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21  Bitcoin / Bitcoin Discussion / Re: Why are some individuals hostile to Bitcoin? on: August 31, 2021, 08:16:45 AM
It is obvious that they have lost their money in cryptocurrency. Will not invest to cause heavy losses and hate Bitcoin.
Only understand the shortcomings of Bitcoin, and don't care about the advantages of Bitcoin.
The country bans Bitcoin and believes the negative news reported by the media.
22  Economy / Economics / Re: Bitcoin assets cannot be blocked - is that helping terrorists? on: August 31, 2021, 08:11:26 AM
Bitcoin will not appear in your wallet out of thin air, you need to use legal currency for exchange.
When funds have been blocked, it is impossible to use legal currency to exchange bitcoins.
  Bitcoin transactions are recorded on the public chain and can be viewed by anyone.
23  Bitcoin / Bitcoin Discussion / Re: Can bitcoin make someone the richest in the world? on: August 20, 2021, 09:01:21 AM
Yes, it can make you the richest person in the world.
It can also make you nothing. Grin
24  Economy / Economics / Re: Food prices doubled this year on: August 20, 2021, 08:54:32 AM
Any problem may cause inflation. Inflation is a neutral term, and there is no good or bad. Inflation may lead to economic development or economic downturn.
Inflation is rising prices, not because the demand for money is less than the supply of money
25  Economy / Trading Discussion / Re: Emotions should never be traded. on: August 19, 2021, 06:29:30 AM

Quote
Marcel Proust once said: "The changes in the weather are enough to reshape the world and ourselves."
If Proust goes one step further, he will say that "emotions" are enough to reshape the world and ourselves. After all, our emotions have a lot to do with the weather outside.
Based on our experience as human beings, we are very clear that emotions can "reshape the world and ourselves" and affect our thoughts, judgments and perceptions.
Emotions can make us make wrong judgments when investing. Being driven by emotions to trade is a disaster.
When we have negative emotions, do not make any trading investments.
26  Bitcoin / Bitcoin Discussion / Re: With all your assets, Investing in Bitcoin is really a madness or beneficial ? on: August 18, 2021, 07:28:19 AM
Investing in Bitcoin with all your assets is absolutely crazy. This is no longer an investment, this is already a gambling.
Us ordinary people can't do this. Because we still have to live and have relatives. In case something happens. It may lose more.
This is just a successful example. There are many examples of failure. So we still have to make a stable investment. Responsible for our money and responsible for our family.
27  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin in the highest level of trust? on: August 17, 2021, 07:26:04 AM
Bitcoin is king!
The first cryptocurrency was Bitcoin, and the other cryptocurrencies were issued through Bitcoin. Their codes are similar. Some coins directly replicate Bitcoin technology.
When the price of Bitcoin increases, it can promote the development of other cryptocurrencies. When the price of Bitcoin drops, other cryptocurrencies will have an impact.
After so many years of precipitation. Bitcoin is the wind direction tower in cryptocurrency.
28  Economy / Economics / Re: Crypto vs Stocks on: August 17, 2021, 07:22:32 AM
Stocks are as stable as gold. But the risk of stocks is also relatively large. Maybe you become rich in an instant. It is also possible to change from the rich to the poor.
The same is true when comparing stocks and cryptocurrencies. All investments are risky. But I personally think that stock investment is simpler than cryptocurrency.
I studied stocks before I became familiar with cryptocurrencies. If the funds are available. You can invest in both.
29  Bitcoin / Bitcoin Discussion / Re: What is the legal status of Bitcoin in your country? on: August 16, 2021, 07:20:54 AM
Normal use.
However, the government has not indicated that it is advocating the use or setting up Bitcoin as legal tender.
It is hoped that the government can notice the advantages of Bitcoin earlier.
30  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption and increase in crime rate, how correlated are they?. on: August 16, 2021, 07:18:19 AM
Bitcoin implements a nominee system, and its transaction details are publicly recorded in the Bitcoin database (blockchain).
If Bitcoin is used in criminal activities, transaction records will always be made public to the public chain. Once the supervision/criminal investigation section traces the connection between any relevant Bitcoin address in the transaction record and the individual/entity, this transaction record will always become criminal evidence.
31  Other / Meta / Re: Do You Believe a New Forum Software Will Attract More Users to Bitcointalk? on: August 14, 2021, 03:34:48 AM
There are relatively few advertisements on the forum. If there is a brand new forum, many old members on the forum will not be interested in the new forum.
This forum has accumulated a lot of history. If there is a new software, it means restarting. Many meaningless topics have to be talked up again. There are many topics that have already been discussed.
32  Alternate cryptocurrencies / Altcoin Discussion / Re: Number of altcoins keep increasing! on: August 14, 2021, 02:46:26 AM
We cannot prevent anyone from issuing coins. Anyone on the chain can issue coins.
There are currently countless altcoins issued. But there are also many altcoins that are dying.
Some new projects also have investment value. There are still no meme coins backed by giant whales like Dogecoin or Shiba Inu.
We must be cautious when investing in memecoins. To prevent being deceived.
33  Bitcoin / Legal / Re: Is Bitcoin an independent property? on: August 07, 2021, 06:06:30 AM
It depends on your rights in the family buddy.

Bitcoin can be regarded as private property. Bitcoin uses a special cryptography to facilitate its system of storing and transmitting value. It is through this mechanism that your wife cannot obtain them directly.

Formally speaking, property is a legal concept defined and enforced by local sovereignty. The specific implementation situation varies from political system to political system.
34  Economy / Speculation / Re: Is Bitcoin Bullish At The Moment on: August 07, 2021, 04:02:29 AM
The downtrend is likely to have ended.

In the upward trend, the negative power effect is weakened due to the huge potential energy that is like a snowball upward. Unless it is bad news with a level. (Regardless of whether the news is true or false, it may cause a decline).

Any trend will run out of potential energy, depending on when the news is counterproductive, it means that the trend is overdone.
35  Economy / Trading Discussion / Re: Is margin trading good for beginners ? on: August 07, 2021, 03:52:59 AM
Pretty sure you have heard of margin trading at some point. However, not many people know its actual meaning. Margin trading gives you the opportunity to open a position larger than the amount in your account or initial deposit. The higher the return, the greater the risk, so please think twice.

Many factors determine the current risk of your account, margin trading is the most dangerous one, stay away from him.
36  Bitcoin / Bitcoin Discussion / Why should you own at least one Bitcoin? on: August 05, 2021, 11:11:43 AM
Many people are considering how to invest in Bitcoin. My advice is: try to hold as many Bitcoins as possible. If you are not rich, you also need to hold at least one Bitcoin. If you don’t own one Bitcoin, It is possible that an entire era will be missed.

Why would I suggest this?

Because I think Bitcoin will rise to an unattainable price in the future. In fact, it is difficult to value Bitcoin according to traditional valuation systems and models. Because Bitcoin belongs to a completely different category of assets, I think a more accurate name should be "monetary assets". This is an asset with a very strong currency attribute, and it is also a currency with a very strong asset attribute.

It has become a consensus that the economic crisis will come back every once in a while. The reason for the financial crisis is very simple: both parties are greedy, investors' greed and bankers' greed. Greed is what it should be on Wall Street, it can almost be regarded as an obligation.

And when will the next round of crisis come? We don't know
37  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin in the highest level of trust? on: August 05, 2021, 10:19:31 AM
Since entering the industrial age, economic crises and financial crises have erupted intermittently. The double-entry bookkeeping method used in the contemporary financial system, invented centuries ago, hides the truth. The bank manipulated behind the scenes, making the assets and liabilities the same as the prescriptions written by the doctors.

The "decentralized digital currency" based on the blockchain provides people in the world with a new trust model "decentralized trust". Bitcoin is a complete, trusted, verified, secure, financial and accounting Digital value system.
38  Economy / Trading Discussion / Re: Why can a piece of news from the Chinese government affect the price of Bitcoin? on: July 08, 2021, 06:49:21 AM
Because many mines in the world are in China, when China issued a ban on mining, it had a great impact on the price of Bitcoin, but I believe that with the relocation of these mines, China can no longer control more When computing power, the impact on the price of Bitcoin will become less and less, and there are also many newcomers to crypto trading and investment in China. When they see the price drop, they will sell their cryptocurrency due to panic. The market price will fall. Whether it is China or the United States, the ban on Bitcoin by sovereign powers like this will have a series of effects on the market.
39  Bitcoin / Bitcoin Discussion / Re: What if influential people buy Bitcoin back and forth? on: July 08, 2021, 03:17:27 AM
Usually these people with huge wealth will have two effects when entering the Bitcoin market. One is a positive effect. Whenever a giant whale enters the market to buy a large amount of Bitcoin, the market sentiment is very positive, which will attract more people to enter. The market, so that the price has risen all the way; but on the other hand, it will also bring a negative impact, as the op said, as the giant whales buy and sell, the market is extremely unstable, and they can easily affect the rise and fall of prices. But what we can also see is that their impact on the price of Bitcoin is only short-lived, not long-lasting, and more of a celebrity effect. As the mining volume of Bitcoin gradually decreases, its price will become more and more stable, and no one can completely manipulate the price of Bitcoin.
40  Economy / Economics / Re: Can Bitcoins kill Central Banks? on: July 08, 2021, 02:17:58 AM
I think Bitcoin cannot kill the central bank and replace the fiat currency system, because it is impossible for the government to transfer the country’s fiscal power to a completely decentralized institution, so that the government cannot control the country’s economic system. If market conditions are good, People will not complain, but when the market is depressed, I think the state still needs to intervene to carry out macro-control to restore the market to normal, and the legal currency system provides service guarantee for our daily lives. It is impossible for Bitcoin to completely replace the legal currency system.The government would rather choose to issue digital currency than let Bitcoin kill the central bank.
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