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1601  Bitcoin / Mining / Re: I am selling Antminer S 19 XP 134TH. What is more profitable ? on: February 02, 2023, 06:04:29 AM
Hello guys, I'm currently selling my Antminer S 19 XP 134TH Roll Eyes (https://bitcointalk.org/index.php?topic=5436728.msg61652829#msg61652829). I have lost access to cheap electricity  Undecided and I think that I will invest money from the sale to buy BTC BitcoinsBTC. What miner can I buy more profitable for this money? ($4000) ? Or is it better to invest them in bitcoin?

I suggest you to invest in bitcoin for taking much high returns without any trouble of electricity and other miner maintenance ,
Because in this bear season we have a discounted market prices upto 80% off , So fill you wallet with BTC and 20% alts and just relax for one or two years for multiply your money by 4x or higher .

It is a good idea to invest in Bitcoin and hold it for long term, as it has yielded high returns, as evidenced by its historical performance. However, for those who are interested to generate passive income through mining Bitcoin, it may be a viable option only if certain conditions are met such as living in a region with low electricity costs or having a personal solar system to power the mining setup. Additionally, it's important to consider that mining requires a significant upfront investment in equipment and requires a consistently cool environment to operate efficiently, which may not be feasible in some locations.
1602  Economy / Reputation / Re: [Discussion] Bitcointalk Community Awards 🏆 on: February 01, 2023, 06:59:32 PM
Let's see the resolution of the report now. This may create a precedent for future contests and, in case the report will be marked as Good and a penalty will be applied to the user then this may be a good incentive for everybody to avoid copy-pasting even it the context is a contest on the forum.
The Report is marked Good, the post deleted:
Delete reply: Re: [Voting 2022] Bitcointalk Community Awards 🏆 in topic #5422131 by member #2178170
The user hasn't been banned, but hasn't posted either, so there could be a temporary ban.

I apologize for my unintentional mistake which was not made with the intention of gaining any advantage. It was simply due to my laziness and I would be grateful if you could forgive me.

 Thank you for taking the time to consider my request.
1603  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: January 31, 2023, 11:14:23 AM
President Bukele's decision to adopt Bitcoin as legal tender in El Salvador, was a historical and bold decision, but it faced criticism due to the potential volatility of the cryptocurrency market, which significantly decreased value of their investment in 2022 in terms of fiat currency . However, as the market improved, the Salvadoran government's investment saw an increase. The President's tweet in Korean suggests he may be reaching out to a wider audience to promote the use of Bitcoin in El Salvador.More countries are likely to adopt Bitcoin in future.
1604  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: January 29, 2023, 04:10:39 PM
Just a quick note to indicate that the Bitcoin City project has recently won the 2023 LOOP architectural design award, under the landscape category.


What remains is obviously the most difficult part of the quest: turning the fancy images and models into something concrete (no pun intended), starting with the Bitcoin bonds to kick the infrastructure off, and then determining how to gradually finance and build all the rest of the city. I’d be happy if we see anything similar to the designs in real live in the span of a decade.

Note:
My knowledge of architecture is essentially null, and though I’ve read that the LOOP awards aim at being prestigious, I’m not really sure to what degree they are. Ideally, they’re not something like those awards given in the car industry, where every brand seems to have a best car of the year in one category or another, one competition or another.
 
See:
https://www.loopdesignawards.com/
https://www.loopdesignawards.com/project/bitcoin-city/

Wow, that looks like an interesting city to visit! I applaud El Salvador's efforts. With the adoption of the US dollar in 2001, El Salvador lost control of monetary policy. Their move to Bitcoin, however, made them somewhat independent from dollar inflation. In 5 years we'll know if it was a smart move or not, but Bitcoin's track record has been pretty good since its invention.

Bitcoin is not going to light up only El-Savador but every country that deemed feet to adopt it a a legal tender, the volcanic bond is one of the indications we can see to the possibilities on this, El-Savador has been making tremendous effort ever to bring the volcanic bond a reality and also along so many benefits the people already were enjoying through bitcoin, for the fact that it was able to clear some part of its debt and had a reduced crime rate is enough indication that El-Savador is moving forward already while the government is tirelessly providing every aids needed to get people aware of bitcoin abd be taught, two years achievements looks great just like how 14 years is with bitcoin.

It is true that adoption of Bitcoin in El-Salvador as legal tender has shown positive result in reducing crime rate and debt. Government's efforts in educating the people about Bitcoin and successful launch of volcanic bond are noteworthy and worth & should be admired. These advancement reflect the bright future of Bitcoin as legal tender, not only for El-Salvador, but also in other countries that adopt it as a legal tender.
1605  Local / Other languages/locations / Re: Pakistan on: January 29, 2023, 07:05:10 AM
Mashallah sub ka sub suggestions la javab hn.  Aj eik campaign ma account select hua na. Friday tk payment a jya ge to 10$ apko send kr dn ga.
Committee sa hum sub waqif hn. Pr mera khayal ma usko manage krna zara mushkil ho jya ga. But try ke ja saqtee hy with 10$ per week and with trusted member first. Aur agr kamyab rahi to baad ma mazeed logon ko bhe shamil kea ja saqta hn.
Mera khayal ma suggestion 1 sa start leta hn aur kaheen invest krta hn. Profit na bhe hua to at least mujh jaisa log kuch sekh jyn gy. Agr aur koe join krna chahya to he is welcome.
Committee vala suggestion bhe acha aur hum parallel ma usko bhe chala saqta hn.

Thaik hai done hogia… so let’s summarize and put it in bold if any one missed.



1. Invest the (extra) prize money and share profit (be optimistic)
So WatChe wanted to contribute $10 for the prize money but after a suggestion I will add another $10. This $20 we will invest and wait for sometime (a month or less) and sale it, divide 50% among investors and 50% winners.

$20 is not big amount this is an experiment and a fun game.

Suggestion for coin: GALA, ADUDI, MATIC

2. Pak Community Committee 2023
This still need to be decided $10/$20/$50
Option of Weekly/Bi-Monthly/ Monthly
Everything will be public only certain members will be selected based on rank etc.

My suggestion: $20 and Monthly and at least 5 members (rank +member)





Shahzad bhai, I will also contribute $10 for investment fund. Please share your wallet address in DM. Thanks
1606  Economy / Economics / Re: How can we end the *VOLATILITY OF BITCOIN* on: January 29, 2023, 04:55:04 AM


Volatility of Bitcoin is a gift for those who know how to manage risk. Acquiring technical skills and learning to use risk management tools can help you to take advantage of this volatility and make a potential profit. I understand that Bitcoin volatility will not last for ever and eventually decrease, as  crypto currencies market matures and its marketcap surpasses 5 Trillion dollars, then it won't be easy for whales to manipulate this market. DYOR

Volatility in a currency is never "a gift". If you say that it will show that you are simply in bitcoin for some small term gains in fiat money. Bitcoin should be used as a secondary monetary system and not for using volatility as a profit solution.

I mean volatility is a gift for those professional traders & regularly trade Bitcoin for profit, not for  HOLDers, who have a long-term perspective and a clear investment strategy when investing in Bitcoin, and  firmly believe that Bitcoin, as a decentralized digital currency, has the potential to serve as a secondary monetary system and a store of value.
1607  Local / Other languages/locations / Re: Pakistan on: January 28, 2023, 05:06:14 AM


Jee dosto tu yearly stats of 2022 hazir hian.... summary tu ap sab ko pata he hai jo Rikafipne pehle he post kar di thi topper bhi wohi hian.. ham bus mil k yearly stats month to month compare karin ge aur dekhate hain kesa raha hamara 2022.

Total post : 4967
Total merits : 1980
Active Members: 40 (Top 10 of each month)

Agar ap ye yearly graph dekhin tu ye March aur April k ela hamari average 300 post rahi hia... han Mar Apr ko include karin tu ye averge 414 hai which is wrong if you ask me.

I was wondering ye March April main isa kia hua k apost 700 aur 800 hogai... phir main individually thread main ja ke tu pata chala Miss. Noor Ul Huda Sahiba ne ant machai hoi thi march april main... i mean like every other replay is from her... aur aisi koi post nahi jiss ko Noor begam ne reply nah kia hia... she was good until she last... But I see wo abhi tak apnay appeal walay thread main kafi koshish kar rahi hian unban hone ki. Personally I think she did that by mistake but no one is going to believe her now. Specially what happened to that Naim thing.. us ne bahoot reputation down kar di.

Any way after that I think we went back to our natural posting style which is not bad +300 is ok and acceptable number.

On average we shared around 165 merits per month vs 2021 main only 65 merits/month but 2022 main bech main 5 months aise guzary jab 200 se zaida merits share hoey... which such an amazing achievement... I'm sure itne merits tu wahan bhi share nahi hoey jin dedicated boards hain like India and many others.

For that main aik bar sab members ko thank you karon jo yahan apnay qeemati merits nichawar karte hain... love you all guys.

Jee tu again wo stats jiska sab ko intezaar tha... khair ye stasts tu ap sab ko pehle se he pata thi but phir bhi zara muje apnay style main batanay main maza ata hia...

No. 1 spot goes to hamaray puranay dost jo pichaly 2 3 months se ghaib hian... dua hai jahan rahin khush rahin abad rahin... The Sir Sayeds56 WINNER

No. 2 position is the one the only The Legend UmerIdrees... (Yes I know second pe NoorulHuda hain since we all know she's permanently banned to bring her in this discussion is not related). Wese Umer bhai ka

No. 3 tu wese Umer bhai ki thi but now since Noor is gone I think for No.3  ka post diffeernece bahoot zaida hia 451 and 223 almost half so next four members ka ThemePen, Hamza2424, galambo, and Morningstarr bahoot kam kam margin se sath sath hian.

ThemePen aur Hamza2424 post difference sirf 7 posts ka hia, isi tarah Hamza2424 aur galambo ka faraq sirf 5 posts aur phir galambo aur Morningstarr ka difference bhi 7 posts ke he hia.

Ye sab 200-225 ki range main hain tu kisi aik ko select krna will not fair...
 
So for No. 3 position we will select from these four three members

WINNER Prize: $20        <----  Sayeds56
RUNNER UP Prize : $15  <----  UmerIdrees

Now special encouragement prize will be given to any one from ThemePen, Hamza2424, galambo, or Morningstarr

How will I choose like I said last time I will select based on the block hash's last digit matching with and their winning number, which is their last digit of the post count.
ThemePen         223 ( 3 )
Hamza2424       216 ( 6 )
galambo            211 ( 1 )
Morningstarr      204 ( 4 )

Abhi block #773820 chal raha hai jiska hash hai aur iss k hash ka last digit hai two 00000000000000000000fe5adf1c4a98b05f0df8c0f2c0a8907cd1e389ad3902 ...

Likan ham block #774000 se dekhin jis ka hash ka last digit (3,6,1,4) main se match hogia wo winner hoga.... agar hash ka last chracter digit ki bajae alphabet hua tu us hash main jo bhi last digit hua wo count hoga.

Block No. 774000 is almost after 30 hours k bad hoga so lets count...

and  

Special Encouragement Prize is also: $15


Notes:
- We still have time please if you don't agree to my Special Encouragement Prize feel free to comment or may be if you have different idea of choosing the winner.
- Winners may share your Binance USDT wallet here or email address in dm (Binance to avoid fees)
- Agar winner bock #774000 se nah select hua tu we will continue 774001, 774002 ... until last digit is macheted with (3,6,4)
 
- If any one else want to contribute to the top two posters's prize or in encouragement prize you are welcome... tagging irfan_pak10

* Sorry galambo is banned to he's gonner

Thanks shahzadafzal bhai for sharing this important information. You have been a source of inspiration and mentor for all of us. Apki leadership ki waja se Masha Allah aaj hamari community bht grow ker gai ha or bht sary new or active members shamil ho gaye han. Hope you will continue playing this important role.
1608  Local / Other languages/locations / Re: Pakistan on: January 27, 2023, 05:54:27 PM
Jesa ky ham sab janty hen. Dollar ki qeemat ko aag lag gai hai. Or iss ky sath sath tmam ashya ki qeemton my bhi izafa huwa. Or is ko dekhty huwe Suzuki jo ky Garyan Manufacture karti hai. Is company ny bhi apni garyon ki qeemton my izafa kar diya hai. Di gai picture my ap old or new prices dekh sakty hen. Or kafi prices increase hui hen len ji mulahiza farmaen.
Jis Tarah just ik din ma dollar ki price 20 pkr Barr sakta haa toh cheezo ki prices ma aisy achanak charhawo koi hairaan karny wali cheez nahi haa, state bank of Pakistan ny kud ik post ma share ki ky kaisy just ik din ma dollar 20 rupees mehenga hogaya, yeh Sab inn na ahl siyasatdaano ko select karny ka nateeja ha , yeh corrupt isaq dar jab Apna pait Barr la gy Tabb uska Baad mulk ka soochy ga, Pakistan ki histrong ma khabhi ik din ma dollar ki price nahi bare jaisy kal Howe. Shame on them

Brother, Yeh toh hona hee tha. Jub apki economy ka base strong na ho toh country ko kub tak loans pe chalaya ja sakta ha. Pakistan ki annual imports 80 Billion dollars han or exports or remittance mila kr sub 60 Billion dollars ki income hoti ha. Baki 20 Billion dollars loans se le ker trade deficit ho pora kia jata ha or yeh kub tak ho sakta ha. ab yeh stage poch chuli ha k hamary pass loans ki instalments pay krny k liay pasy nhi ha.

Pakistan k maslon ka hal Exports ko boost kerny or imports ko kum kerny mein ha. esky liay hamein apni agricultrual produce ko brana ho ga. taky exports krny k liay kuch surplus ho. Dosra IT ka sector ha usy develop kr k bi bht foreign exchange earn kia ja sakta ha. India ki IT exports 200 billion dollars se zayadeh han jub k Pakistan ki sirf 4 Billion dollars han. Allah Pakistan pe rehem kere- Aameen.
1609  Economy / Economics / Re: How can we end the *VOLATILITY OF BITCOIN* on: January 27, 2023, 03:03:14 PM
The volatility of bitcoin won't end anytime, I think we have to give more time for more people to appreciate bitcoin and use it in daily business transactions. At the moment, I believe some form of regulation can help make things pretty much more stable than we have at the moment otherwise we shall experience more issues with volatility. The high price volatility of Bitcoin and other decentralized cryptocurrencies will never evaporate. On the perverse, if the expense of cryptocurrency will improve, the volatility will only boost, as the expense spectrum will develop.
As long as the price of cryptocurrency will depend on supply and demand, the high price volatility of cryptocurrency will remain. Still think the ETF funds can solve this problem, or at least will lessen the volatility of Bitcoin. The more control of the market, the less volatility it will be, now we still don't have any rule or laws to govern this market,.
 

Volatility of Bitcoin is a gift for those who know how to manage risk. Acquiring technical skills and learning to use risk management tools can help you to take advantage of this volatility and make a potential profit. I understand that Bitcoin volatility will not last for ever and eventually decrease, as  crypto currencies market matures and its marketcap surpasses 5 Trillion dollars, then it won't be easy for whales to manipulate this market. DYOR
1610  Economy / Service Discussion / Re: Paypal are scammers like the FTX bitcoin exchange on: January 27, 2023, 11:10:16 AM
6 months ago I was banned for  reasons from paypal and they ban my 1.5k there for 6 months.


now i try to log in they ask


email verficiation i have

card i dont have


they ask me my full card numbers which is old 6 months ago i dont have it.
this not make sense to me.
only when i request bank transfer they started to ask weird things in order not to pay.


I call the scammers and they told me you can provide last 4 digits bank account instead.
i provided it and they fully verified.

after he told me to wait few minutes to approve it and remove your 4 digits card verifcation.

after few minutes waiting he told me that i must provide full card verfication if not i cannot withdraw my money.


fucking scammers. i told them i can provide you video, selfie, passport etc proving its me and they dont hear ya.


they scam exactly like ftx millions of paypals accounts without reasons and use the money for real estate.


i tell you this company is shit. they worse than this guy ffrom ftx.

I think Paypal and FTX are not related in any way, as they are completely  two senate and distinct organizations. It seems like you are having trouble  to withdraw your own money and dissatisfied with verification process. I would suggest you to raise an official  complainant to paypal and if they are unable to assist you to resolve  this issue, then you have the right to seek assistance from a consumer protection agency to help resolve the issue with withdrawing your funds.
1611  Bitcoin / Bitcoin Discussion / Re: It is ok to sell your Bitcoin. on: January 27, 2023, 03:12:57 AM
I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?


The major reason of HODLing Bitcoin is, our firm belief in its long term potential as decentralized store of value, rather than profit seeking. Trading Bitcoin for short term profit making is associated with risks, as it is highly unpredictable asset due of its volatility and many other factors those influence its price, such as overall state of economy, inflation and technical overbought/oversold position of market, which can lead to loss of Bitcoin.
1612  Economy / Scam Accusations / Re: FAKE UNISWAP and OP Airdrop on: January 26, 2023, 03:12:40 PM
We know that Uniswap and Optimism airdropped previously to all theirs loyal Users who interect with uniswap and Op chain. Optimism second airdrop is also possible because some supply
Now hackers taking advantage of this trend and make some phishing sites for both Optimism and uniswap. The main source they promote are twitter. Hacker use big followers account to promote these fake and scam airdrops. In first look they decieve me and I connected my wallet but very soon I realized that it is fake site and I disconnected my wallet quickly.
Note: Always Check website when you connect your wallet because hacker become very smart now.

Optimism Fake Airdrop Site
Website: https://optimism.cx/


Uniswap Fake Airdrop
Website: https://uniswàp.net
This fake Airdrop News actually come from famous twitter account @Whalechart account which hacked yesterday. Many users connected account and lose more than 500$


It is a fake airdrop, such airdrops are designed to cheat newbies in crypto space by using their greed emotion. Before you connect your wallet, always check the contract address of original coin & compare it with supposed airdrop coin. It is an important step to verify the authenticity of the coin. Additionally, it is also important to use hardware wallet, or a reputable software wallet with good security features and always secure your private keys in a safe place.
1613  Other / Beginners & Help / Re: Bitcoin will Rise Now !it is better to buy some more Bitcoin ,Where to buy from? on: January 26, 2023, 08:51:43 AM
I can see that the Bitcoin will Rise Now soon. it is better to buy some more Bitcoin , thinking where to buy from ?

don't worry you can find a good exchange.

You are correct, Bitcoin is likely to rise now and may hit 25k before the end of January. This morning the opening price of Bitcoin was around 23.200 on Binance exchange which is above its pivot point on day chart and next resistance is at 23,767 which is important to break before it can reaches 25K. I think Bitcoin will continue moving sideways until inflation report is announced on 31st January. Based on the trend of previous months, inflation is likely to decrease further, which would be positive for market.
1614  Economy / Speculation / Re: Buy the DIP, and HODL! on: January 26, 2023, 05:21:46 AM
The point is that everyone has their own views on bitcoin, especially those who listen to bitcoin from banking influencers who are deliberately made to defend their financial system and of course those who don't know bitcoin are sure they will hate bitcoin after listening to that.
Never mind, don't pay too much attention to them, they will understand when the next bitcoin owner will become the richest person in the world, what we need now is to continue to accumulate bitcoin for the long term, today bitcoin corrected 1-2%, not bad for bitcoin installments.
Basically there will always be pros and cons and I agree with what you say, regardless of anything, especially influencers who like bitcoin will definitely make bitcoin something decent and not least some information is exaggerated and vice versa those who don't like bitcoin always have weapons especially when it's bearish like it's currently happening and some other things like when Luke Dashjr lost bitcoin this will continue to galvanize and try to make bitcoin look even worse.
We don't need other people's views, we are aware of the risks we have while we are here and we also know what the consequences and benefits are when owning bitcoin so why care what other people say.

You are correct that there will always be pros and cons when it comes to any topic, including Bitcoin. Influencers who support Bitcoin can help to promote it and give it a positive image, while those who do not support it may try to spread negative information. However, it is important to remember that ultimately, it is up to each individual to do their own research and make their own informed decisions, as profit or loss is always yours.

As long term HODLER of Bitcoin, we should continue efforts to convince our loved ones to take advantage of current attractive prices of Bitcoin and make an investment in Bitcoin. This decision has the potential to greatly impact their financial future.
1615  Alternate cryptocurrencies / Altcoin Discussion / Re: The Future of NFT on: January 25, 2023, 04:03:18 PM
What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

I am optimistic about the future of NFT sector, as its use case is growing continuously, many industries, such as the art, gaming, and collectibles markets, are already starting to adopt NFTs as a way to authenticate and sell digital assets which indicates that there is huge investor's interest in this sector.
It is also possible that  DEFI sector may start using NFTs as a way for representing ownership of digital assets. Despite all these positive development, it is worth mentioning that NFT market is relatively new, how it develops in future, remains to be seen.
1616  Economy / Economics / Re: "Prepare for defation in 2023" on: January 25, 2023, 01:59:12 PM
That's obviously a statement you don't hear many people say, but if we review the history of the cabal that decides if they should implement QE or QT, the cabal has the susceptibility to over-adjust in one side causing inflation, and probably deflation after over-tightening. When one act causes an outcome, they over-adjust to stop the outcome, which causes the opposite outcome.

I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING.

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

I think FED will continue increasing interest rates to stabilize prices of commodities and energy, however, it won't lead to Deflation in 2023. Deflation, or sustained decline in prices is never good good for the economy, as it can result in decreased spending & investment, which can lead to decline in economic growth and causes unemployment. If deflation were to occur, FED can use monetary policy tools, such as quantitative easing to stimulate economy.

+1

In best case scenario we could see a glimpse of deflation at the end of 2023.

It is difficult to predict anything with certainty , however It is possible that deflation may occur at the end of 2023 as inflation is cooling since June-22, but it will depend on variety of economic factors, such as interest rates and GDP & energy prices. I think FED may reverse its policy of money tightening , if there is a concern of deflation in economy. Governments always try their level best to avoid deflation in economy, as deflation is always worse than inflation, because it reduces economic activity and causes unemployment.
1617  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Looking for the Next Great 1000x on: January 25, 2023, 10:13:40 AM
It is very hard to predict with certainty  which coin will go 1000X in the next bull run, however, I think AI (Artificial intelligence) based coins have the potential to outperform due to rapid ongoing development & advancement in this technology. We have witnessed huge interest in ChatGPT since it was launched, which is evident from huge traffic on this site and it has got millions of subscribers within days, who are regularly using it to get useful information.
If AI based coins will rise, they will rise because of misunderstanding and lies. That been said, they probably will rise. But people don't seem to get how wide of a spectrum of things considered to be "AI".
Thing is, AI doesn't need a blockchain, but devs are definitely trying to sell it as a buzzword combination. This trend will be as bad as in ICOS when people seriously thought short time that dental industry would benefit blockchain making the dentacoin 1.6 billion dollar worth in marketcap.

And everyone thought it would be normal as blockchain would solve anything and everything needed a blockchain. Until reality hits. Same will happen with ai. AI doesn't solve anything just by being AI. There will be countless worthless AI solutions that doesn't work that they try to sell to us as layer 1 or layer 2 project in a blockchain.

It is true that block chain and artificial intelligence are two separate fields and not interdependent, however they may be used together  for certain applications, Possible use cases of AI and blockchain together include data privacy, security sharing of medical records, and supply chain management, but It is better to consider your risk tolerance before investing in AI coins, as they are relatively new, so there is potential of significant growth in value, but still there is possibility of loss as with any investment. DYOR

1618  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin gaining this much fame despite it's restrictions? on: January 25, 2023, 07:30:33 AM
Though I'm new in the cryptocurrency space,I have been hearing so much about crypto ( Bitcoin precisely) lately even before I got registered on the forum and I had to ask this very question because in three days I've heard and seen people talk and discuss about Bitcoin and cryptocurrency in general and it prompted my question wanting to know why it has been talked about this much and gaining more acceptance in my local community despite it's restrictions in my country and is it also gaining this much fame in your environment?

Bitcoin is gaining fame because people believe that it can potentially disrupt the current financial system. The current financial system is monopolistic and doesn't provide much opportunities of growth to an average person. Bitcoin is a revolutionary concept in the world of finance as it is deflationary and decentralized & its network can be used to make transaction across the border within minutes without involving any financial institution. Bitcoin's underlying technology, blockchain, also has the potential to be used in a wide range of industries, and as a result it has been gaining attention of media all over the world.
1619  Economy / Exchanges / Re: Binance P2P - any experience/opinions? on: January 25, 2023, 05:17:14 AM
Has anyone ever used Binance P2P at all and would like to share their experience? Any feedback, whether from buyers or sellers, is welcome.
I have been using the Binance P2P platform for several years, and I see that this is the safest way for anyone who wants to buy and sell cryptocurrencies against local currencies and with more than 700 flexible payment methods, as it allows you to withdraw on any international or national bank in any country in the world, even in banned countries It allows you to sell crypto at the price you want and buy at the price offered by merchants and without any fees, as Binance does not profit or take a percentage of fees from these transactions, in addition to the presence of support around the clock to help when any problem occurs or to resolve any dispute between you and anyone, And my important advice that must be taken into account before choosing who you want to buy from or sell to is that he be a Merchant who has hundreds of deals and a success rate above 90%.

If you would like to become a Non-Merchant on Binance, it is easy to create a Sell ad, but to create a buy ad there are requirements, check the links below.

[1] https://www.binance.com/en/blog/p2p/how-do-i-become-a-binance-p2p-merchant-421499824684903764
[2] https://www.binance.com/en/support/faq/binance-p2p-advertisements-posting-requirements-6d1c39e0afdd48f99b2d9ab0d8e1cda0

No doubt Binanace is most secure and reliable exchange for all kind of trading, from spot to P2P, besides providing large number of options available on their platform for investment, including staking and liquidity providing. Most of my friends from my country who maintain account in Binance, have been using P2P service, since it was launched, and they all fully satisfied with quality of service.
1620  Economy / Economics / Re: "Prepare for defation in 2023" on: January 24, 2023, 04:46:02 PM
That's obviously a statement you don't hear many people say, but if we review the history of the cabal that decides if they should implement QE or QT, the cabal has the susceptibility to over-adjust in one side causing inflation, and probably deflation after over-tightening. When one act causes an outcome, they over-adjust to stop the outcome, which causes the opposite outcome.

I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING.

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

I think FED will continue increasing interest rates to stabilize prices of commodities and energy, however, it won't lead to Deflation in 2023. Deflation, or sustained decline in prices is never good good for the economy, as it can result in decreased spending & investment, which can lead to decline in economic growth and causes unemployment. If deflation were to occur, FED can use monetary policy tools, such as quantitative easing to stimulate economy.
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