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Showing 20 of 599 results by Cloak1
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Topic
Board Economics
Re: Why do you think the market is down right now?
by
Cloak1
on 02/10/2018, 23:45:16 UTC
It may be because  AliBaba’s chairman Jack Ma’s statement where he advises traders against Bitcoin saying that “the digital coin is a bubble will burst.” Thus, it gives a bad influence for the market.
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Topic
Board Economics
Re: Is Bitcoin Worth To Be Currency?
by
Cloak1
on 02/10/2018, 23:38:10 UTC
I think at best, Bitcoin is currently a store of value and at worst a speculative asset. It is barely used as medium of exchange, as it is as of yet not widely accepted as a means of payment. Most transactions are of a speculative nature. Moreover, Bitcoin’s value is currently way too volatile to function as money, as it is not a reliable store of value.
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Board Altcoin Discussion
Re: How many bounties are you currently participating
by
Cloak1
on 02/10/2018, 23:31:19 UTC
I only participate in one bounty,  that is signature campaign. The bounty payment now isn't as much as the previous ones. Most bounties give a little reward for the participants, and that makes me feeling not enthusiastic to join more.
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Topic
Board Bitcoin Discussion
Re: Bitcoin is the King ! Why ?
by
Cloak1
on 02/10/2018, 23:26:36 UTC
Bitcoin is extremely popular, and therefore, it is the first cryptocurrency that people have bought and WILL buy. It is the original cryptocurrencies, the grandfather! The best thing is we can trade FIAT money directly for BTC, and that is not the case for most cryptocurrencies, except for ETH, Ripple, BCH and some others. If we want to buy other coins, then first we have to buy BTC, and it is not changing any time soon.
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Topic
Board Bitcoin Discussion
Re: UNICEF is now accepting donations in Bitcoin and 8 altcoins
by
Cloak1
on 01/10/2018, 23:26:46 UTC
That's a good news. It's getting easier that we can give donations in bitcoin or altcoins, so we can't go across the border,  just a few minutes of transactions.
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Topic
Board Bitcoin Discussion
Re: Bitcoin future in India
by
Cloak1
on 01/10/2018, 23:23:39 UTC
I guess the regulation is not clear is another risk. Bitcoin purchases and sales in India are undertaken under the premise that they are allowed because they aren’t explicitly disallowed.
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Topic
Board Economics
Re: bitcoin and altcoin
by
Cloak1
on 30/09/2018, 23:15:26 UTC
Bitcoin and Altcoin's price changes are all related. Bitcoin is the oldest cryptocurrency. When its price starts to change, other currency will change as it changes.
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Topic
Board Economics
Re: Blockchain future
by
Cloak1
on 30/09/2018, 23:12:02 UTC
I guess blockchain has a huge potential to grow bigger in the future. Blockchain, is an immutable and transparent database of records. This immutability and transparency ensures that there is no need for any third person to look after the database.
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Board Altcoin Discussion
Re: Ethereum is the King of ICO, Do you agree?
by
Cloak1
on 26/09/2018, 23:47:53 UTC
Yes, I do agree. Most ICOs use ethereum platform in their project. It obviously shows that ethereum has more strengths than others. Many ICOs use ethereum since it makes much less time-consuming with significantly lower development costs using a ERC20 token standar.
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Board Altcoin Discussion
Re: People say altcoins won't survive
by
Cloak1
on 26/09/2018, 23:36:32 UTC
Most altcoins may won't survive, only a few that could survive. If bitcoin is constantly falling, it could endanger the existence of many altcoins since I believe that bitcoin price affects the altcoins'.
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Topic
Board Speculation (Altcoins)
Re: ICO prediction 2019
by
Cloak1
on 26/09/2018, 23:29:00 UTC
I think ICO will become increasingly difficult. It will be more strict to compete. Hopefully, with the emerging of more good ICOs, it could influence bitcoin and other coins' price to go higher.
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Board Bitcoin Discussion
Re: Who controls the crypto market?
by
Cloak1
on 26/09/2018, 23:09:59 UTC
I assume the market's controlled  and manipulated  indirectly by crypto millionaires and billionaires. They arevconstantly pumping and dumping. That is the name of the game. Some of these people are also involved in the mining process which is a huge business in itself.
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Topic
Board Altcoin Discussion
Re: Altcoins BETTER than BITCOIN?
by
Cloak1
on 26/09/2018, 22:58:54 UTC
I guess it's not possible. Bitcoin is the very first cryptocurrency in the world and the very first blockchain system. Since 2009, the dev team promoted the coin and became the only known digital currency for quite some time. Thus, BTC built a powerful network of traders, miners, developers, and promoters while working on its infrastructure. Many businesses accept the coin as a mean of payment, further enhancing its popularity.
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Topic
Board Altcoin Discussion
Re: Ripple vs Ethereum
by
Cloak1
on 26/09/2018, 22:55:28 UTC
I would prefer to own more Ethereum than Ripple, simply because of the fact that Ethereum is making an effort to appeal to a broader audience and demographic instead of just the enterprise space, and a segment of it. Sure we could argue that Ripple will be doing massive amounts of transactions (in terms of size) but Ether will almost certainly do more in volume.
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Topic
Board Altcoin Discussion
Re: What are you doing with your bounty tokens?
by
Cloak1
on 26/09/2018, 22:45:10 UTC
Im holding mine. It's not a good idea to sell the tokens now when the market isn't stable. Maybe I'm holding mine until next year or next two years since I believe that my tokens could get a high price.
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Board Altcoin Discussion
Re: ETHEREUM OR RIPPLE?
by
Cloak1
on 25/09/2018, 23:45:46 UTC
Ethereum is a better cryptocurrency I guess to invest in right now. Ethereum has good technological features, so it will never come to an end. Millions of people today trust and invest in Ethereum. No matter what investment strategy you choose, you’ll definitely make some profits at the end.
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Board Altcoin Discussion
Re: Why do Bounty Hunters Sell Immediately they receive reward?
by
Cloak1
on 25/09/2018, 23:42:09 UTC
I guess they immediately sell their rewards because they are afraid that the price is going to get down, or the worst thing is the tokens could lose its value. It will take long time for the price to get high after they're got dumped.
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Topic
Board Altcoin Discussion
Re: The era of bounty hunter comes to an edd?
by
Cloak1
on 24/09/2018, 23:38:30 UTC
If bounty hunters are going to the end, bitcoin may lose its popularity. Bitcoin won’t be interesting anymore. However I think bounty campaigns will still be existed although the payment is getting less.
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Topic
Board Altcoin Discussion
Re: Coins kept in exchange, are they safe?
by
Cloak1
on 24/09/2018, 23:24:03 UTC
Exchanges are being regulated, our money doesn't belong to us. We can lose them easily. Besides hxchanges have a long history of being hacked and losing customer funds. You may want to use hardware wallet, which is much more secure and convenient at the same time.
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Topic
Board Altcoin Discussion
Re: Do you still believe in the cryptocurrency market?
by
Cloak1
on 19/09/2018, 23:48:45 UTC
Yes,  I still believe it. Cryptocurrency is a part of today's modern technology. I believe that along with the development of technology,  the cryptocurrency will follow its growth.