442
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Economy / Economics / Re: Question about inflation and debt.
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on: February 02, 2020, 06:15:42 PM
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A country that owes foreign currency will force them to repay the debt in the foreign currency it borrowed, and the money cannot be printed by itself, forcing it to exchange to get the desired foreign currency. The sell-off has no strategy to weaken their currency. There are many ways to repay. They may have to sell their reserves of other foreign currencies, metals such as gold, silver ... or sell the country's natural resources such as rare earths and precious metals... All debts must be paid if they print the money themselves to repay the debt, then inflation will definitely occur.
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443
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Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coin for Every Currency
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on: February 02, 2020, 06:06:36 PM
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The stable currency for all currencies is the currency that everyone can use to pay and all countries regulate and recognize their value. It is difficult to create such a currency because the biggest problem is who will issue the currency and based on what criteria to determine the value. Which countries have to use this currency to be obligated to prove assets or have a certificate to use this currency? This is a very difficult and difficult problem. I think it will take many years for the world to create such a currency.
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444
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Alternate cryptocurrencies / Altcoin Discussion / Re: Will BNB become the king of all coins
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on: February 02, 2020, 05:59:52 PM
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BNB is only valid for coexistence with Binance exchange and IEO organization on centralized trading platform. Decentralized Binance exchange has very low trading volume, and current BNB-based tokens are low in liquidity and several centralized exchanges are listed. BNB has the function of reducing transaction costs and receiving dividends as cash of other exchanges. Binance exchanges have a large trading volume so the dividends received for BNB ownership are also attractive.
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445
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Alternate cryptocurrencies / Altcoin Discussion / Re: Video Game Company Supports Cryptocurrency
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on: February 02, 2020, 05:53:32 PM
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We have had many projects related to the Game field and I realize that most of the projects are not working well and fail. A big and influential company like Ubisoft is sure to have an impact on users. But the biggest problem with cryptocurrencies is legal. Not all countries will accept cryptocurrencies and it is possible that the game will be banned or disabled for some payment features.
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446
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Bitcoin / Bitcoin Discussion / Re: Buying real estate with Bitcoin
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on: February 02, 2020, 02:57:46 PM
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Bitcoin is also a form of currency and its function for payment. I have heard in the past that I can buy a car, buy a coffee or anything the authorities allow. The case of real estate companies that allow Bitcoin payments is unlikely to be feasible and I don't know any company that can accept Bitcoin because of the unstable liquidity of Bitcoin. I think that Bitcoin should only exist in private agreements and when carrying out legal procedures they should be implicitly declared to be a legal currency. That means a Bitcoin exchange agreement between the owner and the buyer of the property.
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447
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Alternate cryptocurrencies / Altcoin Discussion / Re: I feared new altcoins might be left out
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on: January 31, 2020, 04:36:46 PM
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Currently, the safest investment is Bitcoin and all the remaining altcoins are at risk. 2017 was the golden age of Altcoin but through 2018 and 2019 we have seen their excessive value decline. We cannot foresee the fate of every altcoin but we have experienced that Altcoin will never be more stable than Bitcoin.
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448
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Bitcoin / Bitcoin Discussion / Re: John McAfee called BITCOIN as a Shitcoin!
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on: January 31, 2020, 04:33:31 PM
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He is exactly a madman. What he cares about is money and he has received money to advertise for projects running an ICO as well as projects that have gone into operation. Consequently, investors lost a lot of money because of Mc Afee's ads. Bitcoin has the old technology but the way Bitcoin operates ensures that Bitcoin is always decentralized. The liquidity of Bitcoin is quite good and we can convert Bitcoin to other currencies easily.
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450
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why Altcoins not Growing These Days
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on: January 27, 2020, 02:37:18 PM
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Bitcoin price increases and altcoin price drops are normal at this time. The entire capital of the market is orbiting Bitcoin. When bitcoin reaches a stable value, altcoins naturally grow. Altcoin is currently at its lowest level ever and I think it is time to buy into Altcoin. Most altcoins are bad projects. I can only trust projects listed on Binance. Most of them have better liquidity than altcoins listed on other exchanges.
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451
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Bitcoin / Bitcoin Discussion / Re: Bitcoin bank, Necessary?
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on: January 26, 2020, 04:34:15 PM
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Bitcoin was born as a currency to control itself instead of banks. Bitcoin cannot replace services like loans or deposits like banks but Bitcoin has better control over banks. I think it is not necessary to create a centralized environment like Bitcoin bank. There is now Binance that allows investors to mortgage other altcoins to lend their bitcoins to other investors.
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452
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: RVN good to invest ?
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on: January 25, 2020, 06:25:04 PM
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The first thing to comment on RAVEN is that this is a cryptocurrency created by Americans. They are very serious in creating and operating this project. Raven has survived and overcome the crypto crisis in 2018, 2019 to rise to the top 30 crypto on coinmarketcap.com. Raven is constantly updated on technology in their source page and media channels. The user community of RVN is very large, most of which are developed countries like USA, Germany, China ... I find Raven well worth the investment.
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454
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Economy / Economics / Re: Which currency will dominate the crypto market? Please vote!
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on: January 25, 2020, 03:31:18 PM
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Among the cryptocurrencies and currencies in the categories listed in the above list, I found that USD, USDT, Bitcoin and Ethereum have enough popularity and trading volume to become the most popular currencies in 2020. There was a period when Usdt had a larger transaction volume than Bitcoin. Among the currencies mentioned above are extremely good liquidity. I can easily exchange them on OTC exchanges at any time. And that is why I voted for them.
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455
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Alternate cryptocurrencies / Altcoin Discussion / Re: ICO legalities in 2020?
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on: January 25, 2020, 02:02:21 PM
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ICOs are never less attractive to us. The SEC itself has created a better investment environment to ensure that scams do not occur as massively as in 2017 and 2018. Crypto needs to be managed if it wants to survive and develop sustainably in the future. along with economic activities such as securities and real estate. Crypto is still a new and hot topic in the mainstream and unofficial newspapers of countries around the world. For large investors, the rules related to cryptocurrencies will affect their investment decisions.
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457
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Bitcoin / Bitcoin Discussion / Re: Selling milk tea for Bitcoin
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on: January 25, 2020, 02:03:52 AM
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I think the value of milk tea is very low and people will prefer to use cash in this case over Bitcoin or other cryptocurrencies. They send Bitcoin away, it takes a while to wait, and a small fee. Your idea sounds good, but I don't think it will succeed as expected. But anyway you have a good business idea and it would be a good way to advertise Bitcoin in your area. Good luck!
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458
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Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Safe Haven for Your Money?
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on: January 24, 2020, 09:01:27 AM
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I think that if I store Bitcoin in the next 5 years, the value of the coins I spent will be more likely to generate profits than losses. I myself have experienced how fast Bitcoin has grown in the past. Based on analysis and evaluation, the value of Bitcoin will soon reach a new record high. I strongly believe in Bitcoin.
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459
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Bitcoin / Bitcoin Discussion / Re: How Bitcoin became the decade’s biggest unicorn
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on: January 23, 2020, 06:45:02 PM
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Bitcoin has increased in value in an extraordinary way. Historically no asset class has been able to increase in value and have been known so quickly to the world. Probably because of the internet. In just 10 years Bitcoin has increased its first traded value by more than 26 million times. I can't imagine what the future will be like but for now I still think bitcoin will be a good investment in the next 5 years.
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460
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Economy / Economics / Re: what will happens if everyone has own currency, doesn't a bad for Economics ?
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on: January 23, 2020, 06:40:04 PM
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You know what there are so many people out there who tried and developed their own cryptocurrency but guess what? most of them are failed, no one was interested to buy their coins. Creating cryptocurrency it's not easy as people think, you can create your own but the value is determined by the demand and supply, so no need to worry about that it is nothing to do with the economic, the coin who brings benefit to the community will succeed.
Creating a shit coin is definitely the last thing you would want to do as a cryptocurrency investor. Most especially nowadays when people are much more focused on established coins on the market. It'll also oversaturate the market which is definitely bad for the ones that are already put up on the market. Take a look at the current crypto market. There are so many different types of tokens and cryptocurrencies. Most of them have zero liquidity and only a few have good liquidity and are frequently used by people. A currency needs a history to create value. The same goes for cryptocurrencies and it's even more complicated. In addition to being in circulation they also need to be recognized and have a strong development team. A country's fiat currency is run by governments and banks that help keep them in circulation. Cryptocurrencies will be a lot harder because they are founded and operated by private individuals. So to say that every individual creates different currencies and exchanges them is a crazy idea.
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