Bitcoin Forum
April 27, 2024, 05:03:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 ... 466 »
241  Bitcoin / Bitcoin Discussion / Re: The Future of Bitcoin in a Cashless Society on: February 06, 2024, 08:36:22 PM
Be realistic. Do you believe Bitcoin would help build a cashless society? Was it a Bitcoin goal? I don't think so. Because Bitcoin fees have become higher, and most likely, they will continue. For a long time, transaction fees have become unrealistic. We thought it would become normal after a few days, but it seems like nothing. Its true worls are moving to a cashless future, and many MFS services are helping with that. Bitcoin has become an investment opportunity. If transaction fees become lower, then Bitcoin would keep playing a role in making a cashless world.
242  Bitcoin / Bitcoin Discussion / Re: What does BTC mean to you? on: February 05, 2024, 07:53:00 PM
Bitcoin is financial freedom for me. To be honest, it's not about Bitcoin alone; cryptocurrency gives me financial freedom. I can spend my crypto worldwide in various ways now. The Bitcoin goal was to create a p2p decentralised money transfer system that we are taking advantage of. Also, Bitcoin has become an investment opportunity from which I can make money. So Bitcoin makes my life easier than before. We can work at home and receive payments from all over the world.
243  Bitcoin / Bitcoin Discussion / Re: It's stupidity to have thousands in Bitcoin using a software wallet on: February 05, 2024, 07:46:12 PM
Those who are very serious about securing their funds must use a hardware wallet. At the beginning, crypto users don't have the proper knowledge and experience about wallets; hence, they start using a web wallet. It is very risky to store your funds in a custodial wallet. A non-custodial software wallet isn't very bad if you know how to use it properly. But a hardware wallet is always preferable. To secure both wallets, you must secure your wallet seed phrase. Spending a small amount on a hardware wallet would save you funds.
244  Bitcoin / Bitcoin Discussion / Re: VanEck, GrayScale, Fidelity and others Now on Google Ads. on: February 02, 2024, 10:03:51 PM
I can't recall the press, but I have read somewhere that Google started accepting crypto ads again. On your screenshot, it seems true and crypto ads are ongoing. It has good symptoms for bull runs. That's how more new investors will be introduced to Bitcoin and cryptocurrency. ETFs are already helping push up the Bitcoin chart; if ETF companies run Google ads, it will be easier to attract new investors. We can say it's a massive adaptation for Bitcoin.
245  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be stolen? on: February 02, 2024, 08:58:59 PM
Everything could be stolen in the world without permanent things like a house. In the digital world, it's more easy to steal that store online. Because hackers use smart ways to steal your digital assets. So Bitcoin isn't out of risk, either from an individual or a company. That's why it's very important to secure your cryptographic assets carefully. I always advise using a hardware wallet to secure our funds from hackers. Unless your seed is compromised, hackers won't steal your crypto assets.
246  Other / Beginners & Help / Re: As a crypto investor, the less app you install the better. on: February 01, 2024, 09:48:15 PM
I strongly advise you to just avoid storing your crypto on your smart phone. We have to be careful about smart hackers as well. When we use a hardware wallet, hackers won't get access to your wallet unless you compromise your seed phrase. Our mobile devices and computers would be affected anytime when we installed something that we weren't well aware of. So we might lose everything, and our wallet would become empty. We have seen many cases where hackers attack through malware when installing something from untrusted sources.
247  Bitcoin / Bitcoin Discussion / Re: The Psychology of Investing in Bitcoin on: February 01, 2024, 09:38:19 PM
The psychology behind Bitcoin is to somehow make money. So how do you make money, It depends on how you treat your bitcoin. If there weren't a chance to earn money through Bitcoin investment, then no one would play with that. So this is the only psychology behind investing in Bitcoin. You may earn by holding and trading as well. Based on your experience, you have to handle your bitcoin in order to make money. Otherwise, you might be a loser.
248  Bitcoin / Bitcoin Discussion / Re: Paying with Bitcoin. on: February 01, 2024, 09:14:13 PM
So you don't want to use your Bitcoin someday? Or you just want to hold it for a lifetime and not use it. If this happens, then who will use Bitcoin? The goal of Bitcoin was to create a decentralised financial system where we could send and receive money worldwide without a third party through a p2p transaction. So it's a nature of currency you have to spend for needs. Just not hold it for a lifetime. I know that by holding, you may potentially gain more money, but how long will you not spend it? Where do you want to use your Bitcoin? So spending your bitcoin on something that you need isn't wrong.
249  Bitcoin / Bitcoin Discussion / Re: At a range of 2years, can a Bitcoin literate invest with a borrowed fund in BTC? on: February 01, 2024, 09:05:02 PM
A few people become gainers when invested by borrowing money from others, but that doesn't mean you can be gainers as well. They would be lucky where you won't be. I won't advise anyone to invest in crypto by borrowing money. Though there is a chance to be a gainer, due to volatile crypto behaviour, it's hard to predict what will happen after investing. I prefer the DCA strategy, which means investing from your savings instead of borrowing from someone else.
250  Other / Beginners & Help / Re: Are newbies afraid to comment on threads of highly ranked members? on: January 31, 2024, 09:22:05 PM
Still, are you afraid to engage in discussion? You have to come out of your fear of posting here. Beginners could make mistakes, but always research before writing to make sure you aren't spreading misinformation. To learn, you have to read more than you intend to write. Unless you create a spam post here, you don't need to be afraid here. Forum members are helpful here, and we will definitely help if your intentions are to learn.
251  Economy / Exchanges / Re: All my savings on BKEX are gone. on: January 31, 2024, 09:11:55 PM
I assume you are looking for a third party who will help you restore your account and get back your funds. I advise being careful when you are going to do such deals with anyone. The first mistake was storing crypto in exchange, and eventually they blocked the funds. Hiring someone to recover funds would be a second mistake. I haven't heard of something like this service that could truly help recover funds from exchange. Otherwise, I doubt you are trying to shill something that calls for soft shilling.
252  Bitcoin / Bitcoin Discussion / Re: Why Do People Steal Hundreds of Millions in BTC And Still Get Caught? on: January 31, 2024, 09:05:13 PM
Remember, criminals always leave a footprint when they organise a crime. That's how law enforcement agencies catch criminals. You might experience real-life cases for study, so the same happens for crypto as well. Money flow is one of the reasons criminals would be caught. Cryptocriminals will first try to whitewash their crypto with their funds through various means; otherwise, they can't use it. So they have to exchange somewhere, and that's how it becomes very easy to find criminals.
253  Bitcoin / Bitcoin Discussion / Re: Different wallets for each buying origin? on: January 31, 2024, 08:58:22 PM
If you care about your privacy, then it's better to use separate addresses for KYCed funds and non-KYCed funds. So both funds won't mix with each other. If it is mixed, then it is easy to detect where all the funds are coming from or who owns them. If you are using multiple KYC exchanges,  you can use an address because it doesn't make any difference. I would advise you to always protect your privacy and don't mix KYC and non-KYC funds if possible.
254  Economy / Service Discussion / Re: Best Bitcoin Mixer? on: January 31, 2024, 08:50:34 PM
Just be careful when you are posting about mixers. The forum restricts mixers from here, and we can't prefer anything related to mixers. You have to find it yourself. On the other hand, if you are using centralised exchanges like Binance, you may face issues receiving mixed funds there. They can find the connection between your funds and mixers. If so, they might freeze your account with funds. So make sure you are mixing your coins in a safe way.
255  Bitcoin / Bitcoin Discussion / Re: How would the bitcoin price behave during a monetary collapse? on: January 30, 2024, 09:25:38 PM
We always compare Bitcoin values in fiat. So in case the fiat system collapses, we may face a collapse for Bitcoin as well. We can't use Bitcoin directly in the current economic system; if we could, then Bitcoin would skyrocket during inflation. Bitcoin has also become a part of the global economy, so if the entire ecosystem collapses, we can't expect something different from Bitcoin as well. So my thoughts are that if we want to make a strong Bitcoin ecosystem, then the global economy must be strong as well.
256  Bitcoin / Bitcoin Discussion / Re: Wrong Moves With Your Bitcoin on: January 30, 2024, 09:10:09 PM
I made similar mistakes at the beginning of my crypto journey. I converted my bitcoin into a shitcoin and eventually lost everything. I was too greedy to earn from Alt. I almost lost everything there and became hopeless at that time. So I start building myself again and recover slowly. Though I can't recover through trading, I earn from my marketing services. However, I am very careful when dealing with my crypto. I don't want to repeat my mistakes by investing in altcoins.
257  Bitcoin / Bitcoin Discussion / Re: What are the challenges people who accept bitcoin face in their businesses face on: January 30, 2024, 08:58:58 PM
Both reasons are a prevention of accepting Bitcoin lately. Bitcoin was created to make hassle-free global P2P money transfers without centralised involvement and with lower fees. Beyond the goal, Bitcoin has become an investment scheme lately. Due to high transaction fees, it has become very challenging to accept Bitcoin payments. Merchants would move to altcoin payments due to transaction fees. Developers should find a solution to this serious issue.
258  Bitcoin / Bitcoin Discussion / Re: The Relationship Between Cryptocurrency and Traditional Banking on: January 30, 2024, 08:46:12 PM
The financial ecosystems are connected to each other, and fiat is ruling the world right now. Controlling the traditional banking system is mandatory, and without it, we can't live a life. We can't ignore the fact that cryptocurrency is a threat to traditional banking systems. Because if we can use cryptocurrency like fiat, then who and why will use the traditional banking system? Why do we need to trust banks if we don't need to use fiat? Since fiat is mandatory, we need to use traditional banks. . So traditional banking system dare to cryptocurrency always.
 
259  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple looking for ETF, would it be the second one? on: January 27, 2024, 09:31:20 PM
How do you believe the SEC will approve all altcoins? Even Ethereum is struggling to get approval but still delays dates. In this situation, don't expect any other altcoin to approve ETF. I believe the SEC will probably monitor the market for Bitcoin ETFs. If they feel it is positive for their citizens, they might approve the ETF. Otherwise, don't expect any new ETFs from the SEC. They delayed the ETF until March for ETH, and we have to wait to see the result. After ETH approval, we may see a real-time situation.
260  Bitcoin / Bitcoin Discussion / Re: Where may we likely see BTC post halving? on: January 27, 2024, 09:23:27 PM
If you ask me, then this is the last chance to buy bitcoin. It's because we don't know when Bitcoin will pump or dump.No one can predict, actually. We may speculate and take action. That's the reason why the DCA strategy has become popular to accumulate bitcoin. Halving is coming, and we don't know when Bitcoin will start moving up. Like ETF, we were unaware when Bitcoin would pump. We faced dump after ETF after a little pump. You have to understand the market situation and take profits. We must also take the risk to make money from Bitcoin volatility, whether it is halving or ETF.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 ... 466 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!