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Showing 20 of 22 results by francis95
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Topic
Board Speculation
Re: Is bitcoin lead cryptocurrency market forever?
by
francis95
on 25/06/2018, 10:37:27 UTC
Bitcoin is the leading coin of the market. What you think about the future of bitcoin and others coin?

Yes it is! If you can see the chart in the market bitcoin is at lead always due to its very big price and others consider it as king of crypto. So for me,  no one replace it to the no. 1 rank.
Of course it will lead forever, others may come and go but I believe that bitcoin will remain number one as you can see even etherium which is second to bitcoin is far way behind from btc.. in terms of value and potential.
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Topic
Board Beginners & Help
Re: The anonymous structure of the blockchain technology encourages crime?
by
francis95
on 25/06/2018, 08:42:56 UTC
The anonymous structure of the blockchain technology is a breeding ground for criminal activities life money laundering, drug trafficking?
Being anonymous is prone to criminals but to say that is a breeding ground for criminals and traffickers is too much..
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Topic
Board Trading Discussion
Re: Why are people afraid to invest in cryptocurrency?
by
francis95
on 24/06/2018, 16:10:08 UTC
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
yeah you were right there but in my idea their ignorance of crypto make them afraid to invest. Whenever they heard the word coins or digicoins what comes to their mind is a scam. I discuss crypto to my friend and tell him to be engage in crypto specifically in bitcoin her answer is that crypto is a scam and he is afraid to it.. Their mind were close with that idea so its hard to convince them. How I wish media would help them understand about the goodneas of crypto,in that way they will believe it.
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Topic
Board Altcoin Discussion
Re: Losing interest to extended bounty campaign.
by
francis95
on 24/06/2018, 08:19:18 UTC
Seems like there are more bounty campaign are extending their campaign period due to not reaching their soft cap. Are you still continuing the campaign though it is extended?
Yes, I have tried a bounty that was extended and I do continue the campaign.. the result was good after a month the tokens was given and of course its more than I expected because of extension..so do not worry about extension..be thankful because it gives you more and more tokens..
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a Scam - No more
by
francis95
on 24/06/2018, 04:48:08 UTC
Bitcoin is not a scam,it is not made for scamming, it was made for a faster transaction internationally, it serves as a digital currency because we are now on a high technology so bitcoin is an example of a new technology,, imagine purchasing things online with the use of bitcoin, imagine working on your bed online because of bitcoin..isnt it amazing,,the problem is with the people,some people uses bitcoin to scam, but anyways whether there is bitcoin or not scammers will always victimized people..so dont blame it to bitcoin..blame yourself for being so careless.
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Topic
Board Bitcoin Discussion
Re: Crypto currency in five years!
by
francis95
on 23/06/2018, 23:43:00 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.
For me 5 years is such an early age for crypto to be use by all, maybe only those free and no open country will use it fully because in other countries like those who banned bitcoin,, it will be debated in senate whether crypto will be accepted as currency and will be legalized in each country I think 10-15 years maybe.
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Topic
Board Bitcoin Discussion
Re: Bitcoin will be used as a donation to the church
by
francis95
on 23/06/2018, 15:01:24 UTC
Theres no problem in donating our bitcoin to church as long as our donations will be use for the betterment of the people in the community. If I would own many btc I would also do the same, not just in church but in charity as well.
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Topic
Board Speculation
Re: Selling bitcoin is a stupid decision ?
by
francis95
on 19/06/2018, 01:04:26 UTC
My ambition in life is to own at least 5 btc, so I will never ever sell if I have that amount, I would work hard to achieve that goal.. in terms of financial needs I'd rather sell my tokens I got from bounties rather than selling bitcoin. Bitcoin is an investment.
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Topic
Board Economics
Re: Should we teach children to have businessman mentality or be successful employee
by
francis95
on 18/06/2018, 09:02:45 UTC
We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?
Schools were teaching economics in school, so children must decide what they wanna be in the future but I think everybody wants to be a businessman rather than an employee but sadly only few who does have capital so that is why others preferred to be a successful employee.. Those studying business ended up managing others business because they don't have a capital for their own.
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Topic
Board Altcoin Discussion
Re: Still did not get bounty rewards?
by
francis95
on 18/06/2018, 01:20:50 UTC
Yes this is my questions among all bounty hunters. In my 4 months on doing bounty i campaign i have promoted 2 ICO's already and the first one still counting the stakes and still working on the distribution of the tokens. Some had receive already and i thought about receiving too but until now no tokens found in my digital wallet even after searching it on etherscan if there are relatively made a transaction to my digital wallet address and there is none. I have gave my effort and quality time for them to promote their project that includes also the resources being used like internet connection fee and the electricity are all wasted for the project i guess. I think this could be my last project to promote and if i still will not get any rewards then quitting is an option.
Maybe you should contact the managers or wait a lil longer because  tokens distribution will finish 2-3 months or depending on what their announcement was . I am waiting also for mine it's been two months after the campaign done but still there's no token being distributed so maybe we should be patience in waiting.. I advise you not to give up in bounty but rather search for a good bounty to join.
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Topic
Board Speculation (Altcoins)
Re: Why do altcoins follow bitcoin?
by
francis95
on 17/06/2018, 14:21:52 UTC
Why is it that the moment BTC starts to sway, the other coins follow suit. It would be hard for everyone to sell that much at the same time. It seems beyond just panic selling. They seemed to be directly linked. Inf-fact, BTC going down should increase and encourage altoins as they raise in value compared to BTC as it falls so why this uniform sell off? Something seems weird about that to me. Any real theories, or explanations?
Because bitcoin is the top coin being traded for alts in market cap, the most popular coins.
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Topic
Board Trading Discussion
Re: Is worth buying coins under $1?
by
francis95
on 17/06/2018, 08:51:10 UTC
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
We can always look for the past performance of that coin if it has a potential to grow.. Though the price is  1 dollar or below that doesn't mean that it would not grow.. I think it's best to buy that coins in a very low price and experience it growing rather than buying it high and then drown..
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Topic
Board Trading Discussion
Re: which is better? trading crypto or trading stocks?
by
francis95
on 17/06/2018, 07:17:09 UTC
Its up to you if where you wanna be,both were having risks and benefits you can try both if you want but if I were to trade id rather trade in crypto because its less hassle compared to stocks.. plus many get rich in trading crypto rather than stocks.. stocks need a lot of help from others while in crypto you can just sitdown and wait for your profit.
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Topic
Board Bitcoin Discussion
Re: Bitcoin is considered as halal by Sharia Law
by
francis95
on 17/06/2018, 06:16:15 UTC
Since the Muslim community can now trade/hold/invest legally on Cryptocurrecy especially BTC. Do you think it can uplift the price of BTC and concurrency as a whole?

Dubai is very active on Cryptocurrency. It's hosting many of cryptocurrency forum.
We all know that there are a lots of Arabs that are really rich.

Well I dont think if this news was really true but if it is then that would give a nice impact to crypto world. I think halal is for foos only i dont have any idea that it can also be use in bitcoin.
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Topic
Board Trading Discussion
Re: minimum amount to start trading?
by
francis95
on 13/06/2018, 05:02:22 UTC
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
I used my money I get from bounty to start trading, I didnt used any capital from my own wallet since I am new to this and i am not smart enough to do the trading.I need to study it first before I trade with big capital. Its up to us how much we want to trade..
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Topic
Board Trading Discussion
Re: Does IQ greatly affect a person's success in trading?
by
francis95
on 11/06/2018, 05:40:33 UTC
many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".
Being knowledgeable in trading is one of the factors that a day trader must have. A day trader must have a technique to be a successful trader and techniques need a lot of IQ. So yes, IQ affects the persons success in trading.
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Topic
Board Bitcoin Discussion
Re: Which is more risky? Bitcoin or bank investment?
by
francis95
on 08/06/2018, 23:49:54 UTC
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?
Well it depends on the banks,I have heard some news recently that there were banks who close because of bankruptcy and together got bankrupt is the money of many depositors and investors..all their savings were totally gone and there were no news if they can still get their money,,so imagine if you have millions there and its all gone by the wind how sad it was.. If I were to become rich I would never put my money on a bank because the interest was a very small amount and it is risky. I would use to invest in btc because there were many chances here of getting rich if we just learn to hold and let go when the price hits the highest.. We have the full control of our money unless were not careless enough to be scam by many robbers and hackers..
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Topic
Board Bitcoin Discussion
Re: Can Blockchain Survive Without Bitcoin
by
francis95
on 08/06/2018, 16:34:10 UTC


Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.

The question however is, can blockchain succeed without bitcoin?
Blockchain is originally invented by nakomoto to serve as the public ledger for bitcoin..so I dont think blockchain will survive without btc.
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Topic
Board Trading Discussion
Re: Why choose LONG-TERM TRADING?
by
francis95
on 08/06/2018, 10:16:12 UTC
    Trading is indeed difficult to do.


    Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".


    Long-term trading is good for those who:

    • want to invest
    • has a job that requires at least 8 hours a day
    • want to earn extra income
    • non professional traders or beginners

    But of course you will have to consider these things before investing:

    • invest money that does not limit your ability to meet other financial needs
    • should be willing to lose some
    • higher investment, more risky and higher potential of loses and/or rewards


    These are the benefits of long-term trading according Anne Chapman (2015):

    • You are not required to find new opportunities every time. Just hold on the coins you believe has a potential. Do not bother yourself with other cryptocurrency focus on your work and family.
    • You have more time to plan and study the charts for analysis of trend
    • You only need to employ simple techniques.

        First, identify major areas of support/resistance (does a trend have room to develop?

        Second, look for chart/candlestick patterns (do they reinforce a trend continuation?)

        Finally, look for a logical and high probability point of entry and manage the trade

    • You will experience less stress since you do not have to monitor the charts, price, trend etc. every time.
    • You only have to work less. Check your coin in a month or weekly basis, etc


    Thank you.


    A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]
    Yes,thats right long term trading is good for those people who were busy with their regular job, aside from they dont have much time to check the prices if they do trading, they can leave their coins alone and can check them yearly. Day trading requires a lot of time and knowledge so to those who doesnt have much time in crypto better hold.
    Post
    Topic
    Board Bitcoin Discussion
    Re: Why people are still buying Bitcoin?
    by
    francis95
    on 29/05/2018, 00:35:03 UTC
    i think they keep investing bitcoin because they know in the future, bitcoin will increase higher and higher value so that they get a big profit when they trade it to someone.