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Showing 20 of 60 results by solehdavid
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Topic
Board Economics
Re: War: who benefits and how!
by
solehdavid
on 10/03/2023, 15:05:11 UTC
Wars, as always, can create opportunities for some people or countries. However, these opportunities are often limited in the long run and the devastating effects of war are often outweighed by the economic and human losses felt around the world.

The Russia-Ukraine war may have created opportunities for some companies and countries. For example, some defense industry companies may profit from selling arms and other defense equipment to the warring parties. Also, some countries may find opportunities in this regard, as they are forced to reduce their gas purchases from Russia and turn to alternative energy sources.
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Board Altcoin Discussion
Re: Altcoins dead?
by
solehdavid
on 10/03/2023, 14:56:38 UTC
altcoins have their place and use in the market. Of course, the cryptocurrency market is highly volatile and some altcoins may fall in value or even be withdrawn from the market. However, this doesn't mean that all altcoins are dead. Some altcoins will continue to grow in popularity and use.
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Board Bitcoin Discussion
Re: Trust in cryptocurrency?
by
solehdavid
on 10/03/2023, 14:49:15 UTC
Cryptocurrencies are designed as a technology that works without depending on a central authority. As such, they can be seen as a trusted currency for some people, but may be perceived as unsafe for others. Therefore, more information and understanding is needed for cryptocurrencies to gain general acceptance. I believe that cryptocurrencies will enter our lives in the future, but it is unclear how long this process will take and how widespread they will be. Accelerating this process depends on wider adoption and increased use of cryptocurrencies.

Cryptocurrencies should be secured in the same way as other currencies. With the development and implementation of security protocols, cryptocurrencies can become more secure. However, this process can be volatile and, like any technological development, can carry risks.
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Topic
Board Bitcoin Discussion
Re: How do you interpret the fluctuation of Bitcoin price ?
by
solehdavid
on 10/03/2023, 14:28:15 UTC
I would say that fluctuations in the price of Bitcoin are normal and should be viewed with a long-term perspective. Cryptocurrencies are at the beginning of a new technological revolution and could potentially play an important role in the world economy in the future. However, as cryptocurrencies are still an immature industry, their prices can be uncertain.

Therefore, when investing in cryptocurrencies, it is important to ignore short-term fluctuations and build a long-term investment strategy. Investors should understand the potential and risks of cryptocurrencies and build an investment strategy accordingly. Furthermore, investors can use risk management tools such as portfolio diversification and stop-loss strategies to manage their risks.
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Board Altcoin Discussion
Re: Is launching a new project during bear market a good idea?? 🤔
by
solehdavid
on 10/03/2023, 14:18:09 UTC
Project managers may need to create a strategy that is appropriate for bear market conditions. These strategies can include a number of things, such as cutting costs, collaborating more, reducing risk, providing flexibility, and so on. If, with good planning, the project can be structured to grow and profit even in a bear market, it may be a good idea to start a new project. However, it is still a higher risk than in a bull market.
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Topic
Board Economics
Re: Is renting an inevitable waste of money?
by
solehdavid
on 27/02/2023, 16:36:19 UTC
If you don't have the money to buy, you have to pay rent, but if you have even the slightest chance, it has never made sense to me to rent something instead of buying it because at the end of the day you don't earn anything.

But you can be unemployed for a certain period of time and not be able to pay this money, or you can earn a lot more and pay off the loan in a much shorter period of time, so you have to be ready for any eventuality.

When you are too old to work, you will have paid tons of rent but you will not own anything, so what will you do then? This is not advice, but I would take the risk of taking a loan and buying a house.

The good thing is that this debt can encourage you to earn more and eventually you will own a house, the bad thing is that if you are unemployed for a while and you can't pay this debt because of an unexpected expense, then you have no choice but to sell the house back and start earning again.

I hope this has been helpful. I wish you a great house and so much money that you don't have to think about it for the rest of your life.
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Topic
Board Economics
Re: To cut financial ties with original family benefits you in the long run
by
solehdavid
on 27/02/2023, 16:17:48 UTC
As someone who still lives here with his family, I can write the following

First of all, absolutely every person after the age of 18 should try to take financial independence into his/her own hands (when he/she can achieve this depends on his/her business acumen or the path he/she follows), but of course some help can be received from the family when necessary, but one should not get used to it and act as if he/she will never receive any help.

Another way of looking at it is that joining forces financially with the family will always strengthen your hand and you will be able to generate more income. in short, you should always have financial independence, but you should not ignore the possibility of increasing your income and theirs by cooperating with your family.
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Topic
Board Economics
Re: What is your biggest obstacle to achieving financial freedom ?
by
solehdavid
on 27/02/2023, 16:00:39 UTC
The biggest barrier to achieving financial freedom is low income, people with low income cannot invest as they spend most of their income on basic needs and an unexpected health problem, job loss or other emergencies can reduce or completely deplete savings.

But let's assume that your income is enough to invest, one of the biggest barriers for people who fall in this part is the lack of knowledge on investing. it is very important to have enough knowledge and skills on personal finance management
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Topic
Board Economics
Re: How we survive food shortages
by
solehdavid
on 27/02/2023, 15:45:48 UTC
First of all, people should definitely be made aware of wastage and food management, and there should be more investment in agriculture and food production. Also, food shortages are often caused by the inability of products from food production areas to reach consumption areas, it is necessary to improve transportation infrastructure, improve logistics management and most importantly to tackle climate change because climate change is a major threat to agriculture and food production.
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Topic
Board Economics
Re: The impact of Russian and Ukrain war on world economy
by
solehdavid
on 27/02/2023, 14:41:52 UTC
Russia is a major supplier of world energy resources and the Ukraine-Russia war has had a significant impact on energy prices. Since the start of the war, international markets have seen fluctuations in oil and gas prices. Russia is a major exporter to the world economy and since the start of the war many countries have reduced or stopped trade with Russia. This has had a particularly severe impact on countries close to Russia, such as European countries.

The war has created volatility in financial markets. The fact that Russia faced international sanctions and the country's trade declined had a significant impact on Russian markets and thus on global markets. In addition, the tourism industry in Ukraine and Russia has declined drastically since the start of the war.
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Topic
Board Altcoin Discussion
Re: What makes a crypto project reliable and trustworthy ?
by
solehdavid
on 26/02/2023, 19:08:26 UTC
The team behind altcoin projects is a critical factor for the success of the project. The team members' areas of expertise, experience and past projects are important for the success of the project.

It is important that altcoin projects focus on solving a real problem using innovative technologies such as blockchain technology. Projects need to have functional technology that can deliver real value to users and investors.

Community support and fan base are important for altcoin projects. Building projects around a community is important for the project to grow and thrive.

Altcoin projects need to have a unique competitive advantage. Projects should stand out from other projects with a unique idea, functionality or use of technology.

If altcoin projects are transparent, it can help investors trust the project. It is important that projects provide a clear way to communicate with investors and regularly provide information about the project.

However, as the cryptocurrency market is highly volatile and complex, the success and reliability of altcoin projects cannot be guaranteed.
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Topic
Board Bitcoin Discussion
Re: Are Your Kids Aware Of Bitcoin? Teach Them.
by
solehdavid
on 26/02/2023, 18:49:45 UTC
As a good parent you should of course show your children right from wrong, but it is more important to give advice according to the inclination of your children's abilities.

You should not force any child to do this. you can teach them and let them decide for themselves what they should do.
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Topic
Board Bitcoin Discussion
Re: IMF reject BTC adoption
by
solehdavid
on 26/02/2023, 18:45:58 UTC
The IMF states that the success of a currency is based on factors such as its reliability, stability, liquidity, acceptability and usability. Bitcoin is not considered a reliable currency by the IMF because it does not fully meet these criteria.

The rejection of Bitcoin by the IMF does not have a direct consequence for Bitcoin users, but it may make it harder for Bitcoin to be accepted in international financial systems. This could limit the use of Bitcoin and have negative consequences, such as other countries banning or regulating Bitcoin.

Moreover, the IMF's stance does not mean that other countries may also refrain from adopting Bitcoin or turn to other cryptocurrencies. Therefore, the use and adoption of Bitcoin and other cryptocurrencies will move forward with ongoing discussion and regulatory initiatives, so in short, there is nothing to worry about yet.
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Topic
Board Bitcoin Discussion
Re: What might happen when Bitcoin reaches its 21million coins limit?
by
solehdavid
on 26/02/2023, 18:38:36 UTC
Once 21 million Bitcoins are produced, miners' block rewards will only consist of transaction fees.

Once Bitcoin reaches the 21 million units limit, demand for the Bitcoin network may increase due to limited supply. This could cause the price of Bitcoin to increase. On the other hand, transaction fees may also increase, as block rewards will consist of transaction fees. This could make it more expensive for Bitcoin users for lower-amount transactions.

However, it is difficult to make a clear prediction in this regard, given that there is much more time before the 21 million Bitcoin cap is reached. Also, the Bitcoin protocol could be updated to address scalability issues as needed to respond to this situation.
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Board Bitcoin Discussion
Re: Are there age limits to Bitcoin investment?
by
solehdavid
on 26/02/2023, 15:36:04 UTC
There is usually no specific age limit for the use of Bitcoin. However, countries may have legal age limits that apply to the use of Bitcoin. For example, in some countries, you may need to be over the age of 18 to buy and sell Bitcoin.

It is also recommended that people who want to invest or trade in Bitcoin should be financially literate. Therefore, it is important that young people do their research and understand the financial risks before deciding to use Bitcoin.

If it's just a matter of interest and not an investment, I would support a 10-year-old being interested in Bitcoin, but it's definitely too young for investment.
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Board Bitcoin Discussion
Re: Can the exact date of the next Bitcoin halving be determined accurately?
by
solehdavid
on 26/02/2023, 15:09:21 UTC
Can be predicted, but no exact date can be given. The Bitcoin protocol initiates a halving event on the Bitcoin blockchain when the number of blocks on the chain reaches 210,000 (approximately every four years).

When the number of blocks halves, the Bitcoin protocol automatically prepares for a new halving. Therefore, as the number of blocks on the blockchain increases, this date can be predicted with a high degree of accuracy.

Currently (as of 2023), the next Bitcoin halving can be expected to take place around May 2024. However, this date may change depending on the number of blocks on the blockchain.
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Topic
Board Bitcoin Discussion
Re: Can the exact date of the next Bitcoin halving be determined accurately?
by
solehdavid
on 26/02/2023, 15:03:47 UTC
Yes, the exact date of the next Bitcoin halving can be accurately determined in advance. The Bitcoin protocol initiates a halving event on the Bitcoin blockchain when the number of blocks on the chain reaches 210,000 (approximately every four years).

When the number of blocks halves, the Bitcoin protocol automatically prepares for a new halving. Therefore, there is a precise date for the next halving, and as the number of blocks on the blockchain increases, this date can be predicted with a high degree of accuracy.

Currently (as of 2023), the next Bitcoin halving can be expected to take place around May 2024. However, this date may change depending on the number of blocks on the blockchain.
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Topic
Board Bitcoin Discussion
Re: Main Stream Media trying to defame Crypto / Bitcoin
by
solehdavid
on 01/02/2023, 16:42:59 UTC
The Italian scientist Galileo Galilei said 385 years ago that the Earth revolved around the Sun. He was put to death because his ideas were considered wrong by the church. this situation is no different today, no matter how much you do the right thing, as long as these truths are against the interests of some people, they will continue to denigrate it. something inevitable is only delayed, but one day it will definitely happen
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Board Off-topic
Re: What are you listening to RIGHT NOW?
by
solehdavid
on 01/02/2023, 16:11:23 UTC
ATB Feat. Cristina Soto - Twisted Love (Distant Earth vocal Version)

https://www.youtube.com/watch?v=mYEXM92Y3YE
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Board Off-topic
Re: Scientific proof that God exists?
by
solehdavid
on 01/02/2023, 00:01:58 UTC
just because we were created does not mean that we were not created by another life form. we cannot look at everything that created us as god. we as humans can create and sustain things even with our limited technological knowledge. another life form could have created us, god could have created us (if it exists). unless god communicates with us or we see with our own eyes that he communicates with someone, we cannot be sure. without proof, every human being will believe what they think is true. what is certain is to believe in something that we know exists, just like we know that bitcoin exists (unless it is an illusion or a dream).