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Showing 20 of 37 results by Neo_matrix
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Board Bitcoin Discussion
Re: Is Bitcoin digital gold or digital cash?
by
Neo_matrix
on 23/04/2017, 19:33:21 UTC
For me, bitcoin is both a payment system and a currency. This is a unique phenomenon. No single currency can be used that way. Many beatcoins are attracted precisely because they unite both of these phenomena
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Board Bitcoin Discussion
Re: Do you agree with idea "Bitcoin bank" ?
by
Neo_matrix
on 23/04/2017, 19:29:51 UTC
Bitcoin is an ideal system that is designed to do without the services of banks. Therefore, I do not understand why complicating this process. Bitcoin Bank will not bring anything for users except for extra costs and control
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Board Bitcoin Discussion
Re: How do you store your bitcoins?
by
Neo_matrix
on 23/04/2017, 19:23:26 UTC
I dont have that much, so i just store them on Exhange websites, like Bitstamp or Kraken. I also have MultiBit HD as a desktop walllet.

I also do not have a lot of coins, so I store them in the purse of the blockchain.info. I have not installed other wallets yet. All my assets are stored only in this wallet
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Board Bitcoin Discussion
Re: How many ways are there to earn bitcoins?
by
Neo_matrix
on 23/04/2017, 19:20:19 UTC
Trading
Gambling
Signature campaign
Twitter Campaign
Facebook Campaign
Giveaways
Faucets

Choose the one that best fits you and from where you can earn good amount of bitcoins. Faucets is just for a beginner as the results are not too favorable from it.

I agree with you. I also want to add MLM projects. This can be a very good way to earn bitcoins. However, some companies provide training
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Topic
Board Bitcoin Discussion
Re: Do you save bitcoin for fun or for future purpose?
by
Neo_matrix
on 23/04/2017, 19:14:38 UTC
For me, bitcoin is not entertainment but a serious investment. I keep bitcoins because the price keeps rising. I believe that this will continue for several more years
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Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Neo_matrix
on 20/04/2017, 19:52:43 UTC
No. Bitcoin can not be stable, because it is not controlled by anyone and depends only on user activity.
Is that what you think? In my own experience since i started use bitcoin in my daily transaction and see's what really happens on bitcoin i think 1 country had a full control of the price of bitcoin thats why the price decrease and increase that fast what do you think

Do you think that China controls the price of bitcoin?
Despite this, bitcoin is very unstable and we often see a fall and a price recovery.
But if the price becomes stable then bitcoin will lose popularity
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Topic
Board Economics
Re: Bitcoin price is recovering!
by
Neo_matrix
on 20/04/2017, 19:49:58 UTC
I am glad if there is any news about this bitcoin sooner or later the bitcoin price will soon rise high.
The price is already high but if there is a good news it will pump again. Actually I'm waiting also for some bad news because I  want
to buy more bitcoin when the weak hands will dump.

There are a lot of people who wished to make the price dump, just the othwr day, while the price is dumping a little they are waiting to drop more, though it didn't and they are really pissed that didn't buy that time, look at the price now, it is closing to $1300 again. I don't know the next dump, but if it did dump, you better buy some while you can.

Or you could buy anytime.
Sometimes it is now or never. There would be just regret if the price suddenly hikes. It happened before and it could happen again. Many of the people here didn't even know that it could happen. Anytime is a good time to buy. You will just need to think positively. The risk will always be there, it will never end. The courageous one will be the winner if ever it did rise too high and he bought even if it is at the expensive time.

I do not think that to buy a good any time. It is best to buy at a time when the price has fallen. And then a little put up and sell at a time when the price went up. And the price always goes up after the fall
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Board Economics
Re: If you were in desperate need for money....
by
Neo_matrix
on 20/04/2017, 19:48:01 UTC
If I urgently need money, then I will sell bitcoins. It's better than taking a loan from a bank or asking a friend. If there is not enough stocks of bitcoins, then I will sell some valuable item
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Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
Neo_matrix
on 20/04/2017, 19:45:59 UTC
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?
I think majority of the bitcoin fanatic are relying to this concept and believing  that someday they will become rich once bitcoin reach the highest peak price of bitcoin which is 10,000$ that's why many are holding bitcoin for a long time basis.
I don't think that Bitcoin is suited for a long term holding basis. Because right now in the first quearter of 2017 we saw how many times it drop from 1200$ to below 1000$, this kinds of price drops shows that Bitcoin is not a stable currency in which people need to take advantage of. If we have bought Bitcoin when it dropped at 700$ per Bitcoin during January by the first week of February we would have earned 500$ because it is priced at 1200$ during that month.

I disagree with you. Bitcoin is good to keep for several years. And those who bought it in 2014 were convinced of this. Now they multiplied their capital several times
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Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
Neo_matrix
on 20/04/2017, 19:43:34 UTC
Everyone hopes for the fantastic growth of bitcoin. Personally, I do not leave all the coins in my wallet, spend a part on myself and invest a small part in other currencies for confidence in my future.
Everyone should know how to face the risk and will never afraid to lose a bit. Well i do leave and hold my bitcoins from my wallet i don't spend or deposit then from investments i always do trading and gambling sometimes.

Correctly you do. I'm sure bitcoin deserves more than just spending it on gambling. This is an investment in the future. After a few years it will give us much more than now
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Board Economics
Re: The fiat-money bubble!
by
Neo_matrix
on 20/04/2017, 19:41:21 UTC
Fiat can not be a bubble. After all, thanks to the fiat, the economy of all countries functions. The national currency will always be supported by the government.
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Topic
Board Economics
Re: Is it better to save money or invest it?
by
Neo_matrix
on 20/04/2017, 19:35:14 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Investing online will help you to grow your money instantly,directing to bitcoins.Invest in bitcoins and invest on trading sites or any investment program you like and you can grow your money faster than storing in banks

Be careful on investment program especially those hyip or revenue share it will turns to scam and also there is no assurance in investing on bitcoins there are times you will lose also your money because of wrong prediction

Totally agree with you. You can lose a lot of money in HAYP. It's a game. And it is very important to get out of it in time. In general, money can not be stored. They need to spend on purchases. After all, money is not a goal
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Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
Neo_matrix
on 18/04/2017, 06:40:31 UTC
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

The benefits are simple, storing bitcoin is similar to store gold, you expect to profit from it and it is also an insurance if the whole economic system goes to hell and fiat becomes worthless, that day may happen and if that day comes you will be protected with bitcoin.

I agree with you. Just store bitcoin - it's profitable. This is understood by those who bought bitcoin several years ago. I bought my first bitcoin for $ 685. And even if I sell it now, I'll get a profit
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Board Economics
Re: panic selling
by
Neo_matrix
on 18/04/2017, 06:37:43 UTC
Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

We should not get panic and at that stage we should try to buy as many coins as possible by taking an advantage of price dip so that it can give us an opportunity to accumulate more number of coins at lower price and sell them when price goes higher in future.

For the bitcoin, when there is panic selling and the price drop a lot, I will buy more and have made some profits since.

There is a lot of whale that just waiting for the big dump so that they can bag more of it. There is no need to panic selling if you are just a small volume order because they are many backup out there that willing to support bitcoin. Don't treat bitcoin as regular cryto currency out there that has a very volatile price.
i am hopeful that their tricks will never be successful any more as people have no become more and more mature. they are now not going to sell their bitcoin in panic selling, i am sure that they will wait for the right time and will take the right decision about their bitcoins.

Many can not make the right decision. Especially beginners. They quickly succumb to panic. And they often make this mistake and sell bitcoins at a low price
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Topic
Board Economics
Re: how much do you earn with 25$ investment
by
Neo_matrix
on 18/04/2017, 06:35:35 UTC
hi
how much do you earn with 25$ investment, i started and this money doubled in 7 days.
i usually sell games and program license Smiley

chapter 1 of my e-book for free:http://uploadboy.com/e0d9fx71yi1x/634/pdf
I am looking to join a signature campaign soon. I am trying to get to a higher rank first though. That will earn me the most money. Right now, I am just doing some freelancing work to earn me Bitcoin. I have been trading some altcoin on yobit and I have doubled the money I put it. I went from 30 to 60 dollars in just a couple of days. Really happy with that.
It is alright if you don't have a high rank account for signature campaigns because it enables you to explore the possible ways of earning money and not just on  signature campaign. If i were you i will just stick in trading because it is very easy to earn money in that and not on signature campaign which can be a hassle work for us.

But start trading with 25 dollars a little. It will be a long time before we get to earn a large sum of money. This if you do not take into account the fact that in trade you can lose everything
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Board Economics
Re: How to teach kids about Bitcoin?
by
Neo_matrix
on 18/04/2017, 06:33:07 UTC
I think in teaching kids about bitcoin, you should start with a basic.But I believe that computers has a big help for the learning of the kids about bitcoin.Wherein they can create an application regarding the teaching of bitcoin for the kids.
Computer is one of the requirements for a teacher and to the student (kids) because if they don't have computers and they are just like lecturing by writing and discussing without the actual process then it will be hard for the kids to understand how bitcoin actually work because they are lacking in actual experience.

Yes, children very quickly master the computer. Therefore, they will be able to understand what bitcoin is. I'm not talking about the details. But in general they may have an idea of this
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Topic
Board Economics
Re: Difference of Trading and Investing?
by
Neo_matrix
on 18/04/2017, 06:10:37 UTC
I do not understand how you can compare these two activities at all. They are completely different. In them, only the fact that in the end we get money. Well, or we want to get money, but we get losses)
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Board Economics
Re: Bitcoin or gold?
by
Neo_matrix
on 18/04/2017, 06:09:04 UTC
I don't have any gold or Bitcoins in my possession, as I am facing a lot of financial difficulties right now. I was born in to a poor family, and my parents could never afford any gold. But for me, the priorities are clear. I prefer BTC to gold.

I don't have gold too. And with your situation I'm sure that bitcoin will be the answer to your poverty but you need to work hard for it so that you can collect a lot of bitcoins and you can now have enough at your possession. I also prefer bitcoin for now but before, I prefer to have both but I don't have gold until now.

I agree with you - it is easy to solve the problem of poverty if you act actively. I do not have gold now. Almost all of my assets I store in Bitcoin
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Board Economics
Re: Make money from money
by
Neo_matrix
on 18/04/2017, 06:07:01 UTC
What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?

What are the factors that make these people successful in their investments?
Hmm i think best traits a investor should have is having patience in all investments he goes into,it will take real time to make money from your investment so you have to wait,every investor must be a risk taker in any investment.And all investor must have positive mindset

In addition to patience, you need to have analytical skills. The investor should be able to think and analyze the reliability of the project. It is very important. Often newcomers simply choose a high-income project.
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Board Off-topic
Re: How i get 10000 $ in one year ? (seriously)
by
Neo_matrix
on 14/04/2017, 19:10:37 UTC
Depends on the country you are from, but from my perspective this would be almost impossibe. On the other hand if you have very good paid job and some funds to invest and you don't need to spend much then it's possible.
Depending on you're country this is far from impossible. Here in the US you'd be living on the street if you could only get 10K a year. It really varies from country to country.

I agree with you. But everyone has the opportunity to earn on the Internet. And here there are no borders. The main thing is a person's desire to make life better.