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Showing 20 of 229 results by Pansamantala
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Board Bitcoin Discussion
Re: Bitcoin or Property? What might be the best investment?
by
Pansamantala
on 20/08/2018, 14:17:02 UTC
Profit wise, bitcoin is better and you can have it in just a span of week or month. You don't also need to exert more effort on it since its market price can rise drastically in just a short period of time. The only disadvantage is that bitcoin is also risky as its market price can drop drastically too.
Well the difference is you need to have a higher amount so that you can invest in property. But with bitcoin you do not need more money. Therefore bitcoin is still more accessible to invest in. If you have lots of bitcoin and it rise than you can change it to your country's currency them buy property simple. But as a starter it is indeed efficient if you invest in bitcoin.
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Topic
Board Bitcoin Discussion
Re: Is the world ready for cryptocurrency?
by
Pansamantala
on 20/08/2018, 12:33:58 UTC
Everytime I see kids use tablets and smartphones like a pro, I know that the world is ready for cryptocurrencies. The people of this generations are so advanced that they are much easier to teach on how to use bitcoin and altcoins rather than the old people.
Well if we based our judgement on the technology we have today, we can say that people who can access to the internet are ready at the same time those who has gadgets. But the thing is, not all people have reached by the civilization therefore it is hard as of this moment. We can say that the world will be ready if and only if all people have an access to the internet at the same time know how to use gadgets.
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Board Bitcoin Discussion
Re: Positive News about Bitcoin
by
Pansamantala
on 18/08/2018, 11:05:37 UTC
Good news yes? How come market does not respond positively? I am beginning to think the media doesn't want this kind of news and instead they would rather publish and promote negative news. Negative news is good news for the media, they have a lot to write about it and the story can be twisted in 101 ways plus headlines that guarantees clicks, unlike positive news, after reading whats next, that's how I look at it now.

Well if the positive news did not reflect on the current market then we should wait. Imagine a population having hundreds of people, them there is one person who is rich, do you think the others will be rich also because one of them is rich? That is the current situation of the bitcoin. We need for further positive responses.

That's right, we need more positive news. Because in our world, one piece of positive news doesn't solve anything. And here is with negative news all contrary(
Well if the positive news did not reflect on the current market then we should wait. Imagine a population having hundreds of people, them there is one person who is rich, do you think the others will be rich also because one of them is rich? That is the current situation of the bitcoin. We need for further positive responses.
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Board Bitcoin Discussion
Re: Can Bitcoin become currency a new State?
by
Pansamantala
on 18/08/2018, 09:33:31 UTC
Sure it is. This is not impossible to happen. Especially when more and more people are into using bitcoin as a form or as a medium in doing transactions. At the same time bitcoin has lots of perks on it, it can help you to do your task easily. Bitcoin will help us to improve what we need to improve and develop future is now guys.
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Topic
Board Economics
Re: Bitcoin and Globalization
by
Pansamantala
on 17/08/2018, 11:56:48 UTC
Bitcoin is already part of the global system, but the only opponents of this head of state!
Bitcoin is being used at almost every corner of the world but still the number of people who are using bitcoin are not that much and that it will take a lot of time for bitcoin to be globally accepted and that you cannot expect this thing to happen in a day or two. It can only happen once the governments will declare these crypto currencies as legal currencies and that they will start regulating bitcoin.
I think that bitcoin is capable of being a part of globalization in the future if it is accepted in various parts of the world. Because we all know that Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. Yep bitcoin has the interaction but it doesn’t has the recognition of all the parties. However I believe that with the development of advanced technology and the necessity of it ,bitcoin will soon become a legal currency and then it can connect all parts of the world without a doubt.
I disagree with this statement. With bitcoin we can succeed in planning the globalization, in which everything will be the same and in order. And the first step in doing this is that, we need to have a unified currency. In which there are the same amount to use in every transactions. No one of top and all are the same. Bitcoin can really help us to achieve a better life.
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Topic
Board Bitcoin Discussion
Re: High risk results to high rewards
by
Pansamantala
on 16/08/2018, 14:39:13 UTC
if you want to earn a high income you have to be at high risk like the one in the bitcoin forum where people are very much to invest in it and it must be very big capital by buying a high 1BTC price or investment in ETH.
Any investments take risk and when you put all your money on it, you take big risk because you either earn good profit or lose when the price goes down more but you cannot hold any longer to wait for recovery. Invest on something that has potential for growing along the market.
Surely it is. When you do not have the guts to take risk then probably you will not going to earn something. You need to face something in order to get also a reward. In this way, you word hard and get incentives. Risk is part of investment it varies only in the level of risk you are ready to take. It must be Higher Risk, Bigger loss or Bigger outcome.
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Topic
Board Economics
Re: What happens if bitcoin price falls below the cost of mining it?
by
Pansamantala
on 15/08/2018, 13:10:25 UTC
In my opinion, Bitcoin mining is meant to come to an end, knowing that the number of bitcoin is limited, miners knows this, as well as the whole cryptocommunity, But it doesn't dictate the demand of bitcoin, if the consumers continues to value bitcoin or any other cryptocurrencies then the cryptocommunity will continue and bitcoin will survive. Of course by this time, bitcoin miners would have definitely find another way of earning money. I think even though the miners have completely mined all the bitcoins out there, the crypto world would continue. 
Bitcoin supply is limited, but I am sure that not all Bitcoin will be able to be mining with the assumption that mining costs will be even greater, while now prices are falling. The period of earning money from mining is certainly no longer a profitable thing.
Well if this happens, bitcoin miners will stop mining because of the expenses they are using in able to provide there needs and they just settle down. If this happens more probably the market will be down, if this happens more investors will come in because of the low value of bitcoin. With this the bitcoin's market will rise again. And so transaction continue at the same time the bitcoin will be the currency of the future.
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Topic
Board Bitcoin Discussion
Re: Best and Worst Case Scenario for Bitcoin
by
Pansamantala
on 10/08/2018, 11:16:32 UTC
There is no Worst Case Scenario for bitcoin. Again, why fear governments?  Please stop the paranoia. Best Case Scenario is bitcoin going mainstream. But we already know that.  Wink
Well it does not really the only worst case and best case scenario. But as you have stated, when in terms of government control, they can not do it, but it may have a conspiracy in group of rich people. Capitalist are always doing what they can do in order for them to stay on top and that is the problem of today. On the other side, bitcoin will be more great than the current currency of today and that will be a very good thing. As of today the thing that will happen is the rise in the market of bitcoin.
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Topic
Board Bitcoin Discussion
Re: Man sells house. Earns $20,000,000 from Bitcoins
by
Pansamantala
on 10/08/2018, 07:59:53 UTC
I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he is selling his house and buying £450,000 worth of bitcoins

After 6 months to 18 months, he posted there, he has earned some $20,000,000 from Bitcoins.   Shocked

This man has the hell huge courage in his. He can sacrifices the thing he has and in return he gets more than what he gave. This is the prove that bitcoin is worth risking for. If you take the risk then probably you will get something in return. Return that is greater than what you have expected. Bitcoin is very powerful so as the people who have the courage.
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Topic
Board Bitcoin Discussion
Re: Bitcoin has no competition
by
Pansamantala
on 09/08/2018, 10:53:10 UTC
Bitcoin has no competition till now, bitcoin has changed many lives around the globe who really depends on it. But we don't know how the future of bitcoin going to be, but really many people will remember it till their death.
yes that is very right, i think bitcoin do not have any competition, bitcoin is one of the best online currency of the world and hope that it will continue its status for  ever and no other currency will compete it. 
It is like bitcoin has its own world where as no one ever try to steal its throne. As a matter of fact other coins are just dependent on bitcoin and this proves that bitcoin is the king and no other coins can take away the bitcoin's place especially now that bitcoin continuously gives advantage to its user. Bitcoin is bitcoin and no other competitors.
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Board Altcoin Discussion
Re: I think ethereum is the best crypto next to bitcoin.
by
Pansamantala
on 08/08/2018, 11:41:51 UTC
Ethereum is getting set to thrive beyond ICO and all,  ethereum will continue to increase in cap! Bitcoin and Ethereum is obviously the lead cryptocurrency, but Ethereum platform is achieving more adoption unlike any other cryptocurrency!
As I have observed, it is true that ethereum is also popular next to bitcoin. We all know that popularity has a big factor which helps the market to grow. And with that situation, etc has a potential of growing. Well in order to achieve it, you need to wait for a long time at the same time is you need to have long patience.
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Topic
Board Trading Discussion
Re: how much usd need for trade ??
by
Pansamantala
on 06/08/2018, 11:23:36 UTC
Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it
It depends on your status, you should only invest big amount of money if you have good economic status. Do not just put your money if you want to make investment for you to avoid losses.
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Topic
Board Bounties (Altcoins)
Re: MOZO Bounty Campaign
by
Pansamantala
on 15/07/2018, 11:57:55 UTC
#Proof of Authentication

Week 4

Facebook Campaign

Facebook link:
https://www.facebook.com/davexyrill.uzivertzxc

POSTS
My Own post 1- https://www.facebook.com/davexyrill.uzivertzxc/posts/1911844082195431
My Own post 2- https://www.facebook.com/davexyrill.uzivertzxc/posts/1915002601879579

SHARES
share post 1- https://www.facebook.com/davexyrill.uzivertzxc/posts/1915005108545995
share post 2- https://www.facebook.com/davexyrill.uzivertzxc/posts/1911806778865828
share post 3- https://www.facebook.com/davexyrill.uzivertzxc/posts/1916234225089750


Twitter link:
https://twitter.com/Barbiet07579067

TWEETS
My Own tweet 1- https://twitter.com/Barbiet07579067/status/1018470046094389249
My Own tweet 2- https://twitter.com/Barbiet07579067/status/1019227438373433344

RETWEETS
retweet 1- https://twitter.com/MozoToken/status/1016221323406684160
retweet 2- https://twitter.com/MozoToken/status/1014587992973848576
retweet 3- https://twitter.com/MozoToken/status/1011559843893731328

week 5

tweet 1- https://twitter.com/Barbiet07579067/status/1021048830538600448
tweet 2- https://twitter.com/Barbiet07579067/status/1021761454599372802

retweet 1- https://twitter.com/MozoToken/status/1020230162057605120
retweet 2- https://twitter.com/MozoToken/status/1021219961035870209
retweet 3- https://twitter.com/MozoToken/status/1020625488492937216

facebook
post 1- https://www.facebook.com/davexyrill.uzivertzxc/posts/1922849627761543
post 2- https://www.facebook.com/davexyrill.uzivertzxc/posts/1926154347431071

share 1- https://www.facebook.com/davexyrill.uzivertzxc/posts/1922845851095254
share 2- https://www.facebook.com/davexyrill.uzivertzxc/posts/1926154940764345
share 3- https://www.facebook.com/davexyrill.uzivertzxc/posts/1926155294097643

week 6

twitter
tweet 1- https://twitter.com/Barbiet07579067/status/1022797155835072512
tweet 2- https://twitter.com/Barbiet07579067/status/1023952846490820608

retweet 1- https://twitter.com/MozoToken/status/1022076914851147776
retweet 2- https://twitter.com/MozoToken/status/1022463594443694081
retweet 3- https://twitter.com/MozoToken/status/1023073635785834496

facebook
post 1- https://www.facebook.com/davexyrill.uzivertzxc/posts/1930557193657453
post 2- https://www.facebook.com/davexyrill.uzivertzxc/posts/1937034303009742

share 1- https://www.facebook.com/davexyrill.uzivertzxc/posts/1930559046990601
share 2- https://www.facebook.com/davexyrill.uzivertzxc/posts/1930558966990609
share 3- https://www.facebook.com/davexyrill.uzivertzxc/posts/1935754416471064
Post
Topic
Board Bitcoin Discussion
Re: Crypto currency in five years!
by
Pansamantala
on 11/06/2018, 15:07:45 UTC
Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
I believe that there would be a very drastic yet important change in the fubctionality of bitciin and cryptpcurrency industry as a whole in the next five years. A lot has happened even now, and we could count on experts like Tim Draper when it comes to these kinds of issues. Just continue to support the industry and it would be sure that we are in for the most important transition in the history of crypypcurrencies.
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Topic
Board Bitcoin Discussion
Re: What Can Be Done To Make Government Legalize Bitcoin
by
Pansamantala
on 09/06/2018, 10:09:37 UTC
Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.
If they could see great potential with bitcoin and they get proper knowledge that bitcoin would not do any harm with their economy. I think they would be persuaded and convinced to let bitcoin operate in their country. This already happened to some countries that illegalized bitcoin before which means that it is possible.
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Topic
Board Bitcoin Discussion
Re: Which is more risky? Bitcoin or bank investment?
by
Pansamantala
on 08/06/2018, 23:38:57 UTC
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?
For me it is bitcoin investment. In the banking industry there is little to no risks involved whereas bitcoin thrived in the risks. But the risks are sure to pay off given that you are a patient man. Bitcoin's risks also brings about high rewards, on the other hand you get very little profits with the banking industry that it is most of the time just used as a way to keep their money.
Post
Topic
Board Economics
Re: Factors that affects the value of bitcoin...
by
Pansamantala
on 08/06/2018, 11:55:30 UTC
Hey guys,  i need some suggestions and opinions about this.
There are numerous factors as to how bitcoin's value changes. There is the most obvious supply vs. demand, since there is a huge differential in bitcoin between the two. As of now there are high demands on bitcoin while adequate supply exists. So bitcoin's value is at a delicate state right now. Another factor is bitcoin's high volatility rate. Because of this, bitcoin's value is becoming very unstable.
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Topic
Board Economics
Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.
by
Pansamantala
on 08/06/2018, 02:19:53 UTC
Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy

What do you think? How low bitcoin can go?


Just hodl it
If the current situation of bitcoin don't change, bitcoin would experience the lowest pricr decline in its history. With orice ranging from 1000$-2500$. This may sound alarming but as long as you have your investment pumped in the system and you're in for a coin holding, you shouldn't worry about your investments going to zero. As soon as bitcoin bounces back you'll regain your investments.
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Topic
Board Economics
Re: bitcoin in developing countries
by
Pansamantala
on 08/06/2018, 01:55:31 UTC
at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
I don't think so. As a matter of fact bitcoin wouldn't have any effect in a certain country's economy. Because it is decentralized and no one could gain or lose in the process but only bitcoin. That's the common misconception by countries that illegalize bitcoin in their territory, tgey think that because you pump your national currency in the system, you are making bitcoin powerful and the country you live in weaker.
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Board Altcoin Discussion
Re: What do you do with the rewards you received?
by
Pansamantala
on 27/04/2018, 23:52:14 UTC
I am familiar with people who also participate in generosity companies. Some of them do not rush to sell received Tokines, others on the contrary, immediately after the issue of tokens the exchange is sold. My friend advised me to send them to EtherDelta. When receiving tokens, place orders for the sale of x2 - x10 (depending on the project) and just wait until they are purchased.
What do you do with the received tokens?
Most of the time I would hold my rewards that I gained and earned from the bounty campaigns I have participated in. However, when the times are rough for the cryptocurrency I have rooted for, and I am in dire need of money at the same moment, I immediately cash out some of the coins I gained and then hold the remaining ones so I could still gain something.