UPDATE - page 44. | Bitcointalksearch.org

NextTroll

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Quote from: kaselit on October 28, 2015, 11:34:56 AM

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

Bitcoin is good for savings for the long term

Betwrong

legendary

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I stand with Ukraine.

Quote from: traderbit on October 30, 2015, 08:00:56 AM

Quote from: Krakersik on October 30, 2015, 07:59:31 AM

BTC = USD - it is the same, please Cheesy

Why do you think it is the same, same on what.
Bitcoin is a digital (virtual) currency and dollar is physical and digital currency too.
Also bitcoin is a platform itself, it is all open, and all transaction are visible to the public.

That was a troll posr I guess.

Of course BTC is not equal to USD. If you have any doubt about this statement please take a look

http://preev.com/

It is obviously more than USD x 300. So they are not equal. )

AdopterOfCoin

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Quote from: deon on October 30, 2015, 08:04:35 AM

There are rumors of negative interest rate and cash confiscation in the US. I can see it happening.

Zero interest rates are what is supporting the stock market. Bitcoin is a good way to trade without going to banks and maybe hold onto your wealth.

Interest rate is negative. We all know that.

There will be no cash confiscation. The Fed will just print more dollar bill. That is the same as cash confiscation.

deon

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There are rumors of negative interest rate and cash confiscation in the US. I can see it happening.

Zero interest rates are what is supporting the stock market. Bitcoin is a good way to trade without going to banks and maybe hold onto your wealth.

traderbit

hero member

Activity: 798

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Quote from: Krakersik on October 30, 2015, 07:59:31 AM

BTC = USD - it is the same, please Cheesy

Why do you think it is the same, same on what.
Bitcoin is a digital (virtual) currency and dollar is physical and digital currency too.
Also bitcoin is a platform itself, it is all open, and all transaction are visible to the public.

Krakersik

newbie

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BTC = USD - it is the same, please Cheesy

traderbit

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Quote from: lexuz on October 30, 2015, 04:35:31 AM

Quote from: CoinThug on October 30, 2015, 04:21:28 AM

Well with BTC is cheaper to transfer to other country. If you do with normal money than it cost 5 or 10 dollars.

Agree if we talk about fee but if we talk about investment dollar is would be safe than bitcoin because dollar is strong to many currency

Even for investment i think that bitcoin is stronger.
I think that dollar loose its value by 2% every year.
Because of the inflation that happens to fiat money.

lexuz

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Me, myself and I

Quote from: CoinThug on October 30, 2015, 04:21:28 AM

Well with BTC is cheaper to transfer to other country. If you do with normal money than it cost 5 or 10 dollars.

Agree if we talk about fee but if we talk about investment dollar is would be safe than bitcoin because dollar is strong to many currency

CoinThug

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Well with BTC is cheaper to transfer to other country. If you do with normal money than it cost 5 or 10 dollars.

cellard

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Quote from: jaberwock on October 29, 2015, 07:46:43 PM

Quote from: pereira4 on October 28, 2015, 11:39:04 AM

The total debt of the USA is about 20 trillion dollars. That's a ton of debt per citizen. With Bitcoin you know that you will never be under heavy debt for life, where your money isn't really yours because it's on a bank that may steal it from you. You know you aren't funding wars by supporting a goverment issued currency with secret agendas. You don't need to pay ridiculous fee for worldwide payments. More privacy..

Of course that everyday people don't have any problems paying a credit card or whatever, but think long term. Once goverment starts their total control of money plans, they will look for alternatives. Cash will be dead in the next decade.

Make a fractional bitcoin debit system is possible too. May be something legal or some insolvent exchange. The system will do it with BTC one way or another

But with BTC there will be no workaround, when people demand their money the system will collapse, unlike fiat, that you can print more or give more credit

What? are you suggesting that people will run out of Bitcoin? That's nonsense. You are forgetting that the entire Bitcoin economy could run in 1 BTC only. We can make it divisible, as much we like. Bitcoin will always be liquid and the more people that come the better. It will just mean 1 BTC will be 1 million dollars or more, we'll have less volatility because it will be harder to manipulate the market. There will always be a constant flow of Bitcoin.

In any case sidechains will allow for anything to be possible.

jaberwock

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Quote from: pereira4 on October 28, 2015, 11:39:04 AM

The total debt of the USA is about 20 trillion dollars. That's a ton of debt per citizen. With Bitcoin you know that you will never be under heavy debt for life, where your money isn't really yours because it's on a bank that may steal it from you. You know you aren't funding wars by supporting a goverment issued currency with secret agendas. You don't need to pay ridiculous fee for worldwide payments. More privacy..

Of course that everyday people don't have any problems paying a credit card or whatever, but think long term. Once goverment starts their total control of money plans, they will look for alternatives. Cash will be dead in the next decade.

Make a fractional bitcoin debit system is possible too. May be something legal or some insolvent exchange. The system will do it with BTC one way or another

But with BTC there will be no workaround, when people demand their money the system will collapse, unlike fiat, that you can print more or give more credit

maokoto

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Quote from: pereira4 on October 28, 2015, 11:39:04 AM

The total debt of the USA is about 20 trillion dollars. That's a ton of debt per citizen. With Bitcoin you know that you will never be under heavy debt for life, where your money isn't really yours because it's on a bank that may steal it from you. You know you aren't funding wars by supporting a goverment issued currency with secret agendas. You don't need to pay ridiculous fee for worldwide payments. More privacy..

Wow, I had not seen it that way. Really revealing and eye opening.

Thanks for sharing

harrymmmm

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Quote from: kfarnan on October 28, 2015, 01:30:57 PM

Quote from: Vika NSFW on October 28, 2015, 01:20:06 PM

Quote from: smith coins on October 28, 2015, 01:05:02 PM

not controlled by someone comparing to dollar.

If no one will give not dollars in front of Bitcoin, the price of Bitcoin will result 0,
and there are many ways to control exchange markets or putting posess of Bitcoin illegal.

The free market will always trump the PTB. Their systems of control are failing.

I'm not so sure about that 'always'.
Imagine a world where bitcoin, assange and snowden were delayed 10 years.
We'd have 100% surveillance, 100% money control, 100% government control by corporates and very powerful computers monitoring it all.

I think we might have just squeaked in; we might be able to mount defenses quickly enough with our new tools and return to 'free'.

Amph

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Quote from: Btcforall on October 28, 2015, 03:01:08 PM

Quote from: ?? on ??

Do you think that who now have 10 or 100 BTC can became "milionare" in the future?

Even today if someone has 100 btc,he is millionaire in most parts of the world

being millionary in a country where you cna be rich with only 30k isn't something to be proud about, the country would be so poor that there won't be much to buy

traderbit

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Activity: 798

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Quote from: kaselit on October 28, 2015, 11:34:56 AM

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

I would not say that the percentage is 10%.
That is simple to much, anyway bitcoin is really hard to replace dollar.
Dollar is maintained by other institutions and bitcoin mostly nobody(community)

Betwrong

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I stand with Ukraine.

Quote from: Tstar on October 29, 2015, 12:31:36 PM

Quote from: rokkyroad on October 29, 2015, 12:21:48 PM

Quote

Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.

I've always advocated that especially when btc was under $250. A small investment that *could* reap a fortune in years to come.

I know the idea is to get btc used as a mainstream currency but in the interim putting away one single bitcoin is a good idea. If it never becomes a viable currency it could very well remain a tremendous store of wealth.

BTC is divisible very easily. To send 1$ or 1000$ or more in BTC does not make much difference. To move 1$ in the real world is easy, 1000$ so and so but try to move 100000$ and see what happens.

We often see this huge transaction of more than a thousand dollar moving on the blockchain.

I don't know if it is just me but I am still amazed by this fact.

Yeah, me too. I think they go from some exchange or something, but still it's amazing. Just now I saw 95 BTC transaction on the blockchain and 30 seconds later this:

https://blockchain.info/tx/e2647c81062111fddfbcdb849259eef7dfbd2d0217a2d0383131a7d7cf98e26b

Amazing really )

Tstar

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Decentralized Asset Management Platform

Quote from: rokkyroad on October 29, 2015, 12:21:48 PM

Quote

Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.

I've always advocated that especially when btc was under $250. A small investment that *could* reap a fortune in years to come.

I know the idea is to get btc used as a mainstream currency but in the interim putting away one single bitcoin is a good idea. If it never becomes a viable currency it could very well remain a tremendous store of wealth.

BTC is divisible very easily. To send 1$ or 1000$ or more in BTC does not make much difference. To move 1$ in the real world is easy, 1000$ so and so but try to move 100000$ and see what happens.

We often see this huge transaction of more than a thousand dollar moving on the blockchain.

I don't know if it is just me but I am still amazed by this fact.

rokkyroad

legendary

Activity: 1090

Merit: 1000

Quote

Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.

I've always advocated that especially when btc was under $250. A small investment that *could* reap a fortune in years to come.

I know the idea is to get btc used as a mainstream currency but in the interim putting away one single bitcoin is a good idea. If it never becomes a viable currency it could very well remain a tremendous store of wealth.

BitcoinCounty

newbie

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Quote from: Bitcoininspace on October 28, 2015, 03:30:22 PM

Quote from: ?? on ??

In a period of crysis like now in Italy, what can help BTC?

Like I have suggested some Mediterranean friends, put a certain % of your pay into bitcoin. Please, over 1 million people can't be wrong who use and understand bitcoin and the power that comes with it and what it will be able to do in the future.

Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.

Bitcoininspace

sr. member

Activity: 574

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Quote from: ?? on ??

In a period of crysis like now in Italy, what can help BTC?

Like I have suggested some Mediterranean friends, put a certain % of your pay into bitcoin. Please, over 1 million people can't be wrong who use and understand bitcoin and the power that comes with it and what it will be able to do in the future.

Topic: UPDATE - page 44. (Read 41038 times)