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761  Economy / Economics / Re: The Thailand government will distribute money to its citizens. Economists critic on: November 16, 2023, 02:29:04 AM
If a country has financial problems and decides to obtain a loan in order to give the citizen a specific amount per month, then this country will not obtain more loans, as lenders do not like their money to be spent on services or individuals and will not return it in the future. these solutions are always for countries that have A budget surplus or additional funds to cover such spending.

Discussion in the local board will give you experiences from the reality in which people live.
762  Economy / Economics / Re: How to survive hyperinflation? on: November 16, 2023, 02:16:49 AM
Countries with hyperinflation have limited investments and limited access to money, as investing in stocks and Forex is considered a luxury. On the contrary, there may be restrictions on transferring to the US dollar or restrictions on withdrawal into the local currency.
Investment options are either in lending, real estate, gold, or commercial activities, which are not negatively affected by inflation because they maintain their value, which is usually the choice of many, and gold and real estate are the preferred choice for the majority.

Bitcoin is a new addition to the economy and may be the preferred savings method for millennials in the next few years.
I will choose to buy Bitcoin and invest in trade related to luxury, as hyperinflation means that there is a limited class that has become rich and does not know what to do with the money.
763  Bitcoin / Bitcoin Discussion / Re: J.P. Morgan Thinks the Big Crypto Rally Is Overdone on: November 16, 2023, 01:57:19 AM
JP Morgan's positions have changed in recent years, as they were repeating that Bitcoin is a scam in the year 2017, and in 2021 the matter changed to 'worthless' and finally they started saying Bitcoin Is Undervalued By 28%, and today they say Crypto Rally Is Overdone. It is an opinion that differs according to the different time periods, even if it takes effect. Regarding the price, you will find that in 2017 the price increased and in 2021 the opposite happened when they said Undervalued in 2022 when the price decreased.

https://www.cnbc.com/2021/10/11/jpmorgan-chase-ceo-jamie-dimon-says-bitcoin-is-worthless.html
https://www.forbes.com/sites/ninabambysheva/2022/05/25/jpmorgan-says-bitcoin-is-undervalued-by-28-says-cryptocurrencies-are-now-its-preferred-alternative-asset/
https://www.theguardian.com/technology/2017/sep/13/bitcoin-fraud-jp-morgan-cryptocurrency-drug-dealers

When they say one thing, do the opposite.
764  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your favourite Altcoin *design* ? on: November 16, 2023, 01:50:36 AM

When the design is such that the coin creators have no way to get coins cheaply and no way to profit from it, how can it be a scam?

You can design against scams:

* Proof of Work
* Coins can only be obtained by mining (i.e. no premine/mining tax etc)
* High initial difficulty
* Optimized miners available at launch
* Emission not too front loaded
... etc

What drives people to mine a currency that has no value? Even Bitcoin began to be easily mined, as anyone with an account could mine Bitcoin, and the matter became more difficult with the increase in demand, which led to an increase in the price. Proof of Work and mining does not mean that the currency is decentralized, but rather the number of people who manage the full nodes. If the currency is Proof of Work but the block capacity is 1 GB or more, then it is most likely centralized.
765  Alternate cryptocurrencies / Altcoin Discussion / Re: Inclusive Finance Crypto: Powered by Community Insight on: November 16, 2023, 01:30:33 AM
Fast transactions and low fees are at the core of our design to ensure usability across various economic scenarios. While we have a clear foundational direction, we believe community collaboration is key in refining our approach. Your insights are invaluable in helping us develop a solution that’s not only technologically sound but also meets real-world needs.
This sentence has decided many things, for example

1) The challenge of financial exclusion cannot be met by creating a token, you need a blockchain.
2) The blockchain must be based on proof of work or any proof other than proof of stake.
3) Developers must be anonymous or they may be arrested.
4) You will not get direct support from banks and large companies.
5) You need to focus on privacy and decentralization.

Your mission will not be easy and will not be profitable within the short term, i.e. 5 years.
766  Economy / Trading Discussion / Re: How did you overcome the hurdles and gain confidence to trade as a Newbie? on: November 15, 2023, 01:44:16 PM
Repetition, experimentation, failure and error are the best things to learn, and by using them you can develop until you have a sixth sense through which you can judge new projects for which no data is available. Start learning trading from books and YouTube channels, learn the basics and create a demo account, trade with zero risks and gain Try it and then you will be confident in your trading decisions.
767  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your favourite Altcoin *design* ? on: November 15, 2023, 01:30:52 PM
There are thousands of projects in the cryptocurrency market, but they are tokens based on a blockchain that has some or all of these characteristics, and the criterion for comparison is always the fees. Therefore, if you research and divide the available blockchains according to the criteria that I mentioned, you will find that more than 90% of the cryptocurrencies are similar and some things They are related to each other, as the answer to the consensus model question will automatically answer the issue of emitting, censorship resistance, scalability, decentralization, avoiding wealth concentration, which are all sub-points of proof of work or proof of stake.
768  Alternate cryptocurrencies / Altcoin Discussion / Re: AN OVERVIEW OF LAUNCHPAD PROJECTS; ANY WORTHY PROJECTS TO LOOK OUT FOR? on: November 15, 2023, 01:07:35 PM
We cannot give you a list of projects because the price of Bitcoin has not started to take off and may not start taking off in the next 5 months. Therefore, setting such a list would be a waste of time. Wait until the price of Bitcoin starts to move, and then the probability that the price of alternative currencies will increase is high, and from this you will determine which launchpad projects are the best.
769  Alternate cryptocurrencies / Altcoin Discussion / Re: Inclusive Finance Crypto: Powered by Community Insight on: November 15, 2023, 12:55:28 PM
You are talking in a general framework and without describing the problem that the cryptocurrency can achieve and whether it has been solved before or are you offering a unique solution with a clear mechanism for solutions or what is the thing that you are trying to develop.
Saying that it works to empower users through practical and effective financial solutions is a general description, and the least you need now is a practical explanation of your idea through a white paper, as it is the basis on which discussion can be made.

chain platform. This isn't just about launching another token; it's about starting a movement where each participant has a say in how we move forward.

I am surprised that you mentioned “selecting a blockchain platform:” and then you said “isn’t just about launching another token.” It is likely that you will create a token. If this is true, then the probability of the project’s failure is greater than the probability of its success.
770  Bitcoin / Bitcoin Discussion / Re: If Satoshi were here, what question would you ask about the future of Bitcoin on: November 15, 2023, 12:25:10 PM
High fees are one of the problems that have been talked about a lot and many solutions have been proposed. Every time we notice that you can send a transaction and confirm it with one satoshi per Vbyte, the high fees are a temporary problem and not a permanent one.
When Bitcoin has value, every byte added to the block is valuable, and I do not think that projects related to Ordinals will add more continuous spam to the network. What would Satoshi change here? If Bitcoin is centralized, then his idea has failed. If it is not centralized, then Satoshi’s role is no longer influential, and even if he expresses an opinion, his opinion will not differ from the opinion if the network were decentralized.
771  Economy / Service Discussion / Re: Cryptocurrency (Bitcoin) Price Alert Notification. on: November 15, 2023, 10:00:19 AM
This helped me these days when bitcoin was going up because I set it to get information. Once the price reached the alerting point I would just got alert and check trading view to see if it is correct and when I would checked all would be accurate. And that is why I also recommended to you after the first time I used it to get the alert.
I expect that you have a lot of free time or have constant access to the trading platform so that you can place orders after reading the notifications. Otherwise, these notifications will represent more psychological pressure because you will not be able to access your device every time the price notification is available.
Trading automation is best done by trading bots, which guarantee you much better results than receiving real-time notifications.
772  Economy / Economics / Re: House to consider stopgap funding measure today to avert government shutdown on: November 15, 2023, 09:45:24 AM
If the debt ceiling will be raised every few months, then the matter has changed from being an economic problem that must be considered to a political issue that will be pressured to obtain concessions every few months, and in the end the debt ceiling will be raised.
There will be some discussions and theories that the United States will default on its debts, but at the last moment more money will be printed, which if it continues, within 10 years, the debt ceiling will be raised on a monthly basis, so to save time, I hope it will be raised by tens of trillions as long as they will print more.
773  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a peer to peer method less popular than as an investment on: November 15, 2023, 09:18:50 AM
Uses will not come unless the thing has value, and this value will only come from the high price. The rise in the price of Bitcoin may be a reason for people to return to using it as P2P if we reach a price after which increasing the price becomes very difficult, just as happened with gold, and it can happen with any asset that reaches a value. Considerable marketability. Some people still use Bitcoin as a store of value, but as long as the transaction is peer-to-peer, then Bitcoin still serves its purpose unless it is kept on central platforms, and here Bitcoin fails to achieve its goal.
774  Economy / Trading Discussion / Re: minimum amounts to buy and sell a coin when trading on: November 11, 2023, 12:35:43 PM
Good platforms have a Frequently Asked Questions section that contains questions such as the lowest deposit amount and the highest amount. You can deposit higher than the written amount to avoid any problems or ask the uncle team directly, but the question remains in choosing a good platform, since you choose a fraudulent platform, and even if you deposit a dollar. One of them will be stolen from you, and you must research and focus on the possibility of withdrawal. Can it be done without KYC?
775  Other / Beginners & Help / Re: [Tutorial]How to monitor multiple addresses without Insert seed and key on: November 11, 2023, 12:25:43 PM

Yes, you can add any address. But I did not know any reason of adding an address that is not yours.
I thought it was just an option to list the MPK and not any address. Thus, I would not need to copy and track only the Bitcoin addresses that I do not have the keys to, such as the binance address, where I can send and add the address in a new label and verify that it has arrived and then open my account instead of opening the account and searching in blockchain Explorers.
It's an alternative to crypto balance tracking especially for someone who doesn't invest in altcoins
776  Other / Beginners & Help / Re: [Tutorial]How to monitor multiple addresses without Insert seed and key on: November 11, 2023, 10:55:38 AM
adding master public key will give you a trusted way to generate a new address without need to include your wallet seed,
It is an excellent choice for anyone who wants to create more addresses without risking losing money.
I did not know that you can add different addresses and monitor them. Is it possible to add an address to a wallet that I do not own, meaning adding any address that I would like to monitor and the wallet will show me the total balance?
777  Economy / Trading Discussion / Re: Trade Supreme Finance HYPES token on MEXC - 5 billion total supply on: November 11, 2023, 10:47:49 AM

How do you bring up both of those two different bolded sentence parts in one paragraph? Don't you see that you are contradicting yourself? The HYPES token simply a pump and dump token and once it starts dumping, it will be endless until there is no more volume, delisted from the platforms and completely dead.

I mean, look at the chart of this token... you really think it's going to miraculously resurrect?
I think he is trying to say that this token will be pumped soon so it is a golden opportunity because it will be listed on HTX.
I do not think that the premise of investing in his currency is dead because it will be listed on another platform and thus a golden opportunity for investment is a wrong conclusion. Anyone who wants to think about this should make sure that this currency will be listed in HTX before making any decision
778  Bitcoin / Bitcoin Discussion / Re: Can anybody help me debunk the Tether risk? on: November 11, 2023, 10:03:47 AM
All allegations about Tether enough funds to cover the transactions are true and you can verify them, but people’s trust in this currency is what makes it shocking, and if anything happens that shakes this trust, the price of this currency will be one cent.
There is a decentralized currency, which is DAI, and it is not possible to freeze your money inside the wallet, but this currency still depends on USDC, but in general it is much better than USDT, so use it or withdraw your money to cash if you want to keep it for a long time.
779  Economy / Trading Discussion / Re: Mistakes to watch out for on: November 11, 2023, 09:24:53 AM
I would like to add that psychological trading, which depends mainly on you looking for a quick profit without specifying the amount of profit, is destructive to trading. The most important thing in trading is that the profit is the moment of purchase. Make a clear plan for the profit percentage and sell as soon as you get your profits. Trying to be greedy or accumulating more money is what often makes you lose money, and there is no trading with 100% profits, but sometimes you achieve profits and sometimes losses.
780  Economy / Trading Discussion / Re: Has anyone got around Korean capital controls? on: November 11, 2023, 08:34:51 AM
Kimchi Premium was exploiting the difference between prices between South Korean exchanges compared to other exchanges, but all of these things changed after arbitrage trading became useless, and since the price of Bitcoin became closer on all platforms, given that there are many trading bots that work quickly to balance prices, it is impossible. If you find a price difference of 30% and so on, the best you will get is 1%, which is more like a waste of time or a profit that can be generated through spot trading.
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