Proof of Authentication Twitter : @ohiozoba30 Telegram : @harrow30 Twitter link : https://twitter.com/ohiozoba30 Will join telegram for now and twitter next month.
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This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's
Taxing of Bitcoin is a way of the government accepting it's use and coming to terms with it. This is what the government all over the world will eventually resort to at least to get a participation and somewhat control/regulation. It will have its advantages and also disadvantages but at least some level of good interaction with the citizens if properly harnessed. There is actually a lot to be done by the government to get themselves updated. I believe with the help of private sector partnership, this can be achieved on time.
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The cashless society has been in operation for long with the fiats. This has really helped with ease of lots of transactions and smooth sail of business. Now, as regards cashless society in terns of Cryptocurrency, it is another level of operation entirely. Judging by the different altcoins available, I will still think there will be some or a central coin; bitcoin which can be generally accepted of the central means of exchange for the other coins. Transactions are made easy with improvements on the blockchain and not having the issue of lockdown that once happened.
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Good points and like all stated. Bitcoin has been an investment and a very strong leverage for getting into wealth for most youths at the moment. It has been a sort of help directly and indirectly to some developing countries. I will lay emphasis on the help Cryptocurrency/bitcoin has done in this few months; years as regards the rate of unemployment. And let us also note that bitcoin has overpowered the fiats and had been a source to generating more cash too.
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I believe there has to be more sensitization on the Cryptocurrency news. I am thinking by now the information would have gotten farther than it is at the moment. Don't know why the limitations and awareness is at a very low scale. The governments or bodies impeding the flow of info must be doing a good job. We are meant to at the closing stage of adoption by this year end but it still looks at the early stage. When adoption is still in poor state then adaptation is still quite far! Hence, the talk of having bitcoin accepted by retailers is still a distant idea.
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as i said on the title what are the good effects and bad effects of robots in replacing human jobs. What is your opinion about this guys.
We speak of the inevitability here but what we should also note is that whilst the robots take over, there is a somewhat decrease in human population too. The rich want to take over with fewer persons here on earth. The good effects of having robots are quite numerous: work efficiency, faster work delivery and accuracy. It can also be cost effective on the long run. As at the period we are in now, where both are still at equilibrium just because humans are still diversifying or venturing into other areas too where robots haven't totally take over. The key point is, humans are still needed to make the robots.
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what are the social and economic impacts cryptocurrencies have ? and how will this affect third world and poor countries because of their limited access to internet and modern technology?
The social and economic impacts of Cryptocurrency is quite enormous and still being explored. The Cryptocurrency has increased the thirst of people to search more on the internet and also participate in online trading. The profits made from Cryptocurrency has really been helpful in restoring the economy of some developing countries; unemployed persons have now been venturing into the world of Cryptocurrency and while they are making earnings the GDP of the country is also being helped
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I did say that being rich is a relative term too and by what yardstick it is used to measure it. Not all the people that are rich/wealthy stop working. The work/job that generates their income and has made them rich is a form of hobby that they derive pleasure in/from. So, I disagree with that fact that people will stop working after they have made enough money or when they finally become rich. Yes, most strive to get riches and never really attain the mark; the struggle is continuous. But those that do have a sincere passion for their works keep at it and they don't get to quit when the riches eventually arrive.
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Really this pathetic! Hmmn, I do also believe that in same country where the economy is suffering to the point of currency devaluation, there will still be multimillionaires living in there. As regards Investments outside the Cryptocurrency world, it can only be work/business centered on infrastructure which will absorb the citizens and put them to good use. Extra fundings can be sourced from the Cryptocurrency business to sustain it while it gains its own stability.
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I wish you guys good luck on the project as your project moons up too!
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The electronic money you refer to are the Cryptocurrencies which is now like the new world order and projection for payment exchange of the future. The physical money is terned as the fiats. The major difference in both is the idea/vision; decentralization! A payment policy in which means of payment is not owned by any country or fixed for a particular country or persons. It is not meant to be visible not traceable and this has also been made possible with the help of the blockchain technology!
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Hey everyone finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them... Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way! Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else... Part of the secrets of trading is never to sell at a loss. No matter what, you try and HODL till the coin picks up again then you can take profit. For those who have Bitcoins at the moment, I will also advise not to do panic sell. If you are still certain of the 10,000$ mark, then you can still HODL to have an opportunity to make an extra 1,500$ on each. Well, it is an actively exciting market, so, when dump it is also an opportunity for someone else to buy and key into the future if Bitcoins. But really, if everybody HODL, there won't be a market.
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
Selling off is a relative and personal idea. Judging from when it was bought and the value it was at the time bought with what the price/value is at the moment, one can say it is a good sell at this time out. There is no error selling some off at this present level. But also, I won't guarantee you sell all, maybe less than half can do to buy into other coins too; just diversifying. It has turned out to be a good investment afteral its setbacks and volatility rate.
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The plan/intentions looks promising and I do hope it is consciously achieved. Good luck guys!
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What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
All also has to do with real patience. It really takes endurance to HODL a Cryptocurrency for along while to see it appreciate well enough. It is still fresh at the moment and you can still join the future now because not up to half of the world population has adopted it. You can seriously join the moving train now. Cryptocurrency is ready for the change we need in the future, the question is, "are we ready?" There are various ways it will affect our lives and make things better.
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Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash. In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash. Market Needs Crash I don't see enough reason why the bitcoin price should crash all because it is hitting the 7,500$ of which as at today, it has hit past 8,000$. This is not just about following the rule of whatever has fone up, must come down. If bitcoin price must come down, it has to be a well deliberate and calculated action. I did hear if the anticipated crash do happen, there will be a reinforcement later. The crash in price avails a lot more people to come buy into bitcoin more; an open window.
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Can you really be sure you will profit unless you have insider info?
I like the constructive use of words for the topic; trading an educated guessing or worse still educated/enlightened gambling. I have tried trading before and I think I have the same thought question and conclusion too. Mist people that I do see make good profits too must have been given some insider information on market possible movement which comes out positive at most times. Conclusively, I will say with the introduction of robots to trading, the analyses is better understood by the program then and makes the topic question valid.
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Can you really be sure you will profit unless you have insider info?
I like the constructive use of words for the topic; trading an educated guessing or worse still educated/enlightened gambling. I have tried trading before and I think I have the same thought question and conclusion too. Mist people that I do see make good profits too must have been given some insider information on market possible movement which comes out positive at most times. Conclusively, I will say with the introduction of robots to trading, the analyses is better understood by the program then and makes the topic question valid.
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