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2101  Bitcoin / Bitcoin Discussion / Re: Quoting sales prices in Bitcoin on: March 25, 2023, 12:47:49 PM
Accepting Bitcoin to make international digital payments is an excellent option as there is no shipping service or the need to pay a lot of fees for financial services or wait for several days before bank transactions are settled.
I don't know why sellers don't accept it, but the choice of digital products, Bitcoin is the best (perhaps not so with physical products)

Generally what is a domain that costs more than 10K USD.
2102  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DAI and USDC depegged! on: March 25, 2023, 12:40:23 PM
Am I the only one who sees USDT as a Trojan horse that is used to inflate a lot of projects and then dump them all at once?
The problem does not lie in disengagement, but rather in providing liquidity. Personally, I prefer using Dai, but they must diversify their investment basket.
Stablecoins are not investment tools and should not be held outside the platform or for long-term investment.
2103  Economy / Speculation / Re: INSTEAD OF CRASHING BITCOIN RALLIED. on: March 25, 2023, 11:40:36 AM
On March 10 2023 when silicon Valley Bank collapse and the subsequent failure of two others in silver Gate capital and signature bank, many had feard bitcoin would go dip, but rather, in this turmoil bitcoin have performed incredibly well,  already rallied around 70% this year. And for me this is an evidence that bitcoin is  offering an alternative to the traditional banking system as a place for people to keep their money safe. And one can say that this year with the current  activities happening in the banking sector,we might just see bitcoin getting to its previous high of nearly 69000k,and iven surpass it to have a record high..
I don't know, but your attempt to link or establish a relationship seems weak. There may be an indirect link to the Fed's pumping of liquidity into the markets, but there is no guarantee that that liquidity has been pumped into Bitcoin.

As for the reason, does Bitcoin need a reason to rise by 70%, especially since we have been at the bottom for a long time.
What is happening in the banking sector does not mean that the money in it will go to Bitcoin, as when panic prevails, the average investor does not go to high-risk investments.
2104  Other / Meta / Re: Links should open in a new tab - Target="_blank" on: March 25, 2023, 11:28:21 AM
That way it would open links in a new tab, and I promise this will be something good for the forum and it will increase the traffic, and I don't mean more visitors, I mean the people will spend more time on the site because each time they get redirected to another site is like lose a customer, but that doesn't happen if links open in a new tab.
It can be done from the browser settings easily, but the biggest problem remains in browsing from the phone.
Unfortunately, it is very annoying and clicking on it is difficult.

@theymos
I think we need a topic that brings together all urgent updates with their codes, so the process of adding them should be faster.
2105  Economy / Speculation / Re: 23 March 2023: SEC issues official warning to crypto investors on: March 25, 2023, 10:59:32 AM
I am inclined towards mikeywith's point of view, which he had mentioned in a post cant remember  Huh Huh.
In short, the war started by the SEC aims to end any link between digital currencies and banking systems, and thus drain them of liquidity sources that come from stablecoin or from guaranteeing depositors’ funds in dollars, and thus keep these currencies hostage to supply and demand in the peer-to-peer trading markets, which makes them more vulnerable to price fluctuations and less in value. growth and expansion.

it is the time when the free money will end, and therefore 99% of cryptocurrencies will not survive, and hence this warning makes sense.
It remains for Bitcoin to either succeed and thus increase the market capacity to more than a trillion dollars, including the beginning of a real organization as a new financial party, or the fluctuation that will drive many investors out of the market.
2106  Economy / Service Discussion / Re: Wallets belonging to both Blender and Sinbad are identified in Elliptic’s soluti on: March 25, 2023, 10:27:13 AM
I see that @LeGaulois has presented a lot of strong arguments, and many articles on the Internet[1] can explain that there is a link between the site, but the big question remains, how were they able to seize the domain while it works in Russia or is linked to North Korea?
In general, it does not seem that Mixer is great for the US government to move, but if it does, restrictions may be placed on it quickly, especially since they are working on cloudflare.
[1] Sanctioned Mixer Blender Re-Launched as Sinbad
2107  Economy / Economics / Re: Effects of Cryptocurrency Adoption on: March 25, 2023, 10:13:33 AM
How can we verify the accuracy of this data because I have not seen many projects that come from Vietnam or are related to Vietnam, most of them are from the United States, where I believe that the percentage of American projects is much higher than Vietnam.

In general, the real impact must be in changing individuals or at least developing their lives and seeing how Bitcoin can make a change, even a small one, in the standard of living of individuals, which is something we are seeing now in Nigeria, where there are many posts in the forum on people whose lives have improved from the use of Bitcoin.
2108  Other / Politics & Society / Re: There's a new table has been built and U.S does not have a seat at it. on: March 25, 2023, 09:57:16 AM
I do not think that these analyzes are correct, because the United States is the one that provides protection to Saudi Arabia, and China will not be able to do that, which means that Saudi Arabia needs the United States.

The problem of the United States is that it sees the Saudis as if they were only an oil source and not a strategic partner. There is also a fear, after what happened in the recent crisis, that the American army may not move if any aggression takes place against the Kingdom of Saudi Arabia. Therefore, Saudi Arabia is trying to pressure the United States to make concessions and make promises. That China may be an alternative option if the United States does not respond to that pressure.

The ball is now in the court of the American administration, either to improve its dealings with the Saudi administration, or that these steps may be translated into serious endeavors.

China hopes for a strong alliance with Saudi Arabia to provide oil resources and guarantee the Silk Road[1].

[1] China's $900 billion New Silk Road. What you need to know
2109  Bitcoin / Hardware wallets / Re: Guy buys Ledger on Amazon... his crypto gets stolen... on: March 24, 2023, 11:07:36 AM
So far, the video has not proven that there is a real problem related to using Ledger or ordering from Amazon, but rather to increase the user's awareness of the need to verify the authenticity of the seller, the device, and not to click on links randomly, which are important tips for everyone who intends to invest, otherwise you risk losing your money because your laziness.
2110  Economy / Trading Discussion / Re: Does a Morning Routine have any Effect as a Day Trader? on: March 24, 2023, 10:59:15 AM
Trading should not affect the rest of your day or be active, otherwise you will consider it negative income that requires your presence, and if it is negative income, it is better to stop it because it means that you are spending time and may not get a positive return from it.
In theory, trading is supposed to be an income-generating activity in the long run, so that there are successful and failed deals, and the outcome is success.

As for me, I rarely trade, mostly DCA>
2111  Economy / Service Announcements / Re: [ANN] Im happy to announce the official launch of PNNV.com on: March 24, 2023, 10:49:56 AM
We do have a support for satoshis.
It is better to give an explanation of the smaller units of bitcoin so that it is not misleading.
Are there plans to make the code open source and thus help you in development and for everyone to host the site himself if any problem occurs.


Oh, nice. From my experience a few years ago, some wallets used uBTC as a unit for 100 satoshis (0.000001 BTC), so I got confused. I should have tried first. Cheesy
There are some units smaller than the satoshi that we are beginning to see in the Lightning Network. The matter will be complicated in the future if the price of bitcoin exceeds 100K.
2112  Economy / Economics / Re: Naira to dollar is becoming too high. on: March 24, 2023, 09:54:26 AM
It is not possible to put a single reason for inflation or the devaluation of the currency against a basket of currencies, as inflation has several causes, some of which may be political, but it reflects the state's management of the financial crisis and how money is printed.
Therefore, the solution can be found in knowing the cause and whether inflation is transient or is it the result of wrong policies that must be modified.

I think posting in the local board would be better as they would have a detailed knowledge of what is happening in Nigeria.
2113  Bitcoin / Bitcoin Discussion / Re: Do you feel bad while paying with BTC? on: March 24, 2023, 09:12:23 AM
This fear includes all people who trade in assets, they always believe that their asset will increase in value and therefore it is better to wait, but this thing is not accurate as the price can increase or decrease.

To break this barrier, start trading, then you will know that the value lies in waiting for a long time, but during the short term you can make profits by buying and selling, for example, selling Bitcoin at a price of 60K and buying at a price of 17K.

Without that, you will not enjoy the money and you will sell it in a fit of panic or when you need that money in an emergency.
2114  Economy / Speculation / Re: Bitcoin price and my mindset on: March 24, 2023, 09:04:36 AM
Compared to what happened with the year 2018, the current situation is in which the price of bitcoin is above average, as 2021 ATH less than 70K. We are now not far from half of that peak.

Perhaps the confusion in the monetary policies is what pushed the price to rise in this way, and therefore we will retest the resistance level at 30K several times before it is broken during the next month and a half, but as I mentioned, the situation is abnormal, which makes all scenarios open.
2115  Economy / Economics / Re: Why didn't the fed buy back SVB's bonds? on: March 24, 2023, 08:49:11 AM
A lot of people were suggesting on other sites that SVB collapsed because a lot of money was held in government bonds and was hard to liquidate because of the rise in interest rates. If that was the case, why was there no facility for the bonds to just be bought back and instead the bank had to collapse into a bigger one that could make more profit from it (or have a greater burden themselves).
It is possible to liquidate it at a loss, but the problem was in the attacks of depositors’ requests to withdraw their money, it is 42 billion in one day, and most of the treasury certificates can be liquidated, but at a discount because the return from them is low compared to the return from the certificates that were issued after raising interest rates, so it must To give the buyer a discount, otherwise it will not be sold (for example, certificates worth $1000 must be sold at $900)

As for why the government did not intervene, its direct intervention means light to all bank boards of directors to create chaos as they wish, and the government will solve all their problems.
Roughly the same problem occurred in China with Evergrande[1]


[1] https://www.bbc.com/news/business-58579833
2116  Economy / Exchanges / Re: Warning about OKX exchange: Funds held hostage, withdrawals disabled without not on: March 24, 2023, 08:37:47 AM
My mind tells me that they are in a hurry due to certain regulatory pressures even if they have to risk losing some users, the threat may be strong enough to end the service. Idk


1. https://t.me/okxofficial_english/1/4905143
Unfortunately, this is the way by which KYC applied in Binance. Since this announcement and about 6 months later, KYC (l3) was mandatory for everyone, so I believe that this platform is moving in the same direction.

Probably I may be moving fully to Kucoin, I just do not know. From Binance to OKX, now from OKX to Kucoin, the more the KYC regulation.
Kucoin has some legal issues that may lead them to enforce identity verification[1].


[1] New York Attorney General Sues KuCoin
2117  Alternate cryptocurrencies / Altcoin Discussion / Re: How do we build a strong community of supporters for crypto projects ? on: March 23, 2023, 02:13:45 PM
If an altcoin is something of value, with a limited supply and the developers have no control over it because they are the developers or because they have a large volume of all tokens with constant updating and healthy growth then you will see more people trying to develop that coin just like what happened with Bitcoin.
Unfortunately, most altcoins aim to make quick profits and make developers rich in a short time...

It takes time, not a matter of a week or two.
2118  Other / Beginners & Help / Re: Is Dubai a Bitcoin Friendly City? on: March 23, 2023, 02:00:52 PM
Most of your questions are legal, and it is wrong to ask them here, as all the opinions above are personal opinions, far from legal advice.
In Dubai there are a lot of legal advice offices and in the free zone they can ask them to give you more details.
There is a platform called Rain[1] that you can use to buy and sell.

Buying and selling bitcoins is allowed in free zones, but if you fail to prove the source of the funds, you may be charged with the money laundering and combating illegal wealth law, and its penalty ranges from 5 to 20 years, so be careful.

[1] https://www.rain.com/
2119  Economy / Speculation / Re: BitMEX Founder Arthur Hayes Predicts Bitcoin To Reach $1 Million Within 2-3 Year on: March 23, 2023, 01:51:02 PM
Such comments are like (I say statements, therefore I am present), it is just a media hype to be hosted on one of the channels and ask him why you think the price of bitcoin will rise, including a lot of nonsense to prove that point of view.

It is difficult for us to reach the price of $100,000 over the next three years, let alone half a million to a million.
His words would be logical if he said in the next 20 years or 30 years, but the basis of this statement is to create an uproar.
2120  Economy / Service Discussion / Re: Deflation in signature campaigns on: March 23, 2023, 01:14:31 PM

Also i remember that in the past Campaigns used to play in bitcoin without calculating its dollar value, but ever since the bitcoin price has raised, campaigns will pay in term of dollar value, the equivalent bitcoin.
The issue differs in different countries. For example, in some countries, obtaining an income of $100 represents wealth, and among them, participating in signature campaigns as a primary source of income may be better than going to work in order to obtain $100 per month.
Not to mention the ease of joining signature campaigns with more than one account, and thus greed will increase.
So far, I have not calculated the return on long-term investment if that money is not spent.

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