Bitcoin Forum
June 21, 2024, 11:41:08 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 ... 344 »
2421  Alternate cryptocurrencies / Speculation (Altcoins) / Re: UTRUST is in a position to dominate the payments space. on: March 13, 2022, 11:39:35 PM
would not have happened without cooperation with various merchants. it's been more than 4 years since this project has been released and i see they don't have a wide reach yet. only a few are already able to use UTK. So if you say dominate, isn't that an exaggeration?
Probably another hype on the project just like on their ICO, though the project is good but saying to dominate the payment system might be too much for UTK. The price is still down and was not able to make a new peak last bull trend so I think something is wrong about this project that needs to be improve, if this is a real big thing people will use this eventually, they have good partners already though.
Whenever some update/partnering is being done, the same is being projected in the form of hype. This is why it looks like more of a hype to a good project. This has been in the market for a long and has got good volume. For all early investors through the ICO, now could've gained good out of the project. Apart there is no big price movements. Whenever something is promoted they used to make such competing statements to reach the common users.
2422  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: March 13, 2022, 02:44:35 AM
Indian Woman won the match by a huge margin against West Indies Woman. Today we have Australia woman and New Zealand Woman and i am going with Australia to win the match but i expect we will see a competitive match.
The match between Australia Women and New Zealand Women was expected to be a big match, because they are the top teams to win the ICC World Cup. Unfortunately this time this match looks like the low scoring match for New Zealand Women. Australia Women have managed to score 269/8 in 50 overs batting first. Now New Zealand have scored 41/5 in 12 overs.
2423  Other / Beginners & Help / Re: How far has Bitcoin been effective? on: March 11, 2022, 11:59:18 PM
That's very simple to understand. There are many misunderstanding about bitcoin that it can provide employment, it can make someone rich in a short time and more. Bitcoin is beyond this and the true value can be understood with the recent usage of bitcoin by Russia to overcome the sanctions from different organisations and firms.

How effective is the bitcoin, it gets to be effective according to the scenario.
2424  Economy / Exchanges / Re: Bitcoin ATMs forced to shutdown in the UK on: March 11, 2022, 05:37:55 PM
Through this kinda service there is increased fee as well as this might've been used for tax evasion. If it comply with the proper AML process surely each and every transaction will be taxed. With USA and Canada for any volume of buying the user needs to verify his identity. With that it is risky for money laundering and to escape tax.
2425  Bitcoin / Bitcoin Discussion / Re: Is now a good time to be investing in Bitcoin? on: March 11, 2022, 09:14:32 AM
For users who have patience to hold, there is no particular time to invest in bitcoin. For users who wants to invest and new to the market, then he/she has to wait for the right moment to invest.

As per my learning one should not invest at the peak of the market, because the user might need to hold for a much longer time period. When the market is on the bear market, there'll be panic around. One should not fear of crash and decide on investment at the right time.
2426  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Alts Follows Bitcoin's Fall? on: March 08, 2022, 11:20:58 PM
Altcoins are exist out of bitcoin. This means altcoins are like part of bitcoin. This is how the market is being made at the beginning, because bitcoin slowly gained acceptance and altcoins weren't of big importance. Following bitcoin the market began to experience change, and this change began to have impact over the bitcoin.

The bitcoin market used to be bullish whenever there is good inflow from altcoins and turn bearish when funds were moved towards altcoins. Apart from this top order altcoins mostly move in the direction of bitcoin.
2427  Bitcoin / Bitcoin Discussion / Re: Police can confiscate refugees' valuables. bitcoin not affected... on: March 08, 2022, 10:39:37 PM

Memorizing seed would be the much-preferred way to be safe than writing it on paper. Checkpoints and border patrols are very curious about what you have in your belongings upon crossing. If they find anything of value like a hardware wallet that is something to keep. If it's a piece of paper, they will likely confiscate it and keep it for a while, complaining to get it back will make them more curious as to what's in it.


Yes, memorizing the seed is the right way to overcome such situations of forcefully taking the belongings of the refugees. The technology have grown good, but the same can be controlled by them once people enter the new country as refugees. So, using technology platforms to store the seed isn't a good decision.

I've got some simple technique, but this too could get caught. In a Bible or Quran marking letters of the seed could be a possible solution for one who isn't able to memorize the seed.
2428  Bitcoin / Bitcoin Discussion / Re: Crypto Ladies League Organizes Her First Online Blockchain Event on: March 08, 2022, 09:26:04 PM
Women's day wishes, and this year more number of women's day celebrations were there. More organisations and groups have come forward bringing in the women. Crypto industry is something interesting, but women find it hard to be a part for few reasons. Women wants something interesting as gold ornaments, silver and other forms of valuables. Lacking this is the reason for the participation of women into crypto space. I came across another event for this women's day where the group founder have come forward with the motto of bringing 100k girls into crypto space.

Crypto queens
2429  Other / Politics & Society / Re: FIFA and UEFA has suspended Russian Football teams. on: March 08, 2022, 06:49:45 PM
The economy of Russia will soon collapse because of this sanctions though its sad because sports are being dragged into this kind of politics, I feel sorry to those athletes who spend their life for the sports. Well the only one to blame here are the Russian government and ordinary people have to deal with this. Russia is not giving up, they still threatening other countries and looks like he is willing to go all out on this war.
The sanctions that western countries continue to impose on Russia have not stopped the Russian government from carrying out their attacks on Ukraine, in my opinion, what the world sports organizations are implementing against Russia will also not have much effect on their political decisions, indeed in this case many athletes are disadvantaged and should world organizations sport should be able to take decisions that are neutral and not detrimental to the athletes, maybe in my opinion instead of banning Russian athletes from competing, wouldn't it be better to impose sanctions banning Russia from hosting every world sporting event held in the future, applying total sanctions to this athlete who has no connection at all to politics is clearly destroying the basic principles that have had the sport so far.

The sanctions over Russia have greatly impacted them, but the ego has made them continue the war. A very small population is supporting the war whereas the majority of the Russians are against war. For now instead of banning Russian players from every games it is good to ban Russia from hosting different sports events.

Sports is part of peace making organization, so restricting players from Russia might have positive as well as negative impacts. On the positive note, Russia can think of peace. On the negative note, Russian players miss World level sporting opportunities.
2430  Economy / Speculation / Re: Is Bitcoin the best investment at the moment? on: March 08, 2022, 12:38:31 PM
Going through the internet found a comparison chart between cryptocurrency and traditional investment.



This is more than enough to show how good is the growth of cryptocurrency against the traditional investment. The highest return out of traditional investment is 43% whereas with cryptocurrency is 6566%

Based on my understanding investing at the right time gives the best return. If not investor needs to have patience holding it to sell at the peak.
2431  Economy / Economics / Re: Your wealth and options during the bad times on: March 08, 2022, 11:49:40 AM
Saving in Bitcoin is cheaper and more convenient than those offshore banks. So you only need physical gold, enough cash, and Bitcoin just for precautionary/emergency stuff, just enough to survive the hardest moment. In the long run, these also won't be enough since you still need to work and generate income.
With everything turning towards the digital age people look for the convenience and the ease of usage. Upon that most of the third world country people prefer gold, and bonds. Slowly the transformation towards bitcoin and other cryptocurrencies will happen as the digital age is moving towards the new prospects of smartphone culture where everything is happening within the palm.
2432  Economy / Gambling discussion / Re: Cricket match prediction discussions on: March 08, 2022, 09:16:42 AM
I believe that few year’s back no one really cared about women’s cricket, but lately I have seen lots of buzz and excitement for women’s cricket and especially this women’s World Cup has got many male cricket lovers attention. Also I feel that once BCCI follows in Australia’s footsteps, and launches Women’s IPL then they’ll get some crazy attention and funding will no longer be an problem for them.
If BCCI is launches IPL's women version then surely it's going to be great for their women cricket as currently they have some good number of quality players and this case can bring some more good and quality players in limelight with very good financial help and good exposure for some neighboring countries as well as Bangladesh and Sri Lanka.
Already India is conducting a separate league for women Cricketers, but this hasn't gained more importance and it isn't that popular as IPL. Only three teams were in the league and this ends within a short. From the recent information from BCCI the upcoming IPL for women will have full fledged teams, atleast six teams in my understanding.
Women's IPL
With the help of social media and media now some good number of peoples in subcontinent also having some good interest in this game and watching current world cup because three teams involved from here and India is having good chance of qualifying for semifinal but still this game is going to be dominant by big 3 like Australia, England and New Zealand.
These days people from India and around have interest on women's cricket, because often it is possible to see news about Indian women cricketers making some records. Slowly the dominance of the big 3 might change with the rising popularity and progress of the players.
2433  Economy / Economics / Re: Russia can evade sanction through cryptocurrencies on: March 08, 2022, 08:32:09 AM
The approval of bitcoin in Russia has no place to helping Russian economy at this time even if Putin is going to insue licences to mining just because he is under sanction.


Ukrainian Vice Prime Minister Mykhailo Fedorov demand crypto exchanges to freeze all Russian accounts so that the sanction can be effective, but most exchanges did not support this.

Ukraine has no power on exchanges that is not under there watch, not in their country and this is going to be impossible to achieve.
Russia could've made early-stage plans. No immediate issuance of licences on cryptocurrency mining gonna impact or make big changes to get rid of the sanctions. Right now to overcome the sanctions, the right way is to end the war and make talks and conclude with some treaty.

Ukraine on the other side benefits out of the decentralised infrastructure receiving donations and it wanting to have control over the Russians crypto accounts disturbs the true meaning of decentralisation.
2434  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency will not save Russia from sanctions on: March 08, 2022, 07:24:45 AM
Did you  miss the part where tons of companies voluntarily decided to cut ties with Russia? Bitcoin won't help in situation like that. And it's not needed or practical for trading with China or India. They could use it as a reserve asset, but gold has proven itself to be better.
More countries have come out of Russia. On the other side Ukraine have received more than $55 million in bitcoin and other cryptocurrencies. In the received donation amount $15 million have been spend on buying military gears. So, this has been helping Ukraine in some means. The same doesn't assure of making Ukraine recover as before. It needs to grow gradually, with Russia just with bitcoin things won't get on-line. This might help tackle the situation and not the way to overcome all sanctions over Russia.
2435  Economy / Economics / Re: Economic effects after Russia blocks Facebook, Twitter, etc.! on: March 08, 2022, 05:37:24 AM

 Websites can't be banned in this day and age and that has to be a lesson for everyone. I mean our government tried to ban some places as well, but they failed miserably, because we all just used VPN and moved on. Even today there are some websites that are blocked, and we are still using it without a problem. So all in all there is absolutely no way to keep Russian people from using any of these websites, there is no way to keep anyone away from these websites, they will just use VPN and still reach it. Which goes to show you that, all these sanctions could be waltz around and find a better method, and not keep anyone in russia, stay away from rest of the world.
The Websites cannot be banned if we use a VPN service. But what worries Russians most is the rumor that Russia will completely shut down the global internet on March 11, 2022. In March 2019, Russia ran a test of Private Internet, which will disconnect from the rest of the world but keep the Internet working for its citizens. The same way North Korea is doing with its own country. This is really terrible for citizens living in Russia.

This isn't terrible, because they themselves trying to isolate and test. If I'm not wrong every first world country will have this prepared and tested. Only Russia and North Korea revealed it to the world. Before making such tests countries need to analyse whether they can self fulfill their needs without foreign investment and imports. Each and every country have some form of dependence over the other.
2436  Economy / Gambling discussion / Re: Gambling Disorder ? on: March 07, 2022, 11:40:57 PM
Gambling addiction is a big problem around the world. Every country have got its own stance on the issue. In my country state have been given the rights to create it's policy on gambling. During the pandemic more gambling platforms have got existed and this has taken the lives of many people. Even after so many deaths of teenagers the government haven't taken any big step. This looks like the governments will receive funds/regular pay from these platforms.

As mentioned in the OP, de-addiction centre for gambling is a must in every country. As finance is involved, gambling is much connected to the emotional activities. This is why gambling addiction need to be treated at the right time, if not the end result will be very worse.
2437  Economy / Trading Discussion / Re: It seems that more people taking crypto trading as full time job on: March 07, 2022, 11:32:19 PM
Trading is a good way to make a living, but everyone can't be successful out of it. Rather than depending on market signal providers, we should know how to predict. Another thing big capital is a required one, only then it is possible to make a living without getting into big risks. Trading has got risks, and to overcome the same we need proper learning.

Never consider trading as a way of getting rich, some might get lucky to make big profit as a gamble. This won't happen with every user.
2438  Economy / Speculation / Re: If Russia goes full Bitcoin adoption on: March 07, 2022, 11:27:51 PM

I think OP is reffering to using BTC as a mean if doing transactions in and out of the country since most banks stopped working with russia so i guess  it's a great alternative i mean that's why it was created in the first place.
Maybe OP is referring to bitcoin as an alternate, but considering the prevailing situation it is hard. Most of support systems has stopped functioning within and for Russia. So, even if someone wants to buy bitcoin this is going to be a big problem. Even the mastercard and Visa services have been stopped. What we can expect is a long term recovery after the war. There is no immediate impact to happen with Russia's economy even if it goes full on bitcoin.
2439  Economy / Economics / Re: China's strategy on the Ukraine invasion war on: March 07, 2022, 11:22:36 PM
To understand what China is going to do we do not need to predict anything special about this country, since China and USA are competitors in many fields such as economic fields and the USA is on Ukraine's side and China prefer to see Russia damaging nato countries including the USA they will surely support Russia in this war and that's not very surprising about China because they also want to see other countries fighting together while they can do economic development and this war will make the countries produce demand more supplies and China will be sure happy about this situation. So in this theory, I guess China is happy about this war and they will support Russia as well.


This show the china nature in this war too.China will stand for Russia, if the United States start to work for the Ukraine.If the war sustain for huge period, the economy of the Russia will collapse. Then china will give the credits to Russia. Once Russia became a depending to china, China will show is real face.China had use this same strategy with the Srilanka. They gave the loan to Srilanka and get one port from Srilanka for the lease for 100 years.
Sri Lanka is a small country compared to Russia. What happened with Sri Lanka won't happen with Russia at any cost. Russia will make its move with its oil and gas industry. Till date very few countries have the sufficient supply of oil and gas, and there is no big infrastructure being developed for electric and solar energy usage. Russia have taken 17 countries out of its neighbouring countries list, among that China is one of the country.
2440  Economy / Economics / Re: Bank’s failure on: March 07, 2022, 11:12:48 PM
A few years ago I worked at a bank in my area and it sounded pretty bad at it but we can't forget one important thing here.
The influence of the bank is still very large and even though what you say is true, many people still believe in the bank because they do not feel the effect at this time, it is only temporary.
There are still many benefits that are felt by those who believe in banks and that is proof because they are still quite strong in terms of support
The banking system is much followed, because one can reach the respective bank and request support. This works good with a common person who isn't much into technology. The same can't be expected to happen with cryptocurrency, because we don't have physical support centres. Maybe in future this could get implemented depending on the massive adoption taking place.
Pages: « 1 ... 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] 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 ... 344 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!