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Showing 20 of 112 results by Anewor
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Topic
Board Bitcoin Discussion
Re: Bitcoin has no competition
by
Anewor
on 25/08/2018, 23:46:09 UTC
You are correct that bitcoin will stay on the top triumpant. Even with the fall of the cryptocurrency market bitcoin manages to survive and stay on top.  Yet everyday new coins are coming in trying to get into the crowded space of cryptocurrency. And so competition is getting rough. Though until now none had ever dethroned bitcoin, but the sales could have gone up if none of these coins existed to create a competition. Of course they are made for a special purpose and hence it is impossible not to get customers for them to have sales.
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Board Economics
Re: China tells people to buy gold & silver
by
Anewor
on 25/08/2018, 11:57:59 UTC
Gold is physical that is what most people like about it. While physical and a less volatile object to buy, it is also a very much in demand by the people for oneself as a treasure or jewelry and or perhaps as a technological needs because some components like CPU of a computer and other components are gold plated. Gold acts also as the basis for a country's economy. So this could be the reason why China would like you to buy it. And maybe because they have so much gold and silver which when bought by others could also make them rich.
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Topic
Board Economics
Re: Germany recognized the bitcoin
by
Anewor
on 24/08/2018, 14:56:06 UTC
If such things as this become really possible in many of the countries worldwide then we could see bitcoin being so in demand such that the prices will go up very high and in only a small amount of time. As of now only a few accepted it so the market is low and slow. Recovery will be so hard in this case.
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Board Altcoin Discussion
Re: History might repeat itself once again- The new China ban
by
Anewor
on 23/08/2018, 05:03:15 UTC
Should they ban it, then it could be another beginning for cryptocurrency. This could be another event that could as you have said repeat history, but for me this another beginning that could lead to something else. It is more like a correction to ptrvious mistakes that may have happened if there is any in their own sense. So i just think the cryptocurrency market will probably change after this.
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Topic
Board Economics
Re: Diversify Investments
by
Anewor
on 23/08/2018, 00:01:08 UTC
Only invest an amount which you think you don't actually need for the time being. It is expected that you might need the money sometime in the future and so it is important to do it little by little as you have said. But as to the right amount there is no such thing as a standard for it. It is up to you. Diversifying may help and may not as well so it is a matter of choosing the right coin.
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Board Altcoin Discussion
Re: What are you using ETH for?
by
Anewor
on 22/08/2018, 22:32:16 UTC
As of now I didn't see something good for ethereum to use for but I am holding it. There are not much of a store in my location that uses it though I have heard about stores that accepts bitcoin as online payments for a product.  Maybe not too many are opening their doors to cryptocurrencies.
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Board Economics
Re: it is possible fiat currency will crashed?
by
Anewor
on 22/08/2018, 13:50:24 UTC
Well I think if fiat currency is crashed it is possible that the government may crushed just the same and maybe the cryptocurrency as well will be affected. We should understand that cryptocurrency stands because of fiat currency and without it trading is not possible. So that if had foreseen it then he could have seen that cryptocurrency as well is likewise affected and may in the same way could be crushed as well.  For now it may just be an exaggerated analysis without much basis.
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Board Altcoin Discussion
Re: I have received some tokens. Should I sell or hold?
by
Anewor
on 21/08/2018, 21:11:00 UTC
I have experienced it. I did hold my coins until the coins that I have drops to about a ten times below the ICO price. It was really not good to see and many got disappointed and they are yelling that these are scams, yet I was not actually considering them as one as I know their hard work. The team did their best but the market was just not so favorable for now. On the other hand there are also coins that have increased in value which I think succeeds in promoting their coins. So I think it is a matter of researching and analyzing when to sell your coins. But I would suggest if you really need it then sell it, if not so important then help the team by holding it.
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Board Bitcoin Discussion
Re: Bitcoin is it the Future of Banking ?
by
Anewor
on 21/08/2018, 15:45:22 UTC
Replacing money could be a difficult thing to do. But it can act as a tool to facilitate payments and other related activities or transactions. We know money is something connected or set by each government for economic stability and cryptocurrency doesn't have to be controlled by any government so I think it will not replace money besides it is very much volatile.
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Board Economics
Re: How is Bitcoin different from Etherium?
by
Anewor
on 20/08/2018, 08:28:18 UTC
Just to make it clear I saw bitcoin even when it does not have a good market, it does settle at the top of the cryptocurrency and has since then been leading in sales. It still is the most sought coin of all and during those times when market was really good it was hailed as the digital gold. So many were very much happy about how bitcoin made their fortune. Now still it is on the top because of its popularity.
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Board Altcoin Discussion
Re: More and more airdrop is a lie,
by
Anewor
on 19/08/2018, 13:13:00 UTC
Should you participate or not because you think airdrop is a lie wouldn't change a thing about it.  Airdrop in my own undetstanding is designed to keep the coins and making their coin value stable. While holding it is as if it created a demand. And while the coin value dropped is very small such that when exchanged will only result to a loss due to transaction fees. So for me it is never profitable.
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Board Bitcoin Discussion
Re: Newbies to Bitcoin can be dangerous!
by
Anewor
on 19/08/2018, 01:34:55 UTC
I would certainly agree on this. Cryptocurrency is really risky whether we like it or not, it is the nature of it as it is always unpredictable. You can't just invest and then wait for the price to move up always like what happens right now that we have a bad market for cryptocurrency. So it takes a lot of analysis and decision making process.
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Board Economics
Re: The value of bitcoin?
by
Anewor
on 18/08/2018, 11:53:54 UTC
Yes I believe  and think so. How would one be happy to sell something in his position that he has worked about so hard and just sell it to others so easily and effortlessly? I think it is a self rule or more of an instinct to ask for something big as a barter to something you did work too hard for which others do need.  I think many will agree with this.
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Board Altcoin Discussion
Re: ETH so popular
by
Anewor
on 18/08/2018, 03:36:44 UTC
As of today I think the stress was too much on ethereum as it drops heavily to the bottom if it is, around 280$ something which was the smallest value I have seen for about a year. Cryptocurrency had so much for now maybe its time to go up again soon. Bitcoin was a bit better as of now. I just hope it can climb high enough to regain its previous all time high.
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Board Economics
Re: Cryptocurrency or Stock Market?
by
Anewor
on 17/08/2018, 21:53:21 UTC
I think it would be better to see how both could make some money. It is quite difficult to say one is better than the other unless if we do try both and make a comprehensive listing of all advantages and disadvantages. Although it is good to choose the more known over unknown, choosing stocks might just be an advantage but cryptocurrency doesn't have to be dismissed as early as now. Today we are in a bad market and it would be hard to compare both honestly.
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Topic
Board Economics
Re: Success of an investment may not be true to all?
by
Anewor
on 17/08/2018, 08:15:29 UTC
I agree with you not everyone is always lucky. There are always two sides of a coin. The ones who sits on the winning side may have been so happy to learn about success but others are likewise losing. It is a matter of careful and wise decision making process and add the pinch of luck as an ingredient to the recipes of success. Just don't lose hope just continue and maybe experience will be teaching us the correct perspective in business or investments.
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Board Speculation
Re: I DON'T CARE IF BTC DECREASES IN PRICE NOW
by
Anewor
on 16/08/2018, 21:44:10 UTC
Very courageous and so am I. The only problem I see is that if you are going to use your money and the market is still bad, it would not actually even help. It would be better to have stop loses at the same time while being so strong to resist any selling no matter what.
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Board Altcoin Discussion
Re: Do bounty hunters become ICO investors?
by
Anewor
on 16/08/2018, 13:30:41 UTC
Yes many as I have known from friends. They are holding the coins as well. There are also some ICO projects though I just don't know if they were not just scams that are forcefully as I would describe it, let the bounty hunters pay an amount to recieve their bounties. I just don't understand though what was happening but I was told that many of the bounty hunters left the campaign instead of getting their coins because of it.
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Board Micro Earnings
Re: Free bitcoin earning
by
Anewor
on 16/08/2018, 00:29:13 UTC
How nice it was to see something free. Yet you should be asking why should they give you bitcoins. What is it that they would gain if you are to participate on it? Are they just rich to give you money for nothing in return? Or asking you something to pay should you withdraw your savings? Think about it maybe you can learn something to confirm that this site is really legit and not a scam.
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Board Altcoin Discussion
Re: what makes you trust a new altcoin?
by
Anewor
on 14/08/2018, 17:16:41 UTC
Cryptocurrency is something you don't just learn in a day. There are too many things to observe and understand before really getting to invest. New altcoin may or may not survive therefore the trust you put into it should be limited but one must always live a room for improvements as well.