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Showing 20 of 52 results by Umigokath
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Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
Umigokath
on 05/10/2017, 09:43:51 UTC
Since bitcoin is great venture, on the off chance that they keep bitcoin they will get some time or another a decent benefit and great esteem. Best for the future if need of cash. It is protected to spare a bitcoin that is the reason many individuals put something aside for quite a while. Reserve funds for quite a while is a speculation, you don't have to stress the vital is you claim it and it causes you part. Reserve funds a bitcoin is great since it is conceivable the cost is turned out to be high.
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Topic
Board Economics
Re: Spending Bitcoins
by
Umigokath
on 05/10/2017, 09:39:34 UTC
Bitcoin is not widely used in my country nor even known. There is really not much option rather using bitcoin for online payments. I do use bitcoin daily for buying my Mobile load. Other than that, I have to convert bitcoin to fiat to be able to make use of it for my daily expenses.

Likewise in my country. The only thing that i can bought using my bitcoin is prepaid load other than that you still have to convert it to your currency just to pay online payments such as uitility bills and other online transactions. Though i heard that we can use it to give tips for Uber but i havent try and never ask though. Never know how true it is.

This is also true in my country, you need to have a online wallet for this to be used mainly for transferring and also services such as prepaid load. In order to spend bitcoin, it is often converted first to the bank before it you can spend anything with it which is clearly not a direct usage for spending since it is not yet directly acceptable to stores or any sort of merchandise. 
A few of us cannot spend bitcoin on the grounds that they dont have enough, they are endeavoring to spare cash so they can purchase whatever they need since they have something they for. Some dont have enough since they jump at the chance to contribute. They yield their BTC seeking after a decent business, possibly you can call it sparing as well. At that point the others dont truly spend in light of the exchanges. That is an issue these days.
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Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
Umigokath
on 05/10/2017, 09:30:33 UTC
As of now I have an arrangement regarding Bitcoin for the future reason, I need to keep up my Bitcoin on the sparing reason. I have seen that Bitcoin is getting a potential stage for making a benefit. That is the reason I will run with Bitcoin and profit worth. I think later on, Bitcoin will the be the best business area in the virtual world.
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Topic
Board Economics
Re: Is bitcoin a good way to invest your money ?
by
Umigokath
on 26/09/2017, 08:21:14 UTC
I think it depends on the persons positive thinking and belief. It is good because it brings good returns and no because it very unpredictable. So if you are a kind of coward or do not believe much in its success, in order not to regret and blame bitcoin, you better not  put your money in it but regret will also be your enemy in the end.
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Board Bitcoin Discussion
Re: How much risk in bitcoin investement ?
by
Umigokath
on 26/09/2017, 08:07:53 UTC
I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Bitcoin price can either increase or decrease as per the increase or decrease in demand for bitcoin.There is no cenral authority to control bitcoin price and its price is driven by support from community.But since bitcoin adoption is increasing world wide,we could guess that its price would surely increase.
yes the only reason for which the price of bitcoin is increasing is the interest of the people, if people are interested in bitcoin and they will try toy buy and invest money there so the demand of bitcoin will increase and with the increasing demand of bitcoin the price will continue to increase, therefore i am also sure that the price of bitcoin will continue to increase.

I think There are a lot of risks in bitcoin investment.  Temporary hype sites are responsible for this. All of us want to make money fast. Hype sites attached us by giving a lot of roi in a short moment and scam after giving 1 or 2 payment at a time.  I don't see any investment site which was last long.

All the investments has a risk, and so does Bitcoin, we all know that Bitcoin's nature is volatile and erratic this is why it's harder to predict and quantify the risk. So just a little suggestion, never ever invest something you can't afford to lose.
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Topic
Board Speculation (Altcoins)
Re: Best crypto to buy now?
by
Umigokath
on 14/09/2017, 08:38:56 UTC
You can buy litecoin or even dogecoin. Dogecoin is now low so i would advise to buy litecoin. Litcoin will not drop hard. It has the potential to grow more.

I have already buyed and earned some litecoin to sell in the near future the coins.
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Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
Umigokath
on 14/09/2017, 08:33:50 UTC
Its not too late you can buy now bitcoins when the price is low. Im sure that it will rise in the near future. If you have done that you must wait for the right moment to sell it.

If you don't want to take risks you can wait for bitcoin to rise and then buy it.
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Topic
Board Altcoin Discussion
Re: Stable altcoins?
by
Umigokath
on 14/09/2017, 08:22:25 UTC
I would choose for litecoin, it is now cheap and has the potential to rise and double his amount. While litecoin is not falling so hard. It is actually gaining more growth.

Bitcoin is now falling we see that bitcoin today is at the price of 3800. It dropped from 4600 dollars.
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Topic
Board Speculation (Altcoins)
Re: If you have now 500$ for invest? Where you invest?
by
Umigokath
on 14/09/2017, 08:18:07 UTC
If i had 500 dollars to invest. I would invest once more in btc. Bitcoin is the stablest one out of all coins for me. It wont fall hard down, but it has the potential to grow.

Invest in btc and wait for the right moment to sell it to gain money.
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Topic
Board Bitcoin Discussion
Re: What were your experiences with Bitcoin when you first started?
by
Umigokath
on 22/02/2017, 12:59:13 UTC
I would like to know what experiences did you had when you first started with Bitcoins. As for me, I had many that I would like to share with you.

When I began in the Bitcoin world, I was a complete rookie with no proper knowledge of how did mining worked or anything about cryptocurrencies. I just thought about Bitcoin as another payment processor like PayPal. But when I joined the BitcoinTalk community, I learned so many things along the way. In my process of learning in the first days, I decided to invest into cloud mining services. Since I didn't knew much about it, I invested a plenty amount of Bitcoins to start my journey into it. During that time, I had gotten into many different services. Those were GAW Miners, then Cointellect, cloudminr.io and finally Hashnest. After getting scammed many times by the services mentioned previously, (except for Hashnest) I have lost many Bitcoins. As a result, I decided to never invest into cloud mining and thus dedicate myself into learning more about the cryptocurrency and look for other ways to earn Bitcoins. It was then that I enrolled into the signature campaign that I am currently into and during all that time I began to earn Bitcoins as well as diversify my investments into different alt coins. Now I am dedicated to trading Bitcoins and other alt coins, as well as working for it (like the signature campaign and working as a freelancer) in order to earn coins and build up my portfolio along the way.

Anyways, what would be your experiences with this exciting cryptocurrency?  Cheesy
When I first started using Bitcoin I had no idea what it was and how to use it. Or what the purpose of the Bitcoin was and how mining worked.
But then a friend of who already had knowledge of Bitcoin explained to me how I can use the Bitcoin, what is was an how mining worked.
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Topic
Board Trading Discussion
Re: Minimum Amount To Start Trading?
by
Umigokath
on 09/01/2017, 16:56:44 UTC
With around 50 dollar you can already make some good profits these days, its just how you look at it.. and in what you trade in.
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Topic
Board Web Wallets
Re: Are Online Wallets safe ?
by
Umigokath
on 09/01/2017, 16:55:07 UTC
Online wallets are pretty safe these days because of the fact that they can really be safe with as a example 2FA.

With 2fa its indeed solved for a big part, no one can really log in easy anymorw on your accounts so that is pretty nice.
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Topic
Board Speculation
Re: Bitcoin prices could leap to $2000 in 2017?
by
Umigokath
on 09/01/2017, 16:51:03 UTC
That's surprising to me that people are speculating that it could get that high but I suppose it's possible. I won't be buying at these prices because I think it's even more likely that we see some kind of pull back.

if the price reaches 2,000$ do you feel regretful about not buying bitcoin at the price of 1,100$.
I saw the buying power is very strong in the chart and I think it will break 1,100$ in 24 hours later.
That is interesting year of bitcoin.

Of course such a price is possible, could even go higher. But it also could come to a fee-event with impact on the price. That's why I consider Bitcoin as a good but very risky bet right now.

Its possible but it will most likely not happen because of the fact that its something that is based on the things that happen on the market.
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Topic
Board Gambling discussion
Re: Why is gambling so addicting?
by
Umigokath
on 09/01/2017, 16:30:32 UTC
Gambling is very addicting because of the fact that its very enjoying and you can do a lot of things too with gambling, its very nice to do it plus its sometimes profitable.
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Topic
Board Marketplace
Re: Sell something here.
by
Umigokath
on 09/01/2017, 16:24:11 UTC
personally i wouldn't but i am sure that some people would buy
Indeed people will buy it for sure without any doubs, there can be sold everything here on the forum!
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Topic
Board Economics
Re: How many Bitcoin do you have saved?
by
Umigokath
on 09/01/2017, 16:17:08 UTC
I saved around the 4 bitcoins right now and I'm planning to sell them around the pice of 1000 dollar or more on this moment.
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Topic
Board Trading Discussion
Re: How do I grow my btc?
by
Umigokath
on 20/12/2016, 15:35:24 UTC
There are a lot of methods to gain bitcoins but one of the most used and for sure the safest way is by doing signature campaigns because its very easy to do and nice.

I agree doing some signature campaigns can really help you off with earning some money for sure and its indeed very safe.
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Topic
Board Gambling discussion
Re: Why trading is better than gambling?
by
Umigokath
on 20/12/2016, 15:25:20 UTC
because for me, i can make analysis when i am doing trading and watching for the price of altcoins and bitcoin but in gambling, i don't want to risk my bitcoin because i don't have good skills when i am playing gambling. so i think, for me trading is better than playing gambling as i have small knowledge with doing trading.

Yep indeed trading is safer because you can predict more things it not fully based on luck and that is with gambling the fact.
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Topic
Board Marketplace
Re: How do you know when a site tries to scam you?
by
Umigokath
on 20/12/2016, 15:20:17 UTC
Its hard to say but mostly its gives some signs away such as a weird email-address or a weird location address.
Post
Topic
Board Speculation
Re: Will we start new year in $800+ or remain in $700+
by
Umigokath
on 20/12/2016, 15:16:35 UTC
I think that we can jump to the 800 dollar in the new year but nothing is sure of course it can  also remain in the 700 dollar.