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861  Economy / Economics / Re: The impact of artificial intelligence, chat GPT on the crypto market. on: June 04, 2023, 01:54:22 PM
Many people are afraid of the latest GPT Chat technology, they feel that the development of GPT Chat will eliminate human functions at work so that it will increase unemployment, it's natural that currently many countries have banned GPT but I'm sure this is only temporary.
I believe, it all depends on the country in which it will be applied. Of course, chat GPT can replace many of the functional responsibilities of employees in various areas, but whether countries with weak economies will resort to such a replacement is a big question. In the case of large-scale use of chat GPT, many people can really lose their jobs. However, not all countries benefit economically from such an exchange. After all, for these lost jobs, you need to create new ones, otherwise the economic crisis will begin. How to deal with it, should we ask chat GPT? For these reasons, the replacement of a human by AI seems to me not yet a well-thought-out prospect.
Actually, the replacement of humans with AI will basically not affect the economy of the country since the jobs that were done by humans will now be done by AIs, and it's basically only an issue for the people who will be left out and will have nowhere to go for work, and that is going to leave a lot of people jobless and this will be a nightmare for them.

Though I'm not in favor of this happening, I still believe that everyone should be mentally and physically prepared for such a thing that even has the slightest possibility to happen, those with more chances of getting fired and replaced by AI should start learning something new as soon as possible so that they can find another job if things go wrong.
862  Economy / Economics / Re: What are recommended for businesses that have very high volume of transactions? on: June 03, 2023, 06:51:54 PM
It's because we're on the digital age where the marketplaces are easy to get on in as long as you know how to deal with it. The #1 is also related to outsourcing of staff and that's part of it when the staffs are required to get a training and this is why many agencies are out there delivering manpower to companies that has high volume of transactions. But then, the #6 is becoming the solution of many companies and we've been seeing layoffs and that is because with many factors like cost cutting and as well as automating systems. With also the emergence of AI, it's said that many jobs will be gone because of it but people should also realize that there's a need for people to become experts in AI to operate such automated systems and maintaining it.
as we are in the digital age, business owners should think of how they can secure their business over cyber attacks, and so investing in security is indeed a must as you will lose your hard-earned money in just one click from these scammers.
also, as payment methods are mostly going digital these days, one should secure their payment option as well. bottomline, the OP's list is quite good to remember by any owner who have high volume of transactions. it may incur operational expenses but you can sleep at night knowing you are securing your business from bad actors out there.
The operational cost is worth it if you ask me, knowing that spending money can actually safeguard the revenue or generated income of your business or even the capital it is much better to spend some money on making things more secure and keep scammers and frauds away so that your business runs smoothly without having to face any financial issues.

If I was a business owner, I would obviously make sure that I have the qualified staff, the best security system, the best equipment, always available scalability options, and everything else that might be required to keep my business running conveniently all the time.
863  Other / Beginners & Help / Re: I am a newbie on: June 03, 2023, 06:18:03 PM
Hi I am new to Bitcointalk and crypto how do I be of significance to the forum and Bitcoin community as a whole.
I
You are welcome to the Bitcoin forum, where you can learn and also earn while learning. You know Satoshi Nakamoto who is the one behind the existence of Bitcoin had built this community to help push the adoption of Bitcoin to the world. At the same time, we have other boards too where you can write read and share your opinion about what you known and what you wished to learn.

You can take a stroll around and try and read about the rules so that you will not ignorant of the necessary things you are ought to know especially avoid plagiarism which is one of the rules the community frown at. To earn merit, you need to write good posts to earn merits and you can ready about what you ought to do to write good posts here.
I believe one shouldn't have the mindset of earning money from this forum because that makes them focus more on the financial aspect instead of learning and educating themselves using this forum. People who join the forum only to earn money usually end up being spammers and tend to keep posting stuff that doesn't even make any sense only so that they may be able to earn Merit and be able to join a paid campaign.

The primary focus of a user should be to learn more about Bitcoin and cryptocurrencies from this forum and only contribute when they think they have something extra to add to a conversation or a discussion, if they do this, they will automatically be eligible for the earning opportunities someday.
864  Economy / Speculation / Re: Is the bull run near already? on: June 03, 2023, 09:33:40 AM
Well I think we are going to be in a 'bull run' soon. We are seeing many crypto experts making this same prediction saying next few months are going to be 'bullish'.

Price of Bitcoin in more than $28,000 and there is good news going on the worlds economies. So now is a good time to invest and put some more sats in your Bitcoin wallets because we are not going to see low prices like last month for a much longer time.
But, how soon it is? This is the reason why the @OP created this thread because he don't know when it will come. I know it's hard to claim an exact time or day but maybe just predict if what Month do you think it will come. I wonder if what is that good news in the world economy you're talking about. Is it the reduced interest rates? Or maybe the recession that we feel are now coming to an end?

It's a great news indeed and this might be the reason on why we are seeing a light at the end of the tunnel again because the price of Bitcoin is now starting to move upwards after a long time of being stranded in the $27k zone. Good time to invest must be last time but it's still okay to buy now or onwards if we haven't bought last time for some reasons.
865  Economy / Gambling discussion / Re: Are there play and pay later casinos? on: June 02, 2023, 06:18:32 PM
If a casino decided to implement this then most likely things like jewelry and precious metals could be accepted by them and then give the gambler a loan based on the value of those goods, now some may suggest that cryptocurrencies were used in this way as well, but not only this would not make much sense as gamblers could use their cryptocurrencies directly anyway, but it is likely many users will try to dump their shitcoins to the casinos and could begin to use them as an exchange instead.
For physical casinos it works nicely to hold jewelry and precious metals from gamblers as collateral, but for online casinos it doesn't work, because the costs of sending those physical items to the company (sometimes on the another side of the world) are just unrealistic and too time consuming. Virtual casinos could implement a feature like that, but collecting virtual items only as collateral, what is really hard if we disconsider cryptocurrencies as possible collaterals. Probably they would grab gamblers' accounts from platforms such as Steam, valuing the collateral price through the value of items the account holds in games, for an example.
That's a pretty difficult concept to implement, I'm pretty sure that casinos wouldn't really be interested in taking digital accounts such as Steam as collateral for giving out loans in cryptocurrencies, the accounts have nothing more than digital collectibles that are in-game and most of the time, you can't sell off the items that you've bought in a game, so they are simply only just valuable within your game and has no other worth.

I also think that if something like that was a viable option for online casinos to give out loans to their players and also charge some interest on top, they would have already implemented it as it would obviously earn them more revenue.
866  Economy / Speculation / Re: What are your bitcoin May/June price analysis? on: June 02, 2023, 03:22:54 PM
As the month winds up and we are beginning to see the end of May we are now approaching june, the second quarter of the year 2023.
Bitcoin on a general note have maintained resistance bear forces which accompany the year after the 2022 bear market and other cryptocurrency market crisis such as all the exit scam (bankruptcy) of big exchanges and other investments, but the beginning of the year 2023 saw a market positive advances that are when the price of Bitcoin recovered back from $16,000 to around 25k and thereafter recovered all through the time up till this very moment where bitcoin price is 27k+ after touching $31,000+ within the last two months, this signifies a lot of bull tenacities.


So what are your bitcoin second quarter of 2023 market analyses, let discussed.
The month is only about to start and the price already started declining. If we have a look at the history of Bitcoin, June hasn't really been a very good month for Bitcoin in general as the price tends to either decline or stay sideways for the month, and the signal from the price as it already started dropping tells us that we might be up for another red month.

Some people started expecting that the price might go up from here when they saw it touching $28k after a while, but now when it is back at the tail-end of $27k, I feel we are going to pay a visit to $25k pretty soon.
867  Economy / Trading Discussion / Re: Is Technical analysis a must know in crypto trading? on: June 02, 2023, 09:50:03 AM
Both can be combined and if we do that we can get better results, We can also copy other people's strategies if I'm not wrong for those people who don't want to learn technical analysis.
If you don't learn the strategy to trading then how can you know if you are copying the right trade or wrong trade? Copy trading is the reason some people assume trading to be the same thing as gambling because they only rely on the success of what they have copied from even unknown source instead of taking time to study and learn the market rudiment which is technical analysis. It is important that a trader learn that even though some rely on just fundamental but which ever way it better to have one of them as a trading strategy.
There is basically no need for someone to copy someone else's trades if they learn to do the analysis themselves, doing technical and fundamental analysis will give you an idea of the market and its movements so that you can place your trades accordingly, and someone who copies trades from others is basically trading illiterate and doesn't know how things work in the first place.

Just like you, I'm also not in favor of copying someone else's trades or following signals provided by someone either free or by charging money, you will have way more confidence if you are doing your trades on your own instead of copying someone else.
868  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: June 01, 2023, 01:34:09 PM
I think that a human being when he can do something like admitting his own mistakes is growing widely, it is not a bad thing to point out that we as players have more mistakes than hits, it is normal, as in trading things can happen in different ways just when we can see it in different ways, first if someone is blamed for our mistakes in the casino it is as a way of being able to take away the blame, but that will not return our money, the other way is , if the casino is blamed for wanting to " stealing from us" would remove all responsibility and make anything always blame the casino, that's something that is very bad, but there are people who do it and they are People who start to make a problem out of Everything they see.
A person who tends to blame the casino for their losses should not gamble in the first place because they can't even take the blame for them losing their own money in gambling, such people are so extremely irritating and has useless natures, having a person like that around you makes you want to fight with them because they do things that you don't like at all.

I don't think that a casino would really care if a person blames them after losing money because they probably know that their claims have no value and even if they try and sue them for it, no one will really give any importance to what they say.
869  Economy / Economics / Re: Always Have a financial record in whatever business you own on: June 01, 2023, 08:24:30 AM
If we think that we will continue to grow our business then what we have to do is record a balance sheet, of course we don't have to pay employees who specifically monitor financial flows, but we can do this ourselves with excel or an application on android that we can download for free.
Keeping financial records in written form is a great way to keep the records hand and also if the financial deal is between two people. It is great to deal with written records. Otherwise most of the time the deal end in disaster
By written do you mean having notebooks or registers for entries and financial stats and records? That is a traditional way of keeping records and isn't recommended anymore, we are living in a digital world and it is more easy and convenient to keep your records online or at least on a computer, I would still recommend keeping them online as it has fewer risks of losing the data.

One should use a cloud service or a drive like Google drive to keep their important files and business records so that if something goes wrong with the computer that they are using at work, their data stays safe and they can easily get it back even on another device.
870  Bitcoin / Bitcoin Discussion / Re: Is bitcoin bonus real or a scam? on: June 01, 2023, 07:22:05 AM
Bitcoin bonus is a website that claim to user can earn bitcoin for no cost. But user now have a question is bitcoin bonus real or a scam. These days people are caught in scams specially online scam so people are scared to believe online website. But bitcoin bonus is well updated website and designed and developed by professional people. The first bonus given to new comer is $5, which is a catch here, why would anyone give money just for signing up on website.
I'm not even going to open that link and I will recommend everyone to do the same, it is clearly a scam of some kind since we all know that there is no free money in the world, and you need to either work to earn money or get it by investments and such websites fall under none of these two categories, even if they ask for investments, they are still scamming you because they won't give you anything in return for your money.

A lot of newbies fall for such scams and the only reason for that is that they think earning money with cryptocurrencies is easy but it's not true, cryptocurrencies might work differently than fiat but earning them is as difficult as earning fiat.
871  Economy / Trading Discussion / Re: What is the most significant trading sacrifice you believe you have made? on: June 01, 2023, 06:09:49 AM
If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Someone I know who a seven-figure trader is now made the sacrifice of moving into a shared apartment with a friend just to save money. Another person, who had previously started a logistics company, sold off his trucks and used the money for trading. Another person had to pay to be mentored. He did this because the mentor said people do not appreciate free things, and if he were not making the sacrifice of paying out of pocket, he probably would not be serious and would take it for granted. These people cited in here went on to become successful traders. It paid off.
Well, I'm not into full-time trading so I basically didn't make any sacrifices of that nature, though I've always wanted to become a full-time trader so that I can have financial freedom and have more time to spend with my family and friends, I barely have anything worth enough that I can sell off so that I can have a good enough trading capital to start with.

I believe hard work and determination can make anyone become successful in the long run, one should never give up even if it takes time because the success that has been gained quickly tends to vanish quickly as well but when you've worked hard for it, it tends to stay forever.
872  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT OR MEMES on: May 31, 2023, 09:26:36 PM
I prefer NFT in terms of long-term investment rather than meme coins that only backed up by hype and speculation like SHIB and PEPE getting listed on Binance. NFT can have better utilities to compared to meme coins.
i might be wrong but honestly NFT is really bad for long term investment due to the fact that it lacked liquidity, the fact that it's unique on its own means fewer liquidty, meanwhile with meme coin, at worst scenario there are still some baggers that will to bag the meme coins which means better for long term.
for the long term, there is still a chance for NFT to get hype again, most likely in 2024 NFT will rise again,
but if you want to buy NFT, you should only buy altcoins that are in the NFT category, for example OGN, Mobox, or MANA,
because it has more potential to pump than you buy NFT in the NFT market. We should avoid Memecoin because of the high risk.
NFTs and tokens that are in the NFT category are basically different things, you can't get the same outcome for buying a token that you might get by purchasing an NFT, but as said, NFTs are not in as much hype as they used to be before and currently, only NFTs that are created by the famous NFT collections get sold like Mutant Ape, and many others.

An individual NFT creator or trader can barely get any bids or get any of their NFTs sold these days even if they try and promote their collections everywhere because there aren't a lot of interested buyers in the market anymore.
873  Economy / Trading Discussion / Re: Choosing a cryptocurrency pair on: May 31, 2023, 09:06:15 PM
I think the OP is referring to trading pairs. In investing. It's not necessary to have a trading pair or to have two investments. Even Bitcoin alone is already great for the long term. But in between Bitcoin and Ethereum, we all know if who is best among them. That will still be Bitcoin. Trading pairs are important more than the analysis and others.

I am not an expert when it comes to these things but they said that a volatile crypto is a better pair than the stable coins or fiats. Bitcoin will still be the main choice here and can be followed by Ethereum. I think that is because these two are very popular so they also have the highest volume among other unstable cryptos.
It's necessary to choose the best trading pair as per your preferences in trading, if you want to trade altcoins against Bitcoin, you might be hit by the volatility if the price suddenly starts dropping in between the times when you are trading, that is the reason why most traders use stable coin pairs so that there are no such issues and they can easily determine the profits and losses.

That is the reason why we always see stable coins like USDT against BTC having a 24h trading volume of above $1B, because most people trade Bitcoin against USDT and they also trade other altcoins against USDT or other stable coins like BUSD, USDC, etc.
874  Bitcoin / Bitcoin Discussion / Re: At How Much Price You First Saw The Bitcoin? on: May 31, 2023, 08:16:01 PM
That is also the time I discovered bitcoin around $500+, and I've also remembered that I did want to purchase a whole bitcoin at that time with my loan, as I was planning to take out a loan and invest in it, but it changed my mind and I bought a computer, which is the time I've earned bitcoins at that time, which still didn't save it as I spent all of it purchasing stuff and eating in fancy restaurants, but again, I was glad that time that I spent those bitcoins I've earned.
That probably happened with a lot of us, we had some Bitcoins back in the day but we never kept any of it and spent it all on stuff that we needed back then, maybe because we didn't know that the price will go up this much or we really needed some money and that forced us to sell our Bitcoins for fiat and spend it on materialistic things.

I did the same and though I regret not keeping any of it, I feel that I didn't actually waste them as they were used when I needed money and that is what's important, right? We earn money so that we can use it for our lives and that's what we did.
875  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waiting patiently for the next bull run... on: May 30, 2023, 05:04:24 PM
Yeah of course, let’s “invest” some money in coins that have dog breeds or cartoon characters as their name because they’re gonna be worth something in the future. Hell no?!

Doge was the original idea and the others are just trying to copy it. Most of them are copying it unsuccessfully. Stick to the known coins that deserve their price. Maybe risk $10 in a memecoin if you think it’s worth losing $10 on them, but don’t go high stakes man.. it’d ruin you so quickly you wouldn’t even have time to react
As long the meme trend re-appears, there is always a chance that meme coins like that can rise but not all of them because their numbers are way too big. This is the hardest part to know if which of them will pump soon but there is always meme coins which are popular already. We can just pick them instead to have more chance.

It's like we choose the old top coins like Bitcoin and Ethereum over the newly released crypto in the market. Copying Doge coin isn't hard. They are successful with it but what most of them can't copy is the achievement made by Doge coin. It's being loved by the many even up to this date, which is why its value grow a lot.
876  Economy / Speculation / Re: Is the bull run near already? on: May 30, 2023, 04:26:10 PM
Remember that Binance as well goes out of China if I remember it right, so CZ really knows a thing or tow as how the Chinese government works specially with crypto exchanges that's why majority of them leave China for good. And some people might see this as a positive development, as it could lead to increased regulation and oversight of the cryptocurrency industry in China.  But once some of this FUD is gone then there will be an increase in the price of Bitcoin and a bull market will come soon. Now just need to buy and hold, it's the best thing now.
Even if you are not CZ you will likely have a plan to go out of China because your government is going to ban crypto. Good thing CZ decided it, if not then his company won't grow huge like this. Us who are outside China, also know how the government of China works. Yes that's right. They are very strict in almost everything.

We are lucky that we are not born on that country but there might be advantages living there. One of it is that you will become a well-disciplined person. Banning of crypto has never been a positive thing for us but maybe only for those people who are anti it. FUD's does not stay so indeed that a bull run can come soon.
877  Economy / Gambling / Re: NFTonSPIN.com - Leading Crypto Casino With Get Full Refund If Not Satisfied on: May 28, 2023, 08:34:00 PM
I cannot understand why people rush to use new casinos without at least waiting some time to see if the casino intends to stay in operation for the long term or not, there are certain signs that are extremely important that people need to take care of attention to these new casinos and without a doubt I am talking about problems with withdrawals, any report of this type other people need to stop using this casino immediately, I do not know in your case if it will be possible to solve it or not but I still advise you to create a thead in this section:

https://bitcointalk.org/index.php?board=83.0

you have to post all the conversations you had with the support, photo of your account in which it shows the balance, history of withdrawals and deposits and games, this will be of great help in the understanding of the members to determine who is right or not, the OP of this thread so far only made 4 posts but today it was online so it's a start, that means you have to run and create a thread in that section I gave you the link, it may be that the OP is important to his reputation and will answer you in that section and be able to solve your problem. but next time avoid using new casinos, most of them are very dangerous
Why people rush to use new casinos? It's obvious, because of bonuses and offers that they make for deposits or new registrations. Most gamblers love getting bonuses for their deposits because it increases their chances of getting more wins since if you deposit $100 and the casino is providing a 300% bonus, you get to gamble with $400 which is 3x higher from what you've deposited.

Though such bonuses come with very high wagering requirements, people still sign up and make deposits at new casinos to avail these bonuses because they want to try their luck in trying to win something and try and complete the wagering requirements for the bonus and get a withdrawal hopefully.
878  Economy / Trading Discussion / Re: Emotion and Trade? on: May 28, 2023, 06:53:20 PM
When trading on the losing side, it might be difficult for a trader to keep his emotions under control. He will be impatient to make a profit, if not immediately, which will cause him to make a poor decision in his trading analysis.

When a trader is going through something like that, he should try to take some time off from trading before starting up again. Perhaps when he is ready to start trading again, he will do it with new perspectives and a new sense of purpose.
It is not easy to take a break when you have just incurred a loss or one of your trades is going into loss, even if you try to put your mind towards something else, this will still keep tickling in your mind that your money is at risk. Newbies can barely keep themselves away in such situations, and even those with control over their emotions will have a hard time.

I believe it is better to simply have a stop-loss set as soon as you place a trade so that your assets don't lose too much value that can be a concern for you and makes you restless even if you are not connected with the market at that time.
879  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waiting patiently for the next bull run... on: May 28, 2023, 06:14:15 PM
investing in meme coins has the potential to get big profits, but investing in meme coins must know the knowledge and must be experienced because meme coins have a high pump when they go up and when they go down they usually go down very deep.

so if you invest in meme coins, you have to be prepared to lose big, but if you succeed, of course you will get a very big profit.
The odds of getting profit or loss by investing in a meme coin are like 1 out of 10 which is way too low to risk your money. We need to understand that when there is a chance of getting very high profits, there is also a very high chance of getting big losses, so if you decide to invest in a meme coin, you are basically gambling with your money.

That is why it is better to simply invest in a cryptocurrency that is trusted and has been around for some time, even if you invest in a new cryptocurrency, it can be profitable if you do some research and analyze the project to see if it has got any potential.
880  Economy / Economics / Re: Does Banks really manipulates us? on: May 27, 2023, 05:06:54 PM
Once you open a bank account, you are required to deposit money. You won't be able to send them any money because the bank has already manipulated you. Especially when they already hold the money that you entrusted to them, because you can't simply release your money until you provide the requirements they need.
You have no control over the money you entrust to them, then when you bring in a large amount of money they will always accept it, but when you take out a large amount of your money from them they will ask you a lot of questions and requirements because they are the ones it's in control not you.
Can we call that manipulation? I wouldn't label it that way, though I agree that it is not right to ask questions or put up requirements in front of someone who is willing to withdraw his own money when he wasn't asked anything when he was depositing it, especially if it's a pretty large sum, on top of that, they might even make you do some paper work.

But, that isn't manipulation, that is basically authority that you have given them in the first place. If you had kept your money with yourself in a safe or somewhere you knew they will be safe, you wouldn't need to face that. One can even choose Bitcoin for that now.
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