Bitcoin Forum
May 13, 2024, 04:38:46 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Other / Off-topic / Re: Your value counts on: March 17, 2022, 08:34:44 PM
In this our 21 Century, no one wants to go with someone without a value , for someone to be important in the society and won't be left out in the society you must have a unique thing that you offer that will differenciate you from others or a problem that you help people to solve and this in turn gives you value , it can be skills, Advice, Mentoring etc. The Ecomists said that the value of money is what money can buy. In order words if you relate or imply this to humans, that means the value of a person is what that person can offer.
2  Bitcoin / Bitcoin Discussion / Re: Elon Musk Wont Sell his Bitcoin on: March 17, 2022, 12:14:43 PM
Elon Musk won't sell his bitcoins, he tweeted this and we see no big movement in the market. There was a time when his tweets had big effects on the market. This guy is losing his value by promoting Dogecoin.




Nothing much about this Twitte , he's just indirectly dishing out advice to his fan and followers and this does not necessarily mean that we take every Twitte by Elon Musk to have huge impact on the market.
Secondly, I'm not discrediting him for that ,it a good one because when you check on the situation currently on ground, I think that every wise investor should know that fiat currencies are going down and you need to diversify and hedge your funds because of high inflation, so they are billionaires and they have much information than we do.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin becomes priority alternative when cash fails on: March 17, 2022, 11:58:22 AM
Actually this epic moment happened in Ukraine, I don't know how difficult it is to get cash there (even using e-money). Someone sells "a Legendary Car" with bitcoin. View more...

Another milestone that bitcoin really serves as an alternative currency especially in times of urgency, bitcoin is really valuable for someone to survive. Because urgent situations are not just about war, calamities can also have more severe repercussions. I think this is a perfect consideration for any government not to be too strict on bitcoin regulations.

(The point of this thread is not about Ukraine situations specifically, but to the experiences of the people on this story.)


Bitcoin is as we speak has gradually started showcasing it's user case , And this why it was created initially to solve the problems that fiat currencies could not solve and this is one of them [inflation hedge] in the time of geopolitical challenge ,Economic challenge etc.
Satoshi forsaw all this problems facing the world at large and hence created Bitcoin to become a safe heaven like during era of Gold.
4  Economy / Speculation / Re: How these events will affect crypto market? on: March 16, 2022, 09:15:26 PM
All these are fundamental that could help spice upward or doward of the price of Bitcoin but cannot change the overall direction hence may have effect on the price or may not.
The Executive order and the election in general still have their roles to play in the price of  Bitcoin
5  Economy / Speculation / Re: What do you think about Bitcoin? on: March 16, 2022, 08:58:03 PM
Bitcoin on the long run is going to do well base on historical data and it will someday hit $100,000 price target everyone has been hoping for,  it can be imminent it , next year or more , or even after next halving. Though there are other crypto currencies to solve a particular problem but Bitcoin will always be the Boss base on how the algorithm is programed.
6  Economy / Trading Discussion / Re: It seems that more people taking crypto trading as full time job on: March 16, 2022, 08:40:58 PM
During the situation around the world where low payed jobs more people looking for opportnuties to work online.
And crypto is one of them options
Future trading is one of the most popular ways to make full time income.
Ifyou dont know how to trade good use good signals for spot and futures trading right now many people become traders.

Are you full time trader ?


For sure!, I have seen most people quit their job in my area because of trading, when I asked they told me they make more money on trading that what they earn from their and also in terms of time that thy Put lesser time in trading than their Job so they decided to go all into trading .
Me.. I love trading I go full time into it because I derive joy from analysing the Chart and I love being independent where no controls my time.
7  Bitcoin / Bitcoin Discussion / Re: The Impact of Ukrain Bitcoin Donation and Support. on: March 16, 2022, 08:05:06 PM
Not sure that I would call it adoption but it surely gave Bitcoin A LOT of publicity in terms of being a currency/asset that requires zero permission. It's just unfortunate that a lot of people had to realize it only when in times like this — like they had to literally see it with their own eyes instead of just realizing it through studying it.


I disagree with you! Saying Not sure you will call it adoption ,that it surely gave Bitcoin a lot of publicity. Now what has happened from the news that Ukraine have passed a law legalizing crypto have shown that it's crystal clear that it's adoption and your even merited for that, I imagine.
 use the link and read yourself

https://www.coindesk.com/policy/2022/03/16/ukraines-zelensky-signs-virtual-assets-bill-into-law-legalizing-crypto/
8  Bitcoin / Bitcoin Discussion / Ukraine passed law to Legalize Bitcoin what does it mean for Bitcoin? on: March 16, 2022, 07:45:38 PM
Ukraine passed law to Legalize Bitcoin and crypto will have a positive impact on Bitcoin and on the crypto space.
The impact might not be seen happening immediately in the market but significant impact will definitely come.
This in total has a positive impact for the market in general.

Benefits of this Legalization
More countries will now pay very good attention to Bitcoin adoption unlike before and follow suit.

This will give people clearer picture of where we are heading to as most people are still doubtful of this very Technology.

Is this a great footstep taking by Ukraine Government to Cushion the effect of this war in your opinion?


https://www.coindesk.com/policy/2022/03/16/ukraines-zelensky-signs-virtual-assets-bill-into-law-legalizing-crypto/
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin Avoids De Facto Ban in Europe on: March 16, 2022, 06:40:17 PM
I totally agree with you on this , that's why the bill failed because I believe they might have gone through it and see the negative and positive impact it's going to have on people within the EU countries. Just that most Government are very reluctant in solving their major problems they have, they keep focus on banning crypto and other related activities as if it's the major problem facing their respective countries .. this keeps me wondering a lot.
10  Economy / Speculation / Re: Bitcoin price stay above $40000? on: March 15, 2022, 12:04:10 PM
Currently  the investors and market is very confused and doesn't know which direction to head to because of the issues around the world, and it's obviously seen in the chart.
texting 40k and staying above is very possible for my opinion ,but I would like to see Bitcoin test $28k-25k Monthly pattern and the retest of 20k level broke since 2020 that has never been retested and too ,for liquidity that has long been accumulating around $28k,30k,35k to be grabbed.
11  Bitcoin / Development & Technical Discussion / Issues I Had With Bitcoin transaction As Newbie on: March 15, 2022, 11:39:15 AM

What issues have you encountered with Bitcoin  transaction and How do you think it could be improved?

One of my odd experience I had as a newbie around 2014 with Bitcoin Network transaction when I started using Bitcoin (Blockchain technology) are as follow;

[1].Sending Bitcoin to a wrong address that has never been recoverd till date.

[2].High transaction fees.

[3] .Having to wait for almost more than two days for a transaction to be confirmed.

              How could this issues be improved ?
My ideas......

‌[A]. Bitcoin transaction (Blockchain technology) in my view should be improved in such a way ,
That modifications can be to either where a wrongly sent transaction could be reversed when sent to a wrong address,

‌ The system could be improved in such a way that a unique name be attached to a partular address and anonymously the system would detect immediately that the name and address do not tally and hence tag it a wrong  address, A system where this  mistakenly sent transaction can be reversed if requirements for such reversal are met should also be created.
For example
 imagine having billion dollars transaction mistakenly sent to a wrong address where there is no system in place to reverse it.

.High Transaction Fees.

‌More system should be created to help cut down the transaction fees incurred when during a transaction so that someone can pay almost zero in the transaction fees.

‌What's your Good Ideas to solving Bitcoin transaction Issues let's discuss.
12  Bitcoin / Bitcoin Discussion / Re: The most reliable coin to invest in is Bitcoin. on: March 15, 2022, 10:11:17 AM
Hello.

I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.

You should have added more facts and state your reasons clearly why you think so , you don't have much reason here because some people have also had investment in other coins that hasn't failed and still reliable Up till now too and coins like BNB, SOL, ETH that have made them more millions than Bitcoin, coins like SHIB what reason would they see here and get convinced about what you're saying.
so this coins have equally done very well some have even had better returns than btc.
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Let's pay attention to BNB? on: March 14, 2022, 10:09:30 PM
While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.


Absolutely going to reach that price target if it happens that we bounce back.
There is a way that BNB normally behaves base on my trading experience with BNB for sometimes now,
 it takes sometime to round up it consolidation while sometime it does it faster and moves with the moving train, this what is currently happening with BNB , so if you take a good look at the chart you will see that BNB is currently on a decending channel which when broken the price target is $530 and above so very likely it still going to reach that level.
14  Economy / Speculation / Re: Is Bitcoin bounce back to 60k in this year? on: March 14, 2022, 09:49:58 PM
After long time of suspension of BTC price between 32k to 40k is we think it's bounce backed to 60k this year?


This is very likely but not 100% certain, this is just Q1. If you can recall during the time of corona the dip I think was still around this time,
 I guess the market is still respectful of that very event so we still have a long way to go from here probably it's possible even much more higher than we expect.
15  Economy / Economics / Re: The economy is important for a family! on: March 14, 2022, 02:48:30 AM
I am married and have 1 daughter.

As we know, the economy is very important for families, of course, to support daily life and plan for the future. In addition to working we also need a savings or investment and this is the responsibility of parents. But if something happens that we don't want, such as death. By leaving a little treasure to our children, do we need to provide crypto investment education to our children? is it necessary?

As a parent I want to give my best.

I want to hear your opinion guys.


In this 21 century it is very good you enlightened your kids about crypto investment, your kids needs to be moving with the changing world.
Giving your kids crypto education will help them have financial freedom tomorrow . Let's assume for a example that your kid already had a knowledge about crypto in 2016 and heard about BNB when it was trading under $20 . assuming he buys one BNB every month and decides to huddle for 10 years, Now do the math and you will realize how much your kid would have already made by now.
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Alt Coins to buy with 200$ on: March 14, 2022, 02:26:44 AM
There are a lot of good projects out there I can recommend you, but "DYOR"  do your own research is best option.
and too investing in crypto With the aim of paying school fees or using your hard earned money that is not the money you can afford to loose in a volatile market like crypto is a risky one , want to let know that you can wake up one day and your investment is zero
17  Economy / Trading Discussion / Re: My trading strategies on: March 13, 2022, 09:36:55 PM
It a good strategy though, so far it working for you for now, but I think this is working base on what you have in mind in making your investment, maybe you're looking at the long term, so assuming we have a Bear market that could last for over 3 years , what would you do in such situation?,
because this won't work for someone that wants to cash out his money in the next 3-6 months it  won't have the patient.
18  Economy / Speculation / Re: Bitcoin Price. on: March 12, 2022, 07:46:38 PM
If you can take a good at the chart, top down analysis. You will realize that we are in accumulation face already and we're going to see a take off either ways,  but with the higher probably of the price heading higher if history should repeat itself. So the moment we're breaking above 45k level again with a weekly candle closure, I  think for my opinion that the market is going to the freaking moon. reason being since we had the little rebounds in the market,  we haven't had a weekly candle closure above that 45k level.
19  Economy / Trading Discussion / Re: Who is the best crypto provider to give you advice on how to trade in crypto? on: March 12, 2022, 07:29:55 PM
Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people. So, which is the best source of crypto trading signals, and which one should you use to make money?


How long and how many persons would you rely on to give you signal?, Though there are good guys out there, I guess the best option for you is to learn the skill yourself, so you know what you're doing and have total control over your capital and with this you will be able to make wise investment.
20  Economy / Speculation / Re: Crypto prices crash as threat of war looms on: March 11, 2022, 11:31:41 AM
Before all this whole event took place, Bitcoin is already headed downwards, so what this whole issues did to the market is that, it helped in pushing the price further lower but the won't change the overall direction.. News event can only spike the price and movement of a trend in a particular direction and I don't think it will change the overall direction, hence the price of Bitcoin should have pushed further downwards than where it's right now due to all this uncertainty.
Pages: [1] 2 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!