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601  Alternate cryptocurrencies / Altcoin Discussion / Re: Should i invest ? on: August 23, 2018, 04:53:49 PM
Neither one of the two would be worth investing. They have made a name for it self so why not. The only thing you should also keep in mind now is your readiness. Your strategies should make things easy for you especially when planned well. Just remember not all investments are successful, some failed. So that there is a need for you to get ready for these things and back up plan should always be available.
602  Economy / Economics / Re: What is the best Cryptocurrency to Invest? on: August 23, 2018, 04:48:44 AM
Any cryptocurrency can be a good investment for as long as the team behind the project is working hard to maintain it for a good market and the the market is as well favorable. Now the market is not really good and had a lot of problem. Prices goes down more often than going up. It is too risky yet many still did manage to earn from it. So it is up to you. But if you want to make it really certain invest on known good coins especially on those at the top 5.
603  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what happened to ethereum? on: August 22, 2018, 10:51:45 PM
Well I think people are really moving out. There are so many day traders that seemed to have affected the rise of its value and a lot of those who are holding it are no longer happy and satisfied because even when they are optimistic the reality crashes hopes for a better value. The rise of the prices of ethereum are just held too close to a several percentage up before it could go again below. So there is not much to expect on it.
604  Economy / Economics / Re: Does Bitcoin affect world trade? on: August 22, 2018, 10:07:25 PM
An indirect effect maybe possible as people who spends on bitcoin may no longer spend for other related things. Trading bitcoin might also be possible in the future but as of now I never heard of it. It maybe because bitcloin had something to do with hiding actual users or anonymity which might be crucial when dealing in international trades.
605  Economy / Economics / Re: Germany recognized the bitcoin on: August 22, 2018, 04:23:44 PM
Well it was nice to see that they, the Germans have supported bitcoin as a legal currency. This may help the bitcoin community but I think we do need more than just that because as of now we are really in a bad market so we need more than this. We need the entire community in general.
606  Bitcoin / Bitcoin Discussion / Re: Will bitcoin ever stop depending on fiat currency? on: August 22, 2018, 01:35:49 PM
I believe that coexistence would be more possible than being stand alone as a currency. We all know that a currency is government controlled and bitcoin will never be. It is an open ground where transactions can exist as payments or for any other related purpose.  Volatility is also one of the greatest problem it has so maybe it would be that hard to use bitcoin as a currency.
607  Bitcoin / Bitcoin Discussion / Re: What to make bitcoin a popular payment method? on: August 21, 2018, 08:48:48 PM
You have a good list right there but I have to consider that not all of these can be fulfilled by bitcoin as there are problems interferring with its usage. Volatility is a major concern. If volatility is controlled many will have the chance to use it for so many purpose. The reason also for these is the dumping of coins by those who are just day trading and not so many are actually using it as a payment system.
608  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ripple the currency of the future? on: August 21, 2018, 03:38:45 PM
Well it would be hard to really say ripple will be the currency in the future with ripple showing similarities with ethereum or btc. Granting it is the next big thing then we should see a different graphs on exchanges. Well you might want to see it for yourself so that you can judge it as well clearly.
609  Alternate cryptocurrencies / Altcoin Discussion / Re: Scam coins everywhere. on: August 20, 2018, 08:38:43 AM
I do not actually consider most to be a scam as there are so many who are actually doing their work to the best of their abilities to create the ICO project but sadly their coin is not really that useful and their plan didn't work as much so that they failed and the result is that their ICO appears more like a scam. Failed projects do not pay bounty hunters and may not have returned or as the contracts may have guaranteed it, returns all the investments back to the owners. There is only a little room for coins to survive due to less usage and small number of investors.
610  Bitcoin / Legal / Re: General use of bitcoin as a legal currency on: August 20, 2018, 06:46:32 AM
Volatility is a problem with bitcoin. If it is stable then maybe it will be used as a currency. Because it is system that is volatile enough with each passing hour or maybe seconds, the possibility of using it could be mean a great loss to the holder if the market falls so fast. And it rises in value many will sell it immediately if they could sense profit. For short it is so unstable to become a currency.
611  Economy / Economics / Re: Global financial crisis on: August 19, 2018, 12:48:40 PM
I think everyday is a struggle and a crisis. Considering that people are continuing to grow in population and the resources are getting wasted each day with not much production going on, it will certainly affect everybody globally. The rich ones may not have felt this one but us who lived our lives as poor, we were always in a constant battle with each day getting very difficult for survival. Maybe some five years from now life will be very difficult.
612  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to invest long term aside from Bitcoin? on: August 18, 2018, 03:47:56 PM
Some coins although not so known are also worth investing for long term. But the most required characteristic I would be looking at this coins should be its usability and the teams effort to bring the coin to the market. I saw some coins not even moving as if nothing happens and as a result they will drop in value after their ICO. So it would be hard to just wait for this type of coin that is without real effort and support from the team. Or if you would want to make your investments not so risky, maybe you would want to try the known coins like ethereum.
613  Economy / Economics / Re: how to help people who have problem economic on: August 18, 2018, 11:46:35 AM
Yoy are definitely correct about the idea. But the way this idea works is a bit of a complication. Not everyone thinks the same as you are. Others just can share what fruits of hardwork they are to receive. Not all plays the role of a hero and only a few might just do the things you have in your mind.
614  Economy / Economics / Re: hackers becoming smarter than exchanges? on: August 18, 2018, 07:16:50 AM
Well in my opinion this often happens as hackers are trying their best to hack into accounts to gain more profit. And no matter how advanced systems are their are still flaws that could be encountered and exploited. Even the pentagon was hacked so I am assuming that things like this could just happen. But I don't think they are not so secured.
615  Economy / Speculation / Re: situation about the condition of bitcoin ! on: August 17, 2018, 11:40:19 PM
It's not an individual's job to deal with bitcoin and make a change. What we can do is just to promote it to everybody who are not yet into it. Encouraging others is the hardest thing to do especially today when market is bad. And still change is not even guaranteed not unless a billionaire should invest all his money into it. Maybe you just have to wait for others to come and invest. It is a waiting game actually and everything is just hard to predict.
616  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are you surprised at the price of ETH? on: August 17, 2018, 12:39:18 PM
With almost a year of joining cryptocurrency, it is just today when I noticed that ethereum had the lowest price and instead of closing bitcoin in price it drop to a ratio of  1:16 which was previously around 1:10 which is the closest I have seen and have been comfortable with. Now it is as if all hopes for a good market was way too far. But I am not giving up hopes and I am still holding on. Market will back sooner.
617  Alternate cryptocurrencies / Altcoin Discussion / Re: Most alts are worth Zero on: August 17, 2018, 08:25:48 AM
I dont think that such a coin was just invented for nothing. They are all well planned but not all are lucky enough to live up to expectations and hit their goals and roadmaps. Others are really good but lacks the machinery to get more investors to support it. Read their whitepapers and see how they could have done it if they were successful. The competition with each coin brings some to their ends and the weak ones loses hope immediately most especially if their resources aren't just enough.
618  Bitcoin / Bitcoin Discussion / Re: Is the world ready for cryptocurrency? on: August 16, 2018, 01:06:42 PM
I think it was not so ready yet as I noticed that most of the volume consumed are just plain investments that is related to trading of the coins instead of really making it functionally useful like using cryptocurrency to buy foods and other things necessary. I am hopeful that one day it will be fully implemented and functional.
619  Bitcoin / Bitcoin Discussion / Re: Most Crypto investors are Cowards on: August 16, 2018, 11:42:25 AM
The ultimate aim for cryptocurrency investments is to gain. I might not be so affirming to holding cryptocurrency without fear because I just did lose something. It was hard to lose the money I invested because it was important to me as I thought it would be better without fear to keep holding and no stop loses. And now I just realize there was much to understand about day trading it instead of holding it  while losing each day due to a bad market. So now I learn something stop loss are important considearation and a  method to gain more even when market is down.
620  Economy / Economics / Re: Is it practical to expect tenfold jump in Bitcoin this year ? on: August 16, 2018, 12:21:03 AM
I think its not going to happen that way again. I am a bit doubtful since there are too many day traders it might just create a different scenario. But there might be an increase in volume but only for a very short time then it will go back again very low.  This is just my opinion though and I am in no way a professional. I based my observations only to how events are happening during the fall of the market.
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