because of Russia and China so their economy might not be affected by the sanctions these days.
Nah, Iran's economy is not going to be affected any more than it already has because of US sanctions because they are repetitive. That's what happens when US sanctions a nation for 45 years, they run out of things to sanction and it becomes ineffective. I also have to point out the hypocrisy in this move by US since Israel is supported by US, Israel commits genocide and has already murdered at least 33000 innocent people 70% of which are women and children, it is Israel that breaks international laws such as article 2 of UN Charters, ... there is 0 US sanctions on Israel But when Iran punishes Israel according to article 51 of UN charters, it is Iran that is sanctioned  BTW this is why the Old World Order died and we are currently establishing the New World Order. what i notice is that these skirmishes and provocations are used to manipulate BTC price, you think?
I don't think so. The initial punishment on the night of April 13, created a panic sell but that was it. The recent market activities are natural and not related to any news. We see it during each halving month. It could also remain this way (going sideways) for a couple of weeks. it proves international law is useless to them. these wars wouldn't be happening if they could just decide to have cooler heads. but they know also that things will not be easy for them when a new world is established and find out they are not the leader. as for now, we are in a multipolar world afaik. crazy how they teamed up with their enemy in the ww2 and made war with the countries that helped them in ww2. but we are still up to see how the new leader will operate though, while China means business everywhere. Russia is somewhat of a military force to reckon with. and they could just be no different from the old leaders. hope to be wrong. but all i know is that we could never have peace in a multipolar world. it will always end in a war when there are 2 alphas. |
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Bitcoin mining fees has increased considerably today after halving but there are no effect on bitcoin prices. I suggested some friends to invest before and they are blaming me for the suggestion. I told them to wait for final effect as it can take some days for effect on prices but they are impatient.
don't bother. you can always tell them again when the price has already flown to the moon. i have heard a few stories like this before which someone got blamed for making them invest, it will just be bad if the market is about to go downtrend already, and those who invest lose money. in your case you're in the right time since halving has just started and bull market is bout to go in weeks or maybe a few months. |
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When a countries economy is strong it makes the country powerful, countries with low economy always find themselves borrowing from countries with stronger economy and there by making such country or nation subject to the nation with stronger economy.
Those countries with strong economy controls the world's political and religion system.
In other for a country to grow in all area's, it's major focus should be growing her economy, when this is achieved then that nation will become one of the most powerful nations in the world.
United States, China, Russia and Germany. This aforementioned nation's are seen as the most powerful nations of the world they all have a strong economy, strong economy is the beginning of a powerful nation.
A healthy economy also gives power to a country, but in terms of world power play your artillery and fire power also plays a key role. The United States of America are seen as world power because they have a very healthy economy and enough arsenal to defend her territory. Building a strong economy has to do with it national ideology and vision. However my country Nigeria for example, the country has all what it takes to build a strong economy, the man power, the resource but they're lacking the vision, leaders in this country do not see it as important building the national economy. They tried to manipulate the resources in other to enrich themselves, whereby not thinking about national growth, if a country can have the vision of making it's economy stronger which is tough task but it's doable. The strong economy like the US, China, Russia and Germany we are referring to today was not strong 100 years ago but the vision of national growth was there, great men of the past came up with the vision to make it what it is today, which till this day leaders in this countries are still keying to that vision, So if countries with no economy can have the vision and put measures on ground, it is easy to work it out, it's just a Matter of time and you will build a powerful nation. US and Germany aren't as rich as it was. this is why wars are going on these days because another leader is challenging the current leaders. China is the one they tend to go to ask for loans already. it does sound like a real animal world actually like when an Alfa wolf is in decline another Alfa wolf comes up to become a leader. and they have to fight before this happens. in the real world, however, it's fighting for resources to enrich themselves again. |
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Now crypto market is growing super faster along with Bitcoin. Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend. Sometimes little dump is happening but market recovery also done so fastly. So what do you think? Will altcoins ever cheap again? Or you are buying overprice altcoins?
There are new altcoins coming everyday and they are generally cheap when they are new. New promising coins could be a good investment for the future. As the competition rises, the newer coins with better technology would make older coins obsolete making them fall in price, they won't be a good investment. There are bull and bear cycles in crypto as well, we at the moment are in a first few stages of a bull, when this bull is going to hit the highest point, a bear would follow, which might or might not led to a cheaper price than we currently have. new cheap altcoins can be good for short-term investment once the altcoins season starts but while it's yet not happening, avoid them. you'd just be making your money sleep and these new coins might never be listed in big exchanges too which is risky. scam teams are already listing their coins on exchanges i think there will be a lot of people going to get rich but also lots will be scammed after. those who have been in many bull run i think got the idea already off how to exit when its time. |
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Well asking this question cos I wanted to see how many of you do stake your USDT. I have seen my friends earning lots of interest from their USDT holdings. So I also wanted to stake some USDT to earn some interest since it's sitting on my wallet doing nothing. I checked a few cexs that offer USDT saving option or other options that offer interests.
So I was seeing that Binance offering 2.85% APR on their flexible staking product, which translates to roughly $0.0781 daily for a 1k USDT stake. But some other exchanges like Bitget and Bybit offer tiered flexible staking rates that can potentially yield higher returns. For example, Bitget offers rates ranging from 3.70% to 8.70% APR depending on the staked amount and with 1K staked, it's like 0.169$ daily, and Bybit offers a flat rate of 2.13% to 7.12% APR also depending on staked amount, so with 1K staked, it's like 0.126 USDT daily.
Now I want to know what's gonna be best. I know Binance has lower interest but i'm still torn between these. So I wanna know y'all thoughts.
3% APY will be nullified by 3% inflation rates so at the end you are making no profits by risking your capital completely. Staking on exchanges is no more profitable in my opinion. People believe AVAX is a choice so you can try which is better than conventional centralized staking in terms of returns. safety should be their primary concern in staking thier USDT or else it will be a big loss instead for them. although inflation is also something we look at in staking USDT, i think the people from underdeveloped countries will not see $0.12 daily a problem. this is actually a good amount for them, i'ts just unsure in the long run. that inflation is crashing up for the US but in South Africa, i think its an advantage holding USD. |
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it's the first time i heard of doge day. been a fan for a long time. i never saw the community celebrate anything of that but this is bitget idea trying to celebrate doge day along with BTC halving. $3000 worth of doge is fun though.
if in the halving day BTC will rise, the rest of the altcoins will also go up. $0.18 is still the resistance line. this could be where the price struggles to climb.
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No, it's just a meme token that doesn't have any use the reason why it skyrocketed is because of rapid growth in their community who are interested in Meme tokens but like I said it does not have any use so if people do not have any more interest in Meme like Shib it would just die gradually unless developers develop something that can make this token as primarily used.
Though, I'm not a memecoin fan but Shiba Inu has some prospects, It's continuously being developed by the dev and it's community. It has launched shibarium 1, a Layer2 scaling solution, still in beta phase undergoing rigorous testing. SHIB is the gas for it's native DEX, shibswap 2, launched 2 years ago. There's also plan to have a stablecoin with the ticker SHI to be pegged at $0.01. 1. https://www.coingecko.com/learn/shibarium-shiba-inu-ecosystem2. https://www.coingecko.com/learn/what-is-shibaswap-and-bonepegging SHI = $0.01 might just get Shib in trouble. they know the government isn't going to make it easy for anyone to develop a stablecoin without them grabbing the balls of those teams if it's just algorithmic $0.01, it might just be fine but people are already aware, that things can go ugly when it's de-pegged. shibarium project i think has to be developed further for the SHib to have more demand. who knows it will be just like doge. |
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well, Iran is a rich country and it appears now that they have more friends than NATO thought. because of Russia and China so their economy might not be affected by the sanctions these days. same as Russia being sanctioned, they are still strong economically. in terms of their firepower, they are the source of Russia that made Russia have the upper hand against Ukraine.
what i notice is that these skirmishes and provocations are used to manipulate BTC price, you think?
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-snip-
It's only temporary and doesn't really affect if i see. For BTC, I think it will not take long for the reversal because those who come and buy now are not only individuals, but large companies and financial institutions where we have seen before, they have begun to allocate part of their portfolio to crypto assets, especially BTC so that indirectly this will give a strong boost to the adoption and price of Bitcoin from the purchases they make. I think our job is just to go with the flow because they are just like we want the lowest price in this time. The important point is that Bitcoin has a strong long-term growth potential and this has been read by those investors, especially after this halving is over and this moment is also eagerly awaited by all circles. Growth in adoption allows prices to rise higher due to the impact of demand - otherwise prices would fall if supply became plentiful. I agree that some investors will buy into the FOMO and exploit the cycle to profit - but the high expectations they set ultimately make them more likely to be disappointed. I personally wouldn't have high hopes of getting bitcoin at $150K in the next bull run - but if $150K is reached, then I'd definitely get more than 4x in returns. The pre-halving pump is over - now it's time to see how the market reacts ahead of the halving. There are currently 54 block left until the halving - it's just under 10 hours until the halving. it bounced from $60k since yesterday, it's still uncertain whether this is going to continue though. the approval of BTC and ETH ETF in Hongkong seems to have less impact on the price but a slight movement in the tension in the middleast can cause a huge blow to the price. the effect of halving they say will be observed after a few days, in this case i guess the game is still waiting. |
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The markets have seen a mini crash since Iran attacked Israel the other day and I am just holding for now, haven't bought anything and haven't sold and just hoping we can start seeing the market go up over the next few months.
Any GFUD will definitely provide a boost to the market. Depending on how the market responds, if more and more people panic easily and engage in panic selling, then this crash condition will last even longer. But if it were the other way around, then that wouldn't be a problem. We have already faced quite the same situation in Russia and Ukraine, where both of them actually have a relationship with crypto that is bigger than this. So, if there is no excessive market response, it will be quite under control. It's just that, usually there will be other FUD and also some other news that will make the price of Bitcoin possibly drop again after the Halving, because the miners will also sell their BTC together. But on the other hand, many people already think that the Bitcoin halving cycle will actually repeat the history. So, make sure you don't panic sell during the next crash. this is why it's hard to assume where the market trend is going because of the halving which we all expect to have an uptrend while the technical analysis is saying the price will go down. and the war which could break out easily when those leaders are trying to impress their citizens on how they will handle this tension. whether the halving could outweigh this tension to sustain the market because from 2023 to March 2024, we are having a good run-up. |
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and that if they couldn't make people panic, they would ask Netanyahu to send their best missile to Iran. Until now I can't understand why that Iranian attack against Israel caused the price to fall. I know that the USA is a great ally of Israel. But what does this have to do with the market? Iran is a sanctioned country. Iran did not attack the US in the same way that the US would not attack Iran. So when I heard the news saying that the price dropped because of Iran, I was wondering why my guess is that every time there is an exchange of attack, the likelihood of ww3 is getting higher and we don't want that. investors will be panicking about whether they couldn't get their money back or not. people will be withdrawing their money from the banks and trading their BTC to fiat. BTC halving though is somewhat balancing this risk. as for me, i am thinking i will hold because of halving meanwhile also thinking my coins will be stuck in the exchange while there is a blackout the entire month. there is uncertainty. |
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its insane why the market trend is unsure of going where even when we know the effect of halving is always a bull run. i also feel the same way.
feels like Larry Fink will give the institutions in Hong Kong a chance to buy cheaper BTC and ETH ETF. they are probably just calling each other by now. Hong Kong institutional traders could just be asking when they will bring the price to 40k. and that if they couldn't make people panic, they would ask Netanyahu to send their best missile to Iran.
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why don't you buy the local currency before going to the country of destination? airports usually have a foreign currency booth for travelers, it's the safest thing you can do and you need the local currency just when you arrive at the airport. it's best if you know an expat, your fellow countrymen for a guide.
you don't wanna go there unprepared or meet up with someone to trade to local fiat, it's going to be the riskiest attempt. you might wanna visit the local forum of the country.
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nice it's now 5,700! a small country like El Salvador somehow educated its people into learning BTC while other countries are still battling against drugs. Bukele has been known to buy the dip though. he'd been criticised for adopting BTC i guess people who did that will finally see the point of what he is doing. because BTC also saves the country in political conflict.
personally i'm not buying the dip. i still can smell more conflict that might affect investments including BTC price.
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If this tension continues, we might see another drop and this will be the usual scenario every time there's a panic in the market regardless of the update.
If Israel decided to fight back, and declare a war we have to expect for the worst, not just in cryptomarket but also in other market.
Let's hope that other countries will not take part on this as we are aiming for a big bull run this year, though for now the correction is necessary, we might see the market to pump again right after the halving, we'll see.
from 70k down to 60k seem not a mini crash already but we are down to the oversold level in the daily chart. if it still doesn't bounce because it's all crashing despite the halving, everybody will sell hoping they can save before it dives 52k. Global tensions will definitely affect the whole market, not just cryptocurrencies. So, be prepared when bad thing happens. The only asset that safe right now from the global tensions is gold, check https://www.investing.com/currencies/xau-usdBased on the update, Israel seems won't take a revenge against Iran, but we can't say it's safe yet because Russia vs Ukraine and Palestine vs Israel are still concerning. weren't they threatening to hit Iran's nuclear facilities? it's been on the news just a day ago. and then Russia also backs Iran in this fight threatening US not to help Israel. this is why it's hard for this conflict to stop since they are already committed to hurting each other. |
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try waiting for the memecoin that Binance is trying to fund. they were trying to hire some developer to develop a memecoin in BSC so if you are planning to ride on it, might as well just ready your USDT for it. here's the link for it https://cointelegraph.com/news/bnb-chain-memecoin-award-attract-developersthe problem is that there is no info about it yet. but pretty sure it might just be a big gain for early takers of this memecoin. just a leak of info about it and we are going to be investing thousands to get millions of this memecoin. |
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Election promises rarely translate into reality, has he done it so far?
San Salvador uses Bitcoin alongside with their local currency plus the $ I think.
Exactly. Politicians usually lie to get the attention of voters. Argentina's President Javier Milei hasn't been able to keep up with his promise of abolishing the central bank and declare BTC as legal tender. Not even the dollarization of the Argentine economy (through the USD) has been accomplished. El Salvador might've been the first country to adopt BTC as legal tender, but it still uses the USD for day-to-day payments. I guess it's too early for countries to completely abandon the USD. Rest assured that the time will come when the USD loses traction as the reserve currency of the world. Rising US national debt, and constant money printing (inflation) should lead us there faster than we've previously imagined. The real question would be: Which currency will replace the USD in the future?  USD will still be used. i don't think anyone can remove it as a major currency especially now that we have USDT and the rest of the stablecoins. El Salvador still uses USD along with BTC, if they start using Yuan, i bet the US officials will fly there for regime change. eventually, everyone in the future will be using stablecoins and maybe the Euro, Rial, Ruble, Yuan, and Peso and all the rest of the currencies will have their stablecoin. but there will still be dominance for USD particularly in America. |
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have no idea how to claim airdrop to these projects but if they are not asking anything or letting us signup for something, i would be glad to just paste my wallet address. but the airdrops today are very suspicious. i still couldn't see why they would airdrop unless the project is still promoting. this is likely a scam. connecting your wallet may result in getting your funds out instead. someone should report this user since this is not the main domain. |
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Yeah World War III would be a huge blow to pretty much everything financially speaking. I think bitcoin would end up getting hit pretty hard, but not as hard as most see or think they see happening. It would certainly tank the stock markets and people would try to flee for cash. I still think bitcoin would probably lose half of it's value, but it could be worse. Let's just hope it never happens!
the Middle East tension is already showing their firepower. if they are already shooting each other's military bases, there is a chance of ww3 going to happen. but these are all skirmishes since the US is not directly firing their guns and has no boots on the ground. Iran proved their point that it can fight back, but it may end there unless Israel retaliates. once war happens, i guess we're all going to be selling. there is no point in holding an asset that will just keep depreciating. |
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Political changes affect the cryptocurrency market, but they are not to the degree that would be responsible for a decrease in the price, while all global stock exchanges are less affected by it. Bitcoin is the last to be affected by political news, and when it is affected, you must know that all markets were affected by what happened, which is something that did not happen now.
Historically, the price of Bitcoin declines by halving, and halving will occur within the next 48 hours, so the current decline is expected and normal.
it makes the people panic sell though when they are presented with information that the war causes the price drop. although this dump is bound to happen because the market is already overbought, this war is gradually becoming the reason for this narrative that it affected the price. it is either manipulated or the memecoin holders are really selling, there are still people who have no idea what halving could do to the market so they sell. |
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