I would never mix friendship with business, because not only do you risk losing money, but also maybe a good friend. Money is something that can corrupt people and make them behave completely irrationally, and probably each of us has noticed this at least once in our lives.
However, what is perhaps most important is that you protect yourself in every business and do not let someone trick you and destroy everything you have created over the years. However, if this happens in spite of everything, it will be much easier for you if it was done by a business partner who is also not your friend. Money is always around us, and how many good friends do you have in your life?
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youtube suggested me this video about how scammers made billions of $ by scamming people, telling about trading...
As long as there are naive people (and there are millions of them), scammers will do what they do best and make millions, or as your yt video claims billions, and I'm surprised they didn't use a stronger term, say trillions. People who use social networks and various apps to communicate with complete strangers and give them money at the same time deserve nothing more than to learn the hard way. Have you ever wondered why yt is offering that video to you? They obviously know a lot more about you than you realize...
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I found the most valuable lesson that the wallet is an object that is important in storing bitcoins. Wallet security is very valuable even though once there is a wallet, bitcoins don't fill up automatically without buying and/or in other ways. ~snip~
Technically, we can say that there are several types of wallets, and they could be divided into three categories: desktop, mobile and hardware wallets. What is perhaps even more important is that most of these wallets enable non-custodial storage of key data (private keys) that actually serve us to access Bitcoin, which is always on the blockchain. Regarding security, many will say that hardware wallets are the most secure, but none of them are resistant to human stupidity and ignorance. As for the statement "bitcoins don't fill up automatically", you are absolutely right, and if you understand it in the right way, you will be able to avoid every scam that claims otherwise.
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Well, as far as I am concerned Bitcoin will probably hit $35k in 2-3 weeks. ~snip~
Do you have any special reason to believe in a price jump of even 30% in less than one month? I'm not saying that there is no possibility of this happening, but I see only bad news on the horizon, whether it's about the US or the EU, not to mention that the war in the east of Europe will soon enter a very critical phase because a massive offensive is being prepared by the Ukrainians. Anyway, this year should be in a positive sign when it comes to economic recovery at the global level. I do not believe that the price of Bitcoin will deviate too much from these trends, and the additional tailwind can only be a few more banks that will experience a collapse - because maybe that is the reason why we have witnessed an increase in the price of BTC of almost 100% in a relatively short period of time.
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Germany is a country that holds a special place in my heart as my dream destination. However, my enthusiasm is dampened by concerns about racism. ~snip~
If that's the only problem for you, then you don't need to worry too much, because most Germans are tolerant people and don't have a bad attitude towards foreigners who are extremely important for their economy. In my opinion, the problem is much bigger in that those who came to Germany actually behave in a very inappropriate way and do not respect people or their culture, which is in a way racist. You only need to look at the data on the increase in crime, attacks, especially rape in Germany after 2016, so don't be surprised that part of the German public has completely legitimate defensive attitudes.
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I miss the opportunity in 2014 because I feel it was a scam...
Even if you consider that moment a missed opportunity, ask yourself what could happen at any moment from 2014 onwards. There are a lot of people who "took the opportunity" but did not "profit" from it for various reasons, whether it was that they sold too early, or they lost access to what they invested in. If you take that into account, then there was a high probability that your story would have only one addition that would fit in one sentence "I bought Bitcoin in 2014 and sold it in 201x".
I must buy bitcoin today, I really don't know if someone else is experiencing the same thing out there?
To me, that is completely wrong and illogical thinking, literally as if someone is forcing you to do it, and it is and should be a matter of personal choice. I know that I have to die one day, and I am absolutely sure that I have no choice in that regard, and everything else has an alternative.
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I have an unboxed nano x device. It will take some experience and education not to fall into any traps, as is the case with any other form of online payment. Not all traps are obvious.
Perhaps it is best to leave it in the box, at least for some time until you understand what you have actually bought - otherwise you will be in for some possibly unpleasant surprises. Buying such a device is only the beginning in the effort to get additional security for outgoing and incoming transactions, because every action on the device needs to be confirmed by pressing a physical button, and no malware/virus has yet managed to appear in physical form and do it instead of you. There seem to be some forum members who like to label the less tech savvy users stupid for not having experience with ledger.
It is not a question of how technically aware someone is, but whether or not he adopts the knowledge provided to him. After everything that many members wrote to you in the previous thread, you still try to portray the weak points of people as the weak points of some device. Any similar device can be technically almost perfect, but in the wrong hands and with the wrong understanding, it is actually worth nothing. They seem to get more creative. This video here is about a crypto millionaire who lost a significant amount of coins because of address poisoning, recently. Apparently scammers can get a hold of the latest addresses you have sent funds to.
A classic example of a person who does something without being aware of how to use the device correctly, which would mean that he should only read the basic instructions, which boils down to always checking the coin address to which you send or receive a transaction. Being a "crypto millionaire" does not necessarily mean being smart, as this example clearly shows.
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The majority of us missed the boat when Bitcoin was cheap, and now acquiring a whole coin isn't affordable anymore. The average wage in Greece is approximately €800 (about €10,000 per year), while Bitcoin's price is at $27,500 as we speak (about €25,000), which means that I will need 2.5 years to acquire the requested amount of money, in the condition of not spending a single Euro, without taking into account any price increases. Thus, purchasing a whole coin would effectively require up to 6 or even 7 years for the average person in Greece.
Regardless of the fact that you've missed some opportunities in the past, trust me it's not too late to own 1 BTC one day, but only if you're ready to embark on that journey today. Of course, that would require a little (perhaps a lot) sacrifice and maybe another job on the side and a good investment strategy. Whether it's classic DCA, accumulating fiat and waiting for a big crash or selling your BTC on the way to ATH and then reinvesting in it at several times lower prices. Let's say that the next ATH will happen sometime in the second half of next year and that the price of 1 BTC will be x5 from today, which would mean somewhere around $150k and that you have around 0.25 BTC to sell, which would bring in around $37k. If you consider that the correction that follows the ATH usually wipes out about 70% or more of the value of BTC, for the money you got selling 0.25 BTC you could buy a whole one or at least close to it. It's not high math or anything like that, but at least it's something worth thinking about when looking at historical data related to Bitcoin ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Yes, all types of investments have a big risk of losing money, but if we have the soul of an investor and are able to invest for the long term then investing in tokens like BTC and ETH will provide greater profits even though there are no guarantees. We can do research that the two tokens do indeed experience significant price drops, but when the time comes, the increases always exceed the highest ATH before.
I would avoid calling Bitcoin a token, and even less would I put it in the same sentence as ETH in some positive context. Bitcoin is the first and unique decentralized cryptocurrency, everything else, including the altcoin you mention, is a highly centralized, non-transparent and private version of something that its owner presents as something better than Bitcoin. FUN token makes sense in combination with Premium membership because it brings certain benefits and that's the only way I would consider it as an investment.
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What countries do you get less then $10 for a full month work 2023?
Venezuela is often mentioned in this context, but even if it is a monthly salary of only $50, every extra $ that someone can earn "online" is really of great help to people living in third world countries.
I agree but the chance that you win 200$ is very very slim. It doesn't take much time to do the freerolls and lets not forget that what today is maybe worth 0.002$ can become 0.02$ or even higher. If you only collect RP for free rolls, it will take years before you reach the 100,000 RP mark but it is a nice extra.
It's simply a lottery, but unlike a physical ticket that you buy in your country and hope for a big win, freebitco still gives a prize for each free roll. I agree that some people need a lot of time to get to the point where they can make a withdrawal or profit from RP, but if we find a couple of good referrals, the situation can change significantly in our favor.
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Even better than that, why not hand over your dirty bitcoin to the government, and the government will hand you back the same value in squeaky clean CBDC! Perhaps Wasabi could implement this feature directly for any UTXO their blockchain analysis buddies tell them is "tainted". ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I hope they don't read this forum (of course they do), so such an idea will not occur to them - although I am convinced that the service of "washing tainted coins by the government/central bank" would not come for free, but with at least a 10% fee. When we think about it, maybe CEX will think of something similar, so when there is already a withdrawal/service fee, maybe they will add some kind of "clean your coins fee" which would actually be some kind of centralized coin mixer ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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The OP is some kind of FED troll, because he is so deeply involved in them that he can't see anything else, and that's why he writes the same nonsense every week. There is nothing important in this thread, especially compared to everything that the OP has been posting in the last few weeks. Hello everyone. As you can see, bitcoin is going down and I believe that it will keep falling. As I explained in my last posts, this Bitcoin rise wasn't sustainable. There are literally no reasons for Bitcoin to go up now.
So I want to remain you guys again that right now is not the time to buy bitcoin. Inflation is still high, interest rates are still getting higher, FED is not planning to stop any time soon, and the economy is suffering. All these reasons won't let Bitcoin rise from the ashes YET. But I believe we will see the end of it this year, probably in Q4.
So I recommend holding on to your cash/stablecoins right now and waiting for the signals to buy Bitcoin. And as always, the best signals to look for: FED start cutting rates. When this will happen, it will mean that economy will start recovering soon so it's a great time to buy anything you want before crypto and the stock market will go up.
Have a nice day and take care.
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I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?
Well, it's not like you're a beginner who should be asking these kinds of questions, right? If you haven't invested anything in Bitcoin since 2021 (and you were a member of this forum then), then I would say that you are already quite late if we look exclusively from the angle of the profit you could have already made. Be persistent and patient, some still claim that the price will go below $15k, the only question is whether you want to believe it...
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Absolutely. As I've said many times before, it's only a matter of time before every satoshi in active circulation can be linked to some malicious activity somewhere in its past. It is already a completely arbitrary decision on behalf of blockchain analysis firms as to how far back they choose to look, and therefore how likely Wasabi are to censor perfectly innocent users.
As absurd as this method may seem, I have no doubt that it will be used in the fight against Bitcoin when some other agendas no longer make sense. All coins will be marked as tainted at some point, and we know who will wash them and return them to the market - the same ones who do it today. Maybe they could do the same with their currency, because some say that most US dollar bills have traces of some drug on them, so why not withdraw all the dirty bills and clean them...
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~snip~
Free rolls are not something that someone can get rich on, but there is always a chance to win $200 or some other slightly bigger winnings than those initial 7 satoshis (more or less depending on the BTC price). For some, even that $1.44 per hour would be a very good salary, because in some countries people work a whole month for less than $10. As you say, you collect a few more things in each free roll, and each 1 reward point can be exchanged for 1 satoshi when you collect 100 000 of them.
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Yes, that is, I think China is trying to pull the rug out from under the feet of the United States, which is waging a war on crypto. This is a great opportunity for the Chinese government, the great competitor of the American economy. ~snip~
How much will China profit if they take over everything that is in the US today and is connected to cryptocurrencies? The entire market cap is just over $1 trillion, not taking into account that this is a poor measure of value considering how easily these numbers can be manipulated. Consider that China's GDP for 2022 was about $18 trillion, and for the next one it is predicted to be about $19+ trillion - so tell me where do you see this as an opportunity for the Chinese government? It's really strange how some people (and there are a lot of them) have completely wrong impressions about China and want China to go back to "crypto" as if that would be a good thing.
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The most reason why exchange seize user's asset is not being verify account, which is the most policy for many exchange, which everyone has to verify account as know your customer (KYC) before funding.
That's just one of the reasons, but what about all those who did KYC, and then it happens to them? They (CEX) simply do not have to tell you the reason why they blocked you or why they froze your funds. In my opinion, what causes the most problems for users are automated detection systems that have an excessive rate of false detections, and then the people who check these reports have to "manually" check it all. In other words, it looks like a fisherman throws a hook into a shoal of fish looking for a specific one, and in most cases he hooks one he doesn't want. CEXs unfortunately catch too many "fish" that should not be on the hook.
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~snip~ Seems like way too many are concerned more about the price and the gain in $ than realizing Bitcoin will work as intended by Satoshi even at $100 or $100k. I remember Bitcoin being called "A Peer-to-Peer Electronic Cash System" not a quadruple your money every cycle earning scheme.
Let's be honest and say that maybe 1% or at best 2% of those who own Bitcoin understand why Bitcoin exists at all, and even not all of them use it at least occasionally as a currency. The price has become almost the only important factor that is discussed, and as the next halving approaches, the question posed by the OP is more and more relevant. It would be really interesting to see what would happen if, after the next halving in 2024, there is no new ATH - the headlines would probably be screaming "Bitcoin is finally dead" from all the front pages. Angry masses of investors would curse Satoshi and fire up mining machines, some new new/old shitcoin would declare itself crypto king, and Mr. Mars would finally set off on his super rocket and disappear somewhere halfway to Mars...
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Bitcoin was mentioned in the series Ray Donovan -S7E9 Wait, wait-- help me out here.
Gimme something to convince him.
How much do we lose, uh, convertin' it to cash?
Will you take Bitcoin?
What the fuck is that?
[small laugh] You want old-fashioned cash
and you want to keep this deal quiet,
I can get you 65, 75 million.
- Minus my 20 percent. - Whoa!
That's a big haircut, Frankie.
You don't like it, put your shit on eBay.
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The truth is that CEX (centralized exchanges) can do whatever they want with your account and that in most cases, an ordinary user cannot do anything to change it. Those few who can afford a lawyer and engage in a court process can expect an expensive and protracted battle, and we know that the small ones have a hard time winning the big ones.
Because of all this, using CEX is even riskier, because it is not only a matter of possible hacking, phishing or theft of your personal data, but also the possibility of losing your funds at any moment, without any explanation.
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