I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline. Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
All the signs Around the World in all the countries are saying that we are heading towards a great crisis in economy sphere, going to come to all the countries, not on the particular ones that would be more or less developed.
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BoardEconomics
Re: Which cryptocurrency should I invest in, in 2018? Why?
by
Camorra Dev
on 13/08/2018, 16:37:11 UTC
Choose some of the top 10 that you can afford and you will not mess because top 10 is the trusted and tested cryptocurrencies that are always worth it to invest in. They will always stay on top, if not you will spot it.
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BoardEconomics
Re: Whats the ranking of bitcoin in terms of currency
You see, people were concerned about the price of $4,000 before bitcoin jumps to the sky, and we are now concerned about the price of six and a half thousand dollars, it's not right in my opinion. We all need to calmly and patiently wait.
My best suggestion is if you are having money to invest in go and invest right now, because in case of postponing that decision there is a big chance that you won't have that money or the price will be not affordable anymore.
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BoardEconomics
Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
I would better be aggregating and increasing my bitcoin amount on my wallet because I believe as well as many people here that bitcoin will be very big in the end of this year maybe in the next year $50,000
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BoardEconomics
Re: Why lot of countries do not allow to use Crpto?
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country. What do you think about that?
I was better think that some countries are concerned about the economy and they are thinking that bitcoin can harm this and also because we're not having any good example of Bitcoin country used it still.
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BoardEconomics
Re: Long term OIL
by
Camorra Dev
on 09/08/2018, 08:14:26 UTC
It is very strange to see that topic here on the forum which is dedicated to the cryptocurrency topic, lol. I'm wondering how the old cries would relate to the cryptocurrency and would we be able to buy oil for using our Bitcoins.
Is this beginning of the end of .com and tech bubbles ?
Everything is seems like we're heading towards a great economic destruction... The situation all around in all the areas of market is really unstable, something like a storm is approaching, and we cannot be ready for that...
This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.
Why it is so? Do not people believe in Bitcoin and it's bright future anymore? No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$
It is completely wrong to hold and I regret that I chose that strategy from the beginning of my cryptocurrency career, and so I would say that from that beginning I have earned almost nothing. I will try to trade now.
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BoardAltcoin Discussion
Re: Too many ICOs
by
Camorra Dev
on 08/08/2018, 08:46:12 UTC
We can consider this thing as a positive for us because there is no such thing as too many ICO projects because they are always representing something else and this is like the stock market when you're having so many companies to invest in.
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BoardAltcoin Discussion
Re: When a project don't hit their softcap , they don't distribute bounty tokens?
When a project don't hit their softcap , they don't distribute bounty tokens?
Most usually it is happening like that, and it is quite often as because first of all they are warning about that and for second they need to return money to investors so they don't have money actually to pay you.
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BoardBitcoin Discussion
Re: The Future of Bitcoin is the Community not the Government
by
Camorra Dev
on 07/08/2018, 16:24:48 UTC
Government cannot be the future of Bitcoin because it is decentralized and government is the one who rule, bitcoin is not having a specific institute, which would be ruling it. So it is definitely the community.
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Re: John McAfee’s ‘unhackable’ crypto-wallet allegedly hacked in a week
So you need to add a Clarifying words that will tell people what happened then. Because from the things I read in this article I understood that actually the cryptocurrency you was not hacked and the money for bounty was not paid
I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
Probably they are, but I think I've heard more news about cryptocurrency exchange hacked then about online or hardware wallet hacked. So theoretically it is more secure to keep your money on wallet.
I know I have responsibility for my money. It's my choice and I don't hate anybody, I just hate myself
Probably you need to understand and remember that money is the most renewable resource that we can have, and just try to start again with a brand new mindset that you can get from your loss that you have experienced.
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BoardBitcoin Discussion
Re: The future of CryptoCurrencies
by
Camorra Dev
on 03/08/2018, 19:54:38 UTC
For real time nobody knows what will be in the future. All of us are making only prediction of the price of the situation on the market. I really agree that cryptocurrency and you took knowledge is that help us in the future.
I bought a different kind of coins, especially fintech base. I sell them when their price grows, and put the money in bitcoin or ethereum. I repeat the process again.
It is very simple but very useful strategy for earning money. I am doing the same thing with the tokens that I get from Bounty campaigns and airdrops. It is really good to exchange them and hold ethereum.
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BoardBitcoin Discussion
Re: Chinese investor loses $400,000,000 in Bitcoin
How true really is this news? I am not convinced about this. $400,000,000 is a whole lot of money. But no matter what, I still will not blame the investor for deciding to hodl. He should even hodl more till Bitcoin bounces back fully.
I agree with you because I don't believe in that. Chinese investors are very smart people, so I don't think that they can make such a big mistake in the crypto world.
Icos look for bounty hunters to promote their project through the power of social media.Sometimes, some of these hunters also double as ico investors. But it looks like bounty hunters understand ICOs project and are able to determine very good projects before they invest because of their experiences in different projects.
Sometimes they do and it is a reason why a signature campaign is usually having so much allocating from other campaigns because it is directed to attract bounty hunters to the ICO investing, as it works with me.
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
it is quite hard to answer that question right now because we're not seeing any perspective model of how it would look like so even a prototype of that is not even existing right now.