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Showing 20 of 178 results by krky
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Topic
Board Bitcoin Discussion
Re: Why is Bitcoin worth so much?
by
krky
on 07/08/2021, 09:47:02 UTC
Blockchain is a non-traditional, disruptive technology, and Bitcoin has the first mover advantage. It has the potential to be valuable if adopter, or nearly worthless if it isn't adopted. Only you can decide if its worth.
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Topic
Board Bitcoin Discussion
Re: HODL...until when?
by
krky
on 31/07/2021, 13:16:10 UTC
I would recommend holding your bitcoin until your defined exit price. It's wise to have an entry price and exit price if you plan on trading instead of investing.
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Topic
Board Bitcoin Discussion
Re: Paper money vs Digital currency
by
krky
on 28/07/2021, 12:57:49 UTC
What convince me was that i thought Bitcoin was a 'harder' currency than the USD or EUR. Harder currencies mean more valuable and stable like how the Venezuelans use Bitcoin instead of their terrible Bolivar currency. Examining the differences with western currencies is more difficult but that's what research is for..
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin better than Fiat?
by
krky
on 27/07/2021, 12:14:14 UTC
Bitcoin is a decentralized currency with zero government regulation; hence you can use it from any parts of the world without maintaining any strict restrictions or regulations. more flexibility a user can enjoy in the case of bitcoin compared to fiat money.
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Topic
Board Bitcoin Discussion
Re: Reasons to Invest in Bitcoin??
by
krky
on 26/07/2021, 12:01:08 UTC
Many people consider this just the start of the bull market, but.....

None of us knows the perfect time to invest or can predict the price. the intelligentsia of the market is the combined knowledge of all humans and algorithms which is more than knowledge than can anyone can have. Also bitcoin is so scarce that a single wealthy investor can significantly move the market in secret and announced. Rather than trying to time the market,  Let time work for guys...
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Topic
Board Bitcoin Discussion
Re: Mining vs Holding
by
krky
on 24/07/2021, 07:53:49 UTC
Do you think mining is kinda tied to btc? Because back when btc was struggling, people mining were barely making profits after deducting the electricity.

Also, normally do miners hold the earnings in btc or they sell out for fiat immediately?
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Topic
Board Bitcoin Discussion
Re: How did you first hear about Bitcoin?
by
krky
on 23/07/2021, 01:55:05 UTC
The first i heard Bitcoin when my friends talks about it. if i remember " they told me it in around November 2018 or 2019, i'd also seen some mentions of it online before that but never looked into it. oh how i wish i could go back in time..,
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Topic
Board Bitcoin Discussion
Re: What's causing the decline this time?
by
krky
on 23/07/2021, 01:36:12 UTC
The declined have also coincided with the delayed deadline for tax payments, which could have caused selling pressure as investors looked for cash to off capital gains tax liabilities.
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Topic
Board Economics
Re: If we have crypto Why people still buy stocks?
by
krky
on 22/06/2021, 12:42:36 UTC
Investors nervous about the stock market might be looking for alternative investments, like Bitcoin. When considering Cryptocurrencies. though, it's to assess your overall portfolio goals and risk tolerance.
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Topic
Board Service Discussion (Altcoins)
Re: MEW is safe?
by
krky
on 21/06/2021, 14:09:20 UTC
There are lots of scams targeting MEW ERC20 wallets and coins. Be careful, If it sounds too good, Do your research and find reviews and others people's experiences. Don't fall into the trap of "guaranteed mining results." GPU mining can be very profitable if done correctly.
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Topic
Board Economics
Re: Food prices doubled this year
by
krky
on 16/06/2021, 13:10:54 UTC
Depending on where you live, Cheap and Nutritious foods includes eggs, milk, canned fish, canned tomatoes, canned beans, rice, oatmeal and pasta seasonal fruits and vegetables. Stay away from packaged goods as these are the ones with high margins. Frozen section have ground beef and turkey in a rolled up package that can be made pasta sauce, humburger patties and meatballs. Eat whole foods, They are healthy and cheaper than processed foods.
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Topic
Board Economics
Re: How do you define rich?
by
krky
on 16/06/2021, 11:29:31 UTC
First of all, it must be understood that there are different type of wealth.

In the end money is only a means, not an end. the infinite quest of some people to get more and more money leads them to misfortune. indeed, They will never feel happy. They will never be satisfied.

Money is a means that should give you time. time to do what you really want to do day after day.

Real wealth is being able to live your life as your wish day after day. Sooner or later this will lead you to happiness.
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Topic
Board Economics
Re: Own a house or rent one? Quick survey!
by
krky
on 16/06/2021, 04:16:26 UTC
First off, lets get something straight. Renting is not a waste of money. Sure, giving your money to the landlord may mean you're not investing in homeownership. but your paying to live somewhere! And as long as your paying to live, your money is being well spent. Though renting as a way of life is not something we recommend, there are a few situations in which renting is the better option.
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Topic
Board Economics
Re: Can the world be without poverty
by
krky
on 15/06/2021, 11:45:31 UTC
It depends on your definition of "poverty".

If you have an absolute standard in mind ("Daily income more than $10/day in inflation adjusted dollars") then absolutely, yes. Worldwide incomes are rapidly rising including among the poorest of the poor.

If you mean" people in the bottom 10% of the income distribution" , then by definition no. I don't see a way to have all people earn the same amount, at least not with real humans on the real Earth. Maybe in the 23rd century with free energy and replicators but that's far enough from reality as to be irrelevant.
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Topic
Board Economics
Re: Is Bitcoin dangerous for the economy?
by
krky
on 15/06/2021, 10:12:17 UTC
Since there is no central authority Governing Bitcoins, no one can guarantee its minimum valuation. If a large group of merchant decide to "dump" Bitcoin and leave the system, its valuation will decrease greatly which will immensely hurt users who have a large amount of wealth invested in Bitcoins. The decentralized nature of bitcoin is both a curse and blessing.
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Topic
Board Economics
Re: Covid virus 2021
by
krky
on 05/06/2021, 00:16:52 UTC
Many countries have declared restricted measures, such as lockdown, shelter in place, or stay at home orders, to contain the pandemic at a local level. however, the wildly differing responses and response timelines have left people wondering if authorities failed to take the situation seriously early on when they could have done more to slow down the spread of coronavirus.

Working from home may seem like the dream set-up for some, as it offers the possibility to tap into that latent creativity from the comfort of a cozy, familiar environment.

However, it can also bring a unique set of challenges - especially as an enforced measure.
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Topic
Board Altcoin Discussion
Re: what is your opinion on Monero?
by
krky
on 02/06/2021, 10:34:32 UTC
If your looking for the least amount of friction, start with Litecoin.

It's not because the other tokens are bad, but if you want to invest in MONERO, Zcash or XRP, you can't invest directly into it with USD. so because you already have to purchase another cryptocurrency before buying Monero ,Zcash or Ripple, anyway, you might as well start with Litecoin.
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Topic
Board Altcoin Discussion
Re: Which is best Altcoin to buy now
by
krky
on 01/06/2021, 14:07:45 UTC
Ether has been the second largest crypto in the market after bitcoin, and it is no surprise it ranks as one of the best altcoin to trade in 2021 despite encountering stiff competition from other altcoins like NEO and EOS.

But try other Altcoins

- LTC
- XRP
- BNB
- BCH

Remember that investing in cryptocurrencies involves high risk due to the market's volatility. it is best to do your due diligence before investing in a specific altcoins.
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Topic
Board Altcoin Discussion
Re: Give reasons why ETH is better than BSC
by
krky
on 01/06/2021, 09:38:37 UTC
Ethereum is undoubtedly the king of smart contracts right now. every metric proves the domination of ETH network in attracting demand for decentralized apps, at the moment.

the core statistics of both ETH and BSC networks are showing everyday BSC lead in transaction volumes until now. this could prove the statement that people are tired of paying for gas and are looking for a solution that would help them to trade cheaper.

Also, its important not to forget about small traders, who sometimes need to pay half of the transaction volume as a gas fee.
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Topic
Board Project Development
Re: Looking to invest in your Crypto Project
by
krky
on 30/05/2021, 07:11:38 UTC
you've come to the right post for learning more about the importance of a cryptocurrency investment, even if you've already dipped your toes into crypto, it's always good to research the various ways you can improve your cryptocurrency investment. learning more about trading in general and educating yourself regarding the the crypto space is one of the best ways to make sure your investments are well through out.