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2481  Bitcoin / Bitcoin Discussion / Re: I now accept bitcoin payments in my Beauty shop on: December 31, 2022, 12:35:48 PM
The only challenge I face right now is 99% of our customers are female, and most do not have any prior knowledge of bitcoin or cryptocurrency, the ones who do either heard about bitcoin from their partner or social media campaigns but they haven’t given it much thought. It’s popular among the male folk here, I am yet to have a customer pay in bitcoin but it’s good enough to start the conversation.
With time, they will come around it and may likely embrace the option more than fiat. The concept behind the workings of Bitcoin is one enough to fascinate anyone. However, my worry in all these payment with Bitcoin thing is how likely are those who aren't Bitcoin hodlers going to continue to get Bitcoin for the sole purposes of making just payment without using it for basic trading and other stuff. I say this because of the volatility of Bitcoin and how $50 could easily become $20 within hours.
With daily transaction? and with volatility being present? I doubt. Ofcourse there would be more people to choose fiat especially those who are just not into investments and online payments. There's more of a tendency that these two would coexist with one another as alternative mode of payments. Using Bitcoin on a daily basis like with purchasing market goods will just make it more complicated. I guess it would be more of a better option if the transaction is something "special" or is needing to avoid taxes from the government. Indeed every transaction has taxes, but imagine buying an onion with BTC than with fiat. But services as such with what OP is offering, I guess is different and would be a better thing to use crypto as mode of payment.
2482  Alternate cryptocurrencies / Altcoin Discussion / Re: A Fools Gold on: December 30, 2022, 05:46:33 PM
Thanks for this warning, I am sure that it would do many people a favour. I have been careful of many projects in the crypto space, I don't even look at the side of the new tokens anymore no matter the name of the project. One has to be very careful these days that individuals and companies are using legit means to scam.

Anything aside from BTC and ETH is an abomination to me now, I will always do my investment, trading and calculation around the two.
Staying on big names of this industry would be a safer investment especially at the present wherein there's no clear sign of recovery and no one's certain of when will such thing occur in this industry. There are new projects which are promising but if you cannot afford risking an amount to the new ones, that is just fine but if you do, take time to think of which is which. All I know is that if bearish trend is dominant, no matter how good a project is, it won't be able to assure success on its outcome because it will have a high tendency to be pulled down by the market situation. I am also not saying that huge names of this industry are safe from it but atleast they'll behaving bigger chances to recover.
2483  Bitcoin / Bitcoin Discussion / Re: Where is your bitcoin balance at the end of the year? on: December 30, 2022, 05:23:02 PM
Get rid of that cancer exchange before 2023. Do self-custody, it isn't that hard. Are you seriously thinking it's more likely somebody steals your seed phrase than having Binance either bankrupt or hacked, considering that history is full of exchange bankrupts and hacks? If I were you, I'd sell all of it, get fiat in my bank account, delete Binance, and then buy the 0.1 BTC anonymously.
Well, binance is a good exchanger and what happened won't make it certain of the same outcome as what happened recently. But that's just right; an investor should be responsible of his/her funds and storing it to an exchanger is not a good thing to do. But that's just it; nothing more and nothing less. We are all free to use reputable exchangers as long as they function as one of their kind. No need for total abandonment I guess because that will just be a discriminative take, and those who are doing good will be as well taking the damage of other project's fault.

Going back with OP's question, I'am always saving my funds on my personall crypro wallet especially for long term purposes. I am also guilty of sometimes forgetting that I have funds in exchangers but I'd cope up with it afterwards.
2484  Alternate cryptocurrencies / Altcoin Discussion / Re: 2022 Crypto Dead Projects List on: December 30, 2022, 04:45:32 PM
A pretty big number, but I wouldn't be too surprised since crypto is a free and open market. And it's a new market that's not regulated by any regulator, so it's normal for it to be taken advantage of or become a fancy scam space. This is the price we have to pay when we want to be free and decentralized.
It can be said that this year is the worst year of the market, we have too many collapses and heavy impacts from the world economy. Hopefully, everything will pass soon and the market will recover soon.
Worst? I doubt. As far as I know there were more projects being released before, way back 2017 wherein there are many campaigns on different project fields but only a few remain such as with gambling projects. Thus, such thing on my end is just normal depending on the market situation. Just think of how many projects are being introduced or released in the market and also, consider checking the ratio of those which failed and those which succeed. It is either good projects in general or just had boost on popularity, for those whoch succeeded. And to those failed projects, it will be the opposite but most of the time, it would rely on popularity of the project itself why it failed or succeed.
2485  Bitcoin / Bitcoin Discussion / Re: An BTC Assumption on: December 30, 2022, 04:05:01 PM
Regarding OP's stated scenario, If ever I'd be waking up in one morning and see that my funds are gone, I'd probably check the transactions and if it is transferred to another wallet who I'm not familiar with, that would be it. Acceptance would be the only way out as well as knowing what could have wrong. I won't hope that funds will be returned especially in this industry. Best way is to just learn from it even if it is not an easy thing to do.
Let's say you wake up in the morning only to find out your wallet has been emptied. Your savings are all gone.
But you were following all the security practices you can possibly can, like generate everything offline, good entropy, not using brain wallet and so on and so forth.
Too late to cry over spilled milk, best thing is to ensure that it doesn't repeat itself. And how do you ensure it doesn't repeat itself is by trying to breakdown and understand how you have found yourself in that situation, so you can best avoid it when you choose to begin getting bitcoins or whatever coins you lost again. I don't think one bad experience should make you change your mind about bitcoins even if you lost all you had. Get up, dust yourself and make better security plans because if you had done everything correctly, your wallet will not have been emptied.
Regrets and frustrations won't be helped especially if you've lost something that important. But as I've mentioned, knowing what could possibly go wrong would lessen the burden especially if you are at fault for such instance. And if not, try seeking for possible reasons why such thing happened and try to contact the management of your wallet to somehow see what can you do to simply help oneself.
2486  Alternate cryptocurrencies / Altcoin Discussion / Re: Interesting events in 2022 on the crypto market on: December 30, 2022, 03:33:19 PM

Image: https://www.coingecko.com
What event do you think has the most impact on the cryptocurrency market in 2022?
The next year will be even more fun, because a lot of questions arise with the regulation of the crypto market. But there are also positive things that many companies that make the best computer games are starting to intergrate with popular blockchains.
Event which has the biggest impact? I guess that was the downfall of terra because that was also the time wherein sources of profit in forms of p2e and nfts, also started to struggle. After that, we've seen more projects which had problems prolonging their platform in this industry  But I am not trying to blame everything from what he's done. The market is just that uncertain and many things could take place in an instant for both positice and negative situations. Maybe, it is a factor that many projects became alarming to the investors, which yield to low overall activity in this industry. Whether it would be able to recover or not, depends solely with the things which would take place for next year.
2487  Economy / Economics / Re: What was your lowest point financially? How did you go through it ? on: December 30, 2022, 02:52:37 PM
Third Quarter of this year was my lowest; many p2e's "died" which made me struggle financially since I was not yet employed back then to support my needs. I simply focused on what I have and somehow boosted myself to apply for a decent job which helped me to be back on my feet and to this industry. Such thing simply showed me that despite of the huge profit from this industry an investor could earn, a stable job would still be necessary for us. Problem is that many people here are blinded by stories wherein there are investors who made millions out of this industry but are not aware of how many quit halfway. Things aren't easy and you need to balance things out.
2488  Bitcoin / Bitcoin Discussion / Re: Is Pure Bitcoin Speculation Dead by 2023? on: December 30, 2022, 02:28:34 PM
Speculations are undending but it is just that the next anticipation of price increase is on 2024 because of the upcoming Bitcoin halving. But everything's uncertain; there may be things to occur which could boost the market value of cryptos next year and it will not solely depend on what is being assumed. Same thing with expectations of high market value; the opposite may happen. This is simply because market prices are dependent with demand and it happened that demand is changing from time to time depending on factors which could affect the interest of investors.

Maybe for now speculations are rather silent but not dead I guess. Once there are things to happen for next year, there will be changes with speculations at the present, either positive or negative, towards this industry.
2489  Bitcoin / Bitcoin Discussion / Re: Have you taken lessons? on: December 29, 2022, 07:03:45 PM
I don't feel any rage. And this year taught me to focus more on Bitcoin and not to make any predictions. Everything can go drastically wrong because of random or not so random, but unknown reasons.
Not to make any prediction is far different from being patient with the market behavior. Indeed the market is volatile in nature but to let things slide would be different. Making assumptions still is better because it would llow an investor to gauge situations; the current market behavior is still profitable if you'd be able to know when will the market price fall and rise through futures trading and scalping. Not unless you're into long term holding, speculating the market will be always needed.
the lessons I learned include not keeping my investment assets on the stock exchange. keeping it in a private wallet is safer. because full control is in our hands. before the FTX bankruptcy occurred, I still often kept some of my long-term investment assets on the stock exchange. and stake it only to get a meager profit per year. But now I no longer do that. because I'm afraid that what happened to the FTX exchange could happen to the exchange where I usually buy and store my crypto assets.
Well, this is just the least you could do as an investor which is to be more responsible of your assets. Always be aware of the possible worse case scenario to avoid unexpected things and negative market behaviors which could yield to profit loss or damage to your assets. This simply includes the way you store your capital.
2490  Economy / Economics / Re: The poor people with their reasoning on: December 29, 2022, 06:35:52 PM
In terms of investment, capital or capability of an investor would be a bottomline. No matter how big your drive is, if you cannot endure market downfalls, then for sure this industry won't suit you. Everyone's aware that you should only invest an amount you can afford to lose but only a few could do it on the actual. Question is; are poor people advisable to invest in Bitcoin? On my end, it is not a good thing to do so. For sure people who have a tight budget would need stable income in order to have time for investments. The idea of this industry for being profitable is indeed tempting but if you'd push your luck hoping to be rich in an instant, loss and regrets are more likely to happen.
2491  Bitcoin / Bitcoin Discussion / Re: We have been told: Invest only Extra money in bitcoin on: December 29, 2022, 04:57:43 PM
Unwritten rule I guess, not only in this industry but to all types of investment. In any investment, profit is not assured most of the time, especially in this industry wherein market prices are volatile or changing from time to time. Losing is the only thing certain especually if you won't be having the right guess. The idea of investing only an an amount you can afford losing is ideal. But think if there are even people who does it. Ofcourse all of us are having high hopes of earning profit from doing so, because why would you even invest into something if you are not having assumptions that you'll get something from it? Money is just tempting that it would abide our personal boundaries or limitations set for ourselves.
2492  Economy / Gambling discussion / Re: Betting Types Newbies Should know About on: December 29, 2022, 04:07:20 PM
There are many betting strategies not to add martingale which is known by many of us. Given that there are various bettinf types, what I think would matter is the betting capability of a gambler. Winning is not certain in the first place and betting strategy could only slow down your losses. But if in the first place you can manage the amount you are about to gamble, you don't need to worry on such thing.
Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.
For this one, it is also known as COMBO or MULTI and it is more profitable if all the choices at stake win.
One can choose several matches or several betting options and make them in one bet. This combo itself actually has more multiple profits and can bet small but with big wins.
Usually beginners prefer to do combos in the hope of winning even more money.
Multiple bets? for sure there would be high returns but also, bigger losses if you won't be fortunate enough to get the winning bets. So I guess this should not be advised to the new ones in this industry. If it happens that all of your bets would lose, that would be dealing a huge damage on your capital, in an instant.
2493  Economy / Gambling discussion / Re: Responsible gambling on: December 29, 2022, 03:17:08 PM
You are truthful to yourself that is why you are handling it and it is not ruining your life. Addictions are harder to control for those who do not accept that they are really addicted to something.

Any of you guys uses the responsible gambling feature? If so, what do you think about it? Is it helpful or does it only give you a sense of control
Features like Responsible gambling are designed to help and so far, it is helping you, means it can also help someone, which is why I would like to ask you on which account did you activate the responsible gambling feature? Was it on your bank account, or your gambling account? If it is a gambling account, is it a common feature with all online gambling platform?
Addiction is not something planned or being accepted. It occurs naturally because of the drive of a certain individual. Ofcourse everyone wants to avoid addiction but why does it seem that many people are being addicted not only to gambling but also to other activities. It happens because they are unconscious of what is happening to them. Most of us planned to play in this industry safe from being addicted into it. What becomes a problem is the reality that some players are just too hooked up with the idea that there are players who became rich in an instant which often yield to debt, which makes them more eager to continue olaying despitw of huge losses. This is where professionals enter but that would require initiative from the players once they are aware that they are being too hooked up with gambling.
2494  Economy / Gambling discussion / Re: Cashless Gambling, your thought? on: December 29, 2022, 02:55:54 PM
Cashless gambling refers to the mode of payment and that is different to what platform would you engage yourself with; landbased or online casino. If you'd engage with landbased casino even if it accepts online payment, it will still be tangled with the government. But in online platforms, many of the gambling sites are crypto based, I think, because of privacy concerns and convenience with transactions. It will just depend on your preference as a gambler and as an investor.

I think this type of rule has already been implemented in many gambling-friendly countries. It's not just to make the transactions quick and easy but also for their government to have all of those records accessible for their data and safekeeping.
There are pros and cons to this type of ruling for a local government and those that don't like it don't want to handle it too easily to the government that they've got a gambling record. Still, plenty of options for them, thanks to crypto gambling as there are still casinos that don't ask for kyc immediately.
I think it is just an alternative mode of payment and there's nothing more to it. Most of the transactions in the first place, and at the present are now made possible through online payments . But if you are avoiding taxes, crypto-based gambling casinos would be a better option.
2495  Economy / Gambling discussion / Re: What are the motives that drive you to gamble? on: December 29, 2022, 02:12:25 PM
Money. For sure many of us  have the same drive. But also, there are people who are gambling for entertainment purposes and most of them are the rich ones. Those who has not much of money are mostly hoping of becoming rich in this industry maybe becausee of the impression created by this activity to those who are non-gamblers. This might be because of those gamblers who made fortune out of this industry. Problem on the other hand is that; the number of people losing are way bigger than those few people who won big time. Going back with the drive, despite of the unfortunate relaity in this industry wherein many are losing and still being addicted into this activity, it simply shows how addictive an activity could be as long as there's money involved.
2496  Bitcoin / Bitcoin Discussion / Re: Saving: If not Bitcoin Wallet then House for Fiat. on: December 28, 2022, 05:58:10 PM
For sure there are various types of investments. So if you have the money to do so, you are free ro choose qhich one would work on your end. Putting your money at home would also put it to risk of not being able to use its maximum value. For instance is inflation. The things you could buy in a $100 bill was more before than to what it could at the present. Putting it into this industry will open a new risk concerning volatile market price. So I guess it is a matter of choosing your own poison or medicine.
This is an awfully bad idea. Keeping fiat money at home makes it easy to be stolen by thieves. Keeping fiat money at home means that if the home burns down the money is also gone. Even more, at least in Europe, fiat kept in banks is "insured by the state/government" until a limit of 100k/person/bank.
Keeping fiat at home will cause many troubles. If the house burns along with the house the money is also lost. Cockroaches like cash, if fiat is locked for a long time cockroaches will feed on them. And holding a lot of cash in a house can also be a reason for robbery.

I don't know about Europe but some countries banks give a small amount of commission every month to keep fiat in their bank.


I'd agree with physical risks with regards of just storing it at home. It could be prone to attacks from mouse, cockroaches and such which could cause a downside to those people who managed to be patient deslte of the negative market situation
2497  Economy / Speculation / Re: ELON sold his TSLA stock for $3.5billion. Will he re-buy BTC soon? on: December 28, 2022, 05:14:55 PM
There are chances that Elon would engage to this industry especially if there will be a clear trend on the market. But if it is for shallow purposes such as for bragging and such, I think that would be impossible. Musk is an influencial and rich individual both inside and outside this industry.


What do you think? Is this time for BTC bullish again? Or Elon preventing from 2023 Global ressession by sold % of his TSLA stock?

Or... Will he buy dogecoin now?
It is possible that he will come back to buy Bitcoin or Dogecoin. But I think the sale of Tesla shares has more to do with new projects on twitter. Be it financing for the next stage or there is a problem to be solved that requires a lot of money. But I believe Elon is running a new project that costs that much, not to buy Bitcoin or Dogecoin.
Surviving the economic downturn is now very difficult for every investor. In this condition it is also very difficult to guess what could be the reason for such a decision of Elon Musk. Maybe he is now using a strategy that can lead to huge profits. What can Elon Musk do when the crypto market is long bearish? Will he sell TSLA stock and buy Bitcoin? Or is he working on raising capital for another business? He might be thinking of something better for Doge Coin. Everything is dependent on assumptions. I think these are business strategies that will never be revealed. Finally, it is very clear that he could not profit after buying Twitter in recent times. Maybe he is trying to fill this gap by selling TSLA stock.
It is more likely that he won't transfer some of his assets into this technology. What's more likely to happen is for him to use his resources and extra funds to cope up with crypto adoption. Since he has the money and influence, it would be easy for him to create a wave in this industry leading into profit on his end.
2498  Bitcoin / Bitcoin Discussion / Re: Advantage of accepting bitcoin in business on: December 28, 2022, 03:32:45 PM
The only advantage I guess, accepting Bitcoin as a mode of payment in a business is the chance of earning 'more' during bullish trend in this industry. Problem is that things would be double edged. There is a tendency for bigger profit but as well as losses and lack of sustainability with the business itself. If it is a business wherein labor or professionalism would be paid, I guess this would work efficiently but if it is a business concerning general sustainability; needing stocks to run the business, there might be problems. Ofcourse the business owner would refuse to use the funds in order to process circulation within the business, for sure bankruptcy could be possible to occur afterwards, especially during market downfall.
2499  Economy / Economics / Re: What is your biggest obstacle to achieving financial freedom ? on: December 28, 2022, 02:54:14 PM
The first and my largest barrier to earning money is capital— the actual money. We are unable to move or carry out the first steps of our business plan without money. Due to rising prices for goods, there is also no way to make a living. Lastly, there are no employment opportunities because no employers will hire me at my current age, making it difficult to make even a pennies.
A more logical obstacle. There are many ways to earn profit but the usual problem is the start or where would people get or start their journey. Another I think which could be an obstacle are regulations by government concerning taxes which lessens what people are actually earning form their job nd investments. Last obstacle i guess concerning financial freedom is, oneself. Many people have the drive to seek for money but not all people are willing to take the risk or every opportunity to earn. It is our action which would matter. This may also be related with employment issues you have mentioned. There are many ways to generate profit but there are just people who are choosing to complain more than to grab those chances.
2500  Bitcoin / Bitcoin Discussion / Re: Your experience with bitcoin in 2022 and your expectations come 2023. on: December 28, 2022, 02:02:19 PM
We've all seen the ceiling price of tokens at the present in this year, and also the deepest after bullrun. Huge losses and huge gains were experienced by many investors of this industry for this year. And for next year, I guess things won't be instantly be recovered or regained with momentum. The issues which contributed for the downfall, are still existing at this point which for me makes sense to not that much. I do more expect wn increase in 2024 because of the anticipated bitcoin halving but a year of no increase is such a long period to wait for us investors. If there will be things to boost the market price of ceyptocurrencies for next year, ofcourse that would be better to avoid the same thing of 2018 downfall wherein the market is down for more than a year or two.
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