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161  Economy / Economics / Re: One of the biggest problem Now with currencies on: October 08, 2020, 03:43:44 PM

So You Can't Even Exchange them to other currencies... What They do about it?


This is a hard situation for a country and the citizen. This means the poverty level there will be very very high and GDP will be low because production will be far from the people. The people there will have a bad time to life there. I think if the government is not corrupt, they can't apply for loan from the international groups they belong to start developing the country by investing in the sectors of the economy.
162  Bitcoin / Bitcoin Discussion / Re: Are people giving up on Bitcoin too quickly? on: October 08, 2020, 02:48:44 PM
Usage of BTC and other cryptocurrencies is only continuing to increase.


The increase of cryptocurrency usage is almost getting everywhere and we are seeing many more exchanges which is to show that more cryptocurrency adopters coming into the system. In the few years to come we see that it will increase more because covid-19 and short down has taught many how to invest in cryptocurrency.
163  Economy / Economics / Re: Cryptocurrency Adoption: A Breakthrough? on: October 08, 2020, 11:32:14 AM

Cryptocurrency adoption is a good one which it can help the country to find solution to all the challenges the lockdown has caused in their economy.

How can bitcoin solve all the problem of the country?
I think it can only help the unemployed youth to sustain themselves if they invest in bitcoin maybe for a long time or to trade it and other coins. During the lockdown, the problem that the countries had was health majorly.
164  Economy / Trading Discussion / Re: Anyone inside this paid trading group ? on: October 07, 2020, 10:30:53 PM

Are you really asking or is this your own telegram group? I hope I don't see other new members posting their "profitable trades" later.

I also believe that Op is trying to show his telegram group. The simple thing about this is that telegram group that gives out signal are always doing pumping of a coin and dumping it without the knowledge of others.
165  Economy / Economics / Re: rich people super rich are taking loans now why? what it means ? on: October 07, 2020, 09:09:49 PM
rich people around the world taking loans?
they use their properties as collateral what it can be out come for propery market? what they do with money?
do they use same method as taking loan against your crypto instead of selling a asset?
what we can expecing? the property prices will go higher?


If taking properly to use for collateral to buy cryptocurrency means it is more useful to the buyer than the property. Recently people are seeing cryptocurrency as an asset especially bitcoin. They prefer hodling Bitcoin as a better risk.
166  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Chairman threatens to leave US over crypto regulation on: October 07, 2020, 07:22:34 PM

Just like in the article, the thing is if the U.S. are actually aware that this regulations are going to discourage crypto and even blockchain companies from setting up and functioning in the United States, and even if the U.S have the best economy in the world, they'll rue it in the long run if they are far behind other countries in crypto adoption and blockchain usage because of some of this unnecessary regulations.

The US government is trying to protect any business around them to put a strong reputation about them and the protection of the citizen. This can maybe work in a centralized projects but it will be difficult for a decentralized.
167  Economy / Trading Discussion / Re: it seems to getting more difficult now to analyse cryptocurrency prices on: October 07, 2020, 05:03:16 PM

you have to follow the trend as much as possible.

This is why loses is much because to find exact trend is not easy. The market of cryptocurrency is difficult to adapting. Most people depend on luck because you buy to hodl and before you wake up things have changed, except you pend a buy that is how you can follow that trend.
168  Economy / Gambling discussion / Re: Gambling is Addictive...Pay Attention to your Gambling Habit!!! on: October 07, 2020, 04:04:59 PM
I was once an addicted gambler. It happened few years ago, I cant control myself when im playing. It all started when I play dice because I heard that my friend managed to triple his money through it. Unfortunately im not lucky just like him and lose. From then, I often try to recover what I lost, end me up to a worst situation. Though I overcome those moment its a lesson learned to not enter into something you're not aware of, about the possible consequences. Gambling is addicting but it depends on the gambler itself, if you have control and discipline then you wont end up as an addicted gambler.

Being addictive is different from being discipline. People that are addict find it difficult to break away from such habit that they are addictive to. Maybe you just wanted to try luck with yourself after you see your friend tripled his money. Well maybe you are lucky to go out easily.
169  Economy / Gambling discussion / Re: Bitcoin betting on the 2020 US Presidential Election | Trump vs Biden on: October 07, 2020, 12:15:51 PM
I think Kanye West must need a special program to help him get through the presidential election because the opponent of Kanye West is an important and smart person to strategize, Kanye West is a rap singer and will find it difficult to do that

I would have thought with less than 40 days until the day of the election that the nominations had closed and ballot papers printed etc.  I can't help but wonder if leaving it this late is so KW can then go on to say "well, at least I tried... kind of..."

That's what I'm thinking too that nomination forms and registration would have closed now with election coming closer. I don't know if there is a verification for this. But come to think of it, is Kanye experienced enough to run for American president?
He could start trying his popularity with governorship position as others have done.

170  Economy / Gambling discussion / Re: US 2020 Elections data, polls and bets on: October 07, 2020, 11:00:17 AM
I expect Biden will win by a hair and Trump will not want to give up so easily and will contest the result in court with his main argument being the high number of absentee voters.

If it happens we can expect protests and possibly a stock market crash like in Spring.

It is a tight contest. Joe Biden is not a push off politician. He has been around for long and there experienced too. I expect stock volatility as November approach. We all need to be careful with our investment because stock market will highly be affected as the election draws up.
171  Bitcoin / Bitcoin Discussion / Re: BITCOIN basher, the Liar 'John McAfee' is finally Arrested on: October 06, 2020, 10:19:47 PM

I think he would be fined more for tax evasion than lying to investors promoting ICO projects.

That of lying for promoting fake projects would have been more suitable for investors who have list heavily for because of fake hype from him. If only there are standing roles on cryptocurrency against deceivers, it can be more nice so investors won't lose their savings. I don't support tax invasion too.
172  Bitcoin / Bitcoin Discussion / Re: Bitcoin Adoption - Climate Change - Internet Access on: October 06, 2020, 03:24:39 PM

We need to deal with our dependence on fiat currency to improve our financial system just as we need to deal with our dependence on oil to fix our climate problems.  


These are two major revolution that is taking over the globe especially fiat and cryptocurrency debate.
The oil burn through various means no doubt affects the climate pattern because it is depleting the ozone. These are two serious concern you have mentioned here.
173  Economy / Economics / Re: [POEM] Is that all? on: October 06, 2020, 03:02:54 PM
The content of your poem is reflective. To many , this year 2020 is most disastrous because covid-19 took many lifes and turned many to orphan. This is such a bad year for the world and worse is people living still lost their jobs.
174  Economy / Speculation / Re: What will happen next if the resistance breaks? on: October 06, 2020, 10:22:54 AM

do not forget that when the news of the Corona virus came, bitcoin did not fall at once and behaved like now, but in the end, March became an exemplary fall.


I think on the other side, bitcoin has shown a very strong resistance not to fall since corona virus. Yes, unlike people believed it was going to drop because people weren't allowed to go out for work but that became an advantage for bitcoin. At the moment, the price is not in bad shape as it is still above $10,000.
175  Bitcoin / Bitcoin Discussion / Re: Yeees it's happening on: October 05, 2020, 03:34:55 PM
it is a start i would say, more like creating awareness through this means, there are many btc atm around the world and an addition is always welcome, the awareness this will generate is most important because if this convenience store has a good number of customers and probably 90% of them are unaware of btc before but with this atm that number will definitely reduce and who knows some might be too curious to want to dig even further.

This is not the first store to showcase this but it is showing that the awareness is coming stronger. Many stores are beginning to show interest in the use of bitcoin. It is a good thing because we can use our coins and cash in exchange for the other. We are going higher and higher in this move.
176  Economy / Trading Discussion / Re: Bitcoin Is Building A Massive Head And Shoulder Formation! on: October 04, 2020, 08:58:33 PM
It is super confusing for inexperienced traders but summarizing the total data lets us view the main picture. It is easy to detect the pattern after it happens, the mastered traders try their hard to predict before the last part of formation happens if you know what I mean. Breaking the neckline will cause more pressure on buyers and this pressure will be the reason for a fake breakout which will hunt all stops of sellers. Just my 2 cents.

The professional traders or master traders usually depend on previous chart happenings to determine the next direction of market. This is the way chart analysis go. You are saying what it is like and I follow such. Analysis should predict what next before it happens.
177  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a new investment on: October 04, 2020, 05:20:03 PM

Do you think bitcoin is the best investment choice nowadays to earn money?

I don't think we can say it is the best but it is part of modern investment now. And it is profitable just as many other investment including the real estate too. General feeling is that cryptocurrency is an investment that many put in money because of the high volatility.
178  Economy / Trading Discussion / Re: we need more volatility and faster bear bull bigger losses or bigger profits on: October 04, 2020, 02:31:59 PM

When it is stable like now, time to accumulate!

I believe on this time too for buying. Price of bitcoin has been stable for sometime since two months, it has been around $10,000. After this stable price, it can pick to $12,000 and above because festival for December is around.
179  Economy / Trading Discussion / Re: Which type of trading you think is good? on: October 03, 2020, 09:35:26 PM

On the other hand, trading based on event news is pretty easy. You don't need to have much knowledge other than the capacity of ebaluating a project.
What do you think? Which method is good?

This is the most simple and easiest way to think of trading but it is far more than what it is you think. Trading needs well equipped knowledge to swim better over it and if not, losses  will not stop to come. Is better that we be careful to dovit profitable.
180  Economy / Trading Discussion / Re: Is anyone here who made good roi with defi? on: October 03, 2020, 09:02:51 PM
I've made a few grand but I'd say these defi hype will go down sooner or later. It is like the ICO boom where you can made 10x after Binance list your tokens, and gradually fall of the cliff later on. These plays are so risky and rewards early users only, while relying on pleb fomo mentality to pump the tokens. Not saying there is no good project out there, but most of them are seriously overpriced.

You are lucky making money on it and like you said many too would have lost their money. This kind of project for me are risky to invest on . 2017/18 was a lesson to many with the ICO hype. The DeFi also is looking like pump and dump. It could be better than ICO though because some ICO project never got listed.
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