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2481  Economy / Speculation / Re: what now ? on: February 05, 2023, 09:21:59 PM
It wasn't able to stay at $24k for that long and now steps back to $22,900. And, that's totally okay as we have to see these reversals which mostly happen after the pump happens.
There's always the pull back that we should expect when we see some surprising pumps just like what happened for the past week. But this time, if this pull back continues up to below $20k then that's a different story.
The reversal to 22,900$ is an important signal to be noticed, since it happned in the beginning of a new week, so it might indicate a new bearish tendency or simply a corrective tendency to absorb the fast upside fluctuations from January to more realistic levels, although I hope it's just a bear trap, so the scenario will be reverted suddenly once again, to the previous positive trend pretty soon.
2482  Bitcoin / Bitcoin Discussion / Re: How I decided to buy some fractions of BTC after discussion with members here on: February 05, 2023, 08:36:57 PM
Exchanges, such as Binance or Bitstamp, are generally safe, and chances are that you'll have no issues with their services; they are also newbie friendly.
For small amounts of money invested I think it's not a big issue to use exchanges, since the investor is confortable following KYC procedure, but once the investment gets more serious and larger sums are invested, I think a physical wallet comes in handy, as it's also newbie friendly, but much safer, having as only cons the costs of acquisition. That is part of the investment anyway, and on long run it's cheaper than paying 50,000 satoshis on every withdrawal from Binance.
Yes it is not a bad thing using exchanges as your wallet and it is more convenient to use, but then we should be careful and turn on all the authentication settings of that wallet. Maybe he should learn not to put too much money in an exchange for safety purposes only. Many people get hack because they failed to secure their money in an exchange or wallet. Hardware wallet can be useful too.
To setup a 2FA as soon as possible is also a must, it's true. However, in case the exchange itself scams their users, it won't make difference anyway, so it's really advisable he/she cashout the coins to a safe offline wallet before accumulating a considerable sum of money idle on the platform. This way he/she will be safe from potential third party hacking attempts and also from the potential event of being scammed by the exchange.
2483  Economy / Gambling discussion / Re: Can anyone tell me what is the best way to gamble w/ BTC on online casinos? on: February 05, 2023, 07:46:23 PM
What have you found works best? What does not work? I guess I am looking for a sort of "cheat sheet" if you will. If that even exists.
You are probably looking for "betting systems" to try on bitcoin casinos. There are some websites which show us how each system works, although none of them have brought consistent long term results to gamblers.

Information on Gambling Systems & Strategies

This one above seems pretty complete. There you will find informations about Martingale, Labouchere, D'Alambert, Paroli, Fibonacci and more.

And as the website states:
Quote
There is no system that will guarantee winnings in the casino.



If you are looking for crypto casinos where to bet I believe there is no mistery on this. You can check our signature campaigns for the best crypto casinos available on the industry, just be careful of 1xbit.
2484  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NFT/METAVERSE price movement, prediction and discussion on: February 05, 2023, 06:19:14 PM
-cut-
Third possible reason would be the hype of NFT's are now over. We can confirm this more once the whole crypto market have recovered from the bear.

I am guessing third one wasn't the reason. Many nfts are thriving way better then most altcoins out there. Some have even outperformed every altcoin in this bullmarket in terms of mint to current price.
Many of them have fallen but it would be very unhealthy for markets if every crappy nft or altcoin out there would just go up. That would indeed smell like a pyramid scam from miles away.
Yup, I think the NFT hype went down with the overall market bear cycle rather than a good reason.  NFT is still a new movement and it still has the potential to explode.  A series of famous brands are investing in converting to NFT, perhaps in the near future it will be Amazon.  That means NFT will have more time to develop, optimally suitable for growth and development in the future.  It solves many nooks and crannies in which the economy is standing.
Most NFTs being promoted are interesting acquisitions for the fan-base of the respective NFT product in advertisement, but for the rest of investors it's pretty useless. They don't offer benefits for holders in general, like Trump's NFTs for example. One of the rewards was a presential dinner with Trump, but that is very restrict to only his most hardcore fans, and citizens from US or foreigner millionaires and billionaires. So, why would anyone else purchase his NFTs, besides for a temporay boom in price? The same could be said about NFT collections from other celebrities.
2485  Alternate cryptocurrencies / Altcoin Discussion / Re: Fake paid promotions on Twitter on: February 05, 2023, 06:02:51 PM
Well, he is simply living up on his own terms, as he promised he would. Frankly, do you expect anything positive from a guy like this?



People looking for legit financial advices must follow others who are on their same purpose of life. Serious people who are committed with the quality of the content they promote and the results of their work futurely. There are very few people like this on the internet nowadays, but it's possible to find, especially minor channels which don't get hyped by the algorithms of Twitter and Youtube.
2486  Bitcoin / Bitcoin Discussion / Re: How I decided to buy some fractions of BTC after discussion with members here on: February 05, 2023, 05:10:01 PM
Exchanges, such as Binance or Bitstamp, are generally safe, and chances are that you'll have no issues with their services; they are also newbie friendly.
For small amounts of money invested I think it's not a big issue to use exchanges, since the investor is confortable following KYC procedure, but once the investment gets more serious and larger sums are invested, I think a physical wallet comes in handy, as it's also newbie friendly, but much safer, having as only cons the costs of acquisition. That is part of the investment anyway, and on long run it's cheaper than paying 50,000 satoshis on every withdrawal from Binance.
2487  Economy / Gambling discussion / Re: Interesting Facts About Online Casinos on: February 05, 2023, 04:45:02 PM
FACT 2: At any time, 1 in 10 internet users is gambling.
11% of internet activity worldwide is made up of gamblers using online casinos.
Considering 5.16 billion people in the world access internet, according to this data, it means 567 million internet users in the world are gamblers. And only 64% of world' population is believed to access internet, so there is another portion of gamblers among the rest of 36% global population who are also gamblers, but at land based casinos exclusively. Very interesting numbers regards the imposing gambling adoption worldwide.
2488  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Bearish market the right time to buy coins? on: February 05, 2023, 03:45:35 AM
Those individuals who are newbies will not have such idea about bear and bull market but you can get these information and all other informations about price prediction by joining the Telegram group.
Every crypto investors, and newbies in special, should be careful with such Telegram groups, because they may be operated by scammers or impersonators. By following the wrong predictions from self-proclaimed crypto experts can lead investors to partial or total losses of their portfolios. So analyze very well what groups you are joining, to who they belong and if it worth to follow the signals shared there or not.
2489  Economy / Speculation / Re: Is Bitcoin Heading Back To $23,000? on: February 05, 2023, 03:30:03 AM
Yes, we are back to the 23,000$'s. It's still hard to maintain the price above the 24,000$ line with stability, but I believe it's just a matter of time until it does. If bitcoin were going to have the currently positive trend reverted, I believe corrections would be dropping bitcoin to lower levels, rather what we see is bitcoin pretty strong above 23,000$ price range. I'm optimistic by the end of February bitcoin will be above 24,000$ once again, maybe at 25,000$, with the improvement of global economy and inflation under control in US and Europe.
2490  Bitcoin / Bitcoin Discussion / Re: Investing in Bitcoin with Tiffin money of my college life. on: February 05, 2023, 01:02:12 AM
0.006BTC is a nice amount to start investing. If you have long term goals regards bitcoin and want to invest through DCA method, it's highly suggested you acquire a Ledger or Trezor physical wallet. You can order it online and receive at home. That is a simple wallet to setup, as there is a step by step tutorial, and very safe at same time. And next time, maybe you can acquire bitcoins from a direct trusted seller on this forum (P2P), so you save on transaction's fees which are pretty high for my taste in Binance (50,000 satoshis).
2491  Economy / Economics / Re: How to thrive with low income in a humble area - part 2 on: February 04, 2023, 11:54:51 PM
So basically your tip to people is to get money by working? Sure, but don't you think this is little patronizing? That people wouldn't have thought about basic jobs you describe?
Many people want to work, but don't know from where to start. Some hints are welcome for who is lost, I guess.

That is what was taught to me by an experienced friend, and now I'm passing it ahead, maybe it can worth for someone else as it was a worthful experience for me.

This feels like contradiction to me, I mean why would somebody lend you money if you have no stable income to atleast ensure the lender that you are going to pay it back. Well atleast for me, I need to have that kind of insurance that the person Im loaning my money to has the capability of paying back what he ows me.

There is no such thing as lending people cash out of good will unless you are pretty close
Well, it will depend on how people nearby see you, including your family members/close people.
2492  Bitcoin / Bitcoin Discussion / Re: Act local and think global on: February 04, 2023, 11:45:02 PM
The same thing goes out to all of us on here, every part we take locally will have a big impact on Bitcoin adoption, never get tired of spreading the news, it's worthy.
The difficult when promoting bitcoin locally is that local people usually lack interest or necessity of doing global transactions. They are fine with fiat payment system and their debit/credit cards. Also, they don't get inspired by having their money in self-custody, that is, on their own hands the whole time. They are fine with banks taking care of it (or it's because they don't even have money at the bank). So depending the approach they don't get interested in btc.

I believe the way to persuade them to adopt bitcoin is the profitability potential on long term, but then, we have to ask ourselves, does it worth to promote bitcoin this way? Huh
2493  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: February 04, 2023, 10:55:59 PM
Kamala, Nancy Pelosi, AOC.etc are politicians with very high unfavorable ratings. And those ratings have a lot to do with their policies and allegations of corruption rather than being a female. If you want to look at female politicians with high approval ratings, look at senators such as Tammy Baldwin, Maria Cantwell and Maggie Hassan.

BTW, I don't think that we need to debate on the suitability of Kamala anymore. Biden is very close to announce his intention to run for POTUS 2024. Check this article from NY Post:

https://nypost.com/2023/01/07/joe-biden-all-in-and-readying-launch-of-2024-campaign/

Given his approval ratings (40% to 45%), I would have expected him to step down and pass on the baton to someone like Pete Buttigieg or Gavin Newsom. But given the pathetic state of the GOP right now and infighting there, even if the Dems nominate someone like Kim Kardashian or Justin Bieber, they will win easily.

All those three are white women, and kamala is not, neither AOC, which is why people dislike them and nothing more. You want proof? One of the people you named is leading the LGBTQ+ community in congress right now, as far left as it gets idea and not even supported fully in democrat party, and she was seen as "acceptable" to you. Kamala is not leftist, not at all, AOC is, there is a difference between them, and Bernie is even more left than AOC, and yet like I said neither Kamala nor AOC was seen acceptable whereas Bernie was, there is absolutely no idea aside from them being women of color that prevents their nomination being acceptable.

But I digress, Biden will be nominated again, and he definitely lacks the brain capacity to run a nation and yet for some reason or other, USA will pick him again, interestingly the correct choice to make, a brain dead Biden is still better than Trump for them, I would agree.
I don't think USA has any bias about having a woman as president. All these women mentioned are democracts, so naturally the conservative portion of the country won't vote for them, not because they are women, but due to their globalist agenda.

If there were a woman candidate in the form of the italian prime minister, Giorgia Meloni, I believe that hypothetical woman would have chances of replacing Trump, gaining support from conservative voters towards the White House. The liberal portion of the country wouldn't vote for her, though. And again, not due to her being a woman, but due to her being a conservative. Cheesy
2494  Alternate cryptocurrencies / Altcoin Discussion / Re: Scammers are good at using the most hyped utility on: February 04, 2023, 10:07:18 PM
Of course scammers would use anything that they could in order to earn that is what they do for a living.
It is our job as an investor to know which one is real and which projects are fake.
Most of the time they are successful due to the investor's greed, they would try to imitate the successful or trendy projects with a lower entry price so that the newbie's would jump on them.
This might be true, there's pattern in regards of some of the shitcoins that was created and I think it's true that some of the shitcoins might be coming from the same team for money grabbing.
they are keep creating more and more shitcoins hoping that some might fall and "invest", it's more rampant in meme coins where every day quite literally there's release of new meme coins because meme coins are already shitcoin in the first place so they don't have to get too invested in creating whitepapers etc.
In a speculative market there will be always demand for such products, even though a portion of investors know what these investments are about and invest anyway, hoping to be early adopters, so they can make some profit before the scheme collapses, just like the mindset of hyip programs' early investors. I won't deny there is chance of profit on such investments, but due to the lack of fundamentals and solidity on these projects, personally I prefer to avoid them.
2495  Bitcoin / Bitcoin Discussion / Re: Why bitcoiners are not friendly physical? on: February 04, 2023, 10:00:12 PM
Bitcoin enthusiasts are simply protecting their physical integrity. We are talking about a very valuable asset, and there are people who are here since the early years of bitcoin. Naturally they may bring for themselves a lot of undesired attention from criminals looking for easy money. Imagine the risks of meeting for real unknown people they know virtually in a bitcoin forum. Unless they trust the person they are going to meet through long years of acquaintanceship and online negotiations, I think it's really not a good idea.

And it's not about being unfriendly, because you can be friendly with people without knowing them in real life. It's about caring for their own safety.
2496  Economy / Gambling discussion / Re: Online Casinos Want you to Gamble Responsibly on: February 04, 2023, 04:40:12 PM
I don't believe online casinos enjoy seeing a gambler lose money. I'd like to believe that they only want responsible gamblers to patronize them.
Smart casinos will always try caring for the mental and financial health of their customers, not only (and maybe not exactly) because it's a moral matter, but because a healthy gambler is much more profitable for the business, since he will maintain a frequent activity on the platform on long term, while a problem gambler may spend tons of money at once, but won't be able to come back to play again, since he will be bankrupt and restricted from gambling.
2497  Economy / Economics / Re: How to thrive with low income in a humble area - part 2 on: February 04, 2023, 04:34:56 PM
All of the suggestions are regarding the humble area, why keep it there? The world is getting more and more closer to each other thanks to internet and now that we have bitcoin even payments are easier to be done. I would highly suggest checking back o the suggestions that said you could earn a lot online, specially in the crypto business world. It was a serious suggestion, imagine living in a place that could spend 150 bucks a week to live a good life, and earning just 100 bucks from signature campaigns, that means you gotta make just 50 bucks a week to survive, and whatever on top of that should be profit. Now, I am not going to tell you its easy, but making more than 50 bucks a week? Thats quite possible, more than possible and you should be able to find how to do that if you search enough.
Yes, for those who have access to signature campaigns while living in such places it's a very profitable income, however spots are limited and scarce, so there must be another earnings methods for people who are also struggling and looking for opportunities, but can't think in anything feasible so far.

Besides signature campaigns, I don't know any other way people can start working immediately, anytime and without high proficiency in specific skills to make an income in crypto industry which doesn't involve high risks.
2498  Economy / Service Discussion / Re: Crypto lender Celsius mulls possible restructuring amid financial woes on: February 04, 2023, 03:34:45 PM
My understanding is that Celsius had a small number of one-time events that caused it to become insolvent.
Perhaps. But they also operated as a Ponzi for months while insolvent, lied to all their users, used users' funds to pump their shitcoin, all with Mashinsky making sure to cash out his own profits prior to the bankruptcy. They are rotten to the core.
I really would like @PrimeNumber7 were right on this one, but it seems the roots of the issue are much deeper than a small number of one-time recent events.



Unfortunatelly the court didn't consider these tweets as evidence of misleading advertisement from Celsius and Mashinsky, which directly contradict those terms of them used by the judge to decide money from depositors belong to the company. Maybe there is still hope in the case NY Attorney General is moving against Mashinsky personally, although that is not the kind of expectation I nourish regards justice system anymore.





2499  Economy / Economics / Re: How to thrive with low income in a humble area - part 2 on: February 04, 2023, 03:25:30 PM
You contradict yourself. How can people who do not have a job, and therefore extra money to buy certain products, afford to buy them?
If you don't have an initial investment, which is required for the first two examples above, you can try asking the seller for a payment period.
Or take a small loan from a familiar or friend with low or non-interest rates, or like you said:

I believe that the only way out is to enter the labor force. Selling yourself as a one-time wageworker is the most realistic way out.
So this will proportionate initial financial conditions to invest on the methods presented on the two first examples.



To organize any kind of sale of products, and I think you have semifinished products or baked goods, you must be sure that you can sell them. That is, the product will be in demand. And this product must be unique or very cheap, which again makes it meaningless to spend on it.
Yes, it has to be in high demand and be cheap, so you profit in the quantity sold to different people. I highlighted food, because it's in constant demand, so you can come back to the same person to sell again every few days or once in a week.

The same with the scheme: buy low, sell high. You didn't come up with this scheme. To buy a batch, you need money—free money. Does an unemployed person with a low standard of living have it? Anyone who wants to buy cheaper also knows the way to cheap markets, and in order to interest the buyer, your product must be very cheap.
It was mentioned above how to acquire the money to start the methods. That is nothing impossible or from another world. Batches can be bought in small amounts, if there is little money available.
2500  Economy / Economics / How to thrive with low income in a humble area - part 2 on: February 03, 2023, 11:48:00 PM
On the previous thread, How to thrive with low income in a humble area, we have talked mainly about saving strategies in order to accumulate funds at the end of the month for investment purposes. However, to save money is only the first step towards prosperity.

It was pointed out income must be raised and built, since many are unemployed in such areas, therefore they can't save anything.

So, let's think together what people can do to build new sources of income, without the need of high educational backgrounds:



Work with food manufacture: food is essential in every human beings' lives. You can buy raw materials, cook it and sell more expensive. Even though people don't have money to spare, they can't stop eating and many aren't willing to cook by themselves, so they do the sacrifice of spending on food.

Check what people are willing to buy for daily meals, and then if you can provide it to them.

You don't have to sell it expensive, anyway, so you will have more customers in a frequent basis. Sales can be done from door to door on the neighborhood or the entire city. Going to other cities with a large stock is also an idea, but fuel/tickets' costs must be taken into consideration.

Personal example: I bought manioc direct from the farmer producer. Washed it, peeled, cut, pre-cooked and freezed in packages of 0,5kg. Since meat is more expensive, people tend to prefer the manioc to replace it, due to low costs. So it's easy to sell.

Resell goods (also food): you can buy goods and even food cheaper and resell it from door to door with a profit margin for yourself. It's possible to import goods or buy from your country to resell. In my opinion this method is already saturated, because there are many importers, but with food it works better, if you have a quality, tasty product and can acquire it for cheap price.

Personal example: bought pieces of cheese (0,5kg) directly from producer to resell and put a competitive price compared to supermarkets' ones.

Develop a good relationship with the neighborhood and offer your handyman services: there might be earnings' opportunities where you least expect. If you have contact with people around and tell them you can execute tasks for extra income, they will call you at some point, especially elders who have more limitations. It can be to make a delivery, paint a room/wall, cleaning or maintenance services and so on...



These are just few examples, but there are more ways to build an income in your area. If you don't have an initial investment, which is required for the first two examples above, you can try asking the seller for a payment period.


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