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1961  Other / Politics & Society / Re: Power Or Money ? on: May 07, 2022, 11:41:57 PM
I'll say Power. When power reaches you, automatically money accompanies. Being into the power gives the access that can't be brought with money. This will let you make money through the power than having money in hands. Beyond all this money and power you need to be healthy enough to enjoy it. So, good health is the key factor above all this secondary substance.
1962  Economy / Speculation / Re: Quantum will hit hard on: May 07, 2022, 11:18:05 PM
Quantum have got big ability, but this won't hit hard the bitcoin network. Current quantum processors built by IBM, presently stands at 127 qubits. Systems packing 13 million qubits could break the network, but that isn't going to happen in the short or within specific number of years. Also there is more time available for the developers to make bitcoin network so strong against the quantum computing.
1963  Economy / Economics / Re: Standard of living on: May 07, 2022, 11:10:46 PM
Well, it has changed a lot.

Before I can save during paydays and that was a big help to me. But right now, I have to sacrifice some things that I like and won't buy them just to afford the other necessities that I need.

Inflation is rising and with the war, the oil has kept on increasing almost weekly and I think that it shall continue until the end of the year. When oil is the one that's being affected, all things are really going to increase and their cost will definitely hit the consumers like me and you.
Oil price increase is the big thing experienced throughout the world. When the transportation cost increases, automatically everything is getting increased. To overcome the ongoing oil price issue only way is to move to set renewable energy production. To the increase in the inflation, the governments were increasing the interest rates. By the time people should be provided with the increase in the salary. Governments and the corporate networks never take this into consideration.
1964  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tron (TRX) Discussion on: May 07, 2022, 10:53:04 PM
honestly, it is still one of the most popular coins in this space.
Tron might be a potential altcoin, otherwise it never able to stay good position for longer. It also has products and people using for many purpose but their development team sounds unprofessional enough to me. Many bull run have passed away but tron still has same volumes with cheap price. currently development and system upgradation are seen on tron's performance. So maybe we can optimistic about it
Tron is being used much on the transaction for its low fee and faster confirmation. As a form of investment it hasn't gained importance. However Tron as a cryptocurrency on the top list failed to fulfill the expectation of investors. Last year the CEO of Tron Justin Sun stepped down and this was termed as a new beginning for TRON's growth. But nothing big has happened, but the hope remains with the investors and long term holders.
1965  Bitcoin / Bitcoin Discussion / Re: How do you spread BTC to people within you on: May 06, 2022, 08:56:33 PM
I used to direct the people towards our forum. Very few stand long learning about cryptocurrencies, whereas the majority loss interest within a short time period and the rest continue to explore through all possible ways. Recently I was surprised to see a friend of me to whom I described about cryptocurrencies now has a strong crypto portfolio holding good long term profiting coins.
1966  Economy / Gambling discussion / Re: Horse Racing and Gambling on it should be banned on: May 05, 2022, 11:35:27 PM
If horse racing needs to be banned, then there comes a big list, because in every country they've got something different from each other. In a video saw about the dog race, bull race is there. Depending on the animal that is being much used people conduct some races and enjoy. As said in one of the above post if these games are to be banned for animal cruelty, then first thing that needs to be banned is the human fights for championship.
1967  Economy / Economics / Re: Ukraine has launched a global initiative United24 to raise funds on: May 05, 2022, 10:39:14 PM
The country have already raised more than $60million through Ministry of Digital Transformation, Ukraine in terms of cryptocurrency which is aimed at $2billion. However it is a good amount and it has helped big on need. Now Ukraine focusing on raising funds in all possible ways is really a good move, but prior to that Ukraine should find a way to end the war. Without ending the war, rebuilding of the country isn't going to be effective.
1968  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk bought Twitter on: May 05, 2022, 09:44:03 PM
with this meaning Dogecoin will be Boosted in the coming days, and Elon love when His baby coin making its way to the top once more.
This is the wrong type of thinking that will cost you to lose money, but I am fine with it because it is your own money and nobody can stop you from gambling it away. Just because Elon is interested in twitter, and he was interested in doge (not that he has tweeted about it back to back for too long now) doesn't mean he has to connect the two together.

I mean if they find somehow a way to use dogecoin to filter spam then maybe it will be a decent idea and if it works then it will be great but they need to see if it will be even implemented first. Between buying it and the deed is done and then working on the solution and making it stick? That’s months and months, maybe over a year.
Through this Elon Musk have planned of adding more real-time usage access to Dogecoin. This doesn't mean he's in need of connecting both dogecoin and twitter just because he bought twitter. Some plan have been suggested by American Billionaire Mark Cuban about the usage of dogecoin for the scam bot issue on twitter. For the same Mark Saylor suggested the usage of bitcoin. There is nothing concluded for now.
1969  Bitcoin / Bitcoin Discussion / Re: How safe it is to invest in cryptocurrency on: May 05, 2022, 09:12:17 PM
If it is about securing the future, then without doubt it is the safest way to enjoy the future. What we save today will surely help us in the future. If you go through any of the article, for what purpose cryptocurrencies were preferred by people will give the answer. To overcome the inflation happening with their traditional currencies the best choice is cryptocurrencies. Earlier people used to have lots of criticism, but now things are different with the institutional investors participation.
1970  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin continue to have the same effect on alts? on: May 05, 2022, 06:24:37 PM
Rather than taking 10 and 20 years of market movements, it is good to have the current market situation into discussion. In the last five hours the price of bitcoin have crashed drastically over $3000. The price which was found around $39600 have now come down to $36700. There is no strong reason upon which the price have fallen, and the top altcoins were following the same crash. This time on an average of around 5% decline in the price have happened.
1971  Economy / Trading Discussion / Re: Advice for poor people who wanna get some crypto on: May 04, 2022, 11:48:00 PM
There are many ways to earn crypto or to get some Crypto without any investment. You canjoin Airdrops and Bounties to earn Cryptocurrencies without investment and it's really much profitable and a great way to get some coins.
But not every bounty that you will join is going to be successful and the same goes for the airdrops.

It's right that there is no investment needed but only your time and a couple of efforts to become eligible recipient of those tokens. Well, just be open to any possibilities.

There could be some of those that you'll join may go successful but, majority of them wouldn't be.
Bounty is long and time required program. For new users it's very complicated to do all task correctly. Proof of authentication,weekly report, Registration, these are are new and hard for newbie to do. Some BM are very strict and Rude and they did not hear anybody and after hardwork for small mistake they will reject your work and remove all stack but if someone learn well then it's very good for newbie
It's not complicated to just follow and complete all of those tasks that are required to do.

They're all easy and less effort needed to be done but, the actual question is if that project you have joined will be worth the buck to waste your time.

Because it's known that these times, only a few project are becoming successful and you don't know which of them will.

Just because these are all easy and have less effort, it doesn't mean people can make good money. Here too we need dedication unlike the project. Compared to the past days, now one in five/ten projects succeed whereas the rest will just stay as a token and never gets used. Maybe the failed one too can succeed in the long term. So, it is good to secure all the rewards received. This can bring some earning, but I'm not sure how effective in the process of making a poor get rich.
1972  Economy / Speculation / Re: What make people panic sell? on: May 04, 2022, 10:58:17 PM
Panic selling is just the representation of selling out of fear. This happens when the price of bitcoin drops down. Right now the market isn't dropping big, there is good fluctuation that can be used by the traders to make profit. The price that was down to $38k have now bounced back reaching close around $40k. So, people needs to watch the market carefully to make profit than ending up with losses out of panic.
1973  Economy / Economics / Re: Gold , Silver Or Crypto? on: May 04, 2022, 10:49:57 PM
Gold when you want to retain your wealth and are only interested in battling inflation.
Silver is a little more risky. I'd say why buy silver if you can have gold? Maybe it has more potential, but there's also less industrial need for it. If you're considering silver, you can as well buy copper or brass. They both doubled since 2020.

Bitcoin is the one that will allow you to make money and the risk is not that high with it. I'd say that investing in startups carries much more risk and yet people keep doing it.
Yes, gold helps in fighting inflation. When the user looks for diversified investment, then add silver to the list. In recent days the interest among common people to invest over metals have increased. This is all because of the rare availability of metals. Cryptocurrency investment is risky, but that can be easily overcome by holding. If there is good growth in the market need to sell it, else just hold. This lowers the investment risks.
1974  Alternate cryptocurrencies / Altcoin Discussion / Re: what's the ethereum killer ... on: May 04, 2022, 10:42:55 PM
There will be no ethereum killer. All of blockchains that said that to be ethereum killer was actually BS. Will they kill ethereum? yeah they will not do that. Ethereum is still remain the same at the top of smartcontract platform unlike another platform which was going up and down. I would like to call that the new project was using it as for the promotion purpose only.
These days people are looking for the small cap tokens to invest. that make sense to see that project was doing it right now.
Agreed, there is no ethereum killer. It is possible to understand the minds of people. Is there anything to be termed as Bitcoin killer, same as that ethereum have secured it's position and can't be killed by something that has existed with lots and lots of features. Users can make good profit out of those cryptocurrencies, but it never takes the position of ethereum.
1975  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are we going to see a new altcoin boom soon on: May 04, 2022, 10:37:53 PM
The market is at its corrective action, so the price could fall down or if could bounce. For now it looks like the price of altcoins have got dropped with connection to the fall in the price of bitcoin. With bitcoin we can't get into conclusion about the trend, because it looks like market movements were of fluctuation and not a decline/increase.
1976  Bitcoin / Bitcoin Discussion / Re: Wikipedia stops accepting btc donations - “inherently predatory” on: May 03, 2022, 11:17:48 PM
Only dumb people would really believing into this bullshit kind of reasoning for those institution/companies/government who do really take blame or put some emphasis  with
this energy issue against Bitcoin.
Sadly, there are a lot of such people in the world today and Wikipedia may be looking to pander to the general public by this action. I could interpret this action to mean; "we were not getting enough Bitcoin donations for the gamble we took to attract Bitcoin users and have decided to drop it in a way that makes us look good"
Would be nice if they actually returned the little donations received in cryptocurrencies.

According to a news article only 400 Wikipedia editors participated, out of which 232 users - 71.7 per cent were in support of the proposal against crypto donations and 94 editors voted for crypto donations, others (75 users) were excluded from voting. I don't know on what basis this is being done. Another this it has received just $130k donation in the form of cryptocurrencies from 347 donars, which is less than 0.1% of what is being got as revenue. This is the prime reason for stopping bitcoin donations. But Wikipedia have wrapped it with the energy issue and have given different statement that they're the saviours of the planet earth.
1977  Economy / Speculation / Re: Bitoin prediction - 1 Million dollar by 2025 (Expert) on: May 03, 2022, 10:50:26 PM
With Bitcoin any form of market move is possible, but it gets hard when the same is being connected with timeline. One of the prediction have come for the year 2022 which is to reach $120k. This is realistic and a reachable price if the market gets good support through adoption and widespread from large scale institutional investors participation.

Reaching $1million within 2025 isn't a realistic prediction. We should also think of the price movements of bitcoin making anything possible in no time. During its previous bull market over the year 2017 people are predicting it to reach $5k but it reached $20k. So bitcoin also does unexpected moves.
1978  Economy / Economics / Re: Probability Failure of Central Africa Republic & El Salvador Bitcoin Adoption on: May 03, 2022, 10:10:41 PM
There were a lot of probelms ofc some of them like :
1. Not enough time before implementation which caused disaster since people and companies were not able to adopt it at such a short notice
2. Users did not use the bitcoin ATM and wallets again after taking the bonuses apparently
3. There were identity thefts as well to get that 30$ deal so people are having a lot of problems concerning that as well.
4.  The government is not able to even pay their debts as well since most international countries are refusing to lend them money as well because of volatile nature of Bitcoins.
I think these problems need :
Time
Good management
If not they would literally have problems holding upto the standards and would be left behind.
To address all this issues the market could've gone bullish reaching above $100k as President Nayib Bukele predicted. In my honest opinion the price of bitcoin is a major factor that could help in overcoming the mentioned issues of El Salvador. As the market isn't supportive to the progress in the economy, most of the plans have got postponed/reschedule. This too a reason why bitcoin adoption within El Salvador is termed a failure.
1979  Economy / Economics / Re: Bitcoin Legal Tender in Panama on: May 03, 2022, 09:51:37 PM
The Latin American country approved bitcoin along with eight other cryptocurrencies as legal tender within the country. Accepted cryptocurrencies include BTC, ETH, XRP, LTC, XDC, EGLD, XLM, IOTA, and ALGO. Panama isn't the first Latin American country to adopt bitcoin, there is more news mentioning the adoption of Panama to be more potential than the one by the Latin American country El Salvador.

It is stated that El Salvador, which only recognizes Bitcoin (BTC), Panama is introducing regulations for a total of nine cryptos, including Bitcoin which makes it more effective. As part of the regulation there is no capital gains tax. Businesses in Panama have been given the access to accept bitcoin and it isn't mandate according to the regulations. More good things happening in Panama and the same needs to get spread around.

I doubt that anyone reasonably could proclaim that Panama is "more effective" than El Salvador because they are more shitcoin inclusive. Opinions definitely are going to differ on that angle, and surely government choices end up being a balancing of interests that may or may not end up with anything close to perfection or even sometimes questions regarding whether policy changes or implementations actually end up adequately reflecting the balancing of constituents or the interests that they might be attempting to serve, and I am attempting to be more descriptive rather than judgmental.

Ultimately, I would concede that Panama's way of recognizing bitcoin (as well as other forms of crypto currencies/assets - aka shitcoins**) will cause it to have differing dynamics, and whether future jurisdictions gravitate more towards Panama's way or El Salvador's way is still to be seen - or maybe Panama and El Salvador end up learning from each other and move more towards the middle (or some hybrid version of their current selves)?

Probably both the countries at present have some difference in the way of adoption as well as with its regulation process. This could end up both learning from each other. The adoption by El Salvador is stated as a failure, but that isn't the truth. Immediate impact out of bitcoin adoption could've happened if the price of bitcoin have touched $100k by now and there is complaint that majority of the people just make use of the bitcoin and never use the chivo wallet anymore. With Panama, there is private transactions that can be made makes it better and acceptance of more cryptocurrencies could make people use cryptocurrencies.
1980  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you think that 2022 will look like? on: May 03, 2022, 09:42:32 PM
There is more room for growth with the adoption of bitcoin by different countries as well as getting more real-time usage. This will gradually increase the market of bitcoin, and as more users expect I don't think there is big bounce in the price. It looks like this year will bring sustained growth which is the true growth than any form of hype/manipulated growth.
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