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1041  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: April 26, 2023, 10:24:15 AM
-snip -
There's nothing that has pros without it cons, but we we compare the two together, we will discover that one is more weightier than the other and same goes to the bitcoin adoption in El-Savador, it has done them good than the disadvantages they may now think its showing up, the major idea has been felt which is the solution to financial crisis by giving us freedom away from centralized authorities.

The mass adoption of Bitcoin in El Salvador has had a significant positive impact on various sectors of the country. Indeed, we agree that some things are not as expected, but nothing is perfect, everything needs a process and in that process El Salvador has proven that the adoption of Bitcoin is not as bad as they imagined, and in fact it has a positive impact on El Salvador's economic development and tourism.
Indeed, all the positive things that happened in El Salvador were bound to happen, because the country of El Salvador dared to adopt bitcoin, it must have taken into account all the positive and negative things that would happen. Initially, the pros and cons will definitely occur, but that does not mean that such debates will end in the failure of bitcoin adoption. Even some time ago I saw a post on a website, and the contents of the post contained a miss univers originating from El Salvador wearing national clothes patterned or in the form of bitcoins. Miss Univers, who is from El Salvador, is named Alejandra Guajardo, she said the reason why she was wearing a bitcoin-themed costume, and she said.
Quote
"El Salvador became the first country in the world to use cryptocurrencies as an official currency in 2021. The evolution of the El Salvador currency system is a testimony to how the economy of the people of El Salvador has been transformed at every stage of history."
Source: https://wolipop.detik.com/foto-entertainment/d-6514026/7-potret-miss-el-salvador-viral-wear-kostum-bitcoin-di-miss-universe-2022/5

It is true what Miss Universal El Salvador said. That the country of El Salvador will become a testimony to the transformation of the money system, which one day will become an important example for many other countries.
1042  Bitcoin / Bitcoin Discussion / Re: Crypto (btc) is not for the weak on: April 26, 2023, 09:49:39 AM
I am of the opinion that in the world of investment (bitcoin/crypto), no one is weak, because I believe that people who dare to step into the realm of investment are strong and forward-thinking people in their lives. Want it from people who are mediocre financially, but that doesn't mean they will lose or lose their investment. If we think that if you invest you have to be rich first or you have to be a billionaire first, I think that kind of thinking is not right. Because basically investing is not only for the rich, but for everyone, who is able to join and dare to take all the risks.

Moreover, investing in bitcoin, I'm sure it will make it easier for investors who have not so large capital, even though the results obtained are not that large, at least our assets will increase little by little. So it's true, bitcoin is indeed the most popular asset, and can be reached by people who have not so much money.
And in investing, whether it's in bitcoin, real estate, gold, or other assets. We must know the risks that may have to be faced. Because if our thinking is not ready for something like that, we will tend to be less careful and reckless when investing.

Don't give up on investing, just because you are inferior to people who have bigger capital.
1043  Economy / Economics / Re: marry rich: marry fiat rich or crypto rich, which is better? on: April 25, 2023, 01:58:30 PM
In life you have to be rich of something, or nobody want to marry to you, and have build a family with you, you would be foreveralone, and the media would constantly mogging you over and over again for being foreveralone to remain you. And your mum would constantly tell you if you don't get married nobody would take care of you when your aged. Nobody would make a tomb for you, and when you died you would go to afterlife with empty stomach and would suffer straving too in the afterlife. That must be a lot of hurt! ouch!

So back to question. which is preferred? Married to fiat rich or crypto rich? Although crypto can be created at the comfort of your basement, also the value would plummet quickly to near zero too. Do you think in your life, you would ever see someone marry to crypto rich? btw recent news about ftx being rejected to sponsor a superstar due to it is unregistered tell me marry crypto rich might be a distance dream. Also there would be only 21m bitcoin existed, only 21m couples would be able to married rich. When there is billions of population, a lot of couples may not marry rich, due to unequal distribution, some of the crypto super rich would married hundreds of thousand more.
When you are about to get married, having fiat or crypto money (for example bitcoin), is actually all the same. Because all of them have the same goal in financial terms. Because basically everyone who has fiat or crypto money is sure to cover all the needs that exist in their life. Moreover, when you get married, you will definitely need a large amount of money, for the cost of renting a building and the like. But I think, if you want to get married and there is already a candidate, it's better to get married quickly. Don't wait for the economy to settle down first. Because the most important thing in marriage, is life after marriage. So if you don't have big enough capital, do it with a potluck party, as simple as possible and balance it with the money you have.

And your opinion about bitcoin, in my opinion, is not quite right. Because you think that bitcoin can only be owned by 21 million people. Even though with only 21 million bitcoins, bitcoin can be owned by people all over the world. It's not that bitcoin, which is only 21 million, can only be owned by 21 million people, such an opinion is inaccurate. Because now only people who own and invest in bitcoin, must be more than 21 million people. So you don't get the wrong idea about bitcoin.
1044  Bitcoin / Bitcoin Discussion / Re: What will you do with bitcoin? on: April 25, 2023, 01:25:34 PM
Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
It all depends on the situation and conditions that I experienced. If the situation allows, I will continue to hold bitcoin and will not sell it just yet. Because if the situation or condition that I experience in my life continues to be good, financially, opportunities and various other factors. I will not bother selling my valuable asset (bitcoin). But if the situation is the opposite of what I explained above, most likely I will definitely sell the bitcoins that I have, because if things are not good, especially financially. It is certain that investment will be the right solution to cover all these financial problems.
And in conclusion, I will not sell the bitcoins that I have when my economy is good. Because in my personal opinion, having an investment is useful when the economy is down or not good.
1045  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption growing stronger everyday on: April 25, 2023, 01:03:35 PM
In the future, almost all countries will adopt cashless transaction technology.  And it will reach all sectors in everyday life.  And with the technology brought by Bitcoin, this will make crypto currency experience good growth every year.  I think in the future there will be many crypto currency technologies that will be applied in every sector of life.  That's why I believe that Cryptocurrency is a great investment asset for the future.
Not only adopting cryptocurrency technology but most likely in the future we will see that all countries will also accept bitcoin, because the presence of bitcoin has really changed people's views about real financial freedom and the presence of bitcoin has also made it easier for its users when they want to transact, so far there have been a few obstacles to bitcoin adopters because several governments are still suing the existence of bitcoin and if later they don't ban bitcoin anymore then it is certain that mass adoption will occur in all countries.
It's no longer a secret, bitcoin has now become a very valuable asset for many people, there are even several countries that have officially legalized bitcoin as a legal means of payment, such as the country of El Salvador.
At the moment bitcoin continues to experience positive growth every year, it's not only a matter of price, but in terms of enthusiasts it also continues to experience growth.

Quote
Bitcoin is reaching a 60 percent annual growth rate in 2021 and the cryptocurrency market is predicted to grow by a compound annual growth rate of 56.4 percent from 2019 to 2025
Source: https://www.google.com/amp/s/www.liputan6.com/amp/5073660/studi-pengguna-kripto-global-sentuh-320-juta-asia-dan-afrika-memimpin

Seeing the development of bitcoin that is getting better every year, sooner or later bitcoin will definitely continue to spread throughout the world. Especially at this time, the world has entered modern times, which allows the use of digital assets to continue to grow and will continue to experience good growth. So it's true, now it's only a matter of time, until bitcoin spreads throughout the world, and becomes a valuable asset, or becomes legal tender in all countries. But all of that will definitely take quite a long time, because bitcoin too, can become as big as it is today, more or less it takes around 13-14 years. So it will definitely take quite a long time, until bitcoin is evenly distributed throughout the world.

And indeed the biggest obstacle to the adoption of bitcoin is the government, because currently the government in each country is still very strong in maintaining the rules regarding their respective fiat money, and is still reluctant to glance at bitcoin.
1046  Bitcoin / Bitcoin Discussion / Re: Little Bitcoin investment becoming something else on: April 25, 2023, 08:06:06 AM
Before going further i will appreciate if you read my previous post Stated " How I decided to buy some fractions of BTC after discussion with members". Since on February 2, 2023 I bought some fractions of bitcoin with just NGN33,000 then which was approximately 0.001848BTC in turns of NGN37,657 almost about NGN4,657 increase (profits) do you suggest I should hold or take profit?
Usually i don't know what the market may looks like in the next 1 months to come, I missed selling at $31k since I was thinking it will gets to 40k but the market keep scaring me and you know emotion is being attached to this so I have to run down here to seek the best opinion on what to do comparing my condition as young mother who needs money for my up keep, since i don't like bothering my husband for money so i believe i can make out something good from here.

Any suggestions given here will be quickly implemented because I know we have more bitcoin lords here.

If the problem is taking advantage, in my opinion it is very relative. Because every bitcoin investor has different intentions in carrying out their investment, but in essence all investors also want to make a profit. But in my opinion, there are two ways to get profit by investing in bitcoin. The first way is to invest in bitcoin for a short period of time. Usually bitcoin investors who do this method always sell their assets when there is a profit, even though the profit is not too big. Then the second way is to invest in bitcoin in the long term. Bitcoin investors who do this method usually sell their assets every four years, when the bitcoin halving occurs. Because usually when a halving occurs, there tends to be a sizable price increase. If you research the price history of bitcoin, you will surely come across cycles where bitcoin experienced large price increases. I personally even if there is no very urgent interest, I don't like selling bitcoins, even though there is a small profit. So basically I personally too, am investing in bitcoin for the long term, and looking forward to the halving to come.

And my advice to you. If you don't have a very urgent need, I would suggest that you invest in bitcoin for the long term. But if you have a very urgent need, you can sell your bitcoin assets whenever you want, the most important thing is that you sell them when you have a profit.
1047  Economy / Services / Re: [CFNP] Roobet.com Signature Campaign | Snoop Dogg x Roobet | Full Members+ on: April 25, 2023, 01:23:20 AM
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Bitcointalk profile address: https://bitcointalk.org/index.php?action=profile
Current number of posts: 377(including this one)
Segwit BTC address: bc1qanqjd2dttzz4ehmt5hcr25xw20g8xaztva6usm
Merit earned in 120 days: 52


Brother Hhampuz, thank you very much, because you have accepted me to join in this signature campaign. I will definitely do my best.
1048  Economy / Services / Re: [CFNP] [banned mixer] Bitcoin Mixer | Sig Campaign | Up to 0.0036 BTC/W on: April 25, 2023, 12:13:10 AM
I thank you very much, Mr. Icopres, for allowing me to join this signature mixtum in the past few weeks. And now I say goodbye to leave this signature. success is always for you brother Mr. icopress. I will never forget your kindness.
1049  Economy / Services / Re: [OPEN] Roobet.com Signature Campaign | Snoop Dogg x Roobet | Full Members+ on: April 24, 2023, 02:10:08 AM
Bitcointalk profile address: https://bitcointalk.org/index.php?action=profile
Current number of posts: 377(including this one)
Segwit BTC address: bc1qanqjd2dttzz4ehmt5hcr25xw20g8xaztva6usm
Merit earned in 120 days: 52
1050  Bitcoin / Bitcoin Discussion / Re: Bitcoin is going down day after day right now on: April 23, 2023, 02:00:01 PM
Why is BTC going down like it does the last days? Straight down.. Down around 10% (?)
From around 30K to around 27K.

Do you guys think it will turn the other way soon and go straight up again or will it keep going down?
I thinked this year would be a good BTC year and i still think it will be! But I did not see this coming to be honest.
If you invest in bitcoin, don't monitor or watch the market over a period of a day, week or month. But look at the bitcoin market over a year or so, by doing something like that you won't feel nervous anymore, because if you look at the bitcoin market over a year, you will see bitcoin movements that have cycles like today. If you are a long-term or short-term bitcoin investor, you should do a good overall research and analysis of bitcoin. So that you are not always anxious and worried when bitcoin is experiencing a decline. And I suggest this kind of thing because I also experienced very high anxiety when I first started investing in bitcoin, because the feeling of anxiety is very disturbing and if it is excessive it can cause a decrease in the body's immune system, then it can make you sick. Therefore you have to learn more and analyze the ins and outs of bitcoin.
1051  Bitcoin / Bitcoin Discussion / Re: Will Real Estate Crush Bitcoin Investment In 2023? on: April 23, 2023, 01:46:32 PM
~
This is not to discourage anyone from investing in the king of all coins 👉🏿 BITCOIN BTC

But since we are all trying to stay rich and protect the $$$ we work hard for, I think Real Estate is more reliable;

What are your thoughts?

Indeed, investing in real estate has very multi-purpose advantages, because real estate takes the form of buildings, properties and land. But that doesn't mean that investing in bitcoin is wrong, because in my opinion bitcoin has much better potential and is no less good than investing in real estate. besides, real estate and bitcoin cannot be equated, because in terms of usability they are very much different. Bitcoin is a decentralized digital asset, while real estate is an investment asset in the form of land, property and buildings. Therefore, bitcoin and real estate cannot be equated.

And everyone must have different interests about the assets they will buy when they want to invest. Whether it's bitcoin, real estate, gold or stocks. In my opinion everything is also good, even though there is nothing bad about all of these assets. Because all assets also have negative and positive points, advantages and disadvantages, so there is no need to debate. Because it's just a matter of interest and belief about what assets to buy.
1052  Economy / Economics / Re: Living ones life on assumption and promises on: April 23, 2023, 01:23:23 PM
Living on assumption and promises is more like spending money you haven't received. People can make promises but how sure are you that the promise will be fulfilled.
I agree with your opinion, it is true that we as humans must be able to walk on reality, not on false promises and uncertainty. Hoping for a promise, is indeed very confusing, sometimes the promise is actually fulfilled, but sometimes, the promise lies and is not kept. So all this stuff about promises is very confusing, makes the mind and heart to be confused. But what is certain, we as human beings with common sense, we should be able to choose more, between people who can be trusted and who cannot be trusted. Because if you keep repeating mistakes like you experienced, things like that will cause something negative and disappointing. And don't forget! we ourselves must always keep the promises we have made, so that we can be trusted by others, and are not called people who like to lie.
1053  Economy / Economics / Re: Living ones life on assumption and promises on: April 23, 2023, 01:21:42 PM
I agree with your opinion, it is true that we as humans must be able to walk on reality, not on false promises and uncertainty. Hoping for a promise, is indeed very confusing, sometimes the promise is actually fulfilled, but sometimes, the promise lies and is not kept. So all this stuff about promises is very confusing, makes the mind and heart to be confused. But what is certain, we as human beings with common sense, we should be able to choose more, between people who can be trusted and who cannot be trusted. Because if you keep repeating mistakes like you experienced, things like that will cause something negative and disappointing. And don't forget! we ourselves must always keep the promises we have made, so that we can be trusted by others, and are not called people who like to lie.
1054  Economy / Economics / Re: Does People Really Care About Decentralization? on: April 23, 2023, 01:03:14 PM
It is undeniable that more people prefer to use centralized services. Because of all that, maybe because the services provided on platforms or in any field are indeed very good. That way many people become accustomed to using the service. Regarding anonymity, I think people don't really care about this, because maybe it's caused by the habits and experiences they've been through during their lifetime, most of them are used to life with an open identity. So more people are choosing openness than anonymity.

as well as accounts on existing social media such as on Facebook, Twitter, Instagram, and tiktok. Most of these people are all open in identity. So now everyone is used to being open in identity.

And why are so many people currently choosing centralized services, that's probably because the first service or platform that comes to the top has a centralized system, so people will automatically join in.
1055  Other / Beginners & Help / Re: Having bitcoin gives confidence on: April 23, 2023, 10:16:13 AM
When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong,  I don't really know if anyone else feel the same way?
You are not the only one who has such thoughts about bitcoin. Moreover, people who have been involved in crypto investment for a long time, surely everyone will agree, bitcoin is the safest crypto asset. So it's true, if you want to invest in crypto, bitcoin is the most appropriate to buy. The system is decentralized, making bitcoin safer, because no one has a special hold on bitcoin, because the special holders are the people who invest in it. So don't be afraid that bitcoin will be manipulated, because it is us who move the market, as investors.

In contrast to other crypto assets, other crypto assets can be manipulated by the people who created them, one of which is by taking their liquidity, and making the price of the crypto go down and it is difficult to go up again. Therefore, crypto (altcoin) which is not bitcoin is something that is dangerous to be used as an investment tool. Indeed, sometimes there are very crazy increases in altcoins, but it's all just to attract customers, so they buy and invest in these altcoins.
1056  Economy / Economics / Re: Maybe Not Possible For Governments To Get Off Fiat?? on: April 23, 2023, 08:32:50 AM
.
Would this be a case of intimidation from more dominate countries that is preventing other governments from wanting to change the financial system?

Thoughts?

for a country to carry out such changes, it will definitely be difficult, because it will definitely cause debate from various parties. But if any country dares to do such an act, and its calculations are ripe, perhaps its actions can be calculated. But it is indeed quite difficult, when talking about replacing a country's world currency reserves, it will definitely be difficult. Because it is certain that a country that dominates its currency, as the world's currency reserve, will definitely not remain silent. So a country that is going to make major changes in terms of currency, which is related to world currency reserves, must certainly be prepared for the risks it has to face.
1057  Bitcoin / Bitcoin Discussion / Re: Keep hodling your Bitcoin on: April 23, 2023, 08:08:08 AM
Most recent posts on this forum such as
https://bitcointalk.org/index.php?topic=5449800.0
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price  keep holding your Bitcoin .It will definitely boom soon
You are right, many people are wondering about the current state of the bitcoin price, it seems that many bitcoin investors are confused about the current situation and circumstances. But with so many bitcoin investors asking questions about prices and so on, this indicates that bitcoin is always taken into account and always exists in the investment sector.

And actually, for bitcoin investors, don't worry too much about bitcoin prices, which are always going up and down like recently, because there have always been cycles, where bitcoin always goes up and down quickly like that. So there is no need to worry too much, things like that will damage the mind and will reduce focus when doing analysis.

And in essence, we as bitcoin investors must be more calm when faced with a situation like today, because I'm sure bitcoin will continue to increase. Because the bitcoin halving is coming soon, around 2024-2025, so you have to stay calm, patient and focused.
1058  Bitcoin / Bitcoin Discussion / Re: If bitcoin was to be physical product? on: April 23, 2023, 03:52:22 AM
People love privacy in business and bitcoin is one profound individuals investment business with the public necessary sees your progress. Physical business attracts enemies, hatred, criminals, stress and energy, even witchcrafts (enemies of progress). But bitcoin is cool private investment nobody knows what's going on, on your devices only you. That in many ways bitcoin is more advantageous to other business investments with lots of benefits, this is more reason why it should be encourage to be accepted as a global digital assets. Would you have involved if bitcoin is a physical product?
Bitcoin is indeed an incredibly good asset, all crypto investors know that. I'm sure almost all the members in this forum really admire the quality that bitcoin has, including me too. Bitcoin is indeed superior in terms of maintaining privacy, good potential in the future, and its market price is always stable.

But that doesn't mean that other businesses that exist today are not good or unsafe. any business always has advantages in their respective fields, we must think realistically. Don't think there is no good business besides investing in bitcoin, if you think like that, it means you have never experienced business in other fields. because right now, I'm investing in bitcoin, while running a business even though it's still not big. And from my personal experience, I can conclude, that if you want to do business in any field, there will definitely be advantages and disadvantages.

For privacy matters, not only in business,
Even outside of business, when it comes to privacy, everyone also wants their privacy to be very well maintained, so when it comes to privacy, I don't think it lies in a job or business, but it has become a natural human trait.

And if bitcoin exists in physical form, and still remains decentralized, I will still invest in bitcoin.
1059  Other / Beginners & Help / Re: do not exceed your targets on: April 23, 2023, 02:31:03 AM
Having a definite target, all bitcoin investors really need, in the initial plan when they want to invest. And all of these plans or targets must be considered carefully from the start, don't set targets at random. Just like investing in bitcoin, it would be nice, before investing, we have to research and estimate how much price capacity bitcoin can achieve at this time. After finishing all that research, then determine the target price you want.

you are right about greed, greed in investing must be avoided, because it will be very dangerous to indulge in greed. because not a few people, who were going to get profits, but instead get losses, and it's all because of a great sense of greed. So it's true, in any case in this world, greed will lead to destruction.

And me personally, investing in bitcoin, my personal target is the upcoming bitcoin halving. Because from the start I had planned to invest for the long term, if I sold it continuously at this time, I was afraid I would get addicted and in the end I didn't feel that I had few bitcoin assets and my original plan changed. But if you invest in the short term, actually it doesn't matter, the most important thing is that there are still profits that you can still get. But my advice, it would be better for you to invest in bitcoin for the long term.
1060  Other / Beginners & Help / Re: Sometimes a good explanation is all it takes. on: April 23, 2023, 12:01:56 AM
After the FTX fraud spreads to every corner in my country my friends are saying crypto is the biggest scam of all, they said one day everything will reveal, this is coming from those that shows no interest in crypto at all even when I tried to confuse them but I did something right.
Indeed, at this time crypto is still very foreign to the ears of many people, in every country it may have the same thing in common. With the lack of knowledge about crypto in the community, when there is negative news that comes to their ears, surely that news will become a strong grip for them, about their point of view on crypto. Just like your friends, they seem to already know and have heard of crypto, but they didn't research the crypto in depth, and finally when the news of the FTX scam came out, they immediately convicted that all crypto is a path for fraud.

So in essence, don't listen too much to the words of people like your friend, let them say anything about crypto, because that is freedom of opinion and rights. It's also okay to give them input, because giving enlightenment is not a bad thing, but if I was in your position, I usually ignore opinions like that, because in my personal opinion, not everyone has to like crypto, if they like crypto, then they are in line with us, but if they don't like crypto, that's okay, it doesn't hurt me either.
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