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What i know for sure is that zuck is agood business man. he will invest in one way or another in the sector. what am not sure of is wheter he will create a crypto. maybe he will create a better exchange sector which will compete fairly with other exchanges. this will enable him to particiapate in the sector without really owning crypto. blockchain will aslo be used to carry out various activities in facebook just to reduce operation cost in the near future.
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there are numerous reasons why many countries always face political instabilities when election time is around the corner. one of the key reasons facilitating this in my county is tribalism. a good sum of people only vote basing on tribal lines. the elected members also do not focus on making the entire country progress but they only help out their tribesmen. this has led to war among various groups since most issues being faced are politicized basing on tribal politics.
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it really depends howe long you want to keep your money. in instances where you are planning to keep the cash for a short span of time then bank will be a suitable place for you. someone who is planning to keep his cash for a long span of time should consider crypto. this is because its way profitable when compared to the bank. apart from that if you keep your money in fiat for a long span of time it will loss its value. Read about it here. https://www.officialdata.org/1960-dollars-in-2016?amount=1
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To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money
For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
being rich is a state mind. most of the people who are considered rich in the society at the moment have good working ethics. apart from that most of them started hustling when they were young. it takes a lot of time and resources for someone to be considered. to answer your question, money can make you rich if you invest it in the right manner. most of the people always loss huge sum of money in the financial sector since they do not take time to really understand the market.
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With the increase in number of people who are now using crypto, what do you think is the position of {IMF}international monetary fund, and will the institution support the use of crypto in the long run?. how will the full adoption of crypto in the near future shape IMF? Do you think the use of crypto make it easy for IMF to carry out its daily activities. Your views will be highly appreciated.
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Between 2004 and 2010, HSBC laundered Billions of Dollars for the Mexican Drug cartels and nobody blinked an eye. After 7 years of doing this, they got busted and they paid US$1.9bn in fines. {This could be recovered in profits, within a few weeks} Most people saw this as a slap on the wrist for the people who were involved with this. Not one person working for the Bank got jail time for doing this. https://observer.news/featured/5-years-ago-hsbc-fined-record-us1-9bn/Ross Ulbricht, was sentenced to life in prison without parole for creating and running Silk Road, which allegedly facilitated the sale of $250 million worth of drugs. Why are we seeing such double standards, when Bitcoin is involved? In every b venture there are both negative and positive aspects of it. the main issue being faced at the moment is that mot of the peopkle are focusing on the negative aspects of bitcoin. with time people will appreciate the essence of it. by the fact that most criminals are using it to transact doesn't mean it does not offer many benefits to people who are using it in the right manner.
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The first one was powered by the steam engine, the second combustion engine so the third would definitely be robotics, with some 3rd printing thrown in. It's a bit hard to predict how blockchain would integrate with these but with 3rd printing I can assume there would be smaller factories linked up so it could be a system to run that.
Even today I'm already seeing wooden furniture "3rd printed" using automated cutters via designs downloadable online. Who knows, maybe blockchain would be used to track who bought which design and people can just walk up to a store, download the design, have it printed and then just assemble it at home.
I also internet of things will be of great essence in making this possible. with many devices interconnected people will be able to get optimum standard of utility out of all the facilities they are using. taking of 3D printing, that will be of major essence in the health sector. that means doctors will be able to print organs.
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As someone who comes from a developing country, it will be quite hard for us to get into the level of the rest of the globe because of the regulations which are being put in place at the moment. the only thing which will change the game is the advancement of solar panels and other green energy sources. this will be good in the long term.
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. This post really tells me how hard it was for people who adopted btc in its early stages. it seemed that there was no clear future for btc then
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Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
there are numerous things which hinders the full adoption of crypto. most governments are comfortable with crypto since they cannot control it. this will be hard for most governmental entities to enforce various laws. apart from that its quite volatile and thus not suitable for use in the long term. my hope is in the near future we will have stable coins which can be used to transact easily.
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Hello btctalk.i am in this cryptoworld since from many months but i never seen this much deep of btc so i have some questions related to it.
1) why bitcoin price gone this much down? 2)why bitcoin price fluctuate too much? 3)which features affect on the fluctuations of price of btc? 4)Is bitcoin price affect on altcoins? If yes then which altcoins price get affected by it ànd which are not? 5)when we should see the price increament in BTC?
1. the decrease in price is normal when it comes to unregulated market. with time the market will recover. 2. there are many external things which facilitate this. one of the key things include the regulations which are being formulated by various governments. the whales also play a crucial role when it comes to the rates. 4. most of the coins get affected by BTC because most of them are tied to BTC. am not sure if this will stop anytime soon.
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i beg to differ, i dont think most of the people are scared. most of the people who are now getting into the market know less about it. a big sum of them are just investing in it to make a profit but they do not really believe in the tech enough thats why they are always quick to sell when the market correct. you will be surprised by the number of people who do not really know the benefits of block chain. some btc holders acquired the crypto because of a friend or a family member.
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hey everyone, this is my first signature and i have a question to ask. after offering my details should i also fill the spreedsheet{https://docs.google.com/spreadsheets/d/1YLLtrhEIImX5n1kcTsdQgt7Kp81eihzpyL2aNy2iP3c/edit?usp=sharing}? your response will be highly appreciated.
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Btctalk name:Vik254 Rank: jr member Current post count: 44 BTC address(No BCH):3G4tk3SSHcGmBWciY4jT5Np2syWksAS9EA Wear appropriate signature: yes Wear avatar:N|A
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Hello,
I found a website named P4ay.com that buys your bitcoins with paypal. I checked its reputation on scamadviser.com and it is good. Has anyone used or heard something about this site?
Thank you
i Think the site is good. i have been using it for more than 6 months now and i have no complains. apart from that they have good support team and thus you can be helped out easily. incase you want receipts to prove my point ill be more than glad to offer. Thank you.
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As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?
there is numerous things which facilitate this. one of the key things is that most of the people who are investing in the sector are doing that to make a profit, they do not really believe in the projects. because of that incase of major drop in market most of them end up selling with low rates. some of them also sell with low rates the regulations which are expected to be enacted. in some instances the regulations may lead to reduction in rates. so as to avoid major losses some of them have been forced to sell their coins.
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How to live comfortable in an over populated environment?
For the human race to be able to survive in a highly populated enviroment, we will be forced to change our economies. most of the activities which are now being carried out by firms are based on linear economy. linear economy refers to the process of "take make process" with the scarce resources at the moment this is not sustainable anymore. most of the resources being offered by nature are almost depleted. we should embrace circular economy, this is where waste gets eliminated in the economy. after using a certain product it will be refurbished and used again. this will enable us to sustain the high population growth with the limited resources being offered by the enviroment.
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do you think positive and negative issues about cryptocurency on the internet will affect the rise and fall of the price of cryptocurency. therefore I have an opinion, what if we make a positive issue about cryptocurency that may make or affect the rise and fall of the market price of cryptocurency and here we are in a very big community, isn't that likely to affect globally ? and how do you think about it ?, I want to see opinions from your side of perspective Thank you for your concern
The best thing you can do i to educate people around you about the essence of crypto. Generating positive news cannot facilitate long term growth of the market.
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When will the third industrial revolution happen? i would also like to get your views on whether blockchain will be a key component in facilitating third industrial revolution.
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