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Showing 20 of 81 results by alexmuro
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Topic
Board Bitcoin Discussion
Re: Will the history repeat again?
by
alexmuro
on 04/04/2018, 03:37:59 UTC
I think that will go, the cue ball has gone into hibernation and again is ready to beat new records, here it will begin a phase of growth
Yes I agree. For me, there's a great possibility that it will be the same of last year's scenario. The btc price wil possibly rise soon, more than it was expected.
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Topic
Board Bitcoin Discussion
Re: Why do you love Bitcoin?
by
alexmuro
on 03/04/2018, 03:42:26 UTC
Bitcoin has many advantages besides giving bitcoin benefits also can be used as a transaction anywhere and the cost is too low so that I really love with bitcoin.

Yes, you're right mate. I like and love bitcoin because it gives opportunities to us to earn money for our needs. We can gain big profits also if we want to invest  and trade. Its the strongest crypto-currency that survived for over six years with bigger market value.
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Board Speculation
Re: Falling is not a bad thing.
by
alexmuro
on 02/04/2018, 20:33:37 UTC
It's neither good nor bad in my opinion. It's quite expected anyway. Since last year, bitcoin multiplied by what? 8x? The fall was inevitable. Not to mention bitcoin's volatility. A lot of people complaining about the price obviously doesn't have an idea on the markets they invested on.
For me, it can be either good or bad. It depends on how you take the situation. For me, falling of bitcoin's price is good for small investors, they can now afford to buy btc at cheaper price. And it is also a bad thing  for those who have invested much money, because its a big loss for them if price will not rise again. But, I did not expect that scenario will happen. Im still hoping that btc price would rise soon.
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Topic
Board Economics
Re: Will future paper money disappear?
by
alexmuro
on 02/04/2018, 15:10:12 UTC
In the current situation I think paper money will not disappear. There are many things to consider and in reality it's not easy to be used this online currency. Because others can't adopt easily this online currency and paper money is still the original use even in the future.
Yes, I agree with you mate. I think it will never disappear in the future or will be eliminated. Adoption and education about  crypto for all people in a certain country should be the first thing to consider. And it will be a headache to the government side if paper money will be no longer of use. I think its good to have both, as we have options for easy and fast transactions.
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Topic
Board Speculation
Re: Does Bitcoin stable ?
by
alexmuro
on 02/04/2018, 10:16:10 UTC
Bitcoin can't be stable as ypu see the history of its price it is fast changing and you can't predict if the price goes up or goes low. Bitcoin price goes low because its supply and demand in the market get also low.
Yes, that is true mate. Bitcoin price cannot be stable because its market value changes every day due to its volatility aspect. Its market value depends on the supply and demand that changes also every now and then. The market price of bitcoin changes or going downtrend from 12KUSD to 7KUSD.
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Topic
Board Economics
Re: Which crypto-currency do you prefer?
by
alexmuro
on 01/04/2018, 06:55:41 UTC
For me I still prefer bitcoin since it is more profitable but if you want other alternatives, I think next to bitcoin is Etherium or bitcoin cash. They also have future since many investor are also interested on it.
That's a good choice bro. Me too, my first choice is btc because it has bigger value and has the potential to regain back the highest market price it reached last time. Second choice is ethereum since we can make good profits from it also. Both of them are good for investments but btc is more preferrable.
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Board Bitcoin Discussion
Re: Bitcoin is NOT DEAD
by
alexmuro
on 31/03/2018, 15:58:11 UTC
Bitcoin is not dead and it will not die. For me as long as there is cryptocurreny and people like you and me will continue to support bitcoin, then bitcoin will continue to grow and will remain to be the number cryptocurrency. I believe on that.
I agree with you. For over six years bitcoin died hundred times in this forum, but in reality it is impossible to happen. People speculates due to these downtrend price which started from the early days of January 2018 and until now still bitcoin is on its way to correct this. Just stay calm and HODL, btc will recover soon.
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Topic
Board Bitcoin Discussion
Re: Are Bitcoins taxable?
by
alexmuro
on 31/03/2018, 14:27:43 UTC
Yes bitcoin is taxable. Not by means of the government is taxing but I guess that the miners were the one who are asking for taxes. The confirmation is dependable on how much btc you spend. If you will spend the high amount in sending then the confirmation of your transaction will be fast.
As far as I know, bitcoin cannot be taxed because there's no law can be applied to it since transactions made are hidden. That is why some other countries are banning crypto-currencies. But many countries are infavor of the adoption due to the benefits that btc brings.
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Topic
Board Economics
Re: Will BTC and large coins recover?
by
alexmuro
on 31/03/2018, 04:05:49 UTC
The whales are just placing the right cards at the right time and then the market will go healthy again. They are the reason we got the price at $20k and we'll hit it again once they start operating.
Yes, you're right. I believe that bitcoin can recover soon. Though many people are getting worried about this market price downtrend. But, for me this should not be taken seriously. This is only part of the game in crypto business. Maybe they wanted it dip more to enable small investors also to take or grab the opportunity so that many can benefit the big spikes of bitcoin's price soon.
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Topic
Board Economics
Re: USD vs BTC
by
alexmuro
on 30/03/2018, 20:34:07 UTC
I think USD is better then BTC. If you hold btc you will have risk.Because Bitcoin can be dumped at any time. But there is no risk to usd.
Yes, I agree with you bro. I believe USD is more popular and more stable currency compared to btc. That is why almost all countries  are adopting this currency. But, in terms of investment I will always choose btc because it has a bigger increase of value with respect to time.

 
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Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
alexmuro
on 30/03/2018, 00:01:36 UTC
For sure the answer is a big No. If Bitcoin had a stable price, it wouldn't be as popular and it wouldn't be an attractive currency for new comers and for big investors. The price volatility and BTC market unstability is giving hope to most Bitcoin traders and holders that its price will go up again, so they keep investing in this currency.
Yes of course. It will affect the popularity of bitcoin. Some investors will shift to invest on other coins, maybe ethereum or altcoins. But, stability of bitcoin's price is not possible because it is dependent on the supply and demand. Investors and users are currently increasing in number and that makes bitcoin more volatile.
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Board Bitcoin Discussion
Re: Possibility of Bitcoin's value to be zero
by
alexmuro
on 29/03/2018, 15:07:06 UTC
The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

Impossible to happen for me because the community is getting bigger and bigger. I there will be no users of Bitcoin there will be a chance but how can it happen if opposite is happening right now. Altcoins are not threat to Bitcoin because Altcoins will always be dependent to Bitcoin in any aspect. Bitcoin has it's advantage due to it's adoption worldwide in businesses or even in economic and investments in some countries arround the world.
Yes, I agree with you bro. For me, I never think it will happen because of same reason. If there'll be no more investors and users of bitcoin, that would mean it has no value at all. But, until now there are many investors and users who are interested and trusted more on bitcoin. I believe and confident that it could possibly survive for 10 years or more with increasing value.
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Board Speculation (Altcoins)
Re: Which coin's going to be the best investment now?
by
alexmuro
on 26/03/2018, 18:00:42 UTC
For me if you have some thousand dollars to invest i would still choose bitcoin because ot is really sure taht it will double the price within this year just like last year. Then etherium wich is also a second to bitcoin, you can invest in ICO just make sure it is legit and it is worth it.
That is a good choice bro. Me too, I would still choose bitcoin. Although some coins are good for investments, but if you see their market value, its crystal-clear that  bitcoin has the biggest value compared to other coins. And this makes bitcoin always popular and number one cryptocurrency around the globe.
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Topic
Board Economics
Re: Why do you want high price of bitcoin after all?
by
alexmuro
on 26/03/2018, 17:22:54 UTC
The scaling problem of bitcoin has been there since bitcoin was only $1000 of course with it's growing adoption and growing user number. This is inevitable to happen but the devs and it's community compromise to implement an solution called lightning network. And there is nothing bad in hodling bitcoin because the truth is we all want to make profit that's why we invested in bitcoin.
Yes, I agree with you bro. All investors in bitcoin have their common goal, which is to gain more profits from their investments and its normal. We know that the price of bitcoin changes anytime, and nowadays we actually see its downtrend price. That's why investors also wanted a high price, because its a big loss of their investments if ever it wont rise again.
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Topic
Board Economics
Re: When will the market turn and start growing again?
by
alexmuro
on 26/03/2018, 15:37:49 UTC
The market keeps defying predictions and speculations and it's hard to predict when the price will take a turn for the better. I do not believe there is anyone who can predict what will happen to bitcoin price. The price has been constantly changing and no one knows what to make of it, we are all just watching with our hands crossed. But as always, all the market needs is time I believe.
Yes, that is true mate. We can't definitely predict the time when the market will be growing up again. Even the changes of bitcoins' price will not be a good reason or bases of the predictions about it either. Only thing for sure I can tell is that, as long as there are many investors who still invested in bitcoin and the internet is always there, bitcoin can still recover and the price will rise again sooner or later.
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Topic
Board Economics
Re: Bitcoin's price is getting low
by
alexmuro
on 26/03/2018, 14:14:43 UTC
This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos.
What do you think is the main reason? Do you think its price will still rise?
Honestly, we cannot really say what exactly the main reason why Bitcoin price are crashing right now, but one thing is for sure that no one can possibly be able to obtain majority of hashing power and hack Bitcoin until today. And I am pretty sure that new cryptocurrencies are definitely not the main reason why this is happening, there are new altcoin that is being created almost everyday and nothing really affects Bitcoin price. What I think is it's just big investors that are taking their profit and this is expected to happen as the price of Bitcoin dramatically increase in just short period of time.
I agree with you mate. For me, the downtrend scenario of bitcoins' value is just a test of time and we can do nothing about it but just to HODL. And for other big investors, they are waiting for this opportunity, the lowest price to come and then its time for them to buy bitcoins because they already know what will happen to their big investments after months later or before this year ends.
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Topic
Board Beginners & Help
Re: How to know that the price' bitcoin increase or decrease ???
by
alexmuro
on 25/03/2018, 14:38:43 UTC
to know the bitcoin price, we have to monitor the market price every second. we can see it on various sites or through the official website bitcoin. that way we can analyze the price.
Yes, I agree with you. It can be monitored whether it is a downtrend or up. You may record its price with respect to time or make comparison from the time you started the activity till next days price. And you will know what is going on with bitcoin's price.
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Board Bitcoin Discussion
Re: why some country banned bitcoin?
by
alexmuro
on 25/03/2018, 09:22:46 UTC
The main reason for this ban is it's really really difficult to control Bitcoin. Bitcoin transaction is anonymous so it's nearly impossible to find out the owner of any transaction. Beside countries banned Bitcoin because their technology still not developed enough to control Bitcoin and its disadvantages to prevent crime take advantage of Bitcoin to commit guilty like tax evasion, drug trafficking,....For now there are few countries legalized Bitcoin but these countries still not able to control Bitcoin totally so I think it'll take much longer to see Bitcoin legalized worldwide.
Yes, that is true mate. Their government are more concern in controlling bitcoin for the safety and economic growth of the country. Thats why they banned btc. It seems they are only one sided, they are looking at the negative side. And they didn't realized the advantages that bitcoin brings to people's life. It resolves unemployment and may give financial stability to anyone who invested in btc.
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Board Altcoin Discussion
Re: ETH next to BTC?
by
alexmuro
on 25/03/2018, 07:02:43 UTC
It is now a lot of eth enthusiasts but if to compete with bitcoin is hard.
Because there is still a lot of interest bitcoin than eth.
So if eth rival the bitcoin it is very difficult and the time is likely long to compete.

Yeah im looking it on the other side of it.. more investors on bitcoin than ETH ..
If we base on the rivalry of the two, bitcoin is always the number one in terms of popularity and demands. Though ETH has increasing value and transactions this year but it could not replace btc. As many investors are still interested in btc compared to ETH. But, ETH has the   potential to replace btc whenever it disappears.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin going to be forever pump and dump?
by
alexmuro
on 25/03/2018, 02:50:49 UTC
Every pump there is gonna be a dump and every dump there's gonna be a pump. This is how digital currency works, they don't have a stable price. It is very volatile you should know it and you have to prepare that this scenario will always gonna happen.
Yes, I agree with you mate. That is very normal in bitcoin due to its volatility aspect. The value or price of bitcoin always depends on the supply and demand which are also not stable. If you want to invest in bitcoin , it is more preferrable to HODL or use longterm investment concept to gain big profits.