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1541  Economy / Economics / Re: world war 3 is coming ...do to coronavirus / economy ... on: July 08, 2020, 11:27:44 AM
The Third World War is already underway, just different from what we would expect and believe. This time no physical troops are sent across borders but it is fought mainly in cyberspace. Every day the states attack each other, which most of us just don't realize. To a certain extent, the economic and currency (manipulation) war, which has intensified since the financial crisis of 2008, is also part and a chapter of it.

But if you think about the situation of every people when this World War III happened, all of us will die and humanity will become eliminated.
For me, I think that they will not allow that to happen, you're just to paranoid to think of such a thing like that. Every countries are busy handling this Covid-19 pandemic, and most of us are having a hard time to recover from economic crisis.

It depends on the leader of the country if he is wise enough to handle this pandemic.
They have different strategies, priorities, and approach towards this virus but I hope that all of us can surpass this kind of trials.
1542  Economy / Economics / Re: Rising tensions and effect on global trade on: July 08, 2020, 10:52:31 AM
So I guess these things happening between China and India is real, it's not about the problem that they are fronting, it's about India telling China that they can fight them.

They are both huge countries and have the largest population among other countries, so maybe their conflict can cause a huge impact globally.

Especially that China is very rich when it comes to its economy and in terms of war, China is much more powerful compared to India. But India is not that easy to compete with in terms of the trade.

Hoping that conflicts should not be the priority of this countries during this pandemic because this tensions between them will make its citizen struggle more. They should focus on enhancing their economy so that it will not affect the global trade but help their authorities to handle this much effectively.

1543  Economy / Economics / Re: Is global adoption of Bitcoin possible post-Covid? on: July 07, 2020, 12:51:38 PM
This pandemic has opened many eyes to the emergence of blockchain. The query for Bitcoin and other alternative coins have skyrocketed during this period and that is indication that people are looking towards alternative. Blockchain is here for the change that is most deserved.

I hope so, but there are still a lot of countries who are not joining in the use of cryptocurrency in their economy.

We can't please everyone to use bitcoin that easy because it is a process that we need to do in order to persuade them and make them become interested in the advantages of using bitcoin. VOLATILITY is a nature of bitcoin and we have nothing to do about it but we can manipulate our assets properly to lessen our mistakes.

Once we already achieve this global adoption of bitcoin in the near future, hopefully, the altcoin also have an opportunity to become recognized globally as an alternative source of profit.
1544  Economy / Services / Re: [OPEN] blender.io Signature Campaign | Sr./Hero&Legendary Members | on: July 07, 2020, 06:34:50 AM
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1545  Economy / Economics / Re: Can we rely on Bitcoin and cryptocurrency? on: July 06, 2020, 08:53:51 AM
No, you cannot rely on bitcoin to meet the requirements of daily life. The fate of the cryptocurrency up to now is not widely known to most governments. But if you have additional money that you can invest in cryptocurrency, perhaps in the future, There will be an agreement between governments to adopt the cryptocurrency as a means of payment.

Besides being a volatile asset, you don't need to convert it especially if it is not that necessary. Governments are still not that knowledgeable about the benefits of bitcoin in the economy, maybe because we lack of support and promotion in many platforms that we use in our daily lives.

Once we achieved the mass adoption of bitcoin and cryptocurrency, probably we will let the government allow the use of these coins in most of the countries around the world.

But as of now, people are still not that into the use of digital currency even if the pandemic increases the risk of transmitting the virus due to fiat money.
1546  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Creator Dead on Covid-19? on: July 06, 2020, 08:17:57 AM
How can we say that he died because of covid19? We dont even know who really is satoshi and what is his/her status right know.

Maybe the OP, is wondering of the things that is unimaginable. We don't have any proof about Satoshi Nakamoto's identity if he truly exists, he just only left us with a cryptocurrency that will lasts forever.

What if Satoshi is a group of people? Do you think all of them will get this Covid-19 and died altogether? Wtf, that's really less likely to happen.

You should've just focus on manipulating your own asset rather than wondering the status of Satoshi Nakamoto right now. Even if he died, I don't think that it will really affect the price of bitcoin because now that we don't know him, the price of bitcoin is moving due to other factors. Maybe, his death will make us sad and honor him/them, but bitcoin will not be affected by that.
1547  Economy / Economics / Re: Saving economy at the cost of what? on: July 05, 2020, 03:43:31 PM
The government is doing everything to balance the situation, they can’t just stopped working and let the virus killed the economy. I know there are so many irregularities but I believe every government is doing their best, its hard to run a country where people have no coordination at all. They’ll save many as much as they can, and I sure the economy must continue to work so they can still face many challenges in the future.

Here in our country, the government is not that responsible and we already have a huge debt in a lot of organization even in the World Bank. They do not allocate the proper budget and most of our government officials are corrupt and they only think of their own wealth. They are not thinking of the community's situation on how they deal with this pandemic.

It is given that the economy of a country will surely go down due to the damages brought by this pandemic to the small and large businesses. Hoping that government will be responsible on helping most of the families who are struggling in this pandemic. Also, i'm hoping that they make a proper plan about the opening of businesses for them to pay taxes.
1548  Bitcoin / Bitcoin Discussion / Re: Bitcoin soon will become a boring investment? on: July 05, 2020, 02:42:08 PM
But how???

Boring investment?

I never see this bitcoin as a boring investment because from the very start, I trust this cryptocurrency with all my assets and money. I still found it very interesting when its volatility strike and the price of bitcoin goes upward. Bitcoin for a long-term investment is effective and necessary for all of us because bitcoin's price is not that constant. You just need to wait for the right time to buy and sell in order to earn profit, and that's never a boring activity for me.
1549  Economy / Services / Re: [OPEN] Kucoin Futures Signature Campaign | Full Member+ | Up to 0.005 BTC/week on: July 04, 2020, 03:42:18 PM
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hoping for a slot.
1550  Bitcoin / Bitcoin Discussion / Re: BITCOIN TRUST PROBLEMS: Bitcoin Investers will want to know about this risk... on: July 04, 2020, 08:26:42 AM
It is really hard to trust bitcoin due to its volatility and the factors that affect the economy, but some other die-hard believers of bitcoin are really courageous at risking money. I use bitcoin but I don't focus only on its potential because there are stable coins, altcoins that you can use to have another source of profit not only this popular bitcoin.

The profit in bitcoin is extremely high compared to other coins but don't waste the opportunity to hold other coins.

Trusting bitcoin 100% is really risky and can make you lose your money and waste your time while waiting for it to grow. So while you're waiting for that to happen invest some in other coins and try to trust the potential of altcoins. They are worth to try.
1551  Economy / Services / Re: [OPEN] CryptoLottoStore - Signature Campaign | Up to 0.0055 BTC/week on: July 04, 2020, 03:58:14 AM
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1552  Economy / Economics / Re: Possible solution for economic go-slow on: July 03, 2020, 01:18:47 PM
There are a lot of possible solutions for this economic crisis, but it is really hard to find which is more effective to do. Especially that cryptocurrency are very complex, the prices of different coins varies depending on the factors that contribute to the changes in its prices. Most of the governments are not that into the use of cryptocurrency in the economy, still there are a lot of country which are not that knowledgeable about cryptocurrency's effect in the economic recovery. Hopefully, government allows the use of cryptocurrency in many transactions because it is less hassle, and faster than other payment tools. Cryptocurrency is full of potential so maybe there's something more about its effect and influence in the economy and community.
1553  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin truly a safe-haven asset? on: July 03, 2020, 11:42:33 AM
It depends on how the bitcoin holder deals with the market. Bitcoin is really a safe-haven once you are good at manipulating it, once you are effective in making transactions whether to buy or sell, that will give you huge amount of profits. We have different attitude and strategies in holding our assets and it depends on the person if he is willing to invest in bitcoin.

Many of us are still not that good at holding btc and greed is still the number 1 problem. My friend is very afraid about investing in bitcoin but I told him to study about it and months later, he is so determined to have an investment. Bitcoin's price is not that good that time but still he risks his money for his future. So for me, bitcoin is worth it if you try to make it as your investment for your future errands.
1554  Economy / Economics / Re: Is the US economy suddenly recovering? on: July 02, 2020, 07:37:29 AM
We should not focus on the US economy only, we should think of other country if their economy is recovering.

Countries have different number of cases and probably it has also a different effect in the economy.

In Vietnam, they already recovered the last patient in their country and right now they are in a process of recovering.. They allowed the operation of small and large businesses with a new set of rules and regulations to prevent the risk of spreading the disease again. Hopefully, US should somehow recover from their economic crisis because they are a huge country that also have a huge number of Covid-19 cases.
1555  Other / Beginners & Help / Re: Bitcoin Fraud on: July 02, 2020, 05:53:02 AM
I am a victim of bitcoin fraud and would like to know where I should report it. I live in Canada.

If that's a person and you have their identity, you can report the case to authorities there. If the person is using an alias or fake picture, say goodbye to your money.

Scammers will never use their true identity once they are going to victimized someone, that's very risky for them. If that's the case, you will never retrieve your money ever again because it is hard for you to track them once you report it to the locality. Bitcoin fraud are really a common problem when you easily trust someone.

My friend is also a victim of these bitcoin frauds but he reported it immediately to the authority but they failed to catch those scammers, as the police said that they are using alias or fake identity. That was 2 years ago, and now he is more careful about his assets and he's not that pierced in manipulating his coins.
1556  Economy / Trading Discussion / Re: How to Overcome and Handle Your Mistakes in Trading? on: July 01, 2020, 06:47:07 PM
That's very easy, you need to be matured and learn how to accept losses so that it will not affect your emotion very much. If you know how to treat mistakes as a lesson then it will not become a big problem every time you perform a trade. In order to achieve success in trading, you should understand the reality that when there is a profit, there are risks that will approach you. Making portfolios will help you to monitor your mistakes and prevent that same mistakes in any transactions that you are planning to perform. As I'm still determined to learn more in trading, these mistakes are already not a big deal for me because i know how to deal with them right now.
1557  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you wish you could do the most with your Bitcoin? on: July 01, 2020, 05:40:27 PM
Buying property directly with it.

That's the biggest purchase most people will ever make and the idea of having to dick with exchanges and banks adds a whole lot of time and nerves. Perhaps it will be commonly accepted in a few years but right now most sellers will still think you're a mad assassin.

The same thing with me, if i will be given an opportunity to spend my bitcoin to essential things, i will choose real property and private property. Bitcoin can make you own anything once you have a huge profit from it.

In real property, it will make me more confident about the assets that I will make, especially the houses for my family. It is not that easy to buy a land property nowadays especially if you are willing to pay using bitcoin. The demand in land property is extremely high as some places are already like an urban area due to a lot of establishments and lot areas are decreasing.

I will also but private property using my bitcoin so that I can manage my business without paying other expenses like rents. Investing in private property is so worth it compared to those businesses that aren't owning their own land where they manage to start their business.
1558  Bitcoin / Bitcoin Discussion / Re: A lot of Americans still don't know what Bitcoin is on: June 30, 2020, 06:06:10 PM
Probably, their country does lack of promotion that's why they are ignorant about the existence of cryptocurrency, it is just easy as that. If the government promotes the use of cryptocurrency freely and inform the people how it works then Americans could achieve mass adoption in Bitcoin easily. I know that it is not that easy to do that, but it takes a lot of process before the people to understand how bitcoin works.

It should've all start with the government. Not only Americans or US citizens who are not that knowledgeable about bitcoin. In some other rural areas in every country, they are not the introduced in the use of digital currency due to the lack of knowledge about advancement of technology. Once the bitcoin achieve mass adoption, transactions will become faster and more secured, just like what the OP wants to be paid.
1559  Economy / Economics / Re: China economy and how they handle Covid-19. on: June 29, 2020, 01:14:18 PM
For me, maybe this effective handling of economy and Covid-19 is really an scapegoat for them so that this virus will not blamed to them. There are rumors about China denying the US accusations about the origin of Covid-19. Here is the link: https://www.bbc.com/news/world-asia-china-52790634, you can see here that they are strongly accusing US for saying false information about them.

Although US have a point that the virus really came from them. Their economy is not that affected which means that they are trying to say that this Corona virus came originally from US, because they are the one who are suffering the most economically and have the largest Covid-19 cases. Stock market of US is really in a downward movement due to their failure in handling this virus.

This is a good strategy for China, effective measures in controlling the virus and minimizing the risks of transmission, as well as the growth and stability in their economy.
1560  Bitcoin / Bitcoin Discussion / Re: How the wallet is hacked, what should I do? on: June 29, 2020, 12:36:33 PM
many beginners like them because of lack of reading, that's important education like this to a beginner so as not to get caught up in loss or theft.
the instructions above are also good and clear for beginners to apply to prevent such incidents. maybe my advice is just more to read and ask people who are more familiar with the new action.

If you are excited to have a transaction in bitcoin, then that's very dangerous for your account. Try to check and improve your security first before you engage in some bitcoin transactions or activities. Beginners are really the most prone in this kind of instances where their accounts are vulnerable to scams.

Mistakes about your wallet will really make you have a huge losses so be more careful in making passwords. Long passwords but easy to remember is enough for you to have a successful and more secured bitcoin wallet. Once you are comfortable with your wallet, and you are not that scared to get hacked or scammed, that will help you to become more confident in making bitcoin as your asset.
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