How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
money is printed by the central bank, and if the central bank wants to print money there are many factors that are needed and considered before the central bank prints money in a country, such as inflation rates, circulation rates, or bank interest rates, this is what the central bank calculates for determine how much money must be printed and later distributed to the public by the commercial bank, and come to our hands, that's the short mechanism of how the central bank prints money |
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when bitcoin prices are drops, I think we better talk more about the positive value of bitcoin. do not think about the value of bitcoin today, because thinking about it will only make us panic and confused. enough G20 make us calm.
So, now. we are talking about the benefits of bitcoin if bitcoin managed well.
what do you think if bitcoin is managed well by a country?
So far from my observation that a country that manages BCC quite well is still held by developed countries, such as us, UK etc. in my own country, the government still does not pay attention to the government, in my country there are no restrictions or rules devoted to BTC, but the government also has not supported its circulation, and my hope is that in the future, governments in my country will be increasingly interested in BTC so that BTC can be managed properly as other investment instruments that are permitted by the government such as stocks and forex |
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this is a good thing in terms of humanity where Unicef has received btc and 8 altcoins as their donation tools, which in this case will have a positive impact in the future, in my opinion, more than we know, Unicef is an institution under the auspices of the United Nations. CMIIW, I think this will make more investors and traders, and people who want to learn more about crypto. and hopefully the future of more institutions of the world institutions are starting to accept BTC as a means of payment, especially in the digital world. I myself was very happy to hear this news  |
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this is my question so far, maybe in my opinion people will really leave BTC because of what we know to mine BTC we really need very large electricity, and of course our electricity bill will be very expensive, and not to mention operational and maintenance costs in the event of damage, but to date mining btc is still profitable and profitable so I think for now it is still safe |
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In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?
from what I see for now maybe paypal still dominates the market for digital payments because ebay amazon and its own international scale sales companies still use paypal as their payment method, maybe if later big online shops start using btc as their payment tool then paypal will shifted because the cost of btc is more mutually between countries than using paypal, which has to calculate the exchange rates of each country, and I hope that it is quickly implemented so that the cryptocurrency can go even further |
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I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
depending on how the government makes regulations in the country when making regulations that only remind its citizens to be more careful in transacting using bitcoin, in my opinion it is a good thing, but if the country really strictly prohibits the circulation of BTC or even to take legal action to anyone who has btc then that is a very, very bad thing. |
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we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?
I will be very happy with your opinion
if you want to know the impact of a disaster on the price of BTC, there might be very little impact that feels not even at all, depending on where the disaster occurs, if the disaster occurs in an area that does not have an average economic impact and has no connection whatsoever altogether with BTC, it can be said that disasters will have no impact on btc or crypto, even to have an impact on the price of the index, the stock price in the country where the disaster occurred will be very small and not even felt at all |
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So many crypto currencies are coming UP . They are much cheaper than Bitcoin for now. It is so hard to decide which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?
i think btc like bluechip stock which has a high price and the price tends to be stable unlike other coins that can be likened to a second tier stock which has a low price and tends to experience a very far price decline and even a colapse, it's not difficult to decide if you are the type of person who likes high risk then another coin suits you, if you prefer something safe then you can buy btc as your investment |
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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.
in my opinion, the security carried out by the exchange is quite tight, but there is still a hack? I think it goes back to each individual because the average hack occurs because of the carelessness of the users in storing or maintaining their personal data and password, sometimes even the users enter into the phishing web and fill in all their personal data that causes others to be very easy to do hack them, so we have to be more careful in entering a web, make sure that the web is truly original, then we can enter our data |
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Nearly one billion dollars has entered bitcoin today according to cryptonic news item.This week has seen btc doing very well and all are excited.I know most people have individual plans for a moment like this,let's hear yours.
this is really a good thing, because from my observations a few days back, btc has been increasing little by little, and starting to show green, maybe this is indeed the effect you said above, and from my analysis in 2017 the beginning of the increase in btc very fast starting at the end of the year like this October, it's just my simple analysis and my hope that it will happen. |
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Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
indeed for now there are still many people who are not too interested in BTC, especially if you still live in developing countries that tend to still be many citizens who do not understand crypto let alone BTC, therefore our job is to introduce them slowly, according to I have also started for a lot in my country where I started to see btc or crypto as a positive thing, such as for payment on the internet and many of them started mining, and I hope in the future that the development of btc will accelerate in my country |
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 Btc address : 3Hu9niNrBT1imjQ751tnAMZNk47KGn5LFr I'm edit it |
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What is your opinion as per Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
I think in the world investment you cannot believe someone's words 100% even though he is a warren buffet, because you are a person who has complete control over your money, your profits or losses in the future are the results of your analysis, whatever said warren buffet if your analysis is always the target of eating you will always be profitable, indeed crypto has a very large risk and from what I know warren buffet is an investor who, if we see an average investor prefers low risk investment. |
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For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency. Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/in my opinion it is not new anymore when we know that BTC is the market leader in cryptocurrency, because in addition to BTC is a pioneer of cryptocurrency or it could also be said to be the first coin in Crypto, from that point on itself it is superior, and moreover it has a price which is very, very far compared to other coin coins, coins that are popular also like ethereum still have prices that are far below the price of BTC, so in my opinion that is the reason why BTC is still the market leader to date |
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in fact until now the Indonesian government has not banned BTC and even mentioned that in the state meeting meeting I think that almost never, than I know even Indonesian banks are learning about blockchain, which has a good impact on the progress of crypto especially in the country Indonesia
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I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?
if you ask if the wallet can be hacked using algorithms or some kind of software then the answer is no and it's even very difficult to do that because they use algorithms that are really complicated in maintaining your wallet, but if the hack happens because of your mistakes in sharing information or carelessly entering phishing or scam web, it is not an impossible thing that often happens, therefore be more careful in maintaining your account and privacy because cyberspace is so cruel hehe |
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Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
In fact, controlling the market in general is that outside investors who collectively make purchases or sales and create a price movement, will cause prices to rise or fall, these investors can also be influenced by several factors that cause prices to rise or fall, such as the fundamentals of a company or ico or crypto, or even can be influenced by news and government regulations in their respective countries |
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I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
actually to feel Btc is difficult or not to be understood is to return to each of us, whether we are open people and want to learn about something new, or we shut ourselves off from something new, most lay people still see btc from the side Negative rather than positive, if we give them knowledge about BTC they tend to refuse because they have not been able to accept new things like BTC, moreover it is about money that is very sensitive to certain people. |
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Since I joined the cryptocurrency world and even this forum I have seen something that people always do that I think its not the right way. People always compaire ETH with BTC telling us that ETH is the best cryptocurrency. I really doubt that because looking at these two coins, although they are all blockchain based currencies but to me BTC is doing far better than ETH. BTC was created before ETH but look at the performances and judge it yourself. I really do not want to talk much about this issue. Guys what do think about what I am arguing about?
I think btc and eth both make good profits, but because of the view that people see that it is the first to attend, more people will invest in btc than eth, I have never compared both because for me both are equally profitable , and I myself invested in both of these cryptocurrency, and indeed I benefited from both |
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