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Daily discussion thread

saloon

you scam me $150 worth of sats by referring me to a site to invest in you will reap what you sow scammer im flagging you right now


Don't answer him he's the one that created the geyser account to earn shitcoin don't click any link he dropped 

tech

How can I use AI to make passive income?

bitcoin

Is there any fastest way to buy Bitcoin without KYC?

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As someone who's been around the internet space for a number of years, I can tell you that crypto is like that flashy new sports car that everyone's drooling over, but nobody's really sure if it's worth the price tag just yet.

Sure, there are plenty of folks out there who swear by crypto as the best payment method out there, but let's be real. cryptocurrency is still in its early days, and it is highly unregulated so trusting for large transactions is a risk I wouldn't take and won't advise anyone to take, but for small accounts it is faster and convinient.

Don't get me wrong though, I'm not saying that crypto is a bad choice for large payments. It definitely has its perks, like fast transaction speeds and lower fees than traditional banking methods we use before.

One of the biggest issues with crypto also is its volatility. The value of most cryptocurrencies can fluctuate wildly, making it hard to know exactly how much you're paying or receiving less you transact using only usdt, even at that, it is now floating and who knows how it will end up, and let's not forget about the whole "crypto is used for illegal activities" stigma that still lingers around it, having large transactions can attract some kind of suspicions.

Is Crypto Still The Best Payment Method?

Happy Sunday Stacker 

nostr

Orange-Pill people through the Purple-Nostr-Pill

NAKAMOTO’S BITCOIN CONFRONTS OCCAM’S RAZOR

Crypto doesn’t rest on weekends, but the U.S. equity traders are asleep. So what to make of the weekend trading activity?

“Simply put, the weekends have a drop-off in participation by smarter money,” Cantering Clark, a pseudonymous crypto trader and market analyst, said, referring to capital controlled by institutions and professional traders. He explained that there’s a high volume of activity by algorithmic trading bots and market makers (or liquidity providers) during weekends. “The market is less compelling to trade,” he said.

According to a "realized volatility" chart from Genesis Volatility, there's less volatility on weekends. Generally, traders seek volatility because it opens up opportunities for lucrative trades.

“Weekends in legacy markets such as forex were always known to be thinner. Knowing this, banks would push the market around to force movements. The same thing can be seen in crypto, so for the longest time the idea was that any weekend activity was ‘wrong’ and worth fading,” Clark said.

If bitcoin rises on a weekend, the expectation among traders is often that the market would move down over the week, Clark explained. “‘Never trust the weekend’ is a good thing to remind yourself.”



Never trust the weekends

Orange-Pill people through the Purple-Nostr-Pill

Bitcoin and Nostr communities are in synergy. What started as a social protocol is quickly transforming into a space for exploration on ways to support content creators through bitcoin lightning micro payments, often referred to as zaps. Bitcoin integration to the nostr protocol strengthens Bitcoin's use case as a currency of exchange. It carves new paths to a culture of value4value.



NAKAMOTO’S BITCOIN CONFRONTS OCCAM’S RAZOR
This brings us to the English philosopher, William of Occam (1270 to 1347) and his famous principle, “Occam’s razor,” which can be expressed and applied in a litany of ways.

One description of this principle posits that the more exceptions that exist for a rule, system or device, the more fragile, or insubstantial that rule, system or device really is. For example, a contractor may claim that their firm has developed the most effective, powerful weapon in modern history. As they demonstrate the weapon, a number of exceptions emerge: It cannot be employed at night, it malfunctions in the rain, it requires extensive maintenance, it cannot be exposed to dust, etc. In light of the many exceptions and caveats to its performance, it does not live up to its billing: it’s actually not the most powerful weapon in modern history. In fact, such a weapon would be profoundly unimpressive.

One of the lightning user's greatest strengths is their remarkable speed. They are typically the fastest character in the series, and it takes a carefully calculated plan to slow them down. With their speed, they land attacks hard and fast, making them a troublesome opponent to deal with if their opponents can't catch them. Yoruichi from Bleach earned the nickname Flash Goddess because she mastered shunpo and can move at a speed that makes it seem like she is in multiple places at once.

One of the lightning user's greatest strengths

Strong and fast, lightning users in anime exhibit many skills. They have more in common than just their flashy abilities.

Action and fantasy anime sometimes feature a mage or specialist that can conjure electricity. This lightning user lives up to the phrase "fast as lightning" and strikes hard in battle. By training their skills, the lightning user can be a formidable foe on the battlefield.

In addition to their skills, the lightning user is sometimes an arrogant person who thinks that they are unbeatable. As a result, they sometimes can be impulsive and make reckless decisions. While not always the case, their unique powers often have an effect on them in and out of battle.




What Anime's Most Popular Lightning Masters Have In Common

 Using Satoshi

While not officially part of a major currency pair, bitcoins and satoshis can be converted to and from other currencies. Cryptocurrency exchanges allow you to convert between fiat and cryptocurrencies or conduct other transactions.

Generally, transactions involve depositing dollars, pounds, or other currencies into an account in one of the exchanges. The money is converted to satoshis or bitcoins, which you can use at merchants that accept them as payment. Not all online merchants accept all or any forms of cryptocurrency—make sure you research the merchants where you want to use your satoshi and bitcoin and make sure they accept them.

How Is Satoshi Different From Other Digital Denominations?

Many cryptocurrencies use denominations specific to their designer's preferences. For example, Bitcoin uses only the satoshi as a denomination, while Ethereum uses several.14 Both versions make it easier to conduct transactions in amounts that are not equal to the currency's market value, but their difference in denominations can be confusing if you're new to cryptocurrency.

To get the satoshi to U.S. dollar rate, divide the current market price by 100 million. To get the number of satoshi per dollar amount, divide the dollar amount you want by the satoshi to the dollar rate.

Satoshis can be referred to using the metric system to make it easier to understand:

    Millibitcoin (mBTC) = 100,000 satoshi
    Microbitcoin (µBTC) = 100 satoshi5

Ethereum uses different conventions for its equivalent values, with wei being the smallest unit of ether:

    1 wei = 1 quintillionth of 1 ether
    1 Gwei = 1 billion wei6

Ether has more denominations, but these are used the most. Both bitcoin and ether have different market values, so one satoshi has a different monetary value than one ether.
How Many Dollars Is 1 Satoshi?

Satoshi value changes with bitcoin's market value. For example, on Feb 12, 2023, Bitcoin had a market spot price of $21,970.70. At that time, one satoshi was worth $.000219707.78
How Much Is 10,000 Satoshi Worth?

On Feb. 12, 2023, one bitcoin had a spot price of $21,970.70. If you had 10,000 satoshi at that time, it was worth $2.2078

How Can I Buy Satoshi?

If you're only looking to exchange money for cryptocurrency, you can buy satoshi on an online cryptocurrency exchange. Most exchanges list markets for several cryptocurrencies and their associated denominations, with an option to purchase or sell them.


Satoshi in Bitcoin Explained: What It Is and How Much It Is Worth?

If BITCOIN could be call another name what name will you call it?

What is the Meaning of Perpetual Futures in Cryptocurrency?

Perpetual futures in cryptocurrency refer to a type of derivative contract that allows traders to speculate on the price movements of an underlying cryptocurrency asset without actually owning or trading the asset itself. These contracts are designed to mimic the price movements of the underlying asset, typically a cryptocurrency like Bitcoin or Ethereum, and are commonly used for trading on cryptocurrency exchanges.

The term "perpetual" indicates that these contracts do not have an expiration date, unlike traditional futures contracts. Instead, they are designed to continue indefinitely, as long as the trader adheres to the contract terms and maintains sufficient margin to cover potential losses.

Key features of perpetual futures contracts include:

Leverage: Perpetual futures contracts often offer leverage, allowing traders to control a larger position with a smaller amount of capital. This amplifies both potential profits and losses.

Funding Rate: To ensure that the contract's price aligns closely with the underlying asset's price, perpetual futures contracts employ a mechanism called the funding rate. This rate is periodically exchanged between traders to keep the contract's value in line with the underlying asset's value.

Settlement: Since perpetual futures contracts do not expire, there is no actual physical settlement of the contract. Instead, profits and losses are settled in the form of cryptocurrency or stablecoins, depending on the trader's position.

Risk Management: Trading perpetual futures contracts involves significant risk due to the potential for large losses when using leverage. Traders should carefully manage their risk, set stop-loss orders, and avoid overleveraging.

Market Liquidity: Perpetual futures contracts are popular among traders and are commonly traded on cryptocurrency exchanges with high liquidity. This ensures that traders can enter and exit positions with minimal slippage.

Trading Strategies: Traders can use perpetual futures contracts for various trading strategies, including hedging, speculation on price movements, and arbitrage opportunities across different exchanges.

What are the Pros and Cons of Perpetual Future Contracts?

Pros of Perpetual Futures Contracts:

High Leverage: Perpetual futures contracts offer traders the ability to access high leverage, allowing them to control larger positions with a smaller amount of capital. This can lead to amplified profits if trades go in their favor.

Continuous Trading: Unlike traditional futures contracts that have expiration dates, perpetual futures contracts do not expire. This enables traders to engage in continuous trading without the need to constantly roll over positions.

Hedging and Risk Management: Perpetual futures contracts provide a tool for hedging and managing risk in both margin and spot trading. Traders can use these contracts to offset potential losses in their portfolios during volatile market conditions.

Reduced Funding Costs: The funding mechanism in perpetual futures contracts helps keep the contract's price in line with the underlying asset's price. This can lead to lower trading costs compared to other leveraged trading options.

Access to Various Assets: Perpetual futures contracts cover a wide range of cryptocurrency assets, providing traders with exposure to different markets and opportunities for diversification.

Cons of Perpetual Futures Contracts:

Unregulated Nature: Perpetual futures contracts are often unregulated financial instruments, which means that traders and investors may not be protected by regulatory oversight. This can expose them to potential risks, fraud, or misconduct without legal recourse.

Counterparty Risk: The absence of an expiration date in perpetual futures contracts can lead to higher counterparty risk, as traders are exposed to the financial stability and integrity of the platform or exchange offering the contracts.

Limited Legal Protection: In cases of default or misconduct, traders may not have legal avenues to seek compensation or penalties against defaulters. This lack of legal protection can deter traders from engaging in these contracts.

Complexity: Perpetual futures contracts can be complex trading products, requiring traders to understand the intricacies of funding rates, mark prices, and contract mechanisms. This complexity can be challenging for novice traders.

Price Convergence: While the automatic price convergence feature as the expiration date approaches can be advantageous for traditional futures contracts, it can also make perpetual futures more complex to understand and trade effectively.

Bottom Line

In this article, we have discussed what is the meaning of perpetual futures in cryptocurrency. Traders need to carefully consider these pros and cons and conduct thorough research before engaging in perpetual futures trading.

Meaning of Perpetual Futures in Cryptocurrency? What are the Pros and Cons?

What does Opportunity Cost Mean in Crypto?

Not Chatgpt I'm an Article writer took me days to bring this work together 