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Showing 20 of 135 results by nischal123
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Topic
Board Bitcoin Discussion
Re: Cryptocurrencies Necessity
by
nischal123
on 22/09/2018, 05:34:33 UTC
Everyone knows that, but the government is blocking the world from connecting with Blockchain. This technology is really good but it is being exploited by bad sectors. So that's why it grows slowly. However, it will soon be applied in some large enterprises.
Of course we can take example Microsoft IBM already accept bitcoin even UNICEF accept bitcoin and altcoin donation. Steadily, people are accepting crypto and technology  
Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrencies Necessity
by
nischal123
on 22/09/2018, 05:21:55 UTC
In my opinion, I do not think fiat money will be replaced by cryptocurrencies as most of the people has not yet become familiar and mass adaptation is not yet in full scale in the current situation. Moreover, the popularity of the cryptocurrency is now being recognized by many people and the advantages it has served to the public has a remarkable effect with respect to transaction payments which is much faster and convenient to the user.
We have already seen that even UNICEF is accepting Bitcoin Fund. As we can see people prefer shopping online rather than  going  Shopping mall as a result Amazon owner is richest person in the world. we here will not discuss the shopping , but rather look at technology and its use. Technology new idea  are being accept by people . Furthermore crypto are instant and more secure compare to fiat currency. Definitely, ccryptocurrencies will take time to be familer and gain trust from people. You also read this thread for further  info https://bitcointalk.org/index.php?topic=5030878.msg45831670#msg45831670
Thank for your opinion
Have a great weekend   Wink
Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrencies Necessity
by
nischal123
on 22/09/2018, 02:30:03 UTC
fiat money doesn't have to die for bitcoin to grow and bitcoin growing doesn't have to kill fiat to replace it. bitcoin can and will coexist alongside fiat as time goes by and increases its adoption. all the country debts, shenanigans that we see in the fiat world aren't really going to kill it in my opinion. not to mention that decentralized currency is not some perfect solution to save every problem of the monetary world. it has problems of its own.
I suppose when the crypto are legalize the use of fiat currency will be low. As we see in the initial era people use barter exchange but after the fiat currency was introduced slowly barter exchange was disappear. People now a days need more transparent easy and instant thing so I personally believe that crypto is far better than fiat currency in term of technology and transparency.
Post
Topic
Board Bitcoin Discussion
Cryptocurrencies Necessity
by
nischal123
on 22/09/2018, 01:58:22 UTC
Necessity vs. Superiority

There are two competing theories about how cryptocurrency will go mainstream.
•   Superior technology: Cryptocurrencies are the future of money. They are secure, programmable and don’t require middlemen. The possible applications are endless.


•   Necessity: Fiat money, as the entire world uses it today, always collapses. Always. There’s nothing backing today’s currencies, and government spending around the world is out of control. When the current system collapses, crypto will take its place.


It’s important to note that there is some overlap between these theories.

Many of us believe they will feed off each other.
Most people acknowledge that there’s something wrong with the current system.

It’s easy to see the outlines of the problem – huge deficits, reckless spending
and money printing.
Historically, this situation tends to lead to massive money printing and eventually hyperinflation,
which brings about a “debt reset.”

It’s happened time and time again.

Almost every country in the world has been through it multiple times.

All of Europe, South America and Africa has seen this ugly cycle occur.
We can see these forces at work today in certain areas around the world.

As I frequently point out, any country that has high inflation, debt and monetary
woes tends to be a crypto hot spot: Venezuela, Argentina, many parts of
Africa and, just recently, Iran.
Almost anywhere there’s a lack of trust in central banks and government,
there’s a thriving crypto community.

It has now spread across the entire world.

And it’s all fueled by a thirst for new technology and distrust of the political establishment
and the establishment monetary system.
People don’t talk about the more controversial aspects of crypto enough.

The eventual collapse of the local currency is not considered polite dinner table conversation.

But it’s the reason there’s so much passion behind the movement.

People want a better system.

They want one that is fair.

One they can choose to participate in, rather than having it forced down their throats.
People want currencies that can’t be devalued/printed
at the whim of some academic at a central bank.
But we also want the best technology.

Money hasn’t evolved for several hundred years.

It’s time for some accelerated evolution.
So while people tend to buy into one of two primary arguments for cryptocurrency (superiority or necessity), I tend to take a more holistic perspective.

We need cryptocurrency for both reasons.

Sources: Quora, https://www.businessinsider.com/why-bitcoin-has-value-2013-12
             https://itnext.io/bitcoin-vs-the-us-dollar-fe8110e2f7cf


Post
Topic
Board Beginners & Help
Re: The good and bad of bitcoin
by
nischal123
on 22/09/2018, 01:46:20 UTC
I personally think what Bitcoin offer is an entirely new financial system.
 
It is possible that we are seeing the rise of a new reserve currency right now.
Post
Topic
Board Altcoin Discussion
Re: Don't Invest On Coins Blindly
by
nischal123
on 21/09/2018, 23:29:12 UTC
A great post. It is unfortunate and unavoidable that people will always find ways of taking criminal advantage of great new technologies. On the flip side, it does indicate that people are willing to adopt cryptocurrencies and shows how widely accepted the technology has become.
Post
Topic
Board Altcoin Discussion
Re: ETHEREUM OR RIPPLE?
by
nischal123
on 21/09/2018, 23:15:59 UTC
Obviously Eth is far better than Ripple. Many token are based on eth not only that eth is popular in internet after btc. And just ignore the headline while eth was $1400 then people compare it with btc but right now eth is low then it is compare with ripple.
Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: I am one of those demoted.
by
nischal123
on 21/09/2018, 13:51:21 UTC
⭐ Merited by HCP (1)
When i first hear about bitcointalk forum i dont know there is some kind of bounty which i can earn some bucks . At first i wasnt familiar with bitcoin so i just join the forum and read the post of senior members to gain more knowledge about bitcoin. After that bounty attracts my mind and i  joined the different bounty camping and didnt post any thing in this forum except my report in bounty camping which is just garbage. So till now  my merit is zero i realize my mistake. After the rules is implement that one merit is necessary to become jr member i demoted to newbie. Then my main focus is to gain merit but right now honestly I am enjoying in this forum by participating in different discussion which for sure invoke my knowledge in the field of Crypto as well as i also share some my experience in the forum. I am not native English speaker my English is not good so far though i am also focusing to improve my English language so i can make quality post.

As like me you are also realizing your mistake that is good but dont be panic if you arent spammer. Improve your English as well as read different books and watch different video related to crypto. Moreover gain enough knowledge about block-chain for sure you will do better and can provide quality post in forum.
Thanks Have a great day
Post
Topic
Board Beginners & Help
Re: The signs of an ICO scam!
by
nischal123
on 21/09/2018, 11:28:34 UTC
Whenever there is an opportunity, there are criminals who will try to hurt
the people who are doing well with that opportunity.

I  have also certain Point you should know when dealing with
cryptocurrency exchanges.

DO NOT rely on a Google search to receive contact information for an exchange.
Scam artists cheat the system and send their false numbers and contacts to the top of the list.

If you get a message like these below at whatever exchange you are using: IGNORE IT.
“Given recent outages, please help us verify your identity. Click on this link where you can enter in your username and password”
“You have reached platinum status. Please sign in at ABC to receive an extra bitcoin”
Etc., etc.
NEVER give your password or other account information to a site using a link given to you in an email.
ALWAYS go to the website directly rather than using any link provided to you in an email.
Our goal is to help you maximize the potential of this once-in-a-lifetime opportunity.

You can, and will, generate great wealth from cryptocurrencies in a safe manner by playing it smart.
Post
Topic
Board Meta
Re: To all higher ranked members here
by
nischal123
on 20/09/2018, 10:46:45 UTC
It is so strange seeing accounts created in 2015 chastising people for being newbies on this forum. 

When i first hear about bitcointalk forum i dont know there is some kind of bounty which i can earn some bucks . At first i wasnt familiar with bitcoin so i just join the forum and read the post of senior members to gain more knowledge about bitcoin. After that bounty attracts my mind and i  joined the different bounty camping and didnt post any thing in this forum except my report in bounty camping which is just garbage. So till now  my merit is zero i realize my mistake. After the rules is implement that one merit is necessary to become jr member i demoted to newbie. Then my main focus is to gain merit but right now honestly I am enjoying in this forum by participating in different discussion which for sure invoke my knowledge in the field of Crypto as well as i also share some my experience in the forum. I am not native English speaker my English is not good so far though i am also focusing to improve my English language so i can make quality post.

May be those account created in 2015 also made same mistake i have done so they demoted to newbie.
Thanks . Have a great day
Post
Topic
Board Beginners & Help
Re: Low-Risk and High-Risk Cryptocurrencies
by
nischal123
on 20/09/2018, 10:20:53 UTC
Not really.
Market cap says something but not all. When you or anybody choose to invest in a project, it is necessary that you do a deep research into the project by: joining their community, having yourself trying their products.
After that, do valuations: will this community grow stronger or be less and less supportive? Will these products be any relevant for the future anymore?
Low and high risk is about how you do a research and invest in a coin with little of knowledge or a lot of knowledge..
Yes Buy the best technology and adoption.is also the  part of wise investor to look about these stuff. Not only the technology other things also need to be mention i am here talking about the market cap Smiley and how to analyzes the coin according to the market cap
Post
Topic
Board Beginners & Help
Re: Low-Risk and High-Risk Cryptocurrencies
by
nischal123
on 20/09/2018, 10:13:27 UTC
For me, it's not as simple as that. You have to consider how much money that you have, how long are you gonna hold that coins/tokens and so on. Diversification is important, but if you choose just because of the market cap, you'll probably miss big gains if you buy coins that have a low price.

For example, with $100, you should look for coins that have a low price if you want to get 5x-10x (but choose wisely). If you buy Bitcoin or Ethereum with it, you can't expect you'll get $200 at the end of the month.
Yes It may be true buddy but They have low risk but low returns.

Post
Topic
Board Beginners & Help
Low-Risk and High-Risk Cryptocurrencies
by
nischal123
on 19/09/2018, 22:37:34 UTC
A healthy portfolio of cryptocurrencies would be a certain amount of funds spread
across both strong low-risk cryptocurrencies higher market cap 
and high-risk cryptocurrencies with lower market caps.
 As far as I am concerned a prominent cryptocurrency trader, noted that price is not an accurate
representation of the size of a cryptocurrency.

Rather, investors should consider the market valuation of a cryptocurrency
to decide its potential and space to grow.
.
For new investor in crypto, think in market cap. Not price per coin. Market cap gives an estimate of the of the potential growth price per coin doesn’t mean anything as the supply for each altcoin differ $0.1 per coin doesn’t mean it is cheap $100 per coin doesn’t mean it’s expensive.
What is Your view Wink





Post
Topic
Board Beginners & Help
Re: Investing in crypto
by
nischal123
on 19/09/2018, 21:57:21 UTC
Sure, In my view it is wise to invest in crypto right now. But you have to remember one simple rule. “Buy Low Sell High” , If you want to make profit then buy and forget. Reason people fails to get the most out of their crypto investment that they are scared and if price drops they sell all of their crypto.

You will need to have a lot of patience and wait for price rising.

Also, remember, only invest the amount you can afford to loose.
crypto  is to stay for a long time and if you don’t know about it’s technology then should learn a thing or t00 about blockchain and how it works.
Post
Topic
Board Beginners & Help
Re: Demoted from Jr. Member to Newbie? Read here first.
by
nischal123
on 18/09/2018, 18:11:43 UTC
And why is juniors responsible for everything? Are we the very ones who spammed the forum? I read a lot of information on the forum, and there are many posts from members, full members ... who after receiving merits none of them earned it! But spammers are of course the same juniors and only juniors!
I also feel sad when i my position decrease to newbie. But after reading the post from theymos and post of other member really the new rule help to remove the spammer many people are here only to earn money even they dont have any idea to trade as well as they even dont have enoguh knowledge about crypto. If you arent spammer real lover of crypto then focus on quality post. Have a great day Thanks  Wink
Post
Topic
Board Bitcoin Discussion
Does Bitcoin have a place in the future of finance as a global currency?
by
nischal123
on 18/09/2018, 15:47:14 UTC
Personally In short, yes, I do believe we will transition towards it and hit a lot of walls along the way while we find acceptance and mass adoption but I believe we’ll eventually hit a point where most of those walls become insurmountable and that’s when the alternatives start to show up..

We’ll start to see various coins battling for the top and it will almost assuredly be an amazing time in our world.


Either way, we’re in for a ride and in the mean time, those individuals saying we’ll hit $50,000 on Bitcoin are not wrong. We’re already on our way now.
I suppose not investing Bitcoin means losing free money everyday. Soon I will see my mother shopping with Bitcoins And i believe world will have a single currency that is Bitcoin.

Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY] 1600 ETH - OPP Open Wifi Bounty - 2nd round 8 week left $$$$
by
nischal123
on 18/09/2018, 04:17:04 UTC

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Board Beginners & Help
Re: jr.member demoted list
by
nischal123
on 18/09/2018, 03:39:01 UTC
In my point of view creating a masterlist of demoted members is not worthy my buddy. theymos already mention that nothing will work till you dont get a merit.
Try to make good post gain good idea in cryptocurrency field the merit point begin to flow.
Thank you
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Topic
Board Archival
Re: Future of crypto is good or bad?
by
nischal123
on 17/09/2018, 18:12:39 UTC
Crypto on a short time has received a lot of success so we can safely assume it's future is safe. But it future can be a little different from what we are experiencing but anyway we are heading towards a world dominated by crypto tokens and it would soon become an integral part of our life.
Yeah you are right crypto are more popular now a days.I very confident in the future of cryptocurrencies because the global community will increasingly want an easy and instant thing. For instance in my country Nepal Majority people use E-payment which is easy and faster than other payment system. Look the technology I mean that this is the starting of digital payments and the future of crypto is rising. thank you