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Showing 20 of 216 results by Eijrafarm
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Topic
Board Altcoin Discussion
Re: Why is bitcoin unique or place higher than others coins?
by
Eijrafarm
on 16/09/2018, 20:38:47 UTC
Bitcoin is already matured enough to be compared to the other coins. We could consider this one as a great aspect of bitcoin since it has already established its solid foundation.
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Topic
Board Economics
Re: Crypto replacing fiat?
by
Eijrafarm
on 16/09/2018, 13:27:22 UTC
There is no way for cryptocurrency to replace fiat since fiat is already part of the overall economic system world-wide which is really hard to replace even if it's going to be replace by cryptocurrency.
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Topic
Board Economics
Re: What will you do with the current market?
by
Eijrafarm
on 16/09/2018, 12:09:19 UTC
As what we all can observe today, the market situation is still currently down and  the best option that I preferably use and actually I can say it's effective is to hold my coins patiently. I know that the price will soon recover and that's the time I'll be selling them. Practically speaking,we are here for the profit so patience is really a virtue.
Post
Topic
Board Economics
Re: Reason why other ban cryptocurrencies
by
Eijrafarm
on 15/09/2018, 05:49:23 UTC
For me banning cryptocurrency is cause by the issues regarding illegal activities which include cryptocurrency. Also large countries forbids crypto trading because of many scams that appears within the community.
Post
Topic
Board Economics
Re: what is the future of virtual currency like bitcoin ?
by
Eijrafarm
on 15/09/2018, 04:41:37 UTC
I think that digital currency will be known in the entire world. As the future is full of change people will really adopt in any changes regarding new technology and make it as the best innovation.
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Topic
Board Economics
Re: Why lot of countries do not allow to use Crpto?
by
Eijrafarm
on 14/09/2018, 13:14:56 UTC
Many countries seen cryptocurrency as a threat in their current economy. Maybe this is due to many issues cryptocurrency suffering. Many has already become a victim of the scams and huge hacking issues.
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Topic
Board Economics
Re: Simply predict the future of bitcoin
by
Eijrafarm
on 14/09/2018, 11:16:13 UTC
In my speculation bitcoin will not thoroughly have a huge pump this year but the certainty of falling down to much is quite low. Since the market has been showing a very irregular movements but positive for btc.
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Topic
Board Economics
Re: market refresh or just a pump ?
by
Eijrafarm
on 13/09/2018, 20:37:14 UTC
The current market now is unpredictable this way many investors failed and can't avoid taking losses. Having this crisis is something we could say to be a refresh and will again have a huge dump or a huge pump.
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Topic
Board Altcoin Discussion
Re: what makes you trust a new altcoin?
by
Eijrafarm
on 09/09/2018, 09:33:36 UTC
Quote from: CrypTrends on October 09, 2017, 09:16:59 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

It is very simple, I think you need to take the transparency into consideration. Base on my experience almost all ICO who is transparent to its community is successful towards the marketing.
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Topic
Board Archival
Re: Is this the end for Altcoins?
by
Eijrafarm
on 09/09/2018, 05:57:05 UTC
Quote from: KenCryptos on March 18, 2018, 02:55:31 PM
All Altcoins are in red. What causes this dump and does this mean that it's over for certain amount of Altcoins?

We are talking about more then -10% for a lot of coins: Charts

I think not. Since not only altcoin is struggling in the current market but bitcoin as well. I think every coin is on a verge of collapsing at this moment let's just have faith on cryptocurrency capability.
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Topic
Board Economics
Re: hackers becoming smarter than exchanges?
by
Eijrafarm
on 09/09/2018, 05:19:26 UTC
I think that many hackers started to breach the security system of many exchanges this is why exchanges started to implement KYC system to protect every exchange that involve in crypto.
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Topic
Board Altcoin Discussion
Re: Why exchange want to bank details for kyc???
by
Eijrafarm
on 08/09/2018, 12:14:36 UTC
I think there is a law already that requires exchange sites to have KYC for the investors since it will also help track criminals to attempt scams or hack cases in cryptocurrency.
Post
Topic
Board Economics
Re: Bitcoin will control the world economy!!!!! is it true?
by
Eijrafarm
on 08/09/2018, 10:34:16 UTC
Quote from: thomasonil on September 14, 2017, 07:08:20 PM
Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 

For now I think it is not possible. It's influence is not wide enough that we could say that it will have a large impact to the world's economy if there is a price movement of bitcoin.
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Topic
Board Economics
Re: Why do you think the market is down right now?
by
Eijrafarm
on 08/09/2018, 01:49:39 UTC
Quote from: PoseidonF on August 07, 2018, 05:20:23 PM
is it all that is going on with regulations?

Big whales just waiting?

People do not believe in crypto anymore?

is it trouble in some countries in ASIA with laws and regulations?

I think this is can only answered by those big whales and those who have a larger holdings of coins. Many people that is keep on telling that cryptocurrency will probably decline soon that is why the market is falling deep and not showing signs of recovery.
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Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
Eijrafarm
on 07/09/2018, 21:02:40 UTC
Quote from: Jmmerquita on August 06, 2017, 06:47:54 PM
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

In my opinion FIAT currency is already a stable currency. For it to be crushed would require a huge global crisis to have a huge impact in to it. I think his statement is only a fact and don't have solid baseline.
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Topic
Board Economics
Re: How Bitcoin becomes a real currency
by
Eijrafarm
on 07/09/2018, 12:11:51 UTC
Quote from: jseverson on September 07, 2018, 11:54:47 AM
Quote from: Don Pedro Dinero on September 07, 2018, 10:16:53 AM
Have you copied that? That's too academic.



Doesn't look like it, surprisingly. I tried Googling random snippets and it only ever returned this thread as the sole result. Wow what a wall of text.

But yeah, great effort. I see you're basically saying it boils down to Bitcoin being used for trade, which I completely agree with.

I might have missed a few stuff, but how do you think it would be possible to manage Bitcoin's deflation and inflation? I don't think this is at all possible. Or were you strictly talking about expectations? Like, tell people prices won't increase so they're less incentivized to hold or something like that?

Well me must be thankful for this statements, although there is some argument we need to tackle in that statement but it is beneficial for the beginners to more aware on what bitcoin road to take.
Post
Topic
Board Altcoin Discussion
Re: Bounty hunters hurting themselves?
by
Eijrafarm
on 07/09/2018, 09:54:20 UTC
Quote from: KS03 on September 07, 2018, 01:34:17 AM
It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid.  The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.  

Thoughts?

I think this matter is very sensitive. Since we don't know what is the movement of the project owner about promotions. ICO always allocate bounty pool in their target market plan and token allocation.
Post
Topic
Board Economics
Re: Does Bitcoin affect world trade?
by
Eijrafarm
on 07/09/2018, 06:18:27 UTC
Bitcoin already have a huge market cap. This market cap if added to the national trade then it is already a huge amount which could affect the money movement all over the world.
Post
Topic
Board Altcoin Discussion
Re: Cryptocurrency is having a lot of positive news
by
Eijrafarm
on 07/09/2018, 01:19:35 UTC
Quote from: hoangloc19901 on July 08, 2018, 05:38:16 PM
1 ~ The Florida finance director has advocated the establishment of the state's "cryptocurrency agency"
2 ~ TRON Network (TRX) is considered safe deposit and test deposit
3 ~ Spanish Securities Commission to implement a pilot application of Blockchain technology
4 ~ Ox (ZRX) surged in Korea market - Weekly growth statistics were 79%
5 ~ Hughes has made some other recommendations including an international blockchain contest to encourage talented blockchain developers and to propose effective blockchain development goals of the UK by applying blockchain and technology. other related
6 ~ FIEA "requires securities companies and fund management companies, clients and securities (stocks, etc.) to separate from the company's assets." In addition, companies must establish "a strict investor protection system, such as insider trading ban

This is indeed a good new for cryptocurrency community but in actual in does not implicate a huge impact in the market right now. Where in the price has keep falling deep within this year.
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Topic
Board Altcoin Discussion
Re: What is the safest and most reliable altcoin?
by
Eijrafarm
on 01/09/2018, 22:21:55 UTC
Quote from: Impulseboy on August 30, 2018, 12:04:24 PM
What for you is the safest and most reliable altcoin that any beginners of cryptocurrency can buy and invest in to? Because bitcoin is unpredictable I wonder if I can start buying altcoins instead, however, I do not want to buy an altcoin that will just be a waste of money. Any ideas?

For me the safest and most reliable altcoin is ethereum since it has already proven it's with for more than a decade. It's is not it's higher peak last year and it might happen this year.