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101  Economy / Economics / Re: Stop IMMO: What do experts think about bankers invading the crypto space? on: July 29, 2018, 07:10:53 AM
Nobody expected that the Banking industry will sit back and just accept that they might be disrupted by Crypto currencies. They are fighting back with everything they have and that includes making use of the technology that wants to disrupt it.

The main question is, how will this be received by the general public and with Crypto enthusiasts all over the world and will this be forced by the governments.  Roll Eyes
The bank is gradually losing its position in the leading economic power. They are thinking they are working for economic organizations and they are less profitable. This proves that financial ambition is the core element of every action. Being unadvised as before does not have huge profits that can lead to many unpredictable things here.
102  Economy / Economics / Re: List of useful materials on economics on: July 29, 2018, 07:04:52 AM
Today's documents are very much in the technological age. The important thing is you need something to do in the future. You may want to read the content you are looking for and then learn who has succeeded in that area.
Next you should learn the most recent time skills applied, as some of the materials may only be applied at that time and the current one is no longer usable. Good Luck!
103  Economy / Economics / Re: Does Bitcoin had a back up by real money? on: July 26, 2018, 09:38:02 AM
Actually I asked that before, and what if all of us sell our bitcoin?  But the price of bitcoin is more than the real money how we can get that? Well I don't think bitcoin has backed up by real money because bitcoin is a digital currency that can change in fiat.
Exactly. I think so.
BTC is not supported by cash. It is a digital money form and it's electronic numbers that run in the air.
But its value is higher than cash and more convenient than cash, and that proves long-term value is more positive.
104  Economy / Economics / Re: Why Big Banks are so Nervous About Bitcoin ? Why ? on: July 25, 2018, 09:26:59 AM
Because there are so many people who are now using Bitcoin and maybe soon people would stop using banks because of the cryptocurrencies,
If the crypto currencies continues to grow I think we would soon be a cashless society and the banks could be ignored because of it.
That could also happen.
There are a lot of people who are using Bitcoin and soon people will stop using the bank for electronic money,
If electronic money continues to grow, I think we will soon become a non-cash society and banks may be overlooked.
This shows that the country is certainly developing, not using cash to reduce the cost of natural resources. I think so.
105  Economy / Economics / Re: Becoming wealthy and social responsibility on: July 25, 2018, 09:24:36 AM
While I don't have many posts. I got involved in Bitcoin in 2013 and joined this forum in 2014. While I do not consider myself wealthy from Bitcoin yet. I do have an idea of how I would like to direct some of this new found wealth. I think most of the people who got involved early got involved for the right reasons. IE: To change the world and move humanity out of the control of the bankers. I am concerned that the new people coming may only be in to make money. I hope I am wrong, I really want this technology to be a force of good in the world and deliver economic freedom to the masses and the unbanked. My hope is everyone who was early, has some idea in mind that will help others. Maybe help your family, or a charity that you think isn't wasting money, or building a community swimming pool etc. If you have a lot of money think big and how you can change the world for the better. This is our chance!

Interesting thing is that every each person considers themselves wealthy or non wealthy based upon their own decision, somebody can have $1,000 and consider himself as wealthy person.
That was so funny. $ 1000 is not a coin that is rich.
There are millionaires who have millions of dollars but are not yet considered rich.
The concept of wealth also depends on what he does for the community.
The rich are really the people who help the society, improve the lives of the hard ...
I think that is really rich people.
106  Economy / Economics / Re: Do you think Jeff Bezos will beocme a trillionaire? on: July 25, 2018, 09:20:44 AM
Amazon has succeeded for a lot of things, one of them being direct customer support. That is a big problem for me, because sending emails back and forth is very time consuming and meaningless. But no matter what.
The speed with which he is earning net wealth I believe he is definitely going to be a sure-fire billionaire, just to see how much time he's earned that wealth.
A mirror for people to learn from him.
107  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: July 25, 2018, 09:17:38 AM
Follow me. Do not focus too much if it goes down because you did not catch the day before.
Instead accept it and focus on your investment.
As it grows, enjoy what you invest because you are reaping the fruits of what you invest.
Remember, the time you invest is the best time for you.
Make smart investments to achieve smart results.
The current I follow is to calm down and then concluded.
108  Economy / Economics / Re: What would happen if another cryptocurrency took Bitcoins place in Market Cap? on: July 25, 2018, 09:13:55 AM
I think it would be nothing not ordinary, so just one of their currencies would be more and bigger than bitcoin but it would not change that bitcoin is number one because it is not all about coinmarketcap.
Exactly. No problem. The market has only risen when new currencies appear, making demand for investors more involved.
There are many denominations higher than the BTC but it is not as popular as the BTC
Bitcoin will stay stable for a long time.
109  Economy / Economics / Re: Beside Cryptocurrenices where would you invest? on: July 24, 2018, 08:42:36 PM
I think it is better invest money in several kinds of assets. Everybody knows that investments in cryptocurrencies involve high risks. Such investments as in securities, real estate provide a stability, but not a large income. Therefore, taking into account the riskiness, I think it will be more correct to distribute investments evenly among several similar assets. And of course you always should hold fiat (cash) money.
In my opinion, we should invest in some additional fields to increase sales.
I will study business, sell something online or be affiliate marketing
Mostly make passive income, work money for yourself
That's what I want to aim for.
110  Economy / Economics / Re: Bitcoin and Globalization on: July 24, 2018, 08:34:19 PM
There are countries where the Bitcoins is already banned thus I don't think that it would go that deep into globalization.
Besides we should understand that bitcoins cannot be used as a Currency it's really hard for..the government to keep a track of process regulations and then update the rates according to it. You know it's just like gold , you cannot go around buying things with gold , well you certainly can but the thing is if you do that the decision is entirely dependent on the person receiving it , he may say no or yes. The same thing is with Bitcoins it's totally a personal account if the receiver wants to receive the Bitcoins or not thus I think it's hard for it to be a global Curreny , really hard.
I think the globalization of bitcoin is the main goal of crypto.
They want electronic money to become the daily currency for paying for goods and services around the world. Although we still face countless challenges, we will go there to achieve our goals.
There are people all over the world working hard to see this dream materialized. I think so.
111  Economy / Economics / Re: Cost of Living Comparison on: July 24, 2018, 08:30:28 PM
This is seriously making me consider relocating. Especially if I make a lot of money on Bitcoin and don't need to be stuck in one place for work. Rend is so much cheaper in most other places, compared to where I live. Very cool website to know about.
As the cost of living with what you are in the country, in my case I live in a fair and good place where I can say that I live on average.
The cost of living also varies from the minimum and maximum wages your government has resolved.
The best thing about it is that when we have a lot of money on the BTC and financial freedom, we are very happy.
112  Economy / Speculation / Re: How long will the bear market last? on: July 24, 2018, 08:22:57 PM
We will never know exactly when the bearish trend will stop even if you use an indicator, unless you are a whale and joined the whale club and planning for a big purchase, and before you do don’t forget to contact me lol. All we do in in forex trading is waiting, waiting for the market to move against the direction then we can make a decision.
Exactly. I think so.
Unless you are a whale and join whale club and plan big purchases then you will know the route of the market.
You are not a big investor.
We should consider carefully before making a decision.
113  Economy / Economics / Re: Capitalism, why does it ignore the farmer? on: July 23, 2018, 10:10:46 PM
People should promote local products and be proud, it would a good way to have economic progress for any country. Stopping capitalism will help to balance the socio-economic hierarchy. I believe that if people at the base level are given enough incentive, then those above them will reap greater rewards, and which will in turn trickle down back to those who built the entire system.

Why does capitalism so often neglect the backs upon which it's built? How does this system manage to thrive for so long, when the masses are receiving the least benefit?
Capitalism has lasted so long because it's the only system that works, personally I do not like calling it capitalism because that is just the natural way things work, what you are describing instead is some kind of loyalty to your local products and that can be done but not everything can be produced locally and even if it could someone else will create a more effective process in some other place and create a cheaper product that you could buy.
They have driven more people out of poverty than any other economic system in human history.
The middle class has evolved completely from a poorer class. China will move about 800 million people out of poverty and living in the middle class in the back of a largely capitalist market, and they are changing to adapt to the world.
114  Economy / Economics / Re: The obvious truths about investing in crypto currency by the example of Halfcoin on: July 23, 2018, 10:07:12 PM
Exactly. I think so.
This is about half the money wanted to run an ico
The project will be reviewed and researched.
At that time to make the statement and then conclude
Make the most of your investment.
115  Economy / Economics / Re: David Stockman: Deflation Depression & Financial Armageddon on: July 23, 2018, 10:04:12 PM
The economy cannot continue heading upwards with unsustainable growth forever, some time, some way, it will reset.

In the next financial crisis, it's important to hold some assets that are independent and excluded from the fiat monetary system. Gold and silver are both safe haven investments that has been proven to hold their value in the long run.

But IMO, bitcoin will join that group of safe haven investments soon as well, as it has all the qualities that gold & silver has as a form of value, except more convenient. The reason why a lot of people choose to hold BTC in the first place is to hedge against a black swan event like this that hits the fiat system hard.
Exactly. I think so.
IMO, Bitcoin will join that safe haven investment group soon, as it has all the qualities that gold and silver are worth. The reason why so many people choose to keep the BTC in the first place is to protect it for convenience and to be able to improvise every possible circumstance.
116  Economy / Economics / Re: Taxation - How likely is the government going to tax US traders on: July 23, 2018, 10:00:06 PM
Taxation on cryptocurrency traders and their earnings are not far behind, taxation is coming and a lot of people will have to pay off their taxes from even previous earnings which is how the government is planning to discourage people from using cryptocurrencies but it won't work either. They just need to find an efficient way to tax earnings based on what is actually being earned now and not before.
To me they just need to find an effective way to collect taxes based on what is actually being earned now and not before. It is certain that the high profit market and the bait of the rulers also want to have a good meal. At this point, investors should consider and make plans to achieve their goals.
117  Economy / Economics / Re: Economists attempt to establish "true value" of $8k Bitcoin... on: July 23, 2018, 09:56:54 PM
Can't you see what the article says about those economists? They are Wine buddies. The price that they arrived is at $20? Seriously that tells on how they are failed economists. And by reading the article, it's more of an editorial which basically more of the post are giving negative factors about bitcoin. That "OUCH." though.
These economists needs to take a rest, they are drunk.
You say good and funny ^^
Before making the decision economists they depend on each different emotion. Comments may vary, maybe this person is involved or not. Most are just like predictions. Not very good, I think we should consider later to make their conclusions. Then enter the market.
118  Economy / Economics / Re: The Great Reflation Is Underway on: July 23, 2018, 09:51:41 PM
To supplement the original story:

Between the OP and today, Bitcoin has gone to $19K and come back down to $8K, and the total market cap of all cryptocurrencies is still less than 10% of that of gold.

So the full reflation hasn't happened, yet.  But the elites have thought it wise to raise the value of Bitcoin by quite a bit, from the last stable value of about $300, to at least prepare for the reflation, if it should become necessary.
Your information is too good. I think so too.
Full inflation has not yet occurred.
As many sources have thought it wise to raise Bitcoin's value a bit, the job has changed, at least in preparation for inflation, if it is true. I need to be mindful.
119  Economy / Marketplace / Re: Trading, ICO, Lending, Bounty. Which one should I do ? on: July 22, 2018, 06:12:05 PM
And why choose specifically that the one thing? You can combine all of this.. If you have the means to invest and you can participate in the ico and to trading on the stock exchange. And in his spare time, you can start a bounty
If you do have the money or bankroll which would be enough to occupy all of those kind of investments then why not but this wont really be that easy. If you do have the money theres no need for you to do bounty yet you do already have the funds. You can invest on ICO while you are making trading and do have some sort of passive income on lending. This would just really need a management not only to your time but would also into your funds as well. Diversifying would be good but we do all know that not all people are capable on doing multiple investment on a single time.
That is your action. Do whatever is best, in addition, the sky is the limit in the world of electronic money. Transactions, ICOs, lenders both require the corresponding money while the bounty just does nothing beyond your spare time and skills. Consider your options.
120  Alternate cryptocurrencies / Altcoin Discussion / Re: How to hold coins in 2018 on: July 22, 2018, 06:08:28 PM
To hold a coins is depend on your belief, if you know it well you will hold for sure. Like for example Xem/Nem this alts is one of the coins which is good to hold in long term. Because it has a strong community, always giving updates to their community and a stable company too. Meaning, you must hold if there are some investors really love it and the buy support is strong not weak. This is for my opinion only.
Many people think that holding is easy but if the previous crash showed something to us is that holding is only possible if you understand why you invested your money in the first place, many people invested in bitcoin and other coins just thinking about the money and then when the price began to crash they understood they did not knew why they were here and now they lost money as a result of their impulsive decisions.

 Smiley Keeping will always give us good money but we have to be very careful about which currency we have to invest. Choosing a potential currency will always help us make more money but it must be long term otherwise you will not make much money. Be careful.
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