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Showing 20 of 26 results by frickshow
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Topic
Board Bitcoin Discussion
Re: Bitcoin mining is costly...
by
frickshow
on 21/07/2018, 12:15:50 UTC
Mining is costly because of expensive hardware,mining rigs also electricity price mining is not possible for everyone but who can get these hardware with cheap price,low cost electricity and proper market research then mining is possible. if peoples think they can't mine bitcoins so how market get supply and how fulfill demands of buyers.
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Topic
Board Speculation
Re: What factors make Bitcoin rise again?
by
frickshow
on 21/07/2018, 12:05:07 UTC
Supply and demand is responsible for rise bitcoin price because many investors are getting interested and buying bitcoins in more quantities so less of supply of bitcoin is possible also many countries is trying to regulate bitcoins,this is the possible reasons of bitcoin price hike.
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Board Bitcoin Discussion
Re: Is it possible to have bitcoin shortage?
by
frickshow
on 21/07/2018, 11:48:09 UTC
yes this can be possible in future because more and more investors is increasing day by day and in future bitcoin demand will be more so shortage of supply is possible and in future bitcoin price will fly like rocket and who are buying and holding bitcoin these days they will be in good profit but this is the matter of time but this condition can be happen in future.
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Topic
Board Bitcoin Discussion
Re: What is best wallet for long term bitcoin holding?
by
frickshow
on 21/07/2018, 11:30:59 UTC
hardware wallet and paper wallet is best for long term bitcoin because hardware wallet is not connected with internet and u can access this wallet from private keys. coinbase is a good wallet also this is a old wallet and reliable but i am not suggest u hold long term in this wallet,if u want to do trading with exchanges then u can store Ur coin in exchange like biittrex, poloniex, binance for security u need to create 2FA security.
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Topic
Board Bitcoin Discussion
Re: Bitcoin opening new face
by
frickshow
on 21/07/2018, 11:21:52 UTC
Bitcoin opening new faces for economy because this is a digital currency and many government are planing for regulate bitcoins also many investors are interested for this currency because of price hike in December 2017 also many websites are accepting bitcoins for goods and services & in many countries bitcoin ATM is running for digital transactions.
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Topic
Board Bitcoin Discussion
Re: What is the collateral behind Bitcoin?
by
frickshow
on 20/07/2018, 13:17:39 UTC
There is no collateral for bitcoin because bitcoin is a decentralized and volatile and investors purchase bitcoins and hold till price not move upward and take profit. for bitcoin movement need demand and supply and whenever this happen then bitcoin will be exist in the crypto market.
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Topic
Board Bitcoin Discussion
Re: Is 2018 the year when crypto goes mainstream
by
frickshow
on 20/07/2018, 13:10:30 UTC
I think yes in 2018 crypto will be in mainstream because from last six months market was dead but in July market is moving also people are adopting crypto fast and taking interest of investment in crypto markets also in 2018 we can see many changes in crypto market how business markets and merchants accepts payments in cryptocurrencies and this steps give crazy moves to crypto market.
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Topic
Board Bitcoin Discussion
Re: Bitcoin ATMs – how it works and KYC compliance
by
frickshow
on 20/07/2018, 12:53:04 UTC
Bitcoin ATMs not work like regular ATMs which giving money cash in hand so Bitcoin ATMs transaction will be digital and bitcoin exchanges and wallets takes time for transferring bitcoins whenever transaction not get confirmation on blockchain, if peoples wanna send bitcoins and money then they can send bitcoin or equal money of their bitcoins from bitcoin ATMs.
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Topic
Board Bitcoin Discussion
Re: BITCOIN won't die, period.
by
frickshow
on 20/07/2018, 12:44:09 UTC
Bitcoin price is moving and this is the biggest slap on face who is talking bitcoin will die, they are giving wrong info and make investors panic.
but they don't know what bitcoin history telling us whenever was market went down then definitely in few times recover and we saw a bullish mode
so majority of investors exist in world who wanna invest in bitcoin and supply and demand going perfectly so this currency never die.
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Board Bitcoin Discussion
Re: Is the existence of bitcoins a threat to jobs and national currencies?
by
frickshow
on 20/07/2018, 12:31:25 UTC
yes this is the biggest threat for jobs because including me and many peoples doing full time trading with bitcoins and don't doing job but its not threat for national currencies because peoples are still using fiat currencies in their countries, for bitcoin as a major currency for world wide take times for adapt so we can say bitcoin existence can disturb jobs but not for national currencies.
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Board Bitcoin Discussion
Re: Bill Gates: I would put against bitcoin
by
frickshow
on 20/07/2018, 11:47:24 UTC
Bill gates is always against bitcoin because he support share and  stock market and he think if bitcoin attract investors so no one will buy his shares and he can't manipulate his profit so these kind of rich persons is against but in my opinion bitcoin is a best currency and this can change our future and economical condition.
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Topic
Board Speculation
Re: Are you now going to hold when the market is red?
by
frickshow
on 20/07/2018, 11:27:12 UTC
Yes i am holding but setting stop loss on exchanges with market movements also who sold their bitcoin with low price they are now disappointed and they thinking why i sold many experience holder is Still playing with bitcoin market movements and getting profits one thing always remember right time of hold and sell both are beneficial for smart crypto investors.
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Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin will become the first world currency for buy and sell ?
by
frickshow
on 20/07/2018, 11:20:58 UTC
For bitcoin become world first currency need to wait for government and market adaption because this kind of things take times if we are talking about bitcoin then now many investors are interesting in this currency and slowly all will be adapt it also its transaction fee is low so we can send this currency world wide with small fee.
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Topic
Board Bitcoin Discussion
Re: ~BTC in Medical Industry
by
frickshow
on 20/07/2018, 11:06:11 UTC
I hope this is possible in upcoming days hospitals accept payments as a bitcoins from patients who is taking treatment from hospitals, also we can buy our medicines and hospitals give Doctors, nurses and other staffs salary in bitcoins, if peoples getting treatment from hospitals using payment method of bitcoin then this will be beneficial for economy and cryptocurrency future.
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Topic
Board Bitcoin Discussion
Re: What's your attitude to this?
by
frickshow
on 20/07/2018, 10:56:42 UTC
yes definitely here is two teams supporter and haters of bitcoins and if we talk about altcoins most of peoples buying coins from ICO because they think its cheap and we can make huge profits but many ICO is scams and they loose money so better concentrate on bitcoins and we can do short term trade or long term holds and make profits also if we wanna buy altcoins then choose strong coins first see their development team and their history then invest.
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Topic
Board Altcoin Discussion
Re: I think Hodl is most overrated term used in crpyto
by
frickshow
on 20/07/2018, 10:38:36 UTC
Hold and sell both are complicated words in cryptocurrency terminology because its quite confusing when we need to sell and when hold, many peoples hold coins when their price is up and then they not sell and other peoples start selling coins when market is down because they get panic for loss, from few months we are seeing everyone is using words hold coins but we need to understand when sell a coin and when hold because this is the matter of time.
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Board Bitcoin Discussion
Re: Invest into Bitcoin or bank
by
frickshow
on 20/07/2018, 10:20:55 UTC
Invest into bitcoin because bank never give u good return of Ur investment but bitcoin give u in future if u are planing for long term hold then go for bitcoin. because in upcoming time bitcoin price cross his last ATH and if Ur uncle are not giving u permission then saw them statistics of bitcoin price growth from 2010-11 then convince him to invest in bitcoin.
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Topic
Board Speculation
Re: Bitcoin has really come back?
by
frickshow
on 20/07/2018, 10:09:22 UTC
yes bitcoin has really comeback because in last few months we are seeing bitcoin price was less then 6000$ and now is 7400$ and this the the good news for bitcoin holders but now bad things is all other altcoins are in bearish mode whenever bullish mode of altcoins will continuous then bitcoin will be strong, hope now bitcoin cross ATH price.
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Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
frickshow
on 13/07/2018, 04:29:23 UTC
Always a good time to buy bitcoin I think.
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Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
frickshow
on 13/07/2018, 04:12:49 UTC
What ? That’s a great news. August is no near ... will the price increase drastically or slowly ?