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4701  Economy / Trading Discussion / Re: a holocaust in bitcoin chart form on: April 05, 2021, 11:15:08 AM
I hope you have taken your coins out before you talk of lawsuit.  You need some evidence  and you need to take screenshot to prove your case. I dont see myself waiting if I notice bots or irregularity.
4702  Economy / Economics / Re: How the rich get richer and why it works on: April 05, 2021, 10:33:00 AM
A lot of rich people are not related to politics, you are wrong on the concept that all rich people or before you get rich you need to go politics first, that is a big mistake. There are so many ways for us to get rich, these rich people that keep on making themselves richer are those who still working or those who earn passive income on which they have the bug business, and they do invest. Business is one of the common and successful ways to get rich even though there is also a risk on it, well we can do nothing if we don't even take a risk.

I believe in genuine richness and politics is not a way to get genuine riches. Politics is usually taking the general public money as your personal to invest or have as yours and this is stealing. Business investment is way to get genuine richness,  politicians are not genuinely rich. Cryptocurrency  is smart investment to be rich in near future.
4703  Economy / Speculation / Re: Here is why April may be the best month yet for Bitcoin price on: April 04, 2021, 10:09:05 PM
It wiil not be right in my view to set April to be a month for bitcoin gaining.


what has been happening to USD is more like a long term effect on bitcoin that will slowly show itself both in the economy and then is reflected on bitcoin price also.

Somehow I think the dollar and the btc have a different movement that one affect the other. $US is going down and bitcoin is going if you observe that.
4704  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: See why most bounty hunters get scammed on: April 04, 2021, 06:46:18 PM

Maybe if it was not posted on April who knows even you will fall for it Wink,  

Lol because it was an April fool's day should be a good reason they should be careful. Being careful helps to avoid certain things that being in rush can't stop you from falling into. If they took time to look at the thread very well, they may come to see the joke in it.
4705  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt season NOw on: April 04, 2021, 06:11:13 PM

What's important is BTC going up while most altcoins are also going up.

This is another aspect to this time of altcoins bull speculation. Bitcoin is still on the rise and that keeps bringing doubt if we are in the alt bull because while bitcoin dropped in 2018 some altcoins grew faster. I'm expecting bull for the shit coins to know the altcoin has taken over.
4706  Alternate cryptocurrencies / Altcoin Discussion / Re: Any good recent bounty campaigns? on: April 04, 2021, 05:09:08 PM
I don't know you guys didn't mention bubbalex. He is a very reputable bounty manager who runs easy bounty rules, he does disappoint as started in regulation. You don't need to do any stress of receiving reward. He has delivered cartesi and DIA that I saw , I don't know of any other. He doesn't open bounty all the time but if he does, you are sure to receive good reward from the labour.

Bgl rose to a peak of $0.30 and many dumped for profit. Is now currently selling @ $0.07.
4707  Economy / Economics / Re: There must be more banks in the world than number of cryptocurrencies on: April 04, 2021, 03:16:15 PM

It will also provide the security to cryptocurrency. Banks are also good for economy growth and it helps the governments to pay and collect taxes.


This is about the role of banks and which is the major purpose they were established, financial purpose. Banks are  like building or structure created by government to take and execute order from them.


It will also provide the security to cryptocurrency.


How does it do that? If not to serve as store room for fiat keeping and maybe transfer to exchanges like accounts linked to exchanges and that is even provided by P2P. Is that the security you mean here, you could explain.
4708  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: See why most bounty hunters get scammed on: April 03, 2021, 09:49:37 AM

It’s perfectly normal to just buy top performing & trustworthy coins, you HODL & get far more ROI than anything in the bank. Seriously, falling for all these unrealistic promises is so dumb.

This is what you get with experience, you are quite right on it. You can wait for good project after ICO and or when they get into exchange.

Buying existing coins too that you have monitor over time is also good. We don't have to keep playing into the hands of scammers.


"I am ready to work all day 18 hours for $2 sir" and he even agreed to take payment after work. He did not even ask me what the work is, etc.


I won't even consider such person if I were to have something like that for him, that is the height of desperation. A desperate person can only disappoint you if he settles that immediate need at the time.

The caveat is not be believe anything that looks very real to be true. Give in some doubt and allow time to roll with it and you will see the real thing.
4709  Alternate cryptocurrencies / Service Discussion (Altcoins) / See why most bounty hunters get scammed on: April 01, 2021, 08:16:31 PM
Bounty Hunters Don't Read

This thread Explains it

Quote
However, won't be surprised to see another application below  Roll Eyes lol

They refuse to read the thread very well and understand the rules

They are very much in a haste to earn and that is why they earn up being scammed.

They sheepishly follow existing application

They refuse to doubt when it sounds too good to be true

***** Just imagine application kept coming in, in an April Fool's Thread.
Are these applications from bots...

4710  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Vacsino All media Bounty campaign || Budget $100,000 in stablecoin || 1 Month on: April 01, 2021, 05:35:59 PM
I hope I'm not late to join lol. You really took time on this @ OP.

Hunters rushing for stable coins  Grin

But would you have succeeded to fool these size of applications if you did this prank in signature campaign ? No, I don't think Your bubbles would have bursted earlier than you know  Grin Grin

However, won't be surprised to see another application below  Roll Eyes lol

Quote
Introducing Bitcointallk stablecoin,Vacsino bounty
campaign  

Thought from it : Can the forum be working on its own coin?

                      Is April Fool's day  Grin
4711  Economy / Economics / Re: The total value of the crypto currency market is near $2 trillion on: April 01, 2021, 05:14:17 PM
I think you mean cryptocurrency market capitalization. Yes it is getting to $2 trillion.
It was around $1.88t when I checked hours ago but now presently at $1.90t with 3.13% decrease, meaning it was more than $1.90t earlier.

This is the breakdown below

Quote
The global crypto market cap is $1.90T, a 3.13% decrease over the last day.Read less
The total crypto market volume over the last 24 hours is $165.59B, which makes a 17.17% increase. The total volume in DeFi is currently $12.89B, 7.78% of the total crypto market 24-hour volume. The volume of all stable coins is now $118.81B, which is 71.75% of the total crypto market 24-hour volume.

Bitcoin's price is currently $59,076.17.

Bitcoin’s dominance is currently 58.00%, an increase of 1.63% over the day.
4712  Alternate cryptocurrencies / Altcoin Discussion / Re: Does the high gas fee make the altcoin make less volatile from bounty hunters on: April 01, 2021, 04:05:31 PM
Now big problem faced by bounty participants due high gas fees to send or sell coin on the market exchange, but I think problem not from bounty participants but from bounty manager campaign when delay distribution coin with reason higher fees eth. If coin have higher value than fees why have to worry pay little to get more.


They delay bounty distribution but it may not be there fault too because developers or owners may not release coin on time for distribution. This is why is better you follow managers that escrow token before the start of bounty work. If they escrow, they release reward as soon as bounty is ended.

Some bounties too specify duration for release of reward but the problem here is when the token is listed and doing good, you may not get the reward or they try to reduce it and that is not fair to hunters
4713  Economy / Speculation / Re: March has always been best month for BTC with 30% gains the last years on: April 01, 2021, 02:23:07 PM
I don't believe that a repetition must occur in bitcoin this time. But I also don't believe on any month to favour bitcoin and if I should, I could talk about the December month. The December for the year 2017 was good and I believe last December too.

Why I won't look at repetition this time is that everything is different now with bitcoin market. There are different contributing factors now that made bitcoin increase in price and made it popular , that were not there in the past.

We need the information that bitcoin has already bulled since it went pass the last ATH in 2017. Maybe we expect more volatility this April if you say so.
4714  Economy / Economics / Re: I'm afraid of the crypto craze in Korea. on: April 01, 2021, 01:14:37 PM
I'm also a crypto industry worker, but these days, the Korean crypto market seems to be really too dangerous. It is becoming more speculative than investment, very concerned.

I'm not understanding your complaint you are making here. Are you like saying Korea has a different crypto market different from that we know and deal in? You can't talk about Korea as operating in a separate crypto market, we are all involved that why the nature of cryptocurrency is decentralized. Yes it is volatility and dangerous that you can get a lesser value for your investment at the long time. But you can explain better if you mean Korea having a different crypto market.
4715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Low volume coins good for investment now? on: April 01, 2021, 12:48:53 PM

Don't invest in those coins and waste your time. Go for bitcoin and other well known altcoins!

As known to be, yes bitcoin and few altcoins dominate the market. This is a bull time and you see whales who intentionally buy huge number of shitcoins and deceive you to think is good for investment because of the artificial volume they create. They are just ready to dump if you help to pump price by buying. Not all altcoins are valuable this time to buy.
4716  Economy / Speculation / Re: Bitcoin's 100k bubble may not burst ??? on: April 01, 2021, 11:27:34 AM

In terms of the 70% correction, I do expect it to happen as an eventuality. I'd say with some confidence that we'll see some sort of major correction before mid next-year.

The drop can be sooner than mid next year IMO. Taking the scene of 2017 bull , it didn't last the whole year before the cirrection started , it went down to bear. Bitcoin went this high because of covid-19 fears and many investors pushed money to bitcoin. So I think with the vaccine, there will be reduction of cases and confidence may return to the way things were. Some investors are not enthusiasts, so they may cash out anytime there is a little correction and that can cause drop.
4717  Alternate cryptocurrencies / Altcoin Discussion / Re: Best 5 Altcoins to buy right now. My picks on: March 31, 2021, 09:42:28 PM
Bit torrent and holo seem to be doing well but I don't know if it is the altcoins bull breeze also coming to them. Bit torrent is under tron blockchain network. By the way, tron is gradually growing. It is one of the undervalued coin I think.
4718  Economy / Speculation / Re: Bitcoin's 100k bubble may not burst ??? on: March 31, 2021, 07:53:59 PM
I don't know if you are looking $100,000 by this December . I think I'm not despite institutional investors rushing in and hodling. The small hodlers won't allow that because of anxiety to cash out and this is a reason. Bitcoin at the moment has been finding it difficult to over come the $60,000 stage and that for me could be a sigh of a major retracement that we can't predict how it will go but definitely not as going down much because more investors are waiting to get in.
4719  Economy / Economics / Re: Over the Past 300 Years, No Fiat Money Has Escaped Going to 0 on: March 31, 2021, 06:35:28 PM

if at some point we are going to back to gold we need to use gold directly and go back to the old days of carrying gold in our pockets.


Gold system and generation is gone and gone for good. If gold is to be used for money, this will lead to impoverishing of the masses because gold is used as measurement of riches. Therefore it is out of the reach of masses.


Well done, the Pound has indeed been around for hundreds of years and never gone to zero. OP also ignores all the currencies in use currently that have not gone to zero. The USD has been around for over 220 years as well and depreciates slowly and intentionally and it's worked well for a long time.

I think I know that fiat can be devalued either by the government intentionally or by the economic failure in the society but to go back to zero surely means no importance, relevance of governance because fiat is the strength of government which is the reason of the struggle not to accept bitcoin and cryptocurrency because it doesn't give control to few people in government but to the masses.
4720  Economy / Speculation / Re: The reasons why Bitcoin price drops recently on: March 31, 2021, 03:26:10 PM
1.  Powell commented cryptocurrencies as "a speculative asset" which leaded to an adjustment in Bitcoin price but a rising trend in Gold

So what is the reasons Why bitcoin price increasing now? does these News reverse in happening?

and besides Biden is just Considering and not yet happening ..


The reason for the increase may be the news from PayPal for the adoption of bitcoin and other altcoins in there platform. Market could be reacting on that because you can expect activities on the platform.

Bitcoin adopters and enthusiasts are no longer listening to speech like that of Powell about bitcoin being a speculative asset. That was the past fud and business gurus like Warren Buffet have since let go the fud.
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