Latest posts of: Harrisonimo

Quote from: Prinox2 on November 23, 2017, 01:32:08 PM

Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...

What's your take on this, should I go ahead and quit?

Thanks

Earning from Bitcoin/Cryptocurrencies is good and really lucrative. But I will advise you still keep your physical job for now. When you have really gotten enough; broken even, then you can think of quitting your job. Ensure you do start another business in the physical to have people employed too and while your trading investment will be on going. The Cryptocurrency world is volatile and you don't want to lose out and get stranded. So, ensure you are actively busy at it.

Quote from: Oliver A on December 01, 2017, 10:13:29 AM

Are you taxed on Bitcoin?

I dont think i am taxed on my bitcoins yet except if the banks are indirectly doing that already; but no notification as regards this. Taxation on bitcoin earnings can only start fully after the government has come in to partake of this. And definitely, there will be other involvement on the government's side aside just taxation from individuals. I believe the use of the blockchain it self will be properly adopted. And this requires more learning and technology improvements.

Nice project here. Will stay connected to get more updates.

Quote from: orkoso on November 26, 2017, 01:39:50 PM

Hi, Do you think is tehre any interest to reduce the transaction fees for bitcoin? Many alts are focusing on speed and low fees while bitcoin has made little effort.

Transaction fees have been killing in mist transactions made. By the time you eventually have the Cryptocurrency converted to your fiats, what you receive has been short changed with almost 30% deducted. It is quite an area that needs to be looked into for adjustments. I did here of someone that paid as high as 30$ as transaction fee for a 100$ payment! Quite outrageous! There are also sites up now used to speeden transaction processes and definitely with their own charges.

Quote from: rony01941 on October 31, 2017, 04:02:02 AM

Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.

The introduction of the world of blockchain and Cryptocurrency has been helping with the issue of unemployment to some extent but I feel with the participation of the government and private sector collaboration, there can be a revolution and lots of unemployed persons can be absorbed into this programme and the problem of unemployment is being faced squarely on a larger scale. But with the way it is being done at the moment, just by individuals, the effect on unemployment status might not reflect on time.

Quote from: NeverCrypt on November 30, 2017, 09:17:43 AM

Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?

Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?

It is quite good to know when one has reached his/her targets; this is relative. So, if you have come to the realization and awareness of the worth of your Bitcoins today and with what you have made so far, you can decide to sell half and keep the rest. You have definitely made more than extra of whatever you earlier invested. You can stay to watch what happens to the rest; participating in knowing you have something somewhere. Good to know those who are hodling the bitcoins are coming forth to release it into the market for circulation.

My own major fear is its high volatility rate and being really unpredictable as regards it. The other issue as regards hacking hasn't crossed my mind probably because I don't have it in high values. But definitely security has more to do with personal/individual preferences. There are levels of precautions that needs to be put in place to achieve this; which an individual must take seriously to ensure his/her investments - I believe every satoshi unit is worth the protection.

Quote from: jerol31 on March 26, 2015, 12:25:04 PM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Saving money without having some form of returns/profits adding up to it isn't that good at this level we are in because you might even end up having losses. The best I will suggest is to do some real good investment; putting reliability into consideration is key. The options you stated are quite good with different level of risk involvement and profit margins. If you want to dabble into short-term Investments then the Cryptocurrency world gives you that option. The real estate and gold is relatively secure, reliable, static and longterm rewards too.

Just like I do maintain my stand that there are some sets of persons that controls the market movements. It is quite imperative to note that Bitcoin's volatility rate is an exceptional that hasn't taken a cue from any other kind of currency. As much studies are being made to understand its market behaviour, the flash crash caught a lot off guard and really sent a panic across the board for crptotraders. Well, the bitcoin is back up in the game with its upwards trend again. Maybe a regulatory body will step in to control its volatility to some extent.

Quote from: chrisrok on November 29, 2017, 11:31:26 AM

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

I would have started selling after bitcoin hit the mark of the 10,000$ price value. A lot of people are still waiting for its crash so has to get a convenient entry level to reinvest. Quite a lot are also skeptical about buying in at this point of entry. Bitcoin has been more volatile in this period. There has a sharp decrease only just within a day; yesterday. But this morning, there has been an upward trend back to where it fell from. Someone like me is just still observing seriously till it becomes relatively stable to invest in it again.

Quote from: Tmnt581 on September 14, 2017, 05:23:46 PM

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

The demand for bitcoin is unstoppable and has always contributed majorly to its price increase. We are still in the adoption stage where new persons are coming in to access and explore newly the exploits of Bitcoin. When this adoption period is still in phase, bitcoin will be sort for and new transactions are necessary. With this solid information, bitcoin is still a ready and investment trading to go into. I did say you check with a proof to select a good seller.

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