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301  Economy / Economics / Re: Bitcoin and it's holders in our society on: March 22, 2024, 09:19:49 PM
They really are cracking down those people that are involved in trading or holding Bitcoin. I guess you guys really have to hide all of those crypto related apps if you go outside or use another device when you have to go outside and just leave that phone that has apps installed for your crypto trades and portfolio managing. You'll never know what the police or anyone will do to you upon knowing or accidentally seen that you're also into crypto investing/trading as they'd always have that mindset that someone who's in, has got a lot of money.
Apply our brain and enchancd our activities in the space. There's probabilities of acquiring alot of things but pinning them down to zero is definitely hard to because the market have been programmed in such a way that losses and profits are both inheritedin the market. Everyone is here for the wonderful moments with most of the people we cared ahout. The rumors is true, people have developed the mindset to see every single person that trades crypto as financially stable person, he should mind his business.
It might be hard as you say for them to pin them all down but once you've been spotted at the right tempo and you're caught off guard. That's when you will realize that you should have been careful at all times. Don't be too showy to everyone that you know and stop talking a lot about investments if you're in that situation that's really going to put you down once you've been caught. It doesn't matter if you're proud or not but the toughest situations has to humble you down and needs to use your brain rightly. It's not just all about enhancing your activities on the crypto market, I'd be against that if you're in that place where cracking down is rampant.
302  Other / Beginners & Help / Re: What's the Possibilities of having a corporative affair in the Crypto investment on: March 22, 2024, 07:42:38 PM
I think loyce did this before and note that the pool of funds came from several forum members. So, if it's possible with that setup then it's also possible to do it with your friends. But you know what OP, I'd avoid being associated with any friends or relatives with investments. Because you don't what's on their head. If they'd just invest and give the money to you without understanding how the wild ride will be, you better stop being interested on this kind of investment. You invest on your own and avoid this kind of setup because based on my experience, this really won't work at all unless those relatives and friends that you're going to include on this pooling or crowdfunding understands what volatility really means and how the crypto market works.
303  Economy / Exchanges / Re: OKX terminates services in India, asks users to withdraw funds by April 30 on: March 22, 2024, 05:05:36 PM
I agree, OKX probably have been pressured because it's either that the local exchanges have been complaining to their government that the volume that should be on them went to the global markets. So, as part of regulations and benefits, instead of those going to their economy and local exchanges, it is circulating globally that's being distributed somewhere.
A complete ban does not benefit all parties (government, crypto exchanges, local traders, investors), so governments resort to directing investors either to stay away from the market by imposing high taxes or to force them to use local exchanges where deposits can be guaranteed, legal compliance, taxes paid, and all regulations are guaranteed. For this to happen, international exchanges must ban users.
This seems to be happening in most of the countries that have been crypto friendly but then, such pressure and factors that affected the operation of their local exchanges and even the benefit that should be for government really pushed them to do so. That taxation that has been made rounds is truly like a shadow ban.

I just hope that such legislation does not push investors to try anonymous non-KYC platforms or with low trading volumes, which may lead to scam for some and loss for others.
Well, we can't stop those users/investors that will try and find a way to get into those platforms and are thinking of avoiding these matters. It's just hard that many of us have got choice but those choices seemed forced to the users from these specific countries.
304  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: OKX announced exit from India and Australia market on: March 22, 2024, 03:49:05 PM
Hell TVA, there's already an ongoing discussion about the same topic. Let's continue the discussion on that thread[1] that's been made first before you about OKX's exit in their Indian market.
[1] OKX terminates services in India, asks users to withdraw funds by April 30
305  Economy / Economics / Re: Ignore Financial accountability to your detriment on: March 22, 2024, 11:31:46 AM
Many of the middle class that came from having nothing are wiser but it doesn't mean that there are no people that won't commit any mistake. The problem with those reckless people that every payday, they already have allocation for it for pleasures and stuff that they have never done when they were poorer and young. There's the inner child of most of them that want to buy and do things that they weren't able to do in the past and so they allocate their salary on it because they will just have another payday after 2 weeks or so. While the rich always becomes richer, they know how to take care of money and they practice delayed gratification and that they want to invest their money instead of buying the wants that they need. It's normal to start with some pleasures to enjoy your money but you don't have to all in what you've got and still have that portion bigger for your long term plans than short term.
306  Economy / Speculation / Re: You have a better chance with Bitcoin now than the next minute! on: March 21, 2024, 11:29:44 PM
BTC price at the beginning 2018: $13K
BTC price at the end 2018: $3.8K

BTC price on May 1, 2021: $53K
BTC price on May 30, 2021: $38K

OMG I'm in loss, Bitcoin is SCAM. Shocked

If you cherry pick to calculate the profit, I'd cherry pick to show if you can loss in Bitcoin for holding 1 month or 1 year.
Those skeptics and anti-Bitcoin will definitely pick their calculator and will show to the world on how much is the "loss" that someone has if they've invested on the peak. But that's how it is going to look like if they're not going to zoom the charts. While if they have that base argument and they always cherry pick then we also have our own by just looking at how someone earned a lot by just holding it like start it on 2017 or even by 2020.

The key is hold for long term i.e. at least for 4 years!
This could be long for them but that's the essence of HODL and long term investing.
307  Economy / Exchanges / Re: OKX terminates services in India, asks users to withdraw funds by April 30 on: March 21, 2024, 10:08:37 PM
I thought that India has 30% of taxes from crypto profits and that means that they're welcoming any development of businesses and services that will happen there. But as I have read some info about this termination of their support and service to their Indian users, one main reason - local regulations.

I actually think of the 30% tax as a part of a soft ban because it's too much of a dent to traders. IIRC, soon after this was imposed, more than half of the volume from their local exchanges went to global exchanges with laxer KYC policies because the locals thought they could circumvent the huge tax imposed on them thru such means.

If the Indian govt is imposing such burden to their local traders, it's safe to assume exchange operators could be experiencing pressures as well. Although the indian market has a great potential, it's just one market out of the many countries global exchanges are serving.
I agree, OKX probably have been pressured because it's either that the local exchanges have been complaining to their government that the volume that should be on them went to the global markets. So, as part of regulations and benefits, instead of those going to their economy and local exchanges, it is circulating globally that's being distributed somewhere.

In addition, a lot of global exchanges are off-shore businesses that wants laxer policies as much as possible.
Definitely. They want to no dramas and that much restrictions. I think they have no problems at all with regulations but if it's too much for them that's being asked by the local government where they're operating, they just can't give that much and has to leave that market as they've got some other markets that they can also get that lost volume from that disposed region.
308  Economy / Exchanges / Re: OKX terminates services in India, asks users to withdraw funds by April 30 on: March 21, 2024, 08:10:03 PM
I thought that India has 30% of taxes from crypto profits and that means that they're welcoming any development of businesses and services that will happen there. But as I have read some info about this termination of their support and service to their Indian users, one main reason - local regulations. Well, that's confusing to think if there's a designated percentage of taxation for crypto profits and then now this. What soon? the discontinuation of other exchanges that are operating mainly outside their country and they'd still allow exchanges like zebpay that's originated from their country? as said, they're the major exchange that's regulated and complied to the regulators.
309  Other / Beginners & Help / Re: AZORult stealer targets crypto wallets with a sophisticated HTML smuggling on: March 21, 2024, 06:58:02 PM
This has been my recommendation to my friends to use Linux since almost everything can be done with it, at the same time you don't have to worry about expensive licenses in Linux since there are alternative software like office, most virus/malware will not run on it, i use it before and must say it work like a charm, just use ubuntu desktop and you're good to go.
It's because that they have lesser userbase and hackers won't waste time on it as majority of the people either using mac os' and windows. One thing that they can learn from using linux is there's also a career in it that they can be linux systems administrator so, it's a double thing for them. They're able to at least decrease the chances of dealing with these stealers and attackers and at the same time, they learn a new skill when they've become get used to the usage of linux environment. But still, it's not that 100% that they won't be targeted by attackers/hackers.

Although according to this report: Linux malware is on the rise—6 types of attacks to look for.

I think was is more prevalent attack is crypto jacking, because they can really harness of those individuals using Linux flavored OS.

So it mean no one is really immune for such attacks, and numbers are growing as well for Linux. But obviously, 80% could be in Chrome base as security is not that high and majority of us has been "programmed" to used them.
That's right, attacks are lesser but it doesn't mean that linux users or other linux distributions are immune to such attacks. These attackers are focusing more likely to the ones with huge userbase and that's why we keep seeing those attacks from the windows users. But it doesn't give an exception to the linux users. And what matters here, whatever OS you use, you still need to be careful to all of them and start it from yourself with how you use your computers or any devices as any kind of attack might come to you if you aren't careful enough.
310  Economy / Economics / Re: Bitcoin and it's holders in our society on: March 21, 2024, 05:48:55 PM
They really are cracking down those people that are involved in trading or holding Bitcoin. I guess you guys really have to hide all of those crypto related apps if you go outside or use another device when you have to go outside and just leave that phone that has apps installed for your crypto trades and portfolio managing. You'll never know what the police or anyone will do to you upon knowing or accidentally seen that you're also into crypto investing/trading as they'd always have that mindset that someone who's in, has got a lot of money.
311  Bitcoin / Hardware wallets / Re: Ledger Nano S - Lost all hope on: March 20, 2024, 11:40:29 PM
I have just realized my computer does not read the Ledger when I connect it. It does not show up in Device Manager. I've tried 2 different USB cords.
Nano S HW really has this problem with their cords and that's why try to test it with the other USB ports of your computer. I've experienced that before when I have connected mine in the front USB port of my computer it worked when it was still new but in the long run, it didn't anymore so I connected it to the back USB port of my PC and then it worked like magic.

Will the ledger not show up as a hardware device if I dont put in the recovery phrase?
It will show up, as long as you're able to connect it once before as it will serve like your portfolio tracker and all you need to input is your ledger live's password.

If my computer can't read the device is our only option now to move the currency somewhere else and can someone give me an article to read or something so we know how to do that?
Typically, it's only about the cord which is certainly a common issue for the older versions. Other than that, if the bitcoin app isn't yet on your HW, follow what meuserna said.
312  Other / Beginners & Help / Re: AZORult stealer targets crypto wallets with a sophisticated HTML smuggling on: March 20, 2024, 10:07:36 PM
This has been my recommendation to my friends to use Linux since almost everything can be done with it, at the same time you don't have to worry about expensive licenses in Linux since there are alternative software like office, most virus/malware will not run on it, i use it before and must say it work like a charm, just use ubuntu desktop and you're good to go.
It's because that they have lesser userbase and hackers won't waste time on it as majority of the people either using mac os' and windows. One thing that they can learn from using linux is there's also a career in it that they can be linux systems administrator so, it's a double thing for them. They're able to at least decrease the chances of dealing with these stealers and attackers and at the same time, they learn a new skill when they've become get used to the usage of linux environment. But still, it's not that 100% that they won't be targeted by attackers/hackers.
313  Economy / Speculation / Re: Is It Time to Buy More BTC? on: March 20, 2024, 08:13:42 PM
I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.
If you have just bought on $60k-$61k just this day, see in less than 24 hours we're back to $66k.

Well there are good arguments on both sides. On one hand, the long-term outlook for Bitcoin remains very bullish as adoption increases. Even major institutions continue entering space, and trends like halvings may lead to new all-time highs over the coming years. But on other hand, factors like the upcoming Fed meeting could continue to bring volatility in the short-term.
Halving isn't a trend, it's an embedded thing to Bitcoin that will continue to happen est. every 4 years or every 210,000 blocks. And that's why we're all expecting it to push more demand as the miners reward will be cut in half in supply so, price will go up after it.

I also think this price drop may present a good buying opportunity for someone looking to DCAing and I'm also looking to buy more BTC especially since BTC's price is low and there's zero fees on Bitget. Of course, as with any investment, only put in what you can afford to lose.

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.
That's right and that's the reason when you see an entry, don't miss to have it. Do not listen to people discouraging you to buy Bitcoin because they'd redirect you to the alts that they baghold.
314  Economy / Scam Accusations / Re: Tax refund scheme scams on the rise using "Gas fee refunds" on: March 20, 2024, 12:00:29 PM
Look how not secured X platform is. Related to this tax refund scam scheme, there is this tweet that I've found from a guy that has a verified check badge and then upon checking, he's only got a few followers. And the tweet is about one of the links which is on the code below.

Code:
https://refund.gaseth.xyz/

PS: Zoom in/out the image for better visibility.



Code:
https://twitter.com/pablotres6215/status/1768883378697257055

That's the link of the tweet and instead of quoting and linking it to the image, I've used the "code" code. And as you can see, that tweet has already garnered 554.1k views which gives me the idea that there probably have fallen for it already.  Undecided
315  Bitcoin / Bitcoin Discussion / Re: Would you invest in BTC or MicroStrategy MSTR? on: March 19, 2024, 11:28:12 PM
I've read that they've bought again this plummet and that's around 9000+ BTCs again.

Do you choose to invest in BTC or MSTR? Why?
I'll choose to do it on BTC and will have my money entrusted on it than to invest on their stock that also buys Bitcoin. You see the loop there? if you can invest and buy BTC while you're going to invest to a company that continuously buys it and then the gains will mostly go to them and through their stock or share, they'll distribute that profits wherein you can maximize that profit by having BTC in your own custody.
316  Economy / Gambling / Re: 🔥🔥🔥 BC.GAME - CASINO AND SPORTSBOOK | $1,000 GIVEAWAY LIVE! 🔥🔥🔥 on: March 19, 2024, 09:13:07 PM
There is nothing we can do with that as you've missed it during the claim period. I am sorry about that mate but you have to move on and try to join the giveaways that's being sponsored by bc.game on the games and round just like I have forgotten to say and I've just seen it that ivan won the contest lately and there's another one that's going on again by peanutzwar. Maybe your luck is in there and it's located on the games and rounds. By the way, congrats to ivan too. I was not that far with the winning time and I hope that I experience to become a winner too.  Smiley
Well, what's to worry about? The man couldn't get the code, he didn't have time. Next time, he's bound to get lucky. Why get upset and shout to the whole world that you were cheated and failed? I don't understand such people. Here they give out such generous gifts, and there are still dissatisfied with all this. You have to do everything on time so you don't have these problems. Be a little quicker than usual. Others are also awake and eager to get freebies.
I don't think he said that he's been cheated but about failing it, he did said that. He was just disappointed that he didn't claimed it before and yes, no worries with that as he has seen that those codes already expired and he has to move on already. Anyway, you're right with all that you've said and there's a need for them to be attentive at all times especially when they've been joining giveaways and contests for them to see if they've been rewarded or not.
317  Other / Beginners & Help / Re: HELP! Can’t someone decode and confirm this website pls. on: March 19, 2024, 07:59:29 PM
Where are you getting these websites that you're asking? Are they from someone whom you know or from the research that you're doing? If it's unknown to most then you should mostly avoid that and never get into any deposits or investments that they promote. It's not just all about ICOs but also what the website is all about and what you are interested to do. Because these websites might trick you as a newbie into investing or depositing money on them and after that, they'd be gone or your actual money is gonna bye-bye afterwards.

There are sooooo many crypto scammers out there! I jst can’t believe it.
They're even more every bull run as more people coming in to crypto because of it.
318  Economy / Economics / Re: The Prices of Labour. on: March 19, 2024, 11:49:42 AM
Then, my reflection moved to the circumstances around the Professor. How much is the monthly salary of a Professor and other related allowances as are accrued to them in the midst of plenty. In fact, there monthly take home is meagre and is better imagined than experienced.
Is there Prices determined by the market mechanisms of demand and supply or by an authocratic Fiat of the government, thus what must be done to effect justice on this serious matter.
I would want the public in this forum to contribute.
It varies and I've known professors and actual professors of mine in college that they've been teaching not just in one university or schools but they've been doing a lot of part time from other schools and institutions too. Upon hearing that, I guess that they don't get pay decently and that's why they have to take every opportunity from other universities to teach and that adds up to their working experience but I can't imagine the time management that they've been dedicating to their profession just to give proper and better education to their students.
319  Other / Beginners & Help / Re: It is not to late, but how do I get established with BTC and the community? on: March 19, 2024, 09:15:46 AM
@tabas you said it right, there have been some areas were crypto newbies get discouraged of Bitcoin, these are the cause of misconceptions among them and it should be corrected. However, some don't care to do there own research about Bitcoin they depend on others people words.
If there's to blame with that spreading of information and mindset, those are the influencers that have been paid to do that because there are projects that want them to advertise and they receive hefty amount of money from doing so. And not just about the fee that they get for shilling it, they're possible offered for some commissions based on the sales that they'd drive onto that project. For that reason, many influencers don't mind the sake of their audience as long as they make money, they receive commissions and fees and stuff to make their pockets full in return of the loss of their viewers that seem to believe everything they say.
320  Other / Beginners & Help / Re: It is not to late, but how do I get established with BTC and the community? on: March 19, 2024, 07:42:12 AM
Hello all, Anyone starting with BTC this year, doesn't have the great opportunities from the past. It is not to late, but how do I get established with BTC and the community? Where to start that isn't just following everyone else, or too new for anyone to pay attention?
Just pay attention to your own accumulation at this rate. Because in such communities, not here, maybe somewhere you may land or will discover. There will be a lot of discouragement to you that they'd tell you gains aren't going to be great and you're already too late in the game. You know, such words like that which won't force your enthusiasm but instead they will shill you out some altcoins and tokens and memes that they've invested. With this, you'll focus on your own asset and you only have to read news, speculations and even if they're bad or negative then only take those positive ones that are going to be helpful with your DCA.
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