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Showing 20 of 470 results by rikybrosh
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Board Bitcoin Discussion
Re: can Bitcoin provide food for our table
by
rikybrosh
on 12/09/2023, 08:06:04 UTC
Quote from: Smartgoat on August 07, 2023, 10:43:48 PM
At first I want to use this medium to introduce myself, I'm a Smartgoat and I have being studying the futuristic of Bitcoin and finally I have developed a hundred percent love to Bitcoin.

I have be wondering why people are queuing up in Bitcoin, then I began to ask if Bitcoin can make provision of food in our table. Because many people I know testify of Bitcoin and after I made my research concerning Bitcoin, I found out why people are comfortably investing in Bitcoin, is because it's a decentralized currency. then I have to come with the idea that Bitcoin can make availability of food in our table when we learn and understand the basic things of Bitcoin especially understand trading and long term investment of Bitcoin.
I think with trading they will be a provision of food in our table, when we understand the rules and regulations of Bitcoin, I don't know if this my concept can make a provision of food through Bitcoin. But I'm well convinced that with this my views over Bitcoin investment and trading it will provide or sustain human, if profit are been made. I know that Bitcoin should not be dependent on, and we suppose to make Bitcoin our side hustle but with seriousness on Bitcoin investment and trading, we can achieve a success.
have you read my post? https://bitcointalk.org/index.php?topic=5462428.msg62662533#msg62662533 . did you bought it? if you did i think it will be better if you hold it until october or when it reach $0.33. but if you decide to only choose BTC to provide food for your table then it is also good and safer.
Post
Topic
Board Economics
Re: People keep talking how weak dollar and how bad usa economy getting
by
rikybrosh
on 25/08/2023, 02:05:53 UTC
Anything that we say here maybe don't have significant effect to what will happen in the future, let say we support dollar and say a good thing about it, it will be good sentiment that can make some people to keep save dollar. but country's regulation may bring significant effect that influence people behavior, people who trade in the world market always looking for profit, so I think if a currency can give them extra benefits such as profit, increasing value, or safeness then they will choose that currency.
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Topic
Board Economics
Re: Financial education or 1million dollars
by
rikybrosh
on 25/08/2023, 01:34:12 UTC
I will choose 1 million dollars as long as it is not from lottery or loan because I don't like gambling or interest rate. i choose 1 million dollars because we need to pay tuition to get financial education, also after we graduate we will need capital to build our own business.
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Topic
Board Bitcoin Discussion
Re: BITCOIN: Give people time!
by
rikybrosh
on 25/08/2023, 00:35:54 UTC
I think it is normal. there are many technique in marketing. in my point of view, your case just the same as banner that company put in the street. Actually we can manipulate people's mind, I will explain this to make it clear. when we spread information about a product to random people then they maybe not interested at the first time but the information about that product is already on their brain, day by day they will sometime thinking about it, and some of them will buy the product. for example, when we go to work, we usually only thinking about what we will do today, but today we see a new banner on the street about a new movie, today we don't interested in it, we keep see the banner everyday and then we start to curious about it, then some of us will interested to watch the movie. when we tell people about bitcoin it is okay if they are not interested yet in it because maybe they will change their mind. Avatar and signature in this forum also have the same role.
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Topic
Board Bitcoin Discussion
Re: Potential Impact of Binance Collapse on Bitcoin ($BTC) Price
by
rikybrosh
on 24/08/2023, 03:16:06 UTC
I think if anything bad happen with any cryptocurrency related company then it will make the price of bitcoin drop. bitcoin price is strongly influenced by sentiments, any bad news will affect bitcoin price. in my opinion, if there is no bad thing happen that related to cryptocurrency then people will feel safe, comfortable and confidence to save their fund in form of btc.
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Topic
Board Bitcoin Discussion
Re: Would Bitcoin at this Price limit its Global Adoption?
by
rikybrosh
on 24/08/2023, 01:48:41 UTC
I think if bitcoin price reach $100000 or higher then the number of bitcoin adoption will increase a lot because many news about it will spread around the world. I think there is no problem with the price, because people still can buy some satoshi, honestly I am so optimistic that btc price will surpass $80k or more.
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Topic
Board Bitcoin Discussion
Re: Has Bitcoin Helped Create Big Changes In Your Life?
by
rikybrosh
on 24/08/2023, 00:28:01 UTC
bitcoin safe me from fiat inflation, saving fund is very important. I have enough fund to start a business but I need time to learn and analyze the market, maybe I need few months or years before I launch the business. if I save money in form of fiat then some of it's value will be lost but bitcoin price is tend to rise so it help me to keep the value of my fund.
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Topic
Board Economics
Re: what do we thinking about investment target?
by
rikybrosh
on 23/08/2023, 05:26:09 UTC
I think gold price is not move too fast, as far as I know Gold price always move inline with commodity price. I prefer like to consider gold as safe haven rather than an investment. for me , investment with low risk and low return is also looks like safe haven, 5% - 10% profit is not much but it's okay, but we also need to know that usually the inflation rate are about 3% - 5%, so the profit will be smaller.
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Topic
Board Economics
Re: Bitcoin price hits the rock as Space X sells all it's BTC holdings
by
rikybrosh
on 23/08/2023, 03:13:49 UTC
it is proof that rich people or whale still has power to influence or manipulate bitcoin price. I think is a good chance for other rich people to buy btc at lower price. He is not the only one rich person in this world, maybe if other rich people see opportunity to earn profit in bitcoin investment then they will get involved in it.
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Topic
Board Economics
Re: Which problem will you choose to solve?
by
rikybrosh
on 23/08/2023, 01:46:51 UTC
i think if I have ability and opportunity I will solve the problem of the rich people as they have a lot of money it will be a lot easier to make big profit.usually rich people do not care about the price of the service, even many of them thinking about the prestige value that they can get.
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Topic
Board Economics
Re: Deflation
by
rikybrosh
on 22/08/2023, 03:18:33 UTC
I think it is good that now we have to currency which is fiat and bitcoin. but I think inflation and deflation is not only influenced by the money it self. it is always supply and demand. if the number goods that exist in the market is increase then the currency value will be increase and if the number of product is decrease then the currency value will decrease. because are competition among buyers.
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Topic
Board Economics
Re: Running faucet business in 2023 still possible?
by
rikybrosh
on 22/08/2023, 01:47:20 UTC
I think faucet is for advertisement purpose, if you want to make money from it then you have to choose what kind of business that you want to build. if you are not sure about how to build a good business then may be you can create a website that have google ads that build in it. so you can earn from your website visitors activity that related to google ads such as ads view or ads click. I think it is the easiest way. few years ago I played a game that pay some amount of satoshi for every activity that I do and during the activity  I watch so many ads in it.
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Topic
Board Economics
Re: Economic Crash may take bitcoin to 1M dollar
by
rikybrosh
on 22/08/2023, 00:36:20 UTC
if people want to convert their wealth into safe haven then it is difficult for people if they choose gold and silver because of security problem and the regulation, so choose bitcoin is a good option. what he said is quite reasonable. I think it is okay if we expect btc price to reach 1M in the future.
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Topic
Board Bitcoin Discussion
Re: How to manage bitcoin correctly?
by
rikybrosh
on 21/08/2023, 02:43:55 UTC
Quote from: Honyek on August 19, 2023, 12:15:24 PM
Selling your bitcoin in order to invest in something else to me, is not advisable, considering the general situation, especially the coming of the bitcoin halving. The price of bitcoin will rise again and possibly go above $69000 and more, so there is  hope of making good profit at the end of the day. Unless if you need fund for very important and beneficial project, then you can sell a little reasonable and suitable amount, if not, l suggest you still hold on.
the best thing that he need to do is holding it until the next bullish market trend, that's was good advice. I personally will try not sell any of my btc for anything until it's price reach the peak at bull run. I think it will be better for him to make a plan before investing, maybe it will be good if he divide his fund into some part so he will not touch his investment fund for btc so he will not sell his btc in lower price.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Adoption in Turkey Grows Stronger
by
rikybrosh
on 21/08/2023, 01:49:34 UTC
Although I knew that turkish people embrace bitcoin since long time ago but I don't expect the government let their citizens to use btc in their country. it is a very good news to hear. now we can see an example how if country adopting bitcoin.  I hope I can get more update about this in real time.
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Topic
Board Bitcoin Discussion
Re: Can everyone in the world have bitcoin.
by
rikybrosh
on 21/08/2023, 00:28:38 UTC
I think it is still possible if the main point is the amount of bitcoin. maybe in the future even 1 satoshi will equal to $1, who know?. but unfortunately there are some tribes in some country which actualy refuse advance technology. even some of them refuse to use electricity or electronic stuff, also some tribes even don't wear clothes.
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Topic
Board Bitcoin Discussion
Re: My dream is coming close.
by
rikybrosh
on 20/08/2023, 02:18:12 UTC
Quote from: Promocodeudo on August 19, 2023, 05:36:34 AM
I know it is a big or uncommon goal to achieve considering my current income. I have a big dream of owning one Bitcoin before a certain period. So when people are bothered that the price of Bitcoin is dropping, I am seeing it as an opportunity to go closer to my dream. I am in no way happy that the price is dropping but one Bitcoin will always be one Bitcoin, no matter the price today. If you are sure of bitcoin, you will not be concerned about the price today because the price in the future will always exceed the current price.I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.

I never trust blogs or social media news because I think the creator only want to gain attention or follower. I think it is always good to become a contrarian investors in bitcoin investment, buy when people panic in selling and sell when people are panic in buying, don't have to be greedy. as long as we can get enough profit i think it is still good. just sell it gradually when it's close to the peak of bullish market trend. then wait to buy it back at the lowest price as possible.
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Topic
Board Bitcoin Discussion
Re: Is it worth it to teach older people about bitcoin technology?
by
rikybrosh
on 20/08/2023, 01:20:43 UTC
I think although bitcoin price is so volatile, it is still good for old people to save some amount of btc. elders's physical body maybe not as strong as young people to works and having some btc in their wallet can useful. but we still need to tell them about bitcoin technology so they can understand. it don't have to be fully understand but at least they know what they need to know.
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Topic
Board Bitcoin Discussion
Re: Why Bitcoin Instead of Gold?
by
rikybrosh
on 20/08/2023, 00:16:52 UTC
I prefer like to save in good portion. I already save about 30% of my fund in cryptocurrency mostly in bitcoin, I didn't put all in btc because it still has risk. since we can't hoard too much gold then bitcoin is still become my best choice. but if government don't prohibit people to save too much gold then I think i will divide it into 20% btc and 10% gold. gold price is tend to rise but it is very slowly. I think bitcoin is better in term of the increasing value.
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Topic
Board Bitcoin Discussion
Re: SpaceX sold $373M worth Bitcoin, reason of current dump
by
rikybrosh
on 18/08/2023, 00:13:19 UTC
I think it is okay for any company to sell their assets, it will be good if bitcoin is not depend on any company. it is just my point of view but it seems that people are changed a lot. in the past I saw many people hope for mass adoption, now many people hope for big company to invest in bitcoin. the extreme volatility of bitcoin is still exist, it is good for trader. I hope it will not fall too deep. this is opportunity to buy btc at lower price.