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Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty 2.0] COMBO Network ex COCOS-BCX | 🚀 100k USD Worth of Tokens 🚀 LISTED
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on: June 03, 2023, 10:19:00 AM
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PROOF OF REGISTRATION Forum Username: touseefahmad1999 Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661529Telegram Username: @touseefahmad1669 Participated Campaigns: Twitter , Telegram, Article, Facebook, Discord, Telegram, Video,signature, meme/gif/tiktok BSC Wallet Address: 0xE647Df29Fe72d47421B8D76B56105eb4E975f78B |
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Other / Beginners & Help / Re: Do not rely on articles as resources to learn Bitcoin
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on: May 27, 2023, 10:48:18 AM
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Thank you for sharing your observations and providing additional resources for learning about Bitcoin and cryptocurrency. It's important to exercise caution and critical thinking when consuming information from various sources, as the quality and accuracy of content can vary.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Favourite MEME COINS?
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on: May 06, 2023, 05:51:46 PM
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It's important to remember that investing in cryptocurrencies, especially in meme coins, carries a high level of risk. Their value is highly volatile and can fluctuate wildly in a short amount of time. Therefore, it's crucial to conduct thorough research before investing in any coin.
That being said, some of the most popular meme coins at the moment include Dogecoin, Shiba Inu, and SafeMoon. However, it's important to note that these coins have faced criticism and controversy due to their lack of utility and potential for pump-and-dump schemes.
As for limited supply coins, Bitcoin remains the most popular with a maximum supply of 21 million. Other coins with limited supplies include Litecoin, Binance Coin, and Cardano.
Ultimately, the decision to invest in any coin should be based on your own research and risk tolerance. It's important to consider factors such as the coin's purpose, development team, community, and potential for growth before making any investment decisions
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5
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Bitcoin / Bitcoin Discussion / Re: THE VIEW OF SOME PEOPLE OVER BITCOIN
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on: May 05, 2023, 05:09:25 PM
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You're right, Bitcoin is often seen as a unique and different type of currency compared to traditional currencies. Its decentralized nature, lack of a central authority, and limited supply make it an attractive option for some people. However, its volatility can also make it risky for those who are not comfortable with the potential ups and downs of its value.
As for concerns about illegal activities, while it is true that Bitcoin has been used for illegal purposes in the past, it is important to note that the vast majority of Bitcoin transactions are completely legitimate. In fact, the transparency of the Bitcoin blockchain actually makes it easier to track and trace illicit activities than traditional forms of cash.
Ultimately, the decision to invest in Bitcoin or any other cryptocurrency is a personal one that should be carefully considered based on individual risk tolerance and financial goals. It's important to do your own research and understand the risks and potential rewards before making any investment decisions
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6
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Economy / Trading Discussion / Re: Know it that market is speculative
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on: May 05, 2023, 05:07:12 PM
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You are correct that the crypto market is speculative and highly volatile, and that trading involves speculating on the future price movements of cryptocurrencies like Bitcoin. It's important to understand that trading involves taking on risk, and that there are no guarantees in the market.
Technical analysis, indicators, and fundamentals can all be useful tools for traders to analyze the market and make informed trading decisions. Technical analysis involves using charts and patterns to identify trends and potential entry and exit points, while indicators use mathematical calculations based on price and volume data to identify potential buy and sell signals. Fundamentals, such as news and announcements, can also have a significant impact on the market and can be used to inform trading decisions.
It's important for new traders to have a solid understanding of the market and the tools available to them before they start trading. It's also important to manage risk carefully, and to never invest more than you can afford to lose. Traders should also have a clear trading plan and stick to it, and be prepared for the ups and downs of the market
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7
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Bitcoin / Bitcoin Discussion / Re: I won £50 - should I use it to buy Bitcoin?
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on: May 05, 2023, 05:02:20 PM
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It's great to hear that you recognize the importance of diversifying your savings and not relying solely on Bitcoin as an investment. While Bitcoin can be a great long-term hedge against inflation, it is important to have a mix of assets that can provide more immediate liquidity and stability.
As for what to do with your prize money, it ultimately comes down to your personal financial goals and risk tolerance. If you are looking for a low-risk option with a chance of winning more prizes, buying more UK National Savings premium bonds could be a good choice. On the other hand, if you are comfortable with the risk and believe in the long-term potential of Bitcoin, buying some Satoshis could be a good way to participate in potential future growth.
It's important to note that investing in Bitcoin carries risks, as its value can be highly volatile and subject to sudden changes. Therefore, it's important to only invest what you can afford to lose and to not put all of your savings into Bitcoin.
Ultimately, the decision on how to use your prize money should be based on your personal financial goals and risk tolerance. If you are unsure, it may be a good idea to speak with a financial advisor who can provide personalized advice based on your specific situation
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Other / Beginners & Help / Re: Where should I start ? Bitcoin & Coding/programming
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on: May 03, 2023, 01:28:23 AM
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Learning to code can be a challenging but rewarding experience. Here are some steps to get started:
Choose a programming language: There are many programming languages to choose from, but for the purposes you mentioned, you may want to consider starting with Python for Bitcoin coding and SQL for database management. Both of these languages are widely used in the industry and have plenty of learning resources available.
Find learning resources: There are many online resources available for learning programming languages, such as Codecademy, Coursera, edX, and Udemy. You can also find tutorials and articles on websites like GitHub, Stack Overflow, and Medium.
Practice coding: The best way to learn coding is to practice coding. Start by working through small coding challenges, such as those on CodeWars or HackerRank, and gradually work up to more complex projects. For Bitcoin coding, you can start with simple scripts and then move on to more complex projects like building a wallet.
Join a coding community: Joining a coding community can be a great way to learn from others and get feedback on your coding projects. You can find online communities on platforms like GitHub, Stack Overflow, and Reddit.
Attend coding events: Attending coding events like hackathons, coding bootcamps, and coding meetups can be a great way to meet other coders, learn new skills, and work on coding projects.
Remember that learning to code is a long-term process, so don't get discouraged if you encounter difficulties along the way. Keep practicing, asking for help, and seeking out new learning opportunities, and you'll be well on your way to mastering Bitcoin coding and SQL
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Other / Beginners & Help / Re: The two ways to invest in bitcoins.
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on: May 03, 2023, 01:23:40 AM
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While it's true that buying a large amount of Bitcoin can help you acquire a significant amount quickly, it's important to keep in mind that investing in Bitcoin (or any other asset) always carries a level of risk. Therefore, it's important to consider your own personal financial situation and risk tolerance before deciding how much to invest.
For many people, dollar-cost averaging can be a good approach, as it allows them to invest smaller amounts over time without risking too much of their capital at once. This can also help to mitigate the effects of short-term volatility in the market.
However, it's important to note that there is no one-size-fits-all approach to investing in Bitcoin or any other asset. Ultimately, the best strategy will depend on your own personal financial situation, risk tolerance, and investment goals. It's important to do your own research, seek out professional advice if needed, and invest wisely to maximize your chances of success
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12
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Economy / Trading Discussion / Re: Trading Signals vs Own Analysis
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on: May 03, 2023, 01:22:14 AM
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Your observations are correct. No signal group or individual trader can generate signals with 100% accuracy, and it's important to use caution when following signals or trading based on someone else's recommendations.
It's also true that even if a signal provider has a high win rate, it's important to consider all of their signals and not just pick and choose based on a few recent results. Trading requires a long-term strategy and approach, and it's important to remain consistent in your trading approach even if you experience a few losses.
Analyzing charts and finding opportunities to enter trades can be a good approach for traders who have the time and skills to do so. However, it's important to note that trading requires a significant amount of research, analysis, and discipline to be successful. It's important to have a solid understanding of technical analysis and risk management principles, and to be prepared for potential losses.
Ultimately, the most successful traders are those who have a well-defined strategy and approach, and who are able to remain disciplined and consistent in their trading activities
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Bitcoin / Bitcoin Discussion / Re: Why can't regular flash drives store Bitcoin
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on: May 03, 2023, 01:19:46 AM
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Yes, there are software wallets that can be used to store Bitcoin on a flash drive or other storage device. These wallets are often referred to as "cold wallets" or "offline wallets" because they are not connected to the internet, which provides an additional layer of security against potential hacks or cyber attacks.
One example of a software wallet that can be used to store Bitcoin on a flash drive is Electrum. Electrum is a popular Bitcoin wallet that can be downloaded onto a computer and used to store Bitcoin securely offline. The wallet generates a seed phrase that can be used to recover the wallet in case of loss or theft, and can be encrypted for additional security.
Another option is to use a paper wallet, which involves printing out the private key and Bitcoin address on a piece of paper and storing it in a secure location. However, it's important to note that paper wallets can be vulnerable to damage, loss, or theft, and should be used with caution.
It's important to remember that using any type of wallet, whether hardware or software, comes with its own set of risks and requires careful consideration of security measures. It's recommended that individuals do their research and seek out reputable wallet providers before storing any significant amount of Bitcoin or other cryptocurrencies
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Bitcoin / Bitcoin Discussion / Re: The major role of cryptocurrency in promoting financial inclusion.
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on: May 03, 2023, 01:17:41 AM
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the points you've raised regarding the advantages of businesses taking up cryptocurrencies.
Firstly, it's true that cryptocurrencies can offer the potential for high returns, as their market values can be volatile. However, it's important to note that this can also come with a significant level of risk. Cryptocurrencies are highly speculative and their values can fluctuate rapidly, which means that businesses should exercise caution when investing in them.
Moreover, while cryptocurrencies can potentially offer high returns, they are not guaranteed. The market can be unpredictable, and businesses need to be aware of the risks involved before investing in cryptocurrencies.
Secondly, it's true that cryptocurrencies can potentially reduce payment sorting costs for businesses. This is because cryptocurrencies enable direct peer-to-peer transactions without the need for intermediaries such as banks or payment processors. As a result, businesses can potentially save money on transaction fees and processing times.
However, it's important to note that cryptocurrencies also come with their own set of transaction costs, such as network fees and exchange fees. Additionally, businesses need to be aware of the potential risks involved in accepting cryptocurrencies as payment, such as the possibility of fraud or theft.
Thirdly, cryptocurrencies can potentially serve as an alternative asset class to cash, which can be subject to inflation. This is because cryptocurrencies are decentralized and not subject to government control or manipulation. As a result, they can potentially provide a hedge against inflation.
However, it's important to note that cryptocurrencies are not yet widely accepted as a means of payment, and their adoption is still in its early stages. Additionally, their volatility can make them a risky investment, and businesses need to carefully consider their investment strategies before investing in cryptocurrencies.
Finally, cryptocurrencies can potentially offer businesses greater control over their capital and provide opportunities for direct involvement in digital business. This is because cryptocurrencies can enable businesses to bypass traditional financial institutions and engage in peer-to-peer transactions directly with customers or partners.
However, businesses need to be aware of the risks involved in this approach, such as the potential for fraud or theft, and the need to maintain robust security measures to protect their digital assets.
In summary, while there are potential advantages to businesses taking up cryptocurrencies, they also come with significant risks. Businesses should carefully consider their investment strategies and take appropriate precautions to manage these risks
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Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid a scam project?
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on: April 29, 2023, 12:52:57 PM
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Yes, it's true that there are many new projects launching in the cryptocurrency space every day, and it can be challenging to distinguish between good projects and scams. Here are some tips that can help identify potential scams in the cryptocurrency space:
Do your research: Before investing in any project, it's essential to do your research and understand the project's fundamentals, including its whitepaper, team members, and roadmap. You can also check out the project's social media channels and online forums to gather more information and feedback from the community.
Check the team's background: It's crucial to research the project's team members' background and experience. Look for projects with a reputable and experienced team that has a track record of successful projects.
Analyze the project's technology: Check the project's technology and its potential for innovation. Be wary of projects that promise unrealistic returns or use buzzwords without any substance.
Evaluate the project's community: Look at the project's community and its engagement. A strong and active community can indicate a healthy and legitimate project.
Be wary of promises: Be cautious of projects that make grandiose promises, such as guaranteed returns or high profits. No investment is entirely risk-free, and high returns often come with high risk.
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Economy / Trading Discussion / Re: Trading or investment! What's your take?
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on: April 29, 2023, 12:50:26 PM
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I think that trading is like the first stage of investing. It is quite difficult to invest without knowledge of the market, this aspect is also worth considering. But if you have knowledge of the market, you are already much more likely to succeed. At least that's what I would recommend doing.
That's a valid point, having knowledge of the market is crucial for both trading and investing in cryptocurrencies. Trading can be a good way to gain experience and knowledge of the market before investing in the long term. By actively trading and monitoring the market, traders can develop a better understanding of the market trends and make informed investment decisions. However, it's important to note that trading involves higher risk and can be more stressful than investing, especially for beginners. Investors can choose to invest for the long term and benefit from the potential growth of the cryptocurrency market over time. In summary, both trading and investing in cryptocurrencies require knowledge of the market, and the choice between the two depends on individual preferences, risk tolerance, and investment goals. Traders can use trading as a way to gain experience and knowledge of the market, while investors can choose to invest for the long term and benefit from the potential growth of the cryptocurrency market over time. |
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Other / Beginners & Help / Re: Some common ways to discover phishing attacks
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on: April 29, 2023, 12:46:48 PM
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Phishing attacks are a common form of cyber attack that attempt to trick individuals into revealing sensitive information such as usernames, passwords, and credit card details. Here are some common ways to discover phishing attacks:
Check the email sender: Be suspicious of emails that appear to come from a legitimate company or organization but use a slightly different email address or domain name. Always check the sender's email address to ensure it matches the official address of the company or organization.
Look for grammatical errors: Many phishing emails contain grammatical and spelling errors. Legitimate companies and organizations usually proofread their emails to ensure they are free of errors.
Beware of urgent or threatening messages: Phishing emails often contain urgent or threatening messages that attempt to create a sense of urgency or panic. Be cautious of such messages and always verify the authenticity of the email with the company or organization.
Check the links: Hover over the links in the email to check if they lead to a legitimate website. Phishing emails often contain links to fake websites that mimic the official website of the company or organization.
Don't enter personal information: Legitimate companies and organizations will never ask for personal information such as passwords, credit card details, or social security numbers in an email.
Use security software: Use security software, such as antivirus and anti-malware programs, to protect your computer from phishing attacks.
Keep software up to date: Keep your software up to date to ensure that you have the latest security patches and updates to protect your computer from known vulnerabilities that can be exploited by phishing attacks.
In summary, be vigilant and cautious when opening emails and always verify the authenticity of the email with the company or organization before entering any personal information.
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Economy / Trading Discussion / Re: Know it that market is speculative
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on: April 29, 2023, 12:24:52 PM
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Yes, it is widely recognized that markets can be speculative. Speculation refers to the act of buying or selling an asset with the expectation of making a profit from fluctuations in its price, rather than from the underlying value of the asset. In a speculative market, prices may rise or fall rapidly due to investor sentiment, news events, or other factors, even if those changes in price are not fully justified by changes in the fundamental value of the asset.
Speculation can be a double-edged sword. On the one hand, it can provide liquidity and help markets to function efficiently by allowing investors to express their opinions on the future direction of an asset's price. On the other hand, excessive speculation can lead to market bubbles and crashes, where prices become detached from their underlying value, causing significant losses for investors and disrupting the wider economy.
Overall, while speculation is a natural part of any market, it is important for investors to be aware of the risks involved and to exercise caution and discipline when making investment decisions.
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Bitcoin / Bitcoin Discussion / Re: Adopt Bitcoin or keep Experiencing same Challenges with Banks
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on: April 29, 2023, 12:23:31 PM
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Whether to adopt Bitcoin or stick with traditional banking depends on your personal preferences and circumstances.
Bitcoin is a decentralized digital currency that operates on a peer-to-peer network, allowing for fast and secure transactions without the need for intermediaries like banks. Some people choose to adopt Bitcoin because they believe it offers more control over their money and more privacy. Others are drawn to its potential as an investment or a way to conduct international transactions without currency exchange fees.
However, it's important to note that Bitcoin comes with its own set of challenges and risks. Its value can be volatile and unpredictable, and its adoption is not yet universal, so it may not be widely accepted as a form of payment in some places. There are also concerns around the security of Bitcoin wallets and the potential for fraud or hacking.
On the other hand, traditional banking offers a range of services, including savings accounts, loans, and credit cards, that are not yet fully available through Bitcoin. Banks are also subject to regulations and government oversight, which can offer a layer of protection and security for your funds.
Ultimately, whether to adopt Bitcoin or stick with traditional banking is a personal decision that depends on your financial goals, risk tolerance, and overall preferences. It may be worth considering both options and assessing their benefits and drawbacks before making a decision.
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