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Its very good for the economy, if we are being specific. Medicinal Marijuana can bring in millions if not billions of dollars annually if properly managed and properly produced as a finished product. The medical advantages of this plant are plenty but let just throw in some statistics on the financial aspects and job creation:
Legalizing marijuana on the federal level could result in an additional $105.6 billion between 2017 and 2025, according to a new report from the cannabis analytics firm New Frontier. That figure includes projections for business tax revenues, payroll withholdings, and a 15% sales tax. Meanwhile, fully legalizing cannabis today would add 654,000 jobs and up to 1 million jobs by 2025.
The US Citizen needs to talk about if they want to legalize marijuana or not, not the economy part. I mean I understand when you legalize there is a given boost to economy and there are weed companies that already made billions of dollars in valuation and a lot of money in sales but in reality the economy is so big that just couple states wouldn't change a thing. You need to make it all states in order to give a real boost to economy. On top of that people do not vote for these types of decision based on if the economy will benefit from it or not, they vote based on if they want to use it, let people use it, or against others using it. So if a state says "yes legalize it" it doesn't mean "it will be good for economy" it would mean "I want some weed and no problem with cops". |
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I'm not even sure whether this is a bad or a good thing right now but this is definitely unusual and I have never seen it before even though I have been in the crypto scene since 2014.
From what I can see the development (Lightning network etc.) is more active than it ever was, so shouldn't that give a little boost to the price at least?
If you say that you didn’t see such a thing happen before then that means you’re lying about being here around 2014. 2014 to 2015 were the nuclear bear market, and the price was slow and became stable after dropping. It’s not a new thing so you guys should stop complaining. We even went through things that seemed to be worst in 2017 and a lot of people said Bitcoin is dead but it didn’t. If you can’t have patience then you should quit. |
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I think these kinds of crypto currency, the ones that are made by the government, will be alot more stable than the ones we have now because for one thing, this crypto currency will definitely be backed by the country's GDP and maybe precious metals and gems. This in turn will have a more stable price plus the blockchain it will create.
Yeah I also think the same. Atleast people of that country will surely invest in government’s crypto. It will be more reliable and authentic. People will have no fear of losing their money because of scams. They will be mentally relaxed and satisfied if they have their own cryptocurrency which is also usable throughout the country. Money will also remain in the country. |
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More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
Aside from trading, I personally use crypto to buy prepaid loads, paying bills, investments and I think I will soon try to use it to purchase goods and services here in my country as cryptocurrency is getting bigger and bigger. I juat hope that more and more merchants will be popping up in the near future as it is more convenient to transact with crypto than the usual fiat money most especially when dealing online. Speaking of merchants, I know a project that's paving way for more merchant adoption of cryptos. Modern Finance Chain (mfx token) will be like Dash or PundiX, only better! It wont require a bulky hardware, in fact, no hardware required at all, just the merchant's mobile phone, the platform's software and freedom of numerous cryptos that could be used to pay for services. Whats more? Instant crypto to fiat gateway. These are features i think commerce needs. I mostly use my coins for my daily needs. I have no other job and I only earn from this forum. I earn handsome money from these campaigns and cash out my coins when I need money. I think that cryptocurrency should be used as our local currency so that more and more people join us and make the way for bitcoin’s overtaking the market in the near future. |
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Most of the time the people who bluff and end up wining know exactly how to carry themselves, the game is about trying to deceive and confuse your opponents so that they may think wrongly about your motives.
A very important move to bluff and that is why it is said that experience counts in poker. If you are beginner and bluffing you would be skeptical but experience people will never show or you cannot find out easily if they are bluffing or not. It is also a art which is developed over the time when you play it. If you have good cards and you are also bluff master, no doubt you will win lot on money in poker games. If you have bluffing experience you will get good cards in every game because of bluffing. One of my friend is very good bluffer and I wonder how he knows the cards in my hands. He knows all the cards in other people’s hand. That why he mostly won the game. |
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For the last 2 months, I've been finding great projects with over $ 10 million in fees. I used to have that earn normally does not work, and here are the bounty. See my signature
That is very true, in fact people now even reluctant to invest their money even in a good ICO, in fact the market also have great impact even on these project. Therefore I think that it is the main reason which is even causing new projects to fail. |
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I think the problem is that is addiction whether you are not a trader or just a bounty hunter you can have that sickness if your not control to yourself. Iam a trader also and i confess trading is so much stressful when the times your desire coin is continueng to dump and you are desperate to monitor every minutes or hours of movements of the charts.
To me I think that trading is not good for those people who are not professional trader, if you want to become a successful trader you need to adopt trading as your profession and after getting important education about trading you need to spend some time in trading with low investment so as to get some experience and after that you can consider yourself as a successful trader. |
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My strategy is to hold everything. Like if my bounty tokens were lottery tickets bought with time...
I hope some will pay, but I'm not Hurry.
That is a very good strategy I think, in current time we can see that all crypto currencies are trading too much low therefore I think that it is a good decision to continue your token for some more time. |
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It is too difficult to know how many people know about cryptocurrency because we come from many countries and we don't know how many people in our country that join in the cryptocurrency. But I think the number of people that enter will grow day by day especially if there is good news about the cryptocurrency so they can know and I am sure that they will start to learn more about cryptocurrency. Soon, after reaching more people, they will help to promote the cryptocurrency to other people, and this can make cryptocurrency will grows fast.
Very few people know about bitcoin and cryptocurrency overall. In my community most people do not know about cryptocurrency and they will take long time to get awareness about cryptocurrency and bitcoin. They will take long time to put their money in crypto and use it in the future. But I am sure they will get into cryptocurrency in the future because it is the future currency. In the last few years a vast majority of people came to know about cryptocurrency and invested in it which increased the market cap and now it is in trillions. With the passage of time the rests will also in into this world. We should wait for some more time. crypto is the future currency and one day the whole world will not only invest in crypto but also use it as their regular currency. Yeah number is increasing day by day and due to large number of investors market cap is also increasing and when market cap increases price will automatically go up. Therefore it is necessary to promote bitcoin in our local communities and especially to educated people. They will understand it in a better way. Gradually bitcoin will cover the whole world. Yes the number is increasing from day to day, no doubt about it, but I think that still majority of people do not have any idea about bitcoin, I think that still it will take a lot of time when all the people of the world will know about bitcoin and other crypto currencies and when they will start using crypto currencies for different purposes. |
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I think yes this might be stable, somehow, but not because that it is distributed. I think it is because there is something catching all these dumps. The volume of trades seems not changing.
It might look like it is stable but I think someone is accumulating large sums because the price is cheap.
If we observe the price during the year we will find that the price is almost stable between $6000 and $7000. Now we can say that this price is stable, good and reasonable for new investors. Not too high and not too bad. Smart traders can make daily profit from this price fluctuation. I think the future will be good for bitcoin and the price will also go up. Therefore we should wait for more and with confidence. |
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Im optimist for bitcoin performing well on the next 2008 chapter. It is a global asset that never sleeps, and you can move it across borders seamlessly may your country go full Cyprus on your wealth.
It depends though. Money on the financial market moves to the easiest alternative within the same legal platforms, which means that Gold will be the first to actually benefit. It's crazy liquid, easy to buy into, is globally respected and accepted as safe haven asset, etc. In this case a Bitcoin tied ETF would actually come in handy for legacy parties, because the switch is super easy to make, and they don't have to worry about storage and whatnot, which is a pain in the bum for them. If even a slight percentage of the money usually flowing into Gold will enter Bitcoin (could be for diversification purposes), you can be sure that we'll be subject to one of the wildest Bitcoin rides ever. The only downside of that is once the market calms down again and actually shows signs of recovery, most of the safe haven money will flow out of Bitcoin again, just like how it flows out of Gold. Yeah thats true, and I would expect younger people to move into Bitcoin during a recession rather than gold. And I'm sure some percentage of big money that moves into gold will go into Bitcoin instead. So I think you're right we could very well see a crazy ride with a likely stock crash and recession timed to coincide with the next bitcoin run. Perhaps it'll be like a perfect storm and everyone is looking for it to break $100k next bull run but it goes to a quarter million or higher at the next peak. As for the money flowing out after the run, well that is normal for Bitcoin so thats to be expected. That great if young people will become more motivated with cryptocurrency, and for my perceptions young people nowadays don't appreciated Gold anymore unlike the vintage days. However, the effect to the marketplace will always have to be in perfect time as btc price been erratically showing sudden changes which everyone couldn't expect to happen. Further improvements and developments continued to be pursued by some whales. For now we should exert more patience in order for our asset to grow for much sustainable profit. All these things are true but for modern countries, in backward countries still people do not have internet facilities therefore they do not have any idea about bitcoin, I think that it will take some more time when all the people of the world will know about bitcoin. |
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mistakes are all, there is our own, rushed, emotional, and greedy. Why can I say it like that, because we also want to get a lot, even though if it is sold now it's already a lot of profit, but it's still lacking, and waiting again, and finally, the price goes down and it doesn't sell, it's our fault.
Yes it is part of life, we always make mistakes but the good thing is to learn from our mistakes and do not repeat them. I have already make too much mistakes in trading and missed golden opportunities of making money, but still I am happy that I have learned too much from my mistakes, |
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