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1281  Economy / Economics / Re: How to save money. on: June 17, 2015, 07:43:38 PM
This is my first post. Please do respect

My post intention is to help readers to save their money.

Some of the employee are not saving their money. They spend it on things that they dont need. For example gadgets,buying a concert ticket, accesories, etc.Buying things that not they need is also like a wasting money. Because this thing give a happiness  not a good life. Saving money is just like securing your future because your savings can help you in emergencies. These are the way to save money .
If you are empolyee. You must save atleast 20% of your salary. The 20% of your salary divides into two .


The 1st way : cash reserves- medical insurance, retirement, life insurance  and if you not have salary yet. And emergency. But dont spend all of you 10% in this emergency. You must know if the injury is serious o not before you spend the 10%.
The cash reserves must equal of your 6 months salary this will help you and ensure you becauas of you loss your job you have extra money .

The 2nd way : investment, business- you can invest in some company so that you have a extra income. And you can also built a small business that will always have an income like apartment.

Example. My wage is $ 7.5 per hour and i work for 8 hours and i work for 20 days. So thar my salary is $1,160 . The 20% of $1,160 is $232 .
So that my cash reserves is $ 116 i can spend this money in emergencies and medical insurance.
If my 6 month salary is $6,960 i can stop my saving money in cash reserves.
 

Thank you .

Assess clothing in terms of quality as well as price. An inexpensive shirt or coat is a poor bargain if it wears out in less than a year. Consider fabric, stitching, washability, and other quality related factors in your selection of clothes.

I rather go with the 2nd way.

By the way, your cash flow is your ability of hacking it or not. And when I mean hack, I mean forms of anything can form you a profit that beats a 1 hr wage workers pay.
1282  Economy / Economics / Re: Technological unemployment is (almost) here on: June 17, 2015, 07:39:59 PM
While I am all about automation, I think autonomous cars are insane and I will never get in one as long as I live. My hearse can be self driving and I will not much care then, but otherwise forget it. The only way this will make things safer for people is if human driven cars are banned from public roads because these cars work well together, but do not mix with human driving.

There really is no issue with that thinking,you die and the next generation sees it as norm. Pretty much how the world works,take flying in a plane for example.
Yeah no thanks, i'll let you do the testing. Meanwhile i'll go with logic: Automated cars + human driven cars don't mix up well. That's my theory and im sticking with it. As soon as automated cars are all over the place with mixed cars i'll stop using my car, sell it and use public transport.

Sounds pretty much a safe route as well.

Its better to still rely on someones common sense to drive then expect to avoid possible accidents based on a automation.
1283  Economy / Economics / Re: DO NOT pay off your student loans!! Sub-prime student loan bail-out is here! on: June 17, 2015, 07:37:23 PM
Wait arent we like already trillion dollars in debt.

And yet who has the funds to even bother with the idea of bailing out student loans with my tax dollars for $3.6 billion.

this is why I hate paying taxes..  Cheesy
1284  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: June 17, 2015, 07:35:14 PM
It is my goal to get 100 bitcoins then hodl for between 3-5-10 years. I just hope bitcoin stays low enough for a couple of years so I can get as many as I cam.

You need 800 coins. See the discussion here: https://bitcointalk.org/index.php?topic=946938.0 . Depending on your assumptions about the future, you might need as little as 8 coins. But why take the risk? :-)


Interesting read, but personally I think someone would need more. I guess it depends how long someone is willing to wait for bitcoin to hit the mainstream (if that happens).

100 btc right now is equal to a midrange car. If i was to make a choice, i would definitely buy btc instead of a car, unless you absolutely need a new one.
I see people all around driving BMW and Mercedez knowing for a fact that they don't have much money. In my opinion, it is a foolish errand, but most people would disagree.

Some people rather have social rewards 1st then the financials, which is a disaster waiting to happen.

Similar to going to a casino going all-in and losing on one hand.
going to a casino and going all-in is actually a lot better strategy than trying to "beat" the house with strategies like martingale. In the first, you have almost a 50% chance of winning. In the second, your chance of winning will tend to 0% the more you play.

I wouldnt even try to gamble period. But thats just me.

Martingale is a failed concept, youre trying to beat the houses bankroll. And getting 7 losing streaks happen quite often which is why it wont work.
1285  Economy / Economics / Re: What Will it Take For BTC to Reach $1000? on: June 17, 2015, 07:31:29 PM
For me,
just collect bitcoin as many as you can. Smiley

uh, so what if the bitcoin dropped to zero.

would you still want to collect many as you can then? I wouldnt think so, price is obviously what you need to factor.
1286  Economy / Economics / Re: Why is Bitcoin still a slave of Fiat? on: June 17, 2015, 07:26:20 PM
Why is Bitcoin tied to Fiat? Why is Bitcoin value moving like a stock? satoshi said the value will be derived by the limit of total coins. But we are seeing the opposite. Why dont we mathematically calculate the value of bitcoin according to the amount of bitcoin mined?

Like

Agreed Value * Bitcoins Mined = New Value

0.0010 * 1 = 0.0010
0.0010 * 2 = 0.0020

Everyone is a slave of fiat as long as that person has to pay for things in fiat and has to get paid in fiat. This means you can actually live outside the system, if you get paid in Bitcoin, and pay everything in Bitcoin.
Using your own example, wouldn't you then just become a slave of bitcoin?

Youre basically exchanging the ideas of money.

Its just in a different form, so yes you become a slave for bitcoin, in a simple concept.
1287  Economy / Speculation / Re: why so much pump? on: June 17, 2015, 07:23:20 PM
the real question is why so little pump, when after all those good news of many investors that have started investing in bitcoin, and more services which are building more infrastructure for supporting bitcoin?

all the aims of recent news that were pro bitcoin, is still not well reflected in the market

The market is heavily manipulated and someone is getting stacked up with BTC, buying slowly to not disturb this price stability. But this price stability within itself is starting to look artificial, which leads me to think we are under a long term buy scenareo by some whales.

Market will always be manipulated lol.

So I usually get over the price of bitcoin, and for longer terms I actually just try to sell my stuff for bitcoin now instead of buying it. The more you buy into bitcoin the more risk youre willing and expecting it to pay off.
1288  Economy / Scam Accusations / Re: ATTENTION! Bter - DON'T PAY INTEREST ON DOGECOIN on: June 17, 2015, 07:20:52 PM
Bter has been hacked two times and many ppl's money still stuck there! I cannot understand you guys still have funds there just for the tiny amount of interests!

Thats a shame.

And yet people still ignore that red flag? Anyone who arent aware of doing their homework and investing is similar to burning cash. If they have a main thread, you guys should link it to this one to prevent more feeding frenzy.
1289  Economy / Scam Accusations / Re: Warning cloudminer.biz is a scam site on: June 17, 2015, 07:16:27 PM
its funny, cause other browsers like firefox lets me go to their site lol.

google has been on that malicious service for lots of sites lately.
1290  Economy / Scam Accusations / Re: cloudminr.io no payout on: June 17, 2015, 07:15:09 PM

You are the owner or you want to help people?
So this site is paying or not?
My support ticket still have no reply and this is not OK at all
Anyway, thank you for reply.

It has stopped paying out in many cases. After it skipped 2 payments for me, I can't seem to even login to my account. And yes they haven't been replying to any support tickets.

I like how the support tickets never seem to be answered.

It seems pretty frequent to see this, its a shame cause that only gives more skeptism on when and matter of when this site just explodes.
1291  Economy / Invites & Accounts / Re: [WTB] Netflix accounts on: June 17, 2015, 07:12:08 PM
I got about 10 accounts that I got given away, you can pm if you want.

I`m expecting bitcoin, and use free escrow, but no paypal stuff.
1292  Economy / Invites & Accounts / Re: Selling Bitcointalk account on: June 17, 2015, 07:10:28 PM
Is op even willing to sell this, cause I dont see any response to the recent comments replied.

Let me know if 0.02-0.03 btc is a flate rate for me.
1293  Economy / Speculation / Re: Let the dumping begin... on: June 16, 2015, 07:14:24 PM
If anything, its overall climbing for 6 years, last time I checked.

Then again, from zero value to now holding mid $200 is a good sign for growth. Esp the twins exchanges is about to launch in a couple days officially.
1294  Economy / Speculation / Re: A humongous crash imminent! on: June 16, 2015, 07:11:40 PM
I only had .5 bitcoin.  You think people on this forum have hundreds of bitcoin?  Lol

I think if you have anything more then 5 btc, you beat the average holder.

I never really bought bitcoin, but I been around and if I didnt gamble at all I would of had 5 btc by now.
1295  Economy / Invites & Accounts / Re: WTS: Bitcointalk Sr. Member Account - Escrow Accepted - .3 BTC on: June 16, 2015, 07:10:13 PM
Well whats the average price for these now a days?

Can you list more then 3 threads that support that price?
1296  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: June 16, 2015, 07:08:28 PM
IMAO, there's no need to worry about the current price or where it's going to be tomorrow.
The important thing about bitcoin is its potential, so... everything else will come as time goes on.

Yeah, the price isnt important. But, it just helps to motivate people to help and hold their coins.

I mean I already see being it used constantly for greeces events, with their financial stress of people wanting to move their money fast.
1297  Economy / Speculation / Re: Stocks fall globally as Greek talks collapse on: June 16, 2015, 07:06:43 PM

That inspiring speech did some awesome job am I right?

Or am I right? Like greece is a prime example, when bitcoin is used when financial stress happens people need options to get out their money into btc fast to save whatevers left to exchange something better.
1298  Other / Beginners & Help / Re: People that buy/sell bitcoin on: June 16, 2015, 07:02:17 PM
youre lucky if you walk away being in profit.

Its just a higher form of gambling that most wont mention straight up to your face, but encourage it with TA = technical analysis.

Just stick to your job, buy btc on the decline trend and hold. Or just build a service around bitcoin.
1299  Other / Beginners & Help / Re: Got BTC, Want PP $$ on: June 16, 2015, 06:55:34 PM
Theres a highly rep person who does this.

Pm Monbox if he still has any paypal left, just know his conditions. Check the currency exchange thread and he has details either he`ll accept or not.
1300  Other / Beginners & Help / Re: How can bitcoin be used in shops, if payments take so long to process? on: June 16, 2015, 06:53:47 PM
Credit cards take 2-30 days to sort out. Users seem to not know this, but businesses know it well. So bitcoin takes an average of 10mins. vs. a week with credit, and it costs the business 3% for
the card.  Shops do better with bitcoin.

Yup this is pretty spot on.

I help several friends with their business on the back end of stuff if they need help. I rather have the transaction also thats non-reversable as well since the product can be in a un sellable condition for them.
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