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Showing 20 of 167 results by moonami
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Board Bitcoin Discussion
Re: WHY DO MOST PEOPLE FORGET BITCOIN SO SOON?
by
moonami
on 09/09/2018, 22:04:46 UTC
Anytime i see some members of this forum asking "Is Bitcoin dead"?, or "Is this the fall of bitcoin" i just become speechless because it is so shocking to hear that within just six months when bitcoin improved the financial status of people last year without any hard sweating people have forgotten about it so soon. I now understand the saying that "Men forgets easily". Well i can't really blame them but I know the few Real Crypto Enthusiasts like myself still believe in BITCOIN and we are going to keep investing in it because we know that the its value will rise with time.


In my own opinion, people forget bitcoin soon because they have no patience in waiting for the right price. They forget bitcoin because they believe in the fake news. They also forget because they are frustrated in the market price.
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Board Bitcoin Discussion
Re: BITCOIN won't die, period.
by
moonami
on 09/09/2018, 13:49:56 UTC
As you can see that BTC is the largest crypto among all in the market, I just really do not understand why people like to claim that BTC is about to die, do not easily fall for these kinds of topics and think that Bitcoin is dying, put some research on it, its just another person's opinion but again it is misleading. One last thing before you reply, this is extremely important and might be a big help for you (especially for newbies) avoid agreeing with such wrong info given to you, be sure to take extra care in replying, and the most important part of all is that you should make some research and do not forget to read the thread (if necessary) it is also important as you can gain new information from other people, though just make sure that what you are reading is very much legitimate.


Thank you and feel free to respond, I wanna see your insights about this.


Yes I do believe that bitcoin will never and will not die. Many people are investing in bitcoin even though there are problems about the price. Those people knows that bitcoin can overcome those problems.
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Board Bitcoin Discussion
Re: I LOVE PANIC SELLERS
by
moonami
on 09/09/2018, 13:11:13 UTC
People go here and there spooling,spreading and propagating FUD to get on peoples emotions and to put them on PANIC MODE just so they sell their BTC, and you know what, PANIC SELLERS in these industry are LAZY, they can't and won't research and understand after lots of rise and fall in these year that the KING of all digital currencies is just going through a phase.

I personally Love PANIC SELLERS, and I hope there can be a section on these platform where they register so that people like me can contact them to buy CHEAP from they..

GRACIAS PANIC SELLERS, MUCH LOVE TO ALL OF YOU OUT THERE BLESSING FUTURE MILLIONAIRES WITH YOUR COIN


Bitcoin buyers take advantage to the panic sellers. Panic sellers sell their bitcoin to a low price the the buyers will buy it and they wait for the right time to sell it then they will gain high profit.
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Board Bitcoin Discussion
Re: Three things you should not do when Bitcoin prices drop!
by
moonami
on 09/09/2018, 12:35:29 UTC
Trading or investing in the Crypto market is a psychological battle for yourself. Securities investors often say that investing in traditional markets requires very high disciplinary action. This demonstrates how they will control themselves for the volatility of the market. How can they eliminate the wrong decisions that most people still make and adhere to the strategies they have set.
If traditional markets require discipline, the Crypto market requires resilience and a sense of steel. The Crypto market has tremendous fluctuations in comparison to other markets in the world, in this market the preparation of emotions and keeping a cool head for a trader requires a lot of practice.
Here are the things you need to remember and when you need the best psychology for a Trader to cope with market fluctuations.
Do not try to catch the right market!
If you are really lucky to have a source of money to invest in when the market goes down, it can be a good time to start making money. Many people keep thinking about adjusting the market as a "Flash Sales", and always try to think of getting the bottom right of Bitcoin to make the most profit, but then you will notice the bottom of the day. this is the peak of tomorrow.
When you look at price charts, look at the price of coin straight into the pit, you ask yourself when it will stop the price drop? You are catching yourself to catch the bottom of this rebate. Getting the bottom means you are trying to trade in a bottom of a downtrend trend. It must be emphasized that it is really difficult to get the bottom right in a downward trend, which is just like posting a knife with a high velocity.
If you still insist on capturing the bottom of the rebate, you are missing out on a lot of better earning opportunities. There may be times when the secret is simply "ONLY, ONLY AND ONLY" until you have identified a trend reversal of the market. Many people lose more when they keep their view on having the most profit when they catch the bottom. From time to time, you intend to place orders when thinking that the current price is closer to the bottom of the market than waiting to determine the right trend.
Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.
Do not stare at the Chart all day!
Those who have just entered the market, will spend a lot of time to "charting". Looking back, if you are honest with yourself, how much time you wasted. You spend a lot of time learning and learning the knowledge and application, but also spend a lot of time aimlessly to look forever into the computer screen with the red blue.
Sometimes the best thing you can do is to put a little order, walk scattered, trust the strategy you set, and remember "IF YOU DO NOT COME BACK TO YOUR STRATEGY, YOU ARE SURFING IN THE MARKET "



For me, the three things that you should not do when bitcoin prices drop is that first don't do the panic selling. Second one is don't believe in the fake news that bitcoin will end. And lastly don't quit bitcoin.
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Topic
Board Speculation
Re: What will actually happen if bitcoin price continue to drop?
by
moonami
on 08/09/2018, 23:31:38 UTC
I was reading on some threads here and it made me wonder what will actually happen if the price of bitcoin continues to drop? And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?


Well for me, I think if bitcoin price continue to drop, the newbie holders of bitcoin will sell their coin because they are in panic. Then the true holders of bitcoin will still wait for the right time.
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Board Bitcoin Discussion
Re: Opinions and Impressions about bitcoin
by
moonami
on 08/09/2018, 23:01:01 UTC
So I asked my friends regarding their opinions and impressions about bitcoin and their answers made me laugh. One of my friends answered:

"Bitcoin? Bitcoin is used for transactions in deepwebs to buy drugs!"



So they think that bitcoin = deepwebs. So they stay away from bitcoin thinking it was illegal

Another one:

"Its just a waste of time. You will not earn from it"



And when you give him proof that bitcoin is valuable they'll be like "omg teach me how!!" Lol

And lastly,

"Bitcoin? Bitcoin is a scam"



So yea they think bitcoin is fraud and a scam.

It's so funny to think that people who don't have knowledge about bitcoin automatically thinks that bitcoin is a scam because of the issues regarding bitcoin scamming. So yeah.



Bitcoin is not a scam. Bitcoin is the future currency of our world. With the help of bitcoin, my payment system becomes easier. And with the help of bitcoin I am now financially stabled.
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Topic
Board Speculation
Re: will the price of the bitcoin will reach so high that no one can buy it ?
by
moonami
on 08/09/2018, 22:28:57 UTC
now only the price is little high , i think the value of the coin in future days may reach so high so that it would become so expensive to buy it
because now the people in the world started learning about bitcoin may it become popular 


Everything is possible but I think that value is very exaggerated. We all know that the price of bitcoin will be high in the future but I don't think that it will reach the price that no one can buy it.
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Board Bitcoin Discussion
Re: Are you aware that some Banks accept Bitcoin?
by
moonami
on 08/09/2018, 05:55:42 UTC
Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

Yes I am aware that some of the banks accepts bitcoin. But in my country there is no bank that accepts bitcoin. I wish that there is a bank that accepts bitcoin here in my country.
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Board Bitcoin Discussion
Re: Do you still believe in predictions of "experts" about the bitcoin price?
by
moonami
on 08/09/2018, 03:31:40 UTC
I believe that we should never trust 100% in any prediction about it, even if that person is presented as the greatest expert or master on the subject, because we must always keep in mind that at the beginning of 2017, when the price of bitcoin was just in $1,000, none of those alleged "gurus" was able to predict that the price of bitcoin would reach $20k some months later. And besides, neither was able to predict the tremendous collapse that the market would suffer next.

If those relevant historical events went completely unnoticed by the "experts", I think none of them has real bases to present themselves these days announcing that bitcoin will reach this or that price by the end of the year.


I don't believe in the predictions of the experts because no one can predict the future of bitcoin price. So I will continue to observe the price of bitcoin and wait for the time to rise.
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Board Archival
Re: EDUCATING PEOPLE ABOUT CRYPTOCURRENCY
by
moonami
on 02/09/2018, 23:26:40 UTC
    If you take an assessment, a lot of citizens are not yet informative what is cryptocurrency is....like bitcoin and other altcoins. One proof is that others can be deceived by swindlers because of lack of knowledge regarding crypto currencies. . They invest with the wrong people because of considering in unfounded information and hearsays.
   Educating people regarding crypto will not make them to mislead. Educators can teach about crypto inside school especially in economic subject/s because it has a big role nowadays.
    As Tom Emmer stated, “ People tend to fear what they don’t know. If people sailing the oceans at the time of Columbus had believed the world is flat, we wouldn’t have had the great discoveries of the New World.”

(https://bitcoinmagazine.com/articles/venture-capital-working-group-seeks-select-cryptocurrency-safe-harbor/)



It is good to educate people about cryptocurrency but I think we must choose people in proper age to educate about cryptocurrency so that they may apply those things in their life.
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Board Bitcoin Discussion
Re: Will bitcoin in Southeast Asia be legal?
by
moonami
on 02/09/2018, 23:04:36 UTC
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?



There are some countries in Southeast Asia that bitcoin is legal. I hope that countries in Southeast Asia will legalize bitcoin and the government of that countries will allow bitcoin so that their economy will rise.
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Board Bitcoin Discussion
Re: Don't worry, Bitcoin will be fine.
by
moonami
on 02/09/2018, 22:41:12 UTC
why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30


2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14


3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again


4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017


and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.


Yes, I also believe that bitcoin price will rise again. History repeats itself so I think the past movement of bitcoin price will repeat. We just have to wait.
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Board Bitcoin Discussion
Re: Is cryptocurrency so difficult to understand
by
moonami
on 02/09/2018, 17:20:52 UTC
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.


For me, the difficulty to understand cryptocurrency depends on the willingness of the person to know about cryptocurrency. If you really want to know crypto you will understand it easily.
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Board Bitcoin Discussion
Re: My sweet and bitter experience about bitcoin
by
moonami
on 02/09/2018, 16:48:31 UTC
I started my cryptocurrency journey around July 2017. I bought some altcoins;  verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!

I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.

That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance,  and suddenly it was disqualified,  and the price have falling like packs of cards, more than 50% right now.

Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?

But I am wiser now.

Does anyone have similar experience


My sweet experience about bitcoin is that I earned a huge amount of money from bitcoin and the bitter experience about bitcoin is that I sell my bitcoin and I don't know that the price increased the day after I sell my bitcoin.
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Board Speculation
Re: How much the power of news can affect the Bitcoin price?
by
moonami
on 02/09/2018, 15:46:20 UTC
Lately I have noticed some good news and bad news about Bitcoin.
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks   Smiley

News can have a big effect in bitcoin price. If the news tell always negatives reports about bitcoin, many investors will pull their investment in bitcoin and the price may fall in that case.
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Board Bitcoin Discussion
Re: Facebook Is Banning Ads for Bitcoin and ICOs
by
moonami
on 01/09/2018, 12:26:01 UTC


https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/


"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."



It is a bad news to hear that Facebook is banning bitcoin and ICO ads. I hope that Facebook will allow ads because they will earn money from the ads. And I am upset that a huge company don't accept and support bitcoin.
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Topic
Board Bounties (Altcoins)
Re: 🌳[BOUNTY] FORESTING | Next-Generation Social Media | 48,000,000 PTON, $643K 🌳
by
moonami
on 26/08/2018, 06:08:35 UTC
#Proof of authentication
Bitcointalk username: moonami
Telegram username: @moonami
joined signature campaign
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Topic
Board Bitcoin Discussion
Re: Samsung has now entered the cryptocurrency world
by
moonami
on 23/08/2018, 15:33:54 UTC

As we know Samsung is one of the biggest and famous phones, smartphones, tablets producers in the whole world and now they are planning to make there own mining software. Is this a good news for us bitcoin users? I mean what are they aiming for?

For more info just read visit the link: https://www.sammobile.com/news/samsung-is-reportedly-making-mining-hardware-for-cryptocurrencies/

Wow, another crypto has made and now it is created by a huge well known company. Another good news for all the collectors and traders of cryptocurrency. I hope there are many more cryptos to be made.
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Board Bitcoin Discussion
Re: Real life usage of bitcoin
by
moonami
on 23/08/2018, 15:00:23 UTC
Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.


It is still difficult to give the real life usage of bitcoin because there are only few companies that accepts bitcoin as payment but now there are large companies accepting bitcoin as payment. We should have information about the benefits of bitcoin.
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Board Bitcoin Discussion
Re: High risk results to high rewards
by
moonami
on 23/08/2018, 13:31:03 UTC
https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/

I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year.

So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts.

I agree that when you risk high your rewards will be high too because when you invest a large amount of money you will put it into risk because it may loss but when it succeed you will receive a high profit from that so I agree that when you take high risk your reward will be high too.