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541  Bitcoin / Press / Re: [2018-05-20] The Bubble is Not Bitcoin on: May 21, 2018, 04:24:46 AM
Now, of course, bitcoin bubble can not be called. This year, he is very calm himself, that many are even disappointed with his behavior. Beginners in the crypto currency have become accustomed to almost always see its price growth, but here such relative stability. This price behavior of bitcoin will benefit not only him, but all the Crypto-currency. Just a little sorry that the Altocain because of this, they do not grow in value.
542  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin replacing the future banking system ? on: May 20, 2018, 08:29:32 AM
Bitcoin will never replace the banking system. On the one hand, bitcoin is simply not capable of this. Can, for example, bitcoin credit the development of the country's agriculture? Will he be able to serve the country's budget?
On the other hand, if bitcoin could replace all banks, the state would not allow it. Without banks, the state can not function fully. Banks are now an integral part of it. No state will allow uncontrolled circulation of money inside the country and especially its movement outside the state. Monetary and financial systems are the guarantee of stability and power of each state. Therefore, if bitcoin threatens the existence of banks, the state will be forced to restrict or even prohibit the circulation of bitcoins.
543  Economy / Speculation / Re: Why is a constant rise in the price of Bitcoin, important? on: May 19, 2018, 05:13:38 AM
The rise of bitcoin is driven by many factors. In the end, the rise of BTC prices is due to the increasing perfection of its investment attributes. BTC no breakthrough in usage scenarios, but as an investment, BTC has already is an important investment target, whose nature is more and more like gold, its use value is no longer important, important is its increasingly recognized as an investment.
Yes there is now no improvement in the investment attributes of bitcoin. These are all empty words that are not true. There was a strong and stupid skew in the use of bitcoin, which already now causes insoluble problems. We need to use bitcoin for its intended purpose - as money and means of payment. Using it as a repository of value, or, more simply, for the purpose of speculating and extracting superprofits due to the growth of its price, can lead to nothing good. The bitcoin will grow from this in price, while because of the panic that has arisen, it will not depreciate.
544  Economy / Economics / Re: why do people agree to pay taxes? on: May 18, 2018, 06:58:30 PM
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
In fact, you propose to make a military coup in the country. So, what is next? We have already been through this and more than once. And then there is a violent redistribution of wealth and, ultimately, the establishment of "fair" taxes.
545  Other / Beginners & Help / Re: is it rewarding to be a bounty hunter? on: May 17, 2018, 05:58:34 PM
is it more rewarding to be a bounty hunter or airdrop is enough? i start as a airdroper and now i want to be a bounty hunter. any suggestion?
To become a real bounty hunter, you first need to learn a lot from this forum. It is no coincidence that in almost all campaigns the signatures of newcomers are not accepted because of their low knowledge in the field of crypto currency. Therefore, you first need to learn and pump your rank on this forum. Only then can you think about joining the ICO signature campaign. Many expect to get a quick profit on this forum and just go away when they see that here it is necessary to spend a lot of time and effort.
546  Economy / Economics / Re: If the government supports bitcoin instead of the existing currency. on: May 17, 2018, 05:44:05 PM
The government of any state will never make a decision to destroy its own national money and replace it with a crypto currency. The task of any government is the strengthening of national money. From this, the economy of the country is strengthened and increases. Replacing the national currency with a crypto currency will cause the economy to decay and its complete unbalancing because of its high volatility. I think that unlike this forum, there are no children in the governments of the countries and they will never have such a stupid idea in their heads.
547  Economy / Economics / Re: Feeling bitter in banks? on: May 17, 2018, 05:12:09 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
I do not understand why many in this forum believe that crypto currency can lead to the destruction of banks. This, in practice, a complete ignorance of the fundamentals of the economy and what the banks are doing and what their functions are. And no arguments are given in favor of such an opinion. Some people will switch to using crypto currency. this will reduce the profits of bankers. And that's all. Next, banks will adjust to new conditions and earn, including providing services in the crypto currency. In the past, after the legalization of the crypto currency, banks and crypto currency will exist and work together.
548  Economy / Economics / Re: Is it digital gold? on: May 17, 2018, 04:57:58 PM
Bitcoin is like digital gold ........ is it correct? It is a transferable asset but not duplicable ..... do you agree? What are the points in favor and those against this statement? I would like a very analytical and specific arisposal.
Bitcoin can now be compared to digital gold, if you mean that now people use it primarily as a repository of value. However, if this continues to happen, then in the future the situation will change for the worse. The primary use of bitcoin as a repository of value limits the offer for sale in the market and therefore leads to an increase in its price. At large price values ​​of bitcoin, it will pose a big risk for investors and, accordingly, it can any day due to the occurrence of a possible panic drop in value until depreciation. Therefore, in this case, it will then be an unreliable repository of value and digital gold.
549  Economy / Economics / Re: Will Bitcoin become a long-term trusted store of value? on: May 17, 2018, 05:49:24 AM
If bitcoin will continue to grow in the same way in its price, then I think that it will not be a reliable long-term repository of value. At large price values of bitcoin, it will already represent a significant risk for investment. If bitcoin greatly increases in price, then its holders will be very worried about their investments. Then any negative information can attract panic, people will massively sell their bitcoins and it can depreciate. Therefore, it will not be a reliable long-term depository of value.
550  Economy / Economics / Re: Is Bitcoin now the biggest bubble of all time? on: May 17, 2018, 05:34:23 AM
Bitcoin can be considered the biggest bubble of all time with a certain further development of events. If people continue to artificially pump up its value and it is because of this bitcoin then depreciate.
However, if this does not happen, bitcoin may well develop normally and its bubble will not appear.
551  Economy / Economics / Re: How would a real economy crash affect btc price? on: May 17, 2018, 05:09:38 AM
If there is another economic crisis in the world, this will cause mistrust of ordinary money and increase the demand for crypto currency. However, if war begins, then interest in crypto currency in will depend on the size of such a military conflict. In the local war, as the events in the zone of recent tension in the region of North and South Korea have shown, the rate of the crypto currency is increasing. However, if the war is global, it seems to me that very few people will then be interested in crypto currency. If then the Internet will still exist.
552  Economy / Economics / Re: How ICO projects will influence BTC and blockchain on: May 17, 2018, 04:47:26 AM
Many ICO projects are really very useful for people. Their tokens will benefit people in certain sectors of the economy and in general our multifaceted life. The market constantly rejects unpromising of them and leaves only demanded.
The new tokens, in my opinion, have a positive overall impact on the crypto currency and blockchein technology in general, because through the knowledge of tokens people can learn more about the crypto currency.
553  Economy / Economics / Re: Bitcoin - Can it boost or break a countries economy? on: May 16, 2018, 09:35:02 PM
If the crypto currency will go in the state as an alternative currency along with the usual national money of the state, it will strengthen the economy of this state. An example of this is Japan, where over the past year, the Crypto-currency increased the country's gross domestic income by 0.3 percent. This figure is not very large, but this is an indicator for the incomplete first year. There, the crypto currency was recognized as a legal tender only from April last year.
If the crypto currency is recognized as the main type of state money, then this will have a negative effect, since, having high volatility, it is able to deregulate the economy of any state.
554  Economy / Economics / Re: Is banking still important in the bitcoin era? on: May 16, 2018, 09:13:35 PM
Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
Banks have been and will be important in any state and regardless of the extent to which it introduces crypto-currencies. Crypto currency can not destroy banks or make them disappear in any way. The banking system is needed by the state, so the state will protect their existence. The view that the crypto currency will strongly affect banks so that they can disappear is wrong. Banks and crypto currency will eventually be forced to work together, banks will provide citizens with various types of services in the crypto currency. It's unavoidable.
555  Economy / Economics / Re: Can it be possible for the whole wide world use a single currency? on: May 13, 2018, 06:40:51 PM
I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?
No decentralized crypto currency can be used as the main currency of a particular state or group of states, let alone the whole world because of its high volatility. Only a stable in the price of crypto currency can be used in this capacity. Therefore, bitcoin for the role of global crypto currency is clearly not suitable.
556  Economy / Economics / Re: Bitcoin - Can it boost or break a countries economy? on: May 13, 2018, 06:31:43 PM
If the crypto currency, including bitcoin, will go in the country as an alternative to the country's main paper money, then the crypto currency will be able to contribute to the country's economic growth. This we can see in the example of Japan, where such use of the last year's crypto currency gave an increase to the economy of the country of 0.3 percent. However, if a state takes a rash step and recognizes bitcoin or any other decentralized crypto currency as the main means of payment, then, because of their high volatility, the crypto currency is able to quickly deregulate the economy of any state.
557  Economy / Speculation / Re: Perfect Time to Buy! on: May 13, 2018, 06:20:51 PM
I do not know how on the first page of this topic was the discussion for 2014, but it was interesting to read how people discussed the price of bitcoin at $ 700, and also if it would rise to a thousand dollars. This is already perceived as a history of the crypto currency. Yes, it was interesting time. Those who then bought the most bitcoins, probably feel good now.
558  Economy / Speculation / Re: John McAfee Reiterates That Bitcoin with get to $1 million MINIMUM by 2020 on: May 13, 2018, 06:12:28 PM
Is this the famous case where he said that otherwise he would eat his dick privately? I think that he will have to do this if he is responsible for his words. By 2020, bitcoin can not cost one million dollars. Increase to such a price bitcoin just will not give such people as Mt. Gox from Tokyo. But when bitcoin exceeds even a hundred thousand dollars, many of its holders will start selling it, as many will want to use them to purchase new housing, cars and so on. Therefore, bitcoin will invariably more than once fall in price.
559  Bitcoin / Bitcoin Discussion / Re: Why so many Bitcoin users have fear of governments? on: May 13, 2018, 06:00:35 PM
Now many users have seen that the crypto currency provides an opportunity to bypass the restrictions that were previously established by the state authorities when using ordinary cash and non-cash money. Therefore, people are afraid that states and governments will again take such an opportunity from them. Moreover, we see that the states do not react so well to the crypto currency when it is legalized, than we would like. Therefore, many perceive the government if not as enemies, then as ill-wishers for the crypto currency.
In the future, governments and citizens must find a common approach to the use of crypto currency, otherwise there can be no.
560  Bitcoin / Bitcoin Discussion / Re: Will bitcoin Die because of global Regulations? on: May 13, 2018, 05:46:06 PM
Regulation of circulation of crypto currency in each country by the state is inevitable. In general, this is good for the crypto currency, since without such regulation, the crypto currency will not be able to develop further. Such regulation can not in any way damage the crypto currency, and even more so destroy it. States can not in any way influence the decentralization of the crypto currency. They can significantly weaken its anonymity, forcing users to be identified on exchanges and exchangers. However, this does not affect the crypto currency itself. Therefore, one should not be afraid of the regulation of the crypto currency when deciding the issue of its legalization.
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