This is like saying your house by nature is easy to break into if you give someone the keys. That is not the nature of Bitcoin, it just means if you give up what signifies access to something, you've handed over that access to someone else.

I do the complete opposite. When I come across something for the first time I immediately think scam and categorize it as such, I now need to convince myself otherwise based on certain criteria depending on what platform it is, if it doesn't convince me at least uk to 90%, I still categorize it as a scam.

In this case this website has little to no online visibility despite being registered 2 decades ago, the domain name also looks like something that was simply thrown together. A scam in my opinion.

Bitcoin can do nothing to reduce the cost of living, it's a digital currency which as you described is decentralized and a good store of value. Economies of nations are more complex than simply waving a magic wand and fixing it just like that, there needs to be good fiscal policies put in place and time allowed for growth.

On a side note, high cost of living is not always telling of a poor economy. There are countries with thriving economies but a very high cost of living.

I would assume you are a Nigerian due to the communication style and you're referrn to the current inflation and economic situation in the country. It is a fire situation, with each day the naira losses value against global currencies, leading to higher cost of goods and services and little to no local production to boost exports.

Twenty years ago, such a family would have been in the middle class of society, but today they are in extreme poverty and the middle class has been all but eroded.

On the "how", I would suggest entrepreneurship. White collar jobs have fixed payments which do not increase to accommodate inflation, but selling a service or goods allows you flexibility to adjust prices as the economy changes.

This depends on where you're living in the world. Economies are different, so retirement funds across different countries with different costs of living would surely be different.

That's almost a ratio of 1:2 in terms of USD value. A true ratio of 1:10 in USD value would be 1BTC to 2 ETH.

This looks like a case of a proxyban due to evil IP, which is no fault of the OP and doesn't make them disingenuous at all. The proxyban system is long overdue for an adjustment imo, as it no longer serves it purpose.

Every information we have now is a product of what we have read, listened to or watched in the past, so every post here is us putting content in our own words. You are good if you do this. Something as simple as reading about something on a different website, closing it and then proceeding to write on it here on the forum would give you markedly different sentences and not count as plagiarism.

In cases of news headlines it's ideal to quote the source, but in general knowledge situations, not so much so.

Feel free to ask as much questions as you want.
Just don't make two consecutive replies on a thread, beyond this, ask away.

There have been a couple of scam accusations against Bitrue so I'll not touch the exchange even with a long stick. Exchanges that are relatively unknown should be avoided except they have proven to have a good enough reputation, this is because those exchanges can commit scams in isolated cases and it would go unnoticed by most.

What I do when researching on an exchange or platform is to search on he forum with the name of the exchange followed by 'scam'. It brings up everywhere it has been associated with a scam.

It really seemed like we have seen this price range much earlier than that.

I think we have two or three more resistance levels before we hit the next ATH, which might come before the halving happens

In my assumption, the U.S tends to not handle financial crime cases the way it is handled in some Asian countries. For the United States they look for the best possible scenario, so being able to get Intel on many others involved in the crime or similar ones at the expense of a lighter sentence for the convicted criminal is an easy deal.

Some other countries see the prosecutions as a deterrent to others and want to make a public show of the punishments, which should be as stringent as possible.

A clone of a website is a common scam not directly related to the crypto industry, so should not affect the reputation of the industry. There have been clones of government and banking websites which defrauded users, but did not call into question the integrity of those institutions.

I agree that it doesn't make much sense issuing a warning to scammers. Reporting the websites and tracking the bank accounts linked to then seems like a better approach that government agencies should take.

Fees have dropped earlier today to the lowest range we have seen in the recent months and the mempool is not as clogged as it was. No current situation suggests that rising fees would make it impossible for regular people to transact, this would be a problem for several decades down the line when mining rewards is majorly transaction fees and miners need to charge an amount that would cover their cost of mining.

There are several solutions that exists to fix the fees problem and more would be implemented down the road. One of them is off chain transations, this should become more popular and attract more users, taking much of the load off on-chain transactions.

What's the withdrawal fee on mexc exchange? If there is a withdrawal fee, then it would cut into your already little find making it more difficult to convert that on any other exchange you plan to send it to.

My advice would be to leave it there until you can add some more to it to scale the minimum withdrawal fee.

It's that time of the season again, where we gets lots of advice and questions about the direction the market is going.

There are so many other facets to consider as a trader or investor. A long term investor would not try to take profits at every opportunity that presents itself, but a more consistent trader can. Also, some investors already have a price target which they have locked in on and do not plan to sell before then.

Not being encrypted means that the public can read the information, making it a public server. This does not mean that the public can alter the data which is stored on it.

You're right. When you break it down into nuances, there are situations when blocks do not include transactions, but those happen very uncommonly and far between.

• Bitcoin does not use blockchain to support transactions. Transactions are what makes up each block which is joined with the rest to form a chain.

• Miners do not validate transaction, they confirm them by solving the cryptographic puzzle and make their candidate block the next confirmed block.

Every asset has a certain level of volatility.

Potentially, a user can earn more than 1 activity point per day. If you make 6 posts in one day within an activity period you earn 6 activity points, but as you pointed out it is a maximum of 14 points in 14 days. The only outlier is when a new user opens an account close to the end of one activity period and can earn 28 points within the next 14 days + the number of days left for the activity period they joined in.

There is a forum thread where you can get unbiased updates from forum members. Craig Wright has been going on for years with his baseless arguments that he is satoshi and he invented Bitcoin. He has not been able to provide any single evidence to back up his claim for a network that is public.
Hopefully at the end of this case he is restrained from making the claims that he is satoshi or that he created Bitcoin.

He could try to use a legal injunction to get the devs to Grant him access to the bitcoins that are suggested to be owned by Satoshi. I don't think he would succeed would that even if the court accepts his claim.

Almost all of us here on the forum would not be anymore at that time, it's a ridiculously long time away. I wasn't suggesting you wait a century before you profit from your investments, rather I was suggesting you soon out and realize that if you factor in how much longer Bitcoin would exist, you are still among the early adopters now.
If you focus on the now, it looks like you've missed the train, but it's just getting started.

Fun fact; if you hold your bitcoins long enough and accumulate enough, you'll only need a tiny percentage of it to "enjoy your investment".

You are still early. In 50-100 years, those who were able to get on it with thin the first 20 years would be viewed to have been extremely lucky to have caught on so quickly. From 2017 people have been complaining about being late to Bitcoin rather than taking advantage of the opportunity they had.

There are over 8 billion in the world and way less than1% of that are interested in bitcoin, owning some. You can still be part of the less than 1%.