The US government either can print more money to pay off their debt or default which in either case produce more problems in the long run. I agree that with cryptocurrency, most citizens would be able to avoid poverty. But I think what people really need is a stable coin for those who doesn't want to invest in a high volatility coin like Bitcoin. Like for example, euro, yen, or even gold.
It is impossible for a country to print more money just to pay off their debt this will have a huge impact on the economic status of one country. As printing press sped up, prices will grow faster that would cause hyperinflation or worse their currency might ended up worthless. This is already happened in Zimbabwe and Venezuela. Hence, for me it is much better if they will use cryptocurrency to reduce their debt. |
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According to the cryptocrunch: https://cryptocrunchapp.com/news/bitcoin-officially-included-in-french-high-school-syllabus/Bitcoin cryptocurrency education will be implemented to French High School Syllabus. It is a new way to introduce money to students. They are focusing on four Video questions: 1. Can bitcoin be a replacement to Euro? 2. Is bitcoin the currency of the future? 3. Is bitcoin is a currency like others? 4. Do you have to trust your currency? Regarding this, it would be a good start to educate students about money and trust. What's your opinion about this? Should cryptocurrency as a whole and blockchain be in schools curriculum? I think to be added in school's curriculum is a big improvement for Cryptocurrency. This will enlighten the young ones what cryptocurrencies is all about, this is a beginning of massive adoption. Bitcoin and other cryptocurrencies has a possibility of being used in the future thus being taught in school help children to use this type of technology. With regards if bitcoin will replace Euro I think not, Bitcoin could only become an another form of payment but it will not entirely replace the traditional form of currency which is fiat. |
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I have play dice gambling for more than 2 years, and my favorite strategy is 90% winning chance, I think all of the gambler that play with automatic rolls always using martingale system, the key of winning in dice game is know when to stop, I used to play with automatic rolls but now I play manually, in that way I can set a better strategy everytime I roll
High percentage of winning chance is much better for automatic rolls. In my gameplay I used to set high percentage of winning with automatic rolls and just leave it there, my bet is high as well and yeah sometimes I'm having a good run however, if I got a little bit unlucky then it could wipe out all of my funds. The second strategy is that the chance of winning will be set below 50% with small amount of bet and manually generated. This will give a high return but it requires a huge amount of bankroll. |
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The year 2017 was a golden year for bitcoin wherein it got global attention after the crazy pump in it's value but are we still expecting a repeat of 2017 for the end of 2019 or beginning of 2020 ? Do we have any concrete proof that we will experience bull run apart from the bitcoin halving ? We expected the same last year but ended up in disappointment and will it be wise to expect the same or we can expect a decent pump if not multi fold increase in the value of bitcoin and altcoin ?
We will definitely see Bitcoin as what it look like before 2017 or even more greater however, there no precise time when we will see it again. Bitcoin especially Blockchain is now being acknowledge by government, for instance, the president of China had a speech about promulgation of Blockchain technology. This acknowledgement will be capture more investors that would create a big impact in the fluctuations of cryptocurrencies. |
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I don't think blockchain will give a country's economic boost. economic improvement is influenced by many things. blockchain is just a technology created to make it easier for us to make transactions using blockchain transactions will be faster and cheaper also does not require a third party. and also transparent all parties can see the data. blockchain makes it easy to transact.
Perhaps Blockchain could make a difference in economic status of one country. Just like you have mentioned Blockchain technology make transactions more faster and cheaper basically, more efficient. Remember every second and every minute corresponds a huge amount of money, time is all matters. If every each country will use Blockchain for any transaction they could save a lot of time and there's a chance for them to boost their economy. |
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I can see a lot of applications for trading cyrpto-currency on Apple devices. I don’t have any apple devices with me currently, so are any trading platforms that work on Android on the Google Playstore?
Probably you haven't check the Google Playstore yet. There's a lot of crypto-trading platform that is compatible for android such as Binance and Coinbase. Besides, there are still some exchange that is accessible in mobile browsers so even if your favorite exchanges have no mobile app you could still access it via your phone. Binance is a good trading platform and Coinbase for trading top-ranked coins. |
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For altcoin I am pretty sure if it can happen it will have no price. but for bitcoin it can happen but seeing what is happening now seems impossible. people are so confident about the rise in bitcoin. bitcoin socialization which gives advantages in my opinion is increasingly making it popular so that it can be said its future is quite good and strategic
You have a point probably some altcoins could become totally zero but for Bitcoin I doubt it will happen unless there will be new digital currency that is more efficient in Bitcoin. On the other hand, Blockchain technology is gradually becoming a trend as a matter of fact big countries such as China is already promoting this technology and even taught in education in France, thus I have huge faith that crypto will not turn into zero but rather become more promising. |
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You can search it on google and you'll see a lot of predictions. Even here in this forum, you can find one. What's best is to gather different predictions and just compare them. Look what are their opinions and their basis. But personally, I don't really look much on predictions since everything is still unsure and I don't want to depend on it since there are no hundred accuracies. Sometimes I read some predictions here in this forum if I see one. But I will still contemplate whether to believe it or not.
most considerations from various sources I think will confuse us, the best is to predict with our personal analysis. those who predict there is no guarantee the price will be in accordance with their predictions. so confident I think it will be better It will be better doing that, it's your own assessment that will lead you to understand more the market behaviors. When you are just leaning to someone's predictions you can't be calm when the market is running in different directions, better to have your own plans and system it will enrich your knowledge. Every market movements both mistakes and good positions adds to your skills, it will be nice to enhance and not to rely to anybody. Indeed, have your own predictions and don't rely on other's prediction that is another rule of trading. You should make your own prediction, market is undeniably tricky, I mean it market could oppose everyone's prediction so it is better to follow your own instinct because sometimes it never fail us. In making your own prediction you could discover strategies and learn at the same time. |
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Hello,
I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.
So, what happened today? Is this related to some news? where can I follow this kind of stuff?
Thnx
market not always rise, sometimes market will drop too, especially crypto market mate because this market is very volatile, so, can drop and rise in short time so, do not confuse, all you need to do is to learn how to grab a coin when the price down, then sell it when the price up why need to be confused and surprised because it is a natural thing in the crypto market, a decline can occur at any time and price increases so too. of course all you have to do in the current market conditions is buy a lot of ETH and be patient waiting for the next price increase. buying at low prices and selling when prices go up is a basic technique in trading. It seems like your words are very much the same from the words of the people in this thread. this is something that should not be said over and over again in my opinion because everyone already knows about it. We only need when the price will go down and when the price will go back up. And I think that is impossible to predict of, no one exactly knows when crypto market will make a move because if we do then the market will never the same as the way we think of. Yeah, we can make technical analysis but this is not enough to predict the move of the market. Yeah, hodl, buy and sell and more are well known in this industry yet there are still some people who failed. |
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at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
Probably government dislike Bitcoin simply because of course the anonymity since it is really hard to modulate this kind of currency indeed. Besides, they welcome Blockchain but didn't acknowledge the existence of Bitcoin because they probably wanted to create their own coin that is centralized for them to manipulate. However, I do still believe that Bitcoin would be widely accepted by world government not for now but soon. |
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This fun picture got me thinking. https://imgur.com/2GwIL5YWhat are your biggest fear in crypto? As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction. Waking up one morning and knowing that the whole cryptocurrency market went down to nothing? Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow? By the way, Happy Halloween! I fear losing all my private keys, passphrase and other private info with regards in crypto. I am afraid that maybe someone could hack my account and stole all my hard-earned money as well. So basically, I am afraid of losing my savings because this is all I had, this is where my income came from, I have no job and I'm just relying in crypto. That is why I keep my private keys in safe place and I am the only one who have access on it. |
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Was reading about how Bitcoin first came into existence and people's first experiences with Bitcoin, cryptocurrency, etc on Reddit. I want to know how your guy's first experiences was with Bitcoin, and if you ever had any regrets or wins throughout the years. Also, would be cool to know how people first actually got Bitcoin back nearly a decade ago when it wasn't as easy as buying some from a local Bitcoin ATM near you.
I met Bitcoin because of friend, he encourage me to play in a online casino to play dice without placing any money. He taught me how to get the coin which will be used in gameplay which is Bitcoin through faucets and I got really fascinated about it. Eventually he found this forum and invited me again to participate in signature campaigns which gives me enough knowledge, experiences and funds then I learn how to trade and make an investment. The only regret I felt is that I should discover it more earlier so that I can invest an enough amount of money and get a high return in uptrend happened in 2017. |
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Here in our country we do have website, groups and page for news and updates, so it is really a good thing as we are becoming aware about what is happening in and outside our country regarding crypto.
It is really important to have news and read when we have time so we can gain some learnings and updates and be confident with what we are investing at.
Participating upon your country's community related to cryptocurrencies is a good option indeed. This will be great way to inform or disseminate news to your fellow crypto users within your country. I myself used to join in these community to know what is the trend in this industry yet I used to read news articles in google as well for a another source. I am pretty sure that every country have telegram group so don't afraid to join. |
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I believe that every good lesson starts with a good story and on this note, I want to tell you about the experience I had that made me cautious of "Get rich quick" schemes online especially those pertaining to Cryptocurrencies.
I discovered Bitcoin in early 2013 and although I didn't take it seriously at first, I was earning little money from it doing tasks online (pay for view, faucets and such), I took it more as a hobby and never intended on selling the bitcoin, I just knew in my heart that it would do great so I wanted to accumulate as much as possible without having to spend my money buying it (this was before I got into mining), fast forward to 2015 when the money doubling schemes were everywhere, I kept seeing adverts online and even though I knew better, I decided to invest in one of them (Avabitcoin) with the coins I got from my early days of discovering bitcoin, Avabitcoin was a platform where you invest bitcoin and they supposedly invest it and return profits to you on a daily basis, I decided to take the risk and invested for the first day, got back my money plus 12% profit, and greed overtook me and I did kept doing it for 2 more weeks before they vanished with my funds. I kept going all in even when I had already doubled my money.
If you want to avoid getting scammed online, you just have to follow the following:
Greed: Greed has led a lot of people straight to rekt, like my story above would have told you, I couldn't resist the pull of greed even when I had doubled my funds.
HYIPs: When it looks too good to be true, then it's probably too good to be true, when you see any investments that promise high yield returns, please stay far away from them, when you see genuine projects that offers returns, most of their returns are so low, some of them are average of 10% per annum and it's a wonder that we see platforms offering 10% and above in a day and we gladly jump straight into rekt, like I said, if it sounds too good to be true, then it's too good to be true.
FOMO: If not for the hype that Avabitcoin generated, I would not have invested in it in 2015, learn how to DYOR and avoid what others have to say about projects they seem to support, infact your mindset should be that everybody is trying to rip you off so if you always look at every hyped project with that mindset, you would have a clearer picture of the project without the blindfold of FOMO.
Rushing: Avoid rushing into any investment because you heard it's paying others, one of the virtues of a Cryptocurrency investor is patience, Cryptocurrency investments are high risk investments and you have to treat it like gambling, never invest more than you can afford to lose, never go all in on any project no matter how good it looks.
If you have any similar experience, please kindly share it, it might help others (especially the newbies to avoid being scammed by shady projects out there.
Also avoid engaging in transaction without knowing anything. Avoid clicking some random link because it could cause downloading of malware that could possibly penetrate your system and obtain your precious data such as passwords. You could also do make some research first the project you were going to engage in, check their roadmap and make a technical analysis out from it. |
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I know this is opinion-related topic and I shouldn't consider your answer as financial advice. Anyway I'd like to see what you think about it and what you would do. Even better, you could reason why you think this way.
This is a good start. Now, you probably know that Bitcoin (and altcoins) prices variation/volatility is big. This makes Bitcoin an interesting investment if you have money you afford to lose, but not "safe" as "savings account". Bitcoin price, on long term, should grow a lot. But there are big falls too and there's a risk that in the moment you need your money the price is lower than when you bought. Of course, you can be lucky and get rich by buying Bitcoin and catching the best moment to sell. You or your kids.. Edit: I would probably buy Euro, Bitcoin and maybe gold too (although I'm not sure it makes sense for 2-400$) I agree that Bitcoin the the best place to your money if you don't planning to use it in any way it is better to convert in into Bitcoin and Hold thus you could gain a profit without doing nothing. Bitcoin will surely give a high return compared to USD because of volatility of Bitcoin. Yes it is risky but not the same as risk of investing in other altcoins besides the more risk you take the more profit you'll have. |
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there are too many rules around these days and although i think they are all good but it is best that people reach their own rules in time as they make trades. for example they have to fail a couple of times because of "revenge trading" before they stop doing it and make better decisions while not being emotional anymore.
For the best lesson to be learned in trading, one should have the best mentor that will dictate what to avoid and to pursue. It is their experience that will make them avoid losses and push through profits. In my case, I have lost allot when I am just beginning to trade, I don't even know when to buy and sell till I get use to the market, and with the help of analysis, I can earn profits and at the same time, the mistakes that I've committed before is avoided because I already know and learned from it. Experiences can help you to grow a lot especially on trading, Traders need to have skills and the determination to grow their base capital. Set emotion aside because it is the number one reason why starting traders fail. They keep their emotions on the trade they are making, Many emotions are their especially getting fear of losing trade can make your plans go more ruined. The OP will give you enlightenment especially if you are a newbie on trading. Hands up to malekbaba for making this post. Experience indeed is one of the most important thing you must have along with knowledge. Enough experience will help us to deal with our tradings. Regards with rules in trading first, leave our emotions out of this because this could be a hindrance and could ruin our trade. We shouldn't take any tips what to do with our trading strategies because it might not compatible. Always have a plan in making a trade, do some technical analysis before make any action to reduce the risk. |
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China’s state-controlled television station, CCTV.com, recently hosted a segment breaking down Bitcoin, according to a prominent trader that closely follows the region’s cryptocurrency scene. China's state controlled television explaining the basics of "first ever blockchain technology" #bitcoin $btc, and how a distributed ledger works Imagine 1.3 billion people got to know bitcoin because state made an effort to explain how it works. China has something to do with Bitcoin's price increase. No one denies that. But, to be clear, the recent Bitcoin price increase is not solely about China. China was not everything to what happened. I don't like hearing statements saying China is the one that caused the pump, China is the reason why Bitcoin's price increased, China caused the massive dump, China is the one that controls the fate of Bitcoin because the largest mining farm is in China, etc. What do all these imply, that China is lording over Bitcoin? Or Bitcoin is in China's hands? I don't share this. China has really a huge impact in manipulating Bitcoin's price, remember way back 2018 they banned exchanges and other transaction related with Bitcoin, it really hit hard enough to make a downfall for crypto. And recently, president of China has endorsed Blockchain techology in his speech in fact perhaps this is the reason of sudden fluctuation. |
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Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.
Best Regards
CHRIS
Day trading happens only in a single amount of time probably a minutes, taking the advantages of short-term fluctuations and this only occurs within the day while long term trading takes a months or even a year, basically you only need to the HODL technique from this one. Regarding which of them will be more profitable I think it is still depends on the liquidity of the market. In day trade you can only earn a small percentage of profit compared to long term but in total percentage of your profit within months or year, you could be somehow get the same amount of return. |
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The first rule in gambling is to limit your money. Use some money you can afford to lose, not more or less. You should have control yourself in gambling because the lure to get a win will bigger, especially if you lose. You will hear a sound in your ear that keeps whispers you to continue even if you lose some little money. If you decide to continue, you will lose again. But if you stop at that time, you can prevent another loss.
That is the best thing to do however the things is it is easy to be said than to be done, what I mean is that when we were on that situation admit that sometimes we lose our cool and we will not able to control our emotions. Anyway, in my case I would limit my bankroll that is enough to satisfy my gameplay and spend only the money I can afford to lose. |
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I think this is right. Bitcoin maybe the king of crypto as of now, but only time will tell what is it's future. I think bitcoin won't just die off, but eventually will come equal to others alts. I think it is wrong to say that alt coins are not the future, premium alts like ETH, BNB are really great and have a lot potential.
There are so many altcoins that had potential in future. but for me still bitcoin will be more potential and no one can surpass it as long as no other very useful altcoins or own crypto currency by government. because as of now bitcoin is still have the huge price over thousand of dollar. and I think non of this altcoins can reach that amount. for sure a lot will be happen in the next hour, day or month. so we used to do now is to learn more accumulate more knowledge and skill so we can keep up with the new trend. Even if government create their own coin I think they will not still able to replace Bitcoin due to the fact that the coin will be created by them is not decentralized. Besides, Bitcoin is way more better to other altcoins for now due to the volume it have. Regarding if Bitcoin will able to stand alone, I think it will however, it will not be as great as it is now because altcoins have huge contribution in growth of Bitcoin. |
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