banks are the best place at the moment, at least fiat still tends to be stable and reliable for passif assets. But I prefer to divide it into assets and allocations are broken down again for passive assets like gold and active assets in crypto trading.
My assumption is that you should not feel comfortable with the same situation because fluctuations continue to grow, if you experience the worst possibility there is nothing more to be proud of because you only save without thinking about business aspects.
I don't trust banks for long term investments, yes it is safe however your money will be sleeping, it's better to build your own business and manage it well at least it is for long term If we keep our money in the banks, our asset value decrease because inflation. Its safe keeping our money in banks but the value decreased and the interest is too low compare with other investment. Its true, rather than keeping our money in the banks, better building our own bussiness or we investing it on others investment instrument like property, gold or stocks or cryptocurrency
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Bitcoin is far to called a buble. Its a store of value and i think in the future, bitcoin will be valueable asset. Bitcoin valueable because the network security and the supply are limited.
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Compare with bitcoin, USD purchasing power always decrease year on year. Its because inflation and its because The Fed always print paper money. Different with USD, bitcoin purchasing power always increasing because total supply already fixed and its can not change and no one authorities can control the supply
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Hey guys, there are two different difenitions: Blockchain and Cryptocurrency. A lot of experts say that crypto is going to die soon but blockchain itself is a very useful technology. What do you think are they right? Do you think blockchain can exist without cryptocurrency?
Its true that blockchain different with cryptocurrency. Most cryptocurrency using blockchain technology. Without cryptocurrency, blockchain still can be exist because blockchain can used for many purpose. For election, government service, etc. I am doubt that cryptocurrency will die soon, because right now cryptocurrency is new investment and some people think cryptocurrency is an asset and store of value
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The ETH value continues to decline to -17.93% at the moment, whether this decline is caused by investors monitoring warnings from a number of regulators and increasing crackdowns on the virtual currency market or perhaps just a glimpse of wind from the impact of economic law so that it has an influence big to projects being a scam?
I think ethereum dont have relation with many scam project because its different developer team. Its true ethereum price right now suffering drop more than 70% but ethereum still used by most token in market and its needed for paying transaction fee. I am believe ethereum price will recovery when cryptomarket recover again
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I would such advice was given,take about 3-4 of the project or the 5 most promising in your opinion,but first with the spices still peregovry about these tokens and every$ 100 put,when you go, rostone will pay for itself and very much what I would have done so,especially now while the opportunity a good purchase still
I am agree we can keep 3 or 4 good altcoin. With $500, we can have different coin to collect. With market condition right now, many good altcoin having cheaper price. Its like discounted price more than 70%.
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My opinion why many ICOs fail reaching their target maybe because market condition not too good. Crypto Investor wont risk their fund to new project and they suffering drop their investment value.
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Is the world really waiting for a global decentralized money?
Its hard to say world waiting decentralized currency. Most country have their own central banks that control their money supply, and i think central banks disrupted by bitcoin or cryptocurrency. Government and central banks must be want to keep control on money supply and if government decide using cryptocurrency, i am believe they will creating their own cryptocurrency
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I never understood why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.
So in Short - ICO's are killing Bitcoin and CryptoMarkets.
I dont think ICOs are killing bitcoin. Many ICOs success when landed in market and make their investor gain big profits. ICOs developers thats hold bitcoin will not selling their bitcoin because they need to build their project. I am believe good ICOs make cryptocurrency market more attractive with their new project
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What are your thoughts on these 2 factors when it comes to Bitcoin and other cryptos.
1. How does Social Media effect Cryptocurrency?
2. How does Cryptocurrency effect Social Media?
Your thoughts on both , this could be very interesting.
I think social media give big effect to cryptocurrency. By social media, many people knowing about cryptocurrency. Most online media cover negative news about cryptocurrency but not with social media, many people in social media give positive psychology to me
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The success of digital wallets in the African continent was really great and based on what I've read on news articles about it, it really helped the economy and the businesses when it all started years ago. With this in mind, will Africans be welcoming of bitcoin/altcoin as a real currency and not just a quick way to earn cash or invest? Like using it as real money / cash? Africa is growing continent and having a lot people that understand about cryptocurrency. If africa having good internet infrastructure, i am believe more people knowing about crypto and maybe become next crypto continent
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what would you do if you had so much debt and that your income was not enough to repay your debt installment? how will you deal with it? how to solve it?
The first thing to do is cutting unnessary spending. We should make record our spending and just make a necessary spending. Beside that, we should asking about rescheduling our debt and dicipline with our payment
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I am believe bull market will come in near future. Its sad looking bitcoin price drop from $20k to $6500 and market cap value drop from $790billion to $200billions. But history teach us that bitcoin once drop from $2000 to $200 in several years ago.
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Tsubuka, one of the cities in Japan was chosen by the Japanese government become a city of science, and a few days ago, the city government there conducted an experiment to implement a voting system with blockchain. and the experiment was successful, the voting used identity card verification in a decentralized network typology.
this is an example that blockchain will become part of our lives. blockchain will have an important role now and in the future.
in my opinion, next is Venezuela that will create new innovations and changes in the crypto world.
I think comparing venezuela and japan case, its very different. Japan is one of first country allowing their citizen using cryptocurrency for payment in merchant. Venezuela want creating their own cryptocurrency but its not success in market and venezuela dont have good internet infrastructure
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hold the coin up to experience a price increase that will further give results. Moreover, if the coin comes from the airdrop, surely the value of owning will be quite low and would not even taste the results. possible to airdrop of somewhat doubtful because even this often distribute coins have no value and it is often the case.
Indeed, some token or coin from airdrop have low value and its not profitable when we transfer it to exchange because the transfer fee more bigger than token value. If the value much bigger than transaction fee, i am prefer selling it
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crypto people nee to accept the fact that this is how market react when it boomed to much during December 2017 - January 2018 & then the bearish trend started. what happened back then wasn't healthy at all & mae it look like the worst kin of bubble, now we'll have to wait even more to get back to BTC @10k (it can be month, years, who knows).
The lat " crash " you''re referring too was kind of " market shaking " to make the domino effect, so the scared traders / holders will Tether or dump or cashout.
Now from a technical perspective, this can be a good sign that we're heading to the last bearish wave which can be a bi bloody (new bottom probably). From there we'l have to wait for the next move, which can be the next bu run, but i don't expect it to be as fast as the last one, but who knows.
I am agree with your opinion. Price rising on december 2017 is too fast and many people taking profits at highest price. But i do believe market will recovery again and i am still believe crypto market cap still undervalue and in the future will reach trillion dollar market cap
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Hello everyone, I have seen many failed projects recently. I have received many emails regarding investing on ICOs, so is it still a good time to invest? I didn't made good with my earlier investments. Is there still a future for ERC-20 tokens?
I think many ERC token have good future. Most token in market using ethereum blockchain because developers interesting using smart contract. Many ERC token having working product and i am believe some ERC20 token have a good future
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Most people in hong kong having good knowledge in investment and i am believe if they dont ban exchange, their transaction will be big. Hong Kong is financial hub in asia and having big financial transaction. Its good for Hong Kong if they dont ban cryptocurrency exchange
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Blockchains allow frictionless, fast, safe, and fair transactions between parties worldwide. They limit the ability of parties to benefit at the expense of the greater economy. They allow integration of the entire world into a fair and level economic playing field. And will help us to create the fair, honest, efficient, and safe world we all want to live in – says Paul Snow, CEO at Factom.com, in Bithub.pl’s #SundayInterview.
Is blockchain a breakthrough technology that can bring transparency to every aspect of social and political life? Or such a statement would be too far-fetched?
I am believe blockchain is good technology and future of our economic. If more company using blockchain on their service, i am believe company will expand the bussiness more faster because they can save a lot cost
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Today I read this article..... https://www.ccn.com/bitcoins-electricity-usage-could-power-all-of-austria-in-the-future/It says in 2018 Bitcoin mining may consume 0.5% of world’s electricity in 2018. I think this is because the mechanism "PoW" of Bitcoin. It costs a lot of power. And it looks like this statistics only includes Bitcoin, but there are still other coins can be mined. I am sure for some people this is not environment-friendly and this could be used as the reason to restrict Bitcoin. Will this affect the future of Bitcoin? or will there be any new energy-saving mining method for Bitcoin or other coins? How do you think about this? Off course every year, electricity capacity should always increased by government because economic activity increasing too. I am believe bitcoin mining is economic activity too and it helps people getting extra income from cryptocurrency industry. I think more power needed by bitcoin mining, more good for bitcoin because the activity on bitcoin increasing and the price must be increasing too
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