Many of those that are unable now needs some helping hand. If you as a person believes about that there's no man is an island then you'd also believe that every person that are on their down times need some extra help that will pull them up so that they can stand on their own. I know that this isn't applicable at all times because there are cases that those that have been helped are not grateful and even wasted the opportunity of help that should be a life changing action for them. But it's true, when you teach someone how to fish and be skilled for employment or livelihood, if they will hone that then it is gonna be a lifechanging opportunity for them.

Nope, the fees are dynamic.


For gullible ones, they might fall for those airdrops halving and giveaways, there's no such everyone and you have to remember that.

Refer to the picture that I've quoted, that's what we're experiencing right now. But I think scammers that still use the moment to scam everyone who wants to pay cheap with fees and they have to be careful still with that.

As always, invest what you can afford to lose.

Happy 4th Bitcoin halving everyone and mostly to those that have experienced it for the first time. It's another milestone that surely going to be seen soon but as we celebrate and welcome this 4th halving, here comes some unwelcoming fees update.


Source from mempool.space

The government is the scam I guess? We get to used fiat money for our needs and there's something out of it but the ones that produces it and makes value out of it is the government. Because with the continuous printing of them, the value of it gets lower and they're the ones that creates and influences the inflation rate of it. However, government or fiat money, they're all centralized and things that are happening to the economies have been centralized and they have control over it. And one thing that they can't, Bitcoin and its continuous growth of it, they have no authority over it.

That's great and just enjoy this halving because it will be historical not just for the entire Bitcoin community but also for yourself. The impact might not be as soon as possible to become visible but you know the drill with what you've been reading and hearing a lot of what's gonna next.

It's actually crazy, more high inflation rates, nonstop rise of cost of goods and everything. And this is why Bitcoin is one of the best hedge against it.

We're too sensitive whenever some corrections happened. We ain't yet on the peak and we already ask if the bull run has already ended. Don't assume too much that we're going to see the end because we'd go there soon but not yet for now. Give time for the market to mature and then when you see that it's starting to drop then that's the time that you're going to have that analysis that it's probably going down and the bull run is coming to an end but again, it's not yet the right time thinking of it when you've just seen that it fell 4% currently.

This is a good reminder for most of the newbies. When some of my friends asks me about this, I'm giving a disclaimer as soon as they've asked me anything related to crypto. First, that I'll never earn anything from them unless I give them a referral link of mine which I don't usually do. Next, is that the private keys or seed phrases shouldn't be given to anyone even if the intention of the person they're talking to is good about helping them. It should be only them that must know that information because if it's given away then they should just say goodbye to their hardearned asset. It is the reason why it is important to learn even the simplest and most basic thing about wallets and newbies shouldn't trust anybody quickly if the matter is about them helping about wallets and always verify what's being taught to you guys.

There are a lot of methods and gateways for manipulators to influence the market. Number one of it is the use of the most known people telling something good or bad about the market. Once they've loaded the "experts say" thing and the words from these influencers, that's how they're able to influence everyone including the small ones. Next, is the no announcement action of these whales that they're able to influence the market and everyone will just follow what's happening. Like today, the news is about the halving and it's not a surprising news and from the bottom of $59k that Bitcoin reached, in a few hours it has recovered to $65k.

There are questions as well like this that's been brought but it's not mainly about the bankroll investment that casinos do offer but more of their tokens. They're different ways of investing to a casino but if it's about what I prefer, it's to be with the house and that's through their bankroll. As for their tokens, it's hard to rely on it because the casino that has their own native token could have some control on it but once they're flocked by big traders, they will have no control over the volatility that it gets. So far I see only a few of them doing well but the rest, they're likely going to be seen with the lowest volume and whoever invests there might not be able to see the worth of their money.

I might do that as well but it's just only if the devs are known. Otherwise, if it's a random one, we'd be better be off and ignore them.

First, if there are transactions coming from a blacklisted address going to your account. But at this point, potato chips is right that there's no actual guidelines about it. They can ask anyone they think that has some suspicious activities or funds that came from those kind of activities that they want to halt the transaction. Typically, those that have larger transactions and withdrawals are likely to subject for this additional verification and there's really no clause about who are the qualified one but just expect that they might ask you one day without prior notice, so if you think your coins are clean then it's just a random verification.

Yes, it doesn't makes sense if I'm going to pay with that amount and the transaction is even lesser than that. It's okay to stop for a while because the fees are going to calm down. As I type this, the fees are still quite high and the high priority is gonna cost one to pay $6 and that's still a lot. Before with the ordinals, the fees are the same but eventually it has became lower and that's why it's best to wait if you are not in a hurry doing that transaction but if you are, you have no choice but to pay that.

Honestly, the fees could have been cheaper for Bitcoin but because of some network spams, the fees have increased and that only means that there's more demand to it as of this moment. But if you're looking at it as if that you're able to save more mone then so be it and that's a better outlook that you've got than most of us. Because what we think of the current fees are way to high compared in the past that we get to send transactions in less than a dollar and to be exact like 1 sat/vB. However in your case and with the use of exchanges offchain transactions, that's what you're able to enjoy.

It's not? I don't think so, although it seems that it doesn't look like but the thought of is the same.

Starting from here, I'm going to guess mate that you're pertaining to the COO program on X done by that exchange that you've mentioned on the other thread. But if not then I might be the one who's wrong here for assuming quickly and with that, I apologize but then I think that the topic is actually the same.

I see thanks, I'll check that out.

I agree. And their maintenance doesn't have any duration when it's going to stop so or when they'd be back in business, I might assume that some announcement about their closure soon could be done and if that happens it won't be surprising with what they've experienced. Or if they come back in operation again, many have already lost their trust on them.

I haven't tried this yet but is this how the debit cards work that one can purchase from these exchanges? If not, you have to convert it first into USD or your local money before converting it to the country where you're arriving to. That's explained well by Omega. I'd be careful doing it though when you're in a country that has some hot laws about Bitcoin as not every country is Bitcoin friendly. So, before doing that, just make yourself safe by doing the transaction in your motherland and just do the fiat <-> fiat conversion for that currency you're going to.

I advise you not to duplicate posts, you've already posted the same thread on the altcoin discussions: Is there really a future for young individuals in web3 ?
Just to let you know about this rule about duplicate posting.

Let's not confuse ourselves and the newbies about Bitcoin, Bitcoin is a cryptocurrency and it's sort "bitcoining" of what people are doing for making profit out of it. Being a Bitcoin investor, trader, miner and any other related trades, hassles and activities done to it can be made as full time careers if you want to. So, if you want to focus and become full time on investing on it, I'd advise you that you can still do something else while you're full time investor of it. Because you don't have to commit that much time if you're passive and planned to do long term holding.

I know that it is attractive to just park your funds on their savings or earn or whatever they call that feature that allows you to interest but, yes there's a but on it. But you don't have the full custody of your $10k once you have deposited it there and I am sure that it is not new to you since you've been doing it with Coinbase Earn. If it's about the interest rate, I'd say that it's fair and fine but the question is, are you willing to do that with the risk that if something unexpected happens to Binance and your funds are there, are you willing to lose it?

I'm not a user either and you're right that even if they don't care about such compliance and sanctions for the consequence of this decision that they have. Their users need to think about this action that they're having right now, we're not giving them a scare but they have to think as many times as they can if they've got funds still there and we always tell that people shouldn't keep their funds on exchanges.

I am not worried if China is going to get back to the game of sending the entire market with some news about bans and what not because we've heard that for so long. But this is for sure going to make the new investors worry if ever they see it for the first time the "ban" of Bitcoin on them although we all knew that it's not a new thing anymore. But Hong Kong as a special administrative region of China, they function as an independent region just like any country.

You're right, while Hong Kong is also a haven for many businessmen and investors, this really is a sign that they can no longer ignore Bitcoin. There were news about Singapore having some application as well but they were declined but it will be bigger I guess if it's going to be from them.

Yeah, this is what we get despite all of the current ugly things that we're seeing in this world. Mainly, the high fees for transactions although it is starting to get calm but still, fluctuating and unstable and then there goes another startled war.

It did but, it corrected quickly.

Alright, thanks Max.

China has a different approach although the big mining farms are found there but they seem to be quiet for how many years after the news about ban has appeared once again. And speaking of correction, now we're back to $62k and this seems to be the support and I hope that it really is.

It went to $66k when this news came but in less than 24 hours, we're back in the dip. I'm not going to look at the most recent effect of this, best effect of this is for the long term.

Hong Kong is a SAR of China and it's like an independent country although still under China. But it has its own decision to something like this that they can't meddle so, it's a good news despite they've got connection to China.

Yeah, it's not yet approved on the US and unlikely going to approved IMO but this could be a good hint for it if Hong Kong was able to approve it.

It did had a good impact if it's just a one-day effect but it's not all about that. We shouldn't look at the after-effect of it just after the approval came. There's actually more to that and the impact of it is going to be more beautiful in the long run.

I don't drink though but you can celebrate now if you're able to buy the dips. Cheers.

While Hong Kong is a SAR, I don't think that with this kind of affairs China has a say on it. But let's not look at that quick impact that the news gets. Although I think that I've got an idea on why they've approved it and that's still has something to do with their covid recovery plan about having more investors, investments and make their tourism healthy again. Yes, they're on the sort of recovery and that might still be part of the actual plan before and it's just going into fruition.

Crossing fingers but mainly for Bitcoin, there's more and the best is yet to come.