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Author Topic: bitcoin purpose why and for what this is the reason  (Read 156 times)
Polo7 (OP)
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September 02, 2020, 09:31:57 PM
 #1


sorry i promised not giving a free advice but i could hold back but feel free to ask my wallet and i add my wallet for you guys donation to me:)
the new money is coming  bitcoin purpose is to be digital gold?


why`?

bitcoin will back up digital currency btc purpose will be what gold purpose was when fiat currency arrived.

btc is backing up new digital currecny wich are the stable coins little we know that stable coins value is determined by BTC PRICE.

if btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.
Twinkledoe
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September 02, 2020, 09:35:49 PM
 #2

If you are just asking for donations here, I don't think someone will initiate to ask your wallet address and send something for you. We are in crisis so more than likely not everyone can afford to just give random donations. Better look for potential jobs here in the forum where you can utilize your skill or even these bounty programs, maybe you can earn something but asking for donations? I don't think you will get one.
sunsilk
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September 02, 2020, 11:40:12 PM
 #3

Is this a free advice? it's an opinion and never thought that we're entitled and lucky to hear you out. Well, to tell you honestly. I have heard about bitcoin being the digital gold or the new gold for this era years ago.

if btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.
Did you typed this fast and you meant purchase?

davis196
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September 03, 2020, 05:38:25 AM
 #4

A cryptocurrency backing up another cryptocurrency seems like a "genius" business model. Grin
A not-so-stable volatile asset like Bitcoin backing up a stablecoin?This sounds like nonsense to me.
Dude,please stop spamming the Economy forum.Around half of the new threads here are yours.
I don't see any value and any constructive discussions about the economy or cryptocurrencies in your posts.
I don't know what your agenda is.If you are so desperate to boost your post count just go to the Local forums and post there.

Lorence.xD
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September 03, 2020, 07:04:58 AM
 #5

If you are just asking for donations here, I don't think someone will initiate to ask your wallet address and send something for you. We are in crisis so more than likely not everyone can afford to just give random donations. Better look for potential jobs here in the forum where you can utilize your skill or even these bounty programs, maybe you can earn something but asking for donations? I don't think you will get one.
If everyone here is like you asking for donations because they post something and it is not even in quality then everyone here will be swimming cash and bitcoin.

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Mauser
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September 03, 2020, 07:58:33 AM
 #6


bitcoin will back up digital currency btc purpose will be what gold purpose was when fiat currency arrived.

btc is backing up new digital currecny wich are the stable coins little we know that stable coins value is determined by BTC PRICE.

if btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.

These are some very good arguments why people should invest into bitcoins. It's the biggest coin out there and for many people crypto currencies means bitcoins.

One more argument I would make is diversification. In a well manged portfolio on which you hold stocks, bonds, commodities and of course different currencies we should Kot muss put on cyrptos. We can't predict the next crisis correctly (for example who predicted corona 1 year ago?) it's just Kot realistic. Better to have a portfolio with a well spread out asset classes. So if one position goes down, another will go up.
Latviand
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September 03, 2020, 08:20:12 AM
 #7

If you are just asking for donations here, I don't think someone will initiate to ask your wallet address and send something for you. We are in crisis so more than likely not everyone can afford to just give random donations. Better look for potential jobs here in the forum where you can utilize your skill or even these bounty programs, maybe you can earn something but asking for donations? I don't think you will get one.

That's right, if you think that you have skill and you are confident about it, look for a temporary job where you can earn profits.

It is not that bad to beg for a donation if someone is willing to give but it really depends on the circumstances and a person's situation.

Not all of us do have a stable work even if we are in a crisis because jobless people are increasing right now. But going back to the purpose of bitcoin, it is really worth it to invest with because by this asset, it can secure your future. No matter how confident you are but if you're not that knowledgeable and aware why you are holding bitcoin, then you will have a hard time to determine its purpose in the market and the world.
Ucy
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September 03, 2020, 09:42:49 AM
 #8

Quote
little we know that stable coins value is determined by BTC PRICE.
If btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.


Interesting. But price of stablecoins backed by fiats would normally be determined by the fiats they are backed by, not Bitcoin. Unless the activities/purchases in Bitcoin/Crypto world is having real effect on the fiats they are based on?
 






Golftech
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September 03, 2020, 10:20:40 AM
 #9


sorry i promised not giving a free advice but i could hold back but feel free to ask my wallet and i add my wallet for you guys donation to me:)
the new money is coming  bitcoin purpose is to be digital gold?


why`?

bitcoin will back up digital currency btc purpose will be what gold purpose was when fiat currency arrived.

btc is backing up new digital currecny wich are the stable coins little we know that stable coins value is determined by BTC PRICE.

if btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.
What you will Get is Readtag for asking Donation just for This Shitpost,sorry to say but this is not how the Forum goes,we are here to Help and ask for help but not for seeking for donation just to satisfy our needs.

Better Edit Your Post before DT tagged you for this.

If you are just asking for donations here, I don't think someone will initiate to ask your wallet address and send something for you. We are in crisis so more than likely not everyone can afford to just give random donations. Better look for potential jobs here in the forum where you can utilize your skill or even these bounty programs, maybe you can earn something but asking for donations? I don't think you will get one.
Thats what i am saying and never wait for the Tag because it will be Pain for His account that starting to gain merits.
hugeblack
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September 03, 2020, 04:41:59 PM
 #10

sorry i promised not giving a free advice but i could hold back but feel free to ask my wallet and i add my wallet for you guys donation to me:)
the new money is coming  bitcoin purpose is to be digital gold?

Is this still free advice? Or because you required donations are not considered as such? Is this advice or an opinion? Or expect?

if btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.

I was hoping that things would go as simple as that, but there are rules of supply and demand, which make the quantity supplied is not a basis for determining the price unless there is stability in demand, which is something that will not happen, especially in such days when all things are acceptable.
Alert31
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September 03, 2020, 05:21:23 PM
 #11


sorry i promised not giving a free advice but i could hold back but feel free to ask my wallet and i add my wallet for you guys donation to me:)
the new money is coming  bitcoin purpose is to be digital gold?


why`?

bitcoin will back up digital currency btc purpose will be what gold purpose was when fiat currency arrived.

btc is backing up new digital currecny wich are the stable coins little we know that stable coins value is determined by BTC PRICE.

if btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.

Why your post is always the same? Asking donations and not giving your advice and predictions free.
https://bitcointalk.org/index.php?topic=5272492.0

Why not try to work hard, join a campaign or make an investment so that you can earn a decent amount and not trying people to fall in your very low class strategy.
You also need to read more about the forum rules to make you conscious about your post asking donations.

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Sanugarid
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September 03, 2020, 08:25:53 PM
 #12

sorry i promised not giving a free advice but i could hold back but feel free to ask my wallet and i add my wallet for you guys donation to me:)
the new money is coming  bitcoin purpose is to be digital gold?

Is this still free advice? Or because you required donations are not considered as such? Is this advice or an opinion? Or expect?
I wanna know if this is against the forum's rule, coz as far as I know donations isn't allow here without the upper's permission to do so.

if btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.
I was hoping that things would go as simple as that, but there are rules of supply and demand, which make the quantity supplied is not a basis for determining the price unless there is stability in demand, which is something that will not happen, especially in such days when all things are acceptable.
The stability caused by volatility is the biggest factor here, we cannot assume things because bitcoin is going well for now. We are just to focused on bitcoin becoming a digital gold when in fact its core was just a speculation, purely belief from the people that the price will go up unlike fiat that has a mandated price and regulated controls. What the OP is trying to say is fiat be getting backed up by fiat in form of bitcoin. Pointless.

Quidat
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September 03, 2020, 09:25:36 PM
 #13

I do have a hard time on understanding on what you are trying to say here but reading up on bitcoins true purpose then having some small time on reading up
its own WP would answer it all. https://bitcoin.org/bitcoin.pdf
No one said it would replace fiat and no one said it is digital gold and if as mentioned on that wp then its

Quote
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution. "



danherbias07
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September 04, 2020, 11:18:42 AM
 #14

Looks like Google Translate is giving you a difficult time.  Grin
Begging is not allowed here.
You could create your own channel in discord or telegram if you want donations.

As of your advise, I don't understand much of it but I am trying to.

if btc is up the stable coin purache power is low if btc is down the stable coin purache power is up.
Did you just took the old rule?
Bitcoin up, alt down and vice versa.

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AniviaBtc
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September 04, 2020, 12:29:07 PM
 #15

If you are just asking for donations here, I don't think someone will initiate to ask your wallet address and send something for you. We are in crisis so more than likely not everyone can afford to just give random donations. Better look for potential jobs here in the forum where you can utilize your skill or even these bounty programs, maybe you can earn something but asking for donations? I don't think you will get one.
If everyone here is like you asking for donations because they post something and it is not even in quality then everyone here will be swimming cash and bitcoin.

He just did this for the sake of money without even making an informative posts where we can gain knowledge. It is not even reliable to understand and absorb, you are just doing something to earn money. If you make a good post, and you are a trusted, and good user here, you can join a campaign instead of begging for a donation and become a good user here in this forum. Crisis like this shouldn't be taken advantage to beg for money instead you should work hard for it. Your predictions are also not that certain because I don't see any relevance in it.

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