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Showing 20 of 116 results by jo123
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Board Economics
Re: Why spend time in bitcoins?
by
jo123
on 01/09/2018, 05:55:31 UTC
I am engaged in earning bitcoin, ether, various tokens in free time. You can say this is my hobby. And work, as for me, should be some kind of stable, that is, what will bring a certain profit in a month. Then you can plan this month.Seeking for knowledge to know how bitcoin works and learning basic of bitcoin trading is why I spend my precious time on bitcoin and it is never a waste of time to me. Also remember that Knowledge is power(Francis Bacon,1597).With my knowledge of bitcoin and it trading, I have been able to make a great deal of profit when trading bitcoin.
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Topic
Board Economics
Re: Why spend time in bitcoins?
by
jo123
on 01/09/2018, 05:55:06 UTC
I spend time in bitcoins, specifically cryptocurrency because I believe it to be the bridge of technologies currently existing. We have money and we have digital machines, but we do not have them properly architected to autonomize and self govern.  Incrementing actions is what im getting at. I believe the whole world will go through a revolution of incrementing all these actions we previously had no tracking for through self governed automatic processes.
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Topic
Board Economics
Re: Why all people moan about the price of bitcoin?
by
jo123
on 01/09/2018, 05:54:34 UTC
Most of those people were just looking for good returns and I wouldn't be so surprised that they're gonna complain when can the bearish trend stop. They want something out rather than getting something in it. Just like basically in an ordinary student group project that they wanted to benefit out of something rather than contribute something to it to their leader which are the whales if we put it in crypto market idea.
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Topic
Board Economics
Re: Why all people moan about the price of bitcoin?
by
jo123
on 01/09/2018, 05:54:21 UTC
People would get mad if the coins that they hold are going down for a long time like what we are facing right now. Probably it's only their money or they went all-in to invest in Bitcoin which is a stupid idea. If people only invest in Bitcoin just because the trends, they would be mad if they suffered from losses.
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Topic
Board Economics
Re: How the Bank works to make money?
by
jo123
on 01/09/2018, 05:53:36 UTC
Actually banks reinvests money on stocks and assests plus of course the loans they give out. But the main income of banks comes from the investments they bet on with your money. Of course some banks have pre need products like insurances where they get their money from but the bulk is still on investments.Policy to make money is different for each bank. many banks focus more on lending however some focus on Services and payments solutions .
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Topic
Board Economics
Re: How the Bank works to make money?
by
jo123
on 01/09/2018, 05:53:05 UTC
Banks earn a lot from the sale of collateral and business lending. I for example know that many banks have income even from loans on 1+ day. Also, the income of banks depends on the country in which they are located. In poor countries, credit rates are higher and the population is poor, so they are more likely to use credit.There are so many ways in which banks earn a lot of income, interest income comes from borrowing customers in loans, large interest income depends on the amount of loans disbursed and the interest rate set, the role of the bank as an intermediary institution that collects funds from the community and channeling funds in the form of credit to the business sector or individuals in need, and many more that can be profitable for my bank only illustrate small samples, and others have answered more.
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Topic
Board Economics
Re: How can we make this world economically better?
by
jo123
on 26/08/2018, 13:35:18 UTC
An increase in economic growth is an increase to the consumer consumption that the total economic output of a country, which increases income per capita. In simple terms, the economy can be better if there is productivity, an increase in gross domestic product (GDP), which is defined as the combined value of all goods and services produced within a country in a year. Discovery of a new resource is a great way to generate economic growth, labor force, as well as creating superior technology or other capital goods and most importantly is specialization of the laborers in their crafts. The government should mainly take part to this, cutting of corporate tax rate would have a great impact to the economy because more new businesses can be structured with a low corporate tax rate.
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Topic
Board Economics
Re: How can we make this world economically better?
by
jo123
on 26/08/2018, 13:34:58 UTC
This can be achieved if everyone that are in various sectors keep contributing their own qouta in and most especially the private sector.Making the world economically better is not in the hand of the government alone but if every body see it as their responsibility to make sure the country or the whole world develop the effect will be seen very fast. Make sure you contribute your own quarter toward development and eradication of poverty.
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Topic
Board Economics
Re: Blockchain future
by
jo123
on 22/08/2018, 09:33:48 UTC
The future is here according to some of the well known supporters of block chain technology and there will be a massive use of this kind of technology in the coming years. This decentralized platforms are being created to foster peer to peer interactions in the business. Block chain also provides efficient ways with reduced cost of using it. Block chain is better  path To Achieve in Future.If Government Accept this And sees It On  this Good Purpose.  Maintain Some Rules Those are Utilize For Country And No illegal Work Will be not held by anyone.It will be Life long Crypto currency in the world.Ultimate King Of Crypto currency Is BTC .
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Topic
Board Economics
Re: Should we teach children to have businessman mentality or be successful employee
by
jo123
on 11/08/2018, 02:30:23 UTC
For my opinion, I have two answers both are contradict to each others. Yes, teaching our children to be a business mind or oriented at an early age is useful because they can use it for their future to become independent and skillful when it comes in holding money. But In the other hand it is not right to push our children to do and learn business at an early age because they are only kids and let them play with their friends and savor every moment of their childhood. The right time will come .
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Topic
Board Economics
Re: Should we teach children to have businessman mentality or be successful employee
by
jo123
on 11/08/2018, 02:30:10 UTC
All the expectations of my parents are sure to want his son like that. Become a successful child and happy family. But when it comes to work, employers are better jobs than employees of a company. It should be convincing to our children that entrepreneurs are fun, and that they can get more profits sooner. Always give motivation and support for them to be successful human beings.
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Topic
Board Economics
Re: What is the best Cryptocurrency to Invest?
by
jo123
on 11/08/2018, 02:29:19 UTC
The first 10 coins on the coinmarketcap are the best coins that you can invest and make really good money in years come. Bitcoin, ethereum, ripple, zcash, dash, litecoin and some many other that has good capitalization are some of the coins you can actually invest and make good money. but for me always Bitcoin is the best crypto currency to invest. You may go for Ethereum next to Bitcoin and NEO followed by that. The all time favourite for everyone is Bitcoin but the price of Ethereum is low now and it is a good option to buy now since this coin has good potential and market cap. You may think of NEO as well.
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Topic
Board Economics
Re: Success of an investment may not be true to all?
by
jo123
on 10/08/2018, 11:27:52 UTC
Is it true , when you invest bitcoins i surely say that you will be gaining more bitcoins in just a couple of seconds. Bitcoin is very popular nowadays and in order to get more bitcoins we just need to invest more. Remember , the more you invest bitcoins the more bitcoin will you recieve .The success of the investment will only be achieved by people who want to learn, try and not afraid of failure. failure is a natural thing, because we are learning. someone who is already an expert still there is a possibility to fail, the spirit!
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Topic
Board Economics
Re: Reason we pay taxes and why we should
by
jo123
on 10/08/2018, 11:25:29 UTC
paying taxes is a duty for every citizen. the taxes we pay will be used for the development of the state in order to improve the lives of its citizens. the amount of tax depends on the income we earn and it is regulated in the law.I also believe with your words, certainly bitcoin when it is approved that the taxes still run according to the rules in our country like what. therefore we must pay taxes so that we can also help the state finances.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
jo123
on 10/08/2018, 11:24:11 UTC
I think that instead of saving our money, we should invest our money in other places such as bitcoin, ethereum, gold or real estate. By investing your money like that, you have a chance to multiply your balance to many times. Therefore, dont waste your money on bank, try to buy something or invest in something.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
jo123
on 10/08/2018, 11:23:38 UTC
 I use my savings as "emergency funds" where if only I have no choice and then there is something important to buy like necessities in home or I have to go to the grocery, I have no choice but to use my emergency fund but there is also an alloted money that is only for savings because I have a goal each year that I have to travel to another city from our country to explore and be a tourist.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
jo123
on 10/08/2018, 11:22:58 UTC
The wise thing to do with your saving is to invest it in an asset with stable monetary values in the economy. I talk about the stable prices because investment in an asset having stable prices remains secured and offer great return in future. Besides, you can also invest in crypto currency but you need to have good market knowledge about that as well as about the technology.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
jo123
on 10/08/2018, 11:22:40 UTC
It is very important to save something against rainy day, no one know what can happen with us in future so it is good to save something for our bad days of life, investing your money is best choice for us to save our money for our future, we should save our money in form of bitcoin as bitcoin use to increase in price but money holding is not good as it will remain the same even after holding it thousands of years so investing in bitcoin and save your money for your future.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
jo123
on 10/08/2018, 11:21:42 UTC
MAybe the common advice is to run a business so that it will be profitable but also many people forgot that they must be intellectual when they start creating their business to avoid possible losses. and the best way to save more is to manage your saving even better for the future. Give time on thinking the purpose of what you saved so you could earn more in the future by giving a part of your earning on new investment that you could manage. Just like in trading its is always better to have an option for us to earn and make a wise decision on choosing the track you would take for you to be successful in life.
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Topic
Board Marketplace
Re: can bitcoin in the future surpass gold?
by
jo123
on 04/08/2018, 03:34:20 UTC
We can't  compare the bitcoin and gold for now in terms of value but i know it will happen though in the near future , many things can happen so let your hopes up.