Its quite alarming but I guess these people are also making money out of crypto. So most likely they cannot easily make some changes on it. There are lot of discussions about this already. If we always stick on it we will be left behind. Might as well be more productive and earn crypto more to bit the inflation rate.
The huge advancement and developments brought out by crypto in this short period of time after its production is the answer of your question. No big powers, no authorities can be a threat for it. You are very right, we should put our focus on how we can make this market more beneficial for us, by adopting the various ways of earning it offers we can fight inflation and many other societal issues. |
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What is stopping the US Government from outright BANNING Bitcoin? For argument's sake lets say today (23JAN2020) 3% of the US population is using Bitcoin for 3% of their purchases or financial transfers/transactions. And, let's say 5 years from now around 2025, 30% of the US population is using Bitcoin for 30% of their purchases and financial transfers/transactions. Consequently, the US Government monitoring this situation sees the trend that 30% fewer transactions are being done with the all mighty US Dollar. Well, it would seem that the US Gov would hold the view that the popularity or use of their US currency is being threatened by Bitcoin. And so, what is stopping or what would stop the US Gov to outright make it ILLEGAL to use Bitcoin at some such time?
The answer is simple - taxes and mafia. The USA once banned alcohol. As a result, authorities lost part of their revenue, mafia became rich and powerful (ever heard about Las Vegas), and people had been drinking anyway - but without the supervision of the state and health standards, people had been dying because they bought poison instead of liquors (as eg. you cannot distinguish methanol from ethanol in taste or smell). I would like to add a little, it is also because of the realization by the lawmakers and people in authority that they cannot Bann Bitcoin, which was developed in a nature that cannot be put under control by the authorities. The authorities realize that they do not have potential to do this as it is a global innovation and people likely to adopt all the innovations of time so it is very difficult process. |
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Those are powerful advice which is applicable for most traders who are afraid of taking the risks in trading. We should accept the fact that there's no perfect trading journey and there will always be losses along the way but we have to deal with it. There will always be lapses and mistakes but we should always learn from it to do better next time.
Lose and mistakes do not take your trading away from perfection. As every picture has two sides, everything has advantages and disadvantages, trading also have both profits and loss. Mistakes make things more clear for you than before and make you even stronger. The best part of your life is first noticing and then accepting those mistakes, and starts your journey toward a productive end. |
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Changing ways of transacting over the bitcoin network do really is essential for the development of the market because of finding alternatives to our native option of transacting over the internet. But imagine, the network that connects the whole world is only the internet because it is directly connected to the transatlantic cables that is shared over the seabed of the world. If we are to rely our transaction over bluetooth, it simply means one thing, which is to make a transaction over a short distance and still needs internet in order to broadcast the transaction. The only way I see bluetooth to be beneficial is what ledger nano S does, which is to connect the drive to mobile phones which makes it easier.
I do not think so he has asked about the comparison, definitely internet is the best mean of making transactions. I would say that looking at all the technological advancements and the increase in there number we will achieve a time when we will be able to send Bitcoin from anywhere to the whole world without electricity and internet. If taking in consideration that time, it is possible to send Bitcoin over Bluetooth. |
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In day trading, with the aim of profit traders buy and sell different assets. As it is very short term so people usually do not have fear of losing with the dumps in the market, it gives you a small profit by the end of day. People who daily trade also need to have time to time update about it. If we talk about long term trading it gives bigger profits in long period of time. Both traders get benefit.
There more risk in long term trading on investment, we cannot be sure that the coin we are holding will gonna be great for months or years that we are holding it, we just need to trust our instinct in order for us to sell it when that coin is soon to dump or getting a low price than you expected. Day trading is good, you need to monitor or very carefully and you need a fast hand on it. Long term trading is definite to give benefits. This is not the case always. I have seen many long term traders who lose even the amount that had been initially invested even after waiting for so long. In the same way, short term traders with a lack of experience never make it to the profit earning. All you need is much practice along with correct information to keep you progress up to the mark in trading. yeah trade for long term or called investment is very high risk, many people lose their value after hold one or two years because trend to down more often. its also happen to me, i lose my fund after i hold two years ago. i choice long term trading because i am not expert in daily trade. but really i get disappointed for this case, and till now there is no options except to be patience Trade for long term also gives long term benefits. Your big investment when price rises will surely give you a good benefit. Disappointment never let you succeed, it makes you dull and your performance ineffective. Always set back up plans for you, and remove the element of greed from your nature. Sometimes people in order to get a very huge amount lose their whole benefits. This is greed that keeps them going and in the end they are left with nothing. Do wish for benefits because this is what make people investors but be generous. yes i mean, high risk and high profit in there. Incidentally, risk for me till now and maybe you alright that i have feel greef so much and it make me lose all many benefits chance. but honestly i am still hope the all coins that i hold can give benefit for me although must to be patience because need the longer time to reach it. This confidence and hope of you in this market is the symbol of cryptocurrency as the leading currency in present era. If talking about you it shows the qualities of good investors. You have lose but you still want to invest because you believe that crypto will give you long term benefits and what you lose was because of your greed. This quality of accepting your flaws and making correction in them would lead you to higher positions. |
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Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire
Just listened that UK new pm has increased the wages of UK employees a few cents per hour, Laughed. When the wages will be small, how you may claim that bitcoin may hit $100K or even a million? People only invest a portion of their money in Crypto, And the government pays a very small amount around $11/per hour. Can this small amount make bitcoin to hit over 100K or a million USD?
If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour. When wages will be high, more amount of money could be invested in Crypto.
I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?
Haha. What a joke of the government. Very well said! Government does not want their citizen to be educated and wealthy, why? Because they know that anytime they might lose control to the people. That's why we are working a lot but we receuve low amount of salary. Government does not care with economy and citizen of the country but they care about their own financial assets. All the governments and authorities are busy in filling their pockets. Whatever they do has no real basis, it is just a show to fool their people. As they have no concern with the common people and their wellbeing why would they led something happen that would help and secure them. Crypto is benefiting common people by financially making them stable, providing them needed security, giving them multiple options of investments this all will made them independent, secure and stable. This would be a threat for the government as they never want their people to be in a better and stable state because that would take off their control from them. |
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Some countries have legalized bitcoin, just look at Japan, China and some European countries that have legalized bitcoin transactions. what are you worried about?
Bitcoin has a bright future.
Yes, and a lot of foreign countries around the world are now realizing the use of bitcoin and other crypto currency. A lot of countries now are adapting to the digital age through crypto currency intending to make their own form of digital currency. You are right now bitcoin is being adopt by so many countries that has crypto in use. Bitcoin is rising in value and price because of this adoption Bitcoin is the most volatile coin that people use to take advantage of it and buy at low to sell at high. Generally bitcoin is the best coin to invest our money in it for long term holding so in short the future of bitcoin is so bright. Its worldwide acceptance, and rising value has made it talk of the town. People were not much interested and attracted by the Bitcoin and cryptocurrency in past as it is today. The difference of opinion and mindset is due to its advancement and benefits. This surely is an indication of bright future of crypto market. If the crypto will grow, Bitcoin being its fundamental component will also shine brightly in future. |
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It seems that it is no longer possible to promote Bitcoin, because we know that there are already many advertisements on social media and YouTube and television, there are lots of ads popping up about bitcoin and blockchian technology, and several applications such as DANA, OVO, DLL, it's time for waiting for bitcoin to return to the moon and enjoy your investment from the dry price in all markets ..
It is true, however, even if we have social media's to promote bitcoin, there are still more people out there who do not reach by this technology. What bitcoin need is more demand and its users. Even if we have so many ways to promote it, it is still not enough to get them use it. That is why, continue promoting bitcoin is a must. Then after, we can enjoy it once it goes to the moon. Promotion of Bitcoin apps, sharing it on social media accounts, creating seminars for attracting more and more people toward it and giving them the knowledge about it. Users can talk about it in their social circles, if you are doing a job you can promote it there by sharing it to your fellows. Share your good experiences, techniques you used, places where it is accepted as a method of payment. |
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Plenty of shitcoins have fallen by the wayside and died while Bitcoin is still here and going up.
"Diversifying" in shitcoins is a risky move I definitely wouldn't do something crazy like 50% Bitcoin and 50% shitcoin. I personally think holding a bit of an altcoins you think has decent chances of long term use and future use isn't crazy and you just invest differently into them. For example you buys $100 of Bitcoin a month or week and you use your signature campaign funds on Ethereum until you have 32 for a full node and the keep everything as bitcoin. Going forward.
Sure it's risky but if you believe in Ethereum or whatever shitcoin it might just be a risk you're willing to take.
Bitcoin is the king of this digital currency and it is standing on top in the present time. The change in the value of Bitcoin affects all other crypto coins in the market. Bitcoin is more valuable, powerful and effective of all. I truly agree with your idea of going for diversification would be like welcoming risk. You yourself can better relate the value of Bitcoin with others and then take a decision whether you want to invest in Bitcoin or go for diversity. |
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that is very good advice, there are many ways to manage it but the most important thing in my opinion is how to control greed when profit and panic when lose, most of traders are eaten by greediness
Manage yourself and your trade also. Hard times are also the part of trade, but how you manage to deal with it is very important. Very good traders sometimes panic in hard times, they just take the dumb in the price as the end of world and are not able to manage the situation. If you have make the decision of investment and with the big heart have invested your hard earned money in trade, show some more capabilities by managing everything with patience and care. |
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I dont think this claim is true because this thought was came up recently when the BTC reached all time high and started tracing back, coincidentally, Chinese New Year was in between. The market is bullish right now and we are seeing good volume in flow. We may not see any dumps for Chinese New year this time. Also it is in just 4 days from now so its nearly impossible to happen.
just like Christmas does not affect on prices, so there is nothing special about the big day on bitcoin. and in my opinion none of that had an impact on the market. current increase indeed this year the market is bullish because of halving. China is dominating in the crypto market. The recent calculation of daily usage of Bitcoin in China indicates that it is used in daily basis with highest percentage of 42%. The country want to adopt this digital currency as a legal currency beside fiat. Remembering the past years Chinese New Year effect on Bitcoin price, it is predicted that it will have a negative impact on it. As the price of it dropped during these days in past years. |
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I think buying actual goods with Bitcoin is a good way for people to see Bitcoin works and is a good way to earn and spend money online. There are a lot of online stores that sell for Bitcoin now, and I bought many things with Bitcoin already, a few examples are: My PC was my biggest purchase  fully bought all the parts and payed with Bitcoin Weed on the Darkweb once with Bitcoin to test it out, was pretty good and went well. Different games for my pc. I think Bitcoin is pretty valuable and it is dumb if you dont increase your stack again after you buy something with Bitcoin. Well, sometimes everyone wants to use bitcoin, even some people have done business with it. it's just that, some stores like Steam close payments via bitcoin because the price is very unstable. however, I also want to spend this bitcoin and want to introduce it, it's just forbidden. so I only advertise it from places that I can reach. You can use various platforms for its advertisements. Start from introducing it to your family and friend. If you are doing a job you can share the idea with your work partners. Different social media platforms that you are using you can daily advertise from there also. Beside that you can give someone the idea of investing through this market if he is planning to enter in business. |
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As the title suggests. I am a newbie trader and have recently found out the benefits of trading options. The hard part is that there are just too many things I see that I have to fill to execute a trade. Are there any guides that could help me understand trading options? or any platforms that makes it easier for trading? Thanks in advance.
Complete newbie ? 0% knowledge even on basics? If yes then better to start up with Babypips.com, finish up the courses and im pretty sure it would help you out on your trading journey. Dont consider options on your list yet this would be most likely to be a gamble rather than considered to be a trading.Better focus on manual trades, it might not be similar in options when it comes to profitability but the risk is much lesser. If that's the case, look for more information here in trading discussion and find some topics that will really help you. Also seek strategies and techniques to other people and after that try to follow and observe how it works. Trading options need a lot of time and effort to execute it completely without and problem or errors. If you trade on your own without the help of bot and other automated trading sites, it will improve your performance a lot. It not a big tension in the present time. You have multiple options to learn and know about the trading. This is true people share useless posts and false speculations now a days so it is hard to believe what is reliable. Just ask someone what is the reliable source and then start following it. Some people are good at listening some at watching ad others at experiencing. You better know about yourself so adopt the method best suits you and improve your flaws. |
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We're playing because we desire to win some money, but the most important thing once we're playing is to be wise once we win we can stop playing and return tomorrow. Also, maybe if something is going on well that day people might feel more enticed to gamble as they would believe that they have higher chances to win even though that is completely false. It's all literally just in peoples heads. The fake beliefs and fake hopes.
Although you have a passion for winning some money, you must realize that in gambling, you will not have a big chance to win that money. I think only with act wise that will help us from the loss of the money. Maybe if all gamblers consider that the win money is as a bonus, and they don't think about how to win, they will not become addicting because they already know that gambling is not for making money. I don't see the real essence why we gamble herein the first place, because gambling for a reason should be deep and will be good if we win, so contradicting to the idea of yours, there is a big chance of winning big in gambling and that could be achieved through betting unsual amount of fund and if the systems tells us to win, then we can claim the profit without ease. The reason why people could tell that gambling isn't really worthy of winning is because, they mostly bet small amount of fund, not considering the capability of it to have 50/50 percent chance. In short, they are afraid to bet huge. Exceptions might exist. There is a possibility that if a gambler is offered a specified amount of money then he would think about quitting gambling. Because in my opinion gambling is itself a very tiresome and stressful activity. Gamblers don’t actually live a happy life overall because the fear of a loss always occupies their mind before they get into the game. So everyone actually dreams about quitting it if monetary needs are fulfilled through some other method. |
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Depending on the situation of the market, I don't have the exact time for each trade. Usually I will keep them for 3-5 days for the positive market, or I will keep them for 2-3 weeks or longer if the market is sideways or going down. If you set a fixed time limit for every order when trading, then surely you will not be flexible and can not earn profits.
Holding on a trade is dependent upon the market prices of the coins. If the coin that you are currently investing into is not having much value in the digital world, then obviously you will not hold on to it even for a day. Mostly people spend more time for bitcoin trading because its price is much more reliable to gain profits. |
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What is exactly meant and understood by this "personal enjoyment" generic category? Is it one feeling or there are many? What do people actually feel when gambling with motives other than purely financial? What do they get out of it? My take is that they are feeling in control of their fate, even if only for very brief moments. Simply put, that they are not losers, and luck is on their side, at least sometimes. Indeed, we all know that this feeling is fleeting and false overall, but it is so nice and pleasant that we are ready to pay for it, up to a point where we get addicted to it
So what's your take on this? What's in the game for those of us who are not looking for anything other than personal enjoyment and amusement? Be specific!
I think that you've described it perfectly - to get that momentary hit of dopamine. It's obvious that people do it for financial reasons as well, but at the end of the day, that is not what most people look for (unless you're one of the people who see gambling as a means to recover losses from elsewhere, like trading). Especially lurkers on dice sites, they're obviously not influenced much by finances. Honestly, in the more extreme cases, it is a pure, unadulterated addiction to chemicals produced in your brain - that is all. Gambling is more like chemicals that could intoxicate our brains? Well on this opinion mate, I guess the raging toxicity is with the emotional management of a person. There's nothing to do with addiction, and if people happened to be someone like those addicted persom, I think he needs a rehabilitation to control thing over and out. You have claimed that you play just for fun. Stress is obviously a factor that does count when you are seeking monetary benefits from gambling. This is because you don’t care about enjoying the gaming experience. Your only aim is to win money. And I have seen that the more you are cautious about making money the lesser is the chance of winning. |
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In fact, in every country, the government is the body that controls the issue of the national currency. In the case of cryptocurrencies, there is no such control. I think that governments can be loyal to cryptocurrencies if they can control their turnover on the territory of their countries. Otherwise, cryptocurrencies are competitors to national currencies.
Governments should not be threatened of it. I am of the view that if governments allow it as legal currency that would reduce the number of crimes in this market as everything would be monitored and this will benefit the people and economy both. They can introduce it as an option with the paper currency. If the economy will grow it would have a direct impact on their government and country. |
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We need it both in the workplace and in the way of life No one can be planned without one Likewise Bitcoin will not end. As long as the marketplace continues to use bitcoin there is only a fluctuation in prices Likewise blockchain is growing in line with developing technologies. That is why it is difficult to say which one will survive and which one will die.
Let’s take it in this way Crypto is a vehicle, Bitcoin and Blockchain are the wheels of it. A vehicle cannot move if even one of its wheel is not working. Not scammers, predictions, speculations, false posts, haters, actually nothing can stop this digital market from growing and easing people. It was meant to comfort and benefit people and its present state is giving the proof of it. I can say this with guarantee that not Bitcoin nor Blockchain will ever over. |
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Big risk ,big results, not work for every trader or investors. First you have to look at how you have skills of trading. Unless there is a trading skill, it will not take long to become a huge capital to Zero. Those who make profits by trading with huge capital they know how the market works. Inexperienced traders cannot take profit because they do not know how to trade and how to market work , do not know how to control emotions.
Starting from a small capital is very good in my opinion if you want to become a large investor who has a large capital that can generate very large profits. but if the graphics that you have are not great you should continue to study and not try with high scores. Command of knowledge, the entities involved, the processes and correct check of numbers this all constitute to give you good results. Your idea of introducing small business and gaining experience from it is very great. This will help you in many ways as you will continue to learn in the whole journey. In this way when you will make big investment you will be more hopeful for the good esults rather than lose. |
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If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
Good idea. Values like "very attractive" things, I guess. Well, people need to have strong reasons to use Bitcoin/crypto. I think these need to be part of the reasons: sound/safe money, better security, gives you control over your money, transparency, better marketplace/stores, decentralized insurances, etc it's a pretty nice idea if this is done in a larger scale, creating the impression that bitcoin is that big already and it also encourages them to use and think of bitcoin as a currency and not as a get rich scheme. In that way, people will at least have more trust in cryptocurrencies and not pull-out at the sight of a single dump. Hopefully this idea is executed by those who have bitcoin to spend with them. Amazon is the biggest online brand that offers variety of products, it accepts cryptocurrency as the method of payment. In the modern era, everyone is so busy and people prefer online shopping than going themselves to the shops and buying the things. You can share your experience of buying online stuffs from this site using cryptocurrency this will promote Bitcoin and crypto market. |
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