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2581  Other / Beginners & Help / Re: What is the difference between seed phrase and private key? on: December 05, 2021, 06:36:21 PM
In basic terms a seed phrase is a representation of the private keys in an easily readable format in which you can back it up. Handling private keys would be difficult for most to write down and store without errors, so the seed or recovery phrase encodes the same information contained in the private key in a more user friendly format for easier recovery of an asset.

A seed phrase is a group of 12 - 24 words, while a private key is a combination of 51 or 52 alphanumeric characters.
2582  Bitcoin / Bitcoin Discussion / Re: Bitcoin - Is HODL the only strategy? on: December 05, 2021, 06:30:31 PM
I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing.
If you are primarily interested in the long return, then hodling bitcoin is your best bet and would potentially bring you more profit than staking assets which are built on the PoS model. Not to shot on proof of stake, but one of the main reasons bitcoin actually increases in value is due to the controlled and reducing supply and how no one holds more stake on the network.

Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
There are third party services that you can technically stake your bitcoins with, but as a common rule; Not your keys,Not your coins.
2583  Other / Beginners & Help / Re: Need Some Advice on: December 05, 2021, 05:57:46 PM
Thank you for your advice .But I'm little confused . It would be very helpful to me if  you tell me with these skills  can I get work in some sectors.
You definitely can if you can apply those skills appropriately.

1. Making Banner's
With knowledge of this you can design banners for projects that advertise on this forum. New projects also require design of their roadmap, whitepaper etc.

2. Expert at Microsoft Office Word & Excel and Google Spread Sheets / Creating form.
You can manage projects both on the forum and off it.

3. Pro at  HTML and CSS .
You can earn by creating websites for projects.

4. Few Knowledge about marketing .
This skill would be more beneficial to you as you would need to market your skills in order to get hired by prospective clients. With more knowledge you can also work in the marketing sector of projects.
2584  Bitcoin / Bitcoin Discussion / Re: Reasons why I prefer Bitcoin over any other assets and dips don't panic me.... on: December 05, 2021, 05:45:06 PM
Perhaps, in the early stages, bitcoin grew and was popularized due to the fact that people used it as a currency, and not as a speculative instrument, I will not argue.
I would actually say the opposite; there are more ways to spend bitcoin now as a currency now than there was ten or so years ago due to emergence of more merchants and projects such as lightening network.

But now the value of bitcoin is growing due to the fact that more and more various IRL spheres and companies support bitcoin. But this does not mean that the more companies support it, the more often Bitcoin is used as a means of payment, otherwise we would not see a constant outflow from the circulating supply, and, consequently, the price increase.
So many factors affect the volatility of bitcoin, that it would be impossible to pinpoint just one, but the most salient imo, should be the features it was built with, which attracts companies and individuals.
2585  Bitcoin / Bitcoin Discussion / Re: Am I Doing My Students a Disservice? on: December 05, 2021, 05:31:54 PM
So I beg the question; How can I create a class project centered around bitcoins ecosystem that can be inclusive to all students regardless of the technology they may or may not possess?
firstly, I would say you are doing an impressive job introducing your wards to futuristic technology at a very young age, as that would give them a soft landing when they eventually might want to go deeper later in life. However, their interactions should be somewhat limited considering their age and exposure; like not too much about the financial aspect (speculative) or none at all.

About what bitcoin centered project to engagement them in which would be inclusive; I would suggest an artwork that describes what bitcoin means to them. Everyone would be able to participate as there is no technology barrier and it would make them relate to the network a lot more.
2586  Bitcoin / Bitcoin Discussion / Re: Reasons why I prefer Bitcoin over any other assets and dips don't panic me.... on: December 05, 2021, 12:50:02 PM
So if you understand the market and want to safeguard yourself from all of these problems then BTC is the best option for you.Few understand it fast rest late but soon you understand the better it will be for you.
Bitcoin does solve a lot of problems in our current society due to how the network is built and the features, and those who have learnt of it now are the early adopters, cause they joined before six figures.
In my opinion, the price someone bought in at does not matter much, as you will still be able to access all the features.

However, regardless of how promising bitcoin is and how high its value can get, we should also consider the risks involved and how bitcoin as a currency cannot survive alone without alternative currencies (fiat). And storing all your funds in bitcoin is not feasible as it is not universally accepted and transactions are not instant.
2587  Economy / Reputation / Re: Do you think these 2 accounts are related? on: December 04, 2021, 03:04:10 PM
Seems to me that it's all one person selling a scam script and then promoting it.
Anyone else have a different view?
I have the same view with you, the patterns of the replies and to an extent the writing style (not ending their posts with a full stop) makes me think they're the same person. But that's all an assumption and cannot be proven, at least not with the facts available. And might not even matter much if proven, besides another reason for a negative trust of course.
2588  Other / Beginners & Help / Re: Jr Member in the Pocket (1 Down, 5 to Go) on: December 04, 2021, 02:47:13 PM
Hopefully i would become a Jr. Member soon. As i have business to share especially in image. Congrats again!
You don't have to be hopeful. You'll definitely become a Jr. member if you make at least one post in the next activity period as you already have the needed requirements for the rank.
Copper membership is also another way to enable posting on the forum without needing to meet any activity or merit requirement. You probably don't need it now, but some other newbies could use the info.

I'm going to celebrate every milestone I achieve until I get to the Legendary  Grin
That's the ultimate goal or is it learning and discussing Bitcoin?  Huh
Just kidding, they both usually come together, the more you learn and discuss, the more knowledge you get and the higher your rank.
Congratulations on your milestone, every little step counts.
2589  Other / Beginners & Help / Re: Please, help me understand. on: December 03, 2021, 08:55:34 PM
The investment is nothing but the lonest form of trading because investment is made to reap profits which means you expect the price to be higher in the future which can be in a day or two which is trading in general or in few years which is investment.
Well, in trading one can sometimes short an asset, which basically means you expect the price to drop in the coming days/weeks and sell your current position so as to buy back when the price is much lower while profiting.

Both trading and investments are somewhat slightly similar and strategies can be applied successfully in both situations, but there are marked difference between them and very different approaches. I personally don't believe being a good trader would make one a good inveror and vice versa.
2590  Bitcoin / Bitcoin Discussion / Re: Micheal saylor clown on: December 03, 2021, 03:37:55 PM
We all know that biggest whale are grayscale the another Micheal the CEO of Grayscale.

Next time when market moves Grayscale should announce they gona buy it or sell it.
This post is an obvious troll/shill, but I'll reply either ways;
You're mentioning Grayscale quite a lot in your posts, firstly there's no competition between both companies and both CEOs could actually be friends irl. About which company holds more, Grayscale is sort of a trust fund and allows exposure to Bitcoin from people who would normally not be able to access it, they do not own the bitcoins they hold, Microstrategy on the other hand buys and holds Bitcoin directly most of the time, I believe they did a find rasing some time back, but majority of the coins they hold were bought directly.
2591  Other / Meta / Re: if they banned signature ads would this forum still exist? on: December 03, 2021, 03:15:22 PM
About the platform existing; it definitely will. As has been pointed out, the forum existed before signature campaigns and would after it.
Would I be active if the forum did not have sig campaigns;

I'm sure I'll definitely not be as active as I am now, the forum is a repository of knowledge and serves as a source of solution which any crypto enthusiast has, so I'll have lots of reasons to remain on the forum, just not as much as I do now. Discussing about Bitcoin is rewarding of itself, but the actual perks of a dog campaign adds an extra incentive.
This can also be said for so many other members, most of which may not even log in at all anymore, leading to a drop in activity and a more comfortable place for users interested in the network to discuss.

If there were no signature campaigns probably threads would have only a couple of replies, rather than several pages of texts.
2592  Bitcoin / Bitcoin Discussion / Re: Banks and Bitcoin- The needed change on: December 02, 2021, 05:08:01 PM
Some people say that traditional banks will disappear due to the emergence of cryptocurrencies because it gives consumers another option when they need financial assistance; however, I think this is unfounded speculation.
No, it won't. Cryptocurrencies cannot substitute for traditional banking, maybe in a futuristic Utopian society that could be possible, but that's quite a long shot.
Bitcoin which was the emergent cryptocurrency, was not created to replace fiat and banks, it was meant to be another option as you rightly pointed out, an alternative means of sending and receiving money which does not need third party validation. And while Bitcoin has great potential to grow and become globally adopted, a centralized system of banking would always exist.
2593  Other / Meta / Re: [Request to mod/admin] Can I create a topic on "other language"? on: December 02, 2021, 04:37:58 PM
<snip>
This can be done in the local thread and you ask the OP edit the link into the first post, so everyone would be able to locate it even if it gets buried under other replies.
Other local thread members could have ideas similar they would want to post but that would just make the board a bit clunky and difficult to navigate.

Or you could wait for a direct reply from a mod.
2594  Other / Meta / Re: Censoring? Removed post? on: December 02, 2021, 10:08:06 AM
Looks like the thread is deleted by moderator, but there's bug on forum automated PM.
IIRC, threads and posts can be moved to trashcan by the mods and there would not be any notification message sent to the user, probably because the post can be reinstated by an admin or a global mod. I believe this is used if the mod taking the action does not want to delete the post permanently.
2595  Other / Meta / Re: [Request to mod/admin] Can I create a topic on "other language"? on: December 02, 2021, 05:09:30 AM
I am curious where had you found the rules that users will be ban posting threads out of the local board?

That's a direct quote from the stickied thread in the other languages board. Op couldn't quote it directly because that thread is locked now. And the rule is for languages that already have a dedicated thread on that board to prevent spam, all posts in that language should be made in that thread. I am not sure if this rule is strictly followed.

<snip>
I would say you have an argument to be allowed to create your own thread, the forum allows one who does not wish to be moderated by a fellow member to create their own thread, and that should apply to local threads as well. But it would be best for the Bangladesh community to come together and discuss on these issues so different threads do not start springing up, while it waits for a local board.
2596  Economy / Services / Re: [CFNP] BestChange Signature Campaign | Sr Member+ on: December 02, 2021, 04:49:13 AM
@Bestchange has not yet posted payment details for the week, but the payments have already been sent out and the new week has been updated on the OP;

Txid - https://www.blockchain.com/btc/tx/dfe7ce7ce90059736e30c1e20beb85d39811a4d535e9c4553aae60d579751ac8

This week's bonuses went to;
• Upgrade00
• lovesmayfamilis
• CharlesTim
• Pokerplayer
• GeorgeJohn

*Apologies to Bestchange if there are any errors, just trying to help out.
2597  Other / Meta / Re: recover ban account on: December 01, 2021, 06:38:28 AM
but if you are a spammer and most of your posts are plagiarism then you only have a low chance to recover your banned account.
I'll change that low to zero for serial spammers (who have already received warning temporary bans) and plagiarists, the rules are pretty clear on this. Chances of having your ban removed would exist if the offence was a one of and the user had no personal incentive to engage in it, sort of like an honest mistake. Being a quality member also helps. Usually in such scenarios, the ban would not be completely overturned and could be made temporary or s temporary signature ban.

The mods having made a mistake is also another situation where a ban can be overturned.
2598  Economy / Reputation / Re: I found multiple accounts on: November 30, 2021, 09:34:21 PM
I can't follow all the links right now, but what exactly are you accusing the accounts of? There's no rule that an individual cannot have more than one registered account on the forum, so except they enroll in the same bouty, send merits or positive feedback between each other or reply to each other's post periodically, then they are not breaking any forum or campaign rules.

Although, someone with quite a high number of accounts on the forum is likely part of a farm and could be a spammer, but the solution would be reporting individual posts you find to be spammy.
2599  Economy / Economics / Re: Why are some government officials like saying what they don't understand on: November 30, 2021, 09:23:49 PM
My country Nigeria recently launched their own CBDC, E-naira, this came few months after the ban on Bitcoin transactions as well as tracking and blocking of accounts believed to have been involved in cryptocurrency transactions. If you try to connect the dots, this would likely have been an attempt to draw people's attention away from Bitcoin, touting the national coin as an alternative. This plan however, was always going to fail as majority of the citizens have lost faith in the government and as such are looking for different ways to escape the grips of Banks and the likes.

However, in a fully developed country whose government is trusted and the citizens do not know much about Bitcoin, then a CBDC could actually become very popular, but again, it's not Bitcoin against the government or banks; Bitcoin is just another financial option one is allowed to have and use.
2600  Bitcoin / Bitcoin Discussion / Re: Do you guys think 0.1BTC is enough to "make it"? on: November 30, 2021, 07:03:45 PM
Eh, that would seriously depend on what country you live in.  1BTC in the US wouldn't level you up on any kind of ladder unless that ladder measures how nice of a car you drive, and even then at bitcoin's ATH that amount wouldn't exactly buy a Bentley or a Rolls.
Sure, how much effect it has would depend on the living cost in the area you are from. But regardless of this,1BTC is a significant amount wherever you live. It might not level one up, though that term is relative, but as I said it could take someone some places up the social ladder, not meaning they would become wealthy, but it could be a platform which if managed well can be very beneficial.

Wealth or rather money management is the only factor that can truly change ones financial status, imo.
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