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Can the government shutdown or ban it? Nope they can't. To ban bitcoin they will have to ban everyone in their country. Like literally every people. Because all people together make the decentralized network. It would have been easier for the government to ban bitcoin if it was a centralized coin. All they had to do was to ban the central authority that would have controlled the network. But yeah, the government can indirectly ban the usage of crypto currencies or bitcoin through imposing very strict policies.
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It's not "another" meme coin. It's "another" shit coin. Yeah, you can invest over here, but expect to get scammed or lose whatever you have invested. Only few people maybe able to make profit off it. The developers are just taking advantage of the current events. Get greedy and lose everything. Trust me, we will see more of this shit coins soon. Coins like this makes the whole crypto market look like a joke. I would recommend not to invest here. All you would be doing is encourage more developers to make shit coins.
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There is many More better blockchains with much better use Cases and utility.
ETH is one of biggest.
Btc is still alive only reason for that is some very powerful and influenceal people want btc to be alive there is no use Case no utility other then speculation even to Move dark money btc is not good even to make Transactions between companies not good.
So I guess btc is alive only that some big important rich person Can speculate and dump btc on poor suckers.
So to Say to take money from people and scam them.
Why should it die? I am sure if bitcoin dies, other altcoins will face the same consequences. You are comparing bitcoin with ethereum. They both are two different coins with two different use cases. You can't compare them. Why do you have such hate for bitcoin by the way? Did you lose a lot or something? It happens  . You told you that you can't transact between companies using bitcoin? Are you talking about the high fees? Have you seen the fee for ETH transactions? It is even more absurd than that of bitcoin. |
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It looks like the interest peaked during late May. This was totally expected. People thought that everything would end soon. But it didn't. Hence, after few months, people were looking for some sort of new entertainment that they can enjoy. Physical casinos were closed. No one knew when it was going to reopen. So gamblers decided to gamble online. I guess more people started to like gambling from their own home at comfort. Others didn't like it. I have heard some people don't trust online casino. It makes them paranoid. They think its rigged and hence feel uncomfortable playing online.
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Which exchange are you talking about? Read their Terms of Service. They probably stated somewhere that they don't allow you to transfer funds to a casino or add funds where the source of origin is from a casino (but I wonder how do they know...). Hence, they denied your withdrawal request. Since you were able to withdraw it back to a different wallet, you are good right?
Make sure next time if you are withdrawing, withdraw it to a wallet that you control. Don't send it directly to a casino. Or else you will have to deal with two people when facing any problems.
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Why do you need a companion? You have this whole forum haha. There are different boards and threads that you can engage and make discussion. Head over to the trading section. You might find someone. Just be careful. Scammers lurk everywhere. They are very desperate and find every opportunity to scam people. Wouldn't be surprised if few people already PMed you saying that they want to be your companion. They will try gaining your trust and then scam you.
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Iran bans Bitcoin a few days after China did. This is coming after what seemed like an aftereffect of the Chinese action that saw Bitcoin dip severely (it still hasn't recovered from it).
I'm wondering if there are going to be any side effects or consequences for the Bitcoin community with the action taken by the Iranian government or is it just another case of "the snail shouldn't talk where animals with horns are asked for opinions"? Iran isn't such a big name in the crypto space, by the way.
According to report, the ban is a temporary one which will last only four months to enable the country correct its power blackout.
Do you think this ban from Iran is another FUD?
I doubt it's going to affect the market much. Even if it does, its going to be temporary. And like others said, they didn't ban bitcoin, they just banned mining to recover from power shortage which makes enough sense. It's even a temporary ban. So nothing big. No FUDs are being spread. But a thread title like yours spreads FUD. Change it to "Iran temporarily bans bitcoin mining", and you are good to go. |
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When a crisis arrives, central banks usually say that they will do whatever it takes to solve it, which usually means ridiculous amounts of money being printed a large amount of debt being bought. The traditional banking system "multiplies" the effect as a result of the fiduciary system (you can lend more than you have).
With the new digital central currencies such as yuan, euro, dollar,... anyone could potentially hold an account on a central bank skipping the intermediaries. I think that this will have a negative effect on the ability to cope with further crisis by monetary policies. The risk should not be ignored.
Not even sure what you are trying to say... Yuan, euro, dollars and other fiat currency were never a "digital currency". They were always fiat physical currencies. Digital wallets that you use like Paypal, they all are backed by fiat currency. If you are talking about centralized crypto currencies made by central bank, then how is it going to make monetary policy more difficult? In fact imposing them is going to be more easier for the government. They will have more control over the financial system and they citizens (which is what most of the people don't want). |
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It's so funny that everyone is blaming Musk. Why would you blame him if people follows him blindly and like a sheep? Did he tell anyone to invest in dogecoin? Nope. But people starts investing when he tweets anything about doge coin. It is more like everyone knows what's happening but they still do it. They do it to make some quick profit (read being greedy). But when they failed, they started to blame Musk. Maybe Musk is serious. Who knows... But if people follows him blindly, then they are no be blamed. Not musk.
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Lately, we haven't noticed many tweets from John McAfee about crypto. But seems he is waking up recently and making tweets about crypto. But didn't made tweets about predictions nor promote any specific coin. He retweeted his 3 years back video ( "The looming war on the horizon") where he talked and predict about governments and crypto war and he believes the war has begun. And seems he is supporting crypto in this war and saying- "Crypto is our last hope for financial independence". I am not a fan of John McAfee's predictions but seems his predictions about the governments and crypto war something potential. Once we see a potential move in Bitcoin price then the negative step came out from China government. Those who believe in decentralization then should agree with what said John McAfee about financial independence, crypto is the last hope. What do you think? Wait, wasn't this guy thrown into jail or something? Is he still trending? Wasn't he supposed to eat his own pecker live on national TV? He kept on making bullshit predictions and then keeps on backing out from his bets. We could have trusted him if he actually munched on his tool. Kinda feels like he was trying to gain attention or just create a random hype or something. Would trust anything that comes out of his mouth. |
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If you are talking about making instant profit when Musk tweets about bitcoin, then yeah you can take advantage of it. But its easier said than done. By the time you read the tweet, you will already see the pump happening. You maybe too late. Too risky, but if you can enter early and exit at the proper time, you will like make some good profit. Also, every newbie who comes along because of Elon has a chance to evolve into a lifelong holder. In the short term, it can be annoying but in the long term, it'll strengthen bitcoin.
What are your thoughts?
True. He might create some volatility, but at least more people are entering the market and knowing how crypto currencies work. As more people enter, the stronger the market will be. The more the people learn, the less the market can be manipulated. |
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A decade ago, there was nothing known as bitcoin. But people were still able to live without it, right? As of today, I guess less than 50% of the people in the world owns bitcoin. The rest 50% are still surviving right? But, it looks like you are talking about bitcoin existing in the crypto market. If bitcoin never existed, I doubt any other altcoins we have today would exist. Again, if bitcoin dies, I am sure other altcoins will die too. People will lose confidence in the crypto market. Just look at what had happen when Tesla stopped accepting bitcoin.
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The negative sentiment surrounding the crypto market seems to be continuing, especially with China still spreading FUD around the market. However, it seems that at the moment, there are some signs that could be the reason that a potential recovery may occur in the near future. Although currently the majority of investors still have negative perceptions, there is some data that can prove that Bitcoin is beginning to recover. It should be noted that no one knows the end of this correction, but some of this data can aid to see the end of the correction. 1. Fear & Greed IndexThe Fear & Greed Index data shows data that hasn’t been seen since April 2020, when the crypto market underwent a deep correction. -snip- 2. Stock to Flow Model-snip- 3. The Number of Stablecoins on the Exchange Increases-snip- Source: https://medium.com/snapbots-news/snapbots-news-review-good-sign-for-the-crypto-market-bitcoin-starting-to-recover-a5a143c944821. Yeah, the fear and greed index is a perfect indication of what might happen to the market soon. As the the price starts to increase, greed increases. More people may want to take profit. People starts to fear more and thus ends up dumping their coins. When price drop, fear drops and more people wants to invest to take full advantage of making profit. 2. First time I am hearing about this. How does this work? How did they predict the lowest is going to be $30,000? 3. How does this exactly indicates that the price is going to recover? Through exchange pairs? |
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we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
Sure, if you hold shit coins for 5 years, you will lose everything. Why don't you look at those well developed coins. Those that were at the top few years ago are still at the top and those that kept holding it made a huge profit. Every second of holding was totally worth it for them. Shit coins gets pumped. Reaches the top based on the value and then gets dumped, eventually dying. If you hold coins like Bitcoin or Ethereum, you won't be facing such risk. |
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I have heard about this months ago and did recently read that they are now offering crypto services. As far as I know, they are just offering it to wealthy clients. Not all. Just some selected clients through invitation. Probably doing a risky experiment. The bank will handle everything and will do "strategic" investment. So I am guessing they will be buying it on behalf of their clients and hold it. Wouldn't be surprised to hear that they make their clients sign papers stating they might lose everything. Sad those "wealthy" clients need a banks help.
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Like others said, try the top ten coins from coinmarketcap. Though shit coins get pumped sometimes and ends up being in the top ten. Make sure you know what you are investing in (do your own research).
If I were you, I would invest most of my money in ethereum (besides bitcoin). Most people say its very undervalued and it does look so. With new upgrades coming, the price might skyrocket. If you are willing to gamble, then try XRP. It's a shitty centralized coin, but based on what ripple is going through, you can make some quick profit (if they win the lawsuit, or you are going to end up losing everything).
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The current dump is because of FUDs. What's funny is that most of the people are blaming only Musk for it. Lol. Why blame him? Tesla hasn't sold the rest of the bitcoin they are holding. Blame those that are dumping theirs coins. Blame people that are spreading rumors and causing people to panic sell. We are hearing rumors about more strict regulation and policies that are about to be imposed (likely true). And then there is China (confused as usual) threatening to ban mining and trading.
Microstrategy is just taking advantage of everything. They know eventually it will stop and the market will recover.
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Fed need to give out asap More stimulus.
If Not bear market is coming
Lol, you are a funny guy. You think feds fucking care what's going to happen to the crypto currency market? And do you really think feds wants us to spend those stimulus check by investing it in cryptos? Stimulus checks are given so that people spend money on the real market to boost the economy. Investing in crypto market won't boost the economy. So Here what the New York bankers together with fed and also biden should do.
Wait little crash btc support to 30k Not lower then give out Other stimulus.
Also give out money to companies to invest in crypto.
So traders Will Stay on the game the bear market is Not Good for Healthy market Economy.
I Hope the fed Will act Fast and Help the Bitcoin Up Again.
Haha, you are so delusional. You want the feds to wait for the btc to crash to $30k before giving out stim check? Lol. |
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I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn
I lost a lot of money on crypto more than 8000$
Is it recoverble this year?
Did you sell any of your coins? If you haven't, then why are you worried? You haven't made any loss. You are still holding the same amount of coins. Why didn't you sell it when the price was high? You were holding right? Because you had higher profit goals set, right? Then keep holding. Forget about it. No one knows if its going to recover this year or not. It might recover next month, or maybe after several years. Just keep holding and zone out. And you didn't lose anything. You said you broke even. |
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A sextortion victim received a mail to pay $1000 in bitcoin within 48h to address 1GYNGZLEUGkkQjHo19dHDnGE87WsAiGLLB otherwise, a captured intimate video of the victim is sent to all his email contacts. Can the extortionist be tracked down with only knowledge of the Bitcoin address? In this case the wanted person doesn't seem to be the brightest candle on the cake.
A free short analysis with our "Bitcoin privacy check" tool already shows the connection to a Binance client:. For less than $100 a report is available from forensicsone showing that the address sent funds to a binance deposit address.
But the amazing thing is that despite the naive approach, the extortionist was able to collect many millions of $ (more than 4,000 BTC) from thousands of people, even though Binance already demands KYC at 2 BTC and there were hundreds of criminal complaints at the police.
I conclude that our police simply do not have enough experts to follow up on something like this.
You have to be really stupid to fall for those sextortion scams. Lol funny how people get scared and pay up because they did jerk off to some weird shit hahaha. If only they tried googling a little. And I don't think the scammers would be using some centralized exchange to cash out those funds. But the amazing thing is that despite the naive approach, the extortionist was able to collect many millions of $ (more than 4,000 BTC) from thousands of people, even though Binance already demands KYC at 2 BTC and there were hundreds of criminal complaints at the police.
I conclude that our police simply do not have enough experts to follow up on something like this.
They can make multiple account and withdraw less than 2 BTC from each account. Simple. And the police do have experts, they just don't fucking care. |
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