Bitcoin Forum
July 06, 2024, 09:20:04 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 ... 248 »
1141  Bitcoin / Bitcoin Discussion / Re: Keep hodling your Bitcoin on: April 23, 2023, 04:38:39 PM
Many people in this forum still hold their bitcoins because they believe they can still increase again.
The current drop in price makes them even more interested in buying bitcoin again because they know this drop is only temporary and bitcoin still has a chance to go up high.
That's why many of us still advise you to keep buying bitcoin and not panic over this downturn.
Bitcoin has been such a long term investment for those of us here that we want to hold on to it and sell it at the next high.

Exactly, it's normal for Bitcoin to drop to 27k that's proved it's volatility. it also gives chance for people to hop in the market as it temporarily dump in the market. Investing in Bitcoin is actually good especially in long term. With it's history there's no doubt it will increase again and might hit a new record of it's value. Just be wise in doing your calls for you to gain profit, take advantage of the current situation so when it pump you'll be riding.
1142  Bitcoin / Bitcoin Discussion / Re: If bitcoin was to be physical product? on: April 23, 2023, 03:46:26 AM
If Bitcoin would be physical then I think people would rather invest in gold since they already know gold investment which is not too complicated for them. And it would be hard to analyze it's value since Bitcoin is volatile, without it's volatility it would be hard for Bitcoin to reach it's current price. Plus the transactions would be hassle as people would like meet up to trade Bitcoin and that would be risky since it's a decentralized system there could be criminals that you can see in the movie. But it would be cool if that happened like Bitcoin came to life not only digital.
1143  Economy / Trading Discussion / Re: Can old trading strategies work again? on: April 23, 2023, 02:49:37 AM
There isn't a one stratefy to rule them all. If you want to be profitable you always have to adapt according to the market conditions!
but there are also times when old strategies work again, although at some point you'll have to revise your strategy again while adding the newer ones. as you've have said that it depends on the market conditions, and i still believe that some old patterns are still useful in todays trading style. still for one to become a seasoned trader, you still need to experience more trading patterns or should i say it is the culmination of your accumulated experience in trading.

Old strategies could still be useful as a technique to this current days. However, there's a time it won't be applicable to any situation. Strategies could be use as basis for your decision making in calls in the market but we all know in the long period of time there's always new trends and also new strategies. The best way for you is to have your own strategies that suit for your calls.
1144  Economy / Economics / Re: Living ones life on assumption and promises on: April 22, 2023, 03:23:33 PM
Finally you fixed your post OP! Well done. First I saw your post I ain't gonna read all that good thing you fixed it.

When it comes to money, promises and assumptions shouldn't be tolerated as they can assure you that they could pay you in right given day. Even if the one is asking is part of your family like your sibling. We always have instinct that he/she might not pay you after lending them money. If you have that mindset when it comes to lending money then don't do it, since it's your instinct that dictate that they might not pay you. Plus remember their situation like if they could actually pay you like his payroll is coming up. Then it could count as a proof for them to pay you. If you're are introvert and awkward in socializing it would be possible for you to not ask them for their debt from you which is not be tolerated for me. You borrowed money of course you'll return it.
1145  Economy / Speculation / Re: BTC > 1M ? on: April 22, 2023, 02:57:24 PM
Bitcoin to 1 Million is it really possible?

Next year? Next decades? Century? 1M Bitcoin is possible but for sure it would take a long period of time if you think how many years Bitcoin took before it reach its current value then probably a million value of Bitcoin would also take years. A lot of decade would it take which is my estimate. There's no guarantee when it will reach but for sure it will take decades.
1146  Economy / Economics / Re: it's so risky! on: April 22, 2023, 01:58:23 PM
I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.

If you're scared to lose your funds in investment then I think it's not for you. Investment always have a risk with it's volatility, your savings might got liquidated if you don't have the proper knowledge and understanding about investment. If you don't afford to lose your money then it wouldn't be recommended to risk your savings. 80% is actually a huge amount that you might lose. I suggest you to start with a small amount first for you to gather experiences and idea about investment. Don't always all in if you're not still familiarize in the methods of investment. Risking is important as it gives you opportunity than nothing, but it would only count if the money at stake is you can afford to lose, not only you'll save your mental and emotional with that scenario, also your savings would get drained for emergency purposes.
1147  Economy / Economics / Re: What crisis what food crisis ? on: April 22, 2023, 11:03:51 AM
This things only happen when one country are too dependent on other countries. This is why local economies are so important, we all need to start producing more what we need and rarely dependent on other countries. When  Countries farmers didn't get flexibility and support from government and when government start imposing unethical rules without back ups,  no long term food stores, for example Sri Lanka impose the country banned the use of fertilizer for their crop and without fertilizer it was impossible for them to farming as a result Sri Lanka had food crisis.



Exactly, if we were dependent to other countries most likely the country would be in debt to them. That's why it would be better in some countries to have subjects about agriculture to raise the rate of their own produced foods. But of course some country have the knowledge however they are sufficient in resources to produce. Here in my country, back then we were also have scarcity of foods where even known farmers lack of produce foods due to intense weather and supplies. Then they've solve this by asking for help from other country for resources in exchange of farmers knowledge on how to produce an healthy supplies of food. By that it's a win-win situation in both country, they get both what they need for their own country to grow.
1148  Economy / Trading Discussion / Re: Did bitcoin has trading signals and indictors like forex? on: April 22, 2023, 10:41:27 AM
Can we use the same analysis on forex to appropriate our trading on bitcoin like the way gold and US dollar trades same signals.
Did bitcoin has trading signals and indictors different from forex or they're all same signals and indictors but different price movement from bitcoin?
Because forex do not actually include bitcoin signals when trading bitcoin on forex apps. Instance! When you wants to trade forex you can get signals and indictors apps from google play store but no such for bitcoin?

There's actually market indicators in both Bitcoin and Forex, is also works the same however the difference is Bitcoin changes it's value from time to time since it's a volatile nature. If you're finding Bitcoin's calls it would be better to do your own research and decide for yourself because you can't risk your money to someones calls. There's a lot of group in TG that discussing about calls since a lot of whales have their own group. You still to be careful since TG is also known for fraud and scammers. Also in Twitter there's a lot of of verified users that having their group calls. Still always be cautious it might be fake.
1149  Economy / Economics / Re: SPENDING MORE THAN YOU EARN on: April 22, 2023, 10:24:21 AM
therefore I prefer to shop alone than with my wife. If we shop alone, we can be wiser in spending money and shop faster. It's different if we shop with our wife, there must be unimportant things to be spent and shopping time will also be longer, it makes expenses higher and very waste of time

Well good for you, it still depends on two persons practically when budgeting their money. Some would save but sooner would spend a lot than they save. If I compare myself with that situation, then I come to think of my mother, it's the time I'm still a student and whenever I buy unnecessary things she would always say the downside of it and waste of money. For example, I bought an skin in game and I told her about it, she would say "you'll get bored with it in a long time" of course as a gamer I disagree that I wouldn't feel that in my dream skin. Now looking back in the past, I regretted spending a lot of money in game than investing in crypto which I've learned few years ago.
1150  Bitcoin / Bitcoin Discussion / Re: Is $30 dollars worth starting bitcoin? on: April 22, 2023, 07:50:30 AM
If your friend doesn't have any idea to Bitcoin I guess $30 is a good start for him. Let him explore first and be familiarize on how Bitcoin works of course he should have prior knowledge first. Because it's easy to enter the market in any amount, but it will get easily liquidated if he don't have background into Bitcoin. Any amount is a good investment but of course with that amount it will take a long time of process for you to earn a huge amount of profit. That's fine you don't have to rush yourself you could take your time with a slow phase.
1151  Bitcoin / Bitcoin Discussion / Re: Why does Bitcoiner still support the use of centralized exchanges? on: April 22, 2023, 06:39:08 AM
I did some research on Bitcoin because I was interested in it, and I discovered that the key principles of Bitcoin are peer-to-peer, anonymity, pseudonymity, decentralization, and operating without a middleman to ensure that Bitcoiners can have financial freedom. However, despite knowing that Bitcoiners adhere to these tenets, why do some Bitcoiners act contrary to them? Why do they continue to support centralized exchanges, use them, and retain their Bitcoin there?

You know it much more convenient to have transactions to examples you've mentioned above OP. But still people could track your addresses which could cause to many criminal activities suich as fraud and scams. People still prefer to have centralized system as some legitimate exchanges could guarantee the safety of your funds and can ensure you to transact with legit people. Imagine putting your funds in not centralized manner and it's up to your decisions if your fudns would be safe.
1152  Local / Pilipinas / Re: For how many years ngayon lang ulit nag balik sa bitcoin world on: April 21, 2023, 04:47:18 PM
Salamat sa inyo by the way kung kinaya ko alam ko kakayanin niyo rin yan. Lahat tayo may pangarap sa buhay samahan lang natin ng gawa at tiyaga. Dami kasi ngayon nagsasabi ito pangarap ko ganyan pero wala naman sila actions kaya useless mangarap kung hindi naman tayo kikilos. Balik bct din pero dami na nagbago like need na ng merit para maka join sa campaign kaya nangangapa ulit parang newbie.

Ganyan naman kadalasan ng pinoy bro, magaling magsalita pero 'di magawang gumawa ng paraan o dumiskarte para sa pagbabago ng buhay nila. More on motivations kasi wala naman consistency ang bagsak niyan "bawi nalang ako next year" hanggang sa umabot na uli nang ilang taon. Wala naman masama don pero mas oks kung nagagawan agad ng action ng maaga, 'di yung puro spoon feeding galaw galaw din hahahaha. Welcome back bro! goodluck dito sa forum explore-explore lang sa new trends and hypes. More success to come sayo OP.
1153  Bitcoin / Bitcoin Discussion / Re: Is there any benefit of bitcoin to the government? on: April 21, 2023, 04:39:58 PM
There's a lot of factors the benefit of bitcoin to the government, the market of Bitcoin could also affect the economic growth of a country same thing with the Bitcoin, if the economic situation of a country drastically fall, it might affect Bitcoin's worth. Plus Bitcoin's blockchain technology is much convenient to have transaction which could be benefit to it's user and customers. And the fact that Bitcoin is a decentralized system where government can't put taxes on any transactions in crypto if that's possible for them to make it happen then it would benefit them huge. US are already acknowledging Bitcoin so it might happen. Fraud and corruption may reduce as people could control their authority to their funds unlike in a centralized system.
1154  Bitcoin / Bitcoin Discussion / Re: Is bitcoin price control by human agents or electronic technology? on: April 21, 2023, 11:05:31 AM
Please am trying to understand how the systems work that's why I need more clarification from you. I watch this cryptocurrency prices going up and down the axis but often times I ask myself outside the fact that when people made withdrawal it affects the price going down and when people invest high capitals it increases the price automatically but is there some kind regulators like human agents or electronic technology who always do the regulatory price actions especially when trading bitcoin? Or is totally program that way? Only your views please.
There is no central authority that says that today the price of bitcoin should be at a certain level and then a few days later they decide to make the price of bitcoin to go up or down, every single one of us has an influence on the price when we sell and when we buy, obviously the whales have way more influence than us, but at the end they are still held to the same standards we have to face, and if they make a mistake then they can lose money as well.

Exactly, that's because Bitcoin is volatile, there's no guarantee when it will pump or dump. The market goes up and down not only from buying and selling, there's always news that for example the economic situation that might affect the market in the cryptocurrency to pump or dump. For sure, whales also one of the reasons that can affect the market price especially most of whales are in group so they act together. If they want to pump the price for sure they'll invest but when they sell the coins value will reduce. That's why most whales have discord or telegram for them to announce they will invest or sell in a certain coin for other people to be aware and be ready to enter the market.
1155  Economy / Economics / Re: Lending money or damaging family bond ? on: April 21, 2023, 10:15:05 AM
Instead of hostility between families, it is better to avoid giving debt or loans to anyone in your family if they are not the ones who want to pay for it.
Another solution that can avoid this is by giving rewards to families in need by not expecting payment from them if you are a better person financially.
in this way, in my opinion, you will look like a person who contributes to your family. i think so

You are right, giving debt or loan within foamily if you can endure the lose which you gave them in loan of debt then you can otherwise if you can't endure then it is better not to keep money relation with family. Most of the time what happen in money relation with family like there in a joke ''give me a loan then leave me alone''  i always keep distance with such lazy people who ask money again again to fulfill their small needs instead of working.  
I think it's normal with family members who beg for loans with no intention of repaying them to be responsible. It's their duty to pay, since they are begging you for it but since they are a member of a family it's understandable.
If you want to lend money to a family member, you must don't have to expect to be paid in time. You have to put in your mind that there's a chance he will not pay, so if he pay it's good and if not, it's okay.


For me, isn't your tolerating them to have loans or debt and not pay for it because they are part of your family? If that's the case I wouldn't agree in that situation, lending them money especially if they need, it's a good intention of you however you must think of yourself too. Of course you work hard for the money you've earned and you also have plans to your money then imagine they borrow money for you expecting to get paid sooner.

If you know that there's a chance they would not pay the money you'll be needing then much better to guarantee that they'll be paying you like if they have income soon. Still its up to you, we have different situation if you're afford to help them then that's good but tolerating that situation they might adapt it in the future.
1156  Bitcoin / Bitcoin Discussion / Re: Why do you want bitcoin to stay? on: April 21, 2023, 06:43:57 AM
Because Bitcoin has been tested, do you think that after 14 years in this industry, will you doubt Bitcoin? It's really proven and tested, especially in the long-term issue, try to see, as time goes on or time passes, the value of bitcoin continues to increase in the market.
Take note that there are many other countries that are hindering the concept of bitcoin in terms of blockchain technology, but they cannot subdue and control it, meaning that bitcoin actually has something that the majority do not have.

Totally agree! You can even compare it to gold that even in the past, gold was used as an investment where it's value increases as time goes by. The only difference is on how they work you'll have to learn the crypto and blockchain technology for you to have investment unlike the gold which you only need to possess. Not only government can't literally control Bitcoin they can only ban it due to its decentralized nature that every people loves. Some country are acknowledging Bitcoin since many people uses it as transactions like in the US.
1157  Economy / Economics / Re: Does People Really Care About Decentralization? on: April 21, 2023, 12:57:04 AM
Actually when looking at it as a whole for myself personally, I care quite a lot about decentralization but not all that is done must always be decentralized because in other cases I also still need a centralized system.
Actually it depends on which perspective we see, I think as long as it is centralized it is still better from one aspect then it can be done but on the other hand from another perspective when decentralization is better then the choice means there. I'm not going to be naive about this because as long as I still have an advantage for myself in both then I'll use it because indeed we live, of course we have to find the easiest way to deal with it.
For some, this is a matter of habit, for some it is convenience, but if you remove one thing now, then many will lose their usual comfort. It seems to me that people are not very worried about decentralization, because it is important for them to shift their responsibility to someone else, let banks be responsible for their money, the state is responsible for their pension, this is convenient because you can always find the culprit if something goes wrong. And this is not their fault, they were just taught like that from childhood, and it seems convenient to them.
The real problem that is happening right now is that we are still quite dependent on fiat which makes us inevitably have to do this in centralization.
We live where the rules regarding decentralization are still being developed and of course as long as this is still happening, centralization is still something that is indeed quite important. Even though we don't believe in it because it is indeed considered as one that is indeed deviant when it comes to financial freedom, things like this still cannot be simply dismissed.

If you think of it, decentralization also has pros and cons which it would be hard to adapt in real world. We all know the good benefits of controlling your funds and have freedom to do your will for your funds, however centralization is still a must as it gives us security and assurance. Since decentralization are also more on fraud, scam and criminal activities that may cause chaos in the economy soon. That's why it's the centralization job to maintain the peaceful economy for their people.
1158  Economy / Economics / Re: Why America Can Be The Biggest Economy In The World? on: April 20, 2023, 02:04:33 PM
So the question now is why did America become such a big economic power?
I don't see that, maybe you just see in the skin only, even inside it was destroyed.

after the Bretton Woods era, the US change the monetary system to Dollar, US economy grew significantly because they insist on another country using Dollar as payment while they print that paper daily. I don't know, what is the value is paper? which every people use and believe on central bank. Yes, what makes the US the biggest until now is Bank, I think if the bank collapses, and can't print dollars anymore, the US will die.


I'm not from US but the value of US dollars really worth a lot in here.You could even live in a week with $100 if you convert it into our currency. And yes when US dollar grew worldwide it also impacted their economy as more people encourage to use USD. Not only that most investors are from US as they know how investment works unlike in other country. I don't think USD would stop printing money and it wouldn't let that happen they will have solution for it asap since it might affect the economy. Workers here much prefer to work abroad since the money they could get is higher than in my country.
1159  Economy / Trading Discussion / Re: Essential one to new traders in Crypto currency on: April 20, 2023, 01:43:37 PM
In my opinion, all market is the same there is a moment when you gain and also there is a moment you lose, no matter if you newbie or a pro. The only different is our personal technique to tackle the market. Like money management, trading indicators, and so on.

But in the case here some new trader is lack of knowledge so they end up losing and leaving the market. whereas to become pro trader we need time to gain more knowledge and testing many things and lose sometimes



Not only about techniques, it will be differ with knowledge also if you don't know how to handle losses then it might lead you to loss more in the future with your emotional stability. Plus the afford to risk your funds also counts as it will affect your decision making since your anxious to put your money in the market. But it's common for newbies to have losses it's up to them if it will continue as they pursue to be part of crypto industry. Even what you called pro trader started as them so don't be afraid to risk and still put money that you afford to lose.
1160  Economy / Economics / Re: Pay your debt with monkeys! on: April 20, 2023, 01:31:32 PM
Sri Lanka doesn't have any choice because they're don't have anything left except their monkeys, so China will ask anything they want.

I thought monkey was one of endangered animal, it's ridiculous why this trade is legal considering there's no clear usage what China will do with those monkeys.

China will keep demanding what Sri Lanka have in order to pay their debt, the worst case Sri Lanka will sell their country.

That's the sad truth, imagine you lack of resources that even animals were used in transactions. It's uncomfortable to think that China agreed to accept monkeys as payment to them. Back then, animals were really used in payments in transactions in my country, like they will sell their cow just to have money for their house. But to think that number of monkeys as a payment of debt would never be a good idea for me. Hope they could get some resources and to avoid selling their independency to China because if they won't it might cause war.
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 ... 248 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!