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181  Bitcoin / Bitcoin Discussion / Re: Can Your Bitcoin Wallet Be Hacked? How Can You Secure It? on: August 16, 2021, 03:36:45 PM
There are many people in 2021 that have decided Bitcoin is the future - and they aren't wrong either!

One question a lot of people are asking is whether your Bitcoin wallet can be hacked or not - well, can it? And is there a way to secure these funds? https://4king.com/can-your-bitcoin-wallet-be-hacked-how-to-secure-your-funds/
Hacking occurs through phishing sites where they get your data's from your phone. They are good at identifying where anyone is securing their private keys or recovery phrase. I recommend not to put these ones on your FB or emails for future purposes. Better if we secure it by hand writing and put it in a secure box. Other than this, there's no one that could hack in to it.
182  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the crypto hype over? on: August 09, 2021, 08:32:12 AM
For some reason, Elon Musk stopped tweeting about DOGE and even Bitcoin, making people lose interest in crypto these days. Add to this the China miner ban, and regulatory action against Binance exchange and you'll see why the market hasn't gone up that much within the last 2 months (approximately). Bitcoin is still struggling to reach a new ATH, while ETH doesn't get past $3k per coin.

Sometimes I wonder if the crypto hype is over. "De-Fi" and NFTs are still a big hit, but interest/demand seems to be slowly declining. I'm guessing the next Bitcoin halving will "revive" the hype. But there's no guarantee this will happen since crypto behaves in many strange and bizarre ways.

Do you think the crypto hype is over? If not, why? Your input will be greatly appreciated. Thank you. Smiley
Nope it isn't. Thanks to these new play to earn games probably gamers will now be in crypto. I am one of them so I believe I am seeing a possible millions of gamers emerging this space. There are now games developed that is similar to various popular online games like Counter strike global in steam and now Citizen Finance are creating a similar game with a play to earn feature. There are also games like crypto blades and the most hype one which is the Axie Infinity that is helping spread the trend for cryptocurrency hype. We don't need Elon. We just need a revolutionary play to earn games and a passive income that could help us financially and that could lead to cryptocurrency biggest popularity.
183  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you guys think about the Old coins? on: August 09, 2021, 07:45:33 AM
Hello Guys,

Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ...
Can they compete with existing coins like DOT, LINK, coins on DEfi.

Should I invest in old coins?

Yeah why not. I believe old coins has now very much established compare to these new ones. However, in terms of usability and trends, these new ones have their advantage. Meanwhile, these new ones are nothing compare to what the achievements and developments that old coins have. They probably have the hype but without it, the foundation is weak and could easily ramp down. Old coins will continue to compete and probably new features will come out added by new partnerships.
184  Bitcoin / Bitcoin Discussion / Re: Covid-19 On Bitcoins on: August 09, 2021, 07:36:57 AM
Does Covid-19 affect Bitcoins?

  I think Bitcoins will be still stable and nothing effects in Covid-19 .and the thing we thought about Bitcoins that it is an Volatile and unpredictable are still continues.
Of course it does. Before the pandemic, price of BTC was around less than $10K. During COVID cities were lockdowns and people were at home probably using phones all day and stuffs like that and by that many people were now exposed to BTC news all over social media added by institutions entering the space and that's were people rallied too.
What happen to Bitcoin if this pandemic did not solve?

  I think Bitcoin will be spread along the way and the population of Bitcoins will be long and infinite an the value maybe down and decrease due that maybe Bitcoins can notice that more people use it in time of pandemic. But we're hoping that the value of Bitcoins are consistently.
It would still be popular and its price would still be rising. FUD's are inevitable but still I believe BTC will still be on 50K mark within the year if pandemic still exist and if vaccines weren't still available.

Does every people in the world participate bitcoin during pandemic?

   Not all people participate in bitcoin during pandemic but if we compare before and after pandemic I assure that during pandemic time Bitcoins is one of the source of income to some people in the world and I think 50% people will participate in bitcoin inorder to live and earn money even if pandemic.Not at all people using Bitcoins because they think it's hard and maybe they think also is harmful to them due that rear in there place.

Of course it does not. Many people are still in the rural areas where technology are not that being utilized. Even in USA, only 6% of their total population are using cryptocurrency. How much more in other countries who have less knowledge about this.
185  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin in the highest level of trust? on: August 09, 2021, 07:21:07 AM
  • In banks' ledger server, our money is just a string of number. Banks render these number effective. We trust banks then we carry out normal economic activities. But thought banks will not directly tamper with the number in our account, the government can depreciate the value of our wealth by issuing paper money in a large amount to deprive our money.
  • When it comes to Bitcoin, no intermediary is needed in money transferring. A distributed system built trust with the help of decentralization. Bitcoin protocol allows two separate individuals to conduct transactions in a peer-to-peer manner via the Internet. When you transfer Bitcoin from one account to another, you can trust not only its underlying system for support, but also the authenticity of the sender and the validity of Bitcoin.
In the distributed network of Bitcoin, intermediaries are replaced by public key cryptosystem and consensus mechanisms to ensure the authenticity and validity of transfers. This is why we say that Bitcoin solved the trust problem in transactions and accomplished intermediary-free and the highest level of trust---trust-free.
In bitcoin we don't need ledgers anymore. Bitcoin uses computers to verify every transaction and that's where we accomplished the decentralization which is publicly available and could be check whether it was spent twice. And by because of this, trust were established within the system and community accepts this superiority than fiats. Aside from that, no more KYC needed for every transaction you have and by that freedom that BTC offers, people tends to adopt and understand that this thing is quite good rather than normal banking system.
186  Bitcoin / Bitcoin Discussion / Re: What happens to the coins after your death ? on: August 08, 2021, 04:09:43 PM
In most of the cases when the person dies, his crypto would become useless if his family member do not know about his keys.

I do not usually tell my password or keys to anyone and i know majority of the people don't do this. We are being taught to keep the keys safe.
No one think that one day he will die and in that case, his family won't be able to use those savings (bitcoin/crypto) if they don't know the keys.
Also people won't like to share keys with siblings or wife because they can misuse them . So what could be the solution to this  Huh
Unless its an accident of a sudden death, your coins could probably be dead also. For me, if I can feel death for is near, I would really make a personal letter in email containing my keys and send it to my beloved ones with a note in every address. A plan should be established before your death and give all your wealth. You can't bring those wealth so give it to people you care the most.
187  Economy / Speculation / Re: Is Bitcoin Bullish At The Moment on: August 08, 2021, 04:05:32 PM
As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?
No doubt it is. I can see it go pass through 45K area and could touch the 50K mark within the month. This area's are commonly healthy and if the resistance broke fast, it could potentially be rallying to a new all time high within this year.
If this is not bullish, I don't know what is.  Grin  Before this run, Bitcoin price was still stuck between $30k and $35k. But it has a great pace right now and the price reached nearly $45k today. We are getting even closer to $50k day by day. It's a matter of time that Bitcoin price goes over $45k. And I don't think that there is any reason behind this rise. It's just about Bitcoin's volatility.
Yeah agreed. It struggled at 30K mark and couldn't even win a single day. However, I believe the price actions wasn't just because of volatility. There are good news came out days before this bull run. The talks with Jack Dorsey and Elon probably helps this one and the rumors about amazon.
188  Economy / Speculation / Re: Bitcoin current stage and price on: August 08, 2021, 03:56:14 PM
This week holds high expectations for Bitcoin enthusiasts and traders who are waiting for the next Bitcoin movement. The price of bitcoin is $39,700, which some analysts consider as a bullish momentum. We expect at lists a $45k Bitcoin price before the end of this week or a strong resistance of $43k price and the end of the week.
What are your views on the current market?
An linearly trend happened last week and it almost cross the $42K mark. A healthy correction happened which pulled BTC down back to 38K area and bounces back again to $44K which I believe could breakout again to 50K. I believe this bull run could be strong than what happened before and could potentially surpass the all time high within a year.
It is not possible to predict the price of bitcoin but if you have faith in bitcoin you can invest and hold on. Bitcoin is a very strong currency in the crypto market and its price goes down but it goes up to have high reassurance these months of bitcoin could be much better and the price may go up further by the end of this year.
Yeah we can't predict but we can determine its price range using the current trend and bullishness analysis by charts and experts.
189  Economy / Economics / Re: Bitcoin investment on: August 08, 2021, 03:47:41 PM
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
No one can predict nor tell what exactly could the price of the price of BTC be in end of the year. Somehow, there are various aspects that could determine the range of its possible price. I believe the price of BTC right now is in its healthy range. 40K mark up to 50K is quite healthy price for it even before the FUD spread by Elon. A 100K mark can't be achieve this year though but most probably within 2 years or so in my own analysis.
190  Bitcoin / Bitcoin Discussion / Re: Why should you own at least one Bitcoin? on: August 07, 2021, 04:31:11 PM
Many people are considering how to invest in Bitcoin. My advice is: try to hold as many Bitcoins as possible. If you are not rich, you also need to hold at least one Bitcoin. If you don’t own one Bitcoin, It is possible that an entire era will be missed.

Why would I suggest this?

Because I think Bitcoin will rise to an unattainable price in the future. In fact, it is difficult to value Bitcoin according to traditional valuation systems and models. Because Bitcoin belongs to a completely different category of assets, I think a more accurate name should be "monetary assets". This is an asset with a very strong currency attribute, and it is also a currency with a very strong asset attribute.

It has become a consensus that the economic crisis will come back every once in a while. The reason for the financial crisis is very simple: both parties are greedy, investors' greed and bankers' greed. Greed is what it should be on Wall Street, it can almost be regarded as an obligation.

And when will the next round of crisis come? We don't know
I believe what you believe in. As a hard core bitcoiner, the hoarding of bitcoin is like an addiction. You'll get greedy once you have one and then you will try to have 1 again. I hold BTC since 2017 and it really helps me this pandemic. I am still planing to hoard more and more as I know times weren't always good. Its better to have another back up for your funds once shit happens.
191  Bitcoin / Bitcoin Discussion / Re: some people uneducate about Bitcoins on: August 07, 2021, 04:24:24 PM
5 years ago I heard about Bitcoins  some feedback are good but some of them are negative

Untill now In my country if you say/discuss about Bitcoins expect that their response are negative.

Why does some people always say negative about Bitcoins?

1. Lack of knowledge about Bitcoins, uneducate People only saw the negative sides of Bitcoins.
2. Some of them say negative feedback because of their experience on some sites about Bitcoins,  because now a days Bitcoin are popular but there are many site will scam you if you are spontaneous to invest in not trusted sites.

Yeah I agree. Even in my country many still thinks of bitcoin as a scam. When you talk about it, some will say its scam. Some will tell you its for rich and some will tell you they don't know about it and how it works. So, as educated ones, it is our responsibility to give them a hint or educate them even the basic ones. The uses and its advantages.
192  Bitcoin / Bitcoin Discussion / Re: What do you think will happen to Bitcoin in 100 years? on: August 07, 2021, 04:21:52 PM
Many of us now invest in Bitcoin, not only did not make money, but in bitcoin price volatility, they also lost their principal.

Why is this so? Because we did not see the long-term value of Bitcoin, but lost our chip because of fear in the 24-hour violent price fluctuation of Bitcoin.

Here, let's do a simple thinking together. What do you think will happen to Bitcoin in 100 years? Will the Bitcoin network die?

First of all, it is certain that 99% of us are dead. We may see Bitcoin in 50 years, but it is difficult to see Bitcoin in 100 years.

But will the Bitcoin network die? In my opinion, even 100 years later, it is impossible to eliminate the influence of Bitcoin in human civilization.

Instead, Bitcoin has become the infrastructure of human civilization and is applied to all aspects of human civilization. And humans have begun to mine and dig Bitcoin on the moon, space station, Mars, and even outside the solar system.

If you think so too, what are we to be afraid of today?

Bitcoin brings us the sea of stars. We don't care about the rise and fall of its price, but to accompany it to the universe. We store Bitcoin today, not just for ourselves, but for our children and grandchildren.
We can give away the bitcoins we acquired today to our descendants as their wealth forever.

At the same time, 100 years later, I believe that Bitcointalk will always exist with Bitcoin. 100 years later, there will still be Bitcoin supporters coming here, posting and communicating.

Here, every paragraph we wrote today records the traces of Bitcoin when it was first born. I believe that the words we write today will become the imprint of Bitcoin and be recorded in the evolutionary history of Bitcoin civilization.

IThat's my point. What do you think of Bitcoin 100 years later? Do you think Bitcoin will die in 100 years?
In a 100 years, BTC halving will stop. At around year 2140, the last BTC block will be mined and no one knows what will really happen after that. However, for me personally, BTC will be here fore centuries to come. It is one of the revolutionary technology that could help the future humanity in helping the dying earth. In a century, its price will be drastically different from today. I believe a Million isn't enough for a prediction but it won't be less than hundred thousands.
193  Economy / Economics / Re: Have you been grateful for today? on: August 07, 2021, 04:15:11 PM
Definitely, I made a decent cashflow for me every month even though I am still a student so I am definitely grateful, not to mention that I am also have plans to expand my money making horizons. I am also grateful that I am in good health to continue my grind and now that we are at it, I also would like to thank all the people who helped me get there.

In this time of pandemic where the economy of country crashing down, increasing unemployment rate, increasing poverty rate and here I am been able to make a decent cashflow is more than I am expecting for in life and I am beyond grateful about it. Now, I can truly say that my decision to know deeply about cryptocurrency was all make sense and because of this platform I can able to make a good living not for me but also for my family.
Yeah cryptocurrency trading really helps up during pandemic and luckily the rise of tokenized gaming is really hot right now. Even though unemployment is really high, these cryptocurrency earning games could literally help us with our daily needs. Maybe not enough but still profitable rather than nothing. Axie, DeFi pet and etc is really a saviour during these hard times.
194  Economy / Trading Discussion / Re: holding is not an easy thing on: August 06, 2021, 04:12:09 PM
alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.
This is the problem when you invest the money you can't afford to lose. Projects really needs time to grow. Time for developments and to spread the word of their work for them to have more community awareness. Aside from that, market volatility and price manipulation from whales is really a thing that dictates its price action. What if you buy a coin and leave it in wallet for a year or so. Surely you'll have a profit way beyond expectations.
195  Economy / Economics / Re: Is it easier to HODL if you are already rich? on: August 06, 2021, 01:32:14 PM
One of those successful cases of bitcoin hodling was a friend of a friend. They (a couple) took an important risk by investing 60k of a dismissal compensation into bitcoin and making a x100 on it before selling half. I do not know what they did with the rest. Now, these people were not rich, they took an enormous risk compared to their total wealth. They had to really believe on the project and pass though some of bitcoins usual "tests of faith".

For someone with let´s say, a net worth of 1M USD or more plus house, hodling 60k until they became 6M would have been not that much of an stress. Do you think it was easier to benefit economically from bitcoin if you were already a bit up in the ladder?
Yeah. Not relying only with your investment for your daily needs is really a big deal. If you are poor you can't have that freedom of investing your money without taking a toll on your day to day life. However, the first thing in crypto is that you should invest what you could always afford to lose. This is probably the best advice for anyone who's into crypto now and even Cz told us that
Quote
If you cant hold, you won't be rich
196  Economy / Economics / Re: Have you been grateful for today? on: August 06, 2021, 01:22:31 PM
I just opened Facebook and read a short, but meaningful post. in the post it says

Quote
A mountain of gold would not be enough for a greedy person.
But, a plate of food is enough for a grateful person


I ponder when I do daily trading in the crypto market, I often get profit even though it is not too much, But I am always annoyed and irritated if the profit I get is not on target. I forgot to be grateful and hopefully, I can be a grateful person even though I get a little profit from crypto trading.


Indeed. I too get irritated and sad when the target profit isn't attained however I think I've learned my lesson from the latest bearish market. Now I take profit in day trading even if its too small and convert it to fiat as fast as possible. I also try to maximize my profits by holding on to some good coins out there.
Feelings of not being enough for others sometimes trick us into being greedy, becareful with that.
Yeah, somehow caring too much in others opinions about us makes us very much vulnerable to greediness. But, I believe proving them wrong is much satisfying thing.
197  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 what to expect on: August 06, 2021, 08:51:01 AM
As developers keep improving the ethereum blockchain, even though previous ethereum hard forks failed to solve the problem of high fees in the ethereum blockchain.

But with the new London fork proposal 1559 which will offer a new fee system that burned all transactions fees instead of miners determining the fees, this will remove more ethereum from circulation causing demand to rise because of scarcity which will ultimately lead to an increase in price and fewer transactions on the ethereum network.

What are your expectations from this and how it will affect the overall ethereum ecosystem?
It was a good move by the Vitalik and his developers specially that price of transaction fee in ETH network is very much up there.
It could possibly compete with BSC tx fee now. I see a very good future here for ETH and its holders, I expect a new ATH within a year or so.
UNISWAP traders will also be glad to hear this specially that for every transaction, you pay almost a 100$ for fees. Moreover, I think ETH is now undervalued probably good time to have more.
198  Economy / Speculation / Re: At last at last, bitcoin increase more than $41,000 on: August 05, 2021, 02:32:20 PM
I was very happy yesterday when I saw the price of bitcoin to reach $40,000, I check the market after I woke up today to still still the price to remain at $41,000./I was very happy to see that, it is that bitcoin price will not fall back below $40,000. It take time before bitcoin get to over $40,000 because it was fluctuating between $$38,000 and $40,000 bit the price is now over $40,000, we are expecting $50,000 next.
Yeah bullishness in Bitcoin still isn't done yet. It is expected to be 50K up again by the end of year or so and most probably could hit another ATH next year. All we need is news from institutions who adopt and invest in and stop listening to manipulation of these big names. Another thing is that investors from stocks could possibly be jumping in to crypto during this post pandemic.
199  Alternate cryptocurrencies / Altcoin Discussion / Re: Are we already in meme coins mania? on: August 02, 2021, 04:44:20 AM
First DeFi then very short NFTs and now I see we are or entering the Meme Coin mania times on crypto markets.

Of course people learned nothing from Doge and keep investing in all sorts of meme coins available on the market.

What is even better there are literally dozens of new meme coins started in last few weeks, don't want to spread the names to obvious scams, so you will need to research this, but believe me I have seen more as 20 new once.

To add the fire many scammers can fill the hype and they pump many of this coins to record highs reaching best gainers positions and scoring free advertisement from the biggest crypto related websites.

For me this is little hard to understand that they do completely nothing to filter this out.

I don't mention any names of websites or project on purpose, every little experienced crypto investor knows what I am talking about.

So tell me, are we in meme coin mania already?

https://poocoin.app/tokens/0x984ae7a0e32ae2813831b3d082650e1eca7a1996


Yeah we are into it now. I am seeing projects emerging having the name dog species and same purpose as Doge. Some are even trying to be DeFi in their vision and having that the same tax distribution where if you hold more, you'll earn more.
This is probably because of what Elon has started. Shilling meme and now people wants to create one.
200  Alternate cryptocurrencies / Altcoin Discussion / Re: Where do you get your news about Crypto? on: August 01, 2021, 11:44:22 PM
Here

https://www.theblockcrypto.com/

https://cryptorank.io/news

I'm always using both sites to get the latest news about altcoins. i often use cryptorank to get the news for the small coins but you can also try to get specific news through CMC as well. These sites are good sites based on my experience.
Cointelegraph and coindesk is probably the best crypto news provider out there. These two are very much professional in terms of giving out news update and very much far in terms of competition to others. However, there are other information giver in youtube which is quite legit. Altcoin daily and Coin Bureau is one of the best out there having internal details about the project and aiming for highest quality crypto news in youtube.
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