Let me understand is he predicting that we will go to 100k then 288k in 1 cycle or 2? Both sound like bullshit I am not sure how he came to those numbers so soon but I guess it is trying to gain fame and more followers instead of delivering accurate or reasonable predictions. Your account is a 2016 registration. You should know that honeybadger is more than capable of minimum x 2 in price on a very short timescale. Do you not remember Q3 & Q4 of 2017? $100,000 is quite likely this year imo. I have predicted a couple of posts up that we will reach $250k in 10 years not out of anything that I can back it up with but because of my personal optimism which was based on the years before that we had big unexpected bull runs. My opinion differs from you after listening to what JJG said but I did predict 100k in 5 years which I will keep that prediction. I think 100k and then 288k in the same cycle is bullshit not that he has predicted that Bitcoin will get to 100k or 288k I doubt that it would get between them numbers in 2 cycles. If I am proven wrong I will be happy about it as we will all make a lot of money but has JJG says this is not likely to happen. I have not followed this PlanB guy before? Is he good at predictions? Maybe I am the idiot for doubting him. |
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Never happen because the as notfuzzywarm says it applies to all trading but if there was a way to make a cryptocurrency that did not require trading but you still earn from capital gains some how then the government would address it and change the laws, then require you to pay capital gains. You cannot avoid tax as the saying goes death and taxes are certain in life.
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Report the crime in your local area and where the company is registered. There is no Cryptocurrency police instead it is theft and the normal police are the ones that can deal with the situation. There is no guarantee you get your money back or justice.
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For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.
What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.
Can be both! You dont know if those are just personal views and opinions or just simply they are commanded or been paid up to do so.You know that you cant really please everybody even though Bitcoin is something revolutionary in terms of payment system which it do talks about no 3rd party involved or simply decentralized. On general sense you could eventually say that this is really a good stuff but there are people who do really hate up specially the government itself.Everything which isnt centralized is really not their taste. You could really expect those negative thoughts and words against bitcoin and honestly im not really surprised into those after all the years we've been here. Governments have regulated it banned it and declared it as legal tender saying governments dislike it is not accurate because it depends on the government. Governments seeking to control its population like China are the ones that ban it but they ban everything from their citizens. Governements like the USA regulate it and then you have other countries declaring it as legal tender. |
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The distribution of Bitcoin is not uniform, but in the long run, Bitcoin is a force against the uneven distribution of global wealth. Workers using Bitcoin can save wages and accumulate the scarcest monetary wealth. Therefore, Bitcoin is a currency that achieves global wealth equality.If it is inequality in the initial state, the Bitcoin network will also bring wealth equality in the future.
How does Bitcoin save wages? Most people would expect to be paid in the same amount in both fiat and Bitcoin but people who get paid in Bitcoin might hope that Bitcoin gains price and they benefit off of it more. It does not save wages. Bitcoin does not achieve global wealth equality because to gain Bitcoin you have to invest which requires money at first you cannot generate it without invest a lot of money. |
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Since Youtube allowed anyone to advertise not just companies there has been a lot of scams going around. This is not just Bitcoin scams but scams in fiat to do not trust any thing that you hear or see on Youtube. The main reason they are advertising is because they can make money off of you. Do you see us investors advertising Bitcoin to you and telling you that you can double your money? No we tell you it is a good investment but we never promise you any thing because we do not know where the market is going and would never promise something we cannot deliver. Scammers are the opposite and promise you the world.
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People are hostile to things that they do not have the courage to invest in or do not have the funds. Most hostile is because they are jealous either they are jealous that you have the courage to invest in it or they are jealous that you have the money to invest in it. I have not yet met any one that has legit reasons to be hostile to Bitcoin. How can you be hostile to something that is trying to set the common person from its handcuffs? You cannot instead you have people who have other motives like wanting fiat to succeed because their institution relies on fiat to succeed like banks or you have people that are jealous.
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It's never ending in fact where bitcoin will go it seems to be beyond everyone's future bitcoin dropped below 30k a few days ago but is starting to rise again over time it turns out that the bitcoin market is going to create a new position. That is why the price of bitcoin should be kept in the belief that the market will recover in any way since it has exceeded 46k it is going to grow more in time.
Today Bitcoin weakened 2.91% to the level of the price of $ 46 thousand and it looks like we will need time a little longer to be able to see the price of bitcoin rebound to the price of $ 50 thousand, because it seems that now it is starting to show signs of profit taking by investors in the short term and of course this has slightly hindered bitcoin prices from being able to reach $50K price resistance this week, however, hopefully in the near future there will be positive sentiment that can trigger bitcoin prices to go higher. That's definitely normal, bitcoin cannot just pump all the time, it also need to correct a bit as we have short term traders will to dump their bitcoin when they sees some profit, but in overall movement, you just have to be positive as eventually it will break $50k and over again. There will always be rallies because whenever Bitcoin dips and then goes up in price there will be people looking to make short term gains and cash out at the height of the cycle. When that happens is when you see the correction. The correction is because there are many people selling. Then Bitcoin dips and people invest in it again speculating that there will be another rise because of the way the market works every time this happens the cycles get bigger and bigger. |
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Let me understand is he predicting that we will go to 100k then 288k in 1 cycle or 2? Both sound like bullshit I am not sure how he came to those numbers so soon but I guess it is trying to gain fame and more followers instead of delivering accurate or reasonable predictions. |
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Study the Meta board I think it is very useful to newbies to look at that board especially the sticky topics in there that is where all the essential information on the forum is. I recommend reading the trading discussion sub forum and reputation which will teach you about the things which will get you negative trust most of it is common sense but always worth a read.
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Most of the members that you mention being good at statistics have their own websites which take the data from Bitcointalk and give it to you. There is the merit dashboard which has everything you will ever need for merit on the forum. BPIP is another website that collects data about members of the forum. Loyvce has their own website which has a lot of data that they have scraped from the forum. If you want to scrape your own data you will need to learn to program it and then you will need a database and be able to read that. Learn SQL.
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The best place to buy Bitcoin without giving them your documentation will be any peer 2 peer transaction or exchange. The currency sub forum on this forum gives you the option of trading with members on here while a peer 2 peer exchange will allow you to trade with every one around the world. You should store your Bitcoin in a wallet or a hardware wallet. Bitcoin core if you want a full node, Electrum if you do not want to run a node and a hardware wallet if you want to use the wallet online with good security. LocalBitcoins is the most popular peer 2 peer exchange but because of that there is bigger fees and higher prices. You will probably get better deals here on the forum than a registered peer 2 peer platform. If you want to look at other options of storing your Bitcoin check out bitcoin.org that is the best resource available on the internet about Bitcoin wallets.
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Bitcoin Core is the only choice if you want to run a full node. I would not use any other wallet for a full node. If you do not want to run a node or store the full Blockchain then Electrum is the best option. If you want to have the safest online wallet then you would go with a hardware wallet. Any other wallets are not to be considered and I do not understand why they make new wallets when we have covered all basis with 3 of the above.
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Looking at the data it is very clear that the longtime holders of Bitcoin are accumulating again, while addresses with small balances are selling and being liquidated. This is a great sign since it’s typically the whales that move the market. When they start losing up to make big profits, you might find it wise to follow.
Is there an easy way of monitoring these big addresses? I know that the Blockchain is transparent and you can look at any transaction but I am wondering if there is a easy way of seeing transactions that are only above 5 Bitcoin since that would indicate a whale. This is the natural cryptocurrency market cycle, bitcoin starts to rise and then ethereum follows and altcoins stay on their price for a period of time unchanged as long as the dominance of bitcoin is large about 50-60% of the market but when the dominance of bitcoin starts to fall under 50% altcoin starts to move strongly and take possession On the market and during this period, we are witnessing significant increases for some altcoin against the stability of the bitcoin price.
After that the correction begins for the bitcoin and the price drops and then the altcoin price drops again, this is the chart of the cryptocurrency market in general and this cycle repeats constantly.
Who cares about altcoins? Ethereum will forever be in the shadow of Bitcoin and no other altcoins are worth the time of monitoring them. |
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I have been looking at articles which are saying how much you should save up before you can retire but there is one big problem with their calculations they are relying on receiving money through interest earned on their bank deposits and they mention investments into stocks but that is assuming that you always earn on them. Bank interest depending on the amount you earn might not be enough to keep up with the cost of living and would only soften the blow. That is assuming that in 20 years time that banks still exist like they do today I am hoping and this is me being optimistic again I am hoping that people decide to manage their own money with Bitcoin or with fiat. https://www.aarp.org/retirement/planning-for-retirement/info-2020/how-much-money-do-you-need-to-retire.htmlThis article says there are 4 factors to think about before you retire. 1. Expenses 2. How much you earn on your savings 3. How long you will live 4. How much you can withdraw from your savings per year. If you keep a lot of your money in Bitcoin or all of it instead of a fiat bank then you lose that benefit of interests and the only way you earn interest is if Bitcoin goes up in price over time. I will say that Bitcoin is going to earn you more money than any interest would though. |
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Eurosport are a tabloid not a reliable source. Messi will not affect Mbappe's decision and when Real Madrid can afford him which they cannot right now he will leave for them. Mbappe will not be signed by any other club he has made his intentions to leave for Real madrid clear. |
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I was with you all the way Zedpastin, until you got to the last sentence.. Holy fucking shit.
Of course, there is no problem with being conservative and keeping your expectations relatively low (or not too high), but $250k in 10 years is a stretch, but possible.. In 10 years, $20million is a stretch, but possible.. $250k is pretty damned conservative.. but surely possible as well.
On a personal level, I do not want to be too presumptuous, so I have no problem at all to plan around something like 6% per year average price appreciation of my BTC investment portfolio.. which would end up with way smaller numbers than $250k in 10 years, but even if I am personally using very conservative numbers to protect my lil selfie.. we should also attempt to be reasonable in terms of the various upside potentials of this particular asset class that may or may not play out, but there are a lot of scenarios that go way above and beyond a conservative 6% per year expectation.. especially when considering ways to plan around bitcoin and maybe even stocking a bit more or something and not locking yourself into conservative thinking - but that would not necessarily mean taking undue risks either.. One of the nice things about bitcoin both historically and even considering current planning is that you do not necessarily need to invest a lot in order to still be prepared for the scenarios of higher BTC performance that may or may not happen (and still get richie way beyond expectations.. already happened to lots of relatively conservative peeps.. no need to mention names, right?).
I am probably being too optimistic but I would rather be too optimistic than pessimistic because there is already enough pessimists here  I joke and maybe my numbers are plucked out of the air and do not have any scientific backing but I can dream. 6% increase per year you say? I can back that I think that gives us more time to get to that financially freedom money as not all of us have the amount of Bitcoin that we need or require for that including me. I have a healthy stock but not enough to have fuck you money that I know is discussed a lot here. Btw what do you guys define as fuck you money instead of financially free? Out of curiosity just point out this line Can you tell me {$300k to $600k} going to be sure and very fast? There is no "sure" in Bitcoin. And that's for sure  Let a man dream |
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They care only about the quantity of the posts and the visibility of their signature. Maybe the admins should consider a pilot program of some sorts. Don't allow altcoin signature participants to post in the Bitcoin Discussion boards for a week or two and see what will happen in terms of spam, reported and deleted posts, etc. It might be too restrictive and controversial though.
Looking at Bitcoin discussion board, it doesn't seem to me that it's dominated by altcoin signatures and that they are the main cause of the issues. On the contrary, seems to me that majority of posts are written by those that are in Bitcoin signature campaigns. Current bar set to enter one of the signature campaigns paid in BTC is very low due high amount of campaigns and lack of quality members, so even a shitposter with 5-10 merits in the last 120 will be capable to secure a spot. Now that signature campaigns are mentioned, I wish managers remove subpar participants more often but then again, I understand why they don't do that as they probably won't find adequate replacements so they just go on as it is. Bitcoin Discussion should be the one sub forum which has the most moderators instead it has the least it does not make sense to me? There will always be more members wanting to join a signature campaign that there will be spaces this is obvious if you look at the open signature campaigns and how many members apply for them how quick they fill the position. Bitcoin |
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If so, many of us realize that bitcoin remains a volatile as fuck asset, and some of us proclaim that volatility is close to inevitable in bitcoin, which means that it likely close to one of the ONLY things that you are able to rely upon.. even though not really knowing which direction, so I wonder how you could lock in financial freedom from that $250k price in the event that it were to be a top, rather than a bottom?
Seems to me that would probably need to get into a kind of $1.5 million-ish territory before we might be able to start presuming anything in the range of $250k as a potential bottom-ish price arena.
Good post I agree that only the people that intend on taking their Bitcoin out at 250k would be financially free but then are you free because you took your money out of Bitcoin and put it into a dying fiat currency which will be having a big amount of inflation? I think if you were to safe guard your investment you would withdraw 50/50 in Bitcoin and fiat. withdrawing 50% of your Bitcoin holdings when it reaches 250k and using that money for a house and to buy assets then retaining the rest in Bitcoin and use that for every day life? |
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Lets wait for proudhon counter, Lol, but it seems that his intentionally avoided @philipma1957 thread like a plague,  . We are already in a bullish phase, next will be the $50k target and so on. Those perma-bulls are really going to get REKT in the last quarter. But we can't do anything about it, that's there call but most of the times you really gonna love them. Lol. proudhon only cares about attention he does not gain any attention from a losing battle in some one elses topic. I am sure we will see him continue to ignore this topic and post more of his absurd claims. |
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