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1581  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether to buy Bitcoin based on monthly net profits on: May 18, 2023, 04:00:06 AM
We all know that Tether only makes promises, so increasing their investment in Bitcoin only means that they plan to obtain more loans to misuse the money, as covering 85% of its total reserves is cash and US Treasury bonds is a claim that has not been validated, and thus the increase in the possession of Bitcoin Their hand will not solve the problem or enhance trust or transparency.

The increase in these crazy ideas means that we will see an explosion like Luna V2 soon.
1582  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Only 89 days left for Litecoin Halving event! on: May 18, 2023, 03:27:22 AM
I began to forget that altcoins work similarly to Bitcoin and that it has a halving. even Bitcoin Halving needed about a year to have a clear effect, and therefore we will not notice a change in the price at the present time.

Returning to this chart, it seems that the effect needs more than a year, but it is related to the upward movement of the bitcoin, and the bet is that the halving for one unit is sufficient to cause a change in the price that is not supported by historical evidence.

Technical developments will make a bigger difference, as they will increase demand in a short period of time and expedite the effect of the decrease in supply.
1583  Economy / Trading Discussion / Re: Biggest challenges of bitcoin... on: May 18, 2023, 03:05:38 AM
What cryptocurrency are you talking about,  there are thousands of cryptocurrencies, and many of them can produce more than one block within 100 seconds, and therefore using them will enable anyone in the world to conduct a transaction whenever they want.

Some protocols are centralized, so if we take Ripple (XRP) as an example, there is no problem of scalability as it is specially designed to process thousands of transactions continuously, but it is centralized and has one point of failure.

When you search for investment, daily use is not a criterion to determine whether this service is good as an investment or not, and the evidence for that is gold. It can be used as a currency, and yet we do not pay transactions with it daily.
1584  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is PEP20 preferred wallet address? on: May 18, 2023, 02:57:41 AM
I wanted to do a transaction on binance, i buy carlty coins with usdt, I try several times the transactions keep showing unsuccessful, only to figure out that the address must be pep20 binance smartchain. Why is this PEP20 preferred wallet address to others?
There are no major and fundamental differences between the centralized Binance exchange and the binance smartchain, as they are both centralized and some people can stop the network or reverse transactions as there are 21 validators with Proof of Staked Authority (PoSA).

Withdrawing from the wallet or keeping it on the platform is one, and perhaps withdrawing from the wallet is worse because you will bear responsibility for your money while they can freeze or reverse it without your permission.
After withdrawing for Bep-20 addresses, which is the cheapest in transactions, you can then transfer it to any other blockchain by bridges.
1585  Other / Beginners & Help / Re: What is importance of old bitcoins that woke up and moved in 2023? on: May 18, 2023, 02:46:40 AM
Most times such articles are built up to exert fears and tension among traders in the market, panicking to sell out based on what they have read. Some of these article company's have lost audience as it were and  therefore making up a subject as this to cause FUD among unsophisticated investors in bitcoin could attract a traffic wave for them among crypto enthusiasts .
No, most of them are click me for selling ads articles. FUD affects the price when there is a strange movement in the price, such as a 10% decrease. Here, the user will search for the reason for this decrease, and then he will see these articles, and he believes that it is the reason and sells, so the snowball begins to grow.
news like this at such random times is just to get views.
1586  Economy / Service Discussion / Re: Crypto Portfolio Grading on: May 18, 2023, 01:59:18 AM
Does anyone use platforms or services that offer crypto portfolio grading to evaluate the performance of a portfolio?
was used CoinTracker and still get a lot of spam from them for logging back in and enjoying the features.
Although CoinTracker is beautiful and has many features, I do not recommend it.
CoinGecko is the ideal solution for beginners, it provides you with a good feature to track currencies and the notifications work smoothly and you can use it from your phone or laptop alike, you only need to activate the notifications on the email.
1587  Other / Meta / Re: @theymos - Time to update the current Ledger situaion @ Important Announcements? on: May 18, 2023, 01:26:33 AM
Wait what? isn't a hard wallet self custody one? I never used one but if a third party has any control over the funds or their safety, people should dump them into trashcan. KYC for bitcoin wallet? Seems they are moving towards Eth foundation mindset.

There are many who think of bitcoin as an investment and are afraid even to keep the seeds, they think it is a big risk and therefore the idea of having a third party that enables you to get your money back will be attractive to many of these beginners.
It seems that most of the buyers of this HW are from these people, unfortunately the market is what moves these companies and not what you want.

KYC for bitcoin wallet? Seems they are moving towards Eth foundation mindset.

Ledger Recovery will contain a form of identity verification
1588  Other / Beginners & Help / Re: What is importance of old bitcoins that woke up and moved in 2023? on: May 17, 2023, 08:24:27 AM
The transfer of thousands of bitcoins from the year 2011 or 2010 has not been reported.
All old bitcoins you heard about in articles are from individuals and will not affect the market.
The oldest that has been heard is the coins that were hacked from Mt. Gox which was not fully distributed.

Do not listen to all these FUD related to this news, it is for ads clicks views and most of the analyzes are based on meaningless hypotheses.

its importance will return to individuals who will either become rich or increase their spending rate.
1589  Other / Beginners & Help / Re: WHAT OPPORTUNITIES DOES CRYPTOCURRENCY AND BLOCKCHAIN TECHNOLOGY OFFER? on: May 17, 2023, 08:00:40 AM
You can try staking and its idea is simple, which is that the currency that work on the principle of POS gives distributions every specific time in exchange for not moving your money and you can get a return between 2% to 15%, but I do not recommend it if you want to invest in Bitcoin as it is despite Good return, but the value of these coins does not rise well in the long run.

You can try trading which you may not need to be online where you can automate trading by trading bots.
Other than that, the buy-and-hold strategy works well.
1590  Economy / Speculation / Re: Wrong Predictions as price keep failing! on: May 17, 2023, 07:27:29 AM
Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?
Some facts that you should take into consideration before you make a price prediction:

No one can give you a good forecast for Bitcoin in the long term (more than 6 months).
All we can predict is based on the analysis of previous data, and it will be wrong due to the current economic changes.


Therefore, he understood it, the person was a professional in trading, so all he will tell you is the possibility that prices will reach that level with a low level of certainty, and given that the price will face a strong resistance barrier at 30k, and we may not witness more interest rate hikes. The level of 40k is possible, but the price will not continue above That level long.
1591  Economy / Economics / Re: Is the US default a reality? on: May 17, 2023, 07:18:33 AM
I think you are referring to the US default on its debt, which is linked to the debt ceiling crisis https://en.wikipedia.org/wiki/United_States_debt_ceiling, whose solution is political, not economic. So, will the US default on its debt? Absolutely not, because this is how the global banking system works.
Politicians will continue to argue until the last moment, and after making some concessions from one of the parties to avoid political damage, an agreement will be reached and the debt ceiling will be raised. Therefore, do not worry, even if the markets did not calculate any possibility of the United States falling behind, otherwise we would see strong corrections in stocks.

The pace of raising the debt ceiling is terrifying, and perhaps after 10 years we will see a real danger of continuous raising operations.
https://edition.cnn.com/2023/05/15/investing/premarket-stocks-trading/index.html
1592  Bitcoin / Project Development / Re: Crypto Incentive Program - Join Our Telegram Community! on: May 17, 2023, 06:53:19 AM
So you are offering a Ponzi scheme, whereby the user invites his friends and therefore they will automatically trust your group because of their trust in that member and suddenly everything disappears?
Making any user qualified for the bonus is something strange, so restrictions must be placed such as performing a specific task, a specific deposit, or something, but now it is a little suspicious.

The reputation of these groups is not good here, so it is better to post everything publicly with an address to donate to you.
1593  Economy / Exchanges / Re: Where can I exchange USDC to BTC with very little fees and fast? on: May 17, 2023, 06:16:20 AM
Yeah, If I withdraw other altcoins from binance to other exchange which has lower BTC withdrawal fee then the whole Process would take a long time (because I don't have account on the other sites), and on the other hand most of the exchange ask KYC, so it would be a wrong way to go where I did not have much time to investigate the exchange. Smiley

Not a lot of time, especially since you save a lot of fees, you open yourself up to a lot of options, and not all central platforms require identity verification.

I can show you a little map.

From Binance (USDC) to DOGE (fees $0.33 Min amount ($5.85 80 DOGE)
From OKX (DOGE) to BTC (fees $2.98 0.00011 BTC )
No-Kyc process

I don't know if there is an exchange that will give you the possibility to withdraw an amount of $6 and a fee of $2.
For  Instant exchanges you can access this list https://bitcointalk.org/index.php?topic=5218464.0
1594  Other / Meta / Re: @theymos - Time to update the current Ledger situaion @ Important Announcements? on: May 17, 2023, 06:04:49 AM
@theymos In the above situation, I guess, it would be worthwhile to give an update in Important Announcements and link it below the forum menu as Important Announcement for Ledger Users.

I think that board is like other boards except only donors/VIP/Staff can post, and it is not a bug/backdoor related to the open source Bitcoin wallet in the first place.
And if we go back to the number of views, it is the lowest compared to any other board. only 4004 views for last topic.
Posting there will not increase the awareness campaign for all.
1595  Economy / Trading Discussion / Re: Understanding the Basics of Trading in the Cryptocurrency Market on: May 14, 2023, 08:22:02 AM

5. Stay Informed: Finally, it's far important to stay informed approximately the modern information and tendencies in the cryptocurrency market. This will assist you're making informed decisions approximately whilst to buy and promote, and could assist you live in advance of the curve.
Stay Informed is a beautiful thing, but knowledge without learning is not worth anything. You must build your personal experience and learn from your past mistakes. These mistakes are what you will build your future ideas on, and then they determine the amount of your profit.
Trading is related to your experiences and what you learn more than a strategy or plan that you follow, it is the result of intellectual practice, mathematical analysis and a clear plan that you follow and understand the damages resulting from it.
1596  Other / Beginners & Help / Re: THE WAY FORWARD on: May 14, 2023, 08:16:58 AM
I just learnt about this forum from a brother I visited. Haven scrolled some posts here, I was impressed and interested in this crypto forum.
All I need is the way forward.
What exactly do you want to learn? To learn something, you have to be accurate in describing this thing, otherwise you will not learn. The forum is simple and easy to understand, the interface is a little outdated and there are several rules that you must follow and I will summarize them for you to avoid plagiarism, abuse of others, spam, and all activity that can lead to fraud. all rules can be found here https://bitcointalk.org/index.php?topic=703657.0.
Otherwise, you can express your ideas after you search for them and then ask them to correct them or add more information to them.
1597  Economy / Exchanges / Re: Where can I exchange USDC to BTC with very little fees and fast? on: May 14, 2023, 07:59:30 AM
You guys still can share some other trusted swap services with less fees, so that other people also can use them once they will need it like me.

You do not necessarily have to adhere to USDC(polygons)/BTC pair, but after using Binance you can withdraw using Ripple (XRP) currency to any exchange that have low withdrawal fees then withdrawal BTC from it.

you will get better exchange rate than Instant exchanges.


Low altcoins withdrawal fees are:

ADA
DOGE
SOL
ICP

you can find many alternative here Instant exchanges
1598  Economy / Trading Discussion / Re: My trading constitution. on: May 14, 2023, 07:37:22 AM
I see that many have responded above. Each one assumes what the word "profitable system" means, but we still do not know its meaning, or at least what @OP means.

It's like saying "In order to make a profit in trading you have to be smart, stupid people always lose" which is a correct sentence but what is the definition of intelligence and what is the criterion that determines smart from stupid?

There is no such thing as a "profitable system", as trading in itself is subject to profit and loss, and there is not always the possibility of profit, but there is always the possibility of loss, and therefore there is a "losing system", but there is no "profitable system".

profit and loss is making by probabilities of what the demand will be in the future.
1599  Economy / Speculation / Re: High tx fee has historically marked the sell-off. Is this time different?? on: May 14, 2023, 07:06:13 AM
What happened was repeated 3 times, and those times were related to the end of a cycle or the beginning of a price cycle, and therefore it is logical to understand that its impact was bad on prices by leading to a correction, but it is wrong to rely on it as a long-term influence.
At the end of 2017 when the fees went up, the price of bitcoin was much higher than it was at the beginning of the year. Likewise, the same thing in the middle of the year 2022.

As far as we can conclude that high fees mean that a short-term correction is expected, but it does not tell us anything long-term.

There is a small problem now is that we do not know whether the increase in fees will be instantaneous or sustainable?
1600  Economy / Economics / Re: The precondition for knowing when the Federal Reserve stops raising rates on: May 14, 2023, 06:46:46 AM
I hope to add the source and modify the images so that we can follow them with you. Reading the topic now is almost impossible.
I don't know where you got the data that the unemployment rate is so high, but I will use this source as a reference for the discussion.


Source: https://tradingeconomics.com/united-states/unemployment-rate

It is true that the rate of 3.4% is a little high, but it is much lower than the rates for the year 2022, when inflation was high, which means that the Federal Reserve’s policy of raising interest rates, which started from the same period, had a positive effect on reducing the number of unemployment.

I agree that the data still needs more months to judge its accuracy, but it is good compared to the state of the economy.
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