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81  Economy / Economics / Re: Not your keys not your funds Banks on: May 08, 2024, 02:30:45 AM
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.

It's not like that , yes you're right to some extent that banking system is not something that can be idealized to keep your gold and money. They basically invest your money and take huge amount of profits from which you're given a small amount in form if interest.

That's why when you go to a bank and ask them to withdraw all your amount they don't allow you to do so because they've invested almost all of their amount in bank except some.
82  Economy / Economics / Re: Food shortages coming to the United Kingdom, BUT - on: May 07, 2024, 02:45:18 PM
why is the government of all industries to mess up the farmers who feed us all? afaik they ban fertilizers as well.

people not eating enough will all be hot-tempered. people today are very dependent on the food in cans, we don't even know how to catch fish so when people get hungry, they steal food. it's not good for leaders to rule a country full of hungry men because everyone will just be looting supermarkets.

They do it on purpose. It is all fabricated. Just like covid. Seriously though, why haven't anybody caught covid19 this winter? I see nobody is fainting on the streets anymore. Come to think of it, I only see these fainting people on the internet and they were from China. I never saw it anywhere else.

The next major fabricated disaster will be the climate change. Food shortages is a side/minor disaster like energy crisis. This will lead to a world war if these politicians don't come to their senses.
Nobody here is denying the purpose behind all this but what we need to see is that is government trying enough to install the alternatives? Are the people satisfied with the availability of the item as they were satisfied before these laws were implemented.

That's very important to consider because we need to cater the issues of people.
83  Economy / Economics / Re: Take care of your money and learn to save. on: May 07, 2024, 01:42:26 PM
Don't learn to save, learn to invest because that's much better than just letting your money stagnate in your bank account when there's the potential that it can grow when you invest it into something, remember that if you're presented the opportunity to invest especially if it's crypto, just go ahead and take it, there's no harm in going for that and it's probably much better for you to do it anyway. Regarding taking care of your money, best thing to do is to spend on your needs first then splurge just a little on your wants, remember that life isn't always about money, and if you don't live a little using the money that you earn, you're probably susceptible to break down and depression that would affect your life in the worst of ways, and you can prevent that if you just live a little.
Yeah that's more appropriate to invest your money into the right direction because of Time value of money. The money will lose its value as time will pass but your investment will get you some good profits if you do it into the right direction.

So the money invested into the right direction is far better the the money that is stacked up into your home. Try to be smart and hardworking at the same time.
84  Other / Politics & Society / Re: What were you told about the slave trade. on: May 07, 2024, 01:10:17 PM
What were you told about the slave trade.
Was it in any way helpful to the world economy or brought pain and sorrow to people.

Slave trade has it economic impact to the world it helped some countries grow there economy and till date that economy impact it helped to grow is still effective.

Slave trade also caused pain to people it was so painful for those seen as victims you needed to stay alive or die.

After the end of slave trade, it gave the world another face of economy activity every nation became more serious in developing there self's  and the focus of trading natural resources became more serious till date.
The most illogical question I have ever read on this forum is your congrats!

If you need to know the definition of slave trade or how it is processed you can definately go to any AI platform and ask it about the queries you have what's the point of discussion here? Be relevant to the topics please so that maximum benefit can be taken out of this platform.
85  Alternate cryptocurrencies / Speculation (Altcoins) / Re: "Experience the Innovation and Transparency of BitDonation: Click Here Now!" on: May 07, 2024, 09:23:44 AM
We recently introduced the BitDonation platform, based on blockchain technology, with the goal of revolutionizing the donation market and providing transparency. We aim to transparently record the donation process through blockchain and enhance trust between donors and recipients.

We would like to discuss the objectives and features of BitDonation and hear your valuable opinions. We want to know what you think about this project, your expectations and concerns, and any additional features or improvements you believe are necessary.

Our goal is to create a better donation ecosystem. Your feedback is crucial to us, and discussing and developing together will play a significant role in the success of this project.

We appreciate your participation. Let's shape the future of BitDonation together!

Thank you.


https://bitdonationps.com
That's not the platform where you promote these kind of projects. Testing phase should be done by by good marketing teams or by other testing techniques.

Yes you can have an insight about the features of the project as you mentioned that you need some recommendations related to the ecosystem that you need to develop. I hope you can build a strong and healthy ecosystem because it's very important for any project to have a strong ecosystem to succeed in the market.
86  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Damn the fees on: May 07, 2024, 03:40:38 AM
The slogan is 'Free-to-play gamefi,' but the fees are sky-high! It's just too much. I understand that gaming companies aren't charities, but can't they lower the fees? Seriously, I've worked hard to earn these coins, and when I'm excited to withdraw them, the fees are so high that I end up losing money. It's really disappointing. No matter how fun the game is, people can't endure this. Today, I want to introduce a breath of fresh air in the GameFi space, a truly free-to-earn game - ShanHai.
If this is the case then the project might not be a long lasting and constructive one. At launch or after some time the projects mostly offer low fees so that investors can get benefit while compared to other similar projects.

This strategy derives most of the customer to the platform while if you do opposite to that it'll take your project and it's investors both down.
87  Alternate cryptocurrencies / Altcoin Discussion / Re: Will MemeCoins Fuel the Next Crypto Craze? on: May 06, 2024, 08:27:46 AM

Look, I get it - meme culture is now ingrained in how we communicate online, especially in the crypto world. We've seen the soaring popularity of meme coins like DOGE and SHIB, capturing people's imaginations and FOMO.

But what if the next big meme coin sensation came from a random underdog project? Take Maneki for example on the Solana ecosystem. This Japanese lucky cat-themed coin started as just a community meme, but now sits at a $200 million market cap after doing crazy supply burns and incentivized liquidity schemes.

Solana has been brilliant at gamifying crypto and rewarding its growing community with meme-fueled airdrops and incentives. It's like waking up to free money in your wallet - which undoubtedly helps onboard new users. And now with exchanges like Bitget listing Maneki, the hype cycle could really take off.

Let's be real, while lacking fundamentals, meme coins provide the speculation and hype that attracts newcomers to crypto. In these tough market conditions, they're among the few assets still generating profits for degenerate traders. Established assets like Bitcoin and Ethereum have become stale and boring for many.

The rising meme coin mania shows the power of community narratives and viral cultural trends in this space. If cultivated right, the next memecoin could very well capture the spotlight in 2024's bull cycle.


I think that meme coins will be the biggest marketing strategies that altcoins will follow in order to promote their main project they'll launch many other side projects in form of meme coins.

Now the point here is that meme coins are giving profits more than altcoins but on the other hand there is a very big risk involved while investing in them. People are either losing too much money or gaining too much money there is no balance.
88  Alternate cryptocurrencies / Altcoin Discussion / Re: BCH, accessing them with bitcoin keys? on: May 06, 2024, 05:48:06 AM
I was listening to Mr.  Saylor explain as to why it's important for the founder of bitcoin not to move coins.  It shows that bitcoin was never meant to be something that was built for profit.  However true this is, if coins are moved what are the implications?  And if one person holds coins in bitcoin before 2017 doesn't the same person hold coins in BCH?  Why would Satoshi want to move coins if he could just move BCH?  Asking for a friend.
I don't think that moving Satoshi is possible.In these type of market conditions where every project is facing major dumps it's not possible to shift a coin. Coin shifting is only possible with losses and a project can bear losses only if it's is running on a positive condition.

Even if the shift is done for the sake of argument it'll not change the view and perspective of BTC in peoples mind. It's usage will remain same and it will not be affected much.
89  Alternate cryptocurrencies / Altcoin Discussion / Re: Most "Memecoins" are not even coins, most "Memecoins" are tokens on: May 06, 2024, 05:30:02 AM
When it comes to memecoins, it needs to be mentioned: Most "Memecoins" are not even coins, most "Memecoins" are tokens.

Often, it is just a marketing move to designate a crypto asset as "Coin" but in reality, it's a token.


A coin is based on its own, unique Blockchain, like Bitcoin, Litecoin or Dogecoin
A token is based on an existing Blockchain, like Ethereum tokens (for most ICOs) or based on BNB (for many Memecoins).

And today, most "Memecoins" are not even coins, most "Memecoins" are tokens. Keep in mind when investing.
Yeah but I think it's the most advanced and till now the most successful marketing strategy so far. People are very much attracted to these kind of meme coins and when they invest in meme coin they get to know that their performance depends upon the real project of whose the meme coins is.

Now what happens that people start to take interest into the main project because of its linkage to meme coins and in this way meme coins market the real project.
90  Economy / Trading Discussion / Re: Lack of capital or knowledge, which one is holding traders back from profits? on: May 05, 2024, 09:39:44 AM
This question came to my FYP on X and I could relate because at a time in my life it was the lack of knowledge of not knowing how to trade that was holding me back from making profit until I started learning how to trade from my mentor and I can make some profits when I get my reading of the market right. I also had the challenge of getting capital that I can use for trading because I was depending on my trading profits until I got to know that trading needs a trader to have other jobs because you can not only depend on trading profits when you do not know how to trade excellently. Other traders are having difficulties in trading because they do not have the right information that they need to become good traders or because they lack the capitals.

What can you say about this two problems, how will you advice a trader that is suffering from any of this problems or how did you get out of the problem if you had suffered from having lack of capital or lack of knowledge. Which of this problem is more common among traders?.
I think there is a mixture of both because we can't choose one. Knowledge is the key to the door of success but capital is the mold that is used to make that key. Be aware that too much knowledge is harmful and too much capital is also very harmful for your health and asset's also.

You have to learn and gain knowledge and then invest tha capital so that you can gain profits more than losses. Both are very important in my opinion.
91  Economy / Trading Discussion / Re: Invest To Learning First on: May 05, 2024, 09:06:10 AM
Investing will never be risk free and finding 100% sure investments is pretty unlikely. But it does not mean that all investment opportunities are sketchy. Actually if you look and study carefully, you can find low risk investments that are established and very good for investments. Then as you learn more about how the market works, you can start learning about taking on high risk investments that might give you bigger rewards.

Having the basic knowledge of any investment you want to start is one of the major thing someone to do anytime they want to enter a specific business, and that is the only way to be successful trader or investor, because there is no way they will be able to manage the risk associated with investment without knowing the knowledge of where they want to invest in to. So before someone earn they need to learn. However, when it comes to comes to taking risk in a business, someone’s have to be very careful about this, because that is what will make someone to take care of their investment, and get profit from it.
Being knowledgeable should be necessary in order to succeed any investment and overcome all its risks. Otherwise, you will be clueless on how you will run your business and will certainly put your business at risk if you have no stock knowledge or experience about the business or investment you are into. This is why some individuals manage to study first or even enroll in some universities so they can be highly knowledgeable on the investment they are planning to build. Through that way, there will be high chances for the business to succeed in the long run.
Being knowledgeable is good but the one who has learnt by losses is the guy who cannot be beaten neither be left behind in any kind of business. Whenever a person do the business losses are a part of their path but how to control your nerves while bearing losses is the biggest thing someone can learn.

That's what losses make you to learn so you should be knowledgeable but on the same time you must also have an experienced life.
92  Economy / Economics / Re: The role of private sector involvement in Economic growth on: May 05, 2024, 08:02:41 AM
Private sector refers to business owned and manege by individuals which are not government funded, private sector include business, companies, commercial banks etc which are owned and manege by private individuals who has nothing to do with government for the purpose of profit making

The role of private sector in developing the economy of any country is very crucial and important as the role of government in society is for protection of life and property and creating the right environment for business to strive
All over the world it's private sector that has helped the economy of nations, private sector involvement is needed for economic stabilization as government only can't do this alone

Private individuals are encouraged to start up business for the purpose of profit making in so doing they're in turn creating wealth
Let take an example of say an individual who is interested in sports business and brings out money to setup a football team, first the person will start by employing young youths and them of the street and labour market and at least for a football team to be set up you must need at least fifty individuals from the players to the couching Crew to the backroom staff then  the team that has been setup will need a stadium where they will be playing their match's so they will set up a structure in form of a stadium and this newly built stadium needs to be cleaned and and we'll taken care of so more people are to be employed again and salaries will be paid to them at the end of the month

So while the owner of the business who is profit oriented gets his return for investment when the team wins a league title or from transfer of players and from tickets sold to fans who come and watch their match's he has created wealth to his employees by way of paying them salaries which in turn translate to economic growth
Yeah I think private sector has a very important role in economic development but government has a big role in supporting these kind of private institutions and Businesses so that they can easily run their business.

I have seen that in unstable countries where there is no political stability it's very difficult to be a private business owner because you face a lot of backlash from government sectors.This needs to be addressed.
93  Economy / Economics / Re: Also consider your mental State of health while investing for wealths. on: May 05, 2024, 07:12:15 AM
I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.
I think that's the most powerful side effect of businesses that you have to manage many things while you're doing your own business. In 9 to 5 job you are working as a worker for someone's business so you don't have any worries of its profits and losses.

But taking tension is not always negative because it'll come out much richer for your when you'll do it in the right direction.Maintain a balance between your health and business.
94  Economy / Economics / Re: Ever dreamt of turning your passion into profit? on: May 05, 2024, 06:53:03 AM
Turning a hobby into a business sounds so fun! But I bet it has its challenges too.  What did you do for fun that you managed to monetize? I wanna hear all about how you went from hobbyist to entrepreneur!

Tell me, what struggles popped up as you worked to turn your passion into a profit? How did you push past them? Got any pro tips you can share to help other hobby lovers try to make it big? I love hearing stories of folks who bet on themselves and won.

I think it's the most courageous decision you can make to be happy and successful both in your life but it's not always what you want.Sometimes your passion is not supported by the society because it doesn't have a scope and sometime family pressure doesn't let you to follow it .

There are one in a million people who are lucky enough to get their dream job or turn their passion into their source of income.
95  Economy / Economics / Re: Take care of your money and learn to save. on: May 05, 2024, 06:38:10 AM
People's financial situation is not always the same as we have enough money now but in the future we may not have enough money to spend. Now we have enough money so now I will go out of my way to spend money as I want for no reason then later when I don't have enough to spend but no one else will give me money to spend. It is a fact that as long as you have money and as long as you spend money behind others people will speak for you and people will be with you but if one day you want to walk with them without spending money then you will find no one to walk with. Since money brings people closer and money drives people away, money should be given the most importance. 

The amount of money that we are earning now is divided into several parts and the remaining money is the money but if we want we can invest or save so that if there is a financial crisis in the future but this saved money will support us well. 

We must be careful about money, if you are careful about money then there is no problem if people call you stingy because some people's job is to say bad things about others.
Yes it's important to save money but on the same side it's also very important to enjoy every phase of life you have. You can get money at any age by doing hardwork but you can't get back the phase of life you missed.so it's very important for someone to maintain a balance between these two things.

Now what's the point to have a balance? It's because enjoying is as important as saving money so everyone has to develop a relation between these two so that they can have a good and balanced life.
96  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Over the next months meme coin investors will get most rich on: May 05, 2024, 05:18:26 AM
Early investors in btc now have lambos.
In London UK there is strong meme coin Community yesterday i was there i been told that join the projects wich gives marketcap targets and team and promoters will buy the tops this way it can keep stable bullish
It's all about to marketcap up together with buying.
Everything else is quitet sp500 no action commodities markets gold oil and btc only for big investors but meme market care about how retail can get rich.
When you see lambos and g wagons on the steeets u know it's meme business.
I can only imagine how high price Will be SOLANA soon i think solana price this year 3000$ easy because of so much demand.
No much knowledge or skills just find meme coins with mc targets wich teams buying up each top of mc and you become rich not just rich but grazy rich Im sure many people Will lose their minds overnight wealthy people Will be created.

But nothing special of this don't forget that Community is power and collected capital have power the big names of wall st started same way but with meme coins new generation of Warren buffer jamyie dimon and larry finls Are coming since memes have no capital restrictions and no borders the capital can fly easy i hope solana devs will prepare network for huge Traffic but Solana founder is best in this i guess solana can handle well.
So let's get ready and Im not Even bothered about btc.
Yeah whenever there is a dump into the market and BTC is going down the investors switch to meme coins and the main reason behind that is that almost all of the altcoins are dependent on BTC. If BTc is going down then it's not advisable to invest in altcoins.

What remains behind is the sector of meme coins so people are more focused on meme coins nowadays.
97  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should I buy ALTs now or no? on: May 04, 2024, 07:21:31 PM
I think now is the right time to buy some altcoins that are going down, because the crypto market is experiencing a decline even though the numbers are not too big, but I am very sure that this decline will not last long, because the crypto market will skyrocket again in time close, but I highly recommend you to invest in altcoins that are in the top 10 cmc, because they have great potential to be able to give you profits in the future,
Yeah you are right but only if someone is planning for long term holdings and investments. There are both type of people some want to get profits on daily or weekly trades so for them I don't think it's the right time to do the investments as the market is very volatile now.

Waiting for a bit is more suitable because the market will get stable after the dump and then the short term investments will come into play.
98  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 5 Altcoins under $0.1 to Buy in May on: May 04, 2024, 05:43:12 PM
Explore top 5 altcoins under $0.1: shiba, bonk, VeChain, rubic, skale. Uncover prime picks in our May Crypto market analysis guide.


https://neobloga.com/2024/05/02/top-5-altcoins-may/
It's not something that was hidden and you suddenly came up and opened up everything. People can just go and search it on goggle they'll surely get more accurate and interesting facts about many coins below 0.1$.

Oh I see you have attached a link to your blog that's why you asked a question that will make new users curious but a nice way to market I'll appreciate your marketing skills though.
99  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you taking advantage of this red market? on: May 04, 2024, 05:19:04 PM
Well recently the market is in a bad mood. and I'm sure many of us are wondering why.  While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.

As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.

I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.

Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
I'm also very much frustrated with these market conditions I mean what is the point to launch so many projects in the form of altcoins if all the projects are dependent on BTC. If BTc will perform well they'll go with the trend or vice versa.

If the whole market depends on BTC then it's very easy for big investors to manipulate the market in the way they want and there is no sure and secure future for small investors.
100  Alternate cryptocurrencies / Altcoin Discussion / Re: $5k Shiba Inu vs NEAR on: May 04, 2024, 05:03:11 PM
Hello guys,

I wanna invest 5k into either Shiba or NEAR, hold it one year and then sell. Which one would u prefer in terms of expected 12 months future gains?
First of all it's not the right decision to Invest all your money into meme coins. If this is only a part of investments that you're doing and you're asking for opinion then I would suggest you to invest into Shib rather then Near.

The reason is that Shib has a strong background and a good fundamentals as well. Though it's a meme coin still it has given people profits many times. So looking at the history shib is a good option.
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