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1201  Economy / Economics / Re: Can corona virus or any other epidemic disease can collapse Banking? on: March 01, 2020, 09:02:00 AM
Imagine Corona virus or any epidemic disease affected globally. As a result, all the economy will be affected and people will face hard time. Will not it bring an affect in economic balance? Which will turn into high inflation globally and it will result collapse of the banking system. Will it? In my country, the situation is getting worse for product which we are depended on China. I can see a significant inflation here if Corona Virus issue continued.

It affects the economy sorely, of course. It might cause high inflation considering that the production industry will be terribly affected. The banks will also be affected, of course. A lot of people are now trying to make ends meet using whatever they saved for the previous months and years. There will be much larger withdrawals than deposits. For sure, people will take their money from the banks because they badly need it. This is happening because the business sector, the main money-making sector of any society, is crippled by the spread of the virus. Many employee are laid off. And when people are deprived of their regular sources of income, the inflow of the banks will also get weak.

It has an effect to the economy, probably the disease will scare people and can result to a fear. But transferring, sending, doesn't require people to go out and have a physical transaction. If and only if people will withdraw the money for a personal needs or basic needs during epidemic disease. Banks are always open and active, they don't have any hard time manipulating our money. But the corona virus will surely increase the price of our personal needs like face mask, food, medicine, and etc., that's what you called inflation. Business minded people will take advantage of the disease and the banks will also surely benefit to that. Many employee will be harmed and they will have a hard time working.
1202  Bitcoin / Bitcoin Discussion / Re: Ways in which you can promote bitcoin. on: February 29, 2020, 04:40:06 PM
You don't actually need a video presentation to be able to promote the usage of bitcoin. With just a simple way you can actually endorse it to other people like posting in this kind of forum or trying to talk about in with your friends. In that way, they will realize that the usage of it is good for the economy of our government and other country.

I guess you probably didn't read to understand but to reply. I never said that video presentation is needed to promote bitcoin. If you watched the video or at least read the first 5 comments properly, you'd understand The Point. Thanks for your contribution tho. 😉

Video presentation is not that necessary but it really helps people to visualize the happenings or how bitcoin works.

But overall, there are some more ways other than video presentation.

Actual using it in some transactions is a simple way on how to promote bitcoin, so that everywhere you go, you can represent bitcoin as a currency. Videos are just for visualization because in our generation where technology is advancing, people tends to choose visualization over imagination or application. But in reality, application is the most essential thing in bitcoin to promote it in any part of the world or country. You can just share the knowledge or inform your friends, and families so that they can easily understand it because they know you and they will believe whatever you say to them easily.
1203  Economy / Trading Discussion / Re: What are the most useful crypto trading bots? on: February 28, 2020, 02:57:28 PM
Like, do they really 100% surely guaranteed profits as long as we go subscribe to their services? Just like for a 1-month subscription, how much around the estimated percentage(%) returns expected.
(....)
Bots are really just tools being used by traders themselves to automate some of the things they're doing in the first place. It's not some run-once-and-profit-forever thing.
Thanks and I agree. This should be kept in mind of those subscribers in every trading bots or even paid signals groups. As I saw some successful traders there, they are not mentioning any tradings bots. Although there are some people still using those kinds of trading bots.
But trading bots for me is not really advisable for the newbies or those people is starting to trade, learning from the scratch first is much better before using some automated tools.

I agree with that, newbies should focus more on the manual trading to practice not relying on those trading bot. The only importance of trading bot is to let you trade even when you're working with your job. You will just monitor it when you have a free time and let your trading bot manage your account. Also, you need to know the pros and cons of using crypto trading bot because the consequences of using it will reflect on the results and you are accountable for that. That's why most of the traders are recommending you to practice manual trading to completely and easily manipulate your money and your account.
1204  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency vs. Fiat currency. on: February 28, 2020, 01:19:02 PM
Fiat for daily use.

While bitcoin or cryptocurrency for investment.

It's the embraced use of cryptocurrency today but we have to spend it in the most possible way to enjoy it. I have used it to shop for many times but our society is not yet ready to go all-in with crypto.
It is like choosing whether pulling off your wallet to get some money or pulling out your phone cause you have something to scan and pay. Although I'm a huge fan of crypto, I would still choose the fiat since it is the one that we are using now and the complexity of using the crypto is not yet settled, there are still bugs and errors to be fixed. We are on the process of transitioning, sooner or later we'll be having it.

Fiat for daily use and bitcoin for daily transaction and updates.

When it comes to being practical, it is more reliable to use fiat in many transactions like buying goods or everything you want. But the way for you to increase your profit is through cryptocurrency. Cryptocurrency is like a business that you need to manage, monitor, and make a strategy where you can make it grow. Investment is also a factor why it is like a business, you should take a huge risk but the profit is surely high and can make your life change. That's why mass adoption is still developing that's because many people are continuously knowing the benefits of crypto.
1205  Economy / Gambling discussion / Re: Have You Started Gambling Because You Want To Be Part Of A Gambling Campaign on: February 27, 2020, 01:12:51 PM
Have You Started Gambling Because You Want To Be Part Of A Gambling Campaign or you are already a gambler and wants to be part of a gambling campaign, in my case I come to play gambling because I want to become a part of a gambling campaign, so far this is my 6th gambling campaign and I still continue gambling because I want to continuously involved in gambling campaign.

How about you?
I'm on the state now that I am controlling and limiting myself to play gambling games as possible. I have a lot of gambling experiences from before that I can contribute especially that I am on a gambling signature campaign as of now but I think It is more suited to me because of the post requirement that we campaign participants need to post some of our posts here in this section which I am doing on every campaign because I do have many experiences here though.

I my case, I'm already engaged with gambling before I joined a lot of gambling campaign and it suits me very well. I know a lot of strategies and plays but it is not a 100% effective, it is not 100% that you will gain a lot of profit out of it. Luck is still a good factor and if it is in your side, then you will take home the bacon. It is not always there so all you need to practice is to limit yourself, your money, and develop your patience when you gamble. No matter what state you are, either you gamble for a gambling campaign or you are already a gambler, it is the same. The only differences is that the experience and a variety of games that you can play and observe during a campaign. We have different opinions and it is up to you if you really want to excel in gambling campaign, you also need to perform well in gambling.
1206  Economy / Economics / Re: Crypto mass adoption achievement on: February 27, 2020, 12:27:36 PM
If all the different crypto projects were more coordinated and united this could be achieved soon or at least each month the whole crypto could have some positive progress.

You're going to need a more concrete example, both with the problem you want worked on with the amount of progress to be expected.

Bitcoin's most pressing problems at the moment, for example, are scalability and adoption. It's almost completely incompatible (either ideologically or technologically) with the scaling solutions other projects have taken (and vice versa), so I don't see how coordination could help on that end. It would be great if everyone could get together to promote crypto usage, but at the end of the day, everybody's already doing this, just each on their own time.

I suppose it would be nice to have some sort of united crypto front, but I honestly don't see how that's possible (properly, at least), or how it would even help.

If there's a will, there's way. All of us who uses cryptocurrency are hoping for a better world where cryptocurrency is adopted everywhere.

Maybe for now, it is really hard for most of the country to unite as one that uses cryptocurrency as a material in transactions. Until now, there are many countries who still don't understand how bitcoin works, so the adoption is also hanging and is slowly increasing. We, the people have the power to make it adopted not only by our friends, and families but also our Government, and when that happens, we can now freely use bitcoin in our everyday lives without any hindrance. Most probably the coins will also increase its price and can vary depends on the market where coins will have a large volume of users.
1207  Bitcoin / Bitcoin Discussion / Re: Is bitcoin a failed experiment? on: February 27, 2020, 09:57:18 AM
You look like the typical Bitcoin newbie.
At a 10K USD bitcoin price and a bullish trend,you "believe in the future of Bitcoin".
At a 8.5K USD price correction and a possible bearish trend,you don't believe in the future of BTC anymore and you start whining that the price will go to 1 USD in 12 months to 18 months.This just isn't serious,man.
If you wanna sell everything,just do it.Panic selling is something normal,unfortunately,I've done it before.
Stop whining and act like a man.
The question "Is bitcoin a failed experiment?" has been asked 134934565 times on this forum and every time  it's asked at a bearish trend,when the price was falling.Bitcoin is here for more than 10 years and it isn't going anywhere near 1 USD or USD price.

Yeah, bitcoin newbies who went in because they got greedy, they thought it was going to make them a lot of money in a few weeks like all the friends who told them to get in now. They don't believe in bitcoin and never did. All they believed in was a get rich quick scheme.

They probably also traded up and down with tether, never even used a real bitcoin wallet their whole life too. So they come in here to whine. Same old story and good riddance I say.

Bitcoin really help a lot of people because of its benefits to our lives and to our economy. I don't think that it is a failed experiment because of the legacy it has as a digital currency and there's no way that the other coins can surpass the value it has. Bitcoin really is a trend although volatile, management is just the key to overcome it. If you really want to test the effectiveness of bitcoin as an investment, it is not bad to take risk or do some experiment because your observations will dictate whether you will continue or to see if there's an improvement. Don't you ever think that bitcoin is a failed experiment, the money you have is in your on hands and it is on you if you want to lose it or grow it. Proper management and good trading strategies and skills is essential to have a successful bitcoin experiment.
1208  Local / Pilipinas / Re: Bitcoin Transaction without Internet. on: February 26, 2020, 04:34:47 PM
It's a nice read and a nice video to watch on the reference that you made.

https://www.youtube.com/watch?v=l2iv2MiGaYI (the part of LoRaWAN is around 7:55:50 of the video)
I watched the video and I'm amazed na almost similar yung indicated facts about LoRa sa natutunan ko.

The idea behind this thread of mine is from our topic in our university and I just connected it to BTC since may mga nabasa rin ako na "what if" nagkaroon ng integration ang BTC and LoRa network or iba pang network kaya shinare ko yung idea agad dito bago pa mag-fade sa utak ko.
Anyways, I'm curious and I don't completely understand (in a technical aspect) why use the LPWAN when something could be utilized like the 3G, 4G or 5G network and make something secure to that. Ang alam ko lang is the downside with the cellular network is that it requires higher consumption, so why not focus the research on that part? I'm not against it ha, I'm just being practical din. Nodes have to be ran by users so madami din dapat mag support and I don't think it's possible right now kasi limited pa lang, especially sa Philippines, hindi pa ganun ka dami ang mga nag susuporta sa Bitcoin.
Mentioned dun sa video na na-share mo na Low Power and Low cost means all of us can have private nodes and gateways and proven ko na since I have my own LoRa module for Arduino and can make nodes on my Raspberry Pi, both of this is low cost and pwedeng self-made. Due to that, I can easily implement my own network like mesh network with multiple nodes. Also, Both microcontrollers have the ability to use python which is karamihan ng existing chain ay gawa don. If ever ma-develop and magkaroon ng integration, mas tipid.

tho, naisip ko rin yung 5g network, pero narealize ko dahil sayo (thanks sir @crwth) na wala palang naka-indicate sa thread ko kung ano yung criteria for the best kasi nagfocus lang ako sa naisip kong idea na natutunan ko from our seminar. For effectiveness, obviously wala namang tatalo sa 5g network, but very expensive and dito sa Pilipinas parang imposible masyado kahit na implemented na "daw" ang 5g network sa globe and smart. Also, hindi ba madedefeat yung purpose ng offline transaction, kung magrerely naman tayo 5g network ng ISPs?, correct me if I'm wrong.

Right now, it's not yet completely practical but it is possible when you are only working on a small scale, like testing the actual LoRaWAN protocol and making sure it works. Since future ang pinaguusapan natin, magiging posible yan for sure. Always forward naman ang tao eh, lalo na sa mga inventions and technology.
Yes, always looking forward tayo sa mga ganitong bagay. This is what will bring us to the top tier of living.
Thanks for giving me the idea of 5G, gonna read more to that.  Cheesy

Masyadong komplikado kung babasahin pano naman yung mga baguhan sa ganitong topic.

Pwede naman tayong magpaliwanag sa mababaw na salita, mahirao makipagtransact ng bitcoin kapag walang internet. Totoo naman yun, dahil lahat na ng teknolohiya ngayon o devices ay nagrerequire ng internet para makaaccess sa kanilang account. Ang mga account ay online dahil kailangan nitong magupdate palagi. Sapat na ang 3G o 4G, pero ang 5G? Masyado na atang mahal yon para sa mga solid fan ng bitcoin sa pakikipagtransact sa ibang tao. Ngunit if maiimplement and offline transaction with bitcoin tulad ng bluetooth o pagloload tulad ng text, maaaring mangyare pero mas hassle kasi alam naman natin na mas malaki ang magagastos kapag nagpaload ka at malaking MB din ang kakailanganin dito.
1209  Economy / Gambling discussion / Re: Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling on: February 26, 2020, 04:06:58 PM
What do you think, will Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling?
After seeing that you could have bought a new motorbike or buy an expensive watch on all your losses that you have computed.
It depends on the person if they will make a record of the losses and winnings after day but i think there is no people who is take down notes or making a spreadsheet about their losses in order for them to just monitor how much they have already lost from gambling. To be honest if you will take down all of that notes you will just get all of the losses because in gambling there is always a high percentage on having a losses than winnings but if you are a regular gambler then probably you will not be able to stop on gambling just because you have been realized that you are having a hard losses everyday you play.

Before I gamble, I already knew that gambling is addictive and most of the people ruined their lives because of this. But I still tried it and experienced it so that to know if it really can ruined people's lives. It is true that gambling will just give us headache and stress if we're not lucky in a certain day and it is very difficult to retrieve the losses that you had. Gambling is not a source of profit, it is not that easy to manipulate money when you're in that situation. Recording and making a gambling history will help you monitor the range of your losses and the maximum money you've spent playing and then suddenly you will realize that gambling just brought you disappointments.
1210  Bitcoin / Bitcoin Discussion / Re: Why do people compare betting and investing in bitcoin (in terms of risk)? on: February 26, 2020, 03:29:12 PM
Like, the answer is obvious. Tell me, when your 10,000$ turns to 1,000$ and when your 10,000$ got lost in a 3 minutes betting, which is preferable? See, try to get my point. You can risk 10,000$ buying bitcoin but you can stake 10,000$ on a bet (considering you could lose it all in a few seconds or minutes).
The thing is, by betting $10k if you lose, it's gone. Forever, unless you keep depositing and playing with the hope of winning.

Investing the same amount in BTC can turn your $10k into $1k but you'll still have the same amount of BTC in your wallet and the investment will still be worth something at any point.

If after you've lost $10k through betting you wait an year, the $10k will still be lost forever. The investment, however, could turn from a loss into a profit after the same timeframe passed. Smiley
This explains it all.
Betting and investing have their own different risk, if you bet your money and lost, all you bet was gone forever. No return and no exchange, it is lost already.
If you invest, even if your investment will drop its price, the number of coins you invested is still the same, but you still have the chance to increase the value of the investment in the long run.

But still they are both risky, the only good thing in investment is that your money will not be suddenly disappear or become lost. Investment is a step by step and you need patience here in order for you to earn a profit and become successful, while in gambling, here you need is a courage and self-control just to manage your money. Gambling can really boost your mood that results into greediness that most of the people are experiencing and it is a bad thing. Most of the gamblers are greedy that's why their money are easy to lose. That's why people choose to invest their money than gamble, investment just really need hardwork, patience, and monitoring your money so you will also prevent disappointments and losses.
1211  Economy / Services / Re: BestChange Bounty and Signature Campaign on: February 26, 2020, 02:59:29 PM
#Proof Of Authentication

Bitcointalk Name: AniviaBtc
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1126232
Current amount of Posts: (Including this one) 803
BTC Address: 1AQwGsFV6cQgysG2G4xqPTVUDabqj83kUC

I am joining: Signature Campaign

I have 116 receive merits in the last 120 days, I hope you can consider me! Thankyou!
1212  Economy / Gambling discussion / Re: Will you borrow money as your bankroll if you trust your skills in gambling? on: February 25, 2020, 04:50:47 PM
I am currently thinking of making an experiment on my own, I have friends who are willing to lend me money for whatever purpose I like.
For this purpose, I like to use the money that I will borrow as the bankroll in sports gambling.

Anyone here have tried this? What can you recommend?
Its all up to you on where you do want to spend that loaned money as long you do know or responsible enough on repaying it when the due date comes.

No one would stop you for it to be used in gambling but if you are aiming to play because you do think that you can repay with gambling winnings then better stop
because you will surely mess up things in the end of the day.

Gambling is never been a solid option for you to take when it comes to debt solution.Instead on resolving things up it will worsen up the situation and thats
a very stressful thing for any person.

We know that gambling is risky and also borrowing money for the government increases the risk because it is not your money. We all know that gambling results are uncertain and we have nothing to do with that but only luck is the powerful thing that will help you. On the other hand, luck is not always there and it is by chance, it is not 100% always at your sides. Most people loses in gambling and the only people that will benefit your money is the host or the management. You can't even repay it if you win in gambling, how can you repay your debt if you lose the money you borrowed? Have each and everyone of you thought about that? So for me, if you don't have money to gamble for, then don't do it. Instead, invest your money in cryptocurrency or start a business out of your salary so that you will become stable.
1213  Economy / Trading Discussion / Re: Why not decentralized exchange..? on: February 24, 2020, 03:42:24 PM
I think it is about control in my view. Many investors don't like to be so isolated from their investment that they won't have some control. Centralized exchanges also have achieved volume because of the investors already there so they keep growing.

Because that's the only way the governmeny benefits our cryptocurrency. They can't get taxes from that that's why they are making fees higher in the exchange during transactions and we have nothing to do about it. Centralized exchanges are the only way they think of because they know that cryptocurrency will really improve the economy of a country. Most especially those bitcoin users, the fees are high so they tend to just store it and use it for a larger transactions. Decentralized exchange is someway possible because there are countries that really adopted cryptocurrency. There's something wrong with the government who really want to focus the benefits of crypto to them, still people are unable to utilize or manipulate cryptocurrency freely.

It is more reliable to use DEX but the problem is that the volume is low compared to Centralized Exchange. It think the government just abused the Exchanges so that the economy have something to bring. Even the government wants to implement cryptocurrency but they are not promoting it so it is nonsense. If they really want to benefit the crypto they should help us promoting it in the exchange let there be a decentralized exchange also for those who needs privacy in investing money. 
1214  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin The Best Safe-haven In The Wake of Financial Crisis? on: February 24, 2020, 02:45:09 PM
In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis. The world situation is turbulent after entering 2020. US-Iraq conflicts continue, the China-U.S. relation on a tight rope, coupled with the broken out of regional financial crisis over the years, the public’s fear of recession is growing. The rising price of insurance assets also indicates that more people are preparing for the financial crisis.
The biggest impact of the outbreak of financial crisis on people is not only the asset depreciation caused by inflation, but also the decline in employment. It is not enough to simply choose a safe-haven to deal with financial crisis, we need to ensure our source of income. VDS turns interpersonal relationships into cash flow through the Trust Stamp System from which we can obtain a steady stream of revenue. Or we could build super master nodes to provide network service to earn profits. In response to the centralized financial crisis, a decentralized Bitcoin may be the best choice as safe haven. VDS brings decentralization and freedom back to Bitcoin and boost potential appreciation. These two march together and complement each other.
I've been thinking in a very similar way. I am not American, but I do believe that the world economic crisis is on its way, and this one might hurt more than the previous one. I think it might even bring the end of fiat with the dollar collapsing and major currencies following shortly afterward. If this happens, all of the assets and currencies might be down for a while, and I am not sure Bitcoin is an exception. In the aftermath, however, Bitcoin might be the savior for reasons you've covered (mainly since it's not susceptible to hyperinflation as it doesn't have an unlimited supply). In that situation, however, a solution to make global adoption truly possible would have to come asap.

I think global recession and economic breakdown is already happening and on its way to become full blown, with the above points duly noted by the poster above, added to the fact that the deadly NCOV corona virus seems to be spreading into different countries and region and there seems to be no cure and no stop to it, with china affected I am pretty sure that the rest of the world have started getting an impact to china meltdown. Bitcoin still remains the last hope if all thins currency and economy goes south.

People always said that investing in a digital currency like cryptocurrency is not a 100% win win for the investor. Cryptocurrency is very risky and is difficult to handle because of its volatility in the market. Plus those conflict between the world's economy and the problem that each and every country experiences. Poverty and NCOV are the main factors in market economy this year and we can't deny that people are looking for a safe haven for their money. But as you can see, it is an advantage of the crypto as virus spreads and indirect contact with money is necessary. So in some other way, it is good to invest money in crypto and it still has a disadvantage like instable price in the market.
1215  Economy / Gambling / Re: Opening a new gambling website 2020' on: February 23, 2020, 04:33:43 PM
I guarantee everyone that it is not a scam
Said every scammer ever.
You don't even explain how the game works. There is no information on the site.

Really sounds cliche, it will surely don't work with people who are mindful enough about scams.

But we should not judge people, but as I read, it is really true that most he didn't discuss any of the instructions so how will people get the motive you want? Your instruction, your movement, your advertisement is not effective to people most especially those people who are looking for a features that will benefit them and make them comfortable gambling online. You should make something out of it to become an effective gambling website. If you really deserve to become a famous gambling website then you should work for it and earn it as long as you can.
1216  Bitcoin / Bitcoin Discussion / Re: Sending Bitcoin through SMS/Text Messaging? on: February 23, 2020, 09:52:07 AM
I'm looking for a way to send Bitcoin to people in countries which lack Internet access. After all, being able to send Bitcoin in a safe and secure way over SMS/Text messaging would prove to be extremely convenient for "offline" transactions. For once, I've heard about a crypto service which allowed people to send Bitcoin over SMS/Text messaging. But I can't recall its name. Still though, it relies on a central operator/middleman. I'd prefer a solution that would allow me to send BTC though SMS/Text messaging in the most decentralized way possible.

Do you think it's possible to do this? Are you aware of any methods to sent BTC through SMS/Text messaging without relying on third parties? If it cannot be done in a decentralized manner, I'd still like to know if there are mainstream companies offering such possibility to Bitcoin users. Thanks in advance. Smiley

If you want to send bitcoin without internet access,just print some paper bitcoins and send them via post mail.I think this is way more secure than SMS/Text Messaging.I've never heard about a crypto service that allows sending cryptocurrencies via SMS.Maybe there are some to be launched,but I doubt that they are effective and working without any technical issues.If you ever send BTC to a guy that doesn't have intrnet connection,how could this guy use those bitcoins to buy anything???He doesn't have internet.Have you ever thought about that?

I think it is hassle if sending bitcoin requires a load just like a normal text messages. I think it is better to send a bitcoin using internet connection and we should settle at the set up. It is really hard to perform sending bitcoin just like a text messages because of the signals, and text messages are more difficult to send because of the barriers via satellite. Mobile data and internet signals are more easy and reliable to use to send bitcoin, as our technology is advancing, I prefer to use the things that we have now just like the Wifi or internet.
1217  Economy / Services / Re: [OPEN] OWNR Wallet Signature Campaign [Full & Sr Member] on: February 22, 2020, 03:21:44 AM
Your bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1126232
Your current posts count (including this one): 797
Your earned merits amounts in the last 120 days period : 115
BTC Address: to be updated soon

I am a quality poster, hoping to be part of your campaign  Smiley
1218  Economy / Economics / Re: World economy would benefit if all crypto work together on: February 21, 2020, 11:23:26 PM
If the crypto projects were working in collaboration more often, then the whole crypto community would achieve bigger accomplishments all at once!
Synergy would be on the side of cryptos if that were the case, we see these days many projects working on their own each of them having as result longer periods of releasing updates and new features.

It is time to find ideas and bring teams together and work smart rather than hard. With collaboration among team projects like Lightning network, bitcoin smart contracts, ETH scalability, and many features could be ready for the masses sooner and the global economy would have a big positive impact!
Not sure collaboration is possible in cryptos between projects because coins using different blockchain so its not possible to merge them but we don't need that much amount of cryptos just eliminate all the shit projects and just keep 10 best projects of all time so from this capital amount won't get diversified,new projects scam will be eliminated then cryptos will gain trust more than from now and people will start using cryptos for everything.

That's right that as crypto develops, there are also coins that doesn't contribute to the improvement of cryptocurrency in the world. Those shitcoins are continuously existing and we have something that already share part in the market. We should eliminate those first before working all crypto together. But we should always secure that the crypto we will use are those reliable and effective. Some of these are bitcoin, ETH, XRP, EOS and etc. Maybe if we continue to make this happen that it will completely dominate the world's economy maybe we will have a good time using cryptocurrency and make a big profit out of it.
1219  Economy / Economics / Re: GOLD and BITCOIN: What is their similarities? on: February 21, 2020, 06:42:24 PM
These two generated a huge amount of profits for investors and it keeps on increasing. As Gold is said to be one of the best investments, bitcoin is also a good investment but with higher risk, since we all know how volatile bitcoin and other crypto currencies are. As gold is a natural one, bitcoin is something we mined from the internet using these miners or ASICs.
The most common thing between them is that they are both good store of value. Gold can be appraised in a higher amount just when the value of gold per gram increased and this happens every year that comes. Bitcoin is a good store of value particularly if you invest it in a long term wherein its price keeps on rising every year. Both are mined but bitcoin has a fixed amount of supply while gold has no fixed supply amount.

Bitcoin is more complex although they both good store of value. Bitcoin can really increase its price without limitation if possible. The only thing that hinder that is that its price is really volatile and the demand is not that consistent so that its value in the market is also not stable. Although both are mined and limited, bitcoin is much easier to mine and less hassle, while the gold is very risky that it can also result to a tragedy. They are both a good investment and it is very effective if you really work hard monitoring your invest with both bitcoin and gold. But probably, if they are both comes to the point that the supply is limited, probably there's a pump in the price.
1220  Bitcoin / Bitcoin Discussion / Re: A question about withdrawing BTC on: February 21, 2020, 12:50:28 PM
Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

An ATM isn't anonymous, unless its in a place where you can use it while disguised/masked. Regardless of the ATM requiring you KYC or not (which can only make things worse) the fact that is a physical thing means it can have surveillance (and should, since vandals love breaking the things apart).

Some people find them convenient, i find them cumbersome (and horribly expensive). Your best chance for "anonymity" is online, perhaps even mining, but that option is rapidly disappearing.

Using ATM in withdrawing bitcoin is a good choice for conveniency, but then, as what he had said above, the anonymity will not really apply to it. Using ATMs requires information verification and authentication, and we all know it is because of the safety for everyone who will withdraw.

As many people are using bitcoin nowadays, there's a high chance that we will all need to verify our identities online to have a secure transaction.

Most of the atns were equipped with cameras so your security isn't safe with that. P2P is the real deal and the most reliable mode of transaction when it comes to withdrawing bitcoin. Most probably, the only hindrance is that if the government in your country adopted cryptocurrency already. Always check the possibility if the government will let their people mind their own business using bitcoin. I always tried to do P2P because it is more comfortable, effective and safe and you will never had a problem doing that if you really know the person you have a transaction with. So always secure your account and don't just use ATM if it's possible.
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