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Showing 20 of 27 results by beyasuli
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Board Bitcoin Discussion
Re: How can a goverment trace you have BTC?
by
beyasuli
on 18/09/2018, 07:10:01 UTC
Although bitcoin transactions are anonymous, at present almost every exchange market requires us to verify the identity we have so that the bitcoin we have can be converted to the local currency we use. therefore the government can easily track us via ip and find out our identity
Bitcoin transactions are anonymous, so it's safe. But when bitcoin wants to be converted into fiat money, an identity is needed for administration. This is where the government can implement policies such as collecting taxes. So the bitcoin transaction itself won't be tracked by the government as long as you don't cash into fiat currency.
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Board Bitcoin Discussion
Re: DO PEOPLE STILL HAVE CONFIDENCE IN BITCOIN?
by
beyasuli
on 18/09/2018, 06:54:29 UTC
Smart people have confidence, not smart doesn't have that confidence. We all know that Crypto is very useful technology and have the future, but current situation makes cry people who don't understand what is happening.
I believe that bitcoin has a very good prospect, considering that it only takes a decade bitcoin has become the most expensive digital currency in the world. Can you imagine bitcoin 50 years from now? My prediction of bitcoin has been accepted by the majority of the world population as a tool of trade or investment, especially in countries that have fast internet.
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Board Bitcoin Discussion
Re: Why you should stay off from market prediction
by
beyasuli
on 18/09/2018, 06:42:20 UTC
in my opinion it's wrong. we must get information from all sources including market predictions or predictions from coin trading experts. so we can get more knowledge if we will invest or start trading coins. we will also get more up-to-date information if we follow market predictions.
Without predictions such as walking without direction, therefore the predictions of experts are used as a reference for making decisions in bitcoin trading or investment. But, the predictions of experts can be ignored if our calculations are different. Because their predictions can also be wrong.
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Board Bitcoin Discussion
Re: Awareness is the biggest influence.
by
beyasuli
on 17/09/2018, 06:23:36 UTC
There have been many residents who know what cryptocurrency means, but some positive and negative news, has made people's enthusiasm for cryptocurrency split. Many of them who gave a positive response however not a few also who responded with a pessimistic face. For us it doesn't matter, maybe we really have to go further to fight for it.
Absolutely, bitcoin is widely reported after December 2017, the price is almost US $ 20,000. Newspapers, magazines, TV, and online news all preach bitcoin, of course with each other's point of view. Some are positive but some are negative, making bitcoin more popular. Our task to correct negative information for the purpose of bitcoin can be accepted by the public.
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Board Economics
Re: Blockchain will help Economy.
by
beyasuli
on 16/09/2018, 06:19:39 UTC
yes you are bitcoin and blockchain technology will help the world economic conditions and with bitcoin all transactions can be very safe so bitcoin can be one of the perfect solutions to overcome future economic problems. so have as much bitcoin as you can right now because I am sure that in the future bitcoin will be increasingly difficult to obtain.
Blockchain is a digital technology that is capable of recording and filtering all data on many interconnected servers so that it is very difficult to manipulate or steal without being discovered, because of the monitoring of many servers. The added value proven in bitcoin is the cost is cheaper, transactions are easier and safer. This technology can also be applied in many fields such as forestry, agriculture, trade, etc.
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Board Economics
Re: What would happen to banks?
by
beyasuli
on 16/09/2018, 06:07:11 UTC
Give this man a merit! Definitely put out the exact words that I'd be putting right there, banks won't be extinct, but will be adapting cryptocurrency as something that both the crypto and the bank will be benefiting a lot, and I think you constructed the post as simple as possible, something that would attract the reader and will convince him/her to continue and finish reading the whole statement.
The bank won't die, that's for sure. At any time the bank will become a financial sector operator for a country. When cryptocurrency emerged and became a payment instrument throughout the world, banks continued to play an important role, because the government had an interest in the bank which was a source of income tax and information about the amount of money in circulation.
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Board Economics
Re: Companies that are scary
by
beyasuli
on 16/09/2018, 05:51:55 UTC
Facebook I think is the most because of connections  you are expose to many people that can hack or get the information they needed, they may easily have access to you considering they are open also to many posting, comments etc.
This is scary when our data is owned by the company, because it can be misused. But what else do we have to do because every time we make a transaction such as a home or car loan, the loan company must ask for our personal data. Without that, credit cannot be given. So, for me there is no problem as long as it is not misused.
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Board Economics
Re: Bitcoin can be useful for a troubled economy
by
beyasuli
on 15/09/2018, 12:06:13 UTC
Exactly, in troubled economy of an environment or country, how to survive becomes the struggle of the people and if bitcoin is available they are definite to survive, even in my country we have been battling with economy recession but we have always been able to survive the hurdles with this great opportunity.
For countries that are facing an economic crisis, the use of bitcoin might be able to provide business opportunities or trade solutions, where their fiat currencies are falling so prices are very expensive. But of course the effect is not significant because bitcoin will be converted again at the local currency exchange rate. So, the role of bitcoin is more to ease transactions between regions or between countries, because it speeds up and simplifies.
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Board Economics
Re: Blockchain future
by
beyasuli
on 15/09/2018, 11:52:16 UTC
Blockchain is a system that can show and simplify the system of any body in the state. Unfortunately, thanks to the blockchain, many people will lose their jobs, but it will greatly simplify the work of other authorities. This is a complex system that communicates one with the other
Blockchain has very bright prospects in the future, because it can be applied in almost all sectors of life, such as agriculture, finance, trade, and even health problems. Blockchain will facilitate operational or data collection that can be used by institutions that need it because the system is decentralized so that data is stored on many servers that check and protect each other.
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Board Economics
Re: Politicians fear cryptocurrency because it will stop corruption.
by
beyasuli
on 15/09/2018, 11:38:50 UTC
yes cryptocurrency has a very positive impact on politics because it can avoid and stop corruption because all assets owned by the government will be known by all people. so it will be very difficult if used for corruption.
Corruptors are criminals, so they will always look for loopholes to commit their crimes, in this case steal public money. Therefore they always reject crytocurrency applications, because blockchain technology can thwart their crimes. With this system all data will be stored in a network of interrelated servers, making it difficult to manipulate or abuse to  corruption.
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Board Economics
Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
by
beyasuli
on 14/09/2018, 07:56:39 UTC
There is no doubt that in the current situation it is better to trade only with those cryptocurrencies which have USD as basis currency and fix profit in USD. Also I try to increase only my USD. That's why I hold my all money in fiat.
I prefer to increase investment in US dollars, but also invest in bitcoin. For trading, I prefer bitcoin, because of historical factors, bitcoin is a crypto pioneer, which is certainly favored by the market. Don't put your eggs in one basket, that's the business principle. So there is no need to fear losing, because businesses only know two words: profit or loss.
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Board Economics
Re: Why everyone only invest in the crypto market?
by
beyasuli
on 14/09/2018, 07:45:34 UTC
Why would everyone invest only in crypto market? well its their choice maybe because they saw more advantage on it rather than just one particular project, perhaps they saw more potential profit are being laid there.. and more advertisement is shown.
They are investing in crypto because they are tempted by the high price of bitcoin in December 2017 which is close to US $ 20,000. Who would have thought that the price of bitcoin would be that high? Everyone wants to invest and enjoy the benefits. They do not realize that crypto is a currency that has fluctuations so that investment can be profitable but it can also be a loss.
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Board Economics
Re: Diversify Investments
by
beyasuli
on 14/09/2018, 07:27:47 UTC
Normally this is a good strategy, but in the crypto market very often all currencies go up and down simultaneously.
So, maybe it's better not to bet everything on the crypto, and to differentiate with other types of investment.
I believe investment in crypto, especially bitcoin is still promising, because as digital money the prospects are very bright. The future is the world of technology, where the price of bitcoin as a digital currency continues to increase. If there is a price reduction it is reasonable because of various sentiments. But it is better if the money held is not invested in crypto all, it needs to be diversified so that it is safer and more profitable.
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Board Bitcoin Discussion
Re: Do you still believe in predictions of "experts" about the bitcoin price?
by
beyasuli
on 13/09/2018, 08:11:46 UTC
I was believe before to the expert by telling a signal when you going to buy and when you going to sell it with a percent to get a good profit but damn i was lose my money 2 time's by believing some of the expert then now i read threads like this and research is the better way to earn is by your own decision and researching any loses will come you don't have to blame anybody cos you did it by your own decision to buy
The opinions of experts are only for comparison, but the results of my analysis are personal. Because experts have different opinions about bitcoin, but none is 100% correct. If they find out in December 2017, the price of bitcoin will reach almost US $ 20,000, it must have been bought and become rich.
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Board Bitcoin Discussion
Re: Bitcoin, blockchain, technology that does miracles
by
beyasuli
on 12/09/2018, 08:00:25 UTC
That's a good idea for the usage of Bitcoin now. Actually, we can deny the advantages of Bitcoin. As you know , Bitcoin is still illegal in several countries and even is banned. However, Bitcoin now is not taken taxes, so the governments do not make income from bitcoin. Do it become  to deficit budge ?
The magic of bitcoin lies in a system that was never thought of before, where financial transactions did not involve the government or banking. This is amazing, bitcoin breaks the run money theory wherever it can be traced. It turns out that bitcoin can get rid of everything. So, there is a good side but there is also a bad side. The government must be more rational in looking at bitcoin and immediately find ways to get bitcoin users to be taxed, because taxes are a source of state revenue.
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Board Bitcoin Discussion
Re: South Korea Opens Doors for Cryptocurrency
by
beyasuli
on 12/09/2018, 07:46:31 UTC
South Korea is the country that has long opened its doors to the crypto market! I think that South Korea is the very first country to control and regulate the crypto world! a lot of countries look at it and also make decisions after it!
South Korea is a developed country. One characteristic of developed countries is the application of future technologies that can change the world in a better direction. Cryptocurrency is an internet-based digital currency system. Without that, it won't work. Therefore digital telecommunications is advancing very rapidly. The South Korean government sees from the positive side of cryptocurrency, because technology cannot be avoided.
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Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
beyasuli
on 09/09/2018, 15:04:58 UTC
This question is depends on what will actually happen in the future. I guess that it might be it. The banks might do it but I think it might not. That's the difference. It is whether the bank's choice to do it or not. It is up to them.
At the moment I don't think it's possible because the system is different between banks and bitcoin. Someday in the future it may be because the change is certain to occur, both bitcoin is synchronized with the banking system or banking that adjusts to the way bitcoin works. Who knows? Because technology always develops in line with human needs that want to be easy, cheap and safe.
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Topic
Board Bitcoin Discussion
Re: Do you think that the HODL approach is good bitcoin?
by
beyasuli
on 09/09/2018, 14:56:25 UTC
I think this is the right way to hold because I hear a lot of news holds first because the market is not good enough

HODL is one way to play safely, which is to save your bitcoin as long as you want until the price matches your expectations. These are investors who play, because time is not a problem. Long-term investment in bitcoin. For traders that are different, they cannot be old HODLs because bitcoin must be traded for short-term profits. Traders like bitcoin price fluctuations, because fluctuations usually benefit traders. Their price increases, the price drops they also benefit, because they buy at a low price then sell when the price goes up a little is enough.
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Board Bitcoin Discussion
Re: Bitcoin is gaining momentum in Africa
by
beyasuli
on 08/09/2018, 11:42:29 UTC
I think it's a good news. Bitcoin Love John It's very important news. Currently Bitcoin is an important coin. Bitcoin is known as a digital currency. Some countries may oppose it. But Bitcoin can keep its market rates and move forward further, one of the evidence is that Bitcoin Mobility in Africa is to achieve. I think Bitcoin is good news for traders.

yes, I agree with you, maybe bitcoin hasn't been well received in some countries, but one day bitcoin will enter countries that are now rejecting it because bitcoin now receives more and better. And I'm sure bitcoin is getting better the system. And bitcoin is also a profitable business if we explore and understand it.
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Board Economics
Re: Be greedy when others are fearful...
by
beyasuli
on 06/09/2018, 12:30:03 UTC
I think when you become greedy like that it will give you a very high risk, you better not be too greedy and just follow the movements that do not take too much profit.
Greedy means pursuing something to get more than you already have, a very ambitious principle. In a greedy business it is identical to making as much profit as possible when others do not dare to do it. This mentality is very suitable for speculative businesses like bitcoin, because when other people sell, they dare to buy with careful calculation. Big profits are obtained when the calculation is correct. But it can be a big loss when the calculation is wrong.