It takes a long way to make bitcoin a global reserve currency, of course it needs official recognition from many countries so that bitcoin's position is getting stronger, the biggest problem with bitcoin is very high fluctuations, a few days ago the price rose by more than 19% but bitcoin has also dropped more than 20% in a day, these considerations certainly make the government prevent the use of bitcoin.
It's probably true that for Bitcoin to become a reserve currency, it will have to be more stable which isn't something that can happen since it's the nature of cryptocurrencies like Bitcoin to be volatile. So it's basically not made to be a reserve currency unless a country or a company doesn't care about the volatility and still uses it to reserve their funds. The main downside for it is that the funds reserved in Bitcoin can lose significant value over time, though it can also gain value the negative impact is more powerful when it comes to the reserves of a whole country. |
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Fiverr and Upwork are the two most popular freelancing platform in my region. The only downside is that those two platforms are now overcrowded with sellers than the number of active buyers. So to stand out amidst the competition you need to be able to pitch your skill better than the average sellers in your niche.
The biggest challenge a new seller faces on such platforms is not having enough reviews or a rating to be able to stand out among the crowd, and buyers mostly see the most experienced and reliable sellers for their work. So unless you are very lucky or have optimized your gigs or services so well that they appear in a lot of searches, you stand no chance at all. Those who manage to get some ratings and attract some buyers initially will have an advantage that can provide them with more opportunities, but those who fail to do that will have to face a lot of struggle to get a single client. |
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Since joining this forum I have seen reasons why I should cautious about doing Kyc and Centralise Exchanges do ask for it but for a Trader is using Centralized exchanges the best ?
If Yes, what is the most secure centralise exchange to use? because I read that aside from a person identity be stolen, they may lost their funds or not been able to access it and this happened to FTX customers
Is KYC worth the risk? I'm not sure about that, but, is KYC important for everyone to use different platforms and services? Yes, it is, and there is no way to bypass it, so it has to be done sooner or later. Maybe centralized exchanges are not safe, as they can be hacked, your money can be stolen if your account is compromised, or anything can happen, but as a trader, you have no choice but to comply with their rules and regulations. About the best-centralized exchange, I would obviously recommend Binance as it is the leading exchange and the no. 1 in the world at the moment. I've been using it myself for years, and never faced any problems personally. Just make sure you enable all kinds of account security metrics. |
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Bitcoin mining at home is actually no joke in this day and age. Especially if you know yourself that your electricity consumption is expensive. But if your electricity is cheap, I can say that you should continue mining bitcoins at home.
And you must have knowledge about bitcoin mining as well, it won't be possible because you just thought, or you just heard that your friend is making money from bitcoin mining, it's not like that, remember that.
Even if one has very cheap or free electricity, Bitcoin mining isn't really as profitable as it used to be in the past, especially if you are trying to do it at home. I think a person would only waste the money he spends on the hardware bought and will get nothing as much as he wishes for since the difficulty of mining blocks is becoming more and more over time. A miner will need to have very high hash rates in order to be able to mine blocks and even after that, he wouldn't earn as much as someone might think. So basically, mining isn't a profitable thing anymore. I would rather buy and store Bitcoin than have a hassle like that. |
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The cost of purchasing a course related to IT professions can be high, but it's essential to consider the potential return on investment.
It's critical to stay up-to-date with the latest trends and technologies in the industry, as this can help you remain competitive and attract clients looking for expertise in specific areas.
Though what you are saying is correct that a developer will need to have knowledge about all the latest technologies, programming languages, scripting languages, and everything important if they want to stay on top of the competition, he would also require a platform to showcase those skills to get clients who will hire him to work for them. I think once a person has the skills required, they should turn to freelance platforms available online, create gigs and offer their services on different platforms, and keep improving their reach as well. Sharing on social media can also help with the cause. |
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If there are movement that everyone is expecting, that will be a more downfall in the price because Mt.gox is said to released those old BTC to its creditors. IDK if what is the update about it. Is it done already or not? But if not then this might still threaten us in the long run so people must not be really happy right now.
There's no problem for those who are trading and short term investors because they can sell now and then wait again for a dump to buy another set of BTC. I once said that short term prediction is more accurate than in long term but it seems that I am wrong and you are right, and this scenario that we see lately is a proof to that.
Whether short-term or long-term, no prediction is actually easy to do. We were all pretty much hoping that the price if once crossed $25k, will at least reach $30k before coming down, but the opposite had happened. It almost touched $26.5k and took a U-turn and it roaming around $24k since then. Now, the question is, will it go up again from here or we will see it going toward $20k again? Though we don't really know, but as the conditions look, I believe it will dip a bit more from this point. It may not reach $20k this time, but around $22k will be the target area. |
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which begs the question whether the tokenomics are permanent, because I often hear about redominization or changes in the amount of supply and supply in circulation, so I don't think we can fully predict that.
Good projects don't really do that, it is not a good practice to make changes in the tokenomics once they are announced publicly or that can shatter the trust the project might have built within the community. I personally wouldn't like to see a project that I follow change anything from the tokenomics they announced at the beginning. A good project will always have everything planned and calculated before going public since they know that it can be really crucial and harm the integrity of the project and the token if we make any changes later on. |
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Be aware that downloading applications from unofficial websites carries huge risks, as they might already have been tampered with by scammers. I don't see any need to download any other applications on my phone, apart from the browser and wallet app. If you are looking for new applications make sure they have been around for a while and the reviews are good enough too.
Apps coming from unknown sources are a threat, everyone knows that even your mobile warns you of that before installing, but what if the malware is installed from a trusted source such as the Google Play Store as mentioned in the opening post? That could be a serious threat for almost everyone who even doesn't install apps from outside Google Play Store on their android. People will need to avoid installing unnecessary or even unknown applications even from trusted sources since no one can really know under what kind of apps they hide the malware, and it is too risky. |
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Short answer: it is risky if you invest blindly.
Long answer: it is important to carefully research and analyze new cryptocurrencies or projects before investing in them. You should look at their technology, the team behind the project, the market demand for the product or service offered by the cryptocurrency, and any potential maliciousness in their contracts and also legal issues. And more importantly make sure to diversify your investments and only invest what you can afford to lose, as the cryptocurrency market is highly volatile and can be unpredictable stick to bitcoin more than any other new token or coin in my very humble opinion.
Well, as you said, diversification is the best thing one can go with to reduce the risk of losing the whole capital even if something goes wrong with one of the tokens you are invested in, and diversification must be done within the top cryptocurrencies including Bitcoin and some other altcoins that are on top after Bitcoin like ETH, BNB, etc. Though new projects can sometimes be good or at least provide very high returns on even small investments but that doesn't happen all the time. If one wishes, they can invest a very small amount in projects that they find to have potential just to try their luck. |
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In my previous topic, what I'm wondering about is launching project during the bear market a good idea. Currently the market is so bearish that most of the investors are not taking much action. But we always have to be sensitive to the market to prepare for the next bull.
So, what kind of project will be more benefited in the next bull??
I've read all the replies after reading OP's post, and I'm not sure whether I understood it wrong or everyone else did, because not even a single person replied the way OP has asked the question. What he actually asked is whether it is a good idea to launch a project during a bear market or not and what kind of a project launched can be profitable in the next bull run. To OP, I believe that the success of a newly launched project is based on the quality of the project, what it offers, who's in the team, how the development is carried down, tokenomics, roadmap, and a lot more stuff. If users and investors find it interesting, they will invest in the project, whether it is launched in a bear market or a bull market. And the same thing applies to a project being successful or not in a bull run. |
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Legitimate and sincere commercial dealers don't just grow fast in their various businesses of endeavor they also retain long-lasting trust from their respective customers and a secured business brand that will stand a test of time. Honesty is one of best customers satisfactions in business and that is why customers can pay more than the generally known price of a particular product or services to a vendor who's is 100% trusted to deliver than to pay lesser than the actual fee to a vendor with an unknown business credibility. So for anyone to become successful in business, he/she must be trustworthy, legitimate and very sincere to customers because no customer would want go back to purchase a product or service from where he/she was initially scammed no matter how hard you try to convince them of change in credibility.
Credibility and trust are the two pillars of a business's success. The quality of services or products that are given to the customers also plays a vital role in making a business successful. Those dealers or traders that lack any of these qualities will eventually lose their customers one by one to other vendors within the same business. Sometimes dealers and traders reduce the quality of products and services only to cut the cost of production and save money, without realizing that this will eventually ruin their business and give an edge to the competitors. |
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Managing finances properly is key to our financial life, which is well known to each of us, I guess. I feel like this is in my bones so sometimes I make some decisions subconsciously. I recently ran into a situation where I found myself really awkward. Last July or August(I can't remember that clearly), one of my extended family cousin asked me for three thousand dollars as he lost his job and could not pay off his loans. I refuse to lend him the money cause I knew him well that he was not a solid trustworthy guy. A few days ago we met on a family reunion occasion and he did not really talk to me and I suddenly realized that it was because I didn't lend him money last year. I think about it twice and if he had not been that untrustworthy, I would have definitely lent him the money. Anyway, I hope he is doing fine now and best wishes to him.
That happens, and to be honest, I would have done the same if I was you. I mean, if it was someone like a brother or someone too close, you might give it to them also knowing that they would return it eventually, but to someone who is from the extended family and also not really reliable when it comes to returning the borrowed money, it's just better to make an excuse and avoid it. The thing that happened with you at the event would have happened even if you had given him the money, but the only difference would have been that you would be the one looking at him differently, like with the eyes of, "Where's my money, man?" and he would be the one to be in an awkward situation, but I really doubt it, people like that don't really feel awkward, but they just dodge you and get away from the situation to avoid encounters. |
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There was a sudden spike with the market price of Bitcoin which is half expected given that the market price dipped til' $20k and that is the buyer's area perhaps. Diversification the other hand would work if you would be making the right choices 'coz if not, risk will just be bigger because the goal of diversification is also to diversify and avoid all of your assets on losing marks. So if you happen to diversify and things did not turn better, then that is where problem should be addressed with token choices. There are many altcoins to choose from but the fact that there is no clear trend line, gives second thought to investors whether to enter already or to wait for a little longer. Bitcoin would be a great choice but avoid thinking of an instant profit.
First thing to follow for investors is to diversify their portfolios, and when it comes to buying Bitcoin, doing DCA is the best way to go so that they don't miss any price points and even if it dips more or goes up, there will always be a portion of it bought at a better price. So those who diversify and do DCA, will be on the positive side in the long run. The price hike is a part of the upward movement that we are going to see soon. Though it may drop a little again before going straight up to $25k, this is a signal of that movement and it brings up some positivity among investors. |
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The odds for payout are calculated to maximize winnings for the house.
For example, if a team has double the chances to win, then the house instead of paying you 2X, they will offer to pay 1.9X for example.
That means that over a long period of time, they pay you less for the amount of risk you're taking.
Imaging that you're doing a coin flip and you guess what side of the coin will be selected, if you guess it right, I pay you slightly less than your bet. Over the long term you'll run out of money, because your expected return is negative.
I understand that they take a portion of the winnings but that doesn't represent the kind of edge that a casino has over a player that gives them an advantage for a win. A house edge in casino games generally gives the house a percentage of advantage over the player where their chances of winning become higher. So in sports betting, what I meant, is that a player can only win or lose a bet based on the outcome of the game which is not controlled by the casino or any mathematical calculation or algorithm. |
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When I looked at the image he gave here, there were different wallet addresses with different content amount that I'm not sure if it's bitcoin or what? but let's assume it's all bitcoin. For me this is just a possible trick to anyone who will be interested in it.
It's very hard to trust in this day and age, especially when it comes to money. I think that if someone is bitten by a sale like that, the person who buys it will probably be a greedy person.
I think there is no need for any assumption, if you read the opening post, he clearly has it mentioned that the amounts shown are in USD, and all these are lost money as he said he lost a lot of money last year due to market crash and the collapse of LUNA and it's sub-products. There is nothing really for anyone to be tricked in here. What he is trying to do is to sell his wallets that have had losses to those who want to avoid paying taxes by declaring that those wallets belong to them and they lose all their funds so they will pay no taxes. It doesn't really sound legal to me, I don't know. |
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Well that would make things much better now. I mean Bitcoin price goes from 20k to 100k overnight I think there would be so many very excited people we would not know what to do with ourself.
But come on let us be realistic for the minute. I was so "bullish" for 100k price of bitcoin but the reality has now stepped in. We now still have much time to go before we can see a price of 100k per Bitcoin.
We will reach that peak as well someday, with patience and perseverance. As they say, "Patience is a virtue." and "Patience is the key to success.". So there's no hurry, especially when it comes to Bitcoin. We have seen the extreme level of ups and downs in the past, we have seen it just recently when it dropped from $69k to $16k, but those of us who believed in it never left, and never will. Every time Bitcoin sees a big decline, it comes back stronger and goes beyond the expectations of those who don't believe in its possibilities. I believe it's just getting ready for a blast, a blast that happens not very suddenly. |
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When you have these types of accusations, you should proceed with great caution until the casino owner has fixed any misunderstanding, it is not good to continue debating because it is like speculating with castles in the air, this can cause a lot of confusion, especially for casino players. they have a slight illusion of the site.
It is not recommended under any circumstances that as long as there are problems like this you can reach a concession because if the site goes public no one would trust the casino, how could they build a reputation like that? much less in a community as large as the forum.In my case I would stay away completely, for me security in a casino means a lot.
That's probably right. It's important to exercise caution when there are accusations against a casino owner or any other business, and it's crucial that they address and resolve any misunderstandings promptly. Continuing to debate and speculate without concrete evidence can lead to confusion and harm the reputation of the casino, which could ultimately lead to a loss of trust in the community. A casino's reputation is paramount to its success, especially in a large community such as this forum. |
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It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
Says who that altcoins has no value without BTC? I think altcoins will thrive even Bitcoin fails though I ain't see a thing right now that it will fail. The connection in between is that altcoins mimic Bitcoin to experiment if they are much better than the King of cryptocurrency. Again, look at crypto market cap of Ethereum, it's just below Bitcoin and with that market cap, it can survive even if Bitcoin fails. A lot of people are saying this because this is how they observed alts when BTC drops. It was the price of the alts that only drops but it does not totally mean that altcoins have now no value because value can still be measured in other things. It can be on how useful these altcoins are. In fact, there are some altcoins who can be able to recover last time while BTC is still in dumped position. They can still get a demand because there are people who are using these alts for certain purposes not just for investing or trading. We saw a drop in Bitcoins value these past days but later this day, it is showing a signs of recovery again. This is great and altcoin supporters will not worry anymore. |
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Don’t buy Bitcoin when FUD is over because it’s very hard to timing when will it happened or else you will be buying at high price. Buy Bitcoin when FUD is upcoming while the price of Bitcoin doesn’t move much or dump harder. You will see the chart that it’s just sideways despite multiple FUD is piling up. This means that mean that there’s still a lot of solid Bitcoin holders while weak hands is leaving. Doing this will give you high chance to purchase on the bottom trend.  How does one know when the FUD is coming? If that was really something we could know, I think we could all time the market pretty well. So it is better not to chase FUDs or anything, and simply start doing DCA as soon as you feel that the price is starting to drop slowly. This way, you won't miss any points and will have enough collected when it reaches the bottom. This is the best way if you have been saving up to invest in Bitcoin at the best possible price. Timing the market exactly is not possible and is hardly doable. So, it's better to just do the least doable. |
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i dont understand about saga your talking about, but i also have prediction that bitcoin will go down more than 15500 last year.
maybe going to around 12k or more, i dont know where to go the certain price but it wont go up for now.
Are you being serious there? What actually makes you think that the price of Bitcoin will go as low as $15.5k? I know everything is possible in a volatile market, but the bull circle is almost about to finish, and the price tends to go up from this point. Even if it goes down, it won't go any lower than $18k or by least $17k. I understand that the price is showing some stability these days, and it might even get drop, but as I said, our target in the mind should be at around $20k, and then it will probably start rising up again as more buying pressure hits the market. |
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