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1  Economy / Economics / Re: Is Bitcoin Over? on: January 19, 2019, 08:15:17 AM
To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8

Things I talked about:

1. Bitcoin's intrinsic value
2. How it could help underdeveloped countries
3. How it could help developed countries
4. Censorship

Now I wanna ask your opinions on my main point which is:

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention.

So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8
I’m sorry, but I don’t really understand what you mean in the last sentence you made – you said decentralization is for the purpose of censorship resistance and fraud prevention. OK I might agree with the first, but how does decentralization prevent fraud? Oh! And if there is censorship resistance, how the heck does it help when someone gets scammed? Decentralization doesn’t stop fraud please, but that doesn’t mean I’m against it, but get your facts right.
2  Economy / Economics / Re: thinking of selling or investing more. on: January 19, 2019, 07:44:50 AM
Because nobody knows when the market will start to rise. But, as I expected, this time not from Sales just stopped and watched the market and appreciate this time with I family on the grounds that in a few months the market will start to rise. So this time there is no compelling reason to offer. I don't know myself and I can't predict the increase. But if the coin that I hold is valid and worth holding, I better hold it or I have to cut my losses.
You never mentioned the coin you’re holding , so I don’t know if it is Bitcoin or eth or any other coin. But if what you’re holding is one of the top ten coins, then you should continue holding it till the second half of the year. A lot of experts believe that there is going to be a huge change before this year ends. And there have also been some predictions that the first half of this year might be pretty tough , but after that, the second half is when we will see the bull run. So hold tight.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH continues to lose value (road down to $50?) on: January 02, 2019, 08:03:43 AM
the wheel continues to rotate, ethereum had dropped to a 2 digit number. but predictions that ethereum will continue to plummet are now answered, ethereum prices are recovering and will continue to rise next year
This could also be said for other coins in the market. There are fluctuations in the market and this is why in looks unpredictable but the chances of rise in the values of the coins are not low and are rather green. Time to invest.
4  Economy / Economics / Re: Bitcoin eventually disappear... on: January 02, 2019, 07:33:53 AM
There are still so many people and investors that believe in bitcoin. So i think bitcoin will not disappear easily. Bitcoi n will still recover and will dominate the market again.
That is the main reason why bitcoin is not going to disappear, as long as some people keep believing in it and keep using it then bitcoin is going to be here with us, in fact I will say that it is completely the opposite, each day bitcoin is getting stronger and more people are adopting it so the chances that bitcoin is going to disappear are incredibly low.

currently, bitcoin is still standing because bitcoin is still trusted and some people are still fighting for bitcoin. although the state of bitcoin is currently experiencing a sharp decline. they certainly have a sense of doubt, but they also can still survive.

Things that are never stable whenever you might expect because that is virtual money that makes anxiety and happiness about prices in the future.
In this era of technology, the old technology are obsolete by the arrival of new technologies and services in the market so it would be acceptable if on the arrival of a more potential technology, Bitcoin ends. But that is not going to happen soon.
5  Economy / Economics / Re: Is the Market Stabilizing? on: January 02, 2019, 06:44:04 AM
Cryptocurrency market is always volatile, there is nothing like stabilizing. I don’t really know why you guys keep asking if price has stabilized, how do you expect something you were told is volatile to become stable all of a sudden, it doesn’t work like that. It can reach a price and act like it’s stable, but within few minutes or hours, check back and you will see that the price has moved to another price.

Unfortunately, but what is happening now, that is not the real situation on the market, because a large part of traders and financial institutions already have a Christmas break. I think that in a few days we may have a surprise that will again shake the entire cryptocurrency market.
Don’t tag this to a Christmas break, even when you’re on a holiday you can still trade online stocks and assets (including cryptocurrency) this has nothing to do with Christmas break cause the price has been this way since the beginning of this year, even the price has increased from $3000 to $4000 ($4200+ this morning) so nothing to do with Christmas at all.
If the stability is the result of the aligned market forces, it is the real stability and the growth in the values of the coins would be real growth rather than the artificial growth that often acts as a trap to outwit people and attract them to invest.
6  Economy / Economics / Re: Facebook Is Developing a Cryptocurrency for WhatsApp Transfers, Sources Say on: January 02, 2019, 06:11:13 AM
In my opinion. perhaps this policy is to boost the value of Facebook shares which continue to decline in the trading market due to data leaks that have occurred. so that Facebook starts a new innovation in the crypto world so that the value of shares will increase again and gain the value of trust from the public. in my opinion, this is a good innovation so that it will further develop the crypto world.
Well see these are companies and the basic purpose is to make huge money. So this policy of Facebook will be very instrumental in attracting some more users to use it and over mask the fall in the reputation of the Facebook due to the leakage of the data.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best 2-month investment on: December 20, 2018, 10:54:16 AM
The best time to invest right now is when Bitcoin is trading at a price of $ 3,000. below it is unlikely to fall
You had been right about the investment opportunity because we have had a rise from 3k to 3.7k and it is going up again. Even now, if anyone invests in the coins, there is big profit expected and it is a good opportunity.
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum is waiting for what? on: December 20, 2018, 10:17:24 AM
I don't really think Ethereum will do what it did last time. Wasn't it just pumped up because of ICO's?
No it was not pumped up due to ICO and was rather having a good market because of fast pace of growth, stability in price and the rise in Bitcoin as well. Keep a watch this time and as Bitcoin rose, ETH will follow sharp.
9  Economy / Trading Discussion / Re: This will help to improve your trading on: December 20, 2018, 09:45:36 AM
This is mostly common sense trading tips but that doesn't detract from the usefulness. Any trader needs to be mindful of all of these things and more at all times.

For new traders following this advice won't mean they'll be successful, for that they'll need a lot more skill and knowledge of the markets. But it will help limit their losses or maximize their profits and that's why it's worthwhile advice for all to follow.
Well what matters the most is the mindset. There are people who are very good advisers but they have no history of profits in the crypto. It is also about the risk taking trait that helps make money.
10  Economy / Trading Discussion / Re: I'm loosing. What to do? on: December 20, 2018, 08:36:15 AM
I don't understand where are going to crypto market. I was holding my coin last 1 year but still market down and I am waiting until 2020 and try to buy altcoin and btc.SO i think this time only for hold and btc will back again.
Despite so much depreciation in the market values, if you are still so committed, I will tell you that one day you are going to be a millionaire in the crypto. It is this passion that keeps you going in the pursuit of prosperity.
So it makes you one of the habitant because it is about time and loyalty and you are being loyal in the business and expect the rise for which you invest more and more so better be optimistic and wait for the millions.
11  Economy / Trading Discussion / Re: I regret that i entered trading too late on: December 20, 2018, 08:06:18 AM
i thnk that too. if i know the market bad like this i don't join
I this it is never late to invest in the crypto market. This is what TIM DRAPER of the US who has earned billions in crypto says. In addition, if you are in for the ideology and not for the business, you would be the one who would last longer.
12  Economy / Economics / Re: Investor Sentiment on the Cryptocurrency market on: December 20, 2018, 07:36:53 AM
I think you should add one more thing is the discipline of an investor. Because the strategy and plan of the trader is more important than anything. If the investor does not have a strategy, he will not get anything.
That is exactly correct. Strategy and plan is pf the prime importance and once you have a good strategy and plan, you would not find it hard to escape loss. But if you do not have one, be sure that the market slaps when you are not active.
13  Economy / Economics / Re: China says rejecting physical cash is illegal amid e-payments popularity on: December 20, 2018, 06:57:42 AM
For better or worse, a cashless world is coming.  Such a thing would have been unheard of in the 1800s, and boy how times have changed.

is it though? i've heard the fearmongering about sweden, but i don't see anything like that happening in the USA. cash economies are still really prevalent here. where i live, gas prices are lower if you're paying with cash vs card and most people i know still use cash (at least sometimes).
Which is a dominant side of the cash I think because not all of them are going to use the e-payments and this is also evident in China. Though they might not be against the e-payments but they would also like their own currencies demanded more.
14  Economy / Economics / Re: A Public Market is Turning 'Cashless' in the Philippines on: December 20, 2018, 06:27:42 AM
this is a future demand where users want to be easier, safer and faster in all the shopping activities they do and this has begun to be offered by crypto with the benefits that everyone wants. currently crypto is still being opposed by many countries but in time they will need more than fiat
This is not just about the shopping thing but it has a huge market around it and I believe that the public markets becoming cashless in Philippines is a good thing because they have financial crisis and I think this will help them heal the economy.
15  Economy / Trading Discussion / Re: Most Promising Cryptocurrencies to Invest in 2019 on: December 17, 2018, 10:07:18 AM
It is sensible to know which coins have the most solid investment fundamentals with the best chance of generating profit in the coming year. This piece will give an overview of the best cryptocurrency to invest in 2019.

Best cryptocurrencies to invest in 2019
If you are looking for coins with strong fundamentals then it is a mistake to try to invest in any coin that is less than a year old, concentrate in the coins that have been leaders of the market for some time, if you invest in those coins the possibility of losing your money will be low and the chances that you get profits will be high and the risk you will have to go through will be minimal.
But in the previous history we saw a lot of coins which became the best coins within their first year of development. We do not have to look at the age of the coins for investment in them but we have to look at the projects and the potentials of these projects for the future and its success.

16  Economy / Economics / Re: why bitcoin price fall down? on: December 17, 2018, 09:35:55 AM
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
The trade war between the United States and China has affected many countries in the world and our markets have been affected by it. We should see this as an opportunity for us. The investment will now not be wasted. The price of bitcoin will increase in 2020.
so many rumors about this, but in fact panic sell is the most effective thing that makes the price of bitcoin down now. well, but right now we just need to be patient until prices rise again.

Rumors also play a big part in the panic selling which lead to crash in the market and prices keep falling down. Anything can easily fall but to rise do take time. So patience is absolutely key and another thing is that one should do their own research and then decide if to believe to rumors or not.

Actually in the previous times it was not hard for the price to start rising but nowadays because of the long time dump and frequent dumps people are disappointed and worried and they do not come again sooner after they sell. Once they start trusting the crypto again the value will rise higher.
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin price effect on Altcoin on: December 17, 2018, 08:38:42 AM
There is direct price effect on altcoins. You know, I've traded stocks and S&P 500 affect other markets, so here is the same situation in crypto.
Bitcoin is the main trigger for altcoins
It is because most of altcoins are in the trading pair of Bitcoin only and when the value of Bitcoin reduces then it automatically reduces the price of these coins. Majority of the investors lose their money and most of them withdraw their money which collapses the market.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Cryotocurrency gives you excitement? on: December 17, 2018, 08:06:53 AM
Overall yes. But it doesn't seem like this year. Trading, bounty, Ico and even mining are less profitable this year, very different from 2017. But to be honest, cryptocurrency has given me hope and a great opportunity to get what I want and get what I feel is impossible before. Until now I am still interested and will continue to survive, I'm sure this situation will improve.
It is right that this year the profit from these things are lesser but the excitement this year is that there is less competition this year the bounty campaigns are paying high and the difficulty in mining is lower so we can collect more coins in this year.
19  Economy / Trading Discussion / Re: How Much Should You Invest in Bitcoin? on: December 17, 2018, 07:36:10 AM
when i join this market. it affect my life a lot of. but i think this is a right way. so i'm still invest in this
The first investment matters the most. If you are wise enough to invest in the first time in a good way when the values are low and price stable, then it is no doubt a very nice way for you to stay in the market and enjoy.

20  Economy / Economics / Re: Let's suppose that Bitcoin became universal (used everywhere you go) on: December 17, 2018, 07:06:05 AM
Bitcoin can never substitute for traditional fiat currency.
It was designed for different purpose and can hardly fit requirements put forward to fiat currency. If anything, there should be some new Cryptocurrency that will fit society needs and it will not be Bitcoin.

No, it cannot replace fiat, but I can admit that in 5-7 years, the cryptocurrencies will be used ion most places, including the land stores (not online shops only). For me, it will be very convenient.
Without Fiat we can not know the true value of bitcoin. Fiat make us know what bitcoin price is. And the best bitcoin can get to is to be a competitor to fiat and not replace it.
Actually this Bitcoin is the new updated form of decentralized money and it will be a universal and accepted world wide in future when everyone around the world would recognize its importance.
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