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Showing 20 of 139 results by Underlord
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Topic
Board Economics
Re: Will crypto solve socioeconomic problems?
by
Underlord
on 05/09/2018, 23:50:58 UTC
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
I am sure the cryptocurrency will continue to grow and many countries will be encouraged to create their own digital currency. In this age of digital need a new technology is needed to overcome economic problems. This technology requires a regulation so that it can be accepted by the government and the community, so that no party feels disadvantaged.
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Topic
Board Speculation
Re: What are the opinions on bitcoin’s future
by
Underlord
on 05/09/2018, 23:33:35 UTC
I don't know everything looks blurry now, when the market falls everyone assumes that bitcoin is nearing an end but when the market is good everyone says the future of bitoin will be bright, but I am neutral I will only follow wherever bitcoin goes.
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Topic
Board Bitcoin Discussion
Re: Newbies to Bitcoin can be dangerous!
by
Underlord
on 05/09/2018, 23:23:28 UTC
The fact is that most of the newbies on this forum are not traders, they are bounty hunters who want to get coins without capital, we can't blame them for being like that, someone's abilities are different besides that bounty activity can also be their way to become a trader.
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Topic
Board Bitcoin Discussion
Re: Just got a little extra money and want to invest in crypto, should I?
by
Underlord
on 05/09/2018, 23:07:52 UTC
if BTC is too expensive for you then ETH or ripple can be your second choice to start investing, the market is red now and maybe this is the right time to buy coins at low prices. Everything depends on your readiness and consideration, whether you are a short-term or long-term investor.
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Topic
Board Bitcoin Discussion
Re: Why government announce bitcoin is illegal?
by
Underlord
on 05/09/2018, 15:19:47 UTC
the government thinks that bitcoin can threaten the national financial system, because its dominance can defeat fiat money that has been used.
In addition, there are many criminal issues caused by the misuse of bitcoin as a cause of money laundering and terrorism financing. How can the government believe in bitcoin if the system used is decentralized, this will trigger a circulation that cannot be fined by the government
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Topic
Board Economics
Re: Friends reactions to crypto currencies?
by
Underlord
on 03/09/2018, 23:59:35 UTC
bad reaction, they refused and pretended to know everything about cryptocurrency. my friend thinks crypto is a fraud because of the case of a decrease in bitcoin prices that had occurred in early 2018, many people suffered losses at that time, and they spread negative news to my friends causing negative issues.
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Topic
Board Economics
Re: The new economic crisis is the transition to crypto.
by
Underlord
on 03/09/2018, 23:53:11 UTC
To date, the economic situation in many countries is in critical condition. Can the next financial and economic crisis be a transition to global use  of crypto currency in international settlements?
some countries have their own way of solving the problem of the economic crisis, such as Venezuela which replaces the bolivar with a new currency by removing several zero digits in its currency. But cryptocureency can be a good breakthrough for the global crisis that is happening.
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Topic
Board Bitcoin Discussion
Re: What will keep people from getting into cryptocurrency?
by
Underlord
on 03/09/2018, 23:48:42 UTC
some people are worried when they hear big risks that don't even happen, they are afraid of losing money. I once explained to my friends about bitcoin and got a bad experience and rejection because they thought bitocin was a fraud, so I prefer to be quiet and enjoy my bitcoin money.
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Topic
Board Bitcoin Discussion
Re: Is cryptocurrency so difficult to understand
by
Underlord
on 03/09/2018, 23:39:11 UTC
for some people who are blind to technology it is quite difficult to explain to them about cryptocurrency, they prefer traditional methods because they are not complicated and safer, but if the technology trends occur on a large scale then they have to know it and it is the right time to explain crypto.
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Topic
Board Speculation
Re: Is this the end of Bitcoin ?
by
Underlord
on 03/09/2018, 23:33:56 UTC
pump and dump it's normal, there is no investment that keeps pumping because the principle of investment is supply and demand, buying and selling activities are carried out so that prices become volatile, so this is not the end of bitcoin but just a normal cycle.
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Topic
Board Altcoin Discussion
Re: We trust in crypto!
by
Underlord
on 29/08/2018, 17:57:51 UTC
Crypto may fall many times but it won't die, I trust crypto.
Crypto development is now quite difficult to guess, many new coins are born and this makes crypto more popular even though the effects can be negative and positive. The development of this trend is likely to encourage large countries to make their own digital currency, even though that is only a speculation but it can be realized because technology continues to grow and the old culture is replaced.
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Topic
Board Bitcoin Discussion
Re: Bitcoin can be a national treasure.
by
Underlord
on 29/08/2018, 17:47:03 UTC
I think it's too over, how can we call it a national treasure while many countries have not legalized their status in the national economy. I  more agree if bitcoin is referred to as an individual asset because of a decentralized system and P2P system without involving the government.
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Topic
Board Bitcoin Discussion
Re: People call bitcoin a fraud or ponzi scheme
by
Underlord
on 29/08/2018, 17:33:50 UTC
if they think that bitcoin is a ponzi scheme then keep quiet, and let them talk as they please, arguing with them is only worsening the atmosphere. let them think it is ponzi scheme until they regret it in the future and realize that bitcoin is really the game changer.
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Topic
Board Speculation
Re: will the beginning of 2019 btc rise?
by
Underlord
on 28/08/2018, 14:03:14 UTC
Positive trends continue to occur and do not rule out the possibility that in 2019 it will be a great year for bitcoin, it is also said by many experts with many predictions that the price of bitcoin will increase to $ 20k or more in 2019,
However, many investors are actually worried because of high volatility in cryptocurrency. However, long-term investors need not be afraid of volatility at all. Because they are here to stay for a longer period of time, they will have no problem at all in holding the cryptocurrency for a longer period of time too.
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Topic
Board Speculation
Re: The value of Bitcoin is rising again?
by
Underlord
on 28/08/2018, 13:28:36 UTC
The value of Bitcoin is rising again, can we expect a significant jump in Bitcoin value by the end of the year?
yaa we can hope, many experts speculate that the end of the year bitcoin can rise to $ 25k, but that is only limited to predictions without a guarantee of 100% will occur while what affects the price is our behavior as investors.
Price hikes may occur if the positive rendering continues.
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Topic
Board Altcoin Discussion
Re: Look at the market, are you scared?
by
Underlord
on 21/08/2018, 22:15:01 UTC
we are all the same and will certainly be a little worried if the market continues to be in the red zone, but don't panic because panic selling will only hurt you. It is better to deal with it and carry out technical analysis to find out the market conditions going forward, this is more positive than thinking pessimistically.
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Topic
Board Economics
Re: Cryptocurrency or Stock Market?
by
Underlord
on 20/08/2018, 14:11:49 UTC
Basically both have the same principles, their movements are influenced by supply and demand, and the public can predict the direction of price movements with technical analysis methods (see charts and patterns of past price movements) or fundamentals (see intrinsic value or situation and conditions of the company). But still no one can guarantee that the prediction will be 100% correct.
I would prefer bitcoin because it is 5-7 times more volatile than the stock market, although it is very risky but the potential profits are huge.
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Topic
Board Economics
Re: How Long Crypto market will take to recover?
by
Underlord
on 20/08/2018, 13:38:26 UTC
I wish I could give you a more straight forward answer, but I am not a cryptographer who has good predictions and no one knows the price direction of crypto in the future.
Although crypto economy is still maturing, we can observe similar patterns as in traditional financial markets. We can see constant transitions from bull to bear market and vice versa.
Traders often use technical analysis to identify trading opportunities, but you need to consider external factors such as influence of media and psychology of the market which can greatly affect the prices.
In hindsight 2018 has been a huge year for crypto. Although has been dropped significantly since the time of the year.
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Topic
Board Economics
Re: Crypto replacing fiat?
by
Underlord
on 20/08/2018, 11:00:44 UTC
The advent of cryptocurrency could be the beginning of a new way to exchange value. This development can easily be associated with how email disrupted the post office. Email broke the post office’s value chain system since it introduced a new order where you could send a letter without a stamp. Similarly, cryptocurrency enables you to send or receive money without an intermediary. This bank-less system will ultimately do away with banks.
Unlike fiat currency, cryptocurrency cannot be debased by any government because it’s not tied to it. Even the governments cracking down on it are actually making it more valuable. Fiat currency can become worthless when a government gets replaced or falls apart. And it goes without saying that no government is immortal.
Regardless of how governments or investors feel about the impending switch from conventional currency to digital forms of currency, the wave of change is unrelenting.
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Topic
Board Bitcoin Discussion
Re: Low prices and bad comments are taking the confidence of the Newbies?
by
Underlord
on 20/08/2018, 09:14:30 UTC
I think we should stop our bad comment about Bitcoin. We will also benefit from this.     Sad
I think that is not a wise thing, if we cover it it is the same as covering the development, just face the facts. the poor condition of bitcoin is not to be covered but must be discussed transparently so that all investors know what steps to take. what we need here is critical but still constructive.