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Author Topic: Bitcoin Discussion  (Read 127647 times)

Offline Humble Trader's Fx

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Re: Bitcoin Discussion
« Reply #630 on: September 29, 2019, 07:52:31 PM »
Because your argument doesn't make sense. See my pic, I traded all those C2C on OTC market which I can easily change to Fiat. Those are all toy that I have traded with and I can easily buy or sell those toy on OTC market which current worth around USD 8k.

Open your broker, BUY/SELL whatever instrument you like. If you profit, you withdraw. If you make a loss, you loss your fiat.

Any different with your toy and my toy?


If you make a loss, you loss your fiat.

Well, I am a little older than you to play in the "toy box".

You can trade in playing cards or any other broker accepted "toys", as long as the broker is secured in "fiat" (If you make a loss, you loss your fiat. ); an instrument backed by a legitimate authority. You, yourself had to convert BTC to USD, why? Try buying some bananas from Venezuela with BTC.

If you were to go to this distressed country and ask to buy some bananas, offering them, 10 USD, 3 BTC, or one gold coin, worth 10 USD, what do you think they will accept?

Regards,
Humble Trader

« Last Edit: September 30, 2019, 01:00:55 AM by Humble Trader's Fx »
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline iMusingKiMi

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Re: Bitcoin Discussion
« Reply #631 on: September 29, 2019, 08:35:39 PM »
Because your argument doesn't make sense. See my pic, I traded all those C2C on OTC market which I can easily change to Fiat. Those are all toy that I have traded with and I can easily buy or sell those toy on OTC market which current worth around USD 8k.

Open your broker, BUY/SELL whatever instrument you like. If you profit, you withdraw. If you make a loss, you loss your fiat.

Any different with your toy and my toy?


If you make a loss, you loss your fiat.

Well, I am a little older than you to play in the "toy box".

You can trade in playing cards or any other broker accepted "toys", as long as the broker is secured in "fiat" (If you make a loss, you loss your fiat. ); an instrument backed by a legitimate authority. You, yourself had to convert BTC to USD, why? Try buying some bananas from Venezuela with BTC.

If you were to go to this distressed country and ask to buy some bananas, offering them, 10 USD, 3 BTC, or one gold coin, worth 10 USD, what do you think they will accept?

Regards,
Humble Trader

That's why I say financial world are not suitable for you at all. From your explanation, you don't even understand what are C2C or OTC means. Secured in fiat? So called segregated with license? Regulated? You are so fresh in this field.

« Last Edit: September 30, 2019, 12:55:31 AM by Humble Trader's Fx »

Offline iMusingKiMi

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Re: Bitcoin Discussion
« Reply #632 on: September 29, 2019, 08:53:24 PM »
Since you are so smart and there are so many people out there trading this toy, I have something to ask you.

Hen exist before egg or egg exist first before hen?

Fiat exist first or legitimate authority exist first?

Smart people grab opportunity, followers wait opportunity. That's the difference.

 
« Last Edit: September 29, 2019, 08:57:13 PM by iMusingKiMi »

Offline Humble Trader's Fx

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Re: Bitcoin Discussion
« Reply #633 on: September 29, 2019, 09:10:26 PM »
Since you are so smart and there are so many people out there trading this toy, I have something to ask you.

Hen exist before egg or egg exist first before hen?

Fiat exist first or legitimate authority exist first?

Smart people grab opportunity, followers wait opportunity. That's the difference.


Now I can understand why you are having difficulty understanding what is being said and why you make so many mistakes. Most importantly, each time you have avoided or not understood the enumerated questions put to you, but have diverted to some other BS.
Take some time out and improve your English comprehension and when you complete level 2, basics, you may come back for an elementary discussion.

Check out the children’s primer, “The Turtle (tortoise) and the Hare.” And before you start scratching your “hair”, to figure out what I am referring to, “hare”, is a mammal that is prolific but arrogant.

I think this discussion is over, when you have something knowledgeable to say, send me a pm.

Regards
Humble Trader
« Last Edit: September 30, 2019, 01:19:07 AM by Humble Trader's Fx »
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline fxopen78

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Re: Bitcoin Discussion
« Reply #634 on: September 30, 2019, 12:21:27 AM »
Since you are so smart and there are so many people out there trading this toy, I have something to ask you.

Hen exist before egg or egg exist first before hen?

Fiat exist first or legitimate authority exist first?

Smart people grab opportunity, followers wait opportunity. That's the difference.


One question that makes curious about giving an answer, exists egg first before the hen, I think the first is a hen, with reason, the egg still on the bracket, while the hen already running far from yours  ;D ;D


Offline Humble Trader's Fx

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Re: Bitcoin Discussion
« Reply #636 on: October 07, 2019, 02:13:40 PM »
https://medium.com/altcoin-magazine/financial-advisors-hate-bitcoin-their-reasons-will-drive-you-crazy-1df9fe417624

Yes, I had read this article before. The main point is that "They have a fiduciary" responsibility, BY LAW. Any monkey can sell bananas but the only bananas that are sold in our markets in Canada, have to be inspected and authorized by "an authority" governed by the people's representatives.

Enjoy your fruit. I trust they are safe to eat.

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline Eliza Abrams

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Re: Bitcoin Discussion
« Reply #637 on: October 08, 2019, 03:27:06 PM »
The Czech authorities will fine unregulated crypto companies with up to half a million euro, according to a new set of rules, that will be adopted in accordance with the EUs Fifth Anti Money Laundering Directive.

The new rules will come into force by January 2020 and are actually harsher than the requirements proposed in the EU directive.

According to the Fifth AML Directive (AMLD5) every member state should monitor and restrict any money laundering and other illegal activities that involve digital currencies. The EU rules were adopted back in 2018 leaving national regulators until the beginning of 2020 to implement them into their national legislation.


 

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