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681  Economy / Economics / Re: Do bitcoin millonaires deserve their wealth? on: February 19, 2018, 07:29:11 AM
Yes. They gave so much time and effort for their income. Knowledge is also needed here. Its not that simple like what others think. Patience and how responsible you are are tested. It is like a stock market, brain is your investment. 
682  Economy / Economics / Re: Your bitcoin experience, how did it started? on: February 16, 2018, 09:00:38 AM
2 years ago, I was looking for work and earn extra income and my friend introduce me to bitcoin. I just recently started and the more I learn about bitcoin the more I am interested on it.
683  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: February 16, 2018, 08:59:42 AM
Really a good way to invest your money, because the price of bitcoin are continue to soar high though its risky but still i am sure that in the future you will enjoy the benefits of your investment. Invest at your own risk, make your plan and execute it well.
684  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ★BOUNTY DOCADEMIC★ Endorsed By John McAfee★ $1.200.000 USD TO SHARE★(MTC)★ on: February 16, 2018, 08:36:25 AM
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685  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: February 15, 2018, 11:08:48 AM
Bitcoin price is really matter. Especially for investors thought they bought some bitcoin at high price and the price fall down it can gives you some lose which nobody want. That's the reason why people holding there bitcoins for there future because they believe one day the price will touch the sky and gives them benefits.
686  Economy / Economics / Re: Is it better to save money or invest it? on: February 15, 2018, 08:39:54 AM
Very easy answer to the original question in the thread, if you are 100% secure that you will make profit from an investment then of course you should invest.
687  Alternate cryptocurrencies / Altcoin Discussion / Re: Best exchange for beginner? on: February 15, 2018, 08:04:07 AM
Why many people like Bittrex to do trading means this site got a good reputation in the market and customer support is excellent if you face any issues they will solve it asap. And this is userfriendly.

and also binance, kucoin and cobinhood will be other alternatives.
688  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: February 14, 2018, 01:37:33 PM
You must read "Money creation in the modern economy" http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q102.pdf, a paper co-authored by three economists from the Bank of England. The paper explains how the majority of money in the modern economy is created by commercial banks making loans. This is because money is really just an IOU (I Owe You: An informal document that acknowledges a debt owed)
689  Economy / Economics / Re: Being a Smart Person or Strategic on: February 14, 2018, 07:23:25 AM
No matter how smart a person is, when he is not strategic in his or her life, he or she will only end up in a gamble. Nowadays, being smart is not enough. The competition is very stiff, so it’s better to be both smart and strategic.
690  Economy / Economics / Re: Spending Bitcoins on: February 14, 2018, 07:12:50 AM
I had been forced to exchange my bitcoin recently, besides that i do have a project that i hope to be made at 2017 and i do use my bitcoins to pay for the host, and anything related to it, besides being able to pay the developer with bitcoin.
691  Economy / Economics / Re: Why people scam on: February 14, 2018, 06:59:44 AM
People scam because a lot of people can get scammed because they don't know about bitcoin so they just do some things and end up being scammed. and the scammers only profit from it so i think that is why people scam.
692  Economy / Economics / Re: Cashless society on: February 13, 2018, 06:51:06 AM
Cashless society is very hard to implement.It was already tried in india and it failed to deliver the expected results.Instead,it ruined the indian economy and its GDP rate fell from 7% to 6.1%.There are still lots of illiterate people who don't know about digital transactions and also internet is needed to make digital  transactions.
693  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: February 12, 2018, 12:55:24 PM
How can a digital simulation of money become more illusory than it already is? Simulated money will always be an illusion, but because it is a simulation we do not have to accept the 'rules' coded into it as if they were the Ten Commandments. Instead, we can select the relevant sections of source code, hit the delete button, and start over.
694  Economy / Economics / Re: Martin Armstrong Discussion on: February 12, 2018, 11:44:36 AM
One thing that needs to be accounted for globally is rising and shrinking Populations from MACRO GLOBAL view and also regional view. In addition, we need to also take into account TECHNOLOGY and its impact on employment worldwide and impact on company bottomline. Companies are making more money now as productions costs go down....energy is down and technology is replacing human labor.   With Corporate powers profiting and average worker working two jobs...less tax being paid to govt' and MA thus makes good MACRO points.
695  Economy / Economics / Re: So, you want to be rich? All of you ? on: February 12, 2018, 11:28:10 AM
I do not have a goal to become rich. But I just want to live comfortably and allow myself to buy everything I need. And I want to be able to make my loved ones happy. I do not want to be a millionaire, but I want to have enough money for a good life. Bitcoin helps me with it and gives me financial independence.
696  Economy / Economics / Re: Do you think billionaires invest in BTC? on: February 12, 2018, 11:27:26 AM
Probably yes. Many billionaires are investing in bitcoin because one they have a bigger future here. Investing in organizations that have a clean platform, i think it is the best way to invest to that organization. You should better understand first there platform.
697  Economy / Economics / Re: Can we totally eliminate all the banks in this world? on: February 12, 2018, 08:02:42 AM
I don't think we can eliminate banks completely,the role of bank in the financial system has been very crucial since a very long time, and it would be very difficult to completely eliminate banks from the system,since people still rely on banks.
698  Economy / Economics / Re: crypto is the future, make money of it on: February 12, 2018, 08:01:18 AM
I assume it´s the future and we still are in present. So even now with BTC prices in the thousands we can consider ourselves early adopters and this market can only grow in the future. So make money of it.
699  Economy / Economics / Re: Best tip on saving money on: February 12, 2018, 07:29:49 AM
The best tip is saving the bitcoin balance .I once had experience on how to manage finances, because I have another good experience that really can keep the balance. So you just need to save it by btc wallet, there your bitcoin balance will be safe because only you can take your balance savings. Do not sell too much your balance because your lebik well keep bitcoin balance, because you will get a btc interest is enough of deposit storage btc . Every time you see the balance of btc you save is growing, because you never take the balance of deposits in btc wallet account .
700  Economy / Economics / Re: Spending Bitcoins on: February 12, 2018, 07:22:16 AM
Since bitcoin its money and we can exchange it anywhere at the daily rates i dont see any problem spending some of my bitcoin into something i do wanna to buy, one day i dream i will be able to purchase directly with bitcoins but while those doesnt happen i am happy to exchange into fiat.
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