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2341  Bitcoin / Bitcoin Discussion / Re: People Overthink Potential of Bitcoin on: February 10, 2022, 06:42:43 AM
Which one is easier to think about?

  • one intangible thing not having any physical presence, turned its value from 0 to $100K?
  • one digital currency which has surpassed paper money by getting people's support?

To me, 2nd one is easier to think and dream of.



Both of these points are interlinked with each other. The intangible bitcoin could not gain its value from 0 to 100K without the people's support and people taking interest in it ?

The question then arises, why people would take interest in such a currency and we conclude that paper money has a lot of disadvantages the worst being it is inflationary based and the second one it is manipulated and controlled by the governments.
The bitcoin resolves this as it is a non-inflationary decentralized currency with zero controlling power over it.
2342  Bitcoin / Bitcoin Discussion / Re: Isn’t KYC anti-ethical to Bitcoin? on: February 10, 2022, 06:12:36 AM
When i first heard about bitcoin, one of the selling points then was the pseudo anonymity. But as of recently, it is hard to purchase any crypto without encountering a form of KYC.

I’m just curious of everyone’s thought on this.

You can still use and combine some decentralized exchanges, social media platforms ,mixers,  even some gambling sites and  P2P in order to get the crypto without doing the KYC but the process will be complex and not easily understood by a layman or the one who is new in the crypto.

There is pressure from the governments to make the KYC mandatory and hence the famous centralized exchanges won't allow you to buy bitcoin or make P2P transactions without KYC.
2343  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not experience blood bath on: February 10, 2022, 05:25:43 AM
As the crypto market matures, we are seeing more stability and less volatility with prices, but of course as the industry is still relatively young, it will still be much more volatile than many other markets. I don't see a massive plunge in bitcoin's price without a massive pump beyond the previous all-time high. The good thing about a more level cycle is, although the profits will not be as much, there will be a less pronounced crash during the bear market. On the other hand, I think many shitcoins need to die off.

Well said. Crypto market will get more mature and stable as more and more institutions will invest in it and its marketcap increases to reasonable levels. I think Bitcoin will not see any major fall in coming weeks or months as it has already bottomed out when its price fell to around 33K level which in my opinion was bottom. This morning Bitcoin opened the new week with its price above 42K which indicates that we will see organic growth in its price in coming weeks. DYOR

Since the recovery already happen and people's attention are into it right now maybe we can see stable or little much bullish condition at the moment, for sure many think that the bearish phase already ends since many are now accumulating so hopefully we can see brighter figure to see on what will happen next since for now its hard to give a prediction towards what will happen next month.

Even though bitcoin has recovered, this makes it chances more to again dump from the resistance. The probability of going higher was more at 33K as compared to now at 44K. If bitcoin dump 1000 - 2000 $ in a day, we may experience another bloodbath in the altcoins. Right now, i am not sure, if the market will keep on moving towards 50K or we are going back to 35-36K level. However, in the case of dump, there will be some support at 40K level also.
2344  Other / Meta / Re: Ban on signatures for 1xbit campaign participants, do you agree? on: February 09, 2022, 04:47:48 PM

If negative tags don't solve the problem of people continuing to promote this campaign, is it possible to expect a signature ban for each participant? Is this signature ban also a moderation of scam?


The rules of the forum should not be altered only because a certain scam gambling site is running a signature campaign and promoting scam.
But we can play our part by reporting the posts made by the spammers in that campaign. Since most of the posters in that campaign are not well known for their writing skills, their posts most likely will get deleted if reported by one or more members of the forum. Once the posts the deleted, the participants won't be paid and hence, people will be discouraged to join this campaign.
2345  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Axie Infinity - A new Ethereum game similar to CryptoKitties [SPECIAL PRE-SALE] on: February 08, 2022, 06:55:11 PM
But I see positive strategic changes from Axie Infinity. The project has no longer focus its economy on PvE and shifted it towards PvP. That is smart and must switch because PvE is unsustainable. The project, the ecosystem can not attract huge new users at same rate over time. That means if the customer growth stops, slow down or decrease dramatically, PvE-based economy will put price falls down significantly as well.

All these positive changes seem to favor the new investors who did not have played AXIE before. Many people were comfortable with PvE structure where they were easily getting 50 SLP daily without much effort. For this purpose, they had bought less powerful axie in cheap prices only to play adventure mode. Now, these low profile axie will be useless in the PvP mode and they won't be able to win any games in Arena mode.
2346  Alternate cryptocurrencies / Altcoin Discussion / Re: My Painting is now NFT on: February 08, 2022, 04:16:47 PM
we can't predict someone's luck, the unexpected thing is someone in my country who diligently uploads his own photos on opensea, for 4 years, he got luck that he didn't expect. until finally many people flocked to offer their work at opensea. but a person's fortune cannot be imitated, but if it is our right then nothing is impossible, the important thing is that we must continue to work
That's why many people now upload their photos on Opensea. They use a proverb, "just follow where the money flows, and you may have a chance to make money."

People can use any price they want, but no one will know when or who will buy that stuff. And yes, I agree that he can use a small price to see if he can get his first buyer, but that will be up to him.

These days people are inspired by hearing stories of NFT being sold for a lot of money, and therefore they also list their NFTs with high prices thinking they will get sold too. No one tells that there are millions of NFT which are listed and never sold. We need people to be aware of this too so that they may lower their expectations.

Anything can happen in NFT space. It can be sold at high prices but it all depends upon luck.
2347  Other / Meta / Re: GASTY4 APPEAL on: February 08, 2022, 03:44:38 PM

Remember that I asked you to make a video of you logging in to that Remitano wallet? Videos can't be faked, or you need enough knowledge and experience to do it. Images can be faked. As long as that remains a possibility, I don't think your wallet screenshot will be enough to convince the recovery team. A video might not be enough either, but it's better than a picture. So, do you have a way to record yourself logging in (without showing your password) and going to that screen that shows your deposit address? You can log in on a computer and record yourself from a phone or use a second phone to record what you are doing on the first one. 

Even images are not easy to be faked. At least i don't have the skill to make a good fake image.
Lets suppose if OP is able to present the video of logging in to Remitano wallet ? Will this be accepted by the mods ? Everyone is sharing their own advices, i will be more interested to know what exactly mods need is such a situation and how the forum admins resolves such a case or it remains unhandled forever because of not enough evidences.
2348  Bitcoin / Bitcoin Discussion / Re: Can you answer a couple of questions to a potential bitcoin buyer? on: February 08, 2022, 12:23:37 PM
There's no point to continue this further as you lack understanding of what's consensus while you're abusing vocabulary at the same time. I quit.

You may quit but the op keep on posting and will stand on his vague arguments.  I tried to convenience him earlier but all my efforts went in vain because he is not willing to understand anything and he is not willing to accept any other point of view other than his own.

Unfortunately topic has become so prolonged without any property conclusion.
2349  Bitcoin / Bitcoin Discussion / Re: Hypothetically keeping your bitcoin when you die? on: February 08, 2022, 10:11:10 AM
I would rather prefer spending all the money during my natural life than holding any amount to spend after 100 years. You will never be able to have a normal life after being absent for 100 years.
Does it make sense for you that someone try to find an answer for such an imaginary scene?

These types of imagination and thinking 100 years beyond is just day dreaming and nothing else. No one from us will be alive to see what happens after 100 years.
If freezing was possible, everyone would have frozen themselves to become alive in another century. Time travels and these frozen theories do not exist in reality. What money we have, we should spend it in this world before it's too late and we die.
2350  Bitcoin / Bitcoin Discussion / Re: How will u feel if d price of 1BTC exceeds $1m by 2030 as its made legal tender on: February 08, 2022, 09:57:30 AM
I would still feel that I should have bought it in its very early stages. So, rather than feeling low for my mistake, I try to buy the new cryptos as soon as I am able to fundamentally review it.
Are you really kidding me or what? So if the price of Bitcoin should happen to reach up to $1 million dollars by that time and I am assuming that you have already invested in by now, you would still be wishing that you invested at the earlier ? You must really be kidding me. What other profit are you looking for?

If you have Bitcoin now at the current that the market is at, and all of a sudden it has gotten to one million dollars per bitcoin n, seriously you should be one of the happiest men alive, because that is going to be a really huge profit for you looking at the current state of the market.

1 million dollars per bitcoin price is a very big amount and bitcoin won't reach this price overnight, not even in 10 years. With the world affected by many variants of covid19 and lot of deaths around us, we never know if we would be alive by the time bitcoin reaches this one million dollar milestone. Right now we can only dream of these prices.
2351  Economy / Speculation / Re: Bitcoin touched $43k, from $33k in two weeks on: February 07, 2022, 09:33:56 AM
Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.

I thought it's a bull trap but there will not be a leverage of 30% for bulltrap and I have decided to invest back into crypto and infact cashed in once it crossed $42k. What's your take on Bitcoin price?

How can you say that its a bull trap? Bitcoin moved 30% up in 2 weeks but did you remember it dumped 30% in 1 or 2 days only and then it took months for this recovery. I think this is not a bull trap. We have a negative bearish, Nov, Dec and Jan. Now i think after a long three months of bearish price action, bitcoin may stay a month or two in bullish mode.
2352  Other / Meta / Re: GASTY4 APPEAL on: February 06, 2022, 05:30:20 PM
Assuming you are telling the truth, as mentioned by UmerIdrees, your email has been likely hacked too.

Is there any chance you can recover your email? If you can do so, then you should be able to reset your password and recover your bitcointalk account too.
Maybe, there's a phone number attached to your email address that can help you to recover your email.

Without the email address and a signed message from an address posted by you, it won't be possible to recover your account.

I'm telling the truth here you see, the problem is that I have no access to my email for sometime now, it's been invalid.
I'd have done forgotten password already.

That's too unfortunate that hacker knows your email password and you can't recover your email too via backup email or phone number. You can't even sign a message as you have lost access to the wallet private key also. What else have you forgotten ?

To be very true , at this point the only one reason i believe that you are speaking true is because CryptopreneurBrainboss has some evidences in favor of you.

I don't do this often but this case is different, user DM me off forum with same contact details he used when he introduced himself to me as an African and was already stored on my mobile. This is just a precaution to prevent whatever motive was behind the hack.
2353  Other / Meta / Re: GASTY4 APPEAL on: February 06, 2022, 09:21:11 AM

I had access last to my account after writing a post by the time 01:51:45pm.
Returning back from soccer drills, I was perplexed at how I couldn't log into my account,with response of password been incorrect.
Down for days as a result of this, I noticed and observed my account (Gasty4) green notification signal on, the account was last active on February 04:2022 03:29:51pm.


Upon checking your account here https://bpip.org/Profile?id=3391969, the password was changed via email, so does it mean that your email address was hacked too?
Can you access your email? If so, change the email password and then try to change the password of the account via email, if the hacker has not changed the email associated with the bitcointalk account.

The email is not changed yet. Only the password is changed.



I would not appreciate it if that happens to me, just because an anonymous Newbie claims my account got hacked! Gasty4 signed a message before, why would you believe anyone claiming to be him without a new signed message?

Lets suppose Gasty4 comes online and write that his account is not hacked. Now who is telling the truth ?  
The one who can sign a message.
2354  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Axie Infinity - A new Ethereum game similar to CryptoKitties [SPECIAL PRE-SALE] on: February 05, 2022, 07:16:52 AM
AXIE games are no longer attractive for gamers. In the next season, which is going to launch in about a week time, there will be no reward for playing adventure mode. Previously everyone got 50 SLP daily by playing in adventure mode but now if this reward is removed, then the only way to earn is to win in Arena which is not so easy. I am sure, after this new update, many game investors will be sad because it will be impossible for them to earn from this game.
That's just pretty stupid for the game devs to do. What about those players who are just starting up? Players who have a bad mix of Axies and even those scholars wherein SLP earning is a must? I've played this game before and even tried breeding way back when it is still profitable and I can honestly tell, winning on Arena isn't a hundred 100% guarantee, its quite hard to win on Arena especially if you're just starting up. Just goes to show that the game devs are so keen on reducing the supply of SLP but then do the wrong move for it.

Axie Infinity was once considered to be the best game and it gave more revenue to the people as they would have got on the 9 to 5 jobs in third world countries. But now Axie Infinity is not a money making game on which you can feed your family.

Now that you won't be able to generate SLP by playing easy adventures games, this means the people who have hired scholars and have invested a lot in this game, will be at a big loss.

2355  Economy / Speculation / Re: How come BTC is not at least $75,000 yet? on: February 04, 2022, 05:37:04 AM
What's the rush?

Bitcoin is working as expected, this is how it compares to the USD in the long term

The rush? I've never sold a bit of BTC since 2013 and I'm starting to get bored, that's the rush. I want to feel the fruits of my labor too. Don't plan waiting 10 more years.
You could have sold it last year when bitcoin had reached its ATH twice. Definitely, not today since all your efforts from hodling will be totally gone, better keep on buying this time while there is good opportunity to buy. However, if you're not still in need of fiat or don't have any urgent needs, so what's the use of selling? You can generate more profits if you can hodl them for a longer time since bitcoin gives a new peak every year, much higher than the last years ATH.

Its difficult to sell the bitcoin at all time high prices becasue we never know what is the all time high and greediness never make us sell our coins. However , when the the prices are down we have so much fear of going more down and this makes us sell the coins.
Anyways i will never sell my bitcoins even if the prices is 75,000 or 25,0000.
I will contiune to hold my bitcoins unless i see a 100K- 200K bitcoin prices and at that momnet, i will not off load all my bitcoins. Will keep some save with me forever.
2356  Bitcoin / Bitcoin Discussion / Re: A Cincinnati-based restaurant chain now accepts bitcoin for its franchise fees on: February 04, 2022, 04:34:10 AM
Maybe, they will start this in franchise fees but later on, they will start accepting bitcoin in the restaurant itself. Because only few can afford to pay franchise fee as only those interested will of course set-up this restaurant. So they can very well afford to convert their fiat to btc if the owner wants btc payment as franchise fee. But it would be nice to hear if they will accept btc as payment also from regular diner. And if they can explore other cheaper payment methods like LTC or XRP.

I will prefer if they can use the bitcoin lightening network to process the transcations faster rather than opting for XRP or LiteCoin. Bitcoin is widely known everywhere but these altcoins are not so popular specially for the people who are very new to the crypto currency.
These days i am hearing many news on this forum that new companiies are accecpting bitcoin payments and it look like this trend will contiune to grow faster.  If you want to increase the sales of your company, better include bitcoin payments in your business.
2357  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: New NFT based game launched on: February 04, 2022, 04:07:24 AM
The concept seems to be unique, but in each and everything trying to incorporate NFT might make it get degraded same as that we had with the ICO hype few years back. Personally I don't join it, and maybe if this is promoted well and looks to be a potential one I'll make my entry.

The project may look promising but still there is a risk involved as it is fairly new game. I will look into this NFT game but i wil not recommed anyone to instantly buy and invest in this project.
There are so many new NFT games being developed these days and it is difficult to decide which one is good and which are just the copy of other projects.
2358  Bitcoin / Bitcoin Discussion / Re: I was finally able to purchase an iPhone 13 pro max using my Bitcoin on: February 04, 2022, 03:56:31 AM
I went to buy a phone with my friend today. Going there, Iphone 13 pro max became my favorite phone.  And arouses interest in buying. But I did not have enough money to buy that phone in my pocket. I laugh and talk about Bitcoin to the owner of that showroom. I was surprised to that the owner of that showroom want to sell his phone to me  for Bitcoin. And I asked him again, "Are you kidding me?"then He immediately gave me a bitcoin wallet to pay him. I paid him bitcoin and bought the Iphone 13 pro max.

Since the price of Bitcoin has come down a lot now, it has become foolish for me to buy the phone with Bitcoin.  Because for that I have to spend more bitcoin.  But still I am very happy to be able to do it.  Because in my country Bitcoin is still declared as an illegal currency.  Nevertheless, I got this advantage

You can understand how sharp and interlligent was the shop keeper who accepted bitcoin to sel his iphone. In few months times, when bitcoin will be double the price, then you may regret selling your bitcoin for iphone 13 pro max. If i was you and i had money in my bank or home, i would not sell my bitcoin at current prices.

Anyways, i will suggest you to buy bitcoins again today if you have money as bitcoin investment is priceless and give you much more returns.
2359  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: February 04, 2022, 02:18:02 AM
I don't think anyone really uses bitcoin as cash.

Most just see it more like a stock as an investment not for every day use and until bitcoin can be stable and used in everyday life it will not be superior to cash.

That is not the case as bitcoin is used both as a means of investment plus as a currency. Even you can read some of the use cases discussed on this forum where startups are integrating bitcoin into their business model. Pay for coffee with Bitcoin   and  A supermarket in Mexico now allows Bitcoin payments for all their items are few examples where people actually pay in bitcoin to get coffee or services.
2360  Alternate cryptocurrencies / Altcoin Discussion / Re: Black shiba on: February 04, 2022, 01:22:15 AM
Black Shiba $BSHIB is a gaming metaverse token which incorporates NFTs in a play to earn game on the Binance smart chain. Holders of $BSHIB can buy and use these NFTs in game in order to earn $BSHIB tokens. 

http://blackshiba.io/

So what is new in this project? There are thousands of project in the market which offers NFT gaming through MetaVerse. Instead, i feel that everyone is using the name of MetaVerse in their project in order to get attention.

I usually look at the fundamentals of any new project but i won't waste my time on this Blackshiba , you could have developed your own brand name instead of making a variant of Shiba.
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