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101  Economy / Economics / Re: Tell us about your experience on: October 31, 2018, 08:03:39 AM
Friends  Wink
I want to share your experience with you.
Since the first time I got to know cryptocurrency I initially did not believe that cryptocurrency can help my economy, after I did it in various ways to work, finally now I can meet the economic needs of my family.

On the other hand I also read articles that they can also provide loans to help others.

And in this forum there are also people who provide ways to help their economy.

Quote
It can surely help the world economy in the following ways;
* Increase job opportunities as people can work from home and get paid in BTC which will benefit both the employer and the employee.
* Provide flexibility in online payments.
* Eliminate the need for exchanging fiat money as BTC can be used worldwide.
* Can benefit e-commerce websites in various ways.
These are just a few ways BTC can help to grow the world economy and I am sure there would be plenty much other ways which I can't think of right now.

Now, what about your experience? let's share experiences.
May you also succeed with cryptocurrency  Smiley
Being a successful trader, enthusiast, investor and hodler of Bitcoin which will lead us to earn millions of fiat money and helping out our family and relatives needs will have a good impact to our country's economy. If a country's economy is good then it will reflect to the world economy positively. Adoption of Bitcoin what makes it the next big thing in every crypto friendly country. Here in my country Bitcoin is great we can use it to pay bills, buy prepaid loads, shop online and even pay for goods and services offered by some merchants. It is very convenient based on my experience compared to fiat.
Most of the times bitcoin is benefitting those countries who are bitcoin friendly. Those governments who have made good decisions well in time and made remarkable changes in their laws and economics. They have adjusted the ways where bitcoin can become an integral part of their economy. These countries are giving best opportunities to mankind for earning good money.
102  Economy / Trading Discussion / Re: Books or youtube to learn how to trade on: October 30, 2018, 09:54:25 AM
Hello guys,

I am french and i wanna try to learn trading in English language (to get skills in english and trading ahah)
Do you have a recommandation for a good book ?

I wanna try to find a good youtuber to, who is explain how to detect signal. In crypto or in nasdaq.

And maybe if its exist, a website with exercise?

Thanks guys
Is there any difference between learning trade in English and learning it in French? I found it funny when I came across the sentence  but anyway, I will advise you to do things in any way that it would be more understandable to you. If you are able to find any video or article that can help you learn it in a way that will be easy for you, then go for that. I will recommend video, because it is practical and they show you everything as they teach it right there.
103  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 1200$ investment - What to buy ? on: October 27, 2018, 07:23:31 AM
but bitcoin.
it is the best coin of market. most of altcoin dropped 0.1x of its values, but btc dropped only 0.3x
With a $1200 capital in hand, you can buy any coin and in case the market value of a particular coin like Bitcoin is more than the $1200, fractions of Bitcoin could be purchased as well. There is big profit if these coins are held for long. Few months ago, it needed as much as $3200 to own four ETH and you are lucky to have a chance to own more than five ETH at not more than $1200. This means a net profit of $2000 with a capital of 1200 USD when ETH rises again to $800.
104  Economy / Economics / Re: The US dollar is gaining strength on: October 24, 2018, 07:40:53 AM
Yes, I admit that, in my country the dollar is very beneficial for us crypto, bitcoin players or other online businesses that use the dollar. But for some other people this news is a little not good, the dollar strengthens has an impact on rising food prices etc.
Right, dollar is gaining strength and our fiat currencies are going down and if you look on the other hand crypto currencies are also down and have taken a long time to recover. We will see uptrends and downtrends like we are noticing in the price of dollar as we know that demand matters a lot. The current value of Bitcoin is still stable above 6k dollar that is 6386 US dollar so there is no effect on price of Bitcoin after increase in the value of dollar.
105  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC for ICO, is it good or bad idea? on: October 23, 2018, 06:53:46 AM
Hi, everybody. With the development of cryptocurrencies and blockchain technology,not only good ideas and projects began to develop,but also those who want to get a lot of money on the HYIP,  use new technologies for their personal purposes. Projects began to carry out the KYC procedure for investors, airdrops, bounties to protect their projects from prosecution by the authorities, to improve security, to know their investors in person. But maybe we can use the KYC procedure not only for buyers but also for sellers. If we introduce such a procedure for new projects, it will increase the level of investor confidence, as well as deter many fake projects from collecting our funds, protect our crypto assets from fraud. This procedure can be entered in this forum to host projects or in special platform. The project developer will have to provide his personal and contact details.
Do you think this is a good or bad idea? Express your opinion.
I know a lot of people are going to say that KYC is bad cause it defies the purpose as to which cryptocurrency was meant for; Privacy. But trust me, I believe that most of these ICOs that don’t request for KYC are scam. And that comes with another risk that we are going to face which is giving out information to the wrong hands. That’s why it’s really good to mind the ICO you’re investing, so you don’t give your information to scammers who would sell it in the dark web.
106  Economy / Economics / Re: Apart from trading where else to use crypto? on: October 22, 2018, 06:59:28 AM
The main use of cryptocurrency as at now is still trading; and with main reason of profit making. The other uses can be for tieing down one's wealth and resources and to be traded/exchanged for a later date - crypto used like real estate.
Which in other words mean that it is like money and money could be used in any place for any sought of transaction. Same crypto could be used for any type of work you want to get done and which involves the use of money. To me, a second best use of cryptocurrency after making money with it is using it to make transactions. Banks and even ATMs are the money suckers and in the long run, you loose big money which is more fee than the services they provide.
107  Economy / Economics / Re: Bitcoin vs Taxes on: October 20, 2018, 10:18:21 AM
Taxes have always been a subject that people have commented a lot lately. I think bitcoin is our property if our wealth is so much that we should be obliged to submit to the state.
Taxes make nations if invest properly and the reason why majority of the countries in the world are struggling in terms of low living standards and in equal distribution of wealth is just because they either do not pay taxes to the state or the taxes paid to the state are not used in the right time in the right project. Countries like Denmark and Sweden have prospered immensely by using the tax amount to improve human capital.
108  Economy / Economics / Re: World economy, what do you think? on: October 19, 2018, 08:14:02 AM
growth and decline in economic value is not only regulated by a country, it can be managed by one person, or one company, you know George Soros? As a top speculator in the world, Soros has made several crazy maneuvers that have bankrupted many countries. he also did crazy things to England in 1992. At that time, using his speculative analytical techniques, Soros exploited the cracks of the British government, which was giddy with their pounds.
and there are still many people like him who don't need to be explained one by one, for example Rothchild and Rockefeller. they are one of the rulers of the world economy. which can be very influential on this economy.
Countries where crypto usage is common are well developed and they have strong governance as they are controlling everything properly related to crypto coins. If you look at poor countries, they will not think to adopt Bitcoin in their bad economic conditions because everything will be difficult for them to make a proper system for it. It will take time for these countries to accept digital currencies in order to boost up their economies.

109  Economy / Economics / Re: Will Africa be a good place for crypto? on: October 17, 2018, 07:31:03 AM
The success of digital wallets in the African continent was really great and based on what I've read on news articles about it, it really helped the economy and the businesses when it all started years ago.
With this in mind, will Africans be welcoming of bitcoin/altcoin as a real currency and not just a quick way to earn cash or invest? Like using it as real money / cash?
Africa is sure a good place for a real life case of cryptocurrency but we have to understand that just very few countries in Africa can have access to this and even have the technology to be able to have access to it.

A lot of the African countries have a higher population of those who are not even learned enough to understand what a PC is, let alone get to want to try their hands on cryptocurrency and this would most definitely be a huge challenge as far as I am concerned, for the space to develop pretty fast within this region. However, looking at the way things have been in this part of the world, it would really be a good use case.
110  Other / Archival / Re: Litecoin's future? on: October 17, 2018, 06:45:22 AM
Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.
What's your view on Litecoin's future? Will it catch up or continue to underperform?
Litecoin is just another altcoin, but one thing with performance is that it cuts across board for most altcoins and you cannot be comparing litecoin with bitcoin. First and foremost, Litecoin is just a mere clone of bitcoin and as far as I am concerned, it is in the shadows of bitcoin.

What is ahead in its future is something I would expect time to determine as no one can know, but without real life usage and bitcoin actually hitting a huge growth in the long run based on adoption and usage, that would really affect litecoin, but like I said, it is best to leave time to tell.
I think litecoin doesn't really bright for its future compared to other coins that provide with more and more features right now. I mean we are in a bear market but whenever there is a bull market people are going into a new coin and increasing its marketcap and making it go beyond litecoin, it was first ethereum now there is eos and stellar and ripple and now even bitcoin cash is bigger than litecoin which seems like a joke considering that coin is basically a joke coin kept alive by the creators and noone else (maybe also trading bots).

Litecoin is at 7th today and I honestly believe if it doesn't change its shell soon it will drop further and further in time. Doesn't mean it will drop in price, it may go up in price but if it goes up in price less than others go up during a bull run that is still considered a bad investment.
111  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the most promising cryptocurrencies? on: October 17, 2018, 06:04:09 AM
I think most promising altcoin is Etherum. Etherum have potential to make us rich. It has least risk of losing money than other tokens.

Mate, please, don't pollute the forum with all these useless and valueless messages! Last time the forum is full of similar posts! Otherwise, you will be banned by the moderators sooner or later!
Grin let the dude be! He is actually just displaying his love for Ethereum and obviously he is entitled to his own opinion actually. However, everything he has said actually shows his level of ignorance which is actually hyper.

People like him are always looking for quantity and wealth, and they never look out for quality and this is the reason why they will always end up flopping badly in the market and making horrible decisions as the case may be when it comes to investing in the market.

I would not blame him, since all he is after is short term ways of getting rich, he obviously would say anything to pollute the space since his mind is actually polluted.
112  Economy / Trading Discussion / Re: When to get in and get out in Bear/Bull Markets on: October 16, 2018, 01:32:37 PM
The concepts of Accumulation, ATH where can I learn more about those?I am so bad at reading those graphs and the internet is just overwhelmed with so much of information I am a bit clueless as to where to look and what to look for! Thanks so much
Don’t just lean about those graphs and technical Analysis instead watch videos,and you can find those in YouTube and some other given sites here in which the tutorial is in videos and not just reading.explore your self via internet and not just by reading in this forum
As long as you have the resources to learn, either books or whatever, it is still all part of learning and it is not a must for you to make use of YouTube videos before you can start learning at all.

The market generally is something you do not want to be trading without knowledge and at least some little bit of practice and if you can have that in place, that is what is important irrespective of where you have learned from. I am a trader, but I have never for once, made use of YouTube videos and I am doing great in my trading.
113  Economy / Economics / Re: BLOCKCHAIN TECHNOLOGY on: October 16, 2018, 12:57:01 PM
public officials are not that easy in corruption. if you use blockchain in a payment transaction then they can break coins to the smallest part to hide state assets. we must remember that rulers tend to be corrupt. So there needs to be a new rule if the country uses blockchain technology for payment transactions.
When rulers are corrupt, there are sometimes when they feel their hand is tied, it would be hard to do somethings. I feel you that one way or the other, they could try to find another means to keep doing their corrupt deals, but imagine in a situation where everything has gone digital, most governments are already on the blockchain and we have gone cashless, every transaction made by everyone most especially for the fact that it is centralized, will make it pretty easy to track any shady deals, and everyone can easily access these records, then I feel it would really go a long way to bring about some changes in governance, but all still depends on some few factors which balls down from the head anyway.
114  Economy / Economics / Re: What do you think about crypto currency issued by the government? on: October 16, 2018, 12:27:08 PM
It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
 
How do you think about these crypto?
The trouble is definitely the both worlds do not collide together. If the governments or the banks of those governments try to somehow make it work for both crypto currencies and the regular fiat currencies there will definitely be a conflict of interest. First of all the crypto currencies the governments push would be highly centralized currencies, which goes against the idea of the bitcoin and followed coins to begin with. Combine that with the fact that the banks will probably own almost all of it and just let it go whenever they need money to increase funds for the government, it would be horrible boat to get in.
115  Economy / Economics / Re: harmonization of fiat and crypto on: October 15, 2018, 08:04:43 AM
I agree if crypto and fiat collaborate, because it will be mutually beneficial, but if crypto can be received in the government, I think there must be control rules. so crypto usage is really on a good track. during crypto is still running on the system that is decentralization. I think the government will not add crypto.
If the government take over cryptocurrency I don’t really think we will still have coins like Bitcoin and the rest of them. Everything will be changed and we will start paying tax and also won’t have control over our money. They can even lock or freeze your crypto wallet if they suspect anything just like they do in bank. Things are alright as they are and we don’t need to be seeking for what will destroy what we have been fighting for.
116  Economy / Trading Discussion / Re: Are you making money in this bear market? on: October 15, 2018, 07:24:42 AM
Most of us that come into cryptocurrencies trading have this in mind that when bitcoin is in bearish trend we are loosing money and that is why we are seeing thread of loses in this bearish market.  Few know that you can trade usd/bitcoin and make money in this bearish trend all you just need to do is change your analysis from what you are used to to what is happening now and you will make money.
If you have your money in Bitcoin you will be losing it when the price is falling,that’s why some people go for stable coins like USDT or TUSD. Bitcoin fluctuates, so any money you have in it when the price is falling will be decreasing as the market continues to fall.

I usually take out everything I have, unless I had plans to save money with it till the next pump, that’s the only time I can leave it there. And by the way you can still make money when there is bear market.
117  Economy / Trading Discussion / Re: When to trade altcoins? on: October 15, 2018, 06:40:34 AM
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
People always buy altcoins when Bitcoin is at a stable price and sometimes they buy when the price is falling too. Times like this when Bitcoin is stable are the best to trade altcoins have you ever noticed that some altcoins goes up in some days? Maybe if you keep following the market and checking news that focus on altcoins you will be able to know when that happens.
118  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is ICO king, Do you agree? on: October 13, 2018, 01:10:51 PM
view of the large number of ICO platform that uses the ethereum then maybe it is true ethereum be said for the King of the ICO. and it could be also because much of the platform that ICO less so good also has the influence of value against the ethereum was also present. but slowly many ICO also began to appear with other platforms and naturally, this will threaten the ethereum own position as King of the ICO.
Actually, most of the tokens on the market right now are based on the Ethereum Smart contract platform and even though a larger percentage of them are shit tokens with no future anyway, we still know for now it is still a platform that is most widely used.

However, we also have to understand that this would not be forever, as we have a lot of project coming up with even much better smart contract features, which I believe as it is, we might end up seeing some huge competitive space for the smart contract platform in coming years.
119  Economy / Trading Discussion / Re: trading outside of crypto? on: October 13, 2018, 10:11:29 AM
Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Trading outside of crypto, I guess you mean forex or binary trading, cause that’s the two things you can trade outside of crypto trading and they are quite similar to each others. You just need a little training on how it works to be able to understand and trade them.

I have tried forex trading once, but it wasn’t really much of what I expected then, so I decided to quit. And like I said, there isn’t much difference between them. I believe if I go back to that this time around I will also make good profit from every trade.
We can find a trading platform that fits us, for me I love crypto because it's more profitable here, I am not saying all the time
but based on my experience, I have made a good profit investing during the early days. I should focus on crypto as the more I stay here
I learn something that could help me be more confident.
Besides crypto trading we have other choices as well that is in the traditional trading with products either of daily use or on country basis huge trades. Furthermore, a person can invest in stock market which will also generate profit but every business needs time to give you profit and you have to be prepare for everything. I prefer real estate business in which Bitcoin has entered as payment mode which is now more productive.
120  Economy / Speculation / Re: What the price of Bitcoin will be reached in 2019? on: October 13, 2018, 09:30:02 AM
Today Bitcoin is about 6550 dollar and I think it will be 10 thousand dollar next year.
But today the value fluctuated again and a decrease has noticed in the price which is making 1 Bitcoin equal to 6485 US dollar so this type of price fluctuation has been observing since the start of this year. On the other hand, we had worse situations last year in the beginning but if your memory is strong then you will remember the highest recorded value last year so I think this year it may cross its previous highest value.

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