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781  Economy / Economics / Re: Can we agree BTC is not a store of value? on: March 16, 2020, 07:56:00 PM
Of course the real store of value is nothing other than you as a men.

Quote
Property price soar to the record high and women can just scream “racist” and dozen of men will line up willingly to obligated and provide free housing to the women, but what can men do when facing such discrimination and they have to work their ass out of this hardship to get to what women can get with just crying “discriminate”, men has to work so many productive hours to afford a house that is flipped to the moon, that’s crying out loud but nobody will give a damn when you’re men.

Quote
I also despise the facts that women had it easy when it came to sex and relationships. Whereas women could sleep around easily, I would even feel jealous of their multiple sexcapades at such a young age, and they never had to improve themselves to enjoy the perks of a rich dating life. So basically I had to go through years of unprogramming, unlearning, studying game, learning escalation, working out, build muscle, eating right, facing countless rejection etc, just to get to where they already were all their lives.
782  Other / Off-topic / Re: Thing in real world that you don’t want it to come to virtual world. on: March 16, 2020, 07:35:35 PM
Property price soar to the record high and women can just scream “racist” and dozen of men will line up willingly to obligated and provide free housing to the women, but what can men do when facing such discrimination and they have to work their ass out of this hardship to get to what women can get with just crying “discriminate”, men has to work so many productive hours to afford a house that is flipped to the moon, that’s crying out loud but nobody will give a damn when you’re men.
783  Bitcoin / Bitcoin Discussion / Re: Tyler Winklevoss: BTC is not a hedge to pandemics on: March 16, 2020, 07:03:59 PM
Tyler Winklevoss believe what he is saying like he wants us to sell at cheap price?  Grin  Not the kind of wisdom that will save someone from getting rekt. Despite them keeping their worthless EFT proposals there isn't a group of individuals who wants them shutup.

The media see this as pandemic yet HIV which were there for the longest time and have been killing lives were not consider pandemic. BS

Dafuq this guy has been buying the BTC since forever and fortunate enough to buy in bulk from unsuspecting seller, I think he is not even mind a -50% dip in price, but for the rest of us, we can’t even afford a -10% dump.
784  Bitcoin / Bitcoin Discussion / Re: Tyler Winklevoss: BTC is not a hedge to pandemics on: March 16, 2020, 06:53:00 PM
As others have said, bitcoin will recover, and when it does, it won't have taken negative interest rates and a couple of trillion dollars printed out of thin air in the name of "quantitative easing" to get there.

What really bothers me is that this pandemic will push the world into a new recession
Absolutely, and it is going to be horrific. Before 2008, the Fed's balance sheet was only around $800 billion, and interest rates were over 5%, which provided a lot of leeway for interest rates to be cut down to 0-0.5% and for the Fed to pump out almost $4 trillion in QE. The Fed had only just started to manage to reduce their balance sheet from 2008, and got it from $4.5 billion down to around $3.8 billion, before the overnight repo nonsense from the end of last year pushed it back up again. Now, in the space of a couple of weeks, they've cut interest rates twice back down to 0%, and they've committed to another $700 billion in QE, which will push their balance sheet back to an all time high of almost $5 trillion. The national debt and deficit are both rapidly increasing. The Fed have nowhere left to go other than negative interest rates and printing money even faster. The coming recession is going to be horrific, and USD is rapidly becoming worthless.

$800billions in 2008 and $5 trillions in 2020 in Fed balance sheet, I know people are yelling at me “house price are soaring through the roof, paycheck are still the same.” Is it going to be true? The last 10 years we have just seen gold price to soar less than 2x, yet property price in third world China soaring to record high, I think it’s safe to assume 4-5x soar rate, almost at tandem with what the Fed balance sheet has to said.
785  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 16, 2020, 06:03:24 PM
Yeah, I agree that not everyone can save for themselves, I have been trying to save for a long time, glad fully I have some saved aside thanks to some bounty bonus I did that turned out to be a good amount and it is totally saved aside but I fail at monthly saves.

I can't just spend the money I earn and keep some of it aside, hell I can't even cover that every month so I have to spend some of my investments time to time, thankfully that is rare but it happens as well. So, how could one person who fails to even pay for monthly expense manage to put some money aside. I will keep trying to do it but I just fail at it.

Now, I have about 25k saved somewhere (gold, crypto, interest etc etc) but I don't even know a proper passive income that would make sense and be not so risky neither.

Not trying to mocking, any typical boomers and any typical student loans would easily amounting to 25k, but it’s very fortunate to even have any saving at this climate when austerity recession going on for so many years, and the golden age of economical boom is so over too many year ago, the boomers also reap every profit imaginable, we are fighting for the remaining 2% of GDP growth that’s left to grab, I’m also planning what to do with the saving that we have right now, the thing people seem to be doing is hoarding precious metal coins, it’s sort of risk-free, because your dollar value will be the same if the precious metal market crash, if the precious metal market soaring high you can melt the coins for its metal value, it’s a sure win investment no matter which way the market goes.
786  Economy / Economics / Re: Interest rates to 0%, $700 billion in QE, and reserve requirements to 0% on: March 16, 2020, 01:43:35 PM
They are giving bank zero rate but not passing down the benefit of zero rate to the end users, the people who take loan to betting on the stock market would need to pay a handsome interest on the amount they lend, it’s deceiving article but giving people false hope of free money, I’m seeing more crack head who go broke.
787  Economy / Economics / Re: Can we agree BTC is not a store of value? on: March 16, 2020, 01:38:43 PM
Not even gold is store of value in this climate, I’m watching at everything getting dumped and that’s absolutely out of this world, no logic behind what’s all the number ticking, but don’t be fooled, everything would adjusted to normal over the time amounting to weeks, months or even years, nobody can manipulate the true value of any asset forever.
788  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 16, 2020, 01:25:36 PM
~
Elon Musk did it
Mark Zuckerberg did it
satoshi did it
~

All of the above are very educated people. You can't say to a random person "Start investing so you can quit your job and retire early." because it can turn into a disaster for them. The only thing that's always worth investing in is your education. The thing is that even if you succeed in making money without being educated, those money will hardly make your life better. So, first things first, get a good education, and only after that start thinking on where to invest.

No contest to that, I can fathom all of them are far more insightful than many people miles ahead, they’re totally unlearning themselves to the school education system, I’m not sure what are you going to suggest, when the entire social system is designed in a way that promoting “go to school, get good result with flying color, get a job with benefit, invest into well diversified portfolio, get married and you’re set for life.” You can’t get a good education with current social order, that’s a losing envaedor, personally I don’t even know what to do to educate people, may be create smartphone create awareness on Facebook, create software and so on, but with massive amount of fake news spending all over the internet, you can’t even educate people as easy as it used to be in 2008, that’s trying too hard, the capitalism always get away from it.
789  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 16, 2020, 01:07:38 PM
everybody wants it, it's just that all investments need money, and now people are working to collect it. even after they have the money, they will think of a safe and promising investment place. I already have several plans for that, it's just that money is the main factor in this matter. Well, we have the energy, and that is something we can use right now to make money.

True that’s what capitalism want you to feel, they want you to keep chasing the same rules they’re setting up for you, they want you to keep working on the goal that they carefully crafted, you’re just an economical and political output in their eye but you don’t even know why, you think you’re working for a better future, its a reality check for you, you’re clearly working to enrich the regime as bad as Mugabe who robbing the entire nation wealth yet create no job copportunities to anyone, and you even praise Mugabe for being so rich and give you a secure job with decent paycheck but no pension to you because Mugabe want to use all that money to enrich his entire heirs of 666 generations of Mugabe regime, and keep ruling the people with the same regime that turn all of you into chasing the same fraudulent rules.
790  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 16, 2020, 12:50:11 PM
Damn just after working for few years my feet start to failed me, my right foot are feeling sore crazy, I think I’m going to be disabled soon if I keep going on, I can’t inagine the people who can work so decade or even to their retirement (if they have any retirement in mind LOL), that’s crazy I haven’t even understand how this world work and I’m forced to work for this endless debt cycle, just still a kid who are clueless to this world, child labour are going rampant not diminishing, many people work and get killed on accident, you may feel lucky that you only loss your arm in accident, isn’t it what they sjw tell you? And they will tell you to get back to work and stfu unless you’re dead so don’t protest.
You are lucky to understand that employment or working for someone isn't for you. There are not that much people who's willing to take risk and only wants to be employed forever because there's a stable income and benefits being like one. But for people that doesn't see the beauty of it wants to have freedom but the income wouldn't be as stable as being employed and we're lucky to have that kind of feeling because we don't like it and it's not for us. But we can't blame the people who wants to work for a certain work forever.

The point is they don’t even understand why satoshi create a brand new currency that completely cut tie off with existing one, because the currency we are working on for paycheck are totally blinding us years after years, decades after decades, we wasted a lot of time working to enrich the lazy parasite who contribute nothing but create more debts, while our useful energy not going into helping the poor kids to get ahead in life, people are wasting too much youth working for a corrupted currency, few people want to change that, they want people to create more jobs create softwares to help the people, create computer to help people get educated and get ahead in life, create a utopian nation in this corrupted world, but it’s not easy, they need a new currency that wouldn’t get dictated again by the capitalism, I think bitcoin might be failing in this department, but what else can we do except keep chasing for the same rules and play the same capitalism game and get poorer and poorer by day, yet we are fooled and confused and misinformed and we blame each other for our problem yet we praise the lords who leeching us forever for providing us with a steady paycheck job that’s killing our soul inside out working for the sweat shop that the lords force us into.
791  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 15, 2020, 08:04:20 PM
Anyone who wants to be investing should know what kind of investment they should go into, and doing that means that you should know the level of risk you can tolerate and how much you can afford to risk in investment. If you’re the type that likes to take huge risks and you have a lot of money, then Bitcoin is a good choice to go with and there is a good chance that you can make huge profit from a long term investment, if you can put away a certain amount of money for that long.

It is not a must that everyone will invest in Bitcoin, there are also other investments like gold, bonds, farms and the rest of them. Do proper research and you decide for yourself what’s best.

I’m always advocate risk-free investment, there is all sort of scammers in this world, they know how to dupe people deep in their hearts, scammers know you want risk-free investment because nobody can afford to loss their pension fund into investing, and the scammers team up with more scammers and develop a new scam that promise “risk-free” investment” and trying to sell to the pensioners, the pensioners being duped and believe in the words of the scammers who plead about “risk-free” investment, and they get duped into investing the “risk-free investment” sold by con artist, that’s intriguing people have poor comprehension on word by word definitions, they get duped by words of mouth, and very common for the highly educated one who get duped by the keywords in the portfolio the scammers sell to them.

Well,  what’s risk-free investment? You may tell me it’s all but hoax no such thing as risk-free but only scams. That’s not entirely wrong, however risk-free investment still exists, but they’re usually only controlled by the few elites who work for the big bankers, and yeah all big bankers have all the risk-free investment, you can read some book, Grunch of Giants who debunk the risk-free investment produced by south sea company.
792  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 15, 2020, 07:41:17 PM
It is not that easy for anyone to start investing without proper knowledge about investment, I have seen quite a few people who have lost a lot of their savings with bad investment choices made, I guess it is always better to learn about investment slowly by investing small amount of money first and wait to see the final result of that investment before deciding what to do next.

I’m not going to blame anyone, personally I had seen people loss money in stock market, first in 97 I heard that my mum talking about her elder brother getting into some type of scam in the past nobody aware of stock market existed but we just know he’s investing into something but trying to hide it when loss the money in the crashes, and also by the time in 97 internet was not as robust as today, you can’t access internet with windows 95 (LoL) as the time pass we finally know the truth so that’s stock market that he’s dabbling and loss the pension fund he had saved up, then once again in 2008, this time it was my friend talking about his dad, who recently retired from managerial title and have a million in pension(that’s a lot in 2008), investing into some franchise company selling ice cream, of course with ALL the pension money he have, I think he’s being promised 10% ROI for the investment, kinda same like bitconnect, they promise safe investment, grade A investment, backed by big fund, etc, and yeah you already know that loss the entire money into the scam, although I can’t do anything but just listen to what they say, but strangely for the highly educated people they easily get scammed, many blame about their low emotion for trusting a scammer with their pension money, by now I think it kinda make sense what is happening in 2008, many people loss a fortune into the stock market, btw it is 2020, the stock market recently crashed too, in waiting to see who’s going to be the next one crying scam and who’s going to be the losing entire pension into the investment, I haven’t heard anybody talking about losing their pension yet, may be people are getting too smart and they didn’t put any money into stock market?
793  Bitcoin / Bitcoin Discussion / Re: Can porn sites make bitcoin more popular or will it brings negative effects? on: March 15, 2020, 01:56:56 PM
If Bitcoiners will use Bitcoin to cover their pornsites visiting then why not?we know how big the market of this porn sites now and there are lot even more whos entering each sites everyday.
So for me yeah Porn will help the increase of bitcoin demands in our society.
But of course if these sites will accept cryptocurrency to be use as payment method though i know there are some who is accepting bitcoin as payments.
People aren’t buying porn today, I think you can get pretty much anything better than fake acting porn all over the internet, for example twitter and free lance basically giving out their nude just for views and following, I’m not convince they accept bitcoin to buy their premium items, and I wonder anybody would buy the premium items when it’s priced in USD instead of BTC, I think the impact is diminishing for porn on the bitcoin.
nope because people keep buying porn,maybe you are only using those free videos but those are not completed not like if you purchase premium you will be satisfied to the videos or movies.

I think people expectations from porn acting are getting more out of the order, we are seeing porn industry changing from time to time, old vintage porn are boring and I don’t even get how people spend huge money on blue tape back in the day, and the trend are getting more to catering to individualism specifics fetish orientated, by now I can literally have zero idea how people can get excited over DVD porns, I know they’re still people buying porns, but those people are typically who can’t attest the new generation porn industry or they may not even savvy enough to use bitcoin payment service.
794  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 15, 2020, 01:33:28 PM
...then you should start investing and start generating your passive income that can give you stream of cash flow every months without working,..

Easier been said than done.

People already know this and some are already working on it. However, it's not that simple and people can just start right away as we are living in different life standards. And even some already owned an investment, working will not stop there. They still have to manage it along the way.

Investment is not a joke and to start it just to hope for a literal passive income isn't a good idea for me. People should invest to have a stable and regular source of income and not to rely on passive ones. Of course, it needs works but it's happy to work on something that we owned that generates a regular and good revenue. The effort and time spent is worth it.

You are right, easier said than done. Also, passive income most of the time ended up not really passive as along the way, it stops for no reason. I don't believe in passive income as there are so many factors that will contribute to sustain its lifespan. And if one factor is not working, the chain would be derailed and goodbye to passive income that you are waiting for. And in terms of investment, not all people are lucky with this area. It takes a lot of experience and skill to get positive results from this.
You can’t quit your job, you can’t work for your entire life, you need to invest eventually, it’s now or never.

Investing still needs good capital and in order to have a passive income and that's one of the reasons why we have to strive to work while we're still young. We can't invest now and quite our job instantly because there are still things that we have to consider. Using our savings as an investment is another strategy for us to have a good start but we're always advised to invest what we could afford to lose. Enough knowledge and time to pursue passive income is also necessary because investment alone wouldn't work on its own without effort.

In my opinion, investing is in a big part about mindset and a bit about money, you can have all the entire nation wealth’s but still you would make a very bad investing decision, I’m talking to 401k here. With a willing to help mindset on you, and a little capital you can make a totally world of change, I’m talking about Steve Jobs who get into bankruptcy all the time while still become the founder of the world most highly valuable publicly traded company, because Steve Jobs are a small part greedy for money and a big part mindset trying to help the people, Steve Jobs are greedy too but not to the point of heartless and looking for wealth in killing people.
795  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 15, 2020, 01:19:56 PM
If investing was as easy as you described, no one would work. Passive income is possible for skilled and well-educated persons only. And don't forget about an initial capital for investment.
Investing is really hard, if you are not that rich and your family is not financially stable. Passive income for small investment is nothing compare to your monthly bills and needs. If you want that your investment income will cover your monthly needs then, you need a big investment capital to do that. What you need really is business so you can quit your job and make an early retirement. Investment is the second thing you need if you establish a business. It's hard, but if it works then, you will be financially free for the rest of your life.

Investing is no doubt not easy, but for the billionaires, investing is the easy part, they’re facing even tough life after becoming billionaires, their life of being billionaires are being dictate everyday from the corrupted politicians who constantly want to get their hand on those money they well deserve it, the life of a billionaires is no longer about making more money, but to educate the entire nations to open their eye widely and see the clear pictures to what’s the reason we are all poor and our country are in chaos, that’s the true challenge to the billionaires, they need to change the people mindset, that’s far more difficult than investing, I always have respect to the billionaires who can change the world to the better, they’re truly deserve it, I respect Bill Gate and Steve Jobs for creating the personal computer operating system, without their contribution, we will be still living in the feudalism medieval age that we kill each other and not knowing the truth who benefit by profiteering from wars, who sell weapons of mass destructions to whom, and who is being ordered to kill and be killed, for the name of saving the country and also enrich the pocket of the few elite families who fund the world wars, blood is money in their eye.
796  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 15, 2020, 01:06:28 PM
When I read something like "quit your job/passive income" my lamp for scam is turned on.
How can someone recommend you to do something like that. Thats the good story, Mark Z, Elon Musk and other people, but they are 10 in 7 billion.

That’s correct the elements of scams is in itself, that’s also the beauty of investment because it will dictate the scammers but only blessing the one who’s truly well deserve it deep in their heart, do you recognise any publicly listed billionaires on their achievement and compare to those ill-gotten wealth trilllionaire politicians who refuse to have their names being mentioned on Forbes richest list? The few openly known billionaires are typically American nations or Chinese nations, we wouldn’t got to see Mugabee who hoard the entire nation wealth name to be listed on Forbes, there is too many money got into the hand of the corrupted people, the people who control 99% of the wealth are those politicians, Elon Musk could be just the nobody in their eye even though his contribution to the society is immeasurable, I think satoshi even stand no chance to beat their ill-gotten wealth.
797  Other / Off-topic / Re: What to do with sibling that would wear your out to depression on: March 15, 2020, 11:52:24 AM
It's almost similar in families. There are member of a family that can be a burden to the entire family.
But still we can not chase them away nor avoid them. Even in there flaws their are other things we can admit they can be good at.
Scolding and a lesson punishment can be giving to them to make them realise some consequences of their actions. But still the best is giving out a good heart to heart talk to them. Make them understand they can still be the best, dont bully them or mock them they can slip further away.
Watch the friends the keep, this can influence there action, also become just like a friend to them

He is keeping all the friends that treat money as theirs too, you know what they think about money? “Since you willing to lend this money to me, then you expect to not to get them back anymore.” “ once it’s on my palm the money is mine already!” “Since your money is on my palm, that’s not your money anymore!” And yeah he is so full of himself when his friend duped him into lending money, he took the money he get from parent and lend it to friends, I think it’s the best joke ever I’m totally speechless to his action, now the money is gone still he blame me for not stopping him. What’s a blast!
798  Other / Off-topic / Re: What to do with sibling that would wear your out to depression on: March 15, 2020, 11:46:37 AM
Secretly plan a move out of his reach somewhere, and one day be gone. That way you won't have to fret so much about the money the parents are allowing him to have.

Cool

Damn that sound like what I’m always hoping it would come to fruition as soon as possible, it’s really an eye sore to freaking with crack head, you really can have nothing to stop them, they are totally above you.
799  Other / Off-topic / Re: What to do with sibling that would wear your out to depression on: March 15, 2020, 11:40:28 AM
if he is acting like a kid. treat him like one

set a chore board up: itsa chart of certain chores which will earn him pocket money if he completes it.
dont set the rewards too high. just have it where if totalled up al the chores complete would earn him enough for food and a couple reasonable gifts. (no extravagance)
the reason i say this. is by setting a low income. means he can get something by oing something but get nothing by doing nothing. .. but also may make him come to the realisation that he can earn more and earn it faster by getting a proper job and not reliant on parents pockets.
 
however by continuing to let him just beg for money is just going to continue him getting it. cutting him off will just anger him and up his game. thus becoming more harrassing and more abusive until someone gives in.
and that will become the new standard level of abuse he will apply every time
(yep all kids do that. they hear no, but then pressure 10% more. and if they get a yes. they then use that 110% pressure every time. if they get a no. they add 10% more and if it works they apply 120% pressure every time. endlessly upping it)

so if your at the point of cutting him off you have to be able to follow through with kicking him out. otherwise he will always win by upping the abuse game if never asked to leave.

so thats the options.
* set some rules which earn him rewards and see if he can change. stick to them. dont deviate, dont give in
infact make it a game where you do the chores and you get the rewards instead. then challenge him to beat you at the chores
* set a ultimatum. where he will be kicked out if he doesnt settle down

if however the family chooses to just feed his demands. then there is not much you can do. leaving you personally the only option of you leaving the situation and escaping the stress.

the problem is that families do too much of the loving friend.

EG
kid: 'i want some money'
parent: 'sorry i cant afford it'
kid: 'you dont love me, you hate me and want me to suffer blah blah blah'

it doesnt matter how much love is shown 23hours 55minutes of the day. if a kid wants money in one minute and gets told no. anger grows in 4 minutes and completely makes the other 23hour 55 minutes seem like a wasted effort and pointles use of energy as the kid has blocked out all that

its not about going from best friend to prison warden at the click of a finger. its about having rules and boundaries and a way to show what gets rewarded and what doesnt
sometimes having a calm 'heart to heart' conversation about the boundaries is a task in itself trying to find the most calmest time to talk and try to get it said without turning into an argument.

the short effective way is just put a chart up of chores and rewards or a rule list up. no big conversation no back and forth.. just there it is black and white

there are other tricks too
if you are afraid of saying no. then say a choice.
yes you can have $20 but we are selling your TV
yes you can play on a game but then thats less time for watching TV
yes you can leave your brocolli but you'll have to wash the dishes

That’s some truly heart warming advices, I appreciate your taking your time to write a long post yet I read all of them, and this spoilt brat is not typically poorly educated, he come from English education graduated from computer science, you can say he is very smart very calculative very aware of what’s risk and reward ratio, he is basically taking all possible advantage on leeching on whatever he can get from his providers, I think he learn a lot of thing from YouTube about how to be a total jerk and be a shameless leech and still nobody can get rid of him, I think he is totally womanised in provider hunting ability and harness the skill to a new height, since many politician can get away with all this same excuses he will also get away with being a total jerk, I will consider about the advices you provided, despite it seem like a losing endeavour to me.
800  Economy / Economics / Re: Bitcoin was created for time like this! on: March 15, 2020, 06:29:52 AM
Anybody know what’s the reason behind the last Friday sell down? I think people will just keep it in the dark so nobody would know what’s that, why don’t we ask satoshi to give their insight? That’s really a strange phenomena going on, are we going to see the same crisis in the next open trading day? I think the coming Monday is very crucial, it’s going to be a moment of truth.
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