The truth about bitcoin | Bitcointalksearch.org

fuding12

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Quote from: dohh on June 25, 2018, 05:53:26 AM

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

Well, and that is the purpose of a group of governments create "universal monetary rules", they try to convince you that only ''something'' who fulfill that rules can be called money or store of value.

While Bitcoin is an ongoing revolution, Bitcoin comes to oppose this unfair monetary system, why is that? The national currency is a real fraud, People in Venezuela, Japan, Zimbabwe, etc. knows what it's like to see money from their efforts evaporate. That is a real proof that monetary system that created by a handful of government are unfair. because the economy can only run efficiently if the value is expressed in an impartial manner.

Quote from: dohh on June 25, 2018, 05:53:26 AM

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

Bitcoin is technology, it is a digital currency, and that is a fully decentralized payment network, Proof of work concept guarantees that computing power is used, hardware and electricity are spent on taking coins. That's more than the intrinsic value of fiat money offered by any governments.

Brama Jasa

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Quote from: Jian_Liux on September 22, 2018, 07:25:34 AM

Everything that will make a profit must have a risk of loss, as well as bitcoin. Many people have made huge profits through bitcoin and there are also some people who suffer losses through bitcoin, so there are a variety of views on bitcoin which are both positive views and negative views of people around the world. But the truth is that bitcoin is an investment that promises considerable profits, but in it there is also a risk of large losses.

people who have benefited from the existence of bitcoin are smart people and not only think of profits, and people who experience losses are people who don't know what they are and just want to get short profits without knowing what crypto is and the risk if they invest long term and short term , you are right there is no work that makes money without the risk of loss, especially in a large business in the world of cryptocurrency you can get rich instantly and you can become poor instantly all depends on the person who controls it

ABIR HASAN

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I am a true believer in Bitcoin as store of value/digital gold.It is high price. There are many people follow the bitcoin.

NorihiroName

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Of course it is not free, maybe it've been so in the very beginning (when it was like 20 cents per BTC) but not now, you have to contribute a lot of effort to earn something here.

Haroldsilve

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Why is someone believing that bitcoin is a freebie? The real truth about Bitcoin is that we are still in a very early stage and we still have room to grow! Bitcoin comes from coins and bits and is an online payment system that starts as open source software. It is used all over the world and became popular since it was first introduced in 2008. Bitcoin can make you rich as long as you are willing and really working hard in targeting. This. It can give you high profits from Inveament opportunities. All participants in this system become the emission center, they exploit the currency and in the future this currency will be accepted by other network members as an alternative means of payment. Then more and more people believe that a computer algorithm supporting the function of this system can not be attacked, can not rewrite the transaction at all nodes of the network. But still the last motive of bitcoin creators is the departure from the fiat. Thus, a contradiction arises between the goals of bitcoin makers and the goals of current investors. We see large bitcoin holders manipulate the market and the unwillingness of states (yet) to accept bitcoin legally.

Btcmaeng18

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Quote from: sunita01 on June 25, 2018, 06:17:52 AM

Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.

Yes I agree with you. Bitcoin is very helpful. It is really true that bitcoin can make you rich as long as you are willing and really working hard in aiming this.

dohh

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Quote from: yanesna3 on September 23, 2018, 12:54:01 PM

Quote from: hungsanh2512 on September 20, 2018, 10:56:11 PM

Cryptocurrency in the future is considered an attractive investment channel for investors of large and small. The fluctuation of Bitcoin has made the world famous investors pay attention.

Bitcoin volatility lets us earn the money. The most skillful traders can make millions on it. I am happy that several years ago I took a decision to buy BTC and hold them.

This is essentially money, someone else loses.

cosmoo

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Some people who know nothing about Bitcoin and cryptocurrency thinking that Bitcoin is easy money. Than they are investing in it, when it's 18k$.

yanesna3

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Quote from: hungsanh2512 on September 20, 2018, 10:56:11 PM

Cryptocurrency in the future is considered an attractive investment channel for investors of large and small. The fluctuation of Bitcoin has made the world famous investors pay attention.

Bitcoin volatility lets us earn the money. The most skillful traders can make millions on it. I am happy that several years ago I took a decision to buy BTC and hold them.

Epimetheus

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Quote from: sunita01 on June 25, 2018, 06:17:52 AM

Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.

The truth about bitcoin is it is a decentralised digital currency. Because of its decentralised nature it doesn't under control of any kind of authority or government. And it is a highly volatile currency, so another truth is it is a non profitable cryptocurrency because of its high volatile many time investor loss their money. And bitcoin is also use as for wrong things or for criminal things. Its untraceable money transaction facility is become an asset for illegal money transfer and for some other criminal purposes like cyber crime, kidnapping, etc. Another truth is it has potential to lead the future economy market.

Spontebob

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Quote from: brickafterbrickwalldpt on June 25, 2018, 06:09:02 AM

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

In both fiat and cryptocurrency, yes it is. I just said this awhile ago but I believe there’s no easy money at all. Virtual and reality may it be. Risks, challenges, loss and such will always be in the side of everything but you will earn it if you work hard for it isn’t?

mmo_online_1981

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Bitcoin is of great interest, Bitcoin's core value is evaluated by the profit that can be earned when investing. May be all or nothing

Drakula

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Quote from: adpinbr on September 22, 2018, 10:14:35 AM

I suggest you investment in bitcoin and try learning it a bit more because you might miss out something that is going to be huge in the near future.

Yeah i agree with you there. Invest in it. Work on it. Maximize profitability on it. Trust me you would never go wrong of choosing to invest. Better for risk takers.

adpinbr

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I suggest you investment in bitcoin and try learning it a bit more because you might miss out something that is going to be huge in the near future.

arhivol

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I think it's better to own a bitcoin then not own any bitcoin in the crazy shit world we live in.

Look at Turkey, Iran and Venezuela.

You will never know, in what situation you will end up in or what price will bitcoin climb to.

In that sense it's worth to invest a bit in it and then just forget about it.

seanskie18

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SOL.BIOKRIPT.COM

The truth about bitcoin are: it will help us to gain or get profits from investing, trading and supporting bitcoin, it will help us to be a successful person in the world, help to know more knowledge about the importance of bitcoin or cryptocurrencies in our lives and also all people will benefitted from it. That's the truth about bitcoin.

basici

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you are good describe all the nuances but I advise you to invest in bitcoin right now because this technology is behind the future

Antony85

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It's not just about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even want to read about them. I know that some people are introduced to the market the wrong way. They describe Bitcoin in the wrong way. Do they say it is a fast way to make money or not, it doesn't matter. You have to face reality now or you will be cheated.

Jian_Liux

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Everything that will make a profit must have a risk of loss, as well as bitcoin. Many people have made huge profits through bitcoin and there are also some people who suffer losses through bitcoin, so there are a variety of views on bitcoin which are both positive views and negative views of people around the world. But the truth is that bitcoin is an investment that promises considerable profits, but in it there is also a risk of large losses.

lenini

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Initially, Satoshi Nakamoto and his enthusiasts did not intend to exchange bitcoins for traditional money, they wanted to create their own alternative currency. All participants of this system became emission centers, they mining the currency and in the future this currency will be accepted by other network members as an alternative means of payment. Trust in bitcoin inside this group was created. Then more and more people believed that a computer algorithm that supports the functionality of this system can not be hacked, it is impossible to rewrite transactions at all nodes of the network. Bitcoin has gained popularity and trust. But still the ultimate motivation of the creators of bitcoin is the departure from fiat. Now most people use bitcoin not as a departure from fiat, but to sell it at a more expensive price for the same fiat. Thus, a contradiction arose between the goal of the creators of bitcoin and the goal of current investors. This gave rise to those processes that we are seeing now - volatility due to speculation. We see large holders of bitcoins manipulating the market and unwillingness of states (yet) to legally accept bitcoin. Sorry for the bad english.

Topic: The truth about bitcoin (Read 3989 times)