Don’t pay taxes: govt love taxes! It make them super super wealthy and make you super super poor, govt don’t care if you starve to dead tomorrow, that’s your own fault to be basement dweller, govt rather spam their tweeter with non sense China FUD.
If you don't pay taxes, then you don't have the right to go to government facilities and public places because paying taxes is like paying for what you are benefiting in your everyday lives. Government really need taxes because it will be their budget just to serve your country well. All of the workers pay taxes and the people who don't is punishable by law. Don’t get married: get a traditional marriage and get a nasty divorce, your wealth immediately split into half! It is no brainier why marriage is a trap in the modern lifestyle, and your lawyers won’t help you to get rid of divorce, you’re doomed! We know Jeff Bezos can buy the best lawyers on the planet to fight for his rights, yet the status quo court decide to prejudice all is his fault to get into marriage at the first place, you horny you pay the biggest price! This is justice!  Don't get married, YET. There are a lot of things for you to enjoy before getting married. Explore more, get rich more and invest into a business so that you have really a stable and increasing profit for future purposes. Getting married is normal and necessary because you need someone to stay by your side until the end. Marriage will give you happiness and contentment in life and that's the right of all people in this world. But just like what I've said, enjoy things and explore things first before engaging into marriage. Don’t invest: Banker love to sell snake oil investment advice! Of course it’s full of moral values to be a decent human being, get a job, get married and invest in well diversified portfolio! Because business create value, we invest in business, and it is the only “real” economy, people who invest into anything else is not investing into real economy! Fuck it! Business itself is a virtual existence, it is an illusion, nobody can touch business, and it can create a lot of value today, by tomorrow it would be just gone and disappeared into abyss! Who the hell buy into this snake oil advice “business is the only real economy” is too dumb to be get rich. Investment is somehow necessary and you need to do it in order to have profit and become financially stable right now and in the future. Businesses will make your money circulate and move in to the economy. You also need to involve cryptocurrency in your investment so that you really have a possibility of becoming rich. |
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With the recent halving of block rewards, the incentive will be lower than previous for miner. On the other hand, the cost for them will still be same which may not be profitable for a while (I'm not sure about this). If it is true, is it possible that some miners will just leave mining for a while until they get back in a equilibrium or in profit? What fo you think?
There is high possibility of it happening. Mining is a costly business to start and it also needs a good amount of recurring cost to maintain. So if bitcoin price isn't increasing now, a lot of small miners will be forced to leave mining because it will be cheaper for them to buy bitcoins from the market instead of mining it. However, we haven't seen any signs of it. Let's keep a close watch on the situation. It seems bitcoin won't disappoint the miners. Probably it is possible because we all know that mining is much more expensive compared to the bitcoin's price that can be cheaper due to the halving effect. Many miners will surely invest in using crypto instead of mining because the incentives are also important. It will not be profitable for them as they see that costs in mining will become more higher compared to the mining costs before halving. It will surely give you lesser amount of profit and that will make you lose the advantages of mining. I know that many former miners will invest in bitcoins because they will see that it is much more profitable than mining. That's a good option and choice to do, investing in cryptocurrency will really make you more comfortable with your business and work. |
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There are a lot of things that you need to prepare before you can be a professional gambler, and that is not just to have big money to start. But you also need to learn many things, including how you can have a strong control for yourself. Yes, some of them will believe with superstitious, but they also believe that gambling is related to luck, and they will not win if they don't have luck.
And also, in being a professional gambler you need to consider a lot of things not just when you're on game but also out of the game. Gambling isn't that easy and gambling can make you life good and better or even worse than ever. Gambling makes people so happy, contented and excited if positively affect you and sad, stress and depress when nagatively. One of the main reason why gambling is choose one of the way of earning profits is because of the idea of fast and easy learning. But what happen if you dis not have any idea or knowledge about gambling? Being a professional gambler doesn't mean you always winning. And you always earning a lot of money. But a professional player or gambler is described as a person who has a lot of knowledge regarding the game he was into and idea on how to set limits, min or max or earnings and spendings and also how to manage your own money correctly. It's not about money but it is all about the attitude you have and posses. You just need to keep on your track whenever you engage in gambling, there's a circumstances where you don't need other people to grow. Maybe sometimes, advice are helpful especially if it comes from those who are really experienced and good gamblers but I guarantee you to learn by yourself and explore things by yourself. Gamblers need to understand things, seek information, grow, and learn from those mistakes in order for them to adapt and adjust whenever it is necessary. Being a professional gambler is a privilege to yourself, all of your mistakes and result of the gambling career is within your actions. I'm not against to those who are beginners that do not explore things and they value their greediness, I know that they will learn about that in a right time. I knew a lot of people who are professional in gambling right now and they are now managing huge business. The effect of gambling if you're lucky and you're good at performing in gambling will really make you profitable and more good at it. You really need to budget your money and make a minimum or maximum budget to spend. |
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While your comment is very correct here is my thought.
Instead of being jack of all trades and and master of none it's better to be jack of one and master of one.
I suggest one should choose either crypto or forex trading and specialize on it. That'll be more profitable than doing the two at once.
Yeah. Not all traders work with two platform at once. There are some traders who do well in both markets. I also agree with you that if you can get a good knowledge about one, you don't need to trade in two markets. The more you have an idea about that market, the better you can trade in that market. It does not need to go in both directions. But if you have interest and confidence, you can trade in two markets. But I think if you can gain a good knowledge of trading, and understand the movement of the market, then you have a chance to do well in all markets. Crypto trading and Forex trading are very different from each other, they both required different techniques and strategies in the market. Forex trading let you manipulate stable coins such as fiat money and you will just need to consider the market and the economy related to fiat currency. In Crypto trading, it is much volatile in the market, it is harder to manipulate and manage your coins. You need to have speculations and good strategy in order to become more effective in crypto trading. You need to perform technical analysis in the movement of the market. They have different approaches and it is more likely that if you are used to one of this, you will have a hard time accessing the other one. You can't apply strategies from one platform to another so I guarantee you to really study about the importance of both trading platforms. |
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Looking at the price, this turns out to be a non-event.
Just like last time, if I remember correctly. We'll have to wait a few months to see its effects. So far, only geeks have something to talk about.
the hash rate is dropping. it's hard to say by how much exactly, but blocks are being generated about once every 11.4 minutes now. it was slightly below 10 minutes before the halving. after only 8.5 hours, that's a bigger drop than i expected. price-wise, a $2k dump is par for the course. that's just bitcoin being bitcoin. Sometimes monthly effect is not that enough to see if the halving is effective or not, wayback 2016, it took a year where bitcoin reached its all time high. But we need to accept the fact that the blocks are slow to regenerate so there's a bigger drop that we could experience. You really need to know if there's something bad in your investment so you need to adopt and adjust because halving really make our bitcoin investment affected. We all know that there are a lot of factors that affect bitcoin's price and not only halving. You need to deal with that and overcome those factors that make bitcoin's price lower than normal. Considering halving will make you more knowledgeable about the bitcoin's price in upcoming years. |
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if you can't control yourself, you'd better stay away from gambling
Gambling is never a good thing if u want a safer investment and source of profits, instead focus on crypto management and it will give you more effective transactions and profits. Investing in gambling will just make you lose your money because it is much risky compared to investing in cryptocurrency. I know a lot of people who are losing huge amount of money in gambling and become stressed about their life. Gambling will just only give you stress and disappointments because the probability of losing is much higher compared to the probability of winning. You need luck in order for you to win in gambling. While in investment, you will just need to read and observe how the market moves so that you know what to do in order to properly manipulate your crypto assets. It is not necessary for you to risk your money in gambling, If I were you, i will not engage in gambling no matter what. |
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<snip>
All of them are scams! If some professional trader has the capability to trade and earn a good amount of money every single day/month, why he would need other people's money? This is the first thing to understand. The behavior is very similar to ponzi schemes and must be avoided by all means.
You have responded very nicely. But what I want you to know is that some crypto experts are good entrepreneurs that always want to scale any business with innovative business models. In this case, the trader may consider that to achieve high volume of trade then he needs other people's money which at the end of the day people will earn and he will make huge profit. Its about scaling an idea or a business... Same thoughts, if someone is asking money and will help you in trading that he will give you huge amount of profit, never trust, easily. If you really know how to appraise people then you will not got baited bu those scammers that are only fooling people just to earn money. Don't give your money to other people easily because there are really a fraud people that will only scam you. Sometimes all you have to do is to work on your own in trading, work on your own investment and only ask for some advice and not help from other people. Learn about trading and investment using your curiosity and urge in learning a lot. There's no limit in learning and having experience in trading that's why it is not guaranteed for you to seek help if it is not necessary. Making huge profit doesn't require you to have another person to guide you, you can do it by yourself, you can earn huge profit with only yourself, you just need to work for it and proper management of your investments. |
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There is a something in the future that does not look so good, after this pandemic we might face an economic collapse, high debts, and worst a second wave of this corona virus. What's best to do for now is to avoid any unnecessary expenses, just focus on what you need for at least every month. And I agree borrowing money is not a good idea during these times, but if it's reasonable and you think it'll worth the interest (if any) then why not? just leave it at the last option at the very least.
There are a lot of things that should be prioritized during this pandemic, it is not guaranteed that you should spend your money in some unuseful things in fighting this corona virus. You need to work for the best things in order to become stable and safe from the virus and you should spend your money in all those necessities so that you will not have any problem with surviving during this quarantine. There are times where people forget the important things to remember and consider during this pandemic, we are all suffering even the governments are having a hard time to recover and fight this virus. Maybe this is an opportunity for us to understand that we are all vulnerable and money is essential to sustain our lives. It is not good to rely on others, especially when they also need money to feed for their family. We should not rely on the government and ask for help, sometimes we need to work hard for us to have something to eat. When another pandemic occurs, we should know the essential of our hard work. |
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my big lesson is probably something that has happened to many people:
when I started to trade I had some habits that don't let me think correctly, I bought bitcoin for $8000 for example and when the price dropped to $7800 I still believed that the price would go up again. When I woke up the next day the price had already dropped to $7200 and I still believed that the price would recover, it would pass a few days and the price would drop to $6800, I was irritated by it ... until I sold it and the next day the price started to rise to the point of exceeding $8000. it happened to me more than 10 times until i started using Stop - Limit and that's how the cycle of losses ended, but i must say it was a great lesson i learned and it took a long time to learn
It happens to me a lot in trading with bitcoin. You could've make a profit out of that drop mate if you are doing futures trading imagine from $8K to $6.8K it is a huge drop you could have double your capital in 25x cross leverage or make it x5 with 125x leverage but that's too risky haha. This goes the same as what I have learned with bitcoin, as I am doing margin trade I always get easily scared when the price is dropping or increasing drastically in opposite to my trade then when I start to finish trade it will go to my direction, it was like something is wrong with the platform but the truth is it is just a unlucky trade. Just like you, I learned that bitcoin is risky and volatile that needs proper manipulation and good management in order for you to have profits. The best lesson that I've got in bitcoin investment is to become patient, it will really make you calmer and easy to make good decisions and it will help you to prevent stresses and wrong actions in bitcoin. It will boost your critical thinking skills and will let you prepare for a transactions. Patience is the most essential thing for me in bitcoin as it is really effective in making people more attentive about the things in the market and will surely give a lot of profit in your investment. This will be the key for you to adapt and adjust whenever the price of bitcoin goes up and down in the market. |
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Do you think it's possible for gambling casinos to open now with enhanced restriction and customized set up, what do you think ?
If only we understood the amount of money been lost which might take all this sporting event or business months to recover when the lockdown is finally lifted then we'll understand why suggestions like this are popping up into their head in search of alternative to get things moving as usual before the pandemic outbreak. Initially I was off the opinion, that everything should be on hold to see how quick that'll help in fighting the pandemic but recently my mindset have changed as things aren't getting better at the rate I expected. If any business can carry-on their normal function at the same time practice social distancing then I don't see a reason why they shouldn't be allowed to do so. We should just follow our government and play online casinos instead of risking your health just to go to physical casinos. It doesn't matter how you enhanced restrictions if there's still a risk of the virus and there's still no vaccine discovered. No matter how secured and safe your casinos are, once they know that there is still a casino manipulating during pandemic, many people will be alerted and go to an open casino without hesitation. That thing will make this pandemic worst. As much as possible, persevere those online casinos that are open and supported by the authority so that you will not have any possibilities of acquiring the Covid-19 virus. Don't be too stubborn, follow what the government ask you to do and it is for our own safety. Access online gambling instead of actual gambling. |
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Personally, I am not a type of person who likes a lot of introduction, a basic knowledge about bitcoin and how to trade would be enough for me.
To other things, me too but in trading? I guess it will take you more time than what you expected before getting through with it. A simple strategy won't work with all market situation, you must know how to apply every strategy with any market situation, that's what I learned when I began. There are fast learner people who can easily cope up with simple steps but there are also people who isn't that fit for the work however there are way to get to it. All of us started at zero in our cryptocurrency life, we started without even knowing even a single information about market, strategies, technical analysis or any terms that involved in trading. Sometimes, we need more knowledge and seek more information so that we can explore the movement and how trading works in the market. It doesn't mean that because you know the fundamentals and basics in trading, you can always win profit and you will not experiences losses. The key to success and become an effective trader is through practice, experiences and failures. As you learn and learn until you overcome your mistakes, that's the time where you can adapt to the reality and situations in trading. You don't need to hurry up, just take it slowly step by step and you will reach your goal. |
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Bitcoin can never be a commodity, commodities by definition have some sort of industrial utility, and Bitcoin was created to be digital money. So, you are comparing very different things when you ask about Bitcoin being a future of global economy, because it has nothing to do with definition of Bitcoin.
As for the first part of your question, it's very unlikely that Bitcoin will become "the future of the global economy", the adoption rate is extremely slow, and governments can easily reduce adoption if they will feel threatened by Bitcoin. But this doesn't mean that Bitcoin is losing or that it is useless, millions of people find it useful.
Bitcoin is somehow can be a commodity because it is a raw material that can be mined though or in a digital form. Don't be so literal when it comes to treating raw material as physical thing, sometimes there are things that can be treated as a raw material digitally. Bitcoin can be a future of global economy once it achieve a mass adoption that we are all rooting for. It is not that hard to attain that position because there are governments that still don't want to use bitcoin in their community. If they don't feel any comfort and confident in using cryptocurrency in their economy then, they will not use it to prevent downward movement in their economy. I just don't get it why people are judging bitcoin without even trying it. |
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2. Apparently in 2010 due to a bug 184 billion BTC were produced 😂 , don't be so happy guys this error is already erased .
I'm pretty sure that the bitcoin's price that time is really low because of a huge amount of supplies. But we're thankful about that being erased because we will suffer on that price if they don't do something about that. 184 billion BTC is so much huge compared to the 21 million supply these days. 7. The first Faucets actually gave 5 BTC ! *5* to each visitor ( why did I not know of this before 😭)
People will abused the faucets if they still 5 btc nowadays, faucets right now are abused by other people how can they stop themselves if they are really doing that. 11. The first transaction for Bitcoins was made for PIZZA !(first time when it was used as a Currency)
It's really amazing to know this fact about ordering a pizza using a cryptocurrency bitcoin. First ever transaction with bitcoin is really weird but memorable, this thing made a way for the adoption and promotion of bitcoin in a community. After that, I'm pretty sure that people also tried to use bitcoin in their transactions not only in ordering pizza. 12. Lightning network can hold millions of transactions per second! ( Trust me that's good )
That's good in using bitcoin, it doesn't cause any data traffic if there are massive volume of people who are accessing it simultaneously. Plus, it is good and less hassle compared to other transaction like using fiat for payment. Bitcoin can really a good material for payment method in may transactions. |
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The tournament is for the good, if there are still people that don't like such acts of good will, I don't know what they are thinking. The cause of the tournament is for the chosen charity and I hope that there will be such a twist and they have several charities to allocate the prize pot. It's also great to know some celebrities that actually gamble without worrying about their image. Famous personalities are good for the promotion of this charity event. I hope this tournament will be successful. It's a big help for those charities struggling amidst the corona virus.
It doesn't make their image bad, they have the money and people who are open minded understand that these famous celebrities can actually do whatever they want. Money is not a problem, fame and riches so they don't even care if the people looking at them with raised eyebrows because of gambling. Gambling is not bad, maybe some celebrities are gambling just to relieve their stress outside a broadcast media, they play gambling just to entertain themselves. People are really having a bad mindset about gambling, not all gamblers are the same. Yes it is true that there are people who are wasting their money in gambling, but some people treated it as a past time. Celebrities have a lot of money and gambling for a Covid-19 charity is really necessary during this pandemic, they are really helping by doing that. They help people and they relieve their stresses at the same time and that is okay because that's their money. Making a tournament will be essential for the sake of people necessities during this crisis. |
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I totally agree with fundamentals, trading is not easy and the obvious example of it is literally the people who are not getting right right now, if it was easy everyone would have been rich.
Moreover, we are talking about even the most advanced ones are losing money time to time as well, these are people who have spent years to practice and develop their trading and they know everything about bitcoin and trading yet they still lose money time to time, so I think it really is unfair to tell people trading would be easy this way or other way since if the great ones can't do it consistently how do you expect the new ones to make profit? The easiest way to make money is just to buy and hold until you profit no matter how long it takes to rich those levels again.
Engaging in cryptocurrency market is not that easy at first, even if you know the fundamentals of trading, it is still not easy because you need to practice and gain experiences in order to become more effective. Sometimes it takes time and a lot of mistakes for you to learn and adopt how the market moves. It is really complex in trading in the market so you need adjust and learn how to come up with the new strategies over and over again because if you're holding a volatile coin in the market, it will really make you modify yourself. You just need proper and good decision making in order for you to prevent losses and stress, sometimes you just need to have patience so that you have peace of mind and good opportunity to trade. |
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They are using aspects of cryptocurrency technology to create supercharged fiat currencies.
If people are unhappy about government meddling, surveillance and control now they're going to be screaming if these ever get implemented.
They will be able to debase your money with no way of combating it, shut you down if they don't like one of your transactions, extract money from you no matter where or how you're storing it and places like China will be able to control where and how you spend your money or simply make you a total non person incapable of spending, earning, sending or receiving it.
That'll make the case for real crypto more compelling than ever. However it may also make getting in and out of crypto very hard to impossible. It needs to get some form of its own economy that can stand completely outside government money before governmentcoins become the norm.
They are using blockchain technology to implement their own cryptocurrency but the only problem that they will encounter is mass adoption. I'm sure that people will still trust cryptocurrencies that are proven and tested because they see its advantages for so many years. New cryptocurrencies that entered economy will not be developed and adopted that fast because we all know that people are looking forward for an investment where the volume of people in the market who uses it is most likely higher. But some good cryptocurrencies experienced being in that position at first but what can we do, the older the crypto existed in the market, the more it will dominate new cryptocurrencies as these are really giving huge profits. |
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This is one odd sounding movie/television show but personally I think any publicity is good publicity for bitcoin at this point. ( a good example is wikileaks and silk road. Satoshi was not happy about bitcoins connection with wikileaks but it did up bringing a whole lot of attention to bitcoin. Same goes for silk road. Sure an online drug emporium isn't a great look for bitcoin, but some argue if it had never happened, bitcoin may not be anywhere close to where it is today).
I wish there was a way those of us outside of S Korea could watch it?
This is a good mini advertisement and promotion about bitcoin, that short span of time presenting the bitcoin will make people notice that it is existing. Some people are not that knowledgeable about cryptocurrency, this will make a way for a mass adoption of bitcoin in South Korea. Especially, to those people who are interested in investing a cryptocurrency but they're afraid and they lack of knowledge about that. Seems that it is hard to get that movie. And it would be hard to watch if there's no English subtitle. But anyway, if SKoreans will watch it, they may have idea what crypto is especially those who are still non crypto users. I guess it is good on crypto, raise awareness about its existence.
Most of the movies have subtitles because they are mostly watched internationally. There is always an English subtitle in every movies because that's a universal language and people have rights to watch movies no matter what country that movie originated. We need more movies that promotes bitcoin so that we improve and develop mass adoption more. |
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Without vaccine or a full proof medicine, the only way to tackle the virus is to contain it. Testing players and officials could be a way to go ahead for small sporting events but the global events like olympics and world cups would not be able to carry on with the virus still in loose. If it takes a long time, we may change the way we do and view sports.
The only time where sports can be continued or resumed completely is when the virus is completely eliminated. Until there's still a virus and the vaccine is not yet discovered, there is still a risk of getting the virus from one person so it is not safe to continue those events. Most especially that sports includes a lot of people and olympics have many participant from any part of the world. It is risky to do those events when the pandemic is still active, vaccine is always necessary and the most essential during this kind of pandemic because it will make people immune to the virus and become comfortable doing something or attending gatherings. I think that it will take more time for that to discover because this virus sudden appeared without us knowing it and we're not prepared to come at this point where we are all suffering. |
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~snip~
Well, according to what I have been learning from trading and especially from the general operation of cryptocurrencies, everything points to the fact that the currencies that are closest to Bitcoin, such as ETH, Monero, among others, are the ones that are most likely to grow rapidly, since that represent greater security, have more history and follow the Bitcoin movement, in fact all altcoins follow and depend on the Bitcoin movement, therefore I would lean more towards ETH (For being considered the second after Bitcoin) and Monero for being of privacy and anonymity. It is true that ETH is the nearest to bitcoin compared to other altcoins like DEX,, NEM and PIVX. Ethereum is the potentially coins that we are watching right now because it is also a good alternative for bitcoin. It also gives its investors good amount of profit and it is reasonable because of its movement in the market. If i will choose what altcoins should I invest, then I will choose ETH and DEX because it is really effective in the market but it will never replaced the good advantages and dominance of bitcoin in the cryptocurrency because of its mass adoption and globalization. It is the famous cryptocurrency that we are getting benefits right now so it is no wonder that still it is the best crypto compared to altcoins. Its growth is not that fast but as you are monitoring its price from time to time, you will some improvement just like the volatility of bitcoin but still bitcoin is the most volatile coins that you can have as an assets. |
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This is one really unnecessary long and boring forum post,OP.  There's no need for such grandiose thing as "Rebooting the World".When the lockdowns are over,the life will go back to normal.From my own experience I know that 98% of the people never change,so forget about "self-actualization" and other psychology terms.Most people will never find and embrace religion or philosophy And no,the consumer culture isn't coming to an end.This is some really bold statement. During the lockdowns,everybody is buying food,using internet,shopping online,wasting their time consuming stuff.This is consumer behavior,right? The consumer culture is far away from it's own Armageddon. Maybe, it is just like a restart or refreshing our mind about the pandemic because it is not that easy to go back to normal if you know that there is still a risk of getting the virus. Soon after the vaccine has created, that's the right time for us to restart and help each other recover and grown again from this virus. There are a lot of people and sectors that are really affected by this virus and having a hard time to stand up again because not all of us are equal financially. We need to work from the start again, save money, do what we are doing before this pandemic and go back to our normal state. Having so much confident after this pandemic will put your life in to danger so still be mindful and keep yourself safe after recovery. |
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