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61  Economy / Economics / Re: is it possible that the bitcoin was created by governments? on: January 23, 2020, 07:12:17 AM
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
To be honest, it does not make so much sense for me. i don't think it is possible. Of course the identity of Satoshi is unknown and it is probably going to be unknown forever. But i do not believe that any government would like to create such a think that threaten their traditional financial system.
62  Economy / Economics / Re: Thoughts on the World War 3 and its possible impacts on future? on: January 22, 2020, 07:06:46 PM
i don't think there is a meaning of thinking about economy after third world war. because i dont think there will be enough people remaining in the world to create economy or mine or trade.
As Albert Einstein said, "I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." This shows that he believed that civilization as we know it would be gone.
63  Economy / Economics / Re: Richest 2000 People richer then poorest 4.6 billion on: January 22, 2020, 03:14:39 PM
Richest 2000 People richer then the poorest 4.6 billion.
Richest 26 persons richer then 3.8 billion people.

Today I read this in the newspaper that Oxfam Novib calculated this in their report called time to care about economic inequality.
Especially women in underdeveloped country's are stuck in poverty and can't get out.

We all know this has been going on for years but it is pretty shocking to see the enormous difference in these numbers.
It is also hard to comprehend that most concentrated part of the wealth is hold bye a small club of men.

How do you think this is devided with Bitcoin we can all just see the top richest wallets in Bitcoin, but do you think Bitcoin is more fair devided then the current money system?
What would be the most fair way of dividing a cryptocurrency so the whole world is actually part of it and gets wealth?


if quantity of rich people increases, it would normally meaned that world is growing financially. but unfortunately it is not. it is also similiar story for bitcoin. but i think it is because market is so new. and after a while it will be better in crypto.
64  Economy / Economics / Re: What will happen to Bitcoin if there is a global economic crash? on: January 22, 2020, 11:43:42 AM
It is a bit hard to figure out what will really happen to Bitcoin price.

We could find an answer if someone could stitch these together.

  • Gold price when crisis happen
  • China's economy is already in a bear market for a long time, will they see a bull?
  • World economy just hit an all-time high
  • Crypto has not seen a 10yr cycle yet
  • Satoshi started Bitcoin to avoid melt-downs

What do you guys think will happen and why?

it depends. i mean for example imagine that there had been a devaluation in United States economy. USD price became worthless and people started to buy only simple foods for thosand of dollars, then usdwise bitcoin price will become much higher. And people will start to follow bitcoin price goldwise for example preev will show 1 bitcoin is 100 grams of gold.
65  Economy / Economics / Re: How many bitcoin is enough? on: January 22, 2020, 11:27:36 AM
maybe less than 1 bitcoin will be enough after 10 years. who knows. the only thing i know is i should collect as many as possible. because crypto market has a huge potential comparing to many other investing items.
66  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What about WAVES? No one talks about it anymore! on: January 21, 2020, 06:13:01 PM
Waves such a great coin it was, everyone was very optimistic about WAVES blockchain and it's DEX! There were many predictions that the price will be very high, WAVES will hit 50-100 USD, the top-ten coin, the competitor Of Ethereum and so on! But nowadays no one talks about it, no promotion, no speculation, nothing! Why did these changes happen? What do you think guys about it?

Waves had a very good potential during the altseasons in 2017. They could do much better for themselves and their loyal investors. However Sasha couldn't manage to handle and use that wind. Technology and blockchain are very important but you can not make it without a good marketing strategy.
67  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Some exchanges charges are too high on: January 21, 2020, 05:53:55 PM
well. maybe you are right. i haven't checked so much about the fees. But take into account that the volatility is too high in the market. so comparing to price changes every second, fees shouldn't be extremely important. For me the important thing is volumes of the exchange.
68  Alternate cryptocurrencies / Altcoin Discussion / Re: Who Would Really Buy Facebook Coin? on: January 21, 2020, 04:51:05 PM
It is not a question at all...
believe me there will be a huge demand for facebook coin. facebook name is enough to be shilled and pumped by the community. Everybody will rush to buy before others  Smiley
69  Economy / Economics / Re: USD / Crypto Pairing question on: January 21, 2020, 10:03:12 AM
Idea is good. But i think you can not be fast enough to gain a profit about from that. Because i am pretty sure that there are bots that controling the pairs and gets the profits quickly.
70  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of bounty campaign. on: January 21, 2020, 08:26:48 AM

I agree that it is not easy to get rank up, but it is because users have to learn how to distribute merits. It should works as like's in social media, then it will become easier. For now, if someone wants to collect merits, must be creative and helpful. However, I think that the most important thing in bounty campaigns is not rank but what project we choose and whether it will succeed.
maybe its true better to join in social media campaign or article campaign than signature campaign (if member can not join signature campaign) but difficult to find social media campaign and article campaign for the right now because ico is over
yeah someone have to be creative to collect the merits maybe but for newbie its also difficult

Collecting merits is difficult but many users succeed. Either someone will try to collect them, or let them look for campaigns in  social media.
It is true that the ICO market almost does not exist, but on the cryptocurrency market positive movements are starting, so hopefully investors also noticed the potential in cryptocurrency start ups and season for bounty hunters will be back.

You should spend more time here to earn merits. And it is possible but really not easy. When i was more active in forum, merit system was not existing Sad
71  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of bounty campaign. on: January 20, 2020, 02:16:19 PM
Day by day people are getting to know crypto currency, each day good number of interested people join the BitcoinTalk forum. The way the bounty qualifications and rank was in 2012 is not any more. Getting to the next rank is getting more difficult,KYC came in and many other changes, Now don't you think very soon most signature will only be opened to people from Full member and/or very few number will be given the chances of participation in many bounty campaign to have it convenient?

I agree it is really not easy to rank up nowadays. and if you dont have a high rank you can not join to signature campaigns. Luckily i was here early so i could promote till Sr. Member rank. For low ranks may try on social media and blog campaigns instead of signature campaigns.
72  Bitcoin / Bitcoin Discussion / Re: What is the fate of Scammers if bitcoin later becomes a traceable Currency. on: January 20, 2020, 07:50:51 AM
you can track the transactions already on blockchain. You can see from which wallet to which wallet. The amount of the transaction. Date... The only thing is the wallet addreses. It is very hard to find whose wallet it is. If the owner didn't identify or announce his address in somewhere or some platform...
Yes, if we do not fill KYC on an Exchange platform, it will be difficult to track the address that we use when transaction with Bitcoin. We can use addresses that are not from Exchange and we can sell Bitcoin with peer to peer, person to person. I don't think anyone can trace it.

Exactly. If you want to stay anonymous. It is not very hard. You have to avoid using your own wallet when you transfer to exchange platforms or other people. And you should avoid from making KYC very often.
73  Alternate cryptocurrencies / Altcoin Discussion / Re: Which wallet best for your currency store? on: January 20, 2020, 07:13:38 AM
Thanks for the post. It is useful for the ones that confused about which wallet to use...I also like trezor wallet and have been usig it for years. I can clearly say that using trezor wallet is very simple and it is quite user friendly.
74  Bitcoin / Bitcoin Discussion / Re: What is the fate of Scammers if bitcoin later becomes a traceable Currency. on: January 20, 2020, 05:48:08 AM
Bitcoin as a currency that is decentralized, they is no Headquarters for Bitcoin and it has no Central office where they distribute information concerning Bitcoin, Like illicit transactions that money was lost but recovered after some investigations through the distributed information.

like someone said on my previous thread that more people will be comfortable using bitcoin if these features comes into place.

Share your thoughts.

you can track the transactions already on blockchain. You can see from which wallet to which wallet. The amount of the transaction. Date... The only thing is the wallet addreses. It is very hard to find whose wallet it is. If the owner didn't identify or announce his address in somewhere or some platform...
75  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2020, 07:25:45 PM
BBC News - Bitcoin virtual currency reaches all-time high price
http://www.bbc.co.uk/news/technology-21601608



remember this?

It is already 2020 now.... and they have never stopped saying "virtual currency" or "digital currency". Dumbs...
When they learn to say "crypto currency", bitcoin price will be something that they can not even dream about  Smiley
76  Bitcoin / Bitcoin Discussion / Re: The use of Bitcoin on: January 19, 2020, 02:54:33 PM
Bitcoin is a digital currency.
Bitcoin has a limited supply.
Bitcoin is volatile.
Bitcoin always needs internet.
If government legalized and use bitcoin like fiat currency,to what extent it can be used? I just thinking that it was very difficult if ever it will happen someday especially for the young children's. Unlike in fiat currency even a two years old kid can buy in a store using it but if bitcoin,i don't think so ,even those old people who do not know how to use a cellphone,computer and other gadgets. It will be difficult for them.I'm just curious guys and want to know your opinion.

Bitcoin is not a digital currency, bitcoin is a crypto currency. They are different things.
Digital currencies are centralized, crypto currencies are decentralized.
Bitcoin is a crypto currency.
Credit cards and debit cards also need a network. They do not work without a pos device and network. So it is not something hard.
77  Economy / Trading Discussion / Re: When trading, never ignore the statoshi value of your coins on: January 19, 2020, 11:30:39 AM
Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process.  When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.

i definetely agree with you. in crypto we should forget about usdwise profit. there is bitcoin in here instead of usd. we have to focus on increasing our bitcoin amount during trading. i can not be happy when making profit only usdwise. because in this case it is just better to hold bitcoin.
78  Economy / Trading Discussion / Re: A good advice for every traders. on: January 19, 2020, 10:31:38 AM
Usually, we are trading with market, and we have our own trading logic. But , after you are trading for a long time , you will find you are trading with yourself and the biggest enemy is you.

You may have a good trading logic , and you always earning money from the market , but you are still afraid of lossing, am i right?

Every trader should believe in his own trading logic just like a belief, you can't move it. Lossing are not terrible and you should like it.

So i have some advices:

1. make sure you are believe in your trading logic
2. record the reason when you open trade
3. take profit and stop loss strictly
4. back to the records when you close trade, and think why you are earning or lossing
5. according to the records , if you find something wrong with your trading logic, fix it
6. add your trade into a trade journal (advice from @GreatArkansas)
7. do the things 1-6 above again


Does any trader record the reason of opening trade? And how do you guys practice it? Let's talk about it.

trading logic is really very important.
I want to give one example about the traders in 2017 during the bullish season. The newbies in that bull made mostly more profit comparing to experienced traders. Because they could blindly buy and make huge profits, instead of taking the profits and exit.
But as soon as the bull season ended, these newbies lost almost everything. But the ones took profit could have something already in their pocket.
79  Economy / Trading Discussion / Re: Do Not Trade By The News, Follow The Price Action on: January 19, 2020, 06:17:08 AM
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis. 
 Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.


Correct.
Because once you see something on the news, it is probably too late to sell or buy. Because if you think it is time to buy; believe me some other people had already bought cheaper and you will buy from them. And there will be no people that is going to buy from you in higher price in short-mid term.
80  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: January 19, 2020, 05:31:31 AM
If that's even his name. Just read the bitcoin wiki on him and I'm amazed. Nobody knows him.

Long time passed since he last posted in here. Why? "Busy"? I don't think so. He was active when bitcoin needed support but since the slashdot...
Also, it seems has knowledge in many areas, especially economy. He doesn't act like the average human. Not taking advantage out of his creation, leaving without telling anything. Is he even a single person or a group?

How can someone create something so great and not stepping out to get the credit?

I don't know who satoshi nakamoto is but. i know 2 things;
1: Creig Wright is not saroshi
2: Satoshi disappeared because he would be named as an owner in bitcoin. And this would reduce the reputation of this decentralized system. He is smart.
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