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Showing 20 of 38 results by cryptobiker
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Topic
Board Bitcoin Discussion
Re: Which is more risky? Bitcoin or bank investment?
by
cryptobiker
on 22/06/2018, 06:56:28 UTC
There can never be a better time than NOW,...to invest in crypto, Which is more Risky? thats subjected to your understanding and knowledge of how to acquire, use, store and invest/trade your crypto, u need to be careful because 1 mistake and you loose all control over your funds and unlike traditional banking system there is no support system which would be able to help you recover it.

Crypto system is here to stay and its getting steadier day by day, returns are insane and yes insanely volatile too, for those who complaining that market has crashed and gone down to be one third comparing prices during late Dec 2017 and Jan 2018, should know that even at todays price it's Still at more than 100% profit comparing it with June 2017....

Both Crypto and Traditional banking have there own risk factors and positives, if you already are having good credit history with your bank then majority of investment should go to crypto its a no brainer really, special now when market is stuck and stagnant since a while... invest now reap benefits in 3rd quarter :)

Good luck


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Board Meta
Re: Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
by
cryptobiker
on 18/03/2018, 12:03:44 UTC
How does the activity calculation actually works, If I remain inactive I loose on activity points? can somebody please explain how it actually works

many thanks
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Board Bitcoin Technical Support
Re: Help with choosing new wallet
by
cryptobiker
on 06/10/2017, 20:16:14 UTC
Loads of wallets out there today(as long you are in possession of your private keys you are good )... though its a good practice downloading node, encrypt and take a back up is safest without any doubts plus you are helping build network even stronger... but if its web wallet you are seeking blockchain.info is reliable lately I've seen Jaxx and bither becoming popular among my network
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Board Altcoin Discussion
Re: HOT Altcoins Trade Ideas
by
cryptobiker
on 05/10/2017, 23:30:10 UTC
What about BCH?.. is surely dipped allot good time to buy? I've been keen on holding some till next H split and after reading this post I'm more hopeful and bullish on holding part of porfolio in bch https://news.bitcoin.com/an-in-depth-interview-with-electron-cash-developer-jonald-fyookball/
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Board Bitcoin Discussion
Re: So Bitcoin is better than Gold?
by
cryptobiker
on 05/10/2017, 23:22:20 UTC
So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes

http://www.dugcampbell.com/wp-content/uploads/2014/12/Traits-of-Money.png

https://getabitcoin.files.wordpress.com/2014/04/goldvsbitcoinvsdollar.png



Excellent description (PERIOD)
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Board Trading Discussion
Re: How do you Panic?
by
cryptobiker
on 02/10/2017, 08:35:27 UTC
Never Panic... I like to think of it as just a GAME.. yes I know its not.. its not a Game its a Real Deal... but believe me if you do little homework on trades you are going to commit in and consider it just as a game you won't hesitate taking those risky leaps

I am someone who would like to hold long term and it has paid off all over last 2 years... Its such a promising industry the "Crypto industry" when you get involved Fiat kind of follows you... hold on to those temptations to cash out and buy that fav thing of your.. if you must just try and hold for another 6 months and you will see what I mean
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Board Bitcoin Discussion
Re: What is the standard of bitcoin investment?
by
cryptobiker
on 02/10/2017, 07:37:44 UTC
There is no standard investment in bitcoin it depends on the set percentage based on the term and reference of the company you want to invest your bitcoin. Some companies or ICO's offered a small amount of investment but with high profit. It is depend on the set terms and condition and make it sure your investment is secure.

I Second that opinion there no set standard... Its subjective based upon how much you are willing to invest; how long are you willing to hold; what are the profit margins you are looking at... while there are several ways to invest and stay invested i.e. Holding bitcoin longterm in paper wallet, trade bitcoins on exchanges for other crypto currencies and investing in ICO's of good promising project (you would need proper awareness or guidance if you decide to invest in an ICO)

Regardless of what amount you are investing you should at-least hold 30% of your investment long term... considering the fork drama happening again by the end of the year may be hold 50% of investment as bitcoins on core node or any wallet as long as you have the private keys access so that you can profit from free coins if it happens again..
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Board Bitcoin Discussion
Re: Will one of the strongest men in the world accept bitcoin for his business?
by
cryptobiker
on 30/09/2017, 14:54:17 UTC
Hi message from future... and you will be glad to know that the answer to your question is that Worlds most strong men/enterprise would be the one who uses Bitcoin ... how things change over in couple of years
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Board Bitcoin Discussion
Re: I stll don't know what to do with my Bitcoins...
by
cryptobiker
on 30/09/2017, 14:49:07 UTC
I can forward you my address if you can't think of anything to do with them JK... Smiley Thats actually kind of good you don't know what to do with them Holding is good practice by the time you will learn the use for them you will be a millionaire ... I guess thats why they say that "ignorance can be a BLISS..." you lucky man/woman you
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Board Bitcoin Discussion
Re: Will Bitcoin Die Because of China?
by
cryptobiker
on 30/09/2017, 14:44:48 UTC
No way... China never had nor will have any control over the majestic beast.. US understood that pretty early and best could do was to tax it when you convert to fiat.. and thats it. Bitcoin is too big now for any country to suppress it any attempt too suppress it would only boost its growth.
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Board Bitcoin Discussion
Re: Do you think Bitcoin can ruin a Country?
by
cryptobiker
on 30/09/2017, 13:59:20 UTC
It definitely is more strong than any nuclear, atomic, hydrogen or any other bomb out there to get rid of masses at will, Bitcoin is designed to diminish the inequality.. that age long barrier in progress which was formed to keep the riches on one side and the commons on the other... bitcoin has already formed a bridge and intends to break the barrier completely,... will that make the rich bank boys happy I doubt it so once the acceptance grows we will definitely see some resistance from the governments forced by big bank boys to suppress the revolution buts its little too late for that as we are here and aware and we no need no harm to anyone we are just redistributing wealth among commons so everybody can live their dreams 
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Board Bitcoin Discussion
Re: can bitcoin wallet be hacked by hackers?
by
cryptobiker
on 30/09/2017, 13:48:31 UTC
The safest Bitcoin wallet on the face of the earth is Node wallet... yes you would have to download entire chain you would need some disk space but you will have full control of your asset.. encrypt your wallet keep the passphrase safe and secure.. unless some one get access to that phase you are bulletproof, nobody can steal from you.
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Board Bitcoin Discussion
Re: If no one spends bitcoin what might happen?
by
cryptobiker
on 30/09/2017, 13:43:36 UTC
If no one spends Bitcoin.. then it will loos its purpose.. if there is no usability slowly people will loos interest in it... then all those who are keeping bitcoins slave in their nodes can show it to their grandchildren and say if only I would have sold half of them.. we would have been living in an east facing moon apartment and Danny could have bought that new model of Tesla flying jet car to visit grand ma on earth...

Save some.. rotate some.. grow let n let the community grow.. invest wisely when selling so that you can acquire some back more in future from profits
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Board Bitcoin Discussion
Re: Why Bitcoin is better than Cash.
by
cryptobiker
on 30/09/2017, 13:03:17 UTC
OK ill try to note down as many plus points as I can think of....
  • I Dont have to keep them in my wallet.. I Hate fat wallets.
  • I Dont need to visit my bank.. its in my Pocket always.
  • Dont need to stand in queue's to deposit/withdraw big amount to across border accounts.
  • I hate paying 3%-7% to transfer funds across borders.
  • No one in the world can identify me from my wallet.
  • No governments No politicians to steal(TAX) my assets.
  • I Dont have to fear about devaluations (I don't need to worry about paying for my country's economical mess-ups).
  • Bitcoins are limited in supply and with just 0.07% population of world making its value from some cents to almost 5k USD... I can only imagine where the Value is going to reach if users keep on adding.
  • I Dont have to worry about demonetisation.
  • with every fork attempt I get doubled up.. like getting a 100 1ups in MARIO.
  • I can move country to country.. without dealing with assets moving hassles.
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Board Bitcoin Discussion
Re: Leave Bitcoin in Exchange?
by
cryptobiker
on 29/09/2017, 13:32:13 UTC
If its a reputable exchange, then probably they are taking care of the security measures like moving your assets to cold wallet etc.. I have been dealing mainly with Polo since feb 2016 and I still have allot storred in  BTC there, never had an issue ever with them, smooth withdrawals with zero problem when transferring to Node wallet.
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Board Off-topic
Should we celebrate Bitcoin day ?
by
cryptobiker
on 29/09/2017, 12:50:48 UTC
Should we not celebrate The legendary Bitcoin's day... it will be Awesomeeee, my uncle Nakamoto will LOVE it!
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Board Trading Discussion
Re: Do you trade altcoin with BTC ?
by
cryptobiker
on 29/09/2017, 12:34:00 UTC
This is the thing, I would only prefer to trade alt with BTC never with tether/fiat.... I don't speak for rest... but for me whole idea to trade on Polo,Bitrx,krkn or any other crypto exchange is to accumulate profits in BTC and luckily I got involved with some good crypto projects where I get compensations in BTC "on insisting of course "

We need to understand one thing... all of us crypto users,traders,developers and enthusiasts don't even add up to be 0.1% of the world pupulation .. so the point is when u make exit from crypto i.e alt to fiat you are selling out for short profits.. really short margins (its ok if you have some kind of emergency)

The pace by which alt coin market cap is increasing is pheonominal and we won't have to keep patience and hold our portfolio for decades to get extreme returns... couple of years and if you stay invested even in half of your portfolio... we my friends would be new world millionaires may be billionaires.. just matter of couple of years.

thats a complete personal take on the  the crypto trade... we are witnessing revolution in financial system and we are already in the front seat with best view
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Topic
Board Trading Discussion
Re: What's your trading style?
by
cryptobiker
on 29/09/2017, 11:05:00 UTC
Ever since segwitt all logics are changed for me. May-June 2017 best trading months there was some pattern in alt coin to bitcoin rise and fall behaviour... Bitcoin would leap and gradually half of the alt's would follow his lead as obedient children on a field trip following the que... and remaining half would join bit later when Bitcoin would halt... and some notorious coins would try to catch up with Bitcoin when its on a fall ..... now its all changed all coins are running in all the directions and its hard to point out which of them is going to be a profitable investment....
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Topic
Board Marketplace (Altcoins)
Re: Coin developer needed
by
cryptobiker
on 28/09/2017, 11:17:08 UTC
Sent an inquiry in PM regarding your posting.. pls. check and revert
Post
Topic
Board Economics
Re: [CHART] Bitcoin Inflation vs. Time
by
cryptobiker
on 28/09/2017, 04:10:58 UTC
Can we call it Inflation.... well its pretty simple isn't it, the approx Earth population now is 7.5 billion and approx BTC users are relatively small no around 5.4 million users world wide (according to Quora)  That is way less than 0.5% of Earth's population 0.0720% to be exact according to figures.

Now where do you think the price will reach if users become even 1% of the whole population; of course nobody can imagine its hard to give even a ball park figure  but everyone is certain that it is going to be insane, considering supply and demand ..... Now how does inflation implies on Bitcoin I don't understand

If you are holding a 100 dollar bill for 10 years just to find out after 10 years that its worth not even a bottle of your favourite beverage ... it has devalued over time ok thats because of inflation effect

If you are holding 1 BTC for 10 years and you find out after 10 years that you can buy a villa (may be a small apartment) and your favourite car (if its not bugatti... if it is veyron keep 50 BTC aside you will be sorted) and spare some change for years and years of supplies... Thats BITCOIN