Lately there's been a lot of talk about regulation. What about ICO's?
What do you see with the ones complying with governments? It seems to be a big play longevity wise.
For ex. Unikrn got their Malta license, making esports fiat wagering legal in most of europe. Does this pave the way for future ico's? Should this be an indicator of a good, trustworthy ico?
No this will then ruin the whole concept of decentralization. I donot see they need one. Like eth its donot have any license still the top ico till today. We need to actually look at the projects an ico is doing and then determine its good or bad.
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BoardBitcoin Discussion
Re: Is Bitcoin Hackable?
by
dashbit
on 04/11/2017, 21:06:50 UTC
No absolutely not you can never hack bitcoin . But yes you wallet can be compromised as there are several malwars out there. Some of them steels your seed some of them steal your private keys. And even some of them have remote access to your computer and spent btc. So yeah clean your computer and you are 100% safe.
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BoardSpeculation
Re: With this amazing increasing Bitcoin will hit big value like 10,000$ soon ?
With this amazing increasing Bitcoin will hit big value like 10,000$ soon ?
Do you think that Bitcoin will continue increasing until the end of the year 2017 ?
Yes and i am expecting this to happen before 16th of November before the hard fork happen. Price will take a steep drop after that and maybe make a correction to 5000usd. But one thing is sure it will eventually recover that in few days and continue to hit 10k mark again. It will be the most thrilling days for swing traders...:d
First of I am a BTC HODLER and I am happy it is breaking it's ATH every other day. But is it really good for future of BTC?
As a currency and day to to day usage BTC price needs to be stable. For regular market to adopt this as a currency the price needs to to stable. Is it not? If BTC fluctuates so much within just few days how can some business adopt this? For example if they fix a price for a product for $400 equivalent to btc then tomorrow the price can be $600 or $200. Will this sudden price rise/ drop not affect the market adoption?
What you guys think about this?
Yes its actually very good fot the btc holders. See until 13th ov nov price will set new records every day. And more importantly this price rise always set the support level to higher grounds. That ensures market fall is difficult from that high.
The question is when to sell of course. Because eventually you do have to sell something to realize any profits. My strategy is outlined below, let me know what you think and feel free to share yours. Mine has not been tested as I'm still fairly new to trading and should not be taken as investment advice. First and foremost, i only invest with money i can afford to lose and only into projects i have throughly researched. What I plan to do is buy and hodl until the price is 2X. Then sell half, essentially giving me back my initial investment, anything I sell afterward is pure profit. I hodl again until the price reaches 10X. Then sell 20%, giving me a 100% return on my investment again. This would be my first actual profit. I hodl again until the price reaches 100X. Then sell 20% again, giving me a 800% return on my investment. I hodl again until the price reaches 1000X. Then sell half my remaining balance, giving me a 1600% return on my investment. At this point I would still retain 16% of my original balance and have recieved a 169X return overall on my investment. Obviously I would have to get in early on a coin/asset and still then wait years potentially to see the returns I want. I'd have my stop loss set at 75% of the orginal price until my first selling at 2X and 50% of the original price there after.
So that's my plan, how's it sound? Obviously I could hodl for the 1000X the entire time, but I feel this is a nice way to lock in some profit early while still holding for the long haul.
Is this strategy or dream.Yeah i know this seniario is very much possible with bitcoin if you have started on 2009-1012 era. But right now lots of coins are just pum and dum coins and other than bitcoin almost no other coin have shown that much of stability. My strategy is daily basis i keep 1% growth everyday. and that's my profit.
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BoardBitcoin Discussion
Re: What do you like best about bitcoin?
by
dashbit
on 30/10/2017, 17:18:18 UTC
I love all things about bitcoin , Including the fact that the price is exploding everyday. also i love that its too much technical that not everyone can handel it. It makes me cool that i can..
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BoardProject Development
Re: ❄️❄️❄️❄️❄️ Shall I join your project? ❄️❄️❄️❄️❄️
by
dashbit
on 27/10/2017, 22:04:39 UTC
I want to make a crypto currency exchange. 1.Whay budget i should keep in mind. 2.what kind of promotions i should do. 3.why kind of security i should ensure to have users coins safe?
Please let me know if you can join in my team / interested in this project .
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BoardBitcoin Discussion
Re: do you know people that afraid from bitcoin and virtual currencies? share it
There's really no reason to be afraid of Bitcoin or digital currencies. Nothing is inherently scary about them. The fear comes from losing money, because you have to spend some to get in the game. It's a risk, and not everyone likes risks.
Yes actully every investment is a risk. When we invest on something we need to have faith on it. You cannot be scared after you invest ,actually the problem of salaried people is they just know that if they work only then thir money will grow. What they miss is they donot understand that.Money can make money itself and some time its huge..:d
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BoardAltcoin Discussion
ERC20 token is miniable?
by
dashbit
on 24/10/2017, 20:07:55 UTC
There is a fud going on about ethconnect. And there are destributing ERC20 eth tokens ,they also claiming that they will allow mining. MY question is can we mine ERC20 token ?or this is another way to scam people.?
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BoardDevelopment & Technical Discussion
Re: Is it totally safe and ok to show my deposit bitcoin address to the public?
I have seen many people on many websites posting their BTC/ETH addresses publicly for donations. Is it absolutely ok and safe to show them? I think so but just wanted to get some opinions from experienced people.
Thanks
yes its perfectly afe to display your address. But the thing here is unless and untill you donot hold a lot of wealth on that particular address. Cause you know hackers you will become a target then. See this BTC/ETH address are basically free ,so lots of people people use multiple address for multiple purpose. I hope now you understand what you have to do. Never reveal your main wallet..
I am looking for translators, it must be your native language or you must be fluent in it.
Languages I am looking for. Post here or PM me with your previous works. Payment will be made once the owners approve your translation.
We are paying $30 per translation(Payments are in Bitcoins). You have to translate 245 words. Japanese Done by (HongKong) APPROVED Romanian Done by (Tszunami98) APPROVED Arabic India (Hindi) Done by (CoolWave) APPROVED Español (Spanish) Done by (Csmiami) APPROVED Philippines Done by (jaceefrost) APPROVED Italian Türkçe (Turkish) Chinese Russian Done by (busminer)
Regards
Hi i know it might be not appropiate but as i can see you need hindi translation do you also need bengali translation? I can do that as i am a bengali my self.Let me know if you need that also.Just a suggestion as most of the technical people from India belongs to West bengal.
No, bitcoin is not subjected to tax. The government will not be able to get any tax from bitcoin not unless they will be legalizing it which I don't think will be favorable to us users because that will be meaning that there will be other fees aside from the transaction fees that we already are paying.
but even goverment make bitcoin leagal how they can make it taxable??we donot need a i card to have a bitcoin wallet and we can buy bitcoin by cash and also with physical things from may dealers ,its not just we have to do it with banks,there are several other options.So i donot think bitcoin is a taxable entity government cannot control it even if it legalize it...correct me if i am wrong