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1  Economy / Services / Re: 👉[OPEN] ▄■▀■▄🌟Bitvest.io🌟 - Plinko Signature Campaign, Member+ {Funds Escrow] on: October 17, 2023, 03:12:25 AM
User: zanezane
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2  Bitcoin / Bitcoin Discussion / Re: Purpose of purchasing bitcoin! on: June 05, 2023, 04:24:44 PM
just to simplify what is the purpose of purchasing bitcoin. People buy Bitcoin for different reasons like using it as an investment, to store value, as a payment method, for faster and cheaper remittances, or due to interest in blockchain technology.
3  Bitcoin / Bitcoin Discussion / Re: blockchain question on: June 05, 2023, 04:20:55 PM
Hi

I send 130 dollars someone.  I check blockchain the transaction.  And i see "Amount"  and "Output Value"  and "To"   arround 170 dollars.    But i only 130 dollars send.   This normal?  Why see 170 dollars?
I think when you send a transaction on the blockchain, the "Amount" field represents the specific amount you sent. The "Output Value" field includes not just the amount you sent but also any change generated during the transaction. The "To" field displays the recipient's address. If you see an output value higher than the amount you sent, it's likely due to change being returned to your own address. This is normal, as change is often involved in transactions, but still i am not sure.
4  Bitcoin / Bitcoin Discussion / Re: Don't Force Your Children to Learn Bitcoin on: June 05, 2023, 04:14:42 PM
When it comes to teaching children about Bitcoin:

1. Consider their age and understanding.
2. Start with basic financial skills before introducing complex concepts.
3. If they show genuine interest, provide age-appropriate resources.
4. Teach them about risks and responsible behavior.
5. Emphasize diversification and long-term thinking.

Overall, make sure the education is gradual, tailored to their age, and encourages their curiosity.
5  Economy / Economics / Re: How can we improve our country's economy by on culture or ecosystem? on: June 01, 2023, 05:29:26 PM
So you are saying that financial education and awareness are important for improving the economy. In some cultures, people prioritize saving money, while in others, they focus on investing. Promoting a balanced approach can have a positive impact. It's crucial to provide education about investing in areas like the stock market and crypto trading, but also emphasize the risks involved. Understanding both fundamental and technical analysis is valuable, as they serve different purposes in investment decision-making. Emotional control is essential in trading, and it can be developed through education and practice. Overall, a comprehensive approach that considers cultural differences, risk management, and psychological factors is necessary for economic improvement.
6  Bitcoin / Bitcoin Discussion / Re: Dad's retirement money is invested in Bitcoin! on: June 01, 2023, 04:35:24 PM
For me, you should pay attention that investing retirement money solely in Bitcoin is risky due to its high volatility. It's important to diversify investments, consider long-term outlook, assess risk tolerance, and lastly seek professional advice before making any investment decisions, especially with retirement funds.
7  Economy / Speculation / Re: Opportunity to buy on: June 01, 2023, 04:24:08 PM
Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?
You're right, investing in Bitcoin can be risky because of its price can change a lot. While some people have made money from it, there is still no guarantees. The market is so unpredictable, and it's hard to know what will happen. Bitcoin's long-term potential is debated, so it's important to learn from experience not just by experience but also doing some research.
8  Bitcoin / Bitcoin Discussion / Re: Do you think low processing fees is more beneficial for merchants? on: May 30, 2023, 06:44:39 PM
Processing fees are the costs that merchants pay to payment processors or financial institutions for handling their customers' electronic payments, such as credit card transactions. Low processing fees benefit merchants by saving them money, giving them a competitive advantage, increasing sales, satisfying customers, and improving cash flow.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin or banking investment? on: May 30, 2023, 05:08:19 PM
Bitcoin:

-Potential for high returns
-Decentralization and limited supply
-Volatility and risk
-Regulatory and security concerns

Banking Investment:

-Stability and security
-Lower risk
10  Bitcoin / Bitcoin Discussion / Re: Bitcoin and it Media Channel Uniting the World on: May 30, 2023, 04:42:34 PM
Bitcoin and its media channels have brought people from different countries and backgrounds together. It allows anyone with internet access to participate, promotes financial inclusion, enables borderless transactions, and fosters global connections. The active online community on social media platforms facilitates information sharing and collaboration which is a good thing to boost bitcoin's reputation.
11  Bitcoin / Bitcoin Discussion / Re: Do you feel bad while paying with BTC? on: May 28, 2023, 11:46:39 PM
Bitcoin operates without a central authority, providing decentralization, and offers secure and private transactions which is a good thing using a Bitcoin to pay. It also generally involves lower fees, especially for international transfers, and is accessible to anyone with an internet connection. Also, some view Bitcoin as a potential investment opportunity due to its growth potential. But there are some of disadvantages of it, like its value is highly volatile, making it challenging to determine the true cost of goods or services. Its rare to have merchants accept Bitcoins, and transaction are generally irreversible.
12  Bitcoin / Bitcoin Discussion / Re: Why the disagreement between the Government, Bank and Bitcoin? on: May 28, 2023, 11:09:29 PM
On the contrary, why do Bitcoiners quarrel with them? knowing that they, Government and Bank, got no strong evidence to tarnish the image of Bitcoin completely. I think the quarrel will make Bitcoin very famous to the extent that both opponents will have no other option than to submit to Bitcoin.
I think, their difference base on the differences in ideology, control over monetary systems, regulatory concerns, and the risks associated with cryptocurrencies. Bitcoin's decentralized nature challenges the traditional control exerted by governments and banks over financial systems. Governments and banks worry about potential illicit activities facilitated through cryptocurrencies and the volatility of Bitcoin's price. On the other hand, Bitcoin enthusiasts believe in the importance of financial freedom and view Bitcoin as way to reduce reliance on traditional financial institutions.
13  Bitcoin / Bitcoin Discussion / Re: Educating unemployed friends about Bitcoin on: May 28, 2023, 10:39:29 PM
Hope you guys can give me proper feedback on this and help me move forward in helping them.
I would not suggest investing to Bitcoin using their save money, it is very risky. There is a golden rule that " invest what you afford to lose " it looks like your friends is going to lose money because of the unstable price of bitcoin. Or they will gain, its the investor risk to take. But if you are so eager to teach them just to give them knowledge I think its ok, like common knowledge, how does bitcoin work and some technical of bitcoin. Let them know that Bitcoin isn't about just gaining money.
14  Bitcoin / Bitcoin Discussion / Re: Trust in cryptocurrency? on: May 26, 2023, 03:34:51 PM


I agree 1,000%! People are always going to stick with what's comfortable to them until it's taken away from them. Real estate and gold are better than fiat to me. I'll commit 100% to bitcoin if I was allowed to use it everywhere.
I agree, investing in fiat is not typically considered a good long-term investment strategy because of its lose value over time due to inflation or any other factors. As you said it's better to diversify investment across different assets like Real estate, gold and cryptocurrencies to protect against inflation and potentially earn higher returns. But consider the risk you will take investing.
15  Bitcoin / Bitcoin Discussion / Re: Is bitcoin bonus real or a scam? on: May 26, 2023, 03:08:53 PM
Bitcoin bonus is a website that claim to user can earn bitcoin for no cost. But user now have a question is bitcoin bonus real or a scam. These days people are caught in scams specially online scam so people are scared to believe online website. But bitcoin bonus is well updated website and designed and developed by professional people. The first bonus given to new comer is $5, which is a catch here, why would anyone give money just for signing up on website.

I dont get the logic why would a site give to a new comer, but I get the fact when a promoter tries to promote it and when using their link will give you that 5 dollar. A promoter will gain percentage to those who spend using their link, looks like this bitcoin bonus doesn't have that kind of tech. If some called out that this link is a scam, maybe its truly a scam maybe they experienced being scam by that website. Also, just to make new users aware and to be careful to those scam sites. They will not give free money without return.
16  Bitcoin / Bitcoin Discussion / Re: Can you give one reason why I should buy bitcoin? on: May 25, 2023, 02:25:27 PM
Only invest in an asset you're very familiar, understand and can accept the risk, if you force yourself because of someone ask you to invest in Bitcoin, you're do a very wrong step. But I can say Bitcoin is the best currency and might the best asset nowadays to invest.
I agree, take yourself some time to think if you are willing to take a risk. Why not study the Bitcoin before you buy, we investors should know where our money is going. We dont need to give you a reason to invest / buy Bitcoin, we are not promoting bitcoin. And if you are planning to buy just be careful and goodluck investing your money.
17  Economy / Speculation / Re: Is the bull run near already? on: May 25, 2023, 02:12:54 PM
Some people might see this as a positive development, as it could lead to increased regulation and oversight of the cryptocurrency industry in China. This could help to protect investors and prevent fraud. Also, it could help to legitimize the cryptocurrency industry in China, which could lead to increased adoption.

The impact of this development will depend on how it is implemented. If the government is able to strike a balance between regulation and innovation, then it could be a positive development for the cryptocurrency industry in China.
18  Economy / Services / Re: [Relaunch] Sherbet.com 🍭 Signature Campaign | Reward up-to $130/w on: May 25, 2023, 02:06:23 PM
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19  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Fiat - the Difference That no One Talks About on: May 25, 2023, 10:11:44 AM
This post is very long for your first post, some members here will get tired reading this post. You can just simplify it like, Bitcoin and Fiat are two different types of payment system. Bitcoin is decentralized system that uses cryptography to secure transactions, while fiat is a centralized system that is backed by the government. Bitcoin is not reliable to store of value. It is more a speculative investment, and we people should only invest in it if they are willing to take on the risk of losing our money.
20  Bitcoin / Bitcoin Discussion / Re: Bitcoin retirement benefits on: May 24, 2023, 11:42:54 AM


I hope you know that investment risk can only be managed and reduced, but it can't be completely eradicated no matter which form of investment it is, so the same thing is applicable to Bitcoin. No matter how long it stays, it will only gain more popularity and approval from those criticizing it, and some Bitcoin racists will turn their backs on it and become Bitcoiners, but that will not change its volatile nature, which puts your investment at high risk, especially when you buy at a higher price.

once invested, there is always risk, whether it is gold or real estate, two types of assets are considered the safest ever due to their popularity.  but if you compare bitcoin with these asset classes, it is clear that bitcoin is much riskier because it is not yet widely available and has not been recognized by the majority of the world. Those who participate and accept bitcoin represent only 2% of the world population, showing that bitcoin is actually much more risky.
Bitcoin is a long term, depends on you how will you handle it but keep in mind that the Bitcoin's price is not stable. I agree to you that is bitcoin is riskier than other assets, no one can tell its price in the future. There are still don't know about bitcoin and some are still confused what is bitcoin. It is good to start sharing knowledge to those are interested. And the fact that the Bitcoin is decentralized is getting more risky.
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