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My wife knows how to access my bitcoin & I will teach my son when he is old enough. I know what I’m doing & will not trust anybody else to custody anything for me. I do not like multisig myself.
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Rollercoasters can be fun but in this case, it’s best to not panic & just continue to steadily DCA with what you can regularly afford. Bear markets are the times that you lay the roots to make life changing money.
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Another bear market & another chain of seemingly well run crypto companies gets liquidated. That's the problem with these centralised shitcoin casinos, they can’t be trusted. Starting all the way back with Gox & it’s still happening now. Get your money off these type of platforms of you will get rugged.
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Why do people not promote Tether instead of Bitcoin?
Is it because there is no money to be made in Tether?
Isn't the whole idea of Bitcoin to have a decentralized network that is useful and fair? Isn't that Tether?
1:1 seems fairer than 1:20,000 ...
See bolded - that’s exactly why people prefer bitcoin to USDT as an investment vehicle. USD is losing purchasing value every year, inflation destroys lives & USDT is pegged to USD. Bitcoin is the lifebelt to save people from financial ruin. USDT is fine to transact immediately but for long term HODLING it is useless. |
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Elon is always several steps ahead of everybody is. He plays chess, 4D chess. Don’t worry about Elon Musk, I have no doubts that he will come out on top in this debacle.
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The fiat system is failing but bitcoin was always going to get paired/coupled with fiat. It’s how we’ve bought things & lived off for a long time now. It’s natural that it happened but obviously 1BTC = 1BTC and that won’t change. Let’s just be happy that we’re here & we found a way out of their inflationary slavery.
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I’d sling a couple of grand in to a meme coin for sure. The thing is, the ones that exist currently might not be the best investment for the next bull cycle. They might have been exhausted of profit if you know what I mean. Definitely it’s a good idea to keep an eye out for whatever meme coins appear early in the next bull cycle though.
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Fiat currency & the world financial market is in real trouble. We will see many people thrown into poverty over the next year.
Protect yourself & buy bitcoin, it’s the emergency exit.
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Anything under $20,000 is a gift, as long as you don’t have a short time preference in your investing then bitcoin is the best investment there is. Nothing else matches bitcoin, keep buying & stop worrying about short term price movements.
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The only way this mess will be fixed is when fiat currency finally dies & the world is run on a bitcoin standard. That probably won’t be in our lifetime though. We can live in hope, every day is closer to the fiat ponzi scheme finally collapsing.
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It’s nothing we haven’t seen before. People have been stealing money from organisations for centuries. A vulnerability was found & the funds were drained, this isn’t a reason for some mainstream news FUD though. The fiat banking system has had worse things than this for years.
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I hate these type of bouts, it’s just about money, not the sport. Same with Floyd vs Connor & every Paul brother fight. These type of ‘fights’ are not boxing, they are theatre.
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BSV is a massive, failed shitcoin with no future. Monero is a great concept but it can’t take off because big exchanges aren’t allowed to list it due to pressure from governments. It can’t grow because it won’t be allowed to.
Craig Wright is a compulsive liar, he’ll probably end up broke & kill himself.
My god, I can't stop laughing especially the part of kill himself since you are the Death Angel  . but you have said is true about monero back a couple of years ago monero is the best privacy coin I mean it still best to date until crypto gets regulated KYC/AML becomes necessary to some exchanges and major exchanges keep delisting it  and about craig wright I think is another person who wants to be famous if he real satoshi I don't know how many government agents will showed to him. last BSV nahhh I don't know what really purpose of this coin  with DeFi and seamless chain available all over the place Yeah it’s sad about XMR, I had high hopes for it. I’m actually still holding a bag, I don’t think it’ll ever see another ath. It’s been killed by first world governments pressure on exchanges for kyc etc which totally destroys the whole point of it. Screw first world govs & of course screw BSV. |
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The altcoin market follows bitcoin, we should all be aware of that. When bitcoin pumps alts pump. The whole 4 year cycle is run by what happens with bitcoin.
I don’t think the bitcoin bottom is in yet so no, alts haven’t bottomed just yet.
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Things like this make you wonder if this was all planned from the beginning. Maybe I’m being cynical but cause a capitulation event, crash the price, buy the bottom & laugh at all the normies.
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i think this post would have been best suitable to politics and society or economics board than bitcoin discussion.
First I heard of this news & I do agree that perhaps the thread should be moved to a more suitable thread. Regardless though, very sad news & I hope his family will be OK. This kind of news is not good & I hope the perpetrator is caught & hit with the full force of the law. |
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Nobody who held bitcoin for over 5 years ever lost money on bitcoin. You shouldn’t invest money & expect to be really high in profit short term. Bitcoin works in 4 year cycles, even better if you can buy & not worry about price for 10+ years.
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I used to play it all the time with my brother when we were younger. It’s one of the most iconic games of the last 10 years. Playing online is the best against RL players. I love talking smack to people when I kill them, I used to always be a pussy & hide away using a sniper rifle. Good times.
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