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Showing 20 of 76 results by DavidNiva
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Topic
Board Economics
Re: the future of crypto is good or bad
by
DavidNiva
on 14/12/2018, 01:11:49 UTC
The market is based on speculation and its value is determined by the masses and ivestor, and as long as it is given a certain value whether it is in services or technology then it will have a future even if the market is down. If you want to invest in cryptocurrency you should be ready to also lose that investment as it is not an easy way to get money specially if you do not know what you are doing the same goes if you are trading in forex.
the bitcoin market is not based solely on speculators, but sometimes price movements can also be influenced by good news, for example large countries facilitate the use of bitcoin in their countries, this can boost the price of bitcoin, so the future of bitcoin is influenced by the needs of buyers countries that are now starting to use bitcoin as their means of payment, of course things like this will greatly support the increase in bitcoin in the future.
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Topic
Board Legal
Re: 0% tax when cashing out crypto
by
DavidNiva
on 14/12/2018, 01:05:47 UTC
It will not be possible for every government in different countries who are adapting bitcoin are already eyeing on how to tax crypto. Other countries that regulated cryptocurrency has used the local exchanges where transaction fee is higher than other exchanges. It is because tax is already on it as an addition to the transaction fee being deducted every trade you made.
if a business wants to be recognized by the government, one of them is the government is involved in it, one of which is by collecting data and applying taxes to business people, we do not have to worry about taxes imposed by the government, this is proof that the government recognizes or legalizes bitcoin and the government admits that bitcoin is not against the law.
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Topic
Board Trading Discussion
Re: which is easier 1-2% a day or 20-30% per month
by
DavidNiva
on 13/12/2018, 01:54:02 UTC
As I see it, those are two completing different strategies. Day trading targets daily profits, and it could be in the region of 1 or 2% growth on your capital.
On the other hand, you are going long and expecting profit over a longer time frame.

That said, there is no better or worse strategy, only what suits your skill set.
Trade according to your tools.
do not jump too quickly into trading if we are still uncertain, it is better to do a simulation in a different way, because by doing a simulation first, we will feel more stable in trading, try not to wander with all your money, because the large potential losses will always a real threat, we can do simulations of bitcoin trading without using real capital, so there is no potential loss.
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Topic
Board Economics
Re: Confirmed, bull run begins now, what expectations?
by
DavidNiva
on 13/12/2018, 01:45:58 UTC
It is not confirmed that this run is a big bull run. It is already slowed. This may be a small bull run. The trend will be confirmed after the price passed 8200 dollars.
there is a positive trend that should be supported by large traders, to start a new trade, if we always expect prices to touch the numbers that we expect, it will be difficult for us to explore profits, bitcoin does start trading in a unique way, so price movements must also we take care carefully, don't let the uncontrolled decline occur.
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Topic
Board Legal
Re: Is it legal to sell bitcoin for cash ?
by
DavidNiva
on 13/12/2018, 01:38:50 UTC
I can't imagine what is happening in a country that is regulating those kinds of transactions. But in my country we don't have any hesitation or doubts on doing it publicly. It must be that we are an opened country from modern technologies and new ideas of investments mechanisms. It is been a practiced of my colleague to do that because it can bypass fees on exchange wallet locally. By the way, were don't have a law for or against cryptocurrency.
every country has a different law about bitcoin, but there is no single law that states that bitcoin exchanges violate the law, so wherever bitcoin exchanges do not violate the law, it is safe to be safe, as long as everything is not excessive and transactions are not suspicious, security won't do anything.
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Topic
Board Economics
Re: Do we need a global virtual marketplace for cryptocurrencies?
by
DavidNiva
on 12/12/2018, 02:00:31 UTC
It's only possible at the highest level of decentralization which is very difficult to achieve because there almost always has to be someone behind every platform. There are as of yet no exchanges that come close to true decentralization and I doubt there ever will be.
maybe in the future there will be a very sophisticated virtual market, it is possible, if you see very fast technological advancements, there will be digital commerce that includes all types of products, and all types of crypto currencies, and all will be global, because of market changes every time it changes, and we all must always be optimistic about the progress of bitcoin in the future.
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Topic
Board Legal
Re: Not Yet Legal But Not Banned
by
DavidNiva
on 12/12/2018, 01:51:36 UTC
If something is not illegal, as in added to the code of law, it is legal. For bitcoin to become illegal there would have to be established laws against it. If there are no such laws, it's completely legal, and since law doesn't work backwards, if it's ever outlawed, nobody will be able to prosecute you for using it in the past.
Also, it's worth mentioning that some countries already have laws that make bitcoin legal and protected by law, which means if somebody steals your coins you can go to the police, like you would have if they stole physical items.
there is no law anywhere that says bitcoin violates the law, because basically bitcoin is only money that has no form, how it can violate the law, what happens is that bitcoin abusers buy something that is in violation of the law, so it all depends on its use, not bitcoin the problem, but the user has a problem.
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Topic
Board Trading Discussion
Re: Trading as an entertainment thing
by
DavidNiva
on 11/12/2018, 01:53:59 UTC
I have been a bitcoin trader for 3 years, so far I have enjoyed it, even though the market price is dropping, every 1 hour I observe trading while doing various jobs, playing games and working on several bounties.
this method is very good, because trade work does not cause us stress,  we really need results, but the target is not too high,  because everything too can be dangerous,  because we are often carried away by emotions, making us less careful in trading, selling and buying bitcoin is not always always lucky,  there are times when we lose,  let's just say we are playing.
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Topic
Board Economics
Re: Fiat, Banks and the future of Cryptocurrencies
by
DavidNiva
on 11/12/2018, 01:34:45 UTC
I have not experienced such problems with the Bank. But I have friends from other countries who have been facing exchange problems lately. Those exchanges that work with Fiat constantly limit the list of countries to which Fiat can be sent after the exchange. They are motivated by the requirement of KYC.
maybe that kind of thing was only agreed upon for a country that was categorized as blacklisted, indeed such a state was forbidden to do any kind of trade, also transfers between countries, but that did not apply to all countries, only for certain countries, for us to transfer to any country has never had a problem.
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Topic
Board Bitcoin Discussion
Re: Where to Become a Speaker
by
DavidNiva
on 10/12/2018, 01:39:46 UTC
Besides conferences. What are other places or methods or portals one can use or apply to. To Become a speaker regarding Bitcoin and cryptocurrency?
Bitcoin socialization in the community really is very much, all depends on which country we are in, if in developed countries it is very easy for us to socialize bitcoin, because the government has facilitated bitcoin, especially for the means of buying and selling. will encounter significant obstacles, but the opposite if we live in a country that does not support bitcoin, it will definitely be very difficult but we can still use social media and other media to socialize bitcoin, so there is always a way to introduce bitcoin to the public.
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Topic
Board Economics
Re: What should I choose
by
DavidNiva
on 10/12/2018, 01:31:05 UTC
Open a business you are knowledgeable and familiar with. Under the current climate investing in concurrency and hoping their value increases is very risky. At the very least, with a business you get to control a lot of variables and you can take decisions that are beneficial to your self. buying and holding concurrency as a main source of income is lazy and will lead to ruin unless you are extremely lucky.
It could be that the business of buying and selling bitcoin for the time being has not been maximized,  considering the unfavorable prices also seeing developments that have not changed,  starting to do some new businesses that we really control the market,  and will greatly support daily income,  which may not be too big, but new businesses can be an alternative to our temporary income.
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Topic
Board Legal
Re: Is it legal to sell bitcoin for cash ?
by
DavidNiva
on 10/12/2018, 01:22:39 UTC
Probably legal, I do not see anything strange that could make such a thing illegal. Most of the answers here are also legal, meaning many think that selling bitcoins with cash is legal. I do not know for sure, but it seems legal.
very clear the reason, bitcoin is a currency, does the currency violate the law? the answer is that the currency does not violate the law, what violates the law is its use, not the currency, so it is clear that bitcoin is legal, even though there are some countries rejecting bitcoin, but they still cannot criminalize bitcoin users, because the state does not have laws digital currency.
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Topic
Board Legal
Re: Bitcoin country
by
DavidNiva
on 05/12/2018, 00:50:42 UTC
Controversy comes up when the concern is in its peak growth. Few dig into it and adapt to it and few do not. Bitcoin has turned the currency market towards crypto.
trading patterns are undergoing very large changes, one of which is in the payment pattern, first payments are made directly and in the same currency, but now payments are made by the transfer system and in different currencies, so it's likely that the existence of bitcoin payments will change more practical, namely with a transfer system but in a single currency, crypto, this kind of thing will soon happen, so bitcoin is becoming the single digital currency in the world.
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Topic
Board Bitcoin Discussion
Re: Open your eyes!
by
DavidNiva
on 04/12/2018, 01:41:45 UTC
Do not be afraid that the big players like financial institutions and major organizations will take over, it is better to have them because their possession of btc ensures the price does not crash too much, because if it does even they would lose
there is no business entity in this world that can master bitcoin, such as paper currencies such as dollars, because bitcoin has a decentralized system so each server will always be connected to other servers, and each will always protect their data, so bitcoin is independent without any any country that can control.
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Topic
Board Economics
Re: why bitcoin price fall down?
by
DavidNiva
on 04/12/2018, 01:28:45 UTC
For me we  cannot really predict bitcoin as we all know that  bitcoin is very  volatile    Cheesy  if the  the  price will  go down  like  1000 Dollar  well it's possible  as long ass price is still in correction or not   stable yet Wink
price fall is very dependent on market participants, if demand falls and supply increases automatically there will be excessive stock, this will certainly have an impact on prices and a decline in prices, but if demand is more than the supply of goods there will be a scarcity of goods , this is very little demand and the supply of goods is too much so prices continue to fall, but we can predict that at the beginning of the year there will be many requests for bitcoin, especially from developed countries, which can cause price increases.
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Topic
Board Legal
Re: Buy bitcoin for someone else?
by
DavidNiva
on 04/12/2018, 01:19:28 UTC
If you really care about your friend better to tell him everything, and teach them how to play in the market. I’m not saying that you idea is illegal, its legal as long as you are committed but again teaching him about cryptocurrency is the best thing that you can do, let him enjoy the cryptomarket.
giving an understanding of crypto is more useful than we buy for others,  because an understanding and knowledge is more useful in the future,  with a good understanding can make someone able to buy and sell independently.
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Topic
Board Trading Discussion
Re: I'm loosing. What to do?
by
DavidNiva
on 03/12/2018, 02:25:58 UTC
What to do now when things get worse every day, only hold will help us? Who is trying to survive in such a market? Your advice, friends!
surely you make a purchase when the price is high, don't panic friends ,, there is always a way out in every problem in the trade,  the traders must always be ready to face all risks, profit and loss is only a cycle,  so stay patient and wait calmly always hope hopefully the price will rise again.
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Topic
Board Bitcoin Discussion
Re: Future of Bitcoin in India
by
DavidNiva
on 03/12/2018, 02:19:08 UTC
No people in this world can stop bitcoin, it is here to stay and the digital currency is the future. The sooner the governments all over the world realize it the better for them. Cryptocurrency can be very beneficial for the economy for a country, so the governments don't want to miss this opportunity.
the Indian government must have started analyzing bitcoin, they think about the profit and loss if the state legalizes bitcoin, but we can predict that not too long the Indian government will facilitate the krypto traders, see a very fast world trade and crypto progress that cannot be prevented, then the Indian government must follow the flow of reform in the payment system, and must begin to open up to crypto.
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Board Economics
Re: Friends reactions to crypto currencies?
by
DavidNiva
on 03/12/2018, 02:09:31 UTC
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?
the expression of the people here is very diverse, but in general they are still not very understanding, because for us bitcoin is one of the new items that requires time to be able to understand, from our government there is also no socialization or clear picture of bitcoin, so explaining requires a method tangible results, or bitcoin can give tangible results.
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Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin can ruin a Country?
by
DavidNiva
on 03/12/2018, 01:57:51 UTC
i think bitcoin is not gonna ruin a country but bitcoin will help the economy of a country with giving more benefits to citizen when they use bitcoin in daily life but this is not yet realize by government or they know before. its like using fiat in a country but we have more benefits that we can use it in many places in other country.
if a country uses total bitcoin as their currency, there will be two results that will occur one about the excess or a plus for that country, namely the community will benefit, especially business people in that country they are very easy to buy and sell, tourists will also very easy, because travelers no longer need to exchange their money into the country, but there are losses that will occur, bitcoin does not have a feature of credit and collateral to finance one of the goods, there is no credit, the business people will be very difficulty in financing their businesses which are usually borne through credit.