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Showing 20 of 27 results by jetteodo
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Topic
Board Exchanges
Re: Do you think that crypto exchanges are dead?
by
jetteodo
on 11/12/2018, 13:34:06 UTC
Is cryptocurrency dead? As long as cryptocurrencies exist, there will always be platforms to exchange/trade crypto. If you’re referring to start-ups exchanges, they may be facing serious challenges which maybe threatening to their existence. One of the problems the cryptospace is facing is copy and paste and repetition of projects with different names, innovation and creativity is fading out in the space.

Let us compare the older cryptocurrency exchange platforms like (Coinbase, Bitfinex, Bitmex, Kraken, Gemini, Poloniex, Bittrex, Gate.io, and Huobi) to the new ones like (Bitforex, Indodax, Coinbe , Hotbit , DigiFinex). Why are the new crypto exchange platforms struggling to hit the lime light?. Binance is about a year old and has made much impact in the cryptospace, why can’t other cryptocurrency exchange start-ups follow suit?

1. Lack of funds
2. The market has already been saturated
3. No original ideas

The big exchange platforms are gaining more grounds everywhere, this making the space more competitive. Nevertheless, some start-ups are really making much sense and are impacting immensely to the blockchain and cryptocurrency space. For any startup to pave through the crowd, it's idea and technology must be very solid.

One of the start-ups to look out for is BLOCKCHAIN BOARD OF DERIVATIVES, the platform combines both centralized and decentralized features of Blockchain to stay aloof the crowd in the space. This is a all-in-one trading platform, that is going to be welcomed when it is launched.


At BBOD users control the destiny of their own funds. BBOD runs a non-custodial smart contract wallet system where all account balances are held by a decentralised smart contract on the Ethereum blockchain. Centralised entities are too often hacked, BBOD adopts hybrid approach to decentralised safety combined with a centralised trading engine ensures the security of your funds whilst maintaining blazing fast transactions speeds, thereby giving the platform an edge over other exchange start-ups.

This is not the only Crypto exchange that is making impact, there are several others who make making the revolution worthwhile, so Crypto exchanges are far from dead.
Cryptocurrency is not dead, I don’t believe that because people also said something like this before when the price went down and a lot of people kept saying that the cryptocurrency is dead, but that wasn’t what happened. At last the price still went up. I’m very sure that the same thing that happened then will also happen and the price will increase.
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Topic
Board Economics
Re: Do we need a global virtual marketplace for cryptocurrencies?
by
jetteodo
on 11/12/2018, 08:44:43 UTC
I think that we should have a global virtual marketplace for cryptocurrencies without any intermediaries. This would lower the costs of transactions and decentralize the market. What do you think? Is that possible? What are the benefits?
What are you talking about here? Do you mean a marketplace where people can buy and sell anything with Bitcoin? If that’s what you actually mean then there is one already called OpenBazaar, and you can check it out. If that’s not what you mean then I don’t get what you mean, so you mind explaining much better so we can understand. Thank you.
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Topic
Board Altcoin Discussion
Re: New Beginning and a Bright Future
by
jetteodo
on 04/12/2018, 11:19:50 UTC
I believe the dump in the price of cryptocurrencies will not exceed this year. No matter how dip the fall is, we will definitely have a surge in price and soar high  in near future.
This is an opportunity for bounty participants, even for those who are coming in newly to work now, like they are just starting allover, because after this dip will come a pump and it is most likely going to come when you least expected.
Keep up the spirit as it were during the early years of bounty. You will definitely be glad you are still in the system.
I am also expecting some new beginning from the New Year. I do see, the downfall happened this year as an opportunity for all the investors to get into comparatively lower price levels.

For all the bounty hunters, I'm not expecting anything new to happen from new year as no regulations is happening in altcoin / token industry. Without something revolutionary happens, we cannot expect any improvement to happen for bounty participants.
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Topic
Board Trading Discussion
Re: What kind of coin are you waiting for on the pump?
by
jetteodo
on 24/10/2018, 11:08:17 UTC
I choose bitcoin my priorities among us
According from the news i heard bitcoin stable at 6600$
But i don't know when bitcon price stay i believe bitcoin rebond again in the near future
My second choose i ripple because i believe the thought of the CEO dreams for xrp
First would be literally bitcoin since we are trusting it since day one that is why it has reached $20000 because of our speculation on it. Second would be Ethereum of course since it is consider as the queen of the cryptocurrency becausw of its marketcap. My third chosen coin would be essentia, it has done a great project these past few months and really has a potential to play great role in the market.
There are many investors that invested their money in ehtereum and other altcoin. They want growth in the holdings but the main crypto is bitcoin and the investment cap of bitcoin is still on top. Cryptocurrency is the leading crypto in the world and still many people want to invest in bitcoin because of its authenticity and reliability. I really want bitcoin price to reach its previous highest level in this year.
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Topic
Board Gambling discussion
Re: Why not play games online instead of gambling?
by
jetteodo
on 22/10/2018, 12:46:28 UTC

People gamble not just for entertainment because of the chance to win big money. It is entertaining because it gives you excitement even if you lose in the end.

Excuse me but i just can't agree with your statement....
You're saying it gives you excitement when you lose? Cheesy

That's a new gambling style i guess? Roll Eyes
Its quite unusual to see gamblers who feel excitement even they lose all of their money Cheesy. Maybe there are some gamblers who do this kind of action to prevent being depressed I think. Sometimes when I gamble, I'm doing the same thing. Being happy despite of losing all of my money. This prevents me from being stressed and one more, if I have some profit already I already buy some foods so that even I lose all of my money at least my stomachs isn't lost  Cheesy Cheesy
I neither play games online nor gambling because I think both are waste of time and money. It is better to go stadium and play there. You will be physically fit. It is better than playing games online. Visit a casino with friends, you will be mentally relaxed and enjoy a lot instead of gambling online. There is no fun in online gambling and according to me gambling should not be for making money.
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Topic
Board Trading Discussion
Re: buy fast and sell fast
by
jetteodo
on 22/10/2018, 11:11:42 UTC
Naturally, the speculative approach requires an understanding of the properties of the market, the nature of the various trading instruments, long observation of the charts, the existence of a serious, reasonable trading system.
Buy fast, sell fast, it is a short-term strategy characteristic of non-investor traders. Because the trader has the principle of a little profit is enough, then buy again then sell again even though a little profit. The constraints must be large capital and the implementation time must be fast, because the price is not stable. This type of transaction is more dynamic than investment, HODL long waits until prices rise.
Cryptocurrency trading is according to the market situation. You cannot buy and sell fast. First you should see the price of bitcoin. If you think that it is right time to buy some coins and it will give me some profit in the future, then you should buy, but keep in mind that demand in these days is low and selling is not as easy as you think. You will not find buyers easily in the market.
Post
Topic
Board Gambling discussion
Re: Does this sound realistic?
by
jetteodo
on 20/10/2018, 12:04:24 UTC
There are indeed professional gamblers out there, but it takes lots of practice and learning, and it's definitely not something for everyone. You've got to have lots of discipline to make money from gambling, and an ability to adapt to change- this Reddit thread features a person that is supposedly a professional gambler answering questions about his occupation and other things, and I think this is a relatively interesting read, but it's going to take lots of time to gain the skills to make money from gambling; again, people put thousands of hours into this, and it's definitely not for everyone.
Sometimes, when we talk about professional gamblers, I actually have only seen most people who just managed to get lucky at the end of it all, and in that case, when you have to compare that to a lot of people who were never lucky, you will get more of the latter than the former.

People tend to make the mistake of trying to want to win something big from gambling because they have heard some people winning huge amount of money, but one thing I want to clarify is that, when 1 person is winning, 99 others are really losing badly which is why the chances of winning will always be something difficult to come by.
If we see the verdicts of gambling we will find it bad. it is not easy for everyone to make money from gambling even skilled gamblers lose their money due to regular gambling. I have seen thousands of gamblers that lost their money although they also have won many times but in ambling the worst thing is greed. When a gambler wins he greed for money and finally loses all his money.
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Topic
Board Trading Discussion
Re: What makes a successful trader, not a gambler?
by
jetteodo
on 18/10/2018, 07:56:43 UTC
A successful trader is a person who creates lots of plans and backup plans which can be use once there is a conflicts or struggles happen in their trades through this all things are well planned and not rely on the luck of a person. They are not a gambler but a smart people that should be idol off.
A successful trader is a combination of smart, brave and good luck. These three factors must be balanced with knowledge, so they must explore and understand the characteristics of bitcoin and the positive and negative sentiments that affect prices. Dare, meaning making a decision to buy or sell based on his own calculations without following the opinions of others. The third is luck, it is God's will.
There is a lot of difference between gambling and trading. Trading is a business and gambling is just a way of losing money. Strong determination, consistency, hard work, experience, skills and trading techniques will make you better and successful trader. If you have complete knowledge of the market trend you can make good profit from trading.
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Topic
Board Economics
Re: What would happen to banks?
by
jetteodo
on 17/10/2018, 11:59:08 UTC
right I agree with you. banks are still needed even though the cryptocurreny has taken over the world. because the function of banks in people's lives is very important. our bank to save money and also where to get a loan. the bank collects funds from the community and is managed again to be channeled to the community again. if there is no bank we will have difficulty finding capital loans. and I think banks and cryptocurrency can work together to support each other.
When a cryptocurrency exchange me all the facilities of keeping my money safe, transactions and easy withdrawal, then I do not need any bank for my money. When the local markets start accepting cryptocurrency and people nearby use their cryptocurrency in their local markets, the role of the banks will finish and it will be difficult for them to survive, eventually they will start crypto trade.
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Topic
Board Gambling discussion
Re: What is the highest lost you have made as gambler?
by
jetteodo
on 11/10/2018, 12:28:46 UTC
I never bet to many money on cryptocurrencies. But i also made some huge losses. The most of them just because i dont want to sell and hold the coin, and now they are worthlesss. As example the ETHgas airdrop coin. Before the pump i buyed some for some dollars. On the peak i could sell it to one ethereum. But this time the ethereum blockchainw as totally overleaded so i could not make any transaction, and i think it hodl it because it will be worth a lot more.
I always bet small amount which is in my range and which I can afford. I never put big money in a bet because I know that it is very risky and the winning chances are few. I will lose my money. I lost several times I don’t remember that, but I also won several times. I never kept records of winning and losing money because it is not my regular business.
I think that losing cryptocurrency in gambling means not only losing money but also losing a source of income. Cryptocurrency is a business and you can make good profit if the price rises, therefore I think that one should gamble only in his local money. I also lost many times but I don’t remember how much I lost because I never assumed gambling as making or losing money. I always gamble for fun and enjoyment.
Yeah it is right that cryptocurrency is a source of making money. If you trade in crypto or hold your coins for some time, you can make good money. It is much better than losing coins in gambling. If you want to gamble you can visit a regular casino and spend some time there with your best friends but never think that you can earn money from gambling.
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Topic
Board Marketplace
Re: Cryptocurrency market to suffer from strong correction
by
jetteodo
on 06/10/2018, 10:50:17 UTC
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
Don’t trust all these predictions, they are never correct. When price shows a little sign of increase you will start seeing them coming in with predictions that price will rise 90%, but if that doesn’t happen and you see price falling down instead of going up as they predicted, they will change the topic to telling you that rice will fall 90%. What these people do is just to confuse people and if you keep on with them it’s going to be a big failure.
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Board Gambling discussion
Re: How many hours a day are you spending on online gambling?
by
jetteodo
on 06/10/2018, 09:55:17 UTC
At this time I can reduce the time I use for gambling. Too long struggling with the same activity ultimately lead to boredom. Now I prefer to use most of my free time for other activities in the real life, especially hanging out with my peers.
I am just a time spender and not addictor of gambling, therefore I just gamble once in a month, because I think that continue gambling will take all my money and will ends up my income source. I just give an hour to online gambling and that is not for making money. Gambling is not a business from which I will earn lot of money rather I just pass my time.
It is good to reduce your gambling time. Regular gambling will lead to addictions and also lose of money. Giving much time to other social activities will prevent you from gambling and you will be mentally relaxed and satisfied. I spend most of the time with doing small works of my home and with my children. I just gamble once in a month and that is because of my friends.
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Topic
Board Speculation
Re: Will Bitcoin Reach its Bottom?
by
jetteodo
on 02/10/2018, 09:53:50 UTC
I disagree with this view. I don't think there is a bottom line for cryptocurrencies. Many people say that mining prices are the bottom line, but I don't believe it, because when bitcoin falls quickly, miners will choose to stop mining instead of buying bitcoins!
Yeah you are right just as nobody knows the top price of bitcoin; nobody knows the bottom price of bitcoin too. Price depends upon the investment capital; if the demand for bitcoin increases and people put their money in bitcoin the price will go up and if people do not invest in bitcoin the price will automatically drop because of no or very less demand.
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Topic
Board Economics
Re: How to save money on a long-term period
by
jetteodo
on 01/10/2018, 07:41:12 UTC
To save money on a long term period, you can choose to invest in the large cap coins on the market, thus the first 10 coins on the market. Any of the top 10 coins is more than capable of rising up on the market due to the large investor-support they've got. Those coins take on the rises gradually, hence are very good coins for long term keeping of money and making profits as well.
The question is not where to invest, but how to save money. You can invest anywhere you want but the problem is that how to save money. When you have money you will invest it somewhere, but if you no extra money how can you invest? We should reduce our daily expenses and avoid unnecessary things which need money. We can save that money easily.
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Topic
Board Speculation
Re: Bitcoin Price
by
jetteodo
on 29/09/2018, 08:04:24 UTC
Many people miss the year 2017 December 16 that bitcoin reached $19,343.04 but now bitcoin is only $6,497.37 so the question of this how we can help Bitcoin to get back to its price again ?
As you write, many people missed December 2017, but they also missed the years before the bitcoin was $ 250 and then for $ 1100 per month. That was about 2014 or the end of 2013. From my point of view nothing terrible happened, history is repeated. Of course people who bought for $ 19,000, i can only recommend not to sell and take it as a long-term investment. And what can we do to increase the bitcoin price ? Do not just sell at the current price. New incentives will come, and new investors, there will be countries where the bitcoin will be traded and it will start the btc price again.
I think that the price of bitcoin will remain the same atleast till the end of this year. In the next year the atmosphere may change and people may put their money in bitcoin, but in current situation we see big dip in the price. The whole year of 2018 is very bad for bitcoin so far and hopes that the next year will be good for growth. Just hold your coins for some more time.
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Topic
Board Speculation
Re: Bitcoin (BTC) down $200
by
jetteodo
on 28/09/2018, 09:34:46 UTC
Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price
We should understand that this market move in cycle and you have to understand this in other not to take wrong decision during investing.  Now is the time to buy and those that have buying mindset will make money in years to come.  Bitcoin may likely still going down but you should see it as the time to buy.
This whole year is not good at all for bitcoin price. There is no big change in the price and all investors are unhappy with this bearish situation. The end is not coming and if this situation continued for some more time bitcoin will decrease its value in the market and people will withdraw their money and will never come back to it. that will be the end of bitcoin.
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Board Bitcoin Discussion
Re: My country banned bitcoin. What I can do ?
by
jetteodo
on 02/08/2018, 11:31:54 UTC
I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

We cannot really pleased everyone even the government themselves for creating this kind of acts of prohibiting cryptocurrency especially bitcoin in their country. Possible reasons of it is the threat of cryptocurrency especially blockchain to an specific industry. We may not know. Or even the riskiness of such, that we all know, cryptocurrency is the most risky industry among all. In regards to your concern, make it more safe. Bitcoin and Cryptocurrencies is illegal there. So you do not have to make yourself strong and brave enough. Just be wise and think that it is illegal.
That is not a good news to hear about bitcoin, but I think that there are a lot of other counties who have banned bitcoin but still the number of bitcoin users are too much there, I think that very little countries are providing the opportunities to people to use bitcoin for different purposes, but still I think that in most of the place people are using bitcoin for investment purposes only.
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Board Trading Discussion
Re: What you should do when you lose most of money?
by
jetteodo
on 02/08/2018, 10:32:21 UTC
If it happened that you lost most of the money, then you need to stop trading and begin to do an analysis of all trade transactions. You need to understand the mistakes.

In my own opinion, if you already lost your money then just continue to trade because you will still have the chance to gain it back in this way since the volatility of the market is necessary for every traders to earn profit.
Yes no doubt that you should continue trading and should not quit it forever, but I think that you must change your strategy and planning about trading, which is already causing a lost for you, and through this ways you will surely convert your lost into profit.
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Board Trading Discussion
Re: Daily trading or Holding Cryptocurrency for long time
by
jetteodo
on 02/08/2018, 10:04:59 UTC
I like to take risks even when the market is falling. but I do it only on strong coins. I don't mind making an investment in coins that nobody knows about, but only at a time of General growth
as it is today, I am also willing to take risks when altcoin prices go down. I prefer to hold in the long run, because it can make a big profit. but not a few who take advantage of this moment for trading every day.
To me I think that both day trading and long term investment both are good, but it is depending on some factors, for example your experience, your interest, your investment and the also on your study. If you are good in these factors then no doubt that day trading is far better than long term investment.
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Board Trading Discussion
Re: HOW TO GET INSTANT PROFIT FROM TRADING?
by
jetteodo
on 02/08/2018, 09:36:49 UTC
You're not assured of getting an instant profit always. If you're a newbie you have to be extremely careful with this strategy. FUDs  or bad news can easily cause a dip and you may not be patient enough to wait for the next rise. It's better to be a patient trader.
Instant profit is possible from trading and specially from day trading, but it is not 100% sure, it require a lot of study, experience and trading skill and also a good luck, if you have all these abilities then no doubt that you can make a good and instant profit from trading.