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Showing 20 of 628 results by Semosuchi Tesongrato
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Topic
Board Altcoin Discussion
Re: Are airdrops safe?
by
Semosuchi Tesongrato
on 15/09/2019, 20:25:08 UTC
Well, I don't know if it's a good idea to circulate your documents on the deep web, you never know what you can get at.
And since the airdrops produce only a few tokens, I don't think it's worth it.
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Topic
Board Altcoin Discussion
Re: Bounties keeps getting worse
by
Semosuchi Tesongrato
on 15/09/2019, 20:22:04 UTC
In the crypto world the occasions can be good, but they last very little and you have to take them when they are there.
The bounty had a moment - two years ago - in which they earned very well. Then everything collapsed and now it's just a waste of time.
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Topic
Board Altcoin Discussion
Re: The cost of running a bounty?
by
Semosuchi Tesongrato
on 15/09/2019, 19:36:38 UTC
Since you are paid in coins that do not yet exist, it does not seem to me that there is any cost.
It is a bet on the fact that what you receive.
My altcoins have disappeared, including scams and loss of value.
But in the meantime I managed to convert some into fiat, so I can't complain.
Post
Topic
Board Economics
Re: Paper Money - The Greatest Scam
by
Semosuchi Tesongrato
on 15/09/2019, 19:33:46 UTC
The whole economy is a "scam" and is destined to die.
Moreover, this also applies to any other human activity.
Things are born, grow, die. We too.
The important thing is to know how to take advantage when it's time.
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Topic
Board Economics
Re: Trade war Influences on cryptocurrency
by
Semosuchi Tesongrato
on 15/09/2019, 19:30:32 UTC
Honestly, the volume of trade in the crypto world is so low and niched that I don't think it has any tangency with the "real" economy and its "wars".
Bitcoin leaps depend much more on whale speculation.
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Topic
Board Economics
Re: How to manage the risk in investing cryptocurrency?
by
Semosuchi Tesongrato
on 15/09/2019, 19:26:18 UTC
After all my altcoins have reached virtually zero, I have very few tips to give Sad
The point is that the main feature of the crypto world is instability and insecurity, which is precisely what it produces - if we are good and lucky - big gains.
If you don't like it, invest in mutual funds
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Topic
Board Economics
Re: The New World Order with Crypto and Blockchain Technology
by
Semosuchi Tesongrato
on 15/09/2019, 19:22:06 UTC
If we start talking about conspiracies, we don't know where we can go. It is clear that in the globalized world everything will be different. A period of great conflicts awaits us, which will lead to the construction of this famous new world order.
What will happen then, nobody knows.

Edit: please note that this is my post Nr. 666 Smiley

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Topic
Board Economics
Re: Will Blockchain trigger a massive boost in our economy?
by
Semosuchi Tesongrato
on 15/09/2019, 19:04:22 UTC
The blockchain will surely revolutionize our way of life, not necessarily for the better.
No one has yet figured out exactly what the possible applications will be, and we often forget that using the blockchain in crypts is only one of the possible applications. We'll see.
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Topic
Board Economics
Re: Can Libra Disrupt The Financial/Economic System?
by
Semosuchi Tesongrato
on 15/09/2019, 19:02:40 UTC
A currency managed by Facebook is obviously centralized and under total control of the system.
That is, just a click to take away all your belongings and keep you from acting.
Exactly the opposite of the spirit of Bitcoin.
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Topic
Board Economics
Re: Financial Crisis Will Come
by
Semosuchi Tesongrato
on 15/09/2019, 19:00:50 UTC
"Crises" are intrinsic to the capitalist system, because it is clear that no system can grow indefinitely. So, periodically, the system resets itself.
The important thing is to understand that if you know how to manage things you can earn more in times of crisis than in normal times.
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Topic
Board Economics
Re: China launching its own crypto currency ?
by
Semosuchi Tesongrato
on 15/09/2019, 18:58:35 UTC
I do not know if it is one of the many fake news that circulates, however it is clear that a currency managed by China can only be totally centralized. So it will be a very trivial electronic money but certainly not a crypto
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Topic
Board Economics
Re: Money Is Political, Not Technical
by
Semosuchi Tesongrato
on 08/09/2019, 23:49:28 UTC
That money is a political and not a technical problem is a truism.
It would be rather worth trying to understand how these political decisions can be foreseen and directed to our advantage, otherwise the discussion is the usual complaint about the corruption and incompetence of the rulers.
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Topic
Board Economics
Re: Differences between an investor and common man!
by
Semosuchi Tesongrato
on 08/09/2019, 23:45:11 UTC
I see no difference, the investor is simply a gambler who knows he is, while the common man is convinced that he has certainty and does not realize that all life is just a bet with different degrees of probability.
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Topic
Board Economics
Re: The future of the market
by
Semosuchi Tesongrato
on 08/09/2019, 23:42:31 UTC
Everyone would like to have some certainty about the future of the market. It is true that no one is understanding anything about it, and all predictions are regularly denied by the mysterious moves of whales. If we want to make money, better make some friends among the big fish ....
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Topic
Board Economics
Re: Your Source of Investment Money?
by
Semosuchi Tesongrato
on 08/09/2019, 23:11:54 UTC
I have only reinvested the gain of the bouties, so - when the altcoins collapsed - I didn't have the impression of having lost money, because I practically never had them. But of course it was unpleasant ... Sad
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Topic
Board Economics
Re: FED Chairmain compares Bitcoin to Gold
by
Semosuchi Tesongrato
on 08/09/2019, 23:06:45 UTC
Well, bitcoin - as long as it remains online - is no different from video game points, so it doesn't make sense for it to be taxed. It will be if and when it is converted into fiat money, and indeed the rulers are studying the system to succeed.
But for the moment, with a little care, you can still rest easy and the FED can co to hell...
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Topic
Board Economics
Re: Crypto Scams are a global issue
by
Semosuchi Tesongrato
on 08/09/2019, 23:01:53 UTC
Scams have been a problem since the world existed, certainly not born with the crypto. There is always someone who tries to get an unfair advantage by deceiving the good faith of honest people. However it is quite easy to defend oneself, very often those who let themselves be scammed deserved it.
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Topic
Board Economics
Re: How would loans work in a Bitcoin economy
by
Semosuchi Tesongrato
on 08/09/2019, 22:58:53 UTC
Certainly the loan market will pose several new problems, above all with regards to the guarantees, the competences and the reimbursement systems. But in the end it's always about money, and it won't take long to find a practical solution to the new problems.
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Topic
Board Economics
Re: Is KYC benefit to crypto people or not
by
Semosuchi Tesongrato
on 08/09/2019, 22:56:23 UTC
I don't know if these control systems really help protect honest traders. It seems to me that not only are they useless, but they expose them to the theft of data and documents by the bad guys, while the scammers quietly continue to make their own comfort.
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Topic
Board Economics
Re: Crypto replacing fiat?
by
Semosuchi Tesongrato
on 08/09/2019, 22:47:28 UTC
This thread has been dragging on for more than a year, and it does not seem to me that there is an improvement in the situation, as far as the public's knowledge of the crypto world is concerned.
Until there is a more stable change, and above all the use procedures will not be simplified, bitcoin will not be able to replace anything.