Bitcoin Forum
June 16, 2024, 06:26:11 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 [54] 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 ... 218 »
1061  Economy / Economics / Re: Ditch the Dollar on: March 31, 2023, 12:12:02 PM
Recently, some countries began to use their local currencies in trade with each other. It is true that there was no trade union between these countries, but these movements began to increase.
Is it the beginning of some kind of cold war led by China? The primary purpose of these bilateral trades isn't only to cut costs in my opinion, and China probably is doing its best to lessen the dominance of the US dollar over the world economy by initiating these trades with different nations, they know that other countries will follow suit knowing they can do it to reduce costs and to become a bit more independent when it comes to using a currency for international trade.

I wonder how will things be if USD isn't the leading currency of the world and isn't used for the pricing of almost everything that you see or buy locally or internationally either through the internet or in real life.
1062  Economy / Speculation / Re: Is ageing and old people part of bitcoin? on: March 31, 2023, 09:15:08 AM
There is no age limit for investing in bitcoins. But in my opinion, investing in bitcoin can be high risk for parents, especially those aged 70 and over because parents generally have a forgetful nature in managing their finances. Moreover, the price of Bitcoin can change drastically in a short time, which can result in big losses if not managed properly.

In addition, older people may also be more vulnerable to bitcoin-related fraud and cybercrime. There are also technological risks such as losing access to digital accounts and wallets which can lead to lost investments. Back to the point above, the elderly tend to forget easily.
Well, you are probably right that people from higher age groups tend to forget things very easily which can sometimes be troublesome if they are investing in Bitcoin, especially if they are doing it for a short or mid term. Those who wish to invest for the long-term, wouldn't really have much issues if they simply store them in a hardware wallet and keep the private keys somewhere safe, and also tell someone else about them.

If they don't tell anyone about them, and if something unfortunate happens, the Bitcoins will be lost forever. If they write it down in their will, that will also be a good way to transfer their investment to their children or grandchildren.
1063  Economy / Speculation / Re: Just how bad is the bear demand right now on: March 30, 2023, 07:01:19 PM
Bear markets combine bad and good.  A bear market encouraged us to buy some altcoins.There are many investors who panic when they see the market in the red.  They make the market conditions even more alarming.As a result the market situation looks stable for several months. We actually forget that the bear market is one of the opportunities for us to get some good benefits.Smart people never panic when they see a bear market, they buy and hold more coins to earn more profit.
The ones who make the market conditions worse are called panic sellers, and they are the ones who can never in their lives earn any profit from crypto unless or until they learn to have patience and control over their emotions. By the way, why does a bear market encourage anyone to buy altcoins? Bitcoins are also cheap in a bear market, and you can't get anything better than cheap Bitcoins, can you?

Just buy when the sats are cheap and hold for as long as you can and you should be good. Diversification is a good thing too in a bear market since you never know which token shoots through the roof when the bull market hits.
1064  Other / Beginners & Help / Re: Fellow Beginners Should Know This on: March 30, 2023, 06:38:59 PM
Thank you for reminding me of what you wrote, and telling me things I didn't know yet.
you are still a beginner but it seems that you have learned a lot about bitcoin and crypto, to be honest what I am most reluctant and embarrassed about is asking the seniors at bitcointalk, I am afraid that my post will be considered spam and I am afraid that I will be ignored.
No post is considered spam or ignored unless it is actually spam, which means it has already been posted and if it's a question, already answered. You can find out about that with a simple forum search from the home page of the forum (so that the search function searches the whole forum for the keyword provided). If you find out that the question or concern you haven't already been discussed, go ahead and ask/post it, and it will receive the necessary responses.

To OP, as mentioned by many, a very vital thing that you forgot to mention which newbies commit most of the time and I've caught a lot of them doing it myself, that is plagiarism. Never copy-paste things, unless you are using them as a reference and mentioning the source.
1065  Bitcoin / Bitcoin Discussion / Re: Can you think second if crypto without internets? Impossible right. on: March 30, 2023, 05:12:23 AM
There is some concept created years ago that allows the sending of Bitcoin offline and there's also an altcoin created that allow spending of cryptocurrency through text message but the concept never pushed through maybe lack of fund or the crypto community being more into the online aspect than offline because most users never join the conversation.
I don't really understand how a concept can work for sending or receiving Bitcoins offline while the blockchain network is totally online and cannot be used without internet access. Even the text message method doesn't sound realistic to me. How come to a text message that is sent over a mobile network can reach the blockchain and make a transaction from it?

The concepts most probably didn't work or succeed and that's why they were never announced or used publicly or they could at least get some popularity if they were viable solutions. Cryptocurrencies simply cannot work without the internet because they are digital, simple as that.
1066  Other / Beginners & Help / Re: 7 Rules for Writing a Good Post Title on: March 29, 2023, 03:50:49 PM
If someone knows the content of the post then the title of the post will come to you. But before posting on any topic, you must know about it well and post it. And always make sure that the information you share in the post is truthful and informative. So that others can benefit from your post.

But one more thing is that posting should not be rushed. posting should take time. If you post on time, the content of the post will be well observed in front of you and the quality of the post will be good.
That doesn't always happen that the title of the post comes to them, because I've seen a lot of times where people have totally different content within the post while the title is referring to something totally different, and that becomes misleading. It is not always too easy to come up with a perfect title and some people lack these skills.

One needs to work on their writing and understanding abilities in order to come up with perfect titles for posts and threads so that their title can match the content of their post. It is not easy but it is something that one can learn over time.
1067  Economy / Exchanges / Re: Let's not be too judgemental about CZ (Binance) on: March 29, 2023, 11:28:45 AM

Yep, this news is circulating everywhere on telegram right now. Im getting spammed. Well, I dont clearly get the meaning of "sued" here. Does this mean cz going to jail or something ? I hope not.

Cz just tweeted "4" 15mins ago. Another mystery. My heads gonna burst lol.
Edit:
Well 4 means this I guess

FUD does not mean that the story is not real. It is merely panic-induced behavior by investors and traders. I had many news like this at the beginning of the market that went nowhere, later it looked like a strategy to dump and some whales accumulated at cheap prices.  So much of it is now going through the same regulatory agencies in the United States, like the Securities and Exchange Commission. The US government has benefited from the space so much.
It also doesn't mean that the story is real, I mean we can clearly see that there are a lot of FUDs and attacks happening on Binance lately, and there's no surprise after the crash of FTX, Binance was probably the next target, now we can't really be sure if who is the one targeting it, whether it's FTX behind the scenes, the large authorities or someone unknown.

We can't really be sure if all these stories are true and aren't simply a part of a master plan to take Binance down. I don't think that it can be a coincidence that every couple of days, new bad news comes out about Binance.
1068  Bitcoin / Bitcoin Discussion / Re: Evidence that I actually invested for my baby on: March 29, 2023, 08:18:38 AM
Few days a go, I made a thread on the topic "early bitcoin investment for my baby" I got some comments saying I should show evidence showing I actually invested the money.

Here is the evidence: https://imgur.com/a/3Xr9pJq

I invested the $50 and even more from my little savings and from what I got from what well wishers gave to my baby.
I will be putting money in the wallet from time to time too.
I don't really think this was necessary at all. In a public socializing platform, if you post something, people will comment on all sorts of things but that doesn't mean you should take all of them seriously and act according to them, you should only do what you think is necessary. Let people say whatever they want to say, you should only focus on what you are doing if you think you are doing it correctly.

Your investments whether they are for your own self or for someone from your family, are your private matters and aren't to be shared publicly even if you are asked to do so. It was your own decision, and you don't need to prove anything to anyone.
1069  Economy / Scam Accusations / Re: fellas be careful from this kind of scams! - READ on: March 28, 2023, 09:06:31 PM
Isn't this kind of scam existed for years now?  This is not a new way of scamming,   many people fell to this kind of scam since years ago, they are just creating new strategy to make people take the bait and connect their wallets to the scam site. 

So we should always stay vigilant and be wary of possible scams when some unknown site prompts us to connect our wallet.  Unless the site is reputable and existed and well used by other people, I do not think we should put our trust easily.
I don't really think that this kind of scams existed for years since wallet connecting feature hasn't really been around for very long, and it is a relatively new technology that came to being after the introduction of decentralized platforms. Scammers are smart, and they use methods that are popular and used by a large quantity of people from everywhere.

They chose to use a decentralized platform technique this time to scam newbies by making them believe that they can get a lot of money by gambling on their platform or by playing some games available on their platform, but none of it is true and all they need is a wallet getting connected and that's it.
1070  Economy / Speculation / Re: Are We Going To See $30,000 Price Before the End of This week on: March 28, 2023, 07:19:54 AM
3 days ago I was optimistic that the price this weekend will reach $ 30k, unfortunately there was another correction and now the price of bitcoin has fallen by 2% to $ 27k, but we must be optimistic that an increase of 10% per day is easy, and if today it can go up 10% or more then $30k will be reached.
Everything depends on the demand for the coin. If people keeps on buying the coin like they are doing for the past 2 weeks, then definitely the price will surpass 30k usd easily. But if they take some rest and the demand decreases then I fear that 30k milestone will be again haunted next month. Still bitcoins have shown great efforts and positive hopes. So let’s see how the week and the months end. I am assuming at least 29k usd will be definitely reached. Still let’s hope for the best.
For it to go to or above $30k, it will need to first cross $29k which has become the newest resistance after $25k. It has gone near it a couple of times but hasn't yet been successful in going above it. It might be because of the less buying pressure after it reached $28k because people mostly like to buy it lower and stop buying when it is going up.

Considering that, I don't feel like it will cross $30k before the end of this month, because it has already started dropping below a little bit from $28k, and it will probably go around $26k before rallying up again.
1071  Economy / Economics / Re: Is risky to invest this period on: March 27, 2023, 06:19:58 PM
Bitcoin investment is good for long term.  We might get profit for a short period of time but it is nothing compared to long-term investment plan.  Since Bitcoin is cyclical and the current market situation is favorable for DCA or buying Bitcoin, then I believe, it is less risky to invest now than waiting for the market price to surge before buying. 

If ever you have plan, just make sure that you set your investment to long term and make a target of selling it either on the year after the halving or more. because Bitcoin price tends to skyrocket a year after the halving event.
People tend to ignore the fact that they can buy Bitcoin in portions and with any amount that they can afford to spend on it. And they also ignore the fact that the price of Bitcoin will eventually be higher than where it is today one day in the future for sure. So even if it drops back, it will at least go higher than where it is right now for once even if it doesn't stay up for very long.

So it's probably the best decision to do DCA whenever you feel that the price is good for buying more. Remember, you are never late if you are investing in Bitcoin, as it has the ability to surprise you in the future.
1072  Economy / Economics / Re: Could Bitcoin one day become the global reserve currency? on: March 27, 2023, 05:36:28 PM
A reserve currency doesn't have to have government endorsement. USD is the current reserve currency -- and the U.S. has plenty of adversaries that forcefully hold the currency for the sake of participating in the global economy. China, Russia, etc. would love nothing more than to not rely on the United States currency system in order to trade which is why USD is being dumped out of currency reserves at record rates due to high inflation and overzealous sanctions. It's within the interest of countries to adopt a decentralized asset that isn't prone to the typical political manipulation that USD is subject to.

Gold solves the issue but for logistical reasons, it isn't feasible to conduct bilateral transactions through gold. Crypto fits the bill quite well.
Even if crypto fits the bill very well as per the criteria mentioned, what about volatility? Don't you think that could be an issue for countries that would show interest in using it as their reserve currency and using it as payment for global trades? What would happen if the price falls significantly just like it did in the past? How would the countries behave in a situation like that?

I believe this is one of the reasons why Bitcoin will probably fail as a reserve currency unless every country accepts the fact that they will face a loss of monetary value every time the price falls.
1073  Economy / Service Discussion / Re: Which is the best platform to get clients as a web designer? on: March 27, 2023, 06:10:40 AM
I would suggest you go offline and speak directly with business owners. The face-to-face contact matters a lot.
How can you find clients offline when most businesses today that are looking for a web designer can easily be found on the web. It's true that F2F contract do really count and it matters a lot but with today's phasing and digital age, it's easier to find clients that are on this specific niche online. When you go offline and try to look for them personally, you'll walk and go through each establishment to ask them if they need a web designer? I don't think that's a good strategy and you'll be exerting a lot of effort from it and that's why it's better to use the resources that you've got and be online and look for them at many job marketplaces which both of you can meet online and have conferences and sign contracts online.
Well, sometimes it does work when you walk up to a software house or a company and drop your CV letting them know that you are looking for a job and what position you are willing to work in, but as you said, it's not really required since almost all the companies even the smallest ones are available online or at least have their social media handles where they can be reached out.

I believe having interviews on-site is much better than having them online if you are interviewing for a job within the same city that you're living in because you may face problems in online interviews sometimes with an internet connection or any other issue can disturb your interview and you may lose the opportunity.
1074  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you love and enjoy taking risk? on: March 26, 2023, 09:40:01 PM
You have made a fundamental mistake in this market, your case is contradictory when last month you saw a better opportunity with altcoins than btc.
The fact that many people come to the market but only follow the advice of friends and relatives without studying what they are doing with the market, it is risky to hold money to invest like that. And I think you need to stay calm to reassess your current loss and see a new plan to fix this.
Personally, I have always prioritized BTC in the crypto market and only allocate a small amount of capital to top altcoins when the market is down, and will DCA them with money from main outside work. And when the market rallies I look at altcoins with ongoing trends.
The reason why investing in altcoins is that you never know what the outcome will be. If you do your research and analyze a project before making an investment, that might make your investment less risky but even after that, it will still be a risk. Those who don't do any research and analysis before investing in altcoins will probably face the consequences.

As you said, the best way is simply to choose Bitcoin as the main asset for investment and then spread the remaining capital among the top and trusted altcoins out there, like ETH, BNB, LTC, and many more.
1075  Bitcoin / Bitcoin Discussion / Re: How many BTC needed for retirement in 10 years? on: March 26, 2023, 08:55:48 PM
I don't really rely on bitcoins for my retirement because we never know what will happen to bitcoins in the future, all I do is try to keep collecting bitcoins as long as possible.
and if the future or the next 10 years bitcoin will be very expensive that's very good, and even though the future prospects of bitcoin will be bright but we have to think otherwise.
so the intent and purpose is only to collect as many bitcoins as possible for business capital, buying property or other things that can make money or add value and do it in stages when I get big profits from bitcoin. But that doesn't mean I don't continue to invest, as long as bitcoin is profitable I will continue to do it with other business goals.
The ultimate goal is to have enough savings for the future, now whether you plan to achieve that by saving up and holding Bitcoins or by investing your earned capital into other businesses to achieve your goal. Some people prefer the first option where they only accumulate and hold Bitcoins and other assets, while some like it more when the money is invested in real-world businesses like real estate, etc.

If I talk about my choice, I prefer both. I believe I should have some of my money in Bitcoin while part of it should be invested in real estate, maybe gold too, and any other business that I find profitable around where I live. That way, I will be profiting from Bitcoin in the long run if the price increases significantly, and I'll also have other sources if it doesn't go very well.
1076  Economy / Economics / Re: Is the government can really make a way to end poverty or it depends on us? on: March 25, 2023, 06:46:23 AM
The paradox is that governments only exist when there are poor people. If everyone in society were equal, the main incentive for subjugation would disappear. Yes, governments may claim to be fighting poverty, but they do not go further than that.
Governments are there more than just helping the poor but they can also bring peace when there are wars. When I say war, it can also be a miss-understanding of one or two people in our locality. There are small government establishments placed on our localities to solved these mini-conflicts. Government may help to solve the poverty but we shouldn't totally rely on them.

There are things that will also depend on the people in order to make the action more effective. Unfortunately, not all governments are like this but there are corrupt governments who can only think about themselves but I think the people on these countries can still do something to improve their lives.
1077  Economy / Gambling / Re: How succesful will AI projects be to win the house? on: March 23, 2023, 01:12:29 PM
Don't forget this is a computer designed by humans and can be manipulated or defeated by same knowledge of humans that are in charge of these casinos. There's no assurance depending on AI for better and bigger win as the chances are still slim and predominantly based on luck just like with human ability only been used.
Well, though you are partly right that the models are created by humans and can also be defeated by humans, it's basically not a fight between an AI model and humans, but it is more like humans vs humans because those that will defeat the models will be facing the model's abilities that are actually being utilized by another human behind the model.

So this war basically is between humans where one will try to utilize the abilities of an invention while the other will try to beat it with luck and the advantage it has over it that's the house edge every casino has.
1078  Economy / Speculation / Re: Price is looking positive green on: March 23, 2023, 11:41:55 AM
Back over months is reddish, I could hardly think about bitcoin as anything good soon but it seem like there will be positive green movement this mid of the year coming. Bitcoin can never be overrated sometimes it will destroys your feelings, sometimes it will bring excited, dudes, is been a while we reap the juicy part of bitcoin. 3 days now is looking greenish with improvement I hope the pump starts soon enough, this green looks real positive
The messing up of some of the banks including Silicon Valley Bank and some others has actually proved to be a good thing for Bitcoin and cryptocurrencies in general. As soon as the banks started shaking, the price of Bitcoin started going up and crossed $28k by now and we are expecting the bullish trend to continue from here and at least cross $30k.

It has been almost a year since we have seen Bitcoin at the price where it is right now, and it surely is a great feeling it gives you positive vibes thinking that Bitcoin might cross its all-time high within this year.
1079  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it risky to invest in new crypto coins/tokens on: March 23, 2023, 11:09:19 AM
Yes, it is very risky to invest in new crypto coins. I found one new crypto coin some time ago, my current profit is 60% per month, but exchange to BTC and stable altcoins is limited to ~75$ monthly. PM, if you have interest, will send the link.
Lol, in one sentence you are saying that it is risky to invest in new cryptocurrencies, and in the second sentence you contradict your own sentence by suggesting a Ponzi scheme that pays 60% per month which is a probable scam and extreme risk. I think there are only two ways that I can think of why you are doing this.

You are either the creator of that Ponzi scheme project and looking for investors because you are in desperate need of money, or you are too naïve and actually joined such a project at someone else's suggestion or using their referral link. If it's the first case, this is definitely not going to work here, and if it's the second case, I would suggest you stop using that service immediately and withdraw your funds if you can which I don't think will be an option for you anymore.
1080  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: March 22, 2023, 09:02:49 PM
A target of 270 runs cannot be called a big target. Rohit Sharma returned to the dressing room with 30 runs off 17 balls. There was no need for such hard-hitting at the beginning of the innings. Had he batted responsibly, India would have been able to win. India lost their first wicket by 65 runs. There was a big enough partnership. They lost the second wicket for 77 runs and lost the third wicket for 146 runs. And soon after that the Indian batsmen lost the truck. And the Australian bowlers took control of the match. India would have been in control of the match if the top-order players batted with some patience.
I agree with this 270 while you are playing at home with pitch is also not bad at all mean things looking for better end from India but if veteran Rohit Sharma is still had no mind set how to chase like this then you can't expect better things from other players he needs to understand every time going with aggressive way is not favorable from this match hopefully now they will be checked their mistakes and try to fix this all before world cup because now they have no enough time to do more experiments.

Start was good but as India lost first few wickets then suddenly things gone out of their hands and Australia done good comeback in leadership of Steven Smith which is good as captain and have good record in past as well SKY complete his hat-trick of golden ducks in ODI which is also another achievement for this number 1 ranked player in T20I.
Pages: « 1 ... 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 [54] 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 ... 218 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!