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Showing 20 of 91 results by belyaevi
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Board Services
Re: ★☆★ 777Coin Signature Campaign ★☆★ (Member-Hero Accepted)
by
belyaevi
on 22/08/2018, 15:18:11 UTC
They are "free to leave at anytime," but they won't be paid what they are owed if they do...
The reply mentions that the manager paid a member leaving the campaign in between.
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Board Meta
Re: Merit & new rank requirements
by
belyaevi
on 12/03/2018, 16:30:55 UTC
I personally don't have the time to live on Bitcointalk.org. I work 50+ hours a week and login to bitcointalk.org about twice a day to sale misc goods. Now is this fair to me, or others like me, that we can't rank up because of this? Again, opinions are like assholes, everyone has one. And I'm fairly sure you know mine. Point is, if Theymos can sell whitelist to be able to post more on Bitcointalk, then selling Merit Rank-ups should be no different.

If you only use the forum to sell stuff - why do you care about merit and rank?

Thats really simple and a dump question both. Who will get more sales? Legendary vs Member

Member with green trust would probably get more sales than Legendary with red.

You really made an awesome comment here. Most of the members do not realize this and they talk bout not being able to get merits. Many among them do not need any merits at all (just like in this case). If I am getting a good service at reasonable price from a Junior member, I will keep buying from him. I also provide some online services on other forums and all buyers chat with me before placing the order. Any experienced buyer can judge you in minutes  with the conversation you do with him. I had also purchased services from other members there and it makes no difference to me if the member has any special badge associated him there.
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Board Meta
Merits 1 from 1 user
Re: Newbie, Jr Members, Members suffering from merit-phobia: Explanations and Advice
by
belyaevi
on 12/03/2018, 16:26:57 UTC
⭐ Merited by amishmanish (1)
It is good that you are suggesting members to improve their writing skills and grammar. I see it in a different way. Most of us had different upbringings, we got different type of schooling , guidance and friends. Most of this was not under our control and our learning of everything (including English) was affected by this. I am fine with people being able to convey their message even if there are minor mistakes in the content. I consider myself as no expert either and it took me a lot of effort to reach current level. Everyone who has a positive attitude can improve their writing skills to some extent but drastic change is impossible.
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Board Bitcoin Discussion
Re: Why aren't there more women in Bitcoin?
by
belyaevi
on 12/03/2018, 16:21:13 UTC
For me, Most of the woman are busy doing household chores, and irritant to invest a business without assurance especially in dealing crypto's. In traditional mode of way of living, The role of men are usually the breadwinner's, The wife's or the Mother's are the nurturer and assist the father to guide the children to become mature and independent. The Father are the protector and provider of the needs financially:)

I do not in which century are you living. I see women working in all fields and doing even better than men in some areas. I think women are more calculative and thus they do not show much interest in risky bitcoins investments. Regarding taking care of children and doing household work, this is something that should be shared between both the partners if they are working. On the other hand, men always like doing wild things and taking risks. As a result, they do not mind spending some money in bitcoins.
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Board Bitcoin Discussion
Re: Bitcoin may not be number one for long
by
belyaevi
on 12/03/2018, 16:15:51 UTC
I just want to reply even though this is an old post. Based on your expectation, ethereium could surpass bitcoin by summer 2018. Well, the first quarter of the year is almost over and the eth price is still way more behind of bitcoin. It is actually more than a hundred percent lagging for the bitcoin price and I assume that even the end of the year, eth price can't step even half of the price of bitcoin. Nevertheless, it is still a good sign that eth price is continually increasing as the time goes by.

We should not compare these two in terms of price only. As an investor, you should make the judgement based on the returns you are getting on different investment options. Bitcoin prices are already quite high (about $10000) at the time of writing this post. Even with most optimistic estimate, it will  be about $30000 by the end of 2018. Now suppose, you invest in $100 worth bitcoins, you will get $300 at the end of the year. If you invest $100 in Ethereum at current price level, you will at least make $500. Similarly, you can get even better returns with other less priced coins.
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Board Bitcoin Discussion
Re: Would cryptocurrency as a real currency be functional?
by
belyaevi
on 12/03/2018, 15:48:42 UTC
It will be useful & functional once the security and scalability is at its best. Minimal transaction times and costs is why cryptos are so special and interesting to use as a currency. This probably is the most important usecase for the whole technology.

I have got fed of of hearing the same things about bitcoins which are not true at all. You mentioned that bitcoins has minimal transaction time and low costs which is not true at all. If you have expereince of other payment options like PayPal, Stripe, Credit Crads, bank transfers all these are way faster in comparison to bitcoins. In case of bitcoins one has to still wait for 10-20 minutes (as per current situation) for a a transaction to go through. Most of the online deals and payments are done in seconds and thus bitcoin is impractical for those transactions.
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Board Bitcoin Discussion
Re: Crypto currency in five years!
by
belyaevi
on 12/03/2018, 15:45:56 UTC
one thing about technologies, specially new ones is that they spread very fast. their adoption curve is usually like an S curve and in case of bitcoin this is very true. and the characteristics of an S curve for adoption is that it is pretty slow at first (like the past 9 years) then it slowly speeds up and finally becomes so rapid that it reaches its final stage in a very short time hence creating the vertical part of the S curve.

How many years you think are still left in the slow phase ? The length of S curve can vary a lot in between different technologies. For instance, let us  talk about Facebook. Facebook is now 14 years old and I think that initial phase of slow adoption is already over for it. I think it has reached 90% of its potential already in terms of user base and it is now very hard for it maintain this number. Facebook is something that people are able to use without the fear of losing any money. In case of bitcoins, this is not true.
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Board Bitcoin Discussion
Re: Is Bitcoin the Biggest Bubble in Human History?
by
belyaevi
on 12/03/2018, 15:42:17 UTC
Maybe so, and so what?
After all bubbles were expired, those tulips or dot.com industries or real estate or stocks market did not disappeared, right? Those industries are here and working after correction.
Yes, there is no huge profit as before, just healthy  10-15% per year, but they are still there..
so if the btc will explode, I hope that all crypto will remain, but corrected..

So what ? You cannot imagine the financial trouble people will face when it finally bursts. If it collapses and price goes to $500 or below a  lot of people will become bankrupt. I think that a lot of companies will be affected as well especially those who have started to take payments in crypto.

In my opinion bitcoin is not a bubble but the current prices are heavily inflated. The main issue is that people are not using it for the purpose the developers started it. It was developed to be used as  a payment medium but only few people are doing this. Everyone is interested in receiving payment in bitcoins and very few people want to spend their bitcoins.
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Board Bitcoin Discussion
Re: Only Bitcoin or diversify?
by
belyaevi
on 12/03/2018, 15:36:25 UTC
This one i guess is quite simple to the most of you. Recently i am kinda feeling that the smart thing to do would be stop growing my portofolio and start to look bitcoin as the only crypto investment for me. Just want to now your opinions on this because besides forums i cant really discuss this matter, let me know.
never put all your eggs in one basket.
it is very risky to have only one cryptocurrency in your portfolio.
But Bitcoin is godfather, so can risk your money on that. but to stay safe better invest in other stable crypto currencies as well

I agree to this suggestion. You can invest in other coins to diversify. This will ensure that you will not loose all your money in case something bad happens to a particular coin. If you are investing only in bitcoins, you will also not be able to get returns like 50-100 times in a year as the prices are already quite high. This is possible with new coins if you are picking them correctly. While picking a new coin , only choose from top 50 performing coins. If the coin has been showing decent returns for last six months, you should go for them.
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Board Bitcoin Discussion
Re: KYCs (Know your Client) is killing crypto
by
belyaevi
on 12/03/2018, 15:33:46 UTC
I guess it is a government requirement to oblige big exchanges to have KYC. I don't think KYC is a bad thing, unless you plan to use your money on evil things. Also, in order to achieve mass adoption, regulation is a must, and KYC is one of the stages to achieve it.

I completely agree to this. KYC is good for bitcoins as it ensures that the fraudsters, criminals or terrorists stay away from these. Even after there are KYC requirement for bitcoin, I see a lot of people cheating exchanges by registering accounts with fake documents. In my country, even opening a fake bank account is not that hard and you can easily get it done with the help of bank employees. I hope that government looks after these cases with extra investigation. I do not want my countries economy to suffer because of all black money being spent in bitcoins.
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Board Bitcoin Discussion
Re: Crypto ICO's are killing Bitcoin.
by
belyaevi
on 12/03/2018, 15:30:50 UTC
I never understood why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.

So in Short - ICO's are killing Bitcoin and CryptoMarkets.


I agree that crypto ICOs are killing bitcoins and it is because of a number of reasons:

1) Scam ICOs : Most of the new coins are scams and they are launched just to fool the people and get their money. When people loose money in these, they blame whole crypto community for this. As a result, the image of bitcoins is affected as well.

2) Bitcoin share decreasing: With so many ICOs being launched everyday, people are selling their bitcoins and investing that money in new coins. They hope that they will be able to make much more profit. As a result, the demand for bitcoins is decreasing.
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Board Economics
Re: Bitcoin as your main income?
by
belyaevi
on 12/03/2018, 11:25:26 UTC
My first investment in crypto currency was an investment in Bitcoin.
Now I believe that it is much more profitable to invest in promising projects and in altcoins.

That also comes with a lot of risk. I have seen a lot of people losing all their money in alt coins as they completely collapsed. Thus, if you are ready to take higher risks in comparison to bitcoins, then only go for alt coins. I will not recommend them to middle class people with family responsibilities. Such people anyway do not have much money left every month to invest in crypto. They should invest it in safer and reliable option in form of bitcoins. To diversify go with only top 4-5 alt coins and nothing more if you still have some savings left.
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Board Economics
Re: Elevator down and stairs up for BTC?
by
belyaevi
on 12/03/2018, 11:22:10 UTC
As a investor you should always want stairs up. You need to understand that the "Elevator" of losses down for BTC was just because of the mad influx of money into bitcoin during the period where we had like 3 different forks and you saw BTC jump from 8k into 22k. It jumped up so quick that there was no real base on the mad influx that made it so easy to crash so hard. When it takes slower to rise and with a much lower percentage gain it will have the same lower percentage drop on the way down. (as all markets have peaks and valleys) As a investor who is in it for the long term on blockchain technology I would much rather see a much slower organic growth than "elevators" up any day. I hope you found this information useful!

Superb advice. I was amazed by sudden jumps like (20% up in a day) and thought that most of the people are making money only by short term trading. With time I realized that the people really making good money with bitcoins are those that have a lot of patience. Before investing I only used to hear about the ups and now I also see the downs of same intensity (10-20%) in single day. Thus now I have changed my investment approach completely and I am not going to withdraw any money at all before some years.
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Board Economics
Re: Why do people buy high and sell low
by
belyaevi
on 12/03/2018, 11:19:07 UTC
I've been one of those people, the people that buy at the high points of crypto and then sell low, losing my money and then later on losing out on a good amount of profits which I could've made. I'd like to know some of the reasons that people do this, besides doing it to cut their losses as that one is my reason.

Thanks guys!

Here is why people buy high ans sell low:

1) Panic sellers: Most of the new investors start investing money without doing research about the bitcoins prices. They just read some story about how someone made thousands of dollars in profit with bitcoin investment in few weeks. They think that bitcoins prices will always go up which is not true. Once they invest and the prices start dropping, they panic and thus sell all their holdings.

2) Emergency requirement: Suppose you invest at $15000 and price drops to $10000. Now you know that it will come back to $15000 in some time but have some emergency requirement and thus sell in loss.
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Board Bitcoin Discussion
Re: Cryptocurrency future in India
by
belyaevi
on 12/03/2018, 11:11:37 UTC
Hello Community,
I see many people from India getting involved into Cryptocurrencies recently.
However because of lack of knowledge and rumors, many people still prefer to stay away from Cryptocurrencies in India.
Government has not given green signal yet, that could be another reason.
what could be more reasons you people think? Huh

There had been a number of online scams in India in the recent past. Recently a man operating a click to get paid website was arrested and he made more than 30 crore INR through this scam. When Indian people hear about bitcoins, first thing that comes to their mind is that this is also a scam.They are trying to judge bitcoins based on those past experiences and are not ready to invest. Sometimes media also keeps releasing negative news related to bitcoins in India. Most of the news is fake just to get more viewers but it affects the future investors.
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Board Bitcoin Discussion
Re: is this true that GOOGLE will ban the ICO and crypto related ads?
by
belyaevi
on 12/03/2018, 11:06:27 UTC
I don't think so. I don't have to worry about that.
Because the profit from the ICO advertising to Google is amazing, if it is not restricted by very strict laws, then I think Google will not give up such a big profit.

This is not true. Google or any other reputed company (for instance Facebook) does not make these decision based on profit only. They also think long term, they do not want to get associated with advertisers that are scams or look suspicious. This is because it hampers the image of the company and thus genuine companies may stop using them. This is why they keep denying  a lot of advertisements like affiliate links. Coming to the question raised by OP, Google has ye not announced such a decision and thus there is nothing to worry about.
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Board Bitcoin Discussion
Re: Billionaires buying Bitcoin
by
belyaevi
on 12/03/2018, 11:00:35 UTC
For billionaires, making investment in bitcoins seems to be more correct. Even if they make some loss, it will not make much difference to their lifestyle.

I think different type of billionaires will approach this is different ways:

1) Someone who has become a millionaire only by his hard work and started from a very small capital will be very careful with any money he is spending no matter what is his current net value. Another thing we should not forget that such a person will already have a lot of successful business working for him which require continuous investments. He will always give preference to these while investing money in comparison to bitcoins.

2) Then we some people who inherited a lot of money. Such people may like to invest in risky things like bitcoins.
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Board Bitcoin Discussion
Re: Is this real?
by
belyaevi
on 12/03/2018, 10:39:20 UTC
Bitcoin $1 to $10,000 in 9 years is also dangerous because terrorists, drug dealers and criminals must also be mining or buying Bitcoin since it is decentralized.

50,000 % profit for Bitcoin has given $200,000,000 to North Korea and $30,000,000 to ISIS & ISIL. Bitcoin at $100 looks OK.

Nice point there, bitcoin was able to survive and grow even after so many accusations. This is because these are just foolish accusations. If a terrorist organisation is suing bank services, should we shut down all banks ? If criminals start using PayPal for transferring money (which is done as many illegal things are sold in dark web through PayPal) ., should we close this awesome company. There is no fault of bitcoins in any person or a particular group of person is using it for illegal activities. We should catch those people.
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Board Bitcoin Discussion
Re: Is there something that Bitcoin was not blamed for yet?
by
belyaevi
on 12/03/2018, 05:20:41 UTC
A senior member mentioning that bitcoin is best payment option for legal and illegal activities. Are you trying to promote the use of bitcoins for such activities by saying so. We should be discouraging this because it is one of the main reasons why some countries are banning bitcoins in their community.

Any kind of negativity associated with bitcoins will hamper its chances to survive longer. Regarding bitcoins being associated with other problems like global warming, we should be looking at solutions to those problems instead of just laughing at them or ignoring them completely.
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Board Meta
Re: When do YOU think you will level up on merits?
by
belyaevi
on 12/03/2018, 05:02:38 UTC
If the situation continues on what it is :
1.will be Member after 2 months.
2. will be Fullmember after 6 months.
3. will be Srmember after 2 years.
4. will never be hero/Legendary member.

In the beginning when merit system was implemented , I was seeing a lot of posts being rewarded but it has slowed down now. Based on current situation, I expect to be a member after 50-60 posts. It may happen earlier if I show some creativity and make some thread here like :

https://bitcointalk.org/index.php?topic=2896910.0

I am not doing this currently because such a post requires the member to remain active and respond to all submissions. My current offline work schedule does not allow me to do that. Overall , I am content with my performance here so far.