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this is what I see, you can correct me if I`m wrong.
But, government with bitcoin will never get along based on two entire different system. One being centralized and the other one being de-centralized which is both opposite of each other.
Unless you got a bitcoin company big enough that takes the entire market, making it a centralized location thats a different story.
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Investment is the best option. Many sources to invest for eg. gold,silver,real estate,stock,govt bonds etc. but savings and investments are interconnected u cant invest without savings a small part of income need to be saved every month in terms of fixed deposits
You can save a portion of pay all you want, but in the years of saving you`ll be enjoying in your late 40`s or longer when youre old. Or you can get paid a huge lump sum by selling a company and be retired at the age of now instead. |
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Save money can only do so much.
You gotta eventually learn how to grow your cash flow, and thats based on projects that employees will never let you do. IF you work 9-5pm you need notice your time is more of value then a salary.
Just think about it, $40k salary, $37k after taxes, and you can barely have time to have fun with it. Which how many years youd have to work for a bigger principal balance to have a successful retirement.
Yes indeed. You can retire at age 40 if you save insanely. It's all possible with $40k salary. But if you only had $20k salary / year, its very hard to save. Its depend to the person who are saving because no impossible to the people who wants to save, although their salary is small. And i think your job is not a very good job so that you have only $20k salary. $40k a month is a salary of a engineer. I don't know which country you live?? But the engineer salary is $40k-$60k (USD) a year, not month. I live in phillipines. $40-$60 annually is not enough for an engineer. So that a month $360 of the salary of the engineer? which country do you live? No. I meant $40k-$60k = $40000-$60000 annually. (k = kilo = 1000) How is $40k not enough in the phillpines, your peso incredible cheap so if you get paid in u.s dollars you`ll be be making way extra more pesos. Esp, when I have a friend out there who lives like a king, and has a house. Btw, $360 a month is not $40k year. $360 a month is damn $4,000 a year not $40,000 |
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Bitcoin is the Future. If you invest today in Bitcoins and wait till next 20 to 25 years you are gonna be a very rich man. It would definitely give best returns as compared to gold in future. So can afford to take risk by investing in bitcoins for the betterment of future.
What makes you think next 20 years? You got some crystal ball? It can turn out to be 20 years of failure, for all you know. Gold, please lets not talk about gold. Gold is already proven thats been around ages and it wont be comparable to its compound form unless you actually have the prices of bitcoin to be stable. |
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Its better to prepare and holding bitcoin and forget it ever exist then come back to it.
Cause all this does is add stress to the individual, who knows.
If you held 20 btc and forgot about it then come back to it since you can be up $20k potentially if prices skyrocket over time.
It doesn't add stress at all. Only people who are not really made for investing experience stress. These people shouldn't get involved in investing money. People are here to use Bitcoin every day, not to forget it for a few years. And even if that was their plan, only 1% of the people would be capable of doing so. I wouldnt say everyday, cause the hassle of getting bitcoin is a burden still. Loops and established accounts on coinbase or however means to get bitcoin just makes the new user feel like its impossible. My friend who knows nothing but is a day trader pointed something hard. If you feel no attacthment to your money, then I think the person is delusional. Its like saying I`m okay with losing $50k?  |
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Its always been like that with that exchange lol.
Sketch price for reasons, deposits not being credited by payeer which they promote their site on. Security flaws or something other related problems.
But, even if this is a old history, just know history always repeats itself.
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Id trust the exchange what most are using at a certain extent.
You should always remember to have your own sense of judgment of how to protect loss or avoid them. Never hold them in an exchange over long periods is a general thumb, but it really varies based on all the operators.
How they react to support, and what they do to resolve issues.
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If you find this news, i dont know what to say.
Btc-e has a long track record not only that exchange but most exchange have price manipulation. But, it depends on the level of manipulation, like how mt.gox did it back in the day was with phantom deposits, which can be doing as well.
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I still think its going at a rapid or good pace.
If you compare a system to have traction in a time period with the dollar.
Its doing more work then our current financial system, and beating golds standard as well with short period time. Not beat, but being comparable at a short span of time which most dont credit.
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only if the price skyrockets for some odd reason.
And it can offset the cost for facility and on day to day costs then yes it can profitable.
But, if you look at prices its not been that way for quite some time. The value would rise though once the block keeps getting halved.
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I see it falling it a bit more like $130-$140 based on fear of the market.
Usually downtrends always end up continue based on peoples mindsets. Even the newbie who joined this forum would probably sell his coin right when he got it 1 hr ago from a localbitcoin transaction.
Its based on how much risk you are willing to hold, and like most people they dont want any of it.
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Tip: Better to go buy bitcoin, and buy hashes with spoondoolies partner with genesis mining that accepts credit cards.
So if something does happen you got a chargeback or potential other security on your side.
Other then that theres not much choices unless you have a gambling mindset with buying hardware and you got free electricity.
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I think most people have it wrong.
Why wait for the price to go up. Your focus should be launching projects that make more fiat money to buy bitcoin when chances are given to you. Everyones hoping for it to rise, but I aint no fortune teller or have a crystal ball.
You could launch something and make a massive fortune and then buy bitcoin like its water.
"could launch something and make a massive fortune" You make it sound so easy.. but the truth is, it's probably easier to become a millonaire by holding a decent stack of BTC for 10 years, than comming up with an idea that goes viral and gives you millions in this ever increasingly competitive world. I rather hold as well lol. I think its better to hold the damn thing to see it grow then start any risky ventures, but I guess its more of a preference. But, if you are rich like that it wont matter only if it does go viral, so safe bet is holding bitcoin. |
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BTC-e exchange alone has low prices usually for a reason, yet alone price manipulation.
It usually occurs based on people with the ties of the exchange itself.
I remember reading article on coindesk 2 years back based on btc-e on how the russian exchange operated.
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Buy at 175 and sell at 300+ Again? I love it  You sir are setting the example lol. Id be doing this all day if I could, but obviously those prices are never constant. The only thing at the moment for most should be whats it worth now, not like 4 years later from now lol. I aint no fortune tellers so why predict something it`ll go up right. Always be making bigger profits. |
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without capital, nothing can happen lol.
but a better approach to getting capital is what you seek for, such as crowdsource or other ways to get funding like those people do with VC`s.
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10 hrs and not even $1.00 value lol.
That shows you that mining requires lots of hash to get even a decent sizable btc produced for the workloads given.
You should just sell the miner on ebay, and buy bitcoin while prices are down. Dont do the whole mining nonsense.
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I dont think the employer would be okay with paying premiums for bitcoin, if there was a price spike during your employment.
It would be a huge risk for that business to pay you, cause it would be possible more pay on their part to pay you out.
Outside from the obvious price decline as well, but that fact it would consume their time to monitor prices isnt worth it to them.
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What about my my Intel Core i5?
Umm, thats a processor, not a GPU lol. GPU is a graphics card, which back in the day to find bitcoin, but ever since ASICs been here its been more of armed asic race. Also you might want to reconsider some stuff that people said, since you are new. I`d suggest building an account and join a campaign to get bitcoin before consider the mining scene and explore other options. |
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he got the house for free. hes already way ahead of the game.
Ohh no way this is brand new information. That gives me a bitcoin goal lol Would buy a whole house with bitcoin? can you imagine though if the guy held $200 per bitcoin and not sold lol. But, if anyone gets a house for free its obviously just free profit. |
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