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Showing 20 of 294 results by Drixy
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Topic
Board Bitcoin Discussion
Re: Why is Bitcoin important
by
Drixy
on 20/01/2018, 00:24:47 UTC
In my opinion it's important because it allows money to become like air or the Ocean. Something that just naturally exists in our lives (without being owned by anyone) and allows us to value things in our world and store wealth.

I think in the future the value will not be determined by any government but by the world economy as a whole.


It is indeed Bitcoin takes a good role in my life i can afford to have this and that, that i can't gain anything like this before. The last part is fair enough though it can't be determined by any government cause it is decentralized no government could capture that. It is true that you could store your wealth in their but there would be some issues pulling it back.
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Board Reputation
Red trust by The Pharmacist
by
Drixy
on 19/01/2018, 11:16:55 UTC
This is not fair The Pharmacist has ignored me since he marked me with a red trust that was long before when i was still a newbie. You can judge me if you want too, but this is not fair. I know you think im still a shitposter but what can i say english is not my first language and i think im improving a bit. Sir Yahoo keep accepting me in his Campaigns. I know for sure sir yahoo's standards are good i didnt mean to brag but to be honest i respect Sir yahoo as a great campaign manager. Im supporting him for more than 3 and half months and in that time im always on his campaign. I hope someone will judge this and i dont know if this is the right Section to complain so please guide me right.
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Board Archival
Cleared please delete.
by
Drixy
on 19/01/2018, 10:58:52 UTC
.
Post
Topic
Board Economics
Re: Is deflation good for a coin?
by
Drixy
on 19/01/2018, 07:44:31 UTC
Bitcoin is based on an increased demand an a deflationary supply, however that eventually leads to a coin that people don´t use to trade or to transact. What do you think that the emission rate of a crypto should be to be used as a coin? Any automatic mechanism to adapt exists?
The market cap is humongous it takes more than a whole country to entirely deflate the supply of Bitcoin. As it grows rapidly due to buyers the price gets higher and the supply slowly decrease its numbers due to its expensiveness. Deflation is part of the cycle.
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Topic
Board Speculation
Re: Hold or Sell
by
Drixy
on 19/01/2018, 06:45:08 UTC
today the price of BTC is down by -36%.
For those of you Bitcoin owners what are your plans in these circumstances?
  • Hold your Bitcoin?
  • Selling Your Bitcoin?
and would you like to give me a reason. thanks. Smiley
Man you got to do some working on your brains man. Do you have any decisions at all? Why asking hold or sell? Do what you gotta do decide for yourself. You do know asking is good but for some obvious reasons why would you ask for hold or sell.
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Board Speculation
Re: Will BTC fall again within a few days?
by
Drixy
on 19/01/2018, 05:17:00 UTC
BTC is now recovering, it is already at 11k $.
Do you guys think it will fall back to 9k or less within a few days?

I was going to buy some but i missed the 9k point, and now it just keeps rising.
11k seems still cheap tho, wondering if I should buy or not.
We are here to witness Bitcoins progress also the alts. That is so frustrating dont bother investing man if you're that picky some users even invest on Bitcoin while it is expensive and even for an average person and here you are complaining about a $1000 disadvantage. Oh god please no, for now it is acceptable to invest on $11000 on Bitcoin why? Cause Bitcoin is uncertain it can do impossible streaks. So invest on it while you still have the chance.
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Board Speculation
Re: Anyone else think "long term" hodlers are idiots?
by
Drixy
on 19/01/2018, 04:20:56 UTC
Funny how every time the market is in a recession and losers keep holding on to their losses they magically become "long term" holders.

God damn it, "long term" is such a stupid meme. Admit it, you wanted to get rich quick and once you realised you are too dumb to swing trade you suddenly became a "long term" loser.

Such idiocity.

You think Dan Balzerian held anything "long term"?

Long term is for losers.
Stuck on Holdings not bad as long as you dont need the money to spend or some expenses to be made quickly literally need it. Holding your loss doesnt mean you will hold them until it profits it depends on the user if he will change his thinking and switch to another coin to hold.
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Board Speculation
Re: Hold or sell it all ?
by
Drixy
on 19/01/2018, 02:35:39 UTC
What would you do and why ?  Wink
I'm positive that the crypto will do a come-back within a short time.
more people invest now when it's low.
Same as always HODL it as much as i can and it is a good time to add more into your Holding and get as much as we can after the huge crisis. It is understandable this is only the beginning of the year 2018 theres still some more.
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Board Speculation
Re: Screw that, I'm hodling
by
Drixy
on 19/01/2018, 01:35:55 UTC
I currently am in the same state of mind as last January. BTC went up and then straight down. I have learn my lesson, next November / December I'll probably sell a few to take profit.
Plus, I am trying to be realistic here :
-There was an unprecedented bullrun to 20k. Odds are veeeery very thin that, in the life of btc, we don't see another similar bullrun again.
-Goldman Sachs exchange !
-Lightning network (dunno really if this will help btc to recover, but hey, still looks bullish to me)
-Maybe some future nice fork annoucements ?
-No more weak hands since the 'crash'

I am hodling at least until mid summer of this year. And if the price stays down, then that would mean to me that I definitely missed the big opportunity at the 20K USD ATH.

HODL
Thats the spirit never lose hope for becoming rich or successful. Thats all we need the attitude of a positive person to become wealthier than before.
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Board Speculation
Re: The fun's over.
by
Drixy
on 18/01/2018, 22:56:48 UTC
Honestly as a somewhat of a newbie, I would've been worried too if I hadn't already experienced my first BTC correction in late December. This was no big deal. People getting worried over nothing.
They are worried cause anytime or any emergencies can appear before you and you are forced to sell your BTC and thats the problem every user has to sacrifice they will sacrifice the low adjustments and dont profit later. You maybe not experiencing it now but maybe later.
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Board Speculation
Re: Bitcoin to fall below $8000
by
Drixy
on 17/01/2018, 06:37:50 UTC
I predict bitcoin will go down to 8000 and below due to exchange sites shutting down and massive crack downs in various countries.
I hope your prediction is bad haha. Were facing a huge crisis Bitcoin is at $11000 now for about a day it change so much. Better get your seats buckled up and dont get destroyed just keep believing.
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Board Speculation
Re: bitcoin price is going up?
by
Drixy
on 16/01/2018, 05:07:07 UTC
  Kindly share your thoughts guys.  Is this the right time to buy And hold or not?  Causes  i have doubts maybe this is another bull trap Again . I need Some suggestions about this rising moment Of bitcoin Guys.   
Lets just say that we cant identify wether it is going up or down the real reason thats been bothering me  why do you care about the bullish trap of BTC it cant control itself we users are to be blame not the BTC.
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Board Speculation
Re: NOW IS THE TIME TO BUY!!
by
Drixy
on 16/01/2018, 01:59:01 UTC
everyone is panicking because it’s hitting Wall Street tomorrow ..... fact of the matter is, price will still reach 25k range by January since Bitcoin will remain a growing commodity.. and once big investors start pumping huge money into it, the takeoff is inevitable. Buy now or you’ll soon regret it.. all these talks of a crash by people who missed the boat is striking lots of fear in people, but it’s fear that’s not rooted in reality.

Don’t say i didn’t warn you folks.
Everytime is unsure time to buy you dont know what will happen to your funds after investing. Our minds are different but as we experience using Bitcoin you will know the difference about just investing and just earning. Even Bitcoin has low price time will tell and all you can do is wait. I dont recommend Bitcoin to those who are impatient.
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Board Speculation
Re: 2018 is death of bitcoin?
by
Drixy
on 15/01/2018, 13:15:35 UTC
2018 is death of bitcoin?

do u agree?

what do you think
how could bitcoin in this year experience death. until anytime bitcoin will never die.
Is it because bitcoin prices are down this late you think bitcoin will die this year.is year.
Well yeah he just asked the question and you too? Haha please bit improve your english and your good to go in joining a campaign no need to worry about Bitcoin Dying the only thing that will die is the Price of Bitcoin, not the Bitcoin itself it can still be used even on a zero value we can just revive it somehow.
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Board Speculation
Re: Bitcoin price prediction 2018
by
Drixy
on 15/01/2018, 10:09:20 UTC
Easy question: What price do you expect for Bitcoin in 2018 ?
Please just write the number so we will get a nice and clean overview!

what i say:


14,500 $

 Smiley

My truthful guess is $45000 for just this year still dont get your hopes to high or too low. We still cant identify the true precise value of Bitcoin all we can do is watch carefully and have fate on Bitcoin. Also if Bitcoin doesnt go as you planned there are some alternative work that can earn alt or Bitcoin.
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Board Economics
Re: Is bitcoin a good way to invest your money ?
by
Drixy
on 15/01/2018, 02:39:12 UTC
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Duh! It is although if you want a good price you have to gamble everything and trust Bitcoin. We know you will doubt it for sure thats only natural but many have been millionaires because of Bitcoin. If youre not capable of doing so join some signature campaigns or Bounties be patient and invest all your money afterwards luck mate.
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Topic
Board Economics
Re: Government & Bitcoin
by
Drixy
on 15/01/2018, 01:37:14 UTC
The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.

How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
Not likely to cooperate local governments will try to adapt whats on trend but it doesnt mean they cant regulate it or ban. If this would be investigated thoroughly Bitcoin can be banned through any countries considering the anonymous paying and can lead to drug trade or elligal buy and sell. This can be a threat to any country.
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Board Economics
Re: Many new rich people are created from Bitcoin
by
Drixy
on 14/01/2018, 15:50:04 UTC
bitcoin prices continue to rise as this is one of the causes of increased bitcoin users, whose goal is to change a much better standard of living, give your feedback on this?
Maybe youre right it continues to rise so as the users too well obviously haha. There are cases about Bitcoin that it is not appropriate to obtain but some made millions of it i know some wont be enough but its worth a try. Now if everybody would try my mindset they would be bankrupt lol i guess understanding whats best is for the best..
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Board Economics
Re: until when will the bounty program remain?
by
Drixy
on 14/01/2018, 14:11:03 UTC
Over the years there have been a lot of crypto-based-based projects where the business owners offer shares in the form of coins they produce with different kinds of promotions including bounty programs, until when will the gift program remain?
As long as the Forum provides Alts And Bitcoin to exist or be used in such a way we are good to go. This Forum i guess will have some regulations about the promotions in the future so hang tight for more crisis and opportunities.
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Board Speculation
Re: Why BTC value is growing day by day ?
by
Drixy
on 14/01/2018, 01:46:28 UTC
As you can see, I'm learning ABC in crypto currencies and studying this for last 3 – 4 months, even after reading all these web pages, forums etc, still I’m having one basic question needed to clear out. I would really thankful if someone can help me with this.

We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?

I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?       

More people uses it day by day too. You do know that every piece of Bitcoin is so expensive and if you buy tons of it it means youre adding up the factor of the Bitcoin's price the cycle keeps going on and on growth of rate of Bitcoin keeps the users to put more Bitcoin in their wallet and thats the cycle that keeps Bitcoin valuable. Except some incredible issues.