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701  Bitcoin / Bitcoin Discussion / Re: Impact of bitcoin if Satoshi Identity is revealed on: March 25, 2022, 06:18:15 PM
I honestly believe that he is dead. I believe it was Hal Finney, and since he is dead (though cryopreserved) I believe that satoshi is dead as well. I get that he was the first person to ever receive bitcoin from satoshi, which makes people question "why would anyone who wants to hide who they are, would send it to their public name as the first transaction" but I think that was an obvious way of hiding, he was trying to say "it's so obvious that it is not true because it can't be that simple".

Have we heard from satoshi since then? Like officially? I think he wasn't heard as far as I know. It is a probability that it was him, and he is gone, and that money is gone. If any miracle happens and if Satoshi comes back, then I guess that would stir up this crypto community which will trigger more massive adoption somehow in my opinion.
702  Economy / Economics / Re: Who gain's from War ? on: March 24, 2022, 09:16:26 PM
I don`t think all people would die in case of the WW III. For example, Switzerland has bunkers for all its population, this is the country, which could have survived the nuclear attak.

I think, whoever wins this big war, will win on the one hand and lose on another. It is obvious for me that the war changes everything, the life will never become as it was. I can say that as a witness of war, happening in my country right now. When this horror ends, all of us would have to find another ways to live and function. The winner will gain because it would win. But later life can pose challenges that will be very difficult to deal with. And the struggle will begin again, but different. So I don't think the question who gains from war is correct. It's like asking who benefits from historical change.
Wars any kinds of it have happened before but that didn't extinct the human because why we are here? That only means that our parents or grandparents have survived it. There are safe houses that are built before the war occurs and people use that places to hide.

Any massive damage cant penetrate it because it's usually located under the ground. The only risk if it will be discovered by the enemy because they can kill all the people that are inside it. In which country your in mate? Ukraine? Don't worry because the world is at your side and even if you lose technically, you are still be the winner from our hearts because you are too strong to fight til the end.
703  Economy / Economics / Re: The Effect of the Russian-Ukraine War on Cryptocurrency and Vice-Versa on: March 24, 2022, 03:03:55 PM
If we're looking at the example of myanmar's recent coup in 2021. Financial and banking services can be shut down. Ground based internet as well.

https://en.wikipedia.org/wiki/2021_Myanmar_coup_d%27%C3%A9tat

Ukraine differed from this precedent in ways. Finance and banking were not as critically impacted as myanmar. Ground based internet appeared to have had rolling blackouts, rather than permanent ones. Traditional finance and banking services being shut down during war, leaves people with no viable alternative aside from cryptocurrencies. Ground based internet, leaves no alternatives aside from satellite based satellite options such as Elon Musk's starlink.

These conflicts incentivize mass adoption for crypto and satellite based internet. As they are the main options which remain available in regions of crisis. I think Elon Musk's starlink service has a 1 time startup cost of $500 and costs $99 a month afterward. It is an affordable option, to retain internet connectivity inside a warzone.
As far as I remember, Starlink was sent to Ukraine and setup was fairly easy and he kept sending one more time but did not check if he sent a third or afterwards. Which means that even though land based internet may have some trouble right now (couldn't imagine otherwise) they should be doing fine right now with starlink and internet.

Considering the insane pace (literally faster than mine) pace of starlink, this may sound weird but they have one of the best internets in the world right now thanks to this. Doesn't mean that they do not have any problems, of course they do, hell most people do not know if they are safe at their homes, internet is not something priority when you are running away to other nations. But at the very least, they have one less thing to worry about.
704  Bitcoin / Bitcoin Discussion / Re: 19 Million BTC in two weeks' time on: March 24, 2022, 06:58:23 AM
To know how much bitcoin have permanently lost can be impossible for now, but probably after many centuries it will be possible, the untouched bitcoins can be assumed to have been lost, using addresses connected to it for the tracking. But right now, the amount of bitcoin lost can not be known.
I don't think we need to wait for centuries for something like that, probably the bitcoins that didn't move in the next 20-30 years top can be considered lost forever. I really don't see a single reason why someone shouldn't move a satoshi after 30 years, especially because he would be at least 50-60 year old at that point. Hodling till death is kinda extreme  Grin
I would guess that there could be some people, not a lot, but some people who purchased so that they could give it to their kids in the future. That could take about 20 years, even 30 years in some cases. If you do not have a kid right now, try to have one, then have one, and then they grow up, that could take as much as 30 years. This is why I believe that 30 years of waiting for something to be sure is not really a bad idea.

However, we are just in a bit over 10 years of bitcoins existence and we already know some of the coins are lost forever because of how it was sent to wrong places, plus satoshi had like a million which looks like it may not be in the market ever again.
705  Bitcoin / Bitcoin Discussion / Re: Banning Bitcoin is Like Banning the Internet, Says Russia’s Finance Minister on: March 23, 2022, 10:05:58 PM
The technicality aside, you could "ban" it. You may not be able to stop it, because people could use satellites to get internet from other places, there are global companies that offer horrible bandwidth and speed, but it is there. But that is not about banning, that is about stopping. So if Russia bans it, then they can, and people could either stop, or they could try to find alternatives.

On the other hand, they can't really afford to get out of international internet, because that would put even further economical problems to them on top of the current ones that they have, which is why I doubt it would happen anyway, it would probably not happen.
Even if you ban it, people would be able to use VPN to overcome that so they know this, they have tried to limit the way Russians use internet before, and they have limit what type of freedoms Russians will get, and they always fail because internet is just way too free to be limited. You could even do bad things online nowadays in the darknet, hopefully nobody ever uses that again but it's there, it's usable and it's not cool at all.

In the end, crypto is a lot like that, they are not saying they will cut themselves out of global internet neither, the fact that they "act" like it is just a way to scare people but in the end they know they can't, and that is why they won't.
706  Economy / Trading Discussion / Re: Why Does This Always happen? on: March 23, 2022, 09:33:42 PM
I do have such experience, and it has happened to me several times. It even happened to me yesterday, although not in a position where I ended up with loss. I was going to sell a small part of bitcoin yesterday, although the market was up a bit, my instinct told me that the market would go up a bit more today, but after having a second thought about it, I felt that it wasn’t safe since the market can as well go down, so it was best that I did the transaction yesterday, at least the market was up a bit.

So, I finally did the transaction, and I woke up today and checked and my instinct was right, the market did go up and I regretted making that transaction yesterday, would have been better today as I would stand to gain even more.
707  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shiba INU Losing its Grip Over the Bullish Momentum, Will SHIB Price plunge hard on: March 23, 2022, 08:11:30 PM
Shiba was never really a serious coin that should be going high anyway. I hope that it goes down a lot and stops taking money from crypto investors. You have to realize that when there is money going towards these type of shitcoins, that money is taken out of crypto market for some time, and all those people who lost money will have a hesitation to get back in. Not all of them really, but most of them and that means we are missing some amount of money that could have been used otherwise.

This is the simple reason and based on that I believe that all those shitcoins that ended up not being high at all, should be gone and crash and just be zero hopefully, just so we could focus on the real good ones.
708  Economy / Economics / Re: Is there a place in the world you could live like a king via sig campaigns? on: March 23, 2022, 01:28:20 PM
$1500/week is definitely going to give you a good lifestyle here in Ph (even with 5 people in a household) just like how some of my country men explains to you.
Now, If we're talking about applying for citizenship, afaik you need to stay here for several years, marry a filipina, or have a filipino business partner.
However, you can still own an airspace like condos here without any citizenship requirements, thus live a comfortable life and you're considered to be in a rich in PH's social stratification structure.
An individual who earns at least $1,000/month is considered wealthy. So,  $1500 for 5 person, that's 1,200/month individually and that is more than enough.
$1.5k a month is HUGE where I live. I mean you would basically live like kings for sure here if you were earning that much. I am earning a bit less than that, and even I am doing alright for myself.

Haven't been making that much so far, and so far it has been 1/3 of that and I have been living pretty nicely. Recently some health issues came up in the family, and I had some, and debts were always there, combined all of that resulted with me needing more money and now I am working a lot more, it's fine because I love my job but I can see how it could be hard for others.

Now I will make this kind of money for the first time ever and the money that I dread about how I am going to pay my debt, would be paid in a single month and I would still have more money left than what I usually earn, so it is really a lot here where I live as well.
709  Alternate cryptocurrencies / Altcoin Discussion / Re: My crypto mining advice on: March 22, 2022, 09:14:54 PM
If the new development of Ethereum is successful and it becomes a PoS (Proof of Stake), mining will no longer be profitable at all because there will no longer be any transaction fees or whatever that is going to benefit the miners.Mining is going to become obsolete when this happens. So, the best thing that anyone could possibly do would be to either sell their GPU and start staking or they can decide to look for other cryptocurrencies that are profitable for mining.

I have heard of other cryptocurrencies which can be profitable for miners such as Cortex and Ravencoin. So, it will be good to look into any other cryptocurrencies that would be worth mining and if after looking into it and you feel that it is a good choice and also after you have calculated the electricity bill that you'll be paying then you can go for that or make whatever decision is best for you.
710  Bitcoin / Bitcoin Discussion / Re: Bitcoin searches Google Trends 2009 on: March 22, 2022, 07:44:42 PM
using Google Trends I searched for the word "Bitcoin" in 2009 to see where it was searched.
There have been so many theories about who Satoshi Nakamoto is, although yours seems quite different from the ones I’ve been seeing so far. But we can’t really say that the guy you have said to be Satoshi is really the one. There are so many Other people that have also been said to be the real Satoshi Nakamoto. And just because Hal Finney was the first person to receive Bitcoin doesn’t really make him the Satoshi Nakamoto, although I do get where you’re coming from and it is also possible that he can be the one, but the thing is that we just don’t have the proof that he is really the one. There is also Dorian Nakamoto lol, and both has denied of being the one.

Check the date of Satoshi's last post with Hal's first on this forum, they almost corresponds. However there is a lot of evidence. But as many said, perhaps it's useless to persist in wanting to discover the truth. I would like to have a guide/mentor and know his true identity.
I no longer bother myself about knowing who Satoshi Nakamoto is. It doesn’t seem necessary to me anymore. If Satoshi Nakamoto has decided that it is best for him to remain secret, then who am I to bother myself about knowing who he is? He has chosen what he believes is best for him which is to conceal his identity, then I wouldn’t bother much about knowing who he is.

I only care about the technology which he has created and it has benefited a lot of people, which includes me. I am grateful that he created Bitcoin, that’s really a huge achievement for humanity.
711  Bitcoin / Bitcoin Discussion / Re: Bitcoin becomes priority alternative when cash fails on: March 22, 2022, 09:00:31 AM
bitcoin has proved time over time that it is more than just a cryptocurrency. It is something that people trust at time of emergencies.
It is more like a safe haven for many people and as time goes by more number of people will start believing bitcoin for what it is and what value it brings to them.
US has also started the preparation of regulating cryptocurrencies. Many other countries have also realized the fact that its impossible to completely ban cryptocurrencies so why not regulate it instead.
Good times are only getting started.
The fact that you could even tax it makes it even more illogical to ban it as well. Like if you could just tax it, get money from the people who use crypto, that means we are talking about making a good income. I have been paying crypto taxes for 4 years in my nation right now, and I have to say if they banned it, they would have lost out on all of that income from me, and that is just me, there are over 1.5 million people investing or at least in one point owned crypto.

It means that even if they all paid just one thousand dollars overall (some paid A LOT more, some paid less) that makes it 1.5 billion dollars yearly, and in the last 4 years (since we started legalizing and taxing crypto) that would have made it 6 billion dollars. Seriously, why ban it when you can make that kind of money?
712  Economy / Trading Discussion / Re: Do you ever JOMO? on: March 21, 2022, 09:21:45 PM
Happened with once or twice back few years when there was project who was in hype and the coins were in demand so as profit motive I also wanted to invest in it but didn't have the money at the time so was feeling bad but later on the project team abandoned it due to which the coin lost it's major stake and investors looses all their funds.So have also came across new word now JOMO.
You're lucky not to invest in the project because you don't have the money. If you have money and invest in the project but the project turns into a scam or the team leaves the project, you will be very disappointed because you have chosen the wrong project.

Most of us have experienced but are not aware of the term. We invest in up-and-coming projects in the hope that we too can benefit. After the token or coin price does go up, we don't immediately sell it but keep it on hold. And we are too late to sell it while the price plunged to the bottom.
The worst ones are scams right? Like they do rugpull when you imagine they would be doing something great. I saw a project that was basically a copycat of pancakeswap last year, and it was offering both what pancake was offering but some new features on top of it, and I liked it because those features would have made it so much better.

What happened? Of course, they didn't those features, it was all a lie and they just rug pulled by selling all the tokens they had and got away with it. Not that too much happened to them, as far as I know they got away with it and just live a rich life right now whereas we are talking about thousands of people losing that money and I was one of them unfortunately.
713  Economy / Trading Discussion / Re: Tips for good trading on: March 21, 2022, 02:31:33 PM
To become expert traders, of course it takes time, sometimes we have to dare to experiment even though sometimes what we buy turns out to be wrong, I think the best thing and the basis for becoming expert traders is to understand various technical analysis, because trends and events are always repeated so by understanding technical analysis we can make the best decision.
Learning how to trade already takes more time but how much more if becoming an expert with it?
Pretty sure it can take ages because trading is too complex. You need to learn different things for you to master it.

Experimenting is a part of the process of becoming a pro in trading so don't be afraid if you think you bought a wrong coin or if you bought the coin at a wrong time because that can also be a part of experimenting.

History can repeat itself but not all the time so don't be disappointed if you think you did your best but still fail and lose. What op shared looks basic but it can serve as a reminder because there are traders that eventually change their attitude when they think are now better at it.
714  Alternate cryptocurrencies / Altcoin Discussion / Re: Becoming a Bounty Manager on: March 21, 2022, 12:35:30 PM
Hello, I have a few questions regarding bounty managers and becoming.

Are bounty managers still in high demand? Is it difficult to become a bounty manager now and is it worth it to try to become one? Is it true that only reputable bounty managers get paid in BTC, while others get paid in tokens they are managing for?
It is still in high demand judging on the altcoin and token section of the forum because there are new threads that are being created every single day. I am not a bounty manager but I know what a bounty manager do and by that I can say that its difficult because you are handling hundreds of participants.

You need to scan every profile to see if they are qualified and after that you need to input data's in the sheets. You also need to respond on the groups if they have questions. Checking post and other stuffs are also needed. It is not true that only reputable managers get paid in btc but it depends on the owner of the project if what payment method he prefer but it can also be up to you if what coin you prefer but usually a bounty rarely pays in btc.
715  Bitcoin / Bitcoin Discussion / Re: When and how did you discover Bitcoin? on: March 21, 2022, 06:36:20 AM
I have discovered it via checking weird forums back in the day. I was interested in making money online, and I was looking at places that allowed people to make money by solving captcha, or other methods, and it would pay peanuts as well so it was really hard to send that money via paypal or any other method since it was so little.

I saw an offer that said they are willing to pay with bitcoin and then the limit would be zero, that way you could earn 2 bucks and would still be able to withdraw. These type of jobs usually had like 50-100 dollars withdraw minimum so that most people would work a bit and leave. So seeing that, I checked bitcoin and found this forum and rest is history. This happened about 7-8 years ago.
716  Alternate cryptocurrencies / Speculation (Altcoins) / Re: wrx token going continue down, why? on: March 20, 2022, 03:41:55 PM
Well, most coins in the market has been losing their value for quite some time now. I would say you should have patience for now, maybe with time it will go up again. Unless it is steady losing value every day, in that case I would say maybe it is best that you withdraw your money from the coin and maybe invest in another cryptocurrency or maybe hold it in a stable coin while you continue to wait and see what happens next.

as we know altcoins follow btc, so every time altcoins go down, you don't have to worry about it because it's normal for btc etc to go down. warzix will return to normal if a little pump. from the dev side when bitcoin is back up and normal reaches a new ath
So many coins these days do not have any correlation with Bitcoin and that means they wouldn’t be going up if Bitcoin is going up. They would just be making a move that is totally unrelated with Bitcoin’s market.

Since, I am not so sure of this cryptocurrency and this is the first time I’m getting to know about it, I wouldn’t really say that it is good or bad, but if the he truly believes that majority of Indians are making use of this particular exchange, then it might be worth holding. But, sometimes some of these exchanges can fake their trading volume or information like that and you will never be able to tell whether they are truly what they are or not.
717  Bitcoin / Bitcoin Discussion / Re: Ukraine: Zelensky signed the law "On virtual assets" today on: March 20, 2022, 02:16:10 PM
...If I remember correctly, they provided a crypto donation site where they accept up to 9 different crypto coins...
Yes, indeed, the official website of Aid For Ukraine has been created https://donate.thedigital.gov.ua, which presents the possibility of donating 13 different crypto coins. And I am sure that this number of coins available for donation will increase in the near future.
It is the first time I am seeing this kind of power move by crypto. We are literally changing the course of time with our donations and that is a very strong stance. Maybe this is just Ukraine for the time being, but if this keeps up, and Ukraine keeps being like this, then maybe we can start with other nations.

Who says we can't help Africa with their problem? Who says we won't to Yemen? Or Taiwan in a crisis, or Hong Kong? Or Mexico? Or Venezuela? I mean the nations that have a problem is not just one nation, we have so many nations with terrible situations right now and crypto world could get a great reputation for bettering the lives of everyone around the world. That would definitely put us above the financial markets in fiat world, who are already hated by most people anyway.
718  Economy / Trading Discussion / Re: Are you using trading indicators? on: March 20, 2022, 06:50:08 AM
I just want to ask this question, are you using indicator for trading? If using it for trading, is it helping you. I just want to go beyond what we are reading online and see what people will have on this.
I used them in past and yes it helps but nowadays it's too unpredictable and the indicators don't help as much. I am especially more active in the altcoins market due to the high potential of growth, and that market is more based on fundamental analysis than technical.

It would be good if we had some experienced traders here who could teach us how to use indicators and which ones are good. I have to visit youtube and google search for basic trading knowledge sometimes which sucks. There are many courses but I don't know which one is solid and trusted. I won't mind paying $100 a month to learn some advance trading from an experienced trader who has done it all.
719  Bitcoin / Bitcoin Discussion / Re: The House of Nakamoto: A Bitcoin store in Vienna, Austria on: March 19, 2022, 09:26:24 PM
It's a really good thing and I hope to see more of it in the future. It is like a peer-to-peer exchange but the good thing is that you get to see those that you are doing the business with. in my country we also have some stores like this that you can walk in and buy and sell your cryptocurrencies, so it’s really nothing new at all to me.

But, it is good to also know that this is not something that is just in my country and this also in other places. It would make a lot of people to feel safe when they are trading their cryptocurrencies, knowing that they wouldn’t be scammed at all since they are doing the business face-to-face with a trusted exchanger that has a walk-in center.

what actually they selling, coin only or other stuff. But it opened since 2017 it mean when bitcoin got first boom  Grin i just quick search it on google they selling bitcoin and some t-shirt and merchandise
Selling t-shirts and merchandise is not really their main thing but it will be just another means for them to be making extra income. Their main business is buying and selling cryptocurrency and making it easy and safe for people who do not want to sell or buy their bitcoins by trading online.

There should be more of things like this and I believe that as the government continues to allow the growth of cryptocurrency in their country and making it legal for people to buy and sell it, then they will continue to be more things like this and even better. and I’m looking forward to all that happening.
720  Economy / Trading Discussion / Re: EMA vs. MA(SMA) on: March 19, 2022, 07:11:12 PM
When you are trading, specifically trading daily, using as many indicators as possible could both help you but also confuse you at the same time. It would sometimes show the same thing, which makes you believe that you are looking at the right thing, but sometimes will show vastly different things in which case you would have to realize there must be something wrong with it.

All in all, I would say that it is really not that difficult to use EMA, so I would go with that if I had to pick one of these, I wouldn't be 100% certain and sure about my decision and think it is guaranteed success, but it certainly is fairly easier to learn how to use EMA than any other indicator.
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