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281  Economy / Speculation / Re: Will Bitcoin continue to rise? on: June 10, 2018, 07:08:03 PM
The Bitcoin is reaching $10,000 again.

Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea.

Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money.
Bitcoin (BTC.X): will this rally sustain?

Do you think bitcoin will continue to increase?

Bitcoin will be continuing to rise every year if there will be more countries who are going to legalize cryptocurrency on their area so lets hope that every country will accept bitcoins.
282  Economy / Speculation / Re: BITCOIN DIE !!! on: June 10, 2018, 07:06:44 PM
Bitcoin reaches their lowest level which is 7,142$, many people have thoughts that bitcoin is die at it will not rise again but they don't know that investors are happy to see this much low price they are buying bitcoins and by november we will see bitcoin growing. So if you want to get some real profit invest in bitcoin now !!!



Bitcoins will not die, if it does then all the other cryptocurrency will be affected, as long as there are people who are trading in the market then there will be no problem about the growth of bitcoins.
283  Economy / Economics / Re: it is possible fiat currency will crashed? on: June 09, 2018, 02:49:25 PM
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

No it was not possible, there are a lot of people today in the corporate world who are using fiat and does not know about cryptocurrency so i think that it will be not easy for every people to switch to bitcoins immediately.
284  Economy / Economics / Re: China tells people to buy gold & silver on: June 09, 2018, 02:48:06 PM
Some major events as seen by China.

More....

It turns out that there is also “advertising” for gold and silver in China, too. The big difference here is that it is China's government which is advertising the “opportunities” in gold and silver and it is urging the Chinese people to buy gold and silver.

An article from mining web-site, Mineweb quotes a program which appears on China's largest (state-owned) television company, promoting bullion-buying in general, but stressing that silver is currently the best value for investors (no surprise to regular readers):

https://seekingalpha.com/article

Chinese government told/encourages its citizens to buy gold and silver in 2012.


Its normal for china to have different types of businesses since their country is full of factories, maybe there is something about gold and silver and not just cryptocurrency, it only means that their country is competitive in terms of economy.
285  Economy / Economics / Re: Why people are still buying BTC? on: June 09, 2018, 02:44:15 PM
People are invested in bitcoin in many ways.
They see good reasons to stick with it and most of them are thinking long term.
Things crash from time to time, it doesnt mean they are dead.
And besides that profit isn't the main focus for most of the old dogs of bitcoin.

Bitcoins today is still profitable, the price in the market might go down but still there is a huge chance for its price to grow again because the market is volatile and we can use its volatility in order to earn more profit.
286  Economy / Economics / Re: Charity Accepting Bitcoins? on: June 09, 2018, 02:41:44 PM
If there is a charity accepting bitcoins do you prefer to give some of yours Huh

Me: I will if there is, but for now I don't have yet. Wink

EDITED:

Yeah it a hassle for now.

Another question: But what if there is fiat will be disappear in the future and crypto will conquered the world and all payment transactions will be on blockchain system?
So is this applicable right?


There's no need for a charity to accept bitcoins because they can still accept fiat but if there will be a good samaritan's who are going to donate on a charity then it will be easier for them because the price of bitcoins is continuously growing.
287  Economy / Economics / Re: What will happen to bitcoin? on: June 09, 2018, 02:39:22 PM
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.

Bitcoins will just expand widely depending on the state of the market and if most of the people will prefer cryptocurrency then economy will be also affected because banks will be disregarded and they will place their capital on cryptocurrency market.
288  Economy / Economics / Re: How will crypto go long term? on: June 09, 2018, 02:37:47 PM
I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?

Cryptocurrency will be good for long term investment because of the different people who are demanding in the market and if cryptocurrency will be legalize in other countries as well then the price will just keep on growing.
289  Economy / Economics / Re: Beside Cryptocurrenices where would you invest? on: June 09, 2018, 02:36:09 PM
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

My plan is just to save my coins as much as i can and when i save enough money then i will just start a business in order to have more income monthly to sustain my daily needs, that's the reason why i am interested on cryptocurrency because it was one of the way to earn money online.
290  Economy / Speculation / Re: Perfect Time to Buy! on: June 09, 2018, 02:32:24 PM
With all the good news coming out in favor of bitcoin like Expedia accepting bitcoin etc it's time to buy with the price going down. You will not be so lucky next week. I strongly believe it's going to reach $700 by end of next week!

The prices of bitcoins today is currently decreasing and i can say that it was the right time to invest because the market will still go back to normal after a few months and you will earn a huge amount of profit.
291  Economy / Economics / Re: Increasing number of celebrities endorsing cryptocurrency on: June 09, 2018, 02:29:16 PM
Owen has many fans around the world, and he promotes "Owen Coin" on his social media.

"Owen Coin" will get people's attention! This encrypted currency, combined with philanthropy and public welfare, could be a hit.

That is a very good news that celebrities today can be bribed in order to endorse cryptocurrency because in this way, there will be a lot of people who are going to invest on any ico they are interested because of the popularity of any celebrity they will hire.
292  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: June 09, 2018, 02:24:50 PM
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.


Managing your risk is not very easy if you are investing a huge amount on multiple coins which you are not sure if it will grow or not, the best thing to do is just focus on one coin like bitcoins or ethereum in order to have an assurance that you will surely earn a huge amount of profit.
293  Economy / Economics / Re: My Advice on Investing in Crypto on: June 09, 2018, 02:21:03 PM
This is a very good explanation on crypto investing. Investing in crypto is very exciting, but should always be taken with caution. Crypto investments are highly volatile, which means one can make big gains and big losses. But what’s even more exciting than financial gain is the technology development. Blockchain is unleashing massive innovation, and the entire World is participating in this excitement. No one knows for sure what company will thrive in the future, but if you find a company with the right team and the right technology, then you are on right track to identifying a  good crypto investment.
 


My advice to every new cryptocurrency investors is to study the market before investing a huge amount because there are a lot of people today in the corporate world who are losing a huge amount of profit due to panicking when the market prices are decreasing.
294  Economy / Economics / Re: Do you think "new" Alt coins & "Blockchain" based coins are good or bad for BTC? on: June 09, 2018, 02:17:04 PM
I think the immediate reaction from people invested into Bitcoin would be negative, when they hear that some new Alt coin or "Blockchain" based technology was launched. You immediately think that money will flow away from Bitcoin to these Alt coins and Bitcoin will lose investors.

Could a new coin attract new investors to the whole Crypto currency scene, that would not have invested, if it was not for this coin?

Let's say for instance "Mc Donald's" launch a new Alt coin, called "McCoin" and Billions of people starts to buy and sell these coins. What would the natural spinoff of this be? I think "increased awareness" of Crypto Currencies. A percentage of these people might start to trade other Alt coins or Bitcoin as a result of this. <Big companies will kind of legitimize Crypto currencies, because people tend to trust these companies>

Do you think this is Good or Bad for Bitcoin, when this happens?  

new cryptocurrency means there will be new competitor in the market, it only means that the community of cryptocurrency is keep on growing and there are more people who are interested on bitcoins more than fiat.
295  Economy / Economics / Re: Factors that affects the value of bitcoin... on: June 09, 2018, 02:13:34 PM
Hey guys,  i need some suggestions and opinions about this.

In my own opinion, those people who are creating fud is the reason why the price of cryptocurrency is decreasing so much, another thing is that those big companies like banks as well is creating a way in order to stop the growth of cryptocurrency.
296  Economy / Economics / Re: bitcoin investing on: June 09, 2018, 02:06:38 PM
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?

You can invest a huge amount today while the price is still low and just hold your coin for a very long time until bitcoins price reach $50k dollar and after that you can sell it again in order to earn more profit.
297  Economy / Economics / Re: Do you approve this strategy: sell alts buy btc? on: June 09, 2018, 02:05:00 PM
I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

I prefer holding my altcoins today because the price of this alts will still go back to its normal price after a few months since the market is volatile, so keep on holding your coins and do not resell in order to save a huge amount of capital.
298  Economy / Economics / Re: Is this basically just another way to make money? on: June 09, 2018, 02:03:30 PM
My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.

So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.

Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.

I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.

Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...

What is your take on this? Is this all a phase, part of how this game works?

You are very lucky that you knew cryptocurrency since it was one of the way to make money on the internet today and that is the reason why you should keep on believing in bitcoins because it will grow even more in the future.
299  Economy / Economics / Re: Speculation on BTC on: June 09, 2018, 01:57:58 PM
I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Most of the crypto analyst today that are writing different speculations are saying that bitcoins might reach $50k dollar just before the end of the year so keep on holding your coins.
300  Economy / Economics / Re: Simply predict the future of bitcoin on: June 09, 2018, 01:56:52 PM
According to the k-line of 2011-2017, the major bull markets are basically those that rise after a super rally and then go back a year to two years later.


When should the chance of tuen mun be this time?


Feel like there's a half-year down period?


While history will not simply repeat itself, shouldn't the bull market come so soon?


The ICO bubble is pretty bad.

There is no accurate prediction cryptocurrency and in order for us to determine on what will happen in the future then the best thing to do is read different speculations regarding cryptocurrency, in that way we can even more create the right decision.
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