I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.

Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.

Example:

Profit for gold and silver for year 2016 is 12%.

Profit for gold and silver for year 2017 is 0%

Profit for gold and silver for year 2018 is 8%

Profit for gold and silver for year 2019 is 16%

So average profit for 4 years is +9%

How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??

Recently we've seen the bloodbath in crypto market which is not so irregular in market place . But the question is also remaining, Is crypto gonna rise again Or like the haters are saying, Crypto will never rise  

I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme.

Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?}

The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles.

Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it.

How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about?

I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they

are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH,

and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this.

I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now.  

An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.

Is no longer news that various countries of the world are not in support of Bitcoin either as a means of payments or for trading purpose. This are been a challenges most Bitcoin users are facing throughout the countries of the world inexception of few countries.

I have begin to see it that maybe they are thinking that adoptions of Bitcoin might bring a partial collapse of the banking system and also a means of curbing money laundering.
So, let hear your views on what can be done to make our government realised the important of Bitcoin and Blockchain Technology.

I have 56 ETH, How much is my Profit in DEC 2018? I Expect 200K $, Give me your Best Guess.

UPDATE: NOW I HAVE 69 ETH.

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.

My friend just told me recently that he is leaving the bounty that we both joined last January. The ICO has been delayed many times and it is getting longer. He said that the longer the bounty period of an ICO, the fewer the coins that you will earn. So it is true based from your experience? Should I also leave or stay?

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.

My country Bangladesh.

Apologies if this is not the right place to discuss.
Thanks in advance.

Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).

Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!

What's the point of altcoins? Doesn't decentralization mean that everyone can join and work on the project regardless of anything? So why aren't some of the greatest minds, like Vitalik or Charles working on improving bitcoin? Why do we f!@#$ng have 1600 crypto currencies in the space? I only see ads with "hello we built this awesome currency that does this and does that" for what? We already have bitcoin! I know it's old and rusty, but that's why you develop, and that's why you rework.

I'm a developer myself. I have re-built my game from ground up three times now. Just because I wrote it badly, doesn't mean I have to release it and not put anything new because I'd completely break it. I'm sure there are workarounds, even if we have to fork the coin, and start from scratch.

But instead, we have groups of people who fork coins and state that they are doing something awesome, while they aren't. And we ended up with 169 different bitcoins, and 1400 other (bit)coins as well, which is really hurting my feelings.

And now we even have companies like bitmain, who, in my honest opinion have completely destroyed the whole concept of decentralization.

My take on all this fuss is that, crypto is in a really bad position. Don't get me wrong. The technology IS revolutionary. It's just that humanity is just not ready yet for such a thing, as greed and selfishness are still ruling our realms.

And by the looks of it, I don't think humanity will ever be ready for this.

It's all about the fucking money. And if someone tells me otherwise, I'm sorry but I'd really slap him.

Thanks for reading!

Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.

This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.

I know some of you would wonder what this topic is doing here, in the Economics section, but since it is in fact an economic question with purely utilitarian goals in mind, I think it is where it should be. This is a serious question and I'm not kidding. I'm not very interested in European languages like German or French, or whatever, as I think languages like Chinese and Japanese are more promising and rewarding in terms of both usage and money in the nearest future. Personally, I'm more inclined toward Japanese (that's why I'm not decided yet), though I understand that Chinese may be a better choice for the time being and years to come

So what is your opinion on this matter from an economic point of view, with crypto in mind?

Yesterday I red 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.....

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion