I don't understand what the explanation above is, but is it possible that bitcoin can be insured. Do not think about the difficulties that occur to claim when it happens, something that is certainly with evidence. bitcoin is not authentic with a piece of paper that can be used as evidence.
in fact in bitcoin trading all know the risks that will occur and that is absolutely understandable. so just need caution and good analysis to prevent something very harmful. knowing that I think it's a risk, so there is no alternative that can replace it.
Yes, Options trading can be utilized like an insurance. You can have a look at this video for better understanding. You could also check out the article the OP is referring to "Insure your Bitcoin with options". It has image that could help understand what its about,, in a slightly better way. I see that article is very useful. I was bit confused at first about option trading, however the article smoothly explains it. It’s really good idea to put with premium and insure your big trades. I loved the idea in first place because all you will be loosing is your premium and nothing much and when it will be a winning then it would be way more than that. Nice idea for those who have big holdings and want to put up for long term holdings.
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It’s usually the project which fails and then managers are named as scammers or people believe that it was publishing manager who dragged them into the project.
When other managers try to make their career into this bounty stuff then those people who where scammed before (unintentionally) will spread bad words about them and thus before they could even start something they will end up badly.
It’s crazy world around the forum, it’s all about public votes and their views about each profile.
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That's insane to call bitcoin as worst cryptocurrency. That even sounds crazy while reading it. I mean all these years bitcoin has given such stubborn backbone to the crypto industry and all they are saying it as bad boy here.
Those who rate shitcoins over the bitcoin either play with blue chip stocks or they don't understand the gravity of bitcoin at all.
Also, coming to the topic, these things can be manipulated easily if it profits the surveyor. There could be many reasons such as putting more stress on other coins and thus pumping their signals. Or other ways to manipulate the market in local regions. It's big world with big intentions.
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It's easy, any coin that is not able to make top 25-50 is basically shitcoin. Because all of these coins have made it through huge market cap and people acceptance is heavy they could be considered as secure coins to invest. In practical terms any coin that sustains market for longer time would be considered as good coin since that's what expected for long term investment in traders eyes.
Any coin that is not making the above list is shitty since they are struggling a lot and acceptance getting reduced.
Follow this basic rule and track coins to know which are the best.
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where will this money come from? What I understand from the government decisions made into last stimulus package the was actually bought from the bank of reserves (respective country has different names) where they keep portion of money in safe deposits all the time. This is why it's called as reserve bank. They use this money in the same situation as we are in "the emergency". This helps push ahead the economic conditions of country and try to stabilise it. However each country has limited supply and surely this cause the second problem here as stated in your post and that :- Inflation developing economies just run into Hyper-Inflation. Yes inflation in developing countries could be worst since government can not feed all the people, large population and illiteracy rate is always high in these country which leads to poor management as whole. Businesses are ran by wealthy and employment goes to educated. Again the question arise for illiterate population and they become unsecured in terms of buying even food, consumable and daily needs. a debt Trap pretty similar to one we saw in 2008 And when businesses suffer, people are suffered too. They have loans, EMI's for houses, cars and what not. They need to take more and there they trap. Yes this is the case scenario here but it won't help adoption of bitcoin since this there is no relationship between the two at all. All these three are real problems and unfortunately bitcoin is not the solution.
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Since this is not the first time humans have faced the economic crisis I guess it won't be much depressing after couple of years when everything reset to normal.
I have observed we as humans make fuzz of something bad to extreme levels, start thinking more worst case scenario's but it has occurred that we always comes up with the solution and forget what was happened. It's funny and proves primordial behaviour.
Let me put the years here when we almost lost us due to crisis but we stood again and living in 21st century.
the Great Depression 1932; the Suez Crisis 1956; the International Debt Crisis 1982; the East Asian Economic Crisis 1997-2001; the Russian Economic Crisis 1992-97, the Latin American Debt Crisis in Mexico, Brazil and Argentina 1994-2002, and the Global Economic Recession 2007-09
I guess we shouldn't be worried about the current one as well if we gotten through all the above when we had NO RESOURCES.
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The madness will probably stop in q2/3 (in three months). I cna imagine everything reopening then if it doesn't get fixed.
Hopefully the gov will just decide its more worthwhile to infect everyone determined healthy for 2 or 3 weeks and wait for them to recover and have enforced mass immunity of we can't get a vaccine fast enough...
This is one of the good thinking here. Yes, and that's what government is doing right now in most of the countries. Well even in our biotech industry our management staff decided to keep all employees at workplace and keep working the normal way. We have workforce of 4,500 people and all coming to same campus. It's ridiculous but as it sounds it helped everyone. After three months it seems we had only 51 employees covid positive while it is thought that others were infected but are asymptomatic and thus might just have gotten natural immunity. That's the best way to get out of it.
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India is literally opened up completely now. Have you seen the news recently ? Just see how life has settled to normal days and how people are wandering everywhere they want. Since Lockdown 5.0 (Unlocking) nobody really cares about Covid19 because their priorities are to feed their families by doing some work.
In India most of the population lives on "hand-money" where they work and at the end of day get their wages. This is why people won't be stopping in houses anymore and they will keep working so that they can get food for atleast on that day.
Now, here comes the trouble, this will boost the covid19 spread to larger population.
There is no solution until we get Vaccine for the same.
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Yeah it is but I guess it's also reasonable in terms of government. If you are earning money then some portion has to go to taxes and there is no harm at all. I have even said same thing to other post where guy was arguing that where he should put his money so that he can avoid taxes. It will even help your credibility in financial way if you pay your taxes on bitcoin. And they are not 30% straight on any amount. It's a slot that was defined in the India Budget 2020. This slot (30%) is applicable if your earnings are more than INR 10,00,000. When you reach that much earning yearly then it's fine to pay that much taxes. Lots of benefits I guess rather than debating about it.
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Both things can happen, either it will go to moon or as you stated it might just drop to hell. More interesting thing would be looking those kids heart beat going up and down everyday in the jail. They will surely serve double punishment. Lol. One would be the real jail stuff and the other would be stressing out of the prices that goes up and down everyday. Just imagine a cop on patrol making joke with them everyday about the price which has dropped a lot. They will cry like anything. Might just tell attorneys increase their jail time to lifetime. ROFL.
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Hm, this is very interesting thread for me. Since I have never seen such addresses before! Not that I have not heard of it, but so many examples up here that it amazed me. So by looking at the Vanity word here I searched about it and also ended up on site here : BitcoinVanityGenTried my name with it but it says it will take from a minute to several hours to generate my address. I wanna know What is the play here and How do they do it? Is it some sort of algorithm that generate thousands of address to end up with my letters at start OR i am not even close to what it is? Edit : Reading this one, but would be nice if someone explains the backend process.
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I support the idea. But in the absence of this feature, you can use Loyce.club. (Only if you have posted after July 21, 2019) For example, below is one of the topics you have posted in. You can use this link and then use CTRL+F http://loyce.club/archive/topics/525/5255379.htmlAlso, in the thread you are referring to in the OP, you can click on "all" button, see all posts in one page and then simply use CTRL+F. In the case a thread is so long and "all" button is not available, you can use the tool created by LoyceV. (Visit the link below.)"Show All" on long topicsThis is good way to do it but I guess it's the same thing as OP. Only in your case you have to go to LoyceV's archives and then search it there. We could use the OP's idea so that we don't have to divert to other sites and then do it from there. However, one can also easily go to their Post history and checkout most recent posts. It would take hardly few minutes to run through 10 pages X 20 posts = 200 posts. I believe you won't be needing any older posts than that. Just my input. But the ideas good too.
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Smoothly said man. Everyone has to follow this method so as not to get caught into swirls of emotions. Many people have created threads regarding how they have lost their money due to some idiotic decision which they made because they thought this will happen-that will happen kinda thought process.
So if everyone goes around making each and every available trade out there then they can go wrong multiple times. This creates greed and then people go crazy to earn their losses back and further turn it into profits. But as we know that turns into chaos always. It's better be smooth, straight and properly studied.
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If you are getting this much profits on which you can live your life then why don't you just honestly put the money in Bank and pay the taxes. I mean you still be earning big bucks every other day. Lolz. So what do you have to loose beside some chunk which will help your nation grow. (!)
I guess you just lurking around to advertise that website and nothing much. Anyone who is earning so much money would never go public and ask for help by asking where to spend and keep the money to avoid taxes. That's funny.
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There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.
You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
Only trust the real news, real projects, real coins, basically trust only real stuff. If traders keep their eyes open 24*7 over market then they can easily earn cool bucks around crypto market. Just yesterday I had an good experience with a coin named as commando (literally had no idea about it) and saw it pumping to 131% one day and 60+% the other day. If you would have taken that coin day before you could have ended up earning more than 150% in single trade. That's the beauty of it. But for this you need to be alert, and focus on real stuff or your eyes. I'm not saying such coins come daily but there are instances when one should not miss.
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Akon City phase 2 will run from 2024 to 2029 and will end with a complete cryptocurrency city running exclusively on akoin cryptocurrency. This is just a rehash of an old (and bad) idea. It just adds a layer of altcoin pump-and-dumps on top. The first example that comes to mind is Bitcointopia: Inside 'Bitcointopia', the Desert Crypto-Kingdom of the FutureThat turned out to be a real estate scam and the mastermind behind it went to prison. Another one which never really took off: A cryptocurrency millionaire wants to build a utopia in NevadaEven if these are legitimate ideas (read: not a scam) the whole idea is irrational. Why would anyone want to go to this place and be restricted to using a particular cryptocurrency? What the hell is the point, besides pumping Akoin of course? That is very disappointing and I thought I am seeing the best news around the internet. Lolz. I really should have researched a bit more about this article and akoin stuff. But if we see this idea then it could really move stuff upside down for bitcoin. I cant imagine a whole city using only crypto currency and no other trades. There would more money flooding in when all businesses deal with them. E.g. external world making investment into them and thus they converting it into crypto form. BUT. . Here I see comments which are stating this as illigitmate idea. I guess it's thinkable in that way. Only Arabs king could make a whole city and not Akon, (may be).
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What terratory are you in? In the UK we only lost about 20% of the economy in March even due to lockdown (so enough people bought things and did things online while being off).. Most countries seemed to furlough people too so they did get "free" money from the government.
I don't think it should be up to a government to give away free money, maybe give money in exchange for efforts people have wput in to social distance, isolate or volunteer to help but you can't print enoghb money for everyone to start a company...
Yeah, same thing goes in India where government decided to give out 271 billion dollar (20 Lakh Crore) stimulus package to businesses itself. This will help small scale to midcap business restart from where they left and fill up their losses if any. On the contrary I also believe that people have lost nothing since as whole world was stopped at one point. This means the whole chain from producer to middleman to consumer was halted. Thus the loss which is being hiked so much these days doesn't really exists. It's just that we have lagged behind a lot and it won't take much time before economy resets itself.
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This is really amazing piece of news I have seen around the Internet. I literally never read about this before so thought to share with community. If Akon is putting $6 billion in building the city itself then it could be grand success for his Altcoin which is to be named as Akoin cryptocurrency. The concept is that in this so called Akon City you will use Akoin currency and nothing else. If this happens then the market capitalisation could go crazy about this. I hope it won’t cross the bitcoin prices in first place and make bitcoin as #2, lolz. What they will have in Akon city ? Akon City’s phase 1 is expected to complete by end of 2023, and will see the construction of roads, a Hamptons Hospital campus, a Hamptons Mall, residences, hotels, a police station, a school, a waste facility and a solar power plant. When the stuff is happening ? Akon City phase 2 will run from 2024 to 2029 and will end with a complete cryptocurrency city running exclusively on akoin cryptocurrency. Good to see Akon is doing miracles in this. Read the article here: Akon $6 billion city
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I think that is not the case in my country, and what you talking must be about country where money is more important than lives. That’s really sad one. Here in my country, the old patients are treated with at most care and prioritised. The economy is not disturbed with what age group is on death bed but it is all about nations good will to keep their economic stream keep running. The industries, small to big scale businesses all are running here with full fledge now. We seem to coming on normalised track once again.
Our oldies are still working if they have strong will power. ;-)
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price action indicates their continued use more as a means of investment than as a means of exchange or trade in value." From this report, it seems that classic investors are increasingly falling in love with bitcoin. What do you think about that? This is enough and crucial for bitcoin community. Bitcoin as we know today is state of the art vision from Satoshi Sir which made its way through lots of huddles. I hope everybody remembers how different country panelist came together back in few years to get down bitcoin and blockchain as whole to avoid insecurities of the traditional banking system. There were many countries later saw the real potential for use of BTC, Mining, & Cold storage could benefit and implemented it as true asset in their market. I still think that BTC has long way to go since number of investors right now are not that much as compared to the population (literate) today we have. So there is still scope for it grow bigger than this.
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