Search content
Sort by

Showing 20 of 48 results by grobura
Post
Topic
Board Off-topic
Re: Are you buying bitcoins? Why?
by
grobura
on 25/04/2017, 06:33:19 UTC
I bought when price of bitcoin went down to $900 in past few weeks and that was a good move as now price is at $1300 so I have already made some good profits from it but I will prefer to hold them for even some more time.

I also buy bitcoins at a time when the price goes down. After every bad news, prices usually fall and all newcomers panic.
Now I can sell bitcoins at a high price and I will have a profit
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin digital gold or digital cash?
by
grobura
on 25/04/2017, 05:48:57 UTC
Bitcoin is digital cash, but his potencial is very above then the gold, soo some people does use bitcoin to store value against their fiat currency, as well used for saving purposes as well investment at the same time. For me bitcoin is the digital gold, with amazing potencial to grow.

Yes, bitcoin has great potential. I see that the popularity of bitcoin grows every year. And many companies are implementing the system of blocking. For me, bitcoin is digital gold.
Post
Topic
Board Bitcoin Discussion
Re: How many ways are there to earn bitcoins?
by
grobura
on 25/04/2017, 05:44:47 UTC
Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.

Besides trading, are there any good method to earn bitcoins?   Thanks.
Trading is already given in getting profit here, aside from that we had also signature campaign which you need to apply first and do their rules first before they'll accept to be part of it. Or you can buy some coins in the ico were the coin is really potentials.

You can earn good profits from ICO if it performs well after getting listed on trading sites and for that you need to do good research and make sure that it is not a scam and apart from that I think signature campaign and trading are the best ways to earn bitcoin.

A subscription campaign can not make a big profit. And trade is a very good source of income. But we must remember that trade requires a lot of effort and time.
Post
Topic
Board Bitcoin Discussion
Re: How to make governments accept bitcoin?
by
grobura
on 25/04/2017, 05:39:47 UTC
I think government need to study more about bitcoin and how it works. Because bitcoin its not easy to use an entire city that that they not study about it. And maybe they not adop bitcoin because some people are not use technology and they don't know how to use modern technology.

Yeah, governments needs to integrate Bitcoin and Fiat in such a way to use it together. It should be in a way that both fiat and digital currency work side by side with no loss in government revenue.

I'm not sure that the government is ready to take bitcoin. This is especially true for poor countries. The economy of poor countries is not ready to accept bitcoin. In such countries, bitcoin will kill the economy
Post
Topic
Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
grobura
on 25/04/2017, 05:28:21 UTC
Money is nothing more then something we have given value to and is small and easy to carry and use everywhere. You can trade money for anything you want since it has value. Bitcoin is the same since it also has value but usually Bitcoin is seem more as an asset like stocks. That's why the exchanges are basically digital stock markets.
Correct sir, in real money all people can able to used it even poor people they can while in bitcoin limited people can used it because not all people can afford gadgets to access bitcoin.
For now bitcoin is much better to invest than using real money because the value of bitcoin now is very high and it was continuous increasing, more investor now start to add some amount of money as bitcoin investment.
If you will look at the bigger picture, you will see that majority of the world's population are still poor and because of their status in life they will not be interested with the newest technology, their main purpose to live now is just to earn money to buy food at the very simple way that they know.
That's true, when one gets the basic requirement he/she focus towards the next level of growth. There are people who are struggling to find even a one time food. In such scenario technology aspects won't make them attracted to it, though it provides them some earning access.

If a person cares about his future, then he is ready to develop and master new technologies. I, too, live in a poor country, but I find the time and desire for training. I believe that this will make my life better and richer.

Now I'm more interested in bitcoins than fiat. He is more promising
Post
Topic
Board Bitcoin Discussion
Re: Do you agree with idea "Bitcoin bank" ?
by
grobura
on 25/04/2017, 05:20:40 UTC
Yes I agree with the idea of bitcoin bank because of the security reasons which of our money that has very good foundation, unlike with online wallets which is very prone to hacker attacks. If banking will implement this ways of digital currency it should be an offline system and you can only access your account prior local system transactions made personally in the bitcoin banking system in order to prevent bitcoin stealing, like possible bank robberies which there is no fiat cash form of money.

Yes, if such a bank were given a guarantee of that, then I will not lose my bitcoins and get a profit, then I am also ready to use this bank. Only I do not want to pay high commissions
Post
Topic
Board Economics
Re: Are Central Banks Losing Control?
by
grobura
on 23/04/2017, 17:07:16 UTC
Any entity without reasons will not survive and I believe this is time for banks to change themselves. By considering bitcoin as game changer, we can expect the total banking concept itself may get fade away. When people are not finding their comfort with banking system, it would be obvious that banks will lose their dominance.

Hmm,  Banks exist because of a reason, certainly bank will survive.  They are critical for to the stability of world wide financial system and the government themselves won't allow it to collapse.  We can  see Bitcoin long faded but Banks, never.



Central Banks maybe losing control at this point but they are always evolving, changing policies and rules to adopt for the current situation,  they are even backed by the government legislation to make sure that they are always strengthen.  Once they had adjusted, they will again regain control.

I also think that the banks will survive. They are controlled by the government. Banks control the distribution and flow of maternity money. Without them, the functioning of the monetary system is no longer possible.
Post
Topic
Board Economics
Re: Is bitcoin dead?
by
grobura
on 23/04/2017, 16:43:12 UTC
If you look at the growth trend over the past few years, you can see that bitcoin is alive and will live. These conversations are all aimed only at sowing panic among users and this all has certain motives.

I will support this answer of yours, it is obvious that so far bitcoin price value was 1266$ right now. which is literally high, but if you believed  like what others community said here bitcoin will become 10,000$ someday well we nee to buy it more as long as we can afford to buy it, before its too late.

And I will support you. Bitcoin is alive and will live. The price may fall soon, but then it will recover again. Bitcoin has a lot of potential. The more it becomes more popular, the higher its price
Post
Topic
Board Economics
Re: Invest your bitcoins.
by
grobura
on 23/04/2017, 16:41:05 UTC
I stay away from gambling sites because I believe they are rigged to make you loose and take your bitcoins. But I do invest in bitcoin lending sites. Lending for interest is safer because we can take legal actions when the borrower doesn't pay out.
I agree. Gambling only makes your money disappear and the more play the more money you lose. Only experts know how to maintain their income everyday with gambling. IF you are not good in calculating and drawing strategy, you should stay away from gambling/
yes most of the people says that gambling do not require any skill or experience, but to me i will like to say that still there are some formate of gambling where we need to use our skill and experience, for example in sports gambling we are not totally depending on our luck, but we also need our skill and experience.

You can expect some profits from sports betting if you have a good knowledge of that sport and if you follow it from a long time as you will be aware about the strengths and weaknesses of the teams or players which will make easy for you to know what will be an end result.

correctly, with good knowledge, you can make a good strategy and you can make the right decision to choose the teams or players. there will be big opportunity for you to win the games with easy and you can have your winning in the end of games. if you have experience, your chance is more big but you need to think if the games is not works like what you want so i think you need to make back up strategy to cover your loss.

There cannot be any back up strategy as there is only two possibilities in gambling either you win or you loose and you may recover your loss in next game but once you put your money in gambling and if you loose then its gone forever and you cannot recover it back in same game.

It seems to me that in gambling, even experience will not help win. All machines are in the mood to take money from you. Therefore, neither experience nor knowledge will help you become rich with gambling
Post
Topic
Board Economics
Re: how much do you earn with 25$ investment
by
grobura
on 23/04/2017, 16:38:02 UTC
hi
how much do you earn with 25$ investment, i started and this money doubled in 7 days.
i usually sell games and program license Smiley

chapter 1 of my e-book for free:http://uploadboy.com/e0d9fx71yi1x/634/pdf

Having 25$ as an investment was a good start for me, especially in investing on trading it will be a good start. But I cannot say how much would it be the profit in one, the answer is in your hand if you think you are good enough knowledge in trading you can make it more than that amount.

Yes your results will depend on the knowledge that you hold about the trading and what coin you choose for making an investment and if you choose a right coin at a right time and if price pumps then it can give you better profits beyond your expectations.

Is it possible to get a big profit with such a small amount? This is very small. You can start trading with 25 dollars, but there is no point in this. At a minimum, you need to have $ 100 to see the profit
Post
Topic
Board Economics
Re: Can we Manipulate Bitcoin price?
by
grobura
on 23/04/2017, 16:35:14 UTC
I think depending on the strength of our money, if we have stock of the bitcoin dominant than circulating in the market then we easily manipulate the price of the bitcoin.

The people that holds a lot of bitcoin can have the power to manipulate the price of it. And we know on how the whales are manipulating the market and there are pump and dump groups that are helping each other to get some decent profit. There is a way to manipulate bitcoins price but it is not that an easy thing if you only have very few.
I think big capital will still be difficult to use to manipulate bitcoin prices. If they do not have a good plan. One person is not enough to manipulate bitcoin prices

When you have a big capital, it's pretty obvious that others have a big capital also. Your chance to manipulate the
price is when you have a big percentage of holding on the pie or the total circulation to make it simple.

I do not think that there are a lot of such holders of a large number of bitcoins. And this means that in fact, only a few people in the world can manipulate the price
Post
Topic
Board Economics
Re: Future of Bitcoin Economics
by
grobura
on 23/04/2017, 16:30:55 UTC
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
We can't predict what could be the future of bitcoin. To earn bitcoin they have many ways to do that trading, mining, investing, gambling and many more. Bitcoin prices is not stable so that prediction did not help to know when is the right time for buying and selling. From the other side for payment we can't predict to use it for other transaction so that no one will know what will be happen for the future of bitcoin.

You are right - it is impossible to predict the future of the bitcoins. Therefore, we need to use what is now. Bitcoin is a good product and you can make money on it. MLM is very developed on the basis of bitcoin. There you can make good money
Post
Topic
Board Economics
Re: Bitcoin can not replace fiat
by
grobura
on 19/04/2017, 16:25:34 UTC
I think its safe to say that bitcoin will never replace fiat in our lifetime. The currencies are matter of faith, and for the moment bitcoin will remain a side player. Will it continue rising in popularity? I think yes. To the extent that it becomes successful, it will serve as a complement to fiat currencies, as well as other cryptocurrencies.

Yeah bitcoin will become more popular in future but people will prefer to use it as a secondary currency and will use it only for online purposes and to buy anything offline they will choose to use fiat as fiat is widely used and accepted in compare to bitcoins.

Bitcoin will not replace fiat but after knowing bitcoins people will reduce the usage of fiat for sure as even now people prefer to shop using credit cards so once they are aware about bitcoins they will surely switch to bitcoins for making payments.

Yes, I also think that this will happen. Bitcoin will remain an alternative currency. And according to popularity, it will yield a little to the Fiat. And if bitcoin becomes more popular, soon many shops will take it
There is no overnight success for bitcoin, we have to wait for the right time in order to see a good price and that will happen
if you will hold on. The development is very fast for bitcoin and i see a good future on it, so if you want to invest, start it now.

Bitcoin can replace Fiat, but it will not happen very quickly. You are right, it takes time. And I still hope that bitcoin will stand all the tests and become very popular in the future
Post
Topic
Board Economics
Re: How to teach kids about Bitcoin?
by
grobura
on 19/04/2017, 16:20:08 UTC
There is too much risk in making them known into this currency.
The risk of making their way to porn or to gambling.
So I would rather not teach it to them and let them enjoy their childhood preserving the innocent minds.
There will come a time that they will know about this but not now.
They could play games but not bitcoin games with advertisement that you dont know what will pop out there.

I do not think that children will understand bitcoins to the extent that they understand that these coins can be used in a bad way.
But, I agree with you - the children do not need to know about bitcoin. I do not know why they need it
Post
Topic
Board Economics
Re: The future of the paper money
by
grobura
on 19/04/2017, 16:16:11 UTC
I think that paper money will cease to exist in the next 5 years. And the government will accelerate this process. After all, paper money is very difficult to control. Therefore, they will be digitized
Post
Topic
Board Economics
Re: I hate Cryptocurrency
by
grobura
on 19/04/2017, 16:12:30 UTC
I think simply placing a BTC address is a lot better than signing up on an ad campaign to fill the site with trash.

I will just leave this quote of yours here

When you later enroll in a signature campaign yourself (which I'm sure you will do after you gain enough activity over time). Nevertheless, you still didn't explain why you added a Bitcoin address in your sig space if you hate crypto so much. As to me, this is illogical or even hypocritical in some sense. Do you want to get tipped or what? I still think that you lost some coins in trading or your investment got busted, and you feel frustrated now

I agree with you. It seems to me that the author just wants to draw attention to himself. And so I wrote the name of the topic, which is interesting to many.
Those who really hate cryptocurrency, just stopped using it and left the forum.
Post
Topic
Board Speculation
Re: I will not Die Untill Bitcoin will reach at Least 50K
by
grobura
on 19/04/2017, 16:08:49 UTC
I am afraid to break it to you, but you don't get to decide when you die. You might die when Bitcoin is 2k or maybe 100k. Who knows?

Yes, indeed, who knows things will turn to big in few years. But to think OP, how old are you now to wait for 50k per bitcoin? And are you holding big amount of it now? If yes, that is great waiting for big profit Wink But you need to live till the day bitcoin is that much amount. Wink

Yes, we'll have to wait a very long time. I do not think that one of today's living people can live to such a time. This is a very high price, which can not grow in a short time
Lol bitcoin will be died on the year will became 50k per 1 bitcoin you dont need to wait for that long i promise or no one can tell if bitcoin gonna die this year or 5 years from now on. If you guys holding bitcoin then much better to do buy and sell while you are waiting for the big pump comming Smiley

I would not have agreed with you before. I used to keep the bitcoins for a long time. But then I changed my mind. And now I regret that I did not sell bitcoins before the recent price drop
Post
Topic
Board Economics
Re: How many Bitcoin do you have saved?
by
grobura
on 19/04/2017, 16:01:53 UTC
I have 0,384 bitcoins. Not much, is it? I lost a lot in HYIPs and some invested in MLM. I am sure that in a short time I will have many bitcoins
Post
Topic
Board Economics
Re: The fiat-money bubble!
by
grobura
on 19/04/2017, 15:59:56 UTC
No one can predict what exactly will happen in the future. In the event of a nuclear war, they can turn off electricity and the Internet, no currency will have value.

That is so true, and thats why i own a safe at home stocked with gold, silver and canned food haha! Wink Diversify, never believe in just one thing as nobody can ever now Smiley
Just don't let anyone know. Study shows that most preppers wouldn't survive with all their stacked food and gadgets because in case of a collapse scenario they'd quickly get raided and robbed, maybe also killed in the process.
Bitcoin can be called a bubble, because its price will depend on acceptance. It's now worth more than it should be because people believe in it, but it all could change within weeks.

If you look globally, then any currency can be called a bubble. People just decided that these pieces of paper have value. And everyone agrees with this. This of course is meaningless when there is a war
Post
Topic
Board Economics
Re: What is your best investment strategy?
by
grobura
on 17/04/2017, 20:38:20 UTC
I invest with quite risk on my side.I always take risk in any investment specially at hyip or high yield investment programs online now.I try to be one of the first investors of the site so i can assure sure payouts in the site.And when i got the profit i transfer it immediatly to trading sites and focus on it and wait for another site

But isnt that too much danger? You already endanger your funds by investing in bitcoin and trying to risk them more.
I admire the courage but not all people will do that. I dont say it is stupid and if you are getting profit from it then why not.
But you will not take away that thought of what if it went down in just a day to where the time you invested first.
Kind of wasted money there.

I do not trust HYIP anymore. I was one of the first investors, but I lost money, because the project did not work for 20 days.
Therefore, I invest small amounts in different projects