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Showing 20 of 33 results by budarkcyber
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Board Service Discussion
Re: Can you Buy Gold or Silver with Bitcoin
by
budarkcyber
on 31/07/2018, 14:04:33 UTC
Why buy gold and silver for bitcoin, if bitcoin itself is gold and silver of the future?

I really agree with you, because in the future maybe bitcoin will be better than gold and bitcoin will probably be a good investment in the future.
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Board Bitcoin Discussion
Re: Market Manipution- How To Curb It?
by
budarkcyber
on 31/07/2018, 14:01:19 UTC
In a large market the possibility of stopping manipulation in it will be difficult as the larger the market, the more people will want to manipulate the market price in their own way. that's just my opinion.
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Topic
Board Speculation
Re: Bitcoin bouncing back.
by
budarkcyber
on 30/07/2018, 16:01:59 UTC
So I have been reading tweets and other media outlets which are predicting that the BTC will have a huge surge by December. Have anyone come across this and I don't know if I should be excited or that's another bubble waiting to be needle pricked.

According to some bitcoin analysts the opportunity to bitcoin rise rapidly in december is big enough. But for this month I think the bitcoin price could have gone down in a few days.
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Board Bitcoin Discussion
Re: More Regulations For Cryptocurrency?
by
budarkcyber
on 30/07/2018, 15:50:49 UTC
Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?

I think for the future there will be a lot of government regulation about bitcoin if bitcoin is used by various circles ranging from merchants to big companies, because if more and more users, of course there must be rules in its use. because if not, bitcoin abuse will be more and more.
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Topic
Board Bitcoin Discussion
Re: Bitcoin 1 year change
by
budarkcyber
on 30/07/2018, 14:54:46 UTC
People must stop talking about the death of bitcoin because a currency like bitcoin must not be judged with a change of a day or a month but with a change of a year who agree about that?
I ask too if there is a way to know the 1 year change of bitcoin in cmp or any other site.
Thanks

Yeah, because when viewed from its development so far bitcoin price always up and down, but that does not mean if the price drops terco bitcoin die, because during this bitcoin price also decreased but the price returned to normal and it happens every year.
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Board Bitcoin Discussion
Re: BITCOIN = FUTURE
by
budarkcyber
on 30/07/2018, 14:48:28 UTC
I think it is true bitcoin is the future, because seen from its very rapid development and the increasing demand it will make it can be a valuable asset in the future, of course in the world of cryptocurrency.
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Topic
Board Bitcoin Discussion
Re: SHOULD WE GET ALL HATERS OF BITCOIN OUT OF HERE?
by
budarkcyber
on 30/07/2018, 14:41:15 UTC
This forum was created for people to learn more about bitcoin and not to hate it or spread false information about it. Guys, is it enough that these days we sit here Angry and here all sorts of FUD being spread about bitcoin saying all sorts of things which are not true???
Let's not forget that it is as a result of these these FUDs that brings all sorts of panic sells which brings the value of bitcoin down and what bores me is that at the end the come back here and say, "Finally bitcoin is dead" forgetting the very fact that they were the very ones that caused it. But they can't because bitcoin is still strong.

I think they should learn and think before they say bad things about bitcoin that make bitcoin enthusiasts think twice about investing in it.
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Board Speculation
Re: I DON'T CARE IF BTC DECREASES IN PRICE NOW
by
budarkcyber
on 25/07/2018, 15:12:45 UTC
I have seen that most people investing now in BTC are afraid of loosing some amount of money when the price declines. I have monitored so many post and I have seen that in their post that's they mean but they wont voice it out because they know people might condemn them. I have sat down and realise that no matter how BTC decreases in price I have nothing to loose and I don't care about it because for the past months I joined this forum  have seen much teachings and education from the crypto enthusiast. I now know BTC can do miracles just in a second or twinkle of an eye Smiley. What do you think guys? Do you agree with me? Your comments and suggestions are welcomed.

It's true some people who invest in bitcoin will panic when the price goes down, but not for people who have learned about market cycles first because they know that in investments there will be a rise or fall prices in the market
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Topic
Board Bitcoin Discussion
Re: Samsung start to accept Bitcoin on 3 countries
by
budarkcyber
on 25/07/2018, 15:00:58 UTC
I think this will be good news for cryptocurrency in the future and I hope other big industries can also accept cryptocurrency as a transaction tool in their company.
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Topic
Board Bitcoin Discussion
Re: Bitcoin grows everyday through Shared knowledge
by
budarkcyber
on 23/07/2018, 15:45:09 UTC
I came across a quote made by someone on this forum which goes like,'An open mind is one of the best assets when it come to cryptocurrency'.
 This quote got me thinking, to make bitcoin (cryptocurrency) grow everyday in relation to clearing all misconceptions people have, we need to share our little knowledge about bitcoin on this forum. Sharing of  knowledge will create an atmosphere for people to be open minded and also help newbie investors to understand the crypto world and the market. I realized there is quite a great number of very helpful people and resources on this forum.
 What do you guys think? Do you agree with me?

It's true that everyone should have an open mind when it comes to cryptocurrency, because not a few people come out of cryptocurrency because they have narrow minds, just because they see a substantial price drop they panic and sell their assets and that will only hurt themselves
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Board Bitcoin Discussion
Re: Why Bitcoin is better than banknotes
by
budarkcyber
on 23/07/2018, 15:06:43 UTC
Bitcoin is safer because of the protection of privacy, safe and bitcoin can not be controlled by anyone even by the government. I think that's what makes bitcoin better than banknotes
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Topic
Board Bitcoin Discussion
Re: Your investment strategy?
by
budarkcyber
on 23/07/2018, 14:57:39 UTC
Hello all.

The current situation of the market is not so good. I believe that some of you are panic, some are giving up, some holding to die.  Cry

Could you please share with us your current investment strategy so that everybody can learn from your good practices and overcome this tough time?

https://pbs.twimg.com/profile_images/923241266506358784/ebaWuxTd_400x400.jpg

I suggest to study the market cycle before investing, so you do not panic when the market is deteriorating. And one more thing, do not rush to sell when the price decreases because you will only get a little profit if in a hurry.
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Board Bitcoin Discussion
Re: Beware of Twitter Scammers
by
budarkcyber
on 22/07/2018, 12:49:27 UTC
Not only are the scammers doing the fake accounts that say "send .02 BTC and get triple" but apparently now they are either buying verified accounts or hacking them and changing the names and pictures to cryptocurrency people. Now it can actually be hard to tell if someone is scamming.


An example:https://twitter.com/officialmcafee/status/967887920991559681


Really shitty that this is happening. Be careful everyone

Yes it is true, now scammers are getting more and more clever, now it is increasingly difficult to tell which scammers and who are not. So we should always stay alert and always check every account before buying BTC or other cyptocurrency
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Topic
Board Bitcoin Discussion
Re: Why did the government want to kill Bitcoin?
by
budarkcyber
on 22/07/2018, 12:28:06 UTC
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.

Thank You.

It is true that illegal activities in the world of cryptocurrency will be easier because cryptocurrency has privacy protection that makes owners difficult to trace. But other than that cryptocurrency may be able to change the economic situation of a future country, it must also be thought of the government for the country to go forward and the better the economy.
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Topic
Board Bitcoin Discussion
Re: How well does Bitcoin function as a currency?
by
budarkcyber
on 22/07/2018, 10:49:18 UTC
Successful currencies meet three criteria:

(1) they are in widespread use as medium of exchange
(2) they serve as unit of account
(3) they are a stable store of value.

Most sovereign currencies fully meet all three criteria.

What about Bitcoin?

As we know, only in some countries allows bitcoin as a medium of exchange, and we also know that bitcoin selling is also not always stable so we can conclude bitcoin has not met all the criteria to make it function as currency.
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Board Bitcoin Discussion
Re: Samsung Stores in Three Baltic States Accepting Cryptocurrencies
by
budarkcyber
on 22/07/2018, 06:43:09 UTC
Samsung Baltic Stores Start Accepting Bitcoin, Ethereum, Litecoin, Ripple, Dash, Nem, and Steem. https://news.bitcoin.com/samsung-stores-in-the-baltic-states-now-accept-cryptocurrencies/



Nice info, I hope this will be an example for other companies or store to accept cryptocurrency and this may be good news for future cryptocurrency
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Topic
Board Speculation
Re: What factors make Bitcoin rise again?
by
budarkcyber
on 22/07/2018, 05:44:10 UTC
Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.

Link: Bitcoin surge: multiple factors contributing to the rally?

What factors make Bitcoin rise again? Will it continue to rise?

the number of people who are interested and want to buy bitcoin will make the price high again
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Board Bitcoin Discussion
Re: How does Bitcoin affect other Crypto?
by
budarkcyber
on 22/07/2018, 05:01:09 UTC
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Probably because bitcoin is already longer than altcoin, so maybe bitcoin prices will affect altcoin
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Topic
Board Bitcoin Discussion
Re: Security
by
budarkcyber
on 21/07/2018, 17:04:20 UTC
Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.

Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate  in no small measure the prevalence of frauds.

It is already a risk if you invest in the world of cryptocurrency, so better check a project carefully before you follow the project
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Topic
Board Bitcoin Discussion
Re: Invest into Bitcoin or bank
by
budarkcyber
on 21/07/2018, 16:58:33 UTC
I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?

Suggestions from me tell your uncle that the benefits that can be obtained from bitcoins that are not in the bank