Bitcointalk Username: barbara44
Profile link : https://bitcointalk.org/index.php?action=profile;u=555841;
Post Count: ..... (including this one) : 1919
Bitsler Name : barbara44
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I understand that newbies may have some questions, they are free to ask. I have seen people who ask "who makes these bitcoins you buy" as well, he assumed bitcoin was a company that we bought, like it was some sort of stock market situation and we bought shares of a company, he didn't know at all and assumed satoshi nakamoto was a person who sold these.

When he figured it out he liked it more but that doesn't mean he was a bad investor or an idiot when he asked that question, if you are new you are free to ask whatever you want and there is no wrong questions, as long as you are keen to learn more about bitcoin you should be asking about everything. However when there is a discussion about the answer, these newbies are not sure which one of us tell the truth, that is a hard path to overcome for them.

There are people who will always call for a bear run, we can't stop them and that is what they like to do, so we just have to learn to ignore them. Obviously time to time they are going to be right because bitcoin does fall sometimes but they are doing this all the time, even when it goes up there are people who keep saying "it went up too much, it will have a hard fall" while it still continues to go up, so you have to learn to ignore them.

At the same time we are talking about bitcoin here, obviously it is a volatile currency and there will be days when you see it go up 10% and there will be days when it goes down 10% and you have to just be ready for both of them. If you plan ahead for both of them that means you are going to be profiting no matter what happens.

Not all the people here are active traders nor intentional holders. There are people here who loves bitcoins and adopts it like how they do treat their fiats.  Do you ever think about deriving a strategy for your fiats?

I mean if you are already into a level of adoption on which assuming bitcoin for main stream then there will be no point of planning for taking profits. I am enjoying my bitcoins with that kind of strategy. I do buy bitcoins whenever it is available for cheaper prices and also I am spending bitcoins for my living and at price levels which is higher than my buying prices.

Simply, I am not selling my bitcoins for profits but for my living and at the same time, I am enjoying multifold returns for my investments in bitcoins but it takes years of time.

These days lots of platforms started accommodating traders in demo mode like how gambling houses are doing the same for years. Probably the number of exchanges which are providing  demo mode is very less in crypto space but all forex+crypto exchanges are always coming up with demo mode. For beginners demo accounts are always handy whereas I guess this topic is not just about practicing but about experiencing the real heat of market for relatively new traders. So, only demo mode suggestion will not meet the goal of this topic.

Yeah, but all reputed exchanges are good to go with all beginners. Except the level of trading engine's speed and for the concern of less congestion while executing orders, I am also suggesting to go with top level exchanges. After binance and kucoin, I recommend bittrex(KYC is mandatory).

Best advice I can give to anyone who is starting new, restarting again, or have been around for a decade would be to be ready for anything in crypto world.

I have been here for a decade and when defi suddenly jumped and became this billions of dollars worth of thing I was shocked, I wasn't ready for it and I was very surprised as well, defi wasn't a brand new thing when that happened, there was few places that dealt with defi beforehand as well but one day when I woke up something changed in defi world and suddenly they became source for gold. That is why do not really be shocked if anything unexpected happens, maybe tomorrow bitcoin will be 3k and ethereum will be 5k, who knows? Nobody can guarantee you what can happen in crypto, so be ready for everything.

The thing about politicians is that they do not look for what is best for the country, they look what is best for their voters. I have been involved in politics in my nation and I can tell you that if something is bad for the country but gains votes, politicians will do that, if something is great for the nation but loses you votes, they will not do that.

So, that results with a nation being ruled with "what will gain me votes" and that is how they become amazingly popular politicians and when they become so powerful that they could do some failed stuff that will only gain them power but will lose them a bit of votes, they will still be high ahead enough to keep them at their position they start to do them more and more and turn iron fist dictators over time, some nations can prevent it, some nations can't.

You are about 8 years too late to make this statement. Crypto has been favorite of illegal people for a decade now, obviously it is not considered money for the criminals anymore because it is a great financial instrument and people who bribe politicians are involved with crypto nowadays which is why they are not allowing governments to ban it, however this doesn't mean criminals just went away.

We all remember darknet and silkroad, dude made over 11k bitcoins thanks to being middle man for all the criminals and people who hired them. Mainly it was a drug thing, people basically bought drugs online thanks to silkroad. So, as you can see bitcoin and crypto in general was used for (and probably still is) for all the illegal stuff, it is not a brand new idea.

Didn’t know that they did that much for an airdrop. $450,000,000 is a really huge amount. Before now I think the project that did the most was Stellar with their$125,000,000 airdrop, that was a really huge amount. Other ones I know we’re Decree, BitTorrent and Bitcoin Cash.

Well, that goes to say that we can’t tell what the future holds, there are always going to be competition. Another project can still come out tomorrow and try to do more than the one that these guys have done. Whatever , I hope that these guys succeed with their project and not fail. They know what’s best for them.

Maybe they deleted your question because questions like this are being repeated often in this forum. Any coin you invest in can get you profit, they happen when you least expect it to happen. Even the coins that are being called scam and fake like BCH can still get you profit, it’s all about know what to invest in and the right time to invest in it.

If you do that, you’re definitely going to make profit from it. Litecoin is a good choice too, I can remember that the it was a hot cake when people least expected and such thing can still repeat itself this time around. And don’t forget about Bitcoin; BTC is like the GOAT in this market.

Bitcoin is already made in a way that it will suitable for anyone. The main core is decentralization, but there are Centralized wallets and exchanges that makes everything to be even more simple. Just like we have Coinbase which will allow people to send and receive Bitcoin using their email address instead of the main addresses, although that’s only if both parties are using Coinbase.

Right from, I haven’t seen Bitcoin as something that is complex; just to copy the address of the receiver and then you paste it and send, nothing more, it’s still the same as copying the email address that you’re sending to on PayPal, though it’s advisable that you go through it twice or more to know whether it’s copied correctly or not. It’s all about people being ready for it, there are other payment methods out there, and you can’t expect everyone to be using Bitcoin. It’s all with time.

If you’re going to be leaving Bitcoin as an inheritance for your children and family then you should be leaving a means for them to have access to it; the private keys and everything they are meant to have in order to access the wallet and make the claims, if not then it’s as good as useless for them if there is no means they can access it.

If it’s in a wallet that requires passwords, then you should keep the passwords, and if it’s the one that requires simply the private keys, you should put in a safe place where only they will have access to it. And another thing is that you should let them know about it. Some people are fond of keeping things as a secret to their family, and in a case where something happens, their family wouldn’t know that there is such thing left, and it will be as good as lost.

Increase in fees happens when there is a long line of transactions to be confirmed, and there are always people who are ready to pay higher fees to get miners to confirm their transactions first, and as more people are ready to pay even higher fees, the more that this will keep on increasing. But I believe that there is going to be a solution to this in future. It’s best that we just keep cool and keep following with whatever events that are taking place for now.

This is the reason why SegWit was introduced, to help make things faster and easier, as the Bitcoin Blockchain will be able to contain more transactions in a block. This wouldn’t work though, if it’s not adopted. But I believe that the devs are steady looking into this. For now you can make use of wallets that allows to choose the level of fees you want to pay for a transaction.

It’s a temporary case for the market, I believe that with time everything will get back to the top around $400 maybe by next month.

For quite a long time a bull run is being predicted for Bitcoin, and as to whether this is going to happen, it’s going to happen for sure, it’s just with time.

Moreover, one thing I know for sure is that once Bitcoin starts increase in price, it’s not just going to be Bitcoin, Ethereum is going to be on the list of coins that are going to increase as well. And apart from that we are going to have Litecoin (LTC) and XRP and the rest of them that are on the top list of the cryptocurrency market.

Unfortunately there is no connection that we could make with proof, obviously there are logical connections between them that you could make but on paper there is zero connections that we could show as a proof to people. Which means it could go up, go down, go up twice harder, go down twice harder and anything in between but the reality is we could not know this beforehand, we could assume it, we could make a common sense approach to it but in reality we are not going to make any change at all by just assuming what will happen.

This is why we should not move depending on the stock market, let them be whatever they want to be and let us work on ourselves, if we could ignore the stock market as a whole we could actually move up when it goes down or up without caring what it is doing.

Market is not really going that bad, 10 years ago or so there was a new "online currency" that was established by some anon person and today it is over 200 billion in market cap, that really shows how great we are doing. Obviously there was a period when crypto market was over a trillion dollars and bitcoin was 20k+ so people think that at 10k we are not doing that well but the reality is the further back you go, the better we look which means the future is bright for us.

Naturally just because past was great doesn't mean future will be great neither, but it does sound like that most of the time because so far we have said that and the future always looked better as well and when enough time passed we saw it was actually well. So maybe it will continue that way.

It is quite interesting that if you go for 200k wagered, you could get about 400 tickets, which is obviously nothing compared to total ticket numbers, but there is an interesting thing about that. Interesting part is that, if you wager 200k, you could either lose it all or you could make double that, nobody could know the results before hand, it means that 1% house edge would take about 2k from you, and that is the average but the reality is you could do all kinds of results with it, so if you lose it all, you just lost a whole lambo money while getting only 400 tickets, whereas if you earned money or even broke even you wagered lambo money and lost nothing and on top of that have 400 tickets. It is really brave peoples world out there right now when you wager.

Do we really know what Kraken intends to use this for? I mean obviously they got a bank charter approval which means they are going to be a bank.

I wasn't expecting them to get a bank approval and start a bakery neither, but I just want to know what type of bank will they become? Like if they can open a regular bank, non-crypto old-timer version, if they have that right would they work with fiat as well? Will they become a place that people could put fiat money and take out fiat money?

Or are they going to be purely crypto and not deal with anything else at all? I am just not sure about what will happen to them and how that will happen. If we can make sure that they are purely crypto and do not involve any fiat at all, that would be really an amazing thing.

I am not sure how spending more time with the person you married results with divorce, that is a bad marriage to start with in the first place.

I mean think about it, you love someone and you get married and you want to spend rest of your life with them and just because you got to spend some time with them for few months at home alone you decide to divorce them because you can't put up with them anymore, how the hell does it make any sense that if you can't deal with them for few months at home but you loved them so much that you wanted to get married, obviously these are all marriages that shouldn't have happened in the first place. If you are married with someone you truly love and should want to be married, you should also want to spend as much time with them as possible.

It’s not just something that happens with only being a programmer. I have a friend who works as a freelance writer and they face the worse. Most clients look down on people who are writers, they usually think that writing is a simple job and some of them will tell you to write thousands of words for pennies. Sometimes he wants to quit from these freelance websites , but I advise him to chill and continue till he’s able to develop his own platform.

If you have noticed, most of the clients are making use of these freelance websites and that’s another problem. And like you have said; there are always people especially from Asia that are ready to accept those low rates, and they are a competition. That makes clients feel like they can get high demands for nothing.

Try to be checking out LinkedIn jobs, there are some interesting jobs that are being posted there, and jobs you will get from there will pay more than these freelance websites.