The amount of price it will go up is not based on the mining alone. Because, miners may mine it, but miners will also sell it to cover their bills as well. If you are making 2k dollars per month profit from mining ETC, that means you will probably pay 1k of that to electricity alone, and that means you will have to sell your ETC to make that back.

I am not saying that it would make sense to just stop, of course you have to keep going, but ETC will not profit from this as much as people think. There isn't any added new reason for people to "buy" ETC, but if miners switch here then there will be an added reason to sell it which should hurt the price more than it helps.

Not learning how to make a profit, and still asking good way of making money? I mean people who are looking to make a quick buck will always end up being upset about that fact, it will be trouble for them. On the other hand we are talking about something that is much more reasonable on teaching how to trade, either on crypto or on forex, because it will take a while and it will not be simple.

I believe that making money on forex is harder than making money on crypto, but if you go down the ranking order, small cap stuff could be equally hard, or if you do high leverages on bitcoin then that would be hard as well so it is not an easy task.

It is not overrated at all. The connection is that if there are people who are willing to withdraw their money from stock markets, gold, oil, and whatever else along with crypto that sends a message. It means that people are withdrawing money from the markets and they are putting it on savings accounts basically, or treasury or anything like that.

This means that it makes sense for crypto prices to drop when there are all those people withdrawing their money on ALL markets. Seems like fed is not going to do something marginal like that anytime soon, or at least it is not expected to happen anytime soon. This means that rally could be over and we could take a look at the current situation as a better thing.

10k is great for people like me who love to buy as much bitcoin as possible, but it doesn't mean that we are going to end up seeing the price changing all that much, it would be weird if we wanted that. What we are going to see instead however is price at 100k which would make me happy and everyone else happy as well, only people who would not be happy about that would be people who do not buy any at all.

And I do not think that it would make sense. This is why I believe that we should be focusing on making a bit more profit when we are dealing with 100k type of prices, it is not the same as 10k because that would be a very long term period that not everyone can understand.

It's not always a real thing though. I remember very clearly places that offered a lot of money to be there, but then as soon as they started to get people, they dropped their rates, or places that scammed others, or places that basically let people wait longer than they should because of "vesting" bs reasons.

All in all, if I do not trust the exchange then I do not trust the rates and I have to say waves isn't exactly at the top of the list of best exchanges. Meaning I would have a hard time trusting their offerings, maybe it could be looking good today, but let's talk about it in 6 months to a year and see where you are still standing and how legit those numbers look.

You could consider trading bitcoin up and down a grand, but that doesn't mean that it would be profitable to keep doing that forever. It's a small amount of profit based on what the moves are and you have to be on the right side majority of the year to make a good profit.

If you do right moves for 250+ days a year and only make bad ones for about 100, then you would be fine, but are you really trusting yourself to make that much profit that many days a year? I personally feel like it would be smarter to just invest, and wait for it to go up because if it goes up double, that is more than enough for me. Imagine if you could double your profit many years in a row, that makes you a millionaire in no time.

That is right. There is no guarantee about what’s going to happen but we all know that it won't be an easy thing, it will take a while before people realize how serious bitcoin could become. It is already talked about in all finance shows, and there are way too many people who think that it is something decent.

But, that doesn't change the fact that we shouldn't really be worried about current situation of bitcoin being on a bear market, because right now has nothing to do with the future. We should just focus on how great we could get, and if we do that then we are on the right track, and I guarantee you that we are on the track to be great in the future for sure.

Honestly if this was something that could stick around the world, they would do this to a million people at least. Even the projects that gets created these days are a basic form of ponzi if you ask me, how? They create this fake token, sell it to people, and to make sure that others come in, they pay out of pocket small by small, either via staking rewards, or liquidity or any other 146 methods.

So, if you ask me, this isn't a big deal, it is something quite normal and understandable. We shouldn't be shocked about this at all, people could realize they are getting scammed all by themselves and if they do not, SEC is not bringing their money back to them at all.

There is an "advantage" because you could move money around in crypto faster by using it, but there are a lot of people using trx chain with usdt and not worry about anything else. In fact, I had a person send me 20 bucks on erc20 chain which is a weird move considering how much it costs just to send it, and yet even that was enough.

So, I have to say that it is a smart move to use another stablecoin instead of using TUSD, it's really making it a mute point to go with TUSD when the others are making sense at least as much. This isn't a big deal because you do not have to actually care about TUSD at all, but you could use stablecoins anyway.

Same happened with me as well personally. I had about 45 bitcoins back in the day, and sold them for a great vacation. It wasn't really "free" at the time, it was like 100 bucks each, so I rented somewhere amazing and had the most wonderful vacation of my life that I will never have again, because I will never have that kind of cash to throw at a vacation.

But, I made my peace with it, it was a once in a life time thing if you asked me then, if I kept it then I could have done it every year, but I didn't and I am fine with that. This is why I believe that not every early bird is a rich person, there are thousands of people like me who missed the boat.

If you are not sure about how Grayscale got their money to begin with, then you shouldn't be even talking about it. But I have to give it to you, you create some of the most low effort and horrible topics in all of bitcointalk and yet you are still getting attention that you want, mainly people who would like to have a serious discussion for some reason, but you are not after serious discussion at all.

It means that all you care about right now would be making sure that you do not end up with a person who ousts you and I won't be the one. I personally believe that the best thing you could do right now would be realizing grayscale doesn't work with 500k per person type of funds.

This is understanding that if there is a recession then there won't be any place left to make any profit and that is why people are working their way into crypto because they know this is at least one of the places they could protect their wealth.

Gold has been doing this for thousands of years but that doesn't change the fact that you can't really make sure that gold will do exactly what you think it will do. That will help people to come to terms with bitcoin which would be making a lot more profit to you and that should be good enough. I personally do not feel the same way, but at the very least I know crypto is much better than any other option out there.

I am not really understanding what's wrong with that. I get that you may think that private ownership or "true" ownership may apply some extra layer of security to you, but I do not feel the same way to be honest. I feel like putting your money on a very well trusted place like Coinbase for example, makes it a lot more secure then what the other option was.

I am not saying that it wasn't like that back in the day because the truth is there were times when it was clear to me that private wallet was a lot more secure, but in the past few years the hacking got less, and the security got high and we are having exchanging putting funds in case things like these happen.

The main reason people like me prefer BUSD over USDT is not because the stablecoin itself, but because it is something that I would always prefer based on the company. I do not know about Tether, it is a company and there are some executives there, that's literally all I know about it.

But, Binance is not like that, I trust it more because I know for a fact that I use them a lot more, it is not just a stablecoin company with billions in the bank, they are also a huge exchange which means that they actually do have all of our money there anyway. We trust them with our funds when trading, so why not trust them with BUSD when we already gave that away once.

Red ball cricket is completely different from white ball cricket as we already check in last few months many teams doing good job in white ball but struggling in red ball as India also lost only test in England but have good performance in ODI and T20 with this all South African record is also not good in red ball, so we can expect good fight between these two teams in test matches even South African having good results in other two formats and their all players were in good form which is good signal for them.

England is already out of WTC final 2023 and South Africa is at top, so both will try their best for having good result from this series with most chances England will win because right now their batsmen and bowlers are in good form with red ball at home, and they can take good advantage of this as already going 4 - 0 in this season.

You do not need to do it for ALL of the world, you need to do it for one, and if you do it for one then you are going to end up getting the attention of the others. Imagine a world where all the crypto lovers got together and helped El Salvador. I am not saying that our money would be enough, hell we raised 100 million only for Ukraine because they were at war, how much do you think we could invest into El Salvador as a whole?

But, a decentralized donation run by all the crypto people into the first ever nation that made bitcoin legal tender would send out a great message, and if they actually do well? Well, next stop will be another poor country and then another and suddenly we have dozen countries in our pocket making it legal tender. That's what we should want.

Basically, the idea of "being smarter than the scammer" idea. I have talked about this a million times, it is not about if the project is good or not, it is not about if it will sustain for many years neither, it is all about the fact that you could mint it early on, and selling for a lot more right afterwards and if you are right then you could make a lot of money, if you are wrong then you will lose money.

Definitely NFT collections these days do not have that potential but at some point it was so crazy that you would be spending 500 bucks on minting that was stolen from a template asset, and you could still get it to flip for 10x more than that right afterwards.

Many people are actually waiting for this because they thought that this can also fix the problem in the eth fees. Another thing which excites us is that the previous upgrades are always being postponed or delayed but I hope that this one if for real now. The month of July is now ending already, so that means that the first phase of the upgrade are now going to start next week or so. Oh yeah, that's nice.

Thinks OP, this is the cause of the bull in crypto. That cant be. I don't think anything related to eth or other coins can contribute in the overall market but only bitcoin has the ability to do that. Btc showed an increase first last day, and that was the real one that makes the market a little bullish.

I wouldn't notice the link if I didn't read your post. It seems you are right because the link was about electroneum. Although they mentioned the word crypto but they still highlight their own project.

It's been a long time since I first hear them, thought they have died already but anyways, there are countries where bitcoin is adopted more than just an asset, El Salvador for example and there are now even bitcoin cities on them. That brings a lot of opportunities to the people there but maybe you are right that they didn't rely all to bitcoin. There are some problem which bitcoin cant solve but government should make an effort to bring solutions if they don't want their people to suffer.

When you can sell something for 2.5k to somewhere, even the places that had nothing to do with it can't go on to take it for 1.5k for too long, it would be not profitable to do it. Don't get me wrong, it could be less, but that would require for people who are taking advantage of this situation to stop doing that and sell it for a fair price when they know they can make more money.

Are you telling me that people who could make more money should just be fair and sell it for cheaper on the price it used to be? That's not how capitalism works and they can like it or not, Russia became capitalist the moment they stopped being USSR, hence they will do whatever they can to make a dime more if they can.