...what is your thinking about the collapsing of world economy with highing inflation.
It's a difficult situation, but not to the extent of collapsing the world economy. The lingering war would have lasting effects, as it was unexpected and many countries who were heavily dependent on either Russia or Ukraine got hit hard, and it would take a while, but they would recover and adjust. The lockdown crisis is also a factor in the falling economies and would also take a while to recover from.
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Paper and ink stored properly will survive hundreds of years. Proper redundancy and off site back ups should be the most important thing that people focus on. Two pieces of paper in separate physical locations is far more resistant to disaster than a single piece of metal.
+1 This is a very practical advice which would save users lots of headaches, as well as, money spent on acquiring fancy ways to store their bitcoins. For one, paper storage makes it relatively easy to back up your seedphrase within minutes as compared to other means, so, one can easily create multiple addresses and back them up safely. Anyone can do it themselves, as opposed to some other means of storage that would require one to visit a handyman to execute properly, risking exposure. It's easy to store something written on paper safely in multiple locations than to store a block or plate of steel.
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I'm not a U.S. citizen and the information I have about recession, inflation and rising cost of living is from what's available online and in the news. I would say to an extent the global market stage has been affected by the happenings over the past 2 or so years, and each country has taken a hit, albeit to different degrees. Sometimes, I catch a glimpse of what is being said on televised news. And it is like a completely different world from the articles published on the internet. The content is completely different Has anyone had this experience?
Well, news releases and written articles are a bit different. Writers these days do no write original content as much as they used to, and many of the released articles are quotes from government officials which would most likely be optimistic. News casters more often speak on pertinent issues and share their own original thoughts (could be biased of course).
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Is it still possible for bitcoin to fall below $14000 that some analysts predicted when some bulls are not ready to sell yet and some even bought more bitcoin at a price below $20000.
Bitcoin can fall below $14k, and that's not because some analyst predicted it, that would be because any price action is possible in the crypto market. While $14k is possible, I would say it's not probable at this point. There would need to be a sufficient sell pressure to pull the price to such levels, and with holders not selling off, that is not likely to happen yet. Sentiments of holders and traders can of course change at any point in time, so predictions and speculations can always be proved wrong.
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Have we ever thought on the sidelines of our minds being bored while in front of a computer/laptop/android and so on, who will continue our activities in this forum? If our answer is children, can they be as consistent as we expect?
When many members here were children, Bitcoin had very likely not been invented yet, so no one really expects children to take over the forum. There is no point at which the current forum members would collectively abandon the forum, there are users of all ages here and there would be a slow transition as time goes by. Can we hand over the account password and private key to access our Bitcoin wallet from now on?
Again, no one is handing over their private keys to children, and imo, no one should ideally be handing down their account password. Social platforms are not heirlooms which gets transfered or inherited.
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Same thing with Micheal Saylor. He has to prove his strategy valid, so he must keep this "Bitcoin Maximalist" stance in order not to scare Microstrategy's investors.
I think, investors should typically not be influenced by optimistic tweets, but rather figures. Saylor did share some figures recently about how Bitcoin coped when compared to other assets since microstrategy bought in; doesn't reflect their personal numbers, as they have bought at different times over the past months, but it shows the market is not as bad when compared with other markets. This is why there is a constant stream of upbeat tweets.
IIRC, the plan was to hold for 100 years, so if the market goes well, he should not need to defend the investment after the next 5-10 years
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I'm sorry but I do not totally agree with the OP's statement that Bitcoin is the only way. The world needs good governance and freedom from oppressive regimes. Bitcoin can't thrive in countries where the aforementioned variables are lacking. Besides, not everyone will adopt bitcoin.
You do have a point. In extreme cases like China, Bitcoin cannot offer a solution, cause it would not be allowed to thrive and citizens would not want to risk their safety using an illegal currency, which many of them cannot purchase due to regulatory bans. But, in a general scope, Bitcoin is an avenue to bypass strich regulations. We saw that in Nigeria, where during protests (2020, in relation to police brutality) donations where sent in through bitcoins after the government clamped down on bank accounts of those involved in the peaceful protest. This has also been replicated in other countries as well. We would never have a utopian society, but having an alternative like Bitcoin is a lifeline. Several reports have debunked the viral video of the tanks saying that the video was actually filmed in Rizhao City in Shandong province and that they believe the activity was a military exercise 1.
Could be attempts to cover the situation up to the public eye. I've seen a lot of oppressive governments to know that this is not beyond them.
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...unfortunately even more who do not know what bitcoin and how scammers try to deceive people, what's more annoying is that it's quite difficult to convince those people that it's a scam.
This is the greed factor. Bitcoin as a get rich quick scheme, where one buys low and sells high a couple months later, driving off in their lambo, is a lot more attractive than, Bitcoin as a decentralized currency, which is pseudo anonymous, immutable, secure and irreversible, giving their user full control over their finances, without being dependent on a third party. For this reason, people want to believe what scammers say and fall for cheap scams, like send 1 BTC to get 2 back. it's actually true that bitcoin is centralized
Bitcoin is NOT centralized, has never been.
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Furthermore, many platforms similar to Crypto.com, which offers Bitcoin exchange to different countries, and Zetrix blockchain, which uses cross-chain technology to provide smart contracts, scalability, and security services, as well as popular platforms like Binance, have facilitated these expansions.
You make it out like these platforms are doing Bitcoin a favour, when on the contrary, they exist cause of Bitcoin and cryptocurrencies. The are also centralized, which is the opposite of that Bitcoin is, so they act as channels for governments to gain control over an unregulated system, while risking user privacy, funds and using inflated transaction prices to motivate users to store their funds with them.
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<snip> I'll be keeping a mental note of your account and how much you progress on the forum. You have a great mindset about the forum, and have shown qualities that many newbies lack, in the single thread. I'm not a merit source and don't always have stored smerits, so don't get excited. There are really a lot of posted topics here and I really don't have an idea where should I start. I want to learn. Thanks everyone!
It can be overwhelming sometimes, so just take it a step at a time. Get understanding of the forum, and then the basics of cryptocurrencies. You can then use your basic knowledge as a directory to search for what topics interests you.
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Buy a copper membership to unlock quickly your avatar feature without undergoing to rank up to full member Cooper membership gives one many of the features available to a traditional member ranked user, of which posting avatars is not a part of. The main purpose of copper membership is to allow newbies to post images without having to wait to rank up. You can read more here
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But it is not enough to crash Bitcoin almost about 10k down. <snip> The point is that an altcoin having fundamental issues is not going to affect Bitcoin much, the sell off could have caused panic as it's somewhat Bitcoin related and can cause panic and fud. There are also other factors that goes into price movements besides what hits the news as headlines.
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I am thinking if a user put me into his ignore list but I send him a PM does he get it? I just did a quick test, and yes; You would get a PM from a member you put on ignore, and so a user who ignored you would also get your personal message. They would also get an email notification of the message. This would mean, the ignore user option only blocks the user from your posts and not PMs.
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Although I'm very tempted to start, I'm still reluctant to ignore users because it feels "permanent" and I don't want to miss out on their contributions if they decide to change their posting habits. I don't quite see the ignore option as permanent, even though I don't use it often. When scrolling through the forum, you can still see the replies of users you've ignored, and their threads are still visible on the board landing page, it's just dimmed and not as visible as others. The point is, ignored users do not fall under your radar You can always temporarily unignore them to check out what exactly they posted, and if it's more of the same, you keep them on your ignore list. If, however they've improved, you can consider leaving them unignored, or check their profile to check their last couple of posts. Theymos is highly unlikely to add a new feature, so it's up to you to regulate it the way you want.
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All the figures above are correct, but there is one point to note; New members can realistically get more than 14 activity in a 2 week period.
The 2 week activity period is fixed for all member, so if one joins in closer to the end of the 14 day period and make more than 14 posts, they would get the full 14 activity points.
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I do not know why the news are bring this up...
Clickbait to build traffic. Many of the media houses today do not deserved to be called that as they only try to be as sensational as possible in their publications, without much attention to facts. The general bias towards Bitcoin has also been negative, so I do not take gheyr articles seriously anymore.
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At this time, none of the news coming out of China is surprising. China continues to increase their totalitarianism style of leadership, to the obvious detriment of the citizens. The government wants to control the people and as such, need to control the flow of money. This is not possible with Bitcoin, hence the outright ban on it.
In other less stringent countries, Bitcoin might be the solution, but no one can yet live solely on it as their basic currency, creating the need to hold fiat to a certain extent.
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From a broader perspective; Investing is majorly learnt through research. Identify an emerging industry or one which you think still has potential for growth. Study the fundamentals and utilities of the assets around that industry. Understand how to safely purchase and store the assets, at minimal cost. Then you can make a purchase.
This is of course narrowing everything down. Investments would need more research, knowledge on how best to buy depending on market cycles etc.
From a Bitcoin perspective; This is bitcointalk, so I can assume you are interested in acquiring bitcoins. This forum already presents an amazing resource material. Do your research on how it works, how it's valuable, and why is should remain valuable over the coming years. The links provided above would be useful in your journey.
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Do you know other ways to recognize these projects?
Don't Fomo into any investment. Many of these scams are relatively easy to spot, but people easily get influenced, and when popular personalities recommend something, they rush into it without doing their own research. Recognize that 99% of projects are scams or spam repetition of an overused concept, With this, you would realize that there are very high chances this project you've come across is one of them, so you tend to scrutinize it more, Do your own research.
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What is not clear to me is where is the line that divides being punished for plagiarism or not...
I can't argue on the case you linked, but plagiarism are handled on a case by case basis and not a straight forward rule. Since, it is real humans moderating the forum, they would decide based on their personal perception of the situation, and some guidelines which theymos has now and again posted around the forum. Things like; The intent behind the post, The previous positive contributions of the user, Whether or not the post was incentivises, e.g, if the user is wearing a paid signature, etc. It's also possible that a reported case has not yet been attended to by a mod. I say this not so much because of <snip>
I always read the name as DiceLover
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