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Showing 20 of 1,799 results by error08
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Board Economics
Re: The American Dream. What is Your Country's Version of it?
by
error08
on 03/08/2023, 13:17:08 UTC
... With a high unemployment rate, housing crises, increasing student debts, inflation, recession, wars, famine, high interest rates and all those factors that affect the economic mobility of many families both in America and all over the world threatening to wipe out the middle class, would we still say that  the American Dream exist? Is it still achieveable or attainable?

what shall we say about a country wherever it is will always be different regarding the dreams of its citizens which will lead to the Ideal Nation. The reality is many people living in poverty, homeless, and low-income scrabble to survive in America, most of them are like that probably because of the consequence of drugs or the social environment. The American Dream still exists but not everyone is able to achieve it.
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Board Bitcoin Discussion
Re: Strong Hands Are Buying
by
error08
on 01/07/2022, 14:04:25 UTC
strong hands I think those who can defend and the strongest hands are those who prepare funds to multiply bitcoins when they fall...
regardless of the next day and month it may fall even more ..... because not everyone has the opportunity to add assets because there are no funds for it

Whoever has funds to invest in bitcoin will buy now or later, whether a country or an institution since bitcoin is still going to rise and has still been one of the most significant choices for long-term cryptocurrency investment. Although some predicted bitcoin may fall another 84%-855 from its ATH at $69k, no one really knows what the future will brings to the market, but so far $17,7k is still the lowest price since November 2021.
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Board Economics
Re: You win or you learn.
by
error08
on 21/06/2022, 23:15:23 UTC
Like many others, I myself also made a huge loss in this recent BTC crash.


you will only have losses if you sell your coins, imagine that you bought when the price was 50,000$, so at the moment you bought you had to have already considered the money invested as something that you could lose at any moment, with that thought in your head everything what you would need to do and be patient and not sell at a loss and wait (even if it takes centuries) that one day the price will be above 50,000$, while you wait for the price to recover you can buy bitcoin with each price drop, that way in At the end of the day you will be profiting and you can even recover your loss very soon. nothing is lost, you don't have to go into depression, you just need to believe and you have to use your head

it also contains losses when someone buys bitcoin at $50k but doesn't sell it at $60k, as the market price of bitcoin keeps fluctuating due to volatility, we all want our investment or portfolio to increase over time not the other way around, because it's better to sell bitcoin at that price higher and buy back at the lower price as the current price at $20k.
but for numerous people who miss taking advantage of the bitcoin price that has plummeted, yes it is better to hold on to what you have, don't sell it at loss.
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Topic
Board Bitcoin Discussion
Re: 8 months low, no better time than now.
by
error08
on 20/06/2022, 15:43:18 UTC
More likely 18 months low, since the last time bitcoin climbed to $20k was in December 2020 and ramped up to ath at more than $67k in November 2021.
Considerable occurrences that happened this year such as the great fall of the Luna coin that raised concerns for many investors and governments, the Fed increasing interest rates, and the inflation rate increasing to 8.6% in the US which definitely has impact on the crypto market.
The time has come for bitcoin to re-enter the cycle that has fluctuated quite a lot, the price may hit the lowest at $17k this month but eventually will increase, don't panic selling and keep hodl.
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Topic
Board Speculation
Re: Will BTC reach $100,000 in December?
by
error08
on 02/11/2021, 00:49:56 UTC
Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin
Your friends believe are just based on assumption that has no base which I believe is just a mere speculation that has no back evidence to support it. Although, Bitcoin may hit another all time high before end of this year but that doesn't mean it will reach $100k before December ending of this year. Not possible.
Yes, $100k is yet too far at this time,  might $70k or $80k be the most possible reach if there is another ATH this year. We can be in such optimistic and you're right, it never makes sense if there is no basis and in fact, we want realistic, not fantasy.
Anyways, we make fun of doing this, everything is unpredictable and I understand that some people have been so optimistic but bear in mind that we don't have to expect more because it will only give us frustration when we got wrong.

Bitcoin price has always been speculation so far, based on several circumstances as the basis for price forecast such as supply and demand, dominance, market sentiment, adoption, moving average so on and so forth. There are many predictions that speculate bitcoin could hit $80k-90k in this month and reach $100k by the end of the year. (read 1  and 2) so, it is possible for bitcoin to reach that milestone in this year.
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Topic
Board Bitcoin Discussion
Re: Banks either adapt or face death
by
error08
on 01/11/2021, 02:36:53 UTC
Crypto is a combination of binary data, some designed to be decentralized, centralized, regulated or unregulated.
Banks or Financial institutions could adopt cryptocurrencies or blockchain technology, however, the uncertainty around the central bank that has the role to establish and regulate monetary policy, regulate and supervise commercial banks become a hindrance. Nevertheless, there are some government and central banks that allow cryptocurrency as a means of payment but there are some that prohibit cryptocurrency.
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Topic
Board Bitcoin Discussion
Re: Increasing acceptance level - Cryptocurrency
by
error08
on 05/08/2021, 10:35:42 UTC
one of the hassles for people using bitcoin in the daily transaction for sure, depends on the market condition it can take in a blink of an eye to be confirmed or waiting for hours.

it doesn't matter at these times as we can pay 1-10 sats/b and it will be confirmed within minutes, but when the price of bitcoin increases, we have to pay a higher fee and wait

for a longer time, very inconvenient. Hence, there are a lot of cryptocurrencies that offer instant confirmation and lower fees for transactions.
Post
Topic
Board Altcoin Discussion
Re: Altxoin downtrend
by
error08
on 16/06/2021, 16:48:33 UTC
A normal cycle in the market, most of the time altcoin price one step behind bitcoin or depends on the market dominance, the trend in the market, some coins may increase higher than bitcoin (in percentage). However, bitcoin price does affect altcoin prices as a result or effect that makes it vulnerable to market sentiment.
The best time to sell altcoins may have passed, and now is the opportunity to wait for lower prices to buy back and wait for the next rising wave if the bullish trend is still going to continue which is predicted in August until the end of the year, just be patient.
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Board Services
Re: [OPEN] Kardiachain Signature Campaign | Accesible Blockchain for Millions
by
error08
on 15/06/2021, 02:54:04 UTC
I would like to participate if eligible

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=587882
Current amount of Posts (Including this one): 967
Segwit Bitcoin Wallet Address: bc1qdwh955guc8afhkx7m09wjlvjdswnrahz3jsdvd
EARNED merit in the last 120 days: 5

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Board Trading Discussion
Re: This is why you DON'T want go short now 84% of the bearish options has wiped out
by
error08
on 26/03/2021, 17:22:54 UTC
When bitcoin hit $60k a week ago, that's the point to take profits, after the correction has come, daily traders looking for such an event to stacked more coins, hence whoever short at the bottom after correction will regret it eventually, too late to sell at this point when bitcoin predicted to recover soon after the expiration date of the options as people will buyback for sure. Bitcoin should recover in the next week, it's time to buy more coins not the other way around.
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Topic
Board Speculation
Re: The Impact of US dollar on Bitcoin
by
error08
on 26/03/2021, 10:48:48 UTC
the effect of USD strengthen would be insignificant against bitcoin, people don't sell bitcoin just because of a slight increase in the value of a currency, which is basically depreciating in the long-term, simply inevitable. The central bank could print money infinitely depends on the U.S. Federal Reserve decisions but the limited supply of bitcoin make sure its value will increase over time. However, the rise and fall of bitcoin value depend on the market demands at a certain period of time, especially in this year, if there are some corrections it's a normal thing as people want to take profits and withdraw their money.
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Re: Ideaology Signature and Avatar campaign[OPEN]
by
error08
on 26/03/2021, 10:06:16 UTC
Bitcointalk Username: error08
Profile link https://bitcointalk.org/index.php?action=profile;u=587882
Post Count: 1821 (including this one)
btc address : bc1qdwh955guc8afhkx7m09wjlvjdswnrahz3jsdvd
Forum Rank : Hero Member
Wear sig and avatar : yes
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Re: [OPEN]Blenderwallet.io Signature Campaign | Sr. Members+ ~ Up to $70/Week
by
error08
on 24/02/2021, 10:10:08 UTC
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=587882
Current amount of posts (including this one): 1823
Amount of EARNED merit in the last 120 days: 8
bech32 BTC Address for Payouts: bc1qdwh955guc8afhkx7m09wjlvjdswnrahz3jsdvd
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Board Economics
Re: JP Morgan says large firms will not follow Tesla's bitcoin move
by
error08
on 11/02/2021, 06:25:37 UTC
JP Morgan predicts bitcoin price could rise to $146k in the long term as institutional investors continue to increase their portfolios with the cryptocurrency at the expense of gold, stated in the news on January 5th, later in their next statement when bitcoin price fall to $30k; analysts at the financial JP Morgan Chase doubt that the electronic currency can be traded above $ 40,000 again. Seems their words and predictions contradict each other, not to mention their act to possibly buy bitcoin.
Grayscale, Microstrategy, and Tesla have been investing in bitcoin, how could it does not trigger others to follow their path? it just the early days of 2021, bitcoin still has a lot of room to grow this year upon inflation and depreciation of fiat currencies.

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Topic
Board Bitcoin Discussion
Re: How to make money from Bitcoin in 2021
by
error08
on 10/02/2021, 09:45:18 UTC
Daily trading seems like a game of fortune for most people, not for everyone but for those who know to read the charts and calculating the probability, but not necessarily day trading to make profits, just buy and hold cryptocurrency like bitcoin, eth, and ltc for several weeks or months, it surely is profitable.

Bitcoin mining has a lot of variables, bitcoin price, costs of mining hardware, and electricity, then you will need to earn enough bitcoin from mining to cover the continuous costs of mining 24-7. Furthermore, since the difficulty of mining bitcoin increases it has become arduous for individual miners to get the best hardware and making profits against bitcoin farms that operate at scale use these advantages to maximize their earnings.

The best way to earn bitcoin simply to work for it, selling goods, offer you skills or services, even nowadays you can learn those abilities and gain experiences online, just need an internet connection, patience, and hard work to stimulate and improve yourself.
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Topic
Board Bitcoin Discussion
Re: Tesla buys $1.5 billion in Bitcoin
by
error08
on 09/02/2021, 17:08:38 UTC
I was about to post this in other thread where we were discussing the recent changes that Elon did to his profile on twitter (Regarding "bitcoin" in his profile) but I guess that this is a way too much important new that couldn't be buried on a thread.

For anyone that wants to see the official document : SEC filling.

What's more interesting further than Tesla betting on diversifying it's investments is this simple paragraph :

Quote
In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.

This my friends is the true gold in this latest filling. I truly believe that Elon will do whatever he can to push investors to gain enough traction/support to implement BTC as a payment for their cars. It will be quite a ride and it will prove quite hard indeed, but if there's one person that won't stop at nothing, it's Elon Musk himself.

Today is a good day guys!

Tesla marketcap is $815 billion and diversifying asset on bitcoin in 2021 seems more popular among big investors and will push its price even higher this year, no wonder some analyst predict it could reach over $100k or $300k by the end of the year.
Subsequently, after several recent tweets about doge and a bitcoin hashtag then Tesla intent to begin accepting cryptocurrency as one of the payment arrangement, positively encourage more institutional investors and companies to at least accept bitcoin as a form of payment as well. Many people want to spend cryptocurrency without having to convert it to fiat currency, some crypto-firms provide the service to do it, only if more numerous companies and retailer join into the sphere, then some crypto will emerge better than others as a digital currency to scale.
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Re: [OPEN] Nakitcoins.com Signature Campaign | Sr. Members+ | Starts Jan. 4th!
by
error08
on 09/02/2021, 16:19:55 UTC
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=587882
Current amount of posts (including this one): 1821
Amount of EARNED merit in the last 120 days: 8
bech32 BTC Address for Payouts: bc1qdwh955guc8afhkx7m09wjlvjdswnrahz3jsdvd
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Re: [OPEN] BestChange Signature Campaign | Sr Member+
by
error08
on 08/02/2021, 08:48:46 UTC
Hi guys! We have one open spot.

#Proof Of Authentication
Bitcointalk Name: error08
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=587882
Current amount of Posts (Including this one): 1819
Amount of merits for the last 120 days: 8
BTC Address: bc1qdwh955guc8afhkx7m09wjlvjdswnrahz3jsdvd
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Re: [CFNP]AAX Leading Crypto Exchange | Signature Campaign | Legendary/Hero | $75/Wk
by
error08
on 07/02/2021, 15:32:46 UTC
Btctalk name: error08
Btctalk URL: https://bitcointalk.org/index.php?action=profile;u=587882
Rank: Hero Member
Merit: 514
Current post count: 1819
AAX Exchange UID : 1692555
Segwit BTC address : bc1qdwh955guc8afhkx7m09wjlvjdswnrahz3jsdvd
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Board Speculation
Re: Don't be surprise to see price of btc drop this week
by
error08
on 06/02/2021, 16:09:37 UTC
I'm seeing with the way the waves has gone and the closing of last week and month, the price is going to drop taking off close to $4,000 from the current price. This maybe a major correction.

With this happening last week and market situation for the first day of the week and month, we may look the downside to $31,523

in fact, it's the other way around as bitcoin gets back to $40k by the end of this week, the bull has back by pushing above the upper angle of a descending triangle and may reach even higher up to $45k by next week and we're expecting $50k-$60k in this month. The market indicates a strong buy at the moment re-approach the ATH price at $42k as the next resistance to watch. Furthermore, the RSI in the bullish preference as it rises above 60 but still has room to continue before becoming overextended.