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1821  Economy / Economics / Re: Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’ on: May 18, 2023, 08:51:51 PM
Bitcoin is a commodity, most altcoins like ether are securities. Why can lawmakers think that crypto are like gambling. Are the lawmakers right about this?

It really depends on the jurisdictions that are it a commodity, asset, currency, or store of value quite similar to each other but actually very different in their role. We can define bitcoins as a Number 1 some call it one, and others prefer 1/1 also sometimes we use First. It all depends on the consumer who needs it. For many days there is a continuous scene of replying and reading posts dealing to the Bitcoin role. I was supporting it as currency somewhere and somewhere I did accept it as an asset and commodity but now on the end I am standing with the perspective. Whatever you call it it will remain Bitcoin.

Rest of the OP's concern and information is relating the crypto to gambling and I think Op's words are enough to explain that Crypto is not gambling and in am sure 99% on it but for the Bitcoin is not Gambling i am 99.999999% sure
1822  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether to buy Bitcoin based on monthly net profits on: May 18, 2023, 08:41:07 PM
Feels like LUNA in terms of how the value backing by other crypto but completely different since it’s Bitcoin backing them while UST is backed by their own currency too. An attack to the company will clear do a double damage to them because they are same while Tether is using Bitcoin which is a different entity. Bitcoin is performing very solid for many years and also they only use 15% of their revenue unlike dumb Luna that directly pegged the price on their token value by manipulating the token supply.

Tether is the most use stablecoin in crypto market. I think this move is very good in long term since they are generating huge profit in bear or bull season because trader never stop trading stablecoins.


That the fact people will not stop trading the stablecoins but my concern is about their pegge potential because whenever I use to visit their reserves, it always put me into a new curiosity that why and how they can decide to put all of their reserves (Maximum Value) in the Security Bonds, Such type of decisions can lead them towards the destruction I know many people do trust USDT but because many do should we do too. A scenario can change everything because on the centralized exchanges liquidity behaves differently if some try to manipulate it with a good amount of money they manipulate it and I am not sure how much Teather is ready for such a crisis.

LUNA's Ecosystem apparently was great but there were some in death fundamental mistakes as one of them mentioned by you, Bitcoin is another entity I know there is no one here to manipulate the total supply, but for the security bonds who knows?
1823  Bitcoin / Bitcoin Discussion / Re: Bitcoin is "dying". on: May 18, 2023, 07:45:50 PM
Hmm I have seen some of your posts as well, and I d agree with your point of view I am also shocked how the narratives are destroying the community core and most of the people who support the new ideas on Bitcoin are destroying the base and core concept are New joiners. Most people even don't know that Bitcoin is a payment mode not an asset with the passage of time most people now think Bitcoin is just a store of value which I disagree with because it will affect the future potential. A store of value can be called one of the Milestones. Many Bitcoin development narratives came and gone but Bitcoin is standing.

A few Narratives are as follows which I think one of the most supported ones;

✱ Speculative Investment
✱ Alternative to Fiat Currencies / Destroyer / Nightmare to Fiat
✱ Financial Empowerment
✱ Bitcoin as a Store of Value
1824  Local / Other languages/locations / Re: Pakistan on: May 18, 2023, 05:31:53 PM
Reply to illegally allegations


Shan85 bhai sab jee sano daso asi kahan support karin you ko?

Koi aik allegation hoti tu na... chlain maan lia ap ne ghalti signature aage peche kiye but phir jo iss thread main ap k khilaf jo charge sheet tiyar hoi hia iss ka jawab tu community kia ap khud justify nahi kar sakte.

Pehle ilzaam : Wearing Double signature (Shan85)
Dosra ilzaam : five connected account https://bitcointalk.org/index.php?topic=5452979.msg62254001#msg62254001
Teesara ilzaam: Here's some connections on the ETH side of things https://bitcointalk.org/index.php?topic=5452979.msg62254976#msg62254976
Chootha ilzaam : One more https://bitcointalk.org/index.php?topic=5452979.msg62255984#msg62255984

sirf 2 din main logon 3 pages bhar diye hian.... ap ap batao ye community apko kahan support karay aur kese defend karay?

Abi ap Full Member banay the...

Anyway warning to all of us please ap jinte marzi smart banain aaj nahi tu kal... بکرے کی ماں کب تک خیر منائے گی Smiley

Exactly sir g He can't say even a word about getting support I have all the proofs that he intentionally did this, So he should bother us anymore. Humm support karte agar koi zara sii bi Gunjaish hoti ispe.

Mujhe sir itna gusaa ku ka sir galttii karte then kehte Senior ne guide nai kia loo gii galat kam khud karain malbaa hum pe dalian. Jab main ne ye dekha because I was the first one who watches because you know for a long time I am working with roysee so I have followed him one each and every post to be updated, He posted that he removed shan85 + tagged him red I was shocked why then there was a case filed by the Shasan and after that I was like is he a kid he is cheating by joining two signatures and expecting nothing will happen.

Then my reaction post you all know after that main ne Zain bhai see baat ki ku ka isne khud kaha ka ye zain se kuch bat cheet kar raha, then main ne zain se poora mjra suna and all allegations are not allegations these are the facts.

Chood dain sir ispe abb kia baat karain humm Jo assal mala bana howa ospe baat akrte hain..



Crypto BAN is it Gonna Happen Really

Too sab se pehle you all know what happened now mere kuch views hain woo ap loog sun lain...

First This is currently a Hot topic and our concern Ye just Tresurry meeting ma Comments the ka Crypto ko Ban kia jye ga KAb? ye nai pata.
Second Banning a few sites cant BAn crypto.
Third, if they really want then it requires Law Imposing, and policy-making, and ye current political crisis ma Impossible haaa.
State Bank ka abi take mujhe koi official comment ya Notficiation anzar nai aya so abi malaat itne kharab nai hain.


1825  Local / Other languages/locations / Re: Pakistan on: May 17, 2023, 11:42:07 PM
Ab tu Binance ne be keh dia hai they monitoring the situation... means wakai dal main kuch kala aagia hai Sad


Poori daal hi kaali ha Sir g.

Ye jo conference thi isme jo figures samne aye wo sare ka sare galat the, kaha gya ka crypto scam ha total scam reason kia dete hain sir g ka 16K cryptocurrencies lunch ho chuki first point ka more then 21k ya 22k cryptocurrencies lunch ho chuki as per latest data jo data ink dia ya oska pata nai wo konse outdated media outlet ne dia inko.

Next kehte hain ye scam ha ku miss market ka total market capital $2.5T+ see $1.2T pa a gya haa in see zara poochian phir to apki stock market sabse badi scammer ha haha facts haa hii nai inke passs, or sabse badi baat inse poochain ka $16B+ ka reserves the Pakistan ka and now after PD we are in negative ratings and numbers to Haram to poora mulk hi scam howa ni phir. Also ye bi bta dain ye loog konsi Invetsment market always Bullish rehti ha mujhe to esi koi market nazar nai aii haha.
1826  Economy / Economics / Re: Bitcoin Supercycle? on: May 17, 2023, 11:36:00 PM
Supercycle seems new to be interesting but what you are asking for is not possible in my perspective because in the market cycle, we have seen there most of the time 3 out of 4 years market stays Bullish, and 1 year of a Bearish run. But in those, even Bullish years market stays non-contiguously Bullish over all year can be called Bulllish in general. The fact is in different time frames market behaves differently last week was a bloodbath so it was bearish but we can't call it a bear run because the total return at the end of the year is not negative.

Take the market on a wider time frame as 7 years or 10 years you will find it contiguously Bullish for shorter timeframes you'll find volatility which is the beauty of the market.
1827  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether to buy Bitcoin based on monthly net profits on: May 17, 2023, 02:38:13 PM
My views on the tether are very strong and this is one of the most shady stablecoin projects ever. Be careful whoever is holding a decent amount in this coin because this many times reminded you that the next major crisis is gonna be related to the tether. As most of the reserves are on equities and bonds whatever they call it short-term or whatever but they can't provide enough liquidity on the spot if USDT gets de-pegged and that's gonna be a great disaster again.

If they are thinking to increase their BTC reserves it's great but it is again alarming for us because it will lead to more volatility in the market if any fud occurs similar to the LUNA. If any fud occurs and USDT gets de-pegged for the liquidity team will sell out Bitcoin as LUNA's team did and that will lead more market volatility.

There are a few key features of Tether;

♣ Lack of Transperency.
♣ Unconfident Reserves.
♣ Regulatory Risks.
♣ Counter Party Risks.
♣ Uncofident Supply (Token Printing).
1828  Local / Other languages/locations / Re: Pakistan on: May 17, 2023, 06:49:45 AM


wa alaikum us Salam

Bhai kia huwa muje kuch smaj nahe aya? ap kis ki bath kar rahe? Etna ghusa apka aaj thak nahe dikha, i think koi serious maamla paish aya hai. Ap ne Shan85 bhai ko tag kia hai kia us ne kuch kia hai? muje tho us k baare mai etna pata hai k wo hamare sith jis compaign mai joined hai waha par Royse ne usko red kar k reject kia hai q k us ne double signature pe apply kia tha aur dono jaga i think accept n huwa tha magar us ne Royse ko Shahid bathaya nahe tho Royse ne usko scamm with double Sig ka aizaz dia huwa hai.

Saare saathi eska khial rKhe k zarori nahe k apka post 3-4 paragraph ho magar to the point hona zarori hai. AIChat, copy paste wagira se belkul ijtinab kare. kher hai ap 4 k bajae 2 post kare magar sahi kia kare , es tarah ap ko inshaAllah masla nahe aaega. Agar kahi jaga se image otai ho ya koi fiqra etc tho uska source link zaror diya kare tha k baad mai pachtawa na ho.

Apko nai pata bhai, Pehle to main ye janna chahon ga are you trying to defend? koi allegation nai ha just pooch raha hon becasue main ye reply ye consider kar ka de raha ka apko kuch nai pata.

ItsCrfty i am not sure username sai ha ya nai lekin ye new member hain hamari community ka and inko bi for plagiarism nikal dia gya haa may be inko report bi kia gya ho moderator koo. Next Shan85 ye bi new member hain from 2 months and he accumulated a lot of merits how ye main batana zarori nai samjhta as kuch batain na kahi jain to behtar hota haa.

So baat sariii ye ha ka inhon ye intentionally double cheat kia campaigns ko toe arn a few dollars and apne account ko Red tag karwa lia even allegation flags active hain and i have supported the flag after reading the case created by the Shasan. Ye jo sara kam howa oska ultimate ye ha ka hamari community ma log ye kam kar rehe joo ka bohat embarising haa boss it will directly impact jaab bi hum forum ka meta section ma ya ksi bi Thread pa baat karian ge wo kahian ge ka ye community hi spammers ki ha (Maximum).

Ye waja ha ka main itna zyada gussa hon building good reputation is very hard and from a long time IrfanPak_10 and Shahzadafzal aik reputation building ka safar pa gamzan hain and they gained alot Alhamdullilah (Reputation) jab koi hamari community se esi harkat hoti oska overall impact jata haa community ka  baree maa. Main again kahon ga newbies ko support karna aik jaga but spam control ka lia merit distribution control ki jaye ye 3 t 4 months se bohat zayda ho gai haa.

1829  Bitcoin / Bitcoin Discussion / Re: There is something wrong with understanding Bitcoin on: May 16, 2023, 11:28:07 PM
Hmm comparing the Gold investment or any type of other commodity or Asset's investment with Bitcoin is completely wrong. Bitcoin used to be called a Digital Asset but in reality, it's been just a payment mode. Now coming to the investment point most people use to convert their money to safe investments to secure their value but they don't take risks to make huge profits this type of investment can not be comparedbitcoinnSuchhthe type of Investment done in Gold, Silver or any other asset or commodity. Bitcoin is a risky market where investors through their money by knowing the risk to earn huge returns on it. Things should be clear now about Investing in assets and Bitcoin.
1830  Local / Other languages/locations / Re: Pakistan on: May 16, 2023, 06:56:46 PM
-Snip-

Asslam o Alikum Community,

Ye kia ho raha ajkal Who are these spammer for a few amount of money they ruining our reputation 😔 so embarrassing in every month a spammer comes and earn merit by assuring us that he will do good and we do support him  by giving merits. He do some stupid things after getting ranked up and boom 💥  gets banned for doing ^^^^^.

I am rude today because this is second report of the day and regular resport from 3 to 4 months.


Yaar kia karna ese paisa kama ka lanat ha ese pessy paa Haram khane se achaa ha bhookee rehhh loo. Signature is not full time earnings its just part time learn some skills as student meri sabse request ha newbies ko support karna band karain support him after few months of activity otherwise results ap dekh rehe hoo. Yaar qasam international communities ma hamari kia izat reh jatii ese kamon k baad. Please stop this. My request to Shahzadafzal, Umeridress, Syeds56, Zainmalik75, Themepen,Mfahad and IrfanPak_10 please app merits sooch smjh ka share karain. Humain ese Board ki shyed Signature and Clients hi naa milain jo hamari community ka kuch spammers ki Harkaat hain.


Try to avoid spell and grammar i will edit it out posted in hurry PC is down.
1831  Bitcoin / Bitcoin Discussion / Re: You are still very early on: May 16, 2023, 06:44:46 PM
I am really not sure about it whether we are early or late but comparing the opportunity that recently passed I think the people who were in but were actually out by investing are really late now. Still, there is a time you have to pay the price by cutting down the profit potential you were able to make but now you can but still profits are waiting for you. Sounds Stupid naah I don't think so.

Anyway OP is guiding us well we should never lose hope as I am also waiting for more Opportunities because I've also missed a lot but my reason was my funds issues beside that now Alhamdulillah I am able so I am trying to grab as much as I can.

Sike - It's BTC you are never late, Just be patient.
1832  Economy / Economics / Re: [Article] How ChatGPT Will Destabilize White-Collar Work on: May 16, 2023, 05:31:52 PM
AI is good, it works faster and cheaper and you can modify it on each layer which gives a wide range of features, Consider Chatgpt you can do literally as many things as you want with it. For example, I got a University Project importing data to Teradata and the data was quite big at least n my scale and there was a restriction it should be imported by manual process,

♣ Traditional Scripting
♣ Table creation
♣ Long Queries

So simple I just copied data and created queries and modified text with a few commands rest of the importing process was easy as the main work was managing and modifying the data as columns names, tables, etc. It took some time but worked for me. I will say that it's like fast food AI is good. But it's not much impressive because the currency efficiency level is limited as I said I also modified data with ChatGPT but out of 5 commands it works well with only 1 or 2 commands. It gives pretty average results currently I think white-collar jobs had no issue with AI for the future I am not sure.

Future targets of AI can be, but currently they are safe around 80% in my views.

♣ Devlopers
♣ Content writers
♣ Graphic designers
♣ SEO Experts

Ai writes, creates, develop decent but the quality which even an average developer creator and optimizer can provide it still much better then then the AI. Its good for quick works for Quality production there is still a decent time & developemnts required.
 
1833  Local / Other languages/locations / Re: Pakistan on: May 16, 2023, 05:10:10 AM

Kon etna bara haasid hai jis ko jalan ho rahe the k mai kuch reward yaha se le loo? es waja se k mai PTI ka supporter nahe hoo? Jis ne b kia hai , Allah tho dikh raha hai. Bahot afsos huwa , agar ap ne bthana hee tha tho muje message kar dithe k ye masla hai ap k posts k sath.

Esii koi baat nai ha jani isme galtii apki bi ha ap Palgrism ka case a nominated hoo so its a big deal, ku ka palgrism is stritly prohibted arroud 3 4 members of our community already faced this even they got banned.Baqi yahan pe ICO ne kaha ha ka native speaker aybe koi orrr ho hamari community ka illawa. Agar community ma se kisi ne report kia ya confirm kia to osko essa nai karna cahiye tha osko phele apko bta dena chaiye thaa.

Rahi baad Haasid ki i dont think so koi Hassad karta yahan paa becasue most of users Alhamdullilah Allah pak ka karam ha ka already in the Signature earnings accepted hain orr wo achaa khasa earn kar rehe hain.


Wa Allaikum Assalam, ji Kafi impressive as always but iss month thoory kharab ho sakty haa, q ky iss month the one and only pawa shahzadafzal   bro Kafi absenties karchuky haa aur abhi net ki bandesh ki wajah sy aur bhi absent hogai jis ka direct affect yeh howa ky merit ki kushksali hogaye haa, jis ki wajah sy thread ma activity aur dino ky mukably km hogaye ha. Aur Kafi active members ki posting flow slow hogaye just like shan

Hmm ye to haa wessy. Khair dekhi jaye gii haa wessy iss baar ka stats intresting honge.
1834  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2023, 09:31:43 PM
What it could be considered as? An indication that we are on the journey of continued decentralization & Diversification of supply. I will consider it as Progress toward the ideal goal.
Hmm everything is debatable weather its having negative or positive nature.


Source
1835  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS an asset. Do you think it's bad? on: May 15, 2023, 09:11:23 PM
I was taking Bitcoin as an asset before but recently a few months ago I realized my mistake and now I have the same opinion as most of the people here have. It was primarily designed as a P2P medium of exchange and it should need to be always a medium of exchange. There is nothing wrong if anyone wants to invest here by the narrative of the asset. The Original idea has many edges on the asset. The following things might get affected or you might get affected if you consider BTC as Asset;

-Volatility: BTC is known for its volatile nature by declaring it as an asset it will lose its volatility.
-Limited Adoption
-Whales Market Manupaltion will also Boom
-Lack of intrinsic value


 
1836  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: May 15, 2023, 07:40:43 PM
Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

This is Unfair comperison both are different entities in the financial and sector and by their mean of definition. Still in your views my words are..

Their Strategy seems to be the same but it's not the same in fact. Understand Whales accumulate and they show patience and then they never sell all it to like getting fixed interests their profits are way bigger than the Fixed APY's, Also Banks are the institutes that have many sources to generate money but the whales are fully dependent on the market. Banks had nothing to do with the market and its circulation circle but on the same point Whale's whole investment results are dependent on the market and circulation.

-Banks Earn by:

  • Intrests
  • Transection Fees
  • Imposing different Policies / Investments
  • Service Fees

-Whales Earn by:

  • Investment returns
  • Trading
  • Staking


1837  Economy / Trading Discussion / Re: Can copy trading be profitable on: May 15, 2023, 07:18:08 PM
Hahahaha, Op has $2K and he is talking abut making just 20$ out of it I would say you are a failed trader if you cant make a 5% to 10% a week with your trading strategies, on such cases, you need to upgrade your understanding with the market and learn more.

Answering the Op's Question Copy trading can be good but I think students should avoid it if you have a lot of money to spend then you can try it out because if you follow a good person who really understands the market you can make some good profits by doing nothing. Watch out it is a lot of risk because you are handing over your money to an unknown guy. I am living in Pakistan and here a crypto public figure Waqar Zaka is followed by may students they tried copy trading with him and as I said it risky more risky then you think. He took some wrong trades in the Volatile market and all of the students lost their funds he said he didn't force them and that right too but its smelled of manipulation. His clarification was too odd.
1838  Bitcoin / Bitcoin Discussion / Re: How to know a good bitcoin investors! on: May 15, 2023, 07:11:14 PM
Copied That!

I know we don't need to feel shy if someone is sharing useful information but I think these types of topics should not be created as most of the users already know. Anyway If good investor is getting discussed then I would like to ay most of the users should understand that a good investors never Invest All in one (Asset) or All in Once (Time). I am interested in discussing the Investing startigies in Bitcoin but this is not related to the Forum section (Bitcoin Discussion).

Good investors know exactly how he needs to execute their plan and most important, he knows their own limit and by that, they won't fall to excessively investing lots of money which will gonna lead him to also lose his funds for his essential needs. Most of the time they have multiple sources of income so they don't really need to worry about the money that they gonna put there for a long time. Also, people that have quit their bad habits to spend money in bitcoins instead are also worthy to be called good investors because they are killing two birds with one stone.

I am trying to understand these two birds who exactly they and how investing an be bad habit Please explain dear member. Except to that I totally agree with your thoughts about an investor.

1839  Local / Other languages/locations / Re: Pakistan on: May 15, 2023, 06:47:08 PM
Merit Analysis Top Sender, Receivers & Send to Receive Ratio
by: Hamza2424 (April)

Asslam o Alikum Dear community,
So here we are actively again with a topic to discuss , merit shared in April. So first of all jo total number ha so quite impressive ha s always 200+ even close to 250 to yaha paar to koi tension wali baat nai ha.


Next moving on Send to Receive to yahan paar receiving ma saabs e zayda SR members + Full members feed ho rehe reason their numbers and i am quite impressed with their numbers as they are consuming alomt 80% of the total haha. Baqi app details dekh lo yahan paar apko pata chal jaye gaa. Systema chaa jaa raha overall all we need is more members. So top senders ma bi ye due to transfer rates oper hi hain baqi Legendary hame just Shahzadafzal bhai so 4 merits only recived ye gaalt baat ha wessy. Baqi Heros ma achii distibution ha as compare to their numbers. jahan 25% to main khud consume akr raha haha  Grin Grin.


Next moving on to the top senders as always Shahzadafzal is on the top with a fewer merits shared reason not sure but still 39 is decent number oske baad i am shocked Shan85 and its obvious as well one of top consumers hain ye last month ka too one of top sender bi honne chaiye its good ka wo merit ko achee se utilize kar rehe. Baqi Yahan paar to Kuch members lacking (Down grade) hain as Fiasal2202 wo top 5 ma the even in top 3 now in the end.


So now top consumers ma Galadiator is on the top and he ranked up as well so congragulations Again if i havent said him but i am sure i did. Next app lsit dekh loo yahan paar maximum merits jo hain woo hamre Full members ko hi mille howe hain which is obvious as well.


That's it, I did my best to make it visually pleasing as using different colors and its ahrd to choose as well, Baqi Allah pak hamari COmmunity par Raham farmayee yahan par logon ko Allah pak apne Hifzo Amaan ma rakhe. Omeed ha koi progress nazar aye gii in this rally. Baqi i am trying ka kuch mere dost + Unimates jo ka crypto ma intrested hain wo yaha n zaror ain it will boost our education baseline and community as well.
1840  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2023, 11:34:25 AM
Some people seem to think inflation in the UK is not high enough.  Roll Eyes


Ministers call for immigration and UK food prices to increase
https://uk.yahoo.com/news/ministers-call-immigration-uk-food-050017466.html

A few Words Enough for them

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