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1641  Economy / Economics / Re: Why do people claim cryptocurrencies aren’t an asset? on: October 15, 2020, 11:03:31 AM
It is all because of the governments that framework the law, and based on that people are informed that cryptocurrencies weren't an asset. Very few countries like Japan, Australia have legalized it as a currency, but most of the countries state it something similar to the stocks. It can't be considered as a legal tender/valuable asset which can be used in exchange of services. This can be used on trading, investment and other similar purposes.
There are two types of people in bitcoin's field. One who knows about the bitcoin and contain well knowledge of all crypto market they when to buy and when to sell, on the other side some people think bitcoin can make them rich in nights and they'll spend good life. Things never work like this. Nothing is possible until you show your highly patient and hard working.
People who claim cryptocurrencies aren’t an asset are belongs to this category. They just put their money in bitcoin and start expecting for high profit.
1642  Economy / Economics / Re: I lost my job, how about you guys? on: October 13, 2020, 08:24:52 AM
I quit my job 4 years ago after getting involved with cryptocurrencies. I can earn more than my one month salary with bitcoins.
I do trade mostly. Nowadays, people are concentrating on online earning more than their regular job.

There's no time limit of my work; the more I work more I earn.
I want to say thanks to bitcoins for making my life easier.
1643  Economy / Economics / Re: rich people super rich are taking loans now why? what it means ? on: October 13, 2020, 08:19:13 AM
Wealthy people are brave enough to borrow more money because they have a lot of assets and they can pay what they owed. Maybe they use it to run their businesses and to grow and earn more in the future.
It is mostly because of the fact that they have more beautiful deals under their sleeves and whenever they have somewhat need for more cash they take a loan because they are sure that they will repay the loan along with the interest on the borrowed money and still be making a lot of profit from the loan that they took, so there isn't a lot of risk involved in these loans for them as they know how to handle these kind of risks in day to day life.

Well, only rich peoples can take loans.
Since they have properties and cars that they can use to repay a loan, ever heard poor people take a big loan ?.
No, because poor peoples have nothing to collateral. Cryptocurrencies can never be used as collateral since they are still not familiar with anyone and people still think its a scam.
Maybe in the future, when every people recognize the bitcoin, they'll use it as an asset or collateral but not for now.
1644  Economy / Economics / Re: Sales of wedding rings are increasing on: October 13, 2020, 08:13:30 AM
It is true that the impact of divorce is very high during a pandemic, but if only, every couple is able to adapt to change and overcome difficulties together, in the future there will be a stronger marriage bond than before, and I believe that if the relationship is based on sincere love it will always be possible.
There is nothing called sincere love, everything is financially linked in life and if you are in trouble financially or your partner thinks that they are better off being single then expect a legal divorce notice and especially during the pandemic many partners will be having time to spend together and there will be difference of opinion in many aspects and it will lead to a divorce.

The quantity of wedding diminished in my nation due to Covid-19. The administration brief prohibited all the wedding halls since they don't need their resident to meet up at one spot.
I wonder why still sales of wedding rings increased in your country.
My companion lives in India, and he deals with weddings rings, and guess what, his business enduring high loss due to Coronavirus 10.
He tells a similar circumstance their practically all the halls are all prohibited.
1645  Economy / Economics / Re: Cryptocurrency Adoption: A Breakthrough? on: October 13, 2020, 06:23:38 AM
They are saying that fiat currency are becoming useless because it is much risky to use it due to the Covid-19 virus that can be spread through cash transactions.

You're not making any sense. To begin with, cash can also be spent using debit cards. Also, the UN also came out to deny that the use of banknotes was transmitting the coronavirus: World Health Organization: ‘We did NOT say that cash was transmitting coronavirus’

So, your argument doesn't hold.

Many countries accept bitcoin and work on adopting cryptocurrencies, which are great signs for the growth of crypto.
When the Covid-19 occurs, many currencies start falling, especially in my country, USD fall like never before.
Many bitcoin clients sold their coin during a pandemic, but the value of bitcoin remains the same.
I think bitcoin adoption will be a good choice for every government. It can help citizens and solve almost all problems that occur during the lockdown.
1646  Economy / Economics / Re: What is the cause of economy rise and fall. on: October 13, 2020, 06:20:02 AM
An economic recession occurs when unemployment increases, retail sales decline, and income and manufacturing contract for long periods of time.
It is predicted that economic growth can only touch 0 percent to minus 2 percent. With the conditions of economic growth

Rise and fall all rely upon the government's law and rules. If the government wants, they can upset the economy by calling different nations for wars.
The government should need to maintain peace by helping different countries and satisfied their necessity with no contention. As of late, India planned to begin a battle with Pakistan, and the two nations' economies got upset.
1647  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin so unstable? on: October 13, 2020, 06:15:34 AM
panic selling usually occurs when whales doing big sales to capture profits and then buying back at a lower price..
the panic happened not just because of the news whales. In fact, the possibility of panic selling is smaller if there is only a transfer of a number of assets from wallet A to wallet B. In fact, people will panic when the development of the project they have invested in turns out to be breaking down. It's a nightmare where the developer doesn't provide clarity on what's going on.
However, to avoid panic deficits, we must be more careful in making decisions. we must be able to understand the situation that is going on when panic occurs. And make sure before investing you have plan A and plan B so you don't get confused

People prefer Gold more than bitcoins.
It still takes a lot of time for bitcoin to familiar with all people around the world. Bitcoin increased $500 in nights due to its violation state, and there's no comparison in gold with bitcoins.
But I know if people came to know how bitcoin helps increase your cash, they'll surely quite using gold and move to bitcoins.
1648  Bitcoin / Bitcoin Discussion / Re: How to make old people understand Bitcoin? on: October 13, 2020, 06:12:11 AM
i think we can make old people understand bitcoin by educating them and enlightening on what bitcoin is all about.




Educating old people won't be fruitful IMO.
Better we can cite some real life example and make them understand about the Coin.
The best example can be comparing Bitcoin with Gold.
Old people have immense knowledge on how the Gold price work, we can use that system to make them understand the value of BTC and how it's price actually fluctuates.
In other we can make them understand that, Bitcoin is a Asset like Gold that can be hold Digitally.

Most old peoples don't know how to use new technology. For example, my grandfather has zero knowledge of using a smartphone.
He often called me to use a smartphone for him. If we start talking about bitcoin technology with them or anyone who doesn't become aware of new computers/technology, I believe they'll never understand.
They'll become confused. I know its easy to learn about bitcoin but hard to manage it.
1649  Bitcoin / Bitcoin Discussion / Re: Satoshi's IP address found on: October 13, 2020, 06:09:43 AM
It wouldn't matter even if it was the real IP of Satoshi, Satoshi want's privacy and wants to stay hidden from all of us.
I think the real Satoshi would have think of any possibility that his/her real identity could be uncovered and made a step ahead to cover all the tracks.

I attempted to follow the IP, and the locale they're demonstrating is "The United States" I realize Satoshi has a place in Japan, and there are embrace risks that this information is wrong or fake.
In any case, we ought not to trouble this folk, since he wants to spend his life alone and without turning into any VIP.
I want to express profound gratitude to him for gift us such productive digital currency; however, he would prefer not to uncover himself.
1650  Bitcoin / Bitcoin Discussion / Re: bitcoin and taxes buying goods and items with btc tax free on: October 13, 2020, 05:51:57 AM
so how about taxes you have to pay from btc ?

and is buying goods and items with btc is to way to cash out your crypto tax free?


If you're paying taxes, it means you're getting traced by the government, and they're following you. I never heard of bitcoin's customers covering charges.
Bitcoin is unstable and decentralized, which plainly means it's unpredictable and nobody can trace or track or take it. I never pay any charges/taxes in my career.
I don't know about other countries/regions. But in my nation, there are no taxes applied on bitcoin or in any cryptocurrencies.
1651  Bitcoin / Bitcoin Discussion / Re: Enough is enough! Good bye Bitcoin! on: October 12, 2020, 04:32:26 AM
In the first place why put all your Bitcoins in an exchange, when everyone knows that exchanges are highly risky storage of wealth, due to the fact that they can be shutdown and regulated by governments, and most exchanges use centralized databases to store Cryptocurrency, so its like a gold mine for hackers, if they can find some vulnerabilities, which almost every program has.

It would be hard for you to put more in bitcoins and other digital currencies.
Beneficial things never happen prior, you should stand by certain years and hold your coins for long haul reason.
Talk about the exchanging, then you should not stress over it since there's some more payment gateway which can help you convert your bitcoins in USD cash.
1652  Bitcoin / Bitcoin Discussion / Re: Bitcoin logo on: October 12, 2020, 04:28:29 AM
What befalls the current logo?. Everything seems fine with it there's no compelling reason to supplant the logo with anything. Its been a decade and we all know how bitcoin's logo looks like.
I figure we ought not to think about its logo or its appearance it still unpredictable and non genuinely cash.
It's the same to a stock exchange however containing a lot of potentials, better to focus on your speculation, exchange rather than its logo, appearance
1653  Bitcoin / Bitcoin Discussion / Re: Are people giving up on Bitcoin too quickly? on: October 12, 2020, 04:25:10 AM
In 2017 when the cost was expanding many people begin contributing with it, but after a few months it tumbles down and afterward individuals quit taking enthusiasm on it.
They think about it as a trick or non-benefit cryptocurrencies. I suggest you to quit thinking about them and sit tight for scarcely months.
Let the market siphon the cost. The individuals who quit the bitcoin will morose returned.
1654  Bitcoin / Bitcoin Discussion / Re: Covid-19 and Bitcoin on: October 12, 2020, 04:22:35 AM
Coronavirus has made us stay home for months now, Bitcoin's price rised while most stocks crashed. Bitcoin's price rise probably has something to do with Coronavirus, People are staying home, buying things online to avoid contact with other people. My question is are more people being initiated to Bitcoin and are Bitcoins scams more frequent because of covid-19?


Now the normal life is came, people freely roam around the surrounding.They start to go for the job and businessman get into their business.So the economy activity are came into force.Because the government can't bear anymore.Most of the government spend all his holding and start to free the people movement and economy activity.

I don't believe there's any connection between Corona infection and bitcoin's costs. At the point when Covid-19 happens heaps of individuals become jobless and I am one of them.
I feel that its the main reason behind why bitcoin cost is as yet steady. Peoples quit putting resources into bitcoin because they need to help their family with monetary.
Being jobless means no cash and I accept a load of clients sold their coin. Perhaps the cost may increase now since the Coronavirus vanishes
1655  Bitcoin / Bitcoin Discussion / Re: Why do people avoid bitcoin? on: October 12, 2020, 04:16:01 AM
The question is why we're using bitcoin and making a profit with it?.
Simple we all are well aware of bitcoin's latent capacity and have extraordinary information on how to use it.
Maybe someone just deceptive them and they think bitcoin is nothing but just a scam.
We should talk with them and give some confirmation on how bitcoin really work and encourages you to make a keen benefit.
1656  Bitcoin / Bitcoin Discussion / Re: People Say btc is Not ponzi but its look like ponzi on: October 12, 2020, 04:11:41 AM
Bitcoin isn't a scam or misrepresentation venture however many people use it for the Ponzi plot.
Bitcoin is just like other cryptocurrencies and there's no lament to utilizing it since its lawful in around the world.
Let haters ponder it they're not very much aware. If you contribute it any Ponzi plot you'll be get defrauded where bitcoin return your all venture with profoundly benefit.
1657  Economy / Investor-based games / Re: BinaryLottery.com - The Real Bitcoin Duplicator (NO SCAM) on: October 12, 2020, 04:03:08 AM
The site is down and this site looking scam for me. Newbies should at least check the reviews before putting their money.
I hope non of us tried to get involved with this party since its a scam and the website is down.
That's the reason why bitcoin is unfamous and most people hate to invest money with bitcoins.
Once you get scammed no one can help you take your cashback.
1658  Economy / Investor-based games / Re: Is this the best investment platform? on: October 12, 2020, 03:56:02 AM
I think you came here to promote your website. This site is noncrypto relate which means you can't invest your cryptocurrencies here.
Also, I never heard about such a website. Anyways there are many platforms here.
You should contribute your time by searching before making any topics.
This forum can help you to understand bitcoin and you will learn a lot. The prices are better and much reliable plus you can get some reviews before investing your money.
1659  Economy / Investor-based games / Re: HOw TO MAke MOney WIth BItcoin on: October 12, 2020, 03:50:53 AM
This seems to be a scam site. Let me remind bitcoin users more than 90% of websites are scam and I believe this site is one of them.
This a clear joke about they're paying per ref is too high. No one gonna pay such amount for a simple reference.
These sites required your money to be deposited, and in the end, they close the website. Grow up guys use something new to scam.
1660  Economy / Gambling / Re: Betnomi.com | Crypto Centric 🏀Sportsbook and 🎲Casino - 🔥Biggest Jackpots on: October 12, 2020, 03:43:31 AM
This new look attracts me to play. Glad to see the new design of betnomi and this looks better compared to the old version.
Anyways I saw something really wired on your FAQ which was about "viable" is it some kind of partnership with any company? or what.
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