CEX Means Centralized Exchange which indicates it has been controlled by central authority. So basically all the exchanges operate worldwide and cooperate with legal authorities. Exchange is obliged to provide users data in case any legal authority asks. So they are forcing us to pass KYC by submitting our legal documents. Nowadays it's hard to find exchanges without KYC. Though there were a few exchanges like KuCoin where KYC wasn't mandatory there were withdrawal limits. But day by day all the centralized exchanges requiring pass KYC to use the exchanges.
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I doubt you are probably shilling here. I don't suggest anyone invest in brand-new projects and shit-coins anyway. Because this is the way to vanish your portfolio. Though there is a chance to take advantage of pump dump after a few days new projects and sitcoms become dead. So it will be hard to make money from pump dumps. In summary, I would prefer to invest in Bitcoin. Just keep in eye on when a dump happens and take entry. Hold until you get a good profit from there. Make your target when you will release your holding. That's how you may achieve your goals instead of investing in a shitcoin.
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I never encountered any crypto hack yet, but one of my friend's wallets was hacked though it wasn't Bitcoin. His metamask wallet has been compromised and lost BNB & USDT. From his investigations, he had connected his wallet to an untrusted site that drained his entire wallet. So before connecting your wallet to any site make sure it's trusted.
For me, I always try to secure my holding with a non-custodial wallet and don't connect my wallet to any untrusted sites. If I really need something and connect my wallet anywhere, I just create a new wallet and connect. I care about my private keys and seed phrases. For Bitcoin, I use a Ledger hardware wallet that is quite impossible to hack without compromising my seed phrase. Remember, don't click any popups from any sites with greedy offers. That might hack your device and wallet so easily.
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Something new I learned to be honest. It's highly possible miners congested the network themselves to increase the transaction fees. Though I am not familiar with their technical part, theoretically miners are doing it. As a general user, we won't make dust transactions, because it will waste our transaction fees. Perhaps a couple of transactions were made by users by mistake but it won't be in bulk anyway. So I agree with OP's suspension.
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I heard about crypto zombie during Marketing crypto projects but never followed them yet. So I am not sure how accurate their forecasts or analyses are. I don't follow any specific signal groups for Bitcoin trading. I just follow some channels that provide crypto news and analysis faster which makes it easy to make a decision. I just don't follow anyone blindly in the crypto world. Because no one can predict anything accurately. They just are pro traders and make their analysis. Sometimes analysis becomes true and sometimes not. However, we should follow them just for learning, not for trading anyway.
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Welcome to the forum. I don't know your intention of joining this forum. If you want to learn about cryptocurrency then this is the right place. Just take it as a crypto academy, not as an earning platform. Most newbies think of Bitcointalk as an earning platform and regret it in the end. Read as much as you can from the forum. Always try to use the forum search button in case you intend to create a new thread, it will prevent unnecessary spam from the forum and you may get your desired answers from the search.
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The only true decentralization is Bitcoin, all others aren't truly decentralized Anyway. You may call them semi-decentralized, not truly decentralized. Because almost everything is controlled by a team. I am not sure about the Coinbase platform since I haven't used it. But Binance p2p won't be decentralized, I don't know where they claim it. To be honest it's become hard to think of crypto without centralization. If you hold Bitcoin on a non-custodial wallet then you may claim it's fully decentralized. Though Bitcoin is truly decentralized, we can't control it unless we store our own non-custodial wallet.
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It's unrealistic expectations from Bitcoin. Bitcoin is known as a highly volatile cryptocurrency and most probably that's the reason how its become the world's most popular cryptocurrency. Bitcoin is called a mother coin as well. However, due to the nature of the volatility, investors could take advantage of it and make money. So it won't possibly stay always above all-time high anyway. Don't just try to make Bitcoin like a stable coin. But we all know Bitcoin will break its all-time high again, it's just a matter of time. We have to wait with patience with those are holding Bitcoin. Times will come but not so fast.
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If you search over the forum you will get a lot of threads like this. The government always has issues with Bitcoin except in El Salvador IMO. Because the government has always been changing minds about Bitcoin even few of them allow Bitcoin. Sometimes we saw even the US became too strict. The main factor why the government doesn't like is decentralisation. They want control over the Bitcoin which is impossible anyway. They might control centralized wallets or exchange them to get tax. But won't control Bitcoin.
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We may get random data from the internet which exchange holding how much Bitcoin, but that doesn't mean this amount would be accurate. Holding means their holding actually, it shouldn't count users' funds. I believe all the exchanges hold Bitcoin but unfortunately, we won't get accurate data. They might hold different addresses and wallets. Unless they announce it officially we may just guess.
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My opinion is the same as OP's. If they accept crypto through PayPal then it doesn't make sense. Because it's not a crypto adaption at all. It's like a fiat adaption because PayPal is a fiat gateway. My country even doesn't allow PayPal, if there is no direct crypto payment it's useless for me. I am just saying my scenario. For the crypto community, nothing positve here.
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The number is huge, half of the population holding crypto in a country means a very big number. I am not sure how they survey these numbers, but I don't believe it's true. However I have a few crypto friends in Turkey as well, and we often talk regarding market conditions. Seems they are more advanced than us. So pretty sure Turkey is a crypto-friendly country, but I don't think half of the people are involved with crypto. If the news is true then of course it's better for the overalls crypto community.
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The most challenging fact during investing in Bitcoin is to find the right time. Basically, we can take advantage of the volatility, for example when suddenly happen a big dump, we can accumulate then. If we see the chart we can notice that Bitcoin recovers after each dump. But it hasn't recovered ATH to create another ATH. But hopefully someday will recover too, just need time since it was a big dump. In summary, we should take lessons from each dump, so we may find a fantastic time to invest in Bitcoin and print some money.
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Hong Kong is the most popular for business & trade. That means Hong Kong wants to include crypto as well in their business portfolio. Since Hong Kong is controlled by China now, China agreed to allow Hong Kong to run a crypto exchange that will enable Chinese traders to trade crypto. So it is good news for Chinese people. Besides I don't see much impact on the market for this news. But if China is influenced to ban crypto again then it will have a big negative impact on crypto industry.
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Thanks for sharing your success story that would encourage more new people to invest in Bitcoin. For me, Bitcoin directly helped me to change my life as well. Once a time I worked abroad and have been doing a job. Though my position was good and it was enough to survive right away, it wasn't enough to do something big. But once I involved with Bitcoin my lifestyle changed. Though I haven't bought a car even though I am capable of buying, I built my own home from my Bitcoin earnings. Besides the signature campaign, I have been working crypto marketing service. So that's how I became established.
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~snip~
Wow, great found my friend nutildah. Yeah, I use tools to rewrite my articles to make more better and fix grammar & typos. But I never use tools to generate articles, it won't match with any post bro. I don't think my posts are out of the main thread. I use chatgpt of course and have previously been using Grammarly. I was comfortable with chatgpt. Again, I never generate entire articles. I use the command fix grammar or rewrite articles. Even I don't allow to add additional sentences. Anyway, I feel better with Grammarly. Nothing here to argue since I admitted what I did. I will keep using Grammarly instead of chatgpt from now. Thanks for bringing it up BTW.
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Why concern yourself with haters? Despite presenting numerous reasons to support Bitcoin, they'll continue to harbor negativity. I suspect some haters might secretly engage with Bitcoin for personal gain, but that's just my opinion. Regardless, Bitcoin thrives for us even if detractors wish otherwise. Haters may criticize, but they can't alter reality. Instead of reading their content, concentrate on our objectives and accomplishments.
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I have doubts regarding the news; it could either be true or false. If you possess any dependable sources, kindly share them. Anyone can openly contribute to the Binance feed without limitations. However, it's worth acknowledging that significant entities like big whales or institutional investors could potentially influence the market to their benefit. Despite the potential harm to current holders, preventing such actions is challenging. It might be wiser to leverage their manipulations to potentially gain from them.
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Pressuring individuals to invest in Bitcoin isn't advisable; it could lead to negative reactions and avoidance of Bitcoin. Instead, it's better to provide a clear explanation and encourage independent research. This way, they can gather information online and make an informed decision. It's important to be transparent and share both the advantages and disadvantages of Bitcoin investments. By doing so, people can make choices aligned with their preferences. Just wondering, did your mother truly benefit from investing in Bitcoin?
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What's the rationale for the future preference? You have the option to start accepting Bitcoin immediately, given that both parties are well-informed and in agreement. Despite Bitcoin's volatility, you can always calculate its present value when receiving it in USD or fiat, making it feasible to incorporate Bitcoin for tuition fees. This could be advantageous for you or the recipients if they choose to hold onto it.
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