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1241  Bitcoin / Bitcoin Discussion / Re: is google also telling us wrong about this ? on: March 19, 2023, 09:08:30 PM
Every website retrieves data from different sources, making it difficult to determine the precise cryptocurrency market capitalization in real-time. For instance, CoinMarketCap (CMC) and CoinGecko (CG) will show their respective data, which will not be identical. Additionally, the total cryptocurrency market capitalization does not necessarily equate to the total amount of money invested. In fact, only Bitcoin's market capitalization would be considered accurate due to the absence of pre-mining, and its circulation is real. Therefore, there is no genuine data available for total market capitalization that can be deemed 100% accurate. Google only displays sources of the data.
1242  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a legal tender OR pay with BTC and get REAL goods. on: March 19, 2023, 08:44:59 PM
I prefer to use Bitcoin for online transactions, but unfortunately, my country does not accept it. In fact, Bitcoin is strictly prohibited here, leaving me with no option to use it. Instead, I have to convert it to fiat currency through the black market or peer-to-peer transactions and then use it for purchasing goods. While the fees associated with are high, it is still a better option. However, I feel more secure when making payments with Bitcoin, as I am hesitant to enter my card credentials into online sites. Overall, paying with Bitcoin is a simpler process for me.
1243  Bitcoin / Bitcoin Discussion / Re: The confidentiality of having Bitcoin on: March 19, 2023, 07:43:58 PM
When a government prevents you from withdrawing money and wants to get rid of the circulation of public cash, it indicates that something is wrong. The government is in financial trouble, and the "cashless" campaign is only a ruse to preserve its sterling reputation. Before making a country cashless, there are numerous things to put into practice. But Bitcoin is also ideal for us to conduct cashless transactions. Of course, because Bitcoin is decentralized, no one can stop us from using or withdrawing it. There is a lesson on the value of bitcoin for us.
1244  Other / Meta / Re: Plagiarism vs AI Posting on: March 18, 2023, 08:50:48 PM
It's not a good idea at all to ask the AI a question and then post the answer immediately here. Because, in reality, it isn't your content. Because AI is free to use for anybody and is akin to copying and pasting, you shouldn't get banned for this. But, you can get data from AI and share it here. Don't just copy and paste the entire article. However the AI creates information that is challenging to detect.
1245  Economy / Reputation / Re: Another 1xbit solving problems thread. Beware! on: March 18, 2023, 08:12:08 PM
Probably a new drama. Simply ignore them if you can. They promised to address the problems in a thread they had created. Fortunately, though, it never did. They are merely attempting to erase their past, which is impossible in this place. They will keep on defrauding people. Their marketing strategy is very effective outside of forums. So that is how they are recruiting new victims for their scam. Ignore.
1246  Economy / Speculation / Re: What is the reason for the increase in the price of Bitcoin? on: March 18, 2023, 08:01:34 PM
Perhaps the OP is correct; skeptical. When more investors show interest in it, bitcoin usually increases in price. That indicates to start pumping and raise the pressure. Who knows, though, what is really driving the pressure to buy. I haven't noticed any significant good news, but it appears like Bitcoin simply started pumping up. But I agree with the OP that if money were actually injected into the economy, the amount of fiat in circulation might have increased. As a result, fiat is also being injected into bitcoin. Hence, to me, this is a viable explanation.
1247  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin cannot be a Bank? on: March 18, 2023, 07:49:17 PM
Why do you think Bitcoin won't become your personal bank? Your non-custodial Bitcoin wallet is what I mean by your Bitcoin bank. Owning a non-custodial Bitcoin wallet entitles you to any assets contained therein as well as ownership of the wallet itself. Wherever that accepts bitcoin, you can pay. If not, you must convert to fiat. It resembles the USD, a global currency. You must carry USD when visiting other nations, but you cannot use it anywhere. Consequently, where you are staying is where you must convert it for local cash. Bitcoin is similar. Although you must trade it for local cash, you can use it.
1248  Alternate cryptocurrencies / Altcoin Discussion / Re: What happens when new altcoins encourage religious, political and other agendas? on: March 17, 2023, 10:46:11 PM
It's nothing, but all about creating hype and raising funds. I don't think they will sustain themselves by creating religious coins. They actually need to raise funds somehow even though we don't know who is creating this project. I would say just avoid this type of shitcoin. If a project can't keep a role in the crypto industry then just avoid it. Scammers often find a new ways to scam us.
1249  Bitcoin / Bitcoin Discussion / Re: Early bitcoin investment for my baby on: March 17, 2023, 10:37:57 PM
Nice decision. I can't recall the thread but I have read it as well. I haven't done something like this yet, because everything is for my baby whatever I am earning. I am holding a decent cryptocurrency, so they can spend from there. Because I don't intend to sell them right now and even if I sell, I will keep some for the future. Not gonna make my wallet empty anyway. But for those who can't afford to accumulate a big amount of cryptocurrency then better to make savings and invest in crypto. It would be for your baby or for your future.
1250  Bitcoin / Bitcoin Discussion / Re: I found my Bitcoin books from 2016 on: March 17, 2023, 09:08:07 PM
You supported your family while also suffering some losses as a result of market panic. For you, it's a pricey lesson. Bitcoin, though, really helps you to save your brother, so that's plenty. Though I haven't made money from them, most of us are aware of faucet websites. But cryptocurrency changed my life. Made a decent income from cryptocurrency through digital marketing. I lost a lot as well and learned techniques. Since you now have a thorough understanding of Bitcoin, I hope you actually make money. You simply need to be patient.
1251  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a treasure. on: March 16, 2023, 08:45:40 PM
It's wealth for me. I evaluate bitcoin similarly to how I do money. Fiat currency is kept in the bank, and bitcoin is kept in a own bank. That is the difference I discovered. True, the majority of us think of investing in and profiting from Bitcoin. Yet it's a risky investment, and your wealth could be lost at any time. Regardless of what we call Bitcoin, everyone is only interested in making money. We cannot deny this actual fact.
1252  Bitcoin / Bitcoin Discussion / Re: How do you feel when people tells their story on bitcoin on: March 16, 2023, 08:37:35 PM
I remember before when I read about buying bitcoin with pizza, I was so amazed as at the time it was made, I was very young and thinking way back in time to the internet, and people are still struggling on it like not everyone has access to the internet at that time. I am still using a keypad phone that is 2G and downloading games, which is why I don't really find bitcoin. It is just really amazing about those people that their lives changed because of bitcoin.
It sad story though we are running to the smart world where you are still struggling. But good to see that anything can't be stopped you find Bitcoin and eventually you are in. We can't say it's too late because we don't know what will happen after another ten years. But your sorry is really sad to me and wish everything will be fine.
1253  Bitcoin / Bitcoin Discussion / Re: The value of bitcoin remains the same on: March 16, 2023, 08:29:55 PM
Bitcoin's value & price aren't at all equivalent. Yet, you aren't discussing both of it. You are actually referring to a unit. Value and price move simultaneously. But the unit you bought will remain unchanged forever. Price increases along with value growth. Value refers to how widely recognized Bitcoin is, and price refers to the current market price. You can conduct further research on the value, price, and units. Hence, it will be clearer to you.
1254  Bitcoin / Bitcoin Discussion / Re: Should I keep money in the bank or buy bitcoins? on: March 15, 2023, 09:37:47 PM
Are you aware of the risk involved with Bitcoin investment? Holding Bitcoin is better than keeping funds in a bank when you know the risk of both. Bank would be bankrupt and Bitcoin would dump & steal. You should well research before writing content or suggestions. However, Bitcoin gives us financial freedom and can multiply our investment as well if hold it with Patience. So it's very important to know the details before make a financial decision..
1255  Bitcoin / Bitcoin Discussion / Re: Europol Sezied 1909 BTC from "Chipmixer" on: March 15, 2023, 09:18:24 PM
Seems to target Mixers again. Occasionally we have seen crypto mixers have been Seized. This isn't a good sign for crypto users or those who care about privacy. Allegations of money Laundering are just a reason to shut down such a big Bitcoin mixer. But they don't like Bitcoin actually and just trying to create FUD. The bad news is they Seized the funds as well. I am not sure if still, Tor link works for mixing Bitcoin. Hope users won't be affected anyway since data hasn't been stored.
1256  Other / Beginners & Help / Re: What are they up to? on: March 14, 2023, 09:18:49 PM
I am still struggling to understand what they will do with this type of address or wallet. But pretty sure not for a good thing. Otherwise, everyone is free to create a new wallet. Sharing seeds or private keys means the wallet is compromised. I won't sell or share my old wallet credentials. Because they might use it wrongly which we are unaware of. So avoid Telegram random DMs always you aren't familiar with something. You would have trouble as well later since we don't know whether they will use the old address for the crime or not.
1257  Bitcoin / Bitcoin Discussion / Re: What do you Think might aid the global adoption of Bitcoin? on: March 14, 2023, 09:11:48 PM
Aid is people shouldn't be forced to use Bitcoin. El Salvador did great by making Bitcoin a legal Tender. But they somehow force citizens to use Bitcoin which isn't a good idea at all. We have to encourage new people about Bitcoin but can't force it. El Salvador is over-excited about Bitcoin. We like mass adaption as well. But there are some limitations where the government is centralized. For real adaptation, we have to make Bitcoin usable everywhere. This means besides fiat, Bitcoin payment options should be available. So every day more people will be introduced to and use Bitcoin as well.
1258  Bitcoin / Bitcoin Discussion / Re: Planting a tree and investing in bitcoins should wait a certain period of time. on: March 14, 2023, 09:02:47 PM
An example isn't bad by the way. The summary is we should have Patience when dealing with Bitcoin. Bitcoin isn't something that makes quick money. We have seen always holders become gainers but for that need patience. Someone it takes a couple of years to recover the price or hit the ATH. So yea, it's something like tree plantation. Can't expect quick results always. Sometimes a few lucky people can earn a decent amount within a short time. But everyone isn't lucky enough. So we must need to educate ourselves about Bitcoin holding.
1259  Bitcoin / Bitcoin Discussion / Re: How do you feel when people tells their story on bitcoin on: March 14, 2023, 08:54:45 PM
However, I feel proud I am a Bitcoin and Crypto user. There are a lot of stories about Bitcoin users. Yes, I enjoy it when someone tells his old story about Bitcoin especially if they held a lot of Bitcoin but now they don't have. Comparing them I was quite late but still active. And whenever I have a chance to accumulate I try to do so. Then I feel I am not too late. My story is quite interesting and crypto changed my life. Have earned decent crypto from the marketing.
1260  Alternate cryptocurrencies / Altcoin Discussion / Re: What if: USDT is unpegging and collapsing in the next days - Possible strategies on: March 10, 2023, 08:01:11 PM
USDT already gain over 50% of the stablecoin market. So if USDT starts unpegging then the whole crypto market will crash again. USDT holders will lose funds, and at the same time, all cryptocurrency holders will be affected. Some other stablecoin would rule the market again like USDC. There should be the existence of some stable coin to evaluate cryptocurrency value. So if you are worried then move your funds to solid stablecoin or fiat. So you are safe even if the whole market collapse.
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