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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
A lot of people want to get rich but they do not want the work that is involved with it. Getting rich does not happen overnight, it involves hard work. Unless of course you win the lottery.
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???
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. The value of bitcoin is highly volatile.
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 .
[/quote
Some people find it hard to save money while others find it easy. Saving money involves a lot of things but I think what is important is that you have to have a goal for saving money, then everything would come easy.
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 .
[/quote
Some people find it hard to save money while others find it easy. Saving money involves a lot of things but I think what is important is that you have to have a goal for saving money, then everything would come easy.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
My goal for now is for long term. Investment has risks but it has high returns.
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 did not ruin my life. In fact it has helped me a lot. Even if I have a regular job, I still worked on bitcoin.
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?
If I am looking for a job online, I would market myself. I would let the companies know that I am very good and it is their loss that they would not hire me.
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?
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 still like paper money over bitcoin. Bitcoin is the thing now but I still like paper money.
Re: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin
and do you think that will happen in 2015 ?
If that time comes then bitcoin clearly is not going up again. I will sell them even at a low price.
How safe is it?
If I have bitcoin, I will use it. I will not hold on to it and sell later or anything like that.
http://6abc.com/news/angus-deaton-wins-nobel-prize-in-economics/1019212/
Satoshi Nakamoto is overqualified.
Quote
Who won? Angus Deaton
What did he do? Deaton's work has helped redefine how poverty is measured around the world.
Why is it important? Deaton's work has helped governments better understand individual consumption choices and how they impact broader economies. The Nobel committee says the award revolved around Deaton's study of three central questions: "How do consumers distribute their spending among different goods?" "How much of society's income is spent and how much is saved?" and "How do we best measure and analyze welfare and poverty?"
What did he do? Deaton's work has helped redefine how poverty is measured around the world.
Why is it important? Deaton's work has helped governments better understand individual consumption choices and how they impact broader economies. The Nobel committee says the award revolved around Deaton's study of three central questions: "How do consumers distribute their spending among different goods?" "How much of society's income is spent and how much is saved?" and "How do we best measure and analyze welfare and poverty?"
Satoshi Nakamoto is overqualified.
Surely Satoshi Nakamoto will not win a Nobel price. His identity is still in dispute.
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.
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.
Going full time on bitcoin is not a wise move. Bitcoin is just too unstable.
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
In order to get rich, you have to buy wisely. Spend only on the things you need, and if you must buy something that you want and not what you need, at least shop for the best price.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Better do both.
I prefer to put my money in a savings account. In this way, I am not bothered by the risks and worries that comes with investing.
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 involves risks. I will just hold on to my bitcoin and sell them when the price grows.
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?
There are many ways to make money online. One of the easiest is to sell something online.
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???
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???
If I were offered bitcoin or gold of the same value, I would pick gold. The value of bitcoin is extremely volatile.
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 .
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 $6,960 i can stop my saving money in cash reserves.
Thank you .
I always find the best price for something that I want. In this way, I can save money even in just small amounts.
...
This thread is actually in honor of CoinCube (who started the very popular "Economic Devastation" thread).
But, that thread wanders into difficult philosophical terrain, and I am interested in hearing opinions (practical!) re what we can do about "Economic Totalitarianism":
1) The new War on CA$H (Zero Hedge is covering this tpoic pretty well)
2) ZIRP/NIRP
3) Whether any of our apparently worthless Prez candidates have any decent ideas to save our financial butts. And who is worse (the worst).
4a) Ideas that EACH of us might be able to do to defend ourselves from abusive .gov trying to take ever-more of our hard-earned money...
4b) Where assets like BTC, "alts", physical gold, foreign real estate, "Plan B", etc. may fit in...
Ideas anyone?
I´m too old to learn to program, nor interested (in this thread) in obscure discussions of Marxism, "idiots", personal attacks, etc.
I want practical ideaz and resultz, fishez!
This thread is actually in honor of CoinCube (who started the very popular "Economic Devastation" thread).
But, that thread wanders into difficult philosophical terrain, and I am interested in hearing opinions (practical!) re what we can do about "Economic Totalitarianism":
1) The new War on CA$H (Zero Hedge is covering this tpoic pretty well)
2) ZIRP/NIRP
3) Whether any of our apparently worthless Prez candidates have any decent ideas to save our financial butts. And who is worse (the worst).
4a) Ideas that EACH of us might be able to do to defend ourselves from abusive .gov trying to take ever-more of our hard-earned money...
4b) Where assets like BTC, "alts", physical gold, foreign real estate, "Plan B", etc. may fit in...
Ideas anyone?
I´m too old to learn to program, nor interested (in this thread) in obscure discussions of Marxism, "idiots", personal attacks, etc.
I want practical ideaz and resultz, fishez!
A country whose economy is based wholly on totalitarianism means the citizens are stripped of their freedom. The government will have full control of the lives of its citizens.
A country employing economic totalitarianism would actually be good for a country. Even though the people have no economic freedom, but at east there would be no confusion.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving and investing actually both are good. Your savings account earns interest and your investment earns profit.
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?
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 would not be obliterated. What government would want to use something that they do not have control over?