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Showing 20 of 41 results by forked human
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Board Economics
Re: Let's suppose that Bitcoin became universal (used everywhere you go)
by
forked human
on 24/12/2018, 07:39:20 UTC
Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
You already said it’s not possible, the government will not allow that to happen. Even if it does happen they will always find a way to tackle it and stop those people who have refused to be paying their taxes. They can even decide to end cryptocurrency once and for all and causing those making use of it to lose all their money, or if possible they will decide to take everything.
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Board Altcoin Discussion
Re: before investing speak to a specialist
by
forked human
on 12/12/2018, 08:14:04 UTC
investment does have a high risk, but if we are afraid of risk, we will never advance or get profits, indeed in this case we need to ask those who are experts, but we also have to have principles.
You are right that without risk there is no any way to get the success and to become rich in the future we have to invest in the cryptocurrencies but there are a lot of projects in which we really need the assistance of the expert traders and investors that which project have a high potential.
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Topic
Board Economics
Re: Will people come back to gold
by
forked human
on 11/12/2018, 08:23:53 UTC
Gold will continue to be relevant in the economy die to it relatively stable price and since it risk involvement is low gold will be the preferred choice of investment for people will low strength for risk. And just like the silver and the real estate investment it have physical value.
What is physical value ? Why do you think bitcoin is not having such a value ? If you think deeply, gold is just a metal and any currency is just a paper, still why you are considering it will be having physical value ?

Bitcoin is having physical value in electronic mode. If you give USD to a tribal then he may not recognize it. Similarly if you consider bitcoin is not having any physical value, it will show your lack of knowledge. Nothing else.
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Topic
Board Speculation (Altcoins)
Re: Bitcoin price effect on Altcoin
by
forked human
on 07/12/2018, 08:18:30 UTC
it affects so much, bitcoin is a king. when bitcoin is down, altcoins are down too
even on bad market like now, many altcoins have no value
I think that is fair, because the decline that happened is a kind of decline from the global crypto market. the impact is not just on bitcoin and only a few altcoins. you yourself can see, all of my assets have decreased.
The actual reason is that people know that Bitcoin is much stronger and many coins are in the market on exchanges with Bitcoin so with the fall in the price of Bitcoin people also lose the faith on the price of other coins and along with that they see the price of these coins dumping with the price of dumping Bitcoin.
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Topic
Board Economics
Re: Why Cryptocurrency threatens governments
by
forked human
on 06/12/2018, 11:58:33 UTC

Fiat currency its a currency that a government has a control while crypto can not be manipulate and can not be created out of thin air.  If people adopt a crypto currency then the fiat currency price will plummet. Its one of the reason why government impose a stricter rules in cryptocurrency.
maybe what you say is true the government always rejects and thinks negatively about the development of the crypto currency but if it can work together it will certainly make it even better for the government to monitor and monitor what will happen I think something will develop more
Actually the governments do not understand that what the benefit can give the cryptocurrencies to the governments. They do not know that the future will be of the digital currencies and people all around the world will accept Bitcoin and cryptocurrencies so if they will work from now then they will be much mature in the coming time.
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Topic
Board Speculation
Re: BOTTOM? list? the real bottomcaller
by
forked human
on 03/12/2018, 07:10:49 UTC
Can we now said we are at the bottom now.  Bitcoin keep going down and if it continues like this it might go below $1000 before end of this year.  I think there is no bottom this time and we might need to see reverse of price any time the market decided.
No that is not right that the price of BTC will reach down to $1000 as in that below point the miners will earn a lower income and then they will either stop mining or will not sell their coins and will hold them so a supply will be restricted to the market and the demand of the coin will bounce back the value of Bitcoin. So any time the price goes down the holders do not sell their coins.
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Topic
Board Speculation (Altcoins)
Re: Red - Red - Red market :(
by
forked human
on 03/12/2018, 06:32:12 UTC
The crypto market is consistently falling down. And so far it is not growing since from a long time. But I believe in crypto, after a certain time later crypto will start to rise and beat this bearish market.
Actually everyone is waiting for the SEC to approve the ETF and some whales often dump the price so that non experience investors also sell that both making the price down. But if we forget about SEC and start our trade normally and do not sell at red market then a very good market will be established in the crypto currencies trade.
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Topic
Board Speculation
Re: Record falling. What to do?
by
forked human
on 30/11/2018, 06:31:50 UTC
Friends what will you do with your cryptoassets?
Always make plans ahead, so that you don’t get confused when things like this are happening. It’s best to take actions early, have it in mind what to do every time, whether to sell your Bitcoins at a certain rate when the price starts to fall or to continue holding it till there is a change in the market. If you have lost a lot, then its best to just leave your money there, cause selling it won’t make any sense.
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Topic
Board Speculation (Altcoins)
Re: What is the current situation of the crypto market now?
by
forked human
on 28/11/2018, 08:06:06 UTC
There is not any good news but there is also not any bad news so we can say that the market can be better at any time in this year or in the coming year. We are now waiting for the ETF if ETF will be approved in this year then the price of all the coins will rise to its previous high value and then everything will be better.
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Topic
Board Economics
Re: Good news or bad news...
by
forked human
on 24/11/2018, 09:30:51 UTC
It is good news all the way. This is actually a deterrent for fraud, money laundering and other illegal transactions that they plan to make use of crypto currency and blockchain technologies. I mean it will go hand in hand with KYCs  and other deterrents such as these. This is a good steo into making investors feel safe.
Absolutely this is good news. When bitcoin would be implemented in our daily usage, there would not be an open door for politicians or everyone to corrupt money or do money laundering.
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Topic
Board Economics
Re: What do you think about crypto currency issued by the government?
by
forked human
on 24/11/2018, 06:09:39 UTC
It wouldn't be a true cryptocurrency if it was backed by a government because they would have the power to set inflation and seize coins if they wanted.  Maybe it could work if it was truly decentralized and you were in complete control of your funds but I'm still skeptical.  Why use government currency when we have money backed by the people.

Government crypto currency doesn't exist and will never be exist, they don't support crypto and that there's no way for them to like it as well.
I often said this, how can a single government can start its own currency. And let’s suppose they do; the restricted number of users would use it and there wouldn’t be much obvious change in economy of the country.
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Topic
Board Economics
Re: The economic function of Bitcoin
by
forked human
on 24/11/2018, 05:08:50 UTC
It also experiencing arbitrage in the bitcoin economy.
Especially with the tether crash
https://theblockchaintoday.com/bitcoin-arbitrage-across-countries/
To me it has always been the ease of use. I have always supported the fact that bitcoin is a great way of paying someone. I try to pay people with bitcoin and I try to get paid in bitcoin whenever I work, that is my number one option to be paid in. That way it takes almost no time compared to bank payments. Now you may think bank payments are easy and you just click some bank app on your phone to send money to someone and you are done but you are thinking just local.

I mean bitcoin makes that happen on a huge global scale. Someone from USA can send money to someone in nigeria (probably a nigerian prince for example) and it will take just couple minutes at most to arrange that. Yes there are some other things that makes bitcoin amazing but the ease of use will always be my number one reason.
I do agree with the economic importance of Bitcoin and that it has been one great coins in the market do far but economists who formulate policies call it a poison for the economy of any nation and that is the reason this is banned in my country.
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Topic
Board Trading Discussion
Re: buy some, sell some, and hold some
by
forked human
on 22/11/2018, 09:49:03 UTC
depends on how the market conditions are compelled to do so because every situation must have different conditions, preferably when the price gets lower that is to remain patient and hold on to the situation for the better and do not panic when you see the market becomes red, it will make things worse.
The crypto market situation is very influential in making decisions about whether to buy, sell or HODL. So analysis will save a few coins or sell all coins when the price goes up but not according to predictions, all depends on the mentality. Because crypto trading is the most important factor is emotional control.
The best strategy I advise to others is, buy so low, wait for the time the best time according to you, and then sell. This hit on the time would let you grab so huge profit ratios. Good luck.

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Topic
Board Economics
Re: 2018 the year of correction?
by
forked human
on 22/11/2018, 06:46:35 UTC
I can say even more, the next year may be bad. In my opinion, by the end of next summer, this correction will continue and possibly until the end of the year of the last year we will see a slight increase. Again, this is just my opinion.
In my opinion, we must be optimistic. We all really know the nature of bitcoin and how it behaves every single day. Then why to be disturbed on price falls? It always gives us Bull Run.
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Topic
Board Speculation
Re: Get ready for the bull market!!!
by
forked human
on 21/11/2018, 10:12:36 UTC
Many people are getting discouraged in investing into cryptocurrencies market and that is because they were not following were we started from.  Trading and investment is a game that entail a very high of self control and patience and if you did not have those you will keep losing money.

Probably right especially the new one because they seem to be carried out by their emotions which lead them to panic. This thing can't be avoided because we're all different and everyone has their own reason. 2018 maybe is not a good year but let's hope by next year we can see a better value and this bull run could soon be happen.
Bull market is no doubt very much desired and appreciated for making quick money but I think it is not here right now. In addition, it will take time for the revival of the crypto market to happen so the best thing an investor should do right now is to invest regardless of whatever the consequences may be.
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Topic
Board Economics
Re: The future of the market
by
forked human
on 21/11/2018, 07:36:41 UTC
As of now, there is no clear direction of which this direction this market will heading as we are all expecting of the bullish market before this year will end but the result it is the opposite in which the market continue to fall making us to be disappointed again and again. So i suggest that we forget about the bull run and we should used to this new support level of Bitcoin as it better to get the unexpected gain.
I believe that regardless of what the future holds, we should really focus on the current strategies to own as much of the potential coins as possible. In addition, after having some good vibes in the market, investors will be attracted to the investment and this will make the future bright.
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Topic
Board Speculation
Re: Is it drawing a box between 4800 to 5400?
by
forked human
on 20/11/2018, 09:26:50 UTC
Don't make predictions like that because the fake news would probably go on our way for sure and some of us will believe those fake news and withdraw their coins that will reflect with the value of the market which is not good.
Yeah, we need to understand when people start making prediction of their own chicons, so many times it become a source of demoralization and destruction of the trust factor.
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Topic
Board Speculation (Altcoins)
Re: The market is looking all red once again
by
forked human
on 20/11/2018, 07:52:16 UTC
I think that this is the usual speculation that was made to remove extra people from the market before the start of the bullish trend !
It has been red since long. Never expecting some quick returns help keep the excitement low and I rather prefer to hold back by not investing in crypto but the low cost of some coins is pretty attractive.

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Topic
Board Trading Discussion
Re: Story of crypto market
by
forked human
on 19/11/2018, 11:17:38 UTC
I never invested in Crypto currency from starting i am working for crypto currency, like signature campaign, social media bounty, translation, etc., from the bounty coins i trade and make more bitcoin or lose it. So their is nothing story about loss. Ya but in some projects what i earned free coins i did not sold them when they were in high price due to project being very good and promising but now in the end they are also 90% down and even this project developer also diverting the concept and it is not good for the coin. So this way i made loss of time and effort.

In any trading if anyone is making profit then obviously other will make loss , it is just same like gambling. The only different is in gambling you lose instantly and in trading you lose instantly or in long.
We are literally living the story of crypto market right now. One day it is great, one day it is stagnant and all of a sudden one day it goes down like hell. The crypto market is not something that is too volatile everyday, it is just moves like this time to time. Remember when was the last time bitcoin ever lost value like this? It was probably 6-8 months ago, it has never been this low since over a year ago, which tells you that bitcoin sometimes goes from 5 thousands to 20 thousands and makes you money thats true, and sometimes goes low like 15% in a single hour thats true as well, but between all those times, it just stays the same and doesn't move. So if you see crypto staying same and not moving don't be shocked, it is not a gradually moving investment, it either goes up or low but it does that in an hour and stays there for a long time.
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Topic
Board Trading Discussion
Re: Do You Need To Put Your Emotion in Trading ?
by
forked human
on 17/11/2018, 07:54:00 UTC
From what I have noticed, if you stick to your profit booking and stop loss targets while trading, then the chances are that you will end up with positive returns. But when people get too greedy, they don't care about these targets.
The more emotional you get, the more un-strategic your decisions would be so it is of no use being emotional in the business. One should focus entirely on the market signals and the personal intuition while making a trading decision.