MtGox was definitely worse because of the liquidity being on that single exchange like you said, but in the grand scheme of things FTX was far worse — in terms of industry reputation, potential regulations, etc.

In general: Low mcap is higher risk, with higher potential reward. Dahil kung ang isang project ay low mcap, kokonti lang ang may alam ng project. Maybe because maganda ung project pero bago palang, or maybe because sobrang basura.

Pag high mcap naman, lower risk with lower potential reward. Kumbaga mas less of a sugal.

Kumbaga kung gagawin nating analogy: ang pag invest sa high mcap is parang nagsstart ng business na mas traditional/common — kainan, online selling, etc. Whereas ang pag invest sa low mcap is parang pagsimula ng business na wala pang iba o konti palang ang nakakagawa.

Ballet wallet is pretty much just a paper wallet in stainless steel form where you don't generate the wallet yourself, but a third party; hence that third party may or may not have a copy of your wallet's private keys. If anything, that's one of the worst wallets to use for long-term holding.

So.. Bitcoin is a business and it's the fastest growing digital trading platform? Dude what are you smoking. Maybe learn first before trying to promote it.


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

For more context to prevent confusion, it's $100 or 1 bitcoin.

But yea, these are the people who've likely heard of bitcoin, but probably didn't bother to check the price at least once. Also, I could almost guarantee that most people didn't pick the $100 option; it's probably just the fact that the YouTubers nitpicked the ones that did.

Not sure about you guys — but while I love Bitcointalk, it's funny how much unnecessary praise-posts it's getting lmao. We're getting cult-like.

Nothing like dating a person who's net worth crashed 90% because of a scam coin or a bear market lmao.

I think it would mostly depend on the country though. With countries like the United States, crypto might be a turnoff because a lot of people look at it as a scam. Whereas with poorer countries, crypto might be an attraction because being an "investor" is something people perceive as high caliber.

It boggles my mind how lazy people are to double-check wallet addresses. It literally takes like <5 seconds in exchange of you not losing your money from potential clipboard hijacks.

While I'm not from a country where Bitcoin is necessarily legal(neither legal nor illegal) — if I were to guess, some countries legalize bitcoin simply because their GDP is very small and they're willing to take risks. If Bitcoin actually grows in the long term, they can reap the benefits for legalizing earlier than most countries.

The chances of the cryptocurrency space forgetting an exchange that caused a cascading bankruptcy event is zero. It's pretty much the 2022 version of the MtGox debacle; and it can even be arguably worse — it was simply just so bad.

While we're not required to speak using our local language on local boards, why post on your local board if it's in English? Unless the post is about something concerning your country.

Tip: unless you are capable of reading and compiling source code on your own, just stick to wallets that already have a good long-running reputation. Unless you know what you're doing, leave the trying and testing to the experts.

Probably just the fact that the logo creator was like "whatever" and just ignored the minuscule imperfection. Who would've guessed that Bitcoin would gain so much popularity in such a short timespan in the first place. Don't forget that Bitcoin was such a small and niche network at those times.

Passive income through blogs are quite difficult. Imagine working months and months writing articles, without knowing if it will end up actually yielding you any results at all in the end.

It can definitely be hella rewarding if you end up hitting a home run on the SEO side of things though. Nothing more satisfying seeing your website earning you money on the daily with you doing little to no work after all the initial work.

Maybe at least tell us why you think it will dump to $17000? So we would actually at least have a basis on what to discuss.

Also, check bitcoin's price history. Dumps are nothing new at all.

I think they can easily go back into operation, only if they change leadership. FTX's UI/UX is simply too good for a trader's perspective for them to just disappear completely.

With all said and done though, safe to assume that they wouldn't have the same amount of users before all the fiasco.

I wouldn't disagree if you'd say that they're very bad investments(wouldn't necessarily agree as a scam), but the fact that you can move USDT/USDC using their networks makes them at least somewhat useful networks in my book.

This is one of those things that bites my arse from time to time. I'll get a batch of homerun picks(like three 20x coins/tokens), then I'll get too cocky at the next batch of coins/tokens and lose like 50% lol.

Same thought. For bitcoin to defeat gold in terms of marketcap, I'm pretty sure money should be in people from the current generation's pockets as people in the current technology-filled generation are highly more likely to buy BTC, not the boomers.

We don't even necessarily need to compare it to ATHs. A person could've bought bitcoin at sub $1000 prices in 2017; it then rallied to $3000+ in Q3 — which some people would deem "expensive" because of the rise; but then the price continued to rally up to the 2017 high of almost 20k. You could've easily missed this run of you had the mindset of "not buying at high prices" — as OP is portraying.