Bitcoin Forum
May 02, 2024, 01:28:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 [61] 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 »
1201  Economy / Economics / Re: MICROSOFT WANTS TO "PROTECT" YOUR IDENTITY WITH BITCOIN on: May 16, 2019, 12:52:43 PM
Encrypt your identity in the block chain? No way, private key is the identity we need, also we don’t need to have only one identity, we can have three or four or multiple identities, one identity is the most silly idea ever because it would make tracking easy, and once your identity is inked, you can’t change the immutable blockchain, your freedom of having many identities are gone forever, you can forget about the dupes, spams, ddos and all the cool features we all love to use.
1202  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 16, 2019, 12:36:39 PM
Why he is the most successful investor?

Because he never revealed his success technique so following his geberic ideas will not make us a warren buffet but what we have to do is just take him as an example,he believed and invested that is why he is more successful than others.

Warren Buffett is just a stock market salesmen, most people sell goods, he choose to sell share, he create M2 money and sell it legal to the world while calling bitcoin a fraud because it backed by nothing, his shares is backed by his words and his books, also his promise, also he don’t want poor people to buy his share, he only want to sell to rich people.
1203  Economy / Economics / Price of goods goes up, salary never goes up!!! on: May 16, 2019, 12:22:52 PM

Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!

End of story! Ciao!
1204  Economy / Economics / Re: Crypto to trigger a global bank run? on: May 15, 2019, 08:05:09 AM

I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?

If you really think that fiat money is really garbage and fake,why don't you just throw some fiat money in the thrash. Grin I believe you wouldn't do that,right.
Some people don't realize how small the crypto industry is.The global market is 200 bln USD which under 1% of the global GDP.The banks simply don't care about crypto,because it's too small.

Of course we have seen people throwing cash from the high rise into the busy town street while everybody else pick it up and the next thing is the cops go and arrest the guy and send him into the prison, it is not legal to litter everywhere, but throwing at the crypto seem safe to do so, it may not sound like throwing to you, but it is perfectly worrying, and banks/government/economists certainly aware of crypto, they’re trying hard to ban it, shut it down, stop people from throwing their money into crypto, whatever they may tell you something deceiving, it is our job to tell who is telling lies/fake news.  
1205  Economy / Economics / Re: Crypto to trigger a global bank run? on: May 15, 2019, 05:35:55 AM

I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?
That's even more than what has already written by satoshi on its WP. It looks like there was a lot of unpredictable condition when people are seeing bitcoin as a revolutionary system right now and it's not only limited to change the digital payment system only like what has already stated by satoshi.

It will disrupt the centralized economy system but it will not so far as your prediction to make the bank gone. Store of value? maybe not maybe yes.

Store of value, I don’t know how you think about store of value, my store of value refer to anything that many people would want it badly, long ago, people love some art, and some people like bill gates love the art, he would buy it at any price, because it is what many people want it, and there is even more retard store of value, rare retro game cartridges which worth hundreds of thousands, why people want it badly, but it certainly has a lot of value thus it has good store of value, does the money itself has great store of value? Or it is just a piece of IOU certificate that nobody want it, and thus throwing at each other.
1206  Economy / Economics / Re: Crypto to trigger a global bank run? on: May 15, 2019, 04:25:47 AM
Firstly, come down to the ground because you are currently sitting on an imaginary issue which doesn't exist!

Understand the below facts,

1. crypto is not a magic wand.
2. Crypto is not created to bring economic overhaul
3. Crypto doesn't have the power to become global currency
4. Cryptos are literally a piece of code

Now, lets look at the possibilities,

1. Virtual currencies will take over the world economy which will be created and circulated by the central banks
2. Banks will have to bring in major technological changes in their operating structure to cope up with the changes
3. World will never move to "one world one currency" regime
4. Banks will still control the economy
5. The parallel economy created by cryptos, will get merged with mainstream economy after banks and governments realize that it's impossible to stop them
6. Crypto enthusiasts will keep the revolutionary ideas in heart but continue to live in reality

Constructive criticisms are welcome!


Facts:
1.agree, crypto is nothing without people using it.
2.economics, well the terms economics I believe didn’t change overtime, it should still refer to interaction among human beings, when two person trades with each other we called that economics, but crypto? I think it is visible enough the trading is very tremendous, although I could hardly get a clue what’s going on.
3.If money itself is an IOU, crypto itself could work just as great as IOU too.
4.true, crypto is just a knowledge if I would like it to be more precise.

Possibilities:
1.I think digital money itself is virtual at best, it had replaced the paper money itself. And central bank create the money? I don’t think so. People believe money are created by M0, M1, and M2, which m0 is money base, M1 and M2 is digital money and stock market, what could crypto fitted in this definition?
2.I doubt bank could catch up with the change, they don’t need to change, I certainly agree with most of the point Vitalik Butterin the creator of the ETH stressing.
3.how about one world one crypto, but it would seem more hostile, because of how easily crypto move from one to another, a currency will only be strong when it is highly controlled.
4.without human being interaction, bank economics wouldn’t work, and I believe bank will survive, but may be getting smaller market.
5.And 6. I think joniboini has addressed it pretty well.


Well, it is just my opinion, economics is certainly not my cup of coffee, I actually had very limited understanding itself, but I can feel something itself is changing, it could be the crypto is the source of that change. However I may be as dumb as the government who is always hostile toward the change.
1207  Economy / Economics / Crypto to trigger a global bank run? on: May 15, 2019, 03:10:21 AM

I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?
1208  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 13, 2019, 03:34:38 PM
I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett.

Warren Buffett is a very successful person in terms of investing. It is just proper that some will admire his work and would like to follow his teachings.

Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing,
An expert does not necessarily mean a good teacher. Same is true with Buffett. And besides, you also need to have knowledge about investing to understand and implement the teachings in his books. It is not like you read a book and you suddenly become an investment expert.

And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
This proves that you still know nothing about investing. You are investing in bitcoin without even knowing what it is. If you really are interested in bitcoin technology, you should at least have read the white paper, but you didn't.  You just got lucky, that's all.
You know looking at stock market today, Dow crashing, apple crashing, it remind me of the old days again, it is the worse feeling ever I have got through, I’m completely unimpressed by all the guy who tell me what I should do, why I need to read more, I’m being lucky etc, it is all the same, just unimpressed, seriously why are they so obsessed with blaming the other guy, are they just trying to help?
1209  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 13, 2019, 12:41:25 PM
you’re obligated to invest to make money slowly, not to make money fast, it took forever to get your money back.
As far as I know, investing (in financial instruments) is not an obligation. It's not something that you must do. However, I agree that you must invest in your education.

Since risk-return applied, go ahead if you want to make quick money.

When inflation hit you hard enough, no one need to force you to invest, you will emotionally driven to want to invest
What?
If inflation hit me hard enough, I'll hedge with gold. Investing is different from hedging.

Wall Street + Government + Banks indeed play a bad role in the past housing crisis, but if you are financially literate, you will not get rekt that hard.

Okay I'll stop here because it's getting off topic.


Still, people should learn from Warren Buffett. It's incredible how he meticulously researches his target before making an investment decision and be a strong hand.

Hedge that inflation with gold? Did you know how the entire gold market is doing? I don’t think you can hedge with gold, and look what they’re working very hard to make sure you can’t hedge with gold, how is the gold entire market cap? It is said to be $7 trillions worth of physical gold, and an unspecified market cap of tens of trillions gold derivatives, and don’t get me wrong they’re all gold too, I don’t know how they do it yet you can’t expect the gold price to just moon to another dimension when the entire market are so manipulated that simply buying them make zero sense, well glad you came to bitcoin, since nobody seem to be capable of destroying the ultimate deflationary nature of bitcoin, I think gold is no longer deflationary when it’s pair with dollars and pair again with gold future, I’m not sure about bitcoin futures, however bitcoins are far from fully valued, it could be equally valuable to the gold market cap. Who know? Since everyone love to call bitcoin the new gold, I kind of agree with them.

You may not agree investing is not an obligation, I think WB have no obligation too to please his investors.
Well, Wall Street government and bank I don’t dislike any of them, actually I like them a lot, they’re by far the best education to me, by following what the conspirator do, I could win them in their own game, I kinda of think this organisation are some of the largest conspirators in the entire world and they’re all invisible to all of us.
1210  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 13, 2019, 07:02:37 AM
I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor. Also all the school praise how good he is, and all of us should follow his philosophy. I didn't make a lot of money following his books, and most of the time I found his books contradicting with each other, to be honest I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money, and knowing that Warren Buffett do not like bitcoin from bottom of his heart, I don't know why, I think learning from Warren Buffett is a big mistake, and I regret reading his books altogether. And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
Warren buffett once said "don't invest in something you don't understand" . From warren buffet I learned about investment and how you respond to your investment. it seems that you are wrong in investing, ok you said you made a lot of money from your investment in crypto, that's because your knowledge is crypto, follow your passion not someone else. I didn't just learn from Warren Buffet because of some thoughts that I didn't approve, Jeff Bezos, Bill Gate and there were still many more entrepreneurs who had intelligent thoughts that I took their knowledge.

I don’t remember why we need stock market at the first place
Companies/businesses need the stock market to raise capital and to get some "benefits" of being a public company.

Yet another typical fix the money problem, but this time it’s much more deceiving and indirectly, it is about fixing the “their money problem”, that’s why all the nice guy tell you you’re obligated to invest to make money slowly, not to make money fast, it took forever to get your money back.


I was forced into investing because why? I believe most of us are forced into investing because the inability of the government to curb inflation, we are forced into stock market, to make a lot of money fast, so that we can survive the other day, try to prove me wrong on this one, and when we get into stock market, we are forced to be obligated to invest not to get rich quick, it is completely bullshit, stock market can’t even fix your money problem and we are still being told to invest in stock market so that we can fix the money problem
Quote
No one force you to invest mate. If you want to make much money fast, you should create your own business, not putting your money in some financial instruments and hope that your investment will go to the moon.

Old and rich people don't actively create businesses anymore because they don't have to. Thus many of them choose to invest via various financial instruments understanding risk-return. However, some still actively creating something valuable.

So if you are not old and rich, please stop this nonsense, none is forcing you to invest.

When inflation hit you hard enough, no one need to force you to invest, you will emotionally driven to want to invest, and it is obviously the primary reason the Wall Street guy know very well, they know 95% guy would have money problem and they will come to them, so that they can start selling you something to make you “rich”, btw it is nobody force you to do, so it’s all your fault, basically please blame yourself as kys, obviously how many people choose to kys because of 2008 crisis, I think people have forgot whatever happen during crisis, they will always driving them self into another mistakes, and it’s could be all biologically driven, a perfect life cycle of a peasant, and please stop complaining and go to work. Smiley
1211  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 13, 2019, 03:19:49 AM


WB getting quick rich from the stock market, he can say whatever he want to show he is one nice guy in the entire world, but look at his company, the bershire Hathaway, what on earth his company worth $300k for a piece of share (and try to buy that I dare you, and no way I could afford them, I need to fork out so much loan just to buy a piece of them, and you can't get a 1/10 of them, you need to get one full piece of them at a time) he pump his own company to the moon to make quick money while calling us who make quick money in crypto a gamblers, and he hate Bitcoin, basically it make too many rich people quick, and he hate anyone who is richer than him and his company? I think we had loss trillions of hard earned dollar by following his philosophy to date, and the 2008 crisis is partly thank to WB too, how long are we going to make this same mistakes again and again.

Why hate?
He is good in his field and he did great to it. People just want to quote that part and not the rest of it.
Same with quoting senators and presidents who had been good in their field. Just using them for one purpose and what is being conversed.

If you are good at your field then do it as how you want it to be then maybe next time people will use your quotes for the same purpose.
I think you are just butt hurt that he hates bitcoin for making a lot of people being rich in just a moment. So what?!
They did it with their own risk and he knows about it.
Just pray that someday he will understand it which I doubt he didnt by now.

Keep on doing your own and set aside those who will get in your way.

They “take” the risk, that sound like a complete sugarcoated and typical reason that any wall street guy would said, and I doubt it, what kind of risk when someone are a absolutely religiously devoted to value investing to the state that they want everything at a big cut of price, don’t it sound very damaging to a growing economic? They just want everything cheap, lowballers to be in disguise, and being shameless too, because I will pump my own everything to the moon as high as 300k for piece of stock as delusional as possible, when you get everything at very deep discount you don’t brother what it does to the economics because why you need to brother it, economics is always growing right? It won’t collapse because of a person like me, but this time is all the guy preach value investing from him, everyone don’t brother just like him, of course we all “took” the risk just like him.


I wonder why a lot of people like to quote the article wrote by/ speech by Warren Buffett. And most of them regard him the king of value investor.
I guess a man who reads annual financial reports of companies with unparalleled interest like a pervert takes delight in surfing porn sites should interest money lovers. This is how people see Warren Buffet.


And in contrast, I know none of the quote made by Satoshi, because I don't even know what it is behind the white paper, I can barely read them.
Satoshi is an incomparable phenomenon!

Yeah I think he love money so badly that he don’t want to spend any of them on anything, everybody love fast money and fast car, but WB are a rare trait, he only hardcore love fast money, but he now have found a new perversion, he will unroutinely come around and critic anything that’s as annoying as crypto.
1212  Bitcoin / Bitcoin Discussion / Re: Ponzi / Pyramid Scheme / Bubble on: May 13, 2019, 02:58:09 AM
We need Ponzi, just accept it. It is our job to deal with Ponzi, and don't blame anyone else to owe you a life.
Wait, what? If you think you need it then go ahead and deal with it, perhaps you don't know what you're talking.

While we know very well that bitcoin isn't those mentioned in OP though the bubble thing is quite agreeable since it's volatile and whales can control the market which they can pump and dump it anytime yet we should know how to take profit then. Just go with the flow instead.

Are you serious you know how to take profit? Bitcoin is now over 9000!! OMG I so glad I’m hodl forever, I’m proud to be the perma shitcoin bagholder.
1213  Bitcoin / Bitcoin Discussion / Re: DID SATOSHI EVER THOUGHT TO MAKE BITCOIN A MAINSTREAM CURRENCY? on: May 12, 2019, 08:22:01 PM

I don’t even know who Satoshi is, I wish I could had been to the forum much earlier rather than spend most of the time spamming the all over the Internet, and ask whatever non sense I could. Well, there is certainly a lot of virtual money existed during the time, I don’t think bitcoin will ever become mainstream, but to my surprise many of the virtual currency dead into oblivion, because the servers are constantly attacked. I could name a few of them which can be found for some most demanding internet games from the earlier day.
1214  Economy / Economics / Re: Was Satoshi someone who lost everything in 2008 Market Crash? on: May 12, 2019, 07:46:46 PM
Why do you think Satoshi began to write the code prior to 2008, I think Satoshi has vision about the 2008, and they are making preparation for it, and they waiting for the best time to launch their first experiment, and I think they wait for the Lehman collapse, certainly they may be losing, but they may not lost everything.
1215  Economy / Economics / Re: Joseph Stiglitz: ‘We should shut down the cryptocurrencies’ on: May 12, 2019, 07:40:13 PM
I don’t even know if he’s making a joke, shutting down is just not a feature in the money itself, same with the dollars, it has no shut down feature, I would be very worry if both crypto and dollar could be shut down, he may try some other approach, may be restricting it by sanctioning, but it would be a futile effort too, very tough choice.
1216  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 12, 2019, 05:01:58 PM
I loss a lot of money following his value investing, but once I get into bitcoin, I'm quickly to make a lot of money


Of course Stock Market and crypto are not the same stock market is more stable than crypto it is back up by real business,
While on the other hand crypto is just a digital currency that is backed up by the demands of the investor .
And it is much more secure in stock market compare to crypto so we shouldn't really force others to invest in crypto.

Crypto are fast, I like to refer crypto to be the fastest among stock market, forex or commodity, it mean one year in crypto equal to ten years worth of hard work in stock market, because of how fast it is exchanged, making fast money became possible. Stock market used to be very fast, too, it is often claim to be the getting rich fast, but not for today stock market, it is so slow, compare to nearly everything you can invest, the reason it is so slow I believe it is all due to how expensive stock market has gotten to be, the entire stock market are said to be worth few hundred trillions dollars, when stock market were worth few millions dollars, it is quickly expanded into billions dollars, at the same time make many shareholders get rich quick, not for today through, but the old folk don’t even know what’s going on and they continue to believe stock market is fast and tell everybody to invest.




If you a successful person, I believe your motivation always have some value for other people. Just like Warren Buffet he a successful person at Stock Market & Busines that's why went he making a statement/motivation other people using that motivation for their own purpose to become like him.

I don’t remember why we need stock market at the first place, but I was forced into investing because why? I believe most of us are forced into investing because the inability of the government to curb inflation, we are forced into stock market, to make a lot of money fast, so that we can survive the other day, try to prove me wrong on this one, and when we get into stock market, we are forced to be obligated to invest not to get rich quick, it is completely bullshit, stock market can’t even fix your money problem and we are still being told to invest in stock market so that we can fix the money problem, anyway I’m glad I get out of it quickly, and save me a lot of hassle to listen and read the book written by lucky guy who make billions from the stock market boom. They can’t help me and I don’t even brother to read his story.

If you a successful person, I believe your motivation always have some value for other people. Just like Warren Buffet he a successful person at Stock Market & Busines that's why went he making a statement/motivation other people using that motivation for their own purpose to become like him.
As far as i can tell, Warren Buffet has proven himself an expert when it comes to investments, though they are other investments that am sure didn't turn out well for him, i know for a fact that his wins far outweighs that of his loses. He is undoubtedly the king when it comes to investments.

It is good for him to make a lot of money from the stock market, but I won’t question how good he is at investing, however I think it is not the reason to learn from him. We have so many billionaires around, are we going to learn from every one of them just because they success in it?
1217  Other / Off-topic / Re: HEY MILITARY AND HEY POLICE THOSE BUNKERS ARE NOT FOR YOU! on: May 12, 2019, 10:22:02 AM
I’m having a good laugh looking at this. You sure are very mad with them don’t you? What is your story behind the thread.

I GAVE THESE MORONS THE SOLUTION AND THEY ARE TO IGNORANT TO START IMPLEMENTING IT!

https://bitcointalk.org/index.php?topic=5141142.0

I don’t read white paper, and nope, I don’t think I’m proficient with the programming and block chain language too, I want to know your own story, the one that make you so mad, or may be Satoshi is the one who trigger you so badly?
1218  Bitcoin / Bitcoin Discussion / Re: Bitcoin Just a Shady ‘Ponzi Scheme,’ Rants Goldbug Peter Schiff on: May 12, 2019, 10:18:14 AM
He is just being a nice guy by calling bitcoin by the name, it is very childish behaviour to me, what can they do besides making a lot of noise and get some attention from the public? And I know all the no coiners are some of the best men in the world, they deserve a trophy for being good guy.
1219  Other / Off-topic / Re: HEY MILITARY AND HEY POLICE THOSE BUNKERS ARE NOT FOR YOU! on: May 12, 2019, 10:12:52 AM
I’m having a good laugh looking at this. You sure are very mad with them don’t you? What is your story behind the thread.
1220  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 12, 2019, 09:52:20 AM
Are you seriously questioning why people bother to follow celebrities? Funny. They did something big(good or bad) which is why common people tend to follow them out of love or hate. In this case, Buffett principles conjured wonders for him which is why others are trying to replicate his success which takes time and does not happen overnight as the others mentioned.

I don’t believe in feeling, some people prefer to make decision based on feeling, they feel Warren Buffett is the best guy in the world that every men can dream of, and they make it the right decision of their life. I emphasise on why, how and what we do something, why how and what we can learn from Warren Buffett? Is it important to know why how and what? Or is it important to just let your feeling decide what is the right decision in your life? I’m not presume who is the right or who is the wrong guy, but it is all up to you guy, I would never ever question if Warren Buffett was a wrong guy. He could be the right guy for every woman’s can dream of.

Not all people learn from Warren Buffett because many people don't know who is him.
People only know Warren Buffett is a motivator, learner, speech and someone who knows many things so people will listen to him if that person needs advice from him.
You don't have to feel regret by reading his books because at least you can find how Warren Buffett teaches people to make an investment or have an investment.
I am not yet reading one of his books because if I want to do that, I should buy that book but meanwhile, I can get another information or add more knowledge from what I read on the internet.
Yeah, he is very famous, I can’t possibly ignore him, it is all over the news, all over the internet, the paper, the book stores, it is like the entire city is full of his pictures.

That's because , he is a great investor, a good speaker, a good philanthropist , and not the last but the main point
*He is a billionaire *

He is someone that people aspires to become therefore they are just following him blindly , they are trying to do what he did also there is a quote that you might have heard of

" Learn from not only your mistakes but from other's too because you cannot make every mistake there is in your entire life and get away with that and still have time to stand up "

So people are just being wise , I don't think there is a bad thing about that it's their choice.

I love the quote too, I made a huge mistakes in stock market, and it didn’t doom my life, and it is one unforgivable experience to me.

Pages: « 1 ... 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 [61] 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!