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Showing 20 of 74 results by Irwandho
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Board Economics
Re: Cryptocurrency wallets: Can they be hacked??
by
Irwandho
on 15/09/2018, 18:57:29 UTC
Any active wallet can be hacked, but each of us can protect ourselves, for example, have a cold purse that will be on the device not connected to the Internet.



I think it's hard to guess the perfect combination of letters and numbers to your private key. Unless you give it to someone or accidentally don't know that you posted it. So be careful with your password and private key to stay safe. Because it's not so easy to hack a cryptocurrency wallet.
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Topic
Board Bitcoin Discussion
Re: What Can Be Done To Make Government Legalize Bitcoin
by
Irwandho
on 15/09/2018, 18:55:14 UTC
Most likely nothing will help here. The very essence of the crypto currency does not like the government. Well, only if the Crypto-currency is not decentralized, then it will not prevent the state. However, then the whole meaning of the crypto currency is lost ... it will be just a digital currency ... which has very little impact on the world.


I think Maybe then the Government accepted their request and legalized it.
There is also a possibility that the Government is issuing their own crypto digital currencies with certain rules and controls from the Government, so the possibility of legalizing Bitcoin will be very low.
Everyone cannot force the Government to legalize bitcoin. With the passage of time, when more and more people will come to flip bitcoin and will start using bitcoin for their payments; then the majority of people will increase the demand to make bitcoin legal currency.
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Topic
Board Economics
Re: Long term argument for bitcoin
by
Irwandho
on 15/09/2018, 18:53:16 UTC
Bitcoin is the safest ..both long term and in crashes



I think on paper it's easy to say that all coins are similar, but one line of bad code can be a big loss and experience with bitcoin makes it clear that we won't have big problems easily. To conclude the coin doesn't really produce anything. Their value is based on trust and use. Bitcoin is widely used and this is what makes bitcoin more valuable than other crypto currencies. Bitcoin is better tested at higher volumes and over a longer period of time which makes bitcoin more reliable than other crypto currencies.
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Topic
Board Bitcoin Discussion
Re: Bitcoin can be a national treasure.
by
Irwandho
on 15/09/2018, 18:51:22 UTC
I think it might be possible. But not as fast as you think. It still takes a lot of time to be like that or become a national treasure. And I hope bitcoin will be like that.




I think countries like Switzerland and Singapore will be able to boast a significant increase in the country's annual budget only at the expense of cryptocurrency.
If they are in a state account, and even in large numbers, then of course Yes! And when they are spread in anonymous accounts around the world, that is true while it is considered an expensive asset.
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Topic
Board Bitcoin Discussion
Re: What is the biggest misconception of Cryptocurrency in your country?
by
Irwandho
on 12/09/2018, 14:34:46 UTC
Same thing here but only for those who are not really into it. You know, the traditionalist and we can't blame them because of the news that are going out about scams on cryptocurrency although those in the trading system are already quite comfortable with it already.




I think that is the biggest misunderstanding of my government.
In my country, the government has banned people from entering the crypto market in any way. Messages that are so important and emergency messages cannot come to us as soon as possible and we must suffer losses when we do not update the news as soon as possible.
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Topic
Board Economics
Re: how to help people who have problem economic
by
Irwandho
on 11/09/2018, 20:14:52 UTC
Telling others about crypto and other digital currencies is a way of helping people financially. And don't just leave them with thoughts about cryptocurrency. Instead, guide them as well on how this bitcoin thing works and how to earn it without even a fiat money. Teach them other ways and means to earn crypto by joining faucets, mining, and bounty campaigns. Those are the basic things we need to impart others to be able to help them with their financial needs.



I think how much all the financial assistance sent to Africa is helping the economy there? Sometimes, I am tempted to think that what the West and the US really want is to keep those regions poor and exploited. Even after creating jobs, people must also be trained and skilled to make the most of these opportunities. This is the only way out of repeated economic problems.
There is no better idea than creating a new job. Many people and countries make a big mistake by only providing monetary funds. That is just the perfect recipe for endless poverty. Teach people how to fish rather than give them fish.
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Topic
Board Bitcoin Discussion
Re: I LOVE PANIC SELLERS
by
Irwandho
on 11/09/2018, 20:12:23 UTC
So sorry for panic seller but to me, it is the best time to buy bitcoin as much as possible


I think if you take the moment to get an investment in altcoin or bitcoin at a lower price and then you can sell it at a higher price, you are lucky and you are always the best investor.
I am sure you are an investor, you take a moment when your panic buyer buys a lot of bitcoin or altcoin
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Topic
Board Economics
Re: War on cryptocurrency!
by
Irwandho
on 11/09/2018, 20:10:33 UTC
because they believe that this threatens their economy and their monetary system as a whole, because it is possible to bypass the taxes and much more with the help of the crypto currency.



I think this is really a matter of worry because crypto has a systematic and structural problem. So the government cannot accept this.
verbal and pay without permanent documents. That is why the government is tense about it because it can hamper the normal tendency to control a country from all sides.
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Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
Irwandho
on 10/09/2018, 21:47:46 UTC
They are working on it now, that's why you can buy bitcoin with you credit card. In near future we will have more than that!



I think this might happen in the future because some banks now accept payments and transactions using other bitcoins and altcoins, this will come true.
And the idea might come someday that banks around the world will receive bitcoin deposits in accordance with bank terms and conditions .
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Topic
Board Economics
Re: Which form of investment has highest ROI?
by
Irwandho
on 10/09/2018, 21:44:49 UTC
You can earn the fastest on the stock exchange.  You can raise money for a week, but you can also lose it quickly.



I think we should as a priority make investment in ecology important among other choices.
Real estate is a good investment, but there are other investments that can provide good ROI. Think about investing in organic or environmentally friendly products. They produce quality ROI too. humans attach importance to investment, they mostly want money while ignoring the effects of the project on the environment.
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Topic
Board Bitcoin Discussion
Re: A challenge from bitcoin in 2018
by
Irwandho
on 10/09/2018, 21:42:40 UTC
May be the fall of Bitcoin in July 2018. But the market cryptocurrency is always fluctuating, recently it is showing signs of recovery.



I think those who say prices are currently bad have not been here when the price is only hundreds. I see the price is still above 6K, I'm happy even though this is the month or year of the bear. I know at one point it will turn around and it will be a bull again.
This is a vicious circle in bitcoin. Every time it hits a new all time high, it throws the price of more than 50%. But I don't see the price is now bad. Actually, if you compare prices last year, the same month, it's still positive.
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Topic
Board Bitcoin Discussion
Re: Digital money or virtual currency?
by
Irwandho
on 10/09/2018, 21:38:38 UTC
We can't do anything about that if the government does not show their own interest in bitcoin. We'll just have to wait for bitcoin's success to speak for itself and hope that governments will be forced to try and understand and adopt it.



I think because I have many awards for blockchain technology, so to say it is virtual currency, I feel it is not right.
I often call this the electronic money market. I don't think of it as a virtual currency.
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Topic
Board Economics
Re: How did Crypto help you out?
by
Irwandho
on 10/09/2018, 21:36:43 UTC
Before i join cryptocurrency , i dont have job. Now well as for my part crypto helped me in so many ways where I can have profit in my small investments here, I opened by own bank account and started a small business for my future




I think this helps my economy and also helps me in all my needs.
I think crypto really helped me. I got extra work with Crypto and it was perfect for me. And I get extra income. That's how bitcoin helped me.
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Topic
Board Bitcoin Discussion
Re: Anticipation from the future ?
by
Irwandho
on 10/09/2018, 21:34:29 UTC
Given the positive reception cryptos are receiving right now, It gives us economic growth and more opportunity specially to the unemployed.



I think bitcoin can still survive even in a country that has a total ban so that at that time, the future of bitcoin cannot be forged with me having that confidence.
Even the first set has no control over bitcoin due to the fact that bitcoin as a decentralized commodity cannot be controlled by individuals or groups that can only be arranged in a limited form.
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Topic
Board Bitcoin Discussion
Re: HOW TO STOP HACKERS TO HACK YOUR CRYPTO WALLET
by
Irwandho
on 07/09/2018, 16:41:07 UTC
Be cautious when downloading files, not only in email. Remember that there are clever people out there in crypto. You’ll notice files posted in communities, on Telegram, Facebook, Reddit, etc. As tempting as it is to click them, be aware that they could be bait. Always caution.




I think this is a very high risk to get a hack because if you connect public wifi, many hackers can hack your account just by using your own wifi.
This is very helpful and deserves to be read specifically on new brands in this crypto currency, many people are hacked because they don't know how to protect their own coins and they don't know how to place security to prevent hacking. I always enter 2fa for evey accounts and I'm not logged on public wifi.
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Topic
Board Economics
Re: Why do you think the market is down right now?
by
Irwandho
on 07/09/2018, 16:38:13 UTC
I think that market is down just because of too much selling orders and less people buying it. in current market condition which was already bearish from last top in December 2017, selling send us to downtrend.



I think weak and inexperienced hands get lessons now. This may take time to recover depending on how long they need to accumulate.
I think the market is sluggish because the trees are shaking. Big boys have entered now and they want a good price.
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Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
Irwandho
on 07/09/2018, 16:34:08 UTC

This is unnecessary, as this has blocked the blockchain. It will not be profitable but safer. I do not believe in a bank, because my government has issued a decree authorizing bankruptcy, and compensated the depositor for $ 3,000. Even if they send $ 1 billion



I think they might attract investors of this type by saying that their bitcoin will be safe in their hands. We know how banks do well in making money.
I like to deposit my fiat to the bank and they make money with it but if it's bitcoin. I don't think I will take advantage of this service but there is a possibility that it will come and they will target bitcoin investors / holders who don't really understand what bitcoin is, being your own bank.
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Topic
Board Economics
Re: Diversify Investments
by
Irwandho
on 06/09/2018, 06:35:38 UTC
Is there any solution to invest in cryptocurrency not? The solution is highly profitable, I feel Bitcoin prices are pretty high although it's down but I can buy another coin. I need some advice.



My advice is you choose to invest in bitcoin for the long term, which will give you more security and comfort in the future. Diversification is very good, but you run a lot of risk if you invest in projects that are not good, my advice is that you stay in bitcoin
You can choose to risk your money by investing in altcoins, which means you have to be willing to lose almost all of your money because altcoin can even fall to more than 80% of your value if something goes wrong.
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Topic
Board Bitcoin Discussion
Re: What will keep people from getting into cryptocurrency?
by
Irwandho
on 06/09/2018, 06:32:51 UTC
In some countries electronic money is banned and Developing countries do not know about electronic money
we need which attract more and more people towards it to use it




I think now, try telling a scientist about the concept of cryptocurrency, it won't be easy. It will be more difficult when you try for people in developing countries where the internet or even electricity is a luxury.
Knowledge and infrastructure. Scientists have taught monkeys the concept of money in their experiments and that works.
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Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
Irwandho
on 06/09/2018, 06:25:50 UTC
We can not deny that bitcoin is still the best coin in the market and there are still many investors who would like to prefer for bitcoin ,despite the falldown of market price value ,but still they will invest in bitcoin ,so this will be the reasons bitcoin volume is still rising.


I think because the supply of Bitcoin is at a fixed level, I don't think that increasing supply is a way to increase market capitalization, even though not all 21,000,000 BTCs are being traded on the market, what really drives the market. cap with the price and not the supply. So to answer your question, it will still rise in terms of price and market cap, see where the price is and the volume is still increasing.
You are still asking the same question as "Do you think Bitcoin will rise in price?" as the only way to increase market capitalization, of course, the value of Bitcoin is also increasing.