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Showing 20 of 20 results by Novice08091
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Topic
Board Beginners & Help
Topic OP
What will be the effects of China's central bank declaring all crypto illegal?
by
Novice08091
on 11/10/2021, 20:28:26 UTC
My taught On the Chinese people? It will make cryptocurrencies like Bitcoin illegal. Anyone who uses crypto becomes a criminal. I don't actually think their laws will get rid of crypto. Instead, people who don't like being under the harsh thumb of the CCP will utilize privacy cryptos like Monero. I won't be surprised if new internet and cryptocurrency privacy is developed because of the Chinese. There is now a market of potentially 1 billion people who want internet and monetary secrecy. Even if only 1 percent of the Chinese people want/need privacy crypto and internet that's a market of 10 million users! The CCP has planted the seeds of the rebellion that will throw them out of power and they don't even know it.
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Topic
Board Off-topic
Re: Idea for a 'Squid Games'-type merit quest for newbies
by
Novice08091
on 11/10/2021, 20:04:03 UTC
The game is damn sweet and interesting one, what are we waiting for let the game begins am all in.
Post
Topic
Board Development & Technical Discussion
Topic OP
Now that BIP91 has been locked in, when will Bitcoin upgrade to the Lightning ne
by
Novice08091
on 11/10/2021, 17:12:25 UTC
Never let me explain.

The Lightning Network is a tool designed to leverage smart contracts for settlement of Bitcoin transactions off chain cost efficiently.

With the intent of allowing users to make real time micro payments for services using Bitcoin and other cryptocurrencies.

Periodically the lightning network communicates with Bitcoin’s blockchain. Updating the ledger to reflect the current status of transactions amongst Lightning networks users.

So it is facilitating transactions that are either to small or need to be conducted to quickly to leverage Bitcoin for. And then periodically updates the Bitcoin Blockchain with the records of the transactions occurring across the network.

There is not currently a proposal I’m aware of to incorporate the Lightning networks code into the Bitcoin Core. And if the code was incorporated there would be no need for it to exist. So I don’t think anyone is incentivized to invest the effort needed to make this happen.

So perhaps I shouldn’t say never. But currently there are no efforts being made to do so.
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Topic
Board Off-topic
Re: Is money evil
by
Novice08091
on 11/10/2021, 17:01:58 UTC
Love of money isn’t the root of all evil. It didn’t even exist for the majority of our species history, and yet people still raped, murdered, stole, cheated, and lied. Money certainly creates all sorts of problems for us, but it’s far from the cause of all of our issues.
Post
Topic
Board Altcoin Discussion
Re: Is USDT a trustable?
by
Novice08091
on 11/10/2021, 07:40:46 UTC
I don't hear any bad news on USDT because you can Compared with other mainstream currencies, USDT is relatively stable, and the growth rate will not fluctuate greatly, and its exchange rate is basically the same as that of the US dollar.
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Board Trading Discussion
Topic OP
Is Shiba Inu Coin a better investment than Dogecoin?
by
Novice08091
on 10/10/2021, 20:21:05 UTC
Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best.
I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
Post
Topic
Board Beginners & Help
Re: How to earn Merits?
by
Novice08091
on 10/10/2021, 20:03:18 UTC
Sir/ma i will like you to be calm and study, understand the forum very well and at least know what this forum is made of follow the rules and regulations after that you will understand what is it to get merit.
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Topic
Board Beginners & Help
Topic OP
What if the founder of Ethereum sells all the Ethereum he has in his wallet?
by
Novice08091
on 09/10/2021, 19:43:21 UTC
Am certain ethereum will crash In the same way, as if Jeff Bezos sold all his Amazon shares overnight. Amazon's share price would plummet.
Why would that happen? Simply because the market would have big doubts about the survival of Amazon and here of Ethereum.
Everyone would say that if Vitalik Buterin is selling all his ETH, he knows about something serious that we don't know about.
Vitalik Buterin, like Jeff Bezos, has no interest in doing this. Worse, he would be forever hated by the Ethereum community and could do nothing in the cryptocurrency world.
It is not in his interest to do this as it is for Jeff Bezos with his Amazon shares.
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Topic
Board Bitcoin Discussion
Why does the crypto market fluctuate so much every day?
by
Novice08091
on 08/10/2021, 16:58:14 UTC
The one question most troubling to a majority of investors is: Why is cryptocurrency so volatile? The cryptocurrency market has been volatile from the beginning but the last few months have been particularly a wild ride. There are a few factors that determine the trajectory of this market.
Speculation - The cryptocurrency market thrives on speculation. Investors bet that the prices would go up or go down to make profits. These speculative bets cause a sudden influx of money or a sudden outgo, leading to high volatility.
Developing Technology - The blockchain or other alternative technologies on which these coins function are still evolving. It has only been a decade since the Bitcoin idea was first proposed.
Emerging Market - Cryptocurrency is still an emerging market, gaining rapid popularity as well fuelling quick disenchantment among investors. Despite all the media attention, this market is still minuscule when compared to traditional currencies, or even gold. This means even smaller forces – a group of people holding large amounts of crypto coins – can influence the trade. Even if they sell only Bitcoins, it would be enough to crash the whole market.
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Topic
Board Economics
Re: How to protect from inflation?
by
Novice08091
on 07/10/2021, 09:56:08 UTC
Inflation is caused somehow by governments printing more and more money higher than the real GDP growth rates or faster than the real expansion of yearly production of goods and services produced . More money printed causes the real value of a unit currency including the US dollars to depreciate in terms of purchasing powers .
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Board Off-topic
If Elon Musk has no salary in Tesla, how does he get the compensation packages a
by
Novice08091
on 07/10/2021, 09:13:46 UTC
In 2018, Elon Musk negotiated a pay package that was the subject of much controversy.
At the time, Elon Musk agreed not to receive a salary for his role as CEO of Tesla. He also agreed not to receive a bonus.
Instead of the traditional CEO compensation package, Elon Musk requested a financial compensation package based solely on performance.
This is something that fits perfectly with Elon Musk's mentality.
Each time Tesla's market cap would pass certain milestones, Elon Musk would then receive stock options from Tesla.
It would start at $100 billion and go up to $650 billion.

At the time, Tesla's market cap was $50 billion. Few people thought Elon Musk would come out a winner in such a deal.
And then the year 2020 came along. A pandemic hit the world. The Fed's response to the economic crisis that hit the world created a tech bubble that allowed Tesla's market cap to increase tenfold in one year.
In early 2021, Elon Musk became the richest man on the planet. His gamble paid off.
As a matter of fact, daring always pays off in life. A beautiful lesson for the rest of us.
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Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Do you want to see Bitcoin legal in your country?
by
Novice08091
on 06/10/2021, 22:23:56 UTC
⭐ Merited by Ratimov (1)
Yes I will love too but it being ban in my country due to some issues which people using it to laundering money mostly the government in my country was now corrupt using bitcoin for there bad things, now it being but the truth there is that i will be happy if bitcoin can be legally back in my country it will help the economy but the bad people there is the problem using it as there own interest.
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Topic
Board Trading Discussion
How can you easily make money with cryptocurrency?
by
Novice08091
on 06/10/2021, 22:10:12 UTC
It’s little wonder there’s renewed interest in learning how to make money with cryptocurrency. Although sharpening your trading skills and throwing yourself into the markets is the most common way of generating income.
1. Get involved with crypto staking

Speaking of Ether, work is continuing apace on the move to a Proof-of-Stake ecosystem, in an upgrade that’s being touted as Ethereum 2.0. Staking involves locking up your cryptocurrency and receiving a reward by serving as a validator node – verifying transactions as they come in. The cost of running your own node can be prohibitively high for casual investors (it requires a stake of 32 ETH), but a plethora of trading platforms now allow you to get involved with much smaller amounts – without requiring to have technical know how.
2. Explore yield farming and liquidity mining

Some of the most popular ways to make money with cryptocurrency these days can be found in the world of decentralised finance (DeFi). Yield farming has proven especially sought after. Otherwise known as liquidity mining, this essentially can be described as a more technical, involved alternative to staking.
3. Seek out arbitrage opportunities

Another top tip as you learn how to earn money from cryptocurrency is to keep an eye out for arbitrage opportunities. This is where crypto enthusiasts capitalise on the fluctuations in prices that can emerge between trading platforms. While Exchange A may be selling BTC for $46,000, Exchange B might currently have a quoted price of $46,200. Exploiting the difference between the two can unleash some very healthy profits – but there are risks to consider. Prices can change in the blink of an eye, and you’ll also need to account for the transaction fees that might eat into your razor-thin margin.
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Topic
Board Off-topic
Career Vs Family: What Would You Choose?
by
Novice08091
on 06/10/2021, 07:47:54 UTC
One of the challenges facing many people today is balancing career and family. Many people find it easy to defend the long hours and the endless attention they give their jobs. “After all, without the job, the family suffers financially,” they claim.

It is a fact that in order to ensure that a family is taken care of, you need to spend the time necessary to keep your business or career moving forward. But as much as this makes sense; it has led to the breakup of many relationships and families.
If your career is contending with your time for family, what would you choose?
I need your opinion here please
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Topic
Board Altcoin Discussion
Re: Minereum withdrawal?
by
Novice08091
on 06/10/2021, 07:13:33 UTC
Almost everybody have that fucking shit coin bro the project is nothing but scam just let it go don't even look at the worth again because is going to make you feel why isn't tradeable don't worry just let this go, more better project out there to look after bro.
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Topic
Board Beginners & Help
What are the biggest career mistakes to avoid?
by
Novice08091
on 06/10/2021, 07:05:45 UTC
The most common career mistake is people thinking that higher education or beyond will materially help them in their jobs, and so they spend too much time in academia.

I get so many people asking me how I managed to get into investment banking with a degree in physics. Within a few months the finance or economics guys had no advantage over me - I knew what I needed to know as well as them - most of the stuff they had learned at university was useless on the actual job.

Humans adapt amazingly well, but that adaptation is incredibly specific.

Studying computer science isn’t programming. Doing an MBA isn’t running a business. And studying finance isn’t living investment banking.
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Topic
Board Off-topic
Re: What do you think about online dating?
by
Novice08091
on 04/10/2021, 22:37:31 UTC
Nothing bad at all because i met my wife through online and we started well now we building a great family together and living a good life, i don't think there wrong in online dating when you met the right person
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Topic
Board Off-topic
Re: How Can I Boost My Immune System
by
Novice08091
on 04/10/2021, 09:59:07 UTC
Try and stay healthy, don't worry too much about things and keep happy and make sure you quit smoking, Eat a diet high in fruits and vegetables.
Exercise regularly.
Maintain a healthy weight.
If you drink alcohol, drink only in moderation.
Get adequate sleep.
Take steps to avoid infection, such as washing your hands frequently and cooking meats thoroughly.
Try to minimize stress
Post
Topic
Board Beginners & Help
Re: [Merit] Hey Newbies! Can You Sign A Message?
by
Novice08091
on 04/10/2021, 09:19:24 UTC
-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Novice0891 from bitcointalk.org, today is October 4th 2021 and i can sign a message
-----BEGIN BITCOIN SIGNATURE-----
Version: Bitcoin-qt (1.0)
Address: 1JzBBTwQVFBQ6AXNnkhBWnC7nqy7qb8GR8

H96OA9ILcvajPOlTY5sOY5Pf6BmCUJDvCT8LeqatBP83dODyDqOLFkm096qAZJ0ozSV0rO4HmO0BFll zO7FfHbg=
-----END BITCOIN SIGNATURE-----
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Topic
Board Speculation (Altcoins)
Re: TRX to $1?
by
Novice08091
on 03/10/2021, 14:48:38 UTC
The market of cryptocurrencies is highly unpredictable. Even though it is getting matured day by day but still market is mostly news driven. The price can only be predicted if market moves because of fundamentals then other activities.