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I absolutely agree with you, Bitcoin has a big future, but no one knows if the govs and banks accept it and the price becomes more and more unpredictable. It is still worse a risk, but also, just not to lose the game, it would better to invest in stocks, or real estate.
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In the banking system, the central figure has a huge influence on our money. Our 1 dollar bill can be useless if they want it to. But in decentralization, the price is influenced by the demand and supply. If it crashes, there's nobody to blame but us, the holders. So people can be greedy, yes, but atleast the whales will be mindful about their greed.
Right, but decentralization has its cons too. For instance, some rich people bought a lot of BTC and can simply manipulate the price, they can even combine together to achieve whatever price they want and then it becomes not so decentralized and the old story begins. But, it might be even worse, because, unlike the govs, who at least try to treat people nicely and make a good showing, those people with BTC won't give a shit. And we can feel it happening right now. So greediness must be crushed. |
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I agree that decentralization is important in order to achieve independence, but there is one catch. People are different and mostly people are greedy, truly, they don't want to be equal. People say that equality is important, when they're not superior and feel oppression. When everyone becomes equal, but there's no control of it - such a situation generates greediness, emulation and, eventually, chaos. Only when people learn to be peaceful genuine decentralization may be achieved.
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I'm going to put a few hundred each for these coins. What you think?
Xvg
Rdd
Zcl
Pivx
Lisk
Dgb
Strat
Vert
Waves
I don't like strat coin that much but should I invest? These coins are looking good for me.
Where is Ripple? It must appear on your list! With its fast tx speed and low fees it can become second to Bitcoin, and its Market Cap is third after BTC and ETH. Stratis is very volatile and its price keep dropping, I wouldn't recommend to invest in it. |
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I can agree with you that saving is important, but sometimes it's not worth it. Life is all about moments and you should treat yourself sometimes. You can be saving up money for years, storing them in banks, or cryptos and miss out on small pleasures and one day it might turn out that all your money was stolen, or became worthless money, you would regret the way you lived. The best way is to work hard to have such an income, that you wouldn't have to save anything.
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I found it kinda hard to pay with BTC few times. Because the volatility so high, many times I 'm feeling FOMO and I actually use fiat instead.
Does it happend to anyone else here?
I don't find it hard to pay with BTC because of volatility, whereas now you can easily pay priority transaction fees and thus volatility won't affect your payment. But I've faced another problem - there isn't that much you can buy with cryptos on reliable websites. If Amazon launches its cryptocurrency exchange - that must become very popular. |
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Buying real estate may be more reliable, than volatile cryptos, just beware of scams and get to know the property you're about to purchase very well. Don't spend all of your BTC, because it still has a very big chances to become world's №1 currency. If you want to invest a small amount of money in real estate - the easiest way to it is through REITs, just make sure that your team are professionals, but if you have an opportunity to purchase an estate on your own - I would suggest to do so.
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This one i guess is quite simple to the most of you. Recently i am kinda feeling that the smart thing to do would be stop growing my portofolio and start to look bitcoin as the only crypto investment for me. Just want to now your opinions on this because besides forums i cant really discuss this matter, let me know.
That's a reliable method. As for me, all depends on the time you are ready to spend on your investment. If we're talking about long-term investment Bitoccoin, Litecoin and Ethereum are the top ones. If the investment is short, more like trading - you can carry out quick buying and selling with nearly every coin. |
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Even in this article it is said that no official statements had been made. I think those banning had been done against scamming and other suspicious activities. |
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This is a good time that showed how the king bitcoin affected all altcoins, so BCash people betraying bitcoin must have taken their lesson: Promote your altcoin, do not badmouth bitcoin, that is what I say. If BTC goes down, your crappy altcoin will go down harder. It is us coiners against the nocoiners and there is no point in fighting for short-term gain.
Bitcoin is like the earth, and the altcoins are like the seeds. If you salt the earth, your seeds will not grow. Bitcoin is the king and everyone has to buy bitcoin to be able to purchase altcoins.
Certainly, we should invest and support Bitcoin in the first place, that will be profitable for most people, but we have to admit, that there are coins, that aren't much worse. Take Litecoin, for instance, it hasn't dropped yet, when BTC has. |
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Many people say that you should work hard if you want to succeed in life and rise to riches. I'd rather say that working hard will only make your boss richer, not yourself. On the other hand, there is an age-old adage which says that you should be working smarter, not harder. But working smarter is a vague idea, and I'm interested to hear what people have to say on this topic. As far as I'm concerned, I think that working smart comes down to creating environment where you will have more chances to meet Lady Luck smiling at you, where you will be able to hit a lucky strike because luck plays an ever-important role in our lives. For example, if you want to find a date to have a romantic relationship with or you are looking for a one-night stand only, you will go to a beach or a bar since your chances are higher there, right? The same approach seems to be applicable to work as well. In other words, stick around the places where your chances of success are the highest.
So share your opinions here, guys. What is your practical take on working smart?
For me "working smart" has two meanings. First one is that "smart" refers to those kind of work, that require you intellect, rather than physical exercises. Intellectual work isn't that difficult, comparing to physical, but it must be appreciated more. And the second meaning, "smart" may also refer to the way you do your work, not the nature of work: you need to find useful contacts, you need to know how to plan your time, you have to be orderly and know how to present yourself. |
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Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
Banks are still very important institutions in any country, they make serious contributions to the development of the economy by promoting business. Banks also endow to the development of savings plans and are instruments of the government's monetary strategy. In modern society people are used to bank deposits and loans, cryptocurrencies today can't provide such functions, but they may be able in future. |
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Like every parents want to leave something for children for their future.
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
Even though I'm fond of Bitcoin and cryptos and I think it's a great investment, but it might be risky, they're volatile and may be banned, the money can be also stolen. The safest long-term investment for me is real estate. The stocks aren't that safe, as they can be deteriorated in value. |
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What is your experience in working for Bitcoin? Are you a freelancer earning BTC or do you work in a company that supports paying out wages in BTC?
what are the best places to earn Bitcoin as a professional? I'm interested because I would like to know if people at different places start work for Bitcoin more or more or still mainly choose fiat currencies? how is the situation in your country?
i'm interested in all perspectives
thanks
In my country you cannot be paid in BTC officially and use BTC as a payment, as well. However, with some people, that are familiar with the matter and have interest you can make a bargain, buy something, or exchange in a range of 2-3 Bitcoins. |
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Opinions?
There's a total of 16.9 millions of Bitcoins in Market Cap. 400$ millions worth of BTC, which was between 7-9k USD in February, that's ~50k Bitcoins, which is only ~0,29% of all Market Cap, how could it cause 75% crash? |
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Guys what do you think about Homeless people who use cryptocurrency on the street is that an evolution or something else ?
Looks like it's fake, or viral advertising, how would a homeless person be able to cash his BTC, if he ever had any kind of device to do that - he would have sold it in the first place. |
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Yesterday, bitcoin, which is the most popular and valuable coin has dropped 6.15% so as a result of this, bitcoin is now $10,256. Earlier, in a one hour trading, bitcoin's value become $9,481.45. What's happening? What was the issue of binance because they're saying that they'll investigate because users are having issues with their funds?
Bitcoin has undergone a sell out due to SEC statement, which is small wonder, considering that lots of large trading platforms aren't registered as exchanges with the SEC. https://www.sec.gov/news/public-statement/enforcement-tm-statement-potentially-unlawful-online-platforms-trading |
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https://coinidol.com/george-soros-criticizes-bitcoin/Soros bought a big share of Overstock which recently announced will change radically to become crypto-friendly. Also, Shares of Overstock went up over 200 percent in the last year after the company had announced plans to accept virtual coins in September.
not bad, huh? Maybe he understood that every business that has to do with crypto is likely to make profit in the future , like Overstock did already. IMO crypto is the future, and doesn't seem a bubble at all It can't ever become a bubble, as there's limited amount of Bitcoin and it has a difficult mining system, it's not that easy, as printing papers like in Ponzi scheme. Also, the price doesn't come out of nowhere, it is regulated strictly by demand. |
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While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?
I doubt this will happen in the nearest future, govs and banks are generally against cryptos, because when all people will realize how much they can benefit from using them, no one will need banks anymore, only if they accept cryptos, but they won't, because that wouldn't be profitable, they wouldn't be able to regulate money flow, as they used to. |
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