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2501  Economy / Speculation / Re: Realist World of Crypto Space on: June 08, 2022, 10:50:32 AM
People like them are just trying to get attention with those predictions based on nothing, its hard to see still people are giving attention to them even though if it supports cryptocurrency still why we have to follow them and expect their prediction to come true?

Probably the tweet was made when the person is high, ETH will surpass bitcoin first then BTC will reach 1 million rlvery soon after that but then after few decades bitcoin will become the reserve currency looks too contrary right?
2502  Economy / Trading Discussion / Re: A single trading tool is not enough on: June 07, 2022, 03:29:05 PM
Using tools like charts and indicators are not really mandatory to do trades, we can set our target price and leave it until it reaches but for short term traders they have to do more analysis on the movements that is where the importance of indicators and other trading tools comes but it also doesn't ensure the market movement just a kind of prediction and expect it to happen. Long time back when I am actively doing day trades I used to use 3 indicators only because too much if indicators also will give more confusion which doesn't let us to conclude the things.
2503  Bitcoin / Bitcoin Discussion / Re: Bitcoin price and actions to raise it on: June 07, 2022, 12:46:14 PM
This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.
First of all this is about the rise the price of BTC because it is in red for long time or we are talking about increasing the adoption?

There are lot of websites accept cryptocurrency payments but it didn't bring the change we all wanted because people really don't want to spend their BTC because we call it as asset not as medium of exchange so if the condition remain same then the BTC will never be able to reach the main stream payment mode.
2504  Alternate cryptocurrencies / Altcoin Discussion / Re: How can i earn a passive income with Altcoins? on: June 07, 2022, 10:22:23 AM
There are staking website which are legitimate and can give maximum of 8% APY upto $10000 so literally you need to invest 10K to get $80 per month if my mathematical calculation is right. Cheesy
Well, I don't know about your maths being correct or not but I know of staking being a veritable mean of earning passively in this industry. I stake and don't really care what the earnings are at the moment. Staking is more ideal than trading if one can't really trade convincingly to save one's life. For instance I've  Polypad staked on its site to earn Matic as I don't feel like trading it, and wouldn't want it being idle by only hodling it.

Quote
Well, considering the inflation rate around the world right now I will simply go with the HODL option it may not give consistent earning every month but the results are more than your expectations when it goes for years.
If you're looking at inflation, then you should stake to earn. Holding your token is idling it. The only side effect to staking is if you stake on rogue site; otherwise you can always unstake whenever you want and still have your tokens intact.
In my opinion staking is for the top class who made tons of money from different fields and can't able to manage all of them also don't want to keep it idle so they stake for decent returns but I am not that much rich enough to keep chunk of money in the staking platform to earn very little return comparing with trading since the value of coins and tokens can drop by 50% in an hour but the return we are going to make a year is about 10% then it doesn't make really sense to me that is why I prefer HODLing so atleast I have the access to funds at anytime so if the funds are needed to make changes with our investment plan we can do at anytime with no loss at all.
2505  Other / Beginners & Help / Re: The Reasons I Trust Binance for my Crypto Storage on: June 05, 2022, 06:08:36 PM
If anything goes wrong, I have someone to hold responsible and get my money back. And they're more than capable to pay back, provided the loss isn't from your end.
How can you prove this statement will be valid for Binance forever?

Yes, Binance got hacked but the traders didn't lost their money but turn back the history lot of exchanges which were popular but got hacked and ended up paying nothing to the users. You're thinking the exchange are more of a bank no they aren't because banks can refund the money incase of robbery in their vault or something but there is no assurance to cryptocurrency exchanges.

#Not Your Keys Not Your Funds

2506  Alternate cryptocurrencies / Altcoin Discussion / Re: How can i earn a passive income with Altcoins? on: June 05, 2022, 04:48:39 PM
There are staking website which are legitimate and can give maximum of 8% APY upto $10000 so literally you need to invest 10K to get $80 per month if my mathematical calculation is right. Cheesy

Well, considering the inflation rate around the world right now I will simply go with the HODL option it may not give consistent earning every month but the results are more than your expectations when it goes for years.
2507  Bitcoin / Bitcoin Discussion / Re: The average joe would never accept bitcoin as means of payment due to tx fees on: June 05, 2022, 03:12:23 PM
It should be understood that the issue of taxes now is quite difficult and you need to be prepared for different options for solving problems.

Are you talking about the taxes or the transaction tx charges?

There should be no difficulty in collecting and calculating taxes when crypto is legalized. You will be taxed on the profit earned on your business and it does not matter if the mode of transactions will be crypto or fiat.
Well it depends on how the countries are regulating the assets, either they want to tax the profit or even for the capital but since we are talking about the mode of payment then we actually don't have taxes for fiat then it should be same for cryptocurrency as well.
2508  Economy / Gambling discussion / Re: Your Mantra After, while playing And Before You Gamble on: June 05, 2022, 12:38:07 PM
But I do not use the mantra to help me win the gambling games instead of just play and do not thinking much about the win.
Even I used to say with that intention since I know I am not going to win because I am repeating those things but just that curiosity of will it happen again with absolute no greediness since it will out under pressure to keep on chasing the loss and make more loss that wh8we actually supposed to.
2509  Economy / Gambling discussion / Re: Your Mantra After, while playing And Before You Gamble on: June 05, 2022, 09:47:26 AM
I ised to have some weird habits which is actually done by many like repeating the activities of winning bets for every bet like if they touch a glass while rolling then I like to hold the glass for all the bets and like that. Yes it sounds crazy snd even I don't have beleif in that but still used to do just to satisfy our brain.

Is it only about your satisfaction or do you always win the bets while holding the glass  Cheesy  It's really interesting and I would like to see how it looks while holding a glass and placing a bet.
Many people have different superstitions in which they believe but in reality, these things do not matter in our winnings or losses. However, these things are only for the satisfaction of our minds.
Just said touching the glass as an example but there can be a lot like those things which are silly but we used to do that and one thing I forgot to mention I like to hide those silly activities from others attention because I know it's silly so they would think I sm going crazy or what so just for myself... Grin
2510  Economy / Gambling discussion / Re: Your Mantra After, while playing And Before You Gamble on: June 04, 2022, 07:05:05 PM
I ised to have some weird habits which is actually done by many like repeating the activities of winning bets for every bet like if they touch a glass while rolling then I like to hold the glass for all the bets and like that. Yes it sounds crazy snd even I don't have beleif in that but still used to do just to satisfy our brain.
2511  Other / Politics & Society / Re: Build yourself on: June 04, 2022, 04:33:36 PM
In 2000, there was enough job for the people who are graduating so they get and settle but now the requirement is 1/10 while we are producing more graduate due to the increase of population and school became successful business so they one who want need to be skilled enough so they can pass the remaining 9 to get that available job.
2512  Other / Beginners & Help / Re: How much do you care when you wear a commercial Signature? on: June 04, 2022, 12:03:26 PM
Promoting a proven scam casino is not same as promoting a new startup that is why members who are promoting 1xbit got tagged but still they are allowed to post since scams are not moderated here. Anyone who is helping someone even after the company found guilty of scamming people then the people who are helping are not different from the one who are scamming.
2513  Bitcoin / Bitcoin Discussion / Re: Computer Scientists say Crypto Industry is Misleading??? on: June 04, 2022, 10:15:11 AM
How can we call someone as scientists when they don't even understand the blockchain and how the computer expert turns out to be a financial advisor?

~snip~
Everyone has the right to have a different opinion. But I also know there are people who support and reject crypto. I respect them, because they certainly have their own reasons. But so far I look at crypto, the blockchain industry is a future. Look at today, many countries are worried and giving rise to CBDCs because they are worried about not being able to control and observe the flow of movement of blockchain transactions.
Countries are worried about the decentralization that is why they are trying to enforce the use of CBDC before most people realize the actual difference between cryptocurrency and thise centralized tokens printed by the government. Blockchain transactions are irreversible and any expert who can understand the blockchain technology will agree that but those so called expert maybe tech-savvy still don't even have basic knowledge of blockchain or they just don't want people to have decentralized monetary system.
2514  Other / Politics & Society / Re: How possible was dubai transformed from desert to world tourist country in 50 ye on: June 03, 2022, 03:27:43 PM
Tax free which made Dubai into so rich because rich people love the concept of no tax so started to invest a lot into that city also their natural resources helped a bit. Now it is one of the place in the world which attracts more tourism and also making money from them even I saw lot of documentry related to this but I couldn't recall all the reasons now but if possible I will edit this post and add links later.
Dubai is portable place that is good to stay for rich people, i know that if you have no money you can not coup with Dubai kind of living, the government of Dubai planned the place for tourism, the way Dubai is been planned will tell you that the country use it to make money indirectly, because of the tax they take from the hotels and other activities. I think Dubai is the best place to go for execution with family and students. The billions their government used to restructure the place is money some other countries states embezzle with their family, that is corruption, may country supposed develop like Dubai
They keep their citizens rich and also found way to utilise the work of them for cheaper through the workers from third world countries as mentioned above but the growth is unimaginable so it is a place we can use as an example. Dubai isn't that much strict as other middle East countries that is why also one of the reason people who have lot of money wanted to go there to spend them.
2515  Economy / Economics / Re: Food crisis coming? What's wrong about it? It could be good on: June 03, 2022, 12:34:54 PM
If you think having money is enough to deal when the worse food crisis hits your country then I can say no and also give an example for this. Anyone read what is actually happening in Srilanka for the past few months where there is shortage for everything due to the National debt followed by hyperinflation so even people who have enough cash in their had to pay hundred dollar for basic grocery needed for an adult still there is no thing available there.
2516  Bitcoin / Bitcoin Discussion / Re: Computer Scientists say Crypto Industry is Misleading??? on: June 03, 2022, 08:33:41 AM
How can we call someone as scientists when they don't even understand the blockchain and how the computer expert turns out to be a financial advisor?

Not everyone who is an expert in tech related thing has to be an blockchain expert which is like when we ask an general doctor who is very popular but he can operate something related to neurology right?
2517  Other / Beginners & Help / Re: Newbies and eagerness lack of patience on: June 03, 2022, 08:07:42 AM
You recently just left the newbie rank from what I can see to become a junior member and all of a sudden you are giving advice to other newbies like myself. Life is in stages definitely as you have said, but this topic is highly unnecessary especially judging from your recent post which are almost all alike and are all emotionally patterned to blackmail users into giving you merits. Thank you for the motivational speech and advice, you should take it as well and be more patient to bring up quality conversations that could be of benefit to us.
Obsession with merits make people to do such things. Cheesy

Sometimes it is so easy to see what is the intention of their threads which mostly focused on merits because then only they can able to rank up and participate in campaigns, I didn't say this to every newbie who are trying to learn something new with legitimate query but most people try to make guides which is not that exceptional bit expecting merits.
2518  Economy / Speculation / Re: Holding my horses for now on: June 02, 2022, 04:01:13 PM
Is buying bitcoin right now the same with buying later? I stopped buying because it looks like Bitcoin dips isn't over, imagine buying at 19k per Bitcoin, I think the whole idea of investment is when you are buying not running after the best coins in the market, buying them cheap is better or I don't get it?.
Buying cheap is the best thing to do as an investor but no one can assure you that price of Bitcoin will slip to 19K or whatever because that is how the market works, it is unpredictable so buying at 29K is better than waiting for 20K if you're ready to hold it for years but who know it can reach too low or it may never happen.
2519  Other / Politics & Society / Re: How possible was dubai transformed from desert to world tourist country in 50 ye on: June 02, 2022, 03:15:45 PM
Tax free which made Dubai into so rich because rich people love the concept of no tax so started to invest a lot into that city also their natural resources helped a bit. Now it is one of the place in the world which attracts more tourism and also making money from them even I saw lot of documentry related to this but I couldn't recall all the reasons now but if possible I will edit this post and add links later.
2520  Economy / Trading Discussion / Re: Trading Platform? on: June 02, 2022, 01:25:34 PM
Hi guys, I am new into Crypto, I wanna know which platform has low gas fee .. my budget is very low which is just 120$ .. I do not want to throw them into trash, but I like to embark on any platform which gives good returns, like Exness or Position exchange. I was reading an article on https://detailsnreviews.com/crypto-exchange-okcoin-launches-a-free-trading-nft-marketplace/ , do you think it is good to start with 120$?
Isn't that FTX still has the lowest fee? I never heard those exchanges you mentioned but exchange like Binance and FTX has low fee but it will not be same as the gas fee because exchanges use the batching system and also they may ask more than actual fee needed because they call it as withdrawal fee.

But you don't have to withdraw money after every trade especially when you have low capital just trust the reputed exchanges which is worth for few hundreds in my opinion when you have the intention of further trading in near future.
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