That's a really smart thing that you say there, I could use the BTC invested in me, and keep it in my wallet, and then exchange my own money for what it is worth. Thanks for the tip!

Okay... I knew this would come. I created that address for receiving purposes only.

Let me explain something, I have never owned any BTC, but I have made really decent money on it. For all you guys that want to learn something, and something smart, pay attention now:

Take a quick look at this link: http://www.plus500.com/Instruments/BTCUSD . This is BTC how investors trade it. Not by buying actual BTC, but by leveraging their money in the BTC/USD dollar market. If you look at the link I provided, you will see that the leverage of this product is 1:5. What this means is that for every $1000 you invest, you can trade with the power of $5000 (!). So, essentially, your money is worth 5 times more, but be warned: this also works against you if you have the wrong side of this two edged sword and your money supply will sink faster than the Titanic.

So as you can see, if one would buy BTC1, and he would wait until it has risen $50 and sell it again, one would be better off with the way that I do it, because then that person would have made $250 in the same time frame. Imagine doing this with BTC10 as some of you guys do; you are missing out 5 times the money you could have made in the same time frame.

Everybody on this forum is thinking that waiting will get you rich... Maybe for some it does, but for a lot of people out there: you are missing out on a lot of money, especially if you own a tiny bit of BTC.

I know, nobody seems to trust other persons these days. I would say, give it a try and see your money grow with almost 10% a month, that will double your money and more each year, or wait for BTC to rise from $850 to $1700 within one year, I doubt it will happen .

Good luck to you all, and maybe some people start realizing that investing you money and making $2 for every $1 you put in is the smartest way of working and getting rich.

Kind regards,

Robbert BTC

Hello everybody,

I am Robbert BTC, I have been following the topics of bitcointalk for a long time, but I have never really taken the opportunity to make an account and share my thoughts, until some days ago. I like the thoughts on this forum, and many people have questions. A question that probably comes up the most, and of course is the most difficult to answer: how do I get my BTC to be worth more if I buy them now? Should I buy BTC now? Am I too late to jump in? Will BTC fall? Will I be a millionaire in 5 years?

All these questions are especially difficult, because nobody knows what will happen. It is all speculation and the value of BTC these days is based on literally, thoughts of people. As there are not many ways yet to pay with BTC, like in a restaurant, the value is still not really usable. Unlike stocks or FIAT trading (called FOREX, foreign-exchange, or money trading), which all are backed by either the performance of a company, economy or inflation, BTC is not backed by anything yet, and its rising is all due to people believing that its going to be worth more, not because it actually is worth more or that a lot of companies are accepting BTC so it's usefulness has increased.

Okay, why I started this topic:

I see that a lot of people want their money to grow. However, doing that with BTC is a huge, really huge, guess and an expectation of BTC being worth more. I will admit, the rise of BTC going from $50 to $600+ has been really profitable for me, but not because I personally believe in BTC to be worth that much, but because others do. I believe that BTC will have a future, yes, and maybe the price will also be sky high in a few years, no doubt, but nobody can be sure.

I started investing in the index fund market when I was 21, just for fun and out of curiosity. If we skip a few years (damn... time really flies: enjoy it while you can guys!) we are in the present, and my investing skills have really improved over the years. I have a combined profitability of 37% a year for the last 12 years. (Yes, that means that every $1000 brings me in around $370). Most people thing this is unrealistic, but think of it as a store. My mom happens to own a bridal store, and every year she pays for rent, new dresses, and employees. Every dress brings her about $500 in profit, which actually gives her an annual 45% profit on her investment. So in numbers, my mom is being more profitable then me. I do not have to work for it tho, and she also does not have to work because she loves her job so much. TIP: find a job you love, and you never have to work a day in you life. Oh, and btw: I've been trough drawdowns yes, seeing your money disappear for months in a row makes you feel really sick... Telling yourself to not ever invest ever again, and trowing up from seeing your life end in front of your own eyes. This will happen to you guys who jump in to BTC now without any knowlegde and thinking it will be getting worth more and more every week. Maybe it will; but are you willing to risk what I just described.

I am willing to offer a service. I will combine my skills to get your money to work, and give you some of my profitability. I will combine index funds, a small bit of FOREX (as I do not think markets are great at the moment of writing) and a little bit of investing in BTC, for daytrading and when I trade BTC, it is only for very short periods of time (think 30 minutes at a time). I want to see money now, not in 5 years.

What I ask and give in return:
If somebody is interested in a probably safer way of making your net worth more than with BTC, I will do my best for you: if you send me any amount of BTC above 0.10 (it is not interesting for me to invest with $1, but things can start to work above $50). I will return you your BTC one month later, +5% and + 1/2 of every percentage it has grown more than 5%. The last part is for me to try to take maximum care of your BTC / $ and be as profitable as possible to earn something myself as well.

Example: somebody sends me BTC1, and the market that month is great. I will turn that BTC1 into cash, invest in some index funds, maybe in BTC if I see some nice opportunities and anything else I think is right to do. One month has gone by and I made a profit of 17% (one of my better months this year that would be then). 1 month later I will return that BTC adress BTC1, + 5%, + 1/2 of 12%, so that would be a total of 11% profit that month that would be returned to that particular BTC address.

IF it would happen that the price of BTC has risen more than the amount I made, we can discuss what you want via private message here on the forum. Since I do not do long term trading I could miss a big total rise of BTC. In that case, we can make an agreement on your terms, that maybe I should re-invest the amount until BTC has dropped, or that I send the amount to you in $ (so you will not lose any of the net worth of you money, you will just not have it in BTC).

How things work:
Here is my BTC address:

1EKQzmqB2km7jcW5NiBAbch75ahD192Rdz

Every day I will check my wallet, when I receive some BTC (as small as BTC0,10) I will make a screenshot of every BTC I have received, and store everything in an Excel file. I will keep track of all addresses, all amounts, and dates. I do the best I can, and every week I round up my investments that are done with the BTC I received, put that money aside and calculate which address has the right to what money. It will be a shared money pool, so everybody gets the same percentage of profit, depending on the week that you jumped in. Every time one month has gone by (lets say, the end of every month) I will transfer all the BTC addresses their portion of money and I will update this topic to let everybody know their BTC has been send. In a case something would go wrong, for example, a month has a negative impact on my (your) investment, I will also let you guys know via this topic and let the money be in my wallet for the next month, and pay out the profits without my 1/2 share of the profit, because if that would happen  I have not done a good job in my own eyes.

Looking forward to hear from you guys and to help you grow your money And one little reminder, 5,5% as a base interest rate, is higher than what your bank offers you I guess!

I will do everything in my power to not let you down, as it is in my own interest as well.

- one little edit -
The 5% + 1/2 of everything above that 5% profit is for each month , not per year!

Kind regards,

Robbert BTC


 

Hmm, a controlled currency would not be possible, as bitcoin is not owned or made by a single institution. Unless Bill Gates, Warren Buffett and the Koch family would buy all available bitcoins (which would be nice for the current owners of bitcoin as this will cause a massive price increase), bitcoin would not be a controlled currency. Oh, and by the way, even if somebody would buy them all, the market is gone, no users are left and BTC will probably be dead.

So, a state-controlled currency to replace the dollar? No, It is by nature a deflating currency, not inflating like paper money. Nations will hate it? Yes, their power to print money will be gone. As more and more people around the world will understand that our current money system works, but is corrupt, and bitcoin is not corrupt by its nature due to its maximum emission of bitcoins, the world will flourish.

Haha just imagine (this is probably nothing serious for at least the coming 50 years or more): Billionaires of this time (dollar time) will be the ones having 7,2 bitcoin, as Bill Gates has 72 billion right now. We will look up to those persons and be like, wow he has 7,2 bitcoin! He is a the richtest bitionainre in the world! (haha.. bitionaire sounds like bitchionaire, maybe bitlyionaire is a better word choice). The poor ones among us are begging on the streets, asking if we can tap their phones using NFC to give them a Satoshi or 5...  What a strange world that would be Maybe some will look back at this paragraph in 50 years and  think haha, he was right after all.

Somebody else's thoughts please on this topic, I find it interesting haha!

Haha it will never lose 95.4% of its value in 24 hours, sorry I lolled.

It might drop, but never that much. If it does? I'll bet 30% of my investing money on it immediately and go for some nice risk/reward.

I know that this is post is probably created for some nice discussion material but if you're being sirious: "haha" is the only thing I can say .

Ekaros is right: investing is about money preservation, willing to lose everything you can afford and patience. If you have 5 BTC now, and you make some side money or have a day job, keep it If 5 BTC is all you have, and you're worrying about going to the supermarket in 5 days? Sell it. In my opinion, the price of bitcoin will rise in the coming years . Right now its to "new" , that is why its so volatile. The rise it had the last weeks, and which was really profitable for some  , will probably fall. Short term investing without any knowledge or without any perception of risk in volatile markets can mean bye bye to your nice 5 BTC. Planning to keep it for a few years is probably going to give you slow but rewarding profits. Best thing i would do? Leverage your 5BTC in the S&P500 right now, wait until BTC dropped low once more and when it starts climbing again, jump in. You might see some really nice money growing from the S&P500, and then again from the rise of your BTC, and you might end up with 7-9BTC in the coming 7 months

Just a tip: trading stocks and indexes without any knowledge or understading might wipe all your earnings and more, so be careful. If you really want to invest, ask somebody you trust to do it for you at a % of the profit. And even that does not guarantee profits!

Good luck

Hi there,

I have not posted in bitcoin talk to much, I just created this account. Does not take away the fact that I'm pretty good with money.

My view on your question:

Some pools are very big indeed. But, as the main rule of demand and supply will apply here: the cheapest for the best will always win. So, in other words, if one really big pool would increase it's transactions fees, and would be more expensive than, lets say, the second biggest pool, the second biggest pool will draw a lot of attention and people will start moving there instead. The pool that is the biggest, and wants to profit from its size, will always have to look out for the other options that people have.

So, all the pools must make price increases / negotiations  (which is illegal in the corporate world, but of course not in bitcoin because its "free" from rules) to get the transaction fees up. But there will always be a supply - demand, so I think prices will not go up that much The best service for the right price will win!

BTC will not die as long as people use it on a big scale. Where people are, and money (e-currency) goes around, nothing will disappear. Because of it's deflating nature, prices are likely to keep on rising (very long term). It's because of the inflating nature of FIAT currencies that these currencies actually always die, yes, the dollar, euro, yen, you name it... Will eventually disappear, and hopefully BTC will be ruling the world The only thing that has been around that also has a deflating nature are precious metals and gems, and probably BTC will follow the same path. As long as people world wide recognize BTC as the best option we have, we will have a flourishing economy and no such economic drawdown as we had the last years (and in all of human history since FIAT currency was invented actually).

Want anything to read on the dying nature of FIAT currencies? : http://dailyreckoning.com/fiat-currency/