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1461  Bitcoin / Bitcoin Discussion / Re: Bitcoin overshadowed by economic lie on: April 27, 2023, 03:07:13 PM
It's true that misinformation and negative propaganda surrounding Bitcoin has led to a lack of widespread adoption and investment in the asset. However, as more people become educated about Bitcoin and its potential for long-term growth, we may see a shift in attitudes towards it.  makeWhile there are risks associated with any investment, the potential rewards of Bitcoin cannot be ignored.

You are absolutely right that negative propaganda and misinformation has played a key role in shaping up unfavorable public perception of Bitcoin and this is the reason, it has not achieved the level of adoption and investment what potentially it could have attained by now. However, we need to acknowledge that there are also unique risk associated with this digital asset, such us extreme volatility which has been the main barrier to its widespread  adoption. despite all these issues, it is important to acknowledge that Bitcoin remains the best performing asset during the past more than 10 years.
1462  Economy / Economics / Re: What class of an investor are you? on: April 27, 2023, 09:42:45 AM

The researcher investor wants to conduct thorough investigation before deciding whether to invest.They might even decide against investing altogether since, if you wait to make a decision until you know everything, you might never invest.

What class of an investor are you?


I believe I belong to the category of investors who conduct extensive research before committing funds in any kind of investment. However, my primary interest lies in digital currencies, in particular Bitcoin has special place in my heart because of its decentralization nature and high level of security system. I believe it is a potential opportunity of investment and it can potentially revolutionize the global financial industry.
1463  Bitcoin / Bitcoin Discussion / Re: What a physical Bitcoin could look like? on: April 27, 2023, 04:11:43 AM
What are your thoughts on what a physical Bitcoin could look like and an idea on how it would work?

Although physical Bitcoins do exist but they are not used for day to day transactions , instead they are often collected as novelty items. Using Bitcoins as mode of payment will require a central authority to issue and regulate it, which goes against the core concept of decentralization, which is the foundation of bitcoin network. Therefore use of physical Bitcoins for daily transactions could potentially compromise the integrity and decentralized nature of digital currency.  

1464  Local / Other languages/locations / Re: Pakistan on: April 27, 2023, 02:28:27 AM
Bitcoin price can ‘easily’ hit $20K in next 4 months — Philip Swift


G brother, Kal bi Bitcoin mein bht achi move aai or Bitcoin ne 30K ka high banaya tha or es waqt bi 29K k pass trade ho raha ha. uski waja USA mein ek or Bank ka collapse hona tha jis se public ka fiat currencies pe bherosa weak hota ha or bry bry investors Bitcoin mein investment kerty han. Mujhy toh Bitcoin fundamentally or technically bht strong lug reha ha or ho sakta ha hum next month ( May-23) Bitcoin 40K ko surpass ker jai. INSHA ALLAH



https://www.investopedia.com/first-republic-teeters-7485632
1465  Economy / Economics / Re: Investing Addiction. on: April 26, 2023, 02:40:32 PM
yes some people may get stuck in this I mean more inclined to spend or use their money to invest it.
I have also experienced this, but is that wrong, for example, every profit I get, I allocate 80% to be played back, the rest is used for my needs.

It is not wrong to reinvest 80% of your profit. In fact it is a good strategy known as compounding. This way you can grow your wealth overtime at a faster pace. It is also important to have a well defined  plan for your investment with clear goals, keeping in view your financial responsibilities, limits and risk tolerance.

Before investing, prioritize your financial needs and responsibilities, such as paying bills of electricity, gas and saving for emergencies. When we follow a systemic approach, we can make most of our investment, while ensuring financial stability.  
1466  Economy / Economics / Re: Investing Addiction. on: April 26, 2023, 09:56:57 AM
Investing in appreciating assets like Bitcoin is a good addition. It is a wise decision to invest in assets those can potentially yield better returns in future with relatively low risk. It can be a wise decision and may have positive impact on your life in the long term. Investing should never be confused with gambling which is associated with high risk, and odds are often stacked against the players. While investing is a long term approach which involves discipline and intensive research and likelihood of achieving  success is quite favorable.
1467  Bitcoin / Bitcoin Discussion / Re: Crypto (btc) is not for the weak on: April 26, 2023, 07:12:47 AM
Apart from having to do financial management, we also need to do psychological management so that we are not disturbed by FUD which continues to be spread and affects us in the investments that will be made. People who have not started believing and are reluctant to invest in bitcoin or crypto are of course only beginners who don't know what to do, but those who have been in the crypto world for a long time will understand that now is the right moment to just keep logging in and take advantage of it to your advantage. Like CZ who wasn't swayed by drama FTX and such, he continued to innovate and make FUD a vehicle for greater profits. Every investment will definitely have risks, but these risks can be overcome if we know how to minimize them.

There is no doubt that crypto is not for the weak and  emotional control is primary requisite for success in crypto currencies investment. FUD (fear, uncertainty and doubt) can be a powerful force in crypto market and may lead to panic selling and cause losses. It is important to stay informed about latest development and take informed decisions. It is also important to remember that investing in Bitcoin should be approached with long term strategy and it is not a get-quick-rich scheme.
1468  Bitcoin / Bitcoin Discussion / Re: Spain's most anti-privacy and anti-crypto law comes into force. on: April 26, 2023, 04:52:58 AM
Today is a sad day for those of us who use bitcoin and value our privacy. Just today, a law came into force in Spain that obliges entities that provide crypto-related services in the country to report absolutely all transactions carried out during the year.


This is indeed a bad news for crypto community and concerning development for all those who value their privacy when using crypto currencies, this development underscores the importance of avoiding central exchange whenever possible. I am afraid other European countries may follow the example of Spain and similar regulations is implemented  about regulating the crypto currencies within their own borders. It is always advisable to stay informed about latest development in crypto regulations in your own country, as well as internationally.
1469  Local / Other languages/locations / Re: Pakistan on: April 26, 2023, 02:40:22 AM
Bitcoin Price Fluctuations Next Target 30k$

G brother, Kal rat Bitcoin ne bht achi move show ki jis ki waja se Bitcoin ki price dobara se takrrebun $1000 rise hoi or es waqt bi Bitcoin 28,360 pe trade ho reha ha. Mere technical analysis k mutabik jub tak eski price 21 weekly EMA se oper ha toh hamein ghabrany ki koi zarurat nhi ha. kuch correcftion aa sakti ha mgr overall trend positive hee ha or mujhy pori umeed ka 2023 k end tak Bitcoin ki price 50K k aas pass ho gi. INSHA ALLAH.




https://www.binance.com/en/trade/BTC_USDT?theme=dark&type=spot
1470  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption growing stronger everyday on: April 25, 2023, 02:06:21 PM
It's great news & positive development that Mayor of Switzerland is utilizing Bitcoin to purchase goods and services which highlights that Bitcoin adoption is growing rapidly, because it is perceived as only financial asset that can potentially mitigate the impact of rising inflation which consistently erodes the purchasing power of our traditional fiat currencies. Its adoption in western Europe & USA is crucial because they are the epicenter of global financial system.


1471  Bitcoin / Bitcoin Discussion / Re: Inflation may have driven me to this, bitcoin has the power to reverse it on: April 25, 2023, 11:06:38 AM
Banks interest rate is a dream killer, it's never going to bring a noticeable impact into your life than regrets, that's even if you know that there are better alternatives like Bitcoin exists, some people don't know what Bitcoin is in my country, you mention Bitcoin they will ask you what that is, lol, this is a sad lesson you learned mate, but I have good news for you, it's not too late to invest in Bitcoin, and be thankful that we are still in a bear market, so you still have some months left to go, start accumulating now with what you can afford to lose, also please understand that Bitcoin is a highly volatile asset, riskier than stocks.  

It is true that inflation can erode the purchasing power of savings overtime as interest rates offered by bank on saving accounts are generally lower than rate of inflation worldwide. To counteract this risk, financial assets, such as Gold, stocks and Bitcoin are relatively better options and provide hedge against inflation. However, rather than relying on a single asset, it may be prudent to consider diversified portfolio, as  diversification approach is generally considered a viable strategy to potentially achieve better returns while reducing risk.

1472  Bitcoin / Bitcoin Discussion / Re: What will you do with bitcoin? on: April 25, 2023, 05:52:36 AM
Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".

So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?

In the light of  present market situation , it is  prudent to continue accumulating Bitcoin as market price is relatively low, therefore I am taking advantage of this opportunity and buying on every significant dip to increase my holdings. My long term plan is to wait for resumption of bull cycle which is likely to occur after halving  in 2024 when Bitcoin is likely to exceed $100,000 level and that is the point where I will start selling my Bitcoins assets at that stage.

1473  Bitcoin / Bitcoin Discussion / Re: Is bitcoin price control by human agents or electronic technology? on: April 25, 2023, 02:46:09 AM
Please am trying to understand how the systems work that's why I need more clarification from you. I watch this cryptocurrency prices going up and down the axis but often times I ask myself outside the fact that when people made withdrawal it affects the price going down and when people invest high capitals it increases the price automatically but is there some kind regulators like human agents or electronic technology who always do the regulatory price actions especially when trading bitcoin? Or is totally program that way? Only your views please.

In fact prices of all trade-able assets including crypto currencies are primarily determined by basic principle of economics: Supply and demand. In a decentralized market like crypto there is no central authority to regulate or control prices, instead it is determined by collective actions of buyers and seller. However, when it comes to trading crypto currencies, human agents and technologies are involved to execute trades. Human agents, such as traders make buying and selling decisions, while algorithms & bots execute the trades.

1474  Local / Other languages/locations / Re: Pakistan on: April 25, 2023, 12:20:01 AM

Kaya wo jo border par kharra ap ki sarhad ki hifazat kar raha hai. Kaya wo bhi galat hai. Galat ye hmary Jarnail hen. Yani jo unchi posts par hen. So please bhai zara khayal sy.

Jo shahadat kaa jaam pi kar ataa hai kaya wo wardi wala nai hai.? Pyary bhai apni correction ki jiye. Allah ap ko samaj ataa farmaye.


Baat apki bilkul 100% theik hy. Har wardi waala gult ni hy ,sirf upper kay log hi gult hein lekin ab army ka koi waqqr ni raha.

Pata hay appko k police waloon ki koi izaat ni kerta...log aun ko duur c dekh k rasta badal letay hein halakay saray police walay aik jeisy ni. Lein ab log army ko bhi bura sumjthee hein aur woh waqt duur ni jab dusmaan (india) hum p hamla ker daay ga aur hum apni army ko support ni kerian gay.

Ab koi bhi apnay bachoon ko army mein ni beejay ga, hum bohat hi gult taraf chal pertein hein ain channd polications aur jernalioon ki wajah c


G Umer bhai, Apki baat bilkul sahi ha k hamein army ki izzat kerni chaye ku k koi bi mulk strong army k beghair survive nhi ker sakta unka role mulk ki geographical borders ki hifazat kerna ha jo k bht ahm ha.. Asal bat yeh ha kuch kaali bheron ki waja se pori army badnam ho gai ha mgr sub wardi waly kasoor war nhi han. Army ko apni izzat ko bahal kerny k liye siasat ko bilkul tark ker k apni professional duties kerni chaye. Siasat kerna unka kaam nhi ha yeh siasatdano ko hee kerny dein wohi es mulk k maslon ko hal keren gay.Insha Allah
1475  Economy / Speculation / Re: Are we now on Crypto bull run? on: April 24, 2023, 05:15:21 PM
If according to your analysis and predictions, we are very close to the bull season because $33k is a price that is not too difficult to achieve. We hit 31k before the correction and were very close to $33k. What about the halving? We are still over a year away from that date, and bitcoin will only enter a bull cycle after the halving takes place.

There is no doubt that Bitcoin halving is an important event in crypto space and usually trading activity increase even before this event takes place and consequently prices of Bitcoin rises, however it is not the only factor that influences price. There are other factors those can influence its price, such as market demand, adoption and regulatory development can also have significant impact on Bitcoin price.
1476  Economy / Speculation / Re: Are we now on Crypto bull run? on: April 24, 2023, 01:43:48 PM
Are we now on crypto bull run or this yet to be go down futher more down than 15500?

Based on my analysis, Bitcoin has not yet entered into bullish zone, but  rather is currently trading sideways, within a range of $3000. I hope, there may be a break-out from current level in the near future, which  may potentially push Bitcoin price above $33,000 and if it makes few consecutive green candles above this level, then we could confirm with confidence that it is the beginning of  bullish trend. DYOR
1477  Bitcoin / Bitcoin Discussion / Re: Is $30 dollars worth starting bitcoin? on: April 24, 2023, 09:17:32 AM
Someone ask me a question after introducing bitcoin to him, if he can start up with $30 and grow with it but I told him bitcoin is wide and high in volume, price and market, that's means whatever you're starting with determine the outcome of the market like for example; if you start with $30 and eventually the market goes up to a little increase of $32 can not be compared with someone who started same time with you, at the rate $100.

So also when the market is down to some extent, the person with $30 may likely loss more because of the money is small. Blockchain has the minimum amount one can invest if am not mistaken but if your amount is too small may be difficult to make easy progress.

What do you think about my advised to him?

You are correct that crypto currency market, including Bitcoin, can be very volatile and value of your investment can fluctuate rapidly. Therefore conduct your own research before making investment decision. However, there is no problem with starting investment in Bitcoin with any smaller amount of money, however it is advisable to invest your savings in Bitcoin regularly, in particular when market is in down-trend. This strategy can help you to accumulate more Bitcoin holdings and increase the possibility of generating significant profits in future when market is in on an upswing.
1478  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 24, 2023, 04:40:15 AM
To all who like to Buy the DIP, and DCA. There's another Golden Opportunity coming, although it might not be as golden as low prices of November, but a good opportunity nonetheless.
 Cool
ARE YOU READY?

Yes, it is an opportunity though not so attractive as it was in November-22, with the price having dropped more than $3000 during the last week and currently trading at around $27,700. It appears as market may continue to experience sideways movement, and Bitcoin price may remain within a relatively low range for sometime until a break-up or break-downs occurs which usually happens after a period of sideways movement. Every significant dip should be considered an opportunity to accumulate Bitcoins for long term holding.
1479  Local / Other languages/locations / Re: Pakistan on: April 24, 2023, 02:39:30 AM
Bitcoin's 10% Weekly Price Drop


G brother, last week Bitcoin ki performance kafi mayous kun rehi or Bitcoin 30K se 27k tak drop hoa mgr jub tak Bitcoin 200DMA or 20 weekly MA se oper ha itni zayadeh preashi bat nhi. Inshallah yeh correction jaldi hee end ho jai gi or Bitcoin dobara apna upwards journey shoro kere ga.

Aaj subh market green candle k sath open hoi ha or es waqt Bitcoin 27,732cpe trade ho rha ha or RSI bi V shape recovery show ker reha ha mgr chart ko dekh ker lugta ha k abi market sideways hee chaly gi. Jub aaj sham ko US market open hoti ha tub dekhty han Bitcoin kasy perform kerta ha.



https://www.binance.com/en/trade/BTC_USDT?theme=dark&type=spot
1480  Economy / Speculation / Re: Bitcoin Value till 2033? on: April 23, 2023, 03:45:22 PM
In 2033 Bitcoin will be more volatile and it will hit again new ATH(All time high). Because after every halving Bitcoin pumps hard. And it will get more popular after the 10 years. So we should keep trust on Bitcoin.

Predicting level of Bitcoin volatility in 2033 is a challenging task, but based on current trend of its adoption and growing popularity as a hedge against inflation. It is reasonable to anticipate decrease in its volatility in future. As the number of people holding Bitcoin increases, it will reduce the ability of few whales ( people holding large amounts of Bitcoin) to influence its market price. Therefore, the level of volatility is likely to decrease overtime.
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