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41  Economy / Economics / Re: important point on: September 07, 2018, 09:53:29 PM
I am sure if the government accepts bitcoin then its people will be far prosperous and sufficiently. The countries are liable to increase per capita income. In addition, transactions in the country also become easier, cheaper and faster.
yes, I'm also sure that if the government accepts bitcoin, the country can be helped if the country is involved with economic problems, because bitcoin can be profitable for investors
i think government is still looking for the right policy to legalize bitcoin, besides they wait and see its development, because many developing countries are not ready for many things if legalized

That will be depending on the country you are on because most of the people in the corporate world today does not have the same opportunity since other countries are banning bitcoins on their area.
42  Economy / Economics / Re: Trading Bitcoin for real estate? on: September 07, 2018, 09:52:26 PM
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

I prefer to hold my coins rather than investing in real estate because the price increase of a lot is not growing immediately and it takes years before you earn profit so i always prefer bitcoins or altcoins rather than real estate.
43  Economy / Economics / Re: How Long Crypto market will take to recover? on: September 07, 2018, 09:47:27 PM
We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter,  My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.

The market is based on supply and demand so obviously we need more investors in the market in order for the price to pump up again and patience as well to avoid losing your coins when the market is currently dumping the prices.
44  Economy / Economics / Re: Bitcoin's High Volatility on: September 07, 2018, 09:45:54 PM
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.

High volatility is necessary in order to earn more profit and it will benefit the daily traders in the market since they can always monitor the entire exchangers.
45  Economy / Economics / Re: Bitcoin after several years? on: August 31, 2018, 05:42:08 PM
In the future, it is difficult to predict because the bitcoin market is very unstable, but I think that with the current technological development, bitcoin will be popular, and it may be the currency of the market in the future.

Actually, cryptocurrency is really unpredictable, the market will pump or dump depending on the situation and that is the reason why you should always hold your coins.
46  Economy / Economics / Re: Trumps effect on the economy. on: August 31, 2018, 05:29:46 PM
I think Trump's is a person especially chosen for filthy jobs to be done for the American economy. This man is not afraid to poison the world economy.

Trump can manipulate the market price but he will never tamper crytpocurrency as long as it will not affect the economy of their own country.
47  Economy / Economics / Re: Please, we should not totally eliminate fiat currency on: August 31, 2018, 05:28:30 PM
From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.

Yes you are right in that case people will still wanting to use fiat in order to survive but for those who are able to invest on cryptocurrency then they are in a huge advantage.
48  Economy / Economics / Re: My Advice on Investing in Crypto on: August 31, 2018, 05:22:27 PM
the most important advice when going to invest in cryptocurrency you should be able to be more patient and be able to control the patience you have because if you are easily affected by bad news then you will get a loss.

Yes you are right, being patient right now is more important rather than having a strategy since the market is volatile and you will never determine when the market pirce is going to pump up again.
49  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: August 31, 2018, 05:21:35 PM
They can be hacked into those purses that are not protected by a hardware key. You need not be lazy and order yourself this.

In my own opinion, cryptocurrency wallets can only be hacked if you accidentally logged into a phishing site but aside from that, using wallets like mew is very safe for different investors and traders.
50  Economy / Economics / Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price? on: August 31, 2018, 05:13:38 PM
So many crypto currencies are coming UP . They are much cheaper  than Bitcoin for now. It is so hard to decide  which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?

Those cryptocurrencies you want to mention will only grow if the price of bitcoins will pump up since ethereum is the base price of every altcoin in the market.
51  Economy / Economics / Re: it is possible fiat currency will crashed? on: August 31, 2018, 05:07:34 PM
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Fiat currency will never crash because there are a lot of people who are still using fiat to cover up their daily needs and financial problems, bitcoins will be always part of our life as well as fiat and banks.
52  Economy / Economics / Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip. on: August 31, 2018, 05:04:03 PM
Panic is part of every investment and for that market crypto enthusiasts are not an exception to this. It is normal to panic at some point when you see that there is no hope again. Most newbies do not have bitcoins but rather some cheap coins which are now really falling, there is no way you can allay this kind of anxiety this person may be having seeing his investments sinking. We just have to make feasible hopes which will help us to enjoy in future. Setting of too much higher goals can kill all your investments.

Yes you are right, the market is depending on demand and supply so you should always calm your self every time the price is dropping so hard.
53  Economy / Economics / Re: Which cryptocurrency should I invest in, in 2018? Why? on: August 31, 2018, 04:58:07 PM
If I were to prefer or choose the cryptocurrency to invest in the year 2018 ,Its etheteum I would prefer ,because this coin I think is also popular in this crypto world because of its multiple uses as coin, that is why ethereum is good to invest.

I prefer that you should invest on bitcoins because the market price is continuously growing depending on supply and demand so you will surely earn a huge amount of profit just like what happened last year.
54  Economy / Economics / Re: Is it true that a whale moved 8k BTC? on: August 31, 2018, 04:52:27 PM
I don't know if it is true or not. But 8k Bitcoins pumped them dumped is really destructive on an unregulated matket suxh as crypto currency. This could really plunge the market downwards, but then again imagining a millionaire juat staring at the trade screen and waiting for the right time to dump is unthinkable.
for now, bitcoin prices may be adjusting prices to stabilize at a price of $ 7k. well, we know that bitcoin has just arrived at that price, surely many people will think of selling assets they have.

The market is volatile so it was normal for the price to dump or pump depending on the demand and supply, just keep on holding your coins till the market starts to rise again in order to earn profit.
55  Economy / Economics / Re: Why most bitcoin users from good economies countries? on: August 25, 2018, 04:07:50 AM
I think the longer the time, the people in the small countries or the people in the backward countries will join in. Compared with other currencies, bitcoin is fairly fair to them. People in economically developed countries are only more developed in information, so most of them join, but I think this is temporary.

Obviously, everyone wants to invest on cryptocurrency, the hinder is only their own government who are not allowing their people to invest on bitcoins or altcoins.
56  Economy / Economics / Re: A cryptocurrency with volatility can't be used as money on: August 25, 2018, 04:06:40 AM
Are you pertaining to the inflation rate where the purchasing power of money decreases over time?. Example is that when you have a dollar you can buy a lot but now its just the same value of a candy. This is different from cryptocurrency's volatility. Its half investment either so its normal to fluctuate.

Some peoples hiding the fact that inflation always decrease our money value. Inflation always happen on fiat because central banks always print money to boost economic growth but fiat money always losing purchasing power

It was normal for inflation to happen since cryptocurrency is increasing its demand in the market and that is the reason why you should invest a huge amount today, in order to earn more profit in the future.
57  Economy / Economics / Re: Will the bitcoin be outdated by another currency? on: August 25, 2018, 04:00:13 AM
Bitcoin is going 9yrs old, so far no alts surpasses Bitcoin. For 9yrs it remains the king. While Bitcoin is going down, no alts remains strong. All alts are crashing too. This is the best indication that Bitcoin has no replacement.
The age of bitcoin is just a sign that it is deeply rooted in everyones heart.  It will not be disappeared if everyone is still supporting it. Though there are lots of potential altcoins but it is still not as strong as the king of crypto currency.

Bitcoins will live forever because there are a lot of people who are supporting it and some of the investors are always taking advantage of the situation where they invest a huge amount when the market prices are dumping.
58  Economy / Economics / Re: Banks admit they fear BTC on: August 25, 2018, 03:58:02 AM
Of course they do, it's a whole new system that surpasses them and it's not even for their benefit. Bank system is totally different, it'd hard for them to adapt.

Obviously banks will really fear cryptocurrency because the market price and growth of bitcoins is continuously growing, that is the reason why you should hold your coins today or invest even more in the market.
59  Economy / Economics / Re: Investors continue to invest in crypto-currency on: August 25, 2018, 03:34:49 AM
Yeap definitely we should continue to invest in cryptocurrency even if  the ETF is being denied. Anyway cryptocurrency has been operating already even without the ETF it is already establish and one good thing is that many are earning on cryptocurrency.

Yes you are right, you should focus even more on investing right now since the market price is still low since the value of bitcoins and other cryptocurrency will still grow in the market in the future.
60  Economy / Economics / Re: How much important bitcoin for entrepreneurs? on: August 25, 2018, 03:27:49 AM
World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life.  Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this  currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.

In my own opinion, entrepreneurs will just invest on bitcoins if they want an asset that is good for long term since bitcoins will grow in the future then they can easily expand their resources.
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