First of all could you explain what I marked in your post? When you are now disappointed that the digital Yuan didn't work out, why are you into Bitcoin? Or are you even?

China isn't stupid. Perhaps they had to learn first before making the right decisions, but I doubt that is the case given that they are by far the world leader in artificial intelligence. It would surprise if they get it right on all kinds of topics from the digital world, but not in the case of cryptocurrencies. I think there is more going on in China than we think. May it be in terms of their Bitcoin holdings or may it be in developing things secretly.

Buying a dipping Bitcoin is as good of a decision sometimes as buying Bitcoin that is on the way up. Timing the market is impossible. Everyone wants to catch the lowest price spot and then sell at the highest spot in order to then rebuy at the next lowest spot. This equates to buy low, sell high, which is dumb. It doesn't work like that even if so called pro traders tell you it does. Yes, it can work for one time or two times, but nobody is able to catch the optimal spots all the time no matter the software that is used and no matter how much experience someone has. It is about choosing the right amount based on a strategy that fits your circumstances. Freely available income, security needs/requirements, risk appetite etc. If you can't sleep well anymore after buying in, you probably invested too much money.

Quick goal for Sevilla and there we go. That is exactly the game they love to play and now it is going to be so difficult for Manchester United. Sevilla has not shown very often this season how strong they can play defensively, but I am convinced that tonight is the night when they will go to their limits and beyond. They are a team that loves these tournaments and now in their home stadium they can save their season performance in La Liga by making it to the next round in the Europa League.

A couple of early goals in the EL in some of the games. Mourinho already got in talks with the referee. I expected nothing less than that!

Correct and we also don't know whether he has long been revealed already and influences the network regardless, but as a new persona. Now he could still influence it anyway in terms market reactions when he were to start moving some of his coins. That would probably make the market quite nervous. But other than that the best you could do in his case it to actually leave the pseudonym Nakamoto behind and appear as some IT guy who is interested in the topic and contribute. There are a lot of names that would in theory be eligible.

Now there aren't many actors who would never move any coins when they are actually holding a million or even a bit more than that.

1. The actor is a dead actor and so can't move the coins anymore for obvious reasons (unobvious to us)
2. A multi-multi billionaire who has no financial incentive to move any coin yet, helping to push infrastructure and adoption with money he, she or they own without Bitcoin
3. A government that has enormously long-term plans and sufficient money to not ever be forced to touch those Bitcoin

I can't prove it of course, but I doubt that a private person from the middle class would have never touched the wallets at these prices. Some said that the private keys might be lost, but I think that someone who wrote the code for Bitcoin probably has some experience with storing keys securely and such that not all is lost even when a catastrophe happens.

It is difficult to tell when the halving will exactly be priced in. It is not like it is going to happen on the day of the halving. The market always anticipates events, especially those that are clearly determined and then prices it in well in advance already. That is why the saying exists buy the rumors sell the news. The halving isn't even a rumor, it is known when it is going to happen more or less.

I am trying to read through some articles whether the accumulation mostly happens by the already existing whales, but it seems that there are a lot of smaller holders being added to the statistics everyday. Those are good signs for a bull run, but whales growing their bags also can't be bad as they are the ones rather holding onto their coins while smaller holders would take profits along the way.

I am not that sure that Manchester City will defeat Real Madrid. As you could see in the game against Bayern, Manchester City also allows for the opponent to create chances. Manchester City did by far not control the game at all times and we have also seen that Haaland can miss a penalty. In the Champions League Real Madrid has shown that they are a different beast than in La Liga and that they are able to score at any time. This is a big difference compared to Bayern. They have issues scoring and that was the same in this game.

In a two leg series between City and Real, I think it is a 50/50 game. One reason is that City will play with a lot of respect after their experience from last year. I usually thought that City will be the favorite here, but I would adjust my opinion due to the performances Real Madrid has shown. If I had to say who has a small advantage, I would go with City, but only like a 55:45 at maximum.

These results are insane taking into account what names they have on the field. But it's is always the same problem they can't get solved - scoring goals! They weren't weaker than Real Madrid for quite some time, but they just don't score. They just don't... That makes the difference in so many games.

But I found the outcome of the game between Napoli and Milan more surprising than this one. I definitely thought that Napoli is going to turn this around or at least force the game into overtime. But all in all this was a painful defeat for Napoli as they controlled the game so hard! 74% possession and 16:1 corners! This one will hurt for a very long time.

Yes but you get my point right? If I was a pizza baker and someone called me at that time asking whether it is ok to pay me with some unspent outputs on the Bitcoin blockchain lol, I would have probably said f*** off! It's a completely different story if the person would have obviously had some technical background, but without discrediting the pizza baker,  the chance that the guy had any idea whatsoever in 2010 or even googled it before is very close to zero. I would think that someone is making fun of me. Now there is a little possibility that the pizza guy is a risk-taking guy and thought like, who cares why not?

But as you said, they must have also taken the time to set up a wallet for him. I don't know much about the background though, who knows maybe the pizza guy was already informed and actually offered to take Bitcoin. Whatever the true background is, it will remain one of the key stories in the history of Bitcoin forever.

What do you mean if you say that we went to 30k too quickly? We have been at 30k in June 2022 for the last time. That is roughly 10 months for Bitcoin to get back to 30k. In my opinion that is a moderate - good increase in price if you consider Bitcoin's history. We have seen relative increases higher than this in a much shorter time frame.

Giving actual new ATHs a guess is impossible. Even if you look at the so called experts, their predictions range from six figures to even eight figures. There are wild numbers circulating right now and many of them come up with theoretical calculations, but hardly any of them has been right in the past so why would they be right in the future.

Yes I think there are a couple of indicators that can help to substantiate any prediction, but after all it is also the unexpected events that obviously can't be taken into account, like a global health crisis or war.

But this statistic, for instance, says that the number of coins that have been dormant for more than 2 years is now at a record high. This is a clear indicator that people are buying and not planning to sell and they must have their reasons and expectations.

If we are not running into any unexpected global crisis for a while, I believe the prospect are good for Bitcoin. But predicting a specific price level has never really worked out for me.

I have been following this topic for a while now and since it is some time ago now that this discussion was kicked off, I wonder if OP has decided to sell his wife's jewelry yet? Interestingly enough, he would have already made 30% gains if he sold when he launched the topic.

Now saying that it goes 10x util 2024 is very optimistic. That would need an influx of almost $6 trillion from where we are now. We have seen unbelievable bull runs in the past, but the higher we go, the harder it gets from any new base level to go several X up.

Firstly, it doesn't matter because any Bitcoin you acquire should be ok. It is the exchanges' duty to block or freeze funds from illicit transactions before you can actually acquire and withdraw them.

Secondly, a lot of the coins come from fractional reserve, meaning they only exist in the books of the exchanges. Since not everybody at once is going to withdraw, you'll get some of the "real" ones when you withdraw from an exchange into your wallet.

Thirdly, if you are concerned that your Bitcoin has ever been used for illegal things, are you also concerned that your fiat money has ever been used for illegal things? It most likely has. Now what?

Bitcointalk Username: tiCeR
Utopia Public Key: E044918E26B7CE0A734B206854AD8E235EE691618CA23787F052E3E9D0C9373C
BTC Address: bc1q2prmvxprqvf784elttzygj9kcuytxwnejt4pq9
Message Deep Link (Chat link): https://utopia.im/d53b4431fd604e2f0261792444797aa4?tid=3648973004558831568
Slot No: 24

Those are all the questions that I would like to see answered as well, but even if a trustee decides to handle the situation to the customers' disadvantage, is that immediately set in stone? I can see a lot of customers defend themselves if that happens.

Also how is it even possible that magically another $2.3 billion are discovered? I mean it can't be the case that they found another hard drive that SBF didn't know about a caboom, there are another $2.3 billion. I think it is more of an accounting thing. It would make sense because the market grew quite a bit and they would simply update the numbers and say that by now the recovered amount is bigger than it was in January.

If it's a lot of shit coins the trustee would never be able to turn those into $7.3 billion in cash. He would crash every single shit coin market and as soon as it is publicly known which coins are mostly affected, other market participants will consider their next move as well if they know that lots of a coin they might be holding could soon be liquidated.

I think that it wasn't that much of a surprise, but is great is the fact that we are strong despite all the bad news we have seen over the last couple of months. The only issue that could take us where we are or even a little bit down would be regulation. But then we have also seen so many reports about harsh regulations and also about collapsing companies or exchanges that it's hard to see what could now come that ends even worse for the Bitcoin community. I believe we will at least be quite stable and probably go up from here.

Yes he certainly saw it in fiat value, but what I still find interesting is that he actually found a pizzeria that took the Bitcoin as a form of payment. Imagine you would call your pizza guy in 2010, nobody knows anything about Bitcoin and you tell the pizza guy that you are paying with "Bitcoin". Unless they know each other, which pizza guy would agree to take Bitcoin? He must have known at least a little bit about it or how would I even know what this Bitcoin is, what it is worth, where I can use it or trade it. I guess my Italian restaurant around the corner would ask me if I am joking (at least back at the time).

But looking back doesn't make too much sense. For entertainment reasons, yes, but I know quite some people who sold way too early. I am sure there are many people here on this forum who sold way below the ATH we saw in 2021. It's not necessarily about selling 100% of your holdings, but even parts of it would hurt. Resisting to sell is tough when you see those amazing numbers during those bull runs.

Are you saying that when a celebrity decides to promote a project and even gets paid for it that the celebrity is not to blame? As far as I know they haven't publicly announced that it was paid promotion. That's why they had to pay a fine and I think that is the way it should be.

When you read the SEC's announcement I am sure that they must have lots of proofs. They would just announcement some baseless accusations and when he did engage in wash trading, manipulating volume and prices in order to wreck his own community, I think it's right to see him getting sued. They also seem to have some whistleblowers or email material where Sun demanded his employees to actively engage in wash trading.

I wonder though how this will end for him. But the celebrities as well. Often times the harm is done, they pay a fine but the victims are left alone afterwards. Someone like Jake Paul can easily pay $65k. They paid a total of $400,000 combined with six people I believe.

Nobody has the magic crystal ball, but I find it hard to believe that we could go towards $20k again. However, I remember how often Bitcoin surprised me already in the past when it crashed and I thought that X is the new floor and it went lower and lower. But the market looks relatively healthy right now and unless there isn't some specific event, I don't think that we are going to see another 50% drop. That would really be a blood bath from here, but I think that the risk to go short these days is quite significant. I wouldn't do it as I would rather expect a positive movement from here, or maybe some stagnation. But a crash would need some bad news in my opinion.

It was quite interesting in the case of Mt. Gox as a lot of people got into profits that way. Most of them would have probably sold much earlier and now they there Bitcoin were stuck they couldn't take any action to their own benefit.

And this number $7.3B is kind of odd, don't you guys think so? I thought they were almost fully broke, but this quite an amount of money. Now the question really is what values they picked in order to calculate that amount. If there are a lot of illiquid assets the amount could go down tremendously.

Yes I know but since the jump in price was so sudden I thought that some news must be circulating that have caused that instant price appreciation. But it seems that the market still is a bit careful given that we have so many proofs now regarding bank failures in the US as well as in Europe. If market participants were to unanimously consider Bitcoin the safe haven shouldn't we already be experiencing much stronger bull market sentiment?

Right now it does look healthy and it is all good, I guess nobody can complain unless you are still trying to build you stack, but does the crisis first has to hit hard before more people start to shift part of their assets into Bitcoin? Everybody should know by now how that can end as we have seen in the past.

The jumps in price are still relatively moderate compared to what we have seen in the past. Although it comes to my mind that this might be much healthier than a frenzy like we have seen it in 2017 and 2020.