That actually a very smart move. By legalizing it all, cartels won't have any sources of income because superprofits would disappear.
Ummm I think the narcos are going to take control of the market anyway, either legal or illegally... In fact, by legalizing drugs, they are giving the cartels the option to "come clear" and to declare and have their money clean almost instantly. I doubt they will lose any profit, but, how knows? Maybe legalization is the way to the peace in Mexico. And yes, we absolutely need some peace. Don't the cartels make a lot of money sending those drugs to the USA (thinking mostly cocaine). I thought Mexico was the pipeline to coke entering the States? What percentage of cartel revenue is distribution in Mexico vs exporting? If the violence in Mexico is doped up junkies shooting each other or gang turf wars over who can sell where, legalization might work. If the violence is cartel driven at a higher level, like we saw during the Medellin/Cali/Escobar days because their business was almost purely export, then legalization I don't think will help. I don't know enough about the specific violence in Mexico and I am curiously following the thread! Mexico became the primary conduit for drugs into the US after NAFTA. The cartels EXIST because of US demand, Mexican demand is not 1%. Legalization of drugs in Mexico will primarily help US citizens who go to Mexico and use drugs from getting into their screwed up legal system. Legalization of drugs in the US will have a minor to moderate impact on the flow of drugs from Mexico. For example, it could take their profits out of weed, causing them to focus on cocaine and crack. I agree, it has great impact on US and perpendicularly crime rate will rise. I dont agree with this suggestion, though I am keen to favor the legalization of hemp as a medical purposes to some who needs it as there are already studies that validates this.
|
|
|
These are well thought out rules that would help any cryptocurrency investor or a would-be investor to make good decisions when investing. If we follow all the said rules, we should come out successful in this industry. Many folks tend to do the opposite of what is needed of them to do. Some buy high and sell low in this market because of fear. They do not follow the investment tips that they ought to follow.
Following the laid down rules would catapult you to massive gains
Well those are very informative guides and as a newbie on trading its a must to read and read more resources. We know that cryptcorrency trading is very volatile and please do extra carefull in making transaction. be sure you know what you are doing so as not to incur big losses.
|
|
|
in my opinion I really hate airdrops because yes its free coin but most of them a high percentage of those airdrops are no good value in the market so I do not participate with it because it is just a waste of time and it can lead to disappointment.
I feel your sentiments. Same here, I seldom join airdrops. I join only if I find it interesting and too good to be ignored. Most Airdrops I joined are scams and just collecting our info like emails for thier marketing purposes or for referral,i am receiving several refferral link since then.
|
|
|
Trading? Airdrop? Bounty? Others?
trading is a good way for earing altcoin also all of the altcoins daily. I like to do trade regularly. airdrop is a free money. but nowadays I don't join airdrop bounty because of scam and a lot of participants. Bounty is good for all of the time. here also a lot of participants so hard to earn some coin. For me bounty is a good way but now, its not quite favorable as more campaigns are scam and did not pay after the ICO. This is the setback of unregulated programs. Next is trading, its very exciting when market is in a hurry wherein there are many traders joining the trade. Airdrop is good too, but most are scam also. Be vigilant always.
|
|
|
We will hope for it, since the fall has already been quite long. But it is possible that this is fake growth, especially for people to buy, and for tomorrow bitcoin will go even lower. Who knows, we hope for the best.
Well it bounced back yesterday and I hope its the start of bull run. I am happy that it did and sold of my tokens.Many traders are happy too same with my friends. Though it may have some retracement, but we know its the start. God bless to all traders.
|
|
|
Understanding the market is important, so we can understand its positive side as well as its negative side, where there is always a rise or fall of the price of all the coins. in situations like that we are in demand to always be patient and optimistic.
It's something you have to learn to avoid the losses that will occur in time the price decrease. If you don't learn it maybe you will make a big loss for yourself. Crypto market is very volatile,since no one is controlling it and anyone can pump or dump the said coin or token. But the good side is, the world is your market and in due time, coin prices appreciates as long as there are supporters who are willing to buy and utilize this cryptocurrency.
|
|
|
Being greedy could give you huge lost, as a trader I always satisfied if I gained at least 20 percent profit in my investments. Good strategy will give you good profit everyday if you learn to trade wisely.
Profit is profit and its a good strategy too. I havebeen holding some token but sad to say, now they are on dip, not just an ordinary dip but looks like on th floor already. I have several tokens thats lost more then 50% and below. Greed should be minimized, in my opinion.
|
|
|
Many still believe on bitcoin thats why they keep investing on it.. Its indeed profitable specially when you know the perfect time to buy, its not about how much you buy it but when to buy it.. Bitcoin still best choice for others to invest than any other alts around..
Of course, and volatility in market is an opportunity to make money. Most traders are taking advantage of this and they make huge profits. Timing is essential, and patience yields a good gain. Bitcoin is still the best option right now no matter what, since its the pioneer cryptocurrency and supports is still there.
|
|
|
Now it is best to buy the Ethereum because the price has fallen, but the coin continues to be interesting for long-term investment.
Same here, I consider Ethereum for long term hold. Its the first platform or pinoneer and its great. So much ICO;'s already though some are fraud. Ethereum is the leader in platform I know and for sure, others are following its lead.
|
|
|
What have i learnt? - always keep USD in pocket, also if you think you don't need them.. everything can happen - trade with your mind, not with emotions, everything can happen - don't believe others, cause NO ONE know for sure what will happen - study, study, study and focus on your strategies - not enough said: everything can happen! Really, it happened many times on my life, always happens something unexpected Well, it means that you have matured enough in crypto trading. Me in situation like thgis, I just watch movies on my PC or sometimes I go malling and windowshopping. Its a good time to see around and mingling with friends. I know, market will recover sooner so just enjoy the moment.
|
|
|
This assumptions that crypto will replace fiat currency is false. some people will prefer crypto while others will stick to the Fiat they have known all their lives
Fiat currency will not be erase/remove in easily from the currect system. It will stay for sure, but we expect more adoption and use of digital currency in the future. New generation and millenials will prefer virtual currency since they are the most tech savvy people.They started technology at an early age and they are use to it. Older generation prefer fiat currency but as thier population diminished, fiat use will slowly diminish too in my opinion.
|
|
|
you cannot predict bitcoin lowest value, Remember bitcoin price was started from 0$ in back year 2009, it reach at this stage due to positive trust against bitcoin adoption and usage. bitcoin price was lowest 5800$ as recorded on Sunday what if we compare with last year prices ? It reaches 20000$ in December month and it was only 5700$ in November month also Read that bitcoin price was increased yesterday due to this impact Read more here https://cointelegraph.com/news/controversial-tether-releases-250-mln-in-usdt-twitter-awaits-bitcoin-price-jumpWell bitcoin is highly volatile. But I do believe that in the furutr still it will increae its value, because as it age the price will not the same as its first purchase. Just a little time,bitcoin will grow. Bitcoin compared to its first price grows moree than thousand times already.
|
|
|
Yes, it is true. They will not be selling bitcoins anymore. This decision was taken after the exchange faced disappearance thousands of bitcoins. But the losses will be compensated to the people by the company. This means that the money they has lost will be reimbursed fully. This will be initiated somewhere in-between 2019.
This is good news. This way they cant dump bitcoin they hold. Also, good for holders as they were compensated, thier money is reimbursed. At leaset holders is relieved tthat tyhier money is not totally lost. Hope some other exchanges will do the same.
|
|
|
Is there any posible way to filter who are going to make an ICO to be able to know if there are scam or not? And is there any bodies of law that would be able to punish them once they turn into scam. And what punishment should be given upon committing such the crime?
At present, there is no effective supervision of ICO in the market, so there are many ICO frauds, so we must be careful when reinvesting. I believe that ICO needs a special supervision department, so as to effectively control and supervise the legitimacy and completeness of ICO, so as to attract more investors. Thats right. No proper regulation right now and anyone can do an ICO even anonymously and raised funds and run with money /btc being scot free. This is being pointed out by several people already and government are doing thier best to formulate rules and accountability about this matter.
|
|
|
Although Bitcoin is a decentralized technology, it is not immune to the reach of governments. Assets need authorization to be traded and due to this situation, regulations will emerge in several countries.
Yes it is decentralized and you can use it in any country whenever there is an internet connection. But its better to be recognized by the said country and being supported. This is also for the benefit of the people to curb fraud and illegalities surrounding it. Governemnt is only on the regulation side.
|
|
|
I'm afraid only of what may happen if my private information will appear in wrong hands. Someone simply can do illegal activity by my documents and I will be those one who will be punished and destroyed. They ask from us information by following new idea of KYC, but what about guarantees?
Same here. If we know we are sending our info to reliable authority, I am not scared but if it falls to wrong hands, its a disaster. They may used it for fraud which is rampat now adays. I hope this will be fixed or someone can build a trust system where we can rely.
|
|
|
This depends on a lot of things to be honest, i really believe in that crypto is being manipulated by a lot at the moment, but it can change at some point if everything gets back to normal.
Manipulation maybe just for now or for more another years but it may not last long. Once bitcoin is well distributed to many holder, we will see the organic growth of bitcoin. They can manipulate now because they ar early adopter and hold huge amount of btc. Time will come that this is not the case anymore.
|
|
|
The biggest factor affecting bitcoin prices is national policies. Friendly policies will soon lead to a big increase in the market, and the start of national regulation will lead to a fall in the market.
Yes, its the government policies primarilty has a great impact. Furthermore those FUD Fear Uncertainty Doubt news are affecting also a lot. Without clear ruling, cryptos will likely be in limbo and most will becone anonymous and go underground. I hope things will be get sorted out in order to have a clear direction of this new technology.
|
|
|
You and "your buddy" bought bitcoin together and both of you two know the password too? Can I take some legal action against my partner?
What valid proofs you have if the password was changed by yourfriend? I know, it's to strange while the wallet password has changed and your friend also disappeared (too much coincidence). Why did you have to start with 1 BTC though?
Because as that gives you enough capital to never make a loosing trade with they system of trading I have.
Since both of them owned it, probably the its both must sit and talk what happened. Air your concerns to your "buddy". It can be resoleved by both of you, it needs only time to do it. Talk honestly. I think you have personal issues with your "buddy", hope you resolve it offline.
|
|
|
|