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Messages - Noor Shafaq

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1
Same as I did before, will take the profit out and keep the original investment for other coin holding.

2
Ethereum Forum / Re: Bitcoin or Ethereum? (Discussion)
« on: July 15, 2018, 10:21:09 AM »
Not sure about future, but at the moment I see many problems in bitcoin blockchain. I prefer Eth as there are more number of miners now.

3
Bitcoin Forum / Re: Is Bitcoin insurance company a good idea?
« on: July 15, 2018, 10:18:38 AM »
I know a company in Abu Dhabi (UAE) provides bitcoin insurance for up to 80% recovery. Not sure how everything works.

4
So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
Clearly because they want to monitor what you are doing in this world and use of crypto is something that can stop them to stalk on you. + They can't charge transfer charges on crypto transfer like they do on cash transfer.

5
Cryptocurrency discussions / Re: A bubble? (Discussion)
« on: July 15, 2018, 10:14:58 AM »
Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?

I don't think so, I have been hearing these stories since past few years now, and all those who have got no investment in crypto are working hard to spread this news. If this is a bubble then why it has not been deflated yet in past 10 years. I see it more a govt agenda.

6
Cryptocurrency discussions / Re: Youth is more open to tech
« on: July 15, 2018, 10:12:15 AM »
Does technology favor the young! Do you think we need younger lawmakers to translate the language of cryptocurrency.
I think it doesn't matter. Yeah, young people think more flexible while old people have more experience. Collaboration of young and old ones will be the best.  8)

We need each other neither young or old. Without the old there's no young or vice versa. There's more knowledge to impart from different generations because we are all connected as one human being.
I agree and have got the same point of view. All generations are required to put their experience together to come up with something profitable.

7
Cryptocurrency discussions / Re: is it the end? always afraid.
« on: July 15, 2018, 10:10:36 AM »
not the end, just being more stable somehow.

8
Bitcoin Forum / Re: What are your favourite coins? apart from BTC?
« on: July 15, 2018, 10:05:48 AM »
I am holding ADA and RIPPLES let's see.

9
Bitcoin Forum / Re: Altcoins BETTER than BITCOIN?
« on: July 15, 2018, 09:56:42 AM »
Is it possible to happen? Altcoins crushing bitcoin in terms of price, trading, etc.? I am just curious about all of your thoughts, so don't hesitate to reply and get yourself justified

This is for all of us to gain knowledge between ALTCOINS and BITCOIN.
Depends on how you mean the price being crushed. For example today the price of bitcoin is around 6.2k if you think somehow an Altcoin will cross this number, then it's gonna take long time. But on other hand the number of supplied coins for ripple has exceeded bitcoins by far, and if the price of ripple reaches $7, it can cross bitcoins total supply (converted in USD) that bitcoin has ever reached. i.e $300B when price of bitcoin was $20k

10
Cryptocurrency discussions / Re: still holding altcoins?
« on: July 15, 2018, 09:52:05 AM »
Do you think Altcoin can last for next 5 years?
Altcoin price will increase?
Is it too late to start investing in altcoin?
Name top 5 of your favorite altcoin
Do you believe in Altcoin?
Altcoin future?
Is it good time to buy Altcoin?
Recomend me some good altcoin?
I believe there are some altcoins meant to last even after the bitcoin is disappeared. I have strong belief in ripple to stay there for long time.

11
If there will be a cryptocurrency that has a better features than the cash and if it has no fee in doing transactions then it is pretty clear that cryptocurrency can easily replace cash and we can easily confirm that by using it more than the cash because of its benefits that are good for people who are practical.

12
Cryptocurrency discussions / Re: Buy low and sell high
« on: July 15, 2018, 09:47:12 AM »
One of my friend answer this question for me. Trading requires a high level of analysis and instincts. Sometimes luck is also needed because there is no easy way to determine if you can really sell a certain amount of coin and buy again. Basically this is the most common thing to do for beginners in order to earn profit. But the strategy here is to find the lowest coins value that exist in the market and  buy most of those coins then sell it again from the time when a similar coin value increases it value.

13
Bitcoin Forum / Re: ever spent BTC in real life? (Discussion)
« on: July 15, 2018, 09:45:59 AM »
I have used it for some social media freelance services. I am not sure if there are any stores online accepting bitcoins. I have read in news there are a couple dozen transactions happened in real estate business too.

14
Bitcoin Forum / Re: Centralized or Decentralized? (Discussion)
« on: July 15, 2018, 09:42:14 AM »
Bitcoin was created as a decentralized cryptocurrency and that's what it should be. But with the scams, the authorities have an excuse to regulate cryptocurrencies. They also manipulate the feelings of the mainstream with the idea that with regulations the customers would be protected. With the hack of some exchanges, authorities are demanding KYC and AML procedures. But the main objective is to tax cryptocurrencies and that makes them centralized cryptocurrencies instead of decentralized.

15
I feel that the majority of countries in the world do not see bitcoin as a threat, but instead they see it as something revolutionary.
Making illegal bitcoins is not something they want to make. Most countries do not see the danger in bitcoin. The problem with government and bitcoin is the government's inability to regulate bitcoin as they see fit, which is why bitcoin is always a threat to them. I believe in the near future the way will be taken to set the bitcoin and not declare it illegal

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