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Showing 20 of 186 results by cherryfer
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Board Economics
Re: What is the best Cryptocurrency to Invest?
by
cherryfer
on 17/09/2018, 08:57:58 UTC
Here's a guide on how to do cryptoinvesting.
 
An excerpt from http://cryptodime.net/how-to-pick-the-best-cryptocurrency-to-invest-a-guidline-to-trading/

If you have decided that you want to jump into this rapidly growing market, then there are some very important things that you need to understand. In this guide, you will learn how to choose the best cryptocurrency investment for you. We will also analyze a few hot currencies, to kickstart your research. Keep in mind that this guide focuses on long-term investing strategies and NOT active trading.
The Best Cryptocurrency to Invest in is…
Anyone who tries to tell you that the “X” cryptocurrency is the absolute best cryptocurrency to invest in, probably has a very large vested interest in it. In reality, there are will mostly likely be several big winners in cryptocurrency. It’s like the dot com boom, where companies like Microsoft, Oracle and Google ultimately became blockbuster investments. But you only made money in those investments, if you understood why they were good investments AND you had a reason to keep those investments for the long term. Otherwise there would have been a big temptation to sell them as soon as you made a little bit of profit. If you don’t understand what a cryptocurrency does or why it’s valuable, then don’t invest in it. Many of these cryptocurrencies are going to be a passing fad.

There will be a select few cryptocurrencies that will be great investments. Bitcoin has already shown us the potential. But the majority of coins will fade into obscurity. Since nobody knows which ones will be huge winners and which ones will be epic fails, we believe that the best investment strategy is to have a portfolio of currencies. Putting all of your eggs into one basket is a recipe for disaster. You don’t have to understand every single technical detail of each currency. However, you should read a lot about a currency that you want to invest in and make a very informed decision.    That is the only way to find the best cryptocurrency investments.




Many crypto currency are good and i know that many investors become rich because of them but for my in my own I choose BTC for investment because based on my analysis Bitcoin will have stability to stand for long long term and have enough capability to serve the people  for a long term period even if sometimes there is a struggle the come up to bitcoin but still it has standing in the floor and people continuously wait until it has a good transition of price high.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin become an asset
by
cherryfer
on 17/09/2018, 08:33:13 UTC
https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.



Bitcoin is very multitasking we have to it a jack of all trade because since bitcoin built as decentralized crypto currency it  will do it more financially, investment, payment transfer quo-lateral like an assets, gift and etc. that's what bitcoin do for us. so you have to analyzed what is the classification it has.
Post
Topic
Board Economics
Re: Why spend time in bitcoins?
by
cherryfer
on 17/09/2018, 08:18:07 UTC
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.


I spend a lot of time to bitcoin because i know that it will survive for our financial problem and I realized even after 2 years bitcoin will absolutely give us all our needs even if we have no capital to invest. So we are very thankful to  bitcoin all the time that we will not disappoint it all our ambition to do was very easy because of bitcoin not only in financial also to process of any kind of transaction.
Post
Topic
Board Bitcoin Discussion
Re: People call bitcoin a fraud or ponzi scheme
by
cherryfer
on 17/09/2018, 03:05:44 UTC
Anyone can call it ponzi scheme and fraud but if you think of it, everything worldly is fraud. You buy apple products with thousands of dollars but how much are they really worth? Why would people give out thousands of dollars for a macbook when they can buy a laptop for $300? Is it really worth that much or is it just another ponzi scheme that apple is bringing to the world better gadgets than any other brands? So we're talking about bitcoin now. What are we really paying for when we buy bitcoin? We pay for an online program and the people running the program helping transactions go through, or we call mining. Miners put in so much time and most especially the cost of mining is so much. That is merely the reason why bitcoin will cost much and if incase it will dive too low and will not be enough to pay for miners, then that could be the time bitcoin will die, or not.


We don't blame  the people called them a fraud I think they would experienced a victim a fraud that's why they call it bitcoin is fraud but i reality bitcoin is useful and very big help for individual in terms of financial but not all the time because like what happen this time bitcoin price is too much lower but of course there is a big chances to rise again. 
Post
Topic
Board Economics
Re: Bitcoin can be useful for a troubled economy
by
cherryfer
on 17/09/2018, 02:49:25 UTC
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy



Exactly Bitcoin should use being as an alternative source of income during the trouble economy and even this time while bitcoin is still on negotiation and analyzed with individual and government it will continuously operated and provide to all  the people needs.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin can be a national treasure.
by
cherryfer
on 17/09/2018, 02:17:12 UTC
Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.

Can we consider bitcoins as national treasure of a country comsidering its economic significance?



Yes of course because Gold or silver under the land should be mine in limited area most likely in isolated site in rural area so bitcoin is knows as national treasure that's viable mine all over the cities and and should be provided soon in all rural area because of the internet site spread out through the help of international telecommunication site all over the world.
Post
Topic
Board Economics
Re: Is there any chance of having one global currency?
by
cherryfer
on 17/09/2018, 01:47:47 UTC
Could you see a future wherein the entire world shares one global currency, be it fiat or crypto? If I think it in a scifi kind of way, it would most probably be some digital currency that could all just use. It doesn't even have to be in this century. Maybe the next?


Definitely yes, High technology will bring us to higher level in terms of processing so doubt after several years when wake up in the morning all level of payment must do in one direction which is crypto currency process and I know that according to the trend now Bitcoin is a number one leading crypto so no doubt guys. start from the global unity of the people followed by crypto currency.
Post
Topic
Board Bitcoin Discussion
Re: Digital money or virtual currency?
by
cherryfer
on 16/09/2018, 14:38:49 UTC
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?

Digital money is part of doing in virtual currency all activities in Bitcoin including investment and payment transaction are actually served by bitcoin. My advice to new user just continue support Bitcoin to become number one choice of the people.
Post
Topic
Board Economics
Re: What will you do with the current market?
by
cherryfer
on 16/09/2018, 14:19:40 UTC

Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?

I still have to wait the good changes of price we all know that the price would stay in 6 to 7 USD but the time has chance we know that after several months all our effort and patience would accept a reward because of trust that it has a miracle  that would happen to our stock and investment.
Post
Topic
Board Bitcoin Discussion
Re: Is it possible to have bitcoin shortage?
by
cherryfer
on 16/09/2018, 13:35:25 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?

I think its no because 21 mlllion bittcoin spreadout all over the world inside virtual digital system it  will not srotage even 100 years.
Post
Topic
Board Economics
Re: hackers becoming smarter than exchanges?
by
cherryfer
on 02/09/2018, 15:54:38 UTC
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Indeed! As our technology and security was innovating those hackers will always find a way to sustain their selfishness. What we can do is to carefully choose among these exchangers.
Post
Topic
Board Speculation
Re: Is this the end of Bitcoin ?
by
cherryfer
on 02/09/2018, 15:51:30 UTC
I have seen the crypto market for last 1 year and the last 6 months are not so good for BTC and Alts.
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
 

At the end it will be your decision. There is no problem if you want to hold your Bitcoin as long as you can afford or the possible losses.
Post
Topic
Board Economics
Re: The dollar affects Bitcoin?
by
cherryfer
on 01/09/2018, 08:53:29 UTC
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?



Bitcoin in the  beginning is the price volatile there is inflation and deflation we all know that in besides all of this circumstances is reflected by the  in and out investor so dollar is not responsible the price of bitcoin bubble.
Post
Topic
Board Economics
Re: Why we must study Economics at University?
by
cherryfer
on 01/09/2018, 08:40:19 UTC
Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?



Economics subject  is very important to each learner to the purpose of be a good leadership in case they will run a politics during election  at least they have an expertise to handle  to the country which where you belong and it will become progressive economy.
Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY][HUMA] HUMANCOIN - 50 MILLION TOKEN REWARD FOR BOUNTY
by
cherryfer
on 20/08/2018, 06:06:08 UTC
PROOF OF AUTHENTICATION

I joined Signature Campaign Sir!
Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY] IMPRESSIO - 7 500 000 TOKENS WORTH 7.5M USD
by
cherryfer
on 18/08/2018, 10:18:00 UTC
Excuse me Sir, I just want to know if we can now remove our Signature. I joined the Signature Campaign Sir!
Post
Topic
Board Bitcoin Discussion
Re: How much electricity does bitcoin need?
by
cherryfer
on 23/06/2018, 06:31:34 UTC
Who owns the reliable information that the network bitcoin uses more than 80% of the countries separately electricity. Bitcoin also multiplied by several times the amount of energy consumed in the last year. Is this really true, who will say? So there are thoughts that bitcoin in a couple of years will be a threat to the energy situation on the planet?



Consumption of using electricity for bitcoin is not totally volume and fully consumed because computer or cellphone is only minimal output of current this is not like a big factory that fully used of electricity, so  bitcoin using energy is not cause if there is a problem in our planet earth.
Post
Topic
Board Economics
Re: Digital Money = Cashless Society
by
cherryfer
on 23/06/2018, 02:24:03 UTC
Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"

It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Bitcoin is a part of digital money. How is digital money is your country ??

Digital money in my country is same as what your stated here, aside from fiat money we have also paying bills using debit or credit card and also we have electronic payment transfer, digital payment method here in the Philippines was operated several months ago. but for making money cashless method with your own processing is not yet operated, that's what I want to use bitcoin because anytime I decide to make payment transfer or make an investment in front of my computer I did it in easy way.
Post
Topic
Board Bitcoin Discussion
Re: What service missing in cryptoworld?
by
cherryfer
on 22/06/2018, 01:31:18 UTC
In crypto world we see that there is many crypto and many service too.What do you think what service is missing in the cryptoworld.


Form me regarding to the service of all crypto I think it's  enough for me for proving all the needs in terms of financial coming from different crypto but for about security for every user like us it needs to have tight securely for our wallet. it is not enough to the people being comfortable specially in CRYPTO EXCHANGE BITHUB that allegedly last week was being scam for about huge volume of Bitcoin scam buy scammer.  so  full security of wallet is MISSSING of LUCKING that's important for the people being comfortable. 
Post
Topic
Board Economics
Re: Choosing the one | What I think! - Real Job or Full Time Crypto!
by
cherryfer
on 21/06/2018, 04:09:58 UTC
I have read many threads talking over this subject and came to know that many people are very confused about their real job and the crypto world. So out of the panic they have started creating many threads like this. I thought to write some suggestions and kind of roadmap so that people can actually choose what is right and wrong for them. Hope this will help.

If this questions concerns a lot to you then you should know the difference between two.

                                                        _____Real Job______.           
|.    _____Crypto Job_____

                                                            1. Secured fro lifetime.                       
| 1. Unsecured for lifetime
                                                            2. Gives you fixed Income.                 
| 2. Income is not fixed
                                                            3. Promotion Opporutnities.               
| 3. Not Applicable
                                                            4. Yearly Hikes in the Salary.               
| 4. Not Applicable
                                                            5. Recognition in the Colleagues.       
|5. Not Applicable


These are the most vital points in both of them or at least this is what concern a lot to us while following both of them.

However I believe that what matters is the output which is "Money" And when you have enough money then that = Stability in your life.

This can be achieved in easiest way when you have all the point that are covered under the list of "Real Job". I mean if Im coming home everyday with hard work and for which I will get the sure shot salary at the month end then I would be happy for that and will loose most of the tension over that fact.

Lets consider the same case with the crypto currencies and earning through that.

What options do we have under the Crypto venture?
1. Signature Campaigns
2. Social Media Campaigns
3. Bounty Programs (Same thing with token payout)
4. Media Publications
5. Trading
6. Gambling
7. Lending
8. Hardware Mining
9. Coding (Hardest One to get in)
10.Becoming Managers (Very Stable but tougher to reach that level).

Woof! Thats lot of ways with which I could actually earn from the crypto currency. So I might just think that I will leave my job and will focus on all of them.

But what, lets think about it for a moment! Are they really reliable sources with which we could really go for rest of the life? Im pretty sure most of you will say may be, or some of you who are already very old in this field might just say yes. But, I believe its not that easy to work with all if them altogether and you have no assurance that you will get into campaigns all the time and you may not earn the fixed income form these options creating the instability in your house.

Most of the options above need initial investment and some of them are not even fool proof.

We have to agree that becoming manager here is not everyones play so we should consider that option equal to null.

However, real job salary covers all the points in it and we could easily survive! Thats the whole point.

The End Results?

I wish I could have easily said that we can live happy life just on the crypto currency. Unfortunately, I believe that real job is better than the virtual games. I would really suggest that we should look after the family planning, house stability in all possible ways. There is no way we can have that much stability with just crypto world.

You can make it part of your life, but you can push your life depending on it. Not at all!

Suggestions are all welcome!



People who are full time in crypto are nothing problem about financial I mean Financial status are stable they have enough fund to make business in crypto even without any regular job. but if you are not able to do like this, you just focus your real job or you can apply your self to be double income just join in crypto world while you already have a job but during vacant time.