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4741  Economy / Economics / Re: Banks admit they fear BTC on: May 24, 2018, 02:19:50 AM
Go crypto and HODL my friends.
They fear crypto because it can save us
It can save us and it can also loose their business.
BTC itself is central bank, BTC is money!
If you ever experienced creating your own blockchain.info wallet, there's a quote there "Be your own Bank!". So having a bitcoin wallet is already having our virtual bank account so banks will be useless if everyone starts to put their wealth to crypto's.

 The new age of digital currency transaction is now facing a lot more of resistant from either the Government and the financial business institution. Yes, the banking system were affected upon entry of crypto currency market trading or the digital transaction, the global acceptance on Bitcoin is unstoppable on the trading market, and a lot more are just waiting for the right timing to put in their Bitcoin investment in the crypto currency market. Bitcoin suffered a lot of issues on Banned, Scammer, and now the issue on regulation on its digital transaction on Bitcoin, the price value of this coin goes up and down with the issues on the back grown on market trading, yet it remain stable, with good fundamentals, and increase level of confidence on the market treed.
4742  Economy / Economics / Re: Does this mean Cash will be extinct? on: May 23, 2018, 12:59:18 PM
Total removal of fiat from the society will do more harm than good.
No matter the level of technological development, not everyone will be able to embrace cashless transactions. And also, most services need to be paid in cash.

We don't really know what new technology may come out in the future though. It's possible that somehow in the near future, everyone will have instant access to a bank account or some form of savings account that they can use instantly with some piece of technology. For now, however, I agree with you that the removal of fiat would not fare well with society.

The entry of crypto currency in the trading market change the out look of business/ financial community globally. The FEAR of unknown was very much visible in the business world or the financial community. Yet, with the growing acceptance of  crypto currency transaction in the trading market, it lessen the Fear instead it was replaced by openly talking about the crypto currency investment in the trading market, what coin are good, with stable fundamentals, does increase the awareness of this digital crypto transaction in the trading market. We don't know if the FIAT money will be extinct in the future of trading market or even local circulation, Banking system will be affected and the possible effect on the Economy of the its country which is unknown to everyone. The time to replace the FIAT maybe not now, global market is not yet ready.
4743  Economy / Speculation / Re: 1 BTC = $7,992.71 should i buy and wait or on: May 23, 2018, 05:44:56 AM
1 BTC = $7,992.71 is it now the right time for a person to buy bitcoins and keep to earn more profits OR i still have to hold?
Considering the current market situation it is not a bad buy either if you are planning to hold for a year or you could even earn a couple of thousand dollars when the market recovers and propel back to $10k, another important thing is that when it comes to investment, you should not listen to anyone if you want to be successful as an investor, you need to have your own conviction. 

An investors decision before putting in his possible investment for Bitcoin, would required an in deep analysis of the market movement on crypto currency trading, the amount involved for possible investment on Bitcoin project, yes, the price value on the market, the fundamentals, its is for long term or short term investment. Maybe it is a good idea now to invest while the Bitcoin price value is low, but i would suggest that before you make such final decision for investment on Bitcoin, check all legitimate acct. as posted on the wall before you make a final arrangement for such investment, be careful on the scammer on the crypto currency market treed.
4744  Economy / Economics / Re: surprise 2018 on: May 22, 2018, 11:49:25 AM

The panic will settle, and the courses will go up again, you just have to wait!

A decline in crypto currency market price in the trading is always possible, its not a surprised, its a market reaction to either bad news or good news about Bitcoin project investment. What happened during this period is inevitable for all ALT coin on crypto market trading, almost all coin was affected the hiccups on the trading market, but now, its all just an history to look back, market recover itself, fundamental for investment are more pleasing for new investors, the level of confidence are more visible on the market, more investors are participating the Bitcoin project investment as posted on the crypto currency trading market. this would indicate that have a stable crypto currency market trading compared to what we have in the previous month. I am looking forward that this will continue further toward the end of this year.
4745  Economy / Economics / Re: China banning bitcoin exchages, good or bad? on: May 22, 2018, 09:29:35 AM
There are no sources and the are no announcements from the government yet. If this happen to be true though, I don't expect the exchanges to announce it. They'd probably just try to find a way to escape with the money. With many Chinese getting livid and asking the government to do something. Which is why I think the government wouldn't do it. They already have the power to halt activities in the exchanges if they see fit, no need to just shut them all down.

Bitcoin banned in China is now a history on growing popularity of this coin, yes, it was reported on the social network but the good think the crypto currency trading market had no reaction on the said news, with the global acceptance of Bitcoin or the more participated digital transaction on the treed, the fundamental are good, new project investor are just waiting to actively participate in the crypto market trading, this are all good indicator that Bitcoin is more stable and favorable to the Bitcoin investors. the level of confidence  are increasing does the level of awareness about Digital crypto currency transaction.
4746  Economy / Economics / Re: "Switzerland wants to be a crypto nation" Economic minister. on: May 22, 2018, 03:55:10 AM
Switzerland may be one of the most (if not the most) trusted countries for that sort of businesses. They have very low amount of governmental regulations compating to the other countries. They are staying away from most international conflict. And one of the most important things is that Switzerland  is not a part of the EU so european establishment won't have a power there.

 This is a very good news on crypto market world, its also an eye opener with other country to follow thru, and a welcome development for a lot of cryptro market investor. it only show that the global acceptance on crytpo currency transaction is getting more exiting, this help build more confidence to Bitcoin or Crypto traders  or investors. Once the issue on Banned, Scammer, and regulation are address in other country having digital transaction, it will increase the active participation on crypto currency investment project, a more favorable market trading for crypto, and the possible stability of the price value of all ALT coin posted on the market treed. I am optimistic some other country will follow thru to accept crypto or digital transaction on the market.
4747  Economy / Economics / Re: Crisis is Coming on: May 22, 2018, 01:25:27 AM
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 ....

Suddenly the Dow Jones index is very popular everywhere and I believe that this is also affecting the bitcoin or crypto exchanges also. Because it seems that people are taking the whole thing out of fear and they think that the fall in Wall Street might just affect it adversely. So surely the bitcoin fall is really temporary and I believe that we gonna enjoy the upcoming days for the bitcoin. I mean it could happen that people might just choose crypto currencies so that the number of investors here will increase dramatically and thus we will enjoy increased market cap. The prices are going to increase too so just seat tight and hold your bitcoins. :-) There is no crisis its just good news for us.


Im in with your explanation and its quite make sense. maybe the decreasing of price in US stock exchange can make bitcoin comes more stronger, because the investors finally will see the greatness of btc rather than the common trading stocks.

Its only a speculation of people reading the movement on the US stock market, the digital crypto currency was not affected by the said turn of event on the US stock exchange, it event show some movement favorable to the Bitcoin project investors, it is worthy to monitor the reaction on the crypto currency market trading on the treed. But if we look back on the market preview, the crypto market trading on Bitcoin is more favorable for investor, with good fundamentals, stable price market value, increasing the demands on Bitcoin project investment, the level of confidence on the market trading is very high. Crisis was already in the market history so, nothing to worry.
4748  Economy / Economics / Re: China tells people to buy gold & silver on: May 21, 2018, 02:01:51 PM
I do think that’s the best move and if I’m not mistaken this is the start of making a currency backed by gold and silver that Russian and Chinese rumors about as to replace US currency. It’s so coincidental or that this news is probably true. But with this, the possibility of cryptocurrency being affected is minimal as they already an irrelevant country in virtual world. I’m not a fan of precious metal as investment, so I think I’m good with it.

Gold is $1340/ounce and Bitcoin is $6,800. Think about about reading the news...... See below   Wink

I know and you think that matters? The price, when we all know that China is critical to cryptocurrency not like before. Are you serious they gonna promote crypto than gold that they’re against with.

They would rather convince Chinese investors to their advantage and as a former communist country the government have the power to do so. Easily.

This kind of promotion by certain country with Gold and Silver investment is not new, the government actively participating in the trading market of Gold and Silver in some way favorable to their people who are offered to invest with Solid goods of investment, if we look into the digital trading market or the crypto currency trading, we can notice that some chines investors are actively participating into the crypto currency investment project. It is good to note, that this kind of promotion is none relevant to the crypto currency market trading, maybe they need to sell this product because of the possible over production of this minerals by the chines company or the government.
4749  Economy / Economics / Re: Investment amount on: May 21, 2018, 08:48:06 AM
How much would you make as first amount? I was thinking  £50 bit even if this times by even 10 that's only 500.

Would 300 be a more realistic start

You really need to base you investment amount on what you can afford to set aside. Remember that Bitcoin and other cryptocurrencies are high risk investments. You should only invest disposable funds.

You also should be willing to hold that money in that investment for a long period of time in order to ensure that it pays off. I also recommend that you diversify your investment to lower risk as much as possible.

Crypto currency investment or Bitcoin project investment is always a challenging decision to make, you have to consider how much are you willing to invest in the said project, you need a lot of information for the said project posted on the crypto currency market treed, the movement of such project compared to other ALT coin on the market trading, the market preview on the price value is very important consideration before you decide to put in what ever amount for the said project investment or on Bitcoin. But the most critical decision is the AMOUNT you would want to invest. For a starter investor i would do my home work and start slowly with the amount only i can afford for such investment.
4750  Economy / Economics / Re: Is Bitcoin now the biggest bubble of all time? on: May 21, 2018, 05:12:56 AM
Many people are warning that we might be in a bitcoin bubble. Governments, banks, financial institutes, they all warn us to be careful although they're also into bitcoin. They all compare it with the tulip bubble, but the point is, we have not seen this bubble burst and it does not look like It's going to. There might be a correction, the price may fall to 14K or maybe even lower. But the price will remain above 8K, no matter what. So there's no bubble, at least, it won't burst.

The volatility of Bitcoin market on the treed is very apparent to happened, the price value may go down and goes up, depending the market movement on crypto currency trading. Bitcoin was hammered by a lot of issues like, the issue on Banned, Scammer, and now the, issue on Regulation by its country on Digital transaction of Bitcoin, This are just few of reason why Bitcoin price value goes down and up but not BUBBLE, if we look back on the market preview the market on Bitcoin project investment had survive the supposed Bubble, and we can see now a more favorable market trading investment for the Bitcoin and other ALT coin posted on the market. It was not a Bitcoin BUBBLE but it only a reaction to the issue posted vs.Bitcoin.
4751  Economy / Economics / Re: Bitcoin can change economic? on: May 21, 2018, 02:47:30 AM
I don't think it can change the whole economy rather it can help to other people to change their living base on finacial problem.
Maybe btc is one instrument to change the economy but btc is not the main factor.

Bitcoin can not simply change Economy. Our economic structure fundamental are base on the supply and demand of prime commodities as indicators that would have a greater impact on the economy. Any price increase on Oil product, the economy reaction is different, the government would look into on how it can caution the impact  on the other product commodities which will be translated to local business transaction and the people as the end user who take the burden of increase in such price. Bitcoin earning can only help the individual investor when, after his earning transact business on the main stream market, like buying his supply or what ever utilities, foods, etc..but wont have an effect on our Economic Structure of our government.
4752  Economy / Economics / Re: World economy, what do you think? on: May 20, 2018, 12:06:27 PM
How much, in your opinion, has international relations influenced the world economy and what do you think about it?
In every country is having a good relationship by trading their products to each country that makes a good sign to a better economy and the influence getting more stronger,as well as bitcoin if more people support bitcoin itself it wil boosting the world economy.

bitcoin not support world economy
because much country still not regulate, only can incraese economy crypto user
and bitcoin can't pay import and export

Digital transaction using crypto currency has a very little effect on World Economy, yse, it may affect the market trading base on the volume of share movement the treed. The entry of crypto currency in market trading had only open a lot of investor to participate on trading of such ALT coin project. The market are more exiting as if one investor is monitoring the movement of crypto coin on the treed. Just like what had happened on the previous month when the Bitcoin price drops and drops until it stabilized after the correction of its market. On the other hand World economy was not affected by the event on crypto market trading.
4753  Economy / Economics / Re: what is the future of virtual currency like bitcoin ? on: May 20, 2018, 07:39:04 AM
        Virtual currency has a good and bright future. We are now in a new generation with newly developed technology that support and help vitual currency success. The market will continue to grow because more people engage in crypto and it leads to a growing community in crypto world. The leading cryptocurrency at present, Bitcoin’s success in dealing with the challenges it faces may determine the fortunes of other cryptocurrencies in the years ahead.

The future on Bitcoin remains to be the hot topic in the crypto market trading, upon its entry in the crypto world somewhere in 2008, the trading market reacted differently. The future of one ALT coin can never be predicted, it can only be on speculation as to where the the future market price will be. With the good fundamental, market awareness for investors, with the stable price value on Bitcoin today. I am optimistic to see more Bitcoin project investment coming in, with the issues on Banned, Scammer, and Regulation on Bitcoin will be address, the more favorable Bitcoin project will be on the market.
4754  Economy / Economics / Re: is there any economic effect for the country or bitcoin users on: May 19, 2018, 12:54:44 PM
now there are some countries that began to issue a ban on the use of bitcoin, is there any influence on the country and of course its users in economic value?

The main problem why countries(their governments) ban Bitcoin because they can't manipulate with money from it. There is a lot of other reasons why countries ban cryptocurrencies. But can that influence the country? I don't think so. Countries are based on their local currency and gold, not on Bitcoin.

Any money transaction whether it is digital or the thru banking transaction could have an effect in any economy of its country where the exchange on transaction originated. The entry of digital transaction like what we have now (Bitcoin), had change the trading market by way of the global acceptance on crypto currency. Base on the market preview as posted, the global transaction of Bitcoin investor had grown tremendously, the effect on the market trading was shown how Bitcoin movement after its ICO on the market was launched somewhere in 2008. Then, it was followed by a lot of crypto currency investor globally. Crypto currency or ALT coin transaction was now the market to watch.
4755  Economy / Economics / Re: Investment in Bitcoin vs Investment in Education? on: May 19, 2018, 08:07:42 AM
if in order to choose with 2 options like this, I prefer to invest in Bitcoin than Education, education is important but Bitcoin is more important to me...why did I say this, because I'm richer which I get from Bitcoin than my neighbor who has a Professor's degree.

Investment is every bodies choices, If your priority investment is on Education then its a very good choices, no education is different story, like if your parent did not put up some investment for your education then what are now?  Likewise, if your investment is Bitcoin project for you to have financial freedom, but still you need knowledge to do some market research about such project, the issues on fundamentals, market movement and a lot more which knowledge or education not simply learn with out proper schooling. Bitcooin gains on investment is a product of investment on the project. Yes, you may have million in your pocket but nothing on your head is a different story.
4756  Economy / Economics / Re: Is your bitcoin earnings enough for you to start a business? on: May 19, 2018, 04:19:51 AM
I do not have any bitcoin yet to think if its enough to start a business.For me i will stay in my job and make bitcoin an extra income to eafn money for the future.

Wow, you are tired of daily job..? You want to start a business with your earning from Bitcoin.? What business do you have in mind.? How much is your start up capital.? Have you've done your home work about your plan.? Anyway, what ever plans on starting a business after your earning from Bitcoin project, is still a very good plan, i hope you done your home work, but quitting from a daily job is another story, What ever investment earning you have in Bitcoin will be tied up for such business venture which need a lot possible time and effort to attend too.
4757  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is under the spotlight of US regulators on: May 18, 2018, 01:09:49 PM
Ethereum is facing scrutiny from American regulators this month who say the coin should be classified as a security. How do you think this will impact Ethereum?



If the clarification result requires Ethereum as a security, that means ethereum will be regulated and maybe it will have an impact on Ethereum price and as we know the regulations will complicate some things but I think it will not happen

Almost all ALT coin suffered the same faith on issues of regulation by US government, and any other countries with the growing acceptance and digital transaction as it posted on the crypto currency market trading. Yes, there will be an impact on Ethereum price, it goes up and it could go down to the level which not favorable to the investors of Ethereum project. if we go back to the market history on all ALT coin as posted. we can see the reaction on Bitcoin price during the time it was hammered down by a lot of issues like, the issues on banned,scammer,and the issue on regulation. Lets just cross our finger that Ethereum  won't  suffered the same faith as it was like what happenned on Bitcoin.
4758  Economy / Economics / Re: It is not yet over as bitcoin heading toward $4,500! on: May 18, 2018, 12:34:41 PM
I do not think it will go below this support points. 5000$ is a minimum

The price value of Bitcoin is way high compared to the price on the wall as posted, a lot of things in crypto market had happened, issues on banned, scammer, and regulation of countries that is still not accepting crypto currency market. If we go back on the treed as a posted on the price value of Bitcoin it stabilized now at 8k plus. The global acceptance of crypto market trading in now growing interest on the investors, the fundamental are good, with increase participation of investors since the confidence level on the market is now more favorable as posted on the treed.
4759  Economy / Speculation / Re: Why is a constant rise in the price of Bitcoin, important? on: May 17, 2018, 08:46:43 AM
Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  Wink ..... You might end up with a bitcoin worth $100 in year 5.  Roll Eyes

I can make sense of what you are saying from this above quote.

It is exactly the point that while hodling, price increase and fall back, so it is more business like when we sell off at profiting time to buy again when price is low.

 Its anybody's choice if your going to hold or sell it later. The crypto currency market trading movement is Volatile, just other stock market, no one can tell what will happened to the  market of ALT coin price. A stable market price of one coin project is important not only the coin project investor but it is the bases of building confidence to other future market trading investor which contribute to the future increase on the price value of Bitcoin. Issues on Banned,Scammer, and Regulation affects the price value of Bitcoin every time it was release on the trading market. The steady but slowly increase on the price value of such coin project is more than important  rather the spike increase.
4760  Alternate cryptocurrencies / Altcoin Discussion / Re: 2018 will be the biggest bull year in crypto yet because of security tokens... on: May 16, 2018, 10:43:51 PM
You do know that if ethereum gets declared as a security all the icos on eth network will be ilegal in some way or even banned?There is still no enough regulation about seccurites when it comes to crypto releated stuff so i wouldnt hold my breath about them and new bull run

Everyone in the crypto currency trading market would be more happy than ever if this speculation about Bitcoin will realized before the end of this year. Crypto currency still facing a lot more issues like, Troll, Scammer, Fraudster who continue to operate in the crypto world. If this said problem are address and attended too, we see a lot more positive market movement on crypto currency trading. Based on the present market indicators as posted Yes, we can speculate for more participation of investors to crypto projects towards the end of this year.
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