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November 17, 2018, 08:46:10 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
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1  Economy / Economics / Re: the future real money on: November 15, 2018, 11:37:04 PM
[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]

Digital money transactions will sure take over the fiat transactions as time unfolds. The operations of cryptocurrency are connected strongly on the blockchain technology, so real money can still have its areas where it is applicable and relevant
2  Economy / Economics / Re: Technology improves we work more. on: November 15, 2018, 11:29:23 PM
The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher.  They are working for much lower wages and longer hours.  Its next to impossible for millenials to purchase a house on their own.  Something here itsn't right, Capitalism?

I do understand that quite a lot of persons are really finding it diffurlty to make ends meet. With the level of technology we have at the moment, technology isn't made available for all and sundry as only the rich are still able to own them.
3  Economy / Economics / Re: The US dollar is gaining strength on: November 15, 2018, 11:19:53 PM
I believe all is being possibly done to make the US dollar gain more value against the bitcoin at most. This is also part of the reason why we have the US tether to help gain price rule over the bitcoin. I believe work is continually going on to ensure the US dollar makes a grand come back.
4  Economy / Economics / Re: I became suddenly rich thanks to Bitcoin. do i deserve on: November 15, 2018, 10:52:17 PM
You are definitely not the only one who got suddenly rich via the bitcoin/cryptocurrency involvement. There are lots of persons who have also been made wealthy too with real results to shiw for it. You should also know that a lot of people have also become genuinely rich through hardwork and opportunity to access to good information at the right time and place. So, do feel well with your self as it is well deserved.
5  Economy / Economics / Re: The future of the market on: November 15, 2018, 10:39:38 PM
The future of the market is dependent on the realization and implementation of the present ICO projects being advertised now. Also, as long as the bitcoin still has the volatility characteristics, the market can't be stable or likened to the stock markets. The bull run  isn't happening for now until the world economy requires to again.
6  Economy / Economics / Re: Young people will drive Bitcoin adoption more than the older generation. on: November 15, 2018, 11:59:04 AM
As much as the older ones have been in existence before the youths and have an established pattern, the youths can help bridge the gap of connecting the older ones with the latest technology which I believe has remarkable results to show it on how things can be done better and faster too.
7  Economy / Economics / Re: Paper Money - The Greatest Scam on: November 15, 2018, 11:52:43 AM
I would say that paper currency is the greatest scam ever to enslave mankind.

Bankers charge interest for a thing which has been created out of thin air.

The paper currency gradually decreases in its value due to inflation over time.

So naturally people tend to move towards cryptos which are free from inflation and the bankers and big economists once again want to pull back people to the traditional enslaving system.

Now the choice is yours.

Enslavery or Financial Freedom?

Think Wise and Twice.

I did have my understanding and mindset change some few years ago when I heard a sermon  as regards paper money. It is not the real value of a thing but just a ledger tender! It is only an acceptable means of exchange and should not be strived at getting but strive to get value and money of different worth can get to you.
8  Economy / Economics / Re: Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time 2018 on: November 15, 2018, 11:47:43 AM
Well, another brighter perspective to this is that a lot are waiting for the dips to have an entry level. A colleague still mentioned to me that he is waiting for Ethereum to dip to 150$ so he can buy up to 5units worth and later do a sell off later. So, the market dips not necessarily meaning poor market but could create openings for Investors to come in too.
9  Economy / Speculation / Re: BTC is falling !! on: November 15, 2018, 10:57:34 AM
Today is very shocking and might panic many people. BTC falls at the price of $ 5770, what do you worry about this situation??

I am still unperturbed! Maybe if the price goes way below 4,000$ before I can become worried. But for now, I still see this price dips as normal for now but not necessary for people to fidget about it. The market will adjust itself over the weekend I believe.
10  Economy / Speculation / Re: Get ready for the bull market!!! on: November 15, 2018, 10:41:30 AM
Lost your hope?

Wanna quit?

No more HODL?

2018 is the ultimate patience game. Don't feed the whales...

Like the motivation here! The best anyone can do is to watch the market from afar and don't get too connected/sentimental about the frequent dips but setting one's gave on the better days ahead and the earnings to be made soon. Also, you can get something really good on the physical to get busy with while you wait/hodl!
11  Bitcoin / Bitcoin Discussion / Re: Binance Transferred out 110,000 BTC on: November 15, 2018, 10:30:16 AM
Monitored by, a Binance wallet address starting with 16ftSE sent 109,234 BTC to a wallet address starting with 34xp4v.
What gonna happen...

As much as this isn't well explicit as to where it is exactly moved to; I don't think it is what has explained the present sharp dip of the bitcoin price in general. We have claims that bitcoin  taken out from some exchanges have contributed immensely to the current market dip experienced in this year but there are other ways to have it resuscitated.
12  Bitcoin / Bitcoin Discussion / Re: how governments can regulate digital currencies? on: November 15, 2018, 10:22:42 AM
Though it’s easy to see why governments would want to regulate the movement of digital currencies, the reality of doing so is much harder. A lot of wallets have no identification to them and rest on a server in a third party country. In the case of offline wallets in devices such as the Ledger Nano, they’re not connected to any is it possible to regulate ?

A very good way in government getting to regulate the digital currencies is for them to get fully involved! When they do, they get to know how things are done. Those with offline wallets can be charged via transactions made whenever they do come online to make any transaction.
13  Bitcoin / Bitcoin Discussion / Re: HAS BITCOIN REALLY STOOD THE TEST OF TIME? on: November 14, 2018, 10:01:18 AM
For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the  biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.

For me, I will say bitcoin has really stood the test of time going by its 10years time spent and still has a higher value over any of the fiats! Though its fall has been a mega one but still had a resistance level with which it has used to have a hold at the moment. A lot of some digital currencies have come and gone, some businesses have been set up and crashed also but bitcoin is still standing today and not just standing but with a reasonal value compared with other fiat or altcoin!
14  Bitcoin / Bitcoin Discussion / Re: Inquiry about Bitcoin ETF and institutional investors on: November 14, 2018, 09:34:38 AM
The ETF release has been what the cryptocurrency world have been waiting for all this while; with the believe that it will surely set the bullrun open! The major reason why the SEC have opposed the ETF's release is because they have seen and termed it as a market manipulation! Most Investors are finding a real soft landing option of coming into the cryptocurrency market and with minimum risk threats on their investments.
15  Economy / Economics / Re: Central Bank of Crypto-Currency on: November 08, 2018, 09:53:15 PM
The central bank of cryptocurrency for countries is a welcome idea but it will take time really for the developing nations to have this setup in their country as other modalities have to be fully in place to sustain its operations. so, I don't see it happening any time soon in some African countries despite their high involvement in cryptocurrency.
16  Economy / Economics / Re: Cryptocurrency - future? on: November 08, 2018, 09:42:28 PM
What do you think will happen with the cryptocurrency in the future?

The future really entails a lot of exploration to be done and discovered. A lot of wealth still to be spread abroad the globe. The excitement of new projects that will be embarked on and achieved with the help of the blockchain technology and really much more.
17  Economy / Economics / Re: ICO Investments Why Risky? on: November 08, 2018, 09:34:39 PM
The part of doing your own due diligence of a background check on the ICO is very important. A good check study should be conducted to check on the history of the team, advisors of the project and know the level of credibility that can be awarded to them. The future prospects of the project should also be considered. All these and much should be adequately checked to reduce the risk in ICOs.
18  Bitcoin / Bitcoin Discussion / Re: Let's make more companies to accept bitcoin payment. on: November 08, 2018, 04:25:08 PM
Let's make more companies to accept bitcoin payment.

I have send email to some companies in the UK to ask them to add Bitpay as a payment option.

Let's start an Operation Bitcoin. All of us send emails to companies to ask them to accept bitcoin.  Smiley

I don't think companies can be easily swayed into having bitcoin as a form of payments on their transaction platforms. Probably if most of their topmost customers come together and make this request and with all financial protocols duly observed then the companies can have this considered and adoption of bitcoin payments can come into full play.
19  Bitcoin / Bitcoin Discussion / Re: Bitcoin's impact on: November 08, 2018, 04:08:11 PM
There are quite some remarkable impact and feats the bitcoin has been able to achieve since its birthing till date. A close analysis is what I have been able to observe clearly around my environment. I have seen a colleague that got real earning of a lifetime for his business and a good number that have gotten a continuous livelyhood from the bitcoin/cryptocurrency earnings.
20  Bitcoin / Bitcoin Discussion / Re: Have you recently introduced bitcoin to someone who didn't know about it? on: November 08, 2018, 03:47:51 PM
I talk about bitcoin a lot and lately I've found that a lot of people know about it, but it seems to be a generational thing. Bitcoin much more easily reaches younger people. That being said, you shouldn't assume that everyone already knows about bitcoin or understands even the very basic ideas behind why we need such a thing.

I've introduced bitcoin to a lot of people and generally I don't tell them to invest. I tell them a little bit about why I'm excited about it and I explain to them its properties and inner workings to the extent I understand them and to the extent that my listener doesn't lose interest.

Quite a number of persons have heard about the bitcoin and cryptocurrency as a whole; the knowledge they have isn't a detailed in a bit but knowing bitcoin from afar off. I did speak with someone about it last month and in less than a week's time, the person already bought some few units to my surprise. I want to believe that with the right tutoring and education on cryptocurrency, people will be able to invest wisely too
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