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Showing 20 of 108 results by bongnor531
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Topic
Board Economics
Re: Reason why other ban cryptocurrencies
by
bongnor531
on 21/09/2018, 14:07:29 UTC
I see the fear is in the nature of the cryptocurrencies, as they are decentralized. Governments tend to keep as many things in one hand as possible and that is especially true for finance.
However, many governments and central banks are interested in implementing the technology behind it.
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Topic
Board Economics
Re: Why I am not sharing my crypto love? <3
by
bongnor531
on 21/09/2018, 14:01:03 UTC
Many just read some articles in the mainstream media and all they get is that if they have bought Bitcoin several years ago they would be millionaires by now.
However, the market does not work like that anymore and you do have to put some work and research in it to have some success.
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Topic
Board Economics
Re: Banks offering only 1.3% interest rates for Savings Account
by
bongnor531
on 21/09/2018, 13:49:53 UTC
I think it is more or less the same here, not very enticing. Obviously, crypto investment can produce much higher rates, but you also have to count in the risk in those investments
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Topic
Board Economics
Re: Politicians fear cryptocurrency because it will stop corruption.
by
bongnor531
on 21/09/2018, 13:46:44 UTC
The ones who managed to steal money via corruption will find a way to do so even if there is a cryptocurrency revolution. And those leaders are usually fond of very centralized systems, so maybe the decentralized nature of crypto is what might make them suspicious.
Post
Topic
Board Gambling discussion
Re: Single Bet Roulette Strategy
by
bongnor531
on 23/08/2018, 14:50:52 UTC
Problem is with the strategies that casinos do not seem to like them... most of them I visited, you are not allowed to do so
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Topic
Board Economics
Re: How did Crypto help you out?
by
bongnor531
on 23/08/2018, 14:45:40 UTC
I would not say that it helped me financially until now, but I regained my interest and enthusiasm for something
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Topic
Board Economics
Re: Politicians fear cryptocurrency because it will stop corruption.
by
bongnor531
on 23/08/2018, 14:44:27 UTC
Lol, in many places politicians fear anything that is transparent in the business world... However, most of them are not really familiar with crypto just yet I think
Post
Topic
Board Economics
Re: Is wallet security important to use?
by
bongnor531
on 23/08/2018, 14:42:09 UTC
Of course it is important to secure the wallet in any possible ways. Like, you lock your car and take your actual wallet with you. And still, they could be stolen, it is the same in here I think. You should be as cautious as possible but there is still possibility to be hacked as always.
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Topic
Board Economics
Re: Bitcoin regaining dominance.
by
bongnor531
on 23/08/2018, 14:36:57 UTC
It feels like it never really left its dominance. Still the omega in the cryptoworld and that is unlikely to change anytime soon in my opinion
Post
Topic
Board Altcoin Discussion
Re: PURPOSE OF TOKEN?
by
bongnor531
on 23/08/2018, 14:34:28 UTC
Fundamentally, there are two main types of coins:

- utility token: it has actually some role like paying with it within the platform or so. Think of a crypto casino for instance, where the coin acts like money to spend.

- security token: it is more like a regular bond, like you buy into a company. If the company performs well you are entitled to some interest with the token as you are the owner too.
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Topic
Board Economics
Re: Do you approve this strategy: sell alts buy btc?
by
bongnor531
on 23/08/2018, 14:30:49 UTC
On a market like this it might not be wise. I would rather wait until it recovers a little bit, that might boost alts as well.
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Topic
Board Economics
Re: What will you do with the current market?
by
bongnor531
on 23/08/2018, 14:28:54 UTC
I am thinking to hold my capital in Bitcoin just for now. Hopefully the market will be on the rise once again soon but now altcoins are dead.
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Topic
Board Economics
Re: what your opinion about this?
by
bongnor531
on 23/08/2018, 14:24:53 UTC
They turned it down again, but the price does not seem to be affected to a very high extent. We have seen worse, so to say Cheesy
Post
Topic
Board Service Discussion
Re: How Do You Safely Secure Your Crypto Accounts Passwords Except in You Mail
by
bongnor531
on 16/08/2018, 12:59:47 UTC
A good old trick: write it up to a paper that you keep securely. Of course it has downsides, e.g. not accessible anytime, but for a backup, it is not a bad idea.
Post
Topic
Board Gambling discussion
Re: Bitcoin for Daily Fantasy Sports
by
bongnor531
on 16/08/2018, 12:56:45 UTC
Thanks for the thread, and the tips, this has been on my mind for quite a long time too. Fantasy sports is really a huge industry mainly in the US, it makes sense to make it crypto-related too.
Post
Topic
Board Gambling discussion
Re: Europa League/Champions League Lounge
by
bongnor531
on 16/08/2018, 12:54:17 UTC
To me it feels like with Ronaldo and Zidane gone, Real has lost its "killer instinct" that helped them a lot to those ECL titles. They are still a hack of a team though, Isco and Asensio could shine this season. But aside that I do not like him, CR was a true killer came elimination phase, instant danger for basically every team. ATM will be massive this year too though, most of their key players are in the best age.
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Topic
Board Gambling discussion
Re: Are online gambling games fixed?
by
bongnor531
on 16/08/2018, 12:48:55 UTC
On paper, trustworthy casinos cannot afford to cheat with games. There are heavy audits on the random generator system. However, I prefer live casino even online opposed to those "fruit machines".
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Topic
Board Gambling discussion
Re: Is gambling addiction mainly due to loneliness and dissatisfaction?
by
bongnor531
on 16/08/2018, 12:44:10 UTC
In my view, those issues could add up to the problem, but it is not necessarily general. I heard stories about wealthy people with families to lose basically everything gambling. There are many aspects, and every situation can differ a bit.
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Topic
Board Economics
Re: Government regulation on cryptocurrency, GOOD or BAD?
by
bongnor531
on 16/08/2018, 12:33:09 UTC
I think a central regulation could be good on the one hand, because it enhances trust for cryptocurrencies, and it could be more secure. On the other hand though, the whole concept massively relies on decentralization, for a reason. So too extent regulation is rather bad in my view.
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Topic
Board Economics
Re: How much more fall is possible ?
by
bongnor531
on 16/08/2018, 12:27:37 UTC
Examining the trends, it is also possible that we fall under 6k USD once again. I expect it to recover at the end of the year.