Jokes are often told with a straight face. That's what makes it funny. It's called deadpan humor. When someone says to mortgage your house to invest in something they are not being serious. To me that is a joke.
See my second point. If anything — if he was actually joking, it's arguable that it might actually be worse. He just allocated a huge chunk of his company's balance sheet into bitcoin, hence why he was in a lot of interviews and podcasts for him to be able to justify his investment to the masses. Then he's going to make a deadpan joke that could easily be misunderstood? Absolutely not lol — he pretty much told the viewers to overly(to say the least) allocate their funds into buying bitcoin; and he said those things with a straight face. And even if there's a very small chance that he was joking, it doesn't change the fact that it was very irresponsible.
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It is a temporary "threat" knowing in a way that a lot of uneducated/misinformed people will think that a CBDC will be a threat to bitcoin, hence having less retail interest in the markets in the short-mid term after a CBDC gets released.
Long term though? Definitely not.
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Re: Bitcoin - what price would you sell?
This is a very common misconception, depending on how you personally look at bitcoin. If you're asking an actual long-term bullish person, this classic meme pretty much sums it up: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FmnwF67y.png&t=663&c=aLhgYav7s-5q-w)
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It's not about just NFT blockchain games, it's more about mainstream games that tried to feature NFT. Adding NFT to existing and popular game is much simpler than creating a game around NFT from scratch.
That is true — but is there even any incentive for a gaming company to integrate NFTs onto their game, knowing that them having more control makes a lot more sense? Also taking note how the masses react to NFTs, it's just going to give them a lot of negative press. Also, people investing in "blockchain games" totally underestimate how hard it is to create a successful game.
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I think he was joking when he said that.
Absolutely not lol — he pretty much told the viewers to overly(to say the least) allocate their funds into buying bitcoin; and he said those things with a straight face. And even if there's a very small chance that he was joking, it doesn't change the fact that it was very irresponsible.
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You choose an exchange partner -> We collect data about the exchange (address, amount, etc) -> We send it over to the exchange via API -> You send crypto directly to the exchange -> They send you the crypto -> You earn rewards from us in crypto!
I'm confused with this part. Which ones are the exchange partner and which ones are your "exchange"? Also, is your "exchange" somewhat similar to what the likes of 3Commas are doing?
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Unfortunate. I'm very certain we all had our fair share of mistakes with varying degrees of financial damage. What matters most is what you do today after you learned your lesson. Best of luck!
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What would you recommend is the most secure way to make money in this world of crypto/blockchain, web3?
Almost nothing is secure, besides having a stable paycheck with having a developer job. Also, what are some of the things that I should learn first perhaps to build up a foundation? some sort of roadmap.
You simply learn the basics of programming, then create small personal projects until you get good enough to join a development team. It's just going to take time — not something that you can achieve overnight.
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how anyone can identify it is a revolutionary idea at it's initial stage .
If it was easy, then everyone would've invested early then they'd be high valuation very early on. What makes then such phenomenal investments is the fact that they're very hard to find; because all of them are kinda crap at very early stages.
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Remember when Saylor told people to take a home equity loan out to buy Bitcoin at the top?
Good times.
That was one of the most retarded (sorry) and irresponsible advices I've seen that's been said by a person that's supposed to be significantly smarter than the typical person. It's just so bad that it's actually worse than the advice I've seen the worst YouTubers have given.
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If you have meaningful amount of coins, then the problem is not Mycelium, it's that you keep it in a not-secure-enough manner and you may want to consider buying a hardware wallet (I guess that setting up a cold storage is out of question, so I went for the most user friendly approach) and transfer your coins there, into safety.
Not sure how technically literate/illiterate OP is, but the best choice would probably be a Ledger Nano X, so it could be used with a mobile phone. Unless OP has a computer/laptop and know how to use it correctly, then a Ledger Nano S Plus would do. P.S. Follow the instructions carefully. Only store the backups offline on a piece of paper.
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A slightly more complete list: https://cryptosec.info/checklist- Handle your crypto on a burner laptop which is only used for handling crypto wallets, this eliminates getting your crypto stolen by a trojan you may of downloaded.
Or to make things far more simple — just purchase a Ledger/Trezor hardware wallet. A burner laptop alone isn't enough, as you need to run a more secure Linux OS like Qubes, and not mess things up.
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#fun fact But when you recommend Coldcard, there is something in common with the username you used, that is, this version of Colcard is named "mk4" on the board, are you the developer? or mk4 is just the serial name taken from the Toyota Supra mk4 which happens to be the same as your username.
Hah. Mk4 can mean many things — a car model(Volkswagen Golf Mk4, etc), a videogame(Mortal Kombat 4), an Iron Man armor version(Mark IV), etc. Coldcard's mk4 is just one of many similar names. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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You tell me — why did you become bullish on bitcoin just because Saylor did, without knowing why he was bullish in the first place? Looks like you blindly trusted a person of influence.
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NFTs are just infrastructure. Why did NFTs failed with games? Because the games suck in the first place and there is less incentive for game companies to have openly tradable items/characters/tickets/etc. As evident with current trending games, the best(revenue-wise) model is to have in-game items untradable.
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Just a quick reminder for those who think that 2023 will definitely be an up year just because of the pattern: Past performance is not indicative of future results. Patterns can happen — but just as easy as they form, they can break just as easily.
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There's mostly no such thing as a "not-normal" wick, as there's almost always a reason(outside of API bugs and such) why a chart looks a certain way.
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I've heard good things about Coldcard from the Twitter Bitcoin maximalist crowd despite it being a tad more complicated to use/prepare for the typical non-technical person. Obviously though, it's Bitcoin-only so it's an easy no-go if you're a fan of holding other cryptocurrencies.
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Just a heads up that definitely not all of a mining pool's hashrate comes from the mining pool company itself. Miners around the world can freely hop around mining pools as they see fit. And safe to assume, miners worldwide will get off a certain mining pool if it tries to act maliciously.
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When a person is too smart like a btc developer, he is easier to get fucked.
It depends. Sometimes a person thinks he/she's so smart(and so confident, in this case with his wallet security setup) that he/she gets complacent. Even smart and very technical people can get really careless.
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