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BrolySSJ

Further Explanation Required: New Payment System

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Hi all Cryptotalk members

 

I have seen many posts that focus on explaining the new payment system and this is great because i must admit that i was very confused when it came to this new payment system, and although I am quite late to get on board with it, I am looking forward to starting properly as of now. I understand the Token we are being awarded, as well as the rating and posts reward system, however there is one question that I am still quite uncertain off and i would like help from you all if possible. 

 

The one question that still remains unanswered for me is the deletion of posts. Does this work in the same way it did previously, i.e. we would have to make up the posts if the topic on which we posted is deleted, or is each day considered separately? 

 

As you all know, when we earned bitcoin, if posts were deleted over a day then we would have to make up the posts the following day before being rewarded again. It was easy to see many posts were deleted because we had the number of posts we had and the number that we were paid at. The new campaign does not show such, and therefore you can't easily tell if you have had posts deleted, or if topics that you commented on were deleted. Therefore does each day count separately and then we post 20 posts per day, not having to worry about posts that may have been deleted? 

 

I look forward to all responses. Any clarity that you guys can offer here will be greatly appreciated. 

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I don't think that deleted posts are count in total now. If you notice yobit has a column named paid posts. These are the ones that are counted for payments. If after the day that is counted one of them gets deleted, then I don't see how it can be removed. I haven't seen the "paid posts" numbers going down.

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I think yes, because after the new payment system ,I am still facing deletion of post. It is not linked with payment system. It is simple when someone post irrelevant and people will reply on it. Abd latter post will be deleted and our comments will deleted also. 

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2 hours ago, BTC Future said:

I don't think that deleted posts are count in total now. If you notice yobit has a column named paid posts. These are the ones that are counted for payments. If after the day that is counted one of them gets deleted, then I don't see how it can be removed. I haven't seen the "paid posts" numbers going down.

Thank you for the clarity. I greatly appreciate the assistance here. I think that this is good because many of the users were suffering from topics being deleted that resulted in their post count going down, and with this new system, this does not seem to be a problem anymore. 

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3 hours ago, BTC Future said:

I don't think that deleted posts are count in total now. If you notice yobit has a column named paid posts. These are the ones that are counted for payments. If after the day that is counted one of them gets deleted, then I don't see how it can be removed. I haven't seen the "paid posts" numbers going down.

I noticed this too, they get more time to check our posts too before paying. And any posts deleted will not count in the paid posts. This is what I recently noticed. 

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This campaign is completely different from the previous campaign. As for posts, it is calculated daily and posts are deleted when sending payments to you and you do not need to write deleted posts in order to continue to achieve profits.

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50 minutes ago, Nezar said:

This campaign is completely different from the previous campaign. As for posts, it is calculated daily and posts are deleted when sending payments to you and you do not need to write deleted posts in order to continue to achieve profits.

Well mate still I confused this new payment system previous campaign payment system straight forward, like yesterday 10 post deleted then next day we complete this 10 post and the 11th post we start our earning, but in this new system I can't understand, imagine yesterday I write 20 post and deletes 10 post if I need to complete 10 post then I receive payments, are just write 20 post to complete my task and receive 20 post payment, and the 10 post not counted in my earning list.

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The method of payment has become different, as the subject that gets a negative evaluation will not be paid for, and certainly the topics that are deleted will not be paid for, so I find that I share 20 posts every day, but in some days, only 18 or 19 posts are counted.

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Please keep it in mind that our useless posts or topics are still getting deleted and our paid posts count is still getting reduced. I try my best to describe here. Suppose I have 4132 current number of useful forum posts but unfortunately, 4 posts were deleted the count shown by red arrow will turn zero and you have to recreate useful posts to meet 4132 mark again. Some guys are spreading false information like every posts in the every section on this forum are counted and paid, and no post is getting deleted to reduce count, Which is completely wrong ! Here are some sections on this forum where your posts will not get paid despite exchange exhibits its count. You can also check FAQ topic created by Desais where everything is clearly explained. 

1901058649_Screenshot(10).png.d569a2e6a09964a1d9bc2c54ff7851c9.png

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I think that with regard to the deletion of posts in the new campaign, it happens daily when your post is useless or if you comment on a topic that has been deleted, for example, yesterday I had 20 posts that were calculated, but I only my received payment for 15 posts, so 5 posts delete

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This looks a little different from the previous campaign where if you have some posts deleted, you will have to complete them before counting of post for the next day begins. In this campaign, once you have written a post, it is counted already even if it is deleted except the payment of extra 50 talk token for topics which will be given days after being certified it won't be deleted.

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My friend, you do not have to post a new post in place of it, but you will only lose the value that was to be paid to you.
Therefore, you must work to improve the content of your posts in order to avoid deleting your posts.

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Brother you have to recover your deleted post now too. The interface had only been changed and you can see your daily posts in "Post " Columns and if you look further there you will see paid post it means number of posts paid that day. If your total post count is  20 and total paid post is 18. It means 2 post has been deleted or aren't eligible for payment.


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On 7/5/2020 at 7:12 PM, BrolySSJ said:

The one question that still remains unanswered for me is the deletion of posts. Does this work in the same way it did previously, i.e. we would have to make up the posts if the topic on which we posted is deleted, or is each day considered separately? 

Well, if you're experiencing to deleted some of your post, this may not be counted as a paid in that day, moderators are being strictly for this new payment system because they said that this new payment system is giving a good profit than the last campaign which is the pay per post campaign.

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On 7/5/2020 at 2:12 PM, BrolySSJ said:

 

The one question that still remains unanswered for me is the deletion of posts. Does this work in the same way it did previously, i.e. we would have to make up the posts if the topic on which we posted is deleted, or is each day considered separately? 

Deletion of posts has not stopped because the rules are still there. If we will write low quality posts, they will still be deleted because the forum needs useful posts. 

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We have 7 days before the posts we made are being verified, so if after making the posts one if your post was deleted then consider it that you will not receive complete payment because at the end of the week they will count that post out but if your post is already verified and paid before the post got deleted then there is nothing that they can do about it.

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My friend, deleted posts do not count in total

Go to Yobit, you will find a vertical line with posts written on it, and next to your calculated posts

You do not have to compensate for it before starting a new participation, as each day is separate from the second day

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19 hours ago, Calvinpriva said:

Deletion of posts has not stopped because the rules are still there. If we will write low quality posts, they will still be deleted because the forum needs useful posts. 

Yes that's true mate, also me i experienced to be deleted some of my post like one post in a day, i think my posting is now improving by not being deleted a lot of post in my account and I'm really proud of it.

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On 7/5/2020 at 12:12 PM, BrolySSJ said:

 

The one question that still remains unanswered for me is the deletion of posts. Does this work in the same way it did previously, i.e. we would have to make up the posts if the topic on which we posted is deleted, or is each day considered separately? 

 

 

Regarding deleting posts, I think that nothing has changed and remains the same, whether your response or post is contrary or duplicate and contains old information, it will be deleted.

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Good point i did not even think of that! But my concern is the part where they say when you have reached 100 post the limit would be 50 post while if not the limit would be 20 post, i never experienced those limits, but also i do not think i was paid when i was under 100 posts so what was the limit for?

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According to the new system of payment the forum pay it members weekly not daily as the previous system. Any post that is deleted before the end of the week you will not received payment for it. the forum pay only verify post. Note that One post is paid for10 talk token.


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Maybe this new payment system is different to the past in many things. We should know all about it when the trade will be opened i think. I believe the moderators will give us full details when we will start to trade them.

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On 7/5/2020 at 5:12 PM, BrolySSJ said:

The one question that still remains unanswered for me is the deletion of posts. Does this work in the same way it did previously, i.e. we would have to make up the posts if the topic on which we posted is deleted, or is each day considered separately?

Deleted post indicate different thing... Usually YOUR comments get delete if you make useelss topic and comment Which can help you to get negative react too.. But if you write good content then there has a chance to get positive react and you will received payment too...                     

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The new payment system is not the same with before because if you noticed in yobit you will see that there is no two place where our post do count now it is only one which means only valid posts are being paid for and if a post you made is being deleted before it is counted then you won't receive payment but if luckily they pay before deleting it then you have no issues with that, take note of that mates.

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Taking into account all that you say and point out, the most sensible thing would be to publish additional positions to the 20 allowed, this if you want to guarantee to have at the end of the day your complete positions. 

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Against this backdrop, the likelihood of a dollar interest rate cut at the Fed's June meeting, according to the FedWatch Tool, fell to 15%. Market participants believe that, at best, a decision to change the current policy may be taken in September. Some economists, including analysts from Morgan Stanley and Societe Generale, even suggest that the Fed may delay the first rate cut until early 2025. Such forecasts led to the US currency rising to five-month highs in mid-April against the euro, British pound, Australian, and New Zealand dollars, with USD/JPY once again reaching a 34-year price record and the DXY index climbing to 106.42.   However, that was in mid-April. For the last ten days of the month, the DXY was under bearish pressure, pushing EUR/USD upward. Jerome Powell stated that decisions on rate cuts are not made in advance but depend entirely on macroeconomic statistics. The statistics released in the last few days looked ambiguous, causing doubts that the US economy could maintain its previous positive dynamics. Tuesday's statistics on April 23, regarding US business activity and core durable goods orders, disappointed investors. Preliminary data from S&P Global showed that the Business Activity Index (PMI) in the US services sector unexpectedly fell from 51.7 to 50.9 points. The manufacturing sector's indicators were even worse, where the PMI crossed the threshold, separating progress from regression. In April, this indicator fell from 51.9 to 49.9 (forecast 52.0). These data alone are not as significant as labor market or inflation reports, but two days later, on April 25, they were supplemented by equally disappointing US GDP data. The preliminary estimate showed that US economic growth in Q1 was only 1.6%, lower than the forecast 2.5% and previous 3.4%. Compared to the same quarter in 2023, GDP growth decreased from 3.1% to 3.0%. Against this backdrop, the DXY, and with it EUR/USD, underwent a correction, with the pair rising to 1.0752.     It should be recalled that the US inflation data released on April 10 showed that the Consumer Price Index (CPI) reached 3.5% year-on-year, the highest in six months. On Friday, April 26, the Bureau of Economic Analysis reported that inflation measured by the change in the Personal Consumption Expenditures (PCE) Price Index in March rose to 2.7% (year-on-year). The core PCE, which excludes volatile food and energy prices, instead of the expected decrease to 2.6%, remained at the previous level of 2.8%. Thus, on the one hand, we see that inflation is resistant and does not want to go down, and on the other hand, we observe a slowdown in GDP growth.   According to our forecasts, faced with such a crossroads, the Fed will still not deviate from its previous path and will choose to fight price growth. Moreover, the decrease in GDP in Q1 should not overly alarm the regulator, as the US economy had been expanding at 2% and more for seven consecutive quarters, despite the aggressively tight monetary policy of the Fed. Moreover, recent labor market data looks very positive. The number of initial unemployment claims decreased from 212K to 207K (forecast 214K) – a minimum since February.   On Tuesday, April 23, the same day as in the US, preliminary data on business activity came out from the other side of the Atlantic. In Germany, the Manufacturing PMI rose from 41.9 to 42.2, and in the services sector – from 50.1 to 53.3, the Composite Index – from 47.7 to 50.5. Regarding the Eurozone as a whole, a positive dynamic was also noted. Thus, the Business Activity Index in the services sector rose from 51.5 to 52.9 points, the Composite Index from 50.3 to 51.4. The exception was the Manufacturing PMI (a decrease from 46.1 to 45.6). As for forecasts about the start of easing monetary policy by the European Central Bank, the emphasis is still on June. This was once again confirmed by the president of the German Bundesbank and a member of the ECB's Governing Council, Joachim Nagel, who stated on April 24 that a rate cut in June does not necessarily imply a series of rate cuts. In other words, in June – yes, there will be a cut, what happens next – is still unknown.   All of the above indicates that the fundamental indicators are still on the side of the dollar. The EUR/USD correction is likely to be limited and will not be powerful or prolonged. Last week, the pair closed at 1.0692. According to economists from the Singapore-based United Overseas Bank, it is unlikely to have the strength to break through the resistance at 1.0765. As for the forecast for the near future, as of the evening of April 26, 50% of experts expect the dollar to strengthen, 35% – its weakening, the remaining 15% maintained neutrality. Among the trend indicators on D1, 65% are on the side of the bears, 35% – are coloured green. Among the oscillators, a third are on the side of the bears, a third – on the side of the greens, and a third – are painted in neutral gray. The nearest support for the pair is located in the zone of 1.0680, then 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, 1.0000. Resistance zones are located in the areas of 1.0710-1.0725, 1.0740-1.0750, 1.0795-1.0805, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, 1.1100-1.1140.    The coming week promises to be quite turbulent and volatile as it is filled with various important events. On Monday, April 29, preliminary data on consumer inflation (CPI) in Germany will be released. The next day, another batch of German statistics will be released, including GDP and retail sales figures. On the same day, we will learn the preliminary volume of GDP and the level of inflation in the Eurozone as a whole. On Wednesday, May 1, Germany and many other EU countries will have a holiday – Labor Day. However, the United States will continue to work on this day. First, the ADP report on employment levels in the private sector of the country and indicators of business activity in the manufacturing sector will be published. The most important event will undoubtedly be the meeting of the FOMC (Federal Open Market Committee) of the US Federal Reserve on Wednesday, May 1, and the subsequent press conference of the management of this regulator. In addition, on Friday, May 3, we traditionally await another batch of very important statistics from the American labor market, including the unemployment rate and the number of new jobs created outside the agricultural sector (NFP), as well as revised data on business activity (PMI) in the US services sector.   GBP/USD: US PCE Hindered the Strengthening of the Pound   The preliminary statistics on business activity in the United Kingdom released on Tuesday, April 23, were mixed. The PMI in the manufacturing sector of the country crossed from above to below the growth/fall boundary, and with a forecast and previous value of 50.3 points, it actually fell to 48.7. In the UK services sector, on the other hand, there was growth in April – the indicator rose from 53.1 to 54.9 (market expectations 53.0). As a result, the Composite PMI reached 54.0 (52.8 a month earlier). However, all these figures did not attract much attention from investors.   On April 22, GBP/USD fell to 1.2300. The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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