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Showing 20 of 1,371 results by BillCoin
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Board Services
Re: [Open] 🚀 Sportsbet.io 🚀 [Signature Campaign] 🚀 [Hero-Legendary]
by
BillCoin
on 17/07/2018, 18:16:12 UTC
reserved
Post
Topic
Board Altcoin Discussion
Re: Just sold everything and bought Cardano!
by
BillCoin
on 14/07/2018, 08:24:51 UTC
Even if Cardano has an huge potential as you said , I would still not make such a dramatic move, selling your whole profitolio just to buy a single coin is not a right move because if this coin goes down you will lose a large amount of your stash.

Make sure that you split your stash over several coins, so even if one of them goes down you won't stay away empty handed, always make risk management if you want to survive in the long run and to make money, especially if we talk here about the cryptocurrency market which is very risky.
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Board Altcoin Discussion
Re: Should I buy and hold Altcoin now?
by
BillCoin
on 14/07/2018, 08:02:25 UTC
you shouldn't listen to people who says that cryptocurrency will go up in the future, you should be only listening to yourself when it comes to investing.

Altcoins is a very  large term and when you say this term you should be referring to something more specific.
Each altcoin has it's own unique features and you should decide on a specific one based on how potential you think it has and what is the success rate you think it might has.
When investing in altcoins always consider the risk that it might involve as most of the altcoins tend to go up and down really frequently and in an aggressive way.
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Board Altcoin Discussion
Re: Investment in Altcoins give more profits than Bitcoin
by
BillCoin
on 13/07/2018, 22:54:35 UTC
It's not like altcoins are a better choice for investment, it's altcoins that provide a higher amount of money but also involves a greater risk, you have a larger risk for the chance of  winning more money, sounds like a fair deal.

If you choose to invest in altcoins I would recommend you to make a strong research in this section because usually altcoins tend to be junk and if you don't know what you are investing at then your chance to lose your money, is much higher.

If you decide to invest in altcoins make sure that you don't invest more then you can afford to lose/
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Topic
Board Altcoin Discussion
Re: ETH next to BTC?
by
BillCoin
on 13/07/2018, 22:51:21 UTC
Ethereum came to offer a solution for initital coin offering and nothing more, while bitcoin came to offer a way to be a store of value.
It's much different and I think that if you believe that ICOs are the future you should put your money in Ethereum.
On the other hand, if you think that the world needs a way to store funds then your choice would be bitcoin.

Personally I think that the hype around Ethereum ICOs has been stopped and the demand for ICOs has been just decreasing, so in this case I would go with bitcoin, for the long run I think that bitcoin is going to overcome all the coins as it's system is much more stable, and it has been around for much longer.
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Board Altcoin Discussion
Re: Can the massive creation of Altcoins can be stopped?
by
BillCoin
on 13/07/2018, 08:20:56 UTC
It can not be stopped because altcoins allow anybody to make them you don't even need to have any skills or anything special ,the big difficult here is to be able to gather money from investors, you need to show that your product will be successful and they are most likely to make money on their investment.
The real problem with junk altcoins that they usually aim at newcomers, they show them an attracting youtube video to make them invest, and they usually don't have any real idea or real development team to make the project actually go live.

Altcoins are very dangerous and involve a much higher risk level then investing directly in bitcoin.
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Board Altcoin Discussion
Re: Token goes down. Wait or sell?
by
BillCoin
on 12/07/2018, 15:48:30 UTC
It really depends what is your strategy and if you really know and support the token.
If we talk here about something that you received from a bounty campaign, I might think here to keep it a bit more because you didn't invest anything and even if you lose it, your money is not in a risk and you might only lose a potential gains.

If we talk here about a position, you by yourself probably know what is your position and why you entered it, following that reasons you will be able to make the decision to sell or not to sell.
Remember investing in tokens is very dangerous and shouldn't be invested with money that can't be afforded to lose.
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Topic
Board Marketplace
Re: hitbtc removes coins from trading without announcement?
by
BillCoin
on 12/07/2018, 15:45:41 UTC
Not surprising, you can be happy about the fact that you can still withdraw the currencies that they removed from trading, when it comes to HitBTC you can never be so sure.

They don't even have a support, so you can't even complain to anyone, presonally I would stay away from exchanges that you cant know who owns it, because they can just run away at one moment and nobody will know who was the owners, it's much more easier to make a theft in such a situation and we should take double caution when it comes to the cryptocurrency market.
I can recommend you to use Bitfinex, it might require you to reveal your identity but they are much more regulated which makes me less concerned about it.
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Topic
Board Economics
Re: Can Blockchain help eliminate the basic problems in the world?
by
BillCoin
on 11/07/2018, 20:17:12 UTC
Blockchain is able to bring decnetralized to the community, which soon can be converted for bringing the power back to the people.
Nowdays, big companies are able to control the people with monopoly, they are able to control one section that usually causes the poor people to pay huge amounts of money just because they don't have any other place to get this specific service from.

Bitcoin is going to save a lot of money to the community and is going to save it from big companies and organizations that are just trying to use and hurt the community and make money on our back.
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Topic
Board Economics
Re: How the Bank works to make money?
by
BillCoin
on 11/07/2018, 17:13:38 UTC
They base their profits on people who stores their funds in the bank unlike bitcoin, people who stores money in the bank's system actually let the bank holds their funds, and they can simply do whatever they want with their customers funds, even if involves investing people's money even though they don't have more money to cover that.

Not only that, they receive money from loaning money to people( even though most of the money that they loan to people they don't really own), and they receive tons of money from covering interests.
They work with credit card companies and they get interest % for processing payments.
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Board Gambling discussion
Re: Lottery or Sweepstake?
by
BillCoin
on 10/07/2018, 20:33:27 UTC
I would prefer a lottery because it means that I have potentialy more funds to earn.

Making one single ETH won't make me richer, but hitting the lottery will change my life status for ever, I would rather take the risk to change my life status then taking a short risk that will probably won't affect my life status at all.
Anyway, sweepstake happens much frequency which means that you have a larger chance of getting addicted to that and losing more money- as lottery rarely happens you won't lose a lot of money even if you become addicted to it.


Overall you should make sure that you know betting is just for fun and bet on what makes you more happy.
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Board Gambling discussion
Re: Does this sound realistic?
by
BillCoin
on 10/07/2018, 15:42:39 UTC
Yes, the theory is right for the long run.
If you make 1 million bets of 10 cents, and the casino takes 1% house edge, you will end up losing about 1000$ which is equal to 10K bets or 1% from the total bets you did.
But if we talk here about a the very short term then the chances of you to lose/win more is much higher because there are less hits in total.
Personally this theory comes to teach people that they can't base there salary on gambling or even see it as a work, because in the long run they are guaranteed to lose.
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Topic
Board Speculation (Altcoins)
Re: Now time to buy and hold altocoin?
by
BillCoin
on 09/07/2018, 16:47:35 UTC
I don't think so as it seems the hype around altcoins is just decreasing and it is just about time before the next drop.
I have seen the market in a lot of situations and it turns up to be a bad one as the volume around is really low and the chances for a recovery decreases.

On the other hand the cryptocurrency market is very surprising and you can't really know what is going to happen in advance.
Personally I will stay away from altcoins when the market is in trouble because altcoins tend to hurt much more then bitcoin.
At both cases don't invest money you can't afford to lose.
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Board Altcoin Discussion
Re: what causes the price of crypto down
by
BillCoin
on 09/07/2018, 16:15:04 UTC
Simply more supply then demand, it could be caused by a lot of reasons.
One of them- the believe of people that the price of bitcoin will go down in the short-term so they prefer to sell in order to save in costs/to buy cheaper bitcoins.
Another thing may be a strong player that decided to sell his bitcoins after buying a large quantity just to move the market to the side that he wants.
It could be a market manipulation, and the manipulator earns the ability to buy cheap bitcoins, which is very important in the cryptocurrency market.

Post
Topic
Board Altcoin Discussion
Re: Big company involvement in crypto will make Bull market come earlier?
by
BillCoin
on 07/07/2018, 16:52:19 UTC
Bull market is going to be achieved if we are able to get a big exposure to the market.
For an example, if a small company decides that it sees bitcoin as a legal tender- then we might get enough exposure to have a good amount of hype that might drive us higher.

A big company involvement won't change much, there are already big companies involved in the cryptocurrency market and it's not like it changes the situation a lot.
A big company involvement might be good for the very short term- but won't do a lot to a 200B$ market.
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Topic
Board Altcoin Discussion
Re: Eth fees are up 7000 percent
by
BillCoin
on 07/07/2018, 16:35:11 UTC
It's pretty funny because few months ago, when bitcoin's fees started to be an issue for bitcoin's users- Ethereum users laughed at bitcoin's users and one of the things that they presented as an advantage over bitcoin was the very low fees that ETH had compared to bitcoin.
Now when bitcoin has a much lower fees as the lightning network just came out and provides a solution for bitcoin users- the fees factor is no longer being presented when comparing between bitcoin and Ethereum, people likes to show the parameters based on the result they want to see.
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Board Bitcoin Discussion
Re: BTC.com scamming me of my legitimate bitcoins - Any Suggestions
by
BillCoin
on 06/07/2018, 13:52:13 UTC
That's a lesson to learn- you can't really force them to return you anything as the funds weren't yours.
Once you put your money in a wallet that is being controlled by a 3rd party(it means that a 3rd party owns the private key to access your coins, or you own the coins but a 3rd party have an access to your private key), it totally means that you don't really own the bitcoins.

I really hope that it wasn't a large amount of money and it might be a lesson that we should only use open source wallets in the future, even if we are talking about small amounts, because if we give the access to the wallet to a 3rd party we can't be surprised if we find out that we lost our funds.
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Topic
Board Bitcoin Discussion
Re: Are zero transaction costs possible?
by
BillCoin
on 06/07/2018, 13:49:17 UTC
For the users ,Yes.
For an example see EOS, it offers a platform where the service provides are also those who pays for the fees, which means that the users have nothing to worry about fees.
Not only that, some Proof of Stack coins won't even require you to pay any fees  for the miners, as the miners are just random people who owns stacks in the network and are being chosen randomly, It makes the life much better because there are no fees to be paid, but on the other hand, it might make the currency that is being used in the network to suffer from an deeper inflation.
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Topic
Board Gambling discussion
Re: How much bankroll do I need to start a dice site?
by
BillCoin
on 05/07/2018, 23:27:29 UTC
It's all depends what is the max bet your are going to offer, you need to have atleast 20 times more bankroll then the highest amount of money that someone could receive from one roll.
For an example, if maximum bet is 0.1btc on 10% roll, then you should have something around 18-20 bitcoins in your bankroll so in case of someone that bet max and win you won't have a very decent loss, and also you will be able to cover a large amount of max-bets in a case of bad luck.

Always make a spread so you won't feel that you are dangerously close to losing your whole funds.
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Board Beginners & Help
Re: How is the best way to tell a fake ICO
by
BillCoin
on 04/07/2018, 16:45:34 UTC
I think that best way is going to check how the ICO is publishing itself.
If they are doing it by publishing the project then we are good, but if they do so by publishing how much money the investors can make from investing in the project- it shows that they are really greedy and shouldn't be trusted.
On the other hand- a also very storng indicator to consider is the devlopment team, if the team is unable to show a record that they were able to go out with simillar products or that they really have the ability to finish the project then I wouldn't invest in them either.
If the team is unable to finish the project your investment will probably ended up as a loss.