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So basically you think that we all should work to pump Roger Ver's fork of Bitcoin?
We should invest into a fund that will work on making his coin more popular so that he can make even more money, is that it?
BCH is not a "save the world from bitcoin fees" project. It's a business for a group of people who decided they want their own coin, but instead of making their own altcoin they wanted to hijack Bitcoin and make their coin the new bitcoin.
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I have woken up to some surprises some good some bad. If you are day trading and not planning on going long but are actively trading daily,
If you're shorting Bitcoin you are going to keep waking up to some surprises over the next few months  I'm not joking. You are shorting an asset in a bull market, going against the trend. Good luck to you, you're gonna need it. before you go to bed each night should you put some stop limit sell orders in just incase it crashes over night especially when we have seen the price double this month, meaning it could go back down to 15k btc quite quickly,
At this point thinking about BTC at 15 thousand is more or less like when those shorters in 2020 at 5000 were hoping it would crash to 1000. You're lacking fundamental knowledge. For us to go to 15 we would first need to go through a trend reversal. If you're watching the market every day you're going to see it happening. It's not going to go from 30000 to 15000 in 1 night. |
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It can and it will.
Bitcoin always goes through cycles and these cycles aren't going to stop just because institutions have invested. These cycles are there because people always overbuy and oversell and go from greed into fear and back into greed.
In this cycle we are still between the lowest and the highest point so it's too early for a crash but it will happen. Maybe at 50 thousand, maybe at 100, we'll see.
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This is exactly how adoption looks like. If that guy had a store near my place I'd drop in for groceries and a little chat. A bitcoiner will always find something to talk about with another bitcoiner. Hoping they will disregard XRP  (kidding). Why are you kidding? It's a serious matter. Centralized shitcoins should die.  |
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Since people have different backgrounds and live in different environments, how are you going to make them all equal at mining?
OP, you'd like to put every animal in a race and hope that an elephant will keep the pace of a horse. You can't enforce your dumb equality on the world!
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The topic is misleading. They are considering it which doesn't mean you can get a salary in bitcoin.
Don't get too excited people!
It's a great idea.
There will be an opposition from people who think investing is gambling and they will surely treat this like these people are betting if their salary will be higher or lower next month. I hope the government is smart enough to ignore this and proceed with the plan.
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Thats what $21trillion, almost 8% of all the wealth in the world??
There's a mistake in the way you count this. A lot of coins is lost and some coins will never be up for sail because people who hold them will simply use them as colateral or a safety fund so to them it doesn't matter that much if it goes to 100 thousand or 1 million. They will still hold. We don't have 21 million mined yet so your number is already down by 20%. Out of the coins that were mined and weren't lost maybe half is available for purchase. You don't need 21 trillion dollars for anything. Even if the price hit that level this his number would only exist in statistics. |
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I guess I'm a crab, but I'm working on becoming an octopus At this point, unfortunately, I'm Shrimp, and it looks like I will have to fight my way up  I guess 99% of the people around are Shrimps too. I was an Octopus three years ago, but those are long forgotten times. If you asked me without revealing it I'd say that you must be at least a crab. Most legendaries on this forum should be crabs or higher, especially if they ever participated in a campaign of some sort. In 2017 and 2018 it was really easy to make 0.1 BTC. You could do that in 1 month. If you were here in 2013 or 2014 you could make 1 BTC per month. |
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Are you asking if we will advise you to break the law and get a fake ID? It's common for exchanges to hijack your money. It happened to me on poloniex and bittrex. Polo after a year or so removed the requirement and allowed me to withdraw my coins but bittrex stole what I had there. Not allowing people to withdraw crypto is theft. If you have no personal data on the exhange you could ask someone trusted to do the verification for you and withdraw those coins for you for a fee but this also isn't without a risk. I don't know if being honest with your location is going to be better or worse in your case. If they find out you were trying to register with a fake ID they could ban you. |
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Even if it was FUD it is still a bet that the SEC will just fine XRP and that will be the end.
The SEC is just the begining. If a coin has a weak point it's going to be abused. When it comes to XRP their weak point is the company that manages it. It can be sued, it can go bankrupt, it can scam you and run away, it can be a target of a terrorist attack, you name it. XRP is a bad coin that's what you should learn from this situation. The SEC action should be a warning to investors. |
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It's nothing strange really. (0 - 0.001) addresses are the largest group because those include change addresses. These addresses are made automatically when you spend coins from your main address. It means that if you had bitcoins for a few years and transacted many times time from that wallet you have a number of addresses with those leftovers within your wallet. You are 1 person, but have many addresses that you did not intentionally make, some of which have 0.01, some with 0.001 and some with dust like a few satoshi. wouldn't surprise me, an entire btc is worth more than most people's life savings
I read that in most countries about 50% of people have between 1 and 2 times their monthly wage saved up. It doesn't matter if the country is rich or poor. Even in the USA a large number of people doesn't have any savings. |
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Some people still believe that the price of Bitcoin will still dump to 20k or even lower.
More reason they are feeling reluctant to buy now. Whatever the case may be, Bitcoin may still dump to the price of thirty thousand dollars but people shouldn't wait for that.
A dump to 20 thousand is still possible and it won't really change much. It will only postpone the bull market. If we were to go to 20 and hold there it would mean that the last top is now a strong support which means that price is bound to go higher, which means we are in a bull market and the dump doesn't change anything. 20 would be a better moment to buy but it doesn't mean 30 is a bad one. It's just worse. |
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I want to remind all participants of the topic a historical example:
Once upon a time there existed, albeit not the most powerful, and not the most influential, and even under-empire, called the "Russian Empire". She captured a lot of foreign territories, resources, people. And by a certain moment, when a stratum of the rich was formed, something was built there, the economy worked more or less stably, and then there appeared "revolutionaries" whose idea sounded like this: "take everything from the rich and divide it among the poor" ... As a result, it was built an eternally poor, embittered, wild country called the USSR, which eventually collapsed. This is a historical example that says that one cannot "take away from the rich and divide among the poor", this will not lead to a solution to the problem, but will only aggravate it ...
This is such a good example. We can take an even broader example. Every single communist and socialist country that ever existed either collapsed in time or made the people miserable, poor and deprived of human rights like North Korea. Maybe this is why they hate capitalism so much because it works and their system does not. |
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Since it's said by a representative if the central bank I'm all ears. After reading this I know that now it's getting serious, time to sell all my bitcoins because the central bank told me to My question to him: If I invest in Deutsche Bank or some Cyprus branch, should I not be prepared to lose all my money? |
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My story has many similarities with yours OP. At first I thought that altcoins are a better choice because Bitcoin is expensive, so I was buying cheap coins which was a mistake because most of them gained much less than Bitcoin over time and some lost a lot in the bear market of 2018. When I finally had some bitcoins I made a bad choice of selling a bit each year at levels that I thought to be high. Looking at that now they weren't high enough. We learn while being her. Worst thing you can do is give up and leave. |
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If it passes it's going to be a dead law like one of those laws in the UK where you can shoot a Scott found carrying a bow and arrows in York How are they going to prove that you hold Bitcoins? How are they going to find spots in jail to hold people if this is more a misdemeanor than a crime? Are they going to put people in jail with thieves and murderers? It's going to be counterproductive and make them a lot of enemies in a very short time. Pretty stupid of them to even attempt it. |
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Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor
Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
I think this is not about creating an anti rich laws but the choices that we have. We have plenty of choices if we want to put work into it, just like I did. I went to college with just a penny, I literally had about 5 shirts to wear. I did it all with student loans, paid it all back also. Saying the poor doesn’t have choices is just making excuses. It’s always easy to come up with excuses on why you can’t do something. Nicely said! Socialists want everything to be given to them and they always look at other people and count what others have. Look at yourselves, put some effort into your work, count your own money and keep your hands out of other people's pockets! |
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What happened OP? Did you go long after Elon's pump? Bitcoin was undergoing a short-term correction in its big bull run. This bull run is going to continue in a few months but in the short term it's going to be back and forth around 30 thousand dollars. Bitcoin can react to news during this time and you shouldn't be too crazy about it. If you bought keep holding, you're not going to lose in the long run. If you bought that short squeeze 2 days ago and then sold when it went down you fell victim to manipulation. |
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Always choose Bitcoin if you can.
The explanation is short and simple. It's because altcoins always follow Bitcoin with crashes. They can pump on their own but they will always crash with Bitcoin so it's much safer to own Bitcoin even if you can make a bit more money on some altcoins.
Once you get Bitcoin you can speculate with ETH or anything else.
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Disadvantages of Bitcoin:
1. Not 100% legal everywhere
You don't have to be everywhere.  2. Opposition from government authorities
Only in very few countries like Russia or India. 3. Requires at least basic technical knowledge, in order to store and transfer BTC Not really. Just buy a hardware wallet and follow the instructions. If you can manage a smartphone you will know how to use a hardware wallet. 4. Susceptible to wallet hacks Hardware wallet hacks? Just get an offline wallet. 5. Lack of liquidity Check volumes on binance, coinbase, bitfinex. I wouldn't call them low. |
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