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Showing 20 of 388 results by Jake Virus
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Topic
Board Speculation (Altcoins)
Re: Red Period but be Patient
by
Jake Virus
on 26/09/2018, 14:36:00 UTC
Red period comes with it's opportunities but those opportunities are not spoken off individuals will have to unearth those opportunities themselves. Red period in the market of cryptocurrency is not to sell but to buy!

Red markets indicates to us that not to sell our coin but to buy some coin it is true but not always. To buy a coin you should enoughknowledge about the future of coin and it's platform. We cannot buy a coin, which is added in market list (coinmarketcap) recently. We should remember that the coin will be more powerful and its value can be pump.  Choose best and get best.

Yes, I agree with the statement/topic above.  No matter how bad the situation is and no matter how bad the price gets, we should never worry and engaged ourselves in panic selling. We just have to be patient to avoid more losses
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Topic
Board Altcoin Discussion
Re: Which do you prefer, bank or crypto?
by
Jake Virus
on 26/09/2018, 14:27:26 UTC
I prefer a bank if I want to save my money. while crypto is more suitable for investment. I can benefit from crypto investment but saving money too long on cryptocurrency is not good. it's safer to store it in a bank. crypto is like a bomb, if you are just a little late you will lose and all your money will disappear.

I preferred both in different ways. I preferred bank in terms of money savings while I preferred crypto when it comes to money making. We are all aware that banks is safer than crypto but its capability to earn is just so little compared to cryto.
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Topic
Board Altcoin Discussion
Re: except for bitcoin,what is your prefer?
by
Jake Virus
on 26/09/2018, 14:24:45 UTC

I keep in my briefcase
Ethereum
ICON
Zilliqa
Quarkchain
IOTEX
NEO
WAVES

All projects are fundamentally strong. I think for a couple of years it's worth keeping them away.
I agree. I think holding for a couple more years will show which coin is the strongest and has most potential of making us rich. I also hold Ethereum and I believe it will have the most potential in future.
The fact is that the official has already shown his potential. Just think, almost 90% of all his companies create their coins based on the erc20 protocol. Proceeding from this, the etherium will be very much in demand with a coin.

Aside from bitcoin of course I preferred the second to the best cryptocurrency in the market and the best alternative crypto to bitcoin which is the Ethereum or ETH. I am firmed believer that this currency could also do great in the market.
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Topic
Board Altcoin Discussion
Re: I am most worried now
by
Jake Virus
on 26/09/2018, 14:09:13 UTC
There is nothing much to be worried about since what is happening in the market is plainly normal and benificial as  this may be the right time to invest eth. I would have to suggest that you should have to wait for the right time to do the trading for you may get what you would be expecting in return and let's be patient. The important thing is we should have to learn from our mistakes and don't fall back from the same mistake again.

It just a normal thing to feel especially when you’re dealing with the cryptocurrency world where price pump and dump happens most of the time. The thing is, you should never turn your worries in panic which could lead to panic selling. It could just worsen the situation and you could just have more losses.
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Topic
Board Archival
Re: Do you believe Crypto Currency is changing the world?
by
Jake Virus
on 26/09/2018, 14:01:12 UTC
Yes, right, I am very confident that crypto currencies will change the world, because currently many people around the world invest in it even though prices this year are weakening, but they know that crypto can provide tremendous benefits after prices increase.


What I believed in what the cryptocurrency could bring/benefit  to us is that it would help us out of our finances for it offers different ways such as investment, bounty campaigns, trading and etc. which we could use to earn money money and become profitable individuals.
Post
Topic
Board Altcoin Discussion
Re: Don't hold Bitcoin for long time.
by
Jake Virus
on 26/09/2018, 13:58:26 UTC
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .

After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.

This is possible, but when BCH dumps to zero because it is a scam perpetrated by fraudsters, you would then have zero BTC, zero BCH and zero USD. What then?
using Bitcoin in the short term is also very capable of generating substantial profits. so it's great to have Bitcoin for trading and any other business that can be done in the short term. such as trading is also able to be relied upon as a source of short-term profit Bitcoin. so not only in the long run to use Bitcoin.
In addition to holding the Bitcoin in the long run, making a profit with Bitcoin can be done by running the trading. the advantage that allows it to attain through trading is also quite high. because with the progress and development of the Bitcoin owned support for a much bigger advantage again in the future.

I somehow agree with the statement above. Well in my case I only hold bitcoin if it is necessary. For instance when the price is isn’t satisfactory enough for me to earn profit. When the time gets high again this is when I plan to sell out my tokens.
Post
Topic
Board Altcoin Discussion
Re: Bounty Campaign
by
Jake Virus
on 26/09/2018, 13:53:32 UTC
I think the Bounty Bounty campaign is about creating communities and advertising for the upcoming project. This is a good thing. If a project has no community involved then the project seems to fail. So the Bounty Bounty campaign is a very important start for a successful project.

Bounty campaigns is one way of making profit in cryptocurrency market. It gives crypto users an opportunity to earn money without having to invest. Time, effort, marketing strategy and etc. are the only things that must be invested to make a campaign successful.
Post
Topic
Board Speculation (Altcoins)
Re: MARKET IS RED AGAIN
by
Jake Virus
on 26/09/2018, 13:46:26 UTC
May be this year is the worst year for the crypto. market is very uncertain and no one knows the reason All we have is just a "hope" do you really believe that crypto will revive again.. i am losing hope now
I think the market would be recovering faster (as it was in May 2018), but sudden ban for ICO advertising from Facebook and same announcement by Google kind of worsened the situation, less people invested in crypto, than it could've been with proper promotion. Lots of projects failed, lots of ICO scammed and due to this people lost hope and stopped investing in promising projects. Which has lead to decline in the number of projects (we can see it even by the number of bounty/signature campaigns) and there isn't enough demand for price to increase. But along with this fact the rivalry is reducing, which will probably lead to new flurry of activity in crypto market soon.


It is just a normal thing in cryptocurrency world. It happens most of the time. The thing that we should do is to learn how to do the holding strategy so we would not experience more losses. Also to have a lot of patience whenever this situation occurs.
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Topic
Board Economics
Re: Can human stupidity affect the movement of the market?
by
Jake Virus
on 26/09/2018, 13:42:24 UTC
Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

of course media is the most effective way to influence people. and when most people (coin holders) are affected by the news they can panic sell / buy and of course this will affect the market. and most media also become a tool of government hegemony to the public. so that what is broadcast by the media is very influential on people. and we should not easily believe and be influenced by the media.


Yes I agree with this statement. Cryptocurrencies users are the ones who run the market. Their decisions affects the movement of the market that could better or worsen it.. For instance, human stupidity like their panic selling could contribute a lot to the price decline/downfall.
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Topic
Board Economics
Re: Why we must study Economics at University?
by
Jake Virus
on 26/09/2018, 13:27:37 UTC
Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?


It depends on the person if they really want to study on that kind of field. They will eventually pick the field they like and we need it. Since we can't just be an economic person for all of us. Won't we?
I hate econics, I remember getting failed mark in this subject but we need to study it well. We need this to understand the society and the economics growt and how it afffects our life especially to know financial activities and uses.

Economics is an essential subject in a curriculum. We should study economics so that we could become aware of what is happening in our economy and in our own lives as well. And of course for us to be able to handle our financial thingy economically.
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Board Economics
Re: What is the best Cryptocurrency to Invest?
by
Jake Virus
on 26/09/2018, 12:40:39 UTC
if someone asks me to invest in the best crypto I answer it is only bitcoin that is the best crypto investasik now. some countries and companies have received bitcoin
All people knows that bitcoin is the best crypto to invest but we should also look the future of ethereum and waves this two altcoins is now gaining more popularity in different countries, so it has a chance that there value will grow.
beside bitcoin, we should find another coins that has good potency like bitcoin have.moreover this coins still in cheap price , it could give us earn huge profit with small capital.
we must study the development of that coin, so get a cheap and potentially good price. at this time i suggest eth. where is a good coin and the price is very cheap for now. making it suitable for long-term investments

Well in my opinion I believed that the best cryptocurrency to invest with is the first  and top cryptocurrency which is the bitcoin. No matter how many cryptocurrencies popped in the market bitcoin  still remains its dominance among them all.
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Topic
Board Bitcoin Discussion
Re: DO PEOPLE STILL HAVE CONFIDENCE IN BITCOIN?
by
Jake Virus
on 26/09/2018, 12:30:37 UTC
Why are many disturbed about the  drop in the price of bitcoin  Cool. Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin.  Roll Eyes
I think yes, as I also believe in bitcoin, because when you know the process of using bitcoin or inserting money and releasing money, you will definitely addict to the use of bitcoin. because the use of bitcoin is much more than a job when making money.

Yes of course they do. A lot still keeping their faith on bitcoin no matter how bad the situation gets. Simply because they have confidence with what bitcoin could give to them,  which is the convenience, security and of course the opportunity to become profitable.
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Topic
Board Off-topic
Re: crypto in the present moment?
by
Jake Virus
on 19/09/2018, 12:52:39 UTC
hello guy!
I find that near people are always worried and afraid of the future of crypto, when we invest in the crypto market, we also know the market will fluctuate up and down and its risk, I think it is Often, most of us are going to HODL and buy more when they think it's touching bottom, there are some people selling them, I think that's the decision of you and no what wrong. WHY EVERYONE DOES NOT PATIENT AND BELIEVE IN YOURSELF IN YOUR DECISION? This is what is happening now because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic and wait for the green boom to return.

Some people just want to make quick profits. They want make 10x profits in just one night, and thats impossible dream. Cryptocurrency and bitcoin is new investment and i think we should able patient with our investment. Market always fluctuating and its normal because supply and demand. Holding our coin and plan to long term investment is good thing to do i think

Cryptocurrency at the moment is experiencing so much dump and the price is getting lower as time passes by. But we, crypto users should not lose hope no matter how bad the market situation is because it will probably recovers eventually.
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Topic
Board Off-topic
Re: Soon we would not need banks
by
Jake Virus
on 19/09/2018, 12:04:29 UTC
Despite what many people may think or hope, we are a looooooong way from the end of banks!

Crypto is still very much in its infancy. Yes there is lots of activity right now in the crypto scene, but theres a lot of crap needs to be flushed down the toilet first! Banks still play a very important role and i think will continue to do do for a long time yet- certainly in the western world where i am.

Also crypto has to appeal to the majority of people before any such statement could be made. At present- we are a long way off!

It might be the end of banks in some countries who have corrupt governments and/or currency that is hyperinflated, but thats not happening where i am and i don't envisage it anytime soon either.

I somehow disagree with the statement above. Many people are still not into the use of cryptocurrency. Some do not have the access such as the internet or smartphones/computers to be able to use it. I don’t think it could fully replace banking industry.
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Board Bitcoin Discussion
Re: What Frustrates You Most When Using Bitcoin?
by
Jake Virus
on 19/09/2018, 11:53:18 UTC
What puts me off when using bitcoin is the delay in transaction confirmation.
You know,  having to wait for days most at times for my transaction to be confirmed.
I think the confirmation will not be that long at this time, unless you insist on using a very cheap fee under the standard fee, of course you will receive your transaction within a few days, if you want to get a quick confirmation then use a default fee or more, then you will get fast transaction

this is always progressive according to the transaction traffic that occurs. but since the beginning of the year there is rarely a delay of more than 24 hours, at least I did not experience it, maybe the transaction nominal is too large and uses a standard fee, this occurs when transactions occur between markets because the wallet used by the exchange follows the queue of many users.

What frustrates me most when using bitcoin is its frequent price fluctuations. Price downfall is very high while price increase is minimal. I have to patiently wait for the price to become satisfactory for me to be able to earn a good to high income.
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Topic
Board Bitcoin Discussion
Re: High risk results to high rewards
by
Jake Virus
on 19/09/2018, 11:45:28 UTC
Yes I agree on that, risky transaction can also return a huge amount of profit one example is through investing, investing is quite risky but it is really also the most profitable if we are going to side as on it. I believe in investing and it's capability to give is a huge return but itvis also a risky types of gaining on the crypto feild.

Yes. We can say that one main example of a risky activity is investing because we all know that in this kind of strategy the risk is very high. But ofcourse if you are a intelligent kind of person you will first study the situation and backgroun of a person or company that you will be investing into. So that you make sure to have a legit investing. But of course high risk is giving high rewards yet sometimes high loss too.

Yes I believed with this statement. The higher the risk, the higher income in return. Unlike banking products and services for instance bank investment, which has  little risk compared to cryptocurrency investment but offers a very little profit in return.
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Board Bitcoin Discussion
Re: Is cryptocurrency so difficult to understand
by
Jake Virus
on 19/09/2018, 11:03:12 UTC
Their's is no difficult to understand if you are willing to study about cryptocurrency. I start here just read lot's about cryptocurrency and then i learn trading and investing all information about cryptocurrency you can find here in forum.

Well, as much as i admire your self sense of learning, i doubt it is applicable to the general public. Equating bitcoin as a currency is quite easy to understand specially if we simply talk about purchase and payments (although it still holds a substantial amount of explanation as to how bitcoin gained its value).

But dwelling deeper on investing and trading and its economy as a whole could never be learned easily. In fact, ask a layman to sign up on an exchange or better yet, simply create a bitcoin wallet on his own might prove to be a horrendous process without any guidance.

Emails are easier to start with. But, allow me to stress this, bitcoin can be learned, perhaps not as easy, but could definitely be learned and understood.

Actually cryptocurrency is not so difficult to understand, besides everything could be learn. With proper access such as internet, smartphones or computers along with your willingness it wouldn’t be hard for you to understand how does it works.
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Topic
Board Bitcoin Discussion
Re: Why Bitcoin isn't a legit currency.
by
Jake Virus
on 19/09/2018, 03:37:45 UTC
The existence of bitcoin is still pros and cons, many things must be understood and studied well. Indeed bitcoin has not become an official currency and it still has a mystery because not everyone knows about bitcoin especially to get it. Not all countries accept because they see unstable prices, anonymous users and also many things that are less acceptable by government regulations.

I think the reason why bitcoin isn’t a legit currency is because it is decentralised in nature where in no other third party including the government could control it. Bitcoin is not regulated by the government. Who will make something legal without having control in it. Well this is just my opinion.
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Topic
Board Bitcoin Discussion
Re: My sweet and bitter experience about bitcoin
by
Jake Virus
on 19/09/2018, 03:33:10 UTC
I can imagine that you first wanted to use crypto as a store of value, like most of us do.
But then greed took over in December, which is not necessary a bad thing.
However, you should not have traded your valuable coins to some random altcoins to reduce your loss.
Also if the answer to the first question was a store of value then you did not succeed your experiment,
because you did not keep it for a long time. Next time, decide what you want to accomplish with your investment
and stick to the plan.


Bitcoin price now isn’t that satisfactory and the market is experiencing continuous price decline. That is most of the time my bitter experience about bitcoin. But when the time the market recovers and bitcoin price goes a little higher I could feel the sweet victory.
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Topic
Board Bitcoin Discussion
Re: I LOVE PANIC SELLERS
by
Jake Virus
on 19/09/2018, 03:28:15 UTC
Maybe, it is not a perfect timing to buy when there is a panic selling. If you will based upon the technical analysis, once the support will be broken, there is a tendency that the support will become the resistance. Once you bought during a crash, you may loss a lot specially, if you during the first crash.

Aside from that, there are always good for being a panic seller than always hoping for the correction of the market. As I know that the market discounts everything, when the market is at the downtrend position, don't assume that it will break the top. Therefore, panic selling is also a safest way of trading.

Panic selling could distribute a lot to price dump. But one thing that make other people love panic sellers is that they’ll get the opposite to buy currencies at a low price which i think a good strategy. Imagine buying crypto at a low price and selling it at a high price. It’s a win win situation especially for buyers/holders.