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Showing 20 of 46 results by Mespirst
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Board Marketplace
Re: about the price of cryptocurrency
by
Mespirst
on 15/10/2018, 11:33:50 UTC
In future, some other cryptocurrencies may come close to  bitcoin in terms of market size. What I am not sure of is whether this generation will witness such a development where another cryptocurrency will topple bitcoin. Bitcoin will reign for a very long time or maybe forever.
The future is hidden and only God knows what will happen in the future. We can just predict the future price and mostly our predictions become wrong because we don’t know how many people will enter and how many will quit, and the price depends upon the investment cap. The more the investment the high will be the price. It is simple and nothing complicated in it.
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Board Altcoin Discussion
Re: Creating New Coin or Invest in ICO
by
Mespirst
on 15/10/2018, 08:43:44 UTC
As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.
If we talk about risk then i won't chose ICO. I Just have a bad experience with ICO investment and all i gain lose and nothing. Its hard to recognize ICO all are well planned we can't even tell which one is real and which one is real.
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Topic
Board Economics
Re: You missed all the trains, not just bitcoin
by
Mespirst
on 15/10/2018, 07:50:20 UTC
I never complain about the past. There is no sense to do so, we should think about the future, and the opportunities, which life can bring us. And there will be opportunities, we just have to find some, and get on that "train"
I am agree with your point there still a lots of train that we're missing bitcoin is not the only when. But on the other side we can still to catch our train since bitcoin always gives us chance to become rich.
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Topic
Board Economics
Re: Do we need blockchain technology?
by
Mespirst
on 15/10/2018, 06:58:24 UTC
Blockchain technology is a revolutionary innovative technology that, if used correctly, can make positive changes in the economic sphere and trade relations.
Of course we need. Bitcoin and blockchain both are necessary for each other. Bitcoin is nothing without blockchain.  Its a new technology and  the future of banks.  
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Board Marketplace
Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE
by
Mespirst
on 11/10/2018, 12:31:08 UTC
if use you saving to invest. you should choose bitcoin market. buy now and hold until next year. maybe you can get rich.
In these days the price of bitcoin is very reasonable and you can buy bitcoin for your future. If you have patience and courage to bear any circumstances then you should invest in bitcoin. If you have trading experience, then it is much better and you can make handsome money in the future. Don’t be panic if you want to put your money in cryptocurrency.
It is good decision that you want to put your money in cryptocurrency. I really appreciate your courage, because cryptocurrency investment is very risky and you may lose your coins with one wrong decision. It is better to split your money in different coins. By this way you will be mentally relaxed and satisfied. If one coin downs other will go up and you will remain constant.
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Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
Mespirst
on 11/10/2018, 06:50:06 UTC
Looking at the chart in the long run, I see the value of Bitcoin still rising sharply. Accompanied by that its mass has dropped a lot. This shows that it will be very valuable in the future.
Also i saw some negative news again bitcoin and mostly people believe on these news and do panic sell. This should be stop because people will soon quit.
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Topic
Board Economics
Re: What would happen to banks?
by
Mespirst
on 10/10/2018, 07:12:49 UTC
I think the Banks will never die. it will just improve and maybe adapt the blockchain technology in their system. Banks will always find a ways to innovate and maybe we'll see that cryptocurrency and Banks will work together.

Traditional banks will exist always, and soon many of the crypto banks will appear. People think that their money can be in safety if they are held in these institutions.
well, of course they will still be popular. in the general public, of course the bank has always been the safest, and best, money store. so, I think that banks will always remain in use, even though cryptocurrency is becoming very popular.
in this case, bank is a partner of government, and i think the bank will always be there. although a new policy will emerge that regulates cryptocurrency. and at this time blockchain began to be implemented by banks

The bank will still exist, and people still choose the bank to save their money because so far, they don't have any problem with the banks itself. Although people and the government accepting cryptocurrency, the bank will give their services to all people, but there might be a new way for the banks to implement the blockchain to their system. And if the banks can collaborate with the blockchain, I think this will bring something new for the financial system because all the transaction recorded in the blockchain and the banks will be more secure.
I think banks got disappear since bitcoin gives a lot of features and more benefits than banks. Cryptocurrency are mostly using sending money world wide without paying highly fee where banks applied highly tax and people afraid to paying it.
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Topic
Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
Mespirst
on 09/10/2018, 10:15:23 UTC
For me to minimize the risk of loss is to divide up my investment capital for several assets, so if one of the assets has decreased, there are still other assets to recover my losses, In addition, I often share information with the crypto community and also always look for the latest news about my investment assets.
That is the simplest and best for us to decrease our risk.putting all of our asset in only one basket could make us lost all of our money it this portfolio suddenly down.
They thought bitcoin will be dead after this price. Bitcoin they forgot that bitcoin is volatile and its bitcoin nature to increase and decrease and this is the true running of bitcoins.
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Topic
Board Economics
Re: Government regulation on cryptocurrency, GOOD or BAD?
by
Mespirst
on 09/10/2018, 09:26:41 UTC
very much government got enough problem on their own. right now crypto posses a problem to most of them. regulation could keep crypto problem at bay for a moment before they decide to really deal with it.
Those government who banned the bitcoin they'll surly realize there mistake. Bitcoin is the future and if the government do not take and adapt it seriously then it will hurt them and their progress in long run.
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Topic
Board Economics
Re: Would a global disaster increase or decrease the Bitcoin value ?
by
Mespirst
on 09/10/2018, 07:50:55 UTC
If a global disaster occur. I think noone can ever use bitcoin. Because its a global disaster and all of us will be affected. So we all we need is hold our bitcoin. And we don't know if its price will increase or decrease.
Well are yet to experience any sort of global disaster so I will not give that verdict yet.But from what I know from history, is that in the face of global disasters, Gold is the only commodity who's value seems to increase.
Definitely global disaster will decrease the bitcoin value because at that time people would have no extra money to put in bitcoin and when bitcoin receives no investment the value will go down and so will be price. In time of disaster people would think only to save their selves and you are talking about the value of bitcoin. May there be no internet and no cryptocurrency.
It depends upon the nature of the disaster. If the internet is safe and it is like a global world war sort of emergency, then people will shift their money in bitcoins which is in fact better for the digital currencies as demand will further increase.
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Topic
Board Economics
Re: Bitcoin's High Volatility
by
Mespirst
on 08/10/2018, 10:45:53 UTC
bitcoin have a very high volatility. it is correct. and it is not only bitcoin but all crypto currencies have high volatility. that is why small investors can make huge profits investing in this market. that is why crypto market is a very good opportunity for us.
I am agree bitcoin the first decentralized cryptocurrency who launch  in 2009 giving good impact in crypto's market by showing its highly volatile feature. People make profit with this advantage.
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Topic
Board Economics
Re: How Long Crypto market will take to recover?
by
Mespirst
on 08/10/2018, 09:48:41 UTC
i dont think it will take too long. i was watching the market last year  as well. and i have witnessed how strong it could recover in a very short time period. it is again very possible to see such a recovery in the near future.

Do you thing the market can recover now with its current status? Or is it needs some good news to pump again? I think it really needs some manipulation again to rise the price.
I can't say anything nor other people can give you right answer. But the thing which can recover the market is spreading it More people use it more the chances generator to recover the market.
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Topic
Board Economics
Re: Economy in your country
by
Mespirst
on 08/10/2018, 08:39:56 UTC
Thus disclosed economic observer Faisal Basri, in a discussion at The Hermitage Hotel, Jakarta, Monday (16/10/2017).

"The world economy is really good, its Growth is up from 3.2% to 3.6% .Almost all countries were upgraded early last week by the IMF.The volume of trade also rose from 2.4% to 4.2% .Reuters twice fold, "he said.

"However, the improved world economy is not immediately impacted in Indonesia. There is a long time lapse compared to other countries," continued Faisal.

Furthermore, he said, in improving and encouraging economic growth of RI required two important things. That is from the banking side and the government itself.
the current value of the rupiah currency is meaningless with the international currency.
decreasing value.
My hopes of bitcoin can help the economy and increase revenue in my country.
I'm sure bitcoin is an alternative way to get a better economy.


I agree with you, now that the rupiah has lost its value against the US dollar, I have great hopes, that bitcoin and altcoin can help the economy in Indonesia.
Economy in my country is now better than before. Our new president is now looking to develop our country more and they want peoples taxes.
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Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
Mespirst
on 08/10/2018, 08:02:22 UTC
The intrest to this technology is always growing and volume will always raise depending on news and factors that rely to popularity of product the same tech work with bitcoin and currencies
Not only bitcoin volume is increasing but also bitcoin dominance is also increasing. This means people have more trust in bitcoins as compare to altcoins and they are investing more in bitcoin.
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Board Trading Discussion
Re: Day trade Vs HODL
by
Mespirst
on 08/10/2018, 06:53:22 UTC
Day Trading: Make a short profit and secure your finances every day.
Hold: make big profits but take a long time.
Depending on your choice, if the amount of investment you do not need is used, holding would be a better option.

For me Holding coins for a long time is not for me also some coins is already dumping it's price now and maybe your coin will get affected later.
I also try hold for long time and nothing happends until this year of 2018 When i see my funds lossing every day.
Mostly coins are of pump and dump nature and other moves on the news. After the pump and or then event completion the prices go down again, so I think its better to do day trading and book profit with up and down of coins.
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Topic
Board Gambling discussion
Re: Gambling addiction becomes more popular with young people over time
by
Mespirst
on 06/10/2018, 09:57:45 UTC
The shady businesses on the streets guarantee a profit. If one sells drugs on the street, he's guaranteed to make money. The case is not the same with gambling. You may or may not.

That is absolutely not true. People getting killed or injured by rival gangs while trying to sell drugs on the streets is a common thing. Your profit is not guaranteed at all. Where did you get that info?

We should be very careful in choosing words when speaking about such serious matters. Just imagine if young people were reading your lines, what conclusions they could draw from them?


He probably got it from TV series or just from the general idea that doing something illegal will give you money. I think it should be clarified that doing something like this will indeed give you money but only for a short time. The problem arises when you want to quit. Syndicates don't let you quit the game. Either you stay or they kill you so you won't expose them at some point. It's really risky to do. In addition, if you're in bad need of money for yourself or for your family, you're not going to risk going to jail because that will result to you not being able to do anything to help your family. There's still a lot of things that you can do since a lot of people don't want to do certain things.

In my country, the jail time for drug users, and sellers is a lifetime. Once you're caught, you're better off dead. You're never getting out.
The reason that young people are going towards gambling is online gambling because they want big money for their future dreams and in the greed of winning more and more money they lose all their money. Nobody can stop them because they can gamble from their bedrooms. Their parents even don’t know about their gambling addiction.
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Board Trading Discussion
Re: Auto Trading Websites
by
Mespirst
on 06/10/2018, 08:06:16 UTC
Last Year I tried to find some. But when I google that website I found most of the negative reviews. Then I stopped finding auto trading websites. I think it is hard to find the legal website. I think we don't go with it.BTW if someone confirms and share his experience it will be good for you
I have no trust on the auto trading websites and bots. I think these bots and auto trading will eventually be in a loss and can only give short profit and that too only on luck.
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Board Trading Discussion
Re: Can I daily earn 10%
by
Mespirst
on 06/10/2018, 07:24:33 UTC
You cant always have a positive day in trading. Sometimes you can get high profit like more than 25% in a token in 1 day and sometimes it may take more than a month to even reach 10%. Learn the basics and invest carefully.
Yeah you right, because not every day the coins you buy experience an increase price right? sometimes there will be a price reduction
on that day or another day. then I think will be better to use the target for sell, maybe 10% for every coin you buy, not 10% profit every day
Earning 10% daily in trading is not an easy task especially in this bearish market. If you know Day trading then you might want 10% daily but I will suggest to go for long term trading in this bearish season.
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Topic
Board Trading Discussion
Re: Is there a required amount before you start trading?
by
Mespirst
on 06/10/2018, 06:06:30 UTC
Just simple from me, I think, there is no amount needed before you start trading, but, you have to start with an amount that will allow you to make a profit and cover trading costs.
Yes.There is no required amount in trading but as what most people say the bigger the amount of trading,the higher the profit you will get.But it all depends on the strategy you are going to use.If you are really smart,you can make profit even with a small amount.I suggest to start trading with an amount you can afford to lose.
If you have not learnt and studied trading, before actually implementing it, you will lose the amount you invest,  regardless you have invested more or less.
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Board Marketplace
Re: Amazon accepting Bitcoin - What can go wrong?
by
Mespirst
on 05/10/2018, 07:56:00 UTC
I've just read an article about the accepting of bitcoin in amazon at first it is good and there are some people who uses bitcoin as mode of payment in amazon but time passes the amazon company are not getting more profit in using bitcoin and also the volatility of bitcoin is so high and their might be just get lost that is based on the article that i read.
Bitcoin volatility is one thing but it does not mean that Amazon abandons bitcoin and do not use it at all. As time passes by, the bitcoin value will be stable and more people will like digital currency.