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Showing 20 of 78 results by realBitcoiner
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Board Economics
Re: ASIAN CRYPTO FRIENDLY COUNTRIES
by
realBitcoiner
on 27/06/2019, 11:48:57 UTC
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393

The support Japan had for cryptocurrency increased around 2016/2017 when China decided to ban cryptocurrency, and that was even when the cryptocurrency market started gaining much support from Japan, lots of experts then claimed that much support came from Japan and that helped the price increase then. So Japan has been one of the major countries that are backing cryptocurrency right from time. I didn't know About the Hong Kong, but I do know that Singapore is another country that supports cryptocurrency as well. These three are not the only ones, there are others as well.
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Board Altcoin Discussion
Re: Don't share your best email or KYC with every bounty or airdrop!!!
by
realBitcoiner
on 21/06/2019, 10:25:06 UTC
First of all, most of these bounties are paying pennies, so why would I even risk giving out my information for such useless amounts? I can't take such risk and I'm not stupid. Time has gone when I used to make such mistakes, this time around I don't do such, and I always avoid them. Cryptocurrency was created to be anonymous so I don't see the reason why anyone should be asking for KYC, they must be very stupid to be doing such and I am never going to fall for it. Even if the project claims to pay big, I'm still not going to fall for it, because I already know about all these wicked things they all do in the dark web.
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Topic
Board Economics
Re: Cryptocurrency - future?
by
realBitcoiner
on 01/12/2018, 07:45:33 UTC
What I believe crypto will keep growing in future because today and in future people are looking for easiest way for anything and of course crypto has made trade/commerce and transactions very easy so obviously everyone would prefer crypto which will lead crypto to the growth...
Yes a lot of people would love to make use of cryptocurrency in the future, especially for transaction, though there are still a lot of people who don’t like cryptocurrency and there reason being that it is not safe since there is no protection when you’re buying online, cause once you make payment there is no way to reverse it. But cryptocurrency is very good, and they will be of help in the future.
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Board Speculation (Altcoins)
Re: Xmas Bull Run!!
by
realBitcoiner
on 01/12/2018, 07:08:23 UTC
I am sure what no bull run at xmas, you will be glad if we dont see new deep, which makes holders with cashing out to buy gifts
I do not think that all of them will cashout to buy things for this xmas as many of them have their whole life investment in the crypto. If in the coming month some good thing not happened then this xmas will be bad for many of people. I think SEC need to care for these people and have to approve the ETF to make this xmas more delight.
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Topic
Board Economics
Re: 2018 the year of correction?
by
realBitcoiner
on 17/11/2018, 07:24:28 UTC
Yes, at the end of 2017 there was a huge HYIP on cryptocurrencies and prices soared very high, so it is not surprising that this year there was a recession. It is not known how long this will continue, but if we want to be successful in this industry, then we must remain here and believe until the end in crypto-currencies.

It was something like that, but I could not call 2018 the year of correction. The correction simply cannot last for many months. It was a period of stagnation as perssimist say, and the optimists will call it the stabilization.
In my opinion, we can no doubt call it the year of correction because the market is down and it has natural tendencies to get back to the point of equilibrium so yes this year has been a recovery period.
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Board Economics
Re: How to save money on a long-term period
by
realBitcoiner
on 22/10/2018, 12:05:51 UTC
I don't think that black metals are good for saving money in a long-term period. Their storage and security costs are too high to save near that value over time.
I think they are good materials only if you want use them in infrastructure, otherwise they will taking space in storeroom without point.
The best option for saving money for long term in my view is to invest in property, because property will never lose money and with the passage of time the value of your property will increase. If you put your money in bank, you will spend it after some time because of easy access. If you invest in crypto, it is also usable and not good for long term savings.
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Board Marketplace
Re: "Bitcoin mining is a Big no!"
by
realBitcoiner
on 22/10/2018, 10:52:36 UTC
you can ask for some advice and recommendation.
Most of the miners are in Asia, because the cost of mining is low in Asian countries. In west the labor cost is high and miners cannot save handsome money. That’s why they are quitting mining or mining very small quantity. Mining is no more profitable and when there is no profit why one should waste time and money in such activity or business.
I am not in favor of cloud mining. If you can do mining by yourself its ok, if not then invest your money somewhere else, but don’t even think of cloud mining. Anyway miner think that the profit margin has reduced due to fall in the price and there is no positive attitude in the market, the price is not increasing for the last several months, therefore they are not happy in mining.
Yeah you are right in Asian countries you can find cheap labor and the cost of electricity is also normal. You can also find big place for mining on low rend. Everything is cheap in Asia compare to Europe and America. Miners in Asia earn more money than miners in west because the price of bitcoin is one in the whole world and mining expenses differs in Asian and western countries.
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Board Marketplace
Re: Trading, campaigns, gambling or mining?
by
realBitcoiner
on 20/10/2018, 11:49:32 UTC
Which one would you prefer or best to earn? As far as i have come across, crypto is the best platform to have good earnings. We have many who have a good experience on it and still into it without a regular job. Many have left their main job after experiencing double income from crypto. Many have become millionaire and have changed their lifestyles. Which one would be the best to have good crypto earnings?

If you know everything about in trading, like in reading the candle stick, margin, etc. well then, it is really much good to do trade in the market than doing bounty, gambling and mining. Because in trading you can earn instantly in a day. This would depend on your tactics of course, especially if your in the platform already.
In my opinion campaigns are good than all other sources of making money, because it is free. You do not need to invest your own money. You can make coins for free. But keep in mind that it is time consuming. You will have to give more time to campaigns, upgrade your rank and try to get some projects. If you find signature campaign you will make huge profits.

1. First off, it isn't easy anymore to rank because you need to earn merit according to the next rank.
2. We have a lot of scam icos and so we rarely to see great project unless those that pays bitcoin.
3. No more huge profit.

So go ahead and find a real job. Just do this as a side job.
I will eliminate gambling and mining because in my country mining facilities are about nil and gambling is not for making money. The rest campaigns and trading are the best for making money. If you have trading experience, you can earn big money without waiting and holding for last. Campaigns are also good for making free coins but in long time.
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Topic
Board Altcoin Discussion
Re: Anybody heard of Whalecoin - Is it legit to invest or mine it?
by
realBitcoiner
on 18/10/2018, 12:51:33 UTC
I heard about it last year. As far as I can remember it was launched and opened for mining in September 2017. I don't remember all the details but at that time it seemed  worthy mining for.
September 2017 was the peak time for cryptocurrency and mining was a very profitable source of income but in this time even bitcoin mining is not giving good profit and miners think that if the price drop little bit they will stop mining because of no profit and nobody wants to waste his time and money. In these days I didn’t hear that anybody is mining whalecoin.
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Topic
Board Gambling discussion
Re: Online Gambling Versus Traditional Gambling
by
realBitcoiner
on 18/10/2018, 06:43:35 UTC
Gambling is gambling to start with, it doesn't matter if it's online or traditional.

Most of the arguments seems to tackle about the conveniences and accessibility. Well, valid or not. There are pros and cons for the said gambling genre.

Online Gambling
Pros:
1. Easy to visit/access
2. Player can set his/her ambiance
3. Less restrictions
4. Can set limit? (Depends on the gambling site if they have safety feature like this)
5. Varieties of game
and etc,

Cons:
1. Poor support (Prone)
2. Site Breakdown
3. Prone to scams, hacks, phishing
4. Limited access (Varies on which countries)
and etc,

Traditional Gambling:
Pros:
1. Loyalty benefits
2. Free drinks/food (depends)
3. Chance to meet new people
4. Casino rewards
and etc,

Cons:
1. Poor ambiance (Foggy place due to cigarette smoke)
2. Less control on spending
3. Syndicate prone (Loan sharks)
4. More addictive (high chance)
5. Not that accessible to all
and etc,

There are still a lot to compare, but one thing still connect both, which players  are always the loser and the owner of both gambling site/casino will always be the winner.
All the comparison you mentioned here is quite right and I agree with this. There is nothing to say anything else. I myself do not like gambling because I know the consequences of gambling. It will finish your life. Online gambling is more destructive than traditional gambling because more facilities for gambling. Now young people also gamble online because of ease.
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Topic
Board Marketplace
Re: Cryptocurrency is Great, But How Many Persons Know That?
by
realBitcoiner
on 17/10/2018, 12:34:17 UTC
Very many people have at one point in time or another heard about cryptocurrency but we still have so many yet to sign up for cryptocurrency. You can never know how great cryptocurrency is until you sign up for it and have the experience. More people are sure to sign up and have the experience as we move on.
Too many people know about cryptocurrency but still a large number do not know even the name of cryptocurrency. They need more time to understand and accept the importance of cryptocurrency. Now people use social media, print media and electronic media and these are all means to promote cryptocurrency all over the world easily an in less time.
In my community I think that only 2% people know about cryptocurrency because I am here for more than 1 year and I know how many people have invested in bitcoin and for how long they are in crypto world. Mote time needed for such people that do not aware of cryptocurrency and I am sure in the near future they will also put their money in crypto when they realize the importance and benefits of cryptocurrency.
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Board Trading Discussion
Re: Daily trade Vs long trade
by
realBitcoiner
on 16/10/2018, 07:22:24 UTC
I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.     
Long is not trade but just holding. Trade is always on daily basis. If you want to trade you will have to give time to crypto market as much as you can but if you do not have day trading experience then you can hold your coins for long time. When the price raise more and you realize that you can earn atleast 20% then you should sell your coins, but not all. Hold some for future.
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Board Economics
Re: The world that all money have become crypto currencies issued by government
by
realBitcoiner
on 15/10/2018, 10:35:02 UTC
A governmental issued cryptocurrency would just be e-fiat.
That's what I think as well. Governments only have to tokenize fiat, which will grant them more control over their financial system than ever before. It's a plus in terms of convenience, but fiat will become even more centralized.

Technically speaking I am dealing with digital fiat already with how I barely touch the actual asset in physical form. I use my debit cards or my banking app to settle transactions on a daily basis.

People in Asian countries in the same way aren't dealing much with actual fiat anymore, it's mobile payment apps that dominate the market, and these will continue to take over with how convenient and fast it is.

People themselves won't notice much of a difference between transacting with digital fiat or tokenized fiat, their apps will make sure of that. The only thing they need to do is unlock their wallet so they can send and receive money.
I think there is a big difference between cryptocurrency and fiat. Fiat is only used for online transactions and cannot be used in local markets as regular currency, while crypto will give us both the facilities of online transactions and worldwide use for our daily needs and financial problems. The presence of crypto in the market will eliminate fiat currency.
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Topic
Board Speculation
Re: Bitcoin breaking $20,000 again?
by
realBitcoiner
on 14/10/2018, 07:37:35 UTC
I think that this will not happen again until the spring of 2019 because now the bear market

You are assuming "bear market"  Hello?  

Just to let you know (just in case you don't realize it), we are currently in a BTC price correction or alternatively a "consolidation," which is not the same as "bear market."  

In other words, your assertion of "bear market" remains premature.  

I am not saying that "bear market" might not happen down the road, but we are not quite there yet, even though some folks like to prematurely and presumptively describe where we are at, currently, based on future assumptions of downward BTC price movement (or a very long period of sideways), neither of which has happened yet.
I also think that in this year it is not possible because there are just two and a half months to go in this year and the target is very high. There is a huge difference between the current price and $20000. Hope the next year will be good for bitcoin price. When more and more people invest their money in bitcoin and the investment cap increase the price will also increase.
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Topic
Board Economics
Re: How will blockchain affect the taxing system?
by
realBitcoiner
on 13/10/2018, 13:51:51 UTC
The recent exposé about the Trump family finances shines a light on the ways in which the wealthiest Americans can avoid estate and gift taxes on the transfer of assets to their children.

https://www.nytimes.com/2018/10/11/opinion/trump-bezos-estate-tax.html?action=click&module=Opinion&pgtype=Homepage

"Like Donald Trump, many of the Forbes 400 acquired some or all of their wealth from their parents. These transfers of wealth pass entirely free of income taxes."

The measure of a well-functioning democracy is a tax system that fairly apportions its burdens.

Can blockchain and the inevitable virtual economy make the taxing system less disproportionate?
If you can somehow manage to convince governments to use blockchain to stop the corruption you will face a lot of backlash. Not just from rich people but also from all types of people, first of all rich people control almost all the sides of business world and definitely the media as well, as soon as you do something that will stop corruption you will have to say no to probably billions of dollars from bribes, which means you are better than most people because almost everyone would accept world shattering amount of money however it also means you will face all kinds of media scrunity because rich people will give order to ruin your life on television everyday.
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Board Trading Discussion
Re: What are the trading tips for newbies...
by
realBitcoiner
on 13/10/2018, 11:19:03 UTC
I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
If you have read the books of many legendary investors like Warren Buffett, Darvas, you will understand that investing in success requires practice. Now you should spend some money just to invest in a certain altcoins you like. Create your own investment strategy and you will earn a lot of money from it.
It is also good to read the articles and books of legendary traders but practical is the main thing. The more you practice the more you earn. Analyze the market technically and if possible and you can fundamentally also to know the ups and down of the market. Gradually you will know everything about successful trading and hope that you will make money in the future.
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Topic
Board Speculation
Re: Bitcoin recovering ?
by
realBitcoiner
on 11/10/2018, 14:02:29 UTC
Do you think bitcoin is going to reach june rates soon ?

I don't remember how much It was back in June but Bitcoin is increasing slowly with stability (that's what we need at the moment instead of a pump-dump) and with the halving that happened in last July , It should be just a matter of time till It reach 1000$ , If not more.
I guess this is true . Bitcoin is now slowly recovering to its low price. It is now develop and have its price higher and increasing as time goes by .
   I am very hopeful that bitcoin will continue to grow furthermore. The market is quickly recovering and its development has start to move as well. Just time can tell on when does bullish market bountifully be consistent. I am patiently waiting.
I checked the price few minutes ago which was low but I just checked again which has increased to 6500 US dollar. This price increase indicates that demand rate has increased a little due to which this increase occurred but we have been noticing that price is unstable and continuously keeps on changing between 6k and 7k figures. However, the best thing which is favorable is the low price if we invest right now then we will save our money and later in future we will have huge returns of it.
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Board Marketplace
Re: I can I predict the Dump and Pump of the price?
by
realBitcoiner
on 11/10/2018, 11:58:12 UTC
You only need to study the existing analysis and candlesticks and I will see the market history for each coin. any market dynamics that occur must be involved in some whales and this can manipulate market prices even a little. if we can see and read this movement then you will win in the market
There are many things to do before prediction. You will have to give as much time as you can, you will have to do technical and fundamental analysis, you need information about the current situation of the market. You also need to follow the trust of the people. When you become capable of this entire thing, then you will be able to make some predictions about the future price.
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Topic
Board Speculation
Re: DO NOT GIVE UP !!
by
realBitcoiner
on 10/10/2018, 12:01:26 UTC
Thank you very much to all who give their suggestions or motivations and opinions. I see there are still many people who are very excited about difficult situations. I appreciate all of you, keep your spirit together and wait for the good news that will be present for bitcoin. Success for all of you..
It is a fact that if you want to make money from your coins, you will have to hold your coins for long time and would have to bear this current situation of the market. No doubt the price will go up in the future and those who hold their coins in these rough conditions will be the richest persons of their community in the coming days. Be cool and wait for some more time.
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Board Economics
Re: What if there is a natural disaster, such as an earthquake?
by
realBitcoiner
on 10/10/2018, 10:26:35 UTC
If an earthquake hits an area, and facilities used in accessing internet connection destroys, internet connection maybe paralized and it will be impossible to access the internet. We can't do anything about it but to wait until everything is fixed and normalized.
If internet continues nothing will happen to cryptocurrency. It will still hold the market and people will recover their deficits without affecting crypto market. There are many big natural disasters in the world but we observed that dollar didn’t affect. The reason is that it is mandatory for survival. The same thing will happen in future disasters.