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I used to have a decent amount of BTC (For current standards, somewhere around 0.60 BTC if I remember correctly) back when it was worth $250-300 each. I regret not keeping my Bitcoin till now, but as you already mentioned, I might have also sold at $400 for instance. Thus, it's best to look forward and not what we could have done in the past.
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I dare say Bitcoin can be a solution for those who want to earn income in a pandemic situation like now. Because I have proven it myself,
by starting to actively collect Bitcoin since 2020. Finally in 2021 I can feel my economy is getting better, this is because this year the increase
in the price of Bitcoin is very drastic. In my opinion it is never too late to start investing in Bitcoin, because I believe the Bitcoin price will
continue to rise. And Bitcoin will save the economy of many people, not just me.
Bitcoin and crypto are considered as investments assets nowadays, if someone wants to achieve a decent income through crypto, he then must proceed to invest a few hundred if not thousands' of dollars into a variety of coins/portfolio or just Bitcoin. Earning money isn't that easy, unless you were from the lucky ones that owned it since the beginning. |
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You're not alone here - I've paid BTC on stupid stuff back in 2015 when everyone said Bitcoin is dying. I guess a lot of people spent their coins back then, since FUD was on an all-time high..
I think one of my transactions was worth $60 when Bitcoin was somewhere around $170-200, so best case is.. I paid $18k for it
That must have hurt seeing that after a few years. However, I didn't see Bitcoin as an investment or an asset back then, I was quite young too, couldn't have guessed to be honest. Most BTC I had back then was acquired by faucets, it didn't feel like I was spending anything back then. Who would have guessed that these faucets were paying gold in the long run. |
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Was crawling through an old Blockchain.info wallet when I found the following transaction, judging by the date and the price I had paid, it's a similar if not the exact transaction in an effort to purchase a migrated Minecraft account, quite a few years ago. It was approximately $5 back then, well, the equivalent amount of BTC would be worth over $1.000 now. That probably turned out to one of the most expensive Minecraft accounts ever bought. Thinking back, I wish I had paid via credit card from the official website. Anyone had any similar experience?  |
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In my opinion, a flexible work schedule is actually a heavier challenge than a fixed work schedule in an office. Why? This is part of our time management. When we can do time management well, our flexible work schedule will also run well, be simpler, and also effective. And of course, it depends on us and doesn't tie up our time. However, if our time management is bad, the risk is that our work will take longer, not scheduled properly, and may even pass deadlines.
That is true to be honest, seeing it from my perspective I can actually tell that it might require even more effort than usually. I'm currently working remotely for my internship, and it's been a struggle to keep focus to complete any work I have to do. At the same time, I have to manage my time completely differently, since working from home doesn't give me the "work" vibe. |
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Economic recovery is not going to be moved by bitcoin nor any other cryptocurrency. The government's policies on economy and how they control this to stimulate growth is what's going to drive recovery.
Bitcoin and crypto only provide opportunities to a few people who are somewhat versed in crypto, and have the spare money to begin with. It's not like a few people who have increased their net worth and purchasing power would be enough to lift a country's economy up, it has to be more than that.
Couldn't have said it better myself, cryptocurrency isn't for the most, media and people have described it as the panacea of investments, they are risky assets. It can be challenging for most. Can't speak for others, but I have made a decent amount the past few years, which I've set aside and reinvest it when possible. In conclusion, cryptocurrency has helped me maintain some kind financial freedom. |
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Some say it is the lack of control that makes them loss big.
I believe in that. Let us say we have two situation here Situation 1 : You aim to win despite of having multiple losses already. Because your mindset is to win, due to lack of control, you cannot make yourself stop playing. Younmay think that you will gain all your losses if you keep playing until you win so its a tie. But instead of reaching your goal, you just keep losing due to possible of bad temper you can't think what is right on what you doing. So we did not control ourselves on that greed. Situation 2 : You already win but you aim more. Sometimes we become greedy if we won. We already have money but we want more so we are going to use the money we received instead of saving it. But winning does not always come on the same time or same day. Instead of making the money grow, money will just disappear that fast. Both scenarios are equally bad and unfortunately, quite common. However, the first scenario probably one of the most reoccurring, and one I've also had myself. I remember losing two times in a row in Bustabit, made me furious and decided to make a third bet. I couldn't hold myself, I've lost 2/3 of my balance and decided to go all in the third bet, I genuinely thought that since I've lost two times in a row, chances are that I'd win the third one. Well guess what, I didn't.  |
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So Coinbase valuation is $68 billion ahead of landmark U.S. listing, Binance is a lot bigger and has a lot more to offer like the binance blockchain, i think we going see a rocket on Binance coin this month https://coinmarketcap.com/rankings/exchanges/Binance coin semes way undervalued to me right now, keep and eye on Binance coin  Lol seems like you're trying to pump Binance coin more than anything here. Also, I am pretty sure that Coinbase is the worlds largest exchange, at least for bitcoin. Don't get me wrong, I think their evaluations is kind of crazy and I HATE them as company as I am well aware of how corrupt they are...but...I think I am still going to buy in to their upcoming IPO, it has to be a good money making opportunity in my opinion. How would a single post pump BNB, I think you're exaggerating. I'm not sure if Coinbase is actually the largest exchange, however their fees are outstanding and their support is terrible. I currently use Binance, and they've already implemented a lot, the exchange is one of the best I've used, while the Binance Smart Chain is extremely useful in Decentralized Finance, yield mining and so on. Their coin will definitely pump even further in the near future. |
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The very important of a digitalize world is to fasten and stabilize the hard work that should have been done, most of these period, more companies are developing a system where staff and other usual workers are prepared to be doing some flexible work at home in maintaining the company annual goals. In other for you op to flexibilities your internship from home, it'd be important to know exactly the type of work which ymwoild be reliable for you to do, "oh that's seem to me that I'm testing your intelligence" Working with flexible time is one of the best things that someone can ever meet as they work whether it's work from home or work on site. But mostly, this is being applied on a work from home setup.
Like I said earlier, in the mean time, most companies in the world would implement several rules regarding flexible work from home and I believe it gonna creates more team work within workers. Was away for a few days and didn't keep track of the topic. I'm also a strong supporter of world digitalization, it saves money not having to go somewhere to get tasks done. Everything from taxes, personal banking, requesting documentation and so on can now (or is at least in development) be requested online. I pay for insurance, my credit card, utility and phone bills online, while any tax documents I may need can be requested and downloaded in no time. being a big advantage to currently use digital technology, it all helps make our lives easier. especially in an era like this, the time seems not enough to carry out our daily activities. but keep in mind we must use it wisely, must be able to sort out the needs and desires, so that we can use them properly World digitalization isn't a panacea though, the elderly and a percentage of people who are illiterate (and have no knowledge of internet usage) will be unable to perform in such a system. For instance, a few years ago, banks shut down smaller branches in an effort to cut down costs and encourage the usage of e-banking. As a result, older generations would face issues handling basic requests. |
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Unfortunately, such a pandemic is new to most of the world, especially European Countries. It's expected to impose wrong measures to tackle the pandemic. However, we've already faced it in March, our government at least should have learned from it and not repeat the same mistakes. We're on lockdown for 6 months now, while there's no light at the end of the tunnel. Almost no action has been taken to reinforce hospitals, and when they did, it was already too late.
There is no point in imposing the lockdowns now. During the initial phases, the lockdowns enabled governments enough time to prepare for the pandemic. But right now there will be more harm than good, if the lockdowns are imposed again. Citizens need to take adequate precautions, by wearing masks and maintain social distancing. Until they do these, there is no point in imposing new restrictions. Another extended period of lockdown may end up decimating the global economy. That's the point, lockdown was imposed in order to prepare for the next wave of the pandemic, however, this didn't really happen in Greece. Summer passed without taking and precautions to face the next wave that we'd have to come across during winter. On the meantime, emergency funding was given to the church, TV channels and other corporations such as Aegean Airlines. |
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The very important of a digitalize world is to fasten and stabilize the hard work that should have been done, most of these period, more companies are developing a system where staff and other usual workers are prepared to be doing some flexible work at home in maintaining the company annual goals. In other for you op to flexibilities your internship from home, it'd be important to know exactly the type of work which ymwoild be reliable for you to do, "oh that's seem to me that I'm testing your intelligence" Working with flexible time is one of the best things that someone can ever meet as they work whether it's work from home or work on site. But mostly, this is being applied on a work from home setup.
Like I said earlier, in the mean time, most companies in the world would implement several rules regarding flexible work from home and I believe it gonna creates more team work within workers. Was away for a few days and didn't keep track of the topic. I'm also a strong supporter of world digitalization, it saves money not having to go somewhere to get tasks done. Everything from taxes, personal banking, requesting documentation and so on can now (or is at least in development) be requested online. I pay for insurance, my credit card, utility and phone bills online, while any tax documents I may need can be requested and downloaded in no time. |
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Hello from Greece,
I'd like to discuss any repercussions that stem from Covid-19 response measures (Or lockdown depending on where you are), either Economical, Psychological or anything else you can think of.
We've been in lockdown since the early days of November, only retail has been reopened and even that isn't open in every region due to a rise of cases in them. Moreover, the recent surge of cases throughout the whole country might be leading to a 3rd lockdown (like it is much different from now). Definitely, the economic repercussions are huge throughout the world, since most countries have taken extreme measures in order to suppress the pandemic. However, the combination of financial depression and quarantine, could lead to clinical depression in a respectable percentage of the population.
Seeing it from my point of view, being in home, almost 24/7, while the supermarket or to the pharmacy being the only way out is depressing and driving me nuts. We can also go out for exercise/walking. I'm living in a region that is characterized as "Red zone", everything closes at 5.30 p.m, while we cannot leave the house after 6pm. My only escape is going out cycling every once in a while.
I'd like to discuss the financial and the mental repercussions of the pandemic plus, how do you cope with the Lockdown yourself?
This pandemic stole away many individuals living, ever since it started lots of business and institutions unwillingly shut down. In my case, considering how poor our country is and their response to this pandemic, nothing's getting better. You can see lots of families here dying not only because of the virus but also because of famine. As people lose their jobs and businesses, the government continues to give off a very poor performance leading the pandemic to worsen. Lockdown has been unending ever since and the only thing the government is doing is updating the citizens of the active counts without even providing an effective solution. Mental health is also being forgotten and it's a really unfortunate life that you ended up existing on this kind of country where hope's slowly fading away day by day. Unfortunately, such a pandemic is new to most of the world, especially European Countries. It's expected to impose wrong measures to tackle the pandemic. However, we've already faced it in March, our government at least should have learned from it and not repeat the same mistakes. We're on lockdown for 6 months now, while there's no light at the end of the tunnel. Almost no action has been taken to reinforce hospitals, and when they did, it was already too late. |
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i wont do that again. but in 2016 - 2017 xapo was a very popular wallet among people who want to get paid in bitcoin from faucet. no KYC or suck thing. we dont know if they are using KYC to take everyone money (( That's also how I acquired an account there, didn't require any details while some faucets had Xapo integrated in their services for immediate payments. Good ol' days we won't see ever again. Regarding the KYC, I think it goes without saying nowadays, due to GDPR policy, all financial institutions require such documentation. maybe its nessesary or maybe it's just a reason to take our money. i think crypto to crypto doesnt need KYC. its nessesary only if we want to take that fund into our bank account. btw i saw xapo is no longer use by many especially bitcoin holder right now. if they want to exchange their bitcoin into fiat, they prefer to use coinbase and WD into their bank account. Unfortunately, many custodial wallets now require KYC and even if you created your account before it was implemented it will be very hard to get your money out. When I first started using bitcoin I used Coinbase as my wallet and then a few years later they added KYC and deleted accounts of everyone who wasn't verified.
yahhh... basically we can say "xapo is not a cryptowallet/bitcoinwallet". we should not keep our crypto in there Xapo introduces itself as a digital bank, I'd avoid using any service that refers itself as a bank, on top of that, it doesn't provide you with the private keys. Thus, it's not a wallet, it's a service that should be avoided. I've used online wallets, such as BitGo, which provided me with the private keys upon signup, never requested any documentation either. |
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Can't really say that I'm glad that I'm not alone. Their support was a pain in the ass to start with, I had a few mBTC from faucets too. It's not a tremendous amount, but why should I let them have it? I could use of some extra cash, that I'd put back into holding more Bitcoin. I uploaded all my documents just to block me right when my verification wasn't "enough" for them. Saw the thread, but if I am not mistaken, it's a slightly different case. I've contacted them already using their form on the website. Will also try emailing them using the one you mentioned. Thanks! i have similar issue like you. i used xapo when i still play faucet back then. when i want to login on my old account around december 2020, they force me to do KYC for few satoshi left. but in the end i did it. it took me for almost 1 month to take back my btc I also gave them a ton of information before they blocked my account, they claimed that I only a few Satoshi on my account, I remember having more to be honest. Thinking back, I might have actually moved them before I stopped using their service, so I can't really blame them for something I'm not sure, chances are, I had. Pretty unprofessional to request a ton of information and then proceed to block me though. Why would proceed if you do know that you do only have less bitcoin on that wallet? You do have the free will if its really worth the risk on giving out your identity or not for such amount but well its your money and decision, whats done is done already.Lets hope that those info's wont leak out everywhere. There are actually old similar situations like these. https://bitcointalk.org/index.php?topic=3003842.0https://bitcointalk.org/index.php?topic=1903062.0If ever you intend on using up a particular service or platform then why others just cant simply make out their own research for them to avoid such problems? i wont do that again. but in 2016 - 2017 xapo was a very popular wallet among people who want to get paid in bitcoin from faucet. no KYC or suck thing. we dont know if they are using KYC to take everyone money (( That's also how I acquired an account there, didn't require any details while some faucets had Xapo integrated in their services for immediate payments. Good ol' days we won't see ever again. Regarding the KYC, I think it goes without saying nowadays, due to GDPR policy, all financial institutions require such documentation. |
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I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.
your thoughts?
I agree, bitcoins offer is freedom from the crazy monetary policies of our countries. In my country saving is just working anymore for the past 10 years. Effectively you are losing money if you do it, bank fees and inflation are rising while the interest on your savings account is falling. So investing into crypto currencies is the only real solution. And even if we don't make a lot of money by it, atleast we can store some value free from the government's. Cryptocurrency in general offer some kind of anonymity, they provide you with the ability to save/earn money without having them deposited to a bank whatsoever. On the other hand, Bitcoin isn't exactly anonymous, its transactions can be traced back, while other coins such as Monero provide better security features. What's concerning me is how to cash out your earnings. I'd prefer not to withdraw from an exchange to my bank account, however I don't see any way to avoid that. |
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Ugh....I first bought bitcoin back in 2015 when I was just getting into it and had just registered on the forum. The price (as I remember it) was between $200-400, but I didn't even buy a full bitcoin if you can believe that. As to why I bought it: Prior to 2015 I was almost certain that bitcoin was a fad that would die off, because I saw how many scams were being perpetrated right here on bitcointalk. But the longer I watched it and the more I read about it, the less certain I became that this was going to be the case--so I decided to jump in and buy some.
And boy, I wish I'd kept all the bitcoin I've owned. Time and time again it's proven to be a mistake to sell or spend it, and I probably could have had a fortune by now...but it wasn't to be, I guess. I'd also add that I've always seen bitcoin as an investment more so than a currency, so I never acquired any simply to spend it on things.
I bought during the same era, it was 2013 or 14 if I remember correctly. I didn't think of it as an investment back then, I used them for transactions (Buying/selling online goods etc). Looking back, I wish I hadn't spent them. That minecraft account was sure one of the most expensive accounts ever bought. |
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In my entire life, I have never worked in a real office job since graduation. Before I graduated in college, I already had a couple of online gigs where each of them paid me $50/month part time. This tells me that I should be doing more online work rather than the traditional office job (in which my parents didn’t like my direction back then). Although that my career is mostly working at home (until now, this time with crypto companies), I did have a job back then that gives me flexible 8-hour work and earned around $600/month as a customer relations manager (sometimes 16 hours due to the absence and tardiness of others who should take over my place in a specific hour shift).
I didn’t last long there due to stress, so I moved on to other gigs until I finally pursued into crypto and the rest is history. I would rather choose to have a free schedule where I can work anytime instead of flexible working hours daily.
I wish you good luck, don't worry about your parents, they can't interpret what they cannot understand. Likewise, I've had the same issue when I was younger and was dealing with crypto, some online gigs and mining. They've stopped now that they've learned about Bitcoin and how much it's worth. From what you've said, you're a freelancer, the negative on this is that you may not always have steady work flowing. Other than that, you are a boss of yourself, which is excellent. |
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Actually, I heard the same thing happen to someone here I just can't remember the title of the thread. He also sent almost all personal documents but in the end, his account blocked. I have some of the BTC on Xapo earn from faucets before and I'm sure it will also happen to me if I attempt to recover my wallet. I'm not desperate to submit my documents and we don't know they might use our documents for scamming purposes. Just adding this old thread. - Xapo wallet sucks. Stole $10 worth of Bitcoin until I provide all types of ID'sWhy not directly ask them through their email and ask about this issue here's the email support@xapo.comJust got an idea from this thread https://bitcointalk.org/index.php?topic=5197675.0 who solved the same issue. Can't really say that I'm glad that I'm not alone. Their support was a pain in the ass to start with, I had a few mBTC from faucets too. It's not a tremendous amount, but why should I let them have it? I could use of some extra cash, that I'd put back into holding more Bitcoin. I uploaded all my documents just to block me right when my verification wasn't "enough" for them. Saw the thread, but if I am not mistaken, it's a slightly different case. I've contacted them already using their form on the website. Will also try emailing them using the one you mentioned. Thanks! i have similar issue like you. i used xapo when i still play faucet back then. when i want to login on my old account around december 2020, they force me to do KYC for few satoshi left. but in the end i did it. it took me for almost 1 month to take back my btc I also gave them a ton of information before they blocked my account, they claimed that I only a few Satoshi on my account, I remember having more to be honest. Thinking back, I might have actually moved them before I stopped using their service, so I can't really blame them for something I'm not sure, chances are, I had. Pretty unprofessional to request a ton of information and then proceed to block me though. Why would proceed if you do know that you do only have less bitcoin on that wallet? You do have the free will if its really worth the risk on giving out your identity or not for such amount but well its your money and decision, whats done is done already.Lets hope that those info's wont leak out everywhere. There are actually old similar situations like these. https://bitcointalk.org/index.php?topic=3003842.0https://bitcointalk.org/index.php?topic=1903062.0If ever you intend on using up a particular service or platform then why others just cant simply make out their own research for them to avoid such problems? I remember having a decent amount of BTC there, that's why I provided them with any details they requested. It looked like a legitimate company and not some scam artists. Well I was wrong, they blocked my account and chances are, I didn't have any BTC there left. I remember moving them to some other wallet many years ago. |
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Working from home killed productivity tbh.
I get that it's great working from home and not having to commute, but if I owned any office related business, in what way can you verify that work is actually getting done without literally having to babysit employees and monitor their every move? I know companies will install tracking software on business computers, and I would hate to be using something like that at home.
The way we work is going to have to be reimagined if we want this model to work out, however I think that is relatively easy instead of the current jobs in which your functions are kind of nebulous we're going to have very specific responsibilities for each person and if something is not being done in time then you are going to know who is exactly failing, you don't really need tracking software for that, but if that were the case as long as you only have that software in a computer that is given to you by the company then I will not care because I will use the computer given to me only for work and I will use my own computer for my own entertainment. I think that both working models may face issues with productivity, one way or another, you can also get distracted with co-workers and so on, if you're working in an office. Same goes to working from home, your surroundings may distract you, but as I've already mentioned, that can even occur while working in person. As long as the work is being done on time I do not see why some bosses care about it, it seems to me this is just a matter of trying to control their employees when there are many instances in which working from your home can be more effective, I can understand some people wanting to be in the office if the place where they live is full of chaos with their family and kids, but for those that live on their own working from home has less distractions than most offices. Agreed, as long as work is being carried out, I don't see a reason for employers to not persuade their staff to work from home. Some can be offered the benefit of remote working, as long as they can prove that they are actually productive. That way, money can be saved from both sides, thus increasing both parties satisfaction levels. |
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It is not going as good as we hoped but we are nowhere near the levels we used to be, so we are doing better but not as good as we hoped we would, I guess for a few more months we will have some more but in the end we are going to lift it before summer, probably like May so that people could actually move around.
The problem is most governments do not listen to health experts like in my country, they don't seem to care about this pandemic because it doesn't really further their agenda and they are more on taking down their political opponents. Also, the people need to be disciplined because if they weren't then there is no point that there are health safety measures when no one follows it. The problem is that the governments are trying to balance public health with economy. We've been having a full lockdown here for six months, the economy here is probably doomed, leading to a 4th Memorandum after the pandemic ends. I believe that it is possible to balance the quarantine measures, only providing some degree of freedom, such as open retail and open restaurants/coffee shops, limited to their outdoor premises. |
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