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Showing 20 of 516 results by UsernameBitcoin
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Topic
Board Altcoin Discussion
Re: Any successful bounty projects since 2018?
by
UsernameBitcoin
on 30/09/2019, 23:37:38 UTC
99% of the bounties today are scams by people who are just looking to pump and dump their coin after creating a bunch of hype. if you have been part of one of these scams in the past, then you will know what I'm talking about. Unfortunately, we need more regulation in the space before such fraudulent activities can stop.
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Board Economics
Re: Why the Bitcoin is still down?
by
UsernameBitcoin
on 30/09/2019, 23:36:08 UTC
Dang this recent crash is hard to stand. How does it crash 15% in one day?? maybe some big player well decided to sell their Fortune. hopefully it goes back above 10000, then 20,000, then all the way to the moon and Beyond!
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Board Trading Discussion
Re: Is it worth for me in my situation to start btc trading?
by
UsernameBitcoin
on 30/09/2019, 23:34:43 UTC
Bitcoin trading is a risky proposition. Well you will likely profit most of the time, sometimes you will buy high but the market will not come back down and you will lost everything. well you won't lose everything, but you will have to re-buy into the market and you will lose some money, and it won't be good. so you should think carefully about if the risk is worth the reward for you.
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Board Bitcoin Discussion
Re: How many of you are Satoshi Millionaire?
by
UsernameBitcoin
on 30/09/2019, 23:33:15 UTC
There is a website called pick coin rich list which lists all of the addresses which currently own Bitcoin or hold Bitcoin and that will give you an idea of how many Satoshi millionaires there are. I can tell you that there are probably 1000000 Satoshi millionaires. Well maybe not, but you can check that site.
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Topic
Board Bitcoin Discussion
Re: Big drop in hashrate
by
UsernameBitcoin
on 30/09/2019, 23:32:22 UTC
This big drop in hashrate is kind of unprecedented. Well not really, but despite that there have been big drops in the past, this one is pretty big compared to normal.
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Topic
Board Bitcoin Discussion
Re: The difference between Bitcoin and Facebook's Libra
by
UsernameBitcoin
on 30/09/2019, 23:31:31 UTC
Facebook Libra is a centralized going which cannot be compared to bitcoin. Yes it may be a cryptocurrency, but when one company controls it, it's basically defeats the purpose of what crypto is all about, which is independence.
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Topic
Board Trading Discussion
Re: Getting too emotional while trading crypto
by
UsernameBitcoin
on 30/09/2019, 22:27:07 UTC
emotions do not belong in day trading. It is already stressful enough, and the computers and systems analyzing charts do not have emotions like you do. So if you are crying after losing some money, just remember the computer doesn't have feelings, so it will have a big advantage over you.
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Board Trading Discussion
Re: Savings Vs Investment?
by
UsernameBitcoin
on 30/09/2019, 22:26:23 UTC
investing is usually better than saving because you can grow your money. However in a bear market, it may be better to save money because the market goes down. over although investing is better because you can grow your money over time. Saving is also good to have a financial security net.
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Board Bitcoin Discussion
Re: Quantum computers
by
UsernameBitcoin
on 30/09/2019, 22:25:00 UTC
Quantum computers, some people think that they would be a risk to bitcoin... However, there is something called quantum resistant address is. There is already technology in the works to prevent quantum computers from being able to affect Bitcoin. Cryptocurrency is here to stay whether the haters like it or not.
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Board Bitcoin Discussion
Re: Is it safe to buy using Bitcoin
by
UsernameBitcoin
on 30/09/2019, 22:24:02 UTC
if you want to buy using Bitcoin, between an individual person and yourself, then you should use an escrow service. An escrow service will hold your Bitcoin so that the other party can't run away with your Bitcoin without giving you the product. If you want to purchase on a website , ensure that they use a qualified program like pit pay or other that is well-known not to be a scam.
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Board Bitcoin Discussion
Re: Bitcoin Relation To Bitcoin Cash
by
UsernameBitcoin
on 30/09/2019, 22:22:46 UTC
Bitcoin cash is just too 4 coin made by a loser who tried taking over Bitcoin. Well maybe he had good intentions, but they are ultimately wrong. Bitcoin is the king and is here to stay. And people who are deceived by Bitcoin cash, despite their good intentions or thoughts or opinions, will eventually lose in the end. 4 coin made by a loser who tried taking over Bitcoin. Well maybe he had good intentions, but they are ultimately wrong. Bitcoin is the king and is here to stay. And people who are deceived by Bitcoin cash, despite their good intentions or thoughts or opinions, will eventually lose in the end.
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Topic
Board Bitcoin Discussion
Re: Bitcoin legal and illegal countries
by
UsernameBitcoin
on 30/09/2019, 22:21:54 UTC
they can try to illegally eyes Bitcoin, but they will never succeed. The technology doesn't allow for it to be blocked or banned. Anyone can download a crypto wallet on their phone, and start buying and selling Bitcoin. Yes it may be more difficult in some countries, but where there's a will there's a way.
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Board Bitcoin Discussion
Re: Has Bitcoin already won ?
by
UsernameBitcoin
on 30/09/2019, 22:20:57 UTC
There is no win or lose. Yes, Bitcoin is currently dominating the cryptocurrency space by far. However, there is no such thing as winning or losing because many coins have different purposes and Bitcoin just happens to be the king. So you can say that since Bitcoin is King, he is winning. but if the King has no population, then what's the point? So all of the coins matter because they contribute to the cryptocurrency infrastructure and ecosystem.
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Board Economics
Re: Please, we should not totally eliminate fiat currency
by
UsernameBitcoin
on 30/09/2019, 22:19:09 UTC
It isn't about us eliminating fiat currency. Things happen naturally, in terms of if financial markets push fiat currency out of existence, then that's what was meant to be. However, if there are uses for fiat currency in the future then it will probably stay. We can't predict the market, so we should just do what's right and see what happens.
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Board Economics
Re: Trade war Influences on cryptocurrency
by
UsernameBitcoin
on 30/09/2019, 22:17:57 UTC
the trade war is good for cryptocurrency. Actually, it doesn't have much of an effect on it. Bitcoin and cryptocurrency is going to succeed regardless of any trade war or other war because ultimately the technology is what matters at the end of the day, and people are benefiting from blockchain technology on an everyday basis.
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Board Economics
Re: Big risk ,big results.
by
UsernameBitcoin
on 30/09/2019, 21:46:38 UTC
Big risk comes with big reward sometimes, and sometimes it comes with big failure. It doesn't mean you are right or wrong, it is just in the nature of the act of taking risk itself. Therefore think carefully before taking big risk because it may Result in a big loss. Maybe it's better to take smaller risks, to avoid losing.
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Topic
Board Economics
Re: Is KYC benefit to crypto people or not
by
UsernameBitcoin
on 30/09/2019, 21:45:40 UTC
Kyc is definitely a benefit because we need more regulation in the crypto industry. Regulation prevents fraud crime and offers overall better social affect, instead of people using Bitcoin for nefarious purposes. It's inevitable that kyc will become the norm in this industry, and we should be wary of any business or exchange which doesn't require it.
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Board Bitcoin Discussion
Re: Buying Used Computer Equipment For CryptoCurrency Unsafe?
by
UsernameBitcoin
on 30/09/2019, 21:43:55 UTC
What you pie isn't what's unsafe, it's who you buy from. Who is the vendor, and do you trust them? If you can't trust the person who you are buying from, for some reason, then you should consider doing more research before buying.
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Board Bitcoin Discussion
Re: If not a "store of value" or "medium of exchange" ...
by
UsernameBitcoin
on 30/09/2019, 21:41:47 UTC
They also forget the fact that virtually all money today it's just that , virtual. if they believe in virtual money, and they accept virtual money at their stores and retail locations, then why wouldn't investors and institutions accept Bitcoin, which is essentially a better form, I'm more secure form of the fairy virtual money they already except.
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Topic
Board Bitcoin Discussion
Re: How to understand risk in crypto
by
UsernameBitcoin
on 30/09/2019, 20:42:18 UTC
It's impossible to detect risk on everyday basis. We can only invest in the moment and hope the price rises. If the price falls, we must be patient until it rises again above the initial buying price. Otherwise, well we can't predict the future.