Search content
Sort by

Showing 20 of 27 results by MichealKnightrider
Post
Topic
Board Bitcoin Discussion
Re: What should I do to get bitcoins?
by
MichealKnightrider
on 14/06/2016, 04:58:14 UTC
I'm holding bitcoin and will sell it for a expected price. But if bitcoin's value getting decrease, I might sell some of them rather I got loss more and more.
For bitcoin usage, I spend it with my brother and my friend. Because of me, they know Bitcoin.
Post
Topic
Board Speculation
Re: Stable Bitcoin Price
by
MichealKnightrider
on 14/06/2016, 04:53:14 UTC
I think for a stable price for 2 years, the actual price level is too low, or to high, as some already have pointed out. If Bitcoin's adoption grows, the price should rise.
But if it fails to do so, or a real competitor is about to emerge, then probably many "holders" will cash out and price should be lower.
Post
Topic
Board Trading Discussion
Re: I've got $20k to invest. Please recommend!
by
MichealKnightrider
on 14/06/2016, 04:47:24 UTC
buy $5k at bitcoin, then $5k at gold , then $5k at property, then use $5k for fun with your family Smiley
we must invest at some way dont focus at bitcoin only.

Bitcoin investment options are still way to risky, full of scams and you don't get much back anyways. You are better off sticking your coins in a cold storage, and enrolling into a signature campaign.
In this way, you don't risk anything, as you would by investing into some Bitcoin related business and you will earn the same amount of coins like you have invested and took a risk.
Post
Topic
Board Gambling discussion
Re: Gambling. Is It Wrong?
by
MichealKnightrider
on 14/06/2016, 04:40:29 UTC
That is why gambling is something logical and easy to explain. And if treat it not like magical solution for your money problems - because with that mindset you will have even bigger problems,
but rather  like hobby when you potentially can earn or lose some money.
And never go all in, unless you are fine with the negative outcome.
Post
Topic
Board Economics
Re: Big Crash coming
by
MichealKnightrider
on 14/06/2016, 04:37:48 UTC
Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.

The bitcoin price will skyrocket to over $10,000. However  bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.

The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.

definitely. Like Mike Maloney said in his video series, 2008 was just a threat of deflation and the real deflation will come much later. It's funny though to see how the house prices has again soared after the crisis.

Over investment kills, man. Can't overstate that.

It's being done all the time, but it's way too hard. You need coordination, and you need a big amount of BTc, that's why few people can pull it off.
Most of the people that actually manipulate prices are in private groups that are very secretive and are confirmed millionaires.

Post
Topic
Board Off-topic
Re: Why would customers use Bitcoins?
by
MichealKnightrider
on 14/06/2016, 04:33:09 UTC
Bitcoin is still not that stable compared to gold, and it is going to take a while before the price stabilizes,
the reason is the small number of bitcoin users and transactions.
It is not yet at the level in which it can be trusted as a stable currency, which favors those who are into trading, as the price can swing wildly in a matter of days.
Post
Topic
Board Gambling discussion
Re: How to quit Gambling for good?
by
MichealKnightrider
on 13/06/2016, 11:44:03 UTC
Gambling has has nothing to do with wrong or right! Many countries are supporting this industry, which can generate a lot of tax incomes for the gov!
Greedy is human's nature! Ppl want to get rich from it! Once they lose , they keep gambling to win back the loss! if they will , they keep gambling to win more. Then they end up losing more! The best to do is to avoid gambling!
Post
Topic
Board Speculation
Re: I'm dumping my bitcoins so you should
by
MichealKnightrider
on 13/06/2016, 11:22:15 UTC
Dumping will be now not the best thing that you can do and that is because we all now waiting for the right moment to sell our coin because it is now rising so that is really nice.
But of course it will be hard to know what will happen in the future but that is just the risk that you are taking.

I am glad I did not sell any bitocin. The price is going up now. I am make quite decent profit at the moment.
Selling or dumping of bitcoins now is not a good thing to do ,all we know that when bitcoin halving is not yet ends there will be a fluctuation and maybe a more continous rise of price .
Well its good for you to hold it until now.
The best choice for the moment hold until halving completed. but currently sells not so bad if you think you've got a big advantage, because it had previously bought under $500. is still very safe, if you hold until near halving, and after halving is the right choice to sell, before it happens big dump

Which is exactly what's happening right now... people don't believe in Bitcoin, they don't use Bitcoin as we envisioned, they don't want Bitcoin.
Face it, the only thing anyone holding bitcoin right now wants is getting rich in USD or whatever local fiat currency they use.
Post
Topic
Board Economics
Re: What is your best investment strategy?
by
MichealKnightrider
on 13/06/2016, 11:03:23 UTC
Something that I really recommend doing to anyone is to keep a reasonable buffer of savings for emergencies and invest anything you can basically spare to invest.
I try to save at least 10% of what I earn each month and I invest anything left over after living expenses and costs etc.
Post
Topic
Board Trading Discussion
Re: I want to buy bitcoins
by
MichealKnightrider
on 13/06/2016, 10:57:32 UTC
It's most likely a good investment. You just have to compare pros and cons. The main reason for buying should be the fact that it is a great technology and even its haters confirm it.
The world is just not ready for it yet. Also, it has reached a confirmed bottom in January and bounced back to somewhat stable price of $200. Most predictions say it will keep going up.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is dying?!
by
MichealKnightrider
on 06/06/2016, 13:02:39 UTC
I will say this directly to make things clear: Mike Hearn is an idiot who sold himself to the banks. It's as simple as that. If I recall correctly, they knew at that R3 conference (there's a video about it) that the negative blog post and article (from NY times) were coming. It was planned.

I dont think bitcoin is dying somehow.
In other words: He was spreading hyperbolic FUD. I remember the time when Bitcoin "required" 20 MB blocks or it was going to die, and yet here we are.

Mike Hearn's anger and disappointment probably got the better of him but this doesn't mean that his statements hold water right?
He has the same amount of credibility like Gavin does now. None that is.


For those that are reading this, watch the following video for a free laugh: Hitler finds out about Mike Hearn and the bitcoin dump.
I dont think it matters really but i dont think the coin will ever die and that is only because of the amount users he got. There are so many people who has bitcoins so dont be scared he would die because he cant.
Post
Topic
Board Beginners & Help
Re: Doubling Bitcoin?
by
MichealKnightrider
on 23/05/2016, 12:08:05 UTC
I'm sort of new to bitcoin, I've made a couple bucks already from visiting ad sites, doing faucets, etc, but is there any other way to earn easy cash? Anyone got any suggestions?
if the bitcoin is doubling there are many people who are selling their coins and if they are doing it the price will drop again. So don't do it to fast check for the right moment for selling your items.
Post
Topic
Board Gambling discussion
Re: How much can you earn with gambling?
by
MichealKnightrider
on 09/05/2016, 09:46:47 UTC
Gambling mean high risk profit yesterday i made decent profit from sports betting, all of my prediction was ended profitable but can't tell how much profit i can make daily with gambling, some time we can lost there so that is cycle of gambling.

But Sports Betting is still consider as gambling so I think it involves in your earning as gambling, and it is easy to win a bet in sports betting that is a fact because of a hint given by some analyst and the knowledge about a player or a team that consider a great strategy in betting in sports bet.
It is impossible to know what is going to happen with Bitcoin and that is because Bitcoin is a currency so you never know what is going to happen with the value of Bitcoin.
But it is also hard what you can earn with it and that is the problem.
Post
Topic
Board Gambling discussion
Re: Is their any safe methods to gamble?
by
MichealKnightrider
on 18/04/2016, 11:27:42 UTC
I do not think so the odds are just always against you when it comes to gambling. It is just a fact that people lose more money then that they win if they gamble. The chance is smaller for it to be the other way around.
Post
Topic
Board Gambling discussion
Re: Dutch League Prediction Thread (Eredivisie)
by
MichealKnightrider
on 31/03/2016, 12:53:07 UTC
Last Sunday Ajax has beaten PSV, because of that Ajax is now in first. There are eight games left to play in the competition.
I think Ajax will win the last of their eight games and end up winning the competition.   
Ajax have gained a huge confidence boost after the 2-0 victory against PSV. They will continue doing great the rest of the competition.
Next game is against Pec Zwolle it will be a great match, but Ajax will win.   
Post
Topic
Board Off-topic
Re: Are you buying bitcoins? Why?
by
MichealKnightrider
on 24/03/2016, 16:25:48 UTC
Its is very good that you are buying. But you need to be sure that you also must make some profit otherwise it is wasted.
But you must not buy it at a too high value, that will be not good. We will see what is going to happen with the value.
Post
Topic
Board Bitcoin Discussion
Re: What's your biggest problem with Bitcoin
by
MichealKnightrider
on 17/02/2016, 11:15:10 UTC
The biggest problem with Bitcoin is that it is so hard to predict when you must buy it or sell it.
I think that is a really hard choice to make we you going to sell it, there is a chance that after you sell it that it can be more worth later in the future.

Its true its really difficult to say what is gonna happen with it.
Of course the market of the bitcoin is unpredictable but that will change in the future.
Post
Topic
Board Bitcoin Discussion
Re: What's your biggest problem with Bitcoin
by
MichealKnightrider
on 10/02/2016, 10:42:00 UTC
My biggest problem is that the bitcoin is has a bad name on most of country's. Also the thing that you can not pay on many stores or websites with it, I hate it.

I think the same about that the bitcoin a bad name all over the world.
But criminals use all kind of payment methods so its not not true.
Post
Topic
Board Bitcoin Discussion
Re: Ever dreamed about Bitcoin?
by
MichealKnightrider
on 08/01/2016, 12:57:41 UTC
I haven't had a dream about bitcoin yet. But maybe I did and just forgot the moment I woke up.
I can understand why people would have dreams about bitcoin though. It's something that we think about a lot so
Post
Topic
Board Gambling discussion
Re: Gambling. Is It Wrong?
by
MichealKnightrider
on 23/12/2015, 15:57:57 UTC
I don't really know why people think that gambling is bad. Gambling is just a game with money.
The people who plays are the bad if they do something bad when they play it.