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121  Economy / Economics / Re: why the state does not print a lot of money? on: July 01, 2018, 06:39:23 AM
Printing the useless money in paper does not help paying debts. Without a back up value that is a real resource, there will be no guarantees money in paper will be accepted. Faking money is adding loses to the governement. So in the same way printing too many paper money is just the same. Only rats ate paper people don't. The printed paper only represents the real resource of a country. This os in the same way how cryptocurrency works. Codes and other digital data doesn't really count. What counts is the real value it posses.
122  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NEO Could Surpass Bitcoin By The Year 2019 on: June 30, 2018, 06:18:45 PM
Any coin can have the opportunity to surpass bitcoin. Anyway these are just predictions that might as well be true in the future. We don't know it yet but for now even with bitcoins bearish market it was not yet surpassed and the had since then been leading the market. The  graphs still says it.
123  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long term vs. Short term on: June 29, 2018, 07:14:16 AM
I did not hold as many coins as of now but I had my sight on hding ethereum. The problem was it did sink down to the bottom that I am losing money. Yet I still believe this bearish market will rise again so I am holding it for long term. For now I think that is the most appropriate thing to do. Im just holding on.
124  Bitcoin / Bitcoin Discussion / Re: The FALL OF BITCOIN on: June 29, 2018, 03:35:49 AM
Well certainly bitcoin becomes the equivalent of greed not for all though. Others are using it wisely but too many are looking to get rich and are even involved in scams. To them bitcoin is money and is even worth more than gold as a comparison. Yet now that the market is down, nobody was too proud to say it. Because they can't make profit anymore. Maybe this is the proper time to turn it into a currency.
125  Economy / Speculation / Re: Time to buy more and HODL!!! on: June 28, 2018, 08:57:12 AM
This maybe a good idea in this times of hardships and price downfall. Market isn't so good but if people will allow atleast a short period of time for recovery maybe it will help those who thinks negatively. Many are experiencing FUDs due to this longterm downtrend. It seems everyone is not showing off more interest and just fear remains. Why not hold a bit and see how it could pull the trust to fuel their courage to invest again.
126  Economy / Economics / Re: Crypto being unregulated is a strength and an advantage on: June 28, 2018, 05:45:52 AM
Yes I believe so. Regulation could stop businesses from really improving on the businessman's view. They are there to make money and how can they if there will be too many Regulations? That is why I think people are trying to move on to cryptocurrency as a business because their is less regulation and they are free to do what they want and they are borderless with cryptocurrencies which means they have a wider scope than normal. Yet some concerns are also raised on the government side. The economy is always affected with the movements of money. Wether it is cryptocurrency or fiat, a country maybe affected that is the reason why they are monitoring or regulating businesses for the everyone's advantage. So for me it ia quite complicated really. I could agree on both sides.
127  Bitcoin / Bitcoin Discussion / Re: Bitcoin SCAM! on: June 26, 2018, 08:47:16 AM
This happens most of the time! You got invited and then promised that if you invest you will get more money. I have asked myself about this. What do they get out of me that they promised so much that I think even if I would invest it would sound still questionable? If I could get rich that instant maybe they would not have called me anyway. They should have been silent about such fortune and let themselves be rich. So I am certain that these promises isn't really true. Therefore such idea is a scam. This is how I know them more often.
128  Economy / Speculation / Re: Bitcoin, the highest fall in the year 2018 on: June 26, 2018, 03:42:54 AM
There are changes in everything, especially one relating to the economy. When crisis occurs many will suffer including businesses. I believe that bitcoin could have done better if the world economy was good. I have heard news about trade wars or something related which may have an affect the values of the coins and that is the reason why maybe we have experienced these fall of bitcoin prices. The concerned government must protect the movements of money to protect their economy so maybe this is the reason for so much regulations of all trades especially for cryptocurrencies.
129  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: June 25, 2018, 02:58:01 AM
Let their be more people using it and manipulation by big whales won't work anymore. The lesser people joining the more they can manipulate or control it. We need to use bitcoin as a currency for us to control so much volatility in it. Add more stores or establishments to use it so we can do help stabilize the price. And moaning probably will be no more. Just maybe though since things are always unpredictable.
130  Alternate cryptocurrencies / Altcoin Discussion / Re: Still did not get bounty rewards? on: June 25, 2018, 12:43:11 AM
This is really bad. Some ICOs do not really pay maybe because they failed and many as the bounty managers said are scams. We were told to leave it. I don't understand how they ended up saying it was a scam. While the ICO team is saying they are still doing their best. Sometimes I got confused who is really telling the truth. So we got stucked and there were too many of us. Now we are waiting for it. I don't want to name the ICO until I knew everything is really a scam.
131  Economy / Economics / Re: BITCOIN IS NOT BUBBLE!! on: June 24, 2018, 10:36:00 AM
They can be right considering that the price sometimes is pumped up so fast and drops suddenly sometimes. The whole idea for this could be due to investors usage of bitcoin. Too many are just keeping their bitcoin in the blockchain awaiting for profit as the price go up but when it goes down this people suddenly changes their mind and sell it causing price to go down and while others are thinking it is going down they do the same creating somewhat like a chain of reaction to make a stop loss. Yet even with this sudden change of value I don't consider bitcoin as a bubble. Maybe it just because of the nature of humans to fear something uncomfortable that causes all these. A bubble maybe is one that explodes and is lost forever or in other word one the starts going strong and all of a sudden is lost forever because it really does not have any utility and is just a pumped up value.
132  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: The End Of The Bounty. on: June 24, 2018, 12:55:09 AM
There will always be bounties as there are new businesses being planned each day. People will never keep getting tired because they want to seek good fortune. Just how the graphs rise and fall it will be how companies will be rising and falling out of business. This is how I felt things will be happening in the future to come.
133  Economy / Economics / Re: Is the government really scary? on: June 23, 2018, 11:59:48 PM
I don't see any reason for the Government to be scary. Wether it would ban crypto or not. It is their job to help keep the country in peace and stability. If cryptocurrency may not be beneficial to the economy then certain actions must be done. It is not the action of just one person but of many who thinks over the situation so expect that it should be just fair. Why aren't other countries not banning crypto? It's because it is not a threat to their economic status. Just like ours!
134  Economy / Economics / Re: Bitcoin price "drop" on: June 22, 2018, 02:17:05 PM
Its good to educate people but you can never tell them to stop the FUD. It is the nature of human to fear when they see something in the uncomfortable zone. If bitcoin was only 5 dollar and it dropped to 1 dollar same thing will happen. Losses will just create fear. We can't stop people's emotions. If anybody can promise that the price of bitcoin dropping that day will rise tomorrow nobody will be feeling it. And who else would wan't to sacrifice his/her own money. Because there was no real utility and only more of holding prices will go on very volatile. So the best solution is to create more business to use bitcoin to stabilize volatility to a minimum such that anybody can sell bitcoin without affecting the price as much. In this manner FUD maybe a bit lessened.
135  Alternate cryptocurrencies / Altcoin Discussion / Re: Shopping using crypto? on: June 21, 2018, 01:45:27 PM
For a change it is good to buy using cryptocurrencies. But for me it seems a bit far from happening in our locality. Too many situations had to be addressed like the way our stores sell. In our area we are still doing the traditional method of selling. No online trading yet and stores are small that it would be costly for them to sell using the internet. It will become a financial burden to them.
136  Bitcoin / Bitcoin Discussion / Re: What happens if we die? on: June 21, 2018, 04:40:02 AM
If the owner of the bitcoin dies, no one will ever be able to use it. Not unless may be if the private key is retrieved. They will be left on the blockchain certainly untouched. So if you want sonebody to secure it maybe entrust it to your family so that if anything happens to you they can get it.
137  Economy / Economics / Re: Bitcoin and Economy on: June 20, 2018, 12:57:06 PM
The probability of 80 percent is a very huge number. If it should happen bitcoin could have been totally mined at that time. I don't know what might happen to its value but one thing is certain, Taxes are still paid indirectly. I could say this will be happening because for sure business establishment will be taking part in this development and stores will be opened with bitcoin as payments. Though no taxes are paid directly but the products are taxed thus when you buy you are paying taxes indirectly.
138  Economy / Economics / Re: Money laundering tools on: June 20, 2018, 01:28:58 AM
I think this is not really the case. This is not absolutely true. With bitcoin the users become anonymous but only to a certain point. If you exchange your money back to fiat currency then it is possible that your identity can be known. I am sure that if you are a person of interest and they want to track you for money laundering you will certainly be caught if you will be converting your bitcoin back to fiat because exchanges have your identity at their disposal. There are KYCs just like in our locality.
139  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: June 19, 2018, 03:09:55 AM
Yes certainly. We often heard about news that even military facilities and other secured networks are hacked. So I would say it is very much possible. Don't just open your wallets anywhere ans secure your private keys.
140  Economy / Economics / Re: War on cryptocurrency! on: June 19, 2018, 01:29:11 AM
Cryptocurrencies are always a hot topic to the government because it would affect the economy and their is is so much about it to make money. Money makes it attractive and as there are fortunate people around others followed thinking they might have great fortunes as well. So there are scams and all sorts of efforts to make one instantly rich.
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