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841  Economy / Economics / Re: It doesn't increase purchasing power on: October 10, 2023, 01:13:00 PM
Cryptocurrencies, especially memes, have a much larger supply than dollar and other fiat currencies, If a person's purchasing power is to increase, more and more dollars and other fiat currencies need to be printed

The large supply volume greatly affects the stability of the price in the long run. Memes adopt a large supply volume policy because it is a good lever for the price, especially in its effect on market capacity. If This means a market capacity of one billion dollars, while the real demand is one million dollars. These sharp differences in the market price are what give these currencies value, but they make the price very volatile and closer to being a scam.


you find fluctuation in its price as shown.

The petrodollar theory cannot be eliminated because it is the basis of today's economy. The global economy and global debt have grown in a way that has become impossible to cover with gold or any other valuable cover.
842  Economy / Trading Discussion / Re: Is a Standing Desk the Right Choice for Traders? on: October 10, 2023, 12:35:09 PM
It varies from person to person and from your ability to trade, but I personally prefer to choose an office, a room, or a separate place at least to make your body adhere to some kind of seriousness, because the feeling of standing or not having a separate and specific place suggests that you can trade at any time and therefore it is not something that you are committed to.
843  Bitcoin / Wallet software / Re: THEYA - new mobile multisig wallet on: October 10, 2023, 11:53:48 AM
general launch becomes available only after an audit of the vault architecture and key management has been completed in collaboration with a reputable security company
reputable security company With the multi-signature wallet option limited to 2-3 multisig wallets and there is definitely no guarantee that the wallet will be open source, it is much worse than the ledger recovery service with high fees due to multisig and may be exaggerated if the service is not well programmed. I would give them a try if they were taproot Multisig but there is no logical reason to use them and I can get those options with an open source wallet and lower fees.
844  Other / Beginners & Help / Re: Dangers of trading on: October 09, 2023, 02:35:58 PM
Knowledge alone is not enough to master trading, or at least to have a skill through which you can turn losses into profits. This skill only comes from practical experiences, which require that you trade and achieve losses, if that is true. Learning from loss is the basis of a successful trader. How? You deal with the loss and benefit from it so as not to repeat the same mistakes. You must remember that successful trading does not mean that you will not achieve losses, but that your profits will be less than your losses.
845  Economy / Speculation / Re: The crypto market has changed and I think its a sign of mass adoption on: October 09, 2023, 02:13:01 PM
4-year cycle theory is not related to it being a historical event, but rather a clear variable in supply. Since we assume that demand increases continuously, it is this sharp decrease in supply that leads to a change in the price and the accompanying rises. If we consider that the bottom price will be the average Bitcoin mining costs. We will find that the bottom will be around $30,000, and the top could be 5 times that, which means that the new ATH will be $150,000, which is what many expect.
This means that the average price for the coming years is $60,000, and from here we see technical analyzes calculating Bitcoin price cycles based on four years or a historical cycle.
846  Other / Beginners & Help / Re: I found a good website for learning about bitcoin on: October 09, 2023, 02:03:07 PM
It is a site that includes a list of good BitcoinTalk topics that may be useful to anyone who has good background about bitcoin and wants to increase it. If you want to benefit from this forum better, use the search feature. This thread explains searching effectively https://bitcointalk.org/index.php?topic=5276341.0

The threads on the https://www.n0nce.eu/ website are not directed to beginners who do not have any knowledge about Bitcoin, but rather a personal list of threads that n0nce finds useful.


These topics are from the year 2016, and many changes have occurred since that date, so I do not think they are appropriate.
847  Economy / Economics / Re: Binance Launches UK Domain in Compliance with New Financial Promotions Rules on: October 09, 2023, 01:44:52 PM
It is similar to what happened in the United States and the creation of Binance.US. Will we see Binance.UK soon? I looked for their partner, Rebuildingsociety.com. It seems they have been in business for a while so they haven't created a new company as 'S21 approver' https://www.rebuildingsociety.com/s21-approval-service/

I read complaints about the support team and the slow response to this service, which appears to be a lending service, but they seem to have a long history since 2016.
848  Economy / Service Discussion / Re: List of crypto debit cards on: October 09, 2023, 01:17:44 PM
Spectrocoin.com has a long history of scam, activities that do not comply with the terms of service, sudden closure of accounts, and CEO also launched Bankera which is one of the biggest ICO scams.
This is a valid observation. But I think it might be worth adding a notice for their bad reputation instead of outright removing them.
That would be great, I hope you update it soon.

I searched for Wirex. They have a long history here with no clear scam, but they have shady customer management, as the support team is not trained, rarely responds and often responds with unhelpful information, so you should take that into account when recommending this service.
849  Economy / Service Discussion / Re: Preev.com is Down ? on: October 09, 2023, 01:00:09 PM

I don't get how preev got  só many access. Usually when I need to know btc price I just write BTC USD in Google or any other Google search.
The lack of a reference price for Bitcoin is what makes this site popular. If you want to trade outside exchange, there is no reference price for bitcoin. I can give you three prices for Bitcoin:

  • Google 27,511.40 USD
  • CoinMarketCap 27,499.46 USD
  • Coingecko: 27,507.41 USD

they simply took a service as a reference which is Preev.com, and people continued to do that, which made it popular.
850  Bitcoin / Mining / Re: Questionnaire to help me start mining on: October 09, 2023, 12:40:18 PM
Asking other questions will be better and you will get good information such as what is the best mining device according to a specific budget and delivery date, is it possible to make a profit at the cost of kWh electricity, common errors and frequent repairs, the best mining pool, appropriate design to reduce electricity and noise, and calculating depreciation costs with an average price. Bitcoin, especially if you have less than 6 months to halve.
851  Economy / Trading Discussion / Re: Is a Standing Desk the Right Choice for Traders? on: October 09, 2023, 12:10:35 PM
Both of them do not affect trading directly, but rather on the trader’s decisions, which if they are affected by psychological factors such as trading after eating, or in the morning, or after the end of work, or before sleep, you need to control your emotions, as the greater the conviction that doing a certain psychological thing before trading means that you will make profits is a big mistake.

Get a place with good lighting and a comfortable chair, and you can think about trading decisions while walking or running according to the way you find suitable for you to think and make appropriate trading decisions.
852  Bitcoin / Wallet software / Re: Unisat gives different public address after importing a private key on: October 09, 2023, 12:00:21 PM
Are you sure it's a private key and not a wallet seed?
If it is a private key, then it maps into two addresses: uncompressed and compressed public key, but I think you mean wallet seed
which we can say that the BTC legacy wallet derivation path is m/44'/0'/C'/X/Y

C = account number
X=Receiving/Change
Y = index

Thus from one seed several addresses can be generated
853  Bitcoin / Hardware wallets / Re: Ledger's laying off employees. Thoughts? on: October 06, 2023, 07:52:30 AM
It seems that this news is true. Here is the link to the article: https://www.ledger.com/blog/a-message-from-pascal-gauthier-chairman-ceo-at-ledger
When we talk about a company that manufactures hardware wallets, continuous development and customer safety must come first. It is not a company that sells TVs or sports shoes, so the marketing mentality must come first, the constant lying that appears in the company’s management will lead them to bankruptcy and may lead to the loss of some users.

The numbers he mentioned about the total number of wallets sold are frightening, and I do not know how he knows the percentage of securing 20% of global crypto assets.


Quote
Over the last decade Ledger has built a best-in-class hardware and software platform, selling more than 6.5 million Nanos and powering over 100 financial institutions, now securing more than 20% of global crypto assets. T
854  Bitcoin / Bitcoin Discussion / Re: El Salvador to introduce Bitcoin education in schools by 2024 on: October 06, 2023, 07:26:23 AM
I would love for children to be taught about economics or the decentralized economy, but a class on Bitcoin for children would be a little complicated. It may be suitable for those at the university level with more technical details for students in colleges of computer and information technology, or for the teaching to be separate classes depending on the school age.
We hope that the teaching experience will be better than the adoption experience and will be far from suggestions like Chivo Wallet.

Locking the topic would be better since there is a collection El Salvador Bitcoin adoption topics in one place.
855  Economy / Service Discussion / Re: List of crypto debit cards on: October 06, 2023, 07:12:59 AM
Spectrocoin.com has a long history of scam, activities that do not comply with the terms of service, sudden closure of accounts, and CEO also launched Bankera which is one of the biggest ICO scams. The forum is full of Spectrocoin scam topics and the negative trust in their account will say a lot. I hope you remove them from the list.

https://bitcointalk.org/index.php?action=trust;u=317543
Spectrocoin.com Scamming Users 2020
spectrocoin is sadly a scam


Crypto.com is a well-known service, but I hear about stupid technical mistakes they made and some bankruptcy lawsuits. I am not sure about all of them, but this must be taken into account.
I think only Binance is the good in that list
856  Economy / Economics / Re: Marriage mean double your passive income, rental property mean double your passi on: October 05, 2023, 11:28:51 AM
You can get married and achieve your dreams, as marriage is not an obstacle to achieving them. On the contrary, if you find a wife who helps you in your financial affairs, this means doubling the money that flows to you and thus achieving wealth quickly.
The solution is always to start your financial life early and financial education. If you start your financial life early, before the age of thirty you will reach the financial well-being that enables you to get married and do everything you love in your life.

Choosing the wrong wife may lead to the complete opposite and will be a failed project. Therefore, choosing the wife is what will determine whether a project is successful or unsuccessful.
857  Bitcoin / Bitcoin Discussion / Re: This is my plan. on: October 05, 2023, 11:20:50 AM
It is a lifestyle more than a plan. You will try by all means to reduce your spending in the coming months and invest in Bitcoin, but if there was a way to invest once and then start paying later, it would be better because within less than 5 months to 7 months, the price of Bitcoin will be between 40k to 60k, which is almost a double increase, and there may not be enough time for assembly.

We cannot advise you much because we do not know the circumstances of your country and the savings allowance, but create an airgapped machine and keep several copies of the seeds (one of which is metal).
858  Bitcoin / Bitcoin Discussion / Re: New Decentralized Use Cases For BTC on: October 05, 2023, 10:51:51 AM
I hope I don't understand wrongly about decentralized finance platforms (DeFi) but in my perspective, they are centralized platforms, not decentralized. Need an example, yes, let's see the Curve finance and Sushi projects had drama in the last bull run.

From the point of view of many, decentralization means either that the platform does not request your data, or that you directly connect your wallet to exchange without sending it to a deposit address, or that the network is managed by a limited group of signatories (often belonging to the same entity). All of these models are not decentralized networks. We can say that some of them are Distributed or does not guarantee a single point of failure, but it is not decentralized because a specific group can cancel, reverse, or even delete transactions if they want to, and they disable the blockchain if something goes wrong or return tokens when they are hacked.


I do not think that Curve finance and Sushi are even distributed. The number of signatories is limited and may not exceed 20
859  Economy / Trading Discussion / Re: Do You Use Crypto Signals? on: October 05, 2023, 10:09:10 AM
If we assume that Crypto Signals are real and not a scam, then you are relying in your trading on someone who is doing it on your behalf and you are trying to copy what he is doing. If you do not know how to generate your own buy and sell signals, then you are not a trader, but rather a depositor, just as happens in bank deposits, but The difference here is that no one guarantees your money or guarantees that you will achieve profits.

The closest thing that can be implemented safely is to have a decentralized Crypto Signals pool, but I do not know if there is such a service.
860  Economy / Trading Discussion / Re: Next-GenTrading Platforms: The Ultimate of DEX and CEX on: October 05, 2023, 09:59:03 AM
CEX's spends a lot of money on the market, indtiducing new features and Fund the onchain top leading projects develpemtn which greatly support the whole crypot ecosytem.CEX's fights back on the behalf of community for the industry regulation (Even their own goals are also included within it).

Can you mention any contribution of these central platforms to the development of any open source code? We have Binance and Coinbase. Do they have any developers working for free to develop open source software or to develop their own systems? If that is true, why did they create BSC?

There are many positive points that you can mention about central platforms, such as providing liquidity and the ability to trade, all of which would end if a truly decentralized platform was created between cryptocurrencies, and only their work would remain as gateways for converting into cash (banks can do this).

Maybe what you're talking about is the concept of this kind of exchange? https://bitcointalk.org/index.php?topic=5460187.0
I still can't imagine whether it will work well and sustainably, the problem is that centralized and decentralized are opposites based on the benefits.
Or do you mean that these two types belong to the same exchange but are separate in their application as Binance used to have a DEX version of the exchange?
The user spams using terms, but the TSP platform is not revolutionary, and if you read the comments in that topic, you will find that it is just a new project trying to use flashy words.
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