It seems many people are speculating the rise of BTC and therefore are transfering value from alts to BTC. But if you want BTC, buy it with FIAT! Fresh new funds are needed on the market! You are dumping alts making prices dump hard and maybe are speculating you will be able to buy more of the alts later on, but what idiot will selll it to you at that dumped price?? So if you want BTC, buy it with FIAT or at least don't expect to buy back more of the alts for cheap!
This is wise, or at least seem that. I`m not hurry to sell my alternative cryptos stuff, because I still believe, that some of them could make me rich, when the market will recover fully.
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BoardAltcoin Discussion
Re: It could take 2 years for the market to recover
I wish I was joking but this market will take at least 2 years to recover and build momentum again. Market fundamentals have changed!
It could, I agree. But looking back few weeks ago, when Bitcoin made a jump of $1,000 in one day period, we can surely say, that Market is having a great possibilities to recober much faster.
I wanted to say that I have stopped sharing my crypto interest with close mates of mine. Because they will became greedy and jealous for that money they could have too. But the problem is that they are seeing a results of hard intense and long work! My tokens sometimes costed me like 3 months of work, (not the hardest, but anyway). And the are saying then - teach me how to do that! Teach my now in half hour! So I would have my $1000 tomorrow! And then they are trying to do something here for 5 days, nothing comes so fast and they give up, also the relations are harmed...
Thanks for your attention folks! Nice days!
For most of us guys this problem is common because people are always thinking that we are just somebody who does nothing and gains everything, like it's very easy to perform all that things that we are performing here.
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BoardBeginners & Help
Re: Beware of HACKERS!
by
erundook
on 24/08/2018, 19:45:47 UTC
It is a common thing. Hackers was and always will be. That or another way, in every kind of things, where money is involved, there will be a group of people, that will be trying to steal your money.
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BoardBitcoin Discussion
Re: Bitcoin is independent? or depends on fiat currency
Bitcoin was created to provide independence from Government control to the users. But I think it is not so independent.
It depends on fiat currency especially the Dollar for it's valuation.
My question is ; we are measuring it's value in dollars. So is not it true that Bitcoin is dependent on fiat currency for it's existence?
Please share whatever views you are having.
Kindly correct me if I am wrong.
Both those statements are true in some way. It is independant from fiat and unable to control, but it is dependant because it is the only way, that you can purchase Bitcoin. Is for Fiat.
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BoardBitcoin Discussion
Re: Why Bitcoin isn't a legit currency.
by
erundook
on 22/08/2018, 10:17:45 UTC
The answer is obvious. Bitcoin is not alleged currency because it is not having a possibility to become one, what I mean is basically you cannot easily use Bitcoin in terms of local common currency.
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BoardEconomics
Re: Do you approve this strategy: sell alts buy btc?
I've been thinking about that but in my opinion it is too late for it now if you are about to do that because now most of the alternative cryptocurrencies is 2 times lower price than it was a month ago.
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BoardEconomics
Re: Government regulation on cryptocurrency, GOOD or BAD?
by
erundook
on 19/07/2018, 09:29:33 UTC
I am thinking that those regulations can be both positive and negative and it depends on the attitude of government towards cryptocurrencies.
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BoardEconomics
Re: Gold to reach new all time high of $2400/ounce
Bitcoin $7,000. Dow Jones 26,000. That way new all time high price for Gold will be $2400/ounce.
Iran crude oil getting banned worldwide and Iran threatening to block major supply route through Gulf seas. Crude oil going back to $150/barrel.
Some $1 trillion trade/tariffs war started by Donald Trump with many countries.
this is happening because all around the world money lose its weight and value, so we can anticipate all the goods and investing assets to become more expensive with time and eventually the transfer on new world economy system.
Seems like it could be valuable as to how many people are talking about x y or z coin. Interesting indeed.
It is interesting to follow the most interesting and promising altcoins
A nice tool to help people to choose the hottest coin , keep on you good jobs, I can't give you any suggestions now, I will give you any of my thoughts when I reach them.
One of the problems that I'm thinking about is that the most interested coin is not always the most perspective one, it would be better if your program will come to discerning the negative and positive feedback, lol
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BoardSpeculation (Altcoins)
Re: Are the bear days over?
by
erundook
on 18/07/2018, 14:22:16 UTC
I am very careful with that because I have seen so many things like this and then I was just burnt, because I believed in that so we need to be very careful and do not be happy until we will actually earned something from that.
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BoardSpeculation
Re: Crypto Market is healthy again!
by
erundook
on 18/07/2018, 14:10:19 UTC
I would really love to see that but I am already told that those things can be very temporarily so I would not rejoice more than it is needed in order to be encouraged and to work more hardly. I think this is more than wise.
For me the bad news on bitcoin is first the price yes it normal that the price is changing anytime but every it happens I felt sad because the profit is also increase, second the slow transaction when you invest because of that people take long time waiting that's why lot of people loss hope because of waiting.
I agree with you because I am in the same situation. But I still believe in the future of using Bitcoin. So be patient and wait.
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BoardEconomics
Re: The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't!
It gives us the reason why we want to earn bitcoins more. More miners and earners the more it will limited its supply and in that reason the more rises its price.
I'm badly need to it also. I have limited income even if I've working in a company.
But going for real-time shares very well popularity. More more people believe that they can mine and earn with Bitcoin. For real time I am using mining too.
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BoardLegal
Re: Dark use of Bitcoin
by
erundook
on 16/07/2018, 13:59:46 UTC
The question is as if you are in search of a scheme of how you could become a participant in such a project with a bitcoin-based fraud. Do not go to the black side. It's better to be on the side. It will be better this way.
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BoardBitcoin Discussion
Re: Bitcoin's volatility is a non-issue
by
erundook
on 16/07/2018, 13:46:20 UTC
It is the thing that I used to explain the non-crypto people what is Bitcoin and why it is working, I say then that many things were used in the past as a currency and also as a payment method, and so many of them had just agreed value, not the real value.
bad news has always been, is, and will be! Most often they are created artificially to lower or increase the rate of bitcoin! The bulls do it! So do not be fooled by the news, think with your head! You do not watch the news on TV !?) Or look and believe everything that they say )))
In whole I don't understand why people are talking about bad news. We have good news and it is better to speak about them about perspective and the profit in the future.
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BoardBitcoin Discussion
Re: Bitcoin's volatility is a non-issue
by
erundook
on 12/07/2018, 13:46:59 UTC
It looks like the list of evidences about bitcoins trustworthiness, but thank you anyway because in this hardship times we need some encouragement and to get some more assurance in the things that we do.
There are many reasons why many people choose to study economics at universities because of promising job prospects. In life, everyone must meet with calculations and trade, many people who think by studying economics then they will become rich quickly and successfully.
And if you have some knowledge about economic you can implement them investing in Bitcoin and how to profit from it. I think you can have second job using that knowledge.
It's a Very Struggling time for Cryptocurrencies. The Market Goes down approx 10 to 15 Percent. Bitcoin Drop down $7k, On the other Hand, Ethereum goes down $400.
Don't be worried because in July it is already easier to stand, the market is growing, all the prices are going up, everything is ok. The things like that is very predictable.