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April 27, 2024, 03:11:33 PM *
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1301  Economy / Trading Discussion / Re: Why does everyone want to trade? on: November 12, 2022, 07:10:30 PM
There was also one problem with your friends trade and that was Timing. Since you stated he studied the whole market for entire two years with demo account and then started the real just before covid then it means he studied in pretty stable environment when shared and stocks and everything was very stable. Even the crypto currencies were doing real good.

However, your friend literally was at wrong place when he started with real money and that was covid. The pandemic actually made the economy go down severely and most of the business and companies were forced to halt the operations immediately. This affected crypto market too.

This is why your friend was not able to tackle the situation. Those who HODL during that period made good fortune. But others, dam it was pretty bad ass.
1302  Economy / Gambling / Re: MegaPari | Gambling&Betting | Deposit in Crypto! on: November 12, 2022, 06:51:22 PM
@MegaPari, I tried finding out few answers but not sure if I’m getting it right. Is MegaPari Asian brand considering the “pari” word. It’s bugging me since long and also the other day I have seen one advertisement associated with Parimatch sport betting website. The similarities are again there in the name with word “pari” and this casino is actually from Asian region only. None of this matter but just to check the geolocation so as to understand under which jurisdiction you guys are registered. The casinos is welcomed and we can already see good results. Hope you grow big soon.
1303  Bitcoin / Bitcoin Discussion / Re: The Nigeria Central Bank Policy a blessing to fast Bitcoin adoption in Nigeria. on: November 12, 2022, 06:39:10 PM
The process of demonetisation. This is what happened in India but at mega level and obviously it had been worst nightmare for 1.4 billion peeps at the same time!! There was not one note that got changed but 4-5 notes were demonetised and replaced with fresh new looks.

However the purpose was to dig out the black money that is the one which was in cash form.

You are imagining it right that it is could time to inject the bitcoin into the system, but it seems impossible to do avid the fear amongst everyone to replace the notes. Everyone would be in rush to replace the same etc.

Gives good reason to see bitcoins potential during such incidences.
1304  Economy / Trading Discussion / Re: Can someone teach me where have High Return Invest Program on: November 11, 2022, 06:14:22 PM
You want to go for High investment programs, then invest in bitcoin and wait for few years. That’s definitely gonna get you more than thousand % in the returns. However if you want to loose everything in a blink of an eye then you should consider investing into HYIP claiming companies. There are mining companies which can give you 10% returns every day but the only rule is you have to invest thousands of bucks first and never ask about your 10% daily gains. Because there are none my friend. Invest wisely in the legit projects, with less margins but highly trustworthy projects to invest.
1305  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: War of exchanges on: November 11, 2022, 05:40:40 PM
That’s weird to see, an exchange who had been asked about its legitimacy is removing the BNB from their list. Does not have any news on their social accounts regarding the reason behind its removal.

It would have been war of exchanges if every exchange out there started following similar path. I think it could be internal decision. Because if such spontaneous cycle of removing exchange coins started then everyone will end up removing their own TICKER from every exchange. Could impact the business badly.
1306  Other / Politics & Society / Re: Join the fundraiser for the world's first fleet of drones! on: November 11, 2022, 02:59:43 PM
I knew it, we will have new inventions during the war is going on. Well though it might be piece of technology that is already in the play but this is something good and new. Moreover it’s amusing to see that how various countries are already coming together to give a light to this project. I am not sure how successful it is going to be after seeing the aftermath of current math but just check the incredible technology that they have built. The detailing has been done very nicely. Hope so donations come by pretty well.
1307  Bitcoin / Bitcoin Discussion / Re: Bitcoin survived a lot more than one Exchange going bankrupt - Remember that on: November 11, 2022, 01:48:31 PM
Well bitcoin is still being used at its highest peak or even more in India. What is the huddle it got into, in India? Well many times they changed the budget and tried to put on hard rules and regulations over the bitcoin and rather the whole crypto currency usage.

They came up with flat 30% taxation rule in the budget 2022-23 thus making it even harder to trade here. Considering you end up loosing flat 30% in the trade it’s hard for Indians.

BUT, nobody is giving shit; some way or other everyone is still using Bitcoin and here and with more energy.

Screw 'em and let them sell if they panic. I'd like to grab some $10,000 bitcoin(or lower) if we ever get there.

"Everyone buys Bitcoin at the price they deserve" — some dude on Twitter. People who panic will likely buy back higher.

Definitely doing that. I will dedicate one salary if it goes down to 10k.
1308  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance walks out of FTX bailout...Another Twitter scenario?? on: November 10, 2022, 02:27:08 PM
That’s the problem of decentralised market. It gives you pros and cons in the same market. So on a good day everything will run smoothly but when it comes to the pockets of billionaires well they start move the market the way they want. Not just this, FTX also impacted investments of Tom Brady and Gisele have caught up the fire of FTX dump.

You never know who will be hunted down by crypto. This is the reason we must always invest into the coins like Bitcoin and ETH to stay away from the untrusted stakes like LUNA and FTX or basically any other altcoin.
1309  Economy / Trading Discussion / Re: Exchangers Are safer then Banks and wallets on: November 10, 2022, 01:18:01 PM
This is first time someone has come up with the idea that Exchangers are safer. We are already in the privacy driven market and there are only two things either you are the custodian or you are not the custodian of your coins. I highly doubt any exchanger would give away money for the hacks and shits to incur that loss in their own business. Unless it’s highly special and genuine case.
Define safety of your coins? In the world where we can’t even trust a penny next door you are claiming an exchanger would take care of our funds. That’s insane thought and you better upgrade it or it could put up wrong trust with your funds in someone’s hand.
1310  Economy / Economics / Re: Your BLACK FRIDAY deal on Bitcoin: 45% OFF until December on: November 10, 2022, 12:21:55 PM
This is definitely most positive thing that I am experiencing. Bitcoin is going to the prices that we always wished to buy at. The more down it goes the more it feels like to invest into it. I am also on the same note as hugeblack, I am short of cash too. I am not willing to purchase directly because our government has deployed their devil strategy of flat 30% taxes and 1% TDS for all the bitcoin tradings.

I think once I get the cash I might need to go p2p and buy few chunks.

You know it’s like, hands and mind are shaking how should I manage the cash without Government scans.  Grin
1311  Bitcoin / Bitcoin Discussion / Re: Bitcoin is Gradually Going to the Lower Class in South Africa on: November 10, 2022, 12:08:09 PM
I tried searching about the news but it does not seem they have published any news regarding it over their website or can’t find it anywhere else. Though it is good news, it would be interesting to see the facts about it published by them.

However, it seems that they have their own “financial cards” which can be used by the businesses and have 55 days of credits for their purchases with them.

So it is possible that they might have launched crypto related payments.

1312  Other / Off-topic / Re: Do you consider appearance in business and employment? on: November 08, 2022, 04:16:21 PM
So what is your point here really?
We stop being presentable and start wearing the home dresses everywhere we go?

For me presenting myself in perfect avatar is very very important because that gains trust for who I am. Now I can’t change that because some shitty criminal is using the same strategy to commit a crime. That comparison is really vague because presentation is top most priority in professional world.
1313  Economy / Economics / Re: CBDCs Cannot Save Weak Currencies on: November 06, 2022, 03:14:14 PM
Why would it be scam? I see no problem in having government regulated digital currencies as they are not going interfere with our daily lives at all. In fact those are way outs for the easier use of fiat on daily basis. For example, we can already see use case of digital payment solution in India through Unified Payment Interface. Even small Candy worth ₹1 ~ $0.015 !!! That’s the beauty of going digital. With this they are able to grow economy to the highest peak.

Let’s not mix up the things with crypto world I guess. CBDC is doing Whatever they needs to do for national development and I think that’s fiat system and we should have the border between two worlds always.
1314  Bitcoin / Bitcoin Discussion / Re: Early Sign to Adopt Bitcoin by Nigerian Government on: November 06, 2022, 12:22:41 PM
Africa seems to be plain ground for experimenting bitcoin and inject the blockchain system into it from the scratch. The number one reason is their own currency which is already so much devalued that it’s as equal to as not using it anymore. I mean simply put, it’s none of use if you can’t even buy daily needs without spending notes which says 10,000 Naira, 5,000 Naira. Those are very very big denominations. 

With countries development ahead, its not in the right direction so these gonna rise with the time. It would be unrealistic to print money for that country because they will need it in enormous volume.

This is where comes bitcoin in play. It’s smooth transition seems highly possible for them.
1315  Economy / Gambling / Re: WINZ.IO 🚀 WELCOME BONUS: 300 FREE SPINS 🎁 43 ETH ETHEREUM ADVENTURE 🌕 on: November 06, 2022, 03:40:00 AM
Make a deposit with the bonus code FRIDAY till 06.11.2022 23:59 UTC to receive the free spins and become eligible for a cashback.

Dang, I can't believe the fact that it's 500 free spins and I missed it already. This was my favorite slot actually and that's why it is attracting me to this offer. How can I miss this one?
From my experience this slot has RTP has around 96.95% and more over the volatility is at its best for this slot. Everyone who play all the time knows this is best combination to get a lot from the Free Spins. I am not sure how effective the free- free spins from this promotions but those 10 free spins that usually get will give a lot.
However, it is as important to know that the same volatility can kill the profits very quickly. I hope that everyone will enjoy these free spins but high returns for sure.  Wink
1316  Bitcoin / Bitcoin Discussion / Re: Firms Taking Advantage of the Bear Market to Enter into the Crypto Space on: November 05, 2022, 11:20:12 AM
The best way to keep the trade in positive is to buy the position for long terms and while it's in the bear. This strategy is very much popular in the share market because big bulls can easily earn profits and if somehow market drops in the later times then they could easily "square off" the long term positions and save themselves from the losses. Well known strategy when it comes to unpredicted market plus in the current situation of world the recession is knocking the doors. Whoever has the money, are the bulls who will be buying and once world recovers they will be selling the market. Thats funny how the saying never gets old, "Rich becomes Richer". The good advice is we should take advantage of them and start buying the coins on individual levels.
1317  Economy / Trading Discussion / Re: P2P fiat trades: How do escrowers avoid being fooled by fake documents? on: November 05, 2022, 04:07:15 AM
I am not sure how they work it on those platform but on localbitcoins you as a seller has the opportunity to click on "payment confirmation" then only your escrowed funds are released to the buyer.

Meaning as bitcoin seller you get more leverage as compared to the person who is buying it. Buyer has more risk since he will be transferring you real cash and you still has the upper hand of possessing the bitcoins in the escrow and they are only released when you give consent of bank transfer.

I am not sure what's got you confused? May be the way Bisq works?
1318  Bitcoin / Bitcoin Discussion / Re: Why i believe in bitcoin!! An amateur's outlook. on: November 05, 2022, 03:43:05 AM
I am not an avid investor. I invest small amounts now and than in bitcoin, and intend to not to touch my investment atleast this decade. I hope by then it will grow to a respectable sum.

If you follow this strictly and do not touch your assets until decade ends then mate you just got yourself nice house alongside a beach with lambo parked up front.

Though that's too much of saying but hey it's bitcoin and we are here because we know it's potential since the beginning. With the current situations around the globe it even pushes us towards more decentralized assets to stay away from restricted economy during the recession.

A decade is lot of time, but you pass the period you gonna get sweet fruits for sure.
1319  Economy / Economics / Re: LMAO: Santander UK bank puts limits to buy bitcoin and cryptocurrencies. on: November 05, 2022, 03:29:06 AM
This won't be a problem. This is actually another good reason to keep my bitcoins into my wallets only and not send a penny worth of it for fiat. Unless and until there is emergency situation one can easily cop up with the situation with 3000 GBP. That is still good amount of money one could need at any given time.

If not then there is always p2p option open for us. I mean direct contact with friends and family members so that we can avoid the KYCed platforms.

This makes better sense because we can directly send the funds to their wallet and they can directly send us cash or wire transfer for personal reasons. Everybody stays happy.

Believe me, one day peeps gonna start to follow such methodologies if banks gone too far with the restrictions. They talk like they own the money deposited by us.
1320  Bitcoin / Bitcoin Discussion / Re: BITCOIN VS LANDED PROPERTY on: November 04, 2022, 01:33:09 PM
I would equalise both of them and if I have to consider few major factors such as volatility and appreciation value then it could hamper my decisions in terms of “ratio” that I choose to invest in both of them. For example, bitcoin is highly volatile but at the same time it is far more appreciating in value as compared to landed property. No one can agree more on this one consider the history of 10-13 years for bitcoin. However, to secure myself loosing into the world of investment and becoming broke I would always choose both option. I might put more money into bitcoin and some of the securities in landed one.
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