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That's weird.The inflation in Sudan should cause the Sudanese national currency to become cheaper,compared with other currencies.
I'm not familiar with the inflation rates in Sudan and I don't have enough statistical data about this subject.
Perhaps the foreign trade of Sudan isn't dominated by USD/SDG deals,so there's no liquid enough market for US dollars and SDG to be exchanged.
Maybe Sudan has enough national reserves to maintain the value of it's national currency on the foreign currency markets,while the government/central bank can print more money,which are backed by the national reserves of Sudan,therefore increasing the domestic prices and causing inflation,while keeping the value of the currency,compared to other currencies.
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I don't understand what exactly are you trying to say in your post.
It's just one of the many "coronavirus pandemic sucks,stay at home,reset you life,lockdowns might be an opportunity,follow the rules,bla bla bla" type of posts that have been flooding all the social media and forums for the past few months.By now the topic about the pandemic is just a meaningless conversation to me.We can't add anything new to that conversation,so there's no point of talking BS again.
Yeah the travel industry was damaged severely by the pandemic,but I don't care.I wasn't traveling around different countries before the pandemic and I won't be traveling during the pandemic.
Everything is going to be fine,if we all have discipline and responsibility.
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I always wonder How Cryptocurrency rates especially BTC Fluctuate so quickly? I mean is there any system on which there rates are decided? If so, what is it?
The "system" is basically all the buy/sell orders aggregated from the crypto exchange platforms,which are tracked 24/7.The rates are decided by the supply and demand. If the sell orders are more than the buy orders,the price goes down and vice versa. And it's not just the crypto market that works like that.The stocks and forex markets work exactly the same way. How difficult is to understand something so simple? |
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That's great,but do you think that this news have something to do with Bitcoin? Those scammers can be considered as fiat/bank scammers and not cryptocurrency scammers.The fact that they have created a crypto exchange to launder their stolen fiat money doesn't prove that they are Bitcoin/crypto scammers.Anyway,the Russian police is going a great job,which surprises me sometimes. Forum threads about fiat scammers should be moved to another sub-forum.  |
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This subject has been discussed before.Can you add anything new to the topic?
The limited supply and unstable demand are what creates a big price volatility.
Most of the crypto traders and newbies are always between FOMO and FUD,so they are always super excited and hyped(FOMO) or super panicking due to the FUD or the price corrections.
The crypto whales are always winning in both cases,because they know when to buy low and sell high.
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I don't watch porn(even free porn) and would never pay for porn,but I respect every company that decides to give Bitcoin a try.The Adult industry is a giant untapped market for the crypto world and it makes me wonder why Bitcoin still hasn't conquered the online adult industry.There's must be a reason.Maybe BTC is not as user friendly as the traditional payment methods,or maybe people are scared by the BTC price volatility.
Anyway,I hope that other big Adult Brands will start accepting BTC payments.
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How can a Coinbase IPO kickstart a potential Bitcoin bull run?Coinbase isn't the biggest or the best crypto exchange platform.The Coinbase stocks are not tied to the price of Bitcoin.
I've always viewed Coinbase as a fiat company that is operating with cryptocurrencies rather than some actual crypto company.Now this IPO will prove that I'm right.
I'm not familiar with Andreessen and Rajaram,but I hope that they might help for turning Coinbase into a better company.
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This is old news.Why do we have to discuss this again.
Those Youtube scams are so stupid I can't imagine what kind of people are actually sending their Bitcoins to such obviously fake "giveaways".
If somebody is "giving away" lots of Bitcoin,but wants you to send him a small amount of BTC before that,that's an obvious scam.
Youtube and Twitter are sued for this scam,but I think that it's not their fault.Such big companies can't solve the problem of having thousands of hacked accounts in a few days.
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What do you mean "healthy" price correction and bull run?Are there "unhealthy" price corrections and bull runs? The BTC price failed to get support for an attack at the 12K USD level and the traders got tired of waiting so they started selling their BTC.Bitcoin is failing in the role of a safe heaven,which was expected,so I guess we will see some good volatility in the next weeks.I want a price below 10K USD so I could prepare for a winter bull run. |
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I have this deep convincing believe that Bitcoin will change the future world of money for the better by giving everyone the same opportunities.
Tell those who speak about the use of Bitcoin ending soon should come to realize the fact that the rules that govern Bitcoin’s monetary policy are written in its source code and that is a phenomenal guarantee for all its users., today and in the future.
When you buy Bitcoin in 2020, you already know what to expect. You know that you will still own some Bitcoin out of every 21 million existing in 2050. If you didn't sell off for fiat. This is not same for paper money.
It is often said that Bitcoin is a hedge against uncertainty. And that's it.
What do you mean by "giving everyone the same opportunities"?Only people with fiat money have the opportunity to buy Bitcoin.The poor will stay outside the crypto community.Do you consider this to be "the same opportunities"? I don't quite understand what do you mean by "still owning some Bitcoin out of every 21M existing in 2050" So you want to buy BTC and HODL until 2050?This sounds crazy. The rules of Bitcoin are written in it's source code,but that doesn't mean that they can't be changed. |
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Good! This won't affect US economy much but this way China will slowly be cut out of the world under the current rule of the dictator leader Xi Zinping. Since last couple of years, China has been showing its ugly face to the rest of the world through. All its neighboring countries like Hong Kong, Taiwan, India are facing the heat of such nasty mentality of China and now the world is fighting back. From trade freezing to Chinese application ban, world is slowly taking measures to curb Chinese expansionist mentality.
The world trade is still dominated by US and its allies, so if China tries to do something drastic, it will harm the Chinese businesses only. Not immediately but in long run! China is now considered as biggest threat to the world peace.
Don't be so sure about that.If Joe Biden becomes president,the relations between USA and China might change.Biden will try to stop the trade war and end the "cold war" that was started by Trump. China will sell US government bonds for 200 billion dollars and invest those billions in it's own economy,I guess,which isn't that bad for Xi Jinping.The Chinese want to be more independent from the US dollar and from their giant export of goods and services towards the USA,so that's why they will try to increase their export to other countries and focus on increasing their domestic consumption of goods and services. |
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Somehow using VPN makes me feel safe while working with cryptocurrencies, like transactions, payments and buying bitcoins. I've been using surfshark vpn for almost 3 months now and I guess it's okay. I haven't really tried other VPN's though for I don't want to risk my wallet just to try other VPN. You know, like what's the point if I have my door lock for months and it's not even rusted. The largest risk with cryptocurrency is that online exchanges are vulnerable, as mentioned, to hacking they say. I know some may already experienced this kind of problem, and I wonder how you manage to solve this. As someone who hasn't encountered such, I think it's a good opportunity to ask someone who does and help me point out what other things to do to secure not just my wallet account but also my other personal accounts.  Using a VPN is about protecting your online privacy,which is little bit different than your online safety. A VPN by itself can't guarantee your online security.Just watch a few Youtube videos about VPNs(not the ones that are promoting them) and you will see that VPNs aren't that secure. I've never heard about this surfshark VPN.I guess this is one of the smaller players on the VPN market. Using really strong passwords,having good browsing habits,anti-virus software and using only trusted crypto exchange platforms and wallets is more important than the VPN you are using. |
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1.The current Bitcoin price is 10,300 USD,not 11,722 USD.
2.You are comparing the circulating supply of fiat currencies with the total market cap of Bitcoin,which is kinda wrong.You have to compare the circulating supply of BTC,which is a different category than the market cap,because lots of Bitcoin are just sitting in the wallets of BTC HODLers and they are not used in the BTC market circulation.
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Bitcoin and ethereum are the only solid cryptocurrencies.The rest of the coins are just pump&dump anyway. You may think that some altcoin has an interesting concept and will become a utility token which might get widely adopted in some industry,but that never happens.All the "utility token" BS is just a hook to get more buyers and investors in the early stages of the project and to build more hype. My list is just: 1.BTC 2.Ethereum 3.(Enter a random altcoin name here.) 4 and below 4. I don't care... |
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There are many sites on Bitcoin news on the internet and everyone follows them. Does receiving news from these news sites cause copyright.  What do you mean by "penalty for copyright"?Do you think that somebody is going to sue you for plagiarism? I don't think that you will get sued for copy pasting other people's news articles,however I don't recommend such activity.If you plan to create a crypto news website and most of your articles are simply copy pasted from somewhere else,Google is going to ban your website for duplicate content and you won't be able to rank on search engines. |
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A cryptocurrency backing up another cryptocurrency seems like a "genius" business model. A not-so-stable volatile asset like Bitcoin backing up a stablecoin?This sounds like nonsense to me. Dude,please stop spamming the Economy forum.Around half of the new threads here are yours. I don't see any value and any constructive discussions about the economy or cryptocurrencies in your posts. I don't know what your agenda is.If you are so desperate to boost your post count just go to the Local forums and post there. |
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Instead, teach them one of the basic ways to earn bitcoin which is micro earning where they can earn small amount of bitcoin like faucets for them to test bitcoin Pointing new Bitcoin users to faucets from day 1 is a completely wrong approach.The newbies will waste their time earning a few hundred satoshis,which is nothing. I can't agree about the other assumptions in your post.I've never promoted hardware wallets to Bitcoin newbies.If you are a Bitcoin newbie and you don't plan to buy lots of Bitcoin,having a hardware wallet is pointless. Bitcoin newbies usually don't care about BTC anonymity,they just want to make some money,but making money online is not easy.It doesn't matter if it's in the crypto world or the fiat digital world. Misleading a newbie into thinking that making money with Bitcoin/cryptocurrencies is easier than all the other online money making methods is completely wrong. |
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The reason that he got caught is not because of bitcoin transactions, Darknet is still connected to the Internet, and there are ways that you can trace someone even if they have a VPN or something, the only thing that can help you hide is either you are running a layered virtual machine and you have a lot of technical knowledge.
Darknet users usually use Tor,not VPNs.Maybe some of them are combining Tor and a VPN. Using Tor+VPN is not enough to protect someone's anonymity on the darkweb.If your surfing the darknet,sharing even a little information about yourself can break your anonymity. Anyway,another scammer goes into jail,which good for all of us.I hope that the day darknet marketplaces abandon Bitcoin as a payment method will come soon. |
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People must know how Bitcoin works in order to trust Bitcoin enough to start using it in their daily lives.
Would you ever invest your hard earned money into a project that has a vague and obscure business model and goals?I don't think so.With more transparency comes more trust.The "average Joe" isn't obligated to know absolutely everything about blockchain technology,cryptography,etc.He should be familiar with the basic fundamentals of Bitcoin.I truly believe that the fundamentals of Bitcoin are simple enough to be easily explained to uneducated people.
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The 2016/17 bull run was just for about 9month and it hit around $20k, I never thought it will end so soon then,while I was still strategizing on how to get the best of it, the time was up, it was like a movie as it was sliding down gradually,hoping it will rise till today, the few project campaign I participate in then were just what payed me well, few of them dropped their token which I never touched till today because they have so much lost value, now as the bull run commences,let's say it runs for a year, how many project campaign do you plan to cover within the period?
What do you mean by "project campaign"?Do you mean bounty campaigns?This sub-forum is about crypto trading,not bounty campaigns and crypto startup projects. Back in 2017 ICO campaigns were a thing.I earned a few tokens here and there and I sold them for several hundred dollars worth of BTC before they crashed totally.It turned out that most ICOs were exit scams,but I though that they are legit back then.It was weird for me,since I wasn't using altcoins/tokens before 2017 and I don't trade altcoins/tokens now. Anyway,I don't expect a Bitcoin bull run coming.I expect a bear market,so I will try to hoard as much BTC as possible. |
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