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981  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a quick rich and get poorer investment. on: December 03, 2023, 05:14:24 AM
Could you refer to the statement that actually said that title because I don't believe that a sane person is going to say any of that, maybe the first part where they talk about get rich quick but I haven't heard of any that said it combined with the 2nd statement about get poorer. Although I do agree with that I don't see a lot of people ever think of bitcoin as that kind of investment because if they did then they would've probably not be here in this investment in the first place if they've heard of the quick rich and get poorer statement about bitcoin, that would've set off some red flags.
982  Bitcoin / Bitcoin Discussion / Re: Target Prices and Resistance Levels? on: December 03, 2023, 03:37:51 AM
The closest resistance area from here will be the $40K psychological number. Why? Its just a nice round number. Looking at the chart however it doesn't really have any significance but I expect some resistance just that its a big round number. These sometimes worked as short term resistance but never really as long term. Look at what happened when we broke $20K and $50K.

After that might be the $48K area which is a pivot and also a fib number. And after that we got the bigger $50K round number and above that another $52K pivot. But we are far away from those and don't need to worry about them for the time being.
Most of the time, the prices that have the resistance are those that have the satisfying appearance to it, didn't last time the resistance was around 30k, 35k, 40, 45k, 50k and so on? Probably the resistance is with the fact that there are some people that have been taking some profit here and there so they sell at this point. I don't even know now if I'm still going to take a profit when the price goes to 50k because I have a feeling that when it hits that point, we would probably see bitcoin go to 100k or higher so might as well hold on to my bitcoins for now, don't want selling prematurely.
983  Economy / Collectibles / Re: [FREE RAFFLE] 1 ERINNOPHILI FULL SHEET By ArtiKando (12/20) on: December 03, 2023, 02:23:59 AM
17 - pinggoki
Really awesome art, would probably get more majestic if there's a colored version but thank you for this raffle, I hope I can get the win.
984  Economy / Speculation / Re: Why Is Bitcoin Price Increasing? on: December 03, 2023, 01:56:10 AM
Besides, who would want to invest in such coins that are doomed to fail? People are smart and wise enough to trust only bitcoin, and that motivates bitcoin to skyrocket its price regardless of its high volatility.
I know some people that were able to leverage the inevitable doom of altcoins that they're invested in because they know that though most of them fail, they all experience some peaks that we like to call the altcoin season which has happened before many times already and I think that the smartest and wisest ones are those that are able to utilize that potential and doom to generate more profit for themselves and at the same time if they are thinking of it, invest more money back into bitcoin to again hodl for a long time and generate more profit.
985  Economy / Speculation / Re: The volatility volumes of Bitcoin is not the Will of man on: December 03, 2023, 01:27:56 AM
Bitcoin is an investment that rewards those with a long time preference. In addition, traders also like to harness the short term volatility to make money. I personally think the only ones who win when it comes to traders are the exchanges that take fees from them, but I’m sure there are stories of the few who traded their way to massive riches.
The traders that you're talking about are probably the people that have done great in futures trading, that's the only way I think that someone is able to make a massive amount of money trading since you can make a lot of money in the futures as my friends have said but those comes with a really great risk so treading lightly in futures trading is an absolute must for many people.

I do disagree with the title though, that volatility comes from a high volume of traders doing trades every second and those movements are what's causing the volatility that many people are so afraid of so in a way, bitcoin's volatility is the will of the men because whatever we feel like it, bitcoin moves to that direction although we don't know it and have no control over it.
986  Economy / Speculation / Re: What happens if bitcoin price hits 6 figures and up? on: December 02, 2023, 09:12:50 AM
If Bitcoin goes to $100,000 the fees will spike but eventually they will settle down. You need to realize that many people keep most of their bitcoins on exchanges and won’t need to send to the exchange to sell. Those that do will just send their entire stack at once and pay a high fee once and that’s it.

Fees are high now not because Bitcoin is going up in price but due to the ordinals which are taking up blockchain space. They are a new trend and seems like it’s a big hit kind of like the Defi and NFT of Ethereum.
That's the scary thing because I'm sure that when that price hits, there's bound to be a lot of people that will probably sell their bitcoins at that price and with the expected high tx fees and those people that are going to do some transactions at that aren't going to be paying a big chunk of their bitcoin for the fee and the miners will definitely have a cause for celebration again as they're the one that's going to benefit in all of this which is awesome because they do deserve it and the rewards are only going to get lower in the future. I don't get ordinals though, why are they trending like this because if this kind of trend is going to continue until it hits the 100k price point, I'm sure that we will probably see record high levels of tx fees.
987  Economy / Economics / Re: Bitcoin can save the USA and dollar on: December 02, 2023, 08:26:45 AM
The problem is that bitcoin can only save the people of the country and not the people on the government and the established institutions with a long line of tradition that bitcoin will definitely break if not destroy. I wouldn't agree that it's going to save the dollar though, I feel like with bitcoin being used more by the people in the US, the dollar will eventually not be that worth it to have so they just go with bitcoin, maybe right now we think that bitcoin is going to save the dollar since we're seeing bitcoin with it's value in dollars rising and USD is the global reserve currency and most countries have a high exchange rate with the USD so we end up with the idea that bitcoin will save the dollar, I wouldn't say save but more like strengthen though.
988  Economy / Economics / Re: Growth mindset versus fixed mindset on: December 02, 2023, 07:56:39 AM
I'm thinking about which spectrum I fall into because sometimes I can say I have a Growth mindset, but other times I might still be in a fixed mindset. It really changes without constant factors. You might be in a growth mindset now, and then the next day, you might consider yourself in a fixed mindset. Would you consider it a fixed mindset because your possession of a growth mindset is not consistent? Having a growth mindset is being practical though.
If you are doing an introspective look and self-assessment to see what mindset you have, you're going to need to face a lot of bitter and hard truth about yourself because you will only be sure of the results when you are true to what you're going to answer in that self-assessment and introspection. That's probably the only way for someone to really know if they are in the growth mindset or fixed mindset in my opinion since it's difficult to do an accurate one if you aren't truthful. You can also do an assessment that have other people will conduct on you although that might not be as accurate as you want it to be since their biased in a way that won't hurt your feeling.
989  Other / Meta / Re: Mixers Signatures : A challenge or Respect on: December 02, 2023, 07:23:24 AM
We as the citizens of planet earth promise you to milk every possible  signature revenue to the last milliseconds allowed and will not forfeit our rights. 😂 
That's probably why they are crying about all of this because some of these mixer signature campaigns have a really good pay and some of them are in those campaigns so it's difficult for them to depart from those campaigns especially that were there from the start so some of they might've grown attached to them or they just want the consistent good pay.
990  Other / Meta / Re: Mixers to be banned on: December 02, 2023, 04:12:34 AM
Again, people are talking here as though we've lost something.  Everyone can continue to use these services if they choose to. We simply have to maintain the thin veneer of discretion about it.  And one day we'll likely find ways to build protocols to replace these services so that the whole thing becomes impossible to shut down.  Then we win.  It's not as bleak as it looks.
Exactly, the forum just bans the talk of it and the endorsement of it but that don't exactly mean that we are outright disallowing the use of it, it's just that the forum doesn't want to be any part of their activity. I guess the Satoshi of crypto mixers hasn't been born yet so for now, we just have to wait until then and do cat and mouse chase with the authorities for using crypto mixers to protect our privacy. I just hope that when you said push back against the dystopian policies of our respective government, the people that you're talking about is going to push back.
991  Other / Meta / Re: Has Bitcointalk lost it's appeal for projects to announce themselves on? on: December 02, 2023, 03:21:12 AM
The problem with this is that Bitcointalk isn't focused on altcoins too much and the people that are visiting the forum isn't really here for the altcoins, I don't think that the forum is going to be popping up when you search for any altcoins unless you type in a specific topic title in the search engine so that's probably the reason why you think that there's not a lot of altcoin projects that are pouring into the forum, it's a good thing in my opinion because most of these projects are a disaster waiting to happen anyway so in a way these projects not getting into the forum for promotion is a good thing because they would get less people to get in their projects or even investors.
992  Bitcoin / Bitcoin Discussion / Re: Antpool set to return 83.4btc transaction fee paid. on: December 02, 2023, 02:11:16 AM
If you’re the owner and you are not if the private key is with the hacker and they could use it to Sign the message what will you do at this moment?
If it's possible to contact them then probably I would send them all the necessary information that I am going to need to prove that it's my bitcoin and I think that Antpool is smart enough to know that there's a possibility that the address that will sign the message might be hacked so they will definitely cooperate on that matter.
993  Other / Beginners & Help / Re: Treat exchanges the way you treat your casino accounts. on: December 01, 2023, 07:51:06 AM
Whatever the service is, as long as their wallet is fully custodial, then you're not supposed to treat it as a storage. We've seen enough hacks, scams, funds management problems, etc. to know how fragile it is.

Best to go with non-custodial and non-hot wallet for storage  Kiss
Exactly, that's why I sometimes panic a little when someone that I've meet who are into crypto tell me that they don't have any kind of non-custodial wallet and that they store their crypto in some exchange with Binance being the most famous exchange in my country and I don't want to be imposing on them by telling them that it's not a safe way to store their crypto so I just tell them that it's not recommended to do what they do but I don't force them or tell them that I don't do that, maybe I'll try to be more assertive next time about storing crypto safely.
994  Economy / Economics / Re: When the world is evolving, follow the trend. on: December 01, 2023, 07:06:25 AM
One thing to keep in mind is that when you follow a trend, you've to make sure that you're not just blindly following those trends, you also have to be smart and know if the trend that you are following is a stupid one or not. You don't want to end up doing stupid stuff that could've been avoided if you didn't follow the trend. Keep an open mind but be mindful of what you're letting in because if you're welcoming all of it then you will probably end up not accomplishing anything because new stuff are pumping out daily so choose what's best for you and what you think is worth your effort and time.
995  Economy / Economics / Re: China's real-estate sector is NOT doing well, it might bring whole economy down on: December 01, 2023, 06:35:01 AM
I saw an explanation on YouTube about china's real estate bubble. They don't even finish the apartments, that would lower the value. And they have tens of millions of empty new apartments, just for the sake of investing. It's the biggest bubble ever, and the only way forward is to make it worse.
You forgot to add that they are also demolishing newly built high rise condominiums because there's no one that's going to live there not to mention didn't they also created a condominiums in one of their provinces that are supposed to be a eco friendly because they've incorporated greenery in those buildings but they ended up creating a green hellscape because those plants because a habitat for a lot of mosquitos? Another that I can think why this is happening is because China wants to develop a lot of their provinces into becoming an urbanized mega cities and combine it with the corruption of the ruling party and a lot will probably conclude that there's only one end to what they're doing. I agree that this is going to be the biggest bubble in China and I hope that when it pops, the people will finally do something about how their government does it's thing.
996  Other / Archival / Re: paying a mortgage the easy way (save money and pay off sooner) on: December 01, 2023, 05:56:19 AM
Yeah here in Canada we got people extending their amortization by over 30 years. I think the max is maybe 35 hours if you got enough equity.

The issue is that at 7% interest your payments are hardly small and you barely touch the principal. It’s basically a trap and you become more or less a renter to the bank.

Mortgages should be any more than 25 years.
But can't you like pay directly to the principal monthly so when the due for the amortization comes, the interest gets smaller? What I mean is that you can pay the principal amount if you only have an extra money though but I don't know about in your country but that's how some people do it in my country when they do a housing loan although it can only be done when you have an extra money left after all the expenses for the month.
997  Bitcoin / Bitcoin Discussion / Re: What is the best way to store your seed phrase? on: December 01, 2023, 04:55:48 AM
The 12-24 word seed phrase etched on a steel sheet, with 2(not split up) copies, in 2 separate locations that you have easy access to, and packaged in a way where you know if someone has gained access to either of these steel sheets; plus using a secure passphrase. That should be more than enough. Less complexity, less chance of error.

Also, personally not a fan of digitization.
I plan to do this in the future but to make it a bit more attracting to look and not just some steel plate. I'm planning to do a Magic the Gathering theme steel plate where I would store my seed phrase on one side and have a decoration on the other. This is definitely the best way to secure your seed phrase but for those that can't afford it, I suggest using some sort of cardboard that you can put it in a plastic sleeve or something like you are storing some Pokemon cards to preserve their condition. Another additional but useful thing you can do is buy a small safe but you have to make sure that no one knows about that safe as small safe can easily be lifted unlike the bigger ones.
998  Other / Archival / Re: Wearing Bitcoin Clothing in Public on: December 01, 2023, 04:19:32 AM
Well, it would be a good idea if you are into places like conventions crypto crypto-related seminars, and meetings as people are aware of Bitcoin's existence and wouldn't question if you own it cause anyone could be a holder or just promoting BTC using the merchandise. If you were in public people would see you wearing Bitcoin as they would assume that would be worth a lot so they could do illegal things such as crime, worse is they can identify your identity, and would do blackmailings or stalking. Just imagine the worst case scenario that might happen cause people are actually that unpredictable that's why it's better to ensure your safety and security.
That's the ideal scenario but in my opinion but we have to be realistic as I am sure that this is probably an everyday wear for OP so I think he either has to relinquish the idea of wearing it for daily stuff if he really fears for his safety or just wear it and try to make himself not the target in the eyes of these criminals that OP is fearing. With the blackmailing and stalking, that's probably the worst case scenario but I don't think that someone would waste their time doing that to just about anyone just because they wear a bitcoin clothing, if that's what's supposed to happen to OP, he can easily just file some restraining order for stalking and criminal charges against blackmailing. @blckhawk actually raised a good point about the worry that OP is having about himself wearing that clothing especially the high crime rate part.

You have to understand that not all bad or criminally minded people knows about bitcoin since they have only worked stealing or sticking up people that have fiat in them so I do not think that you are going to be in any danger wearing that, you are not flaunting your wealth in any way just because you are wearing a bitcoin themed tshirt and if you are really that worried about your well-being then your problem is you are probably living in an area that has a really high crime rate so maybe it is not your outfit that is attracting this type of stuff so go on and where what you want, you are spreading the gospel of bitcoin and you are comfortable with what you are wearing.
999  Bitcoin / Bitcoin Discussion / Re: Bitcoin story on: December 01, 2023, 03:37:34 AM
I think there have already been children's stories about Bitcoin. There were already cartoon videos made for children as well. Although it's good to let children know about the value of money and this better alternative called Bitcoin, it's not really something that's required for them.

I'm not a child development expert but I guess there are probably a thousand other things that children should be busy about, those that are fit for their age and brain and level of comprehension. And because children are notorious for having short attention span, there should be priorities.
You're talking about the cartoon animation by Tuttle Twins right? A lot of people have seen it already and I think that the way they deliver the information is pretty cool and at most can be understood by children although I think that stories about bitcoin should be a thing that a child should know about when they're already at an age where they have some level of ability to think for themselves. I agree on you about child development stuff, definitely other things should be focused on before jumping into introducing bitcoin like nurturing or building a foundation for critical thinking.
1000  Bitcoin / Bitcoin Discussion / Re: Are We Need Satoshi? on: December 01, 2023, 03:04:00 AM
Rather than discover Satoshi Nakamoto, it is advisable to focus on Bitcoin adaptation. Bitcoin has been running smoothly without Satoshi, so it's unnecessary to find him. Revealing himself would be harmful for him; legal action would be taken against him due to various reasons. So it will be very harmful for the whole cryptocurrency industry. Satoshi is brilliant since he is the creator of Bitcoin. So he is doing everything smartly. I just ignore whoever claims to be Satoshi; they all want to become public figures.
Even if you say that and others may share the sentiment including me, you and everyone that shared that sentiment can't still help with the fact that there are curious people that wants to uncover the identity behind the legendary Satoshi Nakamoto, as much as we are tired of them and their antics of how to find the identity we just have to bear with their actions as long as it doesn't hurt bitcoin or they hurt any people with their investigation then good for them. Regarding the legal reasons for the uncovering of the identity, I think that even if we stop the online sleuths, there's probably an agency in the government that's doing the same investigation because they want to charge Satoshi or have Satoshi face criminal charges. Those people that claim Satoshi is actually a good thing because that would mean that investigations will be slowed down because they have to confirm this claims and imagine the idea that with all this charlatan claiming to be the founder, Satoshi revealed himself and people would probably dismiss him as someone just claiming to be one.
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