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Btctalk name mininghubby
Rank: Member
Current post count 143
BTC Address: 16ufioNYpideEDB5BtdCx16cyywShNj8Me
Wear appropriate signature yes
Love to work with you again yahoo. Thank you.
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If bitcoin replace dollar many early bitcoin adopters who have lots of bitcoin in store will dictate the world economy on their terms.Bitcoin supply is limited,those who have good amount of bitcoin in possession will manipulate the market and become a self proclaimed governments.I hope bitcoin never ever replace any fiat
You are not correct about Bitcoin. It has the potential to replace not only dollar but any currency as said by the CEO of Twitter and Square Jack Dorsey that Bitcoin is a future currency. Japan is also an example. As dollar is the power hub of all the major economies of the world and most powerful currency in the world. The dollar is so popular in the most country so I don't think it will replace ever and a lot of people use dollars. They understand what dollar is a real money. For some people if they hear bitcoin they think is fake or they just don't know what it is. The most of them they don't know how to use so yeah. |
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Everyone is dreaming for getting rich..it will buy time and effort..dream of every bitcoiners will getting rich,but one thing we must put in our mind how we protect our investment in bitcoin
Everyone is dreaming but we have to be honest that we need to be when we are at bitcoin world, there are few opportunities to achieve this, with 10 bitcoins you wont be rich into 30 years, its insane you believe that bitcoin will fly into huge values. I do believe that the window of opportunity to be rich with bitcoin has already gone, but its possible, if you have lucky as well an amazing project to achieve those. |
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
Most of the people that have gotten rich from bitcoin are probably the ones that got in very early like early 2013 or before. The rest of us are trying to catch up. I think not necessarily that. lucky people who can be rich from bitcoin. because getting rich requires a long process. like being a bitcoin miner also has to be hard work, it is not easy. Yeah , a lot of people have become rich as of bitcoin as they have invested at the right time, at the start. They are making good money from trading and maybe also selling their services online for bitcoin payments. As the years progress, their earnings also increase as the value of bitcoin increases. However, I would say that the value of bitcoin will only increase and there is still time to buy up and in a few years become a millionaire |
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Growing up we were always lectured and taught on the importance of saving money, at a young age they said was the best time
because the influence it bestows is rewarding and a very fine act of discipline. I think it's purely self control and awareness.
People have different methods and opinions on the best and most reliable options. Some offer banks as the best saving choice,
others keep cash and piggy banks, others invest, others also diversify paycheck, there are also coops and lastly the introduction
of cryptocurrency like Bitcoins and Ethereuem as fresh and modern ways to save and invest. I think diversification is absolute,
I mean try 2 or 4 methods that have been suggested or mentioned in this topic. If 1 fails surely the others wouldn't, just like
what I said earlier, it's a matter of self control and awareness. That's gotta be my best tip.
Yeah its really simple if you are willing to do it. You have to set some limits on how you will spend your money on things that is very important. Don't waste any money on things that not so important. And if you know and think some business that would somehow benefit you, go for it and be sure to have a good mindset. Being thrifty is having a well knowledge about using and earning money. Be sure to use and spend it wisely. |
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If you are planning to give out loans to users on this forum, it would be good to check their forum profile and see if they have any bad history of defaulting loans via the trust ratings left on their profile, and always remember to secure a collateral that is higher than the amount you are going to loan out.
I would not advise giving loans using this forum if you are not a trusted member, there is no security that such person can pay so you have to be more careful and learn to minimize the risk. AFAIK, before you have to collateral you account in order to get granted and some people are just abusing it as they can easily buy new accounts. I agree with you, since it is very risky to loan someone on the net whom you did not know. A complete stranger that has only his rank or reputation to trust but if there are feed backs from known personality here, maybe I can give a try but in minimal amount first. It's really risky getting involved in the loans game in crypto. All of the attempts I've seen thus far have been mostly a failure because people is defaulting left and right and nothing happens, so people just get stop giving loans since it's pretty much like a gamble. Even the guys that got A+ level of certification somehow still defaulted. Im not saying 100% is a scam but a lot of people default. |
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Indeed I additionally like the decentralized component in particular, it was one of the essential reason I went to the Bitcoin System.
Over a period time, it made me independet in terms of financial capabilities.
At that point, the absolute best part about this was the no assessment highlights or simply no taxes relation with the series of transactions. Furthermore, government taxes decrease the efficiency of the skills of a worker.
So bitcoin currency impresses me as it protects money from stealers, crime, and poor government.
I think decentralization is the most beneficial feature of bitcoin but aside from the decentralization, I do love bitcoin for being flexible. It does help me in several ways most likely when I'm in need of some amount of money. I can cash out some money through private exchange with ease and faster than other means and it only takes minutes before I got the money. Also it is much easier to earn here compared to the ones I had been working previously. |
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because bitcoin will provide a very good income, many people are investing bitcoin because of its high value and expect a huge profit from bitcoin. many investors are very optimistic about what happens in the future, they just seize the opportunity that will bring them back investment. if bitcoin prices are still rising, maybe everyone will invest there, so do I and you will do it for bitcoin investing. that's why many people invest bitcoin.
Yeah I think one of the reason is that bitcoin is a digital currency that now has a very high value. bitcoin as a means of Storing the value where the fiat currency continues to lose value, while bitcoin currency has value that keeps getting higher. Bitcoin has proven to be the most successful virtual currency in the world. Thus why should we invest in bitcoin because bitcoin very profitable. |
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Since last year, The first bigbang of bitcoin history so many people was engaged in bitcoin and until right now. I dont think so bitcoin will ends because if there was people who use or trade and invest bitcoin is still alive.Only bitcoin user can say bitcoin ends..
I believe we just need to keep on using it, as long as bitcoins continues to circulate in the market and throughout the internet, more and more people will adapt to it and so as investors and retailers. But knowing bitcoin and its reliability as a currency I think it is self sufficient enough to promote itself. That is why its value is so high nowadays even being not advertised and continuously attacked by the mainstream media. |
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people like to invest on bitcoin for the reason that bitcoin price is liable to change rapidly and unpredictable it also change every single minute which can give them a quick result of their investment.
I think people should invest in bitcoin because bitcoin can help them to be rich and to be successful even if they spend money to invest on it the money that they spent will be double or triple it because they can earn money by just investing to it. My friend is a investor here and he can prove to you that investing is the best way to earn a lot of money in bitcoin. |
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Sure it is loosing , Just look at the bitcoin price today , lossing , loosing and loosing.
keep calm mate, it will be rise again.we will see... I don't think it will. bitcoin doesn't losses its popularity since Bitcoin is now spread throughout the world and that is because of the social media. Because of social media it is known by everyone and everyone are now inform about this bitcoin. And many social media users became part of this btc world. |
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It's never past the point where it is possible to put resources into something you have faith in. Sit tight for a plunge, purchase and hold. Bitcoin will go up in cost and you will make benefit. Try not to begin believing it's past the point where it is possible to put since you didn't get in right on time.
No its not too late bu i think right now it is good time to buy bitcoin at the present time sometime we need to make some good decision for bitcoin future and the interest for altcoin as well for beginners it is easy for every bitcoin community fellow that buying bitcoin now is easy and cheap if we compare these all coins the bitcoin is best famous and valuable currency of the future. |
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Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administratorThe blockchain is a public ledger that records bitcoin transactions. A novel solution accomplishes this without any trusted central authority
I think with you whether Bitcoin can last a long time or not, but I'm sure if the Bitcoin price stays unstable and the user increases which will obviously increase its demand and cost as well, chances are Bitcoin will always last as long as its users faithfully use it. But if the internet dies, Bitcoin will also die because with over the internet Bitcoin can be used. |
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Have you ever thought about buying bitcoin for your children as a future investment?
No, I buy bitcoin for my investing today, For the future I buy real estate and gold. Yeah everyone does this and of course me too i think thinking about the future are always be the first concern of the head of the family. As a head you always find a better future to make your family be stable. So investing into bitcoin is the only way we can get a profitable income if your investment will successfully earned a lot by holding your coin in a proper manner because of a huge price awaits in this year 2018. |
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Well people scam because they don't have enough or not contented with what they have in other word being criminal minded could be another major factor that may lead people to scam other people.
Mostly Scammers are person who gain trust from their victim that has bad intentions and motives. They are skillful that can fool everyone who do not have knowledge on what scammer do. Sometimes those person are soft spoken and very good in sales talking where many can buy because of their words. Person that easily disappeared after getting what they want from you. |
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One of the advantage of bitcoin that i like is its volatility of its price. If you have only a perfect timing for investing on it, then that means you are always making a good profit. So if you have sold your bitcoin during the highest price and went down hours later, then that's a good selling opportunity. As to buying, if you have bought bitcoin at its deepest value, then that's also a good buying opportunity.
Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time. And You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money. And also you are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network. |
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One of the advantage of bitcoin that i like is its volatility of its price. If you have only a perfect timing for investing on it, then that means you are always making a good profit. So if you have sold your bitcoin during the highest price and went down hours later, then that's a good selling opportunity. As to buying, if you have bought bitcoin at its deepest value, then that's also a good buying opportunity.
Yeah of course not only one but bitcoin has many advantage. I think Bitcoin is the most reliable and secured digital currency. The crypto of the top or the most expensive is bitcoin. This proves that bitcoin is best. Some are looking for a long term investment, some are just looking for a store of value. Bitcoin opens a wide range of opportunities everyone. |
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Bitcoin can be regarded as currency and it can also be regarded as asset too, because it can be use for transaction as a medium of exchange and it can be kept for future use which are both currency and asset
Bitcoins can be asset and currency, actually depending on the users of bitcoins what will be done with bitcoins, although the main purpose of bitcoins is currency doesn't mean it is must. Because Bitcoin is based on the community they are free to consider bitcoins as an asset or currency, that is uniqueness of bitcoins everyone can be free to participate giving their opinions about the bitcoins. |
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As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default. Read The Full Articlei guess it wont happen especially if you are receiving higher salary then company you are working for well render their full compliance to the government that if you refer to avoidance of income tax. You may face a lawsuit if you will not decalre your salary or else the company you are working for will be reprimanded or put to closed. You cannot escape salary income tax especially if you have fixated income. However, there are certain job that receive unfixated income and will more likely to escape income tax. But in terms to btc if the owner of the company pays you in btc then therefore they are also held liable of the employment agency since they have worker but they could not show the transparency of the salary pay. Usually the employer will issue a payslip. so bitcoin wont kill income tax. No i think there is a possibility in near future. As Bitcoin is a peer to peer transaction there is a possibilities that banking system will be dried up and the government will suffer a loss of revenue due to taxation. But for now there are lot of people who used fiat as legal tender in buying basic needs in our time I think it will not happen, but maybe this is the time that we might think any means that the government can also earn the right taxation revenue, because government also is a very vital in protecting citizen rights. |
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If you are new to bitcoin, first you must do some research about bitcoin, learn more things, explore in bitcoin before going in or investing to bitcoin. If you are ready to invest in bitcoin my suggestion to you is don't panic to sell your bitcoin. Hold it
I suggest you to read as much as you can from this forum in order to gain as much as you gain knowledge as much you succeed. You should spent some time there is to know the rules and all the process here. Make some research about it but if you want to earn while learning you can join on a forum or signature campaign because on forum you just need only to post and to reply a quote and while you doing that you can read other idea or other opinion so that you can learn something from others while you earning on it. |
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