That mainly depends on what number of total bitcoins you hold in your account if the amount is good enough then definitely its an best option to opt for because the value of bitcoin will be more after 20 to 25 years so it would be best to have bitcoin as a retirement account.
Actually it doesnt matter how many bitcoin that you got in total. If you want to really use it for retirement account and you want to get some profit with it what you must do is start to collecting bitcoin with all the money you got now since the price is still low
But you're assumig tha the price will always go up in future. That is just a speculation. Youi might end up having nothing after a few years. Bitcoin might be worth zero. So you may get into a situation where you end up having nothing when you need the money most (during your retirement.)
If you're accumulating BTC for profit in young age and you invest what you're prepared to lose, that's not a big issue. If BTC ends up being nothing, you can still work your ass off to cover he expenses. But if your retirement fund goes to zero and you're old, you're in a big trou\ble becuse you can't even work.
Nope thats not true. I am sure that bitcoin will going up. Because there are thread saying that many banks will use this kind of technology to improve the securities so until that time I think bitcoin price start to raise little by little and that make you get profit
Bitcoin ans block chain are two different things. When you say banks are going to use bitcoin 's underlying technology, you are talking about block chain. Even if the whole world starts to use block chain, it does not have any relation with bitcoin 's price.
You should not confuse block chain 's adoption with bitcoin 's adoption.
Yes. Many here still confuse block chain and equate it with bitcoin.
Lol, where did all the haters come from? Really, coming here and talk about "oh but all those who bought at 1000".
Honestly, if you didn't get in when coins were cheap, then it is your fucking stupidity at work. Coming here and trying to get a bit of a consolation by talking about when the price was at 1000.... really, it's pathetic at best..it's pitiful.
Here's the deal with this thread: you HODL or you GTFO.
Don't reply to this post. If you don't get it plain and straight, there is no no discussion that will help.
All the bulls are in hibernation. They will wake up the next time bitcoin going up the roof.
Poor, poor academics. They were trying to correlate BTC price with a few variables like news mentions and Google searches when the only advice anyone needs is HODL.
And how is anyone who hold since $1200 is doing right now?
Post
Topic
BoardEconomics
Re: 51 countries signed an agreement to “end tax evasion and money laundering.”
Somehow, the people needs to fight back. It's about time to get organized. The taxman thinks tax evasion is a crime, I think it's salvation against evil.
Citizen of the west are getting more benefit from the government than getting taxed for. Why do you think everyone from 3rd world trying to get in the country?
Shorting is notoriously difficult to do. You might know the right trend, but If you mess up your timing you can still lose money.
Exactly that's the risk that is amplified to an extreme by trading on leverage. The vast majority of all traders loose money. It's not worth to risk capital and mental health in such a game.
Shorting Bitcoin is even riskier, because the market often moves unpredictably and extremely fast. The volatility is very high. Doing that leveraged is insane.
ya.ya.yo!
How is this difference when people are going long using leverage?
Its accelerated out of the garage and the homes, to the small businesses, to the large data centers, and now youve got to have a mega data center for it to be profitable.
According to Blockchain.info, miner revenue is down from a high of more than $5 million per day, to under $1.5 million today. And that on the back of the fact that mining itself is becoming more difficult.
Don't forget mining operation isn't free and the operation and capital depreciation cost are quite high.
I suspect many miners and ASIC manufactures will disappear from the industry 6-9 months down the road. The competition and market condition just aren't that favorable.
Post
Topic
BoardOff-topic
Re: What video games do you play?
by
fdiini
on 01/10/2014, 16:38:37 UTC
Eve online.
Post
Topic
BoardOff-topic
Re: I'll be there Bonnie Tyler ... Just Two More Weeks ™