It's funny how they are trying to make it seem like their primary interest is the safety of US investors when in fact the goal is to tighten the grip and to have greater control of the crypto economy. More regulation means more taxing and new ways to identify crypto users. They don't see the fall of FTX as a sad event that caused harm and financial loss to US citizens, they are angry that because of the bankruptcy there will be a shortage of tax money coming from crypto.
The fall of FTX might be a political strategy to give the cryptocurrency industry a bad name so that the government can get the needed support to enact Draconian regulatory laws. Politicians cannot be trusted because they can go to any length to achieve their selfish goals even if it means making people lose their hard-earned money. FTX dispute is just among the events that have brought bad impressions to cryptocurrency. So the Government can't capitalize on one events when they're multiple scams happening on the wild west cryptocurrency market. In addition, the Government also received donations from the exchange, so I'd say that if they effected the downfall of FTX its not for regulation, maybe it's for the aim of more money, bulk. They'll have their share of the lost money.
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November was tagged the worst month in the article because the scam event that happened last month went so viral that a plethora of people knew about it. Every month they is a cryptocurrency Ponzi scheme or Scam that use huge offers to deprive victims off their hard earned money. October was a bad time too for the Bitcoin Sheikh victims who got deceived with 20% returns and were promised by Da Silva that he's got expert traders that'll make his promises possible. The Brazilian who spearheaded the crime Fransisco Da Silva and his team Signed out with more than $700 million dollars made out of cryptocurrency. And other uncountable scams that happend on the month of August. So calling a specific month a worst moment for cryptocurrency like such things only happen on November doesn't curtail the truth that these ill treatments are done by humans not months. So these people decide the appropriate time to defraud people, its not time that takes the action.
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If you've got some Capitals I think starting with search engine marketing is better than beginning on social media. The social media market has nice traffics, but it'll stop flowing the moment they is a bridge in your capital or you cannot maintain your ad campaign. I think beginning here and posting on some cryptocurrency related blogs about who you are and the services you provide will stand out and give you great rewards when you run out of capital and it'll keep bringing juice to you for years. When the profit is enough then you can decide to switch back to social media and run continues campaign, influencer marketing etc and you'd be surprised at the numerous amount of clients that'll come your way.
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OP thanks for reaching out to people especially starting your seminar with friends who are eager to learn what bitcoin is about. It requires lots of preparation to get such seminar in place. Many learned bitcoin users don't do such because of one thing, they're not sure people will attend. But, you took the courage regardless of whether it'll be attended by the people you invited and launched the seminar. Such an interesting event as seen on the photo should be continued, your audience are relaxed and focused to learn more. So, I would advise that the seminar be continued from time to time. Take it as your own journey in the bitcoin community and one day the number of attendees will surpass what you expected. Don't stop at your first attempt!
Remember; Unlike wealth our knowledge increase if we share it.
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Very soon the world will realize that the technology is deeper and more relevant than they perceived. People think it's just about the currency but the block chain technology can be used to eliminate rigging of election, improve job opportunity, bring life to Web3 and create a better surface for saving information. Other possibilities and features attached to the technology will change the world, not just it's currency.
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Some of the VCs encourage investors to put money in BTC and they work hard to disseminated Bitcoin around the globe so that they could gain a lot in return. These firms have lots of Bitcoin in their possession and with the work they're doing, helps the market to grow too. Though, it doesn't matter who is more important in the market, yet the big players who do the right thing and striving to spread the message of bitcoin should be regarded as essential people to the market.
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A lot people are working on Bitcoin full time, but most of them no longer visit this forum. While those who are here helping out with technical questions, in my view, do so for more knowledge. However, from the look of people's activity here, it's certain that many members of this forum have got different purposes, work, business and Target on Bitcoin or outside Bitcoin. Therefore, those that work full time in Bitcoin only depend on Bitcoin market to earn. While others diversify their investments. Many people will also say: You bought Bitcoin, put it there, forget about it, you don’t need to work. It sounds ridiculous.
This advice made the early adopters so much profits that's why they keep telling people to follow same hodl method.
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This is a typical example of losing interest when losing and gaining interest while wining. Assuming Argentina won the game you would have been playing games till now and not think of quitting. it'll be of great help if you swap the outcomes and consider yourself a winner, then watch your concept change. Anybody who is blinded by earning big bTC can fall for big odd games. Don't think you are a failure mate and keep up with your gambling journey.
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How then will Bitcoin save people in this situation? They are few merchants that will accept Bitcoin in exchange for cash in Nigeria. Many peer to peer exchange will definitely send the Fiat to your bank account. Do you think of any alternative to changing Bitcoin to Fiat that will bypass the banking rule?
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When a person is in control of his money and concludes within him to bear the risks, whether Fiat or Bitcoin he won't be under these conditions you listed. If a person store their fiats somewhere else except in the bank nobody will have the right to use his money behind his back. The same thing is applicable to crypto, if a person stores their money on exchanges their Bitcoin can be used behind their backs to do businesses. So all these are applicable to method of savings. Not everyone that use fiat save them in the bank.
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Hash function is like barbing somebody's hair and tattoo the head with an information then allow the hairs grow again then send the person to go deliver the information to the recipient, that is, the only person in this world that knows that if he shaves the Messengers hair, he'll have access to the information. These things happened in the olden days and it's quite the concept of hash function, which maintains the decentralized nature of cryptography. Only a specific recipient can decipher the message.
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I think you are on the wrong forum, though your topic is related to bitcoin, but its not a place where cracking is encouraged. And if you bought the encrypted wallet, you may have been scammed too. In addition, a forgotten key or dormant wallet helps the entire network, that is, we all benefit from the lost bitcoin, so trying to access it and remove the funds will as well affect us all. I think it's better you neglect the funds in the wallet and go work your way to earning 4000BTC. I think its a better way of contributing to the network than wasting time and money on someone else's fortune.
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Consistency is key, your journey is one that every newbie should emulate. If a newbie stays active and read the forum for 365 days they'll definitely within these period make a content that will fascinate the whole forum which will result to multiple merits. I appreciate your quality efforts and having a deadline is also important in getting good results. However, members, within themselves, should also learn to celebrate their activities counts just like others celebrate merits especially if the activities were useful to the forum. You are doing a great job too and people learn from your posts, though you may not be merited enough by members, but your quality efforts and precious time spent here matters. Don't relent because you've got lesser merit counts, some have more activities while others have more merits and we all need them to rank up. Not all good posts will get merited by many users, but it counts in the activity section and you only need merits to rank just like OP needs activity count to climb up to hero and legendary rank respectively. The difference is waiting for time and people. Keep it up mate, the knowledge you've harnessed within a short period is quite commendable.
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I would generally be against this change. Others have noted that the change effectively prevents anyone from ever accepting a 0-confirmation transaction, which I think is a net negative for the bitcoin economy.
Indeed its a difficult thing for merchants that rely on Zero conf to sell their products, but, I think Full RBF on the long run is for the benefits of the miners, regarding that the mining rewards of solving a block will soon get to zero, through this Full RBF, miners will have a better reward coming from fees. Instead of neglecting it or allowing zero confirmation, that is, lesser fees or rewards to miners, bad miners could act strange in a way that will affect the network just to earn profits, with Full RBF miners will have a good reason to keep up with their work when the halving reward gets to zero.
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I'm curious about Satoshi the creator of bitcoin if he ever considers bitcoin to become a global currency, since he doesn't trade a single sat. From his actions its certain that he aimed at a building a decentralize network for exchanging not only currencies but information and programs. The problem with bitcoin today is what, OP, is writing about. Expecting bitcoin to be accepted everywhere and by everybody in the world. You see that even some country's currencies are not accepted by everybody except it is changed to their own currency. That's how bitcoin works, some people may not take your bitcoin but, if you exchange it to their local currency they'll definitely accept it. That's how these currencies work. On the cryptocurrency space, if I don't accept doge, you need to change the doge to bitcoin before I'll trade with you. So, in a nutshell, bitcoin is accepted everywhere, just that it's not hodled everywhere.
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Learnt new stuffs from your crooked structured thread, also, I paid an attention to the history you wrote and its clear that nothing happens overnight. Soon small businesses around the globe will adopt the cryptocurrency payment method they're not yet sure or convinced. Think about it and put your leg on the merchant's shoe, considering the plethora of FUD news with proofs about cryptocurrency, would you risk a business for that? these guys need to understand cryptocurrency before venturing into it, but from their research, its difficult to change their minds towards accepting cryptocurrency. Thanks to clients that ask merchants if they accept cryptocurrency, but the answer sometimes is NO with references to familiar news on the internet that made them not to choose cryptocurrency. Only a strong hand that is familiar with cryptocurrency will accept cryptocurrency as a payment method or I presume that in future people will get hired to manage cryptocurrency payments medium for small scale businesses. It'll help with the fear of losing profits.
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30 Dec, Suspension of withdrawals One disadvantage of not staying updated about a crypto exchange (where you trade) or storing funds there. Many customers funds will get locked out after the deadline and the excuse for that is the quote above. That doesn't make any sense even though the users made the wrong decision I think they should always be a form of redeeming their money. So, in a sense, its a renowned exit scam, because they'll claim a deadline was given before exiting with the remnants. However, not all user are well aware of this news, at least they gave out a warning not too bad.
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Staking bets on Casino houses is fun and you've got to see the croupiers in real life and meet up with other people in lieu of building networks online, but staying in a Casino house consisting of drug dealers, button men, drunks etc is dangerous at night. Since such businesses are managed by different underworld families seeking control over territory, unexpected dramas could happen any moment. A target can be attacked there and an unlucky innocent player could get injured too. On the other hand, playing online is fun and calm. It'll boost your calculation on stakes without any mental or environmental distractions caused by noise or side talks. The fear of playing with bots should be considered, yet it doesn't matter if the live dealers operate on provably fair. The deal is to win a game and not if your competitor is human or bot. If you think you can't manage or handle the hassle attached to Casino houses I think the online Casino was built for you.
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Promoting bitcoin payment stands out, given time, I'll advise you to initiate a bitcoin payment processor like Bit-Pay, to enable for bitcoin payment receipts. The stable coin method is excellent and safer regarding the volatile market, but, to remain risk free, isn't it a better idea to immediately convert the capital to your local currency and hold profits in bitcoin? As you should know by now, that stable coins a times drops below the 1 dollar peg, although its rare, yet your business shouldn't be under any cryptocurrency risk.
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Stay in touch with this board, read and learn. When confused about a term or topic search carefully if they is an answer to it, if not create a thread and ask questions. Join other cryptocurrency communities like reddit or twitter to build your foundation on bitcoin.
Read the forum rules to avoid getting banned, no plagiarism, no spamming or low quality posts. Conduct research on the information you wish to share to enable you create an outstanding post. This will as well help get you some rewards from members in form of merits.
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