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Showing 20 of 79 results by Zadeket
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Board Bitcoin Discussion
Re: Three things you should not do when Bitcoin prices drop!
by
Zadeket
on 12/12/2018, 15:33:33 UTC
I will not selling my coin at low price. Its just realizing my loss. I am prefer believe that market will recover. Better not panic and selling our coin at cheap price. If we are confident with our investment, i am believe long term is good option
When the price goes down the decision that must be taken is very difficult, because it cannot use the heart, but must think logically because the price of bitcoin is like a curve, up and down. I think the most reasonable choice is HODL for a certain period of time, because the price of bitcoin is undergoing a correction and will definitely rise again. Just how much is the increase, unknown.
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Board Bitcoin Discussion
Re: Is it just me, or are most of us actually just forgetful, greedy bastards?
by
Zadeket
on 12/12/2018, 15:21:20 UTC
I suppose a few people in crypto ARE forgetfull and greedy. It is not bad or good. It is just the way it is. Bitcoins is a new phenomenon and rather interesting one, and still those who get into this sphere dream to become rich quick.
People who enter the world of bitcoin are wealth hunters that can happen quickly, because statistically the bitcoin charts starting from being created ten years ago always increase. When the price of bitcoin goes down as it is today, many bitcoin owners take a stand for holding bitcoin for a long time, or sell it and experience losses.
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Board Economics
Re: When the government forbids cryptocurrency
by
Zadeket
on 12/12/2018, 15:09:50 UTC
when the government forbids crypto currencies what we can do, the government forbids of course there are strong reasons of course the reason they say about everything that results is negative, maybe someday the government will also see the positive side of what is produced from crypto currencies
The government prohibits cryptocurrency for very reasonable reasons, namely anonymity so that it is vulnerable to being used by criminals and is very fluctuating so that users experience heavy losses. But the government forgets one thing that cryptocurrency is digital currency technology, which in the future must be used so that it cannot be rejected. So it is better to find rules that can reduce the negative impact on users, from which to ban the obvious will not solve the problem.
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Board Bitcoin Discussion
Re: Can Holding Bitcoin affect the stocks
by
Zadeket
on 11/12/2018, 14:42:46 UTC
If you hold tens and hundreds of thousands of bitcoins, then this may affect the market. Small amounts practically do not affect it. The cryptocurrency market needs capitalization, the infusion or outflow of large amounts of fiat money in the market is very important for pricing.
Bitcoin holders in large numbers certainly have a lot of money, which if invested in the stock market can affect the shares traded. As is known that the bitcoin market is open 24 hours without holidays, in contrast to stock trading where Saturday and Sunday are not active.
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Board Bitcoin Discussion
Re: May Bitcoin be considered money according to Islam?
by
Zadeket
on 11/12/2018, 14:28:33 UTC
For me bitcoin is a digital money that has a value that needs mined. As what i understood in Islam if it is halal if it is lawful in traditional Islamic law. Maybe they considered it because they know is is lawful to their tradition.
I think it's money, it's only used digitally. Bitcoin has a value that is converted with USD, so it can be known by the public that today's bitcoin exchange rate is USD. In my opinion it is lawful because it is not gambling, and prices are made because there is supply and demand.
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Board Bitcoin Discussion
Re: here you have it economists speak against bitcoin
by
Zadeket
on 11/12/2018, 14:17:17 UTC
These economists should leave bitcoin alone. They should take time to talk more about the downside of fiat currencies. I won't need to bother myself with this kind of negatively because it can never change my belief regarding what bitcoin is capable of achieving.
Economists always observe and comment on bitcoin from the negative side, that is, bitcoin is anonymous. Always associated with money laundering, terrorist funding and even drug businesses. While the positive side of bitcoin is rarely discussed. Observers forget that the digital age has arrived, and bitcoin places itself as a digital currency, where transactions are easier and more convenient.
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Board Bitcoin Discussion
Re: This is what happening to BTC
by
Zadeket
on 11/12/2018, 14:07:34 UTC
This price now is definitely some type of price correction given how much the market seemed to crash over the last couple of months. There will be an increase in price but I'm guessing it will be more of a slow but steady type of growth instead of an exponential growth in a short time like we saw at the beginning of the year.
Correction of bitcoin prices has occurred, and now the price is in the range of USD 3,500. It might have an impact on the sluggishness of bitcoin trading after last year reached the highest price in the history of bitcoin, almost USD 20,000. But the prices currently formed are fundamentally stronger and more rational than the very high price of bitcoin.
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Board Bitcoin Discussion
Re: Let's go to Singapore! We can pay with Btc there.
by
Zadeket
on 10/12/2018, 14:16:48 UTC
Of course. Let's go. Singapore is one of the top level counties in the world. This county has a great technology. Especially, Singapore is a country that is very open to cryptocurrency. Actually, that thing is a very worthy thing to that county. Definitely, they can improve the technology, social issues and they can be found more solutions through the crypto field. So, I believe them's selection is perfect.
Singapore is a small country, but technological mastery is very advanced, the society is modern and the government is very receptive to digital development. One of them is digital currency, so many trading and shopping companies in Singapore receive payments using BTC. The openness of the Singapore government made many BTC owners spend their BTC to pay for various goods and entertainment there.
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Topic
Board Speculation
Re: How to predict whales manipulation
by
Zadeket
on 10/12/2018, 14:06:24 UTC
I think it is almost impossible to predict whale manipulations. The most important movements in the market occur in information silence. If you do not have insider information, then there is very little chance that you can predict whale manipulations.
Whale manipulation in the crypto market trade is very difficult to predict, even almost impossible to know. Because they move not alone, but simultaneously in achieving the goal. For example, if they want the price to go down, there will be lots of crypto currencies sold so that the market responds and prices fall. Vice versa if they want prices to rise.
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Board Bitcoin Discussion
Re: Let's make more companies to accept bitcoin payment.
by
Zadeket
on 10/12/2018, 13:38:59 UTC
Bitcoin needs whales today! It needs a lot of investors specially those rich people. If there are lots of companies that will utilize the cryptocurrency and use bitcoin as way of payment or salary then it will be a big help for the community. Bitcoin needs investor now sellers. Hope that everyone will appreciate it's existence
Without big investors, bitcoin continues to grow because of the trust factor. Maybe it's a small investor, but there are many of them and spread throughout the world. They have a network with various companies that want to accept bitcoin as a payment tool, of course as long as the company is in a country that legalizes bitcoin. Through network companies those who accept bitcoin continue to grow.
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Board Bitcoin Discussion
Re: Are the banks going to kick-out bitcoin with their new digital coin
by
Zadeket
on 10/12/2018, 13:19:20 UTC
If many banks join that cryptocurrency, maybe they can get it. But the difficult thing when the banks try to gain ground in our subject, decentralization. This is in danger, I hope they do not achieve great control.
When many banks join to make cryptocurrency, they will definitely promote their creations with legal and safe labels. On the other hand, bitcoin will face many obstacles because the bank's cryptocurrency is more dominant in its area. Fortunately bitcoin doesn't depend on the bank, so it doesn't feel too much of an impact.
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Board Economics
Re: The future of the market
by
Zadeket
on 10/12/2018, 13:11:02 UTC
There is no one can really predict the future of the market specially that those famous experts in crypto field became proven foolish for so many times this year because of this bearish market therefore there is nothing we can do as a simple crypto users but just to wait and observe the market movement with hope that it will bounce back by next year.
In my opinion, the bitcoin market is still waiting to find momentum that will increase the price of bitcoin. Because there are no interesting problems for the future of bitcoin, so the movement is slow. Even more are selling than those who buy. Famous experts also cannot predict the price movements of bitcoin.
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Board Bitcoin Discussion
Re: Whose advice you take when it comes to Bitcoin?
by
Zadeket
on 05/12/2018, 08:12:28 UTC
I always listen to the advice of many people, but I have never followed the advice of that person, I am more inclined to develop my own decisions in investing, and compare the suggestions that I hear.
I listened to the advice of many people via the internet or youtube, but the advice must be filtered again because the conditions are not necessarily suitable for me. I believe that by receiving a lot of input, more information about bitcoin can be taken into consideration when making decisions.
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Board Economics
Re: Why most bitcoin users from good economies countries?
by
Zadeket
on 05/12/2018, 07:45:47 UTC
I think its down to many factors really.  Some of the major factors for people in developing countries are intermittent power supply and internet service which makes it very difficult to either get online or stay online with either of those services not being available steadily.  Also, i think those of us from certain continents have much more disposable incomes that we can afford to invest in crypto without much risks to our daily living standards whereas for some countries, every little amount can make the difference and can sometimes be about survival..
I think intellectual factors in developed countries are supported by government policies, so people are more free to improvise in their lives, including legalizing bitcoin for investment or trade. The government only provides regulations on bitcoin, but does not prohibit it. It even facilitates the progress of the bitcoin business, such as fast internet, bitcoin ATM facilities, and startups that use bitcoin.
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Board Bitcoin Discussion
Re: how governments can regulate digital currencies?
by
Zadeket
on 04/12/2018, 07:50:21 UTC
Paying taxes according to law may be a trend in the regulation of cryptocurrencies!
The main purpose of government supervision is to collect taxes, and taxation according to law itself will become a key indicator of the value recognition of cryptocurrencies.
The government will obviously get tax revenues if it regulates digital currencies. On the other hand, clearly the government recognizes the existence of certain digital currencies that can be used in their country, perhaps digital currencies that cannot meet the criteria of the country will be banned. Without regulation the government will not receive income from digital currencies.
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Board Bitcoin Discussion
Re: Need bitcoin control?
by
Zadeket
on 04/12/2018, 07:32:39 UTC
It will never be of any use when all nations create their own cryprocurrency and I actually do not see such thing to come and as such if that be the case then things will fall apart as we see a lot of national currencies just at the mercy of the US dollar. And if it possible bitcoin will still be the control of all crypto market.
Of course anyone cannot control or control the price of bitcoin to become a reference for altcoins. All independent cryptocurrency, depending on the market, will move up or down. The government cannot intervene, but can make regulations that limit the area where bitcoin can be used, an explanation of the business fields that bitcoin can be used as payments, etc. The aim is that as a payment instrument, Bitcoin has legal certainty.
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Board Bitcoin Discussion
Re: Why most people believe bitcoin to be worthless?
by
Zadeket
on 04/12/2018, 07:14:44 UTC
Most people that i met that dont like bitcoin is becouse  they are oldschool, they like cash not some thing on the internet that they cant touch. Moste of them think that thats a millennials thing and they are scared of it becouse they do not know how or for what to use it for.Thats what i think!!
I agree with your opinion, that bitcoin is considered worthless because there is no physical. They assume that something that is not physical is easily lost and cannot be made a pride, because the items do not exist. In contrast to something that clearly has forms such as gold, house, car, etc. Such a mindset must be changed by means of education about bitcoin. Incorrect understanding must be corrected to improve the perspective in today's digital age.
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Topic
Board Economics
Re: How does bitcoin become a currency?
by
Zadeket
on 03/12/2018, 07:32:35 UTC
Well it depends. Although you can't buy a service or a product with crypto currency, it is still valuable in a sense that you can exchange it for Fiat that could be exchanged for goods and services. Therefore it would still hold value because it could stil be exchanged into something of worth. Then again, different people percieve worth.
Bitcoin is a transaction that occurs digitally on the internet, so it must be exchanged first in place to exchange bitcoin into fiat money, so that it can be used to buy any goods and services. This happens in a country that prohibits the use of bitcoin for payments. If it occurs in a country that legalizes bitcoin, transactions can occur directly from the transfer of the sender's wallet to the recipient's wallet.
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Board Economics
Re: Economy in your country
by
Zadeket
on 03/12/2018, 07:19:42 UTC
in my country's economic crisis. No production. trading with foreign currency. domestic currency is losing value. unemployment rates increased. the government is taking continuous measures, but not enough. people's purchasing power fell. inflation figures are very high.
In my country the economy is going well, development is also happening everywhere. Indeed, the country's debt swells, but all are for development. The use of crypto money is prohibited but for investment it is permissible, so that crypto trade is not as passionate as conventional trade. In fact, it tends to decrease, especially as the price trend decreases, further reducing the interest of those who want to invest in cryptocurrency.
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Board Bitcoin Discussion
Re: between terrorists, banks and crypto
by
Zadeket
on 03/12/2018, 07:09:32 UTC
We don't know if that is right because right now using technology nothing is impossible regarding of that. As I think yes terrorist can use bitcoin or any cryptocurrency for their findings and we didn't know that is for terrorist fund because right now bitcoin was using any individuals for funding and any transaction. Even banks terrorist can use it so their is no limitation or security regarding terrorist funds.
I think  terrorists have mastered the technology that allows using bitcoin to facilitate transfers between them or funds from sympathizers to carry out their actions. This makes it possible to escape the reach of the legal apparatus because bitcoin is anonymous, whereas if it uses banking services it is easy to track who the sender and recipient are.