None of us can know this. But we are not oracles in any of us. Under the conditions of that period, spending was made according to its value. If we knew 10 years later, we would all be rich anyway. At that time, I know people who bought btc and made a lot of sales in small increases.
Life would be too boring if we know what lies ahead of our journey. Maybe the receiver sold it at some point and maybe at that time it was big time, maybe the person bought a car, paid student loans, paid rent or mortgage. Regret should not be a thing even at the current prices, even those who make you regret are having the same feelings but at the same time they are envious of you because you made some profit out of it.
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What "assurance" do you need? Your friend is actually right, bitcoin CAN definitely crash significantly. And if that makes you shiver, it's either you're over-invested, or you simply don't know what you're investing in; because most of us here are totally aware of price crashes because big price movements is really nothing new with bitcoin.
Crash is imminent but that does not mean that OP should be scared of that. It can be an opportunity to buy more bitcoin out of your money. Like what the quote above says, you either did what was said, or you do not believe that growth will still be possible and that this run is a short live one. To be honest with you OP, do not convince your friends to invest in bitcoin it makes you annoying to them and let your success from invest show so they know that you are not just all talk, they will regret not listening to you.
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It’s a beautiful day to see the price of bitcoin this morning at $39,535. Maybe it’s going down if it reaches $40K, but it’s going back to $40K and it’s probably going to keep going up. I’m still wondering approximately the end of this month the price of bitcoin will reach at what price, huh? It could have been up to $70K or more.
It will not go down for awhile, as long as the institutional investor and whales are holding their shares of bitcoin. The only way is to go up, 70k is a wishful number but hopefully we can reach that peak.
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Do you plan to make an actual game or are you making mockups for fun? Make the Warren Buffet card in a very limited edition like the MTG Black Lotus. Then in 10 years, it will cost 1 Bitcoin - a consolation prize for the FUDders I do think this is all just a parody for the things that happened back in 2018. Actual game have a difficult mechanics that would needed to be considered like the different effects of cards. Got me there with the MTG Black Lotus, that is the most expensive card in the history of trading cards, if OP wants to make one, make it an ALPHA version haha.
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The only way I know that works against Youtube giveaway scams is not to give anything from them, or better yet reporting them and ignoring what they are going to say because in the end they are all BS spewed to attract followers that can be tricked into giving their money hoping it will double, triple, quadruple or multiply. I do not think that you can find this funneled scams with just the address because AFAIK, they are using bitcoin mixer/tumbler to hide their transactions.
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It will always be the first skeptic when a newbie talk about bitcoin, it’s burning down the earth! The higher the hash rate, the more power it consume, and miner waste the electric that could otherwise power a small city household for many years.
It is still smaller than what electricity the fiat currency generates though. The quote below lists the things that are involved when you are using fiat currency, there are some that isn't listed but it could go on. By the way, the power needed by bitcoin is only the size of 7 Dungeness nuclear power plant. Also, why are they concerned about the electricity consumption of bitcoin when there are other bigger carbon footprint contributors like coal power plants, chemical spills, denudation of forest, wildlife destruction and other environmentally exploitative activities. To answer the title, it will not burn the ocean, it will only distribute the current through its ever moving waves. Now it would be nice if they did a comparison with the total electricity used by the Fiat systems globally..... remember, Bitcoin is a payment network/currency and all the Fiat that are used is the same. So let them start at the manufacturing processes to mine Zinc/Copper etc for all the coins and then the electricity to manufacture "plastic" notes and/or processing cotton and paper. Then you add all the electricity and fossil fuel to transport that currency all over the world and also to store it safely in Banks or vaults with 24/7 CCTV security etc... etc.. and also aircon used in buildings and cash registers ....and we can go on and on.
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Don't let that get to your head OP, remember that market is volatile and the price right now might be the peak of the run and we will again enter the dark ages of the market. Be careful, do not be greedy and assess the risk that is looming. Good job making that profit and again be careful, we can't know if this run will still be as strong as it started.
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It was a good exchange until it last. Yup leave them quickly before they would freeze your fund, they had to bend over to the SEC demand.
Every exchange will bend over to the centralize institutions in the end, it is only in a matter of time before other starts following their footsteps. I gotta agree, it is a sinking ship, it will be dominated by corpo monkeys sooner, and everyone who is still on the exchange will have their faces known with a government mandated KYC.
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Your story is a very cautionary. And it is a good example of some key things in finance, trading and cryptocurrency - learn in deep by your own the direction you are going to work in, do not trust another people the future of your assets and profit, and be ready that the technical analysis does not always works in predictions for crypto trading. Everyone should make decisions by his own, it will be the best choice.
No, this is not a case that will make learning with a mentor a bad thing. OP just got scammed by comment spammer that has a lot of bots to provide fake testimonies. I have seen this kind of scam in a Facebook group that I am in, a lot of bot accounts preaching the same testimony about trading. Of course there is nothing wrong with learning by yourself but being a lone wolf will only get you so far. Signal providers are a textbook case of trading scammers, no one knows what happens in the market, and if they say that they have an insider information about a rise, why would they give it to someone for a profit. If I know when the prices go up and down, I would not share it to anyone even for a profit.
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If you take even just a quick look at bitcoin's chart, it's a safe assumption that a bigger crash would once again happen like how it did in the past. But at the same time, past performance is not indicative of future results. So in the end, while we can make our own guesses, no one knows. Tip: be financially prepared for a bitcoin crash, and a bitcoin moon. Well back then there was little to no institutional investors pouring their money in bitcoin so a crash seems unlikely for awhile. Maybe when all the coins available at the market are bought then a crash might be imminent. Tip noted, I had half of my hodl converted when a certain price point hits and the other for the long term. Crash will not be a bad thing for bitcoin because that means that supply is replenished and everyone can buy again.
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This is the beauty of the blockchain, we can see how much is owned and who owns Bitcoin. Although the chart is imperfect and it cannot record all the actual data we may already broken to Trillions. We wouldn't anticipated these big move from Bitcoin after several years of long hard bear trend. Now look at it hitting trillions, despite hitting rock bottom back in 2019. Now we see progress and institutional adoption, at this rate we might see a $50k price.
With the current supply of bitcoin on the market, I think we will see a slow growth, 50k is not a far fetch but at this moment is still far from happening. Maybe around the 40k mark and anything above we will reach a resistance. The current market cap is really something that could put you in awe, there are only a few things that have hit this mark, this is by far, larger than the biggest companies in the world, with Amazon, Apple, Microsoft and Saudi Aramco the only competitors when it comes to market cap.
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See looking for a personal tutor that will guide you on trading and other aspect of trading will make you to contradictes things you have already learnt, so I will like you to make use of YouTube video for personal training it's more preferable than looking for tutor, and also research for article's online and ensure you comprehend it better, because I think many people today using Binance to trade developed it by their self based on personal intention and ambition towards their objective, and it's obvious that personal training or research really add values to the individual who happened to have such aim.
Youtube videos are the best ones to learn from because they are free, and if you think that it can't work out for you then you know a way to not do it. To be honest with OP, there is no good online courses for these niche part of Internet, most are just tactics that they employed that worked for them and thinks that it can work for the other. Youtube videos can help you consider your options if you actually find a good one all while not spending your hard earned money. Also, you already had the experience, just start there and find the rest later on.
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This is all we need to know to be honest lol; reputation immediately goes down the drain. It's once again one of those projects that has unnecessary tokens but still conducted an ICO to earn some munnyz.
Well, some streamers still use this and some of their audiences are using it too, I just find this idea good because it helps you support your favorite content creator and at the same time getting some reward for it. Maybe if they used bitcoin as a reward, I think many will flock.
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Since we need to download their app in order to redeem codes, I went on the Play Store and saw " many complaints".
The idea is great but it needs more polishing. I guess that it is not that good of a service then, the complaints in the playstore all complain about the ads, I guess if they do what Youtube does where there is a skip ad, I think that it can be better. I have to agree with you regarding the website, if they polish it more on mobile phone I think that it will garner audiences.
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At the current prices I do not think it will be a good idea. The profit is not that much so I wouldn't advise buying right now, play safe.
In the long run, holding fiat is not playing safe. You probably mean 'ín the short run', expecting a major pull back soon. Well, I've been expecting pullbacks since $20k. And look where it brought us There is nothing wrong with playing safe, but with Bitcoin in a bull market, it isn't a winning strategy. The current prices is not that affordable for me at this moment, that is why I said it, I am hodling too, waiting for a magic number of some sort. I am more on waiting for the crash rather than the rise haha.
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The most profitable path is to buy buy buy and buy again.
At the current prices I do not think it will be a good idea. The profit is not that much so I wouldn't advise buying right now, play safe.
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I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.
There will still be people that will be doing the same shit last 2018, they are the ignorant ones that do not know that bitcoin is volatile and should never be considered as a primary investment. I am not being pessimist, I am just being realistic in the current situation. You do not have to feel bad about this people because it is in their volition that they bought at the current prices.
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Short trading will bring significant profit only if you do it every day. That's why I often prefer hold.
Have to agree with that one, short term trading removes your free time because you are constantly on the watch for a minor fluctuation in the market. Hodling on the other hand requires a will to not be attracted to the current prices compared to when you bought it because you might not be seeing the bigger picture. I hope that this thread will answer the question that people has been imposing on bitcoin regarding its relationship to gold. Bitcoin is different from gold.
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It's probably impossible to create an uniform, fully fair system unless everyone wants to contribute and earn the same way from it. You can't create a system where fairness is a thing when greed exists. There will always be someone who'll want more. And censoring them is a communist thing to do, so we're left with what we currently have: a monetary system which is as decentralized as it can get.
It is possible but to enforce it means that freedom will be removed from the user. You can create a system that is fair, you just haven't thought of it yet or your mind can't comprehend the steps to create one for now. The reason that there will be someone that will want more is because we were cultured in a society that prioritizes materialistic desire rather than personal freedom. I have to agree with OP, the tool that was supposed to fight the traditional system is getting integrated in one.
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It's pretty much possible if we looks at the pace with which Bitcoin is growing but we need to consider volatility factor for long term plans. We are happy that Bitcoin is unstoppable and more institutional investments are pouring in and users like you and me who are investing as well in FOMO is also playing key factor in supporting the pump by creating a resistance level. I think $40k is not a big deal as per current market standings.
The pace of growth is exponentially faster than the last time that it reach this kind of peak, with the current institutional investor rallying in the market, I think the volatility is a little tamed. I have to disagree about 40k not being a big deal, this is a new record if it ever happens and for any price higher than recorded ATH, I think that it is a big deal.
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