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761  Economy / Economics / Re: The world that all money have become crypto currencies issued by government on: December 13, 2018, 02:54:02 AM
I this thing is impossible to happen. Because we all know that there are several countries that don't want cryptocurrencies. And they are banning the use of it.
this possibility can occur, but requires a long time. today many developed countries legalize cryptocurrency, of course other countries will follow their steps, to use crypto, because there must be cooperation between the countries
762  Economy / Economics / Re: You cannot eat your cake and have it on: December 13, 2018, 02:50:29 AM
There are some people who losing their investment because they do not planned well. Do not expect that you will earn profit by just investing your money. There are many risks that you are going to take before you earn profit from your investment.
indeed, before we invest, it is better to know the risk and reward, so that later when reality does not match the wishes, we can still be eager to trade, and can learn from mistakes
763  Economy / Economics / Re: The mentality of an average wannabe investor on: December 12, 2018, 02:05:02 PM
I learned about Bitcoin in 2013, but then, unfortunately, I did not believe in it. I created my investment portfolio in September 2018, at the moment all my coins show minuses, but I don’t regret because I firmly believe that the time will come when my portfolio shows XXX.

This time of commitment is not shown by many investors. Many people when they are in 10 or 20% in loss start complaining and feel that have lost everything.  Those who do not sell in panic and can hold for a longer period of time will surely be in nice gains in sometime in future.
of course patience will produce something good. but for the patient, not all investors can go through it, many of them panic sell, and it actually makes the market worse, especially if done simultaneously
764  Economy / Economics / Re: Money vs Barter on: December 12, 2018, 01:57:25 PM
No matter how money changes over time, the purpose of money cannot be used for trade. The evolutionary end point of money is to let the currency disappear. The reason why money is so big now is because people are usually more easily controlled by money, and future humans don't need money. This may take thousands of years to develop. When money disappears, human beings can enter advanced intellectual civilization. Now capitalism is only suitable for early human development. In fact, we are both primitive people and new human beings.

Money cannot be disappeared now and barter system cannot be restored. Although money may change its form from Fiat to Digital. The thing to note is that bitcoin is not currently used mainly as a currency. It is mostly used to trade with alt coins. Once bitcoin is more widely used in sale purchase of goods, then it will be more used as a main currency.
every time of course changes will occur, and evolution is something that is natural. so that over time, of course bitcoin has the opportunity to take place in a transaction, and everyone will follow it
765  Economy / Economics / Re: What Would be The Next On BTC Please Share Your Opinion? on: December 12, 2018, 01:54:15 PM
What Do You Think What Will Be Happen After This Market Crash On this Stage. And How to Get Over All This Critical Situation?Waiting For the Good News .when The Sun Peeps for a Good News brings a positive Energy to work with This Smiley


The only way that we do now is to wait for bitcoin recovery. No other crypto currency that surpassed to bitcoin guys I have no Idea about new currency replaced to bitcoin because since the beginning until now bitcoin is still the top and leading currency. 
of course the ups and downs in a market are natural. but I think, bitcoin will remain at the top of the list. especially by looking at the marketcap. of course after night there will be sunrise
766  Economy / Economics / Re: The relation between Bitcoin and stock market prices - has it changed? on: December 11, 2018, 03:24:01 PM
I think there's a reverse relation. The stock market dips and the Crypto rises.
I'll bring in some charts and evidences in this thread later on to prove this hypothesis.

I am not sure if you were correct but since you have an observation i will be waiting for your graph. More likely I wss thinking that it might just be a coincidence. Before I also saw a situation in which both markets are at its highest peaks in the same time frame
the two comparisons differ greatly. many investors are more comfortable investing in stocks, because with clear legalization. whereas in cryptocurrency only a few of the stock investors switched to him
767  Economy / Economics / Re: Impact of USDC - Circle - & other Stable coins. Dangerous. on: December 11, 2018, 03:20:07 PM
I see a lot of daily traders using USDC when crypto prices go down a lot, and return the pair to crypto coins when prices rise. this will provide an important role for the USDC in the market and their volume will continue to expand and if it becomes very large it's like a time bomb for crypto. stable coins backed up with USD even though I'm not 100% sure it's true
of course people will take the road so that they can make as much profit as possible, I think it is only natural, although there are other effects that lurk cryptocurrency, but it is their choice and we cannot do much
768  Economy / Economics / Re: Bitcoin need a miracle on: December 11, 2018, 03:16:30 PM
We need more people's power , we need to stop whales from taking control, we need people to have one mindset that can benefit the growth of bitcoin, if some party only want to make benefit for themselves by spreading fud and manipulation then bitcoin is toward destruction, we dont need miracle but we need to fix bitcoin reputation and keep on attract more investors
besides that we need to grow trust again for investors, because that will make them confident and invest again in the market. many people are frustrated at the moment, and they seem to lose trust
769  Economy / Economics / Re: All times are good to enter crypto - Tim Draper on: December 10, 2018, 07:19:26 AM
All times are good to enter the cryptocurrency market. - Tim Draper
Do you agree with this guy? All I know is Mr. Draper is a billionaire, huge bitcoin bull and a venture capitalist.
I kinda agree with him when I look at the bitcoin inform of investment vehicle for long-term, not just hit and run kind of investment.
What y'all got to say about this?



I certainly agree with the thought that anytime is a good time to invest in cryptocurrency. Just like what I have done from my experience where I invest during the bullrun but right now, my sticks drastically drops it's price. But I am certain that in any given moment, its price will grow again.
it only requires patience to exit market. when entering the market, of course requires a target and time prediction, if we can be consistent, of course we will get good results
770  Economy / Economics / Re: What will happen to Bitcoin if there is a global economic crash? on: December 10, 2018, 07:15:32 AM
I don't think Crypto currency will be affected by the economic crash. If there is an effect, that would be that people will pull out their investments on the stock market and place them on Crypto currency. But I don't think crypto currency will come out unscathed if ever the economy crashes. I don't know how but it will.
unfortunately many investors only know about cryptocurrency, but few are aware of the prospect of crypto later and they remain loyal to investments that have been regulated by government.
771  Economy / Economics / Re: CryptoCurrencies around the GLOBE on: December 10, 2018, 07:10:20 AM
What do you think about the popularity of Cryptocurrencies around the world, do you think many people now are aware of this Technology currencies?, how much percentage would you think and how can we expose and spread this? Smiley Smiley

I am believe many people knowing about cryptocurrency. The problem is many people think cryptocurrency is a ponzi scheme and a buble market. They have negative thinking about cryptocurrency because too many negative news and fake news in media
Moreover, many countries have not supported cryptocurrency, so many choose to invest in a safe place besides that. it might be different if many governments support it
772  Economy / Economics / Re: Who are benefited with cryptocurrency? on: December 09, 2018, 08:50:10 AM
There is no way to know who controls the market, I believe that the level we are today would have to be a joint action in order to have some influence on the flow of btc.
right, now self-confidence and confidence in bitcoin must arise from ourselves, so that if this is done simultaneously, the market will certainly be better. moreover the formation of prices comes from demand and supply
773  Economy / Economics / Re: Sick and tired of the cryptocurrency bullshit!!! on: December 09, 2018, 08:42:40 AM
Now I am even tired of the entire cryptocurrency. There are countless scammers here. They are really damn groups. Please ask God to make scammers unable to enter heaven. The scammers persecuted the growth of the cryptocurrency market, and I lost confidence in the future of cryptocurrency.
indeed when there are a lot of scamer. but we must take the positive side of it. we must be smarter to choose and still to learn to be patient, so that we will become better human beings than at present
774  Economy / Economics / Re: What can be done to make bitcoin stable? on: December 08, 2018, 04:22:11 AM
I think its hard to make bitcoin stable except bitcoin is centralized cryptocurrency and the supply controlled by institution. Bitcoin is decentralized cryptocurrency and i think no one can control the price, its depend on market and supply and demand
by establishing prices based on demand and supply, especially with a decentralized system where no one regulates them. i think it will be difficult to equate the thoughts of all existing traders
775  Economy / Economics / Re: 2018 the year of correction? on: December 08, 2018, 04:18:07 AM
We can say that the year of 2018 is year of correction , because there might be things that really need ti be corrected as part of this bearish season why that this is happenning ,so there might be reasons that make this market falldown , so as part of the crypto community we are also part of responsibility that make this market down , so this year must ve corrected so that for the coming year , it might have a good trend market which is the 2019, so again let support bitcoin and cryptocurrrency.
the most important thing is that we must continue to be patient with the market, many say in Q4 prices will rise, but not like that until now. focus on your goal to hold, so that if 2019 is not in line with expectations we still have patience
776  Economy / Economics / Re: Some advices and references for a newbie? on: December 08, 2018, 04:14:02 AM
Hi newbie. If you are going to wander in this forum, you will be able to see a thread that pertain to trading in general. There you can see some trading practices, what to do and what not to do. But it is separate if you are looking for economics and trading per se. hope this link will help

https://bitcointalk.org/index.php?board=8.0

if I were to give an advice regarding trading, it is to buy low and sell high this is the mantra of the cryptocommunity when it comes to trading. Personally, I would recommend to not get yourself involved in trading in this time as trading is not feasible.
isn't it a good time to buy right now? with a relatively low price, we will get more coins. but it must be careful because the downtrend is still happening. so taking advantage of the moment is the best thing
777  Economy / Economics / Re: Are fiat currencies necessary in the world? on: December 06, 2018, 04:03:56 AM
technology that supports crypto is still developing and many small countries still don't know crypto, so fiat will continue to be used until crypto can replace the full role of fiat, but it takes a long time and a lot of new infrastructure is built

Correct that not all small countries and regions know about Bitcoin because in some areas I still don't understand Bitcoin at all until now. Everyone still expects paper money to be able to buy what they want or exchange the items they like.
fiat currency would not replace by any digital currency.it would not happen, although cryptocurrency has many advantages and benefit but whenever people still using fiat.and government would not allow other currency replace their currency.its representated economic power of their country.
same as in my country, which plans to legalize cryptocurrency as an investment tool, not as a means of payment or transaction. in the near term it is difficult to happen, but at least there is a development where our hopes can all be achieved later
778  Economy / Economics / Re: the future real money on: December 06, 2018, 03:58:40 AM
I think real money in the future will keep up with the times and technology so that it is more practical, fast and efficient, and it is the same as the nature of crypto currencies and all will be digital

I don't think anything would be exclusively digital even in the future. There will always be the need for something that we can physically touch and hold even with n advanced society's standards. So the digital age may advance and make things easier for us but real money will always be a necessary option.
It feels like system must be changed. People must change themselves to adopt this spectacular coin and countries must accept it and adopt their systems. Modification would be need of time.
It is very easy to say that people and everything should adapt to cryptocurrencies but unless there is a very powerful reason to do so no one is going to do it, why a person should choose to adapt to cryptocurrencies when no one is using them, while bitcoin is very popular around the world I have yet to met a single person that uses bitcoin in my country.
just like in my country, where only a few bitcoiners exist, bitcoin is famous after its price surged last year, and this time dimmed, it seems like most of them lost confidence in it
779  Economy / Economics / Re: Who is really hopeful about the future of Bitcoin and why? on: December 05, 2018, 02:10:57 PM
Who is really hopeful about the future of Bitcoin and why?
If we have positive mindset in bitcoin! For sure, the community of bitcoin will go strong! If we just have unity, even the market is full of red, bitcoin will rise up. Since demand of bitcoin is the basis why it is moving upward. If there is a great demand, there is also a lot of chance to increase its value.

I have been here since 2016 and seen the up and down of bitcoin prices. I have a strong feeling that future is of digital currency and bitcoin will play a vital role in it. The current bear market is temporary and i am hopeful that 2019 will be a good year for bitcoin.
indeed that is the hope of all of us. and hopefully we are strong to hold it or even buy it, so if the bitcoiners have the same thoughts, of course it will have a positive impact on the market
780  Economy / Economics / Re: Fire in the market: Bitcoin is below $4000 on: December 05, 2018, 01:55:45 PM
This downfall is a best time to buy with the unexpected price of bitcoin. We just need enough patience to hold our coins and not be affected with this downfall as this will bounce back.
patience is indeed needed when things like this, do not be frustrated with the situation, and confidence will bring us to glory. by buying bitcoin now or at least holding it will make a big contribution
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