Bitcoin Forum
June 21, 2024, 07:29:40 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 [156] 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 ... 409 »
3101  Economy / Reputation / Re: Finally in the Hero club! on: March 22, 2022, 05:25:49 PM
I know this feeling 😏, having passed through it myself after what seemed like forever for me. I was at Senior rank when the merit system was implemented and it looked like I was going to be stuck there forever. Ranking up to Hero was at snail speed or less than that for me. But benevolence found me after that and getting to legendary wasn't such a drag like what I experienced moving into hero. I'm sure you're in a glee right now. May benevolence also locate you henceforth. Enjoy the moment and congratulations.
3102  Bitcoin / Bitcoin Discussion / Re: Impact of bitcoin if Satoshi Identity is revealed on: March 22, 2022, 01:12:18 PM
OP, I don't think the world cares anymore about discovering Satoshi. Bitcoin is on autopilot, so to say. Whether Satoshi appears from the blues or not (that's if he's an individual and is still alive) doesn't matter any more. Bitcoin is able to attain it's height because of its security features which have earned it trust from the community. If anything, the world knows of Martti Malmi (Sirius) who's an important person in the development of Bitcoin but that hasn't in anyway affected Bitcoin. Malmi grants interviews and talks about Bitcoin and an insider but people don't seem to care what actions he gets involved in. They don't see him any differently apart from his ingenuity. Maybe that's how the world will react to Satoshi if he surprisedly appears on the scene now. What if in the likely case that Malmi turns out to be Satoshi, I still believe life will just go on as usual. Except for him who will be needing extra security around himself.

THE reason of high trust of bitcoin is that there is no hidden code, no back door. no red button that can cause an instant sell off of all coin by any reference client dev
That should be it and not because Satoshi's identity is hidden.
3103  Bitcoin / Bitcoin Discussion / Re: How a Pakistani celebrity and crypto billionaire challenged his government on: March 22, 2022, 10:49:00 AM
I will continue to hate dictatorship and censorship of any kind. Any country that censors free speech and ease of doing business by its citizens should be condemned. I believe that's why the US hates anything that doesn't promote democracy. I listened to the part where the Pakistani celebrity – Waqar Zaka, said he sued his government to court because of what he called unconstitutional ban of Bitcoin in Pakistan. It was an action worth emulating.

Maybe he'll be the next leader like president of El Salvador
Isn't that already like being over ambitious?
3104  Bitcoin / Bitcoin Discussion / Re: 19 Million BTC in two weeks' time on: March 22, 2022, 07:56:08 AM
Fun fact: we're already halfway away from the next Bitcoin halving(or halvening, whatever). It totally felt like the last halving was just less than a year ago.
How time flies. Truly, it's like it happened just yesterday. If Bitcoin stays above $30,000 going into 2024, the next halving will see price spike so high in 2025 that will leave many jaws agape. So far, I think Bitcoin hasn't disappointed after hitting its last ATH in 2021 till now. Though it's losing around 40% of that gain in what shows a bearish momentum, we still can't compare it with what happened in 2018 after its ATH in 2017. The market is getting better after every halving. Expectedly, I want to see 2024 case top that of 2020.
3105  Economy / Trading Discussion / Re: How has trading been for you during this Ukraine and Russia war on: March 22, 2022, 06:55:41 AM
I don`t see big changes either right now. It seems to me that prices are kept at about the same level as before the war. On the contrary, more attention is being paid to the cryptosphere, because donations to Ukraine are also received in cryptocurrencies.
I also advanced this argument that if anything, the awareness and demand for Bitcoin has kept it from crashing and dumping as the war goes on. Otherwise, we should be seeing a Bitcoin in the $20k region by now if not that donations to Ukraine in Bitcoin further exposed Bitcoin to the world and demand soared. I want this demand to continue as the market meanders through this tough and rough first quarters of 2022. I believe the second quarter will present a stronger price momentum. We've even started seeing flashes of it already. At the moment, Bitcoin is trading above $41,000 and April which marks the beginning of second quarter is less than 10 days away. This is a good development.
3106  Economy / Trading Discussion / Re: Why Does This Always happen? on: March 22, 2022, 06:05:58 AM
The market is unpredictable, so always do a thorough analysis before deciding which coin to buy and feel good with what you have.
There's a reason the market is unpredictable. Even with all your analysis and backtesting, you still won't be perfect in predicting the next move of the market. This is why that caveat of, "investing only what you can lose" is necessary for every new trader to memorize and make a daily business anthem. I've come to conclude that the best way to trade the market and be profitable is to do it without any encumbrances and pressure. Just trade with ease and not put pressure of what one is likely going to do with the targeted profit even when it's very far from made.
3107  Other / Beginners & Help / Re: Another Scammer!!! on: March 22, 2022, 05:26:13 AM
~snipped~
we all have to be more careful and personally try to educate and enlighten the people around us about scammers.
Yes, education expectedly plays a part. However, educate a man who has cardinal greed, and give him all the cash you want he will still be greedy. Isn't that what we find with leaders in Africa (especially my country Nigeria?) These people who fall prey  to scams are mostly not those who aren't educated and enlightened. I've seen graduates who fell for ponzi schemes whose modus operandis were obvious to a simple eye that they were scams. Yet the so called graduates couldn't discern them because they were blinded by greed of what ROI that was dangled before them.
3108  Other / Beginners & Help / Re: Be cautious regarding highly rated apps on: March 21, 2022, 06:57:32 PM
I used to fall into such trap in the past until I started reading about scam accusations on Reputation thread here. The shocking thing is that some of the app companies now pay to get positive reviews. That got me too. I also liked to look at the number of downloads an app got and felt it was a good sign that it was genuine if it got many download. That's not true. It's a hoax. My formula now is to read the worst reviews on an app if I have doubt. That's how I guage it. Nobody pays a reviewer to write them a bad review. So, I sieve through the bad reviews and pick out the genuinely written ones because I know there are certain idiots who mischievously like running others under a bus by writing bad reviews without a genuine assessment. I expect people to evaluate apps through this (my) method. It helps a lot.
3109  Bitcoin / Bitcoin Discussion / Re: Donating With Bitcoin on: March 21, 2022, 05:11:39 PM
~snipped~
we may discover that persons that carried such mentality where either illiterate or had no fore knowledge about bitcoin.
I wouldn't know about the second part but I know for certain those who advanced that line of argument were not illiterate. In their argument they advanced that Bitcoin was money and since it appreciated and rose in price that it's like interest paid on cash kept in the bank and they frowned at it. They maintained that interest shouldn't be paid on cash kept in the bank. I think they called it Islamic or Sharia banking or so, where interest aren't paid. It's a long time but it was an interesting read then for me because I saw different shades of arguments. It's nice to see everyone now getting on the move and embracing Bitcoin.

Well, let's hope a few people misinterpreted it and everything is back to factory setting now.
3110  Other / Meta / Re: About self moderation. on: March 21, 2022, 12:24:06 PM
If posters had the ability to delete threads, most of the historical threads we refer to today, such as the Pizza, Bitcoin and Me and most Bitcoin posts, would have been deleted by the poster prior to leaving the forum. Leaving us with no history
Yeah, I realized that later too. Now I see why it's better that the privilege to delete threads isn't granted to thread openers, except moderators. It saves the forum lots of educational and historical posts and threads that ordinarily would be lost by that action. I acknowledge that sometimes the urge to do away with threads one feels aren't worthy anymore or shitty may come up but like LoyceV said it's best to move them to the archive.
3111  Bitcoin / Bitcoin Discussion / Re: Comparing the previous bear run of Market on: March 21, 2022, 11:02:39 AM
With a quick look, you can clearly see that the bull market (from 2019 to 2022) is not only tiny in comparison to previous one but it appears that it may be incomplete.
I want to agree with you on that. I think price didn't get to its intended crescendo before plummeting in 2021. This is why I believe strongly that the bears will only linger this first quarters of this year and be done away with once the market goes into the second quarters. Bitcoin still has some unexhausted steam that can get it fired up again easily. Going forward, I don't think Bitcoin will ever encounter such brutal fall as it did in 2018 because of a lot of institutional monies that have sunk into its investment now. In 2017/2018, it was more of retail investors. They panicked easily because they were in it for short term gains. Now that we've institutions on a long term investment, it's going to be hard to witness such market dump.
3112  Bitcoin / Bitcoin Discussion / Re: Donating With Bitcoin on: March 21, 2022, 09:32:04 AM
I thought Muslims were against the idea of Bitcoin and cryptocurrencies as they called them ponzi and all sorts of derogatory names. It was a heated argument in 2017/2018 when I newly joined this forum. I couldn't understand what the noise was all about then as some people opined that Muslims were against any project that paid interest, the same way they don't encourage interest banking. Has all that changed now?
3113  Bitcoin / Bitcoin Discussion / Re: Bitcoin bull market on: March 21, 2022, 08:15:29 AM
btc bull market not last long just quick pump to sell with altcoins its a same case.
Let me start here – it's simply because good things don't last. Again, it could be because everyone will be carried away in the euphoria and wouldn't realize how time flew. Generally, and naturally too, man will always expect anything that gives him joy to linger and not end any time soon. Bitcoin started its last bullish move in the last quarters of 2020 but when it ended towards the end of 2021, people still felt it was short-lived.

Right now we are at the BEAR market but even this nobody dont tell you.
But of course, we are in a bear season. I expect a rebound to the upward in the second quarters we're about getting into. April should kick start it.
3114  Economy / Services / Re: [CFNP] BestChange Signature Campaign | Sr Member+ on: March 21, 2022, 06:22:06 AM
@Poker Player, I know we will see you around the forum as always. You're a great ubiquitous poster. Best of luck, comrade.

@Best_Change, I sent you a pm a few days ago. I guess you haven't seen it. Could you check, please.
3115  Other / Beginners & Help / Re: Another Scammer!!! on: March 20, 2022, 08:25:48 PM
With each passing day, whenever I hear or read someone's sob story here of how they got scammed; my position gets fortified. Nothing else entices greedy investors more and weakens their senses of reasoning than outrageous ROI promised. This is the easiest way to get people hooked on whatever scheme one is planning. Without allowing greed get a better part of us, we should be wiser. It's sad that people get scammed because of their unreasonable greed. How on earth will someone promise to return a double of whatever one invested within an 1hr (even in a month, it's still doubtful) and we consider it to be true? That's a horrible way of reasoning to start with for anyone who in their faintest fantasy considers that to be possible.
3116  Economy / Trading Discussion / Re: How do you check the 200 day moving average ? on: March 20, 2022, 06:35:57 PM
It depends on your reference and you shouldn't stick with 200 moving average but that's up to you. Here's a free course about moving average from Babypips: https://www.babypips.com/learn/forex/elementary#moving-averages
In addition to that, OP can also use and plot graphs on Poocoin by using DApp on dex. I do that on Trust Wallet. There are several indicators there, including the various MAs which one can set to whatever parameters one wants. BTW, let me state here that anyone using MAs shouldn't use them in isolation. Try and combine them with other indicators like you would use RSI with others. The few times I used MA, especially on that 200 setting; I used it to find trend and that's on a long term. An upward cross indicates an uptrend while bears are expected when price crosses it downward. Whatever you do OP, don't rely only on MAs. They're lagging indicators.
3117  Bitcoin / Bitcoin Discussion / Re: Ukraine: Zelensky signed the law "On virtual assets" today on: March 19, 2022, 07:14:59 PM
Zelensky is clearly desperate and is doing whatever it takes to not give into Putin's demands which is why this new law doesn't really surprise me.
It's the right way to go if it will curb all the excesses of Vladimir Putin, seeing all the conditions he has given Zelensky. Honestly, I don't know (nobody does; not even Putin) what the outcome of this war will be. I'm sure no one believed it would longer to this day. It's almost a month since the Russia assault of Ukraine started. Well, if Zelensky's legislative move will be what Bitcoin and cryptos need to get strengthened and closer to mass adoption so be it.

With the world economic situation rising inflation. War broke out and the Covid 19 epidemic has greatly affected most countries.
To be honest with you, it's like the world cured itself of COVID 19 since this war started. All interest is now on Russia and Ukraine.
3118  Economy / Trading Discussion / Re: Do you ever JOMO? on: March 19, 2022, 05:20:50 PM
Well if that is so --I have been JOMOed already when I was planning to invest SLP, my friend told me to invest but seeing the graph it was dumped so much but later on it was down and until now I did not yet decide to invest. That is right, it seems that is not a JOMO, it sounds like a fear to invest because you did not sure about the investment.
You're right. What you described in that post isn't JOMO or FOMO. It's FUD – Fear, Uncertainty and Doubt. I checked out the SLP you mentioned. It's not a bad token as such since it has something to do with Axie Infinity and it's a P2E. It's on Binance and many others. However, I'm doubtful if I could buy a token like that because it has an infinite supply. I need to know the maximum supply cap of any crypto I'm investing in before putting my hard earned cash on it. Otherwise I don't buy.

We need to find a new term for that as well.
I think there's a universal name for it called "Regret"
3119  Economy / Trading Discussion / Re: New trading platform - IXFI on: March 19, 2022, 12:44:50 PM
What you think?
I think that it's not enough to be asking if anyone had heard of that platform. You should go beyond that and ask if anyone had a first hand experience with that platform. That's the sure way for you to find out if it's a fake site or not; and if real, what's its customer services like too. Going forward, I think newbies should know that the fewer exchanges they stick to the better for them. Nobody gets an award or acknowledgement for the most accounts opened or owned. So, it doesn't make any sense to have so many accounts and your funds littered everywhere. For me, I prefer what I'm sure of to what is shrouded in risk no matter how tempting the offer is.
3120  Bitcoin / Bitcoin Discussion / Re: What Happens to One's Bitcoin if Death Occurs? on: March 19, 2022, 12:11:42 PM
Financial Analyst has advised the following:
Who are these analysts, please? It will be good to know them so we can research and find out their pedigree. We should be able to find out if it isn't just another fallacy of argumentum ad verecundiam.

Quote
1) Let at least one trusted individual know your password.
Confiding your password to someone is like a man sharing his properties to his children while still alive. It's not a nice practice. Keep your properties in your will and let that be made known to the children at your demise. I've read stories of children misbehaving once they knew they're bequeathed certain properties while their parents are still alive. The attitude changes overnight, in most cases. It's the same way I see this password issue being confided in someone. The best would be to write it down somewhere that can lead someone else to it in case of the inevitability of death.
Pages: « 1 ... 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 [156] 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 ... 409 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!