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Showing 20 of 154 results by kripkiki12
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Topic
Board Economics
Re: Offline stores that accept payments using bitcoins
by
kripkiki12
on 14/11/2018, 16:12:40 UTC
Sure, and it was pretty surprising! I have seen an ad in the window of a small flower shop that they accept Bitcoin. To me, it was almost shocking as Bitcoin is not that widely known and built out in my country. Even more surprising, that it was in a relatively small town with maximum of 15k people living in it. It was a nice experience though
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Topic
Board Economics
Re: Is this the correct time to purchase bitcoins and al-crypto?
by
kripkiki12
on 14/11/2018, 16:09:17 UTC
I still consider the current as a bear market so maybe it is good to get involved now. I do not expect such a rapid growth like in the past few years, but I believe that it will be the future and prices should go up sooner than later
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Topic
Board Economics
Re: Young people will drive Bitcoin adoption more than the older generation.
by
kripkiki12
on 14/11/2018, 16:06:08 UTC
Agreed, the next generation is socialized on the internet and gadgets. There are some older people who are curious and willing enough to keep up with new technologies, but it will definitely help that while I was playing with toys or maybe floppy games in my childhood, they spend their lives on tablets consoles.
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Topic
Board Economics
Re: Tell us about your experience
by
kripkiki12
on 14/11/2018, 16:02:39 UTC
I cannot consider myself as a crypto-millionaire, but I definitely find the whole blockchain ecosystem pretty enticing. Since I have always been keen on new technologies and I believe in decentralization, I am very curious when and what extent crypto will takeover in several parts of our everyday in the near future.
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Topic
Board Economics
Re: What is the problem of trust in projects?
by
kripkiki12
on 14/11/2018, 15:57:51 UTC
Although I agree that the current ICO market situation is unsustainable, I do not think that simply ban all of them is the solution.

Measures are needed to make the ICO world more transparent and trustworthy. Scammers will always come around especially in this crypto sphere. I believe it should be a minimum expectation for the project to at least have an MVP. Other idea could be to let them raise funds after certain milestones in the roadmap, making sure that they do not get all the money in the beginning which often makes no interest to develop and that is why many projects are heading nowhere.
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Topic
Board Economics
Re: Blockchain will help Economy.
by
kripkiki12
on 13/11/2018, 15:09:42 UTC
Blockchain technology will play a significant role in many industries from accounting to logistics. I believe there are also more fields that have not been utilized just yet, but will be in the next couple of years.
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Topic
Board Economics
Re: Tax on the crypto currency! What do you think?
by
kripkiki12
on 13/11/2018, 15:05:15 UTC
There will certainly be a clear regulation at some point. Thing is, some governments already took time and took measures while others simply not paying that much attention to crypto just yet. I believe there will be a cross-country regulations in the near future
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Topic
Board Economics
Re: Diversify Investments
by
kripkiki12
on 13/11/2018, 14:59:51 UTC
I hope that the whole ICO ecosystem will eventually be more transparent and better regulated. There are tons of projects that are leading nowhere, some of them do not even have an MVP. Until that, Bitcoin might be safer than altcoins
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Topic
Board Service Discussion
Re: How Do You Safely Secure Your Crypto Accounts Passwords Except in You Mail
by
kripkiki12
on 04/10/2018, 15:30:03 UTC
I know it is not very 21st century, but keeping your password written down to somewhere (maybe a book) is still a viable option for me. Of course, the negativity is that you do not access it anytime anywhere
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Topic
Board Securities
Re: Tell me what you think
by
kripkiki12
on 04/10/2018, 15:27:43 UTC
I would advise that first create a proper business plan or just sit down and think through where you want to get to. You might come to a conclusion that you will not need an ICO at all because it might cost you more (and not just money but other resources) than you can profit from it
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Topic
Board Economics
Re: Who controls the market?
by
kripkiki12
on 04/10/2018, 15:21:34 UTC
The "control" here is different than in the normal financial world as there is no certain authority who takes measures. Here the price is affected by people who buy and sell and also from news in the media that influences people to buy or sell
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Topic
Board Altcoin Discussion
Re: Successful ICO Experiences
by
kripkiki12
on 04/10/2018, 15:16:19 UTC
I think it is not only up to the project itself. In the current market no matter how great a project is with actual vision and good team, it probably will not perform as well as many ICOs did in the beginning of the year. Utrust for example had 10x plus compared to ICO in January, and you can check where it is now
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Topic
Board Altcoin Discussion
Re: PURPOSE OF TOKEN?
by
kripkiki12
on 04/10/2018, 15:13:48 UTC
Depends on the project, there are mainly two types of coins:

-security token: it acts somewhat like a regular bond, investors might even get shares and profit comes from the performance of the company

-utility token: it has a more real-life purpose, for example crypto casinos, where you use the tokens to play black jack etc.
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Topic
Board Economics
Re: Apart from trading where else to use crypto?
by
kripkiki12
on 04/10/2018, 15:06:39 UTC
I cannot see the actual purpose of most altcoins either, maybe the exceptions are the gambling and casino platforms where you play with the tokens
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Topic
Board Economics
Re: How Long Crypto market will take to recover?
by
kripkiki12
on 04/10/2018, 15:01:49 UTC
Tough to predict honestly. I always felt that it should recover by the end of the year just like in previous trends but I am not so confident about it anymore
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Topic
Board Economics
Re: Crypto replacing fiat?
by
kripkiki12
on 04/10/2018, 15:00:27 UTC
I do not see crypto totally replacing fiat anytime soon. Besides the concerns we are too much used to fiat to rapidly replace it. I rather imagine a co-existence here
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Topic
Board Economics
Re: Can Bitcoin really stabilize any country's economy level?
by
kripkiki12
on 04/10/2018, 14:47:34 UTC
I don't think so. Bitcoin and rather blockchain can be useful in many terms, but to stabilize and enhance a whole economy you need to take many more factors into consideration.
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Topic
Board Altcoin Discussion
Re: ICO scammers, Sell your uploaded KYC ID documents, adress for a lot of money.
by
kripkiki12
on 28/09/2018, 13:56:23 UTC
It is a serious question for sure. You should look for trustworthy sites, however it is often hard to decide which one to trust. If you unconditionally want to go through a certain KYC process for less known company for some reason, you might just consider requesting a new ID from authorities. That would make the old one useless I guess
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Topic
Board Securities
Re: Legal Ways of Running a Crowdfunding Platform
by
kripkiki12
on 28/09/2018, 13:51:39 UTC
In the crypto world it is a bit different I think, as in most countries cryptocurrencies are not or only partly regulated. In many areas it does not even counts as real money just yet
Post
Topic
Board Marketplace
Re: Selling items online for Bitcoin or crypto
by
kripkiki12
on 28/09/2018, 13:49:04 UTC
There are many online markets accepting BTC, Alibaba for instance if I remember correctly. Crypto should be accepted in more and more stores going forward