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I can't think of a situation where gambling would be better than investing unless you're just wanting to have fun. Gambling is not a valid way to earn money. It's more of an outlet to have a little fun with a possible reward at the end. The ones that use gambling to earn real money are the ones that usually lose the most. However, there are some investments that are so bad you might as well gamble your Bitcoin instead, like ponzi's. Invest into safe options that impose a decent balance between risk and ROI.
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OP has given me a vouch copy and it is valid as of 8/20/15. I will attempt to purchase something and will report back. So far so good.
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It's really not this easy. I like how you've suggested a financial plan, but someone who makes almost 8 bucks an hour can not afford multiple things on top of their daily bills. It's easy to make a financial plan if you make enough money to where you don't have your monthly budgets interfering with each other. For example, medical emergencies. At that type of salary, you're essentially one accident away from any financial savings for anything collapsing. Your car savings, or your house savings, can all be destroyed with the medical side of your life taking over it due to an insufficient "medical fund". Saving money is something everyone would love to do, but when you don't have a decent salary, it's next to impossible.
Sir, all things are possible 8 bucks per hour? It is enough for a normal person . And you said that all of your savings will be destroyed by pne accident? No . Do you really read this thread? That your savings must 20% of your monthly salary? And its use in 2 different ways? First the 10% is for emergencies, so you cant spent the other 10% wich must spend in your personal interest like business,investment, and etc. So how possible you can't save? If you do this strategies you can save every month. And like i said theres a choices , save or not so choose. So there are a couple things to pay attention to. One is income generation and the other is under-consumption (saving). It would make sense for effort to be put into income generation primarily, and then towards savings. If someone is making 8 bucks an hour and living in North America, then the effort needs to go into generating more income. That wage is for unskilled labour, so it would make sense to gain a skillset that pays more. Don't fall into the trap of doing unskilled labour for life. That type of job should be a steppingstone to something else. If you are going to learn a trade, get a formal education, or learn a skillset that you can apply on your own, it will allow you to get out of that trap of labour/retail type jobs. 8 bucks an hour will just cover the absolutely essential monthly expenses. It makes sense if you're young and working part-time while living at home with parents, but don't make a career out of a job like that. This was the point I was attempting to make. Relying on minimum wage is totally unreliable and almost impossible in certain areas. If you live in Los Angeles California, or NYC, you're looking at a extremely high cost of living compared to somewhere in Nebraska, for example. Therefore, saving money can only happen if you have a certain skill set to which you are compensated for above minimum wage work, also known as, a college degree. Hell, even a liberal arts degree. |
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I noticed quite a big drop. It's honestly quite disappointing as we're back to where we were from the small rise we saw about a month ago.
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Although volatile, it's decentralized, which explains the reason it can be unstable. The thing about fiat currency is the fact that it's controlled by a 3rd party entity, meaning the value can be falsified in ways (like inflation). Bitcoin inflation doesn't exist. The price is on trading volume alone, and that's value is what the users make of it. Once currency fails, you're pretty much done for and all the money that once had value is worthless paper. imo, Bitcoin won't become worthless.
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I would still care about bitcoin, 100%. I did not join this site with intentions to join a signature campaign and earn Bitcoin. My posting activity is more "active" in a way when I'm wearing a signature, but that is to honor the terms of the campaign. I refuse to enter pay-per-post campaigns and always remain active in fixed rate campaigns because I do not want to spam the forums to reach a personal quota. I feel the campaigns that give you a set amount of BTC per post instead of a fixed rate promotes spam and low quality posts because you can essentially earn as much as you want whilst shit posting the forums. I post on threads that gain my attention and interest, and not post just to get paid, but rather post and contribute in some way.
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It's the response you get from the multiple failures of currency across the world. You have the spotlight of Greece the media put on about a month ago which sparked a scare. You saw an increase of bitcoin trading volumes and price that aligned perfectly with it. People honestly saw potential in Bitcoin as a long sustainable currency that wouldn't ball to governmental regulation which would, in a way, corrupt it.
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Understandable. Thanks for the professional response and the proof you provided. I'm interested in playing some Black Ops 3 myself, but I'm reading up online that the codes haven't even been released yet for Xbox One, PC or Playstation 4. My source is GameSpot themselves. http://www.gamespot.com/articles/call-of-duty-black-ops-3-xbox-onepc-beta-dates-rev/1100-6429105/How do you have them if nobody else has them and nobody is probably online or the servers themselves might not even be up yet? This just odd to me. The BO3 beta codes are available upon preordering Black Ops 3. You can order it online on amazon and get the codes. They're very simple to obtain. I myself have tons of them. They are not worth anything above 50 cents honestly. |
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The absolute hilarious thing is the fact it comes from congresswoman.... The way they connect prostitution to global warming is the biggest stretch you could make in terms of making a comparison. One would argue first that the economy would crash before global warming would even take effect therefore the focus should not be on the environment, but the economy itself before global warming has a chance to hinder its growth. If it's true I'm turning up the thermostat in the bedroom tonight  I honestly cannot believe that anyone would so stupid enough as to actually say that let alone publish it. In my opinion, this is how far out the militant environmentalists are and the art of being a true believer or a whore for the industry behind it knows no bounds. No self respecting person would say something so outlandish. It's a fact that environmentalist will go to extreme measures to prove a point. Making these crazy comparisons makes them even less credible. |
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A person with billions of course will be on the side with banks that hold their own fiat currency instead of of a currency whose value relies on the user(s). If his whole wealth was in purely bitcoin (hypothetically), his net worth would fluctuate hour by hour. I don't expect him to be so into the currency. Take a technological billionaire like Bill Gates or Mark Cuban who made their wealth through start ups with the internet. They'd be much more into the technology into Bitcoin (therefore a supporter) and rather than looking at it from only an economical viewpoint which is what Buffet is doing, they would see it's unique technology.
Have Bill gates or Mark Cuban made any statements related to Bitcoin? Or, at least, ones that are worth reading? I think we can safely assume that most other billionaires that don't have large hands in the technology sectors don't have really informed opinions, but I could easily be wrong. I misspoke on Mark Cuban. I thought I read somewhere he supported Bitcoin, but in his Reddit AMA he doesn't believe it's the "future": https://www.reddit.com/r/Bitcoin/comments/2hk0jv/billionaire_entrepreneur_mark_cuban_bitcoin_has/As far as Bill Gates goes, he believes it's better than regular currency: http://www.entrepreneur.com/article/238103 |
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When Trump loses the election, he'll probably threaten to sue for the song "Up Like Trump" like he threatened Miller.
The problem with a majority of his supporters is they have the notion the US is in a place of hell with the current leadership and that it can't get any worse. People need to get rid of this skewed perception for the upcoming Presidential race when it comes down to voting time. They also believe he's a "truth teller". I can get where they come from, but a mere truth teller would not make a good politician. Trump is a businessman in my eyes. He doesn't make a suitable pick. There's also a small few of his supporters that just don't give a damn anymore and want to see something different. The same type of people that wanted to see Waka Flocka for president...(they make up the <1% but I'm just saying).
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A person with billions of course will be on the side with banks that hold their own fiat currency instead of of a currency whose value relies on the user(s). If his whole wealth was in purely bitcoin (hypothetically), his net worth would fluctuate hour by hour. I don't expect him to be so into the currency. Take a technological billionaire like Bill Gates or Mark Cuban who made their wealth through start ups with the internet. They'd be much more into the technology into Bitcoin (therefore a supporter) and rather than looking at it from only an economical viewpoint which is what Buffet is doing, they would see it's unique technology.
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Innovative
-Bitcoin's technology is impeccable and it's what the economic world needed.
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Would like to re-apply.
Address: 1GMwxj2K625tTxhHBSwjMo5s4si4w4179w
Posts: 843
Rank: Hero
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Gold will never lose it's value. That's the beauty of it, comparing it to something like Bitcoin. The two coincide nicely actually from an investment standpoint. To answer your question though, Bitcoin won't crash gold. Will one "outshine" the other? Probably. Too early to tell now.
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I haven't had any mistake of this caliber. I received a slight overpayment of .03 BTC in a set monthly rate signature campaign. Sent it back with no issues. Mistakes happen.
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Wrong, BTC can be hacked but FIAT cant be hacked, it can be stolen. Thats two different meaning there
Clearly fiat currency itself can not be "hacked". I am implying accounts that hold fiat currency can be hacked. To be more technical, you can't really "hack" a Bitcoin either but more so a Bitcoin wallet. Again, it was meant to be implied for both Bitcoin and fiat currencies. It is indeed but the real question would be why would you want to get your money stolen in the first place? Basically with BTC your funds are secured as long as the wallet containing it isnt connected to the network ( cold wallet ). Well, no one wants to get their funds stolen. It's something that happens unexpectedly. When comparing Bitcoin to fiat currency, I'm talking about a hot wallet in which it's not something that will contain BTC that's tucked away. It's a wallet that will be accessed daily transactions which make it more vulnerable to attacks. Not exactly the case for this unless you are robbing a bank but if you are robbed a person than you can easily spend what you have robbed so this example is literally wrong. You dont even know the serial number of your FIAT in your wallet right now let alone how would you want to put a report for a cop regarding this to stop the FIAT from being used
You're talking about tracing money from a wallet when at most a robbery of your personal wallet will put you out a couple hundred dollars (and a big headache). I'm referring to mostly hackings and online thefts (because Bitcoin is online based) to make an even comparison. If you're talking about physical robberies, it could happen with Bitcoin as well. There has been many LBC trades that went sour with the buyer robbing the seller's bitcoin right in front of them (similar to a robber stealing a regular wallet), but I'm not referring to this, as I said. I'm talking online hackings/thefts. If you have a hacked WU account, paypal account, ect. It's much more easier to see where that money has went. On the other hand, you can also see where Bitcoins have went through Blockchain analysis, but it's hard to attach an identity to an address at times. As far as a robber goes, it's very likely a robber will eventually get caught (in developed countries) which in that case you can usually track where that money went from the source who took it. At that point, you have someone responsible for it anyways so where it went is probably not as relevant. Bitcoin hackers are almost impossible to catch. Overall, Bitcoin is very secure. I'm not trying to undermine its security protocols, but it isn't immune to problems or downsides which is why I said the idea of security needs to be extended to cover both sides for it to be fair. Fiat currency also has its downs, I'm not trying to say it's perfect either. |
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I think you should extend the discussion about security. As far as buying goes, it's not as secure as people may think Bitcoin is. You don't ever have access to those funds as soon as it's sent. You have to entirely trust the seller with your funds as soon as you hit send. It's important to note that safety and security is in the hands of the seller. I would much rather pay with cash when purchasing something. When selling something, I'd much rather receive bitcoin.
As you said this is entirely different topic. Bitcoin itself is secure enough. No one will gonna hack your wallet and steal your coins. From the other hand hacking online services is quite possible both in the case of bitcoin and fiat. As far as trading goes you can be scammed by bitcoin user as much as by someone who will send you potato in a box after you pay him with dollars. There is no clear answer. Although both fiat currency and Bitcoin can be hacked like you said, it's much more easier to recover funds stolen in fiat currency. As far as Bitcoin hackings go, you pretty much can kiss it goodbye as soon as it leaves your wallet. The coins can be traced, yes, but with the numerous mixing services, you can lose track of the coins fast. Stolen fiat currency is much more harder to hide and spend without notifying law enforcement. |
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I think you should extend the discussion about security. As far as buying goes, it's not as secure as people may think Bitcoin is. You don't ever have access to those funds as soon as it's sent. You have to entirely trust the seller with your funds as soon as you hit send. It's important to note that safety and security is in the hands of the seller. I would much rather pay with cash when purchasing something. When selling something, I'd much rather receive bitcoin.
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Why wouldn't they? They're normal people, right? As far as a certain category of women, the porn industry uses Bitcoin. It protects against fees and fraud, and it's free to accept. Cam girls use it as well. There are plenty of Bitcoin stripping websites so in that instance all those girls technically use Bitcoin.
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