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141  Economy / Economics / Re: Bitcoin holders will have to pay their tax? on: July 26, 2018, 08:44:37 AM
If bitcoin is already regulated taxation will be applicable to all transaction depends on. the law that will be imposed by the government of each country and we cannot do anything about that but to follow the law and pay taxes.
Proper bitcoin has been prescribed for taxes to be applied to all dependent and related transactions.
The law will be imposed by the government of each country and we can not do anything about it but must obey the law and pay the tax is possible.
However, I hope the tax will be fair and civilized.
142  Economy / Economics / Re: The Reason For Creating a New Cryptocurrency? on: July 26, 2018, 07:38:43 AM
According to my inference. There are many reasons to create new cash flow.
It is possible to mobilize capital to push up the market and accompanied by the top ranked currencies.
It could also be a big bid for big investors.
But in my opinion, outdated currency is not good for the community, it needs to be changed or repaired.
Let it give value to the user community and investors.
That is the thing to do.
143  Economy / Economics / Re: Are we really heading towards another financial crisis? on: July 26, 2018, 07:34:14 AM
It depends on your thoughts and actions.
The financial crisis is based solely on guesswork and unspecified comments.
All your actions also contribute to the market community.
However, according to the professional investors and the heads they will know what to do and have specific plans.
And the crisis will be unlikely. I believe so.
144  Economy / Economics / Re: Silver is loosing ground due to rise of cryptocurrencies on: July 26, 2018, 07:29:52 AM
Gold and silver will not lose value and if any drop in demand is temporarily & it will return to normal in the long-term.
Perhaps the rush to buy cryptos in the past two years has led to a weak turnout in silver as the gains made from cryptocurrencies are much more precious than precious metals.

Now the recent survey shows that silver is losing ground due to cryptocurrencies, and these precious stones are now getting cost stabilized.
I did not understand this point, gold and silver are considered a safe haven that means they are characterized by a stable price and low volatility

Well you know it's like many investors buy gold and silver as investments this is more evident in the developing countries and now since Bitcoins and other cryptocurrencies are getting introduced people are now buying cryptocurrencies and gold and silver due to less number of investors now is loosing ground .
Yes. Investors are buying gold and silver when the investment is clearer in developing countries and now since Bitcoin and other electronic money are being introduced aggressively.
The number of people buying gold will decrease instead of people buying electronic money fast and high interest rates.
Jewelry is just the real jewelry for today. Less fluctuations.
145  Economy / Economics / Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer? on: July 26, 2018, 07:19:48 AM
Many people became rich thanks to the crypto currency. But that to achieve success in this business you need to work hard, to explore the market and be patient. It all depends on the ability to manage your time and money.
Exactly. In this market, many people become rich thanks to electronic money.
But to achieve that we have to work hard to get results.
Knowledge, skills and efforts are good every day.
That shows that it totally depends on how you manage your personal finances.
146  Economy / Economics / Re: How does bitcoin become a currency? on: July 26, 2018, 07:14:16 AM
From my understanding bitcoin got innovated as a technology based asset to make advancements to the banking community fulfilling certain elements that were a big task on a banking system. At the beginning it simply started as a token with small value and the same further kept its usage diversified over various sectors. At some point people started giving importance similar to currency as the value peaked. Later it became an investment that could give a profit which we cannot get anywhere else.
I think so too
Bitcoin has innovated as an asset based on the most advanced technology.
First it simply begins as a token with a small value and further keeps it usefully varied in different fields.
At first it was just normal parameters it increased later and its value to the community its profit margin was quite high.
147  Economy / Economics / Re: Digital Money = Cashless Society on: July 25, 2018, 11:20:49 AM
some countries have started using highly sophisticated digital money, they do not need to carry paper money because they buy something using debit cards they get from the internet. in my country still do not use debit card from the internet because my country has not received crypto currency as a means of payment.
I think so too. Because of:
In some countries that have started using sophisticated digital money, they do not need to carry paper money because they buy something using the debit card they receive from the internet.
I also think this is a smart way to save time and money.
It is hoped that countries will adopt this method to liquidate their transactions quickly.
148  Economy / Economics / Re: hackers becoming smarter than exchanges? on: July 25, 2018, 11:17:47 AM
Hackers were getting more smarter exploring ways to enter the world of cryptocurrency. At the same the exchanges as well wallet service renders too have involved in the process of making them more stronger to stay away from hackers. In the past hackers could have entered with ease, and now scenario is different.
Exactly. I think so.
These types of hackers are increasingly smarter to explore ways to enter the electronic money world.
At the same trading floors as well as seo services are also involved in the process of making them stronger to stay away from hackers.
In the past the hackers may have entered easily, and now the script is different.
So invest wisely and know how to protect your assets.
149  Economy / Economics / Re: the life of the society venezuela depends on crypto on: July 25, 2018, 11:15:08 AM
I am not following what is going on in Venezuela, but I wonder how the economically depressed state can depend on Bitcoin, the price is high and the fluctuations are significant.
Also, I do not expect anyone who is bankrupt to buy Bitcoin with these fluctuations.
If a country wants to get rid of excessive digestion, then increased productivity is the solution. Bitcoin may help, but it is not the right solution.
I have read the comments, but I have not come up with valid words.
I believe this is a good move to allow the interaction between bitcoin and local currency in a weak economy.
Production rates of some countries and economic measures may not be enough to cut their local currency depreciation.
Adopting bitcoin can be a tool to keep these economies on the right track because bitcoin does not depend on the economy of a country.
Only then will the market adapt and will grow steadily.
150  Economy / Economics / Re: regulation and legalization of cryptocurrency on: July 25, 2018, 11:12:33 AM
this is good news so that the whole world can do trials like Thailand so it will provide many benefits for the users and also the exchange rate. hopefully in the future many opportunities to grow well
Right. This is good news for the whole world to do testing
as well as Thailand so that it will bring a lot of benefits to both the user and the exchange rate. hopefully in the future many opportunities for good development.
Other countries will, too, be legalized for rapid economic growth.
151  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: July 25, 2018, 11:10:43 AM
That's correct. Bitcoin will be useful for a troubled economy and there is no doubt in that. The countries which have accepted Bitcoin and crypto currencies is prospering well in their economic, the economic growth has doubled for some countries to be specific. Other countries are also thinking and planning to accept Bitcoin for their economy to grow but just stuck with rules and regulations to put in place before doing that it seems.
Exactly. The BTC will be useful for a troubled economy and there is no doubt about that.
Countries that have accepted Bitcoin and electronic money are thriving in their economies
Other countries are also thinking and planning to accept Bitcoin for their economy to grow but are just stuck with the rules and regulations that need to be made.
This shows that BTC will help speed up the difficult country out of danger, I think so.
152  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: July 24, 2018, 09:10:59 PM
I think before starting to think of children as entrepreneurs or workers. The first thing we need to teach our children to learn to be good people is to learn good morals to help people.
Then set the direction for children according to what the family wants, but really let the children develop their strengths.
It will reveal its strength and direction is best. Smiley
153  Economy / Economics / Re: The Cryptocurrency Market and How it Influences Our Economy? on: July 24, 2018, 09:07:07 PM
The cryptocurrency market doesn't influence the economy,because it`s just too small.
It has to be more 1 trillion USD worth in trading volume and market caps,in order to have any significant inlfuence over the world economy.There`s no such term as "economic income".What do you want to say with this term?
I think so. It affects our economy in creating jobs for everyone. They find the ability to make money in whatever way they think.
Electronic money will reduce dependence on banks and money transfers.
Trading with electronic money is very easy to access and convenient.
154  Economy / Economics / Re: Predictions Markets? on: July 24, 2018, 09:03:07 PM
I hate that people keep saying bitcoin will go down or even the ones that says it will correct prices or
something. Bitcoin has been around enough that you should know that bitcoin is here to stay. Who thinks bitcoin will be lower than this price in 10 years? Bitcoin will be a lot more than this price in 10 years and we will laugh at the price we see right now. The only reason people keep saying the price will go down is either they do not have any and they don't want others to not have any as well or they can't accept the fact that bitcoin will always be relevant to finance from now on.

My guess is just conjecture. Market analysis will go further to determine the direction of the market.
No one is good at predicting the market up or down, but they will have a broad view of positive thinking about the market.
Thinking is important and putting your trust in them will yield good results.
155  Economy / Economics / Re: How will crypto go long term? on: July 24, 2018, 08:58:44 PM
As we're in need of advancement for each and everything around us, when it comes to financial part cryptocurrencies were the one that can fulfill it. With this there is nothing to doubt over the cryptocurrencies. It'll survive or last longer time period serving the human community.
It's correct. We need progress for everything around us, when it comes to electronic money part money is the person who can accomplish it. With this nothing to doubt about electronic money. I believe it will help people to develop and more convenient in all areas of work and daily life.
156  Economy / Economics / Re: What profit has brought you to bitcoin? on: July 24, 2018, 08:55:06 PM
Basically crypto or bitcoin is not something that can be profitable, I have felt it first, but after holding and continue to dwell on the world of crypto, I realize crypto is something that can be a good addition. But after a long time, it turned out that Crypto had a good advantage in everything. In essence, bitcoin is not something negative that many laypeople talk about, bitcoin is a technology of the future and has a good effect for the economy.
Exactly. BTC is not a negative thing that many people talk about, btc is a technology of the future and good for the economy.
Most people are interested in bitcoin because they want to make a profit, I am interested in bitcoin because it wants to make a profit and also an option to save money with bitcoin.
It simply adds value and is easier to use than cash.
157  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: July 24, 2018, 08:51:00 PM
Exactly. I think the older they were in the old days, the older ones. Maybe it's a good way for them to invest safely.
The value of gold and silver will remain the same for several hundred years.
Value will change but not significantly, but they invest so is also considered smart.
158  Economy / Economics / Re: Will regulating cryptomarkets increase or decrease trading volumes? on: July 23, 2018, 09:45:58 PM
I'm a bit more optimistic. With regards to ICOs, more regulations should be able to weed out those that were set up with the intent to scam people. This would increase overall investor confidence in the market, which might encourage them to put in more money. Since the legit projects get more share of attention - and funds, it also increase the likelihood that they'd succeed.
I do not think so. Increasing or decreasing transactions depends on many factors.
If the market is well regulated, we will have space for institutional investors, for merchants and for normal use.
This will lead to more money entering the market as a form of investment, and more money into the market to use real bitcoin.
I still believe the rule is a good thing, so I'm not really afraid of it.
Then we can identify the market.
159  Economy / Economics / Re: What is going to happen when we reach the 21 Million BTC supply limit? on: July 23, 2018, 09:40:07 PM
I really don't know what will happen about this because it's too far from my imagination and I don't think that is a simple question and only need a simple answer. maybe only satoshi itself that can answer and we are only giving prediction answer without knowing the true answer. for me, I think it is better that we collect more bitcoin from now on so we make sure that when the supply limit is almost reached, we have much of bitcoin and we are ready to sell it if the price increases higher.
Exactly. A very difficult question, difficult to answer.
Perhaps only Satoshi can answer and we only give the predicted answer without knowing the real answer.
The simple thing we need to do is build a useful user community and help people in need. Especially to earn more BTC to create a variety of income sources and other markets.
That's what we need to do.
160  Alternate cryptocurrencies / Altcoin Discussion / Re: Economics of Tokens on: July 23, 2018, 09:35:42 PM
Idk but I still think that the best way to do this is using Fiats because with so many options out there the interchange and the government processes for approval will take time and so will be the implementation.
Why do you think people would prefer to buy through the coins instead of the Fiats ?
To be Honest it is an idea. But the working of it is what I doubt.
What would make investors get their money, would it be in Bitcoin or would it be our sign of distribution among all investors?
Or is there a better way for others to secure their money after each fluctuations?
There will be capital mobilization or call for project construction to fund future events.
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