Latest posts of: gambitcoin53

Quote from: Monosvalet on October 09, 2018, 10:40:56 PM

I certainly watch the cryptocurrency market with great excitement and awe, and recently it was possible to observe that the coin market showed a change from the red zone to the green zone. There is a possibility that prices will rise again, not as much as last year, but I think we need to hold our assets longer.Do you think that the time has come when the cryptocurrency market began to recover?

things are different today, as i write this comment, the market price plunges again, we therefore cannot say what its gonna be tomorrow as far as the price is concern, this highly volatility really makes the investors hold on to their seats, at one moment the price is soaring then when you wake up in the morning, there is a huge plunge, well i guess it is time to buy now.

Quote from: TashBLIL on October 10, 2018, 03:50:29 AM

"September has seen the least amount of funds raised by #ICOs in more than a year. Are ICOs dying off?"

Chart here: https://twitter.com/Bancor/status/1049690978213404673

after so many scams and unpaid bounties, it is to much hard for ICO to succeed on their project, many users are reluctant to invest their money with an ICO who has a bad reputation, honesty, these ICOs has literally abused the system, many investors had suffered huge loss. that is why there are only few ICO in the market today, it somehow affect the market price because of the distrust ratings that bitcoin suffered due to this ICO.

on the part of the manager, of course we should take it seriously, you had an escrowed bounty to run, many users are waiting to get paid, lot's of users are depending on you, you cannot mistakenly asses each users, and the fact that icos paid for your service, as for the users who joined the bounty, once you have started to work, you cannot stop, you didnt want to waste your time posting and not getting paid are you?

but sadly, a large percentage of the population does not have knowledge in digital world. maybe not yet, therefore rendering people zero trust and zero interest in bitcoin and all its online counterparts, as long there are people who has no access on the internet, computers and online businesses, the stigma on bitcoin and other cryptocurrencies will ramain as a hindrance for bitcoin to penetrate the entire world population.

Quote from: Kakmakr on October 08, 2018, 07:12:11 AM

Why do you need to use a hardware wallet like the NANO LEDGER to transfer money from one person to the next, when you can simply transfer it from one Bitcoin address to the next? A hardware wallet will draw attention from customs, like we have seen before, when custom officials strip searched a person for wearing a Bitcoin t-shirt. Roll Eyes

Bitcoin is definitely not all about criminals and secret government agencies, like it is being portrait in movies and the media. A lot of people are using it for legitimate business and legal trading on regulated exchanges. Roll Eyes

i agree on this, bitcoin is just a medium, it doesn't define good or evil purposes, only users are to blame for this, and i believe every country has its capability to detect those bad users, it was not intended for easement of illegal activities, more legit and legal entities are benefiting on this platform and technology as being decentralized.

Quote from: lordquanta on October 09, 2018, 05:01:35 AM

Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.

as i write this comment, the market has declined on steep dive, literally, now is the time to purchase or buy more bitcoin, as the rule may apply, buy when the price gets low and sell when the price increase. who knows, after this dive, the price will start to soar and as more and more traders who are gonna buy crypto, the supply will decrease therefore creating a fluctuation in the current market.

actually, as they say, invest money that you can afford to loose because of the risk on bitcoin, but, if you still want to invest some extra money or borrowed money, its is your choice, who knows, you are lucky enough to survive the bull market, many people does that, investment is a gamble, sometimes you win sometimes you loose, if you can afford to loose that borrowed money then go ahead, too risky but fair enough to gamble.

i think maybe why nowadays, ICO investment is more risky today than last year is because of investors who are afraid to jump in easily on investing in ICO, because the history for the last 18 months has a very frustrating picture, most investors are keen and very suspicious about an ICO, awareness is i think the main factors why it is hard for ICO to succeed, somehow ICO are regulated in a way how it is projected from the beginning.

Quote from: Agraoleom on October 02, 2017, 06:46:36 PM

There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?

nope, it does not work that way, remember the rule on economics, if the supplies decreases, the price will increase, and when the supplies ran out, but the demand stays as is, in case bitcoin was lost due to inaccessible wallets, still, it is considered on the total market supplies, bitcoin cannot have a fixed number because bitcoin can be mined. and it can never be useless even when it reaches its low price, someone will buy it then the cycle continues, it is where bitcoin survive, the traffic that was created buy the buying and selling activity of the users.

Quote from: GymClassHeroes on August 30, 2018, 10:56:49 PM

Creating a Central Bank of Crypto-currency may no longer sound ridiculous as we are now having a number of countries coming up with some sort of mass application of the technology, the latest is from India, which reportedly ban cryptos, but recent report states that they are considering having a Bank of crypto, Ruppies-backed, Central bank digital currencies CDDC.
Are these really positive news for the crypto-market?

https://cointelegraph.com/news/reserve-bank-of-india-confirms-it-is-looking-into-making-a-central-bank-digital-currency

banks are essentially being a centralized institution that regulates investments, obviously the opposite of bitcoin as a decentralized platform, and honestly, this kind of news will not be beneficial to crypto or bitcoin for that matter, but adapting the technology and create their own coin is worst, imagine a whole country will not use bitcoin but use their own coin, which is happening nowadays, more countries are creating their own ICO, different coin but same platform and technology. this will surely hurt bitcoin as a whole.

Quote from: akihiko on September 23, 2018, 10:08:12 AM

What do you think about the popularity of Cryptocurrencies around the world, do you think many people now are aware of this Technology currencies?, how much percentage would you think and how can we expose and spread this?

there are already numerous write-ups, ads, videos, infographics that are circulating in most social medias, and im pretty much sure more and more people are aware of crypto, but as the percentage is concern, i am not, the ever growing population that are into crypto are tremendously increasing almost day by day, we can see that in the current market situation and the price, law of economics, when the demand is high, the price is also high, even there are millions of crypto that are being mined, and a lot of altcoins are being introduced, it clearly shows that the demand is not decreasing, this signifies that crypto is penetrating the wide range of new users and traditional traders.

are you watching too much sci-fi or fiction movies lately, lol, every crypto runs in blockchain, if it really gonna happen, internet use and a centralized exchanges should be established first, since crypto is internet-based and obviously, not everyone has an access on the digital world, for one currency are to be able to penetrate globally, it should be widely accepted and utilized first.

Quote from: Dimon8 on May 24, 2018, 11:11:42 AM

If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?

if you are referring GBcoin as Great Britain, i think they will top up all the other countries you have mentioned, let us put it this way, you can replace coin into fiat for example, in terms of fiat, Great Britain has the most valuable fiat compared to the other countries, so as simply as that, if all those countries you have mentioned will issue their own coin, which is probably not so soon to happen, it will depend on the value of coins' counterpart, fiats.

you already answered your topic, in addition to that, bitcoin or crypto market runs on p2p, the activity within the market is what makes it running, those buying and selling really dictates the current market price, no specific persons or entity administers the flow, volatility is a result of continuous selling and buying at same time, so basically, everyone in the market contributes in controlling the price, of course there are some factors that affect the buying and selling behavior of the market.

Quote from: Johannson on May 08, 2018, 11:57:21 PM

How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?

it really depends on how much money you have in your pocket or wallet, may be big or small, as long as it does not belong to your savings, you should invest money that you are willing to take risk, because crypto trading is not that unstable in terms of price because of the volatility of its market price, some even invest their money that came from loan, if you are well enough to trade and knows the ins and out, you can invest as much as you can, but it is still best to invest money that you are willing to loose in case of a dump.

this is not good for the bitcoin community, imagine how much tax would slice up in our wallets, how would they tax anonymous users, who would they taxed? having an atm for bitcoin simply destroys the anonymity of users, in fact, who would want to have an atm knowing their identity would be compromised. i think this step of ukraine is bad for the crypto community as a whole.

absurd, why send it to the moon or interplanetary, when it is not yet even accepted and ambraced internationally here in our planet, it is not yet in thd mainstream market, and who would you trade it with in outerspace? aliens, lol. kidding aside, i think we must full utilized crypto across the world before we think of leaping outside earth.

Quote from: maculeth on October 05, 2018, 01:46:05 AM

we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?

I will be very happy with your opinion

disasters and natural calamitirs occur unexpectedly, during this time, everything is in ruin, including internet connection, there is no way we can do something about it, unless you go mobile data, im sure that there are service provider that us not affected by a disaster, being digital has its pros and cons, but that is good about being an internet-based platforms, if banks fails, we can still go mobile data, and transact internationally, but in terms of purchasing from physical stores, that is gonna be a problem, maybe that is why bitcoin cannot deeply penetrate the mainstream mode of payment. that is why fiat is still needed alongside cryptos.

Quote from: Cristopherus on August 07, 2018, 10:23:34 AM

I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.

How long do you guys think we have until we face the next crisis?

banks and global banks only makes the financial world gets worst, even as an individual, loans in banks only makes a person drown in his own blood, a lot of ads from banks that suggest the people to have a loan but the truth is they are just messing with your financial, this affect us globally, it came from international banks dosn our local banks that milked money from us. the financial crisis will continue if this problem will not be put to a stop.

Quote from: udayantha11 on July 06, 2018, 02:01:45 AM

Do not do emotional day trading.

I have lost nearly 1500$ over one night. we think this is the best coin for day trading seeing only the chart increment percentage. then thats emotional only , no statistical investigation or research. if you do not know day please avoid from it. its better.

true, that is what makes the market up and down like crazy, those panic sellers and are just investing on a short term really just make the price gets worst, the dips are too big while the spikes barely visible, i guess that is the way this days, many users are going to short term investment. not good for the crypto community.