I'm currently taking a free course on basic options trading, and while researching about options exchanges, I discovered a decentralized options exchange built on Ethereum. I'm starting to believe that some altcoins might not be actual "shitcoins", and they might actually be useful specifically for wealth-building.
Nothing wrong with getting even more sophisticated in your approach or even adding trading and various financial instruments - whether they involve shitcoins or not. I have never taken the position that you cannot make money on shitcoins or getting involved in various shitcoin systems, but in my thinking you still need to make sure that you are not getting too distracted with how you spend your time and your money.... the younger you are or maybe the more that you are interested in dabbling into various kinds of smoke and mirror topics, the more that you might be able to risk some of your bitcoin investment into various shitcoin projects - but I would also be careful of trying to consider them as anything even close to bitcoin - even if there might be a variety of ways to potentially increase your value by gambling and putting money into those various products. Seems to also go beyond the topic of this thread, for sure. I'm starting to find it necessary for what I need, but I can always use Deribit although I don't find long term call options that expire for more than one year in their exchange. I'm merely trying to be ready for a March 2020-like crash situation. I believe if there was a long term call option available during that particular crash, with a strike price of $50,000, that would have been a very profitable "gamble".
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Username: urukhai I am Blackjack.fun!
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You are accepted. Please wear sig an avatar and let me know. 1x Hero/Legendary and 1x Sr slot open. Keep Apply Thanks. I thought I wasn't accepted.
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About "HODLing", a friend told me that it might be better that you should never tell ANYONE, including you very close/trusted friends and family, how much you have invested in Bitcoin, or how much you are passively making. Sometimes you might feel jealousy if Bitcoin is surging, and during other times, you might feel that they are happy if it's crashing.
+1 It's usually a lot of money and you don't want to attract attention. MO coinz MO problemz.... It's really very laughable because my friend was one of the people who was telling them, almost begging, and definitely being very annoying, to buy Bitcoin during the bear market. It would have been a golden opportunity for them. But what did they do? Because maybe some plebs are smarter than other plebs. people always advice other to buy bitcoin during bear time, i want to ask if bear market don't have volume where by you can buy during the bear time when the bitcoin is in stage of 20k and after some time the market kept going down to 13k till one year decrement, so what is going to be the benefit of buying during the continuous falling time of bitcoin and bitcoin refused to rise Of course, one of the presumptions that any of us make with either buying BTC on dips, or buying BTC on a regular basis no matter the cost (that is DCA) or even HODL strategies is that there is a bit of a presumption that in the long term, such as 4-10 years bitcoin prices are going to be higher than they are today or at least if you were to keep buying on a regular basis that the price of bitcoin is going to end up being higher than your costs. There are no guarantees that the BTC price is going to go up in the long term, so in some sense if you are investing into BTC for the long term such as 4-10 years or longer, you should have some level of conviction or confidence in bitcoin as an asset.. and of course, no investments are guaranteed. If you do not have any kind of long term conviction about Bitcoin having decent chances of going up in price in the long term, then probably you should not be investing into bTC and perhaps you should find a better investment (or at least one that you are more comfortable and confident). Although deep inside of me doesn't believe, or doesn't want me to believe, that there are no guarantees, I believe saying that there actually are NO guarantees is the right thing to do. Especially the newbies. 2019 was a very different experience, I was very enthusiastic in telling everyone "BUY NOW", but I had much to learn, and still have much to learn. I will agree with you about the part that it is really NOT easy to attempt to show someone that bitcoin is likely one of the most asymmetrical bet to the UPside that anyone can make while at the same time asserting that the person (audience) has to take complete responsibility for their own investment decisions. Sometimes, I am not sure if I am the one who has been dissuading my acquaintances in real life to invest in bitcoin because so few actually choose to either invest into bitcoin or even to investigate afterwards. Actually when years go by, I can tell that my message had sunk in because frequently I am credited with "I should have listened to you, and invested into bitcoin when you told me x years earlier." So, then the assumption in the then current conversation becomes that bitcoin has already pumped up so much that it no longer makes sense to invest into bitcoin, and almost always, I say get started right away.. don't delay.. if you do not have any bitcoin, then figure out your finances and start buying BTC regularly.. even if it is ONLY a small amount, and do not get distracted with shitcoins. Almost no one listens. And, what can I do? in some sense the audience (no coiner) needs to be ready, and I am not going to pressure the audience or attempt to twist their arm. As a financial hedge, I still believe it's better to wait for the DIP, but as a hedge against a non-elected cabal who might/are making mistakes concerning the monetary system, I agree, don't delay and HODL some now. I'm currently taking a free course on basic options trading, and while researching about options exchanges, I discovered a decentralized options exchange built on Ethereum. I'm starting to believe that some altcoins might not be actual "shitcoins", and they might actually be useful specifically for wealth-building.
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#Authentication Post Type of campaign: Signature Bitcointalk Username: Wind_FURY ERC20 wallet address: 0xFF472C74241ADC6B09E2Ee6a34A2e93b1E2c3a49
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Their website seems to be have been down for some time. I hope they fix the issue and continue as a viable option for those seeking to mix their Bitcoin. The Onion link is down too. It's possible that they're migrating their servers.
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Let's learn options trading together! Options is arguably "safer" than leveraged trading and I believe IF, only IF, Bitcoin crashes like March 2020, taking a long term call option that expires more than one year might be profitable. It requires less capital, and doesn't require your full attention, like HODLing. I would like to use my money to buy Bitcoin, and HODL it. If I trade, I preferably use the Spot trading. I definitely agree, but I was merely thinking if we are lucky to have another "golden-opportunity-crash" like what happened during March 2020, then I believe buying long term option calls with strike prices of $50,000 or more might be very profitable. Honestly I lost money from margin and it is my painful experience. If there is risk of liquidation with option trading, I would like to say no with Option trading. Because I know that I can not manipulate the market and my prediction is not always accurate. If market moves negatively and down quickly and I don't control my position well enough, liquidation will knock me out.
There is no liquidation in options. All you lose is the investment you used to buy the option if it doesn't reach the strike price. I believe if the option is for 1 Bitcoin, the price of the option might be 10% of that or less. I haven't started course yet. But I have found a decentralized options exchange where you can buy a call or put option cheaply. It's in Ethereum though, which I have never used. Let's learn options trading together! Options is arguably "safer" than leveraged trading and I believe IF, only IF, Bitcoin crashes like March 2020, taking a long term call option that expires more than one year might be profitable. It requires less capital, and doesn't require your full attention, like HODLing. The course is by Deribit. I am not promoting Deribit, nor have I traded in Deribit. As for Deribit, it is a good and original derivatives exchange. It is the best for option trading. As for security ... well, relatively. Options are derivatives, and like any derivatives, they are dangerous for any unprepared trader. They can be less risky than trading with leverage on margin (although if you use adequate leverage no more than x2, then the issue of risks becomes not so relevant). But the trader needs a good understanding of how to trade options in general. Although I wouldn’t advise ordinary speculators to go there, ordinary spot trading is better suited for this. Options are more used as a hedging tool. Or a "golden opportunity tool" if there are long term options contracts that expires for more than one year. Buying a long term option contract, if there was one available during March 2020, with a strike price of $50,000 would have been a profitable investment for a small portion of your capital.
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Ser, no need for an exaggerated reaction with this situation. Relax, it's merely an opinion. If you don't share it, then let's agree to disagree. I'm simply starting to believe that Bitcoin shouldn't be "black" or "white".
We can agree to disagree, sure, but that doesn't stop me from arguing my point. I also don't see it as an exaggeration at all. In no other walk of life would we tolerate the crazy amounts of privacy invasion and censorship being forced on us by centralized exchanges, services, and some wallets. But for some reason when it comes to bitcoin, trying to protect even a shred of your privacy becomes taboo and the default option seems to be to open your entire life up to scrutiny by a bunch of complete strangers, which is the exact opposite of the ethos behind bitcoin. I don't debate your viewpoint, in fact, I agree with it. But please get the context, I am merely talking about something else entirely. That I simply don't want to be personally responsible if someone else's savings in Bitcoin can't be converted back to fiat because his coins were tainted. I will teach what I know, but it's up to him/her to do the act.
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Deribit Options Course Learn and understand how to trade Crypto Options in our free Options Course. • 80 Lectures with Quizzes to test your Options trading knowledge. • More than 7 hours of video and readable content. https://insights.deribit.com/options-course/Let's learn options trading together! Options is arguably "safer" than leveraged trading and I believe IF, only IF, Bitcoin crashes like March 2020, taking a long term call option that expires more than one year might be profitable. It requires less capital, and doesn't require your full attention, like HODLing. The course is by Deribit. I am not promoting Deribit, nor have I traded in Deribit.
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About "HODLing", a friend told me that it might be better that you should never tell ANYONE, including you very close/trusted friends and family, how much you have invested in Bitcoin, or how much you are passively making. Sometimes you might feel jealousy if Bitcoin is surging, and during other times, you might feel that they are happy if it's crashing.
+1 It's usually a lot of money and you don't want to attract attention. MO coinz MO problemz.... It's really very laughable because my friend was one of the people who was telling them, almost begging, and definitely being very annoying, to buy Bitcoin during the bear market. It would have been a golden opportunity for them. But what did they do? Because maybe some plebs are smarter than other plebs. people always advice other to buy bitcoin during bear time, i want to ask if bear market don't have volume where by you can buy during the bear time when the bitcoin is in stage of 20k and after some time the market kept going down to 13k till one year decrement, so what is going to be the benefit of buying during the continuous falling time of bitcoin and bitcoin refused to rise Of course, one of the presumptions that any of us make with either buying BTC on dips, or buying BTC on a regular basis no matter the cost (that is DCA) or even HODL strategies is that there is a bit of a presumption that in the long term, such as 4-10 years bitcoin prices are going to be higher than they are today or at least if you were to keep buying on a regular basis that the price of bitcoin is going to end up being higher than your costs. There are no guarantees that the BTC price is going to go up in the long term, so in some sense if you are investing into BTC for the long term such as 4-10 years or longer, you should have some level of conviction or confidence in bitcoin as an asset.. and of course, no investments are guaranteed. If you do not have any kind of long term conviction about Bitcoin having decent chances of going up in price in the long term, then probably you should not be investing into bTC and perhaps you should find a better investment (or at least one that you are more comfortable and confident). Although deep inside of me doesn't believe, or doesn't want me to believe, that there are no guarantees, I believe saying that there actually are NO guarantees is the right thing to do. Especially the newbies. 2019 was a very different experience, I was very enthusiastic in telling everyone "BUY NOW", but I had much to learn, and still have much to learn.
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I answered "No" because it entered a bear market a long time ago and will never exit.
I answered "No" too because it entered a bull market super cycle a long time ago and will never exit as long as it's Bitcoin is on its path to price discovery. You don't believe me? Always zoom out, if in doubt, https://bitcoin.zorinaq.com/price/ Plus does anyone remember what 2019 felt like? 2022, 2023 will feel the same when Bitcoin has surged to six digits during 2024, 2025. It will be a memory of missed opportunities.
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S2F is in the bin if we’re honest. Plan B was predicting all kinds of bullish prices which we got nowhere near. I followed him like a disciple for years but I don’t listen to anything he says now. He blocked me on Twitter also, for suggesting it’s time to retire S2F It's not that the model is flawed because the surge to $100,000 didn't happen. It's that the model was made under the wrong assumption that makes it flawed. It's also like saying BCash SV too will surge to $100,000 because of the halving of block rewards every four years. Don’t get me wrong, we will reach $100,000 but it’ll be in 2024 or 2025 after the next halving.
$100,000 by 2024 is "on schedule" according to "the model", but it doesn't make it right because it's based on a wrong assumption.
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I personally was a doubter of S2F, then a believer, then after talking to some smart people, I have become a doubter again. The model assumes that scarcity alone will drive the price up, ignoring demand/or assumes that it will be the same forever. It's not very easy to accept in a practical sense.
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Plus I was under the impression that this was going to be a long term campaign, that's why I agreed to leave Lutpin and Crypto.games. Hahaha. But it's not your fault, icopress.
Of course it's not his fault; it's your fault of not reading something properly. It was literally on the first post on the first page of this topic. It says the campaign will run for 2-3 weeks, so I'm glad it even went for a third week since it didn't seem guaranteed from the start. You probably saw the '0.005 BTC / week' and stopped reading. I believe before you post with that tone, first know the context. He messaged me privately ser. Plus is there something that I did to hurt you? I never had an encounter with you in the forum before, yet I feel like you have something personal against me.
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OK, if you say so. But I personally don't want to be responsible if newbies' coins are withheld by an exchange just because I told them "there is no danger". Especially newbies who are Coinbase users.
Does everyone see the contradiction in the bold highlighted part? Wind_FURY; you care about your friends' funds, yet allow them to use a centralized exchange? How does that make any sense? You're nitpicking ser. You know what the real practical situation is among users, old and new. If you disagree, or believe that I am wrong in my personal opinions in this matter, that's not a problem ser. You do you. OK, if you say so. But I personally don't want to be responsible if newbies' coins are withheld by an exchange just because I told them "there is no danger". Especially newbies who are Coinbase users. If the user is already neck deep in fully-KYCed zero-privacy zero-sovereignty bottom-of-the-barrel centralized exchanges like Coinbase, then I can completely understand where you are coming from. But as n0nce has correctly pointed out, the enemy here isn't the privacy protecting techniques and services; it is the centralized exchanges which are fighting against your basic rights. If a grocery store said "You can't shop with us unless you provide us a copy of your bank statement", then no one would say "You better make sure you use a bank which provides PDF statements", but rather everyone would say "Don't use that store". If an employer said "You can't work with us unless you provide us a copy of your entire internet browsing history", then no one would say "Make sure you never use incognito mode", but rather everyone would say "Don't work for that employer". If a bank said "You can't open an account with us unless we can see all your online chat history", then no would say "Make sure you use insecure and unencrypted messaging apps", but rather everyone would say "Don't use that bank". If an exchange says "You can't use us unless you provide a copy of all your documents and let us monitor all your financial dealings and transactions", then why do people say "Make sure you comply and don't use any privacy protecting techniques" rather than "Don't use that exchange"? Ser, no need for an exaggerated reaction with this situation. Relax, it's merely an opinion. If you don't share it, then let's agree to disagree. I'm simply starting to believe that Bitcoin shouldn't be "black" or "white".
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Thanks for the extra payment.
Plus I was under the impression that this was going to be a long term campaign, that's why I agreed to leave Lutpin and Crypto.games. Hahaha. But it's not your fault, icopress. Don't you worry, the [banned mixer] owners will contact you soon.
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If WAR makes the cabal to lose control of the monetary system, leading to hyperinflation, how would the hardest money in the world perform under such conditions?
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Russia does not have a positive future. In the east, it borders on the insidious China, in the south - on the bloodthirsty Taliban.
In the East, China is actually Russia's ally. Russia has already started a trade deal, and has just delivered China's order of oil and coal all paid in Yuan. I believe this will only be one of the actions that will start to weaken the U.S. Dollar's position as a world reserve currency. Civilizationally, China and Russia are absolutely alien to each other. Russian children read novels by Frenchman Jules Verne, Scotsman Robert Lewis Stevenson, Englishman Daniel Defoe, Americans Harry Harrison and Robert Sheckley, Swede Astrid Lindgren, German Brothers Grimm. They do not read Chinese fairy tales and novels. China is Russia's neighbor. However, its volume of trade with Russia is only 3 percent. China's main trading partners are the US, the EU and Japan. China has the potential to occupy most of Russia. From this step, he (perhaps) is kept only by the fact that the Russian Federation has nuclear weapons. China has no reason to quarrel with its main trading partners over Russia. Strategically, it is important for China to weaken the economic and military power of Russia. In fact, Russia has already concluded long-term agreements with China on the sale of cheap gas and the supply of timber. What else can Russia give to China? Thanks for the history lesson. But I have only posted facts. Russia and China has indeed started a trade agreement between each other for Russia to sell oil and coal to China, everything paid in Yuan. What China might be trying to do is they're starting to position the Yuan as the replacement of the U.S. Dollar as "the currency" for World Trade.
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Today we’re excited to announce Taro, a new Taproot-powered protocol for issuing assets on the bitcoin blockchain that can be transferred over the Lightning Network for instant, high volume, low fee transactions. This announcement marks a big shift to a multi-asset Lightning Network with the potential for the world’s currencies to route through bitcoin liquidity on the network. At its core, Taro taps into the security and stability of the bitcoin network and the speed, scalability, and low fees of Lightning. Together with the new protocol, we're also announcing our Series B fundraise to further build out Lightning Network infrastructure and help Number of People Go Up. 📈 Taro enables bitcoin to serve as a protocol of value by allowing app developers to integrate assets alongside BTC in apps both on-chain and over Lightning. This expands the reach of Lightning Network as a whole, bringing more users to the network who will drive more volume and liquidity in bitcoin, and allowing people to easily transfer fiat for bitcoin in their apps. More network volume means more routing fees for node operators, who will see the benefits of a multi-asset Lightning Network without needing to support any additional assets. https://lightning.engineering/posts/2022-4-5-taro-launch/Keep some of your attention on what these developers are trying to build on Bitcoin, and the Lightning Network. Node operators, prepare yourselves for more competition on those routing fees. Plebs accumulate as much Bitcoin as you possibily can during the next bear cycle. Bitcoin/Lightning might be more than a "payment network" during the new bull cycle.
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It will be a complicated issue from an idealistical perspective, but I believe in educating newbies and letting them make their own decisions as long as they know the risks/danger of what they want to do.
There is no danger. Why is everyone always so afraid of everything? You're in Bitcoin and believe in free (as in freedom), anarchistic money, in decentralization and in no authorities but you let a random American company tell you that some coins are better than others and let them decide which ones are? This is fucked. If you believe this and if you tell people this stuff, you're actually working against everything Bitcoin stands for and siding heavily with authoritarian, oppressive companies and organizations that wish nothing more than controlling every single thing you do, buy, everywhere you go, who you interact with and even what you think. OK, if you say so. But I personally don't want to be responsible if newbies' coins are withheld by an exchange just because I told them "there is no danger". Especially newbies who are Coinbase users. I am also starting to believe that Bitcoin should not be as "black" or "white", there are areas in the middle for all types of users.
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