Latest posts of: Osarman

Hi im still a newbie but one of my friend says trading and investing are so risky so dont try if you dont have a lot of experience about that . he said to me that im going to earn more bitcoin then soon he will teach me to know all about trading and investing

your friend is right, if you have no experience, trading is very high risk. all activities with money always had a high risk. Therefore we have to play with a small amount for seeking experience so that we can minimize the risk.

Trade in my opinion if we already know or understand a coin. Not too risky. Which is very risky is an investment. Because ibaratnya us if the trading will get coin or goods. Different from investment

I don’t think so anything is risky whether it is trading or investing. Nothing is totally risk free, if we have sound knowledge of a respective coin, we can do successful trading and investing with it. You just need to be careful and keep an eye on your coin to invest into it when the prices are low and trade when the prices are high.

Quote from: JimmieA on August 15, 2017, 08:26:24 AM

Quote from: Misshi on August 15, 2017, 04:13:22 AM

Being the first digital currency to really establish deep and firmly in the market. Do you think in the near future Bitcoin will dominate our current currency?

There were a lot of people asking questions like yours and the answer for them was: no. No matter how btc future growth and development can not replace cash. Crypto systems are just digital coin, which is based on the web and transactional systems, and can not replace the role of cash in life services. The implementation of a btc transaction today can be said to be very fast but the fee per transaction is quite high, which is difficult to accept when btc is widely used daily as cash.

I heard you now I would like you to take a deeper look. First, the transaction fees are high but in small ones. Bitcoin was created for large transactions only and fees are not high in this case. Nobody knew that it will have this much users who want it for daily life payments. Once, the fees are reduced and cheap then it is also possible that it will dominate cash one day.

Quote from: ApocalypseNow on August 15, 2017, 07:45:22 AM

Agreed with you that we are one of the new wealthy community. People who are holding the bitcoins will definitely became the wealthiest in the long run. Let's hold longer for the $10,000 target value.

It seems to me this guy has a deep reliable insight. I am on the same page as you are in this matter. Bitcoins will introduce the new generation of millionaire to the world. Let's just wait and watch that how this beauty is going to grab the medal from everyone. And I am also interested in when will it touch 10k dollars. I think before 2019.

Quote from: Rizky Aditya on August 15, 2017, 04:18:16 AM

Quote from: Webetcoins on August 14, 2017, 07:38:31 AM

Quote from: squatter on August 13, 2017, 03:46:34 AM

Quote from: anon4250158 on August 12, 2017, 08:53:46 AM

The volatility of bitcoin is off the charts. Dumping your retirement accounts into bitcoin would be like taking it to the casino and playing poker.

I certainly wouldn't dump my retirement accounts into bitcoin, per se, but I would love to diversify 10-20% into it. Unfortunately, I don't have that option where my accounts are currently held (through my employer). Just regular mutual funds, bonds, commodity funds, etc. I guess when I leave this job, I'll roll my retirement accounts into something that has access to GBTC. Or maybe we'll have an ETF by then.

That's smart. Spending some of the amount in bitcoins is better than spending all of it if you are an aged person expecting a little life left. But if you are young and have some handsome savings then investing 70% to 80% will give more rewards in future. Whatever your plans are, I wish they will make your remaining life easy.

I might as well go as far as investing half or three-quarter of mine into Bitcoin, but that depends on the market conditions/how the price is going (as in going up or down). For now, the market is quite okay, so there is no risk involved if you do so. So I will say is a good opportunity, and don’t miss grabbing this great opportunity.

For the present, the market condition is at its peak. Bitcoin is worth 4xxx dollars already. The demand is also increasing rapidly and the speed at which its value is increasing; it will be 7k dollars before New Year. I also suggest him the same. Investing in BTC now can prove to be more profitable than ever.

Quote from: CryptoBry on August 16, 2017, 06:05:11 AM

Quote from: crocozino on August 13, 2017, 11:10:58 PM

i remember back time that i just deposit and didn't give a fuck about the money there and just forget it. it was pennies and i didn't even gamble with it. now i just log in to few sites and find out that i have hundreds of dollars i wasn't aware of!
it great. i withdraw it all

It is always amazing to find out some funds when we assumed we don't already have. It creates some surprise and excitement on us especially when we realized that the value has already risen considerably. Maybe I should also left some cents in a certain site and just forget about it...maybe 2 years from now open it to my great surprise. I am happy for you and yes accept my big congratulations.

Lucky! Like a pleasant surprise out of nowhere! He withdrew all of them which show that he didn’t give a thought to his actions. I do not know exactly how he plans to spend all this money but I suggest him investing in BTC. This way he will have more good surprises and earn huge profits.

Quote from: 0day on August 17, 2017, 03:11:40 PM

payment sent to qualified participants https://blockchain.info/tx/dbb4d5a971ffd77077987d4af5773a2b1902d409a6e595b741580e40f566232e

I confirm payment received. Thanks you very much RasputinOnline and 0day !

Quote from: Jordan_Hodge on August 08, 2017, 03:00:24 PM

Really old news, so old we now have Craig Wright claiming to SN!

I don’t really know what’s wrong with these guys. Why are they so interested in finding out who is “Satoshi Nakamoto”? It’s only a worthless fool that has nothing doing in his life, would have time to be playing such rubbish game in the internet. People should stop sticking their stinky head into others business, and mind theirs for God’s sake!

Quote from: bluefirecorp on August 15, 2017, 04:56:58 PM

Quote from: hovrah on August 10, 2017, 07:50:29 PM

Quote from: nethan1btc on August 10, 2017, 07:43:37 PM

Quote from: freeyourmind on August 10, 2017, 07:20:40 PM

Quote from: ahmia39 on August 10, 2017, 07:02:48 PM

True, bitcoin made for all levels society without restrictions of country's rules. Just, always need internet for every activity related to bitcoin. Whereas in this world there are still people or countries are poor internet, and this's one of causes bitcoin become less evenly spread.

Other than fiat being skewed towards special interests like banks, any currency is "for everyone". They all need to be earned or acquired somehow. But for people that are without an internet connection, Bitcoin isn't accessible to them, where fiat is.

That is a biggest problem if we talk about bitcoin for all levels of society nowadays, people without any internet connection were very hesitant to adopt this kind of system.

Bitcoin playing crypto currency is a currency for a certain circle of people who deal with crypto currency. But what is being discussed, there was such a simple person will use Bitcoin, I think it's Misha's delirium. Even the mini-footwear problem, it's definitely the lack of certain knowledge about the population. Although there are much bigger problems.

My response to whatever is said here is that the OP is accurate!
Bitcoin is decentralized, and is therefore meant for everyone, exception of nobody. Anyone, including both the rich and the poor can equally make use of Bitcoin. Because only with the time of various holding period, we can achieve what we need with it.

Yep! Bitcoins have been created for everyone without any distinction. Anyone belonging to any level of the society can invest into bitcoins and enjoy the profit. You can change your financial status with bitcoins. If you are poor, you can become rich and if you are rich you will become richer.

Quote from: Mkmanik on August 14, 2017, 12:50:16 PM

Quote from: BitcoinBarrel on August 14, 2017, 12:23:38 PM

They rise because of Limited Supply + Increased Demand.

Agreed with you.It's the main reason for increasing the crypto price.also when any coin has real life uses this time the coin price increase like a sky rocket.like Bitcoin and the ethereum.both coin has real life use so why the demand and the price of both coin increasing so high.

The number of bitcoins remaining to be mined is not a big one. It is somewhere around 4 million, correct me if I am wrong. Bitcoins are not in excess while the number of its users is growing gradually. These two factors are causing the value of bitcoins to increase. Many people use them in performing daily purchases now also.

Quote from: dreamer81 on August 14, 2017, 12:58:19 PM

i totally agree. Only concern is if someone (read governments) make an attack on the bitcoin network.
Could the chinese government buy so much hashpower, that they could destroy the network, and just call all it an investment to ruin bitcoin?

I do not think so that Chinese government will go this far in order to demolish the network. Moreover, Bitcoins have been legalized only in three countries of Asia which includes China, Philippines and Japan. Think a little positive. May be they turn the tables around and support bitcoins instead of invading it.

Quote from: mrayazgul on August 14, 2017, 12:35:37 PM

Quote from: nappoleon on August 11, 2017, 11:45:02 AM

Meanwhile, bitcoin just got integrated with Uber for tipping drivers. Isn't that a good news?

https://twitter.com/Melt_Dem/status/895466611477544960

I think bitcoin usage in paying for fares and tips for Uber drive is a good option for the travelers but unfortunately it can only happen in few developed countries and lots of under-developed countries cant still use Bitcoin not for the reason of ignorance of bitcoin by people by the technology and other things.

The good news is bitcoin is making its way into different sects. Uber is one of the renowned companies that provide travelling facility. If it has accepted bitcoins, even if it is only in developed countries, still a huge step in making bitcoins famous among common people. This will attract interest of many now.

Quote from: Sled on August 13, 2017, 01:22:21 PM

Quote from: voltesbit777 on August 13, 2017, 09:51:26 AM

Quote from: donbu7 on June 01, 2017, 09:25:08 PM

I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.

This is the analisis I made:

On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd

On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd

On February 1st 2017 you will need 992 BTC to have 1 :)million USD, now that is worth: 2,380,800 usd

Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD

That is amazing.

I wonder what are the new rich people doing right know? have they realised that they are rich yet.

Wow! I wonder How do they get it? is it from trading they got? Or what? the amount of bitcoin they have was not a joke, its equivalent of millions in my country's currency. I wish someday I could have at least 100BTC.

You can earn that amount of bitcoin that you wish for if you will work hard in trading because trading is one of the best source of bitcoin and also to grow your bitcoin but it will take a lot of time before you able to make 100 bitcoins because trading will not become easy especially for those newbies who want to try it.

I agree with you in this regard that we can only increase our bitcoins by trading.
Trading is the only solution for increasing your coins and enjoying profit from them. Holding onto coins does produce profit but that demands too much of patience.

Quote from: FUKT on August 14, 2017, 06:23:45 PM

Quote from: Babylon on August 14, 2017, 06:11:45 PM

I think for 5 years bitcoin has proven a lot, it went down a little and grew up more. So, if I were to invest everything that I have between bitcoin and gold, I would invest in bitcoin. Bitcoin's price is surging and may keep on going till the end of the year, the demand is too high and a lot of people are holding in to their bitcoin. Unlike bitcoin, gold's price is a little stagnant and grows up or goes down only a little as year go by.

Yes, but one of the parts of the equation was to keep it untouched for 10 years. Would you be willing to risk putting all you have in BTC, without touching it for 10 years no matter what?

Indeed, in the current year, bitcoins are doing much better than gold. Bitcoins have created a new history in the crypto market. No other coin has reached this value ever before. I believe that bitcoins will further rise till the end of this year. On the whole, choosing bitcoins over gold is the need of time.

Quote from: CryptoBry on August 07, 2017, 12:36:02 PM

Okay, I know that the headline of this post seems to be too much but I am sure it has generated some eyeballs. Now, this is just another hypothetical situation: What if your government will decide one day that the use of and holding Bitcoin is illegal and anybody found to be contradicting this position can be thrown to jail with at least 5 years as the sentence without the possibility of using any internet-connected gadget?

I am assuming that the government would be using the latest technology and techniques for surveillance and detection against people who are fond of Bitcoin.

Would you still be involved with Bitcoin or just be a sheep and follow along so you can't be a victim of the government overreach?

Assuming the government of my country start up with such….wait…have you heard of underground? Good. Everybody will just go underground, lol. Oh…you even added they will have a tech to track my activities. Okay, I will simply change my VPN address and they will hardly find out. Lol.

Quote from: datodota002 on August 12, 2017, 02:49:27 AM

In my country we dont have bitcoin ATM, i wonder how it's work??

Neither is it in my country, but I can still use a Bitcoin Debit Card here in my country.
I don’t really think there is any difference between the Bitcoin ATM and the regular Bank ATM, as far as you can use the same debit card.

Quote from: Rahar02 on August 12, 2017, 01:30:29 PM

Quote from: trogutithi on July 20, 2017, 08:55:16 PM

i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

Bitcoin price fluctuations affected by supply and demand (buy and sell) in every exchanges, just simply like that.
Bitcoin may need more than 30 years to become more stable, when bitcoin has spread widely and there's no one which hold bitcoin in huge amount (100k - 1 Mil) as he can sell and affect bitcoin price. At least when bitcoin reach higher price, people will think twice before sell their precious bitcoin and prefer to spend it to purchase goods.

I don’t think so stability of bitcoins is required. Bitcoins are doing fine with the fluctuations.
Fluctuations make it appear different from other conventional currencies. Lol 30 years are too much. One decade is enough for bitcoins to achieve stability but I don’t want it to be stable.

Quote from: joseafonso123az on August 12, 2017, 04:38:50 PM

That's true, bitcoin looks like an asset or share that we have and it keeps increasing it's value when everything is going great, and if there is some problem the price just decreases. We can compare it to a company who is developing quite well now

Yes, it is a great as an investment than as a currency. The large number of investors is treating bitcoins as mainstream investment. Bitcoins increasing value is making them the apple of investors’ eyes. I personally feel that it is not really risky investing into bitcoins and imagining about the luxurious future.

Quote from: marcbitcoins on August 11, 2017, 05:55:52 AM

Quote from: luluvic on July 31, 2017, 03:44:15 PM

I want to make money, so I asked my friend and he introduce Bitcoin to me. And this is first time I have heard about Bitcoin.

I was looking for an other income to support my family then my co worker introduce bitcoin to me. At first i ignore him because sounds strange to me but when i observe him so relaxed while supporting his family needs later i was convinced that why now i join bitcoin and learing how to earn too. I'm very thankfull to him for this chance.

I am happy for you and all those who have invested in bitcoins. I wish them a bright future and a luxurious life. Bitcoins is the best way of earning for those who want to support their family. And as far as I am concerned, a person like me who is always clicking here and there on internet and trying to know the unknown, internet surely gives the reward. This is how bitcoins came into my life. : p

Quote from: Cazkys on August 11, 2017, 05:07:09 AM

Well, ain’t that nice a dream. A bit idealistic but I really do hope for a tax free future. But as a part of the human race, I can testify that we are terrible and petty bastards. Do you think all people will be on this tax-free ride without giving a fight (ahem, politicians)? Do you think that voluntarily paying tax so that only legit and useful projects will be done and built will work? I guess it will as long as all people will agree to be mature and prioritize things without getting petty and ironic about. But I really do hope for this.

In this matter, I also like to be a little over positive. I also want to have a tax free future and if not that then at least very low taxation. But our governments and all the rulers of the world will get united against this idea and there is no way they will let taxation die out. I just hope crypto currencies will either low the taxation or being very ideal, will eradicate it.

Quote from: bamboylee on August 12, 2017, 09:11:32 AM

You have 100$ now, so you buy bitcoin and hold. Next month you have 50$, you buy bitcoin and hold. Continue buying bitcoin with your extra money every month. The buy phase is not yet over, the price of bitcoin can still go very very high. Sma amounts accumulate and before you know it, you are rich.

I will recommend you the same. Bitcoins are the best investment and soon will be made legal. They are increasing in value day by day. Many people are ready to grab bitcoins no matter what it costs them because they know; bitcoins will make them billionaire in the future.