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1  Economy / Economics / Re: What will you do with the current market? on: August 09, 2018, 02:46:52 PM

Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
The value of bitcoin is increasing now. So i think you should invest your money on bitcoin. Also, you can try to split your money in bitcoin and altcoin. Just make sure to the altcoin that you're going to invest to.
2  Economy / Economics / Re: Reason we pay taxes and why we should on: August 09, 2018, 02:30:30 PM
Actually, the main reason why we pay tax is because the government needs it to run a certain city or place. If we didnt pay our tax, they can't improve the city and they cannot give salary to their local workers.
3  Economy / Economics / Re: Becoming wealthy and social responsibility on: August 09, 2018, 01:39:58 PM
While I don't have many posts. I got involved in Bitcoin in 2013 and joined this forum in 2014. While I do not consider myself wealthy from Bitcoin yet. I do have an idea of how I would like to direct some of this new found wealth. I think most of the people who got involved early got involved for the right reasons. IE: To change the world and move humanity out of the control of the bankers. I am concerned that the new people coming may only be in to make money. I hope I am wrong, I really want this technology to be a force of good in the world and deliver economic freedom to the masses and the unbanked. My hope is everyone who was early, has some idea in mind that will help others. Maybe help your family, or a charity that you think isn't wasting money, or building a community swimming pool etc. If you have a lot of money think big and how you can change the world for the better. This is our chance!
The ravenousness of the general population will devastate everything. Indeed, even here in bitcoin. The fundamental motivation behind this gathering is to spread the pattern when it comes in innovation, the advances and the development to facilitate the general population who experienced misery and starvation.
4  Economy / Economics / Re: Choosing the one | What I think! - Real Job or Full Time Crypto! on: August 09, 2018, 01:21:10 PM
For me, i will choose Real Job because of the stability of profit every month even if that is lower than the crypto. We cannot assure that crypto currency will stay for how many years that's why i would choose real job.
5  Economy / Economics / Re: Does Bitcoin affect world trade? on: August 06, 2018, 03:17:17 PM
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
On the off chance that Bitcoin progress toward becoming sanctioned and accessible to all organizations and perceived obviously by every nation no reason behind why Bitcoin doesn't help the economy in each nation through nearby exchange and global exchange.
6  Economy / Economics / Re: How is Bitcoin different from Etherium? on: August 06, 2018, 11:41:59 AM
Bitcoin having some expertise in it's part as computerized gold offering the tried and true money related framework free from out limited expansion and political mediation. Ethereum developing into world PC a Blockchain based programming dialect empowering code based contract and decentralized application.
7  Economy / Economics / Re: With Hackers everywhere, How safe is Cryptocurrency? on: August 06, 2018, 11:00:27 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 ?
Nothing is totally protected. Regardless of whether you have the cash in excess of one wallet, or if the secret word is scrambled, lamentably we will stay powerless against this kind of robbery of assets.
8  Economy / Economics / Re: when you sell out of panic, you are contributing to the dump! on: August 06, 2018, 10:21:34 AM
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I concur. That is the reason the cost continues dumping as opposed to expanding. Individuals continues griping about the cost however in the meantime offering the coins they have.
9  Economy / Economics / Re: How did Crypto help you out? on: August 05, 2018, 01:34:42 PM
This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?
Crypto is a God's favoring for me and my family. It help us in our budgetary status. Presently there are additional items for needs and not only for needs. It truly gave me work to do every day for me to acquire day by day.
10  Economy / Economics / Re: What profit has brought you to bitcoin? on: August 05, 2018, 08:48:44 AM
What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?

All things considered, bitcoin now is prominent and loads of individuals have association on it however bitcoin as well as in all crypto coin. After the most recent year brag of cost of btc Bitcoin have huge effect in region economies and this additionally the start why I was associated with crypto and gaining great benefit multi month that can bolster my monetary needs.
11  Economy / Economics / Re: Why spend time in bitcoins? on: August 05, 2018, 06:54:52 AM
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
I need to anchor a well off retirement. I would prefer not to be that person who endures till the final gasp of his life. I invest energy in bitcoin to learn and discover approaches to acquire cash while likewise working, in actuality.
12  Economy / Economics / Re: Is small business ready to sell for cryptocurrency? on: August 05, 2018, 05:19:32 AM
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
One approach to persuade individuals to begin a crypto business would be the administration's help. In the event that there is a solid help from the administration then that would the least demanding approach to do it.
13  Economy / Economics / Re: Bitcoin and Future of Economy! on: August 04, 2018, 02:22:23 PM
Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
For what reason not? It can possibly be the fundamental money of the world. Bitcoin is a technological innovation and as a human, we need changes to our economy and to the entire society. Bitcoin brings straightforwardness and decentralization. Be that as it may, because of the restricting of different nations, bitcoin has struggle to end up the fundamental cash on the planet.
14  Economy / Economics / Re: Economy in your country on: August 04, 2018, 02:15:38 PM
An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
Our nation has loads of assets, bunches of capable individuals yet I just can't envision why the poor wound up poorer and the rich wind up more extravagant. Beside that, the greater part of the well off specialists are not normal natives. It is so tragic to state, and there are parcels if egotistical individuals sitting in an open office. Well it is exactly what I see.
15  Economy / Economics / Re: Crypto replacing fiat? on: August 04, 2018, 01:13:54 PM
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   
I don't have any acquaintance with it will going to happen in light of the fact that their are numerous poor nation that didn't utilize crypto they utilizing fiat as far back as so there are not conceivable outcomes that crypto will supplant fiat since fiat is the first cash.
16  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: August 04, 2018, 12:52:40 PM
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.

I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)

Does anyone here know the reason behind people loving precious metals?
a great many people want to put resources into gold since his costs never go down every now and then, his stuff is genuine and can be utilized as adornments and can likewise be purchased and sold whenever when its proprietor requires earnest assets.
17  Economy / Economics / Re: The panic seller irony on: August 03, 2018, 04:24:30 PM
I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.
Actually, if we want to have a big profit. Let's try to control the supply of the coin so that it will increase the price if the investors demand on that specific coin. Please don't panic sell. Try to wait and hold your coin first.
18  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: August 03, 2018, 02:54:02 PM
Bitcoin prices plunged from $4900 to $3300 withing pan of few days. Now some news-points from bitcoin world are claiming this price plunge was planned. Check following links:

https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

Now without going into whether above claims are true or not, my concern is "Isn't this is the right time to enter the bitcoin market or purchase few more". There is definite signs of improvement in the bitcoin price market. Current price is around $3757. It is quite possible to see bitcoin back to 4k to 5k or more. Given biggest players from finance sector are eying this lucrative market.
What do you think, is this is right time to buy some more bitcoins or wait and watch?

I figure you don't need to sit tight at the cost of bitcoin to go lower. Since in the long run the main route for bitcoin is up. It may dump at some point yet it recoups once more.
19  Economy / Economics / Re: I almost lost my rock solid regular job because of crypto on: August 03, 2018, 12:57:43 PM
Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).

Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!

Possibly is on account of you need time management if not I don't see the investigation of crypto currency related exercises that will set aside you that much opportunity to the turn of you been treating of your activity.
20  Economy / Economics / Re: Will Economy Grow Forever? on: August 03, 2018, 12:50:35 PM
Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?
I think economies resemble Crytos, they go up and after that down. They don't simply develop until the end of time. Things go up and after that down.
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