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Showing 20 of 1,338 results by bits4books
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Board Altcoin Discussion
Re: Be careful what you choose to invest in now, not all coins will recover.
by
bits4books
on 27/08/2021, 11:46:09 UTC
Its always safer to invest only in top atls with real value and user base
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Topic
Board Economics
Re: Inflation expected as high as 4% in Apr in USA
by
bits4books
on 18/06/2021, 11:03:33 UTC
Mad money printing may kill any currency, even USA
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Topic
Board Bitcoin Discussion
Re: Reactions From Musk's Bitcoin criticism
by
bits4books
on 16/05/2021, 07:22:49 UTC
Fear and greed index show really big fear index. Thats the main reaction to Elon statement, cmon
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Topic
Board Bitcoin Discussion
Re: Bitcoin is falling down. Is it the end for it?
by
bits4books
on 20/04/2021, 06:15:16 UTC
After every dump people creates incredible amount of threads like this here
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Topic
Board Bitcoin Discussion
Re: Safest way of long term holding
by
bits4books
on 21/03/2021, 08:34:57 UTC
There are a lot of tools for offline generation of paper wallet. You could even disable internet on you computer to do is safier. Or use one-time VM for generation of keys
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Topic
Board Services
Re: Visa cards affiliate program from OWNR
by
bits4books
on 12/03/2021, 07:00:08 UTC
Do you have signature program for this offer? Im ready to wear it. We need more crypto bank card for higher adoption
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Topic
Board Services
Re: [Open] ▄■▀■▄ 🌟Bitvest.io🌟 - Plinko Sign Camp (Member-Hero Accepted)(New2)
by
bits4books
on 27/02/2021, 11:05:41 UTC
Hello. Sad to inform you that I will leave this signature company. Thanks for your work and payments. Good luck!
Post
Topic
Board Economics
Re: Central Banks money and blame for printing this is what I think
by
bits4books
on 20/02/2021, 15:11:07 UTC
Of course, I WILDLY apologize, but let's be honest - cryptocurrencies as such creates money out of thin air.
I still strongly advise you, as I have done many times, to read at least a basic overview course of economics to learn how money is created. Maybe then you will stop writing such delusional things and realize that everything is not as simple as "the printer go  brrr" and that "damn bad banks getting richers while Im» not. All right?"
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Topic
Board Altcoin Discussion
Re: Online Education, the future of learning?
by
bits4books
on 20/02/2021, 15:02:20 UTC
Do not make the classic mistake of a beginner in the knowledge of the blockchain. You want to pull an owl on a globe using blockchain in online training. Yes, you can knit an assessment system on it (so that it is impossible to fake grades), use it to register students for courses or departments, and at least write out food stamps in the nearest cafe-partner of the university. But why all this? An absolutely useless use of technology. Don't do it like that - it only makes life more difficult for yourself and others. We stil have SQL there
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Topic
Board Altcoin Discussion
Re: And yet another problem for promoters
by
bits4books
on 20/02/2021, 14:50:44 UTC
Why BTC? It seems to me too expensive to pay in BTC - or rather to early, to talk about paying in BTC now, because it is generally not profitable for anyone to pay in BTC, for example. Everyone wants to keep or get their profit.
There are a bunch of other coins and tokens that can be used to pay out bounty . Just wondering, why did you choose TRX as the second choice?
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Topic
Board Economics
Re: Citi Can’t Have Its $900 Million Back
by
bits4books
on 20/02/2021, 09:10:44 UTC
If your pencil does not write well - do you buy a new one or sharpen your own / insert a new rod?

The problem with Citibank is that their program had the most disgusting interface, which is also very easy to mistake. The main problem is not that Citibank made a mistake and now can not return the money, but that Citibank MADE a MISTAKE BECAUSE OF the SHITTY DESIGN OF ITS OWN SOFTWARE and this must be understood.

Inventing another useless altcoin in order to fix this is shooting a cannon at sparrows. It is enough to bring a normal approach to the design of internal software so that such mistakes do not happen again.
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Topic
Board Economics
Re: Nigeria led global crypto adoption in 2020
by
bits4books
on 20/02/2021, 07:59:25 UTC
I am not sure that the adoption of cryptocurrency in Nigeria is going so well because of the fact that they are doing well. It seems to me that if we compare countries with an increasing level of use of cryptocurrencies and their economic and social conditions, we can come to very interesting conclusions - the worse the country, the better it adopts in cryptocurrencies. I think this is a bad reputation for this tool and this is not a reason for pride but a reason for excitement.
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Topic
Board Economics
Re: Remember it won't rise forever, get ready for a bloodbath.
by
bits4books
on 20/02/2021, 07:41:44 UTC
It was possible to take out a loan for BTC in the middle of last year and this would be a good solution. Now it will be as stupid as shooting yourself in the face and thinking that you will miss - the chance is incredibly small, you can say that zero.
And in principle, one of the main rules of trading - do not trade with loan money if you are not sure that you will win. Now there is no certainty about this for sure, because now is really the time to close all your debts and fix your profits, and not try to snatch more.
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Topic
Board Economics
Re: Does Bitcoin Help The Poor
by
bits4books
on 20/02/2021, 07:17:23 UTC
I'm sorry, but these points are sucked out of the finger. With the same success I can write that "Bitcoin is helping the criminals."

#1 BTC is Hard to Track
Which allows the criminal world to use it and other coins for their "black" calculations so as not to use fiat money.

#2 BTC allows you to Sell Illegal Goods
Thanks to the anonymity of BTC and mixer services, you can safely buy drugs/weapons/prohibited substances and so on on the black market and at the same time not light up fiat money that is easy to track (easier than cryptocurrencies)

#3 BTC expands the possibilities of the criminal world
Thanks to its decentralization and lack of control, criminals can freely transfer their money between countries without the risk of being noticed by financial supervisory authorities and the police, which greatly simplifies life.

And who's right about that? Do you think that BTC helps the poor, or do I think that BTC helps criminals?
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Topic
Board Economics
Re: Are institutions hedging?
by
bits4books
on 20/02/2021, 07:01:31 UTC
This is normal marketing and nothing more. An attempt to attract a new audience to your products by getting closer to this audience through their hobbies and interests.
If tomorrow everyone suddenly starts cutting down all the trees on the planet-then the corporations will immediately connect and show that " hey, we are the same as you buy from us!" "it always is.
I don't think there's any hidden meaning here, it's just an extension of your own audience.
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Topic
Board Economics
Re: Risk-takers always ahead financially
by
bits4books
on 20/02/2021, 06:55:09 UTC
Loving risk and being aware of risk are completely different things.
You can love risk but absolutely do not understand its consequences in case of anything, and you can calculate your actions and take risks consciously.
Any risk without a cold and precise calculation is a jump from a parachute only without a parachute.
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Topic
Board Economics
Re: Loan scam in India allegedly headed by a Chinese Narional
by
bits4books
on 20/02/2021, 06:48:35 UTC
And this is a really critical problem - with the help of cryptocurrencies and fraud with them, you can deceive people in big quantity and not bear any punishment for this, because you can very easily hide yourself.
If some impure microfinance organization working with Fiat will behave like this, it will immediately be closed, convicted, fined and returned (not always, but still) the money to the victims.
With cryptocurrency, you sometimes can't even know who is really behind all this and you have no one to complain to. Until this is fixed, any talk that "everyone needs cryptocurrency" is as pointless as fighting Poseidon by throwing spears into the water.
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Topic
Board Altcoin Discussion
Re: In which token i invest?
by
bits4books
on 18/02/2021, 17:29:21 UTC
Quote from: raes on February 13, 2021, 02:49:47 PM
Quote from: bits4books on February 13, 2021, 02:41:37 PM
Tip: find another $ 200 and invest it somewhere else. Or increase your ETH by another $ 200.
These are quite small amounts to strongly disperse your portfolio and it is better, at $ 200, to choose one thing. ETH is not a bad choice, even a good one, so leave 0.11 alone and just keep an eye on the market - to turn your 0.11 ETH into something more than $ 200 in time.
The OP wrote this at the end of last year. I think when he didn't change his ETH to another altcoin the value has increased at this time. but if he has already changed his assets, hopefully, he will also hold the assets that followed the pump at the beginning of this year.

In this case, the best strategy for him would be to simply buy more ETH and not touch it.
I am not sure that it is worth overthinking about so low amounts. First, you should reach the current threshold of $ 1k before thinking about other directions, because this is the amount at which you should start looking "in other directions". And until the OP reaches at least 1k I advice him just continue to buy ETH is really the best thing that can be done to him.
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Topic
Board Economics
Re: Are institutions hedging?
by
bits4books
on 18/02/2021, 17:26:25 UTC
Quote from: FanEagle on February 13, 2021, 04:17:16 PM
Quote from: bits4books on February 13, 2021, 09:58:22 AM
Hiding from the crisis in cryptocurrencies is a pretty stupid idea. And not even because during the crisis in recent years, there is a tendency to print money to get out of this crisis, which leads to inflation - but because during the crisis, cryptocurrencies fall in price and/or stop their growth, just like the regular stock market. You think that cryptocurrency is a safe bunker during a crisis, but in fact it is just as much a bungalow made of straw as fiat currencies. What difference does it make how much money you have if the real purchase power doesn't depend on it?
The difference is that on a regular day crypto still keeps going whereas money keeps losing its value. For example, if you had 1 million dollars at the start of 2020 and you had 1 million dollars worth of bitcoin at the start of the year, that 1 million dollars in cash couldn't even buy you the same things, why? Because inflation made things more expensive, but that 1 million in bitcoin would have been 7 million dollars or so right now and could have bought anything you wanted and then some.

Long story short sure during the march fall just like how markets dipped, oils dipped, gold dipped, during that period bitcoin dipped as well I get that, but this is cash versus bitcoin and bitcoin wins every single time, if you want to go with stocks go ahead who can stop you, maybe you will find a stock that is more profitable, but bitcoin is a currency and it is a better currency than dollars or any other ones.

The purpose of money and the purpose of BTC are two different things.
"The purpose of BTC" is a conditional eternal growth, which to one degree or another is one of the motives for inflation, because in relation to the dollar it is indecently expensive (hello 51k). It's growth for growth's sake.
And the purpose of money is an opportunity here and now buy anything without unnecessary stages to buy/sell something and at the same time instantly. I'm not talking about the fact that buying a conditional property today, you thereby bring money into a state of "eternal growth" - until you decide to sell this property (I don't know about your country, but in my prices for real estates only grow).

The main problem is that BTC does not create anything but even more dollars, thereby motivating inflation, when the dollar itself does not do this
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Topic
Board Altcoin Discussion
Re: Best Altcoin to invest
by
bits4books
on 18/02/2021, 17:15:07 UTC
Quote from: xZork on February 13, 2021, 07:17:34 PM
Quote from: bits4books on February 13, 2021, 03:05:12 PM
One word - DOGE. While the guys from Reddit are playing with it and raising it up while Musk writes that "doge is cool" and puts the BTC tag in the profile, it is not ironic to invest in doge and wait for a quarter. You will be pleasantly surprised by how much you will win.
Maybe Doge coin is the most mentioned altcoin in recent times, but its price is too high, people are easy to get FOMO if investing in Doge coin at this time. So I think investing in Doge coin at the moment is very risky.

Let's not forget that we are talking about cryptocurrencies where the words "too high price" "overvalued" and "need to buy" are often the same thing. Buying Doge now is likely to be as good an idea as buying BTC in 2012 and holding it until 2021. I do not think that buying a Dodge is something bad. After all it's just a nice funny yellow dog. Elon  will save it