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Imagine posting on the Bitcoin Forum just to spite people. Hahaha bro, they will eat u here alive. Most people here have created a living out of cryptocurrency and its only a matter of time that it is accepted well into establishments.
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Maybe at first when I became acquainted with bitcoin i thought that bitcoin wanted to help all of humanity, or when I looked at interconnected chains, I thought it was bitcoin that wanted to spread wealth around the world.  But after a while, I realized that this was a stupid idea. Bitcoin is just like money when people or companies have a lot of money, they can have a bigger share of Bitcoin and poor people are still poor. You cannot blame people for having knowledge about Cryptocurrencies. Every man has the choice of learning about it and its not your fault that you are gaining money from Bitcoin. This just means that unlike other people that you know, you are an open-minded individual that learned about something that you did not know was capable of giving you extra money. Having to pick about learning and ignoring Bitcoin is always the choice of the person who encountered it. |
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I never imagine the fee to become one of its disadvantages but seeing how fees right now are also achieving another ATH. Lol! However, people and other users can still say that Bitcoin is still another financial income generator and its fee is part on how we can transact using Btc's. Its a way to move our coins within the internet because its part of the internet and not part of any institution in the physical world.
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Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!
If that situation happened, most Whales would instantly sell their savings since somebody proved that Bitcoin won't be usable and labeled as a scam. That is a situation that would only happen if they proved that Bitcoin is a scam. However, things would not go like that since most users are still using and proving that Bitcoin is essential for their financial help. |
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I guess what they are trying to do is create a fixed way of how people earn money at first but will cheat them at the end since gaining money from nowhere really seems like impossible. Money within the Cryptocurrency Industry is not created instantly and things take time. If what they are doing is scrutinize, people will see what is happening wrong since it will be most likely a scam and people should think twice before considering it.
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I have noticed and we are all aware that so many people do complain that they were scammed through bitcoin. In every problem there is always a solution. How can we identify when a scammer is trying to scam.Let their be a strong system In such a way that scammers won’t be able to penetrate in. And can we pay more attention when someone complain about scammers.
Listening and learning about complains can be effective since most of the stories being told there are detailed and we can make sure that we wont fall victim if we see the signs that will pertain to scams. People should also stop believing everything that is posted on the internet pertaining on how to gain free Cryptocurrencies since its already easy to gain Cryptocurrency so some websites might lead into phishing websites. |
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The right investment for Cryptocurrency is Knowledge. As long as you have the necessary knowledge on how to traverse the in's and out's of the Cryptocurrency Industry, you have the ability to earn from it. Learning is easy but honing your knowledge to turn them into skills is something you have to take risk within this Industry.
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The only fear I got from new cryptocurrency is that as soon as they got listed on exchange and dump by hunters it dies right away. I had lots of tokens who ended up in that way and even some of them never got listed, all of my time and effort just become a waste for nothing. There's even a tokens worth of a penny.
One more thing I fear several new cryptocurrencies because they're most likely a scam. They used to be active during the campaign as soon as the campaigns end they literally don't respond to anybody, and yeah I experience that so be wary.
Oh, yes. This is the main fear of all us, those, who invested in new cryptocurrencies. Meanwhile, you must be more optimistic. Remember Ethereum. When it appeared, many people called it something like a scam or a fraud. Now, ETH is even declared the king of altcoins. Well, that is normal since most people are scared to be left out hodling some unusable token so a lot of Bounty hunters will sell their tokens once they got their hands on it. Another thing is ETH was already king of Alternate Coins in the past since its next to Bitcoin. Another thing people are scared of is that the bounty will not push through being sold on exchanges since most bounties before are prone to that problem. |
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I don't have lot knowledge about different things about legalities or some government things.
I am become curious about paying an employee using Bitcoin direct to it's Bitcoin wallet.
Like these days, some of our salary are paid in different method, some are being deposit on some bank accounts, some are cheque, some are cash directly.
I want to ask if we will make official method for paying our employees in Bitcoin directly to their Bitcoin wallet.
Is this method is not foul on the government? Or it is legal?
Especially on the department of government that is about the labor or employment.
The process is possible and can be done but what is lacking is the amount of time to do research for each country to adopt this possibility. Most government departments are not even knowledgeable with Cryptocurrencies even those side of government who are leaning within the Technology side. Bitcoin as a salary would be first implemented in Private Companies since they can have their own researchers within their facilities to conduct if its a better form of salary. |
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Many new cryptocurrency projects copy already created technologies and therefore such projects have no future at all and it is not worth investing in such projects, also the creators of new projects simply abandon their projects for various reasons, and of course, most projects list their cryptocurrencies at scam exchanges where the price of any token will drop to zero.
I think to have an easy job in determining if a project is legit or not, we should only look at where it's listed, once it's listed in a non reputable exchanges, then you should doubt their future, but when listed in a popular and reputable exchange, you should believe that they have a chance to grow in the market as exchanges themselves are not stupid to list a scam projects. Another aspect to consider is the legitimacy of the idea. Most ideas are just recycled and called with a new name but we cannot blame the Cryptocurrency Industry since most bounties before were just made to create profit and that is a cycle within this Industry. Only few platforms are considering to further develop their system because sometimes they are losing supporters midway and that is bad since they want their platforms to be used on the daily. |
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Hey guys, I just want to share my thoughts today about this, I have always said "bounty hunters are not the ones killing projects", but now I'm having second thoughts about it, I participated in youengine bounty campaign for about a week, although it lasted for quite a while,the bounty had about 4 rounds, the bounty ended about a week ago i guess and distribution of "youcash" started, I received about 307 youcash tokens as shown below By 8am this morning the 307 tokens was worth $10+, i didn't sell, I held on to it, to my greatest surprise this evening I checked my wallet and I saw that the 307 tokens are now worth just 0.35$ Although it recovered later, but it's not looking good at all, I guess this dump is caused by the bounty hunters because they just keep dumping the token, what about you, what do you think is the cause of this massive dump? What happened was just normal since most tokens are expected to drop in value once users bought a lot of it. That also happened to past Airdrops like HAWALA. Even without Bounties, the token value was high but when their second wave of Airdrop commenced, the value suddenly dropped. Its just like that so its just safe to assume that most tokens can possibly lose its value in a small amount of time. |
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Which coin do you think will become next Ethereum?
Which coin do you think will become next Ethereum? by comparing all the factors including the community support, trading volume, use in daily life or business or anything which matters to make any coin on top of all the coins?
I doubt that Alternate Coins would want to be the next Ethereum since Ethereum is not number one. Some tokens have potential but beating Ethereum would be hard since the utilization of Ethereum has reached another thing like DeFi. Ethereum is easy to use and some Alternate Coins are mostly based from either Bitcoin or Ethereum. |
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Blockchain education is very important today, if traditional economists had had a Blockchain-based education and had knowledge of volatility in markets like Bitcoin, perhaps the world would have the best acceptance about the Bitcoin market, However, in Spain they have already taken these aspects into account, that is why they have included in their blockchain pens, the link is here: http://catedraiecisa.etsiinf.upm.es/campus-blockchain/, but it is in the Spanish language, but I put it as an informative means that everything is on the right track. That link would surely be helpful to interested users (like me) to boost their knowledge regarding Blockchain Technology. The closest we have ever been to Blockchain Technology is only the way on how Blockchain works. We only know its basic meaning but learning deeper about Blockchain is a good career since most companies today wants top notch security which Blockchain offers. |
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The current financial system ain't going anywhere so it has no choice but to co exist. Co existing is the same as parallel anyway innit?
As long as there are governments there'll be fiat and they will pay out in it and demand tax in it. You may be able to step out of parts of the old system but you'd need to live in a properly radical jurisdiction yet to exist to fully shed it.
That is true and since both of them are coexisting right now, there is possibly no way that the Cryptocurrency Industry can mess up with the current financial system because it could always exists since not all people are available to use Cryptocurrencies or some people still lack knowledge on how to use Cryptocurrencies. This would be a huge step if people can gain knowledge about them since it might also be another way to help people to monetize their time. |
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In 2008, there was a huge economic catastrophe in the world. Some banks conspired and deliberately caused this economic disaster. This is why many people were financially disadvantaged and lost their trust in the bank. I think Satoshi made bitcoin to save people from this disaster. That is, Satoshi has created a currency where there is no third party. There will be no central bank. No one can control it. Customer to customer transactions can be done. While Bitcoin has no controller, no one will be able to intentionally disrupt its finances. Bitcoin introduced a new horizon to the world's economy and freed people from this economic catastrophe.
So I think this is why Bitcoin was created. Is that the only reason? Or are there more reasons? What is your opinion?
Maybe it started with Blockchain Technologies since that is where Bitcoin is mostly developed. It also started when people wanted a way to pay anybody without cash and that might started Bitcoin thus, the Cryptocurrencies. At first it was not expected to blow up since some guy bought some pizza with a lot of Bitcoin but as time passes by, Bitcoin is dubbed as one of the best creation in the digital world.. |
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Some people stored their funds on a crypto exchange, which is not a good thing to do like a good bitcoin. Some people believe that their cryptocurrency is much safer in exchange than their crypto wallet, this concept is a big no for me, well, in fact, I always read some articles about a hacked exchange every week or months. It is much safer to store our money in our crypto wallet but the problem with it is that it is also vulnerable to being stolen by hackers.
We can prevent this thing from storing our private and public keys.
Just key terms to remember:
Transferring of funds
Public key - allows you to transfer funds into it
Private key - allows you to transfer funds out to it.
Exclusively
Public key - publicly known and important for identification
Private key - this should be secret, excluded only for two parties which are the receiver and the sender.
If you lose your public key, you can still access it using your private key and if you lose your private key you cannot access your fund anymore. Storing your private key is a really important thing to do whenever you want to secure your wallet. Do not store it on your device because any device ate prone to hackers. Use any strategies except online.
Storing Cryptocurrencies on exchanges will always come with different risks. I have this experience regarding my Alternate Cryptocurrencies that I forgot to withdraw within my own Crypto wallet, then suddenly Cryptopia (the exchange website) suddenly went dark. It went out of business and my Alternate Cryptocurrencies were lost. It was such a saddening experience since I was still a newbie and I was learning how to operate exchanges and Cryptopia was one of the easiest to learn exchanges. |
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World is investing more money in Military coz They know this Military is needed to making sure we Still have law and order.
As They will not quut the debt system as its so good and profitable the World governments either can increase the spending on police and Military.
We the people just need to get use to with crisis
As whole world economy is turned into gigant casino but... Hey They can print more money
And by speculating on the markets many people can be Rich
I think the hyperinflation not a problem.
The solution is crisis.
I guess every year or so plus government can do debt forgiveness and complete restart.
Universal income also
Its just After 10 years crisis get use to it then Everything will start Again...
The Fiat currencies are so great that Elite Don't have really Plan to kill Fiat currencies.
Im sure the Trump and Elite like the World how it is.
Also I Don't complain either the money printing makes cryptocurrency going up too.
So I think the debt and this money printing is beneficial.
And I think the Old way let it be... After 10years just little crisis then it will start like new game.
They have now strong aml kyc Rules all over the World so They can track the money and too much money can be eliminated and inflation rate will be normal Again.
Off Course people complain but this sysyem keeping capitalism going on and people with skills will just serve people who Got capital.
And bitcoin will be just instutionlized.
If you know the game you can be good Player in this Economic game..
Governments investing on Military is somewhat a bad idea since most countries discovered on what they should be focused on are Intelligence funds that will improve their Health and Academic systems. The pandemic really killed most countries that thrive on Capitalism and its not their fault since that is where they can get their profit to a better economy. Governments should start preparing for unknown incoming crisis that might come. |
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Are Airdrops still paying? YES they are but 99 percent of Airdrops won't worth your time, I Know it doesn't cost a thing to join Airdrops, you are only going to spend very few minutes on each Airdrop campaigns but why? For few pennies or a 1$ ? I'd rather take that chances with bounties instead.
That's right, if we look at the rewards given through the airdrop program, it is not really worth the time used by each participant especially if the gas costs at this time can sometimes be expensive suddenly, so joining the airdrop doesn't mean it's not good, it's just only the results are not commensurate. But that's still free money. I remember my first Airdrop was not worth so much but its value blew up after a week. Its quite true that it might take your time but these opportunities are open and we must take them as we see them available. We also need to keep in mind that some airdrops are just phishing baits so we need to be aware on how to check legitimate Airdrops. |
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I know that most of you can relate to my situation where I failed to submit my entries on or before the due date of the bounty campaign. Not just once, but a few times already. I know how it feels, as I've felt the same way too. However, I've learned a lot and finally getting used to it.
If you are one of those bounty hunters who still struggle moving forward because of not submitting on time, here are some of my helpful tips:
1. Stop whining
Let me ask you. If you whine for hours to a day, do you think it's productive? Absolutely not! Whining is a time-waster. I know how it feels. There's a time that I've focused spent hours, or a day or two just to finish one creative and entertaining video. But when it's the time to check the submission form, it's already closed. Man, that hurts a bit right? The point is this. Don't just wait for the deadline date. Work earlier than that. If you keep whining, you've lost so many minutes, hours or a day that is suppose to be the time you work on your next assignment or so. Makes sense?
2. Appeal when you can. Learn to accept and move forward if bounty manager doesn't give exceptions despite the best work you've got
Of course, just don't believe that there is no hope anymore. However, not all bounty managers can consider your appeal to reconsider your entry despite not submitting it on time. Recently, it was my fault that I was never updated about their new deadline submission on Telegram, which wasn't updated on their bounty thread. I tried to appeal, but there are no more exceptions according to the bounty manager despite all of the long hours of work. There are some cases too in which my submissions are considered manually by some certain bounty managers even if I didn't make it on time.
At first, you may feel so down because it feels like you don't deserve it. But you must learn to accept and move forward, because bounty tasks are all about risking your time. Instead, learn to be grateful and thankful. It's all about lessons learned. There's no way you could go back in time, but keep moving forward.
Appeal if you can, despite there are no guarantees that they could say yes.
3. Don't blame the bounty manager for closing the forms just as you're about to submit reports. Blame yourself for not making it on time.
Again! This really stings a bit for us. Assuming that you wrote a top-tier blog post about a project for so many hours, only to see that they are no longer accepting submissions. The thing is, do not blame the bounty manager for his or her decision. You have no one to blame but yourself. I know this hurts, but it's the reality. Once you accept blaming yourself, you learned and improve in making decisions for you not to repeat the same mistake again in other projects that you are joining.
4. Seek a different opportunity from them if you failed to submit your bounty entries on time.
You just don't stick to be a bounty hunter all your life, you know? It's time that you should be more than that. Like in my case, I made a video about a project and the CEO likes it. The CEO would contact me to ask if I can make another video for them. And I said yes without any questions at all if they want to pay me or not. I happily made an interview video about their project, and after they see that, they've asked me for my ETH address which I was paid unexpectedly. I've experienced that in some few projects too, which I offer them a free interview with no cost, but they did pay me in an unexpected way.
You can be more by just being their ambassador, content creator or whatever God-given talent you have to help the project grow. Think outside of the box, not just being a bounty hunter only.
5. More opportunities are awaiting. Don't just stick to one or a few opportunities (and make sure they're legit too)
In order for you to experience less disappointment, don't just stick to a few opportunities. Of course, we all know that 90% of the bounty campaigns are scams, or failing ICOs, or token dumps after exchange listing. Make sure that you choose projects that are kinda legit by going over to their website, team's LinkedIn accounts, roadmap, whitepaper, social media channels, partnerships and events, etc. You can't just simply join a bounty campaign because of the hype, but always look beyond than that.
But once you've decided to join that campaign, always put it in your mind about the "time risk" that you're taking. Also, you should be mentally and emotionally prepared when unexpected circumstances happen such as website shutdown, exit scam, etc. In other words, you must know how to manage your risks, both time and money.
I hope these tips and advice of mine helps you all, especially bounty hunters who can relate. Cheers and have a nice day!
Tip number two is the best. Appealing within the forum is one of the best things that can happen since most appeals are supported since people want a good community. Then tip number five must always be kept in mind since the opportunities within the Crypto industry is endless and if we keep ourselves in a gloomy situation, nothing will be fruitful for us. Thanks for the reminder! |
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I don't see bitcoin as a tool for criminals, it all depends on the forum where they purchase the token. That's why I recommend KYC system for all exchanges, to avoid criminals from tarnishing bitcoin.
KYC won't solve that problem. You should always remember that most of us are using Bitcoin and other cryptocurrencies because of the anonimity it offers. That is the reason why a lot of people here in this community doens't like KYC but there are some that doesn't have a choice but to do it. They are not tarnishing Bitcoin, they are just using Bitcoin because of its feature. That is quite true. KYC does not even solve the problem. It might only have a slight effect since some criminals are able to acquire the identity of other people to use at exchanges. KYC for all exchanges is not the solution. They are using Bitcoin since it can be untraceable and money that is untraceable is a good way to send dirty money. |
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