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521  Economy / Economics / Re: Venezuela's central bank is holding Cryptocurrency! on: October 19, 2019, 01:45:25 AM
Venezuela experienced an economic crisis which caused the Bolivar currency to fall. high inflation results in their economy in a bad state. and to get out of this problem they switched to using bitcoin. they use bitcoin for everyday transactions like buying plane tickets. now they rely on bitcoin to survive. and I also heard that the government of Venezuela will issue its own digital currency. this proves cryptocurrency can be a solution when an economic crisis occurs. When more people buy bitcoin then of course this will have a positive impact on the bitcoin market.
522  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO becomes successful = ETH will moon? on: October 18, 2019, 10:47:07 PM
I think the success of IEO will not have an impact on the increase in ethereum prices. because in the IEO project has its own coin that was launched by exchange. and the coins we get from IEO can be traded directly on exchage after the sale. for example Binance on the Binance launchpad project they only allow users to buy tokens using BNB. so in my opinion the success of IEO will not affect ethereum prices.
523  Alternate cryptocurrencies / Altcoin Discussion / Re: Stupid mistake newbies still do till date on: October 18, 2019, 05:49:05 PM
in my opinion this is common for beginners because they are not accustomed to using digital wallets and are less careful about storing keys or seeds. or don't understand that what they are telling you is a private key. but over time they will learn a lot and understand. someone is said to be stupid when he always makes the same mistakes. not take lessons from previous experience.
524  Alternate cryptocurrencies / Altcoin Discussion / Re: ???? AFRAID OF NEW PROJECTS !!! ? on: October 18, 2019, 04:58:13 PM
because investing in new projects is very risky. because most of the new project developers are not experts and they do not have a solid team, resulting in projects failing and detrimental to investors. that's why investors prefer to invest in bitcoin that is clear and safer. I suggest doing research seriously before entering a new project, choose a project that has a team of developers who are experienced and also have made a good project.
525  Bitcoin / Bitcoin Discussion / Re: Bitcoin Legality effect on: October 18, 2019, 12:33:28 PM
it is possible that bitcoin will become a global currency. but I think it will take a long time. because now there are still many countries that reject bitcoin and there are still many people who don't understand bitcoin. and I think fiat money will remain until later. because fiat money has been used a long time. and in my opinion there will be positive and negative impacts for the countries of the world. and in the future bitcoin will be a good store of value, an investment tool and also a payment tool.
526  Bitcoin / Bitcoin Discussion / Re: A better way to bring about adoption of blockchain and crypto-currency on: October 18, 2019, 09:23:28 AM
There can be no adoption without regulations, so that's the first step. After that, the companies need to study the blockchain and see its advantages over old tech. And then, they need to feel the need to actually start using them to stay ahead of the competition, and ensure that they won't be left behind. Many are already exploring the technology and thinking about different use cases and its potential, but I don't expect many would actually implement it without it being properly regulated. They risk too much otherwise.
Yes, I think you're right, we need government regulation so that adoption of cryptocurrency and blockchain technology can be realized. with the existence of a regulation will be able to reduce the fraud that often occurs in cryptocurrency. and with the regulation of investors and large companies will feel safer. because someone is protecting them. but the regulation that I mean is regulation in the transaction process. not  regulating and controlling the value of cryptocurrency.
527  Economy / Economics / Re: Crypto Scams are a global issue on: October 18, 2019, 07:40:44 AM
yes fraud is the biggest problem with cryptocurrency now. because fraud happens everywhere from scam ICO projects to fraud under the guise of bitcoin. I think we might need a regulation for someone to regulate the transaction process. and with regulations we can punish fraudsters. and maybe this can minimize the crime in cryptocurrency. but what makes me think is who is authorized to make this regulation?
528  Economy / Economics / Re: What will happen to Bitcoin if there is a global economic crash? on: October 18, 2019, 04:07:53 AM
in my opinion when there is a global crisis bitcoin is not affected. and this bitcoin emerged after the world experienced a global crisis in 2008. and if a crisis occurs again maybe bitcoin will be an alternative. because when there is a global crisis fiat money must have experienced inflation. and to deal with this people will turn to cryptocurrency.
529  Economy / Economics / Re: A cryptocurrency with volatility can't be used as money on: October 18, 2019, 02:45:46 AM
I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.

What do you think about this argument?

yes I think you are right with high volatility cryptocurrency not suitable for use as a currency. I prefer to use for value storage devices and investment tools. rather than as a currency. and I'm sure most crypto users think so too. and now the number of stores or companies that accept bitcoin is also small. even in my country it is not permitted to use bitcoin in payments. so far I have only used bitcoin for investment not as a currency.
530  Bitcoin / Bitcoin Discussion / Re: 4 bitcoin risks you should know when investing in bitcoin on: October 17, 2019, 10:34:23 PM
in my opinion the 4 risks mentioned by the OP are also common in fiat money. I think in any investment there is a risk and we cannot avoid it. in fiat money money laundering also occurs then fiat money can also be hacked We often hear many fraudsters who hack fiat money through ATM cards. fraud is also always there in fiat money usually fraudsters commit fraud under the guise of investment. if both bitcoin and fiat have the same risk it is better to choose bitcoin in investing because bitcoin has fluctuations that can give us the opportunity to buy low and sell high.
531  Economy / Economics / Re: Will Africa be a good place for crypto? on: October 17, 2019, 02:41:57 PM
in my opinion the situation in Africa is different from before. Africa was once known as a poor country and a den of disease. but conditions have changed now, the situation in Africa has improved and has good economic growth. because some African countries are producers of petroleum, so I think blockchain can be applied in Africa. and maybe in the future cryptocurrency will develop rapidly in Africa.
532  Economy / Trading Discussion / Re: Daily trade Vs long trade on: October 17, 2019, 01:35:06 PM
I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.    

if you really want to become a trader but you don't have enough knowledge about trading, in my opinion the first thing you have to do is learn little by little about trading knowledge. and I would advise beginners to do daily trading rather than long-term trading. with daily trading, you can see the market movements every day to look for profit. maybe over time you will understand about how to benefit from daily trading.
533  Alternate cryptocurrencies / Altcoin Discussion / Re: Who Would Really Buy Facebook Coin? on: October 17, 2019, 08:05:51 AM
maybe Facebook users will buy Libra coins. and later this libra coin will be used to shop on the internet. and maybe whatsapp users and instagram will also buy libra. Facebook has many users, I don't think it will be difficult for them to sell libra. and when this libra coin grows rapidly, I'm sure crypto investors will also be interested in buying libra.
534  Economy / Economics / Re: Gold exist 1000+ years. while bitcoins exist 10 years. on: October 17, 2019, 06:24:07 AM
gold has indeed existed since ancient times and until now gold has remained a good store of value. because the value of gold tends to be stable and always increases every year. but we can't equate bitcoin with gold as they are different. gold can only be used to store value but cannot be used as a means of payment. bitcoin can be used to store values and also as a means of payment. the value of gold is stable while the value of bitcoin is very volatile. of course as a bitcoin investment tool better than gold.
535  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Cafe on: October 17, 2019, 04:44:40 AM
it is a unique and good way of promotion. that way ordinary people who don't understand bitcoin will start asking about bitcoin. and when they are interested they will start to learn bitcoin and cryptocurrency. and when they have understood they will definitely start trying to invest in bitcoin. I think this is a great way to attract bitcoin investors and also attract customers to the cafe. I'm sure most crypto users will be interested in visiting the cafe.
536  Alternate cryptocurrencies / Altcoin Discussion / Re: I talk about market problems? on: October 17, 2019, 03:00:15 AM
1. because I see each year more industries and companies adopt blockchain technology and also the number of countries and companies that accept crypto is also increasing. this proves cryptocurrency towards mass adoption. and of course in the future the crypto market will get better.
2. I think yes there is a downward trend and there is an upward trend. and right now we are on the downtrend giving us a chance to buy again.
3. Some altcoins don't increase because most investors only focus on bitcoin. they don't trust altcoin because altcoin is a lot of scams
4. The crypto market is always volatile and unstable.
537  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't complain for too long. on: October 17, 2019, 01:40:01 AM
Good evening everyone, I want to share a little bit of saturation but also want to share the spirit in the current market conditions (Altcoin Prices). When you decide to trade, you must set aside a lot of time to monitor price movements. Actually not only choose the time to buy or sell, but there must be a growing spirit of self. Don't focus too much on conditions, but we need refreshment of mind to make a new strategy. I am optimistic that the altcoin price will grow well, maybe later this year. Do you think so now? Thank you,

yes you are right complaining will not solve the problem it makes us become lackluster. rather than complaining, we should look for new strategies in trading crypto. looking for altcoin that has the potential to have good grades. I am optimistic that the value of altcoin in the future will increase. cryptocurrency is now heading for mass adoption so I am sure in the future the situation of the crypto market will be better.
538  Bitcoin / Bitcoin Discussion / Re: What are the dangers inside cryptocurrency investing on: October 16, 2019, 10:03:30 PM
Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”

First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/

yes you are very dangerous when we enter cryptocurrrency without knowledge and just follow the trend. and think crypto is how to get rich quick. To succeed in crypto requires patience and also hard work. we must learn about cryptocurrency in earnest before investing. and I suggest that when investing crypto don't use borrowed money it's very risky. because we never know when coins will rise and fall. better start investing crypto with small capital but the money itself is not a loan.
539  Alternate cryptocurrencies / Altcoin Discussion / Re: RIPPLE on: October 16, 2019, 12:08:49 PM
ripple now includes coins that are worth under $ 1. and in my opinion this is the right time to buy a ripple. I am optimistic that in the future ripple prices will surge. because the purpose of the creation of a ripple for storing values and as a payment instrument based on the internet global protocol. so we can do transactions without limits with a fast time and low cost. with all these advantages ripple will further develop in the future. and surely the price of the ripple will increase.
540  Bitcoin / Bitcoin Discussion / Re: Bitcoin - Store of Value or Method of Payment on: October 16, 2019, 09:46:40 AM
I think bitcoin can do both. as a store of value and a means of payment. it's just that not all countries allow bitcoin as a means of payment. so most bitcoin holders only use bitcoin as an investment or trading tool. but for countries that have accepted bitcoin as a legal payment tool. some users already use bitcoin for many things like buying property, cars and others. I am sure that over time there will be more countries and companies that will legalize bitcoin as a means of payment.
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