Bounty Hunters Don't ReadThis thread Explains itHowever, won't be surprised to see another application below lol They refuse to read the thread very well and understand the rules They are very much in a haste to earn and that is why they earn up being scammed. They sheepishly follow existing application They refuse to doubt when it sounds too good to be true ***** Just imagine application kept coming in, in an April Fool's Thread. Are these applications from bots... You are right that many participants in bounty companies do not study the information enough and very often it turns out that this company was a fraud. What you showed really looks very strange and has signs of deception. But I do not think that the bounty participants should be blamed, since they are only hired workers and some of them simply have no experience. On the other hand, there is the fraudster himself, namely the one who posted information about a particular company. Probably, in order to identify fraudsters, you need to audit this company and only then allow it to be shown to the community. As for the bounty participants themselves, I can compare them with cryptocurrency investors who also very often just buy shit coins and also then lose money.
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The rise in the price of BTC in 2021 showed that it is very dangerous to play short, as the price shows a new peak each time. I believe that this situation will last until the end of the year and the price of BTC can grow very high. Of course, there are also small price corrections, but if you short in the long term, then you are doomed to fail. For traders, the situation in the market is now very dangerous, since the price of BTC is now very unstable and its fluctuations are very high. Personally, I have decided now to just hold my BTC roughly until the end of 2021.
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I am starting to believe that Satoshi created Bitcoin for what’s coming next, or might come next. Because of the COVID-19 pandemic, I’m not sure about the rest of the countries, but the United Stated Federal Reserve prrrrinted inordinate amounts of U.S. Dollars to stimulate the economy, with plans to print trillions more under President Biden. All the prrrrinting and a falling GDP MIGHT be the seeds for the worst situation of an Economic Crisis. HYPERINFLATION.
Bitcoin has been criticized as a medium “for speculation”. Big test. Is it just merely “for speculation”, or an actual “safe haven”? Will Bitcoin crash together with the rest of the economy, or will everyone run to it as a Store of Value?
I believe that there is a strong possibility that Bitcoin was created to solve the problems associated with the dollar. In other words, the dollar has already been printed a lot and this will only continue, which sooner or later will lead, as you already mentioned, to hyperinflation. If this happens, then many people and companies will simply lose their funds. BTC gives you a chance to preserve your savings and assets, but it is just one of the assets that can be used in anticipation of this. If you decide to transfer all your funds to BTC, then do not forget about risk diversification and better distribute your funds into different assets.
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The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?
The next short term target is $60000. For now, next target is new ATH.
BITCOIN is for Hodlers Not for weak hands (I had read it somewhere, can't remember right now)
You're right, Bitcoin really isn't for weak hands. To be honest, I myself hold back very hard so as not to sell my BTC, but I understand that the game is worth the candle and I need to fight to the end. 2021 is definitely the year of growth of the crypto market and BTC, and if you want to get the maximum profit, then you need to defend your crypto to the end. Now we see big players playing with the price of crypto by forcing weak hands to sell their BTC. So really BTC is not for weak hands.
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If large companies are buying ETH, then they probably know something. Of course, an active purchase of ETH does not mean that its price can rise very high, since everything can end with simple manipulation in the market, but it can also be a signal that the price of ETH will continue to rise and may show another upward spurt by the end of 2021. I like ETH and I always hold a certain portion of ETH, as I believe that this crypto asset has not yet reached its full potential.
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I was initially introduced to Ethereum and still believe that ETH is better than BSC. The fact is that Ethereum appeared much earlier than BSC and Binance itself, and everything that Binance now has, it owes to Ethereum, because it all started with it. The fact that ETH is now experiencing problems with network load and high fees for commissions really spoils Ethereum's reputation and many crypto platforms and companies are now switching to other blockchain platforms, including Binance Smart Chain. However, Ethereum is currently working on updates and there is every chance that the network problems will be resolved and then Ethereum will regain its position. But no matter how it was for me personally, ETH remains better than BSC, especially since BSC has just begun its journey and it will be seen further how good and popular it is among the crypto community.
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As far as I understand, BTC was invented for the free market, which means that BTC should not have restrictions on its use and its state. And so if we are talking about a free market, then the price of BTC should be volatile, because in the free market there are both ordinary traders and speculators who, in turn, play with the price. Whether it is good or bad, everyone decides for himself, but if we say that this is bad, then BTC needs regulation, with the help of which the price of BTC can be stabilized. I believe that volatility is good for BTC at the moment, as it gives everyone the opportunity to earn money.
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Is bitcoin for speculation only? or it is really useful in our daily life? just curious.. What product can we buy by using bitcoin only... how many Merchant accepting bitcoin? is it a huge number? what do you think?
I believe that at the moment BTC is an asset with the ability to earn money, as well as with manipulative properties. Regarding the purchase of goods for BTC, despite everything, there are problems. For example, the transaction speed, although faster than in banks, is not sufficient to instantly pay for the goods. I'm talking about the BTC network right now. High commissions also make it impossible to buy simple goods for BTC, since the commission will cost many times more than the product itself. All this hinders the development of BTC in terms of accepting it as a means for settlements. When it comes to manipulation, BTC is good for this, and also good for transferring large amounts, but this is a privilege only for the rich. For us, BTC remains as an asset on which you can make money by buying it cheaper and selling it at a higher price.
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##PROOF OF AUTHENTICATION## Bitcointalk Username: ven7net My Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1099340Telegram Username: @venbusiness Campaign: Twiter, Telegram, Content Twitter Spreadsheet: #319 Telegram Spreadsheet: #208 Content Spreadsheet: # My BEP-20 wallet: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53
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You're right! If the news that BTC is being bought is really good and we can see it now. Buying BTC by large state-owned companies can send the price of BTC to the moon. Yet 2021 is the year of growth for crypto and BTC, and it is likely in 2021 that we will see a big rise in prices for BTC and other cryptocurrencies.
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$1500? $1400? Surely at some point you guys will want to get out until things settle down, right? Thanks.
Probably such thoughts are visited by people who have no experience in the crypto market. And the situation is such that now the ETH price is going down so that large players buy. From this we conclude that ETH needs to be held, and possibly even purchased, since the future ATH for ETH is still ahead. Personally, I continue to hold on to a portion of ETH, hoping to see its maximum price by the end of 2021.
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I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.
1. Only invest 1% of portfolio 2. Take out initial stake after 3x gain 3. What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.
It is very important for me to have a strategy when investing in altcoins, as well as have a clear goal. My strategy is to choose a promising altcoin that has a potential for growth. Next, I calculate its probable future value and mark the price at which I will be ready to sell this crypto asset. Then I wait for the price to rise and sell. In doing so, I adhere to the standard investor rules and try to invest as much as I am willing to lose. I also know about the risks and this allows me to react to the purchase or sale of a crypto asset on time, which allows me not to lose, but to be always in profit.
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