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1061  Economy / Scam Accusations / Re: rmcrypt.com - Ponzi scheme sugarcoated as a platform for sharing "donations" on: September 10, 2023, 01:02:40 AM
Bro it win-win solution you give them a donation and they give you back as a mention on their site "Your donation will be distributed to all participants and in turn you will receive donations from other users with a total amount of BTC1.4 to BTC2.4"  Grin Grin Grin Grin Grin Grin Grin

What a Joke, I mean just look at their site  Tongue and who the F actually deposited in their site  Grin. I just hope people nowadays are getting smart
1062  Economy / Scam Accusations / Re: Bitmex is being stupid on: September 10, 2023, 12:56:08 AM
I used Bitmexy last year and the exchange worked fine, I using it because there was no other alternative exchange at that time. However, I do believe they not gonna freeze the account without reason unless you are breaking their Term of Service or they did it because there is something fishy in their exchange.

Tho before we made all the speculation about Bitmex you should email them back about what is going on!
1063  Economy / Service Discussion / Re: Binance and multiple citizenship on: September 09, 2023, 02:13:24 AM
I am also curious about what is gonna happen in a case like this, but in my opinion that you can still be registered with your other passport from B or C if you have dual citizenship.

and you might access the site using the VPN but worth the mention that some VPN can be detected by binance and your account can get locked
1064  Economy / Service Discussion / Re: [Discussion] Bitcoin Spot ETFs on: September 09, 2023, 02:00:44 AM
There is so much news going on like the SEC is pending all applications including BlackRock ETF on the first deadline so we can only watch and see at this point, One time for sure it going to shake the market whether the SEC is approved or not. But my opinion is that the SEC is going to approve the applications.

There is some news that I am going to mention "JP Morgan said SEC will likely be forced to approve spot Bitcoin ETF following Grayscale's court victory. Jay Clayton, the former SEC chairman, added that spot BTC ETF approval is 'inevitable' because "the dichotomy between a futures product and a cash product can't go on forever." " - https://www.theblock.co/post/248879/jpmorgan-bitcoin-etf-sec-grayscale -



October 2023 is expected to witness increased market volatility, primarily due to key events occurring in the middle of the month:
⚫ SEC's 45-day window is set to expire for reviewing the Grayscale application.
⚫ Approaching deadline for spot BTC ETF filings.
⚫ Final deadline for futures ETH ETF
Source : https://t.me/telonews_en/7709, https://twitter.com/K33Research/status/1699379950430593400?s=20
1065  Economy / Speculation / Re: Why is bitcoin moving now? on: September 09, 2023, 01:44:15 AM
I haven't heard about the raise of interest rate this September, but if they did I would agree that it will have a negative effect again on the price.
However, if you look at todays price, it seems that we have overcome $25,000 as we move to $26,300, which is a good sign this month.

I don't remember exactly September or October and the Fed didn't confirm it would raise interest rates, but they said they could continue to raise interest rates because the inflation situation is not really under control. Some recent news also shows that the Fed will not hesitate to continue raising interest rates 1 or 2 times before stopping raising interest rates. If that happens, it will really put pressure on the market and it will be even more difficult for us to recover before the end of the year.

The price has been trading above $26k but I don't consider this a good sign as without any positive news to sustain then a drop will happen at any moment. We need more positive news or bigger movements to be considered positive for bitcoin.

After a quick search on Google that "After two relatively tame Consumer Price Index inflation reports and some evidence that the employment situation may be softening, the Federal Reserve is not expected to raise rates at its September meeting. However, there is still a chance that the Fed raises rates again in 2023" - https://www.forbes.com/sites/simonmoore/2023/08/15/what-to-look-for-from-the-feds-final-meetings-of-2023/

There is still a chance Fed raises in 2023 but we don't know it yet but there is a meeting this month, and the price currently I'm writing is $25.8K so possibly sideaway until there is good news coming.
1066  Economy / Service Discussion / Re: CGMD miners redefine passive income opportunities with innovative cloud mining on: September 08, 2023, 01:38:03 AM
Hahah this is definitely a joke @stompix should comment on this thread  Grin

But hey take a look a this
1067  Economy / Marketplace / Re: Something like ebay, but with crypto payment on: September 08, 2023, 01:25:25 AM
Well you can actually buy any stuff that Visa or Mastercard accepts using crypto not directly but through an app you deposit the money and then you can spend it or buy using gift card like https://bitcards.com/ there is a bunch of option just google it https://www.google.com/search?q=crypto+debit+card&oq=crypto+debit+&aqs=chrome.0.0i512l2j69i57j0i512l7.3999j0j4&sourceid=chrome&ie=UTF-8
1068  Economy / Speculation / Re: BTC Sentiment Poll for September on: September 08, 2023, 01:01:19 AM
I hope that it's going to get lower than what many bears expect the market would go down. Going down to 20k would be a different story imo, that would test the confidence of the people on the bitcoin market and I know that most people here isn't easily shaken when a drastic price drop happens but the price going 20k below is just too much, a lot will definitely panic sell and hopefully I'm just overthinking about that part because the price affects market sentiment and confidence.

It is definitely going to test all people mentally and physically hahaha. But still, I hope Bitcoin won't touch that level the 24-25K should be the end at least that I want to hehehe.

But this month historically is bear market and started to bull again next month Im still hoping that the down is not much like I have said above
1069  Economy / Speculation / Re: Why is bitcoin moving now? on: September 08, 2023, 12:40:43 AM
I think bitcoin will continue to move sideways and this situation will last even longer. A few days ago I saw a news report saying that a lot of investors are leaving the market and it shows no signs of stopping. Looks like this is the last time to shake off the weak hands, the last bad projects before entering a new bull cycle.

Bitcoin has not had any noticeable movement in the past several months and this has left many investors depressed and losing hope. It can be said that this period is really terrible that we need to get through. I am not optimistic about bitcoin between now and the end of the year.

Yeah, I hope we can get rid of weak/fake project since this type of project wipes investor from investing again in the crypto industry, but the real problem is when the bull cycle start fake token or fake project will start to float on the market again. so it's hard to totally wipe out all of it.

and also yes that some investor is depressed and losing hope, I also heard that the SEC is going to raise the interest rate this September if they do the Bitcoin price might fall again. Secondly, Bitcoin ETF application is still not yet approved at this time, but when this get approved this gonna be huge win for Bitcoin.
1070  Other / Archival / Re: Indonesia Translation by dansus021 on: September 07, 2023, 04:41:23 PM
Ini Format votingnya gaes, jika kalian ingin vote langsung saja ke thread utamanya



Code:
[list]
[li]Hero of Good: [/li]
[li]Golden Feather: [/li]
[li]Bitcointalk Ninja: [/li]
[li]Bitcoin Geek: [/li]
[li]Event of the Year: [/li]
[li]Fail of the Year: [/li]
[li]Discovery of the Year: [/li]
[li]Best SpamBuster: [/li]
[li]Best ScamBuster: [/li]
[li]Craft Master: [/li]
[li]AntiHero: [/li]
[li]Miss Bitcointalk: [/li]
[/list]

Quote from: Mr.X

Posting nama pengguna nominasi menggunakan template / menambahkan deskripsi singkat jga diperbolehkan!.


Kalian juga bisa ikut Quizz Bitcointalk di sini - https://bitcointalk.org/index.php?topic=5381367.0


1071  Economy / Speculation / Re: Is there still hope for the price of BTC to hit back $69k this year? on: September 07, 2023, 02:07:56 AM
I dont think we are gonna see btc hit back 70K or hit new ATH this year my best guess is that would touch 40K is top or sideaway in 30K unless there is super good news that happen like US start legalized crypto as everyday payment like Elsavador did  Grin
1072  Economy / Speculation / Re: What if there is no crypto bull run for next 10 years ? on: September 07, 2023, 02:05:43 AM
First of all in my opinion that is not going be happen since we all know the cycle and the difference between the old cycle and to new cycle.

In this cycle, I see there are a lot of institutions that want a piece of the Bitcoin pie starting from a public company like MicroStrategy to Tesla now BlackRock, and Fidelity I think these companies will pave the way to the next bull run and the world seem looking it too.

and for the worst scenario is maybe in next next cycle bitcoin can longer record all time high when reached 1 million per bitcoin  Grin
1073  Economy / Speculation / Re: BTC Sentiment Poll for September on: September 07, 2023, 01:56:16 AM


Source Coinglass - https://www.coinglass.com/today

SADTember was here and my sentiment would follow that this time is best to accumulate more and dca would great and sell up later next month or after halving. and my opinion there is possibility that bitcoin price will down to 24-20K
1074  Economy / Speculation / Re: Why is bitcoin moving now? on: September 07, 2023, 01:48:19 AM
September Update Bitcoin not moving again it goes sideaway and most likely going to a bearish moment again. I hope not gonna happen, but the 200 EMA shows Bearish and now testing the local support We need at least good news to make bitcoin move again after the last time SEC lost against grayscale but chose to pending all etf applications. So wait and see is a better option right now.

and september usually refer to a SADTember Sad

1075  Economy / Economics / Re: Any business where today you launch, tomorrow you begin making profit...? on: September 07, 2023, 01:16:39 AM
This is an unanswered question but there are certainly a lot of people looking for the same thing as the OP. Many people want to become rich overnight and that is why many people invest in shitcoin projects hoping to become rich overnight. But the result, as we all know is that no one can do that.

Yeah, to be honest, this will never be unanswered because if there is a legal business that today launches and tomorrow begins to make a profit everyone will do it. That is how the world works. Maybe there is one or two business out there but we will might never know
1076  Economy / Economics / Re: Stable coin or having USD in bank on: September 07, 2023, 12:43:09 AM
I currently prefer Stable Coin since I don't have a USD Bank account and sometimes saving using real fiat come with high cost including bank fee, forex fee spread, and many more. Maye countries who have an inflation rate would prefer the same as I do The cheapest is a thorough Paypal and wise but both of them still have the high fee rather than Stablecoin but dont save much in stablecoin too since so much is going on including war with the SEC that happen with BUSD or falling peg like UST.

So saving in bitcoin maybe is the best option for non fiat
Are you sure that with such high volatility, bitcoin is suitable as a savings? Savings are the money we will use in case of an emergency, in the near future. What if bitcoins drop 10% or 20% and you have the guts to use them then? Bitcoin is only suitable as an investment, it is not suitable as a savings or store of value.

Im sorry bro but can you read again I write it the best option for non fiat and Im still prefer stablecoin over it for saving. Tho is not just me who saying it "Scarcity: Bitcoin has a finite supply of 21 million coins, which makes it resistant to the arbitrary inflation that ails traditional currencies. This limited supply gives it a scarcity value, making it a valuable asset to hold and store wealth" https://bitcoinmagazine.com/guides/store-of-value
1077  Economy / Economics / Re: India just bought 1 million barrels of oil using rupees instead of USD on: September 06, 2023, 02:55:48 AM
Can we say that trading using local currencies has become an attractive trend, especially with countries beginning to diversify their reserves, or is everything that is happening an attempt to put political pressure on the United States?

I do believe this is going to be a trend in the future since we don't need US dollars to act as the middleman. If you look at the news now that "Southeast Asia moves closer to economic unity with new regional payments system" - https://www.cnbc.com/2023/07/30/asean-moves-closer-to-economic-unity-with-new-regional-payments-system.html

KEY POINTS
  • ASEAN nations are working together on a cross-border payments system that’s hoped to deepen financial inclusivity around the region
  • Residents in Singapore, Indonesia, Malaysia and Thailand can now pay for goods and services in each other’s countries using local currencies, which analysts expect will boost tourism, consumer spending and remittance flows.
  • Micro enterprises, small- and medium-sized businesses and the unbanked population are expected to benefit the most, experts say.

Crazy right and now BRIC also to implement this countries who banned by US in some cases like Russia, Chinna and Iran may lead the way. Slow but Sure I think USD is going to be dethroned from the world's top currency.
1078  Economy / Economics / Re: Good and Bad at the same time - Mega entities hold $ 14 billions in Bitcoin on: September 06, 2023, 02:47:31 AM
you can add https://www.coingecko.com/en/public-companies-bitcoin this to your list the top HOLDER is Microstrategy with 4 Billion USD and almost 1% of total supply crazy right?
I think this trend not gonna stop here if all ETFs is approved by the SEC there is so much possibility that maybe 20%-25% bitcoin total supply will likely held by big companies including BlackRock.

The good thing is now other major companies or retail will look BTC more but the downside is bitcoin price might have a great correlation with world economy.
1079  Economy / Economics / Re: Stable coin or having USD in bank on: September 06, 2023, 02:40:55 AM
I currently prefer Stable Coin since I don't have a USD Bank account and sometimes saving using real fiat come with high cost including bank fee, forex fee spread, and many more. Maye countries who have an inflation rate would prefer the same as I do The cheapest is a thorough Paypal and wise but both of them still have the high fee rather than Stablecoin but dont save much in stablecoin too since so much is going on including war with the SEC that happen with BUSD or falling peg like UST.

So saving in bitcoin maybe is the best option for non fiat
1080  Economy / Economics / Re: Europe Will be first to use Stablecoins and btc crypto on: September 06, 2023, 02:12:17 AM
Hahahaha it would be great if they do that but where is the source? Trust me bro!!! hahahhaha

The euro is one of the greatest fiat and has been used by many European countries so I don't think it will fall in a couple of years. However I would really appreciate if they start making on-chain stablecoin like USDT backed by 1:1 Euro and government-issued
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