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981  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin Be Badly Hurt if Binance Goes Down? on: June 19, 2023, 09:12:46 PM
Consider this: If Binance were to face collapse, it could potentially lead to the collapse of the entire crypto market. Binance holds significant control over a substantial portion of the crypto industry, essentially dominating the exchange landscape. Just like the repercussions that arise when a king passes away, the cryptocurrency market would experience a considerable impact if Binance were forced to cease operations or be seized by the US.

Nonetheless, even in such a scenario, I hold the belief that Binance would continue to operate and support various cryptocurrencies, including Bitcoin. Even if the United States were to terminate its collaboration with Binance, it is unlikely that the platform would halt its services worldwide. Binance has established a global presence and would likely persevere, providing continued assistance to the cryptocurrency ecosystem.
982  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin become The General Currency in the Future? on: June 19, 2023, 09:01:51 PM
It seems you're referring to Bitcoin as a potential global currency. However, I believe that a decentralized cryptocurrency with high volatility would face challenges in becoming a widely accepted global currency. While many people appreciate Bitcoin for its potential and the freedom it offers, I personally find it unrealistic to support its adoption as a global currency. One of the reasons is that Bitcoin's decentralized nature makes it difficult for any government to exert control over it, which can raise concerns for regulatory authorities.
983  Bitcoin / Bitcoin Discussion / Re: BTC CHANGED MY LIFE - Crypto investor? on: June 18, 2023, 10:00:10 PM
Although the story was lengthy, I found it quite enjoyable. It's fascinating how you initially encountered Bitcoin and have remained involved in the world of cryptocurrencies. It's true that you didn't fully grasp the potential of Bitcoin when you first encountered it; otherwise, you could have become a multibillionaire by now. Nonetheless, you currently hold a substantial amount of cryptocurrency that still has the potential to transform your life once again. Patience is key, as the cryptocurrency market is highly volatile, but with time, you may reap significant profits.




984  Bitcoin / Bitcoin Discussion / Re: Is This the End of Crypto? This U.S. Congressman Hopes So... on: June 18, 2023, 09:45:07 PM
No, truly decentralized cryptocurrencies like Bitcoin cannot be eliminated. They will continue to exist as long as they have the support of their holders. Since Bitcoin is constantly changing hands, there will always be new holders emerging. While the US may choose to ban Bitcoin and cryptocurrencies within their country, they cannot prevent global Bitcoin trading. Therefore, the chances of cryptocurrency coming to an end are zero. Instead, it will evolve and upgrade over time.
985  Bitcoin / Bitcoin Discussion / Re: A no-Bitcoin friend turned a old Bitcoiner on: June 18, 2023, 09:23:04 PM
There is nothing inherently wrong with discussing matters related to Bitcoin, as it falls within the realm of financial affairs. However, the reason why your friend chose to hide this information from you remains known only to him. It is possible that he did so to safeguard his privacy. By not disclosing his holdings to you, he avoids the risk of you inadvertently sharing that information with others, potentially exposing his financial situation to a wider audience. Similarly, I personally engage in Bitcoin discussions with my friends but refrain from revealing my own holdings. This approach is driven by a desire to prioritize my privacy and ensure my safety, rather than any other motive.
986  Bitcoin / Bitcoin Discussion / Re: Biden administration will kill Bitcoin! Says Ron DeSantis. on: June 17, 2023, 10:10:02 PM
In brief, it is nearly impossible to completely eliminate Bitcoin. The most effective approach that authorities like President Biden or the US government could take is to restrict or prohibit the use of cryptocurrencies within their jurisdiction. They could enforce regulations and discourage citizens from engaging in crypto-related activities. However, their influence and control are limited to their own country, and they cannot eradicate Bitcoin on a global scale.
987  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is legalized, a dream of mine would come true on: June 17, 2023, 10:01:21 PM
Do not despair or believe that the legalization of Bitcoin in your country is an impossible feat. Once your government realizes that numerous countries have embraced Bitcoin, they may reconsider their stance. The legalization of Bitcoin is a topic that requires thorough examination by governments, as it is a truly decentralized currency beyond their control. However, I hope that one day Bitcoin will be recognized as legal in your country, and your aspirations will be fulfilled.
988  Bitcoin / Bitcoin Discussion / Re: How to fight with FUD about Bitcoin on: June 17, 2023, 09:56:11 PM
In this scenario, it's best to address their arguments directly within the thread. Even if you were to engage in private conversation, it's unlikely that they would be swayed. It's more effective to present your counterpoints with accurate information in the public forum. By doing so, the general audience will be able to witness their misguided views regarding Bitcoin and hopefully recognize the fallacies. It's important to note that there are numerous individuals who actively propagate negativity and misinformation about Bitcoin. Engaging in the thread is an effective strategy to counter their claims and provide accurate information, thus debunking their falsehoods.
989  Bitcoin / Bitcoin Discussion / Re: Without money, the knowledge is a waste on: June 17, 2023, 09:49:46 PM
Indeed, both knowledge and money are crucial for advancing and establishing your empire. Without either one, progress becomes difficult to achieve. This is particularly true when it comes to cryptocurrencies, as money plays a vital role. While it is possible to earn some income through leveraging your knowledge in marketing or other areas, the potential for substantial earnings is limited. To seize the opportunity to invest in cryptocurrencies at the right moment, having sufficient funds is imperative. Unfortunately, I missed out on accumulating assets during this bear market because I lacked the necessary funds.
990  Bitcoin / Bitcoin Discussion / Re: Crypto exchanges on: June 13, 2023, 07:38:02 PM
The current circumstances make it increasingly challenging to select a reliable centralized exchange. As a result, I now lean towards using decentralized exchanges (DEX) to ensure the safety of funds. Storing funds in a centralized exchange is no longer considered a secure option. However, I must admit that I have been utilizing Binance as my primary centralized exchange and haven't explored other centralized platforms extensively. Occasionally, I utilize DEX platforms to accumulate certain tokens. Therefore, if you are contemplating using a centralized exchange, I would recommend refraining from storing funds there. Instead, use it solely for purchasing tokens or coins, and promptly transfer them to your non-custodial wallet for enhanced security.
991  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the best career for women on: June 13, 2023, 07:27:01 PM
Indeed, it is undeniable that there is a significant presence of women in the crypto industry. Throughout my experiences in crypto marketing, I have had the pleasure of meeting numerous female crypto marketers who have exhibited remarkable strength and expertise. However, this doesn't necessarily imply that a career in crypto should be exclusively considered for women. Engaging with Bitcoin or working in the crypto space doesn't require a substantial amount of additional time investment. These activities can be conducted online from anywhere in the world. Of course, if someone faces family-related challenges, such as taking care of children, regardless of their involvement in crypto, it becomes a distinct matter. In such cases, prioritizing the well-being of children should be the primary concern, regardless of one's connection to the crypto industry.
992  Other / Beginners & Help / Re: Tips on crypto investment on: June 12, 2023, 07:06:15 PM
In my opinion, the most crucial rule when it comes to investing in cryptocurrency is to only invest what you can afford to lose. The crypto market is known for its instability, and there have been instances where certain coins have plummeted to zero value. As an investor, if you hold such coins, you run the risk of losing everything. This advice holds significant importance for all investors, and it is essential to remember that anything can happen in the world of crypto. Therefore, it is advisable to adhere to this rule consistently and exercise caution at all times.
993  Alternate cryptocurrencies / Altcoin Discussion / Re: BEP20 OR ERC20? Preferred token on: June 12, 2023, 06:52:29 PM
Considering the present circumstances, I would advise exercising caution when dealing with BEP20 tokens due to the issues surrounding Binance. While the tokens themselves may be safe, people have become apprehensive about them. In terms of security, ERC20 tokens are generally considered more reliable than BEP20 tokens. However, it's important to note that there is a significant disparity in transaction fees between the two. Ultimately, the choice of which chain to use depends entirely on the project's specific requirements and preferences.




994  Bitcoin / Bitcoin Discussion / Re: My friend interested in investing in BTC but the friend's father does not agree on: June 12, 2023, 06:42:23 PM
To begin, I would suggest emphasizing the importance of focusing more on his job. As he is already established, he has the opportunity to invest in Bitcoin as a result of his work. Investing in Bitcoin will not interfere with his job responsibilities, as it simply involves buying and storing it in a secure wallet. Considering the current situation, he can allocate a portion of his savings each month to gradually acquire Bitcoin. It's important to note that investing in Bitcoin should be seen as an additional investment due to its high volatility. This way, he can mitigate risks and ensure that he doesn't have to sell his holdings in case of emergency situations.
995  Economy / Speculation / Re: Take advantage of the price fall. on: June 12, 2023, 06:24:03 PM
Currently, we find ourselves in an accumulation phase, to be frank. However, it's important to acknowledge that some individuals are bold enough to accumulate assets even during a bear market. They believe that the market will continue to decline and choose to wait for that moment. Unfortunately, such individuals often end up purchasing assets at high prices and subsequently regret their decision. Presently, the market is experiencing a significant downturn due to a multitude of negative news. Nevertheless, I am confident that in a few days' time, the situation will become clearer, and the market will regain momentum. Therefore, those who have the courage to accumulate now and are willing to take the risk may reap the benefits in the long run.
996  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin must surpass gold on: June 11, 2023, 07:10:03 PM
I don't prefer comparing Bitcoin to gold as they are fundamentally different. While gold is a tangible commodity that exists in the physical world, Bitcoin is a digital currency that exists virtually. Currency, including Bitcoin, holds a stronger position than gold because it is necessary to acquire goods. In essence, currency is inherently stronger than gold. Furthermore, Bitcoin possesses even greater strength in this regard. The price of gold tends to rise because people view it as a store of value. On the other hand, Bitcoin's value increases primarily through investor trading and profit-making activities.

997  Bitcoin / Bitcoin Discussion / Re: The role of Bitcoin in eliminating unemployment in our country on: June 11, 2023, 07:01:13 PM
Bitcoin and cryptocurrencies play a role in reducing unemployment, although their impact is not particularly significant. However, they do assist many individuals in meeting their family expenses. Numerous people engage with cryptocurrencies and earn from them, although these activities should not be regarded as full-time employment. I am aware of numerous individuals who work on crypto exchanges and platforms, but their numbers are not substantial.
998  Bitcoin / Bitcoin Discussion / Re: Gensler can destroy the U.S. crypto industry but he can’t kill crypto on: June 11, 2023, 06:15:35 PM
The ongoing attack on the crypto market is the most significant one yet. The SEC  filing lawsuits against Binance and Coinbase, it represents a critical moment for the entire crypto industry. Surprisingly, despite these challenges, the market hasn't experienced a significant decline, thanks to the unwavering confidence of investors. As we move forward, the market is poised to rebound even more strongly, regardless of whether the SEC or the crypto industry emerges victorious. While the SEC has the power to potentially disrupt crypto within the United States, it cannot eradicate it entirely. Lately, people have expressed regret towards the SEC, and if the regulatory body continues to create obstacles, it's likely that US citizens will increasingly turn to decentralized exchanges (dex) as an alternative.
999  Bitcoin / Bitcoin Discussion / Re: Bitcoin's market position inflation corrected on: June 11, 2023, 06:01:12 PM
Are you curious about why the price of Bitcoin has increased in relation to fiat currency inflation? It may seem contradictory since Bitcoin is also part of the economy and can be affected by inflation. However, the price of Bitcoin has risen primarily because of increased investor interest and demand. Bitcoin has a limited supply, and with more people investing in it, the demand has surpassed the available quantity, leading to a higher price. This is the fundamental reason behind the price surge.
1000  Economy / Service Discussion / Re: [OPINIONS NEEDED] Software to assist campaign managers on: June 10, 2023, 08:36:38 PM
I'm not entirely familiar with the algorithm of the bot you mentioned, but I don't hold much hope that it would be beneficial for managers who enforce strict post count regulations. Each manager has their own set of rules for managing campaigns and ensuring post quality, often imposing restrictions on participants. As companies pay managers to maintain a flawless operation, I believe it's the manager's responsibility to put in the necessary effort to ensure campaign quality. Otherwise, companies could manage these campaigns themselves by employing bots like the one you mentioned.
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