Bitcoin Forum
January 28, 2023, 02:23:37 PM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Economics / China economy and how they handle Covid-19. on: June 28, 2020, 11:24:12 AM
We all know that the root of this pandemic are those Chinese people who eats exotic food. The first case of Covid-19 was in Wuhan, China, the markets there are in a lockdown and closed after they try to sell horseshoe bat where the new strand of corona virus came from. We all know that China has a strong and rich economy due to their love for money.

China's approach toward this virus is really precise and effective as they are minimizing the rate of transmission of this Covid-19. They are effectively slowing the number of cases and right now, they have only 415 active cases as of June 28, 2020, based on this link

Maybe the factors that help them to have a stable economy are:
1. Chinese people are really disciplined, they are not going outside but still can pay taxes.
2. They strictly following the rules and laws implemented by the government.
3. The government is prioritizing the health sector above all other sectors.
4. Properly allocating the budget for this pandemic.
5. We all know that China is the number 1, manufacturer of face masks, gloves, alcohol, and test kits.

By that factors, these will help them handle this Covid-19 properly and as well as controlling their economy to prevent some downward movement. Being a communist and huge country is really a good advantage as they control how money regulates in their country. Man power toward production of goods are really strong as they have the largest population.

Do you think each and every country can achieve this kind of approach to this pandemic? Can they recover faster from this struggle economically?
2  Economy / Economics / Rise in US unemployment. Thoughts? on: June 21, 2020, 05:55:11 PM
According to the news, there is an issue related to a suspension of visa for workers that Trump administration is looking forward to happen. Some workers are unable to have work because unemployment is their prioritize right now due to the risk of getting the virus. US economy is not that stable enough and they are still having a hard time to make their economy grow again. This coronavirus makes the administration become more careful in employing workers so that they can minimize the growth of this virus from their country.

"No matter how you slice it, this is shaping up to be a big win for American workers at a critical time," said RJ Hauman

This will make a big way to some other concerns or issue related to their businesses and economy. The Trump administration should consider other options that will give some benefits on those workers who will not given a chance to employ.

But plans for the order have already raised significant concerns among business and industry groups, as well as universities who depend on foreign workers and scholars.

The order would, however, make broad exceptions for travel in the national interest, including in the areas of economics, public health and national security.

What are your thoughts about this? Do you think that US will have an advantage on not employing workers due to this pandemic?
Will their economy be affected by this suspension on high-skilled worker's visas?

3  Economy / Trading Discussion / Small assets, trade or invest? Good decision? on: May 17, 2020, 10:20:40 AM
As a trader, it is normal for us to encounter difficulties while engaging a lot of trading platforms and I know that it is not easy for us to overcome it.

There's the time where we almost lose all our money in trading and we only have a certain small amount of money. Some people are still risking it and some are saving it for future errands.

I remember when I chose to trade, I experienced a lot of struggle as I lose a certain transaction and regret it afterwards,
but I never stopped and instead I continue those transaction because I got a lot of profits sometimes.

But then I realized that it I want a long term source of profit then I switched and engaged with crypto investment. I found it really beneficial for me as I want to become more futuristic,
although the progress is not that fast but I think that it is much safer for me to invest here.

Do you think this is a good decision? I know that most of us are struggling in trading, could you give us more idea? And what are your thoughts about this?
4  Bitcoin / Bitcoin Discussion / Bitcoin Halving's Effect to miners on: May 14, 2020, 03:16:24 PM
We all know that every four years, bitcoin undergo the process of halving and it is the third time in its history. This year 2020 halving make the supply of bitcoin mining block which is 12.5 BTC to 6.25 BTC. Every four years, bitcoin mining block always becomes half like in 2012 from 50 BTC to 25 BTC, in 2016, 25 BTC to 12.5 BTC, this year is the third halving period.

Miners are really having a hard time to continue mining due to some sort of insufficient devices and higher cost of expenses in mining. Some miners are willing to shutdown creating or gathering new bitcoin because of outdated devices. It is not that easy to replace those old mining devices and it will surely costs a huge amount of expenses to update or replace them.

According to mining pool Poolin’s vice president, Alejandro De La Torre, a number of unprofitable miners had already begun shutting down their equipment before the Bitcoin halving on Monday.
The most vulnerable here in halving are those miners who don't make enough money to sustain themselves in mining industry. That's the reason why some miners choose to invest in bitcoin rather than mining it. They already shutdown their devices before the halving because they know that if they still continue, they will probably fail due to lack of equipment.

What are your thoughts about these miners shifting to bitcoin investment? Can they find it much effective than mining bitcoin block?
5  Local / Others (Pilipinas) / Road to SENIOR MEMBER!!! on: April 07, 2020, 04:50:16 AM
First of all, I wasn't expecting that sooner I'll become a senior member, especially with the help of our local members who really support me to attain this turning point in this forum. Each and every one of us have different goals and milestone that needs to achieve, it depends on how you will execute just to fulfill that objectives. 

Sa totoo lang, kung hindi dahil sa inyo hindi ko makakamtan yung ganitong point sa forum na ito. Maraming salamat sa lahat ng patuloy na sumusuporta sa mga posts ko. Sana lahat tayo dito magtulungan para lahat tayo maggrow at matutunan yung mga bagay na dapat pa nating matutunan. Hindi madaling magrank up lalo na't minsan may mga taong hinihila ka pababa pero maraming salamat parin sa mga taong nageencourage and nagmemerit. Naalala ko noon nung August 2017, sa taon na to hindi ko alam kung pano sisimulan hanggang sa natuto nalang ako ng natuto mula sa iba't ibang local members dito.  Huh

Ang pinakanagustuhan ko dito ay yung mga discussion na napakacritical, lalo na yung mga topics na maganda yung content. Noong nakakakita at nakakabasa ako ng mga ganon, lalo ako nainspire maghanap pa ng marami pang impormasyon at dun na nagsimula yung pagkatuto ko dito sa forum na to. Lumawak yung mga nalalaman ko at yung pagiisip ko tungkol sa mga bagay bagay sa mundo. Ang kailangan mo dito ay informative na posts, yung content na napapanahon, yung mga topic na kung saan lahat makakarelate at may maibibigay na opinyon.

Kung naguumpisa ka palang, wag na wag mong iisiping sumuko lalo na't hindi mo pa nararating yung gusto mong mapuntahan. Kapag nagsimula ka sa pinakamababa, asahan mong wala ka ng ibang pupuntahan kundi ang paangat lang. Hindi mo naman kailangan magmadali, kailangan mo lang palawakin ang isipan mo at patuloy na matuto. Lahat naman ng Hero member o Legendary member sa forum na ito ay naranasan ding maging newbie. Basta't lagi mo lang gagawing informative yung posts mo para maenlighten din yung ibang member dito sa mga topics na pinost mo.

Kapag nanotice yung posts mo at nakita nilang deserve mo mabigyan ng merit, maging patient ka lang. Ibibigay nila ang merit na nararapat sayo galing sa mga local members dito. Lahat naman siguro ng tao marunong umappreciate ng gawa ng iba, hintay mo lang at darating din yung breakthrough mo.

Uulitin ko, hindi ko makakamtan yung pagiging senior member kung hindi dahil sa inyo kapwa ko local members. Thank you sa inyo, sana pagpatuloy lang natin yung pagappreciate sa posts ng iba.  Cheesy  Cheesy  Cheesy Hoping na sana ay marami pang magagandang mangyare this 2020.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!