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2401  Economy / Marketplace / Re: Digital Currency Take Over on: June 03, 2018, 05:05:03 AM
One of the factors is of course tax because government doesn't want a competition to their fiat currency without benefiting from it. Another is internet we all know that digital currency can only be use online. So i think digitalization is not possible because people want's physical money to transact payments.
2402  Economy / Economics / Re: Reason we pay taxes and why we should on: June 03, 2018, 01:43:51 AM
No one said that paying your tax is useless and we're all paying taxes. It's true that taxes help a country to grow and develop but it's also a way to corruption because of it politicians steal millions of us and those tax money went to nothing: no new project, no road projects and poverty is still increasing but what's increasing over the year is income tax. Cause most government's doesn't give a damn as long as they get rich.
2403  Economy / Trading Discussion / Re: Suggestion for trading on: June 02, 2018, 09:39:34 AM
If your new to trading i suggest to invest your money to well known crypto currencies and take time to research to know the pros and cons on how to spot scam and some good projects also learn price analysis, indicatators and once you have learned that you'll be able to come up with an strategy in trading.
2404  Economy / Speculation / Re: What started this bear trend? on: June 02, 2018, 05:32:24 AM
Yep there is conspiracy theory that's been circulating the internet since the bearish trend began and that is whales manipulating the market to buy cheap bitcoins. But this is really what's going on, there is a recent news that 120 billion crypto coins has been stolen from an exchange site, government's regulating crypto's. Google and facebook banning ICO ads. I think this maybe the more believable cause.
2405  Economy / Economics / Re: Is india going to uplift the ban on cryptocurrencies? on: June 02, 2018, 03:38:20 AM
In other words the indian government hates bitcoin and wants the people to quit on doing decentralized money behind their backs cause they dont have any control over it and can't track transactions or identify the users identity. I dont think that they'll lift btc ban anytime soon because the indian government is somehow retarded in it's decision making first they've done demonetization making cash useless and leaving thousand's of it's citizen hungry then people found an alternative way to pay goods and services then they ban it.
2406  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no built-in consumer protection? on: June 02, 2018, 03:14:10 AM
First of all bitcoin is not a fiat currency and it does not need any financial surveillance because that's the whole point of being decentralized and that's why i use it. Second of all bitcoin will not have any counterfeit notes because it verify it's transaction through a peer to peer network. And third no bitcoin user will be victimized by identity theft that's the whole point of being anonymous and secured.
2407  Economy / Trading Discussion / Re: What is your best HODL in this Red Zone? on: June 01, 2018, 05:26:36 AM
I wont convert to USDT cause my money is in the safe crypto: bitcoin. Im currently a swing trader, right now im still waiting for a bullish run but it wont happen anytime soon because of some negative event that occurred just last week. There is a news that 120 billion crypto currencies has been hack that's why the price suddenly drop. But as always bitcoin will recover but im not so sure about the other altcoins.
2408  Economy / Exchanges / Re: Bot trading on Exchanges on: June 01, 2018, 05:08:30 AM
I heard about that about people using bot as an easier way of trading crypto currencies in fact some exchanges provides that kind of feature where you can automatically buy when the price hits the one that you've set up or sell when the market falls. I've seen it in some ads and some YouTube videos. But exchanges allows it for easier user experience.
2409  Economy / Speculation / Re: What/who make the price of bitcoin on: June 01, 2018, 02:26:51 AM
Obviously it's the investors, merchants and traders in other words people who uses the currency. But bitcoin is also backed up by miners the one's who mine and confirms transactions called blocks. Also countries started recognizing it as an alternative way of payment and investment. And without btc, altcoins would cease to exist because most of the overall market cap is mostly invested in btc.
2410  Bitcoin / Bitcoin Discussion / Re: bitcoin on movies on: June 01, 2018, 02:15:08 AM
Because most people doesn't have any knowledge of it and they quickly judge it without even knowing it. Let's just advertise bitcoin as a new alternative investment that is not a ponzi scheme and most importantly not a scam. People should make blogs, vlogs and YouTube videos promoting btc as a safe haven for investment.
2411  Economy / Trading Discussion / Re: Bitcoin Cartel, Price Suppression on: May 31, 2018, 04:55:18 AM
No one really knows the truth if there is a group manipulating the price but with it's unusual movements in market lately it's pretty much suspicious why did the price suddenly fall then goes up. Let's look at the facts according to crypto news there is an 120 billion btc and altcoins that got stolen, google & facebook banning ICO ads, countries regulating crypto currencies. I guess this could be a more viable reason.
2412  Economy / Marketplace / Re: Low activity long term BTC investing? on: May 31, 2018, 04:46:59 AM
In any field whether online or a regular job you need to actually provide some hardwork in order to gain something. Why not just try trading im sure it can be pretty boring but when your earning, it's not. Take time to research it and once you've come up with a strategy you can start earning money and even create a passive income for yourself. This is all trial and error dont be afraid to try.
2413  Economy / Economics / Re: I almost lost my rock solid regular job because of crypto on: May 31, 2018, 01:37:41 AM
I've also experienced this and i thought that i can't manage doing both because regular job and crypto earning is a tough task to handle. Especially when your regular job requires you to work 12 hours a day, it makes me so tired that i even forgot to do my bounty campaign's, my steemit blog and eventually i've my quit my regular job because it was just tiring and im not earning enough ive just focused in crypto right now.
2414  Bitcoin / Bitcoin Discussion / Re: What Ways you are using to Promote bitcoins in you Locality? on: May 31, 2018, 01:28:17 AM
Im promoting through advertising some ads related to bitcoin and how much i can earn from it, i also tell my friends on how to make money online they seem to be interested in it. Right now 4 of my friends are doing bitcoin and some people ive meet in facebook have invested in it. It's hard to teach digital currency in the third world because some is lacking of internet capabilities but btc is slowly growing here in our country.
2415  Economy / Marketplace / Re: Do you really care if your data is exploited?? on: May 30, 2018, 04:57:09 AM
These days data companies saying that your privacy is secured with us seems to be normal where in fact they dont give a damn about your privacy they just secretly take pieces of your information so they can dox you and display some targeted ads on you or sell it to the highest bidder. You can't really trust anyone who say "we value your privacy."
2416  Economy / Economics / Re: So many cryptocurrencies ! on: May 30, 2018, 02:13:56 AM
First of all if your going to invest your money make sure you've thoroughly research that specific coin to not waste your money. Surely there a thousand's of crypto currencies but not all of them are scam pick the most trusted, a coin that's been test through time. Even no matter how much it fluctuates it will always recover.
2417  Economy / Speculation / Re: Remember, Bitcoin is the best Cryptocurrency to Hodl. on: May 30, 2018, 01:53:00 AM
Indeed no matter how much bitcoin fluctuate's it will always recover with a bullish price and new all time heights. Even if other altcoin fluctuate's bitcoin always comeback and we know once an altcoin price crashes it's nearly impossible to comeback that's why btc is a safe haven.
2418  Economy / Trading Discussion / Re: Need advice for the new investor on: May 29, 2018, 04:28:53 PM
You can invest now the price is crashing because of 120 billion bitcoins and altcoins that got stolen by hackers. This is the all time low price you can get if you have the capital go all in, im sure the surge will once again come then you can sell for profit. That's how btc always has been. Im just making some suggestions and giving you information. The choice is still yours to make.
2419  Economy / Marketplace / Re: Why does it call "market will never sleeps"? on: May 29, 2018, 04:10:17 AM
Because in simple terms people around the world are trading crypto currency in sites called exchanges and we all have different time zones. The market will never sleep cause even if it's night in the other side of the world. It's also daylight in the other side. That's why the market never sleeps.
2420  Economy / Economics / Re: War on cryptocurrency! on: May 29, 2018, 02:23:53 AM
That's a bit an over exaggerated expression governments are just planning on regulating it because many people are reporting of getting scammed by this so called ICO. Governments fear Bitcoin and other altcoins cause they think it's illegal and nothing but a ponzi scheme that's why they wont adapt and accept it.
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