The best-selling financial book writer "Rich Dad, Poor Dad" said Bitcoin would replace the US dollar, which he called "counterfeit money." In the April Sane Crypto podcast, author Robert Kiyosaki said the practice of printing more money in America was to create bubbles that would explode. "I think the dollar is toast because gold and silver and cyber currencies will take it," he said. "The US dollar is a fraud. I think we are watching the end of the dollar. " https://www.youtube.com/watch?v=unvFvAUCZEUIf that is the case then there must be a solid proofs for the author to mke a judgement like this. This means that crypto or bitcoin is really powerful tht it can even outdue the dollar. If it happens then the bitcoin will be the most powerful currency. Because dollar is the number one currency and if bitcoin replaces it then this is a good thing for all the cryptocurrency users. This indicates that if it happens sooner or later bitcoin will reign all around the world.
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If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.
Got some point. But still saving is not easy. Practically speaking it is better if you invest your momey, because if you invest it will just stay in a place but if you invested it your money will circulate in the market. In short it is better if you invested rathertsn to save money. Aside from that saving is not easy therefore it is much better to have your money that is earning income.
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Market will go up high when demand increase. The more the demand the price will go up. We just need a very good news about crypto and I'm sure the price will go sore high.
I agree with this. This is what crypto meeds. More market. More people who are willing to invest into it. If the demand rise then probably it will help the market to rise again. It will surely help the market and the investors who are expecting for the market's rise. All investors are hoping for the market's jump up before the year ends. And cryptocurrency will not disappoint us.
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To be honest, I do not see any correlation between the price of bitcoin and the price of oil. Rather, the price of oil will affect on fiat currencies. The price of bitcoin depends on many factors, and when the market is firmly settled by institutional investors, there will be even more such factors.
I agree with this. I believe that there is no strong relationship between oil and bitcoin. There might be an impact to the world economy but there is nothing to worry about the market of cryptocurrency. There is no clear relation even though there some theory still there is no clear relation.
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in this time is ico is the secure way to invest or all the icos are scam ?
It is not necessarily all ICO are scam, there are still ICO who can produce profit and pays. It is about playing smart in where ICO to invest. You need to be wise in choosing because there are lots of ICO who only wish for their pwn benifit and it is not good. Threfore you need to be smart and wise in choosing where ICO to onvest.
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it seems like the price of Bitcoin has soared at the end of the year and dropped at the beginning of the year. various issues and factors that make Bitcoin prices go down this year. I only hope that next year there will be no issue that causes the Bitcoin price to fall again.
I guess the min issue here is the mentality of those who are in cryptocurrency. Those people who sell at the beginning of the year because this is what they do often. And durimg the end of the year they invested. It is like a cycle for them. And it ks not good in the market. Hope that they realize tht bitcoin is not just something in where you can play, but something that will help us in our life.
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Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one. Which elements I need to consider, the team? the product? the promoting technology? or something else? Thanks for any suggestions What you have stated is not enough to prove that the ICO you have chosen is really good. You still need to do research in able for you to find out how the ICO functions, it is reliable or somewhat credible or it is just a mere fake evidences that make this interesting. You need to be smaft in choosing at the same time do not look on the outside but on the inside.
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Peoples, market control the price. Supply and demand, more peoples to buy, the price will going up and vice versa.
This is true. It is the market of cryto. It is the investors, the people. It is a decision of everyone. That is why during market panic the market of cryptocurrency goes down because of people. It is all people that is involved to it. Practically peopl.who gets benifit to bitcoin or crypto.
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I once read for security wallet, this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet. If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses: Perform regular backups regularly Save the backup on another device like in flash or another computer. Use the encryption feature With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer. Do not forget the password Losing a password equals losing your money! Wallet does not provide a password forgot feature. Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-walletDo you guys have a better idea to avoid theft in the wallet? Your Knowledge and Ideas will be more helpful if shared. Those stated are the best way to secure your wallet. Those are very important because this helps us to be more secured, at the same time have a stable mind that there is nothing wrong that will going to happen to out wallet. It is very important to secure it because more hackers wanted crypto because of its potential.
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Found some technical analysis taken on ethereum and with the report, it is looking real good as it seems ETH has prepared to take on the train and prove itself once more that it is th king of alts. Well, lets hope the TA becomes real and we see our dearly ETH come up once again.
This will come true soon. Together with btc, etc rise. Therefore there is really a huge possibility that as bitcoin rise the ethereum will also. People do not need to worry, btc and etc are both kings of their own castle. They will rise and proves that crypto is still working.
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I believe that bitcoin is still a promising cryptocurrency for investment despite of the bearish market that has been experienced quite long. Despite of the investors worry because of the dips, I would suggest they should not worry in their btc investment as btc is expected to increase in the coming months.
This is true. Investors should stay positive in every way, because if they panic this will be resulted into chaos because their is a probability that will sell everything. Despite the problem the market is facing we should look forward, this month and the following month is the peek for cryptocurrency.
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How do you think banks make money, how does a bank make money to pay its employees and business operational? Does the bank rely solely on interest on loans from banks?
They earn because of the charges and fees and such. Banks are getting fees higher than others and that makes them create money. At the same time the interest of those credits from them, that is why long term savings to them because they can earn money through that. At the same time government are in favor of them.
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Because it is a guide to make your way for being a successful entrepreneur.Successful entrepreneur started in learning then after that is applying then success will come.Without proper knowledge how can you survive and understand the world of business.
Got a point. More often econimics deals with business but economics really is about how to solve scarcity. How to.manage the limited resources and such. And with the cryptocurrency, the economic situation will boost. Because not only matural resources will be saved. At the same time, economics serves as a guide in living at the fullest.
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From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.
We can say that there is anhuge possibility that the medium for using cryptocurrency will not reach rural areas. And that is the problem, but we cannot really say that those areas will not be reached by technologies. Time will come and people all over the world will rely on using internet amd that is the perfect time for crypto to reign. But as of the reality today, it is far to be true. But then we do mot wamt to close door to great opportunities.
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That's right still calm if you feel nervous and panic at the same time your investing here will go nothing so always hold all your coins then sell it in high actually when i'm newbie like you i always scared to do invest here in crypto but now that i already know what can happen here like the price go really high in just 1 week or more and i see it this september,november,december i feel confident now.
This is true. During the market instability or during the market falling, it is better to hold and calm. Because you will loss if you try selling it during the market's on red. So that it is better to wait for the market to rise again so that you will not be disappointed about selling earlier. Wait and wait, have patience.
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Yes, investing in bitcoin requires adventurous spirit. If you can't afford enough risk, your investment usually won't make much profit.
So true. Because if you enter in cryptocurrency, bitcoin is to be specific, it greatly deals with things kn which risk is a part of it. But soon enough it will be paid off. So there is nothing to worry. Especially it is bitcoin. Unlike any other coin, bitcoin does not have the possibility to collapse.
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I vote for buy Bitcoin. It's the first mover. You don't want to be in alts as the market turns because Bitcoin always leaves the station first. I'm finishing off my Bitcoin purchases this week. I think we are near the low.
This is 100% the best decision to do as of this moment. You can buy bitcoin because of its low price because of.low market, bjt soon it will rise again and all your effort and waiting will be paid off. That is the power of bitcoin, its own cycle that may seems to fool.you but rather test your patience.
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I would personally invest on altcoins but only as a way of daily trading, the drop didn't change their volatility as they keep rising in price every now and then, although there are mostly drops.
I agree with this. Because altcoin continusly rise at the same time it gives profit. No doubt about this. It aurely satisfies the users needs and wants. At the same time it has a low price but with the great opportunity. Coins have its own potential but be wise enough in choosing where coin to invest.
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I think the script will repeat, continue to drop sharply and have a high jump, may reach $ 15,000 by the end of this year.
I also think about this outcome. Bitcoin is really something, continuously proves itself on process. It has the cycle that itgoes down and down then in a rush it has a huge value again. And also according to research bitcoin will not going to let its market fall it is powerful that even other coins cannot beat it.
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when investing in the bank and usually in the form of money and money from time to time of course will be less in value. perhaps in my opinion it would be more profitable to make gold or silver as an investment. because its exchange rate has never decreased
Probably true. There are also terms and agreement in banks im wjich it limits your profit. Gold and silver is like cryptocurrency, it goes up. Banks is managed by rich people therefore its main goal is to make profit, unlike with gold and silver which is limited that is why its price goes up. And with crypto, it is a sure investment.
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