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Showing 11 of 11 results by summersky2126
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Topic
Board Economics
Re: Is Bitcoin Worth To Be Currency?
by
summersky2126
on 18/12/2018, 14:55:13 UTC
Well for me it is the best option to choose from and I believe that bitcoin will not become a currency in the future but will be the best thing to consider when making any payments and you can see that the market is constantly fluctuating and bitcoin prices are constantly adjusting and falling sharply, the bitcoin price fluctuations as much as the current time is due to bitcoin No country, or any government control, so bitcoin always fluctuates even in these coming days.
Post
Topic
Board Economics
Re: How can we make this world economically better?
by
summersky2126
on 18/12/2018, 00:13:51 UTC
There are actually several factors that can contribute to our economy to make this world even better and I honestly do not care about the society but still, I believe that the only way to make the world a better place is to give everyone education. Education is key to success, don't think that getting a degree is going to help you to get a job that's not the case it's simple if you have the education you are a better and wise human. It is going to help you to make better decisions in life and also it is going to help you to do your work with the skills you learn from the colleges or school. Even Bitcoin follows economical terms like ledger and transactions.
Post
Topic
Board Economics
Re: Why do you think the market is down right now?
by
summersky2126
on 20/10/2018, 14:58:09 UTC
Because of inflation rate why the market is going down. All were continously getting high.
Post
Topic
Board Economics
Re: Investing in Bitcoin? Advantages and Disadvantages
by
summersky2126
on 18/10/2018, 12:11:29 UTC
Advantage:
Cryptocurrencies offer various practical merits over more fiat money as well. For instance, citizens of developing countries may find it challenging to locate a currency with any value in the global financial marketplace. This would mean that such a populace will effectively be locked out of the global financial system. Cryptos  with universal access   such as Bitcoin would open the global market for such people allowing them to participate in the worldwide economy.

Disadvantage:
On the other hand, cryptocurrencies serve no practical purposes in the contemporary marketplace and have nothing underwriting their value. As such, it is theoretically impossible to assign a value to them apart from the fact a few users have accepted to use them as currency or token and the usual economics of demand and supply.
Post
Topic
Board Economics
Re: Know Your Customer
by
summersky2126
on 15/10/2018, 01:46:40 UTC
Depending on your business you must know your customer first, for you be able to classify who is the vip’s and who’s not. But treat them equally because you need them all. Customer is always right from the myth itself,  always consider what they contribute in you company so you can give back the rewards to them. So they can refer you to other customers.
Post
Topic
Board Economics
Re: Why do you think the market is down right now?
by
summersky2126
on 08/10/2018, 13:39:32 UTC
If the corporate news machine is milking this news, it's because big banks would like to make people afraid of and thus kill bitcoin. That and that alone is the motive for the sensationalism.
Post
Topic
Board Economics
Re: Beside Cryptocurrenices where would you invest?
by
summersky2126
on 02/10/2018, 12:32:22 UTC
I will invest in real estate, food business, cargo shipping, stock trading and buy and sell business.
Post
Topic
Board Economics
Re: Why do older people like investing in Gold/Silver?
by
summersky2126
on 28/09/2018, 02:59:36 UTC
Because in my opinion it’s their way to invest what is best and does have value in every single year, just like real estate investment you also got a lot of money investing in gold or silver.
Post
Topic
Board Economics
Re: Should we teach children to have businessman mentality or be successful employee
by
summersky2126
on 26/09/2018, 14:19:13 UTC
In my experience as a businesswoman, eventhough you are the best among the rest on the class after you graduated, your grades does’nt define who you are, your experience does. That is the reality we need to face. Thay’s why I exerted so much effort to build my own dream business that I am the boss on my own company, I had this mindset thinking that “Eventhough you are the best student in the best school university, when you graduated, you will apply on my company, and still in behalf of your good standing as the best or the successful employee, still you are my employee.”  That’s why I am on the businessman mentality. Smiley
Post
Topic
Board Economics
Re: With Hackers everywhere, How safe is Cryptocurrency?
by
summersky2126
on 25/09/2018, 10:33:52 UTC
With bitcoin and crypto becoming valuable, keeping your bitcoin safe is vital. There are even more hackers out there looking to steal bitcoins.
Post
Topic
Board Economics
Re: Why spend time in bitcoins?
by
summersky2126
on 16/09/2018, 01:01:44 UTC
Most of the people trying to think about the better future and for me this is the best time to invest and to expand, be open-minded in these huge gains.