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A truly beautiful strike from Marcus Rashford put them ahead and almost with both feet in the round of 16 of this competition. They have played a very compact game up till this point and have all but finished off the tie.
Arsenal vs Sporting CP is the main fixture of the match week and the one all eyes would be on. Both team are in great form domestically, and as league leaders Arsenal would be looking to make a statement in Europe against next season when they surely would be in the Champions League. I have the feeling the fans would want all focus to be on the league, but a good team has to show their depth in situations like now.
- Jay -
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This is one of many cases which has occurred and yet people still trust others to properly safeguard their assets. Hopefully as the trust in centralized establishments drop we have more people moving towards full custody and act as their own banks and put more emphasis on their privacy, which would reduce the segregation of privacy websites like bitcoin mixers, if Chipmixer could be taken down, then any of such platform could come under similar attack.
Be your own bank!
- Jay -
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And because of the rate at which the prices of bitcoin and other cryptocurrencies increase or decrease in a particular time, it is better not to regard them as investment. The rise and fall in the price within a short space of time is the reason it is regarded as an investment. Investors speculate on the volatility and either go long or short on it. The other aspect of building skills is a different aspect and one that only a little percentage of the total people into bitcoin delve into. Interest in bitcoin does not translate to ability to acquire high tech skills. - Jay - |
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To answer the question, we would need to discuss the potential risks of submitting your KYC to different platforms and the benefits one can gain from doing that.
The Risks are quite long and revolves around mismanagement of your identity documents which can be used maliciously against you. There is also the risk of someone else posing as you to commit crimes or the government linking your assets to your personality, whic you might not want if you desire to remain private.
The only benefit it gives is access to trade on a centralized exchange.
Not worth the risk for me.
- Jay -
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The main factor that has been running the banking system for decades now is trust. The trust customers have in the system that their money is safe and they can get it anytime they wish to withdraw which extends to trust in the fiscal policies that they come up with to give economies a boost, and boost the value of the money as well. That trust has been on thin ice from before the turn of this century and the more it wanes, the closer the banking system is to collapsing.
This brings up the topic of alternatives, where else can we safely store our money where inflation and bad policies cannot get to it. Bitcoin? Precious metals? Real estate? Some other investment?
My answer is a combination of all. We need to hold some percentage of fiat, and cannot throw our remaining assets into one box. Keeping a bit in Bitcoin and other bits in other investments we trust would give a healthy balance of diversification.
- Jay -
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Is the gas going to be fair enough for 10$ each per person?
Transaction fee with bitcoin is called feerate not gas fees and the amount paid would depend on the inputs and network clog. If there are lots of transactions coming in and/or you are spending from multiple UTXOs into that one transaction the fee would be relatively high. - Jay - |
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P.S. Unless you are trollling, you should never post sensitive information
Or they could be trying to scam people who would try to steal the funds. But, it could be a rookie mistake after all. - Jay - |
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Keeping your bitcoin activities off the public space is less of a lifestyle choice and more of a security choice. A $5 wrench attack can happen to anyone at any point in time, so can a targeted scam attempt. To protect oneself from this, maintain a private outlook when it comes to bitcoin holdings or any investments at all. Sure, people respect you a lot more when they know you're well-off,
Seems like sycophancy to me. - Jay - |
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Your bank will give you a small profit on your capital month after month. And besides, the bank can be robbed.
This is a cheap argument against banks. No one is worried that their money would be stolen from the banks. They are unfavorable for storing value because the money you put in is eaten away by inflation, along with any interest earned. We need cash daily to get things done, but for investments Bitcoin is a better option. But if you keep buying bitcoins then bitcoins will not be lost at all. They can be lost if you are careless with it, and there is no alternative since you are your own bank. - Jay - |
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Unit bias is a thing and has pushed many people to go for alternative options that they can hold thousands of such coins at a time with a fraction of their investment amount. Using fractions of bitcoin would douse that illusion that it is too expensive.
While there are benefits of making smaller units popular, I do not see how it can work alongside the whole unit. People would have to learn how to change their settings on their wallets, a website which tracks bitcoin majorly in sats or some other unit would also be helpful.
I also have the reservation that basic research should be done before investing, if they do not now that there are fractions of it or that price increments by percentage is indifferent to amounts, then maybe they did not really do their research.
- Jay -
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Never seen 0.5 smerits, the minimum sMerit one can get is 1. So, 1 merit = 0 merits, 2 merits = 1 merit.
It is not a whole number, so it does not show up on the merit page but that is the smerit added to a user when they receive 1 merit. To understand it better, you have 3 earned merit and 1 smerit. You actually have 1.5 smerits but it does not show up like that until you get another 0.5, when you receive an extra 1 merit. Altogether you now have 4 merits and 2 smerits. - Jay - |
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Merits can be distributed by other members who have earned enough merit.
Once you have earned a merit, you automatically earn the half value of that in sendable merits. With 1 merit you get 0.5 smerit, with 2, 1 and so on. With 2 earned merits, you can merit another user. gaining merits can aid in the development of your forum reputation. Merits are a symbol of respect from other members, demonstrating that you are informed, helpful, and well-liked in the community. Obtaining merits might also assist you in gaining greater attention and visibility on the forum.
- Merits does not add to your reputation
- Merits are not a symbol of respect
- Merits is not an indication of knowledge
To create good content, you need to be knowledgeable about the topic you are discussing and be able to write in a clear and concise manner. You should also be able to back up your arguments with evidence and sources.
Would you consider yourself knowledgeable in ranking up and earning merits? - Jay - |
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Thank you for sharing this. People respond quickly to results and winning and tend to forget the periods of losses and they somehow wish they can have one without the other. In gambling, trading, investing, starting a business, or launching your platform, there is a huge element of risk, the risk that you could lose out in the end. If you do win after different trials, you should inform people of the losses which led up to it so they have a full idea, and I respect you for talking about that.
Gambling is just like bitcoin trading, but less reliable. Always let people know of the risks.
- Jay -
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You would be better off redirecting the energy spent on stuffs like this to actual productive work, like learning a new skill or gaining more knowledge about Bitcoin. Faucets were rewarding once upon a time but nt anymore and come with the added risk of identity theft. Bitcoins are getting more and more expensive and getting scarcer, so there's no easy way to earn more from ad clicks and so on.
The price has been stable for sometime but historically been getting more expensive, so that passes, but it is not getting scarcer, the supply is actually increasing with each new block and has not fallen far short of demand. - Jay - |
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...
Editing your entire post makes it difficult to follow the conversation and what other users are replying to. Alternatively you can edit in the appreciation text without removing the initial content or you can make a new reply. I would recommend the former, but do not think too much about it. - Jay - |
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A newbie should not be pressured to take any action and if they must get their hands into the game, then they should do with a much reduced amount to learn how to create a wallet and back it up. They should also test out with small transactions to learn how to send securely. Other experiments like sending on an airgapped device which involves operating on two devices and also using a hardware wallet.
After familiarizing with the basics, they decide when to invest and how they want to do that.
- Jay -
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You are a Jr member ranked user and can post images directly. It is not showing up cause your link is broken and you did not use the [img] code tags. When posting images confirm all these and that it is a bbcode which is compatible with the forum.
- Jay -
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Many experienced speaks more about the risks involved without saying nothing about the safety measures that one can take,
Safety measure to protect against risks of loss or theft: - Only store bitcoin on a hardware wallet or an unused device you own that never goes online, this would be your cold wallet. Create backups
- Do not store your coins on a centralized exchanges
- Keep your bitcoin holdings a secret
- Never enter your seedphrase or private keys on a website or send to someone
To protect against panic selling: - Do not FOMO in
- Use Dollar Cost Averaging to make purchases
- Only use money you can afford to lose
- Play the long game
why many speak about having the knowledge first, yet they contribute little or nothing to how this knowledge can be gotten. This leaves newbie with fear and different questions as of how, when and where they will get this Bitcoin knowledge easily,
The knowledge can be gotten freely here and many a times newbies are given easy links they can use to access it. Knowledge on bitcoin is too broad to expect someone to summarize in a reply. Research and return with specific questions. - Jay - |
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What country do you guys expect to become the new mining hub? This is a list [1] which shows top countries for mining by country after United States: Kazakhstan: 18.1% Russia: 11.23% Canada: 9.55% Ireland: 4.68% Malaysia: 4.58% Germany: 4.48% Iran: 3.1% Russia would not not be a choice destination for many now, but there are still many options. Maybe growth of bitcoin mining in Africa. I mean it could only be used on mining companies, not individuals, and only mining companies that are paying for electricity on-grid. Though I suppose mining companies are probably the vast majority of the mining being done in the US these days.
The article highlights off-grid electricity as well meaning those miners would fall under the reach of the tax increase, especially if they have been paying previous taxes. pooya87 also made a good point that no one would want to mistakenly evade taxes and risk going to jail. [1] https://worldpopulationreview.com/country-rankings/bitcoin-mining-by-country- Jay - |
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But u have spoken about minimizing risk, and in other to do that you recommended Bitcoin. Do u mean there is lesser or no risk in Bitcoin compared to other crypto?
Lesser risk. Bitcoin represents 14 years of Blockchain advancement and has been the most valuable for all of that time. There is a real product and has maintained the exact same process for all of that time while getting more secure and more valued. Other cryptocurrencies are copies of existing ones, only few having an original idea, but still falling short in security or decentralization. The chances of a good investment with them is not favorable. Bitcoin has a fixed supply and is not vulnerable to inflation. - Jay - |
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