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Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks 
There is an other way buying goods with crypto and sellinh them as second hand goods. I have friends who made this with dedicated shopeing cards.Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what? Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.
The sale is only another marketing strategy known by everybody. It is true that in countries like U.K. sales are serious business (for a forged price you may lose the store) but this is not available for the rest of the world.I am Just see a news.
And i am existing for it.
Facebook like to launch a cryptocurrency!
I see this news on: BBC News
Link: www.bbc.co.uk/news/amp/business-48383460
In this article, there was a subtitle something like Facebook bans all the crypto-currency adds so it is very interesting, the two pieces don't misc.And i am existing for it.
Facebook like to launch a cryptocurrency!
I think this project successful easily. Becuse, Facebook is most public social site. Many many people use Facebook for communication.
I see this news on: BBC News
Link: www.bbc.co.uk/news/amp/business-48383460
Sales are everywhere. Sale on shoes, bags, shirts, gadgets and everything. Malls and shops use this technique to attract buyers, but you know what? Do you think you've been discounted a higher price than ordinary? No. Instead of saving 20%, you spend 80% on things you dont really need. This is not economical and most of us are easily lured to it. This is what i hate about people. When there's useless trending items on sale, they buy immediately even on credit cards but if bitcoin drops, they talk negative about it. Normal mindset wants to get temporary attention. Not permanent comfort.
You may find products with a good price, but considering the marketing campaign behind every sale, mostly is manipulation of the customer.A guy bought a very big house, which triggered an argument on a telegram group.
some people were arguing on a telegram group that they guy couldn't have bought the house with only trading profit....some insinuated that he must be into other businesses.
I laughed at their ignorance.
Why? Because I know that even in this present market condition that some skilled traders are making a killing.
I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
Not every transaction is a success and the big fish don't talk about big failures, risk is a must have but it must worth it.some people were arguing on a telegram group that they guy couldn't have bought the house with only trading profit....some insinuated that he must be into other businesses.
I laughed at their ignorance.
Why? Because I know that even in this present market condition that some skilled traders are making a killing.
I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
I agree with it, something similar with inflation, there was times in certain country, mostly after WW II, when a bread for example was couple millions in the national coin. Volatility is bad for the business if you dont have control.What do you think about this argument?
Re: If the government supports bitcoin instead of the existing currency.
Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
A good experiment in this sense is USA and Europe start trading with the equivalent of crypto national coin (USDT an Euro), this could be easier to be accepted in the market then replacing a national coin with Bitcoin.There is not even two people similar regarding personality and rationality so it is impossible to make a equal financial world for everybody, this is impossible on a small scale like a small village or a family. Everybody like something else so there are different kind of expenses.
Unfortunately i am not that specific type of person who is well organised, something like i can go shopping for food only once in two weeks. For this organised persons it is possible to have a life without cash but for those like me...it's impossible.
So basically you want and high reputable exchange that never be a victim of hackings or not possible to get hacked so it will be totally safe for everyone to store their funds? That kind of exchange won't be exist, hackers will be always smarter time by time. Also, everyone are supposed to not storing their assets on any exchanges. You can trade and make profit there but store your assets only on your private wallet.
We don't need to have that kind of exchange as we are supposed to trust no one.
A solution could be an exchange made by hackers?! Where is wealth there is always some who wants to take it away.We don't need to have that kind of exchange as we are supposed to trust no one.
I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
The first step in this direction is reglementation of this market. The technology is world wide know as well as the benefits of it but with no legal sustain is complicated.