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If you mean like a Bitcoin credit card, there are lots of services like Bitpay which are pretty credible and let you exchange between Bitcoin and fiat with reasonable fees. Wirex/e-coin is another big one but it looks like they're starting to have trouble.
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Well for one thing if the price was going significantly down then they might want to sell to several different buyers all the way down to that price. They could also be starting a downtrend to push the price down so that they can buy later.
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I think fiat will still be used for everyday transactions. Bitcoin has a specific market of computer nerds - that's why services like Steam are starting to accept it. The option of Bitcoin may exist on online shops like Amazon, though.
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I wish this were not so, since with such a high market capitalization this could hurt a lot of people, but reading more about the project, especially with regard to scaling issues, I have some serious doubts.
And now, the bubble is slowly starting to pop. It's a pretty weird bubble though, since it's a lot larger than most bubbles can get. |
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ltc has something almost all other alts don't which is some actual integrity.
they dropped the ball for a while and let it stagnate but the appetite is there for a non piece of shit coin to go places.
the segwit thing is gonna be bigger than people expect and it even looks like it might happen.
it'll be good for bitcoin too.
True, it's nice to see Litecoin getting somewhere. Annoying when coins like DASH get to a high as Litecoin has ever been just from a little pump of a shitcoin that thinks it's better than Bitcoin. |
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One thing i want to mention is stay away from coins that pumped like crazy like DASH, ETH, MONERO
That's right deicision, too late to get on that coins, because the trend just fully with pump and dump. And it's very risky to follow that coins. Agree with Dash, don't know about any of the others. It's always amusing to me to see what shitcoins people are investing in, as if there was any logic behind the choices. I haven't even heard of most of what OP owns...good luck with your quest for profit. LOL Dash is a complete shitcoin, it's just been pumped (and is now partway through a dump) because it was never any good in reality. Some of the coins OP lists are very legitimate, and it's great that he's actually finding good coins instead of jumping on the train of whatever the biggest pump is. |
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The volatility is not entirely a bad thing. If your aim is to trade, it can be good if you're very good at chart analysis especially since a lot of people investing in Bitcoin are unfamiliar with most other trading.
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Investing is always better,to be successful in trading requires a lot of experience and a different mindset.
After being a successful investor, the knowledge can be used to learn trading and over a period will have the possibility to be successful there too.
trading requires knowledge, experience, skills and others to profit. you need a lot of things to be able to in the trade. That's why if you're lucky on that trading will greatly affect your wealth For me trading is the better, because even if trading is not easy to learn you can learn if gets some tils to expert trader , strategies , research to follow updates and anything for sure you will earn if you have that. Investing is okay but according to investment if hyip , ponzi are not good investment because after after launch of that investment site the owner run . Invwstment in ICO is good because after the ICO your money become double and you cen get some rewards. Trading can be good but is still very risky. Usually it's quite obvious when something is a Ponzi scheme so that's kind of different - I would generally argue that trading is best if you have a small amount of money, while investments are best if you have a larger amount of money as they can earn you returns of well over 10% per year if you're good at it and they'll be less risky as a whole as its easy to diversify. |
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It is no news that banks are evil. They prey on innocent people and take advantage of their deposited money. They have the freedom to use it anywhere and charges depositors for maintenance fee and even eats the balance when it does not meet the minimum requirement. And when it is time to get our money, we have to undergo several verification procedure before we can get our own money.
That's the problem though. Once you give your money to the bank, it's not your money anymore. It's the bank's money and because everyone holds money in the bank people have started leading themselves to believe that it's acceptable for banks to hold everyone's money, when in fact you are at their mercy. |
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They raised those funds really quick which is quite amazing but i will never use them again and i think many have already lost trust in their security measures. There is no point in having any bitcoin stored in their platform which is vulnerable and may get hacked again.
Every platform is potentially vulnerable to get hacked and no exchange is safe. The important thing is to keep all the Bitcoin that you're not using at that exact time well away from the exchange. |
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I was looking to get an account with Perfect Money I'd have an irreversible payment method, so I might check out Solid Trust Pay. Thanks for the info.
I am using perfect money for last 3 years without any problem and talking about solid trust pay they are pretty new than perfectmoney. You better get verified in perfect money to save a lot in fees however if you like to protect your privacy than you can use them without getting verified. Be careful on using them, read what had happened to liberty reserve few years back. PM is also similar to liberty reserve. Bitcoin is far better than any other centralized payment services to store your cash. Even if it's been going for a long time it might be unstable. Perfect Money is used in basically all Ponzi schemes, in fact that's pretty much its main use (all Ponzi schemes take Perfect Money), so it's pretty dodgy regardless of whether it's reversible. |
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Sophisticated scam but still a scam. Just because they use the same name as the legit website here minergate.com doesn't mean they are legit at all. I wonder why people still ask about cloud mining websites which offer free gigahash to lure people in at first. It is an absolute scam. Just keep this in mind next time you want to see if a cloud mining website is real or not Their bitcoin mining address, videos of them showing a tour of their hardware, place where this hardware is put at. If any of these 3 is not met then it is a big red flag the website is a scam. Thanks. That's what I thought, wanted to hear if it looks suspicious for other people too. Their long time of activity confused me. Nowadays cloud mining companies are fully transparent with their hardware etc or shady, hiding it's incopentence as it's in this case. Unfortunately cloud mining Ponzis can go on for a really long time and still be scams - for example there was HashOcean, which paid over 1% a day and still managed to pay for a year and a half before disappearing. If this one has lasted for that long, it might be a selective scam - meaning that it scams you if you put in a large amount of money, but in small amounts it pays to make you put in more later. These scams are very clever and might even pay some reviewers and commenters to throw you off. |
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You could have at least gone to Investor-based Games to post your Ponzi scheme.
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Bitcoin have the same problems as the all rest of the capitalistic world. Capitalism is slowly sinking into the feudalism from which it had came. Thats not a good thing at all. The rich hoarders aka whales won't extinct by themselfs . There is no incentive in the system not to monopolize all the wealth by a few. To the contrary if you are a rich the prospect of getting richer is very optimistic I strongly disagree with such attitude Gaining more and more wealth makes sense only up to a certain point. After reaching that point, people just start doing what they like most. So there is a limiting factor which prevents grabbing all wealth in just a few hands, and in most cases it is a self-limiting one, i.e. people stop looking for more profits not because there are no more opportunities around but simply because they lose interest. There are many other interesting things to do in life apart from earning money. Indeed, I don't take into account such madmen like Warren Buffett and his breed who is married to money, but he is old and decrepit anyway, beyond the point of no return (if there is such or will be in the future) In reality, that doesn't happen. I would like to think that that's what I would do if I was wealthier, but honestly I have no idea, and the reality is that there are extremely rich people around. |
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If you've bought 1000BTC 2 years ago when price was $300 you'd paid $300,000 and now you could've had more than $1M.
Could you profit that much with gold?
Could you profit that much just holding dollar?
Do you really think an industry with at least $1B invested in mining farms would crash that easy?
As long as miners exist and difficulty keeps on rising bitcoin's price will never crash.
Miners will not intentionally do something like split the network which will greatly damage their own business.
2 years from now when price is well above $2500 you will look back and if not a holder you'll regret why you didn't convert your wealth into bitcoin.
That's just not true, the price has rose with a low market cap, rises will not be the same when Bitcoin is actually stable enough to hold significant amounts of funds in. |
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is the right time to invest in cryptocurrency?
Well some people must think so. It's only a good choice in some circumstances. If you have a stable income and some decent savings (and you're not just desperate) then it's great to invest in Bitcoin or a stable alt (but a lot of cryptocurrencies, including even Ethereum, are not counted here as their pumps are coming to an end). |
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Going vegan should be a freely made health decision, It should not be a burden, Most of them impose lots of stress on themselves by going vegan, and then they try to impose it on others as well which is very annoying.
And you think that people on this thread aren't imposing meat eating on vegans? They're talking about meat eating repeatedly and arguing that they have a right to it, which means nothing (if the only argument you have is that you legally can do it, you've failed). People also seem to think that vegans mention it too much, but generally it's meat eaters that mention it, and insult vegans for literally just not eating something. Regardless, it should be a lot easier to accept someone not doing something potentially bad than doing it. Someone murders someone else: "hey! Stop that!" "I respect your beliefs, why can't you respect mine?" "Oshit you got me" |
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I think the main reason anyone puts Bitcoin into gambling sites rather than fiat is so that they don't have to give their personal information. If casinos did this to people when they didn't suspect any fraudulent activity from a specific user, no one would use the sites and thus verification would be pointless anyway.
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So BU is the answer? where only a big mining farm owning almost half the hash power wants to increase the block size as long as there are transactions in the mempool, but would they just and only change the blocksize without changing anything else?
If you're talking about Antpool, it's more like 15% than 50%. Not even close. Giant pools supporting BU do show what BU would actually do though. |
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We have done this so many times. It just starts infighting over and over CANT WE ALL JUST GET ALONG!
No. Argument is needed, we might never reach a consensus but it'll still be good that we understand reasonable arguments from the opposing side. It's good that this isn't just an echo chamber. |
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