Technical analysis: max bottom (at the present time) is between 12K to 14K, which represents the typical correction of the previous ATH cycles. The problem is that analyzes follow the trend without knowing the reason. - if you asked three months ago about the price expectations, you will rarely find someone arguing about the bottom.
- that bottom which (in the past) was about 30k or at levels above 20k according to the most pessimists.
What I mean is that as soon as we go down to those levels, more negative news will surface, meaning if the 12K levels are tested, you will find the fearful people show the 8K analysis without a convincing reason. Bitcoin Average Mining Costs dropping down which is a good indicator.
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On June, 19 our company celebrated a bright event — its 15th anniversary!
It is rare to find a company that survives for that long, and yet it is still developing. This means that your team is cohesive and has a good background in administrative, marketing and technical matters, so I congratulate you and hope to see your presence there for as long as possible. What are the big changes that the company has gone through over these years, 15 years is not a short period, and this means that you are ready before Satoshi writes the white paper, and what is your view of the coming period, especially with the economic pessimism about a possible recession.
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changed my signature post count: 1408 + this one
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share of Mining experiences will be useless to build any planning or ideas on mining because they differ according to the most prominent factors. - where you are and how much your electricity per W?
- Did you buy mining equipment and what is the price?
- Area, weather, and cooling process of mining equipment.
- Noise control (if you are in a remote village you may not care)
- Average mining yield and bitcoin price? Are you planning to hold coins for a long time and have enough cash to start?
- Opportunity cost (buying bitcoin instead of mining it)
And many, many more factors that make storytelling useless. The only thing you can profit from is the mistakes of others
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I will quote some numbers to help me explain the idea. 13% of the supply has not moved for 10+ years 6.6% of the supply has not moved for 7 to 10 years 3.8% of the supply has not moved for 5 to 7 years 14.7% of the supply has not moved for3 to 5 years 6.6% of the supply has not moved for2 to 3 years 20.0 of the supply has not moved for 1 to 2 years If you see, the largest number of those who bought recently sold, but those who bought in the past (70%) still keep those currencies, and if they do not sell them now, it is unlikely to do so within the next year. In short, what controls the market now is hot money, which represents about 30% of the total Bitcoin supply, that amount is still large, but large cash flows are enough to bring about real changes. This means that about 6.3 million bitcoins are controlling the markets at the present time, the total that was traded within 24 hours is 2,311,581 which represents about a third of the influential quantities.
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The average bitcoin mining has fallen sharply in 24 hours, so if this decline continues, it may mean that we are safe in the short term, but the next three months are crucial in determining the bottom. Bitcoin Average Mining Costs: 20.7k BTC/USD: 19.4K - The Fed's decision in July will determine the trends of hot money that may push the rate forward or backward depending on whether the interest rate will be raised or left at current levels.
- The Fed's decision in August-September will determine the nature of stagflation.
If we can maintain levels from $20,000 to $30,000, then this means that the possibility of crazy rises to 50 thousand is still very likely. Everything depends on the next three months, but for now, I don't think we will drop below 17 thousand.
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Cryptocurrencies contain a lot of fraud and attempt to inflate the price, so we will not take it as a reference in the discussions here. If we want to reduce the fluctuations of Bitcoin, we need to raise the market capacity to a barrier where we need to lose about a trillion dollars to reach a change of 10%. - Therefore, we need a market capacity greater than 20 trillion or half of it, which is something that takes a decade or two to reach.
- If we reach it with crazy fluctuations as it was in the past, it will be close to impossible.
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In these moments, the extremist analyzes will appear, whose owners are trying to appear that they are smart, considering that Bitcoin will go to either zero or to 10 thousand or others. All of these are arguments that are supported only by the fear of loss and it may not happen. If it happens, try to learn how to benefit from it, otherwise do not concern yourself with it. . What you are trying to say is a nice version of the statement that Bitcoin is dead. https://www.bitcoinisdead.org/All the times people said Bitcoin is dead, Bitcoin proves the opposite after a few years.
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I bought most of my money with an average of $23,000 and I didn't think we'd ever see levels below $20,000 but there is something very strange. - The recession is still in its infancy and has not been officially announced.
- However, all technical charts and analyzes failed to determine the bottom.
- I don't know who is selling a lot of currencies, but this is more than just panicking retail traders.
Bitcoin Average Mining Costs 30.2k and BTC/USD price was 20k and according to today date those values will change a lot. Total Hash Rate (TH/s) is decreasing lets hop bottom is 17k
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In Bitcoin, the currencies are either with you or at the second party, and this process does not take place until after coins added to the nearest block, while waiting for several blocks to ensure that the transaction is not reversed.
So technically, if you don't want your transaction to be confirmed, don't broadcast it.
After it has been broadcast, there is nothing to prevent it from being confirmed as long as the mempool is empty, but you can increase the possibility that it will not gets confirmed if the Mempool is full.
Spamming doesn't happen like that and it's often driven because with thousands of transactions, what you're trying to do is scam.
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If interest rates increase, it is natural that liquidity does not flow to these platforms or lending companies.
it is wise not to leave your money with them for nothing but that you will get additional money from leaving your money in safer hands such as banks and others.
An idea that is not your keys, not your coins, is not a luxury, but rather the basis and principle of the work of bitcoin, where ownership is transferred from one person to a network. No one can control it and you can only spend your coins if you have a private key.
This is if we ignore all the current risks, which are considered real threats, such as hyperinflation and stagflation.
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Hyperinflation is not a problem, but rather how to manage the economy. The current inflation is not an economic problem. Therefore, its solutions will not be purely economic, and some problems will need political and executive interventions such as supply chains, Covid-19 crisis, the global energy crisis, the oil crisis, and the crisis of the Russian-Ukrainian war.
Therefore, economic solutions usually will not be the way out of this crisis, but rather start solving all these problems independently and interconnectedly, in order to reach a controlled inflation.
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Mobile phones with their apps pulled the door out of physical BANK cards so why do I need to pay with a card when I can do it with my phone most of the time? - These phones have enhanced technologies, are better, faster and more secure than traditional cards where you can pay using the QR or NFC code.
- Traditional Cards Just Losing their fist place according to this Survey Thirty-one million Americans tapped a Visa contactless card or digital wallet in March 2020. you can read it from here https://www.nytimes.com/wirecutter/money/contactless-payment/
The behavior of banks in the coming months will be crucial in determining whether we will go through a global financial crisis, which may affect the banking sector or not.
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Stay away from Windows and all systems connected to the Internet if you want to significantly reduce the possibility of your computer getting hacked. I wrote about how to backup your wallet seed tools Bitcoin Seed Backup Tools[/url] and this is a detailed review by Jameson Lopp who tested more than 30 devices against a 2000 Fahrenheit flame for 10 minutes, 12 hours in a bucket acids. results https://jlopp.github.io/metal-bitcoin-storage-reviews/Results: - Simplicity is always the best: the more moving parts of the device, the worse in some tests.
- 304 Stainless Steel is the best.
- Most devices pass the resistance test but are bad in temperature and wear, so try to reduce the number of moving parts.
- Devices that can withstand high temperatures are often bad.
[/list]
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I have been accepted into another campaign, so I will leave my place for another participant, the week is still in its beginning, and therefore the new member will be able to complete the minimum posts without problems. thanks @Hhampuz
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The BTC address has received 6 "donations" (aggregate sum of 0.629 BTCs), some of which may be self-sends. Fortunately, the figure is low, but goes to show that people still fall for these things repeatedly:
YouTube is to blame for that, they monitor hateful, sexist, copyright content well but it takes a long time to answer scam videos especially related to cryptocurrency. Greed dominates beginners, especially if they found some positive comments at the bottom of the video, the number of views has reached a reasonable number and they has no technical knowledge. - The absence of the possibility to prosecute scammers made them continue to scam.
- Dealing with money using bank cards and PayPal gives a relative safety with the possibility of "refunding" if problems or fraud occurred.
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How can an argument be built on something meaningless if the United States regulates Bitcoin, will this ensure that its value is stable or less volatile, or what are the risks it is talking about? What is the role of regulatory frameworks that he talks about? To own fake bitcoins or invest in mutual funds/ETFs? my opinion - If ever all cryptocurrency will become regulated, that means all crypto employers can able to contibute in the economy. if that happens the economy of the country could also increase, although it will in control by the government.
Governments can impose exorbitant taxes and thus force users not to use cryptocurrencies. The role of the government, especially at this stage, as the price in the weakest cases may lead to a return the price to 2016 levels.
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Signature and Avatar updated
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Signature campaigns are a marketing activity and therefore those who want to advertise will calculate some account movement analyzes before starting to send money to the people who advertise. - Chipmixer campaign focuses on mixing bitcoins, so you will find that they do not care about active members of the altcoins section.
- Some gambling campaigns favor active members in gambling boards.
- Crypto exchanges/ NFT/ Defi want more posts in altcoins.
As for the payments, the campaigns pay them in exchange for obtaining members with high-quality posts. Those high-quality posts force the average user to stop and read it, which makes him see the signature and then may decide to click on it or use it in the future if he needs such a service. Assignment of ranks is always linked to campaign continuity. Campaigns with more money will prefer more members with higher ranks, and those with less money. Instead of paying $200 to one account, you can get 20 lower-ranked accounts. Merit is not considered a measure, but it is a filter to identify members with low quality posts, meaning Fewer merits means a higher probability that your posts will be of lower quality. The opposite is not true.
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Guys, what do you think about the new signatures? Such a kind of minimalism. Less wide signatures perform well in mobile browsers, so the lower the width of the signature, the better the results (compare most signatures and the Best Change campaign signature in mobile browsers) So if you can reduce the width of your private bitcoin wallet for desktop, you will get better results on mobile browsers. I tried to modify, but reducing the size will make the signature less attractive compared to the readability of all browsers, so the signature above is the best thing that can be obtained at the moment. If it is allowed to be WASABI WALLET it will look better.
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