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Showing 20 of 26 results by Reesefrias
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Board Economics
Re: BTC is a roller coaster
by
Reesefrias
on 04/02/2018, 13:48:35 UTC
Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?


Well, to be honest bitcoin has been a good year last 2017 and many holders and investors earn good raise of money as well, bitcoin started the 2018 with a little challenge and I can say that we need to be brave and support harder what bitcoin capable of. It's been a roller coaster ride to all cryptocurrencies as well, many holders are doing panick selling, that's why the market value is low these fays. But to be honest that bitcoin will definitely be bounce back and I can tell that bitcoin has been a strongest cryptocurrencies for how many years now and it will stand still.
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Topic
Board Speculation
Re: Bitcoin to reach $13,000 in couple of days
by
Reesefrias
on 03/02/2018, 22:55:37 UTC
With Russia welcoming crypto miners, Montana opening bitcoin mining facility, Chinese firm launching crypto wallet, Many countries continuing
to invest after hacks and launching more exchanges, Korea allowing trading again and Venezuela investing $5billion on Petro, We are about to reach
higher and higher once again. Right now its expected we will go to $13000 in a couple of days.

That's what I'm talking about! This is the year that cryptocurrencies has been embrace by different country and investments are getting higher, as we can see the economical growth of each currency worldwide, this is good news and more people will continue to believe how cryptocurrencies are good enough to invest money these days. I can tell that this currencies will give us phenomenal growth of exchanges.
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Board Economics
Re: Cryptocurrencies aren't anonymous anymore
by
Reesefrias
on 01/02/2018, 17:28:02 UTC
It is no surprise that anonymity has been leaving bitcoin. Bitcoin is not as anonymous as it used to be.

Monero the more anonymous bitcoin has been getting a lot of news as it is being used for many illegal purposes such as drugs and money laundering.

South Korea today, however, is increasing regulation on all cryptocurrency exchanges as reported by https://revoltmedia.org/south-korean-new-rules-on-cryptocurrency/.

South Korean laws passed this morning are now only letting South Korean exchanges accept users if the user has real-name bank accounts connected.

Regulations like this are the first of many soon to come that will try to take anonymity from cryptocurrency.

The South Korean government reasoning was to prevent money laundering and other illegal activities.

All cryptocurrencies are being exposed already worldwide, ever since cryptocurrencies introduced globally, it became famous in just a single snap, as you can see there are already advertisement online, media and everything, it is being investigated by all means by the government of different countries. I can tell you that cryptocurrencies has an open source already as well. It is not a secret or anonymous anymote. That's because of the power of meia and peopke who's  vulgar  giving details on it.
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Topic
Board Economics
Re: Why people says gold is better?
by
Reesefrias
on 31/01/2018, 17:45:42 UTC
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Gold is different from bitcoin and we all know that  to be honest cryptocurrencies is a digital currency that can be earn conveniently and easy unlike gold, it wil depeds on the gold value, many people are still investing to gold simply because that's supported by some other government and it has a value of time, just like other a house and lot, the more you invest in time the more you will earn. Gold is more classy look and more people knows and what gold capable is unlike bitcoin, many people stil don't know it.
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Re: Bitcoin is not gambling
by
Reesefrias
on 30/01/2018, 17:19:05 UTC
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.

That's the bad side of medi these days, many people still don't know. How bitcoin really works, as we can see the trend of bitcoin these past few weeks is been up and down, many of this people have a bad image because how bitcoin traders, miners can earn so much money using internet conveniently and easy. Thus media people still adding up there clouded thoughts about bitcoin. To be hinesr it's not gambling, it's a way lot different to trading and mining, your investment is time and risk of trusting your money will take increase of asset. Bitcoin is not gambling, it is good way to earn money without evolving killing and crime, or any type of illegal activities
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Topic
Board Bitcoin Discussion
Re: You can actually buy a lot of things with Bitcoin
by
Reesefrias
on 28/01/2018, 01:32:11 UTC
Bitcoin is just a virtual currency, but it is used as real money to buy many things. There are many people who accept Bitcoin payments for items, including online stores and regular stores. Popular online stores accept Bitcoins including Newegg, Overstock, Microsoft, Dell and more.

In the United States, there are Reeds Jewelers, One Shot Hotels, Holiday Inn, and even pizza locations, restaurants and more. You can even use Bitcoin to buy addictive drugs, gambling, bullion, or even donate to charity. This is the reason why I like BTC.

Bitcoin is really a good currency in this world already, imagine the value of bitcoin has been already raise uproof and many traders who  are really rich now, one of my friend got his first trade here in bitcoin and it's just like wow! I wish I can have bitcoin as well, transactions from different store, accepts btc trade, there is really lots of things how bitcoin influence younger generation, you can buy your own stuff without any hesitation, with hindrance to buy it. That's how bitcoin works.  
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Topic
Board Economics
Re: why do people agree to pay taxes?
by
Reesefrias
on 24/01/2018, 11:24:11 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.

Well that's really interesting question.. To be honest taxes are funds that are giving the government to perform public services, roads, medical, education, program for a cause and lot more. To be honest tax is one of the most powerful drive that makes a country move forward, it's a mandatory law thatbeveryone needs to pay base on their monthly salary.
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Board Speculation
Re: Bitcoin prices dropped, should you buy?
by
Reesefrias
on 20/01/2018, 18:31:51 UTC
If you believe in the potential of Bitcoin and appreciate the advice of experts, you should not be too worried when the price of Bitcoin down but the fun again right. At reduced prices you can use cash to buy more at cheaper rates. when each Bitcoin increase too much or too deep, it is not too worried. Because I knows the potential of Bitcoin is how big. How about you? Please comment below and do not forget to share the article if it is useful.
BTC BTC BTC Smiley




Well to be honest it's good to invest your money when bitcoin price drops off. As we all know that btc is one of the most well known cryptocurrencies worlwide. This is the good time to buy bitcoin while it's below range of true value of bitcoin. Invest while it's not yet over.
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Board Economics
Re: 1Bitcoin as a gift from someone
by
Reesefrias
on 17/01/2018, 21:23:38 UTC
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?

I will definitely keep that bitcoin, I will gladly wait to make that an good investment for the mean time. Rushing things will not help you at all. Think twice first even bitcoin has good exchange.
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Topic
Board Bitcoin Discussion
Re: Ever dreamed about Bitcoin?
by
Reesefrias
on 17/01/2018, 21:14:54 UTC
Have you dreamed about Bitcoin before? Well, recently I dreamed that someone sent me 5 BTC to my Mycelium wallet. I told my friend (in the dream) that those Bitcoin worth around 3000 USD. If that was true ... One Bitcoin is equal to 600 USD in my dream.

Well, I hope the dream come true one day - be it free 5 BTC or 600 USD per Bitcoin.

Definitely yes! Everyone wants to dream about bitcoin and make it a reality to have a good amonut of money. Rest assured that this will be a good dream.
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Board Economics
Re: how can bitcoin help the community?
by
Reesefrias
on 17/01/2018, 11:39:20 UTC
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.

It will bw a big help especially to those whobdont have any stable job as of the moment, it helps people to earn money legally on the firat place without any harm involve.
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Board Bitcoin Discussion
Re: Bitcoin to eliminate unemployment.
by
Reesefrias
on 16/01/2018, 17:02:42 UTC
Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.

Well to be honest bitcoin stuff was a good value of money in exchange and most of traders/miners are currently employed, but for me I would not risk my current job beacuse of bitcoin only,  employment is forever and thats a monthly income, bitcoin is good but i will not lose mt current job for this. Bitcoin is a good way foe another source of money, but for that. Bitcoin should not terminate employees.
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Board Speculation
Re: Could we expect more years like "2017"?
by
Reesefrias
on 12/01/2018, 05:38:56 UTC
We all know that this year we experienced bitcoin surging up so high from $1k in January then on this month of December it almost touch up to $20k. So, do we have to expect more on Bitcoin just like this in the coming years that will go through?

For me I think I will be positive as this years has and hold the Bitcoin that I have right now.

2018 will the year when bitcoin will reach the top value of this generation. Most people are investing now worldwide. I can higjly predict that this bitcoin will be a good year for all holders there.. One day you're broke, tommorow you're billionaire, welcome 2018
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Topic
Board Economics
Re: Being a Smart Person or Strategic
by
Reesefrias
on 10/01/2018, 16:24:47 UTC
I think there are different kinds of smarts, and ultimately it comes down to your goals. Someone who is a mathematical genius may not be 'smart' with their money, and could end up broke.

I guess on my own understanding that both are needs in terms of different aspects. For strategic perspective, not all the time you will be smart enough to do what's needs to be done., it's just like playing basketball and your athletic however you can't shooot the ball. Vice versa with being  a smart person. You should balance etiquette between two. You should now when and where you will apply it.
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Topic
Board Economics
Re: Will there ever be a Bitcoin Bank
by
Reesefrias
on 09/01/2018, 16:57:43 UTC
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.

I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.

Having a bitcoin bank would be great but it is really far from reality since most of the banks here in our era is against botcoin thing, their allergic about this stuff knowing bitcoin is very good source of income already.  They think accepting the bitcoin on their bank would be a way to close the business, but in fact bitcoin is one of the most high value of money these days. So having a bitcoin bank would be a long procedure since it will require clear explanation why it has a bank for bitcoin. Far from reality but possible in future. Imposaible because it needs to be validate by the company first. 
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Topic
Board Bitcoin Discussion
Re: What is BTC for you?
by
Reesefrias
on 07/01/2018, 12:39:01 UTC
What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?

On own understanding, BTC is one of the most popular cryptocurrencies here in our generation, I can say BTC will be the one to save our financial freedom, BTC helps us to be a good thinker and helps to think best most of time. Btc is more than money, I guess bitcoin has good influence to all people out there. 
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Topic
Board Bitcoin Discussion
Re: Bitcoin expectation $25000+
by
Reesefrias
on 06/01/2018, 21:33:00 UTC
Even in the event that the market goes down, Bitcoin remains a safer option than other cryptocurrencies. For the record, this means I am NOT selling Bitcoin at $17k anymore. In the event of a continued cryptocurrency bull run, Bitcoin is well positioned against other cryptocurrencies and could easily see $20k+ soon. What are your thoughts?

Technically speaking that bitcoin is the safest crypto currencies that we have right now, imagine bitcoin already have the longest year and still standing cryptocurrencies that we have,  I believe bitcoin can reach this $20,000 and plus value, people will have high demand so that the rate will go higher and higher. 2018 will be one of the best year to all bitcoin holders.
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Topic
Board Bitcoin Discussion
Re: Sell your house for investment in btc.
by
Reesefrias
on 05/01/2018, 00:38:57 UTC
Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.


would you try this technique.

I won't do that, selling your house just to invest to bitcoin is not advisable, it's too risky. I RATHER have patience trading it or mining it. No one knows if bitcoin will have a good price in the future. Bitcoin is good but having a house is more than that.
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Topic
Board Economics
Re: 1Bitcoin as a gift from someone
by
Reesefrias
on 02/01/2018, 16:38:23 UTC
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?

Very interesting question, if I were given a chance to have 1 Btc, I would simply hold it and wait until the price would get higher, as we all know that 1 btc cost tons of dollars already. I will keep it and make sure to sell it on a good price and perfect timing. All I can say is hold it.
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Topic
Board Bitcoin Discussion
Re: Fear of bitcoin
by
Reesefrias
on 30/12/2017, 16:39:22 UTC
Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.

People worldwide nowadays don't know what's the good stuff and deals about bitcoin, they will crash bitcoin because they don't have this, they're to late already to invest beacuse it's already high profit.