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501  Economy / Economics / Re: Charity Accepting Bitcoins? on: July 17, 2018, 03:36:05 AM
If there is a charity accepting bitcoins do you prefer to give some of yours Huh

Me: I will if there is, but for now I don't have yet. Wink

EDITED:

Yeah it a hassle for now.

Another question: But what if there is fiat will be disappear in the future and crypto will conquered the world and all payment transactions will be on blockchain system?
So is this applicable right?

Sure in future we dont know what will happen in our transaction system, i believe whether its applicable or not its only time could tell, but i believeit should be applicable and people will adapt with this coindition as long as its safe and could make transaction easier.

Yes i read a lot about charity using cryptocurrency and i read that in uk there is a mosque that even gain charity more in cryptocurrency than fiat. Link : https://bitcoinist.com/uk-mosque-raises-14000-gbp-in-cryptocurrency-donations-despite-concerns-of-islamic-leaders/
502  Economy / Economics / Re: When will Apple accept bitcoins? on: July 16, 2018, 09:46:39 AM
Apple will accept Bitcoin only when it might potentially suit them, but rather than that, they would probably make a blockchain and coin for them only first. It's a very territorial, closed company.
They will accept it, Lets in few month or few years when bitcoins become a legal currency or at least a legal asset. I believe in august there will be ETF of bitcoin and it will boost bitcoin really good. I think what apple doing is cause they are afraid that crypto is a bubble that would burst, but crypto is a future which cant be avoid forever and they will accept it soon or later.
503  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't bite more than you can chew on: July 15, 2018, 01:44:31 PM
This is applicable to everyone in the crypto space, not to attempt to do more than they are capable of doing.
- For crypto traders, miners and investors, invest only what you can afford to loose. Do not invest all your money into crypto, believing that you will wake up one day to get a multiplier factor on your profit. It is either you have profit or loss.

- For bounty, participate in projects you can finish at a time. If you combine too many projects together, you might end up not getting anything reasonable from all the projects. I wonder some times when i see spreadsheets where some have 0 stake almost all through.


I agree as investors we should know the boundary and the limit that we can lose. Its true crypto is good place to invest your money and i think if you do have a good amount of money it would be good for you to invest for long term. In 3-4 years we would see the true potential of cryptocurrency. Be wise and dont be greedy, many people are blindfold and invest all of their money in here in hope they will getting rich in one night and i think it used to end up pretty bad.
504  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I invest in BTC, Altcoin, or ICO on: July 15, 2018, 03:56:06 AM
There are so many New ICO's these day ? Is that safe to invest in ICO ? any 1 invested in 2018 ? 2017 was the year of ICO's but is that still safe to invest ? or how to know which ICO is good to invest ? like GIG9, Eligma, Medicalchain, Trustedthealth
There is a lot ICO today and most of them are regulated now, how to find good ico its depends on how you see the ico ( by product, team, or also base on whitepaper).  Indeed 2017 are year of ico but 80% of the are scam and also i think investing in ico not always proifitable and give you money back, i do recommend you to invest in bitcoin or altcoins if you are not experienced in ICO.
505  Alternate cryptocurrencies / Altcoin Discussion / Re: bitcoin and the ICO on: July 14, 2018, 06:12:25 AM
the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?
I do think with ICO it would help bitcoin price increasing, right now you can join ICO by using dollar which mean more money entering cryptocurrency and i do think this good thing for bitcoin and other coins, the problem is if the ICO is scam and it would make new investors lose interest in crypto world and with many ico coming out it means the demand of bitcoin increasing cause ICO used to accept bitcoin and ethereum.
506  Economy / Economics / Re: Will Economy Grow Forever? on: July 13, 2018, 04:31:49 PM
if we talking about resources its true that we would run out of resources in one day. Technology that makes our life became more easier makes us blind and not care about the resources. All we care is to gather money to make our life easier and dont care other people and the next generation that will come. Economy grow is determine how good the goverment able to manage it, lets take example from venezuela, good country with good economy could be seen from the value of their fiat money. https://www.google.com/finance/chart?q=CURRENCY:VEFUSD&chst=vkc&tkr=1&chsc=2&chs=270x94&p=5Y as we can see their fiat money keep going down. venezuela has a good amount resources in oil and 50% of their GDP are from oil and even with great amount resources their economy are crumbling. So my point is resources is not the main point that can make economy grow, there is a lot things that caused economy to grow and its very wide to explain and i do think im not good enough at it. So the conclusion is economy would not grow forever but i do think country with development in technology could be better than other country thats why developed country still used to be superior and developing country are keep strugling.
507  Economy / Economics / Re: How the Bank works to make money? on: July 12, 2018, 05:27:54 PM
How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
Not only from that, there is a lot way to gain profit, interest do one of the best way bank to earn money but i believe many there is a lot way for bank to gain money such as money management and imagine how much money a bank could fund in short of time and what can they do with that money. Market stock might be the best way for them to invest and i think it could turn out be big earning from them cause they do have a great a mount of capital that can be use to invest in market stock.
508  Alternate cryptocurrencies / Altcoin Discussion / Re: Token goes down. Wait or sell? on: July 12, 2018, 02:13:18 PM
Hello everyone!

We all know that the situation with market is not that good as we want it to be. Thus it affects a lot of ICO projects. On the one hand people don't invest in coin so much money as they did last year. On the other bounty hunters sell tokens fast and the price goes very low. That is why some projects prefer list their token on Idex first. They want to see how a coin plays on market.

And what investors should do in such situation? Sell all they have for small money or wait until a token will go up?

I'm asking as a person working in such project. After ICO token price went down (KCY, I'm sure you heard of it). And It is interesting to know investor's opinion about such situation.

What is your idea?

 
My idea definetly is to hold all my coins, i believe many reasons causing this bear market market, exchange should increasing their security cause seems like many exchange got hacked and its seems happen every month. Another reasons that could bring market down is the trade war between us and china, for sure big investors would draw their money and becarefull for the outcome of this event. The reasons i still hold cause i believe market would recover, and i do think many of us think the same, so just hold now and wait for market to recover.
509  Alternate cryptocurrencies / Altcoin Discussion / Re: do you think younger generation is more open to technology? on: July 11, 2018, 01:53:29 PM
Does technology favor the young! Do you think we need younger lawmakers to translate the language of cryptocurrency.
Its true young people are more open to development of technology. just compare yourself with your father and compare your father with your grandmother, i believe you can find the different between them in use of technology. I dont think young lawmakers is more better than older people. what we need is a person who are truly care about economy and do open with technology and also think about the risk of using it.
510  Alternate cryptocurrencies / Altcoin Discussion / Re: When do you know its time to sell your altcoins? on: July 10, 2018, 02:50:21 PM
Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss. 

I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%.  Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.

Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
its hard to tell when to sell, i believe the right time to sell is up to you,the one and only one who able to decide it is you, i believe we could decide it by ourself when to sell cause we do spend a lot time here, we do read news about crypto and how its developing so i do think we could predict how the market move, the point is just trust your self i believe the more you trust yourself you will become more better to decide when to sell and when to buy.
511  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 09, 2018, 03:49:16 PM
state wants to get tax. the input and output of the money can not be controlled. also a serious competitor for bankers. also a good way to make money. countries are opposed to it. a money they can not control is troubling governments.
Yes they still not ready and not capable to track down all the money that goes into cryptocurrency and i believe it makes them hard to tax people. Yes and bank sure have a coporate with goverments so i think many goverments are think crypto still not ready for transaction and we cant deny the volatility is not good and it's changes every minutes. But seems like many country are starting to accept what cryptocurrency is and many company are starting to accept it for transaction and i do think soon or later crypto will be accerpted cause after all cryptocurrency do have a value and that means we could do a transaction using it.
512  Alternate cryptocurrencies / Altcoin Discussion / Re: how much you can profit from altcoins on: July 09, 2018, 03:22:15 AM
I want to find out why everybody wants to invest in altcoins, what I want to ask is, how much money did you get from altcoins so far?
Well im not sure how much money did i got from altcoins but i would say its good amount of money, if you invest on ICO or buying new coins that just listed and lucky enough you might got 300% profit.  I think i got profit around 7000-9000 $.
513  Alternate cryptocurrencies / Altcoin Discussion / Re: Did ETH changed crypto world? on: July 08, 2018, 03:41:02 PM
Very often we ask questions, whether ETH is worth to invest. For me ETH changed the crypto world, it is revolutionary.

Here is the article on the ERC20 and how it affected the tokens: https://icoguide.com/en/blog/what-is-erc20-and-how-does-it-affect-tokens

Do you agree? please share your opinion.
Yes sure ETH changes the world of cryptocurrency, Ethereum open the way for startup to fund money from ICO. Ethereum also a strong coin and has a good volume and also become better than bitcoin in project. Ethereum also good for transaction and has a fast transaction than bticoin.
514  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you interested in cryptocurrency? on: July 08, 2018, 12:47:39 PM
because im trying to get a good profit from the money that im investing and i just think crypto is the best one, The reasons is cause crypto are still young and still developing not like a market stock that i think not profitable as much as investing in cryptocurrency, cryptocurrency also open a chance for many people to build their own startup company which open to us to be able to invest on that company by joining token sale.
Because I can make money here, plus it's also interesting. This activity has become a hobby for me.
yes its become a daily activity for me, every day in the morning i always check the coinmarketcap, check my coin value and check the news, its become a habit already.
515  Bitcoin / Bitcoin Discussion / Re: Is bitcoin a "private" currency? on: July 05, 2018, 05:13:54 PM

I think it is wrong to call bitcoin a "private" currency.

On the contrary, imo bitcoin is much more of a public currency that any national currency is.

Yes its can be use as currency and anyone would accept it but i dont think i could make fair transaction using bitcoin, the votalilty makes it hard to do fair transaction and i dont think it could be use for daily transaction. Bitcoin is too complicated and i do think its good for an asset than currency ( atleast for now)
516  Alternate cryptocurrencies / Altcoin Discussion / Re: What is better? on: July 04, 2018, 02:41:20 PM
Hey guys, do you think It is better to hold main crypto currencies like bitcoin it ether? Or you hold all your money in alt coins?
Im my self choose to hold altcoins cause i believe its worth a lot more than hold bitcoin. Bitcoin is on of good coins and its kinda like a gold to me but im trying to earn more profit here so altcoins would be great. Altcoins has a more wide volatility than bitcoin but i think if we can see the opportunity on it, it would turn out to be worth and give you more profit than investing in bitcoin.
517  Economy / Economics / Re: So many cryptocurrencies ! on: July 04, 2018, 12:45:13 PM
There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
Well according to news that i been read lately almost 800 of altcoins projects are dead, I think its quiete okay cause seems like many of them only a trash coin which never realize their idea and even stop doing their project. Many ICO indeed are a fraud just to fund money. The competition became more harder in crypto world and i guess more will die and the stronger will getting strong and i would say it would be good and we know which coin that might survive such as ethereum, ripple, XLM , ADA and etc. So my point is mind what coins you invest in.



https://www.cnbc.com/2018/07/02/over-800-cryptocurrencies-are-now-dead-as-bitcoin-feels-pressure.html
518  Alternate cryptocurrencies / Altcoin Discussion / Re: With how much should i start on: July 04, 2018, 08:55:14 AM
How much do i need to start trading altcoins. I would like to know what would be the ideal number.

Thanks!
The questions is how much you willing to risk, investing is risky and the way you ask about it its seems like you dont understand world of trading. I suggest you to start with small amount , if you able to get profit and you think you see a opportunity in trading then add up more money into trading. It would be good if you understand about crypto first before cash in a big amount of money into cryptoworld.
519  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't hold Bitcoin for long time. on: July 02, 2018, 11:10:17 AM
Hold is Bitcoin for long time, there is no much profit. You know why ?

Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.

Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .

After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.

But before buy alt coin please select best coin to avoid dump.

So what you think. Hold alt coin or Bitcoin ?
I think bitcoin is good to be long term investment but what we need to know is when to sell, and its true invest on altcoins would give you more chance to gain more profit, but i think its means there is high risk and i believe altcoins are more volatile than bitcoin. So both are profitable and i do think altcoins is better but like a said before we need to know when to sell.
520  Economy / Economics / Re: [ASK] How are you going to handle too much debt? on: July 01, 2018, 04:03:12 AM
Reading this post just make me remember one of my friends that have a good amount of debt but he seems unable to pay it so he make more credit card to cover it up and its like a never ending cycle and the weird things is he still add some debt to his account, i dont know what he is thinking, he is a good man one of good friends of mine. I do even think to offer his some money so he would able to live freely and paying his debt without interest. But i do think to lend money for paying a debt is not good things and the thing that could help him is to pay his own debt by his own afford so he would learn its not good to have any debt and i hope he could changes from it. I really recommend you to pay your debt little by little i know you could do it cause seek any help to pay debt is not good, it would just make you become more debted to someone else and it would become never ending cycle and could goes worst. The most important thing is you need to know your limit for something that you wanted and you need to learn how to manage your financial.
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