bitcoin is the winner i choose bitcoin, in future bitcoin will be replace dollar and if all people in the world using bitcoin the price will be up  Yup Even I will also go with Bitcoin only Because Gold and bitcoin are for future savings In that case Bitcoin is better than gold due to its price and demand in future too. But gold is also have demand. Not much when compare to Bitcoin. Both BTC and gold are catching a bid today. Everyone's circumstances are different, but I would recommend HODLing both BTC and gold. Personal circumstances would point to what percentage one would want to hold of each. 1% - 3% of net wealth in BTC seems about right to me. Not any more (volatility) unless you are knowledgeable and confident about Bitcoin. 2% - 10% of net wealth in gold, been the BEST wealth preserver in town for 5000 + years... JMO |
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... Buyer, HODLer and user of Bitcoin. I buy gold from time-to-time with it. But, most BTC I have, stay HODLed.  I have introduced BTC to just TWO people that were interested to listen. Only ONE of them holds more than $5.00 worth of BTC, and to my knowledge he is inactive. We still have a long way to go before BTC becomes BIG. |
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jaysabi
And those debt numbers are JUST the officially acknowledged US National Debt. Depending on whose numbers you believe, those debts (inc. unfunded liabilities) could be from $80 trillion to $220 trillion.
If the FED raises rates this month, the interest rates will cause our debts to rise even faster. Ugh.
* * *
callynyan
I don't about non-holders of BTC and gold becoming GHOULS, but point taken.
Both BTC and gold are excellent diversification vs. .gov malfeasance.
EDIT: You got it spazzdla, they are coming for whatever "Easy Money" they can steal. I cashed in my IRA (a USA pension scheme) in 2008.
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Beginning to feel like BTC may indeed get to $1000 in 2016. The world gets crazier by the day now.
China just devalued (again). If/when some of the rich Chinese want to get their wealth out of China, some of them may turn to BTC as an easy (and quiet) way to do so. Buy a condo in the USA or Canada. THAT would help BTC get to $1000...
And there are LOTS of other issues going on the world. Holding some gold and Bitcoin is just smart.
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I just bought some BTC very recently at my city's only (AFAIK) BTM. This time there were two others waiting to buy as well (all three other times I was the only one). But the machine was partly on the fritz, only two (of us three) could get our trx through.
The glitches need to get worked out as just ONE of many improvements that they/we need to do and see before BTC takes off. But, with the nice move to approx. $443, maybe 2015 will lead us into a NICE 2016.
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Gold, and commodities in general are crashing, yet bitcoin is rising incredibly! Bitcoin looks very strong.
Bitcoin has undergone a phase transition. Well, maybe. BTC is at $443 or so now. Whatever flaws there are in the BTC model, it looks pretty strong now. At some point I would like to see Armstrong comment on BTC. And a good place to put some of one's wealth. The world seems to be getting crazier by the day... |
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And now regional election in France won Jean MarieLe Pen.ultra right,antieuropean party.She is crazy inteligent and
and not blindly against EU saying very often that what many people think.Stop with EU of Germany
Jean Marie Le Pen was the former leader of the Front National. He was expelled from the party by his daughter (Marine Le Pen) and grand-daughter (Marion Marechal Le Pen). Also, only the first round has been completed as of yet. The second round is scheduled for this Sunday, and there is a good chance that the FN will be able to win 2 out of the 13 regions. Watching Europe is fascinating, as what is happening there may happen in the USA within a couple of years. Importing mass quantities of "migrants"? Europe leads, but we may follow... BAD conditions encourage the rise of a "man on horseback" (ex. Marine Le Pen) to lead their countries? Europe leads, but Trump is pretty close... Europe's debts may be higher than our own (depends on whose numbers you believe). Europe is only beginning to see that big changes might be needed (as we are beginning to see). |
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Well you have to make sure there are people willing to work for cheap some how.
However I am not entirely convinced that the government has gone and shut down all the exchanges, especially when looking at the localbitcoins charts.
In every country so far, on localbitcoins, the volumes have been surging when you compare it to recently. That's one of the beauties of Bitcoin, there is literally no way to shut it down unless you shut down the internet.
Well... there is no de jure ban against Bitcoin exchanges in India, but definitely there is a de facto ban. Most of the local exchanges have seen raids by the tax authorities, and none of the banks will work with them. So far, foreign exchanges such as Localbitcoins and Bitfinex are not affected, but I am not sure for how long this situation will remain as such. There sure do seem to be what look like warring factions in India re Bitcoin. Some of what I saw (first-time visitor, and as a tourist) made me think that they might have a shot at superpower-dome... But, cracking down on future-oriented technologies is not wise. And, yes, I know that India has always been very bad re bureaucracies. That will hurt them. Slow them down. |
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Satoshi probably was a small group, which become a bigger group, which then exploded into a huge group of poeple.
who came up with the original idea? the guy that invented money. who cares.
this is bitcoin, these are yours these are mine, they are all ours, we are all Satoshi.
Very eloquent, I feel the same. I'm no pro, but I buy, HODL and actually spend some BTC for gold. The actual inventor(s) of BTC would be nice from a gossip-y basis, but if the Bitcoin Ecosystem keeps working alright, THAT is what is important. And THAT is all of our business. |
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Most bitcointalk members would probably just troll him to death with requests for a no collateral loan PLEAZ.
Myself, I'd ask him where the inspiration for bitcoin came from and I'd ideally like to hear the answer whilst sitting down in a good coffee shop drinking Kona.
Seconded. While maybe many would ask him for BTC, I would like to talk IDEAS with Satoshi. A really good coffee at a good coffee shop is the right place for that conversation. O were that to ever happen... I'd even offer to buy the coffee. |
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Why just an hour or so ago I was at my bank (USA) pulling some FIAT$ out of my account. I know the teller, so I asked him if he knew anything about Bitcoin or if anyone ever asked him about it. He had never even HEARD of Bitcoin, I had to give him the "15 second" description (digital money, cheap transfer). He still looked befuddled...
I am still at just TWO people who know anything about it, just one friend with a real stake (> $5.00 worth of BTC). So, it looks like it is going to take some more time for it to catch on in a BIG way.
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The elite is a class, it doesnt matter who personally is in there, they are all doing the same thing.
Your point is not proven.
What matters is that neither you I or the public knows who these people are, what they own, or how they use their influence to manipulate the political system. The richest people in the world are typically listed as 1) Bill Gates: Net Worth: $79.2 B 2) Carlos Slim Helu & family: Net Worth: $77.1 B 3) Warren Buffett: Net Worth: $72.7 B However, can we have any confidence that this is truly the case. In an era where wills are not public, and assets can be transferred between generations in blind trusts perhaps Bill Gates is really the 11th richest person and there are 10 others wealthier and more powerful wielding influence behind the scenes. Maybe not, point is I have no idea and neither does anyone else. The system is opaque and completly non transparent. The very wealthy as long as they are careful already have their anonymity. One of the greatest features of bitcoin and blockchain technology in general is its utter transparency. Yep, you are good, CoinCube at putting public facts out there. Yes, you NEVER see the Rothschilds, for example, in the Forbes billionaire lists, yet I suspect that they are very near the top of the world's wealthiest families. And I do NOT mean to pick on them, the R. family has every right to the money they made, and to have as much privacy as they can acquire to keep the leeches away from them. There are likely a LOT of other rich people/families who are laying low as well, and I do not have a problem with that as long as their gains are not from criminality (and let's leave BANKING out of this re criminality). As mentioned above, were I REALLY RICH, I would certainly not be commenting here at bitcointalk, LOL... I would be hunkered down in a castle somewhere, quietly pulling strings or whatever to keep my money in the family. |
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Ahh, OK. I just noticed these now. Sorry to be slow on the uptake, mexxer-2.
Good thing the mods are on the ball.
I still don't understand the motive of these messages though.
Would this be the Bitcoin equivalent of the "St. Petersburg Trolls"? (Russians paid to write Kremlin propaganda)
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Egad, faster than I can write these up, even more appear.
Weird!
I saw someone just now suggest bots. But, but, why ??
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... I would really like to find a way to increase my BTC holdings. Almost any decent income (everywhere) is now hard to get, not just here in Bitcoinistan, but worldwide. But my main concern with BTCJam (and others) would be DEFAULTS on loans by borrowers. Maybe this has been discussed elsewhere, but there is NO WAY I would loan my BTC out due to risk of loan defaults... * * * Sure would like to invest some BTC with bitmixer.io however. But, last I heard they were NOT accepting investors for their BTC reserve. |
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Bitcoin is real enough for me to be considered "money". Money is a slippery concept though, it typically has these attributes:
1) Unit of Account (how much things are worth in the currency being used)
2) Means of Exchange (trade money for cattle)
3) Store of Value (where most currencies actually fail over a longer term).
I do not mean to quibble. BTC is real enough for me because I can buy gold with it.
But should our Asian bearing suppliers ever accept BTC as payment, whoa, then BTC really would rock for us (our small company).
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I am not in a position to judge how resilient Bitcoin is vs. a failure, but were it really to FAIL, I'm GONE. "AMFs!"
No alts, no thanks. At least not until I saw something that would be easy to use, yet offering more privacy than BTC. And I do not see that happening anytime soon (but what do I know? Not much).
BTC fails? Gold is where I would put excess FIAT$.
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Well, that's not good news. We are just back from some three weeks in India and Nepal. Those places have just about every germ in existence... And even staying at the "five star" hotels and fancy tours, you can still get sick! I did. But, it was not too bad in my case. Cipro took care of it within three days. About 60% of our tour group did come down with something or other. Re the article, it will be of great interest to see how this all develops. In many cases of severe gut disease, merely staying hydrated and taking in salt & sugar (like they give to people with cholera), may be enough in that the human body usually will get around to killing off almost anything given time. Great article, thanks for sharing. * * * minor-transgression I have found that usually almost every "change" brought on by .gov usually makes things worse... The Hopey-Changey guy running things here (USA) is Exhibit A. |
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I am a regular visitor to India (especially to Delhi, and Kerala). Although there are not many shops which accept BTC in these regions, you can easily convert your BTC to fiat cash (INR), at low premiums. In Delhi itself, there are dozens, if not hundreds of traders who trade Bitcoins for fiat cash. Use Localbitcoins to get in touch with these guys.
Yup Even I have some colleagues who is from India, So many people not aware of bitcoins. But who are all working in bitcoin they are very clever and they are doing trading also through localbitcoins.com and btcindia. Except Amazon India and Ebay India none of the Online shops are accepting as I got info from my friend. There are many competent software programmers in India. Hotmail was originated from India. One day India will be the forefront of bitcoin related business. The question is not whether any Bitcoin related business will come up from India, but how Bitcoin adoption will be in India. You may have competent programmers, but that alone cannot take Bitcoin to the masses. Indian government will not allow bitcoins for so easily to use reason is simple they can't track the transactions and and also can't collect the taxes for these transactions. This was the reason even paypal is exit the India. Paypal didn't agree to pay the taxes for transactions so Indian government didn't allow them to operate in India. It looks like in near future may not happen any things but if bitcoins gain more popularity around the world than they may consider. Ahh, roadbits raises and important point re India (same thought for Nepal as well). Capital Controls. It is very hard to get any excess rupees changed back into dollars without a receipt showing the original rupee purchase. If their .gov can't control the money, they will likely NOT be benevolent to Bitcoin. * * * n2004alI do not disagree with you re India. We were there as TOURISTS with a tour group (Americans). We did see quite a cross-section of India and her citizens just in the 18 or so days we were there (3 more in Nepal). YES, they are patient and pleasant people. Very polite. Seemed non-violent, I did not feel danger even in old towns (eg Delhi). Multi-lingual in many cases. India may have a great future (parts of New Delhi hinted at that). But things can go wrong in places like India, nothing is written in stone. |
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