That's not impossible to happened, because not every people knows about bitcoin or cryptocurrency many are believing in the rumor that bitcoin is a scam that's why even though they already heard about it they just ignore it. I think that's your time to introduce or explain how bitcoin or cryptocurrency works.
The number of people in this forum combined together with the number of people who know a thing about bitcoin compared to the entire population is not that much, the community is still a mote in comparison, so be forgiving and understanding to the people who do not know about. OP sounded condescending just because they do not know about it, do not be like that. If there is no way that they know about it then adjust because they are your clients and you are offering your services to them not the other way around. |
|
|
|
Absolutely! The blockchain industry is a young one and has a huge potential of being massively adopted in future. Once we hit mainstream adoption companies would be looking for the services of developers and other talents beneficial to the blockchain industry. I am currently shaping my skills in graphics just in case a company wants me to be their graphic designer.
Being young and new industry means that the pioneers in this industry will be under appreciated, there will be fewer people who knows about the blockchain industry, you will be faced with hardships and the pay will not be much (I do not know much about the pay rate), but with all this in the way, the endeavor is rewarding because you will mark a milestone in the industry being that you will become pioneers plus you are doing a job that you love and are happy. |
|
|
|
It should be real-time because in any point in time, people could acquire the virus and it is too hard to detect it already since you need to undergo tests and wait for the result. With the application of blockchain technology, maybe what we can improve is the monitoring of active coronavirus cases that could not be changed and is good for transparency. Though, there are countries that don't want to disclose the actual number the infections, how could we implement blockchain monitoring if the test kits availability isn't enough.
I think the technology is viable for monitoring but in my opinion using block chain is useless because what we need is contact tracing not monitoring, quarantine does the work though the quality varies per country, I do not think now is the time that we should use block chain for those things and such. |
|
|
|
I will disappoint you, but everyone around you already knows that the world economy is like a house of cards - once the wind blows, everything will collapse. What does btc have to do with it?
Use as a means of payment in the domestic market between the buyer and the seller? There is no infrastructure, slow speed, lack of regulation, and so on.
Use it for B2B calculation? Same.
And you should assume volatility. You bought a pizza for 0.0003 btc which is equal to 10 bucks, and after 5 minutes it is already 15 and you just can't stop crying. Well, maybe that's enough, huh? You are talking about inflation and as an alternative to trampoline offers Russian roller coasters. Everything okay?
That is one of the flaws in OP's argument, the decentralize status of bitcoin is a big factor that every country should consider, in my opinion, it is not the volatility that is maing a break for bitcoin to become a mainstream currency but the fact that the global reserve of bitcoin is too small for the world's population. |
|
|
|
For god, why did you bring this here? Please stop you make yourself look mentally retarded.
Any left-wing economy is a defective product of the darkness that has emerged from the thoughts of a person who has never worked in his life and lived at someone else's expense.
No one owes you anything just because you exist. The employer should not hire you just because you are POOR or some "oppressed minority" - they need a person who will do well the work for which they are willing to pay. Leave all your Marxist habits for your mother when she refuses to give you pocket money - then tell her about it.
Damn, that is one hell of a word dude. Marxist principle does not work really well in execution because of the people that are in charge vying to have a control over it. In my opinion, that ideology will only will work on small scale because people will surely become tyrant once they realize that they have control over things, I do believe that it will only work if the man in power is someone as virtuous as Jesus or Buddha which means that the ideology will not work unless there is no corruption within someone who wants to lead. |
|
|
|
|
Though it looks like that in the surface, the reason that most people looked like discipline is that they are under the government's program of mass surveilance, they have the biggest number of close circuit cameras per square mile, and they are also indoctrinated with the propaganda in the state owned TV station, the problem with these is the fact that the government are doing cover ups, remember the time when they reported falsified numbers of the true cases that they have, remember Tianamen Square Massacre where they suppressed foreign media and protesters through violent force, they have a history of suppression of information and that is my reason for being skeptical about their current status because they are a repeat offender lof information suppression.
|
|
|
|
The population declines that are observable now are very small in relation to the whole population, it's usually 0.1-1%. Population is declining the fastest in the lower class, so not much value is being inherited, and it shouldn't cause a price inflation because it also lowers the demand for goods.
The lower class population are the biggest consumer and this contributes a lot in my opinion. But inflation isn't the only thing that you should be worried about, and population decline can have other negative or maybe even positive consequences (opinions of economists here can vary).
I agree that there are other factors when it comes to inflation, I think the decrease is just one of them, remember the hyperinflation of German mark after World War 1, the war reparations took a toll to the masses of Germany, and in a sense, losing a war for conquest is a big factor for inflation. |
|
|
|
I was about to call this a legislative failure, but it seems to me that it's more about the system being at fault for allowing something like this to happen.
Greece had a similar case where executives of a company made the market consider their company has an great value by claiming they had more store locations than in reality. The company (folli follie) was forced to restructure after posting inflated sales records and store locations. It took a foreign fund to send out reporters in order for this to be uncovered. Of course Greek stock exchange already didn't have a great reputation but this was yet another blow.
For Germany to have something like this happen, it shows that the current financial system is full of holes. When the entire system for the transaction of money and value is based on trust, things like this are bound to happen. What if in Wirecard's case the auditor had decided to just take a lump sum payment and continue being dishonest? Probably nobody would have found out for at least a few years. The losses could have even been blamed on something arbitrary in the end.
In my opinion, this is not solely a case of legislative failure because the people that are involved are the higher ups of that corporation meaning that this was a case of corporate greed manifesting this fools, I do not know much about corporate life but everytime people reach that level, their greed are amplified to the point that they can't be content with what they are given. The loopholes in financial institution are something that the authority could fix easily but they do not because they are using it too if they are corrupt or they use that as a trap for fraudsters who think they can get away, the solution for this loopholes is not simple because there will be policies that will contradict or support the loophole and a tiresome politics will be dragging this thing until they just put it aside which is frustrating because the problem wasn't solved with all the years of equations. |
|
|
|
the economy will surely gradually recover after Covid-19 is declared gone, new normal life can teach us a lesson to be able to always remind one another and of course there are certain limits. but of course everyone will find it difficult first because the business they are running must be restarted from the beginning. I am sure that after this pandemic, the digital era especially in payments for online transactions will be increasingly developed and applied by most countries.
The lessons that this pandemic imparted hopefully will mark the hearts of people affected, I agree that there will be new innovations that will be happening in cryptocurrency and technology in general because, the problems that we are facing is something new and many people are finding solutions, the economic will be gradual but it will come to that eventually and I hope that we will prosper after this down time. |
|
|
|
Gold become best and secure investment for the future without risk lower price, different with bitcoin and altcoin because have bigger risk when bitcoin and altcoin going down, many people like for investing with gold for long term and take much profit with bitcoin as short investment term, by the way bitcoin could up suddenly more than 100% few years only.
Natural resources that cannot be replenished will only get higher prices as far as the demand goes, in my opinion the price will only get bigger but now is not the time. These gold backed cryptocurrencies will have the advantage, the only problem with gold is that there isn't that much market that is available to the public, that is about it, in terms of security in investment, the chances of gold price plummeting is low. |
|
|
|
As for me I make use of Binance for spot trading and future trading, while ftx exchange for leverage tokens trading, for undervalue gem trading I make use of uniswap exchange, these exchanges have their special purposes for me when trading
Binance is the most recommended site for trading when I ask my friends, the thing is I am still a newbie, and I am still accumulating knowledge. Binance in my opinion is a good site if you have been trading for awhile but in my case, I am still overwhelmed by the wholed website, it seems surreal and you could get lost if you do not know much about the nooks and crannies of a website, it is my own experience so there might be some differences that may argue or comply with my experience. |
|
|
|
The effect of coronavirus on trade is really already felt.
Well, not all markets are affected, stock will be hit hard because they are physical companies that need workers while cryptocurrency is not affected, the people that are panic selling are probably regretting their decision. In general, COVID-19 does not have much influence on this market and until now, the crypto market has remained stable during this period. I think people are too scared when it comes to this disease and if there is a vaccine then the situation will become more positive. Of course, it will take a lot of time, and we are not sure anything when investing, so it is best to sit still instead of choosing to invest in this period.
Exactly, the prices are not dictated by the pandemic maybe some people that are selling needs the cash because they need to sustain their needs in this dire times, vaccine would dramatically change things permanently because we will be marked with an unforgettable lesson. I do think that this is the best time to invest because most prices are experiencing dip and I think that is an oppurtunity for many to purchase stocks or sometimes crypto at a lower price. |
|
|
|
Absolutely, you shouldn't do any trading that someone else has shared. In particular, it will be much more useful for you to do your own transactions instead of copying the processes shared by social media phenomena. I would also like to say that I recommend you to watch the training videos or read the training articles of investors, trainers and individuals who are really knowledgeable, although doing your own trades rather than doing other trades is better for you. So, watching the training series of really knowledgeable people will not do you any harm, but copying the processes shared by unconscious people will not only harm you. Therefore, always be open to development and benefit from the experience of others, but when you trade, create your own path instead of acting according to the transactions of others.
Copytrading will only work if you are trading just as a side hustle but if you are going full time trading then you must learn what there is to learn because I do think it is much worth when you have the wits and ability to trade on your own, remember that in the end, you are the only one who will make the decision and you will be the only one who will be affected by that decision be it beneficial or not. |
|
|
|
There are many ways to learn Technical Analysis for crypto, the easiest way to use the Google search engine. Can also learn from social media,
now many groups have opened Technical Analysis training. Can also learn from the YouTube platform, or can also follow a seminar on cryptocurrency.
If you have a cryptocurrency community, you can start learning from there. Just choose one that is comfortable for you.
You could also use trading itself in my opinion because when real money is involved all the analysis will be applied and you will not be half-assed about it because you will experience real loss, you might want to be sure what you are doing because this involves real money, the risk is high but the reward is bigger because you eventually learn along the way and if you are a lucky newbie then you might also earn along the way. |
|
|
|
being successful in cryptocurrency trading is not easy...
the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.
The answer in my opinion is fairly subjective because people have different experiences and in a sense their decisions and how they succeed differs too. For all aspiring traders including me, patience is the biggest thing and always learn new things, success is not a race and we all have our moments and breakthrough, just do what you do efficiently and reward will come in time. |
|
|
|
3300 euros is not enough, that obtaining a license and building in Estonia to start work is not expensive, I do not think that a company that wants to start seriously in the activity of encryption does not contain more than 1 bitcoin as founding liquidity.
Are there any legal documents, more restrictions, or just an increase in taxes?
This is a good thing in my opinion, because this will be a good measure to prevent illicit activities, the bureaucracy does have its benefit sometimes. I do not know much about documents though but if I were to deduce there will be more documentations as expected of prolonged registration, I am pretty sure that it will come with more follow-ups. |
|
|
|
It appalls me that some people are literally paid from the public's coffers just to propose bills with lots of inconsistencies such as this one. If they are allowing the ownership of bitcoin and cryptocurrencies with the bill but not using it, what do they expect the people would do to it? With what they are currently suggesting, underground economies would surely flourish and a lot of people will disobey the bill as it does not, in the slightest, thought of the welfare of the public.
I guess it will take years before Russia gets some form of progress with cryptocurrencies. They are taking a step forward and 10 steps backward with these kinds of stuff, really.
This process in the legality of bitcoin in Russia is just a delaying tactic to prevent further advancements of cryptocurrency, this kind of feels sad because they can't find a stance with regards to bitcoin, the people are the one that is caught in the crossfire of this anti and pro legislation, I hope they meet a compromise so that they can move on. |
|
|
|
Every crypto hodlers knew that any price increase is synonymous to making more profits thus a reason to be happy at that moment of course some trader might decide to take some profits while waiting for the price to dump again creating another opportunity to buy again this is done consistently and repeatedly while that is the beauty in trading cryptos compared to forex or commodities trading because of its price volatility prompts constant price increase and profit making.
It is part our psyche that we feel happiness when we do something that benefits us, in my opinion this is kind of hilarious because this is a common sense, the reason we are happy is the same reason as to what we feel when we eat, we see something taste good therefore signaling a pleasure signal in the body. |
|
|
|
From what I read it's pretty clear to me that those people simply don't want to pay their taxes.
The IRS tells them "hey,you have cryptocurrencies worth millions of dollars,sell your crypto and pay your taxes without intallments!",but those people are just "nah,we can't sell our crypto,we wanna pay in a 6-year time frame".This is just plain stupid to me.I assume that the IRS will try to confiscate a large portion of their crytpocurrency investments.
Trying to hide your wealth from taxes by investing in cryptocurrencies isn't that easy.
The problem that they are facing could have been avoidable if they paid their taxes properly in the first place, the problem with IRS and other agencies that are handling taxes is that they can drain someone of their entire funds just by dragging the process for too long, that is how bureaucracy works, the paperworks are going to kill you when in the end you could have paid it. Authority is very hard on people avoiding taxes. Now they have to spend their crypto investments to pay for their mistakes which is kind of a bummer. |
|
|
|
Well it depends on what they use it for I guess. I am more concered about super computers in general like when a computer is smarter then all the human brains in the world combined we are screwed! we will end up living in a terminator world someday
How can one develop a supercomputer if one doesn't have a superbrain? There is no need to be concern at this point and I believe whoever has that much brain, they will not risk human race. They will indeed make sure that it is developed for our interest or they won't develop at all. [/quote] The usage of quantum computer are not for public use yet, and the companies that are using building their quantum computer are only on its test phase, like Google for faster webcrawling algorithm and whatnot, the public usage of quantum computer is still a long way because as I said before they are still on the test phase and even if they have it already, they will use it probably for complex equations such as precise landing for space exploration and such, the quantum computing does not pose a threat in my opinion because we are reaching a plateau in computing speed and quantum computing will be the solution. |
|
|
|
|
Show Posts
