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4881  Economy / Economics / Re: A glimpse at Japan's economic relationship with China. on: February 02, 2020, 07:11:21 AM
China is said to be Japan's second-largest export destination. It has also been said that Chinese are 30% of what makes up the tourists in Japan. Cancellation of trips incoming and outgoing to China certainly affects its economy, that's why I am under the impression that Tokyo Stocks Exchange (Tosho) will drop even further. The 5-day index shows a 1.48% drop as we speak.

Having said that, we might expect them to look bullish on $BTC until they figure out where else to put the money withdrawn from Tosho. Therefore, I am not buying $BTC at the moment - instead would definitely wait for the dip. CAVEAT.

Interesting theory,but I don't see any panic in the Tokyo Stocks Exchange or any increase of buyer's interest towards Bitcoin,coming from people in Japan.Perhaps they have other options to secure their funds,except BTC.Maybe government bonds and gold.Maybe most of the traders will not withdraw any funds from the Tosho,because they are confident about the corona virus crisis coming to an end soon.
4882  Bitcoin / Bitcoin Discussion / Re: Why not we donate some Bitcoin for corona virus? on: February 02, 2020, 06:52:11 AM
Do you really think that China needs MONEY(it doesn't matter if it's crypto or fiat),in order to fight the corona virus?The Chinese government has enough resources to fight the virus,donations are not needed.All China needs right now is a working vaccine against the virus.All the pharmaceutical and medical experts in the world  have to unite forces and create that vaccine.They don't need any money.
4883  Bitcoin / Bitcoin Discussion / Re: What has bitcoin done for you? on: February 02, 2020, 06:38:12 AM
The question "what has bitcoin done for you?" seems wrong for me.Bitcoin is just a tool,I consider bitcoin to be an opportunity that we can take advantage of(if we put enough effort and time into learning and earning).Most of my online income ever since 2016 came in the form of BTC,so I can say that,in one way or another,bitcoin saved my life and helped me escape poverty.
4884  Bitcoin / Bitcoin Discussion / Re: Cyber Criminals are now exploiting the name of hacker group Anonymous on: February 01, 2020, 01:05:57 PM
I don't know if those hackers are the real "Anonymous" or some imposters.It's really hard to find out.
What does "exploiting vulnerable crypto markets" mean?What makes a crypto market vulnerable?I guess the article author means crypto exchange platforms with security vulnerabilities.
Nowadays everyone with a brain will not trust such "promises that make everyone rich".
4885  Bitcoin / Bitcoin Discussion / Re: How Blind Person Access Bitcoin? on: February 01, 2020, 12:46:53 PM
I read the article, how a person of disabilities especially blind person can access Bitcoin. https://coolblindtech.com/developer-making-the-first-bitcoin-wallet-for-the-blind/. Are there any wallets like electrum, ledger or Bitcoin core can access by blind people?. And I am searched about Bitcoin Bitcoin Whitepaper in Braille project, but still not continue or I am missing something?, let's me know, I want to help my friend.


Why would a blind person use bitcoin?To buy something?To invest?To trade cryptocurrencies?To gamble,which is impossible,because online crypto casinos and crypto exchange platforms aren't user-friendly,when it comes to blind people.This topic is quite interesting,but I don't see any benefit that bitcoin could possibly bring for the blind people.I've never heard about Icywallet and I don't trust such wallets.Use with caution.
4886  Economy / Economics / Re: On market capitalization (again) on: February 01, 2020, 07:35:31 AM
Market capitalization can be partially useful only,if we use it to measure the value of a company,not a market or an asset. Bitcoin is NOT a company.
The value of a company can be boosted using loans and leverage,so the market cap of the company's stocks can be overvalued.Nevertheless,measuring market cap is completely useless,it's like measuring the amount thin air inside a room.
4887  Bitcoin / Bitcoin Discussion / Re: British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout on: February 01, 2020, 07:01:53 AM
Some hackers can be dumb.Not using multiple wallets and addresses,not using bitcoin mixers,not dividing a large sum and depositing it into multiple crypto exchange accounts(with different IPs,emails and other data).
This is good news.Every ransomware hacker worldwide has to be punished and his identity has to be revealed.I'm sick and tired of all the "bitcoin-ransomware" FUD that gets spread every day.
4888  Bitcoin / Bitcoin Discussion / Re: Change mainstream media's perception on "Bitcoin being used by thieves" on: February 01, 2020, 06:39:47 AM
I keep seeing the news that "Bitcoin is used for drugs", "Bitcoin is primarily used by thieves" pretty much every other day. The well informed people know that it isnt true but the mainstream media's perception stays the same. How do we change it and can we?

We can't.Bitcoin is really used by the criminals.Fiat is used by the criminals as well,but nobody is talking about it.Only simple minded people care about the mainstream media nowadays.What you call "mainstream media" is just a propaganda machine that serves the rich and powerful elite.Just ignore all the news about bitcoin and move on.This topic has been discussed 100 times here.It's pointless to continue with the same questions.
4889  Bitcoin / Bitcoin Discussion / Re: Is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? on: January 31, 2020, 01:17:44 PM
After holding the meeting a few days ago, the guys we talked to have been on our nerves. We aren't surprised tho cause we saw it coming. They come with different questions at different tines, phone calls and all, and there's no way we would refuse to continue tutoring them. It's not like I don't have the time but.... Something like this, isn't it worth being paid for? I mean, we informed them for free, and we gained nothing (just went back to our houses) and even after then, they still come with different challenges.
Some of them who were there when we announced the meeting  date, they didn't come but still come back individually to request explanations. So I ask, is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? Cause we've gotten nothing for as long as we've worked.

Well,never share your phone number with many people.That's my first rule. Grin
Second rule-If you wanna tutor those people without having to talk with them,just write everything you have to share in one ebook and share that ebook for free.You can include a "frequently asked questions"(FAQ) chapter in the ebook.
There's nothing wrong to charge a fee for your seminars,but your audience will be way less than before.
4890  Bitcoin / Bitcoin Discussion / Re: First Time Bitcoin Buyers on Square Have Doubled Since Last Year on: January 31, 2020, 12:48:23 PM
Cash App looks very promising.Paypal gets worse every year,with their constantly increasing fees and incredibly weird policies.If you are a business owner accepting payments via Paypal,they basically own your money and you are their slave.It's good to know that PayPal's competitors like Square gain recognition and try to expand into the crypto world by accepting Bitcoin.
4891  Economy / Economics / Re: Dow Jones Price Drop & The Corona Virus? on: January 31, 2020, 07:53:16 AM
Seemingly the latest news of the sudden Dow Jones price drop saga is aimed at "The Corona Virus". A little known about deadly virus causing death and despair. Amazing if true, how a  virus can effect the world's economies in such a way? Is it a cover up for something else? As usual any thoughts or comments are more than welcome.

The Corona Virus will hit the Economy of China for sure,but I doubt that it might hit the US or global economy really hard.After one month,the virus will be under control and we will forget about it.
By the way,today is Brexit,I don't know if it's going to influence Dow Jones and the global markets,because it was an anticipated event,but the global markets are becoming more and more sensitive about everything that happens around the world.
4892  Other / Beginners & Help / Re: If I want to explain to a 10 years boy.what is blockchain?How should I explain? on: January 31, 2020, 07:37:19 AM
You don't have to explain that to a 10 year old boy.10 year old still don't know how bank,fiat money and taxes work.Wait for 3-4 years and then try to explain how the blockchain works.
I have a very oversimplified explanation:The blockchain is just a bunch of servers connected to each other,and every time there's a transaction between person A and person B,all those computers have to confirm the transactions using complex math tasks.Yes,it's oversimplified and kinda wrong,but a 10 year old might get it.
4893  Bitcoin / Bitcoin Discussion / Re: "Priceless" Bitcoin commerical on: January 31, 2020, 07:07:10 AM
It's time for revenge.We should create some jokes about gold.

"I didn't forget where I buried my gold.My gold forgot where it was buried!"

"I have gold,but my bank don't wants to give it to me.They forgot my password."

"I have gold,but no Mcdonalds or KFC accepts gold payments,so I'm starving to death."





4894  Economy / Economics / Re: $900K worth of counterfeit U.S. currency seized on: January 30, 2020, 01:07:06 PM
Counterfeit currency in the form of $1 bills?That's weird.
Usually the criminals print fake paper money with a way bigger value.
I expect that the Chinese secret services or the Hong Kong Mafia have something to do with this.
Hiding such big amount of paper in a rail container that's about to be inspected by the US customs,seems very amateurish move from a spy or a gangster. Undecided
4895  Economy / Exchanges / Re: Exchanges are now potentially banning btc sent to a mixing/conjoin services on: January 30, 2020, 12:45:50 PM
If crypto exchanges include such "anti-mixer" rule in their Terms of service,we have no choice but to follow this rule.With all the regulations and KYC,the crypto exchanges don't want "dirty money" in their wallets,so it's normal for them to ban transactions coming from BTC mixing services,because someone,who uses a mixer service clearly has something to hide.There's no other reason to use a Bitcoin mixer.
4896  Economy / Economics / Re: Bakkt is done? on: January 30, 2020, 07:52:50 AM
The claim that a large number of institutional investors are interested into buying Bitcoin futures was just hype and propaganda.The Bakkt hype is over and I couldn't care less about this project.
Bitcoin core is strong, with or without Bakkt.We should never rely on the mercy of a bunch of institutional investors to pump/dump the price.We already have crypto whales,which is the sad truth. Sad
Only mass adoption will liberate the bitcoin price from manipulations.
 
4897  Bitcoin / Bitcoin Discussion / Re: WHEN YOU ARE CONFUSED REFER TO BITCOIN on: January 30, 2020, 07:41:00 AM
I don't advise other people to buy anything(including cryptocurrencies).
If some people really think that bitcoin is "expensive",why don't they just buy 0.001 BTC.
There is a learning curve in crypto trading,and every trader should lose some money in order to gain knowledge and experience about the crypto markets.It's like every business,you have to lose some money,before you start making money.
4898  Bitcoin / Bitcoin Discussion / Re: The next action of Old man McAfee on: January 30, 2020, 07:06:46 AM
Damn,McAfee is actually active on Twitter,replying to comments under his tweet.This guy has a lot of free time to waste on social media.I think he's a keyboard warrior now. Grin
He might be creating his own shitty "McAffeecoin".That's why he is hating on BTC.
Be ready for his next prediction:"My own altcoin will hit 1M USD or I will eat my dick!" Grin Grin
4899  Economy / Economics / Re: New York City Stores Must Accept Cash Council Says on: January 28, 2020, 07:04:36 AM
If I understand this correctly,the City stores cannot REFUSE to accept cash,according to the Council's decision.They can still accept credit/debit cards and mobile app payments.They just don't have to right to deny cash payments.I think this is a good decision.A 100% cashless society means less freedom of choice.
I'm not a fiat supporter but the people have to choose what payment method to use.Their choice shouldn't be limited.
4900  Bitcoin / Bitcoin Discussion / Re: Bitcoin transaction dispute on: January 28, 2020, 06:46:45 AM
You need to have clear Terms of Service stating that you are not responsible,if the client sends you wrong BTC address.What if this client already received the BTC in his wallet and now he is trying to scam you by forcing you to send the same amount of BTC to his wallet again.
By the way,may I ask what is your business?What product or service are you providing?
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