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Showing 20 of 87 results by nicoly
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Topic
Board Trading Discussion
Re: How to get started?
by
nicoly
on 16/11/2017, 14:57:00 UTC
Bitcoin trading can be extremely profitable for professionals or beginners. But, with any exchange or speculative market, trading in Bitcoin is a risky venture that could cost you real money. So the most important advice is to proceed with caution and search for information and tips.
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Topic
Board Bitcoin Discussion
Re: Why people are holding Bitcoin?
by
nicoly
on 16/11/2017, 14:50:27 UTC
Many people hold the bitcoins because bitcoin's price will be more expensive in the future and it's more profitable than selling them. But we don't know the future of bitcoin. There's always a risk of holding bitcoin too long.
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Board Bitcoin Discussion
Re: What if, we advertise bitcoin on T.V.?
by
nicoly
on 16/11/2017, 14:37:48 UTC
Honestly I cant even imagine to go advertise bitcoins in TV-Shows and stuff like that. Its just happend and nothing is impossible, if the goverment gets involved or big business companys. Maybe and just maybe there will be a chance to advertise bitcoin on T.V.
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Topic
Board Bitcoin Discussion
Re: Bitcoin is changing the world.
by
nicoly
on 16/11/2017, 14:21:26 UTC
Right now, Bitcoin is the most used cryptocurrency . Cryptocurrency is a method of moving money securely over the Internet, and it can even be done anonymously if desired. Bitcoin does just this, it transcends identity and national currencies by establishing itself as a self-regulating worldwide currency. Yes bitcoin can change the world. We're living with bitcoin.
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Topic
Board Bitcoin Discussion
Re: Why do some government ban bitcoin?
by
nicoly
on 16/11/2017, 13:51:00 UTC
Bitcoin transactions are encrypted and while they can be tracked by involved parties, bitcoin provides a way to keep money and transactions away from the prying eye of the regulators. There is a risk that it could be used to fund crime or illicit terrorist activity — another reason is that it can be a route to circumvent capital controls.
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Topic
Board Speculation (Altcoins)
Re: Altcoins that might survive in the future?
by
nicoly
on 16/11/2017, 13:18:47 UTC
In my opinion, I think that the only ones prone to survive would be good old altcoins. Altcoins are springing up on a daily basis, you might have noticed that they appear pretty regularly in the lists of CoinMarketCap. However, many of altcoin will probably die out in the near future.
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Topic
Board Bitcoin Discussion
Re: In what situation would Bitcoin die?
by
nicoly
on 16/11/2017, 13:10:06 UTC
If more country don't accept it. And also the things that could have an destructive effect on Bitcoin could be a collapse of the Internet,  A global Power outage, The sudden disapearance of technologie through a global catastrophy.
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Topic
Board Trading Discussion
Re: How do I grow my btc?
by
nicoly
on 16/11/2017, 12:45:52 UTC
There are a llot of manners to grow bitcoins you can invest money into it to get some bitcoins and maybe storing them or invest them to get a nice profit after a time. Or just mining them is also an option its what you want to do. there are allot of things to do with coins and is just growing.
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Topic
Board Bitcoin Discussion
Re: Convincing people about Bitcoin
by
nicoly
on 16/11/2017, 09:27:24 UTC
One cannot convince others to do anything. But (hopefully) people look after their own benefit so if you can educate and show others why buying bitcoin makes sense, they will do so on their own
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Topic
Board Bitcoin Discussion
Re: What is the best source of bitcoin nowadays?
by
nicoly
on 16/11/2017, 09:21:53 UTC
There are plenty of Bitcoin news portals. I recommend following few of them to understand what real situation is. Because sometimes some sites try to bring confusion and rebellion to the markets. For me working for bitcoin is alway the best option.
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Board Altcoin Discussion
Re: ICO is the best way to invest?
by
nicoly
on 16/11/2017, 09:14:27 UTC
Investing in ICOs or fully functional fresh currencies can be very profitable due to the fact that one is able to get in asset quick and often ahead of other market participants. However picking bad coin can easily lead to complete loss of investment if something goes wrong on development or coin has no long term use and the market looses faith and trust in currency which leads to collapse of value.
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Topic
Board Trading Discussion
Re: When do YOU sell?
by
nicoly
on 16/11/2017, 08:53:20 UTC
Trading needs time and experience. Only sell if you need cash to live. Don't bother trading.  Ultimately if you have a small amount of coin it makes sense to simply hold until the value is high enough to make it work selling part of your coin. If you have enough coin eventually you can sell some and hold some. Sell enough to pay for things while holding enough to get more returns.
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Topic
Board Trading Discussion
Re: BUY high sell low ?
by
nicoly
on 16/11/2017, 08:48:37 UTC
The goal of investing is to sell something at a price that's higher than what the investor paid to buy it. The problem investors face is determining when prices are low enough to indicate a buy and high enough to decide that selling is the best choice.

Post
Topic
Board Bitcoin Discussion
Re: What do you like best about bitcoin?
by
nicoly
on 16/11/2017, 08:43:28 UTC
Bitcoin doesn’t discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies and you can send as much value as you want. It’s important to remember that bitcoins can’t be counterfeited or duplicated.  The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.
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Board Bitcoin Discussion
Re: Does any bank accept Bitcoin?
by
nicoly
on 16/11/2017, 08:39:12 UTC
You don’t need a bank to store Bitcoins. With Bitcoin, YOU are your own bank. YOU have to take all the precautions to protect your funds (backup and password protection and safety). You could use a bank to store your offline wallet passphrase, though.
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Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
nicoly
on 16/11/2017, 08:30:18 UTC
No, I highly doubt it. Bitcoin is a system that aims to facilitate transactions without the need for a bank. People tend to overlook the fact that anywhere where one transacts value in different forms inevitably forms an economy. There shall be tools and factors that influence this economy to cultivate it. Banks are just one of the factors that influence economy. Banks run within a different kind of economy. Banks are designed to safeguard people’s money, lend the same money to people that need them to collect interest and eventually have the money rotated within to generate maximum value per rotation.
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Topic
Board Bitcoin Discussion
Re: What are the most common uses of Bitcoin?
by
nicoly
on 16/11/2017, 08:28:27 UTC
You can use Bitcoin as a currency; purchase goods, transact with anyone for anything, basically the same way you use fiat currencies today. Bitcoin is also used as a investment vehicle, as many speculators believe bitcoin will continue to grow in value thus making it a good albeit risky investment.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
nicoly
on 16/11/2017, 08:18:10 UTC
Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. ... The system is peer-to-peer, and transactions take place between users directly, without an intermediary.
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Topic
Board Bitcoin Discussion
Re: Why is bitcoin the most popular cryptocurrency?
by
nicoly
on 16/11/2017, 08:08:35 UTC
It is the first of its generation, and has the most hashing power. You know about the FIRST in every field even if you are not entirely connected with it. So, same is the case with BTC, it’s the FIRST of many Crypto Currencies and when you are FIRST of something popular then you are the starter of any talk. Here, it’s not just alone that but even the value that makes BTC so popular.
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Topic
Board Altcoin Discussion
Re: Is Electroneum a SCAM???
by
nicoly
on 16/11/2017, 07:50:48 UTC
If you think people like Bill Gates, Amazon and Home Depot are scammers then you’ll have to decide for yourself. Cryptocurrency is NOT a scam. I’m sure there are some scams out there so always buyer beware.