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1681  Bitcoin / Mining software (miners) / Re: Concept of bitcoin mining on: December 16, 2022, 04:09:13 PM
Firstly am very happy I found this amazing site and I hope that all my curiosities are settled in forum about things I feel I know but don't understand...
 topic one
Bitcoin mining
What is theory around this.. I mean how is it possible that you just download a bitcoin mining app and start earning btc without doing something elaborate enough
topic two
How real is the trending adverts about apps telling you  just refer people to their apps and you start earning btc
Although it is easy to know how to do Bitcoin mining, actually mining is not easy. Maybe many of us know that Bitcoin mining requires a lot of electricity which is not possible for everyone. But let's take a look at how much electricity is required? According to the Cambridge Bitcoin Electricity Consumption Index, generating bitcoins consumes 94.2 terawatt-hours of electricity per year. A few other countries use even more. According to a statistics 2021, one Bitcoin can be mined with the amount of electricity a household will consume approximately 9 years.

Here we get a general idea about electricity. Now let's see what kind of computer or hardware is needed for mining?

Bitcoin mining requires what we call powerful computers. But what about that computer? Specific integrated circuits, or ASICs for Bitcoin mining can cost more then $10,000. So if we say that Bitcoin mining is easy with an app? Of course not. Moreover, some scammers recommend using various software or apps for Bitcoin mining which should never be installed. Rather, they can be called a means of stealing your personal information and secret numbers.
1682  Bitcoin / Bitcoin Discussion / Re: What should be my fear? on: December 14, 2022, 04:49:29 PM
As a newbie who has a little knowledge of cryptocurrency but much interest in purchasing bitcoin for a long time Hodl, since the purchasing capital is not included in my spendable budget and the price of bitcoin is not very high at the moment 16k, what should be my fear?

Pls, advise me.
As of lately investing in Bitcoin is quite suitable. Many people waste time investing in Bitcoin thinking of losing. But the reality is different. I think losing your investment in Bitcoin is quite difficult, unless you are harming it in some other way. If you keep your bitcoins in a hardware wallet that would be the safest place. I think investing in bitcoins is not going to be wasted other than being stolen. A fear of many is acting out

Can the price drop? Of course, it is volatile so its price can go down or up.

That is why it is said that one should not invest more than one can afford to lose. Bitcoin can always drop - but over the long term - I recommend four years, minimum - it has always trended upwards, and often significantly. If investment is encouraged keeping these factors in mind, there will be nothing to fear. You can also invest accordingly by thinking better through your research.
1683  Economy / Gambling discussion / Re: FIFA 2022 world cup on: December 14, 2022, 02:28:34 PM
Everyone thought last night's game would be tough, but it was a very easy game for Argentina.
I never thought that the game would end with this score.

The magic of Messi's left foot and the speed of Alvarez, Argentina in the World Cup final. The dream is now in hand. The World Cup trophy will be lifted in the hands of Messi in the aggregate attacks in Argentina. The scenes of defending them also impressed the audience. He snatched the ball from the opponent's feet effortlessly. There is no easier task than this! The referee was surprised to see the tackles. Perhaps foul did not begin. Last time, Croatia started running towards the final after defeating Argentina in the group stage. In the semi-final, Argentina settled their debt by defeating them exactly 3-0. Perfect revenge for Argentina. the supporters celebrated. Messi also joined the celebration after the match. He cheered before receiving the Man of the Match trophy.
1684  Economy / Gambling discussion / Re: FIFA World Cup 2022 Discussion Thread on: December 14, 2022, 01:11:05 PM
The Golden Boot will be awarded to the top goal scorer in the World Cup. Argentina star Lionel Messi and France's Kylian Mbappe are leading the race for this award at the Qatar World Cup. Both have scored 5 goals in this World Cup. Mbappe has played one match less than Messi. Messi's team has already defeated Croatia in the final. Messi has the opportunity to score more goals on the other Mbappe's final is still uncertain. France will take on Morocco tonight in the semi-finals. If Mbappe can score today he will be ahead towards the Golden Boot. France took the cup in the last World Cup in Russia 2018. This time they are walking on the same path. Today, France will against morocco to reach the final.
1685  Bitcoin / Bitcoin Discussion / Re: Bitcoin will not become the world currency. on: December 14, 2022, 10:16:38 AM
I don't think Bitcoin needs to get the position against fiat currency. If we get the expected advantages from Bitcoin then there is no disagreement about replacing it with fiat currencies. Today, except few countries, almost every government in the world is opposed to Bitcoin. They also pointed out some reasons for this. Among them, the government opposes Bitcoin on the grounds that Bitcoin is used for illegal purposes, it is decentralized and therefore beyond the control of the government, and the risk of being highly volatility. Despite ignoring everything, Bitcoin is advancing day by day in the world. Despite the various obstacles of the government, the common people are still in favor of it. People are getting various benefits through Bitcoin. I just consider that bitcoin is the medium of exchange and the alternative of fiat currency.
1686  Economy / Gambling discussion / Re: Qatar world cup Final Predictions on: December 13, 2022, 04:41:21 PM

Every football fan tries to predict about Qatar World Cup. Some are consider towards France, some are Croatia and some others Argentina or Morocco. Argentina team is ahead in most of the predictions. Zlatan Ibrahimovic has predicted which team will win the Qatar World Cup semi-final before the start of the match? The Swedish star footballer thinks it is already written that most football fans know who will win the World Cup. I think Lionel Messi will win the trophy. Argentina will face Croatia in the semi-final match at Lusail Stadium in Qatar tonight. Messi will reach the record of playing the maximum 25 matches in the World Cup if he enters the field in this match. Some experts envision France or Croatia would be the champion of Qatar World Cup 2022.
1687  Economy / Trading Discussion / Re: What to do when trading gives you heart problem. on: December 13, 2022, 10:35:53 AM
We know that the market is dynamic,as in it changes constantly,and as such,an investor who isn't careful enough to know when he is investing will fall in to heart problems or emotional trauma as a result of a massive fall in value,that is why it is important to condition your mind in a way that you won't get heart failure when you are at the loosing end.
Every investor knows there is risk in the game,and taking the risk is what shows you are ready to eradicate poverty from your life.
Heart problems occur when people excessively think about any thing. Especially greed, desire to gain or losing too much are reflected in a person, he can get into this kind of problem. But there are some common issues of trading that everyone should know. FOMO that means Fear Of Missing Out or just simply buying high which can expand your losses. Besides, there are some traders who trade more volume every day which is a big problem for a trader. Total assets should never be invested. Another big problem is rumors. Many people listen to rumors and buy assets at high prices and incur huge losses, while many people sell out of panic, both cases can lead to big problems. That is why it is very important to do research. Hopefully, if you follow these things, there will be no major problems in your trading life.
1688  Economy / Speculation / Re: Bitcoin December price on: December 13, 2022, 10:00:26 AM
Until the impact of the economic recession subsides, there will be no reason for the Bitcoin price to rise. The World Bank has stated the next year as a global recession. They are predicting a global recession coming for the next year. But it is not 100% sure. We are very close to end of this year and can say that Bitcoin is now unchanged. It may rise to $17000 to $20000 this December. But the next year may be a different situation. It can be bullish or bearish. If there is no new scandal in the market then the Bitcoin price will definitely reached to the high. I think we may see that previous bullish movement in Bitcoin towards the end of next year. The most positive aspect is that despite various scandals in the cryptocurrency this year, investors are still enthusiastically picking up Bitcoin, which shows the potential for a major bullish run in the future.
1689  Bitcoin / Bitcoin Discussion / Re: How important is BTC to the Society? on: December 13, 2022, 07:02:25 AM
Bitcoin usage has been steadily increasing over time. As a result, the use of Bitcoin is increasing socially. Now people can do various daily tasks with Bitcoin. It has become a popular medium of exchange especially where it can be used with out any doubt. Because it is very easy to use at low cost and safely. BTC is now a great opportunity to earn money on trading platforms. It is currently easier to make large financial transactions with Bitcoin than the fiat. Bitcoin acts as an alternative to the current banking system. Transaction does not require a third party. Facilitate money transfer anywhere in moments. Above all, employment opportunities are slowly emerging around Bitcoin.

Bitcoin is highly volatile as a result of which it cannot keep up with the value of the asset. But continuously made important contributions to various issues, including alternatives to Fiat. Bitcoin is a decentralized, peer-to-peer currency system. Currently PayPal accepts Bitcoin which makes it easy to value. No need to rely on government, banks and payment providers for transfers. To participate in the Bitcoin monetary system, all that is required is an Internet connection.
1690  Economy / Gambling discussion / Re: FIFA World Cup 2022 Discussion Thread on: December 12, 2022, 06:28:42 PM
A favorite name in the football world is Lionel Messi who is currently 35 years old. In the next four years, he will be 39 years old. So, naturally, the game of this Argentine superstar in the next World Cup is uncertain. Therefore, the question is peeking in many of Messi fans, is Messi playing the last World Cup in Qatar? Lionel Messi has not yet said anything about this. However, his mentor Argentina team coach Lionel Scaloni said, let's see if he continues to play for the national team. Then we can be sure. Tomorrow Argentina will face Croatia in the semi-finals of the World Cup. If Argentina win this match they will reach in the final. It is impossible to say for certainly what will happen in the final. But whoever the opponent is, that will be more stronger.
1691  Bitcoin / Bitcoin Discussion / Re: I became Independent Because of Cryptocurrency on: December 12, 2022, 10:32:26 AM
I know this is just silly story but I want to tell you that my bitcoin journey is not fascinating but here I want to tell.
In 2017 I started Bitcoin trading and also got skeptical in crypto. I lost too much much money but I got resilient. Cause I know that their is a future for me in this.
After late 2019 beacsue I took admission in university and now I am  independent and I do not need Money from my parents and that's good for me. I started making Money from crypto. I am And that was joy for me. Now I am making 100 dollars plus form crypto. That is enough for me.
Congratulations on your success. But whether you earn $100 or $300, you need to earn consistently after that you can be dependent on yourself. You can think independently. Today Cryptocurrency has been chosen by many as one of the means of success. Many people who once did not dare to dreams but now these are implemented. This is only possible for cryptocurrencies. I know many people who left their good jobs they were a bit worried at first but later they succeeded. But knowledge is a prerequisite for success in every sector. When you can have enough knowledge about something then success will knock on your door. And all those who have succeeded have faced more or less negative Adverse situation.
1692  Economy / Speculation / Re: I think that we will see 13500 Dollars In 2022 on: December 12, 2022, 10:04:28 AM
Cryptocurrency will be bearish when the entire world economy is in recession. The cryptocurrency has been in a downward trend since the beginning of this year. We know that the crypto market is constantly influenced by different news. Negative and positive news always exist in the market. But an investor needs to think deeply about Bitcoin's present and future. Regardless of the prediction, you have to strict your position. A few days ago, many people may have been a bit disappointed with the prediction made by Standard Chartered about Bitcoin. They said that the price of Bitcoin is likely to fall further and there is a chance that it will go down or stay at $5000. As a result, those who have some weakness in Bitcoin are very worried and many may even consider selling their accumulated Bitcoin at a loss after hearing this news. But overall I think Bitcoin price is now above $16000 and from next year it will go up again and limit to $24000-$28000.
1693  Economy / Gambling discussion / Re: FIFA 2022 world cup on: December 12, 2022, 07:09:58 AM
There are only four teams left in the World Cup. Whose war will start from tomorrow. Argentina face Croatia in the semi final on Tuesday. Either team will be eliminated in the knockout stage. Everyone has to come this position by playing competitive game. So, the teams playing from the second round were undoubtedly qualified and proved themselves. Argentina reached the semi-finals. Hope they will play the final as well. But many people have regrets, especially those who used to support Argentina, now they regrets for Brazil. They think that if Brazil could stay in this stage, the joy of the World Cup would have increased. Because they were also one of the claimants of the World Cup.
1694  Economy / Speculation / Re: I hope this Bitcoin dip won't be deeper? on: December 11, 2022, 06:11:09 PM
One of the most reliable investments in cryptocurrency is investing in Bitcoin. Always plan long term before investing in Bitcoin. The current Ukraine Russia war has created a global financial Economic recession, causing inflation in every country in the world, and a massive bearish impact on cryptocurrencies as well. The Economic recession isn't the only reason for the crypto bearishness. Here two major project scandals have forced the market to be long bearish.

But those who believe in Bitcoin will never lose. Bitcoin is now in a dip and may be the highest dip during this period. Bitcoin is now about 75 percent down its bullish price. I think this is the best opportunity. May not come to this condition again. Still if anyone is confused following DCA method that will be better.
1695  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: December 11, 2022, 05:33:07 PM

Mitchell Swepson said "Spin, bounce, pace-nothing on the wicket'  when he came to play in Pakistan nine months ago. Multan's wicket on Friday surely redeemed his mistake. On the first day of the second Test tomorrow, England were bowled out for 281 in the first innings. Young Pakistani spinner Abrar Ahmed took England's first seven wickets on debut.

The 24 year old Abrar impressed with seven wickets for 114 runs in 22 overs. He joined Pakistan cricket as another bright star. If this amazing performance could not win Pakistan cricket in the test, but he introduced himself. Had another teammate, leg-spinner Zahid Mahmood, not taken the last three wickets, he might have got the full 10 wickets.
1696  Bitcoin / Bitcoin Discussion / Re: One Month of Accepting Bitcoin for Payment on: December 11, 2022, 11:10:56 AM
Having multi payment method is very important in business area. In this case it is beneficial for both the service provider and the service recipient. Not only that if it can be well utilized then the business owner can make good profit from it. Bitcoin users are excited about making payments in Bitcoin. Moreover, it is also a form of propaganda. But the most interesting thing is that even though this bitcoin is worthless for a time, it is gradually increasing in real life application with the change of time. I think this is a good sign and there is no doubt that its position will be at the top of the heights in the next few years.

Many of you probably remember Pizza Day. On May 22, cryptocurrency was used for the first time to buy goods around the world. The first item bought with cryptocurrency was pizza! On May 22, 2010, Laszlo Hanyecz owned two pizzas by paying 10,000 bitcoins. But the value of that bitcoin and two pizzas is still ingrained in people and everyone will remember this for the rest of their lives
1697  Economy / Trading Discussion / Re: Trading and investing,and still very broke.why?Is it spiritual? on: December 11, 2022, 07:02:40 AM

Thinking of trading or investing as a means of making money can be a great mistake. As no one can deserve the guaranteed profit or loss. The money you have that can be rather reduced by trading. But you can't think of it as gambling. Because there is a wide difference between gambling and trading.
One should not come into trading or investment by being overly luxurious. Also the money that is kept for your needs should not be brought to this platform either. In this platform enough knowledge for trading or investing that can propel you towards success. A trader or investor should invest as much as he can afford to lose. If you manage this platform with your skills and knowledge, you can get financial benefits from it.
1698  Economy / Speculation / Re: The world is not doing well on: December 11, 2022, 06:23:57 AM
Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

Volatility in cryptocurrency is such a common thing that everyone knows. But when the global situation is stopped due to epidemics and wars, this industry will also declining stage. This will also be taken very easily in the language of economics. Just as we see a bearish after a bullish and naturally expect a bullish after a bearish. Global politics and the collapse of some major cryptocurrency projects have prolonged the bearish situation of this platform, which may take time to bounce back. This requires everyone's concentration and courage.

I think the dollar exchange rate has nothing to do with the price of bitcoin. We have seen in the Corona Pandemic that Bitcoin was at its peak when the world economy was on the verge of destruction. It has nothing effect on the dollar rate. Basically, when investors regain confidence in investing, Bitcoin will also return to that position.

1699  Economy / Gambling discussion / Re: FIFA 2022 world cup on: December 10, 2022, 06:39:21 PM
Ronaldo's dream did not come true. Cristiano Ronaldo had to leave without touching the greatly desired World Cup trophy. A football legend ended his World Cup chapter with the pain of breaking his dream on Morocco's history-making night. As in the previous match, Fernando Santos made the XI by keeping Ronaldo on the bench. But every day there are new surprises? Not even today. Rather, it will now be seen as a major reason for the coach's failure. Youssef N-Nessari's goal gave Morocco the lead before the break. Ronaldo came off at the beginning of the second half. Headed for a goal but failed. Also took a shot in added time. But nothing else happened. While Ronaldo was in despair at that moment Morocco floats in the excitement. What Morocco has shown in this Qatar World Cup is truly admirable and the best in their history.
1700  Economy / Gambling discussion / Re: FIFA World Cup 2022 Discussion Thread on: December 09, 2022, 10:25:39 AM
But even so, it doesn't mean that Croatia is a weak opponent, they also have some great players and play in European leagues, so they are used to pressure. I think this match will be quite interesting and a little difficult, because both countries want to achieve good results in this World Cup, although many people say Brazil will win the match, I think it will not be easy for them.
Five-time world champions Brazil exited in 2006 after losing to France in the quarter-finals. In 2010 World Cup quarter-finals they faced the same situation against the Netherlands. In 2014, Brazil were eliminated in the semi-finals by Germany and in the quarter-finals of the last World Cup, they lost to Belgium. Brazil last beat a European opponent in the knockouts of the 2002 World Cup. Ronaldo and Ronaldinho also won the title for the fifth time by becoming the champion of that event. However, Brazil has a record of being 100% unbeaten against Croatia. So far, the five-time world champions have won 3 matches and drawn 1 match out of 4. But no matter how much history we see. It has no importance on the field. The one who does well in the field is the best.
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