Let's talk about Gross Domestic Product or GDP here. According to Investopedia.com, GDP is defined as "one of the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period; you can think of it as the size of the economy. Usually, GDP is expressed as a comparison to the previous quarter or year." There are those who consider Bitcoin as an asset -- an asset which we bought using our cash or fiat money. It is just like buying a certain product only this time we are buying something in digital (almost akin to buying a digital book or eBook for that matter). Of course, this is a very simplistic comparison. What I am driving is this: Can we consider Bitcoin as part of the GDP of a certain economy or maybe part of the global GDP output? Or is it the services related to Bitcoin which is a part of the country's GDP? Bitcoin is just a currency or asset.I think that you answer your own question in your thread.GDP measures all the goods and services produced and sold in some economy during a year. We have to make the difference between product/service and currency/asset. Bitcoin price growth is not a GDP growth. Bitcoin related businesses create GDP,but most of them are part of the shady economy,so they can`t be measured properly. |
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There should be a major bank panic and people should start withdrawing all their money from the banks in order to increase bitcoin demand.The italian government and the european central bank will try everything to save the banks,so i don`t think that a financial panic could happen. Italy isn`t one of the most crypto-friendly countries so i`m skeprical about this,but it could have a small impact over the btc price. |
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So I'm back. You might not recognize this account , but that is because i made only a few posts around 2011. I was there at basically the beginning. I could be rich right now.. That's an odd thought! I was there, but i didn't put the time or effort in. Now im back, Bitcoin is higher than i ever thought it'd be, and i'm trading on exchanges. Live and learn. I feel dumb for not staying in, but smart for getting back in. What were you doing Bitcoin wise in 2011? Did you even know about Bitcoin?
The first time i heard about bitcoin and cryptocurrencies was back in 2013. I have exactly the same feeling like you.I feel dumb because i didn`t join this forum back in 2014 and i didn`t start buying and holding bitcoins.I had 1.5 bitcoins when the price was 300 USD and i sold them because i was afraid of a price collapse.I feel really stupid. |
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Hi guys
Just looking for some tips, basically thinking we are slowly coming into a bear market.
If that is the case then i want to be able to sell on the way down and then re-buy at an even lower point.
Based on that was wondering if you guys have any tips on how to sell on the way down while safely knowing you are not selling at the absolute bottom?
I remember that some big exchange platforms had a hedging feature.You can hedge your bitcoins by paying a fee and sell them at a fixed price in the future,so if the market price goes down,you profit from the hedge. There`s no way to predict a market price movement.Nobody could know when the price will reach the "absolute bottom". |
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Interesting project.I like the trust system and the 60/40 split for interest payments.
However,as far as i understand only people who make ethereum deposits will have the right to get a loan.
Do you plan to submit other cryptocurrencies?
What if most of the traders choose to lose their 0.1 ETH and default,after they build some trust and get bigger loans?
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I am sorry if this has been asked before, but where can I learn to read(understand) basic TA? I don't want to put in more than 10 hours and go into depths. Just need to understand basic Technical Analysis of how a chart is behaving and what to expect. Thanks!
Perhaps you could find some good courses about technical and fundamental analysis on udemy.com. Most of the courses are paid,but there are lots of discount coupons and some 100% free courses. If you want free information youtube is the best choice,but i think that 99% of the videos there are made by newbies who pretend to be experts. |
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Lets face it HBB (hit by a bus) can happen any time
what is you mechanism or plan to inherent you BTC to your loved ones?
particularly if they are not IT literate.
In my view A person could easily loose your coins in so many ways if you do not understand what you are doing.
My relatives will not inherent any of my bitcoins or altcoins. My parents divorsed and i hate them.I don`t have a girlfriend and i don`t plan having kids. Perhaps i will donate my bitcoins in case of death(if i have any bitcoins left). The easiest mechanism that you are asking for is to sell btc for fiat and tell them about your savings. |
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Dude,this is helluva domain name.I can`t stop laughing.  You should register a longer domain,this one is too short. Where do you plan to promote this? What`s the point of creating such serivce?I don`t believe it`s only for fun. Good luck with your project. |
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I`ve never listened to any podcast in my entire life.It doesn`t matter if it`s bitcoin related or not.
People just watch videos,podcasts are so oldschool.
Have you ever listened to some of the podcasts you mentioned in your thread?
Are they helpful?
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Perhaps a major war in the middle east(Saudi Arabia,USA,Izrael vs.Iran,Turkey,Russia and Qatar) would cause the oil price and cryptocurrency prices to skyrocket.
Yes,we are in a bubble.Every financial asset price(and bitcoin looks more like a digital financial asset rather than a currency) in a market economy is a bubble.
When the demand for that asset decreases,the bubble bursts...
Italy would collapse,but i don`t think that the italians would start buying bitcoins like crazy...
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I`m wondering how many bitcoins does Jeremy Liew hold.
He is one of the major btc supporters,but is there a way for Shapchat to adopt bitcoin in the future?
The Snapchat service won`t be 100% free forever.
Anyway,i think that the political climate helps the cryptocurrency growth only a little bit and
bitcoin would grow even if everything is perfect in the world economy and politics.
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There's one crucial error that I found in this analysis (so far) The token will be called NVOT (NVO Token) and will apparently have a fixed price. This doesn’t, of course, make it untradeable via other exchanges, which could give it varying prices and some volatility regardless of any efforts. NVOT will trade at whatever the market decides, NVOS will be stable at $0.99. Unless I just really didn't grasp the concept properly. Who is going to guarantee that NVOS will be stable at $0.99? Do you think that NVO owners/developers would start bying NVOS when the price goes under 0.99 USD? I`m still confused about a lot of things regarding this project and most of the posts here sound like japanese to me. |
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Don`t try to predict the future in 2018 and 2019,we don`t know how the governments and central banks will react to a mass bitcoin adoption.Perhaps,like Kakmakr wrote, some big countries would create their own cryptocurrencies instead of adopting bitcoin.When it comes to bitcoin and crypto growth ,i would say
"So far,so good."
Let`s hope for more fresh investors coming...
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All the major banks in Spain and Italy have big problems with bad loans and liquidity.
If i was on top of the European central bank i would do 2 things.
1.Get rid of the negative interest rates.This will increase the interest differential and increase the bank profits.
2.The European central bank should start printing euros and buying all the bad loans and toxic assets from the banks.
If the plan works,there`s going to be increasing inflation,but this is good for bitcoin.
Anyway i think that bitcoin is in a win-win situation against the euro.
If there is a major financial crysis in the eurozone, bitcoin is the best safe haven.
If there is major inflation in the eurozone,bitcoin offers the best protection against inflation.
This is just my theory and i`m not an expert....
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Hey guys,
I d like to get Bitcoin debit card. What is your preferable choice and why? Pls dont point this thread towards some paid promotion or comparisons thread, I d like to hear recent experiences from real users in terms of price, availability, quality of support, etc.
Thx a lot
I still don`t get it.What`s the point of having a bitcoin debit card? Can you use it somewhere to buy stuff offline with your bitcoins? Are there any merchants that accept such bitcoin debit cards? Is it more secure than just holding your bitcoins on a paper wallet? I just don`t understand why the forum members here continue to ask about btc debit/credit cards. |
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I want to buy hitleap minutes.
Message me your quantity and price.
Skype:itscoldice
Hello.I can run your Hitleap viewer software on my virtual private servers and deliver 2000 minutes per day for 30 days.Please reply,if you are interested. If you need Hitleap minutes for Youtube, i have a ytmonster account with around 100K credits and ytmonster works better for youtube. |
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I`m pretty sure that Poloniex customer support has the power to block all the trades coming from
your compromised account.Did you contact customer suppport or you think that Poloniex has something to do with this?
Some altcoins with low trading volume can be easliy manipulated and this is a very nasty scam.
If you think that there are thousands of hacked accounts used for price manipulation do you have any evidence to proove your claims?
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wondering which is the best site to raise funds to start a new business startup and actually get investments for your project, I'm planning on starting a bitcoin escrow transaction website where all the escrow members from bitcointalk will register to do the trades.
Do you mean Kickstarter and Indiegogo,or you mean cryptocurrency crowdfunding? I don`t trust cryptocurrency crowdfunding platfroms,but a crowdsale might go the work. How will you convince all the escrow members from bitcointalk to participate in your project? I trusted escrow member doesn`t need a third party escrow service to do his trades. Will you charge them fees,or your service will be 100% free? |
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what % of entire market of btc is black market compared to % of fiat market vs black
sounds if confusing but trying to do graphical analysis of different variables and their effect on market prices
There`s no way to gather such information. Nobody can measure the dark cryptocurrency market. I don`t think that anyone could define a dark market.Even the bitcointalk marketplace could be a dark market,because it`s illegal to resell coupons,gift cards and accounts,but the people sell them for cryptos every day. I guess that the black market is around 10% of the entire market. It doesn`t matter if it`s crypto or fiat. |
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Why are you so sure that the fork is going to happen on 1 August? Do you have any evidence?Some people were talking about activating Segwit and scaling during September or even October. By the way,i don`t believe that there are "guys and girls who use bitcoin,but don`t hand around" here. Every single bitcoin user knows about this forum and participates in the forum community. Good luck with your project OP. |
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