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141  Economy / Economics / Re: Any help about how the world is run economically? on: September 18, 2018, 10:33:04 PM
Everyone has the right to be rich, but not everyone must be rich. Because there is no guarantee for those who work hard will become rich. Wealth is not a skill that we can easily choose, to reach this position it will require continuous or consistent effort. To be rich, of course, also requires the ability to be able to manage money well which not everyone has. Besides ability, of course this depends on the amount of their income. It is very unlikely that a person whose income is below his life's needs can become rich.

This definitely cannot be overcome by just saying why the government does not print more money than budgeted, will this not be very good and helpful. It is probably yes, but we also need to know the problems that will arise or arise due to massive money printing, this is not a trivial matter. This will cause inflation for the country, a decline in the value of the currency because the purchasing power of society will increase because they have large amounts.
142  Economy / Economics / Re: Reason why other ban cryptocurrencies on: September 18, 2018, 10:16:37 PM
Bitcoin is one of the popular virtual cryptocurrency money. In fact, with the various benefits that Bitcoin has, there are several countries that buy this crypto currency. This happens not without reason, for sure every country has their own reasons. Generally the blocking is for reasons like the following.

- Virtual currencies are difficult to control
- Easy to use for fraud
- Damaging the world of investment
- Used illegal transactions

However, in my personal opinion the reason for the ban must have its own reasons. As for China, which prohibits such reasons, it actually creates crypto currency, which is not much different from bitcoin. They deliberately forbid because they are aware of the benefits of crypto currency, it's just that they are still observing the development of crypto to adopt this system.

143  Local / Bahasa Indonesia (Indonesian) / Re: TETAP SEMANGAT... !!! on: September 18, 2018, 11:10:53 AM
Ini yang sebenarnya perlu dibenahi dari penikmat Bitcointalk forum. Kebanyakan dari kita yang aktif diforum ini berharap banyak dan tanpa melihat kemampuan kita. Kita berharap dari forum ini bisa menghasilkan uang dan seolah kita tidak memperhatikan hal yang lain, seperti kwalitas pengetahuan kita di forum ini. Sehingga saat bitcointalk memberlakukan aturan tentang merit hampir semua dari kita meras kecewa. Kita tidak lebih dari spmmer disini sehingga kwalitas postingan kita tidak diperhatikan. Padalah dalam hal apapun kita juga harus belajar dan menigkatkan kemampua diri kita terutam harus memahami betul dari apa yang kita kerjakan.
144  Other / Off-topic / Re: Bitcoin updated on: September 17, 2018, 10:44:46 PM
I can tell why you don't have any merit based on the fact that you clearly have no concept of what you're talking about. Bitcoin and Bitcointalk are two entirely different things, the fact that you don't know that leads me to believe you're just another bounty spammer. Oh, just checked through your post history, and you're the lowest of the low kind of bounty spammer.

I agree with you. It is probably the reason many people don't have merit. Many new comers today with no clearly understanding of this forum, consequently they don't have no concept of what they are talking about.
145  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is bitcoin unique or place higher than others coins? on: September 17, 2018, 02:36:11 PM
Bitcoin is not only unique, it has a strong and very high value than others. It becomes the king coin and the oldest, its fundamental adopt by other altcoins. There wouldn't other altcoin unless bitcoin is created. It has very solid foundation which cannot adopt by others and it was created very limited. Therefore, it is not influenced by market demand.
146  Economy / Economics / Re: What will happen if the all countries convert to cryptocurrency? on: September 17, 2018, 02:29:43 PM
That is right that Crypto and blockchain technology today are growing fast, and the wide spread is more and more. The time of digital era is sooner. People now days are interested much in Crypto currency due to its offered system. However, it is to hard to convert virtual currency every countries into crypto currency, because it will rise many problems. I think crypto currency will only be an alternative even thought it can be used for payment but can not change and replace the virtual money.
147  Economy / Economics / Re: Trumps effect on the economy. on: September 17, 2018, 02:22:31 PM
I wouldn't like to grade Mr. President of Donald Trump is negative or positive for United States. The fact Donald Trump always creates speculative and controversial policy in many aspects. Recently he has just created very controversial policy that has a huge impact for other countries around the world especially for two countries that suffer economic crisis. Based on I ever read, he is expert in economic management, even he is better than recent president of US in economic side.
148  Bitcoin / Bitcoin Discussion / Re: Blockchain Phones on: September 14, 2018, 02:09:08 AM
According to a report on Coindelite, Taiwan based Smartphone Company HTC is Working on a Blockchain Phone. What is your take on this? Is it worth spending so much on a smartphone? Will it be a success?

Of course it will be worth spending on smartphone. As we know now we can only use PC and computer for bitcoin mining, and it is really expected to create a smartphone storage for bitcoin mining. We should support it, it is as a step to improve and grow the Crypto currency.
149  Local / Bahasa Indonesia (Indonesian) / Re: Apa penyebab Thread di kunci oleh moderator ??? on: September 14, 2018, 02:04:49 AM
Banyak penyebab thread dikunci oleh moderator dan kadang kita tidak tahu alasannya seolah-olah kebijakan tersebut sepihak dari moderator.  Dari pengalaman saya pribadi, saya pernah mengalami hal demikian karena saya tidak mengikuti aturan atau melanggar aturan dari signature yang saya ikuti. Yang kedua kalinya saya membaca sebuah post, lalu saya mengkopy beberapa kata dan kesalahannya saya tidak meng-quote kata-kata yang saya kopi. Akhirnya akun dan thread saya dikunci oleh moderator.
150  Alternate cryptocurrencies / Altcoin Discussion / Re: Short term Trading investment or Bounty campaigns? on: September 13, 2018, 11:33:43 PM
I love bounty campaign, I'd like to participating bounty campaign than short term trading. Short term trading is wasting my time and energy because I should always watch the market movement. Bounty campaign provides a huge reward for the participant as long as the participants follow the rule till the ICO ends. And it is not wasting my time, I just need to finish the task every week and can hang out after finishing it.
151  Alternate cryptocurrencies / Altcoin Discussion / Re: Why everyone becoming the holder? on: September 13, 2018, 11:28:04 PM
They become holder now for their own secure of their profit. Because holder become a great decision when the bear market if falling down. Of course all investor or coin holder will not sell their coin in that situation. Holding is a better decision for certain time. I personally prefer to hold my coins and wait fort he market rise up the price.
152  Alternate cryptocurrencies / Altcoin Discussion / Re: SLeepless nights doing bounty campaign is it worth it? on: September 13, 2018, 11:03:00 PM
It depends on the individual because not all of them who participating in bounty campaign and sleepless night is worth, even they get much reward from the bounty campaign. It is the individual choice and decision. Therefore, we should improve our knowledge and understanding about bounty campaign and crypto currency. We should read a lot of information to get better comprehension and understanding about crypto. Not just thinking about the reward and money. All we do is to prevent and to know which bounty is scams and trust.
153  Economy / Economics / Re: The new economic crisis is the transition to crypto. on: September 11, 2018, 11:07:39 PM
I do not think so, this economic crisis suffer by several countries because of US President policy about commodity things. Be sides He increase the taxation of import commodity, US government also limits or bounder the number of imports. And this trade war has been happening for a long time. We know US Dollar is the strongest currency of course it has huge and big impact when this authority created and launched a policy.

However, it is an opportunity and challenge for Crypto to spread and explore the existence while this economic crisis happening. Crypto should prove that it can solve and utilize the world currency, hopefully become a good solution for this problem.

154  Economy / Economics / Re: What will happen if the all countries convert to cryptocurrency? on: September 11, 2018, 10:52:23 PM
Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?


It sounds good but it will be a big problem around the world. There will be a global economic crisis and even global economic war. It has many impacts to the world economic stability, all countries must lose their income from the trading commodity, taxation from import and export things, and etc. It happens because people no need to pay taxes of their purchasing and other transactions due to the free system of crypto. It will be a flaming everywhere.
155  Other / Serious discussion / Re: Is HODL is a good policy? on: September 11, 2018, 12:31:47 PM
Holding or selling decision has its own advantages and values. Each decision depends on the individual whether the individual want to double their investment with the risk or even they prefer to hold due to the secure reason. We can not say one of them is worth and one is worse because the decision made depends on the individual. It is the individual believe. 
156  Other / Serious discussion / Re: Successful ICOs have these in common on: September 11, 2018, 12:23:38 PM
ICO scams have become increasingly common, it takes considerable work to sieve through the huge numbers and get to the good ones. Here are some indicators that could be a template in making your own choice, The list is not exhaustive , please feel free to add yours and help us build a better forum.

1. Project Concept or Idea- what stands out with the project? is it another 'payment' coin with no additional innovation or something mind-blowing

2. Team -A great project will not succeed without a great team, proven expertise and integrity, you may need to use "reverse google image" to ascertain if they are real

3. Board of Advisers - Great projects usually do not fall from the skies, there is usually some build-up to it,and involves respectable personalities giving some guidance to the project

4. White Paper - If the white paper is bad or plagiarized, there is really nothing to work on.

5. Feasible plan- Is it a plan that can be implemented, not just on paper

6. Website- should not be crappy ,great projects have nice and easy-to-use website loaded with information about projects, no malicious links

7. Marketing and Promotions - Project must have a good reach and publicity, usually reflected in social media activities

8. Legal Compliance - There should be enough legal back for he project, no restrictions or government regulations against it

9. Code Security - Ideally should be public and safe ,without bugs

10. Token Issuance and distribution -  Fair distribution to teams members, advisers, community, reserve etc.

A good project will score high in all these fronts.
Please add your own views

yeah, a great and successful ICOs must have those characteristics. A great ICOs must be developed by great team inside, the crucial thing in ICOs is the team developer. They must have good individual work and team work. ICOs perhaps can not reach the goal without their contribution or their hands.
157  Other / Serious discussion / Re: How do you feel about not psysically know people from the forum? on: September 11, 2018, 12:14:51 PM
It doesn't matter we are interacting and treating with people not physically know them, just the name. We never know the personality. It is as the consequent of the improvement of technology which makes the world seems smaller because we can reach the world only by phone. However, it should not hinder us to interact to others, wherever we interact the most crucial is morality and good behave.
158  Economy / Economics / Re: Are loans - part of debts? on: September 11, 2018, 12:46:33 AM
I'm unable to find a precise classification and/or similarity between the two words - debt and loan. Should we consider debts (where people are helped financially or in a way they want that help - and they need to pay it off either in instalments or at a go, be it through paper money or by any other means according to the agreement) as loans OR Is there anything that could help us classify both these terms and show some dissimilarities and differences between them?

I agree that it is hard to define and classify between loans and debt. In my understanding, loans means something that given to use and take the advantages of it. And it should be returned back to the owner precise like the first time accept and base on the agreement. When the loan thing is broken, it should be changed by the similar thing and value. In other side, debt giving something to use and take the advantages and it should not return back with the same thing, but only same value. Sometimes we miss understand about the term of loans and debts, both are not similar. For example, sometime people probably say borrowing or lending money. It is not loans but debt because we should not returned back the same money while we borrowed. We just need to return money with same value.
159  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum drastic decline on: September 10, 2018, 11:06:28 PM
Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)

and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.

I am holding Ethereum for about a year, I am waiting and expecting the price will rise as 2017 which Ethereum reach the top value. In fact, since the end of last year, Ethereum seems losing out its value, till now it is still with the lowest score. I am wondering whether Ethereum will survive in crypto currency or it will remove and completely lose its value. 
160  Bitcoin / Bitcoin Discussion / Re: A challenge from bitcoin in 2018 on: September 10, 2018, 10:59:53 PM
This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

Comparing the price of bitcoin in 2018 with 2017, now is lower. Since the endof 2017 bitcoin has been dropping. However, the price is stable than altcoins. Let we see the altcoin price such as ETH, XRP etc. The down was very significant there are many people moan about this. But bitcoin is still stable on that price. wait for the day.
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