so do you’ll believe that Europe’s € can make a comeback and replace the $ in the long run?.
Europe’s € can come back stronger but saying to replace the $ (USD) seems still too early, buddy. I am sure that the US government will do something to recover the economy. Now, probably Europe's economy is growing better than the US, but will the US give up early for this pandemic? I think as said before that they will make certain strategies after this pandemic to bring the power back. Indeed, Covid-19 brings big impacts to the US economy since there are many victims of this pandemic. Not only the health industries that get a very hard situation but also giving impacts to the economy in that country.
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BTW, where is the OP? Do you read all of the advice from the member here? What is your problem? Solved or not? There are many questions and also advice for you and you do not come back here. If this mater has been solved, so closed or lock this thread. Basically, you do not only need a password to access your Imtoken but you can also use the private key or event mnemonic phrase. if you still have the two, you can still access it. But if you don't have them, it means that you lost everything. please be patient and careful to check and search for those important data days be on your phone, Gmail, or others. This always becomes the lesson for all people here to be more careful.
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No one can say exactly which target Bitcoin will go to. It all depends on the market.
Agree, it depends on the current demand for Bitcoin in the market. Also, sometimes relies on the positive news related to the Bitcoin. Once there is bad news, it may destroy the bullish suddenly. So, the prediction of the next target to reach by Bitcoin in the near future can change anytime if there is something to trigger it. Since I am a long-term bitcoin holder, I am not overjoyed at the temporary price change in the market. I will make more observations of the market before I make any kind of decision.
This must be noted by all people. It is much better to do our own research and don't depend on the prediction channels or even the expert's saying. There is no prediction with 100% accuracy in crypto prices. The volatility makes Bitcoin or altcoins to be hard to predict. In addition, in some cases, some people or even popular people have a certain purpose in predicting bullish of Bitcoin price.
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Will it be regulated? There must be certain regulations moreover it is global. Additionally, it relates to the funds of many people around the world, who will take the responsibility of holding the funds? Will people trust this way? Well, talking about the pension, I will prefer to do it by myself personally than putting the funds in such kind of way. I think that converting the profits into something real in the world is better. for example, I will convert the profits of BTC into cash and use it for building a certain business such as restaurants, courses, and shops, and many others. this is what in my thoughts, not putting that thing into your ideas. Why? I'm not sure that it will be okay then and there may be a scam if no regulated system by the government. Moreover how if the funds lost because of the scammer or hackers?
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Unfortunately in my country there is not a single Bitcoin ATM yet, even though my country has legalized Bitcoin.
Really? Where is it? I am a bit surprised about this, why in a country that Bitcoin is legal already, we cannot find a single Bitcoin ATM there. Well, even Bitcoin ATM isn't something fundamental thing, but it can indicate a good adoption of Bitcoin in a country. So, once the Bitcoin ATMs already exist there, we can expect that the Bictoin has become something considered good and needed by many people in the country. If it is legal there, it is likely the people use Bitcoin in daily life, whether for payment tools or digital assets only.
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At least 870,000 bitcoins are associated with illegal activities. This is about $ 10 billion.
These are all confirmed? I wonder how this site gathers the data to that they really know that the Bitcoin is used in relation to criminals. This is not a small amount of Bitcoin. but compared to the whole supply of BTC, it may be only several percentages. however, it will also influence the market flows if it hits the market. But, the questions are: 1. Does anybody know where are now those Bitcoins? Only hold in their wallet? on the Bitcoin mixers? Or already traded in the market? 2. If it is still kept on their wallet, will they open it and trade it on the market at the same time? I think no because they are different networking and they may have different stages or ways to spend the BTC. 3. DO they always influence the market if they spend the BTC on the market? I think that they may not have a big influence on the market because they are small compared to the whole supply of the BTC. Moreover, the circulating supply of BTC so far is around 18,445,150 BTC. I think that they will also not trade it at the same market to make a big difference. Well, this is only my opinion because those criminals are not correlated at all. they have different networking. We also do not know whether they have been trading those amounts or not. So, never be panic about this, but stay calm and also watch out.
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If the positive trend continues, achieving $15K isn't something impossible. I have seen how the price move yesterday and today, it was quite fast. The price passed $10,000 suddenly and now it was about $10,970. This showed us that there is a big chance for Bitcoin to increase significantly if there is something to trigger it moving up fast. Let's see what's happening in the next few weeks/months later. I hope there is good news for crypto future and the Bitcoin price can really rise up to $15K or more.
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However, doesn't this make Bitcoin not decentralized again? As we know, BTC is decentralized and it is full of anonymously. In the crypto world, the rules to regulate the BTC is needed because it will determine how people mostly stare on this crypto. however, after legalized, will it influence on how the systems of the coin? The fees, and also of course taxes? is there any clear explanation?
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-snip- If you are yet to start investing in one or two promising project by now, it means you are still sleeping. Wake up and do something. -snip-
Do you mean investing in a new promising project? Buddy, if someone didn't invest in any new projects, it doesn't mean he is sleeping. He becomes more careful and selective to choose crypto coins/tokens for investments because there are many bad news related to new crypto projects. Most people prefer to choose top coins for their investment now. They still don't want to invest in any new projects since they are not really sure about the future of the tokens/coins. we cannot blame them as they may have own perceptions and goals.
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Money in banks are only about digit, they are about the numbers. But, they are not really existed in the world. So, when everybody wants to withdraw their fiat into cash, this is happening, probably the banks will be bankrupt. And there will be financial problems or crises in the country. however commonly, there is a centralized bank in the country regulated and stated under the government that has the main and big role of the entire banks in the country. So they can help each other. however, if there is no, so, it will be probably for them to go bankrupt. Because they can't meet with the needs of the cash. they only have and save the digits.
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Did he only want popularity by delivering such kind of words? Just curious if anyone else caught A Late Show with Stephen Colbert a few days ago where he spoke about the twitter hack where the hacker requested payment in bitcoin. During the segment, he calls bitcoin a scam.
Well, I really want to ask him, if someone uses the money to do some criminal and scams, does it mean that the "money" is a scam? I think not. Bitcoin, crypto, money, and other currencies may be media for that kind of criminal or fraud or scam systems. they use BTC because it is easy to be used for worldwide transaction moreover anonymously. however, we cannot call BTC is a scam because this is media, not the actor of the scammer. I don't think that their words will give big influence in the crypto world. Just lets it flow.
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Great, a good project will survive if they really put their hard and serious work on it. Progress and development will be always there done by the team if they are really serious about creating and developing the projects. This story also proves that some projects may still have hopes to develop and survive in this crypto world. Some projects are still serious and worthy to be found. Because we know that many projects are shit and end as they like, without any announcement about how their project is dying or not. they do not care about it, only gaining money from investors and then leave the projects so easily. And when I see this coin in the https://coinmarketcap.com/currencies/internxt/markets/ , I think that this coin is working so hard. Now the price hits $1.57 USD (1.98%) and it has good enough volume, around 18.47552828 BTC. where to buy this coin??
Do more on your own research, not only following what people say. If you are okay and sure about this, buy it on the trusted exchange. there are some exchanges of this coin as listed here: https://coinmarketcap.com/currencies/internxt/markets/
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Are there any real steps on how a newbie can do better on trading? How a newbie can start trading? This is quite common advice actually. I am not good at trading and I'm starting to learn about it. But, what I know if we are going to enter in trading, there are some basic things that I must prepare:
1. Mental preparation (psychologically) We must be ready for the profits that will make us very happy, but we must also BE READY for the RISKS of LOSING OUR MONEY. Many newbies like me may not be ready for the risks so that when we are losing, we will be so stressed and cannot move to the next step. 2. Fund We must prepare the number of funds in which they are "free money". The mistakes commonly done by the newbies like me are about using non-free money in order to get more profits directly through trading because of following other people. And in fact, we lose the money so easily. And we can get stressful again. Moreover, the money must be sued for other very important necessities. 3. Strategies and how we analyze the market this is what I still feel confused because everybody will have their own strategy and system on analyzing the market. we cannot follow the other people's strategy because it may not work on us. This is so difficult to do. And amount of money will also influence how we trade. Of course, I think that trading $10 will be so different from trading $10k.
Actually, there must be still several things to consider and think if we are starting ofr trading. But the three above are at least the things we consider basically.
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Many more scams are coming these days using new ways or even old ways to get more new victims. Well, we have been so popular with this kind of scam. But for the newbies or people who do not know about this kind of scam and they are greedy? they will be trapped very very very easily with this shit scam. Well, Actually, we can see their pattern of scam. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fb61eKtW.png&t=665&c=miKovazCX66k2w) This kind of scam is really usual where: 1. the reward is very high and it is very tempting. for greedy people or for newbies, they will be traped so easily because they think by doing this, they can be rich so easily. This is how this scam really works on newbies or greedy people without analyzing the case. 2. We must deposit first to be able to withdraw the coins. We must really avoid this kind of scam. If it happens, it is really a scam and we should not send a single cent of money to them, whatever they influence. They are absolutely scammer.
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A network of scammers like this is really troubling not only for those who might be victims but also for all those who are victims where their social media accounts are hacked. Some hacks against famous people have proven that they are really very brave to do this openly. And they do it in a structured manner globally? Or is it just a group of people? But don't they hack and scam like this they can be tracked with their transaction flow? ..snip..
You may be right that the goal of this scam is probably the newbies or common people that do not know this kind of scam. They may only know that the real account of popular people or companies is giving money. They will believe it easily. but for us as knowing this kind of scam, we should not be interested in this kind of giveaway. if we are still how pity we are. well, let's spread about this kind of scam in order to help the people not trapped on this scam.
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...Gold is now 1941.25 usd today Euro value is increasing against the USD ...
This is what you mean? Gold hits its ATH just few hours ago during this apndemic? I'll say wow. Source: https://www.bullionvault.com/gold-price-chart.doMany people working with USD payment may feel worried about it because of the value. However, doesn't an increase and decrease in currency values often occur? Let's see, many countries in the world also ever experience bad things about their currency value toward USD where they are like facing a crisis. So, if you really can survive during this period, you may not need to panic. We don't know how long this will last and you may start analyzing the market so far. However, it is your own decision to move to other industries or not. Or you can still stay at your current job and also has other focus on the other industries. So, if USD is increasing or decreasing, you still have chance to survive because you have two different types of industries.
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Could it be something bigger than this? Kind of a global network of fraud or scammer? If it is about money laundering globally, I think it may be done structurally and generally. Respect for all the police that can reveal this kind of criminals. As we know, fraud/scammer systems are commonly very complicated to reveal. And if they are arrested under the law, the police can also reveal more to the people related to them. I sometimes sell BTC in local market through the help of some facebook group. I never felt that I am in risk but for the first time, it seems like we are actually risking ourself a lot of by selling BTC to unknown. What if they get a trace of ourself and link us with such transactions? Would we be also get punished? For your info, we had to use our mobile number to continue dealing.
Of course, they can reveal more people in relation with them. And if they can track you, do you have any evidence that proves that you are only selling BTC to someone on Facebook? If you have it, you may not worry about it because you may be excluded as fraud systems. I forgot to mention that BTC itself is illegal in our country which is the major reason of my fear. I sometimes sold BTC to unknown guy and that's what I'm fearing of. If it was legal, I would have nothing to fear at all.
It depends on what kind of law in your country about using Bitcoin. I think that many people in your country actually have been involved with crypto and your government have known about it. I cannot decide what kind of punishment they will give. But, as long as you use it not for criminals and you can prove it, you may be safe. Pray for it.
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This project was from 2018, right? This is a very, long time bounty program that should be passed by the participants. Look like this project will end shit or unsuccessfully. And now, they really to provide the demo fo the exchange. Good progress and seems that the team is really serious about this project. Although it needs a long time period for the project to prepare all things if the exchange is ready and good enough, the team is successfully manages the project and also makes the people trust again this. Just big hope that the new exchange can really grow well.
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-snip-
-snip-
Guys, you don't need to quote all the body of the threads. Why don't just quote what you want to comment on or kindly reply without a quote? Ponzi is for the greedy ones that want to reap where they didn't sow.
Not only for greedy ones, it is also for people who never learned from various cases of Ponzi/scams in the previous time. And it is for a newcomers and careless people as well. Yep, there are many reasons why someone can be trapped on Ponzi but at least we need to be carefull on anything that we want to do, so we can minimize the chance to join on Ponzi schemes.
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Actually, the risk is everywhere and it is something unavoided. But for me, the biggest fear is the safety of my crypto assets once I put it on an exchange. Sometimes, I am quite worried that someone hacks my exchange account and steals my crypto coins. Even if I have done everything properly, but as long as it is connected with the network (internet), I assume there is always a chance for hackers to steal it. However, well, it is a risk that we must accept to work in the digital world like be a trader or investors of crypto coins.
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