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Showing 20 of 331 results by Ekimzjames20
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Board Economics
Re: Will BTC defeated in 2019?
by
Ekimzjames20
on 04/02/2019, 06:57:42 UTC
Everything is both difficult and simple. There is a worthy replacement for Bitcoin, this is Ethereum. But the problem is that Bitcoin has a large market capitalization due to the fact that it was the "first". Ethereum will need a considerable time to get around it.

I also believe that everything is not permanent including in the cryptocurrency market but it will take time for a promising altcoin to overtake the leading cryptocurrency. Ethereum must achieve what the bitcoin accomplished for many years to be able to gain more market capitalization and level the playing field. Rather than being defeated, bitcoin will continue the crypto world in so many years before another one will overtake its number one ranking.

As i observe the movement of bitcoin price, it is in the lower part, base on the history they started. But if we continue to support the innovation of the new technology, including the cashless society it will grow and improve the system that they had. Bitcoin will continue to dominate the number one in cryptocurrency and no one can replace it.
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Topic
Board Economics
Re: LESSONS FROM CRYPTO MARKET
by
Ekimzjames20
on 03/02/2019, 08:42:08 UTC
Enough for your profit is more lesson at cryptocurrency, never trying for investing twice at the same altcoin. Maybe you get profit with one coin but never take buy back again at the same altcoin because price will be dump at the next time.
indeed, in essence, we should not be greedy in the cryptocurrency market, because prices can change in an instant with a distant range. take advantage of the best opportunities

As we observe or read, many advises to invest what we afford to lost. Because being greedy brings us fool, and when we fear that's the time we can make wrong actions.
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Topic
Board Economics
Re: Bitcoin holders will have to pay their tax?
by
Ekimzjames20
on 30/01/2019, 06:43:23 UTC
it's true but it's a country that has legalized bitcoin so that the government must determine the market for bitcoin users, but if the country that has not legalized bitcoin will not be the government asking for the slightest tax

I think it depend where countries you're from, if it is implemented or their is a law that you have to pay tax then  that is the time we pay it. But i think if that will come, the bitcoin is already ligalized and many roles and regulation to follow.
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Topic
Board Economics
Re: the future of crypto is good or bad
by
Ekimzjames20
on 29/01/2019, 04:48:37 UTC
in a modern life, crypto should be a good alternative to support all human needs, such as making transactions to investments.
Not only investment because if people were too focus on investment, we will never achieve some kind of stability in the market.
Price will change from time to time because they will play on it, unlike when adoption is to increase, price will slowly getting stable, we nee more users in short.
and I see a much better crypto future.
We will grow, we will see more innovation and improvement.

For me as a true believers of crypto, the future is as bright as a sunlight. And it is the best time to invest, the price is low. But i think it is not best for you to invest all your saving, just invest half and then try to invest in other with half also.
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Topic
Board Economics
Re: PREDICTION IS SOMETIMES LIKE A FALSE PROMISE
by
Ekimzjames20
on 29/01/2019, 04:16:56 UTC
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
There are only predictions that are becoming true because of luck. I do not believe to the predictions that I keep seeing all over the internet because those predictions  are not reliable for us to use it.
but in my opinion with predictions we have directions for trading or investment. without predictions, I guess like gambling, and I rarely do that. many expect to see the market according to their own volition, without seeing what will happen on the market. and finally they force themselves and wrong predictions

Yes, prediction is a direction for us when to start invest or trade. We need a guidelines in this market to enhance our confident.
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Topic
Board Bitcoin Discussion
Re: Bitcoin and Cryptocurrency are considered illegal?
by
Ekimzjames20
on 28/01/2019, 05:44:45 UTC
The legal status of Bitcoin and cryptocurrency depends on the country been discussed. The government of any country has its perception about Bitcoin and for those who understand the concept of Bitcoin accepts it as legal. Countries like South Korea, Indonesia, Canada, Australia have declared Bitcoin as legal. Other countries are neutral about the operations of cryptocurrencies. It is good to study the legal status of Bitcoin in your country.
Now there are more countries that have recognized the validity of circulation of cryptocurrency on its territory, than those that have banned its circulation. The countries of the European Union, and these are 28 states, have a very positive attitude towards cryptocurrency. So far there are about a dozen states that explicitly banned the circulation of cryptocurrency. The rest of them either legalized her circulation, are going to do it, or are still thinking about it. Financial relations are the most conservative, they do not like hasty actions. Therefore, we need more time to cryptocurrency gradually introduced into our lives.

There are some other countries than allowed bitcoin to operate but is not already ligalize, example philippines, japan, etc. but sooner or later it become legal and used it for our own goods.
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Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin matured as a currency?
by
Ekimzjames20
on 28/01/2019, 04:43:29 UTC
Well it is called cryptocurrency. Indeed a currency. Some use it as payment to their purchases that accept bitcoins but I don’t think there will be one country that will accept bitcoin as their national currency, first because of the volatility and next is its feature.
Yes you find the right thing .Bitcoin is the best and a popular cryptocurrency in the world . Its still most of the countries are not accepting it so that its so difficult to set up as a currency to any country as it is high volatile .The world using it as a currency for transaction as a real money . We can see something new in the future and we hope that it will be replace as a using of flat money.

I think this is not the right time that we can say bitcoin is mature already to become a currency. Yes it is starting their way to become a currency but it is not enough. Because we can't used it in no internet areas, internet is the life of bitcoin. It is best if we develop first our connection.
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Topic
Board Economics
Re: Is Bitcoin Over?
by
Ekimzjames20
on 27/01/2019, 08:49:22 UTC
the number of bitcoin is very limited, everyone really wants to have it, I'm not sure that bitcoin will end, bitcoin will continue to grow and become a contention.
with more and more users and more and more who need bitcoin, the price will soar, but I don't think there will be any additional supply, because it will have a negative impact on bitcoin. of course when that happens bitcoin, really it will be digital gold that will be hunted by many people for various purposes, especially investment


I think that demand only will increase the price of Bitcoin if the demand will be reduced then the value will going to download side this will be the situation that happening now so if changes the value will come to normal otherwise it will go deeper in the downward side.

Bitcoin is still in lower price but still continue to operate and use it as a payment system. I heard by a news that in philippines many companies accept it in their payments.
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Topic
Board Bitcoin Discussion
Re: What is the obstacle of Bitcoin?
by
Ekimzjames20
on 24/01/2019, 04:31:36 UTC

the obstacle of bitcoin at the moment is the problem of how to stop hackers and the falling market prices, how to restore bitcoin like it used to

what do you think was bitcoin before ?  High price and cant be hacked ?  No .  bitcoin before was the same as bitcoin today   . the price maybe lower than the past years but that is normal because bitcoin is unstable and even before bitcoin first came out , the value started too low  .

Bitcoin cant also be hack .  what can be hack is the wallets/accounts/exchanges because they store the cash of users   but thats normal  because even on other sites there are also hacking incidents  .  

Price volatility is also normal  because this is the true nature of cryptos including bitcoin . thats why we cannot call them obstacle .

I think the main obstacle of bitcoin is acceptance in the government, that they allow bitcoin to operate in all countries, specially in developing ones.
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Topic
Board Bitcoin Discussion
Re: Whats your most common uses for cryptocurrencies?
by
Ekimzjames20
on 24/01/2019, 01:14:58 UTC
rightnow i think the most suitable is ethereum, because there is so much altcoin out there that use ethereum as a basis

Base in my experience i used cryptocurrency in my online shopping. It so convinient to used in online shopping, make the system fast and easy.
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Topic
Board Economics
Re: Will people come back to gold
by
Ekimzjames20
on 23/01/2019, 06:39:20 UTC
With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)

Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.

people will still choose bitcoin even at the times likes this, gold seems to be harder to earn or mine unlike bitcoin, you can earn it right here or anywhere that adopts cryptocurrency. It will be just a matter of time before bitcoin takes over everything.
I don't think it is like that, gold has more users than in the past, and many believe it. gold is a consistent type of investment, so it's not surprising that many like it. but that does not mean investors return to gold
gold proved as good investment portofolio in long time.so no doubt if people back to gold as their portofolio.i think each investors have gold as their portofolio too, they dont buy it recently.

Gold is the best in how many years but why some investor go to coins like bitcoin, because they want to explore and try others much better. Yes it is risk but it is in high return in the future.
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Topic
Board Economics
Re: Investing in Bitcoin in 2019?
by
Ekimzjames20
on 23/01/2019, 05:45:45 UTC
I still hope for a better tomorrow, it is weird that price dropped right before the SEC decision and while BAKKT was getting 100+ million dollars in funding before a big launch.

I mean to my knowledge both of them are still not done yet which means there is still a chance of great news coming, if you are scared that price has dropped too much and it looks scary for now you are welcome to sell your coins and wait out the storm, in case of both of them not getting done the price could drop even further down and you will be safe from that.

I will take the risk and get some more with my next pay check this Friday and hope that with the upcoming news the price will instead go above 5 thousand dollars making me profit. Both cases of going down and up has a point and one can't tell the other wrong but its a risk we must take if we want profits.

For me it is the good time to buy more when the price is down. Althrough many say it is a risk but i don't listen with negative, i'm just follow what's best for my future.
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Topic
Board Economics
Re: what should consider before investing in a coin?
by
Ekimzjames20
on 22/01/2019, 08:01:42 UTC
 Aside from the considerations one should make based on their personal financial situation, consideration of an investment in a coin usually goes through this process for me:

1. What's its utility?
2. Where is it at in its life cycle?
3. What's the team's experience?
4. Read the White Paper.
5. Wait a week and see if I'm still convinced.  

For me i should consider the popularity of the coin and the structure. How many years since it created. And the last one is the history of the value in our market.
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Topic
Board Economics
Re: thinking of selling or investing more.
by
Ekimzjames20
on 22/01/2019, 06:26:03 UTC
I feel the whales are in control of the manipulation and the continuous bearish market, it is strategic to keep waiting and expect the bull run to commence, am still investing,better to invest than sell as this time,  since the market is yet to recover.
I have a few coins, and I want to sell them. maybe a few moments, the investment desire came to my mind, but I couldn't do it before I could sell the assets that I had. so, I will sell the assets that I have at the time that I think is right.

If your coin are one of those which are only of few cents and does not look that it can sustain for next six months then better to sell it and buy better coins which will give you a good rise and might also help you to become millionaire if the demand of that coin surges very quickly.


I think investing is the best in this moment if you have a lots of extra money. And hold and wait for the best time.
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Topic
Board Economics
Re: Cryptocurrency - future?
by
Ekimzjames20
on 21/01/2019, 07:46:13 UTC
I am personally very optimistic that Bitcoin is a very valuable asset for the future, because at the moment the price of bitcoin is dropping very sharply, so it is advisable to buy at this stage, because Bitcoin will rise if prizes for miners always decrease in 4 years.

Yes bitcoin is dropping very sharply at this moment and i think it take a long time to recovered. But it can surely recovered by the right time with the help of the bitcoiners.
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Topic
Board Bitcoin Discussion
Re: Why do some people refuse to accept bitcoin?
by
Ekimzjames20
on 21/01/2019, 04:35:19 UTC
Speculative price is why many people refuse to accept bitcoin, almost all of bitcoin and altcoin have speculative price where some time at higher and some time could be down, when price is down many people will panic for selling with take lost their money.

I think some people refused to accept bitcoin because they are luck of trust or they don't want a challenge or risk.  Lucky also of knowledge is one of the reason.
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Topic
Board Bitcoin Discussion
Re: Bitcoin as a better store of value than gold
by
Ekimzjames20
on 17/01/2019, 04:27:42 UTC
if in my own opinion bitcoin is not good for storing value, because the price is never stable compared to gold which is always stable even though it is slow for price increases. so gold is the best for storing value

In storing value, i think gold is the best because it is proven in how many centuries, and it is a strongest investment worldwide. Bitcoin started in 2009 and it is known in the high value but in this point price is struggle.
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Topic
Board Bitcoin Discussion
Re: Is it Game Over for Bitcoin?
by
Ekimzjames20
on 17/01/2019, 03:27:02 UTC
of course you understood it just now? in the beginning of 2018 it was clear that everything was going to hell
and at the beginning of this year still in question mark, because there is no sign of recovery from Bitcoin prices but It is not time yet for said Bitcoin will soon end. the chance for Bitcoin to grow again will definitely happen but we won't know when it's time.
 
Who said bitcoin dead or say bad about bitcoin maybe who bought at peak, we can see if investor join at range $100-$200 wouldn't said that because they might be already take profit. So, something like this topic wouldn't really affect on community.

in some cases there are also people that create simillar threads because they are being paid by some organization or company that hates bitcoin . they want to take bitcoin down because they think bitcoin is a huge threat to their own payment system  or  maybe they just investing on other cryptos  .  bitcoin might be game over for now but this cant take too long ,  bitcoin can still respawn  .  it just need to take a rest sometimes .

Bitcoin is still alive and kicking in this industry althrough it is in hard point. It's better to hold and wait for the right time, don't listen with the negative because it bring you in fail.
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Topic
Board Economics
Re: Bitcoin as a Currency
by
Ekimzjames20
on 27/10/2018, 04:57:57 UTC
Bitcoin was initially created as a currency. The thing with currency is that it needs mass acceptance and that's the challenge with bitcoin. This is the reason behind bitcoin used as acommodity.


Bitcoin is made as a digital currency but unfortunitely it is difficult to apply because at this time it is in less acceptance in any companies. Althrough there is some companies accept but is not enough, that is one challenge of bitcoin. People considered bitcoin as an investment becuase it is high in terms of value.
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Topic
Board Economics
Re: Do you use cryptocurrencies in your daily life? Are they useful?
by
Ekimzjames20
on 27/10/2018, 02:54:01 UTC
Right now, in my country bitcoin and others crypto still unregulated for payment. We can not use bitcoin and others crypto for payment because its againts the rules, but i am believe in near future, government will regulate cryptocurrency because its getting more popular and many people having knowledge about crypto

I did not used it in my daily transactions, because it is not already accepted in malls in my country or either a fastfood. But it is continue to operate and hopefully soon i use it when time level up with bitcoin.