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Showing 14 of 14 results by Rindtom
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Topic
Board Bitcoin Discussion
Re: Is Buying and Holding the only way?
by
Rindtom
on 23/11/2017, 10:28:58 UTC
Yes it is the only way to actually make something out of it what are you expecting to do with it if you want to make profit you should buy and hold it right? you cannot earn and sell it because that way you will not make any profit at all.
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Topic
Board Economics
Re: Spending Bitcoins
by
Rindtom
on 23/11/2017, 10:19:08 UTC
Spending bitcoins is very easy and i believe that if i get my first bitcoin i will buy a car with it in my country second hand cars are very cheap so i will still have like 6k left after i bought the car and i will party with all that money because i am still young and i can.
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Topic
Board Off-topic
Re: Bitcoin is not gambling
by
Rindtom
on 16/11/2017, 16:45:03 UTC
I agree to others. Bitcoin is just a currency. Some people confuse others by calling it gambling because they seem like to not know what it really is. When you invest real money into somewhere and then it gives you BTC, then such kind of activity may be called as gambling, but not the currency itself.

I to agree with you because many people are using Bitcoin for gambling. So it makes them to feel that Bitcoin is gambling but I never felt Bitcoin is currency where very soon you can use it to buy all resources you want with Bitcoin.

Bitcoin is not a gambling because it is not an addiction to just a kind of work. I treat it as a hobby, and at the same time work. Thanks to that I am happy in what I do and feel confident in it.
Exactly Bitcoin will not make you an addict as long as you do not love the technology of Bitcoin. But, do you love the value of Bitcoin Roll Eyes? Example if you love the value of Bitcoin and when it increases the price, do you want to make more money through trading Bitcoin? And there are a lot of people are addicted "trading" Bitcoin.
I agree with you but i personally think it is gambling because you put money on it and wait till you actually make profit that means you are gambling but with a higher percentage of winning and that is what i think about bitcoin and altcoins.
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Topic
Board Bitcoin Discussion
Re: Why should people use Bitcoin?
by
Rindtom
on 13/11/2017, 14:30:29 UTC
People should already start using bitcoin because bitcoin will in the future probably be used by a lot of people and maybe even go inside shops to buy things.
Because bitcoin has been growing really fast lately and a  lot of new investors came to join bitcoin.
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Topic
Board Bitcoin Discussion
Re: Should I Wait or Invest On Bitcoin?
by
Rindtom
on 10/11/2017, 10:08:08 UTC
I don't see why you should wait to invest in bitcoin but i think that it is best to buy the bitcoin when the value will go down a bit i think that that is the best thing to do right now to make the most amount of money.
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Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
Rindtom
on 09/11/2017, 10:30:27 UTC
It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

I believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future.

We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins.
Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount.
I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few.
That doesn’t matter. Number don’t have any concern in terms of the future. See, bitcoin is being developed since last 9 years and only 21 million bitcoin are there in market. But when you talk about future, users will be more in number then ultimately the developing companies have to manage more bitcoins as per population. So, things will be fine and the future is all about it.
I do not think that there would be more bitcoins because we are already having a lot of struggles to mine the amount of bitcoins which actually are left and with more people it will become faster but not easier.
I agree with you i personally do not think that everyone will use bitcoin in 2022 why? because there is just 4%of the world population using it right now i do not think that in 4 years it can become 100% that easily.
That is true very few people of the world know about bitcoin and i do not count the multiple accounts or the bots that they are using to mine and earn bitcoin but just the normal people there are too few to actually think that everyone will use bitcoin in 2022.
Post
Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
Rindtom
on 07/11/2017, 11:22:00 UTC
It is never too late to buy bitcoin because bitcoin price is still going uo that means even if you buy it right now you will still make profit or you can wait for the day that it will go down and buy a lot and make profit out of that.
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Topic
Board Economics
Re: Why Big Banks are so Nervous About Bitcoin ? Why ?
by
Rindtom
on 06/11/2017, 10:46:48 UTC
Because if everyone goes to bitcoin the banks can not earn anymore of people and will die that is why they do not want bitcoin to be here they will lose people and they will not make money form anyone anymore a lot of jobs will be gone then too.
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Topic
Board Bitcoin Discussion
Re: Why people are holding Bitcoin?
by
Rindtom
on 26/10/2017, 09:19:56 UTC
To make profit in the future and i hope i can make it too it is and investment you can earn a lot from in an easy way and it does work you can search all the success stories from the people who made  a lot from bitcoin.
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Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Rindtom
on 24/10/2017, 13:30:37 UTC
Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

Nope. I very doubt government will want to relinquish control...

As a sub currency it could gain mainstream use but i think there will be much blood before BTC replace the Dollar.
I think bitcoin can not replace dollar soon.  Because still many people do not know about bitcoin.  And there are many millions people who still don't use Internet and than they how can depend on bitcoin.  So before the replacement of dollars, there is a urgent need that every person on earth can access the account and they should have a basic knowledge of Internet   than they can understand the bitcoins and till they will own the bitcoins.  Than there will be chances that bitcoin can replace dollars.  Bitcoin has strong potential but it needs and depends on Internet.  Without the access of Internet, bitcoin can be used,  stored  .
I agree with you people need to have knowledge before bitcoin can replace dollar but i think there are more possibilities than replacing dollar i think it will replace paypal because it is better to use and it is also has an online exchanging method.
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Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
Rindtom
on 23/10/2017, 08:32:00 UTC
I have a plan to invest in real life if i get a lot of money and buy a house and a car i would say that plan can become true after a couple of years maybe 3 or 4 and i will make money out of the real life investment this way i can still earn. a lot.
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Topic
Board Economics
Re: Where can i invest my money?
by
Rindtom
on 13/10/2017, 08:31:26 UTC
You can invest your money in bitcoin by buying it from big  exchanges i would suggest to bid low and than go higher because there will always be people who are going to overbid you and then you are going to overbid them and pay more than the actual price.
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Topic
Board Economics
Re: Money above all things, Yes or no ?
by
Rindtom
on 12/10/2017, 08:33:04 UTC
sad to say but yes. Money is above of all things because the money is the power that can control "almost" everything.

indeed, indeed the money is the source of everything.
because the money serves as a legitimate purchase tool, as well as many people who work hard to earn money, as a source of life.
Without money, there is no people alive. Even the god that they are depending will not help them to live this world without money. They need money because that is the source of everything and if you don't have that then you will be in a worst nightmare for sure. Money will be always above all things because that is why we are living and that is why we are happy everyday because we have money to spend to our family and to our self.
It's hard to say but it's true ever since people made this things called money which can buy almost all things on the world that has no literally no value since it's a paper. The value of money is just a thought for everyone to have something to trade with instead of exchanging foods for something useful which both has value. So yeah, money is currently above on all things where people can buy almost anything for it which makes it evil.
I agree with you money is the number one thing you actually need to survive without money you would not have a house or food to eat everyday so i think we should be very happy that something like bitcoin exists to help us around in our life.
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Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
Rindtom
on 25/09/2017, 08:33:48 UTC
It is impossible to lose it price because as long as there are many traders that trade bitcoin the price of bitcoin will keep increasing until it will worth a million.
if we will continue to hold our bitcoin and hope for the increasing demand then the price of bitcoin will either continue to go to the top or just become stable at the current price range.

It is not impossible my friend remember that we live in this world. Everything can happen here its like a dream. Even bitcoin can fall nothing will last forever, but i hope that it will increase his value of course. I would then sell my coins and convert my altcoins to bitcoins in order to sell them also. Bitcoin is a bit of stable but not much as you can see on the ban of China.