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21  Economy / Economics / Re: Study says 79% of cryptocurrency event attendees are men on: May 10, 2019, 07:20:12 AM
The study shows that the cryptocurrency events “have a long road ahead toward gender inclusion” and such events have “to change.”

Bizzabo co-founder and customer success chief Alon Alroy said in relation to the study’s findings that “there is a lack of gender diversity” in the cryptocurrency industry and that it is “reflected in the attendance for these events.” He mentioned that such lack of gender diversity is also true for the tech industry in general.

Click the link for more info: https://www.unblock.news/news/study-says-79-of-cryptocurrency-event-attendees-are-men
Atleast there is 21% are women. I think it is normal. Generaly men are responsible to earn money for their wifes and children, bitcoin is more cosidered as an asset rather than a currency so maybe woman will only take a small part in bitcoin but if bitcoin is mostly used in e-commerce market place then I am sure that the percentage of women who take part in bitcoin will be increase because women loves to shoping.
22  Economy / Economics / Re: Crypto replacing fiat? on: May 09, 2019, 01:59:26 PM
Maybe is impossible cryptocurrency could replace fiat, many people still do not know how cryptocurrency and bitcoin are working, how to make payment with cryptocurrency and how price is speculative.
well, so many considerations before cryptocurrency replaces fiat. even the public's trust is still so small about crypto. well, in my place, many thought that crypto was related to gambling, and could only be used as that. well, i think before replacing fiat, maybe a lot of people have to learn about this technology.
Country need a currency that it can control so the country's economy will not controled by other country. We can make many consideration about this but we also need to consider about gold as well. Gold is more suitable as currency although it is not practical for wprld wide transaction. Maybe the win win solution is use both gold and bitcoin as currency that replace fiat.
23  Economy / Economics / Re: What's Crypto innovation for you? on: May 09, 2019, 12:51:25 PM
Hats off to the one who found crypto currency. As we say this is Legend Satoshi Nakadomo, lets appreciate every step he has taken in implementing the same. Lots and lots have changed now after crypto currencies have brought in if you look at. Mother of crypto currency the Bitcoin has shown its growth in the market turning everyone towards crypto currencies.

How do you welcome the crypto innovation? How can you describe your experience here?
This innovation can change the wprld economy to be better. The decentralization idea is very good. I actually feel bad when fiat money value decrease because of inflation. Although bitcoin price is volatile and unstable but atleast the maximum amount of it is limited so I can be sure that bitcoin is tend to deflation rather than inflation. Its make me feel that bitcoin is better than fiat money.
24  Economy / Economics / Re: become rich by bitcoin. on: May 09, 2019, 09:56:32 AM
worth mentioning is success becoming rich by bitcoin. is it appropriate to call success if all of that is obtained from a fraud. What do you think  Huh maybe a successful villain is the appropriate name 😅😅😅
Who do frauding?? You should make a clear statement. If you meant people who do frauding are those bad people who create scam ICO then run away after get investors money then I can understand but if you meant that bitcoin in geneeal is a fraud then I have to correct you. People who loss their money in bitcoin trading can't pretend them them self as victim of fraud. It is part of investment risk. Nobody push anyone to invest in bitcoin.
25  Economy / Economics / Re: Big risk ,big results. on: May 09, 2019, 03:32:44 AM
The trade knowledge that is already basic and already used by many traders that is already done will certainly understand that everything we do with trading requires capital. how about a little capital but will get a big profit? obviously impossible. surely with large capital will also benefit big too. this is indeed a commercial law.
Your statement is right. Big capital can give us big profit in trading. I just want to add one important thing. Big capital is not the main thing, the main thing is skill. When we have big capital and we have good trading skill then we will know when we must enter the market and when to sell to get profit.
26  Economy / Economics / Re: Crypto as a payment method for goods: what to expect in 2019 on: May 08, 2019, 01:58:12 PM
Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there.  
Over the past year, the market capitalization within crypto soared to the Moon.  Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?
It seems that bitcoin and other cryptocurrency will be widely used in E-commerce marketplace. And also recently there are many cryptocurrency related e-commerce project that emerged, I think this kind of project will be success in 2019. Although people's enthusiasm to invest in bitcoin is big but it seems that there are more cryptocurrency holders who want to have fun with their bitcoin and spend it directly at somewhere that accept it. Including me, actually.
27  Bitcoin / Bitcoin Discussion / Re: Stop chasing the "next" bitcoin on: May 08, 2019, 10:22:50 AM
Your suggestion is good but you can not push otherselves to not invest most of their fund in altcoin.actually I agree that there is no cryptocurrency that better than bitcoin, honestly I also ever invest more than 90% of my fund in a token but fortunately the token price has gone up then I sold all of that token for btc. I think invest in token for long term is risky but it is okay for short term investment. I always convert all of my token to btc so I always safe.
28  Bitcoin / Bitcoin Discussion / Re: Will You Advise Newbies To Enter Bitcoin Now? on: May 08, 2019, 06:49:22 AM
I think this time is safe for newbies to start to invest in bitcoin. It seems that the price will not go down to $3.000 again. Actually I have given advice to some people to invest in bitcoin but most of them didn't care about my advice. I only can make one of them to invest in bitcoin, so I teach him how to invest, but now I lost contact with him so I don't know if he still invest.
29  Economy / Speculation / Re: Trading Above $5,500 Could Prepare Bitcoin For Mega Upward Movement – Analyst on: May 07, 2019, 09:52:15 AM
Bitcoin price rose above $5,800 over the weekend before retracing to trade at just below $5,700 as at the time of writing. According to the founding partner of Adaptive Capital, Murad Mahmudov, a sustained hold above $5,500 would indicate a significant bullish outlook for the cryptocurrency.
Read more here: https://www.cryptofish.com/blog/bitcoin-mega-upward-movement/
This is the time for bullish trend but can not become too significant because bitcoin price was fell from $20.000 to $3.000 aproximately while adoption still growing this meant that bitcoin market has reach higher level of liquidity. So my prediction is the increasing price will be slower. But the price will keep rise. It seems that many investors was bought many bitcoin at $3.000-$4.000. Beside that factor there are other factors that influenced the increasing price of bitcoin, and the best factors is good news that spread which create good sentiments for bitcoin.
30  Economy / Economics / Re: What is the best Cryptocurrency to Invest? on: May 07, 2019, 02:30:00 AM
There is no best cryptocurrencies to invest in but what you can do is to invest in either the major cryptocurrencies or upcoming projects which have a use case which is being driven by some products already produced into the ecosystem or world for the benefits of mankind.  Other than these, don't invest in any ICO that promises huge returns because most of them are nothing in the long run.
All is depend on the company it self. If the condition of the company is good then there is possibility that the price will continue to rise. Almost all of ICO project now are driven by products but the problem is how the developer can promote their product so more and more people will use their  products. It is the same as build company in general, no company achieve success in short term like 1 or 2 month, atleast they need 2 to 3 years minimum. Its not about the capital but the people behind the coin, if the developer is serious and consistance to build their company then invest in such ICO is good.
31  Economy / Economics / Re: Gold exist 1000+ years. while bitcoins exist 10 years. on: May 05, 2019, 07:10:26 AM
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
Its because the growing of bitcoin adoption. Actually gold price is always move in line with other commodity price such as wheat, rice and etc. I mean if such commodity's price rise then gold price will also rise and vice versa. But bitcoin price is highly influenced by supply and demand. Now the growing demand of bitcoin is significant so the increasing price also significant.
32  Economy / Economics / Re: Bitcoin has no practical use and could be damaging to the economy! on: May 04, 2019, 09:16:22 AM
Even with the efforts done by the inventor Satoshi Nakamoto and the people who supported bitcoin around the world, still these guy from EY says there was no practical use for it and the deflationary model can only give damage to the global economy. On my thinking this isn't the case if this guy could only see how good the invention was. For me he was just talking non sense. Something that should not be entertained. Imagine how many lives have been saved by bitcoin in my locality. One was able to pay hospitalization, the other have been able to buy for him a house and lot, others have been able to buy a car to get to his job early, and so many other things.. See how people even made bitcoin atms and for just a simple reasoning bitcoin becomes useless and damaging? I think this guy has to wake up...


Read it here..

https://news.bitcoin.com/ey-bitcoin-no-practical-use-india/
Bitcoin not only help individualy but bitcoin also give a solution for african people for their digital transaction then help the aconomy of africa. There are many people who have problem with digital transaction, I heard many conplaints from paypal, alypay and other digital payment service users. If most of those people are businessman then it is not good for the economy.
33  Economy / Economics / Re: China says rejecting physical cash is illegal amid e-payments popularity on: May 04, 2019, 07:50:35 AM
I think the decision is reasonable. National currency should be accepted whatever its form. China's government in this case is very protecting their citizens rights. Spirit to become cash less society is not meant that we pretend that cash money ignorance is right thing.
34  Economy / Economics / Re: Transferring of wealth from the impatient to the patient! on: May 04, 2019, 06:03:25 AM
Almost every experienced crypto investor would testify about the essence of having patience if you are looking at earning from cryptocurrency investements. The crypto market is very volatile and you need to be patient to wait for them to rise in order to make profit. Too bad some folks don't have such patience to wait for their portfolio to grow.
even more people experience panic when prices fall. I think many of them don't know much about crypto and just want to make money quickly. but this actually backfires that can spend their money even a negative image appears to crypto
Actually there are some tokens and coins that have no future which the business behind it is almost bankrupt. So we can't be patient for tokens and coins like that we should do cut loss. There are only few tokens and coins which we can hold for long term, that is bitcoin and ETH. At this current market condition we should sell all of our unfamous cryptocurrency for bitcoin or ETH so we can join the next pump of them.
35  Economy / Economics / Re: Should there be a tax on capital gains? on: May 04, 2019, 05:07:22 AM
According to my opinion, I think It's income and should be taxed. There should be a tax on capital gains because it's income and the current law is that people pay taxes on their income. If we want to debate or reform that policy, perhaps we should, but then it should be targeted at all kinds of income taxes, not just capital gains taxes. Getting rid of capital gains taxes by themselves is simply a way to cut taxes on the rich, because the rich make more money through capital gains than poor people do.

What is your thought on this matter?
I think it should be taxed, if the tax rate is high then it will be very frustating. We have responsibility toward our country but sometimes government too much extorting us. When you make profit in bitcoin then no other know that your capital is grow except you. And I think you don't need to declare your profit until you convert it into fiat money. Country should help the citizens to live in prosperity, and not to push the citizens to pay high rate tax which slow down the process to live in prosperity.
36  Economy / Economics / Re: Big risk ,big results. on: May 03, 2019, 06:53:43 AM
A guy bought a very big house, which triggered an argument on a telegram group.
some people were arguing on a telegram group that they guy couldn't have bought the house with only trading profit....some insinuated that he must be into other businesses.
I laughed at their ignorance.
Why? Because I know that even in this present market condition that some skilled traders are making a killing.
I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
Money is power, so I understand that. Profit that we can get from trading is depend on the capital that we use for it. Capital is an independent factors that influence the size of profit, there are other factors that have very important role in it too, that is skill. Without skill usually we can't make profit from trading except we got luck which mean that it is the same as gambling. Actually I can believe that story because I also can buy something expensive stuffs using profit that I get from trading. It is about Capital, strategy, analysis and timing.
37  Economy / Economics / Re: The History of Gold and Silver Points to the future of Cryptocurrency on: May 03, 2019, 04:07:51 AM
I wrote the following in a discussion about gold and silver standards on another board.  Enjoy!

---------------------------------------------------

Clear eyes, my friends, clear eyes.  Over the long term, judge the true nature of a system by its fruits, not by the words attached to it, especially those uttered by central banks.

Did the dollar and other state currencies retain their values in gold or silver?  No.

Did the bankers and politicians create lots of money and debt under the standards?  Yes.

Did the gold and silver standards suppress the currency price of precious metals temporarily?  Yes, by definition, the currency price of gold/silver was fixed.

Did the elites keep installing this system over 300+ years, knowing it had 'failed' and would 'fail' everywhere?  Probably.  England's financial inflation was out of control less than ten years after the Bank of England was founded in 1690.  (It's not as if the elites have been inexperienced!)

Given this history, you have to forgive me for engaging in the wild, conspiracy-theory-nutsy speculation that, juuuuuuuuuuuuust perhaps, the elites used the metallic standards to prop up paper money and debt so they could create more of them.

Gold and silver standards did work as designed, however, when, after the bursting of a financial bubble, it was time to transfer most of the pain to the public, and away from the elites who had created the bubble in the first place, by choking the money supply, in the name of safeguarding the gold/silver standard and upholding the moral commitment to redeem paper for the same amount of gold or silver.  (Their golden goose system would have lost credibility fast if they had chosen devaluation/inflation as a response to the crisis -- i.e. they would have paid the price for the bubble.)

Absolutely brilliant.  (In reality, 'fiat money' is not worthy enough to tie the shoes of the gold standard, from the elites' point of view.  That's why, most likely, it won't last, and we're going back to something like the gold standard, except with multiple 'hard monies,' including Bitcoin.)

And true, there is no free market in money in this world.  That was my point (in response to the claim that the dollar is world reserve currency because of supply and demand.)

We should count ourselves lucky for being born in the narrow window of history when the elites lost control.  Do not lose the opportunity to profit spectacularly from it.
The paper money don't have intrinsic value, although many people said that the cost to make a paper money is quite high but it is just a paper. Even many trees has been cutting for paper money creation. It is not good for our earth. I think we will replace paper money with gold and silver. And we will use cryptocurrency for our digital transaction. The value of gold and silver are fixed, I agree about this.
38  Economy / Economics / Re: Transferring of wealth from the impatient to the patient! on: May 03, 2019, 02:11:28 AM
I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire  and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.
I believe that bitcoin price will always tend to rise because I know the advantages of bitcoin which very usefull for us now and in the future so I keep hold it although many people do panic selling. I keep believe in it and finally I get so much profit on it. I amm sure that the price will still rise. I hope newbies don't do hasty trading. Although the price is move so fast but it doesn't meant that day trading is good. Trading when there is a signal is the best way.
39  Economy / Economics / Re: Russia to replace USD reserves with Bitcoin on: May 02, 2019, 04:12:27 AM
Due to US sanctions , Russia may well start to invest its reserves in Bitcoin. Ive heard this rumour for months, but it looks more and more logical and likely.

https://toshitimes.com/russia-plans-to-replace-u-s-dollar-with-bitcoin/

This article sums it up pretty well and if it does become true, it will surely bring a very strong bullish trend .




Its too risky. It is better for russia to invest its reserve in gold which is more stable and stronger. By the way any cpuntry need USD to buy oil that mined by Saudi Arabia so every countru needs USD. This is unfair, isn't?. But if russia may well start to invest its reserve in bitcoin then the price of bitcoin could reach 100.000 usd .
40  Economy / Economics / Re: Ukraine plans to impose a tax on the operations with cryptocurrency on: May 02, 2019, 03:57:26 AM
Ukraine plans to impose a tax on the operations with cryptocurrencies
See more: https://www.xmlgold.eu/en/news/article/747/ukraine-plans-to-impose-tax-on-operations-with-cryptocurrencies/
Actually that is good, atleast ukrania don't ban cryptocurrency. This is a recognition to cryptocurrency existance as asset and currency. Now the world agree that cryptocurrency is money. I hope the taxation rate is reasonable. Now the market is getting better but if the taxation rate is high then it can be bad for ukranian cryptocurrency holders.
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