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Showing 20 of 21 results by firsttime99
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Board Economics
Re: will next decade be the bitcoin era ??
by
firsttime99
on 24/11/2017, 12:49:15 UTC
I think  it will because it started in 2017 en we do not know when it will end maybe this is the start of a new beginning and people can make a lot out of it people want to have it because they think are very smart and know how bitcoin works.
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Board Beginners & Help
Re: Should I Be Scared Of Hackers If I Have Lot of BTC.
by
firsttime99
on 24/11/2017, 12:44:44 UTC
Yes of course you should be scared of hackers if you have a lot of BTC i do not think that hackers want to hack people who do not have a lot of btc why should i go after one if i can get more then one that is what hackers think and know.
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Topic
Board Economics
Re: Does this mean Cash will be extinct?
by
firsttime99
on 24/11/2017, 12:30:35 UTC
No i do not think that cash will be extinct just because of the fact that we are investing in bitcoin does not mean that cash will die we cannot kill cash just because we think that crypto currency is the future maybe it will die in a couple of years.
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Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
firsttime99
on 24/11/2017, 12:26:25 UTC
is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!

I think yes, in every investment I think you should always have a plan B just in case your plan A didn't go well. Investing all your money is risky because you leave yourself and your investment vulnerable to emergency situations that may lead you to selling your bitcoins prematurely which may also result to cutting losses or wasted time.
thats right, back up plan will be much needed let alone bitcoin is a fluctuating investment, using all your money to buy bitcoin in one time is a big risk because it is very possible after you buy bitcoin, the price will decrease then you will direct loss, will be better if you have back up plan or back up funds,,
I agree with you you need a backup plan but i would rather just invest 70-30 in bitcoin and real life because that would be the best thing to do and to make a lot of money out of bitcoins it is possible but i would not prefer it for your self.
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Topic
Board Economics
Re: what is the future of Bitcoin ?
by
firsttime99
on 23/11/2017, 14:44:31 UTC
The future of bitcoin we do not know but i think it is becoming very big because a lot of companies are starting to accept it and people are starting to know more about it and trust it and believe in it that it will go beyond the price it has ever reached.
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Topic
Board Economics
Re: I have 12 BTC in my Account, How should I invest this??
by
firsttime99
on 23/11/2017, 14:35:19 UTC
I advice you to invest it in the gambling site because most of the users were starting to become addict in gambling. Also due to high price of Bitcoin in the market the users were starting to trust their luck to easy earn income.

I do not think gambling investment is affected by players that were addicted in a positive way only.  We all know that the result of bets are random so it is possible that bankroll will win and lose.  And not all people that are involved in bitcoin are moron that they will let their earnings depend on luck.  Most just save their BTC and or invest it to ICO.
I think so , gambling is not always a wrong investment if you know how to invest on rightly .People try their luck to earn more money but if you use that 12btc into a gambling only its a suicide move .Also in altcoins without knowing anything to trade so its better to take some good amount to practice or to.have a knowledge before you put some big amounts in any investment .Well i only know trading is a good source of profits .
yes there is no doubt about this that gambling is not a wrong investment, to me i think it is really a good investment. as there is more fun and money in gambling, but for that you need to have good strategy and planing in gambling  if you do not have any strategy and planing then gambling is too much expensive and there are more chances that you will lose everything in gambling.
I think theres no strategy in gambling because it depends on your luck if you win or if your lose. There are many people selling their strategy and told them to other people who addicted to the gambling this is really worth it but the truth they sell it because they want to earn money even the truth they have no script in gambling. If you dont want to cry if your money lose because playing gambling dont play. But its better if you will save that for sure you will earn  also because the price is continue increasing. But peoples choice if they want to play gambling no problem.

You can win short term, but if you are addicted to gambling... in the long run, you will lose period. Laws of averages, at the end House always has an edge.

I agree with you in the long run you will lose a lot mostly everything so i would not do that if i were you you can just wait and invest a couple btc in altcoins and the other ones you just hold till btc becomes the price you want to sell it for.
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Board Off-topic
Re: Bitcoin community is rising.
by
firsttime99
on 23/11/2017, 14:31:25 UTC
Yes because more famous companies are accepting bitcoin as a payment method and people see that and they search up hey what is bitcoin then they come to this forum and start earning their own bitcoins i am happy with that.
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Topic
Board Bitcoin Discussion
Re: Can cryptocurrency make real money disappear?
by
firsttime99
on 23/11/2017, 11:32:25 UTC
Crypto currency will not and will never replace real money. Why? Because not every single person in this world are literate on high technological things and ideas and not every person in this world can afford to buy a computer or a smart phone and pay for internet bills. Do you think that the homeless people benefit if real money will never exist anymore? Yes they can earn a small amount of cash from begging or doing some tasks or what ever they do. If you get what I mean.  Grin Grin Grin
Yeap i agree with you and would like to add. That all cryptocurrencies at the moment is like forex trading obligations and they dont have any possobility to replace real money. But can they replace companies that have obligations? I think yes.


We really can never tell the future because our technology is very advance and we'll never know what it can unfold in the future. Real money is what we are using right now but just like creditcards we will never know bitcoins could be like that in the future and no need for us to bring cash or cheque anymore though it would take long time to implement but somehow that is something we'll be looking forward to.

That is right. Almost impossible to forecast that. Despite it seems possible, it will take very long years in my opinion. We may not see that in our life time.
All things can change by some reason.
We are changing to the world with digital technology.
Of couse, a cryptocurrency like Bitcoin is neccessary for this world while we are wanting to have a freedom currency.
I agree with you there is a possibility where real money will disappear but is that a bad thing because i think it is better for all of us if we just believe in bitcoin and accept that it will be in our future i believe that is the best thing to do for us right now.
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Topic
Board Economics
Re: New rich people thanks to BTC
by
firsttime99
on 13/11/2017, 09:29:46 UTC
Yes my friend has become very rich thanks to bitcoin he cashed them out when they were 7.5k and he bought them for 950 dollars at the start of this year so he had a lot of profit because of the pump and because of this great year of crypto currency.
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Topic
Board Speculation
Re: Selling Bitcoin
by
firsttime99
on 10/11/2017, 09:37:06 UTC
Selling bitcoin now is a good choice because the value might go down very soon and you don't want that to happen because you will lose all of your bitcoin and if that happens you will be really sad.
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Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
firsttime99
on 09/11/2017, 10:09:11 UTC
Why does he even think like that in first place. It is the price difference and exchange capability of bitcoin and fiat currency which us making is rich. If that gets replaced with one currency then how we can get the profits or how we can differentiate ourselves with that price tag. I think it's not possible because it's just not well possible! There can not be two sun in the single solar system, it will burn the life. So there can not be two currency otherwise it will just break down the economy of country. The dollar bill is something related to traditions, old ways of trading and it will never get replaced in any time soon. Bitcoin is perfect fit in the internet world and might not just fit in the real world. So may be not this time.

While I do agree that two currencies cannot be the main currency of a country, I don't really agree that the world is all about tradition. The traditional way might be sending money with dollars. The traditional way might even be physical fiat but that's clearly not the case anymore. In this modern age, people don't really embrace traditions that much anymore. People seek something new everyday and bitcoin is something new. It's only a matter of time before bitcoin gets considered as a "cool" thing and people will follow the trend. These days, people are into bitcoin because of the ridiculous gains it had given us in the past couple of months.

Another thing, I do agree that bitcoin cannot be the main currency of a country together with their local currency because bitcoin is not taxable. The country will have no funds and so they will be forced to ban bitcoins (which is quite hard to do, impossible even) or put a huge percentage of tax for fiat currency users, which will then of course force them to use bitcoins instead.
I think yes because of the decreasing value of dollar and increasing value of bitcoin. All over the world many people use bitcoin instead of dollars any especially those people who works online even with the US Company from their homes.

The companies often pay their remote employees in bitcoins and not in dollars. The reason is easy transactions and worldwide use. All these things will remove dollar from the market.
It is not a big deal for bitcoin to replace not only dollar but so many other currencies as well. But the thing is, it will not be possible till the time the governments of different countries declare bitcoin as legal currency. This is the only hurdle in the way of bitcoin which is keeping it little less popular than that of dollar. I am very much sure that in the future, things will be in very much favor of bitcoin.
Even though the government will declare bitcoin as a legalized currency then it will not be enough for bitcoin to replace the fiat like us dollar and other currencies because just imagine if bitcoin will become the world's currency, do you think that it will be able to supply all the people based on their demand and do you think that they can use it properly if the price or value of bitcoin is not fixed so those are the questions that needed to be realized by the people who want to replace the fiat with bitcoin.
I agree with you if it becomes and replacement for dollar it won't be able to make it far because there are only 21 million and right now the us has more that 21 million people so it would never be like this impossible to compare those two together.
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Topic
Board Economics
Re: Bitcoin to be international currency
by
firsttime99
on 06/11/2017, 10:27:30 UTC
That can happen if every country accepts bitcoin as a normal payment like they did with paypal i think it will be very big improvement for bitcoin and they will rise more that means it will be harder to buy it and more expensive.
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Topic
Board Bitcoin Discussion
Re: Should we buy now or sell?
by
firsttime99
on 03/11/2017, 10:18:39 UTC
buy, buy, buy. Now it is still early stage for bitcoin... if bitcoin is used like visa or master card, imagine how much it will be.

Yes so buy and buy now. It is nearly getting late to buy bitcoins, because the price is getting really high now it is heading now to 10k. I will not be surprised when it hits 100k.
You can sell your coins when it is at a really high price.
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Topic
Board Speculation (Altcoins)
Re: If you have now 500$ for invest? Where you invest?
by
firsttime99
on 24/10/2017, 14:46:46 UTC
I would invest in bitcoin because its the main coin of all the coins now. If i had to invest in altcoin. It would be ETH i think that it has a good potential to be worth a lot in price.

But as i said i would go for bitcoin first because it is now dropping. Sell them when it high in price.
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Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
firsttime99
on 23/10/2017, 09:13:00 UTC
It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

I believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future.

We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins.
Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount.
I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few.

Most of the people will use it i think, but not everyone. They still trust their currency's. Nowadays not every people are using bitcoin. Some people have less bitcoins.

If everyone will use bitcoin. Bitcoin would gain in price, but it would get hard to get coins.
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Topic
Board Economics
Re: Where did you first heard about Bitcoins?
by
firsttime99
on 13/10/2017, 10:53:52 UTC
I knew that some people were using bitcoin, but i didn't pay any attention to it, when bitcoin rised up i looked it up. So this is where i began collecting my coins.

I am still collecting my coins i converted my altcoins even to bitcoin to make more bitcoin.
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Board Bitcoin Discussion
Re: How to get bitcoin every days?
by
firsttime99
on 12/10/2017, 10:27:43 UTC
If you are in signature campaigns you can have bitcoin every day. Investing is also a great option i have heard that someone made 3 million dollars with investing in altcoins.

So this means you can have a lot of money if you do it right.
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Board Bitcoin Discussion
Re: How to earn Bitcoin without investment
by
firsttime99
on 03/10/2017, 08:51:10 UTC
Hey Bitcoiners? I'm desperate to start earning BTC
I'll do any kind of online activity as long as there's a Bitcoin payment. Where do I start?
There are many ways to earn bitcoin.  Nowadays, there are many websites who needs services and offer bitcoin as payment.  You can try joining signature campaigns, advertisement promotion, referring commission, online jobs such as data encoding, captcha typing, and other professional fields depending on your capabilities and capacity. But remember to check the legitimacy and trust rating of the websites before offering your services.  When you already earn bitcoins, you can also try joining lottery that might double or triple you bitcoin in short period of time.  Those are some ideas on how you can earn bitcoin without investing.

Yes there are many ways for you to earn some bitcoins, but
Bitcoin won't rich you quickly maybe it can make you rich in short time.Bitcoin will give you such a large number of methods for gaining cash, for example, exchanging, etc. By all these you can acquire bitcoin easily.Trading will make you rich however it's dangerous too.
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Board Altcoin Discussion
Re: Which ICO would you suggest for October?
by
firsttime99
on 03/10/2017, 08:43:00 UTC
Of course the Elektroneum will I recommend to you! you can see their good project, you can click my signature.

I would recommend Changing coins, despite the fact that I am running their abundance. Their undertaking is exceptionally strong. The crypto world needs something like this correct at this point. Money related great activities will take the crypto higher.
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Board Off-topic
Re: What wallets do you use?
by
firsttime99
on 22/09/2017, 09:05:35 UTC
I use Blockchain to have ETH and BTC, and i use Coinpot to collect my Dogecoin and Litecoin. I have some bitcoins also there. Im just collecting these coins in Coinpot i will withdraw when i have a lot of these coins. Im planning to make a Litecoins wallet and a Dogecoin wallet, because Im just collecting on Coinpot i need to transfer them soon to my wallets.