They should regulate Bitcoin to prevent money laundering. Decentralized doesn't always mean ignoring safety because of its anonymous system. Honestly, I don't think Bitcoin should be treated as a threat because its influence to financial system is not really that strong and worrying.The government will impose tax and rules for a transaction made within fiat and cryptocurrency, also may be within cryptocurrencies. Not all countries may perform this task, but there are few countries that are already undergoing this process.
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Re: Cryptocurrency wallets: Can they be hacked??
by
nororiek
on 20/08/2018, 14:32:04 UTC
However wallets are also fragile as they are also born through programming. There is a likelihood of hacking any wallet, even the paper wallets if the server with those details are hacked. So it is your part to take your own risk in keeping coins or tokens in these wallets or moreover to being in this crypto field.
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BoardMarketplace
Re: Which goods
by
nororiek
on 20/08/2018, 14:29:43 UTC
Yeah it's been asked in what good users have interest to buy using bitcoin directly. In this case digital goods were much preferred than other products available offline. Even in online stores we cannot get the products that we look for, only we can get limited products that were listed in exchange for bitcoin.
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Re: What is the most critical moments in Cryptocurrency and Bitcoin history
by
nororiek
on 18/08/2018, 18:20:08 UTC
However, they are gone today. The next critical moment is when Japan entered the crypto market and legalized it. It was madness because after the Mt. Gox heist, we thought that they have forgotten about bitcoin, but I'm wrong because they suddenly adopt bitcoin and one of the biggest news last year that pushed the price of bitcoin to $19K.
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Re: Why does it call "market will never sleeps"?
by
nororiek
on 18/08/2018, 18:19:17 UTC
But crypto market are don't sleep it depend on internet and never close and open on time it is open for twentyfour hour because here are all over the world peoples are doing trade and they have different time zone. their are big different in crypto market and physical market.
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Re: issues on the internet
by
nororiek
on 17/08/2018, 18:01:46 UTC
You know, negative news/issue always easily pumped to the top and also there are many people out there love to spread the FUD about cryptocurrency, makes the market down.
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Re: Best selling item online for bitcoins?
by
nororiek
on 17/08/2018, 17:59:27 UTC
I guess those options you have are not that much in demand for bitcoin selling industry, because the most profitable item that you can sell here using bitcoin is some computer thingy and digital items and here in the forum especially the services like making web site, lay outing, article making.
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Re: can bitcoin in the future surpass gold?
by
nororiek
on 16/08/2018, 18:44:14 UTC
The truth is that this technology is a sleeping giant and even in sleep it is being attacked and it withstands it. I am eagerly waiting for the time it will wake, if it can achieve this while asleep , imagine when it is awake....
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BoardAltcoin Discussion
Re: Lets be careful on what we are investing
by
nororiek
on 16/08/2018, 18:42:34 UTC
It is okay to waste your time researching about it because losing some money is very hard to regain especially when you are only a beginner here in the world of cryptocurrency. Don't invest in some hype coin. Always do your own research because it is always the best way to gain some profit.
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Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE
by
nororiek
on 15/08/2018, 19:42:20 UTC
Mining these days requires a lot of things to consider, and the most important is the rate of electricity where you are. Once all this can make mining feasible, then choosing the right hardware for the coin you want to mine is just the best and that can be done from research.
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BoardEconomics
Re: Economy in your country
by
nororiek
on 15/08/2018, 19:40:41 UTC
We have observed that countries use USD as fiat currency as it is valuable and making their economy better. Now Bitcoin is the most profitable and valuable one, if countries upgrade to this valuable currency then it will be better for boosting economies.
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BoardEconomics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
nororiek
on 15/08/2018, 19:39:12 UTC
While if you will sell it due to the dumps, you will lose profit because the market price is low. Holding is the best thing todo when the market price moves a lot. Sell if the price is a bit stabilized, or if it is stucked on a certain value. Also, consider investing in order to earn huge profit since its markrt value increases for a long run
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BoardTrading Discussion
Re: Why are people afraid to invest in cryptocurrency?
by
nororiek
on 13/08/2018, 19:07:25 UTC
I discuss crypto to my friend and tell him to be engage in crypto specifically in bitcoin her answer is that crypto is a scam and he is afraid to it.. Their mind were close with that idea so its hard to convince them. How I wish media would help them understand about the goodneas of crypto,in that way they will believe it.
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Re: Which one is a better investment Bitcoin Or Ethereum,
by
nororiek
on 11/08/2018, 18:47:39 UTC
The good thing with respect to these are the expansion in cost on normal premise as we realize that now the bitcoin cost is more higher than ETH yet in general the season of bitcoin is more than the ETH and the monetary examine
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Re: Many cryptocurrency players have gone bankrupt
by
nororiek
on 11/08/2018, 18:45:12 UTC
Yes, every time the market dumps, a lot of people exit in the market and guess what, most of them spend their money in to not important things and when the time market recover, they dont have money to invest now.
I have been following bitcoins for the past 4 years. i am an Enginner. i remember how bitcoin was introduced to Me. To be honest, i was thruogh ponzi. i used to deposit over 0.1,0.4 to earn 0.7 to 0.9 bitcoins and i made a lot of Money. then, suddenly i decided to go for the killer jackpot and stack all my btc for once. i can remember clearly when a friend was advising me NEVER TO PUT ALL My eggs in one basket. i refused to listen and insist that it is only by strong will can one survived. Unfortunately I LOST EVERYTHING. IT was my life saving. Both my earning and my interest. To cut the story short. i borrow money form the friend that was advising me not to stake everything. i need to pay back. But i will never depart from my lesson learnt from the bitcoin stuff. i bought another bitcoins last year august and keep it away from anything. i strongly believed that i will still get my money and my friends money. Thanks to the current Market, I HAVE TO SELL EVERTHING TO PAY MY DEPTHS.
NOW I AM FREEEE.
I'm sorry about that.This is life, especially cryptocurrency is tin. Some get rich and others lose everything, but I'm sure that you will be all right, and you will return everything !The main thing is not to give up,and be as brave as we know the most successful people have suffered thousands of failures.
What is your recommendation for Crypto trading, Day trading or HODL Experience in crypto trading big loser or winner
For each individual,if you have tradite and you specialist then HOLD not up to you.But if you are a beginner then I think you will not be able to trade (even if you start you are likely to be hold)
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Re: Who believes in HODLING?
by
nororiek
on 09/08/2018, 17:24:37 UTC
It's also a strategy I'm using right now and also one of the most basic strategies to deal with losses. However there are otherwise ways to cope with the occurrence of a big/significant decline ie make it an opportunity to buy and a chance to earn even greater profits.
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Re: Bitcoin global regulation
by
nororiek
on 08/08/2018, 17:55:22 UTC
Regulation is a thing which contributes to the income to increase more and more, we should not take the price falling serious and we should not lose our hope soon bitcoin will get legal and we will earn higher than this, Japan and Korea has taken it start to say bitcoin as legal currency for their country and I hope my country will be the next and so on.
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BoardBitcoin Discussion
Re: Which one do you choose?
by
nororiek
on 08/08/2018, 17:52:51 UTC
Onlines would be much better for me that using it on trading and exchange. I can finally buy the things I want and need without the hassle. Now if only many online stores accepts bitcoin. Report to moderat