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Showing 20 of 57 results by plucking23
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Board Bitcoin Discussion
Re: I am new to Bitcoin, how can I get started?
by
plucking23
on 20/03/2018, 12:23:30 UTC
Before knowing the things that you want to know, try reading Satoshi Nakamoto's whitepaper. Of course you need to know the basics and the fundamentals of bitcoin before knowing howto use it. You can also read about cryptocurrency in general. And while you are at it, read about some things in economics even basic lessons, it will help you a lot.
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Board Economics
Re: Why do you want high price of bitcoin after all?
by
plucking23
on 20/03/2018, 12:13:21 UTC
Well I think it is true that demanding high prices is pretty much being selfish, but I think that is depending in how they use bitcoin. If they use bitcoin for holding and for earning money from the skyrocketing, then it is natural for them to demand high prices. It can also attract investors so it is a good thing to have a high price.
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Board Economics
Re: Bitcoin as your main income?
by
plucking23
on 20/03/2018, 12:10:31 UTC
Well it is good to have bitcoin as a source of income, but as the main source of earning money I think its a case to case basis. As for me, being a student, I depend solely on bitcoin so I can say that bitcoin is my main source of income. It is highly recommended to not leave a job for bitcoin and use as a sideline, which is true, but is hard to do. I understand why people keep on asking this.
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Board Bitcoin Discussion
Re: Bitcoin to eliminate unemployment.
by
plucking23
on 18/03/2018, 20:45:29 UTC
"If you wish" is not the right term to associate bitcoin jobs and unemployed people. Bitcoin is not a genie lamp that will give you a job right away. Saying that bitcoin is an easy money will only attract lazy people and will make them give uo soon. Bitcoin can not eliminate unemployment, thus it can lessen the umemployment rate. It only provides jobs and source of income but still depends on the skills.
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Board Bitcoin Discussion
Re: Why do we really need Bitcoin?
by
plucking23
on 18/03/2018, 20:41:26 UTC
Well it is not mandatory to own your own bitcoins. Bitcoin being important depends solely on the user. If the user needs a currency that showcases anonymity, fast trasnsactions, and decentralized, then bitcoin is the perfecr currency for him. Many people are saying you need bitcoin today because there is a possibility that dollar might be replaced and you might get out of track.
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Board Economics
Re: Bitcoin's High Volatility
by
plucking23
on 16/03/2018, 22:20:07 UTC
For now, since many people are now users of bitcoin, it is quite impossible for it to reach 0. But if we compare the users and all of the population, we still are in a very low number. That is why bitcoin's price is very volatile. It can have a drastic change when a big time investor sells or buys bitcoin. A region can also affect bitcoins price, like nationwide banning of bitcoin and like so.
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Board Economics
Re: buy high and sell low. or hold which one is it?
by
plucking23
on 16/03/2018, 22:13:52 UTC
I think what you want to say here is to buy low and sell high. Of course buying in high prices and selling them when its low is a very obvious loss. If I had 2 bitcoins, I probably did not sold it when it was in its 20000 dollar mark. I would expect more even just a little pump. But I would have sell it if I saw bitcoin is slowly dumping. I probably would have sold it at 18000 dollars.
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Board Economics
Re: Why Should I Choose Bitcoin ??
by
plucking23
on 15/03/2018, 22:50:22 UTC
I think one good reason why we should invest in bitcoin is the security it gives to the user. It gives anonymity and that is a great thing for me. I am sick of the banks that can see all your transactions. We need privacy every onec in a while right? And also, bitcoin was the first cryptocurrency so it has a strong foundation. It may fall and dump occassionally but bitcoin is so promising that many people speculate that it will skyrocket in the upcoming quarters of the year.
Yes I agree. Privacy has been a problem to banks. Sure it is a great thing but just thinking of having people know when do you cash out your money is a very disturbing fact. One good reason why I chose bitcoin is the volatility of it. The fluctuation of the price really makes it a good way to earn profit. It is also a promising currency since many people trust it. It may be risky but it is a good buy.
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Board Economics
Re: how can the beggars access Bitcoin?
by
plucking23
on 15/03/2018, 22:43:39 UTC
If all paper money were change into Bitcoins, can it be access and use by everyone? how can the beggars access Bitcoin?
Well this is going to be ine of the problems that bitcoin will face if it were to be implemented in the next years or decades. Many people who do not have access to the internet or even with any technological devices would not be priveledged to do transactions. This is a problem that I see but I also see positive sides of it. With bitcoin being used, beggars will start to decrease because people would have to find a job to help yhemselves vmbecause it would be hard ti seek help from other people.
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Board Speculation
Re: will bitcoin rise up to 1M?
by
plucking23
on 06/01/2018, 05:42:22 UTC
i think bitcoin will rise again,up to 1M in december hahaha,because last year bitcoin rised to 1M in december.
I think that it may possible since it has already rise in that unexpected price.so how come that it may increase too like the other time. I wish it would be come true. Im claiming it because it was a good opportunity to start up in our life.

If you are talking about  a certain currency such as Philippine Peso then it can. It once reach the 1 million point, and now it is uprising to it again. We wish that January will be a good start for us here in bitcoin forum and start earning again.
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Board Bitcoin Discussion
Re: Should I hold BTC 0.05 for future ?
by
plucking23
on 01/01/2018, 00:00:03 UTC
Depends on the price of bitcoin in the current time you are in. It is good to save or hold if the price is a small amount only. 0.05 bitcoin is large already for people who has not yet anything. It is advisable to hold it since the price as of today decreases and expected to increase in few days.
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Board Bitcoin Discussion
Re: will people lose intrest?
by
plucking23
on 31/12/2017, 23:34:38 UTC
If bitcoin dies any time, maybe people will not lose the interest yet it will surely decrease. There are other cryptocurrency than bitcoin such as ethereum and litcoin with a good price also but not that like the bitcoin. Maybe since they can gain a small amount since it bitcoin lost, a possible one is that they will be more hard working to gain and to have what they want.
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Board Speculation
Re: What will you do with your Bitcoin in 2018? Will it become more valuable?
by
plucking23
on 31/12/2017, 23:22:12 UTC
There is a prediction that the price of bitcoin this coming 2018 will be a huge rise. Well, people will gonna invest and save for sure until the climax reached and for sure that time will be the exchange time to the their prefer currency. Yes it will become more valuable since they will tend to buy for sure or save it for the future events or upcoming update for the price of it. Another reason might be countries that will open their system to allow bitcoin to be used as payment in transactions.
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Topic
Board Bitcoin Discussion
Merits 50 from 1 user
Re: How to Make Money in Crypto
by
plucking23
on 31/12/2017, 12:22:58 UTC
⭐ Merited by Kousei23 (50)
In order to obtain money in different cryptocurrencies such as Bitcoin, Ethereum, Litecoin and others, you must collect or gain it in cryptocurrency and then exchange it will the currency that you want using a digital wallet. In able to obtain these kinds of cryptocurrencies, you can choose from different ways: 1. Through the forum. Once you ranked up, you can join signature and bounty campaigns that has rate depends on what rank you are. It may take a week up to few months before a campaign ends; 2. Through free faucets. You can search about the different faucets that was free, and able to obtain a little bit amount in given period of time. Just be a hard worker in this one so that you can earn a big amount; 3. Through gambling. Once you collected cryptocurrencies in faucet, you can use them in gambling that is risky of course. You can choose to roll a die and predict the outcome or maybe have the lottery with a big price, inversely proportional to its chance of winning; 4. Lastly is to buy it. You can buy cryptocurrency through the chosen currency that you want. When do you make money there? Just imagine buying it in a small price then wait for the price to become large and then sell it again to gain money. Those are just the ways that I know.
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Board Bitcoin Discussion
Re: What is BTC for you?
by
plucking23
on 31/12/2017, 11:54:50 UTC
Well Bitcoin for me, plays a big role here in our world since 2009. It is anonymous and impossible to think that you can gain it through free one in faucets, gambling and in forum. The only way you know to have it is to buy it. It serves us the stepping stone to achieve what we want. Maybe it took so long before to gain but it will surely worth all of the wait. Bitcoin is a digital money that we can see but we cannot touch. Volatility of bitcoin is the scary part yet the exciting too.
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Board Bitcoin Discussion
Re: What's going on? Bitcoin for the rich only?
by
plucking23
on 31/12/2017, 11:38:39 UTC
Well bitcoin is high to afford if we are going to buy this thing. But bitcoin in terms of getting it through the other way such as gambling, faucets and forum, it will not be limited just for rich one but also for those who are poor and will take these steps to become rich or maybe step up from what they are. Let's not limit the usage of bitcoin just for few people. Let it be used to become more useful for all of us.
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Board Speculation
Re: BTC PRICE
by
plucking23
on 31/12/2017, 11:14:56 UTC
Bitcoin is volatile. Expect these events to happen especially when there is an occasion such as Christmas and New Year. We can expect that after New Year, the price will back to its high one. People are not used to this kind of price that is low just like the other month. Hope that it will comeback since blockchain will surely decrease after the occasion that we have.
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Board Bitcoin Discussion
Re: Will you donate Bitcoin for the poor and needy?
by
plucking23
on 30/12/2017, 12:30:51 UTC
That is nice to offer bitcoins for like charity and so forth. I know there are some well established charitable companies that will take bitcoins as donations. Now the issue i worry about is the fact that most of this organizations that i spoke of might not know how to properly handle bitcoins so they might sit on them till some accounting person noticed them. That i fear would make my donating to a local cause like hurricane victims a long drawn out process.

Well maybe all of us will consider ourselves first before donating to others. Once that we confirmed that we have already enough to live then give to others the blessings that we got. We can donate in the charity for the aged and for the children and other charity for poor. It is not bad to give some even if it is bitcoin.
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Board Bitcoin Discussion
Re: Great way to make Bitcoin!
by
plucking23
on 30/12/2017, 11:22:45 UTC
So, what's new in these suggestions ?

Well to have the great way to make bitcoin, is to make all the possible way to have it. Gambling in dice, slots and lottery. You do have to take the risk yet it will surely worth it. Next is the free bitcoin faucets, there are so many sites that gives free satoshi every given period of time. Next is basically, buying it. Another is through the forum by bounty and signature campaign. Doing all of these can give you a great amount of bitcoin.
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Board Bitcoin Discussion
Re: If bitcoin will be used in our daily transactions.
by
plucking23
on 30/12/2017, 11:04:14 UTC
If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

We can expect that it will happen soon since the price of bitcoin rise. (But these days after christmas, the price goes down). Once that bitcoin is accepted inside a specific country, it will also accepts the acceptance of bitcoin in the transactions. If it was used daily, we can expect that the transaction in their country will be fast and too many people will be accommodated by services.