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Showing 20 of 145 results by frery
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Board Bitcoin Discussion
Re: Why all the freakout about Bitcoin's price?
by
frery
on 07/02/2018, 09:34:52 UTC
A lot of people are selling bitcoin, and when bitcoin prices go up, they begin to regret selling bitcoins, people are always in regret, and rather than waiting patiently to buy HODL.
People have this mentality normal, bitcoin up you regret it, or you collapse. Concerned about the price will only make you more panic, it is better to ignore it, to travel outside for some time.
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Board Off-topic
Re: Are bitcoins only for the educated and knowledgeable people only?
by
frery
on 07/02/2018, 04:13:07 UTC
I think it is not, I think everyone's talent and hobbies are different. Without a higher education, as long as he studies bitcoin earnestly, he knows more than anyone else. Of course, highly educated people may have stronger learning and sentiment.
I think what you're saying is that highly educated people are not thinking and thinking in the same way as uneducated people, maybe those who are educated can understand in a day, and uneducated people need longer of course, not all educated people are smart, and some are nerdy, and this varies from person to person.
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Board Bitcoin Discussion
Re: Green Market Soon...
by
frery
on 07/02/2018, 04:08:21 UTC
Because the bitcoin price is falling, a lot of rumors about the bitcoin bubble, I think 90% of the bitcoin bubble if it really broken, it may trigger a new financial crisis in Western countries, and now the US stock market is not very good, I have suspected that the new financial crisis is coming, but God bless it is not true.
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Board Bitcoin Discussion
Re: Did you stick to the HOLD philosophy
by
frery
on 07/02/2018, 04:01:41 UTC
I just wanted to gauge what people did and why.

If you had BTC from October 2017 or earlier, maybe 1 maybe 100 and some with more I'm sure.

Did you sell in December? With the insane rise in price which was due for a correction how many people sold at or near peak and maybe set aside some for a correction to buy back in the Dip.

I ask because with the opportunity to cash out for FIAT which still makes the world go around it seems like selling at 20 000+ (CAD) makes sense. I hear a lot of people who say HOLD and hoard essentially, and to each their own; but I find myself wondering at what point do you sell if that is your philosophy.

Maybe you didn't sell; maybe you sold a few or dumped it all.

I myself didn't have much; I had amassed a small amount that I was portioning off to HOLD, but what I was holding was instantly sold at the peak or used to buy equipment mostly because I had a feeling that it was going to be worth about 50% in the near future. The price stayed higher for longer than I though but it also fell lower than I thought. I might have been completely wrong it may have continued to rise but in the end I was happy with the decision I made. I can always mine more...well some (damn difficulty lol)

To be honest, if I'm in the same situation I will sell some of the coins I have. If I have 1 BTC, I will sell it last December because the price is in its peak. If you have 100 BTC, I don't think they will allow you to convert all of it at the same time so you have no choice but to HOLD it. In our country, converting BTC to money has its limit and there is a possibility that you will be questioned if you converted a huge amount of BTC. You are lucky you were able to convert 2 BTC without hassle.

My situation is the same as yours, my country can not convert a large amount of bitcoin into currency, this is a limitation. Converting large amounts of bitcoin, you may be investigated by the police when you put the legal tender into the bank , they will think you are money laundering, so some people can only be forced to hold bitcoin.
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Board Altcoin Discussion
Re: Today's news: Chinese gov restricts Crypto again...
by
frery
on 06/02/2018, 09:19:30 UTC
You are right. Governments are beginning to take measures to limit the growth of cryptocurrencies. For example, China, India and a series of bans have caused the price fluctuations of cryptocurrencies. However, many are rumors that they have not completely banned bitcoin. We need to be calm and HODL.
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Board Speculation (Altcoins)
Re: Tactics When Market is Falling
by
frery
on 06/02/2018, 09:08:35 UTC
Your approach is right, HODL and stay calm, you will get bigger gains in March, panic can not help us take advantage of this time to do something else, do not be too concerned about the price, you will find you The mood will be better and not be too negative.
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Board Altcoin Discussion
Re: Can world Government Kill Crypto?
by
frery
on 06/02/2018, 09:02:10 UTC
Some countries have adopted a strict ban on bitcoin, such as Ecuador and Bolivia. But not to not necessarily is the best way to dismiss the currency and the authenticity of digital assets and financial connotation, does not detract from the fact in the financial transaction, so now many countries of the currency measures, rather than exclude bitcoin, as part of the turn it into a system, many countries are slowly accept bitcoin.
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Board Bounties (Altcoins)
Re: [BOUNTY] THRIVE - 4M THRT REWARD | OVER 2M $ 🔥🔥
by
frery
on 06/02/2018, 07:50:35 UTC
Will your Facebook activities continue? I want to join your event, but I heard that facebook forbids encrypting ads.
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Topic
Board Bounties (Altcoins)
Re: [BOUNTY] CRYPTOKAMI - DECENTRALIZED RESERVE SYSTEM
by
frery
on 06/02/2018, 07:41:49 UTC
Do you have a Chinese white paper? Because I want to know more about your project news.
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Board Speculation
Re: bitcoin and chines new year
by
frery
on 06/02/2018, 07:31:06 UTC
I think they will sell more bitcoin because Chinese people need to redeem bitcoin to buy more items for the Chinese New Year. But I do not think China's Spring Festival will have such a big impact on Bitcoin, for sure, there are other reasons.
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Board Speculation
Re: We are now down 70% and still dropping
by
frery
on 06/02/2018, 07:20:29 UTC
Yes, this is a complete collapse. Even the US stocks are falling. Many people wonder if the financial crisis is coming. But I think this is ridiculous. We need to be calm. If the stock market collapses, it is very normal.
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Board Speculation
Re: Is bitcoin like a Bubble ?
by
frery
on 06/02/2018, 07:09:02 UTC
Do not worry, not just bitcoin prices, the stock market is falling, Bitcoin is not a bubble, the stock market situation are similar, this is not a bitcoin problem, and do not know why the stock market is also down, but I will not worry, I will Continue to hold.
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Board Altcoin Discussion
Re: Panic leads to profit
by
frery
on 05/02/2018, 07:12:58 UTC
It's true! Skilled traders are waiting for that panic selling so that they could buy cheap coins and wait for a while and watch it grow then when the time is right they gonna sell them off and wait again for the next panic selling. Skilled investors are taking advantage from young investors that are always doing mistakes in investing.
You're right, young investors do not have the experience, the kind of desperate adventure courage, but they also lack patience, people are always greedy, to hear others say that bitcoin's profit is very large, thinking they will make money with their own investment, they did not expect to lose, when bitcoin prices began to complain about bitcoin, that bitcoin is a lie, did not imagine so much money, and those experienced investment is very Patience, they never panic, this is the difference.
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Board Bitcoin Discussion
Re: Bitcoin for old people?
by
frery
on 05/02/2018, 07:06:39 UTC
Maybe they can enhance it to teach them how to use the new generation of technologies like computers laptops and gadgets for them to know it how to learn it and understanding it thru themselves
But it seems that is quite difficult. Some older generations lack understanding of technological developments, my parents even just use their handphones to make a call. But my parents always support me, because I always tell them about my investment development in cryptocurrency, even though they do not fully understand.
Consent to your opinion, I taught my parents' computers and smartphones for a week, and they still forget that their learning ability has gradually declined, but I will not tell my parents that I have invested in the development of cryptocurrencies because they will worry about me and will not agree with me because their thoughts are conservative.
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Board Speculation
Re: Your opinion about the fall of bitcoin
by
frery
on 05/02/2018, 07:02:29 UTC
Sometimes Bitcoin cannot be explained using technical analysis. IMO, there are too many fuds recently. Another reason is due to the Chinese New Year in mid Feb, I guess many Chinese will cash out during this period.

But I am confident that Bitcoin will recover later on.
Yes, the Spring Festival is a big festival in China where prices have gone up. They need to buy new goods, new clothes, visits to relatives, etc. Therefore, they need more cash, the drop in Bitcoin prices is most likely due to China's Spring Festival Cashing .
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Board Meta
Re: Its Harder now
by
frery
on 04/02/2018, 10:40:56 UTC
You need to be patient, now it is very difficult to improve the rankings, you have to do is improve the quality of their posts, some levels can give a little very little, if you publish the post quality is not high, others can not give you the message "advantages" .
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Board Altcoin Discussion
Re: I'm very disappointed with myself.
by
frery
on 04/02/2018, 09:24:14 UTC
Very sorry to hear this news, when you encounter difficulties, you can also talk to your family, your family can understand, when everyone has failure and stupid, do not be too concerned, the most important thing is health, ease pressure.
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Board Bitcoin Discussion
Re: Banks will use blockchain
by
frery
on 04/02/2018, 09:05:42 UTC
https://www.ft.com/content/7dc8738c-a922-11e7-93c5-648314d2c72c

Banks are now team up to use blockchain. What is your thought on this guys?
It could affect the cryptocurrency or not?
I do not think it will affect cryptocurrency, because cryptocurrency is also based on blockchain technology, which is conducive to the development of the blockchain is also conducive to digital currency publicity, in contrast, will let people see cryptocurrency than the bank Better, because cryptocurrency is a decentralized transaction that understands users' needs only in contrast to letting the user know which one they want.
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Topic
Board Bitcoin Discussion
Re: One currency One world?
by
frery
on 04/02/2018, 09:01:43 UTC
Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
I think not, the currency must be stable, because other commodities are denominated in currencies, such as bitcoin 30% fluctuations in the day, last week spent a BTC to buy an iphone, this week, consumers find BTC prices rose immediately asked to return if bitcoin Fell 30%, then the business on the loss, the ups and downs are traded at a loss business is unable to price.