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Showing 20 of 874 results by EddyGameta
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Topic
Board Economics
Re: Evolution of Money
by
EddyGameta
on 29/09/2018, 18:09:14 UTC
Money has evolved as a medium of exchange to pay for goods/services. And now a lot of money has been made even various online stores also have their own deposit of money so the transactions will be faster and easier. The article is very good telling us about money revolution from ancient times to the present
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Board Trading Discussion
Re: Hodling
by
EddyGameta
on 29/09/2018, 18:03:26 UTC
You must be bought Bitcoin when the price was rising few months ago, don't despair, Bitcoin will show its toughness again. I’d recommend you to study the market even further, read articles, news and journals or even the ICO’s whitepaper maybe it will bring profit to you.
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Board Bitcoin Discussion
Re: A challenge from bitcoin in 2018
by
EddyGameta
on 29/09/2018, 18:01:46 UTC
In my opinion they will sell their bitcoin because of panic when the price is falling, those who don’t have the confidence to hold will surely sell because of their own panic and didn’t gain profit, but those who are strong in hold and confident in their own beliefs will earn profits when the price recover.
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Topic
Board Bitcoin Discussion
Re: Do you think Satoshi wanted the market to grow that much?
by
EddyGameta
on 29/09/2018, 18:00:32 UTC
Satoshi is a very smart man, he is a visionary but he is not a crazy for fame. So he kept his identity a secret, because he already knew that Bitcoin would be very successful.
I do not think he intended it to be this way when satoshi created bitcoin. And I do not think he imagined it would bloom into this big, this fast. We deviated from the original intentions of bitcoin, but if I am satoshi, I would be very proud. His creation paved way to a new economy and keeps growing and branching out.

if you used bitcoin as a payment, you might loose profit when its price is increased. So i must say that satoshi did not expect this to happen, he did not expect all of this.
But what if the Bitcoin transaction actually brings a lot more profits than HODLing it which is unknown when the price will rise again? If everyone only uses Bitcoin as a means of speculation to get profits with investment as a reason, then how will Bitcoin keep its value other than its speculative value.
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Board Trading Discussion
Re: Short term vs. Long term investments
by
EddyGameta
on 28/09/2018, 14:07:19 UTC
I prefer long-term investment in BTC, because I believe the world needs a financial revolution. I think BTC can become a global money in the future.
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Board Trading Discussion
Re: HODL is not advisable!
by
EddyGameta
on 28/09/2018, 14:06:45 UTC
Always pay attention to coinmarketcap.com and also news from the coin community that you will HODL, don't be easily provoked by pump and dump because when you have been lured with pump and dump you will be loss if you miss the moment to sell.
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Board Trading Discussion
Re: Keep all crypto in trading platforms or wallets?
by
EddyGameta
on 28/09/2018, 14:06:23 UTC
Actually it's more convenient to store in trading wallet because we can see the total amount of coins, and also the change of coins price movements. We can sell the coins when the price is high
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Board Trading Discussion
Re: Is worth buying coins under $1?
by
EddyGameta
on 28/09/2018, 14:03:58 UTC
Buying coins for less than $1 could be the right choice, or it could be a bad choice. Lots of coins are below than $1 but have a large market capital, maybe these coins are the ones you should choose.
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Board Bitcoin Discussion
Re: What is your Bitcoin total ownership goal?
by
EddyGameta
on 22/09/2018, 22:22:56 UTC
There is a limited supply so I only would want to own a small amount 5-10.  It would be more fair if everyone was able to own a small amount of bitcoin instead of it being concentrated in the hands of a few whales.  It's funny how many bitcoins were lost due to carelessness, back in the days when no one really thought bitcoin would amount to any serious value.
Yup, thus keeping the Bitcoin market healthy, a monopoly can destroy Bitcoin itself if it’s owned only by a few people and the high value will be lost because of losing its functionality so that only the speculative values ​​remain even if there is a made up transaction.
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Topic
Board Beginners & Help
Re: Mine Bitcoin with your TV!
by
EddyGameta
on 22/09/2018, 22:22:04 UTC
LOL, so with this TV, you would be able to mine 0.043 BTC per year, I'm willing to bet that you would indeed spend more on power.
Okay, you might be able to make a small profit, depending on your electricity prices, but this just doesn't seem sorth it.
If they launch a coin and develop it properly and very well, it might come true. But I think uniting a TV with ASIC like that is actually dangerous for the TV, it's better to separate it from the risk of overheating.
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Topic
Board Trading Discussion
Re: Bitcoin Prediction : Dream or real ?
by
EddyGameta
on 22/09/2018, 22:20:20 UTC
Pump or dump know that there is still hope that it will go rise again. I think Ber month is the month for bitcoin to be green again we will soon see the green market hopefully after august and have a great and merry christmas.

I don't think ber months can be an assurance for us to be confident enough, because we didn't know yet what will going to happen in the next couple of months. That pump and dump was a roller coaster that dips so well, and green market sometimes very unpredictable based on the previous market history. Most of the frustrated traders went on disappointed but it's a reverse psychology from other longer term traders, because they had such a brave heart over years of being strong with their faith towards bitcoin. Their trust cannot be measured and in fact they're not even affected with all fuds and fake news. Absolutely their visions wasn't changed at all.
Yes it is, because those who become long-term traders are very patient with strong beliefs, big difference with short-term traders that doing pump and dump quickly, sometimes they are affected by fuds and fake news.
It’s very difficult to guarantee because in cryptocurrency there is no guarantee if the price would always rise.
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Board Economics
Re: Will crypto solve socioeconomic problems?
by
EddyGameta
on 21/09/2018, 16:01:14 UTC
What is needed to improve socio economics is regulation and change the economic people themselves, it’s all the inhabitants of the earth. But I am sure, new problems will emerge, because humans will meet it as long as they live because of their dissatisfaction nature.
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Topic
Board Economics
Re: Are we moving towards Centralized Private Blockchains?
by
EddyGameta
on 21/09/2018, 16:00:45 UTC

It will just be Database replaced with the word Blockchain, same principles. Non-censorship resistant and not open source.

Blockchain is a database but with different principles from conventional databases, blockchain, you should understand from that word. About privacy it’s depends on the developer, some offer anonymity and some don’t, depending on the usage.
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Topic
Board Economics
Re: How much important bitcoin for entrepreneurs?
by
EddyGameta
on 21/09/2018, 15:58:53 UTC
Bitcoin isn’t more important than strategy and innovation, Bitcoin is only part of capital, I know that the bigger the capital, the stronger it will be but it will be a waste if it doesn’t have right strategy and innovation. Many companies with large capital but lose to companies that provide innovation and good strategies, there are also those who prefer to buy their rival companies or buy startups to beat rivals, and not all of them are successful.
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Board Trading Discussion
Re: Trading or mining?
by
EddyGameta
on 21/09/2018, 15:58:37 UTC
Why don't you just try trading?
Trading does not require tools and maintenance costs, but as you know the risk of trading is huge. If you can manage your finances, your emotions and want to read the latest news I think you can avoid losses from trading.
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Board Trading Discussion
Re: Want to help all for trading
by
EddyGameta
on 21/09/2018, 15:58:14 UTC
Before you start to trade with your money you’d better learn some basic knowledge about trading like:
1. Technical analysis
2. Fundamental techniques
You also need to know some trading instruments like MA, FIBONACCI and OSCILATOR. Some of these techniques will really help you in trading.
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Topic
Board Bitcoin Discussion
Re: Bitcoin online payments
by
EddyGameta
on 16/09/2018, 19:31:32 UTC
Why we have to wait for YouTube or other sites to earn bitcoin from their payment. We are still able to receive altcoin payments from several bounty campaigns in this forum and can be exchanged into bitcoin. Do things that can be done right now instead of waiting for something that won't necessarily to happen. We don't need to bother thinking about things like earning bitcoin there are still many ways to earn bitcoin than waiting like that.
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Topic
Board Bitcoin Discussion
Re: Bitcoin investments?
by
EddyGameta
on 15/09/2018, 18:02:50 UTC
If you decide to invest in BTC is a smart choice, now the crypto market, only the BTC is growing, while the other coin drops continuously, so I think we choose the BTC is good. Best.
Yes, investing in bitcoin is good choice cause the value is always on top than other coins. Bitcoin is continues growing and increasing so that many investors interested to join in bitcoin cause they know that bitcoin is good investment for our future.
Yes, especially when the price decrease few weeks ago, many new investors started investing in bitcoin because they saw the price was low. Right now only the price of bitcoin is going up but not to altcoin whether what’s wrong with the altcoin.