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Showing 20 of 69 results by paeackk
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Topic
Board Trading Discussion
Re: Why almost everybody suggest to hold?
by
paeackk
on 24/03/2018, 09:20:16 UTC
Hi all,
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.

With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.

Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.

I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.

I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.

I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.

Thank you for your time reading this and excuse my lame English.

Regards.

I didn't see that almost everybody suggest to hold - they just give an advice not to sell on the dips. So And if somebody doesn't want to sell by the low price he has to HOLD. I mean, that's obvious.
Post
Topic
Board Economics
Re: Will future paper money disappear?
by
paeackk
on 24/03/2018, 09:15:17 UTC
With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.

I'm sure that paper money will desappear as a relic of the past. But it won't be repleced by cryptocurrency, it's too early to talk about it now - we are moving to idea of cashless society. It would be credit cards' era.
Post
Topic
Board Economics
Re: USD vs BTC
by
paeackk
on 23/03/2018, 14:40:24 UTC
The paper money should stand at least for more 50 years, then can and should upgrade to digital, but fiat as currencie will always be the most supported, and dollar is the king of fiat currency, there is no way to change it, neither bitcoin has such potencial to take its place.
Post
Topic
Board Economics
Re: Before I Die...
by
paeackk
on 22/03/2018, 08:49:11 UTC
I want to see every single bank - central, private, or public, moneylenders, etc. wiped off the face of the earth.

I want to see every person earning less than $2 a day (10% of the world, definitely more as hidden figures and ever falling fiat value) have food, clothing, and shelter.

I want to see human beings transact across borders without any fear or market manipulations.

I want to see every human being live the life of dignity, as a free, sovereign individual, who takes care of his own food, clothing, shelter, and healthcare.

"Satoshi is Cyber Buddha - he arrived on this planet to liberate us from the central banking hegemony of fiat currency - a never ending cycle of booms and busts. Bitcoin is Nirvana."

I will die, but I...

WE.

WILL.

LIVE.

ON.

THE.

BLOCKCHAIN.

Are you sure that everyone deserve to living conditions you just described? Everyone are in control of their own lives. God helps those who help themselves.
Post
Topic
Board Trading Discussion
Re: Where to learn how to trade
by
paeackk
on 22/03/2018, 08:45:08 UTC
Bitcointalk threads can give you a lot of useful information if you could use it in the right way. You can check "serious discussion" and "Ivory tower" sections to find everything you need.
Post
Topic
Board Economics
Re: Time is money, how you manage your money and time ?
by
paeackk
on 22/03/2018, 08:37:12 UTC
Just imagine, how precious is the time for your life? What a valuable time for your financial development. You have the possibility to become a rich person if you try to manage time in a very efficient way. An hour for you could be equal to one month for others. When you waste an hour, you're wasting a month's time for someone else. Therefore, arrange yourself in such a way that can really take advantage of time well.

The quality of time you have will elevate you to better financial condition. If you value time, then time will also appreciate you. Therefore, the English proverb says "Time is money", which means time is money. Pepeatah has a tremendous meaning, which will change your life for the better. The price of your time is the same as the price of money yo

You shouldn't manage your time if your per hour salary allows to meet your basic needs. It makes life a lot easier, doesn't it?
Post
Topic
Board Tokens (Altcoins)
Re: TAXI TOKEN - The decentralized taxi service on a BlockChain platform
by
paeackk
on 19/03/2018, 10:54:10 UTC
I think this is an interesting idea but it is not so easy to implement. One thing I still dont understand is how the value of one token increases with time and second problem could be to find partnerships with taxi services and find the best technical requirements for payment.

They are not necessarily dependent on partnerships with taxi services, why would they? Anyone with a license will probably be able to sign up on their platform and start benefiting from the tools TAXI token is going to provide. That alone creates a lot of advantages and then even taxi services might decide to sign up to not miss out on the opportunity.

robotic taxis programmed via blockchain? :-D #sci-fi

I wouldn't say it is that much of a science fiction scenario. It's gonna take some more years, but it will happen that self-driving taxis will be ordered via a decentralized system.

Tesla corp is well placed to provide the self-driving taxi service, but it might take some time and it won't probably happen in our lifetime  Cry
Post
Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
paeackk
on 19/03/2018, 10:24:27 UTC
Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

That day will never come, its impossible for bitcoin to replace dollar ever in future, dollar is the most popular currency worldwide used and accepted everywhere. It will hold its power in future too.
Post
Topic
Board Economics
Re: Government & Bitcoin
by
paeackk
on 19/03/2018, 10:11:21 UTC
Everyone is aware that what government as done so far for the betterment of country and society. They are just busy in filling their own pockets with black money and scandal and scams if they start supporting bitcoin then it would end all their corrupted activities.
Post
Topic
Board Trading Discussion
Re: How do you Panic?
by
paeackk
on 17/03/2018, 13:53:05 UTC
The word "panic" should be banned from the dictionary of a successfull trader. Even if you're not, you have everytime planned a different scenarios where you can avoid all type of panic. Normally people in panic start selling/buying without reasons, and lost a 10% - 20% just for choose the wrong time. It's upsetting.
Post
Topic
Board Economics
Re: Bitcoin as your main income?
by
paeackk
on 17/03/2018, 13:41:30 UTC
It seems impossible to make bitcoin Hold as my main income. The only way you can gain an income - BTC speculations, but you have to be an expirienced trader to avoid losing. In another instance you risk to lose your investment bank.
Post
Topic
Board Economics
Re: If you achieve your target in crypto field then what you are going to do next?
by
paeackk
on 17/03/2018, 13:33:57 UTC
in my opinion is it will convert to half of money and another half again reinvest. what is your opinion and let rock together with my topic.?

I think that will be the best moment of whole my life because my goals in crypto could significantly change my way of life. I'll withdraw approximately 3/4 of my money and buy a lake house in Norway  Roll Eyes
Post
Topic
Board Economics
Re: Bitcoin to be international currency
by
paeackk
on 15/03/2018, 07:59:57 UTC
Bitcoin won't become an international currency until it loses the volatility. Also bitcoin isn't very popular and many nations haven't really allowed the use of the cryptocurrency. But it's convience is attracting many people everyday.
Post
Topic
Board Economics
Re: Imagine Bitcoin recognized around the world.
by
paeackk
on 14/03/2018, 07:54:18 UTC
Do you think there will be a chance that bitcoin will be recognized by all people around the world? If so, what would you contribute for the success of bitcoin in adapting human culture?

Everyone knows about gold and how to mine it, but that doesn't mean that can have an influence on human culture...  Huh
Post
Topic
Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
paeackk
on 14/03/2018, 07:51:13 UTC
In fact bitcoin is easier than real money ,in the sense of transection, free from taxes. It provides an alternating way to earning which only depends upon the knowledge. Because real money can earn by uneducated person also whereas  bitcoin depends on education of yourself.
Post
Topic
Board Tokens (Altcoins)
Re: TAXI TOKEN - The decentralized taxi service on a BlockChain platform
by
paeackk
on 12/03/2018, 16:31:50 UTC
how do you differ from your competitors?

By the way, could someone share any links to similar projects? It would be interesting to compare the advantages...

I tried to post some links a few hours ago but my post was removed o.0
Post
Topic
Board Trading Discussion
Re: Can Bitcoin Reduce to $ 4000?
by
paeackk
on 10/03/2018, 12:43:28 UTC
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

According to some sources, cryptocurrency was supposed to die in 2012, as an in 2013 and 2014. But we are still here. Do not let them incite you.
Post
Topic
Board Economics
Re: Bitcoin or gold?
by
paeackk
on 10/03/2018, 12:38:58 UTC
For seriously large investments that would like to maintain value at least and not aiming for high profit I would prefer gold. But if you want to make regular profits in short term then that is possible only with bitcoins.  Bitcoin is an interesting investment with high profit and high risk.
Post
Topic
Board Speculation (Altcoins)
Re: Where to invest 500$
by
paeackk
on 05/03/2018, 11:16:57 UTC
That is not the best idea to ask any questions on btct Grin If you really want to invest your 5 hundreds - you have to review the most interesting and profitable ways to do it.
Post
Topic
Board Altcoin Discussion
Re: monero price in future
by
paeackk
on 05/03/2018, 11:06:14 UTC
Monero got a great pump not a long time ago. I was earned some money then  Wink
I think that it's not the last price growing, so watch it out.