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Showing 20 of 27 results by Yelosita
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Topic
Board Altcoin Discussion
Re: Waves Vs. Ethereum
by
Yelosita
on 16/09/2018, 12:39:24 UTC
waves platform were used by several projects last year, but problems arose when there were no competitive markets and even used their own exchanges and tidex

in contrast to the contract-smart from ethereum which began to become popular from many projects with variations in market with fragmatic volume, transparency and convenience and not focusing on a particular market makes eth superior in terms of the potential for platform development.
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Topic
Board Economics
Re: important point
by
Yelosita
on 15/08/2018, 15:50:16 UTC
in fact the fear of many countries in my opinion is a reason that they are able to fully control the financial activities of their own country in contrast to crypto's decentralized nature. if the blockchain principle is applied to many fields within a country, then many tasks are simplified and more effective and efficient, more on financial and trade activities
Maybe my opinion is a little different, because I see bitcoin as an asset / commodity, which is traded globally without ever stopping for a second. Bitcoin has shown its class as the most sought-after commodity, so that in just a few years it has been very well known as the stock market, forex trading, futures exchanges, etc. That has been around for tens or even hundreds of years.
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Topic
Board Economics
Re: Bitcoin becoming the sovereign currency
by
Yelosita
on 15/08/2018, 15:34:31 UTC
If I think it is very bridal, maybe if this bitcoin becomes the country's currency because every country now has its own currency that is not possible to be replaced by this bitcoin currency because this bitcoin currency is still very new and not widely known by the public
It is impossible to apply it to national currency because all this time there is its own currency in each country. But if it is a digital currency that unites the world, this "dream" can be realized, given that only a decade of bitcoin has been famous and used throughout the world, especially in countries that have fast internet, and the government accepts bitcoin.
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Topic
Board Economics
Re: If the government supports bitcoin instead of the existing currency.
by
Yelosita
on 14/08/2018, 15:29:57 UTC
At present only a few countries that accept crypto currency while other countries prefer to banded bitcoin. Bitcoin can be legal so in this world seems to be very difficult because there are still many countries that consider cypto could disrupt the stability of the economy.
The government is very careful in making decisions about bitcoin, because the government is worried about losing control over the circulation of money if bitcoin is legal, unlike fiat money which is under government control in this case the central bank as a policy maker. Fiat money is centralized while bitcoin is decentralized, clearly operating outside government authority because transactions are peer to peer, as if we have our own bank.
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Topic
Board Bitcoin Discussion
Re: Please Explain
by
Yelosita
on 14/08/2018, 15:15:59 UTC
I completely agree with you, many people start to panic when the price of bitcoin starts to decrease gradually. But we must be able to wait and it is then that success will come to everyone.
When prices go down and the fear of losing money gets bigger, it takes a strong mentality and courage to decide, hold or sell. There is no certainty that prices will continue to decline or immediately rise. At this point the instincts of traders, investors, gamblers are one, that is, people who risk their money in bitcoin trading. But business is business, nothing is absolute, so enjoy when you profit or be patient when you lose.
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Topic
Board Economics
Re: What factor influenced the development of cryptology
by
Yelosita
on 13/08/2018, 13:41:40 UTC
The main factor is trust. Without trust in this world, it won't work perfectly, including bitcoin. There are still many countries that reject bitcoin to be used as a payment instrument in their country, for different reasons. Bitcoin is also difficult to implement in poor countries because of the limited communication infrastructure including the internet. So the intellectual level is still very low, Euro or sterling they never knew. Moreover Bitcoin, digital currency.
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Topic
Board Economics
Re: Crypto and automobile
by
Yelosita
on 13/08/2018, 13:21:28 UTC
I think in the near future,  bitcoin currency will be adopted by the automobile industry as a currency for payment.  But  for now I do not see any problem for as long as you had enough btc then you may just have to convert it to fiat money then you can buy the automobile you want.
Buying a car is an easy problem when we have money / bitcoin. We only calculate how much bitcoin we have and then switch to bitcoin exchanges, if it's enough to pay for the car we want, pay and be ours. Is that simple? The problem is that bitcoin that we have is not enough, then we save it again and pray that bitcoin will rise as high as the sky so it is enough to buy a car.
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Topic
Board Economics
Re: Bitcoin has Arrived in Thailand.....
by
Yelosita
on 13/08/2018, 13:07:30 UTC
It is good to hear that bitcoin will be piloted as crypto currency in the country of southeast asia in thailand, that will opem the doors also of its neighboring country in that region and good fir the bitvoin holders there in that region.
Thailand is a country with tourism destinations, so acceptance of bitcoin as a means of payment clearly supports the tourism industry players. When tourists ask, "Can I pay with bitcoin?" of course the tourism industry must be able to answer, yes or no. The Thai government wants to see opportunities, why should it be rejected when developed countries accept it? If banned, it can cause illegal transactions, because it is received secretly.
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Topic
Board Bitcoin Discussion
Re: Good news from Brazil
by
Yelosita
on 12/08/2018, 13:34:07 UTC
Good news always makes us grateful. Cryptocurrency lovers are the happiest when there is news of crypto money received in a country, or the government legalizes cryptocurrency as a legitimate payment instrument. Slowly but surely the digital currency will become one of the financial instruments that applies globally. Like or dislike.
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Topic
Board Bitcoin Discussion
Re: Is Fiat Currency completely irrelevant to cryptocurrency
by
Yelosita
on 12/08/2018, 13:18:46 UTC
We are still hostages of fiat and I do not see this change, even in the long run, because governments will not surrender to crypto as means of payment.
It is impossible for fiat money to be eliminated because of cryptocurrency. During this life there is paper money will always be there as the most ideal means of payment, because there is real physical. For crypto money because digitally it is not ideal when used for small transactions. Cryptocurrency can be traded with a value calculated with banknotes. So, paper money is very relevant plus cryptocurrency and even complement each other.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Song Released
by
Yelosita
on 11/08/2018, 13:42:03 UTC
I just listen the song and watch the video must say the song is great but the previous one was better than this one but really enjoyed.
Good song! This song encourages everyone in the crypto world, especially bitcoin. It's good to hear especially when prices go up and we enjoy the benefits, cheerful. Because the song means love, it means love of bitcoin like that. That is, when prices go up bitcoin we love, when prices go down bitcoin don't leave it. It's love, it's in bitcoin songs.
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Topic
Board Legal
Re: Why I don't Support KYC in cryptocurrency as it is
by
Yelosita
on 11/08/2018, 13:29:13 UTC
I also agree with you.. I don't think there is any need of kyc. becoz the crypto isn't regulated yet. Than how can i petition about my loss to authority?

Cryptocurrency does not use KYC because it is all anonymous, in contrast to conventional methods that have regulators so that when there are complaints it can contact the authorized agency. In the crypto world, everything is online so it is vulnerable to fraud, illegal, bad transactions, etc.

The weakness of crypto is that there is no individual identity involved in the transaction (No KYC), another problem of misuse of data for online verification can be to use other people's data / photos of others. If that happens where do we complain?
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Topic
Board Bitcoin Discussion
Re: Future payment methods of bitcoin and crypto
by
Yelosita
on 11/08/2018, 12:58:23 UTC
There is no need to discuss future methods of payment by bitcoin. Now it is necessary to introduce payment by bitcoin in absolutely all spheres of activity with which you come across. Anyway, there will come a time when bitcoin can be paid everywhere.
It is not impossible if future bitcoin is used for payments in all fields, because bitcoin is predicted to have equality with conventional currencies that are used as payment instruments today. It takes time, but bitcoin is slowly starting to be accepted as a payment instrument. Bitcoin as a digital currency has advantages over conventional money, because it is simpler, safer and cheaper transaction costs.
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Topic
Board Economics
Re: Is legalized marijuana good for the economy?? US Citizens might talk here..
by
Yelosita
on 10/08/2018, 16:48:26 UTC
I do not refuse but do not agree that marijuana is legalized.

In my opinion it can damage the order of life that has been running because children from childhood are familiar with the cannabis environment, regardless of consuming or not. They can also be couriers or sellers with big profits making it forget the danger for everyone. Because they are forbidden to remain brave, let alone legalized more crazy
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Topic
Board Bitcoin Discussion
Re: Why do we need to regulate digital money
by
Yelosita
on 10/08/2018, 16:35:08 UTC
Because without digital money management can be out of control, the impact is not good for business. For investors there is a feeling of anxiety because the risk of money shrinks because of an unfair exchange rate, because many trades wait and see, so the transaction turnover can be disrupted.

It is feared that big boss crypto money owners will play in determining the value of money. So that small investors become victims of unfair trade data. It's hard to prove, but feels
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Topic
Board Bitcoin Discussion
Re: Crypto currency in a card?
by
Yelosita
on 10/08/2018, 16:21:30 UTC
I think that is something that is difficult to implement, because cryptocurrencies are anonymous while cards have ownership identities. However, for the future it is not impossible because innovation in the digital world takes place very quickly.

Only government regulations and implementation are relevant for the cryptocurrency application on the card, as easy as carrying an identity card in a pants pocket
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Topic
Board Bitcoin Discussion
Re: Why did the government want to kill Bitcoin?
by
Yelosita
on 08/08/2018, 07:06:22 UTC

Because the government is afraid that bitcoin will be increasingly used as transactions. Then they narrowed the space for bitcoin to suppress illegal transactions and funds for terrorists. Because bitcoin is anonymous, it is feared that the flow of funds cannot be tracked by the government which results in illegal activities becoming out of control. Because the main objective of the government is to protect its people from misuse of financial transactions that can cause problems for its citizens.
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Topic
Board Bitcoin Discussion
Re: Didier Drogba Ambassador for cryptocurrency,implications?
by
Yelosita
on 08/08/2018, 06:49:33 UTC
The effect is that the confidence of people in cryptocurrency is increasing, because people at the level of Didier Drogba also trust cryptocurrency, then what should be doubted? Then people who do not know cryptocurrency, will find out about cryptocurrency, curiosity is clearly positive because Drogba is a world-class soccer player so crytocurrency is expected to be famous throughout the world.
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Topic
Board Bitcoin Discussion
Re: Who will benefit the most from bitcoin/cryptocurrency?
by
Yelosita
on 07/08/2018, 13:39:15 UTC
When people plunge into online financial markets, they always think that big capital is needed. That's true when you play stocks, forex or bonds, with the aim of making big profits. But bitcoin provides opportunities with small investments, even in 10 dollars or 15 dollars can be traded. The problem is that in commercial law, you want big profits to have big capital. People who have a lot of money remain the most profitable
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Topic
Board Bitcoin Discussion
Re: No women in Bitcoin you say?
by
Yelosita
on 06/08/2018, 13:58:11 UTC
Women worked just like men, so they can also do crypto as good as the men does. There'll be no problem of a man or a woman joins crypto.
I agree with you, that in business there is no difference between men and women because businesses only have one thing in common, which is to make profits. If women are better able to pursue bitcoin, why not? Because business has one attraction, that is when big profits are all taken seriously. Men or women make no difference in the world of bitcoin.