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581  Alternate cryptocurrencies / Altcoin Discussion / Re: Preparing for the dip days as an investor on: March 14, 2020, 08:30:33 AM
The biggest investment in my portfolio is Ethereum.  Of course, it’s very unfortunate that I did not follow what was happening on the cryptocurrency market and did not benefit from such price fluctuations when the price of Ethereum fell from $ 200 to $ 119 per coin.  Nevertheless, I decided to invest a certain amount in Ethereum again when the price dropped to $ 129.  I think this is a good chance, given the possible increase in prices due to bitcoin halving, which in turn should affect other cryptocurrencies.
582  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Blockchain in Hollywood Movies on: March 13, 2020, 06:30:10 PM
Undoubtedly, any films and series that mention cryptocurrency and blockchain at least in passing make cryptocurrency more popular and attract interested people to cryptocurrencies, among which there can be a huge number of potential investors.  Of course, this is only for the benefit of each cryptocurrency user.  But I’ve watched several episodes with criminal overtones several times, where very often criminals, including drug dealers, use Bitcoin or other cryptocurrencies for their financial transactions, since no one can trace neither the owners of the cryptocurrency nor track the information about the product for which they paid  cryptocurrency.  I believe that this moment negatively affects the popularization of cryptocurrency in society.

Mostly, yes. It was always glued to a bad scene or plot.
But that could change. We are still in an era where people are lazy enough to research with what the real deal is.
Judging everything just because of one bad event or an experience of one know person.

Somewhere in the future those will change.
These movies will surely use it just like a normal currency should be.
Negative to positive. They are making it more popular even with those bad plots they make.
Today, life is quite complicated and therefore the mentality of people is almost similar in every country, because they perceive negative things much faster than good ones.  That is why I am worried about the fate of cryptocurrency, since the directors show the cryptocurrency in a bad light, because they show how criminals can use cryptocurrency to finance crime.  Although if you think about this topic more carefully, then Nobody forbids dollars, when the forbidden funds are most bought and sold for this currency.
583  Economy / Trading Discussion / Re: Does the bitcoin price go up and down correlation to the stock market? on: March 13, 2020, 05:49:25 PM
I am afraid it became a lot like that nowadays. Normally back in the day it wasn't like that at all, it was actually correlated in reverse where when stock market crashed the bitcoin price went up. For some reason bitcoin was triggered when people withdrew their money from stock market, even if that didn't mean they put that money into bitcoin at all, it was still going up no matter where that money went to.

However, lately it has been more correlated directly where stock markets went down and bitcoin went down with it, no idea why it is like that or not but that happens more frequently nowadays. I hope soon we will actually have reverse again because today was a really really bad day for stock markets and it affected us a lot. I don't want to see stuff like that again hopefully.
While Bitcoin fell to $ 5,100, I immediately drew attention to the stock market and commodity market quotes.  I made sure that almost everything falls in price.  Even oil has fallen in price by almost half.  Of course, the United States finds leverage to somehow preserve the value of its national currency, because unlike the dollar, the national currency of my country has significantly decreased in value.  I believe that there are very important points in the financial and economic world that affect the current situation.  Although so far I have blamed speculators for manipulating the cryptocurrency market, But it seems that they have nothing to do with it.
584  Economy / Trading Discussion / Re: Best way to buy Bitcoin (since halving is coming) on: March 13, 2020, 05:20:37 PM
~snip~

Hi, pezdspense. Think carefully before deciding to buy bitcoins for cash, as this leads to loss of anonymity, which is very important for cryptologists. Think about purchasing bitcoins in small batches to minimize the risk on one of the trading platforms of undemanding KYC.
Undoubtedly, today is a very good opportunity to buy cheap Bitcoin before the next halving, since prices have decreased by more than 30%.  But regarding the provision of passport data at the time of purchase, Bitcoin scares few.  I personally do not see anything wrong with what KYC will require for me when buying Bitcoin for cash.  Moreover, in my country there is no state ban on the use and trade of cryptocurrency, although there is a minimum amount for which additional documents may be required.  but for me it’s not cretical.  Why are you so negative about Kyc and afraid of it?
585  Economy / Speculation / Re: A Saving Plan on: March 12, 2020, 07:26:11 PM
I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.
This is your perfect time mate because Bitcoin is bellowing $8k and seems that there are more dumping will happen in the next days (But not will fall to 6k)
actually i try to do this way wack to at least Put some part of my monthly paycheck to bitcoin but i stopped last year because of some emergency issues and i need to pay loans until now,but lucky that My bitcoin are intact and still in place to my hands and waiting for the Bullrun to come.
I make monthly investments in Bitcoin, which consist of a certain part of my salary.  But I do not expect too quick income, because I make investments for a long period.  Of course, it is difficult to call it a reliable repository for money, because prices either rise or fall, so I prefer to keep my money in more stable values.  But Bitcoin is sure to make a profit, but only after a long time.
586  Economy / Speculation / Re: Does the Coronavirus (Covid-19) make BTC to rise? on: March 12, 2020, 06:30:31 PM
if the government bans paper money, I think Bitcoin will show its fangs !, if paper currency is no longer valid because of a virus, bitcoin can take over that position from paper money! but the problem is that not everyone knows how it works,
The government will never agree to refuse paper money, because it is their monopoly, thanks to which they create inflation in their countries by printing new volumes of notes.  Bitcoin will be able to knock out hard ground under the feet of bad officials when it is legalized, but nevertheless paper money will be in use not only thanks to state support, but also because most older people prefer to use paper money, because  ease of use and because of unwillingness to learn something new, such as cryptocurrency.
587  Economy / Speculation / Re: WHEN we should sell BTC after halving as a LONG-TERM invest? on: March 12, 2020, 05:45:51 PM
if you want to sell it now seems like the time is a bit right, why? because usually the price before halving will go down, then you can buy it in support, now the price of bitcoin is still in the support zone, you have to look overnight so you can sell it right if it moves down

We hope that he already sell it yesterday so he can buy bitcoin again today because the bitcoin price now is down deeper than yesterday. Or if he did not sell it yesterday, he could still hold it again, and don't sell it now because he will not make a profit. The bitcoin price now seems to get stronger than a few hours ago so we can hope that the price can bounce and back to a higher rate. If there is much demand for buying bitcoin, we can wish that the price slowly will increase.
Since I have very high expectations for the next bitcoin halving, I believe that the current situation in the cryptocurrency market contributes to a profitable investment in bitcoins at a cheap price.  Over the past few days, prices have fallen by an average of 20%, and if you buy Bitcoin today, then after the halving, the profit will be noticeable.
588  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: March 11, 2020, 06:41:00 PM
I believe that the popularity in the cryptocurrency community should rise following the example of such payment systems as PayPal and webmoney.  Cryptocurrencies will be massively used in everyday life only when a person sees the real possibilities and benefits of using cryptocurrency as a means of payment.  In this way, the situation on the cryptocurrency market will change, because people should see Real prospects in the future from the use of cryptocurrency, and for this it is necessary to provide people with examples and as much information as possible.
589  Economy / Economics / Re: Countries with banks to buy and sell cryptocurrencies on: March 11, 2020, 06:05:56 PM
As the number of supporters for crypto currency increases, the chance for it to soar high develops too. Trends like this could strengthen the crypto community as a mass adoption would surely happen. I hope our country also would see the bright future of cryptocurency ahead and invest in it for a possible return of profit that will benefit the society. Furthermore, crypto currency could help a country with the benefits it has especially an opportunity for the people to be an investor in the comfort of their own home and accessibility anywhere.
It seems to me that with the legalization of cryptocurrencies, the banking system, including the government, will lose the monopoly in the financial market and lose the ability to influence and control people.  Although many cryptocurrency users today are trying to take bank loans in order to invest in cryptocurrency.  This is a very dangerous step, but for banks it is a very profitable and good cooperation.
590  Economy / Economics / Re: is it possible that the bitcoin was created by governments? on: March 11, 2020, 05:19:10 PM
It seems to me that the government already has complete power over a person and at any moment can rob every citizen of his country.  They provoke inflation without problems by printing new paper notes, removing the value of the national currency, but Bitcoin was created for a completely different one, and therefore I think that Bitcoin and governments have nothing in common.  At least I’m sure that a lot of special services are hunting for Satoshi Nakamoto today to get as much information about blockchain and bitcoin as possible in order to gain influence on the cryptocurrency market.
591  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Blockchain in Hollywood Movies on: March 10, 2020, 05:18:21 PM
Undoubtedly, any films and series that mention cryptocurrency and blockchain at least in passing make cryptocurrency more popular and attract interested people to cryptocurrencies, among which there can be a huge number of potential investors.  Of course, this is only for the benefit of each cryptocurrency user.  But I’ve watched several episodes with criminal overtones several times, where very often criminals, including drug dealers, use Bitcoin or other cryptocurrencies for their financial transactions, since no one can trace neither the owners of the cryptocurrency nor track the information about the product for which they paid  cryptocurrency.  I believe that this moment negatively affects the popularization of cryptocurrency in society.
592  Bitcoin / Bitcoin Discussion / Re: Would You Rent A Car With Bitcoin? on: March 10, 2020, 04:44:38 PM
Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

Do you mean renting while on a holiday or actually leasing a car for months/years?
Maybe he mean for a day or for a week. I tried renting a car for family vacation but they only offer a maximum of 5 days, guess it depends on the company policy, I haven't try renting a car for a month. I think the crypto payment would not be that effective, why? simply because it is volatile, the payment for crypto will be just seasonal and that is when the market turns green and people already gained from it. So if you are looking for a travel industry feature, the best is the cheap price.
Undoubtedly, I also believe that the larger the range of services for cryptocurrency users using bitcoin, the faster the popularity of cryptocurrency and the number of its users will grow.  But if we consider the current situation in the cryptocurrency market, then for me personally, the service for using Bitcoin as a means of payment is not very important, because in my opinion bitcoin has not yet reached the value that I could give it for some services or some  things.  Of course, the infrastructure for using Bitcoin should be developed in any case, but at the moment I consider Bitcoin not as a means of payment, but as a profitable long-term investment.
593  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Could Be The Key To World Peace on: March 10, 2020, 04:16:29 PM
Your post is very interesting. I had never considered that Bitcoin could contribute in this way to world peace, and I think there is some truth in that. With Bitcoin the power of individuals over governments, and large corporations, is increased and I think that is one of the reasons for the concern of governments with the advance of Bitcoin and cryptocurrencies.
The current monetary system is strong, but in just 11 years of creating Bitcoin it has generated a true revolution that is beginning to generate its effects, and we can observe these effects with the proposals of some central banks to create their own cryptocurrencies to conserve, even certain point, control your monetary system and collect taxes from its citizens.
I believe that at a time when Bitcoin will be recognized worldwide and will be used by most people, the value of Bitcoin will be much more stable than any fiat currencies today.  The fact is that Bitcoin will make it possible to avoid inflation in many countries that the government is manipulating, thereby depreciating the savings of its people.  Since Bitcoins have a limited amount, no one can print them more like fiat money.
594  Economy / Trading Discussion / Re: Do you use a trading Bot? on: February 17, 2020, 06:06:19 PM
According to the reviews of many traders, not a very large number of users use the trading bot, and if someone resorts to the help of such software, then they will not use it for too long, because the results will still deteriorate over time.  I prefer to analyze the cryptocurrency market myself and the graphs of price fluctuations of the coins I have selected, in order not only to improve my income, but also to get much more experience from trading.  Nevertheless, my friends very often advise me to use the trading bot in parallel with their activities, so that the trading bot is engaged in certain assets without delay and delays that I can allow.
595  Economy / Trading Discussion / Re: What are the most popular cryptocurrencies for investors? on: February 17, 2020, 05:38:48 PM
I believe that each investor in his own way determines the benefit of investing his money in a particular cryptocurrency and each one selects coins for investment in his own way.  To date, I have not a single bitcoin left, because I decided to invest it in other cryptocurrencies, including ethereum.  But besides this coin, I also chose the Glitzcoin coin, which is on the stellar blockchain, as well as Jur and Pundi X, on the erc20 blockchain.  I believe that this is one of my main investments.
596  Alternate cryptocurrencies / Altcoin Discussion / Re: Next big thing in crypto? on: February 16, 2020, 10:42:18 AM
We cannot guess the big things that will happen in the future for the world of Crypto, As is happening now, the Corona virus, this is also a big thing in the world of Crypto, especially the world of Crypto in China, Where Bitcoin mining there is hampered. We know that the largest number of Bitcoin users are in China, and I think this is very influential on the price of Bitcoin on the market.
That's right because cryptocurrency is full of surprises. It can be better or even vice versa. But clearly, cryptocurrency will be increasingly known and its adoption will be more widespread. Bitcoin is increasingly rare and difficult to be mined so that indirectly it will increase its value.
Of course, according to statistics in China, a really large number of bitcoin owners, as well as the largest part of the Chinese miners, control the hash speed of bitcoin.  Perhaps that is why most cryptocurrency users today are horrified at what is happening in China because of the coronavirus epidemic, because the positive growth momentum of the cryptocurrency market today can change quickly to an active drop in the price of bitcoin. but I’m sure that this will not happen, since there are all the prerequisites for a bull run on the cryptocurrency market and, first of all, it should be considered a positive fact of the upcoming halving bitcoin.  if the situation in China could affect the situation, then this would have happened a long time ago.
597  Alternate cryptocurrencies / Altcoin Discussion / Re: Just a quick warning on: February 16, 2020, 10:04:54 AM
This is a fairly common and obvious rule, and everyone knows it. But unfortunately it is violated very often. Therefore, I believe that it will not be superfluous to once again remind novice investors that they should not forget about diversification.

Often people do not understand the most important thing. This is what is important in the project, not what he is going to do in the future, but what he has at the moment.
As a rule, people looking at a project look at its promises, and not at an existing result. Which subsequently leads to the fact that the project is not able to solve the tasks and closes. And people who had high expectations regarding this project remain fools.
Of course, I completely agree with you that each investor first of all pays attention to the professionalism of the team with which he is developing his project at the moment, because any promise of future development should be supported by real actions that are carried out for this period.  This of course is an integral part that should be present in a promising project.  Nevertheless, I still constantly pay attention to global plans for using the project and how much this product will be in demand in society.
598  Alternate cryptocurrencies / Altcoin Discussion / Re: Metamask Reaches One Million Users on: February 16, 2020, 07:31:19 AM
If metamask has really reached a million users, it is indisputable that the metamask as a browser plug-in met all expectations, since acting as an intermediate between a wallet and a trading exchange or regular sites, for example, is a very good opportunity to save all your sensitive data when using the wallet actively.
But as a basic wallet, I recommend Myetherwallet to everyone, because this wallet has never compromised itself.
599  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: February 15, 2020, 03:50:36 PM
One way or another, only after a generational change will the cryptocurrency be fully appreciated by humanity.  At least today, large companies and various financial institutions are starting to use blockchain in their work, and this already says a lot.  In addition, you need to convince people of the usefulness of cryptocurrency, and especially to remove the government’s Monopoly on increasing paper money so that our home budget ceases to depreciate.  Nevertheless, for a few more years only a narrow circle of cryptocurrency users will use cryptocurrency.
600  Economy / Economics / Re: What is the strangest Fiat currency you have seen? on: February 15, 2020, 02:41:40 PM
For me this is the funniest currency I've ever seen Grin. Though it was only drawn on the paper money and not the actual design, it still makes me amazed and smile at the same time. Only the gamers can relate to this, *sigh it feels good to reminisce the old days Cheesy.
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I believe that it’s not worth talking about the “old days”, because I’m already over 40 years old, but I still love to play “God of War” on the PlayStation and on the portable PSP.  Grin
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