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Showing 20 of 24 results by debopam.chanda
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Topic
Board Speculation
Re: Bitcoin will rise from now until the end of the year?
by
debopam.chanda
on 27/06/2018, 17:03:50 UTC
I think it won't rise much this year. But eventually, just like stocks, it will soar to $20000 or more within the next 5 years.
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Topic
Board Bitcoin Discussion
Re: Who is Satoshi Nakamoto?
by
debopam.chanda
on 26/06/2018, 17:07:08 UTC
Founder of Bitcoin
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Topic
Board Bitcoin Discussion
Re: South Korea Opens Doors for Cryptocurrency
by
debopam.chanda
on 24/06/2018, 00:50:03 UTC
Slowly every country will open the doors for crypto currency.
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Topic
Board Altcoin Discussion
Re: What should I buy for $ 10,000?
by
debopam.chanda
on 22/06/2018, 09:31:26 UTC
It's quite old question now, but I'm sure whatever investment you've made then will be in loss currently or on the positive side, you'll be at zero profit zero loss. But those who want to invest at current market, should go for buying platform and privacy related coins. My top pick is POLY and PRiVCY (this is new coin and it's not doing any ICO, more than 50% of coins will be airdropped). Do check them out.
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Topic
Board Bitcoin Discussion
Re: Do you think that other coins move faster?
by
debopam.chanda
on 22/06/2018, 09:26:50 UTC
When I bought Ripple, it moved faster... Both up and down.  Grin
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Topic
Board Bitcoin Discussion
Re: 60% of world population cannot access computer so Bitcoins will fail.
by
debopam.chanda
on 22/06/2018, 08:03:10 UTC
Well going by this logic, more than 50% still don't have a bank account, still currencies are there and succeeded. It's just that bitcoin is very new and little tough for normal people to understand. But eventually it will replace or better to say will run in parallel with traditional fiat as we know it. Let the bitcoin grow a bit and then only we can see how far it is going and how long it will take to replace the fiat entirely.
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Topic
Board Speculation
Re: Bitcoin Market Manipulation
by
debopam.chanda
on 22/06/2018, 07:51:02 UTC
I think to a certain extent Bitcoin is manipulated, but what else do you expect with this low volume? May be One day, we will have surely bigger volume and will not be so easy to be manipulated like now, but until that we can just see the whales. Don't forget that also many big institution enter/will enter this market, also Nasdaq will launch their exchanger next month, so more volume is coming.
Mt.Gox fact it is bad, and they don't care about the market price, they just want some money back selling this large quantity of btc left.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin a Ponzi scheme?
by
debopam.chanda
on 22/06/2018, 07:17:05 UTC
No, its not a Ponzi scheme. I have personally invested in Bitcoins and other cryptocurrencies and its perfectly fair. However, there is risk in trading with Bitcoins and should be dealt with caution.
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Topic
Board Bitcoin Discussion
Re: Steve Wozniak claims Bitcoin ‘The Only Digital Gold’.
by
debopam.chanda
on 22/06/2018, 06:22:39 UTC
I couldn't agree more. I think just like many who said Bitcoin as gold 3.0.  Bitcoin is like a gold that every year the value is rising up. The difference between bitcoin than gold is bitcoin is more profitable because of  its very limited supply with a very high demand. Also bitcoin is very volatile, this means huge profit for traders.
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Topic
Board Speculation
Re: The bitcoin bubble is broken or not
by
debopam.chanda
on 22/06/2018, 05:19:57 UTC
Every year Bitcoin is making new high. So I think it will rise again. However, we should be cautious and over invest in it.
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Topic
Board Bitcoin Discussion
Re: Why do we need to regulate digital money
by
debopam.chanda
on 22/06/2018, 05:10:38 UTC
Going forward, Regulating the digital currency to its core would not be the best option. What i meant here is that regulating how its formed, in what order, and location specific and the pricing. Not everything needs to be controlled and checked. What certainly can be tweeked in tge existantial system is thw way to track a transaction, may be only if needes though.

How transactions are irrevocable sometimes turn out to be an issue. And it identity which is kept secret is a good thing in security terms but when need arises, as it may in case of crime, extortiom and laundering cases, it is what stops the investigation to proceed. So some tweeking here and there needs to be done. Only if developers could do it remotely in the existing and should not create some new crypto every day.
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Topic
Board Bitcoin Discussion
Re: What's the impact to Crypto Market if we meet global crisis again?
by
debopam.chanda
on 22/06/2018, 04:58:01 UTC
I think it would have a negative impact on crypto market being a highly sensitive market and fluctuating highly even for a small negative news. And with such a big financial crisis,i think that crypto market would crash. It also depends on the timing of crisis, say if it comes in next 3-4 years, it will hugely have negative impact. and once again people would run towards gold if an economic crisis happens.
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Topic
Board Bitcoin Discussion
Re: Which is more risky? Bitcoin or bank investment?
by
debopam.chanda
on 22/06/2018, 04:32:50 UTC
Right now, its Bitcoin which is risky but if bought in small quantity, it might be beneficial in the long run. Keep invested.  Smiley
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Topic
Board Bitcoin Discussion
Re: Crypto currency in five years!
by
debopam.chanda
on 21/06/2018, 13:18:23 UTC
I think, If you have 1 bitcoin in your wallet after five years,you will become millionaire. Bitcoin has potentiol and growing in rapid manner.Do you the price of bitcoin in Jan 2017 is just 1000$ and Jan 2018 is around 10,000$.Just imagine the growth of bitcoin,I had suprised by seeing the growth of bitcoin. I think Even some of Crypto currency have good potential as like bitcoin, one is Ethereum, than litecoin and Waves.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Ban In India
by
debopam.chanda
on 21/06/2018, 13:09:31 UTC
Any one From India?

Is it true that Cryptos will be banned in India??

Do we have to Pay taxes to Indian Govt. For keeping Cryptos

No it's not banned in India, though there is no clear stand on this by Indian government. As far as I know you can still trade on indian exchanges and deposit/withdraw funds through those exchanges. Zebpay, Koinex, BitBnS are some of the good exchanges. Yes there's some restrictions applied to them by banks and there is court case filed by crypto space people against the reserve bank of India. But it will take some time till this situation got clear in India.
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Topic
Board Bitcoin Discussion
Re: Bitcoin become an asset
by
debopam.chanda
on 21/06/2018, 12:23:46 UTC
Nobody knows for sure how bitcoin is going to be used in the near future. Everyone has there own perspective of understanding it. Same happens with countries and there representatives. Some countries are quite vocal to support cryptocurrency like bitcoin while others are adamant to do so. I think bitcoin still has long way to go and prove itself that it can be used as a currency. I think if in next 5 years bitcoin can capture 2-3% of world's currency transaction, it will be huge for all of the crypto space. Relying heavily on bitcoin to do that. Let's see how it pans out.
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Topic
Board Exchanges
Re: ERC20 Exchange (DEX)
by
debopam.chanda
on 21/06/2018, 12:14:59 UTC
Another decentralized exchange, nice project. Let's hope it get success in future like Waves DEX got the place on decentralized exchanges top list. I have to try the website and see how it turns out.
I am very much interested to be a part of exchange site's support team executive, if you're looking for the people to work. If you have a opening to work with your team in remote access, please let me know.
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Topic
Board Speculation (Altcoins)
Re: how to manage losses?
by
debopam.chanda
on 21/06/2018, 11:55:18 UTC
Always make a strategy and follow your strategy. I am a trader as well as HODLer. 75% of my investment is for HODLing the coins and projects I like and rest 25% I do trading. Never invest all the money in just one coin, spread your portfolio to 5-6 coins, with majority of stakes in Big boys like BTC and ETH. 10% of investment you can put in the coins which you think are going to be huge, like POLY, PRiVCY, PPI, etc.
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Topic
Board Archival
Re: Why to Invest in ICO?
by
debopam.chanda
on 21/06/2018, 11:43:45 UTC
Investing in ICOs is the most profitable in cryptocurrency as of now. Because you can buy more valuable tokens at lower price. As token come to the exchange the value will be increased. As You mentioned that investing in ICO is risky. Yes it is risky that is why you are getting so much profit because of investing on them. High risk means high profit. In these days there are so many scam ICOs in the market. You have to be careful and do more research before invest on them
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Topic
Board Speculation
Re: Has Bitcoin reached its goal?
by
debopam.chanda
on 09/06/2018, 10:21:24 UTC
How do you know that the price of Bitcoin is going to reach $250,000 by 2022 ?  Wink
When Bitcoin reached $20,000 many people predicted that it's going to reach $100,000 by the end of 2018.