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August 03, 2020, 03:12:46 PM *
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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins - make your choice now! on: Today at 11:00:15 AM
In coins on top, I think I like best Binance coin. Although it does not grow as strongly as other altcoins with good news, it always increases over time. Binance exchange and the ecosystem of Binance are growing and attracting a lot of big traders. they will surely be very successful in the future and will continue to burn more coins in the near future, holding BNB now will be a great choice.
2  Economy / Economics / Re: Business / private sector is dead on: July 26, 2020, 02:09:04 PM
This is the impact of the prolonged Covid 19 pandemic.  When the disease is difficult to control, people will become more nervous, they will consume less and they will save money to invest or buy food to store.  This is the common mentality of many people right now, most service companies are losing a lot now.  We must accept the present situation and plan for the worst.
3  Economy / Economics / Re: Europe’s economy is moving faster than US economy - Covid-19 effect!!! on: July 26, 2020, 01:49:09 PM
I think this is only a short-term sign and this data is not possible to study and draw conclusions about the far future.  because in the 19 covid pandemic, American consciousness is considered to be the weakest and that has made GDP less and more businesses bankrupt.  That is why the United States is declining more clearly than other countries.  Nevertheless, congratulations to a number of European countries for having a good awareness of preventing the epidemic, hoping the pandemic will soon be contained.
4  Economy / Economics / Re: Korea proposes 20% tax on crypto trading starting 2021 on: July 26, 2020, 01:40:00 PM
It's been a long time coming but it looks like they're finally here. Crypto taxes in South Korea.
Took them long enough. Honestly they don't look that bad. it's better than the capital gains threat that was being thrown around for a while.
20% on gains, minimum threshold is $2k/year, filed under income tax, starting October 2021.

https://thenews.asia/korean-crypto-tax-amendment-sent-for-review/
wow, this is not very good news for Korean crypto businesses.  Exchanges will be the most affected businesses, and it is unlikely that Korea will have good technology businesses at crypto.  Hopefully this is just a bill and will make less tax adjustments in the near future, 20% is too big for businesses to function properly.
5  Economy / Trading Discussion / Re: Trading using someone else's funds on: July 25, 2020, 10:53:20 AM
That's a way, but to be more serious about trading, you should charge your trade fees. for example, if that person lends you $ 10k, at the end of the year you help them earn $ 16k then you will get a 20% bonus on their total profit. This is the way Warren Buffett used to use to help himself be more strict with his work. A very effective psychological lever and worth a try, hopefully you will succeed.
6  Economy / Trading Discussion / Re: 20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative on: July 25, 2020, 10:37:56 AM
20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance

I hate to bring this sad news, but I thought that everyone could learn a thing or so, specially those young traders out there who are vulnerable. Its really really sad to hear this kind of news, specially a very young kid at 20 years who ended his life.



https://www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-commits-suicide-after-seeing-a-730000-negative-balance/#5421ac305928
This is also one of the tips I give to new traders now. New traders are often very aggressive and think making money in this market is very easy, they usually start with an account with a lot of money and then they regret it. like the 20-year-old boy we are talking about, it's one of the victims of looking down on trading money. We need to know how to manage capital well and have a stable mentality. That's how we can win in this market.
7  Economy / Trading Discussion / Re: Binance exchange - blocks money withdrawal! on: July 25, 2020, 10:28:13 AM
Although I am not an insider but I dont agree with the view that Binance is appropriating customers' money. It is a big exchange and every day they make millions of dollars in transaction fees of many investors, so they try to take away your $ 280 to discredit they have built up for years? I don't think their employee systems and policies are so bad, it's likely that the problem is with your account. They just want to confirm so that the real people 's property is not robbed.
8  Economy / Speculation / Re: What's going on with crypto market? on: July 24, 2020, 05:05:49 PM
We have seen a lot of changes in the crypto market recently, not in terms of pricing but rather in terms of projects as we have seen much lesser new projects this year compared to last two years. Is it because scam projects cannot scam people and they quit or else there are no investor's to start new projects?
There are still a lot of active scam projects out there, just now less lending and multi-level modeling has become less and less. trending is now altcoin Defi, new projects are coming up a lot and usually projects on the Defi system.
This is understandable because when there is a trend, everyone wants to make money for themselves. That is why many ideas now have many new projects for us to invest. The market is pretty active right now so we can make a lot of money now.
9  Economy / Speculation / Re: Are we headed for 250k btc in 12-18 months? on: July 24, 2020, 04:41:16 PM
I don't think it will grow that much in the short term, especially during this time. Certainly one thing is that bitcoin is influenced by the general economy because it also depends on human investment needs. Think in terms of realities, businesses are dying of the Covid 19 epidemic and you think Bitcoin will go up sharply? Meanwhile, people often have great demand for food storage so that they can live day to day if the economic crisis occurs or the pandemic worsens. So which money will come to the crypto market? I think nobody will want to invest in bitcoin then, they just want to live.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty or Airdrop kill project? on: July 23, 2020, 01:56:07 PM
I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.
No, the important thing is due to the project and its development in the early stages. I still see that projects exist and develop very well after paying tokens for bounty pools, such as Cartesi, Harmony, Oikos, ... if the project is seriously developed, even if bounty hunters sell off tokens, they will still exist and develop normally. don't blame us all, we bring the community to the project and they should be grateful and respectful.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Who said that ICOs are dead? on: July 23, 2020, 01:45:17 PM
This is easy to explain because Avalanche is one of the development projects on the Defi platform and that is why it is so popular with the token hunters. Any project now having a good idea about Defi is very easy to achieve. As for the bad ICO projects right now, there are many, simply there are scammers there, I have not seen any signal of ICO back.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Sending in fake ID for KYC on: July 23, 2020, 01:33:39 PM
Yes, this is a way to avoid providing our official information. projects now collect our KYC to sell information to organizations that need it and only fools will provide their true KYC. we will not know what it will do in our future, so we must be wise to avoid bad situations from happening.
13  Economy / Economics / Re: Biggest winner during COVID? on: July 17, 2020, 11:09:27 AM
I also think this Corona virus is intended for a certain country. It seems they want the world to suffer and many businesses go bankrupt so they can be the richest country after the pandemic. Many said that the Chinese government was the organization that created the virus and was also the first country with a cure when they showed so good control of the disease so suddenly. What do you think about these political conspiracy theories of some people? I am happy to hear the comments and information you provide.
14  Other / Off-topic / Re: The New Normal on: July 17, 2020, 10:56:18 AM
Some experts said that its impossible for us to go back to our normal lives, while this severe Pandemic is not over yet. And that we need to deal with this so-called "New Normal".
We tend to do studies, works and even businesses at home and other transactions virtually with the help of modern technology and the internet.
Being fully into digital world now, does it also help reviving the Country's economy that fast?
How do you cope up with this new normal set up?

Certainly now internet services have gained a great deal of interest from lots of customers. The Internet is truly one of the indispensable things today and the Covid pandemic has increased the importance of the internet in people's lives today.
I believe that after the covid pandemic is under control, people will be more inclined to use technology. Sometimes it creates a long-term habit for many people in the future, maybe this is a big turning point for better developed internet services.
15  Economy / Economics / Re: Can decentralization lead the next phase of the economy? on: July 17, 2020, 07:38:24 AM


But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?
Although bitcoin is currently the most valuable coin and everyone wants to own it, that does not indicate the true value of bitcoin in the outside society. The constant volatility and easily manipulated values have made it unacceptable in many countries around the world, besides that it also makes it easy for mafia to launder money. The crypto market can only grow to a certain extent and will not be able to grow strongly because the crypto market has no laws. then only the small fish will fight against whales specializing in manipulating the value of bitcoin, in addition, bitcoin is no longer worth anything more.
16  Economy / Economics / Re: Lives vs Economy -- sad truth on: July 17, 2020, 07:26:56 AM
As we are dealing with the pandemic, the virus disease is prone to old citizens they have a weaker immune system than an average person and young adults although we also have a lot of cases of them too but there are more people who ages 40+ in the tallied cases. The sad truth is that some of them are not getting attention from the hospitals, why? because they prioritize a person based on its age, why? because it would be more worthy if you save a productive person over an old and weak person. The government is really doing this for the economy in the future days.

We really have to deal with deaths, it is part of living  Cry
I sympathize with the authorities about this decision. If there are too many moral factors in economics and politics, it will certainly not solve the problem smoothly. there must be sacrifices here and the government will choose the least sacrifice and the least harm to the economy of many families. They always want the lives of the people and the future of the country to be better, so each of us needs to be aware of the fight against this pandemic quickly so that no one will have to sacrifice any more.
17  Economy / Economics / Re: Do Not Pray for an Economic Crisis! on: July 16, 2020, 04:23:43 PM
What would the price be if an Economic Crisis occurred?

Bitcoin was launched 2009 and we have not witnessed many economic disasters except that occurred recently when CovID-19 pandemic was announced.

We realized that if there is an Economic Crisis and people lose their jobs, people will buy coins to put food on the table. They will not think about investing but will have enough money to save.

The price increased spectacularly from early 2016 to the end of 2017, the same saw the stock market and S&P500 improve by 50%.
When the economic crisis occurred, it was certain that all financial assets were affected. Meanwhile, people will start to store cash and only buy food to sustain their daily lives. So even if bitcoin is a potential currency, it will be seriously affected when people no longer need investment. For example, at the end of February this year, the price of bitcoin went down very badly as investors sold off US stocks to combat the Covid 19 pandemic.
Therefore, bitcoin is not a kind of holy asset as people acclaim. Everything in this crypto market will be related to the external economy overall.
18  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🔵🔵🔵[BOUNTY] 🔵 PayAccept - Worldwide Payments Accepted in Seconds! 🔵🔵🔵 on: July 16, 2020, 08:29:04 AM
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19  Bitcoin / Bitcoin Discussion / Re: Buying food or groceries with Bitcoin on: June 20, 2020, 09:14:00 AM


Do you think that in the future it'll be possible to buy food or groceries with Bitcoin? I know that volatility is a huge issue for Bitcoin to be accepted as an alternative to traditional Fiat, but merchants and businesses could quickly convert Bitcoin to a stablecoin minimizing the risk of loss. What are your thoughts? Huh
Turn bitcoin into a stablecoin? This will never happen. If one day bitcoin becomes a stablecoin, that's when the market will crash. The whales are now making money based on bitcoin, they hold it heavily and manipulate the entire market with bitcoin without legal intervention. So if you think, if there are governments around the world to join and turn bitcoin into a stablecoin, what will the whales do? they will surely sell bitcoin and find a new playing field that can be manipulated more easily. This is the main reason why bitcoin cannot become a widespread payment currency, it has been manipulated and manipulated by the gangsters.
20  Economy / Speculation / Re: What’s next if bitcoin breaks $9,270 ? on: June 19, 2020, 06:49:24 AM
In the last 24 hours, the price of Bitcoin attempted to break below $9,270 in a rapid sell-off from $9,400 to $9,240. Immediately after it hit $9,240, BTC bounced strongly to as high as $9,450.


What’s next if bitcoin breaks $9,270 ?

Quote
If the price of bitcoin breaks down at $ 9k2, the next destination will be $ 8k7. because there is the 200 MA line and it will be a strong push. we can buy some bitcoins there and, worse case, bitcoin will fall to $ 7k6 and we have the opportunity to buy one more time. but if it fails to break that support zone, it will probably climb to $ 11k again.
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