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41  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: July 21, 2018, 03:08:10 AM
For me the best time to buy bitcoin is when the price will decrease, like now the price of bitcoin is very low compare the last year equivalent so, i think this time will be the perfect time to buy bitcoin.
42  Economy / Economics / Re: Trading Bitcoin for real estate? on: July 21, 2018, 12:23:24 AM
It is a very good decision to trade bitcoin to invest real state. Because crypto currency has no consistent price. Whereas real state the earlier you invest much better.
43  Economy / Economics / Re: "10 Common Mistakes We make with MONEY" on: July 20, 2018, 03:33:55 AM
Mistake 6: Do not consistently spend more than you earn or spend all that you earn. You may not have anything for the rainy days or at retirement.

I am in favor for this mistake which is common for everyone. We should learn how to handle our money for the future. At least, we had already know the common mistake in handling money? Then we should avoid this mistake will happen.
44  Economy / Economics / Re: How to cope up with the falling prices? on: July 18, 2018, 11:59:20 PM
For me, to cope up with the falling prices of cryptocurrency is to invest while the price is still low and sell it when the price is high. In this way we can cope up the falling prices of crypto.
45  Economy / Economics / Re: War on cryptocurrency! on: July 18, 2018, 09:47:59 AM
'The war on cryptocurrency' is really the same thing in a different context. I
am actually surprised that it has taken the controllers this long to go public
with their fear mongering about how "we need to control the cryptocurrencies
to stop money laundering", as if the state, and the moneyed interests behind
them are not the ones responsible for the majority of the money laundering.
This is naked suppression of the competition, in the form of the federal
reserve note.
46  Economy / Economics / Re: The panic seller irony on: July 18, 2018, 04:05:44 AM
Panic selling is typically driven by fear that the market for a particular industry, or in general, will decline, causing additional losses. Panic selling however, can have the effect of flooding the market with securities that are being sold at lower and lower prices, thereby driving the price down and causing more selling. Most market crashes have been caused by panic selling.
47  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 18, 2018, 01:08:13 AM
The reason why lot of countries do not allow to use Bitcoin and other decentralised cryptocurrencies because it will allow people to trade directly with each other, cutting out the need for a middleman which, in traditional commerce, is a bank.
Banks generally charge fees for doing anything with money, even just holding on to it. That's because the banks have created a level of trust that transactions pass smoothly and everything is recorded and accounted for correctly.
48  Economy / Economics / Re: Reason we pay taxes and why we should on: July 17, 2018, 09:49:01 AM
The reason why we pay taxes are enumerated: a).The money you pay in taxes goes to many places. In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters.
 b).Tax money helps to ensure the roads you travel on are safe and well-maintained. Taxes fund public libraries and parks.
49  Economy / Economics / Re: Why people are still buying BTC? on: July 16, 2018, 09:51:50 PM
People are still buying BTC because, they are expected a good profit when the price of bitcoin becomes high. Aside from that, they invest bitcoin for the future.
50  Economy / Economics / Re: How the Bank works to make money? on: July 16, 2018, 12:54:38 PM
There are so many ways on how the bank works to make money, they offer loans to their clients, like car loans, housing loans, with a high rate of interest. Some banks also offer services like payments solution which includes service service fee and transaction fee.
51  Economy / Economics / Re: The economic crisis in 2018 on: July 14, 2018, 06:16:46 AM
Honestly, I do not think it will happen. The US market is long for a good correction but not a crash as they are in a good growth state. With President Trump new tax rules welcoming oversea funds into the country at a one-off tax, it will most likely grow the economy and inject more cash in. The Chinese are exposed to the global stock market with the record amount of IPO’s launch in 2017. The country is still growing at 6-7% yearly. Even with the crisis back in 2015 the population were cash rich enough to spend money on travel, luxury goods, property overseas, etc. UK and Europe may be more expose to a next financial crisis as they are still recovering slowly from all political hurdles in the last three years. Personally I am not keen on EU stocks because of the ageing economy and slowing down in their industrial technology.
52  Economy / Economics / Re: One of the biggest challenges that we will encounter in Bitcoin on: July 14, 2018, 03:05:19 AM
One of the biggest challenges that we will encounter in Bitcoin is Unreliable Third-Party Storage.
 There are still lots of Bitcoin users in the world who are not actually Bitcoin users, They deposit their Bitcoins with a third party and what they get in return are promises that they’ll get it back. That’s not really what Satoshi intended when he built a system that wasn’t supposed to have any middlemen.

53  Economy / Economics / Re: Gold & Silver are safe than bank deposits ?? on: July 13, 2018, 11:01:00 PM
For me, I would rather deposit Gold and Silver than a money in the bank because this precious metal and other investment like LOT/REAL PROPERTY will not depreciate for the next decade compare a money that deposit in the bank, there are so many consequences that the money will lost just like our experience that a bank file a bankruptcy because of the corrupt personnel who manage in a certain bank.
54  Economy / Economics / Re: stupidity is so close to poverty on: July 12, 2018, 12:44:41 PM
For me, Not all poor people are stupid, they just born from poor family and they are fighting for the inconvenience of poverty but this people we cannot consider that they are stupid. On the other hand, some poor people also stupid, this people are those who had no plan for there future, they just asking for help to others for living.
55  Economy / Economics / Re: Does money make you rich? on: July 12, 2018, 07:28:36 AM
For me, it is a big YES because money plays a big role in our daily living, without money we cannot invest a huge investment that can give us a good profit afterwards. We will not consider rich if we don't have money.
56  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: July 12, 2018, 04:11:56 AM
For me, Older people like to invest this precious metal because it is a long term investments. According to them, in case of emergency they can easily sell this precious metal. And aside from that, this precious metal will multiply the price depends upon the economy hike, i had an example and experience for this because my mother bought this kind of precious metal i think it is a decade after she bought one, and now we try to pawn it to check the current price and it is tripled the price she bought before.
57  Economy / Speculation / Re: Reason of the price fall on: June 25, 2018, 05:12:33 AM
When there is more demand for a stock price goes up and when there is more sellers, price goes down. The reason for more demand can be due to some positive news on the company, like a report that shows profits have increased.

Similarly drop can be a news like government imposing some regulations that will affect the sales of the company. Like this there are various news flows which will direct the price moves. A person who is able to connect the dots of the news flows better and smarter has the edge to gain in the markets.
58  Economy / Speculation / Re: How long will the bear market last? on: June 25, 2018, 02:46:33 AM
In the average correction, the market fully recovered its value within an average of 10 months, according to Azzad Asset Management. The average bear market lasts for 15 months, with stocks declining 32 percent. Bear markets are usually shorter than bull markets. Despite the pullbacks, the S&P 500 has returned an average of 9.9 percent a year, including dividends, from 1900 through 2013, and returned 13.7 percent last year. So far this year, the S&P is down 6.6 percent before dividends.
59  Alternate cryptocurrencies / Altcoin Discussion / Re: PURPOSE OF TOKEN? on: June 18, 2018, 06:22:05 AM
Token economies are based on operant learning theory, which states that rewards and punishments shape behavior. A token economy rewards good behavior with tokens that can be exchanged for something desired. A token can be a chip, coin, star, sticker, or something that can be exchanged for what the student wants to buy.
60  Economy / Economics / Re: Bitcoin plays a vital role in the economy on: June 18, 2018, 04:20:05 AM
Bitcoin is the most popular form of cryptocurrency that enables digital transactions between two parties without the need of an intermediary. Every transaction is digitally recorded in blocks which act like ledgers and once a block is filled a new block is created. All blocks are connected to each other using hashtags and a linear chronological sequence of these blocks forms a blockchain. Thus, every transaction is digitally recorded to keep security at a top notch level. Though the transactions are recorded, the information of the parties participating in the exchange is not revealed. The money can only be tracked when it is converted into cash. This public way of managing transactions has created the possibility of a huge revolution in the banking sector across the world.
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