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41  Economy / Economics / Re: If i could manage the government! on: September 20, 2018, 11:38:41 AM
IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money. In this way we could eradicate the corruption because the public could be aware on where the budget of the people coming from taxes will going through. Yet, until now the government is not interested on cryptocurrency or if they are they are not willing also to investigate and checked how cryptocurrency works and how could it will be applied on their system. They just want their business to continue as usual doing ghost project? I do not know maybe!
I have ever a chance to take the hold I would legalize bitcoin from the very first day and allow people to invest and trade in bitcoin as much as they can. Improve your financial position, make money from cryptocurrency and solve your problems by yourself. Don’t wait for government and try to handle small needs of the daily life for the community. Then I would say that bitcoin really can change the economy.
42  Economy / Gambling discussion / Re: Crime Effect of Gambling - Your thoughts! on: September 20, 2018, 10:47:44 AM
I think its possible to amplify or pick up crime as a result of gambling experience. In particular, more so I think, in relation to old fashion walk in casinos.

Any person who has got addicted to gambling the chances of happening of crime also increases with that cases. Though it will a few % among that addictions who can commit crime and it will happen when they lose all their money and want more to gamble.


Do you really know cases of gamblers who lost money in a casino, went out and stole from someone or robbed someone at gunpoint to be able to get back to game? Never heard of anything like it. Gamblers aren't some hardcore criminals and they aren't blinded by drugs when they are playing. If they see an opportunity they'll take it but they won't start killing people to be able to play.
You have no never heard about this but this is a fact and the reason is that addicted gambler want money for their addiction and to get some money they can do anything illegal but they want money at any cost. I have seen so many cases. Most of the robbers are gamblers because they rob and loot people to fulfill their addiction. When one thing is illegal why not so many?
43  Economy / Marketplace / Re: "Bitcoin mining is a Big no!" on: September 18, 2018, 11:56:29 AM
investing in cloud mining is not really valuable because most of them are just scams, but I prefer trading than mining bitcoin because I think it is more profitable to trade than bitcoin mining
This is the right way. You should buy some bitcoin today and hold them for some time and when you realize that know selling is profitable then you can sell your coins. But mining is also mandatory because if there is no mining there would be no supply and if no one wants to sell hid coins where will you find coins? But it is also a fact that mining in these days are not profitable.
44  Economy / Marketplace / Re: Trading, ICO, Lending, Bounty. Which one should I do ? on: September 18, 2018, 06:21:26 AM
If you are very skilled at investing in ICO, then I suggest you engage in trading and ICO. You should not try operations that you are not familiar with, which will make you suffer losses!
Most people are making money in cryptocurrency trading. All other sources in this market are time consuming. Only trading will give you profit on daily basis if you are capable of day trading in a good way. You will never think of any other mean of making money in cryptocurrency market when you have full command on day trading. Don’t waste your time in other things. I suggest only trade.
45  Economy / Economics / Re: Bitcoin and Future of Economy! on: September 17, 2018, 12:00:09 PM
Its possible but it make take decades before it happen. Bitcoin may increase its value but it will have a hard time to get in the main market around the world. Maybe the whole cryptocurrency can be a good alternaternative for a fiat money but it will never be the main currency I think. Our government will always find ways to protect fiat money, but a least cryptocurrency will be accepted around the world in the future.
Yes that's right. Bitcoin is very good and a big  help for our future. It will also lower the rate of poor people in this world. It can also rise our economy.
In my opinion the future of economy will depend upon cryptocurrency in the future. In the future the whole world will use only bitcoin for their general use and all other currencies will disappear from the market. When we have one usable currency all over the world, buying, purchasing and trading will be easy and the money circulation will never stop. It is the growth of economy.
46  Economy / Trading Discussion / Re: The date is very close when Indian government will ban the crypto trading. on: September 17, 2018, 10:14:26 AM
We can’t say 100% right about this. But as long as I know Indian government going to prepare a regulation and a form of terms for control crypto currency. If they do so then why they want to ban it? Can’t they control crypto? If yes than why they think to ban crypto please? When the World Bank have process and already reserve for a sample than why Indian government want to ban crypto I can’t understand. 
The reason they forbid crypto is to secure Indian society from the black market, there are cases where illegal sales and frequent purchases that occur in Indian law, this is not new but there are some countries that are still reluctant to fully control the crypto, on the other hand they have not ready in the technology to be at the level of cryptocurrency and blockchain, that's the reason that makes sense to me, every information must be explored more deeply so as not to confuse myself.
It is not good for Indian people because it is very profitable mean for moony for them and if the government ban crypto trading they will lose the opportunity of making huge money. Indian government should think seriously about it because cryptocurrency will be the only usable worldwide currency in the future and having crypto today is necessary.
47  Economy / Trading Discussion / Re: Want to learn basic trading ? on: September 15, 2018, 12:31:01 PM
My trick is to use demo accounts. Theory is great but you can’t understand how it all works until you start trading. Begin with free money, try to analyze the process and make predictions. Switch to real money only when you have a stable success.
Always the best way to start to be able to gain confidence over time. Actually, it is always imperative to learn some certain basics on how to use some indicators, what people have used in the past, how it works for them, ways to do market analysis and so on, which from there you will be able to formulate your own strategy as time goes on and build on that strategy to get the best result.

Now, building on a strategy to gain confidence can take some time which is why demo account can be used in practicing, seeing what you are able to achieve over time, learn from your mistakes, before eventually hitting the main market with real funds.
48  Economy / Economics / Re: What language should I learn next? on: September 15, 2018, 10:05:48 AM
I know some of you would wonder what this topic is doing here, in the Economics section, but since it is in fact an economic question with purely utilitarian goals in mind, I think it is where it should be. This is a serious question and I'm not kidding. I'm not very interested in European languages like German or French, or whatever, as I think languages like Chinese and Japanese are more promising and rewarding in terms of both usage and money in the nearest future. Personally, I'm more inclined toward Japanese (that's why I'm not decided yet), though I understand that Chinese may be a better choice for the time being and years to come

So what is your opinion on this matter from an economic point of view, with crypto in mind?
if you learn many language much better because you know what they want to share about this
Yeah you are right that Chinese language has its values but not for trading and economy. Many people in my country doing business with China but no one can speak chines. It means that it is not necessary to learn the language of the country in which you want to start business or trade. Language is not concerned here; the main issue is to improve your economy by doing business with other countries.
49  Economy / Economics / Re: What will happen if the all countries convert to cryptocurrency? on: September 15, 2018, 07:32:09 AM
The moment every country decides to convert to cryptocurrency, that is when the prices of all cryptos will just skyrocket. But I really don't know if this will happen in future.
maybe yes and maybe maybe not, I think there might be some countries not beautiful to cryptocurrency, for example in the country of Indonesia still prohibits bitcoin and crytocurrency as a substitute for money in Indonesia.
The whole world will use one digital currency and buying, selling would be easy. You will buy from your home and will pay your bills from your bedroom. These are the benefits of bitcoin and Altcoin. The world is gradually moves on towards digital things and cryptocurrency is one of them. You will not need to convert your money in the required one due to bitcoin.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin future on: September 12, 2018, 10:43:25 AM
because of the nature of a competitive market that over time can rise and fall without us knowing so to make a profit on latcoins we have to invest in coins that have high potential for long-term holdings such as coin ETH which I think is good. I think Altcoin has a future because it is growing with the emergence of new quality coins. as long as bitcoin continues to grow altcoin will not die.
But I hope that the current time is too much attractive for buying altcoin. No doubt that the price of most of the altcoins are trading low, but I think that still they have too much potential and in any time their price can pump, we need to do a good investment in altcoin which we think are trading currently in a low price.
51  Economy / Trading Discussion / Re: How to start trading on the crypto exchange? on: August 20, 2018, 08:08:59 AM
If you feel you have enough experience, knowledge of trading such as market analysis, coin, chart, project, ... you can start right now with little money to get used to trading on the crypto exchange
Trading is not an easy job and one need a lot of experience to become a good trader. So i will suggest for those who want to start trading is to start with low amount and once they gain experience then invest big in trading.
52  Economy / Trading Discussion / Re: Hello traders on: August 20, 2018, 07:37:30 AM
Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this?  Anything that you can share and advice to a newbie like me is appreciated.
everything have risk, but trading not only give us profit, but it can give us experience and knowledge that we can't get from other activity. and risk in trading activity is not as big as the others for example gambling that can give us 100% loss
In order to be perfect in trading, we need to learn in it. No one focuses on learning trading and later many newbies cries on their loss. If we have good knowledge of trading, we will never lose.
53  Economy / Economics / Re: Beliefs about money and wealth on: August 20, 2018, 07:05:49 AM
I also read this book. It's just a great book that can change your financial worldview. An important statement from the book is that money is just a tool for achieving goals. The rich are not bad people, they say in the book, among the rich there are a lot of good people. The main difference between rich people and the poor is that the rich buy assets

The main difference between rich and poor is that they buy assets? That follows from the definition of richness - people who have money of course are expected to buy assets.
Not all rich people are the same - sometimes, the source of wealth also plays a role. People who inherit wealth will act differently from those who have worked hard to accumulate wealth.
Thats true that wealthy people can become more wealthy in bitcoin also as they have more fiat to buy more bitcoin and any profit will be more distributed to those who have invested more.
54  Economy / Economics / Re: Which cryptocurrency should I invest in, in 2018? Why? on: August 20, 2018, 06:16:54 AM
for now it seems that the most suitable for investment in 2018 is bitcoin because bitcoin has a very good potential to rise and the current condition of bitcoin prices also falls so take advantage of bitcoin price movements to be able to get a lot of profits.

Bitcoin is always the best among all the coins and reason for this it is the mother of all crypto currency and it value is way high than all other alt coins.
I will also suggest to go for top 10 crypto currencies. This time when the market will recover, the top volume coins will move first and will easily give 2x,3x profit and even more.
55  Economy / Economics / Re: Reason we pay taxes and why we should on: August 20, 2018, 05:43:27 AM
I would be okay with paying taxes if the money were actually used for the citizens but mostly the money is wasted on useless stuff like the BER Airport in Germany... it was planned to cost under 1 Billion and now it cost 7 Billions and still not ready... and its nowhere near finished... this is just a waste of money and a lot of people need to work a lot of hours to earn this money... thats why I hate paying taxes as its actually in the meaning a good thing but the way we live it sucks the blood of the people and its a total waste.
Linking bitcoins with taxes, i will suggest that government should think out ways on how they can tax on bitcoins, in this way people will benefit as they will use bitcoins freely and also government will be happy to keep on collecting taxes.
Taxes are important for the governments  to operate properly and since there is no tax on bitcoin, most of the governments hesitant to declare it openly a main stream currency.
56  Economy / Gambling discussion / Re: Walk of Shame on: August 17, 2018, 12:37:42 PM
People play gambling only because they are greedy. They consider gambling as the shortest way of making money, where they do not require any knowledge or experience, no doubt that it is the shortest way of making money, but it is also a fact that gambling is one of the most risky way of making money.

I think it's inappropriate to generalize all people who gamble. Not all people who gambles are greedy, Maybe you are correct in terms of saying that people consider this as one of the shortest, fastest and etc. to make money but Like I always say, Gambling is meant for fun and entertainment but there are people who really are irresponsible that put the name of the industry in a bad a reputation. Greed is already part of our human nature to begin with, each and everyone of us is greedy in our own way/s. Also, just to counter your claim about "where they do not require any knowledge or experience" may be for some games it may not require knowledge and/or experience, but for example Poker, Blackjack and most of the card games, Experience and knowledge could be so useful for the player.
People are greedy in the sense that even they know that gambling is one of the most difficult and risky way of making money. there are dozens of stories about people who lost everything in gambling but still they like to continue play gambling.
57  Economy / Gambling discussion / Re: Which gambling sites have 0% house edge? on: August 17, 2018, 12:02:26 PM
I think  there is no zero percentage house edge gambling sites are there.  Because it is not worth for site owners. If they give 0% house edge then why simply they invest a lot of money to create sites, it is no use. Safedice site I don't have any idea about this site. Let me check once and later I will share my experience. But I think there is not Grin
I think that that there may not be a single casino who are not getting any edge, because thay have to run the casino and for that they have to keep some edge, but the edge should not be a big one, so that gambling can easily visit your site and use it for playing gambling.
58  Economy / Gambling discussion / Re: Why gambling is portrayed negatively almost everywhere? on: August 17, 2018, 11:32:39 AM

Probably because of the side effects if you over do it.
but its the same with a lot of things, a glace of wine on a Friday is fine, right.

But a bottle per days is not so great.




Gamblers who are obsessed to get money easily through gambling will usually not be concerned about the risks they might get in the future. The one thing that will keep him going is the dream of getting rich with little effort. They forget that with such habits they can get such deep regret. Yes, do gamble once a week will be better than doing it daily. But if it is possible, not doing it at all will be the best!

Gambling got its bad name all over the world since there are already a bunch of bad examples in regards with the gambling side effects. Not only the gambler itself who will suffer from this type of game. People near the gambler could be affected as well ( family members, friends, neighbour, and so on ).
But that is all faction and no reality is there. We hear such stories only in films and dramas, but in real life it is too much difficult and risky to make money from gambling. I personally know about so many people who have ruined their life in gambling.
59  Economy / Trading Discussion / Re: Right time to buy a lot of bitcoin. on: August 17, 2018, 11:03:17 AM
Nowadays it's also the right time to buy cheap bitcoin today because of its low price right now because many say it will increase before the new year.
Exactly, i agree with you. This long bearish period of crypto (from feb till now) has bought crypto industry to less than 200$marketcap which means many coins are too low in value, good opportunity for the people who want to enter in this market.
60  Economy / Economics / Re: Reason we pay taxes and why we should on: August 17, 2018, 10:19:27 AM
I would be okay with paying taxes if the money were actually used for the citizens but mostly the money is wasted on useless stuff like the BER Airport in Germany... it was planned to cost under 1 Billion and now it cost 7 Billions and still not ready... and its nowhere near finished... this is just a waste of money and a lot of people need to work a lot of hours to earn this money... thats why I hate paying taxes as its actually in the meaning a good thing but the way we live it sucks the blood of the people and its a total waste.
Linking bitcoins with taxes, i will suggest that government should think out ways on how they can tax on bitcoins, in this way people will benefit as they will use bitcoins freely and also government will be happy to keep on collecting taxes.
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