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Showing 20 of 152 results by X2PR8888
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Board Bitcoin Discussion
Re: Bitcoin will be used as a donation to the church
by
X2PR8888
on 13/02/2018, 05:01:07 UTC
I see no harm to using bitcoins for donations to churches however, I feel like it must undergo transparency especially to the public or to the congregation as this would promote fair use and monitoring of finances collected for the church to be used for charity works.  The challenge here too is that as the value of bitcoin is very volatile, the church may find it too difficult to monitor how much they already have and may complicate in the way they allot budgets for certain projects at church.  This for me works from a donor's perspective as it is truly anonymous and very convenient to donate whenever, wherever.  You don't have to go through the feeling of people looking at how much you're giving especially when those money baskets ate being passed around.
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Board Service Discussion (Altcoins)
Re: how to choose a good bounty ??
by
X2PR8888
on 11/02/2018, 15:58:54 UTC
There are plenty of good bounty campaigns in this forum and the first thing that you need to be mindful
of is if the actual product or initial coin oddering is as good as they are claiming it to be.  You should also check the project team behind if they are legit and if they are very passionate bout making sure that the campaign is running as it should be.  one criteria recommended to me was that there should be about 20-40% budget allocation for both signature and bounty campaigns as this would mean that they are very certain that they are willing to pay that much of their budget to pay off those who are taking part in the campaign for advertising purposes, to make sure it's a success.  You just have to be mindful that you be very thourough with the rules and be compliant with it too.
In my case ebit campaign was recommended to me and I've seen it's initial offering.  It is now past the pre sale and so it moving to the actual sale at roughly 0.06$/ebit.  I am sure the project team behind this is amazing and so is their coin offering, so take a look at the link below and see for yourself!
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Board Trading Discussion
Re: Don't Spend Too Much Time Trading? is that true?
by
X2PR8888
on 10/02/2018, 04:42:13 UTC
Spending hours or alloting a big chunk of your day to anything you want to specialize is extremely necessary and important if you want to master that skill or really become a subject matter expert on ideas.  The same holds true when artists spend countless hours rehearsing and practicing until they perfect their craft; how doctors study for years just so they could pcialize on a specific area of medicine; that's how traders are too, they spend hours each day just to study the market and the behavior of each element, how one is interlinked and affects the other.  Nonones becomes an expert overnight and so, even in the world of crypto, I know that you really have to spend hours researching and trading because you don't want to miss that chance when you could strike a good trade and be able tomprofit incredibly.
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Topic
Board Economics
Re: Positive thinking brings positive things.
by
X2PR8888
on 09/02/2018, 05:28:14 UTC
I agree that positive thinking can help result into positive things or outcome too as how they also say that, your state of mind should effect what is outside rather than outside forces effect your thinking which may result to you acting harshly over things which you do not have control of.  Same with bitcoins and cryptos in general, we can't really do anything about its value decreasing when we wanted it otherwise or vice versa and so the most that we could do is to remain hopeful and positive by celebrating small victories of this market like its increase in value since it's lowest deip this first few weeks of 2018.  We should also remain hopeful that despite banning or pulling out of certain countries from this kind of trade, there will still be others who may realize that cryptos are truly a good thing and helpful to one's economy. They just have to be open and see how it is affecting positively the lives of those who are very active with trading and investing crypto.
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Board Altcoin Discussion
Re: So how will be the market in February?
by
X2PR8888
on 07/02/2018, 05:28:57 UTC
The market may still probably not at its best this February given the Chinese New Year coming up and so we have alot of users who may be cashing out just so they can have money to spend for the holidays.  With this low demand for bitcoin because of the cash out, chances are altxoins are generally impacted too since we know that usually, bitcoins  are the means or gauge for purchasing other coins.  We may see new coins coming out to take advantage of this drawback in the bigger coins but eventually, things may start rolling back in and so may again go in favor of the big legs in the cryptoworld.  I don't see February as that good of a month for crypto coins and so let's just wait until March rolls in. Hopefully, things will really turn around especially for those of us who have taken advantage of the situation by buying more bitcoins or those who are holding on to existing ones.
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Topic
Board Altcoin Discussion
Re: This is what i buy during the crash.
by
X2PR8888
on 06/02/2018, 08:40:48 UTC
I agree that during these trying times for majority of the coins known to lead the race for almost all the time, it is not wise to buy coins from new projects or those that have not established itself yet as there is no guarantee that these coins will reap or yield value tomorrow. On the other hand, I see the logic in taking advantage of the situation and buying more of coins such as bitcoin, ethereum, litecoin, and neo because these coins are known to have surpassed situations like this in their lifetime.  Holding on to these coins for as long as you can may do good for your portfolio since their value may double, triple, or who knows, even more than you expected if you just wait awhile.  The downside is again, there is never a guarantee to any of these but hey, I feel like its more worth risking because of its history.
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Topic
Board Altcoin Discussion
Re: Chinese New Year?
by
X2PR8888
on 05/02/2018, 06:16:42 UTC
I have heard about how the values of coins do drop whenever there is an upcoming national holiday especially in countries where there are tons of crypto users and traders so I would not be surprised if another drop happens this February 16th. We know how  we have a big number of users who celebrate the Chinese New Year and so to pull out cash so that they can have something to celebrate with is prettu much understandable and so with the demand decreasing because of people pulling out, it's no wonder that others would take advantage of buying bitcoins when they are at a price much vulnerable and lower than how it has always been.  In my case, I would buy bitcoins if their value is something that I can really afford so that I have more of it too when the value kicks up again.  Hold on to it and let it grow for the time being.
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Board Altcoin Discussion
Re: Almost All Currencies Down (RED DAYS)
by
X2PR8888
on 02/02/2018, 12:07:43 UTC
This really scares me and a lot of not so tenured traders or crypto users because of the value dropping down since the start of this year or even late last year.  I have not been around that long to see how bitcoins and other coins rises up eventually but I believe the testimonies of people who have seen, rode, and risen among the waves so I guess really the only logical thing for me to do is to hold off on the coins I have, buy coins which are cheap at the moment but known to rise again soon, and just wait it out.  It's too risky to pull out all coins and I'm guessing a stupid move too because what if things turn around soon, right? So yeah, as scary it is too see all those red lines now, it's going to get better eventually.  Keeping my fingers crossed.
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Board Bitcoin Discussion
Re: Why invest in bitcoin
by
X2PR8888
on 01/02/2018, 07:21:02 UTC
People invest in bitcoins because they have seen the value that this crypto coin play in the cryptoworld.  As the leadinn coin, it has drastically change people's perception of this market.  From a non believer, we now have a lot of people going for this type of currency because it holds so much value compared to other investments and stocks.  Bitcoin has revolutionized the game as how they put it and this is so true because more and more coins are coming out every so often because these coins really do have the potential to make it big.  Because of the increasing interest and high demand for bitcoin, people are now moving towards investing in it too on top of their usual shenanigans with stocks because the market is more dynamic and really steadfast when it comes to growth.  So really to ask why should you invest in bitcoin is like asking, who would not want to get higher returns for things they have invested in in a relatively shorter period of time.
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Topic
Board Speculation (Altcoins)
Re: Altcoins that might survive in the future?
by
X2PR8888
on 31/01/2018, 10:16:41 UTC
Since this post was created, it's nice tonsee how most of the key players mentioned early last year are still active and live altcoins a year later.  It is with the reasons mentioned by most users that got me agreeing on why these coins: litecoin, ethereum, ripple, and dogecoin.  Transaction values for these altcoins continue to remain progressive despite thevolatility that the crypto market is known for.  Also not surprising is how we still have strong followers for these mentioned altcoins because of the excellent project team behind which sustains the momentum and growth of these coins.  So once more, I say this with belief that these altcoins will continue to survive this 2018 and the years to come.
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Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
X2PR8888
on 31/01/2018, 07:50:07 UTC
I think bitcoin is not supported in some countries because it is not as popular among its citizens and because the popularity is not as much, there are not enough platforms that support transactions using bitcoins or altcoins.  Governments do not see the point of making it a norm in countries like mine because we only have but a fraction of people here who is into bitcoins.  It is because of this that our transactions are very limited to just tradinng and investing.  We have one wallet here or app which lets us convert bitcoins first into cash before we can use to purchase items like prepaid cards or to pay for utilities like water and electricity.  In my country, they are not banning the use of bitcoins but they are not exactly supporting or promoting. it as well so my thought centers around thinking that we have such an old school government that is a bit rigid with technological and financial advancements like cryptocurrencies that's why a change like this is not encouraged at all.
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Board Altcoin Discussion
Re: Are you afraid of hackers?
by
X2PR8888
on 30/01/2018, 23:01:25 UTC
For someone like me who is not so technical and quite primitive when it comes to my knowledge of anything related to softwares, I feel scared of hackers ofcourse.  I don't have billions of bitcoins like others but what I have is all I have and so that means the world to me and I'm guessing that a lot out there feels the same way.  If you know your source of living or income is about to be taken away or maybe taken away from you without your knowing then you have every right in the world to feel afraid but it is also a cause for tou to start acting vigilant.  
Start by making sure you do not have all of your honey in one pot, store it into barious pots and store your pots into barious cupboards if you want to be extra cautious.  Then, make sure that the keys to these cupboards are well protected to the point that you vould have them encrypted for your peace of mind.  If you are to give someone yoir password or key, be confident that whoever it is that you're giving it to is someone you trust with your life too.  So there, really, acting bigilant is one big step to take as part of being afraid of hackers.  it's a must because otherwise, you'll end up like a crybaby.
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Topic
Board Bitcoin Discussion
Re: How much bitcoin do you need now to be a millionaire?
by
X2PR8888
on 30/01/2018, 11:14:40 UTC
It really depends on the current value of bitcoin and where you are from, your county simply put or ehere you're residing.  Given the current value of bitcoin in the market, it's around 10,880 USD per bitcoin and so since I am from the Philippines, I would need about 2.5 bitcoins in order to pass the million mark.  The thing though is a million peso in the Philippines is not so much these days.  Yes, I would be able to buy a property but that property would be somehere in the outskirts of the capital and also, I bet that such house and lot would be relatively small compared to how one would envision a millionaire's property. 2.5 bitcoin would buy you a pretty regular sedan here, like a Toyota Vios or Hyundai Accent, a Honda Civic perhaps.  It's not much simply put so my conclusion is that, a decent would be millionaire because of bitcoin in the Philippines should have atleast 10 bitcoins in order to get you settled into the better off properties in the metro, not including those really posh and hig end villages.
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Topic
Board Bitcoin Discussion
Re: What do you want to Buy with Bitcoin?
by
X2PR8888
on 29/01/2018, 08:49:43 UTC
If I have a lot of bitcoins on my hands and that it has the current value or what it hasbeen just a few months back, I would definitely buy properties first for my family.  I would buy a house and lot with a decent backyard or garden area where my daughter and future children can play.  I would want the house situated in a decent community.  If not that, I would go for a low rise condominium with a very nice and friendly neighborhood matched with a nice community area so that my family would be more or less safe from the scary elements of living just about anywhere that is not an exclusive village here in the capital.  After ensuring a decent house for my family, I would ensure my family's future by getting insurance/investment that is stored somewhere just incase something happens to me.  After the essentials have been covered, I must make sure that as I'm buying all these for my family, money should still be coming in and so more trading and more investing needs to be done to sustain these things.  Buy more bitcoins or other coins if possible and save or trade, whichever is the market's flavor.
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Board Speculation
Re: Is 2018 the downfall of bitcoin?
by
X2PR8888
on 27/01/2018, 02:51:18 UTC
I am a novice too when it comes to a lot of things related to bitcoins but I am aware how bitcoins are known to be extremely volatile in nature and as such is expected to go up and down, plateau, or whatever from time to time.  It is known to fluctuate in value especially during the last and first quarter of every year, maybe because of activities in the market too and how users behave. Having said that, I don't see 2018 as bitcoin's year of downfall.  It may bring about a whole new set of challenges because of new coins coming and going and with better playforms but I personally feel that bitcoins will continue to surpass these challenges.  Otherwise, should there be a coin that could be at par with bitcoin this year, I think that's ok and it would not mean downfall right away for bitcoins.  It's too early to predict, I know that, but I agree with most comments here that bitcoin will still remain supreme this year.
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Board Bitcoin Discussion
Re: Good news!
by
X2PR8888
on 25/01/2018, 13:59:21 UTC
I think this would be good news for the majority of people into bitcoins and crypto in general as the additional users and traders would definitely up the value of bitcoin given the would be increase in demand that comes as a result of this. Formal acknowledgement of bitcoin from a government would impose certain rules and regulations but I think it will play a good role because rules being set is there to ensure that bitcoin trading is legitimate and legal in terms of users and traders.  It gives everyone more peace of mind knowing that certain requirements must be followed before getting into bitcoins.  For me, that may be putting a leash to it but it atleast gives an additional layer of security and protection to anyone.
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Topic
Board Bitcoin Discussion
Re: The advantages of bitcoin
by
X2PR8888
on 24/01/2018, 10:01:37 UTC
I agree that bitcoin does have a lot of advantages and that one of them is it creates income for a lot of people but it does not reduce unemployment.  I say the latter because, yes we have seen how many people are resorting to bitcoins now because you pretty much are the boss of your own company in doing so but it still cannot, at this point, really drive th already unemployed sector to try and see how bitcoin can make them earn a decent living; quite frankly, that's sad for me because not everyone gets to see how bitcoin can help anyone as long as they have access to the internet.  As for the advantages, no question there are a lot and for me, the top two things are first, it's convenient to earn bitcoins and so can augment daily income, and second, its global and so can be used anywhere in the world!
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Board Altcoin Discussion
Re: Which coin is best for small payments?
by
X2PR8888
on 23/01/2018, 14:14:13 UTC
A lot of coins are actually good for small payments and this is primarily because using coins is cheaper (should there be a transaction fee), in most cases though, there is no fee to transmit payments even on a global scale.  I would of course suggest going with either ethereum or litecoin as these two are widely used for such purpose.  Reason being may be because it has an equivalent calue which is not that high yet like bitcoin.  Now, really, you could use other coins but I highly recommend you choose one based on what you think and feel is most right based on yoir research here or elsewhere.  At the end of the day, the beauty with altcoins is that a lot of it really has the qualities that make payments and transactions cheaper and faster, and secure of course!
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Topic
Board Speculation (Altcoins)
Re: Be patient for your profit
by
X2PR8888
on 23/01/2018, 12:33:09 UTC
They say that good things come to those who wait and i could not agree nore.  Sometimes and in most cases here in the forum, you really have to be extremely patient before you get your money or earnings from whatever campaign you have decided to join.  Campaigns take time and to get paid for your services, the project has to see through to its completion first.  On the other hand, in trading and definitely, investing, you have to be all the more patient before you reap something from what you have put in.  Just line what was mentioned here, you have to make sure that theproject completes itself and starts to sell or launch coins, lets say, to the market officially before you can get profit from it. In trading, the same applies,  you have to wait before things really start rolling for you because initially, it's just ensuring that the money you put in comes back to you 100%.  Eventually, its going to earn profit. Just wait for the right time and while you're at it, research more!
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Topic
Board Altcoin Discussion
Re: To all those getting in late...
by
X2PR8888
on 23/01/2018, 10:24:15 UTC
To all those just getting in now, I would say, "You are not late!" Yes, it is true that there are already millionaires because of bitcoins and altcoins because they started way ahead but think of them as just being there at the right time and right place.  They also made it happen for them.  Similarly, you can make it happen for yourself too!  You just have to do a lot of research on how the market behaves and also get smart opinion and feedback on projects to invest in.  Join signature and bounty campaigns, promote via all known forms of social media, and earn coins.  Simultaneously, trade and invest as these are means to earn more ata faster rate, although more risky of course!  Whatever way, you will have to make it happen for yourself.  If you have the means, go and trade as much as you can so that the return may also be as much but again, be very careful and practice sound judgment all the time!