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Showing 20 of 40 results by csdga
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Board Bitcoin Discussion
Re: Bitcoin and Stock market
by
csdga
on 12/07/2018, 07:11:59 UTC
There is no conflict between stocks and bitcoin or cryptocurrency. The two are similar but different. The cryptocurrency market does not need to replace the stock market. It is just two different investment methods, and the risks and returns are different.
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Board Bitcoin Discussion
Re: Is Bitcoin a Ponzi scheme?
by
csdga
on 11/07/2018, 08:25:30 UTC
Those who say Bitcoin is a Ponzi scheme, they don’t know Bitcoin, and they don’t know about Ponzi schemes....
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Board Bitcoin Discussion
Re: Do we Need Central Banks?
by
csdga
on 05/07/2018, 09:02:33 UTC
The central bank can regulate the economy to some extent. If the market is perfect and does not require banks to regulate, it is a good thing, but in fact, it is still needed. ,
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Board Bitcoin Discussion
Re: Bitcoin is NOT DEAD
by
csdga
on 09/03/2018, 04:53:50 UTC
Bitcoin is a bubble that will inflate and deflate for a very long time. He will not die many more years. This is the future of money.

Since 2011, Bitcoin’s death has continued to linger, and Bitcoin has been declared dead more than a hundred times. Today, Bitcoin is still alive, but even so, a large number of media and scholars call Bitcoin a "Ponzi scheme" and a huge "bubble." Because the real bubble is shattered, its value is zero. Bitcoin does not. This shows that bitcoin assets have real value in the market.
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Board Bitcoin Discussion
Re: Some of my friends still think Bitcoin is scam and Ponzi
by
csdga
on 07/03/2018, 01:53:08 UTC
A lot of people I know also think bitcoin and cryptocurrency are scam and ponzi but I just let them. I don't really care, I don't let them even know I'm into it. Just keeping myself, I'm earning good money and I can see how cryptocurrency changing the first world and I want to be part of this development and progress

Just as you can not wake up a sleeping person, there is no way you can change some misunderstandings about bitcoin. Since they think bitcoin is a Ponzi scheme, you do not have to be bothered either, as you naturally believe when you have accumulated some assets through bitcoin.
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Board Bitcoin Discussion
Re: Bitcoin as payment system
by
csdga
on 06/03/2018, 04:31:14 UTC
it's already done, many giant companies in china that make payment transactions using bitcon.
"only on a large scale", because transaction costs are high enough, bitcoins are not suitable for use as small payouts. for example to buy food, to salon and many more..

As far as I know, if a user uses Bitcoin as a payment method, then Germany will not tax it. This means that bitcoin is considered a legal payment method in Germany and enjoys the same status as a legal currency.
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Board Bitcoin Discussion
Re: Has the Bitcoin Price Bottomed?
by
csdga
on 06/03/2018, 03:27:04 UTC
Is $9350 the bottom and the start of the next wave up?  It was a strong retracement level, if it break we could be looking at $8800 as the next one.
I am hopeful of it holding, just wondering what others were thinking?
I'm pretty sure we will see a $6k or close to $7k price level one more time before it goes steady up to $16k
but you can "somewhat" take the advantage (and risk) of current downtrend price
by doing tweaked DCA, buying at $9k (10%), at $8k (20%), at $7k (30%), and $6k (40%) if you believe $6k will be the bottom level
the % is the % of total fund you are willing to put into bitcoin  Tongue  do it at your own risk and discretion

Look l would be just as happy to see it hit that 6000 again and double bottom off it. Only time will tell, so much FUD out there it is hard to know what to believe, but l am with you on the DCA.

The bitcoin market has always been an indefinable area, its prices are always the same ups and downs and the roller coaster, bitcoin prices plunged early in February all the way now actually approaching the highest point in history. So it is obvious that bitcoin is bottoming out.
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Board Bitcoin Discussion
Re: stop listen to false news
by
csdga
on 05/03/2018, 02:40:15 UTC
This fake news propogate by some people who want to crush Bitcoin just to buy it in smaller price.

Yes fake news is all over the world sometimes true news are mistaken with fake news. my opinion is just be vigilant on issues especially when it involves in money. search forum that are authentic and can be trusted. there are still people who tell the truth.

The root of all evil is something called clickthrough rate, which can also be called retail volume, listening rate and audience rating in different media. Therefore, after we accept the bitcoin news, we should know how to filter and distinguish, and we can not agree with others.
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Board Bitcoin Discussion
Re: Be AWARE. Mobile payment is coming our way.
by
csdga
on 05/03/2018, 01:28:17 UTC
As a matter of fact, people use a mobile to browse on the internet far much frequent than they use the PC.
The Mobile market is one with much potential!

I think that mobile payment is gradually becoming the new direction of the development of electronic payment, and the domestic mobile payment industry has also shown a strong growth trend. I believe in the future mobile payment product maturity and experience will be further enhanced, when the bitcoin development to a certain extent, I believe it will also become an important way for financial convenience, benefit the people, inclusiveness.
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Board Bitcoin Discussion
Re: I am new to Bitcoin, how can I get started?
by
csdga
on 04/03/2018, 04:23:27 UTC
Hey, as you know already from the title, I'm new to Bitcoin, I would like you to help me by telling, where to buy, when to buy, where to sell, when to sell, things like that.
Important: I'm 17 years old, some methods may not work if I don't have 18, and that's what I have noticed.
I hope you can help me get started.  Wink

Edit: Thank you guys, your information is helping a lot, I already have a wallet, feel free to help me Smiley 1KnWzEdJgAmE3rB3Xax8sDfydnikguxrhh


It is good for you to start at an early age to save better and to earn more. However, there are things that you need to learn before you start trading or investing. There are also useful tools for you to use to gain more knowledge about it. Try to read and watch videos or articles that would be useful to gain wisdom about bitcoin.

Speculation like other roasted seeds and nuts, can not guarantee to make money, bad luck, loss will be a mess, bitcoin may be more risky, because Bitcoin is not the same with the stock market, without any protective measures, complete market behavior , Can buy at any time can also be sold, if you like stimulation, may wish to try.
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Board Speculation
Re: Is Bitcoin a Bubble?
by
csdga
on 03/03/2018, 04:32:21 UTC
In my opinion, bitcoin isn't a bubble because last year experts said bitcoin will just pop and will be gone at the end of 2017 but as of today bitcoin is still alive. Why? Because bitcoin is the future, it is where we are going to be. I dont think it will pop and just gone because as long as the community uses it, it will stay alive. As time passes by, there is increasing amount of people who use bitcoin as form of transaction. There are still country who recognize bitcoin as their transaction but it not yet that wide on the country like here in the Philippines. Bitcoin is like a email, as long as the people use it it wont die.

If bitcoin is a currency, then its current function as a means of payment is apparently a failure, and it is hard to imagine using it as a way of payment in everyday life, given the huge fluctuations in exchange rates. We see again that those who do not really understand bitcoin listen to stories and earn huge amounts of wealth by buying bitcoin early on.
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Board Bitcoin Discussion
Re: Hold out or sell Bitcoin?
by
csdga
on 03/03/2018, 01:21:29 UTC
If you are not in a hurry, you can hold your BTC for a long time, but it's different if you really need funds. Because BTC prices still have a lot of potential to keep going up. if viewed from the current bitcoin price that is growing, it would be better if you hold your BTC balance, and sell it again when your BTC sale price is higher than your BTC purchase price at that time. Do not let you sell your BTC at a price below your purchase price back then.

Bitcoin futures is a good short and leverage tool, but the threshold is still quite high. If existing holders of bitcoin sell some or all of their holdings of bitcoin, this will result in an increase in short-term supply but have no effect on long-term final supply.
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Board Bitcoin Discussion
Re: government arrangement of taxes on bitcoin, would it be considered positive?
by
csdga
on 02/03/2018, 03:47:03 UTC
I dont see any postive about taxation in bitcoin, it wiill just harm the community of crypto traders here since they will need to pay for the transaction fees and another for tax, not good right?

Also, only the government will have the profit here which is not really an advantage since we cant trust the goverment because it is full of corruptions.

I do not think taxation will benefit the bitcoin community, which is a sign that Bitcoin is gaining access to the mainstream and also a sign that bitcoin is going mainstream. Bitcoin will bring many positive changes to the world. And given the nature of the virtual currency and its anonymity, it would be immediately an issue to think whether the taxation of Bitcoin transactions is viable.
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Board Bitcoin Discussion
Re: Do you like bitcoin, what's your reason?
by
csdga
on 02/03/2018, 01:57:57 UTC
I like bitcoin, because it gives me extra income, which gives me hope for life.

I like bitcoin. Not only is it a new industry, it can learn something, but also because it helps me accumulate assets and move into another circle.
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Board Bitcoin Discussion
Topic OP
What will destroy the bitcoin?
by
csdga
on 28/02/2018, 04:07:09 UTC
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.
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Board Bitcoin Discussion
Re: Bitcoin affects students' performance in school
by
csdga
on 28/02/2018, 02:27:05 UTC
If a student who dives in the world of crypto obviously will disrupt the work of students in the school, so it would be nice that students have not been able to plunge in the world of crypto. Given the students can not manage the time and later work in school unfolded.

I think this can not be generalized. Bitcoin is a means of investment, the performance of students still have to rely on the school to guide, can not throw the phenomenon of student corruption bitcoin back.
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Board Off-topic
Re: What is your favorite books ?
by
csdga
on 06/02/2018, 13:27:46 UTC
I like read the novels, so the " A Dream in Red Mansions " is my favorite book.
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Board Off-topic
Re: Suggest me a movie
by
csdga
on 06/02/2018, 13:15:17 UTC
You can go to see Moonlight, which is a great movie.
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Board Bitcoin Discussion
Re: How to treat China will ban Bitcoin trading platform?
by
csdga
on 01/02/2018, 09:37:39 UTC
I don't think the impact of China's ban is huge.
You can see that there are still a lot of Chinese investors entering the cryptocurrency market, and they can buy the encrypted currency through the legal tender through OKEX and huobipro, so I don't think it has much impact.

With China's accession to the SDR, the RMB internationalization strategy of China started to move forward with all efforts. The nature of RMB internationalization is a regional-centric monetary strategy. The de-centralization of Bitcoin is exactly the opposite of China's RMB internationalization strategy. The clash of such strong currency attributes has forced the People's Bank of China to "torture" bitcoin after weigating it again and again.
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Board Off-topic
Re: activity that takes all your time ?
by
csdga
on 28/01/2018, 08:51:53 UTC
For me, playing games is an activity which can takes my time. Embarrassed