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701  Bitcoin / Bitcoin Discussion / Re: Does cryptocurrency actually solve any problems? on: August 01, 2023, 05:06:51 PM
Cryptocurrency actually provides an opportunity and solution to escape some challenges caused or ignore by the traditional financial system like sovereignty, cross-border transactions huge free and long processing, and it also introduces an opportunity to financial benefit. However, most crypto enthusiasts have the believe that it solve financial problem but it actually introduce the opportunity to do that and it's personal knowledge/understanding about how to use the opportunity we solve the financial problem.
If by the financial problem you mean financial stability, then that requires more work from you even after you start using cryptocurrencies and it also requires one to invest money and then trade cryptocurrencies on a daily basis after learning everything, but, it does provide you with financial privacy for sure, Bitcoin does that, because it is totally decentralized and there is no one actually watching and controlling your finances and financial activities.

When using cryptocurrencies, you are your own bank. Whenever you want to deposit some money, you do it with a single click without any questions asked, and whenever you want to withdraw, you can do that so easily without anyone asking you for any paper work or any calls for confirmation or anything.
702  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Where to invest 7k usdt on: July 31, 2023, 06:18:30 PM
Where to invest 7k usdt

To get profit daily 30$
The desire to make more than 100% is just unrealistic and talked about already, its just not going to happen. I would say keep it in bitcoin and stake it at stakepools, binance has one. That's not going to bring you much, but it will at least be profitable a bit more than holding, its usually like 1% or 2% something like that, nothing major but its at least there.

Plus if you could invest like 1 million dollars, which is a ton of money, you could make more than your salary depending on where you live. If you could invest like 200k, then between stake reward and the money itself, you can live with that until you die. All in all it should be a great situation, so keep it at bitcoin and stake it if you can as well.
703  Economy / Speculation / Re: What do you think Bitcoin Market Need Promotes for Price up ? on: July 31, 2023, 03:58:12 PM
I am Seeing Bitcoin Market is Not good Its Correction every Time 
It can Hit $25000  ?
Bitcoin is highly volatile so you can’t set its price and expect a consistent price surges most of the time. And as long as bitcoin remains volatile, there will be constant price correction which makes it to move bullish or bearish depending on the current position of the market.

The only thing I can see for bitcoin price not to fall so deeply but stay in an impressive price, is to maximize buying bitcoin so that it’s demand will increase, making its supply low and limited, hence making its price more costly and expensive.
The halving event is probably what you are talking about, that's the only way the supply or the circulating supply can become slower and that will surely help the price go up since the demand will keep increasing and if the tokens coming into circulation start getting lower, that will surely have some impact on the price in the long run. So even though we can't predict the price accurately or precisely, we can say that the price of Bitcoin will eventually go up.

For the short term, we can expect dips happening every now and then, and currently as we saw, Bitcoin's price was struggling to go above $31k even after trying so much, which shows that there isn't much buying pressure on the market which is why it was struggling to go up, so we can expect small dips from here.
704  Economy / Economics / Re: Bad impact when You carry out Online or Offline Loans on an ongoing basis on: July 31, 2023, 01:03:40 PM
Constantly taking out loans is not a good idea. It leads to a never ending cycle of debt as each loan usually comes with interest & fees that need to be paid back. You’ll end up in financial stress with an inability to meet future financial obligations. Relying on loans can ruin long term financial goals such as saving for retirement or purchasing a home. It is important to carefully consider the implications of taking out loans & look for other options before making such decisions.
A lot of people make the mistake of not thinking about the long-term consequences of constantly taking loans and piling up interest, all they think about is the current situations where they must be stuck in something and urgently need some money to get out of it, some even take loans for their gambling thinking they will win a significantly high amount with the borrowed money and then repay the loan with it ignoring the fact that they can also lose the money.

I have a relative who does the same thing every time, he takes loans from loan-providing services online and gambles with it, loses the money and when the time reaches for repayment, he takes another higher loan from another source and repays the current loan and gambles with the remaining money, and now, he is stuck because he has stuck because the interests from the last loan are piling up and he has no way to repay it.
705  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are altcoins important? on: July 31, 2023, 12:10:10 PM
As you already said, altcoins can scam, death, tuun into shitcoin and so on. I agreed that most of altcoins fail to survive for long term But not all atcoins are bad! If you have high expectations, and buy shitcoin for more roi, then thats Your falut. If you invest valid potential altcoins, then theres very less possibility that those Will be scam, dead or shitcoin. Low your expectations and invest with potential coin. If you Don't know how to find out then you can invest with top 20 crypto-currencies. Although you need to notice that, avoid memecoin, and shitcoin like tron. Otherwise all seems okey
Well, I do agree with your point that someone who becomes greedy for more profits and invests in meme coins or coins that are just launched and don't even have any potential or actual use case tends to lose more money because such coins and tokens are never guaranteed to provide their investors with profits. We've seen a lot of projects getting millions of dollars in investments but at the end of the day, they failed to provide anything to their investors.

So the best way is to simply choose altcoins that are trusted and have been around for quite some time just like Ethereum, Litecoin, Monero, and many others that we know have got the potential to perform well when we enter the bull run and we can get good profits if not huge from these investments.
706  Bitcoin / Bitcoin Discussion / Re: The beauty of Bitcoin is in use case. on: July 30, 2023, 05:14:35 PM
The more businesses begin to integrate crypto payment in their daily  activities, the more we see real progress regarding the entire concept.

As of today, over 60,000 electric vehicle charging stations now accept Bitcoin across Europe,
thanks to Lightening Network (source: https://mycryptowallet.com.au/news/bitcoin/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/). Many businesses are also joining this trend as they realise the advantages offered by this amazing technology. Gradually,  we will see even deeper penetration of Bitcoin and cryptocurrency at large.
I believe we will still have a lot of time for that to spread to the masses, a lot of businesses won't see Bitcoin as a payment method just yet, the main reason for that is probably the regulations and no acceptance from the authorities within major countries all around the world, they don't want Bitcoin and cryptocurrencies to be widely used by their citizens as that will become a threat to the traditional financial institutions and they would never want that to happen.

So, they won't allow big businesses and stores to accept Bitcoin as a payment as that will make more people start using Bitcoin instead of fiat to cut down fees and other expenses and that will make them lose a lot of control over the finances and financial activities of their citizens.
707  Economy / Speculation / Re: Bitcoin Investors Confidence in Bitcoin💪 on: July 29, 2023, 05:22:50 PM
Studying and learning, and then gaining experience enough to have a good strategy that you stick to and make profit is the path from a newbie to an expert. This type of simple reason makes people not question bitcoin at all and realize that they have a great chance to make some profit.

I understand that it is going to take some time, but if you end up with a good result then you are going to be fine. I know that it is not that easy and we could make some changes and should probably be making better results, but that doesn't mean we can't change anything. So all in all, bitcoin is the one place that will make us rich and we know how that can happen, there isn't anything else that we could say the same thing and get rich in the end.
All you need is having confidence in yourself with a mixture of dedication and determination and the path won't be difficult at all. Learning about Bitcoin is super easy, and to learn about trading and its practices and stuff might take some time but it isn't rocket science as well, so someone with a positive mindset and some focus can easily master it and become an independent trader and earn good profits every day with trading if they have a good capital to begin with.

You can't get rich overnight, that's only for the super-lucky people unless you are one of them, but if you keep grinding and working on your mission, you are sure to get success eventually if you don't give up, giving up means you are going back to zero, from where you started, so that shouldn't be an option.
708  Economy / Economics / Re: Connect data to accelerate cashless payments on: July 29, 2023, 04:23:33 AM
I think it's generally make the transaction more seamless and for a customer it's better. In my country the latest payment system that is pushed by a Single QR Code, so people with different payment processor, like Bank App, Venmo-like Payment and other type can scan the same QR Code to pay for a service. But the one issue that appear is that most of merchant complaint about the fee, it makes them increase the price of their product, and it's not good for them.

For Crypto this phenomena when the government pushing digital payment for people will ease the transition to crypto, transition from a traditional cash to crypto payment will be very hard, but when the merchant familiar with digital payment they will accept crypto more easily.
It's not only about the merchant and the customers deciding which payment method they want to use, and whether they would like to transition from traditional modes to cryptocurrencies such as Bitcoin and others just for convenience, the authorities and the government wouldn't allow it for long if their stance about Bitcoin isn't very positive and there hasn't been any official rules and regulations within the country regarding Bitcoin and cryptocurrencies.

It would obviously be way more convenient for merchants to have cryptocurrencies as payment methods as there will be no third-parties involved that way and they can easily set up their wallets and put up the QR codes to be scanned by users for paying with Bitcoin or cryptocurrencies at the stores.
709  Economy / Gambling / Re: Loophole in stopping Money Laundering through Wagering on: July 28, 2023, 06:26:49 PM
It won't take long because they can easily see the deposit amounts of their gamblers.
Now, for most high rollers, casinos are requiring to undergo KYC depending on how strict the casino is complying with the regulations.
If the casino doesn't care as some won't bother as long as they are earning from it, but usually issues arise when the player wins big.
And that will be the subject of investigation and they will dig more about the transactions of that player.
But if you are a high roller, always best to think that the casino would ask your credentials, whether you are winning or losing so you will not be caught in the middle with your funds frozen.
You are right, casinos know every bit of what there customers are does or are doing, a proof to this is, think and tell if someone has ever cheated in a casino game, and won as a result of cheating, then he or she placed a withdrawal request, and the casino processed the withdrawal request without questioning the user through either asking them to pass kyc verification or in any other form?, there have been none I know of.
So indeed, casinos know everything that goes on around their platform, if a casino allows a supposed gambler to use their platform to launder money, and the casino kept quiet about it, know it that the casino benefitted huge from that act and that is why they kept quiet, in such a situation, when the wrath of the law come in force, such casino will go in for it most especially if they can not provide the personal data of the said user who carried out the operatin.
If we are talking about online casinos, then there is literally no way one can cheat a casino unless they have some error or a bug in their system that gives a player an advantage in which case the player might not be punishable if caught but they might take back what has been won by the player, but, cheating is not possible in an online casino, tell me how can one cheat when the options and everything they have are just what the casino is providing itself?

The only way a player might be able to cheat a casino is when they are offering some bonus and a player tries to claim the bonus with multiple accounts using different IP addresses and everything, but even in such cases, you can't call that cheating, it can be called abuse of the bonus but not cheating.
710  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Analyzing XRP's Potential: Can It Reach $1? on: July 27, 2023, 05:02:51 PM
For XRP to reach 1$ is not a big task and it will reach within a few weeks or days. XRP is already trading over 0.8$.
Also, note that XRP all-time high was over 3.5$ and I will not be surprised if XRP breaks its all-time high in the next bull market.
It seems that you are very optimistic, but the truth may be completely different. The chances of XRP reaching $3.5 seem very unrealistic.
It is true that the sec case gave a moral boost to investors, as it generates more demand for the currency, given that some platforms will re-list it again, but its effect has ended, and therefore the next stage is to correct the price slightly.
There is nothing wrong to be optimistic and the price that we are seeing there is still realistic. XRP is really close to $1 and XRP's ATH was $3.5, so maybe it's true that it will have it again now that they already cleared their reputation. I also heard that some exchanges will list XRP again but it's not the main reason on why the demand is increasing but its because of the XRP's victory against SEC. Its effect hasn't ended yet.

This isn't just a meme coin which will dump immediately right after a pump but you are right about the correction part. Each crypto has it right after they experience a significant increase. Maybe it will occur once we hit $1.
711  Economy / Speculation / Re: Crypto experienced bloodshed on: July 27, 2023, 01:29:21 PM
Whatever is being done in the markets, has a purpose.
Everything here is bringing an opportunity for all the traders, the difference here is that, only a few can time it nicely while most get trapped. The bloodshed has always been called as weak hands getting out, so when such a situation takes place, it's better to get in and take your positions to make money in the long run ahead.
I agree. it is like natural selection who the strong and resistant will survive these trying times. True, Crypto is experiencing a bloodbath where the decline in trading volume is also a concern for investors about the liquidity of crypto assets and one more thing if we pay attention to how the role of the media works here with a series of bad news that has emerged that has shaken new investors.
As we get into the future, retail investors will start to become stronger individually, and then this bad news won't have as much of an effect as they do now, because we have seen in the past where bad news had extreme effects on retail investors, but nowadays, that extent has decreased significantly, we saw in the news about Binance getting sued by SEC, everyone thought the market will crash badly because of it, but traders didn't react as severely as expected.

Bloodsheds are a part of the market, there will always be bear and bull markets as we go ahead, but a strong investor would never get worried when the market gets in a bad situation, most traders who have a positive mindset will find bloodshed to be opportunities to buy more and store for the good times.
712  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will you sell Shib now? Am holding on: July 26, 2023, 08:23:50 PM
Of course i am willing to sell if the price now increases several times over my purchase price. There are many investors who have saved the Shib token very carefully. Actually everyone is holding to fulfill their specific goals. Moreover i don't want to lose my original capital due to more profit because there is no guarantee that when the bull sector will come.
For what we are buying and holding for? Obviously, it's for preparation when the price rise higher, so we will just sell when these moments has arrived. We don't want to miss the golden opportunity and go back to zero holding again. It's not that many people invest in Shib but they only got trapped for buying at the top. It's their greed got them. Now it's crucial if Shib will still rise or not however a bull market is still guaranteed to come.

We are not only sure if when but many are expecting it can come next year or two. So many good cryptos are going to rise during it. You better invest on them and not in the meme coins like Shib if you want to earn while minimizing the chance of losing.
713  Economy / Economics / Re: How billionaires are really affecting the economy. on: July 26, 2023, 07:29:03 PM
This is so one sided. It's too bias. You mentioned all the negative impact of billionaires in the economy but you purposely refused to state the positive impact just to suit your agenda.

How are you criticizing people because they're rich?
If you were giving the opportunity to be a billionaire you won't take it? You're outrightly blaming people for being rich. It's capitalism. If you can take advantage of a bad situation and make things work out for you then fine.
Billionaires are not the only ones that have gotten richer during this period, some normal folks too have discovered ways to make certain things work for them.
If a billionaire doesn't want to give back to the community, then there's no law against him, it's his money and he'll use it however he see fit. They're not your government and they're most definitely not spending public funds.
Well, if we don't talk about ethical values and what one should do if they have a lot of money, you are right that they are not obliged to do anything for society if they don't want to, no one, even the government, can't force them to spend their money for the betterment of the society or the economy because it is not their job to do that but it's government's, so apart from the taxes that the government needs to impose on them, there's nothing they can do to get money out of their pockets.

The positive impact that they have on the economy is that they have big industries, factories, and workplaces, and that creates a lot of job opportunities for the people living in that economy, which directly relieves the stress of the government to reduce unemployment within the country.
714  Economy / Economics / Re: The whales stirred. What should we expect? on: July 25, 2023, 07:03:23 PM
The only thing I could think of while reading your forum post is the fact that you are spreading FUD. Grin
Proclaiming "the end of Bitcoin era" just because some whale had moved his coins sounds like unnecessary drama and panic to me.
The Bitcoin price had dropped down to 29K after being above 30K for more than one week. Going down by 1K USD isn't such a big deal for Bitcoin. It's obvious that there isn't enough support for a price pump to 35K-40K and that's why many Bitcoiners will sell at 30K(which isn't something bad). The summer months had always been a sluggish period for the Bitcoin market.
The crypto whales can do whatever they want with their coins. They can move them or sell them, we can't stop them from doing so.
Let's not accuse me of FUD Smiley
No, I'm not spreading panic, or raising the hype. But at the same time I know that there are no unreasonable big movements on the market.
About the end of the crypto era - here I agree - I overreacted Smiley
I still think that there are some "signals" that will probably just correct the market in today's situation, or maybe just "move" assets to more stable and profitable ones.
You definitely overreacted about the crypto era reaching an end, no matter how much whales sell their assets or move them here and there, that won't make cryptocurrencies reach the end of the era, the market will surely react to it and there will be corrections every now and then, that is how the cryptocurrency market generally works, I don't think that we need to be worried about that, there will be no fun if there are no corrections and movements.

The reason why cryptocurrencies are profitable is that they move up and down if they become stable, no coins are moved in and out of the market, there will be no profits for anyone, there will be no bear and bull seasons, and everything will be boring, and I'm sure no one would want to see that happening.
715  Economy / Long-term offers / Re: Looking for VC's / Investors on: July 25, 2023, 06:48:29 PM
17.000$ is a very decent amount to start a small digital project, congratulations! If you have to code and/or build a business plan for free, for example, plus pay for different expenses like marketing, hosting, etc. it can mean a no-go in most cases, but finding a good equity partner who trusts on you and you can rely on is a blessing.

I don't know how ambitious is the OP's project, but I'm happy to see that members with a good plan or idea here can find that kind of amounts to start or scale their business.
It's all a risk, $17k might not be a very big amount for some but it is not a small amount too, so someone who has trusted the guy with his project has taken the risk with his money, he probably has verified and confirmed everything before the investment but even after that, I would say investing in newly launched projects is nothing more than a risk these days because we all know that most projects don't come out to be what they preach initially.

A large number of projects make very big promises, they create good-looking websites, their whitepaper is compiled with details and everything and those who read it will think it will be one of the greatest projects of all time, but sometimes, it doesn't work out, and the team abandons the project.
716  Other / Beginners & Help / Re: The Impact of Bitcointalk forum in our lives on: July 25, 2023, 06:28:10 PM
Honestly, my journey into the world of crypto began with a forum. Before that, I had some knowledge about Bitcoin, but I wasn't fully aware of its potential. Through the forum, I gained a wealth of knowledge about cryptocurrencies and related topics. This newfound understanding encouraged me to start investing, and as a result, I began making profits.

Moreover, the forum provided a fantastic opportunity to earn through signature campaigns, and the amount I earned was quite decent. So, in many ways, the forum played a pivotal role in transforming my life, not only in terms of financial gains but also in terms of learning and expanding my knowledge about the crypto space.
My story isn't much different from yours, to be honest. I stumbled upon this forum when I was looking for Bitcoin faucets back in the day when faucets were very much popular among newbies, and that is when my actual journey with Bitcoin and Bitcointalk forum started. Before that, I used to claim a few satoshis every day from faucets, I was learning day by day but after joining the forum, my understanding and knowledge about Bitcoin increased many folds.

It was later when I found out that there are signature campaigns in the forum which provide posters with the opportunity to earn Bitcoins when they make posts, I started exploring all these things and then learned about them, I joined my first signature campaign when I was a Jr. member.
717  Economy / Trading Discussion / Re: Newbies can't profit from crypto without knowing how to trade. Truth or Myth? on: July 24, 2023, 04:58:21 PM
First, there is a big gap between a trader and a normal investor. A trader is basically someone who frequently buys Bitcoin or Altcoins at a low price and sells if the price is high, while an investor only buys his desired coin (Bitcoin, preferably) and holds it for a long time when they have made a huge profit. To become an investor, you don't need any trading skills or courses before you can successfully invest in Bitcoin; all you need is to know how and where to securely buy your coin and how to safely hold it on your Self-contained wallet.
Very well explained. A lot of people confuse themselves between these two when they are buying Bitcoin, they think that they are getting involved in trading when in reality, they are just investing because they won't be trading those Bitcoins back and forth only to gain short-term profits but they will be holding them for a longer period and only sell them when they think they are getting enough profit as per their desire or caliber, and then they buy again when the price drops.

Newbies generally don't know what they want to do when they get into cryptocurrencies, they sometimes want to become investors because they don't know much about trading and the market in general, but they also see people making trades on a daily basis so they get confused whether they want to become traders or investors.
718  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Know the Next PEPE on: July 24, 2023, 03:34:32 PM
As much as community of the meme project as well as the strategic partnerships they're making are important, getting to discover project is the more important. One has to first discover the project before studying their community and the partnership they're making.
Getting to discover the next great project is by following the crypto communities known to be sharing correct information about upcoming cryptocurrency project is the best and the first step to take. This is not limited to just the meme coin but all cryptocurrency projects.
Even a community that shares the correct information about upcoming cryptocurrency projects wouldn't be able to share any information about the next meme coin that will be successful because it cannot be known in advance since meme coins don't really have any team or proper project behind them that one can evaluate to understand if the project has any potential to grow in near future or not, their success totally depends on community hype.

There is no strategic partnership or anything when it comes to meme coins because they don't do anything like that, all they do is start creating hype with multiple fake accounts on different platforms to see if they can create some hype, if they get successful, their token might start gaining investors, otherwise, it will be a failure.
719  Economy / Economics / Re: Europe have one big problem the euro currency on: July 23, 2023, 07:02:58 PM
USD, Euro and Yuan are three fiat currencies that's really solid, I don't think one of them will failure because most of citizens are still believe in fiat currency as legal tender. I agree if fiat is worthless, but you need to compare Euro with other fiat currency, you will see Euro is strong as USD and Yuan.

However you have a choice to convert your fiat into Bitcoin and convert it back to fiat whenever you want to buy something in your country.
I agree that those three are quite strong. There will always be some people who see them going worse and think that they are going to keep being worse but the reality is that while they are going worse, other currencies go even worse, which is the trouble.

I believe that we are going to end up with a situation where it is going to take some time before people could make some changes, and because of that these three will stay as strong as possible. For that to change anytime soon, we need to reach to a point where it will have to be a lot bigger. I know that it will not be simple solution, but realizing them getting worse doesn't mean it's worse than other currencies is a way out for many people in the future without a doubt.
720  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: July 23, 2023, 06:21:49 PM
What religion?
What societies?
I don't know where you are from but in some parts of the world, women who gamble are seen as sinners and men, there, can' accept that a woman has the right to gamble and there is nothing wrong about it. I'm not talking about developing countries because in some developed countries men also think the same way. They can't accept the fact that a woman can afford to gamble and assume her responsibility when she loses.
A religion that considers gambling a sin does it for both men and women, take Islam as an example. In Islam, a man or a woman who gambles is a sinner, and there is nothing one needs to do in that case, it is just them who needs to stop doing it and repent their actions and ask for forgiveness from their creator. And, I believe any religion that has the same rule would have it for both men and women and not specifically for women.

If we talk about the general world where people don't really care about a religion or where their religion allows gambling for both men and women, women tend to gamble but not as much as men because it's not in their nature to waste money on such things, they don't get too greedy too easily.
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