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Showing 20 of 33 results by sagarnyc
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Topic
Board Bitcoin Discussion
Re: Do you keep buying?
by
sagarnyc
on 11/10/2017, 23:56:02 UTC
I try to buy 1/4 or 1/2 on the major drop.
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Topic
Board Bitcoin Discussion
Re: Who can destroy Bitcoin ?
by
sagarnyc
on 10/10/2017, 13:28:57 UTC
If no one mines bitcoins anymore, nobody can exchange them. Even if it is still worth something, you won't be able to exchange it, so it is like destroying it.
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Board Altcoin Discussion
Re: BITCOIN CASH is probably DYING
by
sagarnyc
on 05/10/2017, 01:09:14 UTC
Once major exchanges accept deposits, you will see a large amount of people sell their bitcoin cash that is currently being stored in paper and hardware wallets.

This being said, bitcoin cash probably will continue to rise in value over time, similar to ethereum classic after the ethereum fork.

I think it will be worth investing in long term but I wouldn't allocate more than you would for bitcoin. If you are investing in bitcoin cash, diversify and also invest in bitcoin!
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Board Altcoin Discussion
Re: Bitcoin gold fork
by
sagarnyc
on 04/10/2017, 17:13:58 UTC
I guess nobody knows until now what will happen with upcoming fork in November but this is great article to get educated by the founder of bitcoin and ex CTO of coinbase https://masterthecrypto.com/coinbase-segwit2x-hardfork/.
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Topic
Board Bitcoin Discussion
Re: Why use Bitcoins ?
by
sagarnyc
on 03/10/2017, 19:37:35 UTC
Because you can account for where your money went. Because you can have a ledger that records everything. Because your promise of value isn’t just another promise but is indeed value.
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Topic
Board Altcoin Discussion
Re: BITCOIN vs ETH ? Your thoughts?
by
sagarnyc
on 03/10/2017, 15:24:48 UTC
Ethereum and Bitcoin are both cryptocurrencies but they serve a very different function.

Ethereum is a blockchain that allows smart contracts and the building of decentralized applications upon its blockchain.

Bitcoin, on the other hand, is a peer to peer technology and to be used as a form of digital currency. Sort of like a paper note just that it is being stored in a ‘Hot’ wallet or Hardware wallet on your phone or on a device.

Essentially the price of Ethereum is based on its technology and purpose of allowing smart contracts and applications to be built on it, whereby Bitcoin is used to make purchases.
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Topic
Board Bitcoin Discussion
Re: What is bitcoin
by
sagarnyc
on 03/10/2017, 13:25:43 UTC
Bitcoin is the first global, decentralized currency that allows you to send money from one person to another without involving a third party broker, such as a bank. You only need your computer to make transactions because Bitcoin is fundamentally software.

As a decentralized currency, Bitcoin isn’t controlled by anyone. It’s open so that anyone can benefit from it.

You might think that the lack of control could mean chaos, but that’s not true at all. That’s because Blockchain, the technology behind Bitcoin is one of the most accurate and secure systems ever created.
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Topic
Board Bitcoin Discussion
Re: Amazon May Accept Bitcoin By October. Do you believe?
by
sagarnyc
on 02/10/2017, 19:54:30 UTC
Well, other websites are doing this, for example, overstock.com and look at the stock growth for it. Amazon may accept Bitcoin but by October I don't think so maybe we will have to wait longer.
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Topic
Board Off-topic
Re: Would you give bitcoin as a wedding gift?
by
sagarnyc
on 02/10/2017, 13:42:09 UTC
Yes, I would like to give and would also like to receive Bitcoin as a gift in the wedding!! Smiley
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Topic
Board Bitcoin Discussion
Re: Should I invest In Bitcoin?
by
sagarnyc
on 19/09/2017, 18:54:38 UTC
Yes, I believe you should invest in Bitcoin.  But when I say invest, I don't just mean obtaining some bitcoins and holding on to them, only to sell them at a profit later.  I mean investing by spending time and energy learning, discussing, using, coding, and enquiring about Bitcoin.  The arrival of Bitcoin as a new financial technology heralds a time for us all to consider deeply what gives anything value, and why we do (or don't) use a form of money for a given exchange of goods/services in various circumstances, and why we have money in the first place.

Bitcoin will only take on value because it meets a need within society that existing commodities don't meet in the same way.  I hope that people will learn more about what makes Bitcoin different from other forms of value and why it works well as a form of currency, and then use it, spend it, accept it for goods and services that they offer.  Simply investing in something, keeping it stored up doesn't do all of us much good.  Getting Bitcoin to a point where you and many, many others utilize it as a part of an economy because it is more efficient, affordable and convenient to use will benefit us all. 

If, after researching Bitcoin, you do decide that Bitcoin would be a good thing for society to embrace (and I do), then I'd encourage you to invest time promoting, discussing, using, protecting the use of Bitcoin and building systems to allow for Bitcoin to be utilized by as many people as possible. And if you happen to make a profit on *SOME* of your bitcoins along the way, then more power to you.
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Board Altcoin Discussion
Re: Alt coins worth buying
by
sagarnyc
on 19/09/2017, 17:34:16 UTC
I see huge potential with the following alt coins OMG, NEO, CVC, LISK and also I am very much intrigued by the Etherparty project they will call altcoin as FUEL which will be launched on Oct 1, 2017.
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Board Service Discussion (Altcoins)
Re: Where do you get your trading information?
by
sagarnyc
on 18/09/2017, 19:22:35 UTC
I get trading information from various sources Quora, Youtube, Facebook. Also, zero down few ICO's and try to read about it from various multiple sources from google search.
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Board Altcoin Discussion
Re: Litecoin
by
sagarnyc
on 15/09/2017, 14:47:38 UTC
Litecoin is in existence right from 2011 and also considered to be third major coin after BTC and ETH. Lietcoin is also hard forked out of Bitcoin so implementing the feature on Litecoin before Bitcoin can be way practical. Also, Litecoin coin is much faster in approving transactions i.e. its faster in comparison to Bitcoin which takes way longer time.
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Topic
Board Speculation (Altcoins)
Re: What would you do with 10 eth
by
sagarnyc
on 15/09/2017, 03:36:13 UTC
I will HODL 5 ETH and remaining 5 ETH I will invest in either OMG, LISK or NEO.

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Topic
Board Altcoin Discussion
Re: Any Altcoins which generate other coins?
by
sagarnyc
on 15/09/2017, 02:15:54 UTC
If you hold NEO in Neo wallet this generated GAS coins in the same Neo wallet. This can be treated as kind of dividend and/or free money.
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Topic
Board Bitcoin Discussion
Re: F**K Chinese BTC
by
sagarnyc
on 14/09/2017, 13:50:02 UTC
All I will say is HODL HODL and HODL buy more on dips with different lower percentage if you can and wait for the pullback.
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Topic
Board Economics
Re: Let's make Bitcoin's Price Higher
by
sagarnyc
on 12/09/2017, 13:51:25 UTC
Value of Bitcoin will go higher as the volume increase's and will stay stable. Currently, Bitcoin is just 1% in volume when compared with the stock market and price of Bitcoin is higher already and also had potential to grow large.
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Topic
Board Speculation
Price predictions for BTC?
by
sagarnyc
on 11/09/2017, 19:05:10 UTC
What will be the value of BTC approx 2 years from now? Any predictions?
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Topic
Board Bitcoin Discussion
Re: Do you keep buying?
by
sagarnyc
on 07/09/2017, 20:34:22 UTC
Yes and no, always keep fiat currency available in the exchange in case Bitcoin drop drastically(less likely you never know) don't miss the opportunity to buy more Bitcoin.
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Topic
Board Altcoin Discussion
Which altcoins have potential to grow?
by
sagarnyc
on 07/09/2017, 17:16:41 UTC
Which altcoins have potential to grow like Bitcoin?