The point is that everyone has their own views on bitcoin, especially those who listen to bitcoin from banking influencers who are deliberately made to defend their financial system and of course those who don't know bitcoin are sure they will hate bitcoin after listening to that.
Never mind, don't pay too much attention to them, they will understand when the next bitcoin owner will become the richest person in the world, what we need now is to continue to accumulate bitcoin for the long term, today bitcoin corrected 1-2%, not bad for bitcoin installments.
Basically there will always be pros and cons and I agree with what you say, regardless of anything, especially influencers who like bitcoin will definitely make bitcoin something decent and not least some information is exaggerated and vice versa those who don't like bitcoin always have weapons especially when it's bearish like it's currently happening and some other things like when Luke Dashjr lost bitcoin this will continue to galvanize and try to make bitcoin look even worse. We don't need other people's views, we are aware of the risks we have while we are here and we also know what the consequences and benefits are when owning bitcoin so why care what other people say. You are correct that there will always be pros and cons when it comes to any topic, including Bitcoin. Influencers who support Bitcoin can help to promote it and give it a positive image, while those who do not support it may try to spread negative information. However, it is important to remember that ultimately, it is up to each individual to do their own research and make their own informed decisions, as profit or loss is always yours. As long term HODLER of Bitcoin, we should continue efforts to convince our loved ones to take advantage of current attractive prices of Bitcoin and make an investment in Bitcoin. This decision has the potential to greatly impact their financial future. |
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What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
I am optimistic about the future of NFT sector, as its use case is growing continuously, many industries, such as the art, gaming, and collectibles markets, are already starting to adopt NFTs as a way to authenticate and sell digital assets which indicates that there is huge investor's interest in this sector. It is also possible that DEFI sector may start using NFTs as a way for representing ownership of digital assets. Despite all these positive development, it is worth mentioning that NFT market is relatively new, how it develops in future, remains to be seen. |
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That's obviously a statement you don't hear many people say, but if we review the history of the cabal that decides if they should implement QE or QT, the cabal has the susceptibility to over-adjust in one side causing inflation, and probably deflation after over-tightening. When one act causes an outcome, they over-adjust to stop the outcome, which causes the opposite outcome. I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING. Prepare to experience a big surge for Bitcoin like it was 2015 - 2017  I think FED will continue increasing interest rates to stabilize prices of commodities and energy, however, it won't lead to Deflation in 2023. Deflation, or sustained decline in prices is never good good for the economy, as it can result in decreased spending & investment, which can lead to decline in economic growth and causes unemployment. If deflation were to occur, FED can use monetary policy tools, such as quantitative easing to stimulate economy. +1 In best case scenario we could see a glimpse of deflation at the end of 2023. It is difficult to predict anything with certainty , however It is possible that deflation may occur at the end of 2023 as inflation is cooling since June-22, but it will depend on variety of economic factors, such as interest rates and GDP & energy prices. I think FED may reverse its policy of money tightening , if there is a concern of deflation in economy. Governments always try their level best to avoid deflation in economy, as deflation is always worse than inflation, because it reduces economic activity and causes unemployment. |
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It is very hard to predict with certainty which coin will go 1000X in the next bull run, however, I think AI (Artificial intelligence) based coins have the potential to outperform due to rapid ongoing development & advancement in this technology. We have witnessed huge interest in ChatGPT since it was launched, which is evident from huge traffic on this site and it has got millions of subscribers within days, who are regularly using it to get useful information. If AI based coins will rise, they will rise because of misunderstanding and lies. That been said, they probably will rise. But people don't seem to get how wide of a spectrum of things considered to be "AI". Thing is, AI doesn't need a blockchain, but devs are definitely trying to sell it as a buzzword combination. This trend will be as bad as in ICOS when people seriously thought short time that dental industry would benefit blockchain making the dentacoin 1.6 billion dollar worth in marketcap. And everyone thought it would be normal as blockchain would solve anything and everything needed a blockchain. Until reality hits. Same will happen with ai. AI doesn't solve anything just by being AI. There will be countless worthless AI solutions that doesn't work that they try to sell to us as layer 1 or layer 2 project in a blockchain. It is true that block chain and artificial intelligence are two separate fields and not interdependent, however they may be used together for certain applications, Possible use cases of AI and blockchain together include data privacy, security sharing of medical records, and supply chain management, but It is better to consider your risk tolerance before investing in AI coins, as they are relatively new, so there is potential of significant growth in value, but still there is possibility of loss as with any investment. DYOR |
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Though I'm new in the cryptocurrency space,I have been hearing so much about crypto ( Bitcoin precisely) lately even before I got registered on the forum and I had to ask this very question because in three days I've heard and seen people talk and discuss about Bitcoin and cryptocurrency in general and it prompted my question wanting to know why it has been talked about this much and gaining more acceptance in my local community despite it's restrictions in my country and is it also gaining this much fame in your environment?
Bitcoin is gaining fame because people believe that it can potentially disrupt the current financial system. The current financial system is monopolistic and doesn't provide much opportunities of growth to an average person. Bitcoin is a revolutionary concept in the world of finance as it is deflationary and decentralized & its network can be used to make transaction across the border within minutes without involving any financial institution. Bitcoin's underlying technology, blockchain, also has the potential to be used in a wide range of industries, and as a result it has been gaining attention of media all over the world. |
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Has anyone ever used Binance P2P at all and would like to share their experience? Any feedback, whether from buyers or sellers, is welcome.
I have been using the Binance P2P platform for several years, and I see that this is the safest way for anyone who wants to buy and sell cryptocurrencies against local currencies and with more than 700 flexible payment methods, as it allows you to withdraw on any international or national bank in any country in the world, even in banned countries It allows you to sell crypto at the price you want and buy at the price offered by merchants and without any fees, as Binance does not profit or take a percentage of fees from these transactions, in addition to the presence of support around the clock to help when any problem occurs or to resolve any dispute between you and anyone, And my important advice that must be taken into account before choosing who you want to buy from or sell to is that he be a Merchant who has hundreds of deals and a success rate above 90%. If you would like to become a Non-Merchant on Binance, it is easy to create a Sell ad, but to create a buy ad there are requirements, check the links below. [1] https://www.binance.com/en/blog/p2p/how-do-i-become-a-binance-p2p-merchant-421499824684903764[2] https://www.binance.com/en/support/faq/binance-p2p-advertisements-posting-requirements-6d1c39e0afdd48f99b2d9ab0d8e1cda0No doubt Binanace is most secure and reliable exchange for all kind of trading, from spot to P2P, besides providing large number of options available on their platform for investment, including staking and liquidity providing. Most of my friends from my country who maintain account in Binance, have been using P2P service, since it was launched, and they all fully satisfied with quality of service. |
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That's obviously a statement you don't hear many people say, but if we review the history of the cabal that decides if they should implement QE or QT, the cabal has the susceptibility to over-adjust in one side causing inflation, and probably deflation after over-tightening. When one act causes an outcome, they over-adjust to stop the outcome, which causes the opposite outcome. I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING. Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 I think FED will continue increasing interest rates to stabilize prices of commodities and energy, however, it won't lead to Deflation in 2023. Deflation, or sustained decline in prices is never good good for the economy, as it can result in decreased spending & investment, which can lead to decline in economic growth and causes unemployment. If deflation were to occur, FED can use monetary policy tools, such as quantitative easing to stimulate economy. |
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To be precise we have alot of countries in Africa and other continents as well suffering the impack of power outage and these countries were mostly the developing ones where the standard of living is below the developed countries, power outage has caused alot of economical waste of fresh food commodity items that are perishable due to lack of preservation and the production companies finding it a difficult challenge in handling the operations of their heavy equipments used, power outage has also cause the society to go black at night where insecurities has increased operaions at night where everywhere is blackout.
Power outage is not only problem of African countries but also many Asian country are suffering economic losses due to power outage ,as well high cost of electricity which has risen to the level where it has become difficult to afford for an average person. This appended due to rising cost of fossil oil used to generate electricity which is not only costly but also pollutes the environment. One solution to this problem is transition to Solar system which is low cost and environment friendly. |
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Noticing BTC proceeding down for quite some period now, I presumed people will be withdrawing their assets to shares in other businesses. But it amazed me that BTC is gaining more rage and a multitude of people are still rushing BTC. What is the secret behind BTC?
Since its launch, Bitcoin has been known for its volatility, so we should not be overly concerned when it significantly falls to the extent of 80% or more, as long term investor and continue sticking with it. The strength of Bitcoin is its decentralization & limited supply which are reasons behind strong faith in its potential to grow faster than any other asset. This is what caused it to gain widespread attention of investors and become a topic of discussion on all social media platforms. |
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Investment in Bitcoin does not need much invitation or much stress to somebody, what's this investment of Bitcoin if she's understanding when you show the person the way they also teach you the person they strategies and the negative part of investment in Bitcoin because if they have advantages and disadvantages which if the person enter into the advantages the person will definitely hold you responsible so that is why he when you invite somebody then you are not the person to make decisions
It is true that during the past five years, Bitcoin has gained a lot of attention in the media, due to its outstanding performance as an investment & trade able asset on net through trading apps, and it doesn't require much advertisement. Despite this, many people may not fully understand the technology behind it, such as the blockchain technology and technical indicators. It may be helpful to educate and explain these concepts to loved ones in order to help them make informed buying and selling decision for profit. |
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Although I am not married yet  but I will definitely guide my children about cryptocurrency like bitcoin, I will guide them how it work, what is the basic of Bitcoin and too much more. because with time to time due to inflation every fait is devaluation every month and every year even dollar and Euro too , so the best choose to use Bitcoin instead of fait in order to safe himself from devaluation our assets. All fiats includes dollars and euros, it's all the same and not just because they are considered superior to other fiats. Anyway, back to the topic, I'm not married as well but I think even if we don't teach our child/children with bitcoin and cryptocurrency, they will still learn it whether they want or not. Why? Their time or era is totally different compared to us, and maybe someday, bitcoin basics will be taught in middle school. Social media has very strong influence on our daily lives, even children are exposed to it, it is not only connecting us with families and friends but also spreading educational material of all kinds, including crypto, & most of us learned block chain technology & gained knowledge about crypto currencies through platforms like YouTube. Given this reality, the children will come across information about crypto even we actively teach them or not. Therefore, it may be beneficial to give basic understanding about these important technologies at an early age, so that they don't make mistakes, those many of us made during learning process, such as investing in scam projects. |
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The dream of every successful businessman or woman is to have a good successor. you can not be in the light in which bitcoin has brought you to and allow your children to suffer because you failed to teach them the secret behind your wealth. Let your kids know that bitcoin is the surest way to financial freedom, teach them now that bitcoin is of more value than fiat currency, educate them about the importance of bitcoin to mankind, let them know that bitcoin has changed the economy of countries who saw the light in it and adopted it as a means of doing transactions.
Now that your kids are young and vibrant, be their tutor, ensure they are bitcoin oriented, save them from financial dependency, encourage them to rely on bitcoin instead of saving fiat currency that Depreciates now and then.
Our kids represent the leaders of tomorrow, let's teach them about bitcoin now that we can.
Indeed, it is a good idea to teach children about blockchain technology and crypto currencies, as they are important and emerging technologies , which are likely to have a significant impact on our lives in future, However, it is important to consider the child's age and level of understanding before teaching them about these topics, as they can be quite complex and technical. Additionally, it is important to provide a balanced perspective and to teach children about the potential risks and challenges associated with these technologies, as well as the potential benefits. |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
That's the only way you profit if you bought it at low then sold it at high, what's impossible for that? The idea is to have proper risk management on every investment you venture to since you don't know when is the time the coin/token may up or down in price. Risk management should always come at hand first. It is hard make profit from a collapsing coin, because collapse often happens suddenly and without any warning. By the time information is available about the collapse, its too late to take decision to short it. The other option is to take buying position when it is bottomed out & you think it worth it, as this can be risky as it is like "catching a falling knife". In other words very hard to predict when a coin will hit the bottom, so timing is difficult. |
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4. Consumption of domestic products
This is good for those countries that produce their own goods. But for those countries that are reliant on imported products then this isn't applicable to them. There are countries like Iceland where the cost of living is high and then the inflation is also to be dealt with and people there have to bear with it because their country relies on the shipment of goods and products. That is why countries that are mass producing their own consumptions are just lowkey and doing pretty good. I think inflation has affected every country including CHINA, which is called "World's Factory", as it produces everything from heavy machinery to consumable items. Inflation is also risen in China though it is lower than USA. The reason behind it, is the cost-push inflation, which is the result of increase in energy cost, this happened due to disturbance in logistics after the Ukraine war and caused huge increase in crude oil prices. Increase in prices of food items is also one of the major reasons behind skyrocketing inflation worldwide, and it led to rise in cost of living. Governments should provide incentives to farmers, for using new technologies for increasing their agricultural produce, to reduce dependence on imported food items. |
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what are you saying is all possible but I would describe this as a mini bull run too. if you are looking at the weekly candles you will notice that the price might be in the oversold area this might be a correction and squeeze out short traders.
apparently there is no much good news out there except chapter 11 and laid off of big tech sector we need wait and see in my opinion if bitcoin could handle stay above 20K for couple of week we safe
The recent upward move in Bitcoin price, despite only positive news being the recovery from the collapse of FTX, is not believed to be manipulation. It is hoped that Bitcoin will maintain its position above the 200-day moving average of around 19,600 for several weeks, as this could indicate a period of stability and increase the likelihood of breaking the next significant resistance level of 25,000. The monetary policy announcement on January 21st is a crucial event that will determine the future direction of the market, and we will have to wait & see what happens. |
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When each and every analysis was bearish on the bitcoin and everyone was expecting bitcoin to dump to 12K-14K$, the bitcoin start pumping and reached 23K in few days time.
Also, when we look at the fundamentals, they are also all bearish with events like Luna Crash, FTX Crash, Stable coins fund, Gemini and other companies' bankruptcy.
Also, we do not have any positive news about bitcoin recently, do we?
In these times, the bitcoin to pump makes me wonder whether it is due to manipulation and short squeeze to liquidate many short positions opened on bitcoin?
The moves in crypto market are often contrary to what generally market participants expect. This is how this market is, and it always comes with surprises. However, the current mini rally in crypto has some fundamental reasons behind it, such as, falling inflation rate and weakening dollar index. Additionally, market was in oversold position since long time and technical rebound was overdue. The continuation of current rally will depend on, next interest rate increase decision of FOMC, the meeting is scheduled to be held on 31st January. |
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The cost of living in my country is so high that we no longer complain about it anymore. We try to just survive. To keep our heads above water for the next 36days when we will take to the polls to vote out the bad leaders that have brought untold and unbearable hardship to the common man and woman while they take the wealth of the nation to abroad and stash it foreign bank accounts.
That's also what it seems to be happening in my life. Although it's not wholly the entire country but as my way of living, that seems to be what I am living for, just to survive daily. I still notice how hard it is that everybody of course including me to recover from the devastation of the pandemic and the effects of the war. It seems that all of us are just getting used to the sudden price hike of almost everything which is a sad reality. The cost of living is on rise in every country, due to skyrocketing inflation worldwide, in particular in most of Asian countries. This primarily caused due to their dependence on imported petroleum products to meet with their energy requirements. As a result, their imported bill has risen significantly due to rise in crude oil price after the Ukraine war, which weakened their local currencies against the US dollar, making it harder for an average person to afford basic necessities of his family. |
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how to deal with inflation according to my community:
1. Save money
2. Prepare for an emergency
3. Looking for additional income
4. Consumption of domestic products
5. Start investing and saving
that is the way in my opinion to overcome inflation in society. then what do you think? Is this way possible to overcome inflation?
It is true that we can't do anything to reduce inflation because it is a global issue, and it is the job of the governments to take necessary measures to bring it down, but there are several thing we can do to reduce its impact on our family life: - Creating a budget of your home expenses and sticking to it. - Consider ways to reduce your bills, such as insulating your home and if possible, install solar panels to generate electricity during day light hours. - Invest your saving in fast growing assets like Bitcoin. - Learn skills to generate extra income online, such as web developing and animation. |
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If I have amount like this surely I am going to invest into bitcoin because I have feeling this is going to be one of the best investment for you and can change your life forever but here we need few precautious as well because this is risky even many still feels this is fraud, so anything can happen which needs good intention from your side as well if you want to stay safe with this money until your retirement.
You have to divide this all in few tiers, and then you can enjoy with this investment in better way but if you have better salary option then surely you need to work on this for few minutes or hours daily then take good profit with this investment and enjoy your life in luxury because things can change quickly so just stay safe and keep things in your own control.
When considering investing in Bitcoin, its crucial to believe its potential to become widely-used form of payment in future and to understand that it is rapidly growing asset. Additionally, it is cyclical & inherently very volatile asset which can fall to the extent of 90% in bear cycle, despite this, you have to continue holding onto it with patience during these hard times to harvest substantial profit in bull market. |
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what I observe from every occurrence of a flood disaster in an area is because of the people themselves, where they throw garbage indiscriminately and do not provide smooth waterways besides the lack of public awareness in protecting the environment. The most influential in this disaster will be the farmers because their crops will fail and a shortage of staple goods will occur, so small traders will also be hampered by the increase in the price of goods. besides that workers will take the day off because of the loss of access to alternative roads, submerged buildings and loss of communication networks.
I have also observed in my country where heavy rains often lead to floods, which results in loss of human life, destruction of infrastructure land damage to agricultural crops and residential propriety. You are right that , to prevent these disasters, we need to create awareness on massive level for protecting environment by reducing consumption of fossil fuel, planting new trees as well as stop building illegal construction on river paths. additionally, the governments should take necessary steps to construct water reservoirs and pass legislation to reduce emission of toxic gases. |
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