Search content
Sort by

Showing 20 of 74 results by dirham99
Post
Topic
Board Bitcoin Discussion
Re: Crypto currency in five years!
by
dirham99
on 22/07/2018, 12:02:45 UTC
Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.

I think crypto currency will more stable in five years. It will be the best payment method.Lets see.
Post
Topic
Board Altcoin Discussion
Re: Why people don’t believe in crypto?
by
dirham99
on 14/07/2018, 04:28:36 UTC
Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?

I think why the people dont believe in  crypto because they dont know knowledge about crypto currency.
Post
Topic
Board Altcoin Discussion
Re: Do you still believe in the bright future of Crypto?
by
dirham99
on 05/07/2018, 16:02:21 UTC
I knew about crypto at the end of 2017, after a short time increase and make people crazy to invest, everything is down now. I'm not a trader, i'm just a holder, but i'm still afraid of the sign of market recently. Will everything be changed in next year? or several years later? Can i still invest in crypto?

Of course, Bitcoin will have a great future. I believe it.
Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin a threat to USD and Pound Sterling?
by
dirham99
on 18/06/2018, 10:50:28 UTC
Hello guys,

Do you think bitcoin will be a threat to USD and Pound Sterling in the nearest future?

if yes, give an estimated time this can happen.

In my opinion, Bitcoin is not a threat to both. Because basically everyone who holds Bitcoin will still exchange their Bitcoin with local currency, in order to be used to transact traditionally. We know that Bitcoin can only be used online, while dollar and poundstrelling can be used online and offline for wider transactions. So, Bitcoin is not a threat. These are two different technologies.
Post
Topic
Board Altcoin Discussion
Re: I do not believe ico anymore
by
dirham99
on 18/06/2018, 10:38:55 UTC
i invested in 3 ico but they all make me uprooted.
1. ATFS
2. BEZOP
3. LEDU
and i think this ico causes bitcoin and etherium prices to drop.never trust again to ico.


I think things like this spoil the ico future too much ico scam and make some people disappointed, the scammers just think for a moment and do not think of the future if everyone loses confidence in ico it's the result of a scammer. I also do not dare to invest in ico and prefer to invest in bitcoin or ethereum and the risk is just a price reduction.
That's what I've done to avoid the risk of fraud.
Post
Topic
Board Economics
Re: What happnes to BTC,if the oil price goes up?
by
dirham99
on 18/06/2018, 10:27:15 UTC
The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?


In my opinion, I do not see any connection to Bitcoin in this case, and if the price of both responds equally in some respects before, that possibility is a coincidence. I think, bitcoin prices are currently declining due to market correction. I believe It will increase again.
Post
Topic
Board Economics
Re: What will happen to bitcoin?
by
dirham99
on 13/06/2018, 13:34:23 UTC
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.

In my opinion, it is true that these months value price bitcoin always down, and I think for investors it was pretty quiet, and I am sure price bitcoin will rise again and just waiting for the time. We will see soon. Bitcoin will more stable.
Post
Topic
Board Economics
Re: Reason we pay taxes and why we should
by
dirham99
on 12/06/2018, 13:46:11 UTC
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.

In crypto currency, most people do not pay taxes and even many governments do not have proper taxes on their taxes. the use of which is why the government is trying to ban the use because if it continues for a while it will cause an economic disaster in the country.
but as the color of a good country, I think we have to pay taxes because it's income for the country.
Post
Topic
Board Economics
Re: Blockchain will help Economy.
by
dirham99
on 11/06/2018, 13:30:54 UTC
Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.

I agree that because the economic crypto technology will change slightly but I want to notice that it will change the scope of our finances in business and invest.
What a macro economy baout that I am sure that crypto technology will simply change it.
and we will see the crypto will dominate in the future.
Post
Topic
Board Economics
Re: Factors that affects the value of bitcoin...
by
dirham99
on 11/06/2018, 07:30:55 UTC
Hey guys,  i need some suggestions and opinions about this.

I think something that really affects bitcoin is the demand and government policy about bitcoin itself, because in every country the policy is different.
and that affect the value of the next bitcoin is a medium that gives a vague word of truth that makes bitcoin holders and investors panicked. those things are influential
Post
Topic
Board Development & Technical Discussion
Re: Why is Bitcoin the predominant one among forks?
by
dirham99
on 11/06/2018, 07:19:57 UTC
Why is Bitcoin the predominant one among different forks, such as Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X?
Is it because Bitcoin is the most original one? Does it have to do with its price? Or does it have to do with its broad, generic name? Or because it's more widely adopted by many companies? In other words, is there some sort of complicated blockchain technology that will always make the Bitcoin most predominant one among different forks regardless of any circumstances? Is it theoretically possible for forks like Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X to be more predominant than Bitcoin in the future? I don't know much about blockchain technology and I wonder if it's ever related to the fact that Bitcoin's the most predominant one.

By seeing the condition, I think the reason is so simple, BTC is the best known and most popular coin in the crypto world - so if someone wants to make a logical clone / fork to copy BTC and use the name "Bitcoin" to promote new coins. . that's my opinion. Such promotions mostly bring in new users who are unaware of the difference between real coins and forks, but for them behind the project it is not important at all - profit is the only thing that matters
Post
Topic
Board Altcoin Discussion
Re: Winner of this year, ETH or BTC?
by
dirham99
on 06/06/2018, 14:34:43 UTC
Hello everyone!

Recently, I was thinkig. Is there really any reason for the BTC to be the market leader? The only thing that is giving the value to BTC is pretty much the fact, that it was the first crypto currency. It is the grandfather of all cryptos. But we know it has its flaws... It was never designed for broad usage, it has scaling issues and so on.

On the other hand, we were given ETH. The Crypto Kitties or w/e the awesome internet meme ETH appliction is called showed us, that ETH network has issues with high amounts of usage. BUT, 90% of all altcoins are based on the ERC-20 standard, brought to us by ETH. The smart contracts using the Solidity are extremly good piece of technolgy.

So my question is. Do you think, that BTC will keep its leadership, or will ETH be the winner of this year and surpass its ancestor?


I think the bitcoin is still the best of crypto currency. Bitcoin is so popular and more valuable.
Post
Topic
Board Bitcoin Discussion
Re: Do you think that other coins move faster?
by
dirham99
on 06/06/2018, 14:15:47 UTC
Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?

In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?


No, I still believe the best coin in crypto is bitcoin. Bitcoin is the king of crypto.
Post
Topic
Board Speculation (Altcoins)
Re: Is etherium good for long term
by
dirham99
on 05/06/2018, 14:46:32 UTC
Can i trust on etherium project
I want to hold it for long term 5-10 years
Can i use hardware wallet (ledger or trezor)?



Yes, Ethereum is good for long term, You can invest in ethereum. You will get alot benefit from it.
Post
Topic
Board Economics
Re: The HODL strategy is not actual
by
dirham99
on 05/06/2018, 14:30:09 UTC
This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.
Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

I personally prefer to hold, Because I am not profesional and dont have alot of time to do day trading, If you can do day trading, You prefer do it.
Post
Topic
Board Economics
Re: I almost lost my rock solid regular job because of crypto
by
dirham99
on 04/06/2018, 11:20:21 UTC
Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).

Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!


You should have a permanent job to fulfil your needs. Crypto is a side job.
Post
Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
dirham99
on 30/05/2018, 07:12:21 UTC
Bitcoin prices plunged from $4900 to $3300 withing pan of few days. Now some news-points from bitcoin world are claiming this price plunge was planned. Check following links:

https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

Now without going into whether above claims are true or not, my concern is "Isn't this is the right time to enter the bitcoin market or purchase few more". There is definite signs of improvement in the bitcoin price market. Current price is around $3757. It is quite possible to see bitcoin back to 4k to 5k or more. Given biggest players from finance sector are eying this lucrative market.
What do you think, is this is right time to buy some more bitcoins or wait and watch?


Yes, I think It is the best time to buy bitcoin. I believe the market will rise soon.
Post
Topic
Board Speculation
Re: Perfect Time to Buy!
by
dirham99
on 29/05/2018, 02:06:08 UTC
With all the good news coming out in favor of bitcoin like Expedia accepting bitcoin etc it's time to buy with the price going down. You will not be so lucky next week. I strongly believe it's going to reach $700 by end of next week!

Of course, It is perfect time to buy, when the price low. By seeing the conditions, I think the market will rise soon.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin have more risks than benefits?
by
dirham99
on 29/05/2018, 01:58:10 UTC
Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?



I mu opinion, every investing is risky, So I Think It is normal. If you want get alot profits, you have risk too.
Post
Topic
Board Bitcoin Discussion
Re: Why people are still buying Bitcoin?
by
dirham99
on 28/05/2018, 12:52:05 UTC
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

So am I, I am still buying bitcoin when the price is low, because I believe The  market will rise. I believe it.