Bitcoin Forum
July 01, 2024, 10:57:21 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 99 100 101 102 103 104 105 ... 220 »
1081  Economy / Trading Discussion / Re: Crypto Exchanges with trading apps for PC (Windows, macOS, Linux)? on: April 08, 2023, 09:53:04 AM
Apart from Binance, does anybody know any other crypto exchange with a good trading app/terminal specifically for a computer and not mobile phones?
Why aren't crypto exchanges not taking any initiatives to develop trading terminals for PC despite thriving in a billion-dollar industry?

I know there are web versions, but I believe apps are the in thing when it comes to any major platform.
There is probably not enough demand within the general public or normal traders for having desktop applications since most of the traders either use mobile applications or the web version which works fine for any exchange when you are using a PC or a laptop, I myself have never had any wish for an exchange that I use to have a desktop application.

Even if they go for it, it will be an extra burden for the management considering the constant updates and maintenance that the application would require and there can also be other vulnerabilities that are not there in a web version like malware, etc.
1082  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DOGE surges as Twitter change its website icon to Doge on: April 07, 2023, 06:01:23 PM
This is insanity.
Why in the world would any serious businessman would do this? It seems that at this point Twitter is just a toy for Elon Musk to mess with rather than a way for him to made money off. It is not even April 1th anymore.
It is a private company owned by Elon Musk and he shelled out $44 billion and if he wants to change the logo, so be it and it is a kind of promotion for the cryptocurrency market as well as people who are not even in this space will try to learn about the change in logo which is an advertisement which is unprecedented.
Not really sure if that can serve as a promotion for cryptocurrency since it is only a logo and a person who isn't in cryptocurrency in general wouldn't really know that the logo represents a cryptocurrency, unless they have so much extra time to open Google and do some research of their own about it only to find out what the change is about.

Elon Musk really surprises the world at times, and this is a classic example of that. We thought it might be for a few hours and will be removed after that, but as I can see, it's still there, so I wonder what his motive is behind this.
1083  Economy / Service Discussion / Re: I think it's time to leave Binance, any alternatives? on: April 06, 2023, 04:03:30 PM
You could try HotBit or KuCoin, which are less stringent in KYC than Binance. And I see that the two exchanges also have almost the same features as Binance so maybe you just need to get used to it for a while.

But if you want Coinbase to trade, you can choose that too. But whatever you choose, it's a good idea to compare all the exchanges you know to know the advantages and disadvantages of each.
What makes you think that if the largest exchange in the world can be targeted and can be vulnerable to FUDs and allegations, what would save these smaller exchanges from having the same faith in the long run? I think they will target all the cryptocurrency exchanges one by one, as the primary goal of the central authorities is to have no cryptocurrencies at all.

Their motive is to only have CBDCs be functional and used by the citizens and no cryptocurrencies are used by any, and the reason for that is obvious, they want control over the financial activities of their citizens and cannot bear not having that control at all.
1084  Other / Off-topic / Re: Prepare for the life when you get old on: April 06, 2023, 02:29:03 PM
I think it is important to remember that not having any money is not a shameful thing, and it happens to so many people in the world. Of course we should try to be richer, but at the same time we should look for peace in our life as well. Can I get richer? Can I be so much richer in 10 years that I would be going to New York and Paris and Milan for summer shopping?

I can, I really can, or at least I can try to, I can have a goal to do that. How? Simply just gather all my friends, and apply to all types of banks all together, and sell all the assets we have, buy a plot of land in a good place, build an apartment with 20-40 houses, sell them each, and be rich, and do this some more times and you are rich. Why not do it?

Because, a million things would go wrong and make us upset and have a worse life, richer but more angry and less happy. Sometimes money and lack of it, is not the end of the world.
Not having money might not be a shameful thing but considering the economic crisis that we usually get into and the high rate of inflation, it almost gets impossible to survive without having enough money, and if we are talking about the preparations for the future or after retirement, it obviously isn't a good thing if you have nothing by that time.

It won't be your prime time and you cannot just do whatever you want at that age, so you need to do whatever is required to have a better future in present, and the goal should be to accumulate enough wealth to spend a peaceful life later on while you are still in good shape and health.
1085  Economy / Economics / Re: Crypto Clients getting turned down by United Kingdom Banks | PM on other quest on: April 06, 2023, 11:49:41 AM
Prime minister Sunak led the country to the UK, and his dream to make the UK a Crypto Hub is breaking apart considering the main system is ignoring the whole concept of what the PM stated in the first place.

With the recent news, UK banks are not accepting any Crypto-associated users and companies to open their bank accounts with them, banks are also freezing the accounts of current users/companies, and those who have accounts already approved, are asking for more and more documentation.

In short, they do not want anyone to operate crypto-related accounts.
Banks are afraid of cryptocurrencies and it is not a new thing for us to know, no matter which country it is, the banks will never happily accept users who are in any way involved in cryptocurrencies because banks and cryptocurrencies are basically rivals, and how can rivals operate within the same model or allow its rival to invade its territory?

I'm not sure whether the banks are answerable to the Prime Minister or not, but if they are, then there might be changes occurring later on since the PM has a different point of view on cryptocurrencies.
1086  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DOGE surges as Twitter change its website icon to Doge on: April 05, 2023, 08:44:02 PM


While it still applied, you can directly visit https://twitter.com/ to see it. Or if it already changed, here is the archive: https://archive.is/flHAn

As per CoinGecko, it is up almost 20%, in the meantime. Upon checking further, I can not find any news regarding it. Does anyone know the reason behind it? Does Elon just playing around?

Or is it has something to do with the matter of Elon's lawsuit in regard to market manipulation with Dogecoin?
He has also posted a meme about it here: https://twitter.com/elonmusk/status/1642962756906418176

And by the time I'm writing this, the logo is still there and hasn't been changed, I wonder what is his motive behind this. If it's about the lawsuit, I don't think that this is going to help him in any way, and if he is just trolling the authorities then this can get dirty I believe unless he can use his money power to turn things around if that works.

However, whatever the reason is behind this, the people who might have bought and stored doge must be enjoy these times as their tokens have gained a significant value in these couple of days.
1087  Economy / Gambling discussion / Re: Best time to gamble on: April 05, 2023, 07:23:02 PM
I hardly think that has got anything to do with good gambling. People keep gambling all day long if they have funds in their accounts. I am surprised as to why the timing could be a crucial factor in winning the games that we play on online casinos. At the same time, it confuses me with one major factor, online casinos = global players. This means at any given time there is a morning person, there is an afternoon person and there is a night person who is gambling. Virtually speaking, you got company in an online casino all the time. Moreover, if you think that having a specific time to gamble can do anything good for the games, then it seems far fetched and unreal statement. There are also algorithms working all the time. If the house is losing more than it is not supposed to, then it could become a serious problem for their revenue. You win what you win, you lose what you lose, and time plays no role in it.
Maybe time doesn't matter as you said, but your feelings, emotions, and overall mood surely matters as that can have either a good or a bad effect on your gambling based on how you are feeling at the time. If you are feeling fresh, in a good mood, and positive, your game session will most likely be better than when you are angry, sad, disturbed or aren't in a fresh mood or in good health.

So the time of the day for gambling obviously depends on an individual's personal choice and preference, but these things must be kept in mind before gambling. If you don't care and gamble when you are angry or anxious, you are most likely to lose all your capital in no time.
1088  Bitcoin / Bitcoin Discussion / Re: Attempting to help some underprivileged through Bitcoin on: April 05, 2023, 05:08:06 PM
you can help as much as you can according to your ability. And if you give your opinion then all our help can be pooled in one place and many families can be helped from there.

 I just shared my thoughts with you. If you think my idea is right then we can move forward.
Your idea is a very good one and your heart must be really pure to think this way for the underprivileged if all this is true and isn't a scam, I say this because we have seen this happening, and it isn't blaming you personally. I really appreciate your thoughts and concerns and I wish that you succeed in this virtuous venture.

By the way, as asked by others as well, how do you plan to do this? Let's suppose there are a bunch of people who want to donate to the cause, but they also want to have some surety that their money is being spent for what they are given. What is the plan for that? And, donations can be accepted in any currency, not only Bitcoin, after all, you will convert them to fiat to help those people.
1089  Other / Beginners & Help / Re: People mindset in Bitcoin on: April 05, 2023, 04:21:45 PM
For a person to invest in bitcoin, that person needs to have a backup plan for their financial situation. In my opinion, bitcoin is not a quick way to get rich, as some people think.

Because of this, you must acquire funds to invest in bitcoin. Otherwise, you risk losing your money if you sell it due to financial difficulties and expect the money you invested in bitcoin to return in a short period of time.

The investors in bitcoin in the past are the ones we believe gained money quickly, but given how the bitcoin market is now operating, we don't think anyone can get wealthy more quickly through bitcoin investment. If bitcoin were a quick method to get wealthy, some people would already be wealthy, since I believe there are some forum members who invested roughly a year or two ago but haven't yet made enough money to cover their initial investment in order to turn a profit.
It's good that you understand things pretty well. Bitcoin is definitely not a get-rich-quick scheme, and as you said, a person should never have the money invested in Bitcoin that they might need in the near future because you never know how long it may take for your investment to turn profitable, that's why it's recommended to only invest the money that you have in spare.

Those who have got rich from Bitcoin are probably those who got access to Bitcoin in its early days and accumulated and stored a lot of it when it was too cheap, and now when its value is too high, their Bitcoins have turned them millionaires probably, if not, they probably have enough money to be called rich.
1090  Economy / Speculation / Re: Do you consider Bitcoin the best asset in the world? on: April 04, 2023, 09:14:31 PM
Why not, now more and more of the world's top companies are investing in bitcoin, the support of several exchanges such as crypto.com makes bitcoin more valuable and respected, almost every week I see UFC and crypto.com become official sponsors for almost 3 years.
The companies that are investing in Bitcoin or the exchanges that are supporting it are all doing it for their own benefits and not to make Bitcoin stronger or the best asset in the world, I don't say that Bitcoin isn't the best, it surely is, especially among all other cryptocurrencies, but when it comes to the safety of your investment, Bitcoin also has its risks.

There are other commodities or investment options out there that would keep your investment increasing over time without a decrease in its value, but Bitcoin is a volatile asset, and the value of your investment can change at any time from plus to minus and vice versa.
1091  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: April 04, 2023, 05:49:50 AM
All of us really want freedom, like a work from home setup where we are not drowning in tasks and things to do so that you can play with your family or just chill, but the sad truth is that it isn't that way. Yes,  day trading gives you a lot of time, but that doesn't mean that it is profitable and those jobless people can make a living on it. Mostly for people like us who are making trading a side hustle, it is difficult to sustain it, mostly if you are jobless because you are looking for a profit on a daily basis because if not, you'll have nothing to eat. It is easy to say but difficult to do.
The very first and foremost thing someone should think of when they decide to become a day trader is the capital. Your profit from your trades depends on the money you've invested for each of the trades, if you invest $100, and get 1%, it's just $1, but if you invest $1000 and get 1%, that's $10 for you. So capital plays a very vital role in day trading.

And, I don't think that a person who is jobless and needs a source of income will be able to put together capital enough for him to be able to do day trading with the success that can make his life easier and he wouldn't need to do anything else apart from it.
1092  Economy / Gambling / Re: How succesful will AI projects be to win the house? on: April 03, 2023, 08:49:36 PM
and for me nothing is 100% in gambling. I mean if indeed AI is developed with very advanced technology and can predict some bets, it will not produce 100%.
for sure we will continue to use our own predictive analysis to determine all our bets and if indeed someone has this tool i think it is highly unlikely.
because the casino will definitely detect the person and maybe if it is detected using an accurate AI, he will be offered to work with the casino itself with a bigger fee.
so from here the casino still wins.
What's 100% in gambling is your chances of losing.  Wink
Anyway, coming back to the topic, first of all, there is no way one can make an AI that can win against the house if we are talking about casino games and not sports betting, if it's a prediction AI for sports betting, it can sometimes be correct just like humans, but not every time.

And, what makes you think that a casino that detects someone cheating the house with a bot or an AI will ask them or partner up? They will simply confiscate their funds and lock his account, and make sure he doesn't get into their platform again.
1093  Other / Beginners & Help / Re: Who is most reliable person? on: April 03, 2023, 07:25:41 PM
I don't believe it's a good idea to give your private keys or bitcoin keys to someone close to you while you are still healthy and young; doing so is a risky and easy way to make your life miserable because your bitcoin will be gone as soon as you do so to your son, wife, or any other person you truly trust, because these days, close friends and family members have the power to hurt you more than anyone else, and when it comes to wealth, it's very risky to do so, in my view, while you are still healthy, don't give your relatives access to your bitcoin private keys.
I agree with you on that, I think it is not a very bright idea to give access to your funds to someone no matter how much you trust them. If you ask me, there is only one person in the whole wide world that I trust more than myself and that is my mother, and she knows nothing about technology and everything, especially Bitcoin, and I think that is the case with most of us.

So basically, it is better if we don't give anyone access, but we should write a will and describe in it where we have kept the private keys, etc. So that when the will is read after we are dead, the funds are not wasted and accessed.
1094  Economy / Speculation / Re: Dare to take such gamble? on: April 02, 2023, 05:49:34 PM
And those bulls should really be thinking up this way, we do even have a hard time on breaking lots of strong resistance.How much more on considering on reaching up a million in 90 days time? It cant really just be that possible no matter what angle you would be tending to look at.There's no way that this bet would turn out to be a win because this isnt how this market behaves nor works.We would be needing that extreme adoption
and bank failures and crisis for this thing to happen but we arent seeing that thing severely.It is really just that bets turns out to be stirring up communities emotions and insights
but for those who do go for realistic approach would really be telling this thing to be impossible.
For sure Balaji is really in doubts and fear or might be worrying now, if we do look at on the price which it do really have that up and down but not really be able to break up that $30k price.Just like you do said that

how much more on needing on breaking a million? 90 days time is too short and wont be enough and as days passing then Balaji is surely having those worry yet he would likely to pay up that bet on someone

who did dive and make a counter bet with his approach about btc price. Lets see on how this thing would end up whether we would be reaching out that price (impossible) or would really be
still playing around these ranges after 90 days.
Do you really think that he will be worried at all? He wouldn't, even if he has to pay the money, it wouldn't bother him much, besides, we don't know if anyone has accepted that and did what he asked for, and if someone did, how would we know that the guy standing against him isn't someone he has asked to do so only for the public to see?

It all could also be a tactic to create some hype and pump the price of Bitcoin a little bit, but we can't really know. What he predicted, even if his prediction turns out to be just 10% true, we should still be good, lol.
1095  Economy / Economics / Re: Hong Kong - Embracing crypto, new acceptance mode, $100 mln raiser on: April 02, 2023, 07:14:45 AM
I wonder what's their stance is going to be against mining as that's an essential part of some crypto infrastructure. Or are they just now fully embracing and regulating any other then POW based cryptos?
I could definitely see them fighting against any permissionless systems and use environmental argument to drive POW away. Later on they can move to other arguments where they regulate away any unwanted people (criminals, opposition, etc)
Considering how crypto-friendly they show themselves to be, they should probably find some solution around that too, but as said in the post, the funds they are allocating are mostly for web-3-based projects and we all know that most of the projects these days prefer PoS over PoW, so the possibilities of having many projects requiring mining will be pretty low.

Overall, it's positive news for all cryptocurrency supporters living in Hong Kong and also other parts of the world, if I understood correctly, they will also fund or support projects from other regions too.
1096  Bitcoin / Bitcoin Discussion / Re: Bitcoin can't become world currency (at least now). on: April 01, 2023, 12:36:15 PM
I think one of the problems is that it will be more expensive for people to use bitcoin than fiat. We can also say that it will create a huge load on the bitcoin network to make all these transactions so it will probably be even more expensive and slower because of that. Also worth mentioning that bitcoin is still pretty volatile and I don't see it becoming more stable in the future. And the whole system will depend on the miners and if there gonna be any problem with them, then the system will suffer. And another thing is that when people will see how volatile bitcoin is, they will try to exchange it to more stable asset that will dump the price of BTC as well.
Why would Bitcoin need to become like USD or EURO while in reality it was created to be the exact opposite and to become an alternative mode of payment or store of money where no one can see or control the financial holdings or finances of anyone using it? Fiat currencies are centralized and under the full control of authorities of different countries and organizations. Bitcoin isn't one of them, it never was nor ever will be.

So it's probably better if we don't compare a decentralized cryptocurrency with traditional centralized currencies or even try to put it among them because it is different by all means and that's what it was created to be.
1097  Alternate cryptocurrencies / Altcoin Discussion / Re: How to accept crypto payments? on: April 01, 2023, 09:11:03 AM
I am wondering what are the ways to accept crypto payments in an online business. Should I share my wallet address and ask clients to send payments to it? Isn't it troublesome? Payments could be sent to the wrong wallet address and also it would be difficult to manage the transaction history. What should I do?
It depends on the size of your business, is it a small business with fewer customers or does your business have many customers every day? If it's small, then you should face no problems using your wallet to receive payments by simply printing and placing your wallet's QR code at the place where payments are received, and anyone willing to pay with Bitcoins can simply scan it and send the payment.

If you think your business is large enough for that, you can set up a payment processor that will manage all the transactions and stuff and then you can withdraw your Bitcoins from there or you can even set it to convert them directly to fiat for you.
1098  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.
1099  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.
1100  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.
Pages: « 1 ... 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 99 100 101 102 103 104 105 ... 220 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!