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Showing 20 of 358 results by ChainSmoker
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Topic
Board Speculation
Re: PRICE DOWN???DONT PANIC SELL....!!!
by
ChainSmoker
on 15/03/2018, 06:21:33 UTC
Current decline in bitcoin price is because of Mt Gox sell.They won't be selling till september now and thus chances of Bitcoin bullish trend is low now as people fear Mt Gox may dump again.I hope we get some good news and bitcoin price rises again Smiley
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Topic
Board Beginners & Help
Re: How to choose the right exchange?
by
ChainSmoker
on 07/03/2018, 12:51:32 UTC
Before using any exchange i consider following things.
1.If it has KYC or not.I only use exchanges that have no KYC.We are using crypto right? Tongue
2.If should have instant withdraw for cryptos.
3.It should be well known and reliable exchange.
4.It should provide good number of security options. Smiley
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Topic
Board Economics
Re: Bitcoin as national currency?
by
ChainSmoker
on 27/02/2018, 05:59:56 UTC
Could it be possible that in the future there are countries that use bitcoin as the national currency??
I don't think it is possible. Countries may start accepting bitcoin as a means of payment but i don't think they will declare it as National currency because if they do then it will damage their own currency and the value of their own currency with depreciate over time when compared to other countries currencies.
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Topic
Board Speculation
Re: Bitcoins' pullback is over!
by
ChainSmoker
on 20/02/2018, 14:48:03 UTC
Being the long term bitcoin hodler, I was confident bitcoin price will be back and rise again and it is happening right now.I utilised that opportunity to buy more bitcoins Grin I am sure we are now heading to ATH again and also those politicians can't do shit against bitcoin Tongue
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Topic
Board Bitcoin Discussion
Re: What do you do with your crypto?
by
ChainSmoker
on 13/02/2018, 14:06:00 UTC
I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
I only do 1 thing buy Everytime the coin falls and keep hodling long term and only spend when i have to buy something. Basically i treat bitcoin like fiat and use it as a real money. Smiley
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Topic
Board Speculation
Re: How low will BTC reach?
by
ChainSmoker
on 06/02/2018, 16:42:59 UTC
How low will BTC price reach?
Just to know what you guys think
We are already seeing bitcoin crash from many days now.I think whales will soon stop emptying panic sellers Grin I think bottom is already passed and now we will see a steady recovery Smiley
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Topic
Board Bitcoin Discussion
Re: Bitcoin cannot crash or go down.
by
ChainSmoker
on 30/01/2018, 14:05:16 UTC
Bitcoin cannot crash nor go down against the dollar. You can print as much US dollars or fiat currency as you want. BUT YOU CANT CREATE MORE THAN 21 MILLION BITCOINS. If everyone just realize that fact, it would never stop going up. It seems like the idiot stupid fools that are selling since December don't know that. It is just as simple as that.
I agree with you but nothing can constantly go up including bitcoin.Only noobs don't sell.Big whales do too to earn profit by dumping. Roll Eyes
I know bitcoin is undervalued still.I know it will surely one day be worth 50x than today.But it won't happen constantly.It will happen by pump and dump like it always happen with bitcoin price Smiley
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Topic
Board Speculation
Re: Last price of Bitcoin
by
ChainSmoker
on 23/01/2018, 10:02:33 UTC
I think we will see recovery soon and by the end of the month,i think price will be between 14K to 16K.The people who are dumping now are panic sellers.Strong hodlers will keep hodling Smiley
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Topic
Board Beginners & Help
Re: "Buy low, Sell High" : Now or wait?
by
ChainSmoker
on 18/01/2018, 04:36:38 UTC
Hi everyone !

I'm reading this forum for a couple of days now and I decided to invest on Coinbase.
But as you BTC is dumping right now and I don't know if I should buy now, or if the dump will go on for a couple of days/weeks...

Do you have suggestions? I want to hold as much as possible but also reinvest a part of my profit (if I make some) in altcoins after.

Thank you Smiley


According to me,now will be the best time to buy bitcoin because bitcoin price dropped in good percentage in last few days.Whales are cashing out their profit and they will surely invest back in soon when the panic sellers stop feeding then the price will rise up again.If you consider to hold bitcoin long term then you can't be wrong with your decision of investing in bitcoin because we all know bitcoin price rises long term  Cool
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Topic
Board Beginners & Help
Re: How to sell any cryptocurrency for USD?
by
ChainSmoker
on 11/01/2018, 09:49:04 UTC
Is there a way to sell any cryptocurrency for USD quickly?
You can't sell some altcoins for USD directly because most of the exchanges don't have USD pair for them but majority do have BTC/USD pair so what you can do is sell altcoin for Bitcoin and then sell BTC for USD on exchanges. Smiley
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Topic
Board Speculation
Re: When bitcoin price will be increased again
by
ChainSmoker
on 10/01/2018, 12:29:42 UTC
If you are currently in loss than my advice would be to simply hold your bitcoins.There is no charge for doing that.Have patience and wait long term you will surely make profit.Don't do noobie mistake by panic selling at loss if you see bitcoin fall more.It's price will recover back one day as it always does Smiley
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Topic
Board Off-topic
Re: Everybody is joining..
by
ChainSmoker
on 09/01/2018, 12:52:05 UTC
Altcoins are taking benefit of the doubt and also benefiting from the popularity of Bitcoin Smiley They are rising in value because Bitcoin is.I am not saying every altcoin is dependent on Bitcoin,some altcoins do have unique features that Bitcoin doesn't and that helps them in adoption amount people.More and more people are getting aware of crypto currencies via media,bitcoin price hike etc and people believe alts are in early stages and they will be big someday like Bitcoin so people invest in their favorite altcoin Smiley
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Topic
Board Bitcoin Discussion
Re: How convincing can one persuade close relatives to join bitcoin investment
by
ChainSmoker
on 04/01/2018, 15:05:28 UTC
You shouldn't convince anyone to invest in bitcoin.Simply because it is a financial investment and they may lose money and if they do then they will blame you.What you should do is try to explain them pro's and con's of investing in bitcoin and let them decide what they want to do on their own.No matter how hard you try to convince them they won't use bitcoin unless they learn about it and experience it.Some people will never use bitcoin because they simply not able to/try to understand how it works,some people think bitcoin is too advanced for them,some people think it is illegal and government will be after them if they use bitcoin Tongue You can't convince these types of people.
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Topic
Board Speculation
Re: Does Bitcoin stable ?
by
ChainSmoker
on 02/01/2018, 12:22:23 UTC
Recently  Bitcoin got very high fluctuations. It went up 19,000USD(nearly) and dip to 12,500USD. In this situation does BTC stable ?

What are reason for that kind fluctuations ?
How long it will take reach 19,000 USD with this kind of market fluctuations ?
You already answered your own question.If Bitcoin fallen from 19000$ to 12500$ in few days then no,price of Bitcoin is not stable and the reason for that is because less adoption than fiat,price manipulation by whales,FUD etc.Now how long bitcoin will take to reach ATH again can't be said but it will happen surely sooner or later Smiley
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Topic
Board Announcements (Altcoins)
Re: ⚡ [ANN] ⚡ DeepOnion TOR ⚡ DeepVault ⚡ Cryptopia 🚀 Airdrop 24/40 🚀 WE DOMINATE!
by
ChainSmoker
on 29/12/2017, 11:32:35 UTC
Thanks for the 24th Airdrop.I like the amount received in this one.Happy New Year and Airdrop day everyone.Keep Hodling onions people.A single onion will be worth 1000$ one day Cheesy
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Topic
Board Altcoin Discussion
Re: Claiming Bitcoin Diamond or Super bitcoin forks...?
by
ChainSmoker
on 28/12/2017, 13:45:16 UTC
Currently "Bitcoin Diamond" blockchain is not live yet so there is no way to claim altcoin- "Bitcoin Diamond".As for "Super Bitcoin",I do not know for sure if it can be claimed right now as very few wallets supports it.Unless wallets like coinomi supports these forks you won't be able to claim these alts easily.I would advice to have patience and don't risk your bitcoins by trying to claim these forks now.Wait for them to get some support from popular wallets. Smiley
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Board Bitcoin Discussion
Re: Where do I buy Bitcoins?
by
ChainSmoker
on 27/12/2017, 16:37:56 UTC
If coinbase giving you bitcoin for low fee and competitive price then go for it.I suggest if you can,then buy bitcoins using localbitcoins as you can probably find a good bitcoin price there and also you can negotiate with sellers which you can't do on coinbase and similar websites.Good time to buy bitcoin is always 'now'.I would suggest everyone,don't keep ignoring 'buying bitcoin' thinking that price is too high because later you will regret that you missed the chance to buy bitcoin in past at low price.So buy now and hodl long term and eventually you will profit  Cheesy
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Board Speculation
Re: Look like Christmastimes discount is over ?
by
ChainSmoker
on 26/12/2017, 16:33:09 UTC
what do you think is it a real recovery for bitcoin?
Yes.Bitcoin price is recovering and the dump was only because of Christmas as many people wanted to sell Bitcoin for purchases and that's what happened.It was a Christmas discount on Bitcoin price and now price is recovering back.Already price is up to almost 16K Cheesy
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Board Bitcoin Discussion
Re: When Bitcoin reaches one million dollars...
by
ChainSmoker
on 26/12/2017, 12:00:59 UTC
I will be extra happy  Cheesy

What do you intend to do with your Bitcoin when it reached $1,000,000 mark?
Probably will keep Hodling like i am doing now  Tongue Initially i thought i will sell my bitcoin when it hit 2K$ but i didn't in the FOMO and the same thing happened at 5K$ so i am sure if bitcoin hits $1,000,000 in my lifetime i will be hodling my bitcoin at that time too.I am not saying by hodling i mean i never sell bitcoin.I mean i only sell bitcoin when i have to buy something.I don't care about the price but yeah it does not hurt to buy something using bitcoin when the price of bitcoin is high  Roll Eyes
Post
Topic
Board Announcements (Altcoins)
Re: ⚡ [ANN] ⚡ DeepOnion TOR ⚡ DeepVault ⚡ Cryptopia 🚀 Airdrop 24/40 🚀 WE DOMINATE!
by
ChainSmoker
on 22/12/2017, 14:52:00 UTC
Congrats everyone for the 23rd Airdrop.Unfotunately I missed this one.I did not get enough time for posts this week due to busy schedule.Hopefully,I will be able to make required posts for next week airdrop Smiley