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81  Economy / Economics / Re: Permanent inflation or "just temporary" on: October 27, 2021, 09:11:15 AM
A few leaders of OCDE countries are speaking wishfully about inflation, stating that this is just "a temporary peak". However this may or may not be the case. Even the people with best information (CEOs of large companies and perhaps some ministers) are unclear about how long do we have to endure inflation.

My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
Inflation is just a natural result of the economic policies pursued by central governments in most countries of the world. When it comes to inflation, I don't really think that it is just a temporary since after experiencing such situation, yes, we may be experiencing calm but sooner or later, inflation could be a topic again. But, in terms of food, and essential products inflation could be just temporary. However,  inflation maybe temporary or not will still have an impact and this is quite very serious thing when it happen, all we just need to do is to plan for us to survive.
82  Economy / Trading Discussion / Re: Are we coming to the 5th wave? on: October 27, 2021, 01:56:40 AM
Alessio Rastani is one of the Elliot Wave (EV) Acholits and on his last video, the guy is saying that from the perspective of EV theory the big picture says we are coming to a 5th wave. I don't have any opinion on this, but from what the guy says the 5th wave is the point where the bear market is longer and deeper than the other Waves. According to him, this means bad news for bitcoin. I'm no expert in EV theory but the truth is that there are a lot of guys making accurate predictions using EV. What do you guys think about what this guy says?

I tend to agree and it has to make sense. Yes, it could be pure speculation. There are always chances that we will be on a bear market very soon. Apparently, this moment is not far off. Although now, there is no certainty about anything, the situation can change quite often. We are really about to meet bear market soon and that's for sure. However, one thing that I've learned with bitcoins market, even how accurate your predictions and analysis are but, sometimes you'll go wrong with it.
83  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Where to find the market cap of a token on: October 26, 2021, 11:11:30 PM
I know that on CoinMarketCap you can find the total capitalization of a coin/token, but often this kind of data is not available because, maybe, the project is too little or, in the worst-case scenario, the project doesn't want this data to be visible (sometimes they use "self-declared" information about the market cap).


Does exist a website/explorer that could directly provide this information?


Another solution I was thinking about was to calculate the market cap by myself using blockchain explorers like Bscscan, the idea is to check the circulating supply that the explorer detects and confront it with the price shown on CMC (even better if directly checked on Pancakeswap) and do the math.


Could this be an acceptable solution to have, at least, an estimate of total capitalization?
Market cap is only the price, as what I know. In crypto, market cap is calculated by multiplying the total number of coins that have been mined by the price of a single coin at any given time. Market capitalisation is an indicator that measures and keeps track of the market value of a cryptocurrency. I think that's it, I'm not that sure.
84  Bitcoin / Bitcoin Discussion / Re: Bitcoin will bring the chaos what the world need. on: October 26, 2021, 03:17:28 PM

Its not very easy to understand bitcoin at the beginning, it takes time but now with all things happenned in the world it makes sense, i discover bitcoin in july 2017 i had a feeling, this thing is special i have to buy it because i felt in my guts its like nothing else in the world but i didnt understand very much at the beginning its normal its new to me but i have to educate myself more for the best with the right people online and i enjoyed alot.

After education thats my conclusion.

When u understand money and how the system works u cant price bitcoin its impossible its just a overtime value until the actuel monetary system show limits and the corona crysis has shows the limits faster than ever will show to the world why bitcoin matters than ever and the masses will understand it easier and faster than before.

It is an idea of better energy distribution.

U cant have unlimited growth in the world in a finished world its impossible and thats all the system is about.

I dont know who is Satoshi nobody knows he is of course the greatest genius in the human history if u can call it like that.

He will proove one thing money worth nothing and decentralised systeme is the futur between humans exchanges is inevitable, he has show a better way a smarter way to trades between indivudials in the right direction.

Why bitcoin wil succeed? Humanity needs to know how the world will be after,human nature is thus made and thats why we are what we are now.

Its alot more about money its the deepest thing ever in our society and i it will emmerge like a evidence.

We will live the most biggest revolution of our times.

The Bitcoin revolution is the answer for a paradigm shift in chaos.

The answer is Bitcoin.



Be ready. Wink

Bitcoin is not the one who brings chaos to the world, but rather the fiat that is backed by the government, in which the government started all the chaos on how they motivated people's minds towards bitcoin. The government only focus on the things they can fully control and that's what chaos is. Bitcoin didn't bring chaos in this chaotic world but instead, it offers a lot of opportunities for people to make money from a new source. But, it will also depend on how people use their bitcoins, it's either they will use this as their source of income or in other things. And so far, bitcoin is bringing order in this chaos because some people have found bitcoin a solution for their personal financial challenges and obstacles.
85  Bitcoin / Bitcoin Discussion / Re: Do you believe BTC can be attacked? on: October 26, 2021, 01:59:29 PM
I just remembered the poly network heist, one of the biggest heist in the history.

Is there also a possibility BTC can be hacked?
If it is, I bet every currency will start to declined.
How safety BTC security for you?

Want to know veterans answers.  Undecided


Everything is possible especially if they will think lots of ways to attack on bitcoin. But, as far as I know, bitcoin didn't experience being hacked yet since they have made very strong security. But, I think can steal our assets in various ways maybe a form of fraud that is similar to Bitcoin wallet address so that they can steal the assets of anyone. But, bitcoin lasted a decade and look at how bitcoin always improve and increase it's price. For sure lots have tried on making out some exploit in terms of security but they failed to do so because of it's very strong security system. So I could say bitcoin network is more secure compare to those altcoin network.
86  Economy / Trading Discussion / Re: How to understand the market in advance on: October 26, 2021, 09:05:00 AM
As a new trader in crypto world, you need to understand a few things that will help you speculate the next day's movement of the market. You can learn or gain even little knowledge when you start researching and study the charts. Also bear in minds that you can't predict your moves. It's never a 100%accuracy that's why you need to be updated wth news, monitor the movement of crypto (daily, monthly and yearly). Always keep yourself updated everytime and always trust yourself.
87  Bitcoin / Bitcoin Discussion / Re: Going public saying you own Bitcoin is not safe anymore on: October 26, 2021, 05:15:22 AM
Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champions.

Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies.

That's why I don't like anyone to know I'm in the Crypto business.
This is true. Don't be too confident to share it to other's especially if you don't totally know them because we don't know if what will be playing on their minds after knowing we own bitcoin. It is too dangerous to narrate to people that you are involved in crypto industry. It's better to not show unto them for you to not receive threats like you said. As much as possible it's better to not expose ownership. However, social media was too popular right now that's why we can't just ignore it, as we can see most of the people who hold bitcoin are too proud to tell the whole world that they own even just a little. They must be careful because evil acts might always monitor them from all direction that they are not aware of.
88  Economy / Economics / Re: When you sell is no longer "yours" on: October 25, 2021, 10:28:03 PM
This may seem very obvious, but some people do not seem to clearly understand what selling means. For example, I know a few people for a mid-size village that, during a housing boom, sold quite a bit of land to developers and made a development plan that was pretty much crazy (high rise on small streets, minimal walkways, no space for public services, ...). They were very happy about getting the money. Now, all I hear is complaints about how many disgusting people that are not born there came to live to "their village".

When you sell, is no longer yours. When you sell your bitcoin for more than you paid, you may be happy about it, but unless you have an investment to make or would like to buy something else, all you have left is... fiat. And fiat finds its way out of pockets very quickly.
It is obvious already that when you sell your bitcoin, it will no longer yours. You've decided to sell it, so, you don't need to regret something after doing that thing. We should be ready for anything after we sold our bitcoins. Selling isn't a bad things, in fact, we can gain profit through this. In fact, that's the point of selling, you're giving it away to someone through a trade of goods and services or something else, that's how selling works. That's the reality, sometimes after selling bitcoins, you will regret it when you see prices of bitcoins are increasing but it isn't bad yet since you sell it for your own good and with a good reason.
89  Bitcoin / Bitcoin Discussion / Re: Do you spend your Bitcoin? on: October 25, 2021, 08:59:21 AM
Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?
I think it's up to the owner if they will hold or spend their bitcoin. If there's no reason for you to spend then it's better for you to hold it. It's very important that you have the plan on what to do especially if there's something bad happen because we can't tell. I spend my bitcoin to buy another cryptos. Sometimes I hold it because we know that bitcoin also experiences downfall. It is very important to have knowledge about it for us to know what to do.
90  Economy / Trading Discussion / Re: Weekend Trading, how do you feel about it? on: October 25, 2021, 06:18:28 AM
Hello friends happy weekend to you all.

What do you think about Saturday and Sunday trading Huh

Considering it with week days which do you see as profitable or they are just the same thing to you.

I like for us to share how we feel about these two trading times, if you make more profit more or loss more on any of week days or weekend trading.

As we know trading is just about how to make profit.
Trading during weekends I think is not good. I observe that every weekend cryptocurrencies experiences downfall that's why for me, it's not that good to trade but it's good to buy cryptocurrency I guess. And, I think many people will take a break during weekends since we need also to give some of our time to our family and such market do not move strongly as they do during weekdays and this means that for many traders this is a reason for them to take a break. It's okay to take a break sometimes and I think weekends are perfect moment to do so.
91  Bitcoin / Bitcoin Discussion / Re: What do you think will happen to the price when all the bitcoins are mined? on: October 24, 2021, 11:04:19 AM
The maximum number of bitcoins that can be issued is fixed.
Eighty percent of the coins have already been mined.
What do you think will happen to the price after all the bitcoins have been mined?
What do you think will happen to the price once all the bitcoins are mined, and how do you think bitcoin will affect the global economy?
If it happened that all bitcoins are mined, the price of bitcoins will surely be value 6 to 7 digits based on USD. If that will happen then there's no reason for us to hold our coins and surely all of us will gain profit. I believe that bitcoin will be more stable that we don't need to worry everything. But, it is very difficult to say it now since the time is very long. We can't say it now because it is not easy to predict what will gonna happen to the near future. If that happen, I am very sure that digital currency will be better major in the future.
92  Economy / Trading Discussion / Re: Learn more about trading on: October 24, 2021, 09:34:37 AM
What are some of the best ways to learn more about trading?

Reading and experiences are some of the best ways to learn more about trading. You can also gain an idea about trading in Google and YouTube as how I learn trading through this. But, researching also is the best way where you can see all of the potential coins for you to invest in. Focus also in reading forum trades for you to also learn. It's better also that you have a good strategy when you already decide to start trading.
93  Economy / Economics / Re: Simple reason why crypto is preferred over fiats on: October 24, 2021, 08:18:15 AM
That's because no single person or group of persons is or are in control of Cryptos, it's called Blockchain technology

It's a decentralised system meaning money sent or received from or to an account can be seen or monitored by everyone or anyone who wishes to

Unlike your normal bank that has CEO who decides how he wants to run his business, he can collaborate with the president to Syphon millions of dollars and no one will know about it

In the Crypto space, such is not possible because any amount that leaves your account can be monitored and traced by anybody at all

So stealing with Cryptos is almost not possible

And again, Cryptos rise/fall every second, but the chances of rising is higher

That's why Bitcoin of $10 today can turn $14 in 14days time but your $10 in the bank will reduce to $9 after bank charges

So a time will come when everyone wouldn't want to be cheated again by the banking system and would move to using Cryptos for Saving money and other transactions.
Definitely. Well, I also prefer cryptocurrency over fiat because cryptocurrencies have wonderful advantages differ from fiat money managed by central banks and governments. The simplest reason why cryptocurrency is preferred over fiat is that it is easier and safer, with crypto we don't need third party services such as banks so that all the money in the wallet is safe, cases of losing money in the bank are often heard and this is a strong reason that the need for money security is very important. Plus it gives us full control of our wealth rather than letting someone have the custody of our own assets.
94  Economy / Trading Discussion / Re: Just a piece of advice needed here folks on: October 24, 2021, 05:21:52 AM
Hello everyone, please I really would like how you folks get pull out in a project with huge or reasonably profit locked-in.

I started trading (long-term) for couple of years back now and since then i've been doing averagely okay on whatever altcoins project I put into. But what I seem to be lacking is when to actually get out at the right appropriate time.

At least, if not perfectly okay, a bit fairly okay.
Please my pull out strategy are quite poor, kindly help a soul out before it gets completely worst. 🙏

All ideas are welcome please.

Thank you all! 👍
I think you are lack of plan and goal. For you to secure everything, you need to have a plan, daily, weekly, monthly etc. If your plan didn't work and have a lose of streak continuously, I guess it's the time for you to change your plan or either your strategy. Know when to say enough is enough, take profit and start fresh with a new trade. But, I think your doing good overall. Since, you've said already that your doing averagely, I think it's just a matter of more experiences that you need to have. But, always remember that you need to be patient and think a possible scenario before making decision for you to avoid regretting this to the near future.
95  Bitcoin / Bitcoin Discussion / Re: One of the best coin Bitcoin on: October 24, 2021, 01:34:44 AM
In the world of online platforms, 80% of people are now involved in information and communication technology. Cryptocurrency is now the most popular of these different types of information and communication technology sites. Cryptocurrency is now in the best position. Bitcoin is one of the best cryptocurrency tokens. Which is now called the lifeblood of cryptocurrency. In addition to Bitcoin, there are some popular coins such as Ethereum. By 2025, cryptocurrency will be 80% inclined.No matter how low the price of Bitcoin, Bitcoin will remain popular.
Basically, you're right, Bitcoin is the number one and only successful cryptocurrency in the world. It is not being called as father of cryptocurrency without nothing cause Bitcoin is among the most highly traded cryptocurrencies, assuring liquidity to investors and typically, altcoins are higher risk investments when compared to Bitcoin, but they often provide higher returns in a bull market. And this is not as usual when the price of bitcoin rises then altcoins always follow suit. So it is natural that the popularity of Bitcoin is more increasing day by day
96  Economy / Economics / Re: Reality Check on Crypto on: October 23, 2021, 10:50:55 PM


Sometimes, this forum thinks that the rest of the world will flock to Bitcoin in droves because of its qualities.

Some people think that every potential user/investor will care about its decentralized features or its high value.

Well, it is not the case.

The people who go to BitcoinTalk are not the average investor: they are interested enough in crypto to make an account here.

It is not the posters you talk to, but the invisible lurkers who may be reading this very post.
Well, I am agree that most users are not ideological advocates and that if they came from first world countries they are more or less decently served by the modern financial system. But, I highly disagree some part that these people dislike price volatility. As a matter of fact, the volatility price itself brought them into crypto market. Maybe some of the people do not appreciate those qualities right now because they do not see the need, but ask people in countries where inflation is out of control and people are using bitcoin and other cryptocurrencies to protect themselves and we will see they appreciate the fact that it has a lot of importance to them.
97  Economy / Economics / Re: When you sell is no longer "yours" on: October 23, 2021, 07:58:42 PM
This may seem very obvious, but some people do not seem to clearly understand what selling means. For example, I know a few people for a mid-size village that, during a housing boom, sold quite a bit of land to developers and made a development plan that was pretty much crazy (high rise on small streets, minimal walkways, no space for public services, ...). They were very happy about getting the money. Now, all I hear is complaints about how many disgusting people that are not born there came to live to "their village".

When you sell, is no longer yours. When you sell your bitcoin for more than you paid, you may be happy about it, but unless you have an investment to make or would like to buy something else, all you have left is... fiat. And fiat finds its way out of pockets very quickly.
That was very true, that's why it is very important that you will think deeply before selling our precious bitcoins. It is very important also that we are ready for everything and have a plan when something happens. But, as of today, it feels like we need to hold first our bitcoin, since price is not that high for us to sell. If ever also, there's no emergency or anything, it's better for you to hold it. It is easy to spend rather then to save it, so be wise enough to think a possible scenarios before making a decision, you must think first what would be the possible effect on this. We must always remember that regret is always at the end of all things we did.
98  Economy / Trading Discussion / Re: Are trading platforms useful? on: October 23, 2021, 03:26:31 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
Im pretty sure it can possibly help newbies because all platform is useful as long as it is good to use. Most trading platforms provide the same thing, but, there's one thing you must also know, losing money in trading is unavoidable, it is a package where you will lose and earn at the same time. There maybe a lot of tutorials on YouTube but I guess you will understand everything once an expert will the one gives you an advice about it. Im not an expert but I guess, it's all about how fast you understand and cope up on trading to become profitable. You need to find a strategy that will be suits your style in trading.
99  Economy / Economics / Re: Ways to avoid being scammed!!! on: October 23, 2021, 09:26:00 AM
Many techniques are used by fraudsters to steal our money, the best thing to avoid scams is to store cryptocurrencies in exchanges that implement KYC and activate 2FA which will create a high level of security by activating Google authenticator, so all transactions that occur must be verified with the pin provided by Google .
Your idea was great. There are also some ways to avoid being scammed such as being vigilant. Scammers are always find new ways to steal your money using cryptocurrency. One sure sign of a scam is anyone who says you have to pay by cryptocurrency. That's why you need to be careful especially when you're having any transactions that you don't usually know or even do.
100  Bitcoin / Bitcoin Discussion / Re: How to explain Bitcoin to Newbies on: October 23, 2021, 01:09:59 AM
There's a friend about Bitcoin last 2 years who have no interest in it but I was surprised when he came to me last week to tell me what he need to know about Bitcoin. I asked him why the sudden change of heart, he told me about the testimony he hear from someone and how he would have made enough profit effortlessly.

He's still a newbie. My question is, is there a way or link for to explain Bitcoin to newbies?

Apart from the forum rules and regulations is there a thread on this forum that explains in detail the whole concept of crypto currency on this forum?
I think its good to explain them that Bitcoin is not that easy especially if you don't have enough knowledge about it, so, much better to read and study Bitcoin first before joining cryptocurrency. Must also tell them that you can't earn this without hardwork. Tell them also about the scams and how to avoid it, since it is very important and also about decentralized exchanges and about holding. Must tell them also to be patient in everything they did. There's a lot of websites that can possibly explain those newbies about Bitcoin further, that's why they need to have research skills.
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