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Showing 20 of 353 results by PatronRH
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Topic
Board Trading Discussion
Re: Right now should I wait to buy ?
by
PatronRH
on 19/08/2018, 10:09:42 UTC
I think it's time to buy now because the price is critically low and it the lowest in the past year so I bet you won't be losing money when you get btcs now. Plus normally if the pattern continue the indicators say that the numbers will just go up in the next months and the price will recover soon so you may be making some money by investing now n waiting till the end of this year.
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Topic
Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
PatronRH
on 16/08/2018, 08:23:27 UTC
The risk management when talking about cryptocurrency is very hard and almost impossible to manage completely but there is certainly ways to reduce the losses when something wrong happens first of all as soon as you manage to double your investment you should secure the amount you first invested and continue investing with the money you made.
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Topic
Board Economics
Re: Indonesia’s Central Bank is Planning to Ban Bitcoin in 2018
by
PatronRH
on 11/08/2018, 21:45:56 UTC
They haven't done that at the moment. But if they do that would shake bitcoin a bit as BTC is not at his best time right now and domething like that will definitely affect it in a really bad way but I think that we need cryptocurrency thats why there will be always bitcoin and no matter how prople fight it as Indonesia just did bitcoin will always be resistant.
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Topic
Board Bitcoin Discussion
Re: Is the world ready for cryptocurrency?
by
PatronRH
on 10/08/2018, 14:53:06 UTC
The world is for sure ready for cryptocurrency. This form of money and it's lookalike numerisation is causing a lpt of problems printing money makes it an unreliable way to count our resources so the distribution of ressources can be manipulated by simple '' legal '' acts. Crypto makes that impossible to happen and with the fact that almost everyone have the technology it takes and is connected to internet the crypto digitalisation of money is not just a dream.
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Topic
Board Bitcoin Discussion
Re: Can Holding Bitcoin affect the stocks
by
PatronRH
on 04/06/2018, 23:44:54 UTC
Well the two things affect bitcoin first holding bitcoin will decrease the offer compared to the demand which will increase the value but on the other hand making bitcoin circulate in the market will also increase it's value the key to that is finding the equilibrium.
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Topic
Board Bitcoin Discussion
Re: Bitcoin will get legitimacy in all countries?
by
PatronRH
on 04/06/2018, 23:25:20 UTC
Bitcoin is not harmful when used the right way. It is a very powerful tool that can change the world's economy. And it will be legitimate as soon as countries find that out. Well at least the most powerful ones like the united states, china, germany.. and the rest if the worls will follow.
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Topic
Board Economics
Re: When will Apple accept bitcoins?
by
PatronRH
on 04/06/2018, 23:10:53 UTC
There is no need for apple to take bitcoin. It simply doesn't really need it at the moment and plus apple is using some aspects of bitcoin that hide personal info and identity. Yet maybe in the future they will take btc more seriously.
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Board Speculation
Re: Bitcoin value
by
PatronRH
on 04/06/2018, 23:00:56 UTC
He is right and that is the basis of economy pricing is about being rare. Things have value because people say so. For example let's take obe of the rarest things like diamonds we actually don't need diamonds in order to live so it's not crucial for us yet it is one of the most expensive things on earth because it's rare and becaus maby people want it but there is a small quantity of it so it gains value.
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Topic
Board Economics
Re: Whats the ranking of bitcoin in terms of currency
by
PatronRH
on 04/06/2018, 22:50:24 UTC
There is no ranking in currency. You have to choose the criteria you base your ranking on. For examole if it is about how big the market size is or the value of the currency bitcoin is number one  but that isn't true when talking about the profit margin because there maybe other currencies that will make you more money if you invest in them.
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Topic
Board Economics
Re: Reason we pay taxes and why we should
by
PatronRH
on 04/06/2018, 22:43:19 UTC
We pay taxes in order for goverment to build or takr care of the infrastructure of the country, in order to offer the vpublic services that we need need like health or education and administrative services and to make new investements. We should definitely do that because governments use that money to make sur that everything in place and to develop the economy of the country.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
PatronRH
on 04/06/2018, 22:34:13 UTC
The best thing to do is to invest your money. If you have a lot of money and you intend to do dome long term investements go with stock assets they will give you s small profit but a certain one or you can go with cryptocurrency and that is going to make you win more but it is riskier.
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Topic
Board Bitcoin Discussion
Re: Can We Finally Call This the DEATH of Bitcoin?!?
by
PatronRH
on 04/06/2018, 22:03:10 UTC
There is no death with this rising technology it is just starting. I bet you it is going to have a really bright future because this phase is just the transitional phase.
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Topic
Board Bitcoin Discussion
Re: Why owning 1 BTC becomes harder everyday???
by
PatronRH
on 04/06/2018, 12:09:42 UTC
Owning bitcoin is coming more harder because the price is going really high and the demand on it is increasing everyday so no wonder you will have much more difficulties obtaining it.
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Topic
Board Off-topic
Re: Money for school fees. Invested in bitcoin.
by
PatronRH
on 04/06/2018, 11:25:55 UTC
On the one hand. If this is going to work you will make some real money but on the otger hand it is so dangerous risking your education for bitcoin and plus you don't know for sure if it is going to work.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
PatronRH
on 03/06/2018, 23:48:33 UTC
Go with a safe strategy: invest some and save some. I would advise you to invest in cryptocurrency because it is the kind of investment that will make you profit in the long term and for the saving part either transfer your money into gold save it or I advise you to pu it in a bank that way ut helps the economy of your country.
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Topic
Board Economics
Re: China banning bitcoin exchages, good or bad?
by
PatronRH
on 03/06/2018, 23:36:26 UTC
It is definitely going to be a really bad thing on bitcoin because it means the market is going to be smaller the number of transactions is going to shrink so much because Chinese users represent a big portion of bitcoin users. And this will definitely lead to the deterioration of bitcoins value.
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Topic
Board Economics
Re: Factors that affects the value of bitcoin...
by
PatronRH
on 03/06/2018, 18:22:27 UTC
The only thing that affetcts bitcoins value us the demand and supply factor but that itself is affrcted by various causes such as political decisions, environmental factors crises etc...
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Topic
Board Bitcoin Discussion
Re: Digital money is cashless society
by
PatronRH
on 03/06/2018, 18:06:33 UTC
Cashless societies have more economical advantages. As they can control their money they can end money laundry through digital money and they can be sure about how much money they have. We are not actually a cashless society but we are going to be one. As the goverment is trying to be one in order to stop corruption.
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Topic
Board Economics
Re: War on cryptocurrency!
by
PatronRH
on 03/06/2018, 15:51:32 UTC
The war on bitcoin is simply because bitcoin will make them use control over the nations and people it will cut their profits from taxes interest and other incomes.
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Topic
Board Economics
Re: Do we need blockchain technology?
by
PatronRH
on 03/06/2018, 15:18:35 UTC
I think we do as the old monetary system has proved itself to be a failure so really do need change and that is the blockchain technology as it is unmistakably simple, helps us cybernete the usual content as the registry on Blockchain allows the establishment of "smart contracts". With a reduction in manual operations, this can result in increased transparency in the execution of any type of digital contract plus transactions are without an intermediate and finally value transmissions are secured by asymmetric cryptography. Each operation is done carefully to protect your finances.