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521  Economy / Trading Discussion / Re: Could exchanges leverage on the current market trend to woo new investors? on: December 10, 2023, 04:54:06 PM
I think this is an opportunity for exchanges to leverage and attract new users by dishing out beneficial events to users in order to further encourage mass adoption. Do you share the same sentiment or you have divergent opinion? Let's discuss.

I'm pretty sure most half-decent exchanges have promotional campaigns regardless if the market sentiment is bullish or bearish. The difference in bull markets is that they likely shell out more money due to the better r/r.
522  Bitcoin / Bitcoin Discussion / Re: Risk only what you can afford to lose on: December 10, 2023, 10:27:36 AM
There is no such thing as "100% safe" with hardware wallets or literally anything anyway. Everything has risk tradeoffs. All we can do is to make our coins as secure as possible, to the point that it's not 100% safe, but virtually almost impossible to break.
523  Economy / Trading Discussion / Re: Unknown fact our profitable colleagues won't tell us on: December 10, 2023, 06:35:28 AM
Topic: Unknown fact our profitable colleagues won't tell us

? ? ?

What kind of BuzzFeed-like title is this? You're technically not wrong, but let's not pretend that what you've written is not very common information that even non-profitable traders with half a brain already know.
524  Other / Beginners & Help / Re: I’m a newbie here on: December 10, 2023, 04:30:07 AM
Lots of information on the web. But here's my copypasta:


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
525  Economy / Trading Discussion / Re: Trading BTC leverage without paying funding on: December 10, 2023, 04:19:16 AM
It's possible, by trading against consensus(longing shorting depending on funding rate so you wouldn't be paying longs/shorts). I'd imagine this is not what you're looking for though, so no. Not paying funding rate in general is like asking for loans without interest.
526  Economy / Trading Discussion / Re: How much human supervision do you believe AI needs for crypto trading? on: December 09, 2023, 04:50:05 PM
A lot? I personally don't use trading bots and definitely not AI for trading, but I don't think it'll be that far off. Traders are just going to use AI as a supplementary tool — not necessarily something to make independent decisions.
527  Bitcoin / Bitcoin Discussion / Re: Cashing Out BTC in Exchanges Questions on: December 09, 2023, 04:44:03 PM
It's very possible, and it's definitely happening. The United States is pretty tight when it comes to financial regulations and AML/KYC so these things are to be expected. There's a reason why a lot of people here recommend P2P exchanges, so the cash transfer is going to come from a person's bank account, not Coinbase or whatever centralized exchange.
528  Bitcoin / Bitcoin Discussion / Re: BTC Portfolio Diversification on: December 09, 2023, 03:09:23 PM
I don't suggest following those traders. What you do, is do a lot of reading and make decisions yourself. Those copy-traders have the reputation of doing really well in a shorter timespan(1-2 years) but get totally rekt in the longer term.
529  Other / Beginners & Help / Re: Would you pay $1M dollars worth of BTC or USDT for an El Salvadorian passport? on: December 09, 2023, 02:15:58 PM
I personally wouldn't, but I mean — it's totally optional. No one is forced to pay this amount and can go the normal way of getting a passport. And if a person has that much amount of money, chances are, he/she has a way of getting a passport anyway so why not try earning money from it?
530  Economy / Trading Discussion / Re: Is it any Bonkers here? (BONK - Solana dog coin) 🔥 🐶 on: December 09, 2023, 09:44:33 AM
Yeah it's crazy. Many coins in Solana network have bloomed insane lately. also Guacamole. SolTradingBot. Cope Token & DOBI (release today) and many more.

Pretty much everything lmao due to Solana's airdrop season. Freakin Jito Network airdropped $10,000 worth of $JTO to people who held a few hundred dollars of $JitoSOL for 2 or more months. Jupiter and MarginFi going next.
531  Economy / Trading Discussion / Re: is arbitrage still possible in crypto ? on: December 09, 2023, 06:59:29 AM
Good luck getting to make money if you're just an individual without the software and hardware that companies/institutions have for arbing. As an individual, your only chance in making money is to probably arb the smaller low-cap coins on bottom-of-the-barrel exchanges; though you might be screwed over by low liquidity.
532  Economy / Trading Discussion / Re: Is it any Bonkers here? (BONK - Solana dog coin) 🔥 🐶 on: December 09, 2023, 06:33:52 AM
I've already sold as my thesis was that it would at least reach $PEPE, and then I'll bail. But for some reason, $BONK is now in #80, and $PEPE is stuck is $96. I definitely didn't expect $BONK to go this far not gonna lie — but the Solana ecosystem has been doing really really good.
533  Other / Meta / Re: BCT vs BTT abbreviation for this forum on: December 08, 2023, 05:50:03 PM
BCT = BitCoinTalk
BTT = BiTcoinTalk

It's pretty obvious that the first one makes a lot more sense, right?

Another 'correct' one would be BTCT = BitcoinTalk = BTCTalk; but a 4-letter abbreviation doesn't sound/look as good.
534  Other / Beginners & Help / Re: how can the community support newcomers in navigating the crypto space? on: December 08, 2023, 05:25:06 PM
Really, there is so much valuable information on the world wide web; so if a person genuinely is interested in bitcoin/crypto, he/she should find his/her way easily. Unfortunately most are just interested in the moneymaking part so they end up failing.
535  Bitcoin / Bitcoin Discussion / Re: Michael Novogratz says Jamie Dimon is wrong on Bitcoin on: December 07, 2023, 03:13:54 PM
And I am sure we all can agree to that. Bitcoin is and will always outperform any Stock in the General Stock Market.

Now that's a bit pushing it lol. Bitcoin can easily beat the S&P500 in a long enough timespan, but every single stock? There will always be a few outlier stocks that would out pump bitcoin in specific years.
536  Other / Beginners & Help / Re: Do you think people can overcome any danger if they want to? on: December 07, 2023, 12:28:43 PM
Not to disinterest you in this industry, but I don't think you'll create any meaningful change in your case by investing in bitcoin. What you really need here is cash flow, which you can gain from getting a job, doing gigs, or starting a small business.
537  Bitcoin / Bitcoin Discussion / Re: Looking at this bull market and some controversies from the perspective of a Chi on: December 07, 2023, 09:33:17 AM
We believe that ORDI represents the most primitive spirit of blockchain: freedom, fairness, and not being controlled by powerful conglomerates.

? ? ?

This has been the case even before the Inscriptions/Ordinals thing came to light. Bitcoin has already been big enough to not be controlled by centralized parties for a good while now. The Inscriptions/Ordinals just gave miners more revenue, that's all.
538  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon said he would close Bitcoin down if he was in government on: December 07, 2023, 02:59:18 AM
"The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance."

I mean — if he thinks that, obviously he wouldn't want bitcoin to exist; because if you're in a certain business, why would you want a competitor that could potentially destroy your business?

"Since 2000, regulators fined banks 7,400+ times totaling to fines of $380+ Billion, about 1/3rd of the total crypto market capitalization today. Either banking is criminal by definition or the rules are broken. The crypto space looks like a nunnery by contrast." — Gabor Gurbacs (https://twitter.com/gaborgurbacs/status/1726974307405033840)
539  Bitcoin / Bitcoin Discussion / Re: Bad news always brings some good news! on: December 06, 2023, 02:25:15 AM
The CZ<->Binance thing isn't necessarily bad news anyway. Allegations of Binance allowing money laundering of criminals? And CZ is still a free man and is even Tweeting almost daily? And Binance is still up and running? That's one of the best-case scenarios if you ask me.
540  Bitcoin / Bitcoin Discussion / Re: can't understand why Korea is in speculation on: December 05, 2023, 03:31:11 PM
Unfortunately, some people are investors, and some people are just gamblers — it's not just in Korea, but literally everywhere. What's funny in this case is most of the altcoin buyers think they're actually investors, but they don't know what they're doing at all.
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