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November 15, 2018, 01:40:40 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
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1  Economy / Economics / Re: Good news or bad news... on: Today at 06:52:10 AM
I agree this is good news. Japanese government makes the right rule to prevent money laundering or misuse of money for the benefit of the bad guys
that is very good news to overcome the news that says bitcoin or crypto currency is a place for money laundering and that it can make countries that prohibit it can remove the ban because what you convey is true
2  Economy / Economics / Re: Economy going up and up everyday on: Today at 06:46:49 AM
this is an economy wheel, money will spin constantly in the middle of human beings, be it Fiat as well as a cryptocurrency. Each of them has a different place and is still needed. Here we will know that the economy will continue to rise where people make innovations. Vice versa.
the opinion that you convey is true that the currency will always experience changes especially crypto currency is very difficult to say stable because it has become a risk in investing
3  Economy / Economics / Re: The economic function of Bitcoin on: Today at 06:41:57 AM
The basic economic function of bitcoins is the ability to be used as a remittance of money without the use of traditional banking system. The other function of it serving as a store of value and investment is not what bitcoin was created by satoshi to be but we made it so.
maybe what you say is true that bitcoin is an economic function that uses the times and of course the development of technology is also practically fast and efficient that is needed, someday in the future it will use digital facilities
4  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your views on cryptocurrencies on: November 13, 2018, 10:17:55 AM
How do you view the current condition of coin prices, will it have an impact on the sustainability of cryptocurrencies?
all possibilities can occur, the possibility will always occur for now with very decreased conditions required the confidence and patience of investors themselves and in my opinion the development of crypto currencies depends on the investor itself
5  Alternate cryptocurrencies / Altcoin Discussion / Re: looks is right time to invest on: November 13, 2018, 10:12:55 AM
Looks is right time to invest since is low and droping .

time to purchase some on it.  Grin
in my opinion whenever the time is right to invest without having to see prices going down to buy in my opinion our beliefs and we know all the risks in investing I think that's the time we are ready to buy and start investing
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum has begun to show positive trends on: November 13, 2018, 10:05:00 AM
The price of Etherum has now shown a very good price stability and therefore it can be seen from Etherum's price movements that have started to increase. Now many people are starting to re-use crypto and this also has an impact on price movements experienced by most other altcoins. I am optimistic when Etherum prices can increase then automatically the other coin prices will start to move very positively.

If this can be maintained it is not impossible that Etherum prices can reach fantastic value and can even exceed 500USD by the end of 2018.
all possibilities can happen and no one can know the future developments, especially with conditions like now we have to be smart in taking advantage of opportunities to invest in order to benefit
7  Economy / Economics / Re: Why spend time in bitcoins? on: November 11, 2018, 10:06:01 AM
for this time and condition like this I don't spend a lot of time on crypto currencies because in my country crypto currencies are still prohibited for direct transactions using bitcoin, so spending time completely I don't think
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are the good coins to buy in this time? on: November 11, 2018, 09:57:21 AM
for now it's very difficult to suggest a good coin with the conditions and situation that as it is now the investor's confidence and friendliness to choose the right coin
9  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tactics When Market is Falling on: November 11, 2018, 09:49:38 AM
I think tactics are often done when the market falls, maybe they buy coins if they have the capital and hold them until the market rises and of course they will benefit when we take advantage of opportunities when the market decreases.
10  Economy / Economics / Re: What do you think about crypto currency issued by the government? on: November 10, 2018, 04:40:42 AM
for now I cannot give an opinion about it because in my country the crypto currency has not been fully inaugurated and recognized by the government as the applicable currency
11  Economy / Economics / Re: it is possible fiat currency will crashed? on: November 10, 2018, 04:29:59 AM
everything can happen, no one can predict for sure the crypto currency can replace the fiat currency, but if we look at the functions and needs of the fiat currency economy it can still survive because of the strong user confidence if the crypto currency can do that and can function like fiat currency, I think it could happen, but I don't know when
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: should now sell coin or not on: November 10, 2018, 04:22:15 AM
I don't think selling coins is the strategy of each investor because of the size of the investor's confidence and the amount of patience of each investor in the conditions and conditions that we have now, we must be smart in utilizing every opportunity we will get in investing.
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: short or long term investment on: November 09, 2018, 07:10:54 AM
Experienced traders can afford short-term investments. I have such an opinion about it. Because it is difficult to guess what coin can grow in a short time. Long-term investments are safer for me.
Your strategy in investing in crypto currencies is very clever, all investment strategies depend on the confidence and patience of the investors, if long-term investment certainly requires enormous confidence and patience, but certainly with little risk, of course we will get
14  Bitcoin / Bitcoin Discussion / Re: Why does the government hate bitcoin? on: November 09, 2018, 07:02:42 AM
in my opinion the government does not hate bitcoin, in my country the government only limits the movement of bitcoin for example by banning transactions directly with bitcoin but the government does not prohibit access to bitcoin
15  Bitcoin / Bitcoin Discussion / Re: Difference between Digital currency and cryptocurrencies on: November 09, 2018, 06:52:11 AM
I was introducing cryptocurency to one of my friend and after so many explanation, he asked me the difference between the two currencies, so below was my answer to him

These forms of currencies are inherently similar. However, their similarity devolves into distinct features when they are examined more critically. Here are some of the major differences between digital currency and cryptocurrency.

1. Decentralization vs. centralization:

Banking system, a majority of digital currencies are regulated by regulatory bodies like the Federal Reserve or other designated government parastatals. This means that transactions are constantly monitored, and their value determined by these regulatory bodies.

On the other hand, cryptocurrencies are fully decentralized. This means that no institution is set aside to regulate them. The rules are set by its community. As a result, the viability of a cryptocurrency is highly dependent on the strength its community can garner.

2. Privacy:

Privacy in this sense refers to the ability to conceal the information of the account owner.

With digital currencies, this is practically impossible. To open a digital account, you need to upload your photo and fill in your personal details, to make use of services like PayPal, you have to fill in your information like name and address. Hence, you can easily be tracked.

On the other hand, you donít necessarily need to disclose any of your personal information when opening a wallet for cryptocurrency trading. In fact, coins like Dash are available to provide full anonymity, and this is one of the reasons why cryptocurrencies were widely used on the dark web.

3. Transparency:

The framework of digital currencies only allows approved entities to get access to the transaction information. Information regarding transactions of which youíre not directly connected is withheld from you.

On the other hand, cryptocurrency transactions are made available to the public domain. Even though the people behind the transactions are unknown, this way, you can personally monitor how much money is in the system.

4. Legal framework:

Most digital currencies are backed by a recognized central authority. Having legal support from government and financial institution establishes their general usage and acceptance.

On the other hand, cryptocurrencies arenít backed by any form of a recognized body. As a consequence, theyíre not yet fully recognized as a legal tender worldwide.

5. Dominance:

Due to their recognized backing, digital currencies are accepted all over the world. Carrying out transactions with digital currency isnít restricted by geographic borders, race or even belief systems.

Cryptocurrencies, on the other hand, are loners. They are only accepted by a small group of institutions and compared to other centralized digital coins, their popularity doesnít measure. Although analysts pose that this will soon change and government regulations will be more favorable towards cryptocurrency.

6. Transaction interference:

Since transactions are monitored by central authorities when using digital currency, they can easily flag transactions suspected to be suspicious or even freeze an account temporarily on the request of the owner. This makes transaction reversible.

On the other hand, once a transaction is completed with cryptocurrency, it is automatically added to the Blockchain and is forever irreversible.

7. Value fluctuation:

For digital currencies, its value is determined and regulated by financial institutions. This makes the currency relatively stable.

Cryptocurrencies, on the other hand, are unregulated. This makes them highly volatile and susceptible to slight behavioral changes in its community.


Hope this will help many newbie here. Cause i myself still learning.


it is right and true what you say in your opinion, with what you convey can make investors understand and understand what you are saying and people do not misinterpret
16  Economy / Economics / Re: Who is the richest person? on: November 09, 2018, 06:29:18 AM
Those people are the richest based on Google. There are a lot more that we do not even know about. They just down let people know how much money they have.
What about Satoshi Nakamoto  Grin ? I would say this person can surpass Jeff in term of wealth.
true what you convey wealth in the field of crypto currency no one can know for sure because it might be hidden and can only be seen with the result not from the deposit
17  Bitcoin / Bitcoin Discussion / Re: Is this hard to gain trust from local government? on: November 08, 2018, 05:35:57 AM
It has been recognized that Bitcoin hasn't a legitimation in several countries, mostly in Asians. It is claimed that this has high risks in the transactions even  potentially used for criminal funds such terrorism, it hardly to gain trust from local government. My question is that how difficult the government is to have trust in Crypto currency (while developed countries in such US and Canada have legalized it).   
for my country it may be very difficult because the government has not yet fully established the crypto currency as the applicable currency even the government prohibits transactions using crypto currencies if that happens for sure the government does not believe in crypto currencies
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Invest in altcoins today or maybe later? on: November 08, 2018, 05:30:05 AM
in my opinion the investment now or later depends on your own beliefs and beliefs because it is the main capital in passing investment with crypto currencies and in conditions like now we must be able to take advantage of the opportunities available to benefit
19  Economy / Economics / Re: Is this the correct time to purchase bitcoins and al-crypto? on: November 08, 2018, 05:23:54 AM
Looking at the market the 6k bottom seems so solid and this seems to be an accumulation phase that's nearing its end. I suspect however that we might see one last bear trap before we go bullish towards the year end, still only expect 20-40% or so gains instead of 100% growth in a week.
Broadly speaking, the investment strategy with crypto currency is to buy and hold it selling at high prices and to get profits, if we believe and believe in crypto currencies, of course time and price are not a problem to buy and start investing.
20  Bitcoin / Bitcoin Discussion / Re: Why should governments accept Crypto currencies? on: November 07, 2018, 06:01:44 AM
The government is still checking the use of bitcoin, it is difficult to track bitcoin users because it is anonymous.
So the government must have a special team for this case, but this is not easy.
may not have to accept the most important legality of the country's economic system and crypto currencies should work together to get the best results going forward
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