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Showing 20 of 21 results by Thehallows
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Re: [Round 7] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎
by
Thehallows
on 28/06/2024, 02:30:59 UTC
I've used this app for a while now and I must say it's fantastic for anonymous chatting, long have I worried about sharing my data with different apps, this app lets me chat without sharing any of my personal details, which is great for maintaining privacy, another unique feature I like about it is the ai chatbot that is great at providing assistance and making the overall experience even better. Kudos to the creators, a real problem solver here.

https://talkimg.com/images/2024/06/28/hBXj5.jpeg
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Board Services
Re: [Round 7] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎
by
Thehallows
on 22/06/2024, 20:20:59 UTC
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile
Bitcointalk Rank: newbie
BTC address for payouts:
USDT address (TRC-20) for : TUR8aGnwp5ZpnubWWJKuaar1BSBerwqAsV
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Board Bitcoin Discussion
Topic OP
Caveats newbies in Bitcoin investment should take to notice
by
Thehallows
on 08/03/2024, 00:17:54 UTC
Over the years the business of Bitcoin investment has proven through some persons to be very lucrative and as such has attracted people to venture into it in the hope of coming significant profits too.
However this hasn't always been the case as some tend to record more losses than profits and end up being far worse than how they started
Here we will try to address some reasons for this
First of first,
Newbies in the Bitcoin investment biz should be well aware that getting that desired level of profits is a process and might very well require patience
Once patience is achieved then the bed rock is already in place
Because in patience would more often than not lead into regrettable decisions and in this case, loss.
Also have in mind that it takes continuous work.
It's like owning a plant or pet, just like every other business, it requires attention
So in this case research need to be made constantly as the results of these researches would shape our decisions
Good research would often always produce good decisions which in turn gives good results
Moving on, also have in mind that it is safer not to dive in on your own
Get a coach or mentor or whatever you want to call it
Get someone experienced, someone whose experience can be seen in how much success he has had in the biz
This would reduce the risk of rash and rushed decisions based of ignorance and inexperience
Another is self control
In holding Bitcoin it is not easy to turn a blind eye when you see people selling and making gains
Self control makes you optimistic to the expectation of the price increasing
Though I would say your coach or mentor should recommend on how you hold
These are just a few that I could point out
To all those who see this and have anything to add, please do so and criticize constructively
Let's learn
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Board Altcoin Discussion
Topic OP
Acquired knowledge from cryptocurrency indulgence
by
Thehallows
on 01/03/2024, 15:05:00 UTC
Every user here has gotten a certain amount of knowledge because of experience over the time that we have been in the cryptocurrency space
And there's no doubt that there are also users who haven't had half as much experience and knowledge as the others
What knowledge have you acquired or what particularly investment decision did you make that has shaped you into what you are ?
What project did you regret going into or regret not going into that you feel could have affected you positively
What project did you indulge in that you are thankful that you did or what project are you thankful that you didn't indulge in
Share with us, learn learn from you
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Board Meta
Re: BAN APPEAL
by
Thehallows
on 10/10/2023, 06:38:28 UTC
Hi sir my friends account Macoach was banned earlier today for coping Post without inputing original information Link.
He is still a newbie and I think think he hasn't gone through Forum rules please this is his first time making such mistakes pls grant him an appeal.
https://bitcointalk.org/index.php?action=profile
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Board Bitcoin Discussion
Re: HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION
by
Thehallows
on 28/08/2023, 07:29:12 UTC
You just said a will can be written, WILL contains everything you have, properties, money and so on, if money can be included why not Bitcoin? Anything can be WILL to your offspring.
Yeah, anything can be WILL to your offspring, but adding bitcoin demands that you have a certain degree of trust and understanding with the lawyer managing your WILL
Your bitcoin assets are under the jurisdiction of anyone who knows your bitcoin wallet's seed phrase. Anytime he wants, he may exchange it.

What I would do if I were to include bitcoin to the WILL of my offspring, is to purchase a hardware wallet, give it to the lawyer, and give my children access to the hardware wallet's password. My children should meet the lawyer whenever I am no longer alive because I will specify in the WILL how the bitcoin in the hardware wallet is to be shared
You would be making a mistake if I'm your lawyer I just steal a little of that BTC wealth of yours . For me lawyers ia a no no ill just pass my private diary of to him or I'll just whisper the answer to him with my last breath  Grin
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Board Trading Discussion
Re: Trading is risky, be conscious
by
Thehallows
on 28/08/2023, 07:17:21 UTC
My advice
Tighten your heart and carry your cross its a journey  Shocked
Get information and training on trading .
Also seek a mentor it help you develop strategies fast
Get ready to lose it must happen  Cry
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Board Economics
Re: Increase in stable coins adoption might just be the key to crpyto dominance.
by
Thehallows
on 28/08/2023, 07:07:30 UTC
The reality is stablecoins are not being adapted the way we all wish they would be. Yes, there may be some stores and organizations supporting it as a means of payment, but in what percentage does that just fall? It is nothing compared to the dependency of people on Visa and Mastercard payments. Heck, even small boutiques post signs that state that they accept those two means of payment because they know people dominantly use it. If stable coins disappear, the majority of the world will not care about it; remove Visa and Mastercard and there will be a big problem that will lead to debates and international discussions.
Yeah i do understand your point of view about visa and Mastercard. But you said if 'stablecoins disappear nobody will care' but that's not true.  How would you sell your crypto assets . Would you take your bitcoin to a bank in exchange for fait . The entire world of crypto exchange and its value in a way or two rest upon the presence of stablecoins as a currency. Stablecoins have proven to be a very important part of the crypto ecosystem iss the only save heaven in a extreme volatile market , other crypto assets like BTC can not be used for everyday transactions because their price  fluctuations, the use of stablecoins as an exchange means has increased vastly in recent years .
Stablecoins are really that important for the crypto ecosystem
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Board Economics
Topic OP
Online and offline businesses which more profitable
by
Thehallows
on 28/08/2023, 00:30:41 UTC
Wait a minute I used to think online is the next generation if your not going online your toast but elon musk just lost funds in Twitter trying to take it fully online. He sacked almost all the employees ,replaced them with bots and now he is trying  :-\to sell it . Don't mistake me I'm not trying to criticise the dude but i don't get why this happened for real his plan was nice trying to reduce cost of work . But what went wrong
Twitter usage is really going down I think the app is more boring . What do you think we all know elon this might be another business Strategy right Undecided
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Topic
Board Economics
Re: Elon Musk and the fall of Twitter
by
Thehallows
on 28/08/2023, 00:20:47 UTC
Personal I think what he did wrong was changing the entire company system and rules .in fact he just changed everything so many restrictions and I guess that's why majority of advertising firms stopped advertising there.  He just funked up thinking everything could go his way. He should have followed the system a little and make changes more slowly. Even tho he is a genius ill say its not a smart move from him 'Mr Twitter destroyer' Grin
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Topic
Board Economics
Re: Increase in stable coins adoption might just be the key to crpyto dominance.
by
Thehallows
on 28/08/2023, 00:14:08 UTC
What value stablecoins settle? Go to any supermarket in the world and you'll see people paying with Visa or Mastecard every single minute. But where are the stablecoin payments?  I never encountered a business, even a small one, that accepts stablecoins.

My guess is that most of the activity on stablecoin network is speculative trading, especially by bots. If someone shut down stablecoins tomorrow, the world wouldn't notice. If someone shut down Visa tomorrow, that would be Armageddon.
Many countries are actually adopting crypto as a legal means of payment the only reason visa is still more in use is because many firms are not accepting crypto payments yet and I mean your supermarkets and other physical business that uses faits. And for now there isn't much demand for crypto payments for offline vendors. And I think you haven't read the article yet to see what I'm really talking bout
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Board Economics
Topic OP
Increase in stable coins adoption might just be the key to crpyto dominance.
by
Thehallows
on 27/08/2023, 19:47:17 UTC
I stumbled upon a captivating news piece online titled 'Stablecoins Settled as Much Value as Visa in 2022.' It's quite intriguing. Lately, I've been engaged in discussions with my friends about the implications of the growing adoption of stablecoins as a payment option in the current global landscape. To me, it appears to be a positive trend for the world of cryptocurrenciesand us crypto users. More individuals are becoming acquainted with crypto, and it's increasingly becoming a preferred choice for many.

Personally, this development brings me a lot of satisfaction, particularly because my home country's currency faces significant challenges, making stablecoins an attractive alternative for storing value. Countries grappling with high inflation rates have already embraced stablecoins for mass transactions. Moreover, the adoption of stablecoins could potentially reinforce the position of the US dollar as a global currency since usdt is still one of the leading stablecoin.

Interestingly, beyond developed nations, Visa and Mastercard aren't as dominant. It seems that developing countries are embracing cryptocurrencies at a faster pace than Visa and Mastercard can penetrate. Particularly noteworthy is the utilization of stablecoins to combat local inflation. The traditional card systems rely on banks, and banks often struggle to provide services to lower-income individuals, whereas crypto presents a more suitable solution.

The concept of stablecoins being a gold mine for transaction fees is fascinating. This explains why Visa, Mastercard, and even PayPal are diving headfirst into the crypto realm. The trend is clear: stablecoins are on the rise, and it's only a matter of time before they become as common as gift cards.

For those seeking more information on this topic, you can check out the details through this link: [https://cryptopotato.com/stablecoins-settled-as-much-value-as-visa-in-2022-analysis/].
I'm still super excited and thrilled I can't wait to see how this affect the value of BTC and other crypto assets in the world or even better since more companies are diving into  creating more stablecoins and sooner or later another stablecoin might become more dominant that usdt or thether and we might have a non fait related stablecoin.

This is a summary of the article I read created by a bot the real new is in the link above.

Stablecoins have become a dominant force in the payments industry, settling over $11 trillion in value in 2022, according to a report by Brevan Howard. The report highlights that stablecoin adoption remained strong despite capital outflows from the crypto market. The majority of non-speculative activity in stablecoins is driven by fiat-backed tokens such as USDT, USDC, BUSD, and TUSD. Stablecoin volumes only fell 11% since December 2021, while weekly transactions increased by 25%. The total value settled through stablecoins last year approached that of Visa's $11.6 trillion figure. Ethereum accounts for 50% of stablecoin volume but only 3% of total transactions due to high transaction fees. Tron and Binance Smart Chain account for 75% of stablecoin transactions and 41% of volume. Tether's USDT dominates the stablecoin market, accounting for 69% of supply, 80% of weekly active addresses, and 75% of transactions.
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Board Bitcoin Discussion
Topic OP
a Monopoly-Inspired Journey to Accumulate 1 BTC
by
Thehallows
on 26/08/2023, 02:08:13 UTC
"Hello everyone! I've got a perspective on investing that I'd like to share. Hopefully, it can provide some insights for our future BTC owners to make the most out of their investments. Mant individuals see the journey to 1 btc a very impossible one because of its current price, this thread is for every to put their iq together and work up a solution.Back in my younger days, I was introduced to the classic game of Monopoly – a familiar one for sure. Now, let's take that Monopoly strategy and apply it to the world of cryptocurrency. Imagine I'm aiming to accumulate 1 BTC, and all I have is $30 to start with. How would this journey unfold in the crypto realm? This is a bit of an intellectual exercise, so put your thinking caps on and let's map out our path to the red hotel 🏨 😁. I'm sure this game will be an enjoyable one for all. And hey, let's also invite our experienced seniors to share their wisdom. Here's to aiming for the moon!"
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Board Bitcoin Discussion
Topic OP
Bitcoin holder are not maximizing the bitcoin potential
by
Thehallows
on 25/08/2023, 20:17:03 UTC
It's interesting to note that many Bitcoin holders might not be fully capitalizing on the inherent volatility of this digital asset. The Bitcoin market can undergo price fluctuations of around 3 to 4 times in a single day, which offers ample opportunities for those who choose to engage in active trading.

While the common approach is to view Bitcoin solely as a long-term investment, it's worth considering an alternative perspective – that of an active trader. By delving into trading strategies, it's plausible to generate a daily income ranging from $20 to $30, provided one has a sound grasp of the market dynamics.

For those intrigued by this concept, there's a wealth of information available, including informative YouTube videos that can serve as a starting point for learning about Bitcoin trading techniques. These resources(https://youtu.be/c7VH96My_3I?feature=shared) can provide valuable insights for anyone willing to explore the active trading side of the Bitcoin market.
And in addition I think its right time that everyone that's interested in bitcoin should also start learning about trading since it gives a good opportunity for anyone to earn off bitcoin. What do y'all think bout this ?
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Board Beginners & Help
Re: How to Keep Emotions in Check and Maintain Strategy as a beginner
by
Thehallows
on 23/08/2023, 20:48:58 UTC
Everyone is different, and every situation is special. So, what might work for one person might not work the same for another, and it might not work all the time either. Here are some tips to help you set aside your emotions and stay focus on your trading stratgy.

Make a plan and follow rules you set without breaking them.
Only invest in things you understand and believe in.
Always do your own research and think carefully.
Think about how much you could gain compared to what you could lose.
Try meditation and mindfulness to stay calm.
Only invest money you can afford to lose.
Keep a journal of your trades and feelings, so you can learn from them.
Take breaks when needed.
Find other good things to do like reading, being outside, or spending time with loved ones.
Notice if your actions are causing stress and talk to someone you trust if you're having problems.

Hope this helps!
I don't think any of this shit is important to keep your emotions in check , first why do you have an unstable emotion its mostly because you lack the  confidence and knowledge to get the job done .  I always advice 'get knowledge before going into trading and find a mentor to copy and gain experience quickly.  You can't teach people their emotions that's bullshit
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Board Beginners & Help
Re: Newbies say no to Trading.
by
Thehallows
on 23/08/2023, 17:36:26 UTC

So many newbies have the wrong orientation on bitcoin and they think that it is a get rich quick scheme,which makes them rush into investing and after investing,what comes to their mind next is trading. Trading should be the last thing on  your mind as a newbie here,what matters is after buying your bitcoin is to learn on how you can keep your bitcoin safe and how you can also add to your bitcoin by using the DCA method or how to take advantage of the market when bitcoin price dips. The best way a newbie can make profit from bitcoin is when he holds his bitcoin for a very long time and the profits will come by itself and not through trading.

Trading is done by professional and people who understands the fundamental analysis and technical analysis,you still also need to know the risk management in trading. All these put together can't be learnt in two months that is why a newbie should shy away from trading and don't think that trading is very easy and rush into it,or else you will end up losing your bitcoin to a professional trader because even the professional traders also run at loss. Don't see bitcoin trading as job that you can use to earn a living because you will get disappointed after a great loss,or something that you can use to earn high profit within a short period of time because that is not how it works.

 Don't quit your job because you just purchase some fraction of bitcoin, and use like 10% of your income to buy bitcoin monthly or weekly and hold for a very long time because this is the only way that you can enjoy from your bitcoin investment. Your bitcoin at hand is worth more than millions in the market and don't allow your greed or anxiety to trade make your loss your bitcoin because it is more precious than gold when you HodLi. Any fraction of bitcoin that is gone wouldn't be easy to replace back. Learn and have a concrete knowledge on whatever you want to use your bitcoin for before rushing into it. The forum is where you can learn a lot on bitcoin and DYOR.

What are your suggestions on this my seniors. I want to hear from experience members.
I don't really think that's the case. I just believe it's miss information and I've also fallen for that before . My advice for anyone going into trading is you must get prior information about trading and seek out a mentor to follow in his footsteps so you won't find it hard to develop your own working strategy, and most of all be patient trading is a skill you must develop it. And I don't see why I should quit my job just for a gold rush . Quit absurd
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Board Trading Discussion
Re: newbie with newbie questions
by
Thehallows
on 23/08/2023, 12:17:11 UTC
So, I was wondering how you do trading?
Welcome to the forum, fellow newbie! While trading comes with its fair share of risks, it also offers the chance to grab some sweet profits and potentially even live off them (if you're trading to make a living). Now, I don't want you to go down the same rabbit holes I did, so here's my nugget of wisdom: before you leap into trading, find a mentor, arm yourself with knowledge about the ins and outs of trading, and most importantly, embrace patience. Trading is a skill, and skills take time to hone, so no need to rush it.

As for my master plan, I'm all about that buy-and-hold strategy during this bull run – can't wait for the bear to strut its stuff.

Speaking of strategies, I'm a proud scalper. Why, you ask? Well, let's just say that my emotional control isn't exactly as strong as the Hulk's, so I prefer those quick in-and-out trades.
1. Which exchanges you use and why?
And when it comes to exchanges, Binance is my jam. It's user-friendly, the fund withdrawals are smoother than jazz, and they sprinkle in some nifty tips to supercharge your dollar-cost averaging strategy – that's if you're into that sort of thing.
2. Proces... so first you screen the coins, how? You get signals from somewhere? Where? Telegram groups? Is it reliable? You pay? After screening the coins then proceed to technical analysis or chart analysis? You do daily trading, scalping, swing... what is your method and why??
Now, about signals – trust me, as a fellow newbie, I'd say steer clear of 'em. 🙃 It's better to get your hands dirty, learn the ropes, and find your own groove in the trading world. Wishing you all the luck in your trading adventures! May the crypto odds be ever in your favor! 🚀🌟
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Board Bitcoin Discussion
Topic OP
How do you go about realizing gains? If you opt not to, what is your reason?
by
Thehallows
on 22/08/2023, 22:53:31 UTC
We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.
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Board Beginners & Help
Topic OP
Could stable coins save a deprecating economy
by
Thehallows
on 17/08/2023, 11:01:44 UTC
 Introducing stablecoins as a major currency in countries experiencing economic instability is an interesting idea that has both potential benefits and challenges. I don't really know if this would be a good idea but I think this could help many countries that are facing a real currency depreciation.
This are some of the benefits I think I could bring

Stability: Stablecoins are designed to be less volatile than traditional cryptocurrencies like Bitcoin or Ethereum. This stability could provide a more reliable medium of exchange and store of value, especially in economies with rapidly depreciating currencies.

Inflation Control: Stablecoins are typically pegged to a stable asset like a fiat currency or commodity, which could help countries better control inflation and manage their monetary policy especially in African countries.

Financial Inclusion: Stablecoins could increase financial inclusion by providing access to digital financial services for individuals who are unbanked or underbanked.

Reduced Transaction Costs: Digital transactions using stablecoins can potentially be more efficient and cost-effective compared to traditional payment systems, especially for cross-border transactions.

Please share your insights on this topic.
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Board Nigeria (Naija)
Topic OP
Could bitcoin help Nigeria falling economy
by
Thehallows
on 15/08/2023, 10:44:19 UTC
If Nigeria where to accept bitcoin as its national currency would this help our country's current economy and how