What startled me is that (almost) no one has already mentioned the extremely poor "conversion rates" of this experiment. From what I understood, according to the article, another experiment was conducted two years later in order to see how many students who took part in the bitcoin give away were still using bitcoin. Unfortunately, only 14% claimed to actively use Bitcoin. Isn't that a tiny percentage for students studying in such an advanced technological institute?
Thus, it's pretty safe to conclude that giving away free money isn't the key to Bitcoin's mass adoption. Most will simply convert it to fiat and cash out the money, which is quite a common option according to the article, as students claimed that it was "free money" and not an alternative way of holding value and conducting transactions.
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Hm that's weird, for them to ask KYC so often. At least from my point of view as I don't remember being asked to do that in the last couple of years but I guess it depends on what you are doing with you account and the amounts you are receiving/sending. On the one hand, I'd prefer to withdraw all funds from any centralized exchange, such as Binance, but on the other hand, keeping my money in decentralized wallets such as Metamask doesn't sound too safe to me. There are a lot of scams and exploits going on, and you can never be too sure. For this reason, centralized exchanges appear way safer, and I believe that if anything ever happened to Binance, for instance, it would compensate its users.
Why would Metamask (which I agree is not safe enough for anything else other than hot wallet) be the only alternative to centralized exchanges when for less than $100 you can buy a hardware wallet and have your money safe? For this reason, centralized exchanges appear way safer, and I believe that if anything ever happened to Binance, for instance, it would compensate its users. They may appear to some, but they are not. Its foolish to think that Binance would compensate their users if anything seriously bad happened, especially after everything that has happened in the past with other exchanges and platforms. Btw, you may lose your funds without anything bad happening to Binance as they can block your funds for whatever bs reason they think of and there's not much that you would be able to do without hiring lawyers. Now that you and another member mentioned it, one of my suspicions is that it has to do with Greek-issued government IDs. We still haven't transited to European ones, which are the size of a credit card and, like driver's licenses, do not have an official expiry date. I only hold stablecoins on Binance for staking. Normally, I wouldn't have them in an exchange, but after the Terra incident, it was the quickest and safest thing I could think of. I'm definitely not storing Bitcoin there, but in an offline wallet. Thus, I don't see a reason for a hardware wallet at the moment. I'm definitely not certain that Binance would reimburse its users in the case of a hack, but wouldn't that be the end of the exchange in case it happened? That's how I see things. However, there is zero guarantee that your funds are 100% protected.
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It's not important if you're not participating in the forum's marketplace, fulfilling deals and sales. Fortunately, compared to other forums I've been to, the trust system is solely based on past transactions with other members and not based on a so-called reputation system where anyone can give each other positive or negative feedback without too much backstory. This way, you can't be targeted if someone doesn't like you based on what you're posting, but only through your transactions.
I was in a similar forum a few years ago, and it was easy to receive both negative and positive feedback with no background to back it up. It resulted in non-legitimate feedback in many users, which ended up in me getting scammed because you could never be certain if it was valid feedback or not. Not only did I lose money, but also the ability to be trusted, since the reputation system was so broken that you'd get negative feedback from the scammer's friends.
Fortunately, this isn't the case with Bitcointalk.
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This is the second or third time Binance has asked me to verify my identity. Nothing has changed; it requires the same documents I uploaded the first time; same ID, same proof of address, everything. A friend of mine, who was also referred by me, has been subject to KYC verification twice this year. I understand that they want to keep making sure that all personal information is valid and up-to-date, but it sounds too exaggerated to me. On top of that, they are offering a worthless $10 cashback voucher if you verify successfully. If you don't, however, you will suffer account limitations till you submit your information. It's honestly a boring procedure. On the one hand, I'd prefer to withdraw all funds from any centralized exchange, such as Binance, but on the other hand, keeping my money in decentralized wallets such as Metamask doesn't sound too safe to me. There are a lot of scams and exploits going on, and you can never be too sure. For this reason, centralized exchanges appear way safer, and I believe that if anything ever happened to Binance, for instance, it would compensate its users.
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Thank you for the great effort you made in creating this topic, for me I do not like to take risks so I always choose Top Ten coins in the market to put the largest part of my capital in, I do not like to risk big numbers so I use these top ten coins because they are guaranteed in the future , while I am risking a small section of my capital in shitcoins with lots of zeros (there is a good chance it will multiply many times) and when it goes up a little I sell it and make some profit.
There's no guarantee when investing, even if they're the top 10 ranked coins. The sooner we adopt this mentality, the better. There are quite a few instances of coins dropping down from the top 10, either because they crashed or due to loss of interest. Some examples include Litecoin, which did not crash to zero but was simply outclassed by newer, more advanced coins; XRP, which crashed after a lawsuit, if I'm not mistaken; and Terra, which is now worth almost nothing. It's pretty safe to conclude that investing is risky. Even if you choose to go with the safest-looking options, the risk is always there. Also, I'll have to disagree with the OP's statement regarding 10x capabilities by investing in Bitcoin or Ethereum. Nowadays, in order to achieve a 10x from Bitcoin, it'd have to surpass $200.000, which is highly unlikely to happen anytime soon. to reduce such risk, even if you are investing in top alts, you should also keep up with their updates and not be contented for months or years without checking the progress of the coin. there are some instances like the xrp lawsuit and the terra crash. if you think there is surrounding news towards the coin you are holding, better keep an eye on them and decide which path you will take before you totally lost your investments. That goes without saying. You should always keep track of your portfolio, especially when dealing with altcoins. However, it's not always possible to suspect a possible crash. Terra, for instance, crashed throughout the night. I remember going to sleep thinking my UST were just fine, only to wake up with $300 less in value. I would never leave funds on a coin and not thoroughly keep track of its progress. The only one I feel comfortable doing is with Bitcoin, which has proved its worth throughout the years. Apart from Ethereum, perhaps, I don't think I'd hold any other altcoin without paying attention to the market. Cryptocurrencies are not autopilot, they need persistence, patience and strength in order to survive and earn money through them.
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A colleague of mine has a few solar panels on his roof and was interested in investing in a cryptocurrency miner. Even if we suppose that he had the capability of being entirely self-sufficient with zero energy costs, the monthly earnings were still not enough to justify such an investment. I don't think it's currently worth putting money towards building a miner. Perhaps if you have zero or extremely low electricity costs and are willing to hold onto any earnings for the bull market, then you can possibly make a decent profit. Otherwise, it's not worth the trouble.
I'm certainly not the most qualified person to answer your question. I used to mine with a relatively low-powered PC with two GPUs in 2017-2018. A lot has changed since then.
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Thank you for the great effort you made in creating this topic, for me I do not like to take risks so I always choose Top Ten coins in the market to put the largest part of my capital in, I do not like to risk big numbers so I use these top ten coins because they are guaranteed in the future , while I am risking a small section of my capital in shitcoins with lots of zeros (there is a good chance it will multiply many times) and when it goes up a little I sell it and make some profit.
There's no guarantee when investing, even if they're the top 10 ranked coins. The sooner we adopt this mentality, the better. There are quite a few instances of coins dropping down from the top 10, either because they crashed or due to loss of interest. Some examples include Litecoin, which did not crash to zero but was simply outclassed by newer, more advanced coins; XRP, which crashed after a lawsuit, if I'm not mistaken; and Terra, which is now worth almost nothing. It's pretty safe to conclude that investing is risky. Even if you choose to go with the safest-looking options, the risk is always there. Also, I'll have to disagree with the OP's statement regarding 10x capabilities by investing in Bitcoin or Ethereum. Nowadays, in order to achieve a 10x from Bitcoin, it'd have to surpass $200.000, which is highly unlikely to happen anytime soon.
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I don't have the fancy reasons others have, such as to preserve anonymity or because I was a cryptocurrency trader. I used to be a competitive cyclist when I was a teenager and had recently purchased a Shimano Ultegra groupset for my bicycle. Thus, I came up with Ultegra134. The numbers don't represent anything but were mostly used when my desired username was taken. This is the only forum I've used so far and will probably stay that way. I guess it represents the start of my cryptocurrency era and the start of competitive cycling.
A little boring since it doesn't have much to do with cryptocurrencies, isn't it?
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Well, Kraken isn't that bad in terms of fees, but it certainly doesn't have the lowest ones. You'd be better off using Binance, which I think currently offers the lowest fees compared to other exchanges. The conversion to euros or a stablecoin is still considered trading, thus, you're subject to trading fees. Kraken is decent, but Binance is way more affordable in terms of fees, and it's also the main reason I switched to them. Fees were adding up when trading and were reducing my profit. Binance offers as little as a 0.10% trading fee.
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Just a short squeeze, nothing too much in this to get excited about, particularly as we've been here before several times already these last 4 months. If we're patting ourselves on the back for this, I won't know what we'll do to award anyone who makes it through new lows (they're coming, don't dream) and emerges in 2023/4/5 to claim a new ATH. Medals are cheap Exactly this. Why is everyone so excited when Bitcoin makes even the slightest bump? For quite a few months now, Bitcoin has been ranging between $19.00 and $21.000 for quite a few months now. There weren't any significant gains, it didn't even reach $21.000, but somehow, Bitcoin's and Ethereum's rally is all over the internet. We have a long way to go to see any decent recovery. Continue holding and we'll be rewarded.
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I'll make the educated guess and say that Google is filled with similar phising ads, because I'm also seeing two sponsored ads regarding a fake Coinmarketcap website, different from those you and OP posted. Honestly, I don't see why you'd connect to CMC in the first place but I'm guessing that it's fairly easy to get carried away. Here's the two websites being shown. Both already reported to Google and hoping they're taken down. It's kind of frustrating that no background check is being conducted when Google is listing such advertisements. Edit: Photo stopped showing
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This is also something to take into account, and I've been expressing myself too. If the economy is in the current or worse state of recession, don't expect the halving to rapidly change the market. We are, however, supposing or at least hoping that things will have improved by then. In my opinion, the economy will be in a better state than the current one, but still won't be at pre-Covid-19 levels, which means that Bitcoin might not have skyrocketed by then, but one thing is almost certain, that Bitcoin will be worth a lot more than it is now.
Will it surpass the previous all-time-high? From my point of view, if it hasn't, it will be quite close to it.
Whatever happens, you can rest assured Bitcoin won't be going anywhere soon. I think 2024 will make Bitcoin bigger and stronger than ever, as more miners join the Blockchain for profit. After all, there will be less Bitcoins generated per block. Price-wise, Bitcoin should be able to reach a new ATH shortly thereafter if the global economy fully recovers. Even if the economy worsens, Bitcoin will be much more valuable than what it is right now (although it won't reach a new ATH in price) because of the rules of supply and demand. Kudos to Satoshi for making the best money the world has ever seen. Who knows if someday Bitcoin beats Gold as a long-term store of value? Just my thoughts I don't think the economy will be in a much worse state than it is right now. We're quite close to hitting rock bottom. How much worse can it get in just a few years? Even if it's in the exact same situation, Bitcoin after the halving will certainly be worth more than it's worth right now for the reasons you previously explained. Therefore, I don't find any particular reason to sell my Bitcoin before the halving occurs, unless I'm in dire need of money. I'm patient enough to hold for as long as possible.
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How would you deal with food waste on a personal level, and what other action should be taken from businesses in order to reduce food waste? Do you have any tips you use? I can't see any more food expiring in my fridge, it's a huge waste of resources.
When it comes to things that are perishable, I don't stock up a ton. For example, instead of buying a ton of apples, maybe just buy 2 or 3. I have a lot of stock of canned foods and things like that, but apples as you mentioned, or things like bread and milk, I don't buy a ton of them instead opting to make more trips to the grocery store. I hate throwing away food, and I'm also not a huge fan of trips to the grocery store, but I think if you are only there to grab a few things it isn't so bad. Just starting thinking quality over quantity with your trips to the grocery store. Maybe that super pack of potatoes is a great deal, but maybe you really only need 2 for dinner and not 40 for the next couple months. The issue is that even then, I just tuck them away in the fridge, never to be seen again. But generally, I try to be frugal and not purchase in huge quantities or buy products in large packaging, because most of the time, it'll simply go bad before it's consumed. I'm trying to limit junk food by switching to salads and fruits. Chocolates, chips, or bars because they are nutritionally worthless. They only provide you with a sugar boost, and that's it. Not only that, but a bag of chips costs something like €1.50-€1.50 and is consumed in a matter of minutes. I'd rather buy a few apples or bananas that'll get me going for a day or two. We go to the supermarket for groceries 2-4 times per week
That seems a bit excessive... once a week is the best I can manage As far as advice, I don't think there is any magic in it, just takes a bit of planning and discipline - track what you typically consume and buy only as much perishable food as you will need until the next trip to the store. I also found that having a large freezer is a good tradeoff - it costs money to run but it can save a few trips to the grocery store and many fresh perishable items can be frozen without significant loss in nutritional value, so it helps reduce waste. I wonder if you've noticed cultural differences in food waste. Where I come from, throwing food away is very frowned upon. We prepare only as much food as we need; we put only as much on our plates as we'll eat; and if leftovers happen we eat it the next day. Lots of people around us seem to think that's weird and that leaving half of the food on the plate is some sort of sign of wealth ("I can afford it"). To each their own I guess. Hmm, maybe I'm over exaggerating, but it's at least 2 times per week, maybe even 3. I tend to purchase only a few things at once, those that I only currently need. Knowing myself (and my girlfriend) if we buy a ton of food, there's a good chance that some of it will end up in the bin. I don't have the tendency to leave food on my plate, but once in a while, there will be leftovers that'll be forgotten about and thrown away. It's sad.
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I've been living with my girlfriend for the past few years. We go to the supermarket for groceries 2-4 times per week, depending on our purchases and needs. I'm generally careful when picking items that will be consumed and not expire or go bad in my fridge and avoid going on a junk food shopping spree because not only is it a huge waste of money, but also because eating junk has no nutritional benefits.
My largest issue, however, is that I'm constantly finding myself throwing out food. It's not that we're making excessive purchases during our supermarket trips, it's just poor food management. I don't know what to call it. We'll buy a few apples, eat one or two the first two days, and then completely forget about the rest until they get bad and are thrown away. This is way more common when buying marmalade, toasts, and drinks in general. We're literally throwing a bag full of groceries at least once a month or two. Not only is it a shame, but it also costs too much money, especially in our day and age.
The worst part about food waste, though, is not the one occurring from individual consumers but from businesses such as hotels or supermarkets. Until recently, I was working for a large supermarket chain, you can't imagine how much perfectly good-to-eat food and supplies were thrown away either because they didn't look good for the customers or had damaged packaging. It's heartbreaking. If only such organizations bothered to give away these products to people and institutions.
How would you deal with food waste on a personal level, and what other action should be taken from businesses in order to reduce food waste? Do you have any tips you use? I can't see any more food expiring in my fridge, it's a huge waste of resources.
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Didn't Elon Musk cut Ukraine's satellite internet after Andrij Melnyk, a Ukrainian diplomat, told him to f*ck off after posting a tweet regarding a possible solution to end the war or at least release tension between Ukraine and Russia? While on the one hand, I understand that Ukraine doesn't want outsiders interfering in their war (ironic if you think that if it wasn't for the west, who knows how far Russia would have gone), Elon was just stating one very possible scenario. On the other hand, I find it completely unprofessional from the diplomat's side to respond in that way on public social media.
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As mk4 already mentioned, the article doesn't disclose the sample size, which is a vital number when making such bold claims. If we suppose that this survey is up to statistical standards, 22% is quite a significant percentage.
Honestly, if I had the option to be paid in Bitcoin, I'd be quite skeptical to accept it. Your monthly salary is supposed to cover your expenses, settling for something that is volatile doesn't sound like a good idea. I'd rather set aside a X amount of money which goes towards investing.
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Telegram, Facebook, Discord, and probably other platforms are filled with such signal groups. Why would anyone, in their right mind, follow them? Anyone joining these kinds of groups is accepting the risk of getting scammed, tricked and ending in a loss of funds. In my opinion, becoming greedy and thinking that easy money exists is the reason why these groups exist, and OP, you sound like one of these people who go by this moto.
Good luck to you, but you won't manage something even if you actually sue Telegram, which is highly unlikely that you will.
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Snip This thread has helped a lot and is used as a medium for Rank Up, some users have received more merit than expected to achieve higher rankings. I didn't expect this to happen, after ranking up (those who get additional merit in this thread to rank up) should contribute more here to help other users Rank Up. I hope they don't forget this. My thought too, and with this am more than certain there are more merits to go around from ordinary members than merit sources themselves! And if we the ordinary members took time to read other people's posts and reward the deserving this could give m-sources some time off reading/reviewing our good, bad, ugly posts week in week out! Put oneself in a merit source shoes, I feel the extra effort it needs from these guy's #hats_off_to_you_MVPs I had posted on this thread before it got so popular, and I'm still occasionally lurking to see if anyone requires a little bit of merit in order to rank up. I don't remember receiving much merit deriving from this thread before ranking up, but it's okay, I decided to help anyway by giving away all my smerits. I've helped quite a few members here rank. However, I'm also doing a brief review of your posts in order to send you merit. As awful as it may sound, I won't be giving merit to someone who posts one-liners or generally doesn't put an effort into their posts. Sources may have stricter rules when providing merit and may not also actively watch the thread in order to participate.
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^^^^ My question is still valid. The question is not regarding the generation of electricity. For example, if solar panels are used for running the vehicle, how do you use your car at night when the power is not available. For that purpose you need batteries and they are very expensive.
And if production of batteries don't harm the environment enough, the mining of raw materials for battery production is a very polluting process. On top of that it has triggered civil wars in countries such as Democratic Republic of the Congo.
And you are talking about new technologies in battery production. It has been almost two decades, and Tesla is still using the Nickel-Cobalt-Lithium battery for their vehicles.
Regarding the prices, at least in my country EVs cost 4-5 times more than the gasoline run vehicles.
Whether we like it or not, we need to cut down on fossil fuel usage not only because they are harmful for the environment but also due to them being finite. I understand your concern regarding the batteries; they are made out of harmful raw materials. However, they can be repaired and recycled. Technology is rapidly advancing and newer batteries will be made smaller, lighter and with less harmful materials in the near future. At least here, there are a few affordable options for electric cars, so the difference isn't that huge for a somewhat luxury performance car. For instance, the new VW ID4 GTX, which is AWD, 300hp with great range, costs approximately €45.000–€50.000 with the government's subsidy, if I remember correctly
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