They have good low interest loans actually. I just took out a $25,000 loan at only 3% interest to buy bitcoins...
Well your rather silly move might win and it might lose, ask the OP if going all in is a wise idea Have to say though it seems you might have better odds that gaining a profit but who knows. One thing is for sure you should never get loans to buy Bitcoin, you can't afford bitcoin then don't buy it lol That is one harsh thing to "bump this thread" ... enjoying ones pain for your enjoyment.... He traded his house for 650ish bitcoins which is worth today at $178,000 USD .... which means he has lost more than $100,000+ Dollars since his "all in attempt" ... hard reality to live by ... Addition: After further calculation he has lost more than $200,000 dollars... That is correct if the OP held until now, which I would doubt very much that he did. He could have learned to trade from it and is actually in profit but again my thoughts he got out with a 20k- 50k loss, not that bad after being all in. Yeah but i say life is all about limited risks. And I say bitcoin is a limited risk as best it gets compared to someone wanting launch a start up since its gotten funds from VC`s similar to the dot com boom, but more on things being done.
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I see it to go up only because that whole greece mess isnt fixed nor it will be.
And now its just a matter of seeing a country fail..
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I`m pretty new to spotting a double spent address or how it works.
Any chance to screen cap how it looks like? since anyone can get pm`d by him or does future business w. that person.
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if i grow the worlds biggest apple by accident on my tree,on my property its 100% mine if i eat it myself and shit it out i pay no taxes if someone swapped me a lambo for the apple whats the differnce ,i still acquired value from nothing so i pay no taxes if i sell it to my neighbour who makes apple jam with it and we sell the jam for $500k i guess we owe taxes the part im not sure about is when exactly does the government own 30% of my apple ? is it when its still on the tree ? and the value is as yet unknown ? is it when its converted to jam ? does it go by yearly tax dates ? i cant declare an apple that hasnt fully grown yet as its value is still appreciating etc
that's why we live in a world of very flawed tax laws that are prone to corruption and injustice. Only taxes that can be reliably enforced and could not be evaded should exist. Instead of taking money by force, governments should ask for donations and people should be able to choose in which government projects they donate. For example, I would not donate to the budget of DEA but I would donate to the public education budget. Free market bitch. If they did that whole donation route, Id doubt anyone would donate lol. If you ask people on the street would they donate to a homeless person you`ll have mixed reactions about donation and it`ll turn out the same way with donating to the government. Also what you described should be more towards a private company that has some government contract.
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yesterday I get payment 0.069BTC from my signature campaign. actually I can get a 0.1BTC, but I cant post 100/week, because I do not quite have a long time in front computer
I dont think anyone really has the time to do 100 posts a week. Unless they have their nephew as their outsource or some form of help. I mean I made 0.03 at most.
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No offense, but I dont think anyones going to bid on something that they can get screwed over with.
I mean couldnt you just reclaim the account?
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What I dont get from this post or thread is why would someone ruin their rep for $5.
And is there a way to remove their other user who gave the trust to them? whats amazing is people still sell accounts with neg rep as well.
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by 2020 is only in 5 years.
if I see history, I feel like its`ll go through a similar process, but more events will happen since we are getting closer to halving situations and other stuff.
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Umm, theres a reputable person with a rep selling their starbucks cards.
So i dont think you`ll find any business no offense.
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Saving in fiat is not possible, due to inflation. Saving in bitcoin is possible.
By the bolded part, do I get it correctly that you are saying saving in FIAT is not possible because inflation rate is much higher than the interest rate per annum? If it is so then the same thing could be applied to saving in BTC as well because the percentage of the price decline could be the same as inflation as well. Also that saving in BTC doesnt mean that someone will keep his savings in form of BTC forever as you might someday exchange it back to FIAT just to find the value has been half of when you bought them P.S : it has been discussed alot but none has given a satisfactory answer on this matter, could you then? As a matter of fact , I am a fan of BTC security but I cant seem to let go the fact that I am losing if I save my saving in BTC because the tendency of the price keep on falling I say only what I say: If bitcoin loses value, it is not because of the money manager printing more. LOL you can't save into fiat money due to inflation? I think you are wrong because some of business man that now are rich, they save in fiat money and they didn't used bitcoin to stored their money. Because if you save in bitcoin through keeping it into your wallet, you are exception in inflation rate but, if you are already exchange it, it will now only like fiat money with inflation. You mention the rich, but the rich pretty owns everything. because they have the cash flow to buy more houses more everything in anyones life time, so it doesnt even matter bitcoin to them cause they already rich.
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The media portraying that Greeks are rushing to Bitcoin is an utter lie. They are just trying to create fake news which however, is giving a slight boost to bitcoin. However, people actually believing that Greece will adopt bitcoin is so stupid. They would never do that, why will they adopt a currency which will increase much more than its current price?
Yeah, why would you do that? why not just adopt a currency that keeps hyperinflating until it's worth shit nothing? Oh wait, that's what people has been doing, and look what they got in return. Anyway, it's good to see CNN covering stuff like that in a positive note. If CNN covered bitcoin more often, i`d say we would have more users. I know a friend of mine came to me the other day mentioning about it after he read some old cnn article in 2014 when was doing outsource work for some writing gig he had.
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Just a tip, it takes $5 for someone do on fiverr to create you a infographic on what your process looks like instead of explaining.
People tend to be more visual, not want to read a block of text.
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If this really happens , maybe US Dollar going using BTC And All currency will go up , and in developing countries, material needs will be more affordable as possible
I dont see any other option? So why not right? Unless some other foreign powers fiat being accepted then we`ll see more that money floating around until we end up using btc.
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Just keep in mind though if you dont see the # you like in the morning or it drops, just save the stress and check 1 week later and see where it is lol.
Usually its around the same price, so daily checks are really not much to tell unless you hear stories like greece.
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If every transaction of bitcoin were to be from greece alone, I think that means the world is already on it.
Like every second a transaction is from everywhere using it like the dollar, so the odds of this happening is slim to none.
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Op, since youre in greece how much money is stuck in your account? edit: you dont have to answer this question in exact amounts.
Or have you moved most of your funds to western union before the whole incident? or got bitcoin.
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My personal plans are to buy 5 btc in this month, investment idea of a retirement plan which I would require after the next 30/40 years, probably end up as something really big or just nothing. On the down low, I will mine maybe. if its main purpose is to protect and move money around, the value of that will never change. and it wont drop, because its constantly being used.
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This is just in from Yanis Varoufakis blog: Why we recommend a NO in the referendum – in 6 short bullet points Posted on July 1, 2015 by yanisv
Negotiations have stalled because Greece’s creditors (a) refused to reduce our un-payable public debt and (b) insisted that it should be repaid ‘parametrically’ by the weakest members of our society, their children and their grandchildren
The IMF, the United States’ government, many other governments around the globe, and most independent economists believe — along with us — that the debt must be restructured.
The Eurogroup had previously (November 2012) conceded that the debt ought to be restructured but is refusing to commit to a debt restructure Since the announcement of the referendum, official Europe has sent signals that they are ready to discuss debt restructuring. These signals show that official Europe too would vote NO on its own ‘final’ offer.
Greece will stay in the euro. Deposits in Greece’s banks are safe. Creditors have chosen the strategy of blackmail based on bank closures. The current impasse is due to this choice by the creditors and not by the Greek government discontinuing the negotiations or any Greek thoughts of Grexit and devaluation. Greece’s place in the Eurozone and in the European Union is non-negotiable.
The future demands a proud Greece within the Eurozone and at the heart of Europe. This future demands that Greeks say a big NO on Sunday, that we stay in the Euro Area, and that, with the power vested upon us by that NO, we renegotiate Greece’s public debt as well as the distribution of burdens between the haves and the have nots.
http://yanisvaroufakis.eu/2015/07/01/why-we-recommend-a-no-in-the-referendum-in-6-short-bullet-points/So basically they want a loan modification, just like anyone who wanted one back in 2008, but very few got it. The question is, if they have no way paying it, the modification of their debt still become debt imo.
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100 bitcoins then each 1 bitcoin value has to stand for atleast breaking 1,000 mark.
And we havent done that at all. So anything passed 1,000 seems a bit off and thats still in the same span of 5 years.
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7 days ? International Economy collapse in less time than this ... Bitcoin user not affected. day1 = just to see ? Ahhh, they fall ! day2 = sell, sell ! day3 = aaaahh, CDS and ABS launched ! day4 = default of Japan and Eurozone day5 = default of USA day6 = china and russia win, new money day7 = Greek referendum ... this sounds about right lol. china ends up wanting to be world reserve currency, heck why not cause they seem to have a huge influx of more people then usa does. as for greece its the usual I want more money to feed my hunger.
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