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Showing 20 of 224 results by luckyluigi
Post
Topic
Board Economics
Re: Bitcoin and Disable person
by
luckyluigi
on 24/08/2018, 21:30:22 UTC
This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.

This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.
Well, this is a pretty good idea, because they can not work in normal work, and the money they give the state does not have all their needs. And so, it's a good income and the ability to postpone some kind of travel and treatment for the future.
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Topic
Board Economics
Re: Will the bitcoin be outdated by another currency?
by
luckyluigi
on 24/08/2018, 20:44:58 UTC
I'm not sure, maybe after many years and so, although this project invests a lot of finances and time, therefore, most likely it will not allow it to collapse. Does anyone come up with an unrealistic project, which invests in an unreal amount of money, then yes. But I do not even realize it should be a project.
Post
Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
luckyluigi
on 24/08/2018, 20:44:29 UTC
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
I mean this sounds just silly, because if you are not confident in the price movement Direction tomorrow how can you offer the deposit which means that money will grow in amount and value?
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Topic
Board Economics
Re: What is the best Cryptocurrency to Invest?
by
luckyluigi
on 23/08/2018, 11:23:31 UTC
In my humble opinion bitcoin is the best cryptocurrency in the world. it is still having a perspective given after 10 years of functioning in the world. So it definitely worthy of our investments.
Post
Topic
Board Economics
Re: What will happen to global economy when crypto becomes global currency?
by
luckyluigi
on 23/08/2018, 11:23:12 UTC
If and when cryptocurrency finally becomes an official global currency, how do you think it will affect the global economy and the economy of each countries? Will it help improve the economy better than fiat or will it still need help from fiat?
I'm at an expert so I am choosing for myself a strategy of waiting and anticipating because I will eventually see what would be happening with the world economy and only thing that I need to do is to react properly.
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Topic
Board Trading Discussion
Re: What you should do when you lose most of money?
by
luckyluigi
on 22/08/2018, 12:10:44 UTC
Probably is your place I would take a vacation for a few days to rest and then I will return to the game when you fresh mind and experience from the last big loss that I had to experience.
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Topic
Board Trading Discussion
Re: So I want to get into trading.
by
luckyluigi
on 22/08/2018, 12:07:23 UTC
Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?
Again obviously you will be in need of trading practice so just handsome amount of money which would be not regrettable for you in case of loss and try to perform some trading.
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Topic
Board Trading Discussion
Re: Is Bitcoin suitable for swing trade ?
by
luckyluigi
on 22/08/2018, 12:07:08 UTC
You can always try that because there is many of great strategies that people are just afraid to use and so by that reason they are not successful here, and then you can share your experience with us.
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Topic
Board Trading Discussion
Re: Keep all crypto in trading platforms or wallets?
by
luckyluigi
on 22/08/2018, 12:06:59 UTC
Two options are here, when you want to trade fast according to signals that are would be to have money on exchange wallet, but more secure is to have on offline wallet.
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Topic
Board Economics
Re: Crypto replacing fiat?
by
luckyluigi
on 20/08/2018, 20:01:19 UTC
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   
I think that we can forget about it for a few years, because in my opinion the things that global are not doing that fast, 2 years ago almost nobody knew about cryptocurrency and now you want it to replace fiat Smiley
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Topic
Board Economics
Re: Blockchain future
by
luckyluigi
on 20/08/2018, 20:01:01 UTC
Hi Guys ! What you think about feature of blockchain startups?
I've seen the statistics which says that blockchain service ICOs are the most successful from among all the different areas of ICO presented on the market. So probably I will be investing my funds in that area of projects.
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Topic
Board Speculation
Re: BITCOIN is useless!?
by
luckyluigi
on 16/08/2018, 17:13:17 UTC
Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

I've heard many reviews from expert guys who would say that bitcoin is initially useless to be used as a currency as well as to be a value store of money and Investments source, so yeah, you're right.
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Topic
Board Economics
Re: Why we must study Economics at University?
by
luckyluigi
on 15/08/2018, 16:54:25 UTC
Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?

Studying University economy is really helpful for me because now I am prepared and in understanding the things that are taking place in economy in the world so I can make proper conclusions and react on that
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Topic
Board Economics
Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
by
luckyluigi
on 15/08/2018, 16:53:51 UTC
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
Right now I want to increase my dollar equivalent in order to get things that I want to buy and then I would be able to more freely be involved in the idea of cryptocurrencies, without concerning my needs.
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Topic
Board Altcoin Discussion
Re: Be contented with what you have
by
luckyluigi
on 13/08/2018, 20:45:50 UTC
Slow and steady they say wins the race. Do not be in a haste to make it big in the crypto world. There is never a shortcut to success. Be contented with whatever you gain at every point in time.
Do not look down on yourself because you see others make it big. A drop of water makes a mighty ocean.
Your gain might seem to be small today.
Your portfolio might not look so big.
Just in a moment and with little more patience, your portfolio will see the brightest light and be filled above your imaginations.
It is a major law in our life that we need to follow, but what about cryptocurrency it is hard because when you had $10,000 and now you had only 4 and it was not depending on you, it is not so easy to stand that.
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Topic
Board Altcoin Discussion
Re: IS DENT A SCAM? THE TEAM IS SELLING THEIR OWN BAGS AND DUMPING THE PRICE
by
luckyluigi
on 13/08/2018, 20:45:32 UTC
I've seen already has some examples like that one the team is not believing in the future of their own Project and it means that sometimes the project were initially developed to sell the tokens and earn money.
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Topic
Board Bitcoin Discussion
Re: Future of bitcoin in Nigeria
by
luckyluigi
on 08/08/2018, 09:23:03 UTC
My fear.

Is not that Nigeria lacking behind?. Hell shouldn't be.  I see lome Africans growing faster and faster when it comes to bitcoin utilization but here in Nigeria reverse is the case.
In my humble opinion Africa and need to improve and step forward in Bitcoin and cryptocurrencies as well as blockchain integration into economy, because it can improve the economy above Europe even.
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Topic
Board Bitcoin Discussion
Re: Bitcoin might have been a FAILED experiment by the NSA - How funny would that be
by
luckyluigi
on 08/08/2018, 09:22:32 UTC
It is an interesting conspiracy theory but I don't think that this is true because it will lead to so many people into depression and suicide in some cases, this would be just terrible news. I hope it's not.
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Topic
Board Bitcoin Discussion
Re: Five Reasons to Impact Bitcoin Prices
by
luckyluigi
on 08/08/2018, 09:20:15 UTC
This is the thing that amazes me the most from all the other things right now, we are having so many bull run triggers and yet we're not facing it starting, so something is wrong it feels like the pause before the storm.
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Topic
Board Economics
Re: How does bitcoin become a currency?
by
luckyluigi
on 06/08/2018, 10:45:41 UTC
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".


In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.

The value of money: it exists because of payment.
We need to try bitcoin as an alternative payment method and only then after successful start of this, we can call it a currency. Because not using the coins as a payment method after all could not be better.