It doesn't work like that OP. Premine is when a coin is mined by developers and this makes them wealthy in coin before the launch.

Bitcoin was distributed among users, so it was more like it became airdropped to investors along the way, but even this is a bad way to compare it to a premined coin. There's no common ground here.

How much were their offering? It looks like you were hunting for some great value in tokens. This crappy OLCF is worth 0,0007 USD per coin and is getting lower by the day. Proably those who were able to claim are getting rid of it and buying something more valuable.

Those were some smart devs. They knew by allowing only seeds and not private keys to be redeemed they'll get rid of some of the hunters and keep some coins in their pockets while at the same time satisfying enough people for the airdrop not to be called a scam. At least not loud enough.

It's not that expensive. Have you seen poor man's VR sets that convert your phone into a headset?

Also some older sets that were top notch 5 years ago are now sold for cheap. You won't be able to play new games with them and they don't offer very high resolutions but are still good if you want to try out VR gaming and gambling.

Transactions are visible but users od Bitcoin are anonymous if they are careful.

Avoid centralized exchanges, avoid KYC, avoid payments linked to your bank account like paypal, don't share your personal data and nobody will know who you are.

I'd say that it grew not because of Paypal buying because Paypal's trading volume is much lower than that of Binance or Bitfinex. People bought a lot first because of the news and then because of the FOMO rally that really was the reason of us reaching 18 and 19 thousand. Without FOMO we'd probably landed somewhere at 16.

Trump's administration won't be able to do much because it's over for them. They're leaving the field and Bitcoin is such a small and unimportant thing for them that they will not even bother with it in that last month in the office.

Here's a flaw in your assumption: it took Bitcoin 8 years to barely touch 20 thousand dollars. How long do you think it will take before we reach 1 million and then 8 million. Maybe years, maybe decades. By that time there may be a large surplus of electricity in the world and the cost of it may be much lower.

10 years ago you could find solar panels on boats and RVs now they're on roofs of many private residences. 10 years ago I had a normal phone that did not even have a touch screen and now my phone has 8 core cpu and records hd movies. A lot can change in another 10 years.

You feel like going back to 15 thousand or below is going from bad to worse? Please! We were there a couple weeks ago. Is your memory so short that you feel like going back to a prices from October in November is a disaster?

In stocks it's a normal thing, the market goes up 10% and then falls 10% and it's never a disaster. A disaster is when it goes up 10% and falls 20% but a correction after a rally is a daily routine for evere asset.

In 2017 we were in a bull market for a year first breaking the old all time high and then reaching a new one. This time we haven't broke any ATH and the bull run lasted 2 weeks. You're comparing apples and oranges.

It is a correction. Even a 5% drop can be called a price correction. I'd say that's a pretty strong correction, even a crash because when price drops by 10% within hours, when it needed a week to raise to that point, it's usually called a crash.

As long as we stay above 14000 the bull market will remain strong. We probably would have to fall below 10 to call this a reversal into a bear market. I don't see any reason for something like that to happen. A new ATH in 2021 is coming.

Diablo 4? I heard that it's not going to come out in 2021, so maybe 2 years before they release it if you get lucky. There's no announcement about a release date yet and that usually comes a year before, so I wouldn't call it as being around the corner.

Blizzard is known for being lazy. I don't remember how long it took them to make diablo 3 but that was 5 or 6 years after the announcement.

With Bitcoin greed is good. Wish I was more greedy in 2016

Buying XRP means trusting Ripple company and leaving your money in their hands while buying Bitcoin is trusting in free market and keeping your money in your own hands.

Plainly speaking buying XRP is like buying a share of Ripple, a company that doesn't do anything apart from deciding how many XRP they'll release on the market and stuff like that.
 
The choice is yours, as always, but I know what I'll do

It's easy to find people, like when Pablo Escobar and his gang went into hiding they were quickly found and they were able to stay on the run only because they were bribing politicians. And this was long before they had the Internet, cell phone tracking and all that stuff. They had to listen to your phone conversations to find information not like today when they can record a video using your phone's camera or install tracking apps without your consent.

If she's able to bribe some influential people she'll stay hidden If not they'll make an example of her like they did with Ross.

Maybe because USDt is a centralized fake coin that's only purpose is to allow people to exit crypto when they cannot or don't want to exit to fiat for some reasons like taxation or a ban in their country, or maybe high inflation and lack of stability in their local currencies.

USDt is not fiat. It's in no way superior to USD or EUR, on the contrary. If you can safely exit to fiat you should choose it over tether.

I skimmed the article and stopped after this:

If someone really believes in Craig's lies he must be either stupid or paid. This guy failed to provide a single piece of evidence to support his claim but was found lying and faking signatures more than once.

How can anyone continue to support this guy?

Great to hear that more institutions are interested in bitcoin. This is what we've been waiting for.

Dips like the one today are a great entry points because sharp declines are usually followed by bounce backs.

Of course this company doesn't look like it's there to trade and catch dips. They're in to save up and protect their money from inflation.

Of course it's all normal and going according to plan.

When Bitcoin approached the 2013 all time high it also corrected. You can see that it went somewhere around 1100 USD and then corrected back to 750 and needed a few weeks to try again and reach a new high.

I'd still put my money in Bitcoin if you don't have any, or worse case half in Bitcoin and half into 1  altcoin of your choice.

Worst thing you can do is buy a bunch of them because then you'll never profit. Most altcoins lose value so if you buy 20 different 60% of them will go down and in the end of the day you'll be down on your investment.

All bitcoin or 50% BTC 50% ETH would be my choice.

XRP is a centralized shitcoin that has no real use and is controlled by a board of directors who are dumping it on the market in regular intervals to pay themselves wages.

It went up because people still believe in the way they promoted it long ago as a centralized alternative to bitcoin. At that time they were saying bitcoin is too decentralized to become mainstream but XRP is not. Now we know that bitcoin really isn't too decentralized and slowly but surely going mainstream and XRP directors still need money.

ADA is doing good but the crucial level is staying above 0.15 USD because this was the bottom in May 2018. If it can manage then maybe it will climb back like Bitcoin.

It's funny that old Americans who lived during the cold war always blame Russians for sending agents, conspiring against their country, setting elections.
If anything goes wrong it's the russkies!

There's some information about this Dan Pena circulating in the Internet. If you read some of it you'll see that he's more of a fake guru than a billionaire. He likes to say strange, offensive things that make his name appear in the news.

They wouldn't be able to take your coins from you just like that.

First they'd have to prove that you're involved in some serious stuff like drug trading. Small things like not paying tax will rather get you chased by bailiffs but even that would sometimes make people give away their bitcoins rather than see their car and home appliances being taken away and sold.

Glad to hear that forum helped you to survive. I've read many stories from people who lost their jobs this year and were able to survive thanks to trading and posting here.


Our grammar police always ready to serve and correct. If only your posts were written in perfect English.

Here's something funny for you