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41  Bitcoin / Bitcoin Discussion / Re: What do you think will happen to the price when all the bitcoins are mined? on: November 08, 2021, 04:29:05 AM
when all bitcoins are mined i think the price will go up and more people will search but to have 1-10 bitcoins it will be difficult so those who have more than 10 it must be the richest person from owning bitcoins
but the increase will occur if bitcoin gets good news and vice versa if bitcoin continues to be reported badly there are 2 possibilities with the bitcoin price continuing to fall until it has no value or is stuck and difficult to rise
Indeed. If it happened that all bitcoins are mined, the price of bitcoins will surely be more valuable than before. If that will happen then there's no need for us to hold our coins and surely all of us will gain profit. If all the bitcoins will be mined, it will be more stable that we don't need to worry everything. But, it is very difficult to say it now since the time is very long. If that will happen, I am very sure that digital currency will be better major in the future.
42  Economy / Trading Discussion / Re: Start somewhere on: November 08, 2021, 02:29:06 AM
the key is to be consistent. if traders start small I'm sure if they are consistent it will slowly become a big number. trading steps should not start with a big one, if you are new to trading you should do it with a small amount, when we have mastered everything just start with a big one, this is better than not being able to control emotions if the amount is large in trading.
Consistency is really needed. regardless of small capital, consistency to learn how to read the market, learn technical analysis and fundamentals it will be more important for the knowledge needed. Because if only consistency with small capital without learning how to trade properly and correctly it will not develop.
it will grow slowly.
I also started with something small and until now I can even have a large capital to get a bigger profit.
Indeed. It is very important that they should have enough knowledge before starting to trade or even the basic of trading. It is to avoid such losses and to know the risk of it. Starting to trade with a small capital without knowledge about it will surely loss what you invested. If you have knowledge, understand the flow of it even just basic will surely help you grow your capital. Experience also will help you understand more about it.
43  Economy / Trading Discussion / Re: Are trading platforms useful? on: November 07, 2021, 04:55:25 AM
It is very important that you have knowledge about it or even review it first before entering unto it. It is also to avoid losses and to know all the possible risk. Almost every trading platform is useful. Its up to you on how will you get profit from these platform. Most of the platforms you have to do your own adjustment for your trade pattern to work very well with it. If you don't do that and just follow what you see there, you may keep experiencing losses.
44  Bitcoin / Bitcoin Discussion / Re: Do you want to see Bitcoin legal in your country? on: November 07, 2021, 02:45:12 AM
Bitcoin is legal to some of the countries but it is not legal here in our country. Bitcoin legalization in my own opinion is very important, if the states limits or even totally ban bitcoin it will already difficult to receive cash from bitcoin transactions. But, people have different perspective about this, maybe some of them might say bitcoin help or make positive argument, and the other will say bitcoin have big problem. If it will be legalized, it might be possibly better in the future.
45  Economy / Economics / Re: Elon musk now the richest man in earth on: November 06, 2021, 03:10:03 PM
Elon musk always makes phenomenal things, when there are many negative campaigns and bitcoin banned then he invests bitcoin, and now it is proven that what he is doing will be an inspiration for anyone to invest bitcoin, I believe elon musk's wealth can increase to billions of dollars because of the price of bitcoin which continues to rise.
It's amazing what Elon Musk did and on the other hand there are a lot of people who hate him too,
there is no doubt that Elon Musk's wealth will continue to grow,
he really isn't satisfied with what he's achieved so far
He can surely sustain as being the richest man on earth but the question is, Can he surely maintain his position? Well, nobody really stays at the top forever, as time goes on things begins to change. Especially he isn't that satisfied with what he achieved so far. He should enjoy while it lasts. Hard times coming soon.
46  Economy / Trading Discussion / Re: Before getting into trading on: November 06, 2021, 01:27:56 PM
Is it really necessary to take a course before getting into trading?
The training course may not need to be taken, but I still advise you to view the YouTube content, in order to study at least the exchange interface and all sorts of strategies, it is imperative to watch the video about the concept of orders, how to trade them and how to work with them.
Indeed. It may be a big help for you viewing in any websites that surely can give you a lot of information you want such as YouTube and Google. When you Start to trading it needs knowledge for you to understand everything you did. Advance knowledge, chart reading any other step-up knowledge can be learned without realizing it. Experience is the best foundation that any trader has.
47  Economy / Trading Discussion / Re: Start somewhere on: November 06, 2021, 10:28:39 AM
It is good to start a small capital. It is good also to start trading than waiting but, the most important thing is you should have enough knowledge about it first. It is very important also that you know how to handle everything that you encounter and should know that risk is always been there, that you must be ready of everything.
48  Bitcoin / Bitcoin Discussion / Re: How Bitcoin can help Local Communities on: November 06, 2021, 08:40:07 AM
I am more impressed for those who make good use of bitcoin as a source of income and change their life for the better despite being banned but they still use it in their own way, than those who do nothing.
do it independently and also self-awareness we will enjoy the pure benefits of the results of our creativity and expertise which in my opinion is very cool and can add knowledge and also a very extraordinary experience, because then we can understand and also understand the function of bitcoin or crypto well .
Indeed. Presently in our local community, Bitcoin investment has been a great help to all the youths in which it has helped reduced the rate of unemployment and poverty to some level through various Bitcoin investments most especially during the covid 19 period. Bitcoin will totally boost our local economy right now, where individuals are into bitcoin to support their financial needs. Bitcoin have benefitted a lot in our local community as it helps everyone who uses it to even gain for their financial needs and reduce unemployment.
49  Economy / Trading Discussion / Re: best way to traiding on: November 05, 2021, 10:03:18 PM
There's a lot of ways for you to understand trading. All the information you wanted to know is already in the internet. I guess you just need to invest time for you to understand more about it. You can visit in the internet because there are lot of tutorials you can watch for you to understand more about trading and start by reading or seeing trading techniques, before trading you must see market developments first. You will master trading soon if you will just give enough time for it.
50  Bitcoin / Bitcoin Discussion / Re: Going public saying you own Bitcoin is not safe anymore on: November 05, 2021, 12:53:10 PM
Although bitcoin has high security, if published, we can become targets for bad people. Social media is very dangerous because there are many people we don't know that they are good people or bad people. I feel lucky because I'm not someone who likes to share things on social media.
Indeed. There's a lot people who are greedy and being happy even they did bad things to those people for the sake of money. It is not safe anymore saying in public that you own a bitcoin since bitcoin is becoming more and more valuable. Money is very needed this time because of pandemic that's why it's too dangerous spreading information to the public especially to those people whom you don't know.
51  Economy / Economics / Re: Bitcoin adoption by banks - good or bad? on: November 05, 2021, 11:24:02 AM
More adopting bitcoin certainly makes bitcoin users continue to increase, it might be too late but this is better than continuing to fight bitcoin, I believe if the influence of bitcoin gets stronger and people leave the bank so immediately adopting bitcoin is the best thing to survive.
Of course it is a good step and in any case I do not think that it is too late because for me personally it is never too late for a step forward,
and talking about leaving the bank doesn't seem like it's going to happen,
there's no harm in adopting both and it's a good thing
Maybe it was a good step for everyone of us since it will boost the confidence of the people who are towards cryptocurrency. It was good but maybe disadvantages and advantages are always been there if changes might happen. But still, it will depend on how bank will handle bitcoin.
52  Bitcoin / Bitcoin Discussion / Re: Do you spend your Bitcoin? on: November 05, 2021, 09:17:24 AM
Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?
I spend some of my profit, usually for daily needs or maybe if i gain much, i transfer some of my money to other business. Maybe selling something or another assets like property. Because i know crypto trading is risky and we don't know when actually we will face a losses in trading, so made a back up with real business can be options.

I do these operations, using the profits in other operations, it could be a good method, I think it reduces the risk of losses, consequently the opportunity for good profits .. Every choice has consequences, you must always choose wisely ..
I also do this because there's nothing wrong spending it especially if you really need to. Indeed. It reduces risk of losses and might give you good profit. But, Most of the time, hodl only! There's nothing wrong spending but it's better to choose wisely and spend it in a good way like purchasing for your daily needs.
53  Bitcoin / Bitcoin Discussion / Re: Bitcoin's Fungibility Issue on: November 04, 2021, 09:38:53 PM
Fungibility is not a binary property of money; certain goods can be more or less fungible than others. In my opinion, a tainted coin has need to be proven  if is used for dangerous crime otherwise a mere claim of being tainted without strong proof could be ignored by other users and the exchange that tagged it sanctioned or punished. Although, this is not a frightening problem, I didn't heard that anybody experienced this or even having this kind of case.  As to two gold bars, they are not always the same because of some impurities and you can't even know if you are holding real gold bar or some cheap metal with golden layer. I expect that it will be seized and marked as crime money/gold and it loses it fungibility or cease to being fungible
54  Economy / Economics / Re: 6 billion to solve world hunger? on: November 04, 2021, 08:44:05 AM
It's up to the world food program to get the solution and find a way how 6 billion could alleviate all the problems. It's amazing how much social media could do and how it is announced and shared throughout the world. I think the opportunity that they need to take advantage of is how they are going to implement the transparency thing by spending so much money and how it can be controlled and monitored.

With the articles that I read, the WFP chief said

$6B will not solve world hunger, but it WILL prevent geopolitical instability, mass migration and save 42 million people on the brink of starvation. An unprecedented crisis and a perfect storm due to Covid/conflict/climate crises.

I do hope that it happens, at least, millions of people would be saved and I hope it can be maintained with the efforts of the program. I hope they would be transparent with everyone like an open ledger type thing like in cryptocurrencies.
Definitely. If all of that happens then it will make all of the people happy because as you said it saves at least millions of people. And as like you, I also hope that it can be maintained with efforts of the program. Maybe those money they are going to donate might even reduce the hunger of some people but charity might be better instead of waiting. If we have something that might help other people to relieve their hunger then why not give them open arms. Let's help not wait.
55  Bitcoin / Bitcoin Discussion / Re: Banking system and BTC on: November 03, 2021, 12:48:02 PM
Hello traders. What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and  high transaction fees.Banks can’t control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.
In my opinion, Bitcoin and Bank will never be combined because bank always banned bitcoin as payment currency. Bank also disagrees when government want to adopt and accept bitcoin as legal currency payment. But, I think no need for bitcoin to adopt bank since bitcoin has this strong security system to avoid anything harm to all of the people who used it. In fact, bank will be the one needed the security system of Bitcoin because of those things happened to their customers. Bitcoin is the key for freedom. If both of them will combine, it might be interesting but its too impossible.
56  Economy / Trading Discussion / Re: Are we coming to the 5th wave? on: November 03, 2021, 11:12:46 AM
Alessio Rastani is one of the Elliot Wave (EV) Acholits and on his last video, the guy is saying that from the perspective of EV theory the big picture says we are coming to a 5th wave. I don't have any opinion on this, but from what the guy says the 5th wave is the point where the bear market is longer and deeper than the other Waves. According to him, this means bad news for bitcoin. I'm no expert in EV theory but the truth is that there are a lot of guys making accurate predictions using EV. What do you guys think about what this guy says?

I am not that sure about 5th wave but, as far as I know bitcoin has this good chance to lift the price to the next ATH. But, apparently this moment is not far off. Although now, there is no certainty about anything, the situation can change quite often and it's hard to predict what is going to happen.
57  Economy / Trading Discussion / Re: I need help about some coin prices. on: November 03, 2021, 08:56:39 AM
Hello,
I know people here are cautious about sharing analysis. I need help about the price of some coins and I'm thankful if anyone who likes to help, PM me.


Thank you.
There's a lot of websites for you to see the prices of coins your holding. But there's a website for you to get the data you want about the coin your holding just like coinmarketcap. Through this, you can get the truthful information on every coin. But, I guess someone can also help you when you're being transparent so people can see on what coins you focused. Google and YouTube might help you as well but, make sure they're valid.
58  Economy / Trading Discussion / Re: Now the price is bullish on: November 03, 2021, 03:00:45 AM
The condition of the market in now a days is really good and has a good height indeed, but the thing which matters is the buying price and the entry of the trader. at which point he is taking entry in some coins, that may give you a right time for the profit. So, the price is very good at this point and can get more and more profit.
Definitely. This just means that there will be chances after all of those hard time experiencing dumping of prices in cryptocurrency. Since, the market condition is great this time then, it is a great opportunity for many investors. They have waited this for so long. This is also the right time to take or earn some profit. Experiencing this just means crypto is going strong. That towards everything we've experienced, there will always be a chances to experience this.
59  Bitcoin / Bitcoin Discussion / Re: The Future on: November 02, 2021, 12:37:12 PM
If this can happen all outside of our thinking, because everything you mentioned is very difficult to happen as it happens now that the bank can adapt to bitcoin and it will go well then it will be difficult for bitcoin to replace the banks, but for Uber and taxis are currently being rivaled in the world of transportation and both are still equally used by consumers, But for others also happened like that, then for the future there will be changes but we do not know what will happen, it could be born the latest technology and competition will be higher.
Indeed. I think some of those I agree but others I will reject. Because as other people said, banks will choose to adopt the revolution of cryptocurrency world, it is too impossible to happen. There's a lot of things that crypto is used such as a way of payment for transactions and other goods and services that crypto don't need banks for using as a way of transaction. That's how human are so wise and love to discover new things that are beneficial to humanity. But, still it will depend to what should happen to the future, we can't predict.
60  Economy / Trading Discussion / Re: Bitcoin the king on: November 02, 2021, 11:08:07 AM
Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.
I think no one will ever bypass Bitcoin. After all, such a cryptocurrency as bitcoin does not exist with its history and a long road to success. After all, what we know about him, besides the name of Satoshi, but nothing, there is the same cryptocurrency on the market with its past, which is practically nonexistent, the answer will be unambiguous, bitcoin is unique and no one will bypass it.
Indeed. Bitcoin is not being called as king and never be called as father of cryptocurrency without nothing. Once bitcoin's price dump, altcoins will also dump, if it pumps altcoin follows. So, as what we observed then, bitcoin is unique and no one can replace it.
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