Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?
if you know how the money goes in and out, you can now enter a business. You are aware to every price movement in your environment and you also know the supplies and demands. with that knowledge, you can enter business and become successful. |
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There was a time where Bitcoin was not even on the radar, it was a novel idea that was primarily used by thieves and drug dealers on the dark web. Nothing to be afraid of in terms of holding a monopoly on money. However, that same little upstart is now disrupting the system of things; from Bitcoin and other cryptocurrencies, ICOs and the ever impressive Blockchain technology. This is now a legitimate threat on traditional banks. Banks have existed unchallenged for hundreds of years, and that is the key issue here; Bitcoin, backed by a solid platform such as Blockchain technology, is a ghost that is incredibly hard to control due to its decentralized nature. The power and control of money is being ripped away from traditional institutions, which can also be seen on Wall Street. Some of these traditional investors are siding with what could be the future, while others vehemently denounce it. Individuals can now enter into direct peer-to-peer trusted exchanges with strangers. They no longer need a central institution to vouch for the other party. Just like the fax machine, the library, even metered taxis, new technologies have come along and made others obsolete. Banks are now in the sights of Bitcoin and are in their death throws, as they lash out with the power of states behind them. However, there’s no stopping progress, and even with state-backed regulations trying to wrestle the money of the people under control, banks have every reason to be nervous. Full news https://www.cointelegraph.com/news/why-big-banks-are-so-nervous-about-bitcoinIn my own opinion, i think they're afraid because the physical money might be gone when the cryptocurrency or digital coin will be implemented in their country. |
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The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:
2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+
Do you see something frightening in it?
We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?
In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!
So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.
Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.
What do you think about it?
They are just scared on what will happen on the bitcoin in the near future. But don't worry, this event is kinda normal because it is market. |
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My answer to the principle is: NO
Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.
Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.
BUY BITCOIN TODAY AND ALWAYS.
For me, i think bitcoin will not become outdated because it is the pioneer of all coins and the most trusted coin in cryptocurrency scene. Even if it has UPs and Downs i would still invest in Bitcoin. |
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
I think in investing with small capital, you should be sure on every investment you're going to make because you only have low capital which means you can't commit mistake with it because it will be gone. Unlike with big capital, you can just try and try until the investment becomes successful. |
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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.
I really don't know. But i think, the market price will go back to it's original price after how many months. Since the BER is also coming I expecting that the price of the coins will go high. |
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It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.
Bitcoin is a part of digital money. How is digital money is your country ??
I think digital money will be good if it's implemented. It will make all of the transaction easier to do. But, I think it has a negative side also which is i do not know. |
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here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.
any suggestion on how you save your money?
For you to successfully save money, spend your money properly. you must think twice before you buy an specific item because it might not help you out and you just want to spend your money. |
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The main reason for prohibitions is very simple. Transfers in a currency different from the national one, lead to poor economic performance, including GDP (one of the main indicators). This way, it is easier to launder money or transfer funds outside the country. Neither banks nor payment processors will get their interest.
McCall Robinson a manager of Merchant Accounts, believes that most countries prohibit Bitcoin because it cannot be regulated and he said that. "Many governments do not like the very idea that there is another form of currency that they are not able to control. The supervision takes place on the Internet. Some countries consider it as danger to their society and government.
I think other countries ban cryptocurrency because of the negative thinking on their part. They still think that this crypto will give them a negative effect in their government. |
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Everywhere you can find cryptocurrency topic especially ICO projects are doing well on the marketing through social media like facebook, twitter, reddit, linked, youtube and etc. Celebrities, influential individuals and high ranking government officials are talking about cryptocurrency and that is why i think cryptocurrency is a trending topic all over the world. Do you agree with me? Even haters help cryptocurrency to be known all over the world so let just leave the haters then.
They are really trending today since there are a lot of people that are not that afraid to share their experiences with bitcoins and all the other cryptocurrency not unlike last years when those people are just silent about what is happening to them. But the people today are really expressive they are posting it on social media that takes a lot of attention by the people. |
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So guys, what do you think about investing in different icos? I think it's a good idea. We never know which will take the lead in the future. Please help me and give me good suggestions!
It can be it can happen yes we all know that nothing is impossible especially in yhis business that all yhings are volatile and all the prices are depending on the demand of the people but it is just that the bitcoins are well known and well trusted in this league so it is hard to take away their loyal customers especially nowadays it ia hard to trust a platform |
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Hi, guys. I have an idea how to stop the scam-projects. I have the team who is developing MVP for this idea now. Release of beta-version will be soon. Please, tell me would you invest in a project which: 1. Has a really working MVP 2. Unites all of stakeholders in the ICO market 3. Stops the scam-projects 4. Creates a marketpace for easy communication and cooperation What do you think about it? Update:We are developing a social network for crypto investors, asset managers and ICO-projects. Our main idea is to collect all ICO-market participants in one space and obtain a scale effect. Based on this effect, we are going to create services that allow users to trust each other and to provide scam protection. The social network’s main audience is crypto investors, and we offer the following advantages for them: 1. Service of scoring and scam protection 2. Successful asset managers and the opportunity to transfer money into trust management 3. A large number of useful materials and familiar and convenient interface More information how everything works you can find here - https://telegra.ph/ICO-scam-protection-08-28The branch of the project on the GitHub is here - https://github.com/pyshopml2Now all the forces are concentrated on the creation of MVP. Therefore, we don’t run any social channels except bitcointalk. This channel is also being tested. We want to understand how much our product will attract a potential audience. The release of MVP will appear within two months. We will be answering all the questions in this branch within 24 hours. Also here you can find all information updates. Thanks for your attention! That is true it is very disappointing to have and to experienced and to be a part of a scam like what is happening to me last campaigns that I've been through and most of them are just a scam that sucks because you exerted an effort and then what happen is it is just being wasted because you will not receive anything in exchange knowing that you supposed to receive profit |
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I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins. The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands. <Newbies & Speculators> I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^ Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic. The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip>  I can agree with you because most of the people who get lost in here are those who are soft hearted. No offense but I do not say that beibg soft hearted people is a bad thing but it is just a bad habit if you are applying it into your business especially here that only tha toughest will remains because there are a lot of challenges here like scams and price falls but it is up to you how to handle it how to became successful after all. |
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Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
Yes it is good for the bitcoins because they really need some true supporters right now not just bandwagon peoples that are just here because os the price are high. And besides true investors wants the bitcoins to fall for them to put their money again or buy bitcoins in a muh cheaper price but the new comers do not realize that thing. |
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It was an unfortunate event that i was able to join an ICO campaign that was really not good in terms of their management. They are requiring to do the bounty hunters a KYC process as to help them identify the real bounty hunters. Well that is good though and i am confident that i am able to comply in the KYC process. However, a couple of months pass the team requires the bounty hunters to contribute with 0.1 eth and that time I was about to think why when in fact they will do KYC? So i think there is something fishy out there in their ICO and i quit joining bounty campaigns. I posted more than 200 post for them but sad to say my efforts had gone to nothing. I am afraid now to join ICO bounty campaign. Should i quit? Well anyway i found SONDER and this time i am sure that i have joined a good ICO having a live sales which sold million of tokens in their private sales. No question with the success we are almost reaching the soft cap and i am planning also to invest with them as the team told us that our contribution as eth increases so does our tokens. WOw i am really impressed with these ICO. The team are working hard and i am happy and great to be with these team. I finally found the one.
I also think of that before because I am not gaining anymore in these campaign because I am always being a victim of a scam so i somehow lose hope and get tired but then again I realized there is nothing I can lose in here instead of gaining nothing then I will still continue to do bounty until I gain money again instead of just doing nothing and gaining nothing |
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Hello, why everyone is so afraid of crypto market falling again? I think this 1000$ bitcoin growth is the new beginning of rapid growth of all crypto market! Guys don’t be so depressive, stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer!  Do nit oanic ne professional even if you are feeling the pressure still do not panic sell because that is just an initial response for those people who are not gonna last in this business. You need to have a lot if courage and just trust the process of what is gonna happen I am sure that the bitcoins are all the cryptocurrency will make it through the yop again it is just testing our faith |
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Hello everyone!
I am talking to quite a few people who are investing in crypto and notice that very few have a broader investment spectrum. People either focus on ICOs, some small caps, others play it safe and stick with the high caps or established projects.
But hold on, is the later really playing save? In my view, even with high caps you will still be massively exposed as you have all of your eggs in one basket. Namely in the same market. Different eggs in size and colour but all eggs. If the basket falls, your eggs still get crushed.
As mentioned before, I am trading stocks for over a decade and crypto since last year. I also agree that is easier to trade stocks, simply because the volume is so high that a few whales or big investors cannot influence the market as easily by dumping their shares. The stock market is also much more regulated, if someone is being caught doing washtrading or spoofing the consequences are dramatic. In the crypto world manipulation is something that poses a constant threat. Just look at the market now, the recent dip is not tight to any event, news or even fud. 25 billion just disappeared and people are wondering wht‘s going on.
Long story short, it‘s great you have a diversification plan but also think about moving assets from crypto to fiat, stocks or raw materials and precious metals.
What is your view on that?
Maybe necause it is in demand right now that is why a lot of people are investing in them and beisdes it is much easier to do and handy too. Because for example you wsnted to invest in a bank of to invest in a thing like gold. So you need to go to a legit bank and go out of your house and then if a gold then you need to have a vault in order to hold that while in cryptocurrency you just need a mobile phone and you are good to go. |
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Eight months ago, my financial situation was not good at all,
I work that way, My income was about 45 to 50 dollars in the month,
I was disappointed with my income
Than a friend of mine suggested me to work with cryptocurrency. But I had no idea about cryptocurrency. Gradually, I learned to understand a lot about cryptocurrency, cryptocurrency gave me success in life, Now my income is 800 to 1500 dollars per month. Now I am very happy and now I believe cryptocurrency may change the financial condition
It really does especially if you make this as ypur career just like what mt friend does. Because at first we just both join in some campaigns as a participant as a bounty hunter or translator then as he save all those money he gain in those campaign he started doing trading and that really keeps his money growing and he us lucky in that thing unfortunately i cannot manage those things |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.  I think whats happen to bitcoins is what happening to the economy. The price are inflating because of the demands of the people when the demads are falling it means and expect that the price will also fall because the price are directly proportional to the price so i think the main contributor of the inflation is those people who panic sells their coins they are the people who sells even if the price are down |
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