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Showing 20 of 27 results by etnichalx837
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Topic
Board Bitcoin Discussion
Re: Will bitcoin in Southeast Asia be legal?
by
etnichalx837
on 17/08/2018, 02:17:09 UTC
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?
In the future bitcoin can be legalized in Southeast Asia, I'm sure of that. If it cannot be applied in all regions of the country, it can be applied in special zones such as tourist areas or special autonomy. Because refusing bitcoin means avoiding future money, in digital times all conventional things will be left behind. Likewise with financial transactions.
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Topic
Board Economics
Re: How will crypto go long term?
by
etnichalx837
on 16/08/2018, 15:12:50 UTC


Crypto is a new innovation that was developed along with internet discovery. This is clearly digital technology that can only be used as long as there is an internet network. You can imagine when everyone uses crypto currency, suddenly the internet is cut off due to disaster or sabotage? Of course everything related to crypto stops. Will life stop? No!. Therefore, crypto money is important, but not as important as fiat money. Long-term crypto money still exists, but only applies to certain groups, because modern society is most prepared to use it.
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Topic
Board Economics
Re: IS ADOPTION WHAT WE REALLY WANT?
by
etnichalx837
on 16/08/2018, 14:44:59 UTC
The governments of the world can pretty much do what they want. Nothing else we can do about it. All we can do is enjoy what we are having right now and hope for the best that bitcoin will help us reach our goals.
The government clearly can make regulations like anything and even adopting a digital financial system to be applied to their fiat currency is also not a problem, of course with changes adjusted to the conditions of each country. Because of the two financial systems that exist there must be weaknesses. . Because of that there are financial crimes everywhere, this proves that there is nothing absolute in the world. If there is good that can be adopted, why not?
Post
Topic
Board Economics
Re: Good business is a business that begins, not questioned continuously
by
etnichalx837
on 15/08/2018, 12:24:53 UTC
I think that good business is a business which serves/perfoms for the satisfaction of its consumers. But not every good business can be successful. And when your business fails never give up, because failing gives you a better experience, and leads you to being more successful.
Business sells satisfaction, be it quality, service, price, or after-sales satisfaction. That's the point. But that can all be done after the business runs. The main difficulty is getting started, because getting started is the first step. To reach the top ladder we have to start from the first ladder. To know the world of bitcoin, we must be part of the bitcoin trade. Without that, it's impossible. The problem of profit or loss is another story. Even failure makes us smarter.
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Topic
Board Economics
Re: Thailand: 20 Companies Have Applied for Crypto Exchange Licenses
by
etnichalx837
on 15/08/2018, 12:07:28 UTC
Just amazing for them, they are trying to put some crypto into business with legal approval of the government.. This issue might encourage some countries to open up more about crypto investing...
The Thai government is one step ahead of other Southeast Asian countries that still consider crypto money illegal. One of the considerations is because the tourism industry in Thailand is very advanced, so inevitably it has to adopt a digital financial system that has more and more users. The Thai government does not make it difficult for tourists who come there but want to pay using crypto money.
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Topic
Board Economics
Re: Tax on the crypto currency! What do you think?
by
etnichalx837
on 15/08/2018, 11:54:20 UTC
Tax is a legitimate source of government income if all of us have good income to pay taxes to government that is legitimate.

I agree with your opinion, that tax is a source of state income. Without taxes, the country will end. But tax on cryptocurrency? I don't think that is possible because cryptocurrency is a decentralized digital currency while the trading system is peer to peer. So it is difficult to monitor what crypto money is used for or where. How to anticipate it is not by imposing taxes on crypto, but the imposition of taxes on goods / services paid with crypto money.
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Topic
Board Economics
Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
by
etnichalx837
on 14/08/2018, 08:23:33 UTC
I prefer to increase the number of bitcoins in my wallet. Because on the growth of bitcoin it is possible to earn more quickly and more, since it has a great volatility.
I prefer to add my bitcoin in my wallet, but I don't trade because I prefer bitcoin for investment. Fiat money is very necessary as daily mobility because for small transactions it is not simple to use bitcoin. For the future, I prefer bitcoin because more and more are accepting bitcoin such as travel agents, hotels, airlines, etc.
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Topic
Board Economics
Re: Long-term or short-term, here are the results you need!
by
etnichalx837
on 14/08/2018, 08:01:35 UTC
So is this a real advantage if investing in the long term? many talk if long-term investments are very difficult because it requires patience to hold crypto assets. they choose to trade or invest in the short term.
For developed countries, the tendency is long-term investment, because their mindset and mentality are smarter and bolder. While developing countries the percentage is more short-term investment. Large investors play with full calculation, if you want big profits, you must wait longer, and even then if the price goes up, if the price drops, the losses are waiting.
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Topic
Board Economics
Re: Success of an investment may not be true to all?
by
etnichalx837
on 14/08/2018, 07:28:20 UTC
Yes, I believe that. because work can be the same, but one's fortune is different. All depends on our luck. but as human beings, we must keep working hard, if we want to succeed. must not surrender and surrender by circumstances.
Investment is something that is expected to provide the desired profit, but not all get the same results. An investor has earned millions of dollars, thousands of dollars, but on the otherside there are losses. This is reality, investment is not always sweet, sometimes it's bitter. Bitcoin as a digital currency is exactly the same as fiat money, to predict price movements need analysis, calculations even observe problems that might affect the price of bitcoin.
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Topic
Board Bitcoin Discussion
Re: Lets talk Logic!
by
etnichalx837
on 13/08/2018, 02:26:18 UTC
I keep saying that so long as the blockchain technology is sound,bitcoin is secure. Money always follows technology and we have many great examples to chose from. Bitcoin will become increasingly more valuable as more people get to understand it.
Talking about bitcoin certainly relies on logic, because what counts is your money will be a lot (profit) or reduced (loss). So as a trader / investor, the general rule is to buy when the price is cheap and sell when the price is expensive. But the reality is not that simple because there are many parameters that affect the price of bitcoin, one of which is the media factor. Media is a source of information that contains positive issues or negative issues about bitcoin, and that will make the price of bitcoin rise or fall.
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Topic
Board Bitcoin Discussion
Re: BITCOIN PEOPLE - Do you have a business that accepts Bitcoin?
by
etnichalx837
on 13/08/2018, 02:11:21 UTC
This is a very useful website that is going to advertise the opportunity to use cryptocurrency to make easy purchases on variety of items especially ones not well known to people. It's a welcome development and many people will get to appreciate what you have there.
Bitcoin has more users when online / offline businesses accept it as a payment instrument. As a trader, one of the marketing methods in accepting bitcoin is through advertising, or registered in a community like Bitcoin People. Because as a digital currency, not everyone knows of course, advertising is the most accurate source of information. If I have a business, I definitely accept bitcoin. Unfortunately I am still a worker.
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Topic
Board Bitcoin Discussion
Re: Bitcoin impracticable payment. What is the solution?
by
etnichalx837
on 13/08/2018, 01:52:30 UTC

For small transactions, it is clear that bitcoin is not practical, because it loses fast using paper money. But for large transactions such as buying property, lambo, or investing in stocks, using bitcoin may be safer and more comfortable. The solution to overcoming bitcoin is impractical, one of which is by making bitcoin debits issued by exchanging bitcoin using an anonymous card, even though ultimately it's not 100% anonymous because identity is a must, at least fingerprints.
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Topic
Board Bitcoin Discussion
Re: Tax Collector to Accept Bitcoin
by
etnichalx837
on 12/08/2018, 06:05:18 UTC
If tax collectors start receiving bitcoin, then this is a good thing. However, if bitcoin wants to be received in a government then bitcoin should be taxed in order to follow exchange rate rules. It makes bitcoin admissible and not called illegal.
Florida has a creative idea in terms of tax revenue. The main objective of the tax official's hard work is for everyone to pay taxes according to their responsibilities. Paying with bitcoin is a new breakthrough / innovation that can be applied, because bitcoin is also money, only in digital form. Therefore, when paying taxes becomes easier, the greater the income for the government.
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Topic
Board Bitcoin Discussion
Re: Guys please no more talk of Bitcoin better than gold
by
etnichalx837
on 12/08/2018, 05:50:38 UTC
Bitcoin not comparable to gold for it is from the nature that's why everything is unique and may not to compare to anything. What I've knew is that gold is from nature. So lets stop comparing thing from nature resources.
Bitcoin was created recently, while gold as a commodity has been around for thousands of years. So, it is impossible for bitcoin to replace gold, but complement each other as investment. Having gold is everyone's desire because it is synonymous with jewelry, its shape is real and there is artistic value. Bitcoin has no form, even anonymous ownership. Therefore bitcoin is irrelevant compared to gold, but "value" can be appreciated.
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Topic
Board Economics
Re: What don't you like about Banks and Banks controlling your money
by
etnichalx837
on 11/08/2018, 07:08:45 UTC
Banks are not that cause distrust.  They are more angered by the fact that we do not understand anything, what happens to our money.
I like banks, because in a bank is a place where money is collected. So if I have a lot of money, the bank is a safe place for me to keep it. Conversely, if I go bankrupt because I am trapped in a debt from a bank and I am wrong to invest, the bank is not the place I like. The bank is a capital provider through loans so that customers can grow and progress so that they can have what they want.
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Topic
Board Economics
Re: HODL mentality destroys the currency aspect of Bitcoin
by
etnichalx837
on 11/08/2018, 06:52:44 UTC
a lot of influence and bad news that makes coin prices fall and is terrible and in my opinion you really seem to hold assets that can destroy other people's mental
HODL is one of the strategies in investing. Regardless of people's opinion, HODL includes business instincts that are combined with logical calculations, so when deciding to hold a coin for how long, it's a very sensible decision. When bitcoin is still cheap / worthless, everyone thinks it's rubbish. Except for those who have sharp minds who dare to invest as much as possible to have bitcoin, now just enjoy the benefits. Business is an instinct, which gets profit whose instinct is right.
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Topic
Board Economics
Re: Do you approve this strategy: sell alts buy btc?
by
etnichalx837
on 11/08/2018, 06:29:00 UTC
Now implementing this strategy is the most ok, because the current BTC prices are very low and can fall deep, so buy them now do not miss the opportunity.
I always believe that bitcoin still promises greater profits than altcoins. When the altcoin owner sells it to play to bitcoin, I agree. But having altcoins is also okay, because besides the price is cheaper so it doesn't drain capital, the benefits of altcoin trading are also good. For better investment, it remains bitcoin, because based on statistics, the longer the price of bitcoin is more expensive, meaning that the profit is greater.
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Topic
Board Bitcoin Discussion
Re: Bitcoin is a new phenomenal innovation
by
etnichalx837
on 10/08/2018, 12:34:12 UTC

I think bitcoin is one of the great innovations that change our perspective about currencies, ways of payment also invest in the digital world. We used to regard conventional payments as the best. It turns out that the assumption was refuted by way of bitcoin model transactions which turned out to be safer, cheaper, faster. Slowly but surely the understanding of bitcoin is able to change the point of view of people around the world, and that is only a few years.
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Topic
Board Bitcoin Discussion
Re: Thailand Legalize Crypto currency
by
etnichalx837
on 10/08/2018, 12:06:43 UTC

Thailand saw clearly about the cryptocurrency. As a country that relies on tourism, Thailand must be able to see opportunities that attract tourists to visit their country, and make it easier in terms of expenses and payments. Many tourists use cryptocurrencies, if they are forbidden they can travel to other places that accept cryptocurrency. The government is smart at seeing opportunities, businesses are happy because tourism is developing.
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Topic
Board Bitcoin Discussion
Re: Airport accepting bitcoins for traveling tickets
by
etnichalx837
on 08/08/2018, 13:55:13 UTC

I'm sure it will happen soon, but not all airports and travel agents can / dare to accept bitcoin because this involves different government regulations for each country. Some legalize bitcoin, but some consider illegal transactions using bitcoin. So in countries that legalize bitcoin, transactions can take place without problems, because it simplifies and speeds up transactions.