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1  Economy / Economics / Re: Cryptocurrency - future? on: November 07, 2018, 09:28:32 AM
As many of us in this community, I think it will slowly become more popular, not just as a store of value, but also as a truly considerable payment option, a real competitor to Fiat money.
2  Economy / Economics / Re: Who will finally win the Blockchain competition; USA or China? on: November 07, 2018, 09:25:41 AM
I do not really feel, it is a competition between these two in the blockchain industry, and do not think their governments even would want to win, they have different, more realistic "battlefields", crypto will gain more space in more "open minded" countries in my view.
3  Economy / Economics / Re: What will happen to Bitcoin if there is a global economic crash? on: November 07, 2018, 09:20:46 AM
Bitcoin was created in the last big crysis, kindof like a solution to global problems, I think Bitcoin is still out of the global economics trends, and it would perform well in such a global crash, or at least better than other assets.
4  Economy / Economics / Re: 10th Birthday, Bitcoin Price Is No Longer Exciting ? on: November 06, 2018, 12:20:47 PM
I would not say it is not exciting, seeing Bitcoin so stable is very interesting to me. And yes, prices have dropped, but that is what bear market is about, and I never thought, that bear market is such a bad thing, we need these times as well, if prices would always just go up, it would surely pop out, as many people states, this is just a bubble, but it is not.
5  Economy / Economics / Re: What language should I learn next? on: November 06, 2018, 12:15:09 PM
If you are somewhere from the western countries, than learning an asian language can be a very good idea. I personally learned English, german, spanish, would be nice to know some asian language too, but do not feel the strength, that I can do it, seems to be very difficult to me with these different characters, but very useful indeed.
6  Economy / Economics / Re: current situation of cryptocurrency for 2018 on: November 06, 2018, 12:10:54 PM
We may not see a bull market this year, but the longer we wait, the stronger the next bull market will be, but I do not think we need to wait another year for that to happen.
7  Economy / Economics / Re: What will happen to bitcoin? on: November 06, 2018, 12:07:05 PM
We can not be sure about what will happen, but can can hope, and believe, that price will be much higher in the future, than what it is now, and also, Bitcoin will be the part of the culture, a well accepted asset, known by most of the people.
8  Economy / Economics / Re: What do you think about crypto currency issued by the government? on: November 05, 2018, 10:31:07 PM
It is a good sign, if governments want to do something about cryptocurrencies, and it is not about bann, destroy, it. Looking forward to see national cryptocurrencies, even if I am not sure if they are realy needed.
9  Economy / Economics / Re: How can we make this world economically better? on: November 05, 2018, 10:27:24 PM
With globalization, these differences can get smaller in my view, the world is "getting smaller", and so new opportunities rise to people, who need, and are willing to break out. But all people will never be truly equal unfortunately, that is not going to happen IMO.
10  Economy / Economics / Re: Why we must study Economics at University? on: November 05, 2018, 10:23:51 PM
For me, it is true, I have studied economics in the University, not sure why I have chosen it, I think I was just interested in mathematic, finance, and these kindof things.
11  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: November 05, 2018, 10:21:34 PM
It is a general problem, which will be solved by the time IMO. One problem is, that stores do not accept Bitcoin, if so few people would pay with it, but as there are so few stores which accept Bitcoin, adoption of people is also slowlier.
12  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: October 31, 2018, 08:51:53 AM
It depends on the mentality of the child in my view. Some people are borned the be a "business man", and so it is nice to support, and teach them to be succesful in it, while other people are empleyee types. I would not say any of them better, the world needs both mentality.
13  Economy / Economics / Re: Confirmed, bull run begins now, what expectations? on: October 31, 2018, 08:46:48 AM
My plan is to buy more cryptocurrencies, when the bull run really begins, but I do not feel like it is happening right now, and we can see, it has neither began in july. A couple nice days does not mean bull run IMO, I think it will last for months, or even a year, but not sure when it will start.
14  Economy / Economics / Re: Is the US Dollar Too Volatile? on: October 31, 2018, 08:42:08 AM
Truly, inflation is an accepted part of the economy, but let's not forget, that the salaries are also rising, and not just the purchasing power decrease. So it is a little bit different, than what we see in cryptocurrencies, where prices fluctuates more rapidly. So all together, Fiat is still more stable, but it does not mean of course, dollar is a better investment, than Bitcoin for example.
15  Economy / Economics / Re: Friends reactions to crypto currencies? on: October 30, 2018, 09:32:48 AM
I think it is OK, if somebody do not care, or believe in cryptocurrencies, we are all different, and so if my friend has different opinion (which happens quite often, crypto is really not for everybody yet) I can live with it.
16  Economy / Economics / Re: Each country has its own crypto currency! on: October 30, 2018, 09:28:26 AM
Would say USAcoin, but this is not really a realistic question IMO. Smiley If all the countries launch their cryptocurrencies, which they control, than it is not really different, than traditional Fiat money.
17  Economy / Economics / Re: Is cryptocurrency help to expand the world business? on: October 30, 2018, 09:24:42 AM
Surely, it does help, but it's role is not that significant yet in my view. Big companies rarely accept Bitcoin or other cryptocurrencies, because the volatility could kill their profit for example.
18  Economy / Economics / Re: Will the bitcoin be outdated by another currency? on: October 30, 2018, 09:17:22 AM
We have cash for hundreds of years now, and it is still not outdated. I can not say, Bitcoin will not be able to become outdated one day, but we will not see that IMO, it will happen so far away from now.
19  Economy / Economics / Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price? on: October 29, 2018, 09:15:06 PM
I do not think there is such a think, that we can not afford Bitcoin yet, maybe not a whole, but everybody can be part of the journey. Investing in smaller coins can also make sense, but we must know, most of them will not get to a level, like Bitcoin.
20  Economy / Economics / Re: the future real money on: October 29, 2018, 09:10:52 PM
We are making virtual money payments nowadays too, but not very often, and mostly for crypto related assets I guess. For wider adoption, we probably have to wait more, patiently, it can not happen instantly.
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