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Economy / Economics / Re: Can Bitcoin End World Poverty?
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on: December 27, 2017, 07:08:47 PM
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I donīt think that bitcoin will end world poverty. That is a structural problem that the world has. Bitcoin will democratize the financial system and make it more accesible. But poverty is another matter
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Economy / Economics / Re: Is Bitcoin a Bubble?
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on: December 27, 2017, 12:58:27 PM
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It is not a bubble...we are in a speculative stage but it will stabilize. That is where the bubbles becomes the normal way
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Economy / Speculation / Re: I'm still confused?
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on: December 26, 2017, 12:34:48 PM
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I think no stock gives that return in 21 months. BTC has a lot way to grow yet, but as htey say, nothing is certain. I will be cautious with investment although every tendency shows that this is going upwards
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Economy / Economics / Re: Selling Bitcoin = Opportunity loss?!
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on: December 21, 2017, 03:25:34 PM
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The volatility is so big and constant that you can say that is an opportunity loss. Over the last months, the tendency was upwards with its changes.
I think, in the long term if you sell bitcoin now, it would be an opportunity loss
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Bitcoin / Bitcoin Discussion / Re: Christmas And BTC?
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on: December 20, 2017, 01:18:16 PM
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Many people are cashing out the profits of some months ago. As they are selling, the price plunged a little bit. After january 10th, i think it will go up again
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Economy / Economics / Re: What is your best investment strategy?
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on: December 19, 2017, 08:21:50 PM
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I think the strategy of most people today is just holding BTC and buying more due to the raise in its price. It has been quite a rush of the price. Not many people have time to be 24/7 in the marketplace to trade cryptos. For that you need time and knowledge
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Bitcoin / Bitcoin Discussion / Re: Lost private key.
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on: December 19, 2017, 05:43:17 PM
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Many wallets donīt use private keys. They manege public addresses for you to send or receive cryptos. Try to use those ones, next time.
As everyone said, the private key is like your life in the blockchain, and you can recover it
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Bitcoin / Bitcoin Discussion / Re: How to kill Bitcoin?
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on: December 18, 2017, 07:52:23 PM
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Remove electricity? Kill the internet? Those things, at this point are merely impossible.
Plus, Bitcoin is based on trust too, so, as far as everyone believes in BTC, it wonīt be "killed"
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Economy / Economics / Re: Difference of Trading and Investing?
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on: December 18, 2017, 06:53:20 PM
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both of them is difference, but to make it easier to understand, when you investing, you trust your money to someone and you don't need and can't do anything with your money until certain period, when you trading, you used your skill and knowledge to generate profit and you need to some work in trading, you need to pay attention to the chart and keep the updated news everyday
so when investing you depend on somebody else when trading you depend on yourself
This is a good, simple explanation of the difference between them |
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