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221  Economy / Speculation / Re: More Investment to Bitcoin? on: September 16, 2021, 07:03:30 AM
Better invest now and hodl and then you wait for the prices to increase twofold or even hundredfold, you have it the opposite OP, you better be ready to wait for a long time and hopefully you have a long-term mindset.
Exactly, what OP is doing is waiting for the price to go up more making the fiat that OP's going to use less valuable since the price will go up and the value of bitcoin that OP will buy will be much lower since the prices will go up.
222  Economy / Speculation / Re: Bitcoin in 2022? on: September 16, 2021, 05:56:16 AM
No one is an expert when it comes to Bitcoin market price prediction because the market is full of surprises but from what I read and hear from people who understand the Bitcoin halving effect market, 2022 is the year of market blood bath and the price of the Bitcoin market should be below $40,000 price range.
We don't know about it yet, those people that you're talking about are also speculating so it's still unknown to us what's going to happen in 2022. Just be prepared what happens next, have enough money to buy bitcoin if it goes down considerably and accumulate a lot in case the prices skyrockets.
223  Economy / Economics / Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B on: September 16, 2021, 05:17:06 AM
This won't just affect the Chinese and Asian region but also the African regions since they might have some contracts in that place since China wants to expand it's influence in that region too. That's a lot of losses but I think that China will brush it off like a dust since they still have other companies out there.
224  Bitcoin / Bitcoin Discussion / Re: What are some things only pre-2011 Bitcoin users would know? Culture & practices on: September 15, 2021, 02:52:57 PM
The least that I can remember are faucets, they were so profitable back then but given the current times, they're a relic of the past. Not a lot of users here were from 2011 but that's understandable, I mean those that were from that time have probably moved to another endeavors in life.
225  Bitcoin / Bitcoin Discussion / Re: One of the best coin Bitcoin on: September 15, 2021, 02:15:53 PM
I don't know what came to your mind starting this topic in a forum that has bitcoin in it's name, of course bitcoin is the best coin there is, it pioneered and revolutionized how we see money and gave us alternatives that are otherwise impossible for a layman.
226  Bitcoin / Bitcoin Discussion / Re: The risks of using Bitcoin on: September 15, 2021, 01:40:28 PM
~~~
right, the government makes rules and we have to obey them, if we fight them we will certainly deal with the law, therefore for bitcoin I think we are still lucky that bitcoin ownership is not prohibited, but we must not use it as a means of payment, and if it is for trading then there is a risk losing money is personal responsibility

You don't have to obey all the time, people can choose what they want in an ideal world, that's how democracy should be and the people in the position should do whatever protects the interest of the people. One way to fight is to teach the younger generation on how to choose the right leader and how to be the right leader, and we should learn to vote not on popularity but on their deeds.
227  Bitcoin / Bitcoin Discussion / Re: El salvador a trail blazer for other developing countries on: September 15, 2021, 12:49:50 PM
Totally agree, El Salvador's action is actually a big catalyst for more countries to eventually adopt and use bitcoin and when that time comes, we will probably see bitcoin getting much bigger than ever because with more adoption comes more demand and with more demand in a limited supply meant higher prices for bitcoin.
We just have to hope for the best, we don't know if things are going to go that way since international financial institutions are going to be resisting the progress even if Ep Salvador is successful with what they're doing.
228  Economy / Economics / Re: Boost of a countries economy on: September 15, 2021, 09:15:37 AM
Bitcoin can help improve a country's economy a bad situation in the country causes a recession in the country's economy. But there is no such step for bitcoin the market improves depending on the demand if the government adopts crypto it will be easier to launch planned economic activities implement higher allocations for the health agriculture and social security sectors, and implement effective reforms in certain areas including the banking and tax sectors which will soon boost the country's economy.
Bitcoin alone won't help, it's just too low in price for a country to be able to help with the problems in economy, remember that it's not just the money that's a problem in a country and not all of those can be covered by bitcoin.
229  Economy / Economics / Re: Inflation soaring in US and other countries gives good prospect to bitcoin on: September 15, 2021, 08:12:37 AM
It does give good prospects but at the same time, the people that don't have any bitcoin will be suffering from this high inflation, they don't have any shield from inflation so that's to be expected when this kind of thing happens, I guess not everyone will be able to benefit from all of this.
230  Bitcoin / Bitcoin Discussion / Re: A good man/woman leaves an inheritance on: September 15, 2021, 07:22:25 AM
That is if they have the means to do so, it's not like every person can do that and not everyone knows about crypto yet so when those people knew it, they won't consider leaving inheritance in the first place, some might not even consider because some might die unfortunately without thinking what to do next.
231  Bitcoin / Bitcoin Discussion / Re: Bitcoin trading broadly in China,than Nigeria. on: September 15, 2021, 05:07:36 AM
Take a look at the population, economic size, number of cities and occupational diversity between the two countries. We can see that China is far ahead of Nigeria in every way. The Chinese people got into crypto very early and they are still quietly involved in crypto activities. We can't tell how far apart the numbers and reality are.
I think that OP should have considered that but I am still surprised at how they're still the biggest even though the government antagonizes the crypto market there and at the same time they're spreading propaganda and their people are just following what they say in almost about anything.
232  Bitcoin / Bitcoin Discussion / Re: How does the scammer companies earn through bitcoin ? on: September 15, 2021, 02:27:26 AM
They promise people huge amounts of money and then making them excited about this and at the same time instigate them into investing into their company and then this gullible person will comply and give them the amount that they're asking for and that's how they make some money, some of them will pay for awhile and when you decide that you want to increase what you're making, that's when they pull the rug on you.
233  Bitcoin / Bitcoin Discussion / Re: LOOK: Biggest financial institution in El Salvador embraces Bitcoin? on: September 15, 2021, 01:30:34 AM
If you followed the news about what El Salvador did, you'll know that it is only a matter of time before businesses(big or small) starts accepting BTC. there's really nothing to be surprised about here.
if you look on the bitcoin discussion board you'll find another thread talking about fast food chains in El Salvador accepting BTC.
Exactly, either resist the inevitable or embrace the changes and make profit by being the first adopters in that country. I think that the company acknowledging the existence of bitcoin is only a good thing for them in the long run when people build some familiarity in the market.
234  Bitcoin / Bitcoin Discussion / Re: Michael Saylor buy the bitcoin.Bitcoin prices are likely to rise. on: September 14, 2021, 03:29:22 PM
Careful believing what he's saying, he has a lot of bitcoin to his name so it's likely that he has some stake in saying that the prices are going to go up. But Saylor is right, bitcoin is going to rise since it's an appreciating asset.
235  Bitcoin / Bitcoin Discussion / Re: How has Bitcoin Changed your life? on: September 14, 2021, 02:28:00 PM
Not much in my story, being able to do what I want and have vacations whenever I want to, I was able to deviate from what a normal life should be where it involves work, sleep, eat and repeat to do something much better.
236  Bitcoin / Bitcoin Discussion / Re: Bitcoin is like a losing lottery ticket on: September 14, 2021, 12:00:10 PM
Thats a damn good lottery ticket then. If you bought it any time before April 2021, everyone won a decent amount of money. I don’t see such a good odds in any lottery.
But yes, we are listening the same FUD every few years and yet BTC is only climbing up.

And a losing one at that, imagine the winning one which doesn't exist to be honest. I give this person a 6 for originality with the FUD that he presented, no China or other generic FUD BS.
237  Bitcoin / Bitcoin Discussion / Re: I'm back into Bitcoin! on: September 14, 2021, 11:10:38 AM
You should buy one but be careful not to get a tampered one because you're going to lose all those bitcoin when you use those tampered HW. Remember to be careful with your bitcoins now that it's considerably a lot of money. Congratulations that you were able to still get those bitcoins because from my experience, those that have them for a long time have forgotten the password to access those stuff.
238  Bitcoin / Bitcoin Discussion / Re: Can you protect your Bitcoin from market volatility? on: September 14, 2021, 10:31:39 AM
I have a really good portfolio already so I guess I am pretty much protected from the volatility of the market and I have some money to help me accumulate more in the case when the market isn't doing good.
239  Other / Off-topic / Re: Sorare.... are you in it or do you find it to expensive on: September 14, 2021, 09:42:28 AM
I don't think this fits perfectly in the gambling discussion board (correct me if I'm wrong), more like it fits in the Altcoin Discussion since Sorare is a game based on Ethereum's blockchain technology and recently they partner with La Liga to provide NFTs to the players.
It's still gambling though so it still fits that it's in this part of the forum. This is the first time that I have heard of a fantasy sports so I really don't know much besides that it's sort of an NFT game in a sense.
240  Economy / Gambling discussion / Re: Concern about the the problem of online underaged gamblers. on: September 14, 2021, 08:41:28 AM
It's the responsibility of both parent and the gambling site to prevent children from getting into gambling at a really young age, the best thing that we can do is for us to fill our roles to prevent such thing, if you're a parent then it's your role to supervise and monitor your children and what they do online, as a gambling site owner, it's your role to prevent children from getting into the site.
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