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521  Bitcoin / Press / Re: [2018-04-19] Kraken Set to Quit the Japanese Cryptocurrency Market on: April 21, 2018, 06:12:04 AM
It is a pity that this happens with the next crypto-currency market in Japan. The market, of course, needs to be regulated. It is possible that exchanges that do not want to enter their customers' identities or pass on their data to the relevant state authorities will have to open either in countries with suitable legislation or even open in offshore zones where this should not be a problem. In general, I still assess the current situation as a working one and do not see any big problems. While the states will not finish with the legalization of the crypto currency and the solution of all related issues, including taxation, then such situations will arise.
522  Bitcoin / Bitcoin Discussion / Re: Do you support the Use of Bitcoin as a National Currency? on: April 19, 2018, 06:18:34 PM
While it is good news for Bitcoin users/hodlers that countries allow the use of Bitcoin as a means of transactions within their border, what will be your position if a country decides to take a step further by using Bitcoin as its national currency?
This will be the most stupid decision of the government of the country that will make bitcoin its national money. I am absolutely against such a decision, because bitcoin, with its high volatility, is able to quickly unbalance the economy of any strong state. Budget planning and implementation of individual indicators of the country's economy development in bitcoin is impossible. Bitcoin is only able to walk along with national money, but do not replace them.
523  Economy / Speculation / Re: What would be better on: April 19, 2018, 06:10:46 PM
Yeah now is when a lot of traders are probably selling after purchasing around 6k. this time buy more Btc or ETH ? Or Both ? To trade with of course... thanks a lot
If you have available funds, it is better to buy both bitcoin and ethereum, as both coins will soon grow in value. Simply now, you should not invest in bitcoin anymore, it has fallen a little in popularity and it is still difficult to predict the further dynamics of its growth. However, the situation may still change when bitcoin introduces planned improvements. On the other hand, such as the Tokyo Mt. Gox can once again throw their bitcoins onto the market and again fill it up for a long time.
524  Economy / Economics / Re: What will happen to the banks if people uses cryptocurrencies more than fiat? on: April 19, 2018, 03:25:56 AM
With banks nothing will happen. They will work, as they did before, only adjust to the crypto currency and will also provide services in the crypto currency. Banks can not disappear because they are needed by the state. Through them, the country's budget is being implemented. Therefore, the state will always protect banks and establish a preferential regime for their existence.
525  Economy / Economics / Re: What is going to happen when we reach the 21 Million BTC supply limit? on: April 18, 2018, 03:45:16 AM
When all 21 million bitcoins are mined, I think that nothing significant will happen. It is unlikely that after this will significantly increase in price. By this time, it will already be a decent price, and if it does not have some exceptional functions by then, people will not buy it too much. What is the point of doing this, if we already have a lot of good crypto-currencies with qualities much greater than bitcoin and at the same time very low in price?
In addition, it should be borne in mind that the high cost of bitcoin will mean a high risk of investing, because given the high volatility of bitcoin, there will be a high risk of its depreciation due to negative information and the consequent panic of investors.
526  Economy / Economics / Re: Bitcoin can not replace fiat on: April 17, 2018, 09:54:46 PM
If a country decided to replace its national money with bitcoin, it would be a very stupid act. Because of the large volatility, the economy of the country would quickly unbalance. In addition, it would be strongly influenced by other countries, where bitcoin would be used extensively. In general, this would be a big problem for the state and its bodies.
527  Economy / Economics / Re: The impact of bitcoin on the financial stability of a country on: April 17, 2018, 09:43:57 PM
What is the impact of bitcoin in a country's financial stability?

In my opinion, bitcoin does not have much influence on the financial stability of the state in the event that it walks in the country along with national money. If bitcoin was used instead of national money, then it could completely disbalance the economy by its volatility in the price. The features of the behavior of bitcoin depend on the specific situation and the specific country in which it is located. As yet, the influence of bitcoin on the country's economy and on its stability has been little studied.
528  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: April 17, 2018, 09:28:17 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

If you look at the price of bitcoin for each year, then its growth is quite impressive. Despite the fact that there have been problems with bitcoin recently, it still represents a certain interest for investors, as it is assumed that this year it should still grow well in price. Therefore, holding bitcoin should make good profits this year. However, it would be better to use its greater volatility and sell it at its price peaks and buy when its rate is significantly lowered. This will give a very decent extra profit.
529  Bitcoin / Bitcoin Discussion / Re: why people think that bitcoin is buble coin ? on: April 16, 2018, 04:49:45 AM
As long as people see Bitcoin as an investment (asset) and not for what it truly is, Bitcoin will be bubble. When people start using Bitcoin as an currency, price will stop being so volatile and bubbles will stop appearing. So with what Xester said and what I said, I guess you can understand why Bitcoin is considered to be a bubble, even for so long as 10 years.
Yes, this reasoning is true. If people invest in bitcoin because of speculative aspirations to get a big profit from its growth in price, bitcoin rises sharply and its financial bubble manifests itself. If this happens further, especially when it reaches high price values, then it can ruin it. If it is used primarily as a payment system, a way of storing the value, it can exist for a very long time.
530  Bitcoin / Bitcoin Discussion / Re: Bitcoin will do to banks what email did to the postal industry. on: April 16, 2018, 04:32:08 AM
Banks will not die because of the massive introduction into our lives of crypts. This opinion is not true. There are many functions of banks, which can not be replaced by crypto currency. Including because of its high volatility, it is generally not able to replace the existing money in the economy. Planning the country's economy in the crypto currency is impossible. Banks will gradually introduce blockchein technology into their system and will adapt to the crypto currency, but they will remain. Without them, the state can not exist.
531  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Which bounty campaign is very good now? on: April 15, 2018, 05:15:24 AM
which one is good?
hmm i know some good bounty manager like sylon, yahoo and many other
so when they manage campaign i can say the campaign is good enough
I also join the generosity campaign, including those that are managed by good managers. Among them I also like Silon, which clearly and in a timely manner conducts calculations of the steaks in the table and keeps correspondence on the problems of the campaign. As for the good ICO campaigns, yesterday I looked at the new ICO campaigns, so far they did not like me and I did not choose anything. I thought here on the last pages of this thread will share specific good ICO projects, however in the reports only general information is said. Well everyone spoke about the DFINITI campaign, but I did not find it.
532  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Should we limit members in one campaign? on: April 15, 2018, 04:59:27 AM
Some bounty campaigns are limiting thier participants and I don't know what's the reason behind it ,it could be the rewards are limited .
Some ICO campaigns do limit the number of participants in the generosity campaign in their own terms of joining the generosity campaign, but this is done only when a fixed amount is paid in bitcoin or even if in the released tokens, but in terms of dollars per message. That is, in this case, a certain number of released tokens is not allocated, and a fixed amount is paid in bitcoin or in dollars, and the increase in participants in the generosity campaign leads to an increase in payments. In general, since such ICO companies mainly rely on headhunters for a predetermined amount of tokens to be issued, then even the more such participants are, the better. They are not interested in these cases in limiting their quantity.
533  Bitcoin / Press / Re: [2018-04-14]Kyrgyzstan Sticks to Politics that Favor Blockchain, Cryptocurrencie on: April 15, 2018, 04:37:15 AM
I did not understand something. Kyrgyzstan has always been on the list of countries that have completely banned the use of crypto currency in their territory. Here it is also indicated that this is a friendly country to the crypto currency. Is this a change in position relative to the crypto currency, or is it some kind of mistake? If this country really changed its attitude to the crypto currency, then it's very good. There will already be fewer countries that are hostile to the introduction of crypto currency.
534  Bitcoin / Press / Re: [2018-04-14]Bitcoin Under The Skin Why People Use Subdermal Microchip Wallets on: April 15, 2018, 04:26:34 AM
The technology of using crypto currency does not stand still and develops. Of course, hackers, thefts and hacking of crypto currency in purses were and remain one of the big reasons for losing our coins. In the future, perhaps, this will be one of the ways of autonomous safe storage of our crypto currency. This is quite interesting.
535  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Bounty Champaign on: April 14, 2018, 07:30:08 PM
Usually, in the context of joining the campaign of generosity, it is indicated after what time the ICO company intends to pay the tokens earned by the generosity campaign participants. This usually ranges from two weeks to a month. Recently, however, some campaigns deliberately delay payment so that the tokens that appeared on the exchange do not fall in price due to the increase in the offer for sale after such payments, when a significant number of bounty hunters immediately try to sell the received tokens. They directly, sometimes, point out this in their announcements. Sometimes already paid tokens for the same purpose are blocked already in purses after payment. That is, sometimes several months you can not make any transfer of received tokens from the wallet.
536  Alternate cryptocurrencies / Altcoin Discussion / Re: Wallets for altcoins on: April 14, 2018, 07:09:21 PM
What wallets should i use for altcoins? Bought some LTC not sure what's better
I think that one of the best purses for storing altcoyins, namely the tokens of the ERC20 marker, is the MyEtherWallet wallet. This is one of the most reliable and easy to use wallets. Now appeared some kind of purse LocalEtherWallet, which has the same interface, the same similar features, but it in this connection has signs of fraud.
It should be noted that LTC, this. it looks like a litecoin coin for which the MyEtherWallet wallet will not work.
537  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The moment to buy eth? on: April 14, 2018, 06:52:37 PM
Now again there is a good opportunity, maybe one of the last, when we can buy ethereum at a fairly low price. A few days ago, this coin had a value below $ 400, but now bitcoin and other crypto currencies began to rise in price. Together with them began to grow and ethereum, rising to 500 dollars. Perhaps, for some time the price of ethereum will still fluctuate, but soon it will fairly decently grow in price. So we still have the opportunity to purchase ethereum at a relatively low price.
538  Bitcoin / Legal / Re: will all the countries make cryptocurrency legal? on: April 13, 2018, 10:03:34 PM
The process of acceptance and legalization of the crypto currency will be very complex and time-consuming. It will probably take more than a decade, because there is a conflict of interest and it is very difficult to implement technically. Banks and some government agencies are not interested in introducing crypto currency into our lives. Each state will decide this issue in its own way. As we can see, the solutions to such issues are also different. Only when the crypto currency will prove its usefulness and necessity, when the leading countries legalize it in themselves, only then this issue will be solved much faster.
539  Bitcoin / Legal / Re: Why did RBI ban cryptocurrency? on: April 13, 2018, 09:47:47 PM
This information is not true. The Reserve Bank of India did not prohibit and did not have the authority to prohibit the circulation of crypto currency in this country. He simply recommended that other banks stop providing services in the crypto currency. However, these services were insignificant in volume and could not have any significant impact on the use of crypto currency in this country. In India, the crypto currency has been in the country, and it is free to walk, citizens make all transactions in the crypto currency without hindrance.
540  Alternate cryptocurrencies / Altcoin Discussion / Re: Do we Need Altcoin? on: April 12, 2018, 05:01:06 AM
There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?
Bitcoin and the basic well-known coins are crypto currency of general use, that is, they actually perform the basic function of the payment instrument. The main part of the crypto currency is made up of tokens, which, as a rule, have their own specific task and their functions. Despite the fact that we currently have about 1,300 tokens, this does not mean that there are too many tokens and they are superfluous. Tokens and their blockchein technology are now finding diverse applications and the scope of such applications is expanding. This is to be welcomed. Therefore, I do not think that we have too many tokens and they are completely unnecessary. They are very useful for a person, because it makes our life easier, creates convenience and comfort.
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