Bitcoin Forum
June 25, 2024, 06:31:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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 11 
 on: Today at 06:16:35 PM 
Started by Uhochi - Last post by mindrust
I am not a big fan of globalization but I can say that globalization is definitely good for the local economies. First of all people move a lot thanks to globalization. Today they visit Japan, tomorrow they go to USA, next they visit Europe... Shopping shopping shopping, lots of shopping. Lots of local goods to buy, lots of booze to drink, lots of plane tickets to consume, lots of hotels and hostels to stay... It doesn't has an end because no matter how many trips you make, there is always one which you haven't made yet.

Did you know there are more than 1000 Greek islands? And more than 100 of them are inhabited? Just visiting those islands would take more than a year alone. (probably multiple years)

 12 
 on: Today at 06:15:50 PM 
Started by petermaier2024 - Last post by Lakai01
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
Bitcoin is having high market cap now. Do not expect the price to continue to rise at it increased in the past. But it can still be an asset that its value can be increasing just like gold. I prefer bitcoin because I am more secure with it because I can protect my coins than something physical like gold.
To be honest, I don't see it that way. I put the same effort into protecting my private key/mnemonic code as I do for my physical gold. I think you have to, because both mean immense financial damage in the event of unauthorized access.

The mnemonic code/private key is probably even more difficult to protect, as a software or hardware vulnerability (e.g. in Ledger's code) would also enable an attack via the Internet. This is of course not the case with gold, where an attacker would actually need physical access to the safe deposit box, the vault or the mattress under which the gold is stored.

 13 
 on: Today at 06:14:06 PM 
Started by petermaier2024 - Last post by Knight Hider
Ask this question on a bitcoin forum, people tell you to buy Bitcoin.
Ask this question on a gold forum, people tell you to buy gold.

 14 
 on: Today at 06:12:10 PM 
Started by petermaier2024 - Last post by _act_
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
Bitcoin is having high market cap now. Do not expect the price to continue to rise at it increased in the past. But it can still be an asset that its value can be increasing just like gold. I prefer bitcoin because I am more secure with it because I can protect my coins than something physical like gold.

 15 
 on: Today at 06:09:41 PM 
Started by casey15 - Last post by Obari
In conclusion, whatever area of cryptocurrency you find yourself, it is always advisable that you’re making profit.
That's right, whatever crypto and which pairs you're comfortable doing your trades. Whether you day trade or for the long term, we all want to end up with profits. So, whichever works for you perfectly then just do it and you don't have to be mindful of it. Everyone's goal is to make a profit and you should do that for that's the main reason why everyone is aiming to day trade and invest. But again, if you find yourself to be not good at any of it, you can always restrategize.
You are very correct mate,the target is to make profit and nothing else.But having a comparison of the both,you see that one is more risky while the other one is less risky.People tend to follow that one that has low risk than following the one that has high risk.But those people who have the mind of day trading, sometimes when profit comes in for them,you will be shocked about the amount they can gain,and this gain,if you were to follow the long term trading,you won't be able to have it in a long period of time,but somebody have had it just for a day,so that's the difference.
Yes, the risk is more with trading on a daily basis than being a holder and a long term investor. Of course we do know what's best for us, for me, I'm not good at both of it and that's why I choose to hold and stick to my plan of long term. But I know that there are a lot of people here that are good at both of it, good in day trading and they're also distributing their money to their long term plans. That's why those that can do it are very talented people and knows how to weigh and take risks properly.
Although I prefer to invest for long term but day trading can also be profitable unless people get addicted to it or cannot control their emotions. Because day trading exhibits a lot of gambling like behavior. I ‍am not saying it is gambling but in day trading people often lose their control I am not saying that everyone will be like this. The most important thing for day trading is to set targets and control emotions. Only then can one return profitably from there unless the fortunes are absolutely adverse.
Don’t be scared to call day trading a form of gambling to an extent.
Practically, day trading without proper analysis is total gambling and there is no need arguing that as you might just be messing with luck and I’m saying this from a practical standpoint of view because I could remember vividly well, when I was trading synthetic indices on Deriv and I was able to make a profit of $2300 in less than 48 hours with a $100 trading capital but I only ended up withdrawing just $300 and lost the rest of the $2000 in less than 24 hours and meh, I learnt a whole of things from that singular experience that’s why when I came into the forum, I wasn’t strange to the things of trading as I’ve already made reason profits and Laos had my fair share of the losses as well.

 16 
 on: Today at 06:03:49 PM 
Started by 0t3p0t - Last post by Baki202
Although the war took place between two countries, its effects can be seen all over the world. For example, due to the war situation in Russia and Ukraine, it has a bad effect worldwide due to which economic crisis has occurred in various countries. Russia directly supplies many countries in the world with various raw materials for generating electricity including crude oil, but when the war between Russia and Ukraine took a terrible turn, all Russian imports and exports were stopped, but it had a negative impact on the whole world.

United Nations is there to maintain peace in the world, I think if the United Nations is serious about this, then no country may go to war. War brings only destruction, reconciliation is good not only for each other but for the whole world.

I feel we all have failed in our duty because I feel like their should be agencies that will stop the governments from going or starting war be, the war between Ukraine and Russia started long ago and both the governments have refused to back down for one another just because they both feel they have the resources to go to war with anyone. Then don’t value the conditions that they will put their people, even the money they spend because every operation during war costs money, but they still go ahead with it their plan of going to war and that is very bad of them. And Russia was having issue then with their market supply just because of the war, their is no way war will not affect a countries economy.

And I don’t know why the united nation are always finding it difficult to maintain peace I feel their should be serious penalties for going against them because even with warnings they will still want to flex muscles on one another, we just hope this whole thing will end very soon and the people that need war to be waged against is the government for their maltreatment to their citizens and not making the economy work well and embezzlement of public funds so they need war.

 17 
 on: Today at 06:02:13 PM 
Started by Alpha Marine - Last post by Silberman
Recently, I have seen often talking about how Bitcoin is not going up fast enough, I usually see this mostly on social media. I haven't really seen it on this forum but I'm bringing it here just in case there are people here who have similar views

Almost exactly a year ago, the Bitcoin price was $30,534 on the 27th of June 2023. This was a year ago and at the time, this was a pretty impressive price because Bitcoin just hit $30k. A year from that time bitcoin is at $61, 423 (at the time of writing), that's a 100% increase in price and a 100% profit if you invested at the time.
A few months ago, we were celebrating Bitcoin at $40k, so how come now that Bitcoin is at $61k we're unimpressed? How is $60k looking ordinary when the previous ATH before this year was $69k?

I understand that we all want Bitcoin prices to skyrocket (which it's actually doing), but that doesn't mean Bitcoin is performing poorly. A lot of people expected Bitcoin to get to $100k immediately after the halving, but by history, it's usually not so.

In conclusion, this post is for two sets of people;
Those who believe it's too late to invest in Bitcoin because you can clearly see how Bitcoin has grown in price in the past year.
Secondly, the post is mainly for those who believe Bitcoin is underperforming because it's not at all.
Just like every other cycle, we have a lot of newbies that have just joined our ranks and that do not know anything about investing, so they have expectations out of bitcoin that are impossible to achieve, not only in terms of the speed they expect bitcoin to grow, but also when it comes to the all time high that it can be reached this time around, so I find it natural they are discontent with the way things are going, however they are at fault for this and not bitcoin, and I expect that once they have experienced what the market is like their expectations will be tempered, because if this does not happen then they may get involved with coins of dubious reputation while trying to achieve their goals.

 18 
 on: Today at 06:01:50 PM 
Started by petermaier2024 - Last post by Hamza2424
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin

What ?

Buying BTC 20 years ago like really, I wasn't aware of the 20th anniversary of Bitcoin, as far as I know in my newbie knowledge base Bitcoin first traded in Jan 2009.

Correct me if I'm wrong anyway buddy be sure before taking any decision as Gold is stable you've said it yourself, Bitcoin is a risky investment market asset, and it is highly volatile, as you cant be sure as you are buying on right time or not so if you want to make some investment never go for all in once, adopt DCA in order to manage risk while accumulating, ahh I won't bore you with DCA and hybrid strategies description people discussed it tons of times you can find those topics I will add in the edit of this post if possible.

Note: Do not take any action, on someone's advice or in greed take your time and study both first in basics then start making up your mind. I'm a Bitcoin fan but it's your valuable asset don't just waste/risk it on someone's recommendation. Because profit and loss are all yours.


Edit:
Some of my topics might help you, I won't say read my posts just have the overview of the discussion of the thread you'll get the different views of people.

Things to keep in mind before accumulation of Bitcoin
Can BTC be a revolution for underdeveloped countries'/ as Inflation Solution?
Things you should know in basics of Bitcoin network - Beginner's Guide V1
CEXs vs DEXs & Spot vs Future - Tips and Suggestions (V2)

Other Author I know:

"Lump sum Vs DCA" for Bitcoin Accumulation
DCA method Recommended to read other user's views as OP hasn't described enough.

 19 
 on: Today at 06:01:06 PM 
Started by casey15 - Last post by MissNonFall9
In conclusion, whatever area of cryptocurrency you find yourself, it is always advisable that you’re making profit.
That's right, whatever crypto and which pairs you're comfortable doing your trades. Whether you day trade or for the long term, we all want to end up with profits. So, whichever works for you perfectly then just do it and you don't have to be mindful of it. Everyone's goal is to make a profit and you should do that for that's the main reason why everyone is aiming to day trade and invest. But again, if you find yourself to be not good at any of it, you can always restrategize.
You are very correct mate,the target is to make profit and nothing else.But having a comparison of the both,you see that one is more risky while the other one is less risky.People tend to follow that one that has low risk than following the one that has high risk.But those people who have the mind of day trading, sometimes when profit comes in for them,you will be shocked about the amount they can gain,and this gain,if you were to follow the long term trading,you won't be able to have it in a long period of time,but somebody have had it just for a day,so that's the difference.
Yes, the risk is more with trading on a daily basis than being a holder and a long term investor. Of course we do know what's best for us, for me, I'm not good at both of it and that's why I choose to hold and stick to my plan of long term. But I know that there are a lot of people here that are good at both of it, good in day trading and they're also distributing their money to their long term plans. That's why those that can do it are very talented people and knows how to weigh and take risks properly.
Although I prefer to invest for long term but day trading can also be profitable unless people get addicted to it or cannot control their emotions. Because day trading exhibits a lot of gambling like behavior. I ‍am not saying it is gambling but in day trading people often lose their control I am not saying that everyone will be like this. The most important thing for day trading is to set targets and control emotions. Only then can one return profitably from there unless the fortunes are absolutely adverse.

 20 
 on: Today at 06:00:16 PM 
Started by Article4tip - Last post by franky1
already a bug
nodes bypass verifying every byte which lets arbitrary data to bloat a block
this bug has been known since 2016 even before it became active(2017)
many have noted the error and how it negatively could affect the bloockchain and negatively impact things like transaction counts per block and fee and congestion.. yet devs were sponsored to force it into being active as it helps the sponsors promote that bitcoiners should avoid using bitcoin and instead move to other networks to transact

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