Round 6

Re:Tracking Bitcoin price versus tracking share market price trends 

Category: Suggestion and Information
Board: Bitcoin

url=https://bitcointalk.org/index.php?topic=5538368.msg65287501#msg65287501]Re: Percentage of money advices to trade with [/url]

Category: Opinion and Suggestion
Board: Trading Discussion

url=https://bitcointalk.org/index.php?topic=5539932.msg65327890#msg65327890
 ]Re: 10 highest valued currencies in the world [/url]

Category: Information
Board: Economy

url=https://bitcointalk.org/index.php?topic=5527153.msg65352137#msg65352137]Re: The Basic economic problems of society [/url]

Category: Opinion, Suggestion and Information
Board: Economy

url=https://bitcointalk.org/index.php?topic=5541213.msg65352227#msg65352227Re: Banks using your money to rich themselfes and profit but you get nothing from it [/url]

Category: Information and suggestion
Board: Economy

Banks are investors and not gamblers. They are not gamblers because they don't invest and expect luck to interact with it or for luck to shine on the investment like gamblers would wish. Truth may be said that banks make use of customers money but that is not gambling, they are direct on their investment and have calculated risk and profit margin ( that's if their will be risk, very minimal and avoidable or they go through court processes).

So if bank is giving you loan, do you know they are investing their money in you inform of loan and taking a worthy collateral from you of which if you default from payment plan, they could benefit more than they should originally because of collateral forfeiture. Bank is a business venture and always declaring profit because they are carefully and take calculated risk.

What this is talking about is principles of production in relation to factors of production. These does not cover the challenges or problem of a society. Have you fathom the problems of society that is not relating to ?

There are insecurity which is a big problem to every society these days because criminal activities are on the rise and the primary responsibility of government is to secure lives and properties.

Apart from internal insecurities, there is instability in different parts of the continent and war which has either little or huge effect on different parts of individual economy.

There is increasing rate of inflation especially in less developed countries.

Moreover, the problems are not uniform in all societies. Some societies are battling with corruption and corrupt politicians/leadership amidst plenty natural resources, which harnessing becomes a challenge. Some societies face scarcity of resources but have built strength in human capital.

So what to produce, how and who to distribute it to is a production terminology and principles not a society problem in isolation.

Forum Rank: Senior member
Bech32 address: bc1qk77nng4asnsvc4mk4p9nvwr0uev27slcrdqytk

Bitcointalk username: palle11
BTC Address (should be SegWit): bc1qk77nng4asnsvc4mk4p9nvwr0uev27slcrdqytk

Bitcoin Profile link:
Current amount of posts:
Earned merit in the last 120 days: 3
Bech32 BTC Address for Payouts: bc1qk77nng4asnsvc4mk4p9nvwr0uev27slcrdqytk

So how do you think the strength of a country's currency help to boost economy of that country?

In my idea, I believe that if a country has a currency that is of high value, it will increase her value also in global exchange making it to have more excess in exchange compared to the country with less value rate. That is, if you want to have the high currency, you have to exchange more of your local currency for the higher currency and that strengthens  higher currency more while the lower or cheaper currency keep depreciating. Also it will help foster more international benefit and advantage in trade.  It will be cheaper for investors from strong currency to import goods and they have more products than what investors from lower rate currency would get when they are importing or exporting from higher currency country.

So I have brought list of 10 highest valued currencies in the world for now

It does increase the winning chance because it is just like equipping the player on the choices to make. Those are the material you need to work with and prepare yourself with before you decide on what to bet on. You will need to study means taking in consideration all that concerns the game that you about to put your money in like the spirit on the players whether they are ready to give all to the match or if there is low spirit due to injury, allowance, cards on key players which will lead to missing the match. All those contribute to winning chances.

I don't think it is in the place of prediction sites to publish such details, they can only know how much traffic that they generated like how many IP address visited their website but not those who actually bet. It is a different thing when you visit a prediction site and actual gambling of what you got. So it is in the hands of casinos to say how many percentage of players are actually long time winners. It is going to be a compilation from different casinos and gambling house put together. But from the general view of gamblers here, it is quite a low number that are consistent in winning. Maybe less than 5% of players are winners.

I believe that you are wrong here and misleading. You are almost saying that royal families don't train their children to acquire some knowledge and skills to equip them in the society.

On the other side of what you are saying, I have to remind you that royal family members were those who held very important positions in the society and if they don't have skills, they won't be able to fit in. Children of Royal families historically were the best educated, they go to high level schools to prepare them for leadership and government offices, diplomacy and society ethics. They equip themselves in the study of different languages, arts and culture of their society, craft, business and management skills. They also study professional studies like medicine and law etc. Those are skills for the royal families which the middle class find it difficult to attain.

This depends on the trader's salary because if you are earning $3,000 for instance, 10% of that is $300 and 10% of $1,000 of another trader's salary is $100. Now that is the difference in salary percentage manifesting in how much you want to trade with. But my question is whether you are referring to how much capital to start trading with or how much percentage of trade order per trade you want to order.

As to capital to start up trading, it doesn't really matter much if you have knowledge and can control your emotions. For how much percentage by order, I think 1% of the trading capital is cool then applying SL is fine. To take lower risk in trade is more strategic than to increase risk. Bitcoin and other tradable instruments are very volatile and can move against the direction of your analysis and call margin is the next you struggle with. 1% is fine for a gradual build up of trade experience.

In sincerity I didn't believe bitcoin would get to this price of 6 digits. If I believe it I would have invested even a coin because the difference is now a lot of money. If someone could see the future, they would be very wealthy. This is why investment is risk taking because there are people who believed in the future of bitcoin and they grab the opportunity to invest their money in it but now I do believe that the price will keep rising with the adoption rate that will cause volatility and fluctuations.

You are right on point. To take low risk is better than having a one time target to make all profit at the same time and then your heart will be in your hand at any little pips movement against your positio. One important thing about low risk is that even if you lose that particular order, you will have another chance of going in again at an opportunity rather than if you had lost all opportunity at once.

Bitcointalk Username:
Profile link ;
Post Count: ..... (including this one) :
btc addy :
Forum Rank : Senior member
Current Merit :

Rank- Sr. Member
Segwit BTC address- bc1qk77nng4asnsvc4mk4p9nvwr0uev27slcrdqytk
Your Casinopunkz username- gaUSBVFmgV

Bitcointalk username: palle11
BTC Address (should be SegWit): bc1qk77nng4asnsvc4mk4p9nvwr0uev27slcrdqytk

I don't think TV guest and analysts have much to cause market to move either up or down except the analyst is a whale hodling alot asses and discussing his next plan of action like Elon musk on some of his Saturday night live shows or Trump for instance. But if for an unknown media analyst, I don't think there will be an impact on cryptocurrency price because they are only analysing what has already happened using technical analysis and charts although they might analyse the future but it is not as the same with a whale saying his next plan of action. This is same with stock, a CEO coming on television to discuss the company's agenda, challenges, future plans etc is not the same with what an analyst would say. Over all, I prefer technical analysis. That is what gradually guide you to where price is heading to.

The tariff placed by US government is not only on China but why the media is now talking is because Trump has relaxed the tariff for other countries for 90 days and instead of reducing that of China, it was increased to about 120 percent. What I can say to that is that US have always seen China as a very strong competitor in every area like trade and industrial manufacturing, technology, warfare etc. So they will put more effort to discourage Chinese products in the US and allies of US.

Again, Trump made it clear that he is going to focus on the American people and so many orders have been made in that direction including the child birth right which is aiming to discourage migrants to see US as a safe heaven for child bearing and citizenship status.

I believe many bettors would like to be in the position where they would have consistent winning like you. They will not run away from it because it seems you are running away from easy profit. I wonder who gets tired of making sure money. I understand that to have a consistent winning, you have to give it your time for different research and analysis but it should worth it given that you said you make regular winning. It doesn't get bored with making money, what you should do to feel the reward of your effort is to up your stake for certain games you feel has very high chance of being successful. I know must people who win in football betting play single game and they increase their staking amount to increase the potential winning.

You might have a point that you are making but it is harsh to call gamblers foolish and stupid. You could have found a more subtle means to relate your disapproval of gambling, an irony of the signature you are wearing.

Everyone have a chance to make their mistake and some have made mistake that later turned into success because I have also seen huge winners in this gambling business and there are people still earning with gambling. Of course I don't believe gambling will favour everyone because our luck has areas where it can shine and it is our duty to know what works for us and what doesn't so we can determine to stop trying or continue trying. Casinos and gambling owners never force any gambler to play and that is why we need to play just as we can without regrets.