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3041  Alternate cryptocurrencies / Altcoin Discussion / Re: Bear Market Can Be A Waste Of Time or Useful Depending on How We Approach It on: June 05, 2022, 09:55:40 PM
Projects don’t exactly fail in the bear market they just get devalued as compare to their launching value. This is very common and investors also get scared and start converting their assets into stable coins or fiat sometimes. The problem is this causes even stronger panic into projects because coins are liquidated at alarming rate. The whole process is chaotic and could really make project go into dormant stages. This makes project struggle a lot before it can reach to the highest level one more time.
I believe that there are some that fail, not just go down or anything but literally fail. Sure, many coins usually do not fail and only go down and that is understandable but at the same time and that means we are not going to see zero fails, we are going to see some that will go down so much and will not recover when the bull period comes.

This is usually a situation where those horrible coins end up doing absolutely nothing at all, and that means we are going to end up seeing plenty of projects that will fail because they provided nothing and they did nothing. Crypto is a hyped place where a project doing nothing means terrible things for its future.
3042  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Market 2022 | Back to the Bearish cycle: 2018-2020 year? on: June 05, 2022, 03:21:10 PM
I will not draw a conclusion that the market will be going that way again, nor I would say history repeats itself and probably because the market behavior has been changed already. I can say that people have been prepared already, people had already learned about the past bear season, so I guess, they will respond to the situation differently and even more positive, unlike before were the majority are in the selling. 

Even though the bear season will continue for quite longer, however, I'm not going to think about the worse impact on the market.
I agree that there are a lot of people who learned what they should do based on the last bear market, however at the same time there are some more new people coming in everyday meaning that they will not know what to do as well.

This is lower and lower right now of course, because each year we have more newbies and they get to be more experienced with time, so when we were in 2018 bear period it was bad but now it has been 4 years of newbies since that time and we are doing a lot better right now compared to that time, we haven't been that much down neither. I am expecting some newbies to make some mistakes but not as many people as 2018 for sure.
3043  Economy / Trading Discussion / Re: Should I buy BTC or DCA other coins? on: June 04, 2022, 01:19:01 PM
Perhaps, it was not be going hard to decide. Of course, we give favor and choose the best for us. Choosing altcoins during this bear season is not a good idea, we'd pertain to choosing Bitcoin instead, that's right. The use of DCA is not only suitable during the bearish time but also and I believe it was a must when doing trading.

Well, I guess OP had already gotten an idea, But I suggest taking the option that seems to serve the best him/her. It is somewhat important to pick the one that we know could help and enhance our chances.
I agree, choosing altcoins during this period means nothing to me as well and it means a lot of terrible results in the end. We should be managing to do something that will make us a lot of profit and bitcoin is the way to go there, altcoins could maybe potentially make us profit as well but which one? That is why it is unknown.

If we are talking about ETH or BNB for example then it could possibly be the same result but if we are talking about something else then the result may not be what we are looking for and there are some that go down or not go up a lot even during the bull periods. This is why I agree that bitcoin is the way to go.
3044  Economy / Economics / Re: Should we embrace a cashless policy?? on: June 04, 2022, 12:50:25 PM
Every policy certainly views the value of the benefits we get, many people are too ambitious to eliminate the cash function even though in fact until now there is no system that can be better than cash, instant transactions without waiting for confirmation and transaction costs, seeing the current conditions of course we still need time to hear the fact.
What people mean here as "cash" is the money you hold in your hand, the banknotes, and not the cards we use. Which means that we already found a better method. I do not see a point in using cash in this day and age, there is no logic behind it and people who are making this banknote to be used are still making some mistakes.

We need to slowly but gradually move towards a nation where we do not have to deal with any of this at all, there is no logic behind it and I personally feel like we are spending resources we shouldn't to print money. All those coins and banknotes uses some sort of material that costs something to the nation, and they are not needed, we could fully be digital.
3045  Alternate cryptocurrencies / Altcoin Discussion / Re: Is crypto bubble popping is a good thing? on: June 04, 2022, 11:14:12 AM
It is a need for us to accept the fact that people aren't ready to adopt the system, the new form of currency created. Though we could see it was a little bit disappointing how the world respond to this, yet, we couldn't be too hopeless to think about the dying end of this technology. It apparently will just take time for the world to accept the change, we can't rush the merchants and business owners as it was literally challenging knowing the volatile nature of the market.

But what is important for now is we see some changes and adoption in crypto. We have already hear some countries are in the transition from fiat-crypto. Likely, years from now we aim to see more countries will move to it.
That is the reason why adoption could be growing super high. I mean imagine the fact that there are nations which have crypto as a legal tender and that would be the biggest entry point for any nation. I get that it wouldn't really be something that would be ideal for any of us but that doesn't mean that we should be forgetting the current situation.

I get that we should be hyped about the increases and all that but when it is down we shouldn't be too upset and the legal tender situation was long time ago when it was higher and it might be lower right now in price, but the more places that end up doing this means the more price will go up.
3046  Bitcoin / Bitcoin Discussion / Re: 4.45 million bitcoin untouched for 5yrs,do BTC community can retrieve in future? on: June 04, 2022, 10:14:48 AM
For now, it's impossible and likely to stay this way. It's also a good point that some coins which are presumed to be stolen might be unmoved for other reasons, a person has the right to not move one's coins. If you didn't touch the money in your bank account savings for 5 years, would you find it fair if the bank redistributed all your money to some random people? If not, then you shouldn't want the retrieval of "lost" coins either. Also, if one day it does become possible to crack the keys (say, due to huge progress in quantum computing), the moment it becomes possible Bitcoin itself becomes obsolete because the money isn't protected any more. So there won't be a point of retrieving something worthless.
We can't make any decisions, that is the difference. I mean the talk here is that "maybe we should redistribute it again" or something like that but at the end of the day we can't do that. We can't retrieve it, so all the discussion about "should we?" goes to nothing at all.

If the discussion is about something that we can't do, can we please talk about how I would like to spend a day with Kate Upton and Alexandria Daddario at the same time? That has more chance of happening than Bitcoins untouched to be redistributed, one is "technically" possible, obviously not going to happen, but at least it is not "impossible", the other one is literally impossible to do.
3047  Bitcoin / Bitcoin Discussion / Re: Kenyan energy company entices Bitcoin miners with geothermal power on: June 04, 2022, 09:30:44 AM
Bitcoin is going more green, see a country electricity producer calling out for crypto miners to come to their country for crypto mining to mine with green energy, the electricity producer in Kenya, KenGen said 86% of their electricity generation are generated from renewable source. Bitcoin mining is becoming a business in the world that some organizations in a country see that they can make profit from. This will favour Kenya government in earning from bitcoin mining.
I understand that renewable energy is a big deal in the world right now because not only it is great for the climate, but also because it will make sure that a nation would be energy self sufficient and that is why most nations look at it.

Nobody really cares about the climate change, the whole world will become more and more inhabitable, we are looking at the summers as fire times, last year the place I was living burned to ground, it got 1km close to where I supposed to be, thankfully I ran away before it even started, and went back home, but the place I was as a holiday basically got fires all around it, with absolutely no way to get out. These are all because of climate change, and yet self sufficient energy resource is better for every nation.
3048  Economy / Trading Discussion / Re: Trading Platform? on: June 03, 2022, 10:12:48 PM
The gas fee really depends on the network you are using. Dex doesn't charge much. Also, there is a risk of the fake token on dex, so be careful. Since you aren't much experienced better to use reputed CEX like Binance where you don't need to spend the gas fee. I have been using Binance and no issue still now. But you have to provide KYC documents for cex. So choose the best option for you.
Depends on the dex, like if you are using uniswap, which is a dex, that means you are trading in the ERC20 network, and it will cost you a lot and the gas fee will be a lot. Maybe not these days, it looks like the price has been lowered a lot recently because of the fall and the lack of volume, but at the time it was definitely something that mattered a lot and the gas fee was a lot.

This is why I believe that we should not be really shocked to see some dex platforms being more expensive than the others, one that uses tron or sol or avax will not be equal to something that uses eth or even bnb. Hence there are some differences for sure.
3049  Economy / Economics / Re: Food crisis coming? What's wrong about it? It could be good on: June 03, 2022, 09:56:40 PM
Sorry, but every time when visit stores and see shelves full with food, employees running there and there to replenish shelves supplies, see pallets with food behind stock doors, I cant understand what is this "food crisis" everyone is talking about. Some might think that I am stupid, naive, too young and never saw real life and etc, but I dont see starving people around me. What we complaint about lately? Wheat? Can we eat other food instead? Or wheat is a direct or indirect ingredient of every other food? I think no.
It is not actually "shortage" of food, in the sense that we will not be able to find food. Some things would never really dry out, it will always be replenished. However, it is the prices that will be impacted, if there was 150 and sold 100 and 50 gone to waste, now there are 100 and will sell 100 and the prices will be impacted because of this.

This is why I honestly believe that the food will never be gone, or at least not fully gone, but the prices are already impacted. Just in my nation the food prices are up 40%+ and that alone itself is a big problem, don't get me started on oil and energy, that is gone bonkers and doing horribly as well.
3050  Economy / Trading Discussion / Re: Converting Neteller to BTC With Exchanges? on: June 03, 2022, 09:11:45 PM
You bumped a very old thread but since it's your own thread, you have the right to do so. I have been in the same situation so I will try and answer your question. Gambling funds mean you cannot withdraw them but transfer, hence some exchangers will not accept them. Then again, there are gambling forums where people are looking for gambling funds and will pay you BTC for it. I haven't used any gambling forums for a while but you may try your luck at Hackfroums.

Alternatively, you can create a thread here - https://bitcointalk.org/index.php?board=53.0 and post all the details that the funds you have are gambling funds and cannot be withdrawn but only transferred. I have been in the same situation as you for skrill and the worst part is that if you transfer the funds to someone even then it remains gambling funds. I tried to send to my friend and get it back in hope that the gambling funds will become normal funds but it didn't worked.
This is one of the riskiest things in the crypto world though, I do not know if it is wise to suggest them to do it, or go on with it, or even forward them to a place that they will do it. All the things you have said is correct, every single information on your post is correct, I have absolutely no complaints about it and there is absolutely no correction required about it.

Only thing I would be worried about is that if someone tries to trade with another person that way, basically p2p, and they are not face to face, that means that someone could take their money and not give anything in return. OP should be very careful about this situation and try to force the other person to go first.
3051  Bitcoin / Bitcoin Discussion / Re: Computer Scientists say Crypto Industry is Misleading??? on: June 03, 2022, 04:18:48 PM
We all know what this whole big fiasco about Bitcoin is. same old people now using so-called computer scientists to try to discredit Bitcoin so it will look more valid because other people have tried and have failed. It's simple, don't invest in what you don't understand as someone also mentioned earlier but I don't get why you need to convince others to follow you.  
The part where it says "computer scientists" is the funniest bit. Like if a computer scientist says so, then it must be true! Lol, why would we ignore everyone else, and only care about how bitcoin is "misleading" just because a computer scientist said it, why not a lawyer, or a financial investor, why computer scientist? Just because we are using blockchain?

We use laws and money as well but we ignore the other two, what makes anyone think we would give a flying flamingo about a computer scientist. Bitcoin is great, blockchain is great, we are improving every single day and we are going to be much better in the long run, and that’s it.
3052  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Depression Starts in Cryptocurrency Anytime on: June 03, 2022, 02:54:40 PM
Why Depression Starts in Cryptocurrency Anytime. some time gain profit some time loss.i feel any time depression.
It is nature that we can feel depressed on crypto because we cannot always earn on it sometimes there is also a big loss because crypto is high on volatility and it is decentralized so just think the happy moments during you earn a profit loss will pass and the next is earning. Thats the life of crypto investors and holders and it is normal.
I go to a psychologist once every two weeks, it is great and helps you stay sane during this period of the world where it is hard to not go insane. And one of the things we talk about is anxiety about things we can't control.

There are tons of people, who have a lot of stress and worry about things that they can't change, the world is filled with things that are terrible but we can't change. Look at the obvious Ukraine-Russia war, horrible isn't it? People dying everyday? Can you stop it? You can't, so maybe you should stop stressing about it daily and cripple you like that. Same with crypto prices, invest into it and leave it be, the drops and the ups won't be based on what you do, so you should not be worrying about it.
3053  Economy / Economics / Re: Russian Ruble Surpasses Brazil’s Real as Year’s Best-Performing Currency on: June 03, 2022, 01:22:31 PM
So you're saying that if I go to the Russian subforum and offer to buy 1BTC for 35 000$ I will have no takers as everyone there will not be tempted by this "scam" currency?  Grin
Again, I need to remind you what forum you're posting on!
Perhaps you will find someone who wants to make a deal, because there are a lot of fools and suckers in the world. In general, the Russian economy is making consistent efforts to abandon dollars and euros, switching to settlements in national currencies.

I remember which forum I'm posting on, look at my signature. Unlike you, I do it for free, and you cultivate your Russophobia and spread lies for money.
Fools and s**kers? Who made more than 5k? I am pretty sure who the fool would be in this story and it is not the Russian guy who just made 5+ thousand dollars, the minimum wage is around 120 dollars there by the way, so that 5+ thousand dollars profit means around 50 months worth of minimum wage in a single move.

You may think that euro and dollar is a "scam" if you want, just because you believe that to be the case doesn't mean that Russians as a whole believe the same thing and would say no to 50 months worth of minimum wage to be a bad deal, we here all know that is not the case, and you may be the only person who will deny the facts.
3054  Alternate cryptocurrencies / Altcoin Discussion / Re: Dumb plan? on: June 02, 2022, 07:26:28 PM
It's true that most of the altcoins will die in 3-4 years and some would die even within an year because new projects solving the same problem more effectively emerge and the old technology is not competent enough.

Another reason why most project dies in a few years is because the owners lose interest in the project once the ICO is done and they will just do the basic requirements promised within the WP and then move on to another project and raise more money. This entire altcoins market has become rogue and it's about time investors will realize that it's not worth gambling with these new tokens.
That death will not be good for the market neither, that’s the sad part. There are a lot of people who end up investing in those coins that will die within 3-4 years, and they will be losing a ton of money when it’s going down. That drops the market as well, and the general crypto marketcap drops because of that.

Look at Luna alone, it crashed and even though it was just a thing that should have impacted Luna alone, it didn't impact just Luna and it impacted the whole crypto market. Imagine this but with dozens of coins and tokens, that does impact crypto of course, since it doesn't happen overnight like that, it is not obvious, but it still hurts.
3055  Economy / Trading Discussion / Re: Trading Platform? on: June 02, 2022, 04:51:53 PM
Binance is a good platform you can always rely on with good reputation. It is easy to maneuver without much stress on what to get familiar with it. There are other platform you can use to start your journey into the crypto world which are just like Binance. One thing that makes Binance easy to use is because of it app that has both professional and starter interface where you can easily get things done. One of the major problem is Binance is a centralized platform that requires KYC for you be able to buy and sell.
This is true, there are many people who dislike Binance because it is at the top and there are many people like that in the world for any subject. Like they would hate the best team in a sport, hate the best actor in a movie, hate the biggest political party just because it is the biggest one, hate bitcoin because it is at the top, and all of them end up picking something smaller and worse just because they do not want to be favouring the best.

Binance is the best and there is a reason why it is the best, there has been a million other exchanges, people are not idiots to pick Binance out of those millions to use and take it to the top, we did it because Binance was the best one.
3056  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Depression Starts in Cryptocurrency Anytime on: June 02, 2022, 01:39:46 PM
Then never try to see the market again. Are you new in the crypto? if yes and you shall adapt with the crypto market. The movement of the price is really fast compared with the stock market. in the crypto market and you may face so many heart attack caused by the price can be dumped so hard and then jumped to the moon at the same time. it's better if you are starting to train your depression. If you can't adapt with the crypto market and just try that slowly.
You shall need to invest in what you can afford to lose and this may reduce your depression. You shall not use the hot money.
This is not simple though. Someone who has been here for a brief amount of time, doesn't know what slow means, something that may seem slow to them could be very fast in the crypto world or what seems very fast for them could be small for us. Like a 10% drop could be a big deal in stock markets, when apple drops 10% that is a big deal most of the time, but when you see that in the crypto world you know that 10% is nothing and you should be feeling fine about it for sure.

This is why suggesting to take it slow shouldn't really be a big deal, it is not an easy thing. Learning from a mentor could be much better, or doing nothing but just watching could be another way.
3057  Economy / Trading Discussion / Re: Mentor experience in crypto trading. on: June 02, 2022, 11:56:20 AM
It's fantastic to have a mentor you can rely on and form into who you are today. Mentors are meant to guide you but not walk you through it entirely because it will always be YOU who will carry you towards the goal you have, which will be the challenge everyone will face.

Many people are known to be good at trading and can make themselves appear suitable, but some scammers make it seem that they are making themselves credible first and then scam later. Picking the right mentor should be a big deal, and you should know who you are choosing. Like with a background that's going to reflect who they are, and they will be the one shedding light on what they are planning for the future and how you are going to be helped.

I'm not sure how Satoshi became a mentor because did he teach students about it?
Satoshi wasn't a mentor at all, that is a wrong idea, he was an inventor and that’s it, he just talked about what bitcoin is, and never really how to trade. However, I agree with you that trying to find a mentor is a tough challenge, you could end up with a good profit, or you could end up with nothing at all and a scammer will take all of your money.

When you are in a situation like that, investing becomes a big problem. I personally believe that the best thing to do would be to find other people who have mentors and if you see that they are making profit thanks to teachings of that mentor, you could follow them up and make that kind of profit along with them.
3058  Bitcoin / Bitcoin Discussion / Re: Bitcoin long-term holders continuing to ‘soak up supply’ around $30K on: June 02, 2022, 09:20:14 AM
I am really surprised about the strong buyers in the market right now. Every time the bitcoin price drops below 30,000 USD there are buyers in the market to push the price back up on the next day. For bitcoins I am getting price notification if the price changes more than 3% in a single day. For every price drop notification I get a notification that the price is rising again, it's really funny. What surprises me the most is that so many big investors said they would buy heavily around the 20,000 USD barrier, but now they must have switched to 30,000 USD. At the current climate I don't see the bitcoin price to drop any lower.
That is mainly because we are in a world where 30k is basically nothing for a bitcoin. If you found a brand new macbook pro for 100 bucks, wouldn't you buy it? I mean you would even be a bit confused why it is like that and assume there must be something wrong with it right?

This is why I believe that 30k is something like that, so all in all I have to say that this isn't a weird thing, bitcoin is not something that should worth 30k right now, or anything under, hence why people keep buying, 40k could be arguable, but 30k or lower is not a good price to be and we should all buy at that level and rich people know this and that is why they buy it.
3059  Bitcoin / Bitcoin Discussion / Re: Bitcoin long-term holders continuing to ‘soak up supply’ around $30K on: June 02, 2022, 06:44:51 AM
If you are aware of the current macro-economic events, it's debatable. The Fed in the U.S. continues to fight inflation by lowering demand through quantitative tightening, raising interest rates, and contracting the balance sheet. In the E.U., it has been recently recorded that its inflation is also high at 8.1%, and would also need their own QT, own raising of interest rates, and contraction of the balance sheet to lower demand. There will not be a "soft landing", but a hard one, forcing a recession.
I believe that with the high interest rate, people do invest into savings accounts in the banks, which mean that they will get a better return, but anyone who knows economics will still stay away from that because they know that what you get from the bank savings account interest rate will usually be lower than the inflation rate, so finding something else that will make a lot more money will matter.

If you want to protect your money losing value against inflation then you need to invest accordingly. Hence, all that FED rates and EU repeating the action will mean nothing to the people who know how to invest, and those people will increase the bitcoin price.
3060  Economy / Economics / Re: Should we embrace a cashless policy?? on: June 01, 2022, 08:53:02 PM
That's just a little research he did but true. There is more cons to it and perhaps the government will do it that way after all they own us.

At first I actually doubt that government will have a fair look in developing this sort of technology like the CBDC since its best to just chase what other countries are doing. But after watching what they have been developing like tracking individual's carbon print like what they are talking about in this video, it might really be true that they'd be no  freedom to anyone. And It turns out China's CBDC is actually provides more liberty to its people.

So it wouldn't be surprising if people will fight back and will prefer to use cryptocurrency.
That carbon footprint bs is really just an excuse for more control, no wonder "Green" it's starting to get some pushback, because they push for these Big Brother measures. Whether it's China's or someone else, I'm not very positive about CBDCs. They already have an inordinately tight control on our lives, crypto would have been our chance to decouple from them.
The real reason is that they can attack crypto from this point, and that is why they are doing it. There were no other lanes that they could attack crypto, they couldn't find any other methods so this one is "half" truth and they are going to keep attacking crypto because of this.

Eventually people will realize that this is nothing at all, we just use energy and not cause pollution because the ones that cause pollution and problems in the world and why it is not green is the people who we get this energy from and not us. But until that moment, since they couldn't find anything else to attack to crypto, there will be some who will use this reason.
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