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241  Economy / Economics / Re: Is there formula for bitcoin price ? on: January 18, 2020, 12:34:51 PM
No, there is none. The market is driven by the market and it is also affected by current event and price movement. Just a single dump can cause a massive panic. Also, there are big whales driving the market price, they can cause a massice pump or dump anytime they want. There is no specific formula, even TAs don't work sometimes.
The market price depends on the volume of the coin in a specific exchange and the demand of the consumer into it. That is why bitcoin is volatile because the price of it depends on the rule of supply and demand. It keeps on changing day by day and sometimes being controlled by the whales so that the price will not go down so much and maintain its stability as long as they can.
242  Economy / Economics / Re: Thoughts on the World War 3 and its possible impacts on future? on: January 18, 2020, 11:36:20 AM
To be honest, I am really confused.

It is said that this is Trump's fault, some say it is really Iran's fault and they are really plotting something to America. I don't know what to believe in and I know for sure, winning aside, something is also fueling this war, get it?
Everything is now different actually. Even the delivery of news is on social media and they are trying to spread a fake news. Actually it is impossible for the USA and Iran to have a war. This is not the old days where in you can just start a war. Today is completely different. We have so many things to consider like UN and laws that assures that war cannot be declared in just a snap.
243  Economy / Economics / Re: Crimes involving crypto have risen on: January 18, 2020, 10:59:12 AM
Oh, I wasn't expecting that! I never thought it would be that huge Shocked. Sad to say but AFAIK there is no specific agency which primarily deals with all the cases regarding crypto however for sure police authorities of each country have their own cybercrime division handling with these stuffs. But honestly, I think it wasn't enough.
This is the downside of cryptocurrency. It happens because all of the transaction is hidden or anonymous that is why you can just buy anything you want using it. I'm hoping that sooner or later this kind of people will be lessen. Lets just help cryptocurrency to be known by so many people because of its positive effect in ourselves and in our country.
244  Bitcoin / Bitcoin Discussion / Re: Are you currently holding cryptocurrencies and now speculating around that what on: January 18, 2020, 09:22:17 AM
Being so authentic, businesses are all about risk and achievement. Before investing in Cryptocurrencies, we have to be rationally prepared about every loss and gain. Without any doubts, this world is touching the sky of high tech and everything will be digital very soon. I personally more in financing on cryptocurrencies.
Also, we need to fully understand what we are going to invest to for us to know what is the amount that we are going to earn there or what will be the benefit of investing on that project. We always need to consider this factor for us to avoid the possible scam. Do not sell your coin while the value of it is lower than you have bought it. Always consider your income everytime.
245  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you prefer to hold for more than a year? on: January 18, 2020, 04:04:32 AM
I personally prefer to hold bitcoin and ethereum. They are good coin and more potential to hold for long term.
In my case, I would probably hold Bitcoin and XRP for a long time since it is available on our wallet in our country. We can exchange it to our fiat money whenever we want. Plus the fact that this coin is popular and most trusted coin by the investors. Market ranking really matters because investors will look up into it first before they are going to invest into it.
246  Economy / Economics / Re: Mistakes That Make You Poor Poor In Cryptocurrency on: January 18, 2020, 02:36:56 AM
The common mistake of people in cryptocurrency is their attitude of being impatient. They cannot wait for a perfect moment to sell their coin that is why they do not have any income or worst they lost most of their money. Also, GREED is the most dangerous thing that you should avoid because it might lead you to failure since you are not contented on what you are earning right now.
247  Economy / Economics / Re: what makes us good investors. on: January 18, 2020, 01:11:45 AM
We are good investors if we know how to control our emotions in investing and selling. The right time for investing is when the price of it is low. After that, you are going to sell it high so that you can earn profit. Also, we need to study the project that we are going to invest so that we know the possibility of earning into it.
248  Economy / Economics / Re: Stance on bitcoin's effect towards the Global Economy on: January 17, 2020, 06:15:27 PM
For what I have observe in bitcoin, I do notice that it fasten the transaction speed and removes the task of every transaction that you are going to do. It is good since the faster the economy the higher the chance of a country to rise its economic growth. Because of the speed in transaction, the economy is also gaining a speed that makes it to move upward that will help a government.
249  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to maximize profit on: January 17, 2020, 05:10:23 PM
What you need to do is buy some bitcoin only if the price of it is on the lowest state. Try to take advantage on bitcoin when the price of it is low then try to hold it as long as you can and wait for a perfect moment to sell it. If the price of bitcoin is profitable on your side, you can now sell it. As long as you bought it on lower price then sell it on higher price, it is good.
250  Bitcoin / Bitcoin Discussion / Re: What bitcoin ideas do you have? Share it! on: January 17, 2020, 03:25:19 PM
I am trying to encourage my friends in a way that it can be an inspiration to them. I always tell them that bitcoin can increase the speed of economic growth because of the faster transaction that it provides. Also, the bitcoin price if volatile meaning the it is not stable which is good since you can abuse it by doing the buy low and sell high rule.
251  Alternate cryptocurrencies / Altcoin Discussion / Re: Useless projects! on: January 17, 2020, 02:01:38 PM
I do not think that people will be able to track down all of the successful projects that happen. But I think there are some people that are trying to list down all of the successful project and talk about it in the telegram. You can just visit and look for their group in telegram because they might be able to help you for what you are trying to look for.
252  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Crime is getting Worse, what do we do? on: January 17, 2020, 01:09:46 PM
Those people who got scammed is a needs to full understand the project first before investing. They are so many developers that the main goal is to scam people and not create their coin. You guys must fully aware about it and try to understand their given whitepaper and also check the background of the developers if it is real or not.
253  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Altcoin Price Be Good In 2020 ؟ Is it true? on: January 17, 2020, 12:27:58 PM
We all know that halving is about to happen. For sure the price of altcoins will rise up because bitcoin will also rise up. So if I where you, choose the coin that you want now so that you can have it and hold it. Sell that coin after halving happen because the price of it will for surely rise up. Some altcoin didn't rise up but sooner or later it will be bullish.
254  Alternate cryptocurrencies / Altcoin Discussion / Re: Be aware, so many scam coins are around on: January 17, 2020, 07:13:23 AM
Those new coins is promising their investors as far as they can so that they will invest to them. Little did the investor know is that they will be scammed because in first the value of the coin that you have is high but sooner or later it will go down because the developers will not gonna take care it of since their main goal is to scam people.
255  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency will not replace fiat currency on: January 17, 2020, 05:21:15 AM
Cryptocurrency is created for us to be able to do some transaction worldwide in just one click. It fasten our transaction since it is working thru internet. It will help our government to have a faster improvement on their economy since the transaction is now faster. That is the main goal of crypto and not to replace the fiat money that we have. I hope some country understand it so that they will not ban BTC anymore.
256  Bitcoin / Bitcoin Discussion / Re: Bitcoin The King Of Crypto on: January 17, 2020, 03:32:14 AM
No doubt that bitcoin will rise up among all coins. This is the main reason why all of the altcoin is dependent on the price movement of bitcoin. When the bitcoin price goes down, the prices of any other coins will for surely gonna go down. Plus the fact that it is trusted by all of the investors that makes it to become top 1 on market ranking.
257  Bitcoin / Bitcoin Discussion / Re: What percentage of net worth do you invest in cryptocurrency? on: January 16, 2020, 04:35:38 PM
Well in my case, I do not have any exact amount to invest in cryptocurrency. What am I doing is invest all of the extra money that I will not gonna use for a long time. Instead of letting it in my physical wallet, I would rather invest it in something that I know I will gain profit into it. No distinct amount as long as the money that I have is free or not gonna be use.
258  Bitcoin / Bitcoin Discussion / Re: No one ever sells, nor buys anything in BitCoin.. Think this is wrong, read on! on: January 16, 2020, 03:37:56 PM
I think some merchants does not want to accept bitcoin as payment because they do not even know what it is. Also, maybe the government is not allowing bitcoin to be part of the transaction because they are might be afraid that bitcoin will replace their fiat money. But in fact, bitcoin will help their economy to grow even more and make the transaction of every merchants faster than before.
259  Bitcoin / Bitcoin Discussion / Re: Why people debate so much about BTC value? on: January 16, 2020, 02:59:42 PM
They are talking about bitcoin price because some of them are traders and plus the fact that bitcoin price is really hard to predict. That is why they are trying to share every prediction that they have so that they can use it when they are going to trade. It is very important in trading for you to be able to gain profit.
260  Bitcoin / Bitcoin Discussion / Re: Bitcoin Daily Living on: January 16, 2020, 02:04:39 PM
Well in my case I do not use my bitcoin. What am I doing is that I am holding it for a long time and wait for its price to rise up. I invested on bitcoin for me to be able to earn and not to use it until the price of it is not yet profitable. So, if the price of it does not suit my preferences, I will hold it until it become so that I will not lose any amount of money.
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