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May 26, 2024, 07:29:33 PM *
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1  Bitcoin / Bitcoin Discussion / Re: What if she receives Bitcoin as gift on: November 04, 2022, 04:45:05 AM
Giving bitcoin as a gift is indeed a very unique concept and she will definitely adore it. If she doesn’t have the slightest idea then I don’t think she would be much impressed. However, these days most of the people be it women or men they know about bitcoins and its specialty so you can definitely go ahead with your idea.
2  Bitcoin / Bitcoin Discussion / Re: Be Cautious and take Caution. on: August 29, 2022, 06:20:27 AM
Exactly, this is a very good piece of advice.
I’d also like to say that in case anyone has entered into this trap or scammers, or given your bank credits or wallet access information to anyone, immediately block all transactions from your account till you can report it to the cyber-crime and further trace the person behind it. If any way your bitcoin is lost, there is no way to trace it back.
3  Bitcoin / Bitcoin Discussion / Re: What if the fees aren't enough? on: June 17, 2022, 06:40:50 AM
Miners will keep mining until they stop finding bitcoins and this will, in turn, never let the bitcoin’s price stabilise. And because bitcoin’s price will keep fluctuating, traders will keep finding reasons to trade and make money.
4  Bitcoin / Bitcoin Discussion / Re: Sending Crypto to the wrong address on: June 16, 2022, 07:28:39 AM
I would say that it is a drawback of crypto transactions. If you lose your money once, there is no chance of you getting it back. You have to be really careful about your transactions. Always use the right address and accurate passwords before making a transaction.
5  Bitcoin / Bitcoin Discussion / Re: Ukraine: Zelensky signed the law "On virtual assets" today on: May 09, 2022, 05:10:58 AM
The digital asset focused outlets like cointelegraph or coindesk and other crypto exchanges and firms handling digital assets will be required to register with the government so as to operate in Ukraine and banks will also be allowed to open accounts for crypto firms.
6  Bitcoin / Bitcoin Discussion / Re: Its time to go in crypto lets leave fiat cutrency on: May 06, 2022, 04:02:53 AM
We can't get into cryptos, since cryptos are not yet used in every country in the world. Most stores and merchants don't use them yet, maybe it's because of the high price volatility, but they could use USDT as a starting point, I think it's feasible.
In my opinion, the use of crypto currencies will obviously increase in the future and at some point people will abandon fiat currencies, not completely but partially.
The war has really had a serious impact on the market, but I hope that the crypto-currency market will be revived once the war is over.



Yes thats very much correct and we need to be realistic about its usage for daily living. BTC has issues like scalability and price volatility thats why not many merchants are willing to accept this as payment method. Not to forget governments are showing zero tolerance towards its adoption because of there zero control over decentralization.
Despite all odds and opposition, BTC still has grown to reach price of 67k$ and we cant say that in future its adoption will not increase.
I totally agree! Even though there are many restrictions for the adoption of bitcoin, it has grown. And we can not anticipate how it will perform in the future. But looking at its past performance, I am very optimistic about bitcoin.
7  Other / Off-topic / Re: What is the last movie you watched? on: March 21, 2022, 07:12:32 AM
Don’t look up!

I watched it because a friend told me that it’s controversial. Great acting! Some parts were excellent, and some were cringy. 7/10.
8  Other / Off-topic / Re: Do you Smoke? on: February 18, 2022, 05:05:35 AM
Other than giving you cancer, smoking cigarettes or weed can make you age faster. Look at Snoop Dog!. The dude is 50, but he looks 10-15 years older because he smokes a lot.
9  Other / Off-topic / Re: Do you drink alcohol? on: February 18, 2022, 04:41:05 AM
No, I don’t drink. However, I don’t mind having a few drinks in the company of friends or loved ones.
10  Economy / Trading Discussion / Re: how to trade btc without kyc on: February 16, 2022, 11:37:18 AM
You can try coinexx. You can set up your account by providing basic information.
11  Other / Off-topic / Re: what is your phone type on: February 15, 2022, 05:10:42 AM
I’m an Android lover. I have been using Samsung phones for a while. They’re good.
12  Other / Off-topic / Re: Pineapple on pizza? on: February 14, 2022, 07:49:30 AM
That’s a strange combo, but I don’t mind giving it a go. Thanks!
13  Bitcoin / Bitcoin Discussion / Re: Kazakhstan proposes power price hikes and taxes targeting crypto miners on: February 10, 2022, 05:49:00 AM
A lot of countries are imposing new taxes on crypto currencies. This may hurt the spirit of crypto enthusiasts. I think governments should think of crypto currency in an opportunistic way rather than treating it as an income generation.
14  Bitcoin / Bitcoin Discussion / Re: I gave 100$ of Bitcoin to my elder brother as a gift on: February 10, 2022, 05:42:27 AM
I would say it is in fact a smart decision to gift your loved ones bitcoin. As now he is aware of the basics, he can use it to earn more profits. You have clearly shown him a good path for his future endeavours.
15  Bitcoin / Bitcoin Discussion / Re: Bitcoin theft and mobile phone on: February 09, 2022, 06:24:32 AM
It is becoming important with every passing day to find a secure solution for crypto storage. Even physical storage cannot be secure in such incidents. I hope someone comes up with a way to fix this problem as soon as possible.
16  Bitcoin / Bitcoin Discussion / Re: "Only invest an amount you can afford to lose" on: February 09, 2022, 06:15:50 AM
Although many people believe that bitcoin is not risky and is a good investment option, it is important to only invest an amount that you can be fine with if lost because bitcoin is still not legalised and has a good chance of going down.
17  Economy / Trading Discussion / Re: Trade-in between the lines on: February 09, 2022, 06:01:32 AM
A successful trader would not have to share anything with you for money. The trader would already have enough money to not work. Everybody who presents themselves as a successful trader and tries to sell you something is just a trader who is able to make some profits but nothing substantial for a living.
18  Bitcoin / Bitcoin Discussion / Re: School Students learning bitcoin basics in Slovakia.. on: February 08, 2022, 05:22:00 AM
I think it would be better to teach students about trading rather than teaching them about a single crypto. If they learn trading at such a young age, they will surely be making enough profits to pay all their bills when they go for higher studies.
19  Bitcoin / Bitcoin Discussion / Re: How will u feel if d price of 1BTC exceeds $1m by 2030 as its made legal tender on: February 07, 2022, 08:31:20 AM
I would still feel that I should have bought it in its very early stages. So, rather than feeling low for my mistake, I try to buy the new cryptos as soon as I am able to fundamentally review it.
20  Bitcoin / Bitcoin Discussion / Re: Fear is not Real. on: February 07, 2022, 07:05:25 AM
~
A person will have fear at any level, even now when bitcoin is not worth 68,000, but 38000, people are still afraid that it may fall lower. And if the price will be 20k, the person will still have the same fear. But I agree with you that the exit point should be determined at the stage of buying a coin. Greed is perhaps an even more terrible enemy of people than fear.

I absolutely agree with you. I mean, it's not "perhaps", greed is definitely much worse than fear. You might not earn big profits because of your fear, but because of your greed you can lose everything you have. I think it would be right to say, "Don't be afraid of holding when it's crashing big time", but it would right only if the amount invested was not that significant for you.

Right! Fear won’t let you lose what you have but greed will surely. At the time when the market is crashing down, it is important to be patient and hold the position. Looking at the past behaviours of the market will dip but also rise significantly. 

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