In my opinion, with regards to the innovation of crypto currency it has greatly help to the economic development of a certain country. It is because it gives extra income and jobs to those who can hardly find a job. Humans have the intelligence to provide such innovation in the advancement of technology that could bring us to better life and future.
|
|
|
I think bitcoin made a huge job market for the IT industry because the demand and the popularity bitcoin gained during last couple of years many organizations in various industries started to launch there own digital currency to make there business more effective and efficient with that they had to recruit large number of IT employees.Still no idea roughly how many job vacancies were created in the crypto world but it is increasing
Yes I agree, it really needs people who are knowledgeable about cryto currency for efficiency. It needs effective and efficient man power for market development.
|
|
|
I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.
At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.
Yes, it doesn't help being a pessimistic for it will pull us down. The growth of the market is in our hands being the believers of bitcoin. Let us spread that bitcoin is still immense in the crypto world!
|
|
|
Each country has its own development features, and they need their own currency for this. To equate all countries with one currency will be very unfair, and before that, all countries need to be brought to the same economic denominator.
Yes i agree, it must have same economic denominator for the development of the country. It has a big role of the economic growth of each country.
|
|
|
Almost every discussion about altcoins majorly is centered around ETH, this has taken over the first page of the https://bitcointalk.org/index.php?board=67.0 section. This goes to show the important of the coin in the space and how much premium is being placed on it. My belief is that ETH will not die and most ICOs will continue to launch on the network. This will make the price to back up as the demand for it will increase. Being the leading currency in altcoin category this is not new that this will create more attention in the altcoin discussion section as many investors had invested money in this currency and the growth of ETH is the growth of most altcoins that uses ethereum platform. This is the apple of the eye on the altcoin lovers.
|
|
|
Have you ever asked yourself this same question each time you panic sell during a bear market like this ? who are those buying? why are they buying? what will they use if for ? these are the questions i do ask myself and it helped me hodl some of my token and later made some profit from them .
Those who understand the market situation will buy during the dumps while those weak investors are in panic selling. If you will take the risk then you will gain bigger profits if the price will bounce back after the dumps. This is what the whales doing, they buy at the dip and sell higher.
|
|
|
It's already 'ber months, i really believe that this is the perfect time for bitcoin to pump up like old days, it is possible that bitcoin price will pump around $15000-$20000, so stay still and hold your BTC.
This will depends on how strong the market demand in the last quarter of this year as I don't see any good sign to make a good rally. It's just a small green candle and followed with a dump. I will be glad to see the price reach at $10k for the year end and continue the rally next year to hit another all time high. We need more patience to wait for a good rally.
|
|
|
It's unpredictable market and people can sell there ethereum anytime as long as they want to sell as we can't force them to keep holding. Although it's a drastic drop within a short period of time. We just hope that this will recover quickly as many token will be affected and the confidence of the investors will lost.
|
|
|
What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall. Can you share some strong reasons of why Bitcoin will last?
This is a unpredictable investment as the price will depends on the supply and demand in the crypto market. If ever in the future the demand will become lesser then the price will fall until it become zero. Although this might be true but I believe in this technology that this will continue in many years as this will be our future digital currency and more and more people will join in cryptocurrency that will spread the ownership of bitcoin worldwide.
|
|
|
Truth is that there is some people motivated with money and some that are not. So there are different motives for success in people, saying that it it is not motivated by money is true in some cases
Yes, i do agree that some are motivated with money and some are not. I also think it is a case to case basis.
|
|
|
Why are many disturbed about the drop in the price of bitcoin . Come on guys, this is the not the time to give up on this amazing digital currency. Although this year has been a very volatile year for bitcoin, but one thing has always remained whenever this amazing digital cryptocurrency goes down, it bounces back much stronger than it was before. This is hope that keeps most crypto enthusiasts like myself who are resilient and have compelled us to develop a strong faith in this amazing cryptocurrency called bitcoin. Please this is not the time to give up on this amazing coin. Yes, indeed! It's not the time to give up being strong is the one who succeed. Remember that how many times we failed just stand and continue aiming for the best. Bitcoin is an amazing digital coin for the future!
|
|
|
In my opinion, banks could really help our economic development. But what i don't like when theirs a system problem, the interest rate, and they control the money.
|
|
|
Well, most of the investors that get sucked in is the newbie investors and maybe a greedy investors, some people thought that they can earn easy money from ICO project, and the developers price prediction will come true, but most of the time in reality the price never reach the target and being dumped instantly after it hit exchanges, some people only tempted by the profit but not do the proper search, maybe they need a big lost to learn the lesson
Yes i agree on your statement, they were persuade by the profit without any knowledge. That's why they've lost from it.
|
|
|
In my opinion, money is something that to provides the needs of our family. Life is more comfortable if we can buy what we need to. We are very thankful in bitcoin because we can earn extra income. It is in our hands on how to spend money.
|
|
|
Curiosity surrounds the world of Bitcoin, that's for sure. But if you were to be asked to introduce Bitcoin to someone who knows nothing about it, how would you do it? What approach will you take?
I know it is hard to explain or introduce what bitcoin is. Well i will just say it that bitcoin is a digital currency that used a blockchain technology that transacts anonymity. We can earn profit but needs more patience to deal with.
|
|
|
Everything is ever obsolete) But, everything depends on the value! Gold is also quite an ancient value, everyone has become used to it for a long time, but it is still popular now and with nothing comparable, it all began ... I hope bitcoin will also become a kind of technological gold with time.
Yes I do agree on your statement. It depends upon the value, if many people would value it then it will still become bitcoin that being used by many.
|
|
|
This is what i am thinking also that having a cryptocurrency being regulated by the government is a good sign that the country has accepted and it will be good for the people out there who love to get involve in cryptocurrency investment. This is a really a good realization to some of the members who are actually speculating negativeness on the government on their participation. Therefore government pariticipation is not BAD at all instead it brings goodness to people who do love cryptocurrency.
Yes i do agree,, it is a good sign that bitcoin would be accepted and regulated by government for the everybody's development.
|
|
|
I'm unable to find a precise classification and/or similarity between the two words - debt and loan. Should we consider debts (where people are helped financially or in a way they want that help - and they need to pay it off either in instalments or at a go, be it through paper money or by any other means according to the agreement) as loans OR Is there anything that could help us classify both these terms and show some dissimilarities and differences between them?
Based on what i had read on a site, when we are in financial mess unable to payback the loans we have taken from several lenders, we for a debt consolidation. The loans and debt are taken together are considered as liability of the company.
|
|
|
Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
I think, it would be a nice idea to have a technology that could help government for any transparency to have good governance.
|
|
|
Between 2004 and 2010, HSBC laundered Billions of Dollars for the Mexican Drug cartels and nobody blinked an eye. After 7 years of doing this, they got busted and they paid US$1.9bn in fines. {This could be recovered in profits, within a few weeks} Most people saw this as a slap on the wrist for the people who were involved with this. Not one person working for the Bank got jail time for doing this. https://observer.news/featured/5-years-ago-hsbc-fined-record-us1-9bn/Ross Ulbricht, was sentenced to life in prison without parole for creating and running Silk Road, which allegedly facilitated the sale of $250 million worth of drugs. Why are we seeing such double standards, when Bitcoin is involved? In my opinion,bitcoin is being used for money laundering it is because transactions are anonymous. No need for identify to any transactions.
|
|
|
|