Not all traders can use trading to make money. According to some reports that I have read before, most traders are losing. Those with small amount of money will lose because they risk more and not patient. When someone will think of trading to make himself money, he may lose. If you are trading, you should not consider it as a job. You need a reliable job. Trading is risky like gambling and it should not be seen as a job.
Even though trading has risks and at any time someone can lose money in the market, if someone has earned money consistently there he can consider trading as his job. There is a friend of mine who makes money through trading, so when people ask him what his job is, he will immediately answer that he is a trader, because from the start he entered the world of trading he has been focused on being able to make it his job and lucky for him he can earn stable money from it. So depending on the individual, he can consider trading as his job or not. What's the op is saying is about employability, he wasn't talking about profitability. It is true that many traders losses more than the gain. But then anyone who is into cryptocurrency trading for more than one year must have found a way to gain because you cannot be losing and losing and you continue losing. Some people make more money teaching how to trade than trading itself, some people write journals on how to trade and some people provide signals. In whichever way you are able to end in the name of trading, it is fine I should be recorded for you as a genuinely and money. Therefore someone who is a trader could be considered employed by himself if he is doing it professionally. Yet, it is advice that a trader should have another source of income to augment in terms of emergency and uncertainty because trading is a risky business. |
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^^^ With 8 billion people on Earth, that's (on average) 262500 satoshi's per person. Plenty enough to do business with.  Perfect answer. However, Bitcoin is still accessible to everyone, and anyone can accumulate it. Likely, you bought Bitcoin and want a quick pump. A lot of people in the world still don't know what Bitcoin is. Only a few people are aware and are accumulating as well. More people coming to Bitcoin means more value. And the majority of the few who knows about bitcoin just know it to be able to rise and give profits in fiat. Apart from the volatility of bitcoin, they are not interested to know any other things about bitcoin such as pseudonymity and decentralization . That's why majority will always sell when there's a rise in price. Making a profit is what these people are looking for. They are interested in buying Bitcoin because of the profit factor and we cannot deny it. So it is normal that people will sell their Bitcoin when the price goes up. I was like that too but I didn't sell all the Bitcoins I collected. In the future, it will not be easy to collect 262,500 satoshis because there is a possibility that the price of Bitcoin will rise very high. So we are still lucky to be able to buy 262,500 satoshis today with not that much money. Obviously you are correct, but then, before that time will clock, many of us might have sold our bitcoin for frivolities. Do you know how it works; I will just sell today and hoping that I have fiat to buy again tomorrow, but procrastination will play in, and I will forget about buying and eventually the price will abnormally rise and I will miss out the opportunity. If you look back the wallets you have used in the past, you will regret how you spent your BTC in the past. |
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Before you starts thinking of altcoin don't you think you have to focused on bitcoin before altcoin
Many of them ignores that important part of this halving. It's all about Bitcoin for this halving but since this is a scattered market where there's the distribution and impact from Bitcoin, they're all thinking of something that will rise up eventually or all of a sudden through altcoins that they're holding. They all want to hear what they want to hear but if it's about our suggestions about Bitcoin, they don't want to listen to anybody and they're pushing to what they think will prosper them, I have no problem with that but if they want to listen, then listen. Maybe they have owned some portions of bitcoin and are actually looking out for alternative means of diversification. They could also not have owned bitcoin but prefer altcoins for massive profits. There's when I was advocating bitcoin only, but now I believe in freedom. Investment in whatever you like provided you have made your due diligence and you are convinced of your choice. Not only being convinced, but also willing to bear the consequences of whatever your choice of investment brings to you. |
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^^^ With 8 billion people on Earth, that's (on average) 262500 satoshi's per person. Plenty enough to do business with. Perfect answer. However, Bitcoin is still accessible to everyone, and anyone can accumulate it. Likely, you bought Bitcoin and want a quick pump. A lot of people in the world still don't know what Bitcoin is. Only a few people are aware and are accumulating as well. More people coming to Bitcoin means more value. And the majority of the few who knows about bitcoin just know it to be able to rise and give profits in fiat. Apart from the volatility of bitcoin, they are not interested to know any other things about bitcoin such as pseudonymity and decentralization . That's why majority will always sell when there's a rise in price. |
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I have two things to say about Satoshi's Privacy and Anonymity. - Satoshi used the power of preconception: Satoshi did not in the middle of bitcoin project decide to be anonymous. He already thoughtfully strategized how to remain anonymous even before writing a single line of bitcoin code. So, nothing took him unaware. He was prepared from onset.
- Satoshi is still using the power of controversy: Even if the real Satoshi surfaces today, he won't be believed easily. So, the more controversy over his identity, the more impossible it is to unvail him.
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Correct me if I'm wrong, but there's a chance that you could become a forum moderator if you reported 10,000 post with higher accuracy. For example, let's say our local boards section needs another forum moderator. Surely, one of the candidates or possible moderators could be those who consistently report posts with high accuracy.
The then Ratimov who later turned to Symmetric had about 100,000 reports which is very far from 10,000 but he wasn't made a moderator. Maybe, it was in the early days of the forum, when there was spam feast that that could actually happen. Op, take spam reporters as secret police. They might not be known nor celebrated but they are doing their job. This is why people choose to be scam busters than spam reporters because they could easily get a positive feedback for a successful scam bursted. |
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There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.
However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably. this original topic comes from a local topic that I createdRead More: https://bitcointalk.org/index.php?topic=5464037.msg62727614#msg62727614Does it really matter if a trader is referred to as unemployed or being employed. It is even better that a trader is making so much amount of money and he is still being referred to as unemployed. It will definitely make him to save alot because many people are not expecting much from him because he is unemployed. So, to me, it doesn't matter if people see you as been employed or unemployed, what really matters is if you are able to provide for yourself and for your family. In this present century people does not actually need to know where you work, especially remote workers. Master your act of trading and bring food to the table that is all. |
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Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc), so where is the best place to trade nowadays? I have a Coinbase account already along with Kraken but not sure of other options that may be better. Thanks!
You already know Kranken and Coinbase, why look for others. What is the reason why traders look out for so many exchanges when they can just stick with a few reputable ones. Are you an arbitration trader? |
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Well, all investments are associated with their own risk. But the good thing is, you can definitely lower their risk if you have high knowledge and experience on investing on a certain project or asset. Like bitcoin, the more knowledgeable you are and more exposed to crypto investments, the highly capable you’re going to succeed in the future.
I have tried to reduce the risk in my Investments by investing only in the things I know how they work. This is a key that I learned in the year 2023. When you invest in what you did not actually understand at all, there is a great tendency that you can fail in that investment while others will be succeeding in same investment. The difference is experience. Investing in your learning is like seeing guarantees for your investment. Yes, there are a lot of crypto community or groups that will help you achieve that, but just a reminder, do not rely all your learning on them. Know your potentials and do your own diligence to learn. It’s still a lot advantage if you have stocked knowledge at first and then just add them on with those learning that you can acquire outside or from any crypto community group.
The op stated about the importance of learning, not only learning but investing in learning which is a good advice but in the end he rather suggested a crypto group that can help you make decisions. I think there is contradiction of purpose in his post, while trying to promote a group he added an advice to it in order to make his suggestions accepted. |
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BTC is expensive in the eyes of some beginners, but successful people are usually people who are able and ready with all the risks seen now it is expensive for BTC, but if you are strong and hold it until time, I think 2 units of mobile phones even more you will get back with a better brand.
My friend, the post-halving moment will provide something big later even though there is a slight difference later because this moment is eagerly awaited by many people including you and all who believe in bitcoin. Yes. You've made a bold initial decision of course
If you check the date Op was created, you will understand that it is September last year and from them till now, you will understand that bitcoin has increased miraculously. Assuming OP bought then, he should be in a great profit now. Talking about BTC being expensive for beginners is a usual thing. It happens to all newbies that are not guided. I was misguided also when I was a newbie that BTC was too expensive that I should buy altcoins. Meanwhile BTC was below 8k then. |
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Comparing mining and Holding should be done in 2 phases; - Early days of BTC
- BTC now
During the early days when the BTC reward of miners was high(50BTC), we could say that mining was better because the energy requirements was smaller then. Now, Holding should make more sense because Solo mining is definitely not profitable anymore unless one has to join some mining pools and the reward is recently halfed. However, it's subjective although. When BTC reward was 50 for miners just a few dollars could also buy food number of BTC. I can say holders make it more and would not be wrong. |
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I know this feature is never going to happen but if it does, it might be the end of BitcoinTalk and the signature campaign era and if it's not implemented properly. Imagine if someone with power were to demote others; this could easily be abused. I've never seen a forum with a ranking feature where members can get demoted. This isn't like the military or anything similar; implementing such a feature or action would be challenging.
It is natural that one will look back at their early stages in life and discover how good they have grown and smile. It is not normal to look back and remember that your good days were in the past. I mean 2018 some was a legendary and 2024 they become snr member, it is not natural. We even have trolls and spammers who are high-ranked members (Legendary trolls). This means that these chaps have never contributed something meaningful to the community debar having been around for ages. This ought not be so. What impression does it make on new members, especially now that Bitcoin is massively being advertised by big names like Blackrock? Some users buy accounts, so don't get confused when such things happen. Everyone have their styles, some people like creating a confusion and misunderstanding atmosphere, such that they will use the opportunity to troll and complete their posts. |
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Lock feature is not the problem, problem is the people who are not using the feature properly, in fact misusing it. The other person always can create a shadow of the topic when they want. I think it's absolutely fine to do that.
Almost all the features in the forum have ways in which they can be misused by forum members. Take for example; - Self moderation - Could be misused by scammers.
- Merit - Could be abused
- Bumping - By project owners to find a way to push their threads to the first page.
- Lock thread etc
In the end, every feature is vulnerable, it's just for we to learn how to deal and live with the loopholes. |
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Obviously I didn't say you should reply in a row (post in a row), I said you can post provided you didn't break the rules of the forum which means after a forum user have commented you can reply.. E.g Mr A commented and you have something to reply him, you can reply him. Mr B commented and you have something to reply, you can also reply him or you wait and reply them both in one reply. Both posting pattern is accepted and you didn't break any rules when you reply in both ways but if you reply in a row, both replies will be merge by a moderator.
There is no agreement on how to post for replies. If I am a user makes a reply, above my posts, there are some posts that I want to discuss, I can quote all of them and reply them in my single post. If I make a reply, after that reply, another user comes with a post, I can quote his post and make my new reply. Here, I have another choice to reply, quote it and edit my previous reply. Exactly what CryptopreneurBrainboss has said above. All are saying same thing from different directions. The rule is that you don't post consecutively. But if someone replies after you, you are free to drop another post. You can also post consecutively if you quoted someone in the first reply and then reply something independent in the second reply. If I'm wrong I should be corrected. Both styles don't break forum rules but posters often choose a first style than a second style.
It depends on the board. In meta for instance, the second style is mostly used. But in gambling discussion mega threads, people tend to use the first, especially people who has high posting requirements. |
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Recently, I've observed a trend targeting the founders of groundbreaking technological ideas whose identities remain unknown. Reflecting on this, I believe that had Satoshi Nakamoto, the creator of Bitcoin, been apprehended in 2013 during Bitcoin's early rise to popularity, it could have spelled the demise of the entire cryptocurrency movement. Without Satoshi's innovation, Ethereum may never have been conceived, and countless individuals might never have ventured into the realm of cryptocurrency investment.
I am of the opinion that if or assuming satoshi was arrested when you stipulated (2013), bitcoin would have still survived. The reason I said this is because, bitcoin was not centralized and later on became decentralized. It was just decentralized and open source protocol code from day one. Even in the absence of satoshi 4 years after creating the Bitcoin, there would have been many people to further the journey of Bitcoin as of then. Again, in as much as satoshi already sent email to some developers and released the Bitcoin white paper where he pened down all his ideas and the working principle of Bitcoin, people would have soldiered on from there and bitcoin would still exist. Although there would actually have been some controversies but bitcoin would have eventually find his way to succeed. The biggest advantage of Bitcoin which is the reason it wasn't aborted in its early stage is not the disappearance of satoshi, rather the decentralization of Bitcoin. |
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I get the impression that your post looks more like an anti-advertising of president Biden than a discussion of cryptocurrency prices. It's just my opinion.
The Op is just a strategist. He intentionally tittle the thread to be like cryptocurrency related. But yet, it's in the wrong board even if it fits. The speculation board should be better for the post. In as much as it has touches of politics in it, I'll not say it belongs to the politics board. But it's sure that Biden was grossly criticized in OP. |
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If you build a company and you are making 1 million dollars as profit every month and then spends 6000 thousand dollars to pay your works and then you are given the opportunity to buy robots for 1 million dollars that will do the jobs your works are doing without it having faults for 10 years won't you go for it there by sacking your workers.
No, if I ever build a company and if I make 1 Million dollars profits per month, then spending $6k to $60k per month of workers won't be an issue for me. I would never even think about purchasing robots even if I get one for $100k because they're nothing as compared to humans. I would never choose a machine over a living human who can use his own mind and has emotions which a robot lacks. A robot is always going to be a machine, and a machine is created to reduce the work of humans not to take their place. In mass production where automation is soly used, you do not need a human to do the work for you. No matter how prohuman do proclaim to be you are into business and you would always want a profit. In mass production where automation is used you don't need emotions or feelings to do work rather it's doing a kind of repetitive work for thousands and millions of times. Humans will become boring and leave, humans will complain of tiredness, humans will have misunderstanding, humans could cheat and humans get tired. But robots can work all day and night without complains and give you maximum productivity. The world is evolving, you don't actually know what the future holds. |
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The world has gotten to that point in which every product should have a particular price is been sold for.
A product that is been sold for $5 in USA should also be sold for $5 in Canada and China, this way it will help the world leaders to remove hunger in the world, it will also help grow the economy of every country because countries can buy product from one another at a better price, this method will really help in reducing suffering in the world because hunger is one of man's major problem.
The world leaders should sit and implement this policy every product will be given a price that will be comfortable to every common man in different countries of the world.
This is a very laughable idea and I could just imagine how you came up with this. This your idea is by no means scalable and it will not help the word economy. Without going far, let me use simple example and explain something to you. If country A has poultry farm, as such they have more chickens and eggs which they export. Don't you think it will be nice that if a dozen of egg is sold for $5 in other countries (B,C,D...), it should atleast sell for something less than $2 in the country it is farmed(A). If the country it is sold flat rate in all the countries, how do you augment for transport or shipment fees and other fees. |
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To be honest Banks have liabilities to other bigger banks and instutions If you own funds in bank it's not yours
In the future the new money system should be that at least some amount what you have in bank account for example up to 30k $ you can transfer into your private self custody wallet, i heard that's the plan and yes its needed.
Nowdays i feel like my bank account balance is just numbers and i have no control over it the true wealth i have is cash in my pocket or wallet and the cryptocurrency.
Also Banks hold extra liabilities to other financial instutions and bigger banks and you might have mortgage or car loan with your bank you might think they own it but not If your bank have problems than you might lose your home even you pay mortgage for your home.
The thing is that banks and other debit credit instutions don't expose to customers openly info about how much leverage or risk they have and liabilities what they need to pay to other financial instutions If not they must liquitate their assets.
In times like this you only want to deal with bigger banks and credit /debit instutions.
But i feel that crypto and cash are real money the bank balance on my bank account i feel little sceptical yes banks are safe but still i need that feeling that at least some of my funds are under my own control.
These were the exact concerns of satoshi nakamato that made him to create Bitcoin. You do not need to lament as if the government of your country mandated every of their citizen to have all their money in the bank. Bitcoin introduced a kind of liberty to us. Satoshi successfully created a way of being your own bank so you can choose to manage part of your money in Bitcoin and leave the rest in your local bank. You do not actually know what goes in the back end of the banks and other financial institutions in connection with their Godfather (the government). They work in tandem against the common man who sees bank as the safest place to save. The people have trusted the government so much that we give them all. You can decide to join the league of trustlessness. Run a node today and become a full bitcoiner. |
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I saw a new topic today on reputation board about Little Mouse. I saw the accusation as false. I wanted to post there but the thread has been locked by the person that posted the topic. The person has also been trolling on MetaWin campaign recently. Some newbies or someone may just read that his post and think what he posted is the truth about a campaign manager but which is not true. Why should a topic be locked on reputation board? It is about this forum members. Discussion there should be left unlock. Only pinned thread should be locked if need be. I am referring to this topic: Do not trust @LittleMouse as he is a Liar, a signature spammer and false accuser- Lock feature helps to moderate spam and not to fight scam or lies.
- Imagine you raised an allegation against a user and within the first few replies, you understood that your allegations are false, you apologized, but due to your inability to lock the thread, people keep bumping and discussing there.
- In the case of the instance you gave above, someone concerned (Little mouse) or some other persons could raise a parallel topic.
- I can also create a post to warn people but I don't want discussion there, I'll simply lock it.
- So, the importance of locking of thread in this forum is enormous and we can't afford to lose the lock function in any board.
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