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Showing 20 of 518 results by maxj57634
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Topic
Board Economics
Re: Debt and Crypto?
by
maxj57634
on 07/03/2018, 10:23:28 UTC
I think it is a big risk if you will incur debt just for cryptocurrency. There are a lot of investment opportunities and I would recommend that you invest on stock market as it is safer and more guaranteed.

Investing in stock market doesnt guarantee you profit. There are still losses in any investment adding to that investing in stock will take you along time to see the ROI or profit while if you invest in crypto currency there is a small chance that your investment might double.

There is no guarantee when it comes to investing no matter if its stocks or other form of investment.
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Topic
Board Economics
Re: Is banking still important in the bitcoin era?
by
maxj57634
on 07/03/2018, 05:16:19 UTC
Banks are important because, it is backed up by the government and financial institution. Banks have establish trust and are trust by majority of people to entrust via money with. Banking is safest way you can hide your money with, without the worry or trouble that someone will stole them from you. Unlike in bitcoin when someone stole your bitcoin it cant be recovered.
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Topic
Board Economics
Re: let us promote BITCOIN
by
maxj57634
on 04/03/2018, 06:24:23 UTC
maybe it's better to promote bitcoin in the media or on the tv because more people will see it and they will know just what bitcoins mean in the world by saying they can properly deliver the bitcoin in the world for me the best way to promote bitcoin is media and news

If you look at the past several news that the foreign or local news organization has been delivering about bitcoin its all in the wrong side, if you want bitcoin to have a positive in their reporting that would means paying them a significant amount of money which is not viable. It would be better for bitcoin to be promoted in social media and youtube which are free unlike going to media company platforms.
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Topic
Board Economics
Re: Study says being rich is determined by chance rather than intelligence or talent
by
maxj57634
on 02/03/2018, 02:59:32 UTC
Intelligent people are not willing to take risks and not willing to try risks!

The risk of what? Being rich? Everybody wants to be rich.

The rich see the benefits behind the risks, and are willing to make bold attempts! Seize the opportunity!

An attempt to what?

A lot of wise people work under the rich!

Yes, they are wise but not intelligent enough to make themselves rich. Thats the different between a wise person and an intelligent person.
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Topic
Board Bitcoin Discussion
Re: Philippines is starting to accept bitcoin.
by
maxj57634
on 01/03/2018, 10:42:38 UTC
Actually, Philippines already accepted bitcoin since the day when Central Bank of the Philippines accepted bitcoins.

When did Banko Central ng Pilipinas accepted bitcoin? They didnt accept it but they recognize it since a lot of OFW were using bitcoin as an alternative for sending money to their love ones in the Philippines.

When you do bank transaction in the Philippines and when you say that the money come from or is being used to crypto currency, they will instantly closed your account.

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Topic
Board Meta
Re: Rank in Bitcointalk
by
maxj57634
on 01/03/2018, 07:17:54 UTC
How does one gain merit?

If a user finds your post informative or rather helps the community then they might give you merits for contributing to the forum. Of course people have different category for giving merits like if they find you amusing or funny. Merits system is kinda broken since there is really no criteria in order to gain merits.

Post
Topic
Board Gambling discussion
Re: how long you can stay without gambling?
by
maxj57634
on 25/01/2018, 09:12:32 UTC
How about you and how long you can control yourself for not playing these games?

Usually on a normal day i dont gamble because im busy with a lot of stuff that is going on around me, i only play at weekends when the work as been done. I have been doing this for almost 2 years now and its quite beneficial for me since i dont lose a lot of money from paying daily till all the for that day is gone.
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Board Bitcoin Discussion
Re: Bit mining?
by
maxj57634
on 25/01/2018, 08:20:56 UTC
Hey guys, I just encounter a bit mining app in playstore and tried using it.
Seems legit, what are your thoughts?

There are no legit bitcoin mining application. All those applications that you see are pure scam and only contain ads for you to view which will earn the developers of the application.

the app's name is BTC Mining and Bitcoin Farm.
Is it reliable to use bit mining apps, specially this two above?

I suggest that you stop wasting your time towards those application, you wont get any return from that. Only the developers will benefit from those so called mining application.
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Topic
Board Altcoin Discussion
Re: Why peoples launching more coins everyday ?
by
maxj57634
on 25/01/2018, 07:18:07 UTC
if i launch my own coin how i will get profit ?

It depends on how good the coins that you are making. There are certain type of investor that look for a specific road map for the coin before they invest. You will get profit if your coin manage to get into the market because coin developers 1/4 or more of the coins that is out in the market.

how i will manage development and other expenses ?

You will be needing a lot of people to do PR for your coin and team of other developers and staff because you cant handle this job alone. So for expenses you will be needing a lot of money.

for example Sathoshi made bitcoins but i am unable to figure out does stoshi getting reward from it or maybe earning ?

There are various rumor saying that Satoshi owns half of the bitcoins that is out in the market i dont know if its true but if really own them then your question has been answered.
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Topic
Board Speculation
Re: Transaction fees going down~
by
maxj57634
on 25/01/2018, 05:58:29 UTC
I think its because most people are now using SegWit wallet thats why the fees are dropping. With the help of SegWit and the up and coming LN maybe the fees will much more lower than it is today. I did transfer some bitcoin earlier and it was quite fast using SegWit compared to the past few days when im still not using one.
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Topic
Board Bitcoin Discussion
Re: Wells Fargo calls bitcoin is a scam
by
maxj57634
on 24/01/2018, 10:22:39 UTC
Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.

"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."

What do you think about this statement?

What can you expect from them, not much. All CEO of banks all over the world says the same thing over bitcoin. They are obviously against bitcoin ever since it caught the attention of people and investors. I just dont care what they say about bitcoin i still believe in it and will continue to invest and trade.
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Topic
Board Altcoin Discussion
Re: ICO Review Sites
by
maxj57634
on 24/01/2018, 08:10:37 UTC
Can you please suggest me some good ICO Review sites where I can get genuine reviews.

I cant personally suggest you site that review ICO`s for the main reason that i dont trust any.

Do you think these reviews are beneficial as most of the review sites are paid and work as a promoter of an ICO.

It only beneficial to the ICO developers and the review site. The review site might be paid by those developers to promote their coin to such sites, review site will only say good things about the project that they are advertising. You really cant trust them for all you know they are payed to shill.
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Topic
Board Altcoin Discussion
Re: Do you have any idea that how many coion in the market?
by
maxj57634
on 24/01/2018, 06:22:11 UTC
Do you have any idea that how many coion in the market?


If you want to see how many coins are there in the market go here : CoinMarketCap.com
That site will definitely help you a lot if you want to decide buying some alt coins.

There is no double that altcoin is increasing.
How they effects bitcoin's price?

There is no effect even if an altcoin gain some price in the market. Bitcoin price is still dependent on its trading volume, if the volume were to decrease a price drop will happen.
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Topic
Board Bitcoin Discussion
Re: why China goverment allergic to bitcoin?
by
maxj57634
on 24/01/2018, 05:10:47 UTC
china is one of the powerful country in this world.they are in a high position in economy.and also china is well developed country.but they still don't like bitcoin revolution.what is the main reason for that?

First of all bitcoin is decentralized which means chinese government cant manipulate it, their citizen who is involved in bitcoin are hard to trace likewise demand them for taxes. The money that the government would collect from its citizen will be huge and can help their economy to be much more greater than other first world country. I think this is why chinese government are against bitcoin.
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Topic
Board Economics
Re: Is Bitcoin the next big thing?
by
maxj57634
on 24/01/2018, 04:19:20 UTC
another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future.

Of course its not feasible, a countries pride is also indicated in their money system no country would replace their pride over a digital currency.

Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?

They want to take the risk of gaining more since you can earn 20% more in just a couple of hours, you cant do this in normal trading this is why crypto traders are taking such risk for this kind of profit.
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Topic
Board Speculation
Re: Oportunnity
by
maxj57634
on 23/01/2018, 05:20:50 UTC
Hello, I received this image from a blog. I believe it is an opportunity to start mining or instituting cryptocoins.


Obviously this is just a hoax, the blog that you got the image maybe untrusted or/is used as a way to pump both zcash and bytecoin.
People will always find ways to promote what ever they want in believing that someone will invest it zcash or bytecoin because a big company like walmart is investing in the coin.
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Topic
Board Bitcoin Discussion
Re: SOUTH KOREA NOT BANNING CRYPTO NOW - but want 24.2 percent tax?
by
maxj57634
on 23/01/2018, 02:53:54 UTC
any truth to this?

I think its still unconfirmed until their government releases this issue on the news agencies.
 
seems okay or at least better than a ban?

Literally better than dropping the ban hammer, at least they are still given a chance to do trades which i think will give the market another boost.

Sounds like good news??

Some how its still a good news but its gonna hurt because 24.2% is quite high for a tax. Its their governments decision so i think they are planning for theirs countries future economy.
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Board Bitcoin Discussion
Re: Is Taxing Bitcoins Possible?
by
maxj57634
on 22/01/2018, 10:59:42 UTC
I dont think that bitcoin is taxable unless the person holding the bitcoin declares it as part of his/her property. This is the only way that the government can put tax on bitcoin but for the technology itself is not taxable. Government has been finding ways to tax their people who hides their riches in bitcoin and so far non has been implemented.
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Topic
Board Service Discussion (Altcoins)
Re: Best Campaign
by
maxj57634
on 22/01/2018, 09:24:49 UTC
Can you advice me the best one to earn, please?

If you have good quality post then why dont you try doing signature campaigns? it would be the best way for you to earn why you are here in the forum. But if you just literally spam then you will have a hard time enrolling or be accepted by the campaign managers.

Now I take part in costal media network campaigns such as Twitter and telegram. But l would like to try translation. Is it worth doing?

Well its worth doing because you will be given token as a reward for translating some ICO`s to you native language, just be careful because some ICO`s are scam and wont pay you anything at all.
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Topic
Board Economics
Re: how can the beggars access Bitcoin?
by
maxj57634
on 22/01/2018, 07:06:15 UTC
Well there are 2 types of beggars in this world an offline beggar which we mainly see in the streets lurking and an online beggar mostly seen at casino chats begging to be tipped. Offline beggars cant really access bitcoin because they dont have any device for this and doesnt know how to use one. Online beggars on casino chat are just worst beggar ever, they can work in exchange for bitcoin but all they can do it beg in front of a computer.