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Showing 20 of 32 results by Butonyki
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Topic
Board Speculation (Altcoins)
Re: December is coming no real growth for alts yet...
by
Butonyki
on 12/12/2018, 09:53:30 UTC
I dont understand why people are waiting for a start of a bull run at the end of the year. We have seen some bullish movement at the end of some years but these movements were not supported by the fundamental analysis.
I think we are near the bottom and the reverse of the trend is just a matter of time but this is not because of this "December" psychology. The reverse is near because of the technical and fundamental analysis of BTC
Yes, it's dreams only. One year of dump need to be glad to finish  Grin I think we can go lower till $2.5-2.8 simply. Yes, I don't want it but my dreams are not important. Because we have such a situation on the market that I don't wait for any growth. Maybe close to Bakkt or ETF we can see that but today we don't have any reasons
These both are now the reasons for increasing the price of Bitcoin as they both can bring a lot of more investors to invest trillions of dollars in Bitcoin then we will see a fastest rise in the value of Bitcoin. Besides that we can support Bitcoin and can invite people to invest in it if we all first hold to make the price stable.
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Topic
Board Trading Discussion
Re: If you have to buy cryptocurrency for 10.000USD today....
by
Butonyki
on 11/12/2018, 13:31:45 UTC
.... which one you would like to choose if u only have the choice between BTC and IOTA?
I don’t really know anything about IOTA and haven’t seen anyone I know making use of it, but I have seen a few people throw that word around in the forum and I never had interest in knowing what it is. So if I’m to choose one among these two then I’m going for Bitcoin, because it is the best and will always be the best at all times.
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Topic
Board Economics
Re: If you had 10000$
by
Butonyki
on 11/12/2018, 08:41:49 UTC
If you had 10000$ where would you invest it?  I'm hoping for 10x in about 2 years,
If you are aiming for a 10x of your money in 2 years span then you should find those cheaper altcoins that has potential to rise more than 10x of their current price. TRON, XLM, IOTA could be a good choice if you can consider but don't expect too much in this unpredictable market.

Right now Bitcoin reached to a lower value so if he will invest in Bitcoin then it is also possible for him to get a 10X profit after two years. If ETF will be approved then we all will see that much profit within a week of the time when it will be approved. So he will not wait for years. It is expected after two months.
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Topic
Board Altcoin Discussion
Re: Never regret anything
by
Butonyki
on 04/12/2018, 11:07:48 UTC
Yes sometimes mistakes happen in cryptocurrency trading like wrong order placement, selling tokens early or before the pump this usually happens with most of the traders. In cryptocurrency industry one must have patience and passion to learn from mistake and should have good satisfaction level.
Your satisfaction level might differ time to time. Even you are able to make profits from one coin/token, you will not be able to make with another one. This is a common happening in every industry hence we should not make it a big concern with respect to crypto world.
Post
Topic
Board Altcoin Discussion
Re: Do you regret getting involved in crypto?
by
Butonyki
on 03/12/2018, 06:06:50 UTC
No why will I be angry with something I no that can make me rich overnight it’s not possible and can never be possible even duo the market is not in good form I still don’t regret it at all.
i regeret some stupid decisions but i think that it does not meam taht i blame cryptocurrecy as i can blame only myself
In the end of the previous year all of the crypto community thinks that they have made some wrong decision for their investment and they blame themselves for that but it is not our mistake. It happens sometimes in crypto which we faced even in the past and again the market recovers and good time comes.
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Topic
Board Trading Discussion
Re: Bots, AI Bots or signals?
by
Butonyki
on 20/11/2018, 10:57:20 UTC
None of the above mentioned. There should be human intervention on trading. You cant rely on just bots that will trade on your behalf based on your instructions. We always say we should separate our feelings when we trade but in reality, we still need to use it when we trade and thats what Bots doesnt have.
Well, as much as I agree with that, there are still some times when you may not have much time in your hands to trade the market, and execute your strategy intraday and you will most definitely need a bot to do that for you. However, I also understand that in most cases, when it comes to human, there are some times you will know it is a good time to just stay off the market, and that is one thing bots really will never understand.

As long as things are going with your strategy, they execute it and that sometimes may not lead well, which is why even if you use bots, that does not mean you should just rely on it completely, but at least still monitor the market once in a while to know if you will need to stop your bot based on the current market conditions or not.
I think it is quite better for a trader to do trading itself. Don’t forget that loss is there always waiting for your catch up. But what we must do, to confront it and deal it very smoothly.
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Topic
Board Speculation
Re: Bitcoin is crashing due to the falling price?
by
Butonyki
on 24/10/2018, 12:39:53 UTC
Bitcoin already so famous and whatever affect its price, still it continue to give us a better services especially about its functionality. It will stand strong whatever problems that may encounter as this is still getting more useful in the near future.
The market value of bitcoin is still on the top and will remain in top forever. Altcoin are far behind than bitcoin and there is no competition between biotin and Altcoin. People still trust bitcoin the most although the price is low these days. There is nothing to be panic and we should be optimistic and patient. Bitcoin is the leading crypto in the world and will be the mainstream in currency market in the future.
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Topic
Board Economics
Re: popularity of bitcoin dictates demand, means more profit
by
Butonyki
on 24/10/2018, 11:01:17 UTC
Popularization is only the first step, and the price of anything is affected by the relationship between supply and demand!
The price of BTC is also affected by the relationship between supply and demand. If it needs more than supply, btc will rise! On the contrary, it will fall and meet the laws of economics!
I try to tell as many people as I can in my locality, so that more and more people get awareness about cryptocurrency. When they realize the importance of bitcoin they will come to invest their money in it and thus the investment cap will increase. When bitcoin become popular among people the use of it will also increase and when people us it, it will circulate in the market and thus investors will be able to make good profits
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Topic
Board Speculation (Altcoins)
Re: In 10 years 20$ will turn 100k
by
Butonyki
on 22/10/2018, 12:36:36 UTC
Few people can boast of the same stunning growth. But up to 100k is still very long, let's wait and see the future. I think it will happen soon.
I think it will never happen because if we observe bitcoin was launched in 2009 and now 2018 is going to end after two months, and the price is still only $6400. In last 9 years just $6400. How is it possible that it will reach to $100k in the next 10 years? Other problem is this that nobody would be able to buy bitcoin because of its high price. That’s why I say that it will never reach to $100k.
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Topic
Board Speculation
Re: I don't like this stable price!
by
Butonyki
on 22/10/2018, 11:00:46 UTC
Well, Satoshi did not create Bitcoin for the so retail and wholesale people. He created Bitcoin for you & I to hold, be our own bank and trade Bitcoin Peer-to-peer. Stuff like this are pure deviation that will likely centralize Bitcoin in the long run. And once it is centralized,  ideological crypto enthusiasts will have something to criticize about.


Quote
However, if bitcoin price is not stable within a range there is not going to be adoptions


No, there is going to be adoptions. And Bitcoin is not designed to be stable. A stable price means it becomes inflationary like mere fiat.

Finally centralized/ Institutional adoption will destroy the ideals of Bitcoin because they will buy Bitcoin and sell to people just like centralized exchanges do.

Bitcoin was meant to be different from PayPal but it seems they are gradually turning into PayPal in the name of adoption.

I don't know what satoshi had in mind when it comes to retail usage/adoption, but (again assuming he was a real person and not some team with hidden agendas and whatnot) he was smart enough to know that the price would be either "a lot" or "0" in the long term, as quoted in one of his posts here or perhaps in the mailing list.

Anyway, the point is, he knew the price would keep going up, which gives an incentive for people to hoard it. Whether he saw that this would make it less interesting to use to make your groceries with or not I don't know. Im sure he did know but may not have mentioned it explicitly. The point is, your local fiat must collapse for people to spontaneously start using bitcoin out of necessity, until then, it's a better gold (which is more than enough for it to be awesome, I mean c'mon, we didn't had this only less than 10 years ago).

By the time fiat actually collapses, we will hopefully have fast, cheap transactions for retail payments, and all long term holders will be rich and ready to spend their coins.
Bitcoin is generally not for making money but for use as our local currency. If the price is not stable, it’s not a problem; you can hold your coins for more time and don’t be panic about the price. This volatility is good and profitable for many traders. You can also make money in this situation. Continuous growth for bitcoin is not good for new investors. Many people cannot buy in high price.
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Topic
Board Altcoin Discussion
Re: Should you invest in Altcoin?
by
Butonyki
on 20/10/2018, 11:55:20 UTC
I still invest in altcoins but in my own preference as not all altcoins will give us good profits. Although this is too risky, you need to research first if they are worth for your money and believe that the team will work harder for the success of the project.

In my own I also invested in altcoin but it will always depends if that altcoin is has attached with somebody and aside from that it always depends of the background of it. Well it always risky but it is up to us if we hold on and try a new things or just go with the flow with lack of experience.


Face that risk if you see that your altcoins road map has trusted and updated activities in the blockchain business. Like me and other traders have that idea in order to grow that asset for long term investments. If you're a long term trader, we need to have that patience and dedication for us to achieve a promising profit behind that goals that we have.
I require myself to invest in Altcoin, because I'm sure the development owned Altcoin was able to produce a much larger profits and gave a nice impact for my financial future. anyway at a price high enough Altcoin able to be an advantage that continues to increase in the future.
Yeah I think with huge investment I should invest in Altcoin because there are many promising coins in the market. I like to invest in Ripple because of its unique features. The price is also very low and is under $1. I can buy big quantity with small investment and if the price rise a bit I will earn huge profit. I also like torn. It is also fast growing Altcoin and is good for new investors.
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Board Gambling discussion
Re: Online Gambling Versus Traditional Gambling
by
Butonyki
on 19/10/2018, 12:13:42 UTC
Traditional gambling does have a lot of crowds in it, there are many types of traditional gambling and not just casinos, because any type in real life can be performed at traditional gambling and it will gradually be negatively affected by local security parties if gambling is prohibited in that country . It's very different from online gambling that we can do with just one click and we can gamble calmly wherever we are.

I don't agree with you...

Aren't real life Casinos Traditional gambling to you?

They have lots of "crowds" many people playing them...
If you want to spend some time with your friends and also fulfill your gambling addiction then physical casino is the better place and I think that you will enjoy a lot in traditional gambling. On the other hand online gambling is just a waste of time and money. You cannot win in online casinos and most of the gambling sites are scams and they will pay you nothing.
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Topic
Board Economics
Re: CryptoCurrencies around the GLOBE
by
Butonyki
on 18/10/2018, 07:46:20 UTC
What do you think about the popularity of Cryptocurrencies around the world, do you think many people now are aware of this Technology currencies?, how much percentage would you think and how can we expose and spread this? Smiley Smiley

Cryptocurrencies are slowly getting popular although when someone who knows nothing about it, they will have a negative connotation about it because of what they always hear in the news for those people who invested using bitcoin and since they don't know that bitcoin is a separate entity, they would immediately think that investing in bitcoin is scam.

If you want to make people be aware of cryptocurrencies then you may start with your family and friends. They would not immediately dismiss you because they know your personality and if you can properly explain it to them then there is a chance that they may consider investing in it too.
Cryptocurrency are slowly become popular around the world

Yes slowly because there are some bad info in online that cryptocurrencies are good . But if the person or community has a dedication to know the real importants of cryptocurrencies i think the crypto become most popular like bitcoin and many more coins that accepting in bank and partnership .
With the passage of time more and more people get awareness about cryptocurrency and will invest their money in it. There will be no part in the world where crypto will not reach. It is not a product that many things would be required for its delivery. It is internet base currency and in the near future it will cover the whole world. Currency is acceptable to everyone.
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Board Marketplace
Re: Why the market is falling and why not be afraid
by
Butonyki
on 17/10/2018, 11:50:58 UTC
I agree with you, bitcoin falls and other crypto currencies, because also from people who panic sell. They are the main reason why the decreasing value we all know about FUDS out there but some of us don't understand and that affects the value if they sell their assets then the value of bitcoin and others will decrease.
As you say the market continues to fall and increase since it was launched so that the current fall will also be temporary and prices will start to rise when there is some positive news for bitcoin. And start investing from now before prices bounce back.
The whole crypto market ups and downs with the price of bitcoin. In these days the price of bitcoin is almost constant and there is no growth for several months. It is not good overall, but we should bear these tough times. The market is falling because the investment capital is decreasing and there is no big demand from investors all over the world.
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Topic
Board Marketplace
Re: Have you ever bought a product with Bitcoin and what do you want to buy?
by
Butonyki
on 16/10/2018, 08:00:50 UTC
Today, many people use Bitcoin for investment purposes. There are a lot of people who have paid with Bitcoin before, what do you think about this?

I used to buy things with Bitcoin back then when it was cheap, but since I haven’t been doing. When I want to buy things I do it the normal using fiat. I no longer see any use to making use of cryptocurrency in buying the things I need, it’s kind of like wasting time, well I just feel like I shouldn’t be using. I just use Bitcoin for savings now, or should I call it investment? Whatever, I also trade with it.
No, I never bought a product with my coins but I regularly use my bitcoin. When I make some coins I cash them out and change them in my local currency and use this money for my daily needs because I have no other job. I just earning money from bounty campaigns and I are very happy. I can earn quite handsome money from my bedroom. It is all because of cryptocurrency.
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Topic
Board Gambling discussion
Re: Is Gambling addiction a disease?
by
Butonyki
on 15/10/2018, 11:02:27 UTC
i've always found it very strange that things like alcohol, drug and gambling addiction are described as diseases.

it seems much more like a psychological condition to me. to cure it your need your behavior patterns restructured which is not something an operation or drug is likely to solve.

on top of that addiction implies a physical need whereas gambling is a craving or compulsion. an alcoholic or heroin addict may suffer severe physical consequences if they don't get what they're addicted to. it's not quite the same for a gambler but no doubt they're gonna be sad.
In my opinion gambling addiction is not a disease because a disease can be traded in hospital but addiction cannot be traded anywhere. An addicted person can leave ambling but not forever. After some time he will start again and this thing distinguishes addiction from disease. Yea we can call gambling as physiological disease and can be treated only by best friends and family members.
In my opinion gambling is an addiction and not disease, because you cannot quit gambling and when your disease accedes it will not leave you till death. One you cannot leave and the other does not leave you. This is the difference between addiction and disease. Therefore I can say that gambling is an addiction because you cannot leave it until it destroys you.
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Topic
Board Trading Discussion
Re: Trade or HODL?
by
Butonyki
on 11/10/2018, 12:15:54 UTC
When the market is red and drop like now, of course hold is a good step, we must be optimistic that the market will soon recover so that with a hold, we get a big profit someday.
Yeah you are right in this situation holding is better for saving your coins, but one thing is very important that skilled and experienced traders can make money from this bearish situation. There is fluctuation about $200 to $600 in bitcoin price and if you observe the market keenly and do not miss any positive movement, you can make handsome profit from trading even in this rough situation of the market.
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Topic
Board Economics
Re: Is wallet security important to use?
by
Butonyki
on 10/10/2018, 12:15:56 UTC
First and foremost, it's the very most important thing to do with your crypto holdings. Nobody here wants to get hacked by hackers and have their wallet looted by these criminals. Security must come first and anything else will also follow.
You are asking like is it important to lock your money before leaving the room. Of course it is important and necessary. If you are not secured then your money may be hacked and you can lose your money in seconds. Wallet security is important for the future of cryptocurrency because if everyone loses his money due to weak security system, nobody will trust it and it will end soon.
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Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
Butonyki
on 06/10/2018, 10:36:38 UTC
In the general history, the crypto-currency is still quite a young market and it is still developing. Based on this, the potential is great for bitcoins and other digital coins: in the future, the price in my opinion will grow further. The game includes more and more players - from private buyers to large corporations. This only strengthens the positions of the crypto currency. Appear ico projects with good business proposals. These coins also give a good profit.
Yeah you are right. Many people in the world in this day do not know even the name of cryptocurrency. It will take long time for them to know cryptocurrency and put their money in it. it is a matter of money and when there in money involve people think 100 times before investing their money. Although bitcoin is the leading crypto in the market but there is no or very little demand for it.
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Topic
Board Economics
Re: Germany recognized the bitcoin
by
Butonyki
on 06/10/2018, 09:48:09 UTC
This is a great chance to bitcoin to known in the whole country of germany and all people there will believe in crypto and to other country this is the proper opportunity that they imitate Germany because of this nice move, other countries will follow and understand their understanding of bitcoin.
at least countries that are next to Germany will find out and hopefully imitate Germany's steps. moreover the countries of European Union soon followed, this is good news for BTC
Vietnam, China, south Africa, Japan, India, Russia Australia and now Germany and in the near future we will see more countries that accept cryptocurrency especially bitcoin as their legal and regular currency. Gradually the whole world will accept crypto and will use it for their expenditures and daily needs not only in big companies but also in their local market.