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281  Bitcoin / Bitcoin Discussion / Re: UK Company adopts Bitcoin as treasury reserve assets on: October 23, 2020, 04:04:04 PM
It's no longer surprising that financial firms include bitcoins in their portfolios as they operate for profit. Maybe soon, they will sell off bitcoins as they make a profit.
These companies are launching a bitcoin speculative movement within the enterprise. Bitcoin will be in higher demand for buying and motivated to increase in value.
282  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the fastest blockchain? on: October 23, 2020, 03:51:08 PM
I have personally experienced the blockchains we have today and I find TRON, EOS, Solana, Lamden to be the fastest blockchains out there right now. Although they have different specifications, the experience is the same and I appreciate these blockchains. The real problem they will have in the future is whether they are overloaded as Ethereum is currently overloaded and transaction costs are high.
Market cap rating TRON and EOS are too high-cap, Solana about $ 100 million, the lowest is Lamden with $ 5 million.
I would prefer to invest Solana more and put a little on Lamden because their capitalization is low and very potential.
283  Alternate cryptocurrencies / Altcoin Discussion / Re: is any token kind of projects of real physical business ? on: October 23, 2020, 03:36:04 PM
The project owners participate in owning the project by owning the token representing the project and receiving their interest through the actual business of the project in which they have invested.
That project needs to be registered with a contract committee and registered for an ICO and pay real interest on the smart contracts they create.
Projects like this I've heard of and mostly come from the real estate business. The majority of the project operators were unable to develop the project to the end.
284  Economy / Economics / Re: Why has crypto failed to break through still? on: October 22, 2020, 05:10:39 PM
Money printing has been the way governments have worked over the years to maintain a stable economy. They will continue to print money in the future. Cryptocurrency is in the process of asserting its favor and it is driving economic transformation. It is the people who will use the cryptocurrency and the government will have to fear this. Cryptocurrencies are very good at fighting inflation and reducing government oversight.
285  Alternate cryptocurrencies / Altcoin Discussion / Re: PayPal customers will be able to use BTC, ETH and other cryptos to pay merchants on: October 22, 2020, 05:00:31 PM
The issue I am interested in is how the transaction cost of Bitcoin and Ethereum on the Paypal platform is. If the cost is too high then it will be a barrier for people to use Bitcoin and Ethreum regularly.

I think Paypal will just play the role of a third party wallet like Remitano and take advantages of the transaction fees. Funny thing is, if USD is not your national currency, then you have to pay for a lot of transaction fees buying cryptocurrency by this way: fee to the bank to deposit your local currency to Paypal and fee pay to Paypal to buy cryptos.


I recently learned that Paypal only allows Bitcoin to move on its systems and people are not allowed to withdraw them from their platforms. With exorbitant fees they will apply in the future people will leave Paypal, but the number of Bitcoins in Paypal will decrease over time if people stop sending Bitcoins to the platform.

Paypal is causing bitcoin to increase in value right now, but in the long run, they are not really good because people will soon understand the problem and leave PayPal.
286  Alternate cryptocurrencies / Altcoin Discussion / Re: An additional 6 billion Tether was minted October 21 on: October 22, 2020, 04:54:53 PM
In 2017 Bitcoin increased in price due to the more money pouring into the Crypto market due to ICO activities, investment funds began to pay more attention to Bitcoin and pulled the price of Bitcoin up. Bitcoin's value at that time was more FOMO than when people first learned about Bitcoin in the media.


Relationship in Tether's expansion and Bitcoin's appreciation in the Tweet below.
https://twitter.com/filbfilb/status/1313262658825715713




Paypal has good news and helps Bitcoin to rise in price quickly but I am looking into stabilizing how Bitcoin's price rise is organically related to the release of more Tether.
I am confident that having more Tether will make bitcoin more stable in value. Based on the chart showing the progression of Tether issuance and increasing the value of Bitcoin. I believe that Tether will be good for Bitcoin value enhancement. The additional issuance of Tether also testifies to this company's confidence in the cryptocurrency market.
287  Alternate cryptocurrencies / Altcoin Discussion / Re: PayPal customers will be able to use BTC, ETH and other cryptos to pay merchants on: October 21, 2020, 03:53:53 PM
They are a famous global payment service provider and accepted by many online commerce sites, but their transaction fees are also too high from 1.5% to 2.5% per transaction. If Bitcoin and Ethereum are paid out on their system, there will be a good chance of increasing the price and adding liquidity to the crypto market. The issue I am interested in is how the transaction cost of Bitcoin and Ethereum on the Paypal platform is. If the cost is too high then it will be a barrier for people to use Bitcoin and Ethreum regularly.
288  Economy / Economics / Re: btc value and currency inflations on: October 21, 2020, 03:48:28 PM
I think the value of the US dollars will be stable because they are highly liquid and are stockpiled by large nations and large corporations as assets. The dollar will depreciate but to the extent that it represents America's economy.
In addition to trading Bitcoin with the dollar, we also see trading Bitcoin with other currencies like Yen, Renminbi, Euro, British Pound ...
If the dollar loses its value, then the other currencies will help balance the value and the Bitcoin / Dollar will rise in value.
289  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Risk attached with approve transaction on DAPP and DEX like uniswap on: October 21, 2020, 03:41:25 PM
I think there are risks involved in trading on DEXs.
1. many new projects are not well appraised when they are traded on these DEXs. They are mostly DEFI-related projects with anonymous teams and a high risk of investing.
2. Tokens easily devalue deeply or push up too high due to a low liquidity pool.
3. In addition to Uniswap, the new DEXs may be vulnerable to source code vulnerabilities. There are some scam projects and they took away the money that the investor deposited in the liquidity pool.
290  Alternate cryptocurrencies / Altcoin Discussion / Re: Better using DAI or USDT? on: October 19, 2020, 01:39:52 PM
For someone who regularly transfers money on cryptocurrency exchanges, I would choose Tether for ease of travel. Many exchanges support Tether, Tether's liquidity is stronger than DAI.
Tether's P2P exchange for FIAT money is easier and more convenient.
291  Economy / Economics / Re: China is looking to get rid of the US dollar on: October 19, 2020, 01:06:13 PM
China should be nuked in my opinion ...just for the Covid crises ... there will be a war with China,it's just a matter of time.



China is creating an economy with internal strength. They have created their own high-tech supply chains in their own country. Look at how Huawei makes mobile device products and develops technologies such as 5G, electric cars. They are great.
China will thrive in the coming years. They are a powerhouse and it is justified to create value for their money.
292  Alternate cryptocurrencies / Altcoin Discussion / Re: Why FOMO isn't as bad as people make it seem. on: October 18, 2020, 06:04:34 AM
FOMO offers a better price for any asset. The higher the peak, the higher the bottom, the effect of FOMO.
Most people buy and sell according to technical analysis, price model, I think that's better than FOMO. In the Crypto market, where more than 80% of projects grow through marketing, the actual value brought about by cryptocurrencies is very small and only a handful of projects are useful. Consider qualitative and quantitative rather than stupid advertising.
293  Bitcoin / Bitcoin Discussion / Re: SATOSHI !!! IS THIS LEGIT? on: October 18, 2020, 05:57:09 AM
Satoshi's reputation has been a mystery for many years. The link above does not mean much because maybe they are just some speculation that we are self-confusing with coincidental details. Bitcoin is okay and I don't think the father of bitcoin will show up and announce me as the father of bitcoin.
Like Craig Steven Wright, he claims to be the father of Bitcoin and that doesn't help him or the people here. Satoshi best should be just a fairy tale, if he does appear, the future of bitcoin is bright because the number of people using Bitcoin is great.
294  Economy / Economics / Re: China is looking to get rid of the US dollar on: October 17, 2020, 01:49:01 PM
China is one of the major USD holders in the world.

If they hate it so much, why don't they dump it?

The reason is, there simply isn't anything better than the USD for that job.

RankCountryForeign Currency Reserves (in billions of U.S. dollars)
1China$3,399.9
2Japan$1,387.4
3Switzerland$850.8
4Russia$562.3
5Saudi Arabia$501.8

source: https://www.investopedia.com/articles/investing/033115/10-countries-biggest-forex-reserves.asp
US foreign currency reserves are a way for China to export goods to the US more often. China could put pressure on the dollar and get some trade incentives.
After the US government announced to impose tariffs on Chinese goods they sold an amount of US dollars to devalue the dollar. It is the soft power they get when they own dollars.
Reserving US dollars is different from helping with liquidity for the dollar.
The Chinese economy is the second-largest in the world and they will find ways to strengthen their currency over time. Creating a national cryptocurrency is a start for them to implement their plan to enhance the value of their economy.
295  Economy / Economics / Re: Crisis will be new normal but its not bad on: October 17, 2020, 01:43:21 PM

I don't accept it that Trump or whatever leader in the world and their elites has power to change the world. They can make policies but depends on the people to follow the policies. Power belongs to the people, therefore it is the people that have power to cause such global change. Most countries are now practicing democracy which is simply the government of the will of the people.

Power belongs to the people, check most revolution that caused change and removing of government are people oriented. From the recent succession in Africa to the times in the past in Asia, Europe etc.
Power belonging to the people exists only in the constitution. Right now the elite has a lot of money and they have bought most of the world. Look at the islands, the real estate, the companies ... they bought it all.
The elites have made the world what it is today.

The more money is printed but the people are still poor, they will be poorer because the money they make is taken away by the rich through consumption activities.
Past revolutions are no longer happening in the old way. The West is looking for ways to peacefully develop other nations, they seek to destroy the machinery of nations from within. Take a look at Ukraine, Georgia, Kyrgyzstan, Kuwait, Lebanon, Hong Kong these countries were affected by the west, protests and riots occurred. Power belongs to the people but clearly, it shouldn't be in a stupid way.
296  Alternate cryptocurrencies / Altcoin Discussion / Re: The rise of BCH on: October 16, 2020, 01:28:33 PM
Bitcoin has always been the best option for me but actually, BCH's current trading volume is impressive and considerable since BCH's technical model is doing well. I suspect this coin is being inflated by the team of miners. They are not as widely exchangeable on the market like Bitcoin.
If I could choose BCH and BTC I would have to choose BTC because I knew Bitcoin was the real king.
297  Economy / Economics / Re: Russian currency big problems on: October 16, 2020, 01:17:41 PM
That is bad news for Russia. I think as long as the corona pandemic is on going and the oil and gas price is so low, there is a lot of negative pressure on the Russian economy and the  currency. Devaluations of the currency are not a bad thing because they make exports cheaper. However the Russian exports are being sanctioned by many western countries creating more pressure on the Russian economy. China will likely try to get a very good deal with Russia to trade.
Russia will be fine as winter is coming and the need for gas for heating and energy to run power plants across Europe must be maintained. Russia is the closest and has plentiful and diverse resources so European countries will have to take advantage of this to import from Russia.
It is not until Europe completes the conversion of energy to another form of fuel exhaustion across Russia is Russia's economic problem the real concern.
298  Economy / Economics / Re: Pandemic: good for the bitcoin market or bad? on: October 15, 2020, 12:49:56 PM
Bitcoin is an unofficial and limited currency. When a pandemic occurs, the cash flow does not circulate to economic sectors such as manufacturing and services, but it flows to other channels. Bitcoin is one of the channels through which money flows.
Recession is not good for the world economy. We still often see every economic recession, economic indicators decline due to cash flow withdrawn. This economic downturn, confusing cash flow is that they focus on US stocks. I am not surprised that bitcoin, gold and silver have risen rapidly since then.
I just noticed that during the pandemic, Bitcoin was a good non-cash payment means.
299  Bitcoin / Bitcoin Discussion / Re: Covid-19 and Bitcoin on: October 15, 2020, 12:43:33 PM
The disease causes economic recession. Cash flow is no longer focused on manufacturing or service industries but is withdrawn and invested in stocks, gold, silver and bitcoin.
That is the reason for bitcoin to rise in price in the past.
The epidemic has kept people from using cash more often, but focusing on cryptocurrencies and other cashless means of payment. We can say the epidemic indirectly makes people use more crypto (mainly bitcoin) that provides liquidity for the crypto market.
300  Economy / Economics / Re: Russian currency big problems on: October 15, 2020, 12:37:55 PM
Russia has many natural resources, especially oil, wood and metals. European countries will have to buy these items. They will use either the EU or RUB. Either way, Russia still has a good import-export portfolio because of its policies.
As for China, they are allies of Russia and they will continue to buy Russian weapons or technology. They will stop exchanging high-value items at a certain point.
I see the Russian economy at risk. It also makes sense that they recently banned people from trading on exchanges like Binance, Bitmex, and cryptocurrency-related P2P exchanges.
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