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1041  Economy / Economics / Re: 2020-2021 best year if You Want to become rich no skills needed on: December 06, 2020, 07:45:10 PM
In investment you really don't have to be skillful but at least you have knowledge on the assets that you are buying. Also its twice the risk when your capital comes from loan. Even investing in Bitcoin has no guarantee that you will make profit in the future, thats why its better to study first before you buy anything in the market, setting limit in your investment not just go all in and get rekt later.
It shows how experienced you are in investment sector. Loan money is best for investing purpose but not on speculative assets like Bitcoin which has no predictable price even in short term but its best for business related investment. And don't think that you don't need skills to be successful because if you are right then everyone became successful with their investment.
It's just too risky to loan some money for your investment since you don't know what will happen in the future unless you are well-knowledgeable about the important information you need to know when supporting a project or doing some trading. It is better to do some business if you want to loan some money and you want to earn with that money you borrow since you can make sure that it will grow as long as you are putting some effort and hard work for that to succeed. Investing with your borrowed money is not a good idea.
1042  Bitcoin / Bitcoin Discussion / Re: Government don't accept Bitcoin. on: December 06, 2020, 07:05:45 PM
Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?
I think the answer to your problem is a VPN. Through using a VPN you can use other locations and access any website that your government trying to forbid.
It is difficult to explain these things to those people who are not willing to accept this idea. Perhaps, it is better if you will stay hidden from your Crypto activities for a while until your government sees the importance of having these technologies or either move to a country that fully supports the use of Crypto.
We cannot simply say that they can easily use a VPN just to access cryptocurrency because every country has its own firewall that will prevent them to browse something that is illegal to visit in their country. Maybe we can say that they can use that VPN but still when you are being caught if you are browsing or visiting a website that is illegal to visit in your country, there's an equivalent punishment for that. We are all hoping that those countries will recognize the nature and the usage of bitcoin or cryptocurrency to be exact. That it is not a scam but an opportunity.
1043  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Email address exposure in spreadsheet on: December 06, 2020, 06:45:45 PM
I would suggest not using a personal email for entering bounty campaigns. You can create a dummy one just for the bounty campaigns. We can't really say if the bounty managers are assuring us that our emails are not sold to the dark web. Every time I see those spreadsheets with emails being displayed, it really pisses me off. It means that either bounty manager, hunter or someone lurking from the "dark web" are already gathering these emails and start taking advantage of them. Just saying.
The idea is that the exposure of email address on the spreadsheet, what I understand if they want that to happen or not. For us, of course, that is not good because there's a lot of things that can happen when your personal email address will be exposed, there is a big possibility that some scammers will target you for messaging or spamming you just to get your personal information and that might lead to hacking or worst your accounts or wallets will be hacked. I don't allow myself to join in some bounty campaigns with that rule.
1044  Economy / Economics / Re: Visa is getting more interested in Crypto on: December 05, 2020, 07:05:22 PM
This is once again probably about creating this new sort of hype around bitcoin and all crypto. At the end of the day we are talking about Visa here, they can do whatever the hell they want and still make a profit, they are very huge, and if someone else does something and it looks promising, they could just buy them out, they are THAT rich.

Look at all the big companies, mainly tech companies for example, they just let others do something and buy them out directly which makes them worth a lot more, same usually goes for wall street companies too, they just grow big and buy other companies. Visa is not "interested" in crypto, they are interested in making more profit and if they are profiting from crypto, they will be happy about it, they will just not put too much resources into it.
This will really help the hype the bitcoin as of now since these big companies are now adopting the usage of bitcoin, these are online financial services and this is also involving money wherein you are making transactions. This will help the hype because as Visa adopt bitcoin, there are more people that will know the usage or essence of using bitcoin, not only that but the opportunity that they can get when they got and understand what bitcoin or cryptocurrency really is. Paypal already adopted the usage of bitcoin and I think that has also an effect on the market price that we can see right now.
1045  Bitcoin / Bitcoin Discussion / Re: how add security to our bitcoin ? on: December 05, 2020, 06:45:03 PM
coinbase is a high profile crypto wallet and exchange . they are secure but you can add extra layer of security in your account by going on to account settings and setting up strong passwords , set up all possible 2fa , set up number and email  . not only that can make you more secure but coinbase will also trust you and you can have a less chance that they will block your account because of suspicious activity . you dont need to be scared to them but be more scared on the wallet and exchange that are not yet making a name . if you want to be anonymous use decentralized wallets but be sure to choose only the high profile ones
Coinbase is one of the famous crypto wallets as of now since they have high security and really keeping your bitcoin or any other cryptocurrency safe. That is why I am also using coinbase since it has a mobile application and I am using my mobile device more than I use my PC. So it is convenient for me to check my wallet if there's something wrong or if I want to buy some altcoin that is worth buying for. It has also a two-factor authenticator in which making your wallet more secure because you will set up that to notify you when you want to open it on the other device.
1046  Alternate cryptocurrencies / Altcoin Discussion / Re: Mobile wallet is more important on: December 05, 2020, 06:25:04 PM
Indeed, more people use mobile wallets than PC wallets now.  Mobile wallets are much more convenient to use than wallets,due to almost every people have a mobile phone, and we are  welded to our smartphones.   A sucess project should have builted their mobile wallets.
That actually depends on the person what device they are often using. There are people who prefer to use web wallet because they are more spending time using their personal computer, while there are people who are preferring to use mobile wallets because they want it to be convenient when they want to buy or sell especially when they are not in their house since you can access your wallet as long as you have an internet connection, you can always check your holdings.
1047  Economy / Economics / Re: Is Bangladesh going to accept Cryptocurrency??? on: December 05, 2020, 06:05:58 PM
I think Bangladesh government is paranoid of Bitcoin and blockchain technology. To be honest, if countries like the United States are skeptical about crypto, then third world countries should be skeptical about it as well because they can't afford to totally accept it without scrutiny and having very much knowledge on it. But I am very optimistic that Bangladesh will be crypto friendly within few years because Bitcoin is getting into mainstream and no country would want to be left out if most countries start to accept it!
I think their government has their own reason why they are banning bitcoin in their country, it is still confusing why they are still banning cryptocurrency without really knowing the real use and essence of this kind of digital money. In which they can make transactions in just a short period of time, with also high security depending on the wallet or website that they are using. I am looking forward to every country that at the right time they will recognize that bitcoin is not a threat to their country but a good opportunity for the people of the country to make more money.
1048  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: IF ONLY BOUNTIES WILL KEEP THEIR PROMISES. on: December 04, 2020, 06:32:08 PM
Of course bounty hunters are aware of that. Here's a fact most of the bounty hunters can't figure out what project is legitimate and which project is not and in result they just join any bounty project so they would be able to join the legit ones.
There are actually lots of things you should consider before choosing a particular project, you can actually check their whitepaper, that is one thing you should consider when choosing a particular project because sometimes their platform is not that good and not that promising, that is why every project is producing whitepaper, that is actually for investors who want to support their project because whitepaper takes a good role in a project having all of the information about the project placed inside that document. Not only that, but you can also check their website and roadmap, you can see there if they are really serious that they are making a good website and roadmap that is possible to happen and be done by that particular project.
1049  Bitcoin / Bitcoin Discussion / Re: Different opinions about bitcoin on: December 04, 2020, 06:11:31 PM
In my opinion, bitcoin is an investment to make a profit. Because bitcoin is so profitable, investing in it is also very risky, to be able to invest in the cryptocurrency market requires a lot of knowledge and experience.
It is indeed true that bitcoin is a good investment to make a profit, we all know that. The risk thing is normal since digital money is involved, but as long as you are well-knowledgeable, we can say that those things are easy for you to do as long as you know what you are doing. Since there are lots of scam projects and people, being aware of what you are doing is important to prevent loss of funds or income. There are lots of ways for you to earn bitcoin, one is that you can invest, there are some people who want to gamble their money but that is too risky too, there are also some people who want to mine bitcoin using their rigs, and there are people who want trade by simple buying it in low value and selling it at a high price.
1050  Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto? on: December 04, 2020, 05:50:05 PM
Maybe that is because of their safety, we all know that technology and security are innovated that they can access everything especially illegal activities. We can say that they are using fiat because they are aware that technology can track them. They can monitor the movement of their illegal work if they are choosing fiat as a mode of transaction. There are actually lots of hackers that can access their transactions and also hackers that are supervised by the government. Also, it is depending on the knowledge of a criminal about the knowledge, if they can use it, why not to use it right?
1051  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't be Emotional, Don't be Greedy on: December 04, 2020, 05:30:58 PM
that's what we need in investing in crypto, because not all projects or coins can maintain their value or even last long in the market. So, as long as you have a good coin and you see a good opportunity to sell it, sell it immediately if necessary. and usually people often lose money because of greed.
That is why you should have some portfolio when you are holding or trading some tokens so that you have a guide for you to follow on when is the perfect time for you to sell it. Just make a good and solid portfolio so that your funds and investments are secure. Sometimes being greedy makes a good profit because you are gaining income instead of selling it fast, but regrets are the affiliation of that greediness. As long as you have enough knowledge about investing and trading, you don't need to be emotional, it's your decision after all.
1052  Bitcoin / Bitcoin Discussion / Re: Your Life After 10 years in Bitcoin... on: December 03, 2020, 03:35:07 PM
I am sure people involved in bitcoin for more than 5 years will have a different life, but that is only for people who are always seeking a way to make more bitcoin or make money. But if that person is only focused on joining in the investment without knowing if that investment is real or not, he will not change his life, and even he will not have a chance to make money.
Indeed, we bet those people that already knew bitcoin 10 years ago have a good and easy life right now. Like they are the ones that have a big investment, already know the flow of the market, and even good at trading making their own money grow with their own knowledge. We also want that to happen that is why as the cryptocurrency innovates we should also adopt what is changing and what is happening in the market so that we are not wasting our time here. We avoid losing money so we should keep learning and do what we do good. Keep on investing, if you fail, just keep trying.
1053  Economy / Economics / Re: Goverments creating digital currencies - Threat or Opportunity? on: December 03, 2020, 03:03:26 PM
I think this will be a good opportunity for the market and for the knowledge that is being spread althrough out in that certain country. That is a good step of innovating the digital currency in that particular place making their own ATM machines that you can buy coins or sell coins. It is also for the people, a perfect time to adopt the usage of cryptocurrency and to know what is the benefits of using this digital currency, not only giving them the fastest and safest way of making transaction but also an opportunity for them to invest.
1054  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Altcoin Safe for Investment on: December 03, 2020, 02:40:09 PM
Before taking altcoins as an investment, you must know what altcoins they are. See, many members here also said that some altcoins may be good for investment. but mostly not. You may take them for daily trading or short investment, this may work and make you profits as long as you can get the right strategy. But here, if you are taking the wrong altcoins, it may mean that you are gonna get dead coins or shitcoins. So, be careful, only choose the Top coins with certain analysis in order to know the right choice of your altcoin investment.
It is indeed true that most of them are not profitable, but that is why you should need to study and gain important information first about the particular project or coin you want to invest your money in for you to prove that your money is safe when you trust that particular altcoin. After gaining some data, you should know also what to do next by making a portfolio to have trading strategies and that portfolio will guide you since the market or the crypto itself is volatile, you should know when is the right time that you are going to sell or buy a token again. It is your decision, after all, so make a good one.
1055  Bitcoin / Bitcoin Discussion / Re: Another big step to adoption bitcoin from VISA! on: December 03, 2020, 02:20:05 PM
This is such good news not only for the community but also to those people who are using VISA and does have holdings of bitcoin. As time passes by, bitcoin is being recognized by some online financial service and we are hoping that it continues and reach those countries who are banning bitcoin and influence them how good bitcoin is. Companies are now appreciating the nature of bitcoin on how good it is to use, we all know that bitcoin has a lot of benefits not only that it is good in terms of transaction but it is also good in terms of investments.
1056  Economy / Economics / Re: More Banks maybe Closed and cryptocurrency exchangers are new way of banking on: December 03, 2020, 02:00:33 PM
I still believe that the banking industry can still recover. And crypto currency exchangers will take a long time before it can change the banks.

Although I would not compare the banks with cryptocurrency exchanges, the truth is that the banks are not in good shape. Many of them are surviving, just because of the bailouts from the government. Loan defaults have increased to such an extent that the banks are no longer able to keep a balance between deposits and loans. On top of that, the margins have decreased due to the decline in interest rates.
Banks are still important in the world, we cannot just say that it is better to close because there are some cryptocurrency exchanges. Banks are used for traditional transactions and we all know that cryptocurrency is not that ready to use instead of using banks because cryptocurrency still needs to be innovated and become recognized by all countries as well. We can say that there are still countries that are prohibiting the usage of cryptocurrency and that is not good for everyone if they try to close the banks. Also, the knowledge about cryptocurrency is not known by all people, so it is hard to do a quick change.
1057  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Altcoins replace Bitcoin?!?!? on: December 03, 2020, 01:40:50 PM
I don't think that will happen easily since bitcoin is still dominating the market with its volume of all. I think there's some DeFi Project as of now that exceeds the price of bitcoin but still, the volume is big deal knowing that there's a lot of people who are investing or holding some bitcoin for their future with their own style. We can say that it is possible that there's altcoin can beat the bitcoin in terms of value and volume but that's too far to happen and as of now we cannot still imagine that the bitcoin itself will fall as long as there are people who are still trusting bitcoin and the adoption of using it is still continuous.
1058  Bitcoin / Bitcoin Discussion / Re: who are those real rich elite who invest in bitcoin ? on: December 02, 2020, 11:48:14 PM
There is a reason rich elites invest into Bitcoin and it's because of anonymity and moreover we cannot track users whoever invest in bitcoin regardless of rich or poor which is not the same case for fiat. It may be some famous personalities like celebrities or sportsperson, business tycoons, politicians or else bankers themselves, but we cannot track them as this is the advantage of decentralisation as regulators cannot indulge in your crypto assets.


There are actually lots of rich people or even celebrities that are really going or investing their money into cryptocurrency. Also, there are rich investors that are putting their money on cryptocurrency and making more profit. It is either they are supporting a particular project or just buying a token to hold. But there are some rich people or celebrities that are putting their name on the team of that particular project, for good strategy of promoting their project.
1059  Economy / Economics / Re: The pandemic did push the world towards a more digital age. on: December 02, 2020, 11:08:23 PM
I agree that the pandemic makes the transition to digital age at a very fast rate, here in our place the malls and the shopping centers are mandated to do their transaction through cashless and even the toll gate are mandatory to do cashless, this is to prevent contact so to avoid people from getting CoVid, and our government is still finding ways for some industry to go cashless.
Since the government is securing every place such as malls, banks, parks and etc. It is to prevent the spread of the virus. Since the banks are closed, it is better this time to use online banking and doing some cashless transactions. It is primarily to prevent the spread of the virus and it is also convenient since you don't need to go outside and go to the physical branch of that particular bank, you just need internet and some device for you to access their website.
1060  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin pump and dumps ! on: December 02, 2020, 10:47:28 PM
Pumps and dumps are commonplace in this cryptocurrency market, but for most of the top coins, I think only the big whales can play that role. if the investor is small I think it is impossible to take such market flows. but I often see small coins being pumped and dumped by insiders, to attract lay investors to get caught in their pool.
We all know that it is normal in cryptocurrency that it pumps and it dumps sometimes, it is in the nature of the cryptocurrency since the value of crypto is volatile, the meaning is that the price is changing time by time especially when there's a transaction happened, every transaction has equivalent changes in the price. As of now, we are experiencing a pump on bitcoin and the market is following, bitcoin already reaches its highest peak again since the last time it also hits this all-time high in terms of value. We are still hoping that it will continue to rise so that we can still make a good profit by doing our own way.
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