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2861  Bitcoin / Bitcoin Discussion / Re: Invest in Bitcoin now so you don't have to regret it later. on: January 29, 2023, 11:20:36 AM
I'm furious at myself for not purchasing bitcoin sooner. Though I'm a happy man now because I can now smile at my wallet.
---
Invest now, so you will not regret it later.

This is just another thread about regretting that someone didn't buy Bitcoin when it was only worth a few hundred dollars, but what is the use of it when time cannot be turned back. Even if you had invested then, can you say with certainty that you wouldn't have sold 2 or 4 years later and that today you wouldn't still be furious that you did it?

You say "invest now?", but what about those who have no money, or who do not understand what they are investing in?
2862  Bitcoin / Bitcoin Discussion / Re: Who else have my kind of mindset for Bitcoin 2023 on: January 28, 2023, 04:47:27 PM
Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

Every year is good for Bitcoin, it just depends if you are a beginner who wants to buy as cheap as possible, or if you are someone who bought in the past and wants to sell at a higher price. What is always wrong is to be under the impression that this will be a good year because the beginning is good, although there is a saying that the day is known by how good the morning was Smiley

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Your mindset should have nothing to do with such insignificant things as whether you will look at the price of BTC today once or ten times as if it has anything to do with whether you think Bitcoin is good or bad at some point. If you didn't look at the price in the next 2-3 years to know when is the right time to sell (assuming that's your goal), how would you choose the right moment to take profit?

Imagine a situation where you don't look at the price for 3 years, and then you realize that we are in a bear market again Roll Eyes
2863  Other / Meta / Re: New bitcointalk rank? 🔥 on: January 28, 2023, 04:22:28 PM
For example :

Legendary (airdropped) remains the same as before.
Legendary achieved without airdropped merits (coin color change).
Legendary who earned over 1000 merits after airdropped merits - maybe call them Legendary Veteran.
It is too complicated and makes forum ranks, badges look more messy. I don't support it.

I visited some other forums as a guest and saw their ranks, badges are abundant, unnecessary colorful and messy so I don't think I need it in Bitcointalk.

It's not that the forum has too many Legendary members that my idea would look "unnecessarily colorful and messy" if nothing would change for some, others would get a change in the color of one coin, and the third would get the title of Legendary Veteran. I think that this idea is much more acceptable than that of depriving some Legendary members of that rank if they have not earned x amount of merit in x years or something similar.
2864  Economy / Speculation / Re: Bitcoin might reach $30,000 in the first half of 2023 and $50,000 in the second on: January 28, 2023, 04:04:15 PM
Quote
Bitcoin might reach $30,000 in the first half of 2023 and $50,000 in the second

From same article"According to analysts, there is a good possibility that Bitcoin will experience a bullish surge. As per experts, Bitcoin will keep growing in popularity in 2023, and if key factors stay the very same, this trend should continue into 2024. When Bitcoin hits its crucial support, it is known to recover. At the end of 2023, the price range of US$32,000 is anticipated to be broken.

Your title and what is in the article from which you draw information contradict each other, because the title claims that $30k will be reached in the first half of 2023, and even $50k in the second half, while the article says only $32k, which should be reached by the end of this year.

Of course, you're just using the data of a bunch of thrown speculations, but what does a professor from Sussex University know about Bitcoin, as well as all those "experts" who boast of good numbers when the market is in the green, and bad numbers when the market is in the red... You will still have to wait for that "moon" to happen, because everything below the last ATH is just a recovery, and I personally expect a real bull run only next year.
2865  Economy / Economics / Re: When your passive income equals or slightly above your salary, what would you do on: January 28, 2023, 03:38:36 PM
~snip~
If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

You've been doing a job you don't like for the past 4 years, and it didn't occur to you to look for a new job during that period? In my opinion, that would be the most reasonable solution, far better than quitting your job and relying on that other source of income that you didn't specify, but if that other source is in signature campaigns, then don't even think about quitting your job.

No matter how you look at it, two sources of income are always better than one, and it's unlikely that you'll run out of both at the same time.
2866  Bitcoin / Press / Re: [2023-01-26] Goldman Sachs Described Bitcoin As Best Performing Asset of 2023 on: January 28, 2023, 03:10:52 PM


"We expect further declines in the future given our view that these cryptocurrencies do not fulfill any of the three traditional roles of a currency: they are neither a medium of exchange, nor a unit of measurement, nor a store of value."

We can't say they were completely wrong when it comes to cryptocurrencies in general, but when it comes to Bitcoin it's hard to find any significant bank or financial institution that thought differently 4+ years ago. Banks should therefore never be a benchmark or an indicator of someone's decision to invest or not in something - they just want to appear smart from time to time, as if no one in the world knows elementary mathematics.
2867  Other / Off-topic / Re: Knowing backup and recovery methods is the very important on: January 28, 2023, 12:09:27 PM
~snip~
Not everyone can afford a hardware wallet but yes it's recommend to write down seed phrases somewhere safe, I do not and will not recommend storing wallet seed phrases on your phone either through PDF files or .DOC files, they get compromised easily this way, few mobile wallet allow 2FA that's why the point is pointing to mobile crypto wallet too.

Anyone who can afford a smartphone should also be able to afford some cheap hardware wallet, because I think that HW is even cheaper than a lower class smartphone. I know that some people have problems buying HW because the problem is caused by customs, maybe the manufacturer does not deliver to their country or there is some other reason, but using a smartphone for crypto trading, storage, and downloading various applications is nothing more than a big risk.

I think there is still a recent story of a member who lost or had his smartphone stolen with a significant amount of cryptocurrency stored in it, and of course he had no backup. If you are already using a smartphone, then be especially careful with your every action, because every mistake can be expensive.
2868  Other / Beginners & Help / Re: A fortunate story of a crypto mentor on: January 28, 2023, 11:58:00 AM
I set things for myself in the following way when it comes to what I want to invest in crypto-currencies in general, considering that, like most, I was curious at the beginning and did not focus only on Bitcoin. I tried to save on things that I considered unnecessary in life, so I stopped smoking, eating fast food, and instead of a lot of low-quality alcohol, I started drinking a little high-quality alcohol.

All that money was diverted into investments, and part of it was of course unsuccessful, but it was not difficult for me to bear because I know that it is better to lose it that way than to spend it on things that destroy my health. Given that this board is read by beginners, maybe this experience of mine will be a good guide and motivation for some to try to do the same thing.

Of course, we spend money on a lot more unnecessary things, and everyone can decide to give up something and try to invest in something that will bring them profit and a better future.
2869  Other / Meta / Re: New bitcointalk rank? 🔥 on: January 28, 2023, 11:45:49 AM
I remember that day, when the merits become a thing in the forum. Since I was a Legendary user at that point I get instant 1000 merits, and when I realize other users have to get those 1000 merits to become a legendary user I really feel bad for them.

You are looking at this matter from a completely wrong perspective, because nobody got anything as a gift, not even those 1000 merits. All members who were Legendary rank before the merit system remained at that rank because they got it according to the old rules, and if the merit system had existed before, some of us would have earned it without any doubt.

The only injustice (if we'll call it that) is that some shitposters invested only their time to become Legendary, and today the rules are different and apart from time you have to invest a lot of effort to reach the same rank.



The new rank is not something that makes too much sense to me, but I think that if such an idea were to come true, it should be awarded to those who, for example, earned over 10 000 merits, because it is still an achievement that is worthy of some kind of award. What I would also suggest to make is some kind of difference between the Legendary rank that is achieved only with airdropped merits and the one that is achieved exclusively with earning merits.

For example :

Legendary (airdropped) remains the same as before.
Legendary achieved without airdropped merits (coin color change).
Legendary who earned over 1000 merits after airdropped merits - maybe call them Legendary Veteran.
2870  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 27, 2023, 04:12:33 PM


I would add that it is perhaps one of the most underestimated of all, but only for the reason that central banks, the World Bank, the IMF and similar institutions are not behind it. This perhaps best speaks of the state of the human mind, which is in most cases not ready to accept any revolutionary changes that are not blessed by their dear leaders.
2871  Economy / Reputation / Re: My Apology to Bitcoin Community and Request for a 2nd Chance on: January 27, 2023, 03:53:59 PM
I think most people deserve a second chance and I know many have gotten it on this forum, but in this particular case I agree with @lovesmayfamilis and I wonder how many chances the OP deserves if this is the third or fourth? I'm not one of those who was harmed in any way by the OP's actions, and I'm not one of those who supported the flag or left negative feedback, but all those who have a part in it should think carefully about whether it's time to change their opinion.

There is a saying that says "the wolf changes its hair, but its temper never changes".
2872  Other / Beginners & Help / Re: If you think 21,000,000 BTC is not enough for everyone then you are wrong! on: January 27, 2023, 03:03:22 PM
21 million is quite enough and I think it will be enough in the future, because no matter what some expect that a mass adaptation will happen, I think that Saylor and similar people are just exceptions who are far ahead of others when it comes to Bitcoin. From 2009 to today, there was enough time for a lot more people to decide to use Bitcoin, but less than 5% of the world's population did it, so I don't believe that in the next 10 years that percentage will be more than 15% in the best case.

If the price rises to some six-figures, then even 1 million BTC on exchanges will be quite enough for all those who want to invest.
2873  Economy / Web Wallets / Re: Blockchain.com stole my money, please help me on: January 27, 2023, 12:18:16 PM
@Sherif1258, can you confirm that it is a wallet that you created and used in the past without problems? It seems to me that you may have several accounts and that you may have mixed them up, although I would not rule out that it is an internal error, which were not rare in the past when it comes to this service.
2874  Economy / Economics / Re: A True Leader With Economic Vision. on: January 27, 2023, 11:29:24 AM
@stompix, the OP is not the only one who has that opinion, because there are many who promote that site on this forum and through social networks just because of the domain name. People simply live in the delusion that everything with the name bitcoin in its name is good and positive, but those of us who have been with Bitcoin for a little longer than 1 or 2 years remember well the attack on Bitcoin orchestrated precisely with the help of those people. Bitcoin Jesuses turned into Bitcoin Jews overnight, and will remain so for the rest of their lives, regardless of whether they have ever done anything good for the Bitcoin community or will ever do it in the future.

However, I am optimistic and hope that the OP has learned something from all the posts he can read in this thread.
2875  Other / Beginners & Help / Re: we always regret once the price go up on: January 27, 2023, 10:58:11 AM
There's an old saying that it's not worth crying over spilled milk, and I think everyone should think that way because everything else doesn't make sense. There are people who, in the very beginning, made some quite normal transactions related to Bitcoin, and today they do not seem very logical because the value of BTC has changed - so that famous pizza was paid as much as 10 000 BTC, which seems incredible from today's perspective.

The fears that people have are sometimes justified, but the news that the price of BTC will fall to zero or something similar should never be considered as something that affects our decisions, because it turned out to be only a good tactic to scare weak hands. Sometimes it's good to trust your instincts and not rely on various unreliable news, 90% of which is usually garbage that attracts you with some clickbait headline.
2876  Economy / Speculation / Re: Could this be the reason for the recent rise in Bitcoin price? on: January 26, 2023, 04:30:09 PM
Did you maybe read the article, any of the ones you linked? Nowhere is it mentioned that it is ransomware, nor that any kind of ransom is being demanded, and even if this is miraculously true, do you think that the attacker would demand such an amount in BTC that it would affect the entire crypto market? Even if governments decide to buy BTC, they would certainly not do it on the open market, but would use OTC.

Quote
They do have a rough idea of what caused it, and it's linked back to this corrupted database file that appeared to be getting uploaded, and then they thought the issue was fixed. All of this goes back to Tuesday afternoon, you know, more than 12 hours before passengers started to really feel the impact. They thought it was fixed. Then they had to go back. They realized they had the same problem, and then they essentially decided to pull the plug and start the system over again. And this is quite an old system, right? It goes back to the '50s.

JOSEPHS: It does. I mean, they are in the process of modernizing it. The issue is with this bad file. And if you've ever tried to attach something to an email that, you know, maybe it was a corrupted file and you just kept hitting the same wall and the person receiving the email wasn't able to open it...
2877  Economy / Services / Re: IPTV services for bitcoin on: January 26, 2023, 03:55:40 PM
I don't think these services are limited to some countries. These services are available worldwide. On doing a simple google search i found this site

I did not claim that the service is limited to the mentioned countries, but that the list of programs they offer is made up of programs from those countries. It is easy to check if you click on the tab List.

Anyways i was unable to find anyone offering these services on the interent.

You must be kidding, there are hundreds of such services that offer IPTV even with Bitcoin payment.
2878  Economy / Speculation / Re: Bye Bye Bear Market :) on: January 26, 2023, 03:35:50 PM
The best argument for bye bye bear market is Asian countries with the highest adoption of bitcoin and the cryptospace are beginning to buy now which might help avoid bitcoin from dumping lower. It might also be good to start closely following the news from Asia on crypto regulations and developments to have some idea on what might the future appear like.

I don't underestimate the Asian markets, but I think that the purchasing power is still much stronger in the west, although it is obvious that people in countries with a lower standard are far more interested in Bitcoin. According to some research, Vietnam, the Philippines and India are in the top 5 countries according to the global adoption index, but at the same time, from time to time we get bad news from India about how they want to ban cryptocurrencies or increase already high taxes.

Something similar to this news, in China, they appear to have begun reversing their policies against digital assets starting with NFTs.

I would say that it is quite unrealistic to expect that China will change its attitude towards Bitcoin, but it does not surprise me that this attitude can change when it comes to some other forms of crypto assets. Absolute control has always been China's first priority, and they certainly cannot achieve that when it comes to Bitcoin. In addition, a complete change of policy towards the entire sector would mean that they admit that they were wrong, and the communists avoid that at all costs.
2879  Economy / Economics / Re: A bullish case: HOW MUCH #BITCOIN to get rich and fund your lifestyle? on: January 26, 2023, 03:13:13 PM
Becoming rich is not that difficult, in the big scheme of things. One good idea, a bit of luck, or an incredible skill (think of Leo Messi) can lead you to become very rich.
The difficult part is staying rich. Securing such a luck to your heritage.
This is what Bitcoin si for.

There is some truth in that, although only a small percentage of people manage to find the perfect combination that consists of a top idea, a way to finance that idea and an element of luck without which it is difficult for it to succeed. Admittedly, some people are just lucky and become rich because they won the lottery or a rich relative left them a large fortune that they didn't even know existed.

Staying rich is really a problem for some, because I remember an example when an elderly man in my country won the main lottery prize (about a million euros) and after a few years appeared in the newspaper with a story about how he was left with nothing.



It is hard for me to say at this moment how much BTC I would need to feel rich, although I am not one of those who would like to have some kind of status symbols that determine how rich you are, such as yachts, luxury villas or expensive cars. For most of us who live in the EU or the US, having one BTC is not a fortune considering the prices we pay, maybe if the price of BTC would go up at least x20, but for someone who lives in a country with a low standard, 1 BTC is already a real fortune today which can enable you to buy a house, a solid car and more.

I somehow doubt that 0.6 BTC would be enough for a slightly better lifestyle in countries with high standards, at least not in the near future. However, maybe one day that amount will really be enough, but only if the demand is so great that it pushes the price to heights that few people talk about in a serious tone today.
2880  Economy / Economics / Re: Keeping money and keeping bitcoins? are they similar? on: January 26, 2023, 12:06:51 PM
The massive awareness to keep bitcoins for as long as possible promotes people to develop the attitude of saving, just like saving money. Do you agree with this that people who are very good at saving money become very good at keeping bitcoins when they finally start doing cryptocurrency? Or do you feel that there is no similarity between keeping bitcoins and keeping money?

People who are financially literate and always research what they invest in will have no problem with any investment, and that includes Bitcoin. On the other hand, for the majority it is not the case since they keep their money in banks, which is a very simple procedure that does not require you to be too intelligent. This is why many make a big mistake by putting banks and crypto exchanges in the same basket and treat fiat and Bitcoins in the same way, which is completely wrong.

Storing Bitcoin is therefore a challenge for everyone, first of all a security challenge, but also a challenge resulting from a lack of understanding of the market and panic that often causes many to sell at a price lower than what they bought. Some research says that less than 5% of world's population has anything to do with Bitcoin, whether it's a simple investment, trading or paying with it, which means that the average person is not ready or interested in Bitcoin at this time.
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