How much, in your opinion, has international relations influenced the world economy and what do you think about it?
I want to believe that part of the reasons why the world economy hasn't crashed is because the world/international relation's input is at work and really functional. We will not sideline the great impart which the cryptocurrency market has also played in having in upholding the economy from a major crash.
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Is there first if bitcoin Will incur rise? After a few weeks of downtrend, is this a good time to add investment to bitcoin?
It's right on the dip, or still There will be a second, third or even worse dip?
Give your opinion on this. Thanks
A very good time for investment in bitcoin and if I should add; a good for some altcoins too. There are opened windows for new investors to come in and make profit, I believe now is the time to get it started without any regrets.
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why is the years that the rich get richer and the poor become poorer and more oppressed? What do you think should be done to keep this economic gap from continuing?
This trend of the rich getting richer has been from time immemorial! What I do believe can and will solve this gap from continuing is the introduction of wealth caps for individuals and families. Meaning an individual or a family isn't meant to have more than a particular sum. If in excess, it should be pumped back or redistributed in to the economy of the state/country.
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund. So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it? What will be a wise kove to do with the noney you have saved up?
I just keep on saving it till I really have a dear need to liquidate it. Here in this our part of the world, your reserve is deemed as your net worth and a lot of persons have been trying seriously to increase this so as to get some social/public/class recognition. And in some parts where we have the middle class, what you make can't even avail you the opportunity of having a worthwhile savings.
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I feel more people have become aware of the future prospects of the bitcoin as at today. The SEC involvement and other world financial bodies' involvement & news have created some level of respite which prompted some new Investors. Aside this, I have also noticed new influx of bounty hunters all around meaning more awareness is happening which will mean more investment in Bitcoin too.
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Do you think Bitcoin will remain the most dominant coin both short and long term? Even though it does not remain the most dominant coin, this will not be the same as saying that Bitcoin won’t exist long term.
Bitcoin has been made a major price dictator in the cryptocurrency markets; if you need to know how the market is faring you would check on bitcoin mainly. I do believe change is possible and imminent too; so, another coin coming in to outpace the bitcoin is very possible. But as for now, bitcoin dominates and dictates the market trends for most of the cryptocurrency markets.
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The Scamadviser website was helpful in stating clearly as regards trust levels of bitcoin investment sites which were actually scams or potential fails just as bitconnect was. I did fell into the bitconnect fail even after checking with scamadviser.com. I think most times, people are overly blinded by the results seen on those hyip sites than results gathered by scamadviser and its likes.
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Now that it is most apparent that majority of persons now are for the immediate market profits; that's what I see everywhere - asking of the bitcoin doubling just as it did last year. I read a post today of John McAfee predicting of a bullish run for the bitcoin this year and also backed up by most cryptocurrency experts. We still await this happening as they are the trusted cryptocurrency Analysts of our time.
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I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly. what factors make altcoin rise when bitcoin falls? share your knowledge with me!
I do strongly belief that altcoins being created have their initial purpose to fulfill; especially the ones with the real course for the future. I will make use of the Docademic as an example which has a project to do with health. We all know the importance and relevance of health; health is wealth and life too. So, a project that has come with a real impact on health improvement will certainly grow and make it into the future too. No wonder it skyrocketed recently even when the markets were red and it is still above its ICO price as at today!
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The economy here isn't really favouring as it is much more of a selfish one; we have those in power siphoning money from the government into their own pockets. They have been milking the economy dry and it is still a wonder that the economy is still standing up till date. Until the corruption part is being looked into with stringent measures, the economy will still be on a decline.
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If the rate of income/earnings is regular, then setting aside a particular sum per month or even weekly is a welcome strategy to having something to fall back on/retire with. But when it comes on and off and not in a consistent amount, it can be hard to meet up with the savings target. But I do know of keeping aside a good sum aside whenever an income comes in.
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Frowning at most banks that have not started taking up the use of the block chain for their operations and busy seeing bitcoin as a threat rather as a competition. Some new generation banks have started incorporating the cryptocurrency operations into their systems thereby getting themselves ready for the future.
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The income generated via cryptocurrency is quite having a positive impact on the world economy. As people are being exonerated from poverty, day in and day out, it will have a ripple effect on the localities, government, nations and the world at large.
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Digital money is really taking a revolutionary role in the economy of our nation; as more persons are turning into the cryptocurrency world, especially the youths. The modes of payment mostly are now done via bank transfers and you shop easily with your debit cards too. It has really aided in smooth business transactions in all.
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Well, depending on one's goal in life; you did set a priority in that regard to have a fulfilled life. I speak from experience of what counts even here in my country as a typical example. Education isn't counting as much value as it ought to; with some connections without a qualified certification, you can get a job of your choice. And as it is for now, a school dropout who goes fully into bitcoin investment will/can end up employing a graduate. So, I did say that investment in bitcoin pays more on the long run.
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I still believe that bitcoin will recover from fallen,and it will grow up to the higher again.how about you?!
The rise is still feasible for this year but the max I see bitcoin hitting this year is still the 10,000$ mark. The stringent rules guarding and guiding the cryptocurrency markets is really having its toll on the bitcoin price value. But the characteristics of the cryptocurrency markets will still help the bitcoin to breakthrough some areas soon.
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The ban has been somewhat implemented but not outrightly banning everything cryptocurrency from Facebook especially. I recently got blocked from posting on Facebook some few days ago because of a cryptocurrency repost I shared. I wasn't pre-warned about it but an immediate 24hour ban was implemented on my action. I have since then been more careful with my repost and noted that Facebook is serious with their cryptocurrency ban ethics.
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The best cryptocurrency i used is the BITCOIN BTC because of the popularity of this coin compared to others. This is the best and trusted cryptocurrency in transfering funds in the blockchain market, tested and proved it for now.
For now, I did go for ethereum; this is practically what I use in converting to my fiats and still have some smaller units to monitor its increase. I had shifted from the bitcoin since its transaction fees went crazily up. I might be reconsidering now that I hear the transaction fees are lowering.
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I spend about an hour daily. How much time you spend on researching about bitcoins ?
Well, I haven't been able to quantify mine actually but I do spend sometime on this platform daily and I guess the logged in time too helps me know how much time I have spent too. Other times spent on the social media for reading cryptocurrency posts and shares too can sum up to an hour or more.
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