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Showing 20 of 490 results by laracastvue
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Topic
Board Economics
Re: Cryptocurrency or Stock Market?
by
laracastvue
on 07/09/2018, 21:04:02 UTC
If to get big and fast gain then I choose cryptocurrency. Because with cryptocurrency we can get bigger clutch than stock market. However, cryptocurrency is at risk and it needs to be considered before you invest. So choose what you think is good Smiley Smiley

Yes i agree on that, cryptocurrency is very profitable and that is the reason why there are a lot of people who are preferring to invest on bitcoins rather than placing their money on the banks which makes the economy of the country to drop.
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Topic
Board Economics
Re: Gold & Silver are safe than bank deposits ??
by
laracastvue
on 07/09/2018, 20:54:14 UTC
Yes,  while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.

I agree. Gold and silver are still better than banks because it rise constantly, unlike in the banks that it differs on what plan, on which bank, and other factors. Still it is best to invest in cryptocurrency because of the potential of growing and also this is the future of all of us, the digital currency.

In my own opinion, gold and silver will be only better than banks if the scale of increase in price is much better rather than bank's time deposit feature if you place money on them.
Post
Topic
Board Economics
Re: China tells people to buy gold & silver
by
laracastvue
on 07/09/2018, 20:51:05 UTC
I would be surprised if they told people to buy bitcoins and etherium. China is interested in high gold prices from here and "marketing campaign."



I think the government might suggest investing safely. and I think there is nothing strange with China, because we know that gold is a long time investment tool.

China has a lot of business going on their country and that is the reason why we should be surprised if they are going to promote gold and silver so it was normal just like cryptocurrency mining in their country.
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Topic
Board Economics
Re: Will Bitcoin become a long-term trusted store of value?
by
laracastvue
on 07/09/2018, 20:46:07 UTC
Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future

In my own opinion, yes it will be good for long term trusted coin since it was very popular and there are a lot of people who are keep on investing in it.
Post
Topic
Board Economics
Re: Why do older people like investing in Gold/Silver?
by
laracastvue
on 07/09/2018, 20:42:57 UTC
I think that happens because they believe that gold can only be mined, while the Gold mine has only a few limitations and cannot be created using technology, and the price of gold always increases over time, no doubt Gold is a long-term investment that parents can do . Because they don't understand about Cryptocurrency investment.

People invest in gold and silver just because they are outdated but if they knew how cryptocurrency is profitable then they will prefer bitcoins rather than gold or silver.
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Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
laracastvue
on 07/09/2018, 20:36:00 UTC
it is quite possible to see bitcoin back to biggest players from finance sector are eying this lucrative market,there is right time when buying bitcoins then you should see majority of it are waiting but it's not and in every price level,kind of question has been asked many times and still others don't get that if they really want to enter bitcoin and buy some of it, then do analyzing because there is no right time.the moment you anticipate on where will the price should go then stick on it. enter bitcoin for long term meaning even you buy level then still you have big chances to grab some decent profit in the future need patience so entering bitcoin trades is not appropriate for weak hands...

In my own opinion, yes it was the best time to invest a huge amount on bitcoins because the market price today is currently dropping so hard and that is the reason why you should invest a huge amount right now.
Post
Topic
Board Economics
Re: Bitcoin: Best investment in 2017?
by
laracastvue
on 07/09/2018, 20:30:18 UTC
Now its 2018. I think the good strategy for investment is to invest in etherium and Ripple. Becuase this two coins is have a big potential this year, so dont miss this apportunities comes to us. Be ready.

It was the best if you are going to invest on ethereum because the market price is currently low and you will be surely earning profit when the market price increases.
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Topic
Board Economics
Re: Crypto replacing fiat?
by
laracastvue
on 07/09/2018, 20:28:56 UTC
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   

In my own opinion, cryptocurrency will never replace fiat in the future because there are a lot of people in the corporate world who are still using fiat.
Post
Topic
Board Economics
Re: Is wallet security important to use?
by
laracastvue
on 07/09/2018, 20:28:18 UTC
of course it is very important, moreover it is related to the assets you have, which of course you also do not want to lose the hard work you have done lost quickly

In my own opinion, yes it was very important because you need to have a good security in order not to get hacked so choose a wallet that has good reputation to be secured.
Post
Topic
Board Economics
Re: Does Bitcoin affect world trade?
by
laracastvue
on 07/09/2018, 20:26:45 UTC
Bitcoin already have a huge market cap. This market cap if added to the national trade then it is already a huge amount which could affect the money movement all over the world.

In my own opinion, Yes it can affect the world trade because some of the investors that has assets are selling their investments in order to switch into cryptocurrency.
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Topic
Board Economics
Re: Trading Bitcoin for real estate?
by
laracastvue
on 07/09/2018, 20:22:28 UTC
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

In my own opinion, it was your decision if you are going to switch to real estate but always bear in your mind that the price of cryptocurrency will always grow due to the markets volatility.
Post
Topic
Board Economics
Re: Is there manipulation of sharks ?
by
laracastvue
on 07/09/2018, 20:19:33 UTC
I feel that sharks (Big traders) haven't collect enough Bitcoins. You can see that there were scandals when Bitcoin price rose. The scandals were exchanges hacked, China suppressed Crypto, etc whenever Bitcoin price up.
It's not a good news for Bitcoin and prevent price rise but it still rising, is this a signal that Bitcoin coming back ?
How do you think about it ?. I want to know your opinion Smiley.
Thank you Smiley
 

That is the reason why people should always have faith in cryptocurrency as well as patience, due to its price that will always increase due to the volatility of the market so you should have more patience on the market.
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Topic
Board Economics
Re: Tax on the crypto currency! What do you think?
by
laracastvue
on 07/09/2018, 20:08:31 UTC
Normally I am anti taxation agent. like in my country I do not know what our government is doing with the taxes that is being collected from the masses, they are in charge of the central bank. The money can be mint at anytime if they like. My country is so corrupt to the extent that the people in power mint the money and hide them in tanks in their houses. They should leave the poor masses with taxation. It will be difficult to tax all cryptocurrency transaction.

In my own opinion, those cryptocurrency investors are already paying a decent amount of transaction fees in order to send coins to other wallets so tax is not necessary.
Post
Topic
Board Economics
Re: Why spend time in bitcoins?
by
laracastvue
on 07/09/2018, 20:05:41 UTC
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.

Spending time earning bitcoins is really worthy because in this way you can have more asset that is really good for long term investment and earn more profit in the future.
Post
Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
laracastvue
on 07/09/2018, 20:00:37 UTC
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

In my own opinion bitcoins will rise up so high but it was not possible for fiat to die or be removed since not every people is capable of investing a cryptocurrency.
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Topic
Board Economics
Re: Weak Hands lose money, strong hands makes profits in this game!
by
laracastvue
on 07/09/2018, 19:59:58 UTC
I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins.

The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands.

I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^

Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.

The weak hands will lose money and the strong will thrive in this game. Hodl on people!  Grin

In my own opinion bitcoins should be classified as an asset and in this industry, it was better to have patience rather than having a strategy since the market price is volatile.
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Topic
Board Economics
Re: Bitcoin and Fiat - this is how I see the future
by
laracastvue
on 07/09/2018, 19:37:52 UTC
At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.

So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.

People right now wants to have faster transactions and that is the reason why they want to implement a digital society as well as the people who are working in the corporate world.
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Topic
Board Economics
Re: When will smartphones used for bitcoin mining?
by
laracastvue
on 07/09/2018, 19:36:59 UTC
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?

There are already applications on smartphones right now that you can use in order to mine cryptocurrency, just check on google playstore.
Post
Topic
Board Economics
Re: Will countries or central banks create their own cryptocurrency?
by
laracastvue
on 31/08/2018, 13:57:57 UTC
As we can see at the moment, there are already examples of creating its own crypto currency in the country, as Venezuela created its state crypt currency called Petro. Perhaps in the future the number of countries and banks that will create their own crypto currency will increase, because the industry is developing rapidly.


Cryptocurrencies that are created by local countries will not grow and the price will be depending on its developers so you should just invest on a token with decent reputation in the community.
Post
Topic
Board Economics
Re: Is wallet security important to use?
by
laracastvue
on 31/08/2018, 13:41:54 UTC
The security of the wallet is the first thing to consider. Your digital wallet can be hacked and your data can be used – make sure to protect it.

Well if you are looking for a wallet that has a good security then that will be myether wallet because most of the investors and traders in the market are using mew because it has good reputation.