1341
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Bitcoin / Bitcoin Discussion / Re: The Relationship between social media and Bitcoin
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on: June 28, 2023, 05:02:38 PM
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Bitcoin did not spread because of social media, but rather because it provided a solution to an economic problem, whose features began to appear in the year 2008 accompanying the mortgage crisis, urging that Satoshi did not pay much to promote this technology, unlike what is happening now, for example, TikTok paid more than a billion dollars in one year To promote and advertise, something that has not happened in the history of Bitcoin. If your service is good and solves a problem, it will be lucky to spread for free.
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1342
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why most premined coins (>90% of all altcoins) will eventually fail
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on: June 28, 2023, 04:25:57 PM
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More than 90% of any altcoins you mean, there are currently 26,040 altcoins, 10% of which represent more than 2k altcoins, and I am sure that if we put a prize of one million dollars to mention the names of these currencies, no one will be found. If we say 99% and round the number to the best 100 altcoins, then even these coins have no chance of remaining in this list within 5 years, so the currencies that deserve to be called alternative currencies are less than 20, those coins that work uniquely and are not a hard fork or simple modifications.
Ethereum maintains its value because of some investors who have lost hope in buying 1 bitcoin and therefore they are trying to buy any currency hoping to get rich quickly.
If we specify additional criteria, even the 20 altcoins may be reduced to less than 15.
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1343
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Economy / Exchanges / Re: Kucoin to introduce mandatory KYC
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on: June 28, 2023, 04:16:14 PM
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It's sad news, KYCless exchanges have started to become less and less, and the options offered may not be as good as the previous ones, as OKX seems to be on its way to making identity verification mandatory. What prompted them to suddenly make this decision, they have held out for a very long time, longer than most platforms, and I have not heard any lawsuits forcing them to do so, so why now? The price of bitcoin is not that high and depositors' requests are much lower than it was in the year 2021/2022.
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1344
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Bitcoin / Bitcoin Discussion / Re: My bitcoin journey mistakes and moral lesson
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on: June 28, 2023, 04:03:04 PM
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The focus of the conversation is about the forum, but it has nothing to do with bitcoin and the forum. It is true that the forum is a good place to get knowledge, but there are many places through which you can learn about bitcoin and invest well. You have YouTube GitHub and many sites from which you learn trading, technical information and a lot.
It is not too late, you can start now, and invest a little, and in 3 years it will multiply 4 times, and then you sell it at the highest peak and buy at the bottom. This is about 12 times the investment, which may equal a large amount in the coming years.
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1345
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Economy / Speculation / Re: Will another ETF be immediately bullish for Bitcoin?
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on: June 28, 2023, 02:03:30 PM
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Bitcoin ETF is a kind of legal tint, and we are talking about a legal tint in the United States that will allow institutional investors to invest in the United States in bitcoin. As we note, the regulatory news reflects positively on the price, so it is expected that we will witness a rise in return. Ideally any new product won't be launched until price reaches $40K to $50K levels at a minimum, so that a correction doesn't threaten recent lows. But otherwise I imagine it will be the same old story of "buy the rumour sell the news", with a potential long-term bullish effect on Bitcoin but only after a short-term negative effect that becomes the catalyst for a considerable correction in price.
No need to quote futures here as we already have Canadian Cryptocurrency ETFs that we can compare to the price of Bitcoin. I expect the rise to be limited to 30% as a maximum in short term, according to the market situation and the strength of the resistance level at that time, and I expect it to be sometime in the year 2024.
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1346
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Economy / Economics / Re: Fast Transportation Makes Economic Turnover Faster
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on: June 25, 2023, 07:54:47 AM
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The real development is not in delivery, but rather the citizens' use of jet suits that enable them to fly, just like in science fiction movies. If this happens, many industries will end, such as the manufacture of cars, bicycles, roads, and bridges, and the demand for oil and labor will decrease, especially if those suits are capable of flying and shipping using energy solutions. alternative or electricity. It is an industry that will change the history of many industries, not to mention delivery. I hope that we will live for the day that witnesses the development of this industry.
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1347
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Alternate cryptocurrencies / Altcoin Discussion / Re: What tips you will give to a new investor to identify scam projects early ?
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on: June 25, 2023, 07:30:13 AM
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The main indicator is that the project is good to be real, those projects that promise the user a lot of tokens, most of the distribution of currencies is short-term, the focus is on paying for advertising and advertising, the developer team controls a percentage of the assets, and there is no long-term plan or thinking to solve a problem.The currency is not required to be scam to avoid it. If it was a failed investment, then it and scam coin are the same, you will lose your money.
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1348
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Bitcoin / Bitcoin Discussion / Re: Newbie Crypto Advice
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on: June 25, 2023, 07:14:38 AM
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Go for a low-risk investment and settle for 5% annually instead of trying to risk a high-risk investment without technical knowledge and without willingness to learn, and then you may achieve a return or not, but in the end the psychological damage of losing your money will remain greater, especially when you are at this age.Do not believe ads that tell you a quick return on investment, and if you intend to take risks, investing 10% of this amount in Bitcoin is sufficient.
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1350
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Economy / Economics / Re: Is it painless to control a multitude???
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on: June 25, 2023, 01:06:35 AM
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There are several types of leadership, some of them tend to lead by force or coercion, and they depend on forcing others to submit to you. This type of leadership is based on frightening the people and they will obey you, but soon you will end up facing the people in the form of demonstrations or armed disobedience.Leadership that comes with cooperation and consultation is better, and in which everyone can favor the leader if he erred.
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1351
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Economy / Trading Discussion / Re: Met Beautiful Young Asian Woman On Dating Site To Teach Me Trading
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on: June 25, 2023, 01:02:53 AM
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When I see the account of one of my friends who suddenly asked to send him Bitcoin, I feel that the account has been hacked, let alone an unknown girl on the Internet asking you to invest in Bitcoin. This sentimental fraud is mostly from scammers trying to deceive you, taking advantage that you will trust an innocent girl who wants to help you become rich, while what happens is that they manage thousands of accounts and send thousands of people hoping that someone is stupid enough to believe them.
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1352
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Economy / Scam Accusations / Re: A Dumb way to scam forum members
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on: June 24, 2023, 11:58:44 PM
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It's the midnight thoughts that scammers may have hoping that someone is kind enough to believe what they say. And because they are lazy, they do not even want to compose the story themselves, but rather rely on artificial intelligence to compose stories that are closer to the truth. They will do anything to get a dollar.
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1353
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Economy / Currency exchange / Re: BUY/SELL cryptocurrency! (NO KYC)(Accepting 3rd payments)
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on: June 24, 2023, 12:01:55 PM
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I can pay you with SEPA instant transfer, PayPal, Skrill or Neteller and other popular ways.
Some of these services are reversible where you can cancel or reverse the transaction and claim that you transferred the amount by mistake while the transactions in Bitcoin are final. It will be difficult for you to find many people eager to buy from you, but the opposite can happen if you want to sell bitcoins for any service. If you can add non-reversible payment options, you will find better interest.
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1355
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Bitcoin / Bitcoin Discussion / Re: Lost coins redistribution
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on: June 24, 2023, 11:25:00 AM
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I propose a redistribution method: >If an address did not have any activity in let's say the last 100 years the address is considered lost and the bitcoins are free to be mined in the next block.
Who will be alive after 100 years, if we assume that you are currently 7 years old, then most likely she will not be able to know much at that age. This is the problem of future generations, not ours. one bitcoin can be divided into smaller categories, so we practically have more than 21 million pieces. we have about ~ 2.1e+15 Sat P.S. This would be a change in the consensus mechanism, I know If your proposal does not get consensus, which it assumes, you can do a hard fork, where you can modify whatever you want in the code.
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1356
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Alternate cryptocurrencies / Altcoin Discussion / Re: Introducing Altcoin (ATC), Ethereum's alternative to Bitcoin
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on: June 24, 2023, 10:00:26 AM
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It is stupid to think that Bitcoin has value only because its supply is equal to 21 million, or that any limited supply means that the price or growth will be an example of Bitcoin. You have a problem that everyone who wants to deal with Altcoin (ATC) will need to buy Ethereum, which is built on top of it, so it is impossible for it to be better than Ethereum, which is like saying that Bitcoin is better than the Internet. You can compare Altcoin (ATC) with Polygon or any smart contracts built on the Ethereum blockchain.
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1357
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Other / Beginners & Help / Re: Bitcoin Rural vs Urban Awareness?
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on: June 24, 2023, 09:42:51 AM
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I think that everyone who has had a previous experience in dealing with stocks or investment transactions will be afraid of bitcoin because it is something new and because there is a bad background about digital investments, whether it is Forex trading or buying stocks, in which brokers earn more than investors. I have a friend and he was surprised how you can increase your money without working, the rural areas strongly believe that you must work hard in hard work to get money, money cannot be obtained without effort or fatigue.
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1358
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Other / Beginners & Help / Re: Reintroduce myself and anonymously reading in the forum
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on: June 24, 2023, 09:18:44 AM
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Welcome, try to give less details about your personal life because you want to learn and not start an activity or something that needs to reveal your identity, and since you do not remember the username, can you remember the events related to Bitcoin during the year 2016? It will be interesting to listen to your stories because you know things that most of us do not know.
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1360
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Bitcoin / Bitcoin Discussion / Re: Disappearance of cash and bitcoin as an alternative?
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on: June 24, 2023, 03:38:41 AM
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This is not entirely true and paper currency is still a means of payment and for now ATMs have not disappeared and are still used in general in several areas freely.
Inflation and digitization may be among the things that led to the limited use of automatic teller machines (ATMs), I mean that these machines do not give a lot of cash, and with inflation, the value of money withdrawn is greater than that which these machines can absorb. Countries such as Brazil, Turkey, and Venezuela, which were affected by hyperinflation, will decrease. Where is the percentage of use of ATMs. In areas where there is no Internet, there are solutions for payment by EMS messages and some centralized solutions, which have been popular in some African countries. M-Pesa is a service that does this in Africa. https://en.wikipedia.org/wiki/M-PesaThe reasons for the need to transfer cash have decreased significantly, and reliance on banks has become a basic form.
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