Why cryotocurrency is useful?
What do you like best about cryotocurrency?
What makes cryotocurrency better then fiat?
First i like cryptocurrency cause there is so many companies that offering unique project and i do think cryptocurrency are a trusted money which we can see how much the circulation and how much the total supply which so different from fiat currency. Crypto could be the way to make cashless society which hold money isnt really good and this the safer way to hold money eventhough there is still potential to be hacked but we do developing and i do think we would found the solution. |
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The fact is that we all love Bitcoin, the cryptospace and the "good" altcoins but this year has been very rough and tough for all of us with some of us even thinking of leaving with the small we have now. Now something has got me thinking very deeply. This year has been going in almost the opposite way as we thought. Whenever we thought there was going to be a rise, then boom!! we go down the hill into the valley. So i just pondered over these and found out that we need to give the market a new eye. We need to start thinking in the way of the whales. To better get what I mean; go through the list below and look at what the market went through during those times. - Chinese new year - Coinbase announcement of some coins on coinbase - Consensus 2018 - End of financial year - Tax return time - World soccer cup (well, i didn't expect a bullish era though! but others did  ) - Coinbase announce of add some crypto again - Bitcoin ETF(Whiis killing us currently). and many more... Well, what next ......what will make the market red again...  So I'm confused- are we being played on our minds or manipulated to be off track or it's just bound to happen that way. Because to me this coud be a big time manipulation other than using pump and dump groups. All that will be needed is for the whole crypto market to think in one way and you'll be good to go. We hope to see some green light very soon. Well good news usually considered as market manipulation, and manipulation is a common things in cryptocurrency and thats what makes the market so volatile. But still i think someday crypto price would be stable when ETF are approved and ETN, and when nasdaq and wall street sell cryptocurrency and crypto become more common in our daily life, i think it would be more stable like market stock. |
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I think gold is already become a good asset for investments and its become a main set for most people. I got a sister and he would choose to invest in gold rather than on cryptocurrency. I do have a lot arguments that investing in gold is useless and would not bring you any profit but she still not agree and still think gold is the best investments cause its low risk and she do think it will bring a lot of profit if you buy gold. I do think older people do love simple things and cryptocurrency that need a lot of study and need a lot of things that makes it complicated is not good for older people and thats why they do prefer to invest in gold rather than into cryptocurrency.
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i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys
I think its not really matter at all, hold bitcoin and ethereum both will bring you profit and approximately they have same growth rate. If you wanted to gain more money maybe you should invest on ICO instead, a new coin have a lot of possiblities and also great risk, but if the project really success and its hype it would bring you a lot of ROI. |
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The end of the year always bring good sentiment towards bitcoin, i do believe bitcoin still low right now and this is an opportunity to buy before ETF is approved and bull run might happen again after that. Market will definetly recover and i believe we would see it when bakkt launched in november, and in december we might see announcement of etf and in febuary nasdaq would start sell cryptocurrency. So many good things in crytocurrency right now so i think right now is definetly good time to buy.
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I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
No i dont think there is someone who actually control the market. Its true crypto are easily to get manipulate by someone who are famous or some whales that got so much money in crypto, but despite all of that i believe the community who control the market. |
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Lets get discuss about the differences between the developed nation and the developing nation.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
Yes its true and goverment in developed country are provide more services into their people compared with developing country, and also many economy sector in developing country are owned by developed country. In education developed country are more into skill and knowledge, in developing country we are learn almost everything and we are more into common knowledge rather than specialization on certain skills. |
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Well i wonder is it profitable, cause i think people need a proper Hash rate to gain a profit cause it will takes a lot of power, and i also think your PC could blow up just because you use it for mining.
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I don't think so. The only difference is that time ago you could participate in any campaign, but now to avoid scam campaigns you should do deep analytic before joining the campaign.
Yes i am agree, many scam so you should choose wisely which bounty you need to support, I think everyone feel the same that many bounty hunter not get paid cause they join scam ICO. Right now we need to be smart and also doing a research like an investors. I think it ended a long time ago. When the price of ICO on the floor is reduced by 90% value. No one buys, bounty hunters sell at all costs
There is still good ICO out there believe me, you just turn out to be not lucky i think. Soon market will recover and also we will get paid properly. |
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Its normal though and i do love panic sellers, panic seller is really weird cause they invest and they sell immediately and they think its good to sell their coins even though they losing money cause they think its good to get out before its too late or its best way to do and they thing they doing cut loss to prevent more losses.
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
Just because some one stated that we dont need bank doenst mean it were right. I believe bank still become crucial in economy, people need to borrow money from bank to make business can keep developing and able to compete and also make a fast liquidity. I still think bank is really good and still needed. |
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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?
Well The challenge is the number profit you can generate is not as good as the time you spend on it. Sometimes you already give all you have and trying too gain a profit from investments and its turn out just wasting of time, its the same when you open a businesses the challenge might be there is competitor with big capital and you might got defeated cause you not able to compete. |
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bermonths do you think this is the beginning of increasing market value?
so I said because I want to invest now! I will make sure that my investment is growing.
Please give me advice so I will not lose money.
Yes i think its, Many good things will coming, the bitcoin ETF announcement will be in the end of september, but im not sure it will be approved or be postponed. In november there will be Bakkt which a great exchange in my opinion that could attract many new investors. So i do agree this is a good time for you to invest cause many big think could soon happen in this month and after this month. |
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An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
Well right now our fiat are really weak against dollars, I dont know what cause it or maybe its common things among other country that affected by the impact of the trade war between US and china. The current economic situation of my country is being developed quite well. A lot of foreign investment has poured capital into our country. I hope the economy of my country will grow strongly.
Well its good to have so many foreign country to invest into your country but sometimes it could turn out to be bad. In my country almost all big company are belong to foreigns which i think its not really good at all. |
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if crypto replaces fiat then there will be many obstacles that will be experienced by many people, to access someone needs a good internet network, besides this crypto is not suitable for macro transactions.
Yes there will be many obstacles to teach people how to use cryptocurrency and also how to make your fund safe. It would be really hard in my country, cause the fact is there is a lot of people in my country even not have a bank account and also there still a lot of people that uneducated, so i think it would be hard to make it real, especially in my country. |
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Yes they do will be leave behind but soon they will adapt and i do think the goverment should help them and eventually i believe all people could use cryptocurrency easier.
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What coins do you suggest for long-term holding? Bitcoin and Ethereum excluded.
1. XLm is a good one cause partnership with ibm and they do build a payment system which is very good for me. 2. I invest my money on UBT. I invest in ubt cause i believe UBT will be big in german and they will help so many enterprise in blockchain implementation 3. Universa a new blockchain project which are about to become hype, it were listen on coinbene and about to listed to bitfinex, so i see some potential in this project and i also think blockchain project will become the best project to invest and this is the new one and under valued. |
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The death of Ethereum is inevitable? Can ETH on the price of $100? What's going on? A lot of criticism and project ICO
No ETH already bounce back into $219, its not dead its just ico that are dead, they dump the ETH that they got and make the market really worse, i think right now the dump is over and there is so much investors started to buy eth for investments purposes. I think this is the bottom and eth would not ever touch $100 again. |
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We do need stop to be panic, im agree. People are being too much to hope bull run keep running on. If you following the news about cryptocurrency, you would not be afraid cause there is a lot of new good things a head that will support cryptocurrency. For example crypto are become legal in thailand , bakkt exchange by NYSE, microsoft and starbuck, bison exchange, goldman sach trading desk, and also coinbase will soon approach the ETF. Blockchain will become big in future and will be use in many cases of our daily life. I strongly i agree with you, cryptos is here to stay, it doesn't matter the current condition of the market, just keep believing, in the coming years, cryptos will be worth so much, just some patient for the space to mature.
Yes market still not mature maybe in 2 - 5 years market will become mature, and we will not regret our decisions to invest on cryptocurrency. |
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