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Showing 10 of 10 results by Peppystatik
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Board Bitcoin Discussion
Re: What is bitcoin
by
Peppystatik
on 23/11/2017, 10:30:42 UTC
Quote from: Polar91 on November 06, 2017, 02:08:54 PM
Quote from: fragout on September 03, 2017, 10:21:34 AM
What do you say when asked this question from a friend who has only heard its name mentioned a few times in the news and has no clue. I find myself lately taking the easy way out and suggesting google. I would prefer to give a clearer answer, but usually saying something leads to more questions and more confusion.
If someone could point me to a twitter type answer that would inform and twig their curiosity, i think it would be a better outcome.
Well, in my part if I would be asked the same question of what is bitcoin? I will gladly state that it is now the future currency of the today's generation. The existence of bitcoin make it a way to the innovative improvement of our fiat system or simply the real money we have. It is generated and operated through the use of technological devices such as mobiles and computers wherein the access to the internet is a must because from the term itself a cryptocurrency, is a currency type which is based on the online usage. It allows easy access and fast transaction to undergo an easy process which makes life comfortable.
I agree because bitcoin is money but then online that is why it is called cryptocurrency and i think that this currency will become really popular.
Because there are a lot of people investing in it and i think that only more people will join.
Post
Topic
Board Speculation
Re: I BUY GOLD OR BITCOIN?
by
Peppystatik
on 14/11/2017, 11:39:04 UTC
Bitcoin is the better thing to buy because there is not money to make from gold but by buying bitcoin you make money already by doing nothing.
So don't buy gold and buy bitcoin and keep investing into bitcoin because one day you will get rich.
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Topic
Board Bitcoin Discussion
Re: If i have 10 Bitcoin I can do this
by
Peppystatik
on 13/11/2017, 16:16:13 UTC
If you have 10 bitcoins then you can make a lot of money with the difference in value there is all the time but you just should find the right moment to buy bitcoin.
And of course the right moment to sell it because then you just wait for the value to drop again so you can invest in it again.
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Topic
Board Economics
Re: Is bitcoin dead?
by
Peppystatik
on 10/11/2017, 16:03:36 UTC
Quote from: Hendralam18 on November 08, 2017, 04:04:20 PM
This thread started on 2015 maybe at that time Bitcoin a bit stuck then now we can see Bitcoin flying to the moon.
Now bitcoin $10,000/BTC. We still hoping next year will flying again till $20,000/BTC.

I think that bitcoin will survive for a long time as well because a lot of people invest in bitcoin and i think that it will grow a lot more.
the value might reach 20k in the future but i think it will take a long time for that to happen.
Post
Topic
Board Bitcoin Discussion
Re: Should I invest now or wait a while?
by
Peppystatik
on 09/11/2017, 16:48:46 UTC
Just invest because even if you wait i do not think it is going down than 7k it has stayed between 7k and 7.5k a long time and right now i think it can even easily reach above 7.5k at the end of the year it could maybe even be 10k.
Post
Topic
Board Economics
Re: Future of Bitcoin Economics
by
Peppystatik
on 03/11/2017, 09:35:26 UTC
It will become big easily and it will reach a lot of height by the time and a lot of people are starting to know about it because of the advertisements on our cellphones and laptops it is too bad they do not advertise on tv.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
Peppystatik
on 02/11/2017, 09:59:10 UTC
Quote from: gilabusuk1 on October 30, 2017, 10:23:00 PM
Quote from: dalek on October 30, 2017, 09:51:04 PM
Quote from: winterland on October 27, 2017, 11:00:50 PM
Quote from: josephinerosdy on October 22, 2017, 06:06:14 AM
bitcoin is not money but asset like gold. not worth if use bitcoin for buy a things.
buy bitcoin invest bitcoin why buy money for money if bitcoin is money?
But gold is money as well, maybe people do not use it like that anymore but that is not important gold was used as money for a lot longer than any fiat currency and if people do not adopt bitcoin then it is very likely that gold makes a huge comeback when the fiat system collapses.
Gold is not money, it is an asset and you can convert it to money. Money is FIAT, Gold has value but you can not call it is money. Money can use to payment but we can not use Gold to that. Therefore, you need to know the difference between FIAT and asset.
yes gold is an asset that is now starting to decline demand because of the bitcoin
and gold must be exchanged with money first so it can be used in terms of purchase transactions
I agree with you gold is an asset but bitcoin is money too and i think this is more money to us that in real life money because some people almost made this their daily job and are earning a lot from it.
Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
Peppystatik
on 24/10/2017, 14:35:02 UTC
I don't think bitcoin will replace dollars. I think that bitcoin will be a secondary paying method to buy the things you want. I think in the future you can probably only buy things online or via a card.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is changing the world.
by
Peppystatik
on 23/10/2017, 08:55:01 UTC
Quote from: FJNuñez on October 22, 2017, 11:35:16 PM
Bitcoin is changing the world as we know it and I love it. People around me are changing as they know I have been talking about Bitcoin for years so they know now I'm the guy with the answers.
I think that bitcoin definitely will change the world because in the future bitcoin will probably be the main paying method in the world. Because it is really popular right now. And when everyone starts to know how bitcoin works a lot can happen.
Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Peppystatik
on 12/10/2017, 10:11:13 UTC
I think that gold is better because bitcoin is unstable it keeps rising and falling in value but gold stays at the same value. Witch is good because then you can be sure that you have something that is worth very much but with bitcoin you can't be certain if it will stay or like gets banned in your country.