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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.
http://www.mintcoinofficial.eu/ Mintcoin is a community owned and operated pure proof-of-stake crypto-coin. Save your coins in your wallet and earn the annual percentage rate while securing the Mintcoin network. Fast. Secure. Energy Efficient. Digital Internet Money. Mintcoins literally mint coins. Join us, we'll teach you how to mint coins. Start the process of minting your own coins today!
The economic fallout from COVID-19 has led many to reconsider their investment strategies, but some argue there is no need to reinvent the wheel. Peter Mallouk, chief investment officer at Creative Planning, pushes back against trying to ‘strike it rich’ with more “speculative assets.” According to Mallouk, investors should “focus on buying the stocks of traditionally stable […]
08-24 07:45 - 'Should I invest in bitcoins or in BAT (basic attention token)' (self.Bitcoin) by /u/iTziSteal removed from /r/Bitcoin within 37-47min
''' So I get a major part of my earnings in form of a crypto token named BAT which I always used to convert into bitcoins. Right now I don’t invest my bitcoins anywhere I am just holding it. Now from what I have seen price of BAT is increasing and so is price of bitcoins so should I hold my earning in form of BAT only and then later convert it into bitcoins later when I need to cash out (probably after few years) or should I convert BAT to bitcoins and then hold it. ''' Should I invest in bitcoins or in BAT (basic attention token) Go1dfish undelete link unreddit undelete link Author: iTziSteal
Bitcoin has been one of best-performing asset classes this year, rallying about 30% to $9,500, while the S&P 500 Index has dropped 11%. “While traditional markets grow uncertain, we can expect more investors to use Bitcoin as an inflation hedge and to protect their assets against currency devaluation,” If Bitcoin is, one day, become a safe haven, it will be on the merits of its inability to be confiscated by governments, say some investors. “It's a 'safe haven; in terms of it being seizure resistant, not in terms of price stability,”
How much should I invest in Bitcoin? Will it increase in value anytime soon?
I've been very interested in Bitcoin for a few months now but I don't even know where to start or if it's even worth it in this day and age (not trying to sound rude or pessimistic I just have no idea). I don't know if I should start out by investing $10-$100 or even $1,000. I don't know what would give me the best outcome. I've also been hearing that Bitcoin may rise substantially on the 24th is the this true? If anyone can help me with a guide or how to start it would be much appreciated!! Also what wallet is a good wallet?
When I first noticed Bitcoin, it was hovering around $11 in 2012. I tried to start mining, but quickly realized my Macbook Pro’s processing power wasn’t sufficient to justify the time and energy it would take to get up and running. I never mined a single Bitcoin, but I did quite a bit of research. I rapidly read articles on Bitcoin, its past and its future. I watched tutorials on how to mine Bitcoin and the mechanics of its payout system. I browsed all the major forums, for opinions from Bitcoin owners. This isn’t me trying to brag about my foresight in spotting Bitcoin before it became big. As a technology enthusiast, this was just one of the many tech crazes I explored. Many of these failed quietly or haven’t yet satisfied the hype (3D printing). If there was one consensus among Bitcoin owners in 2012, it was that they truly believed in Bitcoin. Enthusiasts foresaw the potential revolutionary impact of a de-centralized currency. Libertarians hoped for an end to the monopoly of the dollar. Despite its problems, the future looked bright, and early adopters invested on that premise. Today, many purchase BTC with no basis other than the gargantuan number beside the ticker and an exponential price chart. With every sharp increase, more and more speculators purchase BTC, with nothing but a hunch as vindication. Answers appear on Quora, where writers ‘guarantee’ BTC will rise to $25,000+. Yesterday, I talked to someone who purchased 1 BTC, at ~$12,500. He excitedly revealed that he had earned a 25% return within 24 hours, as BTC rose to $16,500. I interrupted to ask what had prompted him to buy BTC in the first place. His only response was that he saw the pattern of BTC’s growth and didn’t believe the profits would end anytime soon. My friend is normally a rational, intelligent person, whose opinions I seek and respect. As such, I was astounded to hear his speculation was based solely on a hunch. My response was simple. I showed him a chart of an even bigger growth stock than BTC, at the height of the tech bubble in 2000. At the height of its powers, Cisco was the largest company in the world. Like Bitcoin, for over a decade the stock had been exponentially rising, posting a 265,100% return between IPO and peak price. But then the party stopped and the bubble burst. From 2000–2002, Cisco lost 88% of its value. The stock never fully recovered, and still lingers as a shadow of its former formidable self. Cisco isn’t an isolated example. History is filled with examples of ‘the next best thing’ with an astounding growth record but without the fundamentals to back up these crazy valuations. Tulipmania, the South Sea company and the Mississippi company are just some of these precedents. I then asked another simple question, to forget about the share price, and to imagine he could never sell the stock on an exchange. If he had to buy BTC at $16,500 and could never sell it on any exchange, would he be happy to hold BTC, as an investment which he could only use as a currency in shops, as he would the Euro or the US dollar? Would he be happy to use BTC for its intended purpose, not just to make a quick profit. I invite you to ask yourself the same question. BTC is currently worth a collective $267 billion. Do you believe that BTC could buy $267 billion worth of items, either online or in brick and mortar stores? You may strongly believe BTC will become accepted as a fiat currency, but even then what makes you believe each BTC will be worth more than it is today? Is it not already priced into the market? Considering the lack of assets or government guarantor to act as collateral, why is BTC worth more than the paper clip on my desk? These are all questions you have to ask before purchasing BTC. We’re in the middle of a 9 year bull market, the 2nd longest in history. Markets have been rising so long, they’ve all but forgotten the possibility of a crash. People are buying a ticker, without any consideration for the underlying asset. Ultimately, BTC is at its current price because no-one is certain it will go up or down. I believe it's grossly overvalued, and the underlying asset doesn't deserve a value of $267 billion. That's why I can't recommend investing in BTC.
I have always wanted to invest in bitcoin, but i never knew if it was worth the investment at my age. Do you have to buy the whole coin? If not, what percentage of the coin should i buy? I think it would be pretty neat owning a different currency. What are the most popular companies to buy bitcoin from? Edit: My age is 23.
You should not invest in Bitcoin. The reason why is that it’s not an investment; just as gold, tulip bulbs, Beanie Babies, and rare baseball cards are also not investments. It should also be noted that you can also invest in Bitcoin through a CFD (Contract For Difference) platform. Essentially, a CFD is a financial product that allows you to speculate on the future value of an asset, without actually owning or holding that asset. Should you buy Bitcoin right now? For these reasons, you may be best served by waiting to buy Bitcoin until it can better fulfill its primary use cases as a store of value and means of payment. Because Bitcoin is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin itself is secure, but bitcoins are only as secure as the wallet storing them. Investing in bitcoin is no joke, and securing your investment should be your top priority. Should you Invest in Bitcoin Mining? Bitcoin has seen renewed interest this year; here is what investors need to know. Should You Invest in Bitcoin & Blockchain ETFs? - September 17, 2020 - Zacks.com
Bitcoin is exploding! leaving many asking the question, Should I invest in bitcoin? In this video you will find information about how bitcoin works, how currencies work and how bitcoin is valued. 2020 is going to be a big year for Bitcoin and XRP but which crypto will give you the best return for your investment. In today's video we will dive into the age old question of XRP vs bitcoin ... SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Most have never used Bitcoin and probably don't know exactly what it is. Although, estimates show that over 16 ... With Bitcoin price increasing over the years and reaching billions of dollars in market capitalization, all kinds of people see its value and appeal. This br... All about Should I invest in Bitcoin? - Quora, invest in bitcoin states). Like its stock-trading platform, Robinhood charges no charges for bitcoin trades. TradeStation likewise provides crypto ...