Misrepresenting Bitcoin is not peculiar to any region or continent. There have been top investors in the traditional finance space that have talked down on bitcoin and showed to have little knowledge of it and there are people in the most remote areas who have good knowledge of how it works.

Sensitizing people about an investment is not a popular strategy, sort of like going to market real estate investment or some other form of investment.

- Jay -

I usually overlook news about ETFs and the likes cause they are not directly related to Bitcoin, so it comes as a surprise that it could possibly be the reason that the price jumped by over 6% in the space of a few hours.

Is this a sustainable price increases or just due to excitements which can fade away after a while?

- Jay -

"The central banks" is very vague, referring to no one in particular. If collection of banks from different countries wanted to create something like bitcoin they would not go about it the way satoshi did, it would be more the way CBDCs went but with no specific bank backing it.

I do not also wait 30 minutes before transaction confirmation when i use medium priority fees.

- Jay -

The current transfer market is super crazy, being serious in this market means spending chunks of money on overpriced players. Every club has to bid wisely and not be desperate, Chelsea are learning from their mistakes in the last window where they spent huge amounts to get Mudyrk, Enzo and to loan Felix with no result in the end.

The Arsenal-City rivalry for Declan Rice shows how much a player can be overpriced. Brighton would also be looking to cash out big with Caicedo this window as he has been promised he would move.

- Jay -

So you will be leveraging the skills of your top players to sell the platform as a sort of learning website where you cannot only play but learn to play. Would there be any benefit for the skilled players whose strategies you will be putting on display?
Also there should be clear terms regarding this so anyone signing up is aware that they can potentially have their strategies on public display.

- Jay -

Above $25,000 is a dumping ground?

Zoom out of the charts a little and realize that this is a perfectly normal dip in the market cycle, does not have anything to do with conspiracy theories.

My advice; buy while the prices are low.

- Jay -

72' minutes on the clock and it is still a draw between both European Giants. The game is very tight at the moment and both teams have made some changes to try and tip the game in their favor and claim the winner before the end of regular time.

We could very well be in for a much longer night if the game remains as balanced as it is now.

- Jay -

Bitcoin mining does not grow expensive due to centralization of mining hashrate except they try to manipulate the network. What makes mining more expensive is the introduction of more sophisticated mining gear.
The reduction in the number of bitcoins introduces every four years is independent of what happens in the mining sector.

BitcoinCore^[1] consists of group of developers who can suggest changes or commits on the bitcoin network and that would be voted on whether to be implemented.

[1] https://bitcoincore.org/en/about/

- Jay -

Was your order filled before you cancelled it? And is this your first time using coinbase for trades?

You probably did something wrong during the process and was only able to see the cancel option, if you could post screenshots they would really help us give better responses. Jut make sure to blur anything which contains personal information.

- Jay -

"Quoting" something does not count as plagiarism at all. It is only plagiarism when you copy and paste a text without any reference to the original writer or any indication that it is copied, like using quote tags or "" in the text.

Multi sig indicates how many signatures are needed to sign a transaction. If you create a regular wallet, you own the private keys and can sign a transaction using it.
If you create a 2-3 multi sig wallet, there are three keys and two out of three of them are needed to sign transactions, so one party cannot sign without one of the others.
2-2 is used on bisq platform where both the buyer and seller are needed to sign any transaction being made. One party cannot sign without the other.

Multi sig can also be used by a single person to back up their wallets in different locations for more security.

- Jay -

What got them banned is likely either of plagiarism or sharing malwares or ban evasion (for users that were initally banned for any of the first two reasons). If you can avoid doing any of these you have a low chance of getting banned.

There is a thread about wallets^[1] you can read that would help guide your decision.
Electrum is one of the most recommended choices on the forum and you cannot go wrong with it. If you have any questions about their features along the way, feel free to ask.

[1] https://bitcointalk.org/index.php?topic=1631151.0

- Jay -

It has always been dangerous to use centralized exchanges and the reasons to not use them is endless. Classifying bitcoins according to how clean or not they based on their description is just another reason to hold your coins in your non custodial wallets and use decentralized exchanges.

They already have a fair share of control and we cannot wish that away. Only education and more veteran users promoting the use of decentralized platforms and the risks of centralized ones can help this.
Also not compromising with statements like;
- "You can use them, but take your funds off them as soon as possible"
- "Only hold what you are actively trading"
- "Use them for the sake of liquidity".

And any other excuse to promote Centralized exchanges that is used.

- Jay -

I cannot lump smart contract risks cause there are different exchanges out there, but this presents little threat compared to the risk of your coins being hacked and stolen off a centralized exchange hot wallet or being stolen by the exchange themselves.

Transaction speed is dependent on the network and not the exchange. If anything decentralized exchanges gives you the liberty to determine thee you pay since you are making the trade from your personal wallet while with a CEX you will likely overpay for every transaction and cannot control it through RBF.

- Jay -

Many users here are Bitcoin maximalist from their conversations, commonly referring to altcoins as shitcoins. This belief that bitcoin is the only cryptocurrency worth holding has saved many people from buying coins that ended up running down and value and causing losses to their investors.

The important thing is to have an understanding on how bitcoin works and not 'believe' in it cause it is cool to do so and many other people are doing it.

- Jay -

That does not make bitcoin a career it is just a means of receiving payment. You cannot classify the U.S. Dollar as a career cause there are companies that pay in it.

The closest to a bitcoin career would be becoming a bitcoin dev or trader.

- Jay -

I do not think it was a global issue and for the most parts it is alleged that the big retail companies were gouging prices due to all the talk about shortages and possibly they were exaggerating the effect.

- Jay -

Bitcoin is a decentralized cryptocurrency, NOT a career.

What would help those with household responsibilities (regardless of gender) is remote work and flexible work hours.

- Jay -

There could be different reasons for this issue, it could be cause the second transaction has not gotten the required confirmations for it to reflect in your balance. Coinbase requires at least 2 confirmations for a transaction to be spendable as a security feature, this means that a transaction can de confirmed on chain but not yet on your coinbase account.

To avoid worrying about your bitcoins, use them on a non custodial wallet like electrum.

- Jay -

Ledger is a poor option for a hardware wallet.
If you feel the need to enhance electrum's security, you should get a spare device that will form your offline, cold storage (air-gap). It is safer than a hardware wallet.

- Jay -

As a decentralized currency it plays the role of an unregulated alternative to fiat. The younger generations does not have to be fixated on the banks and solely dependent on them cause of the emergence of bitcoin.

You earn bitcoin, not earn money through bitcoin. Bitcoin is money.

Bitcoin does not create jobs and does not fix the economy of a nation.

- Jay -