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5561  Economy / Economics / Re: Does this mean Cash will be extinct? on: January 12, 2018, 08:49:45 PM
A cashless society is very possible in theory, but it needs a global technological advancement that - for the moment - it's still far away

Arent we now is most cases dont use cash anymore? There are alot of things that you can pay with nowadays, most people use credit card and some use some form of e-money that bank offered

In some sense it is the same as not using cash anymore so sooner or later we will see cash becoming useless as most people feel more convenience with not having them around

Cash and bitcoin will continue to exist because of the presence of bitcoin nonlan as a competitor to eliminate cash, it can both complement each other because many transactions that can not be done cash or bitcoin everything.

Bitcoin is created to be a currency while cash is a form of fiat currency hold by a country. Do you get what I mean? Both are pretty much the same
5562  Economy / Economics / Re: Make money from money on: January 12, 2018, 08:47:34 PM
The first thing an investor must master is analysis and information. Both of these are very important to decide on selling / buying coins.

Investor is different with trader. You only need to know that something is valuable and invest in it, you dont need to know any other thing because most investor are really into long term holding.

There are a lot of people that dont make any money from investment because they dont believe in what they invest in. As I have seen a guy that sold all of his eth in 2015 for $30 when he got them on $12. He quit crypto afterward and said crypto is all about bullshit but look at where ether is now at .
5563  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources] on: January 12, 2018, 07:42:52 PM
Am very dissapointed on the people complaining about VERGES team!!!!

Not something new as we have seen alot of this. People are not actually compaining about the team but they are complaining because they LOSE MONEY. Some people bought at the ATH and the price has been going down ever since

Most TA views however stated that the chart might be looking for a breakout soon so expect things to be going right up soon. Afteral there is nothing wrong with the team. In fact they have done great things with the wraith protocol
5564  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 12, 2018, 07:38:32 PM
I think if ever Bitcoin has already an exact amount and this remain to be stable

What? we already have a fixed supply of 21M

I think in some manner, Bitcoin might be popular as well in a sense that people will still be interested into it

Alot of people are interested in it but they are too dumb not to ask. Everyone think that it is too late for them to join in while in fact it hasnt. Crypto has alot more room to go if things goes right but possibility of going south will always be there


Bitcoin I think will be popular as it is if ever the price was attractive to people

Ever since we made that crazy ride since September, alot of media has been exposing bitcoin constantly which makes alot more people aware of it already. Alot of them has joined in since then
5565  Economy / Economics / Re: plan for the future with bitcoin on: January 12, 2018, 07:25:12 PM
What I do today collect bitcoin is a way of investing. I buy bitcoin with monthly salary, because I know the future bitcoin will rise in price.

Having confidence is fine but dont forget that there is no certain way to know the future. It is still much better not to hold more bitcoin unless you are ready to consider it as investment. If you are buying it constantly with money that you are supposed to be using then that is dope.

Currently we know that demand is greater than supply, of course bitcoin will increase in price if the market happens so.

It will in time but if alot of countries decided to bann it then there is no telling how thing will progress. At the best case most people will just move to another altcoin like ether but in the worst case, it could be worthless
5566  Economy / Economics / Re: Make money from money on: January 12, 2018, 07:21:31 PM
Money is just a representation of value. Of course you need value to create more value, but not necessarily you need money: the value can be knowledge, creativity, skill, and so on

That is just so weird. A value is the measurement that dont change, while the exchange rate of a thing might differ . If it is traded among the same people that share the same value then it is going to be alright

Imagine this, even if bitcoin reach $100,000 but if you want to sell it to a person that see no value in a digital currency then it holds no value at all thus you cant make money even if you want to sell it cause nobody wants it
5567  Economy / Economics / Re: Best tip on saving money on: January 12, 2018, 04:57:47 PM
To be able to save money, you should create a list of how much money you expect to have. And then create a list of all the expenses that you expect to have. And then when you subtract the expenses from the money you have, you will know just how much effort you need to do to be able to save more.

Thats probably only will show you how much you have 'save' throughout the months but it doesnt really teach you the best way of saving money. It is common sense to save in banks but thats just becoming an old jokes nowadays

It is better to save in crypto of course as it is much safer but there is an old advice regarding how to save money. Save what you earn and spend what you have left, not the other way of saving what you had left

Most people do the later one though
5568  Economy / Economics / Re: Can Bitcoin End World Poverty? on: January 07, 2018, 07:05:20 PM
i dont think so. there will always a rich and a poor in this world

Thats how this world works, cant deny it though as we are part of this

I think the only thing bitcoin can do with povery is to reduce it somehow.

Seriously dont be ridiculuous about this. As of now most people can even afford 1mbtc of digital coin that you cant touch. I am being sarcastic about this but you do get my main point do you. Bitcoin for now is nothing more than a risky investment for the majority of people


-rubbish snip-

You need to learn before you post
5569  Economy / Economics / Re: The future of the paper money on: January 07, 2018, 06:55:00 PM
I am sure that the future of paper money will continue to survive, this is because paper money is the identity of a country so that the state will continue to maintain and protect paper money.

It will probably not as there are lot of chances for the government to switch into digital currency as well. Well actually the one they made and control , even as of now we are in cashless world where you pay most of your bill with debit and credit card. So the possibility for that to happen is quite slim but it probably will depending how things progress
5570  Economy / Economics / Re: The dream of getting rich with bitcoins on: January 07, 2018, 06:45:08 PM
It is free to dream big anyway. But to make your dreams become a reality, you have to exert effort, time and money coupled with strong determination to really achieve that dream of yours.

If you hold few coins that you got before $1000 or so then your dream is pretty much already realized but if you are just getting into crypto, then it will take some time. Even worst that it might never happen because there is always a possibility for that

Besodes that, if you just sleep all day long without doing anything then the chances for you to become dirt poor before bitcoin hit $100,000 should be higher. In other words, stop dreaming and start realizing it
5571  Economy / Economics / Re: Why Is Bitcoin's Value So Volatile? on: January 07, 2018, 06:32:36 PM
I believe the following are important factors:

1) Large influence of retail investors

There is almost none that is actually confirmed at this point

2) Volatility of information being assimilated into the marketplace (related to factors that drive Bitcoin pricing)

You probably means shilling people into dumping their coins

We all have different views about this matter but for me, bitcoin's volatility is greatly influenced of the demand it is getting.

The demand for bitcoin should actually stabilize bitcoin at this point and drive it exchange rate accross $17,000 by now . From what you are saying, it is pretty much wrong, volatility just happen to be there because people are day trading it

It is not really volatile though at this point unless you use a 5 min chart, if you use the 1 day chart to check the chart then you can see we are actually quite stable right now
5572  Economy / Economics / Re: Bitcoin's profit on: January 07, 2018, 06:29:03 PM
No, it's not, it's just a rumor. You only can get below 10% of your investment. Just try to do short-term trading with bitcoin. You will feel it your own it's big but not big enough. If you investing with a lot of amounts bigger profit you will get.

Not everyone is suitable to do day trading. In fact it is one of the most tiring things to do to get money. Some people prefer to hold few coins then come back months later to check on it. Having alot coins doesnt guarantee you to get more profit .

Yes, bitcoin is very profitable because bitcoin has a limited supply of only 16.7 million bitcoins in circulation worldwide. And yes, there is high bitcoin demands. thus, the demand of bitcoin is higher than the supply. You know once the demand is higher than the supply what will follow which is inflation.

Fixed supply at 21 millions actually. There is almost no real demand for bitcoin right now except because of it high exchange rate currently and people just want a piece of it to get some quick profit
5573  Economy / Gambling discussion / Re: To Gamble or To Invest? on: January 07, 2018, 06:17:42 PM
Investing is better than gambling but still equally risky

Equally? no actually you know it deep down yourself that it is less risky to invest. Investing might be a risky thing to do but it is an obvious answer that you are going to choose if you compare it with gambling

but in investing even if risky but not too loss and all depends how much is invested.

You lose percentage of it depending on the investment but a loss is still a loss. You can lose almost everything when you invest as well but odds are that investing is so much better

and I think gambling is very risky because the gamble will cause a sense of passion that is not control and eventually the capital runs out all, all depending on the ability and expertise so that the results as expected.

It is called being addicted for the simpler words though
5574  Economy / Gambling discussion / Re: Does experience matter in gambling? on: January 07, 2018, 06:07:45 PM
I think it counts and it is a factor for gambling because you could know what you are going to do and practice the skills that you have learned that comes with experience.

There is unfortunately no such thing in gambling. Either you are lucky or you are not. You can self proclaimed that you have skills in gambling but thats just end of the story if you are unlucky

There is definitely something that you could do to increase your luck and chances and that is by playing your strategies and focusing on the task

There is none, stop dreaming about it because whatever you think or dream about it wont happen though

For gambling no.
But it does matter for more skill games. Like poker and stuff like that.

Doesnt matter if you are unlucky, there is always an element of luck needed when you gamble. Some people are skilled enough to win WSOP but with only skill it is not possible to win it for sure
5575  Economy / Economics / Re: The future of the paper money on: January 06, 2018, 08:05:50 PM
Instead of we use cryptocurrency to change the current monetary system

Thats the goal but the government just wont let you change anything at all and that is a fact.

use blockchain technology from cryptocurrency world and apply it to build and develop new digital curreny is better.

Thats what the other coin been building, they want to build the perfect cryptocurrency that will someday surpass bitcoin but most of them just failed. None can really beat bitcoin at this point though

I saw some countries have started to research it, if the world need to change current monetary system, I think next choice will be digital currency use blockchain for platform.

Alot of those has started something behind the screen. This is the future where we are going to live, there is nothing that is going to stop cryptocurrency right now. Either goverment cope with us or build their own, thats the only choice
5576  Economy / Economics / Re: Bitcoin Will Change Everything on: January 06, 2018, 07:59:02 PM
] Yes definitely. It changes you a lot. From your physical action to mental ability as well as social relationship. Physical action since you can earn money without exerting so much physical effort

Actually if you are a day trader, you are going to get pretty exhausted . There is no such thing as getting money without exerting anything at all. This is pretty much dumb from what I can read

Mental, mental for the reason the you are now more knoledgeable about business related topics.

What?

And the mindset of yours is now widen and thinks more mature. And lastly social relationship, you can now be socialize since bitcoin has a wide range of communication and business that every kind of people you may encounter.

Actually you dont really get socialize that much if you are day trading. In fact it is pretty much a boring things to do however if you are good in it you could get better income then those average joe though
5577  Economy / Economics / Re: Being a Smart Person or Strategic on: January 06, 2018, 07:33:27 PM
being smart is just one of qualifications needed to become successful.

The second would be luck, thats an obvious thing. Some smart people are too dumb to realize that they have the opportunity of getting better life so some luck in your life would be great

strategy is how you can apply your knowledge on your own way..

Fact is that the most successful people is going to be those who are smart but lazy because he will tend to find shortcut to most things. It doesnt matter if you are smart or being strategic if you cant find the fastest solution for problems
5578  Economy / Economics / Re: The dream of getting rich with bitcoins on: January 06, 2018, 07:02:18 PM
Actually here in crypto world, it is really possible to get you rich.

It is possible for you to lose everything in a single night as well, there is a great risk with every great reward/

With the unstoppable rise of the price up to thousands of percentage increase.

It is almost not possible to happen, everyone will just dump when it reach to one point. That means people are really going to sell and alot more will follow the same step which lead to the exchange rate plummeting

In just a minute you'll be a millionaire.

Keep dreaming, you are probably going to get it when you close your eyes

That is why many are getting crazy and many are making threat news about it. But for me, I only want one thing, get money out of this and make my dreams do come true.

Start doing things and stop dreaming, thats how you are going to make money. Not keeping bitcoin, doing nothing and hope things shoot up while you are sleeping because that is not going to happen
5579  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2016/17 on: January 06, 2018, 06:38:42 PM
Yes, Madrid really needs some quality strikers now. Benzema and Bale is not in good shape.Even Ronaldo is not finding goals in La liga.If madrid can buy players like Kane,Hazard or Salah then I think The future of Madrid will be excellent.Madrid will be more stronger and dangerous for other teams.

It is about time that they change almost their entire squad. We wont really see anything from them this season. I expect things going to be interesting in the next season, probably they are going to sell half of their squad and sign new potential player

As a matter of facts, this is probably the first time in my life since I enjoy laliga that I will be going to see real madrid ended outside the top 3 zone. It hasnt happen yet but atleast the chances for it to happen is quite high though
5580  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: January 06, 2018, 06:33:31 PM
City is a definite league winner but as for the second and fourth place,
[/quote]

As for now the are probably going to be on the top 4 atleast. They have the best chance to win the premier league but it doesnt really end until they secure few more matches

i have my doubts because Manchester United lack consistency in winning games

They are lacking in it but they still have a pretty small chance to win considering that manchester city lose few matches in premier league when champions league start . The chances for that to happen is pretty slim though

Well Tottenham Hot Spurs are currently fifth on the table but they can catch up ground until the end of the season comes.
They are on a hot scoring streak right now and don't look to be slowing down for anybody.


They just got a draw with west ham and they are not really on a hot scoring streak. More like they are inconsistent, you should probably count them out on the race to win the premier league
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