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Showing 20 of 29 results by pay_scotty
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Board Bitcoin Discussion
Re: We need to change
by
pay_scotty
on 14/10/2018, 09:06:19 UTC
I definitely agree with what you are saying, however there are always going to be people who do things differently than you, whether that is for better or for worse. Money is the root of most evil and unfortunately, the crypto industry is related to money... so the maths speak for themselves
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Board Off-topic
Re: How to become patient?
by
pay_scotty
on 14/10/2018, 08:38:21 UTC
I do believe some people were born and raised more patient than others but overlooking that, I believe patience is about acceptance, understanding and empathy. If you can master these three qualities it is likely you are patient
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Topic
Board Press
[10-13-2018] Is 2018 a waste if if bitcoin prices don’t recover?
by
pay_scotty
on 14/10/2018, 08:35:05 UTC
Despite the excitement being generated in the space of cryptocurrency, to the tune of a $200 billion market capitalization or about five times that of popular electric car maker Tesla, 2018 has been a decidedly bad year in terms of increasing valuation.

Since reaching a pinnacle in December 2017, when Bitcoin prices soared on an exponential bull run to end the final quarter of the year, BTC and the majority of the altcoin marketplace has seen a steady erosion in price over the last ten months. During that time, there have been numerous stories, indicators and otherwise wishful comments made that the bear cycle will break before the end of 2018, with at least one more bullish leap for BTC before we enter the new year. However, last year’s all time high of near $20,000 is appearing to be more and more of a longshot as we enter the final quarter of the year, with the potential for another exponential increase for the coin also looking dismal. There have been bright spots for Bitcoin valuation, particularly in relation to news surrounding the development of a BTC Exchange Traded Fund.

Article in full is here: https://ethereumworldnews.com/bitcoin-price-cryptocurrency-2018-2019/
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Topic
Board Bitcoin Discussion
Re: TOP 10 BITCOIN CITIES IN THE WORLD
by
pay_scotty
on 13/10/2018, 04:08:39 UTC
Quote from: fidelium1 on September 25, 2018, 08:53:43 PM
Quote from: fidelium1 on September 25, 2018, 08:47:37 PM
Bitcoin is a digital currency that has gained so much attention in the last few years, it is no longer news that a lot of people in countries and cities are embracing bitcoin and other cryptocurrencies as the day go by, but what may be news is what city or country is bitcoin accepted the most. As obtained from FORBES website, a research was carried out recently to determine the cities with most Bitcoin-Accepting Vendors in the world. From the research, the top 10 cities is as listed below:

    CITIES (COUNTRIES)                             NUMBER OF CRYPTOCURRENCY-ACCEPTING BUSINESSES
1. PRAGUE (CZECH REPUBLIC)                                          147

2. BUENOS AIRES (ARGENTINA)                                        141

3. SAN FRANCISCO (UNITED STATES)                                117

4. MADRID (SPAIN)                                                          101

5. NEW YORK CITY (UNITED STATES)                                101

6. AMSTERDAM (THE NETHERLANDS)                                88

7. BOGOTA (COLOMBIA)                                                   87

8. VANCOUVER (CANADA)                                                86

9. LONDON (THE UNITED KINGDOM)                                85

10. PARIS (FRANCE)                                                        82

It should be noted that in order to find Bitcoin hotspots around the world, the research used Coinmap on July 24, 2018. The number of BTC-vendors listed in a city was recorded and did not include corresponding suburbs. It is worthwhile to also state that CoinMap relies on crowdsourcing to list all BTC-accepting vendors. For more information, see link below:
https://www.forbes.com/sites/alexandratalty/2018/07/31/the-top-10-bitcoin-cities-in-the-world/#225ddee54565

Anyone surprised about any of the cities? I am particularly surprised about Madrid being among the top cities, before now, I had always thought that Spain as a whole is not a place for Cryptocurrency.

I too was surprised about Madrid - it didn't pop into my head straight away I will be honest. I also didn't overly expect Amsterdam to be in the top 10, but I thought it would be in the top 20-30
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Board Off-topic
Re: IS RELIGION IMPORTANT?
by
pay_scotty
on 13/10/2018, 04:06:13 UTC
Important to what exactly? Because religion can offer hope and solace to a person, but it can also offer a path to destruction and unhappiness. Religion can be important or it can be useless, it depends on the person
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Re: healthy lifestyle
by
pay_scotty
on 13/10/2018, 04:03:59 UTC
A healthy lifestyle is all about balance - which is different for every person. It is usually made up of healthy eating, a good diet and lots of restful sleep, as well as laughter, love and a job that benefits your life beyond just the paycheck!!
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Board Trading Discussion
Re: The advantage of day trader
by
pay_scotty
on 12/10/2018, 07:54:49 UTC
I think you need to look at both sides - both the positive and negative - to get an appropriate picture. I am not saying your benefits are incorrect, I am merely saying that if you have 5 mid-range positives and 20 mid-range negatives than you need to be make sure you're smart and it becomes more of a gamble than a thought out venture
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Topic
Board Bitcoin Discussion
Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019
by
pay_scotty
on 12/10/2018, 07:51:04 UTC
I do like this for the fact that you skip over the store attendant who can not use the bitcoin payment machine in their store (it drives me insane!)
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Board Off-topic
Re: good movie with motivation ?
by
pay_scotty
on 12/10/2018, 07:48:47 UTC
I would say Coach Carter is definitely up there
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Topic
Board Bitcoin Discussion
Re: Unocoin one of the largest exchange in india plan to launch Crypto ATM in india.
by
pay_scotty
on 12/10/2018, 07:46:37 UTC
I posted a topic already here, but this is kind of like what a Singaporean-based start-up is doing - but they are creating actual 'physical bitcoin' in card form
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Board Press
Re: [2018-10- 03] From Pizza To Lambos: Charting Bitcoin’s First Decade
by
pay_scotty
on 11/10/2018, 02:53:08 UTC
Interesting article which shows a pretty good timeline - would be good for general knowledge info
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Topic
Board Legal
Re: Cryptocurrency and regulation, do we need it?
by
pay_scotty
on 11/10/2018, 02:51:10 UTC
Given the history of Bitcoin and why it was created in the first place, it seems contrary to it's creation to 'regulate' it - in saying that, every system needs some sort of guidance to run by and regulations are the easiest forms of that (well I believe anyway)
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Board Off-topic
Re: Sneakers
by
pay_scotty
on 09/10/2018, 10:01:17 UTC
It really depends on what you are using your sneakers for! If you want them purely for show, Adidas, Nike and Converse are amazing. New Balance and Asics are great for running though
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Topic
Board Press
Re: The United States announced the possibility of tracking criminals...
by
pay_scotty
on 09/10/2018, 09:57:01 UTC
Quote from: cryptofonia on October 08, 2018, 06:31:38 PM
US Congress claims that there is no anonymity in Bitcoin blockchain at all...

US Congress claim a lot of things...
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Topic
Board Bitcoin Discussion
Re: They want you to panic :->
by
pay_scotty
on 16/08/2018, 04:00:21 UTC
it is understandable why people are starting to panic. the bitcoin was up for a long time and then suddenly the slow continuous downward movement. what makes people panic even more is that bitcoin is still new so the history of its performance in the stock market is difficult to understand. its also a digital currency so maybe people think that it will keep on going down. or that it was just a trick to make quick money and now the game is over. but you can always sell whatever you bought, even if for  a small profit
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Board Beginners & Help
Re: Beginners with small amounts of money
by
pay_scotty
on 15/08/2018, 03:12:11 UTC
if you are a started then you should really do a lot of reading up on bitcoin and all the other digital currencies around, just to get a better understanding and to work out a game plan. this will help keep you in focus and not to panic when someone says that the bitcoin is falling or get over the moon happy when someone says that the price went up - just stick to your plan. For beginners with small amount of money I would suggest then to choose the best investment that you can afford or to save a bit more if you  feel that another coin is more profitable.
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Board Altcoin Discussion
Re: OMG The sky Is falling!!!
by
pay_scotty
on 13/08/2018, 16:58:16 UTC
i guess many people are stressed because of the fluctuation of bitcoin, and it has been dropping since last year. but i think this is a normal process, its s a good time to buy in for those that are still thinking of buying. For those that have bought, its a time to wait and save money. Its a holders game. I think the best thing to do is buy and hold on to it for a few ears to really get rich. Otherwise you are just stressing yourself by looking at the price everyday.
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Board Altcoin Discussion
Re: Lets be careful on what we are investing
by
pay_scotty
on 13/08/2018, 16:46:14 UTC
i think you should not spend all your money all in one basket, that is what makes investing dangerous. you should invest and not gamble. but that I mean you should study the market, choose one or two commodities to start with and check them closely.  also your choices should be made on informative decisions and not based on emotions. also you should learn from your mistakes so that you don't make the same ones again. This is why its good to talk to an expert before you start.
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Topic
Board Altcoin Discussion
Re: IS CRYPTO TRADING ADDICTION?
by
pay_scotty
on 10/08/2018, 11:18:09 UTC
I think it depends on your personality, if you are prone to addictions than even trading crypto can take into something addictive. Like gambling or alcohol it can get out of control. So there is no real danger when looking at bitcoin specifically, but rather with the person. I think to avoid addiction you should not invest all your money, but rather money that you saved for investing, this way if you lose the money you will not feel so bad, you will also remain in control of your emotions. another thing is to stick y your plan and remind yourself why you invested in the first place.
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Topic
Board Speculation
Re: What is our assurance that Bitcoin will stay for long or forever?
by
pay_scotty
on 10/08/2018, 11:13:18 UTC
of course no one can assure that this will happen. but you cannot assure anything in this life. And besides it is far too early to make any kind of prediction about bitcoin because it has not been on the market long enough. To make such predictions one has to look at the history and also at the different economic situations over time, as well as inflation and fluctuation. But at the moment I think that bitcoin will be around because it has grown and is now gaining momentum.