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81  Economy / Economics / Re: Bitcoin and Future of Economy! on: June 19, 2018, 11:41:07 PM
        Bitcoin can be said as the future currency because it can be used as real currency and it is a digital currency that helps in transaction of currency with ease and low fees so everyone will entertain Bitcoin .It helps to send money for the loved ones who are working abroad without a third party interference .Bitcoin has helped in difficult situations like 2016 the value of fiat currency depreciated due to inflation, hyperinflation, political instability ,and economic policies .
82  Economy / Economics / Re: A small village strengthening it's Economy by cryptocurrencies. on: June 19, 2018, 11:13:23 PM
      In Japan a small village is trying to strengthen it's economy by cryptocurrency it is a small village named Nishiawakura and there are only 1500 villagers people in this village depends upon forest since 95% of this place is forest area . Japan has accepted Bitcoin transaction as legal and friendly approach towards Bitcoin . they are more intelligent and more techie's with good knowledge they understand and is more intelligent to divert new technologies for the growth of their economy.
83  Economy / Economics / Re: Bitcoin's High Volatility on: June 19, 2018, 01:17:26 PM
 The volatility is measured by the variance of price in the financial instrument within a period of time . It is based on the risk level a high level of volatile is regarded as risky level and less volatile is less risky . So if you are going to invest or trading we have to understand the volatility of Bitcoin and other cryptocurrencies. according to my concept Bitcoin is more volatile than fiat currency .While Bitcoin remains uncertain the technology created is important . The concept is that we need no third party involved in Bitcoin.
84  Bitcoin / Bitcoin Discussion / Re: Will bitcoin go under regulation on: June 19, 2018, 07:12:05 AM
          The government will implement regulations towards Bitcoin since it is a digital decentralized currency only the user himself is responsible in the transaction no other third party takes part in the transactions. There are different ways for the government to influence the price  of cryptocurrency they can regulate by making assets scarce by imposing controls on it as gold has been restricted in importing in several countries . Government can regulate the price of assets through buying and selling actions in international market all these actions will not affect in Bitcoin since it is a decentralized  . Even though Bitcoin goes under any regulations nothing will happen to Bitcoin .
85  Economy / Speculation / Re: Will Bitcoin remain dominant on: June 18, 2018, 12:33:23 PM
   According to my view Bitcoin will remain dominant because Bitcoin is the worlds first and famous cryptocurrency ever known . Bitcoin has the highest market capitalization and Bitcoin is remembered as the first cryptocurrency and the coin that brought us to the blockchain technology .Bitcoins massive fall of first time that the market got the sense of vulnerability Bitcoin is used as the worlds cryptocurrency for investors . Bitcoin is the most expensive even with a minority people, trust in Bitcoin is the trade secret of Bitcoin so Bitcoin will surely remain dominant all over the global system.
86  Economy / Economics / Re: Bitcoin plays a vital role in the economy on: June 18, 2018, 10:42:42 AM
         I agree that Bitcoin plays a vital role in an economy  in some countries government tries to ban crypto market because they do not understand what is Bitcoin and they doubt because this Bitcoin is a digital decentralized one and no other third party interfere in the transactions of Bitcoin . In developed economy the government agree with the transaction of Bitcoin they open the gates towards crypto world and that country will become one of the most developed country in the world.
87  Economy / Speculation / Re: Is bitcoin price can be manipulate by the others? on: June 17, 2018, 06:45:08 AM
  In the field of finance price manipulation is not a new one to hear it is a known fact even in stock market that  have not been eliminated from manipulation . Manipulation may also be a major interest in Bitcoin crypto ecosystem . A few years ago people were aware of Bitcoin they didn't even think about Bitcoin will become a valuable asset in the coming years and didn't even think that there will be any manipulation .
88  Bitcoin / Bitcoin Discussion / Re: is Bitcoin used to extort people? on: June 14, 2018, 11:01:48 PM
        In the new era of technology people were misusing Bitcoin to claim ransoms from people with crypto coins as a pay off since Bitcoin is a decentralized network and there is no identity of the users is collected and the anonymity of the cryptocurrency it is used in ransomware attacks . I don't think  that only Bitcoin can be used for criminal activities only criminal activities have been operated with fiat currencies too we have seen several medias spreading news that using Cryptocurrencies are not good .
89  Economy / Economics / Re: bitcoin in developing countries on: June 13, 2018, 03:35:15 AM
        Bitcoin has the potential to help in developing countries for example Bitcoin can help to reduce poverty,hyperinflation , job seekers, etc by the help of modern technology that is blockchain technology. The united nation is using cryptocurrency to help the poor the" world food program" had send funds to the refugees in Jordan in the year 2017 they started sending ethereum . The UN is planning to send direct cryptocurrency payment  in future .Bitcoin is a decentralized one so the transaction is done with peer to peer without a third party.
90  Economy / Speculation / Re: The real problem of bitcoin price decline on: June 12, 2018, 09:17:40 PM
      I don't agree that Bitcoin price is declining there may be some fluctuations in the value still we don't know the accurate price of Bitcoin. The price variation happens naturally  when the demand is high the price increases and if the supply is high the price decreases since in Bitcoin there is a limit of Bitcoin that is only 21 million is only developed for mining . The problem for the decline of Bitcoin is the news spread all over about good and bad about Bitcoin .
91  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: June 12, 2018, 02:01:15 PM
    Bitcoin is a new form of economy that is found contrary to the current financial concepts . Bitcoin is linked with modern technology that is useful for the people world wide. Bitcoins features are most attractive like strong network systems and blockchain  technology these are very secure for the system .Bitcoin has helped in the troubled economy of different countries like Greece,Brazil,Japan,Venezuela etc;,Bitcoin will not affect inflation at all Bitcoin helps against starvation and helps in the economic growth.
92  Economy / Economics / Re: How can we make this world economically better? on: June 12, 2018, 02:46:14 AM
            According to my concept Bitcoin  can help to make the world economically better .Bitcoin is a decentralized currency that gives freedom for the users since it is not controlled by any government . Since Bitcoin needs no third party involvement in transactions of currency it can raise the living standard of the people .Since Bitcoin is a decentralized cryptography there occurs no extra expenses for the transactions all over the globe and hence it can help to liberate poverty by providing access to the capital.
93  Economy / Economics / Re: Blockchain will help Economy. on: June 11, 2018, 10:47:47 AM
 The blockchain technology will actually help the economy since in blockchain technology the transactions are recorded from the manufacturer to the buyer .There is no chance for black money  to flow since all the transactions are recorded in the blockchain . There is transparency in the transactions transparency is needed for an economic growth, the transaction is done fast since there are no third party influence  so transaction fee is low compared to fiat currency  since all transactions are recorded in blockchain  no theft  happens.
94  Bitcoin / Bitcoin Discussion / Re: Bitcoin will get legitimacy in all countries? on: June 11, 2018, 01:14:38 AM
       Bitcoin was introduced to the public on the year 2009 from the introduction till now there has been many debates about Bitcoin it is a common factor that when a new thing is introduced there will be many debates about the faults and defaults . So however, Bitcoin legitimacy  varies on depending on the country ;since Bitcoin is based on the faith and trust in the computer  it is difficult to say a precise answer that how welcome is the use of Bitcoin in different parts of the world.
95  Economy / Economics / Re: Making crypto succeed in the real world? on: June 10, 2018, 05:54:07 PM
    In Bitcoin the transactions  the cost is low and there is no third party interference in the transactions it is a peer to peer deal only with the user and the trader .In developing countries Bitcoin currency can succeed as real money .Bitcoin can be useful in places where government impose strict rules  on the use of fiat currency's .The prices of Bitcoin is based on the supply and demand of Bitcoin and its nature is anonymous. These all are the features are making crypto succeed in real world.
96  Bitcoin / Bitcoin Discussion / Re: the benefits of managing bitcoin on: June 10, 2018, 03:09:05 PM
          Bitcoin is the first and famous cryptocurrency in the globe and it is a decentralized one that is operated without an intermediary  . This technology is operated on a blockchain technology and it is a peer to peer type of transaction done all over the world . Bitcoin is a digital currency so it can be mined . The benefit of the Bitcoin is that the transactions can be done with low fees because there is no third party influence in the transactions the other benefit is its anonymity so no identification is required .
97  Bitcoin / Bitcoin Discussion / Re: Things you should know before investing in bitcoin on: June 06, 2018, 10:25:07 PM
Bitcoin is a major crypto currency which is found more powerful in the market. The investor should fully aware the in and out of the object prior to the investment.This is a new form of economical concepts which are totally linked with the modern technology mean time it is contrary to the current economical system.The originators has introduced it in the market has ensured its security and the credibility by incorporating its valuable features such as decentralized one,anonymity, electronic ledgers with the block chain technology.These attractive factors are the notable features of bitcoin to become more popular one in the market.
98  Economy / Economics / Re: Why most bitcoin users from good economies countries? on: June 06, 2018, 06:34:36 PM
 Bitcoin users are from good economies countries because the people are well educated and they may be well aware of modern technologies .Bitcoin the most famous cryptocurrency  enables digital transactions between two members without any intermediary. Every transactions are recorded in the block digitally that acts like a ledger. All blocks are connected to each other so that nobody can alter it .Bitcoin users are mostly from economically developed countries having minimum required education and living facilities through the state government so Bitcoin is globally attracted for the daily requirement .
99  Bitcoin / Bitcoin Discussion / Re: why do governments don't make BTC illegal worldwide ? on: June 06, 2018, 01:46:59 PM
  It is not an easy way to ban BTC for the government  since it is accepted by economically  and technically developed countries . Government cannot shut down Bitcoin through technical means also since it is operated through the means of internet only and it is a digitized and decentralized in nature. The only way to ban Bitcoin is  by spreading rumors about Bitcoin and the negatives of Bitcoin into the mind of the people  so the people may keep away from  Bitcoin.
100  Bitcoin / Bitcoin Discussion / Re: Which is more risky? Bitcoin or bank investment? on: June 06, 2018, 02:07:07 AM
           To my experiences bank investment has been more risky  banks they have the privilege of taking off our hard earned money for certain purposes but this is not in Bitcoin we get more benefits from Bitcoin  and we can get profit from Bitcoin .since Bitcoin is decentralized one and no intermediary it is safe and easy to use and saves time for transactions but this is not experienced in fiat currency . Even if we feel that Bitcoin is not risky I recommend not to invest all your earnings in Bitcoin .
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