Latest posts of: pakhitheboss

This new rule is Bad for Individuals like me. Who have been frequently contributing but no one is intrested in reading.

I am optimist and I know someday someone will read one of my post and provide me with a Merit to become a Jr Member.

I do understand that this rules is to curb spam and increase the level of discussion happening on Bitcointalk. But, people like me are suffering.

It would be nice if the managment can add an optional criteria for achieving Merits depending on the number of actual post written by an individual and if one of the moderators can check them.

How do you classify illegal and legal?

Why are you so concerned about the legality of Bitcoin?

What evidence do any goverment of a country has to prove Bitcoin is involved in illegal activity?

From 2009 till date Bitcoin and Blockchain technology has grown significantlly. I do not think Bitcoin need any kind of legal acceptance. Those who understand the concept and are aware about the Pros and Cons do not care about it. People are still investing and making profits.

This scenario of regulating Bitcoin has been created by the goverments in order to take control of the Cryptoworld. I am sure many members here will feel the same as I do.

Why do you want to convince people?

Scammers and Fraudsters are every where, so if someone says Bitcoin is a scam then let them think in that way.

Where money is involved scammers and fraudsters will be there. It is not our job to convince anyone about Bitcoin.

It is better that you should be convinced Bitcoin is not a SCAM. Grin

Fundamentally this has been the best year for Bitcoin. It has been in News throught this year for all the Good and the Bad reason.

This has created a lot of awarness among people about Bitcoin. Now days if you talk to anyone about Bitcoin they will have some information. This was'nt the case till last year. So. new traders/investors are ready to enter the market.

Goverments of different countries are now trying to find a way to adop Bitcoin/Cryptocurrency. They now know it is not possible to Stop it. That is why they are discussing about regulation.

These are all signs of Bull Market, So keep Calm and continue to HODL. Your patience will yield you high returns.

I do not think Satoshi thought that Bircoin will grow so much. Satoshi invented Bitcoin to create a free economy.

The reason why Bitcoin grew so much was when it became an Investment option.
To add spice to it Bitcoin has limited supply.

WOW!!!
Great News for Cryptouniverse.
Slowly other big companies will follow the same path.
This is a great development and will surely help in spreading the awarness of Bitcoin/cryptocurrency

This will also create a positive image, which will help Bitcoin to reach out to new investor/traders.

Thanks for posting such a wonderful news.

I do not believe in prediction but since this post wants to know at what price Bitcoin will change the trend then I think it will be between the price level of $8500 to $9000

Since anything can happen in Cryptouniverse. it can of course change from the present price also.

After Bitcoin reaching an all time high last year. the amount of fakers and scammers have significantlly increased. It is now hard sometime to determine whether you are dealing with a legit website or a scammer. Things that we can do as investors/traders so that we do not loose our money are -

1. Stop doing any deals on Telegram
2. Install Cryptonite extension on Google Chrome to verify all legit links
3. Do not share your Privatekey.
4. Use only cold storage method to store Cryptocurrency.
5. Use only top 5 exchanges to sell/buy cryptocurrency.

Above all If you treat your cryptos like FIAT or Gold. It will hard for anyone to loose them.

If this happens that means a lot of new investors and traders will be entering the Cryptocurrency market. Which means the marketcap will increase a lot. resuting in the value of Bitcoin soaring to an all time high.

So it is better to HODL and wait for this to happen.

There are two knids of Wallets They are known as Hot and Cold wallet

What is Hot Walllet - Private keys stored on a wallet connected to the internet are vulnerable to network-based theft. These wallets are known as hot wallets.

What is Cold Wallet - Keeping a reserve of Bitcoins/ALTs offline is called Cold Storage and those walllets are called Cold Wallet For example Desktop wallet, Ledeger wallet and TREZOR Hardware wallet

The most reliable method of storage is traditionally considered cold storage.

Recently I download a Cold storage wallet that is Desktop based and I was amazed with the features provided in this wallet. If you would like to know more you should read this article written by me:
https://medium.com/@pakhitheboss/top-3-features-of-atomic-multi-cryptocurrency-wallet-2cbb5eb3c172

I doubt whether Bitcoin will reach its all time high at the end of this year.
There are many hurdles this year and Bitcoin is still correcting itself.

Good amount of Price manipulation is also there. I do not want to speculate about the price, but this is what I think will happen this year

It is never too late to invest in BTC. Every time is the right time.
At the moment BTC is correcting itself and has been below its all time high.
This is the right time for you to enter.

None of the ALTs can replace BTC. But if you still want an option then invest in the in any first 50 ALTs listed in CMC.

As of today ETH is tading somewhere around $169.00, In my opnion this is the right time to Buy some ETH.

P.S - Please do your research before Investing.

WOW!!

So it has started, This is both Good and Bad for Crypto world.

Good - New money, Boosting investor confidence and Adoption of Cryptocurrency will be coming to the market.
Bad - You can expect Market Regulation and slowly control over Cryptoworld .

I may be wrong about it..but this is what I feel.

This is Awesome News!!
This News will not change this current bearish market. But still it is a big step in creating more awarness and mass adoption of Cryptocurrency.

More of such technology will create more positivity and lead to rapid growth.

There will be a time when more of such ATM's will be quite common around us. Hopefully those days are not far off.

It is better to first explain them about Blockchain technology and how it will bring change to the life of every individual. Then it will be good to explain about Bitcoin and Cryptocurrency.
In the end it will be good to compare the ROI Bitcoin has generated in the last eight years with any other investment option.
This should do ...