$500 to use the product, only buyable through Telegram, likely fake reviews from some randomly generated Telegram user. Yeah, no offense but your product looks like a scam as of now. There are tons of AI-powered trading platform nowadays that offers a free trial, free package, cheaper premium package, and so on. Even if you don't scam them, you're certainly overpriced and not worth the money for most users.
The price that appears on the site is 29 dollars, if it was previously 500 dollars, The moment I saw $500 mentioned I instantly looked at the website, for real? But yeah, probably changed it to 29$m after he saw the replies, he was logged in after joniboini mentioned the price and he probably realized nobody is going to pay that much upfront for, again, what would you get for those 29/month? Weren't you able to handle astonishing profits? Or why do you sell such an amazing tool here for such a low price?
Do you know how you can get rich from books that teach you how to win the lottery? You SELL them!  But still curious about one thing, he has a video linked in: https://www.youtube.com/watch?v=0kfsMr8b68gIt's way too small to analyze on a smartphone but as I'm squinting at whatever is scrolling there, doesn't he have at a point like 400 closed trades and then just 17 with the profit factor going to 1.017? |
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Can we say that trading using local currencies has become an attractive trend, especially with countries beginning to diversify their reserves, or is everything that is happening an attempt to put political pressure on the United States?
No! Why? Simple, let's go back in time a bit: March 8, 2023 India's oil deals with Russia dent decades-old dollar dominancehttps://www.reuters.com/markets/currencies/indias-oil-deals-with-russia-dent-decades-old-dollar-dominance-2023-03-08/then a bit later: May 4, 2023 India, Russia suspend negotiations to settle trade in rupees https://www.reuters.com/markets/currencies/india-russia-suspend-negotiations-settle-trade-rupees-sources-2023-05-04/So, what happened? Easily, the same thing that will happen in this case, or any other case, is the one that gets paid in rupee or ruble or other shitcoin will realize that is no way of buying anything else for that toilet paper except for the case it imports more stuff from that country, so unless you make a deal in which you buy 1 billion worth of oil and pay back one billion worth of products then nobody will take your toilet paper. But if you trade 1 billion of merchandise for 1 billion of merchandise, then what's the point of using any currency when this is basic barter? It's pretty simple, everyone tries to screw the other while claiming it's a fight against the world order or any other kind of bullshit! Let me ask you, would you like to be paid in Bonobo coins rather than Bitcoin? Of course not, that's why every single deal in which you exchange Cottonelle to Scott toilet paper will end juts like the one above! And btw, just the thought of the UAE dumping the dollar is hilarious! You do know that the UAE dirham is pegged at a fixed value to......the $, right? |
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What I find really funny about these topics is that they pop like mushrooms when there is a dump, It's like everyone needs reassurance and start preaching to the choir as it would somehow magically words from people with the same mindset reported ad nauseam will somehow turn out to be true.
I guess it is similar to the threads that appear in bull market that give a higher and higher prediction. I remember at the end of 2021 it was not uncommon to see $300,000 predictions for this cycle on the forum. And outside the forum as well. Yeah, but the tone is different! In those times you only hear rockets, moon, we're going to hit 100k, 200k, everyone cheering, wine glasses, champagne bottles everything. In a bear market it's more like, there is still room to grow, it will for sure go up, ETF is coming, Wallstreet is secretly pouring money, rather than everyone parting is like everyone seeking reassurance that things will get better, instead of champaigne flowing is more like a stench of soiled pants! You are coming up with the assumption that the Bitcoin price will rise forever and ever.
What if all major countries in the world(USA, UK, EU, etc...) ban Bitcoin trading and mining?
If they ban mining it won't be that much of a problem, we could still find enough cheap energy to keep this level of hashrate high enough to guarantee the safety of the chain, of course, we won't be able to find 4x-5x times more, which is going to weight a lot when it comes to confidence, you can't have a 10 trillion blockchain guarded by machines worth 100 million, it's inviting troubles! If trading is banned, then we can close the chapter of getting rich by holding coins, with all the wealth that matters getting spooked from investing it by bye trading and investing and back to the original, a p2p cash system, like Satoshi wanted! No more no more moon, no more billionaires from shitcoins but good old and boring payment system! So, at the same time, not really that bad and not that great either! |
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Hihi, looking at this topic, 4 years ...damn! I saw that I asked about percentages at that time but if it's possible and really not time-consuming as it's not that important, it's merit after all, not a crime, can you sort this by the amount of merit sent to now banned users? Just out of curiosity because it might just happen that some who merited 100 banned users might have sent them fewer merits than ones who did so to ten. Again, if it's not too much trouble, ChatNL, LoyceV! Also: http://loyce.club/Merit/banned/833799.htmlDon't know if it's a temporary glitch but I'm sure at point 11 that wasn't supposed to look like that! Archived: https://archive.ph/MFFz8 |
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Now, let's take that Monopoly strategy and apply it to the world of cryptocurrency. Imagine I'm aiming to accumulate 1 BTC, and all I have is $30 to start with.
OK, let's start! In Monopoly, you start at $1500 and a house is between $50-$300 and the most expensive hotels are at $2000. You have $30 and you want to get 30,000. So, the obvious strategy here is to quit thinking like is like a cardboard game and follow Tytanowy Janusz advice and get a job! If you want to earn 1 Bitcoin with that $30, you can start by trading. And with your trading skills, you might get 1 Bitcoin but you don't know how long you can accumulate up to 1 Bitcoin.
Oh, or maybe you're suggesting we gamble with that $30?
Trading crypto is gambling, it's just that some are so proud and so scared about the cold reality that they try to draw one hundred lines on some chart and think they are predicting the price while at the same time, they shit bricks every single second the price moves in the other direction. Don't even try to give me the TA bs, it's just copied, trading crypto is a pure gamble and just as in gambling some make money, so do some in trading. But the majority end penniless. We should not underestimate the power of little, we can start small and grow big with time, there are few ways i can suggest for us in doing this as i think it's not something new, we might have been used to them in may occasions, we can go on trading with that money and allow it to continue growing in it, we can also recommend holding it after we would have acquired bitcoin by buying the dip with $30 and holding for the next target of bullrun after halving, we must also be reminded that everything about this decision takes time and patience.
Yeah, pretty sure $30 will turn in 3 million after the next halving! Definitely! Bulletproof! Why don't you sell your house if you're so sure the next halving will give you so much in profits? I find it really stupid, you know you're going to make at least x5 for sure, and you're just kickin' this huge opportunity! You don't have a house? Ask your relatives to sell theirs, after all after the halving they will be able to buy a palace! |
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Not even 1% of people on the planet are familiar with the fundamental strength of Bitcoin. Over 99% don't know anything yet. The halvings can NOT be priced in if 99% of people don't even understand Bitcoin.
But you were just saying a few weeks ago we're at 5% global adoption and Bitcoin usage! Now 99% of the world doesn't have a clue about Bitcoin! Lol! This is not the case, and the answer lies in Bitcoin's monetary policy. Bitcoin Pizza Day happens many hundreds if not thousands of times every single day around the world. What was 10,000 Bitcoin in 2010 is ~150,000 Satoshi today and 10,000 Satoshi instead of 10,000 Bitcoin for two pizzas in the not too distant future.
Never gets old!  Out of pure curiosity, why don't you look at things like this? In 2009 a Bitcoin was less than a cent, now it's 26k. This means in 2037 it's going to be 52k! Wouldn't that make more sense than thinking it will do x10 just because you want it to do? What I find really funny about these topics is that they pop like mushrooms when there is a dump, It's like everyone needs reassurance and start preaching to the choir as it would somehow magically words from people with the same mindset reported ad nauseam will somehow turn out to be true. Due to Bitcoin's absolute scarcity and clearly defined inflation plan that can always be determined in terms of time, it cannot be otherwise than that a unit of these 21,000,000 steadily becomes more valuable and thus fragments of these units as well. So this means every coin that has this limited supply and distributed plan will continue getting more valuable and valuable? Because if you say yes: - That's obviously not true no: - Then there is something more important than just the limited supply  People can use US dollar or gold more than bitcoin but they have less values than bitcoin on market, purchasing powers are smaller than Bitcoin purchasing power.
This is a bit stupid, one Brazil Rial is worth 30 yen, does it make a better currency than the yen? Also, Bitcoin vs. gold, how do you do the comparison? One gram of gold, one kilo of gold? |
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Better solution. Remove the Wall Observer thread and the speculation section.
Careful, the WO gang is the largest left alive, seeing they will come after you and bun you!!! It's still a nice place for shitposting memes, much like some Reddit subs, besides, signatures don't show there so if you count ut the merit begging/fishing it's just a simple topic where still a lot try to feel like in the old days, closing it down probably would mean the end of forum life for a lot. Before I cast my vote, I need to clearly understand your use of the word "disable" wrt JayJuanGee. I wouldn't like to see Jay's typing fingers (and toes as I'm sure he must use those as well) broken or have him end up as a quadriplegic and/or rusty-piped into compliance.
Why a rusty pipe or a crowbar, if you want to disable JJG all you need is to change the max length of a post on this forum to something under 10 000 characters, but if I think twice about it now, it's probably going to be more traumatic than the old style disabling. |
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Let me tell you from years of experience what happens usually in those cases, instead of cleaning your reputation, you make everyone look at your account and more nasty stuff comes to light. I've seen enough accounts coming here to clear a misunderstanding and leaving with 10x more red tags and with an army of alts uncovered.
Oh, what a surprise, seems like my crystal ball was fixed. Turns out the laptop on which he did the review was a loan from his childhood friend's cousin in law nephew who just happened to have purchased a hacked account and just by mistake as he was leaving the house he posted an application for that signature campaign, only to correct it two minutes later. I'm totally sure that's how things went, totally understandable! /s So, how long did it take, one day? What I'm curious about is if he has learned something from this and has decided to shut up for his own good and stop trying to impersonate someone else and claim he's the friend of the friend of the friend. Otherwise, popcorn! I just saw that there is an ETH address involved, which means bounty hunting so at least a dozen more. 'hashrateproducts' had received 0.003 BTC from Mixin Safe review campaign on 19th July, then he sent the BTC to Obari's Bitcoin address.
The irony in this, getting caught because you linked your adreses by using a mixer promo funds. |
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To be honest, I do no know how a country which is allegedly controlled by a communist party would allow such chaos to continue to go on.  Chaos is perfect when you want to hide the really dangerous stuff, it's better to leave a few things in the open to make people believe that's the worst thing rather than trying to get everything in order and failing majestically. There are ways to detect counterfeit gold bars. To be honest, If I was to accept a deal like this one, I would gladly to go for destructive methods of verification.
Everyone does so, if you're going to sell a gold in most asian golds shops prepare to be asked to have it cut in a few random points, nobody is buying gold by the weight volume ratio anymore, with the advance in technology you can right now cast the fake gold bars in less than 0.1% deviance which would fool almost everyone. It's not a new MO by real-estate dealer, I have seen this since at least 3-4 years ago, this Chinese developer is actually a bit better than my developer, they are offering a car. Not only the value of the car is immediately decreased up to 30% after it got into the consumer hand, but they also give the cheapest car they can find on the market.
It's actually the same thing, nobody is expecting you to keep that bar or the car, you can resell them the next day to get your money back, it's not a nonrefundable gift or something like that. Besides, the value of the car is based on how much do they sell that apartment and how much are they forced to declare as value - the minimum fixed price is 500 000 and the real market value is 400 000 they will probably gift you a mercedes - the minimum fixed price is 100 000 and the real value is 90 000 then you are going to get a used vw golf! What is China's obsession with gold bars?
It's not only China, there are numerous countries in which gold is seen differently, both as a showcase of wealth, some safe way to keep your money hidden, a hedge against inflation, in some cases the distrust is so big they will embrace gold just because of that. Unfortunately and this is the second thing in this topic, Bitcoin seems quite unable to replicate this trust gold has on a larger scale, more are interested in the gains in value than in conserving that value over long periods of time or even security. But I guess you can't compete with things that have been around for thousands of years. |
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The world just keeps giving, after my previous topic about paying your debts with monkeys we go to the next funny one, new home gold bar gifts! Yup sadly, it's gold, not Bitcoin, not even Dogecoin or a 2 by 2 pixels NFT! And maybe it's even worse than that since gold can't be checked by a decentralized network for authenticity evey time, it might be something like this:  ^ NOT a Toblerone ! The article is a bit old but it's the only one out of a few tens I've read that covers every step. https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdownTLDR: property developers are struggling to shift stock is that several cities, in an effort to stabilize the market, have banned developers from cutting prices. Huafa Tianfu, a developer in the eastern city of Hangzhou, has been offering up to a kilo of gold bullion to tempt people into buying its flats, if it were 24 carat the 1kg bar would be worth about 450,000 yuan, or 18% of the value of the accompanying flat. So, in the long version, how and why is this happening: - Economic slowdown, deflation on the horizon housing sales have crashed - The government can't allow the prices to go down that much because it will trigger something worse than 2008, with the main government and regional ones being in debt close to 300% which will be a disaster - Since house estate developers are unable to cut fixed prices, they offer you a deal, giving you the house cheaper in reality but at the same time keeping the price up techically So you buy 2 million yuan and you get a 400 000 yuan gold bar, so the price of the house stays at 2 million but you only pay in reality 1 600 000! Now, we all know the Bitcoin situation in China is far than ideal, very far, like over the hills and far away, but could this be some breakthrough momentum when you're not allowed to pay what's worth but what's being said it's worth? Let's look at it: - Most are afraid that the bar will be fake, or of lower purity, total advantage bitcoin. - Gold is harder to buy and once controls are in place no way near a million people a year will be able to get their bars - Not that I'm advocating this but, it's a bit easier to deal with some accounting books once you deal with coins,I mean you can say that you gifted him 1 Btc and then send another 1 btc to some address. Again I'm not defending or advocating for tax evasion! - The government doesn't like the gift loophole but doesn't like Bitcoin either so you got your hands already, but it will like a bit more since they are interested more in gold than in coins - The developers won't have to pay one hundred armed guards to keep safe 1 ton of gold will the clients be afraid to leave the agency carrying a bar in their pocket, it can be done online But more importantly, the seller can just say it's a worthless Bitcoin voucher code, it doesn't affect the price at all and besides, it's almost impossible to check if the voucher has changed owners. If I sell you a house and gift you 100 Pokemon cards I doubt pretty much someone will come to appraise it. Now that I think twice about this I'm really calling for tax evasion here So, do we have a potential usage scenario or I'm grasping at straws in a turd market full of bear dumps? |
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We basic live in another world. This technology of exchanging fiat currencies didn't reach Brazil's banking system.
I know many rich people here, millionaires, who don't have a bank account which can receive USD. Regulations are strict here, more than you can imagine.
Bruh! There is SWIFT and IBAN! I don't even have to know your currency, whether you live be it Uganda or Brazil or Thailand, you give me your SWIFT code and I deposit. I don't even need to have and USD account or an EURO account, exchange is done automatically between banks, that's the whole reason SWIFT was invented in the first place, a settlement platform between banks on foreign currency. Do you think I need to open a peso account here in Europe to receive money from Argentina? We have business partners in 20 different currencies, but we always use the same account, the whole international trade would be screed if you needed the same currency accounts in every country. But you can't transfer BRL, can you? I don't think you can even buy it in your bank. Try later So you're telling me nobody in Europe can send you money unless we open a BRL account here? Seriously?  |
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I've been struggling to make post on my account for sometime now and I barely miss post number because I make my post passionately not to pursue signature quarter and I haven't been an easy one for me without a good phone and still investing all the money I earn in health.
Yeah, ironic: 1000 post in 16 days total logged in time Must be karma! Ps: you had a desktop one week ago when you were doing reviews! I've known sakanwa from childhood
Oh, the childhood cousin who will turn out to be your wife's friend's granddaughter! Simple, you f! up! Man up, deal with it and with the consequences and that's it! Let me tell you from years of experience what happens usually in those cases, instead of cleaning your reputation, you make everyone look at your account and more nasty stuff comes to light. I've seen enough accounts coming here to clear a misunderstanding and leaving with 10x more red tags and with an army of alts uncovered. Even if you're that 0.001% who truly has a friend who lends him his phone to post on Bitcointalk, you will never be able to prove it beyond a doubt, it's easy to just call a friend, make him record a 5-second video of him claiming he is sakanwa, so what? I can post a picture of my cat with a paper signed "theymos", what would that prove? |
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I think this is true for most situations.
If you want to trade a 20usd for an Amazon card, you can certainly use a p2p solution, or some merchant or whatever...
But for people who are heavily invested in bitcoin and want to trade high values, this is not feasible.
Would you dare trade 1 or 2 btc in a p2p? This is very risky, and an exit scam is a real possibility. Additionally, people who live in developing countries mostly don't have an USD/EUR account, which narrow a lot p2p possibilities.
People who live in developing countries and who don't have a bank account are certainly not the major part of the ones who need to sell 1 or 2 BTC at a time in a rush. Besides, things have changed a lot in the last decade, you don't need to transfer USD from an USD to an USD account, you can simply pay a guy from your currency to his national currency the same way, automatic fx exchange is the norm now. Also, how will a guy with no bank account use a Cex to sell his coins? I really want to skip a few years till this whole FOMO of missing a x10 return a year finally dies down and we start thinking less of investing and trading and more of real-life usage. Oh, wait, that thing Bitcoin was built to be! you can just do 4,5, 6 hops... It is quite cheap to make an on chain transaction with 1-2 sats bytes.
Except that if we exclude a one-week interval there hasn't been any possibility of sending a below 6sat/b fee in the last 6 months. If you don't split the inputs and outputs you're not doing anything so easily from a 4 cents tx of 1/1 input-output you need a 2$ tx with at least 4 times the size. Multiply that by 5 hops, then think of what extra transactions will do to the fees if 10,000 people will do so and, it stops becoming that trivial. On the other hand, trading 2, 3, or even 5 bitcoin is quite secure in the biggest centralized exchanges.
Yeah, it was perfectly secure in both MtGox and FTX case, big, old, trusted exchanges.... |
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What happened::
I am following one indian youtuber Wise advise for learning purpose.
Learning? You're following this guy for learning?   You must be joking! And if you're not and you really think you "learn" from him then I can already know how much you will learn from him, 1000 ways to lose your money and do stupid things! I'm really wondering right now what's worse, bitget in case it's a scam o this guy who gives "advice" Guess your mentor hasn't managed to teach you what a recovery scam is! Much to learn you have, your padawan, and much stupid stuff to forget you have! Look, after six days the @OP didn't comeback to reply even though he's active everyday and keep making post in other sections. Seems like he only want to hurt this project and don't want to give clarification whether he want to continue to accuse this project or admit he was wrong.
He didn't get any more advice from his wise advise influencer, that's why! |
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They converted the user's BTC balance to the worthless stablecoin without their knowledge, no emails were sent, and no notification, who does that? Why convert BTC to PTK tokens they don't need? Looking at the status of the company, they don't have the means to pay back the customers, they don't have the liquidity to settle all the debts, the BTC on the user's wallet is only database value, no intrinsic value and this is just another FTX scam.
This sounds like those scams in which you need to send an additional $500 to pay taxes so you can get your $5000 in winning! However, there is a bit of truth in this plan, indeed you can repay debt this way if there is a firm mechanism to do so set in place, basically, the exchange would issue these tokens to cover the debt and will start a buy-back process for them with the funds for that coming from future profits dedicated exactly at this, some sort of bankruptcy model, it would also allow users to sell these debt tokens is they want to cash out easier at a cheaper price but that would not force the other debt holders to sell them at market price. A bit of what Bitfinex did back in 2016: https://www.reuters.com/article/us-bitfinex-hacked-hongkong-idUSKCN10I06HI've never heard of that "company", and it's no wonder considering that it's apparently a local business from Nigeria, which is apparently the product of some crypto enthusiasts with the idea of doing something, but without enough planning and professionalism to really make it work.
The more I read about it the murkier it gets: Founder Hanu Agbodje bootstrapped Patricia -- meaning he hasn’t taken on institutional investors -- for the past four years after starting out with less than $2,000. The company is now planning to raise as much as $50 million to upgrade its technology, hire blockchain engineers and keep up with regulatory requirements. Agbodje expects to raise the funds in the next six months They fled Nigeria to Estonia, they want 50 million, they have 30k claimed transactions a day while employing over 350 people, although they supposedly fired 80% of them, but..they don't have enough money to pay back 2 million. Also no they hold a Lithuania "license" for a company with 1 employee and no title filled this year, and their so-called Canadian MSB number is a business number and the company is listed as inactive, so they don't have a Fintrac license. |
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I am not sure what do you mean by the mining can be affected by the country's economy where I am mining? The whole concept of Bitcoin does not really follow what you are mentioning here. It's just a currency with value based on the volume that is getting traded, the demand and supply in the circulation and few various factors. How can one countries situation can determine whether Bitcoin mining is profitable or not?
Mining doesn't care about volume on Binance! When you think of mining there are two key elements, the amount of energy you can get and at what price! These two are based on real-life economics, it doesn't matter if Bitcoin is decentralized or centralized or if SpaceX buys or sells coins, the amount of available energy and the price you can burn it for are the ones that dictate everything. A second look at those countries in the top 10 list and ask yourself, why is barely anyone mining there? Because cheap energy doesn't mean a huge amount of them, it doesn't mean stability, it doesn't mean that you an afford the capital needed since, well, the price of miners is in dollars, not shit-currencies that devaluate 50% a year, that the infrastructure is almost non-existent, that powercuts are more frequent than normal times, that there is need for constant bribing and so on! |
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No reason to be intrigued it's the same thing as discussed a year ago https://bitcointalk.org/index.php?topic=5405856.0and it's just a bit of BS moving two values in an excel sheet as many miners have pointed out. They take the average electricity price and draw calculations, forgetting one important thing, no miner mines at average prices! And I have to add, no miner mines at consumer price either as they would simply go bankrupt. If you look strictly at that map you see Mexico scoring twice as cheap as the US, but there are no major farms in Mexico while at least 40% of the hash rate is in the US, and the reason is simply, while that index price has the US at: USA electricity prices
Household, kWh Business, kWh
U.S. Dollar 0.174 0.146 Riot does so at 2.5 cents: https://www.sec.gov/Archives/edgar/data/1167419/000107997321000537/ex99x1.htm700% is quite a stretch, isn't it? |
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Wowww mining Bitcoins and the bitcoin price is not important at all. Thats why so many miningscompanies went bankruptcy when the price was at 16k  You're trying hard to not get it! Electricity is the most important thing because with basically zero cost you can stay in the game till everyone else collapses. You don't pay for the electricity as you're in some kind of program where you have excess capacity that you can't feed into the grid, you have the generator but you don't have a next-door consumer as your biggest one has moved away or something else, then you don't really give a damn if it goes to 5k! It's a matter of survivability, Bitcoin can go now back to 40k and you will still see miners losing money as more farms with cheap running costs will push you out of the market. It easily can turn into a situation where the same guys that were making profits at 20k could go bankrupt at 30k. As for derivatives, yeah, how about no! |
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They're not even doing anything with the BRC-20 tokens, they're just minting them because somebody like Leonidas told them to. The only real winner here is the service, and those who have a stake in the success of the service.
Much like the jpeg inscriptions, this is 100% hype driven and will not last.
would you agree with that article? it seems about right what i would have expected. but the entire nft market is in a slump. I think there is a tiny difference between minting and transactions and the price those things fetch on the market. While Bitcoin maxis would have little interest on how much a monkey is valued in some fake auction, what most here are concerned is the amount of "spam" those things do, and if you look at the statistics: % of BTC Transactions https://dune.com/queries/2432967/3996835 Number of BRC-20 Inscription Minted https://dune.com/queries/2433706/3998316 Not that much has changed, one might say it's even worse. |
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