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181  Bitcoin / Legal / Re: How is bitcoin supposed to be? on: July 30, 2018, 10:46:32 PM
I really don't understand this fetish people have about implementing regulations everywhere... You ask how Bitcoin is supposed to be and then start talking regulations are a must otherwise governments will ban it and the price will fall. I believe Bitcoin is supposed to have nothing to do with regulations. You have Blockchain system and it's already public and transparent for all, so what regulation do you need?
182  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Mining Really Causing Environmental Damage? Maybe not that much... on: July 30, 2018, 12:58:04 AM
The Chinese rivers help a Filipino immigrant in USA to send his payroll to his relatives in the Philippines for cents of a dollar, rather than for a 40% commission fee via Western Union.

Hmmm... I think it gives an idea of who is disturbed about Bitcoin's potential and its positive impact on the world. Ecological excuses are a good strategy when you want to weak an opponent. Always suspect exaggerated predictions told by ecology experts as they were absolut truths.

Bitcoin isn't the first victim of the environmental activists and it won't be the last...
183  Economy / Economics / Re: Any help about how the world is run economically? on: July 26, 2018, 11:42:01 PM
If you live in a free market society you are free to become rich, unfortunately it's not the case of everyone in the world.

However even working and being possible to become rich, most people still have precary lives. That is because their jobs can be executed by many others, there is a high supply for this activity, so the employers don't need to raise the wages too much to find workers...

On the another hand, many people don't have an organized life. Too many children = high monthly expenses... Others spend too much money in superfluous things (alcohol, gambling, clothes and accessories, eating out often...).

And I think the reason why money can't be printed deliberately is very clear, right?
If it was possible, fiat system wouldn't be a disaster on long term...
184  Bitcoin / Bitcoin Discussion / Re: Is the existence of bitcoins a threat to jobs and national currencies? on: July 26, 2018, 09:43:40 PM
If people used Bitcoins as currency more often it would indeed weak the national currencies, but not the individuals of the countries. If Bitcoin gives more purchasing power to everyone, what is the problem? It will help the economies to develop. What is good for the citizens is good for the country!

Essential jobs will continue existing, as without them there isn't civilized and confortable life anywhere. But of course, there are a lot of worthless jobs nowadays that no one would complain if they didn't exist... And I also think Bitcoin isn't a threat to jobs, but the opposite. When people have more money on their hands the tendency is that these people will create more jobs, they will hire people to work for them.
185  Economy / Economics / Re: Greediness leads to market manipulation. on: July 26, 2018, 07:46:59 PM
Sorry, but you are not going to change this reality. There will be always people causing the chaos to be benefited, especially on the financial market where speculation and unscrupulousness are a must. The point is that the risks are clear for all and if you don't agree, better to stay away.

It doesn't mean a common, innocent investor can't take advantage from this scenario. Invest money you can afford to lose, don't be greedy like the ones you criticize and withdraw your profits often to another investment, a solid one. This way you build your patrimony avoiding the risks and protecting yourself against manipulation.
186  Bitcoin / Bitcoin Discussion / Re: NO! Do Not Invest all you have on Bitcoin and Cryptocurrencies on: July 26, 2018, 06:37:51 PM
Responsability when investing money is always very important. Your advice is valid and very useful for those who are enchanted by Crypto-Currency world, what is very common in newbies case. They discover Bitcoin and think their money will be doubled, tripled, quadrupled in a short time period and invest more they can't afford to lose. The result can be a success or a disaster... Both consequences must be taken in consideration and a 'safety factor' strategy, as you say, should be used.

Invest in BTCs, but invest in other options too, even if the returns are low, but safer. Operating in different fronts you won't be surprised later by unexpected losses or worse, unrecoverable losses...
187  Economy / Economics / Re: WHEN WILL PEOPLE LEARN? on: July 25, 2018, 03:25:08 PM
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy? 

Because they hope to enjoy some profit during the first 2 hours, while it's pumping, as you said. It's a high risk investment and those buying the tokens should know about it. If you aren't confortable with this kind of deal just don't buy the tokens and look for better, more solid options to invest your money.
I believe people learn when they themselves experience the good and worse consequences. They tend to panic, to be too impulsive and is after of quick richness that lead them to forget the essence of patience, determination, and commitment. We should be careful what we are dealing with, we should build a strong foundation of knowledge, and possess the right attitude when dealing with trading and investment. Failures and mistakes are part of success, so we should be mindful and learn from every good and bad experience in the field of cryptocurrency.

Yes, after some negative experiences the person tends to "learn" and start looking for another options of investments. But sometimes it can be like an addiction too, what is harder to stop. I also think we should be careful about our money and where we are putting it, but there are people who like to feel the risk and they live fine with that... It really depends on each ones personality.
188  Economy / Economics / Re: WHEN WILL PEOPLE LEARN? on: July 23, 2018, 01:10:57 AM
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy? 

Because they hope to enjoy some profit during the first 2 hours, while it's pumping, as you said. It's a high risk investment and those buying the tokens should know about it. If you aren't confortable with this kind of deal just don't buy the tokens and look for better, more solid options to invest your money.
189  Bitcoin / Bitcoin Discussion / Re: Why did the government want to kill Bitcoin? on: July 22, 2018, 04:22:08 PM
I think these points are just excuses presented by governments to forbid Bitcoin while preserving their image as protectors or keepers of the people... Fiat finances terrorism, crimes are committed for and with fiat, illegal weapons and smuggling in general is done through fiat, there are several ways to evade taxes without Bitcoins...

These problems exist since a long time ago, it's not because Bitcoin appeared recently that these issues are increasing. And to ban or control Bitcoin isn't a good solution. Actually I really doubt governments are worried about these issues, they are just worried about having less control over individuals lives in a decentralized system, and worried because their partners, the banks, will make less profit if people move their funds to Bitcoin.
190  Economy / Speculation / Re: Uptrend again? Bitcoin will reach 10k$ soon? on: July 22, 2018, 02:04:29 AM
Interesting that on the day BTC hit $7000 recently, there was a belief Bitcoin could go directly to $10.000, then Bitcoin has lost speed right after and stopped between $7300-$7500, things became more uncertain again and a belief of fall in price gained strength, following the argument that there wasn't enough power to keep rising on that increasing line of days ago. But Bitcoin is showing there is some gas left to keep moving.

If Bitcoin is stable near $7500 and fighting to rise a little more, there is still hope it can hit $10.000 at this time.
191  Other / Meta / Re: what is actually our mission in the bitcointalk forum on: July 21, 2018, 05:09:29 PM
Our mission? I don't think there is any collective mission to be completed here. You are here by yourself, as an individual, so don't try pleasing other individuals or little factions by doing what they want just to gather some sympathy, set your own objectives, set your own mission: To share your thoughts, to read the news, to earn money, to find useful Crypto services... Or any other "mission" you can think about.
192  Bitcoin / Bitcoin Discussion / Re: The primary idea of bitcoin on: July 21, 2018, 04:55:25 PM
Only Mr. Nakamoto could answer this question exactly. But I speculate the primary idea of Bitcoin would be to have autonomy when dealing with money, without the necessity of having a central authority behind it. I think it's not about making "social justice", it's not about taking money from riches to give to poors. It's all about fairness and autonomy, simple concepts that should be respect and agreed by everyone around.
193  Economy / Economics / Re: Can bribery collapse a nation? on: July 21, 2018, 04:02:34 PM
A country where bribery is a common practice is a country without laws and without examples to be followed. So the common citizen will adopt the same practice on their life too, as the authorities do and it's normal. After some time, several negative effects will impact a society like that.

Mistrust among people, insurgence, conflicts. Also, all the energies of these people will be concentrated on these matters. It's like a war atmosphere, but without any perspective of restoration... What means there isn't place for creativity, development, fraternal feelings. A nation like that is indeed doomed to collapse.
194  Bitcoin / Bitcoin Discussion / Re: Invest into Bitcoin or bank on: July 19, 2018, 08:26:52 PM
The best way to prove Bitcoin is better than banks investments is to show real and concrete results. You can tell him anything, but there isn't any guarantee he will agree with you in the end. So, try using only a part of the $2000 to invest in BTCs, maybe $500 or $1000. If even this possibility isn't possible for you, just take money from somewhere else and use it to invest in BTCs. When you achieve your goal, turn back to your uncle and share with him your experience! Then he will be seeing it with his own eyes!
195  Bitcoin / Bitcoin Discussion / Re: How could bitcoins survive further on: July 19, 2018, 01:45:18 PM
I think there should be a body to Target these kinds of issues and body which will stand up for bitcoins and other cryptocurrencies and present them in from of the judiciary, so that everything can be fair .
Right now governments are doing whatever they please.

Actually the judiciary has autonomy and authority to revert the bank's situation. I know about countries where the banks tried to ban Crypto exchanges accounts from their system, but after a lawsuit against the bank they were forced to allow the exchange's account again on their system. And it happened more than once... But it's different from country to country, and I'm sure the judiciary isn't independent in all countries.

Bitcoin will survive while people fight these little menaces against decentralization each new day, with the help of good authorities, if possible.
196  Economy / Economics / Re: Government regulation on cryptocurrency, GOOD or BAD? on: July 19, 2018, 12:45:28 PM
Bad. The official justifications seem Ok and good, but on the practice it's only useful to get more money from the common investor to the government's pockets through the taxes. With or without regulations it's possible to track and find terrorists and any other kind of criminals, it's just an excuse to turn regulations more confortable and acceptable for everyone.
Taxes is the main concern of our government and of course they will not let their people to earn more money without paying it so I think its really depend on one government. If they make a decision about thing technology, usually normal people can't do anything about it so if the government bans cryptocurrency in your place, for sure you will be broke. For me good regulations with cryptocurrency is ok for me, it may have a good or bad effect but hopefully its more on the good side.

Indeed there isn't much common citizens can do when a government makes a final decision. But the total passivity and acceptance towards situations like that only give rise to more abuses in the future. A people who accept everything and anything their government impose to them is a weak people.
197  Economy / Economics / Re: Government regulation on cryptocurrency, GOOD or BAD? on: July 19, 2018, 03:32:24 AM
Bad. The official justifications seem Ok and good, but on the practice it's only useful to get more money from the common investor to the government's pockets through the taxes. With or without regulations it's possible to track and find terrorists and any other kind of criminals, it's just an excuse to turn regulations more confortable and acceptable for everyone.
198  Economy / Economics / Re: How the Bank works to make money? on: July 18, 2018, 10:53:31 PM
How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
Banks get their money mainly from issuing interest loans to their customers and as transaction fee for money transactions.But bitcoin has caused a huge fall in their revenue from transactions.

Yes you are right and that is the reason why cryptocurrency is a threat to the business of banks because it can actually decrease the people that are placing their money on their business which will slowly decreasing their own profits.
They are using our money to lend to other people in that way they earning a lot but they are just giving us a rate in which is not fair unlike here in cryptocurrency we can earn what we are earning in a bank for a year in just a day.

Yes. They lend your money to others, while sharing a very little part of the interest with you... The interest they charge from borrowers is much higher than the comission they give you back. Also, everything is secret: as a saving account holder in the bank, you don't have access to any detail about how your money is being used, how much the bank is really making with it. And I'm sure the reason behind this is to not create revolt among the bank's users.

Banks work with bureaucracy, shadiness, corporatism and protectionism, that is how they make money.
199  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Become Mainstream In The Next 10 Years? on: July 17, 2018, 08:58:26 PM
I don't think there will be a large number of industries using bitcoin in 10 years. Many companies will use blockchain technology.

That is a good possibility. Bitcoin in a decentralized way isn't interesting for governments and their friendly businessmen, but Blockchain technology is. To become mainstream isn't an easy task, you need the cooperation of the media, big investors, corporations, governments, mafias... And Bitcoin doesn't have support from any of those factions.

But these factions can invest their time and money in another Crypto-Currency, making use of Blockchain technology, until they have a new centralized mainstream currency.
200  Economy / Speculation / Re: Market is Now GREEN, any underlying factor? on: July 17, 2018, 08:14:58 PM
Coincidence or not, the World Cup just ended and BTC's price started showing visible signals of recovery... What could mean investors are coming back to their investments, after spending their money travelling. Gamblers who moved their funds to fiat to gamble in Cup's results might be coming back to Crypto-Currency too, to start building their bankroll again.

Many Crypto enthusiasts use virtual currencies to build their savings, their bankroll and once they have an opportunity to travel, to have their vacations, holidays they will consequently convert it to fiat and spend the money this way (weaking Crypto-Currency for a while), but when the fun is over they come back to Crypto-Currency again, increasing the demand, increasing the currencies prices.
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