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Showing 20 of 115 results by Rakesh_alejandro
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Board Bitcoin Discussion
Re: BITCOIN is FUTURE !!!
by
Rakesh_alejandro
on 17/07/2018, 13:20:34 UTC
I think, our future growth is not possible without Bitcoin. Bitcoin is the gold of the future.
and Day by Day Bitcoin Market is getting bigger. It has increased the price. Bitcoin is accepted by most countries. most online stores, websites accept Bitcoin. Bitcoin transactions are safe and easy. Doubtless Bitcoin is the future
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Topic
Board Speculation
Re: How long will the bear market last?
by
Rakesh_alejandro
on 16/07/2018, 18:14:59 UTC
I think We all know that bear market will bring cheaper coins because the majority will still wait for further price declines. Considered this trend as an opportunity to meet our respective savings.
Remember that there is always an end to every trend, either for bullish or bearish, so better be prepared.
Because There is no way we can know when the actual time or closed that the bearish market will survive. This is how unpredictable markets make it riskier. Instead of thinking when the bearish market will end, let's find a way to take advantage of this situation for our benefit. do not panic
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Topic
Board Economics
Re: Bitcoin price "drop"
by
Rakesh_alejandro
on 16/07/2018, 18:04:44 UTC
I am looking into Bitcoin since its price was $ 900. and finally bought a part of bitcoin when it hit 2500 $ . and then it jumped to around $ 20000 very inorganically atleast i think so. so , for me this price drop is normal.




I think before February is over I know that bitcoin will rise again and will always be green in the market. And this time period I can see that bitcoin makes some adjustments and they are now up and I hope that they will continue to make such improvements and lets just help them to rise. Let's invest again and believe it better than saying it's just a scam. Because Bitcoin is falling for an unknown reason but I'm sure that it will only take months before they will recover.
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Topic
Board Bitcoin Discussion
Re: Do you actually use Bitcoin?
by
Rakesh_alejandro
on 16/07/2018, 17:56:12 UTC
I think there are some people who will exchange their bitcoin and altcoin with their own fiat money to pay their bills. This may not be directly from cryptocurrency to traders but at least on the same track. It is only a matter of time until some merchants receive cryptocurrency, then everyone will be able to use their coins.
And it's true most people do not use their Bitcoin and most likely it's because in their country can not use it.
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Topic
Board Economics
Re: Making crypto succeed in the real world?
by
Rakesh_alejandro
on 15/07/2018, 18:28:27 UTC
I think For customers it is hard to wait in the coffee shop until they get enough confirmation of the bitcoin process. So there are none but many problems in using this currency. Until the moment we do not see a big preparation for this we can not see any progress as a whole. So there is no provision for this purpose and that is why they may not just accept it easily.
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Board Bitcoin Discussion
Re: What factors scare others from investing into bitcoin?
by
Rakesh_alejandro
on 15/07/2018, 18:22:04 UTC
I think It does not matter whether Bitcoin is legalized around the world or not, because people want to buy Bitcoin for fiat currency in the country where they live. I can not call this factor fear. It's just careful to avoid potential losses.
I think People will re-invest in Bitcoin when the price is growing and thus they usually buy crypto currency at high levels. After that, big investors throw away their coins, therefore ordinary holders keep losses.
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Topic
Board Economics
Re: Do you approve this strategy: sell alts buy btc?
by
Rakesh_alejandro
on 15/07/2018, 18:16:47 UTC
I'm currently freezing my account. I will not buy or sell during this time. This only makes me lose more money.


I actually plan to sell all of my altcoins and convert them to bitcoins and just hold them until the end time I can say this is the amount I'm targeting.
It really depends if you are thorough and want to make sure your money is in the right coin.
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Board Bitcoin Discussion
Re: Bitcoin failed as a currency
by
Rakesh_alejandro
on 15/07/2018, 18:10:45 UTC
maybe bitcoin can not be money only in some countries only. but in certain countries bitcoin can already be used like paper currency.  i believe that one day bitcoin users will beat all payment systems like paypal...


I believe that when Bitcoin is used as a practical currency beyond speculators, volatility will decrease.
And Volatility in Bitcoin is something of a concern for something that is meant to be a store of value. However, the simple fact is that it was bought for speculation, and not as a store of value or a medium of exchange. The number of speculators dwarfs the number of people who buy Bitcoin for some practical use. Speculation is suitable for fast buying and selling moves, while people who really use currency depend on it.
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Topic
Board Bitcoin Discussion
Re: Do you think that other coins move faster?
by
Rakesh_alejandro
on 10/07/2018, 14:51:26 UTC
I think not, bitcoin seems to move slowly because bitcoin has soared and fallen. So even though bitcoin moves, people will only see it as slow motion because in fact they can not wait to see the bitcoin soar again.
Altcoin can continue to grow but most of them just pump and die.





I think Bitcoin is the number one coin but sometimes the transaction is too slow the good news is the bitcoin value that can increase in a few weeks. I know that bitcoin is the strongest coin in the crypto industry, We'll see better bitcoin improvement and future.
And So many coins in the cryptocurrency industry
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Topic
Board Speculation
Re: Bitcoin Future...?
by
Rakesh_alejandro
on 10/07/2018, 05:35:32 UTC
The price of most crypto currency is not stable now, as now people only learn about the new and the market and join it, which leads to a sharp rise in prices. I think that when most people join the crypto currency market, the price will be more stable.




I think if we assume that the crisis in the crypto currency market will be longer than expected, bitcoin will remain the coin with the greatest confidence so capital can move from altcoin to bitcoin and this will make it the most resilient.
If you compare with other coins, it seems to me that the future of bitcoin is the most promising.
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Topic
Board Bitcoin Discussion
Re: Bitcoin will kill itself
by
Rakesh_alejandro
on 10/07/2018, 05:29:52 UTC
Bitcoin is the most developed currency today, who use it for illegal purposes. And everyone is trying to blame the bitcoin just to blame him. Many resources, not just cryptocurrencies




I think It has nothing to do with bitcoin. Any disturbing discoveries in human history have originally passed through this phase, as well as bitcoin. The next phase is widespread adoption!
Unfortunately, some early adopters of all new technologies have become criminals. Their activities involve high-risk operations, so they are willing to use state-of-the-art technology.
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Topic
Board Bitcoin Discussion
Re: Why Bitcoin isn't a legit currency.
by
Rakesh_alejandro
on 08/07/2018, 19:08:49 UTC
because bitcoin has not yet become taxable and the state with it is not considered and until it is perceived seriously, but it will not last long


I think there's a huge and very expensive process of tracing it, making the whole set of laws.
Bitcoin has not become a legal currency because not all countries, world bodies have accepted or recognized it. You write so much and how you fail to understand that this coin can not be controlled by anyone, nobody can manipulate it and most of all governments can not know who owns it or make you pay taxes.
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Topic
Board Bitcoin Discussion
Re: Can we make sure that our money we invest in Bitcoin is safe?
by
Rakesh_alejandro
on 08/07/2018, 19:03:46 UTC
First, no investment is “safe.” Companies can fail, interest rates can change, credit ratings can tank, regulations can shift and demand can drop off all before the sun sets today. Second, the price of bitcoin is extremely volatile. Volatility begets risk, and “risky” is the opposite of “safe.”




I think Learning first before investing because if we already invest and we realize that we do not want a business like this we will waste our time and money. Bitcoin has an unstable price and in this case we may lose a lot of money.
We can not really believe in investing even in other businesses. Investment and business always have risks. Before we invested in something we had to know what we were doing. We have to learn before joining invest. We do not need to rush just because we heard that this investment is a good investment. Always remember that the hardest thing to give is trust and always remember that we not only invest money but also time, effort and patience.
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Topic
Board Speculation
Re: Curiosity of bitcoin prices in the future
by
Rakesh_alejandro
on 07/07/2018, 19:32:41 UTC
There is no certainty for now as to how bitcoin price will fare in future. One thing I am quite sure is that the price will become more stable and less volatile in future.




I think There are many objective reasons for this. By the end of the year, many countries will adopt laws to regulate bitcoin and cryptocurrency.
this figure will be in 2018. It's hard to say for sure, but I think that in the 4th quarter there will be rapid growth and the price can even jump beyond the amount you specify.
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Topic
Board Economics
Re: When will people feel comfortable using BTC ?
by
Rakesh_alejandro
on 03/07/2018, 14:09:59 UTC
I don't think that point will come anytime soon. The majority of public will consider it as an investment, so I don't think we will reach that point where they will spend it in their everyday life.





I think For now I can not recommend my friends to save / use bitcoin, because showing them how to secure a wallet and use it appropriately is "mission impossible" for non technical users.
When there is a solution for the wallet that is easy to use / maintain and difficult to steal.
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Topic
Board Economics
Re: Study says being rich is determined by chance rather than intelligence or talent
by
Rakesh_alejandro
on 02/07/2018, 17:21:11 UTC
Personally my take on that is yes, it is not determined by intelligence or talent, a bit of chance I can say but  mostly it is about your attitude and determination that would make a big difference. It is not just your way to be rich but to be successful in life, I believe that the definition of success would mean different things to different people, so I believe it is all in our hands, what you did and how you did things would determine where you will be at by being motivated of the why you did it.





I think Most savvy people know what to do for the best and some of them prefer to leave the rich dreams to serve people to make a better world to live, very different when you are an ambitious person, you know chance and take whatever the consequences, just hope to have as much money as you can, which I personally do not move smart ideally.
Yes actually it should be done like that, otherwise this would sound like getting rich just about lucky or not.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
Rakesh_alejandro
on 02/07/2018, 16:57:18 UTC
Saving is one of the options available to a income earner.  These savings can be left idle in banks yielding minimal returns, which is not the best. Investments in ICO is recommended.The higher the risk associated with a venture the higher the returns. leaving money in fixed deposits is not the best. 



I think Since you can not imagine what could happen, it's better to keep your emergency fund where you can touch it physically. But it's also not good if you redeem your savings into several types of currencies that have high depreciation rates. So you should be wise with your savings.
I kind of agree with you as an emergency savings should be put in a place where there is no risk and you can easily use it anytime.
Post
Topic
Board Bitcoin Discussion
Re: Can we make sure that our money we invest in Bitcoin is safe?
by
Rakesh_alejandro
on 02/07/2018, 16:55:27 UTC
Why not.It's completely safe if you are using hardware wallet or paper wallet.I'm not recommending desktop wallet as safe.Im using hardware wallets.If you're store your private keys,passwords on your pc,mobile or in web.It's a good chance for hackers.




I think Learning first before investing because if we already invest and we realize that we do not want a business like this we will waste our time and money. Bitcoin has an unstable price and in this case we may lose a lot of money.
We can not really believe in investing even in other businesses. Investment and business always have risks. Before we invested in something we had to know what we were doing. We have to learn before joining invest. We do not need to rush just because we heard that this investment is a good investment. Always remember that the hardest thing to give is trust and always remember that we not only invest money but also time, effort and patience.
Post
Topic
Board Economics
Re: Factors that affects the value of bitcoin...
by
Rakesh_alejandro
on 02/07/2018, 16:49:01 UTC
Level of demand. At present demand of bitcoin is based on the exchange trading. We need to start significant trading of goods and service that to go beyond is it.



I think there are a lot of scammers out there who use bitcoin as their presentation that's why people do not trust bitcoin for this reason.
I think one factor that could affect bitcoin prices is bad news or FUD who can sell their bitcoin because they think that bitcoin prices will go down and another factor is there are some groups of pumps and dumps that can manipulate bitcoin values
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Topic
Board Bitcoin Discussion
Re: How did you recover from your loss in bitcoin investment?
by
Rakesh_alejandro
on 02/07/2018, 16:42:58 UTC
If you lost your Bitcoin before so only one way to recover your loss that is hold. If you want to recover your loss you need to hold your Bitcoin for a long time otherwise you can't recover your Bitcoin.





A few years ago, I invested in a certain coin that expects a profit in 4 months but in the next week after investment, the price drops by more than 30% but I remain confident with my investment so I ignore it and in the same few months the coin is done very well and not only recover a 30% loss but gain 10 to 15% profit. My point of entry is wrong but still, I have confidence in my research.
The lesser known fact about losses is that losses are not actual losses unless we take them and hence if the investor has confidence in his investment then he can make a profit even by holding it alone (that's the hard part).