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161  Economy / Economics / Re: Would you invest in Russian business? on: May 17, 2018, 09:56:09 PM
I believe that they have great potential. Like everyone said, I would invest in anything that is legit, trustworthy and if they can speak proper English so language would not be a barrier for both parties making a proper deal. Nationality should not be used to discriminate and to jump on conclusions but rather one should base on facts.
162  Economy / Economics / Re: A cryptocurrency with volatility can't be used as money on: May 17, 2018, 05:23:46 PM
You can use volatile cryptocurrency to buy or sell.
Though in the sellers' part, you do need to consider the effort afar from selling the product but as well as to manage your earnings effetively and not to mention that you have to constantly change out prices according to the value of cryptocurrency. I do not think that there will be a loss on the sellers' part if only he has an adequate amount of knowledge. Cryptocurrencies are the future so why not.
163  Economy / Economics / Re: Why BTC is tremendously undervalued on: May 17, 2018, 05:13:18 PM
The fact that bitcoin and other cryptocurrencies heavily rely on technology makes it unaccessible for a big percentage of the population. Government units are mostly against cryptocurrencies as they often view the negative impact favoring it over the traditional fiat. Not to mention that there are a lot of false speculations about them though to generalize, we can say that the main factor to why bitcoin is so undervalued is lack of proper knowledge rendering a quick wrong judgement about bitcoin.
164  Economy / Economics / Re: Why the price of bitcoin rapidly going down on: May 17, 2018, 08:08:37 AM
I would say that the drop is only temporary and bitcoin will continue to prosper especially that we have gone to digitalized era. It is in the nature of te value of bitcoin to drop once in a while due to its volatility and a good opportunity even to invest.
Do not panic sell your bitcoin earnings as it only contributes to the dump which drops the value even more, knowledge is a first in this field.
165  Economy / Economics / Re: can you imagine bitcoin as your prime currency. on: May 17, 2018, 01:56:08 AM
Bitcoin as a prime currency in society is idealistic but I do not think that they have yet to take on considerations like not all people have access to the internet or even technology to which bitcoin rely on. Not to mention its volatility which makes it a need to constantly adjust prices of products or service according to value.
On the other hand, it will be more convenient and secure due to its technological advancements greater than fiat.
We'll know once we get there.
166  Economy / Economics / Re: Why people are still buying BTC? on: May 17, 2018, 01:22:59 AM
I do not see why people would not buy bitcoin.
It is an easy way to get investments and all you have to do is to be patient and knowledgeable about factors regarding it to maximize your profits. Not all people have an adequate resources to mine them or have the time to even bother joining campaign signatures or lend services to earn them.
You get profit at the end so it is the same.
167  Economy / Economics / Re: Is your bitcoin earnings enough for you to start a business? on: May 17, 2018, 12:08:01 AM
That is a good idea!
Though it is wise to assess whether your business idea will actually carry on in your area to assure your bitcoin earnings will truly be advantageous.
I am still a student and I don't have a job. My bitcoin earnings are still a bit low but I see people start a business with like $10, so maybe yes I can start a business but I have still yet to determine what will the market love.
168  Economy / Economics / Re: Prices will some day fluctuate less? on: May 16, 2018, 05:55:46 AM
It is possible but the concept of using bitcoin as a regular currency is still a bit too far away as there are quite a few considerations to make as well as the legality of bitcoin to countries that impacts its fluctuation.
Many view the volatility of bitcoin as postive anyway, you can easily get profit simply by waiting and selling at the right time.
169  Economy / Economics / Re: How to invest in bitcoin? on: May 16, 2018, 02:37:55 AM
There are quite a lot of ways to invest in bitcoin.
There are several trusted and downloadable wallets that you can convert real money to crypto and you can hold them off for a bitto sell them for a higher price. Investors often wait for years to sell them for maximized profit.
Or like in this forums, you can join in to campaign sigbatures abd bounties that reward you bitcoin for services and hold them off to sell.
170  Economy / Services / Re: MB8Coin Signature & Avatar Campaign on: May 11, 2018, 11:31:37 PM
Btctalk name: Enricogomez
Rank: Member
Current Post: 271
BTC address: 33QTs9V52Sw1vLVayQ7tK1PCMFKAWnYreJ
Wear appropriate signature: Yes
Wear Avatar: N/A
171  Other / Off-topic / Re: [Merit Review] sMerit Post Review (Running) on: April 29, 2018, 04:45:46 AM
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Thank you for this opportunity and have a great day!
172  Economy / Economics / Re: Why Big Banks are so Nervous About Bitcoin ? Why ? on: April 29, 2018, 03:55:30 AM
Thank you for this article, it is informative and I have learned quite something.
Banks are afraid that cryptocurrency have the posibility to replace fiat to which they heavily rely on - managing fiat is their sole purpose and they would be nothing if it will be to regularized unless they adapt to the system and governments will impose them related to managing it or something.
173  Economy / Economics / Re: Would a global disaster increase or decrease the Bitcoin value ? on: April 29, 2018, 03:49:52 AM
It depends on the extent of the disaster.
If it is globally, it is possible that bitcoin would have no value entirely and is best to cash out before.
If not, then it may just decrease depending on which areas are affected especially if it has a great number of bitcoin users. The value of bitcoin entirely depends on its users.
174  Economy / Economics / Re: one question tickling my mind on: April 29, 2018, 03:40:21 AM
Your wallet will never be emptied if you have stocked your bitcoin money originally and bitcoin will always have value as long as people use them. Of course, unless you forgot them entirely or just died, you would be pretty fine.
People who said the only important thing to access yor wallet with the bitcoin money to it is the private key is correct. Grin

175  Economy / Economics / Re: Diversify Investments on: April 29, 2018, 03:32:04 AM
I do agree that diversifying your investments into several and different kinds is a good strategy in managing your finances. It is mainly to reduce your losses if one fails just in case.
I would say that the top ranking cryptocoins have a good potential and are a good investment. Try to invest to matters excluded digitally like real estate, stocks and etc - they are popular for a reason.
176  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: April 29, 2018, 03:21:55 AM
As early as possible and as long as the value has dipped.
Now is a good time to invest as bitcoin is believed to prosper in the future and have a bigger value. If you buy now and wait for a few years, you can make a pretty big profit.
People who bought bitcoin in the earlier time period of the crypto and holded them off surely has made a lot of profit.
177  Economy / Economics / Re: Study says being rich is determined by chance rather than intelligence or talent on: April 29, 2018, 03:17:07 AM
I somehow disagree.
If you are looking to be rich the easier way, luck is what you need.
You can be rich in being intelligent and talented but you need to be patient and hardworking. If you have both on your hands then it is the easiest.
If I were to choose between either then I'd rather go with intelligence and talent. What is the point in getting easy money with your luck when you cannot even make the right decisions to handle it efficiently?
178  Economy / Economics / Re: until when will the bounty program remain? on: April 29, 2018, 03:06:45 AM
Bounty programs, like others had said, is not a gift but rather an opportunity; there is a fine line between both.
I would say that as long as people are willing enough to pay for others to promote something and they have the time and effort to do so. Programs like those is what make these forums pretty popular especially those who are wanting an additional source of money.
179  Economy / Economics / Re: Is it possible for someone to manipulate the virtual currency market? on: April 29, 2018, 03:00:31 AM
You did say a large and powerful entity.
Yes, it is possible. It can control the market and manipulate it in their own terms and wanting - if and only if, they re powerful enough.
But now, I think no one really can because they would need a huge stock of crypto. The ups and downs of the value now depends on the people using it.
180  Economy / Economics / Re: bitcoin in developing countries on: April 28, 2018, 03:53:31 PM
I do not see how people in developing countries would prioritize investments they do not have enough knowledge of and may mean their loss over their most basic of needs. It is not into their mindset.
But, yes, I do agree that the proper knowledge of bitcoin can benefit the poor if they have to resources to access it. It would benefit them economically and contribute to the downing of unemployment rate.
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