I did. And I've lost serious money from that investment. But I've learnt my lesson.
im sorry for you, the thing is, the bigger the investment the better but to the extent that it will not ruin your perspective, lossing is part of investment, we all learn the hard way sometimes, what makes us better next time is to be cautious on putting money on investments, there should be contingencies and plans. |
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I have read a lot of conflicting reports on Trump's effect on the economy and a lot of the numbers seem to be manipulated. In your personal opinion do you think Trump has improved the US economy or made it worse?
i think it was not only trump but his agendas, all his platforms really shaken the economy in terms of foreign relations, america is on a period of transition, that is normal to weaken the financial sector, but i hope he has something in his sleeves to resolve this, he is a businessman, he knows how business works, the ups and downs, i know he has contingencies to resolve the current issues. |
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these kind of news really boosted the price, today, we are on a $6000 run, i think and i believe that positive reviews and positive news contributes on the trend of the market price, if the price is on a dump, the panic sellers are to blame, but on the topic about this thread, launching a crypto banks seems blurred to me, we are still on a brink and most users will agree that having a crypto bank is somehow defies the nature of crypto as anonymous and decentralized, banks are the contrary of decentralization and anonymity. we'll just have to wait for further reviews on this issue.
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Keep monitoring of the value of coin i have and keep on holding it until the market will turn to green again because i believed that it will recover and will vrings more income before this year was end. Also if i have chance to buy coin atvlower value i did too because i want to spread out my capital into multiple coin to lessen the risk of my investment.
you'd better buy now, as the trend is again on hike pattern which is $6000, these ups and downs are part of the bitcoin system as it is volatile in nature, not to mention the factors that affect the price today, i think positive news and the growing popularity of bitcoin in the world today is why we are on a pump on the current market price, i hope nobody will sell right away until the price hits atleast $10000. |
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I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.
Well, they sold today at at the dip near the $4000 double bottom.
The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.
If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.
i coudlnt agree more, some are blaming whales when the move but actually, most fluctuation of btc price are dictated by panic sellers, whales are there just to take advantage of buying coins on a cheaper price, a lot of panic sellers are feeding the whales, so when the whales sell, it has a bigger affect on the market price, obviously, the ratio of whales and panic sellers are very much unbalanced, there are more small time traders, who are trading small amounts and panic sell when they feel that the market will go deeper, big whales on the other hand are outnumbered by small time sellers, do the math. |
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As we know due to high inflation economical situation is very unstable !
Now im if the dollar collapsing then how the bitcoin or other coins value will be calculated??
Lets say all the fiat money will be gone and crypto currency will be used how the bitcoin price will be calculatwd??
If the dollar is falling the USDT...virtual currency will be still the base currency for crypto?
economics 101, if the demand is high the supply will decrease therefore will result to high prices of supplies, if ever fiats will no longer be at use and replaced by bitcoin which is by the way, impossible to happen at least now, the demand for bitcoin will increase, resulting to high price on the market, just like dollar, when it was made as the universal currency, and become widely and internationally accept, the value of dollars has a remarkable value hike, replace dollar with any currency that will be widely use and that currency will have the same high value as dollars. |
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Lets get discuss about the differences between the developed nation and the developing nation.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
more jobs are created if their economy is not limited to its local employment, if they are open country that has many foreign investors, it can generate more employment or jobs, this is a picture of a well oiled economy, more jobs created more development. |
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definitely to burn, tokens should be burn in order to decrease the supplies therefore increase in its price in the market, most ICOs resulted to burned their tokens, to preserve their market price, if those tokens are not sold, airdrop is the next option. that is why ICOs are risky.
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Over the years cryptocurrency has evolved into a global currency but governments are trying to sweep it's relevancy under the carpet. We all know that the eyes of the community are now opened to the importance and blockchain technology.
What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.
What is your take on this and what do you think will make governmental bodies to finally accept crypto?
it is simply as govt are hiding something big under their sleeves, bitcoin and cryptocurrencies runs on blockchain and as we know, it is decentralized and anonymous, they know how blockchain works, govts have an issue on transparency of transaction, it is incorruptible and anti graft practices can be easily viewed, all the illegal transactions and under the table money transfer can be viewed by the whole chain. that is why most of the countries who banned bitcoin belongs to the known corrupt country in the world. shame. |
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if this is true, we are looking at a great comeback of bitcoin price, ads and positive infos about bitcoin have been a powerful instruments that has a great affect on a certain product, in bitcoin's case since it is digital and online, any news can reach the market faster, we are going to see a price hike maybe at the end of this year, where usually price are going up due to holidays season. |
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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?
any publicity or write up may it be negative or positive somehow affect the market's behavior, that is why an ad is a powerful tool if you want to boost your marketing strategy, many company has invested in ads and their sales have increased, just like in stocks, it is affected by the market trend and market perception. even a single negative write up can destroy your credibility as a company, media has an important role on dictating the price on the market, some are taking advantage of it just to discredit a product. just like FUDs and negative news on mainstream media just to destabilized the growing popularity on using bitcoin. |
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that is the saddest truth, maybe most of the newbies are eager to earn now and think later, actually we cannot blame them, the things is, they have already knew the risk but still they jumped in out of desperation i think, sometimes lack of info and just a hint of instinct, many have said that never invest borrowed money or their whole savings hoping to earn double, they knew it but they are willing to gamble, they say life is a gamble, so they never think twice.
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Eight months ago, my financial situation was not good at all,
I work that way, My income was about 45 to 50 dollars in the month,
I was disappointed with my income
Than a friend of mine suggested me to work with cryptocurrency. But I had no idea about cryptocurrency. Gradually, I learned to understand a lot about cryptocurrency, cryptocurrency gave me success in life, Now my income is 800 to 1500 dollars per month. Now I am very happy and now I believe cryptocurrency may change the financial condition
good for you mate, i hope i can achieve those figures, i am currently working on my dayjob and do crypto on my free time, your story is common for people who have dreams and who have a goal on becoming a financially uplift, you never stated if you made bitcoin as you part time only or prime job, but making those figures really boost your financial condition. if only all people will have the same fate as yours, then we are seeing bitcoin as an effective medium for success. |
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In my opinion, BTC is not a traditional currency like gold and silver because it does not have any use value, so it is not a credit currency. It's basically just one use, money laundering tool. The tool explains why bitcoin prices are spread across the country and abroad. Domestic money is changed into bitcoins and then physical transportation to overseas exchange for foreign currency escapes regulation and the cost of money laundering is lower than before, and the risk is low.
that's not true, since bitcoin and other cryptocurrencies are based on the blockchain technology, that is decentralizes and anonymous transaction, not all users are considered as laundering money, if we are to choose to cover our money anonymously, that is our right, it is our money, if it ought to be used for money laundering, still the persons who are involved in that act can be identified, before we can convert it to fiats, there are crucial requirements of exchanges for their clients that wishes to use their exchanges, they follow the law on KYC, bitcoin has more deep application to further make us earn from its opportunities to offer, not just money laundering. |
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Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
the question is, does every country in the world are linked to internet or online? as i can see it, it is impossible for bitcoin to be used on a daily basis or it can replace fiats like how we transact in almost everything we can do with money, from buying commodities online and specially on a physical stores, if possible, i think we should link buying candies online, imagine the long wait for every transaction just to buy simple things, simple commodities like bread, condiments and other common purchases that fiats are availing today. taxes are not the basis of a country to survive, it is just one of the many fund generating machinery of a country, there are investment, gold reserves, international monetary fund, forex, stocks, donation, and other ways to get funds in order to run a govt or country, not just taxes. |
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Goldman Sachs: Bitcoin can be useful for a troubled economyAccording to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy. Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided. Goldman Sachs experts: crypto-currencies can help the troubled economy
i dont understand, traditional money is not sufficiently provided? anyway, bitcoin in a sense of financial stability is more of a risk that a country will based its economy upon, because of the volatility, it cannot be certain to depend on crypto as it is unstable too, but somehow will definitely help an individual or the whole economy itself, it is just a help but not intended to solve the current economy. if we are goin thru the transition from fiats to crypto, that period will seems to be more difficult to bear, unless every country are into crypto like 90% of the world's population are crytpo-based. as they say, it CAN, but will not definitely solve the whole problem. |
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Of all the large companies that are now large internet players, do anyone particularly scare you in terms of how you data and track could be used? Amazon, Facebook, Twitter, …?
almost all digital and internet-based sites are intrusive and we dont know how but they can be, among others, facebook is the most obvious, they have ads based on your past searches and make ads suggestions based on your profiles and posts, seems helpful because what you can see on your wall is tailored according to you preferrences, but somehow intrusive if we dig deeper and further investigate facebook. |
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Bitcoin is welcome in Thailand...
Thailand has had Bitcoin in place for some time and I see the government is preparing for the future and how to en brass Bitcoin. It is not unusual to see a " We accept Bitcoin " In all type of stores.
This is really great for Thai People and the Tourists that visit......
i hope you have a link or write ups that will back this up, if it is true, surely bitcoin is getting more and more popular even the market is down, there are more investors who are willing to invest and try bitcoin despite the negative infos that are popping around the online world, though unstable, more are willing to take the risk because they realized that they can be more profitable in crypto rather than spending their time on other tangible investments. |
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since facebook is the mainstream social networking site, well maybe in my country, it would really boost the trust factor and popularity of crypto, i think facebook has already been doing that eversince crypto was gaining popularity way back a couple years ago, then they banned it and now they are trying to put it back again, well, i guess facebook saw an opportunity now that crypto are booming, as they say, good or bad publicity is still a publicity, they have an agenda as to why they are returning to crypto ads.
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1.3% is a joke, i don't think the value will be higer later on due to inflation. If we compared it to bitcoin then surely you can get better value for your money by putting your money into bitcoin. But why is the rate in your country so small and that's the highest? in my country you can get up to 5% for local currency and about 1% for dollar.
you are right, it is like having a low interest for such a long period, as they say, slowly but surely, but due to its term, there are no assurance that the amount of interest will be the same when it reached its maturity, that is why it is more acceptable to invest in bitcoin, there waiting period is not that long because of the volatility, that is why lot of investors are eyeing on crypto instead of investing in banks, though risky, the returns of investment is shorter than of banks |
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