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3081  Bitcoin / Legal / Re: The legality of the AML and KYC procedures worldwide. on: August 07, 2022, 04:06:40 AM
I do not think that everyone who describes altcoins as dirty coins/shitcoins then (dirty crypt, pure crypt, gray crypt) means them in terms of economic or financial terms, meaning that this description is due to poor programming and based on quick adjustments to the Bitcoin protocol and not real changes in it.

In other words, the majority do not call Monero, Ethereum, and other unique models a dirty coins and not because of their financial nature.

Financially, all currencies are equal, those that come from drug dealing and selling ice cream.
3082  Economy / Trading Discussion / Re: Trading then switching currencies on: August 06, 2022, 03:14:02 AM
Do you want to withdraw from trading or do you need to take more risks? In other words, if you do not want to enter into additional trading, all you have to do is transfer your coins/profits to any stablecoin/fiatmoney then the rate of change in the price of the currency within a short period of time is much less than the rate of change in the price of Bitcoin.

But if you want to speculate, in my opinion, both Ethereum and Bitcoin have the ability to return to previous levels, so keeping any of them and transferring it to the other will not cause you losses in the long run if you have the luxury of waiting.

Finally, the fees for withdrawing Bitcoin and Ethereum on many platforms are a little expensive, so consider using cheap withdrawal altcoins[] such as Ripple and litcoin to transfer between platforms instead of Bitcoin[2] and Ethereum[3].


[] https://withdrawalfees.com/
[2] https://withdrawalfees.com/coins/bitcoin
[3] https://withdrawalfees.com/coins/ethereum
3083  Alternate cryptocurrencies / Altcoin Discussion / Re: Which use case or utility will lead in 2024 or next bull market on: August 06, 2022, 03:05:37 AM
Usually it is unique or something that existed before, but it was not that famous and a response to problems.

For example, we first witnessed harkforks as a way to facilitate the mining process and thus obtain free money, and then mining became an expensive idea, so all the quota proof of stake appeared, and then we went to the problem of fees and solutions appeared Like the second layer or cheap altcoins so we need solutions such as ICO & IEO, and then the fever of NFTs tokens and Meta appeared.


so the chances to get new idea is more than using old one,
3084  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts about btcst altcoin? on: August 06, 2022, 02:51:48 AM
Any currency that bears the name of a famous thing or a sensational event, stay away from it. This includes all currencies that have the name Bitcoin, Elon Musk, Space, Mars, James Webb, ..etc.
It does not matter what name they will call it, but will they really provide something new that will make many people pump money into this currency and invest in it, or is it a new way to make developers rich?

Making the total supply fixed does not mean that it is a good investment because there is no value in supply without the presence of demand.
3085  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think metaverse have a place in the world on: August 05, 2022, 08:05:16 PM
Metaverse as a concept that needs to be centralized to implement and therefore requires huge investments. If a company has enough resources to manage it, it may achieve success just as Meta (Facebook) does
But in cryptocurrencies, it is a way to get free promotion, after I  NFTs wave down, and more and more people are turning away from such investments.
3086  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is Solana still a thing? on: August 05, 2022, 07:21:41 PM
As I understand it, the recent hack was not the blockchain, but we can't ignore the fact that this network is overly centralized, which makes any sequential investment a gamble.
Unfortunately, what drives people to invest is the price and the schemes, as long as the price goes up and there are people (they may be paying) who tell them that the price will increase and you will make a quick profit, they will continue investing until it happens just like what happened with Luna.
3087  Bitcoin / Bitcoin Discussion / Re: The British Museum has some Bitcoin items on display on: August 05, 2022, 07:17:45 PM
These physical Bitcoin coins and even if they are historical or related to an event, are not directly related to Bitcoin or its origins, I can understand things like the computer that mined the first known Bitcoin, the personal devices of people like Hal[1], physical objects associated with the early days of Bitcoin and others and not products of companies.

[1] https://bitcointalk.org/index.php?action=profile;u=2436
3088  Bitcoin / Bitcoin Discussion / Re: I have started teaching Bitcoin to my Neighbors on: August 05, 2022, 07:10:52 PM
That's fine but I think the basics are on YouTube and in some books like The Bitcoin Standard, Mastering Bitcoin, if these books and resources are available in your local language it will be easy for them to learn if they have some time.

A tip is to get them to stop thinking of Bitcoin as a short-term investment or a quick way to get rich.
3089  Economy / Economics / Re: Nations should impose special taxes on oil firms: UN Secretary General on: August 05, 2022, 05:14:24 PM
Imposing taxes on these companies will result in additional costs over the price of oil, because in most cases, countries will charge that cost to individuals and will not pay it, and therefore oil bills will increase for the individual even if they obtain government support.
The best solution is to rationalize consumption as much as possible and support global stability, as there are areas in Libya and Venezuela that are rich in oil, but political problems are what make supplies stop.

As for the natural gas problem, it is a separate and complex crisis.
3090  Other / Archival / Re: Scamfari - Report a scam and earn money on: August 05, 2022, 07:19:23 AM
According to this

Quote
- The more submissions you have, the higher the chances of getting on the leaderboard and winning prizes

In other words you will do the work, you have to strive to be the first and then they will control who wins the prize among those who report.

It is not an ideal model for making money as everything depends on their honesty and competition between members, it would be ideal if there were requirements to join the team or put an address for donations to be sent to you if someone found your review helped them avoid losing their money.
3091  Economy / Economics / Re: TOPIC: Pros and Cons of saving fiat versus saving Bitcoin in this current econom on: August 05, 2022, 07:10:42 AM

7 Bitcoin ensures ease to do business with both local and international parties that involve huge amounts of cash, without having to incur heavy charges considering the volatility of the exchange rate, unlike fiat money.
I do not know how this sentence can be true, as the Bitcoin propagation globally is still in the beginning stage and it is impossible to compare it with the prophecy of paper money that has hundreds and perhaps thousands of years.

In general, Bitcoin is an idea and carries a high risk, so if you want to invest, you must understand all the risks before you deposit your money and invest wisely and not recklessly.
3092  Economy / Economics / Re: Can Tesla's Electric Semi Resolve Shipping Issues Related To High Fuel Costs on: August 05, 2022, 07:01:07 AM
I expect prices to continue to drop because there are investments being pumped into this sector, which will lead to a reduction in the prices of batteries and how they are manufactured. Therefore, it is not surprising that they are cheap, but I always see that electric cars need about an additional 10 years to be able to compare them with diesel cars.

Also, child labor in Africa, environmental pollution and other things are for informational consumption only.
3093  Economy / Speculation / Re: $1 Million Bitcoin On Track To Break This Price Level. on: August 02, 2022, 06:56:34 PM
Unfortunately, before we reach the levels of one million dollars for Bitcoin, which may take about 10 years, the possibility of a third world war seems promising, which will make the calculations of reaching these levels very foggy.
Therefore, I personally see that the next cycle will be the last traditionally, and then either we will witness rapid growth towards one million or a return to levels below a thousand dollars.
3094  Economy / Trading Discussion / Re: a month of bot trading on: August 02, 2022, 06:37:52 PM
A month is a simple period to judge the experiment as success or failure, and you need to wait for a longer period, perhaps three to six months, before you analyze the results.
Obtaining accurate results from the averages will be difficult because they work in the long term and because in the recent period the controversy regarding reaching the bottom, or rebounding to the 30k levels has not been resolved, so all you have to do now is wait until the price settles in several price ranges, the fluctuations will be very slow Then your bot can achieve better results.
3095  Economy / Economics / Re: A Secret to financial breakthrough on: August 02, 2022, 05:33:57 PM
When you try to compare a poor person with a person born with a golden spoon in his mouth, then you are trying to compare a person trying to run and someone who has wings to fly.

The concept of rich and poverty is relative and may differ from one country to another, but in both cases you need time to transform extreme poverty into a noticeable rich, and this is rare among poor individuals, but it is normal among members of the rich class. They continued to be poor.

The bottom line is the more you know, the faster the trail will be, but in the end the factors you mentioned determine the starting point of the race.
3096  Bitcoin / Bitcoin Discussion / Re: Best Crypto friendly country? on: August 01, 2022, 08:41:57 PM
I do not know why all the responses above are considered taxes as the only obstacle. In the end, when you move to a country for crypto, you aim to achieve maximum profit. Therefore, countries with low income and relative stability will be ideal because you do not need to spend a lot of money with zero taxes.
There are also variables such as the ease of buying and selling Bitcoin, restrictions on foreign currencies and other things that need to be taken into account.

In general, why did no one mention El Salvador?
3097  Economy / Economics / Re: Singapore to unveil plans to becoming a Bitcoin hub on: August 01, 2022, 07:15:00 PM
All of these will remain speculation unless followed by a change in regulations, regulatory legislation, ease of registering a company, and taxes.
If all these factors are present with the attractive environment, then many platforms will welcome the establishment of a headquarters there. Otherwise, we will only hear news reports that are supported only by rumours that are difficult to verify.

I remember that Binance is facing some organizational problems in that country, so nothing has changed so far.
3098  Economy / Trading Discussion / Re: How diversified are you with your investment, crypto aside? on: August 01, 2022, 04:30:13 PM
The current price may be the best opportunity to buy bitcoin at a low price in the next 10 years so there is no alternative but to buy when the price is down but the $22,000 average seems like a good starting point.
Saving does not work in cryptocurrencies, but rather investing because you will need to forget this amount for several years, otherwise you may end up losing your money or being less than the inflation rate.
I do not advise you to invest in many digital currencies, but rather in Bitcoin and keep cash if the price of Bitcoin drops
3099  Economy / Economics / Re: did the market react incorrectly to the recent Fed meeting? on: August 01, 2022, 03:55:29 PM
you read it in reverse. The rise in stocks, especially high-risk assets include cryptos, means that the markets were not afraid of real economic problems that would push them away from high-risk investments, although I think that the recent rises are nothing but better than what was expected (the worst) and therefore It is difficult to say that the reserve will risk accelerating the recession by carrying out further monetary tightening.
3100  Economy / Services / Re: hi dear i am new I will provide my services in exchange for Bitcoin payments on: July 31, 2022, 07:10:24 PM
Since you are a person with a background in marketing, the way you present yourself initially gives an impression of your professionalism, and unfortunately, you have shown the opposite.

 - You posted in the wrong board which means you didn't read the forum rules.
 - It is best to display your past experiences in a way that the user can verify.
 - It is better to write prices and a way to contact you, as the messages are limited (per hour) for beginners.
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