Bitcoin Forum
May 22, 2024, 08:09:48 AM *
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 »
41  Alternate cryptocurrencies / Altcoin Discussion / Re: After a Bad Sell on: October 04, 2018, 03:25:01 PM
So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.

What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
This bad sell of yours will make you realize that patience is needed in this kind of situation. The price is very unstable and we need to be very wise in every decision we make. I hope you learn from your mistakes. As of now I suggest to you to set your goal next time and then try to make it right.
42  Alternate cryptocurrencies / Altcoin Discussion / Re: what exactly are we waiting for? on: October 04, 2018, 02:45:18 PM
Great question for all you cryptocurrency believers. What is going to drive the price of bitcoin up and all the altcoins? What exactly are we waiting for? Money doesnt just come out of thin air. What exactly is the catalyst? Again the question is, what exactly are we waiting for?
Well I am waiting for bitcoin price to rise because I know that time will come and bitcoin will recover and gives us huge profit. The price is unpredictable but waiting for this to happen is definitely worth it for me. Wait until everything becomes much better than before.
43  Other / Off-topic / Re: Why did you have faith in btc? on: October 02, 2018, 12:58:45 PM
Seeing btc going down for quite some time now, I thought people will be withdrawing their investment to shares and others business. But it amaze that btc is gaining more popularity and people are still rushing btc. What is the secret behind btc?
I still have faith in bitcoin because I know it will help me to earn huge profit , other benefits and opportunities. I know that bitcoin can escape or surpass this down fall. Most of us believe and continue on supporting bitcoin because it helps us in so many ways.
44  Economy / Economics / Re: Why spend time in bitcoins? on: September 23, 2018, 03:29:50 PM
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
I spend time in bitcoin because I know that its definitely worth it why? Because as we can see bitcoin can give a lot of opprtunities to us. It also gives us huge profit that probably can make us financially stable, and its easy to earn if you have enough knowledge.
45  Economy / Economics / Re: How much important bitcoin for entrepreneurs? on: September 23, 2018, 02:49:21 PM
World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life.  Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this  currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.
Bitcoin is very important to entrepreneurs because they get huge income in bitcoin and that helps them to run their business. And maybe because it helps them in making wise decisions for the better of their business.
46  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: September 23, 2018, 01:55:47 PM
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
I think they dont allow crypto in their country because they dont have any knowledge about it. And as we all know many people spread false news about crypto and government used to believe those and we cant blame them. And maybe because it may caused some negative impact in their countries.
47  Economy / Economics / Re: Bitcoin after several years? on: September 23, 2018, 01:17:12 PM
what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?

My opinion about bitcoin in several years are quite positive , I believe that bitcoin will get a huge number of investors as the day passes by. People will choose bitcoin over banks and bitcoin will give a lot of opportunities tp its investors. Bitcoin will have a lot of improvements especially in transactions.
48  Bitcoin / Bitcoin Discussion / Re: Do you reccomend family and friends to join the market when it's crashing? on: September 22, 2018, 05:54:14 PM
Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?

If you do, explain why.
Yes because for me this is the best time to invest because the price is very cheap , I recommend it to them if they already have enough knowledge about investing in crypto. There is nothing wrong in encouraging other people , i think thats good.
49  Bitcoin / Bitcoin Discussion / Re: What will happen if Bitcoin gets official permission from the government...??? on: September 22, 2018, 04:01:55 PM
Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin.

Does the government mix in managing transactions for each user?

If the government mixes in managing transactions, will they take advantage of every transaction Huh

What is your opinion.?
Even if that happens , of course not all people will choose bitcoin over banks. They think that banks are more safe, government will take advantage in every transactions. But I still dont think that it will be good for us and for bitcoin.
50  Bitcoin / Bitcoin Discussion / Re: Theories with Bitcoin Futures on: September 22, 2018, 02:31:47 PM
Hello guys, what is your theory regarding Bitcoin Futures. Some say Bitcoin will dip, some say will double. What say you? What's your theory? Smiley
In my opinion I can say that bitcoin will be more useful in the next 10 years. It will be more successful and popular all over the world. Many people will accept and adopt bitcoin. The number of bitcoin investors will increase.
51  Bitcoin / Bitcoin Discussion / Re: I LOVE WHAT I'M BECOMING IN THE BITCOIN WORLD!!!!!!! on: September 22, 2018, 01:43:04 PM
Although I joined this forum not long ago but the replies and education that I have read and also received from the bitcoin enthusiast on this platform has really equipped me to also help others. I was there yesterday when a man from nowhere came to my mum and asked her where I was and she called me for him. The man has heard that I have been helping people in the investment of bitcoin and also introducing them to the crypto world. Not knowing that this man has bought a Lambo with his bitcoin investment, I asked him who told him and he was laughing at me.

He then told me a friend of mine introduced me to him. He then asked whether we can set up a crypto school in our locality which we will also use to help people join us and also benefit from it. Although I told him I am thinking about it but friends do you know why I have already accepted his proposal in my mind but I want to know from you guys that is it good to tell him I have accepted or I shouldn't accept his proposal. Need your suggestions my seniors.    
That was strange, but if he is really willing and determined about to learn about crypto then that is good. I think that would be nice if you help others to know what cryptocurrency is so they can have a knowledge about it. It will help them to have an idea on investing so thats good.
52  Bitcoin / Bitcoin Discussion / Re: Eminem's New Song [Album] mentions Bitcoin :D on: September 22, 2018, 12:58:33 PM
I'm not sure how many of you follow him but that dude just dropped an album unexpectedly. While listening to it, I came across this song https://open.spotify.com/track/28FGV3ORH14MYORd7s5dlU?si=tqIkvUmtSLKMPLaNuvddDw Lyrics said,

Quote
Remember everybody used to bite nickel, now everybody doing bitcoin
Is bitcoin scaling into not-commercial underground Rap too? Either way, we're good!
That was great , it will help others to discover bitcoin. I think that will be a positive for bitcoin because as you know many people leave bitcoin because they think that this will be the end. This will make them realize that they are wrong.
53  Bitcoin / Bitcoin Discussion / Re: Bitcoin a Blessing to Palestinians on: September 21, 2018, 05:39:07 PM
It was earlier Venezuelans benefited from bitcoin and now its Palestinians turn.With no official bank and official currency,they had been suffering these uch days to transact money abroad and vice versa. But now, bitcoin has come as a blessing to them. Now they could have money transactions easily and fastly with other parts of the world. Its said that

“Bitcoin, in their opinion, is cheaper, safer, and quicker,”. Nothing works with Palestinian banks. Bitcoin wallets are alternative banks.”


       https://blockmanity.com/news/palestinians-sending-money-across-border-using-bitcoin/
Wow this is amazing ,Its nice to see that bitcoin can still help people despite of this situation. This great news can spread positivity in some of us. I know that they can easily adopt cryptocurrency. Well bitcoin is a blessing to us.
54  Bitcoin / Bitcoin Discussion / Re: BITCOIN accepted for Airline fare and School fee on: September 21, 2018, 04:56:41 PM
     I'm a Filipina and there's a lot of posts posted on social media that our local airline,  Philippine Airlines and STI school now accepts Bitcoin. This news will create a stir and this will help spread information that Bitcoin is not scam at all. I know in the future there will be more businesses and companies will accept Bitcoin too.

     What's your view on this? Does your country accept Bitcoin too?
This is a great news for us,lets hope that other countries accept bitcoin too. Behind the situation of bitcoin I can still see some reason not to leave bitcoin , this news surprises some of us and this will give a huge positive impact on bitcoin and on its investors.
55  Bitcoin / Bitcoin Discussion / Re: Please Explain on: September 21, 2018, 04:05:49 PM
I dont really get you guy's whenever you encounter situation like this you panic because the price goes down.

If you really trust this technology why are you losing your hope everytime there is  a small storm coming on bitcoin? Panicking makes you blind on what you really need to do, Instead of investing more because it is a good opportunity to buy you are selling your bitcoin's and taking your loss.  Cheesy

This is what those whales really want to happen wait for the price dump and take that opportunity to invest more while you are selling your bitcoin on cheaper prices.


I hope this post will enlighten your mind.  Smiley
They panic because they are concern about their money , because there is a chance that it might loss. We cant take that to people because its really hard to trust nowadays especially that bitcoin price is unpredictable. Just be patient and be positive.
56  Bitcoin / Bitcoin Discussion / Re: Hodlers will not change the world on: September 21, 2018, 03:16:16 PM
There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.  

Thats right , holders will not change the world even if how long they hold their bitcoin nothing will happen. But somehow it will help us , investors. Because the price is unpredictable so there is a chance that we loss our money if we dont hold our bitcoin.
57  Bitcoin / Bitcoin Discussion / Re: Why shouldn’t we be concerned? on: September 21, 2018, 02:36:59 PM
Why shouldn’t we be concerned? Seems like everyone on here is extremely confident will see a bounce back to the December highs and then surpass them, but this dip/crash is now 5 months long. So I’m curious as to why so many of you are confident?
Maybe because it happens in the past , and some of us thinks that it will happen again so they are confident enough to face this kind of situation. They choose to stay and invest in bitcoin rather than living just because someone thinks that this will be the end.
58  Bitcoin / Bitcoin Discussion / Re: LIKE IT OR NOT, BITCOIN IS AN INVESTMENT on: September 16, 2018, 02:37:06 PM
                              In an economic sense,
 An INVESTMENT is the purchase of goods that are not consumed today but are used in the future to create wealth.
                                        In finance
An INVESTMENT is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.

I really don't want to turn these into an economics class but the both definition of what investments are clearly should settle the argument of whether BTC is truly an investment or not.

I do believe that bitcoin is an investment. An investment which is risky but definitely worth it in the end. Bitcoin has the ability to gave us huge profit , benefits , and opportunities and that is the advantage on investing in bitcoin.
59  Bitcoin / Bitcoin Discussion / Re: You should never doubt on bitcoin investment! on: September 16, 2018, 01:42:25 PM
Take your time now to study how market price moves in the crypto market. I had realize that those market price fall down are perfectly performed so that we can see how much potential profit may get if one will going to invest now. This is just like jumping up high and one must take down to the groud first before opposing the force from the ground to jump up high. I can say that the kick off for crypto market price increase will going to start up soon.
Its true we must not doubt on investing in bitcoin. We already have some sweet experience with bitcoin why would we choose to hesitate? maybe bitcoin is not in a good condition now but I hope it will recover.
60  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin safer than banking? on: September 16, 2018, 11:26:42 AM
Reports have it that bank frauds still continue to happen despite of strict security measures being taken by the banks. Just between January to July 2018, just timeshare fraud alone had 1.155 reported cases. It's when you’re told you can go on a free holiday or get rich by joining an exclusive holiday club or timeshare programme, but you’re eventually forced to pay for it through small print in the contact. That is not to mention other types of fraud like identity theft etc.

This gets me thinking, is it safer to just have bitcoins, or cryptocurrencies for that matter since it's not regulated by banks? What do you think?
I think banks are more safe than bitcoin because banks are controlled by government which usually used everything just to secure money. But just like bitcoin we can experience loss in banks too. Banks and bitcoin has own risk and it depends on us if we want to take it.
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!