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1  Bitcoin / Bitcoin Discussion / Re: Is cryptocurrency so difficult to understand on: September 04, 2018, 09:22:23 AM
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.

Crypto currency is difficult to understand at first specially if someone do not have background of crypto currencies and never tried to invest in the stock market. Investing in bitcoin is same with investing in the stock market but it is more risky but profitable.
2  Bitcoin / Bitcoin Discussion / Re: Is the world ready for cryptocurrency? on: September 04, 2018, 09:20:25 AM
Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

I think yes because bitcoin now is spreading around the world and the proper adoption and openess of the people is needed to be able to encourage everybody to use crypto currencies.
3  Bitcoin / Bitcoin Discussion / Re: will bitcoin become obsolete? on: September 04, 2018, 09:17:49 AM
Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

At this point in time it will not be obsolete because many of us still invests in bitcoin same with other crypto currencies. If bitcoin is not useful and profitable anymore that will be the time it will become obsolete.
4  Economy / Speculation / Re: The value of Bitcoin is rising again? on: September 03, 2018, 11:52:45 AM
The value of Bitcoin is rising again, can we expect a significant jump in Bitcoin value by the end of the year?

Well i think that movement is just temporary and it is now going down again. But with that i would still keep on holding and i will wait till it fully recovers.
5  Economy / Economics / Re: Beside Cryptocurrenices where would you invest? on: September 03, 2018, 11:49:20 AM
A lot of people now days jumping and investing in the cryptocurrency industry.
If you are not investing in crypto, where do you else invest?
Property ? normal crowdfunding? give your input

Aside from crypto currencies i would invest in real property and as well im going to put up my own business like food business and other services that can be source of income.
6  Economy / Economics / Re: How Long Crypto market will take to recover? on: September 03, 2018, 11:45:49 AM
We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter,  My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.

I agree that this year is a worst year for the crypto currencies because of the fall of the value of the coins. But i think this is just temporary and we cannot say when it will recover.
7  Economy / Economics / Re: WHEN WILL PEOPLE LEARN? on: September 02, 2018, 02:11:44 PM
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy? 

What i can see is people would only learn if they had already experienced to be scammed. They would make sure for the next time that they not just entrust investment they will keep it in mind that they should research and study first before investing.
8  Economy / Economics / Re: it is possible fiat currency will crashed? on: September 01, 2018, 01:41:39 PM
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Well no one can say that fiat will crashed. I think fiat would still remain as the national currency if the time comes and the fiat crashed it only means that fiat is replaced by other kind of money just like bitcoin and the cashless society will go through.
9  Economy / Economics / Re: Which one do you prefer?Increase your Bitcoin or ِDollar? on: September 01, 2018, 01:38:37 PM
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?

I prefer to increase my bitcoin because it is more valuable comparable to dollars. The value of dollars is stagnant that we cannot earn more interest income. Bitcoins value is remarkably increasing but of course there are some point in time that the market is down and no one can control and we just need to accept it and face the risk.
10  Economy / Economics / Re: Reason we pay taxes and why we should on: September 01, 2018, 01:35:34 PM
Paying taxes is mandatory in all countries as stated in the law of the government. Usually those taxes are used in the different plans of the government like health care of the citizen, education subsidy, infrastructures, etc. All of us need to pay taxes as indicated in the law. Non compliance will be subjected to investigation specially to those who have business and employees who do not comply.
11  Economy / Speculation / Re: It's all RED!!! This could really be the end. on: September 01, 2018, 01:29:26 PM
Though the market is red it doesnít that it is the end of the crypto currencies. There are really times that the market really struggles because of the massive dumping of the coins bit definitely that is only temporary and the coin market will soon rise again.
12  Economy / Economics / Re: Will the bitcoin be outdated by another currency? on: August 30, 2018, 01:39:15 PM
My answer to the principle is: NO

Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.

Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.


I agree with you there no other coin can outdated bitcoin because the value of bitcoin now even the market down is so far away on the value of other coins. But if another coin reach the value of bitcoin thats the only time that we can say that other coin could defeat the value of bitcoin.
13  Economy / Speculation / Re: Is this the end of Bitcoin ? on: August 30, 2018, 01:26:26 PM
It is not the end yet. For as long as people invests Bitcoin and other crypto currency will not last. I still believe that bitcoin will last for so many years and the downward movement is not the indicator of the end because it is normal to the market the price movement and for sure it will go higher let us just wait.
14  Bitcoin / Bitcoin Discussion / Re: WHY DO MOST PEOPLE FORGET BITCOIN SO SOON? on: August 30, 2018, 01:08:58 PM
Well we cannot force anyone to stay in the crypto currency industry the reason why they forget it is because i think they are not ready to take the risk and they had experienced losses in investing in bitcoin it only means that they have a weak acceptance of the risk.
15  Bitcoin / Bitcoin Discussion / Re: DONT INVEST IN BTC IF YOU CAN'T OR AFRAID OF TAKING RISK on: August 30, 2018, 01:06:31 PM
True that is the first rule to consider before investing never ever invest if you are not ready to take risk because it would be stressful for you and you might loose all the investments you put in. So better evaluate yourself first before taking risk.
16  Economy / Trading Discussion / Re: What do you think, will BTC again jump in December? on: August 28, 2018, 12:07:09 PM
Hello Guys
I think, that will a BTC in next one or two months going down but, no so much, and then coming next jump. But this time, I think it will take longer and maybe will come also a new record resault. I will appreciate an expert comment.

Iím really hoping that bitcoin would recover towards end of this year thats why i keep on holding and waiting patiently. The longer we hold the investments the higher the returns. Lets just keep positive.
17  Economy / Trading Discussion / Re: Be calm when the market falls on: August 28, 2018, 12:00:11 PM
One strategy that works best in times of fall in the market is to remain calm, and not allow yourself to be blown by panic. Just hold the tokens with large caps and even if possible, buy more tokens and hold. For some coins like Bitcoin and Ethereum, it is always certain that whenever there is a fall, there is definitely going to be a rise.

What will you do when the market falls?

True we should be calm when the market falls because once we panic the tendency for us is to sell our investments that will result to losses.
18  Bitcoin / Bitcoin Discussion / Re: No women in Bitcoin you say? on: August 27, 2018, 12:41:21 PM
Well i think there are more women now are into crypto currency industry. The market is not only for men or not only men shows interest in crypto currency. Many women now doing the crypto as part of their income that can sustain their financial needs.
19  Bitcoin / Bitcoin Discussion / Re: will bitcoin become obsolete? on: August 27, 2018, 12:36:47 PM
Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

Bitcoin will only be obsolete if there would be much better coin created that could distruct the value and credibility of bitcoin. But before that would happen it would take so many years before another coin creation that can pull down bitcoin.
20  Economy / Speculation / Re: Will Bitcoin continue to fall this year? on: August 27, 2018, 07:14:30 AM
Will Bitcoin continue to fall this year?  After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year?
What do you think fellas?

I do hope it will not continue to fall because it is too stressful to all investors like us but i would still keep on holding and patiently wait.
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