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121  Economy / Economics / Re: The Mysterious Chinese Bitcoin Whale Hoarded 94,000 BTC on: August 01, 2018, 08:45:22 AM
that is why volatility is so high. those few whales has enough coins and cash to manipulate whole the market very easily. they decide the trend of the market. they decide when the market is going to recover.
These whales are sure to be together to make plans to manipulate the electronic financial market. But I believe they do not make a strong move in the market they create waves to stimulate demand for the market. To maintain strong electronic money.
122  Economy / Economics / Re: Fiat, Banks and the future of Cryptocurrencies on: August 01, 2018, 08:41:00 AM
Ignoring all the ICO and altcoin scams and focusing on the plausible scenario of Bitcoin as reserve currency and it's interaction with banks by then: I believe banks will still exists, since not everyone is a computer expert to keep their private keys safe. Banks will charge money to keep computer illiterate people's bitcoins safe from hacking and other threats.

I think there will be an huge business there. Banks don't need to necessarily disappear, just adapt, and the field is clear: being custodians of bitcoin, huge market niche there, there will be competition and good alternatives to choose from. One might think this defeats the purpose of Bitcoin, but that's beside the point.
Futures banks are just that, it's just a matter of adjusting to electronic money. The bank represents the government that stands out for your assets, away from hackers. I think in the next few years if the country is modernizing, electronic money will replace all activities of cash and other transactions. At that time the bank only represented the protection of electronic numbers is possible.
123  Economy / Economics / Re: what is the future of virtual currency like bitcoin ? on: August 01, 2018, 08:34:12 AM
I think with an ever-increasing number of users I'm sure and optimistic that cryptocurrencies can last for a long time, the most important thing in crypto investing is to be patient.
The future will certainly be a sustainable and sustainable financial market. It contributes to boosting the economy in every country. It will be much more receptive in the user community as well as the participating e-money investors. The future will help global adaptation and economic conditions of all countries.
124  Economy / Economics / Re: What don't you like about Banks and Banks controlling your money on: August 01, 2018, 08:30:45 AM
What I absolutely don't like about banks is that they use customers money to do their business and use it for lending without customers agreeing to that and there is no kind of transparency or whatsoever.

We know it but we can not do anything about it. Because they have the government to intervene in the same place. Chains are related to each other to be profitable.
In this event, the people are the most disadvantaged. Their bank only obeyed government orders, and they received only a small percentage of the transactions. However, it is no longer important because electronic money can replace them in the future.
125  Economy / Economics / Re: Eloncity is the future solution for energy problems ? on: August 01, 2018, 08:21:22 AM
The electricity generated by centralized generation is distributed through the electric power grid to multiple end-users. Centralized generation facilities include fossil-fuel-fired power plants, nuclear power plants, hydroelectric dams, wind farms, and more. In general, centralized power plants can affect the environment in negative ways.
Eloncity is designed to eliminate the era of centralized large-scale energy source using blockchain technology. Eloncity will create blockchain-based energy microgrid that works with localized power sources. With their energy market and distributions system.

Therefore, Eloncity can be described as a decentralized renewable energy ecosystem that comprises of high-performance blockchain technology to enable tracking and distribution of electricity generation sources.

I think this project is a solution to a real problem that exists.

What do you think about this innovative project?
There was a news that I heard about bitcoin is that bitcoin uses too much amount of electricity and in the coming future it will consume twice the amount it electricity consumed by the entire world in present times and I would like to ask these FUDs , as according to me this is the work of FUDs that is this really possible that bitcoin could use that much amount of electricity but to the answer for them, people has now bring eloncity that will consume as minimum amount of electricity as consumed by bitcoin in present time.
The weather is increasingly warming up, accompanied by the depletion of natural resources. Consequently, the level of natural resources consumed is increasingly high and expensive to use. With the use of electricity for bitcoin works, the electricity demand is quite large so it affects the natural environment. There should be alternative measures to use electricity that can use wind, water, ...
126  Economy / Economics / Re: Bitcoin contribution to world economy on: July 31, 2018, 09:35:47 AM
Bitcoin affect differently on different country economy. Sometime it affect in positive way sometimes it affects in negative way. According to Chinese government bitcoin affect their country economy by affecting their country own currency value in the international market. According to some other countries government bitcoin affects their country economy by affecting their country banking system. In some countries bitcoin help to built their economy strong by reducing unemployment issues in their country. Bitcoin help central African developing country's economy by helping their people in money transaction problems.
Bitcoin goes there to expand its economy and develop in every corner of the world. It is important that countries that do not recognize it in the market have many reasons over time. And now it has boosted the economy of a number of countries and especially the hard-hitting ones who have found their own opportunities for good returns.
127  Economy / Economics / Re: Gold & Silver are safe than bank deposits ?? on: July 31, 2018, 09:31:39 AM
Of course, gold is a precious metal that can be stored and carried away. Money can be stored in his hand, but it will be worn out over time that failure. However, gold storage is important because it is next to the user. And bank deposits are not necessarily safe because it may bankrupt or organize a group of attack is lost, then there is no property for ourselves. Roll Eyes
128  Alternate cryptocurrencies / Altcoin Discussion / Re: How useful is bounty programs to the overall success of icos? on: July 31, 2018, 09:22:38 AM
Bounty programs can be benefit for every start-up projects and also contribute to its success. It is essential for a project to launch such programs to gain popularity and let the people know what the project is all about, but sometimes can impact negatively specially when the project is scam and fraudulent that's why every bounty hunter should be aware of their responsibilities as much as possible avoid projects that are shady and trash.
Bonuses are an issue that most people are concerned about because their mentality is to be donated to have money. Simplifying the problem when the project is about to come out, encourages investors to make bonuses fun. It also means that everyone wants to be rewarded and hope to have the opportunity to increase profits. At that time, investors started to accelerate the project.
129  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: July 31, 2018, 09:18:06 AM
The reason is that some people believe that Bitcoin is some magical asset which can only go up. So they won't be much surprised if Bitcoin gives 20x returns (like we had in 2017), but when the prices crash by 50% the panicking will set in.
The simple reason is that everyone thinks it's going like 2017. They think it's like the same market trend but fundamentally the market is not a pre-programmed machine. It is created by the whole market, the elements that make up the market manipulation will lead to slow or never rise prices. Human psychology is uncomfortable and few people can calm down by psychology like a gambler.
130  Economy / Economics / Re: When bitcoin prices rise up the market also will on: July 31, 2018, 09:13:35 AM
True. When bitcoin price increase will promote the electronic money market became vibrant. Demand buyers of bitcoin will rise. A large amount of bitcoin will be sold into the market. Besides, it was promoting the electronic currency and other price increases followed. Especially the altcoin today's best such as ethereum, NEO, Ripple...
Certainly the market is going up by bitcoin. The amount of money loaded and the amount of bitcoin sold for market manipulation purposes is to blow the market signals to act. That is the hidden potential of the market. If one catches it, one will win.
131  Economy / Economics / Re: Crypto currencies are traded on stock exchanges. on: July 30, 2018, 09:52:40 PM
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?

It is better if you have link because i am confused if the crypto currencies can really merge with the stock exchanges but if this is true then will become a success then this will be a good development in favor of Crypto because the crypto currencies investments in this nation will become more popular in which is much needed to trigger the bullish run.

I think they are slowly adapting right now. But still not fully integrated. Opening some market is good for cryptocurrency market, another  avenue for trading and more people will be exposed to this market which means higher capitalization is expected.
It is possible that transaction on the transaction will be the new method applied to modern technology today. Extremely profitable and extremely profitable growth is possible. Whether it is stock or electronic money it is still the profit that people impose it to have great results.
132  Economy / Economics / Re: Quantum cryptography imminent? White House earmarks over $1B for research on: July 30, 2018, 09:47:39 PM
I do not rule out that all this is a big hype for the sake of allocating money. It remains to be seen whether this technology will find an application for itself. Even if you imagine that it will be introduced to the masses at a reasonable time.
Also when thinking of the rules of the game must be profitable or something that will benefit this game. They will think of things to be happy to hear the situation, the new will have its own changes to see ...
133  Economy / Economics / Re: bank on australian allow customers to purchase cryptocurrencies on: July 30, 2018, 09:38:32 PM
That is great but I think if they are letting their people buy crypto currencies, I think they must also accept selling them some, though that might be a bad idea.

The last part of the article is really funny since they prevented some of their costumers to buy or purchase Crypto currencies on the most common Crypto currency exchanges, does that mean they are taking it seriously and they want to eliminate their competencies? People have a freedom to choose where they want to buy, I don't think they need to force people to buy in them. They might be protecting people from fraud but come on, that is a most common crypto currency exchange.
That really is great for their country as well as for other countries. The first step will be very difficult to stabilize and then gradually go into the rules of stabilizing the expansion mechanism, of course, all policies will be expanded to develop accordingly.
134  Economy / Economics / Re: One of the biggest challenges that we will encounter in Bitcoin on: July 30, 2018, 09:35:42 PM
Even though Bitcoin is still the best option for international transactions, I don't see people using Bitcoin for the regular day to day transactions because at this stage most of the things of daily need are available at the price of Bitcoin transaction fee, so technically it is expensive to use Bitcoin for the day to day transactions especially in the case of microtransactions. We must find some concrete solution for this issue because it is an obstacle to the growth of Bitcoin in the offline market.
Every challenge creates success and opportunity. Regardless of the circumstances, let's calmly resolve the issues. There are many solutions to get involved. I believe the leaders will have solutions for investors or you can ask your relatives or friends in the country. Not banned for investment. Also very simple.
135  Economy / Economics / Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold. on: July 30, 2018, 09:31:49 PM
When you sell something you always lost some money. Just like to sell your phone, you was buying it in a magazine Enterprise was one and now the price is fall down maybe in twice. The same situation when you sell your Bitcoin. When is the prices for it is the best time to invest in it.
It is no surprise that all transactional intermediaries, including wallets, also charge a transaction fee. The hold is completely free of transaction costs but if the profit margin is very high then the cost is no longer a problem anymore. This is simple to understand.
136  Economy / Economics / Re: Cryptocurrency news on: July 26, 2018, 09:05:22 AM
Electronic money is becoming more and more diversified, but most:
Now, of course, it's worth the market, very good. Contributions to the economy are still visible. Now, this is the movement, in the future,
BTC will be a convenient and convenient means of communication.
Just calm down then make the correct statement.
It will be successful in the future is possible.
137  Economy / Economics / Re: Bitcoin contribution to World' income on: July 26, 2018, 09:02:28 AM
I believe that bitcoin will bring a lot of contributions to it and will pass or go beyond it but this will take time.
the contribution of the global economy accurately.
Now, of course, it's worth the market, very good. But the contribution to the economy is still visible. Now, this is the movement, in the future, BTC will be a convenient and convenient means of communication.
Just calm down then make the correct statement.
It will be successful in the future is possible.
138  Economy / Economics / Re: Mises' Regression Theorem. on: July 26, 2018, 08:57:47 AM
Of course they arose out of barter.  Bitcoins were traded for their novelty, and value as a decentralized system.  People thought "Oh hey, this is a cool idea, lets try it out."  "Oh hey, send me 5 bitcoins so I can check it out." etc.  Then, as it became more widespread, merchants began providing goods and services for it.

Granted, the evolution of Bitcoins is quite unique compared to other currencies, but I still say misers theorem holds here.

No, it's not. You guys switched from the crucial point - an existing pre-monetary value of the thing that becomes money, to the secondary one - the process (barter) by which this thing emerges as a universally accepted medium of exchange. It is like declaring that water is good for fire extinguishing because people tried different liquids for the task, and water proofed itself the best one. It doesn't follow, however, that water properties have nothing to do with the matter.

This is the weakest spot of Bitcoin. In "Human Action" Mises said that valuation of money (true money) always includes two components -  valuations of its monetary and non-monetary properties (F = M + N). What does this mean for gold, for example? It means that if, suppose, some nerd, having been hoarding a huge pile of gold, suddenly releases it on the market, he, theoretically, can destroy the M component. Suppose even people would think that gold is not a good means of exchange anymore. But he never can destroy the N component, because it resides in the properties of gold that have nothing to do with the exchange process. Gold is needed as a consumable material for jewelry, medicine, electronics etc. So immediately after the intervention stops, the N component, so to say, kick-starts the process of imputing the monetary value to gold. The question is: where is non-monetary component of Bitcoin? There is none. That's why Bitcoin is vulnerable to all kinds of "loss-of-confidence" attacks. I think that this is precisely what Nenolod is doing right now.

According to Nenelod he is NOT doing that.  he has as many coins as he needs and is on to the next step in his project.

Is there some minimum value that N has to have? Are you sure that N is exactly zero for Bitcoin?

I'm eagerly awaiting "loss of confidence attacks".
May. It's like declaring that water is good for fire because people have tried different liquids for the task, and water is proven to be the best.
However, it does not follow, that the characteristics of water have nothing to do with this problem.
I think it is objective.
139  Economy / Economics / Re: Trump defends Google after record EU fine on: July 26, 2018, 08:55:47 AM
Yes. There is nothing strange about doing "his".
However, in many respects, there will be mixed opinions on this action. Is good or bad.
But I personally think Google's protection is not just to help this unit but to look beyond helping the community.
The important factor here is that Google is the essential means of Internet users across the globe.
That is the deepest value that I think is so.
140  Economy / Economics / Re: Making crypto succeed in the real world? on: July 26, 2018, 08:48:49 AM
The full adoption can only be possible if the governments start cooperating with it, otherrwise, it will NEVER happen, because the most poor people will never know about the existence of it.

Exactly. The application of this
This is only possible if governments start working with it, otherwise.
Then it will NEVER happen, because the poor will not know their existence is absolutely right.
However, there should be fair and equitable solutions and plans for the entire community as well as for investors.
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