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921  Economy / Economics / Re: The economy is also getting harder for private equity companies on: September 29, 2023, 08:24:03 AM
Investors in these companies are not affected in the same way as employees, as investors and stock owners have the ability to diversify their investments, and they often have diversification of investments and protection from the government if they declare bankruptcy, but the employee does not have all these procedures that may protect his job, and his income may be directly affected if this happens. It has nothing to do with his total dependence on the job and the lack of a surplus, not to mention the spiral of debt that he will enter if he has not already entered into it.
Poor economic conditions affect employees more than shareholders.
922  Economy / Trading Discussion / Re: BEST AI Crypto TRADING BOT Makes on: September 29, 2023, 07:59:19 AM
It is not only that he is a new member on this forum, he writes nothing about the bot. Can I buy a bot that I do not know about? He supposed to have given introduction and what the bot is all about so that people can know if to get it or not, but this simple way to make easy money are tactics deployed by scammers. My advise is that people should avoid him, he be is only here to scam.
He will not come back to tell us why it is the best and I think a new account will be created stating that he used a bot and that it is a scam.
These bots need trust because they are not like news bots. I can try them and I will not lose anything if they are not true or fraudulent, but to try them you need to deposit your money or link your accounts, and even if they are not able to withdraw your balance, they can misuse your money, you will lose a lot if you use them.
923  Alternate cryptocurrencies / Altcoin Discussion / Re: Bubble bot secures 97.25ETH in private presale on: September 29, 2023, 07:12:08 AM
Bubble Bot Secures 97.25ETH in the presale in just few hours amazing response they got
97.25ETH is equal to 161k dollars, an amount that an average investor can invest whether this average investor is part of Bubble Bot or outside it, but it is not a large amount that can indicate that there is a real demand for this currency.
If you believe that a currency succeeded because the initial investment in it was less than $200,000, then it is nothing more than a pump dump coin and is not suitable for investment.
If you get the coins for free, keep them, otherwise look for a new project.
924  Economy / Service Discussion / Re: Trustable or not on: September 29, 2023, 06:55:12 AM
Main Escrow Service Provider of AlphaBay It is a joke because the scammer tries to appear as if he is a reliable person, but when you ask him for proof, he comes to you with something that has nothing to do with proving it.
3 above recommendations that came above were not from old accounts or that had trading or even explained why it was reliable, and therefore they suggest that there is a scammer trying to appear as trusted member.

If this scammer used these two accounts for this fake recommendations, then he certainly has many accounts on the forum.
925  Alternate cryptocurrencies / Altcoin Discussion / Re: Are decentralized domains still a thing? on: September 28, 2023, 09:10:59 AM
What gives value to the Internet is not decentralization, but rather access speed, data quality, and high download and upload capacities. We rarely use more than 1% of the websites. Every day we use Google, Facebook, Twitter, Instagram, YouTube and other famous services, and we rarely use any service that enhances privacy. If you compare the times of downloading a random application for editing images and the times of downloading the Tor browser or p2p networks, you will find The difference is clear, so privacy and centralization are not what people are looking for and are not willing to sacrifice connection speed for them.
926  Economy / Economics / Re: Diversification in Global reserves. on: September 28, 2023, 08:09:31 AM
If we agree that countries want to start reducing dependence on the dollar and find alternatives, there is no better alternative to the dollar. The Chinese yuan is losing its value, the Japanese yen is linked to the dollar, the Russian ruble is under political pressure and the euro, the pound sterling and the currencies entering the Gulf are affected by the dollar, the Swiss franc and gold are almost the same. The most likely alternatives, but they are not as strong as the dollar or the level of liquidity provided by treasury bonds.
Bitcoin is still in the process of growth, and if it succeeds in reaching good levels, it may be options, but stablecoins will definitely not be.
927  Economy / Trading Discussion / Re: BEST AI Crypto TRADING BOT Makes on: September 28, 2023, 08:02:22 AM
Best is a word that is not suitable for everyone, and after experimentation you can compare between sites according to your requirements. Therefore, it is better to say the fastest bot or more efficient than the rest of the bots or any features through which we can know why it is the best.
Your account is new and no one will risk sharing the API and entering it into a bot of unknown origin and expecting that its data will not be exploited and that it will make profits. These are things that will not happen, so it is better to talk about the bot’s characteristics and gain more confidence.
928  Economy / Trading Discussion / Re: Basic indicator that are very helpful and you may don't know yet... on: September 28, 2023, 03:51:14 AM
Without giving examples, it will be difficult to understand these indicators, but they are all confirmatory indicators to confirm support and resistance levels and ensure that stop loss orders are in their correct places.
Sometimes these indicators are broken, for example, the 200 EMA, although it is a confirmatory measure, it was nevertheless broken when the price exceeded the 30k, reaching 16k.
Change the topic content by adding examples so that everyone can enjoy the discussion
929  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Mining: Thriving towards a $3.95 Billion market by 2028 on: September 28, 2023, 03:32:39 AM
isn't it that there is no point in creating POW altcoins because they are very easy to attack? Such BSV, for example, uses the same mining equipment as BTC, but has only 0.1% of BTC hashrate. So it is enough for 1 large BTC miner, who has 1 per mille of BTC computing power, to switch to BSV for a moment and can do whatever he wants there, and then return to BTC mining? Therefore, POW works great only for the leader on a given hardware (ASIC or GPU)?

It depends on how the mining pool works. In the end, they are mining for profit. After Bitcoin mining pools have the possibility of exploiting part of the hashrate to mine Bitcoin Cash and Litecoin such as ViaBTC, F2Pool, but starting a new currency from scratch using the POW principle will require more effort and time compared to POS.

$50B seams to be way to much in just 5 years. during this time we will only have 1 bull run or none at all. With ath probably around $150k (in 2025) and the next low around $50k (in 2027). This is not enough fuel for the almost 10x increase in miners market value.
I took into account that the BitcoinETF might be approved, and these institutions that manage trillions of dollars will establish mining farms if they want to hold Bitcoin and ensure that everything is sufficiently decentralized, but let's say it will multiply 3 times, reaching 24 billion.
930  Economy / Exchanges / Re: HTX (Huobi) hacked, $8 million lost on: September 28, 2023, 03:22:40 AM
#HTX Safe & Secure Since 2013!
Zero Security Incidents Since Inception
Have they updated this news or are they still claiming that they are safe since 2013? I read some reports and found that Huobi cooperated several times to freeze hacked currencies, the last of which was several months ago, so perhaps this was the reason behind the hacking attempt.
931  Economy / Speculation / Re: Bitcoin Halving cycle on: September 27, 2023, 02:32:48 AM
Cycle repeat from Charts.bitbo.io has a price projection for Bitcoin next bull run after 2024 halving. I know projection is not correct but let's see how the projection is. According to it, if the historic cycle repeats itself, a next all time high can be around $180,000 to $200,000 in late of 2025, about one year and a half after 2024 April halving.
Expectations indicate this, but to be sure, let us say that if the price of Bitcoin does not decline, the price of $180,000 to $200,000 will be real. What is more logical is that we no longer believe that we will reach a million dollars within the next 10 years, exactly as was said in 2021.
But the charts also tell us that we may be in the range of $30,000 to $50,000 by the date of the Halving cycle, with the possibility of a correction occurring in the coming months.

What hides me most is the accelerating pace of hacking. If we continue at the same pace, most of the platforms will be hacked and go bankrupt in the coming months, which will lead to the cycle being dumped before $100,000 as what happen after FTX.

The list is very long https://hacked.slowmist.io/

Quote

The total amount of money lost by blockchain hackers is about

$ 30,934,292,291.24

Total hack events 1207
932  Economy / Trading Discussion / Re: DCA on a real account: does it work? on: September 27, 2023, 02:15:56 AM

I'm not a trader, so I was looking for a more passive approach to investing. I'm hoping that this strategy will be a good fit for me. I'd love it if you'd check out my TikTok account (@cryptobeestrategies ) and give me some feedback. I'm still learning, and I appreciate any help I can get.

Thanks for reading!
Thank you for sharing with us. Instead of tiktok, try to prepare an Excel file and visualize the outputs on a monthly basis, while giving notices of but orders here once every few days will be sufficient, as all the data here is open and any modification is recorded, not like other services in which users can modify the data.
If your service is successful, you will receive many donations, and you can create a paid channel after several months if you gain sufficient confidence.
933  Economy / Economics / Re: Surge in Bankruptcy Filings And Economic Crisis Vs Recession Vs BTC Price on: September 27, 2023, 02:04:46 AM
I am not sure of the sources on which @WhaleWire based its report, but let us not forget that we are in the year preceding the election year, and all the news needs to read it several times, and I remember that every year such reports come that say that what is coming is worse and that we will face a crisis like what happened in the year 2008.
What happened in 2008 will not be repeated easily or in a way that everyone will be able to know, but data from some official links is up for discussion.


https://www.uscourts.gov/statistics-reports/analysis-reports/bankruptcy-filings-statistics

Quote
  Bankruptcy filings are reported quarterly for each 12-month period ending March 31, June 30, September 30, and December 31. The following tables are available:

     Business and non-business bankruptcy filings (Table F-2, 12-month);
     Bankruptcy data for the 12-month periods (Table F);


Refer to the official data link above and you will find that the report is misleading.
934  Economy / Exchanges / Re: HTX (Huobi) hacked, $8 million lost on: September 27, 2023, 01:46:52 AM
The first thing that happened to them after trying to improve their reputation and move to HTX was hacked, $8 million lost. This is a bad thing and they may need to change the name again to HHTX (kidding Tongue)
The $8 million lost will not constitute a loss that will lead to the bankruptcy of HTX, but it may be a test attack and what is to come is worse, so it is better to stay away from using it at least until publishing a detailed report on what happened and the necessary steps to ensure that this does not happen again, although I think it is difficult for them to gain trust again.
935  Economy / Exchanges / Re: Change e-mail in MERCATOX long wait no results on: September 27, 2023, 01:32:14 AM
In the past 34 days, I've reached out to them with 10 different inquiries, and the response is almost always the same: 'It's in a queue, we apologize for the long wait, and we'll inform you when it's changed.' I keep receiving the same response repeatedly, and I'm unable to use my old email address.

If it is not a fraudulent platform, then the most likely reason for this is that you logged in from a new IP address or deleted the cookies. If you can log in from an old IP without a VPN, your problem may be resolved faster, but 34 days is enough to solve this problem.
If you have assets on that platform, use Reddit and make noise there reply faster than here, else move to an alternative exchange.
936  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum's GAS increase. on: September 27, 2023, 01:08:56 AM
The availability of alternatives in the form of L2 makes the gas problem a thing of the past, so every increase in gas fees in the ETH Mainnet simply means that people and decentralized exchanges will move to L2 projects, and vice versa when fees decrease, although for a while I have not noticed gas fees more than ~69 gwei.

crvUSD has seen some momentum, but it is still far from having high liquidity affecting gas prices. We still have liquidity of $36,388,774.11, while some wrapped tokens may have higher liquidity than that.
937  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Mining: Thriving towards a $3.95 Billion market by 2028 on: September 27, 2023, 12:57:31 AM
All altcoins are moving towards proof of stake due to the costs of constructing mining farms, in addition to the fact that POW coins are decentralized, which means that the developer will not earn anything, and the energy consumption, only the 1% of cryptocurrencies will continue to POW in the coming years.
The Bitcoin mining market is constantly growing and the value of this market is much greater than the $3.95 billion that the report said it would reach by 2028. According to companiesmarketcap.com, the current market value of mining companies is about $7.69 B with more than 18 companies operating, so the market value will inevitably reach 50 billion by 2028.

https://companiesmarketcap.com/bitcoin-mining/largest-bitcoin-mining-companies-by-marketcap/
938  Economy / Exchanges / Re: Maybe we should be worried? on: September 24, 2023, 02:24:31 AM
If there is any panic, you will notice it in the price and in some people’s rumors or strange movements in the price. Binance are well-known in the market, and if something happens to them, there are definitely those who are following the details and will move to reduce their loss, and these movements may be an alarm bell for everyone.
7 thousand Bitcoins is a small amount that does not cause panic, it is better for you not to keep any money on the platform, start trading and when it is finished, withdraw your profits.
939  Bitcoin / Bitcoin Discussion / Re: I learned something new from Bitcoin today on: September 24, 2023, 02:06:59 AM
Gambling is different from trading bitcoin, and it is a good way to lose money if you do not know what you are doing or do not have a good background. If that were not the case, gambling services would not have continued to operate for this long period, and it is impossible for their profit and loss margin to be 50%. Trading is dangerous, and if you do not know the basics of trading and have a goal for it, your greed may lead you to try to achieve a greater profit and lose everything.
Don't take risks, trade wisely and buy Bitcoin for long-term investments.
940  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba Inu (SHIB): The Rising Star Redefining the Crypto Landscape on: September 24, 2023, 01:56:59 AM
What is the link at the end of the article? If it is a phishing link, it is better for you to avoid such things because it will lead to your account being banned.
Shiba Inu (SHIB) is a way from binance to try to imitate and benefit from any success that happens to dogecoin. If the price increases, they will achieve profits by burning a quantity of coins and taking advantage of the supply difference and the price increase to temporarily pump profits, and so on.
The presence of the quadrillion SHIB will make it more of a pump and dump job than a future investment.
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