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1  Bitcoin / Bitcoin Discussion / Re: What do you think the cryptocurrency market will disappear in five years? on: July 18, 2018, 01:14:36 PM
I think it is very likely that this market will disappear. When big financial investors play the game, profits will be generated when new investors enter the market. However, I find that the more confidence in this market is reduced. It is too unstable, prices are rising so fast in a short time and so dropping so fast. The financial sharks control the price of the market, and retail investors are constantly losing money. I believe that when the confidence in the market is gone, the market will collapse

Big financial investor already put their fund on cryptocurrency and they must be wont this market disspear. Cyptocurrency market right now is on early stage and its already shocking world.
Cryptocurrency is real investment and I am believe cryptocurrency market will survive in the future because crypto usefull in digital world right now
2  Bitcoin / Bitcoin Discussion / Re: Crypto is For Risk Takers on: July 18, 2018, 01:11:17 PM
I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .
Yes, absolutely bitcoin for risk traders, who will take risk, earn huge amount

every investment we made its risky. Cryptocurrency is new investment in our economic system and still unregulated market, Indeed crypto is high risk and investing on cryptocurrency is risk taker. But i do believe risk and reward on cryptocurrency is equal because its very profitable investing on cryptocurrency
3  Bitcoin / Bitcoin Discussion / Re: How does bitcoin affects your emotional and mental aspect of your life? on: July 18, 2018, 01:07:03 PM
I think bitcoin should not affecting on our mental and our psychology. Cryptocurrency or bitcoin is long term investment and if we hold it as long term investment, i think we can ignore market fluctuation
4  Bitcoin / Bitcoin Discussion / Re: Blockchain Phones on: July 18, 2018, 01:03:35 PM
I think its interesting concept. I know that blockchain is powerfull to keep data safe, but I am just wondering how blockchain in phone. I cant wait to see that phone.
Technology getting more advance and I think blockchain and cryptocurrency will growing more bigger in the future
5  Bitcoin / Bitcoin Discussion / Re: Bitcoin mining is costly... on: July 18, 2018, 01:00:09 PM
One thing to say mining bitcoin consumes a large amount of electricity and it would take lots of equipment to manned the mining. There should be a development in making the cost of bitcoin lower; given that lower mining cost could yield a higher profit. However, it matters on trading and exchanges.

Bitcoin is proof of work and using blockchain system. Its need miner to keep data transaction 24/7 days. Mining cost can reduced in several country because electricity cost much lower than others. I am reading news that to produce 1 bitcoin in Iran, need $600 to pay electricity bill
6  Bitcoin / Bitcoin Discussion / Re: News: Bitcoin won't be Global Currency on: July 18, 2018, 12:56:35 PM
I got caught up in this news last 6 hours ago, most of us participants are hoping that Bitcoin will someday become a Global Currency, why is that?

Any thoughts or opinions about this?

To be global currency, bitcoin should accepted by most country in the world. Many country in the world wont issuing regulation on bitcoin if used for payment. I think its hard to make bitcoin as global currency, because central banks must be want to take control on supply
7  Bitcoin / Bitcoin Discussion / Re: Banks will soon get into cryptos on: July 18, 2018, 12:51:46 PM
Sooner or later bank will be trading cryptocurrency as part of there investments, but the only thing I fear is how to cope with the volatility, if they can survived the volatility of cryptos currency, they are good to go.

Indeed, bank will adopting and take benefits from cryptocurrency market. Banks already have long experience in economy and they always survive in any economic condition. Many news said banks will using blockchain technology to saving more cost.
Cryptocurrency is big market in near future and banks want take important part.
8  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 17, 2018, 12:13:41 PM
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?

Government in my country allowing cryptocurrency trade but not for payment. What you describe seem simple but its hard to do because many exchanger dont have any identity document their customer.
If government regulating cryptocurrency market, its more easier for government to collect taxes from crypto trade, but sometimes peoples using overseas exchanger
9  Economy / Economics / Re: Bitcoin volume is still rising ? on: July 17, 2018, 12:06:06 PM
Do you think Bitcoin still on the rise in terms of market capitalization ?

Bitcoin price right now is around 60% lower than highest. Highest bitcoin price at $20k. Its like 60% discount. If peoples sees this as an opportunity, bitcoin volume will rising again because expert from investment firm said bitcoin price can reach $25k end this year
10  Economy / Economics / Re: Which cryptocurrency should I invest in, in 2018? Why? on: July 17, 2018, 11:59:47 AM
If peoples using margin to trade cryptocurrency, i am believe they not invest but speculating. Using margin trading very high risk and its require good skill to analys market fluctuation.
Many option in cryptocurrency if we want to invest in 2018, but its good choice if we investing on tier 1 and tier 2 like bitcoin, ethereum and neo. Its good coin to hold in long term
11  Economy / Economics / Re: Increasing number of celebrities endorsing cryptocurrency on: July 17, 2018, 11:56:40 AM
Most celebrities sees opportunity to expand their bussiness in cryptomarket. They know that cryptocurrency is new bussiness and they believe will growing bigger. Its good for cryptocurrency community because more peoples knowing about cryptocurrency or blockchain
12  Economy / Economics / Re: Cryptocurrency is a trending topic all over the world? on: July 17, 2018, 11:53:35 AM
Cryptocurrency become more famous because bitcoin price rising on 2017. Its attracting many peoples to investing their money on crypto market. Every body want to make profits on this market. Cryptocurrency will growing fast if every peoples have internet connection
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you feel like quitting? on: July 16, 2018, 12:07:31 PM
The market has been down for too long. Do you feel like quitting cryto because you ve lost much?
For me, am a die hard fan of crypto. I will be a coward if i run away. I will stay till the green light shows. What about you?

Its really frustating see market right now. Market cap value drop more than 60% from highest. But I am already made plan to hold for long term because i am believe cryptocurrency market will be growing bigger.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: All in for Stellar (XLM) on: July 16, 2018, 12:04:29 PM
Stellar (XLM) is one good coin in market. Yesterday, I am reading online media that coinbase, one of biggest exchange want to list 5 new coin on their platform. One of that 5 coin is stellar, if stellar listed on coinbase, price must rising and holder get big profits
15  Alternate cryptocurrencies / Altcoin Discussion / Re: How to protect your altcoin on: July 16, 2018, 12:01:20 PM
The best thing to save our bitcoin and altcoin from hacking is store it on hardwallet. Or we keep private key in safe place. Its much better if we dont keep our coin in exchanger because its very vulnerable and we always hear the news about hacking on exchanger.
16  Economy / Economics / Re: Banks admit they fear BTC on: July 16, 2018, 11:53:37 AM
I am just hoping that it would be a wake up call for banks that they should see how much people are hunger for a great investment that they did not give to investors/depositors. Hope they can find way for them to consider bitcoin in their system.

I think they haven't seen it yet. This banks are still confident that people are still gonna be choosing their platform where to save their money. Because of their propagandas towards bitcoin. 2017 was the hype for bitcoin not just because of the price but because they are also sending false informations that makes the bitcoin image not so good.

Banks must be preparing facing cryptocurrency. Banks already survive for many years and they will adapting on cryptocurrency. Bank have good infrastructure and with that, banks will survive and maybe take advantages on cryptocurency market
17  Economy / Economics / Re: Laziness or unemployment? on: July 16, 2018, 11:48:38 AM
There is a lot of graduates that until now dont have a job because they are looking for the job that they think that Match on what the course that they have but come to think about it if we will set our mind in that kind path will we can't really find a job right? We need to start from bottom to gain experince. Its better to have than doing nothing so that you can really reach what really fits you. Here in my country as well there is a lot of unemployement one of the reason is small salary so that at the end of the day they are going in other country even though that they finished study

Maybe they just too idealistic with their job. New graduate should find a job to collect more experience. I think its fine if we build our career from bottom and I am believe if we developing our skill, career and better job will follow
18  Bitcoin / Bitcoin Discussion / Re: centralize money vs. decetralized money (bitcoin) on: July 11, 2018, 11:48:35 AM
Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , we can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than  putting your money in bank 1% or 2% monthly ? fuck .. whats your thoughts?

In my opinion, our monetary system right now is not capable to handle economic crisis. Central banks as central monetary system sometimes not transparant with their policy and just printing more paper money to boost economic growth.
19  Bitcoin / Bitcoin Discussion / Re: Why you should stay off from market prediction on: July 11, 2018, 11:45:32 AM
Prediction from expert sometimes usefull. Its like a guide to make better investment with our money. Off course, prediction is just a prediction and not all prediction right but at least we with prediction from expert makes us more confident with our investment
20  Bitcoin / Bitcoin Discussion / Re: Forget Cryptocurrency. We Need To Talk More About Blockchain on: July 11, 2018, 11:42:01 AM
https://medium.com/@chewweichun/forget-cryptocurrency-we-need-to-talk-more-about-blockchain-4cfeb1989865

With all the attention given to cryptocurrency, shouldn't we put more attention on blockchain?

Bitcoin using blockchain technology and off course blockchain get attention right now. Many company and banks want to implementing blockchain technology for their platform.
Blockchain technology very usefull if used by government, it will creating transparancy on government budget and spending, beside that it will make government data more secure
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