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1  Economy / Economics / Re: Will the bitcoin be outdated by another currency? on: August 29, 2018, 02:53:17 AM
Bitcoin is simple, and that's what people like. People want to store value, move value back and forth, and if possible, at low cost. Altcoins have been offering all sorts of gimmick features throughout the years, but 95% of the people aren't interested in using these features at all, which once again points out that it there is no such a thing as Bitcoin being outdated.

Another aspect I see people complain about, is that Bitcoin's transaction fees are so expensive while altcoin fees are so insanely low. Roger Ver did that too, and he even made fun of Bitcoin various times in his streams as well. People should understand that the only reason altcoins are able to offer cheap transaction fees is because barely anyone is using their networks. High fees = high demand for block space. Low fees, or even no fees = low to no demand for block space (ie, coin is practically redundant). While I don't like altcoins, I do like their presence and the global interest in them. It's impossible to point out exactly, but the altcoin market makes sure a very large number of Bitcoins are taken out of direct circulation, and that makes sure there will only be more coin scarcity in the coming years. In other words, booming altcoin market is great for Bitcoin as well.

I gree with answer of you.
2  Economy / Economics / Re: Will crypto solve socioeconomic problems? on: August 20, 2018, 07:53:32 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
Broadly speaking - Bitcoin solves the problem of verification. It allows getting verified answers from a group of untrusted individuals (See my answer here for details on How Bitcoin Mining Works), instead of trusting a single authority to do the verification.

Narrowly speaking - Bitcoin is focused on the banking/financial system. It is meant to facilitate financial transactions directly between peers without clearing them through a central bank. As an open 'democratized' system, it should also reduce fees to the minimum the market would accept.
3  Economy / Economics / Re: Simply predict the future of bitcoin on: August 17, 2018, 06:32:19 AM
There will be many bull runs and prices will be ever higher but I don't need to predict or trade my money because it is the best way to keep money growing compared to other investments.

I think the same as you.
4  Economy / Economics / Re: Global financial crisis on: August 15, 2018, 09:14:29 AM
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.

How long do you guys think we have until we face the next crisis?

What makes you think that gold and cryptos will be a safe heaven?
What if all financial assets (digital and non-digital) are hit by the crysis and their prices crash?
During the great depression there wasn't any safe heaven asset that will maintain a stable price.
The big crysis will first hit countries like Italy,with their huge goverment debt and problematic banks.

What makes you think that gold and cryptos will be a safe heaven?
gold and cryptos price fluctuations by market. personal opinion
5  Economy / Economics / Re: Will the bitcoin be outdated by another currency? on: August 13, 2018, 08:30:55 AM
For me theres no impossible since we have so much time to wait,and so long way to go..yes bitcoin is the first coin,yes bitcoin has limited volume,yes bitcoin ithe highest valued coins as of now..but remember theres no permanent in this world.theres a situation that will come and wont be managed by this great coin and will lead for the outdated.so what we do now is wait for the right time.
The answer is good, I think so too.
6  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: August 10, 2018, 07:48:56 AM
If that incident wasn't enough for the global telecoms networks to consider fixing the flaws, white hat hackers from Positive Technologies now demonstrated how cybercriminals could exploit the SS7 flaw to take control of the online bitcoin wallets to steal all your funds.

7  Economy / Economics / Re: How did Crypto help you out? on: August 09, 2018, 07:23:33 AM
BTC help me change lives, low salary can not develop life, thanks to bitcoin that I change life and have a more stable life.
8  Economy / Economics / Re: Why people are still buying BTC? on: August 08, 2018, 02:55:56 AM
Because all the media talks about is bitcoin.

Because people are generally ignorant and not well informed.

Because bitcoin is the first recognizable option they see when they're buying.

All of the above.
9  Economy / Economics / Re: Bitcoin and Future of Economy! on: August 02, 2018, 08:47:11 AM
Digital Currency Is The Future. Bitcoin has been considered by many the currency of the next generation because of it’s anonymity and value. Today, it is currently worth well over 7.650$USD, and will probably keep up rising. It can be used just like real money, but it’s all inside your computers. With it’s price, you can buy anything from a hard drive all the way to a car, house etc.
10  Economy / Economics / Re: If Bitcoins aren't tied to a conventional currency how did they get so valuable? on: July 30, 2018, 07:32:44 AM
This cycle repeated two more times in 2013. In May 2013, bitcoin's price briefly rose above $250, before falling by about 80 percent. Then in late 2013, bitcoin's price rose above $1,000 before once again crashing by 80 percent. The current boom—which has taken the currency from a low of $200 in early 2015 to a high above $10,000 in recent days—is the fourth major bitcoin boom.
11  Economy / Economics / Re: The dollar affects Bitcoin? on: July 27, 2018, 08:05:47 AM
I agree with you. The dollar is rising, and the price of bitcoin also changes.
12  Economy / Economics / Re: Bitcoin and Economy on: July 27, 2018, 07:59:53 AM
I think there will be a lot of people investing in bitcoin in the future, as this is the largest virtual currency and scale in the future. Hope a lot on this coin.
13  Economy / Economics / Re: The Cryptocurrency Market and How it Influences Our Economy? on: July 25, 2018, 03:34:40 AM
Until now, the surge in cryptocurrency markets has been a sideshow to the financial markets or the real economy. Prices have gone up a lot for bitcoin and other cryptocurrencies.

1. Increase economic income by cryptocurrency?
2. The Cryptocurrency Market and How it Influences Our Economy?
-----------
What do you think?
Four Cryptocurrency Future Scenarios
What are these possibilities?

1. The Federal Reserve could issue its own digital currency, as some global central banks are exploring.
2. Large companies such as Amazon, Walmart and Starbucks might issue digital coins that inspire trust and gain wide acceptance.
3. Retail giants, by accepting payments in the currency, could elevate Bitcoin, Ethereum or another cryptocurrency above the others vying to offer safety, soundness and utility.
4. Finally, if  trust is lost in government-backed, or fiat, currencies, a cryptocurrency future could come about by default. That may be a risk not only in places like Venezuela, but in the U.S., where federal deficits are spiraling.
14  Economy / Economics / Re: The Cryptocurrency Market and How it Influences Our Economy? on: July 24, 2018, 03:27:02 AM
Until now, the surge in cryptocurrency markets has been a sideshow to the financial markets or the real economy. Prices have gone up a lot for bitcoin and other cryptocurrencies.

1. Increase economic income by cryptocurrency?
2. The Cryptocurrency Market and How it Influences Our Economy?
-----------
What do you think?

After the strong fall, bitcoin today has risen back to $ 7,719 / BTC. Bitcoin is my life, thanks to bitcoin my life has changed a lot. Many people get rich by bitcoin and other cryptocurrencies. Grin Grin

I expected that from the time to the last year 2018 bitcoin will be going to continue and reach $ 20,000
15  Economy / Speculation / Re: What do you think about the future of bitcoin at the end of 2018? on: July 20, 2018, 06:43:13 AM
According to a Bitcoin investor, I slate to reach almost $ 25,000 by the end of 2018. I further thinks that it will rise to $ 125000 by 2022. These numbers are quite bullish. According to a report by Fundstrat Global Advisors, the recovery in Bitcoin will be pretty fierce as well. Also, most of the experts believe that by the month of July, there will be a complete recovery. After that, Bitcoin will again be able to head to newer highs as well. This is the reason why many investors think that it will be able to hit new highs consistently during the 2nd half of the year.
16  Economy / Economics / Re: Why the price of bitcoin rapidly going down on: July 19, 2018, 08:07:10 AM
Wondering why bitcoin is rising or falling? Here are a few key factors that tend to affect its price.
To say bitcoin is volatile is an understatement. Its price can swing wildly on the turn of a dime, making and breaking fortunes in the process.

That might lead you to ask: What affects the price of bitcoin, anyway?

Truth be told, it’s a complicated question i might not be able to answer for sure. However, you have a few ways that might help you see where bitcoin’s price is headed.

If you keep an eagle eye on cryptocurrency news, you just might be able to buy or sell bitcoin profitably before everyone else catches on. But a big caveat that comes with all cryptocurrencies: There’s no guarantee. To keep up with events that may affect the price of bitcoin
17  Economy / Economics / Re: Bitcoin's High Volatility on: July 18, 2018, 07:04:52 AM
Will Bitcoin price change be an sign of an outbreak in the late 2018? I believe in this price fluctuation.
18  Economy / Economics / Re: Bitcoin bull run begins now? on: July 17, 2018, 02:29:03 AM
It would be great if what you say happens in late 2018.
I think if the bitcoin is back to $ 25k then I'm happy.
The opinion of a poor trader.  Sad
19  Economy / Economics / Re: bitcoin and altcoin on: July 16, 2018, 02:40:15 AM
Bitcoin is still the most hopeful currency for present and future. Altcoin is just the currency of the past, now most of the concern is bitcoin because there will be nothing to replace the current bitcoin, bitcoin is the main profit in the world of Cryptocurrency.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Hold or sell ? on: July 12, 2018, 04:06:43 AM
I think you should hope. Sell and regret, keep it difficult. Sometimes you should challenge yourself
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