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61  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The market is looking all red once again on: November 15, 2018, 08:42:11 PM
Such a significant fall cannot be accidental. It is no secret that the market is managed by people with large capital. Therefore, this price reduction is profitable for them. Most likely, the market is on the verge of important news and another upturn, and they want to buy bitcoin cheaper. But it is not exactly
62  Economy / Economics / Re: harmonization of fiat and crypto on: November 14, 2018, 04:56:33 PM
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.


The cost of fiat money depends on the country's economy. If this money is made digital, then nothing will change much. There will be similar digital money that depends on the country's economy. It's too early to talk about the death of fiat money
63  Economy / Economics / Re: Diversify Investments on: November 14, 2018, 04:51:47 PM
Usually they recommend you to diversify your investment, so you avoid losses.

But as a real approach, having $1.5k, would you invest in how many cryptocurrencies ?

What if I invest little by little, only in Bitcoin, would that work as well ?

Even if you have only $1500, you can invest in the same way as rich investors. This is a plus cryptocurrency market. Such investments are available to a person with any capital. Moreover, if you have little money, then you have a great opportunity to learn how to invest while you are not rich
64  Economy / Economics / Re: Friends reactions to crypto currencies? on: November 13, 2018, 06:30:44 PM
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?

I told some of my friends about cryptocurrency a year ago during the rapid growth. But the problem is that they were greedy and did not have time to sell bitcoin profitably. Therefore, they are now unhappy, as their investments in HOLD.
65  Economy / Economics / Re: Blockchain and AI will improve the world economy on: November 13, 2018, 06:27:40 PM
Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy?  Huh

I participate in one project on the side of the team and I can confidently say that artificial intelligence helps us to detect malicious comments in the chat. And the monetization of the project itself is arranged thanks to an internal token.
66  Economy / Economics / Re: Money Matters on: November 12, 2018, 05:10:45 PM
Isn't it interesting that those who pontificate that "Money is not everything" usually have money?

Be broke for a few weeks unable to pay your bills, pay rent and afford basic necessities, and then let's see if you'd still hold the same position about money.

Let us be sincere and stop fooling around; MONEY IS SOMETHING! A very huge something!! At least in this present world. Might not be a big deal in another world. But in this world? Save me the sermon.

Without money in this world, rarely does anything get done. In fact, many things suffer needlessly without money. Even the Bible is flat-out frank enough to recognize the fact that money answers all things in the context of this present world. It doesn't say money is "the answer to all things" but it answers all things.

So please, before you sermonize me that money is not everything or that money is no big deal, credit my blockchain address with one thousand units of Bitcoin and forget about it. Then I'd believe you. In fact, I'd sing it along with you...money ain't nothing!


I am more inclined to believe that knowledge is much more important than money. An enterprising person who has enough financial knowledge without problems can make a lot of money. Therefore, these people have other priorities. In addition, such people appreciate all health. But for me personally, spiritual development is even more important.
67  Economy / Economics / Re: You cannot eat your cake and have it on: November 12, 2018, 04:52:12 PM
There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.


High risk investments in cryptocurrency on borrowed funds can be afforded when the market is in a phase of active growth. The main thing is not to be greedy and get out of investments on time with a profit. If you greedy and missed the moment of exit, then you need to either wait for the new movement to erupt, or go to the minus. The main thing is not to be greedy.
68  Economy / Economics / Re: Is there any chance of having one global currency? on: November 10, 2018, 08:23:59 PM
Could you see a future wherein the entire world shares one global currency, be it fiat or crypto? If I think it in a scifi kind of way, it would most probably be some digital currency that could all just use. It doesn't even have to be in this century. Maybe the next?

The experience of the European Union shows that it is very difficult. And considering the different state of the economies of the countries of the whole world and the different mentality of the countries, this is basically impossible.
69  Economy / Economics / Re: Each country has its own crypto currency! on: November 10, 2018, 08:21:37 PM
If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?


It all depends on what these cryptocurrencies will be provided with. Growth will depend on it. If these currencies are provided by the economies of each country, then this is essentially nothing more than a digital version of their fiat currencies. That is, we get the same rate as in the usual foreign exchange market.
70  Bitcoin / Bitcoin Discussion / Re: Simple Bitcoin Question on: November 08, 2018, 10:40:58 PM
The whole market follows and depends on Bitcoin, thus Bitcoin can't pump unless something new happens. The word on the street is Bitcoin is a dead project. Will BTC death free all the markets or will BTC take down everything with it. Do people really believe that Bitcoin has a  demand from institutions with all the manipulation and no adoption going on? How do we get all the norms to demand the supply and get a bull run going again?

Surely you have already seen that bitcoin is not a dead project. At the moment, his course has stabilized and is not reduced. This suggests that investors believe in bitcoin. I am sure that regulators will soon believe in bitcoin. They just need more time to make the right decision.
71  Bitcoin / Project Development / Re: What methods to use to promote the project? on: November 08, 2018, 10:18:47 PM
Hello. We want to launch our own project and may be you can advise us good methods to promote it.

The best way to promote is to hire experienced marketers with specialized expertise. A more difficult option is to try to attract well-known investors and advisors.
72  Economy / Economics / Re: Sick and tired of the cryptocurrency bullshit!!! on: November 07, 2018, 03:29:17 PM
Warning! Ranting ahead!

I am getting really pissed at the state of the markets. Despite positive news, the market is still pissing blood. Why?

Tons of videos on YouTube over and over again and again, hyping the crap out of this or that coin, anticipating something. But what for. The prices are not moving up when they should be.

What is the point of being excited when market is being manipulated by the most despicable creatures on the planet who see themselves above everyone else.

From my point of view it looks like TPTB saw people getting rich and becoming independent and they couldn't allow so many wealthy individuals in society so they came up with a plan to end this.

If you look at prices you can see how prices hardly change anymore. Heck most of the time Bitcoin prices remain at 0.00! in the hour! Why because they probably set up their bots to pump and dump their coins based on market movement to keep the price the same to prevent people from making money. This isn't so impossible to be true you know.

Just set up some bots and millions worth of money and when ever market provides a hint of an improvement dump it, and when even it going bad pump it. Keeping the prices relatively stable.

I mean why on Earth would anybody in their right mind sell, or setup their bots to sell when positive news is everywhere. It just doesn't make sense. It just an evil behavior that is all.

I have worked with several cryptocurrency bots and none of them is making profit now. To make money on the market, we need more significant fluctuations. I doubt that it is profitable for someone to use bots now. And if you work with a big shoulder, now it's dangerous. The fact is that the market has reached the point where no one can figure out what to do — buy or sell. All - in standby mode. Therefore, the volumes in the market are falling.
73  Economy / Economics / Re: The future of the market on: November 07, 2018, 03:23:23 PM
Honestly, what do you think will happen with the market? no matter how positive I want to be, I think that lot of people (myself included) were waiting for the bull run to start this month, but we're already at 25 and there's still no movement, I think we should be thankful that btc hasn't continued to drop, but many projections have fallen apart when we're almost entering November and nothing of the bull run, what do you think will happen with the market at the end? we're finally seeing the beginnings of a stabilization? our goal should be mass adoption now that prices are stable?



So far, little time has passed since the market stabilized. If at this stage the regulators take positive decisions, the market will start rising sharply again, and then the correction story will repeat again. Regulators need more time to make the right decision.
74  Economy / Economics / Re: Smart people support Socialism. on: November 06, 2018, 07:58:34 PM
Einstein supported socialism.

Pyschos like Trump support capitalism.


Those who lived in the USSR know what socialism is. I myself was born at this time. And I will say that there is nothing good in this. Socialism in the USSR and started badly and ended badly. Now the economies of the countries of the former USSR are economically lagging behind the countries of Europe and the USA by an order of magnitude. Economic growth requires free market relations.
75  Economy / Economics / Re: Bitex head: bitcoin price may drop to $2000 on: November 06, 2018, 07:53:10 PM
If the price of bitcoin drops below 5k, this will be a turning point. A large number of people will no longer believe in cryptocurrencies. There will be another wave of disappointment. Most likely, the market will enter a phase of a very protracted correction. And it will be difficult to change the trend to bullish, even with the help of good news.
76  Economy / Economics / Re: Would blockchain technologies continue Its development without cryptocurrency? on: November 05, 2018, 02:25:11 PM
As we all know chain block technologies are the foundation of the cryptocurrency and chain block technologies can develop without the cryptocurrency.

Is this possible happen in the future? If so, how?


In general, the blockchain technology can do without cryptocurrency. I know projects in which there are smart contracts in which cryptocurrencies are not used. It all depends on the business model. But, as a rule, the business model of blockchain projects is constructed using cryptocurrency. It is very convenient. Without this, most projects would not be able to monetize their ideas.
77  Economy / Economics / Re: What will happen if the all countries convert to cryptocurrency? on: November 05, 2018, 02:15:48 PM
Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?


I support the development of payments using cryptocurrency. But I do not think that the convenience of payments in this case plays a crucial role. For example, it is also convenient for me to make payments using a bank card. Cryptocurrencies and blockchain technology as a whole are valuable to the world as engines of decentralization. It is decentralization that can change the world. Hope for the better.
78  Economy / Economics / Re: Can Bitcoin really stabilize any country's economy level? on: November 03, 2018, 05:06:51 PM
As we all have been speaking many times that Bitcoin possesses the power to diminish the use of fiat in a country where it's welcomed with full hearts, I wish to know that does it really have the ability to cope up with the challenges a country's economy faces? Can it help in the growth of their GDP?

As we know, Bitcoin is limited in number whereas Federal Reserve has the power to do monetary easing when things go wild with their economy levels. So with such limitations, can Bitcoin really stabilize any country's economic issues?


Bitcoin can hardly help to cope with problems within any particular country. Any country involves internal regulation. From this it follows that the government will regulate the circulation of bitcoins as well. It would be much better if the country becomes a loyal jurisdiction for cryptocurrency startups. Like Malta, for example.
79  Economy / Economics / Re: Is technical analysis negatively affecting cryptocurrencies? on: November 03, 2018, 04:59:46 PM
I have to say upfront that I'm no fan of technical analysis, even in traditional asset markets. There are 2 main reasons for this:
1) There is no scientific proof that technical analysis works at all. The only correlation between technical analysis and true market movements is that it is widely believed. And this leads to the next point
2) TA is a self-fulfilling prophecy. If people stopped believing in it, it would stop working right away. If people find new patterns they only start actually working once they get enough traction for other people to believe in them.

This is somewhat of a problem in traditional assets, but it is just a minor nuisance. The fundamental values of traditional assets always strike back, no matter what TA says. Found resistance? Doesn't matter if the underlying value shoots way up due to increasing sales, usage or whatever. Glad a value has some support? Doesn't matter if sales drop to near-zero, the price does not care about support.

At cryptocurrencies, however, those fundamental values don't work as there are rarely any. Most companies behind cryptocurrencies either have no product that is close to justifying their volume and value. Some of them (Bitcoin amongst them) do not even want to have one. Therefore they are subject to constant influence by those religiously believing in TA, which makes them an object of pure speculation. The fundamental values are "news", no matter the level of reliance.

In my opinion, this holds cryptocurrencies from being a usable and reliable method for everyday transaction use.

What is your view on this?


Technical analysis does not work when there is panic or excitement in the market. Now everything is stable enough and technical analysis works. I now often use technical analysis and lately it has been justifying itself in the short term.

80  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🚀[BOUNTY] DECOIN :1st blockchain Profit Sharing Exchange platform(Rules edited) on: November 02, 2018, 09:00:29 PM

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