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1501  Other / Beginners & Help / Re: Imagine a crypto world without VCs on: December 12, 2022, 03:37:03 PM
Remember that when Bitcoin was discovered, there was no venture capital, and they did not invest in it. Bitcoin learned to survive by collaborating with the community rather than venture capitalists. Bitcoin has been helped found by venture capital, which was not long ago. However, venture capital is directly helping Bitcoin to start rising because they are investing significant sums here. But that doesn't mean Bitcoin can't survive without them. Because Bitcoin is decentralized and independent, it can survive with the community indefinitely.
1502  Economy / Trading Discussion / Re: Hello i want to make traders dream come true on: December 12, 2022, 03:22:39 PM
Is your dream actually happening? Otherwise, how will you assist others in achieving their dreams? Are you willing to get involved in a pump and dump game in which some will gain and others will lose? Have your signals made you any money? Otherwise, believing you is quite risky. It's a matter of money, and we could lose. Nothing confirmed into cryptocurrency, otherwise your signals should make you a millionaire. I will not follow any signals from newbie users who are not well established here. Just be cautious when trading.
1503  Economy / Exchanges / Re: Binance's proof of reserves raises red flags: Report on: December 12, 2022, 03:00:35 PM
It appears that a few people are targeting Binance. Today, there were rumors that the US accused Binance of money laundering, which Binance denied. There have been some shady games going on in the crypto industry recently, and we are suffering as a result. However, funds should not be hold in any exchange, no matter how reliable it is. Nevertheless, when something bad happens in the crypto market, coins lose value. So, at the end of the day, we are in a terrible situation. It is unclear when the crypto war will end and a bull market will resume.
1504  Bitcoin / Bitcoin Discussion / Re: Bitcoin/Crypto Donations; The negative impact on it price on: December 12, 2022, 02:48:28 PM
Why do you have a negative opinion? How can you be certain that Bitcoin will not be sold if it is not donated? Rather, it has been used for a good reason, and it is also a strong Bitcoin adaptation. Even though donated Bitcoin is not being sold, others are selling. When Bitcoin is used to give a donation, a lot of new people become intimately familiar with it. It is a direct adaptation, though it has an effect on the price at moments. However, for the long time, it is beneficial to the entire Bitcoin community. If you think negatively, take it positively.
1505  Bitcoin / Bitcoin Discussion / Re: So let's analyse bit of btc and crypto founders on: December 12, 2022, 12:00:47 PM
So you're saying Russia and the United States are collaborating on Bitcoin? I can't believe it in any case where they are financial or military ideological enemies. Where did you get the information? Do you have a source or are you simply expressing your own opinion? I would agree if you said the US created Bitcoin or the Russians created Bitcoin. But it won't be together anyway. However, you should learn more about Bitcoin's history and how it got started. Don't shill for something about which you're not fully aware. It will only result in more spam.
1506  Other / Beginners & Help / Re: Making post for merit on: December 11, 2022, 08:04:44 PM
Anyone can't expect merits for their good post, but intentionally making a post for merits isn't a good practice. If people like your post and think somehow it's good they can appreciate it with merits. Good contributors never think about merits, they have been earning automatically. So everyone's intentions should be a good contributor.
1507  Economy / Trading Discussion / Re: New Atomic Swaps DEX on: December 11, 2022, 07:42:04 PM
It appears to be a one-time transaction. So, are you promoting it or sharing your experience? What is the fundamental reason to use this swap? In any case, the section isn't appropriate for promoting it. It's fine to share your experience. But I'm not going to use that swap because it's relatively new here. There are numerous established swaps that we can use. We can use dex better because there is less risk involved.
1508  Economy / Trading Discussion / Re: Are the Whales Control bitcoin price? on: December 11, 2022, 07:33:42 PM
First and probably most important, I want to emphasize that control and influence are not equated. Nobody can control Bitcoin's price, and if it could, it wouldn't have dropped to its current level. When whales are holding a bag, they all want to be pushed. However, they can sometimes influence the market through manipulation. It does not last long and is not always under control. It is decentralized and will remain so in the future.
1509  Other / Beginners & Help / Re: Can I be an exchanger and is it allowed? on: December 11, 2022, 07:15:57 PM
You are permitted, but keep in mind the risks associated with this business if you plan to do p2p here. It's also a matter of trust. I am relatively certain of that people will not trust you at first, and you will need to use an escrow service. However, if you can create an instant exchange, you may do well. Even so, in both cases, you must gain the users' trust. Another question is why people will use you instead of Binance or another exchange. There should be a convincing reason for someone to use your service.
1510  Economy / Service Discussion / Re: More platforms will bite the dust? on: December 11, 2022, 07:09:51 PM
Investors are concerned following the defeat of FTX. Even I believe that a few more platforms will collapse at some point. The crypto space is becoming more difficult to navigate, and it is tough to comprehend in any centralized platform. Though I have stated from the start that centralized platforms are not a safer place to store funds, we must use them on circumstance. The most significant consequence is that we never know when a platform will collapse, and if it does, only a few users will be affected. So, if all we have to do is secure our funds from any centralized platform, we are almost safe
1511  Economy / Exchanges / Re: Binance asking for KYC, again on: December 11, 2022, 07:00:39 PM
Binance notified me via email yesterday that my documents had expired. I immediately deleted it because I suspected it was a phishing email. However, when I logged into my account, it appeared that the email was correct and that there was no phishing. Binance has asked for my KYC documents once again. I resubmitted, but it is still being reviewed. Though I don't use Binance quite often, I do use it to trade and sell coins on circumstance. I'm still not sure what limits my account because I don't use it much. It's not a big amount, but it's inconvenient. Why are they requesting documents for a verified account once again? I'm just curious.
1512  Bitcoin / Bitcoin Discussion / Re: Will there be a replacement for bitcoin one day so that bitcoin isn't number 1? on: December 10, 2022, 09:20:05 PM
A few years back we hadn't imagined we will see Bitcoin this way. But Bitcoin ruled digital currency though there were exist some other fiat digital currencies. So it's hard to forecast what will be the near future. If you talk about truly decentralized currency then I don't anything can be replaced with Bitcoin. Because till now all other currencies aren't truly decentralized anyway.
1513  Bitcoin / Bitcoin Discussion / Re: Should El Salvador Fork Bitcoin? on: December 10, 2022, 07:18:12 PM
I'm curious why you suddenly believe El Salvador needs to fork Bitcoin. I don't believe they need to fork Bitcoin because they fully support it and accept it as legal tender. If they require native cryptocurrency, they can create a new one without forking. How many Bitcoin forks have gained popularity? I do not see much there. If they don't like Bitcoin, they will fork it. Otherwise, it's unnecessary to me.
1514  Economy / Trading Discussion / Re: Demo Account, Should Not Be Related To A Real Account on: December 09, 2022, 08:36:21 PM
The purpose of the demo account is to inspire you to use the main account. So not many people lost faith in demo accounts, because if you were disappointed with demo accounts, you would no longer use main accounts. Most likely an algorithm involving manipulation. I'm not sure if you're referring to expert option trading. Otherwise, I'm not sure who provides you with a demo account. However, you may learn and give some perspective into trading on a real account.
1515  Alternate cryptocurrencies / Altcoin Discussion / Re: What will you do in this case? on: December 09, 2022, 08:28:11 PM
Because it is a financial matter, you must always make your own decisions. I will not hold a coin that is associated with risk. I absolutely despise being involved in drama. I will no longer hold such risky coins wherein FTX has invested. I'd sell coins and buy some others. Investing in a coin nowadays is a challenging task. Because there is so much drama going on around crypto, you must choose smartly. Rather, invest in Bitcoin, which is less risky and much more decentralized.
1516  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will BNB Coin Hit $300 Mark in 2023? on: December 09, 2022, 08:20:13 PM
We saw BNB hit $400 a few days ago. And currently playing below $300. You're talking about 2023, but BNB will surpass $300 this year. CZ, you know he won't let his coin down. Because of the smart contract, it has grown in value. So, as long as the market doesn't crash, hitting $300 for BNB isn't a big deal. Every day, a massive number of projects deploy their tokens to the Binance Chain. This means that the use case is expanding on a daily basis, it's been driving up the price of BNB.
1517  Economy / Exchanges / Re: Advise ,please, crypto exchange on: December 09, 2022, 08:08:44 PM
Are you looking for an immediate exchange? Because you mentioned the best rates, I assume. Just be cautious when through using instant exchange. There are numerous scammers and fake websites. It is preferable if you can find your desired coin or token on a decentralized exchange. Otherwise, use a centralized exchange to consider buying coins and then transfer them to a non-custodial wallet. Don't always go for the cheapest option because it would lead you lossing funds. Keep in mind that storing your coins is never a safe in centralized exchange. I have been using Binance, you may take a look.
1518  Bitcoin / Bitcoin Discussion / Re: I became Independent Because of Cryptocurrency on: December 09, 2022, 06:18:24 PM
I won't lie, crypto has given me independence and changed my life. Though I lost money trading, I did earn a decent amount of cryptocurrency from other sources such as campaigns and marketing. Some holdings performed well, while others disappointed me. However, the overall position in cryptocurrency is good. You just have to be cautious and learn a lot if you want to make money in the crypto space. Because there are a lot of shit tokens around us and a lot of scammers seeking into our funds. It is becoming extremely difficult to earn cryptocurrency on a frequent basis.
1519  Bitcoin / Bitcoin Discussion / Re: Create wealth first before the use of bitcoin on: December 08, 2022, 08:12:34 PM
If you choose Bitcoin solely to make money quickly, it will most likely be difficult. To invest in Bitcoin, you must be financially stable and understand how it works. The rural area is most likely a village without a wide range of facilities. One of the most important facility that they lack is access to the internet. Which is required in order to use Bitcoin. However, teaching them Bitcoin is extremely beneficial. They could use it later when they are capable and financially established.
1520  Bitcoin / Bitcoin Discussion / Re: Banks do not want bitcoin to become popular on: December 08, 2022, 08:04:11 PM
How do you think centralized banks will anticipate decentralized Bitcoin reaching $50,000? So how are they going to make money off of us? There are a lot of stupid predictions all around us that never come true. Many people predicted that Bitcoin would reach level zero, did this happen? Many banks in my country are experiencing liquidity issues as a result of sudden withdrawals. As a direct consequence, they will attempt to manipulate the market. They want to sell our Bitcoin and deposit it in a bank. That's all.
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