Bitcoin Forum
July 04, 2024, 10:41:54 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 »
41  Bitcoin / Bitcoin Discussion / Re: High risk results to high rewards on: September 19, 2018, 06:35:52 PM
It is a well known fact that Higher the rate of risk ,higher is the rate of  return. For instance Mr.A invests in project X where the risk rate is 30%, whereas Mr.B invests in project Y where the rate of risk is 60%. So here, As Mr.B is having higher risk , so definitely Mr.B will have more rate of return than Mr.A. This is the only reason that people likes in invest in equity share capital instead of buying debenture or bond, as high risk leads high rewards.
42  Economy / Economics / Re: Is Bitcoin Worth To Be Currency? on: September 19, 2018, 06:29:46 PM
Some of the companies are accepting bitcoin as the medium of exchange. But according to me bitcoin is not worth to be a currency, as there exists transaction cost , so large number of transactions will lead to large amount of transaction fee. Moreover you need internet connection to make payment, so sometimes its not feasible to have internet connection everywhere. Bitcoin is highly volatile ,so according to me bitcoin is not worth to be a currency.
43  Economy / Economics / Re: Friends reactions to crypto currencies? on: September 16, 2018, 09:25:42 AM
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?
My friends were completely surprised because they were totally unaware about the term crypto currency. They showed keen interest in crypto so I explained each and every thing to them. And the good news is that my four friends have invested in btc. I am sure that very soon btc will touch great heights.
44  Economy / Speculation / Re: When to buy more? wait till 6000 or 5500? on: September 16, 2018, 09:18:26 AM
Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
Btc is $6.5k today. It will not fall now. So buy at this moment and at the last of the year you can earn huge amount of profits because it will touch $20k at the end of the year. Now don't wait for btc to fall to $5500, it seems to be impossible. I am very sure that btc will not fall from $6.2k now, but still don't wait , buy btc at this moment and wait for the peak prices.
45  Economy / Trading Discussion / Re: Don't be discouraged! Keep holding. on: September 16, 2018, 09:02:37 AM
I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 
Very good !!! crypto needs these type of investors only who never gets discouraged. Keep holding it, you will be surprised at the end of the year when btc will touch $20k. You are a very good example for all those investors who loose hope even if btc falls at a very low rate. So investors, don't be discouraged, keep holding your btc, it will start rising soon.
46  Economy / Speculation / Re: Do you suppose $8200 may be a sign for the bull run? on: September 15, 2018, 05:38:26 PM
Definitely it will be the sign of bull run. Once btc will $8k or $9k, then it will continue to rise till $20k. According to me $20k would be the peak price of this year. Don't expect more from btc this year Grin . Once btc will touch $8k, investors will get the hope back again Cheesy .
47  Economy / Trading Discussion / Re: I've got $20k to invest. Please recommend! on: September 15, 2018, 05:22:58 PM
Hey folks,

I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?

Investors, please get me some cool ideas.

Thanks in advance,
Marcell
I recommend you to make investment in different fields. Don't invest your full amount in one source. If you want to invest in crypto, then you should be mentally prepared to take risk. I recommend you to invest $10k in crypto and $10k in stock market. 
48  Economy / Economics / Re: Factors that affects the value of bitcoin... on: September 15, 2018, 05:15:46 PM
There are various factors which affect the value of bitcoin. Few of them are stated as under:-
1. Decision by Central banks (positive decision leads to hike in price and vice versa).
2. Demand (higher demand leads to hike in price and vice versa).
3.Government policies (favourable policies leads to hike in price and vice versa).
 and many more..........................
49  Bitcoin / Bitcoin Discussion / Re: India closes doors for Crypto Currency on: September 15, 2018, 05:06:20 PM
According to recent news, RBI which is India's central banking institution has advised to stop transactions from any crpto exchanges. This will stop the buying and selling of bitcoin and changing into local currency. Official statements hint more bad days for bitcoin.

For more info, check : https://economictimes.indiatimes.com/wealth/personal-finance-news/your-bank-will-not-allow-you-to-buy-bitcoins-anymore/articleshow/63627123.cms
https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/
Yeaa, its very true. As I am Indian, so i had also heard about it. Our Central Bank i.e Reserve Bank Of India has totally banned the use of crypto. According to RBI ,crypto is a threat for our economy. In our commercial Banks, there are various notices placed on the boards regarding Not to use crypto. Our Media channels are also repeating this again and again.
Its a bad news for crypto family, that Indian government had banned the use of crypto.
50  Other / Off-topic / Re: Soon we would not need banks on: September 15, 2018, 05:00:07 PM
This is not at all possible especially in my country i.e India. Banks are very essential to run the economy. All the online transactions such as NEFT, RTGs etc are performed by banks, Moreover banks accept our surplus cash and lend us loans too. Half of the population would not accept crypto just because its highly volatile, and many illiterate people who don't know how to use mobiles or PCs will definitely not accept crypto. So the shuting down of banks is not possible.
51  Economy / Economics / Re: Bitcoin's price is so volatile right now! Why should I even hold? on: September 14, 2018, 11:24:37 AM
There's no doubt that bitcoin is highly volatile. The price of bitcoin keeps on fluctuating at a higher rate. Sometimes its low whereas sometimes its higher. So you don't know, what will happen to btc next moment.
If you hold bitcoin ,the result will be two fold, as stated as under:-
1st case:- You bought one bitcoin at $6k and hold it for about 10 months and sold it after 10 months for $15k. So in this case holding is in your favour.
2nd case:-You bought one bitcoin at $6k and hold it for about 10 months and sold it after 10 months for $4k. So in this case holding is against you.
52  Economy / Economics / Re: Beside Cryptocurrenices where would you invest? on: September 14, 2018, 10:43:14 AM
A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input
Besides crypto, there are many fields in which you can invest your surplus money. We can invest in properties, as investing in properties lead to higher profits. Moreover we can invest in precious metals such as gold, silver etc. There is one more interesting option, you can invest in stock market, which can earn you a higher return.
53  Economy / Speculation / Re: BTC TO 3K$ on: September 13, 2018, 05:51:19 PM
BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.
NOOO!!! Bitcoin will never fall down from $4k. Rather it would increase on a higher scale. According to various experts Btc will surpass $30k in dec 2019. I agree that crypto is highly volatile, but it would not fall to such a extent.
On the other aspect we cannot say that btc can never fall to $3k. Its highly volatile and may leads to be lower down to such an extent. But it seems to be impossible.
54  Economy / Trading Discussion / Re: buy fast and sell fast on: September 13, 2018, 05:45:58 PM
If in trading apply fast trading strategy,
What obstacles are constraints
and weaknesses?
Applying fast trading strategy is a very wrong approach i guess. If you want to be a successful trader, you need to study the crypto market properly, observe all opportunities and threats and then to take action. And if you are applying fast trading strategy, you might miss the upcoming opportunities and  may fall in a trouble. Its a well known fact that 'Slow and study ,wins the race'. So never go for fast trading strategy.
55  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: September 13, 2018, 05:39:53 PM
Many countries are not allowing to use crypto currency. According to me, this is because the govt.is in fear that use of crypto might lead to destruction of the economy. Governments might be thinking that the use of crypto may ruin the banking system, so as Public sector banks provide a large source of income to government ,so thatswhy governments are not allowing the use of cryptos in their countries.
56  Bitcoin / Bitcoin Discussion / Re: Rolls Royce is accepting bitcoins on: September 13, 2018, 05:33:59 PM
Along with the recent rise in the use of cryptocurrencies and the US SEC gearing up to provide a verdict on multiple Bitcoin ETFs, here we have a luxury brand opting to transactions using Bitcoin.
A Rolls-Royce dealership, Post Oak Motors, in Houston, Texas is now accepting Bitcoin and Bitcoin cash in exchange for the vehicle.
Although this is not the first time that this has been done by an automobile company Earlier this year, a California dealership began accepting Bitcoin for Bugatti Chiron and Pagani Huayra purchases. But it is great to see that bitcoins is now one step closer to becoming a legitimate means to purchase goods. This, again should contribute to investor confidence.

Any chance we are gonna see other luxury brands follow the same tracks?
I am not sure that whether this news is true or not. But if its true, Yaaahooooo!  Cool . Congratulations to the members of crypto family. This is a great achievement for bitcoin that luxury brands are now accepting it in return for their vehicles. Very soon many more brands would also accept btc as consideration. Hope for the best. Best of Luck BTC!! Cool
57  Bitcoin / Bitcoin Discussion / Re: Is cryptocurrency so difficult to understand on: September 13, 2018, 05:29:14 PM
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
First of all , its human nature that if you will teach something new to somebody, 70% of the people will not take that seriously. So all you need to do is, transact using crypto currency in front of them a few times. Then automatically they will ask you about crypto currency. Then, explain to them, remember don't explain the technical terms in the very beginning such as block chain, ICO etc . Just tell them that its a digital currency and you can transact easily by using this currency. According to me, if you follow this process then definitely they would understand the concept of cryptocurrency.
58  Bitcoin / Bitcoin Discussion / Re: Do you still believe in predictions of "experts" about the bitcoin price? on: September 09, 2018, 06:18:32 AM
A big NO. I don't believe in predictions of experts about the btc price. Crypto is highly volatile, we don't even know that what will happen to the price of btc next moment. So its really a foolish thing if you believe the predictions about crypto. For instance, nobody expected that the price of btc will fall from $20k to $6k. So don't believe on the predictions.
59  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy ETH or not? on: September 09, 2018, 06:01:02 AM
Today i am decided to that i want to buy some ETH but in this bear market i have get panicked because ETH is continuously dying. So what should i do now? Can i invest in ETH or not? Please give me some suggestion.   
Investing in ETH is a very good decision. Don't worry and invest in ETH without any hesitation. ETH is only $190 today, so its very cheap to buy ETH coins, so invest as much as you can, and you will earn larger profits at the end of 2018. When we hear the word altcoins ,the first think which comes to our mind is ETH ,as its too common, and many investors are holding it. So I suggest you to buy ETH.
60  Bitcoin / Bitcoin Discussion / Re: People call bitcoin a fraud or ponzi scheme on: September 09, 2018, 05:54:25 AM
People who call, bitcoin as fraud or ponzi scheme, are totally dumb. They don't know the blockchain technology. They have no idea that how powerful is the blockchain technology. Its not at all a fraud, its just a new way to invest and multiply your capital amount. You can invest as much as you can, and invest without any hesitation because its not at all a fraud, its totally decentralised.
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!