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I only know about the expensive interest payments, decreasing tourism, food insecurity, and high inflation but they think turning back on the USD is the solution then the negative issue just started.
In any case, it will be interesting to watch. I assure you that there will soon be more unrest in the east.
I read that the Egypt's economy is now being impacted by several negative causes, including low foreign currency reserves, expensive interest payments, the Russia-Ukraine war, decreasing tourism, food insecurity, and high inflation.
Egypt suffers because of fewer tourists .
Artificial intelligence cant deal with cryptocurrency due to it being an unpredictable market although the artificial intelligence machine can handle some aspects of crypto but not all.
I think if you give it more processing power, it might work.
Are you it will be only the newcome and naive people that will rely on the ChatGPT when 95% of all influencers are hyping the Ai machine on their social media post.
Regardless of where and how it is advertised, people are well aware that there are areas where shared AI should not be used.
We should not depend on artificial intelligence to help us in our cryptocurrency dealings it really takes away the originality in cryptocurrency and not just that it also takes away people job.
As I said before, only lazy fools will rely on artificial intelligence . Although time will tell.
How can I do more posts on the topic when that's all the information I could get? It's not nice to provide false information which are the exact things we need to fix in the cryptocurrency market now.
We are constantly given false information: from the internet, newspapers, tv and much more. How can we tell the difference between true and untrue information?
I think you're missing an interesting thing about cryptocurrency. Decentralization does not offer anonymity by any mean, it only offers liberation from the government and real anonymity are provided through advanced privacy tools
Let's hope that decentralisation will continue to help. I am sure that in a year or two, the government will reach for cryptocurrencies.
From my own understanding of this great UtopiaP2P project there's no aspect that's not important that's if you understand the true meaning of anonymity.
Anonymity is more important than ever these days.
It seems odd that anyone can walk up to an ATM and download the app, it's the company's fault.
Cryptokits are buying up Shiba Inu ahead of a bullish trend
Altcoins
The behaviour of crypto-kits owning a large number of coins created on the Ethereum (ETH) blockchain is pointing to an impending plunge in the Shiba Inu (SHIB) cryptocurrency exchange rate.
In the last 24 hours, bigwigs have bought 1.2 trillion SHIB tokens worth $10.9 million. First, a large trader known under the pseudonym Kvothe spent $9.6 million to acquire the coins. Some time later, BlueWhale0073 bought assets worth $1.3 billion.
The accumulation of Shiba Inu by cryptokits signals the start of a bullish trend in the virtual currency market. SHIB has been fluctuating within a shrinking triangle since March 10, so we can assume that over the next three days, the value of the coin will begin to increase and break the upper boundary of the pattern.
The large number of burned tokens also speaks in favour of the beginning of an upward trend.
Shibburn reported that more than 11 million SHIBs have been destroyed in nine transactions in the past 24 hours, and last week Shiba Inu's stock has dropped by more than 2 billion tokens.
It's a pity that you can't post pictures as well. That would be very useful, especially in cryptocurrency news, when you need to attach a graph of the rise or fall to the post.
From where I come from there's a particular adage that says, the river that forgets its bank will dry up sooner or later. Every cryptocurrency investor that forgets the basics of crypto market analysis and chooses to rely on a bot analysis will blame himself later.
That's a good point. I don't think many people will rely on artificial intelligence on this issue. And if they do, it will be newcomers or stupid people. Although in the past people were also sceptical about technology. Now we all have a phone that serves as a computer. It will be interesting to watch.
Footing what I know about the ChatGPT concept its just equipment built from the knowledge and the mode of operation of the online search engine. Result it provided for the crypto market are the result the bot gather from an online market analyzer.
I think it would take too many resources to do that, because the market changes every second.
ChatGPT
I think it was done out of sheer interest . ChatGPT is developing, but I think it has a long way to go
interesting post, please do more posts on this topic.
Don't get this wrong. Blockchain is secure and there's no way someone can break it even with the world's super-fast computer. However, the idea of Euler security is not secure at all and that is why it is important for us to make us of privacy.
I was recently arguing about the reliability of blockchain, and people did not believe in its security. Their argument was that it is "digital" money, which can disappear in an instant. The same could be said about paper money, inflation and so on. People do not want to switch to something new, even if the old system is rotten.
All fiat currency are subject to de-value buddy because the government never stop printing more money and the more they print more money the money the fiat currency loose value.
I am well aware of that, but what I meant was what will happen to the dollar if Egypt shows a successful rejection of it?
They always play this game to make the people believe nothing happens that they are doing a really good job and that the problem is not caused by their unprofessional decision. They understand the potential of crypto but choose not to support it because of their selfish gain.
I think they are stalling, like you said they see her potential and want to gain as much from it as possible.
I think it's not their fault but the code of conduct they operate in. Politics is a game of getting your hands dirty and doing what its time to get what you want. Could remember Trump's ex-strategy that was against crypto when he was in office that later support crypto when he leave office.
It is better to stay out of politics, mere mortals don't understand it. I mean, no connections to influential people and no finances, but you shouldn't idle away to avoid turning into a dumb herd. Such is the paradox.
Let's agree that cryptocurrency fraudulent activity incidents increased by 183% but what fiat currency in which fraudulent activity was carried out through it every single hour?
This is why i never like the type of research and statement because it give crypto bad reputation whereas the incident is worse in fiat currency.
I think they are deliberately spoiling cryptocurrency, I don't think the government benefits from it. You don't pay taxes on it, they can't keep track of how much money you have.
Quick qu
If cryptocurrency starts to be controlled, it loses its meaning.
Thank you for asking. The government never liked the idea of cryptocurrency being the world currency. When Mark Zuckerberg will introduce his Libira crypto he claimed it was going to be a world currency, after that different government agents started to question him in court until they make him bow out.
Can it be said that his ambition ruined him?
The anonymity of Utopia p2p is definitely unmatched as Utopia p2p offers the best decentralized service in the Cryptocurrency world right now, although it lacks some form of adoption.
What do you mean?
<div class="quotebox"><cite>Detroit;6098 wrote:</cite><blockquote><div><p>Fun is one thing that keeps games together.</p></div></blockquote></div><p>This is the reason why i love to play games without gambling, because to be honest if i am losing my money when i am gambling, there is no way i am having any fun, i would get so upset and would never see any fun side to the game, i know i should gamble responsibly, but any money lost is still money, so sometimes i really do not fancy gambling at all.</p>
Playing without excitement is boring, it's not a game, it's a dry calculation
<div class="quotebox"><cite>KAMSI_UG;6018 wrote:</cite><blockquote><div><p>I Don’t think is wise to cut of Stablecoin completely because a particular stablecoin failed, no it’s wrong. I have been using UUSD and I have not had any issues with it.</p></div></blockquote></div><p> Well you won't blame most people many times when people discuss about cryptocurrency especially those without knowledge of it, they mostly try to put fear in themselves about the risk of cryptocurrency and now this is fueling such believes.</p>
But how can people discuss what they don't understand? It's the same as a random passer-by walking into an operating theatre and telling a surgeon how to work.
Which cryptocurrencies will ChatGPT-4 buy $100?
The GPT-4 version of OpenAI's ChatGPT conversational AI was released on 14 March and is said to be much more powerful than the previous version.
GPT-4, the latest version of ChatGPT's artificial intelligence chatbot, believes that the events of the last seven days could be bullish for BTC, ETH and ATOM, according to an AI trading experiment.
The aim is to understand how GPT-4 might view certain cryptocurrencies, how last week's events might affect investment decisions and whether it could adjust its strategy to eventually make a profit.
The chatbot was asked to allocate $100 to "make as much money as possible in the shortest possible time". The prompt had to be written in such a way that GPT was comfortable giving trading instructions.
Since GPT-4's knowledge and training is only relevant until September 2021, ChatGPT fed the 2021 and 2022 summaries as well as Markets news and the most read stories from the past seven days to understand how he would invest based on recent developments.
He noted that the current state of the cryptocurrency market has been volatile, with "various factors" affecting prices.
"The recent collapses of Silicon Valley Bank and Signature Bank have led to increased uncertainty in the financial sector. This situation, combined with regulatory pressure and macroeconomic factors, has contributed to fluctuations in cryptocurrency prices."
Given this context, he advised to allocate the $100 as follows:
$50 in BTC
$25 in ETH
$15 in ATOM
$10 to "NFT and Web3 related projects".
As for bitcoin, GPT-4 said that despite short-term volatility and the recent price drop, it still has great long-term potential:
"The general trend shows that bitcoin acts as a safe haven in times of financial instability, such as the recent collapses of Silicon Valley Bank and Signature Bank. In addition, bitcoin's dominance is approaching 50%, with some analysts predicting a move towards $100k."
Meanwhile, GPT-4 suggested that Ethereum's upcoming Shanghai update could reinforce its dominance and benefit liquid rate providers.
"Ethereum's price is also showing signs of recovery, making it a suitable addition to the portfolio."
The chatbot then recommended a $15 allocation to ATOM due to Cosmos' launch of the Interchain Security project, which "could create potential growth opportunities for ATOM".
"This is a promising blockchain project and its launch could attract more investors."
BallerGPT's balance sheet at the time of writing. Source: CoinMarketCap
He also suggested investing $6 in MANA Decentraland, given that "interest in virtual worlds and NFT continues to grow", and $4 in LINK Chainlink.
"With the growing adoption of Web3 and decentralised applications, the demand for reliable off-chain data will continue to grow." Chainlink's LINK token is used to pay for services within the Chainlink ecosystem, making it a good investment as the demand for oracle services expands."