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Showing 19 of 19 results by puranijeans0011
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Topic
Board Speculation
Re: Can Bitcoin Still Go Up?
by
puranijeans0011
on 01/01/2018, 16:26:46 UTC
Yes, i think the present price of Bitcoin isn't the last goal target that Bitcoin could reach.
Outdated is the key word you mentioned here.  To me BCH wants to stay the path of the outdated coin with its only key improvement of increasing block size.  I would like to see how they would ever plan to handle mass adoption.  Are we going to be talking GB blocks by then?  Bitcoin needs innovation such as lightening network to stay ahead of the game or else an altcoin will eventually take its place.  BTC is on the right path whereas BCH is just placing a bandaid on a problem that they will have to circle around to fix again and again if the team stays that path.  I think both coins can coexist but the true Bitcoin is Core err...Segwit2X...we'll have to go another round in November, but after that the future looks very bright
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Board Off-topic
Re: What wallets do you use?
by
puranijeans0011
on 01/01/2018, 16:17:21 UTC
I mostly using BTC wallet and my etherwallet (Etherum)
I mainly use coinsph wallet for deposit and withdrawal purposes. I also use blockchain wallet for storing my bitcoins for long term savings. I use myetherwallet for storing my ethereum coins. Sometimes I use my xapo wallet and poloniex too. I also use eobot for storing other coins while mining.
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Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
puranijeans0011
on 27/12/2017, 16:46:42 UTC
Real money is the legal tender of the different countries which use in daily financial transaction. It has a monetary value which can be used to buy something.
The difference of this money from bitcoin is, bitcoin can avoid the effect of inflation in the country. Its value is always increasing which will cover the possible increase in prices of goods.
Both are currencies. Bitcoin is a digital currency and other local currencies we are using is normal currency with which we can purchase or do anything we need. As bitcoins is a digital currency, we can only shop or do anything only online. We can shop around and do more things online. But with other local currencies, we can do more / lot where we live.
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Topic
Board Trading Discussion
Re: Trading is unpredictable job.
by
puranijeans0011
on 16/12/2017, 16:03:41 UTC
Yes we can not predict everything that happens in trading, especially with new altcoins. To minimize the risk we should only trade the potential altcoins such as ETH, BTC, XEM, XRP.
It really different way on how you trade when you're trading stock exchange and trading with altcoin.
Both of them are have their own risk but stock trading usually depend on world issue meanwhile about altcoin trading is really unpredictable if you're not fully analyze about it
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Topic
Board Speculation
Re: Will the price of bitcoin increase forever?
by
puranijeans0011
on 16/12/2017, 15:32:40 UTC
Yes. From here will increase by 1 cent every day forever.
If we suppose that Bitcoin will take the place of fiat currencies in the future (meaning everybody in the world is paid in btc, and use btc as a currency), then usd will worth hardly anything and bitcoin will worth a lot compared to $.
So yes I think bitcoin price can raise for quite a long time, not only because bitcoin has limited number of coins (and number of btc really used will go lower once every coin has been mined because everyday some coins are lost), but also because fiat currencies we compare bitcoin to will decrease in value.
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Topic
Board Bitcoin Discussion
Re: Saving Bitcoins for your Children.
by
puranijeans0011
on 16/12/2017, 15:26:05 UTC
yes. My uncle saved a bitcoin for her children. because he wants to have a bitcoin he can save for his children because he knows that bitcoin is not forever so he gathers and carries out his own business.
That's good for you and your child, that means you have to teach and introduce bitcoin to your child. But kids usually just want to have fun and a pedestal to learn. So you should not force them to know and do what you do in bitcoin. Let them do what they want. If you want to keep bitcoin for your child but they do not want to know, you can entrust the bitcoin you keep to your relatives and give it to him to give it to your son someday.
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Topic
Board Bitcoin Discussion
Re: regret by not believing in BITCOIN?
by
puranijeans0011
on 16/12/2017, 15:17:28 UTC
it's not to be regretted, because bitcoin will continue to grow and if you do not jump into bitcoin now you will only be a spectator in the bitcoin glory in the future. not too late, start learning trading, mining and becoming bounty hunter now.
I never heard about it until one of my friends introduced, so no regrets. I catched up what I can as soon as I felt it has something and look at the support. Bitcoin got more support from a common man than any other currency so I knew it'll be something one day.
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Topic
Board Bitcoin Discussion
Re: Will bitcoin end?
by
puranijeans0011
on 16/12/2017, 15:07:56 UTC

It is never too late to invest, but the predictions that can be given about this currency are really nil. You can execute a pending trend of the trend and a decision
surely one day bitcoin will experience lost for a matter and to invest now is not late because all may start the good thing from now and for bitcoin the price down itukan has become the nature of bitcoin itself
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Topic
Board Bitcoin Discussion
Re: Why Cash is better than Bitcoin.
by
puranijeans0011
on 16/12/2017, 14:54:25 UTC
Cash is better because you can easily use it to buy your needs anywhere in the country/world. You pay cash when you buy street foods, for your children's allowance, to pay for public transportations. People also are accustomed in using cash in majority of their transactions.
Cash is better than bitcoin literally, the world of bitcoin are quite small and cant even supply the demand of the world yet. Cash is more comfortable than bitcoin, we can use cash anywhere, in anything we want to buy. well we hope that the future of bitcoin are brighter.
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Board Off-topic
Re: Bitcoin community is rising.
by
puranijeans0011
on 16/12/2017, 14:04:50 UTC
There is nothing wrong about the rising of community of bitcoin. It is even the vision for the most of us, for bitcoin to be accepted my many. The more people engaged in bitcoin, the higher the demand which increases it price. And the more successful people become through bitcoin, the more they can influence others.
The popularity of bitcoin is increasing day by day and i think that it will have a good impact on bitcoin, There's the concept of supply and demand the more the people know about bitcoin then it will have a high demand and it will has a good affect on it's price too, another thing is if a lot of people already using bitcoin then maybe the government will recognized it and a lot of the big companies in the industry even the local business might accept bitcoin as well.
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Topic
Board Trading Discussion
Re: Investing all my savings!
by
puranijeans0011
on 15/12/2017, 15:06:47 UTC
I will not recommend to instantly invest all your savings, use common sense, if you don't know how to trade you can easily loose you investment easily, if you are planning to do that be a experienced trader or start small.
NEVER go all in ever in something, whatever that is. Use maximum 30%-40% of your savings. It is the first rule of economics. Your idea of investing in cryptos is correct and many encourage it but put only a certain amount in it. Diversity in your portfolio is absolutely necessary!
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Topic
Board Trading Discussion
Re: How I can make money with cryptocurrencies?
by
puranijeans0011
on 15/12/2017, 14:59:48 UTC
you can do some things to get it like; trading, mining and bounty campaign. you can do it by learning it first, to get maximum results.
you don't tell that what you want to invest alt coin or btc. if you want to invest in bitcoin I tell every day you can invest your money in bitcoin. if you follow regularly price chart you saw that every month a time all coin price is down. this time is best to invest.
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Topic
Board Altcoin Discussion
Re: Is Electroneum a SCAM???
by
puranijeans0011
on 15/12/2017, 14:40:48 UTC
I will keep my faith in them. It's a sleeping giant in my eyes. Relaunching took time, but only for the investors own interest, to keep it secure and safe to launch.
Looks like a bunch of professional scammers to me to be honest.  I wouldnt trust it even by touching it with a stick.  But look at this money they are raising, its hard to tell how much of it is actually real.  Electroneum doesnt make much sense to me, and past projects that use flashy words and catch phrases that didnt make sense didnt turn out so well.
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Board Altcoin Discussion
Re: Waves Vs. Ethereum
by
puranijeans0011
on 15/12/2017, 14:26:37 UTC
No one can replace ethereum this easy. Ether is way better than Waves.
Ethereum is a very good platform and you can expect very high returns from ethereum within an year or two. But WAVES is a project which can help you earn very very high profits from waves of you are ready to hold for five or so long years.
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Board Altcoin Discussion
Re: What altcoin will make us rich?
by
puranijeans0011
on 15/12/2017, 14:04:03 UTC
I think the ethereum is the best altcoin that make you rich and it will give you a high profit and in future will raise a great results.
500$ is a good amount to invest as you are about to start trading so you should invest in some alt well the best alt is right know in my thinking is ethereum I see that its price will rise soon. Now everyone is going to bitcoin investing buying selling it but no one is very much interested in altcoins so if you invest in altcoins it will give your great profit.
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Board Bitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
puranijeans0011
on 14/12/2017, 16:41:29 UTC
While it is definitely possible, I don't see any other widely accepted Cryptocurrency other than Bitcoin today. That being said, I don't think it will happen just yet.
Time has shown that nothing is permanent. Bitcoin has gained considerable fame as it is the pioneer of the blockchain revolution. This achievement means that it will hold it's place as the leading cryptocurrency for a while. Nevertheless, new inventions will lead to new revolutions. It hasn't even taken long for Bitcoin to find it's rival in Ethereum so if the past and the present is anything to go by, Bitcoin won't be as hot a currency if new technologies come through soon enough.
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Topic
Board Speculation
Re: Do you check Bitcoin price everyday?
by
puranijeans0011
on 14/12/2017, 16:26:58 UTC
i never check the bitcoin price per day because i invest in bitcoin for long term. i think it's normal to check bitcoin price everyday when you invest in it
Of course, I checked many times everyday and I bet almost all bitcoiner does. It's part of my everyday routine once I pick up my phone. There is no day that I didn't check the price whether I have bitcoin left in my wallet or none.
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Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
puranijeans0011
on 14/12/2017, 16:00:04 UTC
To replace the dollar with bitcoin in the near future seems impossible, we all know that if the USA government is angry it will do everything possible to destroy bitcoin. I think it would be difficult to replace the dollar as long as there is no strong country that legalize bitcoin.
Although I also believe in bit coin and love it, I don't think it can replace dollars not only in 15 years  even in decades. Gold can be a good example as it is valuable against dollar but they are not being used to buy oil till now. Its how us dollar is dominating world market and their is a huge role of government for it. So I think same thing will happen to bit coin like gold.
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Topic
Board Bitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
puranijeans0011
on 14/12/2017, 15:52:58 UTC
While it is definitely possible, I don't see any other widely accepted Cryptocurrency other than Bitcoin today. That being said, I don't think it will happen just yet.
Time has shown that nothing is permanent. Bitcoin has gained considerable fame as it is the pioneer of the blockchain revolution. This achievement means that it will hold it's place as the leading cryptocurrency for a while. Nevertheless, new inventions will lead to new revolutions. It hasn't even taken long for Bitcoin to find it's rival in Ethereum so if the past and the present is anything to go by, Bitcoin won't be as hot a currency if new technologies come through soon enough.