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Showing 20 of 31 results by yarozaqu
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Topic
Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
yarozaqu
on 22/07/2018, 13:39:37 UTC
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

I think In the coming future It will happen. Because It is the future technology.
Post
Topic
Board Economics
Re: bitcoin in developing countries
by
yarozaqu
on 14/07/2018, 05:22:59 UTC
at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Bitcoin in developing country will help their financial economy.
Post
Topic
Board Economics
Re: A government can create a cryptocurrency ?
by
yarozaqu
on 26/05/2018, 16:55:38 UTC
What do you think about this possibility ? Would you invest in your government currency ?

It is possible the government can create a crypto currency. because Crypto is the future technology, So it will be needed.
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Topic
Board Economics
Re: Will governments create their own cryptocurrency that will replace fiat?
by
yarozaqu
on 23/05/2018, 21:13:05 UTC
In the next 100 years, do you think Governments will create their own cryptocurrency or digital currency that will replace fiat currency, i.e. coins, paper money, the paper dollar,  etc.?

If it does happen, will it be like bitcoin or will it still represent gold like how today's money works?

I think It is possible, If the goverment create own crypto currency that will replace fiat, because crypto is the future currency.
Post
Topic
Board Altcoin Discussion
Re: Is a million dollars possible?
by
yarozaqu
on 23/05/2018, 20:58:48 UTC
If one were to buy and hold solid  avaerge coins (not a coin that kicks out and gets 10000% gain), but rather a nice steady gain like eth, Ltc etc (top 20) and starts with 10k, is it possible to reach a million without trading and buying/selling at highs and lows? If so, how long would you predict it would take? Or are most coins not going to last long term, so every 6 months would I have to rebalance with newer coins?

It is possible a million dollars, If you have alot of money to buy crypto for long term investment or trading.
Post
Topic
Board Speculation (Altcoins)
Re: Tactics When Market is Falling
by
yarozaqu
on 23/05/2018, 20:51:51 UTC
Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks

In my opinion Tactics when Market is Falling, I think be calm and buy it the hold  until the price will rise. The you sell it.
Post
Topic
Board Economics
Re: The market started looking green today.
by
yarozaqu
on 23/05/2018, 20:43:43 UTC
It appears the market started recovering today from one of the worse long-lasted corrections in bitcoin history.
The bitcoin now secure the 45% of the cryptocurrency market dominance. what you have to say about that?

https://i.imgur.com/rX7N7Vc.png


It is a good sign. I think The market will rocovery slowly and the price will rise soon.
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Topic
Board Bitcoin Discussion
Re: What is the reason why we really need Bitcoin?
by
yarozaqu
on 23/05/2018, 20:37:03 UTC
Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?





Because Bitcoin is the future currency, Thats the reasin why we really need bitcoin . Because in the fututure it will be needed.
Post
Topic
Board Speculation
Re: Perfect Time to Buy!
by
yarozaqu
on 23/05/2018, 12:28:44 UTC
With all the good news coming out in favor of bitcoin like Expedia accepting bitcoin etc it's time to buy with the price going down. You will not be so lucky next week. I strongly believe it's going to reach $700 by end of next week!


Yes, It is the right time to buy crypto. You can buy bitcoin when the price is low like today.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin finally legal in India
by
yarozaqu
on 23/05/2018, 12:22:05 UTC
"Suddenly, Bitcoin to Be Officially Legal in India"
posted Jule 20, 2017
https://cointelegraph.com/news/suddenly-bitcoin-to-be-officially-legal-in-india

Bitcoin exchanges in India have been able to operate but they have been self-regulating using strict Know Your Customer and Anti Money Laundering measures https://veratad.com/solutions/identity-verification/ in place. These areas will now fall under government regulation.

Funny side note--a member of the parliament in India likened Bitcoin to a Ponzi scheme as recently as March of this year. Pretty wild.
"In a letter to the Finance Ministry and the Reserve Bank of India, Somaiya explained that Bitcoin is a pyramid Ponzi-type scheme. However, Somaiya was criticized for his inability to understand the structural and fundamental difference between a Ponzi scheme and Bitcoin."




It is a good news.  I wish all countries of the world will accept and legalize bitcoin.
Post
Topic
Board Altcoin Discussion
Re: How to choose bounty?
by
yarozaqu
on 22/05/2018, 21:27:00 UTC
We all know that there are a lot of bounty in the bounty section as we can see, but my question is how to choose good bounty campaign that we are able to  earn money? Many people mention, that the only way to determine whether the bounty is profitable or not  is by reading its white paper but may I ask to those expert here what is the other way to determine the profitable bounty?


to choose bounty, you can learn kyc and white paper of project. You also see their bounty manager. It is my way to choose bounty.
Post
Topic
Board Altcoin Discussion
Re: Do you panic?
by
yarozaqu
on 22/05/2018, 21:19:35 UTC
As I have noticed these days, when the ICO hasnt finished yet and the sale was still on going, the bounty tokens has already been distributed and also unlocked they sell it immediately on forkdelta or etherdelta for a much lower that ICO price, in which it could greatly disturb the sales in tokens. As for you the investor on that token, would you panic when you see that the tokens you own already selling at much lower price?

No, be patience is key for it. I will hold until the market is going up again. it will rise soon.
Post
Topic
Board Economics
Re: Can it be possible for the whole wide world use a single currency?
by
yarozaqu
on 22/05/2018, 21:10:51 UTC
I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?

I am not sure for the whole wird use a single currency
 because every countries has own currency. they want their currency will remain.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as the currency of the future?
by
yarozaqu
on 22/05/2018, 21:04:21 UTC
I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?

It is possible, bitcoin as the currency of the future. because many advantages of bitcoin, simple and secure. It is future crypto currency. In my opinion.
Post
Topic
Board Economics
Re: Working smart vs working hard - an ultimate guide
by
yarozaqu
on 22/05/2018, 02:58:57 UTC
Many people say that you should work hard if you want to succeed in life and rise to riches. I'd rather say that working hard will only make your boss richer, not yourself. On the other hand, there is an age-old adage which says that you should be working smarter, not harder. But working smarter is a vague idea, and I'm interested to hear what people have to say on this topic. As far as I'm concerned, I think that working smart comes down to creating environment where you will have more chances to meet Lady Luck smiling at you, where you will be able to hit a lucky strike because luck plays an ever-important role in our lives. For example, if you want to find a date to have a romantic relationship with or you are looking for a one-night stand only, you will go to a beach or a bar since your chances are higher there, right? The same approach seems to be applicable to work as well. In other words, stick around the places where your chances of success are the highest.

So share your opinions here, guys. What is your practical take on working smart?

I prefer working hard and spend my spare time to do working smart , like to participate in bounty campaign
Post
Topic
Board Altcoin Discussion
Re: Favorite Coin for 2018?
by
yarozaqu
on 22/05/2018, 00:49:30 UTC
Please, i have no interest in your projections, I'm more interested in the technology behind the coin you deem your favorite for 2018. So having said that, what is YOUR favorite coin, and what will it do for: technology/blockchain/financial fields?

My favorite coin in 2018 is bitcoin  and ethereum. I like both. It has got me alot benefit in 2017.
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Topic
Board Economics
Re: Will Crypto currencies make local currencies disappear?
by
yarozaqu
on 22/05/2018, 00:18:45 UTC
Competition between local currencies Vs crypto currencies are in peak now. Crypto currencies have occupied currency market causing local currencies enforce (banks) banning of crypto currencies. We can see number of investors have turned towards to bitcoin and other crypto currencies with large scale. Will there be a chance / time bitcoin and other crypto currencies rule over currency market and local currencies get disappear slowly in a decade or two?

I Think why crypto currencies make local currencies disappear, because crypto currencies is more popular and more valuable. The crypto is the future of technology.
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Topic
Board Speculation
Re: Cause of volatility of bitcoin ?
by
yarozaqu
on 22/05/2018, 00:07:54 UTC
Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?

many factor cause of volatility of bitcoin,  major factor is demand. The negative news also affect the market. The government ban bitcoin , it also affect the demand is low.
Post
Topic
Board Economics
Re: Why people are still buying BTC?
by
yarozaqu
on 19/05/2018, 20:57:07 UTC
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.

Many advantages of bitcoin, it is simple and secure. It is digital currency. Bitcoin is the future currency. Thats reason why people are still buyinh BTC . the people believe the price of bitcoin will rise again.
Post
Topic
Board Economics
Re: Panic selling can contribute to bitcoin price going down?
by
yarozaqu
on 19/05/2018, 08:33:56 UTC
I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

yes, It's true. Panic selling can contribute to bitcoin price going down, the supply will high and the prices is going down.