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Showing 20 of 33 results by lorigo
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Board Economics
Re: Can bitcoin improve the economy of a country?
by
lorigo
on 24/01/2018, 13:30:58 UTC
yes if bitcoin is indeed accepted in a country it is a good thing because in every transaction it may be charged for state taxes if bitcoin users are more likely to help the country's economy
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Topic
Board Economics
Re: bitcoin benefit of saving for a long time?
by
lorigo
on 24/01/2018, 13:18:51 UTC
this is just my personal opinion why people save bitcoin in a long time, I think the answer is to wait for the best price and the right time to sell it.
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Topic
Board Economics
Re: Big Crash coming
by
lorigo
on 23/01/2018, 08:25:41 UTC
it's all true in 2017 that bitcoin has risen in price by more than $ 10k and it's been seen that many countries are starting to forbid I do not know why because it's possible that the country is afraid that paper money will be replaced by a digital currency.
which is the problem of whether there will be a civil war in the europe until now I think is fine.
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Topic
Board Economics
Re: Is it better to save money or invest it?
by
lorigo
on 23/01/2018, 08:17:19 UTC
Things to consider in investing are risks, because each type of investment contains risks and benefits that are directly proportional to each other. That is, the higher the risk that we can bear the profit potential will be higher (high risk high return). On the other hand, with regard to the risks, saving is relatively safer when compared to investment. But the profit (return) generated any small that fit the concept of low risk low return. Saving is usually for short-term financial purposes and a place for emergency funds because it has high liquidity. If at any time we need funds, the money can be directly withdrawn or withdrawn. While investing primarily for a long period of time so as to provide maximum benefits.
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Topic
Board Economics
Re: 1Bitcoin as a gift from someone
by
lorigo
on 20/01/2018, 00:30:10 UTC
if I were given bitcoin I might save it until the price is suitable for me to sell but I see the circumstances around first if I need money maybe I will sell half.
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Topic
Board Altcoin Discussion
Re: Do Altcoins really have a future?
by
lorigo
on 20/01/2018, 00:27:01 UTC
nobody knows in the future it could be as ethereum would be as popular as bitcoin now let alone if bitcoin is depleted in the mine i think altcoin can have a good future.
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Topic
Board Economics
Re: Worst bitcoin decision you've ever made?
by
lorigo
on 20/01/2018, 00:22:17 UTC
my mistake when I just found out bitcoin at the end of the year when my work dabbled in the online world but I do not know it that I know only game and game ...
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Topic
Board Altcoin Discussion
Re: Litecoin is officially dead
by
lorigo
on 18/01/2018, 19:19:00 UTC
I remember I had bought 100LTC when it was around $10 and now am happy I had not sold them. It has more potential as it was rated as 300$ late last year.
wauu .. i think that's a lot if you sell now maybe you can buy lambo, what makes you too greedy Cheesy
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Topic
Board Economics
Re: Difference of Trading and Investing?
by
lorigo
on 18/01/2018, 19:14:45 UTC
Investment Characteristics
Simply put, investment is defined as the activity of investing capital. Thus, any economic activity that requires capital is considered an investment. Investment is passive. That is, you as an investor does not run the business directly to gain profit because there are already other parties who manage the money. And you just stay enjoy the benefits (did not rule out the possibility of loss) only.
Characteristics of Trading
The opposite of investment is trading, which is more active. As an investor, you are a business actor who must work alone to get a profit target in a certain period. Profit and loss as a result of the capital you cultivate depends on your own as a trader. If successful manage it, you will get a profit. Conversely, you will lose large amounts of money if you manage it casually.
so depending on you want to profit in time fast or long.
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Board Off-topic
Re: What is your stress reliever ?
by
lorigo
on 09/01/2018, 11:41:52 UTC
my stress reliever is out for a walk while drinking that thing I often do.
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Topic
Board Economics
Re: Is bitcoin a good way to invest your money ?
by
lorigo
on 09/01/2018, 11:38:35 UTC
all investments must be a risk you must face before you start investing any kind of learn first do not just think of profit, maybe bitcoin is a good place for investment today.
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Topic
Board Economics
Re: Best tip on saving money
by
lorigo
on 09/01/2018, 11:31:36 UTC
1.Track revenue and expenses. Often we do not care about our expenses
2.Don't giving money too often
3.Check the bill
4.Take advantage of internet
5.Saving, saving, saving
6.Take advantage of credit cards
7.Always make expense items
8.Avoiding unnecessary costs.
Post
Topic
Board Economics
Re: Bitcoin or gold?
by
lorigo
on 08/01/2018, 19:42:42 UTC
bitcoin today as a gold substitute investment tool when compared to bitcoin is much more expensive the price we also do not have to bother to store bitcoin, unlike gold real stuff that must need a safe place to store it.
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Topic
Board Economics
Re: Bitcoin can not replace fiat
by
lorigo
on 07/01/2018, 10:47:26 UTC
Yes, got you intrigued, didn't it?

Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.

It is really safe to say that bitcoin is better than gold and fiat money. We cannot change the fact that bitcoin is phenomenal in the last year but it is up to that and cannot replace how fiat money works in every individual. Bitcoin only sustain the need of some people to earn decent amount of funds but when we go to transacting in stores we need to convert our bitcoins to fiat which in my thought fiat is still superior than bitcoin.
yes, almost every day we still use fiat money in real bright bitcoin transactions as a medium for their luggage as an investment and in the end bitcoin is always exchanged for fiat money.
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Topic
Board Altcoin Discussion
Re: Bitcoin Vs Bitcoin Cash
by
lorigo
on 07/01/2018, 10:34:53 UTC
I also do not know what will happen with Bitcoin cash my assumption that just as altcoin alone seems far away to beat the popularity of bitcoin.
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Topic
Board Economics
Re: do you think bitcoin is controversial ?
by
lorigo
on 05/01/2018, 19:01:08 UTC
Btc is getting highly controversial in the recent days and the main reason I consider is the skyrocketing price. All the other things like illegal transportation of money or buying things using Bitcoin on dark web also took place in the past. But it never got attention like it has got  at the present time and all these things are happening due to increase in price.
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Topic
Board Economics
Re: The future of the paper money
by
lorigo
on 04/01/2018, 19:16:42 UTC
yes maybe in the future paper currency will be replaced with digital currency who knows the future can only be predicted but do not know certainty later.
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Topic
Board Economics
Re: Where do you spend your money from Bitcoin?
by
lorigo
on 03/01/2018, 18:50:12 UTC
often I get money from bitcoin usually the money I use to spend on living necessities and the rest of the money I usually use for holidays .
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Topic
Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
lorigo
on 03/01/2018, 18:41:53 UTC
it is impossible dollar replaced with bitcoin because now many governments are banning bitcoin but do not know in the future what will happen next.
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Topic
Board Economics
Re: How to teach kids about Bitcoin?
by
lorigo
on 02/01/2018, 18:14:08 UTC
I never thought to teach kids about bitcoin it was so far out of expectation because the kids were still very fond of playing yet it was time to know Cheesy