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Author Topic: The truth about bitcoin  (Read 3930 times)
akram143
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September 19, 2018, 05:25:16 PM
 #381

Yes if there is a rise in price becomes more trust


When you are picking a currency that have definitely some problems to face for us if you face them in easiest way then you will be the man to get involved and their ability to take profit from Bitcoin that's why many people choose this kind of ways to earn money in quick and easy way I also trust this way a lot.

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September 19, 2018, 05:32:59 PM
 #382

virtual currency is digital money issued in addition to monetary authority obtained by mining. Among others are Bitcoin, BlackCoin, Dash, Degecoin, Litecoin, Namecoin, Nxt, Peercoin, Primecoin, Ripple, and Ven. In the context of payment systems, bitcoin is not a legitimate payment instrument
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September 19, 2018, 06:01:24 PM
 #383

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Bitcoin is not wrong, we are the one that mistaken it. Many people think that bitcoin is already good, easy, and has no risk, that is totally wrong mindset. Although bitcoin is the new system and can change our pradigm on financial system, bitcoin also has some weakness that makes us must be very carefull while invest in bitcoin.
Our present money have a weakness the same. But i think the bitcoin has less a weakness
Geemy
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September 20, 2018, 04:15:38 PM
 #384

It 's better to leave this field because it' s not trustworthy than many false news
Mandarava
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September 20, 2018, 04:51:01 PM
 #385

Bitcoin is a unique way to earn a lot of money for someone who understands everything about how he is run and who does it. For the rest of the people - bitcoin is something that will soon make them poor and sick than rich and happy.
adefirman98
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September 20, 2018, 04:55:34 PM
 #386

If you follow the trend of Bitcoin or other popular crypto currencies, then it is clear how value fluctuations occur very wildly, unpredictably. At one time the price could go down, at other times the price would increase dramatically. Crypto currency investors try to exploit this value fluctuation in the hope of gaining profit when making less nominal purchases. Unfortunately for popular crypto currencies the value is already very high, so for investment requires a lot of carefulness.
It is recommended for early investors to start from small value and buy crypto currencies that have good credibility. Monitoring the price and development of the crypto currency market must also be the daily food of investors. This at the same time brings investors to understand the targets that must be determined, for example targeting the value of the investment at a certain point, to be further withdrawn or increase capital by purchasing new assets.
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September 20, 2018, 05:23:41 PM
 #387

That's right.....On this place in more details.I was most afraid that bitcoin could be another pyramid for pumping money from a huge mass of people.I hope that's not true!Since already involved a lot of resources, time and effort.The idea is that cryptocurrency should be the future of the human economy, not the other way around.Any technology can be used to the detriment and benefit.It depends on whose hands she's in.When we started working with Bitcoin, we were immediately told that this is a big risk and no one promised easy money.And how did you get this opinion?

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eashikde
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September 20, 2018, 07:09:37 PM
 #388

The truth about bitcoin is that in a short space of time it has become the most expensive coin. But I think that to continue to grow bitcoin, he needs to cooperate with the governments of the countries and legalize. Institutional investment and increase in bitcoin payment for goods and services will strengthen it.
kemonojim
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September 20, 2018, 07:38:44 PM
 #389

It's not just about Bitcoin but also about many different assets. Today people tend to buy Bitcoin even though they don't understand the technology in it or they don't even want to learn Bitcoin before they start investing.
Kovanyy89
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September 20, 2018, 07:44:11 PM
 #390

The rules you've listed are right but we need to know exactly what BTC is to us. Because to me BTC isn't easy and available for everyone. So I think it's debatable if we can apply these rules to BTC.

Marcsymon
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September 20, 2018, 10:26:53 PM
 #391

It's not just about Bitcoin but also about many different assets. Today people tend to buy Bitcoin even though they don't understand the technology in it or they don't even want to learn Bitcoin before they start investing.


Actually people only wanting to earn money even though they did not know how to get investing in it. Like investing bitcoin without any know how are the big risk for us to get lost and make us upset about it. Because the truth of bitcoin is within the capability of investors who are succeesfully invested with it with their enough knowledge and ability to do it.
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September 20, 2018, 10:46:22 PM
 #392

When I came to love Cryptocurrency, I never knew I will come this far at first the name was funny to me and which I want to learn it with all possible best in me, secondly I got motivated through a buddy of mine which never got to put me through at the very beginning i was negelected. Which I never gave up and I stood to my stand and I gave in all my best to learn it will all researchs, videos I watched and took the practical my self. So I think bitcoin is here to stay.

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anggada18
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September 20, 2018, 10:56:49 PM
 #393

very feasible if long term and from money that you no longer use for your needs. no good money? yep, I agree. I see it as a function of money, it makes you easy but it will be difficult if you don't have it. risk you accept yourself and you know the scale yourself. btc is not easy, it's just that we need to know many who use the name bitcoin as fraud.
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September 20, 2018, 11:00:00 PM
 #394

I agree. It no free, not easy.
Invest in BTC is very risky, and everyone should know all risks wich BTC is connected with.
Everyone assumes his responsibility for a similar investment.
But I hope people are not so stupid that donť know about it.
Actually there are some free sites that you can earn bitcoins with but it has high risk of not paying off but sometimes they do payoff.Investing on bitcoin would be less risky if you yourself will have enough knowledge before going in and investing money.

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September 20, 2018, 11:30:15 PM
 #395

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



Yes, you're right, bitcoin is not what we want to show him. There was no Satoshi, all this is an ordinary legend in order to make it more convenient and easier to create a new world order based on digital currencies.
Exactly, investing in bitcoin is not easy, theres a high risk wating for that you need to take. Another thing is the price of bitcoin really unstable and unpredictable, so make sure that before you make a decision, observe first the market, for you to have no regretted for.

ganjasmokingg
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September 20, 2018, 11:46:51 PM
 #396

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



nvesting is never easy, you can not just leave the money and make a profit. You have to really know about it investing in the right time, doing everything to make your investment profitable and it really takes patience because it's not easy at all so think about it. before investing
magmar
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September 20, 2018, 11:51:28 PM
Last edit: September 21, 2018, 12:43:45 AM by magmar
 #397

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Bitcoin never promised anything. What is the source of this false assertion? You seem to have made a straw man to attack.

The truth about bitcoin is that it is very profitable and it helps and gives much better benefits than any other jobs in the world. But even it is profitable it will really take a long time before we can make a huge income with bitcoin.
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September 20, 2018, 11:52:35 PM
 #398

it is absolutely true what you say that investing all have risks, and I think the risk of bitcoin is not too big if we are patient to wait until prices rise

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newmillennialkingdom
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September 20, 2018, 11:56:12 PM
 #399

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam.
~
Bitcoin is not what promised and that fact is being disguised now.

Bitcoin never promised anything. What is the source of this false assertion? You seem to have made a straw man to attack.

The truth about bitcoin is that it is very profitable and it helps and gives much better benefits than any other jobs in the world.
there was a movie and documentary on the truth about bitcoin.

theres a movie and documentary on the truth about bitcoin

when the price goes up there are no sad faces besides the press
nealdlover
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September 20, 2018, 11:59:15 PM
 #400

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think any investment is not easy, especially hunger for btc, it is even more difficult because the risk of something new is very high so you can not just spend money Then the profits you have to do more than that sometimes even a loss then can succeed
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