Latest posts of: TimeTeller

Quote from: BitcoinPanther on July 30, 2023, 08:07:52 PM

It is not a surprise to see Donaire loss the fight because he gotten impatient and wanted to impress the fans by knocking out Santiago which backfires to him. Instead of taking advantage of his reach and movement he aims to KO his opponent and wanted to hit that 1 punch KO either through counter or lead punch forgetting jobs. Santiago is also more active throwing jabs and punches outboxing Nonito Donaire.

It is somehow a disappointing performance from Nonito Donaire but it should be be expected due to the old age. I also think that this is the sign that Nonito need to hand the gloves. He already had proven himself and nothing more to prove. He was a great boxer but I believe those time had already passed.

Indeed! Time to hang the gloves and give the ring to younger boxers. Enjoy his retirement with his family.
There are no news yet about his upcoming plans but I do believe his wife as well as his trainer, maybe is already thinking about retiring him.
Though I thought this fight would still be on Donaire's favor, however, Santiago really did a very good fight here upsetting Donaire.
Just like Pacquiao, Donaire was losing his power inside the ring. Just be grateful that he will retire in good shape and no other bad injury.

Quote from: AnonBitCoiner on July 30, 2023, 06:24:32 PM

Quote from: Fivestar4everMVP on July 26, 2023, 05:32:25 PM

Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing Grin

, is this not us indirectly cheating ourselves?

Having bitcoin is one of the advantageous things and I think everyone should buy it as it will surely gives you profit when accurate time appears. People should use money in that asset which provide profit instead of spending it on eating because if you Put money as investment you will become able to eat more better than this but if you spend money on eating and didn't make investment then neither you will make investment not you will eat better.

If a person try and save some amount for bitcoin investment then he will be rewarded with good sum of money, I am not saying that eating in restaurants is bad activities everyone can go with family but not on daily basis therefore you can save this amount which you spend on expensive restaurants so you will be a wealthy person one day.

Maybe not everyone should buy it, but for those who are understanding the advantages of buying assets with potential in the market.
Also, if the person knows what he's getting involved with. Because if the person doesn't know about crypto market, hard to take plunge on unknown.
So invest only on things that you have knowledge of and familiar with the risks that you are about to tackle with.
Because at the end of the day, you are the one taking care of your assets and not others. It is your responsibility wherever you want your money will be put into.
But the analogy from the OP has a point, it is like, if you can spend money on some unnecessary things, why not start thinking of possible assets that can improve your financial status?

Quote from: Odusko on July 29, 2023, 09:46:59 PM

Quote from: Oshosondy on July 29, 2023, 08:55:35 PM

Quote from: letteredhub on July 29, 2023, 08:50:19 PM

So why this belief or do you think it could be true? Or is it one of those superstitious belief among gamblers?
Do you feel cool sharing your predictions with other people and how has the outcome been looking at all the times you have shared your predictions with others?

The gambler has staked already, so there is nothing that can change that, it is just a superstition if true that is the reason.

But we can think another reasons too. If I am the person that someone asked to stake the bet that I have staked, I will not answer the person if the person is a stranger or we do no know each other very well like a friend. I can let a my brother, family, or a friend stake what that I staked, but not just anybody.

I won't blame the gambler too much because some negative energy can also affect his emotions towards whatever the outcome of the bet may be, when I was far away from gambling and hard not to try out my luck towards sports bets, I use to chase my friends who use to stake sport bet away from me because I believe that I was giving them bad luck since at that time I hate sports bets even though I haven't tried it before.
Watching football for the fun of it is what has motivated me into active gambling mostly in sports bets, so as far as I know, some gamblers have their personal beliefs or privacy protection and we must respect that right.

This shows your personal belief on certain occasions, but luck will play a great role on this.
You may have had such belief because you may have had experience it and hence, forming in your mind that there's some factor in play.
However, it may very well be a coincidence why such luck in that route of betting. But who knows? So you try to follow such route every time you bet.
Whatever belief you may come up with, it is better to share it with your family or close friends rather than strangers, which may not know what they are thinking after you share it with them.
And it all comes down to respect of each other's beliefs. It may not be true, but let them believe what they want. If you are not up to it, just politely decline whatever he wants you to do.

Quote from: palle11 on July 29, 2023, 07:45:53 PM

Quote from: Vivageneviv on July 29, 2023, 06:25:03 PM

Summarily exchanges significantly impact the performance of newly listed tokens, although this may vary in tokens or exchanges.

As a trader or investor, can you relate to these findings?

Exchange play very important role in the progress of a newly listed coin. If you list your coin in a reputable and recognised exchange, it will help the coin grow fast especially if the use case of the coin is relevant. The exchange is important because a big exchange has a wide reach and coverage and any coin there in the exchange will supposedly grow faster . I remember few years ago when cartesi was to be listed in binance , the same thing happened, people had already started waiting before it finally drop there and the orders flew astronomically giving early investors hugh profit.

Somehow, the reputation of the exchange can influence the market performance of the coin or the token.
However, the continuity of its trend will depend on how the team is marketing the project as well as its actual developments.
The exchange may influence with the anticipation of traders towards the project but in the long run, it is how the team will do their job in sustaining that eagerness.
But if the project is gaining attraction from the community, the team should better strike while the iron is hot.
Because people move on if they see that there's nothing for them in that project, they can easily see if it is just all talk with empty promises.

Quote from: CryptoCasinoGeeks on July 28, 2023, 09:59:35 PM

We reviewed Fairspin

Generally we try to review casinos we think we will like, we liked the possibility to stake this casino's token. But we didn't like what we found.

Check out their insane wagering requirements!

Bonuses and Promotions

Welcome bonuses on this casino have pretty stringent 60x wagering requirements and only 3 days to unlock. On top of this some games don't fully count towards your overall wagering. Slots is the only one that contributes 100%, but all other games contribute between 5% and 10%.

As if this wasn't enough its a take-all scheme, you either unlock it all or you get nothing at all.

For example, your first deposit is 100 USD so you get a bonus of 50 USD and 30 free spins. Let's say those 30 spins get you an extra 10 USD bringing the bonus up to 60 USD. If you play slots the wagering requirement is then 3600 USD. But if you play Blackjack only 5% of your wagers count towards the total requirement, so you would have to bet 72000 USD.

Read the full review here!

Fairspin team should seriously consider about your review about them. Maybe, time to rectify their wagering requirements and other conditions.
Because once players read your comprehensive review, they may change their mind and not play on this site.
Sometimes a good review will save you from headache or disappointment. And so some will skip from creating their account on the site.
So just continue what you are doing as for sure, some users here will find it useful in their crypto gambling journey.

Quote from: Fredomago on July 27, 2023, 11:40:07 PM

Quote from: Aanuoluwatofunmi on July 27, 2023, 09:02:20 PM

If a woman is interested in gambling, she should be allowed to gamble and get entertained while gambling at the casino because there's no gender requirements in gambling, anyone can gamble as long as they feels secured in doing so and can afford the risk involved in gambling, most women were known to have low priority for gambling because it requires money, loosing it and it's time taking as well.

Likewise, as long as they have money to play and they are enjoying the game there's should no limitation with woman to gamble, it's just with how the culture take care of this kind of discriminations, though the interest from woman to gamble is not that high compared to men who mostly present into this kind of activities.

Man use the venue to kill some time or some are seeing it as quick way to make or lose money, in which woman in my opinion have more options that can take to kill time, most is shopping both offline and online.

That's funny though, women have more options to kill time, and you mention shopping offline and online.
But actually that's true, aside from shopping, if you have kids, there are tons of household chores aside from tending these kids.
So usually, they have no more spare time to this kind of entertainment, and if they are in a casino, it means they are just having some fun with friends or family.
And not really into gambling as a regular patron. Also, they are cautious on how much they spend on this activity as they know they have other important bills to pay.

Quote from: armanda90 on July 28, 2023, 06:10:07 PM

The X logo is a new look for Twitter for now after Elon Musk made changes in recent days, unpredictable with twitter social media platform at the future actually after acquisition and have been published with many new rule for Twitter user. Its not our business because Elon Musk have acquisition twitter with most expensive price but seems not comfortable as before when using Twitter for our social media platform.
Its seems not permanent with twitter logo change become X because has change later Elon Musk will change with other logo, did you remember when first time after acquisition he change with Doge coin logo? unpredictable what is in mind from Elon Musk because several time he changed with twitter logo and hasn't permanent change.

We don't know his plans on this social media platform, maybe, he is testing the waters here how people will react about the change.
But I really thought what the OP wrote is true but just a parody and maybe that twitter user wanted to have fun with Elon's choices.
For those twitter users, it is your prerogative if you will still continue this social media platform or not. Anyway, he's not forcing anyone to use it.
He's got the power to change what he wants as he is the owner of it, so what then? A lot already left this platform, ask yourself, what's the reason why you're staying?

Quote from: gnuuser on July 28, 2023, 12:48:45 PM

Quote from: Yamane_Keto on July 28, 2023, 12:01:39 PM

@gnuuser Can you explain why you want to transfer directly between webmoney and Ukrainian Alpha Bank, especially since it is prohibited in your country.

Because Wm exchanger give more percent profit, and easier to work with p2p.
Also, when a subsidiary of WebMoney UA was closed in Ukraine, WebMoney eventually returned the money to all Ukrainian users !
Many Ukrainians still use this payment system for money transfers Russia <> Ukraine, and also for making money on freelance and for help from relatives from Russia.

If you are also asking for the limits in binance p2p, $1k won't give you any trouble as others have said earlier, it is not much of a big money.
And found out that UAH is in binance p2p - https://p2p.binance.com/en/trade/all-payments/USDT?fiat=UAH.
One way to do it is deposit money to binance and trade it with USDT or whatever trading pair is available to what you deposited.
You may need to do a 2-stage conversion of your money before you can avail the p2p services.
And so far, I haven't encountered any problem as I regularly use the p2p services of binance. They won't freeze your funds if you are not violating any of their AML/KYC protocols even if you reach $1k, which again, is not so big.
As long as you are giving them your credentials honestly, it won't give a red flag in your account.

Quote from: maydna on July 21, 2023, 01:30:44 PM

Quote from: blockman on July 20, 2023, 11:41:35 PM

A gambler may still be able to find some loophole but casinos are no dumb when it's all about with these matters. They'll be having those triggering alerts if an account/user is doing something off the coast and that's why there's always those complaints that we're seeing posted here about their delay of withdrawals. The blame goes to the casino where they're gambling but in the first place, they are aware that money laundering is prohibited in most of them because they're being regulated by the country where they're operating.

The casinos must know it somehow because the casinos own the business. In having a gambling business, the casino must have had special ways to deal with these fraudulent gamblers and be able to find out which gamblers did it. Perhaps it takes time because it depends on the security team's work from the casino, but on average, it doesn't take long for them to find it. Gamblers who commit money laundering with the excuse of using big money must be prepared for all the risks, and if they decide to continue using gambling, it means they are ready for all the risks.

It won't take long because they can easily see the deposit amounts of their gamblers.
Now, for most high rollers, casinos are requiring to undergo KYC depending on how strict the casino is complying with the regulations.
If the casino doesn't care as some won't bother as long as they are earning from it, but usually issues arise when the player wins big.
And that will be the subject of investigation and they will dig more about the transactions of that player.
But if you are a high roller, always best to think that the casino would ask your credentials, whether you are winning or losing so you will not be caught in the middle with your funds frozen.

Quote from: dansus021 on July 27, 2023, 12:22:50 AM

Quote from: justdimin on July 26, 2023, 01:06:45 PM

I do agree that tax could be one of the biggest reasons for this. After all if you have a national exchange, you can literally cut the tax right out of the account in the exchange without needing any extra paperwork. That would mean that anyone who uses this, is forced to pay taxes by just simply using it. That's why it looks like it would make sense, for the government of course not for the traders.

In the end, I am guessing that it is going to be a bit of a different situation, like such as people trying to find other alternative ways to get bitcoin, because when government does stuff like this, there are majority who uses it, but there is a minority that wants to find another way without getting caught and pay that taxes and give information.

I know right, maybe this makes crypto more centralized but at least people have peace of mind when gov regulates crypto in a good way. and its just like a win win solution government have their money and people can easily exchange crypto.

Indonesia that I know had lot of Centralized Exchange and according the Tripe A survey that "It is estimated that 12 million people, 4.5% of Indonesia’s total population, currently own cryptocurrency.¹" - https://triple-a.io/crypto-ownership-indonesia-2022/

This move will give more confidence to their noncrypto users that crypto is not a fraud after all.
Because let us admit that some people are still in doubt with crypto because they thought this is illegal market and scammers are just the ones using it.
That 4.5% for sure will further increase in the years to come now that their government is already in this industry.
Other neighboring countries may soon follow, though a lot of them have their own private local exchanges already.
But it is different if the government itself is having their own exchange because the image it is implying to this market is quite positive.

Quote from: darkangel11 on July 27, 2023, 07:55:24 PM

Quote from: klidex on July 27, 2023, 06:42:19 PM

Quote from: alastantiger on July 25, 2023, 03:14:10 PM

My question is this, if you were given 5 Bitcoins to never gamble again for the rest of your life, will you take it? Considering that first you will already be rich or the prospect of getting rich is high from it. And also if you play your cards right by investing the 5 Bitcoin properly, it could also mean generational wealth. Or will you say that 5 Bitcoins can't match the thrill and pleasure that comes from gambling, be it at a physical casino or an online casino.

Someone came to me and said if you want to give me 50 BTC but I have to give up gambling and quite simply, who is the one who will give it away for free? Cheesy

Now I know why people constantly fall victim to scams. The answer is, they can't even read a short and simple sentence without misunderstanding it.
It's not 50BTC, but 5. Nobody said 50! You've even quoted him saying 5 and answered with 50. I'm lost for words Cheesy

Now, back to the topic. I'd take the money. I seriously doubt I can ever make 5BTC from gambling, even in the next 10 years... I'll probably be at a loss if I continue with it as it is, to be honest.

If someone ever offers you that kind of money, it's probably a scam, but if it's not - take it and forget you've ever gambled.

Well, some people don't really read carefully and just give a comment without giving much thought about it.
This question is quite easy to answer if you are just an occasional gambler, as you can easily say yes.
But if you are a gambler through and through, I don't think 5 BTC can change your mind not to set your hands again in gambling.
It would take a determined mind and sheer power from yourself to change your lifestyle, because you will look for that excitement that gambling brings you.
And if someone offered that to me, I will absolutely accept it. I have no qualms on not having to gamble again.

Quote from: Pmalek on July 27, 2023, 06:32:09 PM

It was expected that scammers would try to take advantage of the fact that Twitter is rebranding into X. It worked well in the past with all those fake Elon Musk crypto giveaways. I am sure these fake X token scams will be successful also. Greed is greater than logic, and unknowledgeable plebs will get hooked to this like crazy thinking Elon is throwing away money.

They have thousands of followers already, so even if they got a quarter of those followers to invest,
these people will get a good amount of money. Scammers will have a feast because of this twitter rebranding.
Remember, there are also too many gullible people out there trying to make a quick profit from this market.
Expect that not only this project will take advantage of this situation, but there will be more fake X-related coins or tokens that will be launched.
This http://xtoken.vip/ site is the the fake one and they are using the popularity of X now, and the legit one is this - x.com

edit:
Just to share the some details of this site =
https://www.whois.com/whois/x.com

It says from the news that X.com is owned by X Corp and that is the legal name of twitter when Elon acquired it.
Seems that X.com is the legit domain owned by Musk. And they just revive it when they formally changed the name of twitter to X. Let's see how this will develop.

Twitter is now X. Here's what that means.

Quote from: dothebeats on July 24, 2023, 08:36:47 AM

Quote from: Plaguedeath on July 21, 2023, 05:30:06 AM

There's no secret.

1. Have a job with good salary.
2. Don't save, instead of invest your money.
3. Avoid spend your money for unnecessary thing e.g. expensive food, cloth, entertain etc.

That's all, I'm sure the next 10-20 years you will become rich.

The reason why many people can't become rich are because they can't follow the three requirements I mentioned above. Most of people work in low or minimum salary job, most of people can't take risk, most of people want to impress other people and want to entertain themselves.

I agree with number 1 and 3, but 2 should be a little different. It is true that we should be investing most of our excess money but not having to save any of it will be hard specially during unexpected circumstances. There are instances that we will be needing money right off the bat and since all of our money are outside for investment it will be hard for us. Instead, I think it will be best to have both savings and investments.

You can also put some in your savings account so you have back-up in case your investments go sideways.
So for me, saving is still a must for emergency purposes. Remember, you can't cash out your investments right away if for example it is in real-estate.
And if you can't have a job with good salary, you can always find alternative or side jobs to augment your income.
You can't dictate where you will land a job, so just strategize on this aspect. And definitely, being practical on things will help you save a lot.
And do take note, the term "rich" is a subjective term for me. You can feel "rich" even if you have no luxury items, but on the note that you have no debts from anyone.

Quote from: Billo_ on July 26, 2023, 09:04:11 PM

It's not really good coin because it's just fun coin and we have already enough fun coin.
More people will tend to buy Ethereum because of network effect and many new technologies are built on Ethereum, like today, Ethereum is even more advanced compared to Bitcoin already.
We have too much coin on Coinmarketcap.

If it is being hyped up, be very careful in touching the coin. Know the reason why they are going up again this time.
Checking their site, it seems they are having developmental progress on this project.
However, one should do their due diligence before buying one as you may be buying at its peak price.
But comparing it with other alts, at least this one seems to be attracting some merchants as listed on their site - https://kaspa.org/all-listings/.
As an investor, you need to dig more and not just browse the site. Better check their social media channels what they are up to.

Quote from: ajiz138 on July 26, 2023, 07:19:50 PM

The adoption of bitcoin in Europe has now become quite widespread with the bitcoin payment method in the Lightning Network.

Any news of its adoption is positive for the wide spread of bitcoin in any transaction, but I would not expect this to have any impact on the price, there is absolutely no influence in its price movement, still bitcoin always has time to pump into a bullish, we wait a few more years.
I think the Lightning Network will be wider because of the Lightning transaction speed is easy in any payment in a company they are for its payment options.

It may have no great impact in the current price of the bitcoin in the market, but if we will see more adoption, the better, right?
Because this will create a domino effect. Not only these EV stations will accept payment, but other merchants will follow this initiative.
And if you will see the EV map in Europe, it is already widespread. So expect that some convenience stores will also add btc in their payment system.
Remember, the more demand, with fixed supply. We know what will happen eventually. So if it is not creating impact in the current market, it will be significant sooner or later.

If you will look at this map, definitely, it will add some numbers in the number of crypto users, if some of them are not yet into crypto.

https://satimoto.substack.com/p/map-updates-08122022

Quote from: Sim_card on July 26, 2023, 08:53:54 AM

I have full confidence in Inuoe that he will dismantle Tapales with his punches and that will make him win easily. He is a brave fighter. Tapales might be bigger but that is not what we consider,if you watch the victory of Inoue over Fulton yesterday,you will know that he will be the winner in November 20. Tapales sluggish moves isn't good enough to knock Inuoe out of his way to be the champion. I will bet on Inuoe because it is a sure win. The Filipino might still prove us wrong if he can withstand and win the fight.

I thought there's no date yet. But in any case, this will be a very good opportunity for the Filipino boxer to get a lucrative fight.
He can even get a deal that can be a very good for his retirement, even if we say, he has slim chance with Inoue.
But so far, Inoue is not yet in the list of the "elite" fighters as based on this article -

https://bleacherreport.com/articles/2365353-five-boxers-who-are-just-a-win-away-from-being-elite

The names of Mayweather, Pacquiao, Cotto, Alvarez are seemingly on the list.
Whereas, Lomancheko, Santa Cruz, Mikey Garcia, Wilder and Crawford were said to be a win away when the article was written in 2015.
So this year, 2023, I believe, Inoue will be on this list of elite boxers as he attained the 4-weight champion of the world.
If he will continue to win fight after fight, he will soon find his name along with boxing greats such as Pacquiao.

Quote from: passwordnow on July 25, 2023, 09:52:09 PM

Quote from: hd49728 on July 25, 2023, 10:47:56 AM

Quote from: passwordnow on July 25, 2023, 09:27:04 AM

We will never know the intention of a whale that comes back alive after a decade or even two.

I am doubtful that it is correct if we call such woke-up bitcoins are from whale come backs. I believe that those old-era bitcoins belong to whales who have been still actively latest years. They just woke up their old-era bitcoins and use such woke-up transactions as news.

That's also probably right, they've been active and let those Bitcoins sit there over the long years and are just looking for the right timing to sell. In the end, we're no longer surprised to see that there will be inactive wallets for several years and have been active lately and especially for the next bull run.

Quote from: hd49728 on July 25, 2023, 10:47:56 AM

Quote

And this is becoming a typical thing when a whale comes back alive with tons of Bitcoins that have been sleeping for so many years.

Millions of bitcoin assumed and estimated to lose but we will see more old-bitcoins wake up. I don't know how many bitcoins actually lost but I know they are gifts for us who own bitcoin today.

Quote from: satoshi on June 21, 2010, 05:48:26 PM

Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.

With those old and inactive/sleeping wallets for so long, we will never know if they were lost already until the owner of it access it again and tries to move it to exchange. But right about those lost BTCs as what satoshi said.

We don't know the reasons why suddenly they are waking up after all these years.
Either they just remember their stash or silently following the market.
But no matter what the reason is, it is still part of the 21M supply of bitcoin.
So we can't say, that will have a big impact in the current market value of btc.

Quote from: Mahanton on July 25, 2023, 08:45:21 PM

Quote from: Oasisman on July 25, 2023, 08:25:39 PM

Quote from: Baofeng on July 25, 2023, 05:56:30 PM

And I also think that Fulton might stay and last for 12 rounds. But as you guys says, Inoue is very quick and his jab is sharper than ever. Congrats to those who had Fulton by KO here, and it's the obvious choice. But I just thought that Fulton being the slick and technical fighter he is, could last the against the Monster.

Well, not after the start officially started. As we all can see, Fulton was very careful as he knew how dangerous hid opponent is, but clearly he got dominated. Every round Inoue is winning, not even a single round I can give to Fulton, it's like he was not fighting to win there, but he was fighting to survive the 12 round and survive the onslaught that the Inoue unleashes.
To be in this higher division and completely dominate the toughest is such an impressive act. Still, I give respect to Fulton for not ducking a future HOF in boxing. He really wants this fight and now he just proved himself how strong and skilled Inoue is.
Overall in this match, Inoue is much faster, powerful, and more intelligent than Fulton.

When it comes to technicality then Inoue is really good on this one and also with power which it is really that true that Fulton got dominated on every round but the good thing to look at is that he do really facing
Inoue unlike on vs Butler which it is really a pretty boring fight and i could say that this is really that way better against Fulton despite they had thrown out some issues earlier but good thing that the fight
did push through. After being knocked out, you do really see that Fulton is really that still that having that ego. Now that he had been able to taste out on how good Inoue is, then for sure
he would really be telling to himself that he is really fighting a monster. We cant really deny even us viewers or fans on whose really that seeing his power and speed which we can
say that he could be able to step up on another division i would say.

Inoue showed to his boxing fans that he can dominate the fight even if he is the challenger here.
So don't know if Fulton's camp will ask for a re-match on this because haven't read from any boxing articles that they are looking for one.
Now, he will be looking for a bigger fight next. Either he will go up to another division or find a worthwhile opponent on this division.
He is still young so he may be looking to conquer other weight classes here. But in any case, there are 4 names that boxing analysts come up with
potential opponents for Inoue - (1) Marlon Tapales of PH, (2) Luis Nery of Mexico, (3) Leigh Wood of UK and (4) Robeisy Ramirez of Cuba.

Quote from: Aanuoluwatofunmi on July 25, 2023, 08:19:51 PM

Quote from: idkwhatimdoinghere4039 on July 25, 2023, 02:46:21 AM

Bitcoin is an attractive option for money launders primarily because laundering money using cryptocurrencies is easier than other methods.

Don't make it look like as if bitcoin is designed for this illegal purpose bitcoin is just a digital currency whereby people can use to hold their wealth or assets and exchange for them as well, money launderers take the risk to go about stealing from their victims any valuables and not with bitcoin or through bitcoin is any of these evil done, but they can choose to exchange their money or assets with bitcoin without anyone knowing or going through the means for their wealth accumulations just as you and I can go to the bank and make deposit and no one will query the source of our finance, the question we should ask is that are people not making money laundering with fiat right before bitcoin was being introduced.

This is why some people are hesitant about the nature of bitcoin because some people have their negative approach on this market.
This market has just been used by money launderers and other illegal actors because they are finding a way to hide their privacy.
But this market is not created for such purpose, it just evolves to one of these use cases because we can't control illegal activities in any monetary system.
Just like any type of currency, this market is not immune to those kind of people. We just need to be cautious dealing with such as we don't know what they can do to you to screw your hard-earned money.

Quote from: Agbe on July 24, 2023, 04:53:48 PM

Quote from: Charles-Tim on July 24, 2023, 08:45:47 AM

Quote from: ranochigo on July 24, 2023, 08:38:09 AM

Supply and demand. Each exchange has separate markets for each currency which fluctuates based on the recent trades. You can see the offers to buy and the offers to sell.

Exactly. But on exchanges and other trading platforms. Which is also where other sites take their price from.

Those like Cointelegraph which is a news site is different. Also the price on Coingecko and Coinmarketcap are different. The exchange and coin listing sites take the average price from all the exchanges they listed on their platform.

And that is why the prices of the demand and supply of each exchange is different. People like Binance for buying and selling of bitcoin and other cryptocurrencies because they have the best price scale in the cryptocurrency world. If vendors in Binance buying $29,126 to 1 BTC = #27,320,030,96 as Nigeria Fiat Currency other exchange like Busa, Ramitano and Paxful price would be lesser than Binance, so the exchanges operate different base on the fluctuating nature of bitcoin.

As you can see the law of supply and demand acts quite differently from one exchange to another.
Let us say a very small exchange, since the trading volume is small and maybe the sell orders are higher than the buy orders,
the seller can lower his price if he wants to execute his order fast. And that price may be different from the selling price in binance or coinbase.
This is why a lot are interested in trading with binance or other top exchanges because they can get a very good deal and quite faster.
So yes, the supply and demand concept greatly contributes to the price movement of the currency on every trading platform.