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2161  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: March 04, 2019, 08:52:09 PM
The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms  a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:

2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+


Do you see something frightening in it?

We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?

In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!

So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.

Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.

What do you think about it?

People moan about the price of bitcoin because they have lost a lot of money since bitcoin decrease its price real bad that many people have also started to panic sell, that is why many people still complains about the price of bitcoin until now.
2162  Economy / Economics / Re: is there any economic effect for the country or bitcoin users on: March 04, 2019, 08:37:04 PM
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?
The government see bitcoin as a problem in the economy, but the truth is the government don't want bitcoin users to earn money without paying any taxes and they cannot control bitcoin and blockchain technology because it is decentralized, that is why they chose to banned bitcoin.
2163  Economy / Economics / Re: Are You The INTELLIGENT Cryptocurrency Investor? on: March 04, 2019, 08:19:04 PM
I think an intellegent investor in cryptocurrency doesn't exist because a lot of people have the same problems in where they would invest their money, that is why crypto investors always experience and commit mistakes when they will start to invest their money.
2164  Economy / Economics / Re: What is the problem of trust in projects? on: March 04, 2019, 07:26:41 PM
There are so many scam projects going on. people are now afraid of joining ico.
1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.


Since there were a lot of scam projects, a lot of people have stop participating and investing in ICO projects because they don't recieve any good profit from it. That is why new projects don't have enough investors to buy their coins because people do not know which one is good to buy.
2165  Alternate cryptocurrencies / Altcoin Discussion / Re: Can an Escrow be a guarantee? on: March 04, 2019, 06:49:47 PM
I saw a project and on that project I did not see the team and DEV from the project. however they use Escrow with good positive trust, can it be a determinant that the project will not be scam?
In my own personal opinion, when a project has an escrow there is a huge chance that you will recieve your payment and you will mot get scammed by them. But sometimes there are projects that has an escrow that may lead scam because the manager will not distribute the payments.
2166  Economy / Speculation / Re: BTC just went Down on: March 04, 2019, 06:17:53 PM
It went from $3,795 down to $3,665. All in a matter of seconds. I wonder why and what happen.

All my trades are up and hanging. My whole Binance account is now waiting for the rebound.

You guys doing okay?
It is normal that bitcoin will decrease its price because later bitcoin will recover its price again. So don't you worry on your funds because it will not literally goes down because since you panic sell you will also regret it if the price of bitcoin starts to increase.
2167  Alternate cryptocurrencies / Altcoin Discussion / Re: Mobile or card ? on: March 04, 2019, 05:53:54 PM
How would you prefer to spend your crypto,

NFC mobile wallet or NFC Debit Card?


We at Euno or going to have both by end of year but i am wondering which will get used more.
I prefer both the debit card and the mobile wallet because both of them are good for easy transaction and both of them can be used for transaction in shopping malls and online stores. But debit card is more handy and less hastle unlike mobile wallet it takes a lot of process before you purchase.
2168  Economy / Economics / Re: Cashless Economy: Is Society ready for transformation? on: March 04, 2019, 05:00:55 PM
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!
In my own personal opinion, india is not the only country who became cashless because developed country like america, japan, sweden, denmark and many more are also going cashless and it is really becoming effective in their country. Going cashlessnis really helpful for every consumers because they don't need to wait in a long line and get the money in their bags or pockets they all just need is smartphones that will give you fast transactions.
2169  Economy / Economics / Re: Do you think Institutions secretly HODL Bitcoin? on: March 04, 2019, 04:40:52 PM
have you ever asked if some companies are seriously investing in Cryptos and still not talking about it?
They way crypto platform for Institutional client is been developed by the day is become an eye opener that there is serious interest
by companies but I guess anonymity is prefered

Huobi Launches a trading platform for institution https://bitcoinexchangeguide.com/huobi-crypto-exchange-to-launch-institutional-trading-to-a-limited-group/

So do you think companies like NASDAQ is good for the market https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices

SO do you think Bitcoin will be the future all sometimes fade away?

Huobi MENA: www.huobimena.com
telegram: https://t.me/HBMENA


Cryptocurrency is becoming more popular that even famous people are investing in cryptocurrenc, that is why i think there are a lot of businesses have started to investing in cryptocurrency because they can earn more money here without paying any tax.
2170  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto is not a get rich quick scheme on: March 04, 2019, 04:01:38 PM
I don't know if I am the only one that is not worried about the market and feel it is doing fine?
I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.


It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?Huh
Cryptocurrency is not really a scheme for you to get rich quickly because it will take you a lot of time and hardwork before you get rich with it, but many people really says that it is really more fun to earn money in crypto than your regular job because it doesn't give you a lot of pressure.
2171  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO still have huge chance of surviving on: March 03, 2019, 06:00:39 PM
After 2017 max ICO profits, ICO has since then been a high target for scammers but alas ICO will still survive on the long run ,bitorrent and fetch.ai has proven that, many investors are now getting smart and extremely more careful ,its really a good thing ,before we know it the scam rate will get lower and scammers won't make a dime from ICO anymore. I think action speaks more than words,no one wants to lose money to scam projects anymore so they are forced to learn how to spot good projects to invest in. Warning doesn't work but investors losing money does makes them learn.
Even there are a lot of people who started to quit in participating in ICO projects. There are atill a lot of upcoming projects and many people are still hoping that it will be now successful unlike the other projects, so for them to recieve their rewards and earn more profit.
2172  Alternate cryptocurrencies / Altcoin Discussion / Re: How to recognize a good time to sell a coin? on: March 03, 2019, 05:51:12 PM
Hi all!
I and many of us here earned a lot coins form bounty campaigns. And I have real dilemma: How to recognize a good time to sell a coin? How to avoid loosing everything by holding coins that will die, but also how to choose coins that are good to hold because they can give us 10x,100x.
Thank you for your comments Wink.
The best time for you to sell your coin if it is in a high price that is enough for you, because if you sell your coin in a low price, you will ended up regretting it. That is why you should sell it in a high price for you to have a high profit too.
2173  Economy / Economics / Re: what should consider before investing in a coin? on: March 03, 2019, 05:34:56 PM
Participation in ICO or investment at pre-ICO stage is a very risky step. Its just like purchasing a shop on 40th floor and the ground floor of that shopping mall is just start to build.
There are so many ideas/concepts is trying to prevail in the market but is there any formula to separate strong project from scams/weak projects.

Which scale should an investor use to go before investing in a coin? Is it the code, or the system it based, or their community strength, or is it depends on their venture capital that how much big it is?

In my own point of view, the thing you should consider before investing in a coin take a look first on its details and see if it can be trusted because there are now a lot of scams. And better check if is worth it to invest with because you might don't get a huge profit from it.
2174  Bitcoin / Bitcoin Discussion / Re: Bitcoin could be used to pay for Bills,load and for travel in the Philippines on: March 03, 2019, 04:23:43 PM
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.

It's true that you can pay your bills, card bills, buy games, and cellular load using the app coins.ph, that is why using this application is a big help for us because we don't need to convert our bitcoin into cash to pay bills.
2175  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS on: March 03, 2019, 02:19:48 PM
What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Driver’s License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .

I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services  to create awareness for the project. Which ought to be paid for.

In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.

I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.

This is just an example of what is happening.

What do you all really think about kyc for bounty hunters?
I think KYC should be really not required for bounty hunters because we bounty hunters don't use any funds we only promote the project. I think creating an account in their website could be required but sending information not should be needed.
2176  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about Crypto now? on: March 03, 2019, 11:39:53 AM
I'm just curious if you guys still hodling your altcoins?
Do you still believed that we could get x1000 profit if we hodl our altcoins longer? And kindly suggest best coins should i invest this year.


Thanks.
It is good to buy cryptocurrency today because they are now in a cheap price, but not all of it is worth it to hold because some of them don't have any potential to increase its price. Unlike bitcoin, even it decreased its price it still has a chance to raise its price again.
2177  Economy / Economics / Re: Tell us about your experience on: March 03, 2019, 11:31:25 AM
Friends  Wink
I want to share your experience with you.
Since the first time I got to know cryptocurrency I initially did not believe that cryptocurrency can help my economy, after I did it in various ways to work, finally now I can meet the economic needs of my family.

On the other hand I also read articles that they can also provide loans to help others.

And in this forum there are also people who provide ways to help their economy.

Quote
It can surely help the world economy in the following ways;
* Increase job opportunities as people can work from home and get paid in BTC which will benefit both the employer and the employee.
* Provide flexibility in online payments.
* Eliminate the need for exchanging fiat money as BTC can be used worldwide.
* Can benefit e-commerce websites in various ways.
These are just a few ways BTC can help to grow the world economy and I am sure there would be plenty much other ways which I can't think of right now.

Now, what about your experience? let's share experiences.
May you also succeed with cryptocurrency  Smiley
I also didn't believe to my friend when he first introduced me about cryptocurrency, but when i started to try it and used it as an income i started to believe to him and i started studying and focusing more about cryptocurrency.
2178  Economy / Economics / Re: Another good news for cryptocurrency in the Philippines on: March 03, 2019, 09:48:41 AM
Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment
Here in the Philippines, there are now few stores and businesses who accepts cryptocurrency as payment, that is why if everybody will start to accept crypto there is a chance that cryptocurrency will be start to accept by the government as a legal currency.
2179  Alternate cryptocurrencies / Altcoin Discussion / Re: The misunderstandings in KYC (know your customer) on: March 03, 2019, 09:28:44 AM
I never hate KYC, but I really hate the bounty asking for KYC. I was their victim, in December 2018 I worked hard for 3 months and I could not pass KYC from them. Although I provided all the information as requested
Many people do really have experiencing a lot of trouble in submitting their KYC for them to complete all of their requirements because the ICO teams are not that convince with their verification. We all understand the purpose of KYC for them to know their participants or to avoid money laundering.
2180  Alternate cryptocurrencies / Altcoin Discussion / Re: Will banks disappear because of cryptocurrency? on: March 02, 2019, 02:07:22 PM
This really what I keep on asking myself since we all know that cryptocurrency dominates the bank as time pass by. I wonder will it result to total collapse of bank industry?


Feel free to drop your comments here.thanks
Many people are now used to online transaction maybe they will lose their interest in putting their money in banks and they will start to get into cryptocurrency. But there are still people who would like to out theur money in banks because its much safer to store all of your savings in banks, so i think banks cannot be disappear because of cryptocurrency.
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