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May 24, 2024, 01:04:22 AM *
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321  Bitcoin / Bitcoin Discussion / Re: Can't do something else offline, is this something wrong? on: May 05, 2023, 10:52:35 PM
Pursuing a career or business that aligns with our interests and passions can be incredibly fulfilling and satisfying. It's important to prioritize what matters most to us and not let others dictate our choices.

We should strive to create a life that brings us joy and fulfillment, whether that's through our work or our hobbies. The ideal job is one that we enjoy doing and that also provides us with financial stability and security. It's up to each individual to determine what that looks like for them and to not let others' opinions or expectations steer them away from their passions.
322  Other / Beginners & Help / Re: tips for profitable investment in bitcoin on: May 05, 2023, 10:27:07 PM
These two tips will probably help for newbies
- Seek professional advice. If you are new to Bitcoin or investing in general, it may be helpful to seek advice from a financial advisor or investment professional who can help you make informed decisions based on your individual financial situation and goals.
- Set realistic expectations. Bitcoin can be a highly profitable asset, but it is important to set realistic expectations about returns on investment.
323  Economy / Economics / Re: Which do you prefer on: April 30, 2023, 06:57:07 PM
I'll choose both. Because relying on a single stream of income can be risky, especially in uncertain economic times, It's important to diversify one's sources of income and consider multiple streams of revenue, whether through a side business or other investment opportunities. Above all, a trader must know how to manage their time and prioritize tasks effectively, especially when balancing a full-time job and trading. It's important to have clear goals and to avoid overextending oneself or taking on excessive risk.
324  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving only 1 year away on: April 30, 2023, 06:45:28 PM
A useful reminder when investing in BTC is to exercise caution and good judgment. While history may suggest that halvings can lead to bull runs and new ATHs, it's important to remember that past performance is not a guarantee of future results. One more thing is taking on debt or risking your basic needs to invest in BTC is not advisable. Instead, learn how to DCA your investment to reduce risk and volatility. In summary, while it's understandable to be excited about the potential for BTC, it's important to approach investing with caution, patience, and a long-term perspective.
325  Bitcoin / Bitcoin Discussion / Re: Why gambling and mixing called bad actors in bitcoin on: April 30, 2023, 06:35:47 PM
Both Bitcoin mixing and online gambling using Bitcoin are popular and widely used within the Bitcoin ecosystem. Some people may see Bitcoin gambling as a form of entertainment and a good use case for the cryptocurrency as a currency, while others may view it more critically due to concerns around the potential for illicit activities. However, putting these two things aside, let's look at bitcoin in a positive light, such as charitable donations and other good causes, and it's important to recognize that there are different perspectives on the use of bitcoin for gambling, mixing, and other activities.
326  Bitcoin / Bitcoin Discussion / Re: How useful is Bitcoin to the youth? on: April 30, 2023, 06:26:25 PM
I think the benefits of Bitcoin can be felt by people of all ages. While some young people may be more curious and open to exploring new technologies, not all young people may have the same level of interest or curiosity in Bitcoin. It's important to provide guidance and education to all individuals who are interested in exploring the world of Bitcoin, regardless of their age. That's a good direction for those interested in bitcoin.
327  Alternate cryptocurrencies / Speculation (Altcoins) / Re: FTT comeback on: April 29, 2023, 06:37:16 PM
As far as I know, it hasn't been announced yet whether FTX will continue to use FTT as its native token or launch a new token. However, given that FTT has already established a significant following and liquidity, it seems likely that FTX would want to continue using it.

As for whether it's worth investing in FTT now, honestly don't take the risk to invest in FTX. While the news of FTX's comeback is certainly positive, but the negative effects from the project in the past is a stain that cannot be erased. That makes it difficult for FTX to thrive as the empire they once built.
328  Bitcoin / Bitcoin Discussion / Re: Take good care of yourselves on: April 29, 2023, 06:27:07 PM
It's definitely true that life is short, and we should enjoy the fruits of our labor while we can. While it's important to plan for the future and work towards our goals, it's also important to maintain a balance and not sacrifice our well-being in pursuit of wealth. Money and assets are just one part of life, and our health, relationships, and personal fulfillment are also important. So it's important to prioritize self-care and enjoy the present moment while also planning for the future.
329  Bitcoin / Bitcoin Discussion / Re: I may sound really stupid right now, but it's what I noticed on: April 29, 2023, 06:24:06 PM
In the crypto market, it's likely that some bad news, such as regulatory crackdowns or negative public sentiment, can contribute to downward price movements and the onset of bear markets. Conversely, positive news, such as adoption by major institutions or favorable regulatory developments, can contribute to upward price movements and bull markets. While it can be tempting to get caught up in the hype and fear of the market, it's important to remain level-headed and make informed decisions based on your own goals.
330  Bitcoin / Bitcoin Discussion / Re: Where is your stand as a Bitcoin holder. on: April 29, 2023, 06:18:31 PM
Surely no one here wants to publicize the amount of bitcoin they own. A forum, an article, or a sensitive question, so most want to keep their information private. Over the years, the number of members on the forum has increased, which is both good and bad. Because in this cyberspace, it is very difficult to control everything; nothing is safe, and you cannot know that you are subject to hacker attack just by the message you write.
331  Bitcoin / Bitcoin Discussion / Re: The America and the Crypto - Getting on wrong foot on: April 28, 2023, 06:32:06 PM
Some politicians and business leaders have embraced the potential of cryptocurrencies, particularly in terms of their ability to facilitate fast and secure cross-border transactions and promote financial inclusion. Additionally, some American companies have invested heavily in cryptocurrencies, including Tesla's purchase of $1.5 billion in Bitcoin and Square's acquisition of $50 million worth of Bitcoin. 

Overall, the relationship between America and the cryptocurrency industry has been complex, with a mix of support and skepticism from various government officials and regulatory bodies. So, it remains to be seen how the government will ultimately regulate and approach the use of cryptocurrencies in the future.
332  Bitcoin / Bitcoin Discussion / Re: Investment in bitcoin on: April 28, 2023, 06:24:38 PM
Bitcoin and other cryptocurrencies have become increasingly popular in recent years, and they have certainly served as an entry point for many people to start investing. However, it's important to remember that there are many other options for investing and building financial stability, such as stocks, bonds, mutual funds, and real estate.

Regardless of the investment avenue chosen, investing is a critical part of achieving financial stability and building long-term wealth. It's important to start early, stay informed, and make informed decisions that align with your personal financial goals and risk tolerance. By doing so, you can increase your chances of achieving financial security and independence over time.
333  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Chinese coins pump coming? on: April 28, 2023, 06:20:03 PM
I find that the lifting of the ban on crypto in Hong Kong may lead to increased adoption and investment in cryptocurrencies, which could potentially benefit a range of cryptocurrencies, including Filecoin (FIL), VeChain (VET), Neo (NEO), and Conflux (CFX). However, it should be noted that investing in any cryptocurrency is risky, and individual investors should carefully evaluate their investment goals and risk tolerance before making any investment decisions. Especially during these times.
334  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi coin on: April 28, 2023, 06:10:02 PM
I see them emphasize that they can overcome the problems of the cryptocurrency market, such as difficult mining, energy consumption, risky investment and many people missed the revolution of the former cryptocurrency network. However, Pi does not disclose the core technology or hide the source code. This goes against blockchain, every crypto project must follow the principle of transparency. Even Bitcoin, ETH must publicize the source code to show decentralization, but Pi does not.
335  Economy / Economics / Re: First Republic Bank fall: fear of more others to follow. on: April 27, 2023, 05:54:42 PM
While it is true that banks being able to pay out all deposits is important for the stability of the financial system, it is not necessarily a guarantee of the absence of problems. Banks can face difficulties due to a variety of factors such as loan defaults, market volatility, and changes in regulatory requirements.

Regarding interest rate hikes, while they can have an impact on inflation and the economy, their effects can be complex and unpredictable. It is also worth noting that the decision to raise interest rates is typically made by central banks, not individual banks. The goal of central banks in raising interest rates is typically to manage inflation and ensure economic stability, rather than to drive the financial sector into stagnation.
336  Bitcoin / Bitcoin Discussion / Re: PayPal Vs Bitcoin: Who is the Big Guy? on: April 27, 2023, 05:47:00 PM
PayPal and Bitcoin are two different payment systems with different features and use cases. PayPal is a centralized payment system. Bitcoin, on the other hand, is a decentralized digital currency. In terms of market cap, Bitcoin is currently the bigger player, with a market capitalization of over $1 trillion as of April 2023. PayPal's market cap is around $300 billion. However, this comparison is not entirely accurate because, as mention above, Bitcoin is a cryptocurrency while PayPal is a payment processor. The choice between using PayPal or Bitcoin depends on the specific use case. PayPal is more widely accepted and easier to use for online transactions, while Bitcoin offers more privacy and security for those who value those features.
337  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How is the chance of $PEPE to become the next $SHIB? on: April 27, 2023, 05:22:18 PM
Memecoins like PEPE are becoming a trend in the crypto community. However, investing in these currencies is very risky and not recommended. They often don't have a good technical background, don't have a product or service behind them, and only rely on the popularity of the community to determine their pricing.

Regarding PEPE, I cannot make a prediction on whether it will continue to increase in price, but I want to emphasize that investing in memecoins is very risky and not a long-term investment option.
338  Bitcoin / Bitcoin Discussion / Re: What if Satoshi is eventually ID by the government on: April 23, 2023, 05:27:11 PM
In terms of the identification of Satoshi, it is unclear whether this would pose a threat to the existence of Bitcoin. Satoshi has not been involved in the development of Bitcoin since 2010 and has left the project in the hands of the community. Therefore, it is unlikely that the identification of Satoshi would have a significant impact on the functioning of the Bitcoin network. In summary, while it is true that the decentralized nature of Bitcoin makes it difficult for governments to shut it down, it is not impossible to trace illegal activity on the blockchain. 
339  Bitcoin / Bitcoin Discussion / Re: Which one is important? Knowledge or Experience? Or both in Bitcoin Learning! on: April 23, 2023, 05:21:30 PM
Both knowledge and experience are important in learning Bitcoin. Knowledge about Bitcoin's technology, history, and market trends can help you understand the underlying principles of this cryptocurrency and make informed decisions about buying, selling, or investing in it. However, experience is also essential to learning about Bitcoin, as it allows you to put your knowledge into practice, learn from mistakes, and gain a deeper understanding of how the market works.

In short, while knowledge provides a solid foundation for understanding Bitcoin, experience allows you to apply that knowledge in real-world scenarios, which can help you develop a more nuanced understanding of this complex and rapidly evolving cryptocurrency.
340  Economy / Economics / Re: Why FedNow seems like a bad idea on: April 23, 2023, 05:15:00 PM
You raise some valid concerns about the potential drawbacks of central bank digital currencies (CBDC). Privacy is certainly a major issue that needs to be addressed if CBDC is to be adopted on a large scale. It's important to ensure that the technology used to create CBDC is secure and that users' transactions and personal information are protected from unauthorized access or misuse.

In addition, CBDC could potentially give too much power to banking monopolies, which could be harmful to competition and consumer choice. It's important to ensure that CBDC is designed in a way that promotes fair and open access for all, regardless of their financial situation.
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