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101  Economy / Economics / Re: Population: Economic strength or weakness on: September 19, 2023, 07:33:53 PM
Having a large population can be both a strength and weakness, depending on the quality of the same. If the population is highly skilled and educated, then it can be an advantage to the country to have such a large population. However, if the population is of low quality, then it can be a burden to have a huge population as the government needs to spend a lot of resources on education, employment and medical care. African nations do have a rapidly growing population, but they are in poverty because the population is not sufficiently skilled. 

Yes sure that everything has some benefits as well as disadvantages now its up to the country that how they think? Will they take benefit out of higher population or they will it as a burden?

If there is larger population then resources should also be increased because if resources become limited then some will deprived of it.  Cost of thing will also increases because there will be little amount of materials to cover the needs of humans therefore government will rise the price of such materials.

While among its advantages one is the creation of new technologies if an individual of a country becomes creative and talented. Government income will also increases because larger the population larger will be tax cutting from their income which will be added in the income of government
102  Economy / Economics / Re: It's good that financial instutions Understood that they need to use crypto on: September 19, 2023, 07:14:46 PM
I agree with you regarding on the actual question that should be raised. As we all know some institutions prefer one over the other due to various reasons, including how beneficial it will be for them and if it is legally allowed and accepted in their region. After all, no institution would wish to adapt a system that will put them against the law, risking legal charges. 

The use of bitcoin is not allowed by some institutions because of illegal activities and the leaders of countries also not allow it as the citizens will directly involved in those activities through bitcoin  which are not consider as good for country.

Institutions work according to the rules of country so they will never violate the laws which are set by government and if bitcoin is not accepted legally then no one can use it until a government allow you to do so. If it become legally accepted in all countries then there is a hope that all institutions will only accept bitcoin because of its successful rate.
103  Bitcoin / Bitcoin Discussion / Re: My passion on bitcoin on: September 19, 2023, 06:04:54 PM
Bitcoin is one of the most important things to invest in if you have the money to do so. As long as you are knowledgeable about bitcoin and conduct thorough research before making an investment decision, I believe you are free to do so. Even though bitcoin is a decentralised currency and we all know that, there are some countries that it is not accepted in, you are making a good decision by investing in it. In fact, you want to ensure that your future is bright.

Another thing you need to know is that investing in bitcoin is not an instantaneous process where you put money in and immediately reap the rewards. The majority of newbies who join forums believe that investing in bitcoin will make them wealthy over time, which is why they find it difficult to do so or to participate in forums.

Among all assets bitcoin is the first priority because it is digital asset that provide you a confirmed earning ability. But one should not think that you will win in a single day because quick profit means that as compared to other assets like gold and real estate the bitcoin investment can give you abrupt profit as fast it reduces so with the same speed it recover back easily.

Before investment remember that you will leave your invested money for upto four years so you will be calm and will not worried about market dips and pumps.

Those who think that they will buy bitcoin and in a month they will be Millionaire so their  thoughts are not good and it will make them discouraged therefore if you want quick profit in a month then you should choose another way because bitcoin is not such a way.
104  Bitcoin / Bitcoin Discussion / Re: Halving is Going to Cause a General Effect on all in the Ecosystem on: September 19, 2023, 05:18:49 PM
I would say this is just a reminder for every one of us and new thing for the newbies. It’s most awaited event by bitcoin hodler since there is high chance it will pump Bitcoin economy to next level. The previous mapping suggests we get a big dip first, then we end up in high pumping zone once FOMO is out. This is big event for the millionaires, institutional investors, and most of the big companies to get lot of Bitcoins in their bags. They know very well when rest of the word is fearing out their sells, it’s time to buy and hodl.

Hope so most of the forum members have learned the lesson in previous 1 or 2 halving events if they had been around for that much time and hodl by not freaking out. Good times coming boys, hope so we get good bag of bitcoin soon. 

After each dipping there is always a pumping mechanism through which bitcoin elevates. As some months are remaining so we don't know that will there be dip or pump but we are sure that next year will make all of us happy.

Those who have collected bitcoin and also those who are still collecting will be thankful for their achievements due to their accurate choice so if someone have not choose bitcoin yet should must buy it before it gets too late.

People often don't take benefit from the opportunities and when the time passes then they saying crying that they were not familiar that the opportunity was such a great.
Always try to search about new technologies that can make you rich because in such condition spending your freely is not possible therefore select bitcoin if you want to take advantage of coming great opportunity.
105  Economy / Speculation / Re: The Bitcoin market is back on track on: September 19, 2023, 04:39:04 PM
The positive thing about Bitcoin this year is that it's very much stable in between 25k to 30k for last 6 months. Never I saw Bitcoin so stable in such a small window and this is something very positive. As a Bitcoin investor now I have a feeling that Bitcoin is not going down drastically (as it happened in the past) and this is actually boosting the confidence of people to come and invest in Bitcoin. Price stability is a problem Bitcoin inherit from very first day and there wont be Bitcoin adoption globally unless price gets stable. 

Positivity is coming in the price of bitcoin day by day and there is nothing more beneficial that the price of bitcoin remains stable between 25k$ to 30k$ and hopefully it will rise more than this.

Bitcoin's positivity attracts the crypto user and it may also be possible that the acceptance of bitcoin by numerous individuals move Bitcoin's price towards positivity.

There are many reasons for Bitcoin's movement towards peak among which one is also halving. As four years ago the halving periods was for lengthy time means that the price will be higher again for more months therefore people can easily get their rewards if they understand the market well.
106  Economy / Speculation / Re: Impact of bitcoin price speculations on individual bitcoin holding on: September 19, 2023, 04:00:44 PM
In my opinion, we should stay away from the predictions of so-called experts because we cannot know whether what they are doing is helping the community or someone is paying them to say those things. We should research and make predictions ourselves, even though they may not be correct, but at least we will learn from experience for ourselves. We are investing with our own money, we must be responsible with our money, we don't need anyone to teach us how to get rich because no one is kind enough like that.

prediction is not as easy as the people says therefore people always follow other's prediction as they are newbies and they don't know what to do. But once a person get experience then his believe is made which encourage him to take all decisions by himself.

Believing others is also not advisable because every other person is now making an account to share their signals but who knows that the provider is true?

Although we cannot make a guaranteed prediction but we can make our mind clear through reading and searching about the exact coins and about its past so by concluding we can make our decision strong and profitable.
107  Bitcoin / Bitcoin Discussion / Re: I took a proposal to my State Governor to accept Bitcoin Technology on: September 18, 2023, 06:16:30 PM
This is impressive move ops,  pushing for Bitcoin adoption by government is one fight that needs all the encouragement and seeing that you went as far as booking an appointment with the governor is an awesome move.


I can see that is easy to access government officials in your region and I encourage you to take out the time to properly educate the governor on the importance of allowing Bitcoin as an alternative.  

That's true as in our country talking with governor is not as simple as op done and also the governor does not listen patiently about such concerns.

Op is lucky and bold enough that he describes each and everything about bitcoin to governor of a country and he accepted it without any reason.

The step is very beneficial because bitcoin investment will surely put profitable effects on the economy of an individuals as well as country.
108  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be the biggest means of fulfilling dreams in the future. on: September 18, 2023, 05:39:24 PM
Bitcoin will be the biggest means of fulfilling dreams in the future.

Many types of dreams remain in our minds since childhood.  Those who are a bit middle class in this society are more suffering.  Because they see a big dream but cannot make that dream come true.  So for the middle class Bitcoin will be a medium to fulfill the dream.

Why investing in Bitcoin will make dreams come true?


In today's society, those who are middle class.  They don't have much income.  But from the outside, he doesn't let anyone know that he is having a hard time.  His income runs out to support his family.  If you collect some amount of money in a month, you can't dream too big with it.  So if he keeps buying the rest of the bitcoins.  Then sometime go and get a good amount of money.  And we know that Bitcoin prices fluctuate.  And whenever the price of Bitcoin goes up, he will profit.  That will help him fulfill his dream.

A man from middle class family do not have much money because they cannot keep control on their expenses as their children are more and salaries are not enough. Even if they saved some amount in their monthly income they cannot make use of it in bitcoin investment because of volatile nature of bitcoin.

If they invest in bitcoin then during bear market they cannot make their feeling suppress to hold it more for getting profit therefore it is not important that if you invest in bitcoin you will necessarily get profit because it requires your skills and abilities to reap the benefit just holding is not required to have an outcomes full of profit.
109  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: September 18, 2023, 05:07:47 PM
Simply put, no one can be successful without adequate education and knowledge. We may not have a university degree, but to be able to do business or do any job, we need to have education and basic knowledge in that field.

Investing in bitcoin is the same, it is like all other fields, we need to have knowledge about it if we want to make money from it. Investing without knowledge is called gambling, winning or losing depends entirely on luck, our fate is no longer decided by us.

Knowledge and skills both are compulsory like if you have all degrees but don't know anything then there is no need of such degrees because skills matters more.

Same is the case with bitcoin if you have knowledge but don't know what to do under specific timing and for how much timing you will hold it then it's not a good selection.

And if you hold bitcoin but don't know to sell it in Bull market then your knowledge and holding both are useless therefore make use of holding as well as knowledge under appropriate circumstances.
110  Economy / Gambling discussion / Re: Importance of Gambling to the society on: September 18, 2023, 04:18:27 PM
In every society the conditions are different like in our society gambler never thinks about others and bet for only their personal profit. If it was such a beneficial thing then it will not be banned in our society.

Instead of charitable character gambling often insists a person to be a part of those job which is not consider as a good process in our society. People are in favor of gambling that it provides money for helping others but according to my opinion gambling completely spoils the life of an innocent people.
111  Economy / Economics / Re: Business failure among small-scale entrepreneurs on: September 18, 2023, 11:52:07 AM
Although it is good to listen to other people's experience to learn from their mistakes and good decisions, having a hands-on experience and knowledge is still better when you are starting a business. You have to know everything there is to learn about the business you are starting in order to have a full control of everything. Moreover, I agree, having a plan is always the best way to go on with things as it prepares you to face any challenges your business may face and with a plan backing you up you'll have a detailed idea as to what decisions to make in order for your business to succeed. 

Without an experience you can led the foundation of a business but business success cannot be possible because if you have no idea that how to attract costumers, how to show your products to them and how to manage the rate with costumers then you will not get profit like other successful businessman gets.

Make discussions with those businessman who are profitable so you will be engaged with his planning and strategies which he use in his successful career and also you will have experience of working.
112  Economy / Gambling discussion / Re: How will you feel if it happens to you just like this? on: September 18, 2023, 11:03:24 AM
If a person once undergo through the feelings of success and large amount of money then what do you think will this taste be ended? No. Once a person realized that how worthy is it then be never let it go without getting more.

Dreams never ends so if you get larger sum then you will wish to play once again to get even more but unfortunately this dream will turn your meaningful profit into empty bucket containing no bucks.
113  Economy / Speculation / Re: $30000 is becoming the resistant price on: September 18, 2023, 09:46:22 AM
Your prediction was true as you have mentioned that price will go more down so yeah it was down but now steadily it recovers back like that was 25k$ but now it is above 26k$.

Despite if its dumping price it is still consider as a worthy coin and if such dump was occur in other Coin's price then surely everyone will be in favor of selling it but as bitcoin revealed high potential of profitability so everyone will keep bitcoin with patience.

This gradual increase will turn the price back to 30k$ or more than this because people don't loss their trust in bitcoin and continuously putting money into it.
114  Economy / Speculation / Re: Will there be a boom again? on: September 17, 2023, 05:31:09 PM
You went to university for study so there is not a better thing than study. You completed your study now you are free to invest in bitcoin.

you did not waste your time because if one Bull season have been passed so there will be lots of other bull season coming and as you are talking about bitcoin so this suggest that you have some knowledge about it which is a great chance to reach your destination.

Now the price again lower down which is best time for you to earn money through bitcoin investment and when halving reaches so your wait will be over to take the money in elevated form.
115  Bitcoin / Bitcoin Discussion / Re: My passion on bitcoin on: September 17, 2023, 04:28:47 PM
It depends on how long they hold the bitcoins. I see people constantly saying that bitcoin is a good hedge against inflation but for those who bought bitcoin in 2021, the value of their assets is even worse than being eaten away by inflation. Bitcoin has dropped more than 60% from its ATH. To me, bitcoin is a good inflation hedge if one holds it long term for at least 1 market cycle (4 years). For those who hold bitcoin for 1 or 2 years and especially during bear season, it will not be effective against inflation as it can lose 50% of its value in a year. Gold is still a better bet than bitcoin in the short term.

By holding bitcoin for one cycle means that a person will face the whole characteristics of bitcoin like that are ups and downs as well as special events such as halving because halving occurs after every four years.

So if you keep hold your bitcoin for four years and halving arises in this duration of holding then you can easily take benefit out of it. Holding is not a difficult work but if your money is not needed for other activities.

Gold is better for short term because in previous week the price was not so good but now again it reaches the value more than the actual price so if someone put money for a month he can get the benefit easily from gold.
116  Economy / Economics / Re: Save your environmental economic cycle on: September 17, 2023, 03:47:48 PM
When I usually go to the market I tend to buy from those people that are selling their vegetables beside the road because that is more fresh and cheap than in the market that has stalls because those people are really in need of money and at the same time you are sure that it is fresh and cheap.

If you have spare land or even a backyard it is best to plant your own crops just to save money. If not you can go to the local market and it is better to buy from those individuals that have no stalls because they are the cheapest and also fresh.

your job is great and instead of selecting fresh vegetables and fruits you are also helping them in selling of their fruits because most of the people prefer only those food which are present in shops.

I think we should help those people who are poor and they put stalls to earn money for their children. In market fruits and vegetables are so expensive that a person belongs to middle class family cannot buy it so if we focus on the seller who Put stalls so it will be beneficial for us to buy in affordable worth and will also be profitable for sellers.

Management of your own land to grow fruits and vegetables is completely advantageous but now a days people are so busy in their jobs that they have no time for gardening and agriculture.
117  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 17, 2023, 11:24:24 AM
The batting of Sri Lanka is very bad and 8 players are out in 40 runs in 12.3 overs. Today match is a bad one in all the matches of Asia Cup and it is very hard for Sri Lanka to obtain more than 100 runs.

This match will be end in approximately 18 to 20 overs and four players are out on zero run namely kusal perera, Sadeera, charith and dasun. In the team of India Muhammad siraj performed good bowling and took 6 wickets in 6 overs. It is 100% confirmed that India will win this match easily.
118  Economy / Economics / Re: Entrepreneurship and women on: September 17, 2023, 10:55:04 AM
It's more about the psychology that differentiates men and women, but I think in the current era of implementing gender equality, there is no such thing anymore because everything goes back to education and knowledge in business and if we look at those who take education, both women and men are now equal.
I think there is no significant difference between the two, men and women in business, it all comes back to oneself and the knowledge one has. I don't believe in self-innateness because all of that can change with development and the knowledge one has.

Yes both girls and boys are getting equal education therefore in every college and schools there are females teachers same is the case with other fields where large number of females works similar to that of male workers.

Although females can do anything in a society but they faces great troubles because they are not strong enough to face every challenge.

The decision of females and males are very different from each other and I think as strong a male's decision is so females cannot make such a strong decision therefore male are going ahead in entrepreneurship.
119  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 17, 2023, 09:16:08 AM
Today is final match of Asia Cup between two teams India and Sri Lanka. Sri Lanka won the toss and choose to bat first and if there is no rain then match will be very interesting.
India team is very energetic and batting, bowling and fielding of India team is good. If Sri Lanka targets competitive runs then they will surely attain 260 to 300. Kusal perera and kusal mendis are good players so there is a hope that they will perform very well to make the match competitive and Fifteen minutes has been left for Initiation of Match.
120  Economy / Economics / Re: Food Crisis - Improved, Worsen or still the same in your country (No Change)? on: September 17, 2023, 06:50:32 AM
If the food crisis has something to do with the inflation of its price then all I can say is that the situation is worsening.  With the agricultural land being converted to housing, industrial, and commercial land, the food supply is getting thinner.  As a result, their price in the market is almost doubled.  This problem is enhanced by these people who hoard the food supply even making the price skyrocket. 

Everything is very expensive and because of this higher cost one will be unable to eat well and there are lots of people who just take meal but their diet does not contain any healthy food.

You will have experienced that in past the price was not as higher as that is today which implies that health issues were not present in past people as much as that is now present in today's people may be the cause is unhealthy expensive food.

One reason is the war due to which the price become increasing because when war initiate then food producing countries ceases the exportation of food to the neighbor countries so the neighbors countries elevates the price of existing minimum resources of food.
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