Search content
Sort by

Showing 20 of 141 results by redcucumber
Post
Topic
Board Economics
Re: Making crypto succeed in the real world?
by
redcucumber
on 04/05/2018, 21:48:31 UTC
I see that there will be not much of a problem if people will adopt to crypto infact they want a safer payment than cash yet card was introduce by banks where they can have payments later or now in crypto you won't be needing any card just qr code, address will do everything will be digital and fast its like you owned your own bank.
Post
Topic
Board Economics
Re: Banks Won't Make You Rich
by
redcucumber
on 04/05/2018, 20:16:55 UTC
I agree with you bank are only there to make profit in the money that is entering from their institution, the money we keep in the money are being used in some instrument or investment so that banks can profit, only use banks as a gate way of your money don't make your money sleep in the banks and the interest you are earning in banks are really low compared to stocks or crypto.
Post
Topic
Board Economics
Re: why do people agree to pay taxes?
by
redcucumber
on 04/05/2018, 15:44:42 UTC
government are issuing taxes because its their maintenance to the roads we use in the highways no one is willing to spend their money to fix those, also in hospitals not everyone can afford to have their health check up annually and government are supporting those in all ages also in farming they assist farmers to have capitals so that they can plant crops that will be harvested and delivered to the citizens also.
Post
Topic
Board Economics
Re: How to invest in bitcoin?
by
redcucumber
on 04/05/2018, 12:13:39 UTC
first before investing do some research on what are you investing you should learn the front and back of it first and what the community is saying this are the reviews of its current investors if you can learn more deeper on what it can do in the future then its better because this will be the source of your trust in it just like bitcoin at first many where against it like the internet now many users are still buying and trusting the technology because simply they know how good its potential.
Post
Topic
Board Speculation (Altcoins)
Re: Hodl ether ?
by
redcucumber
on 02/05/2018, 20:21:16 UTC
Its simply if you missed bitcoin ether is the second opportunity because you are more assured that it will increased if the market cap also increase and if bitcoin gain a huge price increase soon the money will flow to ether eventually because of its smart contracts it had been the largest market of crypto and also making some of its ICO very successful like NEO OMG and some notable coins that we can find in the top listing of coinmarketcap ether is very strong it may have a few flaws but I think through time it will be enhance by its developers.
Post
Topic
Board Economics
Re: How will crypto go long term?
by
redcucumber
on 02/05/2018, 18:26:01 UTC
crypto now is at the stage where it is still not discovered by every citizen because doubts and fears are still around the corner making the technology hidden for the masses to understand but at the time the government and the big corporations are adopting the the blockchain slowly the people will see the potential of bitcoin to improve the way of life and many use cases will be made by their ideas in the future.
Post
Topic
Board Economics
Re: The best way to invest
by
redcucumber
on 02/05/2018, 12:00:36 UTC
well the best way for me is to study all the corners first not too much but I just want the knowledge level where I can stand and explore on my own well having a good mentor and material is a plus to learn the shortcuts and advance techniques more easy, in this way the development of my character in making market decisions will be a successful one even in different channels as long as I apply the same discipline where greed and fear is my friend in taking profits.
Post
Topic
Board Off-topic
Re: Some things to consider before starting a business
by
redcucumber
on 30/04/2018, 09:05:49 UTC
First you need to consider what kind of business you will put up because you need to know more about this than your employees in other words this must be your expertise so you know the front and back of operations, next is the place of business because each place has different customs people want their you need to consider what they want and their status of living this involves your pricing, volume and choice of product.
Post
Topic
Board Economics
Re: Diversify Investments
by
redcucumber
on 29/04/2018, 18:11:25 UTC
It depends on how are you going to assess your self based on the level of skill you possess to survive the market, what is your plans in crypto for short and long term, and how deep did you know on how did technology works because this will be your foundation on how are you going to diversify your assets either aggressive or conservative a long the way. A good preparation can survive even the hardest battle its all about controlling the risk and taking your profits so have the discipline needed for your plans to succeed.
Post
Topic
Board Economics
Re: What coin do you believe will be next to bitcoin?
by
redcucumber
on 29/04/2018, 17:28:37 UTC
the closest answer to that as of now will be the top 10 performing coins in the coinmarketcap because this coins are the next in line if we base on marketcap but in terms of what they can do I believe bitcoin is getting behind in this matter because some of the alt coins in the top 10 are very advance compared to bitcoin, eth having the largest market in crypto followed by ripple which is backed by the banks, and bitcoin cash who is saying they are the true bitcoin because they are faster and had cheaper transactions, the next coins have their own specialties which makes them unique or advance than the first known crypto who is bitcoin.
Post
Topic
Board Speculation (Altcoins)
Re: If your coin increased 40% - 200% in value over night. What would you do?
by
redcucumber
on 28/04/2018, 15:47:13 UTC
well it depends on how long are your targets for that coin if you are short term trader it means a lot so close your trade and wait for the next dip to enter a new trade, or invest it in a different channel like stocks but don't forget to have it planned before buying other crypto or stocks. When you are a long term trader this is a good sign for you because your coin is performing well and you might profit big when you close your trades far from now.
Post
Topic
Board Economics
Re: Know Your Customer
by
redcucumber
on 28/04/2018, 09:10:26 UTC
This feature is amazing because it serves as a security to both the provider and the user or seller and the buyer, and it defeats the fraudulent acts attempt by some individuals who want to take advantage of something for their own benefit. By the mean of KYC or know your customer if a problem occurs positive or negative reason you can easily contact or track the user via the information he had given in the KYC but this information should only be private and only be seen by the authorized persons involved for security purposes.
Post
Topic
Board Economics
Re: Study says being rich is determined by chance rather than intelligence or talent
by
redcucumber
on 27/04/2018, 16:32:28 UTC
I also questioned why is it like that, because informations are available in the internet for us to explore and to know and try but it does take a lot of courage to try and test it for own and believe it will succeed.
Post
Topic
Board Archival
Re: Help a Beginner to understand...
by
redcucumber
on 27/04/2018, 03:34:53 UTC
the beginning is always difficult for everybody but this determines if you are really serious in knowing the whole process. Building a good foundation at the start might take many hours of training and studying this is your time to grind and be familiarize with how the market works and you need to formulate a strategy that will allow you to adopt in any given scenario your solid basic here is the most crucial learning you must have in controlling your emotions and trades.
Post
Topic
Board Economics
Re: Bitcoin will have a price of $50000
by
redcucumber
on 27/04/2018, 00:46:54 UTC
possible and even beyond 50000 us dollars maybe if you really take a close look at what block chain is doing in our daily lives you will see that it is really the upgrade version of our traditional ledger while it can do faster record almost every transactions you send and much safer due to the convenience it offers than holding your bill going to the department store to buy some of the goods you want.
Post
Topic
Board Economics
Re: Imagine a cashless society
by
redcucumber
on 26/04/2018, 23:49:26 UTC
now we can't experience the joy of having it but we can soon because of the massive advancement on our technology the fiction now can be a reality tomorrow like what happen in the internet back in the 90's many are against with running it because of its risk and the like but now all of us need the internet to connect to the world when we need information and communication I think this is the next phase of it the digitalization of payments whereas we can enjoy a peer to peer transaction even the other party we want to pay is in the other side of the world payment is faster than cards now good as paying cash and you can do it anytime without limits.
Post
Topic
Board Economics
Re: Philippines Legalizes Cryptocurrency Exchanges in Economic Zone
by
redcucumber
on 26/04/2018, 23:26:39 UTC
This is a good news not only in the Philippines but also in the crypto world because the small movements like this will accumulate a big impact soon because of its recognition of the technology run by bitcoin the blockchain few people might see its potential at the start but it will grow in time its like finding a gem in a mining camp and spreading the news all over the town, I hope crypto currency will legalize crypto in the whole Philippines soon.
Post
Topic
Board Economics
Re: Money vs Barter
by
redcucumber
on 26/04/2018, 23:18:44 UTC
I agree with the comments of our other co forum members, what if the later wants a different product you must prepared a different variety of goods to get ready for your trade and how are things gonna be If the products you are trading will get spoil example meat or other goods that can make the trade not successful if the later is gonna receive a unusable goods that is eliminated in the use of money because it is something universally ready because of its acceptance all over the place its called legal tender.
Post
Topic
Board Economics
Re: What happens when there is NO electricity? How does one trade with BTC?
by
redcucumber
on 25/04/2018, 23:51:52 UTC
having no electricity is a crisis for all crypto because all devices are relying heavily on electricity to have power plus the miners cannot process transactions without electricity asic and video cards need also electricity to run also the internet the sudden disapperance of electricity is like cutting the connections of each countries and without internet the people cannot send transactions.
Post
Topic
Board Economics
Re: How to make money only with BTC
by
redcucumber
on 24/04/2018, 23:52:13 UTC
well in order for you to have more btc while having it is only by trading it in some platforms like bitmex bitfinex and other platform offering bitcoin trading you can do some margin trading there by forming a contract selecting the leverage that will suit your style and skills then you find good entry for your contracts then when it is accepted chances in bitcoins price will determine your profit and loss. You can earn a lot in this by practicing more and studying more in understanding Indicators and patterns that might repeat as the trend goes and by watching news regarding crypto currencies a strong news might give bitcoin an increase in price while a strong fud might decrease its price you can take advantage of such things like this and profit.