Does the Tesla price remain the same (in USD), and will it remain the same? Because otherwise it might be both Bitcoin going up and Tesla price going down, so they get to meet faster. I don't think I'll ever buy a car because I'm against them, but Tesla is better than most because at least it's environmentally friendly. I think 1 BTC for 1 Tesla in 2021 is a real possibility, given how good things seem to be going and how close it already is to reality. But another question is whether a person would actually be able to buy a Tesla paying directly with Bitcoin or will there remain a need to convert it into fiat.
Tesla isn't as good for the environment as you might think. Its batteries need to be replaced every few years and they cannot be recycled in full. The process of making these cars isn't completely free of CO2. You can't produce a car without polluting the environment and is there such a huge difference between driving a CNG vehicle and an electric? It's cheaper to make a CNG car and electricity doesn't come from the environment. Most of it is made in coal or nuclear power plants. Also, teslas are way overpriced and full of bugs. |
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In general, the most important to remember is the no red flag rule. You see a single red flag, you bail. Don't let greed take over and make you ignore these signs.
There's a lot of them but some of the most common are:
Promises of big profits, asking for money, offering ridiculous gains of 50% a month or more, website with spelling/grammar mistakes, fake pictures, no employee details and no pictures, fake reviews, too many positive reviews, a lot of reviews added in a very short time, promoting via paid articles, employing scammers who used to work for other similar schemes...
There's really a lot of it and if you spend some time checking each and every case you'll find out they make mistakes. There are no ideal schemes.
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When you buy bitcoin you will make money. The only question is when. It doesn't matter what price you choose, all that will change is the date at which you'll be able to say that you made profit. It can take a year or 2 but eventually Bitcoin will go to a new high and you'll be set. That's all.
The price when investors matter in some circumstances because most of the investors are impatient and they can't wait for the 2-3years when the market may start another bullish season. That's their problem. Psychological aspects of investors are not a problem of bitcoin. Bitcoin keeps going up and keeps reaching new highs despite what some impatient investors think or do. It's important to see the big picture and realize that there's no bad entry point. There are better and worse depending on how long you are able to wait for profit and that's all. |
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You are right boss, as at the time i started with them there were many who rated them high but weeks after i have already fell to their scam i started reading very few bad reviews about them, in fact that is what really confirmed my initial feeling that they are scam and that is why i decided to place a withdrawal to confirm. One more thing is that for every 1 bad review they get, they will have 5,6,7 or more favorable reviews that will make you think the bad reviews are minimal, they have continued doing that every day till this moment. I believe they use multiple accounts as syndicate to review themself.
They can make hundreds of these fake reviews a day. There are companies that specialize in this kind of work, especially in the Philippines, India, Pakistan... The general rule in such cases is: if something looks too good to be true it usually is. If they claim they can double your money in 1 month it's a scam. If they were able to do it they wouldn't need your money at lousy 10% fee. They'd take a loan, quadruple the profit in 1 year and pay it back to the bank, leaving themselves about 380% of pure profit. The second day i received a call from a man who claimed to be their legal consultant. (...) The following day i received another call from another person who claimed to be for my mentoring (...)  <with an Indian accent> -Hello this is John, company's legal consultant, I'm calling to ask why you haven't deposited 50 thousand American Dollars. -I'm waiting for my withdrawal to arrive first and then I'll deposit. - Your withdrawal is handled by our accounting department, Sir. Please deposit money right away and you will be assigned a personal mentor. /pokes the guy next to him/ -your turn, call him! -Hello this is Mark, professional trader, I was assigned to work with you Sir. Have you deposited 50 thousand American Dollars? |
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I know how some of you might feel about the price, but many years ago people predicted that if Bitcoin ever succeeds it will be impossible for most people to even own 0.5 bitcoin.
We will never have 21 million bitcoins in circulation (unless we fork to make it so) as at least 2 million is already lost and more will be lost over time. How many will we have in 10 years? 16 million real usable coins? IMO we should accept the reality that 1 mbtc is a lot and by holding it you are in fact holding bitcoin. Don't make a mistake of thinking that without a full bitcoin you are not a bitcoiner, a holder, or that you will never make a profit.
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The rule was proven to work once again and I don't remember how many times I told it to people here on this forum.
When you buy bitcoin you will make money. The only question is when. It doesn't matter what price you choose, all that will change is the date at which you'll be able to say that you made profit. It can take a year or 2 but eventually Bitcoin will go to a new high and you'll be set. That's all.
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I wouldn't depend on history alone with Bitcoin. OP has stated that "History has never favored Bitcoin in January", but when has it historically favor Bitcoin? Based on what we've seen this year and in 2017 we could say that December used to be a good month, right?
Take a look at December 2014- January 2015 - strong downtrend in both months.
Bitcoin was also rising all throughout January of 2020 and holding steady in December 2019.
As you see there are exception to the rule.
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According to the definition "Taxable events are triggered by earning money, taking profits, or selling assets."
You aren't doing any of the above by moving your coins from one address to another. It wouldn't make sense if an investor had to pay tax every time he changed a broker.
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Using real money is punished by money lndry laws.
You're making big deal out of nothing. How many real money launderers are there? What percentage of cash users launder money? My rough guess is that it's less than 0.5%. I use cash every day and I don't feel punished in any way. I also exchange bitcoins to cash from time to time. If we want to save current money system we need to use credit based money only
People are already shopping online more than they did in 2018. It's not up to us to take the burden. The governments damaged the economy by shutting down various businesses and introducing lockdowns and quarantines. They should find ways to fix what they broke, for instance by lifting taxes, or give power to those who will. |
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Since 1 BTC is enough to put you in 1% of the population within the next 10 years (provided that bitcoin survives that long) it should be enough to ensure safe future. By safe future I mean that you will never be homeless or have to beg for food. It will make sure you'll have normal living conditions. To pursue your goals, education, private business, you'll probably need more than that and even more if you want to make sure your children will also be able to get proper education.
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He asked how much i want to start with, i said $500 and he said $500 is too small that i should make it $1000. Because if you made say 20% on your 500 and were to give him 10% of the profit, he'd earn a whopping 10 bucks in 2 months. He wanted you to invest more not because it allows you to make money and $500 not. It allowed him to make more money and you were to take all the risk. I'm fairly sure he asks everybody to double their investment. You started low (500), but if you said 10k, he'd ask you to invest 20. many people scored the company above 4.5/5, i came here to search for name whether it will be mentioned in any scam but i didnt get any negative information about them,  Not these people... Fake reviews are cheap. |
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I have the feeling that Bitcoin is becoming stronger with every year and that I won't be surprised by a bear market this time. In 2018 I thought I was ready for 6k and we went lower which took me off guard. This time I don't even care. I could take another 2 years of bear market and I believe that most long time hodlers became more confident after all these years. It could be the reason for even stronger bull runs and less volatile corrections.
As I'm writing this we're experiencing a small pullback from 33k, but it's not going to be the end of this bull market, you can quote me on this.
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$20k from $33k would be a 40% drop... extremely unlikely this early in the bull run.
I seriously doubt we'll ever see $20k again.
True, but we're talking about this year. It will depend on the length of this bull run. If it goes straight up, pretty much like it did today, it could end in just a few days around 50k and crash straight down with a normal dead cat bounce. If we were to fall now it wouldn't be fast and hard, but if we were to reach 50k next week it could correct to around 24k, bounce back to 40-45 and crash all the way to 22k because exact 20k wasn't a strong resistance on the way up so I wouldn't expect it to be a strong support. It's more likely to stop at 22k or fall all the way down to 19k. |
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This is a very strange theory. You believe that to gain health you have to be indebted or that to get money you have to sacrifice happiness, is that right? I don't see how that could be a general rule. Many people don't work hard and instead get paid for doing the things they love. People make money teaching other people, motivating them, healing them, doing all sorts of activities. Tell me how is a gym trainer sacrificing his own health and happiness to teach others how to work out.
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Luckily switched my bcash to btc 5 days ago. Waaaay to late but still greatly in profits already. Still have bsv though. Where can ı sell that into btc?
I did that just months after getting my forked BCH split from my bitcoins. I held on to a few for some stupid reason and sold them later, after the BCH bubble, but that wasn't a complete loss since I got a few BSV that I also sold right away. The whole narrative by Roger Ver and later CSW did not make sense. Anybody who read a bit about the deals these guys were making and the lifestyles of their "investors" such as that whole Calvin Ayre knew that it was all a well orchestrated cash grab. They weren't trying to improve anything or help the community, they were staging a coup to dethrone bitcoin. |
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Today's Date: 1/2/2021
Current Price: $31,175
Total BTC Needed: 32.07 BTC
It's funny but in my last post over a month ago we needed a whole 53.56BTC! Time flies, but bitcoin flies faster.
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I don't think that I will ever get rid of all my coins. If bitcoin ever hits 1m USD I'll be rich and it won't matter if I sell 1 or 10 bitcoins. I'll always have enough money to live by so I don't see a reason not to hold some bitcoins as backup, the way you keep money in any other long term investments. I'm planning to sell only enough to live by and depending on the value of bitcoin it will be a cheap or moderately expensive life  |
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In a way that's how facebook tried to make money with Libra. They wanted to connect cryptocurrency to your account, so that they'd know all your private data and shopping practices and be able to target you with personalized ads that would be like instant buy options. You wouldn't have to register anywhere or log in to your bank account to process payments. A girl would post a photo of a prom dress and she'd get an instant ad with jewelry and accessories in the same color. If she clicked that her private data would be sent to the vendor for processing. You can make big money this way.
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The greed and fear index had been high over the past one month and the volume traded had been same in the last one week but lower than previous. I dont know if buyers are more than sellers but I feel traders are getting more cautious even with the consistent rise in price. They think if the price is not controlled from here the dip might be more than what they want but we will wait into the middle of the month because January has not been an active market in the past.
The index will show you a general trend. In bear market it used to be in fear/extreme fear for months and in bull it's the other way round. Thinking that extremes mean immediate correction will only get you to lose money. In general there's 2 simplest ways one can trade here. You either sell a bit at each important step like 25k, 30k, 35k, and gradually exit as price goes up, or ride it all the way up until you see a double top or first signs of a crash. I'm still holding and don't believe we're in the last stage of a FOMO yet. |
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More like someone made some nitroglycerin at home or a decent amount of black powder. I can think of homemade explosives that would do more damage...
Doesn't look like anything of military origin like some gun enthusiasts or former soldiers might prepare, unless they'd want it to be weak.
most RV's have a fuel tank and the RV's gas oven canister.. filling the RV living space with the ovens gas. and then igniting it. would be super easy and with no cost. as its default explosives that come with an RV Sure it might blow the sides off the RV but wouldn’t cause much more damage than that.. I don’t think that would even be classified as an “explosive” at all.. Actually it’s not.. Much to strong for gas. Gas would just make a fireball and sound wave that would break windows. This thing fell nearby trees. I still think it's too weak for anything professional like c4, wired missile and so on. Doesn't compare with what ISIS could fit in their suicide cars. This was less than 30% of their load. You can even compare the area it damaged to a terrorist suicide bomb aftermath. |
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