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2321  Alternate cryptocurrencies / Altcoin Discussion / Re: My Painting is now NFT on: February 17, 2022, 02:42:14 PM
I have made price which I think best. Because It's taken my three days to be prepared.


10 eth? Good luck with that, however you have an anon account in opensea, there's no link to your other art to even start to valuate your work. Right now you are outsider art and while that has market, it has way more artists too.

3 days isn't unusual for painting to be finished. But it would be unusual to pay for 10k per day to unknown painter.
I know a lot of painters / artists that are using weeks or months to finish their paintings.

Even a famous artist would find it difficult to sell these art piece for 10 eth, so how come an unknown person could sell the painting at so high prices. But in an NFT world, everything is possible. Who knows, one days these get sold at 10 eth price and it become an headline.  Wink

OP, if your NFT got sold, update us here.
2322  Other / Beginners & Help / Re: How does one start on crypto? on: February 17, 2022, 02:11:08 PM
Before investing on any coin, I would say, just start with paper trading. Just take time and identify the best coins in the market. Discuss with friends here who are already into a successful trading. Once the correct coin is chosen, start your paper trading. Then when you are familiar with moves, technics and etc, invest about $200 on a cheapest and best coin in the market. Dont worry about loosing in the beginning. Its part of learnning.

Doing paper trading requires a lot of potential in itself. When i started trading, i also did paper trading but i got so frustrated on not getting real profits so i quit paper trading and started real trading. But, yes you are right, if you jump straight into the markets , you can lose a lot of money in live trading as markets won't spare your mistakes. I myself will advise people to do paper trading, however i did not did it myself  Sad
2323  Economy / Economics / Re: What is better - cryptocurrency trading or investing? on: February 17, 2022, 06:49:06 AM
Trading and invest both are very important for the cryptocurrency sector I know lots of people want to get money without hassle or without tension but I want to say every sector has risk and uncertainty so look before you left.at fast you have to take decision what is your final goal then you can succeed. just I want to say trading and invest both need for the cryptocurrency world.
Everyone also hopes like that but what must be known that in any crypto there are risks,
trading and investing both can generate profits and it depends on each person's taste,
what's clear is that don't try to invest or trade if we don't have any preparations yet

There is a key difference between trading and investing but many few people recognizes this.  We cannot say at the broader level which is better of the two. It depends upon person to person.

What if we get knowledge of  both cryptocurrency trading or investing and then decide which one suits our need or which one proof more beneficial to us.
2324  Bitcoin / Bitcoin Discussion / Re: Russia's approval of BTC on: February 17, 2022, 06:12:03 AM
Could be that the reason why Putin and Russian government has accepted Bitcoin, is the fact that they want to start a war and are in a state of inflation.
Investing in bitcoin to raise funds for the war ?
Putin cannot be trusted, not a single bit!


We need to think positive. What if there is no war, will Putin and russian government will back off from this descsion ? I thnk NO.
This decsion is taken in best interest of both government and the general public. Russia is a big country and adoptaion of bitcoin means a lot to them and give a strong message to the outside world.
2325  Economy / Economics / Re: 2022 Savings and investment plan on: February 16, 2022, 12:25:20 PM
is it good to invest in all crypto or bitcoin?? I still watch out for everything.
Of course, as long as you put a lot of hardwork patience and knowlege, you can earn more than what you think.
Thats the reason why more and more people accepted bitcoin, because they know that they can build a better future with this cryptocurrency.Bitcoin is proven as one of the best investment in the world.It is a life changing,and you can assure that it can provide you a financial freedom.

Although the reason they are mostly tempted by the advantages that exist in bitcoin Grin
But seriously, if we really have broad vision, then this is indeed quite promising, even though the risk is quite large, but it is quite reasonable because the benefits obtained are proportional to the risks received.
and if indeed there are still many people who still doubt this because indeed they do not understand what the work system is like and only hope for an instant one.
I personally quite agree that if you see the movement of many people now even though the reasons are various, but by them knowing crypto this will be good enough for them and for the development of crypto itself
People shouldnt only limit out on crypto or would be focusing on that one because there are other industries which you could really able to invest or involved with which it could really give out
that kind of chance or probability on having some income plus able to save up money because you do able to have some profits because out of those investments.
We are always having that very common plan which is to save up and invest as much as we could because this is the only way we could secure out our future.

People usually invest in crypto becasuse they think iit gives better returns and also it is secure to invest in cryptocurrecnies. I think thiis is the right approach. I will also recommed this investmet.
You just buy a coin on an exchange, keep it in your wallet and later sell it once the prcies are higher. This investment is better than any other ponzi scheme investments where your funds are always at a risk.
2326  Bitcoin / Bitcoin Discussion / Re: I知 planning to surprise my soon-to-be-bride sister some BTC on her wedding day on: February 16, 2022, 12:09:00 PM
Last time, I gifted my sister some ETH to hold on her Trust Wallet and she plans to keep it for a long time due to her belief that it can go even higher.

Her wedding day was supposed to happen in the final days of December, but it was ruined because of the super typhoon, so it was moved this month. I知 so happy that she can finally walk down the aisle after a successful 10+ year relationship with her fiancee. The wedding is in a beach setting, far away from my city.

Not only I may surprise gift her some BTC, but I知 also planning to give her my unused SecuX V20 hardware wallet (since I only bought it at a special discount in exchange for a non-biased video demo). So I値l just reset my settings there so that she can create a new account and I値l teach her step by step since she has no experience yet in using hardware wallets (but already has experience in Trust Wallet and other non-custodial wallets).

After all, I already have Ledger Nano S and SafePal S1. I already educated her the basics about private keys, seed phrases, etc.

If she is educated about all the stuff realted to privte keys etc and she knows how to secure the crypto, then that will be the best gift to give to her. However, like other people who will give her fiat money, you will not be able to show them that you are gving her the ehtereum or other crypto coin. You can verbally tell in front of everyone on the wedding and this will also create awareness among the other people who are not aware of cryptocurrencies.
2327  Alternate cryptocurrencies / Altcoin Discussion / Re: Can you make money from meme coins? on: February 16, 2022, 06:01:17 AM
Personally I think that the chance to make money from meme coin is small. Look at DOGE, and look at SHIB, these two coins are like the top meme coins that we have in the market, but the both of them are not really encouraging at all. These two trended around last year, but the trend didn稚 last for long and they were back to square one again.

Both of them are even finding it difficult to make a return to their higher price this year, and they池e not even showing any good signs at all that would encourage me as an investor to go for them at all. Meme coins for now are not for me, but if you should see one that you think is good, then it is up to you.

Do you know that Doge and shib are those coins which have given a lot of returns in 2021. Anyone who have investied in dogecoin prior to 2021, he must have make millions only by trading doge.
Meme coins are still worh investing but keep two things in mind.

1) Only invest limited amount in meme coins
2) do not invest when the meme coins have already raised a lot in price and wait for retracement.
2328  Economy / Economics / Re: Your opinion on side jobs on: February 16, 2022, 05:42:46 AM
probably no. And you should focus which way you can earn more and better to find new side job instead of wasting your time working hard in your main job even you don't have a good salary . And to be honest that's what's is happening since the pandemic wherein most people left their job they because they found a good way to make passive income while at home and that's through internet. for me that was a good decision..
It can be a case to case basis. What if that main job of yours is your dream job? Despite the pay is quite low and you have another side job, it's okay to call it a side job even it pays more.
There's no problem doing both jobs at the same time as you're not compromising any of them and you're earning more for having both of them. You don't have to find a new job if you're already having two jobs at the same time unless you can take three.

Some people are enjoying their main job because it is their passion. But if you think you are just wasting your time in your main job, then, probably it is better to find a good side job instead of stressing yourself with this main job. However, some people don't want to lose their main job because this is where they have healthcare benefits, retirement benefits and all the other benefits that you can't find in your side job. The salary may not be higher with your side job but the benefits accompanied with your main job is already a big plus to consider it keeping.

Trends are changing these days as companies are also loking for remote workers rather than the full time employees in the offices. This trend has raised specially in the covid era and is it still contiuning.
My opioion on side jobs is that you can do them if you have time but this should not effect your main core job which should be your primary focus. Also you can think of quiting your main core job and focus on the side job which should offer you more income. You wont leave the job if the new job offers less pay.
2329  Economy / Economics / Re: Dealing with tax and crypto ban on: February 16, 2022, 05:24:51 AM
Calling for regulation instead of restriction is a simple choice because regulation would mean at least some influx of money for the state, and given that crypto mining isn't anything morally questionable (unless one believes it's very harmful for ecology, but Russia's not the sort of country that takes ecology seriously anyway), it's clearly a win to legalize cryptos and operations with it.
As for Zimbabwe and tax collection, I think if taxes are applicable, it already means that cryptos are legalized in some way there. I only hope taxes will be reasonable because otherwise people will simply look for ways of avoiding paying them.

Regulation has to be there, it is inevitable and up to a certain point it is desirable. As I have mentioned a number of times, the devil is in the details. The fine print of the regulation may mark the distinction between a ban, a regulation that restricts trade and use, a regulation that simply protects the users or one that simply taxes and provides zero value for the investors.

I am interested in regulations that protect users.

There is a trade off here. Either make bitcoin regulate and pay taxes or keep using bitcoin on a limted scale but pay no tax. I will prefer to pay tax with crypto regulate rather than using bitcoin which is declared ilegal in this case.
If you are geneuine user of bitcoin, and have no bad intention like money laundering, regulation is the best thing. (however KYC and taxes comes with regulation).
2330  Bitcoin / Bitcoin Discussion / Re: Will owning 0.01 BTC really make you rich? on: February 16, 2022, 04:24:04 AM

Based on the circulation supply, the total is 18,944,831.00 BTC, which means 1% of it is 189,448.31.. that's too much money, you'll be a billionaire already if have to that kind of btc in your wallet. 1 btc is already enough for long term, it will certainly make you rich as bitcoin is destined for success and the demand will increase overtime.
Today I read somewhere that the President of El Salvador says something similar. The essence of his words is that there are more than 50 million millionaires in the world, and when everyone of them wants to own one bitcoin, they will not be able to buy even 1 BTC, and in this case, demand will send the price to the moon. There is a reasonable logic in his words, but so far this is not happening, and not all millionaires want to own bitcoin. Smiley

I think that 0.01 btc will make us rich, I am pretty confident of that. But the real question is "when". Maybe our sons not directly us will appreciate this aspect, this secondo revolution. It's like another 1000x for something that started from zero.
I mean, we need a lot of time to see this change...  Meanwhile we can appreciate bitcoin for what has been created.
A strong and unique alternative to FIAT money system. This is the real bargain offer that has no price Wink if you know what I mean...

0.01 btc can make you milionare depending upon how long can you hold it and how fast bitcoin prices move up. I personally not aiming at 0.01 btc. I am just collecting all the bitcoin fromwhere ever i can and keep them save from long term. I am sure that my saved bitcoin will help me a peaceful life after retirement. Think big, thing for long term and you will realzie that every satoshi saved, is something worth a lot more than you can imagine.
2331  Bitcoin / Bitcoin Discussion / Re: Is the objective of bitcoin redirected? on: February 16, 2022, 04:00:49 AM
From the past decade, bitcoin failed to add any value to the real world. It was supposed to be an alternative payments solution but it become an assets class for storing values. Its technology is old, slow, and expensive compared to many altcoins. Still, people investing in bitcoin because of its extremely fast-moving advantages compared to other assets like stock and gold and its extensive nature. Is the objective of bitcoin is dead or has it's been redirected on purpose?

Even if bitcoin is considerd as a store of value, more than a medium of exchnage, what difference does it make ? At present we are using fiat money for transcation and gold as a store of value. Think of future when both store of value and medium of exchange will be merged by bitcoin. As the bitcoin adaption increases, we will see more people using bitcoin in thier business
2332  Bitcoin / Bitcoin Discussion / Re: India's confusing crypto bill on: February 14, 2022, 06:06:50 PM
What are we expecting in Indian Government ? they are acting like this for how many years?

having issue of banning and regulating and then allowing ? this is not new from this country so better to get use to it until they finally act a truthful and real law or bills in which people will understand and accept.

I don't see they are serious in adopting bitcoin. If that was the case, they would have lowered the taxes to encourage people to use crypto. Instead, they hinted that they won't let anyone earn crypto as they will be taxed very high.
This statement was a big disappointment to the people of India who wanted to integrate bitcoin and also earn bitcoin by different means like mining etc.
2333  Economy / Speculation / Re: Bull Run in Bitcoin on: February 14, 2022, 10:12:56 AM
The way the market has started to decline, it seems that the market will not rise this year.After 2017, the market has started dumping in the same way as the market has been dumped.I think although the market grows, the market may grow by 2024.
But luckily, the market changed direction again in the last year and we were able to get another big profit. So people who can sell on time last year are very lucky because the profit we can get is very large, especially the profit from bitcoin.

Hopefully, this year we can get another big profit like last year because many speculators provide their analysis and say that this year bitcoin will return to high prices and make altcoins also follow. But whatever it is, we need to prepare ourselves by always analyzing the market before we decide.

No doubt the profits gained last year were insane but i still not sell my bitcoin holdings. The only reason for this is that the more you wait and do not sell, the more profit you can gain. There may be some times when bitcoin will dump, but if you keep on holding strong, then you will aways end up in a greater profit.
I am not againit the selling of bitcoin and booking profits, but if you can hold, better to hold it.
2334  Alternate cryptocurrencies / Marketplace (Altcoins) / there is no Play-to-Earn Game on: February 12, 2022, 03:03:47 PM
As of this writing there is no play-to-earn games exist in the market. You must be saying Axie Infinity is one play to earn game and there are many more, but i will tell you that they are not play-to-earn games, they are infact play-to-earn jobs.  Roll Eyes

Taking the example of Axie Infinity, you get game token SLPs when you do certain tasks in adventure mode and also complete daily tasks. This is like a job that you do daily and the maximum earning limited on daily is also fixed. You are allowed to take 20 turns and after that even if you play more, there is no reward. You are in fact doing job to collect the tokens.

Real games are like you play unlimited times daily and there should be no limit on the earnings or turns. The more you play and win, the more you should get the tokens. This realistic model of earning is missing in all the famous P2E games like Axie infinity or star sharks etc.
2335  Alternate cryptocurrencies / Altcoin Discussion / Re: That is why play to earn concept is a massive failure on: February 12, 2022, 02:38:31 PM
the most advantageous are those who enter early, can understand the meta quickly and get cheaper character prices, the concept of Play to earn is sometimes more like pay to win now, you have to have stronger characters to win.

Almost all the play to earn games loses value over time. This means if you have invested in play to earn games, a few month ago, you would be in a big loss. Axie Infinity is a perfect example for this where a team of three axie cost you around 1200-1500$ two month before. Now the same team can be formed in around 150-300$. Think about those early investors, who must be in a big big loss. The reason for this is poor planning from the game developers who do not think if the game is sustainable over time.
2336  Bitcoin / Bitcoin Discussion / Re: Making valentine's day memorable with bitcoins. on: February 11, 2022, 07:57:49 AM
If I am your partner I will be happy if you give me a little bit of bitcoin in my wallet (if your partner is the same as I understand bitcoin) but if not usually women prefer flowers, chocolates, and clothes, dinner on Valentine's Day
Definitely, I think it's important to understand that your partner understands first and know about bitcoin or better yet, cryptocurrencies because if not then you're probably going to waste your time and your effort would be unappreciated because they have a different expectations. Also, I think that it wouldn't hurt to ask your partner what they want because communication is the key to a relationship right?

Yeah before giving a bitcoins gift to your partner or lover, make sure he/she knows about it and has some interest in this. Otherwise, no matter how much amount you give in bitcoins, the other person will not be able to recognize the importance of it and all your spending on the gift will be in vain.
2337  Economy / Speculation / Re: No strength in Bitcoin in higher time frames on: February 11, 2022, 06:38:49 AM

With the breakout on above of $40,000 this month, I became bullish for midterm on Bitcoin. Look how Bitcoin broke the trendline on a monthly timeframe.
And what I noticed also is *not so perfect support when Bitcoin dumped around $31, xxx - $32, xxx last month, and the $30,000 seems to become strong horizontal support here since last year.

Yes, that's a clean breakout but the most important thing is how we will close this month of February. There are still 18 days left in this month and bitcoin can again come down and close the month below this trendline. If this happens it will be a false breakage but the chances for this is very slim. Being a trader, we should keep an eye on all the possibilities.
2338  Alternate cryptocurrencies / Altcoin Discussion / Re: the market to buy the safest NFT? on: February 11, 2022, 05:17:27 AM
I started getting to know crypto in 2016 and at that time there were not many crypto projects like now.
and what I'm asking now is about NFT where many players have just started playing there, there must be many platforms that sell and buy NFT, for example https://cnft.io/ which transacts with ADA tokens, what platform do you think friends who play nft the safest.Is it opensea or something else?

There are many good NFT platform like opensea. Binance and all the exchanges also offer NFT marketplace where you can buy and sell the NFTs. However, there is a key difference between NFT and coins/token.

We usually buy good token/coin considering they are safe, they have liquidity etc but in the NFT space, there is no such thing as SAFE NFT. Once you buy NFT, there is no guarantee that you can sell it at a higher price or even sell it at all. If someone like your NFT he will buy it otherwise if no one is willing to buy it, you cannot sell it.
2339  Alternate cryptocurrencies / Altcoin Discussion / Re: Grand Theft Auto (GTA) Eying NFT!!! on: February 11, 2022, 04:59:08 AM
I would say this is a good business move, why? because every one is trying to jump and hop on the bandwagon. So it is better if you jump in early like other companies and now GTA is entering the picture. And perhaps most users of GTA are also in crypto for all we know so this is a win-win situation for them. Again in this hype everyone is going to make a lot of money and that's what important for a business entity like GTA and other big companies to join the fray.

Introducing NFT by the Grand Theft Auto is a great step but i would prefer if they integrate these NFT in the game play. If these NFTS has a proper use case, people will buy them to use them as characters in the game. These days there is a craze for play to earn games and I hope one day GTA also become a similar game where you can earn money while playing.
2340  Economy / Gambling discussion / Re: Crypto stuck in sports betting site, now they want KYC on: February 11, 2022, 04:46:06 AM
Anyways, sometimes I try to login to the site before setting my VPN and it simply tells me I'm in a restricted area. Never had any issues though, I just flip on the VPN and all good. I've been using this site for about 2 months now. Today I logged in and and it was requesting I input my phone number to proceed. It said I can withdraw funds but services were restricted until I enter my phone number. So I created a fake number from Hong Kong, and entered it in. It sent me a code and I entered it. Little did I know Hong Kong  is also banned from this site (I know I know, I was just in a hurry to place a bet). Now my account is locked and they will not allow me access to even withdraw until I go through full KYC.


What was so hurry for you at that time that you did not care to see which countries are accepted by the site and then entered the hong kong number which was not allowed by them. You may have missed the bet but you could have saved your money and account.

For now, try to do whatever you can to recover your account and then withdraw your funds. Its never advisable to play at gambling sites using VPN because the site can anytime stop your withdraw and ask for KYC as they did in your case.
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