If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
One currency uses for all people in the world which is BITCOIN CURRENCY is much better, but that particular movement of Bitcoin Price Value is still moving like bubble I think this is not acceptable to achieve for the good economy for every country, they need to be change another option of price standard if it is operated for the entire country,.. the good impact of BITCOIN CURRENCY is very quick processing. Everything has its own advantages and disadvantages. Same is the case when we talk about usage of only one currency in the entire globe. In my opinion, this will prove out to be really good step but there are number of things which will cause troubles and that it will be very much difficult to convince everyone for using of one currency. It will help us in using that single currency in every corner of the world too. |
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Bitcoin is a cryptocurrency or digital currency which is untouchable. But this currency has a value where we can invest our money to get profit. we can also use it to buy things via online.
Bitcoin is something which is very much different from the rest of regular currencies which are there in this world and that we cannot term it as normal currency or money. It is digital currency having its own features and advantages and is indeed far better than rest of the normal currencies. No matter which term you use for bitcoin, but you will surely be able to make some good money out of it if you started investing your money into it. |
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Yes, they will.
Even the official bank of China will release its digital currency.
But that's barely currency, have much difference compared to the ones we discussed.
This is what will start happening gradually and eventually. Most countries are already getting aware of the future of blockchain technology and the next thing right now is to see how they can make it a possibility for them to be able to integrate it into the monetary system so they can benefit from it. A time will come when unnecessary printing of money will pass, and then we will get to see a lot of development coming up for most countries with the use of the blockchain. |
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You re shocked since you obviously know nothing about crypto mechanics and yet you have decided to invest into crypto. Why?
The unfortunate thing is that many bitcoiners fall into that category and they are the ones to start running helter-skelter at the slightest drop in the price of Bitcoin, whereas all that's needed is an understanding that the price of an asset cannot continue indefinitely in any one direction. Markets do reverse especially after rallying for a long time and vice-versa, so knowledgeable traders and investors simply aim to fit into that pattern. And that is the main reason why the whales and institutions always read this on the chart and know that having people like this in the system will always give them more profit in the long run. We always have such category of people anyway, so it is not new. As time goes on, they will start learning that a dip is not the end of the world and then start telling holders to always do the right thing. |
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Yes, you should sell it now. If you have to ask such inept questions like it, you don't deserve cryptocurrency.
Well, most of them actually never bothered about the idea behind cryptocurrency and all the way from the Ponzi schemes they have been doing, they come into purchasing bitcoin thinking it is just another one of their trial and error Ponzis. I totally agree with you that people like this do not even deserve to be here and this is the reason they end up selling what they are holding even at loss without considering what the future holds. They always come back at some point learning their lessons anyway. |
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Just hodl my brothers and sisters, this kind of thing always happens. Theres not much to do about it really.
There is some interesting regulation in the US coming down the pipe too - but they seem to have a "dont fuck with it until we understand it" attitude which is extremely nice compared to how it was before
Just as simple and easy as it sounds. No one has ever seen a market without its trend changing. Bitcoin trend changed from uptrend to downtrend, so there is nothing to always worry one self about. This is a normal thing in the market and before we even know it, we will end up having a rally, breaking resistances and testing new ATHs very soon. Most times, it is just best to pick up some popcorn and be watching as event unfolds. |
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Checking crypto prices is always crucial, we all want to make sure that our coins are gaining more than expected, especially in times when the trend is bearish, we must make it a habbit to check daily for us to know when to exit, since we do not want to get in a bull trap or a bear trap. Our entry will make sure that we will gain more profits but it is the exit that counts, since it will determine how much we gain or lost, also we can see the trend, whether it is just going to be a pump and dump, rather than waiting for some time for our coin to earn in the future, we need to see to is that our coin is also stable, not just being hyped.
Even if it is not crucial bro, for me, it is more like an addiction already. I guess being a trader even as a long or short, one would just have to be able to find time in peeping at the value of one's holding so as not to get the shocker of your life while waiting for a sell order to go active, or seeing a long position turn downwards and not ready to go further than to keep going down and then missing the stop loss as a trader. Asides that, it is just normal for any investor to do this. |
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It just proves how strong your trust in bitcoin is, if with these dips and that made you panic sell then this one is not for you. Not being able to see the opportunity that rises during those dips are also one. The market will not fall and will go to even greater heights.
Those who have been in the system and in this game being played by whales for a long time now will hardly have problem holding on tight to their position. This is not a matter of whether the market will recover or not, it will definitely do as there is just no two ways about it. The market has always been known within this period to normally experience some downtrends like this, but the year has not even finished. |
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good thing : work efficiency rate goes up, less human error, simply put robot to work and they not complaining about wage or anything, fast and accurate production. bad thing : partial cost for the robot is high, human could go jobless because of robot, wasteful of energy on the robot too. well there is what i can thought of.
You thought well bro but at the end, this may only end up affecting the hard jobs and will make people to be forced to retire to professional jobs that possibly robots cannot do, unless of course, robots start taking over those ones too which I believe they cannot as no robot can have emotions and they are only program to do what they need to do. May be it is just time for some to really go back to school and learn real professions. |
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I think there is a way by which we can control the number of scams producing each day. Then anonymous network is the key they are you saying to scam others and that's a problem we saw coming. Can we guys make a way by which some part of the network uses the Anonymous system for transactions but for business purposes it will be a non anonymous system or at least they have to verify themselves with the blockchain or something like that? You look like a insurance for them but a proof for other uses.
In real world, one thing anyone with good reasoning would like to do so much is to stop crimes and all the evils that are happening in their country, but it is not possible, cause the more you’re killing them, the more the others would be coming. The only thing you can succeeding in doing is reducing the rate of crimes in your country.. |
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I personally want to earn money actively not just a wait money comes to me. So I prefer trading to just holding. Also making money from trading can be much faster, don't have to wait for long time and I can control my incomes. Holding too much depends on long time.
As far as you don’t need money for any emergency purpose, I think you mustn’t be using that rather keep holding until the prices get so higher and your profit ratio becomes much healthier. At that moment yes there is no need to wait more as it will become a part of greed then. So don’t be greedy in that time and sell your coin as soon as possible but remember, profit ratio must be handsome at that time. |
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some investor have doubt to invest because other country the government declare ban of bitcoin thats why the value of bitcoin is up and down.
This up and down are the usual behavior that bitcoins are showing from a long time. No matter what are the circumstances, one must keep confidence in bitcoins and don’t get panicked in strict conditions. When you see market is falling down, don’t worry and just relax. It will not destroy your investment, rather a better time is coming for you once this dip is over, pump is awaiting. |
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Hopefully those scammers will be banned forever and they will be detected so that we can work at peace without thinking that our hard earned will go to those scammers, who are not doing a legit job in order to gain money. Be observant and be alert everytime.
One thing for sure is that you can’t stop scammers, no matter how you try. It’s just like when you’re trying to stop the corruption in the world today, which is impossible. So it’s not possible. The only way to stop scam is by those who fell victims to be posting lists of sites where they were scammed. So you see, people have to get scammed to be able to fish out the scam sites. Best thing is just to invest only in sites with good reputation. Well scammers have evolved as well becoming more and more creative to attract victims and take their money. And i agree, it would be very hard for the authorities to keep scammers in check because they have new moduses everytime. Keeping the people informed probably would be the best solution to this. However there are times when logic and reason goes out the window when people hear about easy, quick money Yes that is true, and most annoying thing about them is that the more you try to stop them, the more they continue grow; you take down one scam site today, tomorrow you will see another on net robbing people of their hard earned money. This pisses me off a lot, like seriously and I hate all these scanners. Wish there was a way to discover who they are in real life and just capture and make them face the punishment they deserve. |
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As a newbie I got all excited and caught up in the hype about a coin and held for too long until it becqke clear it was a scam, missed out on a lot of dough, the coin was Sapience. To avoid such situations it is always advised not to only listen people’s point of view for a coin and don’t blindly trust their values. Every person is different and everyone comes with another mindset. So don’t bother what others are saying about something. Take a time, do your proper research about what is right and what is wrong. Be satisfied with the history of any coin, and only then join it. |
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I don't know. The Bitcoin era that I wish I was part of was from 2009 to now. How I wish I was part of that era. I mean now you see that it's a success, but in the beginning you weren't so sure, but believed. I wish I was part of that.
For me I don’t think there is anything like a Bitcoin era. All times are Bitcoin time, cause it is volatile. It falls sometimes and rises sometimes, so those times it rises are its times and you shouldn’t just let such great opportunities pass, cause it might take a long time before they happen again. Same thing will be happening this year and very soon. So there’s no particular time for Bitcoin. If what you’re talking about is when the whole world will start using Bitcoin, then you’re wasting your time. |
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Go for it! It seems that now is the right time to buy and invest in bitcoins. Always keep in mind the risk and look at the long term effect of your transactions. Don’t be impatient. Good luck!
Buying Bitcoin now won’t be something to regret in future, because you will earn a lot of profit from the price rate it will reach. Lots of prices has been predicted for this 2018 and I’m not sure of which price it will be, but whatever price from the ones I have seen will be quite okay– Some predictions I have seen includes– $70,000, $40000, and $50,000. Any of them would be good, even if it’s $25,000 to $30,000. My friend already got a profit of $2000. He bought last week when price was around $6000+. |
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Many of us may have read that 2018 will be game over for bitcoin.Every now and then have seen that every Tom, Dick & Harry Coin claims that their blockchain technology is better than bitcoin and they will solve the real issue with bitcoin network but in reality no one is even close to that.
Is there a alternate to bitcoin to replace it?
Can this crypto economy survive without bitcoin?
I think yes, Digital can still survive without bitcoin. Bitcoin is not just the only crypto coin it just have the highest value among those crypto coins that's why it is more popular than the others. But if bitcoin disappeared, Ethereum is there to repalce bitcoin popularity. We are just often use bitcoin that's why we think that if bitcoin disappeared, all the other crypto will get affected. The way bitcoin is totally into our lives nowadays, I mean the people pursuing the bitcoin as their only source of income, and the only ray of hope in the dark, are so much into this business that they cannot think of the bitcoin departing from themselves. No doubt there in nothing like forever, the bitcoin will also be replaced sometime in the future but I don’t see this happening somewhere near in the future. IT is something that is going to last for a long time and we’ll see our generations getting benefit from it also. |
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I do not think that the mass media deliberately spread negative information about Bitcoin. In most cases, they try to be objective and lead a different point of view. However, there are cases of deliberately spreading bad information about bitcoin, they really serve the government and their officials more.
We hear many rumors about bitcoin, almost in every media forum, whether it social media print media or electronic media. We need to understand that everything going on in the media at a given time has a direct or indirect relation with the community that we live in.There’s something about that particular issue which makes it important for the people on the media to talk to. The same is the case with bitcoin, we see many people discussing bitcoin, and of course not all of them will be in its favor. There are critiques too, in the media who actually try to point out the effects of bitcoin on the society. |
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Yes it is true that the Canadian banks creates storage of the crypto currency and we know that the big investors have store a good reserve of this crypto. All the other banks also storing crypto But they are not saying this to the public now the bitcoin price is rising and it is good to buy the bitcoin currency i would love to make a strategy for the altcoin and bitcoin if we have all this then we can become the rich in the future in the crypto currency.
The future lies in the hands of cryptocurrency and I would be right to say that our future is in safe hands. The cryptocurrency is way more secure and more importantly more profitable than the physical currency. Now we see that the governments are making policies regarding it, companies are accepting it as their payment option and now the banks are storing it for future use,i.e. to get profit from it. All of this is a clear sign that this currency is not going to just fade out very soon, it will continue to benefit its users. |
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Fiat currency will always exist. I think it wont crash because it is still needed in the future. Some countries may opt to be cashless but some countries will still prefer fiat currency. It will not be eradicated totally and will still continue to go around the peoples hand. Basically bitcoins can’t live without the fiat currency. May be I am wrong against the reviews of many people but I think what experts says about this dilemma that only bitcoins can’t survive. Reason is valid and logical that a layman who don’t have enough money for food how can he afford a computer and internet access to manipulate and use bitcoins. So yes, cash will be in pair with bitcoins. |
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