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Showing 20 of 664 results by Basmic
Even there is no people who can knows what will happen in the future, but we can expect something in the future, so for me I expect that the year 2019 is the golden year for the cryptos because I expect that the price of all coins in the crypto world will be multiply since the price of those coins are not good in the year 2018.
That's funny. Why should the price rise? At the moment I do not see any prerequisites for this. It seems to me that the price can only grow for a short time if it will be beneficial for the whales to increase the popularity of cryptocurrencies. And the main task is to buy most of the coins at the lowest possible price. The main trading volumes go past exchanges so we will never know the real demand for cryptocurrencies.I'm wondering why the Ethereum support group is interested In the bitcoin dump? You have enough problems of their own? Look at the prices and profitability of ETH mining. If the acne will bring your idea of switching to POS until the end of the ETH have nothing to save. Think about it.
The creation of quantum computers can have negative consequences for the blockchain. It is unknown who was the first to create this technology. If it falls into the hands of criminals then they will have the opportunity to break the network blockchain. But it won't be soon. I do not believe those who promise the rapid introduction of such technologies.
And I believe that bitcoin will drop more, the entire market capitalization is falling rapidly. I do not know when this stopped. But I'm keeping a bit of bitcoin and I hope it goes up as late as last year.
It seems to me that the goal of whales is achieved. The cryptocurrency market is dominated by decadent sentiment. This means that they will be able to buy a lot of coins at a low price. Now you need to know exactly how many coins they want to buy. When they reach their goal they will leave the stock exchange and the price will go up rapidly. But when this happens no one knows. Maybe it will take a few years.Re: [2018-06-20] Will bitcoin recover? Will BTC go back to $10,000?
I think people only see what they want to see. I do not see a stable trend to the growth of bitcoin prices. There are fluctuations that are not systemic. The price of bitcoin should reach $ 10,000. Only after that it will be possible to say that bitcoin is on the way to recovery.
I guess your country is Bangladesh or India. In these circumstances the crypto exchange markets will go away into the dark internet. You can to use VPN, TOR or other anonymizers to make a transactions. To be honest, it is difficult to ban the crypto currencies from the technical side. The government of your country don't know how to control this market, and they did a mistake, I think.
How can vpn help you? Perhaps you don't understand the problem? You can make transactions in cryptocurrency but what next? In order to sell cryptocurrency for Fiat you need to be able to receive payments to a Bank account or card. In countries where cryptocurrencies are prohibited, this is impossible. How can vpn help you with this?The economy is the basis of our life. But to study it is necessary only for those who want to achieve in this life something more. Most people go with the flow. They don't feel part of the system. They believe that nothing can change. Why do such people need knowledge about the economy?
It seems to me that what you've earned is not your merit. In 2017, there was such a period. Then all earned. Show your skills this year. If you're in this year earned on the investment of 80% of the profits I will say that you are the master.Lol!
Re: You’ll Someday Manufacture Anything You Want and Governments Will Not Stop You
I am interested in the title in the thread. no need to wait long, even now you can produce whatever you want, as long as it is good and does not harm others, the government will support you.
Each person has their own concepts about the dangers of products. I can produce a machine that can kill a man but can save someone's life. You can make food supplements that make food taste better but after a while will kill a lot of people. By what criteria does the government determine the degree of danger of production?My advice is the same as everyone else to be patient. But this is not enough to be happy with bitcoins. The holding's strategy cannot be basic. These coins are only your Foundation for the future. But we have to live now. We need to look for ways to earn bitcoins for everyday life. For this I use trading. Perhaps in the future there will be other ways but you need to have certain skills.
Re: Germany gives tax exemption for bitcoin exchange operators
Germany sees bitcoin as a currency, equivalent to legal means of payment, an alternative to fiat and an acceptable mode of payment. They will not tax the person who buys coffee using bitcoin. More interestingly, they are not to tax bitcoin Exchange operators who are using their name or act as intermediaries for buying and selling bitcoin. Not included in this exemptions though are exchanges that operate as a technical marketplace.
This actually is the evidence that bitcoin can be regarded as a currency, not as an asset wherein every mkve you make using it you will be taxed. If only more countries will accept bitcoin as payment then it will really level up how people look at bitcoin.
Source: https://www.coindesk.com/germany-considers-crypto-legal-equivalent-to-fiat-for-tax-purposes/
This is quite a logical explanation. I think this clarification has not yet been approved. Banks will oppose this approach. They will blackmail governments and perhaps some of them will go bankrupt. This could force the government to abandon such an idea and return to accepting bitcoin as property.This actually is the evidence that bitcoin can be regarded as a currency, not as an asset wherein every mkve you make using it you will be taxed. If only more countries will accept bitcoin as payment then it will really level up how people look at bitcoin.
Source: https://www.coindesk.com/germany-considers-crypto-legal-equivalent-to-fiat-for-tax-purposes/
Re: Why is the world economy is sliding down? And how bitcoin may help it?
what I see here is, bitcoin helps the economy of the people who use it. because they can get the benefits of bitcoin. so they can meet their daily needs and pay taxes on a regular basis. this indirectly reduces the burden of government work, but does not increase or improve the government's economy.
but before bitcoin helps them, they need to know and need to learn about bitcoin so they can use bitcoin to solve their financial problem. the world economy is sliding down because the government doesn't concern with their people live and they still corrupt in any aspects so they don't care about what is going on in their country. and if the government thinking about their people and do something to solve the economy in their country, I am sure that the economy on every country will be better and in that time, people which already learn bitcoin can take the benefits of bitcoin which is made more money so they can have another source income for their life.
This might sound ridiculous but there is a chance market cap isn't truly increasing.
What we may be seeing is a shift of market cap from fiat to crypto currencies. Crypto's rising market cap might better be described as a paradigm shift whereby wealth is shifting from traditional fiat currencies and the economies they represent. If the world's markets and economies are dwindling and growing less wealthy over time, that might be explained by the world's wealth being shifted into bitcoin instead.
What we may be seeing is bitcoin gaining value as people abandon the world's markets and fiat currencies and choose to pour their wealth into bitcoin/crypto, instead.
What we may be seeing is a shift of market cap from fiat to crypto currencies. Crypto's rising market cap might better be described as a paradigm shift whereby wealth is shifting from traditional fiat currencies and the economies they represent. If the world's markets and economies are dwindling and growing less wealthy over time, that might be explained by the world's wealth being shifted into bitcoin instead.
What we may be seeing is bitcoin gaining value as people abandon the world's markets and fiat currencies and choose to pour their wealth into bitcoin/crypto, instead.
Ahum, that still means the Total Marketcap of Crypto is increasing...
The market cap of a lot of things are increasing due to inflation, including the crypto market. Even if cryptocurrencies don't gain value, their dollar equivalent will keep growing due to the USD's inflation rate being higher than many cryptocurrency's.
The total world Market cap is directly related to the amount of value (Items, services, etc.) connected to it, which is growing as well.
So now I wonder what point you're trying to make..
It's only the banks which earn profits by lending our invested money as loans for interests.The only benefit which we could get is that our investment remains safe but not safe from deflation.
I don't know where you saw the deflation. All Fiat are experiencing inflationary pressures. Governments are constantly using emissions to pay for their mistakes in the economy with our money. I never keep my money in a Bank. This is not profitable from an economic point of view. Bitcoin is really the most effective tool for protecting our savings to date.Re: Do you think capital controls in China will impact bitcoin price?
I think that such actions of China will certainly affect the price of bitcoin. Only this will not have the effect that the Chinese government expects. Any repressive methods always cause opposition. The Chinese will hide their savings in bitcoins and withdraw them abroad. I think the price of bitcoin will rise.
Re: Turkey Will Repatriate All Gold From The US To Ditch The Dollar
How can this weaken the dollar? This remains the primary currency for trade between Nations. Dictator Erdogan came to power in Turkey. I think he wants to toughen the fight against European-minded Turks. This can be recognized as repression. To him not restricted access to gold, he took him to Turkey.
This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies. 
Banks are just for keep your money safe! 
You're right. But it's not the banks ' fault. The government decides on the issue. In government, have long been involved the whole clan. They hold on and fight among themselves for access to the Treasury. The mistakes they decide from the savings of ordinary people. That's the reason I never keep money in banks. Banks are just for keep your money safe! Re: Countries with weak economies can use cryptocurrency instead the dollars.
that would be a difficult prospect because the crypto currencies are still very volatile and that would spell further economic problems for a weak economy because noting in that country could be stable , the cost of an item would also have to be volatile for example if your using bitcoins and you bought an item for re-sale and the price for a bitcoin went up that would there fore mean that you would also have to amend the price of that item to reflect that increase. That would make absolutely no sense as you would have no idea exactly what your money is worth or what portion of goods it would pay for.
Why should the state use cryptocurrency? Fiat's money, too. Initially, Fiat has real value and any government has the opportunity to support this value. But the problem is that the government doesn't know how to run the economy. They are always spending more than they earn and compensate it at the expense of inflation. They cannot exist in a fair economy.I think it's not the main problem and reason,First of all governments can not control cryptocurrencies emission,despite the fact that usually there is limited supply and cryptocurrencies are making emission with mathematical algorithms and not by central administrators and central banks.So just imagine how much electricity do they need,For example let's get bitcoin,Bitcoin's energy usage is very hug(For example as I remember correctly in Iceland bitcoin miners used more electricity than citizens for their daily need in one year).This is a very complex issue and needs distinctive approaches,Special structures must consider every details to do something like this,new power-stations,Hydro station,solar energy,other alternative energy sources,etc.
I saw news from Turkey where two imams were fired because of investing in bitcoin and using it. For me it's a big mistery why islamic countries don't see cryptocurrencies as a normal and innovative phenomenon
I wasn't surprised. Recently, the Turkish Directorate of Religious Affairs (Diyanet) clarified that Bitcoins are not compatible with Islam. The reason being given was that Bitcoins are very prone to speculation.
Quote
Buying and selling virtual currencies is not compatible with religion at this time because of the fact that their valuation is open to speculation, they can be easily used in illegal activities like money laundering and they are not under the states audit and surveillance, Diyanet said, referring to a decision taken at a meeting last Friday.