Bitcoin Forum
June 25, 2024, 07:43:34 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 [220] 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 ... 350 »
4381  Economy / Economics / Re: Poor and middle class as a mentality on: July 12, 2021, 09:29:37 AM
Some people are born rich or moderately rich, some are born middle class and some are born poor or extremely poor. All these conditions come along with a set of survival guides that the parents, relatives and even teachers will pass along as a map of life.
It's obvious that while some persons are born in linage of poverty is due to the initial foundations of their parents and the same thing is applicable to some people who are born in the wealthy family also, so what we are suppose to be looking at now is the factors that attribute or causes poverty and how to eradicate them for the offsprings.


I think the first solution to poverty is education. Education the young poor person gives a more brighter opportunity for future success rather than leaving them uneducated. Education prepares someone for the future even when opportunity is not presented at the current moment, a truly educated and knowledgeable person can find a way to survive. There is a relationship between education and knowledge because education sharpens knowledge and it gives the ability to apply the knowledge very well. Like Martin Luther said about living ready, this is important and can be guaranteed with education.
4382  Economy / Economics / Re: FBI aims to keep valuables, $86M cash confiscated in safe deposit store raid on: July 11, 2021, 06:21:20 PM
We can't do much about it, they're the FBI and if what they decide to do is to keep the stuff for evidence or as a part of the illegal activity then that's their call, and we can't do a thing about that.

No not right to seize people's belongings without prove to confisticate. If the FBI suspect an illegal dealing, they have the right to investigate and at same time respect the ruling of court. Like in op quote, the judge ruled that those confisticated items are not for grabs.

Quote
even though a judge specifically said the contents of the boxes weren’t up for grabs.


Quote
The box holders and their lawyers say the FBI is trampling on the rights of people who were unaware the business, U.S. Private Vaults, was charged in a sealed indictment with conspiring to sell drugs and launder money.

The warrant that US Magistrate Steve Kim signed on March 17 giving permission for the FBI to raid the business even said, “This warrant does not authorize a criminal search or seizure of the contents of the safety deposit boxes.”

If the FBI wanted to search the boxes, it needed to meet the standard for a warrant of probable cause that evidence of a crime would be found. But agents rifled through about 800 boxes anyway, filming their searches and bagging the property as evidence even when the holders were unknown and not suspected of crimes.

Reading the above, you see is unlawful for FBI to trample on people's right. It is subject to the courts approval rather than going against the laws.
4383  Economy / Economics / Re: Crypto vs Fiat on: July 11, 2021, 05:17:26 PM
Hyperinflation is most likely coming and when it does, everyone will be like dah of course. But right now, only a few of us prepare, it reminds me of the 2013-2014 time in BTC, the writing was on the wall but it seems the price increase will never come.

I think hyperinflation is already here in the world because almost every nation is worried about cost of goes. Covid-19 is a major cause of this hyperinflation because it got most countries to print more money to take care of lockdown as they need to distribute some food stuffs to the citizens . In US there was stimulus parkages and that saw them printing and floating money into the economy. Likewise other countries went borrowing and that brought in unbudgeted money to the system. Inflation is usually caused when too much money is in circulation and of course too much money was in circulation during the covid-19 and now.
4384  Alternate cryptocurrencies / Altcoin Discussion / Re: China says no to miners mean something else on: July 11, 2021, 02:35:36 PM
China since 2017 have not been supportive of cryptocurrency. They have made one rule or another to discourage anything concerning cryptocurrency in their country, example is the banning of cryptocurrency ico then. The mining issue has come again in China. I think early this year, miners also had issues there. I think most government are really fighting cryptocurrency because of selfish reason of trying to protect there own currency and also they do that because they feel threatened by the emergence of new millionaires but I believe they should face the business of governance and trade not to bother the people.
4385  Economy / Speculation / Re: BTC broke through 33,500 USDT on: July 11, 2021, 02:09:32 PM
Huobi market shows that BTC broke through 33500 USDT and is now quoted at 33500.39 USDT, up 2.73% in 24H.
BTC + 2.47%
BTC is doing everything to break the resistance and it’s good that we are finally back at $33k, and I think the highest was $34k which is a good sign. Looking at the chart of BTC right now, we might see this trend to continue in the coming days, and we might be able to hit $35k again, the volume is getting bigger as well.

That is because the market is still ranging and finding it way up and down looking for a spot to break both resistance and support. Bitcoin price hitting $33k often times last week was to test the strength of it. I think same kind of ranging will continue till the end of this year until a major news breaks in.
4386  Economy / Economics / Re: Die today, Die tommorrow, the same dying! still get vaccinated! on: July 11, 2021, 01:25:51 PM
Quote
1. Believe in a superpowers (God), this world is created to it that even science could not comprehend how the universe is being made. Meaning there is God but we do not know how he works but we should believe in the creator. In thay way facing death knowing that there is a creator and he will surely going to take care of you after death.

This is quite true but we also need to do what we need to do to prolong our lives at least keeping ourselves happy helps our health to get better especially good functioning of the heart. We need to know that heaven will help does who help themselves. God also made herbs where every continent draws from for treatment of whatever illness and it was said in Daniel 12:4 ".... and knowledge shall be increased".

God has all and that is where even science and technology rely on. God owns everything humanity is enjoying today.
4387  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Versus Ethereum Cryptocurrency Market Share on: July 11, 2021, 11:28:29 AM
BTC: 45.1%
ETH: 17.9%


There is no cause to worry about these figures. Bitcoin drop in price has not really reflected that much on slip from dominance unlike how much percentage in drop in price. At the time of ATH around $63,+++ , it dominance on the market was less than 56% still  but now price is @ $33,+++ and dominance from your figure is 45.1% which IMO is still good for bitcoin.

Etheruem increase in dominance however is not taken from bitcoin but from altcoins as the market is bleeding. Coins like cartesi, curio, dogecoin and more have reduced pricing and volatility which also affects their little percentage dominance.

So bitcoin dominance will eventually increase at the time bull  resumes because etheruem will get a hard time to overtake bitcoin dominance at least not this year or next.
4388  Alternate cryptocurrencies / Altcoin Discussion / Re: How crypto currency change your Life? on: July 10, 2021, 05:41:52 PM
The experience has been overwhelming how you can convert your Fiat into crypto and Crypto back to Fiat , it makes living in this world more easier. Cryptocurrency has further enlarged the digital payment system with multi national institutions coming in like PayPal. The digital currency and cash less system in the world made cryptocurrency well seated and successful to the extent that friends and family outside Nigeria and Africa can easily send money (especially where there is restrictions or difficulty on the Fiat/bank, high charges) to loved ones through cryptocurrency especially bitcoin. It has been a wonderful experience to the world at large and personally, it has made financial transactions very fast, easy and enjoying.
4389  Economy / Trading Discussion / Re: Volatility Indicator on: July 10, 2021, 11:34:17 AM

So, I am looking for any indicator or tool for analyzing the chart.


Any advice that can I use for what I need?

Analysing the chart is the big challenge that learner's and novice like us also face that makes hodling preference lol. Anyway, I'm yet to understand the chart reading or timing and hours for it as some users have suggested. Sometimes watching the price movement, it seem less volatile during the early hours in the morning 12am to 6am but on other times it looks volatile and this is confusing. This is challenging to make one think there could be a pump going on without my knowledge, scary lol.
4390  Other / Beginners & Help / Re: Centralized and kyc platforms can pose risks in the future on: July 09, 2021, 07:54:46 PM
also do not fill in right information while buying hardware wallets.

Also to this effect for those promoting bounties, you need to be careful about how you provide kyc information about yourself. It is not compulsory to promote bounty that will require kyc (Know Your Customer). Many times the information and photograph you provide can be used for illicit dealings that you don't know about and in the future, you may have issues with your government when document is required to be presented but because your data information has already been used for scam or bad involvement, you may be denied certain things or benefit.
4391  Economy / Speculation / Re: Overview of the Market on: July 09, 2021, 05:35:41 PM
For the previous few days, Bitcoin has been stabilising between $31,000 and $40.000. The bulls are presently trying a rebound after the bears failed to keep the price below the range's support. The relative strength index's positive divergence suggests that bullish momentum is building.

On the negative, RSI doesn't give accurate direction of price range. It is moment driven and not strong enough to lead direction. That is not to be relied on because the overall chart overview is still on bear for Crypto market.
4392  Economy / Economics / Re: Will Bitcoin be infinite? on: July 08, 2021, 05:48:33 PM
Bitcoin is unlimited now and even in the future. The supply seem limited but the pricing of bitcoin and it's value are not. The reason for infinite nature of bitcoin is decentralize and uncontrollable phenomenon of bitcoin and that means demand and supply are not controllable which makes price not fixed but fluctuating.
4393  Economy / Economics / Re: The first rule of investing is saving on: July 08, 2021, 03:44:56 PM
I may take a different opinion about what you talking about investment and savings. I believe they are mutually inexclusive to each other, that means one does not give rise to the other. Like it doesn't mean that if you save money, then you have automatically invested it because investment is different from saving. If you invest, you have expectation(s) of having or adding additional money, income or profit to it but in saving, you are not necessarily expecting income, profit automatically to it.

Investment is a process to make more profit but savings may be money kept away for future (IMO is not Investment).
Example here with the definition of investment



- you invest so that your money works for you.

Yes the above on quote is investment because it is a process to accumulate more profit but by keeping money as savings is not Investment. Although, you can keep money in the bank but you still don't usually have interest on it.
4394  Economy / Speculation / Zugacoin launched the First Blockchain Main Net in Africa on: July 08, 2021, 02:39:49 PM
Zugacoin, the first Cryptocurrency in Africa, officially unveiled on the 1st of December 2020, the coin which is aimed at rebuilding Africa’s dying economy by becoming Africa’s first coin in equity and investment funding for Africa’s government has been able to launch First Blockchain Main Net in Africa.


It was successfully launched by the first professor of Digital Economy in the world – Archbishop Sam Zuga (on July 7th, 2021). The project is really going to bring Africa and Nigeria into the mainstream of digital marketing and economy plus cryptography. This surely will showcase that Africa and Nigeria are in line with freedom and on the struggle to better human living in global.

www.vanguardngr.com


It is Ranked Number : 3267

Price: $38.45

What do you think about Zugacoin ?
4395  Economy / Speculation / Re: The market is full of opportunities to come on: July 08, 2021, 01:26:39 PM
I still think that a rebound will happen to the market, but we are hard to predict when that will happen. The bitcoin price is down again this day, and it is back to the $34k level, which can lead to the other lower price. But if there a good news release, it can impact the price to go to the high price. This month is still not easy to predict where the bitcoin price will move, but we hope that this month will be better than before.

If you can use the market, you will have a chance to make a profit. Otherwise, you can just wait for that rebound so you can sell your bitcoin at the next high price.

This week and month have continuously put bitcoin price to a slow move down and price now at $32,575 showing no sign of immediate recovery. Since the Elon musk tweet, the price of bitcoin has continuously dropped. As to what prediction is analysing, many are still hodling on and expecting more bear correction before deciding to buy. If buy orders are yet to be made, you can be sure that the bear will still continue.
4396  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: coin news on: July 07, 2021, 04:06:40 PM
You may have to focus your attention on selected coins you see and like to invest on, you follow them up from cmc or coingecko. I don't think you can get group of selected project all in one website as new projects. Sometimes you can search through in big exchanges like binance.
4397  Economy / Economics / Re: African regulators warn cryptocurrencies may not be legitimate on: July 07, 2021, 12:47:01 PM

While crypto is by no means perfect, there is no example of them plunging economies of entire african nations into poverty due to hyperinflation caused by centralized economic mismanagement. There are also many positive benefits created by crypto in terms of opportunities and options they grant to society.


Yes exactly and that is like chasing shadows for African governments. They have left major economic challenges to pursue after what shouldn't be a priority at the time of that all citizens complain of corruption and bad governance. IMO , crypto regulation shouldn't be the focus of the government but to try and face economic challenges and inflation. Because in real talk, Africa has no ability to stop it use, they chase what they can't fight like China is doing but the adoption keep going. So there are far much challenges that they should focus like corruption that happens with fiat. They try to stop Cryptocurrency but they embezzle with fiat.
4398  Other / Beginners & Help / Re: The Bitcointalk Urban Achievers Merit Scholarship Program on: July 07, 2021, 06:15:01 AM
Back then before I knew about cryptocurrency, I started playing the game of faucet, I played on faucet for around a year from 2015 or close to that. I was playing it like a game and enjoying it, a game that I didn't know would later become money if sold. So out of curiosity, not with zeal and seriousness I kept acquiring the bitcoins. At the time I was eager to sell, I started making enquiry and surfed the net and that was how I got real information on cryptocurrency/bitcoin and even to this forum.

Die testate with your Bitcoin. Death is inevitable
https://bitcointalk.org/index.php?topic=5330324.msg56772859#msg56772859

Humility is not stupidity
https://bitcointalk.org/index.php?topic=5283498.msg55422733#msg55422733

The politics of Old Age and Healthcare in Developing Countries, Legal Perspective
https://bitcointalk.org/index.php?topic=5281898.msg55374522#msg55374522
4399  Bitcoin / Bitcoin Discussion / Re: Bitcoin brings us true freedom of thought on: July 05, 2021, 06:21:44 PM
People have been very alarmed by central banks even before Bitcoin. It's just that Bitcoin was the first solution that actually gained enough traction for us to actually have a decentralized form of money without a messed-up monetary policy.


To add to the good points you raised that people already felt disappointed with banks, the numerous monetary policies by the government are not checked properly, making the people subsceptible to fraud, over charge in fees transaction. The banks used their system to charge indiscriminately over board against monetary regulations. You get alerts of different unwarranted charges and this got people to be fade up in the banking system. So people were already looking for escape before the advent of bitcoin.
4400  Economy / Economics / Re: The slave does not dream of freedom, but of being the slave-master on: July 05, 2021, 04:32:37 PM
I think that crypto currency is the freedom that human kind seek for. The government fights it because of that and they see that they are losing the battle and bring up CBNC


BTW I am very interested in knowing if this is a quote from anyone famous or just part of the script.

Yes it must be a quote from famous philosophers. I was researching on it and some said Hegel and other prominent philosophers mentioned but I'm not sure.

I searched below some information (but not very happy searching on slavery because Africa is one of the continent badly hit by slave trade and still under neo slavery, just for the sake of knowledge  Grin)



https://www.goodreads.com/quotes/tag/slavery (1279 slavery quotes)
https://www.goodreads.com/quotes/tag/slave (203 slavery quotes)

Maybe we could search those links and the real owner of the quote may be there.
Pages: « 1 ... 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 [220] 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 ... 350 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!