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821  Economy / Trading Discussion / Re: Correlation between buying and selling of bitcoin: Is it a technical methodology on: October 21, 2023, 08:22:01 AM
There is a Bitcoin produced every 10 minutes on average. If this Bitcoin is offered for sale, the price of Bitcoin will continue to decline unless the sale stops or there is demand equal to or greater than the value of the Bitcoin being generated. Therefore, you will find that on weekends the price decreases because there is no demand. Enough or the mining farms sell the Bitcoin they own.
This is one of the main reasons why the price of Bitcoin changes dramatically every 4 years.
822  Bitcoin / Bitcoin Discussion / Re: Hey Bitcoiners Choose Simplicity Over Complex Technicalities on: October 21, 2023, 08:13:48 AM
Stick to the bare minimum, which is to use a good wallet, in an airgapped device or burn an operating system to flash and create the seed, extract the public key and track your coins from that key.
There are not many complications in this plan and a person with limited knowledge should have the ability to perform such numbers.
A multi-signature wallet is necessary for situations such as a war, a dam collapse, or a hurricane. Then you will think of alternative plans or multiple options if the specific disaster occurs, and creating such a wallet requires only two or three hours of your time to learn and 15 minutes to implement.
823  Economy / Exchanges / Re: Are chances of fraud very high on Binance P2P transactions ? on: October 21, 2023, 07:43:42 AM
I have heard that some scammers are making fake accounts on Binance for P2P and using hacked bank accounts for transfer. If we deal with them for P2P deals, our bank accounts can also get feezed. Have you ever faced this problem on Binance ? How can we reduce the chances of getting affected by this ?

Making fake accounts on Binance It is not as easy as making fake accounts here or on social media. All accounts in Binance P2P are KYCed accounts, and there is a trust record. If the user scam you, you can leave a rating.

  • Only deal with users who have a lot of feedback
  • Read the negative feedbacks and whether they are related to scam
  • Read the account's comments to these feedbacks
  • Do not provide your personal data, only the account number and your full name
  • Start trading with small amounts, and with days you can increase them.

You may be scammed once or twice, but you will not always be scammed and learn from your mistakes.
824  Economy / Exchanges / Re: Is it possible to convert BTC to other alt coins inside trust wallet directly ? on: October 21, 2023, 07:18:36 AM
Is it possible to convert BTC to other alt coins inside trust wallet directly ?
Trust Wallet is a wallet that manages and controls your private keys, transaction fees, allocates UTXO for the best possible fees or privacy and cannot automatically exchange between bitcoin and other cryptocurrencies.

Trust Wallet uses a third-party interface that linked to a central exchange that exchange Bitcoin to other alt coins, but the fees received may not be appropriate, exchange rates are low, your transaction may be frozen and an identity verification procedure may be required. the bulit-in exchange feature found in Trust Wallet is like visiting services like simpleswap.io however you are limited to limited options.

Bestchange gives you better exchange rates. Click on the link in my signature to choose the best instant exchange for you.
825  Economy / Reputation / Re: Recently woke up asking for a loan on: October 21, 2023, 07:02:26 AM
Best way for them to prove ownership would be to sign a message from their address posted on the profile page. However that is not a staked address as per what I found on their page at ninjastic - https://ninjastic.space/user/id/122968?addresses

A number of other accounts with the username "money" in it have been listed there.
If the account is sold or hackers access personal data, they may be able to obtain the private key for that address. The best solution is to track the difference in language style, so they rarely write a post after the account is hacked or purchased, or they delete old posts, such as posts in local boards.

For now, lenders should ask for collateral or deny the loan.

If he asked for a loan of $100, perhaps someone would believe him, but with $800, he would definitely not repay it.
826  Alternate cryptocurrencies / Altcoin Discussion / Re: What altcoins have dropped at least 10x in this bear market and will easily 10x on: October 21, 2023, 06:47:43 AM
Easily?

Usually, with all of these altcoins that have pumped 10x or more than that, it's hard to say that they can be back again at their former shapes and prices.
The small capacity of the market and the supply of the currency are the factors that lead the currency to rise sharply, but the problem always remains in the distribution. If the development team controlled 90%, it is impossible to return to 10x because, simply put, whenever the price rises, there is a party with great liquidity that will sell and will not think about Long-term profit as long as they have a realized profit potential, this is what makes many currencies PUMP and DUMP, monitoring the movements of large whales in the flag to see if they are moving as a single entity means avoiding investment or distributing the currency to a large number of users which may some of them are greedy and do not sell. This is what determines the amount of the increase, but in any case, the good project is the only one that survives 90% drops, and these good projects are in number and all of them did not decrease by 90%.
827  Economy / Economics / Re: Is the fall of Elon Musk's empire imminent? on: October 20, 2023, 09:38:20 AM
There is nothing to fear or worry about, it is the stock market. If conditions worsen, companies change the CEO and many things to return to profitability, but I think that Elon Musk is the owner of the Twitter platform and not the CEO. He is one of the influential people in Tesla and SpaceX, and the future of these companies is still promising, as the Internet Vacuum and electric cars have a future and Twitter is heading to be better than the past with many new features and features. Elon Musk is a controversial figure and he will not stop causing controversy, do not occupy your mind thinking about him.
828  Economy / Economics / Re: Binance Says It Has Onboarded New Euro Fiat Partners for Deposits, Withdrawals on: October 20, 2023, 09:29:55 AM
We already have discussions on this topic Binance.com to re-enable EUR deposits/withdrawals
It is better to lock this topic.

It will facilitate the return of the possibility of withdrawing to the euro for many users, and I hope they will continue to do so, but it is better to think about alternatives, especially since the bull market is coming.
829  Bitcoin / Bitcoin Discussion / Re: "Lump sum Vs DCA" for Bitcoin Accumulation on: October 20, 2023, 08:22:39 AM
There is no single strategy that is most profitable at all or at all times. There are profitable strategies such as DCA and strategies that are more profitable in the short term or at specific times.

Buying now for $30,000 instead of buying $1,000 for 30 months is the best, and therefore Lump Sum is the best FOR NOW because you are buying at the bottom instead of distributing the buying times. It will differ after 30 months, as DCA will be the best given that we are in a downward curve and buying with Lump Sum. It means a real loss because you are buying at the top.

A good trader is one who knows how to diversify between these strategies according to the market situation.
830  Economy / Exchanges / Re: BitCoke is a regulated HK based exchange NO KYC, high liquidity, and high limits on: October 20, 2023, 08:10:00 AM
well, i tried first with 0.005 btc as I wasnt sure, got paid out in eth instantly..

tried with 0.46 btc and went smoothly again, no kyc requested.

I did do a lot of research on bitcoke, and they do seem like a legit player. In fact i found articles where they had huge investment sums of like $20 million or some such. Well, all can be found on google.

Will be using them again, thumbs up from me.
It is a strange coincidence that a new account logged in for the first time and searched for this topic to tell us that we should use BitCoke and that it is an excellent service, while the op is a new account with 4 posts, tried to promote BitCoke and when he was asked he replied that he had nothing to do with that service.

What type of loyalty or service did you receive that made you keen to leave a positive review for them?

You are raising doubts about this service, especially since they say that they will collect personal data without proving that they are a licensed exchange in Hong Kong, which is another lie.

831  Economy / Exchanges / Re: Binance.com to re-enable EUR deposits/withdrawals on: October 20, 2023, 07:57:34 AM
Do you know the reason for their change of payment partner? Is it because of regulations or for other reasons?

How exactly it became much easier? From what I understand, these new partners will replace Paysafe who was a payment gateway for them and as far as I know, they didn't have anything to do with Binance debit card.  

Users love to trade on Binance, but to withdraw money to the bank account, you need to transfer it to a third party, which means high withdrawal fees, or exchange Bitcoin for an altcoin, withdraw it to a third party and from there to your bank account. Returning the ability to withdraw directly will reduce fees and the use of another party.
832  Economy / Exchanges / Re: i need sites or apps to lock my usdt and xrp on: October 20, 2023, 07:11:33 AM
You want to lock USDT, which will be worth $1, and it is similar to requesting a locked deposit in the bank. The only difference is that you bear the risks without getting a return, while your money is guaranteed in the bank and you get a return. If you think about locking USDT, do it using your bank account and USD. I did not find a service to lock xrp, but there are already services in Bitcoin where the timelock feature can be used, which you can find here https://en.bitcoin.it/wiki/Timelock

Binance gives you a good staking service, but it is centralized, and your funds may disappear if there is a problem with Binance
833  Alternate cryptocurrencies / Altcoin Discussion / Re: Loom network madness on: October 20, 2023, 06:45:23 AM

Somebody here die on whack pump and dump ride?

This token will return to pumping again, and it may be the last, as some will be driven by greed and greed to invest in the hope that it will achieve profits or that the price will rise again, but in most cases there will be thousands of bots that will make executing any withdrawal order in a timely manner almost impossible.

If you find a good, reliable exchange with sufficient liquidity and you have a trading bot, buying $50 will not cost you anything, but unless these three conditions are met, you will be scammed.
834  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Bitcoin's Price Surges and Drops Unexpectedly on: October 20, 2023, 06:11:41 AM
At first, a popular Twitter account called Cointelegraph posted this news but later deleted it. They then posted it again but added the word "reportedly" before also deleting that post. This made people doubt if the news was true or not, and they wanted to know where this information came from.


We all know that news like this may cause the price to increase by 10%, and because Cointelegraph has credibility, someone may have paid them to publish the news, or at least the source of the news lied to them. Someone has made profits from this fake news, and the so-called FUD will continue as long as investors bet on the market movement like this.
It has been a long time without us seeing positive increases, so some believe that it may be a golden opportunity for them to enter and make a short-term profit, especially since we are near a resistance level, if it is broken, we will reach $42,000.
835  Other / Beginners & Help / Re: Can the government acquire all bitcoins either by seizure or purchase? on: October 19, 2023, 08:37:14 AM
Why all this effort? They can besiege all the mining farms, cut off their electricity, and restrict access to this technology and everything will end. Governments do not tend towards expensive solutions, but rather security solutions, and they can do that, but as long as they can get profits for free from imposing taxes and from tracking all currencies and their sources that It represents a danger, as it is a good opportunity to increase revenues without making any effort, and the currencies that are confiscated can be sold again and used. Bitcoin is not proof of stake, so purchasing all or part of Bitcoin will not make you able to change network protocols
836  Economy / Service Discussion / Re: signature campaign Vs review campaign on: October 19, 2023, 08:22:02 AM
Review campaigns aim to obtain information from users, such as testing a new feature. The user tests the product once or several times and may stop doing so. As for the signature campaign, it is an advertisement for the service. You may advertise a service and you have not tried it because the target is the audience.
If you are paying people to try your service as an advertisement for the service, you are lying about the number of users who will stop advertising for you if the service stops. This is different from signature campaigns, where you can continue to use them even if they do not pay you.
837  Economy / Exchanges / Re: Start crypto trading at Koinpark on: October 19, 2023, 08:15:54 AM
You are promoting them incorrectly. All the information you mentioned is available on all platforms and you did not mention important points such as withdrawal limits, KYC, trading volumes, withdrawal fees, and speed of executing orders.
The platform is new and needs to provide attractive offers, as less than a dollar to complete registration after verifying the identity is far from being attractive, especially not to mention that the platform is new and data can be stolen. reduce the data you collect in order to gain some trust.
838  Alternate cryptocurrencies / Altcoin Discussion / Re: Inspiring Projects Shaping the Future on: October 19, 2023, 04:28:29 AM
New projects are not supposed to be boring because we are talking about economic projects whose role is to improve the nature of money and the ability to distribute it, and there is no central party that controls or can cancel or reverse its transactions, which is possible in most alternative currencies, but the expansion of currencies into areas that are not directly related to them, such as storing images. Or video clips, or even trying to send messages on it.
The important areas that most projects lack and look for are privacy, scalability, how to add more users without affecting fees, and decentralization.
839  Bitcoin / Bitcoin Discussion / Re: Bitcoin is bigger than the government reason my Gov tried to blackmail bitcoin on: October 19, 2023, 04:20:22 AM
If several countries try to ban Bitcoin in a unified decision with the exchange of information and imprisonment for all participants, the price of the currency will decrease and thus it will have a real impact on the adoption of Bitcoin. Governments fighting any phenomenon may not necessarily lead to its disappearance, but it will have less impact. Bitcoin can be the currency for international trade and its price will increase significantly if it moves away from political polarization and becomes cash for settling payments rather than money used by everyone who does not like the banking systems or tries to circumvent sanctions.
840  Economy / Trading Discussion / Re: Crypto Community Watchdog - Signal VIP Groups Review on: October 19, 2023, 03:58:45 AM
I don't think anyone has visited the site, but it is more like a university project to design a website from 2003 than something serious. UI is old  and there is no free Signals.

I wouldn't even believe in VIP or Non VIP signals.
VIP signals make you feel special, and you will get things that not everyone knows about, and they will help you make a profit, but they are a privilege to steal your money, as all these channels put their profit first, whether you make a profit or a loss. The best that can happen is not to make a profit when you make a loss, but inevitably They will not share the loss with you.
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