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21  Alternate cryptocurrencies / Altcoin Discussion / Re: how to choose a new coin on: October 27, 2018, 07:55:31 AM
as we know that there are too many coins in circulation.
What do you think of choosing a good coin to be used as an investment?

There are two choices for you:
- First: coins which have volumn transaction and market cap are big (coins is in the top position on Coinmarketcap), but to earn good profit, you should have a huge investment money
- Second: new coins which often have volumn transaction and market cap are small but when it go up, your money can be multiple 5 -10 times, even up to 50 or 100 times, but however, you can lose everything when it is not pumped price anymore
Not just whitepaper, you really need to look at the team, look at the availability of a product and how the product can relate to usage in real life, and from there you can now check out the business solution which is one thing I am sure you really want to take advantage of first in understanding before going through any boring technical details.
 
Choosing a new coin is just about identifying the long term prospect and a coin that is going to be sustainable in its value in the long run as that is what basically matters in most cases.
22  Alternate cryptocurrencies / Altcoin Discussion / Re: What happened to ETH? on: October 25, 2018, 12:14:35 PM
Be patient if you have suffered a loss due to the declining price of ETH. We can only see all this happening, but can't do anything. Maybe you can only hope for the price to get better soon. No one can predict when to go up. Huh
You have only even suffered a loss if you ended up selling at loss. ETH pretty much hit the bottom just like any other market, sure, we cannot depict the fact that is actually got hit the most when comparing most of the top coins, which was not expected actually, but in the lighter and positive perspective, I just see this as a chance to actually be buying this market at this stage which is something I believe any smart investor should be doing than panicking. When a market is at the dip, which is the time to be buying and then when people start getting greedy, then you really want to be selling.
23  Economy / Economics / Re: Starbucks drops hint at plans to accept Bitcoin on: October 25, 2018, 11:26:59 AM
Thats why crypto is very important in our daily lives its makes our daily living in a easy way like this . If some big restaurant and fastfood accepting bitcoin too as a fee its a big help to all crypto users and also the community . As of now i see some business that use bitcoin as a fee many of that is in here in my country.
Kind of, I will say it is a start and if we get to see more merchants from all over the world, doing the same thing, we can actually get to see some pretty good real life usage in the long run.

Sure, this is what we need to be able to see some level of mainstream adoption and to change people's mentality that has made the cryptocurrency space to be more filled with speculation than real life usability which is something that once we are able to see some changes in this perspective, things will turn out to be greater for the space in the long run.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: China banned Crypto Events in Guangzhou on: October 20, 2018, 12:28:18 PM
That seems to be a decision that is state or province specifoc and does not represent the whole country and we already know that most of these bans in China are just to stop scammers to raise funds that use the cover of ico to show legitimacy and raise funds but their intention is just to collect funds by copying some other project, collect the funds and disappear.
Who really cares about China anyway? It is not like anything good has ever actually come from here when it comes to cryptocurrency activities, and for all I care, they can ban whatever they want to ban, but the good thing is that the space will always keep moving on and getting bigger, with or without china.

If they see cryptocurrency as a threat so much that they are trying to run away from it or frustrate the users in their country, then that is their own cup of coffee. It is a global community and no one really cares whatever decision China has decided to make.
25  Economy / Economics / Re: Planning for Brexit: Crypto Exchange Giant Coinbase Opens Office in Ireland on: October 19, 2018, 12:46:14 PM
Planning for Brexit: Crypto Exchange Giant Coinbase Opens Office in Ireland

Cryptocurrency exchange Coinbase has opened a new office in Dublin to mark its latest expansion into Ireland as a marked effort to “plan for all eventualities for Brexit,” according to a top Coinbase executive.

In an announcement on Monday, San Francisco-based cryptocurrency exchange Coinbase – the industry’s first ‘unicorn’ – said Dublin “was the clear choice” in its ongoing expansion effort. The new office in Dublin will compliment Coinbase’s existing operations in London, the base for its EU operations.

Ireland’s minister for financial services and insurance Michael D’Arcy stated:

“I am delighted that Coinbase is opening an office in Dublin. This decision highlights the completive offering and attractiveness of Ireland for financial services.”
https://www.ccn.com/planning-for-brexit-crypto-exchange-giant-coinbase-opens-office-in-ireland/

It seems that Ireland is becoming attractive for financial services.
With Brexit knocking, this is actually a very brilliant move I must say. Asides the whole Brexit thing, Ireland has been known for a very friendly country when it comes to doing business and this is probably one of the reasons why and for the fact that they are spreading their tentacles globally is a very good thing as far as I am concerned.

So far, we are beginning to see different countries trying to attract as much as possible and most especially the cryptocurrency business sector and I believe as time goes on, we will get to see many more countries making this attempt.
26  Economy / Economics / Re: Whether Getting Married At a Young Age Can Lead To Poverty And Make Poor Economy on: October 13, 2018, 02:07:50 PM
I see in my country many marriages at a young age and don't think about the economy in the future,
I know getting married at a young age is very beautiful,
but if the economy is insufficient, maybe should think again not to get married at a young age,
and I think from that marriage it can give birth to children and increase the population of the earth, and maybe in a few years the earth will be full of humans and surely there will be many other crimes to survive on this earth,

Is there a solution, to overcome this impending disaster
I totally agree with you. So we need to work very early. At age 18, we need to be responsible for ourselves and for the future. work hard, learn more and be more open to the outside world to become more proficient. I believe that with the endless effort, it is natural for you to be rich before the age of 30.
Being young does not necessarily mean getting married at that point will lead to poverty as it all depends on your own general point of view. A lot of people see marriage as a blessing in some societal set up and they believe that once they get married, it becomes easy for them to get focused.

Of course, as a man in particular, you would not dare want to do that without at least having something in place to be able to live a good life with your woman but in this day and age, the mindset when it comes to giving birth and family planning, and doing well for themselves, is something applicable. The truth is that I have seen older people getting married and still not being able to curtail most of these things, so it is all on the personality of each individual.
27  Economy / Economics / Re: Where should we focus this year? on: October 13, 2018, 12:55:01 PM
I choose to focus on altcoin because there areb so many profitable altcoin was born each year. It can help us to earn a lot, as long as we have enough knowledge to deal with it.
Well, everyone will basically have their own choice, but you have to understand that most altcoins are shitty anyway, so you really want to know the altcoin you want to be playing around with in your wallet. Things like this is what makes me assume if people actually get to understand the space they are investing in at all, or they are just simply looking for a way to get rich and get out whenever they can and then forgetting what they should be placing their focus on which is the future.

Earning is one thing, then knowing what you are into is another different ball game entirely and how will you be able to make decisions, if you really do not know what you are getting into?
28  Economy / Economics / Re: Expert: Banks are Enthusiastic Towards Crypto, Waiting for Regulators to Invest on: October 11, 2018, 01:10:06 PM
I guess they dislike the fact that they are missing out and probably loading their valued customers cause a lot of investors are now perfering long investments in Bitcoin than in banks. And moreover, a lot of big organizations are waiting for the same moment to also invest in Bitcoin, this is why we need bitcoin regulation so bad.
I mean if you are a huge bank that is willing to invest couple million dollars into something new than you should definitely make sure it is regulated first. Without knowing how to file for tax returns on your loss or your gain it would be unwise to just let your workers hoard as much bitcoin as they can with the amount of money banks have.

They would require some sort of assurance and laws for them to be comfortable about spending tens of millions of dollars into crypto, considering there are hundreds of banks like that in the world we can clearly say the day regulators start regulating properly we will see big increase in volume.
29  Economy / Economics / Re: What will happen if the all countries convert to cryptocurrency? on: October 10, 2018, 12:38:36 PM
The moment all the countries convert to crytocurrency would be the beginning of many amazing things to happen to the world and the financial sector, the process sending and receiving funds worldwide would become very fast and easy, it would lead to growth of businesses and make life easier for citizens of the world.

I agree with this. The currency will come to a new face. The cryptocurrency will lead the world and help everyone to have a better life. Easier and accessible transactions will be done  at the same time fastest way. This will help our daily task to be an instant. This thing is not impossible to happen so lets just hold for now.
There is not a single chance that will ever happen but if you want a realistic answer just take a look at the  europe. People have been working as a together one country on euro and using it as a single currency for so many countries.

If you do that on a global scale you can have countries with less economical problems, if there was one currency in the whole world than you could have done better with countries like venezuale and turkey and won't have those however countries like greece would cripple everyones economy even if you are doing well. So you are giving at the same time but getting nothing in return aside from headache.
30  Economy / Economics / Re: If Facebook promotes cryptocurrency, would it positively promote it? on: October 09, 2018, 11:18:32 AM
Facebook having its own crypto is very unlikely. Their platform is free, when they integrate cryptocurrencies to it, it automatically becomes monetized--which is bad since their selling point is many people joining it.



I think it would definitely support it positively. As long as facebook is looking to get bigger and find a way to
get the market cap of their company bigger they are going to want to make everything hyped up. Which means if
facebook wants to buy coinbase or even make money from just advertisement than it means that they will have to
promote it positively so they can get more and more money.

How much money do you think could be made from negatively promoting coins compared to positively promoting it. If facebook accepts crypto ads than they can make even more money and eventually buy coinbase which would increase their marketcap by a lot.
31  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I have 250 ETH, Hold or SELL? on: October 06, 2018, 08:10:52 AM
if you still save it for now, I think it's better to just hold it. because ether prices are now very concerned. if it's been sold I think it's better for short trading terms in Altcoin ether.
Since you have come this long way since august, you should keep on holding them rather than thinking about cashing them. The year might not be so hot for ETH but we can have slight rise though. This can give you small benefits. Loosing 5 ETH is bad but since you have already invested now, a rise in the market might recover the loss of 5 ETH you faced and might even give you surplus profit as well. ETH had been on the highest market price previously.
32  Economy / Economics / Re: Economy in your country on: October 06, 2018, 07:27:08 AM
An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
Haven't quite understood what you wanted to say (or to ask) by this topic, but if talking about the economy in my country, it is experiencing the crisis lasting for over past several years.
I don't carry any illusions about bitcoin drastically changing the situation (though mining here is one of the cheapest), though the government announced that they will use a blockchain-based solution for the upcoming elections.
This is like the lender of the last resort. You let the new system work when your existing system collapses. If we talk about Venezuela, they have introduced the cryptocurrency central bank and since majority of the people use mobile money, switching from the mobile money to using cryptocurrency might not be a big task either.

They would make use of anything that keep the economy running and reduce inflation but relying in cryptocurrency to such a great extent is not healthy as well.
33  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: October 06, 2018, 06:24:35 AM
Complaints are usually not related to bitcoin or technology but there are complaints about the price. As in the last year, high earnings are expected, unfortunately life isn't always the same things. We have to be patient.
These are those people who are waiting from a long time means from the start of this year as it faced with downfalls that time so they are not in profit and even if they are in profit it will be a small profit. Therefore, they are moaning about the price of Bitcoin besides which there are people who have bought coins on price more than the current price are in loss so they are also worried but the right decision is to hold for some more time.
34  Economy / Economics / Re: Crypto replacing fiat? on: October 06, 2018, 05:44:45 AM
that is impossible, crypto cannot be accepted as a fiat currency because the value is too high and the value can go down anytime.
Replacement of Fiat by crypto currency seems irrelevant due to the importance of fiat currency we cannot neglect or ignore it. It will replace only if all governments of countries adopt the crypto coins and leave fiat but it will not happen because government has high interest and benefits in fiat currency as we know that banks are running on government issued fiat so they will not gonna changing it ever.
35  Economy / Economics / Re: Cryptocurrency news on: October 05, 2018, 07:12:31 AM
I hope this news can increase investor confidence and crypto trading into a large commodity.
at least bring changes there, then it will be followed by other countries.
Let me tell you what is important about modern currency irrespective of whatever news there is people have to understand the reality. Now in developed countries people are using digital currency as payment mode besides investment source as well as banks in Germany have switched to Bitcoin as payment of loans. Now we can see improvement in the current market conditions and more number of participants is taking part which will accelerate it much more.
36  Economy / Economics / Re: Beside Cryptocurrenices where would you invest? on: October 05, 2018, 06:38:15 AM
A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input
for now I only invested on crypto but i have  a plan to invest also in stock market and use the stratedgy and my experience from crytpo for  a good investment.
You will have to search for a trusted source where your invested amount is safe and where there is high chances to make profit but you should know about each and everything that are necessary in any type of business so that you may be able to take care of any business. Based on the basic market principles and rules you will survive till the end of your investment procedure otherwise you may not be able to handle any type of business and furthermore generating profit comes later, first you will deal with how and what is the right way.
37  Economy / Speculation / Re: Is $6000 to $7000 the stable price for bitcoin? on: October 05, 2018, 06:02:10 AM
For what I saw, when the price went down, it always stayed up from 6k. What I think is that people think that bitcoin worth more than 6k, so who have bitcoins dont want to sell them at that price so they hold their coins. Now I hope bitcoin price will start to go up during the next mounths and also in 2019, good days are coming.
Is that what we all aiming for but sadly crypto isn't listening to us.  Having a price bracket from $6k -$7k is same to be good price for me, isn't that much enough so people who are limited capital to start with will be given a chance to take part.
Current value of Bitcoin is 6548 US dollar which is still a low price as compared to the normal value of it so we can invest as much as our ability is. Yes, the price has been stable between 6k dollar and 7k dollar but think this has taken a long time and soon we will cross this stable price and I am sure it will start increase trend onwards. If we buy right now then we will get it using low amount and it will benefit us the most if we hold it till high market.
38  Economy / Speculation / Re: Daily price analysis BTC + ALTCOINS on: October 05, 2018, 05:27:25 AM
if you can analyze bitcoin and altcoin it looks like you can determine what price movements will occur on the coin which means you will be able to determine the right time to buy and sell coins and can make you get a lot of profit.
About Altcoins we have daily analysis everywhere as we know that we use Litecoin, Ethereum and several other crypto coins best for investment as well so we are in daily discussion about it as well. Besides this Bitcoin is the first name when we discuss about crypto market we say the Bitcoin which is currently running stable by price. On the other hand other Altcoins are also in their low markets especially Ethereum.
39  Economy / Economics / Re: Five reasons 2018 could be the best year yet for cryptocurrencies. on: October 04, 2018, 07:59:38 AM
Hosp has explained before why a potential cryptocurrency bubble could burst in 2018, but there are several factors that make him see upside potential in the space.

For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018.

Taking into account several factors, the cryptocurrency market's upside potential could rise to up to seven or eight times present levels, he says.

1. The work on scaling issues
2. Large scale and more legitimate ICOs
3. Regulation
4. A lot of execution and usability
5. Institutional investors

For more info or details heres the link.
https://www.c[Suspicious link removed]m/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html

I think this is reasonable.
yes with the passage of time things are going more better in the crypto and if someone will say that the previous year was good in crypto then it is sure that this current years is also better and more better than the previous years. Many people who disappointed is only with the price which raised much high and then came a little back for the correction which will also be get better in the coming months.
I am involving with bitcoin since 2011 and i absolve bitcoin to much I've great experience with bitcoin and cryptocurrency as far as i know whenever the price fall it increase double next time.
I not agree. What kind of " The work on scaling issues" what kind of " Regulation " and what kind of " Institutional investors ". I am not sure that your points meet the market rank nor i see its a good for all cryptocurrency.
Actually i believe these factors can possible affect the market for cryptocurrency in a positive way if the change in the factors is positive. That is in harmony with the cryptocurrency graphs.

Institutional investment and regulation imposed by the government can help rise the price for investment in the inflow of funds into the market and government regulations might make the investment a bit more secure for those who want to invest and fear to lose due to the illegal tender for any countries have banned it.
40  Economy / Economics / Re: What happens if bitcoin price falls below the cost of mining it? on: October 04, 2018, 07:11:09 AM
Bitcoin has been running long and mining as been running long too that we would eventualline everything. That being said, once the price of Bitcoin is lower than the cost of mining it then we have mined all the Bitcoin and the price of Bitcoin itself woyld start to stabilize completely. I daresay i hope it would come soon.
Sorry to say, but at the moment, you really sounded like a drunk with all these you have posted. What has mining all of bitcoin gotten to do with the price going lower than mining price or its stabilization? At least, if you do not know anything about a topic, you do not have to post, and this is where you should be reading and get familiar with what everyone is saying but of course, a lot of you are too lazy to want to know and do not care to even gain the knowledge, except to increase post count and instead, you just come to the public to embarrass yourself.

Apparently, we have seen bitcoin price fell below the cost of mining before and the likelihood of still experiencing it would be there. It won't change anything at all, as this would simply affect the small miners and in that case, as smaller miners get out of the space permanently or temporarily, the difficulty will reduce and that would mean more incentive for the bigger miners. Absolutely, I am sure satoshi already though about issues like this and has fashioned that out.
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