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Showing 20 of 321 results by chesegrinder
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Board Bitcoin Discussion
Re: The Effect Of BitCoin Fees Dropping Significantly
by
chesegrinder
on 25/02/2018, 08:31:07 UTC
The drop of in transaction fee of bitcoin in the network was the successful launch of lighting network, and i believe it is the follow up of the segwit. Now it is good to transfer bitcoin to bitcoin for the low fees. I do not know if this is for temporary or for long term but it will make it a stand-strong and attract new investors as last year it was the main issue of bitcoin (high-transaction-fee). In Altcoin this will be another challenge to compete.
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Board Bitcoin Discussion
Re: What do you think about Warren Buffet and Others?
by
chesegrinder
on 24/02/2018, 00:43:22 UTC
buffet, Dimon, jak ma and other big investors who have commented in bitcoin and cryptocurrency have the right to say what they want. As they study the economic and financial market for long time with their expertise in in financing and investment many of their statement affect the market as they have many followers (count me in). I don't believe that they don't have knowledge about bitcoin and cryptocurrency, bitcoin now is a big thing that recognize by many people around the world, i believe that these people are protecting their investment. But for me it is proper for them to say anything about bitcoin. In addition I watch a video that Jak Ma say that he don't know about bitcoin, but he is looking forward in the blockchain technology.
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Board Meta
Re: Merit Requirements too difficult to JR. Members
by
chesegrinder
on 23/02/2018, 23:52:03 UTC
As the new Requirements develop by the forum, it is really a pain. Having a Rank up is very difficult now. You nee activity, post and merit to rank up. those merit system is subjective (IMO) anyone can give a merit to someone, but as i round on the forum few are giving about it. They say you need a quality post that can contribute to the forum. I also see that Joel jantsen are having some merit distribution campaign where he gives merit to newbies for finding an alt. In other hand, this merit system avoid those people who rank up by spamming and maintain the quality post of each members.
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Board Service Discussion (Altcoins)
Re: How do I know a bounty program is good?
by
chesegrinder
on 22/02/2018, 13:26:04 UTC
In my opinion, check who manage the bounty campaign or program, they should be at the rank of hero or legendary, because good bounty campaign choose only who are trusted and know how to handle the program in the forum. Check also the trust of the campaign manager. Next, read what its offer. Make a research about the team. Try to read also their whitepaper.

Remember, good bounty programor campaign only choose good managers and participants
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Board Altcoin Discussion
Re: What do you do with the rewards you received?
by
chesegrinder
on 22/02/2018, 10:31:04 UTC
Well In my case, I just hold it up for about 2 weeks to 1 month while checking on the exchange platform about the price of it... In tjis kind of business patient is a virtue... If the ICO is done checl the price of the coin or the token sometimes new coin on tje market are high in value it is around 1- 5$ in value and suddenly falls down to 0.2$, but if tje ICO follows it roadmap and continouosly developing the coin in the near future the price of the coin will increase and you will definitely get high profit on it. Maybe you should need to check once a week the price of the token or coin you hold just for update and reference
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Board Bitcoin Discussion
Re: Will the price be stable?
by
chesegrinder
on 22/02/2018, 10:09:03 UTC
If more bitcoin will be mined the price or value of bitcoin will increase it is as simple as law of demand and supply, as the supply getting fewer and many people demand on it price will increase.

Next, I doudted that bitcoin scenario of all bitcoin will be mine, everyday there hundreds of thousand selling and buying of it, so it creates another block on the blockchain and also depleted block. In addition (IMO) bitcoin mining are hard unlike mining altcoin.
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Board Bitcoin Discussion
How to know if it is FAKE or NOT?
by
chesegrinder
on 22/02/2018, 09:59:42 UTC
In daily update of bitcoin and other crypto, there are also daily pump and dump of it. There a lot of factor affecting the price/value of a single coin some are:
Increase of trading/ sellingnof coins

Dialogue or a speech of famous financial adviser 

Forums speculations

News from other countries


Now, how can we firgure it out if the news are fake or not, ?
Anyone?
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Board Bitcoin Discussion
Re: Cryptocurrency education in high school
by
chesegrinder
on 22/02/2018, 06:42:13 UTC
Well , I think it ia good to know that cryptocurrency are introduce at teach to high school as they will be more open in the new technology and the role of being good in financial analysis, so they can learn how to handle there own money and invest in good business...
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Board Bitcoin Discussion
Re: KFC now accepts Bitcoin!
by
chesegrinder
on 22/02/2018, 06:34:53 UTC
This news is very good for us bitcoin holder and cryptocurrency enthusiast as it shows that many company are thry to catch up with the new way of payment and joining in the crypto world. Someday many other companies will join and try out the new tech in paying foods and goods like alibaba and burger king. In other side, IMO i would like to prepared to buy fiat as I make crypto as an investment, and fees are too high.
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Board Altcoin Discussion
Re: Wise investors always find their own ways
by
chesegrinder
on 19/02/2018, 09:47:56 UTC
investing is one great things to roll the dice in your life, but like our lives it all have risk, the thing is how much can you afford to risk?

-When the cryptocurrency experience a great fluctuation, what will you do?  first, study the market by graph, make sure you have updates and sources for reference so you can conclude what will happen next, because crypto market are not stable. second, take some advice to those people who have knowledge in cryptocurrency and financial business sector as they can give in-sight about the process.

-Go on with your investment or sell it of? "Those who can hold longer, will gain it!" LOL I was fascinated with this qoute about a year before as i read in in other section of this forum, I just want to share it. Yes, those who have patient in holding ones coin will gain it soon, but it is depend on the market and the creator of. 
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Board Bitcoin Discussion
Re: EU hates Bitcoin
by
chesegrinder
on 19/02/2018, 09:03:14 UTC
as for A Member of Executive Committee of European Central Bank Yves Mersch. He warned the entirely speculative nature of bitcoin’s value was a cause for concern. He also Warned banks investing in cryprocurrency because the risk it have taken/carried. But he include that some process of bitcoin should be undertaken, means EU are not hating bitcoin but they should normalize or regulate it so that it can not be use in funding terrorist or in money-laundering.
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Board Bitcoin Discussion
Re: Will BTC Replaced by an Altcoin ?
by
chesegrinder
on 18/02/2018, 01:00:50 UTC
bitcoin are traceable, YES it is, you can track how many bitcoin your account or ones account send by other account but it will not give you who send it (name and location) what they called Anonymity

It have a huge fee in sending bitcoin, because it was maintain by miners

Receiving takes more 10 minutes, ..."Currently, bitcoin network traffic is unusually high due to increasing demand for transactions per block. Block sizes are limited, so this means that transactions which exceed the capacity for a block get stuck in a queue for confirmation by bitcoin miners. This queue of unconfirmed transactions is called the bitcoin   mempool." Ref: as for bitpay

.."Confirmation times vary. Confirmation times depend on the transaction fee paid by the sender. If the fee is high enough, Bitcoin transactions can obtain three confirmations in as little as 30 minutes. If the fee is low, it may take days for a transaction to be confirmed." ref: Luno

I believe that it takes many year before bitcoin will be replace by Altcoin, if these problem will not resolve. But, for now bitcoin will be remain on top of all crypto as it is the first crypto embrace by society.
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Board Bitcoin Discussion
Re: Any tips or suggestions for those who lost many coins?
by
chesegrinder
on 17/02/2018, 14:28:28 UTC
First, investing in crypto include risk (those who cant take the risk, cant earn it). That's what I always think.
second, before investing to anything you should know how it works, and learn how to use it (invest what you can afford to lost)
third, Proper Knowledge
Last, Faith on it.
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Board Speculation
Re: Bitcoin dominance - where do you expact it?
by
chesegrinder
on 17/02/2018, 14:18:31 UTC
Bitcoin dominance at this moment is really low compared on last year and other fork it have. But, that's happen because its popularity and demand increase as it hit 20,000$ last year. In my opinion thats the All-time high of bitcoin. It is normal to decrease the value of it. i also expect the down trend of bitcoin as of this month but in other-hand I am hoping to increase the price up to 50% to 60% of its lost this coming summer.
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Board Speculation
Re: It's time for bitcoin to go up
by
chesegrinder
on 17/02/2018, 01:02:54 UTC
as i read some speculations and articles, bitcoin did a high increase last year, and last month it experience a huge fluctuation from it huge increase. at this moment bitcoin are bit slowly but surely increase. I can not say if it will increase like it did last year, but for me as i start from the price of 400$ before bitcoin right now is going better.

This time is the time for the cashless transaction to be embrace by many country and to crypto to be famous.
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Board Speculation
Re: Is bitcoin back to its own rhythm again?
by
chesegrinder
on 15/02/2018, 11:15:44 UTC
as for reading and searching for about an speculation that can cause to a break down, I see that bitcoin in this moment are stable in 9k up, slow in increase  but still it is moving upward. hoping that after this week it will increase and touch down the 10k value price.

in other hand, it was very surprising that bitcoin come this far as before speculation are all down trend.
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Board Altcoin Discussion
Re: When Bounties are not worth the effort - Limit the numbers
by
chesegrinder
on 08/02/2018, 13:57:34 UTC
For ICO ads it is better for them to have many participant as many as they can to promote the coin, they need more exposure than existing coin in the market, limiting the participant will give them less exposure. Plus it is depend on the marketing strategy of the Company and the agreement of the campaign manager...

Well, it depends on your choice what ICO/Bounty campaign you want to jump in!

GOOD LUCK AND HAPPY EARNING!
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Board Bitcoin Discussion
Re: Japan plans to become the Bitcoin capital of the world.
by
chesegrinder
on 08/02/2018, 11:35:28 UTC
it is really a good news and good to hear about the adaptation of bitcoin/cryptocurrency in different country. But Japan needs to monitor its growth, Visioning to be the world first country who widely use crypto will take more complain and supervision. There are many ICO who will take advantage of it those crap who are expert in scamming people. (NOTE: I dont Hate ICO as a whole/in general, I hate those ICO who make promises and afterwards you will left behind)
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Board Altcoin Discussion
Re: Litecoin or Etherium?
by
chesegrinder
on 07/02/2018, 14:27:24 UTC
i hold LTC for about a year and  half now and ETH for about 8 months. A i Observe There are a higher gap among the 2. As for Growth in %, In my opinion ETH have the capability to grow fast as it attract many ICO because of it smart contract than LTC. But IMO those coin are worthy and valuable coin in the future, just holding it up and make them a little helping hand when you need one someday and you will realize how good they are.
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Board Speculation
Re: Is it true bitcoin will fall to the leve of $1800 or $1500 ?
by
chesegrinder
on 07/02/2018, 14:10:03 UTC
As for now falling in 1800 or 1500$ value is unbelievable, check out how many transaction did the blockchain have everyday. It is very ridiculous that after a little drop on price there are mushroom who called them self "expert". Maybe they hold a lot of Crypto and they want to manipulate the market of digital currency that's why they want calling their name expert.

as  i read the two bubble happens The Tulip and The Dot com, the writer quote "There is a good chance that only coins with solid fundamentals will survive the current bloodbath." and i believe that the SOLID FUNDAMENTALS of bitcoin are US, so we and bitcoin will survive...

HAPPY EARNINGS!