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Alternate cryptocurrencies / Announcements (Altcoins) / Re: The Kinesis Monetary System
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on: December 23, 2018, 02:47:24 AM
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The rise of a new type of cryptocurrencies, these precious metals certainly have good chances of gaining leverage on the current market. Like the silver and gold backed cryptocurrency called Kinesis, you can have your own real precious metal and use it on different transactions.
In the Kinesis system of shared economic wealth this is not required due to the large incentive to utilize the currencies, This kind of platform is what I've been looking for. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: The Kinesis Monetary System
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on: November 26, 2018, 04:28:46 AM
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I will be waiting for their next token sale that will be happening on March right? Looking forward for that, I have a feeling that the project will succeed more.
if im not mistaken ICO pre-sale begins in march 2019. better to look in their website to check their KVT & ICO release schedule. Is the bounty campaign for this project already done? I did not get the chance to participate in their ICO last month I hope they will have another one, I will still supporting Kinesis project or the good. It is already done, But I don't know if the token distribution is also done, Yes KVT token will be on top soon, Seeing this project succeed is what I'm expecting for the next coming progress. The Kinesis platform did not make any bounty programs as of now, They are in direct selling of their tokens and backed up with some precious metals like real Gold. |
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Bitcoin / Bitcoin Discussion / Re: Can you stop calling Bitcoin an investment?
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on: July 28, 2018, 11:55:13 PM
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Of course we can. But at Bitcoin's current status, we cannot deny the fact that people won't be able to "think" that it is one. You are so correct with your points which is why it is quite sad that the vision and the original purpose of Bitcoin's creation has been altered and was swayed to becoming an asset giving the impression of being an investment. Surely, the big players (the very people this system is trying to run away from) have turned things around for their general benefit (many of us are also benefiting from this turn around). But I guess that's just how things work now a days as people always find ways to take advantage of every possible opportunity.
Well for me, BItcoin is still an investment, for most holders it always will be, but also look for some alternatives like altcoins and other coins to proceed with your profit in the future if bitcoin will fail this coming years. |
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Economy / Economics / Re: Factors that affects the value of bitcoin...
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on: July 28, 2018, 11:43:54 PM
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I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.
You're right, some others are not trusting bitcoin and as a result they are trying to destroy its reputation in the public, well bitcoin can help to grow the economy of a certain country. |
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Bitcoin / Legal / Re: Why I don't Support KYC in cryptocurrency as it is
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on: July 28, 2018, 11:39:01 PM
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KYC is a very, very bad thing for the customer. KYC is only good for the government. So sad. The only identification one needs in crypto, is a private key, nothing else.  I agree, because giving your own personal information is not safe now a days, also the thing is, it they will have your information and they can also use it for other reasons. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: How to choose bounty?
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on: July 28, 2018, 11:26:18 PM
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if I choose bounty by looking at the allocation and the number of members who participated in the bounty, then I also see the whitepaper of the ICO to know how the future of the project.
Choosing bounty will affect your earning and profits, just choose the team that has real achievements and have some reputation in doing some bounties or managing it, it will depend on the supply and the potential of its product. |
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Economy / Economics / Re: is there any economic effect for the country or bitcoin users
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on: July 28, 2018, 11:13:34 PM
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now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
I believe that Bitcoin is affecting you negatively when you’re losing more money than you’re getting in every month. So when it comes to a country, we’ll actually say that when the loss or the amount of money that leaves the country’s purse is bigger than the profit they have made, then it’s a negative effect. But we are all not going to make profit, there will always be people that made loss. That’s why it’s good to work hard so that you be better than others at the end. I agree on your opinion, some people are using bitcoin as their source of income and as I observe some of that people is already in success state because of their dedication and good mindset maybe it will affect the status of the economical growth of a certain country in that way. |
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Bitcoin / Bitcoin Discussion / Re: Can you wait to prove them wrong about Bitcoin?
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on: July 28, 2018, 11:03:17 PM
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By spreading the positive or existing news on some websites and show them that they are wrong. Because then they will start believing and proving they are wrong with bitcoin.
There are always been haters and weak holders that is always blaming bitcoin from their lost, spreading fake news and unrecognize fields, those people will not help the community grow. |
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Economy / Economics / Re: Bitcoin bull run begins now?
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on: July 28, 2018, 10:52:18 PM
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Let us all see how far BTC will go this year, with ETF news that everyone is expecting and prediction from optimistic analyst that see BTC above $50,000 this year.
Maybe we can said now, they should be disappointed because it's will below by their expectation earlier  . None can predicting well since market was fall dip from Q1-Q2 till now, even recovery was being happen but market still getting hard returning Btc to it's price $10,000-$15,000. So my only hopes for this year, BTC can be reaching back to 15k it's more enough. Exactly we better not expect anything from it since the price is so volatile and the price is always changing every hour, trust only ourselves in this matter to have a better profit. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: It could take 2 years for the market to recover
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on: July 28, 2018, 10:45:36 PM
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I wish I was joking but this market will take at least 2 years to recover and build momentum again.
Market fundamentals have changed!
I beg to disagree with this, 2 years is too much for the crypto. Given that crypro is experiencing down trend and red market but this just normal so dont panic. There are still people and investors who fully trust crypto and they just waiting for the perfect timing. Even the price could just change drastically within few hours, 2 years is indeed just too much, if we see to the past, within 2 years there's so many things goin on in the crypto world including regulation and many more that could affect the market. Just see the price cycle within past years. Why some are saying it will be in 2 years? No trust in the market? |
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Bitcoin / Bitcoin Discussion / Re: What factors scare others from investing into bitcoin?
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on: July 28, 2018, 10:33:46 PM
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Volatility, technical difficultes, government and regulator risks, fear of innovative features.
So, it's nice for us. We can earn where other will only wait.
Well some may say that bitcoin is scam or the way of their thinking is not right because it appears that some of them doesnt have guts to try bitcoin. |
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Economy / Economics / Re: Is Bitcoin fair for those who buy for the first time now?
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on: July 15, 2018, 11:53:36 PM
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For me, we should not compete with those who invested before and those who had just invested, what matter most is that those who are now investing now had given their means to earn from it, though it will not be big earning like the first investors but they will also get there later on as long as they look on positive side. That is why i still conclude the fairness of it.
Yeah,don't look on the past just focus on now, as long as you know that you can earn profit then it's fine to invest now. We will see soon that we can also earn huge profit like what others earn. The most important is you are already invested now in crypto. In the present price I think yes, it is good for those who are first timers in the investing in bitcoins, a good opportunity for them I guess, in the current market where bitcoin is not that expensive it will be a good decision to have investing on it. |
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Bitcoin / Bitcoin Discussion / Re: Why bitcoin requires approval from countries ?
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on: July 15, 2018, 11:51:34 PM
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Until the time of investment approval, bitcoin may be considered illegal in the country and it has been probably prohibited by the government of the country. The approval is therefore to let people know that they can deal freely in bitcoin and it may come with some guidelines, rules and regulations.
I think the approval to other country means its validity and regularization, for Bitcoin to be legalize, it should be studied by the country who will accept it as one of their currency, some countries are adapting bitcoin and accepting it as payments there are also some that prohibited it. |
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Economy / Economics / Re: Why people are still buying BTC?
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on: July 15, 2018, 11:42:48 PM
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. Excuse me mate, this is not for being rude okay, If bitcoin is useless How come that you became Sr. Member in this forum? and yet you don't know why most of the people here still continuing buying Bitcoin. it is because they really do believed that bitcoin will will increase again at the right time, just all they need to is to wait more a little longer. Yes, how come a senior member do not know about all this stuff? how do you become a senior member here in the forum? saying bitcoin is useless but you're using btt as your source of income? BTC has a potential in the future that is why many people are still believing and buying it. |
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Bitcoin / Bitcoin Discussion / Re: Bitcoin or Property? What might be the best investment?
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on: July 15, 2018, 11:40:12 PM
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Bitcoin and property totally different by nature and market. Bitcoin can be used as medium of exchange and can be quickly convertible in cash.While property is best for long term investment but property profit is too low as compare to time we wait for because the profit you get after long wait you can make double of that ,money in Bitcoin,For me Bitcoin is best for investment you can double your income in shirt time.
In my part I prefer to invest my resources to property, Land or any usable property that can be profitable someday or if not, I can use to start my business, in investing always think the advantages and disadvantages of your funds and how will you cope up with it, always think of some alternative solutions like dividing your funds while investing to have a double profit. |
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Economy / Economics / Re: What profit has brought you to bitcoin?
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on: July 15, 2018, 11:37:01 PM
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What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?
I have my bitcoin wallet, from early 2015 when I have tried to make some earnings on gambling with bitcoins. But I have lost the access to it. I was so disappointed once bitcoin reach $10,000 so I decided to dip myself into that again. A person with low financial background can start here without any difficulty but the road will expand for him. He will first start with less valuable coins for short term investment because in short term investment one can get profit shortly and these continuous processes will polish skills so this is a type of getting experience too. This will make him able to upgrade to the Bitcoin after dealing with Altcoin or may be Litecoin as these are less valuable. Exactly, this is also my last option when the time that I can't find a decent Job, someone introduce me to crpto and I manage to study about it, Bitcoin has a potential to be a permanent currency in the future, I also notice that some of the users here in crypto are people who are good in making and holding their money. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: What Do You Look for in a New Project?
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on: July 15, 2018, 11:34:45 PM
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If you want to invest in an ICO, you don't have to look at just one thing. In my opinion, a successful investor evaluates the project on all points. After all, if you look only at the technology of the project and forget about the support of the media is likely to lose money. After all, without the support of the media, no one will know that this project has a cool technology and will not invest in it.
In participating in a new project, you must know about its verification, and if the team behind is legit, and also see its potential if it will be a successful ICO soon or if it will give you good profit at the end, its media marketing is also a thing to be checked. |
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