I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?
The way things are working for me these days I believe that before next five years I will be on top. I don’t only invest in Bitcoin and do trading, I also invest my money in lots of things including estates and they are really paying off, trust me. It’s good to always invest your money in something no matter how big or small. Even if you don’t have much, invest the little you can and one day it will really pay off big and you start living big too. But be careful on where and what you’re investing on before you invest on the wrong stuff and lose your money. |
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A politician in my country was able to purchase 275buses in my country for his party in his bid to win the national secretary but the same party is in power and hospitals admit patients without beds.So I ask,will this country continue to exist? Honestly ,am afraid for the future of this world due to the high corrupt activities.
Of course, bribery can destroy a country. Bribery is part of corruption and it is very bad, anyone caught in such act should be severally punished for it. The same thing is happening in my country and I can tell you that it has destroyed even schools in our country. Students are bribing their teachers to pass their subjects and to pass exams. Politicians are bribing people to vote for them, well I don’t need to mention that one cause they are campaigning, but it’s getting out of hand when they get to the extent of bribing those that are controls and counts votes just to rig the election or whatever. |
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How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
There are so many ways banks can make money and I bet you they make a lot of money lol. If you doubt it, you can make a research or ask any of your friends that is a banker, they will make proper explanation to you. But before that I will tell you some ways I know they make money, and of course they do make from interests they get on loans, but not everyone goes for loans, so they don’t rely only on that. When you receive bank alerts, whether credit or debit alert, the bank will charge you for that. Another way they make money is through charging users card maintenance fees. There is also a fee they charge every end of the month, and they also make investments with your money. There are lots of ways, but at least you have seen some ways they are earning. |
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It depend on you,if you have a little fear to lose your capital in trading,you can choose the long time holding. But,if you want to have an short term earning profits,and willing to lose your capital,you can choose the daily trading. For me,i prefer to do a daily trading which it is one of good ideas when doing bitcoin activities.
Day trading is far better than just holding, because if you hold your coins for long time you will get profit after a long time but I you trade on daily basis you can make money daily or weekly because of the volatility in the price. The price is not stable and also not increasing consistently, changes occur on daily basis and that is the point for good traders. I choose to trade daily,
because I am afraid to save in a long time, the price can change at any time, without notice, this danger
But if you want keep save, i hope you will get Best Price.
Many people bought bitcoin for $18000. They have lost thousands of dollars. Now they will have to wait for long time till the price reach to the above level again and they recover their deficits. Day trading may not good for them because they can lose the rest of their money. It is good to hold coins for some time. New investors have good chance to make money from trading. |
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stupidity is so close to poverty, do you agree with such a phrase? if it yes, means the poor are the fools. I want to know your opinion.  Before you go around calling someone a stupid person for being poor, maybe you should first of all consider the reason why they are poor, and not just start barking whatever that comes to your mind. The way you talk, seems like you came from a rich family and things were a lot easy for you, and you think that’s how it is for others. If you’re indeed from a rich family, then you’re a lucky person cause there are those from a poor family and that their parents were stupid, but because things are not easy. They had to work very hard for them to succeed. |
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Nearly one billion dollars has entered bitcoin today according to cryptonic news item.This week has seen btc doing very well and all are excited.I know most people have individual plans for a moment like this,let's hear yours.
I was very sure that before the end of this year that something big is gonna happen, I don’t know what exactly, but we sure going to hit a high price rate before this year ends🙂🙂 all it takes is patience, I will be sorry for those that will panic sell now cause they will all miss the opportunity. Just like last year, some people sold their BTC out of panic and when price started going up they decided to get back in but were unlucky cause price was already turning down and they ended up with loss. |
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We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?
There is nothing wrong with being a successful employee, cause I heard most of them make more than $200k in a month, and there are likely to be those that are making about $500k or so. But have you ever heard of Bill Gates, Mark Zuckerberg, Jeff Bezos and the rest of them? Most of these people are not even graduates, some are school drop outs due to their parents were poor. They chose to become entrepreneurs and today they are the world richest men. So I choose successful entrepreneurs over successful employees. |
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It’s good to pay tax, despite that most of us are living in countries where the government are not doing what they are supposed to be doing for the citizens and for the country. But as for Bitcoin and other cryptocurrencies, I don’t think anyone of us here would support the idea of paying tax to the government just for making use of Bitcoin.
People that usually bring up these idea of paying tax are just stupid and creepy government workers. Makes no sense to me, we shouldn’t pay tax for Bitcoin, the one we are paying in our countries are already enough, we can’t be paying double tax.
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I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.
I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.
The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.
Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
What do you guys think? All thots are appreciated!
Cryptocurrency is quite a good thing and you can see that the price of Bitcoin is already going high. Today the price has gotten up to $7400+. But let’s not forget that crypto is like a glass that can shatter at anytime. The price is going now and that’s quite alright, but it can also fall at anytime. So it’s good to watch it every time and know what’ your next action should be, whether to keep on holding or to withdraw immediately. But don’t forget that it’s always good to have patience. |
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In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".
In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.
The value of money: it exists because of payment.
This is not a question and Bitcoin is not a real currency, it is just for making payments peer-to-peer. If you read about it you must have known that it was made for the purpose of sending and receiving money online. So anyone that defines it in a way different from that is telling you lies. Although really changed due to the value of Bitcoin that kept increasing due to demands for it, and now most people come with the purpose of HODL till the price goes up so they can make profit. |
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From today, bitcoin will not add even a rupee to your bank balance today is the last day to monetise the investment in India as all the banks and financial entities will stop operating accounts linked to virtual currencies from tomorrow ...guys what to do now how to withdraw the funds to indian rupee any solution?
Lmao… but there are still lots of ways you can monetize it without anyone knowing how it happened or whatsoever. It’s not a must that you will have to make use of an exchanger and make straight withdrawals to banks. I know a lot of people that are making use of Bitcoin and they are buying and selling and also monetizing it without problems. Maybe you should discuss with those that are living in your country and are doing the same business to know what they are all up to. |
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according to different observation i think few ways are available for abusing bitcoins transections such as Technical weakness , Greedy peoples ro dishonest people , proper management. i would like to describe above mentioned quotatin in briefly
1. technical weakness: we know its a peer to peer transection system throgh confirmed way. within a few second a dishonest person can get more money by fast clicking when submit second payment of different recipient.
2. proper management: there is so many lack of proper management of human or account holders. so many hackers want to hack system for getting money because bitcoins holder don't have any insurance like bank account holders. even government don't follow rules and regulation for virtual currency holders.
So what you think about it ?
Improper use of Bitcoin mainly has to do with hackers, thieves and a lot of evil activities that are being done by cyber criminals. It is one of the main reason why some people don’t even want to make use of Bitcoin. I was once discussing with someone about Cryptocurrencies and he said that the reason he doesn’t want to get into such is because of hackers and that he’s heard stories on how exchangers were hacked and Bitcoins stolen.But all these things can be avoided. |
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This is one of the best advises that you can give any one in the crypto industry. Holding many tokens on the exchange without trading it (buying or selling) prices to come with a bigger risk. Its less riskier to have your tokens in your wallet that you control the private keys
Yes, if you do not trade regularly, keeping the coin on the Exchange is unreasonable because the risk is huge when Exchange is targeted by hackers around the world. It is therefore important to preserve the coin carefully and more efficiently to ensure that coins are safe. That is right because we can have a possible threat of the wallet getting hacked by the hackers. To be on a safe side, one should be aware that holding coins on exchange for long might cost him/her the whole wallet. Also one looses control over the funds if coins are held on exchange. We have had so many incidents of wallets being hacked in the past. Dealing in the market requires the trick to reduce the risk in business. |
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I think there is not huge problem. The biggest reason is panic selling. Even the ridiculous news can affect people's psychology. Only the traders who have been in trade for a long time can reduce their own emotions, and they always knows how to look positive to red market.
Exactly and in my opinion, there are so many reasons for the drop in the value of crypto currency. Prominent among them is the factors that reduce the demand for the crypto. Risk in the investment is something that declines the demand for a specific asset. Price stability also matters a lot. When the price is not stable, the demand sharply declines and vice versa. The activity of Whales for their own interest in the market is a potential threat to the extension and progress of the technology. |
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Let's hope bitcoin price will be back on the track just like climbing again into $20,000 USD or more than for that. I believe on bitcoin could hit that again and i hope the bullish run will start.
That is right. We are on the rise in the crypto market and might possibly witness the impending boom as well if the values of crypto rose above the $10000 value. Right now we have a slight rise and a good stability but in the future, we might witness some great jumps as predicted by some famous experts. Facebook has also planned to invest in the crypto. This has actually given people a new hope and we might possibly earn handsome cash in December. |
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As the title says I am pretty sure most of us who understands "what is the actual use of the bitcoin will know what it says"
Bitcoin :
Mint Symbol : BTC
Value : Avg. 10K USD/BTC
Form : Virtual
Use : Currency
This should have been the actual thing after the Satoshi's dream to release the coin like BTC in the market. The bitcoin was supposed to be used as currency to buy and sell things the same way we do with our dollar.
The first use of BTC was done when the guy bought pizza for 10K BTC. That was the thing which should have been continued today also. No matter what how much you pay for pizza in those early days, it could have been few satoshi's today but it could have worked just fine.
The status of the BTC has now turned to commodity. The commodity which is being traded globally for the own profit and to run the different industries. This is getting ridiculous day by day as replica of it coming out of the forks.
This Should have been the Future:
Bitcoin is ebbing used as currency in 2009-2010. Government see that its popularity is growing day by day and it could be of could use in the financial sectors, lets implement the blockchain in our banks!
Bitcoin earns the legal status
Bitcoin gets widespread across the globe and rest of the country follow the same and thus the nationwide legal status turns into the global legal tender!
People start using the BTC for trading daily life needs with help of bitcoin.
There are no creation of million BTC addresses daily but the only one unique address per head per bank account!
No exchangers are being created but only handy smart phone apps and PC wallets to store the coins linked with bank chain.
Bitcoin smoothly shifts in the market capitalism and keeps going upwards slowly but steadily. The value rises and it gets cheaper to use for daily needs.
Global financial advisor think about minted coins to be formed physically with unique barcodes printed on them.
First appearance of the BTC in the global market!
Yes, that seems to me perfect. This is what bitcoin could have followed but greedy human changed its history by using it for their own benefit as commodity.
It is still being used as a currency, but it is an online currency (online money) So we can only make use of it online only, any other use apart from that is not permitted or not possible. As for those who are making use of Bitcoin as an investment/asset, well, that’s what happens when you see that the price of something is fluctuating up and down, since they have seen the possibility for that, they have decided to start doing it. Especially whales are fond of manipulating price up and down. |
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Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.
Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.
Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce. If something is scarce and many people want it, then, its value will eventually increase.
So.. Bitcoin is not Bubble!!
Well, that’s what they will all say, but I still think that they are right in a way. Bitcoin bubbles, but that’s as a result of the whales that are pumping it from behind and we don’t even know who they are. They can call it a bubble or whatever they wish to call it but one thing for sure is that Bitcoin continues to grow and anyone who wants to invest in it will do it despite what they are saying. I don’t have time to listen to people on whatever they have to say, I gained my success through Bitcoin. So there is an opportunity, cause it is one of the biggest thing in the market today. |
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Hi guys ,
Do you think the whales are manipulating the markets ?? Has any one noticed that the current bull run that has been on for the last few weeks comes to a halt every time it reaches the 10 k mark and slides down . My theory is that whales sell at 10k and then create fud so market slides down only to buy back and pump . What do you think ?
Yes they do manipulate the market and I believe that last year was as a result of the whales in this business manipulating the price up and done. They wait t for us to panic sell our Bitcoins and then they will get in and buy lots of coins at a cheaper rate making the price to pump unexpectedly. When people start to rush in and buy, they will wait till price gets high and then they withdraw and the price will crash with lots of people losing their money. Sometimes it’s good to cut loss🙄. If you’re not careful, you will lose profit and both the money you invested. |
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The problems with medicine in poor countries is the sheer number of counterfeit drugs which cause even more damage than the illness. Take a look at "farmatrust" which solves this problem via blockchain technology. I think the ICO is still ongoing if you wish to invest and make a fast buck
The thing is that blockchain technology is really going to be helping in a whole lot of way in the health sector. Yeah, this topic is a bit directed to African countries, but not just in Africa but all over the world in some perspective as per my knowledge. When it comes to health deterioration based on how the sectors are fashioned out, less healthcare for the poor, siphoning of funds, distribution of fake drugs, no data. No audit and everything is just messed up, we can say indeed Africa will be benefiting a whole lot as most of these things can easily be curbed with blockchain technology. |
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Gambling should be played with moderation. It should be us the players who will play not gambling to player over us. Money that will be used to play should only be those that are excess funds or else it will drive the player not to quit until losses are fully recovered. Its not suppose to be a money making venture but only to entertain.
As in the statement one needs to spend on gambling the excess funds that he has apart from his living expenses. This will not affect the living of respective users at any instance. There are people who have spend their tuition fee on gambling and suffered to recover. Such situations should not prevail, the control is in our hands. Well, that in a way can help anyone who does not see gambling as anything they should expect much from. Quitting gambling however like the OP mentioned right from the start is a choice and the only way to ever do anything right with it, is to never expect anything right from it. Gambling is a game of luck and the best anyone can do is to be moderate, not get too exposed to the gambling impulse and do things right as much as they can without it letting affect their emotions, otherwise, it is better to not start at all or quit when they are beginning to get the wrong picture. |
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