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701  Economy / Economics / Re: Paper Money - The Greatest Scam on: November 14, 2018, 04:19:03 AM
The 'paper money' that you say is a scam is still probably the most widely accepted form of currency worldwide. Scam or not, I can buy real world products with it. I have no doubt that crypto will have a huge influence, especially with international payments, but 'paper money' will be around for a while yet.
crypto is still a small pebble in the world of transactions, and in fact paper currency is still recognized throughout the world, and the world accepts it. and of course evolution will occur even though it takes a long time
702  Economy / Economics / Re: Alternative currency ( paper money ) on: November 13, 2018, 04:54:55 AM
Its an interesting question, it will depend on how was it created, the reason it was being created and who is the one that created, if the person got a hidden agenda about creating this currency then I won't used it, to be surre maybe I will see how other people reacted to this currency, the currency will have value if there is a supply and demand
basically the currency will be valuable if there is a transaction, it means there is a need and someone offers. thus there will be an active market circulation so that the trade can run
703  Economy / Economics / Re: Are loans - part of debts? on: November 13, 2018, 04:50:56 AM
Well, if you're asking a simple person like me, then I'd say that both loans and debts are the same. It just a fancy term.for the same beast. Much like lease and rent. Both the same bit one is seen on contracts the other on a sign board. Either way, someone will make a good distinction between the two.
right, both are same. in the trade balance, both are included in assets, where there will be a burden later in accordance with the rules to return them along with the agreed interest
704  Economy / Economics / Re: What is the problem of trust in projects? on: November 12, 2018, 06:58:01 AM
Crypto ecosystems must continue to rotate because not all old projects can survive, there must always be new projects, but indeed there is something uncontrolled since smart contracts began to be widely used

the worst impact is the decline in ico quality because it does not focus on project strength and readiness before publish it to sales. Next year there must be a strong standard for this or the mind of investors will be broken and we go back to an era of investment that is full of fraud.

It is not possible to remove ICO projects entirely as it has contributed much to the crypto market. But I do agree that it is going on decline especially with the rise of huge amount of scam, new ICOs resulting to a negative view on new projects in general. Setting a strict standard for new projects to follow may be effective coupled with wise investors who thoroughly research and select good projects to invest on.
right, by providing strict criteria, it will certainly filter out investors who will participate in the project. on the other hand investors will feel comfortable, because the project is truly carried out professionally
705  Economy / Economics / Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto on: November 11, 2018, 06:27:01 AM
bitcoin is base only in prediction then the price of it can go drops or high in an instant and this is worldwide like we users,traders and investors do buy and sell here another thing this is good already with so volatile market then that's why this run because if this is only stable i think few users only will use this not like this really popular now
with high volume it is a strong characteristic of bitcoin. where people can look for big profits here. but even though it can provide big profits, BTC also has a big risk, because of its high volume
706  Economy / Economics / Re: Why spend time in bitcoins? on: November 11, 2018, 06:23:11 AM
Because spending time in bitcoin is just like spending your time to gold or any other precious metals. We know how this technology has shaped the online payment system of products and services as an alternative medium of payment aside from cash. Moreover, the time spent is worthy as bitcoin can change your life forever too.
bitcoin technoloy or we often called it blockchain , could be future technology in payment system.and could be alternavi money for us i digital and cyber world.
from your exposure, we can imagine the future of bitcoin. therefore we have to spend a lot of time collecting btc. with the campaign program, we can look for it for free without money capital
707  Economy / Economics / Re: Big institutional money has yet to enter the field. on: November 10, 2018, 04:29:56 AM
Both reasons are the same reasons that crypto currency haven't been adopted by local business to exchange their products and services to. I myself have invested some of my grandparent's pension on crypto currency and they've gained alot these past 3 years. I just hope that we will see adoption of it sooner than later.

This will definitely be happen as the blockchain have been very popular. More and more are starting to like the technology which means that big institution can't avoid the fact that they are also getting interested. Adoption is already been started and definitely in the near future, this'll be much more topic to be discussed.
with the tectonic advantages offered, of course, many people will choose the effective and efficient way. the proof is now banks have begun to use that system to facilitate their duties
708  Economy / Economics / Re: Will crypto solve socioeconomic problems? on: November 10, 2018, 04:26:29 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?

I am believe if cryptocurrency regulate in a country, it will improve country's economy because more eficientcy will created. If more bussiness sector jump in crypto, they will saving a lot cost and can expand their bussiness and creating more jobs
especially for now, by using cryptocurrency, of course indirectly invest, so that more countries allow it, the value will increase. and i think that is a double advantage of using cryptocurrency
709  Economy / Economics / Re: Blockchain will help Economy. on: November 09, 2018, 07:56:16 AM
it is true that blockchain is very useful, but the problem is anonymous transaction records, which provide an opportunity to disguise illegal transactions such as money laundering, terrorism and drug transactions. this is a dilemma for blockchain technology
many governments are reasoned like that, so they cannot legalize cryptocurrency. actually with blockchain system, it will provide many benefits that facilitate us to do something, but sometimes they don't want to lose their safe place
710  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Investments Why Risky? on: November 09, 2018, 07:48:56 AM
ICO investments are risky because we already know that there are many scam ICO that already stole millions of dollars from investors. Additionally, it's not only ICO scams that make ICO very risky investment, it's the fact that it can fail anytime if it can't reach its target capital.
this condition that make investors affraid to put their money into ico projects.so we often to see many ico did not reach their target and finally project failed.
people trying to get benefit from cryptocurrency market by doing wrong thing and harming other people.actually this market really give us opportunity to earn money without spend any money.if we want we could join on bounty campaign, so didnt need to make fake ico or hack wallet.
but sometimes many people want to get a lot of money in an instant. so that it only collects funds and is taken away. therefore investors must study it in detail before investing
711  Economy / Economics / Re: Economic crash in 2019! RE.1 on: November 08, 2018, 06:06:27 AM
I don't think. You know about these economic cycles that repeat every 5 or more years. It rather will not be the collapse that is going to catch us in not that far future, it is just another bottom of the cycle. It's just fine. Don't worry guys.

Cryptocurrency people do not need to worry though. Bitcoin and other coins may have a connection but it is just a little connection to what is going on to cryptocurrency market and market manipulated by the government. So people do not nesd to worry, somewhat see this as an opportunity.

Economic downturn will definitely effect  everyone as money in the market gets wiped out in the process so people want to save more money during that time rather than investing in the market. So crypto would not be an exception to it and as it is highly volatile even this market can crash easily.

when the economy is difficult, of course many people save money, few of them invest, let alone investments that have a high risk such as cryptocurrency. they certainly prefer investments that are at risk of lace
712  Economy / Economics / Re: Factor to Consider on: November 08, 2018, 06:00:15 AM
The general situation in the world economy. Falling stock indices on the largest exchanges leads to a decrease in the price of bitcoin.
The aggravation of international politics also negatively affects the price of bitcoin.
The sale and withdrawal of a significant number of bitcoins in fiat leads to a decrease in its rate.
what you are saying is very true that many factors can change anything therefore until now no one can predict with certainty the price and development of cryptocurrencies may be factors and risks can be related to investment in cryptocurrencies
Thats right, there are many factors and many aspects that affect bitcoin and crypto markets, so the analysis sometimes does not fit your expectations because you only do research just on a few of aspects, while there are many things that you must analyze in the bitcoin market..
of course to take steps, we must have several strategies, if the analysis we have made is not in accordance with reality. so that preventive measures have been prepared before entering the market
713  Economy / Economics / Re: Each country has its own crypto currency! on: November 07, 2018, 06:37:20 AM
Would say USAcoin, but this is not really a realistic question IMO. Smiley If all the countries launch their cryptocurrencies, which they control, than it is not really different, than traditional Fiat money.
There would be no use of personal coin on international leave. If every country must open its own exchanges and transactions would be made within national terrorist, what would be profit for them. Virtual currency always works when it is dealt on international leave. millions of people come and try their skills and earn money from it. So, this wouldn’t be of some use.
in my opinion it might happen. like fiat money, where each country has its own currency, it is the same in the digital world, where it is possible for each country to do the same.
714  Economy / Economics / Re: Cryptocurrency - future? on: November 07, 2018, 06:33:34 AM
What do you think will happen with the cryptocurrency in the future?


Cryptocurrency will be  the new money that people are going to use to pay their expenses online. Tuition fee, online shopping, services, salaries and etc are going to be dominated either by  bitcoin and altcoin transactions.
from your exposure, i am happy when talking about bitcoin for the future. of course there are many good hopes for that. especially with its development, making prices soar and we will become rich at that time
715  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: November 06, 2018, 05:05:05 AM
Bitcoin has great capabilities of surpassing its all time price hit of $20K yet the price is now fluctuating between $6300 and $6500. This means one thing, thus the right time to buy more and join the Bitcoin train before there giant leap in price happens again.
it still need long time again to back to highest price ever.in near future difficult for bitcoin could move above $10.000 .we know now market psychology and confidence still in bad condition.
psychology take main roles on investors confidence to buy cryptocurrency.without this factor, they did not courage to take big risk in market.
but to control psychology requires a long process and time. besides that we also have to take into account the risks that must be borne, so that they are ready with the worst possibilities
716  Economy / Economics / Re: What will happen to bitcoin? on: November 06, 2018, 05:01:03 AM
Dont panic, bitcoin value will recover soon as long as we continue believing on it. I know we feel upset whats happening as of now but we still have to believe in bitcoin.  Right time will come  for us bitcoiners.

I was absolutely sure that everybody stopped to panic. It is evident that Bitcoin will remain the main cryptocurrency and the market leader. its price will not fall critically, and it has a brilliant future.
right, we must really eliminate the sense of panic for the future of bitcoin. but this is difficult to happen, especially many newbies who are still learning to control themselves. therefore we must start from ourselves, so that what we expect from bitcoin will be achieved later
717  Economy / Economics / Re: First licensed crypto-BANK! on: November 05, 2018, 02:53:27 PM
Establishing a cryptobank is good innovative in the financial world, I hope the transaction charge of the cryptobank will not be more than the traditional banking system we are running from because most of the cryptocurrency to fiat exchanging  platform charges even more than bank.
in essence all people want transactions that are fast and inexpensive and safe. many people with conditions like now they do not argue about fees, but there are also those who question it, depending on personal viewpoints
718  Economy / Economics / Re: Please, we should not totally eliminate fiat currency on: November 05, 2018, 02:49:26 PM
I think that was not the purpose of Cryptocurrency it just a another way of making it easy for the payments of any transactions that are being made by us. And I think it is a good way to make a easy living just like how other currency purpose.
right, cryptocurrency provides an alternative payment through blockchain system, where payments are made in a decentralized and transparent system, although i believe that evolution exists, but it will take a long time to achieve what you mean
719  Economy / Trading Discussion / Re: minimum amount to start trading? on: November 03, 2018, 03:32:17 AM
In my opinion 1-2 ETH is the total possible minimum because if you will start out with less your profits won't be significant at all.
well, 1 to 2 eth may be more than enough. for me, it's big enough to be used as capital to trade. well, a lot of things have a price below that, and I think that also exceeds the minimum of investment.
for beginners i think the nominal 2 eth is big, of course for the first time investment, less than that is not a problem. because we form trading psychology and learn trading. in my opinion that's the first stage of investing
720  Economy / Trading Discussion / Re: BTC Prices Predicting Software on: November 03, 2018, 03:27:25 AM
There are trading bots (which most people here do not advise the use of) that gives hints on the how the market will perform for the coming days.

But the word should be to predict the market, trading bots gives your probabilities the same with professional traders who look and analyze the market through price patterns and react based on that. But its still a probability none of that they are sure will happen.
usually trading bots will be more effective if market is in a normal state, but if there is important news that affects a large movement, it becomes less effective. therefore personal analysis in my opinion is the best
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