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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin investment, fulltime endeavor or side hustle? on: May 22, 2023, 03:10:41 AM
Depending on your personal circumstances and risk tolerance, you should fully understand the bitcoin market and investment risks before making a decision.
If you already have certain experience and knowledge, are able to make effective investment decisions, and are willing to devote more time and energy to Bitcoin investment, then you can choose to invest full-time.
2  Other / Meta / Re: Bitcointalk Youtube channel - what would you like to see? on: December 15, 2021, 03:54:37 AM
I want to get to know the big guys in the forum through videos. I hope you will show it to everyone more three-dimensionally
3  Bitcoin / Bitcoin Discussion / Re: What if governments make Bitcoin centralized? on: December 15, 2021, 03:52:02 AM
I feel that this problem is just a joke. Is it boring to face and talk about an impossible thing? Bitcoin has only two paths, one is free development and the other is collapse. There will be no government control. If so, Bitcoin would not be Bitcoin. It doesn't make much sense. If you have enough time, it is better to improve your knowledge and study hard. The digital world is changing very quickly. Grin
4  Other / Meta / Re: What is the main reason you don't come to this website more often? on: September 27, 2021, 06:07:20 AM
For me, it may be because the experience of using a mobile device to access the website is very poor, and I cannot browse the content of the webpage on my mobile phone as often as I can watch other apps. But compared to the practical level, I prefer the content of the forum, which is a rare place to learn Bitcoin knowledge. The content and knowledge attract me to use the computer to communicate in the forum as soon as I have time.
5  Bitcoin / Bitcoin Discussion / Re: I did not expect the Chinese government to promote the rise of decentralization on: September 27, 2021, 05:45:04 AM
I am tired of seeing FUD news in China. I would like to suggest that the forum set up a discussion area called China FUD for everyone to discuss, instead of seeing the same thing happen in the Bitcoin discussion section. Personally, if China completely bans Bitcoin, I will cheer, not only because I can buy cryptocurrencies at lower prices, but also because I am happy to see an important step towards Bitcoin's decentralization.
6  Economy / Economics / Re: knowledge and Capital which is Very important in Business or Investment? on: September 27, 2021, 05:14:07 AM
Compared with capital, I think knowledge is more important. For a person who does not have a certain knowledge reserve, maybe he can make money by luck, but due to lack of strength, he will be harvested by the market. People with knowledge will have a more stable job and a more stable cash flow to support investment, and their wealth will continue to increase in the long run. In the past year, I have seen countless people making money in altcoins like shib, but facing huge losses because they want to buy the next skyrocketing currency.
7  Economy / Economics / Re: Boost of a countries economy on: September 27, 2021, 04:32:36 AM
To be honest, when it comes to national economic development, it is best to learn from China. China's development 100 years ago lags far behind the world, no matter what policy or political system it adopted, today it has become a force that can influence the world. China’s development relies on a centralized democracy. Thanks to the government’s powerful control, China has to survive in the face of major crises such as COIVD-19.
8  Economy / Economics / Re: If you can get paid through cryptocurrency, do you still choose fiat currency? on: September 27, 2021, 04:21:20 AM
Personally, I don't agree with the boss's use of cryptocurrency as salary, which will make me lose the flexibility of assets. Since the price of cryptocurrency is not as stable as fiat currency, salary is a necessity to maintain daily life. If the price of cryptocurrency drops when I need to buy daily necessities, it will inevitably make me suffer losses. On the other hand, there are many channels for buying cryptocurrency. I can choose the appropriate funds to buy cryptocurrency at the right time according to my own investment plan. Using cryptocurrency as a salary will reduce the flexibility of my assets.
9  Economy / Economics / Re: China Is making Fuds Since 2017, But BTC Always Gone higher on: September 27, 2021, 04:06:06 AM
If you followed the price of Bitcoin, you would not make similar remarks. Due to the sell-off triggered by China's FUD, the price of Bitcoin fell below $30,000 in May. However, in the face of stronger policy suppression this time, its price is still above US$40,000. It can be seen that the influence of Chinese policies on Bitcoin is getting smaller and smaller, which is an important step for Bitcoin to achieve complete decentralization.
10  Economy / Economics / Re: Bitcoin slumps as China bans all cryptocurrency transactions on: September 26, 2021, 08:56:56 AM
The FUD issued by the Chinese government last time caused the price of Bitcoin to fall below 30,000, and when more favorable documents were issued, Bitcoin steadily defended the $40,000 line of defense. I am very happy to see that the de-Chineseization of Bitcoin has been successful.
11  Economy / Economics / Re: Cryptocurrency: The Future of Finance in a New World Order? on: September 26, 2021, 08:47:36 AM
Bitcoin is not only a new form of currency, but also a new idea and concept. Bitcoin not only symbolizes wealth, but also symbolizes the spirit of freedom, the spirit of complete independence and freedom that is not supervised by the central authority. Every Bitcoin holder is a supporter of decentralization, and even a supporter of the communist world. This is the power that Bitcoin and blockchain bring.
12  Economy / Economics / Re: Money and wealth as the major religions in world. on: September 26, 2021, 08:39:35 AM
I don't think so. Religion represents a belief, and money is just a pursuit in people's lives. I think you must have never been to Mecca. I am not a Muslim, but I was shocked when I saw thousands of Muslims praying in Mecca. No matter what their status is, whether they are rich or not, everyone prays to their God equally. This is religion. And money is only the most basic pursuit of mankind, far from being worthy of being compared with religion.
13  Economy / Economics / Re: Our Dear Bitcoin and its price movement. on: September 26, 2021, 08:29:18 AM
With the advent of China's policy, it is still difficult for the price of Bitcoin to rebound quickly. Recent news that is not conducive to Bitcoin has caused many Chinese to sell Bitcoin. This is the fundamental reason why its price cannot rise. At the same time, due to restrictions on exchanges in China, the channels for converting fiat currencies into stable currencies such as USDT are limited. The decrease in incremental funds in the market is also one of the reasons why the price of Bitcoin cannot rise.
14  Economy / Economics / Re: A poll in the USA to accept crypto as a legal payment on: September 26, 2021, 08:20:54 AM
It should be said that for the United States, there has never been an obvious hostility or opposition to cryptocurrencies like China. As far as I know, the number of U.S. merchants that support Bitcoin payments continues to increase. This will be a trend in the future, and merchants that support Bitcoin payments will earn more profits.
15  Economy / Economics / Re: Two basic things that can give you an advantage on: September 26, 2021, 08:07:59 AM
Personally, I chose UNI DOT and FTM as the investment targets. Even after the sharp drop in May, I still hold and continue to buy. For most people, it is difficult to accept the face of a substantial decline in assets. However, if you are confident in the future market, insist on buying and add additional purchases in the event of a sharp drop. It is the best choice.
16  Economy / Economics / Re: El Salvador Bitcoin payment option on: September 26, 2021, 07:58:13 AM
Very scientific design, even for El Salvador, it is difficult for all citizens to immediately and unconditionally support Bitcoin. In this way, Bitcoin's related operations can be popularized, and people who are more inclined to the US dollar will not be forced to hold Bitcoin.

As the first country to use Bitcoin as legal tender, El Salvador’s policy will be the subject of research in other countries in the future. I very much approve of this proposal by El Salvador.
17  Economy / Economics / Re: CHINA Banning bitcoin: PBOC Says All Crypto-Related Transactions Are Illegal on: September 26, 2021, 07:47:21 AM
Congratulations on the completion of the de-Chineseization of Bitcoin. In the past few months, I have become tired of reading China’s news about Bitcoin. Whenever there is China in the title, I know that it will have a certain impact on the price of Bitcoin.

I especially hope that China will completely ban Bitcoin. As far as I know, China originally owned the vast majority of Bitcoin mining machines, which made me always worry about facing 51% attacks. However, China has now banned mining and various currency issuances, hoping to buy cheaper bitcoins from the Chinese.
18  Economy / Economics / Re: Future economic fear of the rich and poor. on: September 26, 2021, 07:35:13 AM
There is no doubt that the rich will lose more wealth in the face of an economic crisis. For the rich, they may face bankruptcy or reduce their quality of life. But these people often control their own industries or companies. Compared to them, the unemployed poor are even more miserable.

In fact, for most people, owning their own lives is more joyful than assuming wealth.
19  Economy / Economics / Re: Ways to avoid being scammed!!! on: September 26, 2021, 07:26:04 AM
Thank you very much for sharing. Since this is a Bitcoin forum, I would like to say a few points how to avoid being deceived in the blockchain.

1. If you have the ability, it is best to understand the code, which is the core of all blockchain projects.
2. The official website of the project is an important indicator. A high-quality official website is more trustworthy than a Twitter with many fans.
3. Learn to check the number of currency holding addresses and positions on the website, which can help you better avoid Ponzi schemes.
20  Bitcoin / Bitcoin Discussion / Re: The First Bank In Mexico Is About to Start Accepting Bitcoin on: June 29, 2021, 09:34:54 AM
I sounds great on paper but you gotta have context about the people involved in this case
RSP is looking for ways to give the middle finger to AMLO, Mexico's current president, and find ways to offshore his taxes plus money laundering. Last year he got under huge pressure to pay an outstanding debt to the Mexican Treasury, and hes the kind of guy who's really to hold a grudge.
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