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81  Economy / Economics / Re: To be or not to be. What to invest in? on: August 30, 2018, 06:02:57 PM
I think our investment into the real estate and bitcoin is always advisable thing to do. One should apply a strategy in which one can invest money into the bitcoin and gain the profits and then later on buy the real estates with it. The real estate is important because it secures our funds and definitely grows it over the time. Real estate is like necessity of the world right now and the prices are touching the sky because the population is also growing vastly and thus the demand of the lands and properties. This way it makes sense that real estate is best after the bitcoin off course.
82  Economy / Economics / Re: Are fiat currencies necessary in the world? on: August 30, 2018, 04:04:17 PM
Fiat money has a constant recognized value. It is money that is liquid assets. Thanks to fiat money, a measure of the value of almost all goods and services is determined. To date, fiat money remains the most recognized and understandable for most financial instruments. Therefore, for the time being, they are necessary for the modern world, despite the increasing distribution of crypto-currencies.

This is something unique and indeed true fact. I guess there is no currency that is as liquid as fiat is. Its centralisation is keeping it at constant value and thus we can surely put a price tag over the goods and services with constant value. This is the most important thing one can have as you dont have to have hassle in daily life as to check up the value of service and then decide how much coins you have to spend. While crypto currencies are far different than that and everyone knows they are too volatile to be used steadily. So yes, fiat is important.
83  Bitcoin / Bitcoin Discussion / Re: Bitcoin is now consuming 1% of the world's electricity. Is that sustainable? on: August 29, 2018, 09:14:33 PM
If it's real figure that is pretty bonkers indeed, but if a large proportion of the world's money and information wound up stored on the Bitcoin chain then it starts to look like a pretty good deal.

At present it's nowhere near that and that amount of profligacy is not good however you want to look at it. But it's possible it'll drive renewable developments and fill existing renewable surpluses such as the hydro plants in China that have a massive excess of unused power that miners have been using.

Considering how quickly the hash rate is rising I wonder how much more headroom is left before it becomes truly obnoxious.

Indeed, it may not be the perfect value that is being shown here as we dont know how many miners are actually working on this and how many of them are shutter down themselves long back ago. Even if it is 2% or 5% then also I believe it is safest window for the energy consumption because for any multi national company that would be the same case. Now we cant go out there and close all of them or put them on the renewable source of energy. So why not consider the bitcoin as the same MNC corporation which is unlike others that exists here around. Im pretty sure that you will have some correlation between the two now and it doesnt matter yet and yes developments in the renewable would be the last option to continue things around.
84  Economy / Trading Discussion / Re: Btc buying safezone? on: August 28, 2018, 01:52:15 PM
I think we had many buy safe zones and continue to have more and more these days. I mean just look around you, this is not the first time bitcoin is up rising from the dead. It has resurrected many times and not just from the 6k or something but the lowest of 5.5 k use too. And it did reach the prices of 8.5K USD in between and thus showed us the support wall at that rate. However, the drama still continues and only time will tell where all this will end.
85  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Currencies - Solution for dying Economies on: August 28, 2018, 10:44:26 AM
Countries of third world are being controlled by powerful economies. They are always at the risk of Financial recession. Many Countries have valuable natural reserves or potential to do progress.

country which has oil, gold minerals and tourist places but do not have enough funds to invest on these project. So to bring some investments a coin may be introduced for development in these fields and sharing profits with all coin holders. just like current system of issuing bonds by governments.



That could be good idea but I see that it is coming under the government control only. The oil, gold, and stuff like that is all about the government controlled assets which means if they ever create the coins then that will be all controlled. Just like the ripple which sniffing the money from our pocket the government will do the same thing for sure. The potential is huge, but you know very well how the government and stuff works like, they may start to insure huge taxes and set up different system here. Everything is mystery.
86  Economy / Economics / Re: What happens if a stable coin is in high demand? on: August 28, 2018, 09:23:14 AM
I think you are misinformed about the stable coins because they will always out number themselves as compared to the other coins and they know it very well because they already know people will tend to buy it more and more as soon as the south direction of the market has started to rise up. I guess this is why they are unlimited in the number. Mostly the coins which are stable coin are made un such way that they will always fulfil the demand by having more supply emitted constantly over the time. So better check that twice, they produce more supply thats why they can keep the price stable even in the demand situation.
87  Economy / Economics / Re: how to save money? on: August 27, 2018, 04:39:43 PM
Yeah, that is a good strategy but I just follow the simple and straight forward one. Always keep in mind that x% of your all earnings is going into the savings accounts no matter what happens every other month. That is and the only strategy you guys should house into your mind!! This money is always going to be there for you if there any emergency so you dont need to be worried about anything at all. You just keep control of all the things and the money can just flood into your account just like that. Believe me after a year or so you get yourself surprised that you have saved so much money.
88  Economy / Trading Discussion / Re: HODL is not advisable! on: August 23, 2018, 11:45:14 PM
People should only hodl until it is profitable to sell. It's that simple. When I first started buying coins, I was told to keep hodling through the pumps and dumps. That was stupid advice because I could've made a lot of money by selling during the pumps. I won't be making that mistake again.

Now that is perfect answer to the HODL strategy here. Off courser you get the profits when you hold because our intention is to hold the crypto currencies until the time they get spiked and thus we will only sell during those period and making no loss at all.

I think it is but obvious but dont really know why OP is confused about the HODL strategy and saying that its not advisable. IMO saw someone with that attitude for the first time who went against the HODL strategy.  Wink
89  Economy / Economics / Re: Stop worrying about how much energy bitcoin uses on: August 23, 2018, 03:19:21 PM
Quote
However she is incorrect in thinking this translates to bitcoin mining utilizing coal.

Yeah that is the incorrect statement she has made and what they are thinking about this ? Do they think that whatever is generated from the electricity hubs is mostly distributed into the town planning and I dont think that there is anything as if there are mining farms at the very corner of colony, counties, streets and much more. Lolz. The energy is not free and miners do pay the electricity bills, isnt it? That completely states the law to me, nothing is free, everything is conserved from one form of energy to another, tell them the basics of physics.
90  Economy / Economics / Re: what your opinion about this? on: August 23, 2018, 02:40:57 PM


yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

People are just talking about the SEC overtime and they think that it is really affecting the prices as we see in the market. I think thats completely wrong, neither people are getting affected because fo the SEC and nor the prices are getting manipulated with those shitty news. Remember that its more or less TA news and no one is getting affected with it. I guess SEC is just having issues calling it off for themselves and might be thinking that things may worsen if they publish something like this. Total Garbage.
91  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🔥🔥🔥🔥 [Weekly AIRDROP] [BOUNTY] TOWERBEE + TOWERX Crypto Exchange 🔥🔥🔥🔥 on: August 23, 2018, 02:35:07 PM
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92  Economy / Economics / Re: Reason why other ban cryptocurrencies on: August 22, 2018, 05:06:53 PM
Ah! Thats not upto the mark mate because nothing like that happens. I dont think that crypto currencies are banned because the national currency is not used on large scale when we are using the crypto currency. The national currency is always used because it is the only medium via which we can buy there real things and crypto itself. When you go and sell the crypto then you convert them to the fiat and thus the money comes back to the national circulation. However, there is one more point, these currencies are not getting affected because the crypto is minute to show its effect on them!
93  Other / Beginners & Help / Re: way of mining on mobile on: August 22, 2018, 02:30:16 PM
When will mobile phone can useable for minig. Is mining too much hard that mobile can not capable, which functions will make mobile capable for mining?and when ?

Its not doable .

Mobile is not capable of doing that because they have very low processor that can only have few hashes per seconds and thus it is not sufficient enough to process big algorithm that are sent by the pools and the rewards get decreased. Literally you will end up earning almost nothin and I believe that you will also end up having your phone damaged over the time.
94  Alternate cryptocurrencies / Altcoin Discussion / Re: What could be the next decentralized altcoin that might be a medium of exchange? on: August 18, 2018, 03:04:20 PM
But why do you think that we should be checking out the altcoins only and not the bitcoin?
You yourself agree with the fact that bitcoin is the next big gold 2.0 and it is the best of all!

Problem with the altcoin is that they dont have the capacity to sustain the long term journey and they also dont get much attention. When we have something in mind then we should always research the market and see what is the thing which people love the most? I guess bitcoin is the face of crypto currency and thats why if we want medium or exchanger system then it will be successful only via the bitcoin!
95  Economy / Trading Discussion / Re: 2 tips in trading for beginners on: August 18, 2018, 02:37:38 PM
Good write up and helpful for the beginners truly. Off course what you wrote is very much true fact and everyone knows it but no one follows it or forget over the time. I guess you are right with whatever you think about the trading. Knowing oneself might look indifferent approach to many people here but thats the crucial stage because we should know how we behave in different situation and how it can affect with whatever action we are taking ahead. For example if I am short temper and I cant tolerate the loss then I might take unwanted actions while trading and thus may worsen my situation even further. So its always better to have control over things and that can be done by seeing in yourself and trying the approach.
96  Economy / Trading Discussion / Re: Bitcoin at 4500$-5000$ August-September 2018 !!! on: August 18, 2018, 12:07:30 PM
Lol, BTC will never fall below $ 5k. If it's down to 5K $ then I will buy over 5 million BTC with my property. I am passionate about BTC so I will continue to buy all bitcoins that are sold cheaply  Wink

Yes, bitcoin does have strong support wall at the 5K USD rate and I guess it will always see its bottom at 6K USD no matter what happens or how hard it dumps in the market. People are ready to buy at 6K USD strongly and thats why when ever it reaches the bottom like this then there are more buy orders in the market as compared to the sell orders and thus filling up the market cap very quickly. Now you see, the market is already green after it reached from 8.000 to 6.000 recently because of the mentioned reason only. By the way I dont think that institutional investors are dropping out because they will be the first to buy at such low levels.  Wink
97  Economy / Economics / Re: Can my economy be fulfilled in the future with Bitcoin? on: August 18, 2018, 10:37:43 AM
I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.

am I wrong with this step?

If you are a smart investors then you dont ask such questions but invest heavily in such situation. The focus should be on creating lot of margin window by buying the crypto at lowest possible prices. To be frank this is the only way to make lot of profits with this market. If we know very well that this market is very much volatile and its always having bear trends like this followed by mainly bullish trends then there should not be any problems with buying the crypto at lowest price like this. Its actually great to have discount rate and thus we can easily grow our earnings with this.  Wink
98  Economy / Economics / Re: LIFE GOES ON. on: August 18, 2018, 08:20:56 AM
Looking at the present state of the market, it could be very disheartening. But one thing is certain is that blockchain technology has come to change our society. And Crytocurrency which runs on the blockchain will continue to wax stronger and stronger, stay above fear. Life surely goes on with or without the enemies of crypto.

So this is what a motivating quote or something similar? Cryptocurrency surely is here to stay no matter what happens with its prices or market cap. That is just the way it is and behaves according to the situation surrounding to the market and thus make it move in that ways. The ups and down in the market is very usual thing to see and those who are not scared of the situation like this will always win this market no matter whatsoever. When we enter the market one should always tell ourselves that we are putting ourself in risky zone, but after crossing the hard road we reach to an end with amazing profits and returns.  Wink
99  Economy / Trading Discussion / Re: Safest/most reliable BTC exchange? on: August 16, 2018, 08:08:17 PM
I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.

There are many exchangers right now which are best in the market for providing exactly right volume for you to sell your BTC. Its good that you are holding the BTC since 2014 and it is even interesting that you were holding it since 2014 and you did not sell them at ATH of 2017. I liked your attitude but I would say you should hold even further because we will soon see prices of bitcoin going above 20K USD for sure. If anyway you want to sell then I would say only Binance can help you for selling your huge pile of BTC bag.  Wink
100  Economy / Economics / Re: The new world currency in 2018? on: August 16, 2018, 05:56:12 PM
Seems to me piece of article with no value at all. Look what they are talking about. I never believed the idea of one world currency and it is not gonna happen for next 1000 years if the world still exist by that time.  Roll Eyes

Read the history book and see yourself what world had been through and is login through currently. There never has been one conclusion of two countries and they never had been on single page at all.

We talking about single currency? which can spare the very power of worlds greatest nation into ashes and it will not be able to rise again. Lol. They will never agree on this for sure.
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