Bitcoin Forum
May 25, 2024, 02:28:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 109 110 111 ... 136 »
1201  Bitcoin / Bitcoin Discussion / Re: Bitcoin in a good shape? on: September 09, 2020, 01:49:34 PM
Bitcoin is really in a good shape in the end of 2017 and in the start of 2018, which is I don't see it coming right now.

It reached $12k last month but it didn't last, people still hold and didn't mind the sudden increase because they know that it will not be the next ATH and the increase is not that profitable for them. I don't think that bitcoin is in a good shape right now due to an economic crisis. I think bitcoin will only become in a good shape in the end of year 2021 due to the recovery of those economy in each country.

Bitcoin is unpredictable and it is really hard to say what will happen next, we don't have any idea but if you are knowledgeable about the market then maybe you will have a perception towards this.
1202  Other / Beginners & Help / Re: Why are scammers everywhere, it is obvious online on: September 07, 2020, 09:10:17 AM
Actually, those are the people (your friend) who are searching by the scammers. And scammers always do this even it would be regulated. And that is happening in this earth. They always find a new technique to do a scam. So I think regulation will not stop them completely. but may help to lessen the scams.

Scammers are intelligent, they are not just a scammer, they are thinking about how they will fool people using different platforms. They know that there are a lot of internet user who are circulation in many platforms. They see that social media is the best way on how they will make money with it. There are a lot of ignorant user in social medias so that it is the best platform that they are effective for them in making money.
1203  Bitcoin / Bitcoin Discussion / Re: Bitcoin for blind people on: September 07, 2020, 08:25:27 AM
Bitcoin is free for all people, especially for those who are willing and dedicated to engage to it.

This is a good idea so that anyone can access it and there's no such thing that could prevent them from investing on bitcoin. No matter what your situation and disabilities are as long as you are willing to deal with the market, you can do it. Especially that our technology nowadays are really advanced and still in development so it is really not impossible to see this kind of adoption.
1204  Bitcoin / Bitcoin Discussion / Re: Biggest Bitcoin giveaway scams and how can you avoid them on: September 07, 2020, 06:22:44 AM
I follow Elon musk on twitter and the amount of posts that are inundated on his feed with these scams are crazy. Still there are so many people that are falling for them. Mostly it will be the new ones in crypto getting scammed not the ones who know what to look out for.

There are a lot of celebrities who was been used in scams like this.

Elon Musk is not the only person who are used in these fake schemes in twitter. They say that they will double your bitcoin once you send them first which is very sketchy. FAKE GIVEAWAYS are really obvious and if you are aware and knowledgeable about that, you will not become a victim of these scams. Newbies should be aware and don't engage easily on those schemes that criminals are using to steal your money and fool you.
1205  Other / Beginners & Help / Re: There is no ceiling or floor on: September 07, 2020, 05:49:28 AM
Yes, everything is possible, but the problem with newbie is that they think that bitcoin is a "get rich quick scheme", and this thread is a good start for newbies to understand that it is not, although there is that possibility that it can reach as high as $50k or decline to $1k. And there's no such thing as a continuing rising curve, bitcoin is a speculative asset so there could be a time that the price will decline or increase massively, but no parabolic rise.

They really defy patience, they are greedy and they think that bitcoin is an instant money.

Which really makes them become disappointed to it that's why they are doing it the wrong way. Patience is what we need because bitcoin doesn't work like what they think, it is not an easy money. You need effort and mindset so that you can make your investment to it much better and worth it. Nothing is impossible if you are determined and wise in making decisions that will help you grow your investment.

In the sudden increase in bitcoin last month, no one is expecting that but it happen so just become always updated in the market and be optimistic.
1206  Economy / Economics / Re: Socialist life on: September 07, 2020, 04:46:13 AM
I Don't mind this what you think?

I would definitely not want the government to have full control over the economic market of my country, corruption and nepotism are negative factors that would limit the citizens.

This is what is happening in most of the countries around the world.

Governments have full control when it comes to manipulation in the economy that's why most of the politicians are suddenly becomes rich due to corruption. They are uncontrollably abusing their power due to this socialism that they are saying. They can't handle the temptation to steal the money from the people, they are just using it in the wrong way that's why economic crisis is still there and they are having a hard time to eliminate it.

Citizens are suffering, especially those poor people who are just relying on the government's support but still the economy are really affected by mishandling of budget.
1207  Economy / Economics / Re: 2020 Money is king Again Good news on: September 05, 2020, 12:19:01 PM
Only Thing what will matter is Money!!

This statement somehow really have a point. Nowadays, most of the things in the world which are necessary to live and the things that you want can only be acquired when you have money. That's the reality that we need to accept, and YES, there are things that can't be bought by money but we need to understand that we can't live without money. We can't sustain ourselves if we don't have any source of profit or income that will help us to buy our needs. That's the hardest truth that we need to deal with but right now, jobless people are increasing due to the fact that this pandemic can affect businesses and the economy and it is really hard to earn money with this crisis.
1208  Bitcoin / Bitcoin Discussion / Re: BTC is Going to "DEAD....!" Need Discussion..... on: September 05, 2020, 11:48:50 AM
I agree - quick sell all your coins now while the price is low. If you ask me nicely, I might even buy them from you to help you out.

For me, I'll prefer to hold than to sell it in that price.

I believe that bitcoin's price will increase again and it will reach another ATH again maybe next year.

I'd rather hold it than to sell it because this is the only asset that I prioritize. I also hold altcoins but I must say that BTC is not dead because it reached $12k last month which is a good sign that bitcoin is really moving. The only question is that, until when we will hold it? Predictions are hard to rely on but the important thing is to hold your btc as long as you can.
1209  Economy / Economics / Re: US economy will continue to recover - Powell on: September 05, 2020, 11:13:11 AM
Gov is ready to save companies from bankruptcy but what did it cost? Tons of newly printed money and increased inflation rates

Inflation is an another problem if they will continue to print money.

If governments are not that prepared and they don't planned properly on how they will execute it to help the economy, probably they will have a hard time to make the economy recover. I just don't get it while people are relying on making more money that can increase the demand for people and businesses will be relieved from bankruptcy.

That really costs a lot and they need to consider other factors and results besides this inflation.
1210  Economy / Economics / Re: PornHub now accepts Bitcoin and Litecoin (News coincides with BTC decline?) on: September 05, 2020, 10:43:36 AM
Bitcoin is a bad fit for porn... Credit cards work WAY better.

Isn't it a good thing for bitcoin adoption in some other platforms online?

Porn industry is really popular nowadays due to the fact that people are exploring it and most of them are watching it. Let's be honest, almost everyday in the world, there are people who are accessing it. If bitcoin can be used to it and bitcoin can be adopted in this way, it is more likely that this cryptocurrency have a lot more to explore with.
1211  Bitcoin / Bitcoin Discussion / Re: Bitcoin is here to stay on: September 05, 2020, 09:37:54 AM
The first step to bitcoin adoption is to accept that it's a currency. After all, it's competing against fiat money, which is also a currency (in terms of the goal to decentralize the financial system). Imagine inventing the time machine, but after introducing it to the public, it was accepted and used as a teleportation machine instead. That time machine will never serve its purpose. 

A lot of people do still think that bitcoin is not a currency due to its volatility in the market.

But when you connect it in to the use of fiat in terms of the market, bitcoin can somehow have a huge difference to it.

If you are knowledgeable about bitcoin's capability of making someone become successful and you are not affected by other people on how you use it in the market. Therefore, you are in the right path and you are treating bitcoin and using it in the proper way. You are trusting it and you are treating it just a normal currency that you make as an asset for your investment.
1212  Other / Beginners & Help / Re: How to be useful to the forum ? on: September 05, 2020, 09:05:58 AM
Simply put... Learn, then spread your knowledge to help others.

Keep sharing the things that you know but other people must need to know in this forum.

We have different knowledge and perception towards bitcoin and the things that can affect its price.

Sometimes you just need to contribute in this forum so that everyone will benefit the information that you've shared. A lot of people in this forum especially those newbies, do really need a lot of help and guidance towards success. You just don't need to aim for money, and the payments in the campaign, you just need to do your thing.
1213  Economy / Speculation / Re: What affects the price of bitcoin and other cryptocurrencies on: September 04, 2020, 07:16:28 PM
Being updated with that is happening around the world can somehow make you knowledgeable about the sudden changes in bitcoin's price and other cryptocurrencies.

Price of bitcoin is easily affected due to the fact that it is volatile in the market.

Some issues can really affect bitcoin due to the connections and factors in the market such as demand about oil, other products, banks and etc. You can't deny that bitcoin is really risky to invest with but if you are courageous to make it grow and you are confident about how you perceive the future of bitcoin and the factors that can affect it, then it is good for you.
1214  Economy / Economics / Re: The pros and cons of going cashless on: September 04, 2020, 12:23:16 PM
Going cashless in the modern world will make the division between the poor and the rich gigantic. I think some 50-100 years should pass to make the system fair.
Going cashless is all about the advancement in the day to day use of fiat. There is nothing to associate the cashless accessibility along with the economic situation prevailing with the people. There is nothing as, cashless system is for rich/poor. All levels of people can use it for the good. The system is fair, and the change is being felt now.

Cashless are really good in this kind of situation due to the risks of getting the Covid-19 disease.

On the other hand, there are still people who disagree in this new system of transaction due to not all people are into the use of modern technology.

But we need to adapt, we need to adjust so that we will not be outdated and become in to the use of new technology. Hopefully, this will be the proper way for people to see the essence of cryptocurrency in the market and economy. Digital currencies are appropriate right now due to much more safe, secured and easy transactions.
1215  Bitcoin / Bitcoin Discussion / Re: Bitcoin is now the 6th largest world currency on: September 04, 2020, 06:22:44 AM
You could only classify Bitcoin if it has that kind of price in USD. It would be very different if it has a lower value, which we don't want, of course. But in all honesty, it's not directly correlated to the amount of circulating like the other ones. There's a difference, for sure. What I'm curious about is how it would affect the entire world, and in what way? I'm hoping for a positive impact on those people learning about Crypto.

No one expected for bitcoin to go this far because it is really progressive and still in the process of development.

Bitcoin's price can affect the market and the economy due to its existence as an asset for investments.

It can still be developed and become more than that. We never know, maybe someday bitcoin will become the 1st largest currency in the future. If it becomes the 6th based on your sources and post, it means that it has a lot of potential to exceed that. That's why as soon as possible invest into it.
1216  Economy / Economics / Re: bitcoin purpose why and for what this is the reason on: September 03, 2020, 08:20:12 AM
If you are just asking for donations here, I don't think someone will initiate to ask your wallet address and send something for you. We are in crisis so more than likely not everyone can afford to just give random donations. Better look for potential jobs here in the forum where you can utilize your skill or even these bounty programs, maybe you can earn something but asking for donations? I don't think you will get one.

That's right, if you think that you have skill and you are confident about it, look for a temporary job where you can earn profits.

It is not that bad to beg for a donation if someone is willing to give but it really depends on the circumstances and a person's situation.

Not all of us do have a stable work even if we are in a crisis because jobless people are increasing right now. But going back to the purpose of bitcoin, it is really worth it to invest with because by this asset, it can secure your future. No matter how confident you are but if you're not that knowledgeable and aware why you are holding bitcoin, then you will have a hard time to determine its purpose in the market and the world.
1217  Bitcoin / Bitcoin Discussion / Re: Not so far from getting BTC globally accepted! Pornhub now accepts BTC & LTC. ;) on: September 03, 2020, 07:51:01 AM
Porn industry accepting bitcoin and litecoin isn't gonna skyrocket the market of bitcoin. The industry is wide and has a net value that isn't believable. How this billion dollar market make changes to the bitcoin market need to be understood.

Global acceptance of bitcoin have increased, but this doesn't mean the net value of transactions and revenue is out of the bitcoin usage. This way porn industry has added more power to bitcoin, and that doesn't mean it pushes forward the market.

Some other countries prohibits the access of porn industry in a social media platform or websites just like in Middle East.

So this adoption is useless for them because the government authorities punishes those people who tried to access it.

Global acceptance will surely occur soon, but not that fast because there are still some governments who have a bad mindset towards bitcoin. This porn industry adoption of bitcoin is not also good because there are people who will look at it as a bad influence or bad platform to use with this cryptocurrency.
1218  Bitcoin / Bitcoin Discussion / Re: you're making bitcoin complicated on: September 03, 2020, 07:20:21 AM
Web wallets are unsafe. I use Electrum because of its lightweight on my computer and after install or open it I can use it immediately.

Web wallets are easy to access by those hackers so it is really risky to use them. I settled with using hardware wallets because it is much safer for me and much worth it to store my asset there. I'm comfortable in using it and if I lost my bitcoin with my hardware wallet, it is completely my fault that's why we should always be careful and mindful with it.

Is the newbie's responsibility to learn the bitcoin basics, and not our responsibility to teach them how it works.

It is not that bad to ask and seek help to those people who are more knowledgeable and experienced here in this forum.

But i'm hoping that in every newbie and every knowledge that they acquire, they should also share it to other newbies like them to prevent having a repeated questions.
1219  Economy / Speculation / Re: Is it alright to invest with bitcoin at the current market price? on: September 03, 2020, 06:50:42 AM
Nobody knows the future. No one can guarantee that bitcoin won't or will crash in the next few days. You're the only one responsible for your decision. IMO learn more about it, find the fundamentals and value, whether bitcoin is gonna useful for the future or not, and decide from there. Ony spend the money you can afford to lose while investing, don't risk your lifesaving in it.

Read a lot of information first so that you will not be surprise once you invested your money into it.

There's a right time and wrong time in the market and you need to deal with it so that you handle your assets properly.

Bitcoin investment is much more effective when you know how to perform different analysis so that you have an idea and clue what might happen in bitcoin next. Bitcoin is risky and you need to know that, but the opportunity to invest and regulate it in the market is actually worth it.
1220  Economy / Economics / Re: Next what will happening After money printing on: September 03, 2020, 06:20:29 AM
Do most people think this during a crisis? I don't get the pojt of it. Inflation probably already gone up, if you don't have a plan for a crisis, its too late just accept that and that you need a plan next time clearly...

Aren't they scared about inflation? It can worsen the state of the economy if it occurs.

If the demand increases and people are too powerful and businesses will be bankrupt, then probably economy will sink at the bottom. Printing money is not always the solution for this economic issues. This crisis should be handled properly so that the outcome is much worth it and accurate. Planning is essential in any part of the strategy, if governments are knowledgeable about it and they are responsible for the state of the economy and its people then they will not have a hard time executing that plan.
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 109 110 111 ... 136 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!