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Showing 20 of 82 results by Beegovere
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Board Marketplace
Re: what are the things to consider when looking for a good exchange?
by
Beegovere
on 21/06/2019, 10:01:44 UTC
I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
This question is getting too much in this forum. This should no longer be a question. Just cut it short and go for the popular exhcnages cause you're already aware that they are not going to disappoint you. You will only have problem if you're the type that keeps going for all these small exchanges that are going no where in this life and only good at faking their trading volume. There are good exchanges already, why not choose Coinbase, Binance, Huobi or Kraken? You have these good sites and even more of them that has good reputation, so why keep on asking this question? Huh
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Topic
Board Speculation (Altcoins)
Re: Crypto Currencies today !
by
Beegovere
on 01/12/2018, 07:29:54 UTC
Like other traders, I'm curious as to why the Crypto market is as bad as it is today, is there a particular reason?
the market just needs a pause as after any growth. I hope that this pause will not be long. most likely in January will begin a new growth

With the come of bakkt in january, I'm also hoping that will likely happen for the new growth of our market. I wish there is no word for delay by them just like before.
Due to some news like swiss ETF and some other it was delayed but it looks like a fixed date now and that will work on that date which is suggested by them. In that days the market will face a new god time and after that we will see a golden time in the crypto market. Till that we have to wait and have to patience.
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Board Altcoin Discussion
Re: Do you still believe and invest in ICOs? Why?
by
Beegovere
on 01/12/2018, 06:58:51 UTC
I always believe in what I do. Now I am fully confident that ICO and cryptocurrencies have a great future. Most likely it will be something grandiose and the opportunity to be at the beginning of the way is a pride for me
It is right that the future of ICOs are bright but we have to take care that we invest in those ICOs which have a great product and the team of the project will not leave the project in the mid. These high potential projects will have a high price in the future when the market will be up so the investors will be the wealthy persons from that project.
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Board Trading Discussion
Re: We Can Pump the Market 100% .
by
Beegovere
on 17/11/2018, 07:11:14 UTC
If all whales doing that its will be possible to pump all crypto, but for now look whales only want to dump the market to get cheap price. So we should be follow the trend of the market, follow the trend so we will make good profit and we can minimize loss.
No man, they aren’t doing anything for bitcoin. If they would have, believe me prices would be more than current. These whales have so potential that can change the whole scenario of market.
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Topic
Board Altcoin Discussion
Re: KYC for ICO, is it good or bad idea?
by
Beegovere
on 23/10/2018, 08:46:39 UTC
KYC alone is already a bad idea, IMO. Sending your sensitive information to them which might be used against you as your ID contains vital information that would help them hack your account. Rumors has it too that the information you send to them will be sold in the darkweb and they will earn money from your data.
Nah… I know a lot of people will be against the idea of having KYC for ICOs, so am I, but they are important for ICOs and I read that the US SEC is preparing to prosecute ICOs that are being held without KYC. Things can have advantage but there will also be disadvantages, cause some stupid will always try to find a way of misusing that good thing. I’ve also come to know that it is fake ICOs that don’t require KYC. Majority of the legit ICOs require KYC for it.
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Topic
Board Marketplace
Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE
by
Beegovere
on 22/10/2018, 11:52:01 UTC
Totally agree that all-out investment is not a smart decision. For investment purpose, voalidity and risk should be always put into consideration. In cryptocurrency world, there're mainly business forms like this: opeing exchange, mining machine, wallet in payment field and other deriviate product. I personally suggest invest in payment field with either less volatile and lower cost to run. Bitcoin ATM would be the best choice to most of ordinary investors to get involed in cryptocurrency business. Here is one for your reference.
www.dobiatm.com/twowayatm-violet.html
Email me if you need help with Bitcoin ATM. viva@outlook.com
Everyone will advise you to invest a part of your investment in cryptocurrency and see the results. If you are satisfied and think that it is good than any other investment, then you can add more money in your investment. If you did not satisfy with this investment, you can put the rest of your money in some other business. But it is not good to invest all your money together.
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Topic
Board Economics
Re: What do you think about crypto currency issued by the government?
by
Beegovere
on 22/10/2018, 10:40:06 UTC
It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
 
How do you think about these crypto?
I don’t really know how it’s going to be for other countries, but judging from my own country government, if that should happen then we are finished. Doing such means creating a way for them to even make away with people’s money without being traced. I do know that Bitcoin can be traced, but not in a place like my country, they will always make away with their evil acts. So I’m not support in government taking over.
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Board Gambling discussion
Re: Online Gambling Versus Traditional Gambling
by
Beegovere
on 20/10/2018, 11:36:27 UTC
Comparing between these two gambling options the traditional and the online gambling are having differences but still, they are the same way a gambling. Here we go, online gambling is easy to access even you are in the office or the room where you can gambling but traditional you need to go outside just to play gambling. You know already the pros and cons when you are in gambling, so, better don't let gambling controls you.
This is the bad thing of online gambling that it provides you gambling facilities everywhere. If I like traditional gambling the reason is that you will to visit casino, spend time there and many people don’t have enough time for casinos. Therefore they seldom gamble, while online gambling is playable from everywhere anytime and this is the sign of destruction.
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Board Speculation
Re: What is happening with cryptocurrency ??
by
Beegovere
on 19/10/2018, 11:52:44 UTC
In my opinion what happened with Crypto was normal, prices went up and down because they were adjusted to stock and demand, but I was sure that the factors that caused prices to drop were due to the many projects and coin scams that made people afraid to put money in crypto.
Yeah you are right. In cryptocurrency the price would never remain constant. It would fluctuate time to time and may be on daily basis as it is right now. The price in these days is suffering from great correction but doesn’t mean that we should leave the market or we should convert our investment to Altcoin. When bitcoin rises other cryptos will also rise.
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Topic
Board Marketplace
Re: can bitcoin in the future surpass gold?
by
Beegovere
on 18/10/2018, 12:29:11 UTC
Besides that both are investment categories, from my point of view Bitcoin and gold can't be actualy compared and because of that it's hard to tell that Bitcoin will or will not surpass gold.
If you look only at price then Bitcoin is already better than gold but on the other hand I.think there will be always more people investing and trusting in gold than in Bitcoin.
Gold has since ever been one of the most valuable store of value for the people and it will stay so for a while.
I also think that investors in Bitcoin and gold differs, these are different categories of investors with different risk apetites and investment strategies.
In my view investment in bitcoin is more profitable than gold because the price of gold is also not increasing consistently and decreases after some time. Gold should not be increased from some specific price otherwise average people in community will not be able to invest in it. Bitcoin is the way of making more money while gold is for use and for hard times in life.
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Topic
Board Economics
Re: Do we need blockchain technology?
by
Beegovere
on 18/10/2018, 06:33:10 UTC
if you tell people how much this protection system is perfect at the moment, it will be their requirement, which will have to provide the market

Of course we need blockchain technology in the future. it has already started work but still people are not ready to accept blockchain technology even governments are doing their survey about this technology and when the complete they research and realize that it is good for the people and economy as well they will allow this technology in their respective countries.
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Topic
Board Speculation
Re: Is bitcoin worthy to buy ? right now?
by
Beegovere
on 17/10/2018, 12:13:04 UTC
Yes.All the time.The price of bitcoin is vary frequently , because it's decentralised cryptocurrency.So you can buy at any price and sell at any price.Inorder to avoid of loss in bitcoin trading,you have to use the trading principle. Trading principle is buy at low price and sell at high price.It may any price,you will get profit at the next raise in the price of bitcoin.
Of course bitcoin is worthy because the price is quite low and today’s investors will make huge profits in the near future? This bearish situation will not last for long and soon will be recovered because people are now turning back towards bitcoin and they realized that bitcoin is the only hope for a better future. All other coins will not last forever or they will not be profitable in the future.
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Board Trading Discussion
Re: If you want to be successful in trading..
by
Beegovere
on 17/10/2018, 11:05:35 UTC
The only way to become successful is that dont easily be fooled and dont sell your coins in the dump. How can you become successful if you dont have enough resources to play with? Hang on what you have and explore trading practices youve experience and not experienced.
Market awareness is mandatory for traders. If you have no idea about the current and upcoming market situation, you will never be successful in trading. There are many other factors which are necessary for a good and successful trading, like experience, skills, techniques and tactics. A successful trader must have all these qualities.
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Topic
Board Marketplace
Re: Amazon accepting Bitcoin - What can go wrong?
by
Beegovere
on 17/10/2018, 09:20:11 UTC
I see a lot of people pushing for companies like Amazon to accept Bitcoin as a payment option. Have we considered the

implications of these decisions? Let's say we cannot scale to "service" the need for millions of new people who would use

this technology for the first time. What a big embarrassment would it be, if people waited 13 hours for their transactions to

be confirmed. Doing this now will hurt Bitcoin more than any other "bad" thing that has happened to it before.

We need to wait for the perfect scaling solution to address this problem, before Amazon or any other big retailer starts to

accept Bitcoin as a payment option. The Lightning Network might get us close, but it is not a proven technology yet.

Let's hear your thoughts on this?  Huh Huh
I don’t see any much disadvantages in Amazon accepting Bitcoin as a payment method except that transaction takes a few minutes and not hours like you said. If Amazon accepts Bitcoin, it will raise people’s interests and lots of people would love to try out Bitcoin and see how it works.

And by the way, the time it takes for your transaction to be confirmed depends on the fees to chose to pay; priority or regular fees. If you choose priority, your payment will be processed faster.

Well the thing is, the transaction is not instant, and yes in some cases it can take several hours if you are not willing to pay a reasonable fee. The thing is, some are not willing to pay a $5 fee if they buy a book that costs $10 (that's 33% fee).

In my opinion, Bitcoin would be more interesting and convenient to be accepted by flight companies, or car dealers, and obviously in the real estate. I very doubt Amazon will accept Bitcoin any time soon. Hope to be proved wrong of course.  
I agree that there are some issues relating to transactions but as the use of crypto increases the developers will also go into new innovations in this technology. They will provide ease to its users and will overcome these issues soon. It in the future the use of crypto will be normal and we will have many transactions platforms, then I think nobody will wait for long time for his transitions.
It is good decision and to my knowledge there is nothing wrong in it. Many other big online companies also started accepting bitcoin as their payment method. By these steps company and customers both will feel ease and comfort. In the near future we will see that local markets also accepting bitcoin and there would be no need to take cash in your pockets.
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Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
Beegovere
on 16/10/2018, 07:10:09 UTC
Looking at the chart in the long run, I see the value of Bitcoin still rising sharply. Accompanied by that its mass has dropped a lot. This shows that it will be very valuable in the future.
The last quarter of  year has started and everyone knows that bitcoins perform well in the last part of the year. That’s why whales are accumulating the bitcoins and I think we may see bull run any time now. Its just a matter of days now.
Yeah I agree with you. The price of bitcoin is gradually increasing with the passage of time and the increasing market cap. In these days the market is in bad conditions but it will not last forever and good days will return soon. The price will go up and I am sure that it will cross $10000 till the end of the year if more and more people put their money in bitcoin.
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Board Marketplace
Re: Bitcoin versus other offline currencies
by
Beegovere
on 15/10/2018, 10:06:25 UTC
As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?
What do you mean by offline currencies? If you’re referring to real or conventional currencies, then you’re wrong. Currencies like dollar operates both offline and online, cause we have online banking and we also have cash, so saying that conventional currencies are offline only is wrong. It is even better than BTC because BTC can only be used online and not offline.
Offline currencies have no future and bitcoin is the future currency. If you invest in other offline currencies you will have to sell them finally because in the near future you will understand that bitcoin is going to take over the market and all other currencies will disappear from the market. It is better to invest in bitcoin today instead of waiting for the future.
In my opinion there is no comparison between bitcoin and offline currencies. You can shop online for bitcoin but you will have to transfer other currency through money exchanger and also convert your local money into dollars or in what is needed. Bitcoin is not only a usable currency but also a very profitable business and mostly people invest only for earnings.
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Topic
Board Speculation
Re: This is the big crash of 2018.
by
Beegovere
on 14/10/2018, 07:27:13 UTC
Hold on, this is going to be a deep dive! With little support and a broken protocol.
See you guys at 3000.
I don’t think that the price will ever drop to $3000, because it will be the end of bitcoin. People are looking forward and they have invested in respect to earn free money. If they do not earn money rather lose their investment, the rest will never invest in bitcoin in the future and the miners will also stop mining due to lose money in mining process.
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Topic
Board Speculation (Altcoins)
Re: Ethereum the future of cryptocurrencies.
by
Beegovere
on 13/10/2018, 14:23:30 UTC
I think ethereum is gaining more acceptance among business and that is why we are seeing many icos using it to raise funds from the public.  We should not undermined the significant of this in cryptocurrencies development because a particular coins must be adopted for a particular purposes and that is what I see with ethereum and fund raising.
I think your post is a bit strange. We all know what ETH is, Pope Francis Vitaly, not once explained to us about his centralized miracle. I am sorry to upset you, but you should not expect anything good in the future from this project. This is just a beta test.

So if you called ethereum as a beta platform and then the whole of crypto should be even lower than it. Some of them don't even release the platform. if you are called it as beta and what's the product that has already created in the cryptocurrency? I thought that you can answer it easily dude.
Grin I really understand that the fact he is calling it a beta platform is just more like saying we are in the testing phase of Ethereum, but making it a beta test is not a bad thing as that shows there would still be development eventually. So, in that essence, if there is development or not is what would determine if there would be growth or not.

Ethereum is actually not a bad asset and it has its great usefulness in the space for smart contract purposes, unless we want to deceive ourselves, and I am sure the dev will not be in their comfort zones without at least coming up with ways to do things better in the long run to at least keep making the platform to keep being relevant.
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Topic
Board Economics
Re: Breaking: Harvard, Stanford, & MIT Have All Invested in Cryptocurrency Funds
by
Beegovere
on 13/10/2018, 13:39:07 UTC
I am pretty sure as the leading academic places these schools needed to be part of cryptocurrency world no matter what just out of curiosity if nothing else. That's what scholars are, they are people who go places no one ever went before (or few did) and try to find what it is and what it is not and write articles about it informing the current and future people.

There wouldn't be any of the improvements we have in the world and no information about them would exists as well if it wasn't for scholars. Hence it is no wonder that these schools are taking a dip at the crypto markets as well. Maybe not directly take money out of their budget and buy bitcoin with it but at least try to make their own blockchain tech to improve something.
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Topic
Board Gambling discussion
Re: Does convince people to enjoy gambling is a wrong idea?
by
Beegovere
on 13/10/2018, 11:08:25 UTC
Convincing people to enjoy gambling is not wrong imo. It's a nice pastime if you are not abusing it. But convincing someone to make money with it, especially selling them "winning strategies", dicebots which can "earn" a certain amount in a certain period of time etc. is a very wrong idea.

I thought if every gambler was reading Gambling discussion section here, such propositions would be pointless because no one would fall for that. Unfortunately I was wrong about that. People either can't read or they think that they know better than that, but they still fall for such things.
Yes, I agree with your post mate, convincing people is not wrong especially in the time that your friend was very happy with gambling.
You can warn your friends the possible to happen if they didn't control their selves in gambling, they are in the right age to think what is right or wrong that the decision they made in gambling. People still think that gambling is profitable but the real thing is it might be lost your poverty and asset.
Yeah you are right but I don’t know how a person can be happy while losing his money? It is possible only in physical casinos. When you convince your friend to company you in casino and he agrees. To this limit it is ok but going beyond this limit is total destruction and your best friend can become criminal in the future. Why you not give him good advice besides gambling?