Only a controlled economy can be spared from inflation (though this is also debatable). In an open market like we are enjoying right now, inflation is a matter of fact and is part of the reality of life. Nobody is immune from the power of inflation.
Inflation happens when when the price of goods/services rise up and the money you are holding has less purchasing power like it has before. When inflation rate is going up what is happening is that our money's purchasing is going down. For example, if one bar of soap can cost $1 and the inflation is 5% then there is a possibility that soon the cost of that soap can be $1.05 or maybe what the soap manufacturer would do is reduce the quantity and quality side so that the price remains but the same product is not there anymore.
Now, talking about inflation, I am wondering if Bitcoin can be an anti-inflation agent or will it even induce inflation to a higher level?
There have been many discussions -- continuing discussions in fact -- on this subject and still there is no definite answer maybe because Bitcoin is still relatively new and theories/speculations are still waiting for validation.
First you say Nobody is immune from the power of inflation, and I consider it right. In my opinion Cryopto will push inflation to the highest level because there is no one party control on supply and demand, we know the cause of inflation and in this case all users who hold crypto can make inflation happen, which is where users is come from all over the world. |
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Japan’s primary financial regulator has formally granted the cryptocurrency industry with a self-regulatory status by allowing an industry body to police domestic exchanges. With the acquisition of the accreditation, they'll continue to make further efforts to create an industry that people can trust from everyone who uses virtual currency with members exchanges. Do you think we'll see this happening in other countries anytime soon?
I was a little hesitant and was surprised they entrusted self-regulation considering that many ordinary people saw bitcoin as a criminal tool, although, I'm quite happy there are countries that strongly believe in cryptocurrency. Other countries that follow to approve self-regulation I don't think there is and in my opinion India is the closest to cryptocurrency other than Japan, while news says that India is very strict in terms of regulating crypto. |
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1. I invest in several ICOs, this is the most investment in ICO only in 2017 and now only one ico where I put my investment. I put a little of my investment because the growth of the ICO in the current year has declined somewhat.
2. forum because the community is more updated in the forum
3. I am not so sure of your choice to determine which ICO is at least profitable but personally I chose "Market that ICO will act"
4. Nope (WP)
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I once read for security wallet, this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet. If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses: Perform regular backups regularly Save the backup on another device like in flash or another computer. Use the encryption feature With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer. Do not forget the password Losing a password equals losing your money! Wallet does not provide a password forgot feature. Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-walletDo you guys have a better idea to avoid theft in the wallet? Your Knowledge and Ideas will be more helpful if shared. For security and doing what you write is enough to make your wallet safe, some of my friends in the cyber security field also say it is encryption, backup (in other device) and pass. I think that it is very safe and that security makes your wallet safe from hacking, but there are specific tips about security if you have become the target of hackers or hacking with paid apps but this is true if you are targeted by hackers who have long targeted you. |
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Do you think Bitcoin still on the rise in terms of market capitalization ?
Volume bitcoin is $5,198,720,771 USD for now and because in my opinion today there is a correction to make the volume decrease slightly, there is no signal about the movement of bitcoin so I think we have to wait until the end of the year and early January 2019, now there is no significant pump in bitcoin and low fluctuations, market capitalization is still in bitcoin so just relax. |
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I think majority of people here are very selfish ,. Believe it or not. They are hiding and choose not to tell to the other person especially to their neighbors what is cryptocurrency all about.
They don't want to spread the mechanism of it. And that is very wrong for me.
We must encourage people who have no idea to the cryptos. Teach them how to use and explain what is the benefits of it.
This is also for the good of our industry .
Remember the status of cryptocurrencies as of now is endangered and the value of bitcoins is gradually dropping .
So, the good thing to do is to spread out the operation of Blockchain technology.
Actually to spread cryptocurrency and blockchain technology is good, but I'm sure there are some things that might have a bad impact on us, for example, some people you recruit suffer losses and blame you or people you recruit make noise by spreading FUD or things that have a bad impact , I myself am better to silence and if there is according to someone who deserves to know cryptocurrency and blockchain then I will recruit, as experts say that "blockchain and bitcoin technology is only for the right/smart person". |
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This depends on how you manage your investment, how your expertise is because if you think about it, it is also true even if you enter crypto when the market is bullish, where getting profits is easier but if you cannot manage your investment it will end up losing.
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If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
In fact, in my opinion, it is possible to solve some of the social economic problems that can, but the important role to change this is human resources, because for me, no matter how sophisticated the tools are or how easy the road is, if human beings do not want to change it so its nothing. |
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I want to invest my savings into cryptocurrency. So I think about the future of cryptocurrency. what do you think? Do you think the future or cryptocurrency is good? Or do you think the future or cryptocurrency is bad?
Please help me, because I will invest all my savings. So if I make a bad decision, my family and I will be on the road to improve my economy.
For technology the bitcoin has great technology and many experts argue that cryptocurrency has future technology. In fact because the crypotcurrency fluctuates so we don't fully know whether ci crypto investment is the right choice, it also depends on your skills in analyzing and in my opinion cryptocurrency has a fairly high risk compared to investments like gold or stocks. |
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HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
I don't really understand how the market will move in the coming year, and this week the bull happened even though yesterday there was a correction but today the trend up is superior and I think next year will be better for cryptocurrency, and I hold several altcoins because I feel their value will rise especially in ethereum. |
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Ethereum started pumping in the last few days. Today ETH touched $ 150 which was pumped 80% in the past few days. This is a good sign for Ethereum holders. Because I am an ETH holder, it is a pleasure for me. I have bought 10 ETH when 1 ETH = 0.07 BTC. So I'm waiting for the pump again. Which is better to save now ETH or BTC? Please give your opinion
In my opinion ETH is better to hold now, fluctuations in ETH are bigger than BTC, then ETH will hardfork in the coming months I think this hardfork will improve or restore the value of ethereum because so far ethereum growth is the worst when viewed from the growth of altcoin which has the same popularity. |
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Knowing that we all suffer through this bearish trend and now we hope it's almost over it's the right time to buy ETH!
ether has a very low price at the moment because it is stable at $ 275- $ 300. That's around $ 800 3-4 months back and probably will recover soon.
Given that ATH, this should be a good price to buy a few ether because it will return some good profits.
Don't be in a hurry to buy, because the upcoming hardfork I think ETH will recover but the correction will also be there so don't be in a hurry if you are not sure about the ethereum market, maybe you can buy it when eth has done hardfork. |
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Personally , I lost nearly 1500$ from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way , if we get greedy then we end up with nothing.
whats your solutions do you do for cover the loss?
When I experience a loss of value I better hold it and wait for it to recover. To recover losses, I looked at market conditions and analyzed how many way I could take to make a profit, for example when the market was bearish I did not want to take risks by trading and choosing investing as another way. |
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I understand everything has not bloomed and bloomed well
But let’s endeavor to be at an alert because in crypto currency
When you are tired weak and feeble, that is when good and valuable projects pass you by
But when you are excited to work, you get only peanuts project
So work now that you are weak
Persevere and don’t burn your opportunity because of short term comfort
I work now when I'm weak but after I do that and the results make me weaker, so what should I do? in my opinion when we work we have to do it with excited because of the good results that are when you do it with optimism and enthusiasm. |
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Ever since the market went red, have you guys received any tokens from the bounty campaigns you have joined? In my case, I haven't received any and I've asked the devs of the projects that I have participated in and they told me that they are following their roadmap and focusing on their product. Are you in the same situation as me?
The distribution of tokens first depends on their bounty manager to calculate the stake and the number of tokens obtained, and the developer will send a token if the stake has been calculated, so for product development the roadmap is different in the distribution bounty, except if the bounty manager is their team one from their developer. I got a token from them but they haven't announced on the exchanger where they will listed their tokens, I'm sure many people experience things like you because from my observation that ICO runs less well for several reasons. |
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I see that there are many ICOs that fail because of lack of funds even though the concept is good and potential, isn't it if the project is funded and realized the project will be successful and profitable for investors?
Some of the reasons from what I know because the ICOs project currently has a low level of trust compared to 2017, the bearish market is also a reason because of the decreasing value of cryptocurrency and in this condition users who want to invest in ICO while they are still holding in order not to lose value more. |
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Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible. As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain. Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore. What are your thoughts about this? Will both Blockchain and AI improve the world's economy?  Then where will the bank benefit? because as we know blockchain and AI technology where all transactions are recorded in the ledger, then what benefits will the bank get? while those who hold cryptocurrency are us and there are no other intermediaries, even many people say cryptocurrncy cannot be taxed and we have no proof of ownership of the crypto that we have if it is lost we cannot report. |
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Goldman Sachs: Bitcoin can be useful for a troubled economyAccording to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy. Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided. Goldman Sachs experts: crypto-currencies can help the troubled economy
Indeed bitcoin can be another alternative for countries where traditional money is not sufficiently provided, because if their country creates more the traditional money then the value of their country's traditional money will go down. Which I doubt is whether people from that country can adapt to the fluctuations in cryptocurrency which might be detrimental to them. |
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If we have less new investors, so the prices tend to fluctuate less? How much dependent of new investors the prices are ?
Based on logic if more and more new investors, the demand will be increase and prices will tend to rise, but this also has an impact on increasing fluctuations, because more and more users have different offers and demand which can change the value. |
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