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1  Bitcoin / Bitcoin Discussion / Re: China Quitting Bitcoin Mining Is Very Positive in Long Term on: October 04, 2021, 11:38:36 AM
Maybe if china isn't dominating Bitcoin minning then bitcoin will spread evenly which means that the price will be more stable but still tend to rise. It is good for merchants, and when merchants adopt bitcoin then it can increase bitcoin price. That's my opinion. Today there are many countries which embrace bitcoin so I think there is nothing to worry.
2  Bitcoin / Bitcoin Discussion / Re: What if stop believing about bitcoin ? on: October 04, 2021, 02:19:05 AM
I think it will not happen. many people who use bitcoin are disappointed with fiat money because of its inflation. I am not sure that fiat momey is really equivalent with gold. The fact that gold price always rise is a proof that something is not correct. I am here because I looking for alternative currency which cannot be controlled by central authority where I can get real freedom.
3  Bitcoin / Bitcoin Discussion / Re: Iranian Bitcoin Mining Ban Lifted after four Months on: October 03, 2021, 06:06:33 AM
I will be waiting for export-import transactions using cryptocurrency I think it will cost less than bank service. Many countries ban Bitcoin but usually it is just temporary, even china maybe the government will lift the ban after electricity crisis end. I heard china have a problem with electricity. I think I can expect Iran become good environment for cryptocurrency users.
4  Economy / Economics / Re: When you sell is no longer "yours" on: October 03, 2021, 12:26:19 AM
I personally think that greedy human is ridiculous. Those who there is only money in their head are not good humans. In university my teacher told me that we need to make biggest profit using smallest cost, this statement is right but it doesn't mean that we ignore our common sense to prioritize humanity. I sell bitcoin only when there is a very strong signal that I have to sell but holding is also good if I want it for long term. That's why I don't easily sell my btc, probably I only sell every 3 - 6 months and it's enough for me to make profit.
5  Economy / Economics / Re: Where will people save money- A report by Prothomalo on: October 02, 2021, 06:46:59 AM
Usually government adjust bank interest to control inflation. I think it will be better if people invest in companies directly rather than go through bank. Some bank lend money for unproductive things which mean it's not help to reduce inflation. But if we invest our money to companies directly then the company will produce more product and help the balance of supply and demand between money and goods. I hope companies can get fund directly from investors rather than lend money from bank. I hope people know how to invest in companies directly.
6  Economy / Economics / Re: Chinese loans leaves many countries in "hidden debts" on: October 02, 2021, 04:34:12 AM
This is one of many reasons why I don't like loan with interest rate. I prefer like to use crowdfunding like we usually do in ICO. I think crowdfunding is better then only lend money. Crowdfunding that companies did in ICO not only lift some weight from the company but also gives big profit if the project is succes. Just imagine if those countries do crowfunding using cryptocurrency and every that cryptocurrency holders will get benefit from the project that the governments make. Anyone can get easy money fron loans but the impact is very bad.
7  Economy / Economics / Re: Our Dear Bitcoin and its price movement. on: September 26, 2021, 06:02:31 AM
When I see the current market situation I feel that it is actually not really a good time to buy because we already reach lowest point in recent bitcoin price fall period. But I think it still okay to buy because we still can expect profit as long as we hold for long term, maybe for around 2 or 3 months. And I am sure that it is not the right time to sell because maybe we will face a bullish market trend again soon. So in my opinion it is just a correct time to hold. I already bought bitcoin and some cryptocurrencies when it's price almost reach lowest level so I actually have good position right now, if I sell now then I can get small profit but I will not do it. I will wait.
8  Economy / Economics / Re: [LIST] Countries that own bitcoin on: September 26, 2021, 02:25:55 AM
El Salvador only have 700 btc? I think it is not so big for the a country even I ever have a cryptocurrency worth of more than 1 btc when the price of btc was 20k. But it still okay. By the way maybe china has a lot of btc but why the government against Bitcoin?. Actually we don't know if some countries also secretly hoard bitcoin. Who know?.
9  Economy / Economics / Re: China Is making Fuds Since 2017, But BTC Always Gone higher on: September 25, 2021, 06:09:41 AM
I have been investing in bitcoin since long time ago and I am not surprised about bad news that related to China. Maybe this time China move too far. I think China should give their citizens freedom in economic activity. I heard that china help their citizens to build a business but it is disappointing when China make a bad regulations regarding bitcoin and other cryptocurrencies. For me bitcoin is a part of future, if china strongly against bitcoin then in my point of view they don't want to get a good future.
10  Economy / Economics / Re: Bitcoin slumps as China bans all cryptocurrency transactions on: September 25, 2021, 03:58:34 AM
I hope China's government don't pressing their citizens too much. In my point of view, if China continue to make their citizens stress then it just create a time bomb. When the time is come then china government will have very big trouble. All people have their right for limited freedom but if they feel that they don't get any freedom in their country they will try to escape, if they can't then maybe they will fight. Many countries trying to surpass China's domination in bitcoin now so we don't need to worry about that. That's my opinion.
11  Economy / Economics / Re: Inflation and protecting you wealth on: September 24, 2021, 01:05:49 AM
That's right but actually people who suffering because of inflation are only those who only have fixed income. For example, let's say I am a business man, when I use my money to create product and keep the money in good velocity then inflation will not cause bad effect on me even when inflation happen I can rise the price of my product so I can get higher profit. But this only happen to a small percentage of people around the world. Most of us are suffering because of inflation.
12  Economy / Economics / Re: Do you think financial stability is mandatory to be a gainer in Bitcoin invest? on: September 18, 2021, 03:20:43 AM
I think people who have a lot of fund will have opportunity to gain bigger profit. But it's not a guarantee. In my opinion, people who can gain profit from this investment are those who buy and sell in correct time. I only have small amount of money but it always doubled every bullish market trend. So I sold at that time then buy btc again when bearish market trend happen. Another example is, I bought TRX at lowest level at bearish market few weeks ago and now if I sell it then I can get 200% of profit, but I will not sell it now because I think bullish market trend is even not starting yet. So in my point of view, investing in bitcoin and other cryptocurrencies need knowledge and experience, not just big fund.
13  Economy / Economics / Re: Covid-19 vaccination becoming a criteria to live in the world on: September 17, 2021, 06:12:53 AM
Unfortunately the availability of tue vaccine is still low. I need to wait for long time until I can get it. I personally think that it is a humanity matters and vaccine should not be traded but should be distributed freely. The companies which produce vaccine should not take advantage in this situation, but government still have to support that company. Today, in my country there are many places that ask the citizens to show vaccination card. Even companies also give time about 1 month maximum to it's workers to get vaccinated.
14  Economy / Economics / Re: How to Influence the Bitcoin Market on: September 17, 2021, 02:39:39 AM
In my point of view. As a new currency bitcoin still has low liquidity so even if someone have 5000 or 10000 btc then that person can  influence bitcoin market. I got so many knowledge and information from legendary members here that help me to do calculation about bullish market trend, highest and lowest price level possibility. Now I tend to gain profit rather than loss. I think the key is we have to keep on learning. Now I learning about traders behaviour, I think traders are the biggest factor that makes bitcoin market so volatile.
15  Economy / Economics / Re: vitalik's contribution is also great on: September 16, 2021, 12:27:17 PM
He is an amazing person who give big contribution for cryptocurrency world. I also tend to believe anything he says regarding cryptocurrency, it's help me a lot for taking decision for trading. There are so many people who trying to create the same company like him and some of them are already success, I think it proof that his ideas are very good. Now I holding ETH and other similar cryptocurrencies such as TRX and etc. I think the bullish market don't really starting yet but I can get 200% profit if I sell some of my cryptocurrency that I bought few weeks ago. I like how ETH company work so I also invest in similar companies too.
16  Economy / Economics / Re: The volatility in the price of a bitcoin is falling over time, or not. on: September 16, 2021, 01:36:00 AM
I think the biggest reason that can make bitcoin price volatile is trading activity. If we compare it with fiat then we can see big difference in volatility. In my point of view, this is caused by the percentage of money that used for investing or buy goods is bigger than money that used for trading. Maybe it is because most of bitcoin users are trader so they cause volatility to create opportunity to gain profit. But I think it's not a problem because it is one of many factors that attracts people to invest in bitcoin. I think when most of people use bitcoin as currency rather than in exchange site then the volatility will be decrease a lot.
17  Economy / Economics / Re: Two basic things that can give you an advantage on: September 12, 2021, 07:18:45 AM
That's right but before that I think we have to make sure that we have done the market analysis. We can't make our mind believe that the price will go up again without doing observation, calculation and market analysis. Although I am a contrarian investors but I don't buy a cryptocurrency just because the price is fall. I learn about the coin first, from company's internal factors to external factors, also the prospect of the business segment. For example, I invest in a cryptocurrency called TRX, before I bought this coin I need to know about company behind it, this company founded by experienced person from another popular cryptocurrency that already success, this company works like ETH company and it's also already have many DAPP. So I think this cryptocurrency is promising.
18  Economy / Economics / Re: EFFECTIVE INVESTING STRATEGIES on: September 12, 2021, 01:56:28 AM
I always do that before buy any cryptocurrency. I have a cousin who invest in bitcoin too. The different is he is still a newbie in this bitcoin investment. He only buy when the price chart fall and sell when he see the price go up, he seems didn't do any identification and formulation. The result is he can gained 100% profit while I gained 400% profit. Basically he buy any coin that the price is falling, he think that those coin price are cheap. In my opinion, strategy, fundamental and technical analysis are very important in cryptocurrency investment.
19  Economy / Economics / Re: China cracking down innovation on: September 10, 2021, 07:08:00 AM
As far as I know they are a community which has good solidarity I think the government want the wealth spread more evenly among Chinese people although sometimes I think they do many excessive move. They control and push ( in positive way ) their citizens to run their business. But that moves make me confused, is the government afraid if there is someone that has very big power outside government institutions?. Well the government know the best about their country.
20  Economy / Economics / Re: The economy of Bitcoin on: September 10, 2021, 01:38:31 AM
I think the possibility of bitcoin price fall bellow 30k is very small. In my opinion, actually we are close to bullish market trend. The extreme volatility of bitcoin price is commonly happen. I have been investing in bitcoin since few years ago and I realize that it is like a psychological game, don't let anything what happens in the price chart makes you emotional and afraid. Just keep on your investment plan, strategy and calculation. Actually I think this condition is good because the bigger volatility of bitcoin means that traders are very enthusiast for trading.
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