Search content
Sort by

Showing 20 of 25 results by CryptoVerseStudent
Post
Topic
Board Bitcoin Discussion
Re: Why is China giving importance to Blockchain?
by
CryptoVerseStudent
on 20/06/2018, 01:43:28 UTC
Because Chinese people always seek for opportunity, the reason why they are Interested in Blockchain is because of the technology and the potential of it being used in many things and once it does, it will be very profitable.
Post
Topic
Board Bitcoin Discussion
Re: Prediction bitcoin in the future
by
CryptoVerseStudent
on 21/04/2018, 19:39:06 UTC
There are two possible scenarios bitcoin will go imho as there were two main groups of people involved in it. First, government and banks. The other were those financially literate-intelligent hidden wealthy-powerful people supporting it for the purpose of having a decentralized ecosystem in the financial industry.

I'll go all the way for the second one. Bitcoin will not replace gold, but it will surpass it's value. Let's keep learning, learning is your best investment.
Post
Topic
Board Bitcoin Discussion
Re: why some country banned bitcoin?
by
CryptoVerseStudent
on 17/04/2018, 20:59:54 UTC
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?

It is because it is a threat. Threat, because most country's economy depends on banks which is centralized and bitcoin is the opposite of it due to it being decentralized in nature.. Some just put a ban to it to study how it really works, and how they can have good use of it in the future without replacing banks.
Post
Topic
Board Bounties (Altcoins)
Re: [AIRDROP] SEDA - Decentralized Recruitment on the Blockchain
by
CryptoVerseStudent
on 17/04/2018, 06:02:29 UTC
#Proof of ownership:
Telegram username: @CrisJ25
Twitter username: @CrisBit25
Twitter profile link: https://twitter.com/CrisBit25
Twitter retweet link: https://twitter.com/sedarecruitment/status/985506212828491776
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin replace gold?
by
CryptoVerseStudent
on 16/04/2018, 16:10:19 UTC
There is really a great comparison when it comes to Bitcoin vs Gold, but they are of a different thing and existence and will have different case use in the future when bitcoin is adapted somehow equally with Gold. Bitcoin is digital where is gold is a tangible precious metal. Would you like your jewelries and stuff stayed on screen of your gadgets rather having it present at your hand or body? Or bring pieces of gold worth $5 million to buy a Ferrari rather than having it transferred digitally as payment? Ayt? So stop comparing, they will exist in the next generations and will serve different purpose.
Post
Topic
Board Bitcoin Discussion
Re: Hold out or sell Bitcoin?
by
CryptoVerseStudent
on 01/04/2018, 20:46:01 UTC
This depends on the trader's strategy. If the amount of money you used to purchased bitcoin is your investment, it's good to hodl to avoid unnecessary loses. If you're active and always had the pleasure of time checking on the market, it's proper to take profit when there's an opportunity to do so and regain position at the lowest possible entry point.
Post
Topic
Board Tokens (Altcoins)
Re: 🔶🚀🔶【ANN】【ICO】📈FOX TRADING📈REVOLUTIONARY AUTOTRADE🔶MAIN SALE OPEN!!🔶
by
CryptoVerseStudent
on 25/03/2018, 20:38:46 UTC
In the option "Use Auto trading service". What is the accuracy? And ONLY just in case that there will be some kind of "system glitch/error" that happens where we've been put to a bad trade using the service, how's that going to be compensated?
Post
Topic
Board Beginners & Help
Re: Jr.Member
by
CryptoVerseStudent
on 25/03/2018, 05:14:55 UTC
Here is a table of the activity periods and time it will take you to achieve each rank:

Period  x  14Days  =  Potential Highest Activity
1   X 14 = 14
2   X 14 = 28
3   X 14 = 42---  Junior Member (1.5 month & Minimum Activity 30 & Minimum Merit 0)
4   X 14 = 56
5   X 14 = 70  ---  Member (2.5 month & Minimum Activity 60 & Minimum Merit 10)
6   X 14 = 84
7   X 14 = 98
8   X 14 = 112
9   X 14 = 126--- Full Member (4.5 month & Minimum Activity 120 & Minimum Merit 100)
10 X 14 = 140
11 X 14 = 154
12 X 14 = 168
13 X 14 = 182
14 X 14 = 196
15 X 14 = 210
16 X 14 = 224
17 X 14 = 238
18 X 14 = 252--- Senior Member (8.5 month & Minimum Activity 240 & Minimum Merit 250)
19 X 14 = 266
20 X 14 = 280
21 X 14 = 294
22 X 14 = 308
23 X 14 = 322
24 X 14 = 336
25 X 14 = 350
26 X 14 = 364
27 X 14 = 378
28 X 14 = 392
29 X 14 = 406
30 X 14 = 420
31 X 14 = 434
32 X 14 = 448
33 X 14 = 462
34 X 14 = 476
35 X 14 = 490----  Hero Member (1.3 years & Minimum Activity 480 & Minimum Merit 500)
36 X 14 = 504
37 X 14 = 518
38 X 14 = 532
39 X 14 = 536
40 X 14 = 550
41 X 14 = 564
42 X 14 = 578
43 X 14 = 592
44 X 14 = 606
45 X 14 = 620
46 X 14 = 634
47 X 14 = 648
48 X 14 = 662
49 X 14 = 676
50 X 14 = 690
51 X 14 = 704
52 X 14 = 718
53 X 14 = 732
54 X 14 = 746
55 X 14 = 760
56 X 14 = 784 --- Legendary rank (2 years & Minimum Activity between 775- 1030 & Minimum Merit 1000)
For more detailed explanation please visit this link Table of the activity periods and time it will take you to achieve each rank

According to the above table you should be Jr. Member at about 1.5 months & after achieving minimum of 30 Activity score
Thanks for this, I was about to post a question since I'm wondering why my activity count is not the same as my post count like previously. Now I see now it's because no matter how many posts you have, there's a minimum requirement of days to be active before you move up to the next rank. Thanks for the accurate info you shared!
Post
Topic
Board Bitcoin Discussion
Re: What were your experiences with Bitcoin when you first started?
by
CryptoVerseStudent
on 24/03/2018, 18:06:37 UTC
Riding on the $18k+ mark with half of my bank's savings with the guidance of a close relative which was a self-proclaimed expert. And YES, I learned my lesson the hard way which leads me to extensive research on how it works. It was then charged to experience, now I'm enjoying a little profit after learning from a devastating first ride.  Cheesy
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin going to be forever pump and dump?
by
CryptoVerseStudent
on 24/03/2018, 13:46:06 UTC
if the btc will follow its core mission which is to be a digital currency than its price in any case must be stable and if the pump and dump continues than there won`t be any confidence to use it as a currency in real world.
This is exactly what I mean as well why I asked that question. Its because many believed bitcoin will be the global currency, but then how? If the volatility is that much. I mean if I am a consumer, I'll need to wait till bitcoin's price is up before I can buy something that I want or need. Then on the end of sellers or stores, they might not accept bitcoin as payment if the value is too low from the previous. It seems that there's no possibility that bitcoin can be a REAL currency due to it's volatility. And I understand now, thank you for all the answers. Bitcoin will never be a currency but will always be a store of value.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin going to be forever pump and dump?
by
CryptoVerseStudent
on 24/03/2018, 11:17:48 UTC
well bitcoin has never been a pump and dump so it can not continue to be what it has never been!
if you don't know what the term pump and dump means then read about it and educate yourself first https://en.wikipedia.org/wiki/Pump_and_dump

I appreciate the information sir. I'm sorry for the misrepresentation of what I know of. As a newbie, I'll make sure to read what you shared. Smiley
Post
Topic
Board Bitcoin Discussion
Re: Is it possible that all bitcoin users do not lose?
by
CryptoVerseStudent
on 24/03/2018, 10:54:07 UTC
The time a bitcoin user lose is when he/she sells at the lows. You can't consider it a profit or loss if you still have the coin holdings unless you sell it. It's important that you always set stop loss and sell targets on your trades to avoid such unfortunate smash on your portfolio.
Post
Topic
Board Bitcoin Discussion
Is Bitcoin going to be forever pump and dump?
by
CryptoVerseStudent
on 24/03/2018, 08:19:17 UTC
All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin a criminal tool?
by
CryptoVerseStudent
on 23/03/2018, 19:30:27 UTC
It's possible to be used into something evil. Since it's decentralized and people can transact without showing their real identity.
Post
Topic
Board Project Development
Re: what do you do when your idea is taken ?
by
CryptoVerseStudent
on 23/03/2018, 10:42:37 UTC
For me, you should not continue it but hence, dissect your idea into smaller pieces and derive something else out of it. Since if they launched the project first, they will be the first to get the market.
Post
Topic
Board Bitcoin Discussion
Re: GOOD NEWS to Earn Money
by
CryptoVerseStudent
on 23/03/2018, 05:56:28 UTC
A really great opportunity for all but still invest the money you can afford to lose. Bitcoin is very volatile and unpredictable even with news like this there's a lot of price swings happening, bearish and bullish movements lasting for just hour/s. If you are invested and thinking that a week or two is already a long hold, might as well keep yourself away from stress. This is just an opinion not an advise.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is better than gold
by
CryptoVerseStudent
on 22/03/2018, 17:02:44 UTC
I would say bitcoin is better than gold. In security, you can say that having private wallets is more secure than gold. Liquidity, in the future if bitcoin will be accepted in convenient stores or malls, you can easily pay by transferring sats in wallet to wallet transaction but for gold can you imagine how it is? Right?
Post
Topic
Board Bitcoin Discussion
Re: Forum moderation policy
by
CryptoVerseStudent
on 22/03/2018, 09:59:47 UTC
I have followed all instructions on this post and now I re-visited it. But still, it's really weird and I wonder why my first account got banned.  Cry
I never posted anything rude, all are just either asking or giving out information that I know of. Now I have to start all over again.  Cry
Post
Topic
Board Legal
Re: Can we connect our bitcoin money with our bank accounts?
by
CryptoVerseStudent
on 22/03/2018, 06:52:40 UTC
Hey Team,

It's Amit here, I have 2 bitcoins of my own. And I bought it, a few weeks ago. When bitcoins is at Rs 5.90 lakh.
Now its rate increases again and ranged around Rs 8 lakh. But nowadays, there seems to be a problem between Banks and the Crypto-currencies owners.
So, I just want to confirm that anyhow we can connect our bank accounts with bitcoin money.

Waiting for a quick revert.

Thanks

If your question refers to directly connecting it to a bank account so that the bitcoin will be automatically transferred to cash on your account, it's not possible since most banks do not recognize bitcoin earning as legal. But there are lots of ways you can convert it to cash; peer to peer transaction or from trading it in an exchange.
Post
Topic
Board Beginners & Help
Re: Bounty campaigns
by
CryptoVerseStudent
on 21/03/2018, 22:27:53 UTC
For me if you are a newbie in crypto and doesn't know about how bounty works (well obviously, it was just instruction set by the bounty manager and you need to follow and do the task) the best option for you to get started is to join airdrops, you just need to sign up some form and you'll be able to get free coins.