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Showing 20 of 136 results by vachellie
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Topic
Board Economics
Re: Beside Cryptocurrenices where would you invest?
by
vachellie
on 05/09/2018, 12:59:32 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 investing in bitcoin, i also investing in gold and renting house. investing in gold is more stable but not gain that much than investing in bitcoin, renting house is good choice but, it will be hard to get fixed costumer.
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Topic
Board Economics
Re: Will the bitcoin be outdated by another currency?
by
vachellie
on 05/09/2018, 12:47:49 UTC
My answer to the principle is: NO

Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.

Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.

BUY BITCOIN TODAY AND ALWAYS.

This is right, bitcoin irreplaceable, bitcoin still be currency and other cryptocurrency will be currency too, the different is only their prices, it's like dollar and other fiat currency.
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Topic
Board Economics
Re: Friends reactions to crypto currencies?
by
vachellie
on 05/09/2018, 12:12:14 UTC
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?

In my experience, I rarely having friends that's excited when i tell them about bitcoin, i don't know why, but maybe the main reason is bad news they read make they suspicious about this cryptocurrency.
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Topic
Board Economics
Re: Choosing the one | What I think! - Real Job or Full Time Crypto!
by
vachellie
on 04/09/2018, 16:32:43 UTC
i think part time crypto is best choice for me, getting fixed income from real job is better, because everything can happen in cryptocurrency, sometime you get profit sometime you loss it, not like in real jobs, maybe if you don't have family full time crypto is good choice because you only just need to care your own not thinking about your family.
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Topic
Board Economics
Re: When will smartphones used for bitcoin mining?
by
vachellie
on 04/09/2018, 16:14:28 UTC
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?

Even though smartphone now days have almost same spec like computer, computer is still better from it, i don't think this is good idea to make phone for mining tools, because everyone use their phone for communication or killing time playing some games, not for mining and i think it will use much battery  and make phone run out of battery much faster. So it's better use your computer to do mining than smartphone, charging while you using your smartphone could harm battery.
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Topic
Board Economics
Re: What happnes to BTC,if the oil price goes up?
by
vachellie
on 04/09/2018, 15:56:15 UTC
The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?

Two thing you stated above is not related, if bitcoin prices goes up when oil prices going down or vice versa, it's just coincidence. Two of them have different market.
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Topic
Board Economics
Re: How did Crypto help you out?
by
vachellie
on 04/09/2018, 15:47:19 UTC
I told him to save more before getting into crypto because they still have mortgage and car loan to pay.
Yeah it's better to make him to pay all he need and wait until he have much spare money before investing in here, make sure he learn about cryptocurrency to avoid some mistake.

Quote
Do you think crypto will help him out to?

No one can guarantee this, maybe he need good strategy if he want to gain profit from here.

Post
Topic
Board Trading Discussion
Re: My small advice about crypto market
by
vachellie
on 04/09/2018, 14:57:23 UTC
Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"

It's better to learn market condition when you want to investing, when you know the market condition, you will know when is good time for investing and when to sell it. it's better not to trust other people opinion, just choose your own decision by yourself.
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Topic
Board Bitcoin Discussion
Re: Why government announce bitcoin is illegal?
by
vachellie
on 04/09/2018, 10:58:35 UTC
We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal

Not every country make bitcoin as illegal transaction, just few of them banned it and several of them regulate using it. I think reason why they banned bitcoin because many bad news about bitcoin spread. that's why some of them choose to banned or regulate it.
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Topic
Board Economics
Re: Gold & Silver are safe than bank deposits ??
by
vachellie
on 29/08/2018, 20:56:39 UTC
For me i think gold or silver is more safe and i trust gold and silver more because i already feel the profit from investing in gold or silver and this kind investment already exist since old days, that's why this is more trustworthy.
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Topic
Board Economics
Re: Why all people moan about the price of bitcoin?
by
vachellie
on 29/08/2018, 20:11:26 UTC
of course they act like that, making money is not easy, obviously they afraid losing their money, that's why they want gain profit in here, just advice them to keep patient, it's not hard.
Post
Topic
Board Bitcoin Discussion
Re: Newbies to Bitcoin can be dangerous!
by
vachellie
on 28/08/2018, 15:12:22 UTC
Because the lack of their knowledge, sometime they just miss guide new comer and made bad image for cryptocurrency. Miss information to new comer just make they lose their money when investing in cryptocurrency.
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Topic
Board Economics
Re: Is wallet security important to use?
by
vachellie
on 28/08/2018, 14:54:01 UTC
Of course it's important if you want you lose your wallet then just ignore it  Grin
Just carefully use your device that stored your private key like carefully opening suspicious website.
Human error usually reason why their wallet get hacked.
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Topic
Board Economics
Re: Cryptocurrency wallets: Can they be hacked??
by
vachellie
on 28/08/2018, 14:19:06 UTC
I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

It can, but it's hard, mostly people just carelessly placing their private key in their device and get exposed because they visiting suspicious website or download and install suspicious file.
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Topic
Board Economics
Re: Why spend time in bitcoins?
by
vachellie
on 28/08/2018, 11:30:04 UTC
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.

Never think everything that you do is useless.
Especially in bitcoin, you can just sit and do your regular job because you just need to investing in here, so wasting time is not the right word.
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Topic
Board Economics
Merits 5 from 2 users
Re: How to manage the risk in investing cryptocurrency?
by
vachellie
on 26/08/2018, 21:33:04 UTC
⭐ Merited by Artemsv (3) ,Makleyhill (2)
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.

They should know that when they do investment they will get risk of losing their money, investment and gambling is not much different, the different only gambling get your money as soon as you win your gamble, but investment is need more time then in gambling and it's better to investment just your spare money, not all money that you have.
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Topic
Board Economics
Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.
by
vachellie
on 21/08/2018, 13:35:37 UTC
Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy

What do you think? How low bitcoin can go?


Just hodl it

It's not like that sir, i know you want to encourage other investor to not panic sell but i think people afraid losing their money if bitcoin prices can't raise again more than when they buy it, even though i don't want this happen to bitcoin though.
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Topic
Board Economics
Re: The dollar affects Bitcoin?
by
vachellie
on 21/08/2018, 13:31:42 UTC
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?

It's just coincidence, the two currencies are not connected at all. Like we all know bitcoin prices is fluctuation not like dollar or other fiat currency who have more stable than bitcoin.
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Topic
Board Bitcoin Discussion
Re: At what price will you panic and start selling coins?
by
vachellie
on 21/08/2018, 12:56:59 UTC
I will sell all my coins when bitcoin prices drop double the price when i buy all my bitcoin, but hopefully this will never happen to me, for now i just need to pray and hope that bitcoin prices will increase again.
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Topic
Board Bitcoin Discussion
Re: Can We Finally Call This the DEATH of Bitcoin?!?
by
vachellie
on 21/08/2018, 12:45:36 UTC
Bitcoin prices is just drop not death please make it different, you know bitcoin prices start from not even worth one dollar. Even scammer exist in fiat currency, so never assume scammer is factor make bitcoin death.