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3001  Economy / Economics / Re: Why we must study Economics at University? on: December 18, 2018, 05:31:21 PM
if we study economic in university, we can know about economic in the world. we can learn about business. what time where investment, can give us profit we can know. however can change our economic we can learn. then i think need to study in economic at university.

Economics is the basic study in the finical world. If we know Economics, we can better understand trading and all such stuff.
if we want to pursue our career as a business man or as a trader, then we should opt for economics subject at the university level.
3002  Economy / Economics / Re: Why I am quitting ICO's on: December 16, 2018, 02:14:56 PM
Surely, this is your choice and it's based on your subjective experience. I also have different results from participating in ICO - good and bad. But personally I stay and continue to explore and search for good projects and even have already found a few.
indeed everyone has their choice, and it will be better if we follow personal standpoints. for me, learning to recognize good ico will be better, because we can make money that is multiple

We should understand the difference between the good and bad ICO. We should have enough knowledge and experience to differentiate the scam and good ico. Quitting all the ico is not the solution as digital currencies have just started and there will be many more good ico yet to emerge.
3003  Economy / Economics / Re: Bitcoin is one of the saviors. on: December 12, 2018, 05:51:09 PM
we certainly hear a lot of people whose their lives change 180% because of Bitcoin

based on https://www.livebitcoinnews.com/venezuelans-turn-to-bitcoin-and-online-gaming-to-survive/
when government policies make them miserable, they find ways to survive.

Do you agree with Bitcoin is one of the saviors and are there any of us who have saved their economic lives since focusing on Bitcoin?
and honestly, I'm one of the people whose economic needs have survived because of Bitcoin  Grin

Are u sure? Why not eth, xrp, eos, mtk, mgo, cat or somethin else.
Personally I think that you should not ever focus on single coin. You reduce the risks by diversifying your portfolio tho also any coin might potentially saving your economics

One should never rely on a single coin, not even on bitcoin alone. The portfolio for a crypto trader should be mixture of 4 to 5 coins and some portion of his investment should always remain in bitcoin. That's the best approach.
3004  Economy / Economics / Re: Bitcoin need a miracle on: December 12, 2018, 05:26:53 PM
Miracle will only happen if most of bitcoin enthusiasts keep their faith in bitcoin after all what happened this past few months. What we need is a much wider range of people getting involved for a much higher demand. But how? We can't force people on their decisions! So I disagree to most members that we do not need a miracle. We do need a miracle! And I think it will only happen if we all believe. (Law of attraction).

We do not need a miracle for bitcoin price to rise. It should grow naturally. Once people will use it more in daily translations, it demand will increase which will automatically make its price increase.
3005  Economy / Economics / Re: If Facebook promotes cryptocurrency, would it positively promote it? on: December 12, 2018, 05:17:39 PM
I think that such giants as Facebook, definitely have an impact on people. The more such companies will use blockchain technology, the more people will know about crypto currencies. And the more people will know about crypto currencies, the more people will know about Bitcoin.

Facebook is the leading in internet social media and if facebook promotes bitcoins and other digital coins, it will bring many new investors in this field and it will also boost the bitcoin demand and usage.
3006  Economy / Economics / Re: Why Malta is the most favored Location for Crypto Exchanges? on: December 12, 2018, 04:40:57 PM
Malta is a winner, but just at the moment. I would like to see a competition between states, who gets most of the blockchain projects on their shore. That would mean that they would make very fast, good regulations and frames to operate with. Even government investments, subsidies would be possible.

Malta is no doubt leading from the front but the competition is still on. As more countries realize the importance of bitcoins, they will allow it  legal in their countries and make it favorable for the traders and institutions to develop blockchain related business from their countries.
3007  Economy / Economics / Re: Mastercard is investing in blockchain on: December 12, 2018, 04:21:46 PM
If the news is reliable then it is very good. But honestly speaking, everything looks very suspicious, since a month ago I read news that Visa and Mastercard payment systems do not support the cryptocurrency market and do not intend to develop in this area.

They are not trying to develop cryptocurrencies per se but rather just the blockchain technology. It's quite common nowadays for financial institutions to tap on the power of blockchain, seeing that its use cases on their services would greatly speed up transactions and possibly improve security on their end. They're not the ones who wanted to employ such technology on their services as there are countless others waiting in queue for R&D about blockchain to put up significant results for their intended use cases.

Yes, agree. These established and known financial institution are very open to the blockchain technology. It is a must for them to keep in track with the newest technology. That is part of the business. They're thinking ahead of time, otherwise they'll be left behind.

This is a very good step for master card itself. If companies want to survive in market they need to adopt new technologies quickly else the companies will be left behind. Blockchain technology is the future and many companies have already realized this.
3008  Economy / Economics / Re: When the government forbids cryptocurrency on: December 12, 2018, 04:08:43 PM
Yeah, people should be allowed to buy and sell crypto freely, it is a matter of personal freedom.

Personal freedom does not mean that one should violate the government rules and regulations. If the government has forbidden digital currencies in your country then we should abide the rules. However we can convince the governments by raising our voice and telling the authorities the benefit of crypto currency.
3009  Economy / Economics / Re: Money vs Barter on: December 12, 2018, 04:00:19 PM
Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?
The need for barter arises only when, due to various large upheavals in society, the national money of the states depreciates greatly. The presence of paper money is a higher degree of development of financial relations in society compared to barter. Barter symbolizes the backwardness and underdevelopment of the market for goods and services.

For me both are still beneficial but what is more beneficial as of now is money. And you're right barter was from the old times and it's not that applicable for now.
Barter system was not good as there was no standard and in this practical world now, it is almost impossible to implement the barter system. The system has evolved to paper currencies, banks, credit cards and now digital currencies and it is hard to go back to barter system.
3010  Economy / Economics / Re: The future of the market on: December 12, 2018, 03:55:37 PM
It seems this year is not a year of the bull run but rather a correctional year. Many bitcoiners (both new and old) are expecting another huge bull run this year, instead they got massive market correction. They actually forgot after every massive market bull run, there must be a massive correction that will follow to clear the massive pumps which may lead to massive dumps in the market. 
Most of all bitcoiners waits for bullrun those who bought BTC near to All-time-high prices. I know few guys who got into the crypto market with $17k per BTC. Here it is the Irony of Fate.

Yeah it was mistake of buying bitcoins at 17K. Now many people have realized that we should buy at the dips and not when the coins are at the peak. However still not everything is lost. Even if the holders can hold the coins for few more months, they can recover the loss as many good news will be coming in 2019 regarding bitcoin adaption.
3011  Economy / Economics / Re: All times are good to enter crypto - Tim Draper on: December 12, 2018, 03:43:10 PM
bitcoin and altcoin have price fluctuations that continue to be created in the market at any time, this can give you profits at any time both short and long term. investment and choosing the right decision will provide maximum profit for you

Yes you are right that is the sign of not stable but their is a chance to steady for the mean time in the high so that it will keep booming as well. More profits will enter because we are trying hard and study well on how to do it. Bitcoin is a long term investment we should try it.

Yes, the future of bitcoin is very secure. All we need is to see through this phase of bitcoin without any panic. If you ask me which is the best time to enter in crypto, I would suggest to buy it now. Bitcoin prices may dip to 2800$ but it is not sure. We never know if the current price 3200$ can be the bottom from where we will move up.
3012  Economy / Economics / Re: Is the Market Stabilizing? on: December 12, 2018, 02:15:20 PM
Indeed, for some time the price of bitcoin has been relatively stable, about $ 6,000, but, as we see at the moment, the price has fallen even lower, and there is no question of the stability of bitcoin and the cryptocurrency market a whole, as long as no one to regulate.

Actually the market of crypto is still very smaller that is why any news or any step of any whale investors can bring some changes in the market but we all know that the market is growing with the passage of time so a time will come when all of the market will be stable.

Yes due to small market, as compare to stocks and forex, whales can easily manipulate it to their own benefits. This is a drawback of a market which has small market cap. Once many people will adopt it, crypto currencies market cap will increase which will cause less effect of whales manipulation.
3013  Economy / Economics / Re: SEC November 5th on: December 11, 2018, 04:44:43 PM
I think that the SEC have been having a bad rep about bein an anti Crypto currency entity and all that jazz. But i believe that the SEC is just protecting people from fraudulent transactions and investments that caused the mortage crash of 2008. Then again, i hope that I'm telling you is true and that is their goal.

I think what ever SEC is doing , it is betterment for the crypto. If the crypto is regulated every where, it will be much better and more people and institute will then invest in it. I hope next year will be much better year for digital currencies.
3014  Economy / Economics / Re: Fiat, Banks and the future of Cryptocurrencies on: December 10, 2018, 06:02:00 PM
I think the one thing we should all look forward to is the stability of crypto currency. I mean more and more countries and companies are getting in on crypto currency so these money will bolster the price. Banks and other financial institutions are also looking into joining in on crypto currency but is waiting for regulators to go in first.
well, I think the development of fiat, and the bank will lead to cryptocurrency if its development on the internet. I have read a number of articles that are concerned with the development of fiat that are utilized by the blockchain, which is tantamount to combining fiat with crypto. well, whether it will be a development in the future, I think this will be a pretty good development.
Of course, banks will not use cryptocurrency until the state legalizes it and there will be no corresponding instructions for banks. I also think that in the future fiat and cryptocurrency will not only be forced to coexist with each other, but these types of currencies will be combined in various combinations to complement each other's capabilities. It will also be beneficial for cryptocurrency, which cannot replace the national money of states.

Banks should merge crypto currencies with their system. They cannot just ignore them as digital currencies are here to stay. So it is better to develop a system in which both fiat and crypto should be regulated. This is the only way the banks will survive otherwise crypto will overcome fiat currency in the near future.
3015  Economy / Economics / Re: What profit has brought you to bitcoin? on: December 10, 2018, 04:42:30 PM
I do not have a net investment in Bitcoin, but in another currency. Basically, even more are startups and hchch projects. They really have the biggest risk, but the biggest profit can be. Bitcoin is still at a loss but waiting for its time. The market is still quiet but I'm sure it will unfold.

I was once in a good profit but greed made me not to sell when price was nearly 12,000$. Now it is down to 3500$ and I am still waiting (along with many other investors) for the market to recover. If we can have another bull run, we can book all the profit this time.
3016  Economy / Economics / Re: If you had 10000$ on: December 05, 2018, 04:42:13 PM
If you had 10000$ where would you invest it?  I'm hoping for 10x in about 2 years,
If you are aiming for a 10x of your money in 2 years span then you should find those cheaper altcoins that has potential to rise more than 10x of their current price. TRON, XLM, IOTA could be a good choice if you can consider but don't expect too much in this unpredictable market.


Time have changed and so is the trend in bitcoin altcoin trading. Now people do not save the coins for 5x 10x returns as market is too uncertain and coins does not give that much returns. Best approach is to get 10 to 15 percent profit from the coins and keep on repeating the trades.
3017  Economy / Economics / Re: Why Cryptocurrency threatens governments on: December 05, 2018, 04:21:00 PM
The government are just threatened with the fact that once cryptocurrency becomes mainstream, the revenues they generate through banking transactions will be all gone. They want to continue feasting on us.

Governments and banking sectors feels unwanted threat from bitcoin and digital currencies. If they think and plan on how to incorporate bitcoin with their existing finical structure that could be much more positive and just banning the bitcoin would not solve the problem.
3018  Economy / Economics / Re: Is the Market Stabilizing? on: December 05, 2018, 04:05:14 PM
What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.
Yes, a few days ago we saw a decent drop in the price of bitcoin and another cryptocurrency. This caused a certain panic among holders of cryptocurrency and reminded us that there is no stable cryptocurrency market. The fact that Bitcoin sometimes seems to be stable in price is rather an exception to the general rules of its high price volatility in nature.

Due to the recent dump, many short term holders quit from the market. It is save to say the people holding bitcoin now are the ones who have full faith in the bitcoin and they are ready to hold them for longer duration.
3019  Economy / Economics / Re: Why I am quitting ICO's on: December 05, 2018, 03:40:53 PM
Before investing in ICO, projects need to be carefully analysed. It is advisable to communicate with the organizers and developers to ask them questions and make sure that it is not a scam.
well, but lately, it all depends on the dev, whether they will work on the project seriously or not. well, but I think, now everything is getting better. I hope the people who leave ICO will come back again.

If we want that people should return to ICO and invest in ICO, then there need for a regulation for ICO to be implemented. Once people know that ICO will not scam, many people will again start investing in them.
3020  Economy / Economics / Re: Confirmed, bull run begins now, what expectations? on: December 05, 2018, 03:30:45 PM
Nearly one billion dollars has entered bitcoin today according to cryptonic news item.This week has seen btc doing very well and all are excited.I know most people have individual plans for a moment like this,let's hear yours.

Well, if that's the case, I am hoping for a great deal of improvement in the price point of many coins, especially those established ones like Ethereum. I have been a follower of Ethereum, and I am so sad to see it dwindle in value in the last few months despite the endurance it had shown during those times when the market was not doing good for a long while. Also, I hope that there are more transactions to enter the market instead of mostly hodling schemes from the many users to help the market have more vibrancy and activity.


If we consider, this news was announced on July 18, then I think at the moment it’s pointless to expect something good and positive on the market

We can't tell the bull run if starting unless we are seeing the market rising for a long time like 2 weeks or more.
The rise is the rise and the fall is a fall and we can't predict them unless the demand of the tokens are not stopping.
As time goes by, there are more tokens coming in the community! and the demand are being split to many branches.

There is no confirmation of bull run as of now. There are so many resistance now even to reach 6000$ again. There need to be a lot of positive sentiments and news in the market in order to bitcoin to recover fast.
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