I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
In my own opinion, I think fiat currency is not possible to experience a crash like bitcoin and other crypro currency can experience. If the fiat currency will crash, there will be a huge change that might happen all over the world that will greatly affect us especially our economy. There will be a global crisis and problems may rise. This thing still do not happen, I believe the government are wise to evade this situation, because the world happen an economic crisis never give benefit for government and people on the world. Therefore, which things the government need to is evade that economic crisis, as long as they can reduce the growth of blockchain technology and cryptocurrency, they can do that. |
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If you can use it just like you use money, then you can call it money. And what economists and others think is not part of the overall picture and is a distraction. People say that some forms of money, such as bitcoin or US dollars, are not backed up. But this is not true. They are supported by one thing: trust.
Well said. I’m agreed. As long as the currency or any type of currency has a value and can buy anything you want, It is money. Well, many people are not trusting cryptocurrency but it is now used in many sites and shops. Bitcoin is the only crypto that serves as inspiration to many cryptocurrency users. Bitcoin has been trusted by many investors righ now. Bitcoin is the only crypto that serves as inspiration to many cryptocurrency users I do not agree these words, Bitcoin is not the only inspiration for cryptocurrency users. Why do you think that? Because cryptocurrency users included Bitcoin users and altcoin users. Many people do not like to use Bitcoin, example Bitmain recently, they just accept to use BCH (cryptocurrency payment) buy their device instead of Bitcoin as the past.  |
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Of course as always many will be dragged down by heavy bitcoin pump/dump but the strongly driven coins with huge potentials will survive and maybe in the future will replace bitcoin itself on the top.
That's a big dream tho, you cannot replace the bitcoins or any altcoins out there they are all dependent on bitcoin and how come they would be top 1. Altcoins will survive some others will not but the sure thing is bitcoin and altcpins can grow more in the coming decades. What? No, I think you should not have strong faith in the future of cryptocurrency too much like this. The coming decades mean next 20-30 years, cryptocurrency has not much chance to keep its trend still hot until a long time as you said. Only next 10 years for cryptocurrency is so hard to keep its trend on the world. |
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
I think there is a possibility that bitcoin would have its valuw decreasing but I don't think it is possible to have bitcoin's value vanish in just a short span of time. Bitcoin has a very epensive value right now and it would take a very long tims to bring it all down completely. We can all see that bitcoin is still dominating up until now so we should expect that its value will not go low instead it would keep on rising. You should only expect the value of Bitcoin will increase when it really has reason to increases a worthy worth. But, it does not mean I want to say the current price of Bitcoin is the real price for Bitcoin. I do not think Bitcoin can be dumped under again $10,000, even down to a half this resistance price. Bitcoin needs to has lightning network before its value increase again, I think so. |
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Paper Wallet. A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security.
LOL, if you want to use paper wallet, I want to ask you a question. Why do many countries use credit card to replace paper money? Because bring paper money or store it is more difficult and not security as credit card. So, instead of use paper wallet, use offline wallet and store it on which device can store data is enough. |
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In my opinion, both are very profitables, because both of them are valuable and have the most promising potential. Gold is always trusted by people and it will never lose its value, and its price keep growing slowly. BTC however is increasing fastly and expected to become a lot more expensive in the future.
It is indeed that both are profitable. However, holding gold is more safer or you'll feel secured than holding bitcoin. Although bitcoin will definitely let you earn huge profit, it can also make huge profit loss in a short period of time. Gold may not let you earn huge profit like how bitcoin can, but it can guarantee you that you'll going to earn profit as time goes by. If you have enough funds, it is much better to hold both. But if none, I would rather hold gold for long time investment and bitcoin for a short time investment. Actually I am holding both for the future. Honestly, I do not trust FIAT. I can not put all trust in the value of FIAT I am using everyday. However, I can not stop to use FIAT and replace it by cryptocurrency or gold. Therefore, I spilit my 80% funds to 6:4 (Bitcoin 6 : Gold 4) to save my money for the future. |
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Fuck Ripple and every retarded centralized shitcoin. Will that suffice for an answer?
sorry but i disagree with your point. I think the ripple has a bright future. I can show you some of their strengths and achievements that have been reached to date: _Currently, Ripple's stock market capitalization is $ 14.1 billion and is one of only three companies licensed to conduct the virtual currency business of the New York State Department of Financial Services. _ Blockchain - Fintech has the largest and most diversified capital and turnover. _ Blockchain has the largest number of employee employees up to 200 people. Currently Ripple has 6 representative offices distributed throughout the territories: New York, London, Lucxambua, Singapore, Mumbai - India, Sydney - Australia. _Ripple has a joint venture in Japan as SBI ripple asia limited company with shares occupying 40%. It represents the alliance of 61 Japanese banks, accounting for 80% of the total assets of Japanese banks using RippleNet. I think with the above advantages, you will change the thinking about the ripple. Yes, although Ripple is not really a cryptocurrency, it can be call as a digital currency used blockchain, but I can not negate the ability of Ripple's technology can apply for many applications about payment on the world. As you said, Japanese banks and payment services are using Ripple's technology to develop recently. If Ripple is a shitcoin, it does not mean its technology is a shit technology too.  |
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i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
anything can happen, but I do not think bitcoin can be replaced by other crypto currencies because bitcoin is a crypto king and bitcoin is still a favorite coin. Bitcoin is the most popular coin and i think no more other coin that can replace bitcoin, there are a lot of coin but bitcoin is the most useful in my cointry and i think in the other country too. Bitcoin has more popular than other cryptocurrencies, but it does not mean someday, altcoin can not replace Bitcoin. Are you only an investor or a real user of Bitcoin? For me, I do not like to using Bitcoin recently. Because the total time to get confirmation for my transaction and the value of Bitcoin are useless to use for payment. Therefore, at least altcoin can be better than Bitcoin for small payment through internet. |
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Good afternoon, everybody!!! wow 549 pages!!! your thread must be the most popular among all the threads on the btt!! what a great project!
No, there are lot of other thread which have more than 1000 pages. You shouldn't be surprised about this. Utrust token is holding pretty well in this bear market, probably because they just recently announced a partnership with UMT AG, and in 20 days they will launch their mvp during a big conference, people are going to fomo buy very soon
It is likely that utrust holders just don't sell it unlike the other altcoins, so the price is holding up well Yeah people are expecting a big pump on April the 19th. I hope the price will go to 50 cents, it will be really amazing if I can sell it at that price Why you want to sell on 50 cents? We all know if UTK even broke $1 many months ago and lot of people still believe it UTK will be at that price again in the future. All you can do now only keep re-buy and HODL Yes i really agree on you on that! Thats truely undeniable and it is expected soon that UTk price shall hit again 1$ and even more! Lets buy and hold more sir. Kudos to us Holders. How soon ? like in a few years ? Because the price right now is around 14 cents, if the price pump up to 1$ it will be nearly a x10. I don't think we can get there " soon "...you guys need to be more realistic. To reach the $ 1 price we've seen in the past few months ago I think UTK is currently hard to for $1 reach again, because the current market price is not in not good condition. but we do not know whether in April the price of UTK will soar to the moon or not, we just need to keep monitoring the price UTK on that month. Yeah I don't think it will reach 1$, that's why my target is only 0.50$. And I still think it's pretty high and unrealistic, if the market stays bearish then I think we can maybe reach 0.30 $ per UTK tokens For long term, if the cryptocurrency market can recover and the devs of UTRUST can release more feature and complete more targets in roadmap, the value of UTK token will increase. But, the value of Ethereum can affect the value of UTK token, because this token based on Ethereum platform, I think so. |
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We can say that somehow it will improve the economy of one country. We can point out the entry of money or the increase of income of the people. It is basic that if all the people in the country has a lot of money or wealthy the economy of the country will follow. Some country got low economy because the people of their country has less money or under puberty. Puberty that somehow becomes a habit of the people, it is because they had been so dependent on the government not to their self. Therefore we can say that it is not bitcoin or anything that will improve the economy of a country but the attitude of the people on how they will improve their financial capabilities.
You are right, the attitude and the consciousness of everyone is all. Nothing changes if everyone is lazy and does not try to work to pay taxes to the government. Taxation is a means to improve the economy of the country, however, almost everyone does not like paying taxes, haha. |
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Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
I've been participated on bounty campaigns that requires KYC on their investors but I just asked the ICO team if they also require the same thing on their bounty campaign participants but they said "No, not required". Cedex and a couple of ICOs aren't requiring KYC on their bounty participants, but only initial coin offering investors and nothing more. KYC is an extension option for ICO project follow the rule from the government, especially SEC. Do you know a lot of project close by SEC just becasue without KYC? Bounty campaign is also a part of ICO projects. Therefore, KYC is neccessary for the ICO project really want to evade trouble. |
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I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.
I think you should not hold any coin at the moment, it can be seen that the prices of bitcoin and altcoin are decreasing continuously in the past days, which suggests that if you buy and invest at this time and I intend to hold on for a long time, I believe that you will make a loss. The bitcoin price is at $ 7,800 and according to my analysis, the bitcoin price may reach $ 6000 in the coming days so you can wait until then to buy bitcoin. I believe that it is now really the best time to buy and hold for a long term. If we do buying at this point of time we may have a lot of profit in the next coming month because, I believe that the bitcoin price will really rise soon and it will really give us a huge amount of profit if we are lucky and get the right timing on selling. I always ask myself: "How many times I see the post like your post?" I do not understand why do the panic investor always want to see the price of Bitcoin raise again in next day, next month. Why do you not spend your time to research the reason or easier than to find new thing to work? I think it is more easier than wait the Bitcoin price raise again. |
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Bitcoin is good for the future and in the present time also because the gold is physical commodity and people believe that bitcoin is virtual currency so it is possible that any time this currency can be eliminated from the earth but the educated people love to use bitcoin and the bitcoin community is rising day by day so this is expected that it will grow more in the near future.
The value of Bitcoin can not increase if the investor easy to become panic like now. Look at the market, how many people still be calm with the current value of cryptocurrency? I do not ask the people have experience in this market. Almost the new trader, included my friends, family are worry the value of Bitcoin become "worthless". |
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I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
Both is fine but me I prefer day trading because its easy to get profit from it, not a big profit but its okay than long term hodl for tokens then sell because the price isn't going up. You can have more profit if you do day trading and you have high funds for it. You can separate it in buying different coins so your profit is not depends on one coin. Honestly, day trading can not give you much profit than holding if you do not focus all time to trading. Trading while you have other jobs you need to working just make you have stress and lose money. Because trading is not a job take short time to work. It makes you need spend much times to follow the price, analyse the market and prepare strategy, plan. |
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Too much on the development of the project is influenced by the team, and especially stress resistance leaders. The market is very dynamic and not everyone can adjust to it.
As a rule, we see only a few members of the team. Well the leader himself influences the coin, people start to trust him! The fact is that if you study the ideas of investors and the results of their work, it becomes clear that their profits can be 150% more than they invested their funds within 3 or 4 months. LOL. If all traders are the rich and have that percent profit, no one spend money for them from the loss. Because the market does not create money. The market just transfer money from losers to you if you have right decision for investment. Of course, if you have wrong decision, you will be the loser and must pay money for your loss. |
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Of course it's ETH! This currency has a great future: they have good developers, and almost all ICO projects are launched on ETH
Yes, that’s right. Everyone supports Ethereum. I do see some people claiming that Ethereum is even far more better than Bitcoin in its features, but I don’t believe that, Bitcoin is better, or maybe it’s being seen as the best because it was the first cryptocurrency. Another coin I like LTC (Litecoin) if you mention the first twenty, I believe it will be on the list, cause it’s position is around twelve. we can see eth for many ico transaction. from that thing, i believe if eth have good future, with big circulation i believe eth will be btc competition later. eth have a lot of influence, if eth down then other coins will come down too Only ICO tokens can be affect by the value of Ethereum. But I am sure the owner of these ICO projects will be stupid to continue use Ethereum as the platform to develop their project if Ethereum affect the growth of their projects. Transfer to use other platform like NEO is not that hard  |
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Well personally, i think it is fair and it is necessary. I know that the transaction fees can be really high depending on the amount you are going to move but if you think about it, this fee is still cheaper that what you need to pay for the fees of Paypal, Western Union or other money transfer companies. Necessary because these fees are for a smooth and efficient transaction that we need to do.
If you compare the Bitcoin transaction fees to the transaction fees of business services like PayPal, Western Union, you also knew the transaction fees of Bitcoin is very cheap if compare against these services. Total time to receive money from Bitcoin is better than WU (Western Union) and slowly than Paypal. Of course, Paypal is a centralized system, it does not need to have much confirm in system like decentralized system. |
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In my county bitcoin can be use as payment already but only online and very limited establishment accepts bitcoin as payment. Adapting it as a mode of payment in physical establishments like hotel, restaurant and others would be possible but difficult to implement.
You should be happy and hopeful because with the passage of time this system will improve and then bitcoin will be start using at high level so you will be able to use bitcoin for the payment to buy a lot of goods, in my place it is very easy to use bitcoin as a payment at shopping malls and to buy online clothes as well. Bitcoin transaction is now very fast and it can be conformed within minutes so I think in a few years we will see bitcoin being use as a regular payment for everything in our daily life, it will improve the state of bitcoin for all of us. Yes, that's good and you are lucky for living in a society that accept bitcoin because in our place bitcoin is not so famous and no establishment accept crypto payment or bitcoin, but i truly believe that bitcoin payment is the future of payment system and that will happen if the world is fully interconnected and that will gonna be the universal money of the future generation. I do not like to spend my cryptocurrency or Bitcoin for payment in my country. I can use fiat or other services related my banking. Then, I will use internet banking to purchase anything. Only global transfer money, I really want to spend my crypto for payment instead of Paypal or Perfect Money services I used in the past. |
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bitcoin cant end the world neediness on the grounds that bitcoin can't do it inspite of all speculators put resources into bitcoin yet not all end up rich and not all can put resources into bitcoin destitution is in there if all individuals turned out to be rich do you think our life is impartial? do you surmise that life is testing? That is the reason neediness can't end by basic help of bitcoin.
It cannot end the whole word but it can always end poverty of each individual who stays here or has chose to believe and continuously encouraging people so he can also help the crypto industry and not just after him since crypto relies on the demand so it is better if the demand will increase always. According to my experience, if you really want to get money from Bitcoin with low risk. You should not to spend any amount of money into this field. Even few dollars  ! Because this world is not stable, it is always ups and downs and can make your funds invested decrease. Like bounty hunter on this forum, become a hunter to get Bitcoin from your work instead earn money from money through trading, investing. |
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What are the chances of living in a world with no actual money ?  For me I think money don't disappear because this is how the world grown up and money is very important to everybody.but if cypto currency is going to be real,theres nothing that we can do about it if thats our government or countries decission..maybe its going to be real but money will not disappear and hoping so..... First of all, the cryptocurrency is not a payment method easy to using like fiat (real money). The volatility of cryptocurrency price and the knowledge about using crypto are worse than the ability of fiat. Fiat can does these things better than crypto a lot, it can use without internet and the value "always" fixed at good price. |
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