How to get money with bitcoin22 comments
Current litecoin difficulty rate my teacher
The Making of the Next Global Crisis. Rickards doesn't trust the bitcoin price action and doesn't believe the cryptocurrency will fare well in a financial crisis.
And if you think the government doesn't know "who" is mining bitcoin If you are mining and reporting the capital gains Almost all bitcoins will be mined in about a year, so no electricity costs involved in the long term Who is this guy? Regarding criminality, the US dollar is the most broadly currency used Again, who is this guy? How can this guy claim Bitcoin is for tax evaders and 5 minutes later say that the IRS will track you if you don't pay taxes on it?
Not very good for tax evaders then, is it? It's funny how agitated people get when someone says there is a huge probability and possibility that you are wrong about this thing. If I asked 1 person to lend me dollars of there hard earn cash for , they scratch their heads. They ask for my credit score. Yet, this same person will swear up and down wall street that bitcoin is here to stay. Same thing was said for so many pieces of technology, we can't even count.
In retrospect, the ones who got out early will brag about it at every dinner party, and the ones that got creamed will go to work wearing uniforms and having to ass kiss someone of low intellect. I usually say, you could be right but the idea of trading is to be right at any time. So being oblivious to it's downside, that will be the end of a lot of people. Don't be surprise, when your next door neighbor jumps before some form of transportation because he lost all the equity in his house and his daughter's college fund.
We are all too smart for our own good until we aren't. As far as bitcoin, I would say, invest any money you would mind losing the best casino house in vegas. That way you know you aren't taking much risk at this point. So he started with a liable story and ended up with threatening people with IRS. Great way to get your point through.. Its going too look stupid if the US dollars collapes and me trying too carry gold in pocket trying too use it using a hammer too break pieces off.
Go buy paper gold and silver in a highly manipulated precious metals market. You're sure to make gains in it! This guy is a whacko because the only bubble is in his head. Nobody knows how any currency will act or even exist 6 months from now. So many currencies have collapsed over the last 10 years while bitcoin is sovereign. Gold is a bubble, look at the chart long term in history. America is a bubble! Stock market is a bubble. Bitcoin isn't regulated but gold and silver is regulated by criminals aka wallstreet.
Other than that mining gold requires a physical capacity on the other hand mining bitcoin requires computing capacity which is bound to improve in the near future. Did he really say that Bitcoin is no good because of tax evasion and other criminal activities? Cause nobody has ever done anything illegal with fiat money, stocks, bonds or gold have they He's clearly not heard of staking, although he's right about bitcoin, other crypto will stay.
Jim's opinion is sound, his opinions, not conclusions, are based on knowledge, theories and proofs, not on blind speculations. This guy is worth listening to! But still as he says, buy if you want to. Give me bitcoin and i will let everybody know its a scam. I bet it was measured 40 years ago Biggest bubble in history.
Hard to imagine, I know: Many of the exchanges have been hacked, lots of people have lost money. Recently, doctors are harnessing gold for cancer treatment. Irrelevant, all currencies are going to be used for criminal activities. Crypto's are not an investment but gambling. Know this before going in.
If these doomsday people are truly correct, there is more than enough room for bitcoin, cryptos and gold. Gotta own both if you want to be prepared for that.
These anti-bitcoin arguments are very short sighted. Long term Blockchain and crypto will overcome many of the current shortcomings. That doesn't mean there is anything wrong with gold. It's not one or the other, but both. Get your facts straight old boy. He doesn't want to play in that space because? He's used to the standard form of criminality and feels crypto is too hot and he'll get caught.
So his reasoning for gold is There is a LOT less fraud in crypto That's it's point, by nature. I agree that the energy cost is high But this moron isn't considering that as efficiency increases cost decreases and value increases. Gold is complete bullshit and has absolutely no long term value. Last time I checked, data can't degrade over time Also, blockchain is essentially the internet of currency. This guy is old as fuck and living in the past. Moron doesn't understand that it's regulated via math!!!
He just called traders, miners. He doesn't know shit. That's like calling an accountant a stock trader. Some are complete scams like mysterious healing oil used by, allegedly, Jesus. Sorry fact is a fact. No one went to jail. They got a fine. You have to claim all gains Even in Bitcoin trade There's already a fucking fee! Cambridge House Where is Gold Going in ?