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Showing 14 of 14 results by Oatmeal
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Topic
Board Goods
Re: I want to buy iPhone 7 128Gb cheaper
by
Oatmeal
on 13/04/2017, 14:15:22 UTC
If you want to buy iPhone 7 in a cheaper price I suggest Lazada because it has some discounts, but if you want to be secured with it you can buy iphone 7 at some network companies.
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Topic
Board Bitcoin Discussion
Re: Why should people use Bitcoin?
by
Oatmeal
on 12/04/2017, 13:03:39 UTC
In my opinion bitcoin is a portal to the future, nowadays only some people know about bitcoin and how is it useful for society, advantages and disadvantages of bitcoin. I do believe that bitcoin should be used by a people it is because it is easier to use than banks, you don't need to sign for a ton of agreement papers, it helps in financial issues,  faster payment records, and you'll be more secure it is because you hold your own money. There are tons of advantage that bitcoin can give us.
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Topic
Board Economics
Re: Where did you first heard about Bitcoins?
by
Oatmeal
on 12/04/2017, 12:42:09 UTC
I heard bitcoin on some of my classmates, they old me their life story about financial debt and how bitcoin help them and their family to be debt-free. They even told me that their is a point where they can't handle it anymore but with bitcoin they earned money for about 90,000 pesos in just 6 months. Its amazing how bitcoin helped them not only in financial issues but it also help them to be business-minded and to understand the importance of a money and saving.
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Topic
Board Economics
Re: How to teach kids about Bitcoin?
by
Oatmeal
on 12/04/2017, 11:43:41 UTC
It's hard to teach kids something that they haven't done before like bitcoin, so the first thing to do is to teach children a little knowledge about economics, second is to teach them step by step about bitcoin, what bitcoin is and what are the advantages of it and thing to avoid, if they have questions answer it in a complete thought for them to understand it properly. The next thing you'll know children will become a pro after years.
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Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
Oatmeal
on 06/04/2017, 12:05:46 UTC
Yes, in some bank in countries like Canada banned bitcoin users to use their bank as a transaction of bitcoin. Some experts do believe that bitcoin is a threat to banks it is because people hold their own money and they are the security of it. As we can see bitcoin is a digital money that we can only see in our computer, we don't need specific things like we usually need in banks.
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Topic
Board Economics
Re: Difference of Trading and Investing?
by
Oatmeal
on 02/04/2017, 12:46:26 UTC
The difference of trading and investing, trading is when you have to exchange in economics example is you have to buy fish you have to trade money for you to buy fish. And investing can be stocks, bonds, mutual funds, interest-bearing accounts, land, derivatives, real estate, artwork, old comic books, jewelry -- anything an investor believes will produce income or become worth more.
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Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
Oatmeal
on 02/04/2017, 11:45:59 UTC
The difference of bitcoin and real money, physically bitcoin is virtual currency. It doesn’t exist in the kind of physical form that the currency & coin we’re used to exist in. Bitcoin is something that people likes because you hold it by yourself and have better security some people also says that for you to escape from the bank. And lastly bitcoin has no value, only exchange value.
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Topic
Board Bitcoin Discussion
Re: What do you like best about bitcoin?
by
Oatmeal
on 02/04/2017, 11:21:23 UTC
We all know that bitcoin is a digital money, the best thing about bitcoin is about it electronic payment system it is the first cryptocurrency and it is the largest of its kind in terms of total market value. It connects people around the world without any hustle. It gives you an idea of the future money we can have, and in personal life the best about bitcoin is they help people to earn money for themselves, and their family.
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Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
Oatmeal
on 01/04/2017, 14:17:58 UTC
Bitcoin will help you to earn money, it helped a lot of people to earn money by just using technology. In my opinion bitcoin cannot help you to be rich, but it can help you to earn more money than normal work. Bitcoin is not a stable career it is because you are depending on the time when bitcoin is on a low price for you to buy some and waiting for the time that bitcoin will increase its price. It would take time for you to earn and sell bitcoin which means also that it would take time for you to earn money.
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Topic
Board Economics
Re: How can we make more money?
by
Oatmeal
on 01/04/2017, 13:51:25 UTC
To make more money is not the simplest thing to do. In trading you have to considers these factors Always use trading plans, treat trading like a business and lastly use the advantages you have. In making your business bigger make sure you have a passion for it, be a smart producer and consumer, expect ups and downs, consider other peoples idea, and lastly never give up if you have a target just fight for it. And lastly how can you make money, if you want to make money you have to spend in order to have some, never rush yourself having a big amount of money, remember that patience in virtue. You can try some business that you want, join some people who's into business and surround yourself with people having motivation in having money, it would help you.
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Topic
Board Economics
Re: Tell me your predictions about Bitcoin
by
Oatmeal
on 01/04/2017, 13:39:29 UTC
Some of my predictions in Bitcoin is that people around the world will use it,  bitcoin will be like a fiat money where it is used for an everyday living. Next is that bitcoin will not be banned in some countries like Ecuador, Thailand and Vietnam and many more. Bitcoin is a digital money, if we are going to compare it in science is like a portal to the future. Next is that bitcoin will help a ton of people to escape from poverty, have a better security in their money and lastly is preventing fraud and illegal people. As what I've said a while ago it is a portal to the future money of this world.
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Topic
Board Economics
Re: Bitcoin can not replace fiat
by
Oatmeal
on 01/04/2017, 12:52:48 UTC
There are some possibilities that bitcoin can replace fiat, in some countries especially European countries do believe that in the near future bitcoin will be used by all people. In fact a place in Europe use bitcoin as the sign of exchange on some material things they buy such as in grocery stores, food and drinks in some bars. And there are some experts who believes that there is a big chance that bitcoin can replace fiat it is because bitcoin is flexible I mean by flexible is that it has more advantages that fiat money such as Privacy protection, free to transfer and hold and freedom to transact and many more.
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Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
Oatmeal
on 31/03/2017, 11:44:11 UTC
There are some who believed that it will be used in 2022, most of bitcoins users believes that idea, in fact they found the similarity of it when emails are still new. At late 1990's people used to laugh about what email can do they found it ridiculous and just a waste of time, but look at now people nowadays are all using emails as a sign of communication and transaction. Same as bitcoin if you ask a person what bitcoin is they have no idea and when you teach them they'll just say it is just a waste of time and say HA-HA. I believe that in that year people will use bitcoin it is because it is a digital money that connects people around the world without any hustle. And it has potential assets that paper money cannot do.
Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
Oatmeal
on 31/03/2017, 11:33:01 UTC
No, like in economics they were no stable price because Price stability implies avoiding both prolonged inflation and deflation. Inflation is a rise in the in the general price level of goods and services in an economy over a longer period of time resulting in a decline in the value of money and purchasing power. And it won't be as popular right now it is because you are just like selling at a same price and buying at the same price without any financial benefit or what we call profit.