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961  Economy / Economics / Re: Pay your debt with monkeys! on: April 22, 2023, 04:59:04 PM
The question everyone will be finding answers to right now. What will the Chinas do with a million monkeys? Are they trying to find a cure for something or develop any medicinal drug using monkeys to test-run it? Nobody can't tell because China is a country that you can't question or stop their dealings with other countries.

The only thing  I can say about Chinese is that nothing is quite difficult for them to use as a research tool for a project. They make use of any given thing whether living or not. Although there is something more to this because someone Chinese government can't agree with Sri Lanka to pay off their debt to them with a million monkeys without any ulterior motives.

In my understanding, there much be something entirely to this that the whole world can't tell and the Chinese government is not ready to reveal altogether.
Sri Lankan officials say that they asked for monkeys from different zoos that they have in different cities in China, but that probably is just a cover-up and a made-up excuse from them. The public will surely create their own speculations and stories about how they might use those monkeys that they are demanding from Sri Lanka.

Some say they might eat them, some think they will use them for research purposes just like you said, and there are many other speculations roaming around but no one can really know the actual motive of China behind this strange international trade.
962  Economy / Speculation / Re: What if BTC won't see ATH again? on: April 22, 2023, 06:35:49 AM
Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
Do you want me to only name one reason why Bitcoin will soar high in price eventually? It's very easy, the answer is demand. How can you stop Bitcoin being demanded more and more since we all know that it won't stop spreading around and there are too many people in the world who are yet to make their first Bitcoin purchase, that's one point.

You can simply not stop Bitcoin from becoming more and more popular, and since we know that its supply cannot be changed and is limited, the rule of supply and demand is why Bitcoin will surely be higher in value in the future, though we can't be sure when it will cross it's previous ATH.
963  Economy / Service Discussion / Re: How much you have earned through crypto referral on: April 21, 2023, 05:44:10 PM
Myself started in crypto with sort of referral program, Stellar (now xlm) airdrop back in 2013/14 required fb account to claim airdrop, I'd ask for fb account details from people and would give mobile recharge in return.

Sold those 100k's of stellars for peanuts, in case someone was wondering.

Basically, If you give something in return, people will be more inclined to join under you.

Nowadays, referral programs have gone strict, they reward over consistency of referred person.
You are absolutely right that people basically will only take interest in something you are advertising if they find any benefit it beholds for them too, and that will be the reason why they might agree to sign up under you. No matter how hard you try, if a person doesn't find a service or a platform giving anything to them for signing up or spending any money, they will never do it.

I've seen a lot of people who use this trick to increase their referrals, they ask them to sign up and deposit a certain amount of money and promise them to give them money once they do so, and people do it for the money of course.
964  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: April 21, 2023, 03:58:30 PM
We know that job is something that you could really fully rely since you do have that fix salary on monthly basis which we know that these things cant be applied to  those who do seek for jobs.It doesnt really fit out on
the criteria plus its not something that everyone could be able to do so without having any hardship considering that this isnt a thing that anyone could deal off easily with. Instead of making or earning money, you would rather be losing money instead if you dont be able to make it right.This is why  you should really be thinking up first on whats the risks involved so that you wont really be getting shocked if ever you would
be touching up yourself with some trading sessions, sooner or later you would be able to find out on whats the reality of this.
Some says that we should not rely on our 9 to 5 job. If your goal is to be rich, yes because it's hard to save up if our income is already fixed and most workers are also suffering from a small pay. Most workers are also working per contract. In other words, they can be removed after 3 or more months.

This is why it's important to have other sources of income. Trading is like any other things in which not all people can be good at but we must not afraid to try it. There are so many learning materials online that we can use. Some are hiring a mentor to make things easier. In our first attempt, we can use play money first. When using real money, we can start with a small amount. If things don't run well after several trades. That must be the time to move on.
965  Alternate cryptocurrencies / Altcoin Discussion / Re: SEC calls Algorand a security - thoughts? on: April 20, 2023, 06:48:10 PM
Algorand is falling today as expected but will just hold for now.

If we go back down to the December low then I will buy more.

I think they will be ok , just needs to get through this period.
That's right buddy. You shouldn't panic because even me I do believe that Algorand is one of those great projects. The fall can only be temporary and it's due to the panic of some weak Algorand investors after hearing this news but they will regret it later on and will try to go back especially when they see that the price of Algorand is increasing again.

Even if we are not in December where the price at its lowest, you can still do a DCA if you believe on the future potential of this project, the same with what you are doing with your Bitcoin and other top coin investments. Waiting for the bottom can only be a waste of time as it may not happen again.
966  Bitcoin / Bitcoin Discussion / Re: The Number Of Bitcoin Millionaires Doubles In 2023 on: April 20, 2023, 06:08:45 PM
in trading, no one becomes a millionaire out of thin air. When the price is rising, it's like a pool where people put and put a lot of money, then some people start to take the money out of the pool while others are putting and putting. The one who takes the first, is the winner and millionaire. So, if someone become a millionaire by bitcoin, this means that someone also lost money.
What I want to say is that bitcoin is not a magical money printing machine, trading and holding is a game and in game, we can't have winner without loser.
To what? To confiscate an address with BTC inside? But if the criminal stole it yes and then the BTC or the address must be handed out again to its real owners. Bitcoin trading is highly profitable due to the unstableness of BTC but one must also be familiar on how the price moves.

It's possible for a trader to become a millionaire especially if they are doing this for a long time already or they also bought their BTC once it was still dirt cheap. The same can go with the Bitcoin investor. If you only have 1 BTC now, you can be a millionaire already if you are living on some underdeveloped countries where US dollar rates are high against their local currency.
967  Other / Beginners & Help / Re: I need to get to the bottom of this myself on: April 19, 2023, 05:06:31 PM
Sometimes, under download sectino, website put the Github code of their open-source code. Easy way to check whether a program is open-source or not, is to check their license. Another method is to just google: Is [programname] open source? If answer is yes, then look for their source code. By the way, if you don't trust their executable file and only want to run what you see, then learn how to run from source. Electrum, for example, comes with a tutorial.

By the way, name the wallet you want to know if that's open-source or not, we will help.
I'm pretty sure that he would have shared the name of the wallet within the opening post if he really wanted to, but since he didn't do that, he probably didn't want to disclose that information publicly for any reason that he might have. Also, I didn't understand your reference about checking the license of the software to know if it's open-source or not.

I also don't think that one needs to first Google if a wallet or any program or project is open-source or not, all they need to check is their website and to try and find their repository which contains the source code. If one understands a bit of coding and can identify if they have their source code open to the public, they can identify whether the project is open-source or not.
968  Economy / Speculation / Re: Bitcoin is improving I guess? on: April 19, 2023, 04:35:45 PM
We are more likely to experience better end of the year, as of last two weeks Bitcoin was $23,000 but I can see some impressive changes hopefully the ends or mid of the year will make significant changes in price. Though am not excited much because  even if it pumps I might not enjoy the fat price, I bought when the price is high but now you will pity my wallet. Anyway we're sure of better 2023.
Ops I expected to to have return back to update the thread with the current state of things with Bitcoin,  as a lot have changed lately and I must say we are in for more surprises from Bitcoin in thos years 2023, this is the most fun time because of how Bitcoin struggle all through the year 2022 with all the market crisis that impeded a lot on the price movement pf Bitcoin in an uptrend directions.

To be honest with you, I am too positive that this year 2023 will bring along with it a lot of market differences for Bitcoin and that will be in the most positive dimension that will trigger other asset price. Even if the fed or sec come up with their planned anti crypto regulations it wouldn't delay Bitcoin in 1/bit.
Government regulations have never been that big of a hurdle for Bitcoin when it comes to its price and the pace it increases, what makes a difference is the supply and demand and the money flow that drives volume in and out of Bitcoin and the cryptocurrency market in general, if there is a delay in that, that's something to worry about.

I believe we are going to see some correction happening very soon, so we must be mentally and financially prepared for that. If it doesn't happen, things will be much better to the eye of the normal Bitcoin holder living in some part of the globe holding his mobile in his hand all the time watching the price.
969  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NFT Speculation on: April 19, 2023, 03:22:41 PM
maybe the NFT period has faded, and if we can't take advantage of the ongoing trend, then we will lose because no one is buying it, especially at high prices. especially during a bearish season like today, of course many people will prefer to buy the main coin in investing, and that is clear in terms of the security of the capital used, especially at a low price that makes us more confident to hold the main coin in making a profit
well, I think NFT is still struggling in the cycle of finding practical value for application and acceptance of market demand.  That means that the hype of the NFT after exaggerating speculative opportunities has created pressure on its characterization reception.  Therefore, its loss or gain will be realized in the future (in 2025 or later i guess) as its significant entity in the cryptocurrency market.
I am sure that's too long. NFTs are not new anymore and besides, before the developers create an NFT, they must think if what is a better concept of it, not that they will create the NFT first although I think they can still modify it and make it a better version. There are so many NFTs created in different fields i.e arts, music, games and others. Some are successful and accepted by the public but some are just a useless piece of image.

Yeah, the hype on NFTs are too much or can be said to be exaggerated because of their value which are too expensive. They will surely be remembered in the future, not only because of that but also because they have been a part of the crypto.
970  Bitcoin / Bitcoin Discussion / Re: How not having money helped my Bitcoin journey on: April 18, 2023, 04:32:51 PM
Skeptical about how the OP mined BTC on a Pentium 4 PC, but keeping that aside, I am happy to know that bitcoin helped them in their journey of life. Getting a job after college is a tough time that every student has to go through with differences in every field, so such times are often depressing and leading to bad habits to form. One good habit that we can all form is bitcoin investment and going through the campaigns that go on here if you have a flair for writing and engaging in discussions. It can become a second source of income and support you.

Keep in mind that methods to earn are always there, but we need to be active and seek them out, Bitcoin is one method to be paid in.
Being a student when I first came to know about Bitcoin, I can surely vouch for what you said, maybe not about the earning part, but the struggle to find the ways that can actually help you earn something, and that struggle was probably the reason how I stumbled upon this forum too which I can totally call a life-changing experience for me.

I remember, I used to claim Bitcoins from free faucets initially and was always in pursuit of finding ways how I can earn and get more since just like OP, I didn't have money to buy it, maybe I couldn't manage to earn a lot of it, but that struggle surely kept be busy and away from all bad habits and bad gatherings that I might get into if it wasn't for this.
971  Economy / Gambling / Re: justbit.io asks for KYC (their site say NO KYC) then confiscates my winnings on: April 18, 2023, 03:02:50 PM
your ideas on casino newsletters and TOS adjustments, just tremendous! We gotta be in the know, folks, about anything that might hit our accounts or the joy of the game. Putting those casino newsletters on the whitelist - believe me, folks, that's the winning ticket to getting the latest intel, dodge those pesky issues.
Newsletters are not the appropriate way to inform customers about changes in the service's ToS. Most of the time, newspapers, as well as promotions emails, tend to be spammy and most customers do not subscribe to them. The company must send a dedicated and formal email to all its customers to be sure they are aware of the changes.
Besides, those changes and new rules shouldn't have a retroactive effect and the ToS page should include the date when it was last updated. This is what professional companies do.
Newsletters are exactly not for that purpose at all, which website uses newsletters to send important updates and messages that are a must-read to their customers? If a casino or a platform makes the excuse that they've sent the update through newsletter, they are either lying or they never wanted their customers to read the updates in the first place.

An email and a in-web notification should be sent to all players about any changes that have been made in any part of the platform that may be of concern to the players or have an impact on their gameplay or overall experience.
972  Alternate cryptocurrencies / Altcoin Discussion / Re: Where do you look for information about new project/coin? on: April 18, 2023, 05:31:00 AM
where to find New Projects/New Coin is from this forum or websites like Coinmarketcap or Coingecko.

There is also a website for ICO info like ICOdrop and I can get other info from Bounty and Airdrop but mostly I participated on community Venture Capital.

and of course, before investing in any project/coin new or old you need to Do Your Own Research first

1. Roadmap
2. The Purpose
3. The Developer and the community
4. Whitepaper and Tokenomic a

and lot more
Do you also invest in ICOs of new projects? Is it really worth it? I genuinely want to know because as long as I remember, it's been a long time since I heard that a project has provided good returns to their ICO investors since most of them are either not good enough to survive in the market or they survive, they can't manage to gain any value at all.

I'm not talking about all the projects, of course, I know that there are good ones two where the team has a real vision and the project is well-planned and also promoted in a sophisticated way that gains genuine investors, but that isn't the case for most.
973  Other / Beginners & Help / Re: How to be more useful in this forum on: April 17, 2023, 06:42:05 PM
The ideology is the same as when you study at school, if you care about the material the teacher teaches, at least you will understand some of what the teacher teaches.
You have big capital to develop, namely determination. As long as you are willing to learn and hone your skills, sooner or later you will be able to contribute to the forum.
A simple but effective way that you can do is read, study, and be more active in discussions with seniors, that's the first point you need to improve.
Maybe he should skip the part where he will need to be more active in discussions with seniors, there is obviously nothing wrong with that if he does it but it will be better for him to first make himself knowledgeable enough to start making posts and take part in discussions, otherwise, he might end up earning a place for himself among the spammers' pool.

Gaining knowledge shouldn't only be done through the forum, some users tend to believe that they will learn everything from here and they don't look at other sources, that is wrong, you need to explore everything on the internet for what interests you. If it's Bitcoin, go ahead and read everything you can about it and that will only increase your knowledge.
974  Economy / Speculation / Re: Where next for Bitcoin: $20K or $50K? on: April 17, 2023, 06:12:16 PM
In my opinion, April is now a determinant of whether the market will rise or dump again, from many facts that occur, if the April can rise then that year will rise or vice versa, if the April red then until the end of the market the RED, hopefully April can reach at least $ 40k so that the opportunity for rising can reach at least $ 100k at the end of the year
That's not really necessary, even if the market doesn't react much in this month, it can still go pretty far by the end of the year, the market sentiments depend on real-world events and the buying and selling pressure that the market has to bear every now and then. The price seems pretty stable so far, I don't see it going to $40k pretty soon.

Even if the price doesn't manage to reach $40k by the end of this month, I'm still positive that we will have a good-looking final price by the end of the year 2023. For now, I'm more into the price going down below $30k once again.
975  Economy / Economics / Re: Does anyone notice the "investment cost" ? on: April 16, 2023, 05:46:43 PM
No, it doesn't sound logical to me. You take into consideration that I would buy something, it will go up, I will sell it, it will continue to go up, and I will buy it again. When you consider it like that then yeah there is a cost to it and that would be bad. However, how about this, I buy something, it goes up, I sell it at peak, then it goes down, then I buy it again, and it goes up, so I double my profit as well as my initial capital, so my 10k became 20k but then became 40k. Does that make sense?

It's not like that can't happen, it could very well happen and I would love to see that. However, we can't know what's going to happen in the future so whatever we do it is not going to be a great deal and we should just focus on what's real and not something that is hypothetical.
What you said is basically what a trader should be doing since that is how one can get profit from trading, but that isn't what everyone does, especially newbies, what they do is they sell early, though they get profit from that, then they start having FOMO as soon as the market goes a little bit up again and they decide to go in again.

And that is basically a mistake because one should only wait for the market to drop below the points where they've previously sold their assets to buy again if they want to get more profit and don't want to have an investment cost.
976  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 16, 2023, 05:03:54 PM
Without the Indian players, I am not sure how this league will take off. From what we have seen form the recent ICC media rights auctions, 90% of the cricket revenues originate from India. If Indian players are not there, then the interest, and thereby revenue potential from India will be on the lower side. And they have very high ambitions. They want to overtake the IPL and become the "richest" cricket league in the world. In the end they may become the "richest" league, but by no means they will be able to become the most "popular" league in the world.
Yes, without India in cricket having any big league is not possible even Saudi are doing amazing huge investments in sports and trying to change view of their country specially while Crown Prince is still involved in many off the record issues which are not good for the Kingdom and I have personal view about their World Cup bidding is not going to successful because things are still not favorable for them around the world like Qatar.

Back to cricket as BCCI announces things completely down and out of their way because right now India is the biggest brand in cricket and if they want to do something it's not possible without India, and they will not do anything which bring down IPL image for me this dream is not going to be become into reality.
977  Bitcoin / Bitcoin Discussion / Re: Why we want inflation for good value on BTC? on: April 15, 2023, 05:12:33 PM
With the printing of fiat money that is always in constant motion by the powers that be.
As the fiat money devalues in value. The value of BTC and other cryptos goes up.
So if the banks etc printing all fiat out of crazy numbers, then we should be in a guarantee of BTC going to over a million perhaps.

Does that mean we should be embracing the printing of money?

Make all our money go totally out of value, so anyone holding BTC can get good value?
We don't want inflation so that the price of Bitcoin or cryptocurrencies increases, but we say that when there is inflation, Bitcoin might save your money from getting devalued if they are invested in Bitcoin, and these are two different things. Inflation in general doesn't only affect cryptocurrencies but it also affects the lives of the people living in that economy.

When there is inflation, what you earn is barely enough for you to survive unless you are from the elite category that floats above it but those who are from the lower category will suffer from the high rates of goods and stuff that we buy for daily use.
978  Economy / Speculation / Re: When do you think Bitcoin will hit $1 million for the first time? on: April 15, 2023, 04:35:09 PM
To reach $ 1 million of course it takes a long process because the current price is around $ 30k, it needs an increase of more than 3300%, and in my opinion the price of $ 1 million can be reached at least 10 years from now, moreover sometimes the market has a bad trend that takes 2 or 3 years to recover.
Very very long process which it might not happen in our lifetime considering that we are talking about hitting up $1M/coin which is something that it is close to impossible or i cant
really bare out to think on how big the overall global scale of recognition and adoption which we do really need for us to hit up this kind of number or level.
This is why i cant fathom nor bare or imagine on how far would be considered to be enough on reaching out this state and this is why i dont really make myself
that too optimistic with this kind of approach when it comes to price goes to million.Just deal on whatever price we would be able to hit up.
Well, it shouldn't take a lifetime for that to come up considering only a decade ago, people used to call Bitcoin a useless technology and they called it a bubble when it started growing up and then dropped down a bit as well, but what it managed to achieve in their faces, it has hit $69k in not more than a decade from that point.

So I would probably say that it's achievable, but as you said, it will definitely need a very high level of global adoption and recognition and of course, a hell of a lot of buying pressure from the masses. It has a limited supply, so the demand will surely increase with the adoption increasing.
979  Economy / Trading Discussion / Re: What's your most preferred Bitcoin investment strategy right now? on: April 14, 2023, 02:19:30 PM
HODL and DCA
When combined together they do wonders. And although whichever one is selected is dependent on the goal the individual has set for themselves.
As an individual whose goal is 1 bitcoin by 2024. I have adopted the DCA investment strategy. It helps me build consistency and my mind is always in the state of rest because I do not get to be worried about the market volatility, FUD and all of those other unforeseen circumstance. Now that the price of bitcoin is up, it still doesn't matter to me. So these two strategies are the top strategies on my list the others are secondary.
The best thing would be to combine both DCA and HOLD strategies together and you should be good for both the short and long term. Seeing if the price starts correcting after hitting $30.5k, one should get ready to start doing DCA as it falls down further, and once it starts going up again, they should simply hold on to their nerves.

The price might not go too deep this time, some people are expecting it to go around $20k but I would say that is a lot to expect, it might go around $24k or something and even that would be a great price for people to buy more if they want.
980  Other / Beginners & Help / Re: Trade vs. HODL - avoid traps on: April 14, 2023, 10:22:41 AM
I'd say that people have an interest in trading because of what they see on the internet as some traders encourage people to trade. Yes, many have tried and failed, they'll think that it works too easily.
In fact, I was trying this before together with one of my friends, and guess what, I fail while my friend become successful. I was wondering why even if I ask him what he did and follow what he said, I'm still losing. Now I realize that even though these influencers will show us what they do, it won't give us assurance that we become successful and be like them, and this is because we have different decisions in every situation.
Following the so-called influencers is a very big mistake that a lot of newbies commit these days, the influencers praise trading or particular tokens only for their own gains since they are either paid by the exchanges they promote or the tokens that they suggest buying, and those who follow their suggestions are more likely to lose money than those who take their decisions on their own.

You can obviously watch them and see what they are saying only for research purposes, and then do your due diligence before getting into a project and buying their token. Do it only if you are satisfied and not because some influencer said the token will be a success.
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