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721  Economy / Economics / Re: A cryptocurrency with volatility can't be used as money on: June 16, 2018, 05:35:45 PM
in fact I'm not too familiar with your question, man! we all know that the bitcoin value is designed to fluctuate, if you buy goods with bitcoin and at any time the bitcoin price goes down, the goods purchased with the bitcoin will not go down. simple, the price of the goods or the fiat does not depend on the bitcoin price itself.
Yes. You are right. it will not be possible with bitcoin prices going down and the items they want to buy with bitcoin will also go down. it will not be possible. if they order the goods of course the price in accordance with the price of goods they have set. I do not think it has anything to do with bitcoin from the price of the goods.
722  Economy / Economics / Re: it is possible fiat currency will crashed? on: June 16, 2018, 05:23:44 PM
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Okey,
you heard Rober Kyosaki talking about the end of the Fiat Currency ? and you believe it right away ?
so,if he said this world will end in the next month or he said you will die tomorrow morning you will believe it too ?
i know you have a reason to believe him,but have you done a research before about this topic ?
there's no way Fiat will be dead,because if we don't have Fiat in this world how to calculate the value of every assets in this world for example ?
and other that that Fiat also have many function such as a physical payment,and not everybody will use digital currency for sure.
some of them even don't understand how to operate the computer.
so,everything what he said was a nonsense.
I agree with your opinion. it will not be possible.
unfortunately I do not believe they say the end of a flat currency. I'm sure they did not do enough research. because everyone still needs a lot of money.
723  Bitcoin / Bitcoin Discussion / Re: Legal umbrella for the crypto community on: June 16, 2018, 04:31:02 PM
You as a crypto user.
do you have a legal umbrella if later there is a problem
What do you think and give me an explanation?
sources I found.
there are countries like Switzerland looking for opportunities in the rapidly growing economic decentralization market with their main branch, early coin offerings (ICO), Blockchain, joint economics and other digital business models.
As a barometer of recognized beliefs and political decentralization, Switzerland for the first time held d10e, a series of major conferences on economic decentralization from 11-14 November 2017.
The partners and initiators of the conference in Davos are the SmartOne Foundation, which aims to integrate sector laws into the revolutionary development blockchain technology and facilitate access to legal services for the crypto community.
and in my country. I have not found a legal umbrella for crypto users if there is a problem. trying to find a safe way. that's my opinion.
724  Economy / Economics / Re: Why we must study Economics at University? on: June 16, 2018, 03:53:21 PM
Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?

Yes. all should know about the economy. usually for the personal economy. they must manage their finances relating to the economy. so the daily necessities are the economy in their family. because without knowing the economy. they will not know their finances in their household. I am interested in economic market prices. and I need to know the current market price of the economy.
725  Economy / Economics / Re: Digital Money = Cashless Society on: June 16, 2018, 03:34:48 PM
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Bitcoin is a part of digital money. How is digital money is your country ??
it is difficult to ensure that digital money exists in every country. because every country already has legislation that has ensured that their money is legitimate money from the government in their country. if you make online payment like paypal. they use their form of payment using real money. which are transferred online. I hope every country can use digital money used in paypal or other payment.
726  Economy / Economics / Re: Bitcoin and Future of Economy! on: June 16, 2018, 03:26:29 PM
Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
Unfortunately, it is difficult to predict the value of Bitcoin because it depends heavily on demand in the market. But the fact is that as long as it should be considered a cryptocurrency of childhood. And this is a reasonable excuse for high volatility. digital currency will be more stable. but it is impossible for the world economy. because the economy depends on them.
727  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: June 16, 2018, 02:16:20 PM
We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?

I think. Must teach our children for a bright future education. so that our children will become our heirs. teaching children to do business and teaching about the future of the economy. so that children do not experience poverty in the future
728  Economy / Economics / Re: Do you approve this strategy: sell alts buy btc? on: June 16, 2018, 08:39:44 AM
I never want to invest on any of altcoins by selling my bitcoins because I knows that bitcoin has more potential than any other coins so it will give more benefits in future if we hold until,if you invest on altcoins you can invest the amount from profits of your bitcoin.
Yes. very aggrieved when investing bitcoin. because bitcoin has a huge advantage. has a very high market price. I am sure by the end of 2018 there will be a rise in bitcoin prices that will rise and normal again
729  Economy / Economics / Re: [ASK] How are you going to handle too much debt? on: June 16, 2018, 08:32:59 AM
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?

Just be responsible pay it in small amount. Discipline your self, the reason why people always run out of money is because their expenses exceed their income. So, it is best to adjust your budget and control your money properly.

Yes. I agree with your opinion.
must be repaid debts. and do the installment. for debts must be met. and if not, the installment should be postponed only. and set the date to pay off the debt.
730  Economy / Economics / Re: Bitcoin Prices Are Falling Again. The Cause? on: June 15, 2018, 08:11:53 PM
Quote
Bitcoin fell 2% early on Wednesday, dropping as low as $6,385. Other than one brief period in early February, when the cryptocurrency dipped below $6,000, today marks the lowest point for Bitcoin in 2018.

The latest Bitcoin crash appears to be a reaction to the release of a new study by University of Texas-Austin researchers indicating that Bitcoin prices were manipulated last year—when Bitcoin soared from $800 to nearly $20,000.

The New York Times report on the study explained that a “concentrated campaign of price manipulation may have accounted for at least half of the increase in the price of Bitcoin and other big cryptocurrencies last year.”


The research, conducted by University of Texas finance professor John M. Griffin and graduate student Amin Shams, presents evidence that another cryptocurrency called Tether was used to purchase Bitcoin after market downturns, thereby propping up Bitcoin prices.

“Tether seems to be used both to stabilize and manipulate Bitcoin prices,” the researchers say in the study.

Tether was created by a crypto exchange called Bitfinex, whose executives strongly denies the claims. “Bitfinex nor Tether is, or has ever, engaged in any sort of market or price manipulation. Tether issuances cannot be used to prop up the price of Bitcoin or any other coin/token on Bitfinex,” Bitfinex CEO J.L. van der Velde said in a message sent to Business Insider.

The University of Texas researchers tracked millions of cryptocurrency transactions last year, and say that the “patterns cannot be explained by investor demand proxies” and instead seemed to arise through the strategic use of Tether.

What’s more, this scenario brings with it the possibility of huge profits for Tether creators, the study states: “If Bitcoin prices increase, then the founders can cash out the acquired Bitcoins into dollars, likely at a slower pace and on an opaque channel that has less price impact than their initial buying behavior. If the Tether issuers wish to legitimize Tether and avoid scrutiny, they can convert some of their cryptocurrencies to U.S. dollars and retrospectively provide dollar reserves for Tether.”

After skyrocketing in value in 2017, Bitcoin and other cryptocurrencies have collapsed through much of this year. Bitcoin fell 40% during the course of one week at the end of January, and cryptos like Ethereum, Ripple, and Litecoin dropped more than 25% in a single day. The cryptocurrency crash is still happening today. Litecoin, for one, decreased to a new low for 2018 on Wednesday, hitting $97—a dip of nearly 75% off the all-time high of $379 in December.

Much like the sharp increases of 2017, the steep declines for cryptocurrencies over the past few months are hard to fully explain. Most observers chalk them up to a combination of countries cracking down on crypto exchanges and investors either seeking to cash out their profits or eat their losses. Or more people could be accepting the premise of critics like billionaire investor Warren Buffett and Nobel-winning economist Robert Shiller, who basically say that Bitcoin is a scam, or at least a bubble that’s bound to pop.

Hackers and the possibility of price manipulation seem to also be concerns for crypto investors. After a South Korean crypto exchange said it was hacked last week, Bitcoin tumbled 10%. In addition to the new University of Texas report on Bitcoin price manipulation, U.S. investigators are looking into whether several cryptocurrency exchanges have been manipulating prices, the Wall Street Journal reported last week.

In the University of Texas study’s conclusion, researchers say, “Our findings provide substantial support for the view that price manipulation may be behind substantial distortive effects in cryptocurrencies.” And they say that more regulation is needed: “These findings suggest that external capital market surveillance and monitoring may be necessary to obtain a market that is truly free.”

http://time.com/money/5310924/bitcoin-price-manipulation-tether/

I haven't yet read the study which claims a link between tether and bitcoin. My initial impressions are its a BS claim. Tether lacks the market cap to significantly affect bitcoin's price. The amount of purchasing volume necessary to manipulate the price of bitcoin up near $20k is far in excess of bitfinex or tether's net worth. If the price of bitcoin was manipulated there are far better ways of explaining it. Crypto exchanges which lack trade commissions are probably a better explanation for market manipulation as it could allow traders to buy and sell to themselves on multiple accounts on an exchange without incurring significant losses.

The last line of this article seems to contradict itself:

Quote
In the University of Texas study’s conclusion, researchers say, “Our findings provide substantial support for the view that price manipulation may be behind substantial distortive effects in cryptocurrencies.” And they say that more regulation is needed: “These findings suggest that external capital market surveillance and monitoring may be necessary to obtain a market that is truly free.”

This is what comes to mind, reading the last part.



The idea of a crypto market being "enslaved" under surveillance and monitoring, in order to achieve "freedom" could be a form of "freedom is slavery" political posturing.

If the context is correct.

why bitcoin prices fall. What caused it?
I think. because there's a big mafia playing, selling all the bitcoin they get from the bitcoin scam site they made last year, and also the fall of XPY prices is now also the cause of bitcoin decline, and many HYIP sites under the guise of bitcoin investment leading to fraud, and it's time for fraudsters to sell bitcoins from their scams.
so, in the heart of the answer, bitcoin prices go down because of the "cheat" coin action that promotes homemade coins and makes huge profits and then runs away.
731  Economy / Economics / Re: Do you spend less bitcoin/alts now? on: June 15, 2018, 08:00:43 PM
I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?


yes i feel what you feel. if current sales are severely disadvantaged. maybe this time to collect as many coins as possible. and in the future it would be nice to sell it. and can sell it if the market price goes up.
732  Alternate cryptocurrencies / Altcoin Discussion / Re: Russia is about to be friends with cryptocurrency! on: June 15, 2018, 06:13:29 PM
Russian government believe that it is necessary to legalize operations with cryptocurrency. They say that it will help the state to fight illegal money transfers. Moreover, central bank has the same opinion but with the condition of creating own russian cryptocurrency. What do you think about it?

very good news
if connected with other countries. so free-made transactions have legalized crypto. I strongly agree that the Russian state has legalized the manufacture of crypto in their country is very useful to counter all acts of illegal transactions
733  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ico on: June 15, 2018, 05:59:20 PM
Do I need to search for a potential ico project to invest in?

yes because ICO is the realization of crowdfunding model, where the participants finance the development of the company, From the beginning of the profession to earn future income. Crowdfunding can be considered as an alternative form of attracting funds from outside the traditional financial system. This model helps find investment for many large projects.
734  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: bounty hunter campaign on: June 15, 2018, 03:09:16 PM
I'm curious about bounty campaigns, is there a forum that provides campaigns other than bitcointalk forums,
I know the current campaign in Marketplace (Altcoin) https://bitcointalk.org/index.php?board=238.0
which made it difficult for me in the Altcoin bounty, confused choosing too many campaigns.
and recent updates are not necessarily the latest campaigns. I just want to know the date on when to start and finish the campaign.
You simply follow the project rules they develop. there is time to travel from the campaign period. so you should read some of their rules like white paper and developers.
campaign completed when the sale runs out. if the sales period has not been exhausted then the distribution will not be completed. but you have received a token from them.
735  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: BOUNTY HUNTERS,This is for you on: June 15, 2018, 02:59:01 PM
It is also really hard to analyze whitepapers especially if you are there to detect things like a scam. Even experts can't really specify what makes a project good since every project is different. I think you should focus on good bounty managers or asking for experts.
I think not all ico projects are scam. they must join under the leadership of bounty managers. so they can follow the development of ico project. if they do not follow under the leadership of bounty managers. then the project will not run perfectly.
736  Alternate cryptocurrencies / Altcoin Discussion / Re: I want to invest, please help? on: June 15, 2018, 02:42:18 PM
I research on crypto last two month. I want to investment.

Please suggest me better crypto.


Thanks in Advance.

I think there are lots of coins to invest. You only select a few coins like ethereum or dogecoin. I personally use ethereum for investment. I am currently collecting it. waiting for the end of the year there will be an increase
737  Bitcoin / Bitcoin Discussion / Re: What is the Challenge of Russian-Indonesian Economic Cooperation on: June 14, 2018, 04:39:14 PM
I hope not only the two countries that can work together, other countries must be able to work together to solve the world economic crisis. this problem is not just one country that is harmed because many countries will be harmed. solutions to work together that we can use today.
very good and interlinked too, because seeing economic development so far is not good, I want those who cooperate with some countries will reduce poverty in other countries, whether this effect is due to market price decline, I can not predict when this market price will be wake up again
738  Bitcoin / Bitcoin Discussion / Re: What is the Challenge of Russian-Indonesian Economic Cooperation on: June 14, 2018, 04:28:14 PM
Myself will support Indonesia to do cooperation with russia because this will provide fresh air for us bitcoin users in Indonesia.
with the occurrence of cooperation between these two countries, it will definitely be mutually beneficial to each other.
which needs to be examined in the "Home Project" is how to control the misuse of bitcoin, overcome the troubled hackers and reduce the scam on the world of crypto.
I think the problem should be solved, so that the world of crypto can be more successful
yes, I strongly agree with your response, because so far I see the Indonesian economy is declining, whether this has an impact because the market price for crypto decreases.
but for me no problem, how the fate of our friends and relatives
739  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what coins are best to buy now? on: June 14, 2018, 09:55:00 AM
Hey guys , in this topic I'll show you the coins should grow in price.
As we know the successful launch of Mainnet or Testnet pushes the price up.
The screen shows a list of coins for which Testnet and Mainnet are scheduled to start, date and total capitalization.

Especially I want you to pay attention to coins with low capitalization, since they are easiest to make a lot of X's. Of course, this does not mean that you need to buy all these tokens, you need to carefully study what you are investing your money into. And remember about the bank management!
Now the market is on the correction and I think this is the ideal moment to buy coins that you liked.
What coins I bought: TRON, EOS, Ontology, Theta, VeChain, Aeternity.
Write your thoughts on this, it will be interesting to listen;)
P.S sry for my english
Hello friend
I just saw this type of coin. from where you are, how to find this coin. whether already entered in the market for this type of coin.
740  Other / Beginners & Help / Re: How to learn how to trade or invest on: June 14, 2018, 09:32:21 AM
There are so many source of learning where you can learn trading or investing in cryptocurrencies. There are also some crypto exchanges where you can practice trading with a small amount of investments. If you want to learn more, you can read topics or comments in this forum and understand every details, it's just simple !
yes I agree with your opinion. there are many in this forum that provide guidance on how to trade and invest. and some also offer procedures to store coins in the wallet. I think this includes very simple. read a lot on this beloved forum.
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