you can't accuse people when you don't provide any proof. this file you posted here is 5.23 MB while the Electrum installer for windows (.exe) is 35.28 MB. so obviously you have something else that only has the same name! the runner alone is also 6.01 MB! how is it that you easily trust a closed source website with a bunch of closed source antiviruses that you don't even know what they do and you can't trust something that is open source?
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i haven't seen any place that accepts either ETH or BNB as payment! both of them are centralized altcoins that only have certain usage for traders only and nothing else.
as for benefits something that is rarely mentioned is the protection that bitcoin gives the receivers like the merchants since it has no charge back feature. in other words transactions can not be reversed and that is a great benefit for those who have lost lots of money to scams due to payment processors such as PayPal that have charge back.
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It's called first-mover advantage. But the 1 MB block issue will ultimately be the currency's undoing.
yeah except that bitcoin wasn't exactly the first. there has been at least 5 other similar projects prior to bitcoin but only bitcoin got the "idea" and "implementation" right enough to become big. and it has been 10 years now. saying it still has first mover advantage means you don't know how the world works!
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I see a lot of topics talking about why bitcoin did this or that. Sometimes there are clear indicators as of why but many times it simply happens. Coincidence, trading bots and simple TA can affect the price and create a snowball effect easily.
you are looking at things with a very simplified view which is wrong. if price could easily change with some TA and bots then it would have been swinging wildly up and down instead of always going upwards. i agree that there are times that we can't analyze certain rare movements but the number of times this happens is so little that you can't make it a rule. 90% of the times the reason for the rise of all is clear.
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stop calling this a "database" because it is not. a database is where there is some "data" stored somewhere but this is not that. this is simply a very simple code that uses your computer (browser) to run on your system and generate information you see on it and it is an attempt to fool newbies who don't know what is what. usually these sites are accompanies by another one that has a "search" function that asks the newbie to enter his "private key" to search if it is in their "database". obviously they steal it as soon as the newbie enters his private key there.
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not everyone can go in the history because they can't innovate or do anything of significance but they can scam and be "significant" about their fraud. Craig Wright is one of those people who wanted to be remembered in the history and now he is remembered as the biggest and stupidest fraudulent person of this past decade
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unless they start letting exchanges open up in China and operate in that country while regulating them in a way to prevent them from turning into money laundering machines like before, there is nothing new happening. Chinese citizens and any other citizens of any other country could always hold bitcoin safely because of bitcoin's security and decentralization itself which has nothing to do with the government and their decisions. as for OTC trading, it has been legal (again nothing is new) that is how Chinese have been trading bitcoin for nearly 2 years now ever since they shut down Chinese exchanges.
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the internet is filled with naysayers specially when it comes to new things that scares them because of being new!! you didn't have to go that far to find such cases though, this forum is filled with examples too and this is a "bitcoin" forum not an off topic matter. just go to old pages of this board or speculation board and you will find them...
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Moving forward and set another barrier will be much better, if the pumped which is ongoing again will build a strong holds and begin to rises high now, we will see that $7k will be the lowest before the expected halving will take place and make another good way up.
if this were a pump then we should have reached $3000 by now because pumps are not sustainable, they are ALWAYS followed by a dump of nearly equal size. you can look at altcoins for that matter, they get pumped and people think it can go on forever but then they get dumped on and price goes back to nearly where it started from. we are in a bull market here and this is a rally or a rise not a pump. and because of that it is sustainable. as you can see the momentum is not being stopped either, another barrier was broken today and we are headed for the next one.
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Let's not forget what happened few days ago, it is obvious that some big players want to price stay under $10k as long as possible, which is quite understandable with regard to expectations that could happen before and especially after halving.
I'm not so sure of that. People continue saying that whales want the price to remain below x level, but none of them can explain how whales are manipulating the price. I don't see an indication of manipulation at all, just organic buying and selling, where in some cases large accounts buy or unload regardless of the slippage they subject themselves to. If there was some sort of a keep Bitcoin below x level manipulation, they have had enough time to stock up on Bitcoin below the $4000 level. Another thing is that if whales manage to keep the price below x level, that means there isn't enough organic demand to push it up, therefore shouldn't and can't go higher. the whales usually want to keep price below X but they can't do it forever. because the market trend eventually overcomes their power and they will get crushed. the explanation is the evidence on the market like the sell walls and also the sudden dumps of big sized (1 big order instead of multiple orders aggregating to a big sum) is how they manipulate the price. on a bigger scale it is accompanied by a lot of FUD in social media to create panic. with that said, i no longer see that manipulation though. it was mainly dominating the market when price was below $4k but ever since the breakout happened the "manipulators" also went with the flow because they know going against it will lead to losses. p.s. we are above $8k right now
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I really didn't expect this to happen. If done by young people or productive age it might be. But is a 61-year-old grandmother? Cool or wow? Or something sad?
there isn't that much room for surprise in my opinion and not much "cool" thing about this news either. there are so many people who jump into things they don't understand just because someone hypes them up and the greed usually blinds them to the illegality of their actions (stealing electricity) so eventually they have to pay for their mistakes.
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The fact is this registration can legally be challenged, basically an open invitation.
but who is going to do that? people in this market are either enjoying his shenanigans because they have some profit in it (one way or another) or they don't even recognize the centralized authority to even intervene in decentralized bitcoin world.
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it seems like the "hype" has died as they are now done pumping the shitcoin known as BSV but in case you missed it US copyright office made an official announcement saying they do not recognize anybody, specifically Craig Wright, as Satoshi Nakamoto despite what lots of clickbait news sites have been saying a day ago when the shitcoin pump began. link: https://www.copyright.gov/press-media-info/press-updates.html
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in other words yet another government that wants its share of the money that people might have earned from the cryptocurrency market because of the bitcoin price rise that has happened in the past. nothing new really, some other countries have done the same thing. the only thing that this means for bitcoin is that it will keep adoption of it at bay since only investors would come not real users.
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no one knows how high it will plunge, but it will be followed by a huge sell off in the market
no, you can't say that for sure. just the same way you can't tell ow high it will go you can't predict whether the "correction" after it is going to be "huge" or not. ( offcourse since many are here for short term gains ) thus the price may then plummet to where we all started from , what do you think ?
no it won't because that would need bitcoin to be a pump and dump coin which bitcoin clearly is not. and as you can see even though some of the drops in the past like 2017 were huge but the final result was still way higher than where be started from.
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you are comparing apples and oranges and just like different fruits they both can exist side by side and each offer you different features that you can use and enjoy. fiat is the day to day money that we all use and since it has been around for as long as we were alive it will remain in our lives and won't go away that easily but bitcoin is offering something unique and that is the sovereignty that it offers you when you use it.
by the way bitcoin is not some "speculative asset" just because some people choose to treat it that way.
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This translates to - ’Fuck, I wish I had bought bitcoin when it was cheap’.
But, but it still is F***ing cheap. only when you are looking at the bigger picture and considering the long term potential of bitcoin. but some people are not like that, they focus on the short term, like day traders, in their view we are already more than 100% above the bottom they missed out on because of greed of waiting for lower prices.
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PS: Anyone else thinking of registering because loophole also state that :
that requires the person to be a real scammer and willing to face the consequences of such an obvious and huge scam! most people aren't willing, even scammers don't want to do something like that, they prefer keeping their scams hidden and silent.
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It's also been around for a much longer time...
that is not a small difference to go over it that easily. comparison between gold and bitcoin is comparison between something with more than 2 thousand years of history with a 10 year old bitcoin! that is not a comparison that you should even begin to make in my opinion.
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first thing to do is to decide how much you want to rely on third parties and let them control and track all your financial matters, and then calculate how much transaction (as in total value) you may be handling. if it is large enough it can be worth paying a developer to set up your own node and your own decentralized way of accepting payments without relying on any third party services like the ones introduced above.
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