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1221  Economy / Economics / Re: Puerto Rico Bankruptcy on: July 01, 2015, 05:44:30 PM
This is more about Greece. But I think it applies to Puerto Rico as well because the same greedy, corrupt and powerful intl banks are involved....

True, which is why the US also saw something back in 2008.

And then the whole international banks took into effect after that incident, its something really we cant stop. Its our very nature.
1222  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: July 01, 2015, 05:42:06 PM
simply collect 100 BTC, hopefully enough until your retirement

being hopeful is never a good plan lol.

Its better to have realistic scenarios to reduce the risk in your own way, then just falling up on bitcoin. I rather would just plan most things out to make things happen imo to predict best and worst case scenarios.
1223  Economy / Economics / Re: Grexit on: July 01, 2015, 05:38:41 PM
i think this should be a lesson for not just greece but any financial restriction on movement for any banks in the future.

another country can have the same traits and growing so it hindsight greece isnt the only one.

1224  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: June 30, 2015, 09:06:03 PM
YES.

Bitcoin went from 1$ to 1000$ in 5 years.
It will go from 1000$ to 1000000$ in the next 5 years because of the universal law of speculative extrapolation.

100 BTC by 2020 will make you filthy rich. The problem with those kinds of riches is that most people think they don't deserve such wealth so they will make every mistake possible to remain poor.

Well, this is something that i find very logical in this week.
You might end up rich but this is bitcoin, we have seen times that it hit 1k now it is relaxing a bit but a breakthrough is on its way.

Its pretty crazy how it beats fiat by so quick though.

On what the gold tried to do bitcoin did it in like 5 years is a amazing which tells you most of us should hold a piece of history.
1225  Economy / Speculation / Re: Price is fighting to $300 in July! on: June 30, 2015, 09:03:44 PM
Its $300 in july, but probably fall back in $250 mid range like anything.

Just before the $200 solid price it did the same thing before, before it becomes solid.
1226  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: June 30, 2015, 09:02:33 PM
I see it if there are more incidents like greece.

so if you see another possible country in a similar crisis then theres a huge influx of demand just wanting to move money around.
1227  Economy / Economics / Re: I need bitcoin to be $690 to break even.....will I make it? on: June 30, 2015, 09:01:02 PM
I have no doubt that BTC will reach $1000 within next two years. I just wonder when the price will always be higher than $1000.

I see it too, but not for the same reason as some people predict, but more on greeces continue problem.

And never ending crippling money movements with people wanting to buy more bitcoin.
1228  Economy / Economics / Re: How too get rich on: June 30, 2015, 08:44:48 PM
How to get rich from bitcoin:
Announce development of a new ASIChip. Accept pre-orders with payment. Cheesy just joke

buy 100 Btc or more and Hold for 10 years or more Wink

Buying 100 BTC to invest I dont think you can find that as easy way. You need to get around $25,000 to invest and I guess this is hard to make for some people out there (including me). And 10 years the price will not high enough to make you rich, it is just to make you becoming a people that have some average income



Solution to the problem of getting rich, re title.
NB works only while bitcoin increases spectacularly (which it will, according to myself).

1) buy a bitcoin, and use it as collateral for the following:

2) buy a bitcoin forward, the price is only 10-15 USD higher in 6 months. It is a bet, a contract to buy in the future for a price decided now. You now have one bitcoin and one forward, value 1 bitcoin.

3) when the price doubles (nb, speculation), you sell the contract for the original dollar price * 2, meaning you now have the original bitcoin plus the dollar value of one original bitcoin, which is 1/2 bitcoin current price, meaning you now have 1.5 bitcoins.

Go to 2, but now with more gun powder, may be you can buy 2 forwards and be set for the quadrupling.

Continue as long as bitcoin appreciates.

It is not magic, it is betting money on the rising price of bitcoin, without actually buying the bitcoin. (The one you have to buy is for collateral, to cover the loss if bitcoin depreciates. The collateral could just as well be in dollars, but why not bitcoin when you expect it to rise anyway).

But all of your saying is just speculation and it is risky to make it happen, I guess there wont be much people to do this kind of trading. Most of them are try to gamble and win some jackpot  to make them rich rather than try this kind of method

In that case, just don't get rich. Most people are fine being not rich. Come to think of it, there is another way where you only set about 262 dollar on risk; buy a coin and hold. It might work, and it is not risky.


The question of not being or wanting to be rich is based on peoples desire of wanting a certain lifestyle thats constantly promoted everywhere you go.

so its pretty natural that everyone will want to become rich, if a friend of yours drives a rollsroyce I bet 9 times out of 10 a jealous starts to grow lol.
1229  Economy / Economics / Re: econnomics on: June 30, 2015, 08:42:24 PM
If you notice places like greece are in a financial situation that needs it the most.

It may not be remote, but its a perfect example of how bitcoin is needed desperately.
1230  Economy / Speculation / Re: Why no dump? on: June 30, 2015, 08:40:19 PM
why not dump? youre crazy lol.

why not hold, because a whole country is needing to move their money, like greece for example. And other future countries that follow in its category if it ever does happen.
1231  Economy / Economics / Re: Is this propaganda? on: June 30, 2015, 08:39:04 PM
He sent a link of a video about the national debt And federal. Budget deconstructed by tony robbins or somebody. I found it a 45 minute video which was interesting in bits and parts but really boring. Terribly lazy.

if you found to be boring after waiting a 45 min video then its going to be a waste of others time as well lol.

most people are already aware of that information so I`m not surprised you got bored of the video, I would of just stopped watching at 4 mins into it.
1232  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: June 30, 2015, 08:36:34 PM
It will take some time but the only really sure ways I know of would be to sell bitcoin on localbitcoins or to buy and sell cracked subscription accounts on the deep web. Works for me!

or you can just a decent amount of posts for signature campaign and avoid that headache lol.

buying and selling cracked accounts is harder to find the legit source when that time can be spent elsewhere.
1233  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: June 30, 2015, 08:31:47 PM
If bitcoin drops to 100$, I will buy 10 more btc and then I will just sit back, relax and stay cool about how things progress ahead. I took a risk, a calculated risk and if it results in a loss, it will be my fault and no one else, i will take a hit like a man and progress ahead.
[/quote

Yeah, but the waiting for a chance to price drop this low is very slim.

When a whole country needs bitcoin like greece its actually the opposite of $100..
1234  Economy / Scam Accusations / Re: Scammed report on user kralle on: June 30, 2015, 08:30:17 PM
you can see several threads above you that theres another case, that already handled for his account https://bitcointalk.org/index.php?topic=1103680.0

but not the $5 loss though, but most of those disputes can be easily won if you explain on the phone.
1235  Other / Beginners & Help / Re: my computer got hacked and my BTC and LTC is gone what can be done on: June 30, 2015, 08:27:36 PM
Well that really sucks.. cause anything transferred or any bitcoin transaction for that matter is non-reversible.

Unless the person who stole your bitcoin returns it to you out of some moral sympathy. I`d try to contact that person if its possible, and say hey you got me! I`ll send you $40 starbucks gift card or something along those lines or something, boasting his/her ego.
1236  Economy / Scam Accusations / Re: I got scammed 31.2k in BTC recently on: June 30, 2015, 08:24:05 PM
I traded 31.2 btc for 35k cash deposit. I was stupid enough to send him the btc first. All I know is his phone number, name (I think it's real), and country and have a picture of him. That's all I got. What can I do with this info? And is he gonna be arrested?

Please help me out here. I don't know what to do. Thanks.

Buy more btc before the price goes up. If you're telling the truth about this, you're both dumb, and rich enough to cover your loss.
I didn't want to trade more than 10 btc face to face, because it didn't feel right, and people do these kind of dumb moves, incredible.

cheers

i already lost hope in human intelligence because i see these pics from greece:





Its okay, they just lack using or abusing google to its full extent on money transmitter options. That sucks though, if you got like over $1k in the bank and its stuck.

I mean I only heard about bitcoin on a cnn article, so they must not really keep up with news and stuff?
1237  Economy / Scam Accusations / Re: BadBear , Theymos help !! on: June 30, 2015, 08:19:26 PM
If worst case scenario, your odds are in your favor of winning the dispute.

Just explain not mentioning bitcoin, but a bitcoin miner "computer hardware" was promised and was never recieved if this guy wants to scam you out. Call in and usually a agent will handle all fraud cases to actually hear you out.

Its a shame though hes trying to get $5 in bitcoin through pm`s though lol.

Like seriously $5 dollars though.. you could of gotten work for $5 for doing posts..
1238  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: June 30, 2015, 01:29:24 AM
Best way to get 2 btc to more then 4 btc.. I say hold it.

Hold the 2 btc, and buy the 2 more btc when its low with the job income you have at a discount. Dont risk on gambling it, since the odds are stacked against you.
1239  Economy / Economics / Re: What should I do ? on: June 30, 2015, 01:27:14 AM
dont worry about if its not known or not, cause its a matter of when.

and that when will happen when you least expect it, just focus on what you provide services to others to get more bitcoin to avoid end of 2016 or not. If youre that concerned you can cash some while doing this too. Thats if you got a great service provided to the forum itself.
1240  Economy / Economics / Re: How too get rich on: June 30, 2015, 01:22:09 AM
The only real, safe way:  Get a good job, work hard at that job, get promoted to the top, live within your means and save everything you can.  From there you take care of your assists and put funds wherever you think offers the best lowest risk to reward ratio.  It is as simple as that.  Wink

Wealth: everyone wants it, but few people actually know what they need to do in order to get it. Becoming rich takes a combination of luck, skill, and patience. You have to be at least a little lucky; you build on that luck with your skillful decisions, and then you continue weathering the storm as your wealth grows. There's no reason to lie to you: getting rich isn't easy, but with a little bit of perseverance and the right information, it's definitely possible.
source : http://www.wikihow.com/Get-Rich

well adding to this, its more of like have you given your chance to even open doors to make more then one sale.

Meaning have you created a plateform or something that will escalate your leverage time to break a sale even while you sleep. I mean theres also the misconception too, where daytraders get that 1 hit win and they stop trading but they made a ton of money.
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