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2481  Bitcoin / Bitcoin Discussion / Re: All I need to teach my employees about Bitcoin on: October 05, 2022, 02:06:41 PM
My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.
You have really taking a bold step, from accepting btc as a method of payment in your organization to trying to educate your employees about bitcoin.
I don't really have much advice to give but to you.
All you just need is a projector, or a white board, a simple graph about how btc works, and if they have access to anything that have access to the internet access they can educate them self from the fundamental that you have giving them.
That’s right, taking a step forward in crypto is a hard thing, and start accepting bitcoin which is a volatile thing is even scarier and doing that for your business will be something many people would be afraid of.

I understand that there are some, specially people here on bitcointalk do accept it easily and that’s understandable, but that doesn't change the fact that we are talking about something that would be beneficial to everyone who would be able to make it work in the long run. That doesn't mean that just because we accept it, it’s easy, it’s not because we are here and can't see it, at the outside world it’s still a very difficult thing.
2482  Bitcoin / Bitcoin Discussion / Re: US Senator Says 'I Love That Bitcoin Can't Be Stopped' on: October 05, 2022, 01:12:39 PM
US Senator Says 'I Love That Bitcoin Can't Be Stopped'
source: https://news.bitcoin.com/us-senator-says-i-love-that-bitcoin-cant-be-stopped-citing-concerns-about-national-debt-and-inflation/

U.S. Senator Cynthia Lummis says she loves that bitcoin cannot be stopped and that governments cannot just confiscate the cryptocurrency. “It’s actually comforting to know that bitcoin is there,” she said ...

... she said the truth  Smiley
This is what the government is afraid of though. I mean as a senator they can think whatever they want, but if they cannot reach the bitcoins of anyone, and everyone goes into bitcoin, then it is not going to be that easy for them at all.

This is what I believe would be a big deal for them, taxation is the key for any government to continue, and they do charge you tax when you profit from it, but if you hide it, and they cannot find it, that means they cannot tax something they do not know exists, and that’s their problem. Hence, senator or not, each of the government members, elected officials, need our taxes and bitcoin profits for sure.
2483  Bitcoin / Bitcoin Discussion / Re: A New Study - Bitcoin is 56x more energy Efficient than Traditional Banks on: October 04, 2022, 08:10:31 PM
I am a bitcoin investor and bitcoin also gives me a lot of things that my main job cannot give me. But I can tell you, bitcoin is not comparable to the banking system. As @hathepsut93 said, it not only provides you with a simple way to transfer money, but also a lot of other services.

Banks have been around for centuries and bitcoin has only been around for 13 years. Before bitcoin arrived, did you rely on banks? I don't believe you don't have any bank account, I don't believe you never use a bank in your life. Bitcoin is amazing and everyone should have some bitcoin if want good future that is my sincere advice, but the bank is also very important to us, we should not get rid of it completely, just don't put all our trust in it.
Bitcoin, being able to both be store of value and also a payment transaction may make it unique on its own. I mean surely there must be "some" out there, but can you tell me something that both gains value and makes you rich and you invest into, but could also use for paying a cup of coffee?

Look at all the other investments we know, bank savings account, gold, real estate, stocks, whatever you can think of, they are not stuff we use to pay for a coffee, or look at things that you can use to spend, dollars, change, credit card, whatever, they are usable to pay for stuff but those are not investments. Bitcoin could be the only thing you can use together.
2484  Economy / Speculation / Re: October price guess on: October 04, 2022, 05:36:40 PM
Nothing is to be expected in October as the battle between the bulls and bears continues towards the end of the year.
There are no scheduled events that will happen on this month so you might be right with that. Nothing extraordinary will happen within this month. There's also no battle between the bear and bulls because what I can only see here is that the bear is only raging continuously. There is is no signs of a bull yet. We can only say that the bull is here and it's fighting the bear when the price breaks over 30k usd or more.

as we now enters October , yet the movement seems the same and no changes at all , staying at 19k level from last night till this moment?
I'm afraid if there are best coming for us but what I am sure that sooner there will be great to come for all of us Bitcoin supporter.
either this month or the next? still last quarter mostly is what we are waiting to make a decision for the whole year investments and holding.
It could be a sign that the price will act the same as what we have seen on September but don't worry because just like the saying says "best things comes from boys who wait". There may not be surprises this month but it'll come next month or so, that is for sure.
2485  Economy / Trading Discussion / Re: If I get heart Attack that is because of BITCOIN on: October 04, 2022, 11:24:50 AM
Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
I think you should set your own goal when you want to sell your Bitcoin, since when you buy Bitcoin the price goes down and when you sold your Bitcoin the price is up maybe it's because you panic selling when the Bitcoin go down after you buy it and it rebounds to at some price which made you get some heart attack. Try to hold for the long term and something like this is almost not going to happen.
Predicting the future doesn't make you a profit because you may end up predicting it wrong. But, if you calculate when you should sell based on the price and not the date, you will end up with a profit for sure. I am not saying that I will sell it next year, or the year after that, or next month, it doesn't matter "when" it will reach where I need it to reach.

I always say that I will sell when it is high enough amount that I would be able to retire with it, and right now it is impossible to do that with bitcoin, but if I could earn more from altcoins that go to moon, then I will be able to retire when the amount is enough for me to retire, not "when" but "how much".
2486  Economy / Trading Discussion / Re: leverage trading method and psychology on: October 04, 2022, 09:39:40 AM
Leverage trading requires psychological conditions, of course this is not suitable for beginners, but if you want to do it, choose leverage starting from the smallest first. The most dangerous thing is if you choose a large leverage, then greed and not doing a cutloss in certain situations will approach, so that we are trapped in a large floating situation and finally it is possible to make a cutloss with big losses due to panic selling.
Leverage trading requires an understanding of the risks, that's the hardest part. Many people do not understand how difficult it is for people to make a profit based on such a low amount of chance to profit, there is a good chance that you could start trading and after just one minute you could lose all of your money.

So, you should at all times be careful about what you are doing, if you end up not caring about it then you are going to lose a lot more and that's something you should be careful about and newbies do not realize. Newbies do not usually know the risk that you would lose money in a single minute if you are not careful about.
2487  Economy / Trading Discussion / Re: Is it best to have a personal trading strategy? on: October 04, 2022, 08:02:35 AM
It is precisely those who do not have a personal strategy in trading are those who enter the world of trading carelessly.
Having a personal strategy in trading will not guarantee consistent profits but it will allow us to learn every mistake made and be disciplined in trading so that it can reduce losses.
There are way too many people who do that, and that's the reason why there are more people losing money on trading than earning. There is a minority that is making all the money, and a majority who keeps on losing, and if someone leaves, another newbie takes their place and veterans take their money one by one.

If you know what trading is like, and if you have a working understanding of the trading indicators and charts, then you will know what to do and you will be able to make a profit. However, if you are a newbie and just trade stuff because you feel like it, or you read it somewhere on twitter, %99 chance you are going to lose all your money.
2488  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: October 04, 2022, 05:45:51 AM
there is a separate fan base for test cricket. But the numbers are too small when compared to T20 or ODI cricket. I don't have an issue if test cricket remains in its place. But right now, it is overlapping with other formats. For example, a majority of the players who are included in the test squad are part of the T20 squad as well (I am talking about teams such as India). And these players spend more time playing test cricket compared to any other format.

Let's take the example of Virat Kohli. Last year, he played a total of 11 test matches (55 days), 3 ODI matches and 10 T20I matches. How can you justify a player like Virat spending 55 days on test cricket and just 13 days on limited overs cricket? Another example is that of Rohit Sharma. In his case, he played a total of 11 test matches in 2021, compared to 3 ODI and 11 T20I matches. 55 days of test cricket versus 14 days of limited overs. Does this make any sense?
This all is happening with few players those are involved in these all formats for long time now as time is running out we can watch few changes with mostly teams are having quality players for T20 and test format which are giving their best in separately which is good because in near future we can expect more changes with mostly big countries will have two teams and these could be done better justification as both could be able to give their best into their formats and boards needs to do one thing just give them salary packages which could be affordable for all as well.

Because IPL factor is surely having big impact and with this mostly youths are not interested in test and domestic cricket which is related to 3 or 4 days, and they love to have big contracts with IPL franchise which is more beneficial so if they are able to do these changes than surely we can bring good players in both formats which could be more helpful.
2489  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Merge Success on: October 03, 2022, 06:48:03 AM
The merge process has occurred for almost a month and is still a trending topic on social media, I think what the Ethereum team is doing is a step forward to make Eth continue to survive in the top ranking, we are waiting for any steps after the merge process.
Everything is still going well, I see ETH is doing very well, the eth network has become a bit faster and transaction fees have decreased somewhat. While not the lowest fees it used to be, we can still see the positive effects of the merger on ETH. People were just disappointed that it didn't go up after the merge and now looking at the ETH price it doesn't look much better.
That was my fear, I mean merging is not the problem, the problem was what would happen after that? And considering what we have seen before, I was afraid that it would be a lot worse and we would have something that would bother us, like some glitch or bug or any type of problem where hackers would get hold of big funds and so forth.

It hasn't happened yet, which doesn't mean that it would never happen, it just means that it hasn't happened yet, but that’s still a risk that we have managed to postpone and that’s a good thing. If it happens 1-2 year down the line, versus it happening right now, that would be a big deal and it would cause a lot of trouble for sure.
2490  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto's Metaverse projects are looking good now on: October 03, 2022, 05:18:23 AM
Is it not a work in progress? The graphics and design is laughable but maybe Zuckerberg will change it at the later stages? It could be a test to know the reaction of the people. But it could be intentional to make it plain and very ordinary so even old people that are not following the new trends of technology can get it. By making its metaverse simple, it is also not irritating to our eyes night or day. But we will just follow on what is next. Many of us are laughing but we do no really know the reason behind it.
Obviously it’s going to take at least a decade before it could be what it is advertised to be. Let’s face the reality that we are in a world where it is not easy to have progress in tech but also easy at the same time. How is it easy?

Well, the tech that has been worked on for many years keep having better improvements all the time, there are stuff that people started working on 8-10 years ago (like gpu world for example) and finishing now so you see a bigger and better improvement, while we are using 3000's series, 4000's series already started to worked on before 3000's were released. But things that are new, things that wasn't worked on, takes years, because that’s from scratch.
2491  Economy / Economics / Re: 23 Countries Now Abandoning US Dollar on: October 02, 2022, 09:03:34 PM
Your source is an anti-American site. Should we expect to believe you? You're spreading lies. Majority of the nations you mentioned op is not true. Russia and China wanted to get out and fight US dollar domination but even India won't commit to fight the US dollar. India attempting to balance each sides. India is a close friend of Russia but it is an enemy of China. India is also a member of the QUAD together with the United States, Japan and Australia. Germany, the United Kingdom and France have their own Euros but they won't totally abandon the US dollar.

Op I suggest you find a source that is not funny and biased the next time you post here.
I am pretty sure that there are "anti-American" nations as well, hence why there is a slight truth that there could be some nations leaving dollar for sure. Doesn't mean it is these nations, it just means that there could be some nations and governments who hate America and could be leaving dollar as much as possible.

Looking at the treasury of many nations in the image, it is not shocking that some of them have lesser, plus there is still no situation where it is fully gone, it is just "a little bit less", it’s not abandoning levels of it at all, it is simply just leaving it aside for a while, that’s it. So, I would assume that there could be slight truth, not because it is not an anti-American source, it is, but there are anti-American nations too.
2492  Economy / Economics / Re: Inflation is a creeping beast on: October 02, 2022, 07:45:21 PM
If inflation is serving as a creeping beast to looming every economic progress then it's time we realized the need to create a resistive monster to tackle against it, we have different approaches we can adopt in the economy to achieve this, one can engage on sourcing for an alternative business or venture, investment on digital asset like bitcoin, adopt Dollar Cost Averaging (DCA) techniques, set a realistic budget with adequate planning, avoid unnecessary spendings, cut cost and always buy the dip.
Spend less is a key factor that is a very tricky subject here. If you are living in an inflationary environment then you are going to have a hard time spending less, and if you do not buy the thing you want to buy right now, tomorrow it will be more expensive. I suggest considering debt as an asset and not a liability. I would suggest if there is inflation, then prices will go up, so if you make debt to buy something that you can resell later on, that would be a lot better in the long run.

It's not easy to buy things that you could resell higher because even if there is inflation, the thing you bought will turn from brand new from the store into a second hand, so buying second hand is better, that way it stays second hand and will go up in price even when you are using credit card or loan to buy it, you will resell for higher than what you paid for.
2493  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be Palestine's currency of freedom?? on: October 02, 2022, 02:55:32 PM
You say El Salvador and the Central African Republic are experiencing financial freedom? LOL. El Salvador remains about as poor as it was and Bitcoin adoption has been rather low despite government promotion
I think financial freedom means we are now free to use our money and it doesn't mean that we will now be rich once we embrace bitcoin with us although it is possible due to its characteristics. For now maybe the adoption is low but I believe time will come that people will know the importance of bitcoin. Many people are soon going to embrace it.

Bitcoin is for everyone and everywhere. Just need to have Internet connection, a non custodial wallet (should have it, rather than custodial wallet), you can use Bitcoin.

Can use means you can receive and send it to others. Next, get accepted as a payment method locally is different; get legal tender is more different. If you use Bitcoin for illegal things, you will not have or have less issue with government even Bitcoin is not legal tender in your country.
If we want to attain a total freedom then we must use a wallet which we own our keys or seed phrases. I think btc to become a legal tender is only optional because many countries or people are now using a btc despite btc on their place is not yet a legal tender and still they can be able to use it on almost anything. Shops which accepts a btc are still popping out.
2494  Economy / Economics / Re: Development of bitcoin in Nigeria and it's economic effect on: October 02, 2022, 06:23:51 AM
The government difficult to do this because if there are two type of currency, people will prefer the currency that makes it easier for them to transact as well as other advantages, so not suprising many governments will ban bitcoin because they consider it their fiat competitor and can damage the banking system where the government also oversees the finances of citizen through banking transactions. Moreover, the government is filled with old people who find it difficult to accept change and always consider what has been going on as the most correct thing.
No matter how difficult the government choses to be on policies related to  regulations, adoption and ban of Bitcoin Nigerian citizens will always make their choice and find a way to navigate between fiat and crypto not because they want to be rebellious but because the Naira keeps depreciating. One of the biggest issue the leadership of Nigeria is having is that its governed mainly by the old who are bibliophobic and as such the get stuck in a cycle of knowledge. With the devaluation of Naira against dollar many youths prefer keeping their money in either Bitcoin or USDT just to save their hard earned money against inflation and if this persist in future times the local banks might run out of liquidity
That’s something many nations with weak currencies will end up doing, that’s a common thing and we need to realize that people are looking at other nations and using crypto as payment. Let’s be honest, 100 bucks may not be a big deal for an American, even a high school kid could earn as much as 20 bucks per hour at some pizza joint or whatever, and that means something that people in Nigeria would work days, maybe a whole week for, could be earned in a single day by an American.

That’s why it’s such an important task, and I would definitely look for it to be great and that way we would be able to consider it something that is profitable for all of us at the same time.
2495  Bitcoin / Bitcoin Discussion / Re: Bitcoin island in the Philippines? on: October 01, 2022, 08:44:30 AM
It is not a big news in my country but indeed crypto is fast growing in our country. There are mobile crypto wallet that allows to easily pay bills, book resorts since it converts traded crypto into fiat easily. There are small business who accepts BTC now. If they will really built a resort in Boracay it can influence more tourist spots to accept and will make wide adoption even in tourist. Hopefully it will be managed and run well to make it possible.
The evidence is even the online payment wallet is now accepting cryptocurrencies and many more, no surprise that they want to create a bitcoin island in the Philippines because they know many people will gonna enjoy it and they can even attract some tourists from outside of the country. Now the problem here is, the current situation of the market where we are currently in a bearish market. if this is no problem for them, then they can really proceed with this big plan for bitcoin and I'm sure everyone in the crypto industry will like to see how will it be.
Plus, there is a huge community that follows bitcoin in there, which means that there is going to be something that would benefit everyone there since it would be ready with a community in the long run.

That’s going to be a key element because it makes people realize that they could at least populate the place easily and could make a good profit from it as well. Doesn't mean they have to change anything, it would still be a problem with the general idea of it, but if somehow there could be an island, population problem would be solved and that’s a good thing, all the other things needs to be still solved since it’s definitely a big problem for sure.
2496  Alternate cryptocurrencies / Altcoin Discussion / Re: Three questions for old crypto fans on: October 01, 2022, 01:25:20 AM
I'd think it's normal, but that's on the occasion where you did your own DYOR. It's a nice startup for look for investment locations though if you're lost. As for projects, well old projects that don't see any improvement are bound to lose their place and get replaced with new blood., especially in the case of crypto where a lot of projects come and go every year. And I'd reckon to compare the most similar scenario for Luna was that big altcoin scam that took years to build up before the owner just poofed out called OneCoin I think? So yes, it's not really a "failure" per se, but you'd see coins like Luna come and go as well.
I do honestly believe that old projects that do not improve and keep up with the times going to always end up being worse. Why do you think that ETH being the second biggest coin of all time still trying to improve and change some stuff and constantly have the need to develop? I mean they could easily say they are second biggest and be done with it, but they do not, and they keep working on it, why do you think that is?

It’s because if you do not keep improving then you are going to drop eventually. Same goes BNB and same goes for all the others, they all try to keep on evolving at all times to become something much bigger than they ever before.
2497  Economy / Gambling discussion / Re: Cricket match prediction discussions on: October 01, 2022, 12:43:53 AM
It may be a non-issue for you, but not for me. Nowhere in the world, foreigners are allowed to constitute 100% of the playing XI in any other sport. 99% of the other sports have a requirement that only citizens can play for national teams and the remaining 1% allow 1 or 2 foreigners at the most. And in cricket a majority of the teams doesn't have a single citizen in the "national" teams.

And many of these players arrived on GCC nations on tourist visa (and not on job visa). They become eligible to play for these countries after 6 months of residence. The eligibility criteria in cricket is a joke.
Most of the peoples are having no idea what they are talking and what is issue because they never understand beauty of the game right now as things are going for GCC it is surely punishable because I am personally feeling these things never been allowed you to are not having any player from native country and team is participating in big events like Asia Cup, and then they can go into World Cup it is completely nonsense but here ICC is doing all hypocrisy just because of few personal likes and dislikes which are never been good for the game of cricket.

Here many countries with native players are going to suffer badly if they want to do these things then surely we need a policy player which are living in country for four or five years they should be allowed instead of which are coming on visit visa and enjoying and the after few months they are not having any chance agree about this ICC is doing good jokes with this game.
2498  Economy / Economics / Re: Business failure among small-scale entrepreneurs on: September 30, 2022, 08:35:59 AM
Perhaps of the many young entrepreneurs, only a few can really successfully run their businesses. They are the ones who can learn from anywhere to gain more knowledge and also often try trial and error in business so they can find the right formula for them. Each entrepreneur must have their own formula so that their business can run well and if they get a formula from someone else on how to run their business, they have to adapt it to their circumstances. It will be better because they can find what works for them and help them achieve success.
Yes, each one of us who venture to become a entrepreneurship, might not succeed in the long run. There are a lot of factors and sacrifice that we need to do and there is no formula that really fits everyone to be successful. So it will be a trial and error in the initial and this is where it going to make or break new and young businessman. Hopefully, they will adapt, and only handful can achieved success because it is very difficult if you don't have the expertise or no one is mentoring you. Going to be a struggle, but for those who succeed, it will be worth.
One of the hardest parts that I learned while trying to be one was the fact that it takes so much of your time that you wouldn't even understand. I mean working is always hard of course, there isn't any jobs that is easy and entertaining so much that you would want to do it for free, all jobs are hard and that is why people pay you for it.

But having your own company means that you are going to work harder than anyone else, you are not going to just work at office and come home and forget about it, you would have to actually end up with something on your mind at all times. So, basically you are working 24 hours, even in your dreams, it’s really hard to live like that.
2499  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 30, 2022, 01:53:52 AM
From ICC and the broadcaster's point of view, 70% of revenue loss is not so little and it comes from just 1 source.

We've discussed many times here and everyone is very critical on how unfair is to organize only 10-12 team WC, including the qualification process. But at the same time we have to be practical as well, after all, this money subsidizes cricket in smaller cricketing nations.
If the ICC want to limit the number of teams to 10 or 12, it is OK. But then there should be a fair qualification pathway. What happens now is that ODI ranking decides the 8 slots (where associate nations are not included), and the qualification tournament decides only the last two slots. In other sports, direct qualification is provided to only one team (hosts). Even giving direct entry to 2-3 teams is OK. But doing so for 80% of the participants is a sham. In FIFA World Cup, even teams like Brazil and Germany needs to play the qualifying tournament.
We are talking too much about this all but sadly no one caring about this because deep greedy pockets are having their own mindset, and they are doing which is suitable for them, I am also not in favour of this system because they need to be set this only host and defending champion can go through direct all others have to be done qualification pathway which is much better and bring some more entertainment but sadly who cares in ICC about this they are doing their own business with their own policies which are not suitable for this game.

FIFA is surely doing one of the best thing in their game just because of this they have enough success and strong system even many allegations are around them as well, but their system is still one of the best and giving good development to the game.
2500  Economy / Speculation / Re: All Eyes On Bitcoin’s Monthly Close on: September 30, 2022, 01:39:40 AM
Their is some people who analyze the future of bitcoin, and when looking at it you see that some people give fake analysis of Bitcoin
Except for mischief makers, I'm not sure most of those who give contrary analyses do so intensionally. We've to take into cognizance the fact that trading is highly a speculative profession and as such predictions can go either way from what it's expected to do.

On the topic at hand, I've not really taken out time to monitor monthly close of Bitcoin. Perhaps, it could be that I do more of trading than buying and hodling. Monthly candle close appeals more to investors than to traders.
It is obviously a speculative thing but when you have little knowledge about how it works and you share your ideas anyway, that means you are doing that purposefully and you want to be right but you know that there is a good chance that you could be wrong. Sharing your speculations comes with a responsibility and that mean people will read it and even if one person is convinced because of it, then you are taking the responsibility of that persons profits or losses.

I know that people could get away with it saying "I just shared my opinion" but it's still unethical if you have no idea how any of this works. If you are a veteran who knows what they are saying and still fail that's fine, it's the newbies who make up stuff from their gut feeling that is the problem.
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