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Showing 20 of 168 results by Pantheon
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Topic
Board Economics
Re: How too get rich
by
Pantheon
on 21/10/2015, 23:56:35 UTC
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement

How can we get rich when most of us do not even know where our money is going.  Having a full knowledge of where your money is going is  the first step to becoming rich.
Post
Topic
Board Economics
Re: bitcoin investing
by
Pantheon
on 21/10/2015, 23:46:17 UTC
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?

Personally, if I have bitcoins and I am using them and it has helped me, I say that that is investing already. 
Post
Topic
Board Economics
Re: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin
by
Pantheon
on 21/10/2015, 23:43:59 UTC
and do you think that will happen in 2015 ?

If the price keeps dropping and I have lots of them, I would not wait until it reaches 50$.  I will sell them while it has not reached 50$.
Post
Topic
Board Economics
Re: The future of the paper money
by
Pantheon
on 21/10/2015, 23:37:51 UTC
Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?


I think paper money will not be entirely banned.  Even if bitcoin is the currency for now, bitcoin is not subject to any regulations and I think governments would like that.
Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
Pantheon
on 21/10/2015, 23:28:56 UTC
How safe is it?

Honestly, I do not know if you should invest in bitcoin or not.  What I know is that bitcoin is attracting the world of investors now, so I think that is one watch out list that you should check.
Post
Topic
Board Economics
Re: Best way to make a living online?
by
Pantheon
on 21/10/2015, 23:12:45 UTC
I have been interested in the various ways there are of making money on the internet. From the GPT/PTC sites to others like swagbucks.com, I have been earning money online since 2009. At the time, I was still skeptical of making money online at all to begin with yet so Bitcoin was out of the question. Now from what I see the best methods involve bitcoin. Today, finding a job writing or programming or something similar online in exchange for bitcoin seems to be the way to go these days. What do you do to earn extra income online?

The best way to make a living online is marketing yourself, marketing your company.  Make yourself as valuable as possible to the fullest of your capabilities, advertise your company, advertise it and make it as attractive as possible.
Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Pantheon
on 21/10/2015, 23:06:02 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?

I would say that investing is better than saving.  But if you are one who has little or no experience at all i investing and you trust o one to help you out, then it is better for you to save.
Post
Topic
Board Economics
Re: How to save money.
by
Pantheon
on 21/10/2015, 23:01:34 UTC
This is my first post. Please do respect

My post intention is to help readers to save their money.

Some of the employee are not saving their money. They spend it on things that they dont need. For example gadgets,buying a concert ticket, accesories, etc.Buying things that not they need is also like a wasting money. Because this thing give a happiness  not a good life. Saving money is just like securing your future because your savings can help you in emergencies. These are the way to save money .
If you are empolyee. You must save atleast 20% of your salary. The 20% of your salary divides into two .


The 1st way : cash reserves- medical insurance, retirement, life insurance  and if you not have salary yet. And emergency. But dont spend all of you 10% in this emergency. You must know if the injury is serious o not before you spend the 10%.
The cash reserves must equal of your 6 months salary this will help you and ensure you becauas of you loss your job you have extra money .

The 2nd way : investment, business- you can invest in some company so that you have a extra income. And you can also built a small business that will always have an income like apartment.

Example. My wage is $ 7.5 per hour and i work for 8 hours and i work for 20 days. So thar my salary is $1,160 . The 20% of $1,160 is $232 .
So that my cash reserves is $ 116 i can spend this money in emergencies and medical insurance.
If my 6 month salary is $6,960 i can stop my saving money in cash reserves.
 

Thank you .

This is just a simple step, so simple that you can ask yourself, will I really save money by doing this?  By this I mean, to make a list before you go shopping and please, stick to it.  Many of us, when shopping, think that if we buy something that is not on the list, that it would not hurt because it is only one or two or three items anyway.  But the truth is, if you accumulate these unplanned purchases over the days, you will find that it has created a big chasm on your budget.  So big that you cannot recover it.
Post
Topic
Board Economics
Re: How too get rich
by
Pantheon
on 21/10/2015, 22:49:47 UTC
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement

One of the things to do in order to get rich is to never exceed spending what you have earned.  This sounds so easy, but this is very true.
Post
Topic
Board Off-topic
Re: Will you quit your day job to go full time on bitcoin?
by
Pantheon
on 21/10/2015, 22:47:11 UTC
Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?

Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.

Definitely.  I would quit my day job to go full time on bitcoin.  I have seen what bitcoin could do and I would definitely go full time on bitcoin.
Post
Topic
Board Economics
Re: Did Bitcoin Ruin Your Life, Or Help Your Life?
by
Pantheon
on 21/10/2015, 22:45:28 UTC

Bitcoin has become an obsession for many people. Whether its investing, selling, gambling, or making purchases with it, Bitcoin has certainly become this trend that is much larger than it was years ago. Personally, Bitcoin has been a rollercoaster for me. There are times where I am up 9k in profit, only to be scammed by a professional for 6k. In other words, sometimes I am on top of the world thinking Bitcoin is going to make me an insane amount of profit, only to be let down feeling like I am going to lose every single dime I have because I am putting way too much hope in Bitcoin. At this very moment, I am in the process of disbanding my business accounts, and filing a certificate of disclosure. This isn't to say I have lost hope in Bitcoin, I just simply think there are too many faults that still exist with it. Even with a professionally typed paid FinCEN policy reviewed by 3 companies, scammers have still found a way to literally go above and beyond to steal money. I was involved with trading and selling, and its just got to a point where the risks were not worth the reward. I hope many of you have had more success than I! I've tried out some small gambling techniques as well, and of course that was a major failure. BTCJAM was great until multiple users defaulted on their loans. Then I tried one of the most recommended cloud mining services only to find out it was a ponzi scam and lost out on more coin from them. My last resort was to add a bitcoin faucet to my website, but there are just far too many to compete with, and the advertisement costs to draw attention were just to much for it to be worth it. I could have had the opportunity to retrieve about $2,000 from some scammers, but for me to hire a lawyer, travel to another state for a court date, it becomes too expensive and not worth it in some cases where you are scammed.

My best advice for anyone seriously getting involved with Bitcoin is the key word "money management". You might get to a point where your operation with whatever it is could be rolling in some serious money. Don't get greedy! Thats what I did. Never put in more money that your comfortable losing. If you are happy to invest $1,000 knowing it could be gone, then set that limit until you are comfortable risking a little more. For me personally, I was rewarded very fast with Bitcoin in the beginning. Then I started to purchase more, do bigger volumes of trades, and then boom, you wake up one day and your profits and bitcoin is gone from a hacker/scammer. Every person is different, every one also takes different risks and assessments when it comes to Bitcoin. All in all, has bitcoin ruined your life, or has it made your life better?

Bitcoin helped me out.  Not only in financial terms, but it also helped me learn about digital currency and technology and the internet.
Post
Topic
Board Speculation
Re: I will not Die Untill Bitcoin will reach at Least 50K
by
Pantheon
on 20/10/2015, 17:15:37 UTC
I am Not a Philoshoper or a Writer
I have a long run in Bitcoin and some Alts,
I have seen Bitcoin since 10$ price and seen to all time High 1300$ also,
In my point of view (I use to create my views with News and upgoing BTC network) BTC will reach 98K very soon and this article is about that.

Crash and Panic
A lot of people are worried about the fluctuation and selling there BTC on pressure But New Bitcoiners are doing so we must note that.
Serious and BTC bilievers are holding all the BTC they have. As few people are concentrate in News which are created by Centralized monetary system. We have to believe ourself first that BTC and we Bitcoiners are decentralized, our market is global market Short-term actions of governments are not important, on a global scale they can't fight the inevitable. Regulations are as good against bitcoin as sandbags against tsunami.

We are sometime focusing in Chinese Goverment news at the mean time I am focusing in Chinese People. Did anyone think about that Chinese Government indirectly handled a lot of profit to Bitcoin? I think no or some yes. While Chinese government issued warning and ban the deposit in the mean time Chinese Community is more curious in investing in Bitcoin and they are searching some other option of Deposit so now see what, is it loss of bitcoin or its loss of Chinese Government? of course of Government its not just a chinese production so we dont need to worry about anything or any single government, We are Global Ruled and not Ruled by one we are Ruled by Each of Us.

Bitcoin Price Moving up by 2014
The bitcoin price is the result of supply and demand for bitcoin. The more demand there is, the higher the price goes. The more supply there is, the lower the price, The supply side of bitcoin is fairly well known, even if we look into the future. Bitcoin supply growth will drop below 15% annually very soon and finally 21 million no more then that so supply side is always lower and demand side will be always higher.
China Warns on Bitcoin but Traders are still Ligal to trade.
India Warns on Bitcoin but Traders are still Ligal to trade.
Singapore Government will not interfear in Bitcoin.
More then 40% of American and 20+% Globally known Bitcoin in this small movement so expect 40% global population know about Bitcoin by 2014.
New Business adopting Bitcoin and even some third party transaction are helping people to transact with bitcoin in Amazon, Ebay, Walmart and such web stors.
Overstock to come on Mid 2014 and Overstock CEO clearly described why (Patrick Byrne thinks bitcoin could be a helpful addition to the payment system and his company plans to accept the currency, You’re getting rid of the interchange fees. We’re paying credit card companies around 2%. For a company whose margin is 1%, picking up 2% on that is quite attractive)
Every day New Bitcoin Accepters are on the way Today you can buy almost everything from your Bitcoin House to Car and Grocery to Electronics so why not it will reach 50K? Bitcoin have that potential to reach until i will die and Bitcoin have that potential to grow that one dau 1 Satoshi will count 100$.

If only I could time my death, then I would surely not die until bitcoin reached $50.
Post
Topic
Board Economics
Re: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin
by
Pantheon
on 20/10/2015, 17:11:59 UTC
and do you think that will happen in 2015 ?

I think that if bitcoin gets to around $50, then bitcoin is going to die.  Then I would sell them.
Post
Topic
Board Economics
Re: bitcoin investing
by
Pantheon
on 20/10/2015, 17:07:33 UTC
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?

Investing on bitcoin is good since it is attracting a lot of attention.
Post
Topic
Board Economics
Re: Bitcoin or Gold? What would you pick?
by
Pantheon
on 20/10/2015, 17:05:19 UTC
If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick?

Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you...

http://www.youtube.com/watch?v=m6GiC8dqN9A

We just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why.

If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why???





I would pick gold all the time.  Bitcoin is extremely volatile.  Gold is around for a very long time already.
Post
Topic
Board Economics
Re: How too get rich
by
Pantheon
on 20/10/2015, 17:03:42 UTC
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement

Some people get rich by working hard while others get rich by just pure dumb luck. 
Post
Topic
Board Economics
Re: How to save money.
by
Pantheon
on 20/10/2015, 17:01:02 UTC
This is my first post. Please do respect

My post intention is to help readers to save their money.

Some of the employee are not saving their money. They spend it on things that they dont need. For example gadgets,buying a concert ticket, accesories, etc.Buying things that not they need is also like a wasting money. Because this thing give a happiness  not a good life. Saving money is just like securing your future because your savings can help you in emergencies. These are the way to save money .
If you are empolyee. You must save atleast 20% of your salary. The 20% of your salary divides into two .


The 1st way : cash reserves- medical insurance, retirement, life insurance  and if you not have salary yet. And emergency. But dont spend all of you 10% in this emergency. You must know if the injury is serious o not before you spend the 10%.
The cash reserves must equal of your 6 months salary this will help you and ensure you becauas of you loss your job you have extra money .

The 2nd way : investment, business- you can invest in some company so that you have a extra income. And you can also built a small business that will always have an income like apartment.

Example. My wage is $ 7.5 per hour and i work for 8 hours and i work for 20 days. So thar my salary is $1,160 . The 20% of $1,160 is $232 .
So that my cash reserves is $ 116 i can spend this money in emergencies and medical insurance.
If my 6 month salary is $6,960 i can stop my saving money in cash reserves.
 

Thank you .

Before, I used to do the conventional like paying the bills first then saving what is left, and I find that I was not able to save a single cent.     
Post
Topic
Board Economics
Re: Best way to make a living online?
by
Pantheon
on 20/10/2015, 16:57:58 UTC
I have been interested in the various ways there are of making money on the internet. From the GPT/PTC sites to others like swagbucks.com, I have been earning money online since 2009. At the time, I was still skeptical of making money online at all to begin with yet so Bitcoin was out of the question. Now from what I see the best methods involve bitcoin. Today, finding a job writing or programming or something similar online in exchange for bitcoin seems to be the way to go these days. What do you do to earn extra income online?

 My only experience making money online is selling.  However there are lots of other ways, but I just do not know how to do them.
Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
Pantheon
on 20/10/2015, 16:55:58 UTC
How safe is it?

With bitcoin being extremely volatile, this is not a wise thing to do.
Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Pantheon
on 20/10/2015, 16:54:01 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?

Saving money in a bank is what I would do.  Investing is risky and requires time and effort.