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babaji

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Everything posted by babaji

  1. There are multiple events that can cause the end of bitcoin. For eg a massive electromagnetic pulse to cause massive power outage, and the entire www, goes down for a week or month. All transactions would be stuck, and everything stopped. Naturally the price will drop and might only revive when the power is restored. A nuclear war, or a asteroid hit. But long story short, it has to be the end of the world situation for crypto to come to an end from here on.
  2. You can follow all the points mentioned in the opening post, and yet your post might be deleted, because the thread is deleted altogether. There is no specific reason, till date, I found, which will explain why post are deleted.
  3. You learn from your mistakes. you should not look down upon your experiences, coz they were detrimental in deciding who you are today. If you hadn't gone through all the loses, you wouldn't be in a position where you can give advices to newbies. to avoid the scam sites.. Learn from your mistakes, coz there is nothing to learn when you win.
  4. I wouldn't call myself an expert, but I am pretty old in this business. The problem I see in here, is most of the post as well as the threads are deleted. I must have created multiple threads, and all except one is deleted. Since we get paid, hence nobody wants to complain or upset the authorities. We all just go on as nothing happened.. If you go to bitcointalk, you can see such constructive post, or even in reddit, and you feel, you learned something reading those post, but sad to say, most of the post here are not worth anything.
  5. Very nice and detailed explanation. I love the fact that pre 2009 was also mentioned. I guess, a lot of govts and banks share the same enthusiasm as us crypto users about bitcoin but no one can dare ignore the blockchain. Blockchain is being studied extensively, and they are trying to figure out way to use blockchain in different ways, including holding elections with the help of blockchain. Exciting times ahead.
  6. Bitcoin is the answer to the prayers of billions of people who have been oppressed, and enslaved by the global fiat monetary system. There is no intrinsic value of bitcoin, unless someone is willing to pay for it. Now since bitcoin is a mathematical marvel, and is absolutely genius, there are millions of people willing to pay the price that is being traded in exchanges, and that's what creates the market for btc, and drives the price up.
  7. I got warning points, when I had wrong signature fonts, and i was very depressed, not because I got warning, but I felt I was being deceitful, but after that I corrected and read all the rules, and tried not to break them again, and I have not got any points till now. And the warning points also get erased after some months.
  8. It depends on the amount of investments you have. If you have a lot of investments, then something like that could come in handy. If you have lots of coins, the prices can be easily found out by any coin listing site, like cmc or coingecko. I dont have a lot, so I dont need any such tool, everything is in my head.
  9. There are many things you can do, I would really stress on the point, that you make sure, if you are trading in sub satoshi price, that you have checked the prices properly, and since the market changes every second. sometimes you may make a trade assuming that you are making a profit, and suddenly market falls, you loose money. Also double check everything, there are many examples of people loosing money, because they didn't check their trading prices properly, even I did, but I was lucky not to loose much.
  10. how do you make a dog swim. just throw it in the water. Similar with trading, if you are going to go through all the jargon of reading, then it is an infinite list of do's and don'ts. The shortest way is jump in and learn as you go. Just dont go with lots of money in the beginning. Start small, and work your way through. In one line, trading is just buying low selling high the tricky part is however repeating it.
  11. Yobit has different markets where you can exchange and dogecoin is one of them. The problem however is dogecoin do not provide the same stability or prestige or reputation, as bitcoin or eth. Hence, we cannot be sure, if dogecoin will hold its value, the next day. sure 20 cents or 21 cents is good price, but it wont be a big shock if it falls to 1 cent or go to 30 cent the next day. I would suggest instead holding on dogecoin, use it to invest in investbox, and keep the profit as dogecoins.
  12. Truth be told, Yobit is not a very big exchange, at least not as big as binance or coinbase. Yo token is native token of Yobit, and as such, even though the price is pretty high, a lot of people are unaware of it, or it doesnt have enough brass in it to give btc a competition. The only reason why it is so high, is because it is being invested by Russians, and clearly we have no clue what Russians are up to.
  13. USDT or Tether, provides stability compared to the volatility of BTC. It depends on the situation you are in. If you have btc at 20k, and you feel that is the most high it will go, it is only smart to convert it to Tether, so when the price goes down, you can always buy it back. That was the reason why Tether was introduced in the crypto market, to provide stability where there is none.
  14. Just because you see a figure in your account of CT in yobit, doesn't mean that there is btc in the Yobit wallet. Sometimes, the wallet is drained, by all the payments, in that case, all you have to do is wait for them to refill their wallets, before you can make the transfer. Just a little patience is all it is required. Yobit will always pay you, sooner or later.
  15. Ignorance is your enemy in not just crypto, but I guess in every sphere of your life, unless you are lucky, just stay away from ignorance. In crypto, ignorance will lead you to make wrong crypto trading decisions, or buying wrong coins or tokens, and that will only hamper your growth as a trader. So take your time, to learn, to read, to understand, in a proper manner.
  16. I get similar kind of problem, but having been here to 2 years, I can say for sure, just move on. I do not think, writing about it is going to help anyone. I have said this before, Yobit's CryptoTalk is a blessing in disguise for us, but they have the most horrible way of communicating. The blunder they did with the MInex Yopower, unbelievable. So my advise, would be just move on, do your posting, take what you get and just move on fast.
  17. There could be any reason for bad reputation. For eg. if someone has invested in LTC, and someone posted something negative about LTC, its natural that, the person invested would be upset about it, and might hand over a bad reputation, and since there is no way to know who gave bad reputation, you have to swallow the pill and move on, even though you didnt do anything wrong.
  18. Not all unknown people are out to scam you, but with all the scams going around, it is better if you are vigilant on the people you are talking to or the programs you are joining, and if it is a stranger, its even more important you double check their suggestion before any form of investment.
  19. I have gone through this. I am not banned but when the 7 countries was banned, i would always get 1020 error, which would not allow me to post, so i stopped posting altogether. Its only after the virtual miner was launched, that I could post on regular basis, however I get the 1020 error every now and then.
  20. Well the same question can be asked for Btc or eth. Although the usage of doge is pretty limited, yet it is being used as base currency atleast in Yobit. You might not be able to use doge in many places, but as it is with all crypto, you can easily swap into any other crypto in yobit and use it as you wish.
  21. Any updates on the new Talk token trading. I am waiting anxiously.
  22. 0. Date: 02.11.20 1. Login on Yobit exchange: rocky321 2.
  23. New and old members, should read and abide by the rules of the forum. I was in violation of signature font size, although I didnt get any restrictions, but to see a -1 as long as the violation was active, was quite depressing..
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