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161  Economy / Speculation / Re: What kind of price movement do you want for Bitcoin? on: June 25, 2018, 06:05:14 AM
What I wanted was in 2017, where every month the price of bitcoins rose until the december. It's a great opportunity to recover all my losses and all the blame for not holding bitcoins. So if this happens again, I will not miss it anymore. And I keep buying bitcoins.

If that's the progress we wanted for bitcoin, therefore we need to have more patience in waiting for the exact moment we will be able to achieve that price same as 2017 did. In recovering that loss we had, everybody should develop a principle of not letting go of their bitcoin holdings and learning to be more patient in times of uncertainties. When there's an option to save more of those bitcoins, then go on and always stay calm and chill.
All I want for the Bitcoin is to see it moving constantly and this would be very good for us if we see it moving up constantly and to gain stability. This will make the people to invest here without any hesitation and they will come to a position of not losing anything but all they get will be profit. The market has been going unstable and if it becomes stable then the demand rate will increase more.
162  Economy / Economics / Re: What is bitcoin backed by? on: June 25, 2018, 05:35:08 AM
However, Bitcoin doesn't come out of thin air since there's a lot of effort and cost involved in the mining process.

That's always mentioned during the debates whether or not Bitcoin is good. A lot of economists say that mining is a process which wastes a lot of energy. Printing bills and the distribution of them needs also a lot of energy. Not to mention the banking system which needs a huge backbone. Some people say that the solution is simple - change PoW algorithm to something like PoS which doesn't need as much electricity. However, every solution has its own disadvantages.
Bitcoin is decentralized and is not backed by technology that makes it safe and secure. Besides, it is not controlled by and authority. But the statistics shows that a huge portion of the population using Bitcoin belongs to America and this portion can actually act like a Whale in the Bitcoin market.

They can actually manipulate the prices of Bitcoin. Besides, the technology is transparent and the time when Google and Facebook banned the ads, the technology has eliminated the threat of fraud as well.
163  Economy / Economics / Re: why do people agree to pay taxes? on: June 23, 2018, 06:20:12 AM
For everything in this life you have to pay. This is how the world order is organized, that not only officials of all ranks live at the expense of taxes, but also socially unprotected layers of the population, social infrastructure is being built-schools, hospitals, roads ... pay salaries to doctors and teachers. The main thing is that the state had a mechanism to counteract corruption with the state's finances, and officials were personally responsible for exceeding their authority and abuse of power.
Tax payers should keep in mind that it is your money and your investment besides other businesses and lands. Do not let the government to interfere in your investment or money as we know that it is a currency where your investment is and not asset so tax can not be implementing on your currency. You should oppose government in this regard in order to keep safe your money.
164  Economy / Economics / Re: How to calculate profit on: June 23, 2018, 05:48:00 AM
Suppose an android phone purchased at a price of Rp.2.000.000, - then resold at a price of Rp.2.300.000, -. Then sales profits can be calculated in the following way.
Profit = 2,300,000 - 2,000,000 = 300,000
So the sales profit is Rp.300.000, -
Simple as ABC. Unfortunately in the case of the OP, he is not even making any profit at all since he is selling back for the same amount. I would have actually called that break-even but for the fact that he is going to be paying some transaction or trading fee, apparently, he is going to be at a little loss which would depend on the trading fee of the exchange he has decided to use.

This is basics, which anyone should know at this stage and for someone that could open an account on this forum, should simply be a teenager or an adult, and asking this kind of question? #SIGHS!#
It is a very easy thing to calculate your profit if you know how to make profit which is not easy for which you need a little struggle. You should learn to handle and run your crypto investment and if your desire place is the Bitcoin then you should know that this is a long term investment. You will make money here by investing in it in its low market so that at the end you get maximum profit.
165  Economy / Trading Discussion / Re: Insurance or cryptocurrency investment? on: June 20, 2018, 06:22:31 AM
Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation. 
I'm sure some insurance companies have their own advantages, so I do not know if it's better or worse if you keep your money in insurance, but in my view it's supposed to give a profit regardless of how big the company is. if you choose cryptocurrency I just think you need to know the fluctuating market situation.
In my opinion, go for crypto investment because of so many reasons. I have been reading about so many companies that have high default risk and people do not know about it and simply invest their money there. This keeps you at the danger of waiting game.

Some times you have to wait for your money even days and the documentation process often take hours. An investment in Bitcoin rather is much easy and profitable and a sharp minded man will set aside the current risk and will go for the future profit.
166  Economy / Economics / Re: War on cryptocurrency! on: June 20, 2018, 05:52:01 AM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Some people are saying that the reason why government is against Bitcoin and other cryptocurrencies is because it is affecting their economy negatively. Well, it might be true, but I don’t think that is the main reason for their actions. They are doing this because they are not getting any tax from it.

All these greedy politicians, they are always looking for ways to fill their pockets and not help the country. That’s why they should never be allowed to control cryptocurrencies, cause if they do, we are finished; they will be worst than hackers and scammers.
167  Economy / Speculation / Re: Why is a constant rise in the price of Bitcoin, important? on: June 19, 2018, 05:47:34 AM
Obviously, it is important because at some point those who buy at low really need to wait for the increased. With so many hodlers of Bitcoin waiting for the continuous increased and it really shows why it is so important. Also, for the sake of gaining profits which everyone wanted to.
There is still some level of uncertainty and fear everywhere whether we like it or not, and most long term holders are always looking for a way to be assured that this is still a market that is going good in terms of value based on what they believe.

However, they have forgotten it is a market and things will not always be that way at least not for now when bitcoin is still more of a speculative asset. Nevertheless, the fact remains that it is still doing great and increasing year in year out.
168  Economy / Exchanges / Re: what is the best exchange in 2018 on: June 19, 2018, 05:13:48 AM
Binance is good.

Meanwhile, I wonder the reason coinexchange is not mentioned in the list at list. Or is the exchange worthless because I'm even planning to do some little investment there.

I believe as it is today, most people or traders will actually go for binance. By the way, coinexchange has a very low volume and that is the reason I am sure it is not mentioned, it is not like it is worthless, but you do not want to be in a position and then find it hard to get out of the position just because of the volume on the exchange.

All those things matter a lot. Asides, coinexchange, there are others, but they simply are not coming up with something good to shoot them out there.
169  Economy / Economics / Re: regulation and legalization of cryptocurrency on: June 18, 2018, 07:32:05 AM
Well the real deal with regulation is that some countries just want to control cryptocurrency because they see that cryptocurrency can be used for illegal activities. I can see the need for it in order to avoid crypto used especially in drugs and money laundering.
I would say that some governments have banned the crypto and the legalization of crypto is easy if there is the option of regulation. The government wants the economy to operate at a good level and therefore do not want any sought of illegal activities in the economy.

AS a result of that, many have banned the coin. I think regulation will be good and that it will allow the technology to expand and many people would be able to make use of it.
170  Economy / Economics / Re: Reason we pay taxes and why we should on: June 18, 2018, 06:57:29 AM
Even in an ancient time in which written in the old books Caesar asking for taxes means it was an obligations of every individuals that earning ,this is what we must do since we are capable of profiteering ,and we are the beneficiaries of everything that the government might use from this taxes

we live in a country with the rules of paying taxes as already stipulated. do not make it a burden, but with our taxes will prosper together, because there is a guarantee of education, health, etc

I agree with you men and additional about that ,we need to pay patex because is a obligation in every people living in your country. The money that they earn in taxes can help in many ways.

Because government only asked for atleast small part of our income ,so why bot give if forhe progress of each economy
Exactly that is how it is. The government has to use the taxes from the people to the thing running and income tax is the tax they charge the people directly. Sale taxes also go to the government when we pay for the goods and services we buy.

These taxes are used by the government for the mutual benefit of the people by which I mean to say the government provides the masses the basic facilities.

171  Economy / Gambling discussion / Re: Online Gambling Versus Traditional Gambling on: June 18, 2018, 06:17:26 AM
What are the differences between online and traditional gambling ? Which you like the most and why ? In my opinion both the types of gambling have got their own advantages and disadvantages. You can try both for some time and then choose one based on your convenience.
I live in a place where it will take me 2 hours driving to reach the nearest casino (traditional brick and mortar) and before I even enter the place I would need to go through a lot security checks and I have to show them that I have enough money to spend before I can come in. This is one of the reason why I would rather play online than in real casino. I don't need to dress up and no one knows that I gamble since I do it inside my man cave. 
I guess the fact that it is easy to access online gambling which allow people to keep on with their gambling spree makes it more enticing and the reason it is an industry that is growing hugely fast.

Although, I have the feeling that no matter what in terms of experience in the real life and in terms of entertainment and fun while gambling, casinos, will still give more of that feel than online gambling 100% of the time which makes the experience totally different.
172  Economy / Gambling discussion / Re: how long you can stay without gambling? on: June 18, 2018, 05:19:39 AM
Some of the gamblers are addicted so much to these casino games so they can't stay without playing even a single day.

I can stop completely without gambling and can control myself.

How about you and how long you can control yourself for not playing these games?
Thats a kind of situation is with me cant stay away from gambling a single day.As long as i have money in my account i continue to gamble and i cant stop myself.I keep gambling until i loose my money then i stop...that is a strong addiction and i am trying hard to stop that.

You have noticed your addiction already and you are now trying to stop. It is indeed hard to do but at least you should try stay away for a while without it. You say you cant stay away even a single day, then you should try to gamble once a week or once per few days only. Dont you have any other daily activities that requires you to spend many hours a day like working in an office or something else?
As much as being addicted starts from the mind, I believe stopping also starts from the mind. Sure, it is not easy but as long as a gambling addict is ready to want to make amends to stop, they will always be ready to do everything in their power to achieve that.

The impulses may not be easy to get thrown out just like that, but with patience, dedication to improving, it should be easy. As long as you have daily activities to take your attention away, staying away from gambling or how long you do would not really matter.
173  Economy / Trading Discussion / Re: Is it chance to jump in? on: June 16, 2018, 06:11:03 AM
although the price already increases, but this time still a good time to buy bitcoin before the price back to increase again. but the price can get down again if something happens and can back to the price in yesterday so you need to check the price in the market first before you buy. so you need to be careful to decide something and don't make a one-time decision only if you think the market is not unstable.
Even if the market value of the coins has started to recover but still they haven’t recovered much and that the market value of the coins is still too low and that this is the best possible time for all those who want to jump into different crypto currencies as they will now be able to get the crypto coins at much cheaper rates. This will then help them in making more money at time when the market will turn green.
174  Economy / Gambling discussion / Re: how long you can stay without gambling? on: June 13, 2018, 06:50:15 AM
i think i can live without gambling it's been 6 months since my last gambling session and i dont get the urge to gamble again it's not a problem for me anymore and its pointless to gamble if you do it to entertain yourself as there are alot of ways to entertain yourself.

that is great for you and you have a good control of yourself to not playing gambling. I realize that for some people, it is difficult to do but if they can keep trying to not playing gambling, I think they can leave gambling once for all. yes, I agree that we have another ways to enjoy our life and entertain our life and we don't have to play gambling.
It is very good if you have control in gambling which is very necessary and important for your capital. If you have limit in gambling which is also a good strategy then you should have control and should not play in hurry and in panic situations. If you are not a person of patience and control then you will face with loss while gambling you will need to be cautious and to play wisely.
175  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 13, 2018, 06:16:49 AM
Personally I like to watch the matches of teams whose games we can't really watch anywhere else except the World Cup, such as Saudi Arabia, Iran, Panama, Senegal etc. What about the winner of the Cup, i'd predict that it will be either Brazil or Germany
You can see the matches of these countries also by going to live streaming of these countries where you would easily see matches of the clubs at these national levels but I think once you will see these matches, you would never ever wish to watch these matches again because these matches haven’t anything interested for which you should watch them again.
176  Economy / Economics / Re: why the state does not print a lot of money? on: June 12, 2018, 05:37:47 AM
perhaps because the state does not want price inflation because too much printing state money, when the money is created a lot of countries will certainly be destroyed.
States are able to make money by increasing their exports and decreasing their imports. The more a state exports, the more will be the inflow of money into the economy and as a result the more will the state earn. This means every state should increase her GDP and GDP can be increased by producing more goods and services. The more goods and services a state produces and export, the more it earns.
177  Economy / Economics / Re: How can we make this world economically better? on: June 12, 2018, 05:04:48 AM
Bitcoin and cryptocurrencies can make this world better place it can help for poverty and help for finding new jobs and new  entrepreneurial opportunity for young stares so it is new age money for digital world
This world can be made economically better by using some beautiful concepts of economics called redistribution of income and taxation. Redistribution of income is a concept in which the income is redistributed among the people by the process of taxation.

This redistributed income goes in to the infrastructure and hospital and road etc that is the basic facilities of life. Having said that, I believe the world can be made economically better if the gap between rich and poor is reduced.
178  Alternate cryptocurrencies / Altcoin Discussion / Re: How to hold coins in 2018 on: June 11, 2018, 07:20:58 AM
Technical analysis is not the most important factor, it only helps us to know the most appropriate point. As a result you have bought a lot of pennies at a very good price.
Holding of the coins is not that much difficult thing as most of us think of it to be. The only thing which matters the most is your own personal interest and the knowledge which you have regarding the coins which are most suitable for holding and other than that, your patience level. You can do that quite comfortably but for that you must choose some strong wallet and that you must hold some good coins.
179  Alternate cryptocurrencies / Altcoin Discussion / Re: Keep these things in mind when you are into crypto world on: June 11, 2018, 06:17:20 AM
A lot of scams in a cryptoworld and if you didn’t make any effort to study the project you’ll be a victim of scam, let’s keep our money always on the safe side even the risk is high.Must check press release, team member detail, contact them before investment.
It is unfortunate but the amount of scams in the world of cryptocurrencies is not decreasing but it seems the number of scams is going up instead and that bothers me but there is nothing to do this is a free market and people are free to create as many projects as they like what people need to do is to stop investing in all of those projects just because they promise they are going to surpass bitcoin.
Well you are right scamming is an issue in the market of crypto currency but I think it has a lot of solutions and we are yourself responsible for it, why we give someone a chance to come and scam my bitcoin, so it is all about care at early investing, try to make sure your are safe while investing and don’t put your money anywhere blindly so you will never get such scamming issue. I am sure bitcoin is more earning than scamming buy you just need to earn it well.
180  Economy / Trading Discussion / Re: Is this right time to re-enter into Bitcoin? on: June 09, 2018, 10:39:28 AM
Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment

Bitcoin is a long time hold and entering at price below $10k is always good because when the bull run starts, we should be looking at a rise above the all time high of close to $20k
Yeah I think this way we are investors so we should know how to deal with it, price is best for investing if it is below 10k and I am sure it will rise very soon, so inter bitcoin right now and don’t be late any more, we have some strategies and rules about bitcoin investment and buying low is one of them so as now day price is low so buy now and hold it for long term to get profit.
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