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Showing 20 of 253 results by bitblackred
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Board Trading Discussion
Re: Do I hold?
by
bitblackred
on 05/10/2017, 19:40:39 UTC
You never lost with hold. Buy and forget your coin and don't track daily prices. If you track you can make panic and sell your coins.

I certainly not disagree with your opinion, to be fair I am almost only holding my coins but reading the news its the important thing to keep you informed what's happening on the market.
yes you should hold and keep saving your bitcoins and keep waiting for the right time to sell your bitcoins because now a days selling bitcoins will not be consider as a good idea because the prices are increasing higher and higher so if you hold and keep saving your bitcoins than you will be in profit.
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Topic
Board Economics
Re: what will happen to banks?
by
bitblackred
on 05/10/2017, 19:39:56 UTC
Dude , let me make you understand that Bitcoin is not treated as a currency , but as an investment . And what according to you are banks. It's just a place to deposit or withdraw money and they will give you a certain interest on it. Bitcoin is a very bad currency , its prices fluctuate alot and people will obviously choose their countries currency over Bitcoin and so banks will always be in use no Matter what
money banks will be destroyed due to the more usage of bitcoins no more people will keep their money in banks thats why banks will be finished and then there will be the only kingdom of bitcoins on economy and than bitcoins will be known as king of economics.
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Topic
Board Trading Discussion
Re: What to do when prices are falling
by
bitblackred
on 05/10/2017, 19:39:17 UTC
prices are falling. Keep calm and watch the news. If you are not calm. You will lose a lot of your money. It is best to wait for the price up and you will be profitable. I do not know how long it will take, but I still believe in it. will increase the price

I agree with you, uncertainty regarding the future outcomes is the biggest reason for not holding the coins, The most losses of investors of gains is investing on scams coins or selling too early on promising projects, Then boom, out of a sudden news leak on reddit and the price hikes basically overnight. Since you cannot time these it can be a good strategy to simply say "find a coin you believe in and just hold it for at least several months - it may not go up immediately, but in the long run you will be happy".
you should not be worried when price are falling if the prices are falling so it will not be a permanent fall it will be a temperory fall of prises therefore you should not be worried of loosing money it will be an opportunity to buy more and more bitcoins because it will not be a permanetn fall of bitcoins.
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Topic
Board Bitcoin Discussion
Re: Why Cash is better than Bitcoin.
by
bitblackred
on 05/10/2017, 19:37:26 UTC
Both are good and better, why just can't we use both? They are essentials for our finances. Why can't we just accept that both of them can co-exist?

no cash is not better than bitcoins because bitcoins have many benefits than cash keeping cash wil give you no profit but keeping bitcoins will make you rich in leaps and bounds keeping cash could be dangerous but there is no risk in keeping bitcoins with yourself.
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Topic
Board Bitcoin Discussion
Re: Future of Blockchain?
by
bitblackred
on 05/10/2017, 19:36:41 UTC
Good day,

As per Vitalik Buterin said during TechCrunch Disrupt 2017: "The technology of block chain will be able to catch up and replace the Visa payment network soon".
I'm not sure how soon, but it looks rather realistic in close future. What do you think?

Let's see together, it should be pretty interesting. Smiley

kevin.

reaching that capacity alone is not enough. yes we can right now create a centralized huge server (master node) that holds a gigantic blockchain and handle a large number of daily transactions but that is going to be useless because it is not decentralized. and that is what we are aiming for.
i have to say about the blockchain that the future of blockchain is ruined because no one even knows about blockchain the good future is only oc bitcoins because millions of people are investing in bitcoins because it is the most trust able and safe way to earn money.
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Topic
Board Bitcoin Discussion
Re: What were your experiences with Bitcoin when you first started?
by
bitblackred
on 05/10/2017, 19:34:48 UTC
I would like to know what experiences did you had when you first started with Bitcoins. As for me, I had many that I would like to share with you.

When I began in the Bitcoin world, I was a complete rookie with no proper knowledge of how did mining worked or anything about cryptocurrencies. I just thought about Bitcoin as another payment processor like PayPal. But when I joined the BitcoinTalk community, I learned so many things along the way. In my process of learning in the first days, I decided to invest into cloud mining services. Since I didn't knew much about it, I invested a plenty amount of Bitcoins to start my journey into it. During that time, I had gotten into many different services. Those were GAW Miners, then Cointellect, cloudminr.io and finally Hashnest. After getting scammed many times by the services mentioned previously, (except for Hashnest) I have lost many Bitcoins. As a result, I decided to never invest into cloud mining and thus dedicate myself into learning more about the cryptocurrency and look for other ways to earn Bitcoins. It was then that I enrolled into the signature campaign that I am currently into and during all that time I began to earn Bitcoins as well as diversify my investments into different alt coins. Now I am dedicated to trading Bitcoins and other alt coins, as well as working for it (like the signature campaign and working as a freelancer) in order to earn coins and build up my portfolio along the way.

Anyways, what would be your experiences with this exciting cryptocurrency?  Cheesy
Mine was at a conference where a group of guys were presenting Bitcoin (very badly). I didnt take it very seriously at first unfortunately, but I guess we all miss a beat some times don't we?
I also first join a bitcoin I did not know how to use it and how to earn with bitcoin but little time spend I learn about crypto currency and I know how to use bitcoin and how to earn with in bitcoin now this time I export in bitcoin and I really like to use bitcoin.
my experiences with bitcoins were realy good at first i invest my all poket money in bitcoins and now i have enough money to but a car but i will not use my bitcoins i will save it and invest more in bitcoins because i want be a rich man.

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Topic
Board Bitcoin Discussion
Re: BTC for taxi
by
bitblackred
on 05/10/2017, 19:32:06 UTC
I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

I heard uber was considering the use of bitcoin, but I'm not sure. I don't really think it will work in a near future though because the fees are still to high, so paying a taxi, that normally is already expensive, will become even more expensive because you will be paying fees for the transaction. It would be much better for users to just pay with fiat.
For me, Bitcoin is not the cryptocurrency that will solve this problem. Because as of now, bitcoin is used as investment or something like stocks and its too volatile to use as daily transaction. I suggest another altcoin or token, the advantages are to promote their business and win customer's loyalty by giving them incentives who use tokens. It is proven in some services and I believe, it will be effective in transportation section.

bitcoins have acheive so much popularety that now a days a taxi is also accepting the bitcoins because they know that bitcoins are more valuable then cash money in cash form could be riskey but but if your money is in the form of bitcoin then you should not be worried.
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Topic
Board Bitcoin Discussion
Re: Do you agree with idea "Bitcoin bank" ?
by
bitblackred
on 05/10/2017, 19:28:36 UTC
I think if there is indeed the idea of bank bitcoin will make great success because the bank bitcoin bitcoin introduces how the usability in the bitcoin, and also whether Sha-bitcoin there will be institutions that handle so that the get comfort in the security and confidence. but should wear something that gives training how can I use bitcoin with good and success in the future
the idea of bitcoin bank is the best idea because millions of people are buying bitcoins and they would have also to save it somewhere so why should not be make a bitcoin bank it will then easey for investors to save their bitcoins so the idea is great and you should make bitcoin bank .
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Topic
Board Bitcoin Discussion
Re: The advantages of bitcoin
by
bitblackred
on 05/10/2017, 19:28:12 UTC
Bitcoin has many advantages. It is decentralized, anonymous. Also, the fact that no government has control over it. I think this is the money of the future although it has several disadvantages as well. This is a great source of extra income for me. And a great investment, as its price continues to grow.
Bitcoin has its advantages and disadvantages but it is more likely a more on positive side of bitcoin and that is why it is a good currency and also an investment that can help us to change our way of getting source of income and also it can change how we work in order to get some money because with bitcoin, we can earn money in just our home.

More positive thinking and the benefits of bitcoin for the crowd, and add earnings results from other jobs Wink
the advantages of bitcoins are countless i will not be able to right it all but some of its advantages are that in bitcoins your money will be more safe then banks or other places the easeyest way to earn money is just bitcoins the prices of bitcoins are increasing rapidly.
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Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
bitblackred
on 05/10/2017, 19:27:49 UTC
Never say never again. So the James Bond Movie title suits to Bitcoin. Any time We can buy and sell to book our profit it is going to be more big so in my point of view it is not too late to buy Bitcoin.

Don't worry about missing boat past is past now get the inside the boat which is coming to you. That's going to decide your requirement to be completed with Bitcoin.
no it is not too late to buy bitcoins because the price of bitcoins will go more higher then now so if you have not buy bitcoins yet then you should not waste time in thinking just go and buy bitcoins it is for your best future because bitcoins is the only way to earn money easily and safely.
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Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
bitblackred
on 05/10/2017, 19:26:39 UTC

Very well said! I think it is not quite possible that everyone just start using Bitcoin and that too in such a short time period. Still there are so many who are unaware of this concept of digital currency.

It will take quite long time for everyone to know about this thing. Yes, there are very much chances that number of investors will definitely increase by 2022.

I don't think the problem here is the "small" time window until 2022. Bitcoin is being talked all over the world now, so people are getting aware. The problem is that bitcoin is following the path of investment and not "common currency". The fees are just to high for common use right now. We are seeing merchants withdrawing from bitcoin and not getting into it, simply because it's to expensive to maintain a business like that, when they can do the same with paypal for example.
I'm sure investors will continue to come, because the use of bitcoin as "gold" is getting popular though. If the time of transactions is solved, and the fees drop, then we will a lot of people using BTC in 2022.
Yes Bitcoins will be definitely used by almost everyone in year 2022 because now a days Bitcoins are getting more and more popularity just because of its unstoppable increasing price there for in 100% sure that BTC will be used by everyone in year 2022.
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Topic
Board Economics
Re: Most people dont even know what this is yet.
by
bitblackred
on 05/10/2017, 19:26:18 UTC
Yes it is true we are lucky because we know bitcoin unlike them and we can see if we only knew about bitcoin sooner we will be rich by now. Well people doesn't get interested in things that they don't know will benefit them. But if only they knew about bitcoin, what kind of things it can do I think they will find their way to learn about bitcoin by themselves.
Yeah that is true, we are lucky enough to discover bitcoin even though we are little too late right? but we are also lucky to discover it and be a part of this new era earlier compared to others who don't know and is just about to know the beauty of what bitcoin can give to one person. But I know for a fact that in time more and more people will know about cryptocurrencies especially now that it is acquiring a lot of attention.
I feel sorry for those who still don’t know about such an amazing and profit giving thing, and it will only be possible to spread knowledge about bitcoin is through proper channel advertisement and a lot of things are available like Facebook, twitter, Instagram, and if this will be done everyone will enjoy its benefit and world will be better place to live in.
about 98% people have knowledge about bitcoins and they are also investing in bitcoins because it is the most trustable cryptocurrency ever made so if you are looking for easiest and trust able way to earn money than Bitcoins should be your only choice.
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Topic
Board Economics
Re: Should I stop Buying BTC?
by
bitblackred
on 05/10/2017, 19:25:11 UTC
I recommend you . Please continue to purchase more bitcoin. It will help us make a lot of money if it continues to increase 5-6k over the next 1-2 years

No you should not stop buying Bitcoins because the prices are increasing rapidly so you should not miss the opportunity of earning more money if you want to be rich in leaps and bounds than don't stop buying Bitcoins.
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Topic
Board Economics
Re: The future of the paper money
by
bitblackred
on 05/10/2017, 19:15:44 UTC
The world is revolutionizing day and night and every day new inventions are being brought in. With currencies, there have been several revolutions dating back to the days barter trade was the norm, there came precious stones and other metals. Coins came in and paper money also came in. As we were still using these, electronic transfers and credit cards came in. Now we have electronic money and crypto-currencies. One fact is that apart from barter trade, the other forms of exchange although some of them are not used frequently. I therefore believe, that the paper money currency might decrease in it's usage but will not disappear. The future of paper money is there but it is bleak.
The future of paper money is that it will be vanish and people will forget the history of paper money and in future the bitcoins Will be used just like we are using cash now a days because cash is not as safe as Bitcoin that's why people will use Bitcoin instead of paper money.
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Topic
Board Economics
Re: How to teach kids about Bitcoin?
by
bitblackred
on 05/10/2017, 19:12:41 UTC
I think it is not necessary to teach bitcoin in children, because they are too young to know it. Teenagers has a larger capability to accept knowledge about bitcoin. They might find it helpful for them and not only that; they are updated about the different innovations here in the internet because of bitcoin.
Hy kids !! Are you worried about your future? Do you want be a successful and rich person in future? If you want to be So than yo should enter in the universe of bitcoins because bitcoins are the only way to be Rich in leaps and bounds.
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Topic
Board Economics
Re: IS THERE ANY POSSIBILITY OF A PRICE REDUCTION FOR FUTURE BITCOIN
by
bitblackred
on 05/10/2017, 19:12:19 UTC
We can never tell because the market is too volatile anything can happen it might go up or go down. The prices may vary depending on how many dump or pump bitcoins. For as long the investors believes in bitcoin definitely it will not decrease in value and it will continue to rise.
There is not even 0.001% chance of reduction of prices of bitcoins in future because the price of Bitcoin is going high rapidly and millions of people are investing in bitcoins just because they know that it will never happened to Bitcoin that it will reduce it price Bitcoin will just increase its price.
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Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
bitblackred
on 05/10/2017, 19:11:42 UTC
Hey that's an extremely good idea , bitcoins are meant to make your.. Life easier and genuinely the landlords system is very tiring .. you end up paying that much amount in which you could have had got a new house.
Its aiding you in a positive way that could stop the future chances of wasting unnecessary money on rent also rent is never less...unless and until you are renting a hut on the side of the road... Never heard about it though 😅 also the money that you were going to use in rent please use that to buy more bitcoins 😏✌
If the prices of bitcoins are gone high than you should not buy a house because house cannot give you profit as the bitcoins are giving you so if prices are going high than you should buy more bitcoins and tham you will be rich person and than you will be thanking bitcoins.
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Topic
Board Economics
Re: Make money from money
by
bitblackred
on 05/10/2017, 19:10:54 UTC
A good investor fully understands the risk of investing, can predict the returns and has a plan to follow. He also has the knowledge, experience and confidence. Those should be the main qualities.
If you want to make from money than just believe in me and do as I say if you want to make money from money than you should buy bitcoins and wait for some time you will see that bitcoins have increased their prices and than you can make money from money easily.
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Topic
Board Economics
Re: Bitcoin to be international currency
by
bitblackred
on 05/10/2017, 19:10:17 UTC
If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

its awesome if it happen, accept and believe by all country. it mean in country there are many store or stuff like that accept bitcoin for payment, but if bitcoin's supply almost out, it will problem, or the world take one off another altcoin to be international currency.

Quote
How many people like with this thread?
i dont know, anyone to raise hand?
Soon bitcoins will be introduce in to the world as an international currency the reason is its rapidly increasing prices so you should invest in the future's international currency because the prices are never getting Down the prices are going up and up.
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Topic
Board Economics
Re: When will more retailers accept Bitcoin
by
bitblackred
on 05/10/2017, 19:09:52 UTC
I feel for that subject matter was it take so might a long time to accept bitcoin.Very first it was not however recognized in some nations around the world.2nd was the charge cost when sending bitcoin.And lastly it will take time to confirm transaction.But it was just i believe/recommendation.
As more retailers are knowing about the benefits of bitcoins so now a days more and more retailers are changing their policies just for earning bitcoins because they are now aware of the increasing prices of bitcoins.