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2101  Economy / Economics / Re: $900K worth of counterfeit U.S. currency seized on: January 31, 2020, 04:18:30 PM
China is developing so fast it's going to dethrone the USA soon unless something is done about it.

USA wants to be the top power in the world, and I believe these things like the coronavirus hysteria, the counterfeit money and everything is just a stunt to slow down their economy.


Nobody wants to buy things anymore from them because the products might be contaminated. This goes for everything, from AliExpress to food. Therefore, the economy is stunted in this way.
This corona virus has really be spreading and it is creating a negative impact on deals from china. China is a country which is most vigorously involved into the international trade markets as they export most of their products. China has maximum number of production line.

There are a lot of commodities which are been produced by china in much cheaper price than they already are been circulating for. This might have perhaps motivated china to create countrified currencies and sell them for much cheap price than the actual value for the currency is. This is something they do each time though as Chinese products are much popular as they are cheaper.
2102  Economy / Economics / Re: If you could invest your cryptocurrencies in the environment would you? on: January 31, 2020, 03:06:12 PM
-snip-

Of course, when i say "pollution caused by mining" i talking about electricity used for mining.
I don't have an exact figure for this year (although it's late January)
According to a tool posted online (I can't confirm what), Bitcoin mining would consume the equivalent of the electrical production of nearly 8 nuclear power plants.
Bitcoin mining: 22 megatons of CO2 per year (Estimation July, 2019)

The creation of Bitcoin has an energy impact as important as Switzerland. In question, the manufacture of money, very greedy in electricity and indirectly generating pollution.

But I agree with you, if we could improve this or slow down the pollution effects that it causes I will be ready.

Source : "presse-citron.net"
That's actually a whole lot of pollution cause by just bitcoin miners. There also are a lot of other gadgets which might consume electricity more than a normal bitcoin miner and could we even imagine how much pollution it might be causing. But, yes there are alternatives for each cause in the current generation. Even renewable sources of energy might help us save this pollution as they do not leave any residues behind them once consumed.

There should be some cryptocurrency projects which should mainly concentrate onto the pollution caused and they should actively find ways to reduce the pollution and make earth a better place again. If several such project exists than I am sure none of the government might not want to legalize cryptocurrencies.
2103  Economy / Economics / Re: Hi Excuse me Are currencies a "store of value on: January 30, 2020, 05:22:16 PM
Hi i'm monolicaคาสิโน
A quick history of currencies and paper money shows that money began as a deposit of a certain value of gold/silver and then turned into a representation of the promises of those who issue it.
Looking at the US dollar, it has lost more than 90% of its value, making all paper currencies a bad example of a "store of value." "I do not want to mention the scenario that happened in the state of Venezuela or Germany after the war."sagame
There is no ideal storage for value they all have their own advantages and disadvantages, you should know what is best for you and how much risk you are able to take. I do invest in a lot of things as a means to store values and at times they do disappoint.

I do invest my money in mutual funds, and apart from mutual funds I buy stocks (gold, silver) and currencies (dollar, Euros, Yuan) and assets (mainly Bitcoin). It’s not all them that are profitable at the end, the good thing with the others is that they are less risky than Bitcoin which has a high volatile nature. And despite that, Bitcoin is still the most profitable among them, for me.
2104  Economy / Economics / Re: How do manage portfolio efficiently while having a full time job? on: January 30, 2020, 04:42:33 PM
I also have a job and my Bitcoin Investment is usually on a long term. I use different wallets because I am not the type that likes relying only on one wallet due to lack of trust. But when it comes giving notifications on prices, Coinbase wallet app does the job perfectly for me.

I check in only when I have the time, the notifications from the app usually helps me know where the price of the assets I bought are really heading. And I also like the fact that my phone has a pretty good lock screen notification display, so whenever I get the notification from the app it just pops up and I look at it and continue the work I’m doing.
2105  Economy / Speculation / Re: It's over $9000! on: January 30, 2020, 03:36:22 PM
$9000 was actually a target which was reached and hence we might look forward for another target. What I think is bitcoins might move on between $8800 to $9000 for some time before it could climb upon to the next target. Bitcoins are showing us a great growth rate and if this continues for a while than we might even see bitcoins crossing $10000.

The time indeed is not far. 2020 year is bringing us new moments of joy and prosperity which would even prove beneficial for the price of bitcoins. $9200 target is actually a reachable one and bitcoins might surely try to touch them by the end of this week. Resistance levels are been uplifted which means the chances of bitcoins have a dump again are pretty less.
2106  Bitcoin / Bitcoin Discussion / Re: Held a bitcoin seminar today on: January 30, 2020, 02:51:41 PM
Most beneficial step taken by you are your friends. I really have to appreciate this. Awareness about bitcoins needs to be spread worldwide and we could only start doing the same if we try to educate people surrounding us about bitcoins. Seminars are a better way to spread the awareness and also most of the people might feel you their financial adviser only because you introduced them towards bitcoins.

This is really appreciable act. You can try to refer people who have joined the seminar to join various wallets from your referral links and you can use the referral bonus to conduct such more seminars in the future. You can continue the chain and I am sure your city itself would have a lot of bitcoin traders in the coming time just because of you. This should make your chest feel with proud.
2107  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Silence on: January 30, 2020, 04:19:36 AM
You’re 100% right about this. This is something that a lot of people don’t know. If you’re into a business it should be between yourself and those that are into the same thing and believes, not people that are not.

There are people who has read about Bitcoin and the media has made them to believe that Bitcoin and other things cryptocurrency are scam, and has even given them strong reasons to believe such. So trying to convince such won’t work, they will try to even make you lose interest in cryptocurrency investment. Best for you to just believe and work in silence and let your result speak for you.
2108  Economy / Service Discussion / Re: Lost bitcoin after selling order was cancelled before transaction confirmed on: January 29, 2020, 05:40:45 PM
cheers o_e_l_e_o ...... ye.... this last 3 hours theyve been saying we didnt receive anything...sorry it must have went to an incorrect address...sorry and good day and all that...and just there a few minutes ago they have said they have forwarded my email to their payments division so there may be movement...the relief(if it gets resolved that is)....its over 500 bucks and its not even mine..i was helping a friend sell his coins as he needs his money back....
Why would you take this risk? You should never try to take responsibilities of other's money. This would get you a headache and nothing else. You would have referred your friend who wished to sell his coins onto some exchanges like coinmama and you should have told him/her to transact on their own.

This would have not been hectic for you and instead if the user would have been registered from your referral link than you might have got some benefits commonly known as referral bonus. You have to try to solve this query much quicker now or else you will need to pay your friend his 500 bucks from your pocket. Henceforth, never make such mistake. Don't make anyone dependent on you.
2109  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Which is the most trusted wallet for store Altcoins? on: January 29, 2020, 05:04:26 PM
Coinomi and Exodus are preferred multi crypto wallet by users so if you are looking for something free and gives your private keys then these are the best options for you.
Coinbase is a wallet that has been operating for a long time and has a good reputation, but the type of altcoin that can be stored on coinbase is not very complete, but to save coins that are already popular I think coinbase is good enough, I think most people will exchange their coins for popular coins to store.
Coinbase doesn't support all coins and more over its not a wallet.And one more why you don't have to use coinbase for long term storage from my last created thread.
Considering your last created thread, What I can understand is that you have lost your second approval email for coinbase. In this situation, they might freeze your account as it might seem suspicious for them and they have no fault in this. Also I am sure this would be solved sooner. Coinbase has number of coins and it might be good to store our coins too.

Coinbase is been a trusted exchange and a wallet. Also I do not think that OP has any intentions to buy a lot of altcoins which are not even listed on coinbase or not known yet but instead he would invest in those coins which are already on top rank of the coinmarketcap and also those coins are been listed on coinbase so there would be no issues in using coinbase.
2110  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will the Stellar Price Gear up in 2020? on: January 28, 2020, 02:13:01 PM
Yes, steller can show us the price you predicted only because we might enter the bullish markets anytime. Usually, in those bull runs, each of the major cryptocurrency is been pumped along with bitcoin which actually is a result of high demand for the cryptocurrency markets and it leads to derive the prices on the peak for each coin.

Steller too is a strong coin which is been supported by a lot of big whales so it might also show us some growth during such markets. But on contrary, if these were only the bull traps than we could not actually expect steller or any other coin to go on a edge of peak as this might just be a trap set by the whales to get investors off track.
2111  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bitcoin Cash A Better Crypto To Invest? on: January 28, 2020, 07:16:41 AM
Well!! Bitcoin cash is one of the most popular crypto in the cryptocurrency market, as a lot of experts have been predicted on bitcoin cash.

According to Several experts bitcoin cash price prediction the price will go up in 2020 and investing in bitcoin cash gives a better return on investment.

What's your take on this?
No hard feelings about bitcoin cash but I personally do not like forked coins. It is always better for me to invest directly into bitcoins or any other potential coins like ripple, dash, etc. I have least faith in forked coins like Bitcoin cash, Bitcoin SV, etc and I have never invested into these coins before.

Yes, they might be a good source of investment as they might give immense profits but they can also lose their entire demand which would directly dump those coins to few satoshi which would never ever be profitable for the large volume holders. Even the big whales hardly choose their forked coins and diversify their capital into established and known coins.
2112  Alternate cryptocurrencies / Altcoin Discussion / Re: List of Coins that will start Staking features in 2020 on: January 28, 2020, 06:23:59 AM
I can understand about the above 6 coins you mentioned might shift the mainnet and would allows us the feature of staking but why etherum? I am not really sure about etherum whether it would allow us to have benefits from staking. This should be confirmed from any official source so that it becomes easier to digest.

Staking has been a beneficial form of holding and we do get some rewards for holding the coins in our wallets which might be of most interest for the investors who invest for long terms. These coins already have huge demand and the ability to earn rewards while holding them in our wallets makes it more beneficial for the investors.
2113  Economy / Economics / Re: Goverments creating digital currencies - Threat or Opportunity? on: January 28, 2020, 05:50:39 AM
As long as we make sure its not a threat it won't be a threat to anyone. We are our worse enemy ourselves, for example Libra was starting up almost a year ago, at least talks of it started and we all went against it for a while, after that we have seen that it could be something great for the adoption of bitcoin and how we could take advantage of it and more important how the governments are against it so we started to support it suddenly.

If we make the governmental crypto currencies a thing that we are against, it will be a threat because if we position ourselves against them they will be positioning themselves against us as well, however if we support it and see it as an opportunity they will be more of a help than enemy and they will be on our side as well.
2114  Economy / Economics / Re: Richest 2000 People richer then poorest 4.6 billion on: January 27, 2020, 05:37:22 PM
That's capitalization.

In order for there to be progress, there always has to be people at the top of the pyramid. You can't have everyone on an equal playing field otherwise nothing will ever get done.

Although I don't agree it should be to the degree it currently is, there needs to be a significant wealth gap between the industry movers and pioneers, and the labor type staff that build their vision. If there wasn't, why would anybody take on the burden that comes with leading an industry?

Nonetheless, I do think these people bear a strong responsibility to help make things easier for the bottom 4.6 billion, after all, some are barely surviving, and that's not right.
That is exactly the sort of thing capitalists and super wealthy wants you to think. There is so much money in the world right now that, we could both have people who live comfortably, like having fully paid healthcare, free education, cheap but good quality food, goes to movies, eats out anytime they want, have vacations every 6 months, etc etc basically a decent life even if not the yacths and skyscrapers and bentleys etc, just a cool life that doesn't worry about money and bankruptcy but not CEO level.

At the same time we could also have billionaires and super wealthy as well, literally at the same time. How? We are talking about the whole world and all the companies that made 1+ billion dollars in profit, if those companies paid just 10% more in taxes as a whole to just make sure everyone lived better, do you realize how much better everyone would be?

If the money from the top is going to be 20 billion profits whereas the poorest are homeless, do you know how many homeless people you can help with billions in taxes that would just make sure those companies just have few hundred million dollars less versus all the billions of dollars they made?
 
Hell places like Amazon are making 20+ billion dollars in profits, worth 1 trillion dollars, owner is richest person in the world and they paid literally ZERO federal taxes whereas there are literally THOUSANDS of amazon warehouse workers on welfare. That is a gap that can't be sustained, its dangerous to the world and actually dangerous to the rich as well because as long as they keep agitating the poor like this, eventually the response will be even harsher.

Offering people a better wage, a better working conditions and fairer hours would literally cost them few billion at most, why would it matter if their profits of one year is not 20 but 15 if it means all of their employees are well taken care of? Shouldn't the lives of tens of thousands of amazon workers matter more than how much more profit can the company make? Is shareholders more valuable to world than employees?
2115  Alternate cryptocurrencies / Altcoin Discussion / Re: 51% attack on Bitcoin Gold yet again on: January 27, 2020, 03:25:47 PM
I do not understand people who continue to buy coins that have already been attacked by 51%. after the first attack, people should begin to understand that such a project is very dangerous for investments and even if they remove the consequences of one attack, then hackers will look for other vulnerabilities in such a coin.
All of crypto is dangerous. And why buy them, well that is easy, to make money. If anyone is brainwashed into holding those, then it becomes an issue, other than that it is speculation at its finest

most people bet their luck in trading, because of the greater fluctuations in BTG.
see now the price continues to rise, so I agree that not everything that looks bad is bad and not everything that looks good will be good.
Even BTG is a decentralized cryptocurrency which opens high volatile markets for the traders and we are traders never leave such opportunity with the high volatile markets and that is what makes most of the traders have profits by trading with BTG. Trading can now be least compared to "luck" factor as trading with huge knowledge can never bear you any loss.

You really need to be more advanced in terms of reading the graphs which would allow you to fill your bags with profits as soon as you find better entry and exit points. BTG is a good coin which is been forked from the main bitcoins and hence it might show us huge demand and high price rise in the coming bull markets.
2116  Alternate cryptocurrencies / Altcoin Discussion / Re: Japan reportedly working on a proposal to issue a national digital currency on: January 27, 2020, 02:55:49 PM
I think the coin race has begun the only surprising thing is that the giant USA is somehow way behind in this race but it could be that USA is launching Libra as a state coin in the background because Mark zuckerburg of facebook has steong backdoor relations and contacts with American govt and agencies so this can be true, otherwise we would have atleast heard about the launch of US national usd coin by now.
Donald trump does not really show us any great interest in the digital markets of the decentralized cryptocurrencies. This might make USA back in the race as they have to intentions to do the same. Even they have already banned some Initial Coin Offerings which has made it even more clear that they would hardly generate any of such coin to be their national coin.

Speaking in terms of Libra coin, it is mainly developed for the facebook community. Rather than the strong relations of Mark Zuckerburg with USA, I do not really think they might accept Libra coin as their national coin. This news from japan is really a good one and I really hope that more countries should too start creating their own national coins like Japan and China.
2117  Alternate cryptocurrencies / Speculation (Altcoins) / Re: RVN good to invest ? on: January 27, 2020, 02:16:43 PM
Raven coin look profitable but have holding for long term because listed with many bigger market like Binance and other exchange wallet, Raven coin need long term for raising to higher price and look most interested way for invest with RVN, but how many investor keep trusted with this coin could bring with higher price again?
RavenCoin has not yet shown any sudden dump and this might seem something interesting for the investors which might force them to invest into this coin for long term. For short term, this coin might not show us any good growth rate as the price is not much volatile due to the already lower price for the coin.

Buying at the targets mentioned by OP and holding for long term atleast until the coin reaches 0.05 euro would be a good source of investment as we would get extreme profits in this case. Altcoins like RVN are meant to make investors have faith in the cryptocurrency markets for the long term though high amount of patience is been required in order to hold coins like RVN.
2118  Alternate cryptocurrencies / Altcoin Discussion / Re: Are mainstream events linked to crypto's price movement on the market? on: January 27, 2020, 10:46:46 AM
Of course they are definitely connected, not like there is no connection between regular life and crypto world, in the end it is humans that go through all those real life events that end up buying or selling crypto. Just to give an example think of a person who loves crypto and very interested in it, if you give that person a million dollars he will spend it on his regular life things but he will also invest into crypto a bit as well, if you put a person who has a lot of crypto into debt that person will end up selling his crypto to pay his debt off.

So, whatever happens in our lives, we end up putting that into crypto as well, its as simple as that. Hopefully we will not have bad lives and won't be in Iran USA war type of bad stuff but usually end up in good stuff so we can all get a bit more richer.
2119  Economy / Trading Discussion / Re: NEVER EVER deal Bitcoins with PAYPAL (F&F too!) on: January 27, 2020, 08:23:09 AM
So what is best way to sell btc to strangers then that is safe?  Is cash deposit at bank and waiting for next business day good enough?  What about a bank transfer like zelle?  Or bank wire?
You can actually use any other payment method that does not charge-back. Wire transfer, Skrill, Perfect money, etc would be suitable for you in this case if you want to buy bitcoins directly with your fiat money in your bank. Paypal is no longer safer to trade bitcoins as the problem which OP faced, might have to be faced by any of us if we trade with paypal again.

Paypal is good for centralized transactions as such similar problems would be easily solved if the transactions are in the centralized field but I doubt, they would never be resolved if they are in the decentralized field so it is always better for us to strictly avoid dealing with paypal.
2120  Economy / Trading Discussion / Re: to be able to get a large profit in today's trading is very difficult! on: January 26, 2020, 08:40:01 AM
Day trading is not easy, and for you to be able to get pass the difficult stage you have to understand that it is not easy. It’s being said that about 95% of every day trader ends up with net loss, so what makes you think that there have been a time when it was easy to trade cryptocurrency or stocks?

If you want to be a good trader the first thing you should do is create a robust method which is the primary thing that can make you lose money if it’s not done well. Another thing is to take your time, if you’re seeing as a quick means for some quick cash then you’re making a mistake, it’s not going to work out.
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