For me its Bitcoin and Etherium which that is the most known and they are stable currency.
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BoardBitcoin Discussion
Re: How could bitcoins survive further
by
lungu113
on 03/08/2018, 06:06:12 UTC
Bitcoin can survive for more years if they can get a big whale. Even small investors is good to sustain bitcoin. We are the one who makes bitcoin live and without us, bitcoin don't have any value at all.
Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
Can I have a proof about that? An article or news about Facebook joining BTC? I have seen in the past month that Facebook and Google banned crypto related post and advertising which is the downfall price of BTC in the past months.
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BoardEconomics
Re: Where and How to Spend Your Bitcoins?
by
lungu113
on 03/08/2018, 01:24:27 UTC
Spend it anywhere you want, needs, wants, and affection. You have the authority of it, spending bitcoin is a big help to me which it supports me on financing my daily needs of my family.
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BoardEconomics
Re: Why lot of countries do not allow to use Crpto?
The government in most countries do not want the transactions in cryptocurrencies. They stress on the fact that there is no fund generation in these transactions and hence prefer not to allow any crypto in these countries.
You are right mate, the government preventing cryptocurrency in their country because of it's a risk and they don't know what it is.
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BoardEconomics
Re: Becoming wealthy and social responsibility
by
lungu113
on 02/08/2018, 11:51:32 UTC
People nowadays only seek for wealth which after they get some profit they leave. This determines that mostly investors are not really into blockchain.
I would say that this lobby of the dollar influences bitcoin. Very many are not interested in the development of crypto because it will have a negative effect on traditional currencies, which means that their assets will be reduced.
Well still dollar won't be affected if bitcoin will become popular. In the first place we used money as the main source of our finance which in market industry money still more valiable.
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BoardEconomics
Re: Does engaging with bitcoins put you at risk?
by
lungu113
on 02/08/2018, 10:28:25 UTC
If you invest in bitcoin, you are really risking your money which you cannot know if the price will increase or decrease. So it's better to research so you will know when to invest.
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BoardEconomics
Re: When bitcoin prices rise up the market also will
Bitcoin as we all know is the number 1 cryptocurrency by age and market cap, so it's upward or downward movement can affect other cryptocurrency projects.
market will depends on bitcoin if the price will go up or down. This instance that we will know about bitcoin which they can manipulate the market price in the industry.
Yes, other altcoins can move faster but It depends on the BTC movement. we know Bitcoin is the mother coin in the crypto market. So altcoins movement speed depends on the Bitcoin movement. We can saw a great example for that at this moment. Now BTC price in low. So all altcoins prices and move very slowly. Maybe the market can recover again mid of this year. Let's see what happen...
Altcoins still based on BTC movement. I have notice that when bitcoin price goes up, other market goes up. This is a thought that altcoins still rely with bitcoin.
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BoardBitcoin Discussion
Re: Samsung says that smartphones are the safest way to store cryptocurrencies
by
lungu113
on 01/08/2018, 09:49:18 UTC
Well for me, the safest way to store cryptocurrencies is your wallet which you are the only one that knows it. Unlike smartphones if accidentally someone borrow your smartphones and explore it, it may cause that your crypto will know by others.
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BoardBitcoin Discussion
Re: Are we about to redefine money again with Bitcoin?
by
lungu113
on 01/08/2018, 09:34:09 UTC
Redefining money with bitcoin is impossible because first, people in the world used money for daily life and bitcoin only used by few people. Few people means its not yet 50% of the world population knows bitcoin.
The two of these are very different. We don't need to compare it. But for me, you can earn bitcoin thru internet because crypto currency requires an internet connection to perform better. The combination of these gives us to earn money.
No internet then no bitcoin. This is a one sided view which it's already know for everyone that internet is the most important. There is nothing to argue here at all.
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BoardBitcoin Discussion
Re: EVERY TIME IS RIGHT TO BUY AND SELL
by
lungu113
on 01/08/2018, 07:41:29 UTC
You should have a plan on when to buy and when to sell, not all the time is right to buy and sell. Which you need to trace everyday the price of cryptocurrency so you will really know when will the right time.
Even if the crypto currency is fully legalized throughout the world, the banking system will continue to exist. Banks have a lot of their specific functions, in addition, they serve the financial side of the state. Therefore, banks will exist as long as there are states.
Banks will really continue to exist in the world even if the cryptocurrencies are legalized. As you have said they have their specific functions the reason it will really exist maybe forever.
What will only happen to the banks are improvement and development. Since cryptocurrencies might be legalized in countries, they will find a way to develop their securities and their services for that.
This could not affect banks if cryptocurrency will become popular in the world. First bank is a big industries which most of all people used it and store their money in there.
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BoardEconomics
Re: Are we really heading towards another financial crisis?
by
lungu113
on 01/08/2018, 06:31:27 UTC
In life there are an ups and downs situation that we faced which we need to solve and it's also the same in this industries. We are not heading towards financial crisis.
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BoardEconomics
Re: "10 Common Mistakes We make with MONEY"
by
lungu113
on 31/07/2018, 10:18:16 UTC
We can use that mistakes as a stepping stone and a learning for us to become more mature and more knowledgeable.
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BoardEconomics
Re: Why spend time in bitcoins?
by
lungu113
on 31/07/2018, 09:44:41 UTC
I spend time in bitcoin because it's great and I can get profit. I still have a stable job which I make cryptocurrency a part time which stable job is more important to me.
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BoardEconomics
Re: How did Crypto help you out?
by
lungu113
on 31/07/2018, 09:23:24 UTC
I have using cryptocurrency for the last 1 year and it help me a lot which change my life into a worthy one. I am thankful that I invested in crypto that have given me an opportunity to sustain my family needs.
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BoardEconomics
Re: Is the government really scary?
by
lungu113
on 31/07/2018, 08:36:42 UTC
Yes, government really are scary which they can manipulate everything. That's why cryptocurrency in different country cannot be legalized.