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81  Economy / Economics / Re: When will smartphones used for bitcoin mining? on: August 11, 2018, 01:05:43 PM
I don't think that will happen because it will make your smartphone damaged, if you can produce it will be damaged someday and you will get a lot of losses and the results you get from mining on your smartphone will not be able to recover.

You are wrong, it was possible today, there are some applications that can mine cryptocurrency in your phone so all you need is a wallet address like ledger to keep your coins.
82  Economy / Economics / Re: Cryptocurrency is a trending topic all over the world? on: August 01, 2018, 09:23:13 AM
Not necessarily all over the world as there are some countries in which bitcoin and all other cryptocurrencies are considered illegal. With that in mind, there'd be no chance for it to be heard by the community.
We are talking about trending topics here, and yes indeed it is already a trending topic in all over the world. Disregard that word illegal because even though some country considering it as an illegal still it is trending and very popular. Good and bad news are keep spreading in social media.
Now we are also talking about the crypto world and especially the Bitcoin which is acting differently as it sometimes available in low price and sometimes in high price which is actually the reaction of a major market factor which is its demand rate.

We need to understand all these things which are going on in the market and do not fall in complicated discussions because you may make wrong decisions, simply follow the basics and find out where your benefit is.
Some people get afraid of this fluctuation from bitcoin. No, this is nothing to get worried about. Some people are aware of reality and chances that are open from bitcoin side to everyone. Hundreds and thousands of people are continuously getting benefit from this thing. So, don’t just lose your heart and never think of a failure from bitcoin. You must put effort only.

They are afraid because they are not well knowledgeable about how the market works, volatility of the market is very necessary in order for the traders to earn profit daily.
83  Economy / Economics / Re: Success of an investment may not be true to all? on: August 01, 2018, 09:21:50 AM
Absolutely right, I have invested on some ICOs already which have good ratings and great white paper, but I end up having loss because some team became inactive after the ICO ends and some of these ICOs are scam. So success of an investment is not true at all.

Not every ico's is a scam and there are still a lot of good platform that is being released every month, you are just very unlucky to choose a scam ico in the market.
84  Economy / Economics / Re: why the state does not print a lot of money? on: August 01, 2018, 09:10:53 AM
The answer is simple if too many paper money will be distributed then the supply will be too much and may resulted into imbalance economy so if the supply is more than demand it means the value will decrease the economy will likely to collapse if too much money will be circulated.

Yes i agree on that, the economy needs balance and if they will print a lot of money then the value of their fiat will decrease due to the huge amount of volume.
85  Economy / Economics / Re: Will Economy Grow Forever? on: August 01, 2018, 09:09:36 AM
Studying at the institute, I realized that the economy can not grow forever. There is a limit beyond which she never leaves. Most interestingly, reaching the limit of economic growth in most cases, the country crashes.

Obviously will not grow forever because the government is changing its leaders and the growth is always depending on the leader which is the president so we cannot always guarantee for the economy to grow forever.
86  Economy / Economics / Re: bitcoin in developing countries on: August 01, 2018, 09:08:33 AM
I think bitcoin will not distrupt economies because that transition from fiat money to crypto will not be so fast and also while this transition will be happening, there will be transition among institutions as well.

Yes i believe on that as well because people who are trading on cryptocurrency market can actually earn more income monthly so the economy will improve even more if their currency will transition into crypto.
87  Economy / Economics / Re: bitcoin and altcoin on: July 31, 2018, 05:38:02 PM
Crypto currencies are the best platform for best investment. Investing in bitcoin will certainly bring a good profits and certainly altcoin as well. Split your investment into few parts and choose the best coins after analyzing from coinmarketcap.com. Investing in multiple coins will certainly bring good turn over rather than sticking with one coin. This is a wise moment as well. The crypto currencies are expected to grow this year very well as like 2017 though the first half was very calm.

I dont think that cryptocurrency is the best investment platform because the market is volatile and you cannot always earn profits but investing in cryptocurrency is better rather than placing your money on the banks.
88  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: July 31, 2018, 05:35:59 PM
I think buying now is also good but cannot be considered a" best time" as the price is still above $8k.
Again, it depends if you are buying for short or long term hold.


Yes it was the right time to invest today because the market prices are still down to $10k dollars so you will be earning more profit when it goes back to $20k just like what happened last december before the year ends.
89  Economy / Economics / Re: Why spend time in bitcoins? on: July 31, 2018, 05:35:07 PM
yes I agree with you, with bitcoin we can live the family without having to get out of the house, we can spend time with bitcoin and get a pretty good results, we live continue to train our skills in bitcoin. with the presence of bitoin many people who helped financial problems.

Working at home is a big advantage if you are into trading because you can have financial freedom while working on the corporate is very hard and it will just give you small salary.
90  Economy / Economics / Re: Why everyone only invest in the crypto market? on: July 31, 2018, 05:33:32 PM
For me, everyone invest in the crypto market because, this is the only investment that zero value of tax. Has a good profit during the grace period of trading coins. Can purchase using a digital payment with no extra charges.

Bitcoins is taxless and that is one of the best feature of cryptocurrency but the best part of the market is that, you can always earn profit by trading daily.
91  Economy / Economics / Re: Why we need price crashes and panic selloffs on: July 31, 2018, 05:31:32 PM
The volatility nature of cryptocurrency makes it difficult for the cryptocurrency prices not to take a swing at intervals.
This is what some investors should have at the back of their minds.
If they have full understanding of this, I don't think anyone would want to panic sell at loss.

I do agree on that, the volatility of the market is the reason why cryptocurrency prices is swinging in the market and most of the investors should know be studying the situation in the market before investing a huge amount in order to determine if they will be gaining profit or not from the coin they are interested to invest.
92  Economy / Speculation / Re: Do you think the price of BTC will drop to 4000 dollars? on: July 29, 2018, 06:54:22 PM
Currently BTC prices have been hovering at 6000, and if the BTC prices fell to $5000, $4000 should be not far off, the market is confirmed in the bear market, want to rise to $20000, you may need a couple of years. Cheesy Cheesy Cheesy
I really think it will rise above $ 6000. If it drops below $ 6k, many will panic. And many are disappointed. But I see now the changes are starting to increase. Maybe at the end of the year will soar.

There are too many investors of bitcoins this year so there is no possible way for the price to go down below $6k dollars and investing right now will be your best chance to earn more profit since the market will still go back to normal after a few months.
93  Economy / Speculation / Re: Remember, Bitcoin is the best Cryptocurrency to Hodl. on: July 29, 2018, 06:49:24 PM
At a time when the price of cryptocurrencies fluctuate sharply at any sign of not too good news, do not press the panic red button on your Bitcoin.
Remember the Pizza guy!
In Bitcoin I trust, come Bull or Bear.

My always choice is to bear the market prices that is dropping down because selling your coins at the lowest price will just make you lose a huge amount of your investments.
94  Economy / Speculation / Re: Those who sold bitcoin are in for a big loss on: July 29, 2018, 06:47:27 PM
In a few days, we will be reaching $15000 again. Those who sold dont know the game.

People who just invest due to the market's hype are obviously newbies and most of them are panic sellers which is not good for the market's growth because it make the price dump when they sell their coins lower that its normal price.
95  Economy / Speculation / Re: Selling bitcoin is a stupid decision ? on: July 29, 2018, 08:13:40 AM
Selling is not a stupid decision when a sell is already profitable, and that being a stupid decision is to sell in a panic moment. To earn a profit can be by selling at the moment there is a chance the price is more than the purchase price.

In my own opinion, it will be only a stupid decision depending on the market situation because you should always sell your coins when the market price is pumping and never let your emotions drag you down.
96  Economy / Speculation / Re: Do you think bitcoin has hit its peak? on: July 29, 2018, 08:08:52 AM
Hey all, I was just wondering your opinions on whether bitcoin has hit its peak already at around $20,000 or if you think it will break even higher in the future? I know there’s been bitcoin retraces of up to 80% before before it has risen a load again but I’m not sure that bitcoin hasn’t got the functionality that the price suggests.

Prices in the market does not have any peak, the value of bitcoins and other cryptocurrency is based on supply and demand so it can grow depending on the investors.
97  Economy / Speculation / Re: Is It Serious, I Started To Worry...... on: July 29, 2018, 08:05:21 AM
Now I feel worried about the future of bitcoin and crypto in general because every time there was a price correction I saw most people are not worried about the price and they all had the same opinion about it, they all said to wait and hold your coins or buy new more, but now I see that there are different opinions about it, that makes me really afraid of what happens now.

is it serious guys that it is over or what?

Worrying about the market price is just normal because this is one of the reason why most of the people are selling their coins at the lowest price which makes the value of bitcoins in the market to dump and whales are taking advantage of it.
98  Economy / Speculation / Re: Do you still believe in btc price predictions? on: July 29, 2018, 08:01:55 AM
Many predict their own bitcoin price. Others say the price of btc at the end of 2018 is $ 50,000. And others say that it will cost $ 100,000- $ 1,000,000 over the next few years.

But at this moment your prediction price of btc is still the same  or your predictions have changed?

Absolutely yes, there are a lot of people in the corporate world who are working hard in order to earn more money and cryptocurrency is the easiest way to have more income due to volatility.
99  Economy / Speculation / Re: Will you sell all your coins in Bull market? on: July 29, 2018, 08:01:07 AM
Many people are waiting for the market recovery to sell their coins but I bet you,as soon as market recovers ,they will feel reluctant to sell.

Obviously not, the market prices is based on supply and demand so obviously, you will just earn a huge amount of profit depending on the market situation, it only means that those daily traders will be only getting advantage.
100  Economy / Speculation / Re: bitcoin will end? anynother coin to be next by bitcoin? on: July 26, 2018, 04:58:11 PM
Btc price market continues to drop. Hence more people are speculating about the end of the bitcoin. The possibility has a chance to end the system because just recently more people are selling their btc which resulted to market price dropping. Now os it really the end of bitcoin? Is there any other coin that will be probably next to bitcoin? I hope bitcoin will not end so as to continue the good things bitcoin has brought to the investors though i was not able to invest in bitcoin but i am planning in the near future. How about you what is stand against the speculation and the other coin that will be next to bitcoin?

Bitcoins will never end because there are a lot of people who are keep on investing bitcoins even though the market prices are dropping so you can always expect for the price to pump up again, ethereum coins does have a very high chance to replace bitcoins in the future because of its potential in the market.
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