1. No one knows. But if I were to guess, a bit more likely to be lower.
2. Nope. Gambling will always be attractive to a lot of people.
3. Nope. A better economic state can also cause a bull market.
4. It's also partly because of that, and the current state of the economy in particular.
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I Know everyone are entitled to their opinion in this forum but I was advised to ignore rank for now since am just a Newbie.
..or just totally ignore ranks completely. Having a higher rank(especially those with near-zero received sMerits), doesn't automatically mean you're smarter than a person with a lower rank.
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or sell it all and put into Altcoins that are likely to return much more over the next 2-3 years.
..assuming you actually find altcoins that are going to give you returns. This is like the typical "buy the S&P500 vs buy individual stocks" argument. Which is a better decision would totally depend on if you're actually capable of making good picks.
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Am I missing something or is the quote kinda dumb? That quote obviously only applies to wants, obviously it doesn't apply with needs.
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eToro's still the only one decently reputable platform for this as far as I know. But there's a new platform that's getting hyped up called STFX; not saying it's going to be good, but DYOR.
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Are you sure still now Bitcoin is on beta software? From where do you quote this? I am really curious. Wondering if it's only me that don't know Bitcoin is still on Beta software. I agree that doesn't put all money into Bitcoin, because it's much volatile and anything could happen at any time. However, even on beta software, I am still not worried.
It's arguably still is. Beta software mostly means that it's experimental(in which Bitcoin is still obviously is), not necessarily meaning that it will be full of bugs and glitches that could break the software/network.
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Go participate in any available section that you want. As long as you don't spam and don't plagiarize, you'll be good. In the first place if you're not allowed to post on a certain section, it wouldn't be available to you in the first place.
^Seriously, stop overthinking that Bitcointalk is some very formal community or something like that. It's really not, and you can be very casual here like how you talk to someone on social media.
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If I remember correctly MetaMask claimed they're planning on adding native bitcoin(BTC) onto MetaMask (ending up with MetaMask being a multi-blockchain wallet à la Exodus and Trust Wallet); but as far as I know it isn't live yet.
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I’ve been watching this GBTC and honestly the -35% discount is just too crazy to ignore. Basically it’s like buying at $13K or so. If Bitcoin dumps further it’ll be like buying Bitcoin at $10K pretty much.
Only issue? How long will you need to bag hold this before it actually meets par. I am guessing it’ll be years by the way SEC makes decisions.
Or better yet — will GBTC actually get to be converted to a Spot ETF someday? I have no clue about this regulatory-wise, but it's probably safe to assume that the chances of it not being converted to a spot ETF is non-zero.
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I'm not saying that this wouldn't cause a price rise, but take note that most bitcoin buyers don't give a crap about hashrate, and most definitely a lot of them don't even know what a hashrate is and/or why it's quite important.
In the end, it's far more likely and makes far more sense that the hashrate will follow the price, rather than the price following hashrate.
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It's just typical shady marketing. They're technically not wrong, it's just that they didn't specify the details. Be prepared to see a lot of those not only in the cryptocurrency space, but even in the broader finance industry.
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I don't really it will be useless knowing nothing about Bitcoin as the forum also have other topics of discussion.
Maybe not useless, but not so productive. Bitcointalk's great because you can discuss certain topics with other people; but if you wanted to join in on a discussion concerning something without even knowing the basic concepts of Bitcoin? You'd easily be left out.
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A lot of newbies generally think that Bitcointalk is some complex platform that you really need to study; but in fact, no — you really don't need to know the deep ins and outs of Bitcointalk. You simply just need to not spam and to not plagiarize, and you'll be totally fine.
^What's far more important is your knowledge with Bitcoin and cryptocurrencies in general. Bitcointalk is just an online forum just like any other online forum. You can go as deep as understanding the forum's software code but it would be useless if you don't know crap about Bitcoin/crypto.
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I don't know why, but screw his identity. I'm kind of more curious if "Satoshi Nakamoto" is actually a single individual, or a group that consists of 2 or more people — and if it's actually a group, how many people does it consist of?
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I agree, and what we saw in the previous cycles is the norm for a highly volatile asset, without a major influence on the price of millionaires or Hedge Funds.
In this cycle we did see the influence of billionaires, like when Musk bought and sold, but the drop in these months is more due to cascading liquidations of leverage positions and panic selling when it was revealed that Celsius and others had problems.
Yep, in the end it's going to be caused by a lot of factors. It's never just retail or just billionaires or just rich institutional investors or whatever other kind of participant there is — it's going to be a mixture of everything.
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You know what's a hilarious outcome? If this bizarre meme-ish ETF actually gets approved but yet we still can't get a single US-based Bitcoin spot ETF to be approved by the SEC.
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Trustpilot is not a good place to check if the site is legit or not. It's always best to ask it here on the forum than to check reviews from sites like Trustpilot.
This. Sites like TrustPilot are utter crap that I don't even consider them when doing research on anything. You're better off looking for reviews on Reddit, some forums, and other social media sites. Of course obviously reviews on the likes of Reddit can also be faked, but the chances of them being fake are far lower. And as always, be skeptical. Also OP, just don't use trading bots unless you can configure one yourself. Use Gekko if you're going to be serious.
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Not necessarily. The previous bull runs — especially in near peaks, mindless retail "investors" who just jump in on hyped assets had heavy participation. Them panicking is what cause the heavy drop as well, as it causes a domino effect.
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Really all what matters is the Bitcoin halving and whatever upcoming estimated dates we have for important softfork updates — everything else is just meh.
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Why should it? Finance (and probably investing in general?) is a far better and far more important subject. Bitcoin and cryptocurrencies are just a subsection of the broader topic that is investing.
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