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April 22, 2021, 06:36:26 PM *
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1  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin halal? on: April 02, 2021, 05:01:01 PM
Different religious group has a different views about bitcoin not only in Muslim religion. They are viewing bitcoin as an illegal and gambling. But if they study about bitcoin very well, I think they will understand what bitcoin really is. It's up to everyone if how they can use bitcoin, because bitcoin can be use as currency, payment method, investment or even a gambling bet. So, it means it depends on you if you are going to use bitcoin in illegal works but if your religion doesn't allow you to use bitcoin I think you need to respect it.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Does the high gas fee make the altcoin make less volatile from bounty hunters on: April 01, 2021, 04:36:14 PM
A few years back people always said bounty hunters were responsible for some alts crashing because whenever they got paid their bounty tokens they cashed in for eth or btc forcing price to go down sometimes lower than ico price.

Now with current high transaction fees we experiencing sending tokens of a value of $10 or so is expensive as this could cost you twice the value of your reward which has seen less micro transactions of erc20 tokens, with this development is the high transaction fee good for crypto as micro transactions have reduced on the ethereum blockchain?

High transaction fee is not good because small investors will also suffer in sending their funds into an exchange. Bounty hunters are not the only reason for every dump of token in the market. I witnessed in one coin in the market that experienced a massive dump while the team still not distributing the bounty rewards. Also only small percentage of tokens goes to the hunters. It's a pity to the hunters side if transaction gas fee is too high because not all the hunters are financially capable and nowadays, if you are using erc20 to send your tokens into an exchange you need at least $10-$15 in your wallet.
3  Economy / Economics / Re: Can the world be without poverty on: March 28, 2021, 01:55:05 PM
I was thinking, if the world has no poverty maybe all people are just happy. There will be no crime, no thief, no illegal drugs, no one is hungry. But who will work? Maybe all people will work together and enjoy together.

But I am also thinking that,

It will not become balance if all people in the world are rich that's why poverty is always there so that those people at the lower level can work hard and the rich people pay them. You can see that people in the society is divided into a different level, there is a higher class, middle class, lower class, poor and poorest among the poor. And those different types of people has a different functions in our economy to make it balance.
4  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 🔥AMEPAY Round 2 |Simple & Elegant Payments system| Payment Monthly on: March 07, 2021, 04:18:50 PM
Week 12(06/03 - 12/03)
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5  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 🔥AMEPAY Round 2 |Simple & Elegant Payments system| Payment Monthly on: March 03, 2021, 04:27:51 PM
Week 11(27/02 - 05/03)
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6  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ✅ [BOUNTY]⭐BITFRESH⭐ iGaming from 90s - 10,000,000 BFT (💰$50k REWARD POOL💰) on: February 28, 2021, 03:13:01 PM
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7  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 🔥AMEPAY Round 2 |Simple & Elegant Payments system| Payment Monthly on: February 27, 2021, 11:02:29 AM
Week 10(21/01 - 27/02)
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8  Economy / Economics / Re: Fiat and cryptocurrency on: February 06, 2021, 11:26:59 PM
Fiat and cryptocurrency are the same but people in society differentiate them and value fiat because its adopted by the government far back, and since the existence of the world and also a specific country, so from my research I find out that government just disliked cryptocurrency for nothing,
So differentiating fiat from bitcoin is valueless because irrespective the importance and massive adoption of fiat currency from  its existence before cryptocurrency, it's obvious that fiat is money and bitcoin is money, their functions and contribution in society never depart from each other, so bitcoin now is the shortest way of transactions across the world without much process or procedures, using bitcoin everything buyable is easier to purchase without stress, so from my perspective I prefer bitcoin than fiat currency due to fast transactions process across another country, and nothing fiat can purchase bitcoin can't purchase, so no difference between both because all are currency.



Even though fiat and digital currency has the same functions and can be use as mode of payments but still these two currency are different. Remember that fiat money already exist long time ago while digital currency is just more than ten years. People are much aware and convenience in using fiat money rather than digital currency. Also we can't force government to accept and legalize a decentralized digital currency. Not all people already know how to use bitcoin so they are still favor in using fiat money.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin can play tricks on your mind on: February 03, 2021, 11:53:43 PM
I think doubts is always present in peoples mind but at the end it is still you who can decide if you want your doubts win or you want to earn profit and not doubting in bitcoin no matter what happen in the future. In this world there is no forever and everything keep on changing except the word change. What I mean is grab the opportunity now that bitcoin can give you no matter what happen because now bitcoin is really a valuable digital currency and I believe that it will not go to zero.
10  Economy / Trading Discussion / Re: How did YOU start trading in bitcoin? on: February 02, 2021, 09:26:54 PM
I started trading through my own research and study. At first it was very difficult because I really don't know how to trade. So, I just give it a try like just playing using an old coin like dogecoin and litecoin. I try to put a buy and sell order in just a small amount as a practice. Of course I always lost but never give up and try again until I understand how trading works. I learn step by step and slowly through monitoring the price movement and the graph. In trading you can start even with small capital and if you have enough knowledge about it , you will surely grow your small capital to a bigger one.
11  Economy / Economics / Re: Trading Bitcoin in Africa Is a Way for Some to Escape Poverty on: February 01, 2021, 03:37:42 PM
If people are wise and open minded, they can earn a descent amount of money though cryptocurrency rather than having a 12hours daily job in a company of others. Trading bitcoin is one of alternative to full time job if you are going to learn it. It gives you profit and you are the boss, you hold your time, you can trade anytime which is convenience to you while staying at home.

I know at this current generation almost everyone even the poor already knows how to use cellphone and other gadgets. It's not difficult for them to learn how to trade cryptocurrency in order to earn money. Young people on this generation is very familiar with the new technology like computer. For the capital, if they know how to trade they can start even a small amount of capital.

Trading and investing in bitcoin and other digital currency can truly help us change our life and way of living.
12  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 🔥AMEPAY Round 2 |Simple & Elegant Payments system| Payment Monthly on: February 01, 2021, 02:54:56 PM
Week 7 (31/01 - 06/02)
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13  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 🔥AMEPAY Round 2 |Simple & Elegant Payments system| Payment Monthly on: January 27, 2021, 03:46:34 PM
Week 6 (24/01 - 30/01)
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14  Economy / Trading Discussion / Re: Don't buy what you can't hodl. on: January 27, 2021, 03:44:53 PM
Patience is always the key to success or even in investing in cryptocurrency. If you want to invest and earn a good return, you should have a lot of patience like what happen in bitcoin, if you buy during 2018 lower value and hold it patiently, I'm sure you gain a lot this time that bitcoin increased too much in value. However if you are going to invest now, just invest the amount that you can afford to lost in a certain coin which you think will have a great value in the future and you are going to hold no matter what happen in the market until it reach your target value. Although it's difficult but a true investors are also a risk taker person.
15  Bitcoin / Bitcoin Discussion / Re: Paper money vs Digital currency on: January 24, 2021, 06:18:40 PM
blockchain and bitcoin cryptocurrency made for the future,
so no matter what happens, digital money will be used by everyone because it will be part of the future,
and finally mass adoption will occur, because it must become part of the future and paper money will be replaced by digital money.

What about those people still lived in remote areas without electricity, no internet connection and doesn't know how to use even cellphone? How they can adopt and use digital currency easily? I think even in the future it will become difficult for them and I believe despite of the existence of digital money or currency, people will still use fiat money because it was issued by the government. Unless government will replace fiat money with digital money, it could force the people to use the digital money.
16  Bitcoin / Wallet software / Re: -what are the best Bitcoin wallets? on: January 24, 2021, 05:30:51 PM
I kept my Bitcoin on Binance since 2017 and I feel pretty safe. Pretty dumb move but so far have not been hacked. However, the new bullrun is approaching and anything can be expected to happen.
Mightiest have fallen before, so I'd like to play it safe.

what Bitcoin wallets would you recommend for storage? or any other viable solutions?

Don't keep your funds like bitcoin in any crypto exchange, that is not safe. You need to secure your bitcoin in a secured bitcoin wallet like electrum or other off line wallet. In our country I only use local bitcoin wallet which is safe and easy to convert and cash out in fiat money if I needed. But I also use Electrum, it was a good bitcoin wallet I already tried using.
17  Bitcoin / Bitcoin Discussion / Re: What do you think is the biggest disadvantage of bitcoin? on: January 22, 2021, 04:03:17 PM
Bitcoin has a lot of disadvantages such us internet and transaction fees.  Without internet connection or Mobile date we can't use bitcoin that's why it's difficult for people live in a remote areas to adopt bitcoin because they are lack in electricity supply, no internet connection and not capable to buy cellphone and other gadget that can be use for using bitcoin and other cryptocurrency. Bitcoin transaction fees are too high, and maybe it bitcoins value continue to increase ,the transaction fee for it will also increase.
18  Economy / Trading Discussion / Re: Bitcoin Up and Down how on: January 21, 2021, 05:50:56 PM
Question from BTT Expert
Can anyone explain  that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?

Bitcoin up and down simply because of demand and supply. It means, if the people buy bitcoin the value of it will go up and on the other side, if people sell their bitcoins of course the value will go down, Simple, right? Banks is centralized, if you put your bitcoin in a bank they will surely ask your information so that they monitor your funds. Bitcoin is originally decentralized which mean you are the only liable with your bitcoins and there is no middle man that can make a transaction with your own bitcoin unless it was from exchange.
19  Bitcoin / Bitcoin Discussion / Re: Here's why I'm leaving Bitcoin on: January 20, 2021, 04:57:27 PM
Without knowledge and technologies they need to use bitcoin, how they can use it? Electricity, internet and computer or even a cellphone is important in using this digital currency. Since the story is about the fisherman in a poor village then I think they really don't know how to use bitcoin that's why they keep it and quit.

It takes time for them to understand what is bitcoin?, how to use it?, how it can help them?, How their lives be change in using bitcoin?  There is a lot of things to consider before we can see the changes in everyones life using bitcoin specially in this kind of place where people is not educated and only rely on a simple job that they know.
20  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] 🔥AMEPAY Round 2 |Simple & Elegant Payments system| Payment Monthly on: January 16, 2021, 08:41:38 PM
Week 5 (17/01 - 23/01)
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