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901  Other / Beginners & Help / Re: Save in Stable Coin Or Save in Local Currency? on: August 26, 2023, 12:01:30 PM
As a novice in crypto, I want to take enough time to learn more on how the market works before investing. But I'm really concerned on how to keep my money safe as I await the right time to invest.

Do you think it's better to save in stable coin like usdt or I should just keep the money in the bank?
I think this is the right time to invest, especially investing in bitcoin, considering that the price of bitcoin is in a difficult state to move like it is today. The exact time that I have in mind if I want to invest in crypto is not certain when it will happen. But when the market is red due to a decline, that's when it's the best time to buy.

If your current version isn't the right time to invest and you think the right timeframe won't be far off, just store in a stablecoin like USDT. When you think the time has come, you can buy with the BTC/USDT pair.
Because for a long time, I dare not guarantee that stablecoins will be safe.
902  Economy / Gambling / Re: I have solved the problem of complexity in provably fair games on: August 26, 2023, 11:29:23 AM
-snip-

Other people who have useful comments might do so, but please refrain from trying to know how I get to implement the provably fair games this way because I am not saying anything nor giving any hints.
Stories about people who passed through similar situations as mine are appreciated. Thank you!
There is no solution that can beat the game system owned by a gambling site unless they themselves manage to give in. Of the 1,000 players, 2 of them are arranged to be given a win so that it seems that the site is suitable to be used as a place to gamble.
I'm tired of all that guys.
Your role is similar to that of an admin/operator of a gambling company that is doing a promotion.

Those who have worked as an operator in a gambling company will laugh reading my post.
I also really agree with what decodx said above that everything looks great in theory, but it will collapse when it is in reality.
903  Economy / Economics / Re: Having a problem a Personal Finance? on: August 26, 2023, 11:01:56 AM
-snip- ... ... There are some things that can help you in this matter, and some of them are:
[a.] Read books related to personal finance.
-
They already have a steady income at the beginning of each month with a relatively large salary but don't know how to deal with personal financial problems, maybe books related to finance will open the door for solutions for them.
By reading books, they will find advice for investing and things that can lead to how to divide the percentage for saving, the percentage for buying because I often find it in several books about personal finance arrangements.

Not blaming the situation, reading books related to finance simply does not apply to people with much lower incomes.
Going to work in the morning, in the afternoon and sometimes even going home at night depending on the time. Three children and three of them go to school. Pocket money for them depends on the high level of school. Pay bills every month. And there are many more expenses to think about.
It's hard to find time to read a book.

I very rarely find a book whose contents explain how to organize good finances for people whose finances are below. Are you serious. I rarely get it in bookstores I've visited in my area.
904  Economy / Trading Discussion / Re: Bitcoin holder are not maximizing the bitcoin potential on: August 26, 2023, 10:22:00 AM
-snip-
While the common approach is to view Bitcoin solely as a long-term investment, it's worth considering an alternative perspective – that of an active trader. By delving into trading strategies, it's plausible to generate a daily income ranging from $20 to $30, provided one has a sound grasp of the market dynamics.
-snip-
The type of offer that can generate daily income of up to tens of percent, IMO not all are interested in doing this type of daily trading and are still loyal to making bitcoin a long term investment.
Traders who choose to engage in trading activities that earn up to 30% in a day, mostly not on bitcoins but on other types of coins.

Regarding the ability to understand market dynamics, with continuous issues and events that are allegedly a factor of price uncertainty than predicted in daily trading, I think people prefer to take a general approach by making bitcoin for the long term. Wrong in analyzing and implementing strategies with the main goal of getting profit, it can happen the opposite of the profit you want to get, namely losing some funds.

Doing day trading is just a matter of courage in taking a stand. Fear of loss, then the best way is a long term investment.
905  Bitcoin / Bitcoin Discussion / Re: 2023 best bitcoin site? on: August 26, 2023, 09:41:25 AM
-snip-

From your personal point of view, what would you say it's the #1 Bitcoin Site?
One that says the bitcointalk forum is the best bitcoin site now and in the future as long as the discussion is still active.
Because it is true that the bitcointalk forum is very complete in presenting information that is discussed until it reaches a conclusion.

To get news about bitcoin, social media platforms like twitter provide information on studies and speculation by people who are directly involved in trading and investing and people who may be directly involved with large corporations. From there, the information was relatively fast and I even found many studies and discussions in this forum that were raised from perspectives found on Twitter.
906  Other / Beginners & Help / Re: They believe that Bitcoin is outdated due to a misunderstanding. on: August 25, 2023, 01:43:09 PM
-snip-
The topic description with the title is not related to each other.

People who think bitcoins are out of date are that they are out of date. Blockchain technology is an invention with the times so that people who say bitcoin is out of date are those who have never lived in an era of technological progress.

I hope the person who said that wasn't you. If you are the one who says that, then you are out of date when people are preparing bitcoin as a form of progress in the financial system.
If those who say bitcoin are bankers, then ignore these words because they are people who don't want financial freedom to happen.
907  Local / Bahasa Indonesia (Indonesian) / Re: Platform Exchanges Di Indonesia on: August 25, 2023, 01:10:21 PM
2 alasan yang membuat saya beralih ke tokocrypto adalah proses WD dan list bank yang cukup banyak, serta koneksinya dengan Binance (memudahkan lintas transaksi dari Binance ke tokocrypto (atau sebaliknya) dan tidak dikenakan fee (untuk transaksi pada jaringan Binance)). Untuk penarikan dana ke rekening bank memang cukup ribet sekarang dan tentunya ada biaya tambahan yang mesti dikeluarkan karena diperlukan 2x switching. Harapannya sih dalam waktu dekat ini ada penambahan pair IDR (khususnya yang BTC/IDR dan ETH/IDR)
Yang namanya orang pada cari keuntungan juga om. Dimaklumi saja. Hehe

Awalnya kalau indodax biaya penarikannya lumanyan besar sehingga banyak pindah haluan ke tokocrypto yang awalnya hanya 5.000 kemudian naik menjadi 10.000. Dengan tidak adanya pair IDR, kita yang rencana melakukan penarikan harus menjual lagi dari BIDR ke IDR. Disini sudah terjadi pengurangan saldo lagi sekitar 10.000-an.
Hitungannya sekarang sudah sama dengan indodax terkait besaran pemotongan saldo kita.
Saya memilih beralih ke tokocrypto karena 2 alasan yang sama juga om. Dugaan saya banyak warga SFI yang gunakan tokocrypto karena ada hubungan langsung dengan exchange binance. Jadi saya ikut warga yang rame saja.

Mudah-mudahan sih tokocrypto berniat menambahkan pair IDR dalam waktu dekat disaat maintenance kali ini.
908  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: August 25, 2023, 12:37:20 PM
Ancelotti is really experimenting with Bellingham for a new position to adapt. Because Bellingham played only as a central midfielder for Dortmund last season. This is the first time they are playing as an attacking midfielder regularly. But until now he has looked really okay with it. I can say that it is even better for him.

Because now he is able to make a bigger contribution. He is playing as if he is Real Madrid's new striker after Benzema's departure.  Grin  The new formation (4-3-1-2) is also working out well for Real Madrid so we are likely to see Bellingham in his current position more often from now on.
The experiments Ancelotti is currently running on Bellingham have been successful so far. The position Bellingham played in Real Madrid's two matches by Ancelotti had a positive impact on Bellingham because the former Dortmund player seemed to find freedom in his movements.
In Real Madrid's third game of the week, Ancelotti will retain that position for Bellingham and his 4-3-1-2 formation suits him perfectly.

In the two matches that Real Madrid have played, Bellingham's position as an attacking midfielder allows him to easily find space to take advantage of situations so that analysts say that Bellingham is very good at using positioning to score goals.
His playing with the attacking midfield position in this formation makes him similar to Guti.
909  Economy / Speculation / Re: Bitcoin is not going to $12k. on: August 25, 2023, 12:05:09 PM
-snip-

Personally, I also don't believe bitcoin will drop below $15k. And I think we have a chance to buy cheap and don't miss it.
I agree that the bottom will not be below $15k like it has been in the last year although a certainty about price is not there. That means it can happen and it can not.
Given that the price rises and falls depending on supply and demand, it is still unlikely that the owner of the asset will sell all of their holdings without regard to the profit factor that will be obtained.

Like you said, if the bitcoin price chart continues to move downwards it will be a very good opportunity to buy.
It will indeed be burdensome for the holders if the current situation continues for the next time that has the potential for panic-selling, but the heavy rain will also stop and the sun will rise to brighten.
910  Bitcoin / Bitcoin Discussion / Re: Unknown Bitcoin Whale Gains $3B in 90 Days on: August 25, 2023, 11:34:45 AM
..Other allegations point to Robinhod ..
Based on Binance article, it's from the Robinhood Markets Inc.
But I didn't find an answer that Robinhood confesses this accusation.

Whatever it is, it's expected that one day those big whales might sell their Bitcoin holding and could have an impact on the market.
However, if the Bitcoin price goes up, it will go up, because I'm afraid that traders and investors in the market will might react to the news.  If there is a perception that other large holders might follow suit, it could lead to a panic sell-off.
Yes. The attitude I like. An attitude like this is needed to ward off various useless news that panics the holders to release the assets in the portfolio.

Back to basics, we will wait to see who actually owns the addresses where there are large amounts of bitcoin. I still have the thought that it belongs to a large company such as a cold address belonging to an exchange as per the analysis provided by Franky1 because one day it will be revealed even though the current status is still in the stage of mutual prejudice.
911  Economy / Services / Re: [CFNP] SINBAD.IO [Mix Your BTC Quickly] Signature Campaign | Up-to $150/w on: August 24, 2023, 01:15:27 PM
-snip-
Welcome cygan to sinbad.io
You deserve to fill a position in the green zone in this campaign. I and all the other participants warmly welcome your joining here.  Wink
912  Other / Beginners & Help / Re: Do you think privacy is important for a beginner? on: August 24, 2023, 12:56:53 PM
Privacy must always be prioritized as much as possible to secure from all actions that can lead to the greatest risks such as crimes that often occur because hackers know the wealth owned by each individual.
Luckily for individuals who are still able to maintain their identity or privacy, including securing it through a mixer.
The wealth that hackers know is the wealth that has been published by the owner himself, so this is certainly not done by every individual at this time. Especially for those who have seen crimes that happen to other people and they definitely don't want this to happen to the assets they already have. So this is the point of applying maximum privacy to the assets we already have.
You want to convey that there is no need to publish things that should be kept secret to the public. Nice response. It should need to be taken care of by people out there who have such a habit.
It needs to be acknowledged that there are things that we cannot avoid from handing over identity, as long as it is not related to wealth which can bring danger, it doesn't seem to be a problem.

Regarding the small number of rich people we discussed who are willing to enter, there is a possibility that they don't know there is a mixer service that can be a solution for hiding user identities. Another possibility is that they are afraid of negative claims made by FUD against mixer services.
Rich people who still don't know about mixer services that they can use as a solution are probably still very many. But besides they don't know how to use it, there is some truth in what you said that they may still be afraid to use mixer services because of bad claims from a small number of people. Even though it has become a solution for them, because now there are very many rich people in this world.
If they don't know how to hide assets not to avoid government taxes so they don't become known, there can still be a solution if rich people are willing to learn, including learning to use mixer services.
The problem is sharing wealth with the public by posting on various types of social media platforms just because they want to be recognized that they have many assets. Therein lies the danger.
913  Bitcoin / Bitcoin Discussion / Re: Unknown Bitcoin Whale Gains $3B in 90 Days on: August 24, 2023, 12:19:06 PM
-snip-
The owner of the contents of $ 3B behind the wallet, there is a source who says that it is most likely owned by two well-known exchanges, namely Binance and Bitfinex. Other allegations point to Robinhod and there are also other allegations aimed at BlackRock as the main suspect as written on cointelegraph.



Even though the piece of news headline is Mystery solved, for me the main owner behind the contents of the wallet is still a blur. In fact I see this information like the alleged sale of all assets addressed to Elon Musk a few days ago.
914  Other / Archival / Re: Sinbad.io Mixer - secure, fast and easy to use on: August 24, 2023, 11:45:51 AM
Just a reminder, August 24th is the last day for the second prediction in the Sinbad contest.
SINBAD,IO MIXER August Price Prediction Challenge
Useful reminder for those who haven't provided bitcoin price predictions yet. The final time calculation in my area for the end of August 24th ends in about 5 hours and 10 minutes left.
And for friends who are in different time zones, this must be put to good use if you want to take part in the bitcoin price prediction contest at sinbad.io.

The price of bitcoin is currently at 26,511.16 and could change again (up or down). Quickly analyze the closing price in August. Who knows the prediction is true.. Tongue
915  Other / Beginners & Help / Re: Do you think privacy is important for a beginner? on: August 24, 2023, 10:33:12 AM
Regarding the importance of privacy, we still try to protect it as best we can by not doing careless things.

In terms of Bitcoin usage, we should not connect our Bitcoin stash to any centralized online platform and any addresses that we connect to exchanges. So it is recommended to use mixing services in order to erase the trace of the Bitcoin saved in our stash.

Privacy must always be prioritized as much as possible to secure from all actions that can lead to the greatest risks such as crimes that often occur because hackers know the wealth owned by each individual.
Luckily for individuals who are still able to maintain their identity or privacy, including securing it through a mixer.

Regarding the small number of rich people we discussed who are willing to enter, there is a possibility that they don't know there is a mixer service that can be a solution for hiding user identities. Another possibility is that they are afraid of negative claims made by FUD against mixer services.
916  Other / Beginners & Help / Re: Do you think privacy is important for a beginner? on: August 23, 2023, 01:41:00 PM
For all matters, privacy is very important, although in some places we cannot escape the provision of personal identity, such as when dealing with state administration.
In trades conducted in countries that allow crypto activities such as in our country for example, almost all exchanges impose KYC on users as a condition for being able to make withdrawals in fiat. I myself do not question this.

Regarding the importance of privacy, we still try to protect it as best we can by not doing careless things.
917  Economy / Trading Discussion / Re: newbie with newbie questions on: August 23, 2023, 12:50:38 PM
I was wondering how you do trading?
I'm not a trader. I am not interested in trading activity. I'm more interested in investing. My focus is on fixed coins like Bitcoin, Ethereum and BNB. Buy today, save for a long time. So I'm not a trader.
I rarely trade except when I have the intention to do it on certain days, depending on the atmosphere.

Which exchanges you use and why?
tokocrypto.
Because it supports deposits and withdrawals in the form of fiat currency.
Have also used binance. on binance i can see x5 on each coin.

Proces... -snip-
Basically, there is no group that can give us good signals to do in order to get profit, be it on spot, futures and so on.
918  Other / Archival / Re: Sinbad.io Mixer - secure, fast and easy to use on: August 23, 2023, 11:23:31 AM
I noticed that someone from the signature campaign participants chose an entry that Royse didn't include here.
One of the people you mean is me. I'm trying to respond to the avatar that was entered in the contest thread and the avatar that I'm reviewing is bitmover avatar because my eyes are drawn to the design that was made  Wink

-snip-
Because one of the avatars that I chose is not included in the dominance you listed, I think it's better if I change and use the avatar that was announced as the winner. Avatar who won, means that's the best for me to apply.
I agree with examplens offer.
919  Bitcoin / Bitcoin Discussion / Re: How do you go about realizing gains? If you opt not to, what is your reason? on: August 23, 2023, 10:53:35 AM
We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround?
It doesn't really affect the bearish market situation because bullish will also come. To get profits, investors usually invest by applying an annual pattern as has happened in the 4 year timeframe such as 2017 - 2021 - ...?.
The calculation can also be seen from the timeframe from 2013 to 2017 and 2021.
If you sell annually, the profit you get through price-recovery may be small.



What proves to be the most formidable obstacle in executing this strategy?
The biggest obstacle as well as a challenge for holders in doing so may be patience.
920  Economy / Economics / Re: Any business where today you launch, tomorrow you begin making profit...? on: August 22, 2023, 11:45:18 AM
-snip-
What you offer is a kind of season business. What will OP do when elections are over. He wants his business to work eternally. In addition, he wants his business to be self-sufficient.
-snip-
The business of printing banners, billboards, business cards that I mentioned is an example that I am trying to offer OP.
In running a business, it's not wrong if this type of business can be used to gain seasonal profits even though the main business that the OP wants to run is a business with a sustainable profit target.
The essence of what I want to convey is a business related to services that can immediately bring profits the next day.
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