Bitcoin is a very useful thing to many people. Very useful indeed! And the usefulness that crypto has to offer is as follows: - Allows us to enjoy the financial freedom of being our own banks and live maintenance-free and keep all profits realized fo holding
- Skipping the hurdle of KYC when it comes to paying for good and services
- With crypto middlemen are cut off which means cheaper goods and services are available
The list is endless.... Yet in some countries it is completely illegal. What will you do if you are a fan of bitcoin but your country did not legalize cryptocurrency? Bitcoin started off without regulation and most of our governments ignored it thinking it would die a natural death... Over 10 years have gone by and now it's a force to reckon with and the government now wants to play a part by regulating it..hell no, with or without regulation, the revolution will happen and it's team crypto all the way!![/list] |
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1. Nitrobetting userid:232540
2. Score:Newcastle 0-2 PSG
3. Minute of 1st goal: 33"
4. Total fouls: 33
5. BTC Segwit address: bc1q6pm0afcphvqp594fgna8u63gza37qkrm3wvf0s
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Based on the history of Bitcoin halving the answer is Yes! And unlike what everyone expects of halving to rise the second it's done...unfortunately the price increments do not have an immediate effect on the markets as history shows that it might take a year or two to see a significant jump in price. It's like if we apply the law of supply and demand, which means if the halving happens the Bitcoin price will increase.
Great theory... The halving is more of an artificial shortage in supply, and the rules of supply and demand say if supply is inefficient then price goes up and this is what's going to happen here. |
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a. PSG
b. 3-1
c. PSG
d. PSG
e. Yes
f. PSG
g. PSG
h. 31'
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In 2016 when I was a kid, this coin got in stuck in my mind but absolutely everyone around me was telling me to forget it, it's scam, it's online shit I don't think we can blame them for looking out for you especially when the internet has so many scams and when someone brings you something that relates to it then they get defensive about it...but against all odds good to see you went with your gut feeling and stuck around! As we all know, halving is coming. Should I invest my savings in Bitcoin? Or should I lean towards altcoins this time? Which one?
Just so you know, the halving is something that has a positive bearing on price but unfortunately the impact isn't immediate!! If you don't mind buying and waiting a couple of weeks to months then by all means do invest in some BTC. As of which one to go with, well they say don't put all your eggs in one basket and it will be prudent to minimise risk by diversification but you could go with a 70% investment in BTC and 30% investment in Altcoins. |
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So How Much To Invest?? For starters the crypto ecosystem is one vast world, how much you invest will depend on how much you want to be receiving, like they say your output determines your input! Btw, when you bring in the subject of investing in the crypto ecosystem, it could mean buying and holding of the BTC which has no limit on how much you can start with, it could mean providing liquidity to a gambling platform as a silent investor which has minimums/maximums depending on the platform, As I've said earlier, investing little in BTC now won't give you a tangible profit when the profit comes Very much true, and many of us want to be rich from small bits of satoshis like the first generation of Bitcoin investors... and unfortunately, lightning doesn't strike twice in the same spot and the strategy has to change. |
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Everyone knows that we can learn from the past to correct mistakes.
As a result, many economists attempt to predict the future through history
We also have a known fact from the past.
The "Bitcoin halving" is correlated with price increases. As much as we want to draw this connection to price increases, unfortunately numbers say price only responds a year later or something which means the correlation lacks concrete evidence. I understand that the Bitcoin halving isn't like dropping a rock in the water and seeing the ripple effect immediately..it does take time.. For detailed analysis see this thread https://bitcointalk.org/index.php?topic=5375808.0I'd like to pose a new question here.
What are your thoughts on using past charts(candlesticks) that similar current ongoing charts(candlesticks) to make price predictions? Technical analysis does make use of past data, which makes is a reliable tool to predict the direction price will be taking... especially that momentum/volume is out there for everyone to see. Besides candles on a chart tell a story of what's happening in the markets before we even connect the dots, anybody dumping, or buying big can't hide this from our chart's as all orders show up on the charts the second a buy or sell is triggered. When asked this question to many professors and investors, a common response is, "Candlesticks reflect the psychology of investors."
What are your thoughts on this matter?
That's a new one for me... especially that psychology was used to describe the candles,it's definitely a professors definition but thinking about it, it does make sense as candlesticks do give out their bias(overall direction).. |
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I know people who are still dubious about the cryptocurrency sector because they worry about losing their money to scams or security breaches, which has been a typical occurrence in this market.
Since the majority of users appear to have welcomed the requirement for required KYC, I believe the focus should now be on enhancing exchange security. Imo I think KYC should just be scrapped off altogether because firstly user data isn't usually handled well and secondly 2fa and email verification should be enough security & proof to show you own an account incase of a breach. Besides, users aren't getting hacked, it's the exchanges themselves which need to work on enhanced security measures! I am aware that KYC may reduce fraudulent activity, however dealing with hacking and security exploitation issues will need investing in the strengthening of security. Adoption could happen quickly with sufficient protection because safety will be assured. With fake docs flooding the internet, I don't think KYC will reduce fraudulent activities, the best is having geolocks, IP whitelisting, and possibly phone number & sms verification as these might work better than KYC which removes the potential of exposing user data to unauthorised users. The latest Houbi attack, which resulted in the theft of roughly $8 million worth of Ethereum, and a few other security exploitations of a similar nature on other trading platforms in the past don't bode well for the sector, which calls for the prioritizing of security. https://cointelegraph.com/news/huobi-global-crypto-exchange-hacked-reportEven though there are still very few trading platforms that have never experienced security exploitation, the recent incident with Houbi should serve as a reminder for everyone to remainattentive and prioritize their security. Perhaps these exchanges need to talk to each other more to learn something from each other in regards to best security measures of not getting hacked. |
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If merit was designed as a solution to help fight spam on the forum, then it just makes sense to have someone that understands the board very well and can help clean it up from within in a board that has been labelled to be a spam Hub for a very long time. Having a merit source on this designated board is long overdue and am in support of cryptofrka being a merit source especially that his intentions is to have patrons of this board to up the post quality and help fight spam altogether with incentivized posting. Good luck cro2  |
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So there is travel youtuber called Passenger Paramvir, he appears honest and genuine guy and I love his videos.
However, in one of videos that I watched recently he promoted the 1xbet which is obvious scam gambling site. You cant blame the guy for not knowing the bad reputation these guys have around the internet, because firstly his not a gambler, secondly these are the kind of gigs these guys look for to get easy money! Besides, I have noticed on how aggressive 1xbet is with promotions and using the most happening influencers currently in so many different countries and surprisingly nobody puts them to their defense with the bad reputation!! Otherwise the onus is on the player to do his/her own research and make an informed decision on what services to use or not. Now, I don't have anything on these guys, I'd do same in my signature, I wouldn't bother much what I'm promoting as long as I'm having my payment.
Point being, do your own research before you do anything, don't heed anyone blindly, no matter how popular they may be. Here in India, popular actors promote tobacco as if it's some healthy thing.
I just wanted to post, I'm aware there are countless such topics already.
Like how you come out to defend yourself with the tobacco promotion  , and to add on this the manufactures themselves do put tobacco is harmful to your health which leaves all this on the user making the right decision as an adult  |
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Username: Woodie
Bitcoin SegWit Address: bc1q6pm0afcphvqp594fgna8u63gza37qkrm3wvf0s
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Before the match I was thinking that Barcelona would get tired in the second half of the match after playing a Champions League match on weekday and their performance would drop. However the other way around happened. They managed to win 3-2 by making an unbelievable comeback in the Celta Vigo match of which they entered the last 10 minutes 2-0 behind.
I think these Barcelona guys are trying to be crowned comeback kings of La Liga, just yesterday they did the samething of chasing the game against Mallorca who scored first thanks to home advantage but luckily they did manage to salvage a draw in a game that looked like Mallorca would win. Btw, Champions league is around the corner again and am expecting their best players to be rested against Sevilla and am expecting a similar performance of a draw/lose for FCB especially that Sevilla is back to winning ways and will be looking to get on a winning run. |
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Nice detailed explanation on volatility and it's decline!
If an average Joe who was into crypto was asked if Bitcoin was a volatile asset to own, am more than confident the answer would be No.
And it's quite shocking to see what's happening because the wild swings where expected to increase with more players getting into the market and in turn increase crypto
activity and demand but shockingly the markets are quiet and stable...
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Recently I've seen alot of threads where people just jump into writing an incredible episode without putting their readers into consideration.
I'm not a fan of reading very long articles and most times I think some posts ought to be simplified and summarized to get ease of attention and from my observation, it seems most users confuse quantity with quality and think, writing very long post simply means the post has quality which is wrong.
I've seen very short and straight to the point post doing extremely very well on the forum and people ought to them learn from them.
Totally agree, certain topics do need to be written in detail and that's very much understandable(like a walkthrough for example), but in threads where details aren't really necessary and one wants to read several posts and alike.. personally it will be a TLDR. Besides quality Information needs to communicate, user targeted, relevant and straight to the point..if it has these qualities then it should be considered as a quality post, just my 2cents! |
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Well said OP!!
Anything to do with p2p transactions should be based on a no trust relationship nomatter the reputation one holds on the platform!!!
Am pretty sure network problems do happen once in a while, but be it a bank transfer, or whatever mode you prefer to receive funds in... better you confirm funds to have reflected on your end than receiving stories that the buyer/seller has sent funds which are pending and the person need coins released from escrow by putting you under pressure... Anything that says pending should tell you "not" to hit the release funds out of escrow as that's your only bargaining chip should something go wrong before you confirm receipt of funds!!
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Thanks a lot for sharing this news. I am not a regular user of the Houbi exchange for many reasons, one of which was the recent news about the liquidity problems that Houbi is facing. Many people warned here on BTT to withdraw funds from that exchange. And I hope many have withdrawn their funds. I don't know if you are aware of the current hack that occurred in Houbi Exchange. Just catching up with this hack now, and am surprised that the amount lost was not a colossal sum like what we used to seeing... Perhaps the warnings did not fall on deaf ears and people did actually listen & moved funds out of the exchange. Hackers took around $8 million; they belonged to China and also got caught, and they were given a time of 7 days to return the funds with a 5% bonus. Looking at how fast it took to find the culprits makes this sound/look like an inside job and whoever cracked this had an easy lead to follow. Oh btw didn't see anything that said they caught these guys besides their bluff of "we know your identity note on addy" are these guys serous lol To be honest, I like the way they take opportunities and do not leave any door open for the users to not become victims of the hack.
Unfortunately hackers are more resourceful in finding all these loopholes and if our crypto companies don't take an aggressive approach in trying to zero down on all these system breaches we shall keep getting such news year in, year out!! Best approach is to have lucrative bug bounties to fight all this... |
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5. Flexibility in Strategies
Not sure if I interpreted this correctly, but anything to do with jumping from one strategy to another just shows that one hasn't polished the strategy one is currently using and this is a sign of gambling and experiments! Otherwise I am leaning towards the technical analysis side of things and the only time I get to use fundamental analysis is when news is coming out and I stay away from the matkets as the volatility is high during these times. What are the benefits of combining fundamental and technical analysis? The only benefit I can think of when combining the 2 strategies is them acting as a confluence , though technical analysis will always be a step ahead  |
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Goodness. I went to bed expecting my rank to drop from 6th to 8th or 9th. Not 18th  I guess that's what an 8-0 Newcastle thumping does to you. These competitions are just too competitive, one bad run and you swimming in the deep end Sell all Chelsea assets. All they do is give your squad constant trouble.
Chelsea is a letdown week in week out! Personally, I banked on these guys to have a good run of games for about 4-5 game weeks and they have blanked terribly... What's even painful about owning Chelsea assets is that they can't keep a clean sheet in a game where they are considered favorites, and worse off they can not find the back of the net either  At this point I have no choice am going to sell all my Chelsea assets, don't mind taking several hits on this one Time for some Newcastle assets, might catch an 8nil victory |
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Looking at the address provided by the OP, these funds were transferred out on Aug 29, 2023, 6:52 PM UTC but unfortunately there isn't enough information to work with... And with Bitcoin being Pseudonymous and anonymous in nature, you can not track down a user using a Bitcoin address alone especially if the address hasn't been posted by a forum user here on BCT. OP is this a deal gone wrong or something, whats happening? @Op If the money is large enough, you can try reaching out to Binance Support and reporting the scam transaction to them to see if there is anything that could be done from their end, maybe restricting the user account (which I don't know how possible that can be), or monitoring the user closely and trying to figure out what really happened if it was a scam or a business gone wrong.
Seems this wallet was swept in one transaction and Total spent was 0.10327072BTC ~ 2,694.23USD As for Binance stepping in, is it even possible for them to give a listening ear especially since this will be one-sided without the other party giving their side of the story on what transpired to defend themselves..? |
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Many currencies lose value as a result of inflation. Many people believe that cryptocurrency can protect them from inflation. Cryptocurrencies will actually do some damage to a country as all foreign exchange will be going through crypto and not the local currency which could be the recipient . But honestly speaking, tackling inflation isn't a one factor that tackles all scenario, a country has to stimulate trade or in some instances, the central bank will have to try and make cash scarce to try and bring inflation down artificially which is a quite complex process on its own. Bitcoin puts a hard limit on the total number of coins that can ever be created. For example, as the growth of the money supply outpaces the growth of the bitcoin supply, the price of bitcoin will rise. Many other cryptocurrencies employ the same approach to limit supply and act as a protection against inflation. In terms of amount, the ASCII computer file specifies only 21 million bitcoins released. As a result of increased demand, the value will rise, possibly keeping up with the market and preventing inflation in the long run.
Considering the subject was in relation to a currency...Not sure if this is called inflation when you refer to Bitcoin and the effects of supply and demand, afaik to me this is mere volatility! |
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