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Showing 15 of 15 results by vohoanghiep5555
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Re: Young people should go all in on bitcoin
by
vohoanghiep5555
on 05/07/2017, 03:45:33 UTC
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.


I think the price of Bitcoin is so high that purchasing is a wise decision of young people because of too much risk. When you are young, living with your parents, most of the savings you save are so small that you can invest in Bitcoin. Bitcoin prices will increase or decrease so nobody knows in advance so I do not encourage you to invest all in Bitcoin
Post
Topic
Board Economics
Re: Bitcoin or gold?
by
vohoanghiep5555
on 04/07/2017, 16:41:12 UTC
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.


There are always two choices for you:
-Bitcoin: A Venture Capital, but the profits you can earn after 10 men are many times the amount you spend.
- Gold: It's a steady investment but it does not have a surge, so if you want to be safe then invest in gold.
Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
vohoanghiep5555
on 03/07/2017, 04:21:01 UTC
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

I think Bitcoin does not support in some countries because they lack access to Bitcoin like the internet, access tools, and Bitcoin knowledge.
Post
Topic
Board Bitcoin Discussion
Re: What do you like best about bitcoin?
by
vohoanghiep5555
on 02/07/2017, 04:30:10 UTC
https://pbs.twimg.com/media/CI5zgjQW8AANx9G.png:large

What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink


I like a lot of Bitcoin stuff. It's easy to find and get to know. Besides, Bitcoin is not controlled by any bank or government, you can go anywhere and still be able to trade Bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: $0.85 transaction fee is absolutely ridiculous!
by
vohoanghiep5555
on 19/06/2017, 17:10:29 UTC
Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.

This is getting insane and is completely uncalled for, or am I wrong?

I think the transaction fee of $ 0.85 is not much and it does not matter how long it takes to complete a transaction
Post
Topic
Board Bitcoin Discussion
Re: How do you keep your bitcoins?
by
vohoanghiep5555
on 16/06/2017, 06:04:50 UTC
I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs



most I transfer Bitcoin into cash, a little longer I hosted ní to for of I use to for business purposes and gambling online
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Topic
Board Bitcoin Discussion
Re: How is bitcoin not multi level marketing?
by
vohoanghiep5555
on 07/06/2017, 13:25:57 UTC
We tell our friends about it and they buy it at 10% more than you paid for it just because you have the in.

Did they really need this in their lives?



Yes exactly Bitcoin may be divided into many categories but we can not assert that it is multi-level. It's possible that many Bitcoin participants have been scammed, but we can not say that it is multi-level
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Topic
Board Bitcoin Discussion
Re: Bitcoin Bank???
by
vohoanghiep5555
on 06/06/2017, 15:12:17 UTC
IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
 

Surely no bank does Bitcoin really work. You can just keep your money in your purse without fear of losing with a clear address and information
Post
Topic
Board Bitcoin Discussion
Re: Source of bitcoins
by
vohoanghiep5555
on 04/06/2017, 05:17:11 UTC
I use exchange websites to withdraw my bitcoins for fiat to my bank account. I wish to know that if in case the bank asks about the source of the income and source of bitcoins, what would I proof can I give them? I commonly earn from signature campaigns, freelance tasks and translations but giving them the complete details would be too much.


Has anyone ever provided proof or their source of bitcoins to any bank or legal organization? What would be the best way to prove it?


I will take screenshot of the transaction and show them. Maybe they will understand what I'm doing. In addition, I will withdraw small amounts of daily living expenses. You should not spend too much money for life because it will make the bank pay attention to you
Post
Topic
Board Bitcoin Discussion
Re: $0.85 transaction fee is absolutely ridiculous!
by
vohoanghiep5555
on 03/06/2017, 11:42:30 UTC
Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.

This is getting insane and is completely uncalled for, or am I wrong?


What you said is absolutely wrong. The $ 0.85 transaction fee is not large and is perfectly reasonable. Nothing is free while you also make money from Bitcoin so why are you asking for free? You should learn to accept, let go to get back
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Topic
Board Bitcoin Discussion
Re: In what situation would Bitcoin die?
by
vohoanghiep5555
on 01/06/2017, 13:59:18 UTC
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

I do not think it will happen. If it happens, I think it could be a legal issue. Because Bitcoin is a virtual currency that the government can not manage, taxed so many people will use it to launder money for illegal activities so authorities will pay more attention. It and you know what will happen next
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Topic
Board Bitcoin Discussion
Re: Why Cash is better than Bitcoin.
by
vohoanghiep5555
on 01/06/2017, 13:51:16 UTC
like Venezuela!

Show me, how BTC is used there for food shopping, seems it exist not.

You just need to transfer bitcoin from wallet to bank account and withdraw money for use only. too simple
Post
Topic
Board Bitcoin Discussion
Re: So Bitcoin is better than Gold?
by
vohoanghiep5555
on 29/05/2017, 14:30:55 UTC
So Bitcoin is better than Gold? Roll Eyes
I'm not sure Bitcoin is better than gold, but I realize that some of the benefits that Bitcoin can bring that gold can not do is that you can not use gold to pay but Bitcoin does. Besides, Bitcoin helps me to make more money while gold is not possible. If gold last month instead of you invest in gold that invest in Bitcoin then you probably now become billionaire then. Finally, it is undeniable that gold is very stable so investing in gold is not a bad decision. Grin;D;D
Post
Topic
Board Bitcoin Discussion
Re: What is the best source of bitcoin nowadays?
by
vohoanghiep5555
on 28/05/2017, 04:05:07 UTC
Guys I know that there are previous posts and polls regarding the highly suggested source of bitcoin but things always change do I want to know what is the current best source of bitcoin nowadays. Please participate on this poll and kindly tell us why that's your choice. Thanks in advance and God bless us more Wink
I think business is the best bitcoin source today. Because gambling will make you lose money and become white-handed even though you can make a lot of money from it. Besides that you can also earn bitcoin from the sale of goods and digital assets. But for good business you have to have high skills and experience to accumulate, in the end beware of the scammers.
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Topic
Board Bitcoin Discussion
Re: Bitcoin as a source of income?
by
vohoanghiep5555
on 27/05/2017, 13:00:02 UTC
Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?

Bitcoin is my current income stream but i am not sure that in the future it is still my main income. Because bitcoin is not stable, but you can see it as a part-time job and it will give you a stable source of income. You can also dream of a world in which Bitcoin is the currency used to trade worldwide