Search content
Sort by

Showing 20 of 75 results by tegacoll86
Post
Topic
Board Economics
Re: Bitcoin and Inflation
by
tegacoll86
on 08/03/2019, 10:13:16 UTC
I think Bitcoin will protect against inflation, and even hyper-inflation, if the demand for it continues to keep place with the growth in supply. That will only happen if people continue to use it as currency.

Inflation or deflation are same dangerous for our economy. Bitcoin could protect from inflation but could bring deflation because bitcoin have limited supply. Inflation should controlled by money supply but i think we should back to gold standart
I don’t think that told itself is a better option, Gold is inflationary too. The reason why many people consider gold as a better store for value is because of its scarcity. No one can will it existence , except nature (so nature is in control of that  Cheesy). That’s why a lot of people are considering gold as a better option when it comes to storing their value.
Post
Topic
Board Speculation
Re: DO NOT GIVE UP !!
by
tegacoll86
on 03/11/2018, 07:14:22 UTC
It is not easy to say do not give up while your capital or whole money is on a cryptocurrency that has been trending downwards for the past 10 months. Yet if the coin is solid and still hope the developers can fulfil their promise on the project then is worth waiting without given up.
Investing mean doing hard work we can't gain anything without hard working. If you don't have patient and don't want to wait then you don't have rights to invest.
Post
Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
tegacoll86
on 01/11/2018, 05:52:09 UTC
Bitcoin volume is increasing but the price of bitcoin remain at the same position which we don't know when the price of bitcoin will recover. People who have bitcoin should hold them until the price of bitcoin increase and we don't know when it will recover. For that, we need to have little more patience in the market.
For me bitcoin is stable it not increase or decrease its just stuck. I think the supply of bitcoin is fixed and its not fluctuate the bitcoins.
Post
Topic
Board Economics
Re: Where should we focus this year?
by
tegacoll86
on 30/10/2018, 06:23:27 UTC
If you want to focus on something then focus on it at the beginning for you to achieve what you wanted and what you want to have in the future. At this point, I really want to save more, but as of now, I can't save more because of a lot of expenses we have right now. Maybe for the next few months, I can able to save some even a little. Little savings will still a big help for us.
There are many ways to raise a little money if you are faced with your monthly fee selection,I suggest that you save even if small in this month so that it will get used to if you are faced with future costs.You must focus on saving if that is your choice.
I am confused what your point relate to? Are you asking us where should we need to invest in this year or telling people to understand blockchain before taking invest in bitcoins.
Post
Topic
Board Economics
Re: Is the US Dollar Too Volatile?
by
tegacoll86
on 27/10/2018, 09:37:16 UTC
The short-term is unlikely, the dollar is still strong now, this is caused by Trump, but this is not completely good, when the dollar releases side effects, the world will fall into a financial crisis.
Yes, overall the dollar is not volatile at all. Rather it is most stable currency for the past decade. Currently the political things are unstable which is causing the dollar value to shuffle.
Post
Topic
Board Speculation
Re: DO NOT GIVE UP !!
by
tegacoll86
on 27/10/2018, 06:57:49 UTC
It is not easy to say do not give up while your capital or whole money is on a cryptocurrency that has been trending downwards for the past 10 months. Yet if the coin is solid and still hope the developers can fulfil their promise on the project then is worth waiting without given up.
You're not only doing panic sell but contribute for bitcoin to decrease the demand. Be a true bitcoin holder and do not give up. Ask for those people who did invest in December 2017 and they still hold their money.
Post
Topic
Board Economics
Re: What can be done to make bitcoin stable?
by
tegacoll86
on 26/10/2018, 10:09:13 UTC
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
To make bitcoin stable, then bitcoin must have rules and regulations, meaning, bitcoin must be made legal already. But there would become many negative effects.
If you're worried about your payment just withdraw them and keep in your pocket.There's nothing we can do to stable the bitcoin its not in our hands its volatile bitcoin born to increase and decrease that's why bitcoin is decentralized.
Bitcoin is unstable and it will take a long to become stable just like fiat currency as we know that there is also fluctuation in the value of fiat currencies but they are stable.

On the other hand, crypto coins especially the Bitcoin is volatile and this volatility will reduce only if more participants for Bitcoin increases which mean that demand rate will increase. If more investments take place Bitcoin will gain more support and strength and hence will get stable.


Bitcoin can never be stable because there's no one behind it. There's only two option for bitcoin and cryptocurrencies either it can die or live there's no way to make it stable.
Post
Topic
Board Speculation
Re: Bitcoin will go up like last year?
by
tegacoll86
on 26/10/2018, 08:03:42 UTC
Last year's market was able to quickly land on the moon and ICO has a close relationship, but this year there is no project that can attract huge purchasing power, isn't it?

  Be postive mate, because I am very hopeful that bitcoin will grow immensely and profitable. It may not grow like last year, but maybe it could hit at least $10k by the end of the year or moreover. And have a positive motivation on dealing this risky bearish market.
No one know because it volatile and hard to predict. If you want to see bitcoin on moon you have to make people mind to use it if they invest there money the demand increase.
Post
Topic
Board Economics
Re: Stop worrying about how much energy bitcoin uses
by
tegacoll86
on 26/10/2018, 07:26:10 UTC
Obviously it is energy consuming but in todays world what is not... I think that should not necessarily be an argument against Bitcoin
I am not agree. Ask from those country's people where electricity is to much expensive. Mining is worth it only for those country where electricity is cheap and almost free.
Post
Topic
Board Economics
Re: Bitcoin is one of the saviors.
by
tegacoll86
on 26/10/2018, 06:51:22 UTC
The benefits that bitcoin gives us are enormous. It makes our lives better with faster and cheaper deals. Moreover, it protects the user's information by its anonymity. Many people have changed their lives by investing bitcoin. From the scriptures, we can conclude that bitcoin is a savior
I think not only bitcoin but all cryptocurrencies are the best saviors. With the help of trading with alt i earn smart profit.
Post
Topic
Board Economics
Re: CryptoCurrencies around the GLOBE
by
tegacoll86
on 26/10/2018, 06:02:14 UTC
What do you think about the popularity of Cryptocurrencies around the world, do you think many people now are aware of this Technology currencies?, how much percentage would you think and how can we expose and spread this? Smiley Smiley
It doesn't totally reach in some countries and bitcoin for them is still unknown,by some parts of the world bitcoin was heard and seen on television or in the news but not totally educated by many.Knowledge is very important in cryptocurrencies and hoping that no one could ever take advantage to scam people because bitcoin is very useful if we just used it in a right way.
The demand is decreasing and its to much harm full for market and for bitcoins.It can be globe only if everyone start accepting it and government also support the cryptocurrencies.
Post
Topic
Board Economics
Re: Where should we focus this year?
by
tegacoll86
on 25/10/2018, 07:35:32 UTC
there are lots of new traders who don't know anything about blokcchain with the whole making them always think like that, they hope by entering blockchain can change anything and can get a lot of profit, but I'm sure that person doesn't understand what blockchain really is, because there on their mind is just how to benefit from blockchain.
I think this year would be great for alt coins. Alt coins price increase when the bitcoin price decrease both are similar to each other. Its clearly mean that people leave the bitcoins and move to alt coins.
Post
Topic
Board Economics
Re: current situation of cryptocurrency for 2018
by
tegacoll86
on 25/10/2018, 06:21:52 UTC
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market

I believe in future government accept it and it become global currency also it will reduce the use of fiat too.
Post
Topic
Board Trading Discussion
Re: Patience is the most important thing
by
tegacoll86
on 23/10/2018, 11:08:17 UTC
Being patient and calm helps investors master themselves in difficult situations that are essential to financial investment and cryptocurrency. Train yourself daily so that you can grow in investment and success.
First and the main rule is wait and not to do panic sell which mean you have to show some patient. But people never obey the rules even first and they sell out there coins.If they don't know how bitcoins works they should not invest with it.
Post
Topic
Board Economics
Re: Please, we should not totally eliminate fiat currency
by
tegacoll86
on 23/10/2018, 10:35:24 UTC
really true, we must still use FIAT to transact as an alternative currency where we can also use cryptocurrency easily and safely as the main currency
because these two types of currencies have different advantages and disadvantages, so we must still be able to use these two currencies correctly and according to their portions
I think government also want people to use fiat they're not against bitcoin we can use it but at least not eliminate the fiat because that tax which we are giving to government is help to develop our country.
Post
Topic
Board Trading Discussion
Re: Patience is the most important thing
by
tegacoll86
on 22/10/2018, 12:16:52 UTC
Being patient and calm helps investors master themselves in difficult situations that are essential to financial investment and cryptocurrency. Train yourself daily so that you can grow in investment and success.
You're right no patient no profit. Peoples are greedy enough they want profit every day but bitcoin has some rules and we have to work with that rules.
Post
Topic
Board Economics
Re: Is technical analysis negatively affecting cryptocurrencies?
by
tegacoll86
on 22/10/2018, 08:01:27 UTC
Looks like graphical analysis is not doing any good to the market. It's sure that the experts are trying hard but sometimes it may not just work.

Maybe yes it can effect negative. Since mostly analyze are against bitcoin. News and media make there own predict and stop people to use bitcoins. Fake news and impact market.
Post
Topic
Board Economics
Re: What can be done to make bitcoin stable?
by
tegacoll86
on 22/10/2018, 06:44:40 UTC
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
To make bitcoin stable, then bitcoin must have rules and regulations, meaning, bitcoin must be made legal already. But there would become many negative effects.
If you're worried about your payment just withdraw them and keep in your pocket.There's nothing we can do to stable the bitcoin its not in our hands its volatile bitcoin born to increase and decrease that's why bitcoin is decentralized.
Post
Topic
Board Economics
Re: LETS KICK OUT POVERTY USING BITCOIN
by
tegacoll86
on 22/10/2018, 06:02:59 UTC
That may not be possible very easily. People who have a great amount of fiat currency are sure to get a lot of bitcoin. But for the poor it's completely different,which is a difficult thing to change.

I am agree bitcoin can kick poverty but what about the economy?. Bitcoin has much disadvantages using it anonymous can destroy the economy plus risk of scams are everywhere.
Post
Topic
Board Economics
Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price?
by
tegacoll86
on 20/10/2018, 07:06:39 UTC
yea , the best thing to do when bitcoin are quite stable is by buying altcoin , for more safe i think buy popoular coin like STR , XRP , LTC etc
I agree. It is hard to stay in bitcoin because it is expensive unlike other altcoin that is more cheaper but some altcoin are worth because they are easy growing and can give good profit even for trading. You have to take opportunity on altcoin when bitcoin is unaffordable at the moment and gain profit from it to invest on others.
I also prefer good, authentic and reliable coins the ones you mentioned here. If you don’t have enough money to invest in bitcoin then you should think about Altcoin investment, because there are thousands of coins in the market and you may be scammed by scammers while projecting new ICO. Never invest in any anonymous Altcoin.
I don't see bitcoin is increasing. Bitcoin has still low rates plus other currencies are similar to bitcoin price. When btc decrease other alt coin also decrease when its increase all cryptocurrency market also increase.