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3781  Economy / Speculation / Re: Bitcoin & US stock markets on: May 20, 2022, 01:19:32 PM
Heads up: you can use tools like TradingView to check correlations.

And yea, there's a good amount of correlation as bitcoin has been trading like a tech stock; the only difference that bitcoin has more sort of 'violent' movements. Hence why I'm personally not buying much until the NASDAQ stops crapping itself.

https://www.tradingview.com/chart/TpE1GrGY/?symbol=BITSTAMP%3ABTCUSD

3782  Bitcoin / Bitcoin Discussion / Re: 40 high schools in Argentina to launch bitcoin in their curriculum. on: May 20, 2022, 01:02:15 PM
Yeah, I always said that economics and finances should be mandatory from an earlier age in schools. Teaching people about bitcoin and cryptocurrencies committing personal finances and the risks of investing will only do half of the job. Of course, we; 're in the dark here and we don't know what they are teaching them exactly about BTC and what aspect will be favored in this but I do wish it will focus on the things bitcoin fixes and the importance in personal security and it will leave anything related to price out of it.

Yea we definitely lack info, but I sure damn hope they make very clear the risks of buying cryptocurrencies. The last thing they'd want is their students gambling with random cryptocurrencies. This is one of those things that if done wrong, could do far more damage than good.
3783  Bitcoin / Bitcoin Discussion / Re: 40 high schools in Argentina to launch bitcoin in their curriculum. on: May 20, 2022, 08:28:42 AM
To be honest I'd rather prefer if schools had a subject of investing and finance by default, rather than Bitcoin specifically. Explain to the students how to save money and what investment instruments are available, then just let them decide themselves what they should invest in and what the allocations are.
3784  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crypto crash (LUNA/UST) on: May 20, 2022, 03:15:51 AM
LUNA is already down like 99%+ mate, what more do you want? But yea, deserves to be literally zero. Do Kwon's literally being bombarded by allegations and court cases right now due to a lot of retail(and institutional lmao) investors getting burned.
3785  Bitcoin / Bitcoin Discussion / Re: Beginner-bitcoin smarter on: May 20, 2022, 03:04:56 AM
They way they do their SEO alone looks like they're super amateur, or they're trying to lure newbies. I'm guessing both.



Rule of thumb: always use reputable platforms with anything concerning money. You literally have nothing to win and everything to lose when trying out the more 'unknown' exchanges.
3786  Other / Beginners & Help / Re: Correcting newbie's can be done in a nicer way using a polite approach on: May 20, 2022, 02:38:18 AM
I'm definitely not for being unnecessarily rude (but I'm guilty of this as I'm sick of those 'advice threads' from newbies who are obviously only trying to gain merits), but if you're expecting to be treated well every single time especially knowing that most of us here are anonymous, then you're bound to be disappointed.

Huge difference between an innocent newbie that's trying to learn, vs a not-so-new newbie that's trying to spam his/her way into getting merits.
3787  Other / Beginners & Help / Re: Phones on mobile wallet becoming riskier on: May 19, 2022, 04:51:44 PM
Right, I have it for android phone at the moment. The custom ROM option will allow us to hide any apps we use including the wallet because when we switch to multiuser the phone will only show the default apps. This method may be useful if bitcoin users are comfortable enough using a mobile wallet to make transactions. Security depends on the personal of the user, there are many options but there are risks.

While this is an option, you don't even need to install a custom ROM to have those app hiding features. Nova Launcher, the best customization launcher back then has this hide app feature whereas you can only see the hidden apps when searched; and I'm pretty sure numerous other launchers also has this feature. Not the very best solution, but at least your bitcoin wallet isn't in the spotlight.

Also, always use your mobile wallet as a hot wallet. Probably only with a maximum of $200 worth of crypto or so. It's sucks to lose $200, but at least its only a minority of your stack.
3788  Other / Beginners & Help / Re: give me advice on how to choose a good exchange platform on: May 19, 2022, 03:17:08 PM
If you're fine with AML/KYC: Binance[1]

If you don't want to submit AML/KYC: LocalCryptos[2], HodlHodl[3]   <-- make sure to only trade with people that have good reputation


[1] https://binance.com/
[2] https://localcryptos.com/
[3] https://hodlhodl.com/
3789  Economy / Economics / Re: Cooperative investing between small investors on: May 19, 2022, 10:39:17 AM
I don't think so. Because purely doing it online — how do you know that a certain person wouldn't just rip you off? Fraud would be really really rampant.

If you really want to do something like this, pool money with friends or at least with people you actually know personally.
3790  Alternate cryptocurrencies / Altcoin Discussion / Re: Monetization on: May 19, 2022, 06:32:15 AM
1. Post actively on social media (facebook, Twitter)
2. Write blog posts with proper SEO (search engine optimization)
3. Actually make your product GREAT, as to organically gain active users, and to gain free advertising through word of mouth

Also, move this topic to the Service Discussion[1] section as this is more fitting there. The move button is on the bottom of this page.




[1] https://bitcointalk.org/index.php?board=85.0
3791  Economy / Economics / Re: Where to invest everything looking bearish on: May 19, 2022, 03:09:06 AM
If you actually want to 'profit' from investing, you should be happy with drawdowns. More money could potentially be made when prices are dropping, rather than you buying tops/peaks. But of course, it will totally depend on what the asset you will invest in.

But based on your post, it seems like what you're looking for is quick profit. If you're not willing to wait years and years, then it's not "investing".

EDIT: it's funny how you've been creating threads like "The truth about economy" in the past and now you're here asking on what assets to invest in for profit LOL.
3792  Other / Meta / Re: How do you feel when someone gives you MERIT? on: May 18, 2022, 06:33:12 PM
What's merit?

*ehem* *ehem*

Merits is something you receive if you're an expert in crybto and bitcorn and you participating and contributing to the lives of every single hooman in the entire world with your knawledge. I newbie, but I understand merits and you should always contribute to hab merits to help forum.

*insert generic over-used inspirational quote here*

Now gib merits.
3793  Economy / Economics / Re: The end of the Pay to Play hype? on: May 18, 2022, 06:01:57 PM
99% of the P2E project was some classic model game that can be played by anyone. The actual game is very easy to play which makes those attractive for that player who will only play for money but at the same time team made them hard for free players by giving extra power to the paid player by adding the so-called NFT or items to the game. It's for sure those developers just want to make more money like a ponzi scam where only a few people win.

The initial Axie Infinity game model was dumb as hell and could literally be played by our grandparents and they would still earn tokens. After a while, they did update the game whereas only players with a minimum MMR ranking could earn tokens (which can actually be pretty tough to play, as I've played it myself). It was a needed update, but it was too late — the death spiral was already ongoing as there was too much heavy over-supply of the earned tokens.
3794  Bitcoin / Bitcoin Discussion / Re: Do you own 1 Bitcoin? (2022 edition) on: May 18, 2022, 05:50:47 PM
So the authorities finally breached Bitcointalk huh? Freakin IRS and their taxes mate. Leave me alone smh. /s

Seriously though — though I know BTC's price was cheaper back then, I'm pretty surprised the past results was 50-50. (assuming everyone was honest)

3795  Other / Beginners & Help / Re: What are some expectations for a newbie aspiring to learn, earn and impact? on: May 18, 2022, 05:42:17 PM
You are rewarded by the Bitcointalk because of your knowledge and contributions. Asking how to receive merits without knowing much about bitcoin and cryptocurrencies is like asking how to be a nurse without knowing anything about health.
3796  Bitcoin / Bitcoin Discussion / Re: BITCOIN AS A LEGAL TENDER on: May 18, 2022, 11:08:34 AM
Seeing it's getting close to it's mining 21million limit

1. You can buy fractions (decimals) of a bitcoin
2. Purchasing of bitcoin will always be available in the market. Not 100% of the bitcoin holders are solely holding, a good chunk will always be for sale on exchanges
3. The 21 million limit will be reached (not exactly 21m but yea) likely sometime around year 2140, so we're really not that 'close'
3797  Economy / Economics / Re: The end of the Pay to Play hype? on: May 18, 2022, 09:40:43 AM
So the whole plan would have to be put starting completely the opposite way, first get a really good game that people enjoy then try to monetize the game, not advertise it as a money-making machine and then think about the mechanics of the game.
Precisely. The original "P2E" games in the past worked because it was fun first, with (optional) earning second. Advertising a game as P2E is just going to get the attention of the wrong people. Tbh, they should just advertise as a game with "free trade" or something not straight-to-the-point.

While in theory, I would agree with this approach, you might have another problem down the road
Nearly 70% of gamers hate NFTs, or the Ubisoft fiasco.
Yea that's another topic lmao.
3798  Economy / Economics / Re: The end of the Pay to Play hype? on: May 18, 2022, 06:47:43 AM
It can really still work — assuming an actual competitive game studio manages to create a game that's actually fun to play. There just needs to be a decent balance between players who play for fun, and 'players' who just 'play' solely to farm the game. Current existing "P2E" games fail because only like 1% play for fun while 99% just farm the game to death.

But then again, are gaming studios even incentivized to have free trade in their game (regardless if using tokens or not)? Mostly not. There's more money in making the game items/skins untradable (e.g. Valorant, Fortnite, etc).
3799  Bitcoin / Bitcoin Discussion / Re: It's all about HODLing on: May 18, 2022, 06:41:12 AM
Truth be told, hodling crypto currency is more about holding than anything else.

I mean.. that's why it's called hodling in the first place..  Lips sealed

What's next? Swimming is about swimming?
3800  Other / Meta / Re: How do you feel when someone gives you MERIT? on: May 18, 2022, 05:49:47 AM
oh so it turns out. there was a slight change in mood when receiving merits at different ranks. when it is legendary then it is not a big thing anymore.

If the main goal (as with a huge majority of users) is to rank up to be able to potentially get higher payrates on signature campaigns, then of course merits are going to be very important.

To be honest I don't really know what answers you're expecting as the answers are going to be pretty obvious lol.
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