It is common sense to say that halvings will likely have less and less effect with coming halving due the less supply distribution being halved, but let's not forget that halvings are still bombastic news.
Also, don't underestimate the compounding effect of the fact that there will be less selling pressure.
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It's not really a new one, though. They just found a rather long-winded way to propose renaming "bits" to "nakamotos". Sounds worse to me. Imagine some crappy infomercial and they say:
"Only 39 naks and 99 sats, plus shipping and handling".
"Naks" just sound weird. "Bits" is more recognisable and memorable.
Well yea, didn't notice that lol. Nakamoto sounds decent because we have Satoshis, but the shortcut "naks" sounds awful. But I don't like "bits" either as "bits" is already a common word that could mean either something like "smaller bits" or "bits" as in with relation to memory. Eitherway, I'm not a fan of using either. Sats all the way.
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Not necessarily against a new unit of account, but this is unnecessary. The Bitcoin community can't even decide upon what unit of account should be used (it's sats vs bits), and we're going to introduce a new one?
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A lot of mobile wallets are already pretty easy to use (outside of the typical 12-24 word backups that most people don't like). Check out BlueWallet — it's pretty much the wallet I recommend all the time to the newbies. https://bluewallet.io/
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It will depend on the state of the markets. On the top of my head — in a bullish market, if theoretically Bitcoin suddenly became centralized through whatever reason, the money would likely flow to other majors like Ethereum and (probably) Litecoin. In a bear market, bitcoin would be pulling everyone down with it.
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What do you mean? Bitcoin has been on a sideways chop since forever now; and while I'm no trader, I don't even know how you can make bullish/bearish decisions based on such a long stability period. It seems to be coiling though, what the direction will be will be your guess.
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That's simply because of human nature. Now our only goal is to not fall into the same pits that people in the past have fallen onto.
Though unfortunately for the most of us, experience is the best teacher. That's not necessarily bad though; as long as you jump back up and try again.
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VR/AR can definitely transform virtual non-physical events, but NFTs in this case is optional. You can have ticketing without NFTs, just like how we can view online streams and events today the traditional way without NFTs.
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The topic title is about how 93% of bitcoin total supply has been mined, but the OP post is about another thing entirely.
OP edited the main post after I made my response, changing the topic entirely lmao. OP pretty much said that everyone — even future children(yes, the unborn) should have fair distribution of bitcoin. Like.. 🤨
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All you guys care about is fiat gains, your lives are fucking meaningless. Go plant some damn food or build buildings contribute to humanity. Fuck everyone on this forum, the wef, the central banks and all the politicians and bankers, bunch of fucking pieces of shit.
Big words coming from someone getting angry over some inanimate numbers over the internet. You're assuming we're just sitting in our asses waiting for BTC price to increase, but in fact like 90%+ of people here are living normal lives with normal jobs/businesses lmao.
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So.. you want to instead own an asset that would still continue to have emissions in the far far future just so future kids can still mine new supply?
Like.. you know..
inflation?
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I've read a lot about this when this news was released, and I've read multiple times that those statements were just made for 'legality' purposes. I'm no expert in law though, so take this with a grain of salt.
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First unofficial rule: Probably read around or use Google first before asking as to prevent redundant questions. This questions is being asked like a few times a week. Topic: New to the Forums, hello everyone! https://bitcointalk.org/index.php?topic=5459900.0
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Pretty hard to talk about this knowing that there are various degrees of both obsession and addiction. It's not binary — it's a spectrum; just like how two money-obsessed persons have different degrees of obsession.
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You know it's a totally overblown bull run if you're already looking at marketplace prices on luxury watches, cars, expensive collectibles, and the likes. Thinking that you're some hot stuff and that you're better than Warren Buffett or something.
Basically, euphoria.
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There are legitimate "free" NFTs through platforms like Solana's Drip.Haus. This on the other hand, is 99% likely to be a scam.
^Also take note that anyone can make their own NFTs, but it doesn't necessarily mean that it will end up being worth anything.
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PayPal is not in many countries in the world. It can make fiat transaction easy for you but what about others. In my country, to send fiat to people has no fee while using some banks. But what about international transaction? That is where bitcoin is an advantage with low fee.
A lot of countries have their own iterations of PayPal; and if a certain country isn't technologically advance enough to have their own version of PayPal, chances are, most of the people can't afford to pay Bitcoin non-lightning fees. Also, stablecoins through Tron and Solana. Bitcoin's importance is still mostly the currency itself rather than the payment system.
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I'd still prefer taking a computer science(CS) course para mas wide ung scope. Para pag nag die down ng konti ang mga crypto-related companies, e pwede ka parin makahanap ng trabaho sa ibang tech-related companies. Hindi ung totally focused ka lang sa blockchain.
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They may or may not be selling your information, but always remember that hackers/scammers can get your email elsewhere. Heck, I frequently receive Coinbase-related phising email even though I don't even have a Coinbase account.
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Bitcoin replaces more of the currency rather than the payment system. If you only wanted something faster, PayPal and other centralized services exist. A decentralized peer-to-peer currency though, we didn't have before Bitcoin.
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