Search content
Sort by

Showing 20 of 84 results by geberger
Post
Topic
Board Economics
Re: What can be done to make bitcoin stable?
by
geberger
on 01/11/2018, 05:45:57 UTC
Bitcoin prices will never be stable, because bitcoin has a very strong influence from very limited supply and very high demand making bitcoin very difficult to be stable there will be price movements because of the influence of buyers and sellers interacting with each other.

Yes, bitcoin is known for its volatility and bitcoin price will never become stable, this made bitcoin very popular now. And because of big investors manipulating it, being stable will never happen.
there is no point in making bitcoin stable, with its fluctuating nature, bitcoin makes traders interested. basically if purchase and sale are same, price can be stable, but it is very difficult to control like that
If you don't buy the price will start decreasing. In crypt currencies the main feature is begin volatile.
Post
Topic
Board Economics
Re: Is this the correct time to purchase bitcoins and al-crypto?
by
geberger
on 30/10/2018, 06:19:56 UTC
Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin  novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
Well yes I do believe that it's a good time to invest money in Bitcoin and alternate cryptocurrencies right now as right now the prices of bitcoin and alternate cryptocurrencies is comparatively low because of which it's more profitable to invest money in bitcoin and alternate cryptocurrencies.
For me I do not trust altcoins much as you can see the altcoins gets in more dip as soon as bitcoin dips. I think we should keep on accumulation bitcoins as it is more save to keep bitcoins in hand.
Post
Topic
Board Economics
Re: Do we need blockchain technology?
by
geberger
on 30/10/2018, 05:23:19 UTC
For a lot of project blockchain is a complete waste of resources. I do not need a blockchain to count the apples on my appletree. But for some complex (financial) applications blockchain is the most important invention since eh applications
Blockchain is an important source in IT community and most of business man use this technology to get profits.
Post
Topic
Board Economics
Re: Philippines starting to accept and adopt cryptocurrency.
by
geberger
on 27/10/2018, 10:45:18 UTC
So good to see Philipines now getting more serious towards crypto. This kind of news is what we expect and hope other countries will start to do exactly that.

I wished my country too adopt such things and technology. Only the governments who really care about their countries future, take such steps for the overall betterment of the country.
Post
Topic
Board Economics
Re: Why we must study Economics at University?
by
geberger
on 27/10/2018, 09:34:07 UTC
Learning economic theory is one thing, developing the tools to make business decisions is another. Economics will teach you the basics and also give you concrete tools for analysis. For example, conjoint analysis is a statistical approach to measuring consumer demand for specific product features. This tool will allow you to get at the surprisingly complicated feature versus price tradeoffs that consumers make every day.
Well no one like to learn and study about economy but its important thing in our society. Learning about economy can tell us what is really going on in our country.
Post
Topic
Board Economics
Re: How did Crypto help you out?
by
geberger
on 27/10/2018, 06:55:14 UTC
We are all the same here. My earnings in cryptocurrency help me allot when it comes to financial matter. Just like you guys. But the best thing i got is now i feel like i am a better head of the family now. Because i can provide all the need of my family. And that because i get into cryptocurrency.
one of successfull story from crypto community.and we heard many other get their success too from joining in crypto , no matter from mining trading or even bounty campaign.
we could motivated with current story.and more hard work to realize our dream.it is possible for us if could find best opportunity on cryptocurrency market.such us buying correct coins.
I am involve with bitcoin since 2013. At that time i was just 15 year old. My father was dead when i was in class 9th and all the responsibility come on me. I stop my studying and start looking for work. I found bitcoin and i start searching on it.
Post
Topic
Board Economics
Re: Is there any chance of having one global currency?
by
geberger
on 27/10/2018, 05:42:43 UTC
The world has one global currency, I think it's impossible. To make everyone have the same thought is impossible, and surely there will always be those who oppose or support, and it will be difficult to make one global currency.
Dollars has much power than bitcoins open the chart now and see where is bitcoin is now. Market is down. Peoples deals with dollars not with bitcoins. I am not against bitcoin i love it but its hard for bitcoin.
Post
Topic
Board Economics
Re: Simply predict the future of bitcoin
by
geberger
on 26/10/2018, 10:04:01 UTC
The success of Bitcoin in the future is quite obvious now. Bitcoin has shown much capabilities of rising up to greater prices on the market by withstanding all the threats and attacks that rose to its peak this year. The people are becoming more familiar with Bitcoin and with time, its demand will increase significantly which will cause a great boost in its value on the market.
From what i heard from my elder is bitcoin is anonymous and unpredictable the risk of investing with cryptocurrencies is to much high. But you have ability to hold your bitcoin no one can stop you to gain profit.
Post
Topic
Board Economics
Re: Friends reactions to crypto currencies?
by
geberger
on 26/10/2018, 07:59:48 UTC
I am a bit difficult to explain the cryptocurrency to friends because they don't understand so they think it's just a scam. I have a hard time explaining in words and there is always rejection because they are too scared if crypto disappears, and I show proof of the benefits I got, and my friend became interested in cryptocurrency.
I still remember when i introduce bitcoin and cryptocurrency in front of my friends they don't believe me. I ask them to do some research on bitcoin they did but still not satisfy.
Post
Topic
Board Economics
Re: Where should we focus this year?
by
geberger
on 26/10/2018, 07:22:39 UTC
there are lots of new traders who don't know anything about blokcchain with the whole making them always think like that, they hope by entering blockchain can change anything and can get a lot of profit, but I'm sure that person doesn't understand what blockchain really is, because there on their mind is just how to benefit from blockchain.
This year is bad for bitcoin users so better to focus on alt and trade with them for long term at least a year. I hope 2019 brings smart price of bitcoin.
Post
Topic
Board Economics
Re: current situation of cryptocurrency for 2018
by
geberger
on 26/10/2018, 06:48:14 UTC
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market

Government can't control it and its free for all. Bitcoin is still not much popular so we have to give some time to bitcoin.
Post
Topic
Board Economics
Re: List of Decentralized/Centralized Exchanges
by
geberger
on 26/10/2018, 05:59:15 UTC
but of course government must regulate it, and it can be used for prosperity of its people. but indeed we have not found government policy in most countries in the world
Are you talking out of your ass? Governments can't do anything to regulate decentralized exchanges, and for that reason will refrain from doing so. Instead, they prohibit other aspects of crypto uses.

People for once need to stop thinking that the government has to regulate everything in order to be useful or legal. The government doesn't care about you, so why should you care about them?

Them regulating markets means less overall freedom for you and me, which is exactly why I like the idea behind decentralized exchanges so much. We no longer have to wait for the approval of governments.
Well i don't have any interest with these coins but its better to gain some knowledge even we don't like to invest on them. 
Post
Topic
Board Economics
Re: current situation of cryptocurrency for 2018
by
geberger
on 25/10/2018, 06:17:27 UTC
Its hard expecting fast rising in 2018 except there is really good news in market. But i am believe cryptocurrency is good long term investment and i am believe its profitable investment. I am expecting 2019 will be good year for crypto market
I think bitcoin is now waiting mood. Its time to show highly patience with market. I would like to hold my coins as long i can do because soon the market will up.
Post
Topic
Board Speculation
Re: Bitcoin Prediction 2020 - 2021
by
geberger
on 24/10/2018, 11:55:12 UTC
In my opinion i think bitcoin will start growing next year. In 2020 i think bitcoin price will be over 10000$ and will not drop so much from that value, and in 2021 i think will have value over 20000$. This is just my opinion so not take this as 100% fixed prediction. All we can do is wait and see how is going and get more bitcoin and hold.
Just expecting good price with bitcoins. The bad time will be passed soon all we have to do wait for the price of 2019. I believe next year will bring good demand and supply of bitcoins.
Post
Topic
Board Economics
Re: Is there any chance of having one global currency?
by
geberger
on 23/10/2018, 11:05:20 UTC
I don't think it will be possible, there will certainly be many global currencies created because there will be a lot of economic developments that may in the future use digital currencies and will use both digital currencies and fiat currencies for global currencies.
I know many of us recommend bitcoin and other cryptocurrencies but i think only dollar recurrences can rule the world. Bitcoin is slowly banned and i think in future it will banned everywhere.
Post
Topic
Board Economics
Re: Good business is a business that begins, not questioned continuously
by
geberger
on 23/10/2018, 10:32:50 UTC
Well it is true. Both planning and execution are beeded for a business to be successful. If one fails the other fails also and the whole system collapsee. But then again there are success stories where they opened a pop up store because that is all they had and eventually grew to a international multi million dollar company.
You can't make money without taking risk. Bitcoin is the great plat for start business it can be risky too but we have to take chance in order to become success.
Post
Topic
Board Economics
Re: Reason why other ban cryptocurrencies
by
geberger
on 23/10/2018, 05:52:59 UTC
One of the main reasons is that the spread of scam is used as a result of the manipulation,goverment can not control the transactions, used in illegal activity and the government thinks it affects the country's economy but it is not the reason
i think by giving strict regulations to ico, it will filter out the quality, so competition will be healthy, and not many investors will be deceived, i think that is a good first step.
For government its hard to reach those criminals. That's why government don't want to public bitcoin and ban it. They don't want to destroy there country's economy.
Post
Topic
Board Trading Discussion
Re: buy fast and sell fast
by
geberger
on 22/10/2018, 12:16:11 UTC
If in trading apply fast trading strategy,
What obstacles are constraints
and weaknesses?

In running crypto trading. We must use the right information to be able to enter a profitable market, and the traded coins must be very productive.
As traders, we also have to understand the characteristics of the market, the nature of demand, and trade barriers which of course will affect the benefits we will get. So if the traded coins are real productive, I think 'fast trading strategies' might not be wrong.
Fast trade can be called as a day trade which isn't reliable. I don't think fast trade can gives any high profit. I've never did day trade or fast because more i hold my trade more i can earn the money.
Post
Topic
Board Economics
Re: Will Africa be a good place for crypto?
by
geberger
on 22/10/2018, 09:41:59 UTC
The success of digital wallets in the African continent was really great and based on what I've read on news articles about it, it really helped the economy and the businesses when it all started years ago.
With this in mind, will Africans be welcoming of bitcoin/altcoin as a real currency and not just a quick way to earn cash or invest? Like using it as real money / cash?

It will be a difficult thing to answer today,  because the African continent do not have a good economy. Majority of the people there are poor. So that it is better if they have the goal of earning money first. Then they can invest in bitcoin and with this we can say that this is the perfect time for the bitcoin to become the currency.
They will use bitcoin as their country progresses, we know that a poor economy makes its human resources limited, like the internet,
gadgets and so on, most Africans may not have that? so it takes a very long process for this..

Maybe not directly has something to do with bitcoin.
I read that Africa, despite it's poor country, they built a lot of blockchain that's now being use and will be sustainable in the future.
I would not be surprise if soon they'll have their own currency.
I don't have idea about Africa but it would be great if India adopt the cryptocurrencies. Bitcoin isn't well popular in Africa where India is the greatest and the country where people are aware about cryptocurrencies and bitcoins.
Post
Topic
Board Altcoin Discussion
Re: Creating New Coin or Invest in ICO
by
geberger
on 22/10/2018, 07:58:20 UTC
As the title pronounced which do you prefer Invest or create? For me the capability of creating new coin can make big income and big loss there is a certain period of time that this idea will fail, as for Investing in some ICO compare to other side you have a freedom to choose, we all heard, don't put all your eggs in one basket but what if *if* half of the dozen egg broke and the other four was on fatal condition and the last two was successful and these two coin made you around 10m usd and your capital was 11m usd all of effort and time come to waste you see it's really hard to choose between two, how bout you share your opinions and express yourselves into this topic.


Lots of coin coming up this days, turning into an abuse for the main purpose why ICO  is been develop, I prefer to invest in ICO with trusted  team members and a proven track record, also observing what the project is out to deliver to the world at large. I spread my investment stake into several ICO  and hope for the best.
I think you should consecrate on ICO because creating a new coins isn't a easy task for you. Its required a lots of hard and and patient. Plus You need a team who work behind you.