This price is very good as compared to developed countries as well. I do think we will soon be seeing an era where the small countries take over the mining. This could help them financially as well. The redistribution of wealth is very long due.
Not only in Kazakhstan but also in other countries where we can have cheap energy sources in order to convert them to electricity for mining. El Salvador is one of such countries with free thermo-energy from volcanoes. With mining, it is risky if you have to invest into mining rigs, ASICs in case of Bitcoin, pay for electricity bills and in some periods, with market bearish or crashes, you will have to afford to temporary loses. It is why in some periods, we see big capitulation from weak miners. If miners use cheap or free energy, they won't capitulate too easily. I think you're putting too much confidence in the average investors logic  . I'm pretty sure certain investors have been fooled several times about Bitcoin being a bubble, and x country bans Bitcoin, and therefore we're going to see it go down to zero. The thing is most of the news is rehashed crap, and there's generally never any real reason to listen to them, as it's mostly pushing their own agendas. They are just manipulated by news, bans, FUDs but if they have strong belief, diamond hands, and don't have pressure from margin call, they can keep holding, keep mining and wait for better times to take profit. Endthefud.org. See Energy section |
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It's never too late for AC Milan to compete for the Scudetto because Milan will not be doubted or underestimated it's just that some against big teams always end in a draw and it's difficult to win that's all, the same points with Napoli can catch up at any time while their mentality strong this season, if you can beat Inter of course there is still hope for the Scudetto trophy.
I don't say it is too late or impossible for AC Milan. They can do it and win their first Scudetto after many years, just like Inter Milan in the previous season. They have more reasons to win this fight because their main opponent is Inter Milan. They are in a derby for Scudetto, for the first seasons after many years. Napoli can be temporary opponent for both teams but I believe Napoli don't have enough stability so this competition will be mainly between Inter Milan and AC Milan Milan is a big team in Italy but i dont think they have a quality to push until the rest of the season to win the title. You need to win 90% of the remaining games or more to win the title and i dont see Milan winning most of them. They will be fighting in the end for the champions league spot.
If Inter Milan can beat Juventus in the past season and take the Scudetto, AC Milan can beat Inter Milan and take the Scudetto in this season. They are not very different regarding to quality. Results and their ranks, total points on the table show it too. AC Milan are not leading team and they must work harder than Inter Milan to take over the first position but they can do it. |
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They have very great electricity price for Bitcoin mining. According to Electricity prices from Globalpetrolprices.com. How does it change after the latest crisis in that nation? Will it last for too long? If it is only temporary change about price, crisis, etc. the nation will still be one of most favorite ones for Bitcoin Mining. The Electricity prices for households, June 2021, is 0.041 (kWh, U.S. Dollar) |
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the very successful sporting director of borussia mönchengladbach Max Eberl announced today in a very emotional press conference that he can no longer continue in his job for health reasons and is saying goodbye to football after more than 23 years  ... as a player as well as a sport director, ME has achieved a lot at gladbach and has brought this club to where it is now. https://www.kicker.de/61f3a89d27d457405d972ea8/livetickerBad news for all but I wish him the best for his health and his family. He deserves more time for his family and for himself after all things he contributes to football and Mönchengladbach. I know it is a very shock news and change for Mönchengladbach but they have to accept it and keep moving forward without him. This can affect many strategies in the club in near future. They will need to find another replacement for his position and no guarantee that the replacement person will be able to get success asap. |
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I just wonder if he will change his mind if AC Milan is able to beat Inter next week? I don't expect him to underestimate AC Milan this season even though in the last few games AC Milan's performance has decreased a bit.
AC Milan are not missing out on anything they wanted to achieve this season as they are still on the right track for the title with Inter and Napoli as well as Atalanta. I'm not sure why AC Milan is being underestimated when they are only 4 points away at the moment. I'm happy with what AC Milan has done in the last 2 seasons, it makes Serie A even more interesting.
AC Milan have bad results recently but it has yet wiped out all great things they have done so far in this season. You are correct that AC Milan are still on track of Scudetto competition. They are not too far away against Inter Milan and only have same points as of Napoli. Inter Milan have better chance to win Scudetto because they are champions and their players are more experienced in such competition. However quality of Inter Milan and AC Milan are not much different so they can keep their race very tight and interesting until final days of this season. I would like to see AC Milan win the trophy because it will make Serie A more exciting next season. We will have two different champions in last 2 seasons fight against Juventus. Very good for Serie A in general |
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Exchange is not responsible for how you trade or invest. They have responsibility to filter projects and list them on their exchange. A good exchange will have strict filtering and listing procedure so that scam projects will not be approved.
However, it is bad if you completely rely on exchanges and trust them. We can not know or identify all scam projects so as exchanges. If you make decision, investment or trading, you are responsible for it. Furthermore, trading and investment contains risk and it is somewhat gambling.
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[GUIDE] All About Central Bank Digital Currency (CBDC). CBDCs are not decentralized and because of centralization under government control, I expect to see censorship from government request in CBDCs. Don't expect decentralization and privacy when you use CBDCs for your transactions. It won't be much different than bank transfers and governments only try to disguise you from one digital transaction by bank transfer to another type of digital transaction by CBDC.
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The difficult part is here, in March 2020. Look what happened, Bitcoin broke down below on that trendline, it could happen again? We will not know.
But if we will use this basis, it is more positive to happen, only 2/3 happened since 2018, because last March 2020, it broke down, the other 2 bounced back. So, another good basis for buying this dip.
Funding rate supports to buy the dip too. See some charts from Clemente. Even if Bitcoin break down that is bad but if history repeats, it will recover and move up above the trend line later. Buying dip means taking a good opportunity with risk acceptance as well. If you accept risk in a dip, you can buy it. Especially, if you see risk is smaller than opportunity. |
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They are not in debt because what they own is an asset, not a liability. They are temporarily at loss based on their average entry price but not in debt.
At a loss and in a debt is different and it is over-exaggeration to call them in debt because of Bitcoin falls. In long run, they will have a big fortune if they hodl their Bitcoin long enough.
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It is good signal but it does not indicate that Bitcoin has already touched its bottom. Bottom can be a little bit deeper but we are coming closely to bottom range which is good to enter.
We never can predict or identify bottom price 100% correctly. So let's feel happy if we have money and have chance to enter around bottom range. It is better to buy Bitcoin around $35k than around $50k or $60k, isn't it? Furthermore, if you have done research about Bitcoin, its total supply, circulation supply and future supply, you will see $35k is very cheap price in next 10 or 20 years.
If you believe in and have plans to invest in Bitcoin in more than 10 or 20 years, $35k is perfect price to join. Price can fall more but why do you have to worry about that if you invest with your money and will maintain your investment in 1 or 2 decades?
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Retail investors are mostly newbie investors and they are more likely speculators not investors. They are most vulnerable participants in the market with market crash, correction, wash out.
The market need capital flow to grow but retail investors or speculators don't have much capital. It's mainly from institutional investors and retail guys only join when the market is very hot. They will be washed out it hot corrections or crashes later.
The market can not go down forever and if you believe in Bitcoin, it is very good chance to invest or accumulate more.
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Market will go in a direction the crowd think it won't go. So if the crowd now think that Bitcoin is not going to below $40,000, I think Bitcoin will have a crash to under $40k. If you see the chart, I believe that in worst crash, it will have to retest $20k but will it happen now in this bull run or in next bear market.
Do you think the bull run is over? Do you think the bull run will continue?
If bull run is over, $20,000 is waiting. If bull run continues, $30,000 can be a last test for Bitcoin before it can go to reach new all time highs, above $70,000 first.
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Bitcoin is deflationary because its total supply is 21M at beginning and in the end, in 2140 after 21M all mined, no more new Bitcoin will be created on Bitcoin network. Real total circulating supply will be less than 21M because millions of Bitcoin were lost and will be lost.
With Bitcoin, if you don't own or lose your private key, you will lose your Bitcoin. I am sure many people lose their Bitcoin because lack of knowledge, carelessness and unexpected accidents from catastrophe to human-made reasons.
Fiats can be printed by governments if they want to print more. All fiats lose their purchasing power because of inflation which controlled by governments. Unfortunately, governments don't want to control inflation and their policies are only delaying effects from inflation. In long run, effects occur and affect our lives.
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Bitcoin User Loses Record $1.1M in Scam Michael Saylor Giveaway. The method is as same as old scam Youtube channels. I am very surprised to know a Bitcoin owner is scammed by that old and easily detected scam method. The scam amount is huge (26 Bitcoin) and the value is huge too ($1.1M). I hope people if have chance to read my topic, will not be scammed by that method at any amount.
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A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss.  It is a very old scam trick. Send a deposit, go first with it. Then you will get double in return. Is it too good to be true offer? Is it what we can actually have in life? It's a bad lost story and I am sorry for that whale but somewhat deserved to be scam because of naive and laziness or ignorance on all scam alerts or guides to avoid scams. Scammers on Youtube. Don't fall into this scam trap and lose money, guysYoutube scam channels. Please spend your time to report them and take them downHow can we know that that transaction wasn't made by the scammers themselves in order to create a fake perception that other people are sending money to them? This is one thing that gets rarely discussed with these scams, as everyone assumes that all the incoming transactions to doubler addresses come from victims.
Correct. Scammers can make fake transactions to convince others that their giveaway is real. |
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It is two sides of a coin: Bitcoin and fiats.
Bitcoin is created to give people freedom, be their own banks and be free from fiats. I disagree with people who say Bitcoin will replace fiats completely. It won't, in my opinion.
However, Bitcoin will beat fiats in terms of favorite in our social communities and in future, the younger people are, the more preference they tend to use Bitcoin for daily transactions.
Lightning Network, Segwit, Taproot and more technical improvement which will bring Bitcoin to more users.
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That's the problem. Fees rise according to network activity. Since smart contracts (dApps) require constant interaction on the Blockchain, fees will only go higher over time. The more people use the Blockchain, the higher the gas fees will be.
Technically it is how new blockchains can give very cheap transaction fees. Their original promise will be our projects can provide very cheap, cheapest transaction fee. Our networks won't have issue with scaling, size, etc. Many of new projects die months later or fail to grow so we never have chance to verify their promise. Else, successful projects will cope with increase of network activities then it leads to issues. We see it with Ethereum, Binance Smart Chain and lately Solana. |
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It is same as Bitcoin faucets which gave away many Bitcoin in the past. Now if we look back, we will say faucet receivers in the past are very lucky but it is only partially true.
Lucky, yes it is because you are lucky whenever you get gift, airdrop, reward, etc.
Unlucky, if you don't realize its hidden value and lose it later. I mean how many people who claimed Bitcoin faucets years ago or got rewards for losing their fights in-game as Bitcoin, are able to get access to those Bitcoin years later or nowadays?
Most of them lost private key and lose their Bitcoin. Estimate from experts reveals that it's about 4 million Bitcoin was probably lost
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