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381  Economy / Economics / Re: Only a mature and regulated crypto market will attract big investors. on: May 04, 2018, 02:56:36 AM
https://cointelegraph.com/news/2018-mature-crypto-market-will-draw-more-investment-see-less-volatility-analyst-says

Obviously as an investor you understand there are risks but out of all the exchanges out there, i can think of 2-3 that I would personally trust with my money and in my case we are only talking about thousands, imagine a big player with millions using etherdelta or some other retarded exchange, no way that will ever happen. Even big exchanges like bittrex, not long ago, they fucked up and made everyone wait months and months to get your account enabled or verified. Why would any big player invest in crypto when the risk is so huge, there is literally zero safety, any exchange can run away with your money and you can barely do anything.

those exchanges are the one who make bitcoins and other cryptocurrencies valuable, we need them, if you have millions of assets, would you put it in one exchange? you should diversify it into multiple exchanges. would you trade it in an exchange with zero safety? no, you have to be wise in choosing trusted exchanges especially if you are planning to trade your millions. maybe you're trying to say is, a well trusted and stable exchanges will be the best choice of traders and investors but regulated market? i doubt. it depends on how it is regulated, what are the scope of regulations.
382  Economy / Economics / Re: Is this basically just another way to make money? on: May 04, 2018, 01:59:59 AM
I did get several interesting answers though  Grin.

My question - or at least the dilemma I am having - is that it mostly seems like it has only one goal and that is to make as much money as possible. But for people that are just getting in it may be confusing because they perceive it as the biggest innovative change of recent years just like I did.

Right now I kinda feel disappointed that to 99% of people invested into crypto it seems to be nothing more that a source of income. A 'get it quick while the party is over' kind of thing.

i think what you are trying to say is you're conscience is eating you for earning money over peoples' lost, well actually, sadly it is how it works in investments, we all invest like trying to pile up more money together then not all of us gonna profit on that piled investment, some will bail out midway, some will be excited to sell right away, while the ones on top is gonna hodl and thats it, winner takes it all. that is how it all goes, don't get too fuzzy and all about it, its legal and it is the nature of blockhain and investments. people invest for profit, if that is not your goal, then go to NGO's and charity institution.
383  Economy / Economics / Re: Stanford University Business Full-Time Cryptocurrency Course on: May 03, 2018, 09:03:29 AM
I do not know why the Department of Economics/Business will study the Cryptocurrency, although it is a technology closer to the computer and programming.
Personally I do not believe in the role of Cryptocurrency economically and I do not think it will be possible to study or evaluate them based on the laws of economics and business administration(no one can Predicts it).
It is best to teach the Blockchain and the programming languages built on it(how to build tokens/coins, reading source codes and Enhanced protection).

yes i must agree, are they planning to study how to have a forecast on the bitcoin price? if so, that would be so useful to anyone who wanted to learn the science of cryptocurrencies. but i think anyone who knows trading can benefit from those courses, as for newbies, that is certainly a big help to them.
384  Economy / Economics / Re: let us promote BITCOIN on: April 30, 2018, 12:03:50 PM
Hi! It will be a great pleasure if we will continue promoting bitcoin for it will surely help not just ourselves but others too. Want to know why I and my friends join bitcoin? Because for us bitcoin help us to earn extra income that really help us in providing our families basic needs. Also, I find bitcoin very interesting and teach me on how to be patient especially when waiting the value to rise. It will also help in sending and getting money anywhere in the world at any given time, we won't don't have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money because we ourselves controlled of our money in Bitcoin. We are also provided with freedom and security every time we transact money using Bitcoin.We will be worry with the block chain, because all finalized transactions are available for everyone to see, however personal information is hidden. In having a transaction we don't need to pay fees in order for us to send money to our families. Also, this has a fewer risks in temrs of Merchants. That's why me and my friends promoting Bitcoin without any hesitations.

If you would like your local community to reap the benefits of investing and transacting in bitcoin, below are the tips on how to promote bitcoin in your community.

1.Start a local Facebook group.
2.Hold local bitcoin meetups or talks.
3.Start a blog that focuses on bitcoin awareness in your city/country.
4.Write about bitcoin for your local newspaper as a guest writer.

1. Recently, ads about cryptos are banned on social medias
2. Anonymity will be breached
3. Same as number 2
4. Depends on your connections and field of work.

These tips are good but not feasible and a bit complicated, but it is still welcome to readers who has the same lifestyles as yours. Thanks for posting.
385  Economy / Economics / Re: Why is bitcoin stability important? on: April 30, 2018, 11:52:18 AM
In terms of market share, we really need to see a stable market share of bitcoin, it is important and crucial to gain trust and attract more investors, unlike altcoins, it is not stable because they have less investors.

In terms of price, for me, bitcoin price should be more volatile, because we earn from that volatility, the rapid changes in price certainly gives us fast earnings and loss at the same time, if we could just interpret the market cap wisely .
386  Economy / Economics / Re: A government can create a cryptocurrency ? on: April 30, 2018, 11:31:01 AM
Of course, any govt can release an ICO,  with sufficient resources and funds, it is very easy, look at some company that has initially offering ICO,  govt funds is way larger than of the company, backed up or immuned to government laws, it is a piece of cake.

Would i invest in any government ico? Of course, since it was initiated legally by any govt, there is an assurance that it is not a scam and can easily be trusted in terms of legalities.
387  Economy / Speculation / Re: Expected predictions on: April 30, 2018, 11:13:24 AM
I will wait for that time to arrive, because I believe the bitcoin price by the end of 2018 will soar.
I will keep the spirit to collect coins for my future.
although this month, bitcoin prices are worse than December of 2017, but I still believe it.
Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)

The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last.
Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year.
"Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com



I hope this will come to reality, though undoubtedly, bitcoin will surge on a higher value in the future, we must also consider the growth of other crypto and ICO that is truly taking its share in the market, if we are to look at the current graph, we can see the trend though it has low trend the figures are on an increasing pattern which clearly indicates that bitcoin is on a steady course upward.
388  Economy / Economics / Re: Bitcoin - Can it boost or break a countries economy? on: April 30, 2018, 08:51:31 AM
If bitcoin will walk in the country along with the national money of this country, then it will positively influence the economy of the country in the event that the economy develops freely in a democratic society. If the economy before that has been developing authoritatively for a long time, with manual control, it is likely that people will withdraw their funds through the crypto currency from such a country, and its economy will suffer because of this.

If bitcoin will walk in the country as the only means of payment, then nothing good will come of it either. Due to the high volatility of bitcoin, it is able to unbalance the economy of any strong state, therefore, the crypto currency must go along with the national money.

somehow i get your point, crypto and fiats should co-exist, because those two are the main ingredients why we are enjoying this profit, the exchange of this two are necessary to create traffic that creates the value of bitcoin today. if bitcoin has no value over fiats, it is useless and vice versa. imagine if there is no more fiats and bitcoins are the only currency, unless dollars and other currency is replaced with bitcoin, which is impossible to happen.
389  Economy / Economics / Re: until when will the bounty program remain? on: April 30, 2018, 08:37:42 AM
Over the years there have been a lot of crypto-based-based projects where the business owners offer shares in the form of coins they produce with different kinds of promotions including bounty programs, until when will the gift program remain?

as long as there is a competitions that helps all coins battling each other to sustain stability and garnered a pinch of the total market shares, as long some evil minded entrepreneur funding ICO projects the bounty projects will continue to grow, and also maybe when the price of bitcoin will be low, and some alt coins will level with bitcoin's price, then maybe, less owner's will fund ICOs. you said gift? well yeah, maybe an opportunity for us rendering services that bounty campaigns are offering us the chance to earn.
390  Economy / Economics / Re: Factor to Consider on: April 30, 2018, 08:28:37 AM
you can also add the popularity of bitcoin gained thru medias and mainstream media outfit, that play a big part why bitcoin is rapidly growing across the globe, and also the competition of ICO and alt coins that are swarming the total market share of cryptocurrencies. it all affects the price may it be high or low, it also dictates the present price of bitcoin, and lastly, the growing number of countries that are open to bitcoin legalization.
391  Economy / Economics / Re: The panic seller irony on: April 30, 2018, 07:35:05 AM
The reason they panic may be because they are new to the world of crypto and I am sure if they are people who have long known what they should do when the market situation decreases .. and because they do not want to learn or find information when the market situation decreases or there is a problem others .. panic just make trouble or make wrong decision, but after that they will realize that it is wrong and start to understand and gradually they will understand the world of crypto ..

yeah, we can say that they are impulsive sellers, who panics every downtrend occur, usually they have lack of interest to further analyze the volatility of bitcoin, they don't know how to read the graphs, if they see a down trend, they sell quickly resulting of loss and eventually put bitcoin system as a failure. and then the complaining starts. but let us admit, we are also once like them, let us help them by informative topics in trading dos and dont's.
392  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: April 30, 2018, 06:59:31 AM
helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.


i think this is not possible, we are encouraged to invest at our own risk, they cannot give us a hint on when and how much to invest, that would be so bias, the whole investment system will not work on that kind of portfolio, it is the investor's job to study the current market and he gets to decide when will he put his money and how much, investments involves risk-taking, without risk, it will not be called investments. it is not an easy pay easy earn thing.
393  Economy / Economics / Re: Legalization of Bitcoin in Australia on: April 30, 2018, 06:51:37 AM
However, Australia's experience shows that the process of legalizing and defining the status of cryptography is far more beneficial to the state than to the users, since for the first it creates additional control and profit opportunities, and for other participants only imposes additional restrictions.

That really just about sums it up perfectly. It seemed to me like the only problem they have with Bitcoin in the first place, is that it could easily be used for criminal activities. This is clearly not the case though, with blockchain analysis and whatnot, and some governments are starting to realize it. It's a low risk additional source of revenue. For as long as legalization is done right, it's a fair compromise in my opinion.


same as dollars and other fiats, where a govt is also gaining profit thru foreign exchanges, it is empowering a state's reserves and monetary value versus other foreign currencies, it has big revenue which the govt are benefiting on cryptos, dominance and control are also one of the many benefits of legalizing cryptos, some countries even create their own cryptocurrency. because of the many uses of such.  
394  Economy / Economics / Re: Bitcoin must come back to its original use - currency ! on: April 30, 2018, 06:44:14 AM
i think being a currency is just one of the many ideas why bitcoin was created, but since the whole digital system is evolving, even the world changes financially, every ideas evolve as it goes on the wire to present economic status. bitcoin is developing into more ideas and financially, it is coping with the aid of human needs and wants, bitcoin is ever-developing as the world evolve, more and more ideas will be developed.
395  Economy / Economics / Re: Some things to consider before starting a business on: April 30, 2018, 06:38:11 AM
wow this is truly a great help for the people who has a lot of questions regarding tips on how to start a business, i still dont know if i can relate it to bitcoin, one thing that struck me most about this article is that it can be applied when you want to start a new ICO, especially the part on the importance of value creations which talks about five criteria which i find more appealing if i will plan to release an ICO.
396  Economy / Economics / Re: Bitcoin Bank on: April 30, 2018, 06:16:41 AM
Did anyone think at this? How would a bank work? How could you loan bitcoins and get interest for them in an economy with just 21 milion BTC limit?

i think bitcoin banks do not works as lending institution, maybe it will work best if it will be intended to store you bitcoins and earn interest to add up on your savings. if you will loan bitcoin, since bitcoin is volatile the principal amount could incur interest but hard to compute, unlike when you loan in dollars, the computation of interest is based on the current rate of dollars. and it is fixed.
397  Economy / Economics / Re: Five common mistakes made by Bitcoin users on: April 30, 2018, 06:07:26 AM
1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor

we all have come to experience all of these, but as you invest your time in bitcoin, all of these are great teachers, we all once became a newbie. we all have suffered loss and learn from these mistakes. but these can also serve as a reminder to all of us, but what i didnt understand is number 5. do you mean leaving your account unlogged out on a public place?
398  Economy / Economics / Re: Bitcoin as savings, emergency needs possible? on: April 30, 2018, 04:46:42 AM
Hey
Lemme tell you my experience.
I was investing all my savings in Bitcoins so that I could pay up the college fee and guess what ?
I failed to encash at the right moment .. I wanted to hold longer and we all know what happened.
If that wasn't worse..our country decided to put ban on btc to money transactions.
So here I am waiting for the law to change and the time to be right.
Dude.. don't do it it's.. not safe.
Go for.. the quick hold and sell high if you need money fast and just let them stay in the banks.


this clearly shows how volatile bitcoin is, investing in it means you are about to suffer loss, not that bitcoin is a bad thing, it really depends on what purpose why we invest in bitcoin, if you are saving for emergency, that is a bad idea, instead, you can only invest money in bitcoin the amount you can afford to loose, emergency funds should be on a stable platform, unfortunately, bitcoin is highly volatile, i dont know where and what platforms are a good idea to invest on, but definitely not bitcoin because it is intended for a long term investment and emergency funds should not be included.
399  Economy / Economics / Re: Brazil in the process of regulation. Good or bad? on: April 29, 2018, 10:36:07 PM
Regulating can be good if it focused on using bitcoin without scams and ponzi scemes, and not in using or trading bitcoin itself, it all depends on how will they regulate it and not trying to monopolize it. Since bitcoin is  decentralized and anonymous in nature, users must remain anonymous, unless users deals with 3rd party exchanges.
400  Economy / Economics / Re: will the worlds society now be flooded eternaly with icos? on: April 29, 2018, 10:25:54 PM
Yes i think so, since the trend nowadays are ICOs, it is easier for big ico to diversify projects just to get a share on the total market cap. And since these ico are not regulated by the govt. We will certainly will be seeing more initial projects, somehow thanks for some social media outfit that ban ads on ico.

And i think many ico are popping out on the internet are caused by banks and some govt trying to sabotage the hype on cryptos, in short they will create ico that are worthless and end up being a scam just to make people distrust crypto's, sort of a demolition job on bitcoin.
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