Search results

You are right, yet today alone if you bought and sold at the right time you would have made $3000 AUD per coin. You don't have to believe in something to understand you can make money with it.

To me it is quite simple. You can make large profits (and losses) with cryptocurrency. It is very hard to do the same with precious metals in similar periods of time. This doesn't make gold or silver or PMs bad it just makes them different. If the internet collapses or is restricted then...

Any time they make it a law that you have to 'self report' it means they have no idea what you are doing. They have no way of knowing your crypto balances and they don't like that. But you are right cash is exactly like that but I guess the politicians take bribes in cash so they don't want to...

Millions of World of Warcraft players will have to put their WoW gold on their tax returns now?

Yes you are exactly right. I believe some altcoins have developed alternatives to the fee structure but who knows if any of them will be popular. For me personally it seems way more people are only interested in bitcoin in the hopes of getting rich. Then there is a small minority of people that...

I dont think the whole world wants bitcoin, Im just stating that whoever in the world wants bitcoin is actually bidding for a maximum of 14 million bitcoins vs the theoretical max of 21 million. There is still more bitcoin to be mined but over 7 million bitcoins has already been destroyed never...

Yes I agree, Bitcoin is more about an investment in this type of technology more than "is bitcoin going to be the only future". When it comes to digital currencies in the short term nothing is going to be stronger than bitcoin and there are a lot of rich people with too much government fiat...

If they are trying to ban hoarding of notes won't this just encourage more people to hoard in silver and gold?

I see PMs like insurance if something goes wrong with the economy. If you want to make a lot of money you need to invest in riskier things like bitcoin, of course you can also lose a lot of money the same way. No risk no reward they say. Hard to see how investing in silver or gold will ever lose...

Congrats! Working is overrated, if you keep making big profits maybe you can retire soon. ;)