~snip~
I don't know how young are you, but I have seen worst economic situations in my country that even topple a dictatorship. Worst, after 30 years, the country is still in financial crisis and dollars per local fiat is rising. I can't say what would be the economic fate of Indonesia because as neighbor nations, I wish that everything will not be in chaos (might be a coup-d-etat, new government form but then the problem still persists), and I guess the sitting government should do everything at their power to avert another financial crisis. If your question is, will this affect crypto? I will say no, it wouldn't put a significant dent on the price, but Indonesians can run to crypto to leverage their wealth until the government find a way to prevent the disaster. I really agree with your words, maybe a reasonable alternative if they ran to crypto to reduce the disaster experienced in Indonesia today. Because using crypto is very helpful for the economy in Indonesia, especially those who have a low economy. i think we are helped now because crypto campaign, so that with us joining, it will get a lot of money. and for the cryptocurreny, i think the government has given a signal even though it has not decided yet |
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I think because crypto prices are not stable and that will make crypto not be able to replace fiat, and maybe crypto will be better able to become an asset than a currency and replace fiat.
in my opinion, if there are many crypto users in world, then government will take into account, especially many developed countries that legalize it. for price stability, i think in the government hand will be different |
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I think that this is fake news. For the past 2-3 years, China is showing a decrease in the imports of gold and the domestic production has remained stable. If the government had actually issued such an advisory, then we would have witnessed an uptick in the imports.
Honestly, i myself haven't seen the news about the recommendation. if indeed that is true, i think the government suggests safe investment. and when talking about china, i am a little confused, because the country often does its own breakthrough |
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Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Why not program a system about your idea? You know it is not easy like what you are thinking, also these exchanges are doing their best to protect their system or else it will be their loss. As a user you also have the choice on what exchanger you should use. There are a lot of available exchangers online so you can choose from them. indeed we can choose an exchange that we think is good in security from hackers. and one more thing, we can divide assets in several exchanges, so i think that can minimize risk |
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Being in cryptocurrency is more or less like taking some risks. You got to be a risk taker aside everything and engage in activities with investments. You have to bear in mind that you can lose or gain in cryptocurrency.
this applies to investors. indeed we must take risks to create a better life. however i offer to participate in the campaign and in the future we can invest from the rewards obtained |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
During the past few months, there were quite a number of good airdrops. But I agree that they are getting few and far between. The lack of an effective verification mechanism is encouraging a lot of scammers to this field. Existing gaps are used by scammers to obtain personal benefits, so that the project objectives that are held do not reach their true goals. and this makes the effectiveness of the motions less effective |
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I still hold Crypto, although now if it's sold it has a 30-40% decrease from the initial purchase.
but crypto is not only for profit but this is a long-term investment tool and history has noted that, where bitcoin was not very valuable in 2009.
now you can see what the price of bitcoin is, many people hunt them through mining or buying directly.
if everyone thinks like you, i don't think prices will fall like this. but not a few panic sell, resulting in the price getting worse, because the offer was bigger and no one bought it |
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From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.
Yes it's true some people have posted about eliminating fiat, but those are 1% of the entire community, I do not share their views, and it'll never happen. It's pertinent to remember that fiat can be printed, and is practically unlimited, however bitcoins on the other hand is not. One can do odd jobs, and earn fiat however bitcoins is not affordable by all, also it's not easy to earn them. One of the biggest obstacles in enforcing cryptos for all is, that not all governments welcome it and hence this idea of eliminating of fiat can never take place. i think the fiat currency will remain solid until now. we hear a lot of the news because we are active in the bitcoin forum. whereas in this forum, the community is only slightly compared to the total world population. so realistically, it's still a long time for bitcoin to dominate |
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The banks offer a security for keeping the money of other people and if the people will deposit or put money to the banks then the banks will keep it secured and they will promise them a very small interest so they will have more reason to keep their money at the bank and the banks uses those money to invest it in the stock market to create profit while they are only giving a very small return to those people who secretly lend them money to be used as a capital.
they simply used the money that the depositors put to their bank, and then with that they put it in many business ventures, also they can make money thru the services they made for the customers like what ATM does with just simple withrawal you will pay for it. But the greatest investment they do to earn money is putting it in the stock market like what you have said. in addition they provide loans to customers with greater interest. and i think their large income is from stocks whose capital is collected from customers. with a healthy bank system, i think the greater its wealth will be |
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All this time I only introduced bitcoin and altcoins to many people including friends and family, I never invited them to invest bitcoin because it was full of risk so if they lost money they would assume I was doing a scam.
right, looking for bitcoin is a good step to help others. and after that we let them create with their own style. and there are not a few examples stating btc scam, even though they don't understand btc |
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In my opinion, if 80% of the population uses electronic money, the government must amend and adjust the constitution to suit the economy of the country, which will put the tax on bitcoin trading. Because of that popularity, Bitcoin will soon become a growing currency on the market across the country.
of course at that time bitcoin will become very valuable. and the government must regulate it for the prosperity of the people. and tax is the ideal answer for all that. |
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From the point of view of the possibility of receiving high profits, bitcoin may indeed be of interest to banks, but from the point of view of risks it is not very attractive, because banks risk the money of their depositors and should minimize the possibility of financial losses.
i think the blockchain will be applied to the real thing, while for bitcoin i think it is still in discourse. we know blockchain is very helpful in terms of transfer, so it's very open possibility for banks to adopt it |
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I really did earn amount of money that helped me to do what I really want. I don’t have to be dying at the job I could’ve. Crypto gave me the opportunity to work on my own business and I find it great.
I remember last year, it is really hard for me to make a lot of money because i have a lot of debt to pay, but when my uncle tell me that investing on crypto can help me to make more money and now i am having a good profit and i can now help my family on there daily lives. many stories from cryptocurrency, many of which reach the financial freedom of this business. but the most important thing is that we must know about cryptocurrency first, so we can love it |
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A lot of people successful without nothing.
We're basically, all the same, were born the same without any knowledge or achievement. the difference is that our efforts to succeed.
Yes i agree of this we start at nothing in knowledge and or ideas but because we wanted it to learn purposely because it really give as chances to earn and to have a profit, for better life in the future we try and learn of our own and base of others experience. Most of the people are getting successful due to their hard work and that is the reason why everyone can be rich if they have the dedication to reach their goals. i think besides working hard, we have to work smart, so the results will be effective and efficient. therefore the right strategy is very used, so that it can maximize the profits achieved and we will get richer |
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You must have great trust on cryptocurrency to invest that much. I would suggest buy a few of each on top 10. All of them are cheap now and surely you'll get big profit when market recovers. Check a few ICOs too you might like to invest.
i think for investment in ico we must be very careful, because we have to be right in analyzing many things. especially when the market is sluggish like this time and ico is getting heavier. it's better to buy 10th grade coins in coin marketcap |
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I do think Neo will go to $200 again but I can’t comment on when. Neo is a coins with potential, IMO the price will recover and go to at least $50 after market recover.
i see neo is a good coin, currently ranked 15th in coinmarketcap. i am optimistic that $ 200 is a price that is still possible, but indeed no one knows when it happened. but i hope soon |
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Yes i totally agree that companies should start taking bitcoin instead of cash but it will take time beacuse so many people are still not aware about bitcoin.
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Of course this is bad, the more countries that are banned from bitcoin, the number of users will be reduced and they will automatically convert to fiat, this is what makes bitcoin prices difficult to rise due to banning from various countries.
right, with that news, of course, demand for bitcoin is decreasing, thus affecting price. we hope that governments of various countries will soon have policies that favor btc, so that there will be more and more bitcoiners |
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I think people getting wise to Tether is just about to explode. Probably 50% reduction in all cryptos in the next two days. Mark my words.
But you were right. But the truth is I do not believe that this is the end, I still think that this is just the beginning of all beginnings. I think that in the future we will be more shocked when the course reaches 100k. at a time like this, is the right time for investors and traders to find the right position in order to buy as much as possible. so i don't think this time is the end of the existence of bitcoin |
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It does not require large capital and does not need to wait a long time, if invest property or real estate would need big capital and I do not have the capital to invest in property.
Yeah if you are agree to invest in bitcoin you don’t need to have high amount of money or a lot of property you even can be an investors working with bitcoin having no capital. So I think for me the best choice is bitcoin not the real estate, I will keep my money safe and will see it growing when I invest my money to bitcoin but my real estate won’t be able to give me the profit I get from bitcoin. but investing in real estate is safer. but i agree, investing in real estate must have a lot of funds, in contrast to bitcoin. at the moment what i am doing is investing in btc, because results of bounty can be allocated there |
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