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Showing 20 of 76 results by dragonbhai
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Topic
Board Altcoin Discussion
Re: what to do if bitcoin decreases?
by
dragonbhai
on 03/01/2018, 18:31:52 UTC
If bitcoin's price decreases I will buy more while it's low then wait for the time that it will increase again to sell and at the same time I am going to invest to altcoins.
It is just normal if sometime the price of bitcoin drops because it is the economics. Not all the time it is in its peak, but if in case that happens I think what we should do is just hold it first. Take a look at its performance for the coming weeks. In case the price continue to drop then dig deeper. Check some factors why the price drops and if you found out the problem check then if it is just a minor problem or a big one. From then you can decide if you'll gonna sell it. I think it is better to hold it and have trust in bitcoin.
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Topic
Board Altcoin Discussion
Re: Will ICO die in 2018?
by
dragonbhai
on 01/01/2018, 16:09:19 UTC
No way. I believe that ICOs will play a big role in 2018 especially ones that are actually successful.
I do not think that ICO will disappear so quickly and disappear at all. Certainly there will be changes in the legal part and form of presentation, sale. And this is necessary to protect investors from scam. There is really a lot of scams. However, the idea itself is very good. It opens up great opportunities for both the founders of start-ups and investors. Almost any person can participate and make money on this, legally naturally.
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Board Bitcoin Discussion
Re: Is Bitcoin money?
by
dragonbhai
on 27/12/2017, 16:33:04 UTC
I think sometime its work like money and sometimes not bcz money used by every people every palace in the earth but bitcoin not.

But one day it will be act like money ...
Bitcoin is money, it was created with that explicit purpose, and it became an investment because now currency pairs are traded in the markets like any stock, just look at forex so it is not surprise bitcoin became an investment, but bitcoin it is not a ponzi scheme since it does not follow the principles that a ponzi scheme follows.
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Board Bitcoin Discussion
Re: Bitcoin as payment system
by
dragonbhai
on 26/12/2017, 19:34:24 UTC
No doubt that it created the bases for today cryptocurrencies, and it is one of the most secure networks. But I think it is not made for everyday transactions
if bitcoin become a payment system its good to know because There are so many benefits accepting Bitcoin as payment if you are a merchant. First is that the processing fees are paid by the sender, and the merchant pays nothing to receive funds. These fees are considerably lower than traditional payment networks.
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Board Trading Discussion
Re: Do people actually buy coins with real life money?
by
dragonbhai
on 16/12/2017, 16:05:28 UTC
i think all of investors who want to invest in bitcoin is used real money to buy it through exchange site
If you think FIAT money is real life money then you are in for a big surprise. Paper money is literally worthless and the USD has devalued 97% since it came out in the 1920s. It is also now not even backed by anything and the Federal Reserve, a private organization, has the power to print money at will and loan it out to the banks at 0% interest. Only the too big to fail banks of course.
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Topic
Board Altcoin Discussion
Re: Is Electroneum a SCAM???
by
dragonbhai
on 16/12/2017, 15:19:39 UTC
I wonder if these poeple who thought it was scam from the very begignning changed their minds.
I don't think so Electroneum is scam. It's normal that many people will many comments negative and positive.  I have seen myself about it. But I bought myself some coin. I believe it's not scam. It's really good to see that they are fill full their terget before ICO campaign. It will be clear after 1st November.
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Topic
Board Altcoin Discussion
Re: Is it safe to participate in ICO's?
by
dragonbhai
on 16/12/2017, 15:11:20 UTC
be careful. because so many scams are also there. so be vigilant. if its scam, them where we will complain.
Nowadays there are many ICO's developing in the crypto world.But it is our responsibilty to understand the project and make decision to invest in it or not.As there are no regulations on ICO's it is our own duty to check them for ourselves.It is easy check whether an ICO is good or bad.Just check their whitepaper, team and activity.
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Board Altcoin Discussion
Re: Any new airdrop coins?
by
dragonbhai
on 16/12/2017, 15:01:44 UTC
I heard about IOTA gold today
Just be careful if you need to download stuff. Always double check everything, you never know what is hidden inside the download files.
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Board Altcoin Discussion
Re: Waves Vs. Ethereum
by
dragonbhai
on 16/12/2017, 14:55:43 UTC
Both are profitable to invest in. Although waves will grow expotentially faster than eth, because its really early in its conception still.
More on the side of ethereum because I think he is a valuable coin. Because smart contract owned ethereum and The security is pretty good. But waves I don't think is bad. They just need a little innovation to be considered one of the valuable coins to mine
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Topic
Board Speculation
Re: I BUY GOLD OR BITCOIN?
by
dragonbhai
on 15/12/2017, 14:33:32 UTC
From the rankings you have now, I'm sure you have enough knowledge about bitcoin. And my suggestion is to buy bitcoin, gold is stable but gold is outdated.
I don't like to buy pure gold as in gold, because of their high value, but if jewelry gold I want to take a buy because after its been a long time the price of this is became high value,and if bitcoin I buy I want to buy to perfect time  because I want to buy if bitcoin is low value when it comes the time bitcoin get a high value , I use it.
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Board Bitcoin Discussion
Re: What is BTC for you?
by
dragonbhai
on 15/12/2017, 14:17:04 UTC
To me, BTC is just one of my MONEYs and my love
Well, first time i earning bitcoin just for buy some Steam Wallet. But now Bitcoin its just Alternative money for me in the future. Because maybe i need it in the future for my family so i keep earning and save it.
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Board Trading Discussion
Re: How I can make money with cryptocurrencies?
by
dragonbhai
on 15/12/2017, 13:53:44 UTC
There are many ways to earn a profit from crypto but the best way is to only trade the long-standing coin such as ETH, LTC, BTC, NEO, VIEW
Look at cryptocurrencies like the stock market. It can go up, it can go down, it can stay stable for however long. How do you take advantage and or make money off of this? It's either you trade regularly (buying low, selling high, ofcourse) or invest in it, hoping that it would go up in the future.
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Board Altcoin Discussion
Re: How to get fast rich in crypto world?
by
dragonbhai
on 15/12/2017, 13:49:07 UTC
there is no real strategy to become rich fast. Therefore you need luck. lots of luck. So read in, buy a few promising coins, take a few free coins with you and hold 2-3 years. than, maybe, buy new ones...
Do not try to get rich fast in crypto world, you can also high likely to get poor fast. Instead try to build a solid portfolio and think ahead, this is the only true way to get rich but it requires a solid brain which most ones in crypto don't have.
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Board Bitcoin Discussion
Re: How long bitcoin will survive ?
by
dragonbhai
on 15/12/2017, 13:42:44 UTC
technology will remain unconditionally for a long time and will be used to improve various spheres of life...but bitcoin itself can't survive unless it improves and develops

Bitcoin will technically survive forever. It is kept running by nodes all over the world. It cannot just go down at some point unless there is a catastrophic world event like an asteroid or something of that nature. It would require something like that because otherwise there are always going to be people with nodes running somewhere in the world, thus keeping the Bitcoin network alive.
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Topic
Board Bitcoin Discussion
Re: can bitcoin wallet be hacked by hackers?
by
dragonbhai
on 15/12/2017, 13:28:16 UTC
Yes,  because  it has no private key when we use wallet like coins.ph. There are many hackers in this cruel world so please take care of your bitcoins, don't let them hacked your account.
if you wanna have a better security, i would recommend to have a multi signature wallet (the address with prefix of 3 instead of 1). in case of possibility of being hacked, they need certainly large amount of computing power which consumes all the possible energy in the Earth as there are more than googol (IIRC) of possible combinations and not all the private key is valid for bitcoin address.
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Board Bitcoin Discussion
Re: What is the best source of bitcoin nowadays?
by
dragonbhai
on 14/12/2017, 16:37:13 UTC
Best source and most profitable to me is getting a job which pays you in bitcoin. Many on this forum pays bitcoin for those who can work Computer based freelance.  Its better to work on your skills and develop them.
You should add an option "others", Coz i think best way to do a job and get paid in bitcoin, here is the ways https://bitcointalk.org/index.php?topic=985550  But i don't use any of them till now, but for the past few months am demanding bitcoin as payment from my clients abroad, Since easier, cheaper & faster way to get paid.
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Topic
Board Speculation
Re: Will the price of bitcoin increase forever?
by
dragonbhai
on 14/12/2017, 16:21:02 UTC
It will increase in value forever because it is limited while the demand for use now and in the future is increasing. No predictable value so it's perfectly possible.
If we suppose that Bitcoin will take the place of fiat currencies in the future (meaning everybody in the world is paid in btc, and use btc as a currency), then usd will worth hardly anything and bitcoin will worth a lot compared to $.
So yes I think bitcoin price can raise for quite a long time, not only because bitcoin has limited number of coins (and number of btc really used will go lower once every coin has been mined because everyday some coins are lost), but also because fiat currencies we compare bitcoin to will decrease in value.
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Board Economics
Re: The dream of getting rich with bitcoins
by
dragonbhai
on 14/12/2017, 15:54:08 UTC
The dream of getting rich with bitcoins is happen soon, the hope of getting rich with bitcoin is serious, now many people are buying and investing bitcoin so as to keep prices going up.
i think it is not the dream, it is just the reality but you just need a little patient if you have invested some money in bitcoin, you just have to wait for some time and bitcoin will really give you good profit in the end as its price is expecting to be increase too much in next few months.
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Board Trading Discussion
Re: BUY high sell low ?
by
dragonbhai
on 14/12/2017, 15:32:12 UTC
I am replying to ur subject buy high sell low this is a noob moves.. Much better u need to buy low sell high if u want to a good profit..
Ultimately no price level can be said to be the peak or bottom value, because the market is constantly responding to the forces of demand and supply and every level is only in the passing. That informs a need to always see whatever current price level for what it is and tag along. The market simply has a mind of its own, best bet is to follow it wherever it goes! Standing in front or thinking instead for it, is a main reason good number of traders often end up buying high and selling low.
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Topic
Board Trading Discussion
Re: When do YOU sell?
by
dragonbhai
on 14/12/2017, 15:23:06 UTC
If bitcoin has a high price and is expected to fall, if we estimate bitcoin prices will rise again then I suggest do not sell first because it could be bitcoin price will be more expensive. But indeed to sell bitcoin that much risk we will get ...
I sell as an when required as i am dependent on bitcoin income for my family expenses, only 20% maximum i keep for long term investment balance i convert it to fiat currency as and when i require or when i think that the price is high and do small trading and get profit.