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1161  Economy / Economics / Re: How is Bitcoin different from Etherium? on: July 31, 2018, 12:39:11 AM
the most basic deed to my knowledge is the purpose of them is very different, bitcoin tested is used as digital gold / wealth storage assets while ethereum aims to be a smart contract plaform, apart from that the amount of bitcoin is also limited to 21 million coins only after it will not there is a bitcoin that is produced again while the ethereum does not have a production amount, CMIIW

Ethereum is usefull for bussiness purpose. With smart contract, I am believe every bussiness in the future can be tokenize and peoples no need third party. Bitcoin will more powerfull if used as store of value because bitcoin is like gold
1162  Economy / Economics / Re: G20 releases official statement on cryptocurrency on: July 31, 2018, 12:35:48 AM
Its good news for cryptocurrency community. If G20 country member regulate cryptocurrency, I am believe many investor will come in on market and make cryptocurrency market cap rising. With regulation from government and from advance country, investor will more confident with this market
1163  Economy / Economics / Re: Silver is loosing ground due to rise of cryptocurrencies on: July 31, 2018, 12:32:26 AM
I am still believe gold and silver is good investment for our future. Maybe I have a traditional thinking but I am believe Gold and silver still not replace by Cryptocurrency as investment.
1164  Economy / Economics / Re: Where and How to Spend Your Bitcoins? on: July 31, 2018, 12:29:18 AM
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC



Several country like germany and Japan already allowing merchant accepting bitcoin payment. Its take time for others country following Germany and Japan but I am believe it will happen soon. Bitcoin become more popular and government will issuing regulation so peoples can spend their bitcoin and government can earn taxes
1165  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: July 23, 2018, 01:57:04 PM
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.

I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)

Does anyone here know the reason behind people loving precious metals?

Gold is known as good investment for centuries and its hard to change that perspective. For old generation, gold is safest investment and easy to liquidate when need emergency fund because every one accepting precious metal.
1166  Economy / Economics / Re: stupidity is so close to poverty on: July 23, 2018, 01:53:59 PM
stupidity is so close to poverty, do you agree with such a phrase?
if it yes, means the poor are the fools.
I want to know your opinion.  Grin Grin

People do stupidy thing because they dont have knowledge. I am agree with that phrase but sometimes rich peoples do stupidity thing too. Some people poor because they dont have a chance and opportunity, i am believe if they have opportunity, they can be rich too
1167  Alternate cryptocurrencies / Altcoin Discussion / Re: How to make cash without investing? on: July 23, 2018, 01:50:41 PM
You can make huge by participating in the bounty campaigns. You will get rewarded with rewards in the form of tokens which you can further withdraw from your wallet. You get paid for the promotions you do for the different social campaigns that you enrol yourself in. So, your actual money is not used and you make money by just promoting and marketing about the ICO.

Indeed, join on bounty program is opportunity get free token. We use our effort to spread the word about the project and helping to promote ICOs success by sharing on social media and others.
Cryptocurrency world offering many opportunity to every one to get token without using large capital and just using good effort
1168  Alternate cryptocurrencies / Altcoin Discussion / Re: NEO vs ADA on: July 23, 2018, 01:46:53 PM
Yes I know that have nothing do do with each other and that you cant really compare. But if you had to choose one from the other. which would it be?

I am prefer choosing NEO because ADA total supply very huge compare with NEO. Beside that, I am choosing NEO because NEO is china ethereum and the platform used by many token in market
1169  Economy / Economics / Re: Bitcoin holders will have to pay their tax? on: July 23, 2018, 01:41:07 PM
What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

Paying taxes is every citizen obligation. I think if bitcoin holder paying taxes, thats mean bitcoin regulate by government. Most bitcoin community want government regulate bitcoin and paying taxes is the consequences
1170  Economy / Economics / Re: Blockchain will help Economy. on: July 22, 2018, 12:02:20 PM
Blockhain technology is transparant ledger and its can used in any sector. Government and company can use blockchain technology to make their service more eficient. Beside that, the data more secure using blockchain
1171  Economy / Economics / Re: Does Bitcoin affect world trade? on: July 22, 2018, 11:58:25 AM
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?

I think government will not using bitcoin or other cryptocurrency. Bussinessman and company probably using bitcoin or cryptocurrency for faster transaction. I think cryptocurrency will help increasing world trade because more efficient and cost more lower than using banks
1172  Economy / Economics / Re: Why people are still buying BTC? on: July 22, 2018, 11:48:13 AM
perhaps even now bitcoin continues to be only a speculative tool, not a real valuable asset. price growth does not mean value

Maybe some peoples speculate on bitcoin but i think bitcoin is future investment. If bitcoin dont have real value as an asset, JP Morgan or Morgan stanley wont interesting investing on cryptocurrency market. They investing their investor funds because they see opportunity making profits on cryptocurrency
1173  Economy / Economics / Re: FINANCIAL TIPS on: July 22, 2018, 11:45:07 AM

* DONT SPEND BEYOND WHAT YOU EARN.

This is particular to those credit card addicts where swipping it is their life. They spend most of their needs on cards, groceries, gadgets installment etc. They spend beyond their limits and usually paying excess charges because of this. They often didnt get through this swipe pay cycle because of their limited fund capacity.



Saving is most important thing before we make spending. Saving our money for emergency or investment will help us in the future. Managing our income if we want to relax in the future. Controlling our spending will avoid us from using creadit card
1174  Economy / Speculation / 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
1175  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
1176  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
1177  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
1178  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
1179  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
1180  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
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