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5201  Economy / Speculation / Re: BTC - What next? on: October 08, 2020, 01:19:45 PM


From your chart there. I see a good spike candle that by analysis and all being progressive and good, that can be a bull forming gradually.
And with the area, what next is a positive hodl .
I don't expect much panic sell with the second visit of covid-19.

The price is now at $10,745 and still showing $11,000 on sight.
5202  Other / Politics & Society / Election and not Generation on: October 07, 2020, 02:50:24 PM
This is the most striking difference between the less developed countries and the developed countries. The less developed government, when they ascend power usually focus on how to succeed themselves as soon as they get in there. This is why they won't do or create long lasting policies. They don't build long lasting projects, they rather do projects that will easily fade off like roads because they will still be there to reaward those contracts. Those reawards of projects certainly don't fly without having percentage bargained with the contractors (who are friends or relatives for their dirty business to be kept secret) to be remitted into their personal account. Since they keep themselves in government for their next tenure, that is the practice and when they can't recontested from the tenure stipulation from the constitution, they would do everything to rig the election and install someone that will be loyal to them and as a stodge and remit percentage of monthly allocation to them and contracts too.

How do such system grow in good things of life?
How would the legal system work this way when the incumbent government still pays allegence to outcome government?
How do the incumbent government get projects executed when 70% of the projects awarded are handled by outcome government still finding theirselves in the corridor of power?
How will such system work when rigging of election is the order.
How will the system work when "Godfatherism" is high against people's wish.

The developed countries are progressive and this is why they focus more on the next generation. They conduct election to produce the best candidate that will better the life's of children unborn.

The major difference is
Person and no institution: The less developed countries rely on person for governance. The president is usually seen as very powerful and overrides every other power both legislature and judiciary because of the way the system works. In Africa for example, the President controls every force arm against the checks and balances that is suppose to balance the system. One of the factors that makes that possible is that the President has the power of appointment (including armed forces, Anthony General and other very important offices in the country) and just for the confirmation of the the legislation. Where his appointment is turned down, he can reappoint and remember it is a system that allows lobbying.

Structure and institution: This is not same here. Structure and institutions are fortified so that no government can manipulate the system, policies without facing the law. This is a progressive system and a big difference.
5203  Economy / Services / Re: [OPEN] Bitamp Signature Campaign | Full Member & Hero/Legendary - $25-$50/Week on: October 07, 2020, 12:46:30 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=986108
Current amount of posts (including this one): 1976
How much merit have you earned in the last 120 days: 70
SegWit BTC Address for Payouts: bc1q7js2ze9hf8e4yadtcfee8f0vdfk25n2t2g0ruj
5204  Economy / Speculation / Re: Small dip in BTC price after Trump stimulus tweet on: October 06, 2020, 10:35:37 PM
Trump is such as an irresponsible guy, at least that's one way to describe him. The stuff he blurbs out and what he does are so immature, so unlike a leader and what frustrating most of all is that his reckless actions have all these other domino-effects on the rest of the economy. This comes in shape of both the traditional stocks and shares market and now as crypto as well.


The country known to be the most powerful in the world is US and her President is also known as the most powerful in the world. Then w need to know that his speech or action is also powerful. Meanwhile, Trump is not the only American President that has caused certain changes because of making tweets. Obama also caused the forex market to tumble by making little tweets.
5205  Economy / Speculation / Re: COVID-19 Vaccine Will Cause Bitcoin Crash on: October 06, 2020, 09:06:00 PM
many people think when the covid 19 pandemic the price of bitcoin goes up and when there is a covid19 vaccine the price of bitcoin will go down, I am sure bitcoin will not follow this pandemic Bitcoin may be a little affected by this pandemic but it will not become Bitcoin damaged.

Likewise too, I don't see the relationship with covid-19 vaccine and to the price of bitcoin. I can see relationship with covid-19 palliatives because people can have extra money from government palliative given to them to invest but not vaccine. Therefore, I don't expect any impact should be made because of availability of vaccine.
5206  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency for Trading on: October 06, 2020, 07:44:48 PM

but not a thing we think this for a lifetime course. We need to find a secure investment.

Cryptocurrency can also be for lifetime investment. Investing in crypto is not only just hodling it but if someone has no job and wants to build investment in cryptocurrency, you can learn other aspect too like by trading. Trading can give daily returns that can support the family while having some coins as longtime investment. Some people do stock and shares businesses and are living with it.
5207  Economy / Services / Re: [OPEN] Bitamp Signature Campaign | Full Member & Hero/Legendary - $25-$50/Week on: October 06, 2020, 07:20:50 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=986108
Current amount of posts (including this one): 1976
How much merit have you earned in the last 120 days: 70
SegWit BTC Address for Payouts: bc1q7js2ze9hf8e4yadtcfee8f0vdfk25n2t2g0ruj

Will update signature and avatar.
5208  Economy / Trading Discussion / Re: trade & investment is getting harder and harder. on: October 06, 2020, 02:37:44 PM
what I am experiencing right now is that it is difficult for me to obtain profits from investments and trade that I do, & is there someone here who has more effective ways for me to be able to improve my trade and investment so that I can get a profit of course, not vice versa I get is continuous loss.

Well, trading from the very start is not that easy were you supposed to be aware of that.
And the more failures We encounter in the actual trading platform, is the more lesson We gain from it,
isn't it right? Because, through my experienced in trading after 3 years doing it, I just fully understand
how to apply TA and Timing when you do trade anyway.

Trading cant really be learn up on a short span of time and this is where some people do lost its track when they are trying to fasten things up without even realizing that
their expectations would really be different in reality and all of us would really experience lots of losses before we do able to learn and thats how things work.
Investment isnt simple yet we know that risk is always accompanied on it but somehow this thing can be handled out with experience and knowledge that can be attained
in a short time.Its not getting harder and harder, it just really need time.
Traders should not be stagnant when it comes to studying the market because trading is a process of learning and there are always market changes that is why we should prepare on that. For those who keep losing in trading, maybe the market is not the reason on why it is happening. Lack of planning, incomplete strategy and bad mentality are the main factors why we lose. Focus on improving our skills and we should always have plan if we want to execute our trades.
Some traders don't study the market very before trading, which is part of the learning process, not diversifing their study, market sentiment can change at any time, there are times when prices are ranging thus there is no definite direction i.e price not bullish or bearish at this point trading might be very difficult to make a decent profit, a wise trader will stay away for a while until the market begins to trend that is when to enter it at an appropriate entry zone to have a decent risk to reward ratio.
Setting up a good trading strategy and money management are of some the necessary skills to be considered in trading, of course their no holy grail in trading losses are bound to happen however a good MM will give room for profit in a long run.

You guys are quite right with this. Trading is about learning, development of strategy and then watching trend. A ranging market is difficult to trade just as you said. Again money management is good to succeed in trading. You risk your account, you go out quickly. Is about patient to succeed in life in general.
5209  Alternate cryptocurrencies / Altcoin Discussion / Re: Finally!! McAfee is arrested in Spain and now facing extradition on: October 06, 2020, 01:34:51 PM

I understand but, it does feel good to finally see him pay for his actions. I lost a good chunk of money with his endorsed projects first with SETHER, and then with another project don't even remember the name lol.

I think the second could be GHOST or you mean ESH. He dumped his hodling and made the coin crash and people who bought because of him lost hugely. But ghost is coming back, around $0.40.

Anyway, I think that his arrest won't be good for his person and not that it will affect cryptocurrency at large.
5210  Economy / Economics / Re: The only thing goes up is debts! It’s inevitable! on: October 06, 2020, 01:06:55 PM

What’s even good compare to 2008??? No lock down in 2008.

Don't expect things and the economy to be just the way it was back 50years ago Grin
At least, this is the first time I have witnessed a global lockdown, what about you ?
Covid-19 was never in 2008. And covid-19 is a heavy challenge to world economy. It is bigger than the recession a single country suffer because it is a general lockdown. So it affects the economy, just few countries are surviving the hard effect now.
5211  Economy / Economics / Re: I lost my job, how about you guys? on: October 06, 2020, 12:31:26 PM
Everything is unstable as long as there is a pandemic. Businesses halted operations due to supply problems. Supplies for a specific business takes too long to arrive beacuse of the tight security and of course shipment crews needs to be quarantined everytime they cross borders. That is why small businesses are affected and we workers as well. I know the only thing that will help me survive this crisis is cryptocurrency that is why I am active here again because fiat had failed me.

What is your story with fiat and cryptocurrency during pandemic? This is again the battle of centralized and decentralized assets and activity in the middle of a crisis. In your own experiences and opinion which of the two will win?

I see your post as a lesson for you and others who would be reading. A lesson that in life, you don't have to depend on only a source for income. You can't survive that way.

If you had other sources of income apart from just going to your routine work before covid-19 came, now that you have lost the job because of the challenges of covid-19, you would have easily been surviving with the others until you add another again to it. So as you have cryptocurrency as the means you want to survive now, you also invest properly in different coins and not only depend on signature campaign.

Apart from this, you can do other businesses either you get lian from friends, family.
5212  Economy / Speculation / Re: Bitcoin maturity ?!What do you think? on: October 06, 2020, 10:04:50 AM
yes, we must admit it and have been tested in all respects and in quite a long time. Bitcoin has shown itself to be admired and followed by others because the ability taken has proven it very well and recognition can be seen from market movements that continue to run smoothly and well. and many entrust their funds to be a profitable investment.

Many yes now believe bitcoin for investment. The volatility is getting reduced and it is gaining more confidence among people. Back in 3 years ago, the volatility was at the extreme, causing people to lose rapidly after the ATH drop but for now, the investment is more stable and price seem to also be stable.
5213  Bitcoin / Bitcoin Discussion / Re: Banking System a Scam...!!! on: October 06, 2020, 07:45:00 AM
That guy purchased some Bitcoins and we are discussing him for about one week on the forum. Angry
Can we stop discussing every guy,which is barely famous,who decides to buy some Bitcoin?


I have seen that some thread is getting some guys popular for buying an amount of bitcoin. Anyway other person can make themselves popular by buying huge amount and becoming known as one of the Bitcoin whales. This is simple and I think some are intentionally doing this.
5214  Economy / Economics / Re: Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery on: October 05, 2020, 09:21:07 PM
Covid-19 has reduce the economy of Australia to lower level which the government is trying to bring the economy back as normal.

I guess with the money the Australia government has released to boost the pandemic recovery, it will help the citizens to free from lockdown, corona virus, and business failure in the country. Many people will return back to their normal business and many investors will start investing to different sectors as usual.


This money coming into the economy will definitely help the country because many will get loan to start little businesses. Moreover, it is little businesses that help the different economy to flourish. I expect the Australian economy to grow soon.
5215  Bitcoin / Bitcoin Discussion / Re: During The Last U.S Presidential Debate Bitcoin Price Was Only $630 on: October 05, 2020, 08:17:34 PM
$630 to $19,xxx is a meteoric rise for sure. If you told me that we’ll make even half that kind of rise from $10,000 then I will be one very happy guy. It’s been a while since the halving now, we should really begin to see upwards movement soon.


I think one reason that the bull will still take some time is the fear that covid-19 is likely to hit again. This is a really serious fear that will make the market keep slowing and remaining between the area of $10000 and a little high to $11000.
5216  Economy / Economics / Re: Money printing and inflation explained on: October 05, 2020, 04:18:46 PM
Money is printed and destroyed.
Physical money is destroyed.


This destruction of physical money is different from cryptocurrency burning. Or the purposes are not the same. Cryptocurrency is burnt when the supply is too much and when that is done, more investors purchase and the price go up. But for physical cash, it is basically defaced money, dirty etc.
5217  Economy / Economics / Re: People lose Faith and Hope for banking and tradional markets on: October 04, 2020, 01:52:25 PM

There is Strong evidence that BTC Will hit to 100k+
In one Week or Even faster!


Like you mean this you said. You make this a joke to me. Bitcoin getting that high in a week? You are a joke.
This post doesn't require attention if you don't provide the link to get a good brief or analysis for it.
5218  Economy / Services / Re: ⬛⬛ Brainboss Management Services ⬛⬛ on: October 03, 2020, 02:13:58 PM
Your commitment to helping the community is one great thing you will be remembered for. Keep it up.
5219  Economy / Economics / Re: Does China plan to go communist? on: October 03, 2020, 01:54:28 PM
I saw they have a president and a one party system (apparently not a dictatorship?) but they have Marxist ideologies and look to be in a transition phase to communism?

I'm wary of socialist control of everything as I don't think it's historically ended well in the past (eg the Soviet Union) and it could either kill or heighten innovation.

Does anyone know of the plans to turn China communist and how it will look once all the phases are complete? Also would you expect their military to still be able to compete well with other countries?


China to me is already a communist state but maybe at the present, changes are taking place in there system with little changes in the economic and military aspect. Most countries are opening themselves to economic advancement with introduction of individual businesses with the regulation provided by the country based on the level of adoption of the Marxist economic theory. With the changes now, a country that still relies totally to the government control of financial sources of generating income will put there citizens into starvation.

This is a reason you see almost every country having someone called as the richest in the country and China is not excluded with Ma Huateng currently named as the richest in China ahead of Jack Ma

Quote
 Ma Huateng
China's richest man is the new money Internet billionaire Ma Huateng, the founder and CEO of Tencent, who recently took the top spot in China from fellow billionaire Jack Ma, the founder of Alibaba. Ma Huateng is worth $52.9 billion, while Jack Ma is worth $43.9 billion, according to Forbes.

https://www.google.com/search?q=the+richest+man+in+china&oq=the+richest+man+in+china&aqs=chrome..69i57.23693j0j7&client=ms-android-tecno&sourceid=chrome-mobile&ie=UTF-8#sbfbu=1&pi=the%20richest%20man%20in%20china

5220  Alternate cryptocurrencies / Altcoin Discussion / Re: Despite Many Participants, You Can Still Get Huge Rewards In Bounty. on: October 03, 2020, 10:43:52 AM

I Have Observed So Many Times That Article And Video Campaigns Have Less Participants While Hunters Feels It's Much Stressful And Brainstorming. Bounty Hunting Is All About Sacrificing Time, Energy, Data And Electricity. Now For You To Be A Good Hunter With High Rewards, You Have To Participate In Article And Video Campaigns Only, For Lower Ranks On Forum And Sometimes Signature Campaigns For Higher Ranks, Meanwhile Participating In Social Media Campaigns Gives Less Reward Because Of Many Participants. Try This And You Gonna Appreciate Me.

Try this in a scamming system that seem to have taken over. Many hunters are now withdrawing interest to participate in bounty because of their negative experience. Nothing is more disappointing than being scammed after doing your part. Many bounty begin to introduce conditions after bounty end.
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