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Showing 20 of 39 results by Sofak
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Topic
Board Speculation
Re: Has Bitcoin reached its goal?
by
Sofak
on 23/08/2018, 00:24:58 UTC
I really do not think that bitcoin has achieved its goal because some countries do not accept bitcoin as a currency or some other factors also exist such as fraud and false news about bitcoin on the market that stops the goal of reaching the goal of becoming a digital currency worldwide . In my opinion, Bitcoin will achieve its goal as soon as Bitcoin's popularity increases day by day and some countries are starting to accept it, countries like Swaziland are now accepting Bitcoin as tuition fees which is the first step the country has taken and I feel that other countries will also start accepting Bitcoin and that is the time when Bitcoin reaches its destination.
Post
Topic
Board Bitcoin Discussion
Re: Crypto is For Risk Takers
by
Sofak
on 23/08/2018, 00:22:54 UTC
if you don't want to take risks, I doubt if you can make more in life. You see everyone getting the millions you see today they have one way or many things that are risky in their lives. Likewise Crypto also involves risks. sometimes you get sometimes you lose. people who spread FUD are those who don't invest because no one will invest and want to lose. This happens to be one of the qiuet moments for all crypto investors but we don't need to worry about continuing to hold your coins but never forget the lessons you have learned.
Post
Topic
Board Bitcoin Discussion
Re: BITCOIN won't die, period.
by
Sofak
on 08/08/2018, 15:00:36 UTC
Bitcoin has gained enough popularity as an investment medium. Now it's time to get utilities. Many new ICOs carry ways to use cryptos to make transactions in everyday life, namely to buy and sell items that are used daily. Many utility cards like that are available now. Now depends on the merchant to start accepting it. This is increasing day by day and hence, Bitcoin will not die anytime soon but will get more popularity.
Post
Topic
Board Bitcoin Discussion
Re: How foolish are people who invest in Bitcoin?
by
Sofak
on 07/08/2018, 09:09:02 UTC
Investing in bitcoin is not a wrong choice, it's not a stupid choice. Actually, it's a good choice. Investors are increasing because they want to get more money than before. They want to earn extra income. We are all like that. You know, investment comes with risk. You must be a risk taker to get more money. This is like entrepreneurship. But the question is, "Who is really stupid who invests in bitcoin? The answer is simple. The greedy ones who invest almost half of their income in their work are only to invest here. It's not bad to invest but if you use all your money, you will lose everything, investment is only done if you have extra money that does not affect your daily expenses.
Post
Topic
Board Bitcoin Discussion
Re: Is CHINA CONTROLLING Bitcoin?
by
Sofak
on 21/06/2018, 03:09:43 UTC
China's stock exchange reported 98% of global volume. It shows great dominance by the Chinese market, right ??
The counterfeit is unlike the rest of the world, the chinse exchange is unique because they do not charge a trade, but they make money from withdrawal fees from exchange, this cost decreases as your trading volume increases so this gives incentives to traders to increase their trading volume from buying & sell from their own at a zero cost. be smart and not greedy! Like the EU & US exchanges where you need a stack of capital to minimize trade costs
Post
Topic
Board Bounties (Altcoins)
Re: 🌏🕵🏻🔍 [BOUNTY] ⚡⚡ Global SPY Platform for CRYPTO ⚡⚡ GlobalSPY.eu 🌏🕵🏻🔍
by
Sofak
on 01/04/2018, 16:41:43 UTC
Post
Topic
Board Bounties (Altcoins)
Re: 🌏🕵🏻🔍 [BOUNTY] ⚡⚡ Global SPY Platform for CRYPTO ⚡⚡ GlobalSPY.eu 🌏🕵🏻🔍
by
Sofak
on 25/03/2018, 17:00:21 UTC
Post
Topic
Board Speculation
Re: what you think about bitcoin in like 5 years?
by
Sofak
on 13/02/2018, 14:35:44 UTC
Five years is not too long in the crypto market but I think the market will rally a bit and then become stable. I hope the bitcoin price will rise beyond 5k USD and hope it happens next year. There is always a growing trend in receiving blockchain-based technology and funded projects often make headlines. So one can assume that crypto market will rise much in the future
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
Sofak
on 13/02/2018, 14:31:37 UTC
the idea is not new, especially to bound Fiat unlimited because bitcoin does not make sense, this platform is only intended for translation and to embrace the core expressed in recent years, thesis besides the regular translation from wallet to wallet, you will need it. SUSE still creates additional tools that will grow around the block of bitcoin to be done with complicated and confusing, and it is recommended to make some special blocks of cryptogenes that are proportional to their price (talking about fans of blockballs and free software) but talking about public research, which started flashing in the news, I think that after taking the case of this blockchain under control (direct control of the bank), and bitcoin can do no experimental research anymore, leaving enthusiasm without the right to create crypto money. , but to engage in the creation of blockchain as software
Post
Topic
Board Bitcoin Discussion
Re: Is It advisable to quit my present job for bitcoin?
by
Sofak
on 13/02/2018, 14:29:39 UTC
it depends on what kind of work you are doing right now. If your work is enough for your treatment, I would advise not to quit your job.
You can do work and bundle. it's risky to stop working for bitcoin. now you have a steady income but bitcoin can not give you that. bitcoin will give more or less. Not a good decision to stop working because of less experience, take your time. not knowing what will happen tomorrow will be better if you do your work and invest bitcoin simultaneously.
Post
Topic
Board Bitcoin Discussion
Re: The future of Bitcoin
by
Sofak
on 13/02/2018, 14:27:39 UTC
Bitcoin has a future (unlike the many pumped altques we see lately).
There is a large smallcoin community and will help increase popularity if nothing is devastating.
I'm not sure what will happen when the solved block rate begins to decrease.
Of all I know transactions are confirmed when implemented into new blocks.
If the time between the blocks is too high, people may lose interest because their deals are too long.
But when this scenario will start to have an effect I do not know.
Post
Topic
Board Bitcoin Discussion
Re: How did you first hear about bitcoin?
by
Sofak
on 13/02/2018, 14:20:21 UTC
In my case, my brother introduced Bitcoin to me. At first, I was not very interested. I do not even know what bitcoin is and its use. Until he shows me his account shows his earnings. Then I was like, "where did you get that? How?" So he started teaching me and even created my own account to practice while I bombarded him with the many questions he answered patiently. I even told him to get me a video tutorial for me to learn. And now here I get my own piece of bitcoin. At the same time, I continue to learn more about bitcoin by researching more deeply. And I can not be happier to see my thanks to him.