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Showing 20 of 25 results by Dastramus18
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Board Bitcoin Discussion
Re: Is Bitcoin money?
by
Dastramus18
on 24/11/2017, 10:43:03 UTC
Yes bitcoin is money it is online money though and you can earn it here and you can also invest in it you can just buy one through bittrex or polienex but first know everything about it before you put any money on it and believe in it.
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Topic
Board Economics
Re: Bitcoin is Falling...Is it Panic Time?
by
Dastramus18
on 24/11/2017, 10:39:26 UTC
No it is not panic time because even if it falls bitcoin will go up again that is what i like about bitcoin once it fell from 7.2k to 5k in a couple hours and the next day it was at 7.5k it has even grown more then it was before.
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Board Economics
Re: The dream of getting rich with bitcoins
by
Dastramus18
on 16/11/2017, 10:28:11 UTC
The dream will be true because we can actually all become very rich because of bitcoin my friend last has sold all his bitcoins because he thought he was done with it and he cashed it all out and now he has 3 million with him in cash and he is going on a world tour with all the money.
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Board Bitcoin Discussion
Re: Bitcoin will die?
by
Dastramus18
on 16/11/2017, 10:24:42 UTC
No how can bitcoins die if they are not even all with us i mean not all bitcoins are mined so how can they already die also i think it will die after all are mined but Ethereum will take its place and be bigger then bitcoin itself i do not understand why the price of ethereum is so low.
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Board Economics
Re: Spending Bitcoins
by
Dastramus18
on 16/11/2017, 10:21:29 UTC
Spending bitcoins is very easy because i know what i want to buy with my bitcoins i always wanted to buy my own car and ,my own house so the first thing i am going to buy is those 2 things than what i am going to do is start a little shop by myself and earn from there.
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Topic
Board Speculation (Altcoins)
Re: Do you see alts have chances against Bitcoins?
by
Dastramus18
on 16/11/2017, 10:17:23 UTC
Quote from: JacksonMonroe on November 16, 2017, 10:03:21 AM
Quote from: Kingofthe80ss on November 16, 2017, 09:53:18 AM
Quote from: chichigirl on November 16, 2017, 01:56:04 AM
Quote from: Kingofthe80ss on November 15, 2017, 09:22:41 AM
Quote from: Denker on November 15, 2017, 09:16:07 AM
Quote from: Bacotan Bae on November 15, 2017, 08:38:47 AM
Of course, all chances are there and open, nothing perfect, the coins that now look good will be refined with another coin. but it seems like it takes a long time to replace bitcoin because bitcoin market cap is currently the largest.

None of the existing altcoins will have any significant impact on Bitcoin!
This is whisful thinking. None of those will replace Bitcoin.
The big money is moving into Bitcoin right now. With big money I mean the Wall Street and the institutional money.
Bitcoin will continue rising like crazy. Most alts will act like penny stocks imo. They are mostly used to make more Bitcoin with it.
They will rise in terms of USD. But most of them will continue to lose against BTC, with some up and down swings of course due to natural market behaviour.

I WANT TO BELIEVE! And I am still a believer in BTC - however:
Last Sundays BCH Attack far exceeded anything I could have imagined.

What if the next pump is even stronger? And the one after that?

One day => BCH Flippening?


Dont get me wrong I am in NO WAY trying to promote Bitcoin Trash here. I HATE  that centralized pseudocryptocurrency bullshit.

I am also one of the believers of bitcoin and  i am also worried about the recent happening Iike somebody is trying to manipulate the pump of certain coin,  i am trying to keep calm and think it in a positive way that btc will certainly recover, and btc is back now.


I just realized how the reign of BTC is even manifested in our language.
The fact that we have "Bitcoin" and "Altcoin" - implying they are just an alternative of the original (which is true) - the fact also (others mentioned it here before) that BTC is used on bittrex and others as store of value like EUR or USD. It all looks like a "Kneel before the King" situation.

However, one of his subjects has been especially naughty these days. and should be punished by death in my opinion.
Uhm okay but i think that alt do not have chance at all against bitcoins because they are using the same technology as bitcoin but i do know that you can even make more profit with altcoins then with bitcoin it does depend on how much you have of one.
I agree with you i have a friend who has 0 bitcoin but has like a lot of other altcoins and a lot of them and he earns a total of 3k a month from them and if he sells it all right now he can sell it for 2 million and go on holiday what he always wanted.
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Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
Dastramus18
on 16/11/2017, 10:13:55 UTC
Yes you can already see the benefit on the charts of bitcoin when the people bought it on January for 950 dollars and did not do anything with it and now it is at 7.4k so i think they indeed have big benefit and a big profit out of bitcoin for just keeping it.
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Board Bitcoin Discussion
Re: Bitcoin in the future
by
Dastramus18
on 14/11/2017, 12:03:04 UTC
Yes bitcoin in the future will still be here because it is very hard to understand when it will die experts say that it will al be mined in 2040 but i do not know what will happen after that i hope something great because i do not want bitcoin to die.
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Board Bitcoin Discussion
Re: Why are my sending fees so high?
by
Dastramus18
on 14/11/2017, 11:45:48 UTC
That is normal the feeses are very high because exchanges want to make profit too and they can only make profit by increasing the fee if you send it to anyone that is why i only send when i want to send a lot in that way you can pay fee for a lot.
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Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Dastramus18
on 14/11/2017, 11:42:39 UTC
Quote from: ferdinandos93 on November 14, 2017, 11:29:19 AM
Quote from: Zongxian on November 12, 2017, 12:05:28 PM
Quote from: firsttime99 on November 09, 2017, 10:09:11 AM
Quote from: Sled on October 15, 2017, 01:03:30 AM
Quote from: Superways on October 14, 2017, 11:14:19 PM
Quote from: GregH37 on October 12, 2017, 05:33:17 AM
Quote from: Fatanut on September 23, 2017, 08:59:48 AM
Quote from: frowsiter on September 23, 2017, 07:15:35 AM
Why does he even think like that in first place. It is the price difference and exchange capability of bitcoin and fiat currency which us making is rich. If that gets replaced with one currency then how we can get the profits or how we can differentiate ourselves with that price tag. I think it's not possible because it's just not well possible! There can not be two sun in the single solar system, it will burn the life. So there can not be two currency otherwise it will just break down the economy of country. The dollar bill is something related to traditions, old ways of trading and it will never get replaced in any time soon. Bitcoin is perfect fit in the internet world and might not just fit in the real world. So may be not this time.

While I do agree that two currencies cannot be the main currency of a country, I don't really agree that the world is all about tradition. The traditional way might be sending money with dollars. The traditional way might even be physical fiat but that's clearly not the case anymore. In this modern age, people don't really embrace traditions that much anymore. People seek something new everyday and bitcoin is something new. It's only a matter of time before bitcoin gets considered as a "cool" thing and people will follow the trend. These days, people are into bitcoin because of the ridiculous gains it had given us in the past couple of months.

Another thing, I do agree that bitcoin cannot be the main currency of a country together with their local currency because bitcoin is not taxable. The country will have no funds and so they will be forced to ban bitcoins (which is quite hard to do, impossible even) or put a huge percentage of tax for fiat currency users, which will then of course force them to use bitcoins instead.
I think yes because of the decreasing value of dollar and increasing value of bitcoin. All over the world many people use bitcoin instead of dollars any especially those people who works online even with the US Company from their homes.

The companies often pay their remote employees in bitcoins and not in dollars. The reason is easy transactions and worldwide use. All these things will remove dollar from the market.
It is not a big deal for bitcoin to replace not only dollar but so many other currencies as well. But the thing is, it will not be possible till the time the governments of different countries declare bitcoin as legal currency. This is the only hurdle in the way of bitcoin which is keeping it little less popular than that of dollar. I am very much sure that in the future, things will be in very much favor of bitcoin.
Even though the government will declare bitcoin as a legalized currency then it will not be enough for bitcoin to replace the fiat like us dollar and other currencies because just imagine if bitcoin will become the world's currency, do you think that it will be able to supply all the people based on their demand and do you think that they can use it properly if the price or value of bitcoin is not fixed so those are the questions that needed to be realized by the people who want to replace the fiat with bitcoin.
I agree with you if it becomes and replacement for dollar it won't be able to make it far because there are only 21 million and right now the us has more that 21 million people so it would never be like this impossible to compare those two together.
You are right on the fact that you cannot compare these two because one is online money and the other is real life money you cannot kill real life money and then everyone would pay with online money i do not think that will ever happen at all.
Same goes for me i do not think it is possible how can something online replace something in real life and also it is not possible because very few people know about bitcoin how would people even use it if they do not know about it.
Yes i agree with you i do not understand why people are comparing bitcoin to real life things like dollars and gold how are these the same there is so much difference in both of them one is real life and the other online on your PC.
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Board Bitcoin Discussion
Re: At what price are you going to start buying bitcoin again?
by
Dastramus18
on 13/11/2017, 17:18:12 UTC
I think that i will buy the bitcoin again if the value has been going down a bit. I think around 1k is the best but i won't think that will ever happen anymore.
So i think it is good to wait for that to happen so you can make a lot of money of course.
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Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
Dastramus18
on 13/11/2017, 17:15:49 UTC
Quote from: Granxis on November 13, 2017, 03:00:56 PM
I certainly do not recommend buying Bitcoin in large quantities, because I've experienced it, it has negatively impacted my social life, so I started to stress. Stress is very damaging to human life .
It is very risky to do that because the value keeps changing because it is a unstable coin and maybe one day it will go down in value and stay at a low value.
If that happens then you will lose all of your money. I think that you should only invest a little bit of your money.
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Topic
Board Altcoin Discussion
Re: If Bitcoin dies does altcoin die?
by
Dastramus18
on 09/11/2017, 09:49:53 UTC
The ones who use bitcoin blockchain technology will die yes and the one that use other like ethereum or waves will not die but still bitcoin cannot die that easily if you can think that oit is not something from a normal stockmarket.
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Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
Dastramus18
on 07/11/2017, 10:41:09 UTC
Yes it does matter why would be people want it so badly if it was 1 dollar? the price of everything matters famous paintings are millions of dollars and bitcoin is just 7.5k and it is much better than all those paintings.
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Topic
Board Bitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
Dastramus18
on 06/11/2017, 10:05:57 UTC
Quote from: Pettuh4 on November 05, 2017, 11:15:40 PM
Quote from: Japinat on November 05, 2017, 11:09:03 PM
Quote from: Jedzkie050617 on November 05, 2017, 09:12:03 PM
Quote from: BIackSheep on November 05, 2017, 08:48:16 PM
It won't occur if the cost of bitcoin nevertheless at the high price. Since bitcoin that have really large price for every coin. To exchange bitcoin, that crytocurrency need to be more good and also have a new 'thing'
As of this days, bitcoin is very demand and popular in the world of crypto currency. Its value, is getting high and it will never be replaced easily, maybe there will other crypto currency someday that may compete bitcoin but it will never replaced easily the performance of bitcoin.
Bitcoin is very strong and it's hard to replace bitcoin basing on what is happening now, when it pump altcoins will bleed and we know only one of the altcoins that we are seeing now can replace bitcoin, probably Ethereum but it continue to go dump as bitcoin is moving the opposite direction.

 Well it's possible that bitcoin can be replaced by another currency but these current alts don't give us much of a choice, maybe there are others in line with better technologies behind tyhat that might completely outdo bitcoin but until then i don't think any of the current altcoins can overtake bitcoin.
I do not agree with you i think ethereum can surpass bitcoin easily because it is not an old one like bitcoin and it has its own blockchain technology and if you compare those both you will know that ethereum is more futuristic than bitcoin.
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Topic
Board Speculation (Altcoins)
Re: Bitcoin going on fire!
by
Dastramus18
on 03/11/2017, 10:02:27 UTC
Quote from: GN Compass on November 03, 2017, 09:37:52 AM
I agree though. What goes up must come down eventually.

I know but it will recover quickly i think because of the support it gets. Bitcoin is also a trusted coin so it will not fall easily to 5k. I think it will fall to 6k in the near future and it will be back to 7k.

I hope that the fire continues to 8 or even 10k. I will make good profit then.
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Topic
Board Bitcoin Discussion
Re: Is there any way to destroy the bitcoin?
by
Dastramus18
on 31/10/2017, 10:42:23 UTC
If every country bans bitcoin and they control the internet it would be no matter time for bitcoin to fall down to zero. It is really easy if they work together.

So in short it is possible to destroy bitcoin and his value.
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Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Dastramus18
on 26/10/2017, 09:48:16 UTC
Quote from: Gabrieelle on October 26, 2017, 09:00:49 AM
Quote from: PinkLlama on May 03, 2016, 09:37:56 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I don't think so, when bitcoin have a stable price theres nothing to look forward to, just like what we used to do. Checking the price of bitcoin, etc. For investors or traders they will not be benefited by this kind situation because there will be no profit. Bitcoin is popular despite its disadvantages.

Well i think it would be popular for scammers and hackers. They want to hide their money so bitcoin is a option for them. They can just send their stolen money to bitcoin.

It will be safe their because the government can´t take them away and its locked only the owner can access it. If they don´t get hacked though.
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Topic
Board Altcoin Discussion
Re: Bitcoin or Dogecoin?
by
Dastramus18
on 24/10/2017, 14:35:49 UTC
Dogecoin has no chance to bitcoin. Bitcoin is stronger and is worth a lot. Dogecoin was made originally as a joke coin. Some people have invested now its is worth something nowdays.

So after all i would go for bitcoin 10/10 i don't want to invest in some noob coins.
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Topic
Board Economics
Re: New rich people thanks to BTC
by
Dastramus18
on 23/10/2017, 08:58:53 UTC
Bitcoin has already made some people rich. I hope that i can someday also be rich from it. I have already invested in bitcoin. I will hold my coins until 2020. I will sell them.

I will then invest once more again because i have now more money, but only if it is falling very hard.