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Showing 20 of 77 results by Ocytrem
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Topic
Board Economics
Re: Do you think billionaires invest in BTC?
by
Ocytrem
on 03/10/2017, 09:20:23 UTC
Yes I think so, who would have guessed the bitcoin price in 2011, and compare it with the current price, that's so incredible, many people have become billionaires because of bitcoin

Sorry, but that's not true. In case of reaching fiat billionaire status on paper with Bitcoin, you at current levels need to hold slightly over 357k BTC. At this point the only entities that can properly call themselves a fiat billionaire, are Satoshi, Mark Karpeles (obviously with stolen coins). If we look further, then the only entities coming close to that are toxic figures such as Roger Ver and Jihan Wu. Other than that I can't seem to recall any insanely large Bitcoin holders.
Which you say is true, but I am also a billionaire in my own currency count, bitcoin greatly simplify the business hiduo
I think and I trust that there are extremely rich people putting here in BTC. They have a ton of assets to contribute here. They may likewise have a gathering of individuals or possibly a group on the most proficient method to deal with their venture here jn btc. And furthermore it is an incredible open door on the most proficient method to deal with their cash and how to have more cash too.
Post
Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
Ocytrem
on 03/10/2017, 09:10:28 UTC
Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
Just hold your bitcoins and make the most of it in the future.

Right , Even if bitcoin fall down it will rise up higher than he was , according the history of bitcoin there's no worries in saving or investing in bitcoin
Yes history tell us everything about bitcoin, how it rise, how many time it falls and then how bitcoin recover its fall. Making all these history facts as points then we conclude that there is no chances for bitcoin to fall down because those factor that made bitcoin to fall are remove and failed to effect bitcoin any more, bitcoin users make it strong now.
I get it won't misfortune its incentive as should be obvious the cost of bitcoin at this moment is at a high cost or esteem, it is difficult to lose it cost on the grounds that insofar as there are numerous dealers that exchange bitcoin the cost of bitcoin will continue expanding until the point when it will worth a million.
Post
Topic
Board Economics
Re: Investing money on bitcoin..!
by
Ocytrem
on 22/09/2017, 08:13:26 UTC
While others might be compelled to sell right now, the risk takers are willing to buy on dips with the thought and hope that the price is going to make a rebound soon. After this little storm has passed, bitcoin is going to be in demand again, while more places are going to accept it as payment. Holding bitcoin a little longer instead of selling right now might serve us better in the future.
I sell and at the same time hold. If you’re going to take my advice, I would say sell half, and leave half in wallets. Make sure you recover everything you invested plus more, then you can begin to save, but don’t stop selling. I know why I’m saying that and if you reason properly, you will know what.
I am applying same strategy in order to stay safe in the bitcoins market. It is always advised to stay in the game of bitcoins by keeping certain amount in wallet. You should never ever have your wallet empty of bitcoins because we never know when they are going to touch the sky. Bitcoins are evergreen investment.



I think that if you invest in bitcoin and know what you are doing it will be the easiest way to earn money. Because bitcoin is growing so fast, so many new bitcoin users everyday. And the value keeps going up and down so making money with bitcoin is not a problem.
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Topic
Board Bitcoin Discussion
Re: Could Bitcoin ever replace conventional money?
by
Ocytrem
on 22/09/2017, 08:09:18 UTC
we have to admit that the current market cap bitcoin reached more than 40 billion USD, even bigger than many countries foreign exchange witch is insane.
Post
Topic
Board Economics
Re: If you were in desperate need for money....
by
Ocytrem
on 22/09/2017, 08:01:34 UTC
i think the only option is, and if you have a job, is having a loan from the bank. As long as you have a job that can cater there monthly payments than you are good with it. Also other banks require collateral which would be easy if you have like a car.
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Topic
Board Bitcoin Discussion
Re: Bitcoin is instant way to get rich ?
by
Ocytrem
on 22/09/2017, 07:55:48 UTC
what do you think about this topic?


If you work hard you can easily make make a lot of money with bitcoin. You just have to gice all your time to bitcoin and it will be worth trust me.
I invested a lot in bitcoin and got payed for my hard work.

I think it depends on the people on how he will handle his life so that he'll became a rich person. BTC is nothing to do in being rich because the hardwork and ofcourse the strategy of the person is the who will make him a rich person and nothing to do with the bitcoin. Bitcoin is just a currency and it will help you in many ways.
Yes there is no an instant way to get rich you need to work hard for better future.it depends on the strategy of the person and their skills also.in joining bitcoin it can helps you to have an extra income and to helps to pay all your financial needs.
Post
Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
Ocytrem
on 08/09/2017, 13:05:44 UTC
My plans are to invest in bitcoin and wait for the right moment to sell it and then gain money from it. In the mean time i claim on faucets some bitcoins to gain even more bitcoins.

You can also watching videos or doing other tasks, but most of them are scammers and have high fees to withdraw.
Post
Topic
Board Announcements (Altcoins)
Re: 🌟🌟🌟🌟🌟🌟 Buy ChronoBank TIME on Bittrex or Liqui.io ! 🌟🌟🌟🌟🌟🌟
by
Ocytrem
on 06/05/2017, 02:05:36 UTC
That's interesting ChronoBank. You raised millions and paid bounties to illiterate ppl:
http://i.imgur.com/9yPNEqq.png

"ICO is started just today and will lasts for two months till 15 february. "
"So guys, lets make blockchain great again and support Chronobank. Dont be to late on that train. Merry christmas and Happy new year!"

This kind of article is worth 210,00 USD

Then what kind of articles did you reject
https://docs.google.com/spreadsheets/d/1hoG2sOdumReZ0GVCYaj-hGIDrFXXs0X4PDANlhqHAYM/edit#gid=964505233

Post
Topic
Board Gambling discussion
Re: Portuguese League Prediction Thread (Primeira Liga)
by
Ocytrem
on 07/03/2017, 13:27:52 UTC
I haven't really followed how things are going in Primeira Liga and I see that Benfica is on top with 1 point.
But Fc porto isn't going to let them take a big lead ahead of them, so things are still looking interesting in this league.
Post
Topic
Board Gambling discussion
Re: La Liga (Spanish League) Prediction Thread 2016/17
by
Ocytrem
on 07/03/2017, 13:20:47 UTC
Things are looking very interesting in the La Liga. FC Barcelona have the lead with one point.
But Real Madrid still got a game to play so anything can happen. I personally want Barcelona to win it because I am a Cule till the day I'm gone. Grin
Post
Topic
Board Gambling discussion
Re: Premier League Prediction Thread (EPL)
by
Ocytrem
on 07/03/2017, 13:13:25 UTC
If your talking about the race for the title then I have to say that Chelsea will win it this year.
And it is well earned if you ask me. They have played very since the beginning of this season and the big man hazard is back to his old self.
Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Ocytrem
on 07/03/2017, 12:57:56 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?
There isn't really a better choice between these two options because it depends on what you prefer to do with your money.
But saving your money is safer(no pun intended) than investing it because if you save your money in the bank you can't lose it unless something happens with the bank.
Post
Topic
Board Economics
Re: If you were in desperate need for money....
by
Ocytrem
on 07/03/2017, 12:48:20 UTC
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
I would probably do something like mining or trading. Maybe invest my last bit of money for some Bitcoin.
A couple sites give you money for small things like watching videos or share their page on social media so I would probably do that to.
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Topic
Board Bitcoin Discussion
Re: Have you used Bitcoin as Real money to buy Real/physical goods?
by
Ocytrem
on 07/03/2017, 12:26:09 UTC
No I haven't used the Bitcoin as way to pay for physical goods, because I haven't really thought about doing that.
But even if I did think about it there aren't many shops in my neighborhood that accept Bitcoin. But it is a great idea tho
Post
Topic
Board Bitcoin Discussion
Re: "With Bitcoin/Crypto, what are you most optimistic about?"
by
Ocytrem
on 07/03/2017, 12:16:28 UTC
Bitcoin and the other crypto currencies are new and break the regular ways of using money.
They also give more profits then the currencies that we have now. Like having low transfer fees, only used online and keeps your personal ID safe.
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Topic
Board Off-topic
Re: Bitcoin is a good investment now, because...
by
Ocytrem
on 07/03/2017, 12:12:41 UTC
Because times have never been better for the Bitcoin and things are only looking better.
The price of the Bitcoin keeps rising little by little everyday. And the community keeps getting bigger, so if you want to invest in the Bitcoin I think that it is a very good idea
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Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
Ocytrem
on 03/03/2017, 10:27:39 UTC
These countries don't accept the Bitcoin because of the rules they have in that country.
But I think that these countries will eventually support the Bitcoin because many other countries accept it. And maybe they have to see how good the Bitcoin is to change their mind
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Topic
Board Bitcoin Discussion
Re: How to explain bitcoin to teenagers or children
by
Ocytrem
on 03/03/2017, 10:17:19 UTC
Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
Some good ideas how to teach them are:
Teach them at school
Teach them at home
Let them learn about Bitcoin with games
Post
Topic
Board Speculation
Re: What to do?
by
Ocytrem
on 03/03/2017, 10:06:27 UTC
So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?
Well it is an option to cash everything now. You would make some nice profit is you bought when it was cheaper.
I personally would wait a little longer to cash out because the price can still grow higher.
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Topic
Board Legal
Re: Money laundering via BTC
by
Ocytrem
on 22/02/2017, 10:58:48 UTC
Is it possible to do money laundering via bitcoin? I mean as no one knows if you have bitcoin and how much bitcoin do you actually own, it could be used to convert black money to white right? Or at least store your black money without much hassle. But there is the risk of its value but I think for people who have lots of black money and don't want to be caught, this risk might be worth taking for them isn't it?
What are your thoughts?
It is possible to launder money via Bitcoin, it is different than with cash.
But I think someone has found a way to do it.