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Showing 20 of 21 results by Nurshazwani
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Board Bitcoin Discussion
Re: How does Bitcoin affect other Crypto?
by
Nurshazwani
on 24/10/2018, 02:40:09 UTC
The reason for this question will be because BitCoin is the first crypto and the most popular one among the crypto community. So when confidence is shown in it, there's carry over the other cryptos. With decentralized exchanges and the massive success of ICO's, I think this is the beginning for BitCoin, blockchain and other coins.
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Board Bitcoin Discussion
Re: Three things you should not do when Bitcoin prices drop!
by
Nurshazwani
on 24/10/2018, 02:25:51 UTC
Trading or investing in the Crypto market is a psychological battle for yourself. Securities investors often say that investing in traditional markets requires very high disciplinary action. This demonstrates how they will control themselves for the volatility of the market. How can they eliminate the wrong decisions that most people still make and adhere to the strategies they have set.
If traditional markets require discipline, the Crypto market requires resilience and a sense of steel. The Crypto market has tremendous fluctuations in comparison to other markets in the world, in this market the preparation of emotions and keeping a cool head for a trader requires a lot of practice.
Here are the things you need to remember and when you need the best psychology for a Trader to cope with market fluctuations.
Do not try to catch the right market!
If you are really lucky to have a source of money to invest in when the market goes down, it can be a good time to start making money. Many people keep thinking about adjusting the market as a "Flash Sales", and always try to think of getting the bottom right of Bitcoin to make the most profit, but then you will notice the bottom of the day. this is the peak of tomorrow.
When you look at price charts, look at the price of coin straight into the pit, you ask yourself when it will stop the price drop? You are catching yourself to catch the bottom of this rebate. Getting the bottom means you are trying to trade in a bottom of a downtrend trend. It must be emphasized that it is really difficult to get the bottom right in a downward trend, which is just like posting a knife with a high velocity.
If you still insist on capturing the bottom of the rebate, you are missing out on a lot of better earning opportunities. There may be times when the secret is simply "ONLY, ONLY AND ONLY" until you have identified a trend reversal of the market. Many people lose more when they keep their view on having the most profit when they catch the bottom. From time to time, you intend to place orders when thinking that the current price is closer to the bottom of the market than waiting to determine the right trend.
Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.
Do not stare at the Chart all day!
Those who have just entered the market, will spend a lot of time to "charting". Looking back, if you are honest with yourself, how much time you wasted. You spend a lot of time learning and learning the knowledge and application, but also spend a lot of time aimlessly to look forever into the computer screen with the red blue.
Sometimes the best thing you can do is to put a little order, walk scattered, trust the strategy you set, and remember "IF YOU DO NOT COME BACK TO YOUR STRATEGY, YOU ARE SURFING IN THE MARKET "

Thanks for the advice and the other thing is to keep calm and don't panic because there could be an argument made by both seller and buyer
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Topic
Board Bitcoin Discussion
Re: Social Media to Crypto
by
Nurshazwani
on 24/10/2018, 02:09:20 UTC
I think Social Media has had an impact on a variety of industries worldwide and its influence over what content we view grows every day. However, when it comes to Cryptocurrency, there is a special relationship with Social Media that has shaped the way in which Cryptocurrency has grown almost from its inception. Many different forms of Social Media from discussion forums to the latest and sites like Facebook, Twitter, Slack, and Telegram have helped to spread that idea.
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Board Bitcoin Discussion
Re: what is the difference between staking and mining???
by
Nurshazwani
on 23/10/2018, 03:47:00 UTC
So basically, staking uses little resources when compared to mining so this means less electricity consumption and no need for extra machines to participate in staking.
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Board Bitcoin Discussion
Re: 10 Real places where you can spend your Bitcoins today
by
Nurshazwani
on 23/10/2018, 02:50:29 UTC
Ok so you have converted all your fiat curency into Bitcoin. Now you might be asking What actually can you buy with Bitcoin? shot answer is almost everything.
List of online stores and shops accepting Bitcoin is increasing day by day. Here is list 10 online places where you use your Bitcoin.



1. Buy apps, games and more for Windows or Windows Phone from Microsoft using you Bitcoins https://www.microsoft.com/en-us/store/b/home

2. Buy yourself a mattress, GhostBed online mattress retailer is accepting bitcoins. https://www.ghostbed.com

3. Overstock.com, Inc. is an American internet retailer here you can buy any thing from Furniture, Jewelry, Cloths,Shoe to any house hold itemshttps://www.overstock.com/

4. You can buy Gold Coins, Silver Bullion or any other precious metals like Platinum and Coopper at  https://www.jmbullion.com

5. Book your next flight or hotel using your bitcoins at Expedia.com or CheapAir.com

6. Need some hemp oil handmade soap? buy it here using bitcoins http://www.bitsoaps.com

7. Are you hungry? Why not order a pizza or two in exchange for bitcoins at http://pizzaforcoins.com/

8. Crescent Tide Funeral & Cremation is a funeral service provider now accepts payments in bitcoin http://www.crescenttide.com/

9. Perhaps the most rewarding way to spend your bitcoins is by paying it forward. This charity https://www.heifer.org and Wikimedia Foundation accepts donations in Bitcoin 

10. Finally here is website with a comprehensive lists of products where you can spend your bitcoins? this http://spendbitcoins.com/



Feelfee to add your comments or let us know if you find any interesting place where you can pay in Bitcoins.




Thank you for sharing this! I'm glad that more places accept Bitcoin and soon or later in the future more places will accept it.
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Topic
Board Bitcoin Discussion
Re: Decentralized Vs Centralized Exchanges
by
Nurshazwani
on 23/10/2018, 02:28:27 UTC
I think the decentralized form of currency is the best way to make any transactions because we all know since it involves a widespread of an organization and different countries have participated. Due to the rise of competition where quick decision making is required and therefore many organizations opted for decentralized.
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Topic
Board Bitcoin Discussion
Re: Blockchain or Banks: Which has a Better Security for Financial Transactions?
by
Nurshazwani
on 22/10/2018, 02:35:17 UTC
Blockchain technology can change how financial firms do business compared to bank systems, the blockchain system is more efficient and accurate but if the bank adopted this methodology, we can expect to see more secure, reliable, and fascinating ways of transferring funds and important information. So I think blockchain is better in security for financial transactions.
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Board Bitcoin Discussion
Re: What problems cryptocurrency will face in the near future?
by
Nurshazwani
on 22/10/2018, 02:23:14 UTC
In the near future, I think cryptocurrency will face lost in trust in government-backed, or fiat, currencies, a cryptocurrency future could come about by default. That may be a risk not only in places like Venezuela but also in the U.S where federal deficits are spiraling.
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Topic
Board Bitcoin Discussion
Re: Ethereum vs bitcoin blockchain for game assets
by
Nurshazwani
on 19/10/2018, 06:01:55 UTC
Bitcoin blockchain is a worldwide shared ledger that assures easy accounting and transfer of value in the form of bitcoin. Ethereum blockchain not only transfer money but you can execute smart contract and make Dapp.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Security
by
Nurshazwani
on 19/10/2018, 05:09:59 UTC
Keeping bitcoin secure. Regular backups of bitcoin wallet are essential to protect against computer failure, theft, and human error, but never store them online, especially if the backup is not encrypted.
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Topic
Board Trading Discussion
Re: Is it worth using the technical indicators in the cryptocurrency market?
by
Nurshazwani
on 19/10/2018, 02:24:51 UTC
Technical indicators are useful but it does not guarantee a good result as it is a volatile and sensitive to secondary activity.
Consider to your own circumstances, and obtain your own advice, before you rely on this information. Also, verify the nature of any product and service and consult the regulator website before you make any decision.
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Topic
Board Trading Discussion
Re: Patience is the most important thing
by
Nurshazwani
on 18/10/2018, 03:17:36 UTC
I agreed but also before you start and invest in anything, you need a clear understanding of what your investment goals are and how you will achieve them. You want a good idea of how long you are prepared to keep your investment open, and what amount of profit you are happy to take.
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Topic
Board Trading Discussion
Re: Altcoins and bitcoin - Where is the good investment now?
by
Nurshazwani
on 18/10/2018, 02:54:25 UTC
Huh Huh Although bitcoin has been on the rise for the past few days, altcoins seem to have stalled. Between altcoins and bitcoin, what is a good medium term investment  Huh

Hey there! If you want to invest in Bitcoin then you need to stay up to date with the latest news and trends around Bitcoin. When news is released about a new technical improvement, you might want to think about buying Bitcoin. If there is a huge fall in the price of Bitcoin, then that too might be a good time to buy Bitcoin because you can buy it at a low price.
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Topic
Board Trading Discussion
Re: How to handle tough times in cryptocurrency?
by
Nurshazwani
on 18/10/2018, 02:37:30 UTC
We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?


Never invest your last money because as you know cryptocurrency is volatile. There is always the chance that the market will crash. So just patiently wait until the prices increase again.
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Board Bitcoin Discussion
Re: how many transactions to include in a block?
by
Nurshazwani
on 17/10/2018, 08:02:47 UTC
The average transaction is at least 250 bytes and the average block contains more than 500 transactions. Source: Mastering Bitcoin Chapter 7, page 164.

https://blockchain.info/de/charts/n-transactions-per-block
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Board Bitcoin Discussion
Re: Doing a project with blockchain need interesting topics
by
Nurshazwani
on 17/10/2018, 07:49:24 UTC
I think you should do a survey about which topic people interested because of the various choices but as for me, I'm currently learning about how can a blockchain Technology change finance.
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Topic
Board Bitcoin Discussion
Re: BTC payment only?
by
Nurshazwani
on 17/10/2018, 07:15:11 UTC
Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low.
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Topic
Board Altcoin Discussion
Re: Why invest in altcoin?
by
Nurshazwani
on 16/10/2018, 07:34:04 UTC
Most of the altcoins are trading at very low prices compared to bitcoin, that means there is a huge potential for growth if you invest your money in it.
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Topic
Board Bitcoin Discussion
Re: the benefits of managing bitcoin
by
Nurshazwani
on 15/10/2018, 06:31:24 UTC
I think the benefit of bitcoin is that you controlled your own money and it allows for peer-to-peer transactions that do not need a third party, such as PayPal or a bank.
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Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin can ruin a Country?
by
Nurshazwani
on 15/10/2018, 06:03:49 UTC
I think that Bitcoin and cryptocurrency can ruin a country in terms of dividing the power of the government. The exchange rate of the dollar in each country in most cases are managed by central banks and the government. With cryptocurrency, a changed and uncontrolled currency, you would decentralize the power causing a big effect on the market. This case would only be valid under the thought that the market fully adapts crypto and the government allows it to happen.