Latest posts of: taufik0911

if I were you I would choose which one is greater in value
for example, as you said at the beginning of buying ETH at a price of 0.03 BTC or around 300 USD then at this time the price of BTC went up so that the price of BTC against ETH would decrease for example to 0.02 or around 500 USD
You must be confused if you have to choose to change it to BTC or USD
the wrong choice is to change it to USD instead of BTC because if I change it to BTC then I lose because my initial investment is 0.03 BTC and if I change it now what I get is 0.02 BTC or a loss of 0.01 BTC then I change it to USD where the initial investment value is 300 USD and now it has become 500 USD

I think it is impossible for someone to become the richest person in the world because of bitcoin at this time
At the current price of bitcoin you need to have at least around 20 million bitcoins to match Jeff Bezos' wealth
but it is different if what you highlight is altcoins it is very possible that there are people who can become the richest people in the world because they do not depend on 1 asset

Maybe yes and maybe not depending on how interesting the meme is
but mostly I don't think so because there are very few cryptocurrency memes that become popular today

what you are talking about is digital currency not cryptocurrency so what I think is that currently many banks have issued their digital money which has fiat underlying
and slowly physical money will be replaced with digital money. This is the initial moment, that is, we are recommended to use digital money compared to physical money because of the risk of spreading the virus, then in the next few years it is possible that money will no longer have physical properties.

Quote from: hatshepsut93 on November 20, 2020, 11:55:53 PM

Quote from: NeuroticFish on November 20, 2020, 06:35:55 AM

Now I guess it would be the time for a proper discussion of what causes the mempool get so full at times.
And I blame nothing else than the arbitrage bots. I think that the mempool gets full when the price fluctuations are big.
Any idea on what could be done to prevent arbitrage bots have such a big effect?

Bots or humans, you can't stop anyone from making Bitcoin transactions and choosing whatever fee they want, that would be against the core principle of censorship resistance. Fluctuations themselves don't cause high fees, and the price action is not necessarily causing more transactions, because the coins could just never leave exchanges. Or if institutional investors are buying, then their withdraw larger amounts but maker fewer transactions.

I think that currently there are only a few transactions on blockchains and bitcoin holders use wallet exchangers for holding instead of personal wallets this makes less transactions on blockchains considering this is the perfect moment for scalping the best choice is to store bitcoin in a trusted wallet exchanger

Quote from: crossabdd on November 19, 2020, 11:27:54 PM

That's right, nothing is best for making money, unless someone studies hard. spot opportunities, learn about the future of crypto projects, and choose the best coins / tokens to hold. perform analysis on each project that you want to invest in. Because going to a large exchange is no guarantee that the project will be good in the future. keep learning and analyzing. then investing and earning.

besides that, it takes enough experience to choose a good project to follow and get a profit
without experience it is likely that we will lose a lot of profit in a short time or even lose
for beginners this might be like gambling

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Quote from: Jawhead999 on November 01, 2020, 11:51:04 PM

It depends from each projects.

You shouldn't only search the team members, you need to search the whitepaper, the coin utility, social media etc. The legit project will have many information about the project and transparent, only few project with hidden team members is legit.

yes it really depends on the development of the project not on who the team is and also on how serious the developers are in developing the project
at this time there are also many projects that do not display the profiles of their developers but have projects that have very many fans

yes you can add bitcoin to your payment option to increase purchases because there are some people who don't want to be traking transactions and feel bitcoin is safer for anonymous transactions
other than that it is easier and the bicoin rate in all countries is the same as USD or EUR whose exchange rate is different for each exchanger

This is good news that will make bitcoin have additional bullish strength and is likely to allow bitcoin to penetrate the previous ATH in 2017.
now it is only a matter of time until the time comes
not only is this a lot of good news bitcoin at this time like from paypal but I have not checked the truth and its sequel

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yes some people use bitcoin for money laundering because after entering the blockchains all transactions will become anonymous so they cannot be tracked
This is the reason some countries do not accept bitcoin as a means of payment because legally bitcoin will make it easier for many people to do money laundering and embezzlement.

Quote from: Inkdatar on November 18, 2020, 11:52:45 PM

Quote from: boredomking55 on August 20, 2020, 10:22:52 AM

Guys I haven't been here for a while and I'm wondering if Bitcoin is in a better shape than last time I checked 2 years ago.

Thanks

It's been a long time for you if it's 2 years ago. If you invest in bitcoin last 3 months ago for sure you already earned profit this time since the current price of btc is already touch above $17k. Bitcoin is in a good shape and if you observe the market it's soaring high and this means those who invest before are earning already.

and now bitcoin will break over 18k or break the previous ATH in 2017
if you buy it in 2018 then you are one of the lucky people who can get big profits
maybe at this time BTC is trying to break the resistance line and finally BTC great again

besides that in my opinion the benefit of bitcoin is a blockchain system that eliminates the financial centralization system coupled with an anonymous system that makes transactions safer
I really want to outline all the benefits of bitcoin but it will probably be very long
what is clear is that bitcoin allows everyone to transact easily and quickly and benefit from scalping without being aware of beginners

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