Seriously, 55% tax?  I can’t believe this.
If this one will become reality, the future in Bitcoin could be gone already.  That’s too much tax already and the Businesses would collapse quickly because of this.  They might not be able to make their cash flow survive for two years and will decide to file bankruptcy forcibly.

However, I hope if this really made it there they would justify the brackets.  I would tend to agree on the part where it really is better to get the rich taxed more than the lower ones.  However, the taxation must be lesser than 55%a and it might 35% really hurts but still good compared to 55%.

Going back, I just feel bad in a way that, people might stop aiming to have a great company as it takes a lot of sacrifices as they will not be rewarded well with the risks they took.

I just wanna confirm, you’ve mentioned that you were trying to retrieve your Binance and other coins right?  But the question is, which would you like to retrieve?  Did someone steal it from you? (just like your credentials).  Cause based on your statement it seems like someone stole it and you still have their phone numbers kept. 

Or did the cryptocurrency founders were the ones you would like to sue legally?  If that’s the case, I think you have to seek their customer service first before filing a legal complaint.  There's a possibility that not only your tokens won’t be retrieved but you may also be countered by them.

Remember that these are big companies with expertise in legal, as well. 

Good luck!

That's still recommended for me but it depends on the time frame that OP wanted to hold, if that isn't all about weeks or months of holding, it seems to be good using Electrum wallet but might better among them just to purchase a hardware wallet which is the most safer way of storing your Bitcoin.  Binance still reputable enough to hold your 0.0112 Bitcoin in just a matter of weeks or months.

Otherwise, just purchase a hardware wallet from your 0.0112 Bitcoin.  This is highly recommended if you wanted to hold for about a year or a decade.

Yeah right, keeping the seed and a private key is the most important, before sending your Bitcoin on Electrum, just conduct a test first, try to uninstall, and recover it via seeds.  If it is successful, it means your Electrum wallet is ready to keep your Bitcoin for a long period of time.

I tend to agree with this.
It will depend on the Bitcoin wallet that you've used if that is a custodial wallet, there's a possibility that you can access your wallet through an email address or phone number associated with your Bitcoin wallet or via reaching their customer support.  Otherwise, if that is a noncustodial wallet, I think you must move on and forget that you have a Bitcoin wallet that has a Bitcoin inside.  Because there's no way to recover it without a passphrase or even a private key.  Even though there are thousands of dollars there, there's nothing you can do, it seems like you're a great king without a castle or a box that full of diamonds but don't have a key.

These are very important when having a Bitcoin wallet, you should keep the private key and seed phrase and that's your responsibility if you know how to keep a valuable asset.  It's our responsibility to keep them in a safe place.

Even though Blockchain.com isn't an adviseable Bitcoin wallet you can still use it and I think having small transactions might be fine as long as you will able to pay the fees that required to the mempool.  Last week we had a terrible fee on Bitcoin netowrk and I think that was about $20+ for the high priority and if you're in a hurry and willing to pay that amount, there's nothing to wait for more than 24 hours, probably within an hour your transaction will be confirmed.

I tend to agree, but why OP use that RBF if OP knows from the start paying low fees will take some time to wait, instead, paying high priority if Op can't wait in the first place. But that is right, the most recommended Bitcoin wallet to SAVE fees is Electrum, not a web wallet.

Based on Bpip by Vod, your profile got 185 posts deleted by mods that show the image below, and your profile has neutral feedback by actmyname and you're part of the spammer list, this may consider as a warning for you to start posting helpful content.  I didn't know how quality it is but I think once mods will delete your post it means the one who reported your post is accurate and right.  

Regarding the merited posts, probably there's a report that you copy content from the article and simply posted the link.



Just move on and avoid those mistakes in the future.

This has been discussed so many times here and the comparison of the two has been there since.  But this is the only time I would participate with a thread regarding it because I find this thread very interesting.

Anyway, Bitcoin terminologies with their process have been inspired by gold, and mining in Bitcoin could have been a different term if it wasn’t inspired by it.

Some say that Bitcoin is like a bar of digital gold (storing its value).  But now, I feel like I'm almost there agreeing with that, because if you would imagine, what if gold can be easily transferred and transactions are less complicated?  I think Bitcoin’s existence today isn’t a thing.  In that way, I should say that we now prefer doing our stuff digitally, the only difference between the two is the transaction efficiency and the ability to stay longer.
Bitcoin will soon become almost impossible to vanish once Nodes have been sent to outer space.  Gold on the other hand could be kept but possibly will go back to its existence in the next thousand years but we will never know IMO.

IMO, the answer is, those exchange doesn’t get Bitcoins from blockchain, they're not even associated with Bitcoin as well.  They also don’t own most of the Bitcoins in their exchange.  IIRC in my calculation, mostly, they only have own 10% of Bitcoins circulating in their platform and 90% of it comes from us (the users who sell and buy from their exchange)  Aside from those big exchanges platforms that already collected a big amount of their hot storage wallet.

They're a platform that people can sell their Bitcoins and also buy.  Meaning to say that, they somehow act as a mediator or an escrow for transactions and that's where they are being compensated as they get percentage through transaction fees.  It might 100% of the Bitcoin as you mentioned will then be returned to the seller.

This is actually a great business model it’s just that, founding an exchange is really a headache.  So I think users can only be more grateful for their sacrifices by acknowledging their hard works providing us platforms that we enjoy today.

I would love to hear it if Bitcoin has been accepted and considered by the main authorities in monetary.  But honestly, I don’t really know that authority exists.  Correct me if I’m wrong.

Each in every country has its own Finance Departments that handle and manage the finances.  But it doesn’t mean they have the decision which assets can be considered for monetary.  It’s still going the be the consumer who would choose.  Even fiat that has been there since couldn’t get to the point of being accepted 100%.  That's really probably impossible.

But if this happens, imagine how successful we would become and a very good idea right there. 

Once the word decentralized on Bitcoin exist, I can't consider it government adopt Bitcoin as a monetary interest.

It's very hard to get something promoted to Televisions as companies behind the networks we see on our Televisions has to follow the guidelines, rules, and regulations of the authorities. (and that is our government)  For now, it would be too hard to convince the government as themselves aren't yet familiar with the cryptocurrency we enjoy today.

In fact, I don’t think Bitcoin being advertised on TV is actually a good idea.  Most often, people who stay watching TVs are the old generation and Bitcoin is impossible to be accepted by them as they don’t really know more about technologies.  It might, the best approach we had to take is to have promotions from the influencers through social media.  In that way, it would be widely accepted, at least.

How effective that influence person like Elon Musk mentioning Bitcoin, if there are hundreds like him, I don't think if Bitcoin will make another ATH each week. 

As an early comment said because you're using a web wallet even though it is a noncustodial wallet but AFAIK, almost all of them don't allow you to reduce the fee according to the mempool transaction fee size.

I find it bad as almost all of the networks are congested since almost this week and I even don't have a chance to move my Bitcoin into the other wallet.  I have heard a rumor that the consequences of China forced to stop mining due to energy issues has been a pain in the arse.  Bitcoin on the other hand can't be used for microtransactions especially today.  What I would suggest is, if you may find someone living overseas you may seek assistance from them to keep your assets to their non-custodian wallet that you can able to modify the fee, like for example Electrum.  In that way, you can save a lot of headaches.

Or else alternatively, I think you must use altcoins for your transactions.  In that way, you can still keep up and never ever use Bitcoin for transactions less than $100 which is definitely not recommended.

Years had passed I stopped participating in the altcoins campaign because I have been always joined an exit scam altcoin campaign.  It's really hard to determine at the start but when it is listed and failure from its developments, it seems most likely an exit scam.

Actually, ninety percent of the altcoins from the start aren’t scams and it's easy to determine.  You can join their campaign, they have tokens with them which they can use for compensation.  They have a project which most people will find promising.

However, once the campaign has been done, that is where the reality hits, and 99% of alt-coins are failing.  Funding is actually made by them to create hype or no funding at all.  So if you are an unfortunate member of the campaign and I would only say sorry.

It might the best thing I could suggest today is to join campaigns that would partially pay you Bitcoin, on that way even if their coin went down, you still have your take away that would possibly grow if you keep it.

Hey mate, just a quick tip, you might read the forum rules, and posting multiple posts in a row was belong in our forum rule.

I’d like to participate in this thread as it is actually one of my main skills.  I hope I could help the members with the advice and opinion that I will be giving.

It really is hard to find the best business to invest with, but there are some pointers missing in the list this thread has provided.  So let me give you some realistic pointers that might help you make better decisions when it comes to investing. The first thing to consider when investing is the ability of the business model to scale.  Meaning to say that, you have to ask yourself the question and that is “would this grow without a lot of finance?” “Would the company’s business model can be operated with minimum manpower required and also less marketing expenses?”

Second, as an investor, you have the chance to ask the company founders.  How much is their burn rate?
On that part, you will know how well the founders use their finance, and if in case that the burn rate is bad, then you know what to do next.

Actually, gold being a store of value is something that might be changed in the future.  The only benefit they have is that gold has been there since then and the asset is tangible.  But being tangible as a disadvantage as well.  The place where you store it will cost you and possibly Banks are charging a lot to store your gold in their safes.

Comparing it from storing a value to cryptocurrency or digital assets?  It might digital assets are most like to succeed in the future as the convenience and the security is actually more profound and economical.  Not just that, it also has a chance to triple your wealth, the only thing you had to do is to keep it there until the price goes up.

Additionally, how you can compare with the limited supply (Bitcoin) versus the unlimited supply which is gold?

Based on the comic included in this thread, Satoshi has been portrayed as a man with a cape that has mechanical features physically.

But IMO, I think it would be more relevant if Satoshi Nakamoto is portrayed near to the character of Iron Man and Code Geas (an anime character and I think you are familiar with it).  A bright gentleman with an ability to defy or disrupt the current authority and people at power because of him being naturally genius. 

With a combination of a supernatural talent which is to manipulate and influence people around him and also manipulates the law of physics and time.  I couldn’t imagine how amazing that could be!  What’s your take on this?

I tend to agree and also could misleading newbies with false information.

Atm on mempool

As an image showed above, it is now hard to consider Bitcoin as a medium of a transaction as the fees are something that really is a pain in the ass.  I really find the transaction fee expensive and converting it t fiat really hurts and also, remittances are actually way quicker than transactions in Bitcoin.
So I think small businesses that use microtransactions would benefit from Bitcoin.  I would prefer to have digital wallets like PayPal instead if this is the case.

You may only consider Bitcoin for transactions if you have a big transaction bracket and it would only tell that your business might be big during that time or treat this as storing of dollar value while holding your investment.

In this case, IMO, policies and regulations for Bitcoin by the government can make or break it.  As per your example, I don’t see any reason that it would benefit Bitcoin to go high.  It actually has a negative effect on the Nigerian user on which they had to transact peer to peer and be considered as illegal traders well in fact that it’s not.

Not all people would risk their lives to be sued because of using cryptocurrencies.  And peer-to-peer transactions are too risky, especially with greater numbers.  If not risky, it might also be very complex and you had to build a profound system in order to clean your cryptocurrency and that requires a lot of work, indeed.

This is a very common time frame to wait for when transactions involve the banking system.
For ACH transfer it usually takes 4-5 days and for wire transfer 1-3 business days, there are too many factors to consider of the delay more the days of what we expected, it might each country have a different time zone and bank cut-off.

I didn't see which country you're coming from but presumably, all countries have a local crypto exchange that supports any bank transfer for a quick transaction as long as it is in a business day, you must have research on this.

Anyway, you might try BestChange for Wire transfer, some of them are automated and quickly transfer.

There's a big possibility that Illuminati really is connected with Bitcoin and there was a lot of prediction that connects Bitcoin to Illuminati.

IMO, Illuminati isn’t bad.  They were just antagonized as they are against Christian and they're intelligent and against the manipulation of religions. 90% involved in organizations are oligarchies.  New world order is also not impossible to execute and we have to normalize it.  As it won’t really affect us negatively.  It’s just that, I hope if it is the case, they would consider the people they rule since then.

However, that's will remain a conspiracy, and in theory, there's no real fact.

I tend to agree and you actually right.
I don’t really see the point of Bitcoin becoming a stable coin as since it was created, the only reason why we're all here is that we have the benefit of it being volatile.  It is really pointless to compare two waves as they have different approaches and reasons for becoming bullish.

Have you ever think why did we have this bull market that we enjoy today?  
Was the reason the same as what we have on the previous bull run?

IMO, I never expected the reason why it has reached what it is today.  It was a very strange approach but It happened.  Bitcoin was always an open book and I think if you don’t know it yet you had to read and study before you lose (just in case you have something to lose though).  The cryptocurrency will never please a person with your perspective.  So I would suggest for you to learn from it then.