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861  Economy / Economics / Re: What profit has brought you to bitcoin? on: November 01, 2018, 07:33:31 AM
In the present time, everyone has a headache and pressure before finding a stable job in the long run. Because of that, BTC is the trend to develop the market today. It gives us a lot of job opportunities and challenges to make a profit for ourselves. Many big investors in the world have realized this and invested in it. BTC is always the most valuable currency of all time.
at least if we work in bitcoin, of course we will get the capital to establish a personal business. indirectly this opens up employment opportunities. and indeed i happen to aspire to become an entrepreneur
862  Economy / Economics / Re: What exactly needed from Crypto Currencies to Drive Positive Economics! on: November 01, 2018, 07:28:43 AM
Its been a while since crypto currencies are now existed but all we know that there has been completely misuse or what can we say, misleading approach towards the crypto.

Chronologically,

1) Bitcoin started at the first and made its way from testing phase to reality with the help of blockchain. The coded coin got little attention at the first.
2) Bitcoin wasn't even recognised in the news properly. It was just fun for the tech lovers and new technology enthusiast.
3) People who were engaged in it ( believe tiny fraction of population whose engaged today) has some interest because they believed in it.

One of the stories that I found from the 2009 article stated that, 
Quote
Analysis of energy usage indicates that the market value of Bitcoins is already above the value of the energy needed to generate them, indicating healthy demand. The community is hopeful the currency will remain outside the reach of any government."
where people used to think its profitable currency to mine. And that was but obvious back then. Energy was not much needed as all you had to do was to engage your desktop with the network.

4) However, this went well only for the next two to three years until the 2012 by the time more people got engaged and thought about it as more or less trading asset, store value, something that can give money for the HODL process and much.

5) Seeds of such thoughts got sown by many and thus it was the very first time when crypto took completely alternate future for themselves.

6) With ETH platform up rise and generation of smart contract tech more and more coins started to exist and thus it became very usual thing to invest in them and drive all of the national money into blockchain.

7) This is the first time when Government, Financial Institutes, Stock-Forex Exchanges and Central Banks got trapped into circles of blockchain and crypto created such ways.

Cool None of them even interfered with the blockchain until they started to burn their own businesses due to crypto investments which was made by the people. The public ledger was now subject of interest for such institutes around the globe.

9) Not so far until 2016-2017 huge scams started to happen around the crypto sphere and thus most of them started to see worst side of the crypto use. Money laundering, drugs supply, black market emerged with great power and thus shook the real world market.

10) Now this is something which created devil thoughts in Governments Agenda where they are responsible for banning or abolishing the crypto.

11) Crypto currencies are now no longer entertained with the same energy as they used to be back ago.


Thus, it led bitcoin and others to kill the market and drive economics to worst situation rather than taking to positive one.

Conclusion :

- There needs an anticorruption out throw so that crypto currencies can only be used for the products and services that are legal one. This will help circulate the real world money within the nation under taxed portals and thus will keep healthy circulation all the time.
- It wont digest the taxes, it wont stop the national development.
- Government will help crypto currencies to go public for the sake of using new technology and more open sourced information.
- To recover the money entered into the crypto sphere, there needs a system which can bridge the gap between crypto and real world banking itself which is approved by the government themselves.


Many people rushed to go inside the crypto space because they see a lot of gains from it and they been hype to enter here, so that it basically to drive a positive economics to people.
right, especially the bitcoiner's economy personally. but if in a country there are a lot of bitcoiner in it, then indirectly the country's economy will also be better. especially if later the price of cryptocurrency soars
863  Economy / Economics / Re: First licensed crypto-BANK! on: November 01, 2018, 07:24:32 AM
Let's give this crypto banking a chance considering this bank creates a regulated institution that bridges fiat money and cryptocurrency together with ease. This institution might bring comfort to introduce cryptocurrency to everyone. However, we need to take note the specifics such as transaction fees and insurance.
of course, with the regulating institution, it will add fees to support it. but for me this is not a significant problem, as long as the development of cryptocurrency is clear
864  Bitcoin / Bitcoin Discussion / Re: The Good News And The Chart on: October 31, 2018, 03:34:01 PM
It seems like people lost their faith in Bitcoin and each one is waiting for others to take the first step.
News like "X company will adopt Bitcoin", "Y: Bitcoin price will hit 1M$ by... " are not good news anymore and apparently they do not motivate investors.
We need something more concrete.
that right. indeed it takes the first person to start, so there will be many investors who follow it. thus a concrete step will be seen. and what needs to be remembered is that it requires a process, don't expect it to happen in an instant
865  Economy / Economics / Re: Is technical analysis negatively affecting cryptocurrencies? on: October 30, 2018, 12:11:06 PM
I think it has a positive effect on the contrary, because each time it creates the opposite dynamics to what was predicted by analysts

As far as I am concerned, Technical analysis is just a part of the market, and there is nothing anyone can do about it. It certainly does not affect anything positively or negatively, they just seem like some trends or something, even though it is something that a lot of people have collectively placed there themselves, but in the real sense, it is just some normal thing to just trade the market.

Well, if we say TA sucks, maybe we should try not even using TA at all and see how that would turn out. The problem with the market entirely is that is more speculative in nature, but that has so many difference from TA on its own.

Right. Ta's affect directly the person who uses it or those that rely on tips by people who use it. And the effects vary since not all who know ta can have all positive outcomes. There will be failed trades based on ta and successful ones but no general effect on the market itself.
but in my opinion technical analysis helps us to analyze, because none of analytical methods are 100% correct. therefore, aside from technical analysis, it should look at development of news that will occur
866  Economy / Economics / Re: If you had 10000$ on: October 30, 2018, 12:06:57 PM
If I have that kind of money, I would say Bitcoin and Ethereum is your best bet when it comes to long term investment. But since that is a huge amount, I would invest it into stocks for a safer return and invest a portion in Bitcoin and Ethereum.
actually i want some of the capital to be invested in some other potential coins. but by seeing a market that is less clear, in my opinion bitcoin is safest investment than other coins
867  Economy / Economics / Re: Where should we focus this year? on: October 30, 2018, 12:03:33 PM
Beside other activities we should focus on crypto and it is very good for us to give time to the crypto for a good future it is noticing that people showing interest to crypto in the present time and it is very profitable for now that we must have to hold when the market is red and if we focus on growing coins we can make a good investment now.

I am going to focus on the most promising and great altcoins like TRON, Stellar, and Cardano. I am sure they will grow very fast in 10-12 months. It is better to buy these tokens now.

Instead of focusing on other things it is good to focus on the most prominent coins which have huge credibility in the market. Yes, we have to find the potential projects always which there will be a huge demand in the future. Don't think about the present situation of the market you will be loosing most value.
My first and last choice is bitcoin, I do not have any other option or priority. My total focus is on bitcoin. Although I have already invested a good money in bitcoin but still I am interested to invest more and more, because I am sure that bitcoin is going to give me a good profit.
your choice is correct. especially for beginners in the world of cryptocurrency, then bitcoin is the best choice, because it is safest coin to invest. and btc is a parameter for all existing coins
868  Economy / Economics / Re: Economic crash in 2019! RE.1 on: October 29, 2018, 01:31:03 PM
We must know that the economy can be considered to be manipulative, but it is precisely because the financial crisis is unpredictable. When it comes, it is like a demon that swallows hundreds of billions of dollars.

Financial crisis is unpredictable but you know also that it is avoidable. Through the correct management of the government in their economy. It would be difficult if the economy is in crisis, so avoiding the crisis is the best way not to experience another kind of it.

If it was so simple then we would never have another financial crisis again. The best economists the world over have analyzed every past crisis in the hope of finding the solution to never having one again but each and every time they have failed. There is no perfect solution. It is just like anything in life that there has to be a cycle of boom and bust in order to ensure equilibrium. Look at the planet, every however many millions of years there has to be an ice age to erase all of the damage that has been done. Or how plants grow in the warmer months then die in the colder months only to regrow stronger and more spread.
i like your analogy. that means every incident will certainly rise again in the morning sun, and even brighter than yesterday. therefore we do not need to face a dark night. the fear spread by them will only make us panic
869  Economy / Economics / Re: Why spend time in bitcoins? on: October 29, 2018, 01:26:52 PM
Because BTC brings hope and strength to people!
With its advantages as a trading medium, Bitcoin has the intrinsic value of money and achieved initial success. Bitcoin and blockchain technology are also considered to be profound changes in the fourth industrial revolution.
For me its better to spend time in Bitcoin because it will give you good profit or earnings especially when the price of Bitcoin is rising. Also spending time in Bitcoin is really worth it because it can help you financially, that's why many people are wanting it because they know it give them a opportunity to get a lot profit. Bitcoin is one of the best crypto it is the reason why its good to spend your time to it.
sometimes i think, that i don't feel burdened when i spend a long time in bitcoin, i just don't feel i spend a lot of time on it. indeed besides continuing to study here, we can get a lot of money, maybe that is the main stimulus
870  Economy / Economics / Re: Data is the new oil energy source on: October 29, 2018, 01:22:55 PM
More and more people are realizing how powerful data is and need to be protected. Data is the new oil, and companies like FB and amazon are the new petrodollar oil champions in the world. Fortunately, blockchain provides a reliable way to break these islands of data and create a world in which data can be liberated by sharing data while still maintaining the same ledger or its original ownership, allowing creators to be rewarded.

Thats why data is important to us and i think the more time that expose in the community the big the chance of spreading in the world. But i think we need more improvements in data is needed because some hackers can easily approach every accounts that we have and put some security is one of our safety.
i think we can take steps to provide additional security to keep data safe. besides that, we also have to be careful, because there are many loopholes for hackers to retrieve our data
871  Bitcoin / Bitcoin Discussion / Re: Are we still "Early Adopters"? on: October 28, 2018, 03:29:59 PM
I'm glad to know your opinions about that...

Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
Imagination will be correct or wrong you could not understand from now. 2009 was starting time when bitcoin popular and price growing super speed.
I didn't think it will comparable in 2009, this is past so this moment will not coming after 10 years if i imagine now.

i think if bitcoin can overcome obstacles to its development, it will be bigger in the next 10 years. of course that is what we hope for. but indeed within a period of 10 years, it has not been able to replace the fiat currency
872  Economy / Speculation / Re: People are Calm!! on: October 28, 2018, 03:25:03 PM
Crypto price is unpredictable. Bitcoin price is very low compare to last year.I don't know when the price will pump again.Hopefully 2019 will be crypto year and those glorious days will be back.
calm our souls to always think positively, so as not to sell our assets brutally. so besides not making things worse, we will still get a profit later, even though no one knows the exact time
873  Economy / Speculation / Re: At what price will a coin die? on: October 28, 2018, 03:21:04 PM
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?

I think exchange doesn't delist coin just because the price going down. They monitor the development of the project of the coins.
For example in binance, if the listed coin cannot deliver the development of their project, then binance will delist the coin.
i think supply also affects continuity of coin. Even though price is dump, but still has a supply that meets requirements, i think the coin will still be listed in binance
874  Economy / Economics / Re: Money Is Political, Not Technical on: October 27, 2018, 12:42:09 PM
What i think is that money isn't political at all. It is simply an effect or a result of power. In your argument, i understood that money is just a measure of political power, but in fact it is the opposite. Money is only thr result of power a country could amass over other countries. The more power you have, the stronger your currency is.
i think a country will determine policy, so that it can affect the strength of their currency. and it comes from political agreement. so i think political world greatly influences direction of their currency movements
875  Economy / Economics / Re: what is the future of virtual currency like bitcoin ? on: October 27, 2018, 12:37:56 PM
The technology behind these cryptocurrency coins is an excellent achievement though its potential hasn't been maximize. It has a lot to improve and develop. The future of financial transaction is here.
for economists who dare to speculate, of course choose cryptocurrency as a means of investment, because it has a bright future, where digital money will dominate in transactions
876  Economy / Economics / Re: Tell us about your experience on: October 27, 2018, 12:34:44 PM
Yes, when my financial bad   I know cryptocurrency and slowly learn about bitcoin. Slowly but sure my economy changed, and I'm not a hit and run or dumpster trader, I chose to hold back to get results more than following fud which was obviously clearly misleading until finally my financial back was chaotic because of my brother's actions that were tempted by my savings
I will continue to work in the world of cryptocurrency until I can no longer
when i have a desire to make a home, and before that is impossible, but after i work on cryptocurrency, i can make it happen, even though it hasn't been perfect. but we must be disciplined for that
877  Economy / Trading Discussion / Re: Treat trading as your job on: October 25, 2018, 03:35:00 AM
I want to do this in the future to consider trading as my source of income full time
But i know i have more to learn ,my plan is to undergo trainings needed.

I don't think trading can be learned instantly, it certainly takes a lot of time to get experience at every market moment. therefore starting to study now is the right choice for the future
878  Economy / Trading Discussion / Re: Trading Bitcoin at this moment is right? on: October 25, 2018, 03:30:24 AM
With alot of upcoming good news related Bitcoin and others crypto will make good impact with demand of crypto, so that mean in fundamental analysis tell us its now good times to buy Bitcoin, and from technical analysis Bitcoin also in the level support area.
besides that many expect a price spike to occur at the end of the year. so this will affect psychological trader to buy bitcoin. moreover there is a lot of positive news about BTC, this can increase trader confidence
879  Bitcoin / Bitcoin Discussion / Re: Bitcoin & Electricity: Threat or Blessings on: October 24, 2018, 04:23:59 PM
can both. become a threat because it requires a lot of electrical energy, can be imagined later when more and more bitcoiner. can be a blessing, because the state electricity company is selling well so that it gets big sales
880  Bitcoin / Bitcoin Discussion / Re: Is it still worth mining bitcoin in 2018 ? on: October 24, 2018, 04:20:02 PM
I think this is a purely personal decision of each person. In this situation, it is not possible for very few to extract, since the cost of equipment and the production itself are more complex and voluminous processes. Due to competition, this type of mining was not possible for all people.
as long as it's still profitable i think it's still appropriate to run. i myself have never mined, so i don't know about mining bitcoin. but every business certainly has ups and downs, like trading too
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