What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ. What assets do you recommend for scalping other than Bitcoin and what platform to use for those assets?
Pros for scalping Bitcoin is volatility. If you're good at scalping then you won't require a lot of capital and/or leverage when you trade. Cons, it's also volatility, but just for plebs like me, or us? If you're a good scalper it will be good for you, if you're not, it will be a vector that will cause you mistakes. When we do talk about scalping, then this is something that not all would be able to do so because actually scalping on a volatile market is really something a huge or almost close to impossible for someone to leanr in a short time. This is why we dont usually see those traders who do love to play with those movement but there are actually ones who are really having that kind of method which not everyone could able to learn on. Even myself did make out some try on scalping on 5-15m timeframe which i do end up on being that impulsive yet i couldnt handle out my emotions on just seeing those candle sticks who do rose and goes down on a very active manner on which i could say that TA wont really be that much precise on this one. Therefore, i have decided not to deal with this because it is really way too risky and this is the fastest way on blowing up your account if you arent really that good on this one. It's not close to impossible to learn, it's just hard for plebs like us to profit from consistently because most probably plebs are under-capitalized which doesn't make it easier for risk management. The other mistake is using a very low time frame like what you posted. Executing trades using a 5 - 15 minute time frame without a bot will just commit you to make mistakes, and from accumulated mistakes, it will eventually make you more emotional.
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your technical knowlegdge of how bitcoin works franky is pretty next level. there's no doubt about that
There's very much doubt about that. Based on his blatant lies about how the lightning network works, and the inability to see value in backwards-compatible software, I rather think he is technically inexperienced. Not to mention that he hasn't wrote a line of code and just whines about how developers should code. Haha yeah, and it's not just about disinformation and the lies about the Lightning Network. It's also the fact that he evangelized that Bitcoin Unlimited, and all those hard forks to bigger blocks, are the best technical solutions to scaling the network. He probably should make his definition of scaling clear. Furthermore, don't miscalculate how smart those who spread FUD in the forum are. 4D Chess is being played, but you might already know.
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OP, but the problem, Ordinals/NFT users want to store their dick pics and fart sounds in a bank vault, not in a museum. They believe it's part of the attraction, and part of what makes them "more valuable". BUT I believe some of them, especially the plebs, will concede that the inefficiency and the fees are not worth the costs on their capital. It also gives speculators some opportunities to do some shitcoinery. Stacks has a token, STX, which might surge during the next bull cycle, and there's also another offchain/layer 2 network called MintLayer, which will have its own token soon. The most compelling one is LayerTwo Labs. No token, just Drivechains, https://layertwolabs.com/
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I think one of the reasons that Germany are doing so well is that the economy of Germany is the largest manufacturing economy in Europe. Germany is also the most open economy amongst the G7 states, with a foreign trade quota at around 98% Germany's rebirth as a global economic power after World War II, just shows us how fast they can recover after a crisis, so it was expected that they would bounce back first, after Covid and also the influence of the War between Russia and the Ukraine. Read the first posts that bumped the topic. Germany is in a technical recession. Germany! Supposed to the economic-industrial leader in Western Europe, actually the WHOLE of Europe, turned into a big joke by their current leaders. It's also probably because of their involvement with the war against Russia. If they wanted to fight a proxy war for the United States, then they shouldn't have shut off their nuclear power plants and be independent from Russia for their energy needs. The root of German inflation might be high energy costs.
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Current number of post (Including this one): 9403 Rank: Legendary bech32 address: bc1qhmsfudf3ejayfy5sqrpm5xyfkn5h4a3jphwycc Merit earned in the last 120 days: 77
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I must say that information is power. Personally, I was thinking very shallow on my bitcoin journey, I thought that if I can accumulate up to 0.5BTC that I have attained my bitcoin goal,not until when I saw this thread and started reading about members contributions on accumulating and holding for a very long time. I have no way of agreeing with your plan because humans are basically never satisfied with what they have. Bitcoin is money, you can never give up on the amount you have without trying to accumulate it again as long as you are confident and have the budget to do so. 0.5 btc is not much, but it might be a lot for your current financial capabilities. The time will come for you to have a bigger investment portfolio if you can do it consistently. Investments don't need to be forced and you have to be wise enough to set the direction of your income and expenses, so save as much as you can. Also some plans have gone haywire for some reason even unexpectedly. Do you remember when covid happened, many of us or investors had to sell a certain amount of bitcoins because they lost their source of income because of the lockdown. It might not be much, but I believe after the next bull cycle is over, most of the new entrants will obviously have a harder time in owning one whole Bitcoin because it would be too expensive. It would probably not be lower than the last ATH. Although, there might be more golden opportunities to come. The Federal Reserve and other Central Banks of the world have printed so much paper money, "FREE MONEY", for more than 10 years, pumping the economy, that it makes everyone more reckless. But with the aggressive tightening and the rate hikes, there might be hard landings in many regions of the world coming, and this will make assets DIP including Bitcoin.
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Meanwhile, German GDP in the first quarter of 2023 decreased by 0.3% (worse than expected). Over the past quarter, GDP fell by 0.5%, that is, there are two quarters of GDP decline in a row. It's a tech recession that Olaf "it's just ridiculous" Scholz ruled out completely in January.
Germany's GDP also contracted by a half of a percent during the end of 2022. That's two quarters of contractions, which puts their economy in a technical recession. For the people living in Germany, has inflation gone down yet? Or does it remain high? Because if inflation remains high, it's going to end in stagflation = economic recession + high inflation. It will not be good.
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the trust rating by the MODERATORS. is due to the MODERATORS receiving cries from YOUR CLAN of idiots.. where YOU lot were telling gmax that you have been gaslit and crying about multiple things where he got annoyed with all the crying
Stop being a drama-queen. Achow and gmaxwell will never give anyone a negative trust rating if truly there wasn't a reason to do it. Plus gmaxwell literally banned you from posting in Development & Technical subforum. It was something you did, franky101. You're not the victim here, and no one is crying. We're actually laughing.
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Royse777 is not home but I was asked to make this response on behalf of him.
Please remove the signature, the campaign is on hold until I have an update from the team. I have contacted the representative I am in touch with and waiting for his response.
Whatever happens, active participants will get paid of whatever is outstanding from the last week and this week until yesterday. The escrow address does not have a balance though but I will make sure you are paid.
Regards,
Royse777
Thanks again Little Mouse for posting the information.
Sorry guys, I was away whole day. Earlier in the afternoon, the person in contact with me for BetterCallRaul was telling they (Raul management) are not replying (it was about refilling last week's outstanding 0.03543932 BTC). I told him if they don't respond by the next payday then on the next payday I will pause the campaign and wait for them (management) to refill the wallet for outstanding (last week and whatever it will be for this week) balance first then I will relaunch the campaign again if needed. The person in contact told me not to do anything right now and he is stressed too as they said something related to Chipmixer came to his (management as I understood) house. My understanding is that my contact person was not aware of seizing (or whatever we make from it) the site at all at that time. I was not aware too. After few minutes I was just checking my Telegram group and found someone posted a screenshot and there is a talk about Raul. Immediately, I responded my contact person to know is this really on their site (I did not want to check from my clear net on the phone)? But he was offline. He responded later with a yes. But by the time I am already stressed and not sure what to do. I asked Little Mouse to investigate and give me some valid information of what is happening as I am not home and can not access my laptop, I am not a mobile friendly person. All felt that happened so quick that I was not able to make up the mind to whether continue the campaign or not. After thinking a while I figured, if the domain is seized then no point to continue and if they rug pulled (hope they did not) still there are no point to continue the campaign. In the first case I only can hope they will pay the outstanding (if they have the opportunity) through my contact person but in the 2nd case, I don't think they will even pay a single penny. So in any case pausing the campaign was the most logical decision. No matter what happened (seized or rug pulled) I had to act immediately and inform Little Mouse to pass the update. Thanks LM again.
The campaign is on a Pause, consider it Closed. Whatever you posted until yesterday has been counted. One person removed the signature before I asked LM to post the update. I am not sure when he removed the signature, but since his bio did not have signature when LM (I trust his words) was checking everyone's bio, I am considering he left the campaign without informing me so he will not receive anything. Your data for the incomplete week (week#8) Forum User Forum Rank Payroll Email # of posts while counting Total post Post Denied Eligible Posts Comment Reward p/Post Bonus Total USD Payout BTC OmegaStarScream Staff-Legenday Legendary 12 $0.00 12 $5 per post $5.00 $60.00 0.00222651 1miau Legendary Legendary 17 $0.00 17 $5 per post $5.00 $85.00 0.00315422 Wind_FURY Legendary Hero 14 $1.00 13 all set/ss shared $3.20 $41.60 0.00154371 d5000 Legendary Hero 1 $0.00 1 all set $3.20 $3.20 0.00011875 boyptc Hero Sr. Member boy 17 $0.00 17 all set/ss shared $2.40 $40.80 0.00151403 ZAINmalik75 Sr. Sr. Member 14 $0.00 14 all set $2.40 $33.60 0.00124685 Gladitorcomeback Sr. Sr. Member Glaxxxxxxxx 16 $0.00 16 all set/ss shared $2.40 $38.40 0.00142497 Franctoshi Sr. Sr. Member fra 21 $11.00 10 $2.40 $24.00 0.0008906 SamReomo Sr. Sr. Member sam 19 $3.00 16 all set/ss shared $2.40 $38.40 0.00142497 bbigtart Full Member Full member ubi 17 $0.00 17 all set/ss shared $1.60 $27.20 0.00100935 Josefjix Full Member Full member dav 17 $0.00 17 $1.60 $27.20 0.00100935 Faisal2202 Full Member Full member btt 19 $0.00 19 all set/ss shared $1.60 $30.40 0.0011281 Hvdv Full Member Full member Hvd $0.00 all set/ss shared (removed sig without permission) $1.60 $0.00 0 Negotiation Full Member Full member 16 $8.00 8 (have neutral related to posts) $1.60 $12.80 0.00047499 Cryptomultiplier Full Member Full member 25 $3.00 22 all set $1.60 $35.20 0.00130622 Total BTC for this week is 0.02292563 BTC I only can hope that the domain was sized and soon my contact person will update that they are going to send the BTC. I will wait a week for that, to hear something positive for me. If there are no payment then I will have to pay both weeks outstanding payment out of my pocket. Please allow me 7 to 10 days before you see the payments on your wallets. I hope you all are okay with that. Sorry for any inconvenience. I think none of us expected such ending especially I never expected to make another huge lose in the business and paying out of my own pocket again after Bitlucy scammed me (Over $6.2K or something, I can not remember exactly). Anyway, it is what it is. You all expected to get paid a total of 0.05836495 BTC from me by the next 7 to 10 days. My only hope is, the contact person gives me some positive information. :-( Looking forward to work with all of you again in another campaign whenever we will have a chance. Have a good night. Cheers, It's not your fault, Royse. Personally, you don't need to pay me if the escrow wallet is not refilled by BetterCallRaul.
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What pros and cons do you see when scalping Bitcoin vs. other assets such as NASDAQ. What assets do you recommend for scalping other than Bitcoin and what platform to use for those assets?
Pros for scalping Bitcoin is volatility. If you're good at scalping then you won't require a lot of capital and/or leverage when you trade. Cons, it's also volatility, but just for plebs like me, or us? If you're a good scalper it will be good for you, if you're not, it will be a vector that will cause you mistakes.
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"Greater" is definitely subjective. The only reason we have bounced back every time is because we have increased the debt ceiling and taken on exponentially higher levels of debt. This cannot continue forever.
It cannot continue forever, granted. The question is when will it happen. Why do countries still feel confident with the USD, after all these further actions the US has taken to retain their economy, which discredit their currency? Because, simply, no other fiat currency is better than the U.S. Dollar in Liquidity, Saveability, and Investability. To make Bitcoin an example, it's the same situation. Anyone open a debate that there are "better cryptocurrencies" out in the market, but not all merchants and services accept those "better currencies". Bitcoin contrastingly is accepted EVERYWHERE in crypto, which makes it better in Liquidity, Saveability, and Investability.
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Can anyone explain how it technically works?
Simple! Foundry USA which is the biggest mining pool right now, and the one that sponsored mempool.space with both money and hardware is now planning on offering the same thing as ViaBtc does but through mempool.space . As you can see the block that confirmed it was mined by Foundry , but it was a coincidence they mined one right then, probably they've done more instances of the videos till they got one right! Btw, their new feature seems to not be counted by the explorer, it still shows the fee span as 86 - 401 sat/vB despite it being 1 - 401 in reality. OK, it's merely having a "secret deal" with some group miners/pools, and paying a secret fee to get the transaction into the next block. I thought there was some open-protocol built by some bright developers to make it possible. It's actually giving some miners an unfair advantage over those miners who aren't included in the "secret deal". I'm locking the topic.
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Aaron van Wirdum, one of Bitcoin's most trustworthy Bitcoin researchers/journalists, has shared his Google Drive containing his research on Bitcoin's prehistory - Projects based on cryptography that were built before Bitcoin, which marshalled the path towards its invention. https://drive.google.com/drive/folders/1j7PDr7uTNsJs3CmCmtB0vLjmkKz4GOnQIf there's something to learn about Bitcoin, it's that the implementation of Adam Back's HashCash, and the incentivization for providing Proofs Of Work is at the center if it all.
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--Snip--
No franky101, I'm talking about the gaslighting that you and jonald_fyookball did during the scaling debate. Plus your trust page has two negative ratings from gmaxwell and achow, two of the most trusted members of BitcoinTalk. Why should everyone trust you? I believe the only reason why you're not banned in the forum is because the mods know you'll just make another account.
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There's video in the link that demos how a 1sat/vByte transaction was confirmed within three minutes even with the cost to include the transaction is supposed to be 88sat/vByte. https://twitter.com/mempool/status/1659619347910803466Can anyone explain how it technically works? I'm reading the posts in that link, and people are not happy. Why are they suggesting that it's something like "Good bye to decentralization"?
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i laugh at you silly people.. you spend more weeks wasted on personality attacks.
But it's no mere personality attack from me, no? You actually gaslighted me, and many other newbies/plebs into believing that a hard fork to bigger blocks was the right way to scale Bitcoin. You also were pushing on the narrative that Bitcoin "split into two into Bitcoin Core and Bitcoin Cash", and you were trying to make everyone believe that the altcoin "Bitcoin Cash" has as much right to claim to be "the Real Bitcoin" as "Bitcoin Core". You brought it on yourself, and that's a fact.
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so now windfury is denying the existing of these meme bloat.. and denying that core devs are devs.. soo who is mis informing??
core are bitcoin devs that softened consensus and even your forum daddy admits core done it. he loves promoting their role in it.
so if you are denying it. then you are denying your daddy. again you sway in one direction when the scripts written for you say A then you change to script B denying A when the script changes
how about look at code. look at block data instead of your silly influencer social drama of trusting people.
LOOK AT THE DATA. do your research.
Okay, you're right. The developers of the core have been quite consistent in easing the initially tight restrictions of bitcoin, this has had its consequences, both positive and negative. With this we figured out, to the question "who is to blame?" the correct answer is found, now let's move on to the question "what to do?". Because it's easy and fun to loosen restrictions - it entails promising prospects in terms of scaling and rapid success in terms of breadth of adoption. But there is a nuance, once a weakened restriction can no longer be strengthened back without at least a partial loss of backward compatibility. Someone will inevitably suffer in this case - simply because yesterday it was still possible, but today it has become impossible. What do you propose to do about it, other than pointless grumbling on the forum? He proposes nothing. He merely wants to gaslight everyone into believing that the Core Developers are "evil", and that they should be replaced as the stewards of the network. That has ALWAYS been the big blockers' agenda. Roger Ver and Jihan Wu have given up and hard forked to the altcoin Bitcoin Cash, but some of the members of their Flat-Earthers association has obviously not given up. so now windfury is denying the existing of these meme bloat.. and denying that core devs are devs.. soo who is mis-informing??
Putting words in my mouth again, franky101? This is what I said, You're a forum drama-queen. But what's the solution franky101? A hard fork the bigger blocks to "scale onchain" and end with us having an unscalable, bloated blockchain? Because that's always been your stance, and probably also the removal of the Core Developers as the stewards of the network. Your gaslighting might work on newbies, but it will never work on the forum-sisters. Hahaha.
Frankly (no pun intended) I don't understand why he even bothers... He's wrong on a technical level a decent deal of the time so its not like he's really "here to educate." He's here to derail topics and crack heads, specifically those of people who believe in milli-sats. Gaslighting and disinformation. I could personally say that it truly works on plebs/newbies, because I was one of those plebs/newbies who thought that a hard fork to bigger blocks was the right solution to scale Bitcoin during the days of the scaling debate, thanks to franky101 and jonald_fyookball. They did a good job in convincing many many people that the "Evil Core Developers" were acting in their own self-interest by regulating the block size. But everyone already knows it was FUD, and ignorant comments. I don't know why people in the forum vote him every year as the "Anti-Hero". Hahaha.
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IMO I'm not sure it should matter as much on what the user can do themselves, some of the users may not even be here anymore.
The forum itself should want the images as they were in the thread, to preserve the historical nature.
I certainly will not be mass-editing my prior posts, with or without a script, so hopefully there will be something that can be done here with one of the options in the OP, even if it doesn't end up the most optimal option for the forum and future readers.
But what else can be done? I believe the second option is the best compromise without making the forum give up its users' privacy. It's the right move in principle, although it won't make many threads look very good.
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Printing more money while raising rates in theory to combat inflation is going to quickly become nonsense. Japan is already further down this road and well aware they exist in a ruined landscape financially that government is broke though the country could do well without them it hardly bodes well for the health of an economy if the largest issuer of debt is unworthy via its endless refusal to settle debts.
Can any major debtor modern nation now settle their debts, what happens when this is called upon with reference to our knowledge of how bad effects easily spread globally & with a domino effect of losses and decline in trade. I almost hope they get away with their nonsense as it will be so troublesome in conclusion when it topples.
Loosening and tightening at the same time? Doesn't that defeat the purpose of either, and is that really what Japan is currently doing? I believe Japan is still loose with their monetary policy. Because the last update I've read about the Bank of Japan is they're printing more Yen to save their bond market and maintaining their rates low below 1%.
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People are making a huge deal about something that is not nearly as big as it is being sold to the misinformed. This added recovery feature, come as a subscription option and you have to pay for that, so not a lot of people are going to opt-in for that extra feature. We know Ledger were hacked a few years ago.... and a lot of people's information were stolen.. then criminals used that data to launch targeted Phishing attacks on those clients.... so why will people trust them now? The same viewpoint! How could we truly trust a company that's suffered a breach before? It's just fair warning for users to be careful, because what Ledger has technically done, is they backdoored their devices. Plus I will say it again like a broken record, "How can we really verify that their ability to backdoor isn't already there"? But you're also right. Everyone is making the issue bigger than what it is. Anyone who doesn't like Ledger's update should buy a Trezor.
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