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Showing 20 of 30 results by justarmc
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Board Economics
Re: Why is bitcoin worth? Welcome to discuss
by
justarmc
on 05/10/2017, 16:33:57 UTC
It is worth because bitcoin represents money, meaning it has its value, and its very useful. It allow us to transfer money from person to person without any third party involve. It is one of the largest and most elegant exchange the world has ever seen.
Post
Topic
Board Economics
Re: You should never trust banks
by
justarmc
on 05/10/2017, 02:36:30 UTC
My bank closed my account last year for no reason, and all money in my account was gone. I argued with the bank, even contacted the local government, no use. My bank just stated that "Pursuant to the CMA Disclosure and Agreement, 'THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties'. Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate". No single word explaing the termination was given to me. I contacted all banking lawyers online, and they were all representing the bank, not the customers. The money I lost can buy a new Mercedes. However, banks around the world now are too powerful. They are too big to fail. When you open an account in the United States, and probably also many other countries, you voluntarily give up the rights to sue the bank under their arbitrage clause. Even worse, they define the financial laws and enforce them. They can close your account, freeze and steal your property and evict you from your house. The more money you deposit into your bank account, the more you are helping the evil. I'm glad to see Bitcoin is changing all of these. Let banks die!

If your banks gets into trouble, Even though no fault of your own, you may be voluntered to give up 20-30% of your account in a bail in to help them cover their mismanagement. You pay the bank for holding your money. But if the case is they close your account without any reason,maybe you did something wrong or illegal that against to your bank.
Post
Topic
Board Speculation
Re: is bitcoin bubble?
by
justarmc
on 04/10/2017, 16:34:46 UTC
Nobody knows the future. You can only say it is a bubble after it has burst. But as long as its up, its not a bubble. For years now bitcoin has shown long term growth consistently. Let the haters say its in a bubble, and let the few that are willing to invest out of their comfort zone, like those who still believe in bitcoin (count me in) reap the benifits..
Post
Topic
Board Economics
Re: Bitcoin or gold?
by
justarmc
on 04/10/2017, 02:02:47 UTC
if we think about qualities that make gold a respected "money" or store of value, bitcoin is actually superior in many regards. You might argue bitcoin is newer and flashier, and that it has arguably more utility in the digital era than gold.
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Topic
Board Pilipinas
Re: Hanggang kailan tatagal ang BITCOIN?
by
justarmc
on 03/10/2017, 04:42:11 UTC
Sa tingin ko hindi man forever ang bitcoin pero mas mahaba habang panahon pa ang itatagal nito. Mas mapapakinabangan pa natin ito ng husto. Kung mawawala ang bitcoin, siguradong may ipapalit dito na mas maganda, at upgraded na bitcoin. Dahil lahat ng bagay dito sa mundo napapalitan, pinapa upgrade at pina lelevel up na. Para din ito sa ikakabuti ng mga user nito. Wag lang natin kalimutang supurtahan kung saka sakaling may pagbabago sa bitcoin. Para enjoy ang lahat.
Post
Topic
Board Bitcoin Discussion
Re: How to Become A Bitcoin Expert
by
justarmc
on 03/10/2017, 02:48:28 UTC
Hello, I've been hovering around bitcoin for months and I want to become an expert in it. What resources are available and what steps can I take to know all there is to know about bitcoin and possibly reproduce the technology involved.
Thank you.



expert in what field? all of it is always there to handle it, although the same on the crypto. but the difference is always there. all you do is learn more and focus more on every bitcoin-related science. but I think it takes a long time and process.

to become a bitcoin expert is first you need to identify the word
"expert"- it is a person who is very knowledgeable about or skillful in a particular area. It is no different from anything else you want to become an expert in. You can read some white paper or article about bitcoin. Understanding the protocol. Stay up to date with bitcoin news. Identify where your skill set or your interest lies. It takes time and it needs one to be consistent.
Post
Topic
Board Economics
Re: Bitcoin will control the world economy!!!!! is it true?
by
justarmc
on 30/09/2017, 00:38:04 UTC
No. I dont think it will control the world economy.. bitcoin is just a currency.and it is volatile. And yet it plays a big role but its still with us how we handle the situation.
Post
Topic
Board Bitcoin Discussion
Re: The advantages of bitcoin
by
justarmc
on 29/09/2017, 03:39:56 UTC
Very low fees. Currently the fees are very low, The fees are lower than credit cards and PayPal. i hope it continues this way, only a few weeks ago, the fees were crazy.

Bitcoin has numerous benefits and advantages over using localized currency.
◆quick and cheap transactions -fees are extremely low compared to conventional methods of moving money,
◆irreversabe transactions - they wont charge back.
◆no paper work -anyone,from any country, of any age can accept bitcoins within minutes.
                             -information is transparent.
◆appreciating value- the value of bitcoins were initially highly volatile during the first few years of it's inception, however during the last       6 months the currency has stabilized and has been steadily increasing in value on a daily basis.
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Topic
Board Economics
Re: Bitcoin for all levels of society, without any difference
by
justarmc
on 28/09/2017, 18:33:52 UTC
Truly it is for everyone..Indeed, Every levels of society are welcome to join in bitcoin, no matter how rich or poor you are, as long as you have the knowledge to do it. We are equal. The only advantage is rich people can gain more through their investment. Even its open for all kinds of society their still are unlucky, like those poor countries because they have no current nor technology,. Happy and we are blessed. We are not belong to their situation.
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Topic
Board Bitcoin Discussion
Re: Bitcoin is instant way to get rich ?
by
justarmc
on 28/09/2017, 16:38:24 UTC
It is impossible. There is no way to become rich instantly. It will take long time and a ton of hardwork to get rich.
To become rich is a journey, you need to be educate yourself about money as your financial education is your best investment. Never depend on single income. Building wealth is not something you will just stumble upon one day. It's something you work at every day and forever. Hardwork + determination and Action will be the key to success.
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Topic
Board Bitcoin Discussion
Re: What to do with the people who don't like Bitcoin?
by
justarmc
on 27/09/2017, 06:54:32 UTC
If they don't like bitcoin then so be it. We can't force them. It's there choice, and it's there loss not ours. Let's just respect their opinion. I won't bother myself anyway to explain to them how it works and all in their minds are negativity.
Post
Topic
Board Economics
Re: Most people dont even know what this is yet.
by
justarmc
on 26/09/2017, 12:39:58 UTC
Yes, just wait. Bitcoin is still on its infancy stage. It is still developing. Do not worry. Its popularity is increasing. Individuals getting to know Bitcoin are increasing. Businesses and companies accepting Bitcoin as a payment are increasing. It just needs time. I believe someday Bitcoin will be known worldwide.
Bitcoin still on the way and headed towards that certain thing. Bitcoin isn't fully established and having troubles with money exchanger that's why only a few numbers of establisment are accepting this. Once it become stable, probably more people are using bitcoins and it could be increase the positive approach of company holders to start accepting bitcoin as a mode of payment.
Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
justarmc
on 26/09/2017, 07:47:16 UTC
I think it would be able to end world poverty in some ways if and only if everyone are going to know it and use it as an instrument to escape poverty. There are a lot of things that should be dealt with if we really want bitcoin to help solve poverty globally. Each nation should work on the legalization of bitcoin on their place so that everyone will have the chance to know bitcoin. By this way also, we are helping every individual shape the world.
It can not end world poverty, think about those really poor countries like Africa do you think bitcoin is the solution? No, it is not. Do all part of this world have gadgets and internet? No, they do not have it. Like what I said before they would rather buy foods to live than to buy those things.

your right.. it is impossible. Even we all knew that there are some various state and federal programs who help relieve indigence but still it will not end the poverty, nor even bitcoin cannot eradicate world poverty. Working in bitcoin is through internet therefore, for those poor people especially in poor countries are less fortunate, knowing that many of them are illiterate.
Post
Topic
Board Bitcoin Discussion
Re: What if Bitcoin mining becomes illegal world wide?
by
justarmc
on 26/09/2017, 02:53:53 UTC
I have never really thought about that once. But apparently if mining stops, how will transactions be confirmed? Well, it is good the possibility of something like that happening is zero.
This is only the start of battle and hope it won't get into a matter of losing it all of a sudden.
But being illegal, I don't think so. Because more countries are making bitcoin legal and it could be also into mining of course. Maybe it happens become illegal, only to the country that bitcoin isn't established yet.
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Topic
Board Economics
Re: Make money from money
by
justarmc
on 24/09/2017, 17:37:42 UTC
Make money from money is through investing. Wheither you open a savings account, invest directly in the stock market or make use of some other investment option, your extra money can make more money for you. But it depends on the plan you choose, as well as the amount of risk you're willing to take. It's either  you're a risk-taker or a play-it-safer. If you want the nest egg to grow,then take the risk and invest in bitcoin..
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
justarmc
on 24/09/2017, 14:20:56 UTC
Yes it is. Money is anything widely accepted as a store of value, it exists in many forms such as currencies and commodities like dollars or gold. And since bitcoin is widely accepted currency so it is money.
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Topic
Board Economics
Re: How can we make more money?
by
justarmc
on 24/09/2017, 13:42:13 UTC
We can make money anytime and anywhere if only we are not lazy to work for it. Even when your at home you can make money by starting a small business, or by joining any online job like bitcoin or you can also make a website or a blog. You just have to work hard and put some passion n your work, love and enjoy what your doing (bitcoin). Focus your mind for all the work you do and be smart and strategic.Invest your money is also a great way to make more money,. Hard work and determination is the key to success.
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Topic
Board Economics
Re: How long could bitcoin last?
by
justarmc
on 20/09/2017, 17:40:26 UTC
No one knows and no one can predits on how long bitcoin will be alive and kicking in the market,though bitcoins dominates todays market this will not last foreverfor sure and new currency will defeat bitcoin
We accept the reality that everything must change, the only thing is that we don't know when it comes. And it is possible to happen to bitcoin, maybe you could say it won't last forever but still we enjoy the moment that bitcoin is still alive. And while it is still in the market, we must have to take this opportunity and be a part of this great technology.
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin Die Because of China?
by
justarmc
on 19/09/2017, 13:42:03 UTC
who is chinese so they can kill bitcoin, their excess is only because the population is so much that the market there is very good,.
Actually, China is one among countries who have a huge contribution on bitcoin community and china plays a big role on bitcoin. When there government declared ban for crypto, it will make a huge impact of bitcoin price in the market. But is not enough that bitcoin will die because of China alone.
Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY] [Pre-ICO] Gitto Project - Automating Peer to Peer Car Rental Industry
by
justarmc
on 17/09/2017, 00:30:24 UTC
Hi sir,

I just wanna ask if we can start posting right now and how many post should be made in the whole campaign period.

Regards,