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5341  Economy / Trading Discussion / Re: Own Diligence is recommendable before engange in any Crypto investment on: February 15, 2020, 03:05:49 AM
The basics of starting an investment is to KNOW what you're investing in. There is also the issue of how much you're willing to invest, and what type of investment you're going for. Various scams and the like going out and about on the internet, so determining which one of them is a scam and which is legit is one of the things you have to study in..

Lastly, do not be afraid to lose money. Every investor has had that kind of experience before, and taking a loss is a natural thing in this field. If you think taking a loss is profitable, then do it. That's why there's the idea of, investing only what you can lose after all.
5342  Bitcoin / Bitcoin Discussion / Re: Sending Bitcoin safely through snail mail? on: February 15, 2020, 02:18:23 AM
Which country you are at anyway? And how bout distance of you to the receiver? If you want a guaranteed transfer, you can try setting up some form of time limit for the storage device to be used. Of course, you can encrypt it for double the safety, but probably making it delete itself or altering the seed phrase itself after a set time has passed seems quite nice.

I'm pretty sure mail services only check the item itself, its physical form and they don't particularly pay attention to what it's contents are. You can put the SDcard (or whatever your planning to use) together with a bunch of random stuff, for example, souvenirs and the like, and hide it there. Kind of like, creating a secret compartment of sorts?
5343  Bitcoin / Bitcoin Discussion / Re: What if a significant inflation happen worldwide? on: February 14, 2020, 04:54:21 PM
Possibly. If we take into account the loss of value of USD and other fiat currencies, using BTC instead could be the way to go. Just that, I doubt the government would readily leave the fiat currency with just that. They'd probably look for a way to reset the market, restoring order. Not only that, afaik, if an inflation hits the globe, society itself would also become heavily affected, whether it be in terms of fiat currency or in terms of product flow, everything would be hugely affected. Sure, there are possibility that we would come back up from it quite nicely, but damages would surely be done, and I doubt only fiat would be the only one affected. The cryptoscene would probably be affected as well, one way or another.
5344  Bitcoin / Bitcoin Discussion / Re: Happy Bitcoin Valentine's Day! on: February 14, 2020, 03:13:14 PM
I just hope they actually know what to do with the paper wallet you gave them. Or at least, they have the will to at the very least, visit the sites you gave them to learn more about BTC. A pretty nice promotion as a sideline as well IMO.

Still, hope you had a nice try with your endeavor and Happy Valentines to everyone in the forum!
I like the idea of sharing your blessing to random people on the street,

Continue the great idea you have and hopefully you also share this to homeless people, they need it more than those people you just crossed walking on the street, they have more capability to provide their needs than those people who are really in need.

Happy hearts day to everyone!
Honestly rather hard to share paper wallets towards homeless people. Fiat, possibly, which is IMO a lot easier to give out. Cryptocurrency is still a tad bit advanced that the world needs to advance a lot more for it to become mainstream.
5345  Economy / Speculation / Re: Bitcoin Price Hits Fresh Yearly Highs, Profit Taking Push the Price Below $10000 on: February 14, 2020, 03:08:28 PM
It was probably just a few people selling off their coins, exiting the market peacefully. This holds only temporarily though since I believe the strength of FOMO in the market is quite strong. The start off of the year is actually quite nice since the market hasn't really experienced any huge drops so far, and is mostly about correcting the price of BTC before pushing through once more. The FOMO itself is making itself increase, especially if you see the growth of BTC from the start of the year.
In 2017 we were focusing on too much about adoption and just using it everywhere, there was ton of new people and all of them came here to either make a profit or spend it somewhere like simple stuff such as paying your bills with it etc.

Nowadays we got smarter, we want bitcoin to be money itself and we want it to be used everywhere, but the main reason people use it is to get richer, they want to buy bitcoin low and sell it high so they could have more fiat currency in their real wallets. So now in the past 3 years, instead of using it on amazon, steam, microsoft or whatever, we have actually hyped the financial institutions with it, the wall streets of the world because that is where bitcoin could actually find itself a home and be adopted heavily as well.
I guess so. But really, most of the traders participating in the BTC market are all in it for the profit, BUT they do advocate the idea of BTC being a mode of currency transaction. Both are being done hand in hand, and as such, has made quite the development in the crypto scene IMO.
5346  Economy / Speculation / Re: Can the Outbreak of CORONA Virus lead to Increase ..... on: February 11, 2020, 05:18:36 PM
No. I mean, sure, the nCov is spreading like wildfire, news are covering it every day, but I doubt it could affect the market, and even if it did, it wouldn't affect it by that much. There's a limit to the influence a single virus can do, especially since if you consider the speed of reaction of the world regarding it, unless it's a very complicated virus that would take decades to counter, then it shouldn't. But it isn't. There are already victims of the nCov that are already healed or at least, has removed its symptoms already so at the very least, it is shown that the nCov virus is curable.

A solid increase of BTC should only happen based on crypo related news/ demand and supply. That way, we can ensure that it isn't caused by an external factor "temporarily" which ultimately, imo, has a negative effect on the market of BTC.
5347  Economy / Economics / Re: How a Global Epidemic is helping counties see the bigger picture on: February 11, 2020, 04:05:39 PM
No. It's more like the world found a common enemy, and so, temporarily made an alliance to counter that enemy. It's the usual plot where as long as a danger of sorts that a single country could not tackle alone, other countries would come and help to the rescue because they know. They know that if they didn't help, they might be next. Once the danger is gone, they'd probably be at each other next afterward. You should also note that a lot of people in the world are selfish. The Chinese community would probably be hit by a lot, and by a lot, I mean a LOT, of criticism, judgment and the like from other countries, especially those people whose families have been affected by the nCov virus.
5348  Bitcoin / Bitcoin Discussion / Re: How to Throw a 10K BTC Party on: February 11, 2020, 01:39:08 PM
$10k got tested alright. Just that, it failed. It all about lasted a few hours at most? And now, here we are again, back to waiting till BTC pushes through $10k. Sides, $10k isn't really a huge mark imo. I'd rather make a post about BTC exceeding the latest ATH instead, which is a much more solid achievement right now. Still, rather than a bitcoin themed party, just a normal one would do. Even a normal gathering at a family restaurant somewhere seems like a nice idea.

A feast during the plague coronavirus , I agree that it would be better to send this money to help in the fight against nCOV, where this money can be much more useful and necessary. Well, or to hold a party, and at it a charity auction or just a voluntary fundraiser.
Give the guy some slack mate. Not really his/her fault that the $10k mark coincided with the virus spreading right now. Sides, money spent is decided by the owner no? Not by the circumstances. Even if the whole world is about to die, as long as one guy refuses to spend his/her earnings for the world, what right do we have to get mad at him?
5349  Economy / Speculation / Re: Monday is a good time to buy BTC? Is that proved one more time? on: February 10, 2020, 04:02:25 PM
Not really. Changes can pretty much happen any day, and solely blaming the drop of BTC to below $10k because its "Monday" Seems stupid to me. And another thing, we've seen small corrections such as this in the past month already though. When BTC reached $9k, $9.8k and so, it didn't always go on the rise continuously. It has had weeks where it went down a few hundred dollars, but it still managed to push through and break past the $10k, so nothing really weird about it IMO.

Plus, really? You were expecting BTC to reach $12k in this short span of time? You know that is close to impossible right? BTC has been at the $10k mark for at most a few days only. It's close to impossible for it to suddenly push for $12k without any notice to the market. And even if it were able to do that, just the fact that it jumped $2k from its current price is enough to cause a small - scale crash of the market.
5350  Economy / Economics / Re: Gold vs. U.S. dollar on: February 10, 2020, 03:56:02 PM
I don't think so? I mean, if you think about it, one side is a store of value, and as long as its rarity is seen by the world, I doubt the Dollar could exceed it. On the other side, we have a currency backed by the government that keeps pushing for economic development that they have accumulated so much debt already. The only possible chance of Dollar exceeding Gold is when certain circumstances happen to Gold, much so that it is shaken so badly that the market decided that the rightful price for it is below that of a dollar.

As for investment, naturally gold. There are also stocks there that could be invested on that are almost at the same level of gold. Naturally, there's BTC, but I'm pretty sure you already know that.
5351  Economy / Economics / Re: Lbc Talk on: February 09, 2020, 04:31:40 PM
Just wait it out I suppose? When was the transaction made even? Just hold on to the escrow and don't release it, you should probably be fine and all. Probably just a delay or some sort for the buyer side, Idk. If issues still persist, you can try asking their support for what to do? They should probably be able to answer you. Well, even if they don't, you still have the escrow at your hands. Don't release it until you get the funds, just wait it out.
5352  Other / Beginners & Help / Re: Does Rooted Mobile Devices Good or Bad? on: February 09, 2020, 04:27:24 PM
It depends on the user, the purpose, and the phone I suppose? I'm not particularly sure but the latest phones should be able to somehow replicate what rooted phone does without the need to do so, but still lacking in some aspects.
Purpose, if you wanted to have full access to your phone, then go. If not, and you just want to root for the sake of it, why even bother? Waste of time and effort.
As for user, well, as long as the user is an experienced one, a rooted phone isn't all that bad. On the contrary, if you're a newbie regarding it, I'd suggest to completely avoid rooting your phone. You might lose it after a single week or so.
5353  Economy / Trading Discussion / Re: BTC/USD trading without Bank Account on: February 09, 2020, 10:33:19 AM
You are right, I didn't know much about the stable coins, I just read about them once but didn't think of using/trading.
Stable coins fit my needs as their price would remain constant irrespective of the price of Bitcoin(my previous assumption for wrong).

I believe that most exchanges would allow me to trade, with some maximum threshold, without the need to fill out the KYC.
Yea stable coins should be your best bet if you want to trade in exchange without withdrawing. Exchanges do allow transactions with max thresholds without KYC, but if you're planning to hold everything in an exchange, what if you can't withdraw it someday? Like you'd surpass the threshold already, and any more would require you to KYC? You'd have no choice then cause your profits are in the said exchange. What I said is completely possible if you suddenly make a massive profit in buying and selling BTC.

Plus, you haven't really told us what country you're currently living in. This possibly limits the exchanges you may participate on, without the need for KYC that is. Exchanges don't really need bank accounts when registering, and even when trading it isn't needed.
5354  Economy / Exchanges / Re: Bitcoin withdrawal fee is damn high in exchanges! on: February 09, 2020, 10:13:46 AM
Nothing we can do about that mate. Fees are probably high because they need to manage the exchange, plus, they have to pay their employees. Not only that, but there's also the issue of them adding more features and adding qol improvements towards their UI and codes, which makes it easier for traders. It's understandable, and yet at the same time, not. Ngl, I know what you feel, but they're honestly at the upper hand in this argument. Why? Simply because, if you think their fees are high, then don't use their exchange, we aren't forcing you kind of thing.

Tbh, there's nothing wrong with it, they're pretty much just doing their job. Not really our place to complain against them. It's like they place their fees at a place where you can't help but feel the pain but still is within manageable levels.
5355  Economy / Speculation / Re: Bull run confirmed ? bitcoin ready to $10.000 on: February 09, 2020, 05:46:21 AM
The next question is how long can we stay at $10k. It would have been nice to at least make a run for 12k or more before I can attest to the bull run
So what's next? After reaching $12k, you gonna ask for BTC to reach $15k again to say that it's in a bull run? Bro, we started the year at around $7k, and is now currently standing at $10k after a month. If that isn't a bull run, I don't know what it is anymore. I think you guys are mistaking bull run for reaching the highest possible place it could. Bull run means a constant increase/rise in prices continuously. Just by the fact that BTC has found itself rising continuously from $8k to $10k these past few weeks, you could already see it.
5356  Bitcoin / Bitcoin Discussion / Re: $39 Million Worth of BTC Will Be Auctioned Off by US Government on: February 09, 2020, 05:23:44 AM
This was already posted here last time though. Not only that, auctions such as these have already come and go, even smaller and bigger amounts. Just look at the first Silk Road Auction. A lot of guesses came out here and there, but it never really did impact the market price as much as people that guessed so did.

Plus, these coins may actually be priced higher, since the have the stamp of the US government as seal. Still, the prices would never exceed a certain threshold. And that threshold is not enough to significantly affect the market price. That is imo.

If you want more views, you can visit this. Topics already been discussed there.
5357  Economy / Gambling discussion / Re: What p2p games will you play? on: February 09, 2020, 01:36:16 AM
Probably card games, strategy games. Mostly strategic ones. But honestly, it isn't suitable for gambling as a p2p game. If they made it as a tournament format with some kind of entry fee, it might go well, but as a p2p gambling feature, it isn't that attractive.

Houses probably need to fix their implementation of the p2p feature before it becomes a successful breakthrough though. That's mostly the problem with most p2p, and any other fix should be done only after that is resolved. As for other problems, I'd say they need to check how it goes after the fix with the house before looking for others though.
5358  Economy / Speculation / Re: Bull run confirmed ? bitcoin ready to $10.000 on: February 08, 2020, 02:33:25 PM
If you were to take into account that a month has already passed and started from around $7k, we're already at $10k, then yes. FOMO and development of BTC seemed to have quite an effect for the start of the year, not to mention all the panic news regarding the War, the Virus, which imo may have affected the market, but is quite negligible and only affected it by just a bit, around 1% let's say?

If the market could continue this for the span of February, a bull run could be said to be completely successful, and even if sideways movement happened, we already got the bull run we all wished for. Sides, the market would probably go down a bit a month before the halving, and if history repeats itself, go down quite a bit before starting another bull run by next year.
5359  Economy / Scam Accusations / Re: Warning about a dishonest bitcoin investor calls herself Alicia from Mexico on: February 08, 2020, 01:11:05 PM
Probably give out more information regarding the transactions made and the wallets used to send the money. Plus, there's also the scheme of how she enticed you guys to invest as well as the proposals made to your friend. A lot more helpful in spreading awareness than just giving out a name that came from the internet which could, honestly, be easily changed.

Also, your friends fault ngl. There's no such thing as trust in the world. Especially if you're on the internet. Believing someone is not an excuse for when you get scammed and only having the awareness with regards to investments made towards "project managers" from the internet is the only way for you to escape the circle of being scammed.
5360  Economy / Speculation / Re: Prediction of Tom Lee 27k$ on: February 08, 2020, 11:36:08 AM
Nothing to weird about the prediction. It isn't in the level of pessimism or optimism, but rather just a prediction that Bitcoin is fully capable of achieving, that is, under certain circumstances. I believe most of us know that Bitcoin could reach such levels, just that such continuous runs of BTC is probably bound to stop a few months later, and reaching $27k by then seems close to impossible. A year, maybe, it has a pretty good chance.

BTC hasn't experienced any big hits so far this year, and I'm honestly expecting one sooner or later since BTC just drops a bit then pushes ahead continuously. Just like now, we started the year at around $7k and now we're already standing close to $10k, just $200 less. If FOMO somehow becomes unstoppable though, everything I just said comes to null, and the market would probably move vertically for a few months.
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