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May 29, 2024, 11:20:16 PM *
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261  Alternate cryptocurrencies / Altcoin Discussion / Re: Sold all my shib for litecoin on: April 03, 2024, 10:52:37 PM
While LTC can be considered a way to diversify, it is not a coin that can be relied on for long-term investments. It cannot be denied that LTC has not yet reached its full potential and the emergence of other altcoins has reduced its importance. Even though you have profited from LTC, I absolutely have to tell you that Bitcoin is a much more worthy bet than LTC for long-term investment.

I have seen a lot of people quickly become overwhelmed by their appreciation of altcoin value and their desire to mine it the best way they can. Unfortunately, they often ignore the risk of eventual loss, which leads to the loss of both the initial investment amount and profits. Although a growing number of people have a preference for altcoins as their primary investment choice, on balance, Bitcoin remains the safest option in the cryptocurrency market while still having the potential to generate large profits.
262  Economy / Economics / Re: How is it that these actions are yielding opposite results? on: April 03, 2024, 06:14:40 PM
The Argentine economy cannot rejuvenate and return to normalcy in the short term as the country's current situation seems quite dangerous. A number of problems, including hyperinflation, rising interest rates, economic recession and an exorbitant debt-to-GDP ratio, are devastating Argentina. Furthermore, I can see that the country's unstable political situation is making the problem worse.

According to my observations, many of the current Argentine president's policies actually have a reform agenda for the country, although implementing them will not be easy. However, I hope that, despite all the difficulties, Argentina will soon escape this gloomy period.
263  Economy / Speculation / Re: Let the countdown begin❗️ on: April 03, 2024, 06:05:36 PM
This week, we saw Bitcoin fall to $64,000 and is currently ranging between that and $70,000. It will likely move sideways for a few days before there is a large distribution at the highs or more accumulation to push the price up.

Regardless of the trend, this is a critical time for you to have enough cash to buy more or temporarily stop watching the price chart to avoid panic selling. Even though I accumulated Bitcoin during the previous sale, I still regularly DCA weekly purchases to increase my Bitcoin amount and optimize this profit.
264  Bitcoin / Bitcoin Discussion / Re: My Dreams of a Bitcoin Circular Economy in my Country on: April 03, 2024, 05:55:01 PM
It is not far from now that Bitcoin becomes more popular among the general public, which will convince other companies to introduce Bitcoin as a suitable way to repay financial debts. But it still has to fix some problems before that day comes. One of the main obstacles to using Bitcoin as currency in common small purchases, such as groceries, is the high transaction costs. No one wants to pay too much just for some goods. Where Bitcoin transaction confirmation speed depends on the amount you pay as fees. If you choose low fees, you will have to wait a long time before your transaction is confirmed. This situation can be inconvenient for both buyers and sellers, especially if quick sales are threatened in such situations.
265  Other / Off-topic / Re: Gambling addiction is not about the money you could win; it's about the "win" it on: April 03, 2024, 05:36:42 PM
The reason for entertainment and enjoying the results is understandable. For many millionaires, gambling is a luxurious form of entertainment. After all, some millionaires value preserving their hard-earned money and probably don't want to risk gambling. Raising capital is a procedure that requires diligence, intelligence and tactics. Therefore, they choose to invest wisely instead of just relying on luck. On the contrary, some millionaires also have a hobby of gambling. Even though they are aware that gambling is high risk, they are still motivated by the desire for wealth and the possibility of winning big. A harsh education and society can make them want to make money quickly so gambling becomes the fastest way they know to get it.
266  Economy / Economics / Re: Lock your bank balance on: April 03, 2024, 05:26:39 PM
I don't like keeping all my money in the bank at all. It's important to save some money, but if I let all my money sit in a bank account it would be a complete waste. Banks use customer deposits as capital to lend to others and make profits. Why not proactively take advantage of that money to invest or do business, thereby increasing profits for yourself?

I usually do not keep more than enough for my immediate needs and possibly the livelihood of my family in the settlement, the rest I will put into things that can generate profit. profit. This I find quite useful as it not only helps me maintain control of my cash flow but also has the potential to bring in large profits.
267  Alternate cryptocurrencies / Altcoin Discussion / Re: Memecoin expansion, now set to hold a live conference.. on: April 03, 2024, 05:14:35 PM
Memecoins that rely solely on reputation and social media hype are unlikely to last long. For a project to truly thrive, it needs to have useful features, solve real problems, and build an active community.

A memecoin conference that's all about domination, partying, and imitating other coins is pointless. It is important that memecoin projects demonstrate realistic development plans, bring convenience to users, and build a strong community. Those who think that memecoin will become a new era are truly idiots. Memecoin appears to be a "pump and dump" scam aimed at preying on naive investors.
268  Economy / Speculation / Re: Bitcoin halving, how low the price can be? on: March 31, 2024, 11:59:35 AM
Analyzing the future of cryptocurrencies is not simple because the situation changes so quickly that any estimate can be wrong. There is always a possibility that prices could spike, plummet, or even stabilize. It is always wise to start with DCA investments, it is a conservative way to invest in Bitcoin because buying a few Bitcoins every week will minimize your risk while the Bitcoin market is high and There are many new investors joining because of FOMO.
269  Alternate cryptocurrencies / Altcoin Discussion / Re: Shitcoin games in exchanges on: March 31, 2024, 09:24:12 AM
A coin's listing on an exchange is not an accurate measure of its growth potential. We have seen the rise in popularity of pay-to-list projects on exchanges, making it more difficult to assess the true value of a coin.

That is also the reason why many new investors flock to newly listed coins because they want to make quick profits. They hope that the price of the coin will skyrocket after being listed, helping them earn huge profits. But the reality is that the projects are subject to price manipulation or lack potential.

270  Economy / Gambling discussion / Re: How about your experience in taking part in the same bet with friends? on: March 30, 2024, 11:32:47 PM
Sharing a gambling experience with friends can be more enjoyable and can also create a sense of connection between you and your friends compared to when you gamble alone. Laughing together, sharing happy moments, even failures create unforgettable memories. But it still has to be said that gambling damages personal relationships, friends can become enemies when they trust each other with money.

It's a pity that my childhood friends no longer have much contact now that each of them has become an individual with their own life story. The burdens of life and duty have pulled each person down different paths.
271  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Solana still Worth buying?? on: March 30, 2024, 11:18:44 PM
Solana has yet to reach its full potential and this presents a favorable buying opportunity. Although it has been pumped quite a bit recently, it's just a matter of different opinions. If the project still has expansion potential and the value of the coin increases, then investing in Solana will be a viable option that can be profitable.

Solana starts with a lot of exciting projects and technologies ahead. These are key factors that can help ensure the successful development of the project in the future. In case you doubted Solana, now is the time to rethink this decision. Make sure to spend enough time to research everything about the project and its potential.
272  Economy / Economics / Re: How does one know and join the right community after a job loss? on: March 30, 2024, 11:10:21 PM
Losing your job can be one of the most difficult experiences when you are of working age. But think positively, such adverse events can bring lessons that can help a person build character and improve personal development.

There may be bad things that happen when you lose your job, but that's also when you can take it as an opportunity to reflect on yourself and figure out what you really want from your career. You can use this time wisely and increase your professional capacity by developing your skills, gaining new knowledge and looking for other options. I always believe in not giving up when you fail. Be optimistic and never stop fighting because success is very close.
273  Economy / Speculation / Re: My instincts on the value of bitcoin from now to halving on: March 30, 2024, 10:55:28 PM
There is no point in looking negative at this point because the Bitcoin market is very promising. With the way the price is currently moving, it is showing positive signs and has high growth prospects. Bitcoin's recovery from the pause, an indicator of its strength and the ongoing bull market momentum, that strengthens people's confidence and paves the way for even higher values.

While I cannot predict what will happen in the future with 100% accuracy, certain technical analysis predictions can be made based on observable market patterns. Okay. Currently, 73k is considered a very strong resistance level and if Bitcoin manages to break it, it is very likely that the currency's rate will rise to much higher levels than those already observed.
274  Bitcoin / Bitcoin Discussion / Re: 🔥 Bitcoin Buy and Hold 👑 on: March 30, 2024, 10:39:08 PM
It's impressive that your friend made a big profit in less than half a year. Because cryptocurrency trading brings high potential profits, it also comes with risks and requires a lot of experience.

In my opinion, when you have earned many times more money than you spent, then HOLD. Either way, HOLD is a simpler and less stressful investment strategy than trading. Regardless, the returns from holding will typically be lower and take longer to see results.
275  Bitcoin / Bitcoin Discussion / Re: How would you dispose of a steel plate seed backup? on: March 30, 2024, 10:20:50 PM
But I think that everyone should equip themselves with a method to safely destroy hard drives to ensure that sensitive data is not stolen. This can take time, especially when you need to process large amounts of data, but the security of your information is a top priority.

Why are you talking about hard drives? OP never mentioned any drives at all.  Yes, hard drives also use metal plates for storage, but thats not the point here.

No, here I mean backup, not hard drive. Thank you for reminding me of the wrong word.
276  Economy / Gambling discussion / Re: House always wins? The case of Trump Plaza. on: March 30, 2024, 07:21:48 PM
The house never fails to maintain its advantage in the games. This advantage is determined by the rules of the game, the odds and how the game operates. One such game is blackjack, which gives the house an advantage of about 1% over the player.

Furthermore, it should be noted that players can often make mistakes that will eventually cause them losses. These errors can stem from a lack of understanding of the game's principles, an excessive desire to win money at any cost, or for example, wrong strategy.

Although casinos have many expenses in the form of rent, staff salaries, security, and equipment maintenance, this can be a significant factor on which a casino's profitability depends heavily, especially if Number of customers is not enough. Besides, they also have to compete if there are other casinos in the area
277  Bitcoin / Bitcoin Discussion / Re: Craig Wright Satoshi Claim Case Update on: March 30, 2024, 07:15:59 PM
It was already proven that he is indeed not satoshi nakamoto so he has a lot of explaining to do. He will be in even worse trouble if the money he has accumulated came from illegal activities. I wouldn’t want to be in his shoes right now.
As soon as it became clear that he was not the real Satoshi Nakamoto, it raised some questions and he needed to give many explanations.

If the money found in his pocket could be determined to have been obtained by illegal means, he would be in deep trouble with the law. Whether the money is illegal or not, accepting donations from supporters who think he is Satoshi Nakamoto could raise ethical and legal questions.

From all the evidence, it is clear that Craig Wright is in trouble of a more complex nature. Revealing that he was not Satoshi Nakamoto meant he lost face, followers, and even his life savings. But not telling the truth could put him at greater risk of trial.
278  Economy / Economics / Re: Debt Management. on: March 30, 2024, 07:10:35 PM
Debt can be considered an invisible disease that builds itself into our lives and causes us financial, mental and relationship troubles. Constantly relying on credit is no different than being addicted to drugs - it is very likely to become a habit immediately and will slowly but surely destroy your ability to control your money.

Better yet, we should aim for a frugal lifestyle and stay away from debt, especially loans for consumption needs. Debt should only be considered for business development purposes, but should also be carefully calculated and carefully managed to ensure efficiency and avoid risks.

When you run a business, good debt management is a key determinant of financial stability and predictability, allowing you to achieve your financial goals while maintaining a level of security. current finances. The problem is that it is not always that simple and one must be careful enough not to be trapped by certain consequences if the issue is not taken seriously enough.
279  Bitcoin / Bitcoin Discussion / Re: How would you dispose of a steel plate seed backup? on: March 30, 2024, 07:00:41 PM
This thread sparked a question in my head. Imagine that you are in a situation where you need to dispose of you wallet seed backup, but it is etched on a steel plate - how would you do it? The easiest answer is likely acid, but not everyone has access to it, and depending on the steel plate, it might be even highly resistant to corrosion. Another option is to damage it mechanically - in many of these steel plate products you are supposed to etch the words, so it should be possible to erase them or render unrecognizable. But it's likely hard to do thoroughly and traces of the words could remain.

Any more ideas?

Mechanically destroying the hard drive seems to be the most optimal option to ensure data cannot be recovered. Using acid is potentially dangerous and requires highly specialized knowledge to avoid accidents. In terms of efficiency, thermal fusing is not always recommended, while mechanization can be time consuming but just as effective.

But I think that everyone should equip themselves with a method to safely destroy your backup to ensure that sensitive data is not stolen. This can take time, especially when you need to process large amounts of data, but the security of your information is a top priority.
280  Alternate cryptocurrencies / Altcoin Discussion / Re: new meme coin help on: March 30, 2024, 06:36:02 PM
As a newcomer to the cryptocurrency market, it is important that you build a solid foundation with low-risk investments that provide long-term profits. Instead of risking high volatility and high risk memecoins, choose stable assets like Bitcoin. Bitcoin has a history of good performance and is trusted by many people, so it is less likely to suddenly lose value. Investing in stable assets will help you feel more secure and bring steady, sustainable profits over the long term.
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