why people always want to turn bitcoin into fiat, fiat is garbage, you should get rid of it, the whole system is rotten beyond repair
the interest in bitcoin, is earned via bitcoin itself, when the price increase, there is no need fo a mere interest like those of 55 per eyar from bank, you cand download a random good pos coin, and have a better interest per year, up to 50%
|
|
|
No, I do not agree. To enter niche markets we need colored coins more than sidechains. Colored coins offers more opportunities. Counterparty already offers a solution for Bitcoin blockchain.
What are colored coins ? I've heard that term a few times today, but I still don't know what it means. https://www.youtube.com/watch?v=fmFjmvwPGKUtl.dr they are basically stored asset on the blockchain
|
|
|
a mining rig in the past, a gpu rig exactly with 6 750ti and evrything else, it cost me around 1200 euro, but it did generate much more, around 2k
in the case i would not have bought that i woud have lost money, but i can see what you're trying to say with something that is not bought for investment, but for personal care
this is related to someone have his target first then you can finally spend your bitcoin without worring about losing value on what you buy
for example if my target is 10k, i would wait until then before starting to use bitcoin massively, and even if it will increase to 20k, i would leave in peace, because 10k was enough for me
|
|
|
Why don't they try and regulate the EUR or USD cause its being used to fund terrorist activities ?
it's only mean that they don't even have the absolute control over their own fiat let alone, bitcoin, it's why they want to avoid with another thing on which their contorl would be even more lower
|
|
|
I think scammers used the fiat and the cash more than bitcoin, bitcoin isn't yet so famous as you think OP
scamming fiat online is very hard, that's way there are more interested to scam with bitcoin and then converting, because no one can argue form where they received those coins, they can always say that they instamined them with altcoin in the doge era... with fiat you can't really scam, you need to scam cc details or something hard as that
|
|
|
bitcoin isn't a browse game where you click a button and it start to generate, it's not a silly game, it's money, you need expensive mahicne that generate bitcoin before everything else, without this you can not generate anything
see if you have good electricity first and then you can buy 1 s5 to try it out
|
|
|
use coinimal they accept neteller, and paypal too just in case you need it
|
|
|
that website does not look trustworthy, they have a not verified identity(there is no green lock) usually i discard anywebsite that do not come with it, especially if i need to send my money
|
|
|
the best collateral would be an account, it's easy to transfer the ownership and can be sold quite easily as well, but for 5 btc you need something like legendary with trust or hero with many trust
The best collateral would be an altcoin. I have seen plenty of loan requests using domains as a collateral and most of them are not accepted because the user is offering a shitty domain, if you can prove your site is worth 5btc or more then I'm sure someone will. Why do you need the 5 bitcoins in the first place? not my site, but my account, i've made 20 btc with this account, so yes it's worth much more than a mere 1 btc and no, altcoin ar enot a valid collateral they depreciate very easily, and a very unstable, i would not take any altcoin as a collateral not even litecoin instead an hero account is still worth at least 0.5 even today
|
|
|
Most exchanges that we can use in the uk are way over priced. Does anyone take advantage and use arbitrage or is it not worth the hassles registering, verifying, working out costs, doing the transactions, transferring wallet to wallet all for a couple of £.
Arbitrage is quite risky. It takes time to transfer fiat and bitcoin into different exchanges. The time will cost money. it must be done with a bot not manually, and fiat should already be there, when you see that you ran out of fiat you do another transfer the same day, not waiting for it to go to zero
|
|
|
1 BTC is too small amount, you must put a lot more BTC in the investment, like Forex USD/BTC market. Plus if you do not have enough experience, you can loose them fast ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) no you can see it as your bankroll(1 btc) and begin with 0.01 on any webiste that allow you to trade forex with bitcoin, if you're good you will have no problem increase the initial amount
|
|
|
the governments dont care.. their banking red flags are already good enough.
bitcoin is treated like a foreign currency or an asset (like gold or antiques in that regard)
if someone moves more than $10,000 out either by wire transfer or buying something expensive or making a large withdrawal at a bank clerks desk.. it gets flagged. so it doesnt matter if an american is laundering via bitcoin, Euro's, antique auctions.. its all treated the same.
what if he does not exchange them for fiat, but... he buy directly at phisical shop or face to face or whatever? no re flag can happen in that case, and anyone can basically move thousand of dollars without the governments noticing anything
|
|
|
i don't want to miss that gain, which x350+, on the other hand it's true that i'm not waiting for 1300 only, but if we are really going above 1300 then it's better to simply hold then doing anything else more risky, for a not-professional trader/manipulators
|
|
|
Extremely useful heater (after down clock and apply quiet fans), it runs 24/7 so you don't need extremely large power consumption to heat a house, and the electricity cost is compensated by the mined coins
i've heard bad things about health problem with an asic running in your home, there was one guy that had this problem air get toxic after a while if too much heat is generated because of the fumes of some HW parts inside the asic
|
|
|
bad result for me, i'm not in the news to much , or it is simply much harder than the one about direct knowledge for bitcoin
but i admit that a simply search on coindesk would have solved it quickly
|
|
|
I heard that bitstamp has claimed to be running on bitcoin XT, the biggest dangerous right now
is this really true, where is the source? i have always dismissed bitstamp as exchange, never liked if this is true, i'll put them in the trash can directly also they might be in touch with coinbase, because they are pro bitcoin xt aswell
|
|
|
how can fiat be safe long term?
because it is controlled, by the government, and unless your whole government will collapse it will have always a reason to be useful and i'm not sure if hoping for your own government to collapse, will make bitcoin useful in your country, it's no like the citiezens are waiting for that to embrace bitcoin
|
|
|
If you have the extra amount to to invest. buy now because where else do you think will the btc price go?
still need to think whether he wants to make profit long term or short term you can always do profit short term no matter the range, because usually shorters play with the swings that may occur at any range of value so the only option is holding and waiting for a better price, never wait for a lower price in long term
|
|
|
No, nothing like that, everything is proceeding, meaning it is no process and no instant like that
If you are really new in the world bitcoin, you can try to play faucet first.
Increase level your members, from newbie, jr.member, member, full members until you level go up then join the signature campaign, I think it was one of the fastest ways to get bitcoin
how to join signature campaign?? and it works?? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) see the market section under service https://bitcointalk.org/index.php?board=52.0, but since you're newbie you're very limited to 777coin
|
|
|
Take your pills and calm down dude. We have 260 more days before halving.
The race for BTC price ll start withing the next 4 months.
The effect of halving from 25 to 12.5 could still be big. But in the future, the halving effect will be less. This time, the halving could double the price. for litecoin the halving from 50 to 25, resulted in a nice x10, then there was a big dump because litecoin it's kinda useless so doubling is the very least thing that it will happen, i'm expecting more as unsubstantial rise
|
|
|
|