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681  Alternate cryptocurrencies / Altcoin Discussion / Re: Is a million dollars possible? on: July 16, 2018, 05:21:03 AM
Based on what I have observed there is no actual timing for everything. I noticed that many times the coins are really appearing to create a waveform. Today the price is up, the next days the prices goes down low. It spikes up and sometimes get a bit stable for a moment. So with these being observed I think a million dollar is not quite possible within just a few year or maybe not at all because the prices are not really increasing in value continuously and everyday.
682  Alternate cryptocurrencies / Altcoin Discussion / Re: Airdrop !! is it worth it ! on: July 16, 2018, 01:21:06 AM
Time isn't really a matter to consider with airdrop. It is passive so you don't have to worry much about time spent except for what is required when participating. The problem with air drop is that it is small and does not have that much value so that when you trade it later only a little amount will be left.
683  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I do not panic when the market falls on: July 15, 2018, 11:25:36 AM
It is our nature to get panicked during times when we feel we are losing. This is inevitable most especially when you want your money badly. That is why we should only invest when the money we have is not intended for some other purpose and we have in mind that whatever happens it is to be keep even if it takes forever to hold it.
684  Economy / Economics / Re: When is the best time of the day to study about Economics? on: July 15, 2018, 07:17:11 AM
I think it would be best to study economics everyday through actual applications whenever possible. Sometimes you learn through direct expriences even before reading books. And this will give you a very good foundation at the topic to master. So whenever you want to study do it everyday. If you prefer a time, it should be best when you have taken a good rest like early in the morning.
685  Economy / Economics / Re: Does money make you rich? on: July 15, 2018, 05:30:50 AM
Yes certainly. A person is considered rich if such person really had money. Money is the basis of describing a person's economic status in life. You could not be considered rich if you don't have money or properties that is equal to a very big amount of money. But you can be just be a one day millionaire if you would just misuse it.
686  Economy / Economics / Re: Paper Money - The Greatest Scam on: July 14, 2018, 02:29:04 PM
Actually money in any form in slave mankind and I agree on your idea about this. Money if not used wisely could just end up in trouble. Crimes are created because of the love of money.Just to make it clear,  Paper money is not created the way fake money is. It is backed by the governments resources and could not be created as if there will be no limits. And paper money is used to buy bitcoin and other currencies. So on my part it just fair enough to give paper money a recognition as to its importance.
687  Economy / Economics / Re: Bitcoin and Globalization on: July 14, 2018, 03:58:15 AM
Humanity is already civilized, what was needed was a more peaceful earth. A new world order is often the topic of the elite as nobody would want to live in a world full of sadness, greed and corruption. The world for me might not need all of the changes you  mentioned. Religion is not an answer to the common problems. What causes it is the lack of love. Religion could actually be removed to make things simple but the belief in our Creator is something we should always keep as I believe in HIM.
688  Economy / Economics / Re: stupidity is so close to poverty on: July 13, 2018, 06:40:32 PM
For me stupidity doesn't go with being a poor person. If it is then it was just a coincidence. Being rich doesn't either guarantee that you are doing great in your life. Some are rich because there parents are. And they are even lazy. So its actually a matter of being lucky that one is born with all the priviliges that rich have.
689  Economy / Economics / Re: Investing in Bitcoin? Advantages and Disadvantages on: July 13, 2018, 06:23:11 AM
Nice but I don't see much of the advantages and disadvantages I want to see gets discussed more boldly here. For me there are a lot of advantages and as well as disadvantages that a person may encounter while using bitcoin. There are always pros and cons but mind you all of these things comes into a single idea no matter what. And that is "Why are we buying bitcoin?" Disadvantages may not count if a bigger purpose is to be achieved. Just like when paying for a carpenter to build a house. You want to build it bigger and nice then hire somebody who could work accurately and does the job perfectly as you want it to be, or as an option you might be building the same house but you wanted to save money, so then hire somebody who knows how to build it despite how the appearance of the finished building would look. This is similar to these idea. If buying bitcoin is too costly and had a lot of disadvantages then maybe it is not worth your time and money but if it is the only way to make a secure transaction then go on with it. So everything depends on each user and how the person wanted to use bitcoin.                                                       
690  Bitcoin / Bitcoin Discussion / Re: Worry not! The Greatest Giants are with us! on: July 13, 2018, 03:35:40 AM
It is nice to see all of these giants you refer to. I see that cryptocurrencies are really improving each day no matter how other countries have really restricted or regulated it. Yet there is much to work out even with all these support that we see. Utility is very important for bitcoin and other cryptocurrency to continue its existence. I think it is time time to really promote the use of the digital coins. Support it and certainly we well see progress and more profit in the future.
691  Economy / Economics / Re: How the Bank works to make money? on: July 12, 2018, 05:08:59 PM
I think the biggest way a bank could earn money is through lending money to their customers. With people depositing their money they are even paying for its interests. With so many customers who borrow money for business or any other forms of loans surely they will make more profit.
692  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no competition on: July 12, 2018, 03:51:04 PM
I agree with you on this. Bitcoin is getting strong as people are believing on it. The only problem though is that bitcoin usage maybe is getting less and that people are losing a bit of confidence after they have experienced losses probably due to panic selling brought about by FUDs and other government interventions.
693  Alternate cryptocurrencies / Altcoin Discussion / Re: What encourages you to invest in any altcoin? on: July 11, 2018, 07:55:11 PM
I am not into any altcoin, just ethereum for now. I only invest in coins that are known and used more often because for sure it wouldn't have so many problems except for the natural fall of the cryptocurrency market. Unlike new coins that seemed to be almost uncertain at times, most especially when they would be more volatile after a sudden rise probably due to a pump up. After that when the hype is gone many will have trouble about price that is lower than the ICO price. It becomes a loss to the investors.
694  Bitcoin / Bitcoin Discussion / Re: Why are banks and governments scared of Bitcoin? on: July 11, 2018, 12:37:54 AM
It is not that they are totally afraid but they are probably studying the cryptocurrencies' effect to their economy. Any misuse is the same as misusing actual money. Any loss of coins due to hacking is a loss to the economy. Yet other countries are now starting or planning to accept it as their currencies.
695  Economy / Speculation / Re: How long will the bear market last? on: July 10, 2018, 05:36:42 PM
It would be hard to predict when. But one thing is certain in my observation. It will not spike going up fast as the market is slowly recovering after it soar high so suddenly last year 2017. So this might be the effects after people is slowly buying cryprocurrency again after the markets rises fast and falls hard.
696  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin To Buy Now? on: July 10, 2018, 02:00:30 AM
I just bought ethereum. For me ethereum is a bit stable and doesn't go low immediately as there are so many using it as GAS to transfer other altcoins, and as well as there are too many holding ethereum. So I am trying my luck with it.
697  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: July 09, 2018, 08:32:37 PM
Yes, I think it he has a point. We see people invests in bitcoin for the purpose of getting money. And only when a person gains for his or her country that he or she will be able to help it. A troubled economy does not have so much to lose so if the constituents of such country earn from countries with stable economy like getting paid with bitcoin for services rendered online then that would be good for the troubled economy. So I do agree on him.
698  Alternate cryptocurrencies / Altcoin Discussion / Re: It could take 2 years for the market to recover on: July 08, 2018, 03:14:46 PM
Two years is a possibility. Given that the fall was so low it could really be the case. And while there was a sudden spike in prices going high last 2017 it is really possible that this is just the after effect. Cryptocurrencies at that time was more like a treasure when they noticed someone made fortune, everyone goes digging for opportunities and only to find out because there were too many of them they profit less.
699  Economy / Economics / Re: do you know about improper use of bitcoin? on: July 07, 2018, 07:11:36 AM
Yes I agree that mismanagement of bitcoin is an act leading to improper use of bitcoin. Think of bitcoin as money and you spend that on anything without so much thinking about what to buy. So it is the same improper use. Buying and panic selling can be considered misuse. You could lose your bitcoins in this manner and when done continually a person will lose more and than will gain most probably.
700  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop Crying about Crypto! on: July 06, 2018, 03:28:35 PM
It is the nature of man, don't even bother yourself about it. People react the most natural way to fear and getting more of it into their heads gets them paranoid. FUD causes too much discomfort and could even lead to panic selling and when they see the potential for advantage they are like vultures who take the opportunity hungrily. So its more of comfort that man would settle for, than live despite the discomfort or hardships. What they actually need now is education. Educate them more about bitcoin and let them see the big picture behind and if they will understand it maybe they will be thinking same as you are. This is just what we are being humane.
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