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Showing 20 of 199 results by labs0918
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 in Bitcoin is too very risky. You need to have knowledge about it in order to have profit. Before you invest make sure that Bitcoin price is good. And of you are beginner do not invest too much. It is needed for all bitcoiners because of a very long period of time to wait for the profit. Many investors have no patience and it leads them to a very bad attitude. And if you have no patience, then Bitcoin is not for you.
Re: Big Reasons Why Many Families Are Feeling Extreme Financial Stress
Many families are extremely stress in their finances because of poor budgeting like spending more than how much they earn and it causes a credit. Then most of family members are unemployed and it causes shortage of allowance. My advice to it is set a budget plan.
The reason why we pay taxes is to help our country to improve. We should pay taxes because government uses it to fund welfare and public services like education system, pension for the elders, unemployment benefits and public transportation.
Re: Why do thousands of investors hold bitcoin on troubled days?
They hold it because they are not contented with the price of bitcoin. They will sell it if the price will rise up. Or they hold it because they have no profit because the price of bitcoin if they sell is smaller than the price they buy it. In that case they have no profit.
Bitcoin could become illegal in all countries that bans child pornography after discovering this: https://www.sciencealert.com/bitcoin-illegal-almost-everywhere-after-shocking-blockchain-discovery-child-pornography
What can you say about it?
A bad news either. Hoping that it is not true because surely it will affect the reputation of bitcoin. And there is the possibility that bitcoin will be banned because of pornography. What can you say about it?
Re: Will bitcoin change the distribution of wealth in the world?
Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?
Or would the distribution be even more unfair?
It is more equally and it wouldn't be unfair. The distribution of wealth is fair because people will work for that wealth. It is good to work for it rather than not working for money. Or would the distribution be even more unfair?
Re: is there any economic effect for the country or bitcoin users
Yes but a good effect. It helps us to avoid crisis because of the profit it gives. It helps un-employed people to earn and work to whike at home and because of that it lessen the number of un-employed people.
Hi, have you ever thought this?
You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it.
I think this could be a weakness, correct me if I am wrong.
Or comment if you have a kind of solution for this...
Regards!
Yeah you're very right. Do you think a private key that consist a very long character with uppercase and lowercase letter? No right? It is hard to steal a bitcoin. You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it.
I think this could be a weakness, correct me if I am wrong.
Or comment if you have a kind of solution for this...
Regards!
Hi, have you ever thought this?
You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it.
I think this could be a weakness, correct me if I am wrong.
Or comment if you have a kind of solution for this...
Regards!
You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it.
I think this could be a weakness, correct me if I am wrong.
Or comment if you have a kind of solution for this...
Regards!
I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.
What do you think guys?
I agree. Investing in bitcoin is good also but do not depend only on investing your money in bitcoin. Do a second option on how to grow your money. Plan to have another business too. What do you think guys?