|
no i don't, i don't want to make any loss especially for my close relatives and it is hard for me to advertise and introduce to the market if the market in this condition
|
|
|
|
I never started to talk about crypto, but when they started talking about mining which they considered the system and monetization were suspicious, I tried to speak up and explain about it but they still didn't care or didn't even understand my explanation even though I had picked easy words to understand, even my friend who understand it only laughed and then I was silent because I am aware of this. This is why I never started to talk about crypto, it was really a w aste. maybe for them crypto is still a new thing, so they can't entrust their money to invest in this matter, they prefer investment in other forms, don't give up easily to introduce crypto, because crypto is a good thing |
|
|
|
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
if bitcoin approved to be a legal tender, there will be good because an open ledger called a block chain on which all transactions are recorded and monitored. Because of this, once a transaction is completed and recorded on the ledger, it cannot be changed. Transactions are available for verification by anyone and anytime. |
|
|
|
First it is difficult to understand but you need to read and read all updated news about cryptocurrience . Yes it is difficult in the way you transaction and make payment but if you are confident to have a profit and have a money you can pursue it to enchance your understanding on bitcoin because first it is difficult but in the end it very easy to understand .
learning and always update the condition of the cryptos, learn from the people that have a lot of experience, surf the internet and take every information and tutorials in how to join and play in crypto |
|
|
|
Do you see government support for all participants in the cryptocurrency market? What to pay tax for?
Precisely, what to pay tax for even government did support bitcoin as a currency to use. Some reason why some countries are quite on cryptocurrency because they know that this is not controllable with someone else and having a forcing to tax those who have earned in bitcoin. Well, to make this long story short luckily in my country did not implement a tax on crypto we pay tax when we buy goods using our money from bitcoin. we must know what tax has been collected in each transaction, there must be clear details about the tax and its use |
|
|
|
trade between two countries? what do you mean? we all know that every government, almost in some other countries, prohibits the existence of bitcoins or those associated with cryptocurrency. how the two countries can trade, if one of those countries prohibits the existence of bitcoin. that would not be possible, man!
between two countries doesn't mean always a big transaction between the government, this also can relate to two individuals exchange to trade bitcoin or buy and sell things but use bitcoin as payment |
|
|
|
Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
for me, i still stay low for now, because of the falling price, now i still maintain the markets and wait until it is stable again |
|
|
|
This is something that is pretty hard to speculate because the situation of bitcoin depends upon many factors such as government , community , its competitor etc. But this is true that bitcoin will always be remember as a month of block chain.
i agree with this, especially about the government, the government that have the power to make regulation, there may be a possibility that crypto will be banned |
|
|
|
|
Bitcoin, and all other cryptocurrencies, except possibly some of the Initial Coin Offerings (ICOs), are not real investments comparable to a home, real estate, stocks, bonds, mutual funds or other assets that produce income or are tangible assets that can experience genuine price appreciation. In a sense, cryptocurrencies are a mirage, a game of sorts, that will end badly for most investors, especially if they have borrowed money to gamble on cryptocurrency price appreciation.
|
|
|
|
I have my own philosophy when it comes to saving money. For sure, when you spend too much, you cannot save. You should not buy expensive stuff and waste your time in expensive places. It also very important to avoid gambling or traveling just for fun. Additionally, I also think that the best way to save money is to invest it. Money cannot stay in our pocket or in a bank. It must be invested. The more you invest, the more you can have profits. When you have a lot of profits, why to save?
this is an example to use money wisely, with investing your money or asset your money didn't that silent, but growing and develop into more |
|
|
|
Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
I think it may be not a good idea. I think you can put part of your money into the market but not all of your saving. It is not so safe for us to do that. You need to put away for your living, and to make preparation for the ocming risk of the market. yes, there are still a lot of options for investing, but if you want to try crypto, i don't recommend you to put all your savings |
|
|
|
What happens if you are in a third world country and there is massive corruption? You pay taxes and there are no roads, schools, or any essential public utilities. What you do see is the politicians and their cronies getting richer. Would you still argue that everybody should continue paying taxes?
this is why the world must have supervisors to supervise taxes that have been paid to the government, so that the government doesn't use it arbitrarily |
|
|
|
The goverment from many country is worry whe the money in his teritory is going in other country who can his country in bad condition and its can makr a crisis
the government always don't like something that they can't control, when they can't control something it means they can get any profit or benefit from it |
|
|
|
here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.
any suggestion on how you save your money?
try to divide your needs in percentage for example 40% for monthly needs, 30% for installment, 20% for future savings, 10% for social needs, then divide it with your monthly income |
|
|
|
Reading, would be the greatest tool for improving your capability of posting constructive posts. Watching YouTube channels about crpyto currency is another way. There's many ways on how you can help yourself in improving your posting skills. Just don't be lazy enough to explore it.
you can also browse the latest topic in the discussion, to make the thread alive you have to bring a new info, but don't just copy the article you have read |
|
|
|
I dont think this will click. Bitcoin is not meant for bank. Its not the purpose of bitcoin. Bank is centralized while bitcoin is decentralized system. We dont want our identity revealed. Plus, no banks ever done this before, afaik. Why dont you build an exchange rather than this? Exchange/lending service, that would be great.
i agree with this, especially in the lending service one, i think there are some people that want to join in crypto but they don;t have the money, i think that lending idea is a good one, and for me crypto is better to be a personally in an own wallet |
|
|
|
|
but a lot of wealthy people only think about themself , they don't care about the poor and don't have any social responsibilities, they only think how to increase their wealth.
|
|
|
|
|
a solution that i want to share is try the cold wallet, a cold wallet is an offline storage device that can only be accessed physically. a hot wallet, on the other hand, is stored online and can be accessed through the internet. The advantage of a cold wallet over a hot wallet is that the latter is not accessible online and is therefore not prone to hacking.
|
|
|
|
ROSSIAcoin
That's a very interesting way for you to spell "Russia". I can't tell how serious this question is, but I'll give you the benefit of the doubt and assume that we're operating in good faith. Seems to me if each country issues their own cryptocurrency then they would probably be exactly the same as they are today. What would make you think these countries issuing their own cryptocurrency would be any different of an outcome than them issuing their own fiat currency? There is no inherent difference between cryptocurrency and fiat currency, in terms of growth or adoption, when it is being directly distributed by a particular government and is centralized. It would be identical to the way things are now. Read up on economic statistics for USD, JPY, GBP, AUD and you will see how they would perform. yes, in a simple way that the fiat currency become digitalized |
|
|
|
at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Inflation is not caused by Bitcoin but instead is mostly the result of governments around the world printing money to service their debts. |
|
|
|
|
Show Posts
