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81  Economy / Economics / Re: Banks admit they fear BTC on: August 08, 2018, 10:11:58 AM
Yes, because BTC is always a risk to break down the business of the banking sector, today the growth rate of the cryptographic market is increasing rapidly as rushing, which may occupy the entire financial market on world

I do agree on that, most of the people now a days prefer to invest on cryptocurrency more than placing their money on banks which makes their business loose its edge on the industry and that's why they are scared of crytpocurrency growth.
82  Economy / Economics / Re: Which Asian countries have the greatest influence on bitcoin? on: August 08, 2018, 10:09:01 AM
I think that in the first place it would be China because China is a super country with super power, and with influence above all other countries. And then the second place will take the Japan because they are leaders of the world technology progress.

China banned ico's in their own country and it dealt a huge problem in the market because the market price drop so hard but before the year ends, bitcoins still managed to reach $19k dollars so keep on investing or holding your coins today.
83  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: August 08, 2018, 10:05:53 AM
Crypocurrencies are banned because they are an independent store of value, which is not submitted to fiat money inflation.

In my own opinion, cryptocurrencies are banned because there are some governments who are corrupted since bitcoins and altcoins is one good investment which another way to make money on the internet.
84  Economy / Economics / Re: [ASK] How are you going to handle too much debt? on: August 08, 2018, 10:00:38 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?
As for me when i had debt and i did not pay it at the same time i would choose to say that i would make a  deal that leads to peace. I would create a peace talk. And i will it in stalment as to assure i will also make a power of attorney that detailed to arrest me if i cannot pay it in the day that i promised to complete. So their is a strong foundation to make may devt pay.

That depends on the person where you have debt, if he is a good person then he might just forgive you so the best thing to do is just pay as early as you can.
85  Economy / Economics / Re: How does bitcoin become a currency? on: August 08, 2018, 09:58:32 AM
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".


In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.

The value of money: it exists because of payment.

I do not think that bitcoi is now a currency, I consider it an asset that can be compared to gold or silver. I think, because of its weak payment capacity per minute, the price for processing the payment and much more. I would bet on bitcoin cash, which can become the first currency of bitcoin.

Bitcoins is an asset before but as soon as the market price of cryptocurrency rise up then now it was considered as currency which some online stores are accepting crypto as a payment method.
86  Economy / Economics / Re: With Hackers everywhere, How safe is Cryptocurrency? on: August 08, 2018, 09:54:16 AM
Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?






There are many hackers in this generation, to make sure that your bitcoin is safe from hackers use a bitcoin wallet that have a high or strong security so that you are sure that you bitcoin is not easily hack by someone. There are many digital wallet but choose the legit and have high security wallet. Don't let anyone know the password of your bitcoin wallet, keep it.

The best way for you to avoid being hacked is to pick a wallet that has a good reputation like myetherewallet or you can also use an exchanger to hold your coins.
87  Economy / Economics / Re: Bitcoin holders will have to pay their tax? on: August 08, 2018, 09:41:47 AM
What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

In my own opinion, bitcoin holder should not pay taxes because most of the investors are already paying a decent amount which is transaction fees and that will compensate as the tax.
88  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I continue to invest? on: August 05, 2018, 06:40:27 PM
now investing in ICO projects is very risky so you can invest altcoins like waves or ethereum, these coins will grow! they are solid projects and reliable team. new ICOs are scam generally.


Yes i agree on that, if you think that new altcoins today that is being released by different ico's are scam then you should just invest on a coin that has already a good reputation such as ethereum.
89  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is the King of ICO, Do you agree? on: August 05, 2018, 06:37:32 PM
Ethereum is currently the second-ranked cryptocurrency in this market. I think it is the best in the market. Although Bitcoin is the pioneer of the whole industry, its technology has been far surpassed by Ethereum. I believe It will have better development in the future.

Ethereum does have the potential to surpass the price of bitcoins someday because of its demand coming from different people just like bitcoins popularity today.
90  Alternate cryptocurrencies / Altcoin Discussion / Re: What are some stable altcoins ? on: August 05, 2018, 06:22:19 PM
There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?

In my own opinion, ethereum coin is the most stable coin in the market because the growth is just the same as bitcoins, it can pump so high  but it will never go down so much in the price.
91  Alternate cryptocurrencies / Altcoin Discussion / Re: Received First Bounty Rewards on: August 05, 2018, 06:19:43 PM
My first reward was papyrus  token. it was worthless. but I didnt give up and I got really good amount of rewards. But now it is impossible to get profit from bounties. there are so many bounty hunters.

You can work on bounty campaigns while doing services as well like translations so you can be earning more rewards so i think that bounty campaigns are still profitable depending on how hard you work.
92  Alternate cryptocurrencies / Altcoin Discussion / Re: 2020 is best year for cryptoholders on: August 05, 2018, 06:14:00 PM
I have invested in eventchain and power ledger. And hoping to invest in centra and wtc coins.. But i sell those in 2020.., 

2020 good year for crypto holders? Most saying 2020 is the milestone for digital currencies


Tell the masters your comments


I am still not sure about your comments, because in the previous year there was also someone who said that in 2018 is the year all coin prices will increase. however, this year is very different from what was said before

In my own opinion, the market is volatile so there is not accurate prediction, the price of bitcoins crashed when china ban all the ico in their own country but still bitcoins managed to reach $19k dollars before the year ends.
93  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about NEO on: August 05, 2018, 06:12:32 PM
Neo crypto is a coin that investors in the currency market love and care about. will be much appreciated in the future. I think this price is an important opportunity right now.

Neo is one of the that has a great potential in the market but i highly prefer to invest on ethereum rather than neo because the growth of eth in the market is much better and it is more popular.
94  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I give up now? on: August 05, 2018, 06:09:38 PM
It's better to earn real tokens, not fake ones as most of these ICO's are scams and they promise in any method to scam people. I joined so many Airdrops, bounties, but only 2 to 3 paid me and they were in less price. I wasted my time by promoting them on Social media sites.
I suggest you to discover much, but after all these also they don't pay anything for us.

I agree on you, there are a lot of scam ico's today and you really need to check the project before starting to join in their campaign because most of them are scammers even though they have a promising platform.
95  Alternate cryptocurrencies / Altcoin Discussion / Re: What coins do you like besides Ethereum? on: August 05, 2018, 05:58:05 PM
I will choose a coin after a while. The coin is too much now. Which coin do you like? Please tell me some reasons. I will thank you very much.

In my own opinion, credit coins is one of the best altcoin in the market beside ethereum because the platform does have a good developers with great marketing strategy and the price of their coins surpass its normal value in the market.
96  Economy / Speculation / Re: The price of Bitcoin in 2020 on: August 05, 2018, 05:38:28 PM
Pretty darn confident Bitcoin will be at least $100k in 2020.

In my own opinion, it was actually possible to reach $100k dollars if most of the people are going to invest a huge amount every end of the year because the price will just multiply and keep on increasing.
97  Economy / Speculation / Re: discuss the market? on: August 05, 2018, 05:37:28 PM
The type of market is the price rise. Currently Bitcoin's market is getting stronger. Bitcoin is coming back to its previous place. You can now understand the market conditions. I am thinking that Bitcoin will be worth $ 8000 this year. What do you think of the market?

Its not possible that bitcoins will be stacked at $8k dollars because there are more people right now who can actually invest on cryptocurrency because of legalization on their country.
98  Economy / Speculation / Re: Opportunity to Invest in Bitcoin !!! on: August 05, 2018, 05:35:13 PM
Prices are still falling low and it is still an opportunity to buy bitcoin. Bitcoin investment in the long term can be a good strategy, because in the long run bitcoin can definitely increase high.

Maybe it was a bit low today but its not a bad thing because people can still invest right now while the market prices are not so expensive.
99  Economy / Speculation / Re: Bitcoin price stabilizes? on: August 05, 2018, 05:34:06 PM
I get sad when I look at the price of bitcoin. despite the fact that the price has increased slightly, bitcoin is still very far from stable. And I'm not sure that bitcoin will reach 15-20 thousand dollars again.
At this point of time bitcoin price stabilization is seems elusive, but for the past  two weeks if seems that it is in the height, but lately it falls but later on it start to bounce back again, hopefully this month it will lift into another height.

Yeah a lot of us were disappointed of bitcoin price drops again, we expect of continues rise but it seems it will continue to fall now. I hope bitcoin will gonna be recover again soon.

When the prices are dropping then its time to invest because we need the volatility in order to earn profit so keep on holding your coins if you did not want to invest.
100  Economy / Speculation / Re: It's not too late to sell on: August 05, 2018, 05:32:01 PM
But its not too late to hold either. The price are starting to pump again and if it continue that way, we all experiencing what we have wanted on the first place. Although we want to sell the remaining coins of us, it still hurt seing those losses produced by it specially those who buy when the price is high. If we still have patience, use it.

Selling your coins today is just a waste of money because the market price will still go back to normal after a few months just like what happened last year when bitcoins reached $19k dollars before the year ends.
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