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June 11, 2024, 04:17:44 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1801  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba Inu Could Reach $5 By 2050 !!!??? on: June 30, 2022, 04:45:14 PM
If SHIB even exists in 2050 then it could be worth $5 for sure. The question you need to ask yourself though is that with current inflation & global financial situation is what will $5 be worth in nearly 30 years.
1802  Other / Off-topic / Re: I want to Believe on: June 30, 2022, 03:41:36 PM
Obviously, that’s just my opinion but I think BTC is a fairly safe bet of getting back to at least 60k by 2023.

Definitely by the end of 2024 (halving year). I’m not sure about 2023 being a bullish year though, I think it’ll be downwards trending for the next 12-18 months, then slow sideways grind with a slight incline as we head towards the halving. Moon 2024 & 2025 (based on previous cycles).
1803  Bitcoin / Bitcoin Discussion / Re: GRAYSCALE AND WALL STREET BITCOIN ETF on: June 29, 2022, 08:29:15 PM
There will be a bitcoin spot etf approval this decade but that’s all I can confidently commit to. The SEC seem determined to keep rejecting every application so why is this one any different. I think possibly big banks & or government are filling their bags & or suppressing the price with every ounce of their being. The economy is screwed at the moment, the last thing the government wants is the little people controlling their own money & flowing out of the failing USD.
1804  Bitcoin / Bitcoin Discussion / Re: Bitcoin can fight inflation? on: June 26, 2022, 02:33:31 PM
Bitcoin will fight inflation to an extent. If you buy bitcoin now & check the price in 20 years your likely profit will be far bigger than the inflation that will take place over that time. Because of COVID & the war in Ukraine the world economy is on its ass, inflation is around 10% but that won’t continue. Once everything settles annual inflation will revert to normal like 4% per annum, maybe 3%.

Money in bitcoin long term will beat inflation.
1805  Alternate cryptocurrencies / Altcoin Discussion / Re: Which alt-coin do you trust the most? on: June 26, 2022, 02:17:15 PM
I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just  bought again now that the value has reduced. I still trust that it will increase rapidly soon.

Sounds like you know how to play the game dude. Too many people do the total opposite & sell on the way down, buy on the way up. ETH is definitely still a good investment & now is a good time to buy again. You might even get a chance to buy under $1,000 before the next bull run starts.
1806  Bitcoin / Bitcoin Discussion / Re: Are the Miners acting as the biggest whale! on: June 26, 2022, 02:08:19 PM
There are multiple huge mining farms so no, they are most likely not acting in unison as ‘the biggest whale’. If they were all dumping coins at the same time in agreement to affect the price you could say it but no. Mining farms have to make money to stay solvent so they are just doing what they have to do to survive.
1807  Other / Off-topic / Re: What are you listening to RIGHT NOW? on: June 24, 2022, 02:00:58 PM
Akon - Locked Up
https://youtu.be/14PgWitIbSk
1808  Bitcoin / Bitcoin Discussion / Re: How do you feel when the market is downtrend? on: June 23, 2022, 07:34:45 PM
Before I took life changing money out it used to dictate my life. Now I don’t really care, I buy cheap coin when it goes down & I cheer when we’re in a bull run. I do not miss the days when a 25% dip made me worry about my future. Don’t get me wrong, i have more than enough bitcoin but I will never worry about a crash affecting my future again.

Now is time to buy, everybody else's pain is your opportunity.
1809  Other / Off-topic / Re: is there any BEST CRYPTO EXCHANGE IN 2022 on: June 23, 2022, 06:58:13 PM
Binance
Kraken
Coinbase Pro

They’re the three most reputable ones in Western countries. They all have a long history of being trusted. Obviously don’t leave any substantial amount of crypto on an exchange for any long period of time though, that’s just asking for trouble. Make sure you self custody.
1810  Bitcoin / Bitcoin Discussion / Re: Another 5000 Miner BTC Sent To Binance- another dip? on: June 23, 2022, 09:26:14 AM
We’re in a bear market so this is to be expected. The price is going to be bearish for a couple of years now. Miners can’t continue to operate at a loss for long so they have to sell at certain points. Don’t worry about it, we’ll be back in a new bull market 2 years from now.
1811  Other / Off-topic / Re: Bitcoin as a longterm gift on: June 21, 2022, 07:19:46 PM
I think possibly the easiest way to do this is laminated paper wallets. Generate them offline on bitaddress.org.
Make sure the computer you use to do it is clean. Keep them in a safe or something until the kid is of age & then hand them over, no problems.
1812  Alternate cryptocurrencies / Altcoin Discussion / Re: Circle Announces Euro Coin (EUROC) on: June 19, 2022, 07:02:38 PM
I’m not too interested in these stablecoins & I don’t trust them. We saw what happened when UST lost its peg, the whole crypto market came crashing down so Circle announcing a Euro Coin doesn’t fill me with any great hope or bullishness. 
1813  Alternate cryptocurrencies / Altcoin Discussion / Re: What coins made you 100x returns in last 6 years ? on: June 16, 2022, 06:57:49 PM
I’ve made a lot of money in bitcoin, I probably made close to 100 x my total investment, from the early days to what I sold in 2021. That might not be possible again from now in our lifetime with bitcoin. I’ll be interested in seeing recommendations of low supply cap shitcoins that could do well ahead of the next bull run though. I am listening Smiley
1814  Bitcoin / Bitcoin Discussion / Re: Newbies: Don't panic and learn to hold on: June 16, 2022, 06:43:05 PM
Newbies have to earn their stripes & that only really comes after they experience their first full bear market. We’ve all been through it & it sucks, especially when you have a large % of your net worth in bitcoin. What doesn’t kill you makes you stronger though. They will all be better prepared next time if they have the balls to HODL through the next 18 months - 2 years.
1815  Other / Off-topic / Re: What are you listening to RIGHT NOW? on: June 16, 2022, 06:31:43 PM
Kid Ink - Main Chick
https://youtu.be/tfRW88oBbbE
1816  Other / Off-topic / Re: Brrrrr on: June 15, 2022, 07:51:02 PM
I’m not scared at all. I’ve been buying all the way down from 35k to where we are now. This is how the smart people make money, buy on the way down & sell some in a bull market.
1817  Bitcoin / Bitcoin Discussion / Re: HODLing strong! on: June 14, 2022, 08:19:23 PM
Now is the time to HODL & even buy if you can. This is the perfect time to add to your stash. The dumb money is selling now, the smart money is buying. Which do you want to be like?
1818  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a good list for longterm investment? on: June 14, 2022, 07:56:09 PM
Always a chance to make lots of money in cheap alts but more likely you lose than win. Put the majority of your wealth in the more well established coins. Obviously not likely to do a 100,000 x price move but definitely more guarantee of profits without being rugged.
1819  Other / Off-topic / Re: How can I make money from betting/crypting/on the Internet? on: June 12, 2022, 01:28:13 PM
Only bet with amounts that you can afford to lose. Don’t gamble with money that you need for food, fuel, bills etc. Bet for fun, do not use it as an attempt to make an income because you might be unlucky.

It depends what time of gambling you like. If you like casino, slots etc try the following site:

Casino/Slots - www.bitcasino.io
1820  Bitcoin / Bitcoin Discussion / Re: BTC goes below 30k after US inflation rate reports on: June 10, 2022, 08:15:18 PM
I don’t think this is the bottom, we are only mid way through 2022. The halving is still 2 years away. If we are to follow the path from previous cycles there is still a capitulation event to come, we haven’t seen it yet.

Just prepare & be ready to buy under $25,000.
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