Good to see Hong Kong returning with its new agenda regarding crypto. I don’t know why it’s really hidden gem but it is one of the friendly nation when it comes to the blockchain technology. If they are part of G20 then definitely it will also put big impact in decision making process of how crypto shall be reinvented as Future space to trade. Now since this news is all about fund raiser which is pretty high amount considering we talking about 100 million dollars, they are already directly involved with crypto projects and showing willingness to accept it on higher dimensions. Hope so they succeed in the given fund raiser and also make successful web3 developments.

I already sense many mistakes in that too. They jump in without proper knowledge. They would just watch few videos how peeps are making hundreds and thousands dollars overnight and get motivated with it to trade insane amount of money. Newbies actually learn when they lose high rolls and end up crying for their investments. Whether small or big is not question, but learning how to turn it into profit is real question. They won’t ask for help, they won’t look for articles neither any authentic source of trading skills. That’s the mistake they always do. I know there are hundreds of topics like these but they should kee coming so that we refresh the mistakes others make and learn from it.

Don’t underestimate the financial system and financial loop holes. They can flush back really hard if not managed properly. Managing the funds which are taken on the loans is not easy job. The main reason is you are tied with bank officially, your profile and social security number gets linked to every financial move that you make. Every time you miss an EMI or bounce any you can get punished in the form of bad CIBIL score. This in turn can make your defaulter and won’t be good in future perspective. So whether talented or not, one should not underestimate the financial frauds in the long run. Yes peeps do it, they take loans on low interest rate and spare them to other higher but once peeps start failing to repay it creates cascade of events making it hard to recover yourself. So be careful when it comes to managing funds.

That’s interesting question you asked GPT and answer was somewhat ok I guess. There are many implications to the thought process here. It mostly talked about how it could have under developed bitcoin and made it look not so cool thing or technology. I think if bitcoin was the only crypto then various government would have started making their digital asset based on that with hundred x more Speed than what we have today. Altcoins have enormous competition and it made the investments easier for everyone. This has vandalised government in creating rightful strategy to control whole crypto space but they failed every time. So definitely bitcoin would have stood out promptly when it would have been only the currency of crypto space.

First of all yes it does matter how much supply is there for a particular coin. Secondly, the reason why it is important lies in the basic formula of exchange that is demand and supply. It is but obvious that if circulating supply is very high then there would be no situation where we will have demand for that coin. If any High demands pops in then it would be simply diluted due to high and continue supply. This can over the time create an inflation like situation and thus make it harder for that coin to grow in terms of price per unit. I believe we should have Short supply and high demand will drive the projects success in no time.

Or may be he never measured it in fiat currency at all. He might just have tried it out how someone would react to bitcoin as mode of payment. He ended up exchanging it with the guy which means either the second person was knowledgeable enough to understand what it is and might have taken efforts to install the wallet or app available at that time and grab the opportunity to get those bitcoins.

They both literally done bitcoin exchange for the commodity and thus adding real value to the bitcoin. Just love it how they did it without even having greed for bitcoins fiat value. At that time no one really had an idea whether it will work or not?

That is an interesting technological change but it seems of zero use. If they really want to develop something new and unique then they should be developing the network scalability, something that will help gain high speed transaction along with better service oriented projects. Rest of the alts and NFT projects are just those repeated stuff all the time. Game companies are making their own in game tokens then naming them some NFT and valued at xxx and just keeping hype of it all the time. Now this ordinal thing which seems to be just some sort of tag on it really doesn’t make any difference. That’s gonna be waste of time for sure.

So how exactly this strategy will work anyways? Are you expecting that $1 every day will grow into something big some other day? I am not sure about the methodology behind this because it’s really tiny amount and seems to be hard to grow big in coming days. I don’t have doubt about the bitcoins growth but I believe the volatility is so high for bitcoin that it could not compete the growth ratio if taken in literal sense.

How about you increase the amount of investment and do it biweekly or something or at times when bitcoin hits the low. This will help you get a lower BEP and in long years it could just make you enough profits that you won’t regret.

I am sure critical thinking or logical reasoning is something that humans can do all the time and with high precision, however the same power of thinking is being used to create such AI programs. Now when it comes to AI they are coded with self learning algorithm. This means they have the capability to think, work on a problem and find a solution for it.

How much time did it take us to go from earth to moon? And then to the Mars and then to the deep space? With the available resources and human intelligence it took literally a Gods 1 day!

Similarly we are working very very fast on the AI development and in a decades time I am 100% sure they will replace almost everything in the labour to skilled industry.

I am using both of them. However I am keeping most of them on my android tbh. The reason is simple, I’m using iPhone for daily routine while the android on which I store bitcoins has got mycelium wallet. Now, thing is I only turn on the device when I need to trade those particular bitcoins and nothing can really hack into it. Since I’m keeping that device as plain as I could. For example, no installing of any sort of app, no internet surfing and all it has mycelium and it only connects when I have to use that app. This makes it even stronger. While I’m using iPhone everyday and might be downloading and surfing from unknown sites I’m keeping bitcoins away from it. However, I know one thing for sure as far as antimalware is considered, iPhone stands good chance.

Nah, you did not understand the math behind the market. Well if you are seeing Altcoins going up and down because of the bitcoin then you are seeing it in wrong way. The reason why they pump after bitcoin is pumped is because of the “BTC-ALT” pairing in the crypto trading market. The volume and the value both are interconnected. You are measuring the value in terms of bitcoin and you are trading Altcoins against bitcoin. This means if bitcoin is getting valued then ultimately alts will show their prices as hiked or pumped because that’s what bitcoin is valued at “proportionately”.

Depends on how everyone is using it in the long run. If you are just gonna expect that somehow you will get referrals and start earning big load of money then that’s really falsifying of system. I mean casino affiliate programs could make you rich in no time and that’s why they are hard with their rules. You need minimum wagering requirement from every referral until you can start earning anything from them. Plus it is hard to get good referral who is active, wagering enough amount everyday so as to get that spark commission into our accounts. As an individual it’s hard but big publisher and Website owners are doing this job since very long. Definitely worth trying it if you have SEO skills and Website to publish all the links.

Most recently there is rumour that ChatGPT is doing some magic all over the internet and it involves trading as well. I’m really not sure how successful the trading has gone so far for that sort of AI but I can see internet is buzzing with it. However, I’m really sad to see that trading has come down to such levels right now that we can’t even depend on human instinct and technical analysis when it comes to the trading. The first bot that I learnt about was grumpy bot which was created by someone in the forum itself. I’m not sure what happened to it but with the time it seems it’s outdated now. However, ML is highly advance but I don’t really admire its power to trade. It’s gonna create garbage everywhere one day.

This caught my eye more than anything else. There should be lessons about maintaining accounting books for ab individual as well and it should be taught way way early. I am pretty much sure this can change many things in a persons life. I believe this practice is already there in the developed countries like US and Europe? Not sure but looking at the movies and series they do teach kids on how to manage the expenses and everything. This can only benefit them to survive alone without any support.

Those who think they are doing just fine with the expense management could be very wrong. I have tried to do such savings over long period of time but it doesn’t work that way. Somehow you end up doing lot of expenses which are unwanted. There needs strict policies and you should be loyal with them to have long term savings. It helps.

Ah, I think I would not watch this video at all considering what’s been bombarded in the OP itself and also the responses later. This is nothing new in the crypto space because haters are there since the beginning of bitcoin and I have also seen how governments and news media are showing negative side of the bitcoin all the time. Like everything I keep reading about the bitcoin is always 50% lies and 50% not so sure articles. In the forum itself everyday so many articles are referred just this YouTube video where they are talking about negative side of bitcoin and it is not doing what is supposed to do. Apparently it seems such videos and articles are big conspiracies to take bitcoin down.

Interesting that Aerospace, defence and pharmaceuticals are at the bottom of chart. AI should have been proactive in those field considering they are life savers for us. Pharma gives you second chance of extended living, defence will defend you in the war zone while aerospace could be your second home. AI should be working more in that field a lot.

That being said, we should also be worried that AI is taking over our jobs so we must think about AI in slowest possible way. Do we really need them to enter in every field of work? We will have colony of labours everywhere while AI does the white collar job. Not sure how it is gonna pan out in next decade.

Well at some point you need a validator or at least middle entity so that ownership can be proven. Now obviously it was initially documented because that’s the most solid proof with all the stamps and agreements, along with lawyer as eye witness in many high class deals.

I don’t think there is any big change in the bitcoin technology. Per se blockchain is locker where all the important stuff is locked up forever while all the public computers are validators or lawyers or middle entities witnessing the data for validating. Proving that I own it or you own it.

Former is traditional and let’s consider blockchain as the modernise one.

It is safe to say that it’s not safe to keep Money in the bank accounts which are directly involved with the crypto space. The problem is not the bank neither is the crypto really but it’s foremost combination of both of them. Whenever a bank is connecting itself with a crypto then it calls for an attention from the government authorities. Obviously crypto is big space and it calls for huge amount transactions. Many times they are off the books and balance sheets aren’t prepared as per rules. This gives a chance to government authorities to pull a charge sheet against them and note that such banks or financial institutes always fail. That’s why it’s unsafe to keep money in such banks. But other traditional banks, I believe they are far more safer.

First of all very nice idea to create a website which has perfect keyword right now and most probably highly searched around the globe right now. Whoever made it was genius.

Secondly, all those Top 10 were not even close to be genius by keeping all those stablecoins over an exchanger. I am not sure if they were staking it or they just kept them in stable coins to avoid the market crashes but in both the cases they did a dumb mistake.

Perfect example of how to be rich person with no brain at all. Those guys must have had stroke after seeing everything going down the way.

I completely agree with the part where you said it’s all about the peeps we don’t trust. That one is right on the point. Yes, that’s the barrier and that’s what we don’t want when they are running a crypto exchanger. One thing about the crypto exchanger, it’s all the time flooded with lot of money. There is always a point when owner of these centralised exchanges would go nuts about the wealth they are looking at. There comes the point when partnerships are broken due to financial concerns and there is always a point when wealth comes by you have more rivals around. Who gets hampered with this? Well peeps like you and me who are here to just exchange our bitcoins and have that desirable value and stay happy. But no, they will always break the chain. That’s why it’s not needed.