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4121  Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto? on: September 26, 2020, 03:05:51 PM
I think it was pretty simple and obvious that criminals find it less hassle and pressure to work on doing criminal activities using fiat for they are more familiar with it compared to cryptocurrency that they are still in need to learn and understand about it. Using fiat is already the way they have used to be before the existence of crypto and they have already lots of ways to get out of trouble using fiat compared to crypto that they might get caught if they were not familiar on how they will execute illegal activities through it. The way those criminal people do not understand fully crypto makes it enough reason why they still prefer to use fiat rather than crypto.
4122  Economy / Economics / Re: IMPACTS OF ROBOTICS ON WORLD ECONOMY on: September 26, 2020, 02:05:34 PM
Impacts of robotics on the world economy can be seen to have both advantages and disadvantages in a long run. Automation do really makes more productivity compared to manual work for it takes lesser time and a lot more accuracy and efficiency working with robots compared to human manual works that encounters human related errors due to factors related to experience, age and other stuff that affects their working capacity to job unlike with robots that are programmed to do specific tasks that are most likely a lot more impressive considering the time and the product of work they produce, which is all in all a favorable advantage for the existence of robotics into the world economy for it creates seamlessly fast productions which is good for the economy. While on the other hand which is the disadvantage that humans are being replaced for the works are already can be done by robots with a lot more efficiency and productivity which can be a reason out why there could be a possibility of an increase rate on unemployed individuals because of this.
4123  Bitcoin / Bitcoin Discussion / Re: When we think that crypto is being used by criminals to move tons of money on: September 22, 2020, 10:45:18 PM
Illegal activities such as money laundering and fraud are most likely prevalent to come over fiat rather than crypto for those law abiders are having an easy access and already familiar on how they can get out after doing such crimes. The problem is that people do not get it that criminal activities are more into fiat and not on Bitcoin and any other crypto for they find it much more complicated doing their activities into it. People's mindset that because crypto is providing a seamless fast transaction in any part of the world is more illegal activities might get tolerated and make use of the advantage that crypto can provide.

Many people do not do research properly, and listen to the government and banks say that Bitcoin is widely used by criminals
for illegal activities. In fact, there are many cases of money laundering done by banks, and the number is more than the amount
that happened to Bitcoin. Even sadder the Bank is making bad news regarding the fraud taking place using Bitcoin, to cover up
the fact that there is more fraud using fiat through banks. That's why I trust Bitcoin more than banks.

This became also an issue that banks are more likely giving people a bad impression about Bitcoin blaming about criminalities when at the first place those activities takes place on the bank itself. They cannot admit that such activities exist mostly on their part and not on crypto.
4124  Bitcoin / Bitcoin Discussion / Re: The Bitcoin society on: September 22, 2020, 08:02:05 PM
The reality speaks it all that in this world that we are living, people will have different says about a certain thing for they have different perspective with regards to such thing's existence. Sometimes criticism coming from people makes it a point to come into improvement which is a good thing for different perspective is seeing the flaws or imperfection that others do not see and to those who see correctness about that certain thing makes other people see what they are really missing out with it. It is normal that people might accept Bitcoin as it is and might not for the same reasoning. We all do respect that for satisfaction depends upon the way people perceive certain thing on their on point of view and not just because other people tells them to do so. It is also normal for a certain thing like Bitcoin to have its own flaws to prove that nothing in this world is created to become perfect. Now acceptance and adaption of using it certainly depends now on the individual himself.
4125  Bitcoin / Bitcoin Discussion / Re: My 0.1 BTC Journey on: September 22, 2020, 07:31:57 PM
I started my journey of gathering btc in Dec 2019, with aim to accumulate 0.1 BTC. After 6 months I managed to accumlate 0.1 BTC. My original intention was to stop accumulation as soon as I have 0.1 btc but now I think I should go for 1 btc.
My suggestion to everyone out there is to invest as much as you can in bitcoin. Since we are in very uncertain situatoon and Bitcoin may be our new savior.  

Certainly and more likely, that would really be the case. Acquire Bitcoin as much as you can afford but do not put up all that you have in your sleeves all with Bitcoin alone. Better diversify your investments to accumulate all potential possibilities of grabbing opportunities that other crypto can do also provide. With regards to the concern of acquiring Bitcoin as much as you can, that would be a great thing to do for you must take into consideration grabbing all the Bitcoins you can attain for as long as you can afford to have it. Accumulation must not stop at one point after you have already accomplished getting into your goal. Instead of doing such, better break into another set of goal to seek improvement and see greater opportunities that you can still work on acquiring more but that idealization must not be just applied to Bitcoin only but also with other potential crypto you can afford to acquire which seems to be like embracing opportunities and grabbing them all into your hand but still into moderation not give out all that you have.
4126  Economy / Economics / Re: Uk covid update on: September 22, 2020, 06:53:09 PM
I guess the UK government is trying everything possible not to be caught in a more serious situation as they are planning more closure of the economy because if you limit interaction of people, buying and exchange that could grow the economy will reduce too. But I hope it works and for their economy to come back.

Well I guess the UK government is really doing their best to come up into a greater solution that will take up resolving both the problems they do have when it comes to the health concern and at the same time with their economic concern balancing how they would come up resolving the issue of numerous cases of infected to be controlled by still pushing through the recovery of their economy by not putting aside any of the two so no one would be compromised. Dealing with such hard decision is really a tough one for if they put UK into another lockdown, the economy will surely be massively affected, if not, the health of the people will get compromised which is also another concern that once got worst, can still affect the economy severely.
4127  Economy / Economics / Re: Internet shutdowns by governments are bad for corporate marketing on: September 22, 2020, 03:04:28 PM
Since people are practically being reliant on the usage and availability of internet, loss of connection from telecommunications companies, internet providers is such a great hassle for the people whether ordinary or those working in the corporate world. Not just business people and companies are being affected with loss of connectivity provided by internet but also students and remote workers that are working at home specially at times like this that almost everything are now being reliant or dependent on digitalization which uses modern technology gadgets and are gaining access for different source of transactions using internet.

Here in my country, the problem with telecommunications and internet providers are having an expensive service fee for the internet connectivity but the service is such a slow and pale which most of the time fails to connect or at times getting disconnected while you were at the middle of your stuffs. But such thing of the government shutting down a telecommunications company or internet service provider have not happened and surely would be impossible for it will cause commotion.
4128  Economy / Economics / Re: UK planning sliding window lockdown methadology on: September 22, 2020, 02:33:02 PM
This was starting with England but it light be rolled out across the 4 nations as an idea.

Instead of having a full nationwide lockdown, the government seems to intend on locking down certain regions, locking down their southern neighbours and then opening them back up again.

Currently the former cumbric country has been on lockdown (Yorkshire and Lancashire (Inc Manchester) ). I don't know how much this'll achieve (and it seems more foolish than just closing the borders) but I assume it'll at least mean someone's hospital has capacity (whoever has been in lockdown for a while) ?

The title is based off the "sliding window" methadology if you were curious, look it up!

Actually this kind of lockdown methodology was already been implemented here in our country for a certain part of country was just severely affected by the inflation rate of infected case making the lockdown being implemented into this certain region of our country. By this methodology, other regions with low recorded cases or zero recorded cases at all will be still on normal run so the economy will not experience a total stoppage for certain parts are still being productive to work on the economic recovery because on such way, we are targeting two birds on one stone concerning the management on health concern to control the increase of infection rate and at the same time working on with our economy.
4129  Economy / Economics / Re: Sales of wedding rings are increasing on: September 22, 2020, 09:34:25 AM
This pandemic have tested how tough relationships are whether you were just a normal dating couple,  a couple in a relationship or a married couple already for a short or long time already. There are cases that this pandemic have tighten relationships because people tend to bond more compared to normal days that they not tend to see each other due to busy stuffs related to work. But on the other hand, there are cases that because of boredom and stress, women and children abuse have become more prevalent for they tend to stay more and observe every actions of their partner.

For those couple who have already good relationship and wanted to even tighten their bond, maybe they are the ones making up the big number related to the increase on the sales of the wedding rings in the market. Here in my country, I did not see that coming for people are starving and just wanted simple and decent wedding even without a ring so the concern to buy wedding rings are not observable here. Good to know that on other places maybe couples are tightening their bond with engagement or wedding rings already.
4130  Economy / Economics / Re: Boris is right a second lockdown could cripple UK economy. on: September 22, 2020, 06:42:32 AM
Implementing another set of lockdown would really make any country's economy to cripple for what they currently left would be in danger to put into stake. Yes the economy is very important to think but if you will just let the cases to grow for not implementing any lockdown to give way for testing and push people so hard to just stay indoors, the economy would possible to suffer even more for lots of people can potentially be infected. Here in our country, we did not do a nationwide lockdown for the second time, just for the local government state to directly control and take action on the spot where most infected cases are recorded so other places not in range can still go on and continue their lives. UK must work on with their economy but at the same time must consider putting strict attention on controlling the cases by putting up a very strict lockdown protocol on those large cases infected areas only so other can still work on managing to recover the economy because if they will just consider economy and set aside the health of the people, UK's economy will get even worst than what they are experiencing right now. They must put into balance working on with economy and health both at the same time.
4131  Economy / Economics / Re: world economy usa will be first country tunr back to normal huge bull run world on: September 21, 2020, 10:56:44 PM
How could it be possible that the country of USA will be the first one to get back to normal and make a huge bull run on the world when at the current situation, they are still struggling to take control of the inflation rate of their infected cases of covid-19 patients and their economy is still struggling due to lots of unemployed people added by the fact that they are still working on stimulus to support their people. The pandemic and other scenarios are currently happening within US so how come? Also, on the news, there are already countries who have claimed to be zero cases and turned back already to normal so basically US is not already the first on that. May you at least provide your resources whenever you are trying to share some information to make it decent and reliable? So that it won't be always like an opposing force always on contrary of your claims because those seems like predictions to us for you have futuristic claims without any sources where you have read or known those information. It would be a handy if you care to share so we will all be informed.
4132  Bitcoin / Bitcoin Discussion / Re: New breed of bitcoin investors? on: September 21, 2020, 09:24:09 PM
It honestly doesn't improve my confidence for even the slightest.

Various people can claim that they will be holding their bitcoin for whatever amount of years and such, but then when the price drops enough to the point that it scared their asses off? They dump, saying that bitcoin is dead, or to "buy back lower".

I think it's better to look at how the bitcoin "bulls" acted in the last crash after the bull run, than listen to what they say.

I agree. Many people even newbies can claim that they will be willing and have a tough mind and soul to remain still into holding into their Bitcoin investments up until the very end of time but those were just boastful and confident claims with no pure proven results because once they see that the market is facing a struggle they cannot get into their butt hurt and they are tend to pull out their investments to try to save their money from the suffering. Actions literally speaks louder than words. Instead of claiming, better just do it and show it on how tough you really are for newbies haven't seen the critical points that can possible to happen unlike the long time investors who have already been here since then.
4133  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATMs Surge As There Are Now Over 10,000 Bitcoin ATMs Worldwide on: September 21, 2020, 08:53:20 PM
I think this was already the 4th time I have read this thread related or with the same thought on this over this forum which is just fine since there goes an update among the early threads that have been created about Bitcoin ATMs. But even if the numbers of Bitcoin ATMs continuously arise but still most of it are dominantly situated or located in US, we cannot practically say that we are massively adapting into Bitcoin engagement and usage because if you will compare the number of Bitcoin ATMs that can be found on US to the others located on other countries, it is strongly incomparable for there are only minimal Bitcoin ATMs that can be found on other places. The massive part of those big numbers are entirely on US only. I am still looking forward that soon enough once Bitcoin is accepted and legalized on other countries, there would be also availability of Bitcoin ATMs on other places not just on US dominantly.
4134  Economy / Economics / Re: Possible Patterns of Recovery on: September 21, 2020, 08:22:14 PM
Seeing such graphical representation of economic recovery after recession brought by the pandemic makes me see and realized that among those graphs, W shape curve would seems to be problematic to be stated as a flow of recovery for the flaws that can be seen after an upline stroke there goes downline which shows that the recovery does not take place on a stabilized manner compared to other flow curve striking upwards to flat line stroke. Those are for observable analysis done by a glance to gain a simple interpretation on how certain recovery takes place.


Technically, different parts of countries recover at different speeds e.g. cities, providences and states, which implies a K-shape graph. But to keep things simple I'll mention that most countries are right now are experiencing W-shape recoveries. The pandemic isn't over yet, so any attempt to reboot their economies will have limited success and will fall back to square one if/when people get infected by contact again. After the pandemic is a different story, because it's still too early to forcast when it will end.


This is certainly true and agreeable for me. The strike points that a W shape curve will be a prominent representation on how economic statuses of different countries can be shown amid this pandemic for there are still lots of negative effects that this pandemic is continuously giving out which makes the recovery unstable striking up and down. The pattern recovery might be taken to shape curves V, U and L once the pandemic is already done once the vaccine to end this pandemic has been successfully discovered.
4135  Alternate cryptocurrencies / Altcoin Discussion / Re: What is Transparent in it if team behind the coin is anonymous on: September 19, 2020, 12:50:47 PM
Engaging into a project with anonymous team profile is really risky at times like this for you cannot pin point nor chase anyone once the project they have introduced come into failure or discovered or revealed to be a scam one. This is one of the scheme or strategy those individuals are using to lure other people which makes it really risky. But having a real identified profile of the team does not also secure that you are on the safe project for it might be a stolen identity from a reputable individual so thorough research is still a must have before doing any engagement. Building trust from the team developer towards its investors must be properly be taken in place for people are now being wise not to trust any project with team taking cover of their real identity stating they wanted to protect their identities and serve to respect their personal boundaries or their private life. But if you do really want to deal with people and gain their interest, you must do whatever it takes to make them feel secure on stating your identity if you are really having a clear conscience on running a clean and safe project for everyone. I am not saying anonymous team are always creating scam projects but for the record, most fail and scam projects come from those kind of team developers.
4136  Economy / Economics / Re: Our chance to reset on: September 19, 2020, 10:04:12 AM
I see no blessing in disguise to be treated upon this current situation we are all up to. The concept of that blessing in disguise is just purely throughout an optimistic mindset which not everyone can attain for we are all barely affected by this pandemic. But at some point the OP was right that this pandemic have shown us the weak points that our society must assess after this pandemic have been wiped out already. Each and every nation must improve the health sectors to prevent another devastating event like this to happen that will brought out another crisis to arise.

Being optimistic at times like this would be a great help but only for the mind and it cannot help you to barely survive the situation if you won't act right and just rely and be dependent on what the government can provide. With the implementation of the new normal setup, may the people be disciplined enough to follow the strict protocols while hitting two birds in one stone which is reviving the economy slowly, while taking down the infection rate into control because of the health protocols that must be observed on work places.
4137  Economy / Economics / Re: Your eyes can help your economy, please protect it for your good. on: September 19, 2020, 09:03:26 AM
Well, that was pretty true that our eyes is our main organ being used in the field of work we are all doing. The assessment, analysis and other related stuffs are being seen and processed by our eyes before we can conduct further analysation on what we supposed to do on our trades and investments. But of course all our organs are essential so not just our eyes must be the one to be protected with but our whole body as well for different body parts or organs coordinately working to successfully finish the job based on our desire. Yes, work is important but we must consider having full concern on our own health too for it makes no sense to earn a lot if you would be just sick and make use of all your earnings to pay for your hospitalization.
4138  Economy / Trading Discussion / Re: Don't trade if you're inexperience rather stake your coins. on: September 19, 2020, 08:14:32 AM
Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

It is unlikely that inexperience traders are not born to do trade. It is just that they need first to be educated on stuffs related on trading before having the guts to do great engagement such as trading. Trading cryptocurrencies are meant for everyone it is just that it is not meant for a while for those inexperienced traders for they are capable to just gamble their coins and money of course into unsure engagements. Better just do educate yourself first to avoid engaging into undesirable decisions that might just put you into regrets. Do not bother to even try trading while you haven't earning any tough knowledge about such and you do not have any experience on doing tradings. Secure yourself first that you know what you are doing before you call yourself into the proper engagement so you won't be wasting your time and effort trying to figure things out while you are an inexperienced trader. Good traders for me are not really born, they are trained and mastering whatever it takes to be a good trader. Inexperienced traders can gain experience like most of us do the first time we have got in here. If we did it, so they can to. It will just take time but sure they can do trade on their own too.
4139  Bitcoin / Bitcoin Discussion / Re: Should bitcoin be introduced into the educational sectors on: September 19, 2020, 07:33:17 AM
I think it would really be necessary and essential to include and introduce Bitcoin as well as the block chain technology into the educational sectors to educate young minds about the existence of such. It is essential be done of course we are already facing into the fast pace of continuous improvement in modern technology where specifically crypto currency is located and can be accessed. As young minds are learning to effectively use modern technology, then they must better know about the essential things that technology have provided which is Bitcoin and the whole block chain technology. This would make a clear appearance of a bright future that a knowledgeable individuals who know how to effectively use block chain technology would arise once this was done on educational institutions.

Maybe as for now only those nations who widely accepted and adapted crypto can do such thing but for those who are still not, high hopes that soon as time goes by, there could be a possibility that it would make happen to educate young individuals to better know about Bitcoin and block chain technology.
4140  Economy / Speculation / Re: COVID-19 Vaccine Will Cause Bitcoin Crash on: September 19, 2020, 06:52:30 AM
We are still even clueless of what will be the effect of the discovery of the covid-19 vaccine for the first place, up to this moment there are still held clinical trials across different nation so there is still no proven vaccine among those discovered vaccine up to this point of time. We are still not sure that the presence of the vaccine would do a crash on Bitcoin for the modern technology now become a part of people daily life basis and ordinary people have already treated crypto market to be their safe haven for the fact that on the current situation, the devastating damage was directly on the stock market so for sure that while there is no assurance for the cure of proven vaccine to end up the pandemic, people will still remain into the side of their investment into Bitcoin and they will get used to it for quite some time since it has been already a couple of months that the stock market is struggling. It would still take time for the discovery of the vaccine so it is not our concern for now and for sure people would take into consideration keeping their investments in Bitcoin for they have already testified the importance of engagement into crypto market now that the stock marker is seriously affected by this pandemic. They would surely keep an assurance to have both investments on stock and crypto market so that they have something up to if ever another crisis like this would happen.
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