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101  Economy / Economics / Re: Does money make you rich? on: July 16, 2018, 11:54:32 AM
To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money

For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
money isn't everything but everything needs money
102  Economy / Economics / Re: why do people agree to pay taxes? on: July 16, 2018, 11:40:34 AM
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
there always something that the government can do, and i think this is a way of fool to against the government, you don't know the army power that you will facing
103  Economy / Economics / Re: Government Furious on: July 10, 2018, 01:27:26 PM
until now  government won't to penetrate the system o crypto if they going to legalize the btc they do it to gain something 
but its better to collect tax in a bitcoi earner than to provoke the government  and make them realized that btc is no benefits in the economic if they do they just banned it in a whole country making the btc price fall
yes they can't take something from this crypto transaction, they can't even have any tax regulation about bitcoin or other decentralized cryptocurrency
104  Economy / Economics / Re: When is the best time of the day to study about Economics? on: July 10, 2018, 01:10:03 PM
For me, economics is about the world around us, it’s current, it’s always changing, it’s always interesting. Economics teaches how to make well-informed decisions. A large part of the subject is decision making: what should the government do to cut the budget deficit, what should a business do to raise profit margins. It teaches us how to go about making choices, which is vitally important in business. i don't think there's a good time to study economics, the most effective way is learning by doing
105  Economy / Economics / Re: Why most bitcoin users from good economies countries? on: July 10, 2018, 01:03:59 PM
We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.




Advanced countries don't only have the big economies but they also have the facilities to aid the penetration of bitcoin compare to several other countries and the reason why I think the United States is at the fore front is because of the amount of freedom its citizens enjoy no matter how they want to control it. Facilities that are lacking in some poor countries of the world are

1. Internet especially in third world countries is still a very scarce commodity and expensive one in which we all know that knowing about bitcoin alone is dependent on this essential commodity.

2. The level of education, in the advanced world, the literacy level of there is very much high where you will hardly see someone that didnt have any formal education  but down to the third world countries you are even unable to count the amount of population that does not even know that a computer exists.

3. Another issue of concern is adequate statistics which is something that the advanced countries have lacking in the third world countries.

Summing all the above together, I don't expect anything different in that statistics and for the third world countries, it only shows that there is a long way to go.
an easy to understand conclusion is that everything needs a good place togrow well, it is hard to grow something in a place that lacks support
106  Economy / Economics / Re: Which Asian countries have the greatest influence on bitcoin? on: July 09, 2018, 08:22:57 AM
The JAPAN the most influence on BITCOIN thats why their country booming making them increasing all their demand and suppliers and help other country also to booming
yes, Tokyo’s place as Asia’s financial epicenter has been diminished in recent decades by both Singapore and Hong Kong’s expanding influence. Many experts see cryptocurrency as a new path for Tokyo to regain its prominence.

As the world’s earliest adaptor to recognizing cryptocurrencies spending potential over 10,000 companies in Japan are now accepting payment in Bitcoin. Including Peach Aviation its largest budget airline which just announced that it will continue plans to accept crypto payments by March 2018 despite the Coincheck hack. Meanwhile, Mitsubishi UFJ Financial Group, the world’s eighth-largest bank, is developing its own cryptocurrency, known as MUFG Coin.
107  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 09, 2018, 07:56:55 AM
Bitcoin is not under the control of banks,and banks want to stay on top and with no one trying to rival them,and the IMF,using bitcoin breaks this dominance,and governments and banks lose control of it, and more of it because it’s decentralized and therefore isn’t controlled by anyone.
108  Economy / Economics / Re: why the state does not print a lot of money? on: July 09, 2018, 07:39:31 AM
why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
The problem is that printing more money doesn’t increase economic output. Money is just a piece of paper that the government assigns numerical values. In other words, the more money a country prints, the more it is devalued, which leads to inflation (rise in the prices of goods and services).
109  Economy / Economics / Re: Reason we pay taxes and why we should on: July 05, 2018, 01:41:58 PM
What happens if you are in a third world country and there is massive corruption? You pay taxes and there are no roads, schools, or any essential public utilities. What you do see is the politicians and their cronies getting richer. Would you still argue that everybody should continue paying taxes?
well i can say there will be a chaos, when our money that we expect for the facilities turns out to make some people rich, there will be justice, we pay taxes for the good of ourself
110  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty Rewards: Sell immediately or HODL? on: July 03, 2018, 01:33:29 PM
I've been doing bounty campaigns only since December 2017.  Not long, in the scheme of things.  But one thing that truly surprised me during the last couple of months is the number of bounty hunters who look to sell their tokens ASAP.  At first, I didn't understand why, but I think I'm beginning to.

For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking.  So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion.  I think this will give the best realisation of value on the tokens.  Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.

So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.

But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive.  Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount.  And that's when it struck me...

Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.

But I really don't know if my assumptions are correct.  So, my question to you is...

Do you sell your Bounty Rewards straight away or HODL?  Any insight into your reasons would be appreciated.



## If this post has been thought provoking for you, I'd really appreciate a bit of Merit in return ##
it depends on the situation, if you need a quick money just sell it, if you think its good to hold, just hold it
111  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Unpaid bounty on: July 03, 2018, 01:30:28 PM
When you have followed some bounty then at the end of the bounty they promise to distribute their tokens based on the time they have specified. But in fact, after waiting some time token not sent. What's worse, it turns out bounty that we have followed is a scam.
How do you deal with this while your time has gone to work on bounty to promote their projects.
bounty is like opening a box of chocolate, you'll never knew what you get, i take several bounties at once, and keep maintain it, whenever there is a scam, i stop to work for that bounty and search another one to replace it
112  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: myetherwallet is safe or not? on: July 03, 2018, 01:23:02 PM
Hello guys , I would like to ask this from more veteran people here if MEW or shall we say myetherwallet.com is safe or not..?
Some of my colleagues said that myetherwallet is not safe because there maybe some intruders with wide and depeest knowledge
When it comes to security bypass could get access of your account at myetherwallet? Please
Help me answer this if mew is safe or not.. Is this a user fault to expose their private key or there is.someone could really
Access our account .. using security bypass? Please thank you.
i'm still use the MEW until now, and still safe, if you want to be more safe, try to use the hardware wallet
113  Economy / Economics / Re: The HODL strategy is not actual on: July 03, 2018, 01:15:16 PM
its depends on your style.. if youre an investor your strategy really is HODL for long term but if youre a trader ofcourse youll trade when you already have profit and just buy again at dip
using this strategy you need time, and you have to maintain your coins, and this strategy needs time, if you want a fast money, why don't you join the trading?
114  Economy / Economics / Re: Do you approve this strategy: sell alts buy btc? on: July 03, 2018, 01:12:02 PM
I never want to invest on any of altcoins by selling my bitcoins because I knows that bitcoin has more potential than any other coins so it will give more benefits in future if we hold until,if you invest on altcoins you can invest the amount from profits of your bitcoin.
i agree with this, because bitcoin still dominate all coins in cryptocurrency and have the largest price of all
115  Economy / Economics / Re: Reason we pay taxes and why we should on: July 03, 2018, 01:04:57 PM
in these days we can't expect everything to proceed with honesty and fair, there must be things that are abused and cheated
116  Economy / Economics / Re: What i believe will come on: June 29, 2018, 12:14:51 PM
but this will need a long time to make it real, crypto is a newborn baby in the economic world, need a lot of effort and introduction to the world to make what you believe come true
117  Alternate cryptocurrencies / Altcoin Discussion / Re: Token bounty must hold or sell? on: June 29, 2018, 12:10:07 PM
Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty

For me, if I ever received my coins already I would also dump my coins for my profits and would not hold for so long. I would trade it to get some satoshis.
you are lucky enough to get the bounty that pays, i prefer to hold i, but if you want a quick money just sell it, let's say that it is your salary
118  Economy / Economics / Re: Digital Money = Cashless Society on: June 28, 2018, 11:53:35 AM
i live in Indonesia, and still using cash al the time, but lately the government try to make this country cashless, i can see it from how i pay the highway i use the electronic card, well cashless system still growing in my country and i hope that this system can grow optimally in my country to make everything in payment more simple, easy and safe
119  Economy / Economics / Re: why do people agree to pay taxes? on: June 26, 2018, 12:43:04 PM
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
i think tax are for the local needs, we pay taxes for ourself , all the taxes we pay are manifested in the form of facilities such as roads, bridges, bus station, well we all know some people misuse the taxes that we already paid
120  Economy / Economics / Re: how many coke cans you can buy with one dollar in your country? on: June 26, 2018, 12:32:45 PM
how many coke cans you can buy with one dollar in your country?
I want to know the buying power for the dollar in different countries.

In Egypt, one can buy 3 cans (350ml) of coke for one dollar approximately
if US dollar is your standard, in my country indonesia i can get 2 cans (350ml) coke
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