Bitcoin Forum
June 27, 2024, 06:51:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4]
61  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: July 23, 2018, 06:44:28 AM
If you are deploying access to your wallet maybe it will happen. Depending on the wallet you are wearing because the security of the wallet is necessary.
Hacker’s minds are faster than the controllers and management for cryptocurrency wallets. The authorities try their best to provide unbreakable security to its users but nevertheless hackers hack their system. It is not good because one can lose all his money in seconds and the problem is this that you cannot claim your lost money because of the illegal money for many countries.
62  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: July 23, 2018, 06:07:04 AM
It takes more than just Thinking to quit gambling. Gambling is an addiction hard to give up, you must think of the right reasons, reasons that really motivates you to give  it up otherwise, it will be in vain.
Exactly, motivation to give up and never play again. In my own experience, i've quitted in gambling and I didn't care about gambling but it only lasted in a few months after I've played once, back to the same me again.

Same as did, as long you keep profitable you should end up fine or as you if you lost hard?
And changing some strategies could help you being more positive in the end.
Yeah it is good because if you continue after losing all your money will take you in debts and that is the worst thing. Then the opponents will come to your home and will disrespect you in your home in front of your family. I have seen many people who have been killed because they were not able to give their debts as a result of gambling. Quitting is better than this situation.
63  Economy / Speculation / Re: bitcoin prices going up to 9.3k$? on: July 23, 2018, 04:56:51 AM
By the end of December 2017 Bitcoin reached $ 19,000 and is now in July 2018 back again to the $ 6,000 price, so all about the Cryptocurrency price is unpredictable.

Just think what you think of which coins will go up because of the vision of his future mission is good. Because bitcoin more and more demand the higher the Bitcoin price.
Yeah you are right all predictions about the price became false and the facts were against that. That’s why I do not believe in prediction. The price depends upon the demand from the people and the market cap. If people withdraw their money from bitcoin definitely the price will go down and when more people do not invest in it the price will stuck somewhere as in current situation.
64  Bitcoin / Bitcoin Discussion / Re: Bitcoin cannot be a global currency on: July 18, 2018, 12:00:37 PM
The main reason is its disadvantages which cannot be refused and we can't ignore it.

Criminals will use it for an anonymous transaction they will sell more drugs and weapons

Everything has its own pros & cons.
The use of cryptocurrency transactions can still be tracked through the address, and this allows all users who make transactions will be known to the owner. In contrast to the use of banknotes that have been tracked for having a conventional system, a person who knows the illegal transaction is just a buyer and a seller. So, for me anynomous user implemented by cryptocurrency is not something to be reduced.
Yeah you are right that there are some disadvantages of cryptocurrency but it is for the time being and when the whole world starts using bitcoin as regular currency and there are no exchange rates with dollar or any other currency the disadvantages will come to an end automatically. Today people think of volatility in the price and that’s why they think that it will not be global currency.
65  Economy / Gambling discussion / Re: Does positive thinking affect your edge in gambling on: July 18, 2018, 11:21:19 AM
Some people think that strong feeling affect the outcome of your bet. But for me its all about luck., what do you think guys.

It depends what kind of game they are playing. If they play about dice, then luck is the only way to win the game but in cards it needs skills to win the game. Strong feeling is similar to say that we/you will be lucky within that day IMO.

I think all gambling games depends on luck, without luck, we cannot win. and it is not just for dice games but also on the other games. positive thinking only helps us at the beginning of the games and when we lose then I don't think that positive thinking will stay with us. we can lose positive thinking too besides losing our money because when we lose, we are thinking about how we can recover our losses but unfortunately, we cannot do this because we don't know if our luck still stays with us or not.
There are so hundreds and thousands people who have been in this game and ruined their lives. They were and many are now even destroying their lives just because of this gambling thing. And the most amazing thing here is, if you are lucky, you can earn money but in other case, what would be the results, loss. Why to become a loser just being dependent on luck. Wake up.

but unfortunately, we don't know if we are lucky or not and if we are losing then we are not lucky and if we can win much money then we are in a big luck. it is easy to lose in the gambling games but the hard things are how we can leave the gambling games without regretting our loss and you are right that we need to wake up so we can leave the gambling games as soon as possible.
No it’s not about luck. Only some games depend on luck while lot of other games needs experience and skills. The more experience you have the more chances of winning the game. For instance cards game need tricks to win the game, while dice and slot games depend on luck. Your strategies and eye on the position of different teams in sports betting will make you able to take right decision for winning the game.
66  Economy / Trading Discussion / Re: Day trade Vs HODL on: July 18, 2018, 10:47:24 AM
For a very busy person who got a regular job, i think day trading is not easy to do. You need to have enough time to do day trading that's why i am just hodling my crypto assets and wait for a while until the cryptocurrency's price goes high.
Yeah you are right a busy person cannot trade on daily basis. For him holding is better option. If I have extra money I will invest in cryptocurrency and wait for long time. Hope it will give me profit because the price will go up with the passage of time. For free person day trading is one of the most profitable businesses in the world because no other business will give you such a huge profit.
67  Economy / Economics / Re: Do you approve this strategy: sell alts buy btc? on: July 18, 2018, 10:16:20 AM
Depends on how much you trust bitcoin and other coins. For example if you believe that bitcoin is a more sure thing safer investment than yeah you can invest on bitcoin, maybe put a bit of ethereum near it as well since it became a huge coin with bitcoin as well. However if you believe that there is a coin out there that will rival bitcoin and ethereum and if not just be the third to them and go huge than you can invest on that as well. It all depends on which altcoin you are talking about and how much you trust that coin.
68  Alternate cryptocurrencies / Altcoin Discussion / Re: How useful is bounty programs to the overall success of icos? on: July 18, 2018, 09:45:59 AM
Definitely bounty campaign contributed a lot in the overall success of ICO's as it is the main tool of ICO's as marketing system. There are many investors around especially in this forum that. I'm sure that all successful ICO's are those who venture in bounty program as marketing. Maybe on few is with big investors. Goodluck to the legit ICO's out there.
Bounties campaigns better know advertising of new coins and the promotion of ICO. It can help to attract people to ICO and they can invest with it. These investments can be worth a lot in few cases.
69  Economy / Economics / Re: Does money make you rich? on: July 18, 2018, 08:06:42 AM
Of course if i have big money a million money i will say i am rich .. and one thing that make you rich if you good managing your money .. put your money on good investment a big profit its also making you rich.
I can't compare my self with someone who is rich like Bill gates he always hold some money but since he have a lots of money we can say he is rich.Its all are depended if you have money it doesn't mean you're rich in real.
70  Economy / Speculation / Re: Where do you see Bitcoin and Cryptocurrencies in ten years? on: July 14, 2018, 11:10:16 AM
the problems that bitcoin had last year (block size drama, fork drama, high fee drama and spam attack) has opened up room for altcoins to attract a lot of investors but now that the problems have been fixed and the drama has almost gone away that room is being taken away and altcoins are losing all the attractiveness that they had. specially since people used them and got disappointed when they encountered their issues.

I don't really think that altcoins have gained any sort of significance because of Bitcoin's 'incompetence'. I think the main thing that made altcoins grow larger and larger is the fact that Bitcoin has become too expensive to buy (people are too stupid to realize they can just buy a fraction), and the fact that if they position themselves in altcoins, their investments will grow at a much faster rate than when they would have invested in Bitcoin.

Bitcoin is almost guaranteed to increase in the long term, and altcoins, as worthless as most of them are, will increase alongside Bitcoin, but again, at a much faster rate.

Ethereum goes through the exact same drama Bitcoin has been going through; scaling debates, congested network, high fees, front running transactions, etc. People still use it and it hasn't lost any significance yet. Maybe that will change when EOS finally starts lifting its ass up, but for now they are still the best of the rest.
In the coming 10 years I think the whole world will use bitcoin as their legal and regular currency. All other currencies will disappear gradually from the market and bitcoin will take over the market. It is obvious that bitcoin is future digital currency and people will use it even in their local markets. It is good to invest in bitcoin from today to use in future.
71  Economy / Economics / Re: What profit has brought you to bitcoin? on: July 14, 2018, 09:43:31 AM
What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?

I have known bitcoin for almost 3 years now and since I have profit from a community I was involved I begun to do some research about bitcoin investment and of how profitable bitcoin is. Bitcoin has a lot of features that everyone has enjoying and benefiting. Everyone must know bitcoin if anyone wants to earn and become rich of it. Most of all what I want with bitcoin is that it is not so hard to earn because there are lots of opportunities to know with bitcoins.
If you say bitcoin is not hard to earn, then it is not completely true. Bitcoin is a form of money and there is no such work in this world which gives you free money. Even if you want to earn bitcoins, you need to work hard.
72  Bitcoin / Bitcoin Discussion / Re: Bitcoin cannot be a global currency on: July 14, 2018, 08:04:39 AM
it is very difficult for bitcoin to become a global currency. because there are still many people who do not know bitcoin and there are still many countries that prohibit the existence of bitcoin. because they fear that the development of bitcoin can not be overcome. but you do not have to worry though some countries do not allow it but in some countries, many have received and legalized bitcoin. and I'm sure bitcoin will go on and on all over the world.
It is not right, bitcoin will be global currency although it will take long time to take over the market but it is doubtless that in the future the whole world will use only bitcoin as their regular currency even in their local markets. Nothing could stop bitcoin now from prevailing in the world. It will be the global currency because the aim is to hold the market.
73  Economy / Marketplace / Re: Watch out for the scams out there on: July 14, 2018, 07:26:00 AM
Yeah thanks for reminded us.. and it's not only that, now scammers more increasingly a various forms of its deception. Anyhow internet is the one of the scam's media that's really suitable for a scammers.. and of course scams forms in cyberspace, it's harder to read or researched than scam in the real world. Sometimes someone who doesn't intend to scam, but we consider it a scam and vice versa. Well in essence we've to be a more smarter person.
Unfortunately this is the reality of this space, you cannot ever let your guard down, there are people trying to scam you and there are others sending phishing links and if you click on them you risk losing money as well, this is why sometimes people in the forum may seem to be paranoid about stuff but the truth is they are only trying to protect themselves and others of being scammed.

Thats why cryptocurrencies have so bad reputation. You can count on scam on every step of the way.

There won't be mass adoption until this problem get fixed so every illiterate person can use it without fear.
That is probably never going to happen, there are also many scams in fiat but the difference is chargebacks are possible, something that will never be possible with bitcoin so we will have to change the culture and instill a culture of using an escrow in every single trade no matter how big or small the amount of the transaction but most people never take additional precautions until they suffer a bad experience with bitcoin.
It is very important to know the ICOs in which we are going to invest. The project should be authentic and reliable. Market cap should be good and should be listed in exchange. These are some facts that every investor should know about it. There are thousands of coins in the market but all are not authentic and there are many scams which should be avoided.
74  Economy / Speculation / Re: Does bitcoin will double its value by the end of the year? on: July 14, 2018, 06:58:24 AM
Why not? It can be double the amount of right now or it can be half of it. There is no guarantee what it can be. It was almost 4 times this amount (closer to 3 times I believe) so there is no stopping on how high or low it can get. I wouldn't be surprised if bitcoin is 30k tomorrow or 300$ tomorrow, both sounds similarly possible to me. So being double is not a thing that can be hopeless about, it still has that potential, not that I am saying it "will" be but it "might" be.
I don’t think so because half of the year has already gone and the price is not increasing as it should be, and that’s could be the reason that bitcoin price will not raise more than $10000 till the end of this year. it will also be good if the price reaches to $10000 till December. The growth ratio is very low and people are not sure about the big pump in the price.
75  Economy / Speculation / Re: Bitcoin prices are falling! on: July 14, 2018, 06:35:11 AM
Hi, friend.

I want to know your about the bitcoin price reducations?
In your view, what do you see about significant reductions in bitcoin prices!?

What can you see from the positive or negative about it?

Thank you!

Well, correction applies as always after a big bull run for the #1 point. As usual
Follow by regulators and lesser trading volume which pulls back a little bit when players feel unsafe with the Crypto market.

However, it is a positive sign that we didn't crash all the way to 10% of the peak value in few days time and we still hold its value.
This determined that Bitcoin itself does posses certain of value
Ups and downs, profit and loss are with every business in the world. There is nothing to worry about it. Don’t be so upset, this time will pass away and you will make profit from your holdings in the near future. The price now is increasing and till the end of this month I think it will reach $7000 again. It is a fact that corrections are there in the price every time.
Pages: « 1 2 3 [4]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!