because bitcoin is people power and the people power are depend on news , so if in the future bitcoin always have good news , i think the 20k $ price is possible to do .
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BoardEconomics
Re: When is the best time of the day to study about Economics?
by
pellor mas
on 26/06/2018, 15:48:34 UTC
The mornimg is the best rime in my opinion. You rest amd relax your brain and body afyer a good sleep and so studying again in the morning feed your head with fresh info.
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BoardEconomics
Re: FINANCIAL TIPS
by
pellor mas
on 25/06/2018, 04:07:43 UTC
We need an positive mindset and discipline with regards to saving money. Some people are dont have enough knowledge in saving money that's why many people still unstable when it comes to financial. As an individual person who earning not so high salary it is hard to budget your salary but it is not the reason that you didn't save for your future.
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BoardEconomics
Re: Bitcoin as a Retirement Account
by
pellor mas
on 24/06/2018, 14:50:46 UTC
I think there some disadvantages in having a retirement account with bitcoin because we dont know what will happen to bitcoin in the future will it lasts forever or stay but its good also having a retirement account it will make bitcoin more active.
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BoardEconomics
Re: Bitcoin's High Volatility
by
pellor mas
on 24/06/2018, 14:46:23 UTC
Bitcoin is highly volatile and the price of bitcoins is determined by the demand and supply of the bitcoins in the crypto market, and it is common in all financial markets to have a hike and a drop in the market which means the market will not remain stable for longer period of time, the price of the commodities keeps on varying every quarterly. If you have trading skills and observe the market you will be able to understand how the market is moving and it will give ideas on when is the right time to invest and when is the right time to sell them.
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BoardEconomics
Re: Bitcoin holders will have to pay their tax?
by
pellor mas
on 24/06/2018, 14:42:58 UTC
Some countries have made vague references to the existing tax documents without actually trying to accept the hints for a new digital currency. If you are a regular bitcoin user , receive bitcoin and then spend on goods and services, then adhere to the tax laws, you must declare fair market value at the time of purchase.
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BoardSpeculation
Re: Reason of the price fall
by
pellor mas
on 22/06/2018, 15:13:34 UTC
Data Coindesk pointed out that bitcoin prices dropped to $ 12,000 for the first time since December 5, 2017. The bitcoin price listed at 11,685.24 US dollars, equivalent to Rp 156,579 million.
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BoardEconomics
Re: Blockchain technology is not a trend
by
pellor mas
on 22/06/2018, 15:09:04 UTC
Now only a small percentage of people know about cryptocurrency and BlockChain technology, and how to use this technology is known by fewer people. That's why, as soon as this technology gets more popular, we're waiting to take off. The potential is huge.
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BoardEconomics
Re: Making crypto succeed in the real world?
by
pellor mas
on 22/06/2018, 15:06:35 UTC
Merchants are afraid because they have to track sales, income, pay taxes, and more. There is no provision for this purpose and that is why they may not simply accept it easily. For customers it is hard to wait in the coffee shop until they get enough confirmation of the bitcoin process. So there are none but many problems in using this currency. Until the moment we do not see a big preparation for this we can not see any progress as a whole.
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BoardEconomics
Re: Is the government really scary?
by
pellor mas
on 21/06/2018, 09:17:27 UTC
In fact, should the regulation and government policy provide a sense of comfort to business actors and the community, so that the wheels of the economy spin fast. By feeling safe and comfortable, people do not hesitate to spend their money, so businessmen maximize their investment.
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BoardEconomics
Re: How much money are in the World?
by
pellor mas
on 21/06/2018, 09:10:18 UTC
we can not know exactly how much money in the world but we can try to get an estimate I think in the same way we have an estimated world population that is the number of people estimates instead of the right amount. Let's add all the money from every bank in the world, then add an estimate of the amount of money that we do not think is in the bank, then we can add the total available Cryptos multiplying it to their dollar value, we may be near.
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BoardEconomics
Re: China tells people to buy gold & silver
by
pellor mas
on 20/06/2018, 16:23:07 UTC
About gold and silver since the 90's and I think, 2012 is the golden year and silver has the highest price. I think China is promoting gold and silver because the demand is very high then. The sad thing is it's down from 2013 to the present day. Demand for gold and silver fell.
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BoardEconomics
Re: How to cope up with the falling prices?
by
pellor mas
on 20/06/2018, 16:19:05 UTC
You do not need to really cope. It's just a matter of taking a chance when the price falls. This is the cryptocurrency time point because it came out recently. Most likely everyone will also come out in panic, but worse depression is there waiting for them because their psychology is not really in line with market behavior. Unpredictable and they chose to just get out because their knees were on their knees.
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BoardEconomics
Re: How to regulate crypto?
by
pellor mas
on 20/06/2018, 16:07:49 UTC
The State of Russia on State Construction is to support the first reading of a proposed regulation that incorporates fundamental rules for the digital economy in the country's Civil Code. At the same time, a leading Russian bank issued its first commercial bonds through Blockchain-based technology.
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BoardEconomics
Re: Bitcoin and Future of Economy!
by
pellor mas
on 19/06/2018, 13:50:23 UTC
Over the last few years one of the most pronounced news in the financial world is the tremendous growth of Bitcoin prices. For many people it's hard to imagine how something worth a few bucks will skyrocket for just three years? At that time people began to think that maybe Bitcoin got a big future and they were right.
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BoardOff-topic
Re: Backup is important
by
pellor mas
on 19/06/2018, 13:46:30 UTC
backup is just as important as if you made a transaction? If backup does not have that feature then all transactions will not be recorded and data will lose its function. And we will not be able to recover it.
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BoardEconomics
Re: Is Bitcoin a Bubble?
by
pellor mas
on 19/06/2018, 13:42:55 UTC
people who think of bitcoin as a "bubble". They spread fear and doubt about bitcoin. They believe that high bitcoin price increases will experience bubbles. but I think their critics and opinions are mere skepticism. It seems they just hate cryptocurrency. many of these people do not fully understand bitcoin.
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BoardEconomics
Re: Blockchain will help Economy.
by
pellor mas
on 18/06/2018, 12:35:51 UTC
This blockchain that I appreciate and most admire is an integral part of the Transparency of the system, in which the work of an agent is seen or can be viewed and checked by any other agent in BlockChain's destination for Accuracy and Accountability for the same targeted results. This is just what the Economy needs, when no funds can be sucked or changed for self-correction.
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BoardEconomics
Re: If You Hate Poverty, You Should Love Capitalism
by
pellor mas
on 18/06/2018, 12:30:16 UTC
Capitalism allows people with money to make more money easily, while communism allows people with the power to make more money. The social structure in capitalism, communism / socialism and dictatorship is different, but all classes still exist!
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BoardSpeculation
Re: Price manipulation
by
pellor mas
on 18/06/2018, 12:26:12 UTC
I do not know exactly what has happened, because I think the price is always like this. Anyway if there are some things being manipulated about the price, I hope this will be resolved soon.