When each and every analysis was bearish on the bitcoin and everyone was expecting bitcoin to dump to 12K-14K$, the bitcoin start pumping and reached 23K in few days time.
Also, when we look at the fundamentals, they are also all bearish with events like Luna Crash, FTX Crash, Stable coins fund, Gemini and other companies' bankruptcy.
Also, we do not have any positive news about bitcoin recently, do we?
In these times, the bitcoin to pump makes me wonder whether it is due to manipulation and short squeeze to liquidate many short positions opened on bitcoin?
Bitcoin doesn't give a damn about fundamentals, TA, news etc. There have been too many attempts to manipulate Bitcoin, including "China bans Bitcoin", "Bitcoin is a ponzi and it's going to 0" etc etc etc that is has become less prone to it. Besides, we dropped below $19k, which was the previous cycle's top and such behavior is abnormal for BTC to say the least. When Bitcoin is sinking and it's accompanied by great news nobody is surprised. When there are no good news and we're pumping everyone is so shocked! Why?  |
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Of course, we certainly know that not all countries in the world are progressing, especially in the economic field.
I want to ask everyone, can adopting bitcoin help a country's economy? especially countries that are experiencing bankruptcy, for example, as experienced by our brothers in the country of Sri Lanka.
but if my think can! a country by adopting bitcoin will help its economy, as long as it is adopted on a large scale.
for example as follows:
: all people who can afford it are obliged to invest in bitcoin, but of course investing in bitcoin is only made as a side job. but of course investing in bitcoin must be in accordance with the capabilities of the community, because society of course consists of rich people and poor people, but in my opinion investment in bitcoin can be achieved by all people, because investing in bitcoin can start with small capital or large capital .
So in that way I think the people's economy will be helped, so in this way a country's economy can also be helped because the community invests in bitcoin.
and finally the government must provide lessons about bitcoin to its people, or add it as a new subject for students, and also provide special lessons for those who are not in school, namely so that people know the risks of investing in bitcoin,
etc.
what is my understanding like that, I ask for your opinion from all of you?
Bitcoin is definitely not a panacea and shouldn't be treated as such, but... if there are some skillful managers supervising the country's economy I believe they can find a way to improve things using Bitcoin. First, you could use Bitcoin to tackle inflation. And we all know why: total number of Bitcoins is limited (in contrast with all fiat currencies with virtually unlimited supply). Secondly, you can use Bitcoin to launch tax-free Bitcoin-friendly zones/cities (like El Salvador did). Finally, Bitcoin can help improve financial literacy in developing countries as using Bitcoin requires some basic extra knowledge (as opposed to using paper money) of finance and IT. Just my 2c. |
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Wow, that would be HUGE! I guess first thing I'd do is cash out some fraction of my stash because if Bitcoin would be accepted as legal tender globally it would skyrocket well above $100k! That would be fun!  |
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That's certainly one suspicious bet. If the guy would win that bet, that would most probably be investigated by the bookie's security department. I can't think of a reason why the guy made this bet and why he considered it safe? Was he drunk or high?
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So this was my father's bitcointalk account. There's also wallet.dat and a text file:
bitcoin.org
bitcointalk.org
The password is THE DATE
13zEUPdpCDT3JGqv4o61vXQpgWWdxMEZeX
The coins are still there. I guess I can try some dates
I've never used the old Bitcoin client. What do I do?
I don't see any reason in trying to guess the date. Just run the brute-forcing software/script an configure it to use numbers only. As there are only 10 numbers: 0,1,2,3,4,5,6,7,8 and 9 such passwords are considered unsafe and can be brute-forced easily. P.S. What happened to your father? Is he alive?  |
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There is always this most painful season in crypto space that hurts even the strongest of crypto holders out there where they will almost give up, I don't believe that this bear market will be different, if you are here in 2019 you knew what I am talking about.
It will get to a point where many will start losing hope on crypto, a more painful bottom will occur and holders will lose faith, the bear market will look like it will be here forever.
We are not at this point yet so do not get too confidence that a new all times low is no more possible, no one saw COV-19 coming in 2020 and anything can still happen between 2023- 2024.
So true, i see a lot of people celebrating an end of bear run. But this definitely isn't an end. Infact I won't say anything is an end until we reach 20% near the recent all time high that we have. You see market will not behave the same way because big whales know they can't be predictable for retailers so ideally they will always try to make things uncertain give you fake hints. I am expecting this time bear run can stay for a longer period of time because of a lot of accumulation is required to make btc 100k. It's like your personal subjective opinion. We were denied a proper top last cycle, second top and ATH happened early. So, methinks it's now time for the bears to be disappointed. We'll reverse and the bears will be left out without a proper bottom. They will be panic buying at $30k or higher. |
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I try to use direct crypto payments where possible. Where it's not supported, I use Skrill, Paypal and some disposable virtual debit cards. All in all, I have to say huge progress has been made lately. You shouldn't have to rely that much on wire transfers and other old school payment methods. |
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There is always this most painful season in crypto space that hurts even the strongest of crypto holders out there where they will almost give up, I don't believe that this bear market will be different, if you are here in 2019 you knew what I am talking about.
It will get to a point where many will start losing hope on crypto, a more painful bottom will occur and holders will lose faith, the bear market will look like it will be here forever.
We are not at this point yet so do not get too confidence that a new all times low is no more possible, no one saw COV-19 coming in 2020 and anything can still happen between 2023- 2024.
I wouldn't be so sure. IMHO we have already seen the bottom this cycle. We are not going any lower. Down from $69k to $16k doesn't feel enough pain for you? How much is that? 78% down? |
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I was introduced to Bitcoin talk org six years ago but I never took it serious because I feel digital money is not real. My non willingness to learn, has cost me a life changing opportunity but now, I know better😀.
In case you are just like me, let me give you a brief run down of what i have learnt so far about bitcoin and its benefits
Bitcoin is real money and is used around the world.
No one can censor bitcoin transactions because it is using computational algorithm called proof of work.
It is very accessible, fast and easy to use.
Bitcoin is a life changer.
No one can steal your bitcoin.
This is true for 99% of people. But... you're still early. Bitcoin is quite cheap right now, so I have to say you've seen the light at a very appropriate time. Buy now with all you have, go all in and you won't regret it. Just to remind you, 6 years ago, in 2017 Bitcoin was $19k, currently it's $21k. So I haven't earned much with my stash for the last 6 years. |
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i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?
Short-term investment can be considered gambling or lottery. You can lose (most probably) or you can win (if you're lucky). If it's time-limited and you need to cash out at some certain time it's always a bad idea. There's a significant chance you'll have to liquidate at a loss.  |
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US default is not possible, until one day it is... all previous empires in world history went down in flames why can't US follow suit one day? You have to be completely retarded to go bust when you're in control of the dominant global reserve currency but for some reason I'm getting more and more convinced it's totally possible and will happen sooner or later. |
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No reason why, nothing. Is it common? Anyone here also dumped by Coinbase just like that? Be happy they are giving you the option to withdraw coins to your own wallet or bank account. I heard cases of people ending up with frozen coins and closed accounts without any clear explanation, so you are certainly not the only one. Some exchanges consider gambling, coin mixing and connection with sanctioned countries as high risk, but they don't need to give you any explanations for closing account, it's in their terms. I would suggest switching to p2p trading and decentralized exchanges like Bisq, to experience real freedom without kyc. Weird, I haven't used these funds for gambling/coin mixing and I have no connection with sanctioned countries. I will take a look at Bisq thanks. P.S. Yeah it's really nice they're not freezing the funds at least.
No reason why, nothing. Is it common? Anyone here also dumped by Coinbase just like that? this only looks to me like certain restrictions have been introduced according to the country you come from. there can be various reasons for this and it is only a question of harmonizing with some regulations. I would check it, but I would definitely withdraw the funds from there as soon as possible. There are no restrictions placed on my country, at least what I'm aware of. That's why I was asking if something similar happened to other forum members lately. Then thousands of users would be affected and also somebody would reply here in this thread I guess. So, it seems it's something about my account specifically. |
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Contact Coinbase customer care to let you know the reason they want to close your account if you are not the one that went it to be closed. It can be because of many reasons like Coinbase is no longer supporting the country you are and can be because of other reasons, their customer care will help you and let you know the reason.
But how? Support chat bot is not particularly helpful and it's refusing to connect me with a live agent. There is no option "My account is getting closed by Coinbase" in email support menu. |
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I'm a long-term customer of Coinbase. Had an account and a card with them for years with no issues. Today I received this: Unfortunately we have to close your Coinbase account. Before your account can be closed, you’ll need to withdraw your crypto funds to an external wallet and your cash funds to a bank account associated with your Coinbase account. If you are currently enrolled in USD Coin rewards, you may want to wait up to 40 days before withdrawing funds to ensure you have received all eligible reward payouts. You will not be able to access these funds after account closure. Please take precautions when transferring cryptocurrency to an external wallet as transfers outside of Coinbase are irreversible. Please also be sure to delete any external references to cryptocurrency addresses generated by Coinbase, as funds sent to those addresses will not be accessible once the account is closed. If you have any questions you may visit https://support.coinbase.com. No reason why, nothing. Is it common? Anyone here also dumped by Coinbase just like that? |
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Could you elaborate on this claim? You mean the software itself can be harmful or it's some gullible peeps giving scammers access to their PC without realizing it? I haven't heard about anyone getting hacked by running Teamviewer or AnyDesk (without giving full access or similar silly actions). No i don't mean that software itself can be harmful, this is more threat to inexperienced users whee they give access to your computer by social engineering. If you know what the program is used for you obviously would't give an access to anyone. But scammers are always targeting the weakest, uninformed, not tech-savvy people they can manipulate. I was referring to these guys and tactics they are encountering: https://www.youtube.com/c/ScammerPayback/Watching them will be worth the time as they often are hilarious and contain so much scammer tears. Yeah, I was a bit shocked as I thought there was some new vulnerability found in that remote access software you mentioned. But social engineering is of course a very powerful tool which can break any password or encryption algo. I remember I read a study regarding this and it was mentioned there that social engineering tricks were behind some 70-80% of all hacks/incidents so let's not underestimate it. |
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This is not a scary story that Smack That Ace told us, but still the situation is not very pleasant...
No increase is pleasant, but no need to spread bs while real situation can be easily checked. I suspect the truth is somewhere in between +800% and +40EUR. Although +800% is possible in some countries too (I heard Bulgaria had some really drastic energy price rise) Well, I would like to hear in which Europe countries gas heating for families increased by 800%. We all know that prices increased and its not pleasant at all, but its one thing for price to increase 100% which happened in some countries but completely different to get increased by 800%. and +40EUR is possible if you use some tricks, like solar panels or a heat pump for example (something about his sister's house the poster was not aware of).
They are not using any "tricks" like solar panels (they do plan to install them as from what I could see a lot of their neighbours have roofs of their houses covered with them) but their house is pretty new (built 4 years ago) so isolation is good which can affect how much you spend on heating (and cooling). Still, even if they lived in an old house I don't think that increase would be nowhere close to 800% like that guy from the screenshot allegedly had. Well, if you claim their bill was 120eur last year and is 160eur this year I'm calling this claim bs. 160eur bill is only possible perhaps for a one-bedroom apartment in Germany. How big is their house? It's not a sea container sized house? I have some info on energy prices in a few EU countries. Bulgaria and Baltic states were hit the most I guess. Electricity is up from ~5cents to ~50cents (for business consumers). Gas heating bills are up from ~100-150eur last year to roughly 300-400eur this year in the Baltic countries. I can't provide any proof like a scanned copy of energy bill but it's coming from very trustworthy sources. |
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Fiat and crypto and stock is bs, but property although is just concrete but it is real.
I know all stock investor loss money and some of them are killed, but not all property investor loss money, when Elon Musk said crypto is as bs as fiat, I challenge him to prove me property is anything resembling bs.
When you buy into stock, you get snake oil, but promised it’s indeed a “business”, stock =/= business wake up. When you buy into property you indeed get the concrete box, you indeed get what you paid for, I don’t know what stock investor actually buying into, they tell me they’re buying a stock and it is a business, I try to fathom whatever they said, but stock is stock, business is business, you can’t mix something that’s totally different word by word, or context by context, or content by content, it’s snake oil and they’re buying into delusional snake oil and in the end they get thin air certificate that tell them they’re entitled to the business, it’s so funny investor are so gullible. But what is there to say, when I tell them, they’re scammed they don’t believe me and even being very hostile on me and call me retard, they think they’re getting the business when they buy the stock, what give?
I'd say everything is bs, except for crypto. Well, not really crypto but Bitcoin (yes I'm a Bitcoin maxi). FIAT can be printed without limits, get devalued by inflation or confiscated, stocks are volatile af and any company can go bust too. RE can be confiscated too, plus you have to pay land/house tax in many countries and if you don't, it will again be taken from you by the government. Bitcoin is the only true value - it cannot be confiscated, destroyed like paper money, it cannot be eaten by inflation. |
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Monthly gas bills increased by 800%, from 81 euros to 651 euros per month. This is the result of EU governments declaring that they have enough gas for this winter and will never need Russian gas again. This is just one of the families in Germany, but I guess this is a well-to-do family that can spend that much money. How will the poor and working class cope with the harsh weather conditions?
Cool story bro. You live in Germany/know someone there or you believe everything you see on the internet? I spent Christmas holidays in Germany at my sisters place and we talked exactly about the gas price issue. So, they live in a very comfy 170m2 4 bedrooms & 2 bathrooms house and last year they were paying 80 euro per month for gas and this year gas company increased it to 120 euro per month. Just to add that she relatively recently gave birth to a baby so they are keeping house really warm (even too warm for my taste, I walked around the house in a tshirt in the middle of winter) and not trying to save money by freezing their asses off. Now go check how much an average family makes in Germany and see whether they can handle 40 euro increase per month. I am living in a Northern part of Europe and he is my cool story. Small flat around 62m2. In January 2022 bill for December 2021 the line "heating" stated 121,48 EUR. Bill for December 2022 "heating" is already 176,51 EUR + 109,98 EUR that is covered by government as a support. Country average salary is around 1300-1500 EUR. My parents live a private house, probably around 250m2, they have gas heating. Right now they have a fixed monthly gas payment around 500 EUR, but previously they have paid about 200 EUR. This is not a scary story that Smack That Ace told us, but still the situation is not very pleasant... I suspect the truth is somewhere in between +800% and +40EUR. Although +800% is possible in some countries too (I heard Bulgaria had some really drastic energy price rise) and +40EUR is possible if you use some tricks, like solar panels or a heat pump for example (something about his sister's house the poster was not aware of). |
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I will provide direct remote control to the customers (TeamViewer or AnyDesk )
If you want to invite other people to do (TeamViewer or AnyDesk), you must have an account that has earned trust in gambling on this forum, currently you are still a beginner only 4 posts, you want to connect people's personal software with you, anyway I don't think people here use remote desktop apps for extra bets. -cut- If i may add that both of those softwares has been famously being asked to install by Indian scammers, made famous by @ScammerPayback in youtube. No one in their right mind would do any business with op who is now trying to shill his own posts with newb accounts, but i guess the target audience of OP is people lacking tech knowledge that might have crypto to steal on their computers. Perfect target audience for a scammer Could you elaborate on this claim? You mean the software itself can be harmful or it's some gullible peeps giving scammers access to their PC without realizing it? I haven't heard about anyone getting hacked by running Teamviewer or AnyDesk (without giving full access or similar silly actions). |
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Why aren't the governments of the world seeing the greater money problem that bitcoin, and not even their CBDC, can solve? Can they at least think about allowing bitcoin to coexist with their money? I'm not asking them to abandon their fiat. Can they stop hindering Bitcoin's development and begin exploring its possibilities? It hurts that they are aware of the potential of bitcoin and have decided to ignore it. The issue of inflation, which destabilizes the world, can be resolved by Bitcoin. Additional money can be printed, but more bitcoins cannot be created. Inflation occurs when there is more money in circulation than is required. This can never happen with bitcoin. - Inflation occurs when the money supply of a country grows more rapidly than the economic output of a country.
- The Federal Reserve changes the money supply by buying short-term securities from banks, injecting capital into the economy.
- The quantity theory believes that the value of money, and the resulting inflation, is caused by the supply and demand of the currency.
Quote sourcehttps://www.investopedia.com/ask/answers/042015/how-does-money-supply-affect-inflation.asp When will they learn that bitcoin may be helpful? What are they waiting for? Bitcoin is so much superior to any fiat that they're afraid of it because as soon as people will understand it, they will dump fiat for good and never look back. But the truth is people are a bunch of easily manipulated, brainwashed, propaganda puppets. They're waiting for the government to allow them to use it as legal tender (like El Salvador did). Only then global hyperbitcoinization is possible. |
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