I knew about crypto at the end of 2017, after a short time increase and make people crazy to invest, everything is down now. I'm not a trader, i'm just a holder, but i'm still afraid of the sign of market recently. Will everything be changed in next year? or several years later? Can i still invest in crypto?
Everyone who did not believe on cryptocurrency before are already regretting today because they already saw how the price of cryptocurrency improve through the years so keep on holding your coin because bitcoins will be always growing due to the demand in the market. |
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Which is the best altcoin to invest upon in current month of Feb and upcoming month of March?  In my own opinion, ethereum is the best altcoin because the price of ethereum coin already managed to reach $1k dollar just a few months ago so we can expect for it to increase even more in the future, and it was also a good investment due to its price that is cheap. |
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I think it's not surprising that most people are here to earn money. It is precisely because of the huge investment value of bitcoin to attract more attention to the community, and it is possible for the community to make the block chain technology be used and accepted by more people.
Everyone has the same interest about cryptocurrency, they are all investing because they can believe that they will be earning a huge amount of profit when the price goes up even more in the future. |
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Why are people panic selling right now? Scared of a little regulation? That is bull! G20? All they might do is AML prevention. If you are not laundering money, nothing will happen to you!! And we don't want money launders in our midst anyway! Chillax, it will be OK!
They are only panicking because they are not well knowledgeable about the market, bitcoins will still go back to its normal price after a few months so keep on holding your coins in order to avoid losing a huge amount of investments. |
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Just wanted to know people ideas on what is the good and baf impact of BTC in the economy of a country. I am glad to hear different views regarding this matters and get some ideas from the tenured people in this forum. Your opinions/views are highly appreciated.
Regards,
Bitcoins can affect the economy of a country on either good or bad way because most of the people today in the corporate world are planning to focus on trading in the market when they knew about cryptocurrency and that is the reason why government are scared if people will just focus on earning cryptocurrency more than working on the corporate world. |
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In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
You can see that with the great utility and utility of bitcoin, bitcoin is being recognized by many countries as a currency and for legal circulation. There are also countries that are indirectly recognizing the laws of electronic money and bitcoin, suggesting that a society is progressing and developing. yes you are right, cryptocurrency has been recognized because most of the people are interested on investing in it and the price grow even more so large companies like amazon became interested on cryptocurrency and started to accept bitcoins on their own online store which leads bitcoin to become a normal digital currency. |
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Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
Bitcoins cannot become the main currency of the entire world because not everyone has the capability of earning cryptocurrency and the country might die if people will use cryptocurrency and government will not have enough funds to support the countries economy. |
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It is the responsibility of every worker and citizen when we live in our country to receive so many things that the state gives us. We have to pay taxes to fulfill our duties and responsibilities so we should pay taxes
In my own opinion, we really need to pay the taxes because it is for our entire country like creating buildings but the problem is only in the government if they are corrupted and the money might go straight to their pocket. |
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Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
There are a lot of stupidity coming from humans today, there are huge companies who are being negatively affected by the cryptocurrency and their only way to survive is creating fake news or black propaganda in order to reduce the number of investors in the market. |
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I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
We all know that cryptocurrency is more profitable than banks and that is the reason why most of the people are preferring to invest on cryptocurrency more than placing their money on the banks, |
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Most weak hands dive into cryptocurrency investment world just for bigger profits, though they need a feeling dare to the risk in it and a will to educate themselves about the investment lessons.
Yes you are right, trading is like gambling with less risk because you can always earn profit depending on the market's volatility and that is also the reason why bitcoins is very good for long term investment. |
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We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?
In my own opinion, yes we should teach them on how to save money or to use cryptocurrency because in this way they will have a better point of view for their own future to become successful. |
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Japanese Ministry of Finance is going to prepare rules for cross-border transfers of digital money
The Ministry of Finance of Japan is going to prepare in the near future rules for the foreign transfer of digital money.
According to the report of the newspaper Nihon Keizai on April 5, the Ministry of Finance plans to introduce rules under which notice to the authorities should be strictly mandatory if the cost of transferring money for a foreign transfer is more than 30 million yen.
It is said that the decision of the Ministry of Finance will facilitate the consideration of the real situation with operations abroad and is designed to curb money laundering operations.
Source: Alpari
Its normal to have that for japan because they are planning to use cryptocurrency for their own economy so creating rules and regulations for their own country is the best thing to do to control the growth of cryptocurrency. |
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it is very good let alone Germany is a country with a strong economy and this can be an example for other big and developing countries and can follow in the footsteps of Germany by acknowledging bitcoin as a nice and very promising crypto currency.
Cool. however, it seems to me, that Germany has been the cryptocurrency friendly country for many years. I believe that Bitcoin and alts will be recognized everywhere. If cryptocurrency has been recognized by germany then there is a huge chance for the price of bitcoins to grow even more in the future just like what happened last december and the price might surpass $20k dollar. |
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I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!
If you are holding a huge amount of cryptocurrency today then the best thing to do is just hold, you can always wait for the price in the market to pumps up before using the profit into real estate in order not to lose both investment. |
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Yes, it has been stable for the past 5days now and that's a huge sign that it will soon come put of dip
We will not see the price stability very soon. Bitcoin will be swinging. the other cryptocurrencies will do the same. However, finally, BTC will rush to the Moon. Even though we did not see the price stability today, it was fine because as long as the prices of bircoins is decreasing then we can still have time to invest in order to earn more profit in december when the market prices pumps up again. |
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Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Government will not win the war, the cannot even win on drugs, cryptocurrency is widely spread and everyone is interested on it because it is engaging on the money and banks are getting affected where government are getting their funds coming from the tax, government will just stop cryptocurrency because they all know that people will not work on the corporate world when bitcoins provide the financial needs. |
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I think every crypto currency has its own program to develop its crypto so that if have a good program will certainly many who are interested and will progressively but for those who do not, it will be eliminated
Cryptocurrencies are the reason why the price of bitcoins is keep on increasing, its because of the competition in the market that keeps on growing every time there is a new ico that has been advertising their platform. |
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kinda strange when investing in a volitile market. you can spend 10,000 $ into the market in january and come out less. than what a person invested in april with 10,000 $.
Yes you are right, investing a huge amount will not make you rich because it will be depending on how good you are trading in the market, that is the reason why anyone can be very rich in the future if they are good in trading and they know how to handle their patience at the time of dumping. |
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Goldman Sachs: Bitcoin can be useful for a troubled economyAccording to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy. Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided. Goldman Sachs experts: crypto-currencies can help the troubled economy
Bitcoin can always improve the economy of a country because the profit from cryptocurrency is very high and trading in the market can actually become the source of income for our daily needs. |
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