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1141  Other / Archival / Re: No panic while holding my Bitcoin on: June 19, 2023, 06:16:31 AM
~
This and many more is the reason behind my current confidence in Bitcoin's ability never to let me lose if I hold for a long time.
Indeed knowledge is power, because knowledge can save you when money failed, because knowledge failure is a lifetime problem but money failure in terms of investment is temporally and if I wait I will soon be in profit again very soon, that is what past records have shown and proven.
Knowledge without action is still a fail. It's good that you researched anything that you need, and at the same time you made some action by buying Bitcoins.
There are some out there who are just researching, learning Bitcoin, but months after learning, they didn't made any action to buy Bitcoins. Maybe because they still don't have the money, or they don't have the confidence to do it etc.

I guess just by looking at the price history of Bitcoin, you can already see that if you bought Bitcoin, and hold it for at least 3 years, you will certainly get profit. Of course it still depends on when you bought it, but the longer you hold, the more profits you might get.

I guess I wish you good luck, and always be patient when it comes to holding Bitcoin. Bull run is expected to happen at least months after the halving, so prepare an exit strategy when it happens. Of course this isn't 100% sure because we might not see it happening... or is it? Cheesy
1142  Economy / Gambling discussion / Re: 2023 NBA Season on: June 19, 2023, 02:05:36 AM
Bradley Beal went to the Phoenix Suns.
Phoenix Suns and Washington Wizards traded.
Phoenix Suns: Bradley Beal
Washington Wizards: Chris Paul, Landry Shamet and multiple second round picks.

I think it's good for the Phoenix Suns.
Kevin Durant, Devin Booker and Bradley Beal these three will be fun to watch.

This trade pretty much guarantees that CP3 will never get a ring. Being traded to Washington and playing on a rebuild roster has to be disheartening for him, but he will be a veteran for the younger players to look up to.

Phoenix on the other hand just got way better. Beal is a beast. Suns got a shooter to go along with Booker, Durant, and Ayton. Should be an interesting season for the Suns next season.

I can’t believe that the Wizards took this deal. Beal must have told them he wanted out. It’s absolutely insane that the Suns managed to get Beal and didn’t have to include Ayton. It makes me wonder who they’ll be able to get for Ayton. They’re a good free agent signing and a trade away from having an absolute monster of a starting 5.
Well, it seems like that the Wizards will not keep CP3 for too long because I saw an article hours ago that they are doing some talks with the LA Clippers for a potential trade that includes CP3. If that happens, we will see CP3 going back to the Clippers after how many years.

Now there are no confirmations yet if this will push through, but depending on which players will the Clippers give, it will show if they win the trade or not. It seems like the Wizards will enter the rebuilding stage, and it will be more obvious if they will trade Porzingis for other younger players as well. Nevertheless, CP3 will not stay with the Wizards unless the Clippers will not get him.

On the other hand, if this trade will push through, the Clippers will have a legit PG again in CP3 which they are lacking last season. The Clippers don't have a legit PG that will execute plays with them, and Westbrook can't do it. The only problem is that, they've added a player that's injury prone especially in the playoffs. Kawhi, and CP3 are injury prone, but they have an elite group of all-star because they have Westbrook, CP3, PG13, and Kawhi. Let's just wait if this trade talks will push through or not.

Kind of unexpected indeed that the Suns got him without any key players involved (aside from CP3), but still, I doubt their depth as always. I just hope that Coach Vogel will develop his bench players even more.
1143  Other / Beginners & Help / Re: The truth about investment (bitcoins) on: June 19, 2023, 01:53:21 AM
We all know that bitcoins has its various usecases but 80% of holders are profit driven.
You're a bit shy, eh?
Why not make it 100% or just 99%, and why 80%? Any website where you got this data? Or it's just you nitpicking a specific number.
To me, I have come to understand that every holder cannot become rich at thesame time because their is no free money anywhere, when one user gets enough base on its smartness and well calculated strategy, another holder become a victim.
Well, this is true.

Another one's profit is another one's loss. This always happens especially in trading. Who said that every holder can't be rich at the same time? It has 2 factors IMO. The time when you bought Bitcoin, and the amount of time you held it. If you bought Bitcoin earlier than most investors, you will get more profit thus, it might make you rich. On the other hand, those who bought a bit late can get lesser profits than those who bough earlier. TBH, the word "rich" has a very broad definition when it comes to investing, but one thing's for sure thought. You bought it earlier, you will gain more profits (base on history).
1144  Bitcoin / Bitcoin Discussion / Re: A no-Bitcoin friend turned a old Bitcoiner on: June 18, 2023, 09:43:01 PM
Why would someone try to hide their Bitcoin involvement from their friends that tried to teach them all this while?
~
What do you think is probably ongoing here?

Is it a big deal for you that he hid his involvement in Bitcoin for a long time?
TBH, I don't see any problem here. Maybe he is just securing his self, and don't want anybody to know that he's involved into Bitcoin. His showing of no interest is just a strategy so that nobody knows that he knows Bitcoin.

Maybe you're feelings just hurt because you are trying to enlighten him, but the reality is the one who you are enlightening with knows more than you are. Cheesy I guess I'll be more hesitant to share any information about Bitcoin from now on. What's going on here? None. It's just that you can't accept the fact that your friend didn't let you know that he's been into crypto for a long time, and it hurt your feelings because of that thus, you created this thread.

Just move on, and move forward. Maybe do a bit of a brainstorming once in a while. Share more information with each other because for sure both of you can help each other.
1145  Economy / Gambling discussion / Re: 2023 NBA Season on: June 18, 2023, 09:21:55 PM
Bradley Beal went to the Phoenix Suns.
Phoenix Suns and Washington Wizards traded.
Phoenix Suns: Bradley Beal
Washington Wizards: Chris Paul, Landry Shamet and multiple second round picks.

I think it's good for the Phoenix Suns.
Kevin Durant, Devin Booker and Bradley Beal these three will be fun to watch.

I wonder why the Wizards agreed with this trade.
Obviously, the Suns won in this trade. CP3 is past his prime already, Shamet might've been a good bench player for the Suns, but his impact with the team is close to low.

With this trade, the Suns just became better, but what I would want to see is to improve their depth. Yes their starters are one of the best right now, but their depth is for me one of the worst. We've seen Booker, and Durant played 40+ minutes every game during the last playoffs, and when fatigue got them, the team doesn't have anybody who can step up offensively especially in the bench. I also wonder how will Coach Vogel handle his new player knowing that they are more offensive minded players, and he's more of a defensive type of coach.

Well, I expect more changes in this off-season especially in their bench because I think their starting 5 is for me one of the best currently in the league.
1146  Economy / Economics / Re: Rent or buy real estate - let's have a debate on: June 16, 2023, 02:00:31 PM
For me, it isn't debatable anymore. Buying is always better than renting when it comes to real estate.

You know that feeling where you are secured when you own that home. The sense of security I think is enough reason already to say that buying a real estate is better than renting. In renting, there will always be a chance that they will get that home for you for various reasons. If you bought that home, you have total control of it. When you have a family, you can make your family secure because you own the home. The privacy as well where you can just do anything you want to do because it's your home.

You also said that the price or rent increase by an average of 15% yearly. Just imagine paying that rent at a higher price next year, and the fact that inflation is also there to eat away the buying value of your money adds to the problem. In the long run, having your own home would always be better because you will not think of paying the rent on a monthly basis anymore.

Why buy a house using bank loan? I'd rather pay it cash to save money as much as possible.
It depends on the person.

There are some who doesn't have straight cash on hand, but really wanted to buy or build their new home thus, they are resorting to take a loan on the banks. Yes you can save a lot of money if you have enough cash already, but like I said, there are some that for some reasons really wanted to have their own home, and live independently. As for me, if I have enough cash to build a house then why should I borrow from banks.
1147  Bitcoin / Bitcoin Discussion / Re: Are you tired of waiting for the jump? Pls Hodl on: June 16, 2023, 01:23:28 PM
~
Isn't the wait worth it?
I just hope that the person behind that tweet is still Ok after his decision of selling at a loss more than a decade ago.
Well, I guess he moved on from it already like what other Bitcoin early adopters did when they also sold their Bitcoin holders very early.

Being patient is very easy to say, but TBH it's very hard to apply especially when it comes to investing. There will always be times where you will be tempted to sell your holdings especially when you see that your holdings is up double-digit percentage already. I've already experienced it numerous times, and the last bull run in 2021 tested my patience. I held all of my holdings in crypto at that time, and I've been patiently waiting, but it seems like that would've been one of my worst decisions because I might do a better job if I just sold most of my holdings at that time, and then bought last year when the bear market started.

It's always worth the wait especially if you have a target selling price. As long as you are ok with your profits, and didn't sold at a loss like the person on that tweet then it's always good.
1148  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is legalized, a dream of mine would come true on: June 16, 2023, 07:46:30 AM
Actually, there is a way for Bitcoin to be legalized in your country, and that is if the government will change it's stand against Bitcoin. I mean if there will be a new government that will support or at least be neutral to Bitcoin then I guess that's the time where you can use it "legally". What are the chances? Close to zero I guess... or there might be a chance. I don't know for, but one thing's for sure, Bitcoin being used in Bangladesh legally would take a long time.

Sometimes, dreams will just stay as dreams because of bad government, eh? You have other choice OP, and that is to build a business outside Bangladesh, that is if only you can do it, but if the government really is that strict with regards to Bitcoin, then I guess accepting Bitcoin in your business would be close to impossible. Well, the thing that's permanent in this world is change, and who knows. We might see them changing their outlook when it comes to Bitcoin, and we might see them unbanning it in the future.

I guess I'm lucky that in our country, cryptocurrencies aren't banned, and we are free to use it anytime we wanted.
1149  Economy / Gambling discussion / Re: 2023 NBA Season on: June 16, 2023, 01:31:52 AM
That or a salary increase. Only those two reasons why a player would decline the player option. He is valuable now. There are lesser point guards in the league who are healthy and he is one of the best choices of any team who doesn't have a playmaker because he can score on his own, handle the ball with care, and he can make a play too. It's hard to find guys who could do both.

Players who reject a huge offer likely believe that they can still make a lot of money compared to the offer on the table. VanVleet was the leader of the Raptors last season, and his stats were very consistent. He can certainly contribute that to other teams as well. He desires a max offer, and with the Raptors having a new coach, there's no assurance that the current system will continue to work in his favor.
Or the fact that they fired their Head Coach might be another reason as well. Another is maybe he don't want to be in the Raptors anymore thus, he is trying to be a free agent, and with his elite ball handling skills alongside good three point shooting, I'm pretty sure that there will always be a team that will get him. The only question right now is, which team will acquire him, and will he get higher salary than what he can get in the Raptors which is $28M.

Max offer/contract for him? I don't think so though he might be eligible for around $100M - 4 year contract, or even higher if somebody will try, and give it to him.

~
To summarize, Bronny James' eligibility in the NBA Draft will take place in the next year's draft (2024) for the season 2024-25.
I guess this is also the reason why LBJ has a Player Option for the '24-'25 season, so that he can just opt out, on his contract, and follow his son because it has been his dream for a long time. On the other hand, he said in one interview that he is still ok if that thing will not happen. That him, and Bronny will not play in the same team.
1150  Bitcoin / Bitcoin Discussion / Re: Stop stressing kids with bitcoin on: June 15, 2023, 10:39:28 AM
I'm on the middle on this one.

It's true that stressing our kids, and teaching Bitcoin at a young age will cause more burden for them than good, but at least let's open their minds when it comes to investing itself. Don't teach Bitcoin straight to the point, but at least teach him some basics of investing in general, or maybe at least let's teach them how to save at first. What are the good things that saving can do.

On the other hand, it's not bad if we introduce Bitcoin to them at a young age. I mean we can teach the basics to them, but if we see that they aren't interested on it, or they are being overwhelmed with the information that they're getting then it's better to stop. I've seen kids here in our place that at a young age, they don't know anything about saving. I will do the opposite with my future children. I will introduce saving to him/her first, then will introduce investing, and will teach the basics of it.

Overall, this is a subjective matter because I believe that there are kids who might not want to learn not only Bitcoin, but investing in general, and there are some who are not. Just teach the basics I would suggest, and teach them the simplest way possible.
1151  Economy / Gambling discussion / Re: 2023 NBA Season on: June 15, 2023, 08:25:47 AM
I snatched this list off of Twitter but I thought it was cool so I’m posting it here. It shows the prominent players that are expected to be moved this off-season and the teams that have the best odds of getting them. Not so sure the Lakers would let LeBron leave and then sign Kyrie…

LeBron James: Mavericks
Damian Lillard: Heat
James Harden: Rockets
Kyrie Irving: Lakers
Russell Westbrook: Knicks
Trae Young: Lakers
Chris Paul: Spurs
Draymond Green: Jazz
Fred VanVleet: Suns
Khris Middleton: Thunder
Nikola Vucevic: Celtics
Brook Lopez: Rockets
Al Horford: Hawks
D’Angelo Russell: Suns
Dillon Brooks: Heat
DeAndre Ayton: Mavericks
I will say my opinion in all of that predictions. Smiley

Letting Lebron go, and getting Kyrie for the Lakers will be a disaster. Kyrie wants Lebron to his teammate, so I don't think that this will happen.
Dame on the Heat is for me has a low chance to happen, and it will also depend on what will the Blazers do with their draft pick which is either Brandon Miller, or Scoot Henderson.
Harden to Rockets? Many are speculating that him and Jaylen Brown might go to the Rockets, but with Brown eligible for a supermax deal since he joined the all-NBA team, he might stay. Harden might not want to go there and play alongside youngsters. We don't know.
Westbrook to the Knicks? I'd prefer him staying with the Clippers because PG13, and Kawhi are both injury prone, and he can still a good offensive player like we saw in Games 3 & 4 when he carried his team.
Trae to Lakers? I don't see this happening. I don't know who will the Lakers be giving to the Hawks. Reaves on a sign & trade + picks? I don't know.
Green to the Jazz? It's not impossible, but I don't see him going there. It would be better if he just stay on the Warriors, take a pay cut, and get another title again alongside Klay, and Steph.
VanVleet to the Suns? With CP3 getting waived, this is a good choice if it will happen. The Suns will have a good PG in Vanvleet who can shoot threes as well.
Middleton to the Thunder? I don't see it coming, but who knows. Giannis wants Middleton to stay with the Bucks, and play together.
Vuc to the Celtics? With how disappointing the Bulls are in the last few years, I guess it's time for them to break the trio of Lavine, Derozan, and Vuc, and start rebuilding.
Brook Lopez to Rockets? Maybe? I don't see him going there as well.
Horford to Hawks? A reunion, eh? Cheesy He's a former Hawk alongside Korver, Millsap, and Teague way back a few years ago. I don't think that it's good for the Celtics to let him go.
Russell to the Suns? I don't thing so. He will just be a bench if he goes there because Booker will mostly be their shooting guard. Russell is also a liability in terms of defense.
Dillon "DYNASTY" Brooks to the Heat? I'd rather see him with either on the Warriors or the Lakers Tongue Kidding aside, he's a good defender though, but his attitude is out of this world. He must change his attitude first before teams sign him.
Ayton to the Mavericks? Mavericks are one of the worst teams in defense, and with them acquiring Ayton would be a big boost for them defensively. It will be a good thing, but who will the Mavericks be trading is the question.

Perkins will say anything to stay relevant. Harden to the Lakers is not really realistic - they don't have enough cap space or tradeable assets. LeBron is also at all probability not getting traded.
Kendrick Perkins is an absolute shit when it comes to predicting, and also in analyzing.
1152  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin's comeback on: June 15, 2023, 07:45:28 AM
After all Altcoins were troubled recently, Litecoin is gaining more confidence again.

But can Litecoin outperform Bitcoin or is Litecoin dead in your opinion?
Litecoin ever since Charlie Lee resigned from the team has been a stagnant, and doesn't have any big updates aside from the Mimblewimble update.
I don't know if there are some big updates that happened within the project, but nevertheless, they have been out in the limelight for years already, and nobody is talking about that coin anymore.

Now can Litecoin outperform Bitcoin? The only advantages Litecoin has over Bitcoin is the low transaction fee, profitability, and transaction speed, but overall, Bitcoin has the advantage, and to answer that, it's a no. I mean can you imagine a coin that has little to no update can outperform the top cryptocurrency right now in terms of market cap? I'm a bit surprised that it's still in the top 50 despite of it not being talked on the internet for years. Well, it did drop down to below the top 10 though.

Now is Litecoin dead? I'm not a holder of Litecoin, but they have a big community that's why they are still at the top 50 right now in terms of market cap. There are still people who are using Litecoin for various reasons. Many exchanges are still accepting Litecoin because it has been there for a long time, and the trust has been built. It's just that there aren't no big updates from the project for years.
1153  Bitcoin / Bitcoin Discussion / Re: Bitcoin gift to wife on wedding. on: June 15, 2023, 03:16:14 AM
Although I still studied, I invested a small amount in Bitcoin. I will get married if I get a good job. Many people give many things to their wives as wedding gifts, I have a different plan. I am planning to gift bitcoin to my wife on her wedding day. Bitcoin is still illegal in my country so I invested with caution. On my wedding day I want to gift half of my investment to my wife.
Should I gift bitcoin to my wife? I want your advice
I don't know if it's only in our country, but there is this thing called Conjugal property which has a definition of this: LINK
Quote
conjugal properties aren’t limited to houses and real estate investments. “It includes those obtained or acquired by either or both of the spouses from their work or profession, or income from the exclusive property of a spouse among others
Obviously, this applies to our country, but the point is whenever both the couple are married already, all of the belongings of both the men, and the women will be owned by both of them already. That includes anything from income, to expenses, to assets etc. and that includes Bitcoin. The question is, why bother giving your "future" wife a gift where in fact you will be marrying her in the future. It's complete nonsense if you will give him that kind of gift where in fact, both of you own that Bitcoin already.

I mean I don't know if it's a good idea or not that you will be giving your "future" wife Bitcoin especially knowing that Bitcoin is illegal in your country, but it would be better if you will just give him another kind of gift. Like a travel maybe? Or whatever it is.

You also said stated that you will give your "future" wife Bitcoin "IF YOU GET A GOOD JOB" meaning currently you aren't have one yet. Maybe it would be better if you find a stable job first before marrying your partner (if you have).
1154  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin Be Badly Hurt if Binance Goes Down? on: June 14, 2023, 06:31:23 AM
How much harm do you think a Binance implosion would cause Bitcoin? Is the US a big threat to the coin market?
The term "BADLY" isn't good to use because TBH, it will not hurt that much - at least for me. I wonder why people are focused on the news on whether they need to buy or not compare to the charts itself. Most of the investors are looking the news as their catalyst in whether they will buy or sell. This is the reason why the market is heavily affected when news like this happens.

Bitcoin would certainly be affected if the worst thing happens which is Binance going down, but the effects will be temporary in terms of the price of it. FTX going down, Terra Luna going down, and other events in the past has affected the crypto market, but we've seen that all of that effects are just temporary because at the end of the day, these type of events that are happening are opportunities for the investors to accumulate more thus, increasing the price after a few days.

Well, it's the Binance.US only that's affected, so I guess the whole company might get affected in terms of their revenue, but it will still run because they still have other exchanges that are outside US.
1155  Other / Meta / Re: Offensive words on the forum on: June 14, 2023, 06:09:29 AM
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Please let us be more polite when making post or replying posts
Be more polite? Please be more insensitive I would suggest.

We're in the internet where people can just speak what they want to speak. Where people can say what they want to say. Do you expect that people will be polite on you especially here? Probably some might be, but most will not. I'm in a country where people online are mostly trolling, speaking offensive words in social media, and it's ok because it's called "Freedom of Speech".

If you are that sensitive here in the forum then you have 2 options. Either you adjust if you want to continue, or you find another forum where there is no freedom for users to speak what they want to speak (but I doubt if there is a forum like that). Please don't be so sensitive OP.

P.S. My 9000th post Cheesy
1156  Economy / Gambling discussion / Re: 2023 NBA Season on: June 14, 2023, 02:48:38 AM
KCP is now twice a NBA champion, first with the Lakers and now with Denver Nuggets.
Dude, I really like KCP.

He's been traded after winning the title with Lakers and now he's with the Denver Nuggets. I hope that he won't be traded again and he's good to stay with his team. They've got a chemistry and he's always there when he's needed on those important minutes of the game.

I really don't know what the Lakers traded him though, I guess it's just the series of the Lakers trying to upgrade their roster and getting rid of him. And I think Lebron has confidence in KCP, perhaps it was just the mentality.

But they won a ring together so that's good. And now another one for KCP this time with Jokic. And if I'm not mistaken, there is another former Laker on that roster, which is Thomas Bryant, who requested to be traded at the deadline because he doesn't want the minutes and exposure he got from the Lakers when AD comes back. However, he didn't play that much with the Nuggets as well, but still he is an NBA champion as well.
Le-GM wants Westbrook that badly at that time that he's willing to give up players just to get him.
Well, we saw what happened to the Lakers after that controversial trade I would say.

Aside from the players you've said. Let's give credits to DeAndre Jordan as well who didn't play in the whole NBA Finals obviously, but did got a championship ring. He even surpassed his old teammate CP3 who until now doesn't have ring at all, and now has been waived from the Suns. Ish Smith who played for 13 teams for 13 NBA seasons. Jeff Green, the veteran on the team who now got a title. Now the question is will the same Nuggets roster can repeat it. It's too early I guess, so let them enjoy the fruits of their hard work.

I just want to ask because I want to have a different topic here aside from the ones that you have right now. We know already that Lillard wants to be out of Trail Blazers already. Now there hasn't been any confirmation, but the team that might suit him the best is the Miami Heat. What do you think? Will Lillard really fit with the Heat, and if yes, who will be the ones that they're willing to give for him?
1157  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you invest in a project that might take years to outshine the market?? on: June 13, 2023, 08:08:48 AM
I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.

Some project need time to build and shape. What do you think?
It depends on the age of the investor.

Nowadays, some of the investors see crypto as a get-rich quick scheme, and maybe that's also the reason why most of them can't even commit to hold a coin for long term. I agree with what you said that a project takes years to develop that's why most of the projects are creating their project first then launching it to the public, so that it will not take too much time to develop because that might affect the trust of the investors. Well, let's also add the risks of it as well. We know that a project can just run away not leaving any traces at all. We know that a project that has been existing for years can just abandon the coin, leaving the investors, and run away with the money that they got. This is also the reason why investors don't have the patience to hold a coin for a very long time unless it's been existing for a very long time, and many people trust it.

Some project really needs time to build, and shape I agree. On the other hand, if you will continue to develop your project, and people see it beneficial to their everyday lives for whatever reason it is, they will support that project, hold the coin for maybe mid to long term. As for me, I'm at my mid-20's, so I can still risk some of my money to some new projects, but I opted not too because I'd rather invest it into some old projects, and some dividend paying stocks out there.
1158  Economy / Gambling discussion / Re: 2023 NBA Season on: June 13, 2023, 07:40:22 AM
Nuggets in 5! That was my original thought. Nuggets finished all series in their conference pretty fast. The expectation was Bucks, Celtics or Sixers playing in the Finals but Heat made one of the biggest surprises in history. They could only win one game though. If other teams had been here we might watch a longer series. That doesn't matter anymore. Nuggets got the well deserved first title.
Predicted the same as well. I thought it will going to be 6 games when the Nuggets got their first home loss in Game 2, but they came back with 2 straight road wins, and eventually winning the title. I guess it's pretty obvious that the Nuggets have the upper hand here in terms of stats, and players as well. Anyway, a well deserve title for the Nuggets (and it's their first time in the history of the franchise), and a well deserve Finals MVP for Jokic as well. Now he can go back to Serbia now, and spend his time with his family.

Miami Heat deserves some praise, they are underrated in the whole playoffs but they proved them wrong.
The Denver Nuggets also deserve the praise especially Nikola Jokic, the media keeps on bashing him as an overrated player and there was even a time he was called a "stat padder" because of the amount of triple-doubles that he recorded. That's not right, they cannot just accept he is a real genius.
Who expected that the Heat team will reach the NBA Finals?

TBH, when I saw that they will face the Bucks in the first round, I already predicted that the Bucks will sweep them, but I was wrong. When analysts predicted that the Heat only have 3% chance of winning against the Celtics, they proved them wrong. Kudos to the whole Heat team. I wonder what will be their moves next season. They will give better contract to their undrafted players? They will trade Lowry? They will get Westbrook? Will they trade Butler after having a bad NBA Finals series? The Heat will be the one that I will be looking for this off-season, because we might see them making some big trades.
1159  Other / Beginners & Help / Re: Does anyone still stores their crypto in any exchange on: June 13, 2023, 03:09:12 AM
Does anyone here still stores their crypto in exchanges? I think the best choice would be to move a higher value of funds to a hardware wallet while leaving a small amount that's less than 5K in an exchange.
No not me, but there are many people here that are still storing their assets on exchanges for various reasons. Buying a hardware wallet, and store it there would always be the best choice, but there are some who for some unknown reasons don't want to buy for more safety. I wonder why. Can somebody enlighten me with this one?

Exchanges have proven time and time again that they can disappoint their users at any time. Let's not talk about the FTX issue. but for instance, Atomic Wallet just let its users' funds vanish into thin air a few days ago with no reasonable explanation.
FTX, Atomic Wallet, Cryptopia, and more in the future.
These are just some of the exchanges, and/or wallets who have been hacked, or money got stolen just recently, and I expect more in the future. I guess these exchanges must focus more on the security of their exchange rather than other features. There might be a chance that these incidents did happen because somebody inside the company did it. I mean like sabotage something like that. Cheesy

So, why would anyone in their right mind take the risk of storing your crypto on exchange? When it usually means that the exchange retains control (or 'custody') of your assets without giving you access to the private keys. Also, they can disappoint you at any time.
2 reasons that I know.
1. Selling faster - Transaction takes time, and that time might take away some profit from the user that's why they prefer storing it on an exchange so that they can liquidate it faster to maximize their profits.
2. They can earn - Binance has earn feature where you can earn a certain percentage just by storing it on their exchanges. Kraken is doing it as well, and they call it staking. There are some other exchanges that has this as well, and I believe this is also the reason why users are storing their money in their exchange.

I believe that there are more reasons as to why, but I think these are the top 2.
1160  Economy / Reputation / Re: Content written by AI, spamming the forum. on: June 13, 2023, 02:09:38 AM
I remembered the thread made by Royse777 regarding a particular campaign participant being accused of using AI to create quality posts.
https://bitcointalk.org/index.php?topic=5454810.0

In the end, no one can prove if the accused user is using AI or not because these AI-detecting tools are not accurate, and not reliable at all like @KingsDen said as well. TBH, it will be hard to detect which of the posts here are being created by AI or not, and knowing that these AI detecting tools aren't reliable, it will take time before we know which posts are created by AI or not with high accuracy.

Maybe the best thing that you OP can do has been said by the users above already. Report it to the moderators if you believe that the users is using AI (but it will be hard to judge if it's an AI generated post or not). Either way, the accused user has been tagged with negative trust already, and I don't know what is the punishment of the user that has been proven to be using AI to post here.
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