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1001  Economy / Exchanges / Re: Paxful is Coming Back but... on: May 08, 2023, 10:08:08 PM
I've never used Paxful and certainly wouldn't use it now. Personally, I wouldn't trust any platform that shut down its operations and restarted them after a period of time for whatever reason, even if it didn't scam its users in the process. The tweets sound like an internal dispute between two of the founding staff members of the company, which is making both look bad. Even though I wouldn't use such a service after going through all this trouble, it's easy to suppose that his tweets are a mere and desperate attempt to hurt the company in which he was involved. I'd also dare to suppose that he could have also been fired, and he's spitting out venom to cause issues.
1002  Bitcoin / Electrum / Re: What best to do after importing seed to new wallet on new computer? on: May 08, 2023, 09:23:20 PM
Deleting the wallet file from your older computer doesn't guarantee that the file is 100% unrecoverable. You can either remove and keep the HDD aside, supposing you're planning to get rid of that computer, or attempt to overwrite it using software specified for this operation. I know a couple but don't remember them right now; a quick Google search would be enough. Unless you prefer to create a new wallet and move all your funds there. However, I don't see the point in doing that since you mentioned in your previous post that you've already bought a Trezor device. Move your coins there and you'll be good to go, if the high fees are concerning you right now, lower them and in the worst case scenario, you'll have to wait a few more hours.
1003  Economy / Economics / Re: U.S dollar almost equal to Euro on: May 07, 2023, 05:45:52 PM
Truth is USD has gained value over most currencies in the past year and at its peak the exchange rate from USD to EUR was about 0.99 and USD had gained about 14% over the euro in the past year alone. So in a way holding USD was an "investment" if you held it and traded some of your USD into EUR like I did but this is only useful if you have EURO bank account and plan on using that money.

You should really check the dates of the OP in a topic before replying, maybe things have changed dramatically from when this topic was opened.
The dollar has lost ground against the Euro in the last year, so in a yoy period the euro is 6.25% against the usd!



So next time, put more effort into double-checking what you post, rather than making sure how much mandatory text you post!

But this topic is quite nice, after pages of enthusiasm about the Euro dying, now that is back at the same value, the panic is gone, and the EU is not freezing or crumbling the whole topic has gone empty. And there were so many marvelous predictions here about how it will become useless...
Indeed, looking back a few pages, you can see that there were quite a few replies claiming that the euro could possibly be coming to an end with an even larger drop. In the end, nothing happened, and the euro has recovered to almost pre-Covid levels. One euro is currently worth 1.12 USD. It's still far from what it used to be, but it's certainly a huge improvement from what it was a few months ago.

Although this is an interesting topic, I keep seeing new replies coming in that are completely irrelevant and not up to date with what's happening; thus, I might as well resort to locking this topic if it continues like this.
1004  Economy / Economics / Re: Would you consider moving abroad? on: May 07, 2023, 04:19:15 PM
You're right. In my country, there is a saying: "Do not confuse tourism with emigration."  Everything that we see is beautiful in other countries, and thinking that the standard of living there is better than in our country is actually a big delusion. My brother immigrated to the USA. Everything was in my native country: friends, home, relatives, and work. Now living in New York, he only has a job and a family that he sees only on weekends. He works like a slave in the galleys, from morning to evening.
I don't want this kind of life. Even with the opportunity to go to my brother, I am not ready to devote my life to work and turn into a slave.
I live by the principle: "Where I was born, there I am useful." Nothing can be better than your homeland, where even the walls of your home help.
Certainly, there's a huge difference between going in a country for holidays and becoming a permanent resident. A few days aren't enough to have a complete understanding about the country's situation, while as a tourist, you mostly visit the touristy places and avoid the negative aspects.
The main point is acceptance of foreigners with a degree obtained from universities in my country. It is not easy for me to move to another country expecting to be accepted to the same level of qualification standards with the degree i am holding in US or Canada even if language is not a barrier.

In my country majority move to Europe, Canada, Australia and US for higher education looking to settle and earn a living and for anyone who is doing their higher education here usually move to GCC countries looking for a job but the overall job market globally is not that great and the price for basic things are on the rise.
I wouldn't move to the USA for a variety of reasons, with one of the most important one being the excessive living costs that would require me to have saved up in order to get started. On top of that, Europe is much more accessible and university degrees are generally accepted from other European countries.
How much does tradesman earn in Greece? I bet they earn more than 90% of people who have got college degree. We have to understand that world changes, there are a lot of people with university degrees but there are rarely any jobs available for them. We need more tradesmen, that's why you see plumber earning tons of money today than the person who has got masters degree.

Actually, if you are in IT, you can pretty much work anywhere with just English. You can also live and work without knowing much German in Germany but definitely you need to know it at at least A2 or B1 level. It's not hard to get settled in Germany, you can't imagine how huge is demand on workers in some companies, for example, DHL even offers apartment and car to workers from EU countries because they can't really find workers because it's not comfortable job.
Sometimes I regret going for Economics rather than becoming a tradesman, such as an electrician, bodywork repair etc, because a good number of them are capable of earning much more than the average person with an academic degree.

I have a degree in economics, not sure how and where I could possibly work online, but I'm really fond of statistics, thus I may follow a few more certifications there and pursue something relevant.
1005  Bitcoin / Bitcoin Discussion / Re: Investing in Bitcoin in Student Life on: May 07, 2023, 12:43:33 PM
1. Where are you going to sell your bitcoins, if it is illegal in your country.
2. How do you declare the proceeds of your trades for tax purposes?
1. Bitcoin is illegal in my country but exchange like kucoin Binance is available. P2p trading can be done through kucoin or Binance. I can sell bitcoins by p2p trading.
2. Bitcoin is illegal in my country so we don't have to pay exta tax
I don't want to disappoint you, but that seems to be the least of your worries right now. First of all, congratulations on studying under these harsh conditions. Education is something that will follow you for the rest of your life and may possibly stop this vicious cycle you're in. However, the 1000 BDT you're saving per month are hardly worth $10, meaning that you can hardly afford to save $100 per year, which won't get you any farther regarding Bitcoin and investments in general. With that being said, I believe that it's best to focus on your studies, yourself, and your family and leave investing aside, at least for a while.

Don't stop learning about cryptocurrencies; browse the forum, try to be productive, and aim to rank up. If your posts are worth reading, you may land a signature or bounty campaign from which you could possibly earn some Bitcoin or tokens.
1006  Economy / Economics / Re: Would you consider moving abroad? on: May 07, 2023, 09:20:46 AM
Abroad is generally more opportunities for everything, education, employment in all aspects. Leave the country and go abroad because they leave their place and go abroad to live a little better. Due to lack of employment in our country, lack of facilities like abroad, low salary etc. Also nowadays higher education abroad does not cost much more than the domestic cost. If you think about it, it is rare then it seems more to many the cost of studying abroad depends on the country university and subject.
I think the OP here did not emphasize the point of going out for studies. He emphasized on employment. As such, it is good to go abroad. The OP is thinking that everything is rising up especially for leading good life due to inflation in his area. In this case there is a big gap between income and expenditure. If he goes abroad, he will earn more money and have a better life. I would say if he gets a chance to go abroad he can take this opportunity. If you want to live a better life, there is no alternative to moving to a better country.
Correct, I'm mainly focusing on employment rather than education because the latter is supposed to be temporary. Inflation is a global thing, however, in some countries it's worse than others.
With the way things are going now, technology seems to be the future so getting education and not knowing about technology is incomplete, make sure you know a lot about science and technology so that you can be easily secure a job no matter where you are in the world.

You don't have to move out of your country to another country to get a good job around I find it very hard to leave my country and move to another because I am hearing a lot from people that are living outside the Country about the situation of the place, so I prefer to stay where I am much more comfortable. my advice is if you're not enjoying the way you are leaving because of your job try to learn something new, you can still make it where ever you are.
Indeed, Covid-19 really sped up the process to digitalise everything, including the workplace. Unfortunately, not all positions can be conducted without physical attendance, which is a huge limiting factor. I'm not sure how an economics position could be conducted solely online.
If you are born poor then there is nothing you can do but rely on the paycheck-to-paycheck situation until you have earned enough to establish your personal business or investments.  
It's not about being poor, life is supposed to be more than surviving from paycheck to paycheck. Someone who's living on just the basics doesn't have the capability to invest money if he isn't capable of escaping this vicious cycle of barely surviving.
1007  Economy / Economics / Re: Would you consider moving abroad? on: May 06, 2023, 06:59:10 PM
I once discussed with my partner about moving abroad, but he disagreed with that and said he didn't want to be away from his parents, especially now that my mother-in-law only lives alone.
based on the conclusions of my post, actually, I really wanted to move to other countries and change the fate of my family, but after being tied to marriage, it was impossible.
That would be the least of my worries, to be honest. I already lived six years away from my parents and only visited on Christmas and Easter vacations. I'm quite introverted and am used to being alone with my partner.
I believe, it can be tough decision to leave behind , family, friends, relatives and familiar surroundings for the sake of better job opportunities. Adapting to new culture, learning new language and adjusting with new environment, are definitely  challenging tasks thaose require careful evaluation before taking a final decision.
I would suggest you to explore online opportunities, such as free lancer writing, web design, virtual assistance and many mores. You can do these jobs from your home and manage your time as per your workload.
It's certainly a tough decision to make, that needs a lot to consider. It's not easy being in a foreign country all by yourself, without any acquaintances or anyone to assist you in your new life.
Likely this is not an option for me, since travelling abroad is for work in this context, it will still ball down to you tieing your time down to a regular work schedule.

Travelling abroad for work seems to be a good option for those who already made up their mind to work 9-5 all the days of their life and are ready to align themselves to that way of life having just a few days of vacation within a year, it makes no sense.

Yes, I think it will be better for me to build the necessary skills that will make me marketable in the online market since the goal is to have financial sufficiency, the world is now a global village and remote work seems to be the other of the day, so aside being a graduate one also need that technicality and skills to be employable in the digital market.

Bitcoin and cryptocurrencies coupled with blockchain technology have made cross-border payment easy and privacy-conscious this is why location doesn't matter much in digital jobs.
I agree that developing the necessary skills that are in increased demand right now would be my first priority before considering moving abroad. Working online seems like a perfect opportunity, depending on your country of residence. I have an acquaintance of mine who works online at an IT company in Germany; he's being paid way less than he would be paid in Germany, but his salary is at least three times the average wage in Greece.

From my point of view, this scenario is the best of both worlds.
1008  Economy / Economics / Would you consider moving abroad? on: May 06, 2023, 03:36:33 PM
The job market has become extremely competitive in the past few years, while the increasing cost of living and low wages are forcing people to move abroad for a chance at a better future. Personally, I believe the economic conditions in Greece have been deteriorating; groceries, rent, and fuel have skyrocketed while the available income keeps shrinking. People with degrees are struggling to find jobs in their field that pay above the minimum wage and offer benefits such as paid vacation and humane working conditions.

Moving abroad isn't an easy decision; there are several factors to take into account, with the most important one being the language barrier. I only speak English; moving anywhere apart from the USA and UK would be a huge challenge because I'd have to learn a new language from scratch. Moreover, you'd have to take into account the increasing living costs of Germany compared to Greece, which means that you must have saved enough money until you manage to get settled in one place.

I'm really in a dilemma about what would be best for me. I'll be out in the job market in a few months after I finish with my mandatory military enlistment, and I'm unsure of what challenges and opportunities I'm going to face. I don't want to spend my life living from paycheck to paycheck. It's a good thing that I also have Bitcoin; otherwise, I'd be doomed. There's still something to believe in.

So far, in my opinion, the best option for work seems to be online, especially if it has flexible hours and a working schedule. You can work from wherever and whenever you want, provided you get the job done. Digital nomads have been increasing over the past few years, and it seems like a perfect opportunity that provides work-life balance. I believe that it's something that would suit my personal needs. I want to travel and explore as many destinations as possible, so working a regular 9-5 job with 20 vacation days per year isn't going to cut it.

So yes, would you consider moving abroad for a better future? Would you try to find a way to stay in your country, either through online work or by accessing all possible opportunities?
1009  Bitcoin / Bitcoin Discussion / Re: If you had a time traveling machine, then? on: May 06, 2023, 12:32:13 PM
You need to realize that if it wasn’t for those selling Bitcoin at such a low price then Bitcoin might of not had the same success as it did.

Looking back the Pizza was a bad deal however it wasn’t the point. It basically proved that Bitcoin has a purpose and can be used to pay for transactions. And after that it become more and more popular. And shortly after it was used to trade goods and services.


Unfortunately, we all probably have similar deals to the pizza one. I had purchased a Minecraft account for the equivalent of $1,500 by today's standards. I don't blame myself for spending that money back then; I couldn't have known, while the most I had acquired in Bitcoin was 0.40 BTC and was spent immoderately.

Supposing I had the opportunity to go back in time, I would go back to 2018's market crash, keep myself composed, and not give up on Bitcoin. There were an abundance of things that I could have done differently, that would have changed the course of my lifetime. That was my biggest mistake—not that I hadn't bought from 2014; I didn't have the means to do so, had no card, and was under 18.
1010  Economy / Economics / Re: Wind Power Has A Profitability Problem on: May 05, 2023, 05:20:37 PM
All "renewable energy" has a profitability problem. The pitch the elites gave us was that we must pay higher prices for energy in order to save the planet while they were allowed to emit more pollution than some small countries.

Against the backdrop of growing economic problems in the United States, this green environmental movement is becoming more and more like a large-scale scam to develop budget funds for an initially economically unviable idea.

I've seen this complacency happen before. People become so comfortable with the state of affairs they actively seek matters to complain about for the sake of activism. Climate change activism is a career for some people. Greta Thunberg has the climate change grift down to a science so much so the UN asked her to give a speech.
It's funny and ironic that citizens are supposed to pay the price for pretty much everything regarding the environment, whether it is a green tax on single-use plastics, car emissions, or electricity. I'm all in to preserving the environment, but I'm also careful myself and try not to waste resources or be ignorant and throw trash around.

I always recycle, try not to use my car as often, and walk around, whenever possible. However, everything that is environmentally friendly is expensive, from disposable bags to paper straws to other kinds of packaging that isn't plastic. Why must these eco-friendly products be more expensive than the regular ones? Why am I supposed to pay the incentive of being thoughtful about the environment when large corporations are doing what they please, not caring at all, when they're the ones creating the issue in the first place?
1011  Economy / Trading Discussion / Re: Can Bitcoin trading be my sole source of income? on: May 05, 2023, 04:09:07 PM
As a young person, I am overwhelmed by my curiosity in trading Bitcoin, but I'm not sure if it is appropriate for me to resign my white collar work and return to trading exclusively Bitcoin.

This was a conversation a buddy of mine and I had yesterday, and I felt compelled to bring it to this illustrious platform for the best types of advice and counsel.

Is it safe for a Bitcoin trader to quit their jobs and focus solely on Bitcoin trading if they can devote their time and attention to maximize the benefits in the Bitcoin world?

It is certainly possible, to make a living from trading but only you can give the correct answer to this question. Everything, exclusively everything depends on you. How skilled you are, how disciplined you will be and how dedicated you will be to the whole job.

Judging by what and how you write, I would rather say that you are a beginner than an experienced trader. In that case, you certainly cannot rely only on income from the trade, because there are no guarantees and you have a long learning way ahead of you. The moment you are ready to be independent and rely only on your trading skills, trust me you will not need this kind of advice from anyone.
I couldn't have said it better myself. Trading is indeed a great way to make money; it has immense capabilities, and the opportunities are endless. However, you don't sound like an experienced user, and even someone advanced should under no circumstances depend solely on trading or even cryptocurrencies in general as their source of income. This rule applies to pretty much everything; you should never put all your eggs in one basket because it increases the risk of getting screwed over.

I'm not claiming that trading isn't worth it; it is if you know what you're doing. However, it should be something to be considered extra and not a main source of income. You should always have at least one steady stream before doing anything.
1012  Economy / Economics / Re: Shrinkflation on: May 04, 2023, 07:16:54 PM
Quote
Shrinkflation is practice of reducing the size of a product while maintaining its sticker price.

I hate it when companies reduce quantity (and often quality too) of product to sell it at same price as before to combat inflation. Oh and don't forget those, "30% Extra" labels.

Inflation makes everything rise, so might as well keep the original quantity and just increase the price.

Do you agree? How would you combat inflation if you were running a company?

Does it ever matter? Inflation is inflation. It doesn't matter if the quality/quantity gets reduced or the prices go up.
You are terribly wrong about something.
The business owners/managers cannot "combat inflation". Only the governments and the central banks can fight inflation by interest rate hikes, higher taxes and cutting government expenses. 99% of the time, inflation is created by the governments and the central banks, which is a part of the absurd reality we live in. All the companies in the private sector can only adapt to the situation(by cutting costs and increasing the prices).
The issue is that companies are taking advantage of the current situation with inflation by further increasing their prices and/or reducing their quantities in an attempt to additionally increase their profits in the name of global inflation. Businesses and companies may not be able to battle inflation, but they can certainly worsen an already awful situation. Supermarket chains here are breaking records in profits in a period that's supposed to be characterized as worrisome and underwhelming. It's a complicated matter; on the one hand, governments are allowing them to constantly increase prices since there's little to no monitoring, while on the other hand, companies are part of the inflation issue due to their greediness to increase their massive profits.

The shrinkage of packaging is a common practice that has become excessively prevalent in the past few years in an attempt to trick consumers into thinking that prices have remained the same. I used to work at a supermarket, and a wide variety of products had been shrunken, such as yogurts, butter, and bread.
1013  Other / Meta / Re: Can one use UI to correct grammatical errors? on: May 04, 2023, 05:19:19 PM
It seems a little impractical to me, if I'm honest. There are simpler ways to correct grammatical errors through a variety of extensions, such as Grammarly or LanguageTool; I use the latter one. Although I'm quite proficient in English, these tools are extremely helpful to correct some of the small errors you might miss, massively improving your writing. Personally, I occasionally also use Quilbot for large amounts of text; it's basically an AI grammar checker that specializes in correcting grammar while also offering some other services that I haven't used (paraphraser, summarizer, and a few others). It's a lot more efficient and quicker than what you're doing.
1014  Economy / Exchanges / Re: Bitcoin network fee´s insanly high at the moment! on: May 04, 2023, 03:40:18 PM
I haven't moved Bitcoin for quite a long time, so I'm not aware of the current situation,but I suffered from expensive fees a few years ago. I understand that it's frustrating, but it may happen if the network is congested. If you're not in a hurry, I'd suggest you try again later and lower the priority by decreasing the satoshi per byte. You'll wait a few more hours, but you'll pay a significantly lower fee, and in the worst-case scenario, you can speed up the process by bumping up the fees. I always used a lower priority and paid 1/4th of what I'd have to pay initially.
1015  Bitcoin / Bitcoin Discussion / Re: HODLing Bitcoin isn't merely an "investment" on: May 03, 2023, 06:10:09 PM
I saw a post made by someone in which he told his story about his investment in Bitcoin and how it helped him go through the financially challenging times that the COVID-19 pandemic brought. A good, heart-warming  story by a fellow Bitcoiner, BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.

It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.

 Cool
How can HODLing/owning BTC weaken existing political strongholds? Could you explain? You touch on an interesting topic and it would be nice if you develop it better.

More useful can be from the use of bitcoin, which is, in fact, the first cypherpunks and conceived. After all, they conceived it as a digital means of payment, and not a means for investment. Their protest was to switch to an alternative currency from the traditional monetary system. So it turns out that the more people will use BTC, the stronger this revolutionary movement will be and the more the very strongholds of which you speak will be weakened.
I also don't understand how Bitcoin is perceived as a political movement that breaks down governments, as the OP is claiming. I recognize that governments certainly aren't fond of cryptocurrencies for obvious reasons (money laundering, tax evasion, privacy, no control over them, some of which are also extremely common with fiat currencies, but that's another story), although that doesn't cancel their investment nature. You may not consider holding as an active investment, but it's practically no different than buying an asset such as gold; you don't have to actively trade to be considered an investment.
1016  Alternate cryptocurrencies / Altcoin Discussion / Re: Embrace yourselves for what's coming on: May 03, 2023, 03:29:17 PM
A gas fee of 3$ on Eth network today can cost you 100$ in a bull market, crypto gurus please confirm this for me.

My strategy is to buy some Ethereum for gas purposes today, and for the sake of tomorrow, if you are a big bag holder of projects ruining on Ethereum network this is a gem strategy.

I have bought 50$ of ETH today for transaction fees only.
I'd say you're not entirely correct.

It's true during bull market you will spend more money to pay the transactions fee, but you should calculate it through the coin equivalent, not the USD value.

Right now $3 is worth of 0.00053 ETH when ETH price is currently $1,872/each. But during bull market $100 in ETH might worth of 0.005 ETH, which technically it's just $10 today.

This is the Ethereum average transactions fee, there's sudden peak on early 2022 where the fees is $191 https://blockchair.com/ethereum/charts/average-transaction-fee-usd
The OP might be exaggerating a bit, but I also believe that we'll see a great surge in transaction fees during the bull market. If you remember, a year or two ago—I can't exactly specify how long ago it was—gas fees were extremely expensive, and there were an abundance of threads in regard to that matter. Personally, I always used the Binance Smart Chain (BSC) and never paid any excessive fees when staking. However, I also saw a noticeable increase during the bull market for even simple transactions such as approving BUSD or USDT in order to add liquidity, not to mention the actual deposit and withdrawal fees for adding liquidity and removing liquidity.
1017  Economy / Trading Discussion / Re: Trading Losses Equal Operational Costs on: May 03, 2023, 05:29:49 AM
We can not control the market but if we look at fundamentals of Bitcoin and believe in it, we can simply buy bitcoin and hold it. With holding strategy, we don't have to beat the market or control it. Let the market does it works and we only hold our bitcoins till a year we plan to take profit. What year should be in our plan?

It should be the halving year or a year after the halving year. Best is only sell our bitcoin after two halving cycles.

It only makes sense if we are disciplined with a good plan. If we are disciplined with a bad plan on a shit coin, we will get bigger losses, not bigger profit.

Choose a good coin (should be bitcoin), have a good plan, and be disciplined with the plan.
The OP is talking about losses in trading, but you're mentioning that holding provides peace of mind because you're taking into account Bitcoin fundamentals and the upcoming halving, which is wrong. There's no guarantee that Bitcoin's value will rise then because the financial situation may not allow it to flourish. Statistical data shows that it's likely but not guaranteed. On top of that, traders are a different kind of breed; your mentioning holding in this case is completely irrelevant.

OP, trading is stressful and nerve-racking; I've done it before, and I completely understand your frustration. Losses are a part of the game; you can't always win, and eventually you'll suffer too. Have a stop-loss strategy and understand when you have to stop and take a loss or profit.
1018  Other / Beginners & Help / Re: Darknet hackers are selling crypto accounts for as low as $30 a pop on: May 02, 2023, 07:59:45 PM
I was thinking who are the people that will buy these accounts? Only what that comes to my mind is that the scammers will be the people that will like to buy such accounts. I am also thinking that it can be beyond only hacked accounts because it is possible for people's KYC to be breached and stolen from exchanges and the platforms that the exchanges are giving the KYC.

Darknet hackers are selling crypto accounts for as low as $30 a pop

Do not think everything you see on the web is true. Some people are using bought verified account. But I am thinking what will be the legit reason to be using a bought account?

First of all buying hacked account is useless because even if the hacker can provide the login credentials on an exchange account you still can't login without authorisation link which will be sent to the email you used for registration and this security feature is called login shield which prevents logging in from new device until we give authorisation.

There can be no other reason than scamming others using the account or possibly to launder the money but doing it is highly risky cause you can't deposit fiat to most exchange from third party accounts so you can use it for crypto to crypto conversion only.
You are right, I believe that binance exchange have compulsory at least one verification for each account on their exchange before users can be able to withdraw their funds, so I don't understand what OP is talking here unless this is an old trick.

Some exchange users are stupid, that even if any exchange don't care about verification before withdrawing they will continue to use their accounts without setting some extra security because of hackers, but today almost all crypto exchanges have compulsory additional security for the user.
I've accessed the darknet markets in the past and have seen credit card and account sales; however, I'm not quite sure how legit these sales are; it's the darknet after all.

Binance has second-factor authentication, either through a mobile phone or email; Kraken does too. I've used both and always had to go through 2FA. How would someone take advantage of such accounts when they're going to ask for further verification for every single process you do, especially if it's regarding a withdrawal or changing your withdrawal address and personal details? I highly believe that a large number of these sales are a scam to attempt to trick people who think they can basically purchase money with money.
1019  Bitcoin / Bitcoin Discussion / Re: Do you remember this episode of Simpsons? on: May 01, 2023, 04:35:56 PM
That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?  
That is just a joke from The Simpsons series to show how absurdly profitable and valuable Bitcoin can be. It's illogical and abstract to think Bitcoin will have an infinite price futurely, like it would be regards any other asset or currency.

And actually Bitcoin has already gone beyond dollar's value, since 1BTC worths 28,188$ on the currently quotation. Cheesy
It's funny that people are using The Simpsons in an attempt to predict the future, not only for Bitcoin; this cartoon has been used for pretty much everything. The Simpsons was always a sarcastic cartoon covering controversial subjects in a subtle way, but in no way could it have predicted anything. In this case, the infinite loop is probably referring to its price, which has no specific boundaries and doesn't have a ceiling, as it could range anywhere from $100 to $200,000 or even more; there's no limit.

I think it's best to lay back and enjoy the journey; we have plenty of years ahead and a possible bright future. For us, trying to find a possible meaning in pretty much everything in an attempt to come up with our own predictions doesn't help at all.
1020  Economy / Scam Accusations / Re: Beware of such ads on Instagram & Facebook! on: April 30, 2023, 06:39:36 PM
I haven't seen many cryptocurrency-related scam advertisements on Facebook, to be honest. I'm not sure if it's a coincidence, regulations that block them, or user reports, but I've seen an abundance of so-called entrepreneurs and Ponzi schemes. I can't comprehend that someone could fall for such a scam, while at the same time I'm wondering what this Telegram bot could possibly do to trick you into installing some unknown software—how and why on earth would someone do that? Even a cryptocurrency newbie wouldn't fall for that, unless they're also targeting naive people who have no relation to cryptocurrencies, tricking them into thinking that it's something that is possible.
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