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Showing 20 of 206 results by channingwilmer
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Board Economics
Re: Why did you choose bitcoin?
by
channingwilmer
on 10/12/2017, 11:41:06 UTC
I did not choose bitcoin, bitcoin chose me. It suddenly appeared in front of me and thanks to that event, I have known what bitcoin is. It was around 2015 when I saw a post on reddit and people were discussing about bitcoin. I did not know why but that day, something forced me to look around reddit. Damn it. I think that was bitcoin
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Board Economics
Re: Mining coins save or sell it?
by
channingwilmer
on 10/12/2017, 11:15:54 UTC
save them if you can. If you hold your ethereum from the begining of this year, you may x20 your mining balance right now Wink believe in the coin bro. They are super good for long term investing. But right now I suggest you to sell them and rebuy them when they are low
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Topic
Board Economics
Re: what is the future of Bitcoin ?
by
channingwilmer
on 10/12/2017, 11:12:56 UTC
According to different Statistics the Future of this virtual currency is so much brighter than others currency and people will find very easy to deal with every thing through bitcoin. some Reasons are really very fruitful for economical development such as
 1.In future buying bitcoin is more easier than past condition  ad people can complete so many task very easily.
 2.most of company use bitcoin as a local currency that helps to regulate bitcoin like regular currency and more company will interest for using this currency(bitcoin)
 3.international client are more visible if this currency will use globally.
 4.in future if government use the protocol then cyrpto-currency will protected and people feel safe for using this currency.


It can be said that the future of BTC in the next 10 years will change a lot compared to the present. Over the next 10 years, I expect that BTC will become more popular nowadays, accepted by many countries by BTC. In addition, services such as restaurants, hotels, shopping centers will allow payment by BTC in addition to available forms of payment. And I find payment by BTC very convenient, just have the address of the wallet will be paid, very fast and secure than the current payment method.  Cool
no kidding but bitcoin is extremely low right now. DO not blind yourself with something which are not true. Bitcoin is damaged by a huge number of transactions everyday and it is hard for the blockchain to maintain them. It is hard for it to survive in the next 10 years if there is no improvement in the system
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Topic
Board Economics
Re: Best tip on saving money
by
channingwilmer
on 10/12/2017, 11:10:39 UTC
Tip 1: never saving your money
Why?
Because saving means to destroy your money. You can not be rich if you just saving and saving and saving. Billionaire use their free money to invest in other things which can make them rich. Try to do that. Find something to invest your money
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Topic
Board Economics
Re: Can Bitcoin also lead to corruption ?
by
channingwilmer
on 05/12/2017, 18:45:17 UTC
Bitcoin can become a corruption but it can not lead to corruption. The big dump is really near and everything will fall down cause of bitcoin. Hope that bitcoin will keep being stable like this. Too many people are trying to invest their money in bitcoin
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Topic
Board Economics
Re: What is your best investment strategy?
by
channingwilmer
on 05/12/2017, 18:40:40 UTC
The best strategy would be not to have one.

How could you say that having nothing is the best strategy? Remember, in everything you do there's always a consequence and that is positive or negative, you will have a positive outcome if you work on it. Just like Bitcoin, if your going to invest in Bitcoin you need to work hard, willing to take risk and study each coins first before buying. Cause sometimes their are some coins that is so slow to move it's volume and price. So it is much better if you do daily monitoring from time to time.
Just ignore him. He is an idiot for sure. He do not want to become rich. ONly investing can make us rich. If we work for entire life, we can never have a good life and money to spend. Investing is for smart people. The more we invest, the more money we will have
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Board Economics
Re: You should never trust banks
by
channingwilmer
on 05/12/2017, 18:29:47 UTC
It is not about not trusting banks. Its about choosing the best bank available in your area who has the "lesser evil". Each banks has it's own pros and cons. You need to weigh down the differences and stick to the ones that will cater to your banking needs.
I agree. There are many banks that are extremely good. But in my coutry, banks are not very good. THey are truly scammer. Actually, they are not really scammer but their agents are scammer. Banks can not control those people and they refuse to take responsibility of their agents
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Topic
Board Economics
Re: Tell me a secret: any way to earn 0.1 BTC per week?
by
channingwilmer
on 05/12/2017, 18:18:09 UTC
One can make this with bounties, but this is also bound to a lot of work, so maybe just working a normals dayjob and converting some of that money into BTC will be the best choice. I dont think that there are easy ways that give you a passive income of 0.1 BTC per week. But if you are creative there certainly are such opportunities.
Bounty is not a good way to make money unless you are a cheater. and no one likes cheater. THey are destroying the forum. Bitcointalk is now full of spammers and griefers. Hope that bitcointalk will become the same in the past where it was a place for bitcoiners to discuss about different topics
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Topic
Board Economics
Re: Reason why you should Buy bitcoin now
by
channingwilmer
on 05/12/2017, 18:00:39 UTC
It's easy to answer actually, because the price of bitcoin is on a condition that will increase again until the end of the year. That's why you should buy bitcoins right now, it's not important to buy bitcoins but it's really good if you want a good profits. I predict the price of bitcoin will increase up to $12,000 very soon.
But there is no guarantee that there is no dump in the near future. Bitcoin is having a very high price and it is not very stable. When I look at the chart, everything shows that the price of bitcoin needs to go down. The higher bitcoin price is, the bigger the dump will be
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Topic
Board Economics
Re: The future of the paper money
by
channingwilmer
on 05/12/2017, 17:54:19 UTC
Maybe somewhere it will stay, in countries like Japan - they still use paper money more then cards, but in the other world i think it will disappear
Japan is a developed country and it can be considered as one of first countries which accept cryptocurrency. I do not think that the people use paper money more than card in this country. People receive their salary through the internet banking in Japan. I believe that Japan is the best place for the cryptocurrency and digital currency to develop
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Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
channingwilmer
on 05/12/2017, 17:49:47 UTC
Yes, it does, the price of Bitcoin will attract more and more attentions of investor to it. More investors equal more valuable for Bitcoins. So it would be good for Bitcoin.
I agree. However, since the price of bitcoin is too high, too many people invest their money in bitcoin and it is not good at all. Most of investors in these days do not want to learn more about bitcoin. THey just focus on the value of bitcoin and the chance of being rich with bitcoi
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Board Bitcoin Discussion
Re: Are Bitcoins taxable?
by
channingwilmer
on 21/10/2017, 10:03:04 UTC
No, bitcoin is not taxable because it is decentralized. no one can know that you are using bitcoin or not. However, some exchange such as poloniex, collect fee from customer and they also collect information from customers, too. Well, in the future, if they want to work in the US religion, they have to reveal information to the government. I believe that the US will soon make poloniex to do this
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Board Bitcoin Discussion
Re: Bitcoin growth again, what to do?
by
channingwilmer
on 21/10/2017, 09:43:01 UTC
wait until the price is dumped by whales. The price will surely be dumped because people right now are buying bitcoin cause of the hard fork. They want to earn extra credits from bitcoin gold which will be received after the fork. So, just wait, do not follow other people. The price will be back and you can buy bitcoin with the cheap price. However, if you have bitcoin, I suggest you should sell bitcoin
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Board Economics
Re: Bitcoin is an asset or currency.
by
channingwilmer
on 21/10/2017, 09:12:24 UTC
I think bitcoin is an asset,because the value of bitcoin keeps increasing.If you hold bitcoin for long time you can have more profit while you sell it.
Bitcoin is a currency and an asset, too. As you can see, you can use bitcoin for any purpose you like. You can use bitcoin to buy online stuff and if you are lucky, you can find a store in your local area which accept bitcoin. Bitcoin can be considered as a type of investment because if you hold bitcoin for a long time, 90% that you will earn a huge profit in the future.
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Board Bitcoin Discussion
Re: Do you think Bitcoin will survive after 100 year ?
by
channingwilmer
on 21/10/2017, 09:08:59 UTC
Bitcoin is built on the internet and therefore, unless the internet is destroyed, there is no way to stop bitcoin or make bitcoin dies.  BItcoin will still be there in the next 100 years but we can not know whether bitcoin will still have a big value or not. Time will tell us about it. right now, the hard fork is much more important than this issue and I think you should find out which wallet will give you a chance to receive bitcoin gold and bitcoin2x
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Topic
Board Altcoin Discussion
Re: Effects of ICO ban in China
by
channingwilmer
on 12/09/2017, 17:59:52 UTC
The price of bitcoin and altcoins fall deeply after the ban in China. And in a few more days, new rumors made the market even worse. However, everything will recover. And the ban is only temporary according to many big newspaper. We do not need to worry about it Wink
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Board Altcoin Discussion
Re: What tokens are you holding now?
by
channingwilmer
on 12/09/2017, 17:47:09 UTC
I am holding monaco. hope that it will get the approval from VISA so that it can jump to the Pluto. The price of monaco is high right now and it will be higher in the future. Monaco does have a good team with good CEO. Kris is always online and support people on slack even though I know that he is extremely busy with his work
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Board Altcoin Discussion
Re: What if IOTA fud is true?
by
channingwilmer
on 12/09/2017, 17:39:37 UTC
Everyone will sell their IOTA If the FUD is true. But wait, there is not confirmation about this issue yet. There is no official statement come from the team or someone has the authority to supervise the team. Therefore, just keep holding IOTA. IF you are scared, you can sell it
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Board Altcoin Discussion
Re: Do Altcoins really have a future?
by
channingwilmer
on 12/09/2017, 17:33:55 UTC
Why not? there are too many good altcoins out there and I believe that at least 10% of them have a good future. 1% of them can even beat and replace bitcoin. Mark my words. Look at ethereum and litecoin, as well as lumens. Their market caps are extremely big right now
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Topic
Board Speculation
Re: Is $4000 the perfect time to buy
by
channingwilmer
on 12/09/2017, 17:14:25 UTC
Buy buy buy. Bitcoin has just drop down to $4000 again and this time, it will not decrease anymore. Buy fast or you will never have a better chance to buy bitcoin with the cheap price. Bitcoin is very popular right now and therefore, the number of people using it has increased significantly