To be honest, I almost thought that, they would increase the repayment date. But did not think that they would put an increment of 1 year. That's so long for the waiters. But if they have waited this long then I think they can wait for another year too. Plus I have a question, is this a good factor for the market or not? I do know that, if they would pay the amount then we will see some selling of BTC, BCH and Yuan, etc. Which would cause a dump in the market. But what else I am missing other than this?
It's been 9 years and what Mt.gox can do is promise, so I think those who are waiting to be paid are familiar with that and they don't rule out that possibility either. In my opinion, there will be no compensation other than false promises from Mt.gox, all of which are lies and fraud from Mt.gox. What I want is for the victims to be compensated, I'm not afraid they will dump the market if they receive compensation. If you are a long-term investor, you will find that good because you have the opportunity to buy cheap. I don't see anything worrying about Mt.gox compensating or FTX liquidating their crypto assets. |
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it's not the amount of Bitcoin you HODL that really matters, but how secure is your bitcoin. You can have a large amount of Bitcoin and lose everything it due to negligence, poor wallet storage or hack. While it's been reiterated every now and then to buy and hodl Bitcoin, we should also take it upon ourselves to look for good wallets to keep our most priced asset safe.
The bull season will soon kickoff, there are many newcomers coming into the space and there are many fake wallets flying around on the internet, Playstore and Appstore. Getting a good wallet should be a top priority.
I think if we really consider bitcoin a valuable asset and seriously invest in bitcoin, we should not hesitate to own a hardware wallet. Although the level of safety will largely depend on us, hardware wallets are considered a superior and safer solution than software wallets. So let's not regret a little money without owning it. Furthermore, hardware wallets are not too expensive for us, I believe that anyone who can invest in bitcoin has the financial ability to own a hardware wallet. |
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I've seen several threads talking about bitcoin not been banned in their country but yet they're not allowed to make any bitcoin related transactions through their local banks and this has really kept me puzzled lately about how people think because they still use bitcoin despite it's restrictions in their country makes it seem is not banned. If the country you're staying in hasn't ban the use of Bitcoin then it isn't banned, when the government wants to ban anything they don't stay on the fence, they'll make it a public knowledge that the use of that thing that they want to ban is banned and any individual caught using it will be punished. From your explanation, the government hasn't banned Bitcoin in your country but restricted banks from allowing individuals using their banks to participate in cryptocurency transaction. I don't support law breakers therefore when Bitcoin is officially banned by you your government, don't go behind their back and make use of Bitcoin. If you have made some profits or have enough money to relocate to a neighboring countries that the government isn't strict do it. So how do you explain the government ordering an account to be frozen if it is discovered that the account is used to trade bitcoin? In this case, saying that the government does not ban bitcoin is not entirely correct because they know clearly that to be able to participate in bitcoin investment, banks and fiat are the only and necessary way for anyone who wants to own bitcoin own bitcoins. If you don't have access to a bank account and fiat, how will you invest in bitcoin? This situation is also happening in my country and it is quite difficult to understand what the government is thinking about bitcoin. Furthermore, with the bank account freezing order, no one dares to publicly say that they are using bitcoin. |
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2. Use secure browsers like; BRAVE which you can get from their official page https://brave.com/ TOR browser which you can get from. https://www.torproject.org You can even make use of the local browser that comes with your OS as long as your privacy is safe and your device is protected from malware. I think all browsers are the same, they just differ in how they use user data, and Brave or Tor promote privacy more than the rest. Other than that, I don't think it makes any sense or has anything to do with protecting our crypto assets. As long as you don't visit strange links or sites labeled as harmful, you're safe using any browser. As for storage wallets, as many others have also mentioned, Ledger is no longer trusted and people have stopped using it. You need to learn more about hardware wallets, not all wallets are safe, especially Ledger. Software wallet, Electrum has always been my choice, I have never used any other wallet. |
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Barcelona is also experiencing a financial crisis so it is impossible to return Messi or Neymar to his old club, Barcelona will not be able to afford on the one hand their salaries are small there and they are old, what to expect in these two former Barcelona players who will soon retire.
Ronaldo had a conflict with Manchester United so he was dropped from the squad. But he seems happy now to be in the Arab League with a lot of money. LOL
Joao Felix is a loan player, if Atletico Madrid put a high price tag it seems Barcelona will not dare to take it, just rely on young players from the academy, but now they are not in a player crisis so stay relaxed for Xavi.
Barcelona have issues with La Liga FFP rules unfortunately so they aren't able to spend a lot of money for transfers for now. This was why they couldn't sign Joao Felix permanently. However this is still not a problem for Barcelona currently. Because their current performance level is quite satisfying. They have just destroyed Antwerp in the Champions League by a big gap. I felt like we were in good old days of Barcelona.  Felix is really impressive since he joined them. He is playing for his dream team of course. I have never seen him this ambitious.  Even though the opponent in this match was not the strongest, but the result is really very good, especially it can help to raise their competitive spirit. Despite the problems with finances, the transfer window was conducted decently, and most importantly - productively, because you can see that it went in their favour, they spent minimum money and got maximum return @ajiz138 The career of Cristiano Ronaldo should have ended in a better way. Only if he decided to go to Manchester City instead of Manchester United. His career definitely would have ended in a better way. I don't know how you can decide to not play the very player that carried you on his back in the last season. But they did make that decision and I know a lot of people are going to say that this was the right decision made by them. And they will also say that Manchester United has definitely improved after that. But honestly, I do not see the improvement. They still have the same old problems that they had before. Cristiano Ronaldo is still saying that he wants to play in the next World Cup for Portugal. I do not think he will actually get a chance in the squad. Anyone who thought Messi and Neymar were going to return to Barcelona is definitely stupid. Barcelona currently cannot even register players because they don't have enough money. How are they going to pay Messi and Neymar the salary? |
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There hasn't been the slightest mistake found in Real Madrid's performance, Ancelotti has succeeded in covering up the lack of players in his team with the tactics used so far. The presence of Jude Bellingham has had a big impact on the results achieved by Real Madrid, Ancelotti can place Bellingham as a shadow striker to achieve the team's goals. Joselu has also performed well so far, he has managed to be an ideal replacement while Vinicius is still undergoing treatment.
The Real Madrid vs Union Berlin match will be a new challenge for Joselu, he is still a mainstay on the front line as long as Vinicius is still injured. Real Madrid will continue its winning record on the Champions League stage because the opponents they face this time are not strong teams like Bayern Munich or Dortmund. I couldn't find fault with Real Madrid's performance, but they just lacked in a few areas. Real Madrid needs strikers as we know so far, I mean in some matches Real Madrid really relies on certain players who are not strikers. Bellingham is the player I mean, but so far Real Madrid can win every match even though it is difficult. The overall performance of the team was okay, but I completely agree that Real Madrid needs to bring in a new striker and also needs to strengthen its defense. The match against Atletico Madrid this week is very important, so of course I am very curious about what will happen there. Both teams have equal probabilities, but Atletico Madrid will probably be favored at home. The question about Real Madrid and their performance is mostly about the goals they scored in the last games. We know they have Jude Bellingham in this team to score goals for them but is this right for this team to have Bellingham scoring goals instead of the forwards? I mean Bellingham is not a forward and the other players in the front line should do that and finish the goal, not Bellingham. Maybe this means the forwards in Real Madrid are not good enough. This was a very interesting match. Throughout the whole match, Real Madrid was very dominating. But they were unable to score. but again at the very end of the match, on 94th minute, Jude Bellingham showed why he is definitely the best signing that Real Madrid has made in recent times. He was able to score for Real Madrid to win the match. It was definitely going to be a little weird to see Real Madrid lose a match in which they had more than 75% possession. But thanks to Jude Bellingham, Real Madrid was able to win that match without much problems. But I think as Real Madrid approaches harder competition, they will feel more of a need for a good striker. |
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UAE players gave an interesting performance in this Gulf T20 Championship Qatar vs UAE match. Batting first they managed to score 166 runs and lost 7 wickets, UAE are currently in good form in this T20 match. UAE youngster Aryansh Sharma had a good batting performance for the UAE, his batting was excellent and interesting. However, they are not in a very good form when Qatar comes to bat, with 6 wickets lost, the Qatari team is helpless now. Qatar tried to win today with those two UAE, but their wickets may not be increasing their runs due to falling wickets. That's why they might not be able to win the match today, also UAE are leading the table points, they must have formed a good team for which they perform well in every match.
Qatar was absolutely helpless against the UAE as you said. Qatar was somehow able to reach 106, they were not even able to play the whole 20 overs. They had already lost all the wickets before that. UAE played really well in this match. first of all they put on a very big score, at least I can definitely say that this is a very big score, considering the fact that the average target of these type of tournaments are not very big in general. So when the opponent is Qatar the target is definitely very big for Qatar to actually successfully chase down. Of course UAE also performed really well in the bowling department. Next match is against Bahrain and I think UAE is also going to win that one as well. |
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I think there are only one reason why btc price rise, it is supply and demand. normally there are two reason that influence the demand, the first one is the growing number of adoption which make steady increasing price of btc, there is no volatility in it. the second one is the speculative investors, this factor is what makes btc price volatile because they make big number of fund come in and out from btc market, they make temporary demand. the main reason which influence the supply is the halving event, as there is no central authority who control btc price (by create fiscal policy or etc) then halving event will have big influence in btc price. but that's just my opinion.
In theory, the value of all assets is determined by supply and demand, but for some financial markets, there is unavoidable manipulation behind it. Therefore, the increase or decrease in bitcoin price is not completely determined by supply and demand. Regarding the volatility of bitcoin, I agree with you that part of it is caused by speculators but another cause is the manipulation behind it. Market makers create volatility, on the one hand they profit from it, on the other hand they create attraction for people. Those who enjoy the thrill of a roller coaster ride will never miss bitcoin's volatility, and it's how the market attracts new participants. |
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BTC and trading cryptocurrencies in general is completely legal in my country, but my trash government ended up imposing high taxes on them since they realised that they couldn't ban them.
Almost every country's citizens are facing different challenges about bitcoin. In my country, bitcoin is neither legal nor illegal, but the central bank of my country imposed a ban on all bank accounts that have been connected to bitcoin transactions previously. The central bank directed all the commercial banks to ban any accounts that have a history of bitcoin transactions, which really affected some people and caused panic. This is one of the reasons why lots of stores and business owners are not accepting bitcoin as payment methods because they don’t want anything that is going to affect their accounts and businesses. Since the new administration came into power, everything has stopped, and I hope he will ask all banks to lift the ban on all affected accounts. I'm sure if he can do that, it’s going to increase bitcoin adoption in my country because all the business owners who were scared before will have confidence and will start accepting bitcoin as a payment method. Your government has not issued any ban or regulation on bitcoin but has directed banks in the country to ban bitcoin trading, that is no different from them publicly banning their people from using bitcoin indirectly. There is a topic being discussed about this and as far as I can see this is happening in many countries. The government did not directly issue a ban, but banks have banned bitcoin transactions, it can be understood that they want to ban bitcoin but have not found an effective solution. |
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Today in the Italian League Roma vs Empoli match between two teams, Roma won the match by scoring 7 goals. Roma team players had possession of the ball from the beginning to the end of the game. Empoli team's goalkeeper was very weak due to which Empoli team lost the match by 7 goals in today's match. Empoli team players They were very worried in this match but their performance was very bad. Empoli team player M. Destro could have scored 1 goal if Empoli team had performed well. Roma team is now in 12th position in the points table. On the other hand Empoli team is in 20th position.
Roma players were in great form in the match which led to a 7-0 win over Empoli. The match was really amazing for which Roma performed very well and got the win. From the beginning to the end of the game, Roma attacked enough and succeeded in attacking, however, because of their good team play, they managed to win. And the match was at Roma's home ground for which they always had the ball at their feet, and every team is strong at their home ground. Empoli were under a lot of pressure after conceding 3 goals early in the first half and could not control the game afterwards and eventually lost the match by 7 goals. However, Empoli finished the match at number 10 in the points table and Empoli at number 20, Empoli performed really poorly in the match and lost badly. Don't make the mistake of judging Roma on one game, every Roma fan knows that next week they will either lose without scoring or draw or barely win. Roma is exactly that, sometimes sunny and sometimes rainy. The Italian league is incredibly exciting this year. which last year and the seasons before signalled that it would be. Roma scoring 7. Inter scoring 5 against Milan. Things you're not used to in Italian football. They are clearly ahead of La Liga. They are following the Premier League. Well, they were playing against a team, which is absolutely at the bottom of the table. But I definitely did not expect this much of a goal difference between them. Actually Roma could have scored another one. Paulo Dybala should have got another goal, but the free kick came back off the post. And the finishing from Roma was incredible in this match. Everything they touched turned into goals. I thought after the first half, probably they will play a little defensive football. But they came back hungry for more goals. And they were able to score freely without any big problems to be honest. And this is the first win for Roma in the season, and what a win this one was! |
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Not necessarily have to stay away and stop using them because for several months I was using P2P services and have not encountered any problem (maybe now) so I don't have a reason to decline their services. For at least that we are sure that was the right person that we are transacting with, it was safe. But we are doubtful, of course, why we should continue the transactions. It is in our hands to decide if this is safe or not.
Yeah, paying some fees for the middleman is not a big deal especially if we assure that the transaction is safe, much more if involves huge amounts.
To be honest, I also prefer using intermediary services rather than p2p exchanges without intermediaries, I don't feel safe with p2p trading, especially with internet exchanges. Even when dealing with large amounts of money outside, I even ask for an intermediary when trading because any risk can happen to us. Because when it comes to money, everyone's greed arises and they are willing to do anything to get it. So the middleman is really indispensable, IMO. |
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I don't understand why people are always coming up with the crypto is anti-fiat comparison. At best cryptocurrencies is anti-capitalism, but never did anyone specify that crypto is against the use of fiat.
Come to think of it, outside of El Salvador and any other country on the planet that uses bitcoin/crypto for payments and transactions you could never find any place that doesn't require you to pay with fiat for goods and services, try giving them bitcoin and see how sour their faces turn into once you say that to them lol. Crypto is your leverage, it's what you use to make sure your fiat's never losing its value against inflation, with the added bonus of turning a profit at the end of it. Fiat is what you use to transact and remain alive in this planet. If you single out crypto cause it's great and you can use it for transactions what you'd only end up with is yet another fiat in the making. It's time to stop comparing crypto and fiat cause these two work hand-in-hand, not against each other.
What's even more interesting is that they constantly compare bitcoin with fiat, they are ready to talk bad about fiat everywhere and praise the beauty of bitcoin. But then their real lives still use fiat money every day, including banks, they wouldn't even be able to survive if their lives didn't have fiat. It's confusing that we want to badmouth it everywhere but eventually we will convert our bitcoins to fiat and use fiat. I agree with you, we should stop comparing those 2 with each other because we have different tasks and use cases. |
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Some people will certainly think that it's useless to attain bitcoin knowledge if you don't have the plan to invest in it after. However, if you don't limit your thinking, you can influence other people through your high knowledge with bitcoin. As long as what you tell them are the facts about bitcoin, and they eventually believe on it, you could be the key to their life's success in the near future.
But if you don't invest in bitcoin, are you sure the knowledge you learn is correct to impart to others? Not only in investing but also in our lives, there is a huge difference between theory and practice. That's why recruitment companies prefer to hire experienced people rather than fresh graduates with a lot of knowledge but no experience. Furthermore, is anyone good enough to learn about bitcoin without investing in it and willing to teach others to invest? In theory it is like that but in reality it is not so, human nature is selfish and jealous. |
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You are right that Bitcoin helps people escape inflation in their country or rather saves their wealth from being deminished by inflation however note that Bitcoin's volatility can still affect the individual's wealth when store in Bitcoin in the eventuality of a market crash. Further aside Bitcoin acting as an escape route against inflation, real estate is another alternative.
It depends on how long they hold the bitcoins. I see people constantly saying that bitcoin is a good hedge against inflation but for those who bought bitcoin in 2021, the value of their assets is even worse than being eaten away by inflation. Bitcoin has dropped more than 60% from its ATH. To me, bitcoin is a good inflation hedge if one holds it long term for at least 1 market cycle (4 years). For those who hold bitcoin for 1 or 2 years and especially during bear season, it will not be effective against inflation as it can lose 50% of its value in a year. Gold is still a better bet than bitcoin in the short term. |
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It looks even more likely to go up soon, it reached near 26.5k levels and that's why I could say that its getting to a point where it could end up with being something that would be a lot more important. I would guess that there will be something that would end up with something that would be lovely. I think we are going to end up with a great profit that would be a lot better. I guess its going to be something that would end up profiting a lot. I think its going to be something that will end up with a great return. Hopefully I guess that something that would end up working for the good time. Lets just hope that it keeps growing more and more from here.
Yes and this is just the beginning, I mean technically we are still in the bear market, nevertheless though, this month seems to be on the sideways. But we have some movement to $26,500 and it's quite surprising to see that jump maybe in the last 3 days or so. And the good news is that we still have like months before the end of the year, so it's either it will end with a significant increase before the actual block halving. Or we will be just above $30k which is the biggest barrier so far. Either way, we are all looking for the eventual bull run next year. So we might as well take in stride everything that this year will give to us. Why are you surprised that bitcoin went from $25k to $26k5 in just the past few days, and you became positive because of that? Let's not forget that bitcoin has been moving sideways in the $29k-30k$ area for the past few months and has dropped to $26k, so to me this is not a positive signal for the market. One mistake I see people make is that people get excited about bitcoin going up 1% or 2% and people quickly forget about bitcoin going down 5% or 10% before that. Another thing I see is that everyone is sure that the halving is coming and that will help bitcoin never drop in preparation for the halving. But honestly, I think on the contrary, bitcoin will drop more before the halving happens. |
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I find it frustrating when my price prediction for the market fails. I know that it is difficult to predict the market movement due to its uncertainty and also that it is not possible to consistently predict the future accurately but it still hurts when I tell it to my friends and it doesn't turn out so. In January, I had predicted that by the third quarter of the year, bitcoin will hit $35k - $40k. I hide my head in shame because right now it is struggling at $25. Maybe I should stop quarterly prediction and stick with monthly predictions. Also how do you suggest I handle incorrect price predictions? Anybody been here. How do you handle it?
When I do something but it continuously doesn't bring me satisfaction, what I do is stop doing it. That's why I rarely make market predictions and for me those predictions are just for entertainment and I never expect anything because I know my prediction never happened. Furthermore, I guess you are a stubborn person because you yourself know that bitcoin is unpredictable but you still feel annoyed when your prediction is not accurate. You should get rid of that because stubbornness has never benefited your investments or your life. |
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The problem with us humans is that we like to copy what others are doing, you here someone doing the DCA strategy we want to jump on it, we watching several whale wallets and the second coins move we also think that's the signal to sell...
Tbh if we want to survive the crypto markets, we need to find what works for us and for me I believe if you bought or caught a low you should sell at a premium when everyone is talking about the bull run, better yet use technical analysis to determine when to buy and when to sell and this way you get better ROI than waiting for an ATH or something.
What strategy works for other may or may not works for me. That's why its best to create your own strategy and that can created only after you spend time and effort exploring the crypto market. What I have learned from my experience is that there is no way we can predict the future price of bitcoin. Accumulate Bitcoin when you think its best and don't hesitate in selling whenever you are getting adequate profit. TA/FA are good things to follow but also fail very often in volatile crypto market. I don't even believe in technical analysis, I'm not saying they're useless but they really don't work well in this volatile market. @Woodie, if you believe that relying on technical analysis will help you find the right time to buy and sell bitcoin, do you analyze $15k as the bottom of bitcoin and you bought it last year? Because when bitcoin went down to $15k, I saw a lot of people screaming that it was going to go down to $12k and that was the bottom where they would start buying. But those people ended up buying bitcoin at a higher price, while those who implemented the DCA strategy bought bitcoin at $15k. |
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Looking at the total market capitalization of more than 1 trillion USD, while the assets that FTX holds are only a few billion USD. Honestly, even if they sold them all at once it wouldn't cause any serious problems but it seems like someone is taking advantage of this news to manipulate market sentiment quite well. Panic is prevailing even though there has not been any official announcement about the sale of FTX's assets.
Personally, I really appreciate ETFs, it will cause bitcoin prices to skyrocket because demand will also increase thanks to ETFs. But that's also what I'm concerned about, ETFs won't be approved anytime soon because the government doesn't want people to use bitcoin and give up their bonds or fiat.
Couldn't agree more with you, mate. The market is being heavily-manipulated as we speak. Not only big investment companies are doing it, but also governments themselves (especially the US with the SEC). They want BTC to crash real hard to buy lots of coins at a discount. It's likely these entities are waiting for the BTC halving to occur, before "pumping" market prices all the way to the moon. If you're smart, you'd follow their footsteps by buying as much "cheap" BTC as possible. Sooner or later, Bitcoin will reach a price of $100k per coin. Even higher, if demand continues to soar at an unprecedented rate. I think the real trigger for a bullish market will be the swift recovery of the global economy. Central banks like "The FED" and the "ECB" need to stop raising interest rates for everything to get back to normal. At least, a new normal since the Russia-Ukraine war and the COVID-19 pandemic are still an on-going crisis. Who knows what the future holds for Bitcoin? Just my opinion Well there is a new player https://cointelegraph.com/news/crypto-biz-paypal-rolls-out-crypto-ramps-franklin-templeton-joins-btc-etf-race-and-moreSo yeah, most likely there will be a reach as who will get the approval for a BTC Spot ETF and this could trigger the next bull run. I do agree about the interest rate and what is the US government is doing. Nevertheless, I do not think they have a huge impact in the next bull run. Remember that we even have Covid-19 pandemic in 2021 and yet we did see new all time high. So most likely, it will be the race for a BTC Spot ETF that will likely be the catalyst for 2024-2025 run. During the Covid pandemic, not only the cryptocurrency market but other financial markets also witnessed impressive gains and that happened because the government continuously printed money to save the economy. You are wrong to underestimate the role of the government and the Fed in this financial game, they are the biggest influencers whether we accept it as truth or not. If the economy doesn't recover and interest rates don't fall, don't expect a bull season. Like what's happening now, when the economy is tough and people don't have money to invest, don't expect to trigger any bull markets. A bull market occurs when there is money flowing into the market, how do we have new money flowing in when the economy is in difficulty? |
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I'm glad to see Bitcoin is playing by my analysis and will continue to play in line with it as more conditions unfold in its favour. I see the $25,000-$24,700 as the most viable support levels this season and it will take a daily close below this limit before a true bearish stance can be concluded on the coin.
Looking at the situation, the 25k is not really giving way, and we are still above that line, which means that we are doing fine. I agree that it does look like it is going to be hard to handle it, but we can still do it so we should be quite happy about it. I get that sometimes it is hard and have tough results but that doesn't mean that we are going to end up with a result that would be tough to handle, it would be quite difficult to make it work. So, I do not think that 25k will give way, and we are going to end up going higher and higher, this is of course just my thought and maybe I could be wrong, there is no guarantee that it is going to be possible to make profit, I just believe that we can, but I could be wrong. We are just above $25k right now, it's weekend anyways, so we might not see any actions for now, until the start of the week. So yeah, we are doing fine although we might still be threading a difficult line. Which means that anytime, if there is some negative news, we might see $25k or maybe retested against a lower low for this case. Hopefully, it will not be the case as we just have like 3 months to go for this year and then at the start of 2024, everyone might be looking for the block halving already, the catalyst for the next bull run. The gap between $25k and $26k is closer than the gap between $26k and $30k, so it would be quite subjective to say that bitcoin cannot fall below $25k again. The market is starting to have more positive changes in the past 2 days, however I do not consider this a positive signal because as we all know there is still much Fud in the market so expectations for bitcoin are not reduction is a mistake. But are price drops a bad thing, why are people afraid of bitcoin price drops? Isn't the falling price an opportunity for us to buy cheap? |
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If it weren't my parents, I would invest in bitcoin in 2016-2017, I would be a millionaire today.
Dont blame your parents for missing out on bitcoin. At that time, if you are really interested and have enough faith in bitcoin, I believe that your parents or anyone cannot stop your determination. Simply because at that time you did not have enough faith in bitcoin and you chose to follow your parents' advice to go to college. Furthermore, while studying at university in Canada, you can also invest in bitcoin, but why don't you continue to learn and invest in it? Apparently your faith in bitcoin is zero and now when you see it increasing in value, you start blaming your parents for stopping you, laugh. |
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