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4841  Economy / Economics / Re: What is the strangest Fiat currency you have seen? on: February 03, 2020, 12:44:21 PM
This isn't Bill Murray.This is Lincoln.Do you see the small sign under his image?
Every unknown fiat currency,which I see for the first time is a little bit weird to me.I'm only using my national currency+euro,so third world fiat currencies with their weird images look really strange. Grin
When I was a kid,I saw banknotes of 1000 Turkish lira and 1000 Romanian lea (their value is less than 1 euro,AFAIK). That was weird. Grin
4842  Bitcoin / Bitcoin Discussion / Re: Shanghai Stock Market down 8% - Bitcoin’s On-chain Transaction Volume up by 45% on: February 03, 2020, 12:35:49 PM
What if the on-chain transaction volume and the quantity of new wallets are going up because the bitcoin price is going up?This looks like a new price bubble to me?We are bullish again and the optimism dominates the crypto markets worldwide,but I guess this is only because of the upcoming BTC halving.The price increase will bring more noobs,who will buy more BTC,,and therefore the price continue going up.It's a classical price bubble.
4843  Bitcoin / Bitcoin Discussion / Re: Promote bitcoin through any means. It'll work! on: February 03, 2020, 07:46:12 AM
Your youtube video has 11 views,0 likes and 0 comments.I assume that all the views came from the link you posted in your Bitcointalk thread.Try to SEO optimize your video title,description and tags.You can use tools like VidIQ and Tubebuddy,they are free Chrome and Firefox extentions that will help you with search engine optimization.Bitcoin promotion will work if you do it the right way and if you promote BTC to people who don't know much about it.Posting Youtube video links on Bitcointalk doesn't work. Grin
4844  Economy / Economics / Re: Centralized exchanges have become the banks of the cryptocurrency world on: February 03, 2020, 07:36:42 AM
Newly launched altcoin projects are desperate for one thing-promotion.
Listing them on a well known crypto exchange platform will bring them lots of new traders.
Paying for advertising/promotion is completely normal and,if you think about it,it's a form of quality control.
Do you want every newly launched shitcoin to get free advertising and exposure on all big crypto exchange platforms?That would be a disaster for the traders and a blessing for the shtcoin developers,who want fast pump&dump profits.
4845  Economy / Speculation / Re: Top 5 Predictions For Cryptocurrencies In 2020 on: February 03, 2020, 07:15:59 AM
Predictions 5 and 4 are connected to each other,but I don't think that any of them will happen.
Bitcoin price might reach 15,000 USD at that will be the limit.2017 will never ever happen again.
DeFi is bringing a lot of hype and expectations towards ethereum,just like ICOs back in 2017,I'm not that familiar with Decentralized Finance apps and smart contracts.Let's hope that a boost in the ETH price will help for boosting the Bitcoin price.
4846  Bitcoin / Bitcoin Discussion / Re: Twitter adds Bitcoin emoji when hashtaging #Bitcoin on: February 02, 2020, 12:39:46 PM
Twitter has added the emoji as soon as you write #Bitcoin BTC hashtag.
To use it, just type the hashtag of Bitcoin(#Bitcoin) and the emoji will pops up.

Edit: I think it will also work on hashtag #BTC BTC #btc BTC #bitcoin BTC.


At this point,bitcoin is undeniable,unavoidable and unstoppable.
The Twitter CEO is a pro-bitcoin guy,which is good,but who the hell cares about emojis? Grin
Why emojis are so important for the current state of social media platforms?The dumb teens/kids are too lazy to write words so let's make their life easier and make them use emojis. Grin I'm just like,meh,who cares...
4847  Bitcoin / Bitcoin Discussion / Re: Invest Crypto on: February 02, 2020, 12:34:51 PM
I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?

BTC is everything else but safe and stable.If you really decide to invest your 15K USD into BTC,the moment the price collapses back to 7K USD will be the moment you will most likely panic and sell your BTC at a big loss.Trading crypto and buying BTC is not for the emotionally weak people.You have to learn to resist the panic and stop caring about short term price fluctuations.Then,you will have enough confidence and ability to invest in BTC.
4848  Economy / Economics / Re: A glimpse at Japan's economic relationship with China. on: February 02, 2020, 07:11:21 AM
China is said to be Japan's second-largest export destination. It has also been said that Chinese are 30% of what makes up the tourists in Japan. Cancellation of trips incoming and outgoing to China certainly affects its economy, that's why I am under the impression that Tokyo Stocks Exchange (Tosho) will drop even further. The 5-day index shows a 1.48% drop as we speak.

Having said that, we might expect them to look bullish on $BTC until they figure out where else to put the money withdrawn from Tosho. Therefore, I am not buying $BTC at the moment - instead would definitely wait for the dip. CAVEAT.

Interesting theory,but I don't see any panic in the Tokyo Stocks Exchange or any increase of buyer's interest towards Bitcoin,coming from people in Japan.Perhaps they have other options to secure their funds,except BTC.Maybe government bonds and gold.Maybe most of the traders will not withdraw any funds from the Tosho,because they are confident about the corona virus crisis coming to an end soon.
4849  Bitcoin / Bitcoin Discussion / Re: Why not we donate some Bitcoin for corona virus? on: February 02, 2020, 06:52:11 AM
Do you really think that China needs MONEY(it doesn't matter if it's crypto or fiat),in order to fight the corona virus?The Chinese government has enough resources to fight the virus,donations are not needed.All China needs right now is a working vaccine against the virus.All the pharmaceutical and medical experts in the world  have to unite forces and create that vaccine.They don't need any money.
4850  Bitcoin / Bitcoin Discussion / Re: What has bitcoin done for you? on: February 02, 2020, 06:38:12 AM
The question "what has bitcoin done for you?" seems wrong for me.Bitcoin is just a tool,I consider bitcoin to be an opportunity that we can take advantage of(if we put enough effort and time into learning and earning).Most of my online income ever since 2016 came in the form of BTC,so I can say that,in one way or another,bitcoin saved my life and helped me escape poverty.
4851  Bitcoin / Bitcoin Discussion / Re: Cyber Criminals are now exploiting the name of hacker group Anonymous on: February 01, 2020, 01:05:57 PM
I don't know if those hackers are the real "Anonymous" or some imposters.It's really hard to find out.
What does "exploiting vulnerable crypto markets" mean?What makes a crypto market vulnerable?I guess the article author means crypto exchange platforms with security vulnerabilities.
Nowadays everyone with a brain will not trust such "promises that make everyone rich".
4852  Bitcoin / Bitcoin Discussion / Re: How Blind Person Access Bitcoin? on: February 01, 2020, 12:46:53 PM
I read the article, how a person of disabilities especially blind person can access Bitcoin. https://coolblindtech.com/developer-making-the-first-bitcoin-wallet-for-the-blind/. Are there any wallets like electrum, ledger or Bitcoin core can access by blind people?. And I am searched about Bitcoin Bitcoin Whitepaper in Braille project, but still not continue or I am missing something?, let's me know, I want to help my friend.


Why would a blind person use bitcoin?To buy something?To invest?To trade cryptocurrencies?To gamble,which is impossible,because online crypto casinos and crypto exchange platforms aren't user-friendly,when it comes to blind people.This topic is quite interesting,but I don't see any benefit that bitcoin could possibly bring for the blind people.I've never heard about Icywallet and I don't trust such wallets.Use with caution.
4853  Economy / Economics / Re: On market capitalization (again) on: February 01, 2020, 07:35:31 AM
Market capitalization can be partially useful only,if we use it to measure the value of a company,not a market or an asset. Bitcoin is NOT a company.
The value of a company can be boosted using loans and leverage,so the market cap of the company's stocks can be overvalued.Nevertheless,measuring market cap is completely useless,it's like measuring the amount thin air inside a room.
4854  Bitcoin / Bitcoin Discussion / Re: British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout on: February 01, 2020, 07:01:53 AM
Some hackers can be dumb.Not using multiple wallets and addresses,not using bitcoin mixers,not dividing a large sum and depositing it into multiple crypto exchange accounts(with different IPs,emails and other data).
This is good news.Every ransomware hacker worldwide has to be punished and his identity has to be revealed.I'm sick and tired of all the "bitcoin-ransomware" FUD that gets spread every day.
4855  Bitcoin / Bitcoin Discussion / Re: Change mainstream media's perception on "Bitcoin being used by thieves" on: February 01, 2020, 06:39:47 AM
I keep seeing the news that "Bitcoin is used for drugs", "Bitcoin is primarily used by thieves" pretty much every other day. The well informed people know that it isnt true but the mainstream media's perception stays the same. How do we change it and can we?

We can't.Bitcoin is really used by the criminals.Fiat is used by the criminals as well,but nobody is talking about it.Only simple minded people care about the mainstream media nowadays.What you call "mainstream media" is just a propaganda machine that serves the rich and powerful elite.Just ignore all the news about bitcoin and move on.This topic has been discussed 100 times here.It's pointless to continue with the same questions.
4856  Bitcoin / Bitcoin Discussion / Re: Is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? on: January 31, 2020, 01:17:44 PM
After holding the meeting a few days ago, the guys we talked to have been on our nerves. We aren't surprised tho cause we saw it coming. They come with different questions at different tines, phone calls and all, and there's no way we would refuse to continue tutoring them. It's not like I don't have the time but.... Something like this, isn't it worth being paid for? I mean, we informed them for free, and we gained nothing (just went back to our houses) and even after then, they still come with different challenges.
Some of them who were there when we announced the meeting  date, they didn't come but still come back individually to request explanations. So I ask, is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? Cause we've gotten nothing for as long as we've worked.

Well,never share your phone number with many people.That's my first rule. Grin
Second rule-If you wanna tutor those people without having to talk with them,just write everything you have to share in one ebook and share that ebook for free.You can include a "frequently asked questions"(FAQ) chapter in the ebook.
There's nothing wrong to charge a fee for your seminars,but your audience will be way less than before.
4857  Bitcoin / Bitcoin Discussion / Re: First Time Bitcoin Buyers on Square Have Doubled Since Last Year on: January 31, 2020, 12:48:23 PM
Cash App looks very promising.Paypal gets worse every year,with their constantly increasing fees and incredibly weird policies.If you are a business owner accepting payments via Paypal,they basically own your money and you are their slave.It's good to know that PayPal's competitors like Square gain recognition and try to expand into the crypto world by accepting Bitcoin.
4858  Economy / Economics / Re: Dow Jones Price Drop & The Corona Virus? on: January 31, 2020, 07:53:16 AM
Seemingly the latest news of the sudden Dow Jones price drop saga is aimed at "The Corona Virus". A little known about deadly virus causing death and despair. Amazing if true, how a  virus can effect the world's economies in such a way? Is it a cover up for something else? As usual any thoughts or comments are more than welcome.

The Corona Virus will hit the Economy of China for sure,but I doubt that it might hit the US or global economy really hard.After one month,the virus will be under control and we will forget about it.
By the way,today is Brexit,I don't know if it's going to influence Dow Jones and the global markets,because it was an anticipated event,but the global markets are becoming more and more sensitive about everything that happens around the world.
4859  Other / Beginners & Help / Re: If I want to explain to a 10 years boy.what is blockchain?How should I explain? on: January 31, 2020, 07:37:19 AM
You don't have to explain that to a 10 year old boy.10 year old still don't know how bank,fiat money and taxes work.Wait for 3-4 years and then try to explain how the blockchain works.
I have a very oversimplified explanation:The blockchain is just a bunch of servers connected to each other,and every time there's a transaction between person A and person B,all those computers have to confirm the transactions using complex math tasks.Yes,it's oversimplified and kinda wrong,but a 10 year old might get it.
4860  Bitcoin / Bitcoin Discussion / Re: "Priceless" Bitcoin commerical on: January 31, 2020, 07:07:10 AM
It's time for revenge.We should create some jokes about gold.

"I didn't forget where I buried my gold.My gold forgot where it was buried!"

"I have gold,but my bank don't wants to give it to me.They forgot my password."

"I have gold,but no Mcdonalds or KFC accepts gold payments,so I'm starving to death."





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