Bitcoin Forum
April 30, 2024, 11:45:07 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 [60] 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 ... 376 »
1181  Alternate cryptocurrencies / Altcoin Discussion / Re: How would you measure your success in Crypto currency on: July 25, 2023, 09:52:32 AM
even though we're heading towards those trends especially Web3.0, there are still kinda "slumps" into it. We've been around ICOs back in 2017 and innovation were still coming through then we got NFTs, but the trend just died down after couple of years. Right now we're heading towards AI where it might impact a lot not just in crypto but to the whole market itself.

Good thing I am not easily brought down by trends. Trends aren't equally meaning as worth it. I've seen a lot of NFTs being mentioned to be the future, but I wonder where are they now though after they went radio silent for so long.
We are not heading towards AI, we are inside the AI period, which means that if the bull run happens right now then AI would have been the biggest thing, but all the AI projects right now getting failure because we are not in a bull market right now. When the bitcoin passes its current ATH and be better then we are going to ask what is famous right now? That's going to be the case and that's going to help people out.

It is not going to be easy but we are going to end up with a solution that would be important. This is why I have some changes in mind to AI, and that needs to be something that automates things that makes peoples life easier. So whatever AI automation is famous at that time, could be the important one.
1182  Alternate cryptocurrencies / Altcoin Discussion / Re: Could XRP win in SEC case be a start for next bull run? on: July 25, 2023, 08:38:45 AM
As it appears now, it seems the XRP is coasting to victory in the suite. We have seen a report rumoured that the court was suggesting the US Security and Exchange Commission settles with Ripple and XRP out of court. Another thing suggesting XRP will win is that all the major exchanges like Coinbase that delisted XRP are now relisting it. It is a sign of big win for Ripple XRP.
They just delayed this case because they wanted to gather more evidence which will not gonna happen because there is no such thing in the case of Ripples and they could have close this one since they don't find any solid evidence to close the company. It was really not healthy anymore for the market of XRP since the involvement of the SEC in their company and it makes the investors doubt whether it is reasonable to hold XRP for the long term or not. Now when they clear everything about this case, surely the price of XRP will rise and they also get more people to trust them.
There is a very solid reason to close the company, which is the fact that they printed their fake money and sold it to people and used those peoples transactions to power their blockchain which they used to profit from other companies as a payment processor and transfer company. That is illegal in so many cases and they can shut it down anytime they please, there is really not a single second they need to stop, they can shut it down even today.

But, you need to understand, white crime is not a big deal in the USA, you could literally steal billions and be out quicker than someone who steal 100 bucks from someone. As long as you bribe the right people, you are going to be fine and Ripple unfortunately knows who to bribe.
1183  Economy / Speculation / Re: Could Bitcoin's Price dump to Halving? on: July 24, 2023, 06:02:50 PM
I have no doubt the Bitcoin price will reach its new ATH in the future and indeed any time is a good time to buy bitcoins if planning to invest for the future.
But throughout this year I don't see any more big pumps happening, the movement that has occurred throughout this year has always been stalled at prices close to 30k so I think that's a point in the year and that's positive enough that it's almost doubled compared to the start of the year.
This is why many people are buying bitcoin but there are also a lot of people who sell their bitcoin because they are not aware how much profit they could make from bitcoin as well. I am not really entirely sure how much sense that makes for some people but that should be the important one considering how they could make a profit later on.

I mean think about it, we are talking about something that is dangerously profitable and also risky at the same time. This type of risk/reward situation makes some people hopeful and hyped because of the reward potential because they see how high it can go, but some people worried because they have seen how much it could go down as well and have seen it happen before so they worry about it.
1184  Economy / Speculation / Re: Indonesia National Exchange Open in the end of July 2023, Is bullish Start? on: July 24, 2023, 05:06:40 PM
This small detail shows how things are going towards centralization and full control of crypto by the Indonesian government, because all cryptocurrency transactions will be done through the government-controlled exchange.
In addition, of course, to impose KYC.
That would not be that much of a trouble because people really want to do it and that alone is enough if you ask me. Think about it, we are talking about something that gives credibility and legitimize bitcoin and that means it is going to be used anyway. It is not going to be simple to make it work because we are talking about government interference and people do not like that.

But, when the alternative is not to use it, I would rather let the government interfere and still use crypto then not use crypto at all. That option is not an option at all for me, because in that case I am not using crypto, or illegally use it, and that is never a good thing to do because if you are caught then you are going to face bigger trouble for sure.
1185  Economy / Trading Discussion / Re: What are the steps in understanding technical analysis? on: July 23, 2023, 09:11:39 AM
As a newbie in the crypto space, I want to know the steps to take to be able to understand technical analysis and also know how to enter a trader.
There's a lot of sources right there in the internet you can take video courses like fundamentals and technical analysis there are some posts in social media offering a book that you could read related how to manage your money with trading properly, just use the internet in just a second you can now get the information you want to. Some people offer their services like boot camps (personally I'm not a fan of it ideal to learn by yourself), somehow there's a different story that they succeed in life but some others don't. Take time to learn and take it slowly not as always there's a shortcut like here in trading you need experience, patience and knowledge with your trades.
This is the right approach but you need to be careful about it because if you are not then you are going to end up losing a lot of money on it as well. Unfortunately there are a lot of people who still do not know how to make money and how to study, if they find something very cheap and terrible and study from there then they are not going to learn most stuff.

I do not know if there is a consensus on which website or video that is the best on teaching these stuff but it should be very important to make sure that you end up studying at the right place. If not, then you are going into the war with no shield, against people with swords and axes and shields, which will make you more vulnerable and you are going to lose out most probably.
1186  Economy / Trading Discussion / Re: Trading tips that helpfull for beginners on: July 23, 2023, 08:33:49 AM
Even if you have those pointers but if the person is not willing to spend sometime to study about all necessary things that they need to learn then all of the pointers given is just useless. Maybe they need to know their intention first in why they are here since if they are for short term maybe crypto trading is not for them since it need a lot of patience and proper learning. But if they are for longterm for sure they can see the down trend and upper trend then provably this can help them a lot to know more about possible strategies that they can create to help their trades and maximize their possible profits.
Unfortunately too many people are looking for a short way out of this market and they want to just be fed what to buy and when to buy it. This is unfortunate because they are not going to be fed that easily and it will take some time before they could do something like that. I know that it is not that easy to handle this but if you do not then you are going to end up with a terrible result eventually, that's just how it is.

I believe in making a better return one way or another, and if that's not possible then we are going to end up with a terrible ending. Just focus on learning what you can, and that should be the way to go, it would make it a lot better for everyone. This is of course a tough situation without a doubt.
1187  Economy / Trading Discussion / Re: 10 tips to manage one's emotions while trading crypto. on: July 23, 2023, 05:05:55 AM
Not confident in their analysis/trade ideas/biases: This also needs the trading psychology to be in place otherwise, the trader in question will either miss out on trades or leave money on the table (closing trades too early).  Everyone knows the market will play a number of tricks on the emotions of traders and the only way overcome this is to be emotionally intelligent and an on-point trading psychology.

When I was still trading actively, it was one of the things I struggled with for the longest of time - Market moves in my direction but I was already out of the trade due to panicking - afterwards comes regret.
If you are having emotional stuff while trying to trade then the result most likely be a loss. It's much better if you could end up with a good result and in order to do that you need to make sure that you are on the right path and not feeling anything when you trade. In order to be able to do that you need to reach to a point where it is going to make you a profit without having any bad result, and that's not an easy thing.

I believe that we need to reach to a point where it's going to have a bit of a trouble one way or another, but that doesn't matter how we are going to see that change. In the end, it is going to be a time consuming thing, but it is not that impossible and it can be done, as long as we put our efforts into it.
1188  Bitcoin / Bitcoin Discussion / Re: Days you need to work your ass at minimum wage for a BTC, by country on: July 22, 2023, 02:25:11 PM
In my country what some people made every month is going to be enough for rent fee only, no extra food buying opportunity or hospital bill, now things are even getting more difficult, you treat typhoid now costs a lot and many start boiling water and avoiding road side food to avoid getting sick, just pray you are in good health or else you are in a big problem, everything health care costs a lot.

The only option left is to learn a skill that will pay your bills and also keep you alive through medical bills and checkup, the problem is the country situation but the bigger problem is your monthly income or source of income.
Unfortunately that is true for many cities all around the world. Rent is not nation based but more like city based because even from city to city it changes which means that we are going to end up with a situation where people will pay a lot of rent in one city of a nation but on another city of that nation it could be cheap. In my country, the three biggest cities have rent so high that the average salary is literally lower than the rent in those cities. Think about it, an average salary is not enough for just rent.

Of course people work more and bigger jobs, sometimes two jobs, and thanks to that they survive but it's a tough deal. I am in one of them, and thank god I own my house, otherwise I would be poor right now.
1189  Alternate cryptocurrencies / Altcoin Discussion / Re: look, look, what's this on: July 22, 2023, 08:42:23 AM
Much has been discussed about trading cryptocurrencies offline. I think it is still impossible to realize. Because now is the digital era. And cryptocurrencies are digital markets and are created using internet-based digital technologies. Until now I have not seen an idea that is close to the application of digital asset trading offline.
Though nothing is impossible because we have seen things that we never expected happen and get success too, it still doesn't sound like there is going to be anything like that because the world is revolving around the internet these days and everything is becoming digital, so instead of going forward, technology wouldn't go backward because offline things were used to be the norm when there was no much internet and technology available.

And if we talk about trading, that becomes even more difficult to be done offline, one can think of only making transactions from one wallet to another wallet offline if it's designed in such a way just like how we send SMS from one mobile to another, but trading them wouldn't be a possibility.
That is true, when the world accepts a new technology they end up using it more and more, there are some "inventions" that didn't get picked up so we may never use them or maybe come back to them later but the internet is not one of them. We have been using it for a very long time and right now the whole world is built on that. If you could cut the internet of a nation for just 24 hours, you would make that nation lose more money than some natural disaster.

This is why it's quite important to realize that we are talking about something that would never happen. Of course there are places in the world where there is no internet, but at that point it's not internet companies job to bring internet there, it's peoples job to move somewhere where there is internet if you ask me.
1190  Alternate cryptocurrencies / Altcoin Discussion / Re: Your thoughts on the impending Litecoin Halving? on: July 22, 2023, 06:25:01 AM
Lol, I already use search engine, but it's still 6 topics including this one, maybe 4 more topics would be created when it get closer to the halving date.

1. Litecoin halving next month - worth investing?
2. Only 89 days left for Litecoin Halving event!
3. If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysis
4. Litecoin's comeback
5. Is the upcoming LTC halving a market mirage?

Many people are expect Litecoin's halving will have a same effect like Bitcoin's halving, while the reality Litecoin's halving has no effect for the Litecoin, Bitcoin's halving do give effect to Bitcoin and other altcoins.
I guess it's about the hype and people are just way too hype to make a search and they come here and write the topic on their mind. I can't say if that's a good thing for litecoin or a bad thing. I mean this isn't really shilling considering litecoin doesn't need that, but it also looks like there are hyped weaker hands as well sometimes.

In any case, we can see from here that there are a lot of people who are super excited for it and they can't wait for it to start already. I believe I could be one of them, I mean not this much of course but I do like to see the halving as well, not starting the 7th topic for it lol, but definitely invested some of my money already and waiting for it to start going up.
1191  Economy / Speculation / Re: Whats your thought on: July 21, 2023, 07:12:15 PM
That is always expected by many investors, especially long-term bitcoin investors, but apart from that they will not have any effect on the pump that is happening and some of them don't even care because they are waiting or want a better price.
And I never thought anyone would know that a bull run and/or halving was imminent so many people were buying or vice versa to be the reason for this big pump.
I think price increases and corrections that occur are very common, and we don't think there is a need to be specific about why they are because that's how the crypto market works.
The crypto market will always seem to work when there is always demand and supply going on in it, because without this the market will not work on its own every year. For the problem of concern for long-term Bitcoin investors in terms of price, it can also be an influence in the market because usually they are more patient in holding assets than their desire to sell more quickly, but this only affects price resistance in the market, not for market performance every day because price movements in the market are more influenced by the many traders who always come to the market to buy and sell there.
I believe that it is going to take some time before people could realize how terribly long time it takes for crypto to make a move like that. I know that it is not going to be easy but if we could wait for it then the supply/demand mechanics will make sure that the price will go up. Of course this won't be easy and we are going to see some things change for the better as well but we just need to realize that it is not going to be that easy.

Waiting is the hardest part for many people, but if we could make it happen then it is not going to be that impossible neither. Realizing that crypto is something that is profitable, specially bitcoin, over course of long period of time is something that takes time but everyone understands it eventually.
1192  Economy / Speculation / Re: $35,000-$37,000 for Bitcoin in 2023 as my peaking barrier, is breakout feasible? on: July 21, 2023, 06:16:40 PM
Anything and everything can happen in the next five months. So expecting something or predicting the price now won’t be a wise decision, I would say. We have usually seen bitcoins go up in price in the months of September and October. Now that it’s July, bitcoins have already crossed 30,000 USD. If they keep the same pace and increase at a steady rate, then we can definitely see bitcoins Crossing 50,000 USD by the end of this year. But everything depends on the demand that we people increase in order to accumulate the coins. Let’s hope for the best and wish Bitcoins to reach their new ATH price soon.
I don't know if bitcoin can grow in the remaining summer months because historically summer has not been the best time to grow. Although the first half happened to be very good. Now the price is at a key point and really anything can happen, because both support and resistance can break. But I don't believe in 50k this year.
That is true, summers are not our best periods and it may not do that well. However, I also believe that we are not going to end up with anything all that bad neither, normally we are used to seeing bitcoin going down during summer as well but this time around I am not expecting it to drop.

This is of course a difficult situation because it means that we are going to see some things changing. If something is changing then why are we not seeing it go up? I mean that would not be impossible, if it is not going down then going up is the only logical increase in price. Hopefully it would be a good period and the price has at least a small amount of increase, not a ton but at least a small amount that would be a lot better.
1193  Bitcoin / Bitcoin Discussion / Re: Can I save my brother by investing in btc now? on: July 21, 2023, 10:59:02 AM
I'm sorry for your brother's situation. In my country, people usually can't afford cancer treatment, so they crowdfund it in social media and try to find help of charities as well. Sometimes it's also easier to find a different country where cancer treatment is more affordable.
I agree with others that getting from $3k to $75k with Bitcoin is unfortunately very unlikely. Perhaps that can happen over a couple of decades, but cancer treatment isn't something that can wait that long and rely on something as volatile as Bitcoin price.
This is such a sad story and can't believe that there are still nations like this, I thought China was a communist country, isn't that mean healthcare should be free too? Why is it costing 75k dollars?

In my nation, even though we are not even communist, the healthcare situation is handled, we pay about 6.5% of our salary into a pool, and that makes healthcare free, it's governments budget situation after that, if people got sick way too much that year and cost a lot, that means they are going to be down, but they could just print money and increase the inflation because of that and continue, yes it sucks and yes economy is fubar right now, but that doesn't mean we should let people die when they do not have, that's not an alternative, I rather live in a poor nation where everyone has free healthcare over a rich nation where people die when they do not have money.
1194  Bitcoin / Bitcoin Discussion / Re: Kuwait Bans Bitcoin and crypto payments, investement and mining on: July 21, 2023, 10:28:10 AM
It doesn’t matter at all. This country had no significant contribution in the Bitcoin market at all. I don’t think having its geography near to UAE makes any different as well? They are not dependent country on the nearby countries of UAE so it really matters nothing. In fact any countries adoption or non adoption doesn’t mean anything to anyone. I believe this is going to be just another news in getting printed at some corner of the news paper and thrown in the dustbin after a day or so.

In fact most of the internationals would have never came to know about this news if it wasn’t posted here. It’s just the forum where we hear such news.

Frankly I never go online try to dig information whether any country has banned it or not. It means nothing. Bitcoin doesn’t really care about it.
That's true, this isn't that important and plus we weren't getting like tens of billions of dollars from Kuwait as well, it is only bad for the citizens there who liked to use it, which would not be possible after this current situation but I agree that overall the bitcoin market wouldn't be phased about this at all.

Sure there could be some people who might, I would understand something like that but that doesn't mean that it will be too long neither, I believe it is going to be just regular people and I would not be able to think that it would be a bit of a weird situation. In the end we are talking about a situation where it is going to be getting a bit of tougher for people to move on when more nations bans it, so I hope that doesn't happen.
1195  Bitcoin / Bitcoin Discussion / Re: A idea from my home boy on: July 20, 2023, 11:18:46 AM
Because if he lost two words of his seed, it the rest 10 or 22 words will be useless. He will have to use service to brute force it and if brute force does not work, he loses his bitcoin. Spliting it does not make it more secured but worse. What will happen if one of two words are from checksum?
Just two words, to brute force it would be very easy. But the idea to split seed phrase into different parts is not recommended at all when there are better options like to use passphrase instead, or the use of 2FA wallet, or multisig wallet which are enough to protect your coins if done correctly.
Why do people are "losing" these things and why are we trying to find a way to make them work for it? I feel like that shouldn't really be a deal and I feel like we should not really make it work. I just think that we should make sure that people know how to properly store them and just use the things we already have.

I get that people fear that they may lose it, so just write it down somewhere and store it safe, why would you want to do something that changes anything. I believe that the results would not be that weird and I feel like it should not be any different. Of course it's hard to have a different approach, because we have been seeing the same type of approach many times over, the reason is that it works.
1196  Economy / Trading Discussion / Re: Things that influence our trading decisions on: July 20, 2023, 10:36:02 AM
In short, we should always stay on our original path, we should never cross that line. For example, in terms of profit, sometimes many of them have touched their target at the beginning, but they are too greedy so that the profit they should get at the beginning becomes a loss. That is one of the examples where a trader suffers a loss due to exceeding the limits set at the beginning.

Emotions are one of the fundamental things in the trading journey, and it is true that emotions play a role when making decisions. It takes practice and experience when making our emotions work, I mean emotions can be used to make us profitable. But again it takes a process and certainly will not be separated from experience.
I feel like that only works when you know where you should sell at. We are forgetting that not a lot of people know how to pin point where to sell, some people buy because they think they should buy at that price, and sell because they think they should sell at that price, without knowing what to really do.

This causes of course a lot of trouble for them but at the end of the day there is really nothing wrong with making mistakes. That is how people learn, they make mistakes to learn and they will end up learning one by one. This may take some time, but it will eventually happen and that is why I believe that we are going to be fine in the end. Definitely not a problem at the start, so people should just fall off the bike to learn how to ride it.
1197  Economy / Trading Discussion / Re: price action on: July 20, 2023, 09:38:23 AM
CEXs deploy such news calling because they know traders, amateurs like it. They do it also because they want to get as much trading fee from their users as possible. Their users end with profit or loss, they don't care because they know if greed people don't lose all capital, they will return and repeat nearly same activities and help CEXs get more income from trading fee.
That's the problem with trading, the more people trade the more money exchanges get, so eventually if we all end up buying and selling from each other, the exchange will have a share of it and they will own all of it one day, that's not acceptable.

This is why I think DEX should be considered a lot more, that allows people to trade with each other while other people make money from it, we all make money and we all trade it and that's why no single person will have all of it. That's how we should approach it at all times. CEX is not terrible, just the idea that they are getting a share of everyone's trades makes it so that they are the sole entity that will own all of bitcoin one day if we keep going this route forever.
1198  Economy / Trading Discussion / Re: Which is more profiting self trade or AI on: July 20, 2023, 08:32:02 AM
Will you prefer to trade with AI or you prefer to do the trading yourself?
Bot trading is best if you don't have time to trade, and don't have enough knowledge in trading. But I prefer to trade my own money because I don't believe that bots or AI can sustain in the long run. I have knowledge in trading and I keep on learning new things that I discover from trading and adapt it to my next trades. I know it hard at first but gradually you will understand how trading works and what's the best thing to do if you encounter consistent losses. Since we are humans that have emotions, we have to handle it and avoid being controlled by our emotions, because if you do you can be profitable in the future.
If you do not have much knowledge about trading, then bot trading is terrible because the bot trades based on certain things that you need to configure and if you are terrible at trading then you are not going to be good at it neither. I bet that the best thing to do would be making sure that we are handling it ourselves, so that we can use the bot to it's best capacity. I know that it will not be as hard as manually trading, but it's also not that easy enough to make even newbies trade and earn a lot of money.

A lot of people tried to build something that people could make money from without ever knowing a single thing, nobody has achieved it ever. This is why everyone should be considering the situation a bit differently before approaching it.
1199  Economy / Trading Discussion / Re: Trade with caution on: July 20, 2023, 07:24:03 AM
Every trading we made we gain experience not all the time we win the trades this serves as a lesson to us what are the things we need to fix, another thing is if you didn't apply those mistake you made I guess you need to make changes to your self we learn from those to prevent this things might happen again use this to serve as a lesson to you so you don't repeat it again. Another thing is people keep doing a single coin holdings or making a single pot of asset if those asset falls down all of your investment goes down too ideal to separate and scattered those funds so you can still win in others if you didn't mange to get profit to those some investments.
This is why I do not "hate" losses, specially if they are not huge amounts. For my personal amount, if I made a mistake that is under 100 dollars that's good enough for me, I know that's very little for some people but for me that's just fine, if more then it is going to risky situation. Why do I not "hate" them, because I can see what I did wrong and that way I would be able to actually make a profit off it as well, that's not really all that bad and I think it is going to actually help me on the long run.

That mistake you made for a low amount could turn into a profit that you made for a big amount in the future if you learn from that mistake. This is why I believe that it is quite good to make sure I can make a good profit by learning from them.
1200  Alternate cryptocurrencies / Altcoin Discussion / Re: This time for meme coin? on: July 20, 2023, 06:45:42 AM
They'll never be a good time for memecoin, it keeps failing investors and similarly investors who lost money through memecoin wouldn't dare invest into good cryptocurrency projects like bitcoin and ethereum. Some people see memecoins as an opportunity to maximize their profits or feel like early adopters, yet they get disappointed with the results that follows memecoin. They've got no use case, which is a red flag to the durability of its price. Except that Elon musk hypes dogecoins its price wouldn't have made any advancement during the 2021 bull run. They depend on hype and that's a waste of the naive investor's money.
I only wish people would see this, it is so obvious that memecoins are terrible and will stay terrible, the fact that people can't see that is beyond idiotic to me. I know that it is not going to be that easy and all, but we need to make sure that there are also no problems about this as well. Why would memecoins be going up anytime soon? Why would anyone think that it will go up anytime soon?

People should realize that it will not and they suck and even if they do that will cause them to lose a lot of money when it evidently crashes. We need to make sure that we talk to people about these parts, because if they just buy it without answering these, they are making a big mistake and should not be worried about it for sure.
Pages: « 1 ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 [60] 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 ... 376 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!