While there is something called ordinary incompetence that results in a lot of bad things, there is also a conscious intention to keep people as poorly educated as possible - because they are much easier to govern than those who are educated.
Very apt, this is the reality in many developing countries. And those citizens who are truly determined or gifted or fortunate enough to achieve academic excellence usually seeks a more convenient working environment in more developed countries. So the best of the population migrate out and the cycle of illiteracy and unemployment continues. If we were to put things in a global context, then we could conclude that it is in the great interest of some for others to be less educated, as they are usually used as cheap imported labor.
The most noticable interest are those highly educated labor force in my opinion. Individuals who emigrate to be used for cheap labor usually would have gotten far lesser pay in their home country, so to then they are being exploited less. |
|
|
|
I think it's possibly we might not even get a peak this year.
What exactly is a peak Price, Bitcoin has set and broke several ATHs this cycle, the most recent which is $60k+. That is far higher than the price targets most had for this cycle. Could be in for a very long sustained bull market?A presumed stall in the flow of institutional money into Bitcoin is not enough indicator to predict that we have a more mature market now or that we would experience a much longer bull run. We are entering spaces of uncertainty, where Bitcoin users would not be able to judge current market action using previous events. |
|
|
|
Yes, very true except a TYPE 1 FLAG isn't necessarily for a SCAM accusation. These are trust flags which are not necessarily SCAM flags Type 1 flag IS actually a scam accusation as can be indicated from the warning message; The difference between it and other flag types is that it's for violations not directly related to the user who created them and the banner is only viable to newbies and guests, although other members would see a '#' besides the users trust score rating. |
|
|
|
|
If I'm to put the images into perspectives and arrange then in order of how much space they take;
Censorship resistant e-gold
Cheap payment network
E-cash proof of concept
Anonymous darknet currency
Reserve currency for crypto
Programmable shared database
Uncorrelated financial assets
I usually do not like the comparison of Bitcoin to gold, maybe 'censorship resistant digital currency', but the reason it took such a large chunk of space would be the key factor of resistant to control.
I would have expected cheaper payment network to be a bit thinner as it has been a recurring issue for a while now, especially involving smaller transaction amounts; but in a couple of years it would likely grow some more
The narrative that Bitcoin is used majorly on the darkweb is not as popular anymore and should fizzle out in a couple of years
The other factors could be easily interchangeable imo. With more time maybe one or two would stand out.
|
|
|
|
"You just sold your precious bitcoins cheap to institutional investors, Shame"  In truth, taking profits after a while (to at least recover your capital invested is a healthy move and puts you more at ease with the remainder of your stash. I sell bitcoins from time to time as the need arises an maybe sometimes for personal gratification as well. About the "Hodl at all cost" mindset; no technology or venture should be trusted without reservations, always consider the pros and cons of holding and act accordingly. The important point is your still invested in it and plan on buying more if a lower price presents itself. |
|
|
|
People seem to think that either an indicator is a sure thing or it's worthless, which is a very silly argument.
It's a public forum, you put your opinion on where you think the price is going and other members can disprove or support that, based on their own perspective, that in itself is not a silly argument. which is why I'm looking for at least 80% of them indicating a top, before I am confident that it's not a big mistake to take some profits.
That's your perspective on the market and it's perfectly fine if you intend on taking profits based of your criteria. After the bull run we've had, hardly anyone would be making a mistake taking out some profits now, if you always look to higher prices then you probably would never sell, I personally prefer believe in the technology to be the reason for long term investment and not simply hope for more profits. |
|
|
|
we can apply an easier solution? Which is admin to make notifications such as not to put bitcointalk link, archive it first.
This would be quite problematic; Archived pages means viewers are only seeing discussions before a particular date and on only a single page, further deliberations on the topic would not be visible from the linked thread as it would be difficult to either support or oppose a flag. The user being accused and the one accusing should not have any level of moderation on flag linked topics, reason why self moderated threads are not allowed. |
|
|
|
I just can't wrap my head around "the utility IS as a store of value", it does not make sense to me. At least before when people would ask "why does it have value", my answer was always, its super easy to transfer to anyone in the world, no middle man, nobody can stop you, its relatively fast (10-15 min), and FINALLY it has a limited supply, no central bank can print it.
Bitcoin can serve different purposes for different people and these people view its utility from different perspectives; Some are in because of the resistance to inflation, for others it's the 'borderlessness' of transactions, and for some others the immutability and decentralization of the network. All of these are correct and accurate and the believe of one person in one does not invalidate the other. The only hope of BTC is that the lightning network actually works, but I have my doubts. Lightening Network would sure make daily transactions easier and cheaper for merchants, but the future of Bitcoin is not hinged on its success, there are lots of improvement propositions aimed at improving scalability and in the future a couple more would be proposed. |
|
|
|
I have a theory that:
All companies that have bought Bitcoin will sell it at some point, and this point will mostly be this year.
It's just your theory, but there is no way to get the actual time an investor would sell. It gets a bit more tricky when it's a public company with numerous investors. Can we consider the average bitcoin price that some companies bought bitcoin as an indicator for our next bottom or ATH bottom, assuming that those companies will try to sell before they achieve losses?
If we are to consider your hypothesis; companies would sell of their stash before they get into the red zone, well if this happened then thier buy in price would not be the bottom, cause such a massive sell could have psychological effect on the market and cause further price drops.
Imo, there's no point trying to game the strategies of public companies, their percentage share in the market is still quite low, this reduces their level of influence over price movements. |
|
|
|
This post would be more appropriate in web wallets board, and if you use the type of language you just used, then it's little surprise you have not yet gotten a reply back from their support team. Your best shot would be establishing communication with their service team and asking for a solution. Any other sites that are better, and has a customer support that actually works? There are lots of other alternatives for trading cryptocurrency; Binance is a popular option and their support team works good afaik, there are also P2P platforms like bisq and hodlhodl. |
|
|
|
1x Sr. Member spot opened on MyCryptoMixer campaign; Thank you all for yet another great week, keep it up!
We have 1x Sr. Member position open, apply now!
|
|
|
|
Uggghhh... SO do you think I would have any chance with Daves wallet recovery service that I read about on another post here?
I believe you're referring to this service - https://bitcointalk.org/index.php?topic=239665.0There's not much to go on to ascertain if it's a legitimate service, the user has some positive feedbacks, but also bump replies from newbie accounts which could be easily faked and poses a huge red flag. Also, a recovery process would depend on how much information you have about the wallet. If it's recoverable, you could give some details here and the community would direct you on how to go about it, that's much safer than messaging a private individual. |
|
|
|
1-The user pick an specific date W, or the site select by itself an date W.
2-At date W the site will show the value of day W bitcoin in day W dollars.
3-At other days, lets say day N, the site will show the value of (day N) bitcoin not in day N dollars, but in day W dollars.
So basically, you are searching for a site that would compare the value of Bitcoin to a fixed dollar amount from a specific starting point; so if Bitcoin was $1000 on the 1st of March, when checking its value few months later, we should compare it with the exact value of dollar at the time (1st March), so as to get the actual value change in Bitcoin overtime. I do not know of any site that does this, probably cause the fluctuations of the dollar is minute when compared to Bitcoin and also one would need to have a specific time focus requiring the site to compute lots of information. But, you can manually draw up a chart by considering changes in inflation rate, purchasing power of a particular currency and compare that with the current value of Bitcoin. |
|
|
|
|
I would like to suggest a change for the description on the regular poll; about holding at least one coin besides top10, coins to invest in is mostly about preference. A lot of veteran users in the cryptocurrency space are all into Bitcoin as they believe it's the most ideal currency.
I would say I'm an enthusiast as I vsist the forum and read on topics everyday.
|
|
|
|
I cant see any info about the wallet in the Blockhain.com Explorer either.
Do you have the wallet address? Blockchain explorers only recognize details linked to the blockchain like public addresses or transaction ids, a wallet identifier for a particular service would not be recognized. Is this wallet locked somehow?
You would need to contact their support service for assistance. I believe blockchain.info changed to blockchain.com some years back, so you'll need to verify you're on the active site before making your inquiry. I should add that you do not need to reveal sensitive details about your account online, except it is absolutely necessary and does not risk your funds or privacy. |
|
|
|
|
You are one of the most dedicated and hard-working members on the forum who takes out their time and effort to help other members wherever they can and it's no surprise you've gotten this number of merits within the short space of time as it is only a reflection of what you put into the forum. You are a very valuable member to the general forum and also to the Nigerian community.
Potential legendary member in about a year is very impressive, and who knows if theymos does implement a new rank for users above 1000 merits, you could be in line for that.
|
|
|
|
I doxed myself to get my account back. It's incredible that I have to go through this...
You do not really have to go through this (there is no part of the recovery process that requires doxxing yourself), you've already submitted your details to the recovery team so you just have to wait to see if the team would request any further information. Use some common sense, interview me on bitcoin mining or the history of my account. I have the same username on multiple websites for 9+ years (sent proof),
No one has the time to interview all cases of hacked users personally by going through their post history, or checking usernames on multiple platforms. |
|
|
|
So you should always check the url before entering the account information on any website,
Alternatively, users can keep sensitive websites permanently bookmarked on their browsers, so they do not have to type out the domain name every time they want to log in to their accounts. 2FA can also help to protect accounts in case of breach. This type of scam/hack attempts are quite popular and users of target platforms should take steps to protect themselves. |
|
|
|
|
Replies and threads could be considered low quality for the following reasons:
Off topic; this means it is not relevant in the board it was posted on, like posting gambling topics in reputation board,
Hackneyed topics; such topics have been discussed excessively in the past, or such replies already exists on that particular thread,
Poor grammar; Communication is key and a post does not need to have perfect grammar, it only has to be understandable by majority of the readers,
Offers nothing to the discussion; replies like ''good project'', "nice job" etc offer little or nothing to discussions.
|
|
|
|
|
Show Posts
