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Showing 20 of 113 results by elkafee79
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Topic
Board Speculation
Re: Will you sell all your coins in Bull market?
by
elkafee79
on 22/07/2018, 11:48:34 UTC
Many people are waiting for the market recovery to sell their coins but I bet you,as soon as market recovers ,they will feel reluctant to sell.

Yes, I hold my altcoin and wait. I believe the market will green again.
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Topic
Board Economics
Re: Is cryptocurrency help to expand the world business?
by
elkafee79
on 14/07/2018, 03:56:53 UTC
Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

yes I think , It helped my financial economy. I have gotten alot benefits from it.
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Topic
Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
elkafee79
on 26/06/2018, 14:03:33 UTC
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.


I think All businesses have risks including virtual currency investments. The most important thing is never to believe in people we do not know. So it's best to find a coin, with a better prize on Crytocurrency. be careful and keep calm.
Post
Topic
Board Speculation (Altcoins)
Re: Why hold ethereum
by
elkafee79
on 26/06/2018, 13:47:16 UTC
If I could pick one crypto that suits for holding, that would be ethereum. Do you agree that this one is good for a holder ?

 It's more established than other alts in the market and  companies are adopting it.

Yes, In my opinion Ethereum is good to hold because Etherium is the second best cryptocurrency, It is the next bitcoin and we can also see large volumes of Etherium, so we can see Etherium technology very helpful. I like ethereum and bitcoin.
Post
Topic
Board Economics
Re: Why most bitcoin users from good economies countries?
by
elkafee79
on 26/06/2018, 13:40:27 UTC
We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.

https://i.imgur.com/pgqaTer.jpg



Yes, I think most investors come from good economies, because they are open to the idea that the income we get does not need work to survive, but from the underdeveloped countries, they still believe in the old system, that is, have a job , You will be guaranteed a lifetime, but it has consequences if your work, is your only source of income. That's in my opinion.
Post
Topic
Board Bitcoin Discussion
Re: Huge potential earnings in bitcoin, still not interesting for others
by
elkafee79
on 26/06/2018, 13:26:00 UTC
As i began my journey through the world of cryptocurrency, it comes to my mind why other people are just ignoring the opportunities that bitcoin gives..

Can you give me some reasons why it's not that interesting for others?

I think it is because of the lack of knowledge and information they may not know. That means other people are not interested in bitcoin because for those who work in full time jobs they are a good source to earn money for life. But I think if we share our knowledge and experience in cryptocurrency maybe everyone is interested and trying to find their luck in the crypto world. Because I have gotten alot benefits from crypto. I like it.
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Topic
Board Speculation
Re: Bitcoin recovering ?
by
elkafee79
on 25/06/2018, 14:08:45 UTC
Maybe yes or not because the volatility are depend on us investors we are the one can recover bitcoin price if we pump it if all investors are dumpers and do panic selling it will never be recovered because of all new investors lack of knowledge about bitcoin.
Well, the whales are the one who decide if the market will recover now cause they are the one who flooded the market from the get go and we the investors only need to play our part like buying dip and holding for we're not the one manipulating the price of the market.

I think big investors is the one who  can be the reason for the next pump, but for now that bitcoin price are in the dip we just need to hold and wait until bitcoin recover.

I think until now bitcoin is down, many of them are selling their BTC to a cheap price or other investors throw away the BTC price, maybe some news about bitcoin, that's why bitcoin is down now. But I still believe bitcoin will rise again.
Post
Topic
Board Altcoin Discussion
Re: You can go wrong!
by
elkafee79
on 25/06/2018, 13:54:07 UTC
If we learn from our mistakes, what words of caution would you like to share.

I personally do not regret anything we do in the world of cryptocurrency, learn from our mistakes to make us better. Be patient is the good way.
Post
Topic
Board Economics
Re: How to cope up with the falling prices?
by
elkafee79
on 25/06/2018, 13:46:54 UTC
There are just couple of question I need some answering from people with enough experience in crypto.

Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?

Thanks for sharing your thoughts!

In my opinion, buying tokens at ICO is good and you will get a bonus when you invest in the token sales period. If you invest in a low price after reaching the exchange rate then the chances of recovering after a fall are low.
You can only hold them when the price is low or just sell it at the current price to save the remaining capital. That is my way.
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Topic
Board Altcoin Discussion
Re: why some ico failed
by
elkafee79
on 19/06/2018, 11:54:13 UTC
have being studying some ico this year they are failing , what are the causes of there failure

I think many icos fail because they do not have the good products they offer so their coins have no value. People are thrown away, and their prices fall. That's in my opinion.
Post
Topic
Board Economics
Re: Reason we pay taxes and why we should
by
elkafee79
on 19/06/2018, 11:47:39 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.

I think taxes are important if the government needs to work so if someone cheats while paying taxes, then he will be punished by legal action. In crypto currency, most people do not pay taxes and even many governments do not have proper taxes on their taxes. The use of that is why the government tries to ban the use because if it continues for a while it will cause an economic disaster in the country.
The Goverment should legalize crypto and take taxes.
Post
Topic
Board Bitcoin Discussion
Re: Crypto is For Risk Takers
by
elkafee79
on 19/06/2018, 11:38:48 UTC
I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .


In my opinion anywhere you put your money especially in the digital world is quite risky. Engaging with cyptocurrency is very risky if you do not have very good knowledge on the internet.
because I think Investment is more profits than risk.
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Topic
Board Speculation
Re: Price manipulation
by
elkafee79
on 19/06/2018, 11:22:41 UTC
I read that they are investigating criminal price manipulations over Bitcoin. Manipulation of prices is really possible ? This happened before ?

Yes, I think price manipulation can happen if someone has a lot of bitcoin. they call them whales. In fact I've heard rumors that there are groups that hold very large amounts of bitcoin, they can control the market price on bitcoin. but I am more confident in the current market correction is happening. I believe market will rise again.
Post
Topic
Board Speculation
Re: Why do we complain when the market is down?
by
elkafee79
on 19/06/2018, 11:13:12 UTC
Ever since bitcoin price started dropping, most of the threads i see here are : is bitcoin dying?, will bitcoin go green again?, should i hold or sell? etc. I laugh when i see such threads. Every business has a window of opportunity when the market is ripe to enter. This is the time to invest more in bitcoin. Every good investor see every dip as an opportunity to buy more bitcoin and hold. The weak ones see dips and they start to shiver; selling all their bitcoins, even including their altcoins. Please community members, the way we are handling this drop in bitcoin will scare new members from even investing in the coin which will cause a further decrease in the price and the unexpected might happen. Let's have a healthy discussion about our coin even in hard times, and it will attract more people to invest and eventually pump the price again. Friends what do you also think?

I think they are complaining because they see bitcoin market as a very negative thing. Though it is not good if you hold a coin and it does not rise anymore. The plus side is if you buy when the price is low and starts up. You will definitely benefit from it.
We will see what will happen that bitcoin prices will soon rise.
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Topic
Board Economics
Re: Do you spend less bitcoin/alts now?
by
elkafee79
on 18/06/2018, 14:08:50 UTC
I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?


Yes, you are right. If anyone sells bitcoin at this point, they will lose a lot. But If you want money for an emergency, you can sell your bitcoin.
Post
Topic
Board Service Discussion (Altcoins)
Re: Bounty Strategy
by
elkafee79
on 18/06/2018, 13:53:03 UTC
Hello friends,
I am going to participate in bounty signature campaign. Can you guys suggest me some strategy. Like which bounty should I choose, how can I speculate what bounty is good for earnings etc.
thank you.

I think a bounty campaign is the best and fastest way to make big money. To find out about the projects you need to visit their whitepapers, most gift companies write about their projects in white paper. But it's very difficult to choose the best and trusted gift campaign. Because some are scam.
Post
Topic
Board Economics
Re: Let's suppose that Bitcoin became universal (used everywhere you go)
by
elkafee79
on 18/06/2018, 13:28:25 UTC
Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks

I think the government can not manipulate Bitcoin to affect their own economy and inflame it to make their bills effectively smaller. They will give up enormous control. Because Government can not cotroll bitcoin over.
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Topic
Board Speculation
Re: Will Bitcoin remain dominant
by
elkafee79
on 18/06/2018, 13:18:12 UTC
Do you think Bitcoin will remain the most dominant coin both short and long term? Even though it does not remain the most dominant coin, this will not be the same as saying that Bitcoin won’t exist long term.

Of course BTC will remain dominant. Although BTC prices decreased but a few months will recover. A recent price change shows us that the price of another coin is related to bitcoin, but even though bitcoin decreases it takes several years for another coin to go beyond bitcoin.
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Topic
Board Economics
Re: What will happen to bitcoin?
by
elkafee79
on 12/06/2018, 15:50:15 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.

I think the Market is undergoing a healthy correction. Once done, we will have a stronger and more profitable market. Just hold your coin and be patient. You will benefit greatly
Post
Topic
Board Bitcoin Discussion
Re: Schools Are Officially Accepting Bitcoin for Tuition
by
elkafee79
on 12/06/2018, 15:37:50 UTC
Universities are embracing accepting bitcoin for tuition, with Lucerne University of Applied Sciences and Arts in Switzerland the latest school to adopt. If anything, it's another clear sign the cryptocurrency is here to stay.

https://futurism.com/schools-accepting-bitcoin-tuition/

Even so... Bitcoin has been used to buy homes, and countries like Venezuela and Vietnam are beginning to truly embrace the currency. Now, certain universities are adopting the payment method of bitcoin for tuition, albeit with a few caveats.


This is good news for people who have a lot of bitcoin but I do not think they have financial problems for them to use bitcoin to pay for school. so I think bitcoin is currently good for investment. maybe in the future both for payment.