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2481  Economy / Economics / Re: Why should i invest in bitcoin or other cryptos ? on: March 05, 2021, 04:15:42 PM
You have to understand bitcoin is quite different than traditional investments, so don't consider it with land. It's a different type of investment. Risk is very high and profit is also quite high. So, you have to choose if you want to involve in that type of things or not.

This is true in many ways. In bitcoin, don't find your dividend because it's not how that works. In investing in bitcoin, you hold your money, you control your money; you can decide anything as long as it's yours. Investing in Bitcoin is high risk since its price is volatile, but there are findings that bitcoin's volatility rate is decreasing. Still not the reason to be complacent.
I am seeing the bitcoin's volatility as a potential or a good factor but maybe a bad factor for some people because in bitcoin you can earn profit or money by its volatility in which if the price of bitcoin goes up then for sure your money will go up also but when bitcoin is down then your investment in bitcoin will be down also. Always remember that investing in bitcoin is not like buying a land and wait for several years in order for it to goes higher, it is different on bitcoin or cryptocurrency because even though it may take some years, if the price of the bitcoin remains stable then the money that you've invested in crypto will remain the same.
2482  Economy / Economics / Re: Covid-19, Lockdown and repercussions on: March 05, 2021, 03:46:51 PM
The pandemic in my country is profoundly affected by the economic lifestyle of the economy, and even everything has changed since the corona virus struck from its essential everyday material, increasing the price of many unemployment, where schools are shut down no matter where family economies enter, and in what total lockdown. So the country will be decimated. I think lockdown is not a solution, but I don't know how to deal with this pandemic either. I also want this to end as soon as possible
Actually almost all of the countries are affected by this lockdown in which it really brought as a disaster in which many big establishments has been closed due to bankruptcy and many people lose job because their company closed. If you are talking that lockdown is not a solution about this pandemic then what would be the proper solution that our government must do? I think this is the proper way in which because of the lockdown we lessened the number of covid patients and many people stock on their houses in order to prevent the spreading of the virus.
2483  Economy / Gambling discussion / Re: Did anyone try gambling trips? on: March 04, 2021, 04:51:51 PM
I've try some gambling trips in which I am invited by some casino in order to represent them in some tournaments but I didn't try to fly over some countries just to play and gamble, I used to get some invitations on some casinos here in our country just to represent them and it was a good and happy experience due that you can meet some players who is better than you and probably best than you. If I would be given a chance to play in Vegas then it would be a great experience for me though.
2484  Bitcoin / Bitcoin Discussion / Re: Let satoshi talk to us. on: March 04, 2021, 12:20:48 PM
I think it will be a good ideas if satoshi will give us a speech on his innovation,I will kindly like yo hear the speech or comments of satoshi about bitcoin, I don’t have a particular point to mention here, He should generalize his comments in all part of his innovative(Bitcoin) this will take bitcoin to $100k and more. Every one will link to see what will happen.
That would be really great if Satoshi will give us a speech on how he invented this bitcoin and what are the things inside on his/her head so that it may inspire us on his motivation and and thinking but the thing is that on the last decade we didn't hear any speech or any information about the identity of this Satoshi so it would be hard for us to know if he/she will choose to reveal his/her true identity and if that comes we will not be able to be sure if it is really him. I am waiting if that time comes that we will be able to hear some speech about his innovation.
2485  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth gas fees and investing on: March 03, 2021, 08:04:06 PM
I am not a technologist, let alone a programmer, just an investor and trader.

What do I need to know about Ethereum's high gas fees? I'm hearing some say that this could sink Ethereum. How exagerrated is that?
You need to know first the gas fees because when you input a money into the platform you need to compute the funds and the fees that you want to transfer in order to invest or to trade so that you will know how much you will be able to get in order for you to say that you've already reach the profit you target. There's a lot of fees you need to considered in order to do this thing especially right now that the gas fees are way to higher compared on the past years in which the ethereum gas fees are kind of low.
2486  Bitcoin / Bitcoin Discussion / Re: How have you impact people with cryptocurrency knowledge on: March 03, 2021, 05:48:15 PM
The first time is that I am seeing my friend buying so many expensive stuffs just like car and motor then I've ask him on how he will be able to buy those stuffs? Then he frankly said that it is all because of cryptocurrency especially bitcoin. Then that was the start of an heavy impact of cryptocurrency to me, I've research a lot about cryptocurrency and after that they told me on how do I will earn money by this especially here in forum. So until now I am very greatful that I've earned those knowledge about cryptocurrency. 
2487  Bitcoin / Bitcoin Discussion / Re: Many people think that Bitcoin is not a currency with practical uses on: March 03, 2021, 05:20:07 PM
We can't force them to think and accept bitcoin as a real Currency that can be used by many people in from day to day basis but what I am sure about is that people will not use their bitcoin as a day to day process because they will just use it as an investment as many is doing this. Bitcoin is used by the people as an investment and not for practical uses, unlike fiat currency that everyone is using it due that this is an acceptable way of transaction and a traditional way of using for transactions.
2488  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: March 03, 2021, 04:26:38 PM
Bitcoin is not truly anonymous because in a sophisticated way users can discover where to send their transactions. That is exactly why the bitcoin 2018 homepage took the word 'anonymous' out of the main headline at the top of the page.
Bitcoin is not anonymous so we have mixers. These mixers are helping anonymity and they are doing a great job of that.
If a person only uses Bitcoin to exchange P2P between addresses and away from centralized exchanges, don't worry too much about being exposed as they are outside of the KYC / AML database.
But still bitcoin is anonymous although users can discover where Bitcoin address send their fund still if there are no kyc they will not know from who the bitcoin will be send. Anonymity of the sender and the receiver are hidden by the bitcoin address and this why I said that bitcoin is anonymous, we also know that here in forum anonymity are the one we are focusing because we don't want to know our personal identity especially here in the forum.
2489  Other / Beginners & Help / Re: Where will someone who has no knowledge of bitcoin start from to learn? on: March 03, 2021, 03:56:00 PM
Actually you are in the right forum in which you can start to learn a lot in this forum, just like me I've learned a lot about bitcoin and cryptocurrency here. Firstly I've start on asking some of my friends on how and what bitcoin is, as they are the one who introduce this bitcoin to me then eventually upon asking and doing some research about it, I've found this bitcoin forum out of no where and that's the time that I've frequently asking some questions to the people here.
2490  Economy / Speculation / Re: Has Elon Musk's twit caused the Bitcoin bubble burst? on: March 02, 2021, 02:31:12 PM
Has Elon Musk's tweet caused the bitcoin bubble to burst? Will it be the beginning of the bitcoin crash?
Tbh. there's no single person or any person that may said that the bitcoin will down even though your a famous and big investor of bitcoin, because at the end of the day there are no any people who is controlling the bitcoin. Is it just because Elon Musk tweet something, it may crash bitcoin? NO! Maybe there's a little impact on the market but yet there's no one who can says that the bitcoin will crash and as I am seeing right now he is just doing this to manipulate the market and to obtain more bitcoin in a very cheaper price.
2491  Economy / Economics / Re: How do you trade? on: March 02, 2021, 01:50:29 PM
Actually I don't trade everyday but I do have some experience on an actual trading in which I am buying when the price of the coin is in a dump stage and if I am seeing it as an having a potential to pump up or increasing in price then I am buying it then when the price pump up I will sell it already, I am greedy sometimes in which I want a big profit but I learned my lesson that sometimes you need to get already although it is a small profit as long as you are having a profit on it. The moral rule is that buy when the price is low and sell when the price is high. Having a mark in order to cut the loss is important also.
2492  Bitcoin / Bitcoin Discussion / Re: How do I convince people that Bitcoin isn't a financial pyramid? on: March 02, 2021, 01:21:09 PM
It is not our obligation to make people believe if what is bitcoin or how does it work, because the more we encourage them is the more they think that we are part of the bad system they wanna believe.
Just tell them how you earn and benefits and let them decide for their own.
In the past that is what i try to do so i can help the community and the adaptation of Bitcoin but in the end, then continue questioning the integrity and reliability of bitcoin, so i stopped and let them lose their chances or else they will learn .
That's right! What we just need to is to introduce them what bitcoin is and let them have the interest and study on what bitcoin really is because the more that we are pushing them to like bitcoin is the way they will have a doubt on us so let them to be bother by their interest and want so that they will do some research about it and when they found it good then that's the time they will ask you to explain more about bitcoin. Don't do to make people believe because at the end of the day we cannot control their decisions.
2493  Bitcoin / Bitcoin Discussion / Re: In my school, Bitcoin is now becoming a subject on: March 02, 2021, 01:04:43 PM
It's very good to know that there's a school that bitcoin and other cryptocurrency is being a subject to be learned by the students, I am seeing it as an passive adaption in which every student can learn what and how do bitcoin works and especially how they will be able to earn money by this digital currency. Honestly in my school there's also a lot of students who are interested in cryptocurrency and bitcoin but we doesn't have the opportunity to introduce or start a subject about it.
2494  Bitcoin / Bitcoin Discussion / Re: Bitcoin can / cannot replace the banks ? on: March 02, 2021, 11:47:35 AM
Obviously bitcoin will never replace the banks even though it may takes some years or decades, the bitcoin will not replace banks no matter what happen. Bitcoin will be forever an alternative and second to the banks because at the end of the day, the government and the people will still support banks not bitcoin though there may be some people who will support bitcoin but still the majority will be on banks. Bitcoin is an alternative way of money but doesn't means has the chance to replace the bank.
2495  Economy / Speculation / Re: Bitcoin is dumping, what's the possible reason? on: March 01, 2021, 01:28:11 PM
There's so many possibilities why the suddenly bitcoin dumps is happening right now and the possible reasons is just because those big whales are currently controlling or manipulating the market in order for it to dumps and another thing is that the possible reason is they want to buy more bitcoin when the price dumps so that they will be able to have so much bitcoins that just one big whale can control the whole market. That was just my assumptions.
2496  Bitcoin / Bitcoin Discussion / Re: HODL ₿itcoin for Life, not for Lifetime. on: March 01, 2021, 12:56:53 PM
HODL bitcoin for life is just like holding bitcoin to have a better life not just hold bitcoin for lifetime. If you hold bitcoin for lifetime and treat it as a gold that every century the price is going to up in which it is because of the authenticity of the gold but bitcoin is not the same as we are thinking, bitcoin is very volatile in which it may go up or go down in just blink of an eye so what we need to do is to just hodl our coins and pull out when we feel that we get our profit already.
2497  Economy / Speculation / Re: ARE WE STILL BULLISH OR BEARISH ? on: March 01, 2021, 12:19:40 PM
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
Yes we encountered a big and huge dip for the past days in which we entered in the price of $44,000 which is really we can considered that a huge price dump and many says including me that there is a big possibility that it is a sign of a bearish market in which the bitcoin will suddenly collapse and will down again eventually after some months or weeks, but we don't know if this really what would happen because they're saying that this is just part of market correction and there's nothing wrong about it.
2498  Bitcoin / Bitcoin Discussion / Re: Bitcoin can't be used for transactions? on: March 01, 2021, 11:49:53 AM
From what I've read, Bitcoin now charges high transaction fee and long transaction wait time so it can't presently be used:

a) for a conversion from Bitcoin to cash?
or b) purchases using Bitcoin? Huh
Yes the charges right now when you are transferring bitcoin to other bitcoin address is quite high but it is because of the price of the bitcoin which is $50,000 so it affects the price of the fees when you are doing transaction, when it comes to the transaction time I've encountered so many times that the transaction was really take so long and the reason behind this is because of the many people are having a transaction over the platform and it causes traffic so that's why the transaction takes some time.
2499  Economy / Speculation / Re: Don’t Panic II on: February 28, 2021, 07:48:04 AM
So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so.  And with the way it happened, dunno..  I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming.  So yeah, don’t panic.  That’s it.  Lol.
$40,000 is coming again in which the price of the bitcoin is in $44,000 again right now and I am a little bit panic because of the heavy dump that is happening right now, many says that the bitcoin will continue to dump so many people are scared on it but I am seeing it as an natural because I've already experience so many cases that is more likely happening this time so I am confident that this is just part of the correction. If it dumps then wait again to pump in order to sell and get profit.
2500  Economy / Speculation / Re: Bit Coin hits 55,000 USD on: February 28, 2021, 06:52:06 AM
How about that ?? $55,000  up about $15,000 in around one months time .
I notice a dip in several stocks , could be that the wiser investors are now trading in BTC ?

I sold several ounces of gold ,to buy in a week ago.  I'm a happy guy .
While observing the movement of bitcoin, I noticed that the price is having a good time in the pumping in which there are a lot of traders that are panicking to buy bitcoin and almost afraid to miss the long dip within the week. Happy for those traders and people who are having a good time right now and for those who are getting a good profit. Actually I've sell some of my things in order to buy and to didn't miss the hype and the pump of bitcoin so still I am a happy guy also, hoping to pump it again after some weeks or months.
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