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981  Economy / Trading Discussion / Re: KYC matter? on: September 08, 2023, 06:21:22 PM
What are the repercussions of failing to complete KYC on an exchange?

OP here in this crypto space we used to say Your identity is the most important thing, and don't sell it for a few services because the more reliable services are available here at this pace without KYC. taking the most common example of Trading, rather than depositing your funds on a non-custodial wallet for just trading service by the particular platform with a small research about it you can reach out to the Self Custodial System based trading service.

Opting for Know Your Customer (KYC) verification on any platform is a prudent step, but it's equally vital to ensure the platform's authenticity and carefully scrutinize their terms and conditions. Unfortunately, these terms often lean away from the customer's favor, increasing the risk of document and identity theft by unscrupulous platforms.
982  Other / Beginners & Help / Re: My decision on bitcoin on: September 08, 2023, 06:14:20 PM
Hmm, Op that's good that you preferred jumping into the market now rather than waiting for another major dip Even though there are conspiracies that there can be a major dip again it is only to the limit of theories. As far as you are done with the Home Work on Bitcoin and now you've made up your mind to invest in Bitcoin and be a long-term holder you should not wait for the DIP as to avoid the FOMO you can have a very common and most suggest investment strategy in the Bitcoin called DCA.

It is never known whether the market bottom is confirmed or not even until now as I said there are different sorts of theories and opinions of analysts about it so to avoid such scenarios except for the particular ones you should stick to DCA.
983  Bitcoin / Bitcoin Discussion / Re: When are we going to see the mempool empty again and 1sat/b confirmations? on: September 08, 2023, 06:08:17 PM
Op as we know there are a few factors involved in it, Bitcoin Halving, Bitcoin adoption by price boost, Mining difficulty, and Adoption of L2 Solutions. Considering the current market as far it is concerned at least for a few very recent years we are not going to any changes in the meme pool even more congested mempool can be expected, due to the Bitcoin price shoot adoption because of a reasonable transaction count boost, Bitcoin Halving event directly impact the inner behavior and indirectly the memepool as well which means it can't be neglected as well.

As far as the mining difficulty/hash rate is concerned in the lower hash rate a slighter change in the Block Production and slower transaction confirmation can greatly affect the memepool in congested scenarios. FOMO at the very early stage of the Price movement to the ATH can boost the transaction count as well.

Coming to the point of empty Memepool, I think there are a lot of challenges to this expectation but with the support of a few points we can say eventually it might be possible as with the L2 solution adoption the pressure on the Bitcoin network memepool can be reduced and on the Peak of Bull journey and after halving revert due to bullish market sentiments the transaction count decreases by a reasonable number. Except for this I cant see any senerio lets see what other think about it.
984  Bitcoin / Bitcoin Discussion / Re: Bank vs Crypto: Are they opposites? on: September 08, 2023, 05:49:22 PM
As Op said in Short Crypto is doing the work of Banks, Banks were introduced in the world to provide financial services the doors people to help them make their daily transactions and make their Business easy. They failed  Grin and thanks to them we got crypto instead, As for the numbers there are millions of Banks working for this purpose but still millions of people cant get a simple loan and, cant open an account to save their money. Crypto Business just learned from the flaws of Banks and introduced all of their services in the hands of people more transparent easy to access in the form of a digital financial world, not only a solution.

Covering a step of perfection to decentralized transparent solution for all this, Now you should know in an easy and short story that how they are relatable.
985  Economy / Trading Discussion / Re: Opinion Piece. Please share your Opinion on Crypto trading Questions on: September 08, 2023, 02:00:57 PM
Hi all,
I have some questions to ask y'all about trading from your personal point of view. I am looking to learn and put an opinion piece about trading. So your responses will be much appreciated. I decided not to make it a poll because it will limit the responses I get and I want y'all to be free to express yourselves based on your experiences.

1. Who is a crypto trader?

Haha, weird I'm Crypto Trader...

2. Do you only trade Bitcoin or you trade Bitcoin and other cryptocurrencies?

Hmm, Well mostly do trade with Bitcoin but sometimes, Altcoins as well, but I'm only centred in the Crypto market so, simply you can say I do trade with  Crypto market.

3. How many trading strategies do you use and which is your favorite?

Hmm, well I'm not a short-time trader, except for the particular market sentiments, For Bitcoin obviously DCA, sometimes Seasonal token hunting, and Da trade with the most possible profit. But DCA is my all time favorite, it better suits me.


4. As a crypto trader, do you focus on technical analysis only, fundamental analysis only or you rely on a combination of both to informed trading decisions?

Trading decisions taken are mostly based on the combo of technical analysis and fundamental, But as for now you better know the market is completely ignoring both of them and moving along with the sentiments, so sentimetal analysis is necessary before taking any sort of trade.


5. As a crypto trader what is your favorite crypto exchange you use for trading?

Mostly for trading, I like to use the centralized exchange, as I don't prefer that to everyone but seriously it saves a lot of headaches. Decentralized trading is something that i used to prefer but I'm not regular to that, for some reason, But it doesn't matter at all because my traders are mostly on longer time frames so mostly my funds are not on the non-custodial wallet. In CEX I used to prefer the Kucoin exchange.


6. Are there other ways you trade crypto without using an exchange ?

Yeah, there are, something called P2P.  Grin Grin
986  Local / Other languages/locations / Re: Pakistan on: September 08, 2023, 01:17:39 PM
G bhai thanks , maj ne dosra post kaafi time k bad keya tho socha k shahid kisi aur ne keya hoga magar es taraf dehan nahe deya. ab ne mentioned kia tho abe Jumma ki nemaz par k dekha per wo pehle wala post delete kar dia. ma ne 1$ bnb ka kaha tha magar kisi k pas nahe hai yaha , ab alternative eay dekhta ho kisi exchange se magar waha se masla ye ha k kam amount send nahe hotha.

ye doller rate achanak se 330 se 308 Binance P2P w aya. koi khas bath huwe kia?

No problem, as app nai delet akrte too maybe moderator change kar deta osko edit akrke yaa maybe delete hii kar deta khair.. Next time se zara khyal rkhna ... Baqi BNB as main most of time Funds ko personal wallet ma hold karta hunn + BNB and BSC see meri intrection kuch zyada nai hoti most times , AVAX chain or Bitcoin Network se kam chal jata haa.


Agar app ko pata ho tu "Compromise me" , gambling signature mein selected hy but difference yeh hy k woh gambling signature ki income bi lay raha hay aur sath sath gambling signture ko haram bhi keh raha hay.  Asa kerna app k nezdek theik hy , mujhee ni pata tha. Kion k app gambling signature ko bura sumjhee ho but agar bunda signature pehn lay aur aus ko bura bhi sumjhee tu yeh thiek hogia ?

By the way, Acha laga k app hum ko tu ni but "Compromise me" ko support kr rahay ho gambling signature pehnay per.

Bagi mein tu bura hi ni sumjhtha, aur bagi bhai themepen, unknown OP, cheema aur doorsay bhaioon ka point of view bhi meray wala hi hy aur JunaidAziz ko jo reply ap ny kia hy, aus ka jawab next post mein ayee ga.

Ye kia sceen ha bhai, mujhe nai pata onki aik post dekhi main nee ka Gambling Signature Haram haa but woo abi bi Rollbet maa hain, even kuch statement bi dii thi unhon nee exactly too yaad nai mujeh ku kaa achee se readout nai kia...
987  Local / Other languages/locations / Re: Pakistan on: September 08, 2023, 08:05:41 AM
gambling signature mai tho ap khud b hai, themepen bhai b hai, unknown op aur cheema sab waha par apply ko koshish kar rahe magar ap ka target Zain, Faisal, hamza aur compromise me hai q k enho ne esko haram kaha hai .

Haha, Galadiator bhai hum bii kisi ka target hain jaan kaa chaa laga haha.. anyway mujhe nai lagta essaaakuch haa.. Baqi ajkal pata nai kia hii chal raha apne thread paaa, Jiska ka joo dil kar raha wo post kar raha, essa nai haa ka main keh raha kaa apni marzi sa kuch psot nai kar sakte magar Galat informationn to post na karain please.. as main nee 2 3 posts dekhi hain 0% content or 100% galat info.. Chalo news kii hadd to baat theek magar phir bi jo share kar rehe oski aik dafa verification too karr leni chaiye naa.

Baqi dekhte hain next kia posts sahre hotii hainn ..

__SNIP__

Consecutive posting not allowed in local thread.. orr app aik major rule volate kar rehe hain.. Please posts ko merge karain
988  Economy / Trading Discussion / Re: Trading bot for sevenseas.exchange on: September 07, 2023, 09:54:49 PM
Guys who have a simple python trading bot for the exchange https://www.sevenseas.exchange

Hmm, Firstly I want to inform you buddy there is a huge risk involved in using a party Bot, I don't know why you need a trading bot because most of the people here don't refer to trading with bots, except for particular scenarios, Platform integrated bots are preferred as most of the time I use the platform Bot service for trading. The strategy of using third-party bots seems insecure and inefficient.

Still, if you want to give a try you should use the test mode, On Github there can be possible more relatable result for you to test your idea.
989  Economy / Trading Discussion / Re: Best Indicator for Trading in Stock Market on: September 07, 2023, 09:47:46 PM
I was searching for a trading indicator so found out this video. is this really good indicator
https://www.youtube.com/watch?v=Mibek2ode54
Please do share your thoughts.
 Smiley

Buddy Really cant approve the authenticity of the indicator, asi dont have the exposiure of the Stock market, But I can assure you that if you are getting dependent on single indicator or source for your trades mosre likely you are highly risking your capital, weaher its Stock market or crypto market. you need to have multiple indicators / soruces for your efficent decision making.

The acutal trading results are never based on the indicators, they usually depens on how effciently you make decisions with the analysis insights, and you risk management in the psotion. I'll definatly have look to what reffernce you've qouted here.
990  Bitcoin / Bitcoin Discussion / Re: Let's Stabilize Bitcoin on: September 07, 2023, 09:39:50 PM
In order for Bitcoin to be widely used for payments, it is necessary to stabilize price fluctuations.

So buddy why don't you prefer the CBDC's. I don't think its important to stabilize the Bitcoin valuation for the wider use of this as a payment mode.

Stability has nothing to do with Bitcoin as a payment mode, we aren't currently using Bitcoin as a payment mode, Volatility is the beauty of the market which is leading this market towards extraordinary growth in a short time span. 1BTC = 1BTC how much more stability do you need? The unit satoshi can be taken into account to fix the prices of the various products regardless of their fiat conversion.

Most of the people are here to make profits and these profits come through volatility and risk, Most of them will exit of it becomes more stable and according to the demand and supply in the market, BTC is eventually leading its journey toward stability where the even distribution of the total supply help to achieve.

991  Local / Other languages/locations / Re: Pakistan on: September 07, 2023, 09:28:54 PM
-snip-


Or isky Pakistan main price 25 crore  Grin


Orr sir g apko kia lagta haa ispe kitna Tax lagee gaa, as far jo halat hain mujhe new phone chaiye that and taxation is around 25% to 30% ye to zulm haa. soo agar see hi hisaab lagaya jaye moota motta cars pa taxation 17% see le akr 25% take haa ye Worst case ma 25% hoga which will be around ki 6.25 crore; Or itna TAx know de gaa banda kehe gaa chalo odhar hi move kar jatee hahaa...

Is Pakistan discontinuing Rs5000 currency note from Sept 30?


Ye news muje ajj University ka group maa milli so authenticity pa to koi shak nai banta as per news, magar phir bii ye ku kar rehe to ispe debate karte howe aik Important point samne aya is see Coruption discourage hogi haan agar ye 5k ka band kar kaa 10k ka nate naa nikal dain tooo  Cheesy, Ku ka cash maa cropution easy hoti haa agar aik bada unit hoo to zyada amount transfer ki ja sakti ha magar agar unit hii choota hoo too ye kam bohat mushkiol  ho jaye gaa.
992  Bitcoin / Bitcoin Discussion / Re: What are the reasons behind this picture being used to depict Satoshi? on: September 07, 2023, 09:20:59 PM
So assumptions, and theories have no boundaries people think Stoshi is a fictional character but He was a real one, He changed his field name as some model people do but He was real. There can be a lot of possible scenarios, The image OP you've posted is nothing to do with Satoshi, he really wanted to hide himself so he did it well, A couple of people think that he fits close to the character we fictionize because He's Japanese and Naem resemblance as well, What if he tricked everyone with name.

There is no point in digging for his Identity I think the point is to analyze his objective and the great way he used technological development to achieve financial freedom, This was what he wanted he created the base of a new system and now we are on the way to building it. Haah for FUn BlackRock will boost this journey.
993  Other / Beginners & Help / Re: Getting the Right Information About Bitcoin and Don't Be Misguided! on: September 06, 2023, 11:44:33 PM
Ohh, what a bulky paragraphed topic  Wink, my head is roaming, Dear Op as you are a Full member I can assure you already know about most of the Post editing and compilation Also you are well aware of the market and Bitcoin, So why are don't you prefer using the Colors in the text body. Besides that these days being misguided is easy and impossible which means that if you have a little active consciousness whenever some will try to trap you, using a few clicks you can verify the authenticity of the information. If you don't then it can be going to be really easy to trap you. Don't be dependent on being educated by someone else, especially in the financial field, DO your OWN research as well because its really hard to earn.

Also, there are a couple of mistakes in your own topic, as many of them are highlighted by the members above so I don't need to be redundant for those.
994  Economy / Trading Discussion / Re: Seeking Passive income offer with low risk on: September 06, 2023, 11:38:57 PM
Trading is not for the passive income first of all, as far you are investing a decent amount of capital in the market, this means that trading can be taken as a complete side Business setup in which if a trader educates himself and performs well, He doesn't need to be dependent on the other skills for his livings. If you really don't have time and trying to figure out the bter financial investment opportunities, rather than trading on a timeframe you should prefer BITCOIN accumulation for the long term, or Buy Hold. In this way be a side investment you can generate decent gains on every Bull market still risk involved but it can be taken care of.
995  Other / Beginners & Help / Re: Bitcoin and get rich quick syndrome on: September 06, 2023, 07:28:36 PM
The get rich quick scheme is what is leading people into traps. I think there is no get rich quick anywhere but hard work, your correct mate but this thread should be in the bitcoin discussion  

Hmm, Firstly yes the thread seems to be belonging to the Bitcoin section, Secondly, it never always leads you to traps, (Using shortcuts), as OPsaid he did the same to get rich he used a shortcut but fortunately, it was Bitcoin and now OP know almost everything about the BTC its potential, how it works and how far it can worth in near future, OP used shortcut rather than falling into POZI or TRAP he got something unexpected an investment opportunity, an experience and now He is learning about the market I think one of the best digital skill ever. Hard work can make you successful in the task which you are performing but mart work can make you rich.

Who works hard on a daily wager or Ellon Msuk, obviously a daily wager? To get rich you have to option be determined or get involved in Scams, You will be rich haha not at all preferable life should have only limited resources in which one should realize their worth having too much can lead to personality destruction. Having a lot of resources can lead you to Nowhere (it's not MCU so don't fantasize).
996  Economy / Trading Discussion / Re: Trading bots... do they work? on: September 06, 2023, 07:20:53 PM
Looking to get some real-world feedback on trading bots, the pros, the cons and the most important question... do they work?

So please, only comment below if you're actively using trading bots and how successful they are.

Which type of trading bots you are talking about, there are a few things that need to be clear before giving feedback, are you using Bots on the CEX, or using them on DEX, are you using the Bot feature provided by the platform or are you are integrating some king of 3rd party?

I can elaborate on things if you provide a set of proper details you want, In simple yes they work, at least for me they worked very well as far as I have used them, specifically, Bots are designed for special types of market situations as Etremly Volatile market and consolidating market. Also if you are thinking of trading with bots in a short time frame its highly possible you are making a mistake.
997  Economy / Service Announcements / Re: vote for bitcoin price should increase or decrease in the next week on: September 06, 2023, 06:58:54 PM
Guessing what the price will do one week to another isn’t the greatest investment strategy. It will usually result in selling at a loss or selling and missing out on huge gains to make short term profits. I’d advise those considering a Bitcoin investment to look at Bitcoin in 4 year cycles, not week to week.

Strong point sir, but there are both types of people One of them who use to invests their capital in a longer time frame as you've said for cycle to cycle or year to year, in other words, Bull run to Bull, on the same time there are few people who want the fast profits to be booked in the short period of time like from 1st-week of the entry to the 3rd or last week of the month, even on the very next week of the month using this time frame they try too book $1k to $3k if market supposedly goes I their favor.

An accumulator never chooses the short timeframes, but a trader does. For now, the market is completely following the sentiments based on the developments, The market should start picking up the line but sentiemtally still under pressure so I think more likely there we a tight range of movement for a couple of weeks, or at least for the next week.
998  Local / Other languages/locations / Re: Pakistan on: September 06, 2023, 06:32:55 PM
When will the Pakistani rupee strengthen against the dollar?

Agar app Pakistani news channel ka analysis pa bhrosa karte hoo to phir kya tension haa onke mutabik saab kuch theek ha under control haa khshi kii baat haa ka Dollar 6RS see 9 RS sasta ho gya haa magar open market maa and 1.5 RS Mehgaa ho gya in Inter ban or ye ku howa haha massom awam ko kya pata ye kya chal raha, Open maa Sasta kesse hoo gya or gar open maa sasta howa to Inter mamenhga ku howa this is one side effect of IMF. Baqi smjhdaar ko ishra kafiii haa.

Army chief hamre investment capital la rehe Paksitan good magar kese r kahan, ye interview ma ya phir yuu kahon meeting ma nai btaya orr next hours ki news maa Billions of Dollar investment ki khbrain this Paksitan maa magar some bii target gyab that.. Smjh jao haha.

So Dollar kabii stegnth lose nai kare gaa jaab take ye lotte is mulk ko control kar rehe, haan koi Allah pak ka khass karamho jaye to alag baat ku ka kia Plan ha inke pass isko control karne ka kuch bii nai.
999  Local / Other languages/locations / Re: Pakistan on: September 06, 2023, 01:54:56 PM

WalikumSalam bhi good post well Explained Twitter jas nay apna naam chnage kiya X rakha ha ya kafi achi news share ki han apnae but mary khyal sy ya in loogo ka kay kin ki Audience social media par zadya like Youtube, facebook or tiktok or wo apni audiences ko X yani twitter par lay kar ayy basically Twitter zadya trah celebrates use krti han ya pori dunya ka politician use karty han apni message apni awam mo deny ka lay

No doubt good complication step-by-step coverage but its clearly a Misguide scene, lagta haa pane post ko padha nai sirf or sirf apne tittle dekh ka reply de dia haa be responsible a little bit app abb member ya JR member nai hoo. Apko pata hona chaiye agla banda kia post share kar rah or kis hisaab see.

Osme bhai Completly galat information put forward kar rehe .. Jo video reference haa wo kuch orr baat kar raha or bhai kuch orr. Dont know why.. By mistake or something else.

Twitter nay apni subscrption blue tick 8$ ma monthly deny ka allan kiya tha but jo loogo famous han wo is way sy earning kr sakty ha hum kha humra to yazkn he ni hota YouTube sy loog lakho kam rahy ha but ham lhud pr confidence he ni ha or jo kama raha hota osy haram smjty ha ya to soch han humry Pakistani ki. Shukria

Youtube see log kama rehe kon onko galat kehta bhai galat osko kaha jata jo galat haa, Haram wo ha jo Haram hota haa, apko kabi koi nai kehe gaa Haram kama rehe agar ap really nai Haram kama rehe. Hamre Pakisani ki esi soochh nai haa kuch loog jink galat information milti wo log kuch glat statement dete nai too kisi koo kia lagee app paa ilzam trashi karee.
1000  Economy / Trading Discussion / Re: Do you expect better, but then impulsively jump into things due to FOMO? on: September 06, 2023, 06:24:35 AM
FOMO is one thing that causes some people to make mistakes while investing in crypto or trading. The remedy is that you should learn to exercise self-control and also do good research about the coin you want to trade. As a trader, you will need to learn how to analyse the market with some tech tools that can give you a predictable movement in the market, although they might not be very accurate but can help. While trading, you must not let your emotions guide you, but make sure you process your decisions very well before putting them into action.

Well most of the FOMO is faced by the long-term investors because they mostly wait for the cheap shopping and whenever they see the market sentiments are being manipulated and they can really miss this price point they suddenly force themself to the market and this is where most of them lose, for the regular traders the FOMO can be termed as a hyped opportunity where mostly people use to follow and take instant trades in the most volatile pair to generate profits in the future market, this is where they lose.

In simple words, we can classify he FOMO for investors and traders. A trader needs to be more careful with risk management and FOMO while trading because on the investor end it can be handled.
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