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Showing 20 of 26 results by FrankGismoeas
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Board Bitcoin Discussion
Re: Convincing people about Bitcoin
by
FrankGismoeas
on 24/11/2017, 09:48:20 UTC
It is very hard to convince people about bitcoin i think it is better if we just show them how everything works and how much we already have earned from bitcoin and other altcoins i would start with bitcoin first because altcoins is much more and a lot harder.
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Topic
Board Economics
Re: Bitcoin is Falling...Is it Panic Time?
by
FrankGismoeas
on 24/11/2017, 09:43:00 UTC
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Best thing is that we can make money by down in the price of the Bitcoin but still most of the people don't understand about it and sold their Bitcoin due to panic of down in the price , that is really a stupid thing for them .
Here if you have panic of down in the price then I will recommend everyone just do nothing with your Bitcoin .
But still if you want make profit then buy some Bitcoin and then hold it at the exchange because after the sudden increase in the price of the Bitcoin , the price of the altcoins get down and then buy some altcoins with your hooded Bitcoin amount .
This is really a simple trick to make money with fluctuations of the prices  .
So instead to get panic you should make profit.
No. Dont panic when the botcoin prices dumped because it will actually rises up again and it was called pump and being a panic seller is not good because youre losing youre own money.
Yes it is correct.
You don't need to be worry because bitcoin is falling.
Its just only a challenge on how strong you can hold your BTC.
We all know that bitcoin has a significance that when it fall down, surely when it regain its value it will be mich higher than before.
I agree with you you do not need to worry because if you worry you will panic sell and that is totally not recommended because you can lose a lot after bitcoin goes up again if it falls you should be happy because you can buy some more.
That is true my friend once panic sold and after 2 days he could have gotten 2000 dollar profit on each bitcoin he had sold but he lost 500 dollars and that is why i would never recommend to panic sell it is always a bad thing.
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Board Bitcoin Discussion
Re: Saving Bitcoins for your Children.
by
FrankGismoeas
on 13/11/2017, 14:12:29 UTC
I am exactly planning to do this because if my children are big enough i can tell them and learn them everything i know about bitcoin and make them start their own and help them also i will give them a couple of bitcoins so they can start and know how everything works.
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Board Economics
Re: plan for the future with bitcoin
by
FrankGismoeas
on 13/11/2017, 14:06:37 UTC
My plan is to buy a car and save the rest for later maybe even buy a house with the money i make but it depends on how much i make maybe i will just go take a year vacation and go on a world tour this way i can know more things about the world and enjoy my life in a lot of countries.
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Board Off-topic
Re: Bitcoin is not gambling
by
FrankGismoeas
on 13/11/2017, 12:22:55 UTC
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.

Bitcoin is a currency.  You cant say money is gambling itself.  But if you invest your money and convert it into bitcoin,  now it is gambling.  Because you take a risk investing your money to a volatile currency hoping it would rise up in the coming days,  but you know it might also drop.  There is still win or lose in it,  so basically its still gambling.  The process is gambling,  not bitcoin itself.

That's right, Bitcoin itself is not a gambling it's a currency to be and is used. But we got to admit that almost all bitcoin related industry is a gambling from trading, investing and gambling itself and other forms of bitcoin transaction. But comparing to gambling investing and trading bitcoin is different, well it is really considered a gamble because of the risk it has but in bitcoin it has high chances of payout just need the right knowledge and experience and cyrptocurrency.
A trader can become a gambler and reverse, a gambler can also become a trader if they calculate their profits, loss careful.
As your said, Bitcoin is really a gamble because nothing can increases the value fastly and reaches to high price as Bitcoin at now.
Old bubble in the past can not compare to Bitcoin growth.
I agree with you bitcoin is straight gambling without knowing the income and you can make a lot of strategies for yourself to earn a lot faster or have no loss but you will never actually know what will happen at that moment so you just wait.
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Board Economics
Re: Bitcoin is Freedom
by
FrankGismoeas
on 13/11/2017, 12:18:10 UTC
Yes bitcoin is freedom because people are free to do what they want with their money because it is always save with them in their wallet people can also make a lot of profit from bitcoin and that is a extra thing we get from bitcoin i love bitcoin!
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Topic
Board Economics
Re: Bitcoin's profit
by
FrankGismoeas
on 13/11/2017, 12:09:06 UTC
Yes you can earn a lot but i do not think a lot in a very fast time you can maybe make 2-3 million in 3 years and with drug dealing you can make a lot more in the same time like easily 10 millions it is not recommended but it is faster than bitcoin.
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Board Bitcoin Discussion
Re: India may ban bitcoin in 2018
by
FrankGismoeas
on 10/11/2017, 11:18:08 UTC
Why should India ban bitcoin it is a good thing for everyone in this world the poor people their making form bitcoin know they can earn a lot form there but i do not understand why people want to ban it they just do not want people to make money that is it.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
FrankGismoeas
on 10/11/2017, 11:13:27 UTC
Bitcoin could have been the #1 and solved all the problems. Instead, it retards itself to 6 tp/s and has been taken over by the likes of Adam "I invented Bitcoin" Back, Gregory Maxwell the Wikipedia troll and Luke "I think the Sun revolves around the Earth" junior. Literally a trio of Retards, at the end of the day they are nothing more than useful idiots who receive their paychecks directly from the Banksters that Bitcoin was invented to destroy. They will go down in history as Liars, shills and idiots who held back Crypto's potential for years and forced the rise of altcoins and bitcoin cash. Oh well. I guess it doesn't matter - We are going to win anyway.

Don't you think you are stressing the scaling debate a little too much?

Biggest blocks could be a solution, but segwit should work too, and if properly developed I think is a much more elegant solution than biggest blocks.

Altcash seems to me even more centralized than core, but what I really think is that there are no evil bankster behind any side, just some pression groups who want to achieve their interest. Zero trust environment, as usual, with powerful personalities both sides, but no evil jew banksters.

I'm glad you buyed @20 usd, I buyed a year later @1000, mined at loss and I have made little profits, but I don't think your "i'm rich in bitcoin" argument is valid when it comes to scaling debate.

I think that everyone should possibly be able to run a full node on a raspberry in afghanistan, this is very important, why you think that 8x tx/s are more important than this? And what happens when 8mb block are full? Don't you think we are going to buy our coffee with 8 mb blocks right?
 
I'm not rich at all, but my point is that many thousands are getting into bitcoin just recently because of it's increase in popularity, they read censored forums which are intentionally manipulated and then they are engaging in obvious groupthink psychological manipulation - This is a pretty obvious tactic that has been often used by various intelligence agencies of the world. People who got into BTC earlier, IE 2011-2012 generally aren't as likely to fall for Blockstream's manipulation, censorship and misinformation tactics. And those are the ones who are now being ostracized from the community. This points to a complete rewrite of the original BTC community, it's intentions, its code, its purpose, and its future. Satoshi's Bitcoin is dead. Now it's BlockstreamCoin - A Bitcoin NOT meant to compete with FIAT, or meant to compete with banks, but rather a settlement layer for the Rich and a speculator toy to play around with on exchanges. That's Blockstream's vision. Forget about the masses. Blockstream firmly believes that FIAT is superior to Crypto (after all that's what they get paid in) --- and Bitcoin should just be a settlement layer primarily used by the already-Rich and Speculators. Christ, I can't believe it even has to be argued - it's so obvious that Blockstream are the corporate takeover of Bitcoin that it makes my eyes bleed.
Less words that say more, and paragraphs.
Haha you are right he could have said it in lesser words took me like 5 minutes to read everything and understand it but can we just not talk about Christ around here? that is so inappropriate for all the Christians around here.
It's not even about the time or length of something. People who use an excessive amount of words to convey their meaning, and put it all in one big clump to make it difficult and bothersome to read, are inherently deceitful. They do it to mask whatever their agenda is.
I agree with you i do not know why people write such long essays about nothing and they expect other people to read theur essays that is not how the world works mate don't do dumb stuff i do agree with you total on this one.
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Board Bitcoin Discussion
Re: Will bitcoin end?
by
FrankGismoeas
on 10/11/2017, 11:09:15 UTC
I think it will because there is a limit to bitcoins and i saw it on a Netflix documentary about bitcoin that it will be all mined in 20140 so maybe that year is the year of death for bitcoin but we do not know what can happen maybe there will be more.
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Board Speculation
Re: I will not Die Untill Bitcoin will reach at Least 50K
by
FrankGismoeas
on 10/11/2017, 11:04:39 UTC
Do you actually think that that will happen? i do not say it cannot reach that price but it is not very smart to reach that price because who will be able to buy one bitcoin for 50k a very few people and what if they all say no? than it is worth nothing.
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Board Bitcoin Discussion
Re: Why owning 1 BTC becomes harder everyday???
by
FrankGismoeas
on 10/11/2017, 11:00:37 UTC
Because it is expensive by the day and it is very hard to get also people are keeping their bitcoins because they know they can get more if they just wait and watch how everything goes to work i would suggest just wait till he price drops.
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Board Bitcoin Discussion
Re: Should I invest In Bitcoin?
by
FrankGismoeas
on 09/11/2017, 09:23:28 UTC
Yes you should because BTC can bring you a lot of money my friend has become very rich because of btc investment and right now he is living his life in new york where he opened his own club with the money he made from bitcoin.
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Board Economics
Re: How to train your money for costly bitcoin?
by
FrankGismoeas
on 07/11/2017, 10:08:34 UTC
Just go in too a trust able exchange like bittrex and sell your dollars or euros for bitcoin there i bought it from there but remember do not overbid it because that will give you a loss it is always a beginners mistake to overbid.
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Topic
Board Bitcoin Discussion
Re: Why people are holding Bitcoin?
by
FrankGismoeas
on 06/11/2017, 09:45:15 UTC
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
simple answer. people just waiting for high price and sell bitcoin in high price to take more profit of this situation

and almost user of bitcoin use this way
Yes you are right because people want to get much profit from it. And they want to be rich from bitcoin.
Like me. I holding bitcoin for a long time because i want to be rich people from bitcoin  Grin Grin Grin
The other reason why people holding bitcoin because they know bitcoin has a good potential. And bitcoin is the best investment in the world. I think.

Of course they are holding it because they will get profit. No one will leave their coins without knowing that they get a profit. Everybody leaves it in their wallet hoping that the price is increases.

I as well hold my coins because i think some of of these coins have potential.
I agree with you we should believe in the coins we have and even if they make nothing of it you should just sell them and there are more ways then to buy other coins just earn them through airdrops campaigns and even bountys.
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Board Altcoin Discussion
Re: Bitcoin Cash Raising!
by
FrankGismoeas
on 03/11/2017, 09:41:18 UTC
I actually don't know why it is raising now. My friend has now some coins so he is lucky that its worth something. I told him to save it for few years and sell it when it is worth a lot.

I have bitcoins, but i didn't pay any attention to bitcoin cash though.

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Board Bitcoin Discussion
Re: How did you first hear about bitcoin?
by
FrankGismoeas
on 02/11/2017, 10:07:18 UTC
I heard it from my friends. They were using it to gain extra money so they explained to me everything about it and how it works. So i began claiming from faucets.

I was actually gaining coins from it. It was not much so they explained to me that i needed to invest. So i invested.
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Board Bitcoin Discussion
Re: Do you keep buying?
by
FrankGismoeas
on 31/10/2017, 10:28:07 UTC
I keep buying bitcoin when it is falling this is smart, because we know that bitcoin is unstable so it will rise up again someday. Sometimes it even rises very high so you can sell them for a good price. I also keep buying altcoins who are cheap because sometimes they can get pumped up.

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Board Economics
Re: Is time too late
by
FrankGismoeas
on 30/10/2017, 09:46:35 UTC
It's not yet too late to buy it because it is still affordable to reach and buy 1 btc for thousand bucks but sooner or later it will reach a state that an ordinary people cannot but like 10k - 20k price range that is difficult when the btc reaches that prices in the near time. so for now we have to buy it before it is too late. We've done the mistake of not believing to it and reject it while the price is super cheap that a child can buy a one or two.

I agree with you, it is not too late to do a investment for bitcoin. If you are smart you invest now, because experts are saying that bitcoin will go to 50k in the future.

This looks logical because bitcoin is unstable so this is possible. This is also why i have done my investment.
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Topic
Board Speculation (Altcoins)
Re: why most alt coins price is dropping down?
by
FrankGismoeas
on 24/10/2017, 14:19:58 UTC
Most of the people are now panic selling they see that most of the coin is now dropping so they also start to sell their own coin. If a lot of people do this the price will surely drop down if there are not customers to buy that coin. You must have patience it will rise up. Because all coins are unstable its not like euro's it can rise and it can fall.