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Showing 20 of 180 results by Nora Olin
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Board Economics
Re: China's strategy on the Ukraine invasion war
by
Nora Olin
on 07/03/2022, 06:03:04 UTC
Regarding events in Russia and Ukraine, it is no different from China and Taiwan. During the war between Russia and Ukraine, many major powers chose to sanction Russia. China remains neutral and chooses to continue trade with Russia, but wants the war to end as soon as possible. NATO doesn't really help Ukraine much.
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Board Bitcoin Discussion
Re: Is now a good time to be investing in Bitcoin?
by
Nora Olin
on 05/03/2022, 08:06:48 UTC
The entire crypto market is not only Europeanized in terms of capital, but also in terms of ideology. The current situation is completely changing with the war and the situation of various major powers. If it falls below 4w, many people must cherish this good. Timing, I believe that the future of Bitcoin is eternal if there is a btc consensus, otherwise it will eventually return to zero.
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Board Economics
Re: What if Russia economy grows higher after the war
by
Nora Olin
on 04/03/2022, 06:08:19 UTC
The economy should not grow rapidly. NATO EU countries have sanctioned Russia's import and export trade, and many Russian brand companies in other countries have been frozen and restricted. Russia's economy has been extremely poor and has been severely hit.
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Board Bitcoin Discussion
Re: Bull guy or bear
by
Nora Olin
on 17/12/2021, 06:24:38 UTC
Quote from: Voxo2222 on December 16, 2021, 11:05:59 PM
You more bullish ?
Or bearish ?
Like u more long or short ?
What u choose ? More bear or bull ?
I am more optimistic about Bitcoin. Although Bitcoin has been falling every week recently, Bitcoin always brings good surprises. If you want to enter the market but don't want to take too much risk, you can choose Bitcoin. For me, there is nothing wrong.
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Board Bitcoin Discussion
Re: Does Bitcoin have any real value?
by
Nora Olin
on 15/12/2021, 06:12:12 UTC
Quote from: numberslacey on October 01, 2021, 01:06:23 PM
Bitcoin is not backed by any physical asset like Gold nor by any fiat currency. It makes me wonder if I should invest/trade in Bitcoin or not?
Bitcoin was not favored from the beginning, but is now regarded as legal tender by some countries. The price of Bitcoin is getting higher and higher, step by step to the world. If you want to invest, now is a good opportunity, you must understand the market and stick to it.
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Board Bitcoin Discussion
Re: NO..India is NOT Banning Bitcoin
by
Nora Olin
on 13/12/2021, 06:14:09 UTC
Quote from: titular on November 24, 2021, 08:24:56 PM
The FUD continues.

India is not banning bitcoin as an asset class as many have eluded to. Many news outlets find that this angle is far better for attracting clicks.

India is looking to ban bitcoin as a method of payment. Meaning they are just trying to protect the interests of their future CBDC. People in India will NOT be banned from buying or selling bitcoin. The government has NO interest in banning bitcoin as an asset.

Source: https://blockworks.co/india-crypto-ban-about-payments-not-the-asset-class/


Once this kind of prohibition problem occurs, it is because it affects their own interests. Just like China's severe crackdown on virtual currencies, the reason is because China has its own currency and does not want its own citizens to buy and sell virtual currencies.
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Board Bitcoin Discussion
Re: Does Bitcoin have any real value?
by
Nora Olin
on 11/12/2021, 06:27:45 UTC
Quote from: jackg on October 01, 2021, 02:27:22 PM
Quote from: lumierre on October 01, 2021, 02:18:59 PM
First of all, I want to ask you if Gold is backed by anything, or why do many people think that it is one of the best investment?
Most people say gold has historic significance to it, it's also used in industry quite a bit and is used a jewellry as well as other stuff.

The main thing increasing the price of gold is the miners profiting off it though by producing a scarcity, most industries can use platiumum better than gold too so there's less of a reason for its uses.


On the what is bitcoin backed by, what is currency backed by? There has been a lot of studies on the economy and many have found that the largest investments are in derivative assets (often people buying portions of assets or buying assets against other people selling them - while neither hold the asset - which does seem quite odd).

I've generally considered an investment in Bitcoin to be an investment in its: name, developer community and infrastructure at least.
Bitcoin is virtual, not as visible and tangible as gold, and gold has a long history and has many uses, but it is also limited, because it is more valuable because of its scarcity. But when investing in something, you should first understand and study it yourself.
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Topic
Board Economics
Re: Do you think financial stability is mandatory to be a gainer in Bitcoin invest?
by
Nora Olin
on 28/08/2021, 08:46:45 UTC
If your wealth is unstable, you usually have to sell the coins when you encounter some problems, but you still have surplus money in your life, and you can invest in the Bitcoin network for a longer time without worrying about other real life. If the expenses in real life are difficult to meet, then the choice of investment will not invest too much money.
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Board Altcoin Discussion
Re: Not everyone can be lucky when it comes to shitcoins
by
Nora Olin
on 28/08/2021, 07:04:14 UTC
This is indeed the truth. This kind of experience is not often mentioned. No one can control and master the volatility of encryption. Indeed, many people have invested in junk coins and made considerable profits. This is very lucky, because there are also unlucky people. Part of the loss may occur, so knowledge and common sense are necessary when investing.
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Board Bitcoin Discussion
Re: What make people panic sell?
by
Nora Olin
on 28/08/2021, 03:41:37 UTC
The price fluctuation of the currency circle has a lot to do with some news about the market. Whether it is good or bad, it will arouse the emotions of investment enthusiasts, especially some unfavorable news, and some novices or inexperienced people are the easiest to choose to sell. This is a human instinct, panic because of falling prices. But we need to be patient if we want to make a profit.
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Board Bitcoin Discussion
Re: With all your assets, Investing in Bitcoin is really a madness or beneficial ?
by
Nora Olin
on 18/08/2021, 07:08:36 UTC
Although Bitcoin is skyrocketing, as a working class, I would rather miss it than take the risk. Regardless of the future trend of Bitcoin, if it is said that Bitcoin will appreciate a hundred times in the future. Can you guarantee that you can hold Bitcoin for a long time?Increase the investment principal by selling real estate. This is not a qualified investor and the investment must bear the loss. Investment is a long-term business. Because of these uncertainties, there are too many irrational behaviors in the investment market.
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Board Bitcoin Discussion
Re: What is Bit Civilization?
by
Nora Olin
on 17/08/2021, 08:34:23 UTC
The term Bitcoin civilization is indeed very novel. In the course of history, people have been innovating step by step and moving towards new stages. Bitcoin civilization is based on Bitcoin. There is no doubt that Bitcoin is an invention and a civilization. Perhaps this is precisely the creation of a free civilization. If the Internet era has improved human communication efficiency and social productivity, then the new civilization drawn by Bitcoin will regain a free world with technology and new rules.
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Board Bitcoin Discussion
Re: Does the epidemic have a big impact on Bitcoin?
by
Nora Olin
on 12/08/2021, 09:56:52 UTC
Affected by the epidemic, contact between people has decreased, and the frequency of using cash has also decreased. This makes institutions and individuals more inclined to use digital currency instead of direct contact with transactions. Digital currencies will use this as an opportunity to increase the sentiment driven by the epidemic, which will cause the price of Bitcoin to rise.
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Board Bitcoin Discussion
Re: Why crypto (bitcoin) is better than traditional money?
by
Nora Olin
on 11/08/2021, 06:16:17 UTC
The inflation of the financial crisis was largely caused by excessive currency issuance. Bitcoin stays away from inflation. When a new currency is issued in any currency, it has already determined how much to issue. Just like Bitcoin, only 21 million Bitcoins can be mined, but no one can increase its number.
When traditional currencies are transferred between the two countries, there are many obstacles and restrictions that make the user experience very poor. Cryptocurrency allows users in different parts of the world to have fast and efficient transfers.
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Board Bitcoin Discussion
Re: About the popularity of Bitcoin
by
Nora Olin
on 11/08/2021, 03:45:28 UTC
If you are blind, do you want someone to set up your private key for you? Do you need to find someone to pay for you? If no one in life can be trusted and you have a lot of encrypted assets in your hands, then this will become a burden in life.
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Board Bitcoin Discussion
Re: Satoshi Nakamoto should have created Litecoin with the Bitcoin name
by
Nora Olin
on 11/08/2021, 01:39:46 UTC
Bitcoin and Litecoin are essentially virtual digital currencies, but the creation of Litecoin is an improvement on Bitcoin. It is significantly different from Bitcoin. The Litecoin network produces blocks faster than Bitcoin and can provide faster Transaction speed. The amount of currency issued by Litecoin is more than four times that of Bitcoin.
However, the price and transaction volume of Bitcoin is much greater than that of Litecoin. Litecoin is just a copy of Bitcoin. Bitcoin has a greater market value, a longer history, and a stronger consensus. No one would choose to abandon Bitcoin and choose Litecoin.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Nora Olin
on 10/08/2021, 07:23:01 UTC
I am not sure why the market is rising, but we investors are all optimistic about the future trend of prices. At the current price, many people think that this price is underestimated, so this price fluctuation may just be a callback to the true value of the cryptocurrency. Whatever the reason, this field is worth celebrating.
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Board Bitcoin Discussion
Re: What do you think is the relationship between Bitcoin and blockchain?
by
Nora Olin
on 10/08/2021, 03:44:03 UTC
The essence of blockchain is a decentralized distributed ledger database.
In essence, it should be said that there was Bitcoin first, and then blockchain. Bitcoin is a digital currency. The series of technologies involved in Bitcoin is called blockchain technology, and it is even the only blockchain application that has real influence.
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Board Bitcoin Discussion
Re: I rather stay hungry than sell my Bitcoin
by
Nora Olin
on 10/08/2021, 02:53:39 UTC
Everyone treats their own assets in different ways, but when I choose to invest, I will use my idle assets to invest, and every time I will choose some promising currencies or increase positions, I will leave myself a daily routine The cost of overhead. I think that the crypto market should not be taken as everything, you should have your own job instead of waiting for profit hungry.
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Topic
Board Economics
Re: If you can get paid through cryptocurrency, do you still choose fiat currency?
by
Nora Olin
on 09/08/2021, 07:27:22 UTC
With the acceptance of cryptocurrency by more and more people, most of us are accustomed to getting paid in fiat currency. This method has penetrated our ideas. If Bitcoin is now proposed to pay salaries, most people should have difficulty Accept it, because cryptocurrency is unstable. If it is used as a reward, it will definitely cause instability of our income. No one is willing to shrink their own interests.