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Showing 20 of 76 results by ningrumxxi
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Board Trading Discussion
Re: HODL IS THE BEST OPTION FOR ME NOW
by
ningrumxxi
on 17/12/2018, 00:28:36 UTC
HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
in trading there is always hope, but seeing the current conditions is most likely the price is still difficult to experience improvement, but do not despair, if we can see opportunities, there will always be benefits that we can get, we can take advantage of falling prices into an opportunity to start investing , if we always think negatively, the steps we take will always be wrong, let's start thinking forward that there will always be profits in the future, indeed bitcoin is now unstable, but instability can be an opportunity.
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Topic
Board Economics
Re: If you had 10000$
by
ningrumxxi
on 17/12/2018, 00:19:54 UTC
I will invest in Organicco. Sometimes people always limit success to popular cryto. There are alts that has the potential of maintaining  a sustainable growth in the crypt market due to their usability.
It's better if we have enough money so we can share some infestations, because with so many choices, we can feel the potential profits in each coin, maybe we can infuse a few coins, especially on coins that have a potential increase, because if we only occupy one point, the possibility of losses can be more, but the price is not good enough, so not too much, not to lose a lot.
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Topic
Board Bitcoin Discussion
Re: Which will survive in long run Bitcoin or Blockchain???
by
ningrumxxi
on 14/12/2018, 00:53:38 UTC
why do you even insist on separating the two from each other?
it is like asking which one would survive longer, cars or combustion engines! bitcoin is based on blockchain technology and it is the one that introduced it to the world. bitcoin is also the one that is improving this technology and as the technology grows bitcoin grows and vice versa. they are not separate, they are one thing.
all cryptocurrency is interrelated, so the whole cannot be separated, because all use blockchain technology, so it will not be able to drop each other, bitcoin uses blockhain technology, like bitcoin is a content, and blockchain is the container,
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Topic
Board Legal
Re: bitcoin legal or not
by
ningrumxxi
on 14/12/2018, 00:43:15 UTC
Actually, Bitcoin is not yet fully legal, but some countries have made it legal. In the case of Bitcoin discussion every day it is becoming popular. And the day is not too far when Bitcoin is completely legal. As all of us knows it is, the king of all coins and through this can make life even better.
legal or not, this will not be a problem in trading, as long as bitcoin does not violate the law, so we are still free to trade bitcoin over an internet connection, because on the internet there will be no borders, so that usually makes it a problem if we exchange bitcoin, and we transfer into a local bank this can be a problem, because usually a large amount raises the suspicion of law enforcement.
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Topic
Board Economics
Re: Confirmed, bull run begins now, what expectations?
by
ningrumxxi
on 13/12/2018, 00:58:03 UTC
Possibly what has been taking place seems to be the promised bull run start for the ongoing year once after reach ath by the starting of the year. After a long time period, the growth has begun making users and the investors get ready to experience the real pumping.
bitcoin should experience a positive trend, because seeing the development of a growing number of new traders, it is only natural that investors start to get excited about buying and selling activities, because we still hope there will be attractive benefits, opportunities in various countries also show positive direction, with some governments opening doors their trade, by providing facilities that can support the use of bitcoin.
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Topic
Board Bitcoin Discussion
Re: Alibaba Uses Blockchain to Track the Goods.
by
ningrumxxi
on 13/12/2018, 00:50:14 UTC
I believe that alibaba realizes the advantage of using blockchain technology in making transactions faster. I hope that in the near future, alibaba would also accept cryptocurrencies as payment for their good and services.
Of course the advantages of blockchain are very sophisticated, because with a decentralized system, we will be able to track the movement of money from the beginning, the potential of bitcoin to be used in business between countries is undoubtedly about security, we must always think forward if there is a new system. the digital era has been very fast especially in the payment system.
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Topic
Board Economics
Re: Reason why other ban cryptocurrencies
by
ningrumxxi
on 12/12/2018, 00:58:26 UTC
The main reason for prohibitions is very simple. Transfers in a currency different from the national one, lead to poor economic performance, including GDP (one of the main indicators). This way, it is easier to launder money or transfer funds outside the country. Neither banks nor payment processors will get their interest.
McCall Robinson a manager of Merchant Accounts, believes that most countries prohibit Bitcoin because it cannot be regulated and he said that. "Many governments do not like the very idea that there is another form of currency that they are not able to control. The supervision takes place on the Internet. Some countries consider it as danger to their society and government.
the presence of bitcoin as a new currency is indeed very threatening the economy of some countries, because with the absence of government control it allows criminals to use bitcoin to become a media for buying and selling something that violates the law, the government is also difficult to detect money laundering that can be done using bitcoin .
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Topic
Board Legal
Re: Are Bitcoin Casinos Legal ?
by
ningrumxxi
on 12/12/2018, 00:50:02 UTC
Asking whether bitcoin casinos are legal is like asking whether is cannabis legal or not. Well, it depends on the specific laws of your country. If your country requires licences for them to run and to comply with anti-money laundering and know your customer laws and they don't then they're probably not technically legal or allowed to operate in that jurisdiction. I would check your own countries laws and what they require for an online gambling business to operate because nobody can give you a concrete answer without knowing where you reside.
Bitcoin casinos are clear in most countries that it is illegal,  because in any way all forms of gambling have the potential for crime,  especially facilities for money laundering,  but even if there are countries that legalize bitcoin casinos, only a small portion of the countries in the world.
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Topic
Board Trading Discussion
Re: Trading as an entertainment thing
by
ningrumxxi
on 11/12/2018, 00:36:13 UTC
sometimes crypto trading is fun when you get profit and can be made entertainment, but if you get a long loss this is certainly not entertainment but the risk that must be faced by each individual who trades crypto on the market.
Bitcoin purchases and sales should not be categorized as entertainment,  but must be categorized as business or work, so we can focus on doing it,  because with the category as a business we will always profit,  so we should avoid losses as much as possible by always monitoring the price movements of time to time.
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Topic
Board Economics
Re: The basis of being a poor- how little or how big?
by
ningrumxxi
on 11/12/2018, 00:29:14 UTC
the lack of employment and the capacity to support their abilities which are said to be poor causes difficulties in earning income for those who are said to be poor. and this is what the government is now thinking about tackling poverty in various ways, but there are still poor people in the country because of the difficulty of finding decent employment.
poverty can occur in any country, if we see abundant human resources but very little employment can also be a poverty impeller, then the bitcoin business can bridge a poor country, because with bitcoin we can trade between countries without fear of differences in the country's currency each, and with bitcoin we can avoid inflation losses which are the cause of losses.
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Topic
Board Legal
Re: Would it be legal to create new crypto?
by
ningrumxxi
on 11/12/2018, 00:21:37 UTC
I guess no, you will not be arrested and as what as you said bitcoin is not illegal in your country so how will you jail and who will do it for you. There are so many cryptocurrencies now and I guess there's not even one got in jailed because of creating some new cryptocurrency
making new crypto is nothing wrong, but it all depends on the market, whether crypto we make is acceptable or not, otherwise we will get a big loss, it would be good if we do not need to make a new product that is not necessarily successful, if we enlarge the product that is already running, we just have to accept the results without any time-consuming struggle and big risks that always haunt us.
Post
Topic
Board Bitcoin Discussion
Re: Jamie Dimon: I ‘Don’t Give a Sh*t’ about Bitcoin
by
ningrumxxi
on 10/12/2018, 02:37:35 UTC
so many talk about social faces opinions. but all that should matter to a bitcoiner is code
the most important discussion is that can get us an advantage,  especially profits in the form of money,  so it is not important all that is happening in the bitcoin debate, the most important potential is whether or not there is profit, that's all,  no need to question public opinion.
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Topic
Board Economics
Re: Is the Market Stabilizing?
by
ningrumxxi
on 10/12/2018, 02:30:00 UTC
Sometimes there is a slight impression it's going to stabilize, like yesterday, when it rised to $4100 again, but the resistence isn't being enough to stop the dump that continues right after. We need to give it more time to know if the dump will continue strong or if there will be a truce.
Many predictions say it's not going to stabilize soon, take this in consideration to make your decision about what to do.
as long as there are still some interests that want to dominate each other, the market will never be stable, so there should be no more individual interests controlling public interest, because there will be uncertainty, so that bitcoin should not be made an attractive place, because it will hinder the progress of the currency digital, has an effect that will endanger us all, we all know that the world of commerce really needs bitcoin to become the single currency in the world.
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Topic
Board Legal
Re: Bitcoin Taxes USA
by
ningrumxxi
on 10/12/2018, 02:17:37 UTC
Most major economists on television and news outlets are saying Bitcoin is worthless. I'm going to use that "expert" analysis to do my accounting for trading Bitcoin. I don't see how they could tax your trades as the value of the coins fluctuate so rapidly. I think they are only talking about cashing out Bitcoin into fiat currency, but I'm no accounting expert. I will just play dumb as I don't plan on converting any of my holdings into cash this year.
Tax withdrawals are usually imposed if Bitcoin is exchanged for a country's money and is used to pay for something, it will indeed be taxed, but is it possible for Bitcoin to be taxed if not used for anything, and not exchanged into any currency, the answer is impossible the tax that will be charged is the buying and selling tax and asset tax, maybe like that.
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Topic
Board Legal
Re: Buy bitcoin for someone else?
by
ningrumxxi
on 05/12/2018, 00:19:34 UTC
If you really care about your friend better to tell him everything, and teach them how to play in the market. I’m not saying that you idea is illegal, its legal as long as you are committed but again teaching him about cryptocurrency is the best thing that you can do, let him enjoy the cryptomarket.
sharing knowledge with close friends or relatives is very good, besides being more educating so that our success is enjoyed with us, success that has no effect on the surrounding environment that I feel is just vanity, because we are not always at the top because one day we also need help from others, so let's start sharing knowledge about bitcoin and how to trade properly.
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Topic
Board Bitcoin Discussion
Re: Bitcoin legal and illegal countries
by
ningrumxxi
on 04/12/2018, 02:54:00 UTC
The United States has one of the best approaches as how to treat Bitcoin from a tax perspective. The government simply views the coins as property and you pay a capital gains tax (unless you live in Puerto Rico) when you sell them. You can still get jail time if you sell them in bulk as an unregulated money exchanger but most people wouldn't fall into that category. 

More countries should take this simplistic view on how to tax/regulate Bitcoin and stop thinking of it as a currency.


 Grin
What is that? I think that considering bitcoin as an asset and starting to apply taxes to the owner is indeed a very good choice for a country, but in reality the owners don't want it, because basically bitcoin is money, so it must be used as a payment tool rather than storing media, if only categorized as assets, the function of bitcoin as a currency will disappear, and the era of the currency revolution will stop, and the world will remain controlled by the dollar as an international currency, and this is a monopoly currency system.
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Topic
Board Economics
Re: Bitcoin business success
by
ningrumxxi
on 04/12/2018, 02:32:47 UTC
I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
a business if we are diligent in producing results, if we trade bitcoin then we can take some advantage, we can learn and start predicting price movements over time, this can really help us in determining which trade can benefit , Bitcoin currency is an attractive choice for business people, because there are big profits in the future.
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Topic
Board Legal
Re: How is bitcoin supposed to be?
by
ningrumxxi
on 04/12/2018, 02:23:37 UTC
I think Bitcoin should be classified as a currency instead of an asset, at least in the USA this is something that needs to be changed.
Now the IRS is demanding taxes between each trade, because cryptocurrencies are seen as an asset, so each trade between cryptos is seen as a taxable instance.

I really hope that all cryptocurrencies would be exempt from taxes on each trade, just like with Forex.

It's better in my country, Belgium, as crypto is only taxed when it's exchanged for fiat. You pay a flat rate of 33% on taxes on your profit.
changing the status of bitcoin in each country is very difficult, because every country has its own laws, so making bitcoin recognized as a currency in each country needs support, especially from major countries, but if bitcoin can replace the function of the fiat currency it can facilitate multinational traders , this can be a very good progress for the world trade system, but bitcoin has been recognized as an asset which is a good progress.
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Topic
Board Economics
Re: Why we must study Economics at University?
by
ningrumxxi
on 03/12/2018, 01:08:24 UTC
Because it is a guide to make your way for being a successful entrepreneur.Successful entrepreneur started in learning then after that is applying then success will come.Without proper knowledge how can you survive and understand the world of business.
learning economics can actually be anywhere, the most effective is actually directly involved in buying and selling, but if we study economics at the university we will be given a method of business management, namely detailed lessons about the world of global economy, so our potential for success is if we become business people become very big.
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Topic
Board Bitcoin Discussion
Re: How do you promote Bitcoin?
by
ningrumxxi
on 03/12/2018, 00:58:47 UTC
How do you promote Bitcoin or crypto currencies?
Do you even promote it ?
I am promoting it to my friends back when I was just new in crypto ,
But most of them doesn't care about it back then.
I was very difficult to introduce bitcoin to the environment, because in the country I live in, bitcoin is still unfamiliar and not yet popular, introducing the most effective indeed with proof of success, things like this are clearly more pronounced, so all need real evidence.