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Economy / Economics / Re: Is this basically just another way to make money?
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on: September 15, 2018, 08:05:44 AM
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It's of course a way to make moneybut it cannot reduced to only that. And I think this is a big problem today in crypto, investors and traders see the profit they can make before the real application of the currency or the project itself.
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Economy / Economics / Re: If USD falls
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on: September 15, 2018, 07:55:55 AM
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We were already seeing many investors selling their USDs and buying bitcoins.In such a situation,if USD price falls,then it would only make more investors to buy bitcoins and it would inturn increase bitcoin price.
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Economy / Economics / Re: Politicians fear cryptocurrency because it will stop corruption.
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on: September 15, 2018, 07:52:28 AM
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Meaning you still have partial protection from the crypto currencies. You can never know the names of people in this industry. All you can know is XYZ address sent money to ABC address or CDF address is having 1000K bitcoin stored. etc etc. But this always keeps up the anonymity of the users and thus politicians may not get hampered with this.
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Economy / Economics / Re: important point
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on: September 14, 2018, 10:06:37 AM
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Especially for those who have the desire for financial freedom. More specifically it was used as a payment method. For example, it is possible to purchase online transactions with bitcoin, it is very convenient and fast.
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Bitcoin / Bitcoin Discussion / Re: The FALL OF BITCOIN
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on: September 14, 2018, 10:02:31 AM
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Be that as it may, as the esteem expands individuals saw the potential in BTC and the conceivable advantage of holding and trading. I think there is no issue with that. Much the same as in forex. The cash they utilize is as yet a money. They may not utilize it for installment purposes but rather it is as yet a money.
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11
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Economy / Economics / Re: The value of bitcoin?
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on: September 14, 2018, 09:58:59 AM
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I believe that it will go up but dont know what will be the next. The value is we know the best reason why we love btc meaning it is valuable because of its value.
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12
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Economy / Speculation / Re: Are you sure that bitcoin will fall?
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on: September 13, 2018, 09:35:55 AM
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Bitcoin is attracting more attentions from the world because of its high rising value, but this trend may not last forever because to survive in the future, bitcoin will have to evolve and more stable to community than ever before, so if bitcoin can not evolve itself in the future, it will fall and be elliminated in the future.
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Bitcoin / Bitcoin Discussion / Re: False fear about BITCOIN.
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on: September 13, 2018, 09:32:07 AM
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It will not happen ever. People invest here to profit. When they need the something like their necessaries they might sell them. Keeping one’s all money in bitcoin is not possible. None keep their all money to bank. They use it, pick that,use that, and again keep that. People will use bitcoin till it exist. Buying and selling will continue till it is alive.
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Bitcoin / Bitcoin Discussion / Re: What Frustrates You Most When Using Bitcoin?
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on: September 13, 2018, 09:29:16 AM
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I'm frustrated with the use of bitcoin to let my family know because of the first one when I find bitcoin I'm not asleep day night I'm just a bitcoin I have almost never eaten at the right time thinking of how to get it here bitcoin I did not think of my family but I thought I did not have to take a bitcoin it takes time to get cash out of here now I have time with my family and bitcoin.
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Bitcoin / Bitcoin Discussion / Re: What is best wallet for long term bitcoin holding?
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on: September 12, 2018, 09:30:11 AM
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I bought a Trezor wallet last year after i got hacked because of stupidity and now this wallet is like my bff lol. When buying, make sure that its from an original source and not some shady website, because people are selling modified hardware wallets so they can steal your data.
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Economy / Economics / Re: What will you do with the current market?
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on: September 12, 2018, 09:26:52 AM
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Still with the downfall of the market many people as well are taking advantage to buy coins at a lower cost and I still believe that it will recover in the future we should not be manipulated by our emotions because we will all loose if we panic sell. Just stay calm and be patient.
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Economy / Economics / Re: why the state does not print a lot of money?
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on: September 12, 2018, 09:23:08 AM
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I don't think it will be good for a country to print a lot of money, because then, their real currency it will be worth nothing. I heard that there are some African countries tried this thing and they suffer the consequences. I think a lot of billions of their currency worth few dollars, It's weird.
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