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2281  Bitcoin / Bitcoin Discussion / Re: I became Independent Because of Cryptocurrency on: December 09, 2022, 05:51:26 PM
I started making Money from crypto. I am And that was joy for me. Now I am making 100 dollars plus form crypto. That is enough for me.
It is good to hear about your achievement, but starting to achieve income or profit does not mean that you have become financially independent.
Earning money from trading is the first step, and then you need to double that money to reach a time when you have enough money to pay your expenses for a year, two or three, which cannot be achieved with $300 anywhere in the world.

You have taken the first step and there is a lot waiting for you.
2282  Economy / Economics / Re: Have Satoshi dream failed? on: December 09, 2022, 04:04:16 PM
Did Satoshi say we shouldn't pay taxes or that bitcoin is for tax evasion? The white paper stipulates ending dependence on a third party. You do not need to trust anyone to conduct transactions, which is different from the current systems that need to trust a third party.
  • Bitcoin is supposed to be decentralized, so Satoshi's vision no longer has meaning.
  • Even if Satoshi returns, he will not be able to change the protocol.
2283  Economy / Trading Discussion / Re: Are the Whales Control bitcoin price? on: December 09, 2022, 03:02:55 PM
we all know no one can controls the bitcoin price because bitcoin isn't like bank, stock and valas. but if the whales owned 51% of bitcoin, can do it?. if happen, does decentralization not exist?
it is POW crypto not POS, you mean hashrate?!
There is no absolute decentralization, there is centralization and decentralization and between them there are currencies, Bitcoin is more decentralized than all currencies, and so on.
As for the effect, if it is in the hash rate, more people can join or stop using the network, but it will affect the currency.
2284  Economy / Economics / Re: Use your money wisely. Invest or Deposit ? on: December 09, 2022, 02:59:15 PM
If I had that money, I would prefer a risk diversification policy by doing the following:

  • Keep 20% in the form of gold bars.
  • Keep 20% in the form of cash (mostly dollars, local currency or Swiss francs)
  • 30% investment in bitcoin.
  • 30% investment in real estate, stocks, or both.
After that, according to the country or date, the percentages may vary, increasing or decreasing by 10%.
2285  Economy / Economics / Re: Only one way to save people now on: December 09, 2022, 02:49:38 PM
Your deep faith in USDT confuses me, as it is a completely centralized currency, and is more vulnerable to collapse than the Lebanese pound.
If you think about it, just a few months ago, Luna collapsed dramatically, and all stablecoins are exposed to the same degree of risk.

Always follow the following facts:

  • Stablecoins are worthless, they are false promises.
  • Paper money has a value that derives from the power of the state, but inflation continues to lose its value.
  • Bitcoin is the best asset for long term investment.
2286  Economy / Trading Discussion / Re: Crypto Day Trading on: December 08, 2022, 04:45:07 PM
YouTube channels, educational videos and experts will not tell you that they lost money when trading because losing money is easy and no one wants to lose, but really no one can achieve financial exploitation at all times using day trading, it is a way to earn extra money if you learn how to manage risk and return from risk.

To begin with, stay away from the following thoughts:

  • Quick profit.
  • Earn large sums.
  • Use of leverage.

You can try to earn 1% every day, and after you make profits, you can try to invest in new things with those profits, not your capital.
Using leverage is the fast way to losing your money sooner or later.
2287  Economy / Trading Discussion / Re: New Atomic Swaps DEX on: December 08, 2022, 04:28:52 PM
I see that the code is open source, which gives a good first impression, but let's dig into the details:

  • Do I need to synchronize all blockchains for all cryptocurrencies? Or just for Monero? Bitcoin or what? If it is for all blockchains, then the scalability is bad.
  • Where is the liquidity provided? How is the price of trading pairs determined?
  • Can you talk in more detail about how to do cross-blockchain trading without wrapped tokens?
  • Since there are no additional fees, how was the project financed?
2288  Economy / Trading Discussion / Re: App for crypto indicators on: December 08, 2022, 10:50:20 AM
Here is the app: https://play.google.com/store/apps/details?id=com.kec.crypto.alert.indicator
For now, I just add RSI and MACD signals(that are the main signals that I am using for trading) and maybe MACD can be updated to work in multiple ways. If anyone has some suggestions I am open Smiley
May I know why you need an app? All platforms offer tradingview integration while trading, so you don't need a third party application.
I do not advise you to download such applications because it may lead to the loss of your money because many fraudsters design fake applications.

The famous and basic indicators are present in tradingview, after which you can develop your strategic plan.
2289  Bitcoin / Hardware wallets / Re: Ledger Stax (Ledger's latest hardware wallet) on: December 08, 2022, 10:28:41 AM
It follows the methodology of what the market wants. In the end, Ledger is a company that focuses on profits. Enhancing privacy is a problem for customers, whenever it is profitable, they will focus on it.

When people come to cryptocurrency community, they remember the banking systems, where you open an account and get a card that you can spend from, this device is an application of AIO, you will get everything in one device.

Is it worth this price?

It's almost the price of an average phone, with no extra features, and they haven't even tried to attract privacy-conscious individuals with a small privacy-related version.
2290  Economy / Economics / Re: From grace to grass:Reasons why a Well to do investor turned a nobody. on: December 08, 2022, 10:00:20 AM
Habits and activities are what transform a person from a stable situation to a bad financial situation. A person’s habits may be bad, but he has a high financial income that makes him achieve an economic surplus despite his poor financial situation.

This thing appears clearly in celebrities and children of rich families, as they live an extravagant life financially, but they have an income that is sufficient for these expenditures and achieves a surplus for them.

Economic changes: Violent economic changes usually lead to many changes in the economy, and whatever your economic strategy is, you will fail to maintain it.

Psychological factors: Sometimes reaching the top is boring, and the creativity that leads to financial problems disappears.

We can tell more, everyone has a different story.
2291  Economy / Economics / Re: Manufacturing orders to China down 40% in unrelenting demand collapse on: December 08, 2022, 09:30:02 AM
During the past three months, China has suffered from the consequences of Coronavirus pandemic in its most severe form ever. Many cities have been closed, and it is natural for the industry to be affected by these closures, especially as it follows the “zero-COVID” policy that the government is trying to continue with.

you can read China shifts away from ‘zero-COVID’ by announcing more easing measures


Going back to the above chart and taking into account:

  • Thousands of jobs are laid off in the United States.
  • High cost of debt.
  • economic uncertainty.

With what happened at the beginning of the pandemic, we will find that the numbers are more logical than geopolitical concerns or a shift regarding the nature of relations between the two countries.
2292  Economy / Speculation / Re: Will Bitcoin Price Hit $23,000 in Q1 2023? on: December 08, 2022, 09:20:35 AM
What is special about the $23,000? It is not a resistance level and it is not a turning point in the price. The turning points are 18000, 21000 and 25000. 23000 is just a price barrier at which the price may stop for a while, but it does not represent a point of change in the nature of the price.

Bitcoin can return to that price if:
  • The Russia-Ukraine war ended peacefully and the energy problem was resolved.
  • The Fed started pumping liquidity into the market and declaring inflation control.
  • A decline in the value of the dollar, or an increase in risk appetite.
  • Huge investments from institutional funds.
  • US ETF announcement.
2293  Bitcoin / Bitcoin Discussion / Re: US customers of Strike can send USD to Nigeria, Kenya and Ghana using lightning on: December 07, 2022, 04:59:46 PM
I did not understand the significance of Bitcoin here Huh, specifically the Lightning Network. If there is a change in bitcoin price, who will bear the cost difference? And why such suspicious solutions?

Ripple network contains a payment system that can be integrated into banking systems and can easily be used to transfer US dollars, as it will be converted into a stable currency linked to which transfers are made with low withdrawal fees.

  • If centralized databases consume a lot of fees, then services such as TikTok provide solutions without the need for blockchain.
  • There are better ways for these transfers to take place, but the use of Bitcoin here and the Lightning Network is incomprehensible.
  • How local currency exchange used
2294  Bitcoin / Wallet software / Re: [Tutorial] BlueWallet - Bitcoin Wallet Discussion on: December 07, 2022, 04:40:05 PM
Bitcoin Wallet is the best for ISO but not for android.

Quote
Many good mobile versions of Bitcoin wallets have been recommended by friends on this bitcointalk forum such as Trust Wallet, Bitcoin Wallet, Mycelium Wallet, Samourai Wallet, Hedge Wallet and others .

We cannot compare it with Trust Wallet because it is not multi-currency.


advantages:
  • They have a bad definition of "Vault," it is a multi-signature address and therefore there is no additional security feature, but rather increased risks, especially for beginners.
  • The wallet does not focus on privacy, and there are better privacy wallets such as Samourai Wallet.
  • I didn't like the user interface.
  • The wallet crashes in Huawei devices and this issue has not been resolved.

Disadvantages:
  • Good lightning support.
  • Simple for anyone who wants to use bitcoin rarely.
2295  Local / Débutants / Re: Que sont les bridges et s'appliquent-ils aux bitcoins? on: December 07, 2022, 03:52:56 PM
La plupart des pirates qui se sont produits ces dernières années étaient à cause de ces ponts, qui ferment vos devises et vous donnent des devises qui ont la même valeur que vos devises, mais elles sont sous leur contrôle.

La plupart du temps, ces ponts ont des failles, et parfois les mêmes développeurs profitent de ces failles pour voler l'argent des clients et prétendre qu'un tiers les a piratés.

Il n'y a pas de véritables ponts entre le Bitcoin et les autres altcoins.
2296  Local / العربية (Arabic) / Re: ايطاليا نحو فرض ضريبة جديدة على الكريبتو on: December 07, 2022, 03:36:20 PM
لم اقرأ تفاصيل القانون ولكن اذا كانت الضرائب علي التداول وعلي التعامل بالعملات الررقمية فهي ليست بالمشكلة, فمثلا اذا كنت تقوم بشراء البيتكوين كالاتي:

  • DCA:اغلبنا يفعل ذلك حيث نقوم بشراء مبالغ صغيرة كل شهر, وبالتالي فلا يوجد ضرائب عليها
  • المتاجر: المتاجر لا تقوم بطلبيات باكثر من 2000 يورو في المعاملة الواحدة.
  • الاحتفاظ بالبيتكوين: لا توجد ضريبة, يبدوا ان الضرائب عندما تقوم بالبيع او الشراء.
  • التداول: لا توجد صفقات تداول للمستخدم العادي خصوصا التداول اليومي باكثر من 2000 يورو

اذن ستدفع الضريبة مره واحدة اذا احتفظت بالبيتكون لمده 5 سنوات, وقمت ببيعها وعندها اتوقع ان يكون ارباحك اكثر من الخسائر التي ستدفعها مقابل الضرائب

اعتقد ان الرقم سينخفض مستقبلا اذا رأينا ما يحدث في السوق والاوضاع الصعبة للاقتصاد مع الركود والمشكلات الاقتصادية

السؤال الان هل هناك ضريبة سابقه وتمت زيادتها؟ ام انها ضريبة جديدة.
2297  Economy / Exchanges / Re: BINANCE CEO CALLS FTX FOUNDER ONE OF THE BIGGEST SCAMMERS IN HISTORY on: December 07, 2022, 03:23:31 PM
These words were to be interpreted within the framework of the trade war between the two exchanges, but since SBF was defeated, CZ will be able to make statements as he pleases without anyone questioning them.

Changpeng Zhao (CZ)'s attempt to appear as the "meek lamb" in this story is very funny. FTX's model was bad, but the timing of the liquidation of the tokens was not innocent. CZ may have contributed directly or indirectly to the speed of the platform's collapse. "He may have known about the weak financial position before For several months, I wait for the right moment to strike.”

When it's CZ's turn, the same accusations will be made against him.
2298  Economy / Service Discussion / Re: Reliable sites For Gift card to crypto exchange on: December 07, 2022, 11:06:40 AM
I've never had to go this route before so I'm a bit lost on what services have a solid reputation and are reliable.
I'll looking to cashout USD giftcards for Bitcoin probably once or twice a month depending.

If you want to cash out physical gift cards, your chances of getting paid are greater than trying to sell digital giftcards cards.


Sites you can use:

  • Paxful
  • https://bitify.com/
  • Social networking sites and you will find some, but you need to make a good discount.

Selling digital gift cards would be a waste of your time.
2299  Bitcoin / Bitcoin Discussion / Re: 15M BTC goes into self custody on: December 07, 2022, 10:47:00 AM
Update:
Around 200k Bitcoin flowing out of exchanges last 30-days worth $3.4 billion.


Source: https://www.reddit.com/r/Bitcoin/comments/ze7f90/around_200k_bitcoin_flowing_out_of_exchanges_last/


It seems that some began to learn the lesson and withdrew their currencies, as about 200k bitcoins is not considered a small amount, but for how long this memory will remain strong and they will not try to be lazy and leave their currencies in centralized platforms.

As we can see from the charts, the amount of bitcoins out of exchnages these 30 days is the largest even since 2016.
I expect people to forget all these details with the next cycle after about three years
2300  Economy / Service Discussion / Re: More platforms will bite the dust? on: December 06, 2022, 10:56:00 AM
I was planning to make such list on June <List> Crypto exchanges with financial problems  (Read 290 times) but after a while, I came to the conviction that the dismissal of employees and such indicators are normal due to the expectations of a recession and the Federal Reserve’s continued raising interest rates, with the Bitcoin winter.

The most obvious example of this is Twitter. Thousands of workers have been fired and the service is still working. The reason for this is the excessive expansion in the number of workers over a period of time, for example, due to Covid-19, closures, and the increase in the price of Bitcoin.

the labor shortage does not indicate anything if you compare it with the levels of employment before 2020.

In lending services, the interest rate will play a larger role.
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