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2941  Economy / Economics / Re: Miami Mayor Will Allow Employee salaries in Bitcoin on: February 26, 2021, 05:15:38 AM
A very good news indeed but I don't understand the difference between getting bitcoins as the payment of your salary or getting the money in your bank in dollars and buying bitcoins with it directly. Whether your take bitcoins or cash or bank it does not change the fact that it completely depends on the employee what he prefers and if actually wants he can easily get his salary converted in bitcoins.

But yeah good news, shows there is interest from big companies and them paying Bitcoin to their workers will at least bring positive energy if not anything else and inspires some guys to take their salary in bitcoins.
2942  Economy / Economics / Re: Earning interest on your crypto on: February 24, 2021, 06:40:03 PM
Lending is always not risky if the site is trustworthy. It is not the fact how the valuation is. Because at the same time they are borrower and lender in maximum case. For example: blockchain.com is a lender and borrower. When anyone take loan from them the lender should have to provide collateral.
The problem remains the same though, if you are not controlling the private keys, you are not the rightful owner of the coins. I trust every site and I don't trust any of them depending on the situation. I always check my transaction stats like confirmation,etc on blockchain so ion that sense I trust them but that doesn't enable to me invest my coins under them for interest.

Every individual have their own preference though so I understand as @target said POS is a better option, I don't even agree with that because most of the POS coins lose their worth by the time dividends arrive.

Staking your coins is better than holding it in your bag without getting anything in return, the profits you might get is small but at least you didn't waste your time waiting for the right moment to sell your coin, it's killing two birds in one stone.
Yes, if you hold a coin which can be staked you should do it, but there is a problem of locked funds which means you cannot move your funds in case the market is dropping you are just helpless.
2943  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: How to find the best crypto projects to invest in? on: February 24, 2021, 02:08:43 PM
It seems like the Blockchain you’re promoting belongs to you and not someone else, like you have written a whole page about this project already.

Instead of using a newbie account to be promoting this project it would have been best for you if you used your original old account that can be trusted, nobody is going to trust you with a newbie account, and you hiding behind a newbie account to shill a coin makes it even more suspicious. And next, I don’t just go to any website where people can list projects and just investing in any project I see there, it’s best for us to always do deep research and know whether it’s worth it.
2944  Alternate cryptocurrencies / Altcoin Discussion / Re: what is your worst loss in 2021 bull run on: February 23, 2021, 01:39:35 PM
In any investment, we will get two option, profit or loss. We can not always make a profit with the investment, but if we lose, we can back to profit again someday. If you lose and become sad and not trying to recover, you will not have a chance to recover your losses, and even you will get another loss. You should use your losses as your mistake, and still trying hard and believe that you can recover your losses. You are not alone in getting losses because many people also have the same experience as you, even though they got a big loss. The different is, can we rise again after we got the losses?
When you lose and try to recover you should be careful, you could lose even more while doing that if you are not careful about it, you should know what you are doing and why you lost and how you can recover if you want to go down that route.

You can't just lose and stay sad and do nothing, obviously you should follow that up and try to make money back, however you should first stop all trading, and check why you lost and what is the reason, sometimes it is a silly thing that has nothing to do with you and you were just unlucky, sometimes it is a very important thing and you did something vitally wrong, if you know the reason why you lost money, you will be fine and will probably not repeat that again. That is why I am doing, I usually rarely make the same mistake twice, even though I still make mistakes constantly, trading became very profitable gradually when I removed most common mistakes.
2945  Alternate cryptocurrencies / Altcoin Discussion / Re: Online Education, the future of learning? on: February 22, 2021, 07:06:32 PM
I rarely seen someone use it but i guess there are people who have been using student coin platform instead ledu platform. Ledu platform is a dead platform and so many people were feeling disappointed with it.
I think that this coin has no users too and the telegram group is not so active.
You will be feeling difficult to search someone who has ever used that platform. Almost zero daily volume and the price is always dumping to the bottom.
I personally will call that as a scam platform.
The reality is that during this period places like khan academy and udemy increased the number of people who signed up and bought a class. Those are the two biggest one and specially udemy which is teaching a whole lot of stuff but they are teaching the freelancer jobs as well, all the freelancer jobs you can find in the world are being a class there and many of them as well from bad free ones to expensive great ones and since people are at home, some of them have jobs and work remotely whereas some people didn't even have a job, so everyone who had time realized working at home is a great thing so they started taking those classes so that they could be great at a thing that they could work from home and that is why those places get more attention.

Will this move towards for kids and regular school? I do not know but there is a possibility but it is certainly harder to handle when it is 7-17 year old kids.
2946  Economy / Trading Discussion / Re: Unable to trade because of my nationality on: February 22, 2021, 06:28:05 PM
So I tried registering with binance and I verified my account using my Sudanese passport, and it took half an hour for them to block my account. So I tried contacting customer support just to wait in queue for 7 hours and after finally reaching them, they informed me that my account was locked for good because I am Sudanese and Sudan is not a supported country and they can't help me. I then proceeded to explain that I was born in UAE and that am currently residing in Ukraine, I also told them that I verified my account using a Ukrainian phone number and a Ukrainian email. But they refused saying it doesn't matter where I reside as long as am sudanese they can't provide me service. So I went ahead and read the tos of other big exchanges like coinbase and asked their support, but they also said I can't register due to my nationality.
I am not sure which exchanges accept members from Sudan but you might want to try decentralized exchanges like uniswap or others because there is no KYC needed and no restrictions.

One thing which surprised me is why Binance even accepts members from Sudan in first place if they are going to reject them later. I mean during registration itself they can ban or restrict the IP addresses that are from Sudan and its pretty easy to be honest.

Anyways there are some centralized exchanges which might accept you but my advice would be to avoid them because exchanges which don't have restrictions also don't have any license and legality most probably. Either go with p2p trades or just use a decentralized exchange which although isn't user friendly but looks like the future.

By the way you might also use exchanges like changelly .. not sure if they require KYC but I used them many times and haven't verified anything yet.
2947  Economy / Speculation / Re: When Bitcoin is going cross $60k? on: February 22, 2021, 05:56:04 PM

Only a week, from February 10-17, we waited for Bitcoin's price to jump from $40k to over $50k.

How long will we wait for Bitcoin's price to reach the new ATH above $60k?
You could never know what is going to happen, but not knowing what is going to happen is not a reason for not being ready neither. I personally have zero clue what is going to happen, and I have seen my coins go nearly 10x now and I could have easily gone away and sell all my coins, I bought at around 6.5k and that is about 9x increase so far and going even higher as we speak, which means I could sell right now and be in very very much profit.

But I am not, why? Because I could have sold it at 30k as well but I didn't and made more money, could have sold at 40k and could have made more money, people called me greedy and I will lose all my money for being too greedy and I still didn't sold and still made a profit when it went over 55k+ as well. So long story short be ready for a fall, do sell if you are in big trouble, but otherwise just keep holding as long as you can.
2948  Economy / Speculation / Re: BTC to $100K is inevitable on: February 21, 2021, 06:58:48 PM
Why? Because the way the world goes, people will want to see BTC at $100K. And after that, they will want to see BTC at $1M.

BTC is the future, gold is the past.

It's all possible folks.

I'm a HODLer since 2013 and haven't sold a bit. If I can do it you can do it too Smiley
Yeah I too feel like there is a chance that bitcoin could go up even more right now, but back in the day when it was 20k I sold my coins in 2017 and got out lucky, why did I sold at the peak during that period but not selling it today? Because it is obvious that there are bigger players involved this time around compared to previous times.

We heard microstrategy and grayscale news first when bitcoin was around 10-15k and price is 50k right now and they are still looking to buy more and more. Other companies started to get in as well, so at the end of the day I am not really sure what we are going to do but I feel like we are doing fine so far. Of course it is not going to be easy to hold the price here, there is a chance it could drop drastically, but we are fighting against that with the huge companies buying constantly which means $100 will be get-able with respect to current power of bull markets.
2949  Economy / Economics / Re: Great reset is done on: February 21, 2021, 04:41:39 PM
Collecting allies is indeed the factors with this war, no longer the old fashioned way but more on economic rivalries, China as we've seen
the progressive approach got a lots of financial capabilities.
And that old fashioned war is what I am never going to be accepting lol, it’s better they battle it out economically than going for a face to face war which would destroy everything including innocent lives. Although I’m still yet to understand what this Coronavirus is all about and whether it was created in a lab as some people keep saying.

I had an argument about this with someone, I told them that Coronavirus is just another type of virus that came out from nowhere, but they refused and said that it was created in the lab and released by the Chinese or whatever. They seem to be right in some way, if you check it. Seems this pandemic was just part of the economic war, and a way to give them the upper hand.
2950  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you feel, Looking at the Bullrun market? on: February 20, 2021, 06:22:34 PM
As of the moment I don't feel good with the bullrun happening in the market because of the fact that what I am hodling is still not having its bullish rally. I am hodling XRP and still waiting to fly it to the moon. However, I am hoping that sooner it will definitely make its bullish momentum knowing that many crypto enthusiasts are still trusting XRP.
I don't want to sound pessimistic but XRP has a doomed future in my opinion because of the de-listing from coinbase, the lawsuit they are facing and the tough questions being asked by Securities and Exchange Commission (SEC) and if it was going be solved, it should have been done by now already. I like XRP no doubt because as a user the importance hasn't dropped but as an investor the value has dropped for sure.

there's still enough time, the SEC decision would be the changing factor of this project, once the developers manage to escape from this case then bull will follow but if not, then expect the other side.
If they actually manage to win the lawsuit which I hope they do but think they won't, the value of XRP might even cross $2 or even touch $2 in coming time.

I hope ripple soon allows users to move and spend the coins that are locked for activating an address.
2951  Alternate cryptocurrencies / Altcoin Discussion / Re: Question about new projects on: February 20, 2021, 05:51:04 PM
It's very simple. Because most of the projects you see here, are scams aimed to scamming the forum community.
That is one reason and another important reason behind creating token and doing ICO is because these new projects don't have the capital to back and build their idea so they seek funds from public and in return we get tokens whose value is later determined by how well the project performs and how useful the product is.

On another note, in a pvt investment pool which i participate in, most of the 10x - 500x gains projects have never ever seen the light of day on this forum
Yeah, not all the coins and tokens know about this forum and don't have the time to create and maintain a thread. But that said, Ethereum is like the biggest altcoin of all time and they created a thread here which means this forum is still one of the best ways to let the bitcoin community know about your project.
2952  Economy / Trading Discussion / Re: What advice will you give to a beginner trader? on: February 20, 2021, 05:01:29 PM
From my own perspective, you will learn in every stage of trading and you should go after gathering proper trading knowledge how to survive in the market. It will help you for being more patience and will keep you optimistic that you will be succeeded in trading.
I would say don't look to survive in the market because when you have the mentality to survive your trading decisions will be defensive and more towards avoiding loss rather than being pro-active and taking minimal risks and looking to end trades in profits.

As a defensive trader you would be happy selling your BTC at 10k which he bought lets say at 9k but a more pro-active trader would wait a few extra months and rather sell it for 20k or even more. Sometimes I understand we have to avoid taking risks but this crypto space is all about being ballsy and taking risks.

If you have enough balance and you can afford it while your strategy fall, then you may go for trading. Don't put all in one, spread your budget to some coins or tokens then you may able to make it proper distribution that will help you to involve more in trading.
Again, on the contrary I would suggest going more towards a single asset and that too Bitcoin because all the other coins are not worth investing when the bitcoin market is going bullish.
2953  Economy / Trading Discussion / Re: Is it really a benefit that nobody controls the price? on: February 20, 2021, 08:51:04 AM
BTC has a fixed amount and the price varied on the demand and supply in the market cap. Once the demand will increase, it means the supply becomes less which in turn to BTC becomes expensive and the price was pegged into a dollar-based value. Nevertheless, it is impossible that you mean BTC will become stable in price, the price will always be fluctuated due to massive traders of altcoins in BTC pairs.
Actually right but he was trying to think of a way which can make fluctuations smaller like limiting the maximum drop/rise a day to $500 but obviously we cannot do it because you can't stop buyers from buying and you cannot force sellers into holding. But to solve the same problem stable-coins were made to eliminate these risks and if you are a merchant you might actually want to accept altcoins like TRX because BTC payments will take hours and transaction fees also hurts. I am only suggesting TRX because it has free of cost transactions and quick confirmations and the price for TRX never dropped or jumped too much either.

By the way there are merchants like bitrefill who accept bitcoins payment but how they manage price fluctuations is by constantly updating price of the cart items every 10 mins when you are on the payment page. Like if you had $10 amazon gift card and move to checkout then the price will be fixed for 10-15 mins and then update according to the market price.
2954  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Stablecoin is the most Trustworthy? on: February 19, 2021, 04:00:59 PM
To be honest, there is no stable coins that is 100% safe, many bad things can happen to stable coins. But if we are too scared and dare not take risks, we will get nothing. In my opinion, of all the stable coins currently circulating, only USDT is the most trusted. I said that because I saw that the demand for USDT was very high compared to other stable coins. In fact, USDT has long been in the top 3 on coinmarketcap sites, even the volume of USDT exceeds the volume of Bitcoin. It was enough for me to trust USDT.
USDT looks good no doubt about that and although being centralized and no audits or anything like that is done by Tether but still it is one of the best stable coins and that because its the oldest stable coins if my facts are right and it has the highest volume of trading.

Apart from USDT, the next stable coin I trust and actually use at times is BUSD purely because of the trust I have in Binance and I am trading at Binance so if they scam then I cannot do anything at all. I believe there are some better stable coins in the market like the coinbase USDC and others but because of the trading volume and popularity it is USDT that is the winner here.
2955  Alternate cryptocurrencies / Speculation (Altcoins) / Re: A Big Secret of BNB coin! You Must Read This Or You Would Regret Later on: February 19, 2021, 02:33:23 PM
It is a good point and OP used the P/E for this reminder. It is good but people can not bring traditional TA to crypto market or can not apply it without any other consideration.

Crypto market is defining the over sold and over bought price. Bitcoin is the leader to redefine those terms. You can think the price is over valued now but in crypto market, it will rise higher to top up before any corrections or bear market later. Oppositely, price might fall much deeper than what you thought in the lowest price for over sold. Fortunately, it will rally back to the oversold price you define with traditional TA.

Don't take profit too soon or don't fear too much and shake your hands. Price might often rise higher or rally later
I agree that regular stock market or forex type of TA doesn't really apply in crypto, it is really not similar and people forget about that frequently, I know that it is doing great right now but we have found "why" it did so great in hindsight, which means this could be the reason or maybe it is not the reason, we do not know if it is true or not.

This is why I think it should not be really that difficult to buy BNB right now and hold, I know that people are thinking you must be crazy to think BNB would go up from this already increased price, but the reason BNB increased is people really wanting and using and buying BNB right now, due to BSC and all the defi there, there is a high demand for BNB and that increases price of BNB, even if one defi ever bankrupts or does a rug pull, we will still be doing fine and we should focus on that part of BNB, that makes it very valuable.
2956  Economy / Economics / Re: Bitcoin and Crypto Jobs 2020 on: February 18, 2021, 06:40:59 PM
Blockchain technology is now becoming popular all over the world working with blockchain technology to keep pace with the times. Many people have found work through blockchain technology the demand for crypto has increased a lot although many people have lost everything due to the increase in the number of scams, they are still avoiding scams by analyzing the various sites of the forum and finding ways to earn in crypto. A good platform for crypto work by applying adequate knowledge and skills many projects are being added that are looking for work.
There are many many type of jobs that you could apply if you have been in the crypto world for a very long time, and you could start by doing something for free if you want and grow that into something much bigger in the end. However one thing I am pretty sure about is that anyone who starts learning about how to code would be quite well off in the future as well, it could be solidity for example, learn how to write code in solidity and you will definitely become someone who earns a lot of money, if for nothing else you could make your own coins and try to get richer by doing that.

Also believe it or not digital marketing plays a huge role in crypto, if you learn how to do it and become good at it, you could be part of any coin team and promote them and earn a lot of money doing that as well.
2957  Economy / Economics / Re: Bitcoin Holding in Companies on: February 18, 2021, 05:18:06 PM
I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
Yep, things are really changing , and over the years they found it hard to believe that Bitcoin and cryptocurrencies are the next level of investment. They have thought it was just another bubble that was going to crash once and for all, but they are surprised that it has continued for years now and all of them now wants to get on it before it’s very late for them.

If you check this year there has been so many companies coming out to say that they have invested in Bitcoin, and so many celebrities are now buying it , though some are public about it, I believe there will be so many of them who might own and just keep it a private.
2958  Economy / Gambling discussion / Re: Sportsbooks often offer different odds for the same type of bet on: February 18, 2021, 03:49:06 PM
Good catch and I have seen similar things a lot of times like when I was betting on counter strike some days ago there was odds like 1.8 on maps over 1.5 and 1 map was already over while the odds on losing team to win the second map was 1.6 or something.

You can also see it happens a lot in e-sports here in League of legends too:


It is the same market technically but the odds are slightly different and that is because of the number of bets being placed on these markets make them more close and since these markets are not as popular so there is a slight change in odds.
2959  Economy / Gambling discussion / Re: Dice games on: February 17, 2021, 06:46:56 PM
I am a die-hard martingale strategy always do this with a fair share of success, but I do it manually with variation when I have 30 rolls I usually refresh or reset the game I have success doing this but it doesn't mean that it's a perfect strategy there's a time that bad luck sets in where I can have 20 or more rolls and that wiped out all that I have, it's still a game of luck but I am more entertained doing this, doing things manually will give you more excitement.
That's a good idea and must jeep your gambling more interesting because I cannot relate what kind of fun it is to put numbers into autobet and watch your money go Grin so yeah at least manually doing it means there is something new to it.

I mostly bet on sports so I am not sure what strategy I would use but when I am wagering for some kind of contest or raffle then I usually go with 1.1x and 10x on lose and reset on win.

I had been playing dice games a lot in past few months trying out different strategies every now and then. To be honest, luck plays a major role most of the times.
Surprised someone saying luck plays a major role because as far as logic goes, luck plays the "only" role if you are trying to win against the house who has the bigger bankroll and an edge against the players.
2960  Economy / Economics / Re: Here is why btc will die as a crypto on: February 17, 2021, 06:02:05 PM
Bitcoin isn't really very "alive" as a currency, considering the use case as a currency is negligible compared to its other uses. However, if you want to predict it will die as a crypto you have to answer why it won't survive as a store of value, which is currently the biggest problem with this statement.
I don't see why people are so concerned with the transaction fees because altcoins were made for that problem and one who wishes to send small amounts and wants faster confirmation can always do transactions in altcoins and for those who are transacting big amounts and don't care about a few bucks on the fees for those payments will always prefer bitcoins.

Bitcoin will never die because no matter how many new and better coins arrive in the market, there is a certain identity for bitcoins and that came from being the first ever cryptocurrency. There were rumors that bitcoin will die when last year April price dropped but now the same haters are regretting they missed the chance to buy that time.
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