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July 06, 2022, 11:16:24 AM *
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1  Other / Meta / Re: Curious Question about Meriting on: Today at 07:28:08 AM
It really depends on how much sMerits you have, I usually merit when I learn something from the post but I don't have enough meri9to share whenever I wanted but users who are merit source or have huge chunk of sMerits to spend may have different policies but its okay to give as much as you can unless you're abusing it, and don't forget on few cases merits reversed by theymos if I remember it correctly.
2  Economy / Economics / Re: When I started driving. on: Today at 05:57:20 AM
I've just had my 80th birthday, and I've been reflecting on some of the changes I've seen. When I started driving I could ask for 4 gallons of petrol ( there weren't any serve yourself pumps then), and I could give the attendant £1, and say keep the change. $ gallons today will cost over £36, and I have to serve myself. They keep saying inflation is low, but that doesn't seem low to me. Right now the producer price ines is up over 36%, and that is a more realistic indicator than the retail price index bandied about by the government.

It really does seem to be a way for the super-elite with their hereditary wealth to increase their asset value at the expense of the bulk of the population.
Increase the salary, increase the price and the money kept printed by the government so this is a system which used to keep the people in the same status no matter how much hike they get every year. Even I used to fill petrol for 50 or 60 cents don't remember exactly but now. Roll Eyes
3  Economy / Speculation / Re: Can Bitcoin (BTC) Crash To $13K After The Fed Rate Hike? on: July 03, 2022, 05:47:02 PM
After the price of bitcoin from $ 30k to $ 20k in a week then anything can happen, in my opinion the opportunity to drop to $ 13k is very large, especially now that many haters continue to spread FUDS so that it makes many investors panic, if the price of $ 13k occurs then I suggest to buy.
There are those who think that the price fell at $13k as resistance but I'm not sure that my benchmark is $16k/17k as the lowest but any outcome can change when all markets are down, therefore buying bitcoin is the right time now or under it.

Since the decline of course panic from investors there must be some of them selling and switching to safer assets but if we can survive in the current situation we can make more purchases and after the economy has started to recover we will know better growth.
But in crypto anything is possible, don't you remember the price went to $3K from its previous all time high which is also unexpected so just be ready for anything and you/we are lucky if price gets too low since the next will be the bull market so price will rise again for sure in few months or atleast in the next 3 years so you will be happy about selling that time because at that time the current price may look like a dust.
4  Economy / Economics / Re: The BTC price must stabilize in the long run. on: July 02, 2022, 10:15:53 PM
Eventually it will, because the price depends on demand and supply so if more people buying it then the manipulating its price will decrease so over time when everyone have some bitcoin in their wallet then it is supposed to be spread over not in the few hands so it eilk be really used for its actual intention but even now we are too far from attaining that state.
5  Other / Beginners & Help / Re: Things to do to keep Bitcointalk safe and to improve its reputation on: July 02, 2022, 08:10:38 PM
Below are some highlighted points I think are important in keeping the forum safe.

1:- Provide accurate solutions to problems/questions
2:- Help to report scammers and Cheaters
3:- Help by documenting Bitcointalk.org on YouTube and other websites.
4:- Help to report shit posts and plagiarism.
5:- Give Tutorials and updates on the Trading and Technical aspects of Bitcoin.



Apart from this I would like to mention a few more

6) Stay away from FUD, bitcointalk is not only filled with bitcoin lovers there are also lot of haters are here to spread wrong information about crypto currencies and trying to bring down its reputation along with price.

7) Too much of information is not good, we can see lot of threads created in the name of techniques, strategies, guides but they are actually doing it without proper knowledge about it because they want merit so trying to pretend as a good poster.

8-) Use the DT system for good reason not for their own personal benefits or hatred.

6  Alternate cryptocurrencies / Altcoin Discussion / Re: Misconceptions about Avalanche - Avalanche is a Coin, not a Token on: July 02, 2022, 07:02:05 PM
Let's debunk some misconceptions today!


When doing research about a Coin, people need to do a good DYOR.
It is important to research and find out about good projects and what a project really is about. It is about researching tech and basics.

Sometimes, people fail to do a basic research and end up investing in wrong Coins, getting (wrong) prejudices about a Coin / lose out on very promising Coins / end up investing in failed Coins.

We really need to do a good research and also share our knowledge.

So, I share mine today!


Avalanche is a COIN, not a Token!

Some people have called Avalanche [AVAX] a Token, what is wrong because it is a Coin.
It always has been a Coin.
No doubt!
Avalanche’s AVAX was already launched as a Coin!


Why is it important?

It is very important to look up if a Cryptocurrency is a Coin or a Token. A Token is of lesser value because it’s using an existing Blockchain as a Base. A Token is not genuine! A Token is not a new technology because it’s just based on an existing Blockchain. For example: Ethereum Tokens are based on Ethereum using ERC20 standard.
Ethereum is a coins and all ERC20 technology is based on it.
Difference coin and token – very important to know.

Because a coin is always a unique technology!
BitCoins, Ethereum Coins, LiteCoins, Avalanche Coins are all coins, all are independent Blockhains, independent technology.

Avalanche is a smart-contract Blockchain launched in 2020 and AVAX is Avalanche's native Coin!
Avalanche has gotten a lot name recognition by using a novel consensus mechanism, called Avalanche Consensus for its Coin.


A Coin is a unique Blockchain and independent technology.
A Token is NOT a unique Blockchain and NOT independent technology. It’s always based on an existing Blockchain.
Very important to know!

People have confused it for a long time but now you know!


So, now you know: Avalanche is a COIN, not a Token!

So if it is a coin then we all should consider investing in it? Either it can be a token or project as long as it has real potential for the future it will be profitable and that is how ethereum is still surviving even when the transaction fee went insane.

BNB can be another example which started as a token then build its own blockchain now many projects are launched over BSC chain esp[ecially after the fee hike for erc20 tokens.
7  Other / Meta / Re: Can we have an undo button for comment and post editor? on: July 02, 2022, 02:58:31 AM
This is helpful especially using mobile phones since there's no way to undo stuffs unlike on desktop browsers you can just ctrl+z for windows, idk how undo-ing in other OS.
In smartphones there is no such feature available unless we copied it before deleting it so we can use the clipboard to paste it, and you know it happened a lot of times but not deleted the thing just refreshed the tab while clicking the post button ( fat finger problem though).

Is it really possible to implement such feature like undo button or is there any apps available for that? Huh
8  Economy / Trading Discussion / Re: trading is good for traders with passive mindset on: July 02, 2022, 02:26:16 AM
Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.
What kind of trading we are actually talking about because you said passive and also mentioned investing time and developing skills which I think about analysing the market deeper and build own strategies to make the money but this is for the short term traders right who has to spend more time for doing this then how can we call it as passive?...
9  Other / Politics & Society / Re: Politics and Investment on: June 30, 2022, 05:51:05 PM
snip~

 I did not really understand the explanation fully not I know why do I oh very well not the majority of which people today or people that is in public organisation all public government sector who embezzled funds like to encroach their money to avoid easy dictation because I believe that the major reason why government does not want the growth of cryptocurrency it is because of embezzlement of funds without being noticeable in their fiat currency account. Today I can say majority of rich people do investment or put in their money into cryptocurrency.
Is there any evidence to prove your statement which is bolded for you?

If I am not wrong not even 10% of the billionaires are against the crypto currency concept and the government why doesn't want the cryptocurrency monetary system is the decentralization not any other thing because if people adopts to the decentralized money system they lose most of their powers which no government really wants to happen.

And for the first statement you said the people who wants to hide their actual value from the government to evade taxes is keeping the assets into someone's name but they don't hold any control of it apart from getting paid which is most common in all over the world.
10  Other / Meta / Re: Enforce “grammarly ” like score minimum to post.. on: June 30, 2022, 04:59:46 PM
IMHO, this is the forum which is actually meant for interacting with others so grammar doesn't play a big role, a ship post can be created with grammatically correct and no error in spellings so I won't recognize a post without proper grammar as a good post, as we need is we can understand the context of the post and discuss further so that is what actually it should be.
11  Economy / Reputation / Re: What happens if someone mistakenly tags you a negative trust and dies? on: June 30, 2022, 03:05:11 PM
Trust ratings are irreversible, the red tag remains forever no matter how many positive trust you get after that until if there is any change in the trust feedback system but once it was trust score which is different from now.

Anyway the chances of giving red tags with no proper reason is less likely to happen or if it happens then the user can come up with a thread regarding and seek for the actual reason.
12  Economy / Exchanges / Re: Coinbase is Detaining My Bitcoin Past the Withdrawal Date on: June 30, 2022, 09:21:33 AM
I bought a couple thousand dollars worth of Bitcoin from Coinbase on June 18. Some of it was available to send to my hardware wallet immediately, but $1,000 of Bitcoin was kept on Coinbase. They sent me an email claiming that I would be able to send or trade the remaining amount on June 28.

Well, it's now June 28, and I tried to send the remaining Bitcoin from Coinbase to my Ledger wallet, and it tells me that I can send $0.00.

It's bad enough that Coinbase holds your Bitcoin for several days after you purchased it, which they should have absolutely no right to do, but it's downright enraging when you can't even send it when they claim that you'll be able to.

I'm now reluctant to buy more Bitcoin from these shysters (who haven't changed their antics one bit since they went public).

What do I do now to withdraw my remaining Bitcoin?

If you're buying bitcoin or any cryptocurrencies from exchanges then these things can happen and also in the past users wait for weeks before they access the Bitcoin they purchased from coinbase especially wire transfer. As everyone said you have only choice left with is to contact the support but I am sure it will take atleast couple weeks to get the actual response from a real person so yes now you have to wait and they have all the responsibility to hold anything because this is centralized.
13  Other / Meta / Re: How do I get rid of Negative trust? on: June 29, 2022, 03:32:21 PM
Bounty telegram groups allows such kind of discussion? Pretty weird though because it is actually for the project related not to discuss about the negative trust. Anyway as already mentioned a lot of times in this thread you can't remove the trust or any other apart from the person who gave it to you.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: The new bounty stopped coming? on: June 29, 2022, 01:06:00 PM
Many may wonder why the new bounty has stopped coming in. I think the current state of the market and the collapse of the BTC have reduced prices by about two-thirds.  So no one is going to bring any new project in the field with risk because not only BTC or BTC but also BNB and Ether have come down in price.  No and the boundary is not new so you wait for the new one to come forward if it becomes normal as before hopefully it will become normal as before.  Wait time. Hope BTC will come back like before. Thank you.
They never stop, just go to ANN section and for sure you can find atleast 10 or 20 projects created everyday so even in the bear market they are trying to make money because creating the projects or announcing the bounty isn't really a big matter they can simply need few hundred dollars to do everything.
15  Economy / Gambling discussion / Re: An alternative to gambling with money. on: June 29, 2022, 02:46:17 AM
Even some of the gambling sites in this forum has such feature where we can bet with the money which isn't real and all the process resembles how it goes with real money but it doesn't really help with the addiction in my opinion, because most of the time the root cause of someone addicted to gambling is to make more money with less capital and less time so they aren't going to be interested with those games basically they will keep trying their strategies until they realize the gambling will never work in that way.
16  Bitcoin / Bitcoin Discussion / Re: Best time of the day to buy Bitcoin on: June 29, 2022, 01:50:43 AM
When its 4 pm here, its not same everywhere in the world so the article you're talking about isn't really effective unless you're talking about an exchange which is operated in only certain regions or probably matches with p2p like LBC and others. Apart from these there is no best time, right now is good to go all the time and make your purchase orders.
17  Economy / Economics / Re: Indonesia's new digital nomad visa allows tax free living on: June 28, 2022, 07:51:59 PM
Tax free, hmmm!!! Seems like the leaders recently learnt about how Dubai developed from dessert into one of the richest place but Indonesia can reflect the same? Even they didn't have jobs for the locals and most of the work in other countries for very less salary like even for $100 or 200 in my knowledge so they can't convince the rich people to invest there unless they built the infrastructure to begin with.
We cant really tell but this would really be depending on geographical location and its resources and its overall condition whether it would be ideal for company owners to put up business due to that tax free concern.

We cant really make out some conclusion that they wont really be able to make out some progress on this one but it isnt really that bad to have this kind of change and tending to go with the same step on what Dubai  did but lets see if this one would be effective or not.

Its really just hard to believe on having that tax free living considering on how taxes do plays a big role on economic development of a certain country
and we know that it is really totally opposing on such idea.
Dubai is nothing but a desert, yes they have oil resources but their main revenue generation is coming from the tourism than anything if I am not wrong so even in the next few decades we may not have anymore oil but still Dubai is going to exist because they predicted the future and build policies which encourages people to invest but repeating the same idea after few decades then in my opinion chances are less.
18  Economy / Economics / Re: Indonesia's new digital nomad visa allows tax free living on: June 28, 2022, 06:45:30 PM
Tax free, hmmm!!! Seems like the leaders recently learnt about how Dubai developed from dessert into one of the richest place but Indonesia can reflect the same? Even they didn't have jobs for the locals and most of the work in other countries for very less salary like even for $100 or 200 in my knowledge so they can't convince the rich people to invest there unless they built the infrastructure to begin with.
19  Economy / Economics / Re: USA dollar and USA economy are Not Same on: June 28, 2022, 12:43:52 AM
2022 Will be strong dollar but Not so strong Economy in USA.
Anyways Biden Don't care about as much as of People but Biden was sent to be president to save dollar.
To save dollar a lot taxes need to have.

USA dollar Will be the Next  3-4 years best asset You Can Ever have.

The World Elite Now try to save USA dollar but to do this the taxes around the world must go higher.

No More tax heavens all the money what is too much need to collect from the world.
Less money means stronger currency.
Once there is collected a lot dollars then can make intrset rates higher.

This way we all together can help save the USA dollar.
I Don't mind to cut my spendings if I can help to save the dollar as Long as I have
Usdc stable currency.
Or usdt coin.


USD or any other fiat in this world is having insane inflation rate atleast in the last 40 years or so then how can you say that USD is the best asset to hold at this time? No real investor will hold money in this time they will just go for anything safer at this moment to preserve their assets value but certainly its not the fiat you are talking about. And also one who has money then this is the right time for them to enter into the market either its stocks or crypto or anything whichever is in red for a while now.
20  Economy / Gambling / Re: risk of kyc on crypto casinos ? on: June 26, 2022, 05:03:41 PM
There is no guarantee that you will never be asked to comply KYC on an online casino even if there is no mandatory policies regarding registration, or withdrawal because every regulated casinos has their terms and rules where you can see people and residence from certain countries are not allowed to play there so if someone is winning a huge money then they have all the rights to ask about you didn't violate any of their rules to win the bet(s).
This is the truth these days. Before, we saw those casinos that were okay with no compliance prior to KYC. But today is different, everyone will be subject to it especially if you've got huge withdrawals and they'll have to ask you those certain information that they need to verify you as the genuine owner of that account and as well as them complying to their rules of operation. We'll never see today a casino that don't have the rules about questioning a user for kyc suddenly or the rights to ask the user a kyc.
But its understandable right? As you said mostly when there is sudden changes in the activity of an account will trigger the security system of a casino which may put the account on hold until the further process comes officially, yes its bit annoying but also it can save someone's money if the account accessed without authorisation from the actual user.
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