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Showing 20 of 526 results by ASICHEAD
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Board Trading Discussion
Re: Do I hold?
by
ASICHEAD
on 10/03/2018, 16:16:41 UTC
I am sorry guys, but HODLing is some of the most stupid advises you can give....

So you want to say trade better than hold ?. I tell you, if you not enough experience in trading, you can loss your money. Because trading have much risk compare hold it. Day by day, price has been change. So if you can predict, you can got loss. I recommend to hold until price going up to 30% from your capital.
Trading helps you earn a little amount of money, holding can helps you make a lot of money. And the rule of the world is more profit, more risk. What do you think about this rule? I do not negate holding is good, but to be honest, holding is not easy because choose exact time to starting holding is very important and take you much times.
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Topic
Board Trading Discussion
Re: I quit trading
by
ASICHEAD
on 10/03/2018, 16:02:41 UTC
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.
We all see the market in recent days is constantly changing and extremely complex, bitcoin girls and altocin are falling extremely strong in recent days. That is why I think that it is extremely difficult to trade successfully in a market that is drooling at the moment. I think bitcoin prices will continue to fall sharply in the coming days, so be careful when trading bitcoins.
Really, for those who do not have any experience about trading and some trading skills to analysis the chart price, they can not earn any profit from the current market. But the whale and professional trader like to trading in this market. Many waves to help them easy scalping (day trader) and buy at bottom price (the whale).
Post
Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
ASICHEAD
on 10/03/2018, 15:52:20 UTC
There is always a chance that a fiat currency will crash, if the government/central bank resorts to reckless policies that break public confidence in the value of the currency.The history demonstrated that all the fiat currencies crashed at some point and they are unstable by nature - they are only backed by the government decision to declare it legal and maintain the illusion of value. It is because the inflation always jumps, the purchasing power drops, and at some point this bubble ruins not only the currency's value, but the whole economy.



I gotta say, you really have some great skills in expressing yourself and clearly you read a lot. What you just said really makes sense and is really a possible way to make fiat crash and become devalued. Frightening, yes, but is something that we just cannot escape from and ignore since it really is such an important matter. Even the roman empire has fallen. There is just no guarantee that this will not happen to any country of today. Which is why cryptos are really such a big help as a storage of value just in case this happens.
Everything can happens, the world always has surprises and we are the watcher of this movie. As long as we can imagine some situation, even worst situation, it always has percent to becomes true. Great inventions always come from crazy ideas, remember that.
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Topic
Board Economics
Re: Are cryptocurrencies better than regular currency
by
ASICHEAD
on 10/03/2018, 15:43:18 UTC
No, unless society is used with cashless/electronic payment method and most people have smart device with internet connection. Also, cryptocurrency is practically useless in poor country.
I don't agree with your assertion that cryptocurrency is practically useless in poor countries, because any where in the world as long as you have an internet connection and a smart device you can carry out digital transactions. And as long as you have the knowledge of cryptocurrency and bitcoin most especially you are good to go location don't matter in cryptocurrency once you have what is needed you can carry out your transactions unhindered.
Yes, as long as you want to become a cryptocurrency user, a worker on this forum or other fields but related about cryptocurrency to make money, you all can have chance to get money and change your life. I have many friends from poor countries in Africa, they always want to change life, so, they accept to spend more times than me to working on this forum and anything can earn money through internet.
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Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
ASICHEAD
on 10/03/2018, 15:32:44 UTC
I have the same dream to get rich with bitcoin, am investing in altcoins, I just don't know whether I will be or not but let me hope for the best

Bitcoin has opened up new opportunities for us to get rich, but now it's not easy unless you have to work hard, there are people who have believed in bitcoin, patience and wait for them to become rich. . Now the situation is harder but nothing is impossible
What do you mean? If you mean Bitcoin investment needs you to work hard to get rich, it is not enough. There are many people already to spend all times to trading Bitcoin. But the experience and amount of funds are the factors to decide the result at this field.
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Topic
Board Economics
Re: Bitcoin will control the world economy!!!!! is it true?
by
ASICHEAD
on 10/03/2018, 15:21:57 UTC
They just brainwash you with the media only. Bitcoin do not have posibility to controlling the world economy.

I do not know how Bitcoin can control the world economy but it really does affect the world's economy, the super power state has a role to play in controlling the world economy, because their currencies are strong and they lend money to the underlying economies, follow the rules for their benefit, maybe that's one bitcoin can get stronger
Look at the nature of fiat - the current monetary system. The government just use paper to create money or virtual number through credit card to create this system under the management of the government. They use Gold as an escrow to set the value of fiat. The value of every currency depends on the amount of gold hold in state treasury.
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Board Bitcoin Discussion
Re: Does any bank accept Bitcoin?
by
ASICHEAD
on 09/03/2018, 16:29:32 UTC
No, banks don't accept Bitcoin because Bitcoin is the biggest enemy to them , they won't do anything that involve with Bitcoin's activities.

Wrong!

Find out about Falcon Private Bank

And


https://www.bankfrick.li/en/about-bank-frick/news/bank-frick-allows-direct-investments-in-leading-cryptocurrencies
In the past, really no bank accept Bitcoin and cryptocurrency. But just after this new, a new way for the growth of cryptocurrency opened. However, I do not understand what the reason made the price of Bitcoin dumped so much value within short time like past days. Although it has some good news like this news.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Will Kill The Income Tax
by
ASICHEAD
on 09/03/2018, 16:19:44 UTC
As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default.

Read The Full Article

This is the reason that the government will regulate cryptos. So we may not wish to be greedy and still give taxes to our government to insure our economy of our country.
Yes, you can not earn profit without the government. Therefore, pay small tax to help both all have profit, it is wise than against the government and get banned like Chinese traders Grin. Japan, Korea, U.K, U.S, etc. are the country using this solution to keep the growth of cryptocurrency.
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Topic
Board Bitcoin Discussion
Re: Should Bitcoin even have a future?
by
ASICHEAD
on 09/03/2018, 16:10:42 UTC
Bitcoin has a great future in the coming years. But as the alternate currencies competing with bitcoin has a sudden decision making strategy. Bitcoin too needs to have such regulations, which will lead to be the lead bitcoin the best of all crypts
Bitcoin has been developing for a long time with a solid foundation and investors are very keen on Bitcoin as a coin to make their living. I think Bitcoin will no longer be a coin. Of the world and also Bitcoin in the future is still the king of virtual currency.
My point of view on this regard is how you see the bitcoin, because it all depends on that. If you are following the bitcoin through wall street posts and the regular electronic media, then the perspective is a bit different but if you are following through internet, this forum and your own understandings and discussions, than you will certainly know the answer already that the future belongs to the bitcoin only.
Really? The fact, you still do not know the nature of Bitcoin. You only know the future of Bitcoin will be better than now. I agree with you if the government will accept to use the Bitcoin technology, this future will be the truth. But nothing happends easy, you have to spend more times to wait the result.
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Topic
Board Bitcoin Discussion
Re: Bitcoin as payment system
by
ASICHEAD
on 09/03/2018, 16:02:52 UTC
i think cryptocurrency will become the official payment system in the world. but i can not exactly which coin will be the official tool, BTC, ETH, IOTA or XRP,... no one can know.
Yes their are many currencies in the world but not only Bitcoin but also others currency could be included in payment system. Such as Bitcoin,  Ethereum,  Bitcoin gold, Bitcoin cash. Etc
No, Bitcoin, Ethereum, Bitcoin Gold, etc. are the crypcurrencies, your words can make others misunderstand your opinion. Currencies are FIAT like dollar, euro, JPY, CNY, etc. Beside that, cryptocurrency does not depend on management of the government.
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Topic
Board Trading Discussion
Re: how to start trading with a very small amount
by
ASICHEAD
on 09/03/2018, 15:51:51 UTC
You are new to the crypto market, I think you should not rush to invest in bitcoin. Please learn from experience in this forum. And join the bonuses to get started. You should not risk investing too early, while your knowledge is very limited. So you will stumble and lose money in business. good luck.

It is not about investing too early for you to call that he is going to risk his money on Trading, either you have the knowledge or not, still you are going to risk your money since you don't know what is going to happen when you start Trading. Trading with a small amount is the right thing to do, even though you lose your capital or not, at least you learned something about trading, that is what matters.
Trading with a small amount is a good solution to helps you find inspiration to continue trading. However, you should never think that amount is virtual and useless or lower than huge funds. Let's use it like others used it to get profit and a huge amount of money.
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Topic
Board Trading Discussion
Re: Does Bitcoin have a future?
by
ASICHEAD
on 09/03/2018, 15:42:20 UTC
I just read on Btcjam blog that they are closing down: https://blog.btcjam.com/2017/05/25/btcjam-is-closing/, now I am just wondering if big players in thebitcoin industry are closing down, is there any future for bitcoin really.

I came to know about bitcoin through btcjam when i was introduced there to borrow. Eve in this forum, looks most signature campaigns might close down because of the ever rising price of bitcoin. Most of them have reduced their payout amounts for posting by more than 50%. Is this a good sign or a bad sign for the bitcoin development?

Bitcoin is too big to lose so don't be discourage about the news. In fact, Bitcoin has large volumes and demands around the world. It's just a matter of waiting for the perfect timing for the Bitcoin to rise up again in the market. In fact, many countries have adapted in using Bitcoin as alternative mode of payment thru online that has no/less fee and hassle free. Today, we should better to invest now and hold and wait for the price to rise up again.
If the government want to use cryptocurrency like the new payment method, they should to use Ripple or Ethereum instead of Bitcoin. Even dogecoin is more better than Bitcoin at current. The Bitcoin system must to improve before it continue raise more.
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Topic
Board Trading Discussion
Re: Hold or Sell
by
ASICHEAD
on 09/03/2018, 15:34:45 UTC
I think those who already own bitcoin will know the first rule to make a profit is to buy low, sell high, you have to understand that to sell should be the right time. Bitcoin trading needs a lot of patience, buy bitcoins when they are low, and sell them when they are high. I am sure that Bitcoin prices are just starting to come back and it still has more time to adjust and may reach $ 50,000 by the end of 2018.

I think the best thing to do is to hold, becaus rid we hold and wait for the right time we can really select the right price when we sell. I believe that holding is the best strategy to gain in crypto feild but if we are going to hold we really need to extend our patience. But the decision is in the holder because we don't have to wait for a verry long time if we can gain today so then selling and holding is also depend on the price.
Ok, you can hold. I always happy when I know someone helps me hold which coin I have profit but I do not enough time to sell. It will help me have more times to sell my coin at good price and until the price of this dumped, I will buy again while you are losing money because hold at my sell price
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Topic
Board Trading Discussion
Re: How do you Panic?
by
ASICHEAD
on 09/03/2018, 15:24:25 UTC
Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

I panic just like any other people i am worried that i might end up losing all of my money so i am cashing out all of my money not bothering if i am going to cut off my loss. But that was before today i have learned that bitcoins isn't something to be worried about because bitcoins and all of the other coins that has the capability to rise back up again doesnt need to be panic sell because they are always gonna give you huge profit after a loss. But if you are holding an unknown coin then sell immediately.

Well i think the trick is you should only spend an amount that you're ready to hold for a long time. Most people panic because they invest for the short term, meaning they're expecting profits for a specific amount of time which isn't really a good idea because they'd be left with little choice but to sell at a loss. If you give yourself a leeway of a longer time for your investments, then you won't panic with the eventual dumps and corrections.
For me, they are not the investor, they are the speculator instead of the investor. They can not make me call them like the investor because they just invested money without any knowledge, experience about this field. Of course, like you said, loss is the result for them.
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Topic
Board Economics
Re: Why You Should Never Sell Your Bitcoins Ever
by
ASICHEAD
on 09/03/2018, 15:14:31 UTC
For me, why you should never sell your bitcoin ever, it’s because of the increase or decreases the price of it. We all know that bitcoin’s amount is fluctuating too much that it will be complicated to predict its amount. Maybe the second reason is the bitcoin’s limitation, bitcoin is limited in 21 million, and mines already generated almost of 80-85% of its total volume so in the future maybe bitcoin become a very expensive and rare cryptocurrency.   Smiley
First of all, the nature of cryptocurrency like Bitcoin and a rare asset like Gold are different. Many people thought the limited supply of Bitcoin is the primary reason make the price of Bitcoin increase. However, it is just a "reason" for new investor want to invest money into this field.
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Topic
Board Economics
Re: Does this mean Cash will be extinct?
by
ASICHEAD
on 09/03/2018, 15:02:03 UTC
If Sweden can be able to do this, I believe it is not all other countries as you have put it that can follow suit, because many countries are still fall short of technologically and electronically know how. So, its damn not going to be an easy journey for them at all and even, most of them still believe though ignorantly in Fiat currencies for real other than any Cryptocurrency.
Only a few % of countries are now remaining which are not having the facility of new technologies, every country I know is highly accepting bitcoin, it is the electronic age and it is need of the day to have such facilities in your life so that you will be able to make, some ignorant courtiers [not ignorant actually but they are lack of information and knowledge] are in fiat so they should accept the past with regret and accept the present with confidence and get bright future with bitcoin without any fear of lose.
Oh! But as far as I know, the Chinese government still do not accept the exsitence of cryptocurrency in this country Roll Eyes. As you said, are Chinese government stupid? Because the speed of growth in technology of this country is one of the fastest countries on the world.
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Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
ASICHEAD
on 03/03/2018, 22:46:17 UTC
I don`t think Fiat Currency will get crashed because the Government are supporting Fiat Currency, so as long as Government supports Fiat currency there will be no reason for fiat to get crashed. But if the Government start transferring their support on cryptos, probably fiat money will get crashed and not be used anymore.
I think governament will never give 1st preference to any cryptocurrency they always give preference to fiat. I don't think in future also they will consider cryptocurrency is legal in their country. But we are hoping it may change in future suppose next generation give preference to this currency then definitely it will affect fiat currency.

Certainly, the cryptocurrency will be affect the world's monetary system in the future. The cryptocurreny users knew the best thing behind the cryptocurrency. Also, many companies used this technology for their system recently. I believe blockchain will be the next system for the world's monetary system. But, when it happen? I do not know haha Cheesy.
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Topic
Board Economics
Re: Would bitcoin help teach kids about saving?
by
ASICHEAD
on 03/03/2018, 22:39:42 UTC
I think that children need to be taught, but bitcoin is unlikely to help this
Although Bitcoin does not help your child anything, but the Bitcoin technology and the real reason to created Bitcoin of Sakamoto will be helpful for your child. But remember, just when your child enough age to understand the concept about economy, you can teach them about the nature of Bitcoin and blockchain technology. If not, it really does not help anything for your child
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Board Bitcoin Discussion
Re: Why do some government ban bitcoin?
by
ASICHEAD
on 03/03/2018, 22:13:25 UTC
Maybe because it is decentralized and a lot of transactions, including illegal ones, are out of their control. Scams and illegal matters may harm their people specifically those who do not have enough knowledge. Banning it in their country will increase security and protection for its people.
Yes, it is also a reason make the government consider to using Bitcoin and accept it is legally. However, the criminal can still using other payment method or cryptocurrency without accept of the government. Because the crimininal are not stupid to show public their transaction Roll Eyes
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Topic
Board Bitcoin Discussion
Re: Will Bitcoin overcome Paypal?
by
ASICHEAD
on 03/03/2018, 21:56:13 UTC
We can't predit but this is kinda impossible paypal offers charge back, but bitcoin is used by most of hackers and darkweb. That's why  both have their users.
Bitcoin is used primarily by hackers and dark web? Because of this conviction is so widespread among non-bitcoin users we can't rich higher levels of adoption.
I can tell you that ability for users to initiate chargeback and open a PayPal dispute is overused and something needs to be done with it.
Did you know that merchant who is using PayPal as a payment method in his shop needs to pay money to PP everytime someone starts a dispute?

Well, dispute is a double-edged sword for retailer and Paypal. Everytime, the retailer always have risk to meet this issue when someone take this function to get refund. Althought some cases did not refund for whom created dispute, but it took much times of retailers for those disputes.