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Showing 20 of 68 results by gheawari431
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Board Economics
Re: Will governments create their own cryptocurrency that will replace fiat?
by
gheawari431
on 24/12/2018, 04:16:34 UTC
Government can create their own cryptocurrency. But i think they create it not to replace fiat but to have another ways to pay or buy good using cryptos. So people can choose what they want to use to pay bill. Fiar or crypto.
One day the government can make crypto currency that they use to accompany fiat money, because fiat money is easier to inflation so that the government needs a currency that is more resilient to the world economic turmoil. Of course crypto money created by the government has clear regulations so that users feel safer.
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Topic
Board Economics
Re: Please, we should not totally eliminate fiat currency
by
gheawari431
on 24/12/2018, 04:00:49 UTC
From time immemorial, money has undergone various metamorphosis. So whether you like it or not, time will one day be up for the fiat currencies you are so much used to. Nothing lasts forever, and the fact that virtual currency can do better than fiat means we will say goodbye to fiat one day.
Fiat money cannot be eliminated and replaced by digital currencies, because the use of fiat money is easier and simpler where uneducated people can also use it. Unlike the use of digital money, besides requiring the internet, users also have to use smartphones or computers, which are more complicated. Most reasonable is digital money as a companion or alternative to fiat money.
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Board Bitcoin Discussion
Re: New Survey Shows 80% Of Americans Have Heard Of Bitcoin
by
gheawari431
on 20/12/2018, 02:52:07 UTC
For all people's dont already know about bitcoin and they always say what's bitcoin and popular name for them to know this cryptocurrency even 80% americans heard about bitcoin they are late about it to learn for a late time for them also.
As a developed country with very easy and complete information, it is not unusual if 80% of Americans hear or know about bitcoin. But hearing about bitcoin doesn't mean getting involved in bitcoin trading or investing, because they have a tendency to "wait and see" before making a decision.
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Board Bitcoin Discussion
Re: Why is China giving importance to Blockchain?
by
gheawari431
on 20/12/2018, 02:36:30 UTC
China understands the importance of developing innovative technologies. China has long become a space power and has all the latest technology in its own. Blockchain is one of these technologies, so China seeks to maximize its benefits for the development of its country.
China is one of the most advanced countries in the application of technology, one of which is exploring blockchain technology that can be applied in all sectors of life. Blockchain is very efficient and effective in industry and commerce, so China is very powerful in its efforts to increase competitiveness in the world of commerce.
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Board Bitcoin Discussion
Re: Bitcoin, governments
by
gheawari431
on 20/12/2018, 02:25:36 UTC
Depending on the economic situation and conditions of the countries, Bitcoin and the government will have two paths. Bitcoin will jointly develop the government in a spirit of mutual benefit to the community. Or Bitcoin is prohibited and restricted by i believe the future will answer this story.
Many countries don't like bitcoin, even forbid bitcoin to be used in their country. Of course there are many considerations, because the government sees bitcoin from various perspectives. Some countries see bitcoin endangering their country, but there are also countries that see bitcoin as an advanced technology that must be developed in their country. Because there are many interests from the government, bitcoin has finally become a debate between those who agree and those who disagree.
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Board Bitcoin Discussion
Re: Don't buy bitcoin because it won't be fine
by
gheawari431
on 20/12/2018, 02:15:32 UTC
The problem is that everything is based on the intrinsic value of bitcoin, you put examples with real objects and that have a utility in this world, but you forget that the value of things are given by people, so although for you bitcoin is worth nothing, that does not mean that for me the same thing happens, and if the price is falling is because there are real people who are losing faith in technology, but as long as you have a cumulus of followers and users everything will be fine.

The intrinsic value of bitcoin is the value attached to bitcoin, which means that real bitcoin has a price that becomes a benchmark in a transaction. Because bitcoin is digital money, values ​​made are not based on real goods, such as gold. So, buying bitcoin is the same as buying trust, where all bitcoin owners have confidence that they have the benefit of bitcoin.
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Board Bitcoin Discussion
Re: Is Bitcoin really driven by individuals?
by
gheawari431
on 18/12/2018, 07:16:37 UTC
It can be! A lot of panic sellers who eventually support the bitcoin when it hits the lowest point of price. These panic sellers are the one who make the price dump. They tend to sell their shares at the lowest price because they are scared of their investment. In this kind of situation, individual reaction lead to a downfall or succession of Bitcoin.
In bitcoin trading, the role of individuals is very influential on the stability of the price of bitcoin. They easily panic when prices go down or are very happy when prices rise, so they sell immediately. Bitcoin holders with characters like this are very many.
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Topic
Board Bitcoin Discussion
Re: Bitcoin's volatility is a non-issue
by
gheawari431
on 18/12/2018, 07:02:29 UTC
It is never an issue, the issue is the lose of the people who didn't have enoughf patience to hold. I believe that the bitcoin or maybe crypto is really unstable from the beginning so we don't need to have an issue about it. Bitcoin is a great way to earn but if we loss on it the problem is maybe on us not on bitcoin.
Bitcoin as an investment is very good because many have proven its success. If the price drops now, that is very reasonable. It is predicted that soon the price of bitcoin will rise. Many issues hit, even attacking bitcoin, but bitcoin will not die. Bitcoin users continue to trade, because of the high belief that bitcoin is a digital currency that will someday be used globally.
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Board Economics
Re: What's Crypto innovation for you?
by
gheawari431
on 18/12/2018, 06:46:50 UTC
I think it is the blockchain technology that really got me to say wow. I mean it very versatile and very transparent. It is easier to do an audit of things in a transaction since all tue raw data is placed in one place. Although you'll need a heck of alot patience to do it but at least it is there. I just hope there will be more continued innovation on this front.
Crypto innovation for the future is very beneficial for the community, because it provides an opportunity to increase revenue as a crypto trader. In its development, blockchain technology provides much-needed protection because crypto trading occurs online, so safety and comfort factors are very important.
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Topic
Board Bitcoin Discussion
Re: HAS BITCOIN REALLY STOOD THE TEST OF TIME?
by
gheawari431
on 17/12/2018, 04:02:21 UTC
Besides testing the time, bitcoin holders will be tested for patience. Those who are patient in waiting for a sunny day for bitcoin will get greater profits for the bitcoin holders.
To get a big advantage, bitcoin holders must be patient and full of calculations, because we have to take into account the increase in bitcoin prices to how high, so that when removing bitcoin the maximum profit is obtained.
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Board Bitcoin Discussion
Re: Bill Cosby buys 750 BTC
by
gheawari431
on 17/12/2018, 03:52:12 UTC
It means that his financal advisor is someone wise. I would believe that the bitcoin price would not fall anymore and it is right time for invest. And ofcourse this is very good news because the famous people would give our market great benefits when they buy bitcoin or cryptocurrency.
Bill Cosby is a well-known Hollywood actor, of course his financial advisor will not give arbitrary input without calculated data and predictions. So. I believe that in the future bitcoin will rise again, because trust is still high in the community. Bitcoin will become an expensive digital currency.
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Board Bitcoin Discussion
Re: No Christmas gifts this year, all my money in Bitcoin
by
gheawari431
on 17/12/2018, 03:42:10 UTC
This year of course over suddenly and a bit painful for.I want to believe that everything will change in the next.This year gifts will be of course, where without them.Our relatives are not obliged to suffer for not correctly chosen strategy we are.
Because all the money is saved in the form of bitcoin, this year's Christmas prize is not as vibrant as 2017. Be patient, because bitcoin will definitely rise again next year, I am very sure. Christmas next year will be happy again, because that belief is strength, and strength makes us always happy.
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Board Bitcoin Discussion
Re: Why do we need bitcoin in the modern world?
by
gheawari431
on 17/12/2018, 03:32:18 UTC
Bitcoin is here to make transactions made online easier and faster. It introduced a peer to peer system which eliminates the third party system in terms of sending funds to anyone at any part of the world and it is done within minutes.
Because bitcoin is part of the modern world, where everything is digital. As a digital currency, bitcoin simplifies and speeds up transactions due to decentralization and peer to peer, so it only takes a few minutes to complete transactions and not involve third parties.
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Board Bitcoin Discussion
Re: What are the opportunities we have in blockchain?
by
gheawari431
on 24/11/2018, 08:08:09 UTC
Look at how many projects appear with different possibilities of blockchain application in different spheres. This shows that its possibilities are limitless. Let many projects will not be able to succeed, but their idea will be able to implement someone else.
The use of blockchain is very broad, can be in all aspects of life. Opportunities are overwhelming, such as making a startup or online store using blockchain technology so that it is very efficient in bookkeeping, speeding up shipping or monitoring payments all fast and easy. In the future, competition will include quality, price and speed of service.
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Board Bitcoin Discussion
Re: Is Block Chain going to be the next internet?
by
gheawari431
on 24/11/2018, 07:46:08 UTC
The blockchain and the internet are two different technologies and is the host of all access online which is the internet and the other created a means of carrying out financial transactions online which is the blockchain. The blockchain is the digital bank and also the internet is the house that host all other online activities.
Blockchain with the internet is of course different. Blockchain is modern bookkeeping decentralized technologies that are not centered on a single server, while the Internet is a global system of all computer networks connected to each other. In a set of network integration and communication, standard internet protocols, TCP / IP, is used. TCP has the task of ensuring that all relationships work well, while IP is responsible for the transmission of data packets from one computer to another. Blockchain does all its activities on the internet.
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Board Bitcoin Discussion
Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019
by
gheawari431
on 22/11/2018, 12:39:25 UTC
That is a big news! I think 2019 will become better than 2018. I expect that the good ICOs have come in this season and some ICO will just entering in crypto space by 2019. I assume that it will help to boost all prices in cryptocurrency. Maybe, 2018 is not time but 2019 will surely make us grow!
The good news must be grateful, because more and more traders believe in cryptocurrency. That trust will increase the confidence of cryptocurrency users that the price of 2019 will be even better. What is expected is that all online merchants in the world are willing to accept cryptocurrency, so that the internet really unites its users around the world.
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Topic
Board Bitcoin Discussion
Re: crypto currency ban in india
by
gheawari431
on 22/11/2018, 12:19:56 UTC
Quite bad news for Indian crypto adoptors as India has a huge population they could have used cryptocurrency for developing their economy. So far I know they might change their decision. Crypto user can use an alternative way for the transaction. So it is really pathetic and impatient incident for Indian huge crypto lovers.
The policy of banning the use of cryptocurrency in India is theoretically possible, but in practice it is very difficult to prohibit, because all transactions occur on the internet, so no one knows because it can use a server from a country where cryptocurrency is legalized.
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Topic
Board Economics
Re: The value of bitcoin?
by
gheawari431
on 22/11/2018, 12:10:11 UTC
The value of bitcoin is on security and limitation on supply. Maximum supply of bitcoin already pegged on 21million coin and no one control the supply. Beside that, the value of bitcoin is unhackable transaction data and its make trust on bitcoin price.
Bitcoin is a digital currency, so it's not physical. The value of Bitcoin is created because there are offers and requests from bitcoin users. The more demand the price will go up, while the more offers the price will go down. Bitcoin has no comparison, so that bitcoin cannot be intervened by anyone.
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Board Bitcoin Discussion
Re: US or China: Who do you think will legalize bitcoin first?
by
gheawari431
on 20/11/2018, 08:09:55 UTC
The US may likely do that first as china is always looking for cheap opportunities. The US is also in competiton with China as it has always accused China of flooding everywhere with take stuffs.
The first to legalize bitcoin is USA, even to make it easier for bitcoin users to do the transaction Bitcoin ATMs are provided in the USA in the amount of 2372 with the most placements in Los Angeles totaling 258 ATMs. As a developed country the USA is very open to the latest technology, including digital currency technology.
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Board Bitcoin Discussion
Re: Should we Re-Brand Bitcoin?
by
gheawari431
on 20/11/2018, 07:46:30 UTC
I don't think bitcoin need re-branding, but as for bad reputation generated by press circulating all over the internet and news papers, all of this needs to be corrected so that people can start to build back their confidence and start investing.
I think there needs to be an intensive promotion of bitcoin, because the bad news about bitcoin is very massive in various news, so the price drops. No one can lift the bitcoin image except the bitcoin users themselves. Because external factors greatly affect the reputation of bitcoin, rebranding is not necessary but I think the promotion of bitcoin is very necessary.