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21  Bitcoin / Bitcoin Discussion / Re: In what currency other than the USD you know the price of Bitcoin by heart? on: April 13, 2024, 12:50:36 AM
So if obviously everyone is still even around here pricing everything in USD, at least in private, do you know the price of one BTC in any other currency than the USD and your own?
And when I say you know, I mean by heart, not making the exchange math in your mind, one BTC is 70k , 1 Euro is 1.1 USD so then, or something like this!
I never look at the BTC price chart alongside currencies other than USD. If I do, it's usually USDT, but since 1 USDT is approximately equal to 1 USD, the BTC price is ultimately often calculated in USD because USD is the most widely used currency in the world. Traders also often analyze the market based on BTCUSD even though they are using many different local currencies. This also shows that the crypto market is actually helping to promote USD on a global scale.

Sometimes, I also like to refer to BTC/XAU, which means the BTC price in Gold. The price chart is quite interesting but I think it is not really valuable for technical analysis and investment.
22  Alternate cryptocurrencies / Altcoin Discussion / Re: Are the good days for meme coins gone forever ? on: April 13, 2024, 12:31:51 AM
Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?
If there is one memecoin that will last in the future, I can only think of Dogecoin. DOGE has been around since 2013 and is still going strong, attracting investor attention and money flow, being quite widely accepted, and becoming increasingly popular. Dogecoin also uses POW technology like BTC and can be fully used for payment purposes.

Other memecoins that came out later but soon lost their prominence. Shiba Inu has been forced to shift its development to DeFi and Layer-2 to continue to exist in the long term when it cannot compete with Dogecoin in the memecoin-verse!
23  Bitcoin / Bitcoin Discussion / Re: Hodling or selling? on: April 13, 2024, 12:15:49 AM
For this it is better that things are clear, at this time it is not good to be Able to sell bitcoin, there is a clear Temptation to do so if you need some money, but to think that bticoin goes beyond $100k is something uqe If it is sold right now, it is unacceptable, I believe things like that, of course there is a lot of respect for what Others think , but I fully trust that bitcoin will reach more than $100k this year or the Next and that will give a lot of profits if it stays there hodl mode , those who sell out of necessity is something else, I understand them, but the more you can buy and Hold, the better.
Selling BTC before the halving is not a wise decision at this time. While investors may be able to maximize their holdings and gain an additional 20-30% BTC by repurchasing at a lower price, this strategy carries the risk of missing out on opportunities if BTC does not undergo a significant correction. I have been DCA for about a year and have no intention of selling any satoshi. I am confident that BTC will soon reach at least 150K USD during the uptrend, at which point I will consider selling a portion or all of my BTC.

Many have missed the opportunity to buy BTC in the accumulation zone below 20K USD or below 50K USD. If you have already purchased BTC at these very good prices, hold and show diamond hands!
24  Alternate cryptocurrencies / Altcoin Discussion / Re: Blockchain 3.0, Next gen crypto talk on: April 12, 2024, 11:56:24 PM
Deloitte blockchain adopts QEDIT zero-knowledge proof privacy tech
October 29, 2019by Miranda Wood
https://www.ledgerinsights.com/deloitte-blockchain-zero-knowledge-proof-privacy/

Today, technology provider QEDIT announced that it has integrated its privacy solution with Deloitte’s blockchain.
...
It's been quite a while since we've heard about blockchain 3.0, a concept that was once popular in 2017-2018 as many new blockchains aimed to dethrone Ethereum, the blockchain 2.0 pioneer. Among the projects from that era, only Cardano has continued to exist and develop strongly, while other prominent projects like Neo, Eos, and Tezos have been deemed failures as they failed to reach new ATH during the 2021 uptrend, which is truly unfortunate.

Currently, the market is saturated with powerful blockchains: BNB, Solana, Near, Fantom, Sui, Sei... However, there are no longer any projects claiming to be "Ethereum's Killer," but instead are positioning themselves as "Ethereum's Supporter" Smiley I believe that we will remain in the realm of Blockchain 2.0 for the foreseeable future, and it will take significant time and innovative solutions to transition to Blockchain 3.0, the potential of which I cannot yet fully comprehend.
25  Bitcoin / Bitcoin Discussion / Re: Craig Wright Satoshi Claim Case Update on: April 12, 2024, 11:34:11 PM
They're just trying to screw him even harder so the stain that's on his name sticks even more and would linger more than it should, they need to implicate that he did lie about a lot of his claims that he's the person behind the legendary user Satoshi Nakamoto, definitely not a bad idea if you ask me for the court and COPA to do that, that way, there's no way that they can make mistakes that Craig and his team might exploit to make the case against him a bit weaker thus having more chances of lighter sentencing. It's a good thing that this fiasco with Craig is almost over, I'm getting tired seeing this as headlines on crypto news, it's not a fun story to read and it topples over those that really need some attention, I hope that he does change as a person after this is all over, lying really won't get you so far, it's difficult to keep it up and once you're busted, it's difficult to get out of it.
I don't like CW and I never believed he was Satoshi, but I also don't want him to continue being attacked. We have the results, CW is just Faketoshi, that's enough for the market. The best way to punish a fame seeker is to make him forgotten in the history of the crypto market, not to keep mentioning him to give him more media exposure. I don't even want to write his full name!

I've also removed BSV from my watchlist, it should rest in peace with CW's notoriety.
26  Bitcoin / Bitcoin Discussion / Re: Has BTC really become more attractive than gold? on: April 12, 2024, 12:41:29 AM
Both of them are useful in a certain situation but the good thing about Gold, the price never drops like Bitcoin. This makes people become certain that investing in Gold is a better option than Bitcoin. But those who love to take risks will choose Bitcoin as well as they believe that despite the high risk, it gives them more profit.

If we think which of the two will seemingly stay long and for several decades, we can assure that Gold remains while Bitcoin is uncertain.
But of course, it depends on our preference and risk appetite. But for me, I'd choose them both because they are both profitable.
Looking back, we have seen Gold prices decrease in 1980-2000 and 2011-2015. This is completely normal because Gold prices had increased very strongly before that. The same thing happens with BTC: after each strong uptrend of +1000-2000%, BTC price often has a downtrend of -70-80%, and I think this is a part of the market. We cannot have high profits without accepting sharp declines. It is the large volatility that can create large profits for investors who understand the cyclical nature of the market.

For professional investors, or at least those who think they are truly professional, investing in BTC at this time around the Halving is a quite wise decision because we will soon have a strong uptrend and high profits, something that Gold is unlikely to achieve because Gold marketcap is too large.
27  Bitcoin / Bitcoin Discussion / Re: How safe is saving screenshots of useful information and BTC transactions? on: April 12, 2024, 12:25:50 AM
* My question is, how safe is it to keep screenshots of Bitcoin/crypto transactions and useful information, on ones device?

* How do I go about letting my friend know about such a habit of taking and keeping screenshots on his device that I have observed and warn him about it, without looking like I sense bad days coming?
Our mobile apps and smartphones have already collected a lot of our data, so storing screenshots has no significant impact. When a bad guy gets a smartphone, they will want to steal personal information + private keys to get our assets. There is not much difference between saving screenshots or storing information in Notes.

If he only has screenshots of transactions, addresses and tx, then everything is fine. The only thing I worry about is if he takes a screenshot of the account private key or QR 2FA and syncs it to iCloud/Drive, he will face a big risk if his Apple/Google account is hacked and taken over.
28  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your strategy to win in this bull run? on: April 12, 2024, 12:10:03 AM
I think I have a very sound strategy that's good in any bull (or bear) market.  Cover your risk tolerance by cost average in on regular intervals.  Too many people try to time the market and either buy way too early or not soon enough.  You limit your downside risk by not going all in at a particular point when a drop can be incoming but you also catch any pump by not waiting for the right time to enter.  Simply put: Stack Sats
DCA is a long-term strategy for people with time and a stable income. It is not too complicated to implement, but the most important thing is to choose the right asset: it must be an asset that appreciates over time. If an investor chooses EOS or BCH, it will be difficult for them to make a profit even after DCA for 2 or 4 years.

I am also DCA BTC and have profits. However, I will soon allocate 50% of my capital to DCA altcoins after Halving because I believe that altseason will come soon and bring me more attractive profits. I will hold BTC until 150K USD and then sell all of my crypto after that when the market shows the first signs of a reversal. The 2021 season taught me a lot about the need to take profits. If I don't take profits, someone else will!
29  Bitcoin / Bitcoin Discussion / Re: Upon the death of a bitcoin user. on: April 11, 2024, 11:55:29 PM
No bank manager in any legitimate country or company will simply withdraw the funds  because someone passes away and they aren't claimed. There are procedures for this, and they will tend to simply be put in some sort of escrow account that will for a long while.  The lesson here is everyone should have a will established with clear and proper instruction dictating where all assets are to go and how to access them.
In the traditional market: if there is no will, the assets of the deceased are usually divided among the beneficiaries according to the law. Banks often cooperate and support when there are sufficient certificates from the family of the deceased.

In the crypto market: I think the same can be done if crypto is considered an asset in that country. The only problem is: we cannot access crypto assets without the private key of the deceased. This will continue to be a problem that we will need to solve in the future after having a legal framework for crypto. Crypto asset management and private key management services can be created to serve the purpose of inheritance.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you ever be able to buy stocks in Web3 ? on: April 11, 2024, 11:41:35 PM
Although one can still buy stocks on web3 right now but it's rare to see a platform that offers such services but they actually exist.

Perhaps those project which have been promising real life experience on web3 are majorly pump and dump projects that where seeking attention and since they know how interested people in the stock market that lead to the approach of using web3 stock buying as the key marketing strategy.
I also have such experiences of buying some fucked up projects that will die off on your hands while waiting for the price of project to go up or for the project to fulfill it's promises.
Securities in Web3? Is this the future of tokenization and RWA that we are being advertised?

This is part of what we used to mention in the past, when tokenization could increase the liquidity of the stock market: everyone can easily buy, own and profit from bonds and stocks without being limited by geography or nationality. Then the world will be flatter, but I believe that governments are not well prepared for this, when we have many sanctions in the world.

This idea is really good but it is very difficult to apply. Currently, companies are only tokenizing assets and transferring them privately to each other instead of listing them on an open market. I am not qualified to predict the potential of this tokenization trend, we can only continue to follow its development in the future.
31  Bitcoin / Bitcoin Discussion / Re: Has BTC really become more attractive than gold? on: April 11, 2024, 01:39:43 AM
IMO main thing Bitcoin can't offer offer over gold:

Value in doomsday situation - no power/internet.

My other main concern:

Bitcoin isn't fungible (interchangeable units) either - some is coinjoined (tainted), some is not.

Monero is fungible & will soon undergo massive privacy upgrade - with extremely large anon set.

Gold units aren't all the same either unless they're melted down & are the same purity. This is better than Bitcoin because it doesn't leave a trace of transaction history.

Personally I think it's wise to own bitcoin, monero, gold & silver. Which ever way the world goes, you're covered.
Every asset has its own advantages and disadvantages, BTC is the same, and it is not the best investment or accumulation asset in the world, we can only say that it is very attractive because of the strong price increase and the best decentralization.

Gold can be very good, but in war, we see that people also tend to buy BTC for easy accumulation and movement inside a hard wallet or piece of paper instead of having to take a bigger risk when carrying gold. At the same time, if the apocalypse comes, we will worry more about our fate than care about BTC or other assets. I myself think that I don't need to think about this yet, I'm just focusing on investing in BTC.
32  Bitcoin / Bitcoin Discussion / Re: Profiting from BTC: just luck? on: April 11, 2024, 01:19:56 AM
Bitcoin income will not only support your luck, you will not be lucky, you must have your brain in your head, you must have practice.  If your uncle or your love doesn't work or if you don't act accordingly you can never succeed.  Like it's how you can never tell who you're with like the tide depends on luck in that case the stock market ruben depends on how far the stock market will go than bitcoin.  There are a lot of installs who are holding on to bitcoin for a long time for those who have been holding bitcoin for more and more bitcoin is going up if they start selling bitcoin then bitcoin will go down again.  So sometimes Bitcoin or your fortune sometimes depends on it.
I also think that right now, to invest and profit from BTC, luck is also important, but perhaps luck alone is not enough. Current investors may have to accept lower profits when holding for the long term, for example 10-20 years to see BTC go from 70K USD to 1M USD, or they need to learn about the market and make more decisions, buy and sell in cycles to optimize profits. Clearly, the first choice requires strong faith, while the second choice requires knowledge and experience with the crypto market, things that don't come out of thin air but have to be traded for with time and giant effort.

Interestingly, when I asked many traders, they all said that luck is also necessary, it helps investors to stop loss less, get more profit and have a better mentality throughout the investment journey. So, I don't turn down luck when it comes to my invetment Smiley
33  Bitcoin / Bitcoin Discussion / Re: What Will Happen If the Mt. Gox Stolen Funds Start to Move on: April 11, 2024, 01:00:22 AM
Stolen coins has nothing do with miners who include the transactions to the block, they're own the address and they didn't have any access to the address. The transactions will be included to the block and confirmed ASAP especially they willing to pay high fees.

That address own around 80K Bitcoin or worth of $5.6 Biliion, it's 1/6 of Bitcoin 24 hours volume, so it could affect 16% of Bitcoin price.
I don't think we can simply calculate BTC volatility like that. BTC trading volume does not only come from real trading demand, it can come from trading bots and is just a reference number. A buying force of about 10B USD from spot BTC ETFs has been able to make BTC price increase 70% from 40K USD to 70K USD, similarly, a selling force of over 5B USD at this time can make BTC price decrease more than 30% or 50%, regardless of the liquidity of about 30B-40B USD per day.

I myself am not too worried about the 5B USD worth of BTC from Mt. Gox, I am worried about the time when it can be sold. In bad times, this selling pressure can trigger a sell-off wave from other investors and quickly bring the market into a crypto winter.

Fortunately, over the years, we have talked about this a lot, but the victims of Mt. Gox have not yet received their BTC. Even when they receive BTC, they may continue to hold it instead of selling off all of it to make a profit after years of being forced to hold BTC through Mt. Gox. So, for now, we can rest assured and focus on the uptrend!
34  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple's Stablecoin: The future US CBDC? on: April 11, 2024, 12:38:48 AM
Ripple, Inc. recently proposed the creation of a USD-backed stablecoin. It aims to compete with already-established players (mainly USDT and USDC) on the market. For years, the XRP Ledger was believed to become SWIFT's replacement in the future. It hasn't materialized yet, but XRP is already used by many banks worldwide. It enables interbank payments at a fraction of the cost. Settlement times are near-instantaneous.

Now if Ripple succeeds with its stablecoin project, would it become the US' official "Digital Dollar"? For what I know, Ripple, Inc. is an American-based company headquartered in . The FED might work hand-in-hand with the company to radically transform the USD as we know it. Do you think this is possible? If not, why? What if it becomes a reality? Will such a move strengthen the USD's position as the world's reserve currency?

Your input would be greatly appreciated. Thanks. Smiley
I don't think Ripple's stablecoin will become the US CBDC because Ripple is not the FED. CBDC is money issued and managed by the central bank, not by private organizations like Ripple or Tether, so we can rest assured that Ripple will not create CBDC for adoption in the near future. Ripple's stablecoin will likely compete with USDT and USDC, although I'm not sure about this, we don't have much information to make a judgment.

However, I wouldn't be surprised if the future US CBDC is deployed on the Ripple network. Ripple's technology is really good, their partner network is very large and could become an environment for the FED to experiment or deploy CBDC. This is also just a possibility, the bigger and better possibility is that CBDC will be deployed on a public, decentralized and secure blockchain - Ethereum.
35  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin been inflitrated by global elite? on: April 10, 2024, 10:43:38 PM
Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Is Bitcoin really freedom money?
I used to worry about this too, when BTC was flowing into the accounts of whales in this market instead of becoming a means of payment or an asset for everyone. This could really affect the level of market manipulation in the future, when the majority of the circulating supply is already in the hands of the wealthy and allows them to pump/dump to create volatility and maximize profits. I don't like this at all, I don't want to be just a small fish in the waves created by whales.

However, BTC belongs to everyone, meaning everyone has the right to buy, own and use BTC, including large organizations with billions of dollars in assets. We cannot prevent them from doing so, just as they cannot prevent us from buying or moving BTC. I think this is part of a free market and it is up to us, including small investors and whales, to shape the future of BTC together.

Right now, I don't know what the future of BTC will be, maybe it will become a global reserve asset, or just a financial instrument similar to stocks in the hands of whales.
36  Bitcoin / Bitcoin Discussion / Re: Multi-stage positive impact from spot BTC ETFs on BTC on: April 10, 2024, 01:20:48 AM
If you have 100 BTC, want to take profit, you will not sell 100 BTC in one order, at only one price for your order.

Bitcoin market gives you enough time to take profit and enough trading volume to do it, gradually and you don't have to worry about wasting chance to take profit then hurry too much with one order to take profit.

Selling your 100 BTC by different orders and different times, even days, are not bad plan for taking profit. Whales know it too and if they dump massive bitcoins, it is not only to take profit, but to dump the market, for their manipulation to get market crash and cheap price for accumulation more bitcoins.
I understand this, but liquidity on CEXs is not always good, and large sell pressure in the short or long term can cause prices to fall and negatively impact profits, so OTC is a great option for many sellers. Anyway, when sellers have sold 100 BTC on OTC, they no longer have 100 BTC to continue selling on CEXs, which means that the sell pressure on CEXs decreases, helping to support the BTC price better.

I think this is one way we can explain the positive impact of spot BTC ETFs on BTC price over the past 3 months, even though ETF providers are still only buying BTC on OTC rather than CEXs.
37  Bitcoin / Bitcoin Discussion / Re: Profiting from BTC: just luck? on: April 10, 2024, 12:58:26 AM
I think the success of BTC holders involves a mix of luck, timing, and strategy. Yes, I hold BTC because I believe in its long-term potential as a digital currency and its role in diversifying investments. My strategy is to hold onto it as a long-term investment, watching how it evolves and impacts the financial landscape. The decision of when to sell will depend on how it aligns with my financial goals and the market's dynamics.
Good point of view: investors can take the initiative in timing + strategy with their own understanding and experience, but luck is still an important part to ensure that their analysis and judgment is accurate with what is happening in the market. Hold is a rational action and investors often need a strong enough reason for technical analysis and confidence to hold to target. I am quite curious about the price target you think BTC can reach this season, or the price at which you will sell BTC to take profit.
38  Bitcoin / Bitcoin Discussion / Re: Has BTC really become more attractive than gold? on: April 10, 2024, 12:33:39 AM
Choosing gold or bitcoin depends on the amount of capital you have and your risk tolerance. If you are a person with a lot of money and wealth, choosing assets with high safety is obvious even though the profits will be lower. But if you only have a modest amount of capital and want to get rich quickly and to catch up with society's wealth, you will choose bitcoin. Bitcoin seems to be the only way to help you realize your dream of getting rich. That's why rich people will still choose gold, while young people who are starting a business are willing to accept risks to achieve their dreams faster. Gold or bitcoin, which asset will be more attractive, it only depends on you.
We can call it an investment appetite, which is related to the return and risk of each asset class. It is possible that the rich are more cautious because they have to manage large assets, while the poor are willing to take the opportunity with BTC because they do not have much to lose. In particular, investment funds can only allocate a portion of their assets to BTC because they prioritize safety over returns for their clients.

However, this may only be temporary. I think with the increasingly widespread acceptance of BTC in the financial market, the number of investors and the amount of money allocated to BTC will gradually increase, pushing the wave of investment in BTC and even the rich will not want to miss the opportunity to earn huge profits with BTC. Young people love BTC more than Gold, they will soon inherit their parents' assets, they will make BTC an important part of their investment portfolio, regardless of the size of that asset.
39  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the best asset for investment currently? on: April 10, 2024, 12:14:04 AM
Some users and countries may think Bitcoin is an investment asset, but not all users and countries think the same thing, Bitcoin tends to be clarified as a trading asset or as a digital asset in digital payment methods, for example as is currently being done by the country of El Salvador.

The reason is based on the fact that Bitcoin tends to work more with a network system (peer to peer). Many people think that investment tends to be long-term, while trading tends to be more peer-to-peer, where while you are connected to a computer/laptop and the internet you are still safe to trade, as well as digital payment system methods.

Investment tends to focus on the long term, you wait too long for your investment to grow, unless it's like what's happening now with the halving, once every four years your investment will certainly be useful, However, not some investors think of Bitcoin as a digital asset that is traded short-term.
Different conditions will make users accept BTC for different purposes: payment, storage, investment, trading... Each person will find a value of BTC that suits their needs, but all those values exist based on the independent, decentralized and limited supply characteristics of BTC. Everyone can own and move BTC, that BTC will never be frozen by any government, and it is not easy to create more BTC in each block.

Of course, some people don't care about these values. BTC is just a financial instrument that they can access to generate profits through short-term trading or long-term holding. The BTC market is free, users and investors themselves create new values for BTC, such as assets for spot BTC ETFs Smiley
40  Alternate cryptocurrencies / Altcoin Discussion / Re: (Bullish) Solana introduces the promise of solving congestion with v1.18 on: April 09, 2024, 11:53:30 PM
What really caused the congestion of the Solana network because they said that it was the ordinals that entered bitcoin network to caused the network congestion there what about the Solana and Ethereum? Well if this v1.18 version can remove the congestion rate in the Solana network then they have to do it fast so that people can use the project to invest well. Because people are looking for a project that is increasing in value and it is not congested. From the objectives of the v1.18 version, it is good to upgrade. Let's see how it will come out.

Everyone needs a project that has a less transaction fee and it is not congested.
Will users have to get used to the lack of outages on Solana? I used to think outages were a feature on Solana for users to take a break while the ecosystem continued to develop Smiley

Despite the network's problems, the SOL token price has continued to rise strongly over the past few months, but I really hope that the Solana devteam can improve the network's stability and make Solana safe from any challenges in the future. Technological advancements can be the driving force for SOL price to create new ATHs and return to the marketcap race with BNB. In addition, this is also a necessary condition for the return of DeFi + GameFi + NFT trends on Solana!
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