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741  Economy / Economics / Re: So many cryptocurrencies ! on: June 06, 2018, 08:32:26 PM
yes you are right now very much cryptocurrency therefore you better can choose a good cryptocurrency and have a good development to can give you a lot profit.
this happens because some of the first coins appear and start attracting a lot of attention and huge profits for some parties and companies even up to one country to benefit from digital currency so many new coins are popping up that hope to get the same luck.
There are several and many cryptocurrencies working and functioning out there in the market for our benefit and ease. It is actually up to us to keep, safe and secure our profits because we are the handlers and not a single person is involving in cooperation or support. Current market brings you many coins but a productive person will give first priority to the Bitcoin as it is the most valuable and responsive and then to other coins to make portfolio.
742  Economy / Economics / Re: Biggest personal bitcoin loss on: June 06, 2018, 08:23:29 PM
There was that one time when I felt really down by what was happening in the market when the prices increased but I simply did not have any crypto currencies to sell because I lost most of my coins before when trading and trying to get a good catch, but now I feel lucky just because I am a participant of this kind of business from the very begining and that I still got some BTC when it's value was not that high.
I am not faced with any loss and this is due to the rules and principles I am following and this obedience of the market rules always lead me towards success and huge profit. It is not necessary and not considering it to loss must in the beginning but is all up to the mind and knowledge of the source you are investing in. leave all those mistakes if you ever performed and start again in the light of market basic rules and for long term so you will never face any loss again.
743  Economy / Economics / Re: Bitcoin and Disable person on: June 06, 2018, 08:18:08 PM
This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.

This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.


Disable Person is openly availed anytime to use bitcoin because this is build for all people unless their problem is no both hands, so they are not able to use this, they need for Guidance if they want to use Bitcoin.
Bitcoin investment is for all the people living in this world regardless of race, color, government or institutes and authorities. Person from all these sectors can invest in the Bitcoin, simply Bitcoin knows about people only. Disable person can also invest in Bitcoin if his mind is working properly and if not working properly then handling this business is not favorable for him.
744  Economy / Gambling discussion / Re: Benefits of gambling? Yes - it exists! on: June 05, 2018, 09:31:35 PM
I agree with the idea that those legal gambling places or huge casinos that can contribute to governments taxes. Aside from this the only positive thing it gives me is money, rarely give me money. Honestly, im more prone to lost than to win. I can consider entertainment because i usually gamble specially when im bored.

Gambling really contribute in one economy especially when those giants casinos paying the correct taxes which I think is still possible. There's a good benefits of gambling but if you told it to other people they will see negative things on that. Gambling is a way to entertain yourself while there is a money involve, make sure you understand the risk of it.

It does help the government when they get the tax being paid by this casinos if assumed they pay correctly. It is a great source of revenue as people form other countries will also come to gamble like for example Macau where majority of the income of government comes from the taxes collected from casinos only.

No doubt governments take much more taxes from gambling casinos than other institutes present in their country because people are in great ration who love to play gambling and son the casinos keep on going for the whole year and can’t even close their casino for a day or so because they will get great loss if they will do so. Eve gambling is considered a negative thing but still governments can close casinos.
Yeah! It’s totally true that the government takes much more taxes from these casinos than other institutes like you said and the main reason behind this fact is the users the gambling is having with it. Every activity can be stopped but can never ever be stopped because a lot of people are attached with it very closely and if the gambling would be stopped or removed, these people would die.
745  Economy / Economics / Re: why do people agree to pay taxes? on: June 05, 2018, 09:15:13 PM
Tax is considered as a lifeblood in one country,  this is where the funds came from to provide for government's projects such as those infrastructures, medical assistance  and such, that is why people agreed in it. Actually, paying taxes is a good act, only if those money that we pay for taxes were properly used and not being corrupted.  How great it is if those huge amount of money could really help the citizens of a nation. 
Tax system is a good thing for the progress and prosperity of one’s country but this is only possible when the people will pay taxes. Sometimes people are paying taxes but still their country is not making a progress as it should make with that money. This happens only when the government of that country is corrupt and not sincere with the state and not willing to use this money for the progress of that country.
746  Economy / Trading Discussion / Re: how much usd need for trade ?? on: June 05, 2018, 08:44:05 PM
if my suggestion is better just as much as capital to do trade, because in trading it should not impose using a very large capital
It is exclusively the choice of investor that how much he is ready to invest and allocate for trading. It is not always to start trading with too much money in pocket, you can even trade by investing no money and earning all from signature campaigns or bounty campaigns. No need to listen to those who say that a particular amount is needed in order to be part of traders or a trading community. Use what you have.
747  Economy / Economics / Re: I almost lost my rock solid regular job because of crypto on: June 05, 2018, 08:33:19 PM
That almost seems very unfortunate and I am glad you get another chance to prove yourself worthy.

I personally have no job yet as I am a student but this will serve to me as an early warning to be responsible enough to balance my time to both my priorities. And yes, I would choose my career over cryptocurrencies in the future too.
I think we shouldn’t become sad and feel sorrow for him because he is mature enough to understand everything easily. Who doesn’t knows that investing in BTCs and also online investment of an type is not a secure thing as it is a digital world and can end at any time? So wasting your rock solid job just because of these useless things would be a big blunder from your side.
748  Economy / Gambling discussion / Re: how long you can stay without gambling? on: June 05, 2018, 08:26:53 PM
I can stay as long as I can because I am not really that fun in losing my money and gambling means losing money and a little chance of winning. I've seen many people who can't live without it but those are people who are addicted in gambling.
Gambling is only for fun to me also so it won't be a problem if I go for years without playing. Most of the time I lose so I have a reason to convince myself to quit gambling. Online gambling introduces different kind of bonuses that are very enticing so some of us are having a hard time fighting the urge to play.

There are many applications available online if we are still into gambling, the difference is that the money is virtually generated and earned. These applications are not bad as a replacement for gambling and for using real money.
Gambling should be considered as a source of fun and thinking it as a source of income would be a big blunder from one’s side. People start playing gambling by thinking it as source of income and they soon get addicted to it and can never live without gambling but I am glad that you don’t think it as source of income and it will not become a disastrous end for you.
749  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 05, 2018, 08:18:12 PM
The Egyptian FA released a statement where they pretty much implied that Salah is going to play in the WC, the latest rumours say that he could miss the first round (group stages), some people say he could be out for 3-4 weeks (starting this week). I think he'll be out of the world cup, unfortunately.

Salah could have a broken leg and his head dangling off by a thread and the Egyptian FA would release a statement saying they're optimistic he'll be fit for the World Cup. He's their only hope for them to get out the group so they're pretty desperate, but even with him I doubt they'll do much.
Salah will apparently will play for final group match against Saudi Arabia on 25th June if not on 15th June against Uruguay. Article: https://www.theguardian.com/football/2018/may/30/football-mohamed-salah-fit-world-cup-egypt-liverpool-shoulder
Germany looks real tough,and maybe this time they could regain the title.
I know that Germany is  a much bigger team like Spain, France etc. but we cannot say this that it would regain this title as they have it four years before. In last world cup, Germany was quite lucky because the playmaker of Brazil; Neymar Jr was not playing the final and without him the team is nothing as it was proved when Germany beaten Brazil by 7-1 but this time, he is playing the matches.
750  Economy / Economics / Re: Reason we pay taxes and why we should on: June 05, 2018, 07:56:08 PM
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?

I think the next time you people needs to choose the right kind of government , or better stand up for the change , but at least do your part right .
You cannot expect the other party to be completely honest when you are not rightfully doing your duty.
Everyone wants to mock the dirty river but no one wants to get their hands dirty is the real deal with us , if we want better , if we want the corruption to end we need to do it ourselves and not wait for some miracle , doing our small bit and doing our duty are the two things that I consider is something that is the recipe for change .
Countries are corrupt the leaders are not right I completely understand but then it's rightfully in the hands of us to change it , if they are doing bad we cannot just reciprocate bad .
I would say choose a better government or get involved in government body , even if you change one person it will truly change the world but not paying taxes and simply saying no man they are wrong so even we can do wrong is not justified is what I think.

I was born under a dictatorship regime, and that government was in power, corruption was the norm for almost 30 years and it took the collaborative efforts of people around, (military, church officials, governments authorities who can't stomach it anymore, and ordinary people to topple the dictatorship. And even was jumping for joy that time and thought that the country was heading in the right direction. 30 years moving forward, the country is still the same, corruption everywhere. So I don't think that we can simply move out of the country, less its a choice but if you don't have the necessary funds to go out you will be stuck forever. Although the current government is doing its best to curb out corruption like increasing the salary of the policeman, there are a lot being tempted to accept bribe money. That's why you can't really blame someone doesn't want to pay their taxes because we know that it will just go to the pockets of corrupt government officials.

I think there is a little bit controversial answer to this question. For me people should pay taxes because these taxes are for the welfare of the country and are utilized in the needs of country so that the country can become more developed and stable than it is in its present stage but if the people come to know that their money in not utilized in the way it should be, it’s better to cut off paying taxes.
751  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are you buying now? on: June 01, 2018, 09:59:26 PM
Docademic's current price is soo good to investment. Airdrop distributions will be made but there has not been any significant price movement yet. A project that can be evaluated as a long term investment Smiley
I plan to buy the top profitable crypto currencies that are Bitcoin and ETH. Both have been the most attractive in terms of return since long and even the past year data shows the huge inflow of money to the market. There is some good stability in Bitcoin in micro level and ETH has also been considered and suggested a good spot for investment. Having known that, I am planning to invest in the two.
752  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is going to replace bitcoin? on: June 01, 2018, 08:55:07 PM
Im sure that no other coin will every replace bitcoin. I think it will stay in future the most valuable coin. There will be a lot of coins who will maybe be accepted as daily payments, but they will never be more worth. So from the alue i think no one can reach bitcoin. But there will be a coin who will be accepted by the mainstream and used more then bitcoin.
I  also do not think and cannot think of a cryptocurrency that has the ability to replace Bitcoin. Bitcoin is the only king in the crypto market and has come a long long way despite so many hurdles in the start. Still it expanded immensely in 2018 and will go beyond borders as well. Bitcoin if legalized In all the countries will even replace dollar in the international market.
753  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why long-term trading! on: June 01, 2018, 08:48:19 PM
It is good to hold on long term because the price of the coin will increase and you will make profit depending on how long you hold the coin as long as the coin is a stable and potential coin.
Long term trading because it gives you the freedom to escape the worries of price fluctuations in the market. It also keeps you away from making a panic decision. Besides, long term trading gives you good total of rise in price since the time of your investment. Almost all of the good investors who have earned a fortune in Bitcoin are the long term investors.
754  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I am sorry for the people on: June 01, 2018, 08:43:10 PM
Do not sell your altcoins, do not follow that kind of advice.
There are still a lot of chances to earn a huge amount of money by the end of the year, please, do not be so fool to dump everything
I think at least one should never talk in a pessimistic way if not interested in an investment himself. This spread the rumors due to which some people who wants to invest in the technology recedes. You might remember the technology and the crypto world boosted last year and same looks like will happen again. Furthermore. The demand for the crypto currencies is still good in the market and as long as there are good costumers, you can sell your product.
755  Economy / Economics / Re: Good news or bad news... on: May 30, 2018, 09:44:34 PM
Japan is doing all to make sure cryptocurrency succeeds in the world. Whether this news is good or bad is not yet obvious now as it has no impact on bitcoin yet. But with time it will show.
Not only Japan but almost every country would love to implement such laws which prove good and protecting for the economy. Since money laundering is a sever crime in almost all countries that sucks empty the economy of a country. Having laws against the heinous action, no one will try to do it. Besides, facilitating the technology and welcoming it to ones country is a future benefit and shifts the existing outdated systems to the next level.
756  Economy / Economics / Re: How can we make this world economically better? on: May 30, 2018, 09:39:22 PM
The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
Economic progress depends on how the government will balance the just distribution of wealth and services without leaving a single margin of error to make political,social and economical status of its people in complete progress. This may be done by proper education and looking for innovative ways, either industrial or agricultural means. Technology is one of the major key in economic progress, this is where cryptocurrency might contribute to economic growth and breakthrough.
You can make the world economically better by introducing and following the redistribution of income concept which is a way to reduce the gap between rich and poor in the economy. Also producing employment opportunities and creating jobs in a country decrease the unemployment ratio in a country and in turn produce services and goods which rise the GDP.
757  Economy / Economics / Re: The value of bitcoin? on: May 30, 2018, 09:17:11 PM
As long as the bitcoin value is still above $5000 I still feel it is a reasonable value, even though I can say it is pretty high value. So with the decline in bitcoin prices right now I'm still relaxed to deal with situations like this.

What does it fundamentally change for you if it drops below the $5000 level? It seems that you aren't really that interested in the short term market. If you are a miner the value can matter, but if you're a swing trader it doesn't because it's just the volatility you are after. I never get it why people interested in the long term worry or think about the short term value that much. It doesn't make any difference for me if we drop to $5000 from here or break through $10,000. I don't have targets set I plan to sell at. I just want to ride this market out till we come to a point where the market is so insanely overbought, that the only right thing to do is to sell. Last year's peak is a perfect example of what I am talking about.
The price of 5000 is probably only relevant to him because he probably bought bitcoin at that price so as long as the price remains above that point he is not worried because he's making profits but that is just a guess because otherwise I cannot see how a particular price of bitcoin should hold that much of a relevance, I am a long term holder and I do not really care too much about the short term variations in the price.
Although in today's date the value of bitcoin is not high but still it is recovering at a slower rate.Bitcoin's value depends on the forces of demand and supply.So if the demand is more then ita price will rise or vice versa will happen if the demand falls.Another factor is investment.The amount of investment done in bitcoin also leads to increase or decrease in price of bitcoin.People holding their bitcoins,selling or buying them also contribute to the volatilty of bitcoin.I think bitcoin will again rise high this year and will create new records again.
Gone are the time when Adam Smith ruled over the market and economic laws. He is history because he had so many faults and flaws in his books regarding the great depression so you cannot really rely on his theories. Bitcion has a promising future and can only be affected by the market invisible hand and the demand and supply stuff.
758  Economy / Trading Discussion / Re: How to become a trader? on: May 29, 2018, 10:25:02 PM
to be a trader to know is that you must know about good trading and can read the market well so you will know the right time to buy or sell and get profit, learn from your experience and from people who have success in trading
To become a good trader, first of all you need to become a wise observer and intelligent and learned market student. By this I mean if you want to do well in trading, you need to enter the market with full preparation. Meet the eligibility of rational individual who knows everything about the market. These are actually the things that help you reap good money in the end and enjoy the fruits of good decisions.
759  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price recovering slowly on: May 29, 2018, 10:10:17 PM
Now we can see fierce competition from the EOS. According to unconfirmed data, it was EOS that described today's drop in the price of the Ethereum, selling a huge number of coins at a time. Nevertheless, I believe that the Etherium will update its historical price records next year.
The prices have started recovering in the market and this recovery has so many reasons few of which are that it is going to be profitable in future or in the end of the year no mater how low the current price is. The other thing is that ETH has both low prices and a bit stability in the prices as well; it is definitely going to give good returns if invested in it right now.
760  Economy / Trading Discussion / Re: How Much Should You Invest in Bitcoin? on: May 29, 2018, 09:42:44 PM
It depends on your personal financial position and how much risk you are ready to take when it comes the investments. But I would say that investing small amount in the begining would be the safest way to trade.
You can spend any amount in Bitcoin. You do not need to buy a full Bitcoin and can also invest in fraction. In my opinion, and if you are a newbie and are entering the market, try investing a little money and just taste the crypto market. This will give you good exposure and will enable you understand the market situation and how to modify your strategies and response to the crash in the market.
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