I don’t think bitcoin can make anyone prosperous. The statement of yours is little controversial. If you ever give away 10,20,40 lbs of gold to someone then also we are not sure if that person will use it wisely or not and he may end up loosing it all on leisure and May fail to reinvest and grow it.
Bitcoin is no different.

Even if Chinese peeps started using bitcoin then it’s not a guarantee that they will make good fortune out of it. Many peeps still struggle to use bitcoin in day to day life because of its poor infra and non-instant nature.

The main reason I see here is dominance of Yuan which is dream of China and their dictatorship leaders.

If everyone started profiting then there must be some sorta magical money tree blessing the money out of no where!

Well, never forget this: If you are profiting it means someone is buying at the prices at which you are selling yours. This is how the trading market flows. The money does not just appears out of nowhere or disappears in the process. If you open up any trading chart on platform then notice the buy-sell changes which decides the price of coin on live basis.

You better know how the market works really and then jump in with the investment plan. Because sometimes you are the buyer when someone already bought it at much lesser price in the past and now whose selling to you!

And this was the start of story where NFTs took best turn of their life. I think few things are getting popular because of the trade histories now a days. Peeps saw big potential in NFT because of this specific news of JPG art getting sold at 69 mln.

Moreover, this started the era of NFT and lot of artist started getting into the race. Big platforms were Made and being launched even today to copy right your artwork in the form of NFT.

I think, though it’s a fake news, the results were astounding. I see this as win-win situation. 

Roobet Username: so98nn

First I thought it’s amazing idea and peeps will love it. But as I went on reading the posts above it seems it’s far more complicated than I thought. I think it’s best if everyone choose their way with this. And yes this will surely need big infrastructure to be built so that peeps can deposit the pay check. Above all I am wondering how coin base will manage those pay check verification in manual context? Someone will be needed right? I think this is more or less setting up a bank. Lolz. 
I think coinbase is into winning the hearts of peeps and crypto lovers will be pulled in no time. Hopefully this will bring actual utility to the market.

Its good to see that Elon is supporting the crypto at right time. I am sure this news will also get the attention of various politicians who has great connections with Elon for funding purpose. I mean his a billionaire and these are very common things with the rich peeps to have such relations.

Now, connect this with the Elon's investment in bitcoin and doge(?), which gives the ample clue that he is protecting his own assets. If this is the case then slowly the political pressure will build in this case scenario. Since its Elon's money and ultimately it's their money too!  

Also, I would like to think that there is no relation between China's ban and USA regulating the crypto. Not even close I guess.

It’s funny how governments work around the clock and still fails to accommodate the typical economic cycle. I’m wondering how country like US can go in debt if most of the income is from Home production and worth to note that they are the biggest supplier of biological products to high end machine and what not. They should be one giving out the loans and not borrowing to overcome their own situation.

Is it has got to do anything with money being spend on the crypto and taxes are not being filed? Could crypto be that effective to make the economic situation worst like this?

If the above all assumptions are true then we do not need to worry about limited supply or quadrillion supply because in both the cases the price per unit will matter a lot.

I mean peeps say that one day 1 sat may cost you thousand bucks but the question is what if I only need to spend few dollars ? How would I send my money since there is no further division to 1 satoshi? (Or is there any!)

About the quadrillion supply, that’s huge but it’s useless because no body believe in the meme coins and mostly used for pump and dump trading tbh. So don’t even include that in the discussion. 

There is one other angle for this matter. Well if you are going to buy the old miners then you will have to consider that they gonna pull lot of energy from the grid and will cost you more money on the maintainability. The older they get the more you need to maintain them that’s for sure. Moreover, you can only profit when you are able to reduce the electricity on these miners. This is obviously true for new miners and old miners. But for older one you will have to work on the hash rates and which is profitable coin.

If you are just able to overcome the electricity issue by some means then you go for older miners. Otherwise its advisable to invest more on newer and high end miners.

Then this has to be most costly business and expenses are off the chart if not done with careful techniques. I still believe that trading is something which needs extensive knowledge of reading the charts, forecasting the project/companies fate based on technical and fundamental analysis. Considering it business is no bad strategy I am sure. But considering your loss as your expenses is bad idea. This way we can not understand the trading patterns, rather we would be following the rage of gaining our “expenses” back and not reaching the break even point. I think learning to trade is simple formula.

The word would have never been without physical currency because since the ages human has traded physical stuff to get something. Stone, chips, food, ornaments, axes and what not. Slowly things changed to more authentic stuff like gold coins and bars, and then paper bills, bonds in today’s world. Then we moved to digital payment systems which is widely used and help us trade internationally!!

I think birth of blockchain and crypto currencies based on it is the next level of transaction. So this change has always been there and acceptance of it depends entirely on the global acquisition.

I am not sure why everyone is so concerned about the verification. It’s basic rule of financial system, if you want to use it you need to play by their rules. They are here to do business and we are the clients so now and then we have to follow few KYC steps to be in their rule book. I am pretty sure there is no harm in doing this one.

Also as mentioned by couple of guys above it’s around 0.06 BTC per day limit you do it or don’t do it so it’s very simple task and logic whether to do it or not.

In my opinion all the data is safe with binance if we have our account set up for extra authentication. If that concerns everyone!

Whether the SUEX is based out of Russia, China or who knows made by nerd in his back trunk, the big point here it’s Online. It’s through the Internet which can be masked if you are smart enough and wander the world anonymously. I think US will have no regulation upon this matter if it’s over the Internet. We saw that, US will fear before they could take down the bitcoin or crypto space because they know in today’s word most of the income is made over the Internet and it’s rising at alarming rate.

So if they are not able to take down the home mysteries then how would they go in another country and do it.

This is first time I am making such thread or being active in this section.
Currently I am watching a person with multiple accounts and spreading spam regarding project name PEGASV.

If you just open up your bitcointalk home page then you will see these threads all over. With same content and name.



There are more accounts with altered name who has started posting the same.

More. . .
Pegasises4 - https://bitcointalk.org/index.php?action=profile;u=3384735

Altered user name : bipegas2
Link: https://bitcointalk.org/index.php?topic=5362126.msg57955451;boardseen#new


If any moderator is looking after this then please follow the above links for the spam threads.

It does not matter if china bans or unbans the crypto because we have learnt one important thing since fe years! :- It does not affect bitcoin/crypto space at all. What will happen max to max? Bitcoin and rest of the crypto will crash because Chinese will be selling their assets so that they save themselves from Dictatorial Government! So this will go on lets say for few months to a year so that all the selling orders will be fulfilled by rest of the world.

Then what? Everyone will forget it, bitcoin will be on flat sale! Billionaires from the globe will jump in, after couple of years halving will occur and this will bring more and more value to bitcoin.

We will see glorious day where BTC will be equal to triple than what it is today! We will thank China on that day for banning it. 

Oh sure until the time comes when Government will be able to listen every house, every corner of the worlds and keep track on us through Alexa and Google, pods and what not. Lolz.

Well that’s entirely different angle to this topic so I won’t be going in depth.

Well for the AI blockchain I am no expert. But as it’s customer I would expect it to be far more practical than the current chain. It must reduce the transaction wait time and bring the fees way to down. I’m sure this will help the projects to bloom a lot. This may also bring more goodness to those projects which needs live actions. Ex. CC applications which upon swipe should make transaction immediately.

If AI is offering this and other problems are overcome then sure I’m one happy customer of it.

Yeah this is good piece of advice actually. On the contrary it’s better to either option to use it or you just forget about it completely. Stop loss is life saver in many situations but peeps don’t make use of it in correct way. What I mean is, they will always think they can gain the profit again if the trade has stopped at loss. This means they will re-buy the asset immediately and in the hyper mood. That’s ain’t right and that’s not perfect use of stop loss. The method is used in the first place so that we can control ourselves from overtrading and also controlling the losses. But anyways it always goes to the South Pole. Lolz

Pray to the God, and start explaining.  
I know how it feels when they laugh on us while we are explaining. So best way I have stopped doing so and continue to earn, invest, trade my coins all the time. I always keep the crypto space for myself for this very reason. I have tried them to convince to invest, start mining with me, open up crypto based store and what not but they never agreed upon it. They lost the chance or what we call it as train to invest. So be it.

Why do we need more chaos if we can’t handle the current one. 
The betterment is the key for success of anything. In this case we need the betterment of ETH chain and success will follow in terms of its fees, gas required to make the transaction. Since ETH 2.0 is on the way let’s brace ourselves for the goodness of faster transactions. Not sure how much advanced they have made it but I suppose it’s subjective and can only be known after testing it.

Before getting into trading I would first see how much control I have on my emotions and second best thing I will do is, I will calculate how much loss I can bear! Because these are the things which are primary concerns when you enter into the market. The trading is big well where you don’t know where the base is actually. I’m always concerned about the money I throw in because one single mistake of taking it out at wrong time could make us loose everything. So think many times before we invest.