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Showing 20 of 764 results by biletskiy
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Board Economics
Re: Invest in BTC vs Invest in Real Estate?
by
biletskiy
on 16/12/2018, 13:03:30 UTC
The real estate market seems to be very strong, but now it has reached the end, and there are very few countries that can invest in real estate. They are some new economies, and they belong to third world countries. These countries have certain profits in their housing prices. But I think the cryptocurrency market is more profitable, but both investments are risky.

If the guy lives in the country where the economy is poor, probably, it will be good for him to invest money in real estate abroad, in Spain, for instance. Cryptocurrencies are not stable still.
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Board Altcoin Discussion
Re: Less price = more profit?
by
biletskiy
on 16/12/2018, 12:53:22 UTC
Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?

It is good to invest in cheap altcoins only when its have the prospect of development. Useless altcoins will disappear and will not bring profit so you need to carefully analyze everything.
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Board Bitcoin Discussion
Re: How many times you heard the bitcoin gonna die?
by
biletskiy
on 16/12/2018, 12:50:32 UTC
About the death of bitcoin says everyone who knows little about it and does not believe in it. But we must not listen to this idle talk. We need to look at the development of the technology itself, and with this bitcoin has no problems.



As I remember, the information about the possible death of Bitcoin was published more than 300 hundred times. I can be mistaken, but the main idea is the following: BTC will live long.
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Board Altcoin Discussion
Re: If all altcoins die, only Bitcoin is left, will it rise X100?
by
biletskiy
on 16/12/2018, 11:56:11 UTC
We know, at the beginning of crypto, there was bitcoin as only one crypto. If we return to that situation, will Bitcoin rise sharply?
Does Altcoins have a more positive impact on Bitcoin or will it weaken Bitcoin?

All the altcoins cannot die but the useless will be forced to disappear soon. Bitcoin will of course remain the most important and will influence the price of altcoins.
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Topic
Board Economics
Re: Why everyone only invest in the crypto market?
by
biletskiy
on 15/12/2018, 11:23:32 UTC
Every one makes their investment in the crypto market because it is the vast and bigger in this world.
Profit earning is also more. And people can get involved in this world easily, because it is understandable and affordable to everyone.

Not everyone. Forex and stocks are more popular. The crypto society is not so large yet, but the number of people that wish to become traders and than invest in BTC and altcoins is growing.
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Board Trading Discussion
Re: are you now afraid to save bitcoin until December 2018
by
biletskiy
on 14/12/2018, 12:34:12 UTC
For the past two days, the price of bitcoin has been dropping sharply and it is expected that it would go down even more in the coming days, so i am a bit confused, can't decide what to do.
No matter how much the price of Bitcoin will drop you have to keep faith on Bitcoin and have not to sell in this down market. If you will sell then you will lose your money and along with that you will also help the price to dump more which will hurt other holders of Bitcoin.

The guy can sell Bitcoin if he is 1000% sure that he cannot work with the cryptocurrencies more. He must be ready to lose and be strong enough to start another business. As for me, I will hold BTC.
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Board Economics
Re: Will people come back to gold
by
biletskiy
on 14/12/2018, 12:31:01 UTC
with the current market conditions, maybe people will come back to choose gold to invest because gold is safer and has a smaller risk of crypto and they don't have to lose a lot of money and become poor in crypto
Gold has always been an important part of a diversified investment portfolio for a very long time and basically nothing has changed that due to how the price tend to increase in response to events that results in the decrease in value of other investments such as stocks, bonds and the likes. We are already seeing that, and obviously looking at the reaction lately with the bullish nature of gold, that simply depicts one thing we all already know.
although the price increase is not like cryptocurrency, but with gold, the trend seems to always be bullish, so many people think that gold is indeed suitable for long-term investment. this has been trusted from ancient times, even from the royal story of my country, gold has become a prima donna for the symbol of a person's prosperity

Lol exactly, since early human history, gold has always been symbolic for wealth and abundance

I even suppose that most of Bitcoin holders that are rich enough invest mostly in gold. They can love cryptocurrency and believe in its future, but they also trust this precious metal.
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Topic
Board Economics
Re: Bitcoin need a miracle
by
biletskiy
on 14/12/2018, 12:28:41 UTC
Miracle will only happen if most of bitcoin enthusiasts keep their faith in bitcoin after all what happened this past few months. What we need is a much wider range of people getting involved for a much higher demand. But how? We can't force people on their decisions! So I disagree to most members that we do not need a miracle. We do need a miracle! And I think it will only happen if we all believe. (Law of attraction).
We already saw many miracles. Everytime the price drops hard, we experienced a huge wave driving the price many times higher. It may take months this time but it will recover with a miracle or not  Wink

I like your realistic point of view. I suppose the miracle happened when Bitcoin price reached 20 thousand. Now, if BTC touches 10 thousand mark in 2019, it will be another wonder.
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Board Bitcoin Discussion
Re: How many people have btc?
by
biletskiy
on 13/12/2018, 16:52:46 UTC
It is difficult to assess but not impoosible but the reference in which it is being asked it is sure that numbers on the rise.

Statistics informed that in summer 2018 the number of people who had Bitcoin wallets was more than 20 million. I think, in reality, there are fewer guys that own BTC. Some people simply do not use these wallets.
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Board Bitcoin Discussion
Re: Holding BTC at this satge is a bad idea?
by
biletskiy
on 13/12/2018, 16:49:07 UTC
Hold, sell and buy must be based on an analysis.Especially as to sell at such low price as now nobody wants.

This stage is right to hold Bitcoin. The cryptocurrency price is too low to sell it. If you get rid of BTC now, when the market is, sure, down, you will certainly lose. Just do not touch your crypto these days.
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Board Speculation (Altcoins)
Re: Don't panic sell
by
biletskiy
on 13/12/2018, 16:47:25 UTC
yes you should not be easy to panic when falling prices should be the right time to buy coins, but in fact there are many traders who panic so that it will worsen the market conditions.

It seems to me that all guys know that we must not sell the cryptocurrencies now. However, each time I hear, this or that guy managed to do it. Why? Simply stop to panic and hold alts and BTC.
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Topic
Board Economics
Re: Let's suppose that Bitcoin became universal (used everywhere you go)
by
biletskiy
on 13/12/2018, 16:24:57 UTC
Bitcoin can never substitute for traditional fiat currency.
It was designed for different purpose and can hardly fit requirements put forward to fiat currency. If anything, there should be some new Cryptocurrency that will fit society needs and it will not be Bitcoin.

No, it cannot replace fiat, but I can admit that in 5-7 years, the cryptocurrencies will be used ion most places, including the land stores (not online shops only). For me, it will be very convenient.
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Topic
Board Speculation (Altcoins)
Re: Crypto market in depression
by
biletskiy
on 13/12/2018, 16:15:45 UTC
Yes, it is true that the crypto and especially Bitcoin market is in depression. But that doesn't mean that it won't get back again. Though it will take some time, we can expect to see some positive changes by the end of 2018 and begining of 2019.

This depression time has been lasting for almost a year. Being an optimist, I believe that logically, we can guess that the period of growth will come very soon. Thus, I am ready to wait for it
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Board Bitcoin Discussion
Re: With all honesty, who still wants bitcoin to die?
by
biletskiy
on 13/12/2018, 16:05:13 UTC
Bitcoin should not die, it's already bad enough so any one wishing worse should please desist.
You can keep using bitcoin without any worry. It will never die because of its loyal users. Smiley
I really don't want Bitcoin to disappear or die, because I think bitcoin is a source of life for some people who understand it like trading or investing in bitcoin.
Very few people in the world are having trading and investing in crypto as a source of daily bread. It would be risky to do that and its safer to keep those as side hobby earnings while doing a day job.
Quote
besides that bitcoin can be the safest payment method
Till date it is the safest provided human error is zero.
Why would anybody want something to die when it could provide us with so much potential?
Nobody wants it to, except the no-coiners who are harvesting this black opinions for their own gains from weak crypto holders.

I do not think that somebody really wishes death to Bitcoin. Even the cryptocurrency haters simply do not care about BTC and the altcoins. They stay indifferent and do not care about the crypto market.
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Board Bitcoin Discussion
Re: Why is Bill Gate against investing into bitcoin?
by
biletskiy
on 13/12/2018, 16:02:34 UTC
Bill gates also admitted that Bitcoin is better than currency  here https://www.youtube.com/watch?v=vwHKGa96S9M

Yes, I know. I always suspected that Bill Gates was among those men, who were the first ones to invest in Bitcoin. This is a very intelligent person, and he could not miss this chance.
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Board Bitcoin Discussion
Re: Who is Satoshi Nakamoto?
by
biletskiy
on 09/12/2018, 17:58:34 UTC
Satoshi Nakamoto is the name used by the unknown person or people who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, they also devised the first block chain database.

I guess, most of the people that work with Bitcoin, know about it, but no one knows if it is the truth. I remember, several months ago the information that Elon Musk could be BTC father appeared, but the millionaire said it was not his "fault".
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Topic
Board Speculation (Altcoins)
Re: Bitcoin price effect on Altcoin
by
biletskiy
on 09/12/2018, 17:46:14 UTC
it affects so much, bitcoin is a king. when bitcoin is down, altcoins are down too
even on bad market like now, many altcoins have no value

You can even predict the prices of altcoins watching only the growth of Bitcoin. When it is up, the tokens jump high, when it is down, alts are declining. Hope, in future BTC will not affect other cryptos so much.
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Board Trading Discussion
Re: Can I daily earn 10%
by
biletskiy
on 09/12/2018, 17:40:42 UTC
first 300% per month is not impossible but the possibility of loosing your money is much more , because gaining that much means you need to take 300% risks , in this bearish market that bitcoin has broken 4000$ that is almost a dream to make 10% per day , sorry!

actually calculating fixed profit is very unlikely, market factors that are always flexible greatly affect mentally, sometimes there are coins that do not even make a move at all in 24 hours so that if such, the coin has a tendency to dump

Yes, the most experienced traders know that this business can never bring the fixed sums of money. Now, when the market is red almost all the time, a 10%  profit seems to be a miracle.
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Board Altcoin Discussion
Re: ETH so popular
by
biletskiy
on 09/12/2018, 17:34:26 UTC
in my opinion the very first Pouler ethereum reason supports a lot of platforms and makes a lot of changes to the crypto industry, all tokens that appear use an ERC20 wallet.


There is a great number of Ethereum's fans in the world. And I am actually one of them. I believe that Vitalik Buterin is a genius of modern times. Smart contracts make it is possible to use blockchain in many spheres without any additional arbitrage.
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Topic
Board Economics
Re: Confirmed, bull run begins now, what expectations?
by
biletskiy
on 09/12/2018, 17:30:40 UTC
Be patient.

Everybody recommends us to stay patient. Really, there is no other choice if we do not want to quit. Once you give up and sell your altcoins and Bitcoins now, you will become a loser.