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Showing 20 of 35 results by Lotermity91
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Topic
Board Trading Discussion
Re: are you now afraid to save bitcoin until December 2018
by
Lotermity91
on 12/12/2018, 07:56:46 UTC
I am sure its will rise again, not much, but i think will be enough, i already sold some of mine, but i keep more for next.
This december or next year december im still sure the bitcoin will rise again like in 2018, just remember the past two "four-years cycle" of bitcoin.
I think it will raise no doubt about that but all the speculations about the rise of the coins till December have gone wrong and now we know that the recovery is possible only when we have a harmony among the market forces.
Post
Topic
Board Speculation (Altcoins)
Re: What is the current situation of the crypto market now?
by
Lotermity91
on 11/12/2018, 07:46:31 UTC
The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.


yep, i agree with you, this years the bull will not come
thats why i believe next years is the right time,,
i think a lot of good news will coming to crypto world next year,,
so, this will make the bull come back to crypto industries my friend
If there not seems any bull market then we have to not leave it alone by selling the coins which we hold. In this market the price drop only when we start to sell our coins if we will not sell then the price will not drop so we have to support to at least keep the price stable.
Post
Topic
Board Economics
Re: Who will be the first country to own Bitcoin reserves and publicly display them?
by
Lotermity91
on 08/12/2018, 11:38:37 UTC
We cannot expect any country to have bitcoin as reserves as bitcoin prices are not stable yet. Probably once bitcoin will be achieving stable value, it may happen. But I'm not seeing that to happen in any near future. It may take century of time. Gold is having relatively stable price that is the core reason why countries are having it as primary reserve.
Post
Topic
Board Altcoin Discussion
Re: Is it possible to Google to have their own coin ?
by
Lotermity91
on 07/12/2018, 08:03:35 UTC
The cryptocurrency is a product derived from the blockchain. Ethereum has promoted the production of cryptocurrencies, so I think Google can do this kind of work easily!
But google not did not because of that reason. They said clearly in their statement that they are not against the cryptocurrencies but the actually cannot filter the scammers in the crypto currencies that is why they are going to ban. But I think it is now allowed as we can see advertisements of cryptocurrencies on google.
Post
Topic
Board Altcoin Discussion
Re: Invest Now!!!
by
Lotermity91
on 06/12/2018, 11:07:44 UTC
I don't think it adviceable to invest in any coins now including bitcoin and altcoin, because market is going to crashing point so don't let us lose money.
You have to think for the long term as in the long term if we look then it is the time when the coins are in bottom and for get about the fluctuations, After a long time all of the coins will start to rise in value when the market will be better. So to invest now is a best planning.
Post
Topic
Board Economics
Re: Banks must adopt new technologies to survive an ongoing “extinction phase”
by
Lotermity91
on 24/11/2018, 09:35:15 UTC
Technology is changing the development of mankind!
Financial technology is accelerating the change of the financial ecology and business model of traditional banks!
The bank combines customer needs with technology applications to create a modern bank that is steadily operating and innovative, and better serve customers!
Yeah, our lives are getting changed in a different way. Our systems are getting upgraded, the manual work is continuously getting over by automation. Hence, time will change this currency too.
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Topic
Board Economics
Re: What should I choose
by
Lotermity91
on 24/11/2018, 06:12:03 UTC
if there really is large capital and there are two choices like you between investing in crypto and opening a real business, then I prefer real business. because even though the real business is more profitable in my opinion, even though it also has the same risk as crypto investment.
If I would be at your place I will chose both. To divide my income in two portions and then allot one to bitcoin and other too real business. Both have their own pros and cons so better check both.
Post
Topic
Board Economics
Re: Bank of America will help large financial institutions to store cryptocurrency
by
Lotermity91
on 24/11/2018, 05:11:15 UTC
The industries are awakening...

It was finally time, you can no longer ignore the huge white elephant in the room!!!
Exactly this is happening finally. Not just the bank of America but some other countries have also proposed policies about their own central bank for crypto currency that will help the economy shift to the new system.
Post
Topic
Board Speculation
Re: Bitcoin will return $1500?
by
Lotermity91
on 22/11/2018, 09:56:14 UTC
We couldn't really tell but we hope that it wouldn't get that low again.
I hope that there would be something to turn this around and pump the price up again.
I am sure it will not get low again. In addition, since the values for many good crypto currencies are down so you have chance and opportunity to make more money which is to say that the margin of the profit will be high when you cash it.
Post
Topic
Board Economics
Re: IMF chief is in support of crypto. Keep holding
by
Lotermity91
on 22/11/2018, 06:49:19 UTC
It is good to see someone with authority in support of crypto. We just need some more encouragement from influential people and this will together boost the prices of crypto.

I am holding all the coins currently because I do not think that it makes sense in selling in loss. The market is uneven but it will correct soon.
And authority like IMF that is totally about money coming and going. And yes, keep holding, for the good time is just about to come. In next month probably, we might be seeing good charismatic actions.
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Topic
Board Speculation
Re: What's your plan for the next bull-bear cycle?
by
Lotermity91
on 21/11/2018, 10:19:47 UTC
My plan is not really that great but it doesn't need to be as long as it gives profits, but what I'm trying to do is that I really believe that we are going to see a small correction in the price of most altcoins and I'm trying to catch that moment, if I'm right and that correction happens I will obtain some nice profits and then I will just sell those coins, buy bitcoin again and then hold it.
The plan is to make use of the current down value by investing in the coins which are available at low value and which could make you big money if they are traded in the green market. In addition, the cost of making a diverse portfolio would make the market easier to invest.
Post
Topic
Board Economics
Re: Economy going up and up everyday
by
Lotermity91
on 21/11/2018, 07:40:15 UTC
Globally, the economy is not improving. It has become really much better in most of the developed countries that are located in Europe, and North America.

There is a crisis in many countries. I do not think that the economy of most of the countries is improving. The life level of billions is still very low - people are trying to survive under these conditions simply.
So this is what everyone who is in the market want. The rise and revival of the economy, particular the crypto economy from which so many people are expecting big outputs. Rise in the market will no doubt help the investors make more money.
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Topic
Board Economics
Re: What would be the possible impact of BTC in the economy of a country?
by
Lotermity91
on 20/11/2018, 09:36:31 UTC
Actually btc have very big potential to improve country economy, online shop will be able to save more profit if they use bitcoin. Use paypal is not good for them because there are many restrictions and limitations. country which has so many people who still unbanked, bitcoin can be a good solutions for their citizens Transactions.
Each online store will get a profit if the price of bitcoin increases, bitcoin is different from fiat currency which only has a small volatility even rarely. When bitcoin has increased they can immediately exchange to money fiat, so as every online shop can buy goods using money fiat with large quantities. However, if the price of bitcoin decreases, they won't get profit from this condition, even more everyone can seek a way by exchanging money fiat against bitcoin with a little fiat money and then getting a lot of bitcoin so they can buy as many items as they want. Each merchant will thinking a long when they receive payments with bitcoin if the price of bitcoin is still volatile.
Like individuals, every single business would get equal benefit from bitcoin as well. Like in restaurants and shopping malls and every business entity if accepts bitcoin, it will likely to get huge profits.
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Topic
Board Economics
Re: Blockchain will help Economy.
by
Lotermity91
on 20/11/2018, 08:08:56 UTC
For me blockchain will help economy for transactions is transparent to everyone. It could prevent any corruption for any company or businesses.
It will help economy in terms of reducing the cost and cost reduced is equal to money saved is equal to money earned which give rise to growth in the economy which is the best in the interest of a country.

Post
Topic
Board Economics
Re: What is the problem of trust in projects?
by
Lotermity91
on 17/11/2018, 07:49:33 UTC
the research you do is true, when a team is developing a project, sometimes they don't think about the funds they have to develop the project. and not everyone also buys tokens to help ico's success. the problem is very basic and must be revised immediately for mutual benefit.
I think that it depends on ICO that if one is having a good project, people will invest but this is no doubt a risky investment. Just due to this risk in investment people do not invest in ICOs and this is why ICO do not succeed.

Post
Topic
Board Economics
Re: Economic crash in 2019!
by
Lotermity91
on 17/11/2018, 07:00:02 UTC
Predictions, predictions everywhere. Predicting things doesn't mean it will happen in the future. Also, an economic crash is just far away from happening. But IF that really happens. I would just invest in stock who crashed and has potential to grow and a portion in Bitcoin.
We need to understand at predicting things doesn’t mean you would have good numbers ahead. The reality still be the reality. You can’t change it. Rather leave it and start practicing.
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Topic
Board Trading Discussion
Re: Centralized vs Decentralized Exchanges - Which ones are better?
by
Lotermity91
on 16/11/2018, 08:11:07 UTC
More and more Decentralized Exchanges are popping up, but are they really what they are hyped up to be?
https://www.youtube.com/watch?v=d-xA7p9NbdI

I think the concept is great, but at the moment they are really hard to use because of constant downtimes especially on IDEX and EtherDelta. What are your thoughts on this?


That depends on you who is making of it. If you feel that what you need is a centralized exchange then you can go for it,but remember that they are the ones that are regulated but they seem to be more safe than the ones that are decentralized. The both has their advantage and disadvantage,there are features you might find in decentralized exchange but won’t find it in centralized .
Post
Topic
Board Trading Discussion
Re: What is margin trading?
by
Lotermity91
on 16/11/2018, 06:55:02 UTC
Please, keep in mind that margin trading is not suited for beginners. You should have at least several months of trading experience before attempting to margin trade.
Exactly I am in this favor. No newbie should start margin trading. and like you have said, first make trading experience. Join some demo trading platforms. Try it practically and then get in here.
Post
Topic
Board Speculation
Re: will the beginning of 2019 btc rise?
by
Lotermity91
on 16/11/2018, 06:20:25 UTC
I've seen so many topics around speculating whether bitcoin is going to rise this year or next year. Similar posts are asking if when will be the next bull run starts. To sum it up, are they really worried about bitcoin's status? If they really know exactly what bitcoin and how it behaves, then maybe they could not ask for it.
Amazingly answered yes. If these people know exactly what bitcoin they would have all their questions answered. Bitcoin behaves like this and it will let you down, nor it had done before.
Post
Topic
Board Economics
Re: Economic crash in 2019!
by
Lotermity91
on 13/11/2018, 12:08:25 UTC
Economic crisis always happen and maybe happen in 2019. The sign is already happen. In many country, commodities price already rising and most market in red. Hopely crisis not happen because many peoples will suffering
Right, I guess we are beginning to see the signs and even in my own country, this is something that has been a norm as there has been a huge inflation and pretty down economy for a while now.

This was the reason why I got to even rely more on bitcoin and it has really worked out pretty fine for me I must say. Personally, I have lost trust in fiat, in the government and in the banking system and all their economic policies that have ruined everything and it is a good thing there is an alternative, which is what matters most to me.