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Showing 17 of 17 results by Philipruch
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Board Bitcoin Discussion
Re: 650 U.S. banks will soon be able to offer bitcoin purchases
by
Philipruch
on 02/07/2021, 05:58:09 UTC
Banks adopting the operation of Bitcoin will really be a welcome development since it will go a long way in enhancing the financial market and alleviate the standard of living
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Board Bitcoin Discussion
Re: What happens to the coins after your death ?
by
Philipruch
on 01/07/2021, 14:34:44 UTC
As long as humans does not permanently live on earth, it is very important to entrust one's account secure password to a very honest partner very close to you as a way of continuing the accessibility of the account
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Board Bitcoin Discussion
Re: Why do ordinary people feel afraid of Bitcoin?
by
Philipruch
on 01/07/2021, 13:29:55 UTC
It's natural that you can't give what you don't have and most especially talking about the poor, it's very difficult for them to give out the little they have while looking for  another so taking risk is really a difficult task for any one especially the poor
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Board Bitcoin Discussion
Re: Factors affecting bitcoin business
by
Philipruch
on 01/07/2021, 13:19:52 UTC
Foreign exchange could also affect the rise and fall of Bitcoin not only the government.
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Topic
Board Bitcoin Discussion
Re: Is there really a lot of money to be made trading bitcoin?
by
Philipruch
on 30/06/2021, 11:00:02 UTC
It's really an understatement in asking about the lucrativeness of Bitcoin and as a matter of fact Bitcoin is one of the first crypto currencies in existence and has been on appreciation right from it discovery. Hence, it should be taken seriously.
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Board Bitcoin Discussion
Re: Never sell your Bitcoin?
by
Philipruch
on 30/06/2021, 10:38:30 UTC
Holding on Bitcoin without selling it is good but also selling it would be better, the reason is that despite leaving it by growing it, you can make more money when you turn it up in terms of selling it
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Board Bitcoin Discussion
Re: Mexico's third richest person: 10% of assets are Bitcoin
by
Philipruch
on 29/06/2021, 03:33:06 UTC
Saving of assets through Bitcoin is encouraging as it is done by the third richest person in Mexico where he has placed about 10% of his assets on BTC as a means of growing is wealth. Hence, if that is replicated by other people who are aspiring to be wealthy it will one of the best options and really go a long way to improve their networth
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Board Bitcoin Discussion
Re: Mechanism for Retrieving lost BTC
by
Philipruch
on 29/06/2021, 03:02:07 UTC
It would be a very nice thing to do, that is talking about a way of getting back the BTC  of those who may have lost their lives, login details or possibly those who are being affected by the error of BTC database, so if that is done and possible, then the fear in the minds of those who are users of BTC and may be affected by its default in terms of accessing there accounts will be removed and it will as make new users of BTC to take full advantage without any fear to invest there assets since there's a way of getting back there asset in case of any of that happens.
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Board Bitcoin Discussion
Re: A private secondary school in Nigeria accepts cryptocurrency to pay tuition fees
by
Philipruch
on 29/06/2021, 02:37:25 UTC
Basically, Bitcoin for me is a legal tender and that is why it is acceptable globally. However the ban of Bitcoin in Nigeria by the apex bank is worrisome and totally unacceptable by its citizens, so in as much as developed countries like the US, Canada, UK and even countries within the African region including that of other continent use it as something legal and not to them fraud then, it would be injustice and bad governance on the part of the people who has made the decision as a way of depriving it's citizens the right to survive well and improve adequately in a mist of poor economy.
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Board Bitcoin Discussion
Re: Is Bitcoin better than Fiat?
by
Philipruch
on 26/06/2021, 14:02:09 UTC
Fiat can't be compared with Bitcoin as a result of many good qualities Bitcoin has had over it which so many people who have benefited from it and still benefiting can attest to it...
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Board Bitcoin Discussion
Re: Two brothers have disappeared with $3.6 billion worth of Bitcoin
by
Philipruch
on 26/06/2021, 13:45:27 UTC
It's really a bad news to those who are victims of this tragedy and also a serious warming and experience to those who are curious to invest into crypto currency market to take mindful precautions so as to be safe in pursuing financial freedom
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Board Bitcoin Discussion
Re: Bitcoin will never be gone
by
Philipruch
on 26/06/2021, 13:18:45 UTC
in as much as currencies of every nation increases in value as well as that of other coins like Bitcoin does, then there will also be a point in time other coins that can also overtake Bitcoin will still come up, so nothing is permanent.
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Board Bitcoin Discussion
Re: How low will Bitcoin go?
by
Philipruch
on 26/06/2021, 13:04:05 UTC
The lowest price of Bitcoin can never be as low as $10k and neither can the price can also be ascertained because of it being a medium of exchange and also decentralized
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Board Bitcoin Discussion
Re: Will governments ban Bitcoin like they did with Gold?
by
Philipruch
on 25/06/2021, 17:06:59 UTC
The Ban of Bitcoin is highly difficult as long as it's regulation is not attached to government or anyone, therefore more participation should be encouraged as there is little or no fear to trade on it
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Board Bitcoin Discussion
Re: Reasons to Invest in Bitcoin??
by
Philipruch
on 25/06/2021, 16:52:18 UTC
Investing in Bitcoin is one of the best thing to do in terms of savings money and the reason is that Bitcoin is not a paper money to spoil and it adds value even while saving it, it can't be Freezed by any bank or government. Hence it should be taken as an advantage....
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Board Bitcoin Discussion
Merits 1 from 1 user
Re: I feel uncomfortable if I don’t buy
by
Philipruch
on 24/06/2021, 18:27:04 UTC
⭐ Merited by Ratimov (1)
Bitcoin is global and not also regulated by any government just like others currencies which falls and rise , Bitcoin is not also left out. however you must understand a trade you would want to venture into to be able to bear any action that could come out of it and as don't put all your assets in one trade so that you don't fall into trouble when the trade goes against you since it is what you don't have full control over
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Board Bitcoin Discussion
Re: Why are we all waiting for a certain price to sell Bitcoin?
by
Philipruch
on 24/06/2021, 18:01:29 UTC
As a bitcoinner, I believe that Bitcoin should be sold at a rate at which it should be bigger than the amount it was bought so long as one does not make any loss. Meanwhile as currencies fluctuates so also Bitcoin does so to actually turn up it should be sold at least a price higher than it was bought