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1  Economy / Economics / Re: Future of Cryptocurrency on: May 26, 2018, 10:47:39 PM
I believe that in the future, cryptocurrency will be accepted widely in many different countries. I expect that Europe will have the first country to accept the cryptocurrency in daily life. And the next thing I am dreaming of is that bitcoin will hit at least $100000
2  Economy / Economics / Re: How is Bitcoin different from Etherium? on: May 26, 2018, 10:44:38 PM
Bitcoin is the first cryptocurrency so it is somehow obsolete compared to ethereum. And in my opinion, I believe that ethereum is better than bitcoin. In the near future, ethereum might become a subject for people to study about the blockchain and the cryptocurrency
3  Economy / Economics / Re: bitcoin vs world economy on: May 26, 2018, 10:42:43 PM
well, I think that in the future, bitcoin will have its place in the world economy. Right now, people try to prove that it is one of the biggest inventions of the humankind. Many of them want bitcoin to be used as the main currency daily. I hope that it will come true some day
4  Economy / Economics / Re: Wise thing to do with your savings. on: May 26, 2018, 10:40:34 PM
well, I think that instead of saving our money, we should invest our money in other places such as bitcoin, ethereum, gold or real estate. By investing your money like that, you have a chance to multiply your balance to many times. Therefore, dont waste your money on bank, try to buy something or invest in something
5  Economy / Economics / Re: Economy in your country on: May 26, 2018, 10:01:15 PM
In my country, the economy is in very poor condition and is supported by loans from the International Monetary Fund. Cryptography is not regulated by anything, which means that there are no problems with crypto yet.
Well, it is both good and bad to live in your country. In my opinion, it is the great country for anyone who wants to work with the cryptocurrency. If I were you, I would spend a lot of my time to earn money with cryptocurrency
6  Economy / Economics / Re: Is this basically just another way to make money? on: May 26, 2018, 09:53:54 PM
Well, yes it is. We do make money from it right? so it is definitely another way to make money. And by using, buying, holding or whatever you can do with cryptocurrency, you will have the chance to become rich and earn much more money than any other job can offer. That is why there are so many people interested in bitcoin
7  Economy / Economics / Re: why do people agree to pay taxes? on: May 25, 2018, 11:22:15 AM
Bceause Tax is not always bad. By collecting taxes, the government can do alot of thing to improve the quality of the people's life. The government can build more schools, parks, hospital and many more. Therefore, everything, in my opinion, has 2 sides
8  Economy / Economics / Re: Investment amount on: May 25, 2018, 10:57:30 AM
How much would you make as first amount? I was thinking  50 bit even if this times by even 10 that's only 500.

Would 300 be a more realistic start
I did not have anything when I first joined the cryptocurrency world. The only thing I had were my empty two hands. Therefore, I learned a lot of thing about cryptocurrency and started makiong money from many different sources on the internet which they pay my by bitcoin. And I hold those amount of bitcoin for more than 1 year. And what I have now worth more than $70000
9  Economy / Economics / Re: bitcoin in developing countries on: May 25, 2018, 10:48:33 AM
Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa Wink. This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining  help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country  Smiley

Wow! Well, what can we say? Bitcoin really have a great impact to our beloved countries. It helps improve our countries little by little until a big changes will come. I hope this will be a great mark for bitcoin.
Hm, in my country, the government try to make the people stop using bitcoin and other cryptocurrencies. They believe those coins are not good for their government. There is no regulation or rule yet, but they are planning for a big regulation for the cryptocurrency
10  Economy / Economics / Re: crypto market demand is increasing on: May 25, 2018, 10:36:51 AM
Market cap right now down more than 100billions dollar in one week. I think crypto market right now still wait and see. But i am believe if demand market already increase, its will bring cryptomarket rising again and hopely can reach highest market cap at 700billion dollar
I agree with you. The market cap will increase in this year. 700 billion dollar is not a big price but it still needs us some efforts to hit that target. Right now, bitcoin need to get back at least $10000 in order to make the market become more actractive
11  Economy / Economics / Re: What happnes to BTC,if the oil price goes up? on: May 25, 2018, 10:31:40 AM
There will nothing happening to bitcoin if the oil price goes up. Oil and bitcoin are different to each other. One is fuel, which can be touched, used in the real world while bitcoin is based on the cyber network in which we can not touch it.
12  Economy / Economics / Re: Is Bitcoin Money or Currency on: May 25, 2018, 10:23:19 AM

Both. Bitcoin connects money, currency and remittance and is going to be the future of money in the world.
I agree with you, bitcoin can be both money an currency depending on how people treat it. HOwever, since the price bitcoin is too high, people tend to look at bitcoin as a investment. They want to buy and hold bitcoin instead of spending it like money.
13  Economy / Economics / Re: Why people are still buying BTC? on: May 25, 2018, 10:15:37 AM
Because they understand that only bitcoin can bring them a lot of money in a short time. By buying and holding bitcoin, you can gain a lot of advantages in the future including profit, technology, security and identity protection. Therefore, they still believe and buy bitcoin
14  Economy / Economics / Re: Easiest way to make BTC? on: February 03, 2018, 06:54:49 PM
Offering something unique or if you are skilled programmer with good knowledge of blockchain you can get lot of work here. Anything else is also good the more you can offer in your portfolio the better will be for other to contact you and offer you job.
There are many ways of earning Bitcoin. However, in my opinion, the easiest way to earn money from Bitcoin is signature campaign. Signature campaign requires you to be good at English. What you have to do is writing and posting your reply to a topic in a forum. I am sure that you will get more money than being a worker, an employee.
15  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: February 02, 2018, 07:30:13 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

One of the main reason why many people always store their bitcoin is because of the hope that the value will rise more since bitcoin's value is known to be volatile. Thei patience will surely end up with a success which they may use to benefit and gain more profits. Although this is the case, you should still be careful in storing your bitcoin because there are instances where the value falls down which will make you loose your money.
We can'd deny that Bitcoin has just fell down to 8,000$. However, the reason why that many people still don't sell their Bitcoin and continue saving it is Bitcoin may double or even triple their money in the future, gives them a high profit that it is up to the sky. That's why many people choose to invest Bitcoin and this is one of the main benefit of saving Bitcoin.
16  Economy / Economics / Re: Bitcoin reduces unemployment on: February 02, 2018, 06:16:45 PM
In addition to reducing unemployment bitcoin can also be an alternative to find additional money for those who already work
It is true that Bitcoin is reducing the unemployment rate. In Bitcoin, my country is banned, but those who succeeded Bitcoin have created jobs for others who have benefited from Bitcoin and have built it. For a farm worker, they hired people who had no jobs to help them
Thanks to Bitcoin that many people have a chance to start their new life again. Bitcoin has many ways to be earned money. However, first of all, we need to be good at English so we can do some signature campaign. Bitcoin has saved many people's life in my country, I am grateful to what Bitcoin does to people around the world.
17  Economy / Economics / Re: Easiest way to make BTC? on: February 01, 2018, 07:26:40 PM
How to get btc in easiest way?
Well the easiest way for that is by mining but my advice for you is to becarefull cause some of the mining sites are phishing. So it is more easier and safe for me if you will work hard to get the bitcoin that will suit for you in the safest way only. Hard work is the key to success.
In my opinion, The easiest way to earn money from Bitcoin is signature campaign. We just have to discuss a topic, post our reply, you also need to be fluent in English. The fastest way to be rich is to invest in Bitcoin. You will gain high profit in the future. Bitcoin's price has just dropped down to 9,000$, buy now or it will increase again.
18  Economy / Economics / Re: could bitcoin be replaced by another crypto currency? on: February 01, 2018, 07:17:55 PM
i do this question because ive read in this website issues with bitcoin, slow mining process, high fees, etc. and ive read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?

I think that the only cryptocurrency that can overtake bitcoin now is ethereum because of how it is being couned as the smart cryptocurrency. Some users are being called to check this out over bitcoin of how you can program it to invest itself over and over again. As such I still think that only ethereum right now has the abiltiy and the following to overtake bitcoin when it comes to price value
Every cryptocurrency has a chance to defeat Bitcoin and takes first place in the market. Etherium, Ripple, Digibyte, I believe in these coins can replace Bitcoin. These digital coin has given me a high profit than Bitcoin. They are cheaper than Bitcoin, that's why we easily to buy and invest. We have to know that Bitcoin won't be the best forever.
19  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: February 01, 2018, 07:06:04 PM
Saving should be either long or short term but in Bitcoin issue people hold bitcoin for a longer period and one of the reason is to acquire more profit from it. The issue of hold, hold, hold and wait for the right timing is just to wait for rise in its value.
I think bitcoin is hard to predict, when bitcoin prices continue to skyrocket last december, I'm really excited to buy, but when bitcoin prices continue to drop some time ago it just makes me panic and sell bitcoin.
Bitcoin drops sometimes but it will increase after that. That's why many people still trust to invest Bitcoin. They don't sell Bitcoin even it goes down nonstop from 20,000$ to 9,000$. Bitcoin is an amazing invention. Its price will go up someday and it will double your money or even triple. Saving and be patient, you will have what you deserve to have.
20  Economy / Economics / Re: Bitcoin or gold? on: February 01, 2018, 07:01:37 PM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

In my opinion.I think its both is good to hold for a long term if you have a good income to make it hold that two different profits in 5-10 one can say's that bitcoin is been around depend on how peoples appreciate the volatility of bitcoin.
I prefer Bitcoin than gold. We can't deny the benefit of both in a long term investment. However, Bitcoin is cheaper than gold and easy to invest, more safety than gold. Gold is a limit resource, it won't exist forever but Bitcoin can exist longer than Gold. Bitcoin is developing day by day and it will be known by all people around the world.
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