Don007
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Activity: 1050
Merit: 1007
Live like there is no tomorrow!
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August 30, 2015, 09:36:58 PM |
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I don't really see how an increase in value should lead to inflation. How does that work?
I mean, the inflation was not higher when the Bitcoin was at its all time high was it? I mean, the prices did not rise at that moment because 'the bitcoin has a high value'.
In the end, the amount of BTC is limited.
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{Curently quite inactive as I'm really busy in my private life. I will get back soon!} -> Your line here during my inactivity? Feel free to PM <-
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ranlo
Legendary
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Activity: 1974
Merit: 1007
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August 30, 2015, 09:39:50 PM |
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I don't really see how an increase in value should lead to inflation. How does that work?
I mean, the inflation was not higher when the Bitcoin was at its all time high was it? I mean, the prices did not rise at that moment because 'the bitcoin has a high value'.
In the end, the amount of BTC is limited.
$2 million * 21 million = valuation of $41 TRILLION. That's why it would be related. The only way we're getting to a $41t valuation is if fiat crashes altogether and disappears or if it becomes so devalued that we have zillions of USD floating around.
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cinnamon_carter
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Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
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August 30, 2015, 09:42:42 PM |
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lock that btc in a wallet you control the private keys to and just hang on to it,
bitcoin is an investment
you could sell the btc you own now and buy more traditional investments, like metals ect....
might not get much, best to just sit.
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Check out my coin Photon Merge Mine 5 other Blake 256 coins - 6x your hash power https://www.blakecoin.org/The obvious choice is not always the best choice. LOOK DEEPER - Look into the Blake 256 Family -- CC
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zenitzz
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August 30, 2015, 10:20:45 PM Last edit: August 31, 2015, 12:10:02 AM by zenitzz |
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0.02 is not much, but don't invest that's coin to ponzi or cloud mining service. better if you hold them and when you get higher rank you can joined signature camp
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tommorisonwebdesign
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August 30, 2015, 10:25:34 PM |
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HODL you coins, Bitcoin is enough of an investment in itself.
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Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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--Encrypted--
Copper Member
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Activity: 924
Merit: 1007
hee-ho.
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August 30, 2015, 10:44:30 PM |
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you'll just waste your time as 0.02btc is less than $5 at the moment. even if you find an altcoin which price might double, you will only get $5.
buy/earn some more btc until you reach 0.4 then invest.
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oxiyusuf
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August 31, 2015, 03:02:44 AM |
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you'll just waste your time as 0.02btc is less than $5 at the moment. even if you find an altcoin which price might double, you will only get $5.
buy/earn some more btc until you reach 0.4 then invest.
Can you explain, where the 0.4btc should be invested? as we know, many scam sites using a ponzi system
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ranlo
Legendary
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Activity: 1974
Merit: 1007
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August 31, 2015, 03:36:40 AM |
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you'll just waste your time as 0.02btc is less than $5 at the moment. even if you find an altcoin which price might double, you will only get $5.
buy/earn some more btc until you reach 0.4 then invest.
If he can't build 0.02 BTC up to 0.4, what makes you think he'll build 0.4 up to anything meaningful? Start at the bottom.
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Kemben
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August 31, 2015, 03:55:06 AM |
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buy/earn some more btc until you reach 0.4 then invest.
Invest on ponzi no mather how much you invest .02 or .4 BTC, you will lost your coin immediately
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ranlo
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Activity: 1974
Merit: 1007
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August 31, 2015, 04:38:36 AM |
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Horrible, horrible idea. A "deflationary" currency that is backed by a negative-ROI business? No.
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mallard
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September 01, 2015, 08:44:01 AM |
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Why don't you hold onto those Bitcoins and buy some more? The price is low right now.
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uniton
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September 01, 2015, 10:55:44 AM |
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i have 0.1 bitcoin right now and i lock it on my wallet for 5 years maybe,because dunno where to invest, bitcoin its self is the best investing way just imo
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Patatas
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Providing AI/ChatGpt Services - PM!
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September 01, 2015, 10:56:09 AM |
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0.02 btc? Try your luck on gambling. Multiply it on a dice site ( link on my signature ) If you feel unlucky on dice then try investing on HYIPs. And be aware of the risk on investing. There are no guarantees on it.
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DMX
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September 01, 2015, 10:56:53 AM |
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i have 0.1 bitcoin right now and i lock it on my wallet for 5 years maybe,because dunno where to invest, bitcoin its self is the best investing way just imo
This is what I was going to suggest. I'm just going to hold any coins I get as an investment themselves.
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uniton
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September 01, 2015, 11:01:43 AM |
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i have 0.1 bitcoin right now and i lock it on my wallet for 5 years maybe,because dunno where to invest, bitcoin its self is the best investing way just imo
This is what I was going to suggest. I'm just going to hold any coins I get as an investment themselves. Yup agreed,just hold them and watch out the price,thats gonna be worth more than invested our bitcoin on ponzi site
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--Encrypted--
Copper Member
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Activity: 924
Merit: 1007
hee-ho.
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September 01, 2015, 11:13:29 AM |
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you'll just waste your time as 0.02btc is less than $5 at the moment. even if you find an altcoin which price might double, you will only get $5.
buy/earn some more btc until you reach 0.4 then invest.
If he can't build 0.02 BTC up to 0.4, what makes you think he'll build 0.4 up to anything meaningful? Start at the bottom. I don't understand what are you implying. I simply said that OP can get 0.4 (or maybe 0.2. high enough to be called "investment") by buying or earning thru selling service/signature campaign faster than by investing on a dice site bankroll or trading.
also I don't know why people assumed that I was talking about ponzis. I wouldn't describe ponzis as waste of time because a ponzi are very high-risk and fast. and obviously I wouldn't recommend anyone to use them.
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Sapholard
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Merit: 10
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September 01, 2015, 12:36:50 PM |
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Don't try to put them in Ponzis..try your luck with faucets or join a sig camp
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Nasus
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September 01, 2015, 07:31:11 PM |
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lock that btc in a wallet you control the private keys to and just hang on to it,
bitcoin is an investment
you could sell the btc you own now and buy more traditional investments, like metals ect....
might not get much, best to just sit.
I recommend all this persons saying.. but just know when he says to "sit". It can also take 1 or 5 years or more to see where this value will go. So the disclaimer is, you might have to forget about bitcoin during the 5 years and come back to it. Or be crazy about prices everyday for the next 5.
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malphite
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September 01, 2015, 11:20:06 PM |
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Don't try to put them in Ponzis..try your luck with faucets or join a sig camp
put btc in faucets? i thought the purpose of faucets was to earn free btc lol. if youre putting btc in faucets that only means its for gambling like freebitco.in which I dont recommend.
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