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Showing 20 of 199 results by Elai101
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Topic
Board Economics
Re: When will people feel comfortable using BTC ?
by
Elai101
on 20/08/2018, 22:11:41 UTC
I still have to do with acceptance. Crypto is still very much in its early stage. There is still more adoption to be done and this depends on how much information about people get about the blockchain technology. We will soon get there; when people will have confidence in crypto.
I guess, In my own understanding, I will feel comfortable using BTC if all stores or markets accepts bitcoin as payment. It will become very comfortable if our Government legalized bitcoin and they can now control scammers who keep on spreading negative thoughts about bitcoin.
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Topic
Board Economics
Re: Cryptocurrency wallets: Can they be hacked??
by
Elai101
on 19/08/2018, 04:21:43 UTC
Yes they can be hacked. Hearing the news about exchanges been hacked, what more these wallet are more likely to be hacked. Less news of wallet hacking simply because hackers are still focus on bigger exchange. So, better to improve the security features of every aspect of cryptocurrency industry.
If we will not secure our private key or password there is a big possibility that it might be hacked. Sad to say it is very hard to retrieve that again, since it has no third party involve in crypto world. Nobody you can run to, no one you can blame on it. Government has no control to your money in crypto so its our responsibility to take care of it, to make it safe from hackers.
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Topic
Board Speculation
Re: BITCOIN is useless!?
by
Elai101
on 18/08/2018, 12:11:27 UTC
who says it's useless ?? bitcoin is very useful for the progress of the world in the modern era now ...
because with the existence of bitcoin makes it easy to do all kinds of transactions ...
That is ridiculously wrong, bitcoin is not useless. Those people who don't trust and believe with bitcoin are those people who have no knowledge after all. They are just making false advertisement to make negative thoughts about bitcoin. They are not aware how bitcoin are useful to the improvement of the economic growth. Bitcoin helps unemployment problem after all.
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Topic
Board Altcoin Discussion
Re: What does crypto mean to you
by
Elai101
on 18/08/2018, 09:43:07 UTC
In my opinion crypto Is the first step of future because It is the wonderful technology which can change the world by it's payment system or you can called it digital future.
It is an opportunity given to those people who are suffering from financial crisis. With great knowledge about crypto this one gives chances to earn extra income and if by means of luck crypto can save from poverty. Crypto can be an asset to keep for emergency purposes. I am glad that I was able to know crypto and someday i will introduce this to my friends.
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Topic
Board Economics
Re: how to help people who have problem economic
by
Elai101
on 18/08/2018, 09:17:31 UTC
hello member of the bitcoin forum, Smiley
I'm confused and looking for answers about how to help people who are having economic problems,

are there any of us in this forum who have a good heart to help the economy of fellow human beings,

can opening new jobs reduce unemployment and improve the economy?
The forum itself can help people who were here by earning money, I think that's the alternate solution to help other people that unemployed or jobless. Yes, giving a donation is a way of helping others but it is not for a long-term is temporarily given those who want's to donate. For sure if you asking donation others will believe in you especially on an internet. They think that you are scammers that trying to steal a fund from them. Cryptocurrencies will help the economic problems.
Indulging people by the importance of education and opening new job opportunities is the most effective way to solve economic problem, because unemployment are the causes of why some country are suffering economically unstable. Involving to crypto can lessen unemployment and it can be a big help to those who need money.
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Topic
Board Bitcoin Discussion
Re: Why Bitcoin is better than banknotes
by
Elai101
on 17/08/2018, 23:41:58 UTC
personally it is very convenient for me to send money to my friends in other countries! they get them very quickly and the commission is cheap! That's all it says! Bitcoin is a new digital money. We all still live in the digital age ?!))) bitcoin is rapidly moving and developing the entire world economy! Paper money gradually goes to the background, after bitcoin.
Off course comparing the two, Bitcoin is better than banknotes, since bitcoin itself are having a faster transactions in terms of money exchange with very low fees, while banknotes is a type of negotiable promissory note and considered legal tender along with coins. They make up the bearer forms of all modern money.
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Topic
Board Altcoin Discussion
Re: Do you care about product?
by
Elai101
on 17/08/2018, 09:44:30 UTC
If you don't care about the product/service then don't invest. Projects without a real/innovative product behind will just vanish when crypto market will recover. There is no more room for poor/scam projects with no added value. People started to understand this and they don't invest in any ICO as in 2017.
In my own opinion, I am very particular of the product upon joining and choosing a good ICO because I think the success of that ICO will matter if the product is worth investing for. An eye catcher that is sure to become a succesful project at the end.
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Topic
Board Economics
Re: Success of an investment may not be true to all?
by
Elai101
on 16/08/2018, 23:36:37 UTC
There are various investment targets, there are those who succeeded and those who failed. Unfortunately there are no successful investments for every investment object. I think that those who succeed in investing do not know the solution. However, their success,it was simply luck.
That is how reality hurt as sometimes, not all your plans suits on what you expected to happen but you have to be open minded in that possibilities.Investing is a risk that you must face on, there are beautiful outcome or good profit and the end but there are also big chances of losing money and be ready for it. You must know personally of what you are investing for and if you are open minded to accept the possibilities of failures.
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Topic
Board Altcoin Discussion
Re: Do you feel like quitting?
by
Elai101
on 15/08/2018, 00:36:23 UTC
Even though the market has been falling for a long time now, we must be sure that in the future the market will continue to rise, even though we are currently losing a lot of money and we have to resist selling our own coins, because we are not greedy and have huge losses.

I'm still positive at this moment, it never comes up in my mind to quit, not at all. I know everything will be fine, considering the fact that the price keeps changing as it is volatile and never constant. Quitting is not a solution in every worst situation, instead make it as a motivation. Trust is very important, take all the risk and believe that positive outcome will follow.
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Topic
Board Economics
Re: Why spend time in bitcoins?
by
Elai101
on 14/08/2018, 23:03:02 UTC
No other reason why we spend time in bitcoin. It because we want to earn money. There some people that are doing full time and part time doing bitcoin.
Yes, money is the main reason why we spend time in bitcoin and no other else. If not because of money we will not waste our time here. Maybe there are some reason like wanted to learn more techniques and strategy but making profit is the top reason of everything.
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Topic
Board Bitcoin Discussion
Re: Keep safe your Bitcoin from hacker
by
Elai101
on 10/08/2018, 13:57:16 UTC
This is such an easy thing to overlook, especially to new people getting into crypto. We hear so many stories about sites getting hacked that its not worth the risk, personally I store mine using a ledger nano s and it works perfectly for my use case
Off course we have to make safe of our bitcoin from hackers.As for now I am protecting my bitcoin like jewel that i make sure to be secure all the time.
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Topic
Board Bitcoin Discussion
Re: Don't worry, Bitcoin will be fine.
by
Elai101
on 08/08/2018, 02:35:30 UTC
Honestly, I am very worried about the price right now, and I am even more worried about the dip that just happened.
People are too sensitive and the market is getting controlled by some people. It tooks 2 months to move up to 8k5 and only couple of days to move down to 6k5? Ask yourself why the price moves that fast and not really related to where it should go.
I don't worry at all, I still believe that bitcoin will turn to good like what happen to its value before. Bitcoin price will continue to go up and down so you better embrace it
Cryptocurrencies, Bitcoin included, were never meant to be stable. They were never meant to replace traditional currencies entirely and they are certainly not moving towards any such goal, now or in the future.
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Board Gambling discussion
Re: thinking quiting after lose on gambling.
by
Elai101
on 31/07/2018, 09:40:39 UTC
It makes me laugh when I'm realizing my promises to myself to not gamble again whenever I'm losing in all in bet. After that when I have bitcoin again, I would think to gamble it first and ending up losing all of it  Cheesy Now I had control to myself but still gamble a few bets sometimes
That's the most common scenery i've seen and keep repeating words i've heard after losing, but it was not followed after all. It is not easy to quit gambling, instead I came back to gamble again to gain again what I lost. Revenge is the correct term. After losing i don't think of quitting.
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Topic
Board Bitcoin Discussion
Re: countries allow gambling, liquor,tobacco,horse racing then why not crypto
by
Elai101
on 31/07/2018, 09:07:13 UTC
For one very simple reason....TAX, all the examples you mention are taxed at various rates (depending on your country) until they find a way to control crypto in order for governments to be able to tax it then they won't legitimise crypto. 
Yes as simple as that,  because in crypto they have no control and can't gain any amount from it. Like what you've said TAX.  Not like gambling, liquor, horse racing that they can surely manipulate and can gain income from it.
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Board Altcoin Discussion
Re: wasted 3-4 months in bounty and at end got nothing ??
by
Elai101
on 31/07/2018, 02:21:02 UTC
I was a part of korona coin signature campaign from the bountyhive portal after working of 3-4 months i get to know that ICO did not reached the soft cap and i was not awarded any thing....that has caused me depression now....how the hell i choose a good bounty...after doing some research users suggested me bountyhive is good and i got this...what now...how to choose a good bounty that atleast pays somthing...some say good bounty managers but some of those campaign pays as well.....which ico rating sites are best for this please help....

Currently which is the best campaign to join can anyone suggest.... Huh

Well it's sad to.know that you wasted your time and effort for nothing.
But remember that failure it a part of success, just be more careful next time.  Research more about the project before you invest in it.
You can try "SKYCHAIN.IO", they have a great te members.
Exactly, as I experienced the same situation i wasted time soo much waiting but failure in the end but I never got discourage nor disappointed because as I enter crypto i also include to accept this kind of possibilities. Not all are a success story of bounty but we must move on and never stop until we found the good bounty that will provide good income and future.
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Topic
Board Gambling discussion
Re: Statistics about Bitcoin Gambling?
by
Elai101
on 30/07/2018, 22:45:46 UTC
Are there any statistics on how gambling with Bitcoin (and crypto generally) develops? I would be interested if it increases or decreases. From time to time there are articles on media like Coindesk but I'm not sure if you can believe the data.

I imagine that gambling with bitcoin as opposed to fiat currency is more risky because the proxy of a 'digital currency' doesn't hold the same mental weight value. That was the case for me anyway, because I could justify that I was only losing 'magical internet coins' instead of real money. Unfortunately, this all happened back in 2014, so my magical internet money would eventually be worth over 100x paper money.
Online gambling, with and without Bitcoin, has grown drastically in a number of countries around the world, but some, such as the US and Russia, have imposed very strict regulations regarding the policies against online gambling. The reason of its increasing number of Bitcoin gambling is the anonymity and  the ease and speed of withdrawals and deposits.As well as the lack of fees that are charged to the players.
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Topic
Board Speculation
Re: What would be your wish for BTC ?
by
Elai101
on 30/07/2018, 21:54:21 UTC
Well,  I would somehow wish that bitcoin will become more stable and lesser risk in terms of investment as volatility is part of cryptocurrency movement that everyone should consider. I wish that btc should also have an upgrade in it's blockchain technology much better than the rest so that it will continue to be the number one cryptocurrency in the world.
Hopping for bitcoin to be more secure and safe among hackers. I wish someday it will accept and  legalize nationwide for better and convenient use of exchange and also having BTC an own  ATM machine. This might not be possible to come in the near future as bitcoin soar high and become more popular.
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Topic
Board Gambling discussion
Re: Is gambling addiction mainly due to loneliness and dissatisfaction?
by
Elai101
on 30/07/2018, 00:41:48 UTC
For me i don’t think so it’s the main reason because addiction is a result of excessive gambling, when you don’t have control already and cannot stop the activity. In the beginning it is just a trial and fun but in the long run it will push you to keep doing until you reach to addiction, others just makes an excuse and believe its because of loneliness, but for me it is a choice at first.
I think gambling addiction is the set of mind who has an  extreme and eagerness to earn money and bring big profit for there family. It can be a good form of relaxation or fun and stress reliever. In my own self, I do gambling for money, to win and have income, because I'm not lonely nor unsatisfied. 
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Board Altcoin Discussion
Re: Learn from your mistakes
by
Elai101
on 29/07/2018, 23:55:43 UTC
We must try to learn from the mistakes of others, but if this does not work out and does not work out, then we need to learn from our own mistakes.
When you make a mistake, there are only three things you should ever do about it, admit it, learn from it, and never ever repeat it.  Failure is sometimes are key to success, it has the power to turn us something better than we were before. Learning from our mistakes and acceptance is a proof of maturity and must be done in order to continue to life.
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Topic
Board Economics
Re: Does engaging with bitcoins put you at risk?
by
Elai101
on 29/07/2018, 01:01:58 UTC
Every human endeavor is characterized with risk. Bitcoin is not an exception. In every investment, one is exposed to some certain amount of risk. Engaging in bitcoin is very risky, but one has to take a wise look and study the system well before diving in. 
Risk are every where, If you want to achieve something or you are dreaming of something always consider to face the consequences that you might acquire. Engaging with bitcoins are risky indeed considering the fact of its volatility and we can't predict its up and down. So we can't really say that BTC is always ending a success story, but how to know if it is a success if your not taking the risk?