I think it will take 3 to 4 years before it will recover from this bearish trend. This price trend is been alarming for almost a year in this 2018.
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BoardAltcoin Discussion
Re: Now is the time to buy!
by
Dodongbtc111
on 12/09/2018, 19:40:56 UTC
Every decrease of price we say that it is the right time to buy since the price is low but now I'm not sure already. Like in ethereum we have thought thatthe its price will only be the lowest it will achieve but sad to say it has fall deeper now.
why people are crazy for crypto ,they leaving their job, they selling their house , selling their property?
This is so crazy. Selling your properties for an all in investment is very crazy idea. I don't know where will it go but I think that it is a very ridiculous idea regarding an investments.
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BoardEconomics
Re: Success of an investment may not be true to all?
by
Dodongbtc111
on 12/09/2018, 10:47:39 UTC
Well yes, it's been a while since I have joined cryptocurrency but I still don't have a huge achievement regarding it's profit gain. So luck is always one we need to consider.
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BoardEconomics
Re: What should we focus on more? Demand or Supply?
by
Dodongbtc111
on 11/09/2018, 20:39:40 UTC
Both of this well work together in a certain economy. We all know that as demand works out supply well also work. This way this two are both important things in economy.
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BoardEconomics
Re: Why all people moan about the price of bitcoin?
by
Dodongbtc111
on 11/09/2018, 10:41:34 UTC
It is quite simple. I think this is due to large losses where in they could not handle the losses and want to bark hard so that they could ease their emotions.
Do you think Bitcoin still on the rise in terms of market capitalization ?
For now bitcoin volume become stagnant. Base on what I heard only a small portion is indeed for external use compared to invest for trading and holding.
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BoardEconomics
Re: Beside Cryptocurrenices where would you invest?
A lot of people now days jumping and investing in the cryptocurrency industry. If you are not investing in crypto, where do you else invest? Property ? normal crowdfunding? give your input
For me the second best investment will be real state. Every year real state value is increasing. You don't have to worry about the prices since it will not decrease.
I have checked the latest active bounties on bountylord.com and found many of them but only few are rated as 3 or 4 so any of you here working for any of those bounties listed there and found it trusted source of earning stakes/tokens/coins... I want to do the twitter campaign...
Bitcoin furom and altcoin discussion right now has alot if bounties they offer. I think that this is good chance for us to make a better choice. In my opinion looking for a good bounties needs time and through research.
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BoardEconomics
Re: The new economic crisis is the transition to crypto.
To date, the economic situation in many countries is in critical condition. Can the next financial and economic crisis be a transition to global use of crypto currency in international settlements?
Well, it all depends on the country. If a country really does depend on the global trade then if you are among this people then you can just make crypto as the transition for you to transfer your savings into it.
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BoardEconomics
Re: How can we make this world economically better?
by
Dodongbtc111
on 03/09/2018, 01:30:41 UTC
I think making cryptocurrency economically better needs the cooperation of everyone who is involved in it. Also we need to promote in a positive way to convince more people to join in.
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes. Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such. Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to. Taxes helps in :
Paying the salary of government employees Making of roads Public schools Parks run by the government Maintenance fees Making government hospitals Making high schools ... The list is endless
We all use all these services at one part of the life or other therefore we can just consider it a little payment for that . People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.
It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.
Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.
Yes mate, it is our full obligations to pay taxes to have a better living. The more tax a place have the more potential it could rise and become a place where in we could see a huge development.
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BoardEconomics
Re: Bitcoin futures and market price
by
Dodongbtc111
on 02/09/2018, 11:27:57 UTC
Bitcoin might be in a bad shape at the present but according to many speculation its price might surpass its all time high and break to 20k$ mark this year or might be later.
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Spending time on bitcoin is worth it. Many have become rich due to bitcoins investment. We can't deny that it has already change alot of life and also we could try our luck to be one of them.
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BoardEconomics
Re: Crypto replacing fiat?
by
Dodongbtc111
on 30/08/2018, 20:08:40 UTC
Not yet, it is too early to say that. From the market struggle we could see it would take time before people will fully accept crypto but I think if crypto could build more trust to people then maybe such time could happen.
Whether ETH can fall to the price of $ 70 for now or bounce up, seen when btc rises eth does not rise but when the btc drops eth it decreases too, whether it is possible or not
I think eth price won't go down below 200$ mark. There is a huge resistance their which have made a solid price. If you see right now it has slowly recovering with BTC price increase. If this will continue then the price will surely hit the peak again.
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BoardAltcoin Discussion
Re: Lower circulating supply of tokens, It is good or bad?
With many ICO's not selling so much of their tokens or not reaching the hard cap, many of these token's price always plummeted after entering the exchange. With the excess tokens that are not sold during the ICO are being burned, it is really possible that a fewer circulating supply of tokens will make it rarer thus it is more valuable? More valuable meaning pricier thus each holder of token will get more from what they bought? Or it is actually the opposite? What is your opinion about?
Please don't hate me for my thinking. If you know that I'm wrong, please correct me.
Yes, most probably you could gain a better price from it if the project team would decide to burn out the token that is not sold. From my knowledge locking out of time from the team side is also a good reason for the token to have more value.
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BoardEconomics
Re: Is wallet security important to use?
by
Dodongbtc111
on 28/08/2018, 13:28:47 UTC
Yes ofcourse, having this is very important since security must be emphasize. Having a wallet security can reduce the risk of being hacked and avoid any lapses that could tend to losses.
Collapse definition: Market Cap less than 150 Billion
Yes or No
I say YES
I didnt want to say yes but there is not much light in the tunnel.
I don't agree with it. 150 billion is not a small amount. We say that this number is more likely not a number if a collapsing market. We may not be able to clearly tell the under current situation behind this market but I believe that this will fully recover sooner or later.
Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?
The most important aspect for me about a good exchange is the volume. The more people in that exchange the more benefits we could take. Since it could mostly give rise of the coins price in that way.