ackza's instagram Feed : 2019/03/18 19:35:47

in share2steem •  last month

#share2steem European Central Bank recently admitted how they print money out of thin air, and AGAIN they reveal their own corruption by claiming #bitcoin is not real money because it cannot be issued... by them... just imagine someone telling you they cant accept your gold coin but theyll accept counterfeit money, oh wait... So yeah instead of worrying about wether or not inflation will eat away your savings, it's best to just get some bitcoin while its still new and cheap and you can still earn it free by posting on steemit. There are also many airdrops where people are still giving away a few dollars here, 6 bucks there, 10 dollars there, you can stitch together a small fortune if you collect all the airdrops given away by all the crypto currency projects out there. My friends website is a great start for anyone looking for a lost of airdrops forms to fill out and get free airdrops of altcoins you can just later sell for btc and cash if you needed... I'd recommend holding them all long term but SOMETIMES it's better to sell when the price spikes... @supermeatboy once told me about an airdrop called pearl where if you had filled out the form and received your free tokens you could have actually sold them at the peak and made I believe 8 thousand dollars... you would have had to only hold them for a few weeks or month as well, but that's the problem because it seems counterintuitive, that you can make .ore money selling quickly than if you hold long term.. it's just a short term glitch due to volatility and us as humans zooming into this period of time... we need to just zoom out and realize if we KEEP holding and the project is solid than we can actually go up HIGHER than previous all time highs... the demand is still there for bitcoin and serious altcoin projects and always will be for as long as central banks print money....

I repost my instagram feed to Steem with which I see as a gateway for people to bring content to steem and to bring millions of new users to steem to get paid for existing social media

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Bitcoin offers an efficient means of transferring money over the internet and is controlled by a decentralized network with a transparent set of rules, thus presenting an alternative to central bank-controlled fiat money. There has been a lot of talk about how to price bitcoin and we set out here to explore what bitcoin's price might look like in the event it achieves some level of widespread adoption.

Our first assumption is that bitcoin will derive its value both from its use as a medium of exchange and as a store of value. As a footnote to this assumption, it should be stated that bitcoin's utility as a store of value is dependent on its utility as a medium of exchange. We base this in turn on the assumption that for something to be used as a store of value it needs to have some intrinsic value, and if bitcoin does not achieve success as a medium of exchange, it will have no practical utility and thus no intrinsic value and won't be appealing as a store of value.

Our second assumption is that the supply of bitcoin will approach 21 million as specified in the current protocol. To give some context, the current supply of bitcoin is around 17 million, the rate at which bitcoin is released decreases by half roughly every four years, and the supply should get past 19 million in the year 2022. The key part of this assumption is that the protocol will not be changed.

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