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521  Economy / Speculation / Re: Those who sold bitcoin are in for a big loss on: June 07, 2018, 09:53:39 AM
If you really need some emergency cash and the only option left is your bitcoin, why not sell it? Bitcoin is not only for investment purposes you can also use it any emergency needs converting it to cash so it is not a big loss but a big help. I usually sell bitcoin when its price is high when it seem already reach its limit in uptrend then wait for the market to go down more before buying to avoid possible losses.
522  Bitcoin / Bitcoin Discussion / Re: Bitcoin will get legitimacy in all countries? on: June 07, 2018, 09:38:56 AM
Hi guys

Can Crypto get big enough that it would be used to fund political campaigns and totally influence the way we make decisions in broader aspects of government?


That is a big possibilty if a country decided to legalized bitcoin and become one of their legal tender. Once the bitcoin became a widely currency in that country, their politician will also start using it to fund their party or election campaigns. They can also use the bitcoin to influence people, fund rallies and even the lobbyists in congress. And if the government won't impose a regulation on the crypto exchanges that operating in their area, some will use bitcoin illegally like money laundering. That money laundering can also use to fund some politicians and their party organizations.
523  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why hold ethereum on: June 06, 2018, 08:28:37 AM
Ethereum will continue to be one of the most profitable coin in the cryptocurrency market because of its features and technology. More developers are also choosing the ethereum platform for their upcoming applications. As more apps are built under its platform, ethereum price will continue to rise in the coming days or months and it this is one of the reason why it is better to hold ethereum for its long term growth.
524  Economy / Trading Discussion / Re: Is the risk necessary to make a big profit? on: June 05, 2018, 01:44:16 PM
I agree with that saying "no risk, no rewards" or "the higher the risk, the higher the gains." So we must all risk-takers in order to get a reward from investing in a cryptocurrency. Those risks can also lessen if we educated risk-takers or those who knows how to manage risks. Even the experienced trader or investor can't avoid making a loss or dealing with risk in cryptocurrency but experiences taught them how to minimize loss in trading or investment.
525  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Invest in ETH or ETC? on: June 05, 2018, 01:26:45 PM
I will invest in that two cryptocurrencies because they are both potentials especially in long term. My investment would be 60% for ethereum and 40% for ETC. But if I'm going all-in in investment, ethereum would be my choice. Ethereum has a promising future because many applications are now based on its platform and expect this to swell over the next few years.
526  Economy / Economics / Re: A coin issued by some country government - would you go for it? on: June 05, 2018, 10:50:56 AM
Any government-issued coin or token will not be decentralized and is subject to control by their central bank. It will be the same like their national currency or fiat and the only difference is being a virtual currency. It's better to stick on the real blockchain-based and decentralized cryptocurrencies where no one is controlling it.
527  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: June 05, 2018, 10:31:31 AM
If a country with troubled economy doesn't ban bitcoin and other cryptocurrency, it will be useful and helpful for its people and its business sector. Allowing bitcoin to be use in any online transactions will help many people to alleviate their financial needs while the economy is in shambles. But if that government decided to ban bitcoin and other cryptocurrency, people will find other ways to buy and use bitcoin.
528  Bitcoin / Bitcoin Discussion / Re: Why do we need to regulate digital money on: June 03, 2018, 12:32:05 PM
Regulating cryptocurrency is not possible because it is decentralized but regulating the transactions in the cryptocurrency exchanges is possible and some governments have already imposed this kind of rules. The aim of regulation is to protect the bitcoin users from any scams that involved bitcoin and other cryptocurrencies and prevent some people in using it from any illegal acts. But it is impossible to prevent some bad elements in using bitcoin in their illegal business so the government will monitor the flow of virtual currency instead.
529  Economy / Speculation / Re: Do you think bitcoin has hit its peak? on: June 03, 2018, 11:12:24 AM
Hey all, I was just wondering your opinions on whether bitcoin has hit its peak already at around $20,000 or if you think it will break even higher in the future? I know there’s been bitcoin retraces of up to 80% before before it has risen a load again but I’m not sure that bitcoin hasn’t got the functionality that the price suggests.


The highest peak price of the bitcoin is not yet hit and I think it will reach more all-time high before hitting the peak. But it will take more years before bitcoin reach its peak. The $20k last year can be surpass if bitcoin begin it s bullrun again but it is hard to predict when will that happen again. Bitcoin is capable to go beyond that $20k level but it will depend on factors that may come along the way.
530  Economy / Economics / Re: The Future of Cryptocurrency on: June 03, 2018, 08:05:58 AM
The future is promising because there will be more coins with improved features and technology in the market. The use of Blockchain technology will be more widespread because many businesses, health, agriculture, utilities, government institutions and others will adopt it to improve their services. Crypocurrencies will also lead in cashless transactions and other financial services.
531  Economy / Trading Discussion / Re: What is your best HODL in this Red Zone? on: June 02, 2018, 11:14:03 AM
Market dip always happen from time to time then followed by price uptrend. All coins experienced this kind of situation and still the best answer when the market is in red is hodl your crypto rather than join the panic sellers. Bitccoin and ethereum remains to be the hodl for me during market because I've proven it already. There is still a lot of coins that are good for hodling like the top ten coins in the coinmarketcap.
532  Economy / Economics / Re: Will governments create their own cryptocurrency that will replace fiat? on: June 01, 2018, 01:13:40 PM
Some governments have already issued their own cryptocurrency to raise fund for their economy or for faster governmental transactions. This government-made cryptocurrency will likely a centralized one instead of decentralized system to control or monitor the flow of transactions. It's already happening now and there is no need to wait that hundred years time frame.
533  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin or ETH for long term on: May 31, 2018, 01:33:12 PM
Hey all.

I am confused about these two (BTC and ETH), which one is best to invest/hold for long term ?? How much time I should hold from these two?? Price is going up now a days, what is the best time to buy ? I should wait for buy right now ?

Do your own research on that two cryptocurrencies first and then decide which one of the coins is best to hold or invest. Both coins have been proven by means of their ability to  recover and grow especially for long term.
The right time to buy is still during the dip not on uptrend or on a hyped rise.
534  Economy / Speculation / Re: Bitcoin Price Prediction 2018: Will Bitcoin Crash or Rise? on: May 31, 2018, 01:10:56 PM
Just like in the past years of bitcoin, its price will suffer dips or corrections, and recovers again. Many investors and crypto analysts have varied speculations like bitcoin can't repeat what it accomplished last year and that bitcoin growth this year will be mild and it may not reach another all-time high. Such prediction or speculation will remain to be seen and no one know what will really happen in the coming days.
535  Economy / Speculation / Re: Will BTC again Fall down at 7k?! on: May 29, 2018, 07:02:51 AM
The price of the bitcoin is still going down and might break another support level. The accumulation continues and if this drowntrend continues, some panic selling might happen again. Some well-known analysts predicts that bitcoin would bounce next week and there might be a mini bullrun but it will be short.   
536  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: May 29, 2018, 06:22:51 AM
To help the economy of a troubled country, here must be a widespread use of bitcoin or any cryptocurrency. Some countries are already creating their own coin like Venezuela but its benefit is yet to be felt. Virtual currencies are volatile and many holders and investors might be affected if the price go down suddenly and if the price continue to fall, it will also negatively affect the economy.
537  Economy / Economics / Re: Bitcoin - Can it boost or break a countries economy? on: May 28, 2018, 04:52:08 AM
Bitcoin will only affect the economy of a country if it became a legal tender and use by majority of its merchants and citizens. But many governments are still reluctant to accept it because of its high volatility, rapid fluctuation and its being a decentralized virtual currency. The sudden drop of bitcoin may affect them financially and economically.
538  Alternate cryptocurrencies / Altcoin Discussion / Re: I lost half of my crypto amount! what to do? on: May 28, 2018, 02:50:57 AM
Holding a coin is still one of the best strategies in cryptocurrency investment because this give you time to recover your losses. Because this is long term, you need enough patience for waiting for your investment to grow rather than selling your coins at a loss. In trading, you should also learn how to control your emotions to avoid further mistakes in the future.
539  Bitcoin / Bitcoin Discussion / Re: Why Goverment is not recommending to use digital currency such a bitcoin? on: May 27, 2018, 06:26:05 AM
Yesterday I read an article regarding digital currency. The article aim to discourage us in using digital currency as these currency is not recognize by our country monetary institution. What do you think is the reason why  other governments are discouraging its citizen to use digital currency? Any thoughts.....

Many of these governments have no plan to endorse nor recommend bitcoin or any cryptocurrencies to their people for many reasons but most of all their inability to overcome decentralization and control it. Few governments are also planning to issue their own cryptocurrency and they will recommend it to their people to use it instead of bitcoin or any other existing virtual currency.
540  Bitcoin / Bitcoin Discussion / Re: Bitcoin acceptance on: May 27, 2018, 06:10:36 AM
Most local online stores and some several offline shops are accepting bitcoins as a payment here in my country. But most of the people that invested in bitcoin convert it to local currency because the use of cryptocurrency is not yet widespread. Bitcoin's rapid price fluctuation might be a problem for some stores and this is the reason why bitcoin is not yet widely accepted for any transactions.
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