Although extremely ironic, this is indeed a sound option if you doubt your capabilities to self-custody. I actually remember no less than the popular Bitcoin preacher, Andreas Antonopoulos, admitting that one of his backups is safely stored in a bank safe. To me, this is indeed an option. After all, robbing a bank is much harder to do than robbing a house without a single security staff.
But forget about owning a couple of houses just so that you could safely keep your backup in another house. Each house is as vulnerable. So that's ridiculous. Not to mention the cost of building that other house. That's more absurd than keeping your wealth in Bitcoin but storing the private keys in a bank's safe.
In my opinion, the idea of keeping records of your private keys in banking institutions is a bad idea. It should not be forgotten that the attention of all criminal elements who are trying to penetrate there in any way is riveted to the banks. And this happens quite often. In addition, the probability of abuse by bank employees themselves cannot be discounted. In the case of secret keys of wallets, the leakage of information is generally invisible and unprovable. In a private house, you can arrange a more reliable hiding place than any bank in the world is. After all, information about secret keys on paper does not take up much space and can be securely stored anywhere. When robbing a private house, finding such a cache is almost impossible. |
|
|
|
The safest investment in the world is Gold, never knows dead and the price of gold will continue to rise, but gold fluctuations are very low so it is more suitable if I already have millions of dollars, while bitcoin is a very promising investment because it can profit 100% in a year period even less than a year.
Cryptocurrency and gold are very different financial assets. Where to invest depends on the specific circumstances and our desire. But it would be wrong to give preference to one of them. Each has its own merits and demerits. Gold is more reliable, but it also has a lower yield compared to bitcoin. To better preserve our savings, a partial investment in both assets is suitable. |
|
|
|
Something important i would love to know, recently just go through the bounty sections and found lots of project running bounty's which implies marketing. Do you think the marketing is important to do as of now since the dip have gradually affected many people around the cryptospace.
And what happened if they run the marketing at last didn't succeed, what would or might be the outcome of the bounty hunters? Does it mean they should stop joining bounty since the market is in dip or what could be your suggestion.
I don't mostly pay attention those bounty's that are paying with their token and i don't join any manager who is not trusted and reliable, so i only select those bounty's paid in Busd, Usdt.
Of course, participating in bounty campaigns where the team pays with stablecoins, and even periodically during the bounty campaign itself, is now the most successful option. But the fact is that there are very few such new projects, and they usually have a small limited number of participants. Also, in such campaigns, as a rule, a limit is set only for high ranks. Therefore, you have to choose from what is offered. First of all, I look at how useful the new project and its token will be, but of course, a lot of effort still remains without proper payment. |
|
|
|
I just read news about the Ukranian advances today and this makes me wonder if Ukranie would try to recover Crimea as fast as possible in case they manage to clear the rest of their territory of Russian soldiers.
I am not sure whether it is true or not but I have read Crimea has become a stronghold for the separatist cells and there must be an important number of Russian Units there to protect those "Autonomous Republics" the Klemlin proclaimed not long ago.
Another potential but unlikely escenario would be Ukraine trying to return the favor to Russia and annex some land, hopefully not that would definitely scale the conflict, imo.
Ukraine has declared that it will retake all territories occupied by Russia, including the Crimean peninsula. In September, the Armed Forces of Ukraine almost completely liberated the Kharkiv region, which is approximately 9,000 square kilometers. There are great successes on the eastern front. Since the end of September, the Ukrainian Armed Forces have also counterattacked the Russians in the south, where the most combat-ready part of the Russian army, numbering approximately 25,000, was pressed against the Dnieper River. These are practically the remnants of the regular Russian army that invaded Ukraine in February. Russia already has neither the strength nor the ability to help this encircled grouping, and they are methodically destroyed by precise strikes of the Armed Forces of Ukraine on command posts, warehouses, accumulations of manpower and equipment. Because of this, mobilization has been announced in Russia, but Russia cannot even clothe and provide the mobilized with everything necessary. So over time, Crimea will definitely be Ukrainian again. |
|
|
|
Global Warming, Climate Change, Food shortages, People protesting. I think we can say that we are near to the end of the world already.  JK War must be stopped. Deforestation must be stopped. Governments must focus on the agriculture right now. We need to help each other so that we will survive. I agree that humanity must now unite to solve the pressing problem of global climate change. And even more so deliberately and on a large scale not to harm the environment, as Russia is doing now, having arranged the genocide of the Ukrainian people and systematically fires thousands of shells every day from all types of weapons across the territory of Ukraine. This is very harmful to the ecology in the center of Europe, littering the valuable black soils of Ukraine with heavy metals for a hundred years. Because of this, productivity in Ukraine will fall and the problem of hunger in the world will only worsen. How to stop this war now, when the Putin regime understands only the language of force? |
|
|
|
Who will replace Russia?
The Russian Federation has been the main supplier of natural gas to Europe for decades. The gas pipeline network that crosses the continent is huge and connects Russia with almost all European countries. The EU is too dependent on Russian gas supplies. It is therefore forced to negotiate while the Russian Federation holds all the cards wanting to gain more political influence in Ukraine and other countries. It seems To replace Russia's gas supply will be a big challenge because it takes a lot of time and a lot of resources. Several countries have made efforts to push for a new era of clean energy so that they can not only supply energy but also export this source to other countries and it looks like Qatar and Africa are not expected to be a responsive alternative to Russia's gas supply but it will be interesting to see how they do. all deal with it if the situation arises and it would be better to keep a close watch on the trend. In my opinion, you should not worry so much about the countries of Europe. They want to get rid of oil and gas dependence on Russia and will do it. At first it will be difficult, you will have to temporarily sacrifice coziness and traditional comfort, but it's worth it. But Russia will forever lose its superiority and the possibility of blackmail and political influence on the countries of Europe. But let's see what will happen next with Russia itself. The Kremlin has long understood that the situation is losing, but Putin is used to bluffing. Therefore, for the time being, they defiantly show the world that everything is fine with them and everything is under control. But at the same time, Russia is steadily sinking. |
|
|
|
They also invaded the defenseless country called Afghanistan that was controlled by cavemen (and I'm being literal) spent trillions of dollars and were defeated and had to donate $100 billion to the same cavemen to buy their safe passage while they escaped Afghanistan in the worse way possible.
The United States can help the people of some country in the struggle for their independence, but they are not obliged to fight for them and will not. For twenty years the Americans have helped the people of Afghanistan with everything they could and even fought for them against the Taliban. But this cannot continue indefinitely. They trained the Afghan army and armed dozens of times more than the US has now provided military assistance to Ukraine. If the people of Afghanistan would give a worthy rebuff to the enemy, the help would continue. But they cowardly gave almost all the US equipment to the Taliban and surrendered en masse. Therefore, we have what we have. And there is no US fault here. In contrast to this situation, the Ukrainians showed complete unity and mass heroism and professionalism in the fight against the Russian invaders. This causes a well-deserved respect and desire to help defend their country and their nation. |
|
|
|
This is the best time to invest on Alt-coins, mostly on the long run holding, and the market is really fluctuating which the Bull Run may take place any moment and buying on the alt-coin, the entering price matter a lot, because what determine the value returns in profits or lost.
Although it is always better to buy altcoins at the lowest possible prices, they do not have the best time during such a period and a significant part of them leave the market forever during the crypto winter. Therefore, you need to carefully choose the objects for your own investment, so that after a while they do not depreciate or even leave the market. . Of course, high-cap altcoins are the least risky to invest in, but they do not always give good returns. Here we need to choose depending on our knowledge of this market, the ability to pay a lot of attention to it and financial opportunities. |
|
|
|
News and every where about crisis and food crisis
T b honest i go to shop and all full of food never had problems with food.
I must get 3 meals per day i couldnt function any less then that if i eat less its a suffering for many people.
People not into suffering struggle games, sure the goverments will get a lot pressure from their own people if they start to play with food.
Also im waiting economic bears but everything going up everybody spend money eating out and i dont see crisis.
Wherr is the crisis and where is the food shortages??
Im full of food i dont see any food shortages also i dont see any supply chain distruptions...i go to all shops and i get everything fine.
The crisis are not nowhere id like to see some real crisis but there is nothing everything is just fine
the food crisis here is not associated with availability but with the price of food itself where the average price rises to 10% or even more, this increase there are various factors that make it rise, maybe at this time your country has not felt the effects of this crisis, or you are a millionaire whose money is not shining, so you say where there is a crisis OP speaks from his cozy nest and can't see beyond his city. Speaking of the food crisis, we do not mean that it exists in all corners of the planet. It exists in certain regions, usually in underdeveloped countries, or where there has been some kind of natural disaster of a large scale, such as a dry summer. Also, tension with food is experienced by those poor countries where, for various reasons, agriculture is not developed and they were dependent on food supplies, including from Ukraine or Russia, or are not able to buy food in the required volumes at prices that have risen. |
|
|
|
To send grain and other agricultural products from the ports of Ukraine in accordance with the agreements on the provision of a corridor with the participation of Turkey and the UN, signed agreements are needed. The first vessels from Ukrainian ports went to the addresses of signed and confirmed contracts. Now 26 ships loaded with agricultural products have already left Ukrainian ports, and applications have already been submitted for loading 40 ships. In addition, the United States bought 150,000 tons of grain from Ukraine to provide food assistance to countries where the threat of famine loomed. As far as I know, the first vessel with grain for Ethiopia chartered by the UN World Food Program - Brave Commander - departed on August 16 from the Yuzhny port in the Odessa region. |
|
|
|
|
There is not even a doubt about this. Oil and gas production in Russia will be reduced not only for this reason. Russia unleashed a war in Ukraine, began to blackmail European countries to make the necessary political decisions, using oil and gas as weapons. This blackmail has already been repeated many times, and therefore this time Europe has firmly decided to get rid of Russia's dependence and abandon its oil and gas. This process has been launched and in a few years Russia will lose the main buyer of its carbohydrates.
In addition, many states, due to global climate change, have developed a program for a gradual transition to alternative energy sources, and this is also irrevocable. Demand for oil and gas should fall and Russian in the first place.
|
|
|
|
More and more businesses are pulling out of Russia, so this is really not that surprising.
As when China banned mining and all the miners migrated elsewhere last year, many miners are migrating again. Be it for political reasons like this, or the quest for cheaper or more reliable power or unfriendly regulations it's going to keep happening. The ones that plan ahead and have good business plans will survive, others will fail.
-Dave
There is nothing surprising. More than a thousand large companies have already left Russia because of the war it unleashed in Ukraine. In Russia, both exports and imports are sharply reduced. Sanctions isolate it from the outside world. The Kremlin has long understood this and is now desperately looking for a way out between a bad and a very bad option for her to end the war. Even the citizens of Russia have already understood this, they are fleeing this country and taking capital with them. Every month they withdraw more than four billion dollars from Russia, and this situation will not only continue, but also grow. The process has been launched and will continue by inertia even when Putin decides to withdraw his troops from Ukraine and the sanctions are eased. |
|
|
|
There is scarcity in supplying of wheat and the products coming out from wheat becoming expensive because it difficult to take it out of the border to other countries and the cost of that rising up to 45% high.
The food related problems have been getting worse for some time now, this conflict only highlighted it. It's been a couple of years that a global drought has been in effect, a lot of countries like Australia and US experienced a lot of fires. Many countries have been producing less food in the past couple of years. On top of that, for the past 2 years some countries like China have been buying all the food in the world (currently China stores 60% of all the wheat, rise, grains, etc. in the world!). After all these problems, a conflict between two big wheat producers broke and the media started covering it. In other words even if it stopped today, the food problems will continue for a couple of more years at least. Yes, food problems in the world are growing, if only because the population is growing, and growing at the expense of developing relatively poor countries. In addition, in recent years, the food situation has deteriorated due to the coronavirus pandemic, which has significantly disrupted the cultivation and marketing of crops. Russia's military attack on Ukraine also made its contribution, as a result of which Ukraine was unable to sell its grain reserves on the international market in time. But this war should not be called simply a conflict. Russia has unleashed the largest bloody war since the Second World War, in which thousands, if not tens of thousands of tanks, armored vehicles and other military equipment are participating on both sides. The length of the front is 2450 kilometers. More than a hundred thousand people have already been killed and wounded. Constant explosions cannot but worsen the ecological situation in the combat area. So until Putin stops or is stopped, the food situation will only get worse. |
|
|
|
I didn't know dogecoin pump and dump is the determine factor of the general crypto market, I thought only btc has that power. How do you explain all the previous weeks of bear market? Was that because of dogecoin as well?
Despite what the analyst may say i don't think there is a connection, the market is already in bear market.
Of course, Dogecoin, with its capitalization of $9 billion, cannot significantly influence the prices of other cryptocurrencies in this market. Prices can be influenced by such giants as bitcoin with a capitalization of $405 billion and partially ethereum with a capitalization of $200 billion. The price of dogecoin may change slightly under the influence of Musk's tweets, but we can hardly expect a similar surge in its price again, like last year. |
|
|
|
As a result of the Ethereum Merge, Ethereum is already at its highest level since June. The price of ETH has since risen to $1,919, indicating that traders are feeling bullish again. We are just around the corner from the Ethereum Merge, and hype will not go away overnight, so it is very likely that Eth may hit $2000 within a few days. My attention is focused on the final merge update scheduled for September 19.
During this time, the price of ethereum has already managed to rise to $2,000, and today we saw a general decline in the market and its price fell to the current $1,630. It is still possible to buy it at such a low price. Ethereum could rise and go much higher than $2,100. Even up to $5,000. The only question is when this will happen. Of course, it is interesting how the price of ethereum will react to the long-awaited completion of the update. But in the future, we will definitely see its good price growth. |
|
|
|
What do you think about stablecoins, some scandals around them and their future? It is interesting to hear the opinion of the members of bitcointalk
It should be borne in mind that most of the current stablecoins are backed by fiat, the currency of states. Therefore, stablecoins do not protect us from the current high inflation. This does not affect the number of stablecoins, but it is aideous for their purchasing power. It automatically declines along with increasing fiat inflation. So fiat-backed stablecoins are not a good way to keep your money. They should be considered as a necessary auxiliary tool when working with cryptocurrency. |
|
|
|
Everyone considers what Russia could give to the world, and nobody asks what could world give to Russia. What you are forgetting is that while they may have some things that the world wants, we shouldn't forget that there are a lot of things that the world can provide which Russia wants. Even something as simple as a facebook ad goes from a Russians pocket to Mark Zuckerberg’s pocket with that logic.
This is why it is quite important that if the world finds a way to not use oil or gas or wheat from Russia, and yet in the future Russians still use products from other nations, the money that they have right now would go down more and more and more, which will put them in trouble.
Facebook is banned in Russia, and the Meta company is recognized as extremist, so Mark Zuckerberg does not earn money in Russia. This is the main reason for the failure of sanctions against Russia - it seems that in the West no one really knows what modern Russia is and are based on the old stereotypes of the era of Gorbachev and Yeltsin. They tried to sort of shake up the topic of "oil in exchange for food", but it suddenly turned out that Russia also has plenty of food.  Really. It turns out that few people know Russia. Modern Russia is a ban on social networks that are normally perceived and work all over the world, as well as the recognition as extremist of everything that contradicts the propaganda of the Kremlin. There is reason to talk about the successes of Russia. As well as the protection of Ukraine's own territory from occupation is declared terrorist acts. I think that international sanctions should be recognized as extremist in Russia and the problem of sanctions will be solved. |
|
|
|
|
@be.open. Do you think that the key difference between a war and a special operation is that Russia conducts this operation with a peacetime army, without mass mobilization. We open Wikipedia and read: "War is a conflict between political entities (states, tribes, political groups, and so on), occurring on the basis of various claims, in the form of armed confrontation, military (combat) actions between their armed forces."
As you can see, humanity considers any hostilities between the armed forces of different countries to be a war. In Russia, there may be a dissenting opinion about the name of the military seizure of the territory of another state, but this does not change anything for other states.
Are you saying that in Russia they perfectly understand what denazification is?
The Russian anonymous Telegram channel "General SVR" reported that on Monday, August 15, very unpleasant data was put on the table for the dictator of the Russian Federation Vladimir Putin. We are talking about the results of a sociological survey of Russians about the situation in the country. Thus, among Russians, only 16% "are sure they understand" ... the goals and objectives of the "special operation" (SVO). 41% support the implementation of SVO, 48% do not support it, the remaining 11% do not have a clear opinion. 37% positively assess the president's actions regarding the "special operation",
|
|
|
|
I observed several changes in the price within a few months. With these changes, I wish to ask do you think the price of Bitcoin will ever hit $40k again?
I'm just being curious as a new trader.
After hitting $68,000 last year, when the current bear period is over, its $40,000 price won’t be any unreachable challenge, even in the short term. As a rule, during the next bullish period, the price of bitcoin rises even more than the previous ATH. Here one could even talk about the price of bitcoin at one hundred thousand dollars. In my opinion, this question will be of more interest to current cryptocurrency holders. |
|
|
|
|
Show Posts
