Human life is not run only with family and trade. It has to face many other problems. To maintain a happy family, a large amount of money is required. To earn money, a high volume of profit is needed from trade. So, when loss comes, happiness goes away. When you will face a lose and your capital decreases 25%, can you be still happy? But it is right that our life is combined with will and owe.
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Do you know the present functions of banks? To receive and payment of money is not only the function of Bank. It provides vast of services on behalf of govt, central bank and customer. It stores precious assets like gold, ornament and other metals of the customers. International business is operated on the base of banks. Without opening LC, export import is nearly impossible. Another important function of bank is lending operation. World business will never be possible without borrowing from banks. So, how do you think without bank? IT IS NOT POSSIBLE.
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I'm not sure if there's another thread for this already, or if this belongs in a different section. So basically I thought it would be helpful to post up your Bitcoin address in this thread in the event that your account gets compromised later on down the road. You can simply make a new alt account, sign the address that your original account posted here, and have irrefutable proof that you're the actual owner. It's not 100% guaranteed that you'll get your account back, but it's a pretty good start. Of course, if your account is compromised, the hacker could just come back to this thread and edit/delete whatever address you post here, so that's why I'm asking people to quote the address posted by the preceding user in this thread. Here's mine:
1FLnpvdXL6ooBpFj2LHqZxQsrxn2voj5uv
Very good idea. It is very much important to save my account. To recover account if it faces in any hacking, your idea will surely helpful. Here is my address. 1HYc8wiSfg4QAdi2mLvYpYm3bhA6Wpqrvp
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To write a constructive post, those instructions are very fruitful. I think, if any one follow the rules described here, he/she will be able to introduce a meaningful, constructive and dramatically error free post. Anything little but meaningful is understood easily. Generally people feel boring to read large passage and thereby avoid it. So, attractive short post is very much important for all. The title is the synopses of all the written in the passage. So, should be short and representative to the post.
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There is a popular saying that Cash is king, a term reflecting the belief that money (cash) is more valuable than any other form of investment tool, especially in the event of an economic downturn when there are cheap securities and properties that could be bought with cash.
On the flip side, I am very curious to know if the value of fiat currency appreciates or depreciates during a recession and why.
At the time of recession people hold little cash in hand. Unemployment rate increases highly. Banks become unable to supply sufficient cash. Demand decreases in the minimum level. Maximum production remains unsold. As a result, price level gradually goes down. When price decreases, people can purchase more with fewer amount. Too little money goes for too many goods. That means currency value appreciates and goods value depreciates.
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Only cryptocurrency or single bitcoin will never be the single currency system of any country. If bitcoin is permitted to use, present system will also exist. We know, many countries have already permitted bitcoin to use and gradually this currency is enlarging its own place. With the development of cryptocurrency, blockchain technology is also developing day by day. So, I think, when most of the countries will permit bitcoin, a controlling system of the countries will also be introduced in this blockchain technology.
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Ups and downs are the common scenario for any market. No marker goes in a straight line. There has a maximum and minimum point, between them the market trends fluctuate. In the open market system, market controls itself. No single buyer and seller can control its trend. So the fluctuation in crypto market is also the result of common market mechanism. But when a lots of bounty hunters enter into the market at a time, it some what affects the market but not the real cause for dump.
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You have suggested a good idea for introducing an alternative blockchain. At the first stage of developing Bitcoin, many people were curious about its safety, security and validity but it now it has occupied a larger part of the world. Sufficient information is also available now. At present, People are more knowledgeable and conscious about different cryptos. So, justification of any alternative crypto is easier than the past.
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There are a lots of information in the internet. Search on google and visit to your concern links, which you prefer, contact with them and get your desired thing from your convenient place. You can also get sufficient information from social media. So you need not to search in the forum and this is not market where your product is traded.
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Every market has entry and exit. Actual trader never leave the market because both profit and loss are the part of trade and they try to make grater profit than loss. Yes, some people are leaving the market because they are temporary traders and they started trading without knowing the trading system and policy. Your mentioned causes are also works for giving up their trading.
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I have seen so many posts about emerging cryptocurrency, and they think that someday it will take over our current system, or it will replace our fiat currency, which is really impossible, yes cryptocurrency is such an excellent currency especially the bitcoin, cryptocurrency keeps on being more prominent and more significant. Still, I think it is not enough to replace the fiat currency. It will be hard for the government to do that.
It will be hard for us if we use our cryptocurrency as our standard currency, the volatile currency will not be useful in real life; only that money is only suitable in real life. Not all individuals are really used in technology, so how could they handle their money if they are not familiar with the technology.
There are still some rural places in this world, so it will be hard for them to adopt the new system if this will be implemented in the future, which I hope won't happen, and even those person in provinces will also get mad if those things happen.
Nothing is impossible. At the first stage of crypto invention, very few people were familiar with this currency but now millions of people of the world are now investing and making trade in this field. At a time, countries of the world directly rejected the use cryptocurrency but now many countries have already permitted it and some other countries are thinking to permit it. You should know that the bitcoin is gradually occupying the world's market and I think it will be used by most of the countries in near future. So if the countries allow to use crypto as a digital currency for all types of transactions, it will take the place of fiat money within a moment. Maximum countries of the world are now technologically developed and already they are using digital currency for transaction. As a digital currency, using crypto like fiat money is just a matter of permission of the govt. I think it will be possible soon.
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Hello, I am back to this forum after fighting against corona, finally I can be here again.
So, what are the recent updates about bitcoin and what do you expect to happen in one year from now?
You are welcomed for being a winner from the Corona War. It is not possible to explain here what happened in bitcoin market and what is going to happen. There are a lots of sources for getting information. The world is open for you. Just visit in different links like website, social media, news paper etc. You will get sufficient information and realize yourself what is going to happen in the future. You can also share your experience if you want.
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The life of a man doesn't go in a straight line. The way is in a curve shape. So the life is comprised with will and owe. When we cannot achieve our goal, we feel, we are failed and vise versa. But all failures do not prove, we are in a wrong step. Trying by earnest, we can overcome our obstacles and achieve our goal. Sometimes we think, we have failed for taking wrong step but I think this one of the steps of being success. If you think, this wrong, it is wrong. If you think this is one of the trying of success, this is a trying.
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