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501  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 01, 2023, 11:34:40 PM
While the teams are getting ready for the next season and they are in the training camps but there is a chance for some players like Bernardo Silva to leave Machester City and join Barcelona in the next season.
However, because of the financial problems they have there is not much chance for Bernardo Silva to play in La Liga in the next season and Guardiola doesn't want to lose this player too.
But for any reason, if Bernardo Silva leaves Manchester City there will be hard days for this team to find players.


Bernado Silva is very important with Pep Guardiola and Manchester City and if I am right, Pep Guardiola at least did not want to lose Bernado Silva and in the past, he tried to prevent his transfer to another club. He successfully convinced the player to stay in Manchester City and together they won three titles in the past season with Champions League trophy is a most wanted one in the club history.

Bernado Silva surely can find new challenge as well as new opportunities and fresh experience but you are right too. Barcelona will need a lot of money to buy Bernado Silva from Manchester City and they must give him very high salary. I don't think Barcelona have both conditions but they will need one more important condition. They must be competitive enough in Champions League as Bernado will not be happy by playing for a club that easily drops to Europa League knock out matches after the group stage in Champions League.
502  Bitcoin / Electrum / Re: ELECTRUM HELP on: August 01, 2023, 01:34:10 PM
Only download the wallet from https://electrum.org/ and verify GPG signatures before funding the wallet.
You forgot to give that user a link of [GUIDE] How to Safely Download and Verify Electrum

Electrum is available for Android mobile devices too.

Three resources to learn more about Electrum wallet
Electrum wallet documentation.
Bitcoinelectrum.com (Unofficial guide for Electrum wallet).
Bitzuma.com.
503  Economy / Trading Discussion / Re: Do exchanges impact the performance of newly listed token? on: July 31, 2023, 10:33:00 AM
For me, this kind of event is also huge especially if a token is listed on a popular exchange.
Most the popular exchanges now have a team that is doing research on a project before they will be listed on their exchange because they only want quality projects listed on their exchange to also protect their users.
They do it to reduce risk of listing scam projects and it is helpful to protect their exchange reputation as well. However, there are other reasons why exchanges proactively do this. They want to find hidden gems, build games and get profit from games on their exchanges.

They can accept tokens from projects for listing as listing fee and if games work like token rises x10 or x100 after listing, exchange will have x100 money from initial listing fee.

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Another thing is most of newly listed tokens these days are hyped, few minutes - hours of trading, you will see the price of the token listed is extremely pumping but after some time, it's going down.
I would like to avoid touching those new tokens as I see risk and I know games that are built with hypes, pump and dump will lose momentum and price will have very bad corrections later.

Listing does not make intrinsic value of a token increases so when hype goes away, token price must be pulled back to its actual value.
504  Economy / Trading Discussion / Re: Names of Price Patterns and steps to use them for when trading. on: July 31, 2023, 10:22:25 AM
BTC graphs/ price patterns in particular always looks like an artist painting, with each having a name for the slope or curve or depth or whatever symmetrical graphic display to express its market position at the moment.
These price patterns help traders know when best to buy or sell, that's if they can properly identify and interpret what the patterns infer.
You must be artist to draw fancy patterns on chart but it won't help you to succeed in trading.

If all patterns work like how they are taught in schools, courses, many people will get rich because they know about patterns and are able to draw fancy charts to predict the market movement accurately.

In actual trading, mostly patterns don't work how they should be and who bet with patterns will lose money. The market whales, manipulators know about patterns too, maybe understand about patterns more than newbie and amateur traders so they will direct tumhe chart to their favorite patterns. At the end, they boost the market to an opposite direction than it should move according to patterns.
505  Economy / Trading Discussion / Re: How to close this position please on: July 30, 2023, 04:11:21 PM
I just ask, do you have a deep knowledge of margin trading? Because if you suddenly come up with no idea or knowledge it is no wonder if you lose the margin trading. As far as I know, you won't get any benefit if you don have any deeper experience there.
Margin tradings are high risky but cross collateral margin is more risky than isolated margin. With isolated margin, you will only lose your collateral in that isolated position but with cross collateral margin, you will lose more because your collateral is cross, not isolated.

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I've been here for a few years in crypto Trading I haven't tried margin trading yet because I know my capital will goes to nothing only, instead I do trade on spot most of the time.
Many warnings but many people feel interested in margin tradings because some successful traders show their big profit with margin tradings. It cause newbies, amateur traders to jump into margin tradings as successful traders did not warn newbie traders about risk, forced liquidations.

You made good decision by say no with margin tradings by the way.
506  Bitcoin / Bitcoin Discussion / Re: Can you use Bitcoin to pay everything online? on: July 30, 2023, 02:30:42 PM
You can set a fee that will most likely ensure that your transaction will be in the next block, but that can still take up to 10 minutes to get confirmed, and even waiting for, like, 5 minutes at the counter when paying for groceries is such a long time. And you're right that the cost of the transaction is also likely to be significant, compared to the small amount a person is spending.
Waiting time is long and 10 minutes, the average block time is long but sometimes we will get a first confirmation within a few seconds, one or few minutes less than 10 but it is when we are very lucky.

Waiting 10 minutes even when we use high fee rate to buy something at groceries is painful.

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I think a solution to that is centralized services that rely on custodial wallets, or just using Bitcoin only for big purchases. Both have their downsides, of course, and point at limitation of BTC on-chain transactions.
If you use custodial wallets, you will over pay transaction fee because they always charge you very high transaction fee to get profit from it. You only can save transaction fee if you use non custodial wallet. Sometimes it is more painful when you use custodial wallet like exchange account and they proceed your withdrawal with low fee rate. You can not do anything, just wait for them to re-proceed it for you.

Voila! You are right! Bitcoin is not capable of handling micro transactions and it is expensive to spend. Which makes Bitcoin a very bad currency system. It's more of an asset class than a currency system. It can not compete with the current payment solutions we have in the market. Bitcoin can not compete to become a currency system. It's an investment asset.

Some bitcoin puritans will still argue. But that won't change the truth!
I agree that Bitcoin transaction fee is expensive with many people even when Bitcoin mempools are normal, not too overloaded. When it is overloaded, congested, transaction fee will be very expensive and we can not compare Bitcoin blockchain with Ethereum blockchain and say it gives better transaction fee. It is better than Ethereum but nothing to be proud about it.

To have more adoption, Bitcoin transaction fee should be cheaper.
507  Economy / Trading Discussion / Re: How to close this position please on: July 30, 2023, 02:04:49 PM
https://ibb.co/JtvXTxy

I opened it by mistake I want all usdt back
Kucoin Help Center: How to Use Isolated Margin Trading (App).

If you opened a position by mistake, you want to close it, you must accept your loss if it is temporary loss and you want to close your position instantly.
If you want to wait for exit with a draw, let's wait but price maybe moves worse for your position.

So you must decide to exit it now or wait.
508  Bitcoin / Bitcoin Discussion / Re: I'll always tell people about bitcoin on: July 30, 2023, 01:18:40 PM
Nothing wrong with telling people about bitcoins, especially people that are not familiar with crypto currencies are likely interested in the topic. It's always better to learn something from a conversation with personal experiences than to read about it in article.
I can have old school style but I like to learn with documents, articles, books than listening to podcasts, watch videos because I can not hightlight, bookmark important points. When I need to check back, it is hard to do it with podcasts and videos.

If I read articles, blogs, books before I join a conversation, I can ask more useful useful questions and get more helpful answers. Reading is like my preparation for face to face conversations and it helps me to avoid overwhelming information.

If we only talk about the advantages, emphasize the profits, and ignore the risks of telling bitcoin to others, we are doing them more harm than we think we are helping them make money. Yes, bitcoin is a riskier investment, if not the riskiest, when compared to traditional investments. But many people are under the illusion that investing in bitcoin is risk-free, it will always profit them. Don't forget that the higher the return, the higher the risk, fantasizing too much about bitcoin is like killing yourself.
All things in investment, trading have risk, low or high and if we skip about risk in our conversations, we will make our information is unreal. Some people who are naive will believe us but most of rest who are well minded will question about accuracy of our information.

It is our failure if we get such suspiciousness from people who are introduced about Bitcoin by ourselves. It is better if we don't talk anything and let them to learn about Bitcoin naturally. If we proactively make introductions, we must do it professionally by not excluding risks.
509  Economy / Trading Discussion / Re: Do exchanges impact the performance of newly listed token? on: July 29, 2023, 11:15:11 PM
Binance have been adopted with new rule of newly listed token, current coins listing from launchpad and Arkham coins have been push up more than 10x from launchpad pre sale.  Its worth and five minutes after listing there are not any buy or sell order under $0.5 based on pre sale when launchpad on $0.05. I think is very good ideas adopting for newly listed coin on some exchange how to protect about coin reputation from lower price after first time listing on the market.  They have make price target from first listing until 5x or 10x depend on how interested with their coins when pre sale release.
It is not organic and only pump game from Binance and project. You will see those launchpad tokens dump hours and days later. Some tokens take months to complete their dumps before you can see their accumulation, consolidation phase which you can exploit to have profit.

Value of a project does not x5 or x10 after listing so it is only game, not shows real value of the project and its tokens.

Buying those Launchpad tokens a few days, weeks after listing is risky and like gambling. If you afford to lose your money quickly, you can try.
510  Bitcoin / Bitcoin Discussion / Re: I'll always tell people about bitcoin on: July 29, 2023, 02:21:29 PM
There's nothing wrong when you tell people about bitcoin, since you didn't force them but only introduced something new that could changed their life if they take your advice, you're not doing something wrong and don't get disappointed when some individuals don't invest.
It is easy to tell it to someone but you must be responsible for what you tell them. At least must be responsible with information, knowledge you are sharing with them.

If you do things related to capital, investment, you must be more careful. It is their money but if they invest and lose money, they feel disappointed and might knock your doors to complain. You must prepare your mind for such pitty situations which I am sure you will not want to face with. It is headache and unneccessary to deal with. If they get rich, they might forget you and how you share them opportunity, but when they get loss, they will always remember about you.

Recently, If I should tell someone about BTC, I will give the person a list of risks that are associated with investing in Bitcoin and repeatedly tell them to invest with the amount of money that they can afford to lose.
It is not my financial advice for you and I only share you information that you must do your due dilegent research to verify my words. Lastly, if you invest, it is your decision and you are responsible for it with whatever results at the end. Always afford to lose before you invest.

I will say like that.
511  Bitcoin / Bitcoin Discussion / Re: Just Another Good Source Of Motivation For You ... on: July 29, 2023, 02:01:20 PM
I agree with you in principle, but it is difficult to find individuals who have the luxury of saving 100 to 200 dollars for several years and then waiting for several years to achieve wealth. Most people do not have enough money for food and drink expenditures.
The solution can be to try to reduce it to a minimum and then try to have a surplus, but this requires severe discipline, as human nature loves spending a lot.
Life is not always rosy and we must have savings as our plan B when we lose our jobs or our salary drops or for emergency. Using all money we receive each month is risky for our future because when emergencies come, we have no savings to deal with such.

It is more popular in GenZ as I read many articles on newspaper that they use all money because they see it as how they enjoy their lives. They follow YOLO, You Only Live Once, buy luxuries, traveling and don't care about future.

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This is if we ignore problems such as unemployment, high taxes, customs duties, inflation, exchange rate problems, insurance, etc.
The pandemic gives them lot of warnings because many people lost jobs during pandemic and after that. I believe many people did not imagine such terrible things will come to their life.
512  Economy / Gambling / Re: Exploring the Math Behind Crash on: July 29, 2023, 08:10:07 AM
I have found a very useful video which explains the mathematics and probabilities behind the game Crash and why beating the game with a low multiplier strategy in the long term is almost impossible. Anyone who has played on the Roobet Cryptocurrency Casino should know about it since their code is open source, which is available to everyone but you would need to understand the code itself to make any sense of how it works.
People must have a fresh mind and appropriate gambling approach before they start gambling with any sort of games. If they start with a bad approach, want to gamble to get rich and especially to beat casinos, they will pay very high cost.

The point with crash games is gamblers will be more greed when their adrenaline increases more and they will not stop before their spaceships, cars, whatever in the crash game actually crashes and explodes. With crash games, I only play with minimal amount allowed by the casino as I only try my luckiness with small amount and high multiplier. If I fail, I stop and I don't aim at beating the casino because I know it is unrealistic.

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However, there is a youtube video which explains it from a simple mathematical standpoint, so even if you do not have the necessary coding knowledge, it is still easy to understand.

Video Link: https://www.youtube.com/watch?v=F1HA7e3acSI
You shared an informative and insightful video about Crash game and its mechanism. Thank you.
513  Economy / Trading Discussion / Re: Are memecoins tarnishing the image of crypto? on: July 29, 2023, 08:04:25 AM
Every day, thousands of memecoins are launched, and unfortunately, around 95% of them turn out to be scams.
I agree most of meme tokens, tokens not coins, are scam but I disagree with you that every day, thousands of meme tokens launched.

Would you mind sharing sources of this figure, please.

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This scam epidemic is affecting many people, especially newcomers who lack experience and are more vulnerable to such scams.
Can you change them?

If they are greed, let them be and they will stop their greed and stupid investment style when their losses hit their limits. Because they are greed, they are vulnerable to all types of scam, not only scam meme tokens in cryptocurrency market.

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Unlike DEX, these platforms provides more security, reducing concerns about being unable to sell,or removal of LPs.
Removing LPs is called as rug pulls but scam projects can scam exit even they already listed on centralized exchanges CEXs. Newbies should not think if a project is listed on Binance, it is not a scam project.

Rug pull definition, what is it?
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The definition of a rug pull is a malicious maneuver in the cryptocurrency industry where crypto developers abandon a project and run away with investors’ funds. Rug pulls usually happen in the decentralized finance (DeFi) ecosystem, especially on decentralized exchanges (DEXs), where malicious individuals create a token and list it on a DEX, then pair it with a leading cryptocurrency like Ethereum.
 
Rug pulls thrive on DEXs because these types of exchanges allow users to list tokens for free and without audit, unlike in centralized cryptocurrency exchanges. Furthermore, creating tokens on open source blockchain protocols like Ethereum is easy and free. Malicious actors use these two factors to their advantage.
514  Bitcoin / Bitcoin Discussion / Re: Bitcoin foundation on: July 28, 2023, 02:54:39 PM
So why is the number 21 million so important? Is it a magical number or your religion?
The number is not important as if it can create value, altcoins including Bitcoin forks should have good value. In fact they are dead coins with no value. With failures and deads of Bitcoin forks, altcoins you can see the number fails to create value if there are no good fundamentals, strong hashrate, good decentralization, good developments.

Some altcoins try to set shorter havling cycle like one year or two years but fail to have good halving bull runs.

There are some insights about that number but only Satoshi Nakamoto knows why he used that number. He explained it in some of his emails.

How is the 21M bitcoin cap defined and enforced?
515  Other / Beginners & Help / Re: Searching for articles or talks of long-term (10+ years) Bitcoin hodlers on: July 27, 2023, 11:28:09 AM
Find them and their stories in [Interviews] with Bitcointalk members.

One of very oldest members of forum but unfortunately, BitcoinFX was inactive since January. It's very strange because he was actively in forum since 2017 when I joined Bitcointalk.

Two members celebrated their 10 years recently
EFS and minifrij
Jet Cash, a holder and an octogenarian.
516  Economy / Economics / Re: Can Twitter Stock Experience the same Rise? on: July 27, 2023, 11:17:59 AM
The platform has been achieving annual losses since 2011 and has only achieved revenues for two consecutive years during the Corona period (quarantine), then its revenues declined further during the first half of the current year 2023 by 50 percent, despite the fact that Elon Musk’s decisions were to lay off half of the employees and impose fees on Authentication marks.
I don't know did Musk read those financial reports before he tweeted that he will buy Twitter and stucked with that deal?

If Elon actually read such reports but still wanted to acquire Twitter, he did it for his vision to build his super application X. Buying Twitter is his first step to build up X ecosystem, all in one like he tweeted.

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These measures led to the opposite results than what was expected, and the most important thing that happened was the decline in the number of users of the platform, including well-known companies. What can be expected from a platform that loses and still needs financial support?
I think the decision of Elon Musk to lay off half of Twitter staffs months ago as well as tried to sell some assets of Twitter are good decisions.

However it has side effects that serious decisions which were made abruptly by Elon Musk caused a lot of fear in Twitter investors as well as companies, corporations that want to advertise on Twitter. Twitter lost a lot of advertisement deals after latest strategic changes from Elon Musk.

The "X" rebranding is one of the dumbest things I have seen from a company. The brand name is part of the network effect that has made Twitter into one of the largest social media platforms. He is trying to turn it into an app that does more than just social media but if the core part of what attracted people in the first place is being run so poorly how can we really expect X to have success building on top of the current foundation. Twitter is already losing a lot of money and they will lose more by adding new features nobody really asked for.
He is obsessed with the name X years ago with one of his companies and X.com used to be a domain name of Paypal. Elon Must planed to build up X like a supper app that is a USA. version of Wechat. He will not build it as a copy cat of Wechat from China but he wants to have such massive usability for his X and Twitter is a first brick for his X.

Elon will add more products on top of Twitter, now X.
517  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 26, 2023, 02:23:52 PM
Testing new players as well old ones too and watching, assessing their capabilities while playing all the while formulating new strategies too. Seeing the performance put up by Arsenal last season, it wouldn’t be wise to underestimate them but Barcelona is no push over either.
Both clubs have their tradition to use young players from their own academies. Quality of young players provided by their academies are not stable and they have to use more old or more young players in some seasons but as all other clubs, finding good combinations between young and old players is important.

If young and old players can support each other, performance of a club would be good. A good coach is able to use players and get that balance in the squad.

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Both teams are top teams in their respective leagues and it would be interesting to see who would come out on top.
On the matter of if Gundogan would be fielded in the game, I’m also curious. Gotten so used to seeing him in a Man City jersey.
They are rising in the last two seasons and are reclaiming their positions in domestic leagues. In Champions League, both Barcelona and Arsenal have yet belonged to top and they still have to improve many things.
518  Economy / Trading Discussion / Re: For newbies and plebs who want to self-study to become "traders" on: July 26, 2023, 02:06:35 PM
What he says is the truth. Many that write those books and have those seminars aren’t good traders at all. If they were they would trade instead of wasting their time with writing books and having seminars.
They can be successful traders and still write books, host seminars if they love those activities but very few people fall into that group. You are right that most of people who host trading learning courses are not successful traders. Most of them are not successful traders and host courses to get money.

It is important to say if they are successful traders, and you learn from them, it won't guarantee that you will become successful traders like them.

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And he is correct saying most will lose money. Trading is hard and it’s why many give up after a few months or years. If it was easy then most people would trade instead of working some boring job.
Investing will require less time and effort if you pick a good one. After that, just buying, accumulating and holding till a day and price you want to take profit.
519  Bitcoin / Bitcoin Discussion / Re: Ledger Confirmed That Government Can Get Access To Your Fund on: July 26, 2023, 01:50:27 PM
The current sitting CEO has also confirmed this in a podcast - there's a short clip in the link:

NEW: 🚨Ledger CEO "The only concern is if we get subpoenaed by a government" 😱👀

Although he tried to downplay it by saying it's not a real concern, we all know how hostile the governments are/can be to cryptocurrencies hence you never know + this breaks the concept of self-custody.

Why should people pay to get additional risk on their way?
With this and Ledger Recovery Service, Ledger makes more fear among their customers and I am sure many of Ledger users will consider and already chose to use other hardware wallets.

The answer from Ledger CEO is risky but see why do we need a non custodial wallet, buy a hardware wallet, Ledger. Then if government send a subpoena to Ledger company, they will get keys of our coins.

It is not how hardware wallets were created and if a hardware wallet no longer provides such products, no reason to use that hardware wallet.
520  Economy / Economics / Re: Can CBDC users lose control of their money? on: July 26, 2023, 03:33:45 AM
I'm sorry ser, but you are very very wrong, and I'd advice you to be very careful in carrying that kind of thinking with you.
Maybe he should read [GUIDE] All About Central Bank Digital Currency (CBDC)

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A CBDC is a centrally programmable digital currency issued and controlled directly by the government itself. It's not like "mobile banking", it bypasses the banking system, and they should actually be made illegal. There should be a separation of Money and State.
CBDCs are from governments and central banks and I think they will be made legally at least in their nations. Their governments and central banks that create those CBDCs will accept their own CBDCs legally.

I guess you wanted to discuss that CBDCs will be considered as illegal at global scale. Like a CBDC in one nation will be considered as illegal in other nations or by IMF. Is it what you meant?
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