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Showing 20 of 162 results by qumeijia
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Topic
Board Economics
Re: Bitcoin stability
by
qumeijia
on 28/10/2018, 22:53:42 UTC
The political situation of a country does not affect crypto prices, of course. But political decisions can affect bitcoin prices because positive or negative government regulations make investors think hard for investment.

If Trump decides suddenly the cryptos/crypto activities are banned in the USA, be sure it will affect the price (a result of a political decision) So yes, political decisions can affect the price. But a political situation can too make the Bitcoin value increasing/decreasing. If you take a look back at the Venezuela and Greece crisis, the Bitcoin value was increasing during this both period of time

Isn't politics decisions made for politics situation in particular countries?
We know that U.S is strong economic that probably control or influenced global economic stability. The decision by Mr.President of U.S has big influence to the world economic stability. And I believe that if U.S announces policy relates to Bitcoin for political issues in U.S, it will affect the global cryptocurrenccy especially Bitcoin. So, I think that Politics Issue from strong country still has influential effects for stability of Bitcoin.
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Board Bitcoin Discussion
Re: Bitcoin future looks brighter
by
qumeijia
on 27/10/2018, 23:56:32 UTC
Yeah that what I see so of Bitcoin.
If we see the development Bitcoin since it was created, it is rapidly improvement and some of countries recognized and accept it for means of payments. bitcoin proves the existence can be the solution for simple and fast transactions with high transparency. It associated sophisticated technology with money services that can not be done by manual Banks. 
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Board Bitcoin Discussion
Re: Why should governments accept Crypto currencies?
by
qumeijia
on 27/10/2018, 23:50:39 UTC
This actually was already answer by your self why government should accept Crypto currency and why government is trying to oppose it. What you mentioned is one of many reasons government oppose Crypto. There are many reason of opposing and accepting Crypto currency. If you see that it is because government want to hide the corrupt, it means you underestimate to government.
I believe that there are strong reason that probably not publish on press.
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Topic
Board Bitcoin Discussion
Re: What will happen if Bitcoin gets official permission from the government...???
by
qumeijia
on 27/10/2018, 14:08:28 UTC
Bitcoin is an independent Cryptocurrency that no other third party takes advantage of transactions from two sides. This is a peer to peer transaction conducted by sellers and buyers only. Cryptocurrency transactions do not need to be identified or verified by the recipient of the funds when the funds are sent, that is what makes many people choose to use bitcoin.

Does the government mix in managing transactions for each user?

If the government mixes in managing transactions, will they take advantage of every transaction Huh

What is your opinion.?

Bitcoin's network simply can't be controlled by governments due to its decentralised nature.

If bitcoin is officially recognised by the government, then it is only on a legal sense. For example, they may recognise bitcoin as a currency, which may have potential tax implications. Another term for this process would be legalisation.

However, it does not mean all of a sudden that bitcoin transactions will be able to be controlled and verified by governments after this process of legalisation. Because whatever recognition bitcoin gets from the government is only applicable for the government/taxation agencies, and has no effect on the network itself.

Totally right.
I think that is great news if Bitcoin gets official permission from particular government because it means that the existence of Bitcoin is having a legal sense. It is officially recognized as currency as real fiat. Obviously, it can be used for means of payments such purchasing and selling things in the physical shops.

However, the legalization of Bitcoin will not influence to its value, means that government can not control Bitcoin transaction as manual financial or money services such Banks.
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Topic
Board Altcoin Discussion
Re: Newbies must be careful
by
qumeijia
on 27/10/2018, 13:54:28 UTC
It is not something new in crypto currency even it is becoming top topic that is most discussed in Bitcoin forum. Ethereum has dropped since the early of 2018 and there wasn't significant movement or raise of it. We should not be a panic sell because it contributes the manipulators towards much profit from this situation.
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Board Altcoin Discussion
Re: Do you still believe in crypto?
by
qumeijia
on 27/10/2018, 13:39:48 UTC
We all know that now crypto currency especially altcoins are becoming worthless because most of them seem losing out the value, but I will not leave crypto currency. I guess and predict that crypto is the future solution of financial services. It provides an offers simple service that probably government is not able to create as it. We should not be influenced as the crack down of altcoins value. It is about future not only at this moment.
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Topic
Board Economics
Re: Economic crash in 2019!
by
qumeijia
on 26/10/2018, 16:04:10 UTC
It will probably be happening because there are many people saying the same as it. It definitely based on the situation and indication where are happening now. It was actually began since several months ago, since Trade War between U.S and Chine. It has much impacts to the world economic stability. There are many polemics and problems raise caused of this Trade War. This prediction of economic crash will reach the peak in 2019 probably.
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Topic
Board Economics
Bitcoin stability
by
qumeijia
on 26/10/2018, 15:53:02 UTC
I am eager to know how do politic situations particular countries affect the Bitcoin stability, is ti really affecting Bitcoin. As we know that Bitcoin is decentralized of blockchain technology and I think that it will not be affected by politic issues of certain states. In other side, politics is affecting of economic stability. It potentially contributes to break or strengthen the economic in many countries. I would like to know other opinions.
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Topic
Board Altcoin Discussion
Re: Ethereum is ICO king, Do you agree?
by
qumeijia
on 26/10/2018, 15:04:30 UTC
It is probably yes, because it is as the first ICO in cyrpto currency. It was created and built after Satoshi created Bitcoin. And Ethereum proves the existence that it is becoming popular because technically it is better than Bitcoin. It doesn't only save assets and transactions but it can save varieties of data.
And think it is proper to call Ethereum as the king ICOs. 
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Topic
Board Economics
Re: Has Trump improved the economy?
by
qumeijia
on 28/09/2018, 00:26:24 UTC
It is hard to find a reliable source of report of Government, even though in my own country, many of press media seems unfair. However, talking about Mr.President of USA Donald Trumps, I think he is increasing the Economic of the states. It can be seen that todays the US currency is becoming the strongest in the world and as his policy there are many currencies are becoming weak. It is probably the proof that He is increasing the economic of US.
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Topic
Board Economics
Re: Why Cryptocurrency threatens governments
by
qumeijia
on 28/09/2018, 00:09:45 UTC
I don't think that Crypto currency doesn't threaten government, but it is just potentially decrease the taxation income our country. Let's imagine if Crypto is used for global currency and it is allowed and legalized as a mean of payments. Every one perhaps won't to use physical money, all are prefer to use Crypto for purchasing and paying (as we know Crypto rules very small tax/fee). It is absolutely decreasing the income of particular states. 
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Topic
Board Economics
Re: Even your fiat is not totally secure!
by
qumeijia
on 28/09/2018, 00:00:34 UTC
You're stating the obvious here, and there's no point even discussing this.

Anything you own, whether it's gold, crypto, cash, or comic books, can get stolen if you don't have proper security measures in place.  That's been known as long as there's been thievery in this world.

Absolutely, there is no point of discussing this topic. Probably she/he should read more and more before dealing to this forum otherwise she/he talks nothing here. Everything or every investment is not secure from steal, but each has a standard security measurement including Crypto currency.In crypto, as long as the users keep the security private key, it will be safe and secure.
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Topic
Board Economics
Re: Swiss Financial Services Company Raises $100 Million to Launch Crypto Bank
by
qumeijia
on 27/09/2018, 23:03:34 UTC
It should be appreciated what Swiss Financial Service Company has been doing, as the decision Launching Crypto Banks. It will probably be followed by other countries who have entity in Financial service precisely. Switzerland want to take the risks where most other countries are avoiding or against Crypto currency.
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Topic
Board Bitcoin Discussion
Re: Who will benefit the most from bitcoin/cryptocurrency?
by
qumeijia
on 26/09/2018, 04:09:41 UTC
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?

I think your friend will definitely not get the profit from bitcoin as long as he doesn't have bitcoin, but it doesn't mean he is not able to have investment in Bitcoin. There are experiences that starting investing in small number, and get much profit. There are many ways to have investment in Bitcoin such as participating in Bounty which will give reward from participants. The most important thing is never think late to involve in Bitcoin. 
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Board Bitcoin Discussion
Re: EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People!
by
qumeijia
on 26/09/2018, 03:44:10 UTC
Many people think that Bitcoin is lucrative investment, yes that is probably right. However, as you said that there is no shortcut or fast way to get success in Bitcoin. All is need much effort and process, people probably wan't do research in process. They mostly just see the result from it.
Therefore, dealing wit Bitcoin is need to learn more about its basic foundations. That is our task today to teach and make new generations of Bitcoin have good understanding about Crypto currency.
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Topic
Board Economics
Re: Whether Getting Married At a Young Age Can Lead To Poverty And Make Poor Economy
by
qumeijia
on 25/09/2018, 13:05:29 UTC
I think get married at young age doesn't influence and affect much to the economical problems or poverty. The most influential thing and strongly affects to the states poverty is education. The awareness of reading and studying are low, this is become major problem in many countries.
Relates to married at young age, it can be decrease and solve by education. It should be a main focus by the government to do and government should engage their awareness of learning to have better quality of their life, and they can get married when they are ready and good financially.
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Topic
Board Bounties (Altcoins)
Re: [BOUNTY]🔶🚀🔶 Rubius - Blockchain Software Company🔥🚀[SOFTCAP REACHED]💰
by
qumeijia
on 24/09/2018, 23:18:05 UTC
#Signature WEEK "8"
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1135476
Telegram Username:@Citra19
Row in Spreadsheet:62
Post
Topic
Board Economics
Re: How to save money on a long-term period
by
qumeijia
on 24/09/2018, 23:10:49 UTC
To save money for long term period without expecting ROI or make more profit form the money, Bank is definitely the best entity of financial service. As you said that it is probably a sign of low intelligence but many people do it. But if you mean that saving money for make more profit obviously Banks perhaps is not be the best decision.
Spending in lands, housing. golds or others properties are the very recommended.
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Topic
Board Speculation (Altcoins)
Re: when altcoins stop following bitcoin price ?
by
qumeijia
on 24/09/2018, 16:06:27 UTC
It seems that Altcoins price is following Bitcoin, in fact is not. Other major crypto currency or Altcoins have own price, and the prices are not influenced by Bitcoin. As Bitcoin, it is influenced by the holders of itself. It should be recognized by Crypto currency users about its price in order not continuously miss understood about the fundamentals of Bitcoin and Altcoins.
In addition, in creating and building Altcoins, the developers are doing the best to have good competition in the market cap of its coins to get high value.
 
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Topic
Board Bitcoin Discussion
Re: What will happen if Bitcoin gets official permission from the government...???
by
qumeijia
on 24/09/2018, 15:33:25 UTC
It is not impossible to get the legitimating the existence of Bitcoin from the government, as several countries have done. The legalization would probably help the entity to improve the financial or economical service system for the customer. And it would also help the civilian to up their financial problems as it involves  money industry.
All economic problems in certain countries probably can be overcame and solved through Bitcoin and other crypto currency.