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June 25, 2024, 03:22:43 AM *
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121  Economy / Gambling / Re: [Just For Laugh] What kind of advice is this? 😂 🤣 🤣 on: June 13, 2024, 06:02:01 AM
No one needs to be wise to know that this advice is foolish because even primary school pupils will advise better than that. Using risk to pay a debt is risky, so the advice should be the type one should consider dead on arrival. First, I blame the guy who would stoop so low to borrow money to gamble, that is a very bad idea, as for him to continue to borrow money to gamble may result in more losses and more debts. We all know gambling, which includes the parlay he was advised to bet, anything betting is not what you can guarantee, anyone may lose at any time. Luck is obviously needed here, especially when you are desperate for money, the fear will surely be there. But luck as it is is not what you can vouch for, it only visits those it blesses randomly.

My advice for the debtor is to stay calm and not get himself frustrated but find the right alternative to pay it back. The person who could borrow $6,000 should have a good income and a repayment plan. So he should try to chart his repayment plan even if it will take ages...lol.  After all, debt is not a criminal offence.
122  Economy / Gambling / Re: How high is the probability of accusations vs. casinos in BitcoinTalk are true? on: June 13, 2024, 05:45:33 AM
All of your points are something we must look at specially the calling for FORUM ARBITRATOR because bitcointalk is gathering so much issues about scamming so we should have our panel here to  face these cases.
This doesn't make any sort of sense whatsoever. I have no idea why you guys are suggesting forum arbitrators when there are forum mods already available and the fact that this is a free forum.

Stuff like this was suggested before too and shot down for the reasons that I stated. None of this will ever change in my opinion.

This doesn't exist by name, but I think we really have them in the forum, and they are the DT members. DT members are trusted individuals expected to make sound decisions to protect the forum and its users. As long as there is enough evidence presented by the accuser, the DT members will support it and paint a red tag to the accused casino's BTT profile. This system is quite effective because people in the forum are aware that once a casino has a red tag, it is a casino to stay away from.
@Haunebu, forum arbitrator? Well, I have not seen any serious reason for that, it can only be on the light mood or the guy who suggested it did not know the meaning of arbitrators. I don't know what such a task is looking for in a forum like this that is even trying to keep its head down and do its things in such a way that will be entirely oversight and controlled by it. Not even a forum that is about fiats needs such a thing, not to mention a Bitcoin forum.

@freedomgo, it's true that we have them and this forum came prepared if I must say but trusting the decision of many of them after all I have witnessed on the forum? I don't think so. The moderators are doing great but may include the reason why they take some actions to make it fair and the mistake avoidable next time. But for the DTs, I think some of them are power drunk, oh yes, I mean it and I don't think it's uncommon they use the power as an instrument to deal with another. Is that what we call fairness? This is the only reason why I think an independent judge or whatever they will call it may be needed.
123  Economy / Trading Discussion / Re: Achieving a goal on: June 12, 2024, 06:45:59 PM
While I don’t wish anyone to make any losses, the truth is that most people tend to learn the hard way. If someone is a beginner and is too confident or even full of themselves that they don’t know you can never learn enough, it is only a matter of time before they become humble. Losing money makes people to slow down and follow a safer route. So yea, most people may have to learn it the hard way.
Sometimes the difficult method must also be considered easy so that a beginner feels enthusiastic about learning because sometimes some beginners will often feel bored when they think it is difficult to learn something that they basically need. Difficult things can always be solved by everyone's high will, so there is no need to think of them as difficult because it is part of the learning process for all beginners who want to make a profit through trading. Although they also have to understand that the risk of loss is not always far from those who are already lucky.
I have a contrary opinion to yours bro, it is better to fake it for me as though it was difficult but to find it easy eventually by myself than for you to tell me it's easy only to later discover it to be difficult. Mental preparedness is what you are not considering here but it goes a long way. It is one of the main reasons people give up on trading easily when they find it tougher than they expected. The easy way they picture it is even better these days when people can easily use Google to verify every claim, this is unlike my days of learning (2 decades ago), it was worse to the point that they would convince you that it's like going to the ATM machine with free access ATM cards. But the reality is always different.

Although the theoretical aspect is not difficult at all, and within a week or two of serious learning, a serious person could know virtually all that is needed to know. But the issue is in practicality, you must be wise and smart, and also be mentally and financially ready. But sadly, it's a very few who can qualify for that even if they learn from today till eternity. This means that trading needs more than mere learning, it needs you on how you can completely engage it systematically and dynamically. But most people are not just patient or prepared for that.
124  Bitcoin / Bitcoin Discussion / Re: Parents on childs savings bank accounts are waste of time if not saving on BTC on: June 12, 2024, 04:36:03 PM
Let's not pretend that Bitcoin is the messiah in the financial world, if you do, your bad vision will soon become a reality for you to know. This is someone's sweat we are talking about, so let's be sensitive with the kind of advice we give. For Bitcoin to have been growing so well for the past decade doesn't mean it can't have its own challenges as time comes on. Do you know the future? That's the issue. What all of you guys with the same mindset are saying is not even speculation but guesswork through your beliefs, which could easily fail you. What if Bitcoin is not more than $50,000 in the next 13 years having bought it at $75,000? What would the child would the child do?

Also, having unchallenged access to an investment is a risk on its own because we might not be truthful to our plans. A little challenge might cause the liquidation of the investment if care is not taken, so those parents who are arranging some future packages for their children are not fools and there is no future package like that without interest. If at all they do not want to invest the money in one plan due to fear, especially inflation, such parents may diversify in many investment plans which include, buying shares, land and properties in the name of the children. They may also buy Biticoin but it should not take the whole of the money. With time, these will appreciate more instead of gambling the future of their children solely on Bitcoin which is still very young. No one knows tomorrow.
125  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you bought AI tokens? on: June 12, 2024, 04:16:35 PM
Omni Network (OMNI)、Numerai (NMR)、SSV Network (SSV),they seem pretty good.
First, AI tokens are not generally bad but we need to be careful about them, at least for now. The fact that we are in the technological age where AIs are being developed means that AI tokens might appreciate so much in the future, but certainly, not soon as many might believe, the token doesn't mean the bot itself. We have quite a number of them now but I was late in buying the one I own now. I only bought the AI token due to its name, but I was so wrong. If I didn't limit the loss, I would be losing almost 50% of my investment now which has never happened to me in my quest for crypto investments. So, it is still regretful buying the AI token.

Besides, what struck my attention are the listing tokens above. Did you mean that OMNI is an AI token? You will be so wrong in this regard. This is an L1/L2 project and I bought a little after its listing a while ago.
126  Economy / Exchanges / Re: Binance reaches 200M users with $100B in assets under custody on: June 12, 2024, 01:14:33 PM
Lol...it's good to doubt though but I don't know why they should lie, the company was great already. Late last year also, they announced 170M users, I don't think they can be using this to gain more popularity because they already are, everyone wants to use Binance. Also, don't forget that there is investigative journalism, those billion-dollar news outlets (Reuters, Bloomberg, CNBC etc.) have their contacts everywhere, and they have their ways to verify some claims. It may be detrimental if Binance claims such a thing when it is not real.
They have a big reason to lie because they have been losing customers like recently the Philippine and Nigeria gov't banning them. I would be skeptical since Binance have been facing lawsuits the expenses to pay those legal battle are expensive and Binance isn't transparent on their finances.
Are you kidding right now? Do you mean lawsuit cost is a big deal for a big company like Binance? That must be a joke. For records, lawsuits and even heavy sanctions are common with big companies, there are also many legal runnings and issues that have nothing to do with allegations and sanctions which are normal to them. Won't they push it through? That is just no reason for me.

But about not being transparent about their finances, that is not peculiar to Binance, you don't trust any company 100% and I am not here to defend what I can't prove. But believing that they are not sincere with their utterance even when you can't be sure of that doesn't make you any better.

However, I don't know of Philipines, but for Nigerians, I am certain that most are still using Binance because none of the Nigerian friends I asked stated otherwise. The Nigerian authorities blocked the P2P system, but that is not the only service that Binance is used for. They (the Nigerian government) also blocked the domain but left the app perfectly running. So, nothing is to be worried about here.
127  Economy / Exchanges / Re: [Closed] ZeusMEX — instant cryptocurrency exchange. on: June 12, 2024, 10:57:41 AM
Even though I cannot substantiate this line of thought, I really feel it has something to do with the authorities. The closure was sudden considering that they rarely even started. Every business takes sometimes to become profitable and a business of this magnitude should have envisaged some challenges at the beginning if there were no external factors at play here. So my best guess is that they ran into problems with the authorities which might have made the investors incur some losses in a business that is just getting started.

There is no conspiracy theory here. It’s just that our investor had financial difficulties, this is not related to the project, but due to family circumstances of our investor. Therefore, we spoke honestly about this and suspended work a few days ago.
Life is a challenge and any unforeseen circumstance could happen at any time, so I quote understand you even if many do not. I wonder how someone will establish an exchange with as little risk attached as yours and abandon it altogether without trying to patch things up (even with manageable challenges) if there are truly no overwhelming reasons for that. This is sincerity I see and it is better than paying "Paul with Peter's money.

I wish your investors' family a speedy financial recovery and don't forget to resume here if everything is solved.

Except this, they did not have any other intention at all.
I don't know about that, but I know this new small exchanges are opening and closing faster than Usain Bolt Tongue
For example another similar exchange (you know about) called Jokerchange, or something like that, just renamed their ANN topic to Remove, deleted everything, locked it, and their website is not working anymore.
Their topic was created on May 30, they are gone already and they didn't post a single explanation about closing their business:
https://bitcointalk.org/index.php?topic=5498344.0

This is not a normal behavior.
I won't judge anyone by the general occurrence or at least what people perceive to be so. Nevertheless, do you view any reason on sight? Regulation?
128  Economy / Trading Discussion / Re: What happened to the crypto market? on: June 12, 2024, 10:39:52 AM
The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.
The Bitcoin market did not surprise me at all, as a trader of many years, I know there will never be an entire dominance of the bears or bulls in the market regardless of what the prevailing trend states. So a fake pattern, sideways, range, retracement/correction and indecisiveness will always be seen in the market, it now depends on how smart and prepared you are to recognise them and act accordingly.

The fall in Bitcoin since late last week, especially the one that happened yesterday was not without warning, you may check your trading chart for that, and if at all, price action was able to detect it on the 4H, 1D correctly. What else does any trader want? This is why I often advice us here to be the friend of our charts, and the more we learn how to use it, the more it will guide us correctly.

As we advance, today will determine a lot more, if today's candlesticks could close positively, then there is hope, this is especially true as Bitcoin has not breached the daily chart Fibo level of 23.6% at $65,450. A breach below the level will cause more harm to Bitcoin and might drag it towards $60,000 or below once again.
129  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still to Invest into meme coins? on: June 12, 2024, 09:01:45 AM


There are some betting you will make from your assets, it will not going to be a waste, because there are some memecoin are very good and if you invest in the due time, you will going to be among the lucky investors that will going to achieve income from the memecoin investment. Try to make a good choice on your memecoins investment, because the memecoin that will going to increase higher in the future, it will carry population of investors which is another way you can use to identify potential memecoins in the market. If you don't have the knowledge of making a good choice, you can make top altcoins like Ethereum, Solana and BNB your choice which are very good for investors to increase their income.

Yes, it's true that we have to invest with always positive thinking so that we get profits regardless of that Binance offers many options where you can buy several cryptocurrencies including memecoin and always be careful when buying memecoin, and that's what you need to pay attention to when you invest in making good choices.


Positive thinking is not making any difference, you just need to make smart decisions.
You actually "nailed it by the bud" and you are right in all ramifications. It is good to think positively because thinking negatively will be bad, nevertheless, let us leave it to the motivation of being optimistic because it will be so gullible and self-deceiving to believe that your positive thinking will make a change. That will definitely be in your dreams, my friend. You can only act before anything can happen, and even as you are acting, you must ensure that you are acting rightly, otherwise, it will still end in a failure.

This is where the smartness comes in, so you are very correct with this simple contribution.

In crypto investment, we should outsmart every circumstance and do the thorough research so that we can act rightly in a way that will eventually average our success. Although no one knows it all in this context since luck also plays a huge factor, this is why we may think positively of our choices in terms of having faith but never "leave any stone unturned" in the aspect of the needed wisdom and expertise/skills required of us.
130  Economy / Trading Discussion / Re: My trading diary on Binance on: June 12, 2024, 08:36:15 AM
Hi everyone, I want to keep my trading diary / sometimes just post trading setups ideas. The goal is to learn, to instill discipline, to become a consistently successful trader.

I trade on Binance - 1/2% risk no more than 1 trade.

If you use my trading ideas - do it at your own risk, I am not responsible.
Oh, nice and I wish you good luck on that. I wanted to do a thing like this when I newly joined the forum but the discouragement witnessed from people as a new user made me abandon it. One of my goals was to prove to people that trading is indeed profitable but since I wasn't well noticed then, you know Bitcointalk users, they started their discouraging talk. I hope you push it through.

But before I go, I like to ask you a few questions;

1. Since when have you been trading?

2. When have you been trading with this particular strategy/plan?

3. What do you mean by 1/2% risk? I noticed that it is not rightly written as it should be in the world of trading.
131  Bitcoin / Bitcoin Discussion / Re: Bitcoin has higher market cap than the three biggest banks in the world on: June 12, 2024, 08:15:06 AM
While scrolling on coinmarketcap, I've seen this post of watcher.guru that Bitcoin has a higher market capitalization compared to the three biggest banks in the world, even combining them all.


X link source: https://x.com/WatcherGuru/status/1799853290538365141

Based on: https://companiesmarketcap.com/assets-by-market-cap/
Here are their current rankings:

Bitcoin currently ranked at #9
JP Morgan Chase ranked at #16
Bank of America ranked at #35
ICBC ranked at #45



I do hope that people will realize the full the potential of Bitcoin. It has surpassed the combined market cap of these known banks globally and if they value their money, it's not too late to invest in Bitcoin. Everyone is also free to check out that link above about to see what are the other notable and top coporations that has surpassed by Bitcoin in terms of its market capitalization.

PS: Ethereum ranked at #24 which is higher than the two above.
I think before you guys write in support of what you read online, especially the social media handles like X (formerly Twitter) you should first verify the claim so that you are not writing nonsense. I don't know how you can prove what you wrote in favour of Bitcoin here and I do not know why you guys can't just let Bitcoin be and stop comparing it with everything. It was all about the Gold comparison before, however, with some true support from unbiased people to prove Gold's supremacy overall, such comparison has subsided but seems shifted to other things like the world's bank. This is laughable.

Well, if you must know, only JP Morgan Chase bank will buy the whole of Bitcoin almost 3 times over. The bank is worth $4 Trillion dollars according to their official report, with $303B in shares and $3.7T in assets.

Do you still have something to say about this?
132  Economy / Economics / Re: The government cares for no one but waits for you to get rich for taxes paying. on: June 12, 2024, 07:57:06 AM
My question.... If the government could find utilizations on the citizens for taxations on generating funds for infrastructures and other government services , why don't they invest on the citizens or support those with the potentials to productiveness knowing quite well that once they makes success, they would be demanded to also contributed to the growing structures of the economy?
What the government knows is that if a successful individual refuses to comply with the government order, they will get you frustrated tending to fold your productiveness qualities or you go to jail.
You know what? I thought of this many times in the past, this tax of a thing is selfish at times. Could you believe that till today, I can't say that I have benefited a single cent from the government? This is bad. Not for educational aid, health, or even any social intervention, it has always been struggling here where people have to think beyond the circle to make money as gainful employment that will be sufficient to solve your needs and those of your family are so scarce.

Upon all, the government continues to collect tax in various ways, and if I count it correctly, maybe in 4-5 ways for ordinary citizen (excluding employment tax and others). Recently, they still came up with a useless Cybersecurity tax, something that is the sole responsibility of the government to bear. They wanted to tax us 0.5% extra on all electronic transactions in addition to VAT and others, but people fought it fiercely and they had to abandon it. This is to show how cruel and insensitive they are despite their high corruption, negative economic remarks, insecurity, you name it.

I thought of this tax issue one day and I thought to establish my company (if God bless me with one) in another country where most benefits will be there rather than in my country. This could sound cruel to you but nothing encourages me to pay my taxes in my country just because there is nothing appreciative I can think about my country if I flashback except pain and regret that I am a citizen.
133  Economy / Speculation / Re: Donate $100 the day bitcoin hits $100k. on: June 12, 2024, 07:38:59 AM
I have my own way of helping poor people, I always take care of their feelings so they don't feel embarrassed when they receive help from me. Every time the money I want to donate has reached the maximum figure, I will give him a job such as mowing the grass in my yard even though I can do the job myself.
The habit that I often do is by asking them for help to buy rice or other primary needs, I always ask them to buy two packages at once. When he returned, I gave him a package as a thank you for helping me. I think this way can protect his feelings and not feel embarrassed about accepting the donation, I always say it is his right because it has helped buy the things I need.
I must say I like this angle of yours, though I do similar things myself but I do it ignorantly unlike you who is deliberately doing it to avoid them feeling pity for themselves, that's good. I have learned this today because I like to improve in mine and do it more often where my needs would be met by those I know that are in need but pay them like 3-5 times higher than what they deserve. This is putting smiles on the face of people and still let them believe that they earned real good for their work, unlike giving it entire for pity when they did nothing for you.

The act of kindness doesn't have bounds and when you are a kind person, it is not difficult to know. I also like to be free/flexible about this, unlike what this thread is preaching. I do not like to give only for a certain event or celebration. Giving is an everyday thing and once you have and see people in need, you should never stop giving. Doing this over time, you would have given way more than those who are just doing it just to celebrate or mark some festival/event.
134  Economy / Speculation / Re: $120,000 Bitcoin is going to happened? on: June 12, 2024, 07:21:04 AM
I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?
The truth is that the $120,000 is very feasible to be hit by Bitcoin, even in this current bullish season, but we should also think minimally and apply some caution so that it will not mislead us. Besides, let me sound this as a note of warning to you, no one knows what will happen in Bitcoin emphatically, we are all trying to speculate. For this, anyone whose speculation is not constructive enough should be disregarded. Fine, you heard that Bitcoin would hit $120,000, asking how from those who said so is a very good way to start. This is how you know they are serious with their utterance.

But for me, the market is difficult to speculate at an upper end that it has never reached before and I believe those who are predicting such are only doing some kind of guesswork. This could be based on the assumption of what they feel have happened and using it to guess what could happen afterwards. But the market doesn't work like that, it can disappoint the most promising guesses at times.

Lastly, we need a break of the current ATH at $73,830 to start with, and if that level could be breached successfully with a serious bullish trend confirmation, then $100,000 may be possible over time before even thinking of the $120,000.
135  Bitcoin / Bitcoin Discussion / Re: What will Bitcoin look like in the future? on: June 11, 2024, 08:15:22 PM
What is the future of Bitcoin?

We know where it was in 2009, where it is now (2024), but where is it going?

Will it make everyone free? Will it be regulated and become government controlled?
So many questions you have there, but let me try to answer all of them as summarily as possible. Fine, Bitcoin has made tremendous success between 2009 and 2024 as it moved from almost nothing to the ATH of about $73,850 this year. It is still promising on the bullish path but any right-thinking person should know that it can't be business as usual for the coin. The way Bitcoin was moving in huge multiples those years cannot happen again because the price is now heavy, otherwise, it will become inflationary and become a joke rather than what people wanted it to be. But still, it will continue to climb higher, only that the pace will be so reduced, unlike the huge targets that the unfounded people are calling for it. Also, in this current bull run, if the coin can hit the $100,000 psychological level, it will be a very good achievement even as it will face a whole lot of hurdles before such would happen.

As for Bitcoin helping everyone to gain financial freedom, I tell you emphatically that it will not happen. That time has passed and even if someone strikes Bitcoin at $70,000, who knows how many years it will take before the coin will reach twice the price at $140,000? That can't ascertain financial freedom anymore or hedge inflation.

But for the regulation, well, Bitcoin can't be regulated directly because it is out of the control of the government since it is a decentralised blockchain. But indirectly, we should expect more regulation, and whether we like it or not, Bitcoin can still be indirectly regulated and this will happen in the strictest form over time.
136  Economy / Speculation / Re: When will the bears take advantage? This bull run lasts so long on: June 11, 2024, 07:56:54 PM
Don't be misled by the current market fluctuations. A bull market is on the horizon. Hold on tight to your Bitcoin and altcoins until we see a significant surge. The cycle isn't complete until the bull market arrives what we're experiencing now is just the beginning.
Bitcoin could be the first option that should still be maintained in the current conditions because the potential for a larger price increase is still very possible for Bitcoin. But for altcoins, I think everyone still has to filter them to find out the best ones, unless the altcoin is already a top altcoin in terms of volume and also in terms of fame through the development of its own network. However, for Bitcoin, I think there is no need to hesitate to keep holding it until the bullish cycle is seen again in the market with a significant price spike.
I do believe that we are going to end up with something that will take a while but I think you are definitely right. The amount of people who doubt bitcoin is beyond my understanding, of course it will take a long time and of course it will go up, all these people who think that bear will come back now, are making absolutely no sense at all, of course it will not make a comeback, we are not even half done yet, we are going to see 100k+ easily.

Halving doesn't go into effect before the year ends, it is not really something that ends this quickly. We will have a great 2025, and then eventually after it peaks at 2025, it will start to drop more and more, 2025 will see a lower price eventually from the peak, and then 2026 will be a horrible year.
Well, let us enjoy it as it is now and hope for the best later. However, I will not take a serious side now, so I will not be condemning those who are expecting the bearish trend, they are also right if they can prove it. The only difference is that we are still in the bullish phase in the widest scope and any bearish threat will only be temporary which I will always treat as a correction of the long-term bullish trend, and I will hold this disposition till the mid-2025. Nevertheless, we should never be too trusting of Bitcoin as well, what if anything unplanned happens? This is more reason why we should not take some bearish patterns for granted.

You can imagine what happened today, Bitcoin moved almost $4,000 downwards as if it was nothing and by virtue has made it to be bearish in outlook, at least for this week. So when anyone calls a bearish threat, you should rather visit your analytical means rather than believe that they are jokers. I've been facing the reality of Bitcoin since I knew it and it has helped me to complete many trades (both buy and sell and earn from them instead of believing in the bullish path alone. I intend to keep it this way even as I obey what my chart tells me above what I feel to read/hear about the coin.
137  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins have you blacklisted? on: June 11, 2024, 08:13:21 AM
Has anyone blacklisted any altcoins recently?Share your blacklist! Let's help each other steer clear of trouble!
Blacklist? I have never backlisted any altcoins, and this could be for the reason that I do not venture into coins' investments anyhow. I do my thorough research and even if they've not been performing yet, they would later, so I do not even go near the blacklisting, it's a huge word to say the list. However, there are many coins/tokens I will not go near, and I collectively call them shitcoins. This shitcoin of a thing is also subjective, which is why what many would call a shitcoin may not be shitcoin to me even as some people believe that all altcoins are shitcoins which I will never agree to.

Nevertheless, I don't think that I am ready to look at the coins below the market cap rating of #500 in ranking no matter what the coins pose to offer me.
138  Economy / Speculation / Re: The BTC stability on: June 11, 2024, 07:54:51 AM
I like your thought about Bitcoin and it is unlike many people who are always blinded by it. Perhaps this is due to what they are reading and hearing from friends and online and through the past histories of the coin.
Well if history is anything to go by, bitcoin is definitely an asset worth your time and money. It's not like it only happened once, in bitcoin's 15 years it has given way for many people to make profit.  in the past bull runs, bitcoin's price rose significantly.
You talk like someone that is not deeply rooted in trading, it is not respective of how many times histories look similar but the warning towards the time of deviation. Nothing works perfectly even if they have done that before and what is happening with Bitcoin recently should have hinted to you of this. This is how every asset behaves, so Bitcoin can't be an exception, it is only a matter of time before everyone knows this and faces the reality.

Fine, Bitcoin has had some beautiful patterns/cycles in the past, but it is due to the fact that the people in control then have the same mentality/ideology towards it, so they turn it into a tradition which makes it behave in certain ways in cycles. But things are changing, especially this time that Bitcoin is now being majorly controlled by institutions and not by the old whales as people called it, who understand and manipulate it the same way, and also preach the same to adopters.

How it behaves at the weekend should have also told you something, it will get to a time when it will not be business as usual, nothing happens in the past that will always be replicated in the market, it is not possible, it can only take time. The earlier we plan for it, the better for us as no asset can always be behaving in such a way that people will always be able to cheaply predict it as it was in Bitcoin. If it continues forever this way, then it is not dynamic like other markets, which I will never believe. Expect more deviation soon!
139  Economy / Exchanges / Re: Binance reaches 200M users with $100B in assets under custody on: June 11, 2024, 06:44:30 AM
A big company like Binance that has maintained the lead in the crypto space for this long can't be underestimated. I have always known that the distrust, lawsuits, regulations, allegations and other lawsuits were not going to stop the flourishes of this company because it is top-notch on its own and people do not avoid a thing like that, quote me anywhere. I am not surprised about this great achievement because Binance is not the first company that will face all listed above, but guess what, in a few years back, you would have seen them tripling their success, that's the world for you.

However, what helps Binance better these days is their more social engagements and the new project affiliations like Notcoin, Tapswap etc. All these are happening virally and Binance is doing well in engaging people with them, there is no way new people will not see it that way. And if you would agree with me, this kind of project where you get free money will always attract new converts, so what do you expect?

Besides, one thing I will give Binance is that they've been up and doing, they indeed understand the game.

200 million is a self-reported number but do you believe that Binance really reached this number? I think that Binance is bluffing because they are known for their shady practices but if it's really true, then it's a pity if so many people put their money on centralized exchanges after everything that happened to many centralized exchanges.
Lol...it's good to doubt though but I don't know why they should lie, the company was great already. Late last year also, they announced 170M users, I don't think they can be using this to gain more popularity because they already are, everyone wants to use Binance. Also, don't forget that there is investigative journalism, those billion-dollar news outlets (Reuters, Bloomberg, CNBC etc.) have their contacts everywhere, and they have their ways to verify some claims. It may be detrimental if Binance claims such a thing when it is not real.
140  Economy / Economics / Re: Leadership and Economics on: June 11, 2024, 06:04:09 AM
The figure of a leader is very important for the economic growth of a region because the rules he makes will boost the rate of economic growth when it occurs effectively. investors will also feel comfortable with the right leader because their trust in their funds is well maintained, now there are many examples of countries experiencing good economic growth because they chose the right leader

what about you, do you agree with the right leader can make your life as a citizen, businessman or an investor comfortable?
You have a point there, leadership is key, and it determines a lot in an economy as good policies and management will always shape the economy for the best. But do not also forget that "when the foundation is bad, what can the righteous do?" Many countries of the world are suffering bitterly not because they lack good leaders at present, but because of their bad foundation. The system is not working and the citizens are not even helpful with their selfish attitude.

In this situation, though, everything may still get back to normal over time, but it might take many leadership succession before it happens. People often compare the developed nations in this situation but not regarding the fact that they have a good foundation and their system is working. In this condition, the leaders who are not so serious may still put things right, which can't be compared to the first example. It now gets worse (if not worst) if a bad foundation and system are now cursed with bad leaders. This is what is happening in some African countries. This is indeed a sorry situation.
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