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141  Economy / Economics / Re: Is money the root of all evil as the poor to thinks? on: August 04, 2021, 03:33:01 PM
Money as was stated above is a tool.. So imagine instead of dollars, shovels...
Money is the nature that gives rise to different nuances such as greed, envy, jealousy, ...etc, money also divides people. Humans cannot live and survive without money, so creating and using money is almost a necessity. that's the damn thing of society. Money creates happiness and also kills people. The power of money is scary from which we cannot escape. Money is also the reason for the loss of fairness. Money - a tool

- When you have such an analysis, I can only accept that money is becoming the source of many problems, especially the darkest and most negative sides in life, money may not have its own intentions or voices but it is the bright spot in the dark faces of the poor, a rare bright spot and made the poor ignore their morals and pure souls. Maybe some people will preserve their morality and way of life in front of the money but it's just that they haven't been brought to the frontier of poverty and struggle, just fall into that line, morality and everything will be corrupted by money
142  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Cardano really reach 20$+ near end of year? on: August 04, 2021, 03:13:29 PM
can't seem to reach it if the cardano reaches $20 this year. I just think Cardano's target can be reached maybe only $7 this year. maybe it's a realistic thing, cardano is not a bad coin but it takes a lot of stages
- Capitalization is evaporating and moving somewhere outside of the crypto world, I can only say that we are not running parallel to the bull season, so the record breaking target of most altcoins is also unlikely to be established this year, their prices may be stable, which is coincidentally a good thing, $7 or $20, it was just a funny prediction. Especially with altcoins that are not as good and not as bad as Cardano, the only satisfaction about it is just a small and stable value, the community has never expected it to increase too much.
143  Economy / Economics / Re: Can Bitcoins kill Central Banks? on: August 03, 2021, 03:09:00 PM
Bitcoin was created to fight central banks but not destroy it.  banking is a business that has been around for hundreds of years and has become a pillar of the economy of many countries, while Bitcoin is just over 10 years old.  surely banks and governments will try hard not to die with the growth of Bitcoin.  i really believe that later when Bitcoin adoption gets stronger, the government will be friendly with Bitcoin and give up fighting it.
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Right, the presence of bitcoin and crypto is certainly a comparison for the public against the central bank, the fact is that the rapid development made many central banks afraid and asked the government to ban bitcoin.
- Central banks are also not small names that can be easily teased, they have the power to overturn this future outcome because they are having a very clear advantage over bitcoin, from the role of the system as well as relationships, its influence is extremely large while bitcoin is just a young guy and lacks time. On the battlefield, an enemy is baring its teeth at you and you think the central bank will allow bitcoin a chance to attack it like this crazy thinking, try to domesticate bitcoin or will directly abolish it, that is the power of central banks
144  Bitcoin / Bitcoin Discussion / Re: The more popular Bitcoin is, the more valuable it is? on: August 03, 2021, 02:48:31 PM
It is a common thing that as the demand for things increases, so does the price. In the case of Bitcoin, on the other hand, this argument is more valid because the total supply of Bitcoin is a certain amount. As the status and popularity of Bitcoin grow, so will the number of users, so that the price will continue to rise as demand increases. Also, when large companies accept Bitcoin, it creates a positive perception of investment among the public and increases both demand and value.
- Well, we can call bitcoin a limited edition and should be added to the collection as it becomes more popular but a powerful motor and reaches a peak power, its value will saturate at one point and a downward graph begins to be formed, bitcoin would probably also plot such a power graph, the climax is always broken by the government as well as the big companies. It can be called a value stabilizing loop, high prices will have fewer buyers and gradually, people will gather in the middle areas with other altcoins, instead of bitcoin.
145  Alternate cryptocurrencies / Altcoin Discussion / Re: India government launch e-Rupi, it's good for india? on: August 03, 2021, 02:32:16 PM
Taking the first step towards having a digital currency in the country,
Prime Minister Narendra Modi will launch an electronic voucher based digital payment system “e-RUPI” Monday.

The platform which has been developed by the National Payments Corporation of India (NPCI), Department of Financial services, Ministry of Health and Family Welfare and the National Health Authority, will be a person-specific and purpose-specific payment system.

E-RUPI is a cashless and contactless digital payment medium, which will be delivered to the mobile phone of beneficiaries in from of an SMS string or QR code.

India government going to accept the cryptocurrency or blockchain technology? Drope your thinking?
Its not actually a cryptocurrency, just a payment mode using blockchain technology or even they can use others but its nothing different from their original fist currency nor going to be talked by other country. Did they launched the project for public? I don't think they made it because I don't see anything related to that on social media.
- India today is just flooded with options as well as asking for an urgent aid from neighboring countries, even more distant countries with stronger economies because they are so weak against the pandemic and their society has turned to hell in recent months, quite a sad picture for a country. Every day is a different emergency, the Indian government is probably also struggling and working with international organizations on vaccination, another type of payment is probably not their priority, this could be a small rumor
146  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP is pumping now. on: August 03, 2021, 02:14:19 PM
Xrp was mostly used coin in past due to for fast transactions with lower fee. But after sec issue, now xrp is project for risk taker & big traders only. If you aren’t so professional then xrp isn’t for you cause  anytime it could be go down and then you have to surfer for recovery with your assets. but it overcome sec issue, then the full recovery is possible and another ath will be happened
- For the resilience of XRP, focus on SEC is just an indefinite test and hard to get results, SEC may be factor for XRP reversal but it cannot be cause for recovery because bitcoin is a concept that represents neither information nor analysis, it represents a whole generation of cryptos that can rise and ignore previous negativity. Sometimes without the SEC coming, investors can also pump prices for XRP but currently, this event is not feasible due to the level of investment as well as market demand is decreasing, the fear value is increasing with the economy
147  Economy / Trading Discussion / Re: Why newbies lose huge money in trading on: August 03, 2021, 01:59:22 PM
Most newbies lose huge amount of money because, after learning the basics of trading they feel they know it all, they think they can manipulate through the market. But they end up losing big.

No matter what you are thought, you must know this that to be a successful trader, it takes practice and consistency.

Newbies means some people who have just learn about new thing, do you think newbies will spend huge amount of money on something that they have just learned? When I was a newbie and if I'm going to be a newbie on other thing, I will not spend too much money as I will consider it as a big mistake. By the way, how do you know that most newbies lose huge amount of money? Is there any specific valid researches on this case?
- You can be a cautious person when dealing with new things and the investment is also low minimum but you are not surrounded by such careful individuals, quite a lot of new people like to show a bit of their greed, if they have decided to invest, it will be a huge investment and they can even borrow money, to say they don't understand and are careless is also incorrect, we can only say that newbies don't know yet enough. Although the research data are not exhaustive but a tourist area full of evidence at telegram groups is a lot, new people lose money from being scammed to emotional trading.
148  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Dogecoin reach 1$ soon? on: July 31, 2021, 03:52:49 PM
it couldn’t stay long on that milestone cause already people start disbelieving it and now standing at $0.22. So right now $1 will be very long journey for doge
Long journey? Nothing is difficult for Dogecoin when Elon Musk still supports it, because what made Dogecoin run to this day is Elon Musk, so as long as Elon Musk is around, nothing is impossible for Dogecoin, and look at the fact again that Dogecoin has been accepted on many major platforms like Coinbase Merchant.
And if we look at today's bullish market conditions, then Dogecoin's journey to $1 is very close and it's possible that Dogecoin's price will touch $2 or $3 when the bull market reaches its peak.
- But there are quite a few questions raised with unified ideas as to whether Elon Musk will do anything to change his impression, a Tweet with some other arrogance or a new strategy and let's ask ourselves, what are we motivated to pursue this tweet further, current loss has not yet been dismantled, once again failure, that will combine into greater pain. We also don't know when he will post a more viable tweet about dogecoin, just think so, this journey can't measure how long or short, be more alert at this opportunity
149  Alternate cryptocurrencies / Speculation (Altcoins) / Re: TRX to $1? on: July 31, 2021, 03:32:06 PM
Has been following JustinSun since long time ago i think this man is very clever to creating hype and i think she ofther break he's promise to TRX supporter. $1? Maybe it could happen but i don't know how long it will take, but my prediction it gonna take very long road for TRX to reach that price.
at least he has tried to make a new breakthrough which is also very profitable when ethereum costs are high and can be used as a low-cost alternative. it takes time to develop and many are trying to compete with the emergence of other platforms.

with last ATH $0.231673 - Jan 05, 2018 with -73.6% of its last ATH now the price is at certainly not easy to jack up to get to a good price. if you can reach $ 1 is already an achievement in itself.
The current relatively low price of the Tron and its good functional qualities suit everyone. For the price of this coin to rise to as much as one dollar, something significant needs to happen on this network. By itself, in the current relationship, this coin will not be able to rise in price to one dollar.
- Just hitting the important is not enough, it also has many important updates but that doesn't really have a strong impact, it needs to do special and extremely powerful activations on its network, from which the user base also grows exponentially, with such a resource, a dollar is a possible value but despite such frequent petitions, the TRON network only publishes statistics and reports the results of the user's usage volume. The boredom of the system is clearly shown on the investor's understanding, they have no new experience with it
150  Alternate cryptocurrencies / Altcoin Discussion / Re: How to judge whether newly listed coins are worth investing? on: July 31, 2021, 02:56:11 PM
There's really a lot to consider whether a coin is worth investing but mostly some people buy it if its listed to big exchange like Binance which leads to pumping, some people think it's nice to buy those kinds of coins since they are new and fresh and it is listed on big exchange.

But me, I still choose the old coins with has a big market cap already rather than investing to lowcap coins which some people managed to control or manipulate.
- Some of the new projects listed are actually pumped by the exchange's reputation system but through that to see the worthiness of these projects is honestly too difficult because this is also just the result of a reasonable marketing process, good brands will launch a successful opening day but then to keep customers coming back is about quality and reliability and to have a good experience, it's features, facilities and roles as well as care team. Many projects are rated one star after only one day of opening because of such problems
151  Economy / Economics / Re: Not just money but oil is most important in the World on: July 31, 2021, 02:39:40 PM
The oil being mentioned accrued to money, so you can actually say that oil is money. You can just source your money from other means but in my country oil brings in more money for the government.

Oil is the most important need in life today, there is no activity from agriculture to industry that is free from oil, of course it is natural that oil is more important than money, because without oil money will not be valuable.
- Well, industries as well as many other fields really always need an extremely large amount of oil and this resource is also gradually depleting, only a few countries have an abundance of oil resources, experts have also estimated the duration of this depletion and are building alternative resources, so we might think that oil is important right now but its place in society in the future will be much lower. But research and replacement requires many processes and in that time, oil price wars will still be very strong for countries to seek the greatest benefit for them.
152  Bitcoin / Bitcoin Discussion / Re: What's holding back Amazon & eBay from adopting Bitcoin? on: July 31, 2021, 02:22:27 PM
Just recently Amazon denied the widespread assumption that they will accept Bitcoin as a payment method. However, it looks like they’re thinking of it as a possibility. I wouldn’t rely on anything Tesla has to say, because during the past half a year they’ve changed their mind too many times Cheesy

Amazon, on the other hand, may be taking their time to make a decision and evaluate all the risks. But once they do, I’m certain it will be final and we won’t see them running between sides, because they value their reputation.

I strongly believe that it is only matter of time before they announce about crypto acceptance in their payment system, Amazon in particular. Maybe even before the year ends there might be some kind of development here even if they denied it for the moment. If they see other merchants accepting crypto, they may consider it soon.
- As for our selves, crypto users can be rampant everywhere when this is the world we see all the time but Amazon has a different basis for defining things, that means they have employees who survey users' need to pay in crypto and survey numbers are rarely made public but in my opinion, not too many comments or requests for support, such results allow Amazon to stop human resources for this issue. Adding payments with crypto is a problem that requires Amazon to account for a lot of costs, not available to all users, many other strategies worth considering than crypto
153  Economy / Speculation / Re: will bitcoin ever go down like 2018-2020 on: July 30, 2021, 05:29:45 PM
I think, with today’s visible movement of Bitcoin’s value in the market it is unlikely that it will return to where it was in the last three years.  More people still prefer its price to go up than to go down.  Now that its vigor is returning and the new good news about it is causing the price to go up again.
- Returning to vitality only shows that its current illness has been temporarily resolved and passed a dangerous stage but this is a congenital heart disease, bitcoin's heart rate will go high or low on a very regular basis and go through many times of treatment, today's market can bring a positive life status line, but the implication in the future is still a huge question mark, a recurrence of serious illness like three years ago is still possible.
154  Economy / Trading Discussion / Re: Always take profit on: July 30, 2021, 05:12:48 PM
It's easy to enter with good entry point but the challanging thing is taking profit before a retracement and most of the times this retracement could be a beginning of a new trend changing a winning trade to loss. And in situations where the trader fails to apply stop loss there could be chances of blowing off ones account. A profit taken is better than a loss made no matter how small accumulation of smalls makes a mighty bulk.

Have you considered taking profits of $1-3$ repeatedly throughout a trading session it might sound small for professional traders but it would go along way in growing an account most especially for beginners. If a trader cultivate the habbit of taking profit during trading he would have an upper hand over the market and also get clearer pictures of better entry points and also be on alert on when to exit especially during retracement.

You know, I also learned to trade cryptocurrency, I tried to fix profits as often as possible in order to understand how the trading system works and to motivate myself for further trading. Yes, this is a small profit, but as for a beginner in trading, it is quite normal for itself, all the more it raises your mood and shows you that all your actions are correct and you have a profit. But after such a run-in, you can raise rates, but here you need to remember about the risks, since the more profit you expect, the greater the risk of losing it.
- I hate the constant fixation and taking profits at small profits, although this will be the ultimate happiness for new traders but they can't preserve this principle all the way through as many people think this market opportunity is a lot but when summed up, the number of chances to win each year is very meager, need to increase profits and stop the principle of a few dollars profit to deserve many other rewards
155  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I have 1000 usd , where to invest , on: July 30, 2021, 04:52:44 PM
If you want to get a short profit, prepare yourself to lose a lot of money on investment in a short time. As for my recommendation for $1000, just choose top altcoins like bnb and ETH to be held for the next 2 to 3 years. believe me fast money does exist in crypto but you will lose more than gain if you don't understand this market condition.
2-3 years waiting is only advisable for those who has funds in which can be forgotten for those years , but what if His budget is only for a month or 2 and then he will need the funds again?
this situation is depending on OP's capacity and capabilities , if he can keep holding then best to buy ranking coins like top 10 but if he needs for short term ? then he must risk for altcoins specially the cheapest one that can be a small factor of failure.

- Indeed, several years is not a feasible number for many people, sometimes they will have a few reasons as you say and their money cannot be frozen for too long or for the few cases that I often encounter, they rush with time and do not allow too long delays in plans, requires several years from such hot-tempered people, this challenge is too much for them to bear. Such a small capital can only be advanced by taking risks but cannot include the smallest altcoins, choose the middle altcoins in the market
156  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in TRC20 tokens on: July 30, 2021, 04:32:50 PM
I personally never, because I don't know the community on the trc20 network, is there anyone here who can reference how the trc20 community is on telegram or Twitter?
because right now I'm still using BSC, ETH and matic.
- I think you just need to type a few more search words on Google, your answer will be displayed with a number of several hundred thousand but I think this just takes you more time and can't be too helpful because our investment is based only on chart and profit, reject with emotions and your selection is showing too much emotion when hearing about a strange name like token TRC20. Don't care about so many origins, you are not senior manager of a team, you are managing your investment and you will invest as long as that token gives extra source of profit
157  Economy / Economics / Re: Can cryptocurrencies replace fiat currencies on: July 30, 2021, 04:18:18 PM
Cryptocurrencies, particularly bitcoin, are in the limelight among investors, their acceptance is expanding.  In fact, those who were previously very anti-bitcoin have now started investing in this cryptocurrency with the largest market capitalization.

 Cryptocurrencies are predicted to be able to replace fiat currencies or the currencies we usually use today.  However, there is still a long way to go because of the fundamental differences between crypto and fiat currencies.

 The most prominent is the decentralization of cryptocurrencies, while fiat currencies are centralized or centralized.  The centralized system means that the currency is controlled by a certain entity, in this case the fiat currency is controlled by the government or the central bank.
- Millions of eyes are on the side of bitcoin and crypto just to expect higher prices from it, prove that people just hope this high cap market will continue to drive the current values, they are not ambitious it just stops at the replacement money level that they use every day because they know a bigger opportunity awaits them. The predictions just show that crypto and bitcoin can accomplish a lot of different tasks, so people's eyes will be especially good, instead of just a virtual transaction and few people know.
158  Alternate cryptocurrencies / Altcoin Discussion / Re: How do I know if an altcoin is a scam? on: July 29, 2021, 02:47:52 PM
In my opinion, it is difficult to identify the existing token is a scam or not. We know the token is a scam or not after it happens. Many scam tokens initially look convincing and have a good roadmap and are in demand by many investors. Be careful and choose tokens or tokens that already exist on major exchanges, reducing our chances of being hit by a token scam
- Major exchanges only license those tokens with market, user and fair value, although a few projects go bad after a certain period of time but as long as we are not a user who likes to chase luck and choose tokens with low trading volume every day, it's hard to make us fools and fall for the scam project. However, scam projects seem to know how to convince more people than we think, I don't know what magic they use to make their words be trusted by others despite huge holes, still many people still lose in such projects and don't stop
159  Economy / Economics / Re: Can blockchain replace the traditional banking system? on: July 29, 2021, 02:31:49 PM
I don't think so, at least not in the near future. Too much is tied to banks, such as loans. Will people be able to take out loans in cryptocurrency?
Will it be safe, because cryptocurrency is extremely volatile and in case of growth, you will have to pay much more than you took.
- There are also some crypto loan services in the moment, the principle may be rudimentary and relatively risky and not as optimal as the rule of a traditional bank, but this is also considered a breakthrough for people to have loans on the blockchain platform and help blockchain have opportunity to replace traditional banking. Perfecting and honing these rudimentary principles to the best, blockchain will be partially used in the future but it will be parallel, rather than a stand-alone alternative.
160  Bitcoin / Bitcoin Discussion / Re: Never sell your Bitcoin? on: July 29, 2021, 02:16:01 PM
I never hold bitcoin for lifetimes holding because I reserve Bitcoin for my personal life services and families response, if my family's fall in a needs then I will sell my Bitcoin. Because family and family members my main target...
Obviously, there is no point in us storing bitcoins for life, we store bitcoins with the aim of making a profit from storing them for a certain period of time. the difference between purchases and sales, then we get profits that we will use for what we really need.
we hold bitcoins only to find the difference from the purchase and make a profit, not for a lifetime, which is obviously impossible to keep for a lifetime and is useless.
- Yes, bitcoins can't even be touched by hand and can be displayed in cabinets and in homes, Bitcoin storage is also just a virtual image on a computer device and this whole museum has only one visitor which is ourselves, this style can only be for mutants who like to show off their extravagance, for those of us who are looking to make money every day, bitcoin is only useful when it goes up in price and we can sell then reset everything continuously. I just never sell when I'm at a loss
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