1441
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Bitcoin / Mining / Re: USB Mining
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on: July 20, 2023, 02:15:58 AM
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Where have you heard or read about this USB bitcoin miner? For you to mine Bitcoin, you need an ASIC miner and that's not as little as an USB.
Right here, on this forum maybe? https://bitcointalk.org/index.php?topic=5355470.0Later, when Bitcoin mining comes to GPUs or FGPAs, ASICs, you can not return to mine bitcoin with CPUs or USBs.
Why not? If the USB miner is using bitmain S9 or s19 chips, what's stopping you from mining? You need to differentiate between a CPU or GPU which are standalone units and USB which is a standard for connectivity.
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1442
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Bitcoin / Bitcoin Discussion / Re: Days you need to work your ass at minimum wage for a BTC, by country
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on: July 20, 2023, 12:23:47 AM
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Supposing it's ₱610 and the price of BTC in PHP right now is ₱1,635,564.73, a minimum-wage worker would only be working approximately 2,681 days to achieve 1BTC.
And you're going to work every day of the week, 30 days out of 30? The table takes into account the maximum working hours also, it's derived from the minimum wage a worker can get with the minimum required of work a week. So it's (1635564/610)*7/5 so 3,753, pretty close to the table at 3,862. Yeah, I should have added it includes resting days but the title won't let me so I'll add in the OP! Regarding your mentioned countries, I must point out that your statistics may not be all right as for instance, you mentioned that 1 bitcoin which currently trading at $30k and in Algeria we don't use the bank's foreign currency exchange rates.
I intentionally left out a few countries from the minimum wage table where there were * about the rates and the numbers really didn't seem right, but in most cases when I saw them around countries in the same region and roughly the same GDP per capita I let them slide. I have serious doubts about Argentina now that I'm double-checking the ranking! Funny yet so sad and choking to realize how unfair wealth distribution is all over the world.
The sad part is that Bitcoin won't change a thing cause, as you can see it's not the poorest of the poor in poor countries that can afford to invest enough to change their life ina meaningful way!
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1443
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Economy / Economics / Re: Why is it easier for an E-hailing company to move into food delivery?
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on: July 20, 2023, 12:11:21 AM
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And as we know, Uber is an E-hailing company however, they have spread their business tentacles into food delivery.
The question for discussion is, Any companies similar to Uber Eats that do the same thing.
And as we know, Uber is an E-hailing company however, they have spread their business tentacles into food delivery.
The question for discussion is, why is it easier for an E-hailing company to move into food delivery than for a successful restaurant to add E-hailing services to what they do?
A perfect example would be KFC moving into E-hailing services. than for a successful restaurant to add E-hailing services to what they do? A good example would be KFC moving into E-hailing services.
I think your Uber Eats driver got your wrong order of mushrooms! That or your cat cracked your windows password again!
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1444
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Bitcoin / Bitcoin Discussion / Days you need to work your ass at minimum wage for a BTC, by country
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on: July 19, 2023, 11:48:48 PM
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I've grown a bit tired of all GDP PPP numbers, all the Gini index, and since we are on Btcointalk we should probably focus on Bitcoin prices and how to get your coins (other than gambling our life savings) here is a table on how many days of minimum wage work you have to ...let's say survive to get a coin. This of course is assuming you don't spend a penny, and you survive on god knows what! There are a few countries missing as their minimum wage is either not set or it's irrelevant since it's so old everybody already earns 10 times more. Also, as a note, when you go over the 10 000 number, that's 27 years! LE: Second note, since the data comes from monthly wages in some countries those days include the resting days, so let's say it's the number of days you;re going to spend employed over the minimum wage! 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156
| Luxembourg Australia New Zealand Germany United Kingdom Ireland Netherlands France Canada Monaco Belgium San Marino South Korea Israel Austria Slovenia Spain Japan United States of America Andorra Taiwan Malta Lithuania The Bahamas Poland Greece Oman Hong Kong Macau Portugal Saudi Arabia Argentina Barbados Slovakia Czech Republic Romania Estonia Latvia Croatia Palestine Saint Kitts and Nevis Montenegro Hungary Antigua and Barbuda Palau Costa Rica Turkey Bulgaria Belize Ecuador Jordan Lebanon Uruguay Chile Trinidad and Tobago Marshall Islands Bolivia Paraguay Morocco Bosnia and Herzegovina Guatemala Colombia Panama Albania South Africa El Salvador Serbia Turkmenistan Seychelles Gabon Vanuatu Fiji Thailand Mexico Dominica Brazil Peru Ukraine Philippines Equatorial Guinea Malaysia Russia People's Republic of China Dominican Republic Mauritius Indonesia Azerbaijan Honduras Republic of Macedonia Kosovo Saint Vincent and the Grenadines Jamaica Kuwait Cambodia Papua New Guinea Iraq Guyana Tunisia Republic of the Congo Botswana Moldova Armenia Algeria Mongolia Laos Vietnam Comoros Nepal Nicaragua East Timor Chad Pakistan Iran Libya Uzbekistan Haiti Mauritania Lesotho Solomon Islands Nigeria Benin Afghanistan Central African Republic Kazakhstan Ivory Coast Cameroon Togo Burkina Faso Kenya Eswatini Myanmar Senegal India Angola Niger Mali Bhutan Sri Lanka Zambia Sierra Leone Mozambique Ghana Uganda Guinea-Bissau Madagascar Malawi Tajikistan The Gambia Democratic Republic of the Congo Bangladesh Tanzania Kyrgyzstan Syria Cuba Sudan Venezuela | 341 345 350 371 405 435 439 451 454 455 456 514 522 556 630 641 661 677 726 735 915 974 996 1,003 1,009 1,018 1,067 1,091 1,098 1,102 1,141 1,223 1,239 1,257 1,261 1,265 1,387 1,543 1,548 1,568 1,579 1,714 1,718 1,733 1,755 1,782 1,823 1,840 1,872 1,982 2,025 2,038 2,052 2,055 2,373 2,632 2,690 2,700 2,740 2,773 2,791 2,823 2,867 2,952 2,983 3,000 3,033 3,193 3,336 3,373 3,380 3,388 3,401 3,528 3,554 3,746 3,807 3,831 3,862 3,922 4,109 4,138 4,145 4,191 4,314 4,471 4,497 4,525 4,529 4,538 4,549 4,559 4,563 4,704 5,249 5,292 5,434 5,475 5,621 5,665 5,815 6,128 6,162 6,190 6,322 6,882 6,900 7,185 7,271 7,935 8,436 8,495 8,774 9,367 10,519 10,799 11,151 11,454 11,736 12,153 12,659 12,762 13,337 13,739 13,826 13,949 14,465 14,600 15,598 15,778 15,847 15,962 16,246 16,516 16,846 17,776 17,980 18,159 18,372 19,043 19,909 25,289 25,704 26,578 29,122 41,165 41,321 43,281 49,773 51,651 52,392 67,593 114,063 248,864 842,308 1,095,000 |
Seeing those numbers, do you feel like flipping burgers for a minimum wage? Cause here is some trivia, at the average 300 burgers you might prepare at a Mcdonald's in a shift, in countries like Lesotho you will have to serve each citizen in the country one hamburger more than once till you get your BTC. In Gambia it will be 10 hams to each citizen! !!!!!Update as the 10th of February at price of $47500 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156
| Luxembourg Australia New Zealand Germany United Kingdom Ireland Netherlands France Canada Monaco Belgium San Marino South Korea Israel Austria Slovenia Spain Japan United States of America Andorra Taiwan Malta Lithuania The Bahamas Poland Greece Oman Hong Kong Macau Portugal Saudi Arabia Argentina Barbados Slovakia Czech Republic Romania Estonia Latvia Croatia Palestine Saint Kitts and Nevis Montenegro Hungary Antigua and Barbuda Palau Costa Rica Turkey Bulgaria Belize Ecuador Jordan Lebanon Uruguay Chile Trinidad and Tobago Marshall Islands Bolivia Paraguay Morocco Bosnia and Herzegovina Guatemala Colombia Panama Albania South Africa El Salvador Serbia Turkmenistan Seychelles Gabon Vanuatu Fiji Thailand Mexico Dominica Brazil Peru Ukraine Philippines Equatorial Guinea Malaysia Russia People's Republic of China Dominican Republic Mauritius Indonesia Azerbaijan Honduras Republic of Macedonia Kosovo Saint Vincent and the Grenadines Jamaica Kuwait Cambodia Papua New Guinea Iraq Guyana Tunisia Republic of the Congo Botswana Moldova Armenia Algeria Mongolia Laos Vietnam Comoros Nepal Nicaragua East Timor Chad Pakistan Iran Libya Uzbekistan Haiti Mauritania Lesotho Solomon Islands Nigeria Benin Afghanistan Central African Republic Kazakhstan Ivory Coast Cameroon Togo Burkina Faso Kenya Eswatini Myanmar Senegal India Angola Niger Mali Bhutan Sri Lanka Zambia Sierra Leone Mozambique Ghana Uganda Guinea-Bissau Madagascar Malawi Tajikistan The Gambia Democratic Republic of the Congo Bangladesh Tanzania Kyrgyzstan Syria Cuba Sudan Venezuela | 540 546 554 587 641 688 696 715 719 720 722 814 826 881 997 1,015 1,047 1,072 1,150 1,163 1,278 1,448 1,542 1,577 1,588 1,598 1,612 1,689 1,727 1,739 1,745 1,806 1,936 1,961 1,991 1,997 2,003 2,195 2,443 2,451 2,482 2,501 2,714 2,720 2,745 2,778 2,821 2,914 2,964 3,138 3,206 3,227 3,249 3,254 3,757 4,168 4,259 4,276 4,338 4,390 4,418 4,470 4,540 4,674 4,723 4,750 4,803 5,056 5,283 5,341 5,351 5,364 5,384 5,586 5,627 5,931 6,028 6,066 6,116 6,210 6,506 6,552 6,562 6,635 6,831 7,079 7,120 7,164 7,170 7,185 7,203 7,218 7,224 7,447 8,311 8,380 8,604 8,669 8,900 8,969 9,207 9,702 9,757 9,801 10,010 10,897 10,925 11,376 11,512 12,563 13,357 13,450 13,892 14,831 16,655 17,098 17,655 18,135 18,583 19,243 20,043 20,207 21,118 21,753 21,891 22,086 22,903 23,117 24,697 24,982 25,090 25,273 25,723 26,150 26,673 28,145 28,469 28,752 29,090 30,152 31,523 40,040 40,698 42,081 46,110 65,179 65,425 68,528 78,807 81,781 82,955 107,022 180,599 186,425 394,034 1,333,654 1,733,750 |
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1445
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Economy / Exchanges / Re: coinbase commerce bitcoin withdrawal status ready
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on: July 19, 2023, 10:30:16 PM
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Are you having a coinbase commerce related problem or it has to do with the mentioned unknown website? perhaps both?
He has a spam problem. His other message is the same, with a hidden link in the text that has nothing to do with the subject, unfortunately common practice around spammers lately just as editing posts later on and adding links when their post is not on the last page anymore and nobody is seeing it to report. Don't bother with them more than that, report and done!
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1446
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Economy / Economics / Re: China reopening was a flop, if we're heading to deflation, what about Bitcoin?
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on: July 19, 2023, 10:16:53 PM
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Bumping this with another I told ya: China’s risk of deflation is ‘serious’ — one economist says it’s ‘time to act’ https://www.cnbc.com/2023/07/18/china-deflation-fears-add-to-growth-concerns-wall-street-downgrades.htmlNow, there is some info here that might surprise, some, for example, the GDP growth was 6.3% from a year ago and missing the expected 7.3% , it might sound a lot but it comes over the results from 2022, when the growth was 0.4%, so it's more like a rebound from a period of nothing than actual growth. Much like every country exiting covid restriction went and had a +5+10 % growth. And this is where it gets troubling: This also marked a 0.8% growth from the first quarter, slower than the 2.2% quarter-on-quarter pace recorded in the first three months of the year. “Nominal GDP growth turns out to be lower than real GDP growth in Q2, the first time since comparable data are available in Q4 2016,” said Zhang Zhiwei, Pinpoint Asset Management’s president and chief economist. “This indicates that risk of deflation is serious.” And here it gets dangerous: Chinese banks extended 1.81 trillion yuan ($258.23 billion) in new yuan loans in June, up 22% from May. The bank keeps injecting money and there is no sign of inflation but serious dangerous of deflation and no wonder other authors have had the same thought as me and instantly thought: Japan! China’s corporate woes are narrower than ‘Japanification’ fearsInflation keeps going down in the EU and US, the UK has shown some really sharp drop, pretty soon they will be in the 2%-3% area and right now there is nothing stopping them either, China is already at the brink with 0.2%, there is nothing right now that can stimulate consumption, there is nothing to stimulate spending, and money printing won't solve the things either, besides nobody really wants to cut those rates anyhow. This is going to be pretty interesting, it's going to be the first time in ages major economy would enter deflation since Japan did so everything is on the table.
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1447
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Economy / Service Announcements / Re: Turn Bitcoin into prepaid cards
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on: July 19, 2023, 07:57:02 PM
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Searching Airwallex website on Google leads me to https://www.airwallex.com/ but here I can't find the service for converting Bitcoins into prepaid cards. They've copied the website not the business! https://www.airwallex.com/eu/who-we-areAnd airwallex doesn't offer vitural cards like that because every single operator who will just handle virtual card numbers right or left witouht KYC will get its license suspended, we had a ton of those happening especially with shady lithuanian and maltese providers. Actually, i would be interested to know the legit site which offers this service, if there is any? Legit, safe, and with no KYC? Not really!
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1448
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Economy / Economics / Re: AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg
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on: July 19, 2023, 07:30:24 PM
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I would like to stick to the old one. I mean cryptocurrency. AI is a new technology and it hasn't been around for long like cryptocurrency. AI is a fascinating technology not gonna lie, but just as always, trends tend to fade away after some time.
AI has been around since the 60's and saw billions in investments in the 80s, it's the complete opposite, cryptos are the newborn in this instance! Also, AI has been around us for decades and you use it even without knowing, Google searches and recommendations are AI, games are driven by it, and drones and toys have it, virtual assistants have been around longer than crypto, and so do programs in every field from finance to agriculture some people misunderstand and mislabel things, they think of AI as something that only answers questions or does stuff for you when you order a human-like robot to do so when the field is actually enormous. And let's not even mention the fact that the article said AI and robotics!, and that's something that basically exists in every single line of production right now!
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1449
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Economy / Economics / Re: Russia and others, move to use Yuan instead of dollar.
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on: July 19, 2023, 07:10:27 PM
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Try to understand that to stop plundering the rest of the world is not a disaster, but a normal state of affairs.
Wow, is Russia going out of Ukraine and Georgia and Moldova and returning Konisgberg? Great news, thanks for letting me know that the invading orcs are going back home! With products like a phone, there is always competition. If you manufacture a phone inside US and have to sell it for $5000 while China manufactures the same exact thing but for $500 you simply can not compete and nobody is going to buy the $5000 domestic phone! Not to mention that they won't even be able to afford to pay that much even if there were no alternative!!!
That's why Huawei can't make a 5g phone without US chips? So China also retaliates by screwing US, for example they dump $175 billion of the US bonds they were bag-holding, they join the dedollarisation wagon, they respond to the tariff war with tariff of their own, they disrupt exporting goods to US to disrupt their market, they manipulate the energy market to keep the prices up and damage US economy, they reduce or stop export of raw materials, and a lot more...
And when you wake up you see that you just had a wet dream again like you had for 3 decades, it might be the case that you need to let go of the anti-US propaganda and deal with facts, just as you like to deal with good old and valuable us dollars instead of shitty rials and yuans.
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1450
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Economy / Economics / Re: AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg
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on: July 19, 2023, 06:50:25 PM
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Although I do think both technologies can benefit each other mutually (like Fetch token and others), AI use cases looks much more wider to me.
Does an AI company need to launch a token in order to have an AI product? NO! Do these hype token issuers first launch the token and then think of the actual product? YES! So, what's the point of investing in those tokens that just go up and down by the market hype and do not relate to the actual product or company one bit? I see those tokens as nothing more than the usual wave of shitty ICOs when every single thing that made the news suddenly had a token for it, car sharing, home rentals, mining, agriculture, pharmaceutics, every single time we had some tokens for it, and they all went to dust! This will happen to those also! Do we actually have one, just one real success story? It's pretty normal for people would invest in robotics and AI, there is an endless market building for those products, and the usage of tokens and altcoins is, let's just say limited if not worse. The crypto market is getting oversaturated, and previous experiences are not really helping at all.
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1451
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Bitcoin / Hardware wallets / Re: Bitcoin Hard Wallet Point of Sale
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on: July 19, 2023, 06:27:55 PM
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Operation: The hard wallet stays in a private vault in a secure location and a web based Point of Sale Kiosk presents the QR code total to the customer.
You've just described what every single real seller does, do you imagine they are carrying around PoS with the hardware wallets on it and the private keys there? They just have a listening function that detects the payment from x has been made to the y address displayed and the value matched. Besides most sellers are interested in swapping directly the coins for $ to not get screwed by the fluctuations in the markets, so they don't touch the coins at all.
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1452
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Economy / Economics / Re: Russia and others, move to use Yuan instead of dollar.
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on: July 19, 2023, 05:17:41 PM
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But if the UAE is buying something from India, why would they use the US dollar? The practice of bilateral currency swaps in national currencies will continue to develop, increasing the share of national currencies in world trade and reducing the share of the US dollar. The United States will have to get used to living within its means.
You do know the UAE dirham is pegged to the value of the USD, right? So basically you're just dealing with USD value, it's like saying using tether will lead to the collapse of the USD! Although many people still do not accept the fact that the USD is fighting to lose its position, that is what is happening in the international trade market.
And yet, despite all this, every single one of those commenting here about the death of the dollar is in a signature campaign that pays in $ equivalent, not in yuans not in rubles not in rupees! Why is that?
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1454
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Economy / Scam Accusations / Re: Iceriver.io Review of SCAM website
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on: July 19, 2023, 04:20:07 PM
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LE This is what I get from saving drafts and then posting the wrong one I started looking things up and found some facts.Supports that the cn.com domain is legit: That's not a fact that's a post by somebody saying something without providing facts! A fact is this thing: https://whois.domaintools.com/iceriver.cn.com/63 days old Created on 2023-05-17 https://whois.domaintools.com/iceriver.io145 days old Created on 2023-02-24
How can it be that the official website is 80 days younger than the "scammer"? LE>> Ok, rogue employee but the website is still up, the bank accounts are the same, all social media is still up, and the so-called original company is just setting up a website and that's all? Let's be real here, if you were in their situation what would you have done? I would have set up a youtube account filmed my warehouse, my company, and the mines with their serial numbers, and shown complete proof I'm the real owner, not just posting on some Reddit sub, right? And being a subreddit mod that says they've received info but they won't publish a thing, what credibility do they have? A mod in reddit comes like a dozen a dime, 5k sub, lol, there's no way I would trust that guy over some other random dude on the net! As far as I can tell they could be both scammers, but somebody keeps getting those kaspa miners, so one of them is legit but at the same time it makes really no effort to prove it.
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1455
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Economy / Scam Accusations / Re: Idmining.com is hellish scammer
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on: July 18, 2023, 05:05:31 PM
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It is a crazy world where this site is still active and scammers are stealing money from new people.
Why are so surprised? Did you file a complaint against the website operators for fraud with your local police or cybercrime? Did you contact their hosting provider or domain name registrar and tell them how you've got scammed by that website? Until a few do so nobody will take action since the one who can do something can't act on their own or don't know about it at all!
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1456
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Other / Meta / Re: The problems newbies face
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on: July 18, 2023, 04:20:09 PM
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Normally newbies who just join this forum
Yeah, bs! Normal newbies are not opening topics left and right telling others about crypto trading, crypto security, advantages of blockchain and stuff like that. Normal newbies don't open topics with the opening post in almost perfect English and then suddenly revert to posting unreadable gibberish that makes no sense in other topics. Normal newbies do reply to the comments on the topics they've opened, they don't just throw the bait and wait for a merit fish! The whole thing is getting ridiculous, the forum is bombarded with topics opened by accounts that have spent barely anytime here teaching others everything, from personal motivation to how to succeed in agriculture, how to live a fulfilling life, how to secure your wealth, how to deal with family issues, the only thing I haven't yet seen is drug addiction advices. gaining merit .
That's the real problem, right? Also, newbie...right! Newbie!
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1457
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Economy / Speculation / Re: $31450 proves too strong for Buyers, but Sellers may only dominate below $29400
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on: July 18, 2023, 03:55:55 PM
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I guess you read the post in a hurry, I proofread my posts many times before posting them. Regardless, your query has been addressed earlier above the place you picked it, that's for those who read it from the beginning since there are ATHs of the same year before and after the one I referred to, which was why I used "before the subsequent ones" as seen in my quote below.
It doesn't matter how many times you proofread them, if the idea is faulty it is what it is. The ATH was already broken, even if you mentioned it so why would the previous ATH still matter in this whole thing, if you take it as an example of how the price reacts after it then simply go one further ATH back and see that is doesn't resemble this cycle at all, so what's the point fixating on it when it's no longer the ATH, there is no resemblance to the previous situation where we had two consecutive ATH broken, sooo ...they are just random lines that currently don't mean a thing as you can see from the price! Your words: These two lines are the $31450 (the year's ATH established in June) and the $29400 (where the correction of June's bullish run ended). By principle, both levels have constituted strong barriers that need to be broken before a trend could be established. Since the lines were broken once, why didn't this "trend" manifest already? Besides, the whole thign is silly, if it goes below or above a few liens it will either go up or down from there, I swear even Nostradamus was more precise with his predictions. Meanwhile, buyers and sellers could still be dragging the trend within the wider scope of the trend depending on the term you are looking at (short/long).
So if it goes up or down from those lines the price might go up or down and in case it doesn't cross the lines the price will keep between those levels, right, unless it will go above or below one! Now you see the problem with your "prediction?
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1458
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Economy / Speculation / Re: $31450 proves too strong for Buyers, but Sellers may only dominate below $29400
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on: July 18, 2023, 11:29:23 AM
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On a closer look at the market today, this might continue, but two important levels could change the narrative in support of either the buyers or the sellers. These two lines are the $31450 (the year's ATH established in June) and the $29400 (where the correction of June's bullish run ended). By principle, both levels have constituted strong barriers that need to be broken before a trend could be established.
Even your graph clearly shows that's not the annual ATH, the current one happened on the 15th at 31665 (average) and 31656 right there on the image you used! So the trend is already broken! However, more attention is on the $31450 as buyers seem to be gaining more traction compared to the lower level of $29400 which has not been threatened since the last day in June. Regardless, more sellers seem to be piling up around $31450, which could only explain why the market has not had a single close above the level in the last 24 days despite all the attempts of the buyers and some positive news. Those two things contradict themselves, you can't have both of them increasing their presence compared to the other one. A similar situation has been seen many times in the past, and as if it were yesterday I remember 2015 and how the price was stuck between $200 and $250 and everyone was waiting for something to happen since it was also the year that preceded halving. If memory serves me well by the end of the year (2015), the price reached about $1000 and few were optimistic enough to predict what followed.
You don't have to go that far, the same thing happened at the end of last year, we were stuck in the same pattern only for something completely unpredictable to happen, nothing to do with price levels or barrier or ATH, one solid pump in 3 continuous days and we were up 25%, the only thing I learned about Bitcoin price prediction is that the more lines and arrows you try to put on a chart more effort the ghost of Satoshi will put into making sure the price avoids all your lines and fancy drawings.
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1459
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Bitcoin / Bitcoin Discussion / Re: Beginners, you don't need Bitcoin first
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on: July 18, 2023, 09:37:47 AM
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You don't need Bitcoin first, What you need is a JOB, work on that first.
Yeah, nicely said, although one should add that bounty hunting is not a job! I understand your point that bitcoin investment is solely for the financial buoyant people and it is true because of the volatility it possesses. But I wouldn’t say people without much Should stay away from it. They can simply use it as a trading method to buy things.
People who don't have the capital to start over again if they fail 10 trades in a row or are unfamiliar with trading at all should simply stay away from it! The whole investing and trading scheme is pretty simple, it's money moving around, when yours go away they are in somebody else's pocket, when you score it's the opposite. And most of this money flow comes from newbies and guys who think that just because they got lucky 5 times in a row with a shitcoin they can do so forever when it's just luck mistaken as knowledge! Just like not everybody can fix a broken fridge not everybody can trade successfully!
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1460
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Other / Beginners & Help / Re: Flash BTC transactions
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on: July 18, 2023, 09:27:28 AM
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After some hours, the post got banned , no idea why . Because it's a scam advertised by a group of scammers that constantly spam social media with their "solution". The solution involves paying upfront 10 BTC for a plan in which you can send up to 100 BTC and get it back (lol) in 6 months. Needless to say that it doesn't work and for sure you won't be able to get a refund from one of the lazyest scammers ever! Because, although it may be only a scam, what would be some arguments for oppositely proving the impossibility of these Flash transactions? Apart from the technical things everyone already mentioned, don't you find it interesting that we have no record of such a thing happening at all, and we should at least have one instance of it from the developers of this solution at least, when they've tested their method.
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