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Showing 20 of 187 results by Soul Reaper
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Topic
Board Bitcoin Discussion
Re: What impresses you the most about Bitcoin?
by
Soul Reaper
on 28/12/2017, 08:51:19 UTC
Different people have have different intrests so their love fir bitcoin is because of a certain reason.
Many people often relate their love for bitcoin due to high cost which is consistently increasing cost.
But in my case it is not the case.
I like it because it is decentralised i.e no third party involved between 2 traders.
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Topic
Board Bitcoin Discussion
Re: How long bitcoin will survive ?
by
Soul Reaper
on 28/12/2017, 07:43:57 UTC
Bitcoins will definitely survive for good and advance the world.
From bieng rejected as a mode of payment at a pizza parlour 8 years ago,
The journed of bitcoin has been indeed illustrious.
Now a days people can do what not with a bitcoin from doing mobile topups to purchasing games or online shopping cupons now it is even becoming a successful mode of payment.
These trends will increase with time fir sure
As the number of people starting to invest in it has been exponential.
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Topic
Board Bitcoin Discussion
Re: What is the easiest way to help grow Bitcoin?
by
Soul Reaper
on 28/12/2017, 05:56:57 UTC
This is a general principle in any marketing strategy that the growth rates of
stocks ,shares ,currencies are directly affected by the number of investments by people in that unit.
This is because as more people invest its demand in market increases and hence we see a price rise.
Same is the case with bitcoins.
So easiest way help bitcoin grow is by investing in it.
Even small amounts would do.
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Topic
Board Bitcoin Discussion
Re: Optimistic for 2018?
by
Soul Reaper
on 28/12/2017, 04:17:03 UTC
Yeah bieng optimistic is really good and it reflects a lot of positivity in our mindset.
2017 was great for bitcoin,
At the start of the year it was a mear 1000 dollars and now we all see it has reached such great heights.
I I ink by the end of 2018 bitcoin will reach 200000 $
Also altcoins like ether may reach 10000$ benchmark by the end of 2018.
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Topic
Board Bitcoin Discussion
Re: ☘☘☘ Futures Will Increase The Volatility Of Bitcoin ☘☘☘
by
Soul Reaper
on 28/12/2017, 04:12:21 UTC
Considering the rapid growth of bitcoin definitely bitcoin has a very bright future.
Its growth rates and number of users have increased rapid ly in past couple of years.
But i think that someday there will be definitely a downfall of bitcoin as,
Mining it requires a lot of energy causing a lot of environmental degradation.
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Topic
Board Bitcoin Discussion
Re: Which Investment Type do you Prefer???
by
Soul Reaper
on 27/12/2017, 13:37:49 UTC
Every investment is a gamble. Pure gambling is just raw luck, so if I do it I only do it for fun and in small amounts. So I would prefeer to invest in something that I think is undervalued because of reasons, like a solid project such as Maidsafe, which I think is severely undervalued at the moment.
There are few alts investing money at, but few I think are undervalued, which can lead to good profit in the future.
Yeah you are right.
Every investment is like a gamble and involves a lot of risk.
Just the difference is that pure gambling is total luck while investing wisely is a calculated risk.
We see Warren buffet is a pure success example of taking calculated risk.
So I usually prefer investing rather than gambling.
Investion in crypto currency is a wise option.
Post
Topic
Board Economics
Re: How do you see the bitcoin economy 10 years from now?
by
Soul Reaper
on 27/12/2017, 13:31:43 UTC
Definitely it will be  much higher than the current situation.
You must buy some ALTs as well because they are relatively cheap and would probably go up in future .
If you buy many of them them now they will benefit you in future.
Just think of those who invesTed in bitcoin 4-5 years ago
They may be millionaires now.
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Topic
Board Services
Re: [Signature Campaign][ICO] AiDoc | Small Signature Campaign | Last Legend Left
by
Soul Reaper
on 24/12/2017, 11:34:29 UTC
Bitcointalk username: Soul Reaper
Rank: full member
Current post count: 193
Bitcoin address: 1KTPsAtDRPUEVgpDYN1Z3HR7CuYcwkP6ds
Wear approprite signature: yes
Post
Topic
Board Bitcoin Discussion
Re: Are The Banks Scared of Bitcoin?
by
Soul Reaper
on 24/12/2017, 08:35:53 UTC
Banks and bitcoins are incomparable fields.
Banks have a different vision than bitcoin
As of now, no bank has started accepting bitcoin as currency.
But Bank of America has seen it as potential currency of future. This is an optimistic gesture.
However, some associations across the world have opened bitcoin ATM, where such transactions are entertained.

Post
Topic
Board Bitcoin Discussion
Re: Does any bank accept Bitcoin?
by
Soul Reaper
on 09/05/2017, 15:03:19 UTC
As of now, no bank has started accepting bitcoin as currency.
But Bank of America has seen it as potential currency of future. This is an optimistic gesture.
However, some associations across the world have opened bitcoin ATM, where such transactions are entertained.
Post
Topic
Board Bitcoin Discussion
Re: What are your thoughts for Bitcoin in 2017?
by
Soul Reaper
on 09/05/2017, 14:56:26 UTC
Bitcoin as virtual currency will see very high appreciation in 2017.
There will be great rush to purchase it from all the sources.
Most of the online and wallet transactions will be possible as it already has become a popular currency.
I hope more volumes of bitcoins will be released in 2017 to make its flow better.
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Topic
Board Bitcoin Discussion
Re: Why Cash is better than Bitcoin.
by
Soul Reaper
on 09/05/2017, 14:50:49 UTC
No, cash is not better than bitcoins because of the transection and the logistics involved in it.
Also, the cash is seen as very readily available source of transection since centuries.
So, we have a mindset of treat it as the easiest mode of trading.
The cash has universal acceptance.
Since, it is currency promoted by legal and constitutional provisions, so there is a feeling of ease in handling it.
Post
Topic
Board Bitcoin Discussion
Re: What do you think are the biggest disadvantages of Bitcoin?
by
Soul Reaper
on 09/05/2017, 12:39:33 UTC
However, bitcoins is a hot virtual currency,
But the government and banks have not accepted it as mainstream currency.
So, the bitcoins can not be traded in banks and through routine measure of currency.
We should try to pursue govt and banks to accept it as any other currency.
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin be used to support terrorists?
by
Soul Reaper
on 23/04/2017, 07:16:32 UTC
Claiming that bitcoins are totally used to support terrorists or illegal work is wrong.
Yes many might take use  advantage of bitcoins being decentralized in a negative way,
But this does not apply for all bitcoins have promoted competition among currencies.
Also many big trading Giants have already started using bitcoins.
So directly saying that bitcoins may be used to support terrorists is kinda wrong.
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Topic
Board Bitcoin Discussion
Re: How much risk in bitcoin investement ?
by
Soul Reaper
on 23/04/2017, 07:12:02 UTC
See there as such is no risk in buying 3-4 bitcoins.
This is because the value of bitcoins fluctuates around a stable value.
That is consider today's scenario the value of bitcoins is stable around 1100$ but fluctuates a bit.
So if you purchase 3-4 bitcoins and if the price rise or growth rate of BTC is slow you won't loose much.
Post
Topic
Board Speculation (Altcoins)
Re: Do you see alts have chances against Bitcoins?
by
Soul Reaper
on 17/04/2017, 17:33:37 UTC
Bitcoins I think have no competition among the alternate crypto currencies.
It is kind of a very one sided competition as no other alt currency is as famous as bitcoins.
More over bitcoins are known to most of the people but they may not recognize the alt currencies like ETH etc.
So I don't think alternate crypto currencies have any chances against bitcoins to rise.
But no one knows what the future holds.
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Topic
Board Bitcoin Discussion
Re: In what situation would Bitcoin die?
by
Soul Reaper
on 14/04/2017, 01:43:11 UTC
In my own opinion it bitcoin may die if there is a world war and almost damage all things .
Second will be if internet dies ,welll bitcoins is mine and exist through online. Bitcoins storage will be spend only if there
is a internet ,however it will be a too impossible to happen now if so, how we may kill the internet .
Yes you are right.
The demolition of bitcoins seems to be now so legit hypothetical.
Bitcoins now have gained a huge amount of respect,
And vast or massive acceptance among the people.
So even I think that bitcoins dieing is very difficult.
Until there is some better technology than bitcoin invented in the market.
And people start using it.
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Topic
Board Bitcoin Discussion
Re: Do you save bitcoin for fun or for future purpose?
by
Soul Reaper
on 11/04/2017, 13:46:43 UTC
See this statement implies both sides,
What I mean by giving saying this is,
According to my approach for things-
I save bitcoins for fun purposes today,
I also save bitcoins for the future so as to have more fun.
But yes I definitely save more than spending,
So that when it's cost rises suddenly I am benefitted a lot.
Post
Topic
Board Bitcoin Discussion
Re: No matter how much we love BTC, confirmations take way too long!
by
Soul Reaper
on 11/04/2017, 08:40:35 UTC
I totally agree with your freakin point of argument.
I mean this is one of the biggest loop hole of using bitcoins.
You can't directly pay via bitcoins for an instantaneous transaction.
I mean just think you buy a coffee at Starbucks and you don't have any case,
You were going to pay via bitcoins and your transaction is not confirmed.
You will have to struggle for a long time.
Also the fact that even if these transactions are slow the famous and trusted wallets like block chain still charge a lot of transaction fees.
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
Soul Reaper
on 11/04/2017, 07:51:16 UTC
See such a thing right now seems to be very unrealistic and hypothetical if we think about it.
But what I think is such a thing can happen that banks are used less than bitcoins.
But for that bitcoin trading will have to be much more efficient than now.
What I mean to say is that transactions should confirm fast and also transaction fees should be reduced.
But I don't think such a thing would happen at least till 4-5 decades from now.