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41  Economy / Trading Discussion / Re: How do you manage your profits in trading? on: November 10, 2018, 02:52:11 PM
For now it’s a little difficult to decide which coin will give profit because the current market situation is declining. At least you have some knowledge about reading candlesticks which you have to see if the candlestick is green or red you will see some benefits in buying or selling some coins.
42  Economy / Economics / Re: What's Crypto innovation for you? on: November 10, 2018, 02:51:48 PM
Just for your information, Bitcoin isn't the first cryptocurrency at all. I advise reading a little bit about the history of decentralized currency, encryption, and privacy tools.
Yes, but at least we both know that bitcoin is the first working decentralized digital currency.
Moreover, beforehand, most of the cryptocurrencies created in the past still had some little element of the fiat system in them, so I would not have said; they could be classified completely as a decentralized cryptocurrency.

At least, I remembered reading in 1998 about a bitgold; an electronic currency system that will require users to complete a proof of work function with solutions being cryptographically put together and published, but it did not really go that far. As it is, bitcoin still remains the first working cryptocurrency.
Yes it’s true that bitcoin isn’t the first but bitcoin was the first to succeed and many people use it to this day. Although there are still some who cannot accept bitcoin. It doesn't matter as long as it’s useful for the people.
43  Economy / Economics / Re: Is there any chance of having one global currency? on: November 10, 2018, 02:50:24 PM
Oh, looks like you’ve missed the news lately, now there is a digital currency running on cryptography and blockchain? Great isn't it? It said Bitcoin could be used to buy pizza, surprised? It’s very hard to believe, I can buy goods from other parts of the world using digital currency which initially the value of Bitcoin if exchanged for USD is very low, but now you know that the price of Bitcoin has reached thousands of USD and made people want to have it too. Much wow right?
44  Economy / Economics / Re: WORLD CRISIS IN 2018 on: November 10, 2018, 02:49:58 PM
it is true that the world is currently experiencing a crisis and that has happened to Venezuela, and it is possible that Crypto could also be affected.
World crisis? I think the strong impact of dollar strengthening is only affect few countries and some of these countries are not big players or who don’t have a strong influence on the current global market and economy, so it’s not appropriate to say that. Trading war between America and China also raised new hopes that China could be a strong competitor to fight the superiority of the USD and US itself. Even if the economic crisis would occur because of the transition from USD to CNY.
45  Economy / Economics / Re: What will happen to bitcoin? on: November 10, 2018, 02:48:03 PM
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
By simply looking at the status of bitcoin right now, we can already assume that bitcoin's successful future is slowly fading as time passes by and as the value gets low continuously. Though that is what's happening right now, we can still make a difference by simply supporting it through continuous investment and who knows, maybe it will surprise us one day all of a sudden.
of course the development of bitcoin will continue to be done. well, until this year, bitcoin is of course still being used. it's just that, the use of bitcoin is still being used for things like investments, transactions, or other things. I think that the price of bitcoin is a benchmark for its development, so the higher the price, the better the development for the future.
Yes there will be many new technology development to develop bitcoin to be faster and safer than before. About the price, it’s a natural thing because it won’t increase forever. And many altcoins that help pushing bitcoin to have higher prices, altcoins that developing with advanced technology will surely help to change bitcoin to become more sophisticated in the future.
46  Bitcoin / Bitcoin Discussion / Re: This is why we should all use Bitcoin and no more credit cards. on: November 10, 2018, 03:09:59 AM
Well, that's how cunning they are, Amazon has become a big company but still doing fraudulent practices like this, and it’s a shame. That’s why we must be very strict in giving permission for credit cards and also our assets, many security holes that can be misused and we users are bound to burdensome regulations.
47  Other / Beginners & Help / Re: Nowadays, even ordinary laptops can mine bitcoins. on: November 10, 2018, 03:09:32 AM
Nowadays? People were using Intel Pentium 4 for mining! Why? Because the level of difficulty is still appropriate, and now when the price of Bitcoin is too expensive, the level of difficulty is also increasing, as well as the electricity costs. I think many people who choose to go mining have to wait until they have big capital. Don’t let yourself fooled by a pool that promises profit with a regular laptop, if you are smart you should be able to calculate how much you will get and then reduce it with the funds you have spent so far, and you can finally say that you profitable or just promised a sweet promise.
48  Economy / Economics / Re: Bitcoin x banks on: November 10, 2018, 03:09:01 AM
Many bank fear Bitcoin. And there are more reason present behind this. People mainly use for secure money transaction. But Bitcoin provide better secure money transaction facility with more advantage then bank due to this many people using Bitcoin instead of bank. Bitcoin provide its user an uninterrupted money transaction facility which is untraceable too. While bank doesn't provide such facility to its user. And in order to use bitcoin transaction their is no need to give full information of sender and receiver. And bitcoin provide faster transfer facility with low transaction cost. These thing makes Bitcoin better than bank ;)q
for someone who wants undercover and confidential transactions. of course they will prefer bitcoin rather than bank. but I don't think most people care about freedom and undercover. they prefer convenience and the bank gives it? comfort and ease in transactions wherever and accepted anywhere? so I don't think banks need to worry about it
No need to think about banks or bitcoin because both of them have their respective roles, where banks only receive savings and transactions that have been legalized by state rules and all transactions via bank requires a clear identity so the transactions can be done. It’s true that transactions via bitcoin can be done confidentially and anonymously without identity but still banks and crypto will be useful to us all.
49  Economy / Economics / Re: Economy in your country on: November 10, 2018, 03:08:07 AM
That depends on the leader of the country. It could be that the country's economy deteriorated because of the corruption of state officials who couldn’t manage public money fairly and take it for themselves to get big profits. Because basically a country with a good economy has a fair leader for its people.
50  Bitcoin / Bitcoin Discussion / Re: how governments can regulate digital currencies? on: November 10, 2018, 03:07:33 AM
Though it’s easy to see why governments would want to regulate the movement of digital currencies, the reality of doing so is much harder. A lot of wallets have no identification to them and rest on a server in a third party country. In the case of offline wallets in devices such as the Ledger Nano, they’re not connected to any network.so is it possible to regulate ?
Somehow, government should implement digital money as a new currency since we are living in this world where technology almost control all individual.
You said the government cannot regulate digital money but now you say the government must make the digital money as a new currency. Government exists because the state needs to be regulated and everything in it which it’s a great responsibility, I suggest you to read any article or journal related.
51  Economy / Trading Discussion / Re: Is there a required amount before you start trading? on: November 03, 2018, 07:20:54 PM
Some exchanges may have regulations regarding this, but it should be still logical. About starting capital is whatever you have because you are in the learning stage, don't start with a big nominal because you don't have experience and enough knowledge in crypto, it's very risky.
52  Economy / Economics / Re: If the stocks market will crash again like 2008, what will happen to bitcoin on: November 03, 2018, 07:19:59 PM
In my opinion crypto is the right option to switching from the stock market if it’s destroyed someday.
I do not think they will invest in another cryptocurrency because we all know that bitcoin is not a fraud.

Why do you think like that? If there are cheaters, it's our duty to report it to the relevant agencies, this is better than just accusing and jealous of others.
53  Economy / Economics / Re: how to help people who have problem economic on: November 03, 2018, 07:18:43 PM
hello member of the bitcoin forum, Smiley
I'm confused and looking for answers about how to help people who are having economic problems,

are there any of us in this forum who have a good heart to help the economy of fellow human beings,

can opening new jobs reduce unemployment and improve the economy?

No one could ever help them but to help them for themselves to do that. People in some other places are so lazy and we can't do anything about that.
This is where education is very important, educated people know what they have to do and shamed if they have to depend or ask others. Giving money to them is not a way out, but by providing jobs so that they aren’t lazy and just stand by.
54  Economy / Economics / Re: Why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line not conduct ICO? on: November 03, 2018, 07:18:08 PM
From several news pages that I read said Line decided to go into crypto, they called it LINK Coin. They are very confident that they won’t hold an ICO (but there is still an 'airdrop') because the level of demand for crypto in Japan is quite high and Line is a big company, almost everyone knows, especially young people.
55  Bitcoin / Bitcoin Discussion / Re: Fight between BTC and BCH communities drive away people from cryptos itself. on: November 03, 2018, 07:16:19 PM
That’s not what newcomers will see in crypto, they will focus on studying the market, volatility and the crypto mechanism itself, whether in terms of technology or economics. But that doesn’t mean it can justify that war, we should be able to be more mature in attitude.
56  Economy / Speculation / Re: Bitcoin in going down, is it bad...? on: November 02, 2018, 05:55:11 PM
You have earned profits so much, are you now a person who has no patience and becomes greedy? Don’t let yourself fall into the hole, it won’t bring anything, you’d better think positive that you can finally buy Bitcoin back.
57  Economy / Trading Discussion / Re: Good timing for short term on: November 02, 2018, 05:54:36 PM
For the current market problem, I think traders are used to follow the market flow, because traders basically follow the market and the market will never follow the wishes of the traders. I think professional traders have made some good strategies to deal with the current market situation to earn a profit and for now I think it’s the right time to earn profit because the market situation will rise again.
58  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Invest in ICO this time, yes or no? on: November 02, 2018, 05:53:36 PM
If you to invest in ICO, do it carefully especially when choosing an ICO for investment, because lately there are a lot of ICOs that hadn’t reached their hard-cap and some are SCAMS. So you have to be careful to not lose your money.
59  Economy / Economics / Re: Recession in the Economy on: November 02, 2018, 05:53:17 PM
The reason for the recent global crisis is due to Trump's success in strengthening the US economic sector with various policies issued and not infrequently weighing partners or even disrupting bilateral relations between two countries as example the trade war with China. But that doesn’t mean developing countries must be slumped and can’ take advantage of it.
60  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest in an ICO? on: November 02, 2018, 05:52:55 PM
1. I’m still investing in some ICOs which I think are good.
2. I search through this forum.
3. I personally see the team first so I could filter/avoid the scam ICO.
4. I read the whitepaper first and I also check the history of the team and the investors so that I could read some experiences from the history of the team and investors.
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