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Board Bitcoin Discussion
Re: Bitcoin become an asset
by
sangungaji
on 22/07/2018, 13:03:04 UTC
https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.


Yes It is true. Bitcoin is an assets. It is good invenstment and very profitable.
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Topic
Board Bitcoin Discussion
Re: Which one do you choose?
by
sangungaji
on 14/07/2018, 05:06:31 UTC
Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?

I personally prefer on trading site. For me It is more profitable.
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Topic
Board Bounties (Altcoins)
Re: [BOUNTY][HMD] Homelend bounty reward of 3125 ETH in tokens to loyal followers!
by
sangungaji
on 24/06/2018, 13:11:31 UTC

Week #5 (28/05 – 03/06)

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Board Altcoin Discussion
Re: Are you fulfilled in cryptocurrency?
by
sangungaji
on 24/06/2018, 12:17:41 UTC
Forget about the tokens in your wallet and forget about the number of bitcoins you hold. Are you really fulfilled to be a cryptocurrency geek? I am fulfilled for being  part of this new technology: Blockchain, Bitcoin ,alternative currency, mining , masternode, trading and exchanges. I am proud of the knowledge I have obtained. I am delighted about the numerous tokens I have - both shit coins and profitable coins. I am proud of learning and working through bounties. Truly I am fulfilled, but I need more work to do. What about you?

In my opinion, I was really satisfied because bitcoin taught me about investing and trading. I learned a lot in the world of crypto currency and there is an alternative currency. In bitcoin, my knowledge also increases and especially my investment will grow, and I learn a lot in this forum, it makes me brilliant to be successful someday. So, you can try it. Investing and particate in bounty campaign.
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Topic
Board Altcoin Discussion
Re: why some ico failed
by
sangungaji
on 24/06/2018, 12:10:05 UTC
have being studying some ico this year they are failing , what are the causes of there failure

I think many icos fail because they do not have the good products they offer so their coins have no value. People are thrown away, and their prices fall. That's in my opinion.
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Topic
Board Economics
Re: Making crypto succeed in the real world?
by
sangungaji
on 24/06/2018, 11:28:34 UTC
Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com

Making cryptocurrencies widely accepted by merchants is possible, the responsibility is on developers of blockchains, cryptocurrency fans, cryptocurrency investors and governments. Traders are afraid because of some drastic fluctuations in prices that could affect their income. It is my opinion.
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Topic
Board Economics
Re: Bitcoin business success
by
sangungaji
on 23/06/2018, 16:21:31 UTC
I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?

I think in the cryptocurrency world many business people choose to use bitcoin for their transactions. Because it is very easy to make transactions and quickly increase. In the future bitcoin will become more popular in the industry and more business people tend to use this. We will see.
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Topic
Board Bitcoin Discussion
Re: Bitcoin has no competition
by
sangungaji
on 23/06/2018, 16:14:28 UTC
All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.

Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.

Let's continue then our path towards inevitable triumph.

In my opinion until new advanced technology is better than blockchain to be released, people will start to think which one is better, this is the time when bitcoin fates, but still too far to be realized, because bitcoin is still the best.
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Topic
Board Altcoin Discussion
Re: Russia is going to accept crypto!
by
sangungaji
on 23/06/2018, 15:59:54 UTC
Hey guys, what do you think about the last news from Russia? Russian government will legalize crypto! Do you think it will pump market again?

I think it's good news for cryptocurrency, I think it's the exact action of russia because I know ico from being much more likely than a country that has legalized cryptocurrency, hopefully it can increase the price of crypto and alt. And every country should accept crypto.
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Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
sangungaji
on 23/06/2018, 15:51:53 UTC
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

In my opinion it is very possible. Fiat currency is considered a long way to make transactions and people move to crypto currency, then the fiat currency may fall because of low demands. Because I think Crypto is the future technology.
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Topic
Board Bounties (Altcoins)
Re: [BOUNTY][HMD] Homelend bounty reward of 3125 ETH in tokens to loyal followers!
by
sangungaji
on 17/06/2018, 15:14:06 UTC

Week #5 (28/05 – 03/06)

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Topic
Board Speculation
Re: Reason behind this sudden fall of btc
by
sangungaji
on 17/06/2018, 13:36:06 UTC
Anyone knows the reason behind this sudden fall i listen some fud from Vietnam anything else going on
When moon ? 😢

I think I tend to say that there is now a small correction in the bitcoin market and all altcoin in flats. Of course, the bad news itself feels. I think some big investors just bring their bitcoin to Fiat. This is a short period in which the market will play a bit of their position. Dont be panic, I believe the maeket will rise soon.
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Topic
Board Economics
Re: Feeling bitter in banks?
by
sangungaji
on 16/06/2018, 14:44:19 UTC
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Yes It is true, When we save money in the bank, we just keep it without expecting profit. Better to invest in bitcoin, we can expect profit. because it's a very profitable investment.
Post
Topic
Board Bitcoin Discussion
Re: BTC transaction fees is going down.
by
sangungaji
on 16/06/2018, 14:37:35 UTC
From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .

In my opinion, This is good news. If the cost has dropped then one bitcoin problem is solved in the hope that it will be preserved. I like it.
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Topic
Board Altcoin Discussion
Re: Do you trust ERC20 tokens?
by
sangungaji
on 16/06/2018, 14:30:41 UTC
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

I think this is a classic mix between technology and people using that technology. the technology is innocent of the criminal acts of others. I personally think that the token ERC20 is a great idea.
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Topic
Board Economics
Re: How does bitcoin become a currency?
by
sangungaji
on 16/06/2018, 14:24:07 UTC
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".


In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.

The value of money: it exists because of payment.

I think bitcoin not only has value because bitcoin can also be used as a payment method. Bitcoin will be the currency if bitcoin is more stable.
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Topic
Board Economics
Re: Bitcoin and Fiat - this is how I see the future
by
sangungaji
on 16/06/2018, 08:07:37 UTC
At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.

So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.

I think cryptocurrency will be widely used in the future because there are many people today in the corporate world who earn a little salary and if they know about bitcoin then they will try to invest with bitcoin to earn additional income. I have done it.
Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY][HMD] Homelend bounty reward of 3125 ETH in tokens to loyal followers!
by
sangungaji
on 10/06/2018, 13:23:27 UTC

Week #5 (28/05 – 03/06)

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Facebook URL: https://www.facebook.com/mayra.humaira.79
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Week #6 (04/05 – 10/06)

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Board Economics
Re: Beside Cryptocurrenices where would you invest?
by
sangungaji
on 10/06/2018, 02:08:43 UTC
A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input

Beside Crypto currencies, I invest in property and gold. Crypto is more valuable, gold and property is more stable. It is my opinion.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin failed as a currency
by
sangungaji
on 10/06/2018, 02:00:32 UTC
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?


I think bitcoin is not fail as a currency, because I see bitcoin is growing. I am sure in the future, bitcoin will dominate and as a currency
.