|
2x - Bitcoin Penny® Mini Physicals DIY Short Roll (x20 Coins) .007 BTC
20x - Air-Tite™ Protective Case w/ White Foam Ring — .0001 BTC (for Bitcoin Penny® Mini Physicals DIY)
Should I send the payment now? or wait for the PM? Thank you bitcoinpenny!!!
|
|
|
|
Microeconomics is actually the life blood upon which many countries survive at the moment. All the countries have to look towards creating more entrepreneurs and thereby create more jobs. This will create base upon which economy will be driven as we see many big firms laying off their staffs. Creation of more entrepreneurs who goes into small and medium scale businesses will help the economies post pandemic.
I say yes to more entrepreneurs. As we are going to face a new normal after this pandemic we will be seeing a different kind of approach when dealing with others, individual/business, thus this will create more 3rd party services. Just for example the food/shop deliveries, I think many of us will still be scared even the world announces that there are no virus left, most of people will just order online or get through food delivery, this will boost the number of jobs including crews and driver. I started seeing small business opening now, which might give a good shot in post pandemic. |
|
|
|
Do you thing lighting network And segwit can solve bitcoin high fees problem ?? No can’t.
I never said they could... Ideall the development of lightning network can really solve the high transaction fee problem, why? Transaction fees are generated computation on how the blockchain is being use, if it is under heavy use or the blocks are congested it will definitely raises the transaction fees, I'd like to call it competitive fees. So if Lightning network goes live all throughout, transaction will become faster that will result to fast and smoother transaction and will finally generate lower fees. No stoplight for heavy loaded transaction sizes. You cannot deny that the capacity of the network has increased significantly from the past. Segwit has made transactions smaller and increased the theoretical total transactions per block. Lightning network has allowed for 2nd layer transactions. It has by no means stopped the high fees problem; adoption rate is way too low and its no silver bullet either.
As of now, the fee is approx. ~60 satoshi/byte for a reasonable timeframe which gives the total transaction fee of a normal transaction to be $0.50. Isn't that cheaper than a lot of the payment processors?
No, I think it's higher than that. I experienced depositing bitcoin to binance, basically the total includes the transaction fee so you'll know how much it worth when the exchange finally received it. I sent $20 for a quick future trade but then I only got $16.XX in my account. That's almost 1/5 of the fund that I sent, just look how bizarre the fees these days. |
|
|
|
Very hard if you not DT member or their friend to accept in signature campaign weekly payment, I check many the same people always accept in signature weekly payment campaign, how many time you try to join you will not qualify for joining signature campaign weekly payment, but don't worry you will accept next day when signature yobit campaign open.
Your posting quality is not good at all, it's a one liner classic reply. Apply in every campaign and no one will accept you. Start improving your posting quality and I am sure you will be accepted when you apply to a campaign.  |
|
|
|
ICO, IEO, Crowdfunding and whatever everyone said about a raising money attempt.
Maybe OP was not aware of these kind of crowdfunding or fundraising projects. They all same, they focus on raising money from the projects they offer. The different only the method they are using for raising money, as long on cryptocurrency always have some improvement, new idea and etc about the development of blockchain. There will be always a project who conduct all of the method of raising money for their project.
@Ryzaadit is right, these are all the same (mostly) coz it targets to fund a project but it has also uncertainty like any initial project but what IEO can promise is the return of investment at what rate? we don't know it still depends on the success of the project, if the project gets highly recognized and supported the higher the return however it could also turn into a cruel fate if its not. And I doubt there will be new projects, what I mean with new is an innovative one, non-existing project as of now. The golden era of crypto projects has ended ( 2016 - 2017) who's agree with me? |
|
|
|
Economy will simply flourish. GDP will grow a lot. Countries that will regulate crypto to much will not see this GDP growth and cry latter.
Oh wow, care to elaborate this opinion? How crypto will positively affect GDP growth? Most people on the world have no access to banks. and this banks will be automated. Those that have they get paid weeks or months after deal is done. With Bitcoin you can use your coins the same hour. All digital asset will get tokenised to prevent piracy. Much more that I could not think of. I think we should all think of this stuff when there are already company that is paying their workers with bitcoin because the idea is not really possible. It's like suggesting the government to be fully decentralized, and that would be a fool idea if you let your people out of your control. Moreover, it will be hard to sustain the financial capability of a nation when something like this happened. And having that kind of society is risky as there are more prone to hacking, that idea just makes the hacking more interesting for many people. |
|
|
|
I'm pretty sure that even now, the economy of the US isn't the same already. Let's not even mention the effects oof Covid, even before it happened, the US economy was already showing signs of destroying itself. The Covid effects only served to hasten it imo. Let's not even mention how Trump's movements are to say the least, very inefficient. The world is changing in a fast pace right now since this is the time where you could see business come and go quickly. If we take into account the economy of the US, you could possibly see a huge impact on the current business momentum of a lot of small businesses, even big companies may be hit quite largely.
This is a test on how developed the economy of America is, few years ago, they keep on telling that the economy of America is a vague subject for a downfall coz it is developed but what that "developed" really means? coz if you compare America's economy with other poor nations we can totally say that it is more developed but I hope they don't put other's economic status as the basis on their so called "developed" coz the pandemic is unmasking it right now. Even if 2008 comes again - the way out of it will be as brilliant as it was in those days. A huge problem of the market is a bubble system of derivatives and other synthetics that already exceeds the money supply a couple of times. I think that if there wiil be a "new 2008" it is more good than bad. It's time to dump this ballast and money out of the air that too adventurous but not very smart guys are trying (and some manage) to get out of the air.
That's already looking at it from an optimistic side. imo, even if it had the same similar effect as 2008, the negative effects it could still bring would most probably be huge. That is what most likely to happen to America right now, the America is on verge of the recession and if that happens China will take most of its world status. |
|
|
|
It will also negatively affect crypto like other financial markets. The problem lies in money. When the pandemic comes and the economic crisis will come later, we humans must flee to preserve capital first. at that time no one would care about bitcoin, because it did not bring real value to society so it was just a tool to manipulate the whale.
I can understand how you see things current happening is because of the word I highlighted. You think bitcoin can only be manipulated by the whales, maybe you are right but this market has improve and has progress already. Even in stocks there are people who manipulate, our market is just worst and that is the reason why we see some big pump and dump or the high market volatility, but together if people will adopt with it, it will make this market stronger and the manipulators power will decrease. I don't think whales would want to be behind the smaller ones. The power of whales to manipulate the prices is on different level now, I don't think they are losing with the market volatility right now. The progress of the market that you are saying is not seen with the price but on its application on the real world, just for example the pandemic that we are having right now, we could take this as an advantage to promote the non-contact transaction with cryptocurrencies which might be an eye opener for those who still believe that crypto is a scam. everyone will get cash and will no longer care about the coins. Remember, if the economy is good, then decentralized markets can thrive.
Or the decentralized market could also grow if the economy will struggle as our economy is based on a centralized system where our government could be corrupting it, printing money that will only make the future of fiat look bad. I believe that decentralized market is designed inversely with the centralized market, not just it is created for hidden identity transactions. Thus, the struggling centralize economy has shown good effects with the decentralized one. |
|
|
|
The adoption of cryptocurrency is growing worldwide and Africa sticks out as the continent is showing lots of interest in it. Crisis is looming in many economies and cryptocurrency offers an alternative for individuals looking to hedge their funds, or an investment venture.
Africa as a continent has long been talked about as one of the markets that has tremendous potential in terms of various market expansions, and one of them is certainly cryptocurrency. Certainly one of the biggest drawbacks is that the internet is still inaccessible to almost 50% of the population, which definitely puts them at a disadvantage with the rest of the world. as cryptocurrency is highly dependent on the internet, Africa seems to be ineligible to receive massive help of cryptocurrency which as what you have said this could be the biggest drawback for them. I think the world's most inaccessible people in the internet is Africa with over 50% of their population does not even know how it works. What I love to see is how africans are doing with cryptocurrency even they have a major problems in touching with crypto. With a teeming youthful population, 60% of the continent below 25, gradual growth in digitalization and developing economies, Africa has a plenty of potential to become a major driver of cryptocurrency adoption.
This is the biggest advantage of Africa, after all - while Europe and a good part of the world have a growing percentage of the elderly population, the situation there is completely reversed. However, Africa is known for very cruel political regimes and a very high rate of bribery and corruption, which is a major obstacle to the development of societies there. Some actually want it to stay that way, because it is much easier to rule people who are uneducated, and completely dependent on their governments, whatever they may be. Yet much of the responsibility for Africa as it stands today lies with many countries around the world, from colonial times and the slave trade, to today's perception of Africa as a landfill for hazardous waste or a testing ground for the pharmaceutical industry. If the world's attitude towards Africa changed, then positive changes would come quickly - but some will try to delay it as much as possible. I recently saw a video about mobile solar kiosks for charging mobile phones which is also a internet hot spot, a great project that is spreading to many African countries. In addition to providing much-needed services to the population, it also enables job creation and helps reduce poverty rates. So the real problem is rooted from the very start, that is why the progress of the civilization in Africa is so slow. On top of those challenges, there is the cruel government who thinks that their citizen is all fool and uneducated. Just a big fact for Africa, this continent could be the last resort of us when the world falls down as they have the 30% mineral resources found in their wide desserts. Cryptocurrencies might give birth to a new job possibilities for all people, this is what the Africa needs to have to ease the poverty. |
|
|
|
Here are some of the benefits of banking in life; - As an investment model, which means, derivative transactions can be used as an investment model. Although in general it is a type of short-term investment (yield enhancement).
- As a way of hedging, which means, derivative transactions can function as a way to eliminate risk by hedging, or also known as risk management.
- Price information, which means, derivative transactions can function as a means of finding or providing information about prices of certain commodity goods in the future (price discovery).
- Speculative function, which means, derivative transactions can provide opportunities for speculation (luck) on changes in the market value of the derivative transactions themselves.
- The production management function runs well and efficiently, which means, derivative transactions can provide an overview of the production management of a producer in assessing future market demand and needs.
source: wikipedia/Bankit's possible (life without a bank) but there must be a better replacement system. I am sure that in the future Blockchain technology will replace the current banking system but it takes a long time (my prediction in 50 - 100 years) The pros and cons of living without a bank will always be there. The replacement system needed is a change in the function of the bank itself from "margin oriented" which provides interest from loans and deposits to institutions that are "service-oriented". The goal is only one so that money truly revolves in the real sector instead of settling so that the main function of money as an economic lubricant is truly achieved. Living without a bank with pure cryptocurrency is a just a dream. The purpose of cryptocurrencies was clear in the very beginning, it is to be an alternative for fiat when there are some implications on using it and not really to replaced it, not even to eradicate the banks. What these banks could do is to make an adaption to blockchain technology for better financial system, not to make the whole financial system decentralized. Banking is good but banks are evil. What's wrong is not banking services but the banking system that causes the illusion of debt and money cannot effectively rotate the economy because it accumulates in deposits.
I must agree, this is also most of us in here don't trust the banks. We always see our money in the bank books or any sources but our money is not really there. Reminds of this old joke, " We trust banks to take care of our money, yet their pens are being tied on their table"  |
|
|
|
If you're an entrepreneur in the house, which crypto idea do you feel we could explore, develop and innovate on that'll surpass the businesses already existing in the industry?
Well, let me allow you to think and comment on this important discussion. Being an entrepreneur needs a new product that is trendy and unique but it seems like that we have only selected ideas of cryptocurrency to integrate with it. If I'm an entrepreneur I'd like to open an online store, and I want to sell essential needs to take advantage of the situation right now since most of us are under quarantine period, most of us can barely go outside so opening an online store with door to door delivery is a great idea. Where's the idea of crypto with it? - I'll just basically add a payment option for known cryptocurrency especially bitcoin and ethereum. Coins such as XRP, LTC, BCH will also do. |
|
|
|
Chill guys, no need to attack the OP. Maybe he is just theorizing about it. Although we really don't have any information regarding the creator of Bitcoin, I don't think Satoshi dying will have any impact on Bitcoin as we really don't know who he is so there's no way the world would know. Even if he is already gone, he left us something that the world could use.
Honestly I won't blame them, who attacked the OP for his post because it is really a silly idea of him that made them criticize in a harsh way. Obviously, first of all no one knows who is Satoshi Nakamoto. Second, no one knows his whereabouts. Lastly, no one knows if he is dead or alive. So asking or theorizing about him is an old discussion to be made, plus the fact that OP relates Satoshi Nakamoto on the ongoing Pandemic is such a clueless thought. I found this thread not that interesting or relevant at all. Though to be honest, it's really not important at this point because he already did what he wanted. Let's just give him a rest.
We already have hundred of threads theorizing about Satoshi, OP should have looked on those discussion so he could think of a new and relevant assumption about Satoshi. |
|
|
|
|
These assumption needs to be proved by a concrete data, not just a simple google search " how many bitcoins were lost in the past 10 years " coz it is really confusing and bugging at the same time.
There are many words that we can relate with " LOST " here it can be stolen, forgotten (private keys, password, seed phrases) and wrong sent.
Also inactive bitcoins on several wallet addresses is unsafe to assume that is 'lost', remember the bitcoins that has been move a couple of days ago from early blocks mined?
Calling it burned coins is a silly idea since you don't have any reference. So It's better if you try to find any that is related to your claims.
|
|
|
|
celebrity ? i though celebrity means actor and actreses or maybe he is also an actress ? many actors and actreses were already involved on btc but this is my first time to witness an athlete that invest in btc.
What does 'celebrity' means is a famous person or has a wide public recognition ( so this must be a person or a group ) it's not just an actress or an actor that you see on television. Christie is a professional soccer player (defender) in America and an Olympic gold medalist, that's why the public knows her and we can reference to her as a celebrity. There are only few public figure that is broadcasting their involvement with bitcoin due to some security purposes, on Christie's case BinanceAmerica is on her part and they know how to do advertising. still nice to hear that . also nicer because she herself have talk and recomend btc to her fans while before other celebrities dont do this but they just only invest for thier selves , thats okay too so that people wont blame them if ever that people do something wrong with thier btc's
If I'm a celebrity that has millions of followers, I would recommend bitcoin at their own risk coz it's difficult to promote uncertainty and I just might be called a scammer once bitcoin plummeted to the ground. It's okay to promote but to a certain boundaries. |
|
|
|
If the bitcoin network "clearly shows" Satoshis transactions then we know what wallet belongs to him -_- Which we do not. So what are you talking about? I don't think you understand what you are saying. 500 btc is not going to drop the price by thousands. Do you even know how much bitcoin moves everyday? It's known that he may have a million BTC in his possession. The bitcoin network clearly showed that if satoshi makes transactions the price drops. Even if he is not satoshi, big transactions from old generated blocks is creating a trouble in the market. If satoshi sells 500 BTC price may drop 2-3k dollars. So he is not that rich, isn't he?  Lol, i can't agree more... If a huge bag of bitcoin is released into the market, we will surely experience a huge downtrend, i don't know if I'm to believe that is due to the current bear market condition or bitcoin isn't having much liquidity as it seems. It is a sure fact that if he decided to liquidate all his holding today, he might just be able to realize something more than half the supposed worth of his holding which surely shows that he isn't as rich as he seems More crap? What the hell down trend are you talking about? The market is not a bear one. Not for bitcoin anyway. Check the charts. Liquidity? Lol you really just using words you do not understand now. So you just think he is not that rich because the OP says so? Mkay... It can trigger a downtrend if satoshi is gong to dump some of his bitcoin. In theory satoshi owns at least a million of bitcoin and if the market dump at least 500$ we all know that it will cause a panic to the whales and can lead to downtrend, of vise versa, if the bitcoin dump that hard maybe the other whales are going the buy it and make an upward trend. Satoshi is the creator of bitcoin so I think he is holding at least a million. But all of this will be invalidated if satoshi sells his bitcoin in the past. As long satoshi is not selling a huge amount of bitcoin then, we are all fine. |
|
|
|
I already sent you a message sir, looking forward on working with you guys  |
|
|
|
how about being impatient?
Maybe it would go under not prepared since most of those people that are impatient do not know what to do in time they are waiting for their investments to grow. Another thing with being a follower is that you learn things from people but it depends on how you will be using that skill or knowledge you've learned.
Being impatient should be an innate trait when you want to trade, I too am an aspiring trader, though I do not trade yet, I am doing my research to learn as much as I can until I saved up enough funds for trading, I can agree with being a newbie trader, you should follow and find a mentor, but do not just follow to the point that you become a sycophant, use your common sense (another innate trait), the decision always end with you and not with other people. I really this kind of testimonial threads, they help me watch out for mistakes that I could've missed and I am grateful that people are sharing their mistakes and success, both people are equally inspiring. But I think it is a mistake by traders. If you really know what you are doing, you will never rush things, you will never be impatient with your investments, with your trades since sudden decisions mostly fruits to mistakes. That is why we should be really aware of that. Being impatient will go to emotion as general. Emotion are the one that is making our trading plan go to shit. Personally, it is always happening to me when the price go dump I will immediately sell my holdings because of my emotion even though my plan is not that and after that dump the price is going to pump and will reach my expected price. By telling that story we should always remember that go with our stop loss and don't be greedy and set a take profit. If you are taking profit make sure you set it in at least 5 levels. so if the coin you are holding reach at least 3 and dump you, at least you are gonna have some profit. back to the topic, if you can handle your emotion then, I am positive that you can trade well. |
|
|
|
|
Dead or alive it does not really matter, as long as our bitcoin creator are not going to dump all his coin in one transaction then it does not really matter. If you are going to analyze the market you cannot see that satoshi is dumping any of his coin in large quantity or maybe he dump it long time ago. If that is the case there's no way bitcoin is going to collapse since the distribution of the coin is really good right now.
And it maybe contradicting to my 1st statement but as bitcoin develop on it's own right now, I think satoshi will just going to be a normal whale and even though he sell his coins it's not going to create a huge impact to the market.
|
|
|
|
Depends on individual preferences, but if you are going to look at the math behind and the chance then it's going to be complicated and I don't think that gamblers are willing to look at it. In the long run you can get busted easily regardless of how much capital you have and how much x% you are targeting.
So you are neither right or wrong, others might have some strategy when they play dice but sooner or later house edge will catch up.
Both are just a based on luck and doesn't need any logical reasoning or what. The winning chance of slot to dice are the same and I think the only thing that matters here are what on those two are giving you more entertainment and what on those two games did you really enjoy. Sometimes we are feeling that the other game is better if we got more lucky on that game. But as long as they are games that are based on luck and doesn't really need any skill then, they are just all the same. If you enjoy slots rather than dice then, Slots are better than dice (for you). |
|
|
|
|
Show Posts
