we love technology so much - but this technology especially the smartphone has changed the lives of people altogether.
most of the time - my mother gets so much lost in phone that I quietly leave the room. It is not only the kids who are being affected - its equally affecting adults as well.
Then, does everyone have to blame technology at this point? Especially for the smartphone you said, where everyone has to use it for whatever we want. Okay, now I'll give you a little analogy for this so you can clearly compare it yourself. For example, like someone who uses a car to hit everyone, can we think of that car as a product of getting lost in life? You need to know that technology is never wrong to be born and developed properly as long as the user of the technology himself can use it wisely and this technology can also really help him in carrying out every job in life. Then where is the fault? The answer is the user himself. Because if the user cannot use technology wisely and continues to be negligent by not caring about his own time, he will regret not using technology where he should use it. The smartphone is a breakthrough technology that has greatly changed the lives of all people. Computers and the Internet appeared long before the appearance of the first smartphones. However, smartphones have allowed people to be constantly online. In fact, a single universal space was created, an analogue of a huge collective consciousness. The smartphone has changed all spheres of human life - work, entertainment, communication. If you use smartphones for work and self-development, then this technology is incredibly useful. The downside of this technology is the possible likelihood of developing a painful addiction to this device. Change is simply inevitable. Advancements in technology are meant to ease our lives and misuse is another thing. Imagine needing to mail just for your loved ones to know that you're in emergency. Not being able to be updated with different news simply because your resources or access to television is limited only to few chanels. Having a hard time to cook because you are using charcoals. And the likes. Is it really the advancement or the way people are using those changes which puts them in a bad situation? How would something meant to ease your life as an individual make it worse? These wuestions would answer the statement or argument about why does it seem that the situation becomes worse as years are passing by. |
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Many would say Ethereum and Bitcoin because major cryptocurrencies are having higher chances to endure market downfalls if the situation we are seeing, would continue up until next year. Good grief that the market somehow showed recovery in the past few days but it is just hard to think that it will continue for a long period of time. What's more likely to occur is correction afterwards. The reason why the market price gone up right now, is not a concrete factor to push market prices to again break barriers. Going back, holding these mentioned coins would be an advantage; if the price would go down these two could resist to not fall that much unlike with other smaller cryptos. And once there is a bullish trend, these two would more likely lead the run.
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I think ETH is not really that much of a risk at all, it is actually the second biggest coin and for a while it was so close to bitcoin as well in marketcap, couldn't flip it but it was close.
No matter how stupid someone thinks Saylor is, the man just invests in Bitcoin in various ways and is responsible for his actions, which is the hallmark of adults and responsible people. Regardless of the current price of Bitcoin, in the long term it is a better investment than any altcoin, especially the one you mention, and especially after it moved to POS. This made the centralized project even more closed, and also subject to various internal manipulations that could result in a disaster at any moment. Furthermore, do you know what gives the project its size? The fact that Vitalik does not even know what the max supply of his token is, and although he said it was 100 million, it is currently 122 million, and now he claims that it will still be 150 million. In other words, x6 more tokens in circulation put it in second place by market capitalization, which is pure manipulation and nothing more. If I am being honest with you, I do not think Michael Saylor is stupid for investing in bitcoin, however, he says many stupid things similar to what is shown in this video. This was taken from an interview when bitcoin was trading above $50k. https://m.youtube.com/watch?v=wIhTGB3wqV0&embeds_euriIf many people followed his advice, they would have lost more than 50% if they invested all of their savings, they would also be paying interest rates on mortgages and loans while having a 50% loss. Bigger personalities would creata bigger effect with something in the market which has a demand because that is simply how influence works such as with Elon. But those who are just following and are not making counter claims would more likely be the ones to suffer. Not everything influencers have said should be followed especially if you know to yourself that it won't yield to a same positive result on your end. It is okay to ride with the wave but atleast do not limit yourself with that wave alone; this is an ocean. Given that we have different capacities and capabilities as an investor, we are free to either follow or not, what bigger investors are doing and advising. |
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I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.
along side there are big companies which are firing their staff members- amazon being on the top then comes twitter. There is already so many jobless people. This would result in more crime and robbery. The inflation is already at the peak. where is the world heading towards. That is alarming. Quitting doesn't mean the employee will no longer seek for another job, they are simply wanting a better treatment or working environment(to some cases). I'd do the same thing if I would be uncomfortable with my job but that's indeed true, it is hard having no job at all. I also want to cut the relation of crime rate to people who quit their job. As I've said, quitting won't make it certain that the individual will be homeless or jobless forever, that depends on them. In terms of going for the exist from a company, reality is, there are really many job opportunities out there having different standard but you would be able to get one if you can sacrifice some factors if you just want to such as lower salary or toxic environment; depending on what you can endure. |
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To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.
It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't. As we all know, the anticipated increase would be on 2024. Bitcoin and Ethereum I guess, are the only tokens which would be and could be trusted for holding that long. Well, there are others such as stable coins but profit won't be as promising as with the major coins. Altcoins on the other hand would be giving or generating bigger profit due to its higher rate of increase during a bull trend but it is hard determining which token would be the right choice which creates risk for long term holding. If you're an investor with altcoin preference, this is not the right time to enter for the next anticipated pump. Unless you are willing to trust that much and gamble on your altcoin prospect. |
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I have a friend that works in the US with 3 jobs and all of them is a side hustle that is not on the list like restaurant waiter, fast food chain cashier and utility aide in a hospital. He is now a millionaire here in our country after many years of spending hard work on those jobs that only categorized as side hustles. Is hustle salary in there is almost equal to the minimum wage of corporate worker or there's a huge gap in the value?
Depends on what you would be engaging yourself into. The advantage of side job is being able to compress your schedule and to be able to earn more basically. But if you will just be earning minimum with three jobs, better find a single one but has decent salary instead. On the usual, ofcourse it would be logically higher and it should be because you are simply having bigger workload over regular employees. If it is just equal there is a problem with your decision making 'coz you'd end up overworking yourself. The term I guess, being used at the present is freelancing on different fields. No matter what you want to call it, the goal is simply to earn more and if it is not being met, be worried that you are just wasting time and energy. |
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the pattern.. but not the prediction:
2011 up(ATH)
2012 down
2013 up(ATH)
2014 down (below '13 , but up from '12)
2015 up from last(below '13, but up from '14)
2016 up from last(below '13, but up from '15)
2017 up(ATH)
2018 down(below '17, but up from '16)
2019 up from last(below '17, but up from '18)
2020 up from last (up from '19)
2021 up(ATH)
2022 down(down from '21 , but up from *20)
2023 up from last (down from '21, but up from '22)
More accurate. It is still fresh of what happened year 2018 wherein many investors have lost huge mount of money because they did not expect a sudden downfall with its market price. Which is somehow worrying me a bit that the dump which occured late last year, could also last for more than 2years. Enduring it is possible but that's just hard to see if you are used of generating profit from investing. But actually, there's no such thing as pattern in this industry; inconsistent and never continuous. It will just be seeming to be continuously increasing across different price points over years but in reality it is not if you'd come deeper with the details. |
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CIP report, definitely. But I doubt the increase would be continuous. I was aware already of the possible pump this year but I never thought it would be as early as with this month. I've heard it from a stock investor which is my workmate. He mentioned just this week that there could be a recovery with things but he expected it to occur on the third quarter of this year. On the other hand, it is hard to see that the increase would be continuous because the reason for it is not as strong as with the previous pumps wherein a huge country adopted this technology and such. So maybe, the increase with demand won't support the increase with countinuous and consistent approach. By early 2023, however, Bitcoin has already begun to show its true form. We all know that the Bitcoin market reached 21290 USD .If we now observe the current price of Bitcoin, we can see that the current price of Bitcoin is 20 thousand 814 USD. Hopefully this is how Bitcoin will move forward and Bitcoin will touch its all-time high by mid-2023. Because overall market seems to be very positive at present.
We're far from that, I think. I'd still assume that the true bullish run would occur because of such event as Bitcoin halving or factors which are directly towards this industry. |
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I cannot see any reason that it won't. Most people are satisfied with what they are earning from their jobs but to those who has a business and a side job, they'd earn as much as possible to aid their expenses and as long as their time could manage. Expenses are not constant while salary is. Even if you have savings from your salary alone, that won't last forever unlikely of having another source of income which would obviously add to your 'normal income' which will basically stretch your capacity to pay the necessities. So yes, it would definitely improve one's financial capability rather than stability alone. Extra income always come in handy, side job is not bad at all because there is always some expenses that you never planned for, it sometimes just come out of nowhere, especially for a man side job is very important unless they made more than enough from their main job or business.
Actually I don't like the idea of relying on one job, with time things can take a drastic turn, even with your own business, in time things could change and you will lead to either abandon that business for another or find means to upgrade.
Well, I do get those who are doing fine with one job because there are high paying jobs. But if the salary is not that high, I cannot see any reason for them to not strive for a bigger salary. Some would adjust their expenses than to adjust their sources of income. |
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Anything that has a demand will have a value. Demand on the other hand has many factors affecting it to either go up or down. Bitcoin as an example has a demand not only because of its advantages over normal digital currencies such as faster and cheaper transaction fees. But more importantly, people are making use of its price volatility to generate profit which is somehow a domino effect which could result to a higher price meaning, higher profit. I believe all those main factor listed above will not be valid if people didn’t trust Bitcoin to begin with. Anyone can clone Bitcoin because it’s open source and start a new token with same feature but ofc people wouldn’t trust it since it’s not Bitcoin.
Holder trust and confidence on Bitcoin is what gives it value up to this point. All the valid point mention are the things people see to trust Bitcoin.
I view it more as drive to earn profit than trust alone. If it is trust alone, people will easilu get rid of this technology whenever the market price is falling, but since all of us are wanting profit, we tend to hold despite of down trends in this market. Regarding alternatives, they do recieve the same attention but since people are aware of how fast prices do change, they often move from one coin to another. |
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Safer in comparison with other cryptocurrencies in this industry but won't give the assurance that loss would be avoided. Its market value still is also volatile just like the others but atleast it would give you a bigger chance to avoid huge losses, as an investment or asset. Ethereum has a large chain being used in different projects and transactions which makes its 'support' both in its price and this industry in general, strong. Which is why ehenever there is a bull run, it is one of the leading cryptocurrencies to follow and whenever there is a down trend, it is one of the tokens which is able to withstand or endure the decline with the market prices. Relatively speaking in terms of crypto yeah its pretty safe but no crypto is safe for certain. We've all seen what happens to even the "safest" of projects or businesses, they can collapse in a moments notice. As the story goes don't put in more than you are willing to lose.
I think those coins that collapsing are quite different with eth, luna is coin released by certain foundation meanwhile ftt is utility coin released by ftx exchanges so I think it couldn't be compared even though indeed there's always risk of collapsing but with eth it's gonna be different. you see luna crash also because of its ust coin. i'm sure eth will just exists like btc since it has proven so many years that they still stand until now. The quality of Ethereum is unquestionable and I don't see the coin collapsing, for risk I think every investment will always be there and that's what we need to minimize, what is clear is that Ethereum will remain the top coin and a safer investment than any other altcoin. If it is the probability to collapse, all cryptocurrencies has it, on the boradest sense of 'tendency' especially if there will be something big to pull its name down. |
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Let me tell you something, do not believe that anything cause this present bull run other than it is just time for bull run to occur.
Maybe you are right, at the right time bitcoin will go up for no reason, we have been in a sideways and bearish situation for a long time, so bitcoin recovery should also be considered normal. Because no market goes up forever and no market goes down forever. The fact that bitcoin is still a market that is manipulated by sharks, they can pump bitcoin whenever they feel like it, so we shouldn't be too surprised. Bitcoin is on strong bullish momentum, breaking all predictions, and all previous technical analyses, bitcoin is really unpredictable. The market price increase was so sudden and seeing it is already something to be happy for. Question is; how high would it be? The CPI really made an impact on the market price of Bitcoin as well as with the stock market (not still being felt I guess). Actually, I've anticipated such thing but for the last quarter of this year and I still think that the increase won't be consistent. It could be continuous if such report will be followed by another positive news about this industry which we should hope for. So that's indeed true. To those who are planning to ride with the wave, expect that profit won't be earned easily. If there will again be a sudden fall, be ready. |
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Indeed the increase at the present with the market value of Bitcoin and other cryptocurrencies are promising, especially from being down for quite some time. At first I thought that crossing $20k ceiling would be the start but not to be a pessimist; seeing the rally to be continuous is still hard. There's nothing supporting the increase we are currently seeing which makes the buying pressure not as strong with what we have saw before. Thus, riding the wave is somewhat scary to do. On my end, I will be waiting for a more visible trend line because I might end up being crushed in the middle if ever there will be a sudden downfall with the market given how unexpected the increase was.
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The market right now stabilizes at the certain price point and it is hard to tell when will recovery really begin. All I know is that if it crosses $20k market price for Bitcoin, then there is a chance for a higher market value but won't guarantee a continuous increase given that factors are still lacking. In every bullish trend ,there is a reason and we are still waiting for that one. Right now, that reason I guess would happen in 2024 because of the anticipated Bitcoin halving. And for this year, there's nothing yet. But If I'm not mistaken, there is an anticipated increase with stock market on the third quarter of this year which MAY have an impact to this industry thru indirect influence, so maybe it could be one of the possibilities.
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My experience with indicators has not been a pleasant one because these usually lag & are several steps back as compared to using naked charts to read the price action. And looking at the line chart of the glassnode in the OP this seems like a trending market and a bullish one for that fact...so do I need to read this inversely to get the true picture of the market  Well that is a weakness that all indicators have since they analyze what has happened already, and since most of them are some sort of average in which many past periods are taken into account then this tendency gets even worse as they do not really tell you what is happening at the moment and it is up to the trader to try to determine what could happen next based on their experience and their skill, still I find them useful as they can help you see more clearly a certain aspect of the market and take a more informed decision that way. 'coz long term investors usually disregard seasonal increase nd decrease with the market price. They only view things on a yearly basis. To some it is advantageous wherein they'd be free from stress of minding every downflal on market value but there are also times they're at a disadvantage for not being able to make profit from sudden spikes on the market price. So maybe, it is just a matter of preference. Short term investors would make more (if they know when to buy and sell) in a shorter period of time but they'd be exposed on more risk because they are 'moving' a lot. If we would base on any BTC price chart on a long term perspective, it would seem that its price is continuously and consistently increasing but on a closer look, it is not. |
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As others have mentioned, Bitcoin is just known to be the first cryptocurrency and also for having the largest community and value over other cryptocurrencies. But I doubt that investors of it are having a better 'situation' over other tokens' investor. Things are the same because once a 'trend' is present, market prices moves as one. The only difference is the rate of increase ofcourse wherein other tokens have higher rate of increase but also higher volatility. Bitcoin generally when it trends or whenever goes up its lift all other cryptos alongside him. So a good bitcoin projection means a good crypto market.
Not all the time. Sometimes trend comes from other currencies such as when ethereum way back 2020 had an increase and Bitcoin just followed but indeed BTC is a factor which makes the increase continuous. It is a matter of influence; its community size prolongs a trend either bullish or bearish. |
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In any form of investment, you should separate your emotions from your action especially with this blockchain wherein the market price is changing from time to time. If you'd be eaten by your emotions whenever the market price moves, you'd end up with huge loss. This market is unpredictable in the first place so expect that things won't be easy. There will be times you will need to set aside frustrations perhaps, to avoid making your losses bigger. There will be times you need to calm down and be patient. Also, times you have to accept that things won't always come in accordance to your own liking. That's just how this market works. Those who will be eaten by emotions will push their way to earn profit. Since things are not certain, attempts of creating profit might become a way to lose more.
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Yeah just like everyone were saying Bitcoin transactions are can be tracked in the blockchain, as it serves like a huge ledger that records each and every transactions, but your identity remains kept, it was only your Btc address are visible, but not until you use a centralised exchange that requires KYC.
If your transaction ends up to that specific CEX Btc address, then that's the time you'll going to be identified and that your anonymity are completely lost.
Anonymity does not work that way. An address would be surely found in the blockchain but knowing who's behind that address would be a different thing in which for me shows the true anonymity in this industry unlike with centralised payments wherein online wallets are registered. If you're a daily consumer, you won't that much be able to appreciate this aspect of this technology. But if you are a big consumer, importing and wxporting gooda, then you'd be able to escape huge taxes to the government. It is more of an smuggled transaction if I would be asked. You're still safe even if people would determine or emphasize a certain one, but they won't easily be able to know the owner of the address. |
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Tho projects who are not paying are simply wanting free promotion from the participants in order to attract investors and eventually abandoning the project once they've earned from it. Such thing is not new from faucet days up until the present. This is the downside of 'investmwnt free' projects wherein players will be given an opportunity to earn tokens from projects without requiring them to put money into it. Likewise with some signature campaigns. Frauds are just surfacing this industry because those who are fraudalent takes advantage of the anonymity being offered by this technology.
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Applause to those who does but I don't see this as a requirement. At this point, Bitcoin and other cryptocurrencies are still not on 'safe' state wherein new investors could fall at risks involved in this industry. Ofcourse seminars would help them to avoid unfortunate actions towarda this industry but risk will still be there regarding market price volatility. Given that not all people would be able to cope up with the downsides of this industry, I think inviting more people into this, is not yet advisable. Make them more knowledgeable indeed but it would be different to some people. Not all would cope up with the do's and don'ts therefore they'd still be at risk. The only time I'd advise this industry to non-crypto users is when price stabilizes.
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