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401  Economy / Economics / Re: Micheal Salyor decalogue for a 10x Bitcoin Appreciation on: September 06, 2023, 08:33:35 PM
People like Michael Saylor are very useful to the cryptocurrency world.  Yes, perhaps some of his predictions look overly optimistic now, but he may turn out to be right in the distance. Let's wait until 2025 - and then we'll see how right or wrong he turned out to be
402  Economy / Economics / Re: CBDCs are created for unemployment purpose on: September 06, 2023, 08:04:51 PM
In principle, CBDCs can replace electronic money in the long run. The bad thing is that CBDCs use smart contracts and personal account. In the beginning, all this will seem convenient to you, but after a while you should expect to be screwed and forced to switch to CBDC settlements.
403  Local / Токены / Re: PayAccept -мeждунapoдныe плaтeжи, пpинимaeмые зa ceкунды! on: September 05, 2023, 03:10:13 PM
ВАЖНАЯ Информация для баунтистов

Команда PayAccept решила  деактивировать смарт-контракт на BSC. Всем, у кого есть токены на BSC (включая баунтистов), необходимо ознакомиться с сообщением в  официальном телеграме https://t.me/Payaccept/121845 , заполнить форму https://lmrzs32rsmm.typeform.com/to/jl7qQ5L8 и отправить токены по указанному там адресу. Нужно успеть до 24 сентября.
404  Economy / Economics / Re: Crisis like 1930 it's impossible now we are use to with good life on: September 03, 2023, 09:47:16 PM

To the extent that you alluded that now is better than the 1930s, have you asked around within the older folks to know if they would concur with you... Truly they won't. They will tell you life was far more better than what it is today. That they prefer the undiluted air and the natural breath they had without diffused with carbonmonoxide. They will tell you they enjoyed the serene and tranquil environment they had. What about the natural foods that more or less is a recipe for longevity, what about inflation and poverty that has left luxurious life to the exclusive of the rich and many more they could point at.

If you want to do a comparison of the life back then and now, you will see it is a whole lot of array you want to discuss that put different opinion for and against the time then and now.

Yes, there is a grain of truth in that. There is less and less natural and more and more artificial. And artificial intelligence is destroying jobs. In 1930 you could find a job despite the crisis, but now it is much more difficult because of the internet and the universal base. Progress is not always a good thing
405  Economy / Speculation / Re: Volatility and its effect on: September 03, 2023, 09:41:36 PM

It can be said that volatility is essential when it comes to investing because it is through it that we can make a profit. But whether we can make a profit or whether it will be harmful to us depends on our own abilities. Like @Watche said, volatility is like a double-edged sword, if someone knows how to use it, it will have very good effects, but if someone doesn't know how to use it, it will harm them.

Cryptocurrency is famous for its volatility, I know many gold and stock investors turn to bitcoin because they like its high volatility. The more volatile the market, the higher your chances of making money.

Agreed. Volatility is what attracts traders. But the main question is why volatility occurs. If the trading volume is low, even a small buy or sell can lead to major price changes, i.e. volatility is there, but you can't capitalize on it. Therefore, you need to have a good understanding of the nature of volatility
406  Economy / Economics / Re: Are you risking investment in other things? on: September 03, 2023, 09:32:15 PM
There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

Investing is always a risk. There is no such thing as a safe investment. The halving of bitcoin is a fact, but not necessarily after the halving the value of bitcoin will increase. Yes, it has happened historically, but you can't guarantee that it will happen this time too
407  Economy / Trading Discussion / Re: Do you expect better, but then impulsively jump into things due to FOMO? on: September 02, 2023, 09:25:26 PM
There are two ways to deal with this, the slow approach is that this will simply come to you with practice, now this means that sometimes you will feel the FOMO and take a dumb decision, however after this happens to you a few times you will learn to ignore those feelings as you know they will lead you to lose your money, the second approach is to have a trading strategy you have verified and backtested, this way when the market begins to go up very rapidly you will not enter it just because of the FOMO and instead you will wait until your strategy tells you it is the correct time to do it.

Another option is to use a certain percentage of your savings for FOMO. Money invested during FOMO is not always a bad investment. It's not uncommon to make a nice profit (if you're not the last buyer). Even in seemingly wrong decisions, there can be truth to them
408  Economy / Speculation / Re: BTC Sentiment Poll for September on: September 02, 2023, 09:17:56 PM
September is usually not a good month for bitcoin, but it is unlikely to fall below 23,000. There are no strong negatives on the horizon so far. Therefore, the most likely scenario for September is a sideways 25000-28000. Although a stronger fall with a quick recovery is also possible
409  Economy / Speculation / Re: What if there is no crypto bull run for next 10 years ? on: September 02, 2023, 09:11:48 PM
It is during the bull run that the manipulator makes his main money. Therefore, it just doesn't make sense for him to cancel the alt season. At the moment bitcoin is the main means of attracting attention to cryptocurrencies, but if people don't see big "X's", the interest will fade quickly. Right now, making 2-3x on bitcoin is good, but it's not enough.
410  Economy / Economics / Re: Stable coin or having USD in bank on: September 02, 2023, 09:04:12 PM
I don't have USD - while I don't hold USDT either for the same reason. Apart from an emergency budget in fiat - I tend to prefer bitcoin and some other high value assets. This is an option I have considered since I became familiar with bitcoin - but I do not rule out the possibility that the value of bitcoin also sometimes fluctuates which makes my estimate of USDT shrink.

OP - you need to have an emergency budget, it will help you when things get tough financially. Of course you can keep USDT - but that doesn't protect you from a security perspective in the long term. For a period of time USDT will be useful for accumulating bitcoin - so I wouldn't completely exclude it from my plans.

You should always consider that unexpected unexpected costs may arise. And if you bought bitcoin at one price, and at the time of the need to spend a certain number of coins the price fell by half - there will be losses. Therefore, you should have a certain amount of USDT
411  Economy / Economics / Re: Good and Bad at the same time - Mega entities hold $ 14 billions in Bitcoin on: September 01, 2023, 02:17:22 PM

Have you thought what would happen if they sold all those bitcoins at once? As many have pointed out, the majority of bitcoin being owned by one organization or individual has never been considered a good thing. It does not reduce the supply of bitcoin circulating in the market and on the contrary, it can be pushed to the market at any time. And what happens next you probably already know.

Bitcoin becomes more valuable not only because of its scarcity but also because of the utilities it brings to us that are really useful to us. But many say scarcity is what helped bitcoin achieve its value today. Creating a coin with a finite supply is not too difficult, but creating a coin that is decentralized and has as many use cases as bitcoin is impossible.

I don't think that an asset like bitcoin is bought for a huge sum only to sell it in one fell swoop. Most likely, these are people with strong nerves. As for decentralization, bitcoin hasn't been decentralized for a long time, but is mostly in the hands of manipulators who play the exchange rate the way they want it to be played
412  Economy / Economics / Re: Stable coin or having USD in bank on: September 01, 2023, 01:56:27 PM
In my opinion, stablecoins are better than USD in banks. You have full control over your money, you can transfer it to cryptocurrency or fiat at any time. Banks can go bankrupt at any moment, they can close your account at any moment, request documents about the origin of funds
413  Economy / Speculation / Re: How passionate are you buying Bitcoin now? on: September 01, 2023, 01:50:42 PM
a few days ago I bought a little bitcoin when the price of btc was going down, and I was honestly very excited to buy btc because soon there would be a btc halving.

I think fear is normal even though investing in BTC using idle money. because even though money is idle we still get that money with difficulty.

The whole question is how long are you willing to wait for the sake of getting 2-3x. In bulran, the other cryptocurrencies - if you guessed it - can give 10-100x, while bitcoin 2-3x right now. There's no argument, bitcoin has excellent liquidity, and the price fluctuations are becoming less and less significant every year. But is the game worth the candle?
414  Economy / Speculation / Re: Bitcoin is not going to $12k. on: September 01, 2023, 01:38:46 PM
I don't understand why the 12,000 figure is mentioned again. Bitcoin is about to halving, and after that, historically, a bull run begins.  It is unlikely that there will be very negative events before the halving that will cause such a big drop. Besides, people have already learned to wait.
415  Economy / Economics / Re: Increase in stable coins adoption might just be the key to crpyto dominance. on: August 31, 2023, 08:04:59 PM
I would not attribute the increase in the share of stablecoins to the accelerating spread of cryptocurrencies. Stablecoins are a convenient means of storing and transferring data without losing value (the cryptocurrency rate jumps every second, while the stablecoin rate jumps once a day). For many people, it is.
416  Economy / Economics / Re: What did elon do wrong in Twitter on: August 31, 2023, 08:00:43 PM
Elon Musk bought a pretty expensive toy - and now he's trying to realize its possibilities. I think he will have everything ready in time for the upcoming bull run in 2024-2025 and will more than recoup his costs. He has a powerful tool to influence the opinion of the cryptocurrency world. And what he does wrong and impulsively will soon be corrected.
417  Economy / Economics / Re: I wonder if food prices in your country have also increased? on: August 31, 2023, 07:55:29 PM
The rise in food prices is not connected with any serious crisis. In my opinion, it is all being done artificially. Perhaps it is some kind of international cartel conspiracy. There is a lot of food produced. The situation with the rise in food prices is clearly not without the interference of politicians.
418  Economy / Economics / Re: India just bought 1 million barrels of oil using rupees instead of USD on: August 30, 2023, 10:01:45 PM
Of course, it cannot be denied that over time the dollar will be used less and less in calculations, but as long as our generation lives, we will still recalculate prices in dollars out of habit. Personally, I do it automatically. But even for this reason, it is unlikely that it will be possible to completely abandon the dollar. It's like Don Quixote fighting windmills.
419  Economy / Speculation / Re: Will BTC go above $30,000? on: August 30, 2023, 09:56:17 PM
Most likely, September through October bitcoin will move in the 25000-35000 range. Very much these figures are attractive for recruitment by big players. Perhaps by the end of the year bitcoin will reach 40000 - but no one can say that for sure. We have to remember that soon - halving.
420  Economy / Economics / Re: Is market manipulation a common occurrence everywhere? on: August 30, 2023, 09:51:31 PM
Essentially, if there is no manipulator in a particular market, that market becomes sluggish and boring.There are a lot of markets now - and it takes a strong movement in a particular market to draw attention to it. Yes, manipulators are evil, but they are often a necessary evil.
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