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261  Economy / Economics / Re: PNB looks into use of bitcoin! on: June 25, 2018, 03:33:48 AM
isn't it a little bit late for that bank, i mean most users or individuals have studied about bitcoin long ago and how it works, you mean to say they are studying bitcoin for their own benefit,  banks are already alarmed and know the effects of bitcoin in their business, what they are studying right now is how will be beneficial to them, they will not try to accept bitcoin, maybe they will adopt bitcoin system for them to copy it, and will create their own coins. though this kind of news really adds up to the popularity of bitcoin.
262  Economy / Economics / Re: Cryptocurrency is a trending topic all over the world? on: June 25, 2018, 03:26:14 AM
yes, this is because, ads about crypto are swarming all social networks, more and more ICOs are announcing and more users are into bitcoin, moreover, a lot of crypto news are being featured in all medias, may it be good or bad, those medias are adding up to the growing awareness of people all over the internet and of course globally, it creates more trust rating and adding more investors which is somehow good for the bitcoin community.
263  Economy / Services / Re: BookiePro - The World's Betting Exchange | Signature & Twitter Campaign [FULL] on: June 25, 2018, 12:57:28 AM
Twitter Account link: https://twitter.com/marvinthemarvz?lang=en
Week Number: 3

Tweets:
1. https://twitter.com/marvinthemarvz/status/1011051933551886337
2. https://twitter.com/marvinthemarvz/status/1011052443428216832
3. https://twitter.com/marvinthemarvz/status/1011504025013850112
4. https://twitter.com/marvinthemarvz/status/1011503461106528256
5. https://twitter.com/marvinthemarvz/status/1011503083753357317

Retweets:
1. https://twitter.com/TryBookiePro/status/1010130850267193344
2. https://twitter.com/TryBookiePro/status/1010210986203205632
264  Economy / Services / Re: [BOUNTY] BookiePro - The World's Betting Exchange | Signature & Twitter Campaign on: June 23, 2018, 08:09:31 AM

i have submitted my 2nd week report before the cut of date. please reconsider. thanks.
265  Economy / Speculation / Re: Price manipulation on: June 22, 2018, 01:06:27 AM
Yeah right, bitcoin manipulation can happen. It used to happen in Mtgox. It seems that now the manipulation of bitcoin is occurring, as a result US Begin to Investigate Bitcoin Price Manipulation Case, the US Department of Justice (US) opened a criminal investigation into the possibility of market participants manipulating the price of Bitcoin and other (cryptocurrency) currencies,

The investigation includes an examination of spoofing practices, in which an investor makes an order intended to manipulate the price of an instrument, and flood the market with fake orders.

if there is someone who manipulates bitcoin, i wonder how will they incorporate the offender, since transaction made using bitcoin is anonymous, spoofing practice? in what way they can manipulate the price of bitcoin using purchases? if it is a fake orders, then it will not push through, who would waste a bitcoin trying to fake orders? well, i hope this will be smoothly done with success.
266  Economy / Economics / Re: what will happens if everyone has own currency, doesn't a bad for Economics ? on: June 22, 2018, 12:58:06 AM
The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel,  if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?

are you talking about individual or national currency? if all nation create their own crypto currency, i think we will go back in being a centralized society just like today on using fiats, having our own crypto is like having our own fiats, you see, what makes crypto special is, the availability worldwide is limited that is why it is so expensive, it is decentralized and free from being slaved by banks who dictates when and who will get rich. unlike crypto, everyone has freedom in their wallets. free to trade, to purchase and to acquire.
267  Economy / Economics / Re: What could $100 buy back in 2010? on: June 22, 2018, 12:46:08 AM
yes sadly that is true, the price of bitcoin when it started is way too expensive today, imagine getting a pizza with 10k bitcoin, im sure he is scratching his head right now, that is why it is important to hodl or invest in longer term than selling it on a daily basis, being a panic seller today will only make you like the pizza guy story, especially today, we are not talking about a pizza- worth asset, we are talking millions today, be patient to hodl and do not give in to panic selling.
268  Economy / Speculation / Re: Curiosity of bitcoin prices in the future on: June 22, 2018, 12:30:22 AM
relying in prediction may lead to loss, especially when the time period is way to far to predict, listening to the so- called experts or millionaires in bitcoin that supposedly says that bitcoin will increase its price. because of the high volatility of bitcoin, for me, it is not recommended to invest based on a specific and given period or term of investment.
269  Economy / Economics / Re: [ASK] why is the year getting rich getting richer? on: June 22, 2018, 12:22:35 AM
why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

value of wealth is the answer, if you were born rich or you are rich today, you are very much privileged to enter any investment because you have funds, you have capitals, and definitely you will have all he resources you need to invest in any business, while being poor is otherwise, the resources are limited and you have no fund to venture in any business, but being poor all your life is a choice, some of the multi-millionaires came from being poor, with hardwork and dedication, no one will remain poor.
270  Economy / Speculation / Re: What kind of price movement do you want for Bitcoin? on: June 22, 2018, 12:14:57 AM
honestly, i want it to increase monthly, or daily, but given the scenario of monthly increase, wouldn't it be too easy to predict when will you profit since it will be on a daily or monthly basis? placing an investment will surely be profitable because we will know that it will increase daily or monthly? without hassle? i think bitcoin was not made that way, since it is decentralized, volatility is incredibly high, there is no such way to unify the price movement in such a way it will be predictable. 
271  Economy / Economics / Re: How to cope up with the falling prices? on: June 21, 2018, 07:34:40 AM
There are just couple of question I need some answering from people with enough experience in crypto.

Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?

Thanks for sharing your thoughts!


about the tips, invest when the price is tolerably low, do not buy when the price is getting high or high. it is easy to manage those loss if you only invested what you can afford to loose, you will not get hurt if you are risking an amount that is intended for a possible loss. there are ways or graphics available on the net that can help you decide which coin or tokens to buy, always be on the watch on the current market trend. there is no 100 percent way to pinpoint the right timing on buying, it is a gamble, you should know the risk.
272  Economy / Economics / Re: A small village strengthening it's Economy by cryptocurrencies. on: June 21, 2018, 07:18:45 AM
A small japanese village named, Nishiawakura is making their economy much more beneficial with the help of cryptocurrencies by launching a Initial Coin Offering. I think it is a best way to help some small villages to grow up with really good profits and also it might bring the cryptocurrencies some more close to legalisation.

The village is home of approximately 1500 villagers and and they unveiled their plans to launch a regional initial coin offering.
Report by coindesk https://www.coindesk.com/japanese-village-to-launch-nations-first-municipal-ico/

This is a perfect head start and i hope that several such villages can soon adapt this strategy to strengthen their economy

this sounds good but isn't it too risky to tell the world that they are in crypto? they will be identified, being a villager is narrower than that of being a country, but oh well, at least they can influence other villager or country all the more in pursuing bitcoin to be well known and well accepted by many. good job.
273  Economy / Speculation / Re: Current steady growth will result in $20K by end of August? on: June 21, 2018, 06:53:49 AM
it is still hard to predict, yesterday the price pumped but today it started to plunge again, still it is too volatile, more encouraging to panic sell after looking to the graphs, just grab the opportune time to sell, making most of this highly volatile price. one wrong move will ruin your portfolios.
274  Economy / Economics / Re: BITCOIN IS NOT BUBBLE!! on: June 21, 2018, 03:56:10 AM
if you still have invested in bitcoin and currently enjoying its up and down, when people are buying and selling, then bitcoin is not a bubble, unlike any other crypto that has initially offers high returns then you wake up one morning you cannot convert it to exchanges nor trade it, then those coins are bubble, you see, bitcoin is otherwise, we can see the healthy market cap with bitcoin on the top of all other coins.
275  Economy / Economics / Re: How much money are in the World? on: June 21, 2018, 03:09:35 AM
silly but interesting question, if we are to count the money in the world is impossible, in the circulation and for printing, but if we can compare bitcoin with fiats, we cannot say bitcoin levels with it, fiat is far more than bitcoin. even all cryptocurrencies added up, still fiats are more then those, but if we are talking about the ratio of exchange, obviously bitcoin is far more than fiats. the statistics are just my estimation though.
276  Economy / Economics / Re: What is bitcoin backed by? on: June 21, 2018, 03:00:28 AM
yes, bitcoin is a self sustaining platform. its source are backed by the users itself, depending on the buying and selling activities of users, there are no specific person runs it, it is a decentralized platform by peer to peer system. in terms of technicalities, that i did not know, who monitors the whole system from every transactions, i will leave it to the experts in IT. but as far as the platform itself is concern, i think we, the users are keeping bitcoin in running, because of our buying and selling activity.
277  Economy / Economics / Re: Is it true that a whale moved 8k BTC? on: June 20, 2018, 07:40:52 AM
Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.


what dictates the price of bitcoin is not by whales selling their assets, it is the wave they create, meaning, the trend they have created, those panic sellers are the ones whom we should blame, obviously, whales are not the biggest problem, those little traders that panics everytime they heard news about whales who sold a huge amount then they tend to sell as quickly as possible. thus creatind a trend because we all know there are millions of little traders rather than big whales, one move by the big whales are nothing compared to millions of users who sell altogether at the same time.
278  Economy / Economics / Re: Can human stupidity affect the movement of the market? on: June 20, 2018, 07:33:18 AM
Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

just like what you've said, it does affect the behavior of the community, crypto news is one of the big factor that creates movement in price, especially if it is so deceiving, it can create panic selling or buying, it also dictate the price of crypto market by no matter how positive or negative the price are, still it is one and the most obvious means of information dissemination.
279  Economy / Economics / Re: How much money and bitcoins do you need to influence the price? on: June 19, 2018, 07:08:31 AM
So, the latest buzzword in Bitcoin is manipulation. Has anyone worked out how much money and bitcoins is needed to trigger

a change in the buy and sell behaviour of traders on exchanges? I know the Silkroad Auction did not make a significant impact

on the price and the same goes for the odd coins that were sold from the MtGox hoard. How many coins can individuals dump

on exchanges to push the price down like this? How long can they sustain such an action to sabotage the price? These are

questions that are very relative at the moment.  Roll Eyes

If the SEC says that the high price increase of last year was manipulation, then they must bring the proof. Let's do our own

informal assessment of the situation and determine what would be needed to cause that kind of a spike in the price.  Wink


to influence the price is to create a trend, even a trader who have moved a huge amount will not even tap the price, what is more dangerous is if others will follow, trending matters, create a panic selling trade will surely make the price go deeper, we can take diamonds as an example of how powerful creating trends are, it was originally has no value just like an ordinary stone, but since the manufacturer saw a potential in that stone, they marketed diamonds as an accessories for the royalties. and now look at its price. trending matters.
280  Economy / Economics / Re: You’ll Someday Manufacture Anything You Want and Governments Will Not Stop You on: June 19, 2018, 06:58:31 AM
it is like creating your own coin, this is one way of ruining the market status, ICO for short, we can see today that a lot of ICO are coming out and popping out of the blue, trying to level the price gap versus bitcoin. all of these are a result of the desperation to level with the current status of its competitors, still applies the rule of economics, the law of supply and demand.
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