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1  Bitcoin / Bitcoin Discussion / Re: What Do you think Satoshi Would Think About Today's Bitcoin? on: September 21, 2023, 04:01:51 PM
At first glance, it is impossible to say with certainty what Satoshi would think of the current development of the cryptocurrency.  Furthermore, Satoshi passed away in 2010 and has not revealed his identity or his personal opinion on the future of Bitcoin.  However, in my opinion, Satoshi was probably pleased to see that Bitcoin had achieved a certain level of global acceptance and withstood various challenges over the years.  Not everything is rosy, but honestly it's something I would be absolutely happy about.  And it's worth noting that Satoshi may also have had concerns about excessive speculation, price volatility, and centralization in the cryptocurrency space.
2  Local / Español (Spanish) / Operación Blockchain: Chile Desmantela Red de Narcotraficantes Minadores de BTC on: September 20, 2023, 10:52:36 PM
Me acabo de enontrar esta gran noticia que, la verdad para los chilenos debe ser un gran logro en cuanto a la delincuencia cripto o narco, la noticia dicta lo siguiente:
Quote
En un operativo de la policía chilena fue confiscada una granja de 10 mineros de Bitcoin que operaban en un escondite de un grupo de narcotraficantes.
Esta noticia me pareció muy alentadora; honestamente noticias de este nivel, demuestran la adaptabilidad y amplitud de los esfuerzos policiales en la lucha contra la actividad ilegal. Es alentador ver al gobierno tomando medidas proactivas para encontrar y cerrar estas empresas criminales que abusan de su "poder ilegal".

Segun la fuente:
Quote
Se trata de un hecho inédito, nunca antes visto en Chile, dicen las autoridades.
La verdad es que el hecho de que las autoridades chilenas hayan tomado el control de una granja minera de Bitcoin que operaba dentro de un escondite del narcotráfico es algo que de verdad es interesante.
Demuestra cómo las tecnologías de vanguardia, como las criptomonedas y la minería de Bitcoin, se utilizan en contextos criminales de maneras cada vez más creativas.

Segun Eduardo Gatica, quien es el jefe de la brigada antinarcoticos:
Quote
"Es la primera vez que se vincula de manera tan directa el tráfico de drogas con la minería de criptomonedas. Esto no había ocurrido antes en el país”

En mi opinion, esta situación destaca la importancia de una regulación efectiva y una supervisión adecuada en el espacio de las criptomonedas para prevenir su mal uso y proteger a la sociedad de actividades delictivas. Además, muestra la necesidad de que las fuerzas del orden estén actualizadas y capacitadas para enfrentar las nuevas tendencias en el mundo del crimen. ¿Que opinan ustedes colegas?, los leo.

Fuente:https://www.criptonoticias.com/seguridad-bitcoin/chile-detiene-grupo-narcotraficantes-mineria-bitcoin/
3  Local / Español (Spanish) / Re: ¿Que tan legales son los Mixers? on: September 18, 2023, 08:54:17 PM
La verdad es un tema algo complicado, ya  que depende en gran medida de la situación y de lo apropiado de sus acciones, por ejemplo, si los contrabandistas que combinan o anonimizan transacciones de criptomonedas, pueden ser considerados cómplices.

Sin embargo, en algunas circunstancias, los piratas informáticos y los delincuentes también pueden utilizar mezcladores para ocultar pruebas de transacciones ilegales, como el pago de rescates por ransomware o la compra de bienes ilegales en el mercado negro.  Leyendo algunos articulos se dice que el Mixer no es tan ilegal, todo depende de tu propia resposabilidad.

En la siguiente cita nos dicta que:
Quote
Pues no, la mayoría de los usuarios que emplean los servicios de un Coin Mixer lo hacen por motivos de privacidad y no por ocultar actos ilegales.

Dicha informacion la obtuve de: https://academy.bit2me.com/que-es-un-mixer/#:~:text=%C2%BFLos%20Coin%20Mixer%20son%20ilegales,no%20por%20ocultar%20actos%20ilegales.
4  Local / Español (Spanish) / Re: Nicaragua Bitcoin on: September 16, 2023, 06:09:05 PM
No sé mucho sobre Nicaragua ni cómo son las cosas con las criptomonedas allí, pero es importante realizar una investigación exhaustiva, pensar detenidamente sobre sus objetivos financieros y evaluar su nivel de tolerancia antes de invertir en Bitcoin en cualquier lugar, ya sea Nicaragua o cualquier otro lugar. Es muy político, como han señalado mis colegas en los comentarios.
5  Local / Español (Spanish) / Re: Nueva crypto estafa a través de Likes on: September 15, 2023, 04:48:15 PM
Interesante noticia y realmente de gran ayuda para que la comunidad esté más alerta, es una pena que las estafas en el mundo de las criptomonedas lamentablemente sean muy comunes y evolucionan constantemente a medida que los estafadores buscan nuevas formas de engañar a las personas.

Sin embargo, la táctica de utilizar "Me gusta" para promocionar una criptomoneda o un proyecto es sólo una de las muchas estrategias que los estafadores pueden utilizar para atraer víctimas potenciales. De hecho, hay noticias que también encontré sobre este tipo de estafas las cuales puedes ver aquí: https://eltiempolatino.com/2023/03/17/nacional/cuidado-con-la-oferta-de-dinero-a-cambio-de-likes-en-redes-sociales-del-sitio-megustamoney-es-un-intento-de-fraude-digital/, pero bueno, sinceramente en mi opinión sobre esto es que hay que tener mucho cuidado.
6  Local / Español (Spanish) / Re: Cada vez menos Bitcoins en los exchanges. (+encuesta) on: September 14, 2023, 06:34:29 PM
Interesante noticia, la verdad sobre la disminución de la cantidad de Bitcoins en los exchanges centralizados es un fenómeno interesante y puede interpretarse de diferentes maneras según el contexto y las razones detrás de esta tendencia, bien puede ser debido a la madurez del mercado, mayor  adopción o incluso seguimiento de datos, etc. Como dije, es un fenómeno que puede tener múltiples explicaciones.
7  Economy / Services / Re: [OPEN] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $130/w | GREEN ZONE on: August 06, 2023, 10:23:16 PM
Current number of post (Including this one): 151
Rank: Member
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Merit earned in the last 120 days: 4
8  Bitcoin / Bitcoin Discussion / Re: Does cryptocurrency actually solve any problems? on: August 03, 2023, 12:36:13 AM
Been asked a couple of times, what problems does cryptocurrency solve, and what’s its unique value proposition compared to other cryptocurrencies or traditional financial systems.  Would love any other users take on this ..

Of course BTC solves problems… while it may not address all of the world's economic problems, it certainly has value and advantages. Decentralization in finance is one example. Some communities in some nations have restrictions to use traditional banking services. Take Venezuela as an example, where people frequently face withdrawal restrictions due to a lack of cash in banks as a result of the country's economic devaluation, which has forced residents to seek other, more stable currencies (Colombian peso or US dollar). ). In this context, cryptocurrencies can give people financial access by allowing them to engage in transactions and services without relying on conventional intermediaries and without restrictions, and that would be another point. In addition, BITCOIN and cryptocurrencies can help people carry out such transactions not only locally or nationally, but also quickly internationally. This can be especially useful in cases of money transfers where people send money to their relatives in abroad. As if that were not enough, security is another advantage, since this technology guarantees the security of transactions and movements simultaneously. that safeguards the privacy of users. In a world where privacy is a growing concern in the digital sphere, proving useful and again solving a problem.
9  Bitcoin / Bitcoin Discussion / Re: Just Another Good Source Of Motivation For You ... on: July 29, 2023, 03:42:46 PM
     Like many here, that comment caught my attention because it is true... but one factor that we do not take into account is that, not everyone has the financial means to invest in cryptocurrencies, especially if the person has difficulties to cover their most basic expenses, such as food and services, because not everyone has the joy of spending $100 or $200 on food. With that in mind due to those kinds of financial constraints, it would be a challenge to get into the world of investing with BTC. unlike those who have a solid financial footing and can afford to put more money into investments. Since There is the possibility of obtaining considerable profits in the future, although the profits may vary.
     In my opinion, I think it is of the utmost importance to carefully assess the financial situation we currently find ourselves in before entering the world of BTC or cryptocurrencies in general. If our resources are limited, it might be wiser to look for additional income streams that allow us to save enough money to invest in the market while taking into account our risk tolerance, among other important factors.
10  Other / Archival / Re: How to manage bitcoin correctly? on: July 28, 2023, 10:59:29 PM
When BTC reached $69000. I didn't choose to sell it. but the current price of Bitcoin dropped to less than $30000. Is it the most reasonable choice to sell BTC now and turn your attention to other investments? I hope to get some good suggestions. Although I have held BTC for many years. I am not good at management.

I believe that, before making any decision related to the management of your Bitcoin investment, it is essential to carefully analyze your financial situation, your objectives and, above all, your risk tolerance. Taking this action demonstrates prudence and responsibility. In addition, the fact that you are considering tips and seeking advice from others to improve your financial knowledge is an advantage, as it will allow you to gain valuable experience to make sounder decisions and maximize the potential of your investments. Always remember that thoughtful and careful management is key to achieving long-term success in the world of cryptocurrencies and investments in general.

11  Bitcoin / Bitcoin Discussion / Re: My easy way to teach your kids bitcoin. on: July 25, 2023, 05:06:20 PM
From my point of view, introducing children to learning about Bitcoin can be an interesting and enriching idea, as long as it is done appropriately and adapted to their level of understanding.

it's a good idea? Of course it's a good idea. First of all, teaching them about Bitcoin encourages critical thinking and curiosity, since it is a subject that involves technical and financial aspects (in this case, since they are children, it would be a good idea not to inform them in such a technical way, but rather in a more creative, simpler way). It can also inspire interest in technology and innovation, which could spur future careers in fields related to cryptography and computing.

it's complicated? I would say yes, since it is due to many factors, such as their mental maturity, I think that teaching children about Bitcoin will depend on how the information is presented, which is why certain strategies must be used to attract their attention. adapting the content to their level of understanding and presenting it in a playful and accessible way. using visual methods as mentioned above (cartoons) or also interactive games to facilitate learning.
12  Bitcoin / Bitcoin Discussion / Re: Avoid Procrastination, Buy Bitcoin And Prepare For The Next Halving. on: July 24, 2023, 04:19:40 PM
Bitcoin is an opportunity of a lifetime, rather than an opportunity of every 4 years because, even though it is likely that the 4 year cycle is going to continue to contribute to UPwards price pressures on BTC, there is no guarantees that bitcoin's price is going to perform in alignment with such halvening cycles...

Yet, at the same time, it seems that historically the longer that anyone invests into bitcoin, the better off that they are likely to be.. so in those kinds of terms, the expression "it's time in the market, NOT timing the market" seems to be very applicable to the bitcoin space.
I don't know about the others but I find it easy to buy bitcoins at low prices and can continue to live my life at a normal rate because I have multiple sources of income. Others are still in doubt about their potential financial growth with bitcoins and they are still pending their decision to buy bitcoins because they thought they might not get their capital if the price will decrease again. Well! these things are not new to us because we've been to their place before and most of us took time to consider investing for the first time the result is mostly positive because we also took our time to research and to know what the right thing to do is before buying bitcoins.

     Not all people find investing easy, more than all those who tend to be affected are those who are new to this world, I would say that a sensible strategy for those interested in investing in Bitcoin is to recognize the uncertainty that surrounds the behavior of the price. Although there is hope that the price will decrease to facilitate a cheaper entry, it is also plausible that the price rate will continue to increase, which may lead to delaying the investment or acquiring Bitcoin at a higher price. As I said before, this scenario tends to affect newbies who, eager to invest without proper knowledge, can fall into speculative traps. For that reason I always say that people, especially those new to the crypto world, focus on educating themselves thoroughly about Bitcoin from its inception. Detailed knowledge about this unique asset can prevent procrastination and enable strategic moves at key moments.

I think that this has happened to all of us at some point and the fear that losing can cause is perfectly understood, but in crucial situations, it is vital to make bold decisions and get out of our comfort zone, to the point that at some point we will learn to see opportunities where others do not. As for the Bitcoin halving benchmark, I think it is a good time to experiment and take advantage of the opportunities for profit. If we never dare to take calculated risks, we will never know if we have chosen the right path.
13  Bitcoin / Bitcoin Discussion / Re: Farmer's Bitcoin Investment on: July 22, 2023, 11:42:34 PM
I am glad to see a farmer turning into a Bitcoin investor but I believe you need to learn some fundamental aspects of BTC and the beauty of its technology which I believe is what you need to fall in love with not the chance of earning money through BTC.
Having said that, the best profit in BTC is made if hold for the long-term, not the type of investment you accumulate when dip and sell everything when it's ATH price.
For sure there is no limit to who can use or invest in Bitcoin, indeed Bitcoin is for all, and farmers are not excluded.

In real life, I am a farmer.  Working all day on the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about Bitcoin, and his friend told him details about Bitcoin.
 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
There Op,  ensure you undergo the proper learning process so you get to understand Bitcoin better and invest wisely because you are dealing with a volatile market, which means you may buy today, and tomorrow the market is down.
Lastly, patience is the key to achieving success with your investment in Bitcoin,  don't invest and expect to get rich tomorrow, therefore buy and Hodl.

I agree with you that it is not necessary to know everything beforehand, as mistakes also teach us valuable lessons and you can always try again until you succeed. However, I think it is advisable to review the world of cryptocurrencies, especially in the case of Bitcoin, to have a solid foundation before investing or participating in this market.

Of course, if you enter without any knowledge, there is no problem, on the contrary, everything must be seen in a positive way, since although errors are learning opportunities, a review of, at least:

*how the cryptocurrency market works
*The volatility
*when to invest or sell
*Consider your level of risk and the amount to invest, among other aspects.

I think this would help you make more informed decisions and increase your chances of success in the exciting world of cryptocurrencies, believe me that this world opens the doors to a world of possibilities... Good post friend
14  Bitcoin / Bitcoin Discussion / Re: How to know a good bitcoin investors! on: July 21, 2023, 11:42:09 PM
[edited out]
Yes, it's not possible anymore, but I'm sure that many of them do this kind of thing, there are several reasons, one of which is because they panic, and what we see a lot of is from those who are already from the beginning to take advantage in a short time, and they keep doing it. They still get benefits, but in this case there are things they might miss, namely when suddenly bitcoin moves up they will be a little behind.
I prefer those who sell bitcoin because their original intention was only to take advantage of a short rise, rather than those who panic because some people say that bitcoin might touch a price lower than the lowest price bitcoin reached some time ago. I have seen some of them saying that bitcoin will hit 12k or lower, like you said, so they decided to sell their bitcoin because they want to get the lowest price. Not wrong, but if we prepare from the beginning for that possibility, we don't have to sell bitcoin quickly, because of course with careful preparation we will be prepared to buy back bitcoin at the lowest price. Most people like that are not committed to what they planned at the beginning.

Yes, each person has to choose their own path, and the reasons for the sales might NOT always be the same in terms of how much they actually know about bitcoin or how much commitment that they have in regards to bitcoin as a long term investment, so sometimes they will create various entrance and exit strategies (price points), so they might not even be panicking in regards to carrying out their plan.. but they still might not be as informed about bitcoin as they believe that they are...

and I am not even suggesting that any of us really know where the BTC price is going to go, even though at the same time, it seems to me to be better to prepare for considerable upside scenarios, even if we might not believe the BTC price to go there.

very good contribution, In my opinion, identifying a good Bitcoin investor implies considering characteristics such as persistence, self-discipline and a deep knowledge of how Bitcoin works.
These qualities are essential to succeed in this world. Although investing in BTC or cryptocurrency in general is not a fast track to getting rich, it can be profitable with a long-term perspective and well-informed decisions. and above all, recognize the inherent risk and not panic and make a move that harms the investor, due to the high volatility in this type of investment. Therefore, I would recommend investing only the money that you can afford to lose. A good additional piece of advice would be to have a job with a stable income that is not affected by investments, to avoid compromised financial situations.
15  Economy / Services / Re: [OPEN] l0tt0.com - Signature Campaign | Sr. Members+ | Up to $4 per post on: July 21, 2023, 03:18:34 AM
Username: TheGhostMan
Rank: Member
Current number of posts: 143
Bitcoin Address: bc1q9vllyfkxeqetyjx7kqlq2qjwkpugu56sepnyv2
When can you start: Instantly after acceptance
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Bull/Bear Market Which Do you Prefer? on: July 20, 2023, 11:00:14 PM
`~snip~~

When people invest in Bitcoin they always expect bull market for their profit. Percentage wise almost most people go for bitcoin bull market which will give them huge profit. But there are people who prefer bear markets to buy and hold bitcoins in their wallets looking for bear markets. I always like bull market because then the market is always moving in a good position which will give me good profit. Many times it is seen that when the price of Bitcoin is in a good position, there is no possibility of risk and no shortage of money. But I also think it's a good idea to invest in Bitcoin when the Bitcoin market is in a bear market. Investing in bitcoins from the bear market and waiting until the bull market will give me a great profit. But most people prefer bull market over bear market and they always research when bull market will happen.

          Both the bull market and the bear market are fundamental, and at different times, people tend to show a preference for one or the other. Why do I say "at a certain time"? To explain it simply and concisely...

When a person seeks to increase his investment and has no interest in long-term investments, what he least wants at that moment is for the market to enter a bearish phase, since this could mean losses in his investment. At that point, that person would prefer a bull market. On the other hand, some investors eagerly wait for a bear market to buy at lower prices and then patiently wait for the bull market to improve their investment.

Both markets are important and indispensable at certain times and it is up to you how to know how to take advantage of these moments and see opportunities where others do not.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Which cryptocurrency comes close to bitcoin? on: July 18, 2023, 07:11:44 PM
Where could I store my assets in an emergency if there are no more bitcoins?

Friend, I honestly do not understand this point, but let me explain why we are here and I hope I am not wrong, Bitcoin will never cease to exist, it will always be present... why? Well, basically the BTC is limited to 21 million, and this feature makes it unique and valuable. As people continue to mine new bitcoins, they are added to the total supply, but there will come a time in the future when that 21 million limit is reached and no more will be created at this point. However, this does not mean that bitcoins will disappear or as you say "if there are no more Bitcoins". Existing bitcoins will continue to be available for use and transaction. Also, because a bitcoin is divisible into many smaller units called satoshis, there will always be enough to carry out smaller value transactions.

Here I leave a source so you can investigate a little more:: https://www.blockchain-council.org/cryptocurrency/how-many-bitcoins-are-left/#:~:text=As%20we%20already%20know%2C%20one,bitcoins%20have%20already%20been%20mined.

Now in that case, and we all end up being wrong and you end up being right, one day suddenly Booom "the Bitcoins disappeared", I would recommend having a well thought out backup plan to make sure that your assets are protected. For example, you could choose to use hardware wallets or invest in another cryptocurrency that has potential or matches BTC (assuming its value doesn't drop extremely "because there's no BTC")
18  Bitcoin / Bitcoin Discussion / Re: Beginners, you don't need Bitcoin first on: July 18, 2023, 06:25:28 PM
I have read some interesting stories of few members on this forum that did all they could to buy their first set of BTC years ago and also how they made it through the journey, but one thing that I found missing from those stories is a secured job..

Newbies or Beginners, who are aiming to start buying Bitcoin for future sakes, I want you to take this advice very seriously, do not start your Bitcoin investment living under a roof that still feeds you, it could work but it will make things to be more difficult for you.

When you don't have anything else to fall back on, after asking your brothers or sisters in the family to give you some money for investment, what will you do when you get the Bitcoin? You need to live, you will have desires to buy things, and you will panic if the market move downside even more..

All this will happen because you have no job secured, as a beginner, before investing in Bitcoin, make sure you have a job or source of income, it will make the journey of accumulation to be easier and less bothered about the market behavior.

Pocket money, or the money that someone gives you will only bring you unrest mind if you plan to invest with such money,  it's the type of money you are not ready to lose, because it's all you have, because you have no other money coming from else where.

You don't need Bitcoin first, What you need is a JOB, work on that first.

     I agree with the advice and more when talking about a person who lives under the same roof, let's say that family and the only "source of income" is the money that their parents give them. Before investing in any asset, including Bitcoin or other cryptocurrencies, it is essential to have a solid financial foundation and a reliable source of income. Market volatility is significant and thinking about investing with borrowed money, without a stable financial footing, can be more risky and stressful. This not only implies monetary losses, but also loss of confidence in those who gave you the loan, and may even trigger conflicts.

On the other hand, if you have a secure source of income and you are determined to invest in BTC, you assume the risks responsibly. If you were to lose, it will be your money and you will not have to explain yourself to anyone. You can get up and move on to seek profit. Good post, friend.
19  Bitcoin / Bitcoin Discussion / Re: Why local currencies when there is bitcoin ? on: July 17, 2023, 11:35:48 PM
I don't know what it is in other countries but in France there are local currencies, about 80.

Quote
Although it is difficult to determine an exact number, it is estimated that there are about 80 on French territory. Through a social, environmental, local or even regional objective, their interest is to convey the values ​​that conventional currencies no longer embody today, and this movement is arousing growing enthusiasm if we are to believe a report by the Sol Movement , which oversees local currencies at the national level, published in early 2021. ID offers you a non-exhaustive list of local currencies in circulation by region, as well as an evolving map.

A friend was bragging to me about the merits of her local currency, but I wonder what's the point since we have bitcoin? Bitcoin which obviously includes the world population. I did not really understand the objectives of these local currencies, I was wondering if local currencies existed in other countries and if people understood the interest of these local currencies which seem to undergo inflation like the fiats.

So I assume you mean fiat then local currencies is more useful since they are well accepted in anywhere you go on your locality compare with bitcoins. I get your point about bitcoin but reality bitcoin is not well oiled up so we cannot use it anywhere for now and most of the time we can only transact this via online transaction and to person who use it. Not everyone use bitcoin so there's limited usage of it that's why many choose to use their local currency since this is more convenient to them.

Each person is free to select the "economy" in which they want to live. In my opinion, most people prefer local currencies because they are more mainstream and common. The "security" they provide is, the main reason for this, among other things. Because they are backed by institutions in a particular nation or region, these currencies provide a certain level of stability compared to volatile cryptocurrencies like Bitcoin, making them a good choice for people looking to avoid volatility and maintain your money safe.

Bitcoin may not be a good fit for everyone... But for those investors and people who are looking for better financial opportunities, Bitcoin is, in my opinion, more suitable. Due to the fact that it is a decentralized cryptocurrency, it is not governed by any central authority, which may be attractive to those seeking greater financial independence. Even so, some people are attracted to this cryptoactive due to its high volatility, allowing them to invest and with knowledge on the subject, analysis and a lot of patience, generate significant income.
20  Other / Beginners & Help / Re: How to grow the bitcoin you have? on: July 15, 2023, 04:35:11 PM
How to grow the bitcoin you have without being involved in gambling or putting it in a custody wallet for APY. Is there any proven low risk method.
          I feel that there are no other ways to grow our BTC other than in the traditional ways, the first and main thing to grow our BTC is education and discipline. It is not only about investing money or cryptocurrencies, I also know about investing time in educating ourselves about the cryptocurrency market, analyzing trends and understanding Bitcoin as much as possible. The more knowledge the better and more prepared we will be to take advantage of opportunities and make strategic decisions.
investing time in educating ourselves on this subject opens the door to other ways to grow our BTC, as many colleagues mentioned before it is the classic and more "safe" one that consists of keeping your Bitcoins saved for a long term and over time with a little patience you could benefit from potential price increases, this is known in our community as "HODL". and on the other hand there are also loans, mining and others that are more risky than Trading... but always keep in mind that regardless of the option you take there will always be a risk.
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