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621  Economy / Economics / Re: Do you remember how you feel about during 2008? on: February 10, 2019, 07:52:25 AM
2008 I did not know crypto, getting to know it was 2013 when I heard that steam games accept payments with bitcoin. my feeling is just weird because I don't know what the currency is, because what I know is paypal or credit card. but after 2017 and learn more about bitcoin, it turned out to make me feel even more happy.
Bitcoin become trending when it bullish at 2017, that was the year that I came into learned about it and I felt good because I found it but I do not try to invest instead I work on it to have something and it really worth. Until now that price is down, I really expect that the price will rise again just like the first time in here.
I am sure that at least you have enjoyed it in 2017. Of course that makes us remain convinced that the heyday of Bitcoin will repeat itself, so that we will avoid panic, and that is what is needed to overcome conditions like today
622  Economy / Economics / Re: The cycle is unique but structured on: February 10, 2019, 07:48:23 AM
In contrast to other investment commodities whose price movements are mostly affected only by market activities, bitcoin has a unique but structured cycle, at the beginning of each year there is a very drastic price decline but recovering even skyrocketing at the end of the year, as illustrated in the following article.

https://u.today/bitcoin-price-prediction-for-2019-will-btc-price-get-back-to-20000



Just another price prediction we won't be seeing for this year I guess. People just hope there will be another bull run and not another bull sh*t in the making for this year.

Well everyone can hope for the $5000 at least.
usually after a dump price, it will take a long time to recover. I agree with your idea. $ 5000 is a decent price for the short term. so by thinking like that, we prevent it from being greedy
623  Economy / Economics / Re: Are your Bank transactions taxed VAT per transaction? on: February 09, 2019, 05:01:57 AM
The Banks in my country adds VAT to their Banking fees for every transaction you make. So I am not just paying the Banks to use my own money, I am paying the government too for the same transaction.

Yes, some Banks give you a small amount of transactions for free (Depending on the type of account), but once that limit is exceeded, you start to pay Banking fees for every transaction.

So Banks and Governments are making millions on fees that we have to pay, to use our own money!

Is this not one of the reasons why governments wants to stop Bitcoin and also the leverage Banks have over governments, if they lose the VAT on those transactions?

Please share your information on the way that governments and Banks are charging you to use your own money. How much is your VAT on those transactions and if you know that VAT is being paid as part of your fees?

Government attach VAT on goods selling. Banks should not put taxes on transfer account for example. Government put taxes on goods and service, not on banks service. But banks allowed to collect administration fee but its not taxes.
right, that also happens in my country, there is no VAT for every transaction in the bank, but indeed with administration for each transaction or monthly administration that is applied
624  Economy / Economics / Re: thinking of selling or investing more. on: February 09, 2019, 04:57:49 AM
do not even think to sell anything now if you do not want to stay at the back of the trough. If you already have investments in cryptocurrency, then keep them and wait, everything will get better.

not a good solution if you want to sell it now, especially seeing that the market situation is still down, the best decision is to keep holding while waiting for growth to occur and buy it again when the price of the crypto coins that we hold has been corrected, because the price of all crypto coins is very low.
why we should sell our assets now, meanwhile many good news will coming to us.as we know , now much richest man in the world invest some of their money to cryptocurrency and why we quit when they coming.i think that was big mistake if we did it.
so in your opinion we will investing more in this market ? i think thats good suggestion if the think that you said before was right.but not people courage investing their money into bloody  market.
this goes back to personal confidence. on the other hand, there are many investors who are looking for a position to enter this bloody market, they are taking advantage of the opportunity to get profits more easily
625  Economy / Economics / Re: The harmful affect of a continuous downward movement of the Bitcoin price. on: February 09, 2019, 04:52:55 AM
in fact there are so many dangers or adverse effects of the decline in the price of bitcoin, many people are stopping their investments and even many people are shaking off cryptocurrency because they feel insecure.
if more people leave, then bitcoin and other coins will no longer be of use.
with the falling prices clearly this can reduce investor confidence, plus now many ico are scam, which makes investors disappointed. of course if this happens continuously, the price will continue to fall
626  Economy / Economics / Re: Why most bitcoin users from good economies countries? on: February 09, 2019, 04:46:33 AM
Not like that most of the Bitcoin uses will came from the good knowledge country but there are also lots of people from all over the world to work for his investment in Crypto field so we cannot judge the economical situation will decide a person to involve in cryptocurrency field.
indeed developed countries are synonymous with good human resources, especially with good government support, making bitcoin easy to develop in the country
627  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: February 09, 2019, 04:41:58 AM
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.

Nowadays there are many merchants already which are bitcoin accepted in different countries actually.
Aside from that we can get people to use bitcoin if they will see you converting bitcoin into your fiat currency.
Because majority of the people are to see is to believe.
Precisely, when they see the benefits from the real end users they will be tempted to use it as well, more people to learned it more will be interested,
we can't force them but we can attract them in many ways, this is a good example where different countries are already showing their interest after
hearing the benefits.

Adoptions will happen the sooner, it's just need to have a lots of end users help to make things possible.
of course it will be easier to happen if the government supports the existence of cryptocurrency. with many countries that have not legalized it as in my country, it is difficult to see crypto use in everyday life
628  Economy / Economics / Re: Investing in Bitcoin in 2019? on: February 08, 2019, 03:55:24 AM
Investing in bitcoin is the very best thing a man and woman can do to elevate his/her financial status. Now it's the right time to buy a bitcoin as long as you can, for a very afordable price. " by low sell high" .
but the problem is that here everyone can't give an answer about the cryptocurrency market increase. and now it is certainly the best time to be able to wait for the market to recover
confidence in cryptocurrency will make us believe in the future of bitcoin, so without thinking about when it will come. so that this can keep the psychological is good
629  Economy / Economics / Re: Will people come back to gold on: February 08, 2019, 03:50:01 AM
Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
it's true but in my opinion here people also have not just bitcoin as an investment. chances are they also have other investments such as gold or stocks and property. these are all very natural things
right, big investors certainly don't only have one type of business. as well as investment, of course not just one investment. and I think they are not back to worry, but indeed many have invested in gold before
630  Economy / Economics / Re: Who controls the market? on: February 08, 2019, 03:45:01 AM
In my opinion, the one who controls the market personally is the market actor, every transaction or exchange that is done will greatly affect the price of an item, and again if a market actor does not know ethics it will cause an item to have an uncertain price, can be cheap and can be expensive
maybe I can add. that the market itself is also very influential if indeed the number of transactions is very large. and certainly will have a very big effect
indeed with very large transactions can move the market. but that requires a lot of money. so it is true that the one who controls the market is the transaction itself.
631  Economy / Economics / Re: Bitcoin Bearish or Bullish? Here my thoughs on: February 07, 2019, 02:46:39 AM
The most important factor now might be the upcoming bitcoin reward halving which is dated for mid next year. This could have a more than significant impact on the price, in the interval before that time however, some suggest the market would again turn bullish in the coming months and recover some of the lost value.
that's our hope. hopefully after mid-year, bitcoin will see its glory, and a bullish trend will occur. so that investors grew their trust again and the crypto market returned to excitement
632  Economy / Economics / Re: The Factors of Demand and supply on: February 07, 2019, 02:27:30 AM
indeed the price of bitcoin is fully influenced by the number of requests or offers. so this is what makes bitcoin vulnerable to whales that have large funds, there is no central bank here
633  Economy / Economics / Re: Investing in Bitcoin in 2019? on: February 07, 2019, 02:13:00 AM
You must have a high enough trust to invest in bitcoin and not be affected by what others say, but must believe that what will be done is the right thing, and what we will invest in bitcoin is a good investment. so don't be afraid to move, bitcoin will be better than you investing in gold and the like. Bitcoin investment is very reliable, you don't need to doubt it and have to believe in your actions. By 2019 there may be a significant change in bitcoin, it will be better and not impossible to match the beginning of 2018 even more. once again the decision is yours.
I think investment from self-awareness will be better than we invest because it is affected by others. that way we will still enjoy the phase of good or bad. on the other hand this is a suitable year to place your funds on cryptocurrency
634  Economy / Economics / Re: Gold exist 1000+ years. while bitcoins exist 10 years. on: February 06, 2019, 06:39:01 AM
Gold will most likely outlive any other store of wealth. Right now Bitcoin are the digital version of gold, what the digital version of gold will be in the future, no once knows. But a good guess are that bitcoin will be the digital version in the next many decades.
with people's confidence that is still minimal at this time, making the opportunity for bitcoin to be a profitable investment later. gold has been trusted by all people, what if it happened at btc
635  Economy / Economics / Re: Will Amazon accept crypto if Bitcoin skyrocket again? on: February 06, 2019, 06:35:05 AM
It's a fact to push the market demand's to go to the top again is through having a massive adoption. And  Amazon's acceptance of bitcoin would definitely give that increase that everyone is thinking of. There's a rumor posted by CZ on his twitter that Amazon is likely to create their very own token and that will be surely used by their customers who are into crypto and will give it a try for most. As long as there's adoption it will trigger the market to become better again.
even though they made their own tokens, at least they had entered a decentralized system, so this would be good for the development of bitcoin. and that is what we hope for, because amozon has traveled the world
636  Economy / Economics / Re: Quadriga CEO Death - Real or fractional banking? on: February 06, 2019, 06:30:44 AM
Terribly bad for those who left their money on that exchange. Some investigation says that his death was faked and there's no valid proof that the CEO's death was for real, there's no even certificate to provide that his dead for real.

A new lesson to be told for most of the people who has been using exchanges as their safety vaults. Don't ever keep your bitcoin and other important stuffs on exchanges, as much as possible make sure you hold your funds by holding the private keys.
indeed it becomes very risky if we store it there, as if it is difficult to hold accountable after that. and of course the consumers who are harmed. therefore we have to be more careful to choose exchange and do not keep assets too long
637  Economy / Economics / Re: Current Market state on: February 05, 2019, 07:46:19 AM
The current state of the market can actually be described in two words: a "steady decline". Even some experts say that the same bitcoin could fall to 2500.
Yeah that would be the case if the holders will going to sell their holdings due to panic after the downfall and considering that it may fall for more then expect more panic selling. I know more of the investors now stilll holding with worries in their mind on what will probably will going to happen on bitcoin market price.
with unclear market conditions, it is appropriate for them to worry. but if the investment uses free money, I think it will be more calm to face an unclear market, one of our beliefs that btc will succeed
638  Economy / Economics / Re: Bitcoin need a miracle on: February 05, 2019, 07:42:07 AM
It's true that Bitcoin needs a miracle, because at the moment the price of bitcoin is down, Bitcoin needs a miracle about the price, I will wait for the price of bitcoin to be stable as before
That's the problem. Everyone just wants to wait until he grows up. But this will not happen if everyone will sit on their hands. Where does financing come from if everyone is waiting?
What financing you are talking about?
Man if you wait you need to patiently do that, it should be for long term, therefore do not invest more than
you can afford to lose so you still have money for your needs, in crypto nothing is certain, only 2 possibilities, losing or winning.
right, it's better to use free money to invest in cryptocurrency. big risk that must be faced, but also the great rewards achieved. but with free money you can keep psychological at least
639  Economy / Economics / Re: Friends reactions to crypto currencies? on: February 05, 2019, 07:36:53 AM
Most of my friends are cryptocurrency lovers. I only talk to friends I know that are  innovative oriented, people that grab new opportunities without much doubt.
That way it's actually quite good because it can provide a big advantage for all of us to innovate and also exchange ideas when our friends like the same thing as us
if we are in the environment that knows cryptocurrency, of course it will be easier to develop and know the development of crypto news more quickly. because then we can share and find something good
640  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🔷🔷[BOUNTY]🔷EOSBet.io - Licensed Decentralized Platform🔷[PASSIVE INCOME]🔷🔷 on: February 04, 2019, 01:29:10 PM
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