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821  Bitcoin / Bitcoin Discussion / Re: Would bitcoin still go far if it was private on: September 06, 2021, 02:41:00 PM
Going by the blockchain network and the hashing of Bitcoin if it was a private blockchain network where only selected users could contribute to the network after been verified and authenticated would bitcoin still go this far.
No, Bitcoin won't have go far because we are going to experience the same centralization introduced by the government and the last time i checked Satoshi understand what we meed is a decentralization where every individuals can contribute if he want to.


This has been my thoughts so far. This made me understand despite how much we try to trust the government for transparent monetry transactions we still believe it can only be achieved through an opened system where everyone is a key contributor on a p2p transaction scheme.
These are some of the major reason Bitcoin was created.

My fear now is considering the digital currency that would be released and that is already in circulation from different countries operating on both private or permissionsed block chain would it be safe to invest in them.
Which currency are you talking about here? But Bitcoin is here to stay.


We all know how Gold for example is been constantly manipulated to suit personal interest. How secured are we with most of this digital currencies and what confidence do we have that since they aren't operating on an open source /public blockchain that our investments would be secured void of manipulative ventures.
Every investment is influenced or manipulated by the big boys and that include Bitcoin but the good thing is the long term holder always make profit.
822  Bitcoin / Bitcoin Discussion / Re: Why did you miss Bitcoin? on: September 06, 2021, 02:23:34 PM
The reason that I’ve missed Bitcoin is because of my fear that it may quickly collapse during the time it rallies towards $20k until it reaches $60k. Yes because during that time I’m still hard up on funds and I don’t wanna risk too much. So yeah I am still regretting until now but already moved on and learned from it. However, it’s not good for me as well to go all-in, coz’ that is such a terrible idea in managing risks.
This your ideology is real, because from the consent people were no believing cryptocurrency and more especially bitcoin, so base on what they heard about online currency and online business, Ponzi scheme even made it very difficult for them to trust bitcoin because of a lot collapses or crash of Ponzi scheme investment platforms, so that put fear to the eyes of people who is deformed of bitcoin management and domination, i should say that is the major reason while some are afraid of bitcoin till extent that btc is getting more firm everyday.
I agreed with what you said. I could remember how scared I was before I join Bitcoin due to (the fud) what I heard and read about how to secure a wallet and the hacking issue that happened to crypto exchange sites. But hurt whenever I think about the opportunity I would have gained by now if I have join Bitcoin early.
823  Other / Meta / Re: My appeal on Mpamaegbu on: September 05, 2021, 11:42:03 PM
I want to know, if appeals on plagiarism are made, do users opinions on the matter actually count or we are just witnesses to see how the affected will be able to convince the admin(s) that banned him.

If users opinions count, I want to submit or ask the following as some bases for judgement.

1. Was the user accused of any other plagiarism save the one in OP?
2. Was the intention behind the plagiarism to pass the content as his or to make money?
3. If mods or self locks a thread, can the thread creator edit the contents of the thread even when  it's locked?
4. If someone is accused of plagiarism in a particular post, does the person have the right to edit the post(add citation)under accusation?
5. Has the user contributed meaningful to the forum over the time?
6. Are some plagiarism cases given accelerated attention than others?
7. Is there some considerations in treating a perpetual plagarist and a one time plagarist?
8. Can any other punishment other than permanent ban be given a one time apologetic plagarist?
9. In one of my topics - Unintentional plagiarism . I argued that there is nothing like Unintentional plagiarism, but I am forced to contradict myself, this particular case seems unintentional.
10. I wish you success and urge the judges to reconsider if possible.
Thanks all.
1. I believe this is the first time.
2. No, he does not even claim authorship to the thread or post used.
3. Yes, I believe. Since the post was made before the thread was locked.
4. That I don't know
5. Yes, I have seen the name many times on different threads making good contributions.
6. Don't know
7. There should be but according to what high-ranked member noted the user in question has to provide some of his good activities to the forum.
8. Yes, temporary ban or a warning I guess.
9. I think what you need to do is make a thread about it some that mods and the community will hear your side of the story and advise you on what to do next time to prevent the accident.
10. Same here.
824  Economy / Trading Discussion / Re: At what Age will you introduce your child to trading on: September 05, 2021, 11:22:15 PM
honestly speaking I would not present trade to my children until they were 18 years old I say this because even in exchanges the TOS already says very well:
Even at the age of 8years crypto trading is not something I will introduce to my child because he/she will need to focus on educating activities and crypto have to do with time. But, I will introduce my child to the basic perspective of crypto and also let them learn the dev perspective of crypto.
825  Other / Beginners & Help / Re: Introduce Bitcoin in one sentence on: September 05, 2021, 09:27:08 PM
My introduction of Bitcoin in one sentence is
Bitcoin is the first decentralized innovative peer-to-peer computing currency that gives people liberation and also makes them financial freedom and it records all transactions on the blockchain.
826  Economy / Economics / Re: knowledge and Capital which is Very important in Business or Investment? on: September 02, 2021, 03:55:28 PM
Knowledge and Capital will certainly be the most important main factors in running a business, it's useless if we have a lot of capital money but if we don't have enough knowledge then we are like inanimate objects that have no soul because we can decide by ourselves which business is suitable for us do we start, if not directed by others, then knowledge and capital are the most important factors in the business world.
Knowledge and Capital are both important but let me shock you. Knowledge is more important than having capital and that's because it is the fundamental substance to have success in any business or organization and the last time I checked there are some crypto investment companies who are ready to invest in knowledge to create new innovative projects that solve a problem if you have the knowledge to convince them.
827  Bitcoin / Bitcoin Discussion / Re: Why should other countries did not accept Bitcoins? on: September 02, 2021, 02:24:14 PM
why other countries don't accept bitcoin,? actually it is their right, but if a country says bitcoin is illegal, of course we will not accept it, because bitcoin has never stolen money from banks, and bitcoin has never harmed any country, if a country does not accept bitcoin for reasons of wasting energy, even that doesn't make sense, the proof is that there are still many other companies that cause waste of energy and damage the environment, but instead are supported by the government, if I personally think the reason they reject bitcoin is because they can't control bitcoin..
I agree with you. If bitcoin is made as a means of fraud, this is also not bitcoin's fault. Bitcoin has never harmed anyone whether it's a country or a bank. In our place, bitcoin is still fine as a means of investing, even if you don't invest in stocks. However, the ban is aimed at the government issuing bitcoin as an illegal means of payment. The rest we are still free to invest.
Why do you think bitcoin was created for fraud?
Bitcoin was created as an alternative payment currency to make people financial freedom and as a solution to inflation. This is the reason Bitcoin exile during the total lockdown and the institutional investors sees that Bitcoin was indeed an alternative investment when the fiat is unable to keep up that why we have the institution as one of the major investor of cryptocurrency today.
828  Economy / Trading Discussion / Re: How do I start trading? on: September 01, 2021, 08:23:39 PM




These are some of the basic things to do before trading:Set Aside Funds. Assess how much capital you're willing to risk on each trade. ...
Set Aside Time, Too. Day trading requires your time. ...
Start Small. ...
Avoid trading your emotions. ...
Time Those Trades. ...
Be Realistic About Profits. ...
Stick to the Plan.

 
You won't be equipped with the right skills to start trading with just that.  If he has to, he has to learn when to buy and when to sell, and to be able to learn this is by learning how the indicators work. Learning how indicators work will make you analyze the market. With just $300 I believe is enough to earn but not so much.
 
There are few tutorials actually about this in crypto. I might just try creating one to see if I get some merits for it.  

Learning how the indicators work, when to enter/exit the market is not enough to be well equipped in crypto trading for knowing the fundamental appearance of crypto investment or trading is still needed to back chart reading because indicators are not always correct.

 
Reading chart is what I mean when I say analyze the market. Fundamental analysis is always part of it just as you wanna hear the news in crypto as it affects prices like Paypal or big institutions buying coins to add on their balance sheets. But after the news when all are said, the charts will always matter. When you know how to read data of indicators, you are winning the game.  

A famous trader/analyst by the name of Anonymous said what comes up must come down and if indicators said, it goes up, somehow it will come down.

Yes, the combination of technical and fundamental analysis is enough to make a crypto trader successful but it still does not mean the trader will be a winner in the game because the crypto market is volatile in nature and a downtrend can happen anytime for no reason.
829  Economy / Economics / Re: A way to make money online? on: September 01, 2021, 07:34:02 PM
~
Fiverr is one of the best freelance communities to render service and get pay for it but you people don't understand that it is not easy as you think. I mean getting a first customer o Fiverr when there's already some reputable service provider which Fiverr itself recommends to buyers.
There's nothing bad in trying though.
I don't agree with best though, they're decent at best, they have a big cut in your commissions from what I've heard so it's really not the best site for money making. Although making it easier for freelancers is a good advantage of using Fiverr.
I don't know how the seller account is charge on Fiverr but the buyer pays a certain fee when request for a service and that fee was not among the seller request fund per service.
Meanwhile, if the fee they charged was indeed huge people won't have flooded the platform when there's another freelance site.

830  Other / Beginners & Help / Re: Can bitcoin exist without fiat on: August 31, 2021, 03:41:24 PM
Since i joined bitcointalk forum i find it difficult to make a post relating to bitcoin, bitcoin is like physical money (fiat), and i want to know the difference between fiat and bitcoin, and without fiat existence can bitcoin have a name?
The difference between fiat current and Bitcoin is that Bitcoin is decentralized digital money while fiat is backed by the government ad can be held.
Bitcoin may exist and may not without the existence of fiat because people will always search for a perfect alternative and it the search for an alternative when the government was not able to provide a proper solution to inflation is what led to the birth of Bitcoin.

after thinking all this  with seriousness i concluded that bitcoin and fiat works like brothers and sisters
Yes, base on Satoshi's opinion when he introduced Bitcoin. Besides, fiat carries/represent the traditional symbol of every country so the government won't want crypto to dethrone fiat.
831  Economy / Trading Discussion / Re: How To Go About Crypto Trading For Newbies. on: August 31, 2021, 02:59:27 PM
Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.
The best way any newbie can start crypto trading is to first understand the market (the risky involved), the asset to choose from, the perfect entry and exit time but you must start from start investing not day trading.
After starting all this, you can take a crypto trading lesson where you learn how to read the chart and things that influence the price of the market. But you need to be careful when choosing class due to a lot of fake people out there and I will advise you to ask on this forum for the best class and online article you can read.
832  Economy / Trading Discussion / Re: How cryptocurrency trading have helped the youth. on: August 30, 2021, 01:31:47 PM
~Snipped
Trading cryptocurrencies: Trading cryptocurrencies is one of the simplest and most popular ways to make money with cryptocurrencies. It is the process of purchasing and selling coins, such as when the price is low and waiting for the price to rise before selling. Binance, kucoin, hotbit, coinbase, and eToro are just a few of the cryptocurrency exchanges where you can trade.

I just wanted to point out the fact that trading cryptocurrencies isn't an "easy" skill to learn. It's one skill that takes an incredible amount of grit, effort and determination to get skilled in and that's why only a small percentage of traders are profitable traders. Just buying coins off exchanges doesn't equate to trading. I think that's inclined to investing rather than trading. But it ultimately depends on the time period ~ long or short term.
I think the OP doesn't understand that trading is one of the hard ways of earning in cryptocurrency, it always not profit as he believes it was and is also time consuming. However, it is better to develop a digital skill and get pay in crypto because about 70% of crypto traders quit at some point due to loss.
833  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin in the highest level of trust? on: August 30, 2021, 12:37:14 PM
There are many factors why bitcoin is trusted.
The reason why Bitcoin was trusted by many parties is that it was the only cryptocurrency that was truly decentralized.

yes among them bitcoin has established itself as the most high-end crypto today and bitcoin is currently the most accepted by many parties around the world.
This happens due to the major concept of Bitcoin and everybody wants the liberation potential of Bitcoin.

also in terms of security bitcoin has high protection.
Despite that human error still need to be avoided.
834  Bitcoin / Bitcoin Discussion / Re: Let's Say Bitcoin is scam on: August 29, 2021, 09:43:24 PM
Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
Bitcoin is not a scam.
Of course, it is not a scam and the OP doesn't say it was either but his question is based on assumption.

It is real and used by many. Investors already gain a lot. Someday it will become more popular more useful than today.
For Bitcoin to gained everything you said each and everyone one of us needs to play an important role. When was the last time you tell someone about the benefit and potential of Bitcoin?
835  Economy / Trading Discussion / Re: Trading skills on: August 29, 2021, 08:14:37 PM
Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?
The first fundamental trading skill that will be equipped a newbie trader is to first understand the things that influence the price of the crypto market and the historical data of previous market trends because technical analysis methods fail at some point.
After taking a trading course. I once saw a thread created by Maus0728 that he found a good trading course and I think this could help.
836  Economy / Economics / Re: A way to make money online? on: August 28, 2021, 07:39:25 PM
Probably as a lot of users have suggested, freelancing is your best option, you can try going to Fiverr and have the clients go to you instead of the other way, although Fiverr takes a cut from your payments but it's still worth a try and you can easily build your portfolio there.
Fiverr is one of the best freelance communities to render service and get pay for it but you people don't understand that it is not easy as you think. I mean getting a first customer o Fiverr when there's already some reputable service provider which Fiverr itself recommends to buyers.
There's nothing bad in trying though.
837  Economy / Trading Discussion / Re: How do I start trading? on: August 28, 2021, 06:50:02 PM
These are some of the basic things to do before trading:Set Aside Funds. Assess how much capital you're willing to risk on each trade. ...
Set Aside Time, Too. Day trading requires your time. ...
Start Small. ...
Avoid trading your emotions. ...
Time Those Trades. ...
Be Realistic About Profits. ...
Stick to the Plan.

You won't be equipped with the right skills to start trading with just that.  If he has to, he has to learn when to buy and when to sell, and to be able to learn this is by learning how the indicators work. Learning how indicators work will make you analyze the market. With just $300 I believe is enough to earn but not so much.

There are few tutorials actually about this in crypto. I might just try creating one to see if I get some merits for it. 
Learning how the indicators work, when to enter/exit the market is not enough to be well equipped in crypto trading for knowing the fundamental appearance of crypto investment or trading is still needed to back chart reading because indicators are not always correct.
838  Economy / Speculation / Re: Bitcoin Bull Tamed on: August 28, 2021, 06:28:04 PM
This week started with a high, not after bitcoin price went to an all-time high off above $50k, which is the highest price since May 2021, before dropping to $49k in the early hours of Tuesday this week.

Since then Bitcoin has been trying to climb back to that $50k benchmark but have faced so much resistance till this very moment, various analysts have predicted the price to stay above 50k this week but as we are all aware of the volatility in the Bitcoin market the week resided between $46k to $47k price with strong resistance.

What are your views on this, is the Bitcoin bull run tamed already or just gathering some momentum before breaking the limit?

The kind of situation isn't new If you're in crypto space for quite some time already.
It tends to be like everytime Bitcoin has been facing a strong resistance, there will always be a short pull backs when It touches the level of that specific resistance level. Which kinda normal as traders will sell during bounce back and then accumulate when Btc falls about more than 5%.
Usually, when Bitcoin is hovering around a specific range huge possiblity that there might be another bull run. As you can see Bitcoin didn't fall below $40,000 again.
I think the problem here is people focus only on the positive trend because of the profit that comes with it and ignores the opportunities that open up when the price downtrend.
Meanwhile, the market seems to resist a downtrend but still lack the impulse to pass the $50K resistance level which is show a chance for possible bullrun.
839  Economy / Speculation / Re: Dream Bitcoin 100k on: August 28, 2021, 06:08:28 PM
When Bitcoin goes down from 80 to 29, it goes up and down there for a while. But now it is going up and down again. But 50k the moment it is fluctuating again. I have learned from some news outlets that many people have exchanged views that Bitcoin will cross 100k by the end of this year. I would like to know the opinion of the members of the forum.
1) It is not everything you read on news outlets that you have to believe and you should always do your own search because some crypto news outlets spread fud and incompetent articles or information.
2) People come up with different predictions but it doesn't mean it will happen and I will advise you to always invest the amount you can afford to lose.
840  Economy / Economics / Re: Would you be able to take an additional work if required? on: August 28, 2021, 04:37:05 PM
A few of my friends are struggling to get a job. They are in their mid-lives and the country they live in is particularly difficult to find a job at a certain age. Also, when some recovery was being noticed after the 2008 - 2012 crisis, COVID struck hard on an economy with a strong tourism sector. Meanwhile, I made some choices that landed me an stable and reasonably paid job that also leaves enough time to do other stuff that generates income or reduces my costs if I wish to do so.

What is the situation in your country and for yourself? Would you be able to land additional work for example working with crypto, selling stuff on-line, youtubing or something else?
It’s always good to have a side income source. A lot of times I have ran into a situation where the money I get from my main job is not enough to take my bills and then I have to start looking for money again to help me get through those kind of situations. So it’s really important to have that means of side income to help yourself.

For me, I have always had to do a lot of things, and just like you said about your country’s economy, it has been the same for where I live, the economy kind of got bad lately. So, I have been doing a lot of things lately apart from my main job to be able to sustain myself and have a better life. It’s not always easy, it’s all about hard work.

No one in the world we're living in will survive (pay bills, shopping, take care of the kid's expenses and themselves) with just a single job even the Billionaire we're seeing today are into two more businesses which fetch them money.
This is what I came to understand lately and doing some research to make things work for me.
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