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Showing 20 of 256 results by bitlind
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Board Bitcoin Discussion
Re: Antifragile Bitcoin Was Born To Thrive In An Economic Crisis
by
bitlind
on 23/03/2020, 16:26:44 UTC
Today almost every bitcoiner or even a precoiner spreads rumors that Bitcoin was created for time like this and blah blah blah. They believe 2020 will be Bitcoin year. Maybe they are right, anyway the economic situation affects crypto industry too. So stop calling Bitcoin "antifragile". 
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Board Economics
Re: Economic collapse 2020 and possible rise of Bitcoin
by
bitlind
on 23/03/2020, 06:07:57 UTC
Rise of Bitcoin and crypto at all is possible theoretically. But reality seems to be different, I mean Bitcoin lost its value a week/a couple of weeks ago. So the future of crypto in 2020 is mysterious.
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Board Economics
Re: Is President Trump good or bad for the economy?
by
bitlind
on 23/08/2018, 11:11:20 UTC
Like any president, Trump is taking credit for good economic news. his highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness.

he's doing better than his opponents will admit and worse than his supporters believe.
Politics are usually saying many things about promises and their plans for the economy, but only the things that they do after they get elected as much as two people, so we will see in near future.
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Board Economics
Re: Chinese economic impact of trade war with U.S
by
bitlind
on 23/08/2018, 11:09:34 UTC
Chinese people are great and very love their jobs, so if they only be involved in Bitcoin with full country Support, I think our world will be turned upside down with that.
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Board Economics
Re: Bitcoin and Future of Economy!
by
bitlind
on 23/08/2018, 11:08:58 UTC
Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
I think the fact that Japan is making steps towards bitcoin making it a payment method will show us the example how country can be prospective with bitcoin integrated in economy.
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Board Economics
Re: Why everyone only invest in the crypto market?
by
bitlind
on 22/08/2018, 12:32:18 UTC
I don't think that cryptocurrency will become the most preferible source of investing in the future, but the market will definitely grow bigger than it is right now, indeed!
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Board Economics
Re: Will Bitcoin become a long-term trusted store of value?
by
bitlind
on 22/08/2018, 12:31:59 UTC
Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I think that Bitcoin is having a great possibilities to proceed with in near future, but we are humans that rule Bitcoins vehicle! We can both improve or destroy it as well as develope better.
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Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
bitlind
on 22/08/2018, 12:30:23 UTC
Oh, the great time. Even now if you will be selling your bitcoin right now, you will be twice beneficial from your investing. So we can see that our price that is not that bad.
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Board Bitcoin Discussion
Re: Bitcoin ETF, what is it really?
by
bitlind
on 21/08/2018, 20:29:24 UTC
Even though it's can be mad the best thing for a bitcoin, and community but anyways so many people are relying their lives on that so it's definitely would be the pump of all times in the history! And we all are waiting for that.
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Board Bitcoin Discussion
Re: Samsung says that smartphones are the safest way to store cryptocurrencies
by
bitlind
on 20/08/2018, 19:32:32 UTC
I am expecting seriously that Samsung in the next year will develop a smartphone which would be having a built-in cryptocurrency storage or something like that, it is logical for me that somebody need to start that.
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Board Bitcoin Discussion
Re: Who will benefit the most from bitcoin/cryptocurrency?
by
bitlind
on 20/08/2018, 19:31:48 UTC
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?
Of course whales would be the most beneficial from all the other parts of cryptocurrency involvement people, those who are manipulating the price would be doing everything needed in order to get their profits.
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Board Economics
Re: Build a Bank Of Bitcoin
by
bitlind
on 17/08/2018, 17:51:03 UTC
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
I don't know why but it sounds just ridiculous, because in my opinion and my understanding bitcoin and banking system is so opposite each from other that bitcoin bank for me is like decentralized centralisation.
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Board Economics
Re: Bitcoin and Fiat - this is how I see the future
by
bitlind
on 17/08/2018, 17:50:09 UTC
At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.

So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.
Right now one of the main problems and obstacles in the way of bitcoin to become a national currency is that you can obtain bitcoin only by buying it for the local currency as Dollar or whatever else.
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Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
bitlind
on 16/08/2018, 17:32:10 UTC
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.

I would say of course that the more you study and examine this market the less risk you face during your daily activities because educated trader is safe trader. So my suggestion is to learn.
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Board Economics
Re: Why people are still buying BTC?
by
bitlind
on 16/08/2018, 17:31:46 UTC
I would prefer to spend my free money to bitcoin and lose them then to have my money spent on nothing worthy and eventually just miss the opportunity in the case of increasing of bitcoins price.
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Board Bitcoin Discussion
Re: Thailand Legalize Crypto currency
by
bitlind
on 16/08/2018, 17:31:30 UTC
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
It is certainly good news for us as a cryptocurrency community because any country which would show the example to other countries is positive because they can see their success using bitcoin and follow the decision.
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Board Bitcoin Discussion
Re: Is it possible to have bitcoin shortage?
by
bitlind
on 16/08/2018, 17:29:00 UTC
I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?
If I understood that correctly I think that my name of the last block is unavoidable and bitcoin supply will never be decreased that it was initially created, but after that the price will as well unavoidably grow.
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Board Altcoin Discussion
Re: BITCOIN vs ETH ? Your thoughts?
by
bitlind
on 15/08/2018, 18:35:14 UTC
BITCOIN vs ETH ? your thoughts ?
My thoughts is that bitcoin will be forever at the first place and it will not be overcome by nobody ever, so bitcoin was initially the first cryptocurrency and it was a king forever from the beginning.
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Board Altcoin Discussion
Re: Alternatives to Coinmarketcap
by
bitlind
on 15/08/2018, 18:32:29 UTC
I'm having a telegram chat when I used to ask her questions because it is filled with experience guys but the participation is paid and it cost me around $100 every month. It is expensive but I believe it is useful.
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Board Altcoin Discussion
Re: How to know which coins are good?
by
bitlind
on 15/08/2018, 18:31:32 UTC
Lots of coins are coming in every month. But I can't know which coin will good in future,  Always I face problem with my confusion. So, is there anyway to know which coins are good?

Thank You
I'm always looking at coinmarketcap rating site, because it shows the value of token, the price movement history come out the market capitalisation, their trading amount and all those information which is needed in order to examine the coin.