I didn't read your other topic, but what price would satisfy you personally as your entry point? No one can tell you with certainty to wait or to act now, because the price of BTC is almost completely unpredictable and can go in any direction. If you wait, you have a chance to buy cheaper, but also that the dip you are thinking about never happens.

In addition, as far as I understand, you plan to buy a small amount of BTC to start with, and then it doesn't matter too much whether the price is $20k or $25k - try to calculate it and you will see if there is a reason to wait or buy today.

What is perhaps more important in the whole story is whether you have taken care of the safe storage of what you are going to buy.

@AlcoHoDL, Trezor vulnerability is something that has been known for years, there was a lot of discussion about it in the technical discussion boards, but luckily every user can protect himself by setting a passphrase, and there is also another option, which is the use of an SD card.

When it comes to passphrase, the conclusion is that they should be at least 37 characters long :


For those who are interested in how to protect themselves additionally with the help of an SD card :

Trezor T (2.3.0) and Trezor One (1.9.0) firmware update

Also, one thing I forgot is that it is possible to set a so-called fake PIN that can be left as a bait, and if it is entered, all data from the hardware wallet will be deleted.

People start behaving very irrationally when they read about all these companies that manage trillions of dollars and are interested in Bitcoin, as if that means that all of their clients will suddenly go crazy for Bitcoin and start buying shares in these funds, just because such the possibility exists. We have such ETFs all over the world and generally there is very little interest in such investments, but apparently the US market is the only one on which most people expect to behave in the complete opposite way.

There should be no doubt that the news of the first approved BTC ETF in the US will resonate in the media space, because we saw the effect of the news that the court ruled in favor of Grayscale recently. Therefore, I think that the news will be sold very successfully, but the real question is how much the clients of these companies will actually be interested in such an ETF, and how will these same companies buy BTC on the market, given that it is an ETF that will have to buy BTC and store it in custodial wallets in order to be able to sell shares in the fund.

If these companies do these transactions via OTC, it is possible that the effect on the price will not be as strong as some think, and considering that BlackRock has signed a contract with Coinbase regarding the custody service - we already know from the past that the same company performed the purchase service for MicroStrategy via OTC.

Don't be naive, do you really think that those who supposedly deal with climate protection are really doing it? This is a group of incompetent people who found a way to live luxuriously from donations, while at the same time they did absolutely nothing to save this planet. After all, the greens from Greenpeace are even fighting against Bitcoin, if you missed it by any chance.

If I were you, I would invest in a store with homemade ice cream, the demand will be increasing anyway because the temperatures are rising - and you won't have to buy ice cream either

All those who left and those who are now leaving are irrelevant, it is known who pulls the main strings in the company and who invented a new service that once again put the company in an uncomfortable position. This is nothing new in the business world, when the CEO does something stupid, then he shifts the responsibility to those below him for what they say is the "welfare of the company".

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He calls his stupid decision an "unintentional communication mistake", which means that he is actually saying that they were not capable of presenting a bad business move (from the perspective of anyone who knows what kind of risk we are talking about) as something revolutionary that will allow their mothers and grandmothers to use cryptocurrencies on "safe way".

It would be the simplest for clients because they would not have to do absolutely anything when it comes to paying taxes (of course not in the case that CEX only sends data but automatically charges tax), but again the question arises why CEX would take on that part of the work when there are competent services for that. In addition, how to collect tax from clients from different countries, say within the EU, who use the same CEX, but have different tax rates?

I thought that Bitcoin was made for everyone who wants an alternative to the existing system, but it is not Satoshi's fault that those who are unbanked are still mostly the same ones who do not have access to the Internet, and therefore neither to Bitcoin.

Regarding the minimum wages, I know people work for only a few $ in Venezuela, or a few tens of $ in some African countries, but they can't even afford BTC, so I wonder if it makes a difference if the fee is $0.10 or $0.60?

Well, that's actually one of the advantages offered by every hardware wallet, the seed that is generated during device initialization is your security backup, which you should store in a safe way and in case you need wallet recovery, enter the same seed in another hardware wallet.

Unfortunately, all Trezor models have an irreparable vulnerability that allows the extraction of seeds in case someone gets physical access to your device and has little knowledge and skills. However, each user can protect himself by adding a passphrase, which should have all the characteristics of any good password, which means that it is long enough and consists of random characters and letters.

https://www.coindesk.com/tech/2023/05/24/crypto-security-firm-unciphered-claims-ability-to-physically-hack-trezor-t-wallet/

That will never happen, no matter that you and some others won't like it, because on this forum not even a scam is moderated, let alone some harsh words. I personally also don't want to read particularly offensive or rather simply vulgar posts, but as other members say, use the ignore button and don't wonder what's in someone's head because they're doing something that's not normal for you.

Before your time, some people called this way of expression poetry - luckily for you, you weren't here because you wouldn't have felt very welcome on the forum

So you really think $0.65 is too expensive for the average Joe? The one who cannot pay that amount for the transaction has much bigger problems than the current situation with mempool...

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As for ordinals and their nonsense, there are several threads discussing this so I really don't see the point in making this another one. Besides, none of those who can do something concrete will lift a finger to change something about how someone feels about blockchain being used in this way.

It is hard for me to imagine that someone could come up with such a stupid idea, especially since the news does not come from a third world country, but from the US. Far from the fact that there are only roses blooming and honey flowing in the streams, but the people who thought of it never seem to have felt the stench that arises when burning rubber. To me, it seems like the idea of some third-rate manager who wanted to prove himself as someone who can make a profit out of garbage.

Obviously, car tires are a hot topic these days, although some others use them in a completely different way

To me, the third option seems somehow the most realistic, although I do not rule out the possibility that the price will go below $25k if it stays where it is now for too long. Let's say that $26k behaves like $29k until recently, and the way I see it, those who buy larger quantities through OTC will do their best to accumulate as much as possible at a lower price. When we also take into account the general attitude that September is usually a red month in terms of price, it seems that those who buy will be the happiest this month.

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The demand will probably come from the approval of the spot ETF, which now has a 75% chance of happening according to some experts. Of course, this is still in the sphere of speculation, but if there is a greater chance of it happening than not, then it should be taken as a possible factor that can trigger the market long before the possible halving effect.

When you express yourself in this way, then I can say that it is definitely not good advice, because it turns out that every hardware wallet is equally secure, which is simply not true. We are witnessing that what we considered safe yesterday becomes unsafe overnight, so we need to choose carefully which HW we will choose.

I, for one, cannot say that a good HW is one that has the possibility to share the user's seed with third parties, but I cannot say that a good HW is one that has an irreparable vulnerability that, if not properly patched by the user, allows possible attackers to extract the seed for less than 5 minutes in case he gets physical access to the device.

Those for whom mining BTC is a serious business started to adapt for the next halving already after the last halving, because that's what professionals who protect their investments do - and those who are ordinary amateurs are, as always, doomed to failure, in any business. I don't know if you are aware that for the first four years the reward per block was 50 BTC, and now it is only 6.25 BTC - considering your thinking, the whole thing should have failed a long time ago.

It would be good if you could explain to us exactly what you meant when you said "possible backlash on general ecosystem", because I don't see any sense in what you wrote in relation to halving and Bitcoin.

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The use of capital letters has its own meaning, so it makes no sense for the title to be in that format in the future.

I am of the opinion that anyone can survive a hack, and that includes an online casino in case they are not so incompetent as to keep all funds in hot wallets or in one account. When it comes to this hack that you mention, the term "pocket money" is mentioned, because the company obviously has billions when it can afford something like this to happen to it.



Hacking is an integral part of the online world, whether it is a casino, exchanges or banks, everything that is connected to the internet is subject to hacking.



Gamblers will never stop playing, it's not something you just turn off and pretend it doesn't exist for a while. The hack happened, users funds are safe, business is going as usual.

All large countries are more or less affected by the recession as a result of what happened during the pandemic, but also years before - the debts simply came due. Here in Europe, it is not at all popular to talk about Germany being in trouble, because everyone knows what that means for the EU, not to mention the members called PIGS (Portugal, Italy, Greece, Spain) that the ECB has been saving for years and with which a lot other members are not satisfied.

I can only talk about it from what I read, and considering that a lot of tourists from the EU were in my country like every year, most of them complain about the prices and that it is not the same as before - but is it something new that already didn't we know? What I hear these days is that some countries will soon be hit by a new wave of price increases, because the summer was terribly hot in Europe with a lot of destructive storms, and producers will use every excuse to raise prices.

If you are not one of the victims, then there is no point in signing the petition, because the point is that those who have lost their funds using this wallet come forward and in this way try to encourage all those state agencies to finally take action in this case.


Obviously, there is not enough interest from anyone to start an investigation, maybe the question of jurisdiction is something that should also be taken into account, given that the UK, Russia and some other European countries are mentioned. If by any chance the whole matter was under the jurisdiction of the US authorities, I think that we would have seen some concrete moves long time ago.

European authorities (with a few exceptions) are not even close to their American colleagues, especially when it comes to something like cryptocurrencies.

When you say "we", who exactly are you referring to? Those who use their brains and know how to interpret facts from independent research never even thought that Bitcoin has any significant impact on the environment.

Various so-called "experts" and journalists who are paid to spread lies never cared about this data, as it will not matter to them even now how much energy is actually needed for Bitcoin in one year. Even if the consumption is only 1 TWh and it comes from renewable sources, their lies about how the world will remain in the dark or how temperatures will rise because of Bitcoin will continue.

In this way, they are actually covering up decades of systematic destruction of our planet at all levels, and now they are looking for who to blame for all that - and Bitcoin is more than an ideal victim because there are few who will defend it publicly.

It's not a bad idea to change your e-mail, but I can personally say that at least 99% of such e-mails go to junk mail, which is automatically deleted after 30 days with most providers anyway. Of course, everything depends on what kind of spam filters someone's e-mail has, but also on how those who are among the first to receive an e-mail with such content react, because I always report such e-mails as spam and in this way help others recipients to not receive it in their inbox.

Looks like the OP is going to have to learn the hard way, but that's sometimes the only way you can convince someone that some things aren't what they seem. There are few who can say that they did not have similar "problems" in their beginnings, and I do not exclude myself as someone who believed in various projects, and in the end, only Bitcoin remained.

If it is only about lost time and a little money, then there is not too much damage, but some people are very badly disappointed in everything, even though it is actually their own fault because they did not want to listen to others - that is why those who learn from other people's mistakes can save a lot of time and money.