Latest posts of: Harrisonimo

The constant and regular buying and selling of bitcoin and other cryptucurrencies helps keep the market alive. We do have people who just want to sell off to have Fiat just for some emergency need; they don't care if the market is in dip or red. The panic sellers too sell off because of not doing real research on the altoins they are holding

I want to believe that by the time 80% of the countries' work force are fully into the cryptocurrency, the government of that must have partnered with crypto developers on how taxes can be made/deducted through transaction fees.

Quote from: brawdias on May 28, 2018, 01:43:04 AM

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

Investing in bitcoins alone is like putting all one's egg in one basket. I did rather have the same amount to be invested, spread into 5-10 prospective altcoins. And good to note that, an increase in bitcoin is always proportional to an increase in the altcoins too; with some few exceptions. Also worthy of note that the chance of a bullish run ofrom any of the 10altcoins is higher compared to having it on bitcoin alone.

The economy of my country isn't that a bouyant one as money isn't much in circulation and evenly spread. We have it more on some sides/areas than the others; where the rich keep on getting richer and the poor getting poorer managing their little and limited resources. It is quite disheartening that the country went into recession from late last till early this year.

Quote from: MoneroExpress on April 30, 2015, 04:00:51 PM

Why is Bitcoin tied to Fiat? Why is Bitcoin value moving like a stock? satoshi said the value will be derived by the limit of total coins. But we are seeing the opposite. Why dont we mathematically calculate the value of bitcoin according to the amount of bitcoin mined?

Like

Agreed Value * Bitcoins Mined = New Value

0.0010 * 1 = 0.0010
0.0010 * 2 = 0.0020

Change sometimes takes time to happen. The most reason why the bitcoon has started moving like the stock trend is because of the regulations that has come in to put a check to its volatility; the world financial bodies' interference making it almost patterned like the local stocks.

Quote from: jakech2211 on April 01, 2018, 04:54:23 PM

Bitcoin is starting to climb up again. Where do you think think does it end up by the end of the quarter or eventually by the end of 2018.

I am looking at the bitcoin hitting close around the 10,000$ by close of this year 2018. The market has really being somewhat steady with no major sharp lift or dip. Looking at passing this June end then we can say and see more clearly what the real figure can be.

I did fell victim of this when I newly started with the bitcoin/cryptocurrencies. But maybe the coy had some good intentions but the market went real time against them. Well, I do know better now and to do any investment by myself. I have worked in the cryptocurrencies world markets by myself and have earned so, the bad investment earlier made will not make me term bitcoin as scam but my wrong judgement.

Quote from: mdyeatul on May 22, 2018, 12:11:41 PM

Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?

This can happen when the governments must have found the advantages the bitcoin offers above every of the negativities/disadvantages it tends to pose at the moment. Adaptation of the cryptocurrencies is happening soon and the governments of countries not in support of the cryptocurrencies will start having a reconsideration.

Quote from: ClaytonLWils on June 01, 2018, 10:36:39 AM

From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .

Well, it is a welcome idea and also in a bid to accommodate more transactions per time. I for one have shifted away with using of bitcoin for my withdrawal exchange to ethereum; guess alot of persons too must have done same. Probably a drop in the bitcoin usage in this regard has helped with Developers reducing the transaction fees.

Quote from: AteenaD on April 29, 2018, 04:11:15 AM

So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?

The only reason why the banks and governments are afraid of the bitcoin/cryptocurrency is that it will break/interfere in their autonomous mode of controlling the country's economy. They see it as a competition which they are most likely to lose in. By now, I expected to have seen some level of alliance between the governments and banks with cryptocurrency.