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1
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Economy / Economics / Re: Is it better to save money or invest it?
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on: December 15, 2017, 08:36:45 AM
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
If you are interested in high profits you can invest online but this is the first risky market because wager to learn it before joining. |
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2
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Economy / Economics / Re: Crypto is an Asset or Currency?
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on: December 15, 2017, 08:29:29 AM
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I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
Depending on the opinion of each person and they will have their own perception of crypto, but I think all altcoin are currencies. |
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3
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Bitcoin / Bitcoin Discussion / Re: ♨♨♨ Top 10 Reasons To Sell Bitcoin Now ♨♨♨
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on: December 14, 2017, 01:05:44 AM
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What are your top reasons to sell bitcoin?
PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that
MY Top 10 Reasons To Sell:
1. The price is through the roof
2. There are already 1380 other crypto currencies
3. Anything on the internet is vulnerable to hackers
4. The fees are way too much to transfer funds
5. 1000 people control the addresses of 50% of the bitcoin
6. The unpredictability surrounding Futures and December 18th
7. It appears Bitcoin is near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes
These are the reasons some people think like you, but many people continue to buy and hold it for the reasons they think it can still pump. The past few days there was a lot of good news from wall street and major trading floors in the world that officially accepted the bitcoin and publicized it on their floor. I do not think it will dump in the future. |
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5
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Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really secure?
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on: December 14, 2017, 12:57:22 AM
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
I do not think the bitcoin is really safe and no altcoin is 100% safe. In the future there will be a person capable of hacking bitcoin. |
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7
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Economy / Economics / Re: Bitcoin Can Be A Savior!
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on: December 13, 2017, 06:11:13 AM
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There are a lot of people who think positive about bitcoin and they put so much hope into it. Do not expect too much because the future is unpredictable.
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8
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Economy / Economics / Re: Why people scam
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on: December 13, 2017, 06:09:45 AM
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Because they think this is the best way to make money, they think they can use words and earn a lot of money without putting their labor to create it.
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11
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Economy / Economics / Re: Difference of Trading and Investing?
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on: December 13, 2017, 06:00:40 AM
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Guys sorry for this question above but I would like to ask here that
What is the difference of Trading to Investing?
though I know that I can search it in google but I want an answer from those people who have already experienced this two.
Thank you.
I hope you can help me in my confusion..
Depending on the view of each person but with me trading very different. We are the one who controls our money and we are the ones who decide to sell it or buy it. |
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12
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Economy / Economics / Re: BTC as a national currency?
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on: December 13, 2017, 05:58:44 AM
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So as far as we know BTC currency is growing wide, do you think there will be when it become a national currency?If yes, why?If not, why?
No, I'm sure it could never be the currency of any country since its value always changes with the market so this certainly does not happen. |
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13
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Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ?
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on: December 13, 2017, 05:57:12 AM
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
I do not think it could collapse in 5-6 years as it has potential for at least another 10 years. But surely it will collapse in the future. |
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15
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Bitcoin / Bitcoin Discussion / Re: When you first know about bitcoin what was the price?
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on: December 07, 2017, 03:57:30 AM
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bitcoin price is know over $11714.95 and growing, share your knowledge/memory of the first time you know of the value of bitcoin was. My first time knowing bitcoin it was valued at $200+.  I first knew about bitcoin when it was worth $ 480 + and after a short period of several months worth it spiked and it was 1 year since I first learned about bitcoin and its value has increased nearly 30 times. |
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16
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Bitcoin / Bitcoin Discussion / Re: Will the high demand in BTC cause more supply of BTC someday?
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on: December 07, 2017, 03:51:48 AM
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Will the amount of bitcoins available forever remain 21 million BTCs? Many people are joining the Bitcoin bandwagon as days go by. Will there be a time when the 21 million BTCs won't be enough ? Any suggestions ?
Bitcoins are fixed and can not be added. If demand grows, nothing will happen no matter what happens beyond the high bitcoin value. People can still own small quantities. |
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18
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Economy / Economics / Re: Is bitcoin now the strongest currency in the world?
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on: December 05, 2017, 08:47:06 AM
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
True, at the moment bitcoin is the strongest and most valuable currency at the moment and as well as the most stable growth rate. |
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19
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Economy / Economics / Re: Best tip on saving money
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on: December 05, 2017, 08:43:07 AM
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If you want to save money you can turn your savings into any altcoin, then transfer it to a hard wallet and take it away after a certain time you take it out.
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