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81  Economy / Speculation / Re: What make people panic sell? on: August 29, 2021, 03:34:11 PM
We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?

There soulnd't be any sale presure given the history that we see Bitcoin only going up in value


it is the usual scenarion when the price drops a lot of person my sell their btc because some are expecting that BTC will go down and they can buy at the lowest price and hold it in order to gain more.
82  Economy / Trading Discussion / Re: Are there any relationship between Gold and Bitcoin ? on: August 27, 2021, 11:30:23 PM
Hello Everyone,
Wish you a Merry Christmas!

I am a crypto trader as well as a forex trader. I started working on forex recently. I saw some relationship between BTC and Gold. When the BTC pump Gold will fall. On the other hand when a Gold pumps, Btc down. Are there any who noticed this?


Both have some value and different usage but I think the price of gold amd bitcoin doesnt have any effect with each other.
83  Bitcoin / Bitcoin Discussion / Re: The use of Bitcoin as a local currency! on: August 27, 2021, 11:25:58 PM
Everyone on the forum knows what Bitcoin is. We already know that many countries have removed this currency from the ban. I mean, will all the nations of the world use Bitcoin as a currency?How important will it be? It will not go to the good side to the bad side?I want to know the opinion-


There are chances that in the future, there will be more people that will be using crypto currency because it is more easy and very convenient to use but since the government doesnt have any control in crypto it will definetly not become a currency in the world.
84  Bitcoin / Bitcoin Discussion / Re: The more popular Bitcoin is, the more valuable it is? on: August 27, 2021, 11:20:13 PM

Recently, there as been a lot of discussion about using Bitcoin to pay or employers to pay salaries using Bitcoin.

https://bitcointalk.org/index.php?topic=5350730.0
https://bitcointalk.org/index.php?topic=5351333.0
https://bitcointalk.org/index.php?topic=5351973.0
https://bitcointalk.org/index.php?topic=5352233.new#new

(All forum threads, there will be many similar views)


There is a lot of hype among Amazon, Apple, and Tesla about accepting Bitcoin as a payment method. Many of them say that the adoption is better, but if the company converts a large amount of Bitcoin paid by customers into legal tender, it will give Bitcoin. The currency brings a lot of selling pressure.
Bitcoin is limited. Everyone uses Bitcoin for payment and daily transactions. Bitcoin is becoming more and more popular. Many people know that Bitcoin also has countries that set Bitcoin as legal tender. If Bitcoin is used to pay salaries, is it necessary to collect taxes?
Bitcoin is becoming more and more common for daily payments. If it is more convenient for everyone to buy bitcoins and use bitcoins for daily payments, will the price of bitcoins get lower and lower?
But now the legal currency has depreciated. For example, if you are rich, then you will not let your money just be stored in the bank, and will invest it in cryptocurrencies, houses, stocks, and others.
If conditions permit, I would be happy to use Bitcoin for daily payments, but some people have said that they will not sell their own Bitcoins and have been waiting for the price of Bitcoin to rise.
Do you think Bitcoin will be devalued in the future?


I guess bitcoin will rise more because people are now aware that btc investment can earn more and because of the benefits that they get they are more excited to use it as currency and do some online shopping.
85  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Be safe: READ THIS BEFORE TRADING/BUYING/USING YOUR MONEY on: August 26, 2021, 11:15:05 AM
Alright, so I've been PM'd by a few people what red-flags to look out for since I have a pretty good track record of spotting scammers. Sometimes I get it wrong, but better safe than sorry.  Here's a couple rules to follow to avoid becoming a victim:

1. Newbies, NEVER DO BUSINESS WITH OTHER NEWBIES, EVER. There are plenty of veteran members to do business with and ALWAYS use escrow. If you're a newbie and you're doing business with another newbie, there's nearly a 100% chance that one of the parties is a scammer. I can not stress this enough.. just work with people who have been here at least a year.
2. Always use escrow.
3. See rule #2.



True! thanks a lot for the great reminders. Just be careful in everything and never trust anyone that easy because scammers always there looking for a new victim.

Thank you so much for this post.
86  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what's with "axie infinity"? on: August 26, 2021, 11:10:15 AM
In the past few days, Axie Infinity has gone up quite significantly, even in one week, reaching more than 200%.

fear in the future it will become a coin does not affect the market.


What do you think about the sustainability of this coin?



who knows it will change the status


For now, I can see a great future of this axie infinity. A lot of people are engaged in this game and earning a lot. Hoping and praying to have atleast one account of axie someday.
87  Bitcoin / Bitcoin Discussion / Re: Why did you miss Bitcoin? on: August 26, 2021, 01:28:11 AM
In recent years, more and more people have started to talk about Bitcoin with me, and the most common words are:

1. I started paying attention to it many years ago, but unfortunately I didn't buy it.
2. I bought it before, but it was a pity that I got off too early.
3. I should have listened to you at that time, buy some.

In fact, just one sentence: missed it.
Why didn't most people expect Bitcoin to be as brilliant as it is today?
In my opinion, the key reasons that make you miss the Bitcoin opportunity are actually the following aspects:

1.Whether the information is unobstructed.
This one determines your vision and insight.
In fact, most of the channels for people to obtain information are from the circle of friends, and a few are from themselves and have excellent qualities that love tossing.
The level of your circle of friends can determine the quality of the information you get.
If no one tells you, or if you happen to pay attention to cutting-edge technology, it is impossible for you to hear about Bitcoin. You can't search for relevant information on search engines, after all, you can't search for something you don't know at all.

2. Resolution
The more information, the stronger the resolution needed.
It may be better if it is a field that you have always understood, but if it is a field that you did not know before, can you distinguish it correctly?

3. Whether the investment capital is idle?
If the money you invest is from a loan, you will check your account balance every day. Short-term fluctuations will make you not hold it for long. Only after you invest and forget the existence of the money can you hold it for a long time.

4. Mindset and boldness.
No matter what the investment is, it is normal to have ups and downs, ups and downs.
Buffett said that he is fearful when others are greedy, and greedy when others are fearful.
The question is when everyone is afraid, do you really have this mentality to stick to your own opinions? Does the conclusion you insist on must be correct? For example, when Bitcoin crashes 80% for the first time, can you be indifferent, and will double up after being determined, instead of thinking that this is just a scame, and now it’s crashing?

If time goes back 10 years and give you another chance, will you really take out your real money and buy it when Bitcoin is still considered air?
If you are given another chance, will you really insist on not selling after you have made several times the income and hold it till today?
If you were to give you another chance, would you really listen to my advice and allocate a bit of Bitcoin as an asset?
No, you still won’t. After all, I'm not an expert, because you don't believe that the future of Bitcoin will exist like a sea of ​​stars.


I started trading 2 yrs ago but the price of BTC goes down and I do not know what to do and I cannot accept the fact that I am gonna lost my money. I made the wrong move and sell my BTC and ETH as well that was 2 yrs ago. If i totally hold it and did not sell I am absolutely rich right now.😢

Patience is very important.
88  Bitcoin / Bitcoin Discussion / Re: With all your assets, Investing in Bitcoin is really a madness or beneficial ? on: August 26, 2021, 01:23:42 AM
I was just reading a report about BTC , A USA family sell all there assets and with that amount they invest in Bitcoin in 2019. as in 2021 BTC was on its peak ! So they get huge profit.

But as a dump then came in crypto market, for every investor it was really a great shock.

What you people say about this topic ?
Should we invest just like them or should start with a less amount ?

as Bitcoin came down in past months . it can be a great loss for those who invest madly !

Must drop your suggestion !


They are very lucky that they invested their money at the best and perfect timing that they get a lot of profits but as of now, i guess that t
is not the best idea. Maybe I will invest in BTC but not all my assets.
89  Bitcoin / Bitcoin Discussion / Re: If bitcoin go high the poor will not participate on: August 26, 2021, 01:20:51 AM
I am thinking that if the bitcoin continue to go up to $100,000 and above.  it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.

I will like to read and learn for everyone here.

You can have some part of BTC as the investment if the price is too high. You are right only rich people can buy 1BTC but still some can affort a small percentage but they need to learn more about BTC first before buying BTC because even a small amount to every person is very important.
90  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which Coins are a great LONG-TERM investment ???? on: August 26, 2021, 12:48:13 AM
Hey folks,

what do you think, which tokens are a great investment for 5-10 years?

All people tend to speculate on short-term moves but I am more interested in tokens that will go up x times over the next couple of years...

so to say, the Amazons and Googles of the crypto world.

Which coins are REALLY GROUNDBREAKING in your eyes and why?

I mean Bitcoin started the whole thing but technically there are so much better, safer, faster, more anonymous coins that should take over in the long run.

Please share your opinions

I believe that Etherium is the best coin for a long term investment. The price of ETH right now is far compare to the price of ETH 2yrs ago. I guess it is a good investment for me since there is a posibility that the price will going to increase more.
91  Alternate cryptocurrencies / Altcoin Discussion / Re: If you were me , Do you buy this coin ?? on: August 26, 2021, 12:44:58 AM

Hi , As my hobby im searching on new projects , So this time i found a Low risk project among 15 new projects . They have a Ann thread on bitcointalk --> https://bitcointalk.org/index.php?topic=5286191.msg55504061#msg55504061

Im telling as "Low Risk"  because they have provides every thing clearly with the videos  , And they have NO ICO . What do you think ? shall we comment on that thread if you have any doubt on this project , then it will be helpful for others as well.


There are some risk in buying new coins. If i will going to invest in a new coin, i will do some research first or invest at the amount that you will absolutely accept the fact that there are chances of a great loss.
92  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't panic on: August 26, 2021, 12:36:02 AM
Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.


This is very true. I also experienced the same thing. Research more and learn first before doing some trading. it is very important to know more about the investment that you make before doing some investment and decision as well.
93  Bitcoin / Bitcoin Discussion / Re: Reasons for newbies loss in bitcoin on: August 25, 2021, 10:29:52 PM
Bitcoin is becoming mainstream these days and top most choice for many investors for making investments and contribute a good portion of their portfolio allocation towards the same but still we see panic sell among these investors making the situations worse for market and for themselves also. So what are the main reason for these sell off ? Later on when they buy at peak and sell off at drop they think btc was not the right option for them but don't realize their mistake.Some common reasons for these are as follows:

1) People think Bitcoin as tool to become rich overnight

The main reason for people investing in bitcoin is that they see btc as tool to become rich overnight and according to them if they would invest $100 or $1000 in bitcoin it would be double or triple within days and when they see their investment going down next step they get nervous and want to safe themselves from any further loss.They see on news and article that btc is up 1200% this year and they think it will keep on rising and when this does not happen they panic sell and start dumping their coins.They need to be atleast have patience and know it will take certain time for btc to jump back.Apple,Microsoft and other shares have not make upto S&P 500 overnight but still bitcoin is keeping the pace very fast. 


2) People ignore the volatility factor and past Crashes

Many new investors enter the market in the investment hype and hope for steady rise and ignore the main "Volatility" factor and it is the basic knowledge every investor must have prior investment.The volatility in crypto market is high and prices can fluctuates highly but when it goes down they start panicking and do the same mistake which is biggest mistake. Market have seen many dips and crash like situations but still they tend to ignore it and got nervous. They should see this chart history before any judgement:


When it have witnessed more than 70-80% crash in prices and still managed to rise to this level so why do panic sellers think it is bubble and will burst this time? It has been declared dead hundred times and still trading at $30k so if you underestimate it you will be in loss in future.

3) Whales manipulation and FUD

This is most common technique to create dump like situations in market to gain huge profits from this situation and accumulate more bitcoins at cheap prices.They spend rumours and create FUD in the market to which most of the newbies will get panic and start selling off and exactly same thing happens and the only ones who suffer loss out of this will be panic sellers.



WE ALL NEED TO TAKE INTO CONSIDERATION ALL THE FACTORS BEFORE INVESTING INTO BITCOIN AND HAVE PATIENCE FOR SOME TIME MOST IMPORTANTLY IN THESE DIPS SO THAT IT GET SOME REATAIL SUPPORT.



Correct! This is right, Patience is the most important in trading to overcome the great loss. Sometimes i encounter some losses because i am afraid that tje price will continue to go down but if you have some patience you will HOLD it until the price will rise.
94  Economy / Trading Discussion / Re: your worst mistake on: August 25, 2021, 10:13:16 PM
I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !



My greatest mistake is selling my BTC and ETH way back 2 years ago. It was the big mistake for me. I did not expect that BTC and ETH price will going to increase. It was a bad decision for me.
95  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH to $10K? on: August 25, 2021, 01:49:55 PM
I am expecting a higher price of etherium in the future and looking forward for 10k price. Etherium is doing well so I guess there is great posibility that someday it will happen just like BTC.

96  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ethereum going to Die? on: August 24, 2021, 10:26:57 PM
Ethereum is one of the best coin. As you can see the price of ethereum is very high compared to the price of ETH 2 yrs ago. I believe that the price will definetly continue to increase just like bitcoin.
97  Bitcoin / Bitcoin Discussion / Re: How does Bitcoin work? on: August 23, 2021, 04:28:28 PM
How does bitcoin work?

For me, bitcoin is a digital curency that can be stored in a digital wallet. Bitcoin is transferable by sing some application in your smart phone. You can accept payment with bitcoin or even buy some products using bitcoin.

BTC makes our life more easy in terms of currency.
98  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is not a rival of Bitcoin on: August 21, 2021, 01:35:14 PM
Bitcoin is more popular then etherium but they are both useful and very important now a days.

The price of BTC is very high compare to etherium and the are having a good price as of the moment.

Etherium is not a rival of BTC because they are not the same.
99  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Koinomo 🚀 [Bounty] Social, Article, Signature 💰🕵🏻‍♂ 200,000 KMO 🥳 on: August 21, 2021, 01:16:22 PM
PROOF OF REGISTRATION
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Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=981406
Telegram Username: @Chichigirl1228
Participated Campaign: Signature Campaign
BSC Address: 0x3B304d86F6E568893c380741372D7f8cd46beC6B
100  Alternate cryptocurrencies / Bounties (Altcoins) / Re: SIGN UP on NCH and EARN 2000 LEDU coins (worth $30 today) on: April 30, 2021, 01:15:55 AM
My ETH Address: 0x3B304d86F6E568893c380741372D7f8cd46beC6B
My Telegram ID: @chichigirl
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