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Showing 20 of 339 results by Pinoyfan
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Board Bitcoin Discussion
Re: Bitcoin is the world’s 6th largest currency
by
Pinoyfan
on 21/08/2018, 17:13:43 UTC
Bitcoin is the world’s 6th largest currency. These figures are noteworthy, but if the value of a single Bitcoin goes up to $15,000, India’s currency Rupee will pass. Ethereum ranked 17th and Bitcoin Cash ranked 20th. Ripple is located just below 20.
How many years Bitcoin will need to become No.1 ?

There are so many discussions going on around the bitcoin that sooner or later everyone would want to enjoy those opportunities that it suggests. We just need to cope with all fake news that mass media keeps spreading about the bitcoin.
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Board Economics
Re: Beside Cryptocurrenices where would you invest?
by
Pinoyfan
on 19/08/2018, 09:55:34 UTC
A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input
If I already have a lot of money I'll invest in a real estate or an industrial company by buying stocks, I'm the one who will not keep quiet if I already invest, so I'm not so fond of buying gold, I'm sure experience can help me in navigating this life, but so far I really like to be in cryptocurrency.
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Board Economics
Re: why do people agree to pay taxes?
by
Pinoyfan
on 18/08/2018, 10:54:40 UTC
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
Because there is nothing wrong with the idea of taxes , it helps develop the country . People are pissed of at paying taxes because they see there money being thrown away in useless projects . If my tax money goes to the right thing i have no problems paying taxes and i'll do it happily.
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Board Bitcoin Discussion
Re: Bitcoin and altcoin: Who will take control of the market?
by
Pinoyfan
on 17/08/2018, 09:12:02 UTC
In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.

However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.

This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.

Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.

it depends on how the exchange place concept, if the exchange place has a concept for trading that focuses on bitcoin of course bitcoin will control the market, but if the concept is altcoin then altcoin that will control the market.
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Board Bitcoin Discussion
Re: Don't worry, Bitcoin will be fine.
by
Pinoyfan
on 16/08/2018, 04:04:18 UTC
and yes i have a strong faith that bitcoin will go increase more soon or in the future because if you seee the value of bitcoin before its to much low than now so i think if bitcoin goes down a lot buy  more because this is good opportunity once in a life time
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Board Economics
Re: Why the price of bitcoin rapidly going down
by
Pinoyfan
on 15/08/2018, 01:08:50 UTC
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
I think bitcoin prices are going down rapidly due to the impact of the economy. The world economy is going down and the number of people buying bitcoin is less. This makes the bitcoin prices drop sharply. Many large corporations do not want to invest in bitcoin making it drastically reduced.
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Board Trading Discussion
Re: Is it a good time to start buying bitcoins?
by
Pinoyfan
on 14/08/2018, 12:28:39 UTC
Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
Yes, now is the best time to buy bitcoin. because the price is still in a cheap state and there has been no change in the increase.
if you have a lot of capital, try to buy as much as you can and hold the wait for bitcoin the price goes back up.
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Board Bitcoin Discussion
Re: What factors scare others from investing into bitcoin?
by
Pinoyfan
on 14/08/2018, 07:27:42 UTC
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
no one dared to invest their money in a risky business that does not have enough legality to protect by the government, the rule does not apply, If only bitcoin has the same exchange rate as gold maybe many people are willing to invest their money into Bitcoin.
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Board Bitcoin Discussion
Re: Bitcoin become an asset
by
Pinoyfan
on 14/08/2018, 06:12:16 UTC
https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

i think bitcoin is both an asset and a currency. What some people who see it merely as digital gold are failing to take into account is that once the Lightning Network is fully rolled out, microtransactions with bitcoin will once again be possible.
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Board Bitcoin Discussion
Re: Bitcoin failed as a currency
by
Pinoyfan
on 13/08/2018, 11:28:08 UTC
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

for me yes because bitcoin is not stable the value of it is always changing every minutes so i think this is a type og investment or i can say that this is like a gold because whem the supply is near to reach the demand will go high and the price will go up more.
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Board Bitcoin Discussion
Re: Bitcoin has no competition
by
Pinoyfan
on 13/08/2018, 04:38:22 UTC
All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.

Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.

Let's continue then our path towards inevitable triumph.
At the moment Bitcoin doesn't have some serious competition among cryptocurrencies although there are many attempts some very ambitious. But in many ways Bitcoin still can't compete with fiat currencies and there is the space for progress. Gold is also the kind of competition so that is also one thing we have to have in mind.
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Board Bitcoin Discussion
Re: How do you view the Crypto space this year 2018?
by
Pinoyfan
on 12/08/2018, 05:10:54 UTC
There are some good reasons to believe 2018 is going to be an even greater year than its passed years. But sometimes checking the coinmarketcap everyday someone will be discouraged because of the red colors we see. Even Bitcoin going up and down, And has not cross $12k.
So what is you opinion about Crypto Space this year 2018 particularly Bitcoin?
i am sure that its getting more excited not than 2017 just watch in ber monnths  or january 2019  maybe it is so crazy because the bottom is nearly end and we will seee the big big pump so if i am you? buy a. lot of cryptos or bitcoins now.
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Board Economics
Re: What will happen to bitcoin?
by
Pinoyfan
on 11/08/2018, 09:54:30 UTC
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
it looks like this is a very normal movement because bitcoin moves up and down, if you can see the graphs then bitcoin when January to July usually bitcoin entering a down trend after it enters the bitcoin year-end phase will be very expensive.
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Board Economics
Re: Why lot of countries do not allow to use Crpto?
by
Pinoyfan
on 11/08/2018, 08:25:51 UTC
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
not in country but i can say that they goverment didnt  want cryptocurrency and maybe because of the manipulation and goverments scared about that because theres a lot of people like newbies will going to loss money if they didnt know all about crypto and the big risk in here.
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Board Bitcoin Discussion
Re: Is it too late to invest in bitcoin? Is it a bubble?
by
Pinoyfan
on 10/08/2018, 10:47:32 UTC
The answer is: NO

You’re not the only one who has this feeling. As someone who got into cryptocurrencies 2.5 years ago (It also seemed too late back then), I think you shouldn't spend your timing regretting on opportunities you missed.

Instead, you should make your first step ASAP and learn by getting involved.



 What should you do?

 
Stay tuned - Read a lot about the different cryptocurrencies and try to catch up with the latest news.

 
Know where you are at - Try to understand how this market works and the main technology behind it Understand the Blockchain in Two Minutes

 
Trust yourself - 90% of what you read on the internet is bullshit, follow your instincts.

 
Learn the basics of technical analysis  Crypto Investor's Guides - CryptoPotato

 

I hope it helps,
GuerrillaBuzz
It's definitely not too late if you are here for a long time, crypto is going to stay and blockchain will be used a lot in the future that's why i am still in crypto. I think crypto bubble has popped last january and we are in recovering phase post crash. It's nice to see few resistance getting broken lately and i hope this positive vibe will last until the end of the year.
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Board Economics
Re: bitcoin in developing countries
by
Pinoyfan
on 10/08/2018, 08:45:53 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?
It must be acknowledged that the increasing number of bitcoin users globally and seemingly unstoppable hence this makes many countries prepare various regulation about bitcoin, I'm happy because now my country is making regulations regulating ICO and trading cryptocurrency so as to make assurance that bitcoin can survive and increasingly popular .
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Board Economics
Re: Choosing the one | What I think! - Real Job or Full Time Crypto!
by
Pinoyfan
on 09/08/2018, 18:05:13 UTC
If you have a job permanently and you earn a bitcoin you do not have to choose where you give the 100% time you still have a job that you have to hold on and just treat bitcoin as your sideline because of bitcoin not all of your time it's going down here. At bitcoin no one knows if it's for lifetime or if it's going to end and if this happens you still have a job but hopefully bitcoin will not end coz it is helpful.
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Board Speculation
Re: I confirm my forecast - $100k by 2019 for 1 BTС
by
Pinoyfan
on 09/08/2018, 16:49:23 UTC
$100k by 2019 for 1 BTC

Hey! Cheesy
 Now I will write for someone a shocking thought. Back in December 2017, I wrote that by 2019 the price of the first coin would be about 100,000 dollars.
However, at that time there was a "bullish" December.
However, and now I confirm my previous forecast - $ 100,000 (+/- 20,000) in 2019 for 1 BTC

Now, let me remind you, the price of a Bitcoin equals "only" 6500

Let this message "stay" here. Only 4 months left.
And what do you think about it?
Thank you!
#Bitcoinprice2019
hopefully but we are not whales sir because only whales know all about what and when bitocins hits 100 k usd so for now i believe so i have a faith that bitcoin will reach that soon so i want to hold by bitcoins until bitcoins hit that value and and i also want to get some cryptocurrency because i know that this is worth it.
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Board Economics
Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
by
Pinoyfan
on 08/08/2018, 12:09:59 UTC
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
for me i prefer to earn a lot of bitcoins because the value of bitcoins now is too low and i believe that it. will pump more and. more in the future becuase this cryptocurrency have a real potential in ou economy it helps a lot of. companies.
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Board Economics
Re: Why spend time in bitcoins?
by
Pinoyfan
on 08/08/2018, 06:34:30 UTC
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
its more good to spend a lot of time in bitcoin because this is so very worth it if you know how to get small profit in just a day or hours i think you will get a good income eeveryday and its more good than regular job but its to risky.