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CS – NCUT
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Future and singularity
When it comes to Bitcoin, I have full interested in it. Our family have been research cryptocurrency for about 3 years, and we also worked in mining and trading. I remembered that when we started to buy bitcoin, the price is about 1500 US. In 2018, the highest price was came to almost 20 thousand. The reason that our family started to bought bitcoin was because we think that cryptocurrency can replace others currency in the world. cryptocurrency was created as a peer-to-peer payment system that allows its users to transfer value with no central authority or third party involved. Since a network of distributed and mostly anonymous miners are all in charge of processing the transactions, users are ensured that problems like censorship, fraud, and others are not possible.
I think in E-commerce, cryptocurrency is a very good example to teach. And I hope that teacher can teach more about it. For example: trading, decentralized,mining, how it works…so on. I have traded in cryptocurrency market and future contract for about 1 year, and I am still learning new information. So, I am looking forward that I can learn the virtual currency information in the class.
For traditional businesses, one research stated that information technology and cross-border e-commerce is a good opportunity for the rapid development and growth of enterprises. Many companies have invested enormous volume of investment in mobile applications. There is no limit of time and space, there are more opportunities to reach out to customers around the world, and to cut down unnecessary intermediate links, thereby reducing the cost price, and can benefit from one on one large customer data analysis, to achieve a high degree of personal customization strategic plan, in order to fully enhance the core competitiveness of the products in company.
And I also think e-commerce can be classified into two categories. The first category is business based on types of goods sold (involves everything from ordering “digital” content for immediate online consumption, to ordering conventional goods and services, to “meta” services to facilitate other types of electronic commerce). The second category is based on the nature of the participant like B2B, B2C, C2B and C2C.
Before the presence of the computers and the internet, buying things is an immediate, direct task. All that changes when EC, which stands for E-Commerce, took over the world. If you need to buy anything, it’s needless to leave your comfy house anymore. With a few clicks on the website, purchase will be done in no time. Not only buyers but also sellers can benefit from it. All in all, its a game changer.
In addition to EC, other things that related to this field are evolving as well, such as the innovation of money. Bitcoin makes the whole thing a lot more easier than before. The only thing people used to worry about buying things online is the transfer of the money and the delivery. Bitcoin changes that by making itself a real-life currency. They are real asset, they’re transferable, exchangeable, and they even have their own R/E! With these breakthroughs, people nowadays can enjoy a better, reliable and instant shopping experience!
According to the video from part 1, I learned about E-commerce is the activity of selling and buying products online service. If many young people want to make money quickly, they can use this through the Internet. There are many advantages of it. For example, we don’t rent space and save cost. It is a fast way to earn money. As a result, there are more and more people decide to do this so far.
Then, the teacher also mentioned about Bitcoin. It is a form of electronic cash. Every year the price was different. Sometimes is low; however, maybe next year is in high price. In addition, this is a cryptocurrency which is a digital asset. This designed to work as a medium of exchange that can secure financial transactions, control the creation of additional units, and verify the transfer of assets. This lead to the users of Bitcoin can make a backup of and be encrypted to protect their money. Although I was completely out of touch about Bitcoin, I think in the future I will study it. To sum up, I can clearly understand what E-commerce is from this video. I hope I can learn more about this.
The part one video said that young people have good advantage and good instinct on using E-commerce. Without a doubt, there are a lot of young people they make transactions on-line. Even sometimes they need to communication with foreign customers, they still got the language skills to overcome this situation. In traditional commercial business, we used to buy things with cash and only in the physical store; but in E-commerce, we go by the “future”, because we have a variety of platforms, such as Amazon, Walmart and eBay, etc. We just need to use our smart phone to make transactions.
There is a part that really impressed me. The guest speaker mentioned that we need to have idea. And then he said a quote about Steve Jobs, “Computers are like the bicycle for the mind.” It’s an interesting but thought-provoking quote for me. For Steve Jobs’ mind, computer is like the bicycle, so he devoted all his life to make the APPLE. However, everybody are riding his bike now. I think I also need to learn to keep a good bike in my mind.
The internet is a magical thing. In twenty or thirty years ago, we could not imagine that we did not have to go out to buy things or paid money with particular apps. However, this situation is normal now. Everyone used it by various electronic products and take it for granted. This new business model is popular, convenient and time-saving, and we called these activities e-commerce.
The video said a smart guy in poor country can do better than some unwise person in rich world, it is because e-commerce and the Internet. There are many examples can prove that a success person is nothing to do with his birth. Because of the Internet, we can sit at home and know the world. No matter where we lived in developed countries or developing countries, we all have the same resources to present our own capabilities.
Despite many benefits of e-commerce, you must take the good with the bad. We enjoy e-commerce’s advantages, but it still has some unavoidable defects. It may cause fraud, privacy security and other questions when we trade on the Internet. Those matters are what we need to improve in the future. E-commerce needs everyone’s effort to create a more complete environment.
I used to seem that bitcoin is just another scam like Ponz scheme. I remembered when it first occurred, it started with a relatively low price, and then the price started to climb and those who had make an early investment became millionaire. At those time, the price did seemed to keep going up forever, then the fluctuation occurred, and the price went down to what it is today. After watching this video, I am now have a deeper understanding of bitcoin. I went online to research a little bit more into this crypto currency and found that it is safer than I once believed. The encryption that the bitcoin is utilized is next to impossible to crack. Besides, with bitcoin it is very possible to be able to send and get money anywhere in the world at any time. It also allow users to be in control of their transactions and help keep bitcoin safe for the network. But bitcoin has its own risk, as there is only a limited amount of bitcoin but the demand for it increase almost every day. Due to this fact, some people consider bitcoin to be volatile. However, it is expected that the volatility will decrease, as more businesses, medias, and trading centers begin to accept bitcoin, the price will eventually settle down. To conclude, I believe the bitcoin has a great potential to become the currency of the future, provided that the problem of the volatility is solved.
From the videos, I learn about that E-commerce, which is also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. E-commerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet.
Also, it reminds bitcoin in the video so I google it on the Internet to learn more about it. I learn that due to the unique nature of virtual currencies, there are some inherent advantages to transacting through Bitcoin that users of other currencies do not get. Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and risks. That said, Bitcoin appears to offer some unique possibilities.
After I watched this video and I did some research, I realized that E-commerce is the holy grail of retail. I can easily take an example of the advantages of E-commerce. It overcomes geographical limitations. If you have a physical store, you are limited by the geographical area that you can service. With an e-commerce website, the whole world is your playground. There thousands of advantages of E-commerce so we should value it.
According to the video, the guest in the screen mentioned about Bitcoin, and I am very interested in it. After watching this video, I researched the information about Bitcoin. It is very convenient and people can use it to buy everything, even can hire a killer! I feel very shock about it.
As for the Cryptocurrency, I consider that it will replace physical money with the advanced of Internet in the future. Many people buy things or trade online, it is very common and so convenient. The biggest advantage of Bitcoin is easy to use and people don’t need to go to the bank. But a research showed that 95% Bitcoin was fake, Bitwise analyzed Bitcoin exchange is doing washing trading, that is a person buy and sell Bitcoin at the same time. We should alert that the huge risk of that.
Although Cryptocurrency is popular nowadays, it still has lots of problems and we should use it carefully. Know how to use it is the most important things. But I still have interested in Bitcoin, and I hope teacher will tell us more information, like what is mining and how Bitcoin works in the class.
As the time goes by, the technology became more and more advanced. A lot of things can be acquired on the Internet. For example, few days ago I just bought some clothes on the Shopee which is an online shopping application. Technology has always come from human nature. Nowadays, we can just stay at home and click the mouse or just press our phone screen then purchase what we want. Not only in our country, but also abroad. E-commerce now has become a trend. Therefore, there are many choices for you to choose.
However, not only physical stuff you can get from the Internet but also virtual, such as knowledge. Like the teacher said a smart kid in poor country can do better job than an averaged kid in rich nation because of the E-commerce. Everyone just needs to search the Internet of what they want to learn and tones of messages will pop out. You can learn it in anytime and anyplace.
There are also other ways to earn money from the Internet. Bitcoin is one of them. Bitcoin is a fast way to transport your money and it also protects your privacy. In fact, I am not so familiar with it, but it does sound interesting though. I learn I’ve learned a lot from the video. If I got the chance, I would love to try it.
Before I watch the video, I have already known a little bit about E-commerce. Basically, it is to buy and sell goods or services using the internet. Customers or sellers can easily purchase whatever they want to buy and sell whatever items they want to sell, then transfer the product and money via internet in a more convenient way. Also, shops on internet and clubs selling different goods can be easily seen from the internet Ads and even Facebook. E-commerce is so easy to use that we almost cannot live without it.
Though I have the little understanding about E-commerce, the word ‘Bitcoin’ is unfamiliar to me. It is true that I have heard about the word, but what exactly does it mean? The video has gave me an instruction about Bitcoin. Bitcoin is the world’s first cryptocurrency that is stored and exchanged securely on the internet. The price can sometimes drop and sometimes rise, like stock, and you can exchange your Bitcoin to NT dollars or US dollars or any dollars you want, of course the rate are always changing. From using Bitcoin, you don’t need to pay too much fees for your payments, since there are very low fees within Bitcoin payments. Also, every user has its own account and you can easily transfer the money using the account, it is rather convenient because you won’t bother visiting the bank anymore. And your personal information is hidden, so you don’t need to worry about the privacy info. It is like you can easily use the Bitcoin and solve any problem.
Although there are so many advantages using Bitcoin, there are also the bad side. For example, the usage of Bitcoin is actually a bit difficult to understand and it is still unknown to lots of people. Perhaps next time I can learn more details about Bitcoin and also about E-commerce in the future video.
To talk about Bitcoin, so called first decentralized digital currency, the speaker says that it is a revolutionary e-commerce. After watching this video, I also did some research on the website. At first, I do not know what Bitcoin is and I even think that is only for people who play digital games. However, I find it that it is not only for the people who like to surf or use the internet but also for small businesses, freelancers and people worldwide. What’s more, there are also many advantages of Bitcoin. First, with the convenience of Bitcoin, people can buy and sell things by simply using this method. Second, with this decentralized digital currency, people can send the Bitcoin directly to one another without bank or others middlemen. By doing this, the transaction fee will be much lower. Finally, the Bitcoin is accepted almost around the world. As far as I am concerned, Bitcoin is a futuristic currency. Although I haven’t used it before, I think it will be a great start for e-commerce learner to explore the digital world. Thanks teacher and the speaker give us such amazing speech.
Nowadays e-commerce become more and more popular, it’s convenience to us. We don’t have to buy thing at store or TV, we just touch our smartphone screen then the product will deliver to our house directly. Shopping online isn’t a marvelous example of e-commerce. I have done a presentation about e-commerce and location base, I think that is an interesting one. Yes, I’m going to talk about an applications called Uber eats. That is a food delivery application. Unlike Macdonald or Pizzahot’s delivery this application contain many kinds of restaurant people could have multiple choice of food. Uber eats company provide a website and delivery man they cooperate with restaurants. I think this idea is awesome because to the local restaurants it’s a new way to make money.
The video also talks about bitcoin, in resent year virtual currency is a new way to invest. I want to share an experience of mine. Last summer I invest a virtual currency called carbon coin, I didn’t done many research about that. I thought I could earn a lot of money through this investment. In the end I lost all of my money. This is a lesson to me don’t trust any investment before I totally understand it.
With technology becomes more and more developed, people who want to live more conveniently think many payment methods, including card payment, cash payment, bank transfer, and mobile payment…etc. Therefore, virtual currency is invented at that time.
One of virtual currency is called Bitcoin. What is Bitcoin? It is a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. However, the payment method seems quicker and more convenient, but it hide a crisis. Firstly, criminal notoriety. Many criminals used Bitcoin to do illegal things due to anonymous service. Secondly, high price fluctuations. Do not think that Bitcoin’s value rise strongly, it plummets suddenly. In the end, vulnerability of trading platform. They are usually attacked by hackers.
Everything has two sides, both good and bad. As long as the advantages are more than the disadvantages, it is a good thing. I hope Bitcoin can come true its original dream under the struggle of all humankind.
According to the video, I know E-commerce is using the network to sell something to other people. Like, shopee, amazon, books, and momo. It’s a new type of business operation model. Consumer buys stuff on these websites. People don’t need to make a deal face to face. The company also use e-commerce to transfer their message or goods to another company. It can save time and papers.
In many cases, a great e-commerce base on its own products, a complete management team, good sales services, and secure design. For it’s important to protect your products and your company’ secrets. If there were a hacker who stole your information, your company would be a danger.
In the video, it mentions the bitcoin. I have no idea before I watch the video. Bitcoin is considered a virtual commodity but a currency in some countries. The use of Bitcoin is a digital signature through a private key, allowing people to pay directly to others without going through thirds parties such as banks.
Thanks, teacher gives us this video, I am looking forward to learning more information about e-commerce.
As the advance of technology, everyone can buy the things on the Internet. E-commerce becomes a trend to trade products nowadays. We can find some shopping platforms and apps on the Internet. We don’t need to go out. In addition, there are many payment methods that we can choose. We can go to the convenience store or pay the payment through the phone apps.
Recently, there are more and more people use the virtual currency to pay the payment. According to the video, the guest mentioned about Bitcoin that I am very interested in. Bitcoin is the most secure and robust cryptocurrency in the world, currently finding its way across the world of business and finance. I think it’s quite convenience that I can save money. It is like gold that many people buy the gold to wait for appreciation and then sell them. Bitcoin is safer that we aren’t worried about losing it. However, a lot of people use it to conduct illegal transactions nowadays. Many people think of bitcoin and associate it with dark nets. Because it’s robust cryptocurrency, it does not have to go through third-party financial institutions. It has become more and more widely used, and it has become a medium for illegal transactions.
Finally, I hope I can teacher will tell us more information about Bitcoin works in the class.
E-commerce is very important recently years, people can shop or trade on the Internet. In the past, I only heard the name of bitcoin. After watching the video, I learned more about the information about the bitcoin. Biction is blockchain payment system and virtual pricing tool, it use cryptography to control the production and transfer of money. The largest supply is 21 million coins, which are not controlled by any government or entity. The characteristic is bitcoin transactions are almost free of charge, it is available throughout the world, The most special is that bitcoin can ensure the biction ownership’s transactions anonymously. Even with bitcoin is a very convenient and advanced virtual currency, it may become mainstream in the future, its shortcomings should not be underestimated. When the value of this virtual coin is getting higher and higher, it is even taken by the people who are interested to do bad things. Because it is not regulated by the government, and there is no law can be managed, this is very dangerous for investors. In conclusion , security, anonymity, and value are issues of Common Concern for bitcoin Users, and we should make sure that our information is safe when we trade on the Internet. I think I realize more information about bitcoin and E-commerce now.
Nowadays, E-commerce is very important. We can buy or sell whatever you want in the internet. Even, we can buy the product without cash. How convenient it is! But it also has some negatives. Because we just use the internet to make a deal, we can’t sure the seller or buyer’s reality. We just through some comments or advices to justice, but we can’t make sure certainly. I think it still has some risks.
In the video, teacher talks about Bitcoin. Bitcoin is cryptovurrency, so it is circulated. Many regions and companies are accepted to make a deal by Bitcoin. Bitcoin relies on blockchain technology. Every transaction would through many certificates, so its process is safety. In addition, it can’t overdraft, traders wouldn’t encounter credit risks. And there is no trouble with counterfeit currency. That’s why Bitcoin is so popular.
In my opinion, it is pretty convenient, but to general people, it is not really easy to use. However, to the corporation, it may a good currency to use. Before I look for the information about Bitcoin, I didn’t know what it can do. Through the video, I start interesting to research Bitcoin. I hope I can learn it more on the lesson.
I learned some of E-commerce when I was a senior high school student,but I just know a little of it. In my opinion, I think E-commerce is a system all over the world. You can use some social media,such as Facebook,Instagram or other International communication applications to know about news or something you want to understand. And you don’t go to anywhere, we just have a smart phone,computer or notebook and so on. they can help ourselves to be more convenient.
You even can use your phone or computer to buy something and pay money by using Internet. Who can know that we can be connected and let people know the things around the world. Everybody is relying on the E-commerce now, so I can know why E-commerce is more important to people. Although it is handy, but it still have some dangerous. So maybe we have to be careful of Internet and avoid to be cheated or your personal capital is stolen by someone.
I learn more E-commerce in this video and I think I can learn more about it.
After watching the video about EC, I understand that using Internet to do business will become a trend in the future.
I haven’t got the chance to use Bitcoin to make money now, but I think in the future I will. And I do agree with the teacher said about “Making our smart phone to be an office.” Because not having a real shop can surely save a lot of money, and costumer can be from all around the world instead of in a small area like only for Taiwan etc. By doing this, everyone can be a shop owner. My sister is one of them, she opened a shop on TaoBao and selling clothes. She has no exact working hour, only when the order is being ordered, she only need to pack the goods and send the shipment. And Cashless Society is coming to every country, I went to China almost every summer, and last year, I started to use Alipay and Wechat pay to buy stuff in China, which is really convenient and quick, just scan QR code or bar code then you can pay the bill. Although doing business online is good in every aspects, once the hackers hacked into the server, every information about everything will immediately in great danger. So security is also an important issue that cannot be too important.
Also the teacher said that young generation will be important in the future is also a good point. Most of us have better instinct and we are more creative because the environment we lived in have more ways to access to the Internet and learn more. We are not restricted to learn everything we want to learn, which made us more open-minded. But one important point for our generation is to stay in a healthy mind and not addicted to the Internet. Anything can harm our body both physically and mentally as long as we use it too much.
In the video, I hear many things about e-commerce. In the past, when the Internet is not so developed, we often went out to buy things we need. But now, everyone likes to buy things on the virtual store, such as Shopee, Amazon, eBay, and so on.
Like myself, I like to watch clothes on Shopee in my free time, because sometimes I am a little lazy to go out, but I want to buy clothes, so I will find the clothes I like on the Internet. Also, the clothes in the virtual store are often cheaper than the clothes in the physical store. But, it still has some disadvantage. That is, you can not try on clothes, so sometimes you may buy the wrong size. Second, you can not know the material is good or bad, so sometimes you buy beautiful clothes, but maybe you only wear a few times, then you can not wear it anymore because its thread was easily pulled out. Finally, if you are a member of that virtual store, your personal data may possibly leak.
Although the Internet is very convenient, we still have to pay more attention to avoid some problems on the Internet. Still, the Internet has many spaces to improve.
In this modern generation, we all cannot leave without Internet. People do a lot of things with Internet, such as buying things, contacting with some long-lost friends, searching information; however, e-commerce is more and more popular.
Electronic commerce or e-commerce is a term for any type of business, or commercial transaction that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge.
E-commerce allows consumers to electronically exchange goods and services with no barriers of time or distance. Electronic commerce has expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate. In the near future the boundaries between “conventional” and “electronic” commerce will become increasingly blurred as more and more businesses move sections of their operations onto the Internet.
E-commerce has also helped businesses establish a wider market presence by providing cheaper and more efficient distribution channels for their products or services.
After watching the video part 1 from the guest. I heard of two things that pretty much interesting me. One is E-commerce the other is Bitcoins. When it comes to E-commerce, I think many of us have done these thing. The meaning of E-commerce is that when you want to buy or sell things, you can go online post your product to sell or search for the keyword for the products you want to buy. It is very convenient for us to buy or sell things by this way. Because you don’t have to go outside.The only thing you want to do is using the internet to go to the app or website such as Shopee, Momo, Taobao, Pc home and so on to buy or sell things. The other one,Bitcoins, is a system of peer-to-peer electronic cash.Maybe you will ask is it the same system as Alipay? Actually not. Because Alipay it needs the third party(like bank) to control your accounts but Bitcoins doesn’t need it. Just the seller and the buyer agree then your business is complete. Thanks for this class I could learn lots of things of E-commerce.
From this video, I learned something about E-commerce, which is an abbreviation for electronic commerce, is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business. The terms e-commerce and e-business are often used interchangeably. E-commerce is conducted using a variety of applications, such as email, online catalogs and shopping carts, EDI, the File Transfer Protocol, web services, and mobile devices. This includes business-to-business activities and outreach, such as using email for unsolicited ads, usually viewed as spam, to consumers and other business prospects, as well as sending out e-newsletters to subscribers and SMS texts to mobile devices. More companies now try to entice consumers directly online, using tools such as digital coupons, social media marketing and targeted advertisements.
The benefits of e-commerce include its around-the-clock availability, the speed of access, the wide availability of goods and services for the consumer, easy accessibility and international reach. Its perceived downsides include sometimes limited customer service, consumers not being able to see or touch a product prior to purchase and the wait time for product shipping.
Technology is getting more and more developing. We can buy almost everything we want on the Internet or even moving our fingers on the cellphone screen. Then we can choose to pay with cash or credit card. But now, there is a new way that make trading become conveniently. It is Bitcoin. In the video, the guest talk about Bitcoin. I have heard about Bitcoin, but I do not really realize it. So, after watching the video, I make some research on the Internet about Bitcoin. Bitcoin is one of the cryptocurrencies. It is not the official currency of any countries, but it trades around the world via the internet. A lot of companies recognize Bitcoin as one of the trading ways. Some of charities even accept Bitcoin as the donation.
In my opinion, trading with electronic wallet, cryptocurrency, or other advanced payment methods with technology will be a trend around this world. It is really convenient, but there are still many security problems and recognition issues of this kind of cryptocurrency even in now the developed world. I think we still need to use cryptocurrency more carefully because a lot of unscrupulous people who use it as a criminal tool. I hope that advanced technology will make the world become better.
With the advanced of the science and technology, e-commerce has become more popular than before. There are many types of e-commerce, such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Among all of them, we are more familiar about the internet marketing. As for the buyer, buyer can purchase thing on line now, they don’t need to go out shopping, they can shop on line. Like taobao, shopee, momo and pchome, they are famous platform. As for the seller, according to the video, everyone can be seller and every business is brain storming. You only need your cellphone, computer or lap top, you can be the boss, and there is no need to rent an office.
Before I watched this video, I have no idea what is bitcoin. I can’t understand very clear what the video talking about, so I do some research on the internet. To put it briefly, bitcoin is not real money, it’s a virtual currency. You can pay money to other people directly in a very safe way, and there is no need to go through a third pay mechanism. It’s more convenient than before.
Finally, I found that I have a little interest in e-commerce and bitcoin, wish I can learn more things about them in a simple way.
I heard a new thing in this video called bitcoin. I didn’t know what it is at the beginning, but I found that I have heard it before after I researched. Bitcoin is the first kind of cryptocurrency and its information cannot be counterfeit. As the progress of technology, it also drives the growth of virtual currency. I think although bitcoin brings us convenient, we still have to be careful when we engage in any transaction because each coin has two sides.
Additionally, I also heard if you are a smart guy in a poor country,you might do better than a stupid businessperson in a big city and I totally agree with that. In my opinion, the success of a person has little to do with where he lives but his attitude or thoughts. With e-commerce and Internet, you will have more opportunities to succeed even if you are in a bad condition.
In this generation, more and more people and companies go into business over the Internet. You can buy what you want in just a few minutes and there are many ways for you to pay and choose from. Moreover, the merchandises will also arrive directly at the convenient stores or your home. How convenient and fast it is! Finally, e-commerce is very convenient nowadays, but you should also be careful when you are on the Internet.
The first time I heard Bitcoin was learned from my dad’s mouth. At first I thought it was just something that didn’t exist. Until I entered college, I accidentally learned that Bitcoin exists in this world. I feel amazed. Since then I have tried to buy bitcoin but it is too expensive to buy. So I am going to give up. But at that time my boyfriend told me that I could buy other virtual currency. So I sign up for an account on a virtual currency trading website without hesitation, and went to buy a virtual currency which is called Ethereum. I was very excited and nervous because It is like a stock, it will go up or down at any time. But since I bought it, it took a nose dive. I am very disappointed. I think I am not suitable to be an investor. By the way, I think virtual currency is a modern money that it is a convenient tool to buy anything you want on the other country or Dark Web.
I think the advance of technology brings many chances to us, we can do many things through the internet. The idea of Bitcoin interests me, because it’s not convenient to go to bank; much less you need to wait a very long time. Nowadays, we live in a generation whose transaction is very frequent, we all buy things every day, and also you can see a lot of products around you. But, that’s too many! We don’t having so much time to go to check every store, so I think this is why online shopping is very popular. If you want to make money, you need to have something better than other stores, such as quality, discount, and which the guest mentioned in video: idea. If you have a great idea in your advertisement, song, design, or other else things, you can attract the buyer’s attentions, let them want to buy your products. I heard Bitcoin from TV News, but I don’t know how it’s going, due to this video, I have known what is Bitcoin and how its use from the internet, I think it has its convenience, but at the same time, I think maybe its security needs to be considered.
Shopping on the Internet is really getting more and more popular now. You just touch on the screen of the phone and you can buy whatever you want right away. After watching this video, the guest in the video mentioned about Bitcoin that I am interested in it. I don’t know how to use Bitcoin; thus, I went to search for information about Bitcoin. At first, I thought Bitcoin, a virtual coin, should be very unsafe and unreliable. However, it is so convenient. Though Bitcoin doesn’t have any physical existence, it is safer, faster and easier than traditional money with advantages for both consumers and business owners. This cryptocurrency doesn’t rely on governments or central banks but is instead managed ideally via a network called blockchain. The internet has been revolutionizing multiple areas of the economy and Bitcoin is the revolution in currency made possible by the fast-growing internet. Bitcoin is the digital currency which is created and held electronically and is the first successful digital coin that can be transferred over the web. Nowdays, customers and businesses are increasingly using it. Digital currency is traded to promote its development and influence. In this thriving and relatively new market, both sellers and buyers recognize the huge advantages Bitcoin offers.
After watching this video, I obtained some knowledge about E-commerce. Owing to advances in technology, E-commerce has become more and more popular. E-commerce refers to any form of business transaction conducted online. The most popular example of E-commerce is online shopping, which is defined as buying and selling of goods through the internet on any device. However, E-commerce can also entail other types of activities, such as online auctions, payment gateways, online ticketing, and internet banking. Compared to the olden days, it’s more convenient to buy things now. you just need to press your smartphone screen to order what you want, after few days, the commodity you have ordered will be delivered to your house or nearby convenient store. I often buy things through Shopee, it’s very convenient for me.
One of the E-commerce benefits is that it has a lower startup cost. Physical retail stores have to pay up to thousands of dollars to rent one of their store locations. Also, they have several upfront costs such as store signs, store design, buying inventory, sales equipment, and more. Physical retail stores also have to pay staff to work and run each location. They may also need to hire security staff depending on the product value in the store.
I learned more about E-commerce through this video. E-commerce become more and more popular recently. Because it is very convenient and easy to operate. There are many applications such us Shopee, Gomaji, Ruten and so on…… Most of those stores are selling clothes, phone cases, or even food coupons. We used to buy something in the stores. With the growth of the technology, we can also buy anything we want by online stores. I am a lazy girl so that I don’t always want to hang out with my friends to go shopping. I can not only search something I want but also pay money online through E-commerce. Although E-commerce is being used by many people, it also have some disadvantages. For example, your ID number would be stolen by hackers, they would use it to do something guilty. So remember that before you do anything, look carefully and think twice if the website seems to be suspicious. Because there are many websites which are pretended to be a official website. Actually, it was a fake website that wanted to steal your personal information.
Owing to new advances in technology, e-commerce have become more popular in this generation.
I have learned that when I was in senior high.It consists of five flows : business flow, Logistics, capital flow, information flow and service flow respectively. These five flows promote the online shopping , we don’t need to go outside to purchase something we need and just browse the shopping website to order something you want in anytime and anywhere. For instance, shopee , momo , book you life and so on . In the past , we only purchase the commodities in the store. But it’s not convenient to some people whose work is busy and it’s too late to shop on the physical store. Shopping online can save your time and you can buy the commodities much cheaper than buy from physical stores. But the disadvantage in online shopping is you can’t see the physical products so that you may purchase the terrible quality product when you receive it. Eventually.I think these two types of shopping mode all have their advantages and disadvantages,but I think we should geared toward the trend,it means : online shopping.We can surf on the Net and purchase products from all over the world,why we don’t take advantage of it?