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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Are. You leaving crypto? on: June 30, 2018, 08:36:02 AM
I am seriously considering it.
There is no future in a small market cap that is pumped and dumped!

In addition, trading bots are running the show: milking everyone!

Of course i am not leaving crypto. I believe that the red market we experience is just part of the normal fluctuation. The technology is amazing so let us noy lose hope in it
2  Economy / Speculation / Re: Don't lose your faith in BTC. on: June 06, 2018, 09:23:02 AM
I need more patience and just hold not listen to FUD. Another thing is that you have that kind of mental toughness not to be tempted to sell your bitcoins. Keep calm and HODL.
Yes you're right we need patience even though the current price keep drowning because sooner or later the bitcoin currency will getting pump. I need or we need to do is control our emotion and don't panic, if you have some extra money buy some bitcoin in a cheap price instead of selling.
Let us not lose our faith in Bitcoin. We are part of the lifeline of Bitcoin. We need equipped ourselves with enough knowledge so that we will not be easily affected with the not so good news on social media or in the internet. Likewise, being knowledgeable will also prevent panic selling. So let us all hope for the best in Bitcoin and to our success.
3  Economy / Economics / Re: Reason we pay taxes and why we should on: June 05, 2018, 10:12:56 AM
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.

We pay taxes to sustain the services offered by the government. Our paid tax Also supports the improvement projects that are initiated by the government. However, the citizens are sometimes disappointed because of corruption. Our money was used by the corrupt government officials for their personal expenses. Yet, it is not reasonable not to pay tax because of this incident.
4  Economy / Economics / Re: why the state does not print a lot of money? on: June 05, 2018, 12:48:52 AM
why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
Excessive printing of paper money will change the balance of the economy. It will result to increase of inflation. Since the supply of money will increase, the people can pay a certain item or service in a much higher amount. This will result to the increase of commodities. So this is why, the supply of money is based on the economic performance of a certain country.
5  Bitcoin / Legal / Re: Dark use of Bitcoin on: June 01, 2018, 08:30:49 AM
1) Are you used Bitcoin to buy illegal staff Huh

2) which better to buy legal things  Bitcoin or Normal Bank system (PP,payeer,cash ,.............)
We can trade anything with a money. May it be good or bad things. And this can be in a form of fiat or bitcoin. So everything depends on the "values" of the owner. And I never intend to use my earnings for illegal
6  Other / Beginners & Help / Re: How educate yourself about crypto? on: May 31, 2018, 09:15:55 PM
What blogs or channels do you prefer most when you need to get knowledge about crypto, wallets and crypto market? Just found hacker noon on medium and CCN website:) Can you share more?
Searching the internet is one way of supplementing my curiosity with crypto. Also, this forum is a good way to widen your knowledge about crypto. So there are a lot of ways to know more. Internet makes it easier now a days to be knowledgeable in any topics we wanted to learn.
7  Bitcoin / Legal / Re: Singapore will not ban cryptocurrency on: May 31, 2018, 07:57:20 AM

Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.
This is another good news. This only shows that the number of countries who are appreciates the technology of bitcoin are increasing. I am anticipating that the numbers will continue to increase. And hopefully my country will do the same thing too.
8  Economy / Economics / Re: Best ways to serve Country Economically. on: May 30, 2018, 11:44:04 PM
In your opinion, what are the best way to serve country economically?
In my opinion following ways should be considered.
1. Better and free education system where everyone can get better education to achieve his/her goals.
2. Proper usage of governments funds in urban and rural areas for infrastructure.
3. Building new industries and companies to create more employment opportunities.
4. Better and free health policy for everyone.
5. Better law and order satuation so that foreigner can be attracted to invest in your country and pay you taxes and give employment opportunities.
6. Raising high standard of living by reducing inflation.

The best way to serve a country is to have a corrupt free government. There are a lot of platforms presented by the politicians which will aid the development of the country. However, the budget of these projects are being cut or limited because of corruption. So I believe, that the economy will uplift through eliminating the corrupt government system.
9  Other / Off-topic / Re: Money for school fees. Invested in bitcoin. on: May 30, 2018, 12:49:17 PM
Pl do not spend money which is allocated for a need especially school fees, very important for children schedule. We should invest what we can afford to lose and not what we cannot as investing much could also result in unexpected losses. Better take  a wise decision  and move ahead.
I totally agree. Education is one of the top priorities in life. Investing your school fees with the hope of doubling in the next couple of months is too risky. If your expectation happens, then there will be no issue. But what if it did not doubles? Or what if you lose your investment? How can you pay for it? I would suggest that you can save money or try to sell something at school to earn and then invest. But I still appreciate your intention. And I am amazed that at an early age, you are already trying to earn.
10  Economy / Economics / Re: Bitcoin and Disable person on: May 30, 2018, 11:54:31 AM
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.
Bitcoin can be a tool for anyone who would want to earn. Earning bitcoin can be done st home. So it very convenient with person with disabilities to do the work. As long as he or she is willing to learn about bitcoin
11  Bitcoin / Bitcoin Discussion / Re: bitcoin is the vehicle, we run it on: May 30, 2018, 10:18:35 AM
A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?
We should not blame everything on Bitcoin because it’s not Bitcoin’s fault. The bad things are done by the people because these people are weak. They forget their values because of greed. Bitcoin is an opportunity to achieve financial freedom. And this can be attained in a clean game.
12  Economy / Economics / Re: The Real Reason to Hold Gold And Bitcoin on: May 30, 2018, 02:17:35 AM
We need to hold both Bitcoin and gold as our asset. This may not be used now but it may be used in the future. it is beneficial to have an asset which in increase in value. So we are pretty confident with Gold because it is proven that it has an increasing value. On the other hand, bitcoin is the new gold. So I would also hold a certain amount of Bitcoin because there is a boost in price since it started last 2009.
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: how to manage losses? on: May 29, 2018, 02:12:01 PM
how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..
Do not be too emotional when it you see that the value of your coins are going down. In the first place, I believe that you knew that prices are volatile. There are risks involve in investing and there is a possibility of losing your investment. So just like what the others say, invest what you can afford to lose. Don't feel down if you have failed investment. Use it as a lesson so that you will be successful the next time around.
14  Economy / Economics / Re: What are the challenges for investment with Small capital? on: May 29, 2018, 09:48:06 AM
In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods,  or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?

The challenge for small capital is the earnings is also small. But I believe it will never be a hindrance for your success in any kind of business. As long as you are determined, for sure you will be successful.
15  Bitcoin / Bitcoin Discussion / Re: Best country for crypto on: May 29, 2018, 07:38:14 AM
Then Switzerland made a revolution.  I knew Japan is the best country for crypto and even Satoshi Nakamoto, the creator of bitcoin is from Japan too. In Japan, Bitcoin has owned ATM Booth if I am not wrong and many facilities have there. But now, Maybe Switzerland overcome Japan! Such a great news.
Yeaaah Japan it's the best country for crypto
In my opinion I would prefer Japan. Japan has been on the top when it comes to technology. they have been a technology-friendly country and now crypto-friendly too. Probably this is one of the reason that it is easy for adopt a technology like this. Expectedly, they have adopted this technology because there are more benefits than the risks involved.
16  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: May 29, 2018, 01:07:38 AM
We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?
I believe we should teach our children to how to be financially stable. That is what I have learned in one seminar I attended. Some of our parents only taught us on how to be independent but never to be financially stable or to achieve financial freedom. I just realize that the upbringing done by the Chinese parents are very beneficial to their children. They taught them at an early age on how to handle money and then later on the business.
17  Economy / Economics / Re: Bitcoin as savings, emergency needs possible? on: May 28, 2018, 10:04:52 AM
So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?
You should treat separately your savings and emergency funds. Emergency funds must be withdrawable anytime. Thus, it is safer if it is in the form of fiat. You can save first for your emergency fund. Then after that it is time to allocate your extra money for crypto investment. But I also suggest to have a mix investment. Do not invest everything in cypto because of its risk.
18  Bitcoin / Bitcoin Discussion / Re: Bitcoin have more risks than benefits? on: May 28, 2018, 09:17:52 AM
Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?


I am basically not convinced with their statement. They should have lay down the facts on what they made them conclude that there are more risks than benefits with bitcoin. How come those crypto-friendly countries adopted the technology? Of course, these countries have assessed the pros and cons of crypto. That is the reason why they have embraced the blockchain. I still believe that Bitcoin is worth the risk.
19  Economy / Economics / Re: Why do people think everyone is a scam? on: May 28, 2018, 12:36:08 AM
It seems as though there is a predominant attitude about people trying to do business that most people are scammers. We have run into this time and time again, accusing us of running "dirty" money or stolen goods.
We put ads or offers in various places saying "vetted buyer" and "respected escrow" and still get negative comments from people that don't even want to do business. They would just rather demean and abase and not add any positive thoughts.
I will say that we have had pretty good success in spite of the naysayers. Doing business in this way is new to most people and seems foreign. But we have plodded through and have achieved a success that has proved that not all are wrong.
There are people all over that are looking for honest services, and we have carved a niche for that entity. We know that there are scammers out there, but we are working to elevate us to a position of reknown.
Not all offers are scams!
Nowadays, people are being careful when it comes to offers or investments because of the rampant occurrent of frauds. And basically, we cannot blame them. They just want to ensure everything before making an investment. Thus, we also equipped ourselves with proper knowledge. So that we can explain well to those people who wanted to get involved with crypto.
20  Bitcoin / Bitcoin Discussion / Re: Government and Bitcoin on: May 27, 2018, 11:28:10 AM
Why, until now, government all over the world still doesn't trust bitcoin?

Government are afraid to change what they accustomed. Moreover, the government already have control with the current system. If they introduce a new system, probably they will lose control like transparency.
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