Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
As much as the term decentralization is being used, I do feel some iota of mirage in the purpose! As a lot of early adoptors, investors and programmers have made their huge profits and now left the markets in shock. I would say that they had control over the markets then and maybe the power is now being transferred to some new set of persons. |
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In my own opinion, I do think the fiat currency can't be totally eradicated/submerged. Reasons being that no matter the high levels of development or sophisticated technology, there will still be areas where these developments won't reach. And they still will have contact with themselves making use of the fiats for themselves and also having its equivalent if the needed arises to transact with the digital currencies.
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Lets get discuss about the differences between the developed nation and the developing nation.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
Another part I did like to point out is the area of the basic needs which is really lacking in the developing countries; I know governments in the developed countries are well structured/organized to have the data of all the citizens and providing the basic needs and social amenities for its country. The developing countries' citizens have to fend for themselves and provide these basic needs even from the meagre earnings they make! The difference between the developed and the developing countries is quite a far end from each other. |
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Reports have it that bank frauds still continue to happen despite of strict security measures being taken by the banks. Just between January to July 2018, just timeshare fraud alone had 1.155 reported cases. It's when you’re told you can go on a free holiday or get rich by joining an exclusive holiday club or timeshare programme, but you’re eventually forced to pay for it through small print in the contact. That is not to mention other types of fraud like identity theft etc.
This gets me thinking, is it safer to just have bitcoins, or cryptocurrencies for that matter since it's not regulated by banks? What do you think?
Frauds are everywhere; both in the banks, cryptocurrency and other financial institutions. The help I think the blockchain should really do with its advanced technology is to really curb any form of losses through hackings of wallet funds; this will really create an edge over the banking sector. |
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The mind is a terrible thing to waste! There is so much yet to be exploited on the cryptocurrency platform, blockchain technology and general financial economics. I do think one should have his or her way in getting knowledge in the necessary areas deemed fit and avoid been a waste over time.
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Hi I just got some extra money and I'm looking to invest, I want to invest in BTC but the price is too high for me, what do you think will be the next BTC
one you can buy low and make a good profit when it burst?
I will advise that you term this extra cash as a longterm investment. It is an investment you commit to and not to be touched for a long time. A quick expo why you can invest in the cryptocurrency now is that approach & publicity has somewhat reduced and waiting for a real pump. |
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A wider, intricate and holistic view is the area of the socioeconomic aspects that bitcoin itself can and will help to solve. The potency of the cryptocurrency is still in the process of exploitation. When fully launched, the socioeconomic responsibility will also be fully exploited.
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hello member of the bitcoin forum,  I'm confused and looking for answers about how to help people who are having economic problems, are there any of us in this forum who have a good heart to help the economy of fellow human beings, can opening new jobs reduce unemployment and improve the economy? Helping people out in solving of theie economic problems is really a job to do; goes a long way in providing the social amenities and also the basic human needs. I believe when these are met, the people's economic situation will be changed. |
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Many people in this world are always questioning this, what is a good business? Well, good business is a business that begins, rather than being questioned because the hard thing in doing business is to walk to the first ladder. If we do not start a single step, we will never get to the top. Just as with trading, or investing in cryptocurrency, without trying and starting investing in it, you will not know how much profit you get, and how much experience you will receive if the market is down. Remember that experience is the best teacher.
A good business could also get to be answering questions because it is meeting needs its customers and also genuinely having the right solutions; questioning the wonders and exploits achieved over the years. |
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what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?
I believe cryptocurrency is still in the place of having some finishing touches; gives more reason to some disadvantages and why it is very much under observation. But when these lapses in the cryptocurrency technology is being finalized, I believe it will be unavoidable for any country to get involved with. |
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A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
.I do agree with you as regards those preferring safety of fiats over cryptocurrency investment. I did have a discussion today as regards facts that keeping money/fiats in banks is even as a loss and an old school mentality. One is also at the risk of inflation affecting one's savings in banks overtime. So, I am of the better opinion of having ur life savings in real estates, cryptocurrency and other legit businesses rather than having it stored or wasting in the banks. |
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
At this point in time when the markets are down coupled with the history that it was once almost tripled of what it is today; that people are still yet to recover from their previous losses, it will take some real convincing power to get people on the cryptocurrency business/investment.. But the area that is still with constant pays is that of the buying and selling of the cryptocurrencies. So, small businesses can still use this areas to market cryptocurrency. |
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Why are many disturbed about the drop in the price of bitcoin  . Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin.  I can say to some extent that the real initial drive in the cryptocurrency works have gone down; this is owing to the constant dips experienced in this year 2018. We have some few persons that are diehard enthusiasts and are still predominantly investing. While some like me haven't given up but just holding! |
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Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?
I am not certain banks in my country have started accepting the bitcoin directly. I don't think that is happening anytime soon; though they can follow suite with imitation of other countries.. It won't be a bad idea if banks all over start having real deals with cryptocurrency. But I know for sure that the banks would have started trading investments in cryptocurrency. |
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Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
I did learnt that the cryptocurrency market trading/trends have behaviours; hence, this implies that the market trends is mostly being swayed by human decision making processes. If most persons are influenced easily by what they hear or see aside real strategic speculations, the market will definitely move in the direction if the majority; depending on their decisions made. |
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There is a wise saying that you can do business in bits and gather your profits also in bits; the little drops making a mighty ocean. You don't necessarily have to wait till you have the big capital to invest big. There are quite some strategic areas you can use the little capital you have to scoop in some worthy/large profits.
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kinda strange when investing in a volitile market. you can spend 10,000 $ into the market in january and come out less. than what a person invested in april with 10,000 $.
Timing has really been a determinant key factor to earning/profit making on the cryptocurrency space; also somewhat peculiar with the stock markets. Also, time is predominant as to when profits are being taken or losses being recorded. You shouldn't joke with time even much more when it comes with the volatile cryptocurrency markets! |
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It is well insinuated already that the cryptocurrency market has hits down moments already for the year 2018 and we are merry go rounding the resistance level. I can say that we are currently in the midst of the cryptocurrency financial crisis. We only await the ETF release into the markets to lift it up from the dip.
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I don't really blame the panic sellers in all as they don't really get a full picture of what they are doing wrongly. Also, for the few that do know, I believe that when great needs/expenses arises, they might or often left with no option than to sell off their bitcoin irrespective of the knowledge they have.
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What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
Government and tax is guaranteed for certainty when accepted as a full currency. But I did think that government will get their taxes via transactions made on bitcoin and possible ethereum too; if both are being used as means of spendings. |
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