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1201  Bitcoin / Bitcoin Discussion / Re: Guys!! I was finally able to buy my home thanks to Bitcoin!!! on: March 25, 2023, 07:36:33 PM
Although am late here, I must say the sound is good. Congratulations on your achievement! While I haven't yet purchased a house with cryptocurrency, I have begun building my own using earnings from my crypto investments. By buying and selling Bitcoin multiple times for a profit, I was able to accumulate a substantial amount of money and build up my portfolio. As a result, I've sold a portion of my portfolio and have begun constructing my own home. I'm hopeful that it will be finished within the next 4-5 months, and I'm thrilled to be able to use my cryptocurrency earnings to build a home for myself. Overall, I'm feeling quite happy about the situation.
1202  Bitcoin / Bitcoin Discussion / Re: Is this making any sense or a misunderstanding on: March 25, 2023, 07:28:48 PM
Yes, it does make sense and nothing wrong there. You may read this article to understand more, Lower Transaction Fees with SegWit . Bitcoin transaction fees always depend on the size in bytes. So, native SegWit addresses create smaller size transactions in bytes, resulting in lower fees than Legacy addresses.
1203  Bitcoin / Bitcoin Discussion / Re: Justin Sun sued by SEC. Effect on Bitcoin? on: March 23, 2023, 08:38:47 PM
If you only consider the impact on Bitcoin, you would be mistaken. News can have ripple effects throughout the entire cryptocurrency market. This was evident in the recent market downturn, where not only Bitcoin but all altcoins experienced a sharp decline. It is clear that the cryptocurrency market is highly reactive to news. It seems that whenever Bitcoin experiences growth, an unexpected attack occurs, causing a downturn in the entire industry. The negative impact of news on the cryptocurrency market as a whole cannot be overstated.
1204  Bitcoin / Bitcoin Discussion / Re: Bitcoin can do better job opportunities if empower by government on: March 23, 2023, 08:18:13 PM
It is unrealistic to expect that governments or centralized financial organizations will readily accept Bitcoin. Even if they do, they are unlikely to fully embrace it and may even resist the crypto industry. While a handful of countries, such as El Salvador, have adopted cryptocurrencies, a closer examination reveals that they have not necessarily benefited greatly, particularly if the government decides to invest in Bitcoin. Therefore, other governments are likely to scrutinize the potential impact of adopting Bitcoin before making any decisions. It is important to note that significant changes will not occur overnight, and it will take a considerable amount of time for governments and centralized financial organizations to fully embrace and adapt to Bitcoin.
1205  Bitcoin / Legal / Re: Do Kwon arrested on: March 23, 2023, 08:07:10 PM
The recent news brings both positive and negative aspects for the crypto industry. On the one hand, Luna holders may face another potential drop in value due this news. On the other hand, it is crucial to hold scammers accountable for their actions, as it helps prevent others from engaging in fraudulent activities.

Investigating scams is vital to uncover how they occurred and where the funds went. This information can be used to prevent similar incidents in the future and protect innocent individuals from harm.
1206  Bitcoin / Bitcoin Discussion / Re: Which of your friends and relatives deals with bitcoin? on: March 23, 2023, 07:51:24 PM
Unfortunately, my family members do not have an understanding of cryptocurrency, and as a result, they do not use it. However, they are aware that I am involved with something known as cryptocurrency. On the other hand, several of my friends use cryptocurrency, and we frequently engage in discussions about Bitcoin and other cryptocurrencies. While there are a few people I know who are involved in Bitcoin and crypto businesses, such as reselling, I am grateful to have friends with whom I can openly discuss cryptocurrency, even though it is not supported in my country.
1207  Bitcoin / Bitcoin Discussion / Re: Could there be any importance and need for some kind of mild regulations? on: March 22, 2023, 06:29:15 PM
The objective of Bitcoin is to enable peer-to-peer transactions without the need for intermediaries, allowing for seamless cross-border transactions. Contrary to popular belief, the goal is not to remain anonymous because every transaction is publicly visible and traceable. Therefore, if you are authorized to use Bitcoin in real life, it does not matter whether you remain anonymous or public. You can store a small amount in your wallet for daily use and maintain privacy by utilizing a Bitcoin mixer or a centralized exchange to obscure your transaction history. This is simply a way to safeguard your privacy, rather than attempting to achieve complete anonymity.
1208  Bitcoin / Bitcoin Discussion / Re: Buying cheap is best formula on: March 22, 2023, 06:20:25 PM
As a newcomer to the world of Bitcoin, there is a significant amount of information you must acquire. During times when Bitcoin's value is declining, few are interested in purchasing it. However, as Bitcoin's value begins to rise, a flurry of threads emerge inquiring about the best time to buy. Many people become anxious during market downturns and assume that further losses are imminent. Despite this, many individuals still plan to purchase Bitcoin during future dips. Nonetheless, it is difficult to predict market trends with certainty. Consequently, my personal strategy is to invest whenever I believe it is an opportune moment to do so, regardless of whether the market is experiencing a dip. Regardless of the sum invested, it is essential to hold onto your assets for an extended period of time. By continuing to invest, you will eventually see a return on your investment.
1209  Bitcoin / Bitcoin Discussion / Re: Bitcoin Forever on: March 22, 2023, 06:12:34 PM
In my opinion, Bitcoin is unlikely to disrupt the traditional financial system. This is due to the fact that the traditional financial system is supported by centralized governments, whereas Bitcoin is supported by its community. Governments are unlikely to relinquish their control over the financial system and adopt Bitcoin. Although Bitcoin is based on modern technology, its decentralized nature has made it challenging to achieve widespread adoption globally. Although some governments have accepted Bitcoin, they are not willing to cede control to it. Therefore, they continue to rely on the traditional financial system instead of embracing Bitcoin.
1210  Bitcoin / Bitcoin Discussion / Re: Low demands as bitcoin declined in price. on: March 20, 2023, 07:49:59 PM
I'm not getting op when Bitcoin starts to rise create this thread. How can prices rise if there is no demand? We can say that there aren't many institutional investors yet. But that doesn't mean there aren't any demands. Don't expect the centralized government to accept Bitcoin anytime soon. It's because they have no control of it. Slowly, but don't expect global adaptation to happen overnight. Each government has its own perspective on Bitcoin. However, I believe that investors are gradually entering the market, which is why prices are moving so quickly.
1211  Bitcoin / Bitcoin Discussion / Re: how much money is considered as "invest only what you can afford to lose" on: March 20, 2023, 07:39:24 PM
First and probably most important, you must improve your English. So that we can clearly understand what you want to share. However, Bitcoin is a highly volatile cryptocurrency, so you must exercise caution when investing here. The price could fall at any time, causing you to lose your portfolio. That is why it is said to invest only if you can afford to lose funds. The amount is entirely up to you. Risking a large sum means you could win or lose a large sum.
1212  Other / Off-topic / Re: very critical decision to make in my life on: March 20, 2023, 07:13:50 PM
I will not advise you to invest in cryptocurrency instead of accomplishing your education. Because cryptocurrency should not be your sole source of income. You must live a decent life and would have a legitimate business or job. So you must be well educated to do so. I recommend that you invest your savings in cryptocurrency. We don't know when the market will dump or pump, so don't rely on it. Everyone's expression will be different here. As a result, you must make your own decision. We can share information, but you must make a decision.
1213  Bitcoin / Bitcoin Discussion / Re: Time is the most valuable thing on: March 20, 2023, 07:03:08 PM
Life is too difficult, mate. I always had to work very hard to earn money. Slowly introduce Bitcoin and begin earning a small amount. I started earning money from the forum for the first time through a signature campaign. Then, as a campaign manager, I began managing signature campaigns. Then I made good money. Even though it is not my primary source of income, I am still active on the forum and earning a decent wage. I now have a marketing firm from which I earn a lot of cryptocurrency. To be honest, I am now established through crypto. Even though I own a marketing firm, I appreciate the forum and visit whenever I have the opportunity. So, yes, cryptocurrency completely changed my life.
1214  Alternate cryptocurrencies / Altcoin Discussion / Re: New projects come out when bull market begin. on: March 19, 2023, 10:17:17 PM
The reason is simple. People who make projects want to use the good time when the market is doing well. But when the market goes down, people who invest money get scared and don't want to put their money in new projects. When the market starts to get better, investors wake up and take chances on new projects. But we have to be careful because some bad people try to trick us with fake projects when the market is doing well. So, we need to be smart and not get too excited about new projects. We have to be careful with our money.
1215  Bitcoin / Bitcoin Discussion / Re: is google also telling us wrong about this ? on: March 19, 2023, 09:08:30 PM
Every website retrieves data from different sources, making it difficult to determine the precise cryptocurrency market capitalization in real-time. For instance, CoinMarketCap (CMC) and CoinGecko (CG) will show their respective data, which will not be identical. Additionally, the total cryptocurrency market capitalization does not necessarily equate to the total amount of money invested. In fact, only Bitcoin's market capitalization would be considered accurate due to the absence of pre-mining, and its circulation is real. Therefore, there is no genuine data available for total market capitalization that can be deemed 100% accurate. Google only displays sources of the data.
1216  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a legal tender OR pay with BTC and get REAL goods. on: March 19, 2023, 08:44:59 PM
I prefer to use Bitcoin for online transactions, but unfortunately, my country does not accept it. In fact, Bitcoin is strictly prohibited here, leaving me with no option to use it. Instead, I have to convert it to fiat currency through the black market or peer-to-peer transactions and then use it for purchasing goods. While the fees associated with are high, it is still a better option. However, I feel more secure when making payments with Bitcoin, as I am hesitant to enter my card credentials into online sites. Overall, paying with Bitcoin is a simpler process for me.
1217  Bitcoin / Bitcoin Discussion / Re: The confidentiality of having Bitcoin on: March 19, 2023, 07:43:58 PM
When a government prevents you from withdrawing money and wants to get rid of the circulation of public cash, it indicates that something is wrong. The government is in financial trouble, and the "cashless" campaign is only a ruse to preserve its sterling reputation. Before making a country cashless, there are numerous things to put into practice. But Bitcoin is also ideal for us to conduct cashless transactions. Of course, because Bitcoin is decentralized, no one can stop us from using or withdrawing it. There is a lesson on the value of bitcoin for us.
1218  Other / Meta / Re: Plagiarism vs AI Posting on: March 18, 2023, 08:50:48 PM
It's not a good idea at all to ask the AI a question and then post the answer immediately here. Because, in reality, it isn't your content. Because AI is free to use for anybody and is akin to copying and pasting, you shouldn't get banned for this. But, you can get data from AI and share it here. Don't just copy and paste the entire article. However the AI creates information that is challenging to detect.
1219  Economy / Reputation / Re: Another 1xbit solving problems thread. Beware! on: March 18, 2023, 08:12:08 PM
Probably a new drama. Simply ignore them if you can. They promised to address the problems in a thread they had created. Fortunately, though, it never did. They are merely attempting to erase their past, which is impossible in this place. They will keep on defrauding people. Their marketing strategy is very effective outside of forums. So that is how they are recruiting new victims for their scam. Ignore.
1220  Economy / Speculation / Re: What is the reason for the increase in the price of Bitcoin? on: March 18, 2023, 08:01:34 PM
Perhaps the OP is correct; skeptical. When more investors show interest in it, bitcoin usually increases in price. That indicates to start pumping and raise the pressure. Who knows, though, what is really driving the pressure to buy. I haven't noticed any significant good news, but it appears like Bitcoin simply started pumping up. But I agree with the OP that if money were actually injected into the economy, the amount of fiat in circulation might have increased. As a result, fiat is also being injected into bitcoin. Hence, to me, this is a viable explanation.
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