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1221  Bitcoin / Bitcoin Discussion / Re: Newbie Crypto Advice on: June 25, 2023, 06:55:16 PM
I don't know how busy you are to not have any time to learn about something like Bitcoin. You don't even need to grasp everything in a single week — you could simply just read for an hour a day, and you'd still be ahead than the herd. Unless you know, you simply aren't that interested to actually exert in effort.

But if you want to learn:

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
1222  Other / Meta / Re: Can Bitcointalk Adopt the Web3 System? on: June 25, 2023, 06:33:18 PM
Crypto-fication of a huge majority of  things is unnecessary. I'm yet to be convinced why Bitcointalk needs to be changed to a 'web 3' style platform; as I think it's totally unnecessary. Unless you have a viable reason to change things, of course. I'm open to ideas!
1223  Other / Beginners & Help / Re: "How best do I secure my investment on bitcoin as a newbie" on: June 25, 2023, 06:00:17 AM
If your bitcoin is worth <$200 then just install BlueWallet[1] on your mobile phone. On the other hand, if it's more than $200, grab a hardware wallet[2].



[1] https://BlueWallet.io/
[2] https://chainsec.io/wallets
1224  Other / Beginners & Help / Re: Can I Recover my loss of crypto on this platform? on: June 25, 2023, 02:36:24 AM
1. Don't use leverage
2. Only trade using a small size
3. Expect a lot of losses early on


And what are the rules and regulations for me that must follow this platform recommended some close ones will say you will learn from this platform so much and I hope to recover from the loss and get a lot of benefits and knowledge gain that is why I am very excited to hear.

I doubt that there are actual great traders here. With trading, you're pretty much going against full-time quants and analysts — hence why I never recommend trading to anyone lol. Investing is more positive-sum, while trading is a zero-sum game.
1225  Bitcoin / Bitcoin Discussion / Re: 1.7 billion people are still Unbanked; chances for bitcoin on: June 24, 2023, 06:35:10 PM
When talking about the unbanked, Bitcoin doesn't necessarily fix it, because neobanks can. Bitcoin comes in when talking about malicious government actors and fucked up local currencies — not necessarily the unbanked.
1226  Economy / Service Discussion / Re: Promotion methods. Dark & Bitcointalk? on: June 24, 2023, 02:14:56 AM
Do people even promote on the dark web? I'm pretty sure a lot of usage is there, but not necessarily promotion. Most promotions are done in the surface web — obviously because a huge majority of users use the surface web.

As for which you should promote to — why not both?
1227  Other / Beginners & Help / Re: Bitcoin Rural vs Urban Awareness? on: June 24, 2023, 02:05:20 AM
Pretty sure the rural vs urban thing will differ from country to country. The relevancy of bitcoin on rural vs urban areas will totally depend on how much they 'need' Bitcoin — regardless if it's because of needing bitcoin as an actual inflation hedge, or probably just as a get rich quick scheme that people are willing to risk for better finances.
1228  Bitcoin / Bitcoin Discussion / Re: Lost coins redistribution on: June 24, 2023, 01:25:32 AM
This is an interesting topic that I sparked up back then once just for discussion purposes — safe to say a lot of people didn't like it lol.


If this trend continues most if not all bitcoins would have been lost by then.
It definitely wouldn't be like that. Sure, the supply still shrinks and shrinks slowly, but as time goes bitcoin goes up in value as well. People will be incentivized to not lose them; not like back then when bitcoin was merely a few cents so people didn't care much about their private key backups.
1229  Bitcoin / Bitcoin Discussion / Re: Disappearance of cash and bitcoin as an alternative? on: June 23, 2023, 05:50:36 PM
Bitcoin isn't necessarily the alternative to physical cash — digital fiat is. You know — PayPal, Venmo, CashApp, or whatever your local version of these apps are.

Bitcoin doesn't solve the physical problem of cash — bitcoin solves the monetary problems of fiat money.
1230  Other / Beginners & Help / Re: Teacher and Classmates Labeling Bitcoin as a Ponzi Scheme or a Scam on: June 23, 2023, 04:58:29 PM
Just ignore it — you don't need to defend bitcoin with all your will. It's not like you can explain to your child how bitcoin is not a scam and all that because bitcoin (and probably money in general) is probably still a bit too complex to explain at that age anyway.
1231  Other / Beginners & Help / Re: Help and encourage newbies to grow. on: June 23, 2023, 04:23:13 PM
What you need to know is to simply not take this community forum too seriously. Just like how you talk to other people on some social media group — as long as you follow the rules by not spamming and scamming and all that, you're good to go.
1232  Bitcoin / Bitcoin Discussion / Re: We All Know, The halving time will be full of drama on: June 23, 2023, 06:26:29 AM
It's just FUD in general — not necessarily because the halving is around the corner. I'm pretty sure the government could care less about the halving. The FUD recently has mostly been before the spot ETF announcements — it's a pretty safe assumption that it's been coordinated.
1233  Economy / Speculation / Re: Bitcoin Investors Confidence in Bitcoin💪 on: June 22, 2023, 06:17:08 PM
Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?

Past performance is not indicative of future results. While I hope you're right, don't bet on specific timeframes that your coins are going to rise in price. Just thing long term, and that's it.
1234  Bitcoin / Bitcoin Discussion / Re: Hold Bitcoin VS Hold Gold on: June 21, 2023, 06:06:18 PM
- Why Bitcoin can't be hacked?
Nothing, and I mean nothing is hack proof. The thing with Bitcoin is that it just has been battle tested for a decade now, hence why it's very unlikely to be 'hacked'.


- So when is the right time to buy Bitcoin?
If you're bullish for the long term, now. If you're not bullish at all, never. If you want something more specific, then damn go ask a fortune teller.
1235  Bitcoin / Bitcoin Discussion / Re: [Fun Fact] Is Gold scarce ? Bitcoin is ! on: June 21, 2023, 05:21:24 PM
We all know bitcoin's scarcity is far more guaranteed than golds, but this is the subjective part:

It's more precious than gold.

Obviously most people still value gold far more than bitcoin — the marketcap difference itself is enough proof.
1236  Bitcoin / Wallet software / Re: Which one's better Wasabi or Sparrow on: June 21, 2023, 11:32:42 AM
They were asking about Sparrow not Samourai

Not sure if I get it — but doesn't Sparrow share the same pool as Samourai's? Like with them just basically implementing Samourai's whirlpool in their UI?

https://sparrowwallet.com/features/

1237  Bitcoin / Wallet software / Re: Which one's better Wasabi or Sparrow on: June 21, 2023, 11:14:34 AM
There have been a lot of debates between Wasabi vs Samourai mixers that I don't really understand which one is superior. But based on what I've been seeing — Wasabi is apparently superior than Samourai. I couldn't fully understand it so I just picked the one with better public sentiment. (P.S. this is besides the Wasabi chain analysis thing.)
1238  Bitcoin / Bitcoin Discussion / Re: BlackRock and Fidelity both apply for bitcoin ETFs on: June 20, 2023, 04:12:15 PM
It is true that Fidelity's apply for the Bitcoin Spot ETF is still unconfirmed, but the subject seems very likely to me. They certainly do not want to lag behind the competition that is BlackRock. And even if it turns out to be just a rumor, these events probably stopped some further declines in the crypto market.

That's too optimistic — knowing that BlackRock's spot ETF proposal isn't even guaranteed to go through even if you argue that it's likely.

Spoiler alert: a spot ETF isn't going to stop bitcoin from having price declines.
1239  Economy / Trading Discussion / Re: Service or Bot for effective and timely DCA execution? on: June 20, 2023, 03:04:03 PM
DCA are better on the dips, some weekends are bullish and some are bearish, to stay informed you need an alert software on dips, don't just buy every week because of DCA, make sure you buy when the market is in red.

Download Coinmarketcap app on your phone and activate the price alert, set to low price range around 23,000 to 25,000$ range and keep dollar cost averaging, it's better not to put all your money into the DCA, very small amount everytime, this is better.

The point of dollar-cost averaging is to make buys regardless of market sentiment, because people make bad decisions based on market behaviour. DCA-ers are highly more likely to outperform dip buyers when talking about the long-term.
1240  Bitcoin / Bitcoin Discussion / Re: Teaching Bitcoin is not do or die on: June 20, 2023, 02:51:33 PM
To put it simply — shoving bitcoin down people's throats even if they're not asking about it is akin to people trying to promote ponzi/MLM schemes to friends and family, even if bitcoin is a totally legitimate asset. Simply a huge no-no.
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