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Showing 20 of 736 results by ghost424
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Re: Crypto is a scam
by
ghost424
on 02/01/2024, 15:50:28 UTC
Imagine posting on the Bitcoin Forum just to spite people. Hahaha bro, they will eat u here alive. Most people here have created a living out of cryptocurrency and its only a matter of time that it is accepted well into establishments.
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Board Bitcoin Discussion
Re: Should your wife or husband know your seed phrase?
by
ghost424
on 01/01/2023, 18:18:37 UTC
This might depend on the weight on how much you trust your family. On a normal occasion, it is better for other people that is close to you to know about your Seed Phrase or even what you are doing to gain money within this industry. It is so advance that other people might not understand on how you are actually gaining using Cryptocurrencies. Having them in the loop in the time of unwanted events happening to you might actually help you in case they need to recover some funds that you have that is stored in different exchanges or even a wallet.
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Board Bitcoin Discussion
Re: Does BITCOIN make a person's life better !?
by
ghost424
on 12/03/2021, 19:53:18 UTC
Maybe at first when I became acquainted with bitcoin i thought that bitcoin wanted to help all of humanity, or when I looked at interconnected chains, I thought it was bitcoin that wanted to spread wealth around the world.



But after a while, I realized that this was a stupid idea. Bitcoin is just like money when people or companies have a lot of money, they can have a bigger share of Bitcoin and poor people are still poor.

You cannot blame people for having knowledge about Cryptocurrencies. Every man has the choice of learning about it and its not your fault that you are gaining money from Bitcoin. This just means that unlike other people that you know, you are an open-minded individual that learned about something that you did not know was capable of giving you extra money. Having to pick about learning and ignoring Bitcoin is always the choice of the person who encountered it.
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Board Bitcoin Discussion
Re: What do you think is the biggest disadvantage of bitcoin?
by
ghost424
on 22/01/2021, 15:28:40 UTC
I never imagine the fee to become one of its disadvantages but seeing how fees right now are also achieving another ATH. Lol! However, people and other users can still say that Bitcoin is still another financial income generator and its fee is part on how we can transact using Btc's. Its a way to move our coins within the internet because its part of the internet and not part of any institution in the physical world.
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Board Altcoin Discussion
Re: How to choose the best coin for trading
by
ghost424
on 05/11/2020, 14:05:45 UTC
I guess look a coin with high volume and also if the price is increasing then that's a good coin to trade because it will be a quick profit but be careful always watch the price because once the coin is on top it will dump anytime.

Yes, the choice is very sensible. Sometimes the level of fluctuation is also very high. I very often see coins with high trading volume, besides that it can also get fast profits and sometimes it can also make your money run out quickly if you don't pay attention properly.

That is a safe choice and learning from that safe investment is good before taking higher risks. Having a token to trade can teach you a lot of things. It will hone your skills relating to speculating on which will be the next value. Trading tokens with high volume would also have a slow move in value which is also a good thing.
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Board Bitcoin Discussion
Re: Let's Say Bitcoin is scam
by
ghost424
on 05/11/2020, 13:55:27 UTC
Let's just it is scam
How Long from Today we have left until Bitcoin will be done?
Let's say its scam we know today so how long we have time until it collpse?
Just humble speculation Let's play out the worse case scenario hope for the best prepare for the worse!

If that situation happened, most Whales would instantly sell their savings since somebody proved that Bitcoin won't be usable and labeled as a scam.

That is a situation that would only happen if they proved that Bitcoin is a scam. However, things would not go like that since most users are still using and proving that Bitcoin is essential for their financial help.
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Board Bitcoin Discussion
Re: New way to cheat with Bitcoin! be careful
by
ghost424
on 05/11/2020, 13:52:13 UTC
I guess what they are trying to do is create a fixed way of how people earn money at first but will cheat them at the end since gaining money from nowhere really seems like impossible. Money within the Cryptocurrency Industry is not created instantly and things take time. If what they are doing is scrutinize, people will see what is happening wrong since it will be most likely a scam and people should think twice before considering it.
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Board Bitcoin Discussion
Re: How can we stop bitcoin scammers?
by
ghost424
on 03/11/2020, 16:21:31 UTC
I have noticed and we are all aware that so many people do complain that they were scammed through bitcoin. In every problem there is always a solution. How can we identify when a scammer is trying to scam.Let their be a strong system In such a way that scammers won’t be able to penetrate in. And can we pay more attention when someone complain about scammers.

Listening and learning about complains can be effective since most of the stories being told there are detailed and we can make sure that we wont fall victim if we see the signs that will pertain to scams. People should also stop believing everything that is posted on the internet pertaining on how to gain free Cryptocurrencies since its already easy to gain Cryptocurrency so some websites might lead into phishing websites.
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Board Altcoin Discussion
Re: The right investment for cryptocurrency...
by
ghost424
on 03/11/2020, 16:17:48 UTC
The right investment for Cryptocurrency is Knowledge. As long as you have the necessary knowledge on how to traverse the in's and out's of the Cryptocurrency Industry, you have the ability to earn from it. Learning is easy but honing your knowledge to turn them into skills is something you have to take risk within this Industry.
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Board Altcoin Discussion
Re: Whats your fears in new cryptocurrency?
by
ghost424
on 03/11/2020, 16:16:25 UTC
The only fear I got from new cryptocurrency is that as soon as they got listed on exchange and dump by hunters it dies right away. I had lots of tokens who ended up in that way and even some of them never got listed, all of my time and effort just become a waste for nothing. There's even a tokens worth of a penny.

One more thing I fear several new cryptocurrencies because they're most likely a scam. They used to be active during the campaign as soon as the campaigns end they literally don't respond to anybody, and yeah I experience that so be wary.

Oh, yes. This is the main fear of all us, those, who invested in new cryptocurrencies. Meanwhile, you must be more optimistic. Remember Ethereum. When it appeared, many people called it something like a scam or a fraud. Now, ETH is even declared the king of altcoins.


Well, that is normal since most people are scared to be left out hodling some unusable token so a lot of Bounty hunters will sell their tokens once they got their hands on it. Another thing is ETH was already king of Alternate Coins in the past since its next to Bitcoin.

Another thing people are scared of is that the bounty will not push through being sold on exchanges since most bounties before are prone to that problem.
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Board Bitcoin Discussion
Re: Bitcoin for salary
by
ghost424
on 02/11/2020, 17:18:19 UTC
I don't have lot knowledge about different things about legalities or some government things.

I am become curious about paying an employee using Bitcoin direct to it's Bitcoin wallet.
Like these days, some of our salary are paid in different method, some are being deposit on some bank accounts, some are cheque, some are cash directly.

I want to ask if we will make official method for paying our employees in Bitcoin directly to their Bitcoin wallet.
Is this method is not foul on the government? Or it is legal?
Especially on the department of government that is about the labor or employment.

The process is possible and can be done but what is lacking is the amount of time to do research for each country to adopt this possibility. Most government departments are not even knowledgeable with Cryptocurrencies even those side of government who are leaning within the Technology side. Bitcoin as a salary would be first implemented in Private Companies since they can have their own researchers within their facilities to conduct if its a better form of salary.
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Board Altcoin Discussion
Re: Why New Crypto Projects are Dump ?
by
ghost424
on 02/11/2020, 17:14:03 UTC
Many new cryptocurrency projects copy already created technologies and therefore such projects have no future at all and it is not worth investing in such projects, also the creators of new projects simply abandon their projects for various reasons, and of course, most projects list their cryptocurrencies at scam exchanges where the price of any token will drop to zero.
I think to have an easy job in determining if a project is legit or not, we should only look at where it's listed, once it's listed in a non reputable exchanges, then you should doubt their future, but when listed in a popular and reputable exchange, you should believe that they have a chance to grow in the market as exchanges themselves are not stupid to list a scam projects.

Another aspect to consider is the legitimacy of the idea. Most ideas are just recycled and called with a new name but we cannot blame the Cryptocurrency Industry since most bounties before were just made to create profit and that is a cycle within this Industry. Only few platforms are considering to further develop their system because sometimes they are losing supporters midway and that is bad since they want their platforms to be used on the daily.
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Board Altcoin Discussion
Re: I guess bounty hunters really kill projects
by
ghost424
on 02/11/2020, 17:11:57 UTC
Hey guys, I just want to share my thoughts today about this, I have always said "bounty hunters are not the ones killing projects", but now I'm having second thoughts about it, I participated in youengine bounty campaign for about a week, although it lasted for quite a while,the bounty had about 4 rounds, the bounty ended about a week ago i guess and distribution of  "youcash" started, I received about 307 youcash tokens as shown below


By 8am this morning the 307 tokens was worth $10+, i didn't sell, I held on to it, to my greatest surprise this evening I checked my wallet and I saw that the 307 tokens are now worth just 0.35$


Although it recovered later, but it's not looking good at all, I guess this dump is caused by the bounty hunters because they just keep dumping the token, what about you, what do you think is the cause of this massive dump?

What happened was just normal since most tokens are expected to drop in value once users bought a lot of it. That also happened to past Airdrops like HAWALA. Even without Bounties, the token value was high but when their second wave of Airdrop commenced, the value suddenly dropped. Its just like that so its just safe to assume that most tokens can possibly lose its value in a small amount of time.
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Board Altcoin Discussion
Re: Which coin do you think will become next Ethereum?
by
ghost424
on 01/11/2020, 16:56:17 UTC
Which coin do you think will become next Ethereum?

Which coin do you think will become next Ethereum? by comparing all the factors including the community support, trading volume, use in daily life or business or anything which matters to make any coin on top of all the coins?

I doubt that Alternate Coins would want to be the next Ethereum since Ethereum is not number one. Some tokens have potential but beating Ethereum would be hard since the utilization of Ethereum has reached another thing like DeFi. Ethereum is easy to use and some Alternate Coins are mostly based from either Bitcoin or Ethereum.
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Board Bitcoin Discussion
Re: Is Blockchain a Good Career?
by
ghost424
on 01/11/2020, 16:54:34 UTC
Blockchain education is very important today, if traditional economists had had a Blockchain-based education and had knowledge of volatility in markets like Bitcoin, perhaps the world would have the best acceptance about the Bitcoin market, However, in Spain they have already taken these aspects into account, that is why they have included in their blockchain pens, the link is here:http://catedraiecisa.etsiinf.upm.es/campus-blockchain/, but it is in the Spanish language, but I put it as an informative means that everything is on the right track.

That link would surely be helpful to interested users (like me) to boost their knowledge regarding Blockchain Technology. The closest we have ever been to Blockchain Technology is only the way on how Blockchain works. We only know its basic meaning but learning deeper about Blockchain is a good career since most companies today wants top notch security which Blockchain offers.
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Board Bitcoin Discussion
Re: Will bitcoin co-exist with the current financial system
by
ghost424
on 01/11/2020, 16:52:57 UTC
The current financial system ain't going anywhere so it has no choice but to co exist. Co existing is the same as parallel anyway innit?

As long as there are governments there'll be fiat and they will pay out in it and demand tax in it. You may be able to step out of parts of the old system but you'd need to live in a properly radical jurisdiction yet to exist to fully shed it.

That is true and since both of them are coexisting right now, there is possibly no way that the Cryptocurrency Industry can mess up with the current financial system because it could always exists since not all people are available to use Cryptocurrencies or some people still lack knowledge on how to use Cryptocurrencies. This would be a huge step if people can gain knowledge about them since it might also be another way to help people to monetize their time.
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Board Bitcoin Discussion
Re: The reason behind creating Bitcoin.
by
ghost424
on 27/10/2020, 14:34:54 UTC
In 2008, there was a huge economic catastrophe in the world. Some banks conspired and deliberately caused this economic disaster. This is why many people were financially disadvantaged and lost their trust in the bank. I think Satoshi made bitcoin to save people from this disaster. That is, Satoshi has created a currency where there is no third party. There will be no central bank. No one can control it. Customer to customer transactions can be done. While Bitcoin has no controller, no one will be able to intentionally disrupt its finances. Bitcoin introduced a new horizon to the world's economy and freed people from this economic catastrophe.

So I think this is why Bitcoin was created. Is that the only reason? Or are there more reasons? What is your opinion?

Maybe it started with Blockchain Technologies since that is where Bitcoin is mostly developed. It also started when people wanted a way to pay anybody without cash and that might started Bitcoin thus, the Cryptocurrencies. At first it was not expected to blow up since some guy bought some pizza with a lot of Bitcoin but as time passes by, Bitcoin is dubbed as one of the best creation in the digital world..
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Board Bitcoin Discussion
Re: Do not store your wallet on the exchange, store it on your crypto wallet.
by
ghost424
on 27/10/2020, 14:25:59 UTC
Some people stored their funds on a crypto exchange, which is not a good thing to do like a good bitcoin. Some people believe that their cryptocurrency is much safer in exchange than their crypto wallet, this concept is a big no for me, well, in fact, I always read some articles about a hacked exchange every week or months. It is much safer to store our money in our crypto wallet but the problem with it is that it is also vulnerable to being stolen by hackers.

We can prevent this thing from storing our private and public keys.
Just key terms to remember:
Transferring of funds
Public key - allows you to transfer funds into it
Private key - allows you to transfer funds out to it.

Exclusively
Public key - publicly known and important for identification
Private key - this should be secret, excluded only for two parties which are the receiver and the sender.

If you lose your public key, you can still access it using your private key and if you lose your private key you cannot access your fund anymore. Storing your private key is a really important thing to do whenever you want to secure your wallet. Do not store it on your device because any device ate prone to hackers. Use any strategies except online.

Storing Cryptocurrencies on exchanges will always come with different risks. I have this experience regarding my Alternate Cryptocurrencies that I forgot to withdraw within my own Crypto wallet, then suddenly Cryptopia (the exchange website) suddenly went dark. It went out of business and my Alternate Cryptocurrencies were lost. It was such a saddening experience since I was still a newbie and I was learning how to operate exchanges and Cryptopia was one of the easiest to learn exchanges.
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Board Economics
Re: Crisis will be new normal but its not bad
by
ghost424
on 26/10/2020, 17:29:30 UTC
World is investing more money in Military coz They know this Military is needed to making sure we Still have law and order.

As They will not quut the debt system as its so good and profitable the World governments either can increase the spending on police and Military.
We the people just need to get use to with crisis
As whole world economy is turned into gigant casino but... Hey They can print more money
And by speculating on the markets many people can be Rich

I think the hyperinflation not a problem.
The solution is crisis.
I guess every year or so plus government can do debt forgiveness and complete restart.
Universal income also

Its just After 10 years crisis get use to it then Everything will start Again...
The Fiat currencies are so great that Elite Don't have really Plan to kill Fiat currencies.

Im sure the Trump and Elite like the World how it is.
Also I Don't complain either the money printing makes cryptocurrency going up too.
So I think the debt and this money printing is beneficial.

And I think the Old way let it be... After 10years just little crisis then it will start like new game.
They have now strong aml kyc Rules all over the World so They can track the money and too much money can be eliminated and inflation rate will be normal Again.

Off Course people complain but this sysyem keeping capitalism going on and people with skills will just serve people who Got capital.

And bitcoin will be just instutionlized.
If you know the game you can be good Player in this Economic game..

Governments investing on Military is somewhat a bad idea since most countries discovered on what they should be focused on are Intelligence funds that will improve their Health and Academic systems. The pandemic really killed most countries that thrive on Capitalism and its not their fault since that is where they can get their profit to a better economy. Governments should start preparing for unknown incoming crisis that might come.
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Board Altcoin Discussion
Re: Airdrops Confusion
by
ghost424
on 26/10/2020, 17:14:38 UTC
Are Airdrops still paying? YES they are but 99 percent of Airdrops won't worth your time, I Know it doesn't cost a thing to join Airdrops, you are only going to spend very few minutes on each Airdrop campaigns but why? For few pennies or a 1$ ? I'd rather take that chances with bounties instead.
That's right, if we look at the rewards given through the airdrop program, it is not really worth the time used by each participant especially if the gas costs at this time can sometimes be expensive suddenly, so joining the airdrop doesn't mean it's not good, it's just only the results are not commensurate.

But that's still free money. I remember my first Airdrop was not worth so much but its value blew up after a week. Its quite true that it might take your time but these opportunities are open and we must take them as we see them available. We also need to keep in mind that some airdrops are just phishing baits so we need to be aware on how to check legitimate Airdrops.