I'm completely open about my investments and bought at many different levels in 2016 and 2017, most of it below 3000 dollars but some at 5 and 6 as well. I still have these coins so no selling for profit on my part. Holding something that makes me feel safe while being profitable is more than enough for me. I'm not going to chase profit around trading for a few dollars of profit every day. It's a waste of time.

You think those who bought early are not to be believed because those are the lucky few. Did I get it right? Bitcoin remained below 6000 dollars for more than 8 years. That's enough time to be among the lucky few. You underestimate hiw many people on this forum still hold Bitcoins bought for less tha 1000 USD. I can tell you it's a lot.

PayPal also only works as a middleman. A transaction validator. It does something a 1 person acting as escrow could do and its shares are worth 150 EUR a piece. Does it create any value?


A computer program or a domain also don't create value but have value.

Not really. We have been in a bear market up to the turnaround from 3000 dollars and since then the price is acting bullish. A small setback caused by the stock market crash doesn't make it bearish. I never look at 1h chart unless I'm trying to trade right here right now. For me what maters is the big picture - months and years.

Yes, if Bitcoin crashes strong it will take altcoins down with it. That's pretty obvious.

So you choose to compromise your safety for convenience. That's not how most crypto enthusiasts should proceed and I will never recommend it to anyone.

You also said that you are using a web wallet that can be accessed from anywhere so you don't even use a wallet on your phone but use other people's computers or public machines to transact? This is so careless I'm lost for words.

When reading such news I always think of the requirements that have to be met. In these case it would be requirements for an old person to buy Bitcoin this way.

They would have to:
have that specific retirement fund
be able to manage their own asets
be able to read and get that information. Most old people don't read leaflets and don't surf the Internet. They have a card and use it to pay from their account.
be positive about investing their money in general as most old people are not
know what Bitcoin is
be positive about it and we all know most people are not.

How many will put a tick in all the above? 1%?

Yes' you're right.

I forgot that there's no fiat anymore and there are no exchanges that don't use stablecoins and we are forced to exchange to Tether every time we execute a trade.

We've definitely passed a point of no return with Tether. Now it's USDt or bust 

We had topics like that, you can look them up on the forum.

I'll start with the most obvious question - what can you do?

We don't know anything about you. Maybe you can translate texts, maybe you can manage social media, maybe you know how to make tutorials or youtube videos.
Look in the services section of this forum maybe you'll find something that you like.

Is there anything difficult in his question that you cannot understand? I sure have trouble understanding your point. Especially that last sentence.

Bitcoin is an investment which means many people buy it to sell later and profit. That's why many wouldn't buy it if they knew there would be no $50 thousand Bitcoin, ever.

I'd still use it and by it even as an investment because no ATH doesn't exclude the possibility of 20 thousand dollar bitcoin which is a 2x gain.

I buy gift cards and avoid KYC exchanges, although I made a mistake and had a Coinbase account for a few years.

KYC is not mandatory everywhere, but if you are a trader it's going to be very difficult to avoid it in the US, especially if you're trading more than 4 figures, then it becomes almost impossible.

If you're a normal investor and want to sell some coins and buy yourself something nice you can still do it without going through KYC by trading P2P, buying gift cards or selling coins in person. Just remember to not go alone

If you're looking back at 2012 there were many things that happened over the years. Some of the big ones were:
Countries like Malta recognizing Bitcoin as legal tender.
Stores in Japan and Korea accepting payments in Bitcoin.
Steady growing number of Bitcoin ATMs all over the world.
Many online stores reporting increased sales after accepting Bitcoin payments.
Banks like JPMorgan switching their stance.
Growing media attention.

Why aren't we at 15000 or higher right now? Because we were in a bear market since 2018.

I'm not a thief so I'd probably try to contact them and tell them that I could have made use of that but didn't, saving them a lot of trouble and money and ask for a reward.
I'd prefer a few thousand dollars of honest money than millions and a lifetime of looking over my shoulder and taking pills before going to bed.


No, I wouldn't. It's still money in the network just like Mt.Gox money or DPR's money. They all belonged to criminals at some point. All bitcoin in circulation will at some point go through the hands of criminals just like most dollar bills you use every day were one day used to buy drugs or even snort them.

At first the article looks like it's about to do some TA but then it follows that good old path we know too well. It goes like this: bitcoin is looking both bullish and bearish and it can go up above 9000 dollars or down below 8000 dollars...

If you look deeper and into the author's drawings you see that his bullish scenario points to a breakout at 9177 and possibly going back to 10000.
His bearish scenario draws the line at 7600-7800 so even the author thinks that if the price goes down you'll lose about 1500 USD and if we go up you'll maybe make 900 on your investment. Not really a 50:50 scenario for a potential investor.

On one hand I like that he's allowing people from both sides of the barricade to be heard and that he's not interviewing them in an aggressive way, like some journalists on mainstream TV like to do.

On the other, some people like CSW should really be boycotted. People who keep on tealling lies shouldn't be invited to any shows. I bet most of us are tired of this guy and he can be dangerous to newbies who are looking to buy some crypto.

1. It is not. If you look at casino statistics it's far below games like dice and blackjack. And let's not forget the king of all fiat casinos - slots.
The reason for it is poker is the game that requires the most skill out of all casino games. It's not as relaxing as other games where you just wager some money and watch it roll.

2. In crypto casinos dice games took all the golory. I don't know why. Sometimes it's hard for me to understand why this game is such a hit.

Both BCH and BSV are total shitcoins that would have no market cap if not for the word Bitcoin in their name. They were early forks and gathered all the attention of people who thought they can make money with something made of the original valuable asset. In other words they bought a knockoff hoping that it would explode.

BCH has some google searches because of bitcoin.com. Many newbies get lured there thinking it's the official site for Bitcoin but it belongs to the owner of BCH.

BSV relied mostly on Craig and not a site so it will always have less searches than BCH. Also BSV is not a fork of Bitcoin so it's a step behind BCH and with Craig's reputation in ruins without any chance catch up.

A lot of cash for someone to go hiking with.

Here's more about this case, including pictures of his notes.
https://screeps.com/forum/topic/2937/a-strange-request-for-help


Too late

In the absence of valid arguments all you're left with is sarcasm, I know.



How an Internet network would create value, I'm curious. Is adding a few lines of code in the database creating value or not?

Others who make their predictions public allow you to know the market psychology. If all known traders start posting about the market going up you know the crowd is going crazy and the sentiment is positive.

You don't have to rely on others with your trades but it's good to build a strategy knowing what the masses think.

Panic because of what reason? If someone should panic it's the social media users who found out their accounts aren't safe and all their private data stored on social media can be easily exposed.

There are still people who believe their public image and reputation depends on the status of their social media accounts. These people will sooner or later learn the hard way that centralized platforms are unable to protect them.

Bitcoin has nothing to do with these hacks and is just a form of payment these people demand. Bitcoin is the money of the Internet so it's normal they chose it.

Does it really matter for the manager if the project succeeds or not? He will get paid anyway and most managers get much better deals than the people they later hire for the campaign.

Usuallyt if someone gets the short straw it's the member of the campaign. The manager will get on top anyway, regardless of what you do.

With the volume DEX exchanges are showing it's safe to say no professional traders use them.

DEX is great if you want to do a safe trade and hide your activity as much as possible. They are not made for day traders.