Water is water no matter where it's gotten from you just have to make it look unique, treat it like you treat something special with so much care, and one would think you got it at 50 eurs like you said for the wine.
I would never agree with that, because not all water is clean and healthy for drinking, and if someone thinks they are drinking healthy water from a plastic bottle, let them do a little research on what that plastic releases into the water and what you are actually drinking. Researches say that even about 70% of bottled water comes from taps anyway, which is another piece of data that shows that most people live in a delusion about what they buy. Having a special wine would really cost a lot, with you being a connoisseur, it means you have to go for the real deal and you spend more to get that unique wine. I know you can do anything to get a better wine even if you spend up to 100 EUR😅.
For some, 50 EUR is a lot, for some it is not, it all depends on where you live and how much you earn, and of course on how much wine you drink. In addition, good wines are not only good as drinks, but can also be a good investment because their price increases over time.
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I don't have any special drink that I drink every day, it's mostly clean water (not from a plastic bottle or tap) or natural juices that we make every year. What I like to drink is good wine, and such wines have a price of around 50 EUR per bottle, - and I personally have no dilemma about what to buy, because when I buy a good wine, I drink one bottle and save the other as an investment🍷 Of course, some wines are more special than others, not only because of quality, but also because of some other things
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I am pretty new to all this so don’t get most of what you are all saying. ~snip~
You have been a member of the forum for more than 1 year and have written more than 400 posts, and let's assume that you have read at least five times as many - I don't understand how you still consider yourself a beginner and don't understand what people are talking about? As far as I could see, no one wrote you anything technically demanding, but basic things that more or less everyone knows. You remind me of a member who constantly asks the same questions, but never acquires any of the knowledge that others share with him. Do not be @jerry0
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But then we have much bolder prediction from Fundstrat saying that we could see BTC in a range of $140k-$180k, but that's based on assumption that the BlaCkRock's BTC spot ETF application will be successful. I guess we'll just have to wait and see how will that pan out.
Whenever I hear that name, I remember their most influential prophet who could not predict almost anything (Tom Lee), and after years of failure they have a new expert, but considering the personnel in that company, I do not hope that he will be any better than his predecessors. My personal, uneducated guess is we won't break the $100k in the next cycle. Hope I'm wrong though.
Don't be such a pessimist, 90% of the forum will hate you Although such an outcome is also possible, I am of the opinion that the price should exceed $100k and come close to $150k - unless everyone starts selling en masse at $100k.
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~snip~ Is there a best/cheapest way of withdrawing profits to bank?
You don't have too many choices when you sell a cryptocurrency on CEX, because you choose a bank transfer and then you accept all the conditions specified for such a transfer. I don't know why the majority overlooked that you are talking about a bank transfer and not looking for a cheap way to withdraw crypto from an exchange to a non-custodial wallet. Like I said , I have not experienced a bull run yet and just want to have a plan in place for when it comes to cashing out my profits.
You have already asked similar questions several times, and as far as I remember, you always got adequate answers, so I concluded that you learned something from all that. The matter is actually very simple, you have CEX that you use, you have your own bank through which you make deposits and you know how the tax system works - the moment you want to sell, you will pay all the fees and finally the tax, and what is left over will be your profit.
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The last bull run had everyone on the tip of their toes, a lot of people strongly believed that Bitcoin's (BTC) price was going to reach, or possibly cross, the $100,000 price range, which never happened. And there were some who had unbelievable expectations like $500,000 and above, lol (we all know that's not happening anytime soon).
Some people believe everything they hear and read, and there are so many so-called experts who were fascinated by the $100 000 and they repeated it like broken records. The same thing happened at the end of 2017, only the numbers in the game were much smaller. Now with the recent events that have taken place, we all can see the bull rising off the dusts, we can almost tell it's about to happen again, maybe by next year or two. Which events are you referring to exactly? The whole story about BTC ETFs obviously didn't stimulate the market too much because most people don't understand the difference between futures and spot ETF anyway, and regardless of the powerful players that are involved this time, there are no guarantees that such an ETF will be approved in the US. The only thing that is certain is the halving, but in that case it should be taken into account that even the last halving brought rather modest results compared to the halvings before that. It is realistic to expect that the price of the last ATH will at least double, but past results do not guarantee that history will repeat itself.
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Literally no one loses in Bitcoin if they do not sell. But then if anyone needs his bitcoin at a particular time that the prices is at the bear level, they have automatically lost because they will be unable to use the Bitcoin at that time unless they sell at loss.
The same can be said for other investments - you do not lose anything if you buy a share for $100, and it is worth only $80 in x days - you have an unrealized loss, but in x days the same share can be worth $120. All those who invested in BTC above $30k are technically still in loss and who knows how long this situation will not change, but if they have strong hands, in the future they could recover their investment and probably make a profit. Concerning the Bitcoin 4 years cycle, which is accompanied by a bull run. After this coming bullrun, we will notice that the effect of halving on bitcoin price will be reducing just as miners rewards keep reducing.
This is one of the theories, but I think that halving will have similar psychological effects in the future, at least for 2-3 more future halvings. After we reach 99% of all mined BTC (between 2030 -2032), the interest in mining will probably decrease and the halving effects will no longer play a role - the 1% BTC that will remain will be something that will be mined for the next 100+ years.
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can anyone suggest apps to install to have better security? all i know is antivirus and browser adblock.
Maybe some will say that any AV is better than none, but from my personal experience this is simply not true, because some such programs are not only useless, but also spy on you and sell your data to whoever pays more. Therefore, take into account that a good AV+firewall has its price, but that price is small if you consider the possible damage that such software can protect you from. Malwarebytes Premium with several proactive protections is certainly a good security supplement. Additionally, if you want more privacy and security, it is recommended that you read the following article -> Link
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We can see a deeper penetration once bitcoin became legal to major countries. ~snip~
In which of the major countries in the world is Bitcoin illegal? I know that it is officially banned for trading in China, but I am more surprised that it was ever possible to legally trade and mine Bitcoin in that country, considering how communism works. Bitcoin is not illegal in the UK, EU, US, Canada or Australia and anyone can trade with it or use it as a means of payment, and I don't see what all those countries should do to make Bitcoin penetrate even deeper, as you say. The problem is not in the laws, but in people who buy BTC as an investment and do not want to use it as a currency, and even if they want to, believe me that many are not capable of making a simple transaction.
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People should think critically about what is presented to them, but I think we have already passed the point where people were capable of doing that - it is much easier to surrender to the current of the media than to try to challenge it in any way.
And how exactly you challenged what @ZachXBT said? Did you maybe do a proper research, forensics etc? After all, he didn't claim that its 100% Lazarus behind it. He suggests that it's probably the same group of hackers because they allegedly left a digital footprint pointing to them, although I'm not an expert to say how credible that is. I want to say that nowadays anyone can use all possible technology and pretend to be someone else while doing bad things online. This means that if other hackers are skilled enough to carry out an attack and leave a digital footprint that points to Lazarus, they didn't just successfully hack someone, they practically led the investigation into a dead end. On the other hand, hackers are not the only ones to blame, because they are only using loopholes in the system that are obviously being exploited very successfully. In fact, it is not so important who is behind the hacking, but why so many companies behave so irresponsibly and keep tens of millions of $ worth of cryptocurrencies in hot wallets.
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~snip~ I have no fascination. Simply noticed the large difference in networth between Chad Saylor and BlackRock. Larger networth = Possibly a larger investment into Bitcoin. It probably might be three times Saylor's investment by BlackRock? More if we consider the investments of the other major asset managers?
Of course, the difference in capital that you mention is incredible, because a few billion $ compared to $10 trillion managed by one company together with all other companies/funds make up tens of trillions of $ in value, and all this in a possible combination with investing in Bitcoin definitely tickles the imagination of anyone who thinks about it. The question of all questions is how much interest there is in investing in Bitcoin through such funds - is it 1%, 5% or maybe even 10% - are we talking about tens, hundreds of billions of $ or even trillions of $?
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~snip~ Surprisingly these days we don’t have these block size wars anymore. I guess people accepted and aside from the Ordinals, fees were low for most transactions.
It's an expensive game, and in the past few years, apparently no one could afford to try something similar. However, it should be kept in mind that fork wars are not something that is a thing of the past, especially in the case that the spot BTC ETF is approved in the US, which in combination with what BlackRock stated in this context means that at some point in the future no one should be surprised with some new fork that will be backed by a fund with a capital of several trillion $.
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Those who can't spell the name Satoshi Nakamoto correctly, how can we give them the right to decide the fate of Bitcoin??? The opinion of Mr. Brad Sherman should not matter to the Bitcoiners. He doesn't really matter, because the man has always been anti-Bitcoin. He is a kind of political version of Buffett & Munger, who, unlike these two, as we can see, also has problems with pronouncing someone's name - but I guess that is the level of intelligence of the average US congressman.
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It's actually added in the profile attribute, not included in their post content. If you are bothered by that display, I suggest you change some settings (I don't know if these settings are available for low rank users): Go to Look and Layout Preferences > enable "Don't show users' avatars." and "Don't show users' signatures." Problem solved. An intelligent person would certainly do just that if they are so bothered by advertisements/signatures, and those who present themselves on the forum as atheists fascinated by Christianity, and in addition try to promote some kind of personal cults, are not worth anyone's time, and even less merits.
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~snip~ A crypto education program would be highly beneficial.
And who, in your opinion, should start and run that program? It would be a little strange to expect governments to do this, because as much as it seems to some that they (governments) approve of certain things, Bitcoin is still a small thorn in their side that is causing them a little embarrassment for now, and all the chaos you describe is going to their advantage. The more confusion, doubts, hacking and loss of funds, the greater the advantage of those who are against all that. After all, in some conspiracy theory, we could say that Ledger was bought by a government to use it as a Trojan horse to gain control over everything that these devices store.
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~snip~ Where were all these analysts before? Let's say 5 years ago or more. Didn't they repeatedly bury bitcoin and claim that is the financial bubble and empty shell? Back then, they probably weren't interested in Bitcoin to the extent that they are today, or their opinions were drastically different from what they think today, which is why many try to let the past stay in the past. If we look at what Saylor, JMP or even BlackRock thought about Bitcoin 5+ years ago, then it is clear that these so-called "experts" are not exactly what they pretend to be. As for this particular bank, it is nothing new for them to give their predictions, but so far they have not been very successful. https://bitcointalk.org/index.php?topic=5459383.msg62599530#msg62599530
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~snip~ It will be better to look into other assets like stock, gold and real estate for an ideal portfolio diversification
I agree that it would be better to go in that direction, but you also have to understand that it is much easier to invest in cryptocurrencies than in gold, real estate, or stocks. When I say "easier", I mean primarily those who invest money in altcoins, and it is mainly about the younger population who dreams of overnight success, many of whom are minors and may not even have a bank account. What makes cryptocurrencies attractive is the fact that you only need a smartphone+internet and some app to invest, which is much easier than buying physical gold or shares for which you still need a broker who will do it for you. If something is simple, accessible to most people and with the possibility of a possible big profit, then you don't have to wonder why it attracts so many people.
As of today's price valuation, the market cap value of total crypto is 1.17 Trillion dollars but bitcoin only has 48% of the total share which is 560 billion so the remaining 50% is invested in the so-called altcoins. ~snip~
Market cap does not represent investments, but only the possible value of coins that are often manipulated to make them look more attractive. Most of the altcoins market is just one big mirage, but people often see exactly what they want to see, until they realize that there is actually nothing of value out there.
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Who says that they are the best hacker group in the world?
How many big hacks (and smaller ones too) are connected to that group of hackers in recent years? It is incredible how media propaganda washes the brain by constantly repeating one and the same thing, because they always accuse one and the same group of hacking - just as they used to accuse one terrorist organization for every possible terrorism. People should think critically about what is presented to them, but I think we have already passed the point where people were capable of doing that - it is much easier to surrender to the current of the media than to try to challenge it in any way.
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~snip~ If I missed any milestones you think are worth adding, please shoot me a PM or post here and I will try to add them within the next few days.
You missed my 5k milestone, but it doesn't matter, I'm not worth adding according to most forum members
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