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21  Economy / Economics / Re: The Future of Cryptocurrency on: July 28, 2018, 02:45:50 PM
Bitcoin may have cut prices, backstage to "cede the stage" to other electronic currencies, but that does not mean Bitcoin is going to "break down". I look at investments in Cryptocurrency like ordinary investments in stocks or bonds. They have cycles, through Cryptocurrency is more volatile, which is an area worth trying carefully with their investment profile.

Cryptocurrency will change the world of commerce. Cryptocurrency is a "disruptor" that needs to be taken seriously by the banking industry.

In the Future, The government will soon be in the running to showcase their role. I think the Federal Communications Commission will come up with a list of wise rules to accept and encourage strides for Cryptocurrency. There is still room for the government to take action, but if so many laws are put in place, the market will be really disturbed.
22  Economy / Economics / Re: Bitcoin and Globalization on: July 28, 2018, 02:07:57 PM
Bitcoin has become a popular codec worldwide, but we can not forget the first few days of it. From the very beginning, Bitcoin was like a test of a decentralized currency and became a target for online hacker groups. But right now, it has become a well known multi-billion dollar digital asset, thus causing all financial institutions to express their fear because it makes the Their existence is threatened.

But if more and more people use Bitcoin, the network of this currency will expand. However, it will also change the way people view it, as it is now seen as a tool for drug dealers and money laundering schemes. Therefore, accepting this currency worldwide will cause problems for corrupt officials.
23  Economy / Economics / Re: Does Bitcoin had a back up by real money? on: July 28, 2018, 01:27:02 PM
While Bitcoin's long-term potential has yet to be established, it must be said that e-money is predicted to go far when it comes to revolutionizing the way we conduct online transactions. While at this time, the main market that Bitcoin has integrated is Bitcoin's gambling and online casinos, this is by no means all that it should be limited to. Compared to fiat currencies, Bitcoin allows individuals to regain strength from banks and institutions as it is not regulated and able to rebuild free markets. Just like this, Bitcoin is not affected by inflation, much faster to move and harder to lose than fiat currencies. All of these factors make some believe that electronic money will soon take over from fiat-based currencies and completely transform how we view and use our money.
I believe that this is not possible, so to be able to back it up like real money, the bitcoin must be very large and of stable value, you can see that the bitcoin price is fluctuating continuously and in The amplitude is very large, the number of bitcoins is limited and very few. Therefore, it is impossible to monetize a bitcoin.

I'm just a newbie, so the knowledge may be limited. But in my opinion, the constant price fluctuations and the large amplitude are really what investors really need, who have too much experience in seeing those constant price fluctuations. So it is not necessary to back up as real money, just those fluctuations that bring usability and profitability.
24  Economy / Economics / Re: Does Bitcoin had a back up by real money? on: July 28, 2018, 06:33:28 AM
While Bitcoin's long-term potential has yet to be established, it must be said that e-money is predicted to go far when it comes to revolutionizing the way we conduct online transactions. While at this time, the main market that Bitcoin has integrated is Bitcoin's gambling and online casinos, this is by no means all that it should be limited to. Compared to fiat currencies, Bitcoin allows individuals to regain strength from banks and institutions as it is not regulated and able to rebuild free markets. Just like this, Bitcoin is not affected by inflation, much faster to move and harder to lose than fiat currencies. All of these factors make some believe that electronic money will soon take over from fiat-based currencies and completely transform how we view and use our money.
25  Bitcoin / Project Development / Re: What methods to use to promote the project? on: July 28, 2018, 06:21:57 AM
Recently, Twitter and Google and Facebook have launched a campaign to ban electronic money related ads. There is no difference between ICO advertising and the commercialization of legitimate electronic money businesses, all banned by the Internet giants.

While Bing and Snap now allow electronic money advertising, LinkedIn has also announced that the ban only mentions "virtual money offering" and does not kick things.

With the increasingly fierce prejudices of the banking industry against electronic money businesses, it seems that platforms in digital space are pushing electronic money into the dead end.

However, this is also the reason why the industry needs a big change.
26  Economy / Trading Discussion / Re: "The 1 million dollars story" or fraud from Okex/Okcoin on: July 27, 2018, 09:02:35 AM
I'm the owner
Oops! I have a bit of a username error. So sorry!
I also look forward to sharing with those who have encountered such incidents or frauds.
27  Alternate cryptocurrencies / Altcoin Discussion / Re: RIPPLE OR LITECOIN on: July 26, 2018, 04:05:44 PM
Indeed, I have invested in Ripple, but feel very insecure, while my friends choose long-term investment form with Litecoin and they are very confident. Undecided Undecided
28  Other / Beginners & Help / Re: Do you know what is a blockchain...? on: July 26, 2018, 02:57:22 PM
And more, Split ledgers allow simple contract coding to be executed when certain conditions are met. Ethereum is an open source blockchain project, built specifically to meet this requirement. However, in the early stages of development, Ethereum has the potential to take advantage of blockchain on a much larger scale like so much.

At the current level of technology development, smart contracts can be programmed to perform simple functions. For example, a derivative transaction may be settled when a financial instrument satisfies certain criteria, with the use of blockchain and Bitcoin technology that allows for automated payments, without human involvement or intermediary witness.
29  Economy / Trading Discussion / Re: "The 1 million dollars story" or fraud from Okex/Okcoin on: July 26, 2018, 03:21:27 AM
Guys, maybe someone have ideas, where can I try to apply for the dissemination of information about this incident. Maybe some mass-media may be interested in this material? Forums, blogs, bloggers? People should be aware of such cases. Everyone can become a victim.
You can contact the owner of the post because actually, I find this story very useful.
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