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21  Economy / Economics / Re: Will the bitcoin be outdated by another currency? on: September 24, 2018, 05:11:24 PM
will gold be outdated by fiat? This is the kind of question we ask ourselves when we compare something we don't fully understand, to something meant to coexist. Outdating is a complex arguement, because everything has a time and place to be the flavor.

What btc will provide, will not become outdated. The other currencies looking to expand on its origin would have to be valued for the percentage of innovation and then compared to the creation of the cryptocurrency in the first place. Its like giving credit for good genes. Satoshi took things from different projects, and made one product providing all the things they tried to deliver. Sure, some one will come along at the right time, and say, hey this is missing this, that is missing those, and solve. Still the amount of time since btc creation, and what it provided for 8 years without any real competition, makes the probability of there being an aspect to solve that would catapult a currency to stardom, less and less about what separates the coins, and more about compatibility and agnosticism.
22  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: September 24, 2018, 04:49:31 PM
My previous posts allude to "then" as the best time to buy. I look at the clock and the date, and "it is now". And I don't believe a words coming out of my mouth. I would say over the next year the low will be reached. No one knows how long it will stay lower. My best guess is the range will remain within 30 percent of the current price. This is basically the low, where lower for longer is in play. The now question is loaded dice catching a fallen knife. Dollar cost averaging into btc asset starting now until next year would not do you wrong in hindsight.  If you want the low you shouldddd get within 15 percent of the absolute low, by dollar cost averaging dips over time. I like under 6500 as my buy price, and over time I buy more, if It hasn't hit 5900 in 3 months, I buy some more, if it crashes, I buy some more, if it goes up, I wait for some kind of new range below 6500,  I don't buy more than  a certain amount per month. And I don't buy during rally months. I expect to buy dips.   Trust me, you have a better chance of running out of money buying it too high, than using this strategy and not getting all your money in at the right price.
23  Economy / Economics / Re: What can be done to make bitcoin stable? on: September 24, 2018, 04:33:56 PM
Everyone is putting a lot of eggs in the ETF basket. The regulatory commissions soon approving its trading, will create an inflow of money the crypto space hasn't seen in years. This will ultimately give the ok for large investors to wet their beaks. The price will be much more stable at a much higher level. When the ETF is approved, no one knows. Many think sooner rather than later.
24  Other / Meta / Re: Dear Newbies: Please don’t buy Merit! on: September 23, 2018, 08:21:13 PM
You just made an amazing post. I was hanging onto every word until I got to your last line, "  sMerit was airdropped to existing Merit sources a few days ago".  Does anyone not find it a little frustrating that more merit was dropped to the Same people as everyone else without merit were demoted? Why would someone with merit get free merit, and people at the bottom without merit get penalized. It almost aches to problems we have with the 1 percent.
25  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: September 23, 2018, 03:13:26 PM
For certain countries, entire constitutions are designed to make a liability deterministic of a liability on a side, and make  whole should something go awry. This is one of the first peer to peer technologies on the cusp of providing the legality aspect. Yet we can't for sure protect all sides given what product features are currently scaled into the Cryptocurrencies. Time, it will take time is all.
26  Economy / Economics / Re: Asians are the most bitcoin holders in the world. on: September 23, 2018, 03:06:17 PM
This is sort of relevant, sort of off topic. The most Bitcoin wallet holders by nation is actually the phillipines. With about 5 million out of the 100 million population owning a wallet. The answer is that the continent of asia will be mass adopting Cryptocurrency first. Whether or not they hold the most, seems really relevant to this statistic. The amount held and the total number of wallet holders...Who knows though, without knowing who Satoshi is.
27  Economy / Economics / Re: LIFE GOES ON. on: September 20, 2018, 03:34:38 PM
Life doesnt really move until the emerging technology establishes itself. We are all in a heavy accumulation phase. Life basics necessity, and we wait for Crypto valuations to be the societal reminder of decentralized change.
28  Economy / Economics / Re: Why do you think the market is down right now? on: September 20, 2018, 08:50:13 AM
Right now, the market does not believe in the solutions crypto is providing. Either its not ready for mass adoption, or there are other solutions that need to play out legislation wise (ETF) that will catapult distribution flows into the space. Either way, right now is the key word, being that this is the future of emerging technologies
29  Economy / Economics / Re: Who is the richest person? on: September 20, 2018, 08:48:09 AM
The richest consortium on the moon will be Vitalin and friends. Give it a few decades and the world's wealth will belong to even fewer people, led by crypto creators. Bezos will always be in the list. Bill gates and buffet will make way for new crypto royalty.
30  Economy / Economics / Re: How did Crypto help you out? on: September 20, 2018, 08:46:25 AM
Crypto gave purpose when no other assets promised real upside. Stocks were undoubtedly going through pain trades when I found crypto. Even the 10 baggers that were guaranteed to revalue higher took years. These were assets that had the revenue on the books, so nothing made sense. Now we have crypto which can 10 bagger in weeks. It has helped me realize emerging trends and get in before, unlike how we get IPO on stock market after everyone has a full valuation multiple on it. Crypto has the most upside.
31  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: September 13, 2018, 11:20:55 PM
I believe the countries cannot protect their interests on behalf of their people against peoples of other places. We have to be able to secure our borders in some way shape or form before we let a global currency infiltrate every aspect to our lives. Eventually there will be a full adoption, it just takes time for the industry to have a mainstream ready logistically sound, international compliant product.
32  Economy / Economics / Re: bitcoin investing on: September 12, 2018, 06:25:18 PM
Harvard MBA's and the world elites agree a 55 45 portfolio balance. 55 percent btc 45 percent ethereum.
My team said ethereum would break 200, and it just broke the price. Its a hell of a great time to be accumulating. You have the right idea choosing to invest in a major cryptocurrency. Congratulations. You are already very much ahead of most of the world, by spotting the emerging technology of the century and making the decision to get it.
33  Economy / Economics / Re: People are not motivated by money. on: September 12, 2018, 06:21:28 PM
People are very much motivated by money. They may say they aren't, but when it comes down to, it single individual will reference it in an argument they need to win. Basically, they may not be motivated by it, but if its around or its needing to be used, you won't see them demotivate.
34  Economy / Economics / Re: War on cryptocurrency! on: September 11, 2018, 06:53:05 PM
Because the people developing the products are incapable of producing mainstream products at the moment, by their standards. When the technology gets better, and it it worthy of showcasing for mass adoption, then they will have a listen. I don't want to promote this as the future right now. I mean, could you pull up 90 percent of coins without working products, and push this ON THE ENTIRE WORLD. Probably not. Even if you push what does work, whats left is noticeable in the industry.
35  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: September 11, 2018, 06:45:58 PM
Because they do not understand what the technology will eventually encapsulate. The networks will hold low latency storage transfers and hold virtual reality, augmented reality, phone infrastructure, and decentralized internet in a peer to peer autonomized , self govered protocol. Nothing in the world ever could exist in the future without this tech. They moan because they think, "this is the future, why isnt it going up right this microsecond". This is suppose to hold us over for 50 years and they want it to go up tomorrow or else they pull the plug on investment. You cannot change their inexperience with something as great a magnitude as this, so you let them be is the answer.
36  Economy / Economics / Re: Bitcoin after several years? on: September 08, 2018, 07:14:08 PM
Several years later, more people, not less, are using the product. Developers create features and utilities , while payment gateways balloon the use of btc for spending purposes. Many wish they had believed in why we are here right now. To bounty for the ultimate coin. Yes, it will go places. To the moon, unless you can do one of two things. 1. Convince people there is a new god father of crypto, which would entail creating an innovation that dwarfs the scale of what bitcoin was designed for, or 2. The supply somehow increases even though millions more beginning to use it.

Imagine this, if every ww2 veteran no longer lives, will the war be any less remembered in magnitude? This is us. We are the first world war of bitcoin. The next generations will surely be a part of all the same. This is almost a heritage coin.
37  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: September 07, 2018, 08:17:07 PM
Judging from the perspective of what people were willing to pay for bitcoin a few months ago. 20k. No one knows. We are priced where other coins die and other coins make stands. I have been in a market where everything dies, nothing holds up, so this can go lower. This is pretty much the price I like to purchase at. If I get it any lower it will make me question whether its even real winner. I make bet you don't get to see much lower price. We aren't fools. We know what this should be worth. By en large 98 percent of holders argue this is a great entry.
38  Economy / Economics / Re: How Long Crypto market will take to recover? on: September 05, 2018, 11:24:23 AM
For me, its not about how long the market will take to recover. Do not risk anything you can't afford to lose. This is a price range where coins want to come up. A little lower, and coins start to die all around the major coins. When the coins are valued higher, all the altcoins will be valued higher. I don't understand the question. You know the bottom, this price range within +-20 percent. And you know it goes to the moon. Anyone speculating on this temporary quick moving range near cheapest point, is playing with fire. Buy, n hodl. Dont leverage your house, put up to 15 percent. Stick to majors. If you are asking how long to recover, you are making a seriously tough decision not even the smartest guys in the room can make with the data thats available.


Btw me and you, the crypto has seasonality. twice a year it likes to come down. Plus or minus an extra trough, its seasonal recovery. So plan around the seasons.
39  Economy / Economics / Re: How to Retire in Your 30s With $1 Million in the Bank on: September 04, 2018, 02:40:28 PM
Or one could just sell their classy car they own to justify the life presented in the article.  Buy 100 eth and be doing nothing. A million dollars isnt rocket science. Its eth at $29,000 for a 100 coins, or the price of a honda accord new, which many people seem to own, yet so few a millionaire in 10 yrs.
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: METACASH META on: September 04, 2018, 12:43:24 AM
The wallet works like a gem. The wallet syncs faster than any other wallet I have downloaded tbh. Not shilling too hard here, ive downloaded a few wallets and they won't sync. Then the devs have this rule book of things you have to fix to make their product work. Its widespread. Its frustrating. Im no genuis, I just want to download, and it sync.  So, I come across Metacash, 5 days old, if you could imagine my surprise. Branddd new project.  The wallet downloaded and synced in minute maybe? maybe two. It was so much quicker. Ive tried 5-6 multi hundred million dollar projects, and this works Better than those. Not going to name drop.
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