Bitcoin Forum
June 23, 2024, 04:29:43 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 [116] 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 ... 809 »
2301  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 08, 2022, 09:21:09 AM
We may not have the idea if it's the bottom but you should get a reference to say that you consider it as a bottom. Like if you've witnessed the last year's ATH then we're actually in the bottom now. But if you're going to refer to the bottom of 2018 then we're not yet in the bottom of it because the lowest during that year was around $3k. However, do you think that it's going to reach back at that low? Many don't think so, and that's why we're telling to buy the dip and there's the idea of what you must do. Because when we reach back to the top again, most people that didn't followed the advise will say that they should have bought it when it was at the bottom. As for your guidance, if you want to buy at the bottom, start from buying today but mix it with the strategy of DCA.

From my perspective, you seem to be quite unrealistic tabas to be referring to the possibility of a bottom that is similar to 2018 - $3k-ish...

Another thing, is that last year and even through a large portion of this year (until about May 2022), there were a lot of folks who considered the 200-week moving average to be quite unlikely to be reached within the next 3-6 months.. which was then at about $22k.... and also historically, the BTC price had not gone below the 200-week moving average for very long periods of time, and now the 200-week moving average is around $24k and we had already hit $15,479 - about 2.5 weeks ago.

Yes.,,. the BTC price could go lower..

while at the same time... ... yes, we are at historically low BTC prices that are quite a bit lower than places that they had previously been...

Everyone is responsible to their own buying including how much to buy how to structure their buys and even whether to buy or to wait for lower prices that may or may not end up happening.

Of course, your punchline and my punchline are the same... which is to start buying today.. and especially for low coiners or no coiners to get started and to figure out some kind of a plan .. but we also should be attempting to be realistic in regards to how to describe possible bottoms.. and $3k seems to be really detached from reality today, even though $3,124 happened in December 2018.. and also $3,850 happened in March 2020.. while at the same time.. it would take a lot of issues even to get bitcoin to go into 4 digits.. so suggesting $3k-ish seems to be quite a fantastical stretch.. ..

Another thing is that it is possible that the bottom is already in.. but personally, I believe that we are still in a bear market, so even if we are likely to recover from her.. we are still pretty close to $15,479 and we likely should not be proclaiming with confidence more than 50/50 odds that the bottom is actually in..  
I've read people who said that they're referring and waiting to that low as if the price would go back just like in 2018. I'm also bullish and only giving the thought of what I've read from those folks. Yeah, it is quite unreal but just for the sake of thought and reference, ajiz might think of it. What I think is that I'm with those people that think that the bottom was already in, we may see a very slow progress but this is essential and normal as we're still in the bear market. Although, yeah, this is a roller coaster ride at most times and predictions are predictions and it could be in or out, we'll just get to see it when it does.
2302  Alternate cryptocurrencies / Altcoin Discussion / Re: Trading Crypto With a Job.. on: December 08, 2022, 08:04:19 AM
I agree, it's not time strict and that's why you can just set buy and sell orders if you want to while you're at work or wherever you're doing busy things.
But I think, OP just want to gives us an idea about that website he's probably working on. It's his first time to post and yet included a link that I have no idea what it is and got it through and inserted in the discussion, brilliant guy.  Grin

in any case, i would suggest not to leave his job, as he has regular income from that job. trading won't give an assurance of profits. as he is still new in this market, he will suffer losses from time to time. not yet a good time to go full time. just make this trading a side job for him and if he thinks he's already gained a lot of tricks that he can make a living out of it, then try it first. but leaving the stable job is not advisable to do so.
we also don't know if he is indeed own the site but the best thing to do is not leave the job at the moment.
It's going to take time until someone who just learned how to trade to leave his current job. I've seen people that have been too overwhelmed when they've made such profits during the bull run. They're not yet experts and professionals but due to the market condition, they've made a lot and thanks to the bull run. Some of them resigned because they thought that it's going to be forever that the condition of market is good but they're wrong with that. That's the total risk there, they've been new and then witnessed the bull market and thought that it would last long.
2303  Alternate cryptocurrencies / Altcoin Discussion / Re: Trading Crypto With a Job.. on: December 07, 2022, 11:41:03 PM
Trading does not need time and can be done through bots, so there is no need for you to stay in front of the screen all day, simply you can do something else and this thing may be a full time job.
I agree, it's not time strict and that's why you can just set buy and sell orders if you want to while you're at work or wherever you're doing busy things.
But I think, OP just want to gives us an idea about that website he's probably working on. It's his first time to post and yet included a link that I have no idea what it is and got it through and inserted in the discussion, brilliant guy.  Grin
2304  Economy / Service Discussion / Re: More platforms will bite the dust? on: December 07, 2022, 10:40:54 PM


So while we are looking at the list, there could be some quite exchange out there pretending that all is good yet they are mismanaging user funds
This dude is a great pretender and talker. He literally made us believed that there's nothing much happening to FTX until CZ has opened it up and then the domino came to catch him.

Laying-off of workers is a clear indication that all is not well with a particular firm but it could also be a management strategy to reposition the company for efficiency and profit maximization. Most of these exchanges were reported to be overstaffed but the downturn of the sector is now forcing the management to maximize human resources and reduce waste. With the current problems in the crypto space it would be dangerous to keep you money not only in exchanges that layoff workers but even those that are still employing massively. It is very clear from the fall of FTX that most of these company CEOs lack financial intelligence and risk management skills.     
It happens also to non-crypto companies when they have to cut budget and constraints. And probably it has got something to do with the bear market and I guess when we're back in the bull run, they will be hiring again and needing more manpower to support their services. When they've been overstaffed, it's not a big issue to them because the value of their respective exchange tokens were quite high in value and then the bear came.
2305  Economy / Speculation / Re: Buy the DIP, and HODL! on: December 07, 2022, 09:34:10 PM
I really don't want to say it but I need the answer, you simply say Buy the Dip and sell High, to be honest, as far as I know, people who say that, they really don't know exactly and clearly the bottom price when bearish and the high price in ATH formation new. On average, those who do technical analysis and others don't know exactly where the DIP and HIGH are in a trend and only make approximations of speculation without giving a definite answer. If you have a way, please help me, maybe I will throw my old way of buying Bitcoins.
We may not have the idea if it's the bottom but you should get a reference to say that you consider it as a bottom. Like if you've witnessed the last year's ATH then we're actually in the bottom now. But if you're going to refer to the bottom of 2018 then we're not yet in the bottom of it because the lowest during that year was around $3k. However, do you think that it's going to reach back at that low? Many don't think so, and that's why we're telling to buy the dip and there's the idea of what you must do. Because when we reach back to the top again, most people that didn't followed the advise will say that they should have bought it when it was at the bottom. As for your guidance, if you want to buy at the bottom, start from buying today but mix it with the strategy of DCA.
2306  Other / Archival / Re: online lottery games on: December 07, 2022, 08:36:32 PM
I think he's desperate in knowing how the tricks to generating lottery Numbers works but let me tell you something, you have to mathematically show yourself approved to be able to win against the lottery company, one will need a data analytical skills to evaluate the numbers in respect to the previous ones, this extent to which some lucky gamblers just pick up random numbers and win is now rare because the lottery have a strong computational system backing up their roundups.
And not just that, it will require a lot of time to do tests and comparisons that will be needed to record the numbers appearing with the several test that will be made.
I don't know how long but sure it will take time if there's really the desperation of needing to look at how it generate the numbers and how they'll be able to hit the correct ones and have a high accuracy of guessing based on the statistics that they might record. Thus, just accept the fact that it is an RNG.
2307  Economy / Exchanges / Re: BINANCE CEO CALLS FTX FOUNDER ONE OF THE BIGGEST SCAMMERS IN HISTORY on: December 07, 2022, 07:36:02 PM
Well, on this one CZ is right because FTX has fallen and SBF f up with his business. While CZ and Binance is still standing up, for sure that there would be other competitors that wants him down and will sure to pull him down. Well, this is like the politics that we see at all times whether it's in crypto or not. If we change the situation and CZ was the one that has gotten down, then he'll sure to be called out as what's the shoes fit in with SBF right now. I'm not on either side but for sure with such fund and money from their users, it's just a matter on how they're handling and managing it and SBF caught misused it.
2308  Other / Politics & Society / Re: To save economy and value of money ww3 must start on: December 07, 2022, 06:36:07 PM
We've already seen a great reset through the pandemic and that has made a lot of people stumble even the average class living people got hit hard by hit. I don't want to think that much about war because it will totally do no good to most of us especially to the innocent people nearby to the battleground. There is a must that an economy must be recovered but don't think like that, there are a lot of other ways to do if it's just all about saving the economy.
2309  Economy / Gambling / Re: WINZ.IO 🚀 WELCOME BONUS: 300 FREE SPINS 🎁 CHRISTMAS CALENDAR REWARDS 🎄🎄🎄 on: December 06, 2022, 10:44:10 PM
I think if the bonus can be extended to sports betting also it will make more sense than limiting it to only slot games as that will discourage new and potential clients to the casino most especially football fans.
It's on their own prejudice whether that the same bonus will extend to sports betting. But just keep on watching out bonuses that winz is doing because you'll be heard from especially if you've been loyal to them. On the meantime, they've got an active bonus for welcoming new sports bettors and other than that, they've got more on their promotions page : https://winz.io/promotions
2310  Economy / Speculation / Re: Will Bitcoin Price Hit $23,000 in Q1 2023? on: December 06, 2022, 07:58:49 PM
Some people say this bearish run is different than the rest from the past, so we are gonna be expecting a longer bearish run this time. Longer than what we have experienced in 2018. Though $23k is a range something that can be achievable all throughout the entire year of 2023, but I doubt that could be the highest price then.
Yeah, it's different because we've got a higher all time low this time. And that's actually good to see because we're like stepping higher everytime there's the bear market that we have to deal with.
But as said of being different, this may be done too soon and unlike the past ones that have taken a lot of time, maybe this time it's quicker than of those in the past.

Most likely, we're gonna see another bullish run in the 3rd quarter of 2024. Hopefully.
Or maybe by 2025, all the hint is after the halving.
2311  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 04-Dec-22] on: December 06, 2022, 01:42:14 PM
Winz.io signature campaign has a lot of openings for all ranks, so apply now!  Smiley

There are lots of open spots for all ranks to apply.



Metaspins has two opens slots for:

We have 2x Hero/Legendary positions open, apply now!



Mixero signature campaign is now full and should be moved from PNYC to CFNP.

We are CFNP for the time being.




@ralle14, Marsbet is still on the table, they've already ended.

Unfortunately Marsbet have decided to not continue with this campaign as it is right now.



Rollbit should also be moved to CFNP.

We are once again CFNP.
2312  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinbase wallet stops support for XRP, ETC, XLM and BCH on: December 06, 2022, 12:43:53 PM
I'm worried that the team from the coin is manipulating and deceiving, as we know that Coinbase is an exchange that has a high and strong reputation, it is very difficult to get registered on Coinbase, when they find indications of fraud then immediately stop the deposit process, hopefully this is due to maintenance reasons .
Well, it's not all about any fraudulent activities or anything close to that. The main reason of Coinbase is about the low usage of all of it thus, they've decided to cut their support and operation for these coins.

It's better that they say this early because if they don't, people will rush to withdraw their coins and others might find their XRPs stuck there. Now they really need to consider finding or looking for something to keep their coins easily and withdraw conveniently. Right now everyone is obliged to have a hard wallet to keep their coins because these exchanges keep updating their features and rules because of what happened on FTX. We need to know that they're exchanges, their rules, and not our wallet, it's not our coins at all.
As per Coinbase's statement, even if the date passes by it is still possible for those that have missed the announcement to take and still gain access to their assets through the recovery phrases. And as our concern about exchanges, when we have no intention of trading the assets we've got there, it's better to keep it to our own wallets where we have the private keys.

Coinbase is an exchanges that I have used since 2014 together with Bittrex, I always keep assets in Coinbase because everything is safe, even when I stopped since 2018 then login again at the end of 2021 all assets are still safe, and if the coinbase is currently stopping a few Coins for deposits of course this is a negative sign that makes us have to be aware of the coin.
Good for you that your assets are still there. I guess majority of the people in the community on the early years weren't aware of the risk of keeping assets in exchanges until we've learned the lessons through major hacks and exit scams of some other exchanges.
And it has given us a valuable lesson that even if they're considered safe and good, still, trust no one when it's come to your crypto assets.

After the FTX case, it is better to store assets in the own wallet, too risky storing assets in Exchanges, they provide convenience for deposits but when we want to withdraw, we are like a thief who has to take a few steps to be able to take our own money.
Even before the FTX debacle, there's the Mt.GOX and other exchanges fiascos that has been marked and added in the history.

Yes. Exchanges are businesses, and they are selling a service. You never know when any centralized entity will decide to change the rules. Just because something is a certain way today, that doesn't mean it will be tomorrow. People should be aware of their own risk when dealing with third party services and take whatever measures they deem appropriate to protect themselves.
That's already bind to the idea that we should always remember that when it's about the exchanges, they've got the power to change any rules they have or terms of service. And this is the same as the support for the cryptos that they want to list or delist from their services.

The reason behind the delist of these coins is because of lack of adoption from coinbase wallet users, thats what I read online, I think the coinbase team don't understand that doing this is like trying to be in control of what coinbase wallet users should be buying.

This is another reason why centralized projects sucks, because still buy lots of XRP, ETC and BCH but just because people are not storing these coins using coinbase wallet they decide to delist. This is lame.
Yes, lack of adoption or usage. I guess that the team knows what they're doing and it's just hard to accept those that owns those coins sees a news like this that it's been delisted from one of the known exchanges worldwide. But whether we like it or not, there's nothing we can do about it but just to go somewhere else where these coins are listed if ever you've got them.

This is something I thought was going to happen long ago because of XRP issues with the SEC.  I only HODL not too many XRP and they are safe on my Trust Wallet.

I have sold all of my ETC which I got for free from the fork and also my BCH from the fork.  Coinbase did give me some XLM for answering questions on the site so I find it strange they are not going to support XLM no more.
Well, every beginning of these projects were good because they're like free money to those that have received them like an airdrop on its early days. So, most likely the demand was quite high and that's not seem to be a problem of them because usage is high. But as the years passess by, we've seen that there's some projects that turned into shit and hated by the community, I know you know what I'm saying, still they've given free money but change is constant and this is part of it.

I feel like adding more and more coins doesn't matter, because even though it would be great to have one big exchange with ALL coins and tokens, like coinmarketcap but exchange, that would actually hurt the market more than it helps it.

Reality is that we shouldn't really have a centralized exchange with all of the coins and tokens in. Coinbase did the right thing and took it slow, because they wanted to make sure that they perfect the thing they had on their hands before they move towards adding more. Now they have idiotic things like apecoin involved, just because they know they could have made some profit from the trading fee's, and of course when those shitcoins go down in volume, they will delist them all.
Yeah, they're not the other exchanges that have been adding almost everything that they can see in the market. I think that they're back on track and we're going to see more from them to delist those that have low usage based on their stats from their users.

The coin is the top ranking coins, and if a bad case is found, it is certain to make the market fall even more, maybe the price of the ETH will drop below $ 100 and the price of Bitcoin drops below $ 1000, many will panic and feel that cryptocurrencies store bombs that can explode any time.
I don't see any connection of the delisting to the fall of the market. The market is quite stable lately and even with this news came out, still, it's good as it was. Well, these delistings doesn't have to do with bitcoin or ETH so it doesn't make sense whether they get a price up or down.

Coinbase wallet doesn't provide recovery seed if I am not wrong so there is no way to recover the assets if you didn't move to another wallet on or before time. Coinbase exchange and wallet are different things so don't get confused but you never get the recovery seeds on any of these so if you have any assets there then just withdraw it as soon as possible.
There's the recovery phrase and that's based on their blog, it's the wallet itself and not the exchange account.

I believe there is another factor besides low usage within the application. Truth be told, we don't know any percentage of the wallet active users and the coin usage itself, so I can only speculate.

One thing for sure specifically for XLM is this specific wallet is not designed to fully support the XLM ecosystem, as in result, XLM userbase preferably choosing other wallet who has more better integration with the ecosystem. I can not mention for other coin since I did not know deeply how the ecosystem develop, but, I believe there will be a similarity.

Another logical factor is the bear to maintain those specific coins codes. If any particular coin that is not EVM-compatible, are having few user bases, the cost to maintain it exceeds the benefit of the wallet itself.
Possible, I'm not fond of technicalities but I understand your explanation. It's true and very likely that there's the other reasons that they don't want to disclose but I'll leave that to those that are good technicality and maybe they'll open about it soon.

  -  What coinbase wants to convey is simple, they are reminding all coinbase users that if you have the coins they mentioned, starting from Dec. 5, 2022, they no longer support it due to low usage. these these.

In this regard, I am a bit doubtful and disagree, I think they have other reasons. Why did I say? For example XRP, they announced that it is one of the low usages, how will that happen if XRP is still included in the top 10 altcoins in this industry?

So for those who still have the coins mentioned in coinbase, it is better that they can withdraw them before December 5, I just advise its users.
You're right, as vv has explained. It's very possible but as long as they're not disclosing it, we'll just have to get into their words about the certain reason about having low usage unless they'll be vulgar with it and admits that there's something else besides that reason.

BCH had its issues. I think more crypto enthusiasts will like this move.
XLM had not been heard for a long time so yes, the trade volume might be getting lower as time passes by.
With XRP though I have doubts. It almost sounds like an attack because I can still see many supporters of the said coin despite their problem with SEC which had been going on for a long time.
And because of this, they might be pushed down harder to make investors pull their investments, those who are still expecting good news when everything clears out.
I also see a lot of supporters for XRP and usage on it but if they've got basis on it and they're only relying on their own records, we can't do much with that as it's been decided by them and they'll be leaning towards to their own metrics which ended up saying of having low usage even it seems unlikely.
2313  Economy / Gambling discussion / Re: Crypto Casino on: December 05, 2022, 10:56:28 AM
You're not winning? I doubt it that there's not even a single time that you haven't won. Let's say even in a dice game, with plenty of times you bet and roll there. It's highly unlikely that you'll never get a win there by playing for a month or lesser. I think you're just exaggerating things and it's because of your frustration because you've lost a lot and even if you've won, you haven't secured your wins and instead, you keep on gambling until you lost everything. Someone who's been a losing streak for even just a few days would think of stopping.
2314  Bitcoin / Project Development / Re: Transfer bitcoins without internet on: December 05, 2022, 08:21:20 AM
It's still not possible to that but who knows in the future if there will be some great developments that will happen. Like IIRC, there's this satellite technology that would be like to cover the entire world with a connection on its own and from there, that could be where it's possible to happen.
But right now, we don't see it yet because a transaction needs to be mined and confirmed and for it to be confirmed and mined, it'll require to get to connected to the web/internet.
2315  Economy / Service Discussion / Re: I got hacked after downloading a file from https://multibitwallet.com on: December 05, 2022, 07:06:40 AM
Two mistakes that you did, sorry for the loss but before downloading a wallet, make sure that they're updated and still supported. I've watched a hacker that can remotely control your PC if you allow their app to get into you. It's just a matter of time until they find the right timing to access everything to your computer and you even helped them by leaving with your computer on and as well as all of those accounts that contains your assets unlocked. Sad to say, this is a lesson to you but cheer up.
2316  Economy / Economics / Re: 5 things you should not do with your money to get rich on: December 05, 2022, 04:26:58 AM
I have a belief about bragging the things you have, you may be at your peak right now and you get to brag but things are temporary in this world. You don't know how long you're going to be at the top of your life and that's why keep yourself humble at all times because you'll never know if the fate will be against you.

Saving doesn't make us rich, it just makes us more selfish with ourselves. If you want to become rich, you should work hard and give your best, not save. A rich person is someone who doesn't have to worry about money. If you have a lot of money but dare not spend it, no one will say you are rich. Don't just save money without knowing what else to do.
I don't see savings will make you more selfish. It's essential actually to have a savings because it's where you can get your pocket deep when you've get to need some money and you need to spend it for important matters. And savings is part of the practice of the rich because it will make you responsible and be good at handling your hard earned money.
2317  Economy / Economics / Re: Share Your Best Money Advice Based on Personal Experience on: December 04, 2022, 11:15:24 PM
Due to the inflation, if you're still able and can do side hustles do it. And don't keep most of your money in the bank because it will lessen the purchase value over the years. As much as you can, find an investment or asset that you understand and keep your wealth there so that your money will work for you. It may seem simple but it's going to require you a lot of sacrifice and delayed gratification before you attain the benefits of it as we you grow older.
2318  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vision on: December 04, 2022, 10:12:23 PM
Maybe with the future technology advancement we can fix that and bring Bitcoin to the offline world.
I've seen news about sending bitcoin just through bluetooth and radiowaves. Well, yeah we don't know what's with the future and it's certainly unpredictable. But it's possible that we might see transactions going offline and there will be an alternative with the need of internet.
There could be solutions on this one and we all agree that within the next years that bitcoin is hard to be beaten by any other projects and payment processors as majority of them have started to join.
2319  Economy / Gambling discussion / Re: under-age gamblers on: December 04, 2022, 02:37:07 PM
It may look odd for most but it's really happening, and I've been introduced to gambling when I was younger and also under aged. I think the effect of it would last long until that young person grows up. He'll get to have many ideas in gambling and it's on him whether he's going to continue it or not. But as someone who's been introduced to it on a younger age, I wouldn't allow the younger ones that I know introduced on it, it will be a terrible idea and I don't know how they can bring themselves in and out on it.
What country OP talks about?
While these young guys have a chance to build their future, they have to avoid any kind of addiction and governments should be involved in such situations. Gambling companies have strict rules and most popular online sports bookies ask for KYC to verify a user's age. Having an interest in soccer is understandable, it is not a problem if they keep supporting the team they like most but making bets over teams will lead to addictions since their brain activity age is still going on to keep observing things around them. Banning underage gambling companies and arresting such resellers can save young gamblers, otherwise, gambling addiction will kick in sooner or later for the young generation.
I think it's Nigeria since that's where he's posting locally based on his post history. Even if the gambling companies will be strict with their implementing rules and policies about keeping away the minors. There are minors that are too persistent and want to keep gambling and hides under the wings of their parents identity. That's why it's hard to combat this issue whether the government intervenes or the casino becomes too hard on them but I guess, with those effort, there will be from little effect to major effect in the future.
2320  Economy / Gambling discussion / Re: under-age gamblers on: December 03, 2022, 10:27:22 PM
It may look odd for most but it's really happening, and I've been introduced to gambling when I was younger and also under aged. I think the effect of it would last long until that young person grows up. He'll get to have many ideas in gambling and it's on him whether he's going to continue it or not. But as someone who's been introduced to it on a younger age, I wouldn't allow the younger ones that I know introduced on it, it will be a terrible idea and I don't know how they can bring themselves in and out on it.
Pages: « 1 ... 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 [116] 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 ... 809 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!