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201  Economy / Economics / Re: How do you define rich? on: March 04, 2021, 10:02:15 AM
Rich people should have a successful business, and those who don't need to work anymore, are the things that a lot of people considered first before calling you a rich person but for me, I considered a person rich in simple ways if you are already contented of what you have and what you are now then you may now call you a rich person, as of now I cannot still consider myself as a rich person because I still don't have a stable income and house and lot. I just want to claim that I could have those things in the future and will call myself a rich person, only need to hard work and always find ways to have another income.
202  Economy / Economics / Re: Why should i invest in bitcoin or other cryptos ? on: March 04, 2021, 09:01:03 AM
Why should i invest in bitcoin or other cryptos ?
No one will force you to invest in bitcoin, it is up to you if you want to then go if you don't want then it is your loss. If you don't want a high risk then I don't think that bitcoin will suit you.

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  
I have always noticed that a lot of new members here are comparing some other things to bitcoin, such as gold then now the land, cryptocurrency is different from such things so don't expect too many things that you may acquire in real life to crypto.
203  Economy / Economics / Re: Can the world be without poverty on: March 04, 2021, 07:56:14 AM
It would be impossible to live the world without poverty, the life is balance if there is at the top then there is also at the bottom, they cannot be called superior if all people are the same, those people having fortunate life are those who spent time learning and applying it in a real-life to earn money, most of the time as what I have noticed those people with good knowledge, skills, techniques, and abilities are those who can make their lives better than those people who don't even do something or put some efforts to make their lives change. It is all up to us if we are going to make our lives better or not.

While still young, we should spend our times in a hard day such as working a hard time, learning knowledge, and many more because as time goes by as we get older we couldn't do it anymore and that is why some people stay at being poor because, at their young age, they don't even fulfill their life with good and a great experience.
204  Bitcoin / Bitcoin Discussion / Re: The Major Risks in Crypto Business on: March 03, 2021, 02:52:16 PM
The major risk in investing and trading in crypto that a beginner may encounter is the volatility of the bitcoin on which no one can assure profit in terms of both things, the second risk that we may encounter as well is choosing or finding a legit crypto exchange, there is already a lot of fake exchange that a beginner may encounter upon exploring the crypto world so you better choose the overrated and well-known exchange to assure that your money is safe. Would be better if you also include these things in your lecture:
1. Basic introduction about cryptocurrency.
2. Decentralization

Anyway, Goodluck with your lecture, wish you success.
205  Bitcoin / Bitcoin Discussion / Re: Have an old laptop I purchased used in 2011 on: March 03, 2021, 07:56:03 AM
Don't expect too much if you don't store bitcoin on it that time, but if you think that you have bought some bitcoin that time then there would be a high possibility that there is a bitcoin stored that time. If you have bought it for other people or second hand then you are lucky if the first owner of that laptop has bought the bitcoin year 2011. Good luck with that thing hoping that you could get some bitcoin.
206  Other / Beginners & Help / Re: Don’t be lured by the promises of easy money! on: March 02, 2021, 12:14:16 PM
There would be many attempts of scamming that everyone can face in this crypto community and even in the real world. If the would-be someone who will gong to offer you money without a hard thing to do then you have to doubt it. There is no easy money in the crypto world, as well as the investment that offers 100% interest for only a few days, I've already encountered a lot of websites like that and still, there are many people who got scammed from it because of having to enough knowledge.
Most of the sscamsis offering easy money so better to avoid those things.
207  Bitcoin / Bitcoin Discussion / Re: HODL ₿itcoin for Life, not for Lifetime. on: March 02, 2021, 09:07:19 AM
Thats true, We have to hodl for life and not for a lifetime. If we are going to invest or hold bitcoin then we have to set a value of bitcoin before we pull it out so we could expect how much interest we could gain from that. Set the value in possibility, if you think that your profit is already enough for you to create a business and save money in the future then I think that is the right time to take all of your investment. We hodl for the future, to earn money and have a stable life and not to hold it forever. Remember that there is always a bad thing that could happen to everyone, we should be aware of that.
208  Bitcoin / Bitcoin Discussion / Re: How future applications would be !? on: March 02, 2021, 07:39:43 AM
Who knows? there's no right person who can tell the future, only time will tell. Technology becomes so useful in everyday life so for sure in the future we could see a great and successful blockchain application for the crypto community. One thing that they should make sure of is to make that application is safe and secured as we are talking about assets here. This should also be user-friendly or an application that can easily be learned by its user.
To make this aligned with entertainment then it should be a form of games but I don't think that it would be possible, a serious thing like this should not be combined with any entertainment.
209  Bitcoin / Bitcoin Discussion / Re: Bitcoin investment is limited on: March 02, 2021, 06:28:46 AM
That's is a sad reality, handicapped cannot access bitcoin especially those blind people, wherein the most important for people to access cryptocurrency is sight. As time goes by, our generation became more technology-based and a lot of businesses and companies are looking for or implementing bitcoin as a means of payment, so the problem about it, how those blind people can do it when they cannot see anything. I am still hoping that there would be a solution for that thing in the future.

There is already a link at the top comment talking about how a blind people can access cryptocurrency mentioned by Baofeng, that link seems so useful.
210  Economy / Gambling discussion / Re: The biggest 10 countries that gamble the most. on: February 28, 2021, 02:44:34 PM
I thought that China would be the number 1 on the list because most of the gambling games are created or originated in China, just because of misinformation that I had, thinking that China would be the number 1 on the list. I searched about gambling in China and it says that gambling is still illegal in China, not bad because they have still reached the number 2 spot. USA got the number 1 spot maybe most of them are active in the sports betting because the USA is active in that part.
211  Bitcoin / Bitcoin Discussion / Re: How do I convince people that Bitcoin isn't a financial pyramid? on: February 28, 2021, 02:01:44 PM
It is hard to explain to people about cryptocurrency if they don't want to know things about it, there are a lot of people who don't believe in bitcoin because of thinking that for us to earn money, we have to work it hard, we have to work in real life so we could get paid, that is what the people in our country believe in their lives. So if you are going to explain to them about bitcoin and how can we go with bitcoin, they sometimes get uninterested in it, I know this because I already notice and recognized some of my friends about it when I am talking about cryptocurrency to them.
You can't argue with a no-coiner or one who does not believe in what the good and bad of crypto can do for the current economy.
That's true, it is hard to argue with that kind of people, those who don't even try to listen to other's side.
212  Bitcoin / Bitcoin Discussion / Re: Bitcoin can / cannot replace the banks ? on: February 28, 2021, 10:45:09 AM
Bitcoin cannot and will not ever replace banks, there are so many factors that restrict bitcoin from replacing banks. Crypto is good and there are so many benefits that it can give to us, just like on my part it really helps me with my finances and sending money to my relatives jn othe country, that thing is only available if and only if the sender and the receiver know about cryptocurrency.
213  Economy / Economics / Re: Rich have too much on: February 28, 2021, 08:24:37 AM
It is not all about money, it just looks like those people with fortunate life or those rich people became good at laws just because of knowledge and not of money. If you have good knowledge then there would be no problem in terms of that thing because knowledge is always the asset for every aspect of our lives.
214  Economy / Economics / Re: Here is why btc will die as a crypto on: February 28, 2021, 06:59:21 AM
I don't think that bitcoin will die just because of that thing, I had experienced a delay from confirmation when I had to transfer my money from electrum to my local wallet but that's fine because bitcoin is not only about sending and receiving bitcoin online, there are still more than that bitcoin can do to people and besides that fee is changeable you can still make it lower.
215  Other / Beginners & Help / Re: Making quality point. on: February 27, 2021, 06:30:09 AM
I've already seen a lot of posts related to this one, maybe we have to avoid posting this one again, just like what Jawhead999 has said, you already created a thread like this before but then you created it again, maybe you are thinking that you'll gain merit from doing that but honestly you have to avoid it because no one will give merit from a post like this one.
216  Other / Beginners & Help / Re: Someone asked me he got $500 to invest in btc, is it the right time to enter? on: February 27, 2021, 04:50:38 AM
The price of the bitcoin is still high so it would be risky for him to buy some, maybe you need to introduce first to him how risky to invest in bitcoin, and ask him what is his expected profit before pulling out his money from the investment. It is really hard to help your friend in investing in bitcoin if he has zero knowledge about it, so start introducing to him about bitcoin or introduce him as well to this forum to learn more about cryptocurrency.
217  Other / Beginners & Help / Re: Are there New people joining crypto for the first time on: February 27, 2021, 03:11:56 AM
There are still a bigger number of people who don't know about cryptocurrency than those who know about it because the world has no stable internet and some of the countries don't still have a stable internet connection just like our country. Internet connection and technology are the important things that a country should have before they explore the world of crypto so I doubt that a lot of people are exploring the crypto community.
218  Bitcoin / Bitcoin Discussion / Re: In my school, Bitcoin is now becoming a subject on: February 26, 2021, 12:51:30 PM
It would be great if you include your country so we have the idea about it, this news is good news for the crypto community, it would be a great step for the big leap of bitcoin, this should be included as a subject for the students especially those countries who advance in technology. Their citizens will become good and will have a good life in the future with the help of cryptocurrency.
219  Bitcoin / Bitcoin Discussion / Re: How do you use bitcoin? on: February 26, 2021, 10:51:29 AM
The only way I gained bitcoin is from this forum and by some trading, those earnings are good for my investment and some of it is used for my daily expenses. I still prefer on investing or hodling the bitcoin for a long term and waiting for the bitcoin to reach $100k before I pull it out, even though my country does not allow bitcoin they still do not consider it as illegal so I can still transfer my money in exchanges to a local wallet.
220  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a new investment on: February 26, 2021, 08:08:44 AM
This pandemic brought many people into a bad situation wherein most of the worker became temporarily unemployed and it is really hard to find a job in the real world nowadays so bitcoin becomes so useful for many people including me, I became more focused on the world of crypto and it helps me with my finances in my life.
Bitcoin is one of the most popular and widely used coins in the world. I think this bitcoin is the only suitable coin for investment.
Not at all, the altcoin is also good for investment and holding for the long term, I still believe that altcoin such as XRP, Etheruem, and Doge will be really good in the future.
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