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Showing 20 of 110 results by reyanshbasu
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Board Archival
Re: is EVERY ico a scam??
by
reyanshbasu
on 08/09/2018, 23:54:02 UTC
Not every ICO is scam. Because there are still ICOs that are true to what they have promised in their whitepaper. But the risk in ICO is very high. It is very likely that all ICO is scam since the government doesn't have any regulations on investing in ICO. So they can just walk away after having our investment in them.
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Board Speculation
Re: Do you think BTC can go again to 20K USD? But How?
by
reyanshbasu
on 08/09/2018, 23:28:08 UTC
It is like a dream now that BTC price was 20K USD one day! Who sold their bitcoin at 20K USD, they are the real winner! Because do you think Bitcoin price can go again to the 20K USD? I don't think so.

Because most of the people are in Panic now, they can't sell and can't hold statistically! If the market pumps again somehow, then 70% of the bitcoin and crypto holders will sell their coins first! Of everybody sells than how can Bitcoin price will increase? This is my opinion. What do you think guys?


Well for me , its too early to predict if it will surpass its last All time high. Bear market still and lots of manipulation from whales and fud attack from different sector. Bitcoin needs the ETF wether we like it or not it could boost the market and add trust. It needs massive adaptation.

I agree that ETF will now be the game changer here. Because once ETF was approved by the US SEC, then that is the time people will now have trust to buy and trade Bitcoin. For now, some people lose their interest in Bitcoin. Because of the huge decrease in price.
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Board Bitcoin Discussion
Re: How can a goverment trace you have BTC?
by
reyanshbasu
on 08/09/2018, 23:18:59 UTC
They cannot trace it unless you convert your Bitcoin into fiat money. Since transactions in Bitcoin can only be seen but cannot determine the identity of the person using it, the government cannot trace your asset. But once you convert your Bitcoin to fiat, then that's the time they can trace you. Because every transactions in fiat are recorded and identified.
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Board Trading Discussion
Re: are you now afraid to save bitcoin until December 2018
by
reyanshbasu
on 07/09/2018, 23:18:19 UTC
I am not afraid whatever price Bitcoin maybe at this end of the year. Even if it goes down. I know those short-term traders will be disappointed if that happens. But as a long-term investor of Bitcoin, I do not care about its price. I just invest and hold until Bitcoin will be accepted by most big companies in the whole world.
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Board Trading Discussion
Re: Can I daily earn 10%
by
reyanshbasu
on 07/09/2018, 14:46:14 UTC
Yes, it is possible, as long as the coins you are playing is in motion. Meaning it is moving several times in a day with ups and downs. Because if your target doesn't move, then having a daily gain of 10% is not possible or hard to achieve. In the stock market, it is possible to have 10% daily gain. But in crypto now, it is hard to search for coins in play because of Bitcoin being unstable.
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Board Bitcoin Discussion
Re: Crypto is dangerous....
by
reyanshbasu
on 07/09/2018, 14:07:45 UTC
I don't like the phrase, "Crypto is dangerous." It is better like this, "Crypto is risky. Invest and trade with caution."
I like your advice that we should always have a backup plan. That is true. Do not focus on one task or plan. Because it is not always that everything will fall according to your plans. So always have plan B, C, D, and so on. So that when plan A didn't work out, there is plan B up to plan Z. Smiley
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Board Economics
Re: How the Bank works to make money?
by
reyanshbasu
on 05/09/2018, 23:59:22 UTC
I haven't worked in a bank before but I believe that their income doesn't only come from interest on loans. I think they also invest their client's money in other sources of income. Like trading stocks or buying properties and they will sell them in a short period of time with a higher price.
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Board Economics
Re: How to Retire in Your 30s With $1 Million in the Bank
by
reyanshbasu
on 05/09/2018, 23:49:36 UTC
This only means that, no matter how much you earn, your life is at stakes if you do not know how to spend your money wisely. If you have a high paying job but you have a lifestyle that will consume almost your income, then your job is useless. It won't help you out to retire early. Retiring at an early age should be done by changing your lifestyle first. Having a simple and practical life.
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Board Economics
Re: How did Crypto help you out?
by
reyanshbasu
on 05/09/2018, 23:28:28 UTC
With this kind of volatility, I do not think that crypto is the answer to lift him up. Because we never know what would be the price of Bitcoin and other cryptocurrencies in the coming years. We never know what would be the government's move to the cryptocurrency world. We are not sure but we are taking the risk because we trust the technology. Higher risk comes with a higher reward.
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Board Bitcoin Discussion
Re: Your investment strategy?
by
reyanshbasu
on 15/08/2018, 15:04:02 UTC
Yes that is so true that bitcoin value is getting low but still remain strong on its position as the king of all coins in crypto
And my strategy to use is the holding the coins untill the price back on its high level since it was long tern investment and just put patience for the big oppurtunity to earn huge profit in the right time.
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Board Bitcoin Discussion
Re: Why Bitcoin isn't a legit currency.
by
reyanshbasu
on 15/08/2018, 14:48:07 UTC
Bitcoin is not be legalized in some countries thats why it would not be a legit currency world wide but still now more country are accepting bitcoin as a payment through online.
It will be a legit currency if all countries are accepting it but i think it takes take before it happen and still fiat will above on it because ever since it was the main currency of the people worl wide.
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Board Bitcoin Discussion
Re: Is it too late to invest in bitcoin? Is it a bubble?
by
reyanshbasu
on 09/08/2018, 23:56:23 UTC
There is no specific time to invest in bitcoin or in any alt coins because it was a long term investemnt.
Since the price of bitcoin is going up and down i think this is the good time to invest in bitcoin and hold until the price is going up again.
On this time if we buy in low price there is a big opportunity to earn huge profit if the price of bitcoin  recover on its high level price. Always monitor the market board to see how the price going on.
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Board Altcoin Discussion
Re: What should you do as a bounty hunter every day?
by
reyanshbasu
on 04/08/2018, 23:39:36 UTC
As a bounty hunter, you have to learn how to pick a good campaign. Because it is just a waste of time if you have picked the wrong one. Always look first the project if it has a potential in the future. Then look their allocated bounty pool if its fair and sound. Sometimes it's not worth it even if its a good project if the bounty pool is low.
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Board Altcoin Discussion
Re: Does crypto offer riches overnight?
by
reyanshbasu
on 04/08/2018, 23:33:59 UTC
Remember, not all coins are worthy of investment. So you have to be careful in picking. And yes, investing here doesn't make you rich overnight. It requires a lot of patience and you have to learn how this works to be able you to decide properly.
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Board Altcoin Discussion
Re: Bounty Hunters Dump Always?
by
reyanshbasu
on 04/08/2018, 23:06:41 UTC
Most of the bounty hunters sell off their bounty payments right away. But we cannot blame them for selling their reward since that's their own decision to make. And that is the payment for the work they have served. Actually, it's obviously not all bounty hunters who sold, maybe the investors too or the company itself. We cannot know.
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Board Bitcoin Discussion
Re: Do you agree that Bitcoin is nearly to be just like another business?
by
reyanshbasu
on 03/08/2018, 08:22:05 UTC
Yes. We can say that it is just a business because people make a trade to gain more profit. Bitcoin is still not accepted worldwide. So its purpose and objectives are still on the process. But one day, Bitcoin will gain trust and people will realize its benefits in our Economy. We will not see Bitcoin anymore as an only a speculative asset that has no use in the society.
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Board Bitcoin Discussion
Re: assurance of analysis of Bitcoin experts
by
reyanshbasu
on 03/08/2018, 05:39:13 UTC
Don't hear what they say. Because there is nothing sure, only predictions. Even if Bitcoin decreases by $2,500, take it as an opportunity to buy not think that it will be the end. This technology may have too many critics but they know the fact that Bitcoin and the blockchain technology will be beneficial to our future.
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Board Economics
Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer?
by
reyanshbasu
on 03/08/2018, 04:42:54 UTC
The rich get richer because they know how to make their money work for them. Poor people make themselves poorer because they are not financially educated. Bitcoin has nothing to do with why the poor get poorer and the rich get richer. Bitcoin is a good store of value and if we believe in its objective, then we should take the opportunity to buy whether you are poor or rich. Everyone can buy Bitcoin since its divisible by any amount.
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Board Bitcoin Discussion
Re: Can you wait to prove them wrong about Bitcoin?
by
reyanshbasu
on 28/07/2018, 16:05:10 UTC
I dont have time to talk or explain to those people that bitcoin is not a good investment. I will do my own way to earn profit if they not believe in bitcoin i just laugh these people. Bitcoin really change my financial life and i dont care if other people not velieve to bitcoin.
maybe they only afraid of investing bitcoin because they dont know how to work on it.
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Board Economics
Re: stupidity is so close to poverty
by
reyanshbasu
on 28/07/2018, 15:26:21 UTC
Yes, stupidity put your self in a poverty because you will always think a negative things that makes your world down.
They not help themselves how to survive in a poverty even there is alot of  way . but we cant blame those people who born poor, they cant afford to go in school that cause of not having a good education to get a job that brings them into the poverty.