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141  Economy / Economics / Re: Will Crypto currencies make local currencies disappear? on: May 22, 2018, 09:15:18 AM
Competition between local currencies Vs crypto currencies are in peak now. Crypto currencies have occupied currency market causing local currencies enforce (banks) banning of crypto currencies. We can see number of investors have turned towards to bitcoin and other crypto currencies with large scale. Will there be a chance / time bitcoin and other crypto currencies rule over currency market and local currencies get disappear slowly in a decade or two?

I still very much believe that even when the future adopts Cryptocurrency fully, the role of fiats can't be totally scrapped out. There some developing countries that still don't have access to the internet talkless of the blockchain technology. In these areas, physical cash will still be predominantly used.
142  Economy / Economics / Re: crypto market demand is increasing on: May 21, 2018, 11:57:55 AM


The South Korea/Asia have a major share and role playing in boosting or pulling down the Cryptocurrency markets. Their pull demand coupled with the global financial bodies' involvement in the Cryptocurrency markets will help stabilize things and also giving a steady growth to the market with minimum risk.
143  Economy / Economics / Re: Investment amount on: May 21, 2018, 11:54:57 AM
How much would you make as first amount? I was thinking  £50 bit even if this times by even 10 that's only 500.

Would 300 be a more realistic start

As for me, I did made some earnings via the bounties first and can take part of it in investing in real prospective ICOs. I wouldn't put my hard earned money initially into any investment. It will be earnings made from Cryptocurrency that will go into it and no much risk involved for me even if it is lost.
144  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: May 21, 2018, 11:51:00 AM
This is a very good option of earning in diaspora for persons considering a move to another country; especially for Canada that does allow for Cryptocurrency transactions. The OFW, I hope will not frown at this seeking transaction history of the persons involved. Well, away from the high risk involved, I did say the bounty/airdrop hunters stand at advantage because there is like virtually none of their money involved; they only earn without investing their money.
145  Bitcoin / Bitcoin Discussion / Re: Banks to start trading crypto sooner on: May 20, 2018, 07:14:15 PM
Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon.

Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html



Well, I can see it already happening as one of the top banks in our country is already having coins for customers that makes use of their online services. It is a new generation bank and very open to innovation and especially friendly to the youths. I definitely know they will be making plans on the blockchain already.
146  Bitcoin / Bitcoin Discussion / Re: Will bitcoin Die because of global Regulations? on: May 20, 2018, 07:03:54 PM
The global Regulations coming into the Cryptocurrency markets is only creating a platform for sanity in the markets as there are integrations already being made. The Cryptocurrency has encroached into the real markets and if anything should go wrong with it, it will have a massive effect on the world economy too. So, the global regulations will help to set a balance and good management to avoid a crash.
147  Economy / Speculation / Re: why more red days than green days on: May 20, 2018, 06:52:19 PM
Two days greenery then suddenly 4 days red. I think this happened due to money makers. Most are coming to money making from fluctuation. Because of this fud or any bad news there , these people get panic and selling their portfolios so the  whole market crash.

But people like us , invest to the technology. What ever the thing has happen , we think that this has good future. so we keep our coins for long time.



This is my opinion. Why more red days and few green days




The market is not all totally green at all times; red/down times are always anticipated. If it catches you, you ain't meant to panic and pushed to sell off. Well, it is the weekend again when the market turns red and to pickup again mid week. Get to understand the trend and stay confident all through.
148  Bitcoin / Bitcoin Discussion / Re: Crypto faster & cheaper? on: May 19, 2018, 01:48:53 PM
Well, I have shifted majorly to the ethereum transactions, the only time I get to use and face the Bitcoin transaction fee hassle is when there are no more options left for me than to use it. True about cost of mining fees for the transaction processes but there has to be a reevaluation. And maybe this helps to boast the Bitcoin price value indirectly too.
149  Bitcoin / Bitcoin Discussion / Re: Investment Strategy on: May 19, 2018, 01:43:32 PM
I believe it is paramount to have a strategy in investing in the Cryptocurrency markets and also to note that strategies are not always constant; they are liable to change with respect to time and new market dictates. Well, it is good to buy low that is for projects that have prospects and ability to bounce back into the market.
150  Bitcoin / Bitcoin Discussion / Re: Bitcoin will silence its haters... on: May 17, 2018, 12:00:26 AM
we know that many people do not like the presence of Bitcoin,
Are you sure in the future people who hate Bitcoin will be silent and regret because of Bitcoin triumphs...  Grin


A lot are still waiting for their prediction of the crash of Bitcoin to happen. But I don't think this will happen as the world bodies are already joining in the control too.
151  Other / Off-topic / Re: Bitcoin & College students . on: May 16, 2018, 11:20:38 PM
Well, for those who are in school as youths, there are lots of frivolities engaged in because most money earned are almost as freebies, so misappropriation is very possible. For area where I am, earnings made are geared towards financial restoration before any enjoyment or frivolities can come in at all.
152  Economy / Speculation / Re: Will bitcoin cliche $36,000 price by the end of next year? on: May 16, 2018, 11:16:55 PM
I would like to know how you did arrive at that figure in the first place. A lot of persons do want the Bitcoin price high probably for their own profits and not looking at what situations around the Cryptocurrency world/market is saying. Well, I dont really see the Bitcoin hitting that high this year maybe next year after it must have won some grounds in the government of some countries.
153  Bitcoin / Bitcoin Discussion / Re: WHAT IF the GOVERNMENT wins over BITCOIN? on: May 16, 2018, 03:08:23 PM
I believe the world is now enlightened and should see things clearly. I don't think Government can prevail over this innovation because the advantages supercedes the disadvantages. Even the governments that have successfully banned the Cryptocurrency from their countries will soon have a rethink!
154  Bitcoin / Bitcoin Discussion / Re: Why are banks and governments scared of Bitcoin? on: May 16, 2018, 03:05:50 PM
So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?


Just as being said, no tangible reason to say as to why people should not engage in the Cryptocurrency; especially when there is no money involved in investment. When government cannot proffer solution to the prevailing unemployment situation of their country, why will they now want to stop the youths from engaging in cry that is alleviating them from poverty? There should be a real check and questioning of the government's true intentions.
155  Economy / Speculation / Re: Why cryptocurrency usually recovery in the weekend? on: May 15, 2018, 10:30:40 PM
I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 


I observed the trend too and even gave it as a reliable happening to some close friends. I do see the rising happening from Thursdays and by Sunday evening the market is on a decline and opening on a red note by Monday. But it doesn't cut across all the altcoins.
156  Bitcoin / Bitcoin Discussion / Re: Learning Cryptocurrency in Universities? on: May 15, 2018, 09:30:57 PM
Do you think that cryptocurrency should be taught in schools or University? Specially in the field of business management?

As a student, I believe it will give us an advantage to this so called cryptoworld, right?


I will second this idea that it should be taught in the universities and by this, there will be more publicity and education of the Bitcoin in a proper way. I do believe the bitcoin/Cryptocurrency awareness going through the schools will be another means of solidifying its reach and adoption globally.
157  Bitcoin / Bitcoin Discussion / Re: Blockchain can help banks on: May 15, 2018, 09:10:21 PM
Another indication that banks can use blockchain as an ally, instead of seeing as a competition.


https://www.reuters.com/article/us-hsbc-blockchain/hsbc-says-performs-first-trade-finance-transaction-using-blockchain-idUSKCN1IF01X


I believe it's high time the banks and the government stopped shying away from the truth and get to do proper and open understudy of the blockchain. Just like you said there are more advantages to the banks and also the government when and if they get to adopt the blockchain into their operations. One of the top Directors of central bank did come on air some time ago that they have set up a committee to look into the study and how it can be adopted for use. No positive news yet but I know they know the truth already.
158  Bitcoin / Bitcoin Discussion / Re: Huge potential earnings in bitcoin, still not interesting for others on: May 15, 2018, 08:52:08 PM
As i began my journey through the world of cryptocurrency, it comes to my mind why other people are just ignoring the opportunities that bitcoin gives..

Can you give me some reasons why it's not that interesting for others?


Well, I think some people have been let down over and over again, so the motivation is somewhat gone from them. Even if you show them some results, they will still think there is something else to it! The environment people find themselves have also beclouded them of these many opportunities that they ought to have grabbed! It will take a real follow up to get them reignited.
159  Economy / Economics / Re: 7 REASONS WHY: which one are you? on: May 14, 2018, 07:12:05 PM
I will choose 2. Like real trade at ease and get your money right in the comforts of your home. But what about those who do it for pure earnings like the bounty hunters?
160  Economy / Economics / Re: Why is the world economy is sliding down? And how bitcoin may help it? on: May 14, 2018, 07:02:01 PM
I believe when the time comes, the government will let go of their ego and hardness; as I see that the only hindrance is the bridge opening between the Cryptocurrency world and the government. When the union happens, the economy can be revived.
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