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Showing 20 of 262 results by ipungadhi
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Board Economics
Re: The future of the paper money
by
ipungadhi
on 26/06/2017, 01:58:47 UTC
I was scared for the future of paper money, because if the crytocurrencies not stopped to become famous in the whole world. Sooner of later paper money has been vanish, but I don't expect that it happen due paper money was symbolizing each country.
Paper money is a symbol of the currency. So I think though bitcoin or other digital currencies are becoming popular and widely used. I'm sure it will not make paper money disappear but certainly users will use more digital money
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Board Bitcoin Discussion
Re: The power of Bitcoin
by
ipungadhi
on 26/06/2017, 01:56:04 UTC
Buying at a price of $ 1000 and selling at a price of $ 2500 is still not considered strong for bitcoin?? Grin
I might say bitcoin is a strong currency when bitcoin prices are not easily manipulated. Of course the reason is because the user is very much and can not be manipulated again by somebody and bitcoin is really independent and I can call it strong
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Board Speculation
Re: Will Bitcoin die soon?
by
ipungadhi
on 26/06/2017, 01:54:36 UTC
Of coarse not,In the status of bitcoin now,its impossible to die because bitcoin is now very useful and very effective now adays.People tend to use bitcoin for their money and income.And many countries accept bitcoin as their money.So its very impossible that bitcoin will decrease or die.
As long as there is a dependent and using bitcoin then bitcoin will continue to live. I agree with you it is impossible if at this time even in the coming year bitcoin will die? You have to see the incredible bitcoin development today
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Board Bitcoin Discussion
Re: Saving bitcoins
by
ipungadhi
on 26/06/2017, 01:53:26 UTC
I agree with you that bitcoin is a good future investment, and as bitcoin develops rapidly this will certainly bring huge benefits to every user who keeps bitcoin as an investment.Maybe a few more years bitcoin price will reach the maximum price.

Bitcoin is rising very highly and it is developing very rapidly.If we save bitcoin what if we become a millionaire because of saving bitcoins.So we should invest in bitcoin and save bitcoins to get high profit in a future.
It is good to save all the time, in bitcoin saving is very important to everyone because value of bitcoin is non stop to go high. We could get big profit in every single bitcoin we have and we know that bitcoin has a great future and we expect that the value is going to increase more and more.
Yeah if you are able to discipline you can continue to save the bitcoin income you get and then keep it.
I'm sure if you do this in a long period of time maybe 1-2 years. You will get a big profit dude?
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Topic
Board Bitcoin Discussion
Re: 10 main mistakes of Bitcoin newbies
by
ipungadhi
on 24/06/2017, 07:06:09 UTC

Mistake : simple those who are not patient and just sell of their btc when they think its crashing
It's because they are impatient. Newbie is always reckless in making decisions, for example when prices change quickly they will think to sell their bitcoin in the wrong position just because they panic and scare?
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Topic
Board Speculation
Re: Will we ever see bitcoin lower than 1000$?
by
ipungadhi
on 24/06/2017, 06:44:35 UTC
Anything can and may happen, anyone not think price bitcoin can reached $2900, but happened, I think $1000 is very likely, this is because the bitcoin many problems.
Let alone the price of fluctuating bitcoin of course all the price could have happened if supported by certain situations. For example there are issues such as forks in addition to other problems and generate panic selling. It is not impossible the bitcoin price will drop to $ 1000

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Topic
Board Economics
Re: Is bitcoin now the strongest currency in the world?
by
ipungadhi
on 24/06/2017, 06:35:56 UTC
No it isn't.
It's still gold and fiat.
But it would be because bitcoin is new.


It has been popular nowadays
and there are lots of supporters
So someday it would have the potential to become strong.

Thats right dude, bitcoin can not be said as a strong currency, while bitcoin is still in the stage of growing and growing. I think fiat is much stronger than bitcoin. Btw I think gold is not included in the currency

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Topic
Board Bitcoin Discussion
Re: Can Bitcoin be used by ordinary citizens?
by
ipungadhi
on 24/06/2017, 06:18:04 UTC
https://bitcointalk.org/index.php?topic=1796515.420
Of course yes, anyone can used bitcoin, even the student, vendor or ordinary people. Even the rich level of people allowed to used bitcoin. Because bitcoin is for anyone or for everyone.
Yes. Everyone is free to use it. No one can use it. I think those people who has lack of money is the most people who needed to use and learn how to use it. Bitcoin might help us very much. It can save them for not having a food to eat. They only need a cellphone for them to earn bitcoin and thats it.
No one forbade you to use bitcoin. Whoever you are from wherever you are, poor or rich you are free to use bitcoin. As long as you have gadget to access bitcoin then you can use bitcoin. No rules so you're free to use bitcoin.

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Topic
Board Bitcoin Discussion
Re: Saving bitcoins
by
ipungadhi
on 24/06/2017, 05:58:25 UTC
Saving bitcoin today will define your future, for me it is important to save and accumulate bitcoin now because i believe that the price of bitcoin will continue to soar high, so everyone should think wisely when spending bitcoin, enjoy today but be ready for the future.
Yeah save always give good benefits. Good for your future or short term. By saving your money will accumulate and that you can use for certain things. Saving in a long period of time will be more useful again because it will generate a lot of money

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Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
ipungadhi
on 24/06/2017, 05:46:31 UTC

I don't know if this article is legit or just some destruction in the internet: https://dcebrief.com/new-u-s-law-to-replace-dollar-with-bitcoin/ but in my own opinion, I don;t think bitcoin can replace dollars that easily. Not in 15 years. Too much to do, too much to adjust.

Bitcoin will not really replace dollars or other fiats that easily, not just in 15 years but in 100 years. Bitcoin is a good currency for the people, but with it's current state now, I don't think it will be a primary currency of one country. And if bitcoin will be a primary currency, replacing fiats, do you think all the people can keep up with it? Not all people are that updated especially about technologies.
I think even 100 years even though it will not make the fiat replaced by bitcoin. I think during the reign is still a role model. Then bitcoin will not be able to replace bitcoin. Because the government will definitely continue to use their own local currency

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Topic
Board Economics
Re: What would happen if Bitcoin became a legal currency?
by
ipungadhi
on 21/06/2017, 05:42:46 UTC

Might help make life better if bitcoin becomes legal currency. Many parties will benefit from bitcoin. But for a country less able to protect value of currency, it may be an inflationary disaster for the country and its people.
Yes I agree making it a legalize currency is not an easy task for the countries though I am sure in many countries the economists will be working on it currently to how to deal with the bitcoin for to making it legal. It will benefit mostly the public because it is something related to the common man. The bitcoin have a very much positive effect on the life of a common man.
Perhaps one way is to make bitcoin users manageable, so bitcoin users can be seen by government and government can provide control and rules. The way is possible with bitcoin bank. With it bitcoin can be legalized #imo
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Topic
Board Economics
Re: New rich people thanks to BTC
by
ipungadhi
on 21/06/2017, 05:40:50 UTC
Basically they are rich now because they invested and they are not easily sell for a small hype of bitcoin as you can in the graph or chart of the bitcoin, The bitcoin price is growing since it was created so if you sell in small hype you will just lose the opportunity so I think they have the patience to wait that's why they are rich now.
Not just the patience it takes to be able to hold bitcoin for a long time. But also their belief in bitcoin. They will be patient as they believe that bitcoin prices will reach $ 2500 someday. And that's what brings them rich
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Topic
Board Economics
Re: Tell me a secret: any way to earn 0.1 BTC per week?
by
ipungadhi
on 21/06/2017, 05:37:45 UTC
The only way you can earn 0.1 btc per week has two options.

1. You will have a freelance job and receive your payment in bitcoin.
2. You will be a good trader and make profit from altcoin trading.

The rest is hard.
I have no doubt that trading altcoin or bitcoin will give you a big advantage if you have great capital and great skills. Because I often invest in my friends. He's good at trading and I get a lot of advantages from him by giving him a little capital
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Topic
Board Bitcoin Discussion
Re: How do you keep your bitcoins?
by
ipungadhi
on 21/06/2017, 05:32:23 UTC
I keep my bitcoin into online web wallet.  I know that many peoples don't gibe a trust for online wallet but for now i haven't any support  equipment to keep my bitcoin into desktop wallet or cold wallet.

Same with me.  I do not have any wallet onlt the wallet I used for about two years now.  And I think it is safe to store my bitcoin in that wallet because before you could actually make any transaction, you will require to have an identification.  Illegal transactiin were blocked, I heard it on some of my friends.  So it is okay for me to just store my bitcoins there.
Honestly i never wear desktop wallet. Because I used to go out so my desktop wallet did not suit me so I needed a wallet that could be carried anywhere and flexible so I could use it without using a personal laptop.
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Board Bitcoin Discussion
Re: Crime funded by bitcoin
by
ipungadhi
on 21/06/2017, 05:31:26 UTC
Crime can be funded with anything: from cash,gold,silver to bitcoin. So all these methods can be hardly traced,not only bitcoin. I don't see any major reason why bitcoin price would decrease if it is used in crimes. Most surely us dollars are used in crimes daily and the price doesn't fall right?  Roll Eyes
I think it's normal when bitcoin is used as crime funded or other illegal activities. Because bitcoin is also money that has a price. And not just bitcoins used for illegal activities but as you say, cash, gold, silver are also used as tools. This is a public secret
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Board Services
Re: ▄ ▀ GoGoOption Signature Campaign ▄ ▀ (jr member ~ )
by
ipungadhi
on 18/06/2017, 18:07:38 UTC
Hello gogooption
I want to change my payout address to 1BdYNNZDV1FrM3AK3HL2bSfUUfPmkL4JyH

Have nice day!
Thanks !
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Topic
Board Bitcoin Discussion
Re: How to explain bitcoin to teenagers or children
by
ipungadhi
on 18/06/2017, 12:49:50 UTC
Maybe if we explain about what bitcoin, teens will be difficult to understand? The way I explain it is to get them to work on bitcoin pay and after that they will understand about bitcoin  Smiley
I prefer to explain bitcoin to teenagers rather than with small children or parents. Because I think teens are more easily taught let alone they have a great curiosity about technology. So they will definitely listen to you talk about bitcoin
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Topic
Board Bitcoin Discussion
Re: 10 main mistakes of Bitcoin newbies
by
ipungadhi
on 17/06/2017, 04:22:06 UTC
Yes to really good article it made me to remember those days I was doing mistake as a newbie I wish I could have found this article in that time. But these article not covered low transaction time so that user get panic for transaction time
Lol i ever experienced it, back then i was a few weeks in bitcoin and i did transaction to exchange. And because the confirmation time is long enough and the balance has not come in, then I panicked and said that the exchange was a scam lol
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Topic
Board Economics
Re: Why Should I Choose Bitcoin ??
by
ipungadhi
on 17/06/2017, 04:18:10 UTC
I wouldn't really advice investing in bitcoin when we see all the shit around. I would wait at least august to see what's going to happen. Doing it now it's not the best thing to do if you planned for a long term. Doing it now, with the current volatile price, you may get a good ROI in a short term but also a very high risk to end with a very high lost
I think the current price is good enough to buy in my opinion because the price had risen in the price of $ 2800 some time ago. And is currently down at $ 2400. This is a short-term gain. But also at risk. You have to be careful

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Topic
Board Economics
Re: Worst bitcoin decision you've ever made?
by
ipungadhi
on 17/06/2017, 04:09:09 UTC
I think we all regret not getting into bitcoin any sooner, but the truth is that even if I knew about the existence of bitcoin when it was not worth as much, there is no guarantee that I would still have them, maybe I would have sold them, or maybe I would have lost them.
Everyone will surely agree that the most frustrating thing is not joining bitcoin at the start of the launching time or at the beginning of the year. If you buy that year you must be rich now. I'm sure many people are getting rich because of the exorbitant prices at the moment