it is more reasonable when this could be optimally achieved when the coin is at a low price. The return will be so much and I don't think that anyone trusting Bitcoin for long-term investment will lose in the end.
Buying bitcoin gradually like you are saving fiat in bank saving is good. It helps you to restrict yourself against unnecessary spendings and increase total capital you spend to buy bitcoin. "Will not lose in the end", I don't know but if they don't lose their bitcoin, they will probably get profit for long term investment. Because it is a long term investment, they will have to know safely ways and have good practice to create their wallets, store their bitcoins, backups and protect their backups. Leaving your coins on exchanges is bad but it is more terrible if you self storing your bitcoin and don't have backups or lose backups at the end. |
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You can not believe those rich influencers. They are rich but it does not mean they are honestly with what they said. Many rich influencers simply said they hate Bitcoin that is scam, dead and whatever bad words against Bitcoin. Later they integrated Bitcoin into their business and said in interview that I invested in Bitcoin years ago. Trust them, please don't! Bitcoin is open source and there are opened documents to learn about it. Read to learn by yourself and build up your knowledge then belief in Bitcoin. Verify with learning and your belief will increase by knowledge, not by influencers. If you need an example, the shark who supported FTX, a brand ambassador of that collapsed exchange and has never stopped attacking CZ and Binance. Years ago, he said Bitcoin is scam and months ago, in an interview he leaked that he invested in Bitcoin circa 2017 or 2016.  |
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Season? What does he mean seasons? Like Winter season or Summer season like that?
Seasons for bull, bear market. Sometimes people use the term Crypto Winter to say about a long bear market. I don't know there is a "season" where you can get profits from trading and at the same time, a "season" where you can lose money as well.
I don't know any season for Trading. Base on my understanding, anytime you can be profitable and you aren't. Today you might doubled your money and the next day you might lose it all. Maybe your friend is thinking that season = lucky days, but both can't be connected, and he can just say that "you have times where you will be lucky and times where you aren't". Why using the word season?  You're a professional trader? You earn money in trading. You're a good trader? You might earn in trading. You aren't good in trading? You will lose all of your money. No seasons whatsoever. A professional trader can trade daily because it is his job. It is not his game or gamble and he is good to to trade, get profit and can protect his capital well. An amateur trader or worse a gambling trader, will think he is a genius by earning big profit in a 'Trading season' when all are green but he will lose it quickly when all are red. No trading season and I'd like to say it as gambling trading season. With such gambling trading season, there are more trading volume, more gambling traders actively buy and sell on the market but trade, they don't trade, just gamble. |
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The list of some known data breaches of companies where users underwent KYC in the past:
As you can see, these are all large and well-known companies that, according to some, can be trusted.
Large or small companies, when we send our documents to them, we lose those things on Internet forever except if we can have a time traveling machine to correct our mistakes or past activities. I don't know all companies and their data breaches in your list that is big but I am not surprised at all. They have lot of Terms in their Terms of Service that are set to protect their companies, not their customers. Like all those data breaches, did any victim (among their customers) receive compensation from those companies? No, and worse, customer data were breached forever. |
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It is good for Hongkong, their nation and their citizens initially. After that, it is good for cryptocurrency companies that have their licenses and main offices in China mainland. They will be able to move to Hongkong and get more friendly, legally business environment there. Like years ago, many cryptocurrency exchanges had to move their offices to other locations, just moved out of China mainland.
In long future, I don't think it is big deal. Countries will accept and legalize Bitcoin more and it is a trend for all countries. In addition, we as citizens don't need legal tender to use Bitcoin. If you have a self custodial wallet and have bitcoins, you can move your coins with confirmation from miners that are everywhere globally.
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In basic concept of deep decentralized systems requires more oracle as provider and infrastructure to be implemented and our developers are looking for the best way to make it also we are checking different networks for speed and optimality as logically
Oracle is helpful but risky too. If your code is not good enough with Oracle, hackers can exploit it and dump your tokens. It is a fight between your coder team and hackers who always look for weakness, dead holes in your code to exploit it and kill your tokens as well as drain out your casino treasury. Currently, financial transactions are executed automatic through a smart contract pool which all winners have access to that without interference any third parties.
Your casino fund should not be stored totally in that smart contract pool because we can not say it will never happen and be careless with treasury management. I definitely wish the best to your casino team. I only have some points to share. |
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It will go to a wallet of that exchange but they will not support you by using their private key to claim the coin or token they don't support on their exchange. Some exchanges can give you support but they charge you a very expensive fee. If the amount you sent wrongly is small, forget it and move on.
If an exchange gives you that reminder and you still make mistake, think about yourself and correct yourself, your carelessness. You can not say why they don't support your to correct your mistake because they have warning or disclaimer already.
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Cryptocurrency market is cruel and it's not easy to start with investing or trading. You need to have strong mentality and good discipline to invest and trading well.
With trading, you need to have good knowledge about trading technically and must be very disciplined to close your positions when market looks risky and move oppositely with your thought. Trading is not easy for newbies, junior and senior because not many traders can gain profit in long term.
In a summary, investing is better than trading is my lesson.
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Nope. Volume dominance clearly shows that Binance is the most trusted exchange right now but it doesn’t give much concerned since their founder is clearly dox and will not runaway. If ever he will runaway, There’s no way he can hide all those coin away from the public eyes.
It is good for Binance and they gained it after the collapse of FTX. CZ pulled the trigger that force FTX to collapse within a couple of days. From the FTX collapse, people realized that Binance had their reasons to separate from FTX about one year before. It shows Binance have a smart team and are able to detect serious dead points from competitors. In addition, they have very good and safe management for their exchange that helps them to gain more trust and more users. I believe the only that concerns me is the decreasing number of interest on other exchange which might be a cause for some exchange to go under since there will be income.
The collapse of FTX exchange forces other exchanges have to be more transparent with their treasury management and reports to their customers. It is good for cryptocurrency exchange industry and the industry should have a round of applause to CZ and Binance. In a contrasting, Binance have become a favorite target of other exchanges and latest weeks, we got lot of fud to attack Binance. |
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Thats how does the connection works and at the same time having a power and chance of abusing the current state that they have. Ive been into the trading world for over a months some of the people doing some connections what are the coins they will buy and wait for the listing of the market but not all the time it works
Naturally if you spend money into something as investment or trading, you want to gain profit and it's explainable why after that they usually start to talk and shill what they bought. Hopefully they think by talking about it to more people, there will be more demand and price will rise. I don't like it. It is like the early comers eat late comers. Let the market do its movement naturally and if you pick good cryptocurrency at good time point, you will gain profit. that's why seek for a good opportunity for having a reliable people will told you about the possible price pump coins.
Who can tell you possible pumping coins? If you join signal groups, you are like fresh meat for group owners or they can have a secret groups with owners and a few closest friends. As a normal member, you will receive signals after those guys in closed group and you will buy at higher price than them. If you look for signals from others, you are not trading but are betting with belief that they are kind and honest people and don't each you like their fresh meat. |
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You are correct in this analysis and likewise I don't think a particular indicator can be enough to trigger an order for bitcoin. Apart from your analysis on waiting for halving and the unlikely spike from any indicator, I think because bitcoin is not regulated so S $ P chart analysis wouldn't be well directional for bitcoin. It is moved by halving and more of fundamental/news and not technical analysis most of the time.
It is true to have a mindset for long term investment with that we will focus on fundamentals of Bitcoin, blockchain technology and reasons that make us believe in future of this technology and of Bitcoin. Golden cross and death cross don't have constant impacts on Bitcoin price. Sometimes price is up with death cross and sometimes price is down a lot with golden cross. You can check those crosses and price of Bitcoin in the past with chart. You can also check those crosses with SPX that has longer data than Bitcoin. No constant impacts to confirm that price will move up or down after those crosses occur. I only know and believe with halving, price will be up. |
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KYC is a tool for governments to force centralized exchanges to collect personal identity data of customers. Those data later can be used for many purposes of exchanges and governments.
Tax for benefit of governments, data sales for benefit of centralized exchanges. Who are losers with KYC?
Customers are always losers if they submit their documents to verify their identities in KYC procedure. With big exchanges, their data can be hacked, leaked. With small exchanges especially scam exchanges, they can use KYC card as official reason to get customer data and sell it to get money.
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I just join the match and I was not surprised to see Aston villa making the first lead before Asernal equalization making the match to stand at 2:2 current goals scores and this is commendable of Asernal to have equalized at this odds hour of the match.
-I believe the match is going to end with a draw and that is certain if Arsenal could luck the defence.
-currently, Asernal is on tense due to the way the match was played till the time they equalize the second goal a few minutes ago.
Arsenal are strong and they are very good to counter against pressure. In the match they equalized two times with a first equalizer from Saka and a second one from Zinchenko. Before the goal of Zinchenko, Arsenal began the second half very attacking aggressively and they got a headshot from Nketiah that hits the bar. The goal of Zinchenko is fantastic but I am a little surprise about defense of Aston Villa. They did not have any player to protect their field outside the box. Very bad defense from Aston Villa. For team with good defense system, they will have one or two players who take care of areas around the box to control situation like Arsenal did with Zinchenko. |
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They froze my wallet a while ago, and they did not send me any email.
LBC is scam, I have friends who got scammed also.
If you made fraudulent activities on their platform, they have rights to terminate your accounts. Terms of serviceBut why do you wait till now to complain about it? If they did not lift termination/ suspension against your account, you perhaps did not provide enough reasons and evidence to them to give you a second chance. Limitation, Suspension, and Termination of Your User AccountOccasionally situations arise where we may need to limit, suspend, or terminate your account. Account limitation results in a temporary or permanent loss of access to a certain specific part or parts of our Services. Account suspension results in a temporary loss of access to most parts of our Services. Account termination results in permanent loss of access to all Services. As a result of limitation, suspension or termination your access to and the withdrawal of bitcoins that you have in your LocalBitcoins wallet may be delayed or denied. If there are bitcoin transactions made to the wallet addresses associated with your terminated or deleted account after the termination or the deletion, LocalBitcoins has no obligation to return the bitcoins and you agree that the bitcoins become the property of LocalBitcoins. We have the right to limit, suspend, or terminate your account or access to our Services if: - we have a reason to believe that you have acted in violation of these Terms of Service or applicable laws or regulations or if we have a reason to believe that any content or material submitted or shared by you in or through the Services violates these Terms of Service or applicable laws or regulations or third party rights;
- we suspect that you use the Services to engage in, attempt to engage in, or in connection with fraudulent activity, money laundering, terrorist financing or other financial crime;
- we have not been able to verify your identity or we have reason to believe that you have supplied false, misleading or deceptive information in connection with your registration, identity verification, trades or any other use of our Services, either to us or to another user;
- we are required to do so under any applicable law, regulation or an order issued by an authority or court;
- make available content or behave in a way that libels, defames, invades privacy, stalks, is obscene, pornographic, racist, abusive, harassing, threatening or is offensive;
- if you use the Services in a manner which may cause the Services to be interrupted or damaged or such a way that the functionality of the Services is in any way impaired or attempt to bypass or break any security mechanism of the Services or if LocalBitcoins believes in good faith that such action is reasonably necessary to protect the security of its Services or its property or brand or the security, property and rights of its users or those of third parties;
- attempt any unauthorized access to user accounts or any part or component of the Service.
We will give you a notice of any limitation, suspension, or termination of your account but we may, if it is reasonable to do so (for example we consider it advisable for security reasons), limit, suspend or terminate your account without prior notice to you. You acknowledge that our decision to limit, suspend, or terminate your account, may be based on confidential criteria that are essential to our risk management and security protocols and that we are under no obligation to disclose the details of our risk management and security procedures to you unless otherwise provided by the Privacy Policy. In the event that we limit, suspend or terminate your account we will lift the suspension as soon as possible once the reasons for the suspension or termination no longer exist. I saw you created 3 threads about LocalBitcoins, two are scam accusations. Duplicating threads is not allowed in forum. birthday of the scammer Vladislav Alimpiev (of the fraud company localbitcoins) Office of the fraud company localbitcoins.comIt's enough, don't create more threads about same issue. 12. No duplicate posting in multiple boards (except for re-posting topics in the local language boards if they're translated and re-posting marketplace topics in the altcoin boards if altcoins are accepted).
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You can not call them as scam. They made announcements a few times about their closing and you have enough time to withdraw your funds on LocalBitcoins to your wallet or to other platforms. You are no longer allowed to trade on LocalBitcoins but you are able to withdraw your coins. After 2023-02-17 LocalBitcoins customers will only be able to log-in to withdraw their Bitcoins. The trading and Wallet services will no longer be available at this point.
You will have one (1) year to withdraw bitcoins from your LocalBitcoins account after the service has been closedHow much time I have to withdraw my bitcoins.
By our terms of service agreement, we promise that you will have one (1) year to withdraw bitcoins from your LocalBitcoins account after the service has been closed. This means you can withdraw your bitcoins until 16th of February 2024. However, we recommend that you withdraw your balance as soon as possible.
They promised like above but you can withdraw your Bitcoin sooner than 1 year. Don't leave your coins there too long and longer than what you should. The Reminder: do not keep your money in online accounts is not too old and still applicable. |
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A friend of mine came to me and we were having a conversation and I was trying to introduce he to the forum,but he turns out that I was asked if I really trust and believe in bitcoin it will never crash like other cypto industry.
Your friend has a bad question. Other cryptocurrencies have worse crashes than Bitcoin. They have different reasons to crash like pumps and dumps, rug pulls, hacks. They can be crashed if Bitcoin falls considerable. Hopefully you and your friend see difference here. Bitcoin falls considerable and other cryptocurrencies crash. If your friend trust other cryptocurrencies but don't trust Bitcoin, he has bad decision. A better question is "Does Bitcoin not have crash like other assets like stocks, golds, crude oil?" Stocks, crude oil have falls or crashes like Bitcoin. In 2020, crude oil was traded -$30. |
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Bitcoin trading is considered the most difficult due to the difference in how the market direction is determined.
Because it is difficult to predict market directions and predictions can not be always correct. Having plan B is very important in trading. With good plan B, traders can exit the market without big loss. Plan B can be closing position with same entry price and accepting minor loss in trading fee. Plan B can be closing positions with cut loss order or stop-limit order and accept loss to wait for other chances later. If a trader does not have any plan B, soon he will be punished by the market. |
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This is certainly a great idea to HODL for long. But my issue is security. Since seed phrases or private keys are to be kept save then only trusted people could have access to it.
Are parents responsible to nurture their children and if possible reserve something for them as inheritance? The best people who can be trusted enough to hold private keys or mnemonic seeds are their parents. Now what if an unplanned circumstance happens like death to the seed holders and no one was given the phrases before they passed on how can this be rectify? What will also happen if the investors country made strong hold against bitcoin before the child comes off age. What will happen to the coin?
If you are a husband, your wife should be a next person you share private keys and mnemonic seeds. If you are a wife, your husband should be the one who get access to prive keys and mnemonic seed of the wallet you want to give it to your children. When they are mature enough, you and your wife/ husband can share key, seed to your children. Meanwhile, check up your backup quality and usability regularly to avoid any bug with backup. If you discover bug soon enough, you can replace broken backups with new ones. |
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