Hello, as we both knwo that cryptocurrency ius future payment solution in the world thoughthere is some bariers from differenct states and goverments but the reality still there.
Example we can see proress in some europeans countries having ATM machins where users can withdraw bitcoin and other altcoins there by using their ATM crds, also they can pay by using cryptocyurrency in different placess like supermarkets but also they can make online purchase with cryptocurrencies.

SO..
 WHY WE DONT SEE THESE THINGS IN AFRICA TOO??

 WHATS  TO DO TO HELP AFRICAN COUNTRIES TO ADOPT THESE CHANGES?

 

Take your time now to study how market price moves in the crypto market. I had realize that those market price fall down are perfectly performed so that we can see how much potential profit may get if one will going to invest now. This is just like jumping up high and one must take down to the groud first before opposing the force from the ground to jump up high. I can say that the kick off for crypto market price increase will going to start up soon.

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. 

Over the years cryptocurrency  has evolved into a global currency but governments are trying to sweep it's relevancy under the carpet. We all know that the eyes of the community are now opened to the importance and blockchain technology.

What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.

What is your take on this and what do you think will make governmental bodies to finally accept crypto?

I always hear the argument for capitalism "B bb BUT people won't innovate without the profit motive" WRONG

Humans want to solve problems, create, and innovate, they do not need money to motivate them.  Cavemen were painting art 20,000 years ago without the desire of money.

True scientists like Tesla, he didn't care about money it was about the pursuit of science.

Capitalism does not cause innovation, most new technology is found by government programs like nasa (internet, smartphones, etc)

Looking at the present state of the market, it could be very disheartening. But one thing is certain is that blockchain technology has come to change our society. And Crytocurrency which runs on the blockchain will continue to wax stronger and stronger, stay above fear. Life surely goes on with or without the enemies of crypto.

Just wanted to know people ideas on what is the good and baf impact of BTC  in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.

Regards,

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.

stupidity is so close to poverty, do you agree with such a phrase?
if it yes, means the poor are the fools.
I want to know your opinion. 

The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?

It seems that Canada has decided to take all the credits of the pioneer in the creation of investment products for the 21st century.
First, there were companies that somehow worked with cannabis. For the first time, they were listed on the stock market and got liquidity in Canada, and now there is even an ETF for this (another one, though, is traded in the US, but the Canadian is "cleaner"). The sector is booming and has excellent prospects, but it is not what we are talking about right now 

Also, couple days ago there was the news that First Block Capital received the status of the mutual fund trust in the Canadian District of British Columbia for its flagship "FBC Bitcoin Trust", which is now distributed through the Neo Connect stock market along with traditional funds of such a giant as Invesco. The fund is on the platform now, and one of the main advantages of it is daily liquidity (not 30-day, as before). Moreover, such a status of an investment product (even if it is not listed on the stock market) allows Canadian private investors (so far only qualified ones) to buy it for their individual retirement accounts (IRAs) and savings accounts, including the tax-privileged ones.

Here is the link: https://www.businesswire.com/news/home/20180910005151/en/Canada's-Regulated-Bitcoin-Fund-Eligible-Accredited-Investor

This is the ideal solution for most clients of asset management companies who want to get exposure to bitcoin but do not want to go into direct purchase and storage of cryptocurrencies. It is very typical for conservative investors who are backward-looking and do not want to deal with new stories, but also do not want to miss the opportunity to make money on these markets. The presence of this product on the fund platform, which is used by many advisors, will make it possible to include it in diversified portfolios together with another asset classes such as shares, bonds, gold, etc.

This piece of news, by the way, received much less media attention than the other one, from the SEC, which was negative. Specifically, the SEC froze OTC for XBT (Bitcoin Tracker One XBT Provider) until 20.09, which has long been listed and traded on the Nasdaq Nordic stock market in Stockholm. At the same time, no one stopped trading on the stock market itself, except that a day volume was lower than the monthly average.

So, media didn't pay much attention to the news from Canada which is totally unjustified. If the experiment succeeds (and the local regulator has at least no objections), then this will provoke the SEC to act actively regarding the registration of rules and the possibility of investments for institutions in this market. In this case, we will observe a significant inflow of liquidity to the market and as a consequence a good upward signal not only for bitcoin but for all cryptomarket.

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? 

When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.

The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.

What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.

This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.

After the gloomy days of the BTC in 2018. Some of my friends have left the market because of losses. When entering the market, people need to take risks.  From my friends, I think some of the following will benefit you living in this market:
Psychological control
Questions you should ask
You buy hold coin or you transaction?
These are the two most commonly used methods. However, buying and keeping a coin is the method that suits most people. This is a very simple, fast way of making good money in the top 20, like litecoin, bitcoin, ethereum. Ripple, store somewhere, do not read the news, do not worry about the transaction or the predictions the coin will die of the media. After a few years, they pulled out and sold.
In case you want to trade, the story is quite different, you need to buy on sale. And very simple rules, buy low sell high. As you know it is easier said than done.
Do you have money to invest?
If you do not have a lot of money, start with a small amount of money. Do not use debit card, plug the house. Plug the money into the market. The more likely you will be burnt bags. Only invest the money you have lost.

I dont know if this where the right place to post but here it is. This is most applicable for those minimum wage earner who struggles in life and wanted to invest too.

* DONT SPEND BEYOND WHAT YOU EARN.

This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.


* SAVE FIRST BEFORE SPENDING

I think this is the hardest part of the financial budget if you are earning just right for paying your monthly bill and daily necessities. But what will you have to do ? . You dont need that high portion of savings everytime. For example , you have $50 on your hand in excess of your expenses, budget it for a week in a very cheap way , groceries would be better, then save what is remained. Take aside your weekly starbucks and put it on your bank.You can take coffe at home or on a cheap way. Small amounts will get big in a time and you can start investing after. You can always reward yourself after if you start investing and earned passively.

* SET SOME GOALS

This is the most effective way ive done so far. Being comitted on your goal is almost 100% sure. If you are setting a goal for example this year where you have to save $5 weekly and you will save $260 in the end of the year, if you always looking for the outcome, im sure you will do this without leaping or maybe advance save it up.

All three of this is what i do everytime ans it helps me save and gain some capitals for investment on cryptocurrency. I hope these three would help someone even on a little way.

I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?

I know Jeff Bezos is considered the richest known person but there is a lot of hidden wealth in the world.

I've heard the following people may actually be trillionaires:

Putin
Oil Saudis
Rothschild family

This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?

We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter,  My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.