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1

Bitcoin Forum / Re: Can bitcoin replace money?

« on: September 19, 2018, 09:56:47 AM »

Quote from: Gastonic on September 17, 2018, 11:23:02 AM

The intension of creating btc is to act as digital cash, that is solely controlled by individuals without Government interference. "I stand to be corrected" if that's true, will it "bitcoin" be generally accepted as one united digital currency?

There will always be acceptance of digital currency, specifically Bitcoin. However, not all will appreciate its existence. The acceptance will take place for people who are open to new technologies and open minded with change. But for now, Bitcoin still cannot replace fiat because of some resistance.

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Cryptocurrency discussions / Re: What to do in volatile market?

« on: September 15, 2018, 02:19:10 PM »

Very well stated mate. Most of the time we need to take a risk and sometimes lose before winning the prize. Everybody knows that a volatile market has higher risk but with high profit over the other markets. So it is assumed that investors know what they got into and stick to the general role which is invest what you can afford to lose.

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Bitcoin Forum / Re: Why some think bitcoin will end?

« on: September 15, 2018, 01:45:26 PM »

Quote from: Master107 on September 07, 2018, 06:03:01 PM

Bitcoin is not real state.
Bitcoin is not a grocery store.
Bitcoin is not a weapon for war.
Bitcoin is not yet recognized by all countries and yet it is well known.
Bitcoin was not created intended to harm.
Bitcoin will crash and recover again and again.
Bitcoin helps to improve than lose people's lifestyle.

So, why some think that it will end?

It is too easy to criticize Bitcoin if people have less knowledge about it. So the drop of prices made them conclude that Bitcoin will end. If people only are dependent on what the social media says then they will not discover the opportunities it offers. In depth readings has to be done to appreciate the technology and its opportunities.

4

Cryptocurrency Price Speculations / Re: Ethereum price down.

« on: September 15, 2018, 01:09:26 PM »

If you are planning to invest in ethereum, then, this is the best time to buy. But if you already have one, then the best thing to be done in my opinion is to hold. Hold until the price goes up again.

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Cryptocurrency discussions / Re: Token goes down. Wait or sell?

« on: September 15, 2018, 12:38:59 PM »

I would prefer staying and wait until the price goes up. Holding would be my option for now because i have faith that the market will go up again. We all needed to be patient to maximize profit.

6

Cryptocurrency discussions / Re: What is ICO for you?

« on: September 08, 2018, 04:07:28 PM »

Quote from: marksayson on July 31, 2018, 03:03:59 AM

In your own opinion what is ICO and it what way can ICO change a person's life?

ICO is a a form of crowdfunding to support a project and it is a good source to start a company. These are sold in a form of tokens. If by means, the project is successful, the tokens will be a good form of currency. Moreover, if a project is successful, it will indeed improve a persons life financially.

7

Cryptocurrency discussions / Re: Is bounty program only for newbies

« on: August 14, 2018, 04:08:55 PM »

Quote from: Presh0351 on June 18, 2018, 12:08:15 AM

Bounty program are good not only for beginners. Of course, in the initial stage participation in the bounty helps to understand the general logic of the market. In any case, the bounty helps to collect info about the project i.e altcoin in the early stage of launching and make a decision about investing

Bounty is for all as long as the participants is knowledgeable about crypto. Along the campaign the participants should also improve its learning with crypto. Not only newbies are learning but even those who has been for sometime with crypto. Everyday, we encountered different topics in the forum which will trigger us to do some readings.

8

Bitcoin Forum / Re: A challenge from bitcoin in 2018

« on: August 11, 2018, 03:02:31 AM »

Quote from: bosshyip on August 10, 2018, 07:09:18 PM

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

The challenge for this year is sustenance of the market. People have high expectations with Bitcoin, however the current price is way too far from the December 2017 price. Investors needs to be firm with their faith in crypto to pull the market up.

9

Bitcoin Forum / Re: Do you think all governments can illegalized Bitcoin?

« on: August 10, 2018, 01:10:50 PM »

Quote from: Domithra on July 08, 2018, 02:27:16 AM

Each government has its own policies with which it runs a country and these policies differ from each other depending on the country's economic status and the needs of the country. All the governments cannot stay negative about Bitcoin although it is decentralized. Some governments of some countries like Indonesia and South Korea are positive about Bitcoin and practically use Bitcoin to harness the country's economy.

I think not all countries can legalize Bitcoin or crypto. This is because each country has a different leader with different prospective about crypto. Crypto users who falls on countries that does not banned it is very fortunate. A lot of opportunities are waiting in the future as long as users are knowledgeable about it.

10

Bitcoin Forum / Re: Bitcoin in paper bill

« on: August 08, 2018, 01:03:59 PM »

Quote from: Munareal on August 08, 2018, 11:26:18 AM

If banks can create bitcoin crypto currency in paper bills version just like the fiat currency bills in used. Will you use it?

In that case, Bitcoin will no longer be a digital currency. Its original purpose will no longer serve. A different system will be created if it will become a physical money

11

Bitcoin Forum / Re: Why are people still skeptical about Bitcoin despite the huge profit?

« on: August 08, 2018, 12:02:43 PM »

Quote from: Domithra on July 07, 2018, 11:39:42 AM

Bitcoin offers great earnings if only you are knowledgeable in its concept and the crypto market. Most people are still skeptical about Bitcoin because the are carried away by the fake news and panic caused by the media and governments respectively. It is necessary to intensify the awareness creation in order to erase the erroneous thoughts from the minds of the people.

Fake news is the new trend today. We cannot easily depend on the media nowadays. Thus, we need to do further readings to validated facts. Alike with Bitcoin, people who are interested to know what Bitcoin and crypto really is. Then they should understand first the technology before concluding things

12

Bitcoin Forum / Re: Time of bitcoin to step out

« on: August 03, 2018, 10:55:27 AM »

Quote from: Falcon on August 02, 2018, 01:36:58 AM

Bitcoin is the most potential in crypto. It is also regarded as the number one the leading coin of all time. Sometimes bitcoin performed drastic decrease. Maybe we can say unpleasant, and unnecessary to experienced the drastic decline which makes some people panic of bitcoin will end soon.

Do you see the end point of bitcoin? Why?

When you invest in Bitcoin then stepped out during red market, it is expectedly that this is a loss. Which is the opposite of what we wanted why we engaged in business. This is the reason that it is important to prepare mentally and emotionally before getting involved into an investment, especially with crypto where price fluctuation is normal. So people who are very compulsive with crypto will end up panic selling.

13

Bitcoin Forum / Re: Should i invest in Bitcoin before any other coin?

« on: August 01, 2018, 11:00:51 AM »

Quote from: Domithra on July 22, 2018, 07:06:09 PM

Bitcoin has gained much roots on the market to fail its investors and i believe that was the main focus of Charlie Lee during his statement of advise to new investors. Any crypto investor cannot afford to miss out the Bitcoin bull market.

If you have enough funds to invest in Bitcoin, then go for it. Just make sure that, you invest what you can afford to lose. Bitcoin is the king of all coins, so it has a lot of potentials. Moreover, good timing to buy is important to maximize profit. So check the current status of the market before making your move.

14

Cryptocurrency discussions / Re: Cryptocurrency is a fever?

« on: August 01, 2018, 10:22:19 AM »

Quote from: TusherK800 on July 12, 2018, 11:01:48 AM

When I go to sleep, I can see ETH/BTC is going to be green very rapidly. Also sometimes the bad dream come. Like, I have lost all my currency.

When I open my Social account like Facebook/twitter etc.. Everywhere I can see about crypto. What happened to the world. We all are going to be crazy?

or is it a fever?

Most of the time, we have no control of our dreams. Thus, our dreams show the opposite of what we wanted. However, let us not be affected with our dreams because we are in control of our future. Crypto might be down for a long time, but currently the market is recovering as compared to the past months. Let us not be affected with what the others say about crypto, but instead, read more about it. this will help you not to be vulnerable with false news.

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Cryptocurrency discussions / Re: Be contented with what you have

« on: July 31, 2018, 04:00:41 PM »

Quote from: imikocha1994 on July 31, 2018, 08:23:29 AM

Slow and steady they say wins the race. Do not be in a haste to make it big in the crypto world. There is never a shortcut to success. Be contented with whatever you gain at every point in time.
Do not look down on yourself because you see others make it big. A drop of water makes a mighty ocean.
Your gain might seem to be small today.
Your portfolio might not look so big.
Just in a moment and with little more patience, your portfolio will see the brightest light and be filled above your imaginations.

That is so motivating mate. Indeed we need not to compare with our accomplishment to others. We need to control our own pace based on our capabilities. We need to go through the whole process just like the others. Patience is needed to learn before earning.

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