The future of paper money is safe as I don't see any threat to it from bitcoins as paper money is widely used and accepted and that is not the case with bitcoins at a moment and even in future if bitcoin becomes more popular still there will be many bunch of people who will prefer to use paper money and not bitcoins.
The rapid growth of the technology is so fast that we didn't even see it coming, it's been a while when me and my friends are just communicating through text, but now I rarely see someone using text message these days. All are almost chats and Messengers. Maybe you are not seeing it now but the time will come where digital money will reign the financial world. Cards, smartphones, chips or even scanned images to buy or sell goods or to pay for bills will make it's mark before 2030. Papers are made from woods so we must preserve that, it will just fade due to degradation so must change to something long term. We must make use of our spectrum space. Digital world must provide an digital money and thinkers and users. Traditional way of payment will fade. |
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I store mine on freebitco.in. It's easier and accessible anywhere.
For me i will stored my bitcoin in cold storage(electrum) half of my collected bitcoin every week. and half of my collected bitcoin is in my online wallet which is coinbase.. Coinbase is easy to use and there's no fee for every transaction but its just my temporary wallet because there's a chance that the site will close or down.. As i read in the replies, many people are using coinbase, but I think even if the site is reputable you must always consider a hardware wallet (electrum is not really a cold storage right?). You must not wait for the site to go down and lose all you funds. Tight now, you must be carefull in your your funds before losing it all. Its a big mistake to wait for the site to go down. Always expect the unexpected specially online. You have to take security precautions Hold your coins in some wallets is the best solution but you save a small amount in breadwallet just to show people and send a small amount.
A good measurement of risk. Wallets that have a very large number of coins are prone to hackers and pshing, so the best way is to keep the address of the one that have the large amount. Being low key is safer than showing the people that you are confident in your way of storing the coins. |
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people are panicking over the drop that has been experienced over the last few hours why don't you look at it as the best time to invest more
if you are panicking too much you need to evaluate your risk management skills or you will be feeding the sharks
its the crypto world you can expect anything
Like they are saying, the crypto market are not for those who have a weak heart. Been here for almost 3 years and based on my experience (if history will repeat itself) coins will go up and if you have something to invest in BTC, give this a shot cause that might even worth 10 fold in the next coming years. The introduction of crytocurrencies are spreading in every corner of the world expect a pump in a few months. I think it will depend a lot on the news that bitcoin is going to have this week. More negative news can lead to the fall to extend and also have to think that there are a lot of new investors that can be scared to fall and sell making effect herd.
True investors will only believe in the function that blockchain can bring (unless their government will ban crytocurrencies) they won't be affected by news online because they know they're thing unless you are just a guy who just want to blend in and no proper knowledge on how the market and the blockchain works. |
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Money make money. But it will not happen if you just save and make it flat. Investment is always a good sign and it is so different when it is online. You always need to earn money cause it need us badly. However if you invest in legit site like bitcoin,trading,gold you can earn a lot from that. But you have to learn first everything about this thing where you need to invest. So learn first then come to invest. It helps to you to earn a lot. So try to make money except save on the bank.
bitcoin, trading and gold are not sites, trading is way more than a site, gold is a real world asset and BTC is a digital asset. Save some on the bank at least 10% You need to bankroll the others, you wont get anywhere if you don't diversify and you won't be able to have profit or try anything new if you will just save all. Again experience and knowledge is a must. Asking in a forum that is all about bitcoin of course people will answer, you shoukd invest, not on gold but on bitcoin. But that will solely depend on how you manage your money. If you are in constant check of prices of bitcoin and any other currency, then investing is well-suited for you. Investing does not mean putting money and then leaving it to grow, you need to be aware of all the things that has connection on to what you have invested in.
The forum is just for another ideas but the internet, libraries, books about investing are a very good choice. If we really want to invest and learn we don't cage yourself into something like this. If you are a dreamer youll take risks, you are going to learn and will do anything to get that goal. |
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I never heard of that group. I think it is just another propaganda against bitcoin. If they think they can influence people to dump their bitcoin because of their report well they will be disappointed.
There is no accurate measurement of the market that is existing today, because real time changes are what determines all of the cryptocurrencies value. But influences and media can affect the soem deciosion and some perspective and it might shake some traders sometimes. I never heard of them before but there are so many people these days that is keep popping out and say something to cryptocurrencies, i don't know are pulling the strings behind or is this a government propaganda? The only bloodbath that I'm seeing here is that the arguments of people itself in the pros and cons of the cryptocurrency world. Price correction is scary but usage correction is more scarier. |
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Tonight on programme is Bulls - Trail Blazers. Bulls might be little favorite in that match considering their winning streak at home(7), specially if Lillard won't be playing.
If Lillard won't be playing on this game that's a big advantage for the Bulls. They are not that getting favorites during this season but this has to be something another game. I'm taking a look on Trail Blazers game every time waiting for them to show and prove something that they can reach to the semi's - finals. Lillard is for sure out for today it's already confirmed on twitter( tweet). I also like the Bulls because Kriss Dunn is back and he's putting up some nice numbers. I'm taking the spread I think they could win by more than 10 even though they don't get a full day rest. Even without him they still won. If I'm a person that's not watching too often NBA games, I won't recognize any of the players from Chicago Bulls. They need to some buff with their current roster although they have a big man Lopez. They won't make it in their current roster. And I think Lopez can't carry that team alone. We have some faster and more reliable centers now. Wow, many interesting matches on the programme tonight. Can't wait to watch Celtics- Cavs match  Good game, I am pretty sure most of the bettors are putting their money on the cavaliers moneyline because they are the best team in the east but the celtics came stronger tonight, they avenge their lose at the home court of the cavaliers, still a fun game although the Celtics dominated the cavaliers in the game, we have a possible East finals to watch. It will be a East Finals game, Lebron isnt is beast mode until the Playoffs start. Also, remember that they dont have their starting PG and all star IT. And without their backup Point Guard in D Rose. Wade is starting to get the hang of it and leading that bench squad when Lebron is not on the court, but once he gets with D Rose who showed a good start of the season when he played as a starter they will be a really good offensive and defensive team. It's good to see that the three of them will carry the Cleveland team. Wade and LeBron have the chemistry so they don't have problem with the plays. For the meantime I think LeBron James is giving his all, if not then they will fall behind up to top 5. Everyone is in the beast mode when it comes to playoffs and if ever they make it in the finals, they must be ready to the raining threes ( if San Antonio can't beat the warriors in the playoffs). And LeBron will be facing Kyrie. This will be a showdown. |
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Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
If you have a multi million funds then you must give mining a shot, if your funds are just in a medium range then BTC mining is not recommended because it is not profitable now, this time is not like that back in the old days. you should consider mining ETHEREUM or Zcash. is there any cloudmining groups in south africa
I don't know and why did you bring you up these question? Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
you know what? all users here in our forum most of them are not recommend cloud mining because of their experience on it, 95% of mining site are turn to scam and the rest 5% are legit to those who have tools or hardware for mining, which mean there is no reliable cloud mining site. if i where you I will forget cloud mining so I will not regret it later.True, if you are thinking of mining online then you should stop because mining only exists in the actual production and making your own hardware, or mining rig. But why you? that means you are not sure? or is it just a typo, if you're reading this then stop in cloud mining bro (ONLINE). I guess it is better to invest in legit ICO. |
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Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?
Gold has been here for a very long time yet the ounce per gold is already fixed at 900-1200$ so I think BTC if it will reach the desired number of people who will use it and if it reach the limitations of its applications then the price will be stable. And if were thinking about that, then maybe some government, institutions and companies wont just accept a currency that has a volatile market so BTC price must be stable to be use by other services. Limited supply the best option for me. but i am not an economic specialist and i have one meaning, maybe we need unlimited suply of currency for regulation some aspects of economy
Unlike paper money BTC will not be destroyed unless you lost your seed or you lost the wallet, a currency that has a limited supply and keep on going stronger in value is much better than the one that has an unlimited supply but deflating through time. |
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Many have claimed bitcoin's adoption is fueled by the public losing faith in economists, experts, governments and corporations. As institutions people rely upon fail, they may increasingly resort to extremism and other alternatives. This could explain a rise of extremist groups and alternate lifestyles prevalent in this era.
What some deem human culture may simply reflect necessity and need. Bitcoin may not adapt nor change human culture. It could emerge as a preferred option if it solves problems relating to currency transaction, store of value and limited supply better than its competition. In that crypto's success in the world could be one of "survival of the fittest". Bitcoin survives and perhaps succeeds as it is the best suited to do so in a world where those living in poverty often have few or no options.
Bitcoin may not be perfect, but its transfer fees and taxes are still far lower than its competition. That could be a primary reason for its success and why it may be someday recognized around the world?
Losing faith because they have put a dent in the trust system, they have been given a chance to prove the worth of their system and they ending up staying in the top and abusing people. People are going to the decentralized ones. Maybe there are so many problems arising but we have the altcoins which can do better job than the infamous BTC. Will there really be a complete passing of the torch from the current system to the decentralized system? Yes but we will have a rough road doing that, as we can all see they won't just let the services (third services) be dust just because we have better alternative. The thing here is that they will adopt the block chain and at the same time find a way to be in the top again and to solo all the benefits. That's how they work and this will continue to run for the next generations. Blockchain era or not. |
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I have seen many people say that Bitcoin will end governments.
But do we really want that?
And if yes how would things like infrastructure be provided without a government? (This is just an example, you can discuss any issue you see fit for this topic)
Bitcoin, or the block chain might have the characteristics like decentralization or freedom. And people think that it is a good way to escape from the arms of the abusive government, but it really depends on the government. We have these "government" to avoid chaos but they are ending out abusing third power and stealing millions to people. If these guys are good (some are) then all of the money they are accumulating will go to the more better status of the country, the concept of government is good but the question is what type of government do you have now? And the block chain is not intended to be that way, if it has a lot of application in us then it has a more application when it comes to institution and government. Block chain is wide enough to have a potential in all of the institution and people who will use it. |
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I think gambling is so addictive because when you win at the bet you will be very happy that you have win and you are addicted to it because your goal is to win the price. And if you lose your want to regain it no matter what because you think that you can regain it and get much higher than your previous reward.
Actually there are so many factors why gambling is so addicting, that is only one of the reason, some are just born in a place where gambling is trendy and it is their culture and that person itself have seen and seeing gambling in his everyday life and he has no choice but to play because that is their way of passing time. Some are just rich enough and they are addicted because that is their hobby and some are waiting for a jackpot revenge and they are thinking that they will get back what they've lost by winning the jackpot. |
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recently i knew that i'm used to play gambling even if i won i keep gambling that makes me stressed sometimes , but i don't really care
Me too. But that was ages ago, everyday we play card and some number games. My mother got addicted in lottery back then, and she lost a lot money. But now I think she don't bet in any gambling game anymore. The main point is that one can stop his habits in gambling. It's just a matter of priority and determination. If one will let himself be succumb in gambling then he will be succumb, if one is determined enough to stop himself and get a new job then expect that you'll forget your gambling habits in just days. |
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Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf...  The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ?? I think you didn't count for the fees of the exchanger and the fee as you transfer your funds from another exchanger. And I think you didn't count for the price before selling it again to another exchanger. You should minus all the fees and you should count for the difference of price through time. Volatile markets are hard to beat and if you are not profit for at least 10% before you trade again. You might lose your capital without even realizing it. |
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In my country non of the restaurants accepting bitcoin. It is nice to see some in some of the countries restaurants are accepting bitcoin. I am expecting in near future in my country also accept bitcoin once big market players McDonald, pizza hut, Dominoze etc. if accept then other restaurants will also accept bitcoin. Expecting very eagerly to get it happed.
I have heard on the news that the Steam And the Microsoft have stop accepting BTC as a model of payment, it is because of the great difference of prices everyday, the market is very volatile so it is not efficient to make BTC as a model of payment especially in everyday routine such as eating, you'll pay for your food and you'll pay for high transaction fees. That's very inefficient both for the restaurants and the customers. |
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Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Of course there is, and it is happening now. Just research some things about countries who banned crypto currency. As for the battle of survival in the crypto world I think some of the hottest officials and businesses are recognizing the potential of crypto and of the block chain will continue to be developed, they have no choice to adopt in the technology of blockchain because they can't just disregard a high potential technology just because they it is a threat to them. Just accept the fact that technology is growing through time. |
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can this world stop in gambling?
someone who like to gamble hard to escape from the gambling trap. almost like a drug addict. Even after they went bankrupt still struggling to gamble by borrowing money for gambling. Actually what do they expect?
They are expecting that, that is the way to scape to the reality of life, so instead of working hard to earn some cash, they are doing game that can't guarantee them a return. And that thinking can lead to addiction. Expecting to something that don't have a solid foundation that all of the money that they are wasting will be paid off, instead they think that they are in a fairy tail where they will hit a very big jackpot and it will end in happily ever after. |
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According to this article: https://www.investopedia.com/articles/stocks/10/5-steps-of-a-bubble.asp, there are 5 steps going to a bubble: 1. Displacement 2. Boom 3. Euphoria 4. Proffit taking 5. Panic I think we are in step no. 2 Boom, as the global MCAP is not even in the trillions. Also, the mainstream adoption is still in its infancy (1% or so), but the idea is that we need to stay alert about the first signs of a bubble burst. In which step do you think that we are in now? What do you think that those first signs will it be? What contingency plan would you implement? Thanks When we are talking about history, then we are at the boom, we are at global adoption. But there are so many panic selling these days and so many burst and bubble, why? Because there is a little adoption and only those who have the largest coin can control the price. I think for countermeasures you should invest to some main crytocurrencies and wait for the price. Search a really long term and legit platforms like stratis and hold some coin. The only thing that I can say right now is that we are still at the adoption pace and the percentage that the coins you are holding now to go up is really high. |
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Just yesterday I come across one youtuber where he says
he just wake up and saw his 50 btc was vanish from his exodus wallet and also before that another 20 btc was vanish
he says he dont even know how this happen.
pls how can I escape this.
Like in the real world, internet can be very dangerous, without proper knowledge on how to safeguard your wallets online, you are prone from getting Rob. Online thief are trendy these days. First things first is that in online accounts and passwords, you must remain to be private, even good friends will rob you sometimes. I've been using a purchased antivirus for a year and I think I don't have any issues of phishing and virus till now. Strong passwords can help too, make a combination of alphanumeric and 20 plus characters. And of course learn more about internet protection because we know that our work relies online so we must be cautious and careful online. |
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Hello, manager I wonder why there are no updates in the stakes of the the signature campaign?
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That must be one rich person. 50BTC is a lot of money. Shut I would be pissed just by losing 0.5BTC. I wonder how many btc does that person have. I think its just crazy to risk that huge amount of money. The most I have lost is 0.007 by today's BTC price. I don't risk too much and unfortunately even the rewards are low.
Dont know if he is reach or he is a BTC whale but it is very bad to lose huge sum like that. If these people use that BTC in business or in other investments they must be billionaires and they can have a very good amount of money till you depart on this Earth. I dont know what are these guys thinking but if they are reach then better put that money into other people like for example charity, if its just a casual person who mine BTC in the early days then I felt bad for him. |
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