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221  Economy / Economics / Re: one question tickling my mind on: June 26, 2018, 08:36:30 PM
i have one question..

in 2011 bitcoins per 50,000 to 500,000 we spent for nothing, just pranking and stuff...

if one person kept 50,000 bitcoins in his account from 2011 up till now,

would the bitcoins still be valid for transactions?

It will be always valid for transaction, there are a lot of people today who are holding a huge amount of coins and they are all very wealthy so keep on holding your coins today in order to earn more profit in the future.
222  Economy / Economics / Re: Bitcoin price "drop" on: June 26, 2018, 08:31:32 PM
yes you are right, bitcoin prices are currently down the better you take advantage of moments like this to buy as much bitcoin as you can, a lot of people are experiencing panic and will sell bitcoin owned at a very cheap price.

Investing a huge amount right now is the best thing to do because it was guaranteed that you will be earning a huge amount of profit in the market when the prices goes back to normal.
223  Economy / Economics / Re: The Real Reason to Hold Gold And Bitcoin on: June 26, 2018, 08:29:15 PM
Because when you holding the gold in a long time the value of this is become higher and higher a years pass the value of gold is increasing. Holding bitcoin is a like a holding a gold but not exactly thesame because gold after a years pass the price become higher the bitcoin also become higher but price of it is not stable. But they have a  chance to earn a lot through holding bitcoin and gold.
In simplest term they are both valuable so we should not take them for granted, we already know them then it is time for us to have the next step for this kind of innovation and investment, if we will just let this passed by in our front then it would be a big loss in our part that is why we should always hold the opportunity and not just let it passed by.

I agree that they are both valuable but bitcoins will be so much profitable because we can always trade in the market to earn profit and exchange for fiat while gold takes time for its price to increase.
224  Economy / Economics / Re: Anybody know what happens when Bitcoin hits 21M circulating supply? on: June 26, 2018, 08:27:53 PM
Hi guys! So, yeah, as you must know already, all crypto has a finite supply meaning its not going to be mineable forever I guess, but what actually happens when bitcoin hits 21 million max besides it not being mineable anymore? Does this increase the value quicker? Let me know if you know, i dont know the answer and would love to hear what you have to say

It only means that the market price will keep on increasing even more because there will be a shortage in mining so the price will obviously increase even more due to a huge demand in the market.
225  Economy / Economics / Re: Beliefs about money and wealth on: June 26, 2018, 08:09:24 PM
Too much money makes people too greedy, some of those are the owners of the company who only think of themselves without giving their employees proper compensation because they only want htier business to make profit. That's why there are so much people who are not happy with their work but need to work for their families needs.

Money can make people greedy but still it depends on the person because anyone can use money for good like starting your own business in order to have more income on sustaining your daily needs.
226  Economy / Speculation / Re: What kind of price movement do you want for Bitcoin? on: June 26, 2018, 08:02:49 PM
Last year was one of my best trading years in Bitcoin and it was not because of the huge spike in the price towards the end of the year.

The price was steadily going upwards in small increments and I could buy low and sell high, almost on a weekly basis. Then something happened and the price went crazy and reached a ATH of +/- $19000.

I enjoyed the steady growth, because I could make small weekly profits. Now everything is upside down and with the same strategy I would be losing money on a weekly basis.  Angry

I was wondering what price movement would suit your investment strategy in Bitcoin the best?

I understand the economy and that something that was inflated like that, would have to go through a correction phase, but when will things go back to normal, so that we can start making small profits again? 

I prefer on having a small weekly increase every week because in this way, most of the traders in the market just like me will be having a very good amount of profit in every week in order to sustain their daily needs.
227  Economy / Economics / Re: Bitcoin and Disable person on: June 26, 2018, 08:01:36 PM
This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.

This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.

Disabled person's are just fine because there are a lot of people today in the corporate world who are having a small salary so for those people who are disabled, they can still use cryptocurrency for trading or work on bounty campaigns to have income.
228  Economy / Economics / Re: ROI biggest opportunity - BTC / ALT? on: June 26, 2018, 07:59:31 PM
At this time when Bitcoin and crypto tethers on the bring of bull run or a
Recovery from its languishing around $6k should we be concentrating
more on BTC rather than ALT's?

If most people are here for the medium to long term outlook isnt is BTC
which will provide the biggest ROI?

Bitcoins will always have the biggest ROI that can provide you aside from other cryptocurrency, because the market price do really have the potential to grow even more due to demand of the community for cryptocurrency.
229  Economy / Economics / Re: When is the best time of the day to study about Economics? on: June 26, 2018, 07:53:47 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?

If you are asking the best way of studying not just economics but every kind of information then it depends on you, you can study day or night but the learning curve will be depending on how good you can adopt things so easily if you have a natural talent.
230  Economy / Economics / Re: Why most bitcoin users from good economies countries? on: June 26, 2018, 07:52:06 PM
They have everything to support bitcoin growth that is a solid economic strength and people's trust for new things is very strong. They are confident in their choice
Yup the people in the good economic countries are trusting new ideas and more innovative projects because they are used to invest or believed in those things because their country is improving because of that way of thinking and that is why they are also adopted that thinking and using it in terms of using their money to invest.

Just like how japan today is using bitcoins to improve their own economy and they are legalizing cryptocurrency because they knew that it will bring wealth to everyone if they will allow their own people in the community to use it.
231  Economy / Speculation / Re: Bitcoin, the highest fall in the year 2018 on: June 26, 2018, 07:49:03 PM
Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?

Bitcoin will not having the highest fall in this year because the price has managed to increase from $2k dollars to $19k last year so there is no chance for bitcoins to drop so hard this year like going back to $3k.
232  Economy / Economics / Re: Do you think there is institutional manipulation of the Bitcoin price? on: June 26, 2018, 07:43:34 PM
We have seen reports lately that the US Justice Department has opened a criminal probe into alleged price manipulation of

Bitcoin and other digital currencies. We have seen for months now that the Bitcoin price cannot get momentum and as soon

as there are positive signs that it is recovering, then it drops down again. In many of these instances there are no negative

news that would have triggered that downward spiral. There are also no Alt coins with significant growth during these times,

 for us to say that these Alt coins are the trigger behind this. The only logical conclusion for this is that someone or a group of

people are "killing" the correction phase of the Bitcoin price.  Angry

Do you think there are some sinister agenda behind this or is this just Bitcoin whales doing their normal thing?   

In my own opinion, the only reason for the price of cryptocurrency to be manipulated is through hackers just like the news last few months ago when some koreans try to manipulate the market price by hacking.
233  Other / Off-topic / Re: Do you have another job besides being a Bounty Hunter? on: June 26, 2018, 07:38:41 PM
I understand that being a bounty Hunter can make money and improve the family economy, but do you have other jobs? because if I just rely on money from Bounty I think it will not be enough.


Being a bounty hunter will guarantee you to earn more income yearly but you can still apply for a job if you are interested of earning more income monthly to sustain your daily needs.
234  Economy / Economics / Re: you gotta wonder why they are worried about your money! on: June 26, 2018, 07:33:16 PM
these days we keep seeing how these throw away accounts here are warning you to sell your bitcoins and how you will lose money,...

you have to wonder why they are so worried about your money and don't want you to lose it so they are telling you to sell your bitcoins LOL.

you gotta ask WHY? what's in it for them if you sell.
i am not saying you should hold. i just want to raise the question that you should have been asking all along about those who create multiple throwaway accounts every day to say the same thing over and over again...

They did not actually care about your money but they want for  most of the people to hold their coins more than selling it because people who keep on selling their coins will only make the price to dump even more in the market.
235  Economy / Economics / Re: Why the price of bitcoin rapidly going down on: June 22, 2018, 04:43:00 PM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

The price in the market is depending on demand and supply so obviously, the reason why bitcoins is going down is due to people who prefer to sell their coins more than holding it today or there is a fud which is fake news that is spreading in other countries which changing the mind of every investors to sell their coins.
236  Economy / Economics / Re: How much money and bitcoins do you need to influence the price? on: June 22, 2018, 04:36:21 PM
So, the latest buzzword in Bitcoin is manipulation. Has anyone worked out how much money and bitcoins is needed to trigger

a change in the buy and sell behaviour of traders on exchanges? I know the Silkroad Auction did not make a significant impact

on the price and the same goes for the odd coins that were sold from the MtGox hoard. How many coins can individuals dump

on exchanges to push the price down like this? How long can they sustain such an action to sabotage the price? These are

questions that are very relative at the moment.  Roll Eyes

If the SEC says that the high price increase of last year was manipulation, then they must bring the proof. Let's do our own

informal assessment of the situation and determine what would be needed to cause that kind of a spike in the price.  Wink

If you want to influence the price or to change the either it will be dumping or pumping then it will be depending on the coin, the prices of bitcoins today is dumping because there are a lot of people who prefer to sell their coins on the market more than investing.
237  Economy / Economics / Re: Reason we pay taxes and why we should on: June 22, 2018, 04:29:58 PM
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.

In my own opinion, paying taxes is just fine as long as the funds will be going to use to improve the economy, the only problem are the governments who are corrupted and the money is going straight to their pocket.
238  Economy / Economics / Re: Is the government really scary? on: June 22, 2018, 03:56:20 PM
Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit
crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating.
You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family. Wink

In my own opinion, governments are not scary, they will not be able to decrease the amount of investors of cryptocurrency just like how they fight drugs, if people will still prefer to use cryptocurrency more than fiat then they cannot do anything about it because people will still use bitcoins if they are getting more income from it.
239  Economy / Economics / Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price? on: June 22, 2018, 03:44:51 PM
So many crypto currencies are coming UP . They are much cheaper  than Bitcoin for now. It is so hard to decide  which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?

Try to invest a huge amount today while the cryptocurrency prices are still down because when the market prices goes up again then you will be earning a huge amount of profit.
240  Economy / Economics / Re: market refresh or just a pump ? on: June 22, 2018, 03:39:50 PM
I can only see the unfavorable market conditions for now and prepare my money to invest in large amounts in July or August. my prediction price will decrease until August and return well in september until december.
well i do think the price soon will bounce again. Its good for short term investment and i do think around October- december there will be good trend coming out. Indeed still now is a good time to buy at a low price.

Yes you are right, the market prices will soon to increase again and that is the reason why you should just hold your coins today, the history will repeat itself and bitcoins will reach or surpass $20k dollar before the year ends just like what professional crypto analyst are expecting.
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