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381  Economy / Economics / Re: Why is bitcoin stability important? on: April 29, 2018, 08:58:52 PM
I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?

The reason why bitcoins needs stability is because of the government's that wants it to be used as a currency for the entire world, but if bitcoins will be stable then there is no way that we can earn profit from it.
382  Economy / Economics / Re: Does this mean Cash will be extinct? on: April 29, 2018, 08:54:16 PM
Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

That kind of news will be only for sweden and not for the entire nation because the world has different law's and some of them is not existing on other countries so we cannot say that fiat will not be existing on other countries as well.
383  Economy / Economics / Re: Panic selling can contribute to bitcoin price going down? on: April 29, 2018, 08:40:55 PM
I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

panic selling is only occuring on new traders in the market, most of the newbies does not really know the basic principles of marketing like supply and demand because they only focus on earning profit and they did not know the outcome of every occurrence that might affect the market price.
384  Economy / Economics / Re: Crisis is Coming on: April 29, 2018, 08:38:32 PM
There was a kind of 'Black Monday' in the US Stock Exchange. The Dow Jones Index fell 4.60 percent. A daily loss was the strongest drop in Wall Street history with 1,175 points. Panic sales jumped into the world, the Japanese Nike index dropped by 5.5 percent ...

I do not particularly like to give disastrous news, but the crisis is in the doorway ...! The American Stock Exchange has not experienced such a decline for a long time.

Is this situation the signals of the crisis or is this crisis going to be skipped in a short time?


We are all waiting with curiosity ....

If you are worrying if the crisis in the american stock exchange will affect the price of bitcoins then the answer is no, the prices of bitcoins or cryptocurrency is depending on the supply and demand so only investors will affect the market.
385  Economy / Economics / Re: 99% of the people still think that fiat money are better than crypto on: April 23, 2018, 09:00:01 PM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. Grin"
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

We cannot change peoples perspective about cryptocurrency since there are also different critics and it affects people either in a good or bad way but we all really know that cryptocurrency is profitable so just help other people who needs more information in order for the community to grow even better.
386  Economy / Economics / Re: The EU wants transparency on Cryptocurrencies on: April 23, 2018, 08:46:41 PM
Stumbled upon this article today.

http://www.europarl.europa.eu/news/en/headlines/security/20180404STO00913/plenary-vote-stricter-eu-rules-on-money-laundering-and-terrorism-financing

According to the European Parliament, in order to fight money laundering and terrorism financing, they proposed a new legislation to regulate cryptocurrencies. Quoting from the article:

Quote
The new legislation would also require virtual currency exchange platforms and custodian wallet providers to exercise due diligence and end the anonymity associated with such exchanges. “Now we say that platform providers and those who keep bitcoins in their wallet need to know their customers just as banks do. It is quite revolutionary,” explains Sargentini.

In simple words, they actually want wallet providers to require more information from us, similar to banks.

What are your thoughts on this? Could this ever happen?

I think that this will be another way for the government to place taxes on cryptocurrency investors so i do not think that this will be a great idea, they can catch people who are having illegal activities but they should not get our own informations because it can be used to threaten people who are holding a huge amount.
387  Economy / Economics / Re: Bitcoin Can Be A Savior! on: April 23, 2018, 08:38:02 PM
Yes of course,but it depends. bitcoin can save people in terms of financial situation.using this bitcoin we support our needs everyday but not at all..before you do this you need internet and gadgets.if you don't have that you can't earn a coin to convert into money if you needed it to exchange.

Bitcoin can save you from your debts because the price is keep on increasing depending on the season so you can cash out your coins if you are contented on the market price of cryptocurrency you invested.
388  Economy / Economics / Re: I want to invest more of what I don't have (money) on: April 23, 2018, 08:32:41 PM
I want to invest a few more thousands into eos, iota, and aion for the win. Too bad it will take me a few more weeks. I am so drained lol. Anyone else thinking like this? So motivated to invest. But lacking the funds.

If you are really interested on investing an altcoin then i highly prefer that you place your money on ethereum coins because it already showed its potential in this past months ago because the growth has tremendously increase more than any other altcoins in the market.
389  Economy / Economics / Re: Bitcoin as savings, emergency needs possible? on: April 23, 2018, 08:28:40 PM
So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

Bitcoin can be used as an emergency fund, you can hold your coin and wait for its price to increase even more then when the time comes that there's an emergency for you to spend a cash then you can convert it immediately to fiat.
390  Economy / Economics / Re: You missed all the trains, not just bitcoin on: April 23, 2018, 08:24:29 PM
I have read many posts of people saying they are sorry to have missed Bitcoin. But I wonder if they realise that there have been more than 20 trains out there that could have made them millionaires.

They have managed to miss at least all these, some of them as recent as July last year. It is not that you missed Bitcoin, is that you (and I) just missed many many others Roll Eyes



NXT          2013-09-28            +1084215%
IOTA         2015-11-25            +418179%
Neo           2015-10-01           +354482%
Ethereum   2014-07-22           +265772%

And the recent ones...
Populous      2017-06-24          +12181%
QTUM          2017-03-12           +10091%

Be honest to yourself... you did have a chance!

They did not really miss bitcoins even though they did not invest a huge amount when the prices in the past year are low, they can still invest today in the market and start trading in order to earn profit daily or monthly.
391  Economy / Speculation / Re: Expected predictions on: April 23, 2018, 08:22:20 PM
I will wait for that time to arrive, because I believe the bitcoin price by the end of 2018 will soar.
I will keep the spirit to collect coins for my future.
although this month, bitcoin prices are worse than December of 2017, but I still believe it.
Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)

The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last.
Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year.
"Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com


I also believe that cryptocurrency will reach 60k dollar this year because there are different speculations about the growth of bitcoins and it might surpass 20k dollar before 2018 end so keep on holding your coins today.
392  Economy / Economics / Re: Facebook accepts Bitcoin? on: April 23, 2018, 08:16:19 PM
Hello all,
I hear of some rumors that Facebook is going to accept BTC in the near future Smiley Am i late with this news, or just misunderstand ?

BR,

Gondel

I think that it was just a misunderstanding and facebook will still not accept cryptocurrency on their own site since most of the social media's today are banning any advertisement about cryptocurrency.
393  Economy / Economics / Re: Will Bitcoin become a long-term trusted store of value? on: April 23, 2018, 08:15:25 PM
Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Yes it will be a long term trusted investment, the price of bitcoins today is increasing continuously and if you are going to invest today then there will be a huge chance for you to get wealthy in the future just like what happened to other investors back in 2013.
394  Economy / Economics / Re: The best way to manage free money on: April 23, 2018, 08:12:36 PM
Lending cryptos can be a good option out of the list
thanks. right now I am trying to learn this. and compare the risks

Best way is the invest in the crypto currency like BTC i guaranty it
can you tell me, what kind of invest can I do with BTC? honestly want to have a lot of BTC, but I see BTC price is too expensive for me. but I will consider it if it finds a good way to be able to earn profits with little risk.

I would prefer cryptocurrency since prices are low at the moment but if you have that much money then i would suggest to divert some of your funds to other investments. For me gold and property would be at the top of my list other than crypto that is.
for some people may not be too much, about $ 50 000. but for me this is a lot, but free. I get from bounty ICO for almost 1 year, I'm interested in property, but I have not understood the legality of ownership, and how to sell and buy it, it's not as easy as buying ice cream. and it does not seem to be easy to resell it when I suddenly need a lot of money. but thanks.

Bank deposit and lending will be only good if you have a small amount to place because the growth is very slow and there is only a small amount of increase on your investment while investing on cryptocurrency will give you a huge amount of profit in the market if you really know how to trade well.
395  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: April 23, 2018, 08:08:45 PM
I don't trust all these HYIP websites and I'm looking for a more reliable way to invest.
Any suggestions?

I highly prefer that you should use your cash to build your own mining rig in order to earn cryptocurrency passively, the from there you can start trading in the market or become a holder and wait for the prices of your coins to grow even further before selling.
396  Economy / Economics / Re: when you sell out of panic, you are contributing to the dump! on: April 23, 2018, 07:57:39 PM
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!

Panicking is not the answer in the market because you will only lose a huge amount of profit if you sell your coins at its lowest price, the best thing to do is analyze the situation before taking actions in order to reduce the probability of losing more of your investments.
397  Economy / Economics / Re: Factor to Consider on: April 23, 2018, 07:53:45 PM
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

There will be always different between those market's but what they have in common is the concept of supply and demand, always try to look on a market that has more volume of the current coin you are interested because in this way you can expect that the price will be higher or cheaper depending on the season.
398  Other / Archival / Re: Help a Beginner to understand... on: April 23, 2018, 07:50:50 PM
Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

There's no need to help a beginner on he's own path of becoming a cryptocurrency investor or traders, there are a lot of guidelines on the internet and he can follow this rules to become successful in the future.
399  Economy / Economics / Re: Why do big corporations accept BTC? on: April 23, 2018, 07:46:14 PM
Hi there,

first off - @admin, Iīm not sure if this is the right forum category, so please shift if unadequate!

I wanted to know why big companies like Microsoft, Paypal, Overstock and now consulting firms (with PwC HKK) accept BTC as a payment method? Regarding the latter, itīs due to increasing cooperations with start-ups that operate with BTC as main payment, but regarding the others?
From my point of view, companies with sizes like the above mentioned (refering to cash flows and generated income) are normally risk averse and therefore it seems counter intuitive to me to accept BTC as a payment method due to its heavy volatility.
Moreover, not knowing how regulation might influence the outcome for BTC is another argument for not accepting it?!

This leaves me with only one (rather) simple solution, which is that they are convinced of BTC price rises (in the short-term at least), or even a bit more fare-fetched that they are convinced of BTC as "the new digital currency" or similar.
But thatīs not plausible for me!

Does somebody know how much BTC Microsoft or the others generate with the exchange of fiat to BTC and vice-versa?

Can someone please help me out, itīs really grinding my gears  Huh Huh

Thanks a lot Smiley

Cryptocurrency can affect the business on either positive or in a negative way because the price is volatile and if the market price of bitcoins has changed drastically then business will have a hard time to catch up and they may lose their own business.
400  Economy / Economics / Re: Can bitcoin help poor children in underdeveloped countries? on: April 23, 2018, 07:43:21 PM
Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.

Yes it can help poor children to have shelter and other necessary things that they need but it will take a huge amount of time before people can get profit because the market is volatile and they need to wait for the price to increase t o earn profit.
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