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41  Economy / Economics / Re: Why people scam on: April 18, 2018, 12:57:35 PM
The reason why people scam is because they want an easy money in which sometimes they choose money vs. friendship, morality and even dignity just to have that instant money. For those people who do this kind of job, they are happy to have more money without thinking the consequences they might encounter at the end. They don't even want to work as hard as others can just to earn for a living.
42  Economy / Economics / Re: Can Bitcoin solve the worlds problem? on: April 17, 2018, 11:58:42 AM
Hello everyone!


Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

This invention of Satoshi Nakamoto incredibly stunning us, Bitcoin known as a revolutionary invention.

Can Bitcoin solve the worlds problem?



In my opinion, it is very impossible to solve the worlds problem. One of the problems maybe, and it is financial problem. But not totally because not all people have knowledge on how to use computers and to access in business related to bitcoin. It can help and maybe one of the reasons but not totally the only one that can solve worlds problem.
43  Economy / Economics / Re: why bitcoin is banned by the government on: April 17, 2018, 11:35:49 AM
is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz Grin Huh

Maybe because it is highly encrypted and highly confidential with regards to identity that whatever happens, there is no other way or reason to investigate since there is no information to use for during investigation. Secondly, it is not yet legalize in some other countries because it takes so much time, money and effort before it happens and there are so many things to consider with.
44  Economy / Economics / Re: Wonder how many people can hold BTC for more than 3 years on: April 07, 2018, 05:56:43 PM
BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley

There are a lot of people holding Bitcoin but I can not predict how many are they. They are enjoying the fruit of their investment and has an amazing and unbelievable profit at this time. This group of people are real investors for such making their investment as a long term one and I admire them for their patience to wait until they are decided to sell at the desired amount and maturity they settled for that investment.
45  Economy / Economics / Re: Do you think that bitcoin can reduce corruption? on: April 07, 2018, 05:40:24 PM
I think it can reduce corruption in dealing with Bitcoin transactions only because there is no third party involve and the transactions is directly to buyer and seller only. But corruption in general, I don't think it can help to reduce corruption because corruption is one of the biggest problems in a country involving so many undocumented transactions.
46  Economy / Economics / Re: wait for bitcoin prices to go up on: April 07, 2018, 05:31:24 PM
will this year be the same as last year's year after the Chinese New Year's celebration of the bitcoin price rises again and even exceeds the previous high, I expect bitcoin to rise from this decline, and we as users should be able to keep the price in the way we do not panic at seeing a price drop because this is all just a matter of time

can bitcoin rise after the turn of the new lunar year later?

No one can tell what will happen next. But base on experience and market history, I believe that Bitcoin will recover as soon as possible. We should wait for the upcoming price increase and do not make panic selling because when the right time comes, there is no regret at all.
47  Economy / Economics / Re: Stock market vs. Bitcoin??? on: April 04, 2018, 02:51:01 PM
Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!

First, we have to study the differences of these two investments before we end up and jump to a conclusion and made a choice.

Stocks are not risk-free assets, it is volatile and some investors are focus on stocks because of its income that promise to pay large dividends, but their prices do not rise much. There is no doubt that some people simply are better at playing the role of a stock market investor than others. When talking about somebody who has successfully worked his way through investing in the stock market, it is never a matter of luck but rather it is a certain personal characteristics that decide how successful they are.

Bitcoins are created through mining, a process by which users can solve equations using software and earn rewards or gifts in return. Bitcoin platform is instant and fast, have online and offline wallets in which the processing fee is just enough or minimal. The transactions are transparent but the identity is anonymous and what is visible is the address only. It is highly decentralized and no authority has control over it that makes powerful and risky. But because it is risky, it involves cyber crime and theft.

Currently the price of bitcoin is fluctuating but since there is a thorough study and analysis, I think it is in the right direction that would make us prosper in the near future.

With these characteristics, you can now decide what is more profitable and safe.
48  Economy / Economics / Re: Alternative investments on: April 03, 2018, 01:47:50 PM
Aside from bitcoin what do you think is one of the best alternative investments in the economy today?

You can also invest in stock market by means of trading and investment. Or you may join and invest in the best cooperatives that will earn dividends yearly and it will also serve as your long term investment and passive income that whatever happens, rain or shine, you will have earnings.
49  Economy / Economics / Re: short term investment or long term invesetment on: April 03, 2018, 01:33:59 PM
When it comes to the investment, many newcomers or people with frequent requirement find it difficult to invest for longer amount of time. Here by short investment i mean any investment which is less than year old. That investment has been cashed out within a year. And by long term investment I mean investment which will be kept for more than year ( ideally 10 years or so).
What do you think which is more beneficial short term investment or long term investment

We make investment to secure our future while we are currently earning in the job we specialized with. So, if it is for the future, it should be in a long term investment that when the time comes that we are not capable of doing things, we have a source of income to finance our needs at an old age. So, I think long term is more beneficial.
50  Economy / Economics / Re: Reason why you should Buy bitcoin now on: April 01, 2018, 12:48:50 PM
So much so that 15% of banks world wide expect to widely implement blockchain, which is a ledger of transactions updated in real time by various institutions, by next year, according to the report which surveyed 200 global banks.

These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail payments, and reference data, which refers to the real-time information sharing of transactions across business divisions and institutions.

In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.


If this will happen in the future, so it is the right time to buy bitcoin as a preparation for the future's block chain technology for us to be  not left behind by a very high technology and for us to live competent enough in a computer generated society.
51  Economy / Economics / Re: Cashless society on: April 01, 2018, 12:39:21 PM
Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this.  Wink


A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information (usually an electronic representation of money) between the transacting parties. Cashless societies have existed, based on barter and other methods of exchange, and cashless transactions have also become possible using digital currencies such as bitcoin. However it  discusses and focuses on the term "cashless society" in the sense of a move towards, and implications of, a society where cash is replaced by its digital equivalent - in other words, legal tender (money) exists, is recorded, and is exchanged only in electronic digital form. Having these characteristics, we can live in a most convenient life that although we are in our home, we can pay bills, can buy something, can transfer accounts with no hassle on our part. Thanks to the people behind these block chain technology.

And by the time of cashless society, Bitcoin also exist as this is the first cryptocurrency that is more usable and remains in the mind of the people.
52  Economy / Economics / Re: do you really like crypto coin? on: April 01, 2018, 12:16:29 PM
I really like cryptocurrency coin because of the concept they have like decentralised, peer to peer and block chain technology. The growth prospects of crypto coin is awesome and no body or no such thing in the world gives this much profit for the investment that too in a very short span. The way crypto coin operates and the kind of technology used is nowhere matching with any technology in the world. I like and love crypto coin.

Yes, I really like crypto coin. It offers a lot of opportunities to earn that even I am a student, I have my extra income in addition for my allowance I got from my parents because sometimes I need to buy something but unfortunately I can't, because there is no money allotted for that. But now, I am so happy there is crypto coin and I am a part of it by joining in this kind of campaign. I am looking forward to more opportunities in the near future crypto coin has to offer.
53  Economy / Economics / Re: Should I stop Buying BTC? on: March 30, 2018, 04:23:53 PM
If we will follow the old trend on how to invest in which "buy low, sell high", I advise you not to stop in buying. It is the best time to invest while the price is low. No one can tell in the near future. What if the price will recover and swings up the price? Every business have a corresponding risk, that's why invest or buy only up to the extent what you are afford to lose for you to have the chance to start a new whatever happens. You can study also the trending and history to decide the best decision ever.
54  Economy / Economics / Re: Is bitcoin really secure on: March 30, 2018, 04:10:33 PM
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

I think Bitcoin is safe and secure because it was designed that way. Come to think of it, if it is not secured, why there's a lot of billionaire out there that bitcoin made. And to have an assurance of safety, we have to have a wallet where we can restore our coin to avoid of getting hacked.
55  Economy / Economics / Re: Can you start from zero cash and make a living with the opportunities in crypto? on: March 30, 2018, 03:25:25 PM
I use to start from zero cash, not only cash but also zero knowledge but then I started searching and getting information from whom I know is talented and knowledgeable with regards to crypto. After having so much practice and studying, I joined in a signature campaign like this and  now I am enjoying the benefits and fruit of my labor. I have earned just enough to support my studies and I might say that I am so blessed that I found,
other says it's, "hidden wealth".
56  Economy / Economics / Re: Why are you saying wait? on: March 30, 2018, 03:11:32 PM
In business, you have to analyze the different things involve and come out with the decision whether to buy, to sell or wait and hold what you have at the moment. Maybe the reason why we have to wait is because of the price that going down. We should wait patiently until the target price is settled and I am confident enough that the price will recover sooner. 
57  Economy / Economics / Re: Increasing number of celebrities endorsing cryptocurrency on: March 26, 2018, 03:46:28 PM
This will probably make a big difference and promotion. Cryptocurrency being endorse by these popular and well known people on their own field will make a big help in promotion because people might be curious and aware for the product they are endorsing. It will help others to boost their interest in investing in cryptocurrency.
58  Economy / Economics / Re: Money laundering tools on: March 26, 2018, 03:30:57 PM
You mean Bitcoin as a tool for money laundering? No, Bitcoin is designed to evade government entities. It is untraceable and highly-encrypted and not designed to be an instrument for the non sense transactions like money laundering. It has a unique characteristic such as scarce, durable, portable, divisible, easy to recognize, easy to store, fungible, hard to counterfeit, and widespread use, the reason why it is hard to be a tool for what so called money laundering.
59  Economy / Economics / Re: Digital Money = Cashless Society on: March 26, 2018, 03:03:15 PM
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Bitcoin is a part of digital money. How is digital money is your country ??

In my country, there are some who use digital money in their transactions because they know how to use it and that they earn money from different sources using internet. But the majority of people here don't know how to use computers and accessing this kind of system. Cashless society is good but I don't know if it is possible in my country at this time because I think it will need a thorough analysis and evaluation for the safety of all nation.
60  Economy / Economics / Re: Earnings without risks for beginners on: March 26, 2018, 01:43:59 PM
The best thing to do is to join in the campaign like bounty, airdrop and signature  like we are doing at this moment. It is not risky because you can join here without any investment from your pocket but it is not guaranteed that at the end of the campaign, there is an instant payment for what you have done because sometimes it failed. If the campaign is not successful enough, then we are sorry for that. All have wasted are your effort and time but not bad enough because there is no money involve but if the campaign will be successful, you can have an earnings without taking risks as a beginner in this kind of industry.
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