I have been seeing the progress of cryptocurrency these past few years, and I've been thinking, will it definitely be a replacement for physical money and use crypto as a primary transactions in our everyday life?
FIAT money will eventually be replaced with digital FIAT. Bitcoin will be used like it's used today: investment, hedge, HODLing but on a much bigger scale, it will become more widespread imo. |
|
|
|
Can we make it little more fun with this, i will like to hear from us the place we are standing at in holding bitcoin in comparing to those having much investment in bitcoin otherwise called whales and other institutions or individuals having little portion of their bitcoin they are holding, because at the end of it all, everyone is a holder as long as you've invested. Here's the percentage of bitcoin holders and what you need to hold to be in each category belonging to bitcoin holders.  https://twitter.com/Vikingobitcoin9/status/1651922754554195969?t=1mFAzg2Hafpee2A2Adbkqw&s=19In my own case, i still finds myself below the last category which means am holding lesser than 0.135btc as at now, can we make it interactive by giving our own standing point as at now. But where are the whales?  Anyway, I prefer not to answer for opsec reasons and I also recommend everyone to abstain from answering as it could be dangerous! Bad guys are out there hunting for your precious coins!  |
|
|
|
This was supposed to happen but the timing is perfect. A few hours back Taiwan announced that it will allow traditional Banks to offer Bitcoin & Crypto trading services. A month back they had announced that Bitcoin and cryptocurrency regulation are on the way. But why so fast? I mean, what was the hurry? Is it because HK announced a few days back that their largest bank plans to extend its service to crypto? Or it is a competition between China & Taiwan as to who gets a major chunk of the crypto business. Whatever is the reason? I feel that this news should bring a lot of cheer to the market. Why? As another country joins the list that accepts Bitcoin & cryptocurrency as an entity and wants it to thrive. What do you guys think?  I wonder why people are always unhappy? Things are going too slow? Not ok. Things are happening too fast? Unhappy again. We have to be grateful adoption is happening so fast. What is the reason? We can only guess: competition with HK or just a way to p*ss off China? |
|
|
|
In case some of you missed this: Canada's Leylah Fernandez suffered a 6-3, 6-4 loss to 15-year-old Mirra Andreeva in the first round of the Madrid Open on Wednesday. The Russian teen, ranked 194th in the world, needed just an hour and 16 minutes to upset the 49th-ranked Fernandez. Spectacular performance from a Russian teen. Quite an easy win against a GS runner-up! Definitely future TOP10 material!  Another talented teen Brenda Fruhvirtova lost to Kalinskaya in 3 sets: 6:2, 4:6, 4:6. Impressive win! And it seems she is continuing the winning strike since she has won also against Beatriz Haddad Maia (number 14 WTA/13 on Madrid seed). The Russian teen is definitely a player to follow... hoping that she will be able to confirm itself in the next few years... and to cope to a lot of pressure Yeah I watched the match: the Brazilian looked completely helpless. And note that Mirra wasn't using defensive play most juniors are trying to use against WTA stars in their first matches on tour. Instead she was playing aggressively, lots of winners and Haddad Maia actually struggled to return her serve. In fact, this is one of the best performances by a player so young ever. She is in R3 of 1000 series Masters tournament! At 15yo! In R3 she is going to face Linette or Vondrousova and from what I've seen so far she can beat either of them two. Thats an unbelievable result from her again, impressive also to be able to back up that win over Fernandez and beat a strong player as Haddad Maia. Definitely at this stage one to watch and for next round should be interesting to see how she goes against Linette. On the mens side there was a bit of an upset today with the Italian Vavassori beating Murray, that would have been a great bet to take on Vavassori I'd say. I'd say Murray is very close to retiring or waiting for the Grass season. Clay is a very physically demanding surface so it's really hard for the veterans to play (except Rafa obviously). You need top notch conditioning and be completely injury-free. So yeah, I'd say Murray has more chances on grass. Grass surface is not that hard on his joints as, for example, hard surface and isn't likely get you injured like clay (well, if the grass is not wet). |
|
|
|
In case some of you missed this: Canada's Leylah Fernandez suffered a 6-3, 6-4 loss to 15-year-old Mirra Andreeva in the first round of the Madrid Open on Wednesday. The Russian teen, ranked 194th in the world, needed just an hour and 16 minutes to upset the 49th-ranked Fernandez. Spectacular performance from a Russian teen. Quite an easy win against a GS runner-up! Definitely future TOP10 material! Another talented teen Brenda Fruhvirtova lost to Kalinskaya in 3 sets: 6:2, 4:6, 4:6. Impressive win! And it seems she is continuing the winning strike since she has won also against Beatriz Haddad Maia (number 14 WTA/13 on Madrid seed). The Russian teen is definitely a player to follow... hoping that she will be able to confirm itself in the next few years... and to cope to a lot of pressure Yeah I watched the match: the Brazilian looked completely helpless. And note that Mirra wasn't using defensive play most juniors are trying to use against WTA stars in their first matches on tour. Instead she was playing aggressively, lots of winners and Haddad Maia actually struggled to return her serve. In fact, this is one of the best performances by a player so young ever. She is in R3 of 1000 series Masters tournament! At 15yo! In R3 she is going to face Linette or Vondrousova and from what I've seen so far she can beat either of them two. |
|
|
|
I am present in crypto space years ago and I have witnessed two bear market, and I couldn't take advantage of one because of the condition that I was into at the time, but I heard about every good and bad things about crypto.
But I am curious about something and I will like to ask you old Bitcoin OG on here .
Why is it that bad news always comes in a bear market and when we are in a bull market, all bad news about Bitcoin vanished? Are they doing this on purpose? It's always the bear market, after halving everything will disappear and some bans will be lifted, and so on...
Are we been played? Are these people toying with us, knowing that crypto will work but let's scare the hell out of them and take advantage of the fear? I can't come up with anything that makes more sense than this.
I have somewhat different observations: bearish news during bull market make BTC go down, bullish news during bear market have no effect on the price. Why it's so? Manipulation cannot be ruled out completely. Bitcoin has so many foes, I wouldn't be surprised all/some of them would love to see Bitcoin fail. |
|
|
|
That's a very positive news, hopefully it will signal a change in WEF's narrative regarding Bitcoin. Interestingly enough, it had no effect on the price of Bitcoin, even though it was tweeted by Michael Saylor. At the same time, personalities like Elon Musk seem to ignore it. Not sure why he keeps ignoring the positive side of Bitcoin mining and only point out the negative aspects (Elon balls deep in doge?).  |
|
|
|
However, it is important to be aware of the risks and possible fluctuations and to weigh the investment carefully before jumping into the Bitcoin mining adventure.
There are far more risks involved in such a "hassle-free passive profits' scheme" For example the risks here: The risk of NOT actually owning your mining hardware.and many more - the company you would buy the gear for might be a scam and not actually buy it and run with the money - the company claiming colocation might not pay you one cent from the earnings - the company selling you this investment plan might simply overcharge you and change the ToS to make your own money because of costs - the company assets might get seized like in the scenario above Also, it's highly possible that the company which claims to : JB GS Mining GmbH was founded in 2022 by Jonathan Buck and Gitte Schlappner. The two shared a passion for blockchain technology and saw the potential in bitcoin mining, hosting services, and financial and business consultingG. although the domain is 5 days old and might have cropped the datacenter's pictures from https://www.bitkern.com/en/bitcoin-miningwhich sounds a bit scammy to me.  Great post, I hope it will come helpful for some forum members. Because of these reasons, I only invest in things I have full control over. In any other case you're not investing - you're sponsoring somebody's business and completely rely on them. |
|
|
|
I agree that there are those types of investors who classify themselves as angel investors, venture capitalist, 1 etc. But before they become all of these types of investors, from my own perspective, I have put them into some classes. It is not an exhaustive or an elaborative list but at least, you get the idea of where I am driving at. Class of Investors to the best of my understanding New Investor These are friends and family members who are willing to contribute a small quantity of money to your company. The Ponzi scheme Investor One who invests in ponzi scams continuously is this. This is the person who thinks about get-rich-quick schemes. The researcher investorThe researcher investor wants to conduct thorough investigation before deciding whether to invest.They might even decide against investing altogether since, if you wait to make a decision until you know everything, you might never invest. The Wealthy TraderThis one has had a number of profitable investments over the years. They are knowledgeable, experienced, show expertise. What class of an investor are you?
1. https://www.investsmall.co/the-different-types-of-investors-what-kind-are-you/amp/I guess I'm somewhere in between the researcher and wealthy trader. However it's very relative: I'm not a trader but a hodler and I don't consider myself wealthy. Yes, I had "a number of profitable investments over the years" but I'm yet to reach FIRE (financially independent retire early) status which is my ultimate goal. And the researcher can as well be the wealthy trader... |
|
|
|
In case some of you missed this: Canada's Leylah Fernandez suffered a 6-3, 6-4 loss to 15-year-old Mirra Andreeva in the first round of the Madrid Open on Wednesday. The Russian teen, ranked 194th in the world, needed just an hour and 16 minutes to upset the 49th-ranked Fernandez. Spectacular performance from a Russian teen. Quite an easy win against a GS runner-up! Definitely future TOP10 material! Another talented teen Brenda Fruhvirtova lost to Kalinskaya in 3 sets: 6:2, 4:6, 4:6. |
|
|
|
Why do you stubbornly go on quoting moscowtimes.ru? It's a propaganda website with a connection to CIA.
And now a few words about "propaganda channels". Take, for example, your favorite RT! The founder and about him: "TV-Novosti is a media organization associated with the Russian government. Funded from the federal budget of the Russian Federation. Through its subordinate media, including RT, it spread pro-Kremlin propaganda and disinformation and supported Russia's aggressive war against Ukraine." The channel is under sanctions and restrictions Now the same information about moscowtimes - please provide? At this point, let's make some things clear: 1. I am not Russian 2. I don't live in Russia 3. I don't support Russia 4. I don't watch RT or any other Russian channel I'm not surprised however, as you as a slavic person (I presume you're Ukrainian?) become aggressive and take it to the personal level. I don't like propaganda and I don't tolerate lies. I don't have anything against you personally and the Ukrainians in common. Getting back to our discussion: The founder and about him: "TV-Novosti is a media organization associated with the Russian government. Funded from the federal budget of the Russian Federation. Through its subordinate media, including RT, it spread pro-Kremlin propaganda and disinformation and supported Russia's aggressive war against Ukraine." The channel is under sanctions and restrictions What's this? I can't see any source? How is it related to our previous discussion? |
|
|
|
New "achievements of great Russia" - The Ministry of Finance reported on the fall in the price of Russian oil to a new "bottom". The Kremlin's decision to cut oil production by 500,000 barrels per day proved powerless to raise prices for the Russian grade Urals. In March, the average price of the main Russian export brand fell to $47.85 per barrel, the Ministry of Finance reported on Monday. Compared to February, Urals quotes sank another $1.71 (3.4%), compared to January they turned out to be lower by $1.63, and in annual terms they collapsed almost 2 times. So cheap, according to official statistics, Russian oil has never been worth since November 2020, when the global market experienced the shock of the pandemic and the strongest overproduction crisis in history. https://www.moscowtimes.ru/2023/04/03/minfin-otchitalsya-o-padenii-tseni-rossiiskoi-nefti-na-novoe-dno-a38918But some still squeal "Russian oil costs $70" Why do you stubbornly go on quoting moscowtimes.ru? It's a propaganda website with a connection to CIA. domain: MOSCOWTIMES.RU nserver: ns1.reg.ru. nserver: ns2.reg.ru. state: REGISTERED, DELEGATED, UNVERIFIED org: Stichting Potamos https://stichtingpotamos.org/https://www.stichtingdeboomgaard.nl/grants/potamos-foundationProject: Funding English- and Russian-language The Moscow Times - EUR 20,000 (15 November 2021) Potamos Foundation owns The Moscow Times, an independent English- and Russian-language online newspaper. The English-language newspaper was published on paper in Russia from 1992 to 2017 and was both distributed for free and sold as a subscription. The newspaper was popular among foreign citizens living in Moscow and English-speaking Russians. The newspaper became online-only in July 2017 and launched its Russian-language service in 2020. Journalistically, The Moscow Times is back and perhaps more impactful than ever before. The Russian edition offers an opportunity to give an extra boost to the brand. The Boomgaard Foundation contributes financially to this independent newspaper and to the future of a generation of young Russian journalists. After further googling our little Stichting Potamos investigation leads us to Eliot Higgins and Bellingcat. I'm sure you know Bellingcat is a MI6/CIA sockpuppet, just to make sure here's Eliot Higgins' twitter feed: https://twitter.com/eliothiggins/In other words - this website has nothing to do with Russian state media (or Russian media at all?) apart from the .ru domain apparently. - Finland officially joins NATO and becomes the 31st member of the union. +1340 km border with NATO from Russia. The Baltic Sea has become NATO's inland sea More lies: Sweden is not a part of NATO. There is access to the Baltic Sea from mainland Russia and also from Russian enclave of Kaliningrad (sheeeit, at this point Bozo the clown looks more credible than you). - In Russia, the shadow economy collapsed: more than a million citizens lost their unofficial jobs The shadow economy of Russia, which before the war, according to RANEPA, accounted for up to a third of the national GDP, experienced a shock unprecedented for more than 10 years. The number of people employed in the informal sector, which includes workers in the gray, as well as individual entrepreneurs and their employees, decreased by 1.2 million people last year, Vedomosti reports, citing Rosstat statistics. https://www.moscowtimes.ru/2023/04/03/v-rossii-posipalas-tenevaya-ekonomika-bolshe-milliona-grazhdan-poteryali-neofitsialnuyu-rabotu-a38851Wait, if illegal employment has collapsed, it's actually great for Putin? More taxes will be paid? I will specifically save your original text in full - everyone should enjoy it 1.1. "Why do you keep quoting moscowtimes.ru? It's a CIA-linked propaganda site." - evidence and facts that this is a CIA PROPAGANDISM SITE? 1.2. Can you refute the facts that this resource publishes? If yes, please provide proof? ))) 2. - Finland officially joins NATO and becomes the 31st member of the union. +1340 km border with NATO from Russia. The Baltic Sea has become NATO's inland sea More lies: Sweden is not a part of NATO. There is access to the Baltic Sea from mainland Russia and also from Russian enclave of Kaliningrad (sheeeit, at this point Bozo the clown looks more credible than you). Say SWEDEN and FINLAND, are they the same in your mind? I have to disappoint you greatly... Sweden has applied to join NATO. The signature remained for Turkey and Hungary. It will happen this summer 3. “Wait, if illegal employment collapsed, is that really great for Putin? Will taxes be paid more?” - no, just the SEGMENT OF THE ECONOMY, which is not being replaced by the real sector, just collapsed. Learn the basics of economics - that's my good advice to you PS Tell me - do you really like to look so stupid? Congrats, you've reached a whole new level of retardation. 1.1. It's over there, quoted just above your text. 1.2. Np, just post any latest "news" from moscowtimes.ru and I'll refute it easily. 2. What can I say? You're indeed retarded... I was referring to countries having access to the Baltic Sea and your lie about it becoming NATO's internal sea. 3. Great way to find out if you're arguing with a troll - no facts or proof, just baseless insults |
|
|
|
For me there are two to watch tomorrow, Wawrinka plays Cressy and Gasquet plays
Landaluce, would like to see both veterans come through their matches.
I agree, these matches look promising. Meanwhile, getting ready for Madrid showdown. Some interesting matches can happen early in the draw. Medvedev could face Murray already in R2 and Tsitsipas could meet former World No. 3 Dominic Thiem also in the second round. Medvedev and Tsitsipas have byes in R1, whereas Murray and Thiem will have to defeat qualifiers in their R1 matches. Speaking about qualifiers btw, it may appear a tricky task as guys like Karatsev, Cerundolo and Cecchinato are all playing in qualification. P.S. Just checked the results and Cerundolo seems out. He unexpectedly lost to some Shevchenko guy 6:7, 4:6. |
|
|
|
 https://twitter.com/search?q=dormant%20address%20%23BTC&srcI actually don't care about this because for me btc price will always fluctuate for various reasons. But when I look at this, maybe a bit worried, I don't know how many people in 10 years ago still own a lot of Bitcoin until today and sell it at the same time. So What you're though?. why are they selling it now, and not on ATH acouple years ago?. Not impressed. 7k BTC can't move the market considerably nowadays. Besides, they aren't necessarily selling, perhaps they're just consolidating wallets, or moving between wallets? |
|
|
|
I saw some message in the Bitcointalk.org where some users are trying to sell their account just to get what to eat not knowing that they can use that account to work to get a huge capital that will bring them out from poverty, and make food surplus in their home.
Oh really? How? Teach me! As to the account selling, what if it's their business and they create multiple accounts, get some merits, improve forum rank and sell them? |
|
|
|
We have read many similar predictions by many market analysts and so-called Bitcoin enthusiasts about the bright future of Bitcoin. This is not surprising and this post is not a speculation post. What is surprising is that such kind of optimistic predictions is coming from one of the banking majors. The current banking turmoil has helped Bitcoin to win the trust of the people. Read here: https://www.reuters.com/technology/bitcoin-could-hit-100000-by-end-2024-standard-chartered-says-2023-04-24/Not all battles are fought on the battleground. Some are fought silently and patiently and time decides the winner. We are surely on the winning path! Thoughts? It's a very conservative forecast. Current ATH is around $70k and we'll likely reach (and exceed) it next year. If we take a look back at previous cycles, ATH had been broken in the third year of the cycle. Last time we went from ~$20k to ~$70k so something like x3.5 increase. At the same time, many bitcoiners agree that the previous ATH was ruined by some political and economic events and growth was stopped prematurely, so we can as well exceed x3.5 and shoot to like x5-x6, so $70k x 5 = $350k. So there's a good chance at least $200k will be reached next year. For sure, these are just speculations... |
|
|
|
Couple of hours ago there is in news on Twitter saying BRICS countries (Brazil, Russia, India, China, South Africa) are developing a new currency. It was mentioned by State Duma Deputy Chairmen btw.
As I can see all these things to manipulate BTC right? What are your thoughts about this?
I don't think the idea behind this new currency is to manipulate Bitcoin. I'm also pretty skeptical regarding all these artificially created currencies. USD will die eventually and cease being a global reserve currency, but it has to die of natural causes so to say, any artificial new currencies are destined to fail. I guess they're doing this simply because they can't agree on which of their national currencies will be used as a reserve currency (Yuan or Ruble?) |
|
|
|
Djokovic missing Madrid is big news. Its amazing how a simple incident which causes
an injury can compound on top of other things within a season, he missed Indian Wells
because of visa rows and now an injury, his season so far has been disrupted.
I wonder if this is a worrying thing for Djokovic and his career, is this the start of
his final years?
As regards Madrid, the threat of Djokovic has been removed so I'm sure the other
top seeds will fancy their chances even more!
Alcaraz has to be big favourite
Without any doubt, Nole doesn't want to take any risks before RG. He has an elbow injury if I'm not mistaken and he played in a compression sleeve in Banja Luka, which is not a very good sign. By missing Madrid (and possibly Rome) he will try to win some time to heal his injury. |
|
|
|
Although within this community Bitcoin is practically the only currency in which everyone believes, just look around a bit and we will find thousands of people who think otherwise.
At this point I wonder, what reasons should we give these people to make them realise that Bitcoin is a right choice? The first argument that comes to mind to convince a person who is sceptical about Bitcoin, is first of all that with Bitcoin you no longer need to delegate the custody of your money to a third party (banks, mutual funds, etc.): you are the master and you hold them. What else would you add?
You shouldn't do that. If a person is skeptical towards Bitcoin, he doesn't deserve it. For years I've tried to persuade people to buy Bitcoin but failed every single time. Let go, you can't do that. Everything will come in due time, it means you're too early and their time has not come yet. Most of them will buy but much later and at a much higher price. |
|
|
|
I know huge capital is required to meet up huge financial expectations, what's the minimum volume of income one can use to start mining? In a situations where you trade with different strategies and still hits wrong targets, if you apply or use same trading knowledge for mining won't one still loss in mining too? Because I don't have enough money with me, so am trying to cut losses if mining too will not favor me I will decided to venture into mining too again.
Can I start mining with $300 and grow from there?
Maybe possible if: a) you have free electricity b) know someone who is willing to rent an ASIC miner for a reasonable amount c) you start with obsolete hardware and shitcoin mining, converting shitcoins mined to Bitcoin. |
|
|
|
|
Show Posts
