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Showing 20 of 88 results by Maxsumi
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Board Bitcoin Discussion
Re: How to Become A Bitcoin Expert
by
Maxsumi
on 02/10/2017, 07:48:09 UTC
Quote from: josephpogi on September 04, 2017, 04:02:10 AM
Quote from: FlightyPouch on August 28, 2017, 12:53:15 PM
Quote from: Cyberczar on August 28, 2017, 12:34:52 PM
Hello, I've been hovering around bitcoin for months and I want to become an expert in it. What resources are available and what steps can I take to know all there is to know about bitcoin and possibly reproduce the technology involved.
Thank you.

This is a forum so it is obvious that you just need to read all you can here. You can't just start in a complicated way of understanding since you are new here, maybe some sites like Bitcoin.com can help you out. Researching is a best way to start a learning.
Nice me too as a newbie i didnt read complicated discussion
. so thanks for the adivice i will read in bitcoin.com now to learn all about and  i hope ill becomr pro like others and i hope i will earn a lot of bitcoin in future.
To be master in the bitcoin world, not simply to comprehend what bitcoin is, and simply be an abundance seeker in this gathering, yet in addition need to do things like altcoin exchanging, mining, put resources into ico venture, things must be scholarly on the off chance that you need to be a specialist in bitcoin world
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Topic
Board Bitcoin Discussion
Re: What do you think are the biggest disadvantages of Bitcoin?
by
Maxsumi
on 02/10/2017, 07:45:41 UTC
The primary disservice is the time taken for the affirmation of exchange. Step by step, time taken for affirmation is increasing.Another detriment is the precariousness and high variance in bitcoin price.For that reason, significant organizations abstain from tolerating bitcoin as installment. Indeed, even though,bitcoin is called as decentralized cash, china has a little control over bitcoin cost as it holds more bitcoins and more bitcoins are mined there. It is additionally a burden.
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Topic
Board Bitcoin Discussion
Re: Will Bitcoin Die Because of China?
by
Maxsumi
on 25/09/2017, 07:57:11 UTC
Quote from: btcholder on September 21, 2017, 05:22:36 PM
I don't think so. It's true that China have a huge marketplace for crypto currency. But bitcoin will not die for China. There are many country whome like bitcoin. Like Russia, Europe union, India, Australia etc. So don't worry for China.

I agree, because bitcoin is not a currency that would die because 1 country bans bitcoins. Bitcoin will keep rising and eventually china will accept that bitcoin is needed in their business and that is when bitcoin will grow a lot faster than anything else.
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Topic
Board Economics
Re: Mental barrier stops from buying BTC
by
Maxsumi
on 25/09/2017, 07:54:36 UTC
I have not faced such a weird situation yet because I believe that Bitcoin will give exponential growth in the long term. So these short term prices and volatility is absolutely nothing considering that long term gain. The case is same in trading too, you have to deal with your emotions in order to have a rational approach towards your investment and the market behavior.
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Topic
Board Bitcoin Discussion
Re: can bitcoin wallet be hacked by hackers?
by
Maxsumi
on 25/09/2017, 07:52:01 UTC
Quote from: Zrs on September 25, 2017, 07:15:57 AM
Its 100% possible to hack your bitcoin wallet. But you if awere of it and take some precaution, the change of hacking almost zero.There are many ways hacker use to hack. one of them is phishing.You have to concious about it.We you open any wallet, check theck the url.don't be greedy to see any offer like "0.5 btc within 15 minutes ".If your wallet have 2 way authentication, don't be lazy to implement it.

Everything is possible but not everything works. You cant hack someones bitcoin wallet easily and get away with it like its nothing. But i suggest to put your coins in some other wallets as well so that if 1 gets hacked you still have coins left.
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Topic
Board Economics
Re: Moment for buying or selling?
by
Maxsumi
on 18/09/2017, 08:41:18 UTC
I would just sell all your coins when bitcoins hit 5000 dollars, and then you could just invest once more again. You can buy bitcoin when bitcoin is falling like a few days ago bitcoin was falling hard.

This was the time for to buy a lot of bitcoins. Now as you can see bitcoin is rising you lost your chance to make more profit from bitcoin.
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Topic
Board Economics
Re: Maybe governments can stop bitcoin after all
by
Maxsumi
on 18/09/2017, 08:38:55 UTC
Yes of course they can stop it. If they will ban bitcoin all over the world. Bitcoin would not stand a chance maybe a few years, and then it will lose all its value. Then other coins will rise up and take up Bitcoins place. Litecoin and eth are for me the best altcoins.
Post
Topic
Board Speculation (Altcoins)
Re: ETH - will it go lower
by
Maxsumi
on 18/09/2017, 08:36:40 UTC
I think it would go higher, because now blockchain are supporting it also. So you can now buy bitcoin safe with ETH. That means that there are people who wants to make ETH bigger.

Most of the people think that eth will be like btc. I think of that also eth will rise up like btc did.



Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
Maxsumi
on 18/09/2017, 08:33:31 UTC
Quote from: doublemore on October 29, 2015, 09:04:54 AM
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Why not? The money is all yours you have earned. So you are allowed to buy a house with it, but you need to look at your country's law. In my country when you are withdrawing money to euros you need to pay taxes if you don't you could get a huge fine. So most people are just paying these tax in order to use bitcoin.
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Topic
Board Bitcoin Discussion
Re: How did you first hear about bitcoin?
by
Maxsumi
on 18/09/2017, 08:30:57 UTC
I heard it from a close friend he said that the was making money from bitcoin and that you are anonymous. So after that Im also using bitcoin now. I have seen that its a online valuta. It is for me much better than the banks, because bitcoin is unstable it is nearly always going up. Few days ago it was very hard falling, but i knew that bitcoin would rise one more again.
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Topic
Board Bitcoin Discussion
Re: Which one will you used?
by
Maxsumi
on 09/03/2017, 09:44:08 UTC
Quote from: xuan87 on March 07, 2017, 11:32:52 AM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?
I would use the Bitcoin as a way to pay in shops. It is a great way to use The Bitcoin, and more people will join BTC, because you can now pay with it.

If this happens then more and more shops will do it because they don't want to be left behind by other stores.
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Topic
Board Announcements (Altcoins)
Re: RISE | Under Construction
by
Maxsumi
on 27/02/2017, 14:25:44 UTC
Quote from: McVenture on February 27, 2017, 01:31:34 PM
Quote from: madjihad on February 27, 2017, 01:20:27 PM
are the rumours true ?
did you move the premine to trex ?

It's not a rumor. The Rise dev fund is currently in a Bittrex account and being moved to a permanent Rise wallet address for everyone to monitor. Rise address will be published here.





Why are you acting that this is normal?
Rise store their own funds on bittrex? Not a own node/wallet?

Everybody knows why you guys stored you coins there... You wanted to dump those bogus coins..

I remember that in the start there was also heavy dumping. Even under the ICO price.. So that were you guys.

Luckily bittrex stores the logs
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Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Maxsumi
on 21/02/2017, 14:01:24 UTC
Quote from: Huobi-USD on July 29, 2015, 07:13:36 AM
Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

I don't think that the government will let the Bitcoin replace the dollar.
The Bitcoin will stay an crypto-currency but I think that it will be main stream over 15 years.
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Board Service Discussion
Re: Cheapest Bitcoin VPS hosting list
by
Maxsumi
on 11/01/2017, 18:24:25 UTC
Quote from: veleten on February 12, 2016, 06:12:12 PM
If you Google :cheapest VPS offers,cheap VPS or something similar
I am sure you will have a good list yourself.Do not be lazy!

Indeed this is easily done and can really provide you some good offers and if you are using a bitcoin keyword its even more easy..
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Board Gambling discussion
Re: Everyone looses in the long run
by
Maxsumi
on 11/01/2017, 18:19:58 UTC
Everyone indeed looses on the long run and this is because gambling is not made for profit, its just to let you enjoy it and try out your luck sometimes.
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Topic
Board Marketplace
Re: What Computer Games You Wish to Buy with BTC cheaper?
by
Maxsumi
on 11/01/2017, 18:16:44 UTC
Quote from: Orange Mango on January 11, 2017, 02:03:13 AM
Blizzard games. Battlefield. Star wars battle front. Elder scrolls online.

Indeed Battlefield would be nice and Fifa 17 would also be nice to buy cheap with my bitcoins.
Post
Topic
Board Speculation
Re: Bitcoin Can Hit $2K ?
by
Maxsumi
on 11/01/2017, 18:09:25 UTC
The bitcoin can indeed hit 2k but it would take patience and time for sure, we just need more time to do this and I doubt if it can reach this number this year.
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin overcome Paypal?
by
Maxsumi
on 11/01/2017, 17:33:09 UTC
Quote from: webtricks on January 11, 2017, 03:20:48 PM
Yes! Bitcoin can easily overcome Paypal.
Maximum 5-6 years!
The main reasons-
1. Paypal has very high fees. Whereas Bitcoin has negligible fee.
2. Paypal has several terms and conditions, Bitcoin is purely based on concept of decentralisation!


Yes this is possible for sure, I think that it can cross over paypal within some time for sure but we just need some patient.
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Topic
Board Service Discussion
Re: Doubling bitcoins???
by
Maxsumi
on 05/01/2017, 01:14:14 UTC
I right now doubled my bitcoin worth, I bought when it was around the 480 dollar and I now doubled it, its just that you need patience to gain money so doubling bitcoins be done but you just need to be patient.
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Topic
Board Marketplace
Re: How to make 1 bitcoin in a month or 2?
by
Maxsumi
on 05/01/2017, 01:06:55 UTC
There are multiple options but one of the best is by just doing some campaigns and trade in altcoins to gain this amounts.