Bitcoin Forum
June 08, 2024, 05:13:40 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 »
2861  Economy / Economics / Re: Elon Musk really has the ability to manipulate the bitcoin market on: May 31, 2021, 03:39:20 PM
he does not completely control the market with his money, but he also controls the market by manipulating the minds of his followers. this person has nearly 60 million followers on twitter, certainly not a difficult thing for him to do that.
You could say he really can control everything and indeed it's not something that is impossible for Elon Musk,
because indeed Elon Musk is one of the richest people in the world,
with what he did there seemed to be a lot of people who hated him


His followers are the one who moved the market, Musk sparks it up then his readers are the one who really responsible.

If those people behind him are just thinking and not doing things blindly, even he's one of the riches person in the world,
he can't do nothing.

Any action that investors and traders are doing is there responsibilities and not by anyone,
Always do your DYOR it will save you a lot from people like Elon Musk.


Musk was the spark of the hype, but let's get real here. A lot of people profited from this hype, especially Dogecoin's, it skyrocketed and possibly made people millionaires within a few days. Musk of course, is a market a manipulator, I do not disagree on that, but what he did wasn't solely negative nor a direct product of his own actions, he's not evil by any means.

After posting about Doge, people rushed to buy, driving the price to unbelievable levels, some might have lost money during that time, but I guarantee you that many have made quite a few grand.
2862  Economy / Economics / Re: Elon Musk really has the ability to manipulate the bitcoin market on: May 31, 2021, 02:56:19 PM
he does not completely control the market with his money
Who said Elon Musk totally controls the crypto market? Till today, I never saw any member stated it. It is only on your preception, no one agrees that Elon has the ability to control the crypto market fully.

he also controls the market by manipulating the minds of his followers. this person has nearly 60 million followers on twitter
He can influence others because he is one of the popular people in the world. Moreover, he has millions of followers on his social media, especially on tweeter. But it seems not to happen a long time, bro. Right now, most people already realize if he has the intention to manipulate the crypto market with his tweets. In the future, what he tweets, people probably don't care about it.


I don't think anyone mentioned that he is controlling the market, that's the wrong word to use. Manipulating is the correct one. He's got millions of followers on Facebook and Twitter, who are closely monitoring what his next announcement will be, and then proceed to do what he says.

Supposing that he sends a tweet, as we speak, and announces that Tesla will now accept Dogecoin payments, then a large portion of his followers will blindly purchase Doge, just because Musk announced something positive about it. Does that remind you of something? Yup, exactly how Doge was pumped, Musk sent out a single tweet and BOOM! Dogecoin to the moon.

Manipulating = controlling so we can also call that since the purpose on what he do is to control the market by making his follower follow what he likes for the day and he's successfully doing a great job on this so expect more shit comes to him in future since he already see the potential to earn millions of dollars for just a single tweet made by him.
I'd say that manipulating is an indirect way of controlling the market then, I mean by definition it's something different, but I get what you're saying. Of course and he is doing everything on purpose, he is both trolling and making money at the same time, on top of that, he might be laughing his a$$ off with the current situation.

I don't think crypto is done for Musk either, he'll return soon enough, in an effort to manipulate the market once again.
2863  Economy / Economics / Re: Elon Musk really has the ability to manipulate the bitcoin market on: May 31, 2021, 11:38:59 AM
he does not completely control the market with his money
Who said Elon Musk totally controls the crypto market? Till today, I never saw any member stated it. It is only on your preception, no one agrees that Elon has the ability to control the crypto market fully.

he also controls the market by manipulating the minds of his followers. this person has nearly 60 million followers on twitter
He can influence others because he is one of the popular people in the world. Moreover, he has millions of followers on his social media, especially on tweeter. But it seems not to happen a long time, bro. Right now, most people already realize if he has the intention to manipulate the crypto market with his tweets. In the future, what he tweets, people probably don't care about it.


I don't think anyone mentioned that he is controlling the market, that's the wrong word to use. Manipulating is the correct one. He's got millions of followers on Facebook and Twitter, who are closely monitoring what his next announcement will be, and then proceed to do what he says.

Supposing that he sends a tweet, as we speak, and announces that Tesla will now accept Dogecoin payments, then a large portion of his followers will blindly purchase Doge, just because Musk announced something positive about it. Does that remind you of something? Yup, exactly how Doge was pumped, Musk sent out a single tweet and BOOM! Dogecoin to the moon.
2864  Economy / Economics / Are you making money online? on: May 30, 2021, 09:13:47 PM
I'm currently working at a normal 8-hour shift job, 6 times per day in order to make a living, but I was always seeking some extra income that could be earned at home. Moreover, I'm doing my internship now, in order to graduate, in which I'm working from home, online. However, I do not actually count that as an online income, due to its nature.

I'm interested to see how other members of this community earn money online, either if it's a full income, or some extra pocket money. I used to trade a few months ago, when I was out of work due to Covid-19 restrictions. Likewise, I've stopped now because it was causing me anxiety, while at the same time having limited time due to being occupied with work.

Although I've stopped trading, I invested my money into DeFi projects, the first vault I joined as a liquidity provider, was an algorithmic stablecoin (Bolt Dollar), which resulted in approximately $1.000 in gross profit, before sinking into the abyss. I've now resigned from risky vaults and invested into Stable LPs (Currently in Iron - BUSD). It's a small reward but involves minimal risk and action.

My last source of online income is signature campaigns, I've been in one for quite a while and I wish I had more time to post more, but I do not, I'll prefer to not post crap all around the forum just to get my post count up.

I might not make much, provided I had more free time than I would definitely earn more, but I'm satisfied that I have another method of earning some kind of income. How are you making money? Are you a full-time trader, a DeFi investor? Let us know!
2865  Economy / Gambling discussion / Re: Do you limit your gambling time? on: May 30, 2021, 08:06:38 AM
When someone consider that they need to schedule their time for gambling as well then they are some kind of addiction to it, no one should ever make it as daily habit
Did you read Roidz's comment above? I suspect you just reply without reading.  Roll Eyes
He said that he only gambles on holiday. It means he doesn't gamble every day. So, you cannot judge what he did as a daily habit.
Do you still assume it is an addict?  Roll Eyes

Make a schedule for your gambling isn't a kind of addiction. Instead, it is the way to avoid addiction. You should know what is the difference between addiction and discipline. Once you become an addict, you will play at any time, without limitation.

I will say it's also an addiction when someone thinks that it is must-add gambling as well into their schedule, probably the earliest stage if you ask me. gambling with time limitation is a kind of discipline where there is no disagreement but my argument is when someone considers that gambling is also a must thing in there to do list for the holidays or any day then it should be avoided though.
It's becoming an addiction when you add it on your daily schedule, if you're craving to gamble daily and can't do without skipping a day, you are pretty much addicted. I agree on the time limitation but I would also add a budget/money limitation. You can easily lose a few hundred bucks within minutes, a budget allocation sounds more appropriate to me.
2866  Economy / Economics / Re: Bitcoin As a Payment Method Against Other Payment Network on: May 30, 2021, 06:15:14 AM
The news is old but it reflects the fact that Bitcoin is already a means of payment in many countries, it is not as popular as other payment methods like Paypal, Visa...
The first person used Bitcoin to pay for his Pizza. This is the world's first Bitcoin acceptance case. So far many businesses accept Bitcoin payments around the world without our knowledge. It's been quiet, most recently Metromile (an American car insurance company for miles) has accepted insurance policies in Bitcoin.


https://www.forbes.com/advisor/car-insurance/metromile-bitcoin-payments/
Still, Bitcoin payments are not that efficient in terms of fees (due to higher prices) on top of that, confirmation might take a while. However, I've only stumbled upon a single shop, a bicycle online store, which accepted BTC a few years ago. I'm not sure how renowned it is in the rest of the world thought.
2867  Other / Politics & Society / Re: Covid-19 Vaccinated people will die in 2 years on: May 30, 2021, 02:31:35 AM
I will prefer a quick one word answer, should we get vaccinated or not ?

Yes.

Please don't believe unsubstantiated and misleading conspiracist nonsense. Instead, look at the data and form your own conclusions. There is a wealth of information on Covid out there, from numerous independent sources around the world: https://ourworldindata.org/coronavirus

If someone genuinely believes that vaccinated people will die within two years, then they don't understand how vaccines work. A basic grasp of science is important; it helps people to form logical, evidence-based conclusions.
Also yes from me too.
If it wasn't from vaccines, the average life expectancy would be 40 years old. Vaccination has eradicated many infectious diseases, such as polio, measles or smallpox. It's our only way out of this pandemic and there are actual examples that the Covid-19 vaccines are working properly. A quick look at UK's or Israel's cases and deaths, which have dropped dramatically, from Worldometers won't disappoint you.
2868  Economy / Economics / Re: Bitcoin As a Payment Method Against Other Payment Network on: May 29, 2021, 08:51:04 PM
~snip~
LOL, I thought I was missing something here, but nope, guess I didn't. 

~snip~
I'm not in the least bit surprised that they sold Bitcoin, I strongly believe that they sold even more than a mere 10%, before announcing that Tesla will no longer accept BTC as a payment method.
Probably, but who knows with Elon Musk.  He doesn't seem to be thinking things through as far as crypto is concerned and also seems to be acting irrationally.  I'm still wondering how many cars Tesla actually sold for bitcoin when they were accepting it as a payment method.
I actually searched that and couldn't find much information regarding any Tesla car purchases with Bitcoin. I believe that there would be a hype if a large amount of cars were sold using Bitcoin as a mean of payment. The best scenario would be a few cars sold, and the worst one, no cars sold at all.
2869  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: May 29, 2021, 06:53:27 PM
I wouldn't ask for money either, you do not donate in order to ask for something in return. Even if Lightlord, decides to return that donation (which I highly doubt it), it's something I wouldn't do either if I were in his shoes. A donation is final, and it happened quite a few years ago, and you are asking for a portion of that money, now that the price has skyrocketed. Let's just say that it is not going to happen.
That is the thing about these type of situations, we end up saying that it shouldn't happen but at the end of the day the question lays on lightlord and he has to decide what to do. We say that he shouldn't do it, and we all agree that a donation is a donation and there is no coming back from donation that is for sure, but at the end of the day when there is a human factor involved and if he ends up giving some of it back then there is nothing to be done at all.

I hope that he doesn't because that would make all the donations into using them as a wallet, just give them money and when you need it back ask for it back, because if it happens here then what stops others to do the same as well? Others could very well do it and then expect it the same way as well if this guy gets it. Yet like I said at the end of the day it is lightlord that will decide on this.
I don't think that Lightlord, or anyone else in his position, would or should return money that has been donated under any circumstances. The reason behind my opinion is pretty simple. Because anyone who might have donated the past few years will start asking to return a portion of their donation. Returning a single donation would lead to a cluster of people who are going to try and claim money back.
2870  Economy / Economics / Re: Bitcoin As a Payment Method Against Other Payment Network on: May 29, 2021, 05:49:39 PM
Quote
Tesla announced Monday
Source :

This is a 3 months old news you posted. Things have changed since  Cheesy
You just woke up after a 3 month night?
As far as I know, Tesla doesn't want to accept Bitcoin for a Tesla anymore. And the company is already thinking to sell some of its BTC.

This is correct, Tesla already sold 10% of its bitcoin holdings and announced they would not be accepting bitcoin as a payment method.

Also, Bitcoin will never scale in its current iteration to compete with centralized exchanges. It doesn't have the capacity to compete in transactions with any of the centralized payment systems listed in the OP graph.
I'm not in the least bit surprised that they sold Bitcoin, I strongly believe that they sold even more than a mere 10%, before announcing that Tesla will no longer accept BTC as a payment method. I also expect that they are currently buying Bitcoin to take advantage of the lower prices. Soon enough, they'll start promoting crypto again.
2871  Economy / Economics / Re: Bitcoin As a Payment Method Against Other Payment Network on: May 28, 2021, 09:23:54 PM
It's surprising to see that Bitcoin is standing over Western Union, which is solely a payment processor or a mean to send money abroad, unsure of how accurate this data is though. On the other hand, I can't see Bitcoin being used as a mean of paying for goods and services, at least for myself. It would feel like I'm using golden nuggets to pay.

I've never stumbled upon a business here that accepts Bitcoin though.
2872  Economy / Economics / Re: Debate: Please explain to me why... on: May 28, 2021, 08:09:37 PM
I've also wondered about that, my best guess would be because Altcoins are being traded as a pair with BTC (LTC/BTC, ETH/BTC for instance). On top of that, Bitcoin is the flagship of cryptocurrency, thus it's considered a sign of well-being for the market. Moreover, all of them are closely related due to their nature, sharing major characteristics with each other.

On the other hand, there are a few instances in which these rules didn't apply 100%. It doesn't necessarily mean that if Bitcoin goes down, Altcoins crash too, or the opposite, but that's what happens usually.
2873  Economy / Economics / Re: Elon Musk really has the ability to manipulate the bitcoin market on: May 28, 2021, 06:18:26 PM
He is clearly a manipulator or facilitates other manipulators to act. Before he posted his first tweet about accepting Bitcoin as payment of TESLA value per Bitcoin over $60k. After the Bitcoin price drop happened, Elon Musk took steps to appease and the Bitcoin price surged again. I have saved some links of tweets in the links below, please follow along.

Talking about stopping accepting Bitcoin to pay for Tesla's electric cars
https://twitter.com/elonmusk/status/1392602041025843203

"The true battle is between fiat & crypto. On balance, I support the latter"
https://twitter.com/elonmusk/status/1396049547680391168

"Spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising."
https://twitter.com/elonmusk/status/1396914548167233537
I just saw the third tweet, chances are, that he'll claim that Bitcoin miners are turning green, using renewable energy resources and Bitcoin is now environmentally friendly! On top of that, he'll soon return BTC as a form of payment for Tesla cars, not that anyone is going to use it, but it's going to be those important influential news that affect the market creating a huge hype. Yup, we've seen it in the past, and we're definitely seeing it again.
2874  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: May 27, 2021, 08:14:04 PM
I agree guys, a donation is a donation and if you really want to "donate" to anyone then you can't do anything that would be really beneficial to the people in need, go donate to charities and help the poor people or old people or childs etc etc there is a charity for basically every single thing in the world.

This is why I think it is immoral to ask the money back, why would you end up giving a donation and then asking it back, even maybe asking it to be forwarded to some charity of their choosing that would make sense, still they wouldn't be forced to do it, they can buy a car with that if they want to, they can make a huge vegas trip they want to but at the end of the day they wouldn't be forced to do anything, not just this but basically no other thing neither, it's theirs and they can do whatever they want. I understand there is an upset by the person who donated, but it's fine.
I wouldn't ask for money either, you do not donate in order to ask for something in return. Even if Lightlord, decides to return that donation (which I highly doubt it), it's something I wouldn't do either if I were in his shoes. A donation is final, and it happened quite a few years ago, and you are asking for a portion of that money, now that the price has skyrocketed. Let's just say that it is not going to happen.
2875  Bitcoin / Bitcoin Discussion / Re: Elon Musk Tweeting Power gone on: May 27, 2021, 07:39:02 PM
Many people are smart now, they're not affected to Elon Musk tweet or announcement, although he has influence to other investor but for some reason people now learned, how crypto world work, not only one person like Elon musk but with the help of other investor and other company who invest in crypto.

 Cheesy Cheesy Cheesy

Funniest thing I heard all day,  Thank you.  Smiley
People will also come to the point of being tired from the nonsense tweets from Elon and this is starting to happen right now. At first, we may get compliment for Elon but when crypto gets worsen because of him, people are now starting to unfollow him. The day will really come wherein he will lost his power and all his tweets will have no impact on crypto anymore.

Elon has all the similarities with Mcafee who tried manipulating the market but in the long run, they got failed. Crypto has its decentralized nature so no party is responsible to control it not even the government.
He holds a strong name and reputation, he may not have a direct effect on the market, but he's a successful businessman and influencer. People will still follow him because he created market hypes that people profited from, see Dogecoin for instance. Some people became millionaires just because he made a single tweet about it. Just a single tweet can persuade people into acquiring BTC, thinking that another hype will be created, in order to sell later on.
2876  Economy / Exchanges / Re: Binance referral code on: May 26, 2021, 07:00:43 AM
I signed up to binance without a referral code, now I learned that had I use the code I would have gotten 20% discount in commissions, can I open a second account with same docs, or can I delete the account, which is funded already, put my funds on crypto or something, and then reopen a binance account with the referral code, would that work to get the 20% discount in commissions ?
As others have already mentioned, your referral provider can choose whether to provide you with a discount on commission or not. It varies from 0% to 20%. I wouldn't bother too much though, Binance has already pretty low fees, compared with other exchanges. Unless you're dealing with a lot of money daily, I'd advise you to leave it be.

I once used the 10/10 ratio for a friend, if you're dealing with a couple of hundred euros, the referral link won't save you much.
2877  Bitcoin / Bitcoin Discussion / Re: Elon Musk Tweeting Power gone on: May 25, 2021, 05:22:03 PM
People are no longer affected by his influence. I thought he might be bitcoin friendly but my guess turned out to be wrong. This Dogefather was the main culprit behind the unusual crash in the Bitcoin market. There is no financial support behind this Dogecoin shit coin, the price of this coin has been increased only by creating FUD by tweeting. Both Dogefather and Dogecoin should be boycotted.
People aren't affected until he starts bashing out on Bitcoin and crypto again. Just watch and see, it will happen again, after the market recovers to a large degree. I highly believe that history repeats itself, he'll find something to say and everyone will go nuts and start panicking.

I used to admire Elon Musk as a businessman, and I still do, he has succeeded a lot, within a sort period of time, just look at PayPal, Tesla or SpaceX.
2878  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: May 25, 2021, 04:24:15 PM
@LightLord, you have the right not to answer me. But I hope that your conscience and your karma are calm.

Everyone knows that I was always generous when I won in gambling. Not just in Bitvest, but in many others like bitcasino, stake and luckybit (playing as an engineer nickname). Of all the ones I played the most and always like to play are on Bitvest (player since 2016 and I believe to be one of the first to hit x1100 on plinko).

But my nightmare started 4 days ago when my investment of 5.80 BTC expired. I planned to cash out 3.00 Bitcoin and continue playing with 2.80. As it was Monday morning I arrived drunk and saw my investment that was unlocked and available. So I withdraw about 1.20 btc and started playing the rest (i dont withdraw the 3.00 btc because as high value it will processes manually and not instanly). It was my unlucky day and I quickly and quickly started to lose everything. Okay, this happens, casino is not just about winnings, it is much more loss than winnings. The 1.20 bitcoins paid for some parts of the debts I made trusting when my investment unlocks.

Desperate and not knowing how to solve my finances, it occurred to me to turn to LightLord asking if he can help me with 1.00 btc to i withdraw, not to play, so I could solve some financial problems and go on with my life until I get balanced again and go back to play more cautiously (never drunk again). But he ignored all my messages, it seems that I am nobody and this hurts. And what hurts the most is to know that I gave approximately 5.00 btc divided to LightLord and Zodiac (they never asked me, I gave of my will because I didn't feel well when I earned a lot and thought it would be prudent to return a portion to the developers of the site) . I didn't ask for everything, I only asked for 1.00 BTC, that's 20% of what I donated to them. I'm not showing in my face what I gave them, what I gave was out of love, and I hoped that at least he would repay me when I needed it most.

I deserved at least a reply, but to date, nothing. A few days without proper sleep, for my stupidity and much more for knowing that my generosity was of no use to me.


A donation is a donation, I understand that you actually donated from the bottom of your heart, returning the "favor" after winning major amounts. However, I find it appalling to ask for a donation, which was then worth approximately $20.000-30.000, at most. Now you are practically asking for one Bitcoin, which was worth more than $62.000 a few weeks ago (Now approximately worth $40.000). I don't think much can be done in this situation, I wouldn't blame Bitvest if they don't grant your offer.
2879  Bitcoin / Mining / Re: The Electric Heater that earns you money on: May 23, 2021, 10:50:37 AM

https://heatbit.com/

P.S I am in no way affiliated with the product, I saw an advertisement and thought it was interesting.

I saw heaters from other manufacturers in 2017.
849 dollars for 14 TH / S and 1300 watts, I think that in December it will be a very small hash rate and the profit will be minimal.
Such a heater for an area of 14-17 square meters can be purchased for $ 60. Therefore, it is better now to buy several S9 ASICs for this amount.
I also noticed that based on their calculator, it will reach ages to reach ROI, on top of that, you can't keep it 24/7 since it's actually a heater. It seemed like an interesting project but in reality, it's not an affordable one. Too expensive to buy, too little to earn. I'm not familiar with the mining industry and thought it looked cool, but it's definitely not.
2880  Economy / Economics / Re: 🔴 Breaking News - Elon Musk is going to part with all his Bitcoin BTC on: May 23, 2021, 08:43:35 AM
It takes a life to build a reputation, Elon is very actively working on the basis that crypto users and hodlers are just stupid. In my view he is completely illiterate in so far as crypto is concerned and he is exchanging a limited and valuable asset (his reputation) for a sum that may look like a lot to many, but has no relevance ¡n his life. I really thought that this guy knew a bit more about business.

~Snip~
People will soon forget what he did to bitcoin when years pass. He has one of the biggest companies in the world (although many people think it is over evaluated) and his products definitely serve the future of mankind just like the blockchain. Besides, after making a big amount of money with bitcoin, do you think he will ever need his reputation again?

I was quite disappointed with his childish and precipitous tweets. I surely he and his company do earn a decent profit with such manipulation. However, you can't simply deny what he did to the crypto world.
I'll have to agree on this one, Elon Musk's reputation isn't ruined just because he is manipulating the cryptocurrency market for his own profit. Not to mention that those who are accustomed to crypto are a minority. Musk's reputation has survived worse hits, such as his SpaceX missiles exploding after taking off, Tesla being unable to deliver pre-ordered Tesla 3 models, or even the poor quality control the model 3 had.

I'm sure he will be fine, although, he has taken a toll on the market for sure. The recovery process will take quite some time.
Pages: « 1 ... 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] 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!