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61  Economy / Economics / Re: Which form of investment has highest ROI? on: August 26, 2018, 09:28:40 PM
We knows that the crypto currency investment can give us lot of profits even in short time but this is very new there are lot of invesments like real estate,gold,mutual funds silent partner in businesses and lot more but what you think which has highest ROI in short term other than crypto invesments.

My opinion is that real estate can be that one,since my grandfather used to be like buying and selling the lands and made tons of money in his life time but I didn't do that such kind of traditional invetment.

You should be looking at risk-adjusted return on investment, not just plain old return on investment. Plus if you are looking at RoI in the short term, real estate may not be the best bet. It is an illiquid asset and if you are stuck in a rut, it could be a long time before you find a buyer. All assets may be volatile in the short term due to unfavourable market conditions.
62  Economy / Economics / Re: why the state does not print a lot of money? on: August 26, 2018, 07:12:43 PM
If more currencies were printed then it will causes the inflation and devaluation among the international value of your currency at the end it will be the same value as before with more volume but the same capital in terms of some standard unit.

It is not printing of currencies which leads to inflation, it is printing too much money which leads to inflation. As a country's economy expands, its money supply has to expand as well. This is a function of the central bank - to make sure that the money circulating in the economy is adequate. Unfortunately, they don't do their jobs well.
63  Bitcoin / Press / Re: [2018-08-25] Google Searches for ‘Bitcoin Price’ Sink to Three-Year Low on: August 26, 2018, 06:07:15 PM
Maybe people have learned to actually use bookmarks? Roll Eyes Pointless typing the same thing into google when there are plenty of sites and exchanges you can use for this. There's also apps that can notify you of changes in value which you can even customize yourself. The coinbase app allows this and is quite useful.

It is the new users who drive up adoption and drive up the price. These people wouldn't really have bookmarked stuff on Bitcoin. Actually, when Bitcoin is in a bull rally, there is a virtuous cycle - the increase in price attracts new users. Right now, that definitely is not happening.
64  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: August 25, 2018, 10:20:05 PM
1-1 Wolves - City.

IMO Wolves deserved the point for the amazing defensive display today, despite that small error in Laporte's goal, they were absolutely incredible in the entire match, you know you're doing something good when you have City playing long balls, first half was like that, Wolves completely nullified Mendy, a guy who has been key in the last two games for Pep's team. City was a bit unlucky (a few shots that hit the woodwork, and that free kick from Aguero in the last minute!), but still, great work by Wolverhampton.

I bet this draw against the almighty Manchester City feels like a major win to Wolves fans.

In terms of reputation, the Wolves are definitely underdogs and should be happy to get a point against Manchester City. But the way, the match panned out, I think it is Manchester City who should be happy with the point. You should remember that the score at half time was 0-0 and it is the Wolves who took the lead in this match.
65  Bitcoin / Press / Re: [2018-08-23] Banks Consume Over Three Times More Energy than Bitcoin, Research on: August 25, 2018, 09:19:21 PM
Bitcoin’s network energy consumption has become somewhat of a hot topic as the cryptocurrency grows in popularity. A clean energy researcher, however, says that naysayers are missing critical factors when making their claims.

HAVING THE WRONG CONVERSATION

According to Katrina Kelly-Pitou, the popular debate on whether or not Bitcoin’s network electricity consumption is causing serious damage to our climate is not headed in the right direction. Kelly-Pitou is a clean energy technology researcher at the University of Pittsburg,

Citing recent studies, which suggest Bitcoin dramatically increases the consumption of electricity on a global scale, Kelly-Pitou claims that experts are failing to understand some of the basics behind renewable energy systems:

Quote
Electricity production can increase while still maintaining a minimal impact on the environment. Rather than focusing on how much energy Bitcoin uses, the discussion should center around who indeed is producing it – and where their power comes from.

While she doesn’t neglect the substantial amount of electricity used for Bitcoin mining, she also notes that banking alone consumes “an estimated 100 terawatts.”

This is a little bit more than three times the energy Bitcoin mining consumes. She also makes an interesting claim, assuming 100x increase in Bitcoin’s current market size. Kelly-Pitou notes:

Quote
If Bitcoin technology were to mature by more than 100 times its current market size, it would still equal only 2 percent of all energy consumption.

Read more: https://bitcoinist.com/banks-consume-energy-bitcoin/

It is kind of misleading to compare the electricity consumption of the Bitcoin network to banks. Banks perform a function which is vastly greater than verify a ledger and update it. Banks facilitate trade transactions, provide credit, take deposits from customers... They are the backbone of today's financial network.
66  Economy / Economics / Re: What happens to Crypto when normal stockmarket collapses?? on: August 24, 2018, 08:18:54 PM
HSBC sent an alert that there may be an imminent crash of stockmarket similar to 1987 Black Monday

https://www.rt.com/business/362618-stock-market-severe-fall/

If this happens again, what's everyones opinion on the effects on crypto? Would a bunch of burnt investors jump on board?

All these burnt investors will turn to T bills or gold. When the stock market collapses, risk aversion takes hold. People tend to sell risky assets and cryptocurrencies are definitely considered risky assets. So don’t be surprised if an equity crash is followed by a crypto crash.
67  Economy / Economics / Re: Gold & Silver are safe than bank deposits ?? on: August 24, 2018, 11:10:21 AM
precisely bank deposits are safer compared to gold and silver, because at least when we deposit at a bank there is a legal umbrella that protects our funds from various forms of crime such as theft and reimbursement if the bank experiences a disaster, different if we buy gold and silver and store it alone of course all forms of risk are also borne by themselves

Millions of people continue to hold wealth in the form of gold. People are ready to safeguard their gold and take responsibility if it does get stolen. It is better to be in charge of your own destiny rather than leave it to banks. It is the same reason why people hold cryptocurrencies
68  Economy / Economics / Re: Should there be a tax on capital gains? on: August 22, 2018, 05:51:05 AM
According to my opinion, I think It's income and should be taxed. There should be a tax on capital gains because it's income and the current law is that people pay taxes on their income. If we want to debate or reform that policy, perhaps we should, but then it should be targeted at all kinds of income taxes, not just capital gains taxes. Getting rid of capital gains taxes by themselves is simply a way to cut taxes on the rich, because the rich make more money through capital gains than poor people do.

What is your thought on this matter?

There are actually 2 questions here - should people be taxed on capital gains and (if the answer to the first question is yes) what should be the rate of tax on capital gains. Most countries tax capital gains, but tax them at a lower rate than income. The reasons are two fold - one is that capital gains are made after investing income which has already been taxed. The second is to provide an incentive to people to invest, rather than spend their money.
69  Bitcoin / Press / Re: [2018-08-20] SEC Faces Thursday Deadline for ProShares Bitcoin ETF Decision on: August 22, 2018, 05:27:29 AM
Seriously, if the SEC isn't in the mood to approve the VanEck ETF (which by far is the most solid proposal), others stand no chance at all.

It's time to say goodbye to the ETF speculation and focus on other things. We'll definitely get an ETF at some point, but not in the coming few years, that's clear. It seems that the SEC for now just can't handle the fact that the majority of the trading volumes, and directly the main source of demand, is coming from Asian exchanges not being complient with US laws.

We need the market to calm down and let it bottom out properly, because there clearly is still way too much bull run speculation.


Yes, the expected decision would be for the SEC to reject it. The SEC could do well to issue some guidelines on what ETFs are a strict no in its current views, and then revise those guidelines periodically. It would make sense for the SEC to announce that they are not going to accept crypto ETFs, rather than reject them one at a time.
70  Economy / Economics / Re: Be greedy when others are fearful... on: August 19, 2018, 03:13:06 PM
Yes, I am always expecting and greedy waiting for the market to grow again

greedy is actually good in the crypto world, because in the crypto world it is different from the real world, especially at this time in the crypto world there are ongoing problems, and it is difficult to understand by various people

Greed is good in the regular world too. Greed is the force behind capitalism, the "invisible hand" of the market. As we have seen, capitalism is the most successful type of economy of the world today.
In the crypto world, greed is good too. The only problem comes when "less-intelligent" investors get carried away and invest a lot in Bitcoin.
71  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: August 19, 2018, 02:49:47 PM
i guess i was right halftime is yet to end and Man City is already 3goals ahead they are just too strong for Huddersfield, only City that benches Sane and Sterling and lose De Bruyne to injury and still scoring 3 goals in just the first half i guess in second half we will see more goals atleast from the ones coming from the bench to show themselves worthy to start in every game.

The match ended with 7 goals scored - people expected Manchester City to dominate, but this was truly exceptional. Huddersfield were really outplayed in this match. They really couldn't wait for this match to end. Agüero would have been pretty happy, picking up three goals.
72  Economy / Speculation / Re: Is Bitcoin a bubble? on: August 19, 2018, 02:20:10 PM
if it had been a bubble it would have bursted a long time back.its survival inspite of the fluctuation shows it not being a bubble.it is just settling in the economy with a lot ofstruggle

Some people might think that the cryptocurrency bubble has already burst. Bitcoin has lost 70% of its value, other cryptocurrencies have lost 90-95% of their value. Bitcoin is definitely surviving, but it is a pale shadow of its 2017 value, in terms of price.
73  Economy / Economics / Re: What will you do with the current market? on: August 19, 2018, 01:59:31 PM
If i have the money now i would still invest in bitcoin, there are some possibilities that the price will go up to 10.000$ by the end of this year and I'm really positive about it.

Why would you take the chance and lose your money, based on a possibility? There is a chance that you will make money, but you should not exceed your ideal portfolio allocation. The process of analysing and making an investment must be correct, otherwise we will be no different from gamblers who strike it rich, even if we make money.
74  Bitcoin / Press / Re: [2018-08-14] Binance Denies 400 BTC Listing Quote on: August 19, 2018, 05:49:09 AM
I do believe that Bitcoin charges to get coins listed. They are not very public about the listing fee as well. They may claim to have listed ETH/NEO/XRP without fees. But these are very big coins and it would be Binance's loss if they don't list them. I am sure that they try to extort as much as possible where smaller coins are concerned.
75  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: August 18, 2018, 05:34:55 PM
I think today match wont be much goals, so taking first half draw in most match will give good profit.

West Ham vs Bournemouth - under 2.5 goal and first half draw, both team to make goal (BTTS) - NO

Tottenham vs Fulham  -  BTTS - No. Over 2.5 goal and first half go for over 1.5 goal.

Chelsea vs Arsenal - BTTS - YES,  Under 2.5 goal.

This are pre match bets for today and some bets will be on inplay live match.

Chelsea vs Arsenal - there have been 4 goals in the first half. This definitely didn't turn out to be a low scoring affair. Sorry about that!
Chelsea quickly took the lead in this match and extended it to 2-0 within 20 minutes. They would be surprised that they went into halftime at 2-2, with Arsenal fighting back.
76  Economy / Speculation / Re: Bitcoin is 'capped' at 20k maximum now, because of high Fees (till when?) on: August 18, 2018, 05:17:09 PM
Prices went up to $20k. Fees went up as well. It is not sufficient to conclude that one was the cause of the other.
Fees may go up without the price going up blindly. Conversely, the price might go up and fees may remain low. The only thing which impact fees is the transaction backlog. So the conclusion that Bitcoin's maximum price capped is wrong.
77  Economy / Economics / Re: Why not just a parallel Bitcoin economy? on: August 18, 2018, 03:41:35 PM
If a parallel economy starts developing in Bitcoin, you can be sure that governments will get together to crush it. Governments across the world have been using banks to crackdown on the proceeds of crime and are trying to minimize the use of cash. If a parallel Bitcoin economy develops, you can't be sure that criminals would gravitate towards it too.
78  Bitcoin / Legal / Re: SEC plays with ETF! on: August 12, 2018, 07:21:32 PM
All this means that we have not reached the bottom of 2018  Sad
Do you mean levels below $ 5500 ?, It is not expected to happen.

About three weeks ago, "before the news about Khalid," the price was around $ 6,200, after which the price plummeted to $ 8000 due to optimism and then returned to the same levels after the postponement decision.

So it will be repeated until the decision to reject or accept "which leads to a rise above $ 8000 or fall below $ 6000" in the short-term only.

In the long-term: the price will recover and start to rise again to over $ 10,000, especially if the lightning network is activated but the real question is when?

ETF or others are the reasons that lead to increases in the short-term only.

If you're afraid of the price, the real trader knows how to gain from both falling and rising "you could earn $ 2000 from last week."


You are too fixated about the price. The ETF is just one of the factors influencing the price. I agree that if an ETF is approved, it could result in a lot of money flowing into Bitcoin. But you have multiple other factors, including debates within the bitcoin community, whales selling, Trump unsettling global markets, etc.
79  Economy / Economics / Re: Global financial crisis on: August 12, 2018, 06:49:27 PM
Bitcoin, being an independent asset would definitely be considered a safe haven within times of economic crisis, imo. I expect it to even outperform gold, come a hyperinflation like we're seeing in Venezuela right now. It will definitely hold its value as well during a recession, at least much better than certain currencies and properties/stocks, if those collapse as a result.

Bitcoin is not quite there, in my opinion. Most people tend to treat Bitcoin as an extremely risky asset class, not like a safe haven assets. At the sign of the slightest turmoil in financial markets, investors sell Bitcoin and move to safe haven assets. So in a recession, I would expect Bitcoin to crash as well.
80  Bitcoin / Press / Re: [2018-08-11] Bitcoin Eclipses 50% Crypto Market Dominance First Time Since Dec on: August 12, 2018, 07:19:21 AM
Bitcoin has long been at the forefront of the crypto industry; and it seems with the market’s most recent move downwards, Bitcoin’s dominance over the rest of the market may continue, or at least for a little while longer.
Full article on NewsBTC

This is good news. It means that the ICO bubble is finally bursting. People won't be able to raise millions of dollars just by publishing a white paper and doing some marketing. Sanity finally returns to the crypto space.
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