I am to make a small thread on supply and demand for newbies. And I need to know is this a good place to post such a post or is there another better place available in Btt forum. let mr know.
When you're talking about supply and demand related activities it is best made on the economics board but you need to be specific on which aspect or area on supply and demand are you referring to, if it talks about bitcoin price then trading or speculation is best for such, if it talks about bitcoin in general you could make such on bitcoin discussion, and if it's an education or enlightenment that has to do with new discoveries you could also make it on beginners and help while if it's all about altcoins then the altcoins discussion section is best, so choose which area are you interested on and make it more specific so as to get accuracy to the necessary applicable board. |
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Good idea, it gladdens me seing newbies got motivated from the impact of the forum, not only that but you have also make it a responsibility to take the charge to enlight others about Cryptocurrency, this is a welcome innovation and always remember this that learning never ends and what you've learnt today needed to progress you to a high level of knowledge acquisition, i wish you more better days ahead and a successful crypto experience althrough.
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Let's give it another look from this approach, when bettings become too high, regret becomes inevitable for a gambler, this is when you begin to see a number of side effects in the live of an addicted gambler that let the whole gambling got to override his personal integrity and control, it has been a rare occurrence in situations where an addicted gambler turns not to gamble again in a lifetime, just almost same spirit back it up with those addicted to alcohol, once into the system is a lifetime contract of both good and worst seasons in gambling.
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After the Ethereum merge from PoW to PoS, some organizations wanted bitcoin to change to PoS too, but that is never going to happen for now Not only will this nit going to happen now, it will never happen as i strongly believe, if the reason for the advises change from PoW to Pos is because of the energy challenge in relation to environment then i think there's lot to serve as alternative to that we the whole mining process go green using a renewable energy source, but by then i think the government would have realized the big deals they would have missed from the benefits bitcoin mining is serving them through PoW energy use from their source Instead of people to focus more on how the world can stay away from the use of fossil fuels to generate energy, which are releasing high amount of carbon, all they know is to focus on bitcoin PoW They keep on arguing this because they are yet to get convinced that bitcoin mining is environmentally friendly and this has been spelt several times to their hearing, but they can't just but attack. Is bitcoin PoW the problem? No. Most problem are the countries that have no other alternatives than to use fossil fuels to produce energy.
Yes, and the average miners who can't afford the capacity to set up an alternative energy source of which i even believe should be more cheaper than the one coming from the government. |
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Imo the biggest mistakes newbies can me in crypto is believing in everything or straightforward believing someone else opinion without checking different sources or options These are the categories of newbies that eventually left everything to be handled by the ones that introduced them to bitcoin not even minding on taking their time in learning and making some personal discoveries about bitcoin, they will later come to the forum after being scammed and cheated to report how they can recover their stolen funds from their bitcoin wallet. Many believe that cryptocurrency is easy and any action they do is correct and in future will bring money. I've seen many times those "I know it better and there is no way I am gonna get scammed" kind of people in crypto.
These are another category set of people that overconfidence is dealing with, they won't calm to learn but believed they've already know it all, the funny aspect is when they got scammed, they won't come out to say it, but they will still be in doubt if it could actually be a scam or not  |
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Teaching children about financial education is a good idea but we have to be mindful of the age tange at which this should be taught, you know children are very quick in learning and assimilation when it comes to acquiring knowledge and we havebto be specific in targeting the specific areas of financial education we wanted them to learn from, we must not just open them free to do ehat please them with money but they must understand the need for doing a particular things that requires finances, they must know that getting money is not as easy as expected and same way effectively utilizing it also is a good thing to do, children must be taught how to earn it, spend it and save it.
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 source Let's take a look from the above diagram illustration about bitcoin, we could see how it can serve many areas of the economy with the best at every comfort, bitcoin is not just a digital currency, but it has multi diverted application for usage, such is being used as a currency, assets and store of value and profitable investment to mention but few, the world is demanding for the adoption and use of bitcoin because it's serve a role more than fiat could offer from the above listed areas of its applications, dome call it a digital gold, why is because it's a currency that serves an asset that does not go with inflation of fiat system of economy, that's why we can conclude in saying bitcoin is sustainable itself. Fully decentralized and not tied down to any country's flux of economy change that affect fiat which inflation has overcome them all, so from understanding the system of bitcoin right from the beginning, its all about indepency, many suffers inflation because of a centralized dependency in an economy, but bitcoin has built in a proof against inflation right from time and it's volatility means not an inflation but rather a time that signals the buying, selling and holding periods. |
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Just an advise in addition to steps taken by you, making payments by your customers should be an optional choice left for them to decide and am very sure they cannot engage in making payments with bitcoin without having the experience on how to perform a transaction except to those whom you by yourself introduced to bitcoin and happen to be some of your dedicated customers showing interest in it, but it still need time, enough patience and learning, they need to know much about bitcoin with atleast a year experience or more even before making making transaction payment with it, except for the experience customers as I've said, once accepting bitcoin is part of your payment means, with time it will grow beyond you'd expected.
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You've done yourself well and very good OP for choosing the right path with bitcoin and taking away your eyes off the side attractions of altcoins, know that this is a privilege you've got not to constitute a number of newbies investing on shitcoins and loosing some of their money daily, its also a good thing that you've given yourself open for learning, especially in the particular areas of your investment at large, all i could advise is to keep growing and holding till you are satisfied with evident convinctions to sell at the appropriate time you desire.
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The image explain very well that holding for all the years definitely pays off but it's not at all easy and you have to go through lot of dips and FUD situations Inso much believe that everything that has a good side must be demanding enough with lots of story to tell, holding may not be easy because it comes in with some demands ad well but if overcomed, it's really worth going for on bitcoin. But believing in btc that it will regain its position in the market is best for beginners and those who think it's dead whenever the prices fluctuates a little bit Yes, it has been saif on several occasions that this has been a setback for newbies to find it more encouraging to go for bitcoin investment all because thier mindset if filled with fear of missing out but to an extent, some newbies have got the understanding of how bitcoin has been althrough the years on this paradigm shift of price volatility and many can confidently invest with bitcoin without FUD We will see price rising with huge pumps also soon at one time in future we must be thinking that we should have invested at $20k also and those were lucky people as it's our own perspective.
This is expected to happen sooner or sometimes around 2023 before or after 2024 halving whereby a new all time high is achieved. |
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IF he did want people to know who he was whenever he became ready to do it, how would he do it in a way that everyone could believe him? There are many ways of which one of them is for him to sign a message with his account on the forum, but i doubted he will ever thought of coming to reveal his identity or oroof himself to be Satoshi because the bitcoin network was designed itself to be privacy conscious and that's one of the reasons for the p2p that has been effective, the mathematics he wrote odown onbthe Whitepaper could be a lie if eventually everything turns away from how it was meant by his past works, anonymity and privacy are things you can't do without idf you must truly enjoy bitcoin, in this regard, he would rather be someone you're familiar with on the forum without you knowing it's Satoshi and maintain his privacy. |
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Casinos are trying their best to stop money laundry that is why there is KYC No amount or kevel of KYC will be able to hold down the misconduct of money laundering by people, if we are to give a closer approach, you'll discover that even the KYC casinos also falls a victim to money laundering themselves, if we consider the rate whereby people were being misled through the demand for KYC then you will believe that by no reason of anything should a centralized exchange got involved in money laundering and yet demanded for KYC. government only have less time to checkmate the casinos and their customers. Government will only have time, if there is a money laundry case which is traced to that casino There's nothing people cannot abuse, but I don't think money laundering is a common thing found in gambling than in fiat currency and banks |
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OP your advice sounds weird and can make one loose hope on investment, also you're more focused on crypto and here is bitcoin discussion that has to be precise with anything dealing with bitcoin while excluding other crypto, most of your advice are not strictly on bitcoin, moreso how can you say those making it in crypto are the founders, well i may admit that partially but that's not how things work with bitcoin here, if your center of focus is about crypto in general then altcoins discussion will be a better board for this.
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Just another reminder that the bitcoin market is cyclical, and everything that we are seeing with bitcoin now has already happened before and the necessary lessons should be learned There have been times of rise and fall of bitcoin price but to those that are experienced enough they will understand that the volatile bitcoin price only works with it demand and supply to make the economy profitable for those coming in and those selling off, with much understanding, an average bitcoin investors should know that holding is very important during massive fall but in it all, there's always a time to regain back every losses during all time high provided that it was bought when dip and holdl till ATH. |
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I want to advise that mobile phones should be restricted on children not to talk of having access to gamblings while with the use of mobile phone, this is what children needed to be monitored of, gambling with phones is not a proper way of bringing up a child when he needed to face his studies and grow to develop himself through perpetual study of his books, because it has two dangerous disadvantage over a child, one he won't read his books and secondly he got addicted easily while being too early for exposure on gambling, parent should note this, training a child is not to over pampered the child even with unnecessary things.
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I see this that lets go to war means let us ulter the existence of certain economic progression No one prays for war to occur because there will be unrest everywhere and the cost of lives to it will be without numbers with these among other loses but in other way round, let's consider if there should ever be a need for engaging into war if it's as important as many thought of, when a country, it's leaders or a particular set of people engage in an illegal act or activities that is against the growth and development of the people, lives and property and thereby holding the people on hostage denying them freedom amd right to a good and free living, then comes in an intervention from other countries more in power to fight for the oppressed through engaging into war with each other just to safe humanity and lives, such basis for war is genuine and acceptable because it free the people from being hypnotized and got colonized by rebels or bad leaders. |
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Bitcoin and cryptocurrencies are an excellent choice for countries that are constantly experiencing macroeconomic problems and facing the reality of inflation. In this respect, the African continent is also a very suitable location for this new technology. Also, access to financial services in Africa is quite limited (just like in El Salvador), but we have yet to read any remarkable news about the mass adoption of cryptocurrencies in Africa.
News about the adoption of cryptocurrencies in Africa has actually been circulating and has been in several media, it's just that there is nothing recent like the one made this month, but for the news in the previous month it has been promoted more by the media. This means that Africa already has very good plans for the adoption of Bitcoin and cryptocurrencies and is working to make that happen over time. To the extent that we are even "on topic" anymore, your statement about "Africa" is very confusing wmaurik. Sure there is the African continent.. as referred to by trendcoin, but even that is problematic to talk about the African continent as if there were some kind of common administrative unit or approach Africa's dealings with bitcoin is an individual thing not collective and the approach administered by each countries is different from each other, and once we are talking of world continents, Africa has a different mentality from others not because they are blacks but they are developing countries in high percentage and wants means to facilitate their growth as in case of Central African Republic while some of them are just adamant about it all, but bitcoin is legalize in almost all the countries and many are thinking of possible means to imitate El-Savador's adoption but indecesiveness is a factor dealing with them from taking a step forward. Your link does not work it surprised me as well and i asked myself what exactly now is the point one should believe in all he said if what he's referencing isn't right, well I just want to believe that it's a mistake he did maybe during the copy and paste of a thing or maybe he got the whole thing wrong from the right process, thanks JayJuanGee for such identification, many could have got misled by wrong articles that are not verified. |
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Snipped This is on what basis, does the account bears another username with thesame details, or was it an already banned account suddenly activating? information giving by you isn't complete and not making sense, just a phrase to say that give no light on a specific area for raising alarm or are you just trying to cause FUD on reputation or what exactly the problem is, no reference, no details and no proof, but it's a pity that this is coming from you, a user with already 3 -tive tags, it won't surprise us if your intention is what we are thinking about. |
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All this "Save the earth" projects or themes won't make sense if a random asteroid came from nowhere and hit our planet, wiping out everyone. I think our priorities are misplaced. We should be looking at saving each other, avoid pointless wars and survive peacefully.
You're right to an extent, we can save the world by living a peaceful life together with our brothers, neighbors and everyone at large, most problems encountered today were as a result of our individual differences that stirs up conflict amd we should count it a privilege not being struct by a natural epidemic that could cause a massive loss of lives, also we must be conscious of the environment we leave in to make it a better place for a living and the activities we do on it determine the reactions we get from the nature itself either good or bad. |
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