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381  Alternate cryptocurrencies / Altcoin Discussion / Re: Any new PoW coins on the market? on: September 29, 2023, 11:00:16 PM
Kaspa is what I am seeing that's commonly suggested by other altcoin miners. The other one that I am seeing is ravencoin which has the algorithm of KAWPOW.

That's the two that are I am seeing and being mined by many miners these days. About the profitability, I don't know but if they're mining it and they think that it has got a bright future.

Prolly, on the next bull run they're all just covering all the mining expense and stacking the coins they mine for now.

The good-old Ravencoin is still "kicking" after all these years. I like the fact that the project constantly changes its PoW algorithm to remain ASIC-resistant. Sort of how Monero and Vertcoin are doing today. This enables higher decentralization, as nearly everyone has access to either a CPU or GPU. In countries where crypto is illegal, obtaining and running an ASIC mining hardware could be quite challenging. Coins like the ones mentioned before would allow people from such countries to mine "under the radar".

Either way, expect PoS coins to become the majority due to false propaganda from mainstream governments. I wouldn't worry about this as long as decentralization wins in the long run. Smiley
Yes, we're all for that as what crypto is started and that's for the decentralization.

With all of these propagandas and consensus that's being shown to the public, there's also one belief that everything should be PoS.

But little did these people know that this is what's going to kill decentralization and they gonna make these rich richer if they're pushing for it.
382  Alternate cryptocurrencies / Altcoin Discussion / Re: Are trading bots worth using in the cryptocurrency trading? on: September 29, 2023, 09:43:10 PM
The worth of trading bot are dependent on what type of trader you are. Actually I mean for using trading bot first of all you have must know the trading analysis. Otherwise it can be cause for more losses. If you have very little knowledge about trading then trading is very risky for you and if you are completely new then I would say trading bot is not useful for you. However, experts are making their work easier by using trading bots.  So it totally depends on you whether using trading board is worth full
There's a misconception with trading bots.

It will make our trading easier but it doesn't mean that profiting is easier as well. Like what you have said, results will still vary based on how we analyze.

Not just by having bots will give greater result but it's still us on how we proceed and make decisions while we trade. It is there to make our trades quicker and easier but profits will still depend on how you do it.
383  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 29, 2023, 08:35:48 PM
Yes, I admit that and I also feel that the desire to sell is very high, like today's pump, which has a price of up to $27,300, but I think there are also those who do it and it's a momentary pleasure.
If you are happy to sell at these times with the current price, you're free to do it and just buy back when it dips.

So you pull out a bit of profit from that sale and then you keep it while leaving the amount that you'll use again for buying back. With that manner, you'll still not gonna be left behind.

But, if you think that it's just good to hold then we are on the same page.
384  Bitcoin / Bitcoin Discussion / Re: Cashing Out Thousands of Bitcoin on: September 28, 2023, 11:15:04 PM
You want to sell it and it's like you've got few options to do that. Although you can also check P2P for it, so that means like canvassing all potential markets and methods.
Nah, there is not enough liquidity when it comes to p2p platforms.
Yeah, but maybe for a couple of grand can fill that up.

you can also check P2P for it, so that means like canvassing all potential markets and methods.

What is P2P? I keep hearing this. I could do a Google search, but I'm lazy right now.
You trade with other users on a platform like in Binance P2P.

If I own that much, I'd probably register to as many exchanges as I can just to cash them out. But I'll do it with small amounts until I ran out of it if that's the plan to sell all of it.

But first, look if there's an OTC market where you can go. It's for sure going to ask you some important matters and will certainly ask for KYC. But do you have the choice?

You want to sell it and it's like you've got few options to do that. Although you can also check P2P for it, so that means like canvassing all potential markets and methods.

To avoid alert from the bank, don't do like a million a day or learn how much your bank allows not to flag you with your transactions.
There's no way that you could really be able to do bulks cashout when it comes to this knowing that there would really be tons will really be trying out to get a hold of you specially on verification and with some taxing issue
on which we know that they would really be that eager on trying out to get some big slice with the money you do have. Tending to go beyond with those maximum limits on which your bank account could hold?
Expect that  bank would really be calling you out on this regard or even just simply transferring those 5k coins on an exchange would definitely be raising up with those concerns. So the best thing to be done
in correlated to this is to cash out on  gradual manner and it would not really be creating that kind of problem but of course it might take for sometime but actually i could really be able to handle out such hassle
as long i do keep on cashing it out. How i wish that i do have this kind of problem,eh?  Grin
We're all wanting to have this kind of problem. LOL

But you're right about that the bank will certain take notice of it when you do that often times. The right strategy is to do it gradually just as you've said.

I wonder how many from the forum members did really experienced this kind of a not so problematic - problem.
385  Economy / Economics / Re: Population: Economic strength or weakness on: September 28, 2023, 09:38:13 PM
And this is a problem in Japan now.

Despite that they're a super country and one of the most advanced and high GDP globally, they're suffering this problem. Japanese people, most of them don't want to marry.

They just wanna get stuck into their jobs until they get old and no plans of getting married. AFAIK, it's the same in South Korea as well while the issue there is people find it expensive to raise kids.

This can be because of the environmental conditions in there. I have heard that someplace on the earth people don't have much desire for sexual activity. There can be other reasons as well like for the Japanese.
The desire for intimacy is gone because of their work ethics and that's affecting most people there and that's why they're seeing the problem to keep on rising if nothing has happened to solve it.

The cost for marriage and raising kids is expensive due to their economic stagnation. Also they have a culture of working equality for men and women and for the baby care part, most of the burden goes to women only. So many women want to avoid marriage as they think there will be too much pressure on them.
I don't know about that part that burden only goes to the women. Although we're living in a society, it's a shared responsibility for both married couples.

But I don't know about much of their culture in terms of being in a family and how it goes but with that problem that many of them don't want to raise a child is also alarming.
386  Alternate cryptocurrencies / Altcoin Discussion / Re: Any new PoW coins on the market? on: September 28, 2023, 08:24:12 PM
Kaspa is what I am seeing that's commonly suggested by other altcoin miners. The other one that I am seeing is ravencoin which has the algorithm of KAWPOW.

That's the two that are I am seeing and being mined by many miners these days. About the profitability, I don't know but if they're mining it and they think that it has got a bright future.

Prolly, on the next bull run they're all just covering all the mining expense and stacking the coins they mine for now.
There are already a lot of Kaspa coins in circulation and its mining requires expensive ASICs, the payback of which may seem dubious. I would choose ASICs for Bitcoin.
KAWPOW is probably the latest algorithm for video cards without ASICs, but this algorithm is the hottest for video cards.
Nothing beats ASICs for Bitcoin.

The best alternative PoW is $KAS is the only one "new" that has the potential to grow and survive. Check the subreddit so you can be more informed and actualized. Also, check In dextools for liquidity when you want to  sell check Bitget that is one of the most used by the KAS miners and holders
That's what they are saying but not until we see the actual thing in the coming bull run then that's not yet proven. Anyway, it's one that I have been seeing popping on my wall.

Might because Google has been hearing what I have read before but they don't appear much to me anymore.
387  Bitcoin / Bitcoin Discussion / Re: Cashing Out Thousands of Bitcoin on: September 27, 2023, 11:08:29 PM
If I own that much, I'd probably register to as many exchanges as I can just to cash them out. But I'll do it with small amounts until I ran out of it if that's the plan to sell all of it.

But first, look if there's an OTC market where you can go. It's for sure going to ask you some important matters and will certainly ask for KYC. But do you have the choice?

You want to sell it and it's like you've got few options to do that. Although you can also check P2P for it, so that means like canvassing all potential markets and methods.

To avoid alert from the bank, don't do like a million a day or learn how much your bank allows not to flag you with your transactions.
388  Economy / Economics / Re: Population: Economic strength or weakness on: September 27, 2023, 09:33:50 PM
Manpower is a strength for a country if most of them are not old people and kids. We saw a country with a huge landscape with no manpower. They have the land and resources but no manpower to use it. With proper management and great manpower, a country's economy can be boosted. Vietnam can be a great example of that. Look at Chinese companies working all over the world for infrastructure development and other mega projects.
And this is a problem in Japan now.

Despite that they're a super country and one of the most advanced and high GDP globally, they're suffering this problem. Japanese people, most of them don't want to marry.

They just wanna get stuck into their jobs until they get old and no plans of getting married. AFAIK, it's the same in South Korea as well while the issue there is people find it expensive to raise kids.
389  Alternate cryptocurrencies / Altcoin Discussion / Re: Any new PoW coins on the market? on: September 27, 2023, 08:27:31 PM
Kaspa is what I am seeing that's commonly suggested by other altcoin miners. The other one that I am seeing is ravencoin which has the algorithm of KAWPOW.

That's the two that are I am seeing and being mined by many miners these days. About the profitability, I don't know but if they're mining it and they think that it has got a bright future.

Prolly, on the next bull run they're all just covering all the mining expense and stacking the coins they mine for now.
390  Bitcoin / Bitcoin Discussion / Re: interest in the cryptocurrency on: September 26, 2023, 10:41:03 PM
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.
In every investment that we do, we need to be vigilant because the money that we're investing on it came from hard work. But it is a natural thing to come out with some losses and from those mistakes, you'll have to learn.

This topic shouldn't be in the Bitcoin discussion. Since it discusses the entire crypto market and has mentioned Ethereum which is an altcoin.

So this means that this must be placed on the Altcoin Discussion.
391  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 26, 2023, 09:38:42 PM
I have more faith when I ventured into bitcoin than I do now but I am still in less doubt because with all these ups and down presently Bitcoin has still maintained its reputation, with this alone I am convinced and am not scared of what market crash, economic inflation, Political influence will affect Bitcoin.
They do come naturally to Bitcoin and that's why you don't have to get yourself be affected much from those factors.

One thing I would regret if I do is to save money the traditional way because ill rather invest my money than let the bank do it for me.
Interest there are little and what they can promise you is the safety of your money. But then, with many news coming from the banks in some countries, they don't even allow their depositors to withdraw their money.

That's why, you shouldn't really let your money sleep on them. Maybe just the amount for emergencies.
392  Economy / Trading Discussion / Re: Is it possible to do Gamestop saga in crypto.? on: September 26, 2023, 08:32:57 PM
IIRC, there was also this call before by someone. Like it's just an attempt to do the same as gamestop retailers did.

It's possible and doable but you can do this with small cap tokens that has no liquidity at all. It will get the other traders attention and that's how it's going to go.

That's why we have this famous line on it called 'pump and dump'.
393  Economy / Speculation / Re: Does bitcoin price increase after halving? on: September 25, 2023, 11:24:04 PM
Halving events have frequently been associated with increase in price of bitcoin with significant upward momentum both before and after halving. Bitcoin halving often generate increased market attention and hype. Expectation of lower supply and likely price increase may fuel positive feelings amongst investors and traders.
You've just said what actually happens during and after the halving. We've got proof already that it's happening every cycle that the block reward cutting in half really impacts the price of Bitcoin.

That makes the cost of mining more expensive with lesser rewards which also makes the supply being produced to the circulation lesser.

Everyone who had experienced halvings will approve and say that it really does increase the price every time when it's done.
394  Alternate cryptocurrencies / Altcoin Discussion / Re: Couple of questions for GameFI projects on: September 25, 2023, 10:15:38 PM
1. Current Google search yields a lot of existing GameFI projects which were very successful at their launch. My question is, why their token/crypto prices decreased/died after a certain amount of time, despite those games still being played on a day-to-day basis? E.g. Axie Infinity.
It's because the hype died for those projects.

2. Is there ANY way to know how long/high the price(s) will reach before shooting down for a long time/permanently?
The market is volatility and even these gameFi projects are good as they are right now. You'll never know how long they're going to stay. Maybe through the charts if you're a trader, you'll get to see some signs of it when they're going down from it.

But if you're asking about certain signs, from its community and the news that circulates around it could give you some sign.
395  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to invest AI coins? on: September 25, 2023, 06:38:40 PM
It's always good to see that the newest technologies get involved in the use cases of new projects. What I personally believe is all the projects should have saved space for upcoming technologies so that they can keep upgrading for good. However, it doesn't change the fact that not all projects bear fruits, there could always be shit projects. Calculated risks, thorough fundamental analysis, etc. can help manage the risks involved with investing in any project.
You have just said it right.

Many are intriguing and interesting projects whether they are AI related niche projects or not. What matters most is how you're choosing a project being an investor.

These projects will always be there and you'll just need to make your own decisions rightly and thoroughly. Apart from that, it is your money that should be invested well.
396  Bitcoin / Bitcoin Discussion / Re: Bitcoin is life on: September 24, 2023, 07:10:48 PM
I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.
It's okay, no need to describe them like that. We've got different opinion about things and even we're all in bitcoin supporter, you just can't please people that have their different opinion towards bitcoin.

I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.
Just gamble responsibly, we've got a lot of gamblers here that are also in Bitcoin. It's all about moderation and how you control yourself.
397  Economy / Trading Discussion / Re: Are Technical Indicators useless? on: September 24, 2023, 05:43:52 PM
Honestly, it's hard to survive trading and I've done that and got only few percentage of good trades and that's why I've stopped. I'm just trying to get back again and that's what I am applying to myself.

This is true since crypto is a volatile asset and we all know that volatile assets is very unpredictable. There’s a lot of indicators available for trading and most the so called TA analysts snip part of previous chart and apply an indicator that works on that particular scenario just to show off how good they are on trading but in reality they are just finding the right pattern on the given charts.

I hate trading on volatile assets as I learned my lesson on my many years on crypto. Holding is the best type of investment strategy since its less stressful and you can guarantee that you can have profit if you will not sell at loss.
I won't argue about holding as I have proven that to myself as well. Nothing is gonna hurt as well for me to try going with trades and so far, I don't have good trades for my recent trades.

But that's fine, these indicators that I am believing seems to be not working with what I have bought but what's good here on doing it on spot. I am not obliged to sell when I am not yet in profit.

Until I see the profit taking time, going back to the old style of holding.
398  Economy / Trading Discussion / Re: Are Technical Indicators useless? on: September 23, 2023, 11:55:28 AM
~snip~
There's no such thing about assurance and precision when it comes to technical analysis and same goes when it comes to fundamentals on which it doesnt really assure that it would really be making out some sure effects

within the market and this is why it would really be just that so normal that you would really be that versatile whenever you do see those unpredictable movement here on the market.
Technical indicators arent useless, it is really just that the market is really that unpredictable and also, what would really be your tools on dealing with this market if you arent using TA just because
you do see that its irrelevant?  Just like on what others been saying that on the time that you would really be stepping your foot into the market then you would be finding that relevant
on making use of these tools because stepping into the market without these things would really be making things harder.
Yup, I guess that's the key on this market and you've said it about being versatile.

So as flexible as the others, we need to have various strategies whether they're TAs, fundamentals or etc that will help us with our trades then that should what we should be applying to ourselves.

Honestly, it's hard to survive trading and I've done that and got only few percentage of good trades and that's why I've stopped. I'm just trying to get back again and that's what I am applying to myself.
399  Economy / Economics / Re: To afford personal education or a property? Where to allocate funds? on: September 23, 2023, 09:34:33 AM
People think nowadays that having a diploma would help us get a job easier which is actually a bit unreal because these days, companies and employers look for experience and skills and not just on educational back ground.
It is an advantage and there are companies that do value education because getting a diploma isn't easy. And from there, they'll have an idea that the applicant that's trying to ace a position in them have gone through a lot.

Although it is not guaranteed but it will help you get a call and job interview.

If I were to decide, I will choose both having a passive income while studying, why? Because it's hard to study these days if you don't have an income. It's better to secure our education while having a source of income than putting everything in one basket which might also cause us hardship in the future.
Better use the funds that we could only have once wisely. We can choose the path that we would want to take the smartest way.
If it can be done to do both, much better choose that path.
400  Bitcoin / Bitcoin Discussion / Re: Have a clear understanding of what DCA means on: September 23, 2023, 08:02:56 AM
However, it's important to note that DCA may not always work in your favor. In some situations, it could increase your average cost, especially during a bull run. Nevertheless, the purpose of DCA is to spread your investments incrementally, which can be advantageous in the long run. It provides a balanced approach to accumulating assets, ensuring you still acquire your desired cryptocurrency. I hope this explanation sheds light on the essence of DCA.
Despite being the best strategy that one can follow until the next bull run. There will be the pros and cons depending on the individual's situation. But for me, there's really no disadvantage on it because you're not obliged to invest a lot and you'll just do it religiously or when you're able.

The beauty of this strategy is that you're not pressured, you don't have a forceful plan that you need to fill it when you have or no money at all.

Stress free strategy but very effective.
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