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1  Economy / Economics / Re: The Way how things are going and fiat and crypto on: December 21, 2020, 06:10:40 AM
There is no need for eliminate cash the cash will stay there no reason to eliminate cash.
I think its missleading Information like someone had Information and now will change the info to make it look like more bigger more drama and more fear and confuse so its kinda alt media what sells fear...  to people but in maximum.
Its just the bitcoin going to be like gold was they made some mistakes in history when the central bank gold was sent to forth knox and stoled from there....  now they have bitcoin wich is far more safe
My conclusion: the cash will stay just the way to create the wealth and money will be changed.
I think its going to go about the way that you've described.
There is no place for maximalism in economy related question.
If (or rather when) crypto is going to take place in global govs backed economy - it is going to be partial at first, thats for sure
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Tezos going to be next Ethereum? on: November 09, 2020, 04:39:07 AM
Tezos is an open source 4th generation decentralized network for assets and applications. It has huge community of Researchers, Developers, Validators and different support groups. It has the largest followers in the crypto space. All of them share the common goal to make it Top 20 crypto currency.

There are rumours in the market that Tezos network will be used for Digital Euro in the years to come. If that happens then its price will sky rocket without any doubt.
Its current price around $2 which is very attractive for investment to yield huge profits in future.
Tezos has great potential and quite decent results at this point.
But you can't really say its going to be next Ethereum, because Ethereum is not dead and its developing at the moment.
So in couple years tezos could keep up with current Eth's position, but obviously Ethereum will be far ahead at that point of time.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Biggest Crypto Ponzi Scheme Story to Hit Movies on: October 14, 2020, 02:30:18 PM
Hollywood capitalizing on One coin Ponzi scheme as they are going to turn this one into a movie - starring Kate Winslet.
https://deadline.com/2020/10/kate-winslet-scott-z-burns-mgm-fake-onecoin-movie-1234594621/
What do you think of this? Will crypto be in the bad light specially if this movie comes out and portray it as some kind of big Ponzi Scheme again?
This isn't as bad as you think of it. We all remember wolf of wall street - it shows banking system and stocks in a very bad light as well, however as we see its still there.
I believe crypto is at that stage when it can't be killed by news, but only boosted by them.
4  Economy / Economics / Re: USA dollar and oil on: October 14, 2020, 02:28:01 PM
The oil reservers around the world is full.
There is all ready too much oil.
The USA dollar demand was coz of oil.
USA dollar have problem now!!
USA dollar was backed by oil Trading!
Now When oil is down in order to keep USA dollar as Reseve currency they need to Back up USA dollar with other things
Dollar demand caused by overall usd usage around the world and also caused by latest usd printing - people still pay for things, thus value of money is still there.
Of course it is temporary, but my point is - its not all about oil
5  Other / Archival / Re: DeFi hyip is over? on: October 09, 2020, 06:29:48 AM
THE current DEFI hype has many similar points like ICOs and the new trend is not over yet, unfortunately. After the Uniswap craziness, the prices were pumped and many centralised exchanges have listed UNI for trading. The new projects will not spot at this point, so I still look for hidden gem altcoins in order to invest more. When the right time arrives, I will dump on the market rate before the end of the hype.
For sure it is an expected correction after bizarre pump caused by UNI drop.
It will take up to a month (my personal prediction) for market to settle down and figure things out - I thing bigger hype is on the road, defi projects are yet to be really practical, so there is a room for improvement for sure.
6  Economy / Service Announcements / Re: OWNR wallet. Buy, exchange and store crypto. Licensed service. on: October 09, 2020, 05:59:56 AM
Im sure that XRP army will win this poll
It's more like walking dead now than XRP army.
Still, I agree that it's upon all users to decide which crypto should be added next.
I hope that you're right, because XRP is basically unusable, non profitable half dead coin with high market cap.
There are a lot of much nicer options for any wallet to add in, rather than xrp.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it getting late to buy crypto again? on: September 15, 2020, 04:32:08 PM
Bitcoin was trading around upper 11K for most parts in last 3 months with occasionally over 12K and it suddenly plunged below 10K, now it's recovering and climbing upwards. Is it a right time to bag all the coins you can or is the market going to drop again before reaching another 12K for bitcoin? People that sold in 12K and bought it again at below 10K already are making good profit at this time. It's really difficult to decide when to sell and when to buy.
First of all, lets not sum up all crypto to one bitcoin.
Because there are a lot of coins that deserve some attention and your trust and your funds to invest in it.
Bitcoin is a good starting point, but if you're around long enough its probably a good time to start the investigation - what he hell is alt market and what goods it holds behind
cmc is going to help a lot
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Uniswap on: August 31, 2020, 12:35:38 PM
did you guys try trading on it? i heard fees are insane. how much gas i pay for lets say 100$?
im fomo with bunch of shitcoins there as they grow insanely, i wanna catch some profit there before coins dump...
I've tried to trade there couple times and its works just fine.
fees are pretty big, thats true, about $18-$28 for a transaction which is obviously insane amount but profits can be ridiculous as well
9  Economy / Economics / Re: Is Germany the NEW World’s Crypto Superpower on: August 20, 2020, 05:50:02 AM
This is another great news for adoption, I hope Germany becomes successful on implementing this so that other countries can start joining the crypto space. The key is to make it easy for everyone to understand and use this technology, this is similar to Symbol from NEM's seamless API integration which allowed the Lithuanian government to develop their own coin.
It is a great thing for adoption and surely will put Germany in a good place in terms of crypto market and crypto industry.
However, there is China with over 60% of bitcoin mining farms in it (if I'm not mistaken) so it has a lot of power and at the same time they're working on implementing own cryptocurrency country-wise.
So I can't think of a Germany as the superpower, but they have capacity to compete in crypto industry on the world level
10  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH is going up day by day.. on: August 05, 2020, 10:26:34 AM
At this time every alt going pump and pump but you right ethereum is doing well so i think ethereum is now dump is possible because when any token or coin doing pump then dump is also doing as well..
Ethereum will only face the bullish trend and it will never face the dump as the testnet is not yet launched and i think the dump will come after the testnet will have fully launched and speculators will be seeing how much potential that has already brought by ethereum 2.0
Perhaps, you are right - people will see ethereum as bullish until they see real results which has nothing to do with how people value a coin irl.
So chances are it will climb up enormous price and then fall to something more digestible
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats your fears in new cryptocurrency? on: July 30, 2020, 06:36:13 AM
Risks and fear aren't same thing, I know where to put my money so I don't have fear when investing in crypto coin, I have top coins and for new coins I only join IEO on binance launchpad, I always make my profit
Interestingly enough, I found myself fearful when I'm thinking about investing something on the dip, but rationally I understand that it is the right decision.
Considering risks is way more practical than following the fears
12  Economy / Economics / Re: How will look the world in 2100? on: July 22, 2020, 12:03:08 AM
I suppose people will overpopulate the planet and we'll have to move onto some other planet and colonize it.
I don't think earth will look pretty by any means in the next 80 years.
I hope we'll still be alive and humanity won't extinct
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware of fake gold backed tokens on: July 03, 2020, 06:37:24 AM
I have seen someone who has made a crypto backed by silver and it's also a scam token too. Any token that claimed to be backed by commodity has a big chance to be the next scam project.
Thank you so much for this awareness. I hope people will not blindly put their money into the scam project.
Agreed, its much more important for a currency to have real life usage case and/or technological advantage compared to existed currencies on market
14  Economy / Economics / Re: Saving economy at the cost of what? on: June 28, 2020, 04:33:07 PM
Current situation is one of the hardest in human history - most of us have all information available online, we are not in war, you can connect literally anyone online, yet thousands of people are dying.
If we choose to sit home to prevent corona deaths - we are going to face real economy depression and you should understand that poor people are going to rob, kill, destroy and etc.
On the other hand if we choose to go out and work - our economy is going to be fine after some months of constant work, but people are going to die more due to corona.
We can't estimate losses without making this decision so we gotta hope for the best and try not to loose current economical state I guess
15  Economy / Service Announcements / Re: [p2pb2b.io] The next generation cryptocurrency exchange [IEO (STO) for Startups] on: June 18, 2020, 09:35:37 AM
One of thing that I hate about p2pb2b.io is they allowed scam coin or token to remain listed in their exchange, they should have de listed Likercash for scamming their bounty hunters and investors, they did not announced about swap they just change their contract address without informing their investors and bounty hunters.
Do you think scammers care at all about what kind of coin/token they liat in their scam exchange?  Cheesy
All they care about is gathering all the listing fees at any opportunity that presents itself. It's up to us, as owners of the money to stay woke and avoid such exchanges otherwise we lose the money to the scammer.
Agreed. And I don't understand that at all.
Their service was actually decent and usable - why don't they play this "game" fairly so people would use it longer and would pay fees anyway.
Now they're accused to be a scam and I won't ever visit their service
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Future whale wannabe on: June 03, 2020, 04:49:10 PM
Bitcoin Whales are considered market players with significant funds that are able to move the cryptocurrency market. The large players being referred to are institutions such as Hedge Funds and Bitcoin Investment Funds. Some of these funds have announced their presence in the water.
Those whales weren't considered as whales when bitcoin cost like $10 (and below).
So the op wants to hop on some alts as simple investor, but he plans to hold on to those alts he mentioned to be a whale one day
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance listing can't erase price dump on: May 20, 2020, 04:56:19 PM
It seems people don't understand what volatilemeans, crypto coins can't be stable, they will rise and fall when they feel like and most important part is most altcoins rely on Bitcoin and there are other things to worry about too, how pro are the teams? Some team relax once they are listed on binance
Exactly, man. A currency is volatile for many many reasons and you can't predict all of them, so you got to guess a little bit and research a lot.
Even with the weakest altcoins you can clearly see that bitcoin is not the only thing that makes it move - every coin has its own direction anyway
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I invest in this new IEO on: May 12, 2020, 04:13:12 PM
only if it is solid and famous exchange like binance. on binance every ieo make for it's participants profits. few times i read it is x3-5 in the start of trading. only those who have money can participate.
There is no guarantee that you will get returns all the time with IEOs in Binance. It is true that exchanges such as Binance and Huobi screen the IEOs very carefully before listing them. But then, market dynamics can also have a big impact on the future. So when you go for the investment, you need to craefully analyze all the factors about that particular project.
yeah you should understand that neither of exchanges does not take responsibility for listed IEOs
I mean they partially do, but its not that crucial for them if one or two projects could be a disaster
19  Economy / Economics / Re: The drying oil on: May 01, 2020, 08:11:35 AM
The prices will probably not rebound that well at all, not just any time soon but never. We are at the break of a new dawn where oil is not needed as much as it used to, there are still ways that oil could be used but that is getting smaller and smaller, one day we will no longer need it at all. That is why I could understand why the price may never rebound. Definitely with the inflation and all when a gum is worth over a dollar, the price of oil will be where it was one day, maybe in a decade maybe longer but at the same time we are talking about other stuff taking its place.

I feel like maybe the oil price could be 20 bucks at max because at this point that is what it deserves, even if the lockdown is lifted there won't be all that much purchase for a long time.
There are chances that after pandemic is over oil will break the ceiling and will come back as trading leader.
I hope it will not happen and we'll slowly forget what oil is and will be all about renewable energy sources, but its hardly believable
20  Other / Off-topic / Re: What is your thought during ECQ on: April 24, 2020, 01:30:51 PM
During this pandemic,ECQ implemented.And im thinking its a great opportunity to learn many things that might interests you.As for me,im thinking too that this is the best time to bond with your family,with your loveones,have a quality time with one another.Also this pandemic that cause lockdown to many places all over the world,might teach  us an important lesson.😊
I was thinking if companies will meet some of the changes in positive way - simply by giving some of the tasks to remote workers.
This could lead to shift in economy, because most companies will try to find the cheapest remote worker and we all know they will search outside their homeland.
So only this could affect world economy and there are plenty more factors I personally don't see that could lead to economy shift.
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