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2801  Alternate cryptocurrencies / Altcoin Discussion / Re: Not all hacked on exchanges are real on: May 06, 2022, 03:37:34 PM
Op is right if he meant that an insider helped the hackers to do their job but, on the other flip a genuine exchange cannot cooperate together as a team to take traders funds and blame it on hackers. Most of the successful hacking attacks succeeded through the help of an insider or the loophole of their firewall.
2802  Bitcoin / Bitcoin Discussion / Re: American University, Bentley now accepts crypto's for tuition payments. on: May 06, 2022, 03:25:41 PM
Recently, I read on reddit that Gucci now accepts bitcoin and after a while they changed their mind after the Thursday market dump and said it's just for 5 stores. This will be the issue of any institution that accepts bitcoin as a payment method. They will face challenges that may cause double mindset in running their business. Moreover, the best cryptocurrency for non cryptocurrency platforms should be stable coins or nothing else. Unless the company or School wants to invest into bitcoin for long term profits using tuition fees as a means of gathering bitcoin then it's a nice move. Adopting it as a means of running the school's day to day activities like paying bills can be devastating when the market plunges down.
2803  Bitcoin / Bitcoin Discussion / Re: MicroStrategy Finance results unveils how whales suffer big loss. on: May 06, 2022, 03:12:54 PM
But, the main point is, the higher the amount of bitcoin a person holds determines how huge their profits or loss will look like when the market is bullish or bearish.
Yes you are right, but you missed the most important part. all of that happened when he sold it. if he doesn't do it during a bull or bear market. he doesn't really make a profit. only the portfolio will be seen growing. a person can be said to get a profit when he sells the coins he owns. in the case of microstategy, it doesn't really make a profit or lose, because they don't sell in a bull or bear market. they just buy and keep buying.

Ok I understand the point everyone is adding to my post. They will earn more profits if bitcoin should go bullish again and they are still in the safe side if their bitcoin is intact. I didn't view it this way and it makes sense to me now. Thanks all.
2804  Economy / Gambling discussion / Re: Hard earned money - Busted in seconds on: May 04, 2022, 09:30:50 PM
OP, I would say that you took a risk and it didn't favor you, and the problem is half solved because you took responsibility of the mistake. What is required of you is to focus on how the debt will be paid. And, remember not to make the-same mistake twice.
2805  Bitcoin / Bitcoin Discussion / MicroStrategy Finance results unveils how whales suffer big loss. on: May 04, 2022, 09:21:08 PM
The company with the highest amount of bitcoin as of march 31st holds about 129,218 BTC worth 5.8 billion dollars when bitcoin price was $45,602 per 1 BTC. Many bitcoin users envy the whales during the bullish run because of the huge profits they bag and don't consider how bad is their losses like when the market plunges down. According to coinmarketcap MicroStrategy had a big loss of $1billion within one month when bitcoin price dumped to $37,800. On the other flip before considering how big the amount is, it's not totally a loss on their investment knowing that they bought bitcoin at the price rate of $30,700. But, the main point is, the higher the amount of bitcoin a person holds determines how huge their profits or loss will look like when the market is bullish or bearish.

2806  Bitcoin / Bitcoin Discussion / Re: Who's behind the mysterious Bitcoin? on: May 04, 2022, 08:20:34 PM
Quote
why we can easily transfer two BTC around 80K USD without any KYC but if we transfer 7k to our personal account they freeze that account and we have to show them plenty of documents to release that?
Sorry I'm answering your question with another question, have you thought about the reason why the issue of bitcoin is bringing employment to the centralized finance institutions like banks or even the SEC. Bitcoin got no rules attached to how much you want to send or receive, pay your fees and the transaction is confirmed and everyone is good. The bank have a strict rule on specific amounts that should attract numerous documents before the money is cleared. So, before you get deceived that bitcoin is a scam think about the question above and remember that the SEC hired 22 employees to expand the unit in-charge of bitcoin regulation. Those people were hired to work against bitcoin but, they got hired in the first place. Without the existence of bitcoin those employees would have been jobless. The energy of bitcoin is both ways and it serves the public both those who are against it benefit for being against bitcoin and those who are for bitcoin get more profits for believing in the technology. I wish you'll understand my point.
2807  Economy / Gambling discussion / Re: Australia to ban Pokies on: May 03, 2022, 09:02:50 AM
They are step by step ways of fighting addictions and banning pokies which takes up most of the gamblers time is one amongst them.  When an addicted gambler can't get access to the gambling stands it'll help reduce the addiction. Being addicted to gambling is against the gambling rules and the Australian Government will do anything possible to fight such development in the country. In addition, they are some behaviors that requires a citizen to visit the hospital such as attempting murder because they are indebted which resulted from the gambling habit. Such bad news appear rarely on mainstream medias and I believe it doesn't happen regularly.
2808  Economy / Gambling discussion / Re: Where does your country stand ? on: May 03, 2022, 08:46:34 AM
The list must vary depending on different gambling news researchers, writers and journalists. But, the number 1 on OP's list is correct because Australians are all into gambling and I've read different articles pointing at some actions that gamblers in Australia take which goes against the rule of gambling. These citizens are not adults but, they use their parent's IDs as KYC which is a bad step to opening an account that most online casinos ruled out as a sin and such users can get banned for breaking the TOS of the company or platform.
2809  Bitcoin / Bitcoin Discussion / Re: New York passed a bill against Bitcoin mining on: May 03, 2022, 08:28:36 AM
Since the government are not impressed with the amount of energy bitcoin consume they will not keep quiet about it. That's why when the woman pushed the bill they voted it up and it got approved. These are just some practice that will demean the existence of bitcoin in New York. And such mining energy critics include bankers that feel insecure about the existence of bitcoin on their job and financial business, which is taking a losing step. The best decision is for miners in New York to migrate other state will lesser restriction on bitcoin mining.
2810  Bitcoin / Bitcoin Discussion / Re: There too much information about btc on: May 03, 2022, 08:02:25 AM
They are many other ways you can get information on cryptocurrency communities on Twitter such as making a list of people you trust their content and, want to see their tweets. Avoid your timeline like a plaque they are made up of the activities of people you follow. Those activities may not tally with what you need to see about bitcoin. Ill information about bitcoin is for clout, traffic and special interest purposes. So next time you visit social media that share cryptocurrency news e.g. twitter just make a list and enjoy a winnowed out information that will help boost relevant information about bitcoin on your device. 
2811  Economy / Services / Re: [OPEN] BitLucy.com 🎰 Signature campaign ⚽🏏🥊🏀 7 EURO Free bet 777 users! 🔥 on: April 25, 2022, 05:42:55 PM
Current Number of posts including this one: 279
Telegram Username: Accardot
Bitlucy Username: Accardo1
Merit earned in the last 120 days: 86
2812  Other / Off-topic / Re: Which sport interests you!!! on: April 13, 2022, 08:13:39 AM
Hand ball was only popular in school during inter school sports Fiesta and players get cheered up for scoring in a small goal post. After school I've not seen people around my environment play this game. Volleyball is viral among youths and ladies in my city and I love playing Volley ball because of how organized it is when playing, and the risk of getting injured is lesser (compared to handball) unless the ball lands directly on a player's finger.
2813  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: April 13, 2022, 08:04:37 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2882909
Current amount of posts (including this one) 277
Segwit BTC address for payout: bc1qrgp3ljsv9cm9cskwhp06xpzjphk6562404rt0n
Earned merit in the last 120 days: 86
2814  Bitcoin / Bitcoin Discussion / Re: A month of WAR on: April 13, 2022, 07:35:24 AM
It's sad at one end that Ukraine began a fresh year with Russia invading their country with armed military men and rocket attacks. Despite the bounce back of the Ukrainian army their economy must have suffered rigorously for the Government to legalize cryptocurrency as a means to survive and get financial help from people. The new order may help the price of bitcoin but, the life of civilians lost including kids saddens the world about this war. And the numerous sanctions on Russia seems sacrosanct on the actions of Putin. I think the war will not end soon if Ukraine doesn't get physical help from nearby countries and also invade Russia as well. Because it's a war and it shouldn't be one sided. Putin will not feel the pain of sanctions compared to the sadness on Zelenskky's face watching the life of His citizens scattered around the world seeking for shelter elsewhere while in the process falling into the hands of traffickers and other dangers. Russia is actually feeling no pains though we have our loved ones there but, it's time this betrayal ends and Ukraine allowed to fix her nation again.
2815  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay away from crypto influencers on: March 13, 2022, 10:37:14 PM
The cryptocurrency youtubers are shillers and like any other influencer on social media they offer promotion to new projects and most of them don't research if the project is good or not. They just go for the funds and accept money for Giveaway so as to keep their audience active. I don't think someone should take advise from them in the first place unless they don't know much about cryptocurrency or they depend on them for information and updates.
2816  Bitcoin / Development & Technical Discussion / Re: Can Quantum Computer's destroy Blockchain and Bitcoins[SHA-256 specifically] on: March 13, 2022, 10:14:42 PM
QC is actually a way for brands like Microsoft to get funds from investors. Quantum computer cannot exist in the first place because of the number of qubits required to solve a cryptographic problem is much and they are fragile too. The qubits cannot stay in some environments. It depends on weather conditions.
2817  Alternate cryptocurrencies / Altcoin Discussion / Re: Why you should Buy QZKCoin? on: March 13, 2022, 10:08:24 PM
Well Op what is the use case of your coin or project. What ways can it be of help to the cryptocurrency ecosystem.  I would've gone through the links you provided but, they are some shortcomings with me now will definitely check them out soonest. Also endeavor to provide readable information about this project on this thread. Because not everyone will click on the links above. So, a brief article about this project will go a long way for the growth of this project in future. Imagine when this thread ranks on Google and they are no proper information on the thread that can convince an investor to put their funds into the project.
2818  Economy / Scam Accusations / Re: DUELBITS.COM STOLE 545$ FROM ME PROOF on: March 13, 2022, 09:57:49 PM
RELEVENT forums gambling and scam forums guess you dont speak English as your first language

OP you just have to lay your complaints in a professional way. They are sections for this type of dispute. You can as well drop a comment on their official thread. If you strongly believe that they are not trust worthy more people will learn about this on their thread. Most people who use Duelbits may not get to know about this as you claim if you spam especially in the wrong forum. It's important to hit the complaints in front of them and get a responsive reply that will satisfy you too.
2819  Bitcoin / Bitcoin Discussion / Re: Upliftment of Crypto Ban of Nigerian Banks on: March 13, 2022, 09:48:17 PM
The ban of cryptocurrency in some African countries like Nigeria is not proper. Because Africa is one continent that seriously need cryptocurrency to survive. Regarding the bad governance in this part of the world it's a good thing for youths to get hold of a freedom asset that will keep them off from thinking about the wrong did of the Government. It will as well help reduce depression and crime. As most crime are being committed by youths because of unemployment. On the uplifting of the ban in Nigeria, it's the best choice for the citizens who are into cryptocurrency.
2820  Economy / Trading Discussion / Re: Is trading journals worth it? on: March 13, 2022, 09:38:00 PM
Snipe
If there is one thing I could say to you now is that, there is one standard to any form of crypto or even fx trading. There could be only principles to guide you on a path buy the path is not definite. That's why it is advocated that traders develop a trading strategy that suits them, apply it and when you find it to be producing positive results, you stick with it. At least for the times it still works becuase, the pattern the market assumes changes from time to time.

These doesn't mean the journals are any less useful or meaningless. They tend to point you to a path and aid you in developing a pattern. Have you ever wondered what history is to human existence?
The journals are the keepers of these histories and they serve a purpose in relating what has been, what is happening now and aid in the prediction of what could happen next.
The crypto market is constantly changing but it does not mean that history becomes useless anymore. Its even a good guide for us as there are times that history repeats in the market. And knowing that, having trading journal can be more helpful in guiding us to be more of an efficient trader by knowing all our strengths and weaknesses in trading. That way, we can focus ourselves on the things we need to improve and things we need to retain to make our trading more successful.

Of-course, history do repeat itself on a rare case. Because the cryptocurrency have different reasons to it's price change. So traders who use Journals to trace back how they traded in the past just to utilize on their present trading may be making a huge mistake. When I said trading journal is useful in the future is just for reference purposes.
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