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61  Economy / Economics / Re: Beliefs about money and wealth on: June 11, 2018, 04:58:16 PM
Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book "Rich Dad, Poor Dad", he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)

there are similarities in the lists you write with my mind, but there are things that I disagree on the list you make. Crypto gives us many business opportunities but it is not the only way to get rich, because this business mainly trades and invests risk losing if we do not have much knowledge in the field. and people have a lot of money not only to have luck but also ability and will also play a role to make a lot of money. and also rich does not mean we have to be greedy. because greed will only bring disaster in the end.
62  Economy / Economics / Re: Trading Bitcoin for real estate? on: June 08, 2018, 04:54:03 PM
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

You will not get the sum of all who do this. owning a business in real estate certainly is the desire of the people because it is quite safe and profitable. I do not have enough bitcoin to run a business, but will probably do so when my bitcoin is enough for this amount.
63  Economy / Economics / Re: Digital Money = Cashless Society on: June 08, 2018, 04:34:35 PM
more digital money in the world community because it is very easy to use. but if people without cash or fiat currency lost due to switch to digital currency, I think it will be very difficult. in addition to the matter of time, because today the digital currency has not been received in all countries, also in terms of its use is difficult. because not everyone understands the use of crypto coins. in the cause of ability or because the economy of the country does not support.
64  Economy / Economics / Re: Germany recognized the bitcoin on: June 08, 2018, 04:14:45 PM
The Ministry of Finance of Germany signed the Decree on recognition of bitcoin  legal tender.  The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?




this is good for bitcoin world development, this step adds to the attractiveness of investors in investing in bitcoin. and encourage the public to use bitcoin so that bitcoin values ​​are more appropriate to have.
65  Economy / Economics / Re: Economy going up and up everyday on: June 08, 2018, 04:10:46 PM
I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.


I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.


I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.


What do you guys think? All thots are appreciated!


this is very good, crypto that exist in our world become side by side. people are looking for and buying crypto for more use as an asset to earn cash for the cost of daily living.
66  Economy / Economics / Re: So many cryptocurrencies ! on: June 08, 2018, 01:57:14 PM
There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

yes it needs to have a governing body in altcoin publishing settings. many profit opportunities make many entrepreneurs publish altcoin which I think this confuses investors in choosing potential coins.
67  Economy / Speculation / Re: The whole market is experiencing slump in last few days. on: June 08, 2018, 11:12:57 AM
Yes, we all have seen some kind of drastic price fall from last few days. As a feature of financial instrument I think this is not so unnatural. And so I do believe it will be back shortly. Your opinion will be highly appreciated.

that's for sure, when the decline will occur after its resurrection, because I think the decline occurs when people sell the coins they hold for cash. and after this period, they will buy back or some people take advantage of this opportunity as the right time to buy.
68  Alternate cryptocurrencies / Altcoin Discussion / Re: bitcoin or litecoin ? on: June 08, 2018, 11:04:16 AM
If we compare bitcoin and litecoin, they are very far from each other in terms of quality and value, although they are all parts of cryptocurrency but different in life crypto status.

and it is clear that people will choose bitcoin in every use and investment, and choose litecoin for short-term investments.
69  Economy / Trading Discussion / Re: Tired of checking charts on: June 07, 2018, 03:57:18 PM
How do you guys keep up with the charts?
 Can't even sleep well anymore, if I stick to holding is it possible to make gains too ?

Grapik monitoring is a tiring and time-consuming thing. it also causes the loss of time for other activities. and this makes me think when holding long term, it gets better in terms of time and profit.
70  Alternate cryptocurrencies / Altcoin Discussion / Re: How to protect your altcoin on: June 07, 2018, 03:41:39 PM
What is the best methods to protect altcoin from hacker?

it's more than ourselves to keep our passwords safer, and remove your interest to click links that drive big rewards, as this will allow hackers hack into our wallets.
71  Economy / Speculation / Re: Won't people sell it ? on: June 07, 2018, 11:49:54 AM
As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

considering the increase and decrease occurs on the cause of many sales and purchases in large quantities, this possibility can happen. but maybe people will hold it for a higher increase so that the increase in bitcoin value will continue to increase in a longer time.
72  Economy / Speculation / Re: Bitcoin to the Moon on: June 07, 2018, 11:44:23 AM
i read the threads and opinions of traders. why you people worrying about the price of bitcoin. bitcoin have always high volatility which is clearly  known all old investors.   70% of investors of bitcoin are new here from last year don't worry about bitcoin price. In 2009 to 2011 bitcoin are not worthy but when in 2012 1000 merchants and world press started accept bitcoin then bitcoin price gone high  now in 2018 is so worthy. Now in FIFA WORLD CUP 2018 all Russian hotels will be accept bitcoin. so just wait for bitcoin to the moon in june 2018
this indicates the future of bitcoin will be better, the acceptance of bitcoin as a means of payment, this indicates that the presence of bitcoin will be accepted in the eyes of the world. This greatly helps the development of bitcoin in the future.
73  Economy / Speculation / Re: Why bitcoin is still dropping ? on: June 07, 2018, 11:37:49 AM
bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that

the rise and fall of bitcoin values ​​depends on sales and purchases, the increase in bitcoin sales is also possible because of the many potential altcoins that appear in the market. so people are interested in selling bitcoins to invest in altcoin.
74  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will other coins beat bitcoin in the future? on: June 06, 2018, 05:16:39 PM
So guys, what do you think about investing in different icos? I think it's a good idea. We never know which will take the lead in the future. Please help me and give me good suggestions!

yes, invest where any coin is good enough if it's potential, it's just that I'm not sure if altcoin can exceed the current bitcoin value or even the next few years. bitcoin has been showing its popularity over the years, and can also bypass the things that can decrease bitcoin so far by restoring investor confidence. so bitcoin will remain more popular and remain the highest of its value. so staying invested in altcoin so far can be profitable by keeping investing in bitcoin for profit and convenience.
75  Economy / Speculation / Re: What causes Bitcoin to drop? on: June 06, 2018, 04:27:57 PM
The value of coins rising and falling in the crypto, especially bitcoin, in my opinion is driven from every sale and purchase in large quantities. this happens when good and bad news affects every investor.
76  Economy / Speculation / Re: What would be better on: June 06, 2018, 04:01:55 PM
Yeah now is when a lot of traders are probably selling after purchasing around 6k. this time buy more Btc or ETH ? Or Both ? To trade with of course... thanks a lot

the value of these two coins is pretty good now even for the time to come. so when it is questionable which coin we should buy, I will reply that I will buy both for daily or long-term investment.
77  Economy / Speculation / Re: bitcoin $50K by 2018, $100K by 2019 on: June 06, 2018, 03:53:56 PM
this is a good hope that all holders of each crypto coin are waiting, it's just that I think what is the basis of this prediction, in fact I have not heard good news to underlie my belief in this prediction.
78  Bitcoin / Bitcoin Discussion / Re: Huge potential earnings in bitcoin, still not interesting for others on: June 05, 2018, 04:09:07 PM
As i began my journey through the world of cryptocurrency, it comes to my mind why other people are just ignoring the opportunities that bitcoin gives..

Can you give me some reasons why it's not that interesting for others?

the world of crypto is a world of futures that many benefits can be gained. the level of will and ability of people in thinking all different. ignoring the benefits that crypto can have because they do not understand and do not want to learn it or it could be due to technological limitations in the country, so they think about the impossibility of the possible benefits of crypto. although the truth is already a lot of people who have got.
79  Bitcoin / Bitcoin Discussion / Re: Huge potential earnings in bitcoin, still not interesting for others on: June 05, 2018, 11:19:08 AM
As i began my journey through the world of cryptocurrency, it comes to my mind why other people are just ignoring the opportunities that bitcoin gives..

Can you give me some reasons why it's not that interesting for others?

because they do not know and do not want to learn the benefits that can be invested in bitcoin, they also think that the benefits of bitcoin are wrong.
80  Economy / Speculation / Re: Will you stay in crypto if BTC does not recover? on: June 04, 2018, 02:48:41 PM
Hi,

Just wondering if you guys will stay in crypto (aka hold or sell your BTC holdings) if the price does not recover.

Lets say we are still around 6k-7k by December 2018 => Will you wait it out or give up and say "OK, we had a nice ride but we are not going up again"?

What about if in 2019 price is still hovering around 6k-7k and there is no sign of recovery to 10k+ (or even a new ATH)

yes I will remain in the crypto community, even though its value is no longer as high as last year. because there are still other opportunities to get more bitcoins. and there will be price changes that we can make an opportunity to make a profit.
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