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721  Economy / Economics / Re: Crypto debit card for FIAT payments - would you use one? on: January 01, 2019, 01:45:32 PM
It may look easy, effective and useful, but it looks wasteful. In addition, the value of unstable coins makes it uncomfortable. Not all will use a debit card and certainly it will be wiser for people who are able to do it.
moreover bitcoin has a high volatile, so it's hard to determine. and I think there will be many people who don't dare to use it, because they are at high risk
722  Economy / Economics / Re: Bitcoin need a miracle on: December 31, 2018, 02:08:34 PM
By faced drop and lower price at this year, bitcoin need miracle to make and have higher price at new year, just wait what will happen with bitcoin next time, growing up or will be dump.
we need new investors that bring huge money to this market.without new demand market capitalization will not growth.and all cryptocurrency price stuck in current price.so we need good fundamental as triger this demand.
in january we will some news/ fundemental that could be trigger for cryptocurrency movement.and most waited was BAKKT trading launched.if no more any postponed , large finance institutional will come to this market with large money too.and market get positive impact from this.
reportedly this is planned to be carried out towards the end of January. hopefully it will have a positive impact on cryptocurrency, so that market movements can be green, throughout the year we see a market down, and we hold on to it
723  Economy / Economics / Re: Fiat, Banks and the future of Cryptocurrencies on: December 31, 2018, 02:04:02 PM
In my opinion, in the future cryptomarket should be regulated by government. We already seen too many scam ICOs this year and to protect investor money, government should regulating cryptocurrency. I am agree that exchanger should comply to KYC because many people think crypto is used for money laundering
Not everything in cryptocurrency should be regulated by states. The basic principles of the existence of cryptocurrency, namely, its decentralization, relative anonymity and confidentiality should remain. ICO activities should be regulated in order to protect the rights of investors and other participants in the campaigns of the ICO bounty, but no one should interfere in the ICO process itself.
but with the regulation of ico by the government, it can at least suppress fraud in ico, where it has caused many investors to be disappointed, and if noted this can make the market fall
724  Economy / Economics / Re: The whole market is going down. Any particular reason for that? on: December 31, 2018, 02:00:48 PM
My reason is that market prices are down because the content in the forum is not good and does not support bitcoin and the many rampant hackers that have been damaging the bitcoin image and I order for 2019 we must eradicate hackers that are dibitcoin and use good words in the bitcoin forum
this forum didnt give big impact to bitcoin and cryptocurrency price.the discussion in this forum and market totally different.this forum just normal discussion , meanwhile outside there we see and heard many fud that make investors scare.
at least the whales have more funds, so they can worsen the atmosphere, plus fud factors that can scare investors into investing. but I guess that doesn't happen permanently, and we can see prices going up soon
725  Economy / Economics / Re: thinking of selling or investing more. on: December 31, 2018, 01:54:02 PM
Because nobody knows when the market will start to rise. But, as I expected, this time not from Sales just stopped and watched the market and appreciate this time with I family on the grounds that in a few months the market will start to rise. So this time there is no compelling reason to offer. I don't know myself and I can't predict the increase. But if the coin that I hold is valid and worth holding, I better hold it or I have to cut my losses.

If you think the coin you are holding has a good platform and a good use then it is better to hold it as until you feel like it will rise the highest it can. Yes we cannot predict the movement of the prices in the market but we can monitor it, and in that strategy, we can say when is the right time to sell and to buy.
right, it also depends on ourselves, the most important thing is that we have high self confidence in facing future market conditions. is not successful people are those who dare to take risks
726  Economy / Economics / Re: Will crypto solve socioeconomic problems? on: December 29, 2018, 07:54:38 AM
Bitcoin is just a revolutionary form of money, but despite its superior technology nothing is going to be solved because of it, all the problems of the world can only be solved by those which created those problems, in most cases humans are responsible for the social and economic problems of a population, so I really do not expect anything to change because of bitcoin.

I am agree, bitcoin is just a currency and we need government to solve sociaproblem in our community. Bitcoin created because we should not need third party for our transaction but to solve socioeconomic problem, government have important role.
many personal economic problems are overcome by the existence of bitcoin, but the government can do more than that. because the government holds policies that must be adhered to, causing massive effects
727  Economy / Economics / Re: What is the reason of this sudden decline in BTC price? on: December 29, 2018, 07:50:30 AM
Bitcoin price is independent of any of the market scenario. Upon this it is very hard to predict which is the perfect reason for the price decline or the price pumping. Soon expect a large scale price pumping when a massive adoption takes place, as more people are much eager to be a part of the network. Also, more and more e-stores and physical stores have begun accepting cryptocurrencies which supports in the increased circulation of cryptocurrencies leading to price variation with time.
what we have to pay attention to is don't be greedy. so that it gets profit according to your target, because there is no certainty about the market, especially crypto has high volatility
yes you are right, greed makes people feel right and doesn't think of anything that ends up losing. other than that patience also needs to be done when a sudden decline like now, I'm sure all this will definitely end and will be normal again.
error in analyzing is something that is natural, by managing the level of risk and consistent with the analysis, I think we will be more calm in facing the market. and don't forget to diversify the results that you have obtained
728  Economy / Economics / Re: Wasn't this crypto-crash (course) needed? on: December 29, 2018, 07:45:36 AM
The crash was an inevitability, as it always is when a market goes parabolic like the crypto market did last year. For those of us who were new to the market and got caught up in it, it can provide an invaluable learning experience. For most it will just lead to loss and for them to panic and quit on crypto.

Market always move in opposite direction from the general public anticipation. People were thinking that in December 2018 they may see the bull run, but it happen totally opposite. The market crashed from 6000$ to 3000$ in this period and it was a planned move by the whales to get the coins in cheap.
after not meeting the expectations of many people, of course, panic is expected to occur, so prices fall further, and they can take advantage of the situation. Hopefully, even though it's not as expected, at the end of this year we still see a green market
729  Economy / Economics / Re: Is small business ready to sell for cryptocurrency? on: December 28, 2018, 01:40:00 PM
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited.
the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool
what is important is, the payment system that you implement. if you don't want to lose because of fluctuations then use the payment system by automatically converting to fiat, so you will not lose money due to fluctuations, I think that is done by some online stores that accept crypto payments
this method can also be implemented as a small shop, but knowing trading, I think it will be better, because we can hold the cryptocurrency that we get, and I consider it a double job
730  Economy / Economics / Re: Useful investor rule!!! on: December 26, 2018, 12:45:11 PM
TLDR: don't trust anyone offering you a fixed rate of return, if it sounds too good to be true then it probably is. Great advice but very much over-complicated here.

I am agree with this. In any investment market, there is market fluctuation. I am believe every investment we made, there is profitable investment and some investment loss the value. I think we should not trust to people who offering fix rate of return or promising big profits
but sometimes there are still many people interested in that. by offering attractive offers they can still get victims. therefore logical thinking is the key to not falling into the trap
731  Economy / Economics / Re: Central Bank of Crypto-Currency on: December 26, 2018, 12:41:05 PM
Cryptocurrency nowadays are not only designed to be decentralised, as the central government mixed in the space slowly they will adopt the system to control its people. In coming years well be seeing a lot of public and private assets being tokenized from real estate, banks and oils will become common in our society.


You are probably right. If we look through history of money transaction and on this i mean everything from barter to buying. We started with cows and sheeps as payment, then we create cooper and silver coins, then we had paper money, plastic money (cards) and we have bitcoin now with variety of other cryptos. So if someday bitcoin becomes globally used currency on this I mean that you/me or she comes to regular store and buy something like candy for kids and pays with bitcoin then I can say that we can discuss about central bank for crypto asset.
There's a chance that it will happen but it will definitely take a lot of time.
I hope that time we are still alive so we will enjoy what will happen in the future, we will be very proud then that we are one of the early investors
who supported the technology that will be massively adopted in the future.
now we are fighters for the development of bitcoin in the future. as it develops, it is possible that this can happen. but time is the answer, because the process that must be passed is not as fast as lightning
732  Economy / Economics / Re: Bitcoin eventually disappear... on: December 26, 2018, 12:37:01 PM
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?


Bitcoin is deflationary by nature. This is counter-intuitive to how most of us have been raised on an inflationary economic model (fiat becomes worth less and less over time due to inflation).

What you say is correct, but don't forget the less Bitcoin available means the supply is lower. When supply drops and demand stays the same, it means the price increases. Which means the price of Bitcoin never stops rising over the long term.

i agree with you, if it is calculated on average, bitcoin is always experiencing deflation, the supply of bitcoin is decreasing because more and more people are looking for the price of bitcoin to increase. this is in accordance with economic theory about the nature of scarcity that causes prices continue to soar
the more rare bitcoin in the market of course makes prices increase so and vice versa. but what happens now is that many people throw away bitcoin and that makes the trend decrease
733  Economy / Economics / Re: welcome bulls , Bye bears on: December 25, 2018, 04:11:05 AM
Even if it's a bear market i still got some good profits from my bounty on 2017 that has been listed on exchange this year. However i am still hoping to have a bullrun this 2019 and to get a much good profit this year compare to 2018.
with the price now far below the price of ico, I think it is less effective if we sell it. so we need to hope in 2019, hopefully prices will return to normal and we will smile to sell them
734  Economy / Economics / Re: The market is looking healthy and greener all over again on: December 25, 2018, 04:07:07 AM
Yes it is a great news for cryptocurrency and hoping it continue to grow up until next year. My guess is that bitcoin will close at least at $5k but if not then there's nothing we can do about it and just wait till 2019 and hope for bullrun.
if my hope is that this year bitcoin can pound the price of around $ 6000, then it can pass the resistance and provide a signal for the next bullrun. but until the end of this year conditions had only slightly changed, with prices ranging from $ 4000
735  Economy / Economics / Re: What will you do with the current market? on: December 25, 2018, 04:03:47 AM
currently the crypto market is declining because now all it takes is very much confidence and patience to invest in crypto currencies with the crypto market conditions that are now
This week we see prices starting to rise, and we can make this condition to foster confidence again to keep holding the assets we have, so that we can enjoy maximum results later
736  Economy / Economics / Re: Money vs Barter on: December 24, 2018, 01:31:07 PM
Barter is the lowest and most backward form of financial relations in society. The current economy will develop very little if barter relations exist. The use of national paper money is a simple and reliable way of commodity relations and so far it has no alternative. Cryptocurrency has many advantages, however, there are many disadvantages, and considering them, it can only go in parallel with the national money of the states.
when the transition from barter to money, of course there are many pros and cons, because there must be an agreement to assess a currency, and certainly requires time for that, I think similar to the emergence of cryptocurrency at this time
737  Economy / Economics / Re: Ron Paul: All Bubbles Must Pop, the Sooner the Better on: December 24, 2018, 01:27:04 PM
Everything artificial must ultimately return to reality. The sooner the return, the better.



Agreed but not with the sooner the better. If the pattern is only going to be the same again next time, with more artificial growth and another bubble, it's best that those bubbles grow as much as possible and are sustained for as long as possible.
but on the one hand, if it is maintained as long as possible, it means consolidation occurs, and it is actually less attractive to traders. high fluctuations like this are opportunities to earn a lot of money
738  Economy / Economics / Re: Canada warns its citizens to only buy marijuana with cash on: December 24, 2018, 01:23:49 PM
That was a big point. I haven't think there situation upon the legalization of marijuana.

By that being said it seems that this can be a big issue for those countries who were highly against marijuana.

I was just thinking if canadians might be ban from visiting other countries
that can happen, by legalizing marijuana in Canada, it is possible for a country to block Canadian people from visiting the country. but aren't many governments afraid of crypto being used for drug transactions? but what happened in Canada was the opposite
739  Economy / Economics / Re: Is wallet security important to use? on: December 23, 2018, 03:02:54 PM
Your wallet security you should be able to add a lot of security such as authentic or email confirmation and devices connected to your smartphone, so with that high security will make your wallet very safe.
right, the feature will be more secure when using the additional security system, so hackers will be more difficult to break into. besides, don't like to open unclear links, for example via email
740  Economy / Economics / Re: the future of crypto is good or bad on: December 23, 2018, 02:59:09 PM
The future cryptocurrency is very good due to mass adoption are kept increasing, in the coming years, we might see the growth of cryptocurrency acceptance is very huge, in some countries already you can see some companies are already accepting cryptocurrency for payments.
The future of crypto is in our hands, we can help the crypto to have a good future if we will continue to support it. By observing what's happening nowadays, we can conclude that the market is becoming more stronger than before.
I guess not only us, but we need fresh investors to invest in large quantities. by being put on the stock market by the government, I think it will accelerate the development of cryptocurrency
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