I wouldn't say cornerstone of the world, but they are definitely a strong nation. Imagine a nation so powerful and scary at the same time that a whole organization called NATO was built to defend all together against just one nation. Obviously at that time it was against USSR and not Russia, and USSR had a few other nations involved, whereas Russia doesn't but that eventually became not a problem because they were basically helping them, and instead they did not which allowed them to spend money back to themselves.

Russia is very vey rich when it comes to energy sources, gas and oil mainly, and that does allow them to be rich but definitely not cornerstone of the world.

Uhm, why are you acting like you are surprised about this? This news is not new any longer, it has been said over and over again in this forum and also on social media like Twitter. Most people are already aware that this situation is going on. Even Brian Armstrong warned the cryptocurrency community that if they don’t want to face the tough level of regulation that is coming this time around, which is going to kill off the privacy of Bitcoin, then they should all switch to decentralized or non custodial wallets.

As long as you continue to make use of centralized exchanges and wallets, then you are ready for this. If everyone are going to switch to making use of decentralized platforms, or peer to peer, then it would be very difficult for the government to achieve this, they would be left with no power.

By the looks of it, they actually could pull something like this off. I mean china do needs energy I am sure, maybe not as much as Europe, but who would say no to more energy? And Russia needs money and who else has money like china? Which means that they possibly could. Look at the situation, Russia is sanctioned off from most of the rich nations in the world, sure there are some richer compared to low end, but the USA? the UK? France? Germany?

I mean these are HUGE nations and Russia just got sanctions off from them. Not to even consider all the assets that got frozen as well. What's the result? Russian economy had a small hiccup and then got back to where it was.

It is not even about finding out the whale, it is about following it and knowing what that person is doing.
I could just check the address of that person and know their moves. I had a friend who basically made a lot of money with this, he followed all the big moves of a token, and he bought and sold based on their movements and he turned 4 of a token into 32 of that same token (turned around 400 dollars to 3.2k dollars) just from that.

So, it is not really about knowing "who" they are, but more about what they will do. I personally can't do that because I am not as smart as that, but if people followed the money, they could do a lot better results when trading.

That was back to back though, that is the problem. You think that they are not relevant at all, but I think that we first need to see bitcoin price increase to the top level, when it can't go up anymore then the bitcoin price will go down a bit while altcoin prices will go up. This means that we can't have altcoins going up out of nowhere while bitcoin stays still. We had NEVER seen something like that before.

Anytime altcoins go up or down, then bitcoin is doing something as well, it could be going up or down but bitcoin is moving as well. In history of crypto, we never had bitcoin be in the range of 5% up or down, while altcoins do 50%+ moves all together (individual one or two coin doesn't count).

Regulation is one part of the deal, the interest in that nation is the second part. There won't be a decent regulation in any nation as long as there are not enough attention towards it. There are some nations that show extra love towards crypto like Philippines or El Salvador which are small, but the USA shows big interest to it as well whereas the UK doesn't show the same interest. Doesn't mean they do not care about it, it is just that the hype is not as high as some other nations.

This makes the regulations take longer because it is not an urgent thing. Politicians who see that they could earn some votes if they support crypto regulations will make a law quicker, if there are not enough interest then there are not enough votes to get and that is why it is quite impossible to get politicians to act quicker.

I do not understand why people think that this is an extra situation. I mean yes I do agree that this year was the highest inflation recorded in the past 20 or so years in many nations. However, we had it before, we had higher than this inflation in the world before and also we had lower but still stable inflation for many years that comes down to this situation as well.

This means that we have been living with inflation since we were born, why the shock now? Just because it was higher than normal? I mean if it was lower, like let's say 3%, then we would all be fine? No, we would be losing money by 3% instead of 7% or 10%. It wasn't fine then, it is not now. Focus on crypto because at the very least we will be doing better here.

This has happened to me many many times before unfortunately. It's life, and I get it, we all have some needs. This is why super rich people with millions of dollars can do better investments then we can because they never need "urgent money" for small stuff like we do.

I was lucky during 2017 because I had to sell my coins at near top levels so that I could pay the debt I had for over 3 years, it allowed me to earn a lot easier and have no debt. It was a decision that I made, I could have just kept my coins and kept on paying the debt but it worked out in the end since the price went down.

For the past 6 months or so I have been in big debt again, life has been hard, it is a family medical situation that I don't want to talk about, and I had to cash out 70%+ of my savings just to pay for the hospital and drug bills as well. In the end that person is not even still healthy and we are still paying, but at the very least we are not in debt because of it, which is the silver lining.

BUSD all the way. I hate centralization but stablecoins are usually better when centralized. DAI is great and all but doesn't give me what I really want. USDT is the biggest and it is everywhere but when you are dealing with Binance exchange and you save in BUSD form that is a much much better situation to be in. I do love the fact that crypto is at a place where it is not even remotely close to what it should be like.

There is a HUGE room to grow and Binance is at the top of the list, think about how much it could grow when crypto grows. This means that not only they are huge right now, but they will become gigantic, like a trillion dollar company worth gigantic and this is why I trust BUSD as well.

Many of these NFTS are illiquid, so if you are buying any NFT you have to be very careful. Non fungible token has been a huge trend this year and lots of investors are getting in, but most of them do not do a proper research before buying an NFT. You have to be careful so that you don’t end up with a JPEG that has no value and won’t be able to be sold in the future.

So, anything you are buying should be something that you believe has a really good value and there is the possibility of you selling it in the future if you want. With the way that I am seeing things right now, there is no doubt that many NFT’s in the market are going to fail. So, thread carefully on this ground.

Yes, NFTs that are worth considering should be the ones that has strong fundamentals. And there are many of them that are being released in the market every day, so people who are looking for NFTS to invest in has to be careful with these choices that they are making.

Unless you are just someone who see’s an art that they like on NFT and you just feel like you would like to buy it and keep, with no intention of reselling it in the future. But if you have plans of buying and selling the NFT later when thevalue might have increased also, then you have to be very careful with the choice you are making and make sure that the NFT you are selecting is something that you can resell.

When the USA and the UK and all the other super powers of the world, now along with Russia which looked at bitcoin as a bad thing only a year ago, but as a savior right now, accepts bitcoin as the reality of the world, what Vietnam doing right now is not just considering bitcoin, but realizing they can't stop it. It is not something you could simply ban and hope that everyone would follow your ban.

The whole world has "do not cross at a red light" but there are people who do, we have "do not kill" but people still do. Laws are broken everyday and usually to do something horrible, this would be breaking the law AND doing something good, it is very hard to put a law like that in any nation of the world. Vietnam knows this and has a hard time about it.

This could be seen as a bad thing. After all why would we want people like Mexican cartels to use crypto, right? But if you decide to find a way to block them from using crypto, then how long until we could block you from using as well? Either you are fully decentralized, or you are not at all.

This is why I believe that we should not be focusing our resources into finding a way for bad people to stop using crypto. ISIS uses crypto as well to launder their money, which is a terrible thing when you consider it but that is still a reality. Ignore the bad ways that cyrpto is used and just try to focus on the amazing great things that it helps get achieved like donations to Ukraine.

The ERC20 token demand is certainly the "main" reason why it keeps going up, or when the times comes it goes down. However, that doesn't mean that it is the only reason, of course exchanges and many other things causes it to go up or down as well, this is a multi-function coin and there are many ways that you could use it.

You could use it to pay for gas fee on your ERC20 tokens, you could use it to stake, you could use it to just buy and hold, you could trade it, you could buy NFT with it and many other things.

This means that there are many reasons but you are 100% right that the biggest reason is that people use ETH for paying gas fee, and during bull runs like we are having right now, the gas fee goes up; which means there are more transactions are happening on ethereum network for some reasons.

I do believe that volume will definitely keep going because of the increase, and not because of the hold off. I mean sure there could be some places that had some USDT and waiting for it to get better, but there were also some people who didn't expected it to go up, saw it go up, they were shocked and they just got caught in the hype of it all and got in.

This doesn't mean that they were wrong, or doesn't mean that they were the only ones, it just means that these type of increases can't be explained by just one thing, it needs to be multiple things all together. I have to say that the best thing we could do right now is to focus on getting better volume and liquidity and keep it that high for the betterment of the price.

This has been talked about in many developed nations, to prevent stuff that aristocracy doesn't want. If you feel like the politician you are rooting for, or the betterment of your nation depends on the people who would fail a puzzle, then you are thinking that you are smarter than certain people and you would be doing better (or at the very least, some other people will do better even if you fail).

This is basically aristocracy with extra layers. Even though the result "could" be better, because in the end people who are "smarter" by a tangible thing would be able to vote, we are also talking about not giving a voice to everyone, and that is never democracy.

You may not care about that, then it should be a fine idea for you. I believe a nation should be going worse, if it means people who voted that way wants it to get worse, we have seen it plenty of times, but that just means people are ruled like how they wanted to.

What about gold and other metals? They can also do what btc can do but the only difference is that bitcoin is digital and precious metals are physical but anyway it is not about between gold or other metals but it was about the btc and altcoins. No alts can replace btc because alts are not the same as btc, alts are alts and only alts can also replace an alt but I think it's also on the way how people think.

Someone can use an altcoin and thinks this altcoin is better than btc, so he will never use btc anymore. He literally replace bitcoin there but to the majority that loves bitcoin, no matter how good an altcoin is, we will always consider bitcoin to be better than them.

Why bnb is centralized? Because, it is owned by CZ or binance? But, what about eth? I have heard more talks that eth is a centralized coin more than bnb but if you don't like centralized coins, you better stay away with this two and go for the real decentralized coin which is bitcoin.

The current coin that can be close to eth is bnb not because they are both centralized but because they have similar features which they can produced tokens under their network. The only advantage of bnb is that is gas fees can cost lesser compare to eth right now. Other than this two, we also have sol, matic, avax and others. They too have potential like eth but they are not strong as bnb imo.

When you teach someone about cryptocurrency it would be good if you refer them to a website where they can refer to anytime they want to know more about Bitcoin. Because by having a conversation with someone , it’s not enough for you to pass every information that they need to know about Bitcoin.

So, it will be very good that you refer them to a website such as bitcointalk.org which carries a lot of information about Bitcoin and other cryptocurrencies. And they can as well create an account in the forum and ask questions in case they are having any difficulties and they would have their questions answered by lots of experienced users who has been around for a long time. Another thing is that anyone that you teach about Bitcoin you should as well be ready to make them be aware of the risks that are involved.

If you say market behavior, then there isn’t really anything that is changing about the market behavior, because it is always going to be the same movement that it has been making right from the beginning which is to go up and down or stay stable at some point. Unless what you are trying to talk about is the strategies that people are using to predict the movement of the market.

Strategies do change, sometimes the strategy that you are using to predict the market can sometimes not work as you expected to have worked out for you. Which is why you have to keep on updating yourself. That’s why you are being taught that there is no perfect strategy, you just have to keep working on yourself every time and knowing what is up to date.

There’s really nothing much, they are all good and it all goes down to what you decide to choose for yourself. The teen with BUSD is that it is owned by one of the biggest cryptocurrency exchanges which is Binance.com, and that has made it an attractive coin for most of the cryptocurrency investors and traders.

For the fact that it belongs to one of the biggest exchanges in the world, if not the biggest, a lot of people are more likely to consider it because they are trading on binance.com and would prefer to make use of a stable coin that belongs to the exchange so that they can get some perks that comes with it, like discounts on trading fees and other things like that.