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Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is going on in the market?
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on: May 23, 2018, 04:30:34 PM
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I really can not understand the situatin going in the market. Prices are running here and there. Is it a normal or abnormal movement. What should I do in the current situation? Your suggestion would be highly appreciated.
I think the rise and fall in prices are still in the normal category. because there must be a position of seller and buyer. incidentally today in the position of price down, this makes a wait position. It was a good day to buy.
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9
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Bitcoin / Bitcoin Discussion / Re: What do you mean when you say Bitcoin is number 1
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on: May 22, 2018, 05:14:28 PM
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We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1 - Store of value
- Services in addition to simple money transfer
- Convenience
- Security
- Investment/speculation
- Safe transfer speed
- Privacy
- Freedom from globalist control
- Other
The simplest answer. starting from the advent of crypto money, the value or bitcoin price is still the highest. this is what makes bitcoin number 1.
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12
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Economy / Economics / Re: Before I Die...
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on: May 13, 2018, 08:18:58 PM
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Man is a lot of hope, especially hope before death. but hope after death is ignored. I think we should have a balance between expectation before and after death.
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14
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Economy / Economics / Re: Working smart vs working hard - an ultimate guide
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on: May 11, 2018, 11:10:53 PM
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Being smart is about making smart choices. Its about making the right decision, the right step or the right choice. Smart people move up the ladder real fast. They also are the ones that have great cars, lot of money, and everything else the rest of us desire.
One should be smart enough to know where to do the hard work in order to achieve the success or the desired goal. If everywhere you keep working hard and not getting results means their is some flaw in the system or in our self and we need to know that so exactly we can focus on our work and work hardly to achieve it. Yes, I support this view. You should be smart to realize that you are basically wasting your time, not receiving what you consider worth the effort applied. It seems to be a prerequisite for changing your approach or attitude toward your work. But in this thread it is kinda assumed, meaning we all want more for less. With that in mind, I daresay that the fault or deficiency is always inside of us even if working smart requires changing your environment completely, like changing your job. In other words, we would still need some internal disagreement or dissatisfaction with the status quo, while the lack of this dissatisfaction, or not enough of it, is that deficiency in this particular case. All your topics and posts are great for insights and knowledge as a reference to how we succeed in working.
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15
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Economy / Economics / Re: Why we should fear a cashless world
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on: May 11, 2018, 07:51:48 PM
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if we look with the development of our technology easier for transactions without cash. but if the world without cash tends to be heavy because technology is not evenly distributed. people living in remote and impoverished areas can not yet follow.
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16
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Economy / Economics / Re: What's the most unique advice to attain financial freedom you have witnessed?
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on: May 10, 2018, 05:21:48 PM
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The principle of earning money being strongly based in emotion or psychology could be a neglected area. Her stance on this is that people who strongly believe that "money is crap". Or those who have strong negative sentiments or emotions about money will create a barrier which makes it difficult for these people to psychologically consider methods to earn money or do ok for themselves financially.
That’s quite an interesting concept. Robert Kiyosaky talks about it as well. If you believe that rich people have become rich because they have committed fraud, they have deceived other people, they have exploited their workers and the like, you will never become rich, because your mental picture is that rich people are evil, and you don’t want to be evil, right? Apart from that, I think the best advice, which I don’t follow, is to have a high savings rate. If you are able to save 80% of your income you will be financially free in 5 years. If you save 50% you will be in 14 years. 80% is not achievable by most people because paying bills and eating accounts for more than 20% of their income. 50% is achievable but depends also on your income and other factors. In most cases you have to have a present miser life to achieve future financial freedom. The approach I take is to always spend less than I earn, and keep investing, so I’m richer every year and I know that I will have a financial stable future but I’m not obsessed with being financially free because for that I have to sacrifice the present to be so in the future, and at the end of the day, I don’t know if I will be dead in 15 years. I completely agree with your concept. to achieve financial freedom in the future, we must be smarter in managing our income and expenses. we should be able to set aside income by saving or investing.
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Bitcoin / Bitcoin Discussion / Re: what are the common challenges for bitcoin user?
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on: May 07, 2018, 03:41:09 PM
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As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services. we should know. 1.what challenges are facing bitcoin? 2. how we can prevent it? 3. how we should face those challenges?
The challenges of facing bitcoin Is have a potential For theft it exist that make bitcoin virtually is impossible to steal But require significantly more effort on the part of users And with online bitcoin wallets there some chance That the currency could be stolen and its happened. What you say is not wrong, there are often errors about theft and security hacking that occur in different exchanges and businesses. but security systems have evolved quickly, such as wallet encryption, offline wallets, hardware wallets, and some signature transactions.
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