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121  Economy / Economics / Re: bitcoin in developing countries on: July 24, 2018, 11:00:34 PM
at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

Bitcoin can actually improve the economy of a country if governments will just accept cryptocurrency in their area, this is the reason why japan is allowing their own people to invest on cryptocurrency.
122  Economy / Economics / Re: Wise thing to do with your savings. on: July 24, 2018, 10:59:44 PM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

The best thing to do with your savings is to start your own business because in this way you can have a passive income that you can use for your daily needs in order to have a stable income.
123  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 24, 2018, 10:58:34 PM
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?

The government of a certain country know's if cryptocurrency will be a good asset for their country or not and that is the reason why government's of the country will not accept cryptocurrency immediately to circulate in their area.
124  Economy / Economics / Re: You're not wealthy yet, so you're not allowed to be wealthy on: July 24, 2018, 10:55:06 PM
The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.

Disclaimer: I'm not a US citizen, and I've not read that law

People can always working on bounty campaigns in order to earn more income that they can use for living, this is the reason why other workers in the corporate world are preferring to use cryptocurrency.
125  Economy / Economics / Re: What are your plans for the next 5 years in Finance? on: July 24, 2018, 10:53:23 PM
I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?

The best plan you can made is to start your own business because in this way you will be able to maximize you earnings monthly depending on how hard you work each day.
126  Economy / Economics / Re: Feeling bitter in banks? on: July 24, 2018, 10:52:41 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

Banks are bitter on cryptocurrency because they knew that it was a threat to their business and people will obviously choose to invest on bitcoins or other cryptocurrency more than placing their money on banks.
127  Economy / Economics / Re: Bitcoin business success on: July 24, 2018, 10:51:58 PM
I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?

Most of the ico's today are being success because of their own marketing strategy plus the developers that are working hard each day in order to make the project successful.
128  Economy / Economics / Re: When is the best time of the day to study about Economics? on: July 24, 2018, 10:51:11 PM
I am currently enrolled in Bachelor of Science in Business Administration and we have this subject called Economics, I just want to ask when is the best time to study about Economics (and also other subjects). Is it better to study at night or early morning? What's your study routine guys?

In my own opinion, there is no best time for studying but you can always use google to search for a very legitimate information, studying is depending on a person mood of learning.
129  Economy / Economics / Re: Investing in Bitcoin? Advantages and Disadvantages on: July 24, 2018, 10:47:23 PM
While browsing the net, I have stumbled on an interesting article were all the advantages and risks related to investing in Bitcoin have been laid down. An excellent, and informative read: http://cryptodetail.com/page/risks-of-investing-in-cryptocurrency

The market for cryptocurrency is volatile so the advantage and disadvantage will always be depending on how much investments you have made because there is always a risk on how much you invest on the market.
130  Economy / Economics / Re: What happnes to BTC,if the oil price goes up? on: July 24, 2018, 10:45:03 PM
The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?

Oil price will not contradict the value of bitcoins because they have different genre of market, bitcoins is a cryptocurrency so it will always grow depending on the supply and demand in the market.
131  Economy / Speculation / Re: Buy Bitcoin now on: July 20, 2018, 11:57:58 PM
🚨«Buy Bitcoin now!»
 🔸Dan Morehead, the founder of crypto-oriented investment firm Pantera Capital Management, says now it’s a good time to buy Bitcoin and other cryptocurrencies.
 
🔸“Get invested now so that in three, four, five months when the institutional, quality-regulated custodians that we're hearing about come online, they'll already have their positions,” he added.
 
🔸According to Morehead, investors could buy a cryptocurrency once it breaks its 230-day moving average, which is a technical indicator, and hold it for one year. This might generate an average 239% return, he says.

Buying bitcoins right now is the best thing you can because the market prices are currently decreasing and you will surely earn a huge amount of profit when the market price goes back to normal.
132  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ICO investment still worth it? on: July 20, 2018, 11:45:24 PM
For the past two months almost all the ICOs i have invested when they get listed on exchange, they are reduced by about 300% of the price i bought it. Those who buy after the ICO tend to gain more profit than we the early adopters. Now am confused whether i should continue with ICO investments or stop. Guys what do you think

In my own opinion, yes it was worth depending on the coin you are planning to invest because not every cryptocurrency in the market does have the potential to grow.
133  Alternate cryptocurrencies / Altcoin Discussion / Re: Be contented with what you have on: July 20, 2018, 11:44:12 PM
Slow and steady they say wins the race. Do not be in a haste to make it big in the crypto world. There is never a shortcut to success. Be contented with whatever you gain at every point in time.
Do not look down on yourself because you see others make it big. A drop of water makes a mighty ocean.
Your gain might seem to be small today.
Your portfolio might not look so big.
Just in a moment and with little more patience, your portfolio will see the brightest light and be filled above your imaginations.

In my own opinion, investing a huge amount on cryptocurrency is just fine as long as you are willing to hold the coin until it grow and you can bear the market prices while it was dumping.
134  Alternate cryptocurrencies / Altcoin Discussion / Re: How to recognize scam on: July 20, 2018, 11:42:25 PM
You are looking for good project and ignore scam project, you have to focus on project, which type project and member. How they answer your question (about project), how active they are and who are they???. How they show up or not in different social network as they promised. Right now scam project are many, so you have to keep an eye open.

we need to be active in the conversation so we know how good their project and how they response the question from the people. following their news is a good solution for you so you can know what exactly they doing with their project and don't forget to read their whitepaper as we can see what is their purpose in the long-term. many things that we should do before we can know the project is a scam or not so we can choose the right project to invest.

Before investing a huge amount, you can always check the white paper if their platform will be successful or not in the future, in this way you can avoid investing into a scam campaigns.
135  Alternate cryptocurrencies / Altcoin Discussion / Re: Scam coins everywhere. on: July 20, 2018, 11:40:50 PM
It really is hard to believe that there are some ICOs who are intended to scam people. There are all hypocrits and rely on the weakness of people especially those who are new to bitcoin. So sad.

In my own opinion, scam coins are very easy to determine because by just looking on their project, you can always notice if the project is scam or not.
136  Alternate cryptocurrencies / Altcoin Discussion / Re: I think that we should consider ICO as Start-up on: July 20, 2018, 11:28:59 PM
When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


Ico's are considered as a startup company because they are starting a business which everyone are going to invest in order for them to be wealthy in the future and it was like a money laundering types of company.
137  Alternate cryptocurrencies / Altcoin Discussion / Re: Are bounty managers to be blamed? on: July 20, 2018, 11:23:41 PM
So ones again we have been scammed by another ICO known as Uchit. Now people have started raining insults and curses on the bounty manager that he has led them to be scammed. Despite the numerous apologies from the manager, bounty hunters do not seem to understand. Now my question is, do you think bounty hunters must be blamed when we are scammed because they knew what the ICO was up to, even from the beginning?

Some of the bounty managers are really stealing the rewards because it was a huge price in the market but some managers are really trusted because they knew what will be the outcome.
138  Economy / Economics / Re: Beside Cryptocurrenices where would you invest? on: July 18, 2018, 07:21:05 PM
A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input

In my own opinion, cryptocurrency is the only best thing on where you should place your money because the market prices is volatile and you can earn a huge amount of profit by just trading in the market.
139  Alternate cryptocurrencies / Altcoin Discussion / Re: How useful is bounty programs to the overall success of icos? on: July 18, 2018, 07:20:12 PM
Is bounty programs impacting negatively or positively to the success of icos?

Bounty programs today has a higher chance of being success because people are investing a huge amount due to the hype in the market and different positive speculations.
140  Economy / Economics / Re: Bitcoin volume is still rising ? on: July 18, 2018, 07:17:35 PM
Do you think Bitcoin still on the rise in terms of market capitalization ?

The market price today are actually increasing so it only means that the volume of bitcoins in the market is slightly decreasing because there are a lot of people who are actually investing today.
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