Bitcoin Forum
July 03, 2024, 06:34:37 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Economy / Economics / Re: Positive thinking brings positive things. on: February 11, 2018, 01:58:55 PM
Positivity starts when you learn how to appreciate even little things of growth in any little way. Change is inevitable and luck is not something you can force to have for yourself. Just like these bitcoin prices. There may have been this alarming issue of 50% decline but what do we know? The only permanent in this world are changes. So even if it does sound like it's going down, doesn't mean it'll stay like that. All we can do is do our tasks properly so the upperhand will know we back them up. Be an example yourself and think positive. If you start it within, it will eventually grow and then everything follows.
As for now, let's go with the positive side. Low prices, then go invest. Wait for it to appreciate and be profitable.
2  Economy / Economics / Re: The lack of financial education on: February 11, 2018, 01:33:59 PM
As for my opinion, financial education plays a vital role not only in nurturing your economic status but also of your country. It helps us enlighten not only the consequences but also the opportunities we never knew could've been there all along. It is a chance to help strengthen the foundation of our future and hope and a challenge to be physically, mentally, and socially fit for any crisis that may appear someday. As the saying goes, "if you fail to prepare, prepare to fail".
There are open courses nowadays which teach financial intelligence. Let's take those opportunities to learn and not be left behind. Let's also learn from other's experiences to know are the do's and don'ts. One of the best way to motivate someone in doing something is to show them the consequences of not doing it.
3  Economy / Economics / Re: Being a Smart Person or Strategic on: February 11, 2018, 10:15:42 AM
It started with the question "is it enough?" So obviously the answer is "no". Indeed you must have both the intelligence and strategies. For me its a 40-60. Intelligence is basically needed in every work you do. But you can never go that far without a good strategy. You need intelligence for you to earn both wealth and experience. Since nowadays its either you control the money or the money controls you. Thus, in order to live up to these you must be strategically prepared. Thinking it is never enough to just work hard rather work smart is the first thing you ought to do. And to utilize the knowledge you have, you must formulate a good strategy while your strategies are solely based on your intelligence, on what you know.
4  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ⭐️[Airdrop] SIGLO - Future of Mobile Connectivity.JOIN TELEGRAM,EARN REWARD⭐️ on: February 11, 2018, 03:39:57 AM
Bitcointalk Username : hshr0h3110world
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1715540
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC or ETH in 2018 on: February 10, 2018, 06:31:04 PM
Well who can say? I mean no one can predict how will this go in the long run. I'll go for eth. Not because bitcoin is dropping its price but it's because eth has a promising value. Think about bitcoin like a year or 2 years ago. It has a low price but then it appreciates as time goes by. In the long run, I guess we're going to see btc and eth at an equal level. Maybe not an exact state or value but with the uncertainty of the prices I hope eth to catch up with btc sometime.
6  Economy / Economics / Re: How to teach kids about Bitcoin? on: February 10, 2018, 05:01:42 PM
An early development and early mind setting is important in this kind of idea. While it is true that kids nowadays are hard to motivate or push into learning, maybe it's just because of the way of upbringing them. Try to link them to books at an early stage. Teach them in a progressive manner and avoid putting some pressure on it if possible so they wouldn't lose the interest into learning. And to have some experience with money handling while enjoying, try some games with it, maybe monopoly. Train them with how to deal and trade at an early stage and never cease the eagerness in helping them to develop their skills.
7  Economy / Economics / Re: What is your best investment strategy? on: February 10, 2018, 03:41:45 PM
I would also like to hear some of their stories if possible. The problem is, a lot here just don't share their thoughts fully and some share the same things over and over again. Like I already know to buy when prices are low, I even do that as a beginner in this field. What we would like is to hear some stories or cases to fully understand the strategy. Well, I think almost everyone has that mindset of purchasing a stock when its price is low and waiting for it to appreciate. Another thing I could only share is to learn statistics to read and analyze graphs. Ever heard of the bollinger bands? Guess it might help. For others, feel free to share your strategies or even just the concept if you wouldn't like others mimic your strategy.
8  Economy / Economics / Re: wait for bitcoin prices to go up on: February 05, 2018, 03:03:48 PM
Dropping price might be also because of some volatility issues. Well basically it's natural for it to goes up and down for a moment because it is in a trading scene. We've witnessed this before where its price went up high then went down by some step but eventually it regain its momentum and skyrocketed once again. It is possible that bitcoin's price will go up once again. You just need to be patient when analyzing its trend to decide whether to sell it already.
9  Economy / Economics / Re: it is possible fiat currency will crashed? on: February 04, 2018, 02:44:45 PM
Some thread out there already asked this kind of thought and once again I'll answer "No". Fiat currency will not be crushed or end. First, it is issued by the government. It will always have its place in the economy even in this time of cryptocurrencies. Just like how the government accept taxes in the form of fiat money and central banks support and manages this money. As long as there is a government who supports and issues this fiat money, it will not crashed the way like what you think.
10  Economy / Economics / Re: Why do you want high price of bitcoin after all? on: February 04, 2018, 03:15:32 AM
As for those who depend on passive income, they probably wanted a high price for bitcoin. It surely gives them profit for what they had been holding since then. While for those who were just starting out to be a trader, this trend is favorable for them as they can buy coins at a lower price then wait 'till it rises up again then sell it for a higher price. As for my opinion, I'm not really in favor of what just happened these past few months where bitcoin suddenly blasts off so high. Because of this a lot out there became dependent of it and some issues materialize. The real essence of trading was not being considered for the mean time. It was like earning bitcoin will be the shortcut to earn a lot. It might be better if bitcoin was just like before where it goes up and down around a n average or minimal price unlike today where it just plays at around a 5 digits dollar price.
An infinitive increase might be unpredictable and it might happen again in the future, but I hope that time would be some kind of a gradual increase. Hope it will follow some kind of a realistic trend.
11  Economy / Economics / Re: Bitcoin is Falling...Is it Panic Time? on: February 03, 2018, 05:29:12 PM
First of all, it really is unpredictable. It's a normal thing for it to went up high the fall. Think about it as stock markets, it do really goes up and down depending on the market situation. Going that high within just a few months, it should not be a shocking event for it to drop its. It might be just because of those selling their coins due to these small changes. It's not something to be afraid of, almost everything in the market changes its price. It can't go straight up into a ladder most especially at this time where issues on centralizing it are emerging. Within just a few months, after dropping its price, others would start buying it and eventually it will recover its state.
12  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: February 03, 2018, 02:24:47 PM
It would be great if you've done it years ago because its price skyrocketed for the following years. As of now, thinking about investing should not be only about the current trend. You should learn about investing strategies and the track on where you're going to invest. Look for its trend, how high does it goes up and down. Its potential and current issues that might affect it. Investing in bitcoin must not be based on other's opinion, after learning some things about it you should've have the idea if it is still a good choice to invest for it.
13  Economy / Economics / Re: why bitcoin is banned by the government on: January 27, 2018, 03:32:46 PM
Well as for my opinion, I think it's because of the fact that bitcoin is a decentralized type of currency. Think about it, a currency or wealth inside someone's territory wherein the leader has no full control of it. Unlike the currency we have today, it is a centralized one. The government has ways on where and when to spend it. How to utilize it for their projects and stuffs as they have the assurance that the money will flow around solely at their economy. While a decentralized one and something intangible, a digital form of currency, they might doubt it on how they might be used and another thing, these currency is sure an non taxable one.
14  Other / Off-topic / Re: Should I Go To College ??? on: January 24, 2018, 04:47:59 PM
It is a yes, even though the true essence of education nowadays is no longer the same than that of before. What's good with going to college is that you'll have a formal education which a lot of companies nowadays require for you to be able to apply for a job. But in the end, it doesn't matter whether you had a formal education or not, it is the willingness to learn that matters most. If you decided not to go to college, make sure that you'll learn in some other ways such as participating in seminars or even some online courses or tutorials. Nowadays there's a lot of resources available to use for us to learn. Always engage yourself in different activities which can enhance your skills because at some point in life, one of the best teacher and form of education is our experience.
15  Economy / Economics / Re: Crypto is an Asset or Currency? on: January 23, 2018, 02:30:49 AM
A currency and an asset are two different things but we can still classify crypto to any of the two. First, you need to understand the difference between an asset and a currency.
A currency is a generally accepted form of money, such as coins and paper bills, which is issued by a government. It is used within the economy as a medium of exchange for goods and services. Next is an asset, an asset is a resource with economic value that someone owns. It can be a n individual, a company or a country. The main difference between these two is that with an asset, there is an expectation that it will provide future benefit, it has the capability of generating income or increasing its value. With these ideas, you can then easily classify crypto as an asset or a currency.
You can buy goods with crypto, then you would say it is a currency. Invest in crypto and wait until the price skyrocket once again, then it is an asset.
16  Bitcoin / Bitcoin Discussion / Re: Is It advisable to quit my present job for bitcoin? on: January 22, 2018, 04:23:50 PM
While it is true that there is a huge possibility to earn great amount with bitcoin, still it is not advisable to quit your job. There's a big difference with earning money from your job compare with bitcoin. With bitcoin, it will be all about risks and chances. Prices vary, there is no assurance as to when you will have a greater profit. And one thing that you must have with your arsenal is the knowledge with investment, its core principles and techniques that you may use to effectively deal with bitcoin. On the other hand, with your present job, you will earn money and at the same time you'll earn additional experiences and skills. It can be a way to enhance your talent which may be valuable in the future. With the present job you have, I'm quite sure that you're learning some new stuffs and skills which has the potential to grow. Unlike with bitcoin, there's a limit to what possibilities your talent might have.
And here's another idea, why don't you continue your job while having bitcoin as an extra source of money. With that, you'll have a greater chances of winning in terms of the money world
17  Economy / Economics / Re: Is bitcoin really anonymous? on: January 22, 2018, 02:48:03 PM
It is not anonymous at all. If you've heard some speech from TedX, there's this one talk where the speaker describes a transaction with bitcoin. You'll feel anonymous when doing it because there'll be no physical contact or interaction between you and the market or the vendor. But with those ledger or logs of transactions, someone out there might be able to track you down. Though coin owners are not identified by any immediately identifiable ID, payments using Bitcoins are not anonymous by design, and leak information.
https://www.youtube.com/watch?v=pzN4WGPC4kc
Here's a simple analogy of the situation. Suppose that you, with a large number of people, are in a large room and wanted to exchange money anonymously. Let's say one way of doing it is by wearing masks, then exchange money. You feel anonymous with that? Maybe, but keep in mind that anyone there can observe how money changes hands. "If anonymous Eve gave Alice a coin, Eve can monitor the blockchain (the transparent ledger of transactions) to trace the coin for its entire life span." With that, you are anonymous only in a limited sense.
18  Economy / Economics / Re: Bitcoin Will Change Everything on: January 22, 2018, 01:55:54 AM
Not literally everything but it will do change a lot. From where will people invest, development of technology for its mining purposes, the mode of transactions, and even in the field of cybersecurity. There's a lot of possibilities to consider and no one can definitely say how bitcoin will change our way of living. But still, with the presence of bitcoin, fiat money are still being used by the majority. There's no assurance that bitcoin will replace and change  everything but it might affect some of those surrounding it for the years to come
19  Economy / Economics / Re: Is bitcoin really secure on: January 21, 2018, 11:21:57 PM
Bitcoin is a decentralized type of money (cryptocurrency). Bitcoin itself can be said to be secure but you need to be mindful of the other aspects such as the wallet system and the transactions. With the evolving threat in the cyber space, it is possible for someone with malicious intent to sniff of track your business with bitcoin. It is also possible for others to gather your wallet informations, such as key, to have an unauthorized access with your wallet then use it as their own. At this age, you need to be aware of such threats most especially when it comes to a digital form of currency.
20  Economy / Economics / Re: Is it better to save money or invest it? on: January 21, 2018, 03:55:05 PM
To be able to come up with a bright decision it would be necessary to understand the essence of the two.
Saving money alone would mean that it will stay somewhere, locked up and got nothing to do, waiting there to be needed again. While investing, such as bitcoin investing, it will have the potential to increase its value, to double up or multiply. Despite of the risks it has, it would be better to pick a choice where there is a chance of gain rather than the passive one.
Pages: [1] 2 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!