TruckCoin, The Bitcoin Of Truckers- Where To Buy

Topic 5322 | Page 2

Page 2 of 2 Previous Page Go To Page:
Tevasu D.'s Comment
member avatar

I saw the website. Just type in Truck Coin, and it will be one of the first links that shows up. It looks like...

1) a nicely set up scam, or 2) another place to sell Bitcoin.

I am curiuous. Why do you say scam? What is scammy about truck coin or bit coin. Did you know that Germany considers bitcoin legal tender and our own US Government has now legalized alternative coins when the IRS classified them as legal property and is to be taxed as such. Its just another way to think about money, another way to move value. Why really do you say scam?

Colleen W.'s Comment
member avatar

double-quotes-start.png

I saw the website. Just type in Truck Coin, and it will be one of the first links that shows up. It looks like...

1) a nicely set up scam, or 2) another place to sell Bitcoin.

double-quotes-end.png

I am curiuous. Why do you say scam? What is scammy about truck coin or bit coin. Did you know that Germany considers bitcoin legal tender and our own US Government has now legalized alternative coins when the IRS classified them as legal property and is to be taxed as such. Its just another way to think about money, another way to move value. Why really do you say scam?

Because it's not real money even though you buy it with real money. Credit is a loan of real money, debit is a withdraw of real money. This is neither. It's a made up currency.

Brian W.'s Comment
member avatar

Think of it as facebook gold...If facebook went under, where would you spend it. The American dollar is no longer backed by gold or silver, just the gov's promise that it is good. The dollar will fall as the world currency and then that copper will be worth a whole lot more. Hold on to ya metals because that and bartering will be the means to eat when it collapses.

Tevasu D.'s Comment
member avatar

double-quotes-start.png

double-quotes-start.png

double-quotes-start.png

I saw the website. Just type in Truck Coin, and it will be one of the first links that shows up. It looks like...

1) a nicely set up scam, or 2) another place to sell Bitcoin.

double-quotes-end.png

double-quotes-end.png

I am curiuous. Why do you say scam? What is scammy about truck coin or bit coin. Did you know that Germany considers bitcoin legal tender and our own US Government has now legalized alternative coins when the IRS classified them as legal property and is to be taxed as such. Its just another way to think about money, another way to move value. Why really do you say scam?

double-quotes-end.png

Because it's not real money even though you buy it with real money. Credit is a loan of real money, debit is a withdraw of real money. This is neither. It's a made up currency.

Colleen, well, what is the difference if you take real money ( which some economist consider the most unreal thing in the world) and buy a baseball card of your favorite ball player. Where and the heck do people come up with the value of the baseball card? Its subjective! One day the baseball player is in and then the next day he can be out. But none the less a popular baseball card can sell for thousands of dollars. But really when you think about it, what a crazy kind of scammy thing that people print up and sell faces of people for dollar bills. Bitcoins and other alternative coins are kinda like baseball cards but unlike baseball cards they serve the function of transferring and recording data across thousands of miles in a second. A bitcoin or truck coin is nothing more than a dynamic public ledger of financial transaction with the prime element of the transaction being a unique encrypted chain of numbers that belong to you. A truckcoin/bitcoin is a unique number that is formed when a cryptographic/algorithmic problem is solved by your computer or someone else's . You own that number. That number means nothing until a group of people decide they are willing to make it worth something and to trade it amongst themselves. This is the part that you probably don't like, the fact that people get together and through consensus determine what a coin is worth. But really that is exactly what is going on with the US Dollar. There is no gold behind the dollar. We have been off the gold standard for decades. Its all subjective. As long as the world accepts the US dollar as the reserve currency then it will have value. Many economist , politicians and business people think that the US Dollar will collapse, that true insanity has set into the Feds. People are looking all over , some scrambling to find a place to put their dollars in hopes that their investment might preserve or enhance the value of the dollar. Thousands of people began investing in bitcoin right after the Cyprus banking fiasco that many felt would go viral. They did that because it , bitcoin, was not controlled by a government or a bank that could seize their money. Also the coins could me moved quickly without fees across international borders. The trend to find safety plus the intrinsic logic and efficiency of pure, decentralized, digital money not under the control of self serving governments and bankers is winning over both the mom and pops of the world plus now huge hedge funds on Wall St. Keep an open mind on this. Best to you!

Rolling Thunder's Comment
member avatar

Just wanted to add to the conversation. I am extremely skeptic about the bit/truckcoin deal, but, just to show some diligence:

Some things you need to know

If you are about to explore Bitcoin, there are a few things you should know. Bitcoin lets you exchange money in a different way than with usual banks. As such, you should take time to inform yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases! IconSecuring your wallet

Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly. Always remember that it is your responsibility to adopt good practices in order to protect your money. Read more about securing your wallet. IconBitcoin price is volatile

The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. Consequently, keeping your savings with Bitcoin is not recommended at this point. Bitcoin should be seen like a high risk asset, and you should never store money that you cannot afford to lose with Bitcoin. If you receive payments with Bitcoin, many service providers can convert them to your local currency. IconBitcoin payments are irreversible

Any transaction issued with Bitcoin cannot be reversed, they can only be refunded by the person receiving the funds. That means you should take care to do business with people and organizations you know and trust, or who have an established reputation. For their part, businesses need to keep control of the payment requests they are displaying to their customers. Bitcoin can detect typos and usually won't let you send money to an invalid address by mistake. Additional services might exist in the future to provide more choice and protection for the consumer. IconBitcoin is not anonymous

Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. This is one reason why Bitcoin addresses should only be used once. Always remember that it is your responsibility to adopt good practices in order to protect your privacy. Read more about protecting your privacy. IconInstant transactions are less secure

A Bitcoin transaction is usually deployed within a few seconds and begins to be confirmed in the following 10 minutes. During that time, a transaction can be considered authentic but still reversible. Dishonest users could try to cheat. If you can't wait for a confirmation, asking for a small transaction fee or using a detection system for unsafe transactions can increase security. For larger amounts like 1000 US$, it makes sense to wait for 6 confirmations or more. Each confirmation exponentially decreases the risk of a reversed transaction. IconBitcoin is still experimental

Bitcoin is an experimental new currency that is in active development. Although it becomes less experimental as usage grows, you should keep in mind that Bitcoin is a new invention that is exploring ideas that have never been attempted before. As such, its future cannot be predicted by anyone. IconGovernment taxes and regulations

Bitcoin is not an official currency. That said, most jurisdictions still require you to pay income, sales, payroll, and capital gains taxes on anything that has value, including bitcoins. It is your responsibility to ensure that you adhere to tax and other legal or regulatory mandates issued by your government and/or local municipalities.

OWI:

Operating While Intoxicated

EPU:

Electric Auxiliary Power Units

Electric APUs have started gaining acceptance. These electric APUs use battery packs instead of the diesel engine on traditional APUs as a source of power. The APU's battery pack is charged when the truck is in motion. When the truck is idle, the stored energy in the battery pack is then used to power an air conditioner, heater, and other devices

Tevasu D.'s Comment
member avatar

Just wanted to add to the conversation. I am extremely skeptic about the bit/truckcoin deal, but, just to show some diligence:

Some things you need to know

If you are about to explore Bitcoin, there are a few things you should know. Bitcoin lets you exchange money in a different way than with usual banks. As such, you should take time to inform yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases! IconSecuring your wallet

Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly. Always remember that it is your responsibility to adopt good practices in order to protect your money. Read more about securing your wallet. IconBitcoin price is volatile

The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. Consequently, keeping your savings with Bitcoin is not recommended at this point. Bitcoin should be seen like a high risk asset, and you should never store money that you cannot afford to lose with Bitcoin. If you receive payments with Bitcoin, many service providers can convert them to your local currency. IconBitcoin payments are irreversible

Any transaction issued with Bitcoin cannot be reversed, they can only be refunded by the person receiving the funds. That means you should take care to do business with people and organizations you know and trust, or who have an established reputation. For their part, businesses need to keep control of the payment requests they are displaying to their customers. Bitcoin can detect typos and usually won't let you send money to an invalid address by mistake. Additional services might exist in the future to provide more choice and protection for the consumer. IconBitcoin is not anonymous

Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. This is one reason why Bitcoin addresses should only be used once. Always remember that it is your responsibility to adopt good practices in order to protect your privacy. Read more about protecting your privacy. IconInstant transactions are less secure

A Bitcoin transaction is usually deployed within a few seconds and begins to be confirmed in the following 10 minutes. During that time, a transaction can be considered authentic but still reversible. Dishonest users could try to cheat. If you can't wait for a confirmation, asking for a small transaction fee or using a detection system for unsafe transactions can increase security. For larger amounts like 1000 US$, it makes sense to wait for 6 confirmations or more. Each confirmation exponentially decreases the risk of a reversed transaction. IconBitcoin is still experimental

Bitcoin is an experimental new currency that is in active development. Although it becomes less experimental as usage grows, you should keep in mind that Bitcoin is a new invention that is exploring ideas that have never been attempted before. As such, its future cannot be predicted by anyone. IconGovernment taxes and regulations

Bitcoin is not an official currency. That said, most jurisdictions still require you to pay income, sales, payroll, and capital gains taxes on anything that has value, including bitcoins. It is your responsibility to ensure that you adhere to tax and other legal or regulatory mandates issued by your government and/or local municipalities.

Rolling Thunder, Excellent information

OWI:

Operating While Intoxicated

EPU:

Electric Auxiliary Power Units

Electric APUs have started gaining acceptance. These electric APUs use battery packs instead of the diesel engine on traditional APUs as a source of power. The APU's battery pack is charged when the truck is in motion. When the truck is idle, the stored energy in the battery pack is then used to power an air conditioner, heater, and other devices

Page 2 of 2 Previous Page Go To Page:

New Reply:

New! Check out our help videos for a better understanding of our forum features

Bold
Italic
Underline
Quote
Photo
Link
Smiley
Links On TruckingTruth


example: TruckingTruth Homepage



example: https://www.truckingtruth.com
Submit
Cancel
Upload New Photo
Please enter a caption of one sentence or less:

Click on any of the buttons below to insert a link to that section of TruckingTruth:

Getting Started In Trucking High Road Training Program Company-Sponsored Training Programs Apply For Company-Sponsored Training Truck Driver's Career Guide Choosing A School Choosing A Company Truck Driving Schools Truck Driving Jobs Apply For Truck Driving Jobs DOT Physical Drug Testing Items To Pack Pre-Hire Letters CDL Practice Tests Trucking Company Reviews Brett's Book Leasing A Truck Pre-Trip Inspection Learn The Logbook Rules Sleep Apnea
Done
Done

0 characters so far - 5,500 maximum allowed.
Submit Preview

Preview:

Submit
Cancel

This topic has the following tags:

The Economy And Politics
Click on any of the buttons above to view topics with that tag, or you can view a list of all forum tags here.

Why Join Trucking Truth?

We have an awesome set of tools that will help you understand the trucking industry and prepare for a great start to your trucking career. Not only that, but everything we offer here at TruckingTruth is 100% free - no strings attached! Sign up now and get instant access to our member's section:
High Road Training Program Logo
  • The High Road Training Program
  • The High Road Article Series
  • The Friendliest Trucker's Forum Ever!
  • Email Updates When New Articles Are Posted

Apply For Paid CDL Training Through TruckingTruth

Did you know you can fill out one quick form here on TruckingTruth and apply to several companies at once for paid CDL training? Seriously! The application only takes one minute. You will speak with recruiters today. There is no obligation whatsoever. Learn more and apply here:

Apply For Paid CDL Training