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1381  Bitcoin / Bitcoin Discussion / Re: Do you think crypto is going to replace the dollar? Jack: Yes, Bitcoin will on: February 02, 2022, 01:38:01 PM
Personally, in my opinion, crypto will never be able to replace the dollar, because in my opinion the dollar is the center, and the dollar is definitely controlled by the government, so something that is controlled by the government is very difficult to replace, especially the dollar has become a priority for everyone. , in my opinion bitcoin will still be bitcoin, and bitcoin will still be a companion to the dollar, they will coexist not to bring each other down..
It won't be able unless only one crypto is used to replace the dollar though, pretty sure that running crypto nodes right now is already requiring a lot of energy so I really don't know how it's going to be able to go beyond what it has right now when it's already feeling like it's at it's limit. Coexistence is probably the best case scenario here although US would be the one that's losing in this deal because without that monopoly, they have less power.
1382  Economy / Trading Discussion / Re: KuCoin vs Binance on: February 02, 2022, 12:44:12 PM
Because I use both, for me I find it hard to separate two reputable exchanges that have existed for a long time & and because both have their own strengths I want to believe they complement each other and not really rivals which should be a good thing.

But i suppose if this were a popularity contest, i think finance would win this one thanks to the different products that it has on the market that has helped its name get out there.
I think that it's more of a preference rather than anything else because it's not like they differ entirely, and it's not a lot of people that's using these exchanges that specifically use a feature exclusive to each of them. I use Binance but I am open to use KuCoin although I don't have a lot of money and crypto to go around so I don't have any big reason to switch or use both.
1383  Economy / Trading Discussion / Re: Continuously Loosing money in Trading!!!! on: February 02, 2022, 12:04:42 PM
The current state of the market should be re-examined if the old strategies do not work then the market is very volatile then we have to analyze in every situation according to the market conditions who have to apply the right methods then it is suitable for traders.  Those who learn from experience
If this doesn't work, one thing that OP should do is to quit and just be a hodler or just an occasional buy and sell because not everyone can make money trading and it has been that way ever since and I don't think that there's not a lot that OP can do, if he goes and chase for the break even, he might end up losing more money in the process making the break even much harder.
1384  Economy / Trading Discussion / Re: Huge crypto scam that happened last year(2021) on: February 02, 2022, 11:28:55 AM
It's not a crypto scam if it's stolen, that's a different infraction. I presume that this is the only biggest ones because I am sure that there's more out there that's out of sight and at the same time gains more crypto than any of the listed and probably much more consistent. When will people ever learn that not every project in crypto will be legitimate.
1385  Bitcoin / Bitcoin Discussion / Re: Xi, Putin wants Bitcoin without wanting Bitcoin on: January 31, 2022, 09:48:47 AM
Sanctions are inevitable in this case. Russia and China can't expect they are going to keep their deals in secret while still maintaining the harmony with the rest of the world, especially with the occident. USA won't be fool to let their main adversaries continue growing protected by a bilateral p2p agreement. Understanding the analogy, bitcoin itself isn't the problem for people like Putin and Xi Jinping. For them, the problem is that bitcoin is open and free for everyone to use, doesn't matter who you are, while in fact they would like only themselves and their allies should have access to it.
That's what US is doing right now, they're sleeping on this countries. I mean they're military has always been the target of Russian, Chinese, and North Korean hackers for years now and they haven't done anything so far with all this attacks to possibly protect themselves, they're still banking on the fact that they still have the power to intimidate people into submission and via using their foreign policy to manipulate countries to fight proxy wars against their rivals. I think this partnership of China and Russia will be a bad thing for it's neighbors because both have been eyeing couuntries near their borders for years now and an economic partnership will somewhat seal the deal.
1386  Bitcoin / Bitcoin Discussion / Re: Will owning 0.01 BTC really make you rich? on: January 31, 2022, 08:41:58 AM
I don't think so, 10k USD wouldn't be worth that much by the time bitcoin reaches million dollars because the inflation for many countries is so bad that the only possible thing you can do with that bitcoin or USD if you sold it is to reinvest it. Maybe it might help you in expenses but it won't make you not worry about your daily life anymore.
1387  Bitcoin / Bitcoin Discussion / Re: Creating a Bitcoin crash? on: January 31, 2022, 08:07:13 AM
When somebody sells, someone else is buying. Would this event trigger a price dump or a raise?
Price depends on supply and demand and not on the amount of a sell order.
But that doesn't stop the whales from creating waves though, they're still able to make a significant movement in the market. And there's also the media to create the panic or the hype depending on what the whales want because they know that people easily reacts when there's negativity in the news or something like that.
1388  Bitcoin / Bitcoin Discussion / Re: Will bitcoin ever get regulated on: January 31, 2022, 07:21:25 AM
To a certain degree it will be regulated but I don't think that it will be fully regulated, more likely that people are the one's that would get regulated rather than bitcoin itself. And decentralization would lose it's meaning when bitcoin gets regulated anyways so it's highly unlikely that regulation would be met with no opposition if it ever happens.
1389  Bitcoin / Bitcoin Discussion / Re: Is El Salvador in debt because of the bitcoin price drop? on: January 31, 2022, 06:38:48 AM
I don't think so, it's a country and 400 bitcoin in my opinion isn't a lot of money that it can make a dent in their treasury to the point that they're going to resort to having debt or borrowing money to supplement what was left by buying those bitcoins, I mean bitcoin is probably just a small aspect of the money that El Salvador is being spent into so there's probably other things that have made their debt bigger but that doesn't mean that those bitcoin didn't play any role.
1390  Economy / Trading Discussion / Re: Comparison of Bitcoin price fluctuations with other coins. on: January 30, 2022, 09:38:38 AM
Bitcoin is their origin, that's why altcoins follow bitcoin on whatever trend it will make. Bitcoin is the dictator of the market, if it falls down, the rest will fall down as well. They have their own season but mostly, altcoin will definitely follow Bitcoin movements. Sometimes there are some coins that's not affected, I mean they are not instantly fall down when Bitcoin falls down but they will do the same thing after some days or weeks, it depends.
Most of the time it does but when the market is just too big for some cryptocurrencies, some of them don't follow bitcoin. I do see this pattern though and I agree that most if not all do follow bitcoin. I think that it's all psychology, probably because we've tied it for a really long time with bitcoin, we always think that the market will plunge when bitcoin is in red.
1391  Economy / Trading Discussion / Re: Don't be wiser than the market on: January 30, 2022, 08:58:45 AM
More like don't be greedy, I don't see how being wiser than the market is going to be any bad for someone. Wisdom is literally a higher form of intelligence so I don't see how wrong would it be for someone to be wiser. I mean what could you possibly do in that situation though? Would you get less wiser?
1392  Economy / Trading Discussion / Re: Best strategy for crypto trading on: January 30, 2022, 07:59:29 AM
For me, I only follow two things, buy low and sell high which is kind of cliché but it is what it is and watch the Fear and Greed Index and move accordingly. These two things helped me get some profit even though I don't trade full time and I just pop out and buy or sell whenever the movement in the index and he prices match what I want to do.
1393  Economy / Trading Discussion / Re: What do you think about staking? on: January 30, 2022, 06:57:28 AM
I think that staking is a good way to make you some passive income, for me, staking is just hodling but has a much better reward than just hodling. It's not for everyone though as staking requires you to have it locked for certain period of time so if you have a low risk tolerance then there's a possibility that you might not like staking especially if the token you're staking is going down.
1394  Economy / Trading Discussion / Re: TEN Crypto Trading Lesson. on: January 30, 2022, 06:06:39 AM
To everyone who wants to follow this, you still need to be careful. This lessons isn't a one and done solution for all of your trading problems because your situation will always be different than any other people, and it's the same thing for them. No matter how sound this lessons are, it might not be applicable to everyone at certain situations.
1395  Economy / Trading Discussion / Re: What did you learn about crypto trading? on: January 27, 2022, 11:13:05 AM
I learned that there's more things that I haven't learned yet and that being cocky doesn't lead you anywhere. I also learned how to be appreciative of the money that I get because not all of my wins when I am trading is a lot so even if it's a measly 5 dollar profit, I will still take it because I know that I still have a profit.
1396  Economy / Trading Discussion / Re: Is it possible to double capital in 2 months? on: January 27, 2022, 08:32:13 AM
It's possible but you're probably have to be smart with how you put your money and you are smart enough to pull out the investment when you know it's tanking or you know how to take a profit. In my opinion, you're probably going to need a lot of money to pull it off though because it's probably more satisfying to see your investments go up when it's much more compared to a measly amounts.
1397  Economy / Trading Discussion / Re: Crypto Trading Bots on: January 27, 2022, 07:57:48 AM
Not every bot is profitable, actually, most aren't. So, Ideally the bots actually generate a profit and ideally that profit is greater in risk-adjusted terms than had you have just bought the same coins and held them throughout.
That's because the people who use those bots don't have any knowledge in trading or is a competitive trader so it's going to be difficult for their bots to win trades because they don't have any skills in trading in the first place, maybe if they have a foundation as an individual then probably they can make some money in trading bots.
1398  Economy / Gambling / Re: Bitcasino.io 💜 — We are putting 1 BITCOIN into Space! 🚀🛰️ on: January 27, 2022, 06:44:30 AM
Sending one bitcoin to the moon literally for me is my most anticipated event that's crypto related because this will definitely attract the attention of many people especially if the launch will get through the mainstream media and they include that one bitcoin will be coming with it, I don't know the reaction that will happen here but one thing is sure, if this happens, we will probably see Bitcasino get more famous.
1399  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: January 27, 2022, 06:03:43 AM
Things have been very difficult after the second vaccination shot, affected in ways that were unforeseen. With continued weight loss all the way to Dec. I've since gained 10 pounds, more strength, and health.

Plan on restarting up the signature campaigns once again, and focusing more time.
Welcome back to the forum, good thing that you're popping up again because people that was working for your campaigns where panicking about whether you're going back, hopefully no more problems in your health, it seems that a lot of people are relying on your campaign.  Hopefully you can also solve the issues that other people have with your website because they're popping up all of a sudden.
1400  Alternate cryptocurrencies / Altcoin Discussion / Re: Wikipedia Editors Have Voted Not to Classify NFTs as Art, Sparking Outrage on: January 25, 2022, 07:27:39 AM
I don't really care that much what they categorize as art is because I think that for something to be considered an art, I think that it's really in our best interest to consider it as one because there's a design and color schemes in it, if we consider Jackson Pollock's work as an art then how can we not consider NFT as an art. I don't like that there's an outrage behind this just because of a simple thing, kind of making the NFT community much more toxic than it already is.
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