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Showing 20 of 364 results by roshanface123
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Board India
Which peer to peer exchange is good in india??
by
roshanface123
on 12/07/2018, 07:17:11 UTC
I am having some holdings planning to sell in peer to peer exchange . My options are
1) LocalBitcoin
2) Wazirx ( Needs bit work evertyhting buy and sell works based on USDT ) as if now
3) Koinex yet to launch

Please guide me which is better . Thanks in advance.
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Topic
Board Bitcoin Discussion
Re: My country banned bitcoin. What I can do ?
by
roshanface123
on 21/06/2018, 11:31:37 UTC
I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.
It is too difficult to decide from your part.  I don't know what I will do in your situation.  If your country banned it,  then it will become illegal and its not easy to hold it. If you are trying to overcome the rules and regulations of the country, there is a chance for getting prisoned. It is better to move to the near countries, where bitcoin is not banned.
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Topic
Board Bitcoin Discussion
Re: Things you should know before investing in bitcoin
by
roshanface123
on 20/06/2018, 04:48:30 UTC
1.The basics of investing in bitcoin.
2.Why it needs to be taken seriously?
3 How to buy bitcoins (with credit card or bank account)?
4.How to protect and properly secure your bitcoins if you do decide to invest?
5.How we know the bitcoin fluctuations?
6.What happens to bitcoin,after your death?........etc.
These all things you should know before investing in bitcoin.
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Topic
Board Bitcoin Discussion
Re: What factors scare others from investing into bitcoin?
by
roshanface123
on 20/06/2018, 03:20:48 UTC
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
It is not accepted in all country, some of the country is declared it as illegal. It is the main factor.
 It has no government support is the next factor.
And also there is a chance for  sudden declining in the price level of bitcoin is the another factor.
These all are the factors which scare others from investing into bitcoin.
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Topic
Board Bitcoin Discussion
Re: Do you think/believe Bitcoins 2017 highs were artificially inflated?
by
roshanface123
on 18/06/2018, 03:34:42 UTC
As the title says, Do you think Bitcoin's 2017 highs were artificially inflated? Is it possible to manipulate price of Bitcoin?
Yes,  to a certain extent bitcoin was artificially inflated in the previous year 2017. Bitcoin is in its developing phase,  when price level is dropping deeply everyone will sell their bitcoin and bitcoin will become a huge loss.  To avoid this,  In 2017  it was artificially inflated.
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Topic
Board Speculation
Re: Selling bitcoin is a stupid decision ?
by
roshanface123
on 17/06/2018, 02:28:08 UTC
I do no longer see some thing incorrect in promoting bitcoin,we are unfastened to decide whilst to preserve our investments
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits.  Grin Grin Grin Grin
If there is a slight fall in the price level of bitcoin, at the time many of them will sell their bitcoin. If they are aiming a huge profit, then the decision to sell the bitcoin will be a stupid decision. To get high profit you should take high risk.
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Topic
Board Bitcoin Discussion
Re: Crypto is For Risk Takers
by
roshanface123
on 17/06/2018, 02:23:26 UTC
I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .
There is no doubt. Crypto currencies are only suitable for risk takers.  Only they can mine huge income from cryptol. How much greater the risk, that much greater the income.
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Topic
Board Economics
Re: Which Asian countries have the greatest influence on bitcoin?
by
roshanface123
on 16/06/2018, 02:45:56 UTC


Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge
There are two Asian countries that get more and more interest in the cryptocurrencies. The citizens of Japan and South Korea are found to be investing more in the digital currencies. People from these two major Asian countries truly embrace bitcoins.Many merchants use it for their business, too.
As a result of China’s crack had a big impact on this situation.
Japanese government has officially recognized digital currencies as means of payment.
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Topic
Board Speculation
Re: Is market down due to Eid of muslims?
by
roshanface123
on 16/06/2018, 02:25:02 UTC
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?
I also think so. They will sell their bitcoin for buying gifts for their loved ones. It will affects the market and as a result market gets down.
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Topic
Board Bitcoin Discussion
Re: Future of Bitcoin in India
by
roshanface123
on 15/06/2018, 11:45:27 UTC
What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked
If Indian Government banned crypto-currency then you will not be able to encash your crypto-currency in INR. But you can hold your crypto-currency in your personal wallet. No Government can take your crypto-currency from your block-chain based wallet. You can hold your coin as long as you want.
As per latest news, Government of India don’t want to ban crypto-currency. They only want to regulate the Black money involved. So, they are trying to legalize it and thinking to apply some special tax in it.
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Topic
Board Bitcoin Discussion
Re: Schools Are Officially Accepting Bitcoin for Tuition
by
roshanface123
on 14/06/2018, 06:54:45 UTC
Universities are embracing accepting bitcoin for tuition, with Lucerne University of Applied Sciences and Arts in Switzerland the latest school to adopt. If anything, it's another clear sign the cryptocurrency is here to stay.

https://futurism.com/schools-accepting-bitcoin-tuition/

Even so... Bitcoin has been used to buy homes, and countries like Venezuela and Vietnam are beginning to truly embrace the currency. Now, certain universities are adopting the payment method of bitcoin for tuition, albeit with a few caveats.
Its really a wonderful news.  The people who have higher Bitcoin investment can pay their children 's tuition fee using bitcoin. It will more convenient to them. And also by this more people will know about bitcoin and they will starts to use it. It will increase the demand for bitcoin and as a result price level of bitcoin will increase. Then it will be risk free because there is no need for keeping the cash in hand. By using the bitcoin everywhere, we can avoid the chance for theft and other malpractices.
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Topic
Board Bitcoin Discussion
Re: Who is Satoshi Nakamoto?
by
roshanface123
on 13/06/2018, 04:54:56 UTC
If that's even his name. Just read the bitcoin wiki on him and I'm amazed. Nobody knows him.

Long time passed since he last posted in here. Why? "Busy"? I don't think so. He was active when bitcoin needed support but since the slashdot...
Also, it seems has knowledge in many areas, especially economy. He doesn't act like the average human. Not taking advantage out of his creation, leaving without telling anything. Is he even a single person or a group?

How can someone create something so great and not stepping out to get the credit?
Satoshi Nakamoto is the name used by the unknown person or persons who developed bitcoin, authored the bitcoin white paper, created and deployed bitcoin's original reference implementation.They solve the double-spending problem for digital currency using a peer-to-peer network.
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Board Bitcoin Discussion
Re: What happens if we die?
by
roshanface123
on 13/06/2018, 03:47:46 UTC
Nope, this is no existential question (although...). Everybody's talking about "When will Bitcoin die", but what if you die, and your family don't find your key, or don't understand it, or think it's only a useless sheet of paper with some code on it, or simply throw it away... Does this mean the currency's gone forever?

I find the possibility of this event rather realistic (yup I don't believe in eternal life), so that means that someday there might be 21M BTC but only 18M (and counting down...) is left in the market?
If you didn't tell your family about the bitcoin investment, then it will become useless after your death. You must share about bitcoin and its password to a trustable person.  Then only they can use that after your death. So please disclose it to anyone who is more sincere to you and trustable to you.
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Topic
Board Speculation
Re: Does bitcoin will double its value by the end of the year?
by
roshanface123
on 13/06/2018, 03:40:51 UTC
Despite recent price woes, experts are predicting that Bitcoin will double in value by the end of the year.
https://www.newsbtc.com/2018/06/07/experts-predict-bitcoin-will-double-in-value-by-the-end-of-the-year/

Do you think this will happen? If this will happen I will invest most of my money in this bitcoin.
Really no one knows about it. We all are expecting the price level of bitcoin will increase at the end of the year. Its price level is fluctuating depending  on some other factors.  So it is unpredictable. We all are eagerly waiting to see what happens at the end of the year.
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Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
roshanface123
on 12/06/2018, 02:59:25 UTC
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Sometimes the banks are ready to accept bitcoin deposits.  If they are ready,  its sure that there may be gain for banks themselves by offering bitcoin deposits. Banks are providing services to its customers by foreseeing their own profit. Banks are controlled by banking regulations and by the management, when the bitcoin is controlled by its users.
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Topic
Board Speculation (Altcoins)
Re: bitcoin down, altcoin rise. why?
by
roshanface123
on 12/06/2018, 02:38:45 UTC
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
When there is a bull run happening with bitcoin the alts drop. People move out of alts and into bitcoin for the ride. Then,  the profit takers jump in and convert some amount of bitcoin into fiat, then bitcoin drops. Eventually bitcoin levels out for awhile and then people again back into alts.This is a continuous process. According to this,  sometimes price level of altcoin will be greater, while bitcoin falls.
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Topic
Board Beginners & Help
Re: What it actually meant by Ban?
by
roshanface123
on 11/06/2018, 09:29:46 UTC
Can someone be punished or sent to jail just by holding bitcoin in banned country?
What will happen in case of trading bitcoin in country where bitcoin is banned?
A ban is a formal or informal prohibition of something. If your country banned the use of crypto currencies, then you can't make any transactions or exchanges using  cryptos in that country. If you are trying to overcome the law illegally, you have to suffer for that. There may be chance for getting punished or prisoned.
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Topic
Board Legal
Re: Criminals and Bitcoin
by
roshanface123
on 11/06/2018, 09:16:08 UTC
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes)  and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
Bitcoin does not have any role in the criminal activities. There was criminal activities before bitcoin's formation.  It is not easy to track illegal transactions, but I didn't think that bitcoin will do harmful to the society. Criminals are using bitcoin as medium of exchange. Media and government is against  bitcoins,  because they have no role in determining the price level of bitcoin. Supreme authority of bitcoin is vested with its users.
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Topic
Board Bitcoin Discussion
Re: The Future Of Crypto Market Without Bitcoin?
by
roshanface123
on 10/06/2018, 08:12:17 UTC
of course, we all see that all markets are red and there are some fears of getting down more and more in the following days. but on the other hand, no one can ignore that bitcoin is the leader of all the crypto market, so if it down the whole market will go down as well, so it is too hard to believe that it will die that easy
and the major investors of it will not allow this to happen.
what do you think, am I right?
The Bitcoin is still the reserve currency for all other crypto currencies. It is the core of the crypto currency. Apart from the crypto currency you can not buy altcoins directly from fiat currency. So, you need bitcoin to buy those altcoins and if bitcoin goes down, then those altcoins will also come down. Because of these reasons,  future of crypto market will not be good without Bitcoin.
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Topic
Board Bitcoin Discussion
Re: Will bitcoin Die because of global Regulations?
by
roshanface123
on 10/06/2018, 07:59:20 UTC
Frist China want to ban all the foreign exchanges in their country.
https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

then France Creates Working Group for Cryptocurrency Regulation
https://cointelegraph.com/news/just-one-person-found-to-have-caused-bitcoins-jump-from-150-to-1000-in-2013

then German Central Bank Director: Crypto Regulations Must Be International
https://cointelegraph.com/news/german-central-bank-director-crypto-regulations-must-be-international

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?


I don't think so.  Bitcoin won't die because of  people in government also want to have bitcoin and all regulations are directed on restrictions in this sphere for ordinary people. And also it has strong believers and supporters.  So,  its not easy to defeat it.