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861  Economy / Economics / Re: Just a friendly reminder.... on: April 02, 2019, 02:16:10 AM
Do you guys hate inflation? because for me it's okay for as long you are not lazy and sitting your ass all day long.
Indeed, whether we hate it or not if we are not moving we can't earn more money that can beat inflation. Multiplying your money is the only way to beat it, and the government don't want that thing to happen as well for so many reasons. We are dealing with the inflation ever since and yet many people are still not learned from it they keep on saving money in the banks which makes them more poor because of inflation. Work with your investments now, it can be a great move to beat inflation.
right, a lot of investment can be chosen, I think the type of investment can be chosen according to the level of risk, for example we are currently matching investment in crypto, of course we must know the risks that must be faced, but if it is not suitable, then it can choose property investment that has more risk low
862  Economy / Economics / Re: South Africa, leading world in crypto adoption, a high-potential crypto market? on: April 02, 2019, 02:11:16 AM
I think the answer is no, although many countries in Africa are ready to accept crypto the infrastructure itself is not well prepared yet, the economic stability is really bad, so although there are many demand and the adoption rate is high in South Africa the transaction volume will be very little, to lead crypto adoption we need a strong and stable country
in parts of the African continent, South Africa is the leading country among the others. regarding infrastructure, the internet is indeed the main tool in cryptocurrency, so it will grow if it has good infrastructure
863  Economy / Economics / Re: Important conditions for the progress of bitcoin on: March 31, 2019, 01:28:41 PM
We always need a big community to increase the price of BTC. that is obvious but how to call true investors is important.
For the crypto market to grow, blockchain technology needs to be further improved to serve more in the future.
That will create a momentum for many investors to participate in the crypto market.
More people means more opinion. So, the price will increase, but I guess it will be difficult to be like in 2017. in 2017, many people invested money without knowing what it was, and today the situation is very different.
right, now people will think more realistically to see the development of bitcoin. therefore bitcoin can develop like 2017 if there is a lot of big news supporting it. but now I think bitcoin is at its turning point, because social media like whatsapp has facilitated its program with bitcoin, of course this is a good promotion
864  Economy / Economics / Re: What the true believers know but don't express well on: March 31, 2019, 01:24:55 PM
If you are a true believer, then it means that you are a passion of what you do. If you are passionate in Bitcoin, and really an enthusiast then there is no way for you to stop and give up. Good things require long term patience because nothing gives fast results. The thing I hate the most is that some of the people who join bitcoin want to consider it as an investment only. They wanted to earn money fast but they don't even know the basics.
Good things required a lot to bloom. Bitcoin is for long term investment. Remember, we have people that invested way back in 2009 and they are still holding their bitcoins. They set a price for themselves in which they will sell the coin. For example, bitcoin must be 200,000 usd for me to sell all my btcs. Although their target hasn't been reached yet, they are still holding their btc and they believe in the technology. That's what a true believer is.
and of course people like that don't panic when there is a dump like in 2018, where many people panic until now and finally frustrated. of course they invest using free money which will further ease the mental burden, so that it can easily hold for a long time in various different conditions
865  Economy / Economics / Re: Craig Wright is once again claiming he's Satoshi on: March 30, 2019, 02:51:04 AM
it's funny to see someone who admits as Mr. Satoshi, lol, it looks like they don't have shame in living this life, I think they have a plan to do false news, I won't believe them because the real Satoshi master won't open his mask, he is very anonymous.

Anyway, no one is buying that idea anymore. The real one is always silent and quiet with his life. Why bother the media coverage if you are the real Satoshi? So maybe, he's trying to get money out of it again!
right, if he wants to be famous, of course he has revealed himself from the beginning, but it seems he prefers silence and enjoys the work that he has pioneered. of course he leaves a few percent bitcoin for stability and guarantee of his life. enjoy not always with fame, maybe that's the original principle of satoshi
866  Economy / Economics / Re: If the government supports bitcoin instead of the existing currency. on: March 30, 2019, 02:47:12 AM
Bitcoin actually has great value compared to fiat. What Bitcoin need is worldwide support from people and not really government.
Getting government to support Bitcoin not very good idea.
We should be thinking of how to get most people and businesses to use Bitcoin.
but the government takes many other aspects into account, many of which calculate their effects on the country's economy if the legalization of bitcoin is a currency. but like the government in a country I will only legalize it on the exchange, not as a currency, with various alibis each
867  Economy / Economics / Re: Low BTC price is good for Bitcoins at the moment. on: March 29, 2019, 02:27:00 AM
for those who have dared to take the risk of investing in 2015, I thought at the moment even when they sell, they can get quite a large profit because of the huge change in value
Yeah those who invested long ago in 2015 are those lucky people who will get the chance of selling at high price today, bitcoin has good price now a day for those who are patient by nature and those who know investing now will be beneficial for our future, profit and earning depends on time of selling and value of the coin at the moment.
Bitcoin is currently $ 4k if investing right now is also good because this in my opinion is still low and the target for the future is reaching $ 10k it will be profitable too and takes a long time.

$4000 still low compare with peak price at $20k. I think it still good price if we decide for buying bitcoin. Bitcoin price still have a chance back to peak price and perhaps more higher. Many expert think bitcoin price could reach $40k end this year and hopely this prediction happen
indeed when compared to the peak price, the price is still far away. Hopefully the experts' predictions are correct, because at this time there are no signs for the pump to occur, besides that there hasn't been any big news that appears
868  Economy / Economics / Re: Do you use cryptocurrencies in your daily life? Are they useful? on: March 27, 2019, 02:26:19 AM
In my country there is no wide spread in the payment of cryptocurrency. For me, this is a way to accumulate and multiply capital. Investing in the future. The inability to spend crypto momentarily for me is a positive thing, since then the crypt accumulates. What does not happen with ordinary money.
same as in my country, where crypto is still banned for payment instruments, but for everyday life, I do use the results of cryptocurrency, but I convert to local currency first, so it does not violate state law
If you convert your crypto currency into fiat while using then you don’t know the real value of crypto currency, it is applicable to buy goods at my place and I personally feel good while purchasing with crypto currency as compare to fiat one, for this we will not have to travel so long distance just to buy a single goods we want to use.

unfortunately, in my country there was still little that facilitated the use of crypto for payments. maybe we, as bitcoiners, feel like immediately, many shops facilitate crypto payments, but this is collided with the legality made by the government. therefore, I hope that the first one is that the government will immediately legalize it
869  Economy / Economics / Re: What is the most problem facing in the market? on: March 27, 2019, 02:22:33 AM
some of us are bankrup and backout and doughful to invest our money in the market. because we experience to failled all our money from investing in this kinds of marketplace.
How can we solve it? and what is the good advice that you can help in this problem.

We should never enter something that we don't know, otherwise we'll be fucked up in the end. I think this is the problem of many people including my countrymen. We should take a time to observe such a market we want to enter with. Once we've noticed how it works, then we can make a decision when to enter.
A greedy people will never listen to this one because they just want to multiply their money easily. How can we enter into something that we really have no idea at all, that's too risky and too greedy. The problem is this market are those who are scammers, they ruin the trust of the public we can solve it by just regulating the new coins and stop them from making money because they are scammers.

Indeed, greedy people will never take advice from other people. They will realize their mistake when their portfolio drop the value. I think we should not put in our emotion in our trading because investing is about analysis and strategy
One thing in trading is not about emotions and if one wants to become a good trader he will have to keep the emotions away. Being greedy is not good for our money, as well as for our future, if you see price is down try to maintain your time limitations, sell only at high price,. Greedy people and panic sellers only causes problem for market.
right, we can learn techniques more quickly, but to regulate emotions, everyone has a different portion. when floating minus, maybe we can hold it, but when floating plus, sometimes we feel panic to immediately sell it, even though our analysis is correct beforehand. therefore it is necessary to discipline the strategies that have been made
870  Economy / Economics / Re: What will you do in 2030? on: March 26, 2019, 02:41:55 AM
we better think and act for the present time we are living. we have to do all our work and effort better so that our income is always good. so that in the future we need not fear if the world economy collapses or the crypto value is destroyed, because we have prepared business early and are not dependent on crypto or the government to earn income.
I agree. live what is currently, and build a business for future life. we will not know the fate of cryptocurrency, and our future. what I hoped for that year was that my crypto business was smooth and the real business was growing well, so I was already established
871  Economy / Economics / Re: Be Creative and Earn on: March 26, 2019, 02:37:38 AM
I don’t think that he will earn much on his paintings, since for many the cryptocurrency is still hard to master. But I hope that someone has already thanked the author for the beautiful drawings.
There is no need to master at anything in crypto but the most important is we know how to analyze the market trend. It obviously changing all the times and for us to adjust the market situation.

Though it's a long days that I've away from crypto space due to of my vacation but seeing the market today will still be great and started to regains the trust of investors after the unexpected huge fall.
but in cryptocurrency, many ico provide creative arts such as the youtube campaign. by joining the program we can get a lot of money. this is apart from the art of trading in cryptocurrency. of course if the project followed is a big success
872  Economy / Economics / Re: How much important bitcoin for entrepreneurs? on: March 25, 2019, 02:24:02 AM
Entrepreneurs who are indeed developing on altcoin projecks are certainly very large when a decline or increase in their business will have an effect starting from progress or loss, this is certain

if a business uses crypto, I think the business will follow market movements too. because the company is quite influential with price fluctuations. so I just thought that all it needed was a process so that the company could progress again, so the company that grew with crypto really needed crypto to grow
besides that, an entrepreneur must understand bitcoin, so that if something goes wrong, they are ready. this is very helpful for small businesses, because it will be more risky for them, especially with limited capital
873  Economy / Economics / Re: Does Pump is Coming on: March 25, 2019, 02:20:05 AM
Pump times are most certainly coming. Once their asics machines start churning out some hashes it will all be clear which way the market is moving. Green candles will be everywhere

Yeah that is true buddy miners will be back on operation this coming 2020 halving just be positive pump up is on our way, but right now we need more patient because bear market is not yet fully stop until now.
right, maybe the pump can't be seen this year, we can only see most of the prices of ranging, up and down in the same area. but hopefully my predictions are not entirely correct, so the pump can arrive early
874  Economy / Economics / Re: How to prevent fraud? on: March 24, 2019, 11:52:21 AM
To prevent fraud it's easy, don't trust anyone you don't know. With you it is not easy to trust anyone so you will not be easy to give a personal identity which is indeed must be kept confidential and always do more research when you want to start investing wherever it is. With high caution, you tend to protect yourself more from outsiders and you should not be easily fooled.
good advice, besides that we don't like to open obscure links, and don't respond to someone who might offer a very attractive promo, because it's likely that it's a fraud. I think by always concentrating when doing bitcoin work it is also very necessary, because without concentration we sometimes do stupid things
875  Economy / Economics / Re: The prevailing market condition a blessing? on: March 24, 2019, 11:48:24 AM
Prior to 2018 , the prices of most coins are very high and so not affordable .
Which I believe could have discouraged potential investors from investing into cryptosphere.
Now that the market is bearish which has seen the price of  most of these coins low and affordable and with this, it is expected that those who couldn't invest in 2017 are investing now.
So can we say that the bearish market drives adoption of Cryptocurrency?
Is it a blessing to cryptosphere?




Depends on what you mean by "not affordable". Even at the current price some will still believe they are not affordable.

 Which is better by the way, coins getting affordable but not increasing in value/price or coins becoming unaffordable but keep increasing in value/price?

Finally, there is no such thing as Bitcoin/cryptocurrency is not affordable. Correct word is 1 Bitcoin, 1ethereum or 1litcoin is not affordable.
I think it's relatively affordable or not. we can buy as much as we can, and don't have to buy it in full. we can buy it in pieces. the most important thing is that bitcoin has a multiple increase, so that we also multiply. I am not oriented to the high cost of bitcoin, but the quality of BTC is more important in my opinion
876  Economy / Economics / Re: Can bitcoin be worthless? on: March 23, 2019, 02:26:59 AM
Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?
As long as theres someone using bitcoin, it will mever become worthless. Similar to things like diamond and gold, as long as people think that it has great value, it will continue to have value.

Diamond and gold are different , both have a physical form where people can sculpt and use them as a jewelry .  they are precisous metals while bitcoin didnt have those feature  .  bitcoin only exist online and if ever there is a payment method or an online currency that is much better than bitcoin , there is a chance that bitcoin can be easily replaced and it can be worthless  .
but it's certainly not that easy to replace bitcoin, even though gold and diamonds already have confidence in the whole community, bitcoin offers a future gold to invest. considering the needs of the people who depend on the internet, of course btc will have a special place for everyone
877  Economy / Economics / Re: Do you remember how you feel about during 2008? on: March 23, 2019, 02:23:11 AM
At that time, I still did not know about bitcoin, even the development of the internet at that time was still minimal, and now if people already knew at that time they should have been able to enjoy their lives because of the benefits
If you were aware of bitcoin at 2018 you were so lucky because price was not very high and it was affordable, I was trying to buy in 2018 because price for me was really good, I bought some coin so now I am holding and I hope till the end of 2019 price of bitcoin will reach almost double of the money I bought it early 2018, so I was feeling excited to buy more and more.

therefore we can imagine if 2008 had known bitcoin, of course we could retire now. but this is not without challenges. because psychology for floating plus is also not easy. and until now we know that BTC has good potential for the future
878  Economy / Economics / Re: Do you need cash for everyday use? on: March 22, 2019, 02:19:23 AM
I always use cash in my daily life, because to be honest in my country the use of cash is still a tradition to buy and sell goods or services and still rarely do non-cash transactions.

It will never be a "tradition", we are already used to that.

Being used and that being a tradition is different. It will never be a tradition it is just that we are used paying with cash. There are no countries looking at paying in cash as a tradition. I think if you say that you rarely pay using non-cash methods then I guess you are from a province of a third world country. I am too and the existence of cryptocurrencies is not that famous to most of the people here.
I agree with you, the use of cash is not a tradition, because it is regulated by the state and must be obeyed by its citizens. so wherever it is used, someone else must accept it. you can imagine if all countries have legalized crypto, of course we can also use it freely
879  Economy / Economics / Re: Everything is an investment-change my mind on: March 22, 2019, 02:15:32 AM
~nip~
This is to be sure that we are 100% ready enough to face any challenge and risk before investing. Cause giving into the doubts will never give us a fruitful outcomes and most worst if losing our entire investment. We're not supposedly to let it happen and so we should have to think in the positive.  Being is positive mind-set will give us a light for the right path to follow and have a positive output by then.
Definitely we should be positive cause nothing will help us if we are in the negative side.
As we start into business, we should we look for its future success and not seeing how it collapse cause it is just making us not work it out. Though negativity is a part of our concerns so we can't prevent it before it happen but we not just letting it to control our mind.
I think the main thing is we have to think logically. every investment does have risks, and we must be aware of that. my excessive self-confidence is also not a solution, because it can backfire for us. so it actually loses
880  Economy / Economics / Re: would you give your fingerprint or eye scan for a fair money supply? on: March 20, 2019, 02:14:38 AM
fingerprint or eye scan  a very good thought, thus, theft is minimized.. but how will the exchanges send this coin? will they use eye scan or fingerprint for each process? I think big stock markets can't deal with it.. but a great idea for personal use.
right. the more specific that can be developed so that security is maintained. the presence of fingerprints or eyes certainly makes hackers more difficult to penetrate, so it is expected that the user's wallet security remains safe
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