|
I hope this kind of events will also happen in other countries whether it is small or big countries. Having an ATM especially when it is bitcoin or other cryptocurrency simply means that their country is really into cryptocurrency because they approved this kind of transactiion. If most of the countries will do the same in putting bitcoin ATM then it will help the people to get a chance to invest and make some money through bitcoin.
|
|
|
|
I'd agree that some increase of monetary supply is required to match growing economy, but Bitcoin is so small when compared to fiat, and until it will start representing a big amount of consumer transactions, there's no point in talking about deflationary spirals. Perhaps Bitcoin will never be big enough to cause any significant effects on economy with its fixed supply, and that's fine, I'm happy that we have global alternative to fiat even if it's rarely used.
The fixed supply is not a problem in terms of being a currency because bitcoin can be used even at a few decimal form so there is no need for us to get an unlimited supply. The only problem why bitcoin is not that good just like the traditional currency is because of the stability that the bitcoin lacks where in, the people do not preferred a volatile currency because they might lose some of the value of their money when the price fluctuates. |
|
|
|
Many country still not have regulation for bitcoin, just few country in Asia, Europe and America have allow and have regulation about bitcoin, in Brazil look have good regulation for bitcoin and in Asian country on Philippines have allowed for using bitcoin as digital payment transaction, what your country have allowed bitcoin or not?
It's interesting to know that there are already multiple number of countries that welcome to this kind of technology, this new idea and ingenuity, however some still restricted its functionalities. In Swiss Cantons of Zug, cryptocurrencies are accepted as a mode of payment even by government agencies. The Isle of Man and Mexico also authorize the use of cryptocurrencies along with their national currency. Crypto keeps on growing and progressing, it massive adoption across the world can possibly happen eventually. If the big countries will adapt bitcoin and other cryptocurrencies then it will help to influence the smaller countries to do the same thing as well. Regulating cryptocurrency is one of the key for the people to trust the system of blockchain because they know that they are being protected by the government. So I think that the adaption of cryptocurrency will happen if there will be adaption and regulation from the big countries such as America, Russia and China. |
|
|
|
I think people are now slowly becoming more optimistic, they wanted also to make a hustle free transaction of payment so some people today really become more interested on crypto curency so i think telling or sharing crypto information is not that hard to do this time, because crypto is now slowly becoming a part of our human life.
This optimism can very quickly take the opposite side and turn into pessimism at the moment when the price falls. People tend to love stability, which Bitcoin cannot give yet, which means people will be afraid of such fluctuations. I think this is the main problem standing in the way of mass adaptation of bitcoin as a means of payment. Stability will never happen in bitcoin because cryptocurrency are decentralized and there is no regulation for them so they can move freely and the exchanges are open 24/7 so there is no possible way for the price of bitcoin to just stabilize at some point. Bitcoin is volatile as it used to be and people should embrace and get used to it and they should still use bitcoin as a currency. |
|
|
|
And crime rate will increase without tax . The tax is needed by the government not only for insfrastructure , but mostly to help people who cant afford to pay for health services ,piece tax use for as payment for soldier and police . Education for public teacher government will also pay for thier salary.
I don't think the crime rate will be increasing, the chaos might be. People would be really happen without tax, don't you think? But without tax, then it is a dead country since they said that Tax is the blood of the country, without it, the country will die. A lot of companies will be earning a lot of money especially companies managing, for example, tobacco and alcohol drinks. Tax is very essential and it is the reason why a country is running and progressing. It is impossible for a country to survive long term without a tax collection because they will not be able to continue their activities since they can't handle the expenses. On the other hand, people might just throw the government away since the government doesn't have any power over the people because they got no money. |
|
|
|
|
If you want a stable asset, I would suggest buying real estate. Real estate is one of the most stable type of asset since the properties can really hold their value and if you bought properties at a really good price and place then you can easily double your investment in a few years which is great for a stable asset. It might be risky for other people but if you know what are the do's and don'ts then you can easily build an empire with real estate.
|
|
|
|
|
IEO is better than ICO. IEO is already in the exchange so there is no need to worry about buying and selling the coin after the sale. ICOs can be really annoying since they need a lot of time before they can set all up since they need to apply to exchanges for listing and it will take at least a few weeks before they get listed while IEO are straight up in the exchange and the only thing that you need to worry about is what price will you sell.
|
|
|
|
I have not been really into investing though I have some stocks with a premiere banking firm here in my country, which i just left in my broker's site idle for some years now. What made me excited into investing is cryptocurrency but unfortunately it was not bitcoin but a scamming project called TheBillionCoin which by name itself really sounded so dubious. Okay, I was still innocent and naive at the time. Soon, I meet bitcoin and it was not yet that pricey at the time but because I was not convinced that it can go sky-high I just bought some.
The main source of the money I invested with bitcoin comes from doing online job with a platform where we are allowed to post in many forums in exchange for some points and the those points can be converted to real money anytime.
What are the sources of the money you invested with bitcoin or cryptocurrency? Anybody here used credit cards?
I've heard that TheBillionCoin long ago because my friend is doing trade with that coin and I've heard from him that he stop using it, now I know the reason behind it. In my case, the money invested from bitcoin came from ICOs, I participated in a lot of bounty campaigns before and it was really profitable way back 2017. Basically I've never deposited money to buy bitcoin all of this is came from this forum that is why I'm for having part of this community. Wow that is a good story to read! Making money without depositing your money is one of the best thing to experience because there is no risk for yourself and you are receiving rewards from bounty campaigns that served as a cryptocurrency capital for investing in ICOs. I hope that you will not lose all of your cryptocurrency and investments so you can continue to thrive. |
|
|
|
Be rich with cryptocurrency is easy but you have money first, without have money how come to start investing or trading. We need money become smart working without hard working every day in real or offline job, by investing money in bitcoin we can earn much profit while we sleep and open our eyes looks bitcoin up and count how much profit we get.
A true entrepreneur spirit can make money without having a capital or money in his hand. For sure you are aware of the internet since you are using it and if you don't know, you can do a lot of work here in the internet without putting up a capital and still earn a good amount of money. If you will do that then you will earn a good amount of money that you can use to make investments that will give you a good cash flow, passively. |
|
|
|
|
If all of the countries converted into the world of cryptocurrency then our world will be decentralized and the government will not have any of its power like before. Cryptocurrency are so powerful and that power will be given to the people and the decision making will be based on majority so it is a fair system since people will decide on what is going to happen because of decentralization.
|
|
|
|
Transactions can be seen, decentral where there is no centralized authority, freedom of transactions without the presence of a third party, that is how the concept of cryptocurrency. In terms of the benefits provided to users it's very good, but if this is adopted by the government and becomes a crypto bank, I'm sure some of these benefits will be regulated.
Regulation is very important for a progressing world. We need to have some rules and limitations for every important aspect and sector of our community. If there will be no regulation, then the chaos will be in our world in no time. Cryptobanks are possible but it is not that ideal since we don't really need a bank for our cryptocurrencies since there is already a lot of alternative just like hardware wallet. |
|
|
|
Good investor can get much profit, without earn money with bitcoin investment you are not good an investor, but become how to be good investor is not easy, you have learn first before which altcoin do you want to buy, you have know is good altcoin for buying right now or not and you have can control or manage your profit with your investment.
I don't know what are you trying to point out, if it is about earning money with bitcoin investment or making profit with altcoins. Nevertheless, being a good investor doesn't need to just make profit with cryptocurrency because a good investor can identify different opportunities in different fields because of his knowledge in investing and also the self discipline that he has as an investor. |
|
|
|
Of course, raising funds in IEO mode reduces the risk for investors, but it does not guarantee that these projects will also not be fraudulent or will not be successful in the future and will leave the market. This is still the same ICO project, only fundraising is carried out through the exchange and it does its verification of the project's prospects. The reliability of the IEO project increases if the exchange is well-known and with a large trading volume. Many teams conduct an ICO first, and then fundraising continues in the form of IEO. However, both of these forms will not be completely successful if the bear market continues for altcoins.
Even there is a bear market, the projects whether it is ICO or IEO can still push through and become successful if their project is really good and useful. Some of the IEOs and ICOs turned out to be a scam because the team didn't do their work anymore to make a progress and they just abandon the project like nothing happen. It is important for an investor to look for projects that has a very productive team and really dedicated to their project to make sure that his investments will not go to zero. |
|
|
|
You can't judge projects by how they look,what matters is what they are here to fix in crypto space,i introduced a good privacy altcoin to my friends weeks ago and they neglect it because of its look,the name of the project is sero  How can someone judge a project because of its white&black inky look?the fact is sero is just more than its logo looks and its already trading at a very good price 0.33$ i think,while its ICO price was 0.01cent.  My advice to people like my friends is to always put aside how a project looks,either scam looking or not please take your time to investigate before you decide if its good or not.Some projects are more than how they look,remember that not all shinny things are good either,learn to do research on projects not how they look. They must be inexperience as they were able to judge the project without reading the whitepaper and checking the team behind the project. But it's hard also to tell someone that invest to it or support it because this is a good project because we don't have the control on what will happen to the project. Only the team behind it has the control on what they are going to do with the project either continue it's development after successfully raising funds or exit the project and run away the funds. There are many cases like these so it's hard to recommend right now on what project to support or invest. No one can tell on how the project will do until it proves itself. Most of the project that become successful nowadays are those project that no one expected to become successful. Its easy to judge a project because of its name and if it is not so popular, but once it become successful, many investors will come and will support it. That is the reason why we should keep in touch with the team of the developers of a certain project. If we have contact or way of communication to other people in the team then it will be easy for us to evaluate if the project will become successful someday. We should always get updated to monitor the possible outcome because it is the root for all of the movement of the price. If the team is doing good then the project will become successful and the price of their token will skyrocket. |
|
|
|
|
The type of investing always depend on your goals. What are your goals? When do you want to reach those goals? In one year, three years, five years or more? If your goals are ranging with a timeline of one year to three years then it is best for you to go for short term investing and you should invest into something that are liquid enough to get your money fast when you want it. Long term investing are good if you are planning on getting some big purchases just like house and retirement.
|
|
|
|
|
Blockchain should not replace the banks. They should get implemented in the banks so the banks and financial institutions will get better. We should not think about replacing the old systems that we have and we should improve them instead so they can get close to the modern technology like the blockchain technology. When the blockchain is implemented to the banks, it will provide smoother and more secured system that the consumers will surely love.
|
|
|
|
When someone want to be rich they can't make it possible by working 10 to 5 everyday,so what are the things we have to do to make ourselves rich at the right age.
We need to have more income sources like four or five different fields to ensure our constant earnings even if one or two things get us into losses temporarily.Make your investment as early as you can then only you can start making money and remember to save it.
On the contrary, it is very much possible to become rich by working 10 to 5 if you plan it right! Having extra income source is definitely a cherry on the top of the cake. But when someone says, we can't become rich by working from 10 to 5, I only see a pessimistic person crying foul over his own fate! In the project management field, we often make a statement - "Plan your work, work your plan and your plan will work". This statement is more true than you can possibly even think! A perfect and realistic plan always works! Yes, there will always be hiccups but the end goal will always be met if we stays on track! Start investing at early age is one of the key to become rich at right age! It is very much achievable from a 10 to 5 job! This is true. You can't just be rich and not work unless you want to rely on trust funds from your parents. If you want to be your own success, then you'll definitely have to work, and a 9-5 job is a great way to grow and learn. I'd personally never know the things i know today without ever working a real job. It gives you much experience and allows you to connect to more people too. It is a good strategy to get a 9-5 job first so you can save money and you should have a strong self-discipline to be successful. If you already have savings in your bank account then you can just explore and invest some of your money in education or getting knowledge about your passion and if you pursue that passion then you can turn that passion into business for sure. |
|
|
|
|
This is the reason why I don't fully trust the banks even outside from the India. Even though there is a lot of people that keep on saying that the banks are safer than other type of storing our money, I don't follow their advice because I know that there is a possibility for them to just completely shutdown and that is the reason why I only put at least 3-6 months total of my monthly expenses in the bank and the rest of my money are invested in assets that are liquid enough to preserve my wealth.
|
|
|
|
Buy big altcoin only its one way how less your lost and have big chance to get much profit, with always buy new altcoin you have brave to sell when price in on the top without holding for long time and keep it long, you can invest on ICO or IEO time but always check when listing for selling at the first time.
I just have to say that this advice of yours is somewhat confusing and misleading. Buying big or huge altcoins does not guaranty that there will be profit in it. Even investing in ICO or IEO does not assure huge profit especially now they are many scams projects in the market. That is true that buying altcoins cannot guarantee that you will make a lot of profit because you don't have enough basis for buying those altcoins. If you want to get an edge in buying altcoins so you can have a better chance of making a profit at the end of the day then you should conduct a research first to see if the altcoins or investing in an ICO/IEO is worthy enough for your money. |
|
|
|
Maybe my opinion is a little bit far from actual content of this topic but it has a lot of common with it.
People with a lot of money and serious businesses which includes gas, fuel and etc ruin global economy too.
For example let's take Tesla, he invented so amazing things, he was able to send electricity wirelessly, yeah, without cables which would give us zero electricity lost but still we use cables for it. Why? Because some people make money from it.
We still use petrol because it's a huge business.
Why don't they work on better meds and it's antidotes?Because pharma is a huge business again. We haven't seen any great development in it after 90's. They don't want to fully cure people, they want to treat people for a while to receive a lot of money from them.
Still there are so many things...
They already have the cure for most of the dangerous illness that we have in this world but they are hiding it to the public because they know that it is not the best idea to keep the money keep coming in. We all have the things that we need but the powerful people are keeping it complicated so the ordinary people will keep on giving them the money so the powerful people can get richer. |
|
|
|
|
Show Posts
