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Showing 20 of 20 results by bossgucci
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Re: What are your goals in 2018?
by
bossgucci
on 24/11/2017, 10:56:29 UTC
My goals in 2018 are to earn a lot more with my bitcoins and finally go on vacation with all the money i have made from bitcoin i plan to go somewhere big and have a great time and that all with the money i have earned from my bitcoins and altcoins.
Post
Topic
Board Economics
Re: Is bitcoin now the strongest currency in the world?
by
bossgucci
on 24/11/2017, 10:50:54 UTC
After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?
Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world.
Exactly! There is no reason to deny this fact that the bitcoin is having a very good reputation not only in the international market but also amongst the investors. But the thing is till the time bitcoin will not be declared as legal, it is not at all possible for bitcoin to become the strongest currency of the world. Our governments have to think about it seriously if they want to make out maximum profit out of it.
If you are really understand the nature of Bitcoin, it does not need to have the government. Because it against all the profits, power, nature of the system are managing us - the government. The fact, Bitcoin is a currency should not to exist in the world, just only its existence, the world has enough reason to become mad when the government no longer occupies an important role.
At first Bitcoin wasn't utilized so ordinarily however now Bitcoin is utilized usually in light of the fact that individuals need to have increasingly benefit securely and quickly that is the reason individuals utilize Bitcoin for all sort of works that is the reason its appears that later on Bitcoin will be the most grounded currency.
I agree with you i personally think that bitcoin is indeed the strongest currency because you have to pay a lot for 1 btc in every country it is not easy to get as we are expecting it that is why it is the strongest currency around the world.
That is true bitcoin is wanted a lot of people want to have it and the price is so high even criminals are focusing on bitcoins and some people even made all their cash into bitcoin and buy stuff with that this way they can go better.
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Topic
Board Bitcoin Discussion
Re: How can we help our community using bitcoins?
by
bossgucci
on 16/11/2017, 11:31:47 UTC
If your community is about a lot of poor people i would recommend to just do buy some laptops for them and a WiFi connection and let them make a couple of bitcoins for themselves this way you will help them and they can even repay you after a while.
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Topic
Board Bitcoin Discussion
Re: How much risk in bitcoin investement ?
by
bossgucci
on 16/11/2017, 11:23:15 UTC
I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
The risk in investments into bitcoin is losing all of money because there are not people who gives us guarantee
 bitcoin will be survive for long time and still there is values in bitcoin,
but if we see on the marketcap.com bitcoin is the best digital coins be compared with other altcoins
so how much do you be ready to losing money in digital coins?, that the amount must be invested in bitcoin.

that is if you invested 100% of your resources and money to bitcoin, the greater the investment the higher the profit and risks which is applied not just in bitcoin or other cryptocurrencies but also on any other form of investments such as gold. The odds are affected by the market charts and the trends itself ever since bitcoins started but it is a matter of perception on how you view things, are you willing to take risk? I will, because nothing will happens by always by staying in our comfort zones.
Many people risking there money for investing just to get higher earnings but if they failed and get scammed, huh there will be no chances to get back what they lost from investing.
I agree with you but there are a lot of other risks in bitcoin investment too like fake wallets that people download and believe it is real also not a lot of people know about bitcoin so they just do anything and end up losing a lot so learn first before you start.
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Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
bossgucci
on 16/11/2017, 11:18:58 UTC
Yes i think it is but we never know about it because a lot of experts say that bitcoin will be the future and i am talking about crypto experts but also experts on wall street they also said that bitcoin will be the future so make the most out if it right now.
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Topic
Board Bitcoin Discussion
Re: What impresses you the most about Bitcoin?
by
bossgucci
on 16/11/2017, 11:14:50 UTC
What impresses me the most about bitcoin is how much it can grow in a day i watch it 3 days ago it is 5k then i watch it the day after that it is 6.3k and then i watch it now it is 7.4k i do not know how it grows so fast in just days.
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Topic
Board Economics
Re: Why people scam
by
bossgucci
on 16/11/2017, 11:10:07 UTC
People scam to earn money fast and why would someone not want that i think people are tired of waiting and having patience for them to earn bitcoins or even to wait for bitcoin to grow and that is why they think lets start scamming then i will earn more and faster.
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Topic
Board Economics
Re: Long term OIL
by
bossgucci
on 14/11/2017, 15:30:30 UTC
Hahaha yes you can compare bitcoin with oil because america wants it so badly and also it is something that grew so fast like oil the price of it grows so fast there are differences like you can only get oil in the Arabian part and you can get bitcoin everywhere, anywhere and anytime.
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Topic
Board Bitcoin Discussion
Re: Where to Invest BTC?
by
bossgucci
on 14/11/2017, 15:15:28 UTC
On Bittrex or if you mean in which coins to invest just go to coinmarketcap and invest in the top 20 because those are which will give you a lot of profit later and at the moment also it is very easy to invest if you have 2 btc invest 1 into trading and keep 1 for later.
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Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
bossgucci
on 14/11/2017, 15:07:20 UTC
My plans with my bitcoins are to start a real life investment like a little company or even my own shop or snack bar why because i always wanted to do something for myself and this way i can also earn lot in real life then i have 2 investments.
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Topic
Board Bitcoin Discussion
Re: Why owning 1 BTC becomes harder everyday???
by
bossgucci
on 10/11/2017, 09:06:59 UTC
Because the bitcoin value will go down and if that happens and you have 1 bitcoin you will lose it's value. So i think it is better for you to sell your bitcoins and maybe if the value goes back up again sell it to make some money.
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Topic
Board Bitcoin Discussion
Re: Offline Wallets Vs Online Wallets
by
bossgucci
on 03/11/2017, 10:04:35 UTC
Online wallets its better because you have less chance being hacked by hackers or scammers. If you have stored it locally they can steal it with a wallet stealer in a file.

This is why i store most of my wallets online.
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Topic
Board Economics
Re: Is bitcoin dead?
by
bossgucci
on 02/11/2017, 10:36:15 UTC
Bitcoin is not dead lol. It is now at 7000 dollars and it is not yet stopped rising. It is still rising actually. Bitcoin was falling though a month ago it was around 3k. I wish i had invested then.

I have invested when it was around 4k. I have now doubled my money nearly.
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Topic
Board Economics
Re: Will bitcoin change the distribution of wealth in the world?
by
bossgucci
on 26/10/2017, 09:50:17 UTC
Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?

Or would the distribution be even more unfair?

I really think this is true, just imagine before bitcoin or cryptocurrency is introduced to people. Only those people who are already rich can contribute to projects or ICO, now that we have cryptocurrency, people can contribute and share their funds and gain income through it.

Yeah many people are starting to earn more money besides earning from their job. So they will buy more. This will help the economy of their country and this will be better for more people.

I also got some extra money by doing investing in some coins.
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Topic
Board Bitcoin Discussion
Re: How to get bitcoin every days?
by
bossgucci
on 12/10/2017, 10:14:21 UTC
How can you earn 40 dollars a day in bitcoin?? , let's share the knowledge on this topic , and hopefully we get more success after share my experience in here
To get bitcoin everyday, you must become a part of signature campaigns, start trading and gambling. You must work hard along the week to have a continouos earnings. And besides you will also be able to earn bitcoins all the days with doing some trading. In there, bigger opportunities can be given to you and you'll also get some profit.

Signature campaigns are a good idea. I heard that a lot of people get bitcoins for posts. As you said trading is also good, because you can make a lot of money out of it.

Gambling is not a goo idea, because you can lose your money easily. Gambling is also forbidden in some country's so be alert.
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Topic
Board Altcoin Discussion
Re: So low market cap is better for investment?
by
bossgucci
on 10/10/2017, 14:05:01 UTC
You need to wait for them to pump it when selling it. If you have bought it when the price was low you would then make some profit. You need to watch also who the makers are if they are unprofessional i would then sell my coins fast. You never know what if the coin would fall ? You would then lose all your money.
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Topic
Board Bitcoin Discussion
Re: Will Bitcoin Die Because of China?
by
bossgucci
on 02/10/2017, 08:47:38 UTC
a part of bitcoin price will decrease. if China continues to ban Bitcoin or any crypto currency, bitcoin price will be affected. let's make sure that China will able to adopt the entire bitcoin blockchain.

Mate it is not decreasing anymore it is now nearly 4300 dollars worth. China is nothing for me they can ban all the things they want. Bitcoin is unstable and it can rise and fall.

So now is it is not dying it is rising actually, but if more countries will ban then bitcoin would be lost.
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Topic
Board Altcoin Discussion
Re: Your favorite coin for investment
by
bossgucci
on 22/09/2017, 08:12:21 UTC
I will choose litecoin and ETH. ETH is for me the best one, because it is supported by many people even blockchain has added support for ETH so you can buy btc and eth on the same online wallet.

Litecoin is also a good one for it is now sleeping and it can one day rise very high if we are lucky. I have already invested in LTC and not ETH, because i have not that much money.
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Topic
Board Economics
Re: Spending Bitcoins
by
bossgucci
on 22/09/2017, 07:53:29 UTC
For me spending Bitcoin is a terrible idea since Bitcoin historically increase its price one hundred percent yearly. Unless Bitcoin does not reach it full price I will not spend even 1 satoshi for my expenses. I understand that some people need extra cash for daily expenses but as much as possible save your Bitcoin as much as possible because this type of investment can be higher than gold.  Grin

Yes i agree with you bitcoin will increase his value in the future. Im now also saving bitcoins to sell them in the future. After a few years if bitcoins price is the same Im just going to sell them.

If you are lucky and you don't use your bitcoin to afford things after a few years bitcoin can maybe rise up to 10k dollars.
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Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
bossgucci
on 08/09/2017, 10:54:28 UTC
I dont think its to late to buy bitcoins. because the value is still rising. But it can also go down again
So i think its smarter to wait till it goes down and then buy bitcoins.