Bitcoin Forum
May 25, 2024, 06:10:48 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 [141] 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 ... 529 »
2801  Economy / Trading Discussion / Re: cryptocurrency trading is safe than forex trading on: December 19, 2021, 06:55:40 AM
I think Forex is not the only trade that needs to be studied with care or that is complicated, cryptocurrency, stocks and other tradable items are complicated and needs attention very well because they are both really volatile.
Each and every speculative asset is volatile and is worth investing because each has their own pros and cons while delivering returns - otherwise nobody would trade on that asset at all. It does not mean that all millennials will move to bitcoin, unlike some news media might be saying.

The point is that there need to be a diversification assets that you earn into investment tools that you know and prefer. Being stubborn and going all-in into one asset is a wrong move. Today your country might accept bitcoin but tomorrow there might come in adverse laws against it, then the same news media will change its tone and say that millennials want stocks. Funny how these change in tone comes faster than the chameleons color change. Roll Eyes

Hence if someone has expertise in one asset, continue with that only, shifting assets is a risky move - worth it if you can do it at the proper time and with proper backup plans.

Each asset has its good and bad days - I agree. Hence it is better to keep a diverse portfolio but avoid altcoins - your crypto should mean coins from the top5 coins only. Your portfolio will never go all red if you know how to diversify correctly.
2802  Economy / Trading Discussion / Re: Do you have any favorite superstititions when trading crypto on: December 19, 2021, 06:46:02 AM
Do you have any favorite superstitions when trading crypto
No, I understand the charts and I know support/resistance levels. I know where to buy and when to sell from these levels and prior set points of trading. I use that to trade and not think of some crow flying or cat meowing.

Quote
like for example if you get off the bed on the right side of the bed, your coins won't dump
Humans like to be cognitively biased. That is the basis of superstitions. They have no scientific backing and are nothing more than another pseudoscience. If they keep you calm and happy, well and good. But when it comes to money and trading, you should think about them but about Fundamental and Technical.

Quote
wearing this color shirt keeps your portfolio in the green
If you are sitting in front of trading terminal all day, then you are day trading or likely doing it all wrong. No shirt or a bare chest will help you there.

Decide on what you believe but be scientific when it comes to real life. Only you are responsible for your losses or gains. Dont move that blame from yourself to some black cat or a broken glass.
2803  Alternate cryptocurrencies / Altcoin Discussion / Re: What is better to invest your funds in if the alt season starts? on: December 19, 2021, 06:40:08 AM
Let's imagine for a second that the alt season began in early 2022. What to do and in which market segment to invest your funds?
That is a big mistake, investing when the bull run starts is a wrong move, you need to buy when the bear trend is on. Of course I would only buy bitcoin and not altcoins or the hyped projects that are running in the name of altcoins.

Just because something is hyped does not mean it is a long term value project. Rather it indicates that the project is a short term one and the cheap thrills are the only thing worth getting from it. If you are into joining ratraces which may crash when you sleep, by all means get into them. But bitcoin is evergreen decentralized and censorship-resistant, you can never go wrong with it.

Next year some new hype will start and these will die out, imagine that happening right after you invest >10% of your assets into such tokens. You are going to go rekt and you will realize it too late.
2804  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: CG or CMC on: December 18, 2021, 05:07:36 AM
all forum members will definitely say CMC is better than CG, considering the credibility and popularity of CMC is now more trusted in the hearts of crypto players so that it becomes a reference to see the coin/token news they have but both are actually the best when described CMC like BTC while CG is like ETH in the market
You can create your own coin aggregator and put up your own coin there and then make it popular as well, although the success of the site in terms of traffic drawn might be less if you would go in the opposite order.

What OP asked is a wrong question. One does not list on CMC or CG or another aggregator site. They list what the exchanges are listing and if the coin gets listed on a well known exchange, it will come in to those lists in time. Majority of them pull data from several exchanges and it is hard to not find a coin with even a small market cap to be "included" on these sites.

OP might have thought about "featured" coins: these are paid promotional banners and that is a different topic.
2805  Economy / Economics / Re: Sharing and helping others on: December 18, 2021, 05:01:03 AM
I just want to say that we can help others, not only financially but by sharing what we know that can also help them. If there is a saying that "It's better to give than to receive", for me my saying is "It's better to share what you know in order to help than just to keep it to yourself".
I am always against the concept of "giving till it hurts" and so, I feel that if you give a man a fish everyday, he will start taking it for granted but if you teach them to fish they can feed themselves.

I appreciate the fact that Christmas is a time for giving, but that is only a temporary solution to the bigger problem but it is effective in pleasing the crowd which is why we see celebs giving away they black money to charities.

Quote
This Christmas if you can't give a gift like money, bitcoin and other material things, let's just share our knowledge of crypto with others as a gift.
Not everyone is conducive to teaching about bitcoin and I dont want to make it a cultish forced teaching. They have to come out of their own shells and wish to learn too. You cannot force feed about bitcoin and hope that they learn, they will laugh at your back.

Then again many of my old colleagues who were being "meh" to bitcoin back in 2015 are now asking me everyday what to invest in.
2806  Economy / Scam Accusations / Re: [SCAM] Girali.com - Ponzi scheme on: December 18, 2021, 04:53:33 AM
Newbie account posting an unrealistic value of return on domain name recently registered - Results in a badly executed scam. These guys should learn some tricks and least run the domain name for sometime and the forum account posting it so that they gain some attention. Looks like the scammers are now in a hurry to make money.

I hope the member of the forum and outside the forum are not foolish enough to fall for the above mentioned site/telegram link. It is a scam, you cannot make money just out of thin air, on the contrary to whatever someone tells you.

Flag supported from my end.
2807  Economy / Trading Discussion / Re: Fundamentally good coins on: December 17, 2021, 05:35:01 AM
The problem is I could tell a lot of coins which have good idea and maybe a good team but they might not end up being the multibagger despite that, became se generally just a couple of coins boom out of all the coins in the market working on the dame idea, these are generally the coins which get the first movet advantage or the ones that are VC backed,
A cryptocurrency that attempts to counter a mainstream market will face this problem because the niche of crypto is much smaller and it has not spilled into mainstream to that extent. I have seen gaming tokens at one time trying to do a lot many things but then all of them failing to do either of what they said because the mainstream gaming market is very competetive, Enjin for example moved on to NFT, another project called Nitro or something I dont recall correctly is as good as dead and many more.

Crypto projects therefore needs to be niche otherwise they never make any mark in the global economy - hard truth that major entrepreneurs already know but keep aside from investors - because it is a cat and mouse system for these two opposing parties.

Quote
so instead of finding such coins find some coins which have good future but are in top 100 or 200 like livepeer which has grown already a lot but still has potential to grow a lot in the future.
I have LPT in my wallet, which was airdropped. Its price has puffed up so going to hold it and see where it goes.
2808  Alternate cryptocurrencies / Altcoin Discussion / Re: about undiscussed potential altcoins on: December 17, 2021, 05:27:05 AM
If anyone ask for suggestion for an investment, then I saw people always suggest from top20 altcoins
Not even the top20, its like the top5 only and that too leaving out any forked coins, if they end up in the top5.

Quote
and some others altcoin rarely but there are also potential altcoins in top200 altcoins list of cmc/coingecko which are continuously doing well and has large marketcap and we usually don't discussion about those. I think we need to discuss about those potential altcoins as well as add those in our portfolio and suggestion list
Just because they are not discussed, does not mean that they have potential that are being overlooked. Maybe you are preferring them and wish for a confirmation bias from other investors.

If you see potential in something of those 200coins, feel free to invest in them.

That does not mean others are going to follow you. Depending on old charts, they have not done well and you cannot immerse yourself in coins that been playing underdogs for years - because they are never going to go up. So instead of wasting time and money on them, move on to bitcoin. But it is your money and your choice completely.

If there had been potential in "shitcoins" then common people would have bought them and they would have ended up in top50 at least and random celebs would not be trying to hype them.
2809  Economy / Scam Accusations / Re: [WARNING] PENNY UTILITY TOKEN Plagiarized Whitepaper on: December 17, 2021, 05:21:13 AM
Your suspicion is most likely correct, the content is copied from the Magictoken project - which itself seems to be a dead project with just nine holders as per their website and some more websites.

As usual, the ones copying a whitepaper will usually target the dead/abandoned projects so as to not get too much attention to it and use the lack of information to run their scam.

I would suggest sending a PM to the accused account, if they respond that they will stop cooperating with the scammers, all good. If they dont I suggest opening a flag on the accused.
2810  Economy / Scam Accusations / Re: Fairspin.io SCAM on: December 16, 2021, 04:30:22 AM
Have you PMed the account representing Fairspin in this forum, the same which you have linked in the OP? They seem to be active on the forum so it can help contacting them directly if you have not already.

A problem in the verification system does not mean that the casino has stolen your money. It might be stuck in the wallet, but it is not stolen. How long has this been?

You also need to include some screenshots to show that your deposit was credited - transaction logs or something similar, just a transaction on the blockchain does not suffice and also the screenshots of the support chat.

Offtopic, you have 500merits, since I could not find the ones who sent them to you on BPIP.org or Loyce.club, I assume they were airdropped merits for being a "Hero Member" - so a lot of your old posts were deleted?
2811  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin investment on: December 16, 2021, 04:22:24 AM
Every day hundreds of new play-to-earn gaming projects launch in the market.
I actually see the similarity with the emergence of the Get-paid-to-click type ads where you would get paid to see an ad and there would be sites hosting them and you would have sign up there. Dust earnings but I guess it gives them some cheap thrills.

Quote
The same team launches several projects with the same concepts but in a different way. They know where most of the money is flowing and these uneducated noobs make it easy for them to grab their money.
These people love the stupid games and that is what they are cashing in on. Point is that a large proportion of the younger generation is going to move away from proper education and wasting their time on playing such games to earn, when in reality they are being fooled into being a cogwheel of a large scheme by the creators of the project.

Quote
People are eating those cakes by the expectation of grabbing the next Shiba Inu. People like 2X 3X but they don't want to wait or study for it. NFT and Play to earn concepts is now the big bubbles. It will explode very soon.
They do sell like hot cakes and they want to bank on the success of previous projects. "Implode" is the term you are looking for, "Explode" is often used to indicate an increase so the opposite is correct. So the bubble is going to burst, if that is what you meant, I agree.

2812  Economy / Service Discussion / Re: A way to pay with Bitcoin/crypto at Uber in Europe? on: December 15, 2021, 01:53:19 PM
I would be very careful of this, depending on your country/jurisdiction. If you hire an Uber driver who says he will accept bitcoin, and you organize a private deal outside of Uber to pay in bitcoin, then you and the driver will not be covered by any Uber insurance should you be in accident or similar. You would need to check if the driver has their own private insurance outside of Uber to offer such rides before accepting.
I get what you mean, and I feel this will differ as per demographics, you can hail a cab with the option of paying in cash. The driver just needs to tap on that button once the ride ends from their end that the customer has paid and it is done. So when this is done, the rider and the driver can agree to transact in bitcoin.

Insurance is not really an important factor from where I live, it is a point of concern, but people here are more interested in reaching on time than anything else. Many dont even know that an insurance even exists there.

but I guess that doesn't make shitcoin developers any money. Roll Eyes
Thats the point, they dont see money in it and they never based it on a proper vision.

I don't know if it might be possible in other countries, but here in Central Europe (Belgium, The Netherlands and Germany) you can only pay with Uber via credit cards, Paypal and a few more electronic payment methods. Even payment in cash is not possible.
Yeah I think like I said above, this is a demographic issue, not all cities have Uber with cash as an option to pay.

Quote
But you have to be very lucky to find a driver who can handle and accept Bitcoin at all.
True, but this again goes with the "increase adoption" movement of bitcoin. I will pray to Santa for that too. You all should join in. Cheesy
2813  Alternate cryptocurrencies / Altcoin Discussion / Re: Any easier way to get coins and tokens on their day one launch? on: December 15, 2021, 05:43:16 AM
To all crypto investors out there is there any way to get information on projects before they list on even coinmarketcap and coingecko most especially projects with fair launch, I believe this way one will easily become one of the early investors rather than investing after the coins have surge
The are a number of fallacies here:

1. You do not invest on coins right after they launch. Usually that is the period of pump and dump - many investors play on the bet that the listing price will be huge and they are ready to dump on that. You will get inorganic prices at that time.

2. Becoming an early investor does not make it profitable. This is not bitcoin, these projects' future price depend on a number of factors. You would rather do research on the team, their whitepaper and if the project is feasible or not before making an informed decision.

Before the coin gets listed, of course you have plenty of time to check it and do research on it based on what you have. Go to the website, check their team, contact the advisory team and talk to them on linkedin directly. At times some scam projects put up certain people's pictures without taking their permission too - so you could dig that up too by doing so.
2814  Bitcoin / Bitcoin Discussion / Re: Bitcoin/crypto hacks or scams on: December 15, 2021, 05:37:05 AM
I read about a cryptocurrency hack recently where they were able to steal tens of millions of dollars.
With that kind of money involved, I'm surprised this doesn't happen often. 
Where you got the news from? Hacked wallets of individuals are way more common, but the reporting is rare. Very few people want to make it public that they lost coins due to their lack of secure methods or simply ignorance - humans dont like being called "fools".

If you are talking about exchanges getting hacked, then once every few months a certain exchange does get hacked and this has happened every year or so.

And then comes altcoin projects that end up with their vaults getting hacked or something similar. Not that rare I would say.

Quote
Good thing that people are so honest.
Yeah, about that, they are not. Since it is so easy to remain anonymous and still commit crimes here, it is rampant and the lack of anti-money laundering only makes it more difficult to trace. But they do get caught and often face charges, provided the money involved was big enough. For smaller retail bitcoin investors, you guys are out of luck for the legal route usually, so better secure your own devices and wallets.
2815  Economy / Service Discussion / Re: A way to pay with Bitcoin/crypto at Uber in Europe? on: December 15, 2021, 05:31:24 AM
So the question: does anyone know of a service/giftcard provider or another way to securely pay with crypto at Uber?
Maybe I am wishing for something too much but you might get lucky enough to get a driver who accepts bitcoin as payment and you can pay directly.

I would also vouch for bitrefill but since you already found the lack of stock there, I can understand your pain. The only option I would take is this was my case, was sell at the exchange some bitcoin and then use that to pay the driver. Of course this would be done before I start the trip, just like filling on in change before taking a bus or taxi.

It sucks that some altcoin projects tried to get ride-hailing based projects but failed. But it might be worth sending additional emails to Uber CEO for accepting bitcoin in future. I will pray to Santa for that this year. Cool
2816  Economy / Trading Discussion / Re: Why exactly is it that people don't like identifying yourselves (KYC)? on: December 14, 2021, 06:01:21 AM
I get that it goes against the fundamentals of crypto currency, but exactly for what reasons though? Assuming you're not using it for anything illegal (if you are then it's understandable), why the concern? I'm asking specifically when trading.
The major concern is always an identity theft, however considering that you are using a smartphone and a carrier your data is already being sent to many tech companies and hence your identity has already been stolen to some extent.

Dont rule out the "illegal" scenario just like that. Majority proponents of the no-kyc trend are done by criminal groups and who are into money laundering and I am not talking about your average street muggers, these are bigger corporations who are investing in cryptocurrency and own money that they have obtained by illegal means and trying to offshore it using bitcoin's pseudo-anonymity and lack of taxation.

When you are using someone's exchange, you are bound to be their terms, you like or not.  This has nothing to do with crypto's ideals.

Otherwise just go to OTC markets and exchange, but dont ask for safety concerns, liquidity and availability over there.
2817  Economy / Economics / Re: The tampering is making markets unstable on: December 14, 2021, 05:55:05 AM
Wars and the Fed tampering rates. Gosh, I have a lot to catch up to in terms of world politics as well as economics.
Hah, same here mate.

Our country is facing its own problems so much so that I was never even aware of such a situation brewing till recently I saw the problems that Ukraine might face if the war happened. I dont like such things and I pray that wars do not happen again.

Also American banking system is not the only system in this world, OP. India's upcoming bitcoin regulation bill is coming in hot and that is going to strike the market pretty hard. I would be ready for some massive movements, depending on how the community takes the bill. Although last time this bill was supposed to be passed, it was never passed actually, but the finance minister is very confident that this year it will get passed.

Keeping my fingers crossed and hoping for the best here.
2818  Economy / Economics / Re: Robert Kiyosaki expects a market crash and economic crisis - do you believe it? on: December 14, 2021, 05:49:38 AM
Just another book writer who gets rich by selling books on how to get rich < does that rhyme? Tongue

Its a parody of the current world where you have people who are spending a lot on things that go to waste when they can save that money to buy assets while again reading books written by self-proclaimed gurus about how to save money but not doing it.

I always say that those who call for certain market movements are essentially doing it for their own gain. Being a permanent bullish person helps you to sell your assets when you want and at whatever price you want. It is a crowd control trick to get more disciples and get rich yourself.

They promote bitcoin does not mean that their motives are selfless, it is quite the opposite.
2819  Alternate cryptocurrencies / Speculation (Altcoins) / Re: This December is a weird one on: December 13, 2021, 05:26:44 AM
Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?
It has revealed one thing, those shills on YT never had any idea of what actually happened in the market, in fact nobody does, it is a market where hype and trends seem to call the shots. So about time you unsubscribed to those "influencers" and all because they are only hollow vessels.

Truely this December has been different from the last few in crypto. I would assume the dump last week to be the reason to start this. Once a dump and correction happens the market may be a bit confused and go sideways. From there both up and down can happen depending on upcoming news, one of which is the Indian parliament deciding on crypto in India, there will be a bill passing.

Possibly the crazy memecoins that were making rounds have died out a bit too, so less movement coming from them. I got buy and sell orders on bitcoin at low and high points, suggest you do the same too. Either way it moves, you will have something to start with.
2820  Bitcoin / Bitcoin Discussion / Re: Can Machine Learning truly predict Bitcoin's price? on: December 13, 2021, 05:18:37 AM
I've watched a lot of YouTube videos and read a lot of articles that claim that you can predict the Bitcoin price with Machine Learning and artificial intelligence like using some algorithm. Truth be told it is both intriguing and almost at the same time confusing. Personally, I don't think any ML or AI tech can make any price prediction now because we have a lot of whale manipulation (because the market size is smaller than any other market). Well, while I may be wrong I would like to know what you think. Have you ever gotten a satoshi richer by following the prediction of an algorithm?
Prediction algorithms, ML and AI are currently the talk of the century. It is because of certain tech companies working on such projects that every social media platform ends up creating a buzz around it filled with users who dont even have any sort of tech background to talk about it.

Videos on YT get recommended by what people watch in your demographic and they should not be taken as all real or an interpretation of what is being done.

Heck if it was even real, then the market for such software would have gone up in huge demand for every trader would have wanted it. But that is not the case. Buzzwords should always be avoided and this is the bad effect when we give them unwanted attention.

The only thing that one needs to remember when thinking about prediction - they are based on previous chart data and recent news trends. But how the market may move depends on a lot of different reasons very much unknown to the common people. Hence such predictions can only be 50-50 correct, just like any other new analyst or self-proclaimed "financial advisor". I would rather do my own research on pen and paper.
Pages: « 1 ... 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 [141] 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 ... 529 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!