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Bitcoin is always have two side people who love it and people who hate it, pretty much like anything else. But according to the past history we are see that this is valuable. the other project seems popping off and try to fix some real world problems but it is still early. but government seems notice the grow of crypto industry Regulation is all over the place and some Gov try to adapt with blokchain tech to use it on CBDC.
just Do your own research first but in my opinion the pump is coming
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The weekly candle is still above 1200 EMA and currently retesting at fibbo based trend and 30K is a crucial point it is a BIG MAJOR resistance. So the choice is two we are gonna see side away for couple of days and continue running or we are gonna see a more steep correction to 26-28K and back to bull  back to your chart and my chart it looks very hard to break the major resistance now and according the RSI and other Indicator it seems the price is exhausting |
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Feeling good of course, But if you bough in 15-17K range take profit some are perfectly fine. Maybe we are gonna see a correction.
Weekly candle still above 200 EMA and currently retest at fibbo based trend and 30K is crucial point it is a BIG MAJOR resistance.
So the choice is two we are gonna see sideaway for couple of day and continue run or we are gonna see more steep correction to 26-27K and back to bull
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There is actually thread that discussed about FTX reopen - https://bitcointalk.org/index.php?topic=5436159.0and my answer will be pretty same if they can recover all of the Money the domino effect will stop. But the key is Trust it will be very hard to get after what happened to FTX. Maybe if they reopen they need several third-party audit and have transparency page Proof of Reserve and many more |
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Bitcoin has not gotten to $100000 and we are talking about when its price will get to $1 million which will require more pumping of money to buy bitcoin. It is better we discuss more on when bitcoin will reach $100000 first, then after that, we can discuss when it will reach $1 million when $100000 has been reached.
True still good and bad year to go, In my opinion, bitcoin could reach 1 million but in the next couple of decade for now and the overall crypto space should made a breakthrough that real word must depend on crypto. But for now lets accumulate more, building and waiting for the next ATH |
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Yes some credits are good as long as you can pay for it. I have a someone I knew that her addiction is to take out a loan, she even uses our name just for her to take a loan, and those sharks are invading our privacy. If money from credit or loans are being used to investment or to repay other credits then I think there's no wrong about it. Again, it is okay to have credit card as long as you can for it and you are a good credit payer.
Yes I actually hear this a lot and some of it becomes trouble. Friend of mine or family of mine had the same issue too one of them ask me to loan some money by using my name but I only help the closes friend and limited amount because it will be dangerous if person run away |
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well you have a good point we need saving for emergency fund and by doing it automatically is always better option.
But it would better if we also doing an low risk investment like saving with period of time and do invest in some mutual fund money market, government bond and mid to high risk investment program like stock and crypto
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sorry asking this question but you dont have to answer my question when and why you get diabetic it is from parent or just you recently have. Recently I have 110 Blood sugar level is this still at normal level.
and I think for survival we need medicine too right?
like insulin in your case
some painkillers mefenamic acid, ibuprofen or other types of painkiller
multivitamin
antibiotic and other basic drug
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Well today alone Bitcoin made up of $700 from 30K to 30.700 crazy right stock is volatile but crypto is twice of the volatile.
It is high risk high return but you need a lot of knowledge and better emotion control and like always Know when to take profit know when to stop losses.
for now enjoy the little bit of profit when you bought at 15-17K level. and accumulate more when the price having a correction
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I do agree with you about two sides of blade credit card can be helpful if you can control it but also can be dangerous if you can't control it. But personally, I need to stay away from credit when Im low on budget or at least I don't really need to buy useful things. So it is always good to use regular debit card with your own money than loan to someone else. But recently CNBC made a video about - Why You Should Buy Everything With Credit Cards - https://www.youtube.com/watch?v=SnBu2_l_sZ0 |
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What is an example of that? Exchanges will be the ones who need a third party to make sure they don't scam their users. Most of them have no incentive to go decentralized if they can just pay a fee every now and then to make sure they can continue their services and rake in millions of profits.
We gonna take example of Exchanges no matter what Centralized Exchange have a lot of contribution to a whole crypto adoption. In the other hand bad actor makes Centralized Exchange looks bad that is why we need balance. and Decentralized Exchange arrive. In other industries take a look at commodity and stock exchange, it always uses Centralized exchange so the government can do regulations and protect the customer. |
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But have you every try using computer without any GPU? Using CPU for 2D graphic and playing video would lead to poor performance (30 FPS or lower) even when you have fast CPU. I already experience that since i tried using Windows VM without any GPU acceleration.
Even with current Proof of Space/PoS which use storage drive, it only cause quick shortage since PoS miner realize they need SSD with very good quality/durability. So i expect if coin which use algorithm which stress the RAM become popular, people would buy high-end or pricey RAM which won't lead to shortage among average computer user.
Yes most of the laptops nowadays use integrated Graphic Units. And a Powerful CPU like Ryzen APU can run some of Triple-A games. In my opinion PoS is not yet very popular like GPU mining and I think Disk is cheap to make per Gb rather than RAM. But the RAM is different "RAM Is Expensive To Make Extremely complex equipment is required to fabricate the chips and, because impurities in or on the silicon can cause defects" - https://www.makeuseof.com/tag/how-is-ram-made-and-why-does-the-price-fluctuate/and manufactured need a couple of years to make a better efficient RAM ex. DDR3 2007 DDR4 2014 so when there is mining proof of space with RAM it made shortage on consumer or enterprise level just IMO |
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A simple answer based on my opinion the financial system or the live itself will be Doomed if we cant control or don't act about the climate change. Although there is an old article who IMF created back in 2019 about this "Climate change will affect monetary policy, too, by slowing productivity growth (for example, through damage to health and infrastructure) and heightening uncertainty and inflation volatility. This can justify the adaptation of monetary policy to the new challenges, within the limits of central bank mandates." - https://www.imf.org/en/Publications/fandd/issues/2019/12/climate-change-central-banks-and-financial-risk-grippa |
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I think the reason why many struggle with finance is because they are burdened with debt at a young age and think it’s normal to always have debt.
Look how easy it is to get a credit card these days. After a few months of using a credit card they want to offer you a higher limit, just so they can make more money off you. And that’s how the cycle starts. Later it’s another credit card and maybe a car loan or Line of credit and you are pretty much trapped.
Well I do 1000% Agree with you, these days is heaven for a Lender. In my country alone you can get credit just install some app register and boom you got the money. Buy and Paylater become a habit even myself know the feel of this.
The best thing is to get rid of anything like this and start saving or at least do an investment and keep learn how the financial system work what the Poker Player says is true try the seven things above and maybe you will find the puzzle is not that complicated |
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Simple Answer based on my opinion Does People Really Care About Decentralization?
Some care some doesn't care. But the point is we need a balance between centralization and Decentralization, not all gonna work or at least gonna run well with the Centralization system and Vice Versa. We need both centralization and decentralization in some way.
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I have Russian engineer friend currently living in Moscow. He is NOT pro-Putin or pro-war. I generally asked about how things are going there. He told me there are no visible issues with everyday life. People go to work and spend, just like before war. But he said that electronics are getting bit more uncommon, prices raised etc. He said that even if economy is damaged, a lot, I mean in long range, Putin's approval rate increased (he said he disliked it and voted different party etc). He said he feels like Putin will keep winning as economical effects are under control, for now at least.
Yes I watched a couple of Youtube channels that discussed before and after war. Most of the Russia YouTubers says it is just like normal life the price is normal although some brand is missing from the country and some if just Re-Brand their name. and you true about electronics the price is getting expensive like heater or etc. 1 Year ago I watched another youtube video that talk about "Putin is smart, our leaders are dumb": Trump blasts US response to Ukraine crisis - https://www.youtube.com/watch?v=aLJvCuWuRXk |
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What do you mean stop at the moment and enjoy the profit? Do you mean to sell and take profit? If I sell now, am I certain that I will be able to buy back at a lower price? No. I might end up buying back at $32,000 or $33,000. I continue to hodl.
People have a different minds, I bought Bitcoin at 15K to 17K Level so taking profit a little bit is nothing wrong at all. Although to accumulate more is perfectly fine. The real thing is "Know how to take profit, Know how to stop Loss" Emotion including greed is bad for us all. yes finally Bitcoin can reach $ 30k again and if this price can stay above $ 30k then there is a possibility to continue the bullish trend until maybe $ 35k or even $ 40k,
but we also have to prepare a strategy if the market is really unfriendly, don't be too greedy and buy gradually if the Bitcoin price corrects again.
Indeed take a profit a little when you think is enough and of course the bitcoin price will see correction In Fact today bitcoin at 29K level again. I'm not too sure when ATH will form after the halving, but what is clear is that you need to own bitcoin before the halving to get decent returns after. ATH could be hit after 6-12 months after the halving, that's very dicey in my opinion.
Yes you very true it happen after 6-12 Month after halving if we look at the past. The one thing is sure is accumulate more. |
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Bitcoin miners aren't cheap either. That literally doesn't matter, since all miners have to deal with it. If it's cheaper, they buy more.
Yes but Bitcoin miner is isolated like to crypto miners only. If Proof of Space is really made a different chain and explodes it will be more like GPU or at least it will be much worse than GPU since RAM is essential to a computer. It needs RAM to work, and GPU on other hand computer can work without GPU. But the real question is whether we can make a chain based on Proof of Space and replace the great traditional mining ex. Bitcoin Mining |
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