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2361  Economy / Economics / Re: What crypro / tokens has the most utility ? looks like all are useless on: May 06, 2022, 03:06:56 AM
Medium of exchange that is the actual usage of money and bitcoin has that usecase so what are you expecting more? Do you expect the Bitcoin to make everyone rich or something extraordinary,huh?

Many tokens are just copy of existing projects but the former ones are here and surviving because it has some kind of utility or else it will be faded away in few years like most did.
2362  Bitcoin / Bitcoin Discussion / Re: Concern of illegal use of crypto on: May 05, 2022, 06:42:53 AM
Recently Indian Finance minister N.Sitharaman said Money laundering, terror financing biggest concerns around cryptocurrency...
What can be the remedial step to address this concern.

https://www.bgr.in/news/fm-nirmala-sitharaman-says-biggest-risk-of-crypto-is-laundering-terror-financing-1259977/

This is simply blatant accusation with no actual proofs and if the actual find the illegal transactions only with cryptocurrencies then how these terrorist group and illegal transactions happened before 15 years? Stupids can tell anything so anyone with common sense can identify and ignore them.
2363  Other / Beginners & Help / Re: Tip-Don't participate in token sales being influence by Airdrops on: May 05, 2022, 04:25:38 AM
Nothing special about this strategy and this is the same model exists here for years especially since 2017. You will receive tokens even for not receiving in any bounties but these all are the combination of strategy to bring some money put of your wallet and in reality the value of token mention will be far from comparable level when it hit exchange and get the real value and importantly 99.999% won't even reach the exchanges as well.
2364  Economy / Speculation / Re: If Dow Jones falls 80%, bitcoin will fall 99% ? on: May 05, 2022, 04:04:08 AM
It is remarkable that during all these 13 bitcoin years (2009-2021) we have witnessed no big stock market crash - the fiat money mass has only increased and increased.

During this period there have been no years like 1929 or even 2008. But when the last remarkable stock market fall emerged (in March 2020), bitcoin fell much more than major stock indexes...

How sharply will bitcoin price react to the next Big Crash ?
Go to coinmarketcap and choose bitcoin / USD price chart and set to all time there you will get the answer for how the price will recover after the dump, it is almost similar in long term but with short frame we will see the difference and can't able to predict the one particular pattern for its next move, this is the new investment driven by the holders alone.
2365  Bitcoin / Bitcoin Discussion / Re: Afraid to buy Bitcoin in its bearish state? on: May 05, 2022, 03:30:27 AM
Not only for Bitcoin, it applies to all the investments on assets because how can we reap the profits buy low and sell high so in bearish mode the price will be lower and with Bitcoin it is almost guaranteed that the value will recover and reach new heights so its good to take risk and invest the money you can afford to lose. If you afraid of losing money then no investment will be suitable for you.
2366  Economy / Economics / Re: Is Elon musk's buying of Twitter fueled by Jack Sweeney?? on: May 04, 2022, 05:52:48 PM
We all know how rich and influential Elon musk is and if I'm not mistaken, he used his influence in promoting Dogecoin. Recently there has been a trending news of the 19 yo boy, Jack Sweeney who has refused to delete his account that tracks the billionaire's private jet and was offered by the latter $5,000 but counters with his own 50,000. This should be chicken change for Elon but it seems the man has other plans.
 Come to think of it, is this move of buying Twitter another of his impulsive acts or is he afraid of Jack? Your thoughts on this, please 🙏 https://www.legit.ng/people/1453754-elon-musk-reportedly-offers-19-year-old-n2m-delete-twitter-account-tracking-private-jet-boy-wants-n20m/
 
Spending 44Bn for the 5or 50K expense doesn't really matches and it can be one of the reason but Elon has other Big reasons for buying the Twitter especially after realizing how much influencing power he is having over the internet people in the recent days so he can make money by using them.
2367  Bitcoin / Bitcoin Discussion / Re: What if the fees aren't enough? on: May 04, 2022, 03:41:33 AM
If mining isn't profitable then miners won't be running the miners
That won't happen anytime soon though, soon as number of miners decrease the difficulty will decrease as well like every miners would like for lesser competition. Soon as it happen many people will enter again mining and this will be a cycle.
So it's easy to say that we will not experience like what others did that you can run mining even only on your PC.
Mining BTC became more difficult so the only option is GPU with powerful hashrates then only the miners can able to make profits apart from electricity bills, etc. As of now we didn't see anyone who is mining complaining about their decline in profits so these all are just common speculation.
2368  Bitcoin / Bitcoin Discussion / Re: What if the fees aren't enough? on: May 04, 2022, 01:08:20 AM
If mining isn't profitable then miners won't be running the miners but as far as I know the memepool is empty all the time because more miners are working which keeps the Bitcoin network from clogs and this is not happening only now, the situation remains same over a year so yes the fees are enough even with 1sat/byte and in the next halving the price of 1BTC may reach 100K so it can compensate the loss of rewards due to having and keep going on.
2369  Other / Archival / Re: Is ignorance bliss after all? on: May 04, 2022, 12:30:21 AM
Being ignorant is not a blessing but they may look happy from our point of view but their point of view might differ, they want to be like others and May feel like this is where happy life lies.

Learn everything and experience all the things and select which way is more suitable for you that is the blessing and we will not regret about missing anything in their old age.
2370  Economy / Reputation / Re: My campaign journey has ended due to this on: May 03, 2022, 12:43:50 PM
If I am not wrong this action taken by JollyGood after multiple warnings to the campaign participants but they never cared so he made a list of people who are wearing the 1xbit signatures and getting financial benefits from the scammers. If you didn't get that financial benefits but still you got negged may look harsh but its your responsibility to choose what you're promoting because literally you're helping the scammers and being one if the reason for people to lose their money.

Interestingly, I didn't find your name in the list which actually have 124 names. Wink
2371  Other / Beginners & Help / Re: Bitcoin an angel in disguise also reasons to cry on: May 03, 2022, 04:09:54 AM
Bitcoin didn't create anything nor destroyed nothing, everyone just facing the consequences of their actions so called investments. The one who made right investment at the right time made profits and the one who did the things in wrong time made them to lose their money. Lets assume bitcoin is a clay so we have to decide what we are going to do with it, we can make something out of it so it can be used in our life or else we simply let it dry and become a stone.
2372  Other / Politics & Society / Re: Teachers deserve more on: May 03, 2022, 01:31:31 AM
Teachers deserves respect that is the most expensive thing and you cannot buy it can be only earned but today the way if education becomes a business rather than a service and teachers also coming from that stress so they aren't taking care except their academic performance.

The teachers do more than the parents in the life of the kids, the parents job at that tender age is to build them. Teachers makes the kids to be able to think upright, teachers help the children to understand the purpose of life at that tender stage. The teacher spend more time to be with the kids.
If teachers are the one who is helping every individuals to choose their life path then teachers should be in the most richest individuals but no it doesn't actually work like that, teachers help the kids to learn basic things and they always wanted their kids to be a good employees but its just a form of modern slave.
2373  Economy / Trading Discussion / Re: Crypto Investing Myths vs Crypto Investor Reality on: May 01, 2022, 02:58:27 PM
We are talking about the investors or traders because both seems same but actually need different strategies to keep reaping the profits consistently. However about the myths most people tend to beleive it unless they experience the actual results and also we can't force people to do something in investment because if it fails they will blame the entire market and we also could possibly lose them from future investment.
2374  Other / Beginners & Help / Re: Old, formerly used keys / seeds should always be saved, not disposed on: April 30, 2022, 10:20:38 PM
Imagine someone sent 10BTC to our address by a silly mistake even though we are too good and want to return we can't because we don't have the access. Wink

I don't think keeping the private keys of unused wallet doesn't need any extra cost so there is nothing wrong but we should not have too much of secure data to keep so its better to keep all the keys in an offline drive with appropriate details so in case we need it we can access them at anytime we want.
2375  Economy / Trading Discussion / Re: TA or FA which is a better choice for market speculation. on: April 30, 2022, 06:34:43 PM
FA for long term and TA for short term, can we get better answer than this? Tongue

To speculate you can use anything, just be good at it and convince others that you are better at analysing but in reality short term speculations are ineffective because the market can react to any news either positive or negative which will completely break the trend and set for new ones.
2376  Other / Politics & Society / Re: Donald Trumps’ Truth Social Media: For Freedom of Speech or Politics on: April 30, 2022, 05:27:16 PM
I came to know about this truth social media recently after Elon shared a screenshot of trending apps in the Apple Store and also he claimed that this shit app claimed number 1 spot due to lack of freedom of speech on other platforms which literally means this app provides more freedom to the users but since Elon started his politics already he will reach the first place again with his influence.
2377  Economy / Trading Discussion / Re: Traders Stop Being Greedy. on: April 29, 2022, 11:14:12 PM
Greed is being a natural habit since the Humans evolved so it can't be completely eliminated but it can be controlled with the experience that is what the experience makes when it comes to anything. So anyone who is starting their trading career should go with less capital and once they made profits and gained enough experience can go with more capital or even compounding their profits can be good choice.
2378  Other / Beginners & Help / Re: Some annoying things that beginners do (but also some old members) on: April 29, 2022, 10:08:49 PM
Use of Bolded words throughout their post and usage of text colours inappropriately are the points I want to mention.

Because its really annoying to read such posts and when we advice them to edit few people does and many never so if any newbie is watching this please don't make that mistake keep your post simple and neat.
2379  Alternate cryptocurrencies / Altcoin Discussion / Re: Delisting of tokens will take place again on: April 29, 2022, 04:14:53 AM
Be prepared.

This is a warning to all of you running after meme coins, even if they get listed on top exchanges it doesn't mean they will survive for long, or have you forgotten that many projects got delisted from exchanges after the ICO craze of 2017? The same thing will happen once a tough bear market starts, so many meme coins won't be able to cope with the situation and many exchanges will be forced to delist the tokens.
When coins or tokens consistently failing with trading volume will be delisted from the exchanges and it may happen to any coins or tokens which misses the trend but people wait until they get delist news from the exchanges to remove such coins from their portfolio? I think it happens rarely.
2380  Economy / Trading Discussion / Re: So Many Exchanges out there on: April 29, 2022, 02:51:21 AM
This is newbie talk, so don't kill me. I want to learn, but it seems so complicated.

I want to  - sell BTC for ETH, and then sell that ETH for more BTC than I started the trade with. Sounds like a simple way to start, yet I know it won't be.

My biggest concern is that there are so many exchanges. How the heck do I know which ones will pay me after I make an exchange? I know I have to check their reserve balance, but what else should I look for?


No exchange is going to pay you are create coins for you they are simply a marketplace where people list their cryptocurrencies and find the buyers basically something like eBay.

There are lot of exchanges are here, for beginners Binance maybe good so all you need to do is just register there and deposit funds or cryptocurrency to start trading.
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