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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It seems that fiat currency has not fallen especially in the near future, because we all know that changing the world trade system that is now a modern trade which is now being processed with a very modern exchange tool, bitcoin is still very difficult, especially in countries that strongly reject bitcoin, but slowly but surely fiat currencies began to be replaced with crypto currencies, maybe if all countries start to open up to crypto, it can be confirmed that fiat will start to be replaced ... |
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very necessary regulation for bitcoin, all countries should open up equal opportunities for digital currency systems, because the existence of regulations in all countries can make trading in all countries very easy, because bitcoin does not require third party intermediaries that are needed by large traders is a fast, practical payment and is not hampered by all the rules in each country, hopefully in the future regulation of crypto can be realized ..
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yes, gold is safer than money bank deposit. The best way is to hold a certain amount of gold at all times. One of the real benefits of gold is that you can own and store your own in a safe place because they are very compact. And in any event of a recession or financial collapse, they can be used as a commodity exchange.
Empirically, they are very safe in maintaining value stability and full accountability in personal assets, but there is a negative stigma that gold and silver are too dangerous if stored in large quantities in one house, the real insecurity comes from the fear of being robbed, and even too difficult to make large transactions with calculated weights. |
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This is the time also that we accept the reality, even though digital currencies not takes place over fiat but it is necessary to be a part of this. Blockchain technology bring us into a new beginning, having a new life style.
even though I don't like the banking system, but the world needs an independent system where blockchain is able to make everything transparent in every transaction that happens, but blockhain has a process loading problem if it experiences a surge in transactions, this is a big problem if the world starts using it massively, at least this needs to be handled first. |
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2017 changed my life thanks to crypto. Many people in crypto make the mistake to go in projects that are already high. Maybe most people are just too lazy or dont have the time to analyze and look at coins below the top100 at Coinmarketcap  Colx combines Monero and Raiblocks and will x100 in 2018. But I think we will see many cheap altcoins explode in 2018, while Bitcoin stays relatively stable. Agree or disagree? Fully agree, in the world of trading positive thinking is indispensable, but we are always careful when making decisions, do not rush to act if you do not want to fall, the world of crypto currencies is very unpredictable in rising prices, smart actions can start by taking Real sample steps, making more detailed observations recommended. |
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In advance countries, the use of cryptocurrency as a means of daily payment like taxis,restaurant and other essential services are increasingly becoming enormous. It is a good news for the cryptocurrency community since such move put a positive spotlight on cryptocurrency.
countries that reject the use of bitcoin should begin to imitate developed countries, see the enormous potential that can be obtained in the use of bitcoin currencies, besides being able to get income from tourists who will enter the country, by providing facilities and infrastructure for the use of bitcoin widely, it is certain will be the main attraction of foreign visitors. |
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Cryptocurrencies were created in order to equalize all people.To exclude the participation of a third party in the transaction.To blur the boundaries of payments.I believe that sooner or later this will happen.
indeed cryptocurrency was created to replace the use of conventional currencies which are often played by large countries, the cryptocurrency eliminates the potential for mastering one of the countries against the circulation of global money, eliminating barriers between countries which are usually always filled with various interests in the future if cryptocurrency has been used all over the world there will be a similarity in the exchange rates of all countries and if that happens the world of world trade becomes more competitive without any trading game that is detrimental to one party. |
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Yes, we definitely need to be very careful when moving in the crypto money market. Things can go a lot worse.
business in crypto is indeed very risky, one of the few decisions we take can make a lot of losses, but it all depends on how we follow price movements from time to time, before we buy we have to predict the potential of the currency, what is the price potentially rising or even falling, we must always discuss with temperature and always learn to learn and learn, of course we can avoid bad risks. |
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Cars are dangerous. Cricket bats are dangerous. Bread knives are dangerous. Anything is dangerous if you don't know what you're doing and are reckless with them. When you trade you're essentially gambling so people need to realize that because we all know gambling can be dangerous too and if you're reckless or don't know what you're doing then you can lose your investment very quickly, but this isn't limited to bitcoin or crypto. It applies to all investments and people need to realize crypto isn't a magical money making system.
Crypto is dangerous, depending on our perspective on a problem, the community is very aware that crypto is just a product and a product can be dangerous or profitable depending on whose hands, we have to look at the good side of the crypto currency system that offers many conveniences for business, especially the ease of transactions that must be used by us, because the currency that we must use in the transaction does not seek profit from the movement of the currency's selling value. |
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I dont know did you watch or not, Cliff High published a video on Youtube where he said that Bitcoin will reach 64k price till mid April 2018. I am not sure if it is possible or not but in my opinion price makers wont let the Chinese investors to buy bitcoin such a cheap price like 7k-8k USD. I am really curious what people on here think about that ?
the name is also a prediction, which of course is only someone's imagination, we must not be too carried away by predictions without we seeing something tangible in supporting the problem but optimism is important, but having to measure potential predictions is more important, because if you miss it too far later the consequences can be dangerous in the world of buying and selling, because many parties will make wrong decisions and can cause huge losses and can cause bankruptcy. |
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If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.
I think we just invest in bitcoin, we buy now and we wait casually don't think negatively, we keep it for a long time, ten years to come if you look at the price of bitcoin you will see a very large increase and you will become a new millionaire, good luck, if you have guts. |
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Yeah I meant Every country don't take it as a legal currency to do their general transactions.. Indeed, in this world there is not a single country that makes bitcoin their currency, but many countries allow bitcoin to become an alternative medium of exchange, bitcoin is a global currency and cannot be regulated by any country and many features of bitcoin. offering the convenience of unlimited transactions between countries and without complicated regulations that always disrupt the global trade sector, which is certainly a factor of security and confidentiality of its users which makes bitcoin attractive to many economic actors in the world. |
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I am seeing this also another bull trap. this is also for temporary purpose. do not invest in the edge/highest peak that will the stupidest work. observe the market.
i am holder so i always refrain from day trading. how about your view this green signal ?
Green trends must be addressed immediately because in the world of trade if our target is to pursue profits if prices go up, we have to sell even if the profits are small, but we can invest money in other cheap altcoins with potential price increases, so taking action quickly will get good results, we must always monitor the movements of altcoins so we can take steps quickly . not deceived by predictions of big profits but instead fell into a big gap. |
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I am not entirely surprised by this at all actually, anecdotally I have always felt people who achieved success where mainly in the right place right time. Whether that be born to a certain family or class, or to a certain country, or area of a country, these things all effect where we will end up. Good to know us average folk can still make it in this rigged world  I do not agree with the term, being rich because it is determined by chance rather than intelligence or talent, we who are in developing countries have a lot of wealth or results that can only be achieved by the hard work of struggle who do not know desperately, in our country there is no such thing as rich by coincidence because there are no miracles there are only struggles to get results. |
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Although Bitcoin exists for almost 10 years, its role in our life is still unclear. One of the theories states that Bitcoin was created to solve the problems which fiat money cannot overcome. We can see how so many Governments have huge debts and how some countries cannot support their own currency (Venezuela might be the best example now), so Bitcoin looks like a possible option nowadays. Getting rich was never the goal for Bitcoin. It was meant to become the currency of the digital world and provide an alternative to the dying economy. So the question is, how do you think, should Bitcoin replace Fiat money, or there are other options of how it could be useful to the society? Edit: To give you more food for thought, there is a nice article about the history of the creation of both Fiat and Bitcoin and their detailed comparison. indeed the world needs a single currency and cannot be monopolized or controlled by any country, and I think crypto currencies are very potential to become a single currency, and there will be no more countries experiencing hyper inflation because all currencies in the world are the same. So, there must be a common desire of all countries to change if they do not want a large country that can monopolize currency circulation, and all countries must support the use of digital currencies. I think this needs to be fought for. |
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A lot of people successful without nothing.
We're basically, all the same, were born the same without any knowledge or achievement. the difference is that our efforts to succeed.
I do not agree with the term many people succeed without anything, if we see a lot of people who succeed it must be because they have used all the capabilities and effort as much as possible, and it is also done for a long time, so like crypto currency, can have value high that also goes through a long process since bitcoin was created by satoshi nakamoto in 2009. |
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I got into the bitcoin again last year after losing all my 4.5 bitcoins to ponzi schemes early last year. I bought in bitcoin again at $20k. Now bitcoin is $6k+. I'm regretting my actions.  do not be surprised by the business world, because all are full of risks if you make a sale and purchase you must be prepared with profit and loss, so what you do is one of the risks, but do not quickly despair because it may be the price decline that occurs now is the beginning from the resurgence of the cryptocurrency currency, so be patient and don't retreat we must be able to take lessons from this problem. |
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Well being a want to be millionaire is what pushes every industry, there is no harm in it. Henry Ford didn't make the assembly line for the good of man he did it to produce more cars cheaply. Innovation comes from an attempt to outdue the competition and win.
that is the world of business, there is indeed no word of peace that is only profit and loss, but for those of us who still have a conscience, profits in the field of buying and selling must be balanced with the effects we have to think about whether it will harm many parties for the benefit of a handful of parties, or we can make many parties feel lucky it depends on ourselves, to be fair in the business world that we must do, the effort we do should be able to benefit others without making us lose. |
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They will eventually tie your name to your Bitcoin address. Before you tell me hell no it wont work look at all the fools signing up for KYC for a few pennies. Now imagine the government threatening violence and jail time if you try to get around the system. 99% OBEY. Now your stuck in the perfect tax trap with every transaction being recorded and public.
Is the tax system so scary, I think it's just the opinion of a small number of people, especially people who have tax problems, for taxpayers I think this program really supports government revenue and of course we can participate in developing government to record every transaction I think that also does not become a serious problem as long as we move in a field that does not violate the law. So about bitcoin users who will be recognized as taxpayers, we consider something normal. |
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That is a great way for the European Union to finally clear the way of the usage of cryptocurrencies in the Europe. Actually even before this some european countries are accepting Bitcoin and other cryptocurrencies as a mode of payment, I haven't seen any news lately about how this countries see Bitcoin as a illegal form of payment. The EU tackling this issue is finally putting some kind of standard or a go signal for countries who are willing to take advantage of the blockchain technology plus their words are sort of binding when it comes to international law.
very good signal, I think by supporting crypto currency many governments will take advantage of various types of users, for example the government can apply taxes to owners or those who buy and sell using digital currency, the government only studies and analyzes the circulation of money, and I think tax income from the business of buying and selling between countries using digital currency is very large, and that will definitely increase state revenue. |
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