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South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning

The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say... See more for yourself here.

Your opinion is greatly appreciated.
2
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« Last post by Mr. Magkaisa on Today at 03:52:25 PM »
The market is absolutely always cyclical - everything +/- repeats itself. Alas, few people see it or realize it, and that's important as far as I'm concerned.

P.S. In any of the scenarios, you should stick to risk management. Only in this case you can save your invested funds. Otherwise, the market will punish. I have always written and will continue to do so, don't forget to lock in your income.  8)

Taking profit whenever the time is right is what I always suggest as well. I don't think that a person should keep holding their assets even if the prices are favorable and they can get decent profits on their investments, even if they don't sell everything at once, they can at least sell a portion of their holdings to get some profit and then keep holding the remaining assets just in case the prices go higher in the future.

Some people say they wouldn't sell at all even if the price goes significantly high because they believe there will always be better prices, I don't like that, and I believe it is better to take profit, and then see how the market reacts, you should have both some assets and some liquid assets and be ready for any market condition.

      -     That's because the majority of communities always have a problem—the thing that they already have enough money to release—and they can't do anything about it because they have allowed greediness to exist. That is the obstacle when there is a lack of deep knowledge of trading.

But if there were responsible traders, for sure, even if the earnings are not that big, as long as there is a profit, at least it has been released on the platform exchange.
3
Gambling discussion / How did the gambling life Start?
« Last post by Power420 on Today at 03:52:19 PM »
My gambling life basically started in the lottery side, I used to play massive lotteries in the real world. So tell us a detailed story of how you first entered into victory. And at present I am chiefly occupied with cricket, football, and Jackpot, I am present to gamble for a long time without becoming addicted. So how did your gambling life begin?
4
Chelsea team is playing very well in today's match, but West Ham United team is not performing well.  The Chelsea team managed to score three goals before half time and are sure to win this match. But these Premier League teams should never be assured of victory until the end of the game as any team can perform well at any time. With a wide margin at half-time and half-time to go, West Ham United still have plenty of opportunities to put in a good performance.
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Apart from being a digital asset and a short or long term investment. What are the benefits of crypto for you everyday, do you use to transact in general.
Thanks,
Investment to cryptocurrency some times highly profitable and some times it were loss. But if anyone invest for long time in good currency then he will be profitable i strongly believe it. Some times it profitable for short and some times it profitable for ling time.

You're right.
Like every other investment, cryptocurrency investment carries risks of losses too and that it why it's always advisable to first conduct an extensive research before diving in. A lot of people are inside the crypto space not because they really understand how the market works but because someone else told them that cryptocurrency is very profitable.
Yes it's sure is profitable but only when you really understand how to navigate around the market.
6
Bitcoin Forum / Re: Has the bear market started?
« Last post by Mr. Magkaisa on Today at 03:42:24 PM »
      -     With the current price of Bitcoin, it can be said that the market is still bullish, but since we are still in a correction period, I could say that we are bearish now in the short term because we are still in retracement. That's the truth.

The deepest price is not reached to make a buying point. And when the peak lowest price is reached, it will have a reversal called that will play in ranging or swanging for a few months. This is what I think.
7
It would have been best assumed that a million dollar price of bitcoin would be possible, if had it been bitcoin was fluctuating at the price of $700k rather than this $66k, it is currently at.

Since bitcoin is not close to $700k, still fluctuating at a price below $100k, there is no way we can begin to imagine a price of a million dollars in six years, when we already know there will be a bearish market at the time(after the bull run in 2025).
Too high spechlation with bitcoin price comparison how currently price, its not faukt when making some prediction price of bitcoin but need to see with realistic price after bitcoin last time halving stuck around $73k. Have six years later and seems get one halving time but I think possibility with bitcoin will reach until $100k. If price keep stable above $100k always has moment or opportunity for bitcoin will male another higher price breaking out above $200k to $300k although six years later seems not really enough.
It's true, even though bitcoin has the opportunity to print a new ATH again, we as traders don't know when that will happen. As long as bitcoin still has high interest, there is a possibility that they will still reach a very high price someday. Maybe when there is good news to trigger whales to buy bitcoin and reach a new ATH.
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Bitcoin Forum / Bitcoin: The Most Beautiful Currency in the World
« Last post by TomPluz on Today at 03:40:17 PM »


With all the many things we can say on Bitcoin and the revolutionary benefits it is offering to all people that can game-change many areas like finance, money, banking and so much more, we can describe it either as what others are saying it is or in a more personal level we can describe its attributes as it has become like a force in our lives.

In a recent interview with Tether’s CEO, Paolo Ardoino, in Dubai, he somehow encapsulate what Bitcoin is in a very artful manner beyond the many technicalities involved and just simply summarize Bitcoin in a way all of us can easily imagine: "Bitcoin is the “most beautiful currency in the world.”

Aside from the many things why Paolo Ardoino called Bitcoin as such, what do you think can be your own reasons why Bitcoin is something beautiful today and in many years to come?



9
I'm quite dumbfounded at how you guys are still praising him. Are you a Binance user? CZ most likely sold you (and thousands of users) out already in exchange for his light sentence. He's not strong but wise enough to bend to authorities because there was a strong evidence against him. He's obviously happy that he got only 4 months that's why he can speak positively about his situation.

Over the years, I got the impression that the majority of the crypto community in CZ sees some kind of savior of the world who, in addition, fights against the system by enabling people to trade with cryptocurrencies without KYC, which was the case with his CEX for a long time. When someone creates such an image of himself and allows people to profit from it, they will stand by him regardless of how serious the accusations are.

As I already wrote, 4 months is the sentence you buy if you pay a $4+ billion fine - and money is obviously the most powerful weapon you can have in the US, and of course the fact that you are ready to snitch on everyone around you.
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поэтому не удивлюсь, если НЕ официальные телефоны от сообщества ТОН будут на порядок круче, чем уже анонсированные раньше недотелефоны от каких-то помоек))
Если будет норм цена, а телефон от команды которою знаю - возьму.
Я понимаю, что это у тебя скорее эмоциональный коммент, но все же просто интересно, чем именно он будет круче, да еще и на порядок, чем другие телефоны от крипто-проектов или просто обычные серийные телефоны известных брендов?

Зачем берут по предзаказу Solana Saga - вообще ни для кого не секрет, вложенные деньги окупаются (и даже с профитом) на солановских дропах. Это весь секрет, никаких других факторов попросту нет. Сам аппарат - он ведь постольку-постольку, ибо это рядовой ведроид с добавкой проприетарного ПО от означенного проекта и с железом чуть выше среднего уровня (Saga 1) и с железом скорей всего совсем середняковым - Saga 2.

Но что должен будет уметь телефон от проектов сообщества ТОН? У меня фантазия хромает, что там должно быть, чтобы быть на порядок круче?
Да и в любом случае, ждать телефон год по предзаказу (какие бы чудеса там не обещали) люди будут только в одном маркетинговом случае - дропы, компенсирующие деньги и время ожидания. Да и железо за год устареет, если не морально, то уж подешевеет точно. Новинки прошлого года сейчас стоят процентов на 30-40 меньше, чем при выходе.
 
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