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5521  Economy / Economics / Re: India's new financial package is a national laughing stock - what do you think? on: June 01, 2020, 08:08:13 PM
Maybe it is too hasty for you to conclude that no help is coming whether direct or not, for such amount to be put out to support in this covid-19 lockdown. If food is not distributed directly, government might give money to small businesses to flourishing again and with that many families can benefit. It is a hard time for government and they would want to restart the economy by encouraging more employment and not to share everything in food stuffs. Be patient with your government.
5522  Economy / Economics / Re: EU has joined in with 826bn. Globally over 10tn has been printed on: May 31, 2020, 01:50:09 PM
Every country that's been badly going through the economic fall because of the COVID19 pandemic has to do these things. Some other countries have already asked the World Bank to loan millions of dollars to their economic recovery. Some countries did already have made their loans through China debt trap. It's very usual to see each big country helping each of its allies sending millions of dollar for the recovery fund. Like US dollar, sent and offered around $100M - $150M to some of its allies but why is it that there's too much loans are still going in for those countries. We, citizens will have to suffer the consequences not just with taxes and as we recover, we have a debt to pay.

As much this support and printing of money is going on but at the same time it can lead to inflation because economically if too much money is in the system circulating, the liquidity can increase inflation because prices will go up too. Maybe the other thing to do is to increase level of tax but that too will affect the middle earners and lower income people also. Money can come in but gradually circulating will be better.
5523  Local / Nigeria (Naija) / Re: Projec Covid-19: Supply to 50 families in Nigeria outside my community {Update}. on: May 31, 2020, 11:06:00 AM
Nice gesture @boss. So, how do you select and plan to reach out to the 50 families outside your community? Or is it still in your state ?
5524  Economy / Speculation / Re: What will governments do next to manipulate Bitcoin? on: May 31, 2020, 10:01:00 AM
What, do you think, the governments of different countries will do next to manipulate Bitcoin?

When you say government of different countries I just had to laugh as I just tried Imagining the government of my country "Nigeria" trying to pass a bill that'll influence the market globally either by creating FOMO or FUD which sounds unachievable. The top world power countries like China and US just like others have highlighted are the only countries which can successfully influence the market as they have done exactly that in the past.


Grin Talking about influencing or manipulating as Op puts it, I think Nigeria can influence things  Grin but maybe not necessarily on the crypto kind of things because is not a high tech country. It can be a contributor to manipulation however in crude oil production too. I think as the 6 largest oil producing nation with OPEC, manipulation is also not far from Nigeria too  Shocked

On the part of adoption, I believe that Nigerians are part of the highest hodlers of btc in Africa at least. Therefore, a bill in the National Assembly for adoption of btc will cause a major spike in btc price across board IMO , even if it does not scale through (as part of manipulation)  Grin
5525  Economy / Speculation / Re: BTC Price might drop now?! on: May 30, 2020, 09:42:29 PM
The retracement of the price already happened so expect that the price may now go up again, there is a currently breakout that happening but I do not know if it will become successful or it will be just another fakeout. The market is now so volatile so proper risk management is very important. The breakout is a sign of strength so the possibility of going up is higer and it is the reason why we should expect another rally.

I think the next week will actually confirm a strong volatility because the few days to the end of this trading week has been dull. Yesterday and today especially have been dragging for position. At the opening of next week, we might see a volatile pricing.
5526  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: May 29, 2020, 10:32:48 PM
i dont know if this was saracasm or not , but most of that all are nonsense for me ,even  u need some job to get some capital for making ur own business , ;/

I wonder a kind of thread like that. It looks more like a phycho post. Asking buddies not to get married etc. Are people who are doing all those he said and married not getting rich? Destiny is different I'm sure we know that too.
5527  Economy / Speculation / Re: What’s next for Bitcoin? on: May 29, 2020, 09:13:56 PM
Bitcoin will keep growing against the bubble talk that is going around. Bitcoin has gone ahead critism enough to pull it down but it hasn't gone down. It is going to be here as more hodlers and investors acquire it.
5528  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Be aware of a possible new exchange SCAM - I need your opinion on: May 29, 2020, 05:56:59 PM
I was told by someone that I know the last month and never met in person about an investment opportunity. Before you tell me that I am an idiot, how I was involved with this person and the reason that I trusted her is another discussion.
Almost all the tokens backed by ico are shitcoins and scams. We used to see how people lost their money investing in a coin called "promising", but trusting someone that you didn't ever meet with 0.5 btc is the most interesting part of your story. I think you bought the coin because you trust the person who told you about it and not because you beleive in the project itself especially after you found no review about the exchange. I think it's important to mention if the girl belong to scam team or she is a victim like you.
Sorry for your lost mate. You should take more care about who to trust and where to send your money.

I think is easier said this way, he needs to move on and don't fall again for things like this.

Some of us have made some now foolish mistake of investing in ICO. We now understand better not to invest in such levels of start ups because anything can happen and the team decides to go under.
5529  Economy / Economics / Re: US is so poor that president trump constantly attack China. on: May 29, 2020, 05:30:29 PM
China is liable for all this so I feel President Trump will still attack China I feel this is often a really good decision. the results for the entire world for them are that everybody lives in crisis. Not just President Trump but all poisoned presidents should take some action against China. Everything started in China Meanwhile, China has also did not come up with a vaccine and isn't supplying the required pests they're keeping everything secret and conspiring to place the planet in additional crisis.

Also that America is the watching eyes of the world should make Trump to speak out on the evil to the world since all other president are not doing that. The world is in crisis about the pandemic and needs solution to live back to normal. China is the focus for this problem as we read through media and people are dying from this infection by daily basis.
5530  Economy / Speculation / Re: [2020-03-11] Bitcoin Price Below $8,000 Again — Will Bulls Buy the Dip This Tim on: May 29, 2020, 01:16:15 PM
The price is very unstable now and you can expect anything now

Not sure about that. There has never been a time that bitcoin price was stable. The price always fluctuate with volatility. The volatility although is dependent on the ask price order in the market. Yesterday's price was an example and now selling at $9,242 after getting to around $9,500 or about that yesterday and that is to show is volatility.
5531  Bitcoin / Bitcoin Discussion / Re: (Serious Question) Is Bitcoin Doomed to be Centralized by China? on: May 28, 2020, 09:38:50 PM

I think that China might keep Bitcoin as an alternative,if their central bank coin project fails and if the US/China trade war continues,China might stop using US dollars as a reserve currency and replace them with gold,euro,or maybe Bitcoin(the last option is highly unlikely to happen,but who knows).

Stopping the use of dollar won't be an easy thing for only China to achieve despite their trade war with America. China also does international trade whose main exchange currency is the American dollar, this makes it difficult. However, if China has a strong agreement with other countries around them in Asia, such boycott can be visible.
5532  Economy / Economics / Re: What would a Crypto-only economy look like? on: May 28, 2020, 08:51:12 PM
Imagine a world where businesses, merchants, and everyday people use crypto as the only medium of exchange. Everything will operate autonomously and decentralized without the need for third parties. In this world, governments and big corporations might cease to exist as everything will be guided by both Blockchain technology and AI. People will be able to gain autonomy over their own money, reducing corruption and fraud in every way possible. Negative events in the mainstream world will have little to no effect on the world's economy, as it lives in cyberspace. No one will be able to control people's actions worldwide, as it'll be a "free for all" scenario. Central banks will no longer be relevant, as people will become their own bank via the use of various interconnected Blockchain networks.

While all of this seems to be more of a dream than anything else, there's a possibility it could happen in the future if people lose trust in governments, central banks, and conglomerates alike.

What are your thoughts? Huh

Such time will definitely be like robots that are living in the world because everything thing will go digital. We would have so many robots than human doing jobs. Crypto trading too will be more of customers to operate with robots. So much agencies will be worthless.
5533  Economy / Speculation / Re: BTC Price might drop now?! on: May 28, 2020, 07:19:54 PM
This is only short term but its putting in a hammer candle on the 4hr bar.  I dont think its dropping right this moment.   However I think it will cycle through once again within a range, if it goes as high as 10,000 or higher it will upset alot of people who were counting on negative action to occur right now.   Typically BTC wears everyone out dodging every guess and any attempt to hit it with a short.



I think today was bull for bitcoin. With close to $500 gain or more, it looks like a bull run is building up. We might see the hammer candles appearing often either reflecting panic in the market or indecision going on with traders.
5534  Economy / Trading Discussion / Re: Those that hate risks! on: May 28, 2020, 05:59:21 PM
We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.

Lol being negative is part of fear. Negative is sure if a trader isn't sure of positive result. Negativity is opposite if positive. So if a trader isn't sure of the trade, no other option than to be negative. Proper training is the solution for a negative trader.
5535  Economy / Economics / Re: Americans hoarding cash doing more harm to their economy? on: May 28, 2020, 03:06:44 PM


The stimulus really is not for investment. The money is for help for feeding at least to be safe from having other issue like hunger virus and ulcer  Grin maybe caused lack of good nutrition. But many speculation have been on that it is an investment opportunity but I will use such for the purpose of taking care of the family as it given if I were.
5536  Economy / Speculation / Re: Do you believe that bitcoin will have a stable price in the future? on: May 27, 2020, 08:17:27 PM
Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.

No for me, I don't believe it will be stable. It can only be such if there happens to be regulation or control of it. If no control, manipulation and pump will continue. Pump is one big reason for volatility of bitcoin.
5537  Economy / Speculation / Re: Will Bitcoin ever be 20K USD again? on: May 27, 2020, 01:01:33 PM
Bitcoin price is always unexpected that's why no one could tell the future price exactly.

Uncertainty surely is the bitcoin business. After getting to $10,000 last week, the price has dropped back to $8,867 today. This is the time for a possible buy because it might be a correction that has been speculated after it has a stop in $10,000.
5538  Economy / Trading Discussion / Re: How i reaction about signals on: May 27, 2020, 09:59:06 AM
You are not being coherent in your post maybe you are not an English writer, it is understandable. Meanwhile you have confirmed to have a robot that is sure to give you profit, then continue on it. One hour time frame and four hours are good to enter a trade especially for one hour for day trader and four hours for swing trader/longtime.
5539  Economy / Services / Re: [OPEN] Roobet.com Signature Campaign | The Honest Online Casino | Full Members+ on: May 27, 2020, 09:43:45 AM
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