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Showing 20 of 435 results by freedomsr40
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Topic
Board Bitcoin Discussion
Re: I have around 8000 BTC,but my country are too small cap to cash out
by
freedomsr40
on 06/01/2018, 20:35:17 UTC
First of all, at this amount, you can find some good lawyer and specialist to do it for you - mainly for tax purposes. I believe there are ways to make a clean cash-out without too much troubles if you hire good ones.

Second of all, plan your cash out: why sell everything in one shot? What will you do with fiat money? If anyway you are going to put them in bank, why not keep BTC?

Last thing, congratulations, seriously!
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Topic
Board Altcoin Discussion
Re: Bitcoin's bubble is going to burst
by
freedomsr40
on 06/12/2017, 19:43:26 UTC
What if not? A lot of people are selling and expecting this correction, and if whales have enough appetite to eat them all - there will be no correction, to everyone's surprise.
Post
Topic
Board Speculation
Re: Do Bitcoin will reach $15,000 before 2017 ends?
by
freedomsr40
on 03/12/2017, 16:17:24 UTC
It's highly possible. together with the news of future trading starting at Dec 18th, we will see a strong increase in volumes.
Post
Topic
Board Altcoin Discussion
Re: Adult Coins
by
freedomsr40
on 05/10/2017, 18:52:20 UTC
I don't really see a working business model there. I can see people use crypto for the payment in preference of privacy, but ICO? really? Collect money for what? all the content are already there and blockchain will not change anything there.
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Topic
Board Altcoin Discussion
Re: Is Altcoin Trading Truly Profitable
by
freedomsr40
on 05/10/2017, 18:50:26 UTC
I don't think so. Except you are organising some pump and dump group or you are extremely lucky, otherwise there is no real strategy that can work in this kind of market, especially if you stay there for very long time.
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Topic
Board Speculation
Re: Segwit2x vs 1 MB
by
freedomsr40
on 05/10/2017, 18:48:08 UTC
I will simply keep both of them in hand. Last time with BCH hardfork and choose to dump BCH and keep BTC. But this time is different, it's too risky to make a choice when I can not fully understand the situation.
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Topic
Board Speculation
Re: Less Volatility Is Needed?
by
freedomsr40
on 05/10/2017, 18:44:36 UTC
Volatility will go lower with higher price (bigger market). Look at the volaitlity back to 2010, 2013 and today. Today a 20% change is 800~1000USD, which is already a lot, at that time a 50% correction can be seen. So when the price will reach 50k USD, I think the volatility will be much smaller.
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Topic
Board Altcoin Discussion
Re: Red Pulse on sunday!
by
freedomsr40
on 05/10/2017, 18:41:26 UTC
It seems that the pre-sales already ended. Then it's too late. if you really want to jump on the boat you need to be the first. Otherwise I will just look for the next one.
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Topic
Board Altcoin Discussion
Re: HOW TO SPOT A WINNING ICO
by
freedomsr40
on 05/10/2017, 18:38:10 UTC
I personally like the ICOs with existing running business. Because in this case, you can check their profit and loss and business model to judge yourself if there is a future or not. The problem is this kind of ICO is usually less "attractive" because they promise less than those who has nothing in hand.
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Topic
Board Bitcoin Discussion
Re: Why does China hate Bitcoin?
by
freedomsr40
on 28/09/2017, 20:26:50 UTC
China is country which believes in strong forex control, since years. And BTC exchange is just a hold in the regulation system, I will not be surprised they want to forbid it. Plus there will be an important meeting there in October, this period is very sensitive.
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Topic
Board Economics
Re: Bitcoin world currency
by
freedomsr40
on 28/09/2017, 20:24:57 UTC
Commodity trade, a large part of them is actually very political and "guarded" by army to use USD, not other currencies. BTC definitively have some advantage in this (no government control, international, ). But I double in short term anything will change.

Post
Topic
Board Speculation (Altcoins)
Re: I have 250 ETH, Hold or SELL?
by
freedomsr40
on 28/09/2017, 20:20:45 UTC
If I were you I might want to sell half of ETH holdings and convert them into bitcoin. the rest of half I will keep. But I will not sell any of them for fiat, you will miss a lot of great opportunities.
Post
Topic
Board Altcoin Discussion
Re: Are all airdrops safe?
by
freedomsr40
on 28/09/2017, 20:14:20 UTC
Airdrop itself is quite safe. of course you have to deal with tax issues but it will not harm you more than that. Otherwise you need to be careful about your credentials and any downloads, they are be stolen/infected.
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Topic
Board Speculation
Re: China banning bitcoin is the oldest trick in the book
by
freedomsr40
on 18/09/2017, 08:24:19 UTC
Then they will announce that exchange can pay x fees and submit all data to the central server to obtain a license to reopen, so price recovers - bingo, biggest win ever.
Post
Topic
Board Economics
Re: Tell me a secret: any way to earn 0.1 BTC per week?
by
freedomsr40
on 18/09/2017, 08:21:26 UTC
Participate the Deeponion airdrop Smiley

It's a weekly airdrop that gives more than 0.1BTC a week, how good is that?

But you have to be ready to contribute to community, I think it will not be a problem for you.
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Topic
Board Bitcoin Discussion
Re: What if, we advertise bitcoin on T.V.?
by
freedomsr40
on 18/09/2017, 08:19:28 UTC
Like a documentary movie?
Pros:
- Access to a large population;
- Visual presentation and clear direct message to the audience;

Cons:
- Bitcoin documentary movie often contains a lot of politically sensitive information;
- I'm not sure that the general public is ready to digest/accept the philosophy behind bitcoin;


Post
Topic
Board Bitcoin Discussion
Re: Bitcoin banned in China. Did it affect the price?
by
freedomsr40
on 18/09/2017, 08:15:27 UTC
I remember chinese volume represent something like 7% of global trading volume; Japan now is >50%.

So I don't think the impact will be that big.

As for the price, as you can see, it recovered already, that is a clear message from the market that the impact was not big.
Post
Topic
Board Bitcoin Discussion
Re: Lower transactions fees now? Bitcoin is back it is!
by
freedomsr40
on 18/09/2017, 08:13:41 UTC
Transaction fees are also sometimes a result of calculation policy of wallet providers.

To reduce number of user complains and assure the transfer to go through, they use normally the average past fees + a certain percentage model; if several large wallet provider use the same model, the fees can be pushed higher for nothing...
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Topic
Board Speculation
Re: Welcome to Christmas! Nom, Nom, Nom
by
freedomsr40
on 17/09/2017, 12:00:16 UTC
2000USD will be largely below miner's cost and they will buy in (look and the millions they invested into buying BTC future, and the same buying power will be there when BTC is below their cost)
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Topic
Board Speculation
Re: Bitcoin vs Mortgage
by
freedomsr40
on 17/09/2017, 11:58:12 UTC
I'm more or less in the same situation as in yours, but I consider the mortgage the cheap credit I get to buy BTC. So I'm still having my mortgage now...

But I will definitive pay it off when it took 5% of my total holdings to do so; 20% is still a bit much, my personal opinion.