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As long as there is massive inequality scams will happen. People are desperate to survive and companies aren't paying enough so people have to resort to any means necessary. Blame the system and not the people subjected to it.
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The money will go out of bitcoin and flow back into altcoins, this same process always happens. If you are holding a large amount of btc this is a good time to diversify into some solid altcoins. For example ethereum btc ratio is very low right now which is a good buying opportunity.
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You can never predict the all time high so don't beat yourself about it when you continue to hold as the price drops. All depends on your risk tolerance I guess. It can be a high mental barrier to sell something you have been holding for many years.
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I bought most of my Eth at $130-160, I should have bought more. I think Ethereum can reach $2k in the next year but of course, within a context of continuing the bull trend.
A lot of people are still bag holding eth they bought at over 1000 so consider yourself fortunate. Bitcoin recently gained a lot so expect ethereum to outpace bitcoin next. 2000 will eventually be reached if you eventually hold enough but it may be smart to cash out along the way. |
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Despite what you may think very few people that own bitcoin are libertarians. Check out the politics & society and you will see many people support socialism. Capitalism is a ruthless system that takes advantages of individuals and destroys the environment in the process.
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Ethereum is still by far the most dominant crypto besides bitcoin. Handles the most transactions and has the most projects on its network. 1000 is an easy goal to reach and it will happen quite soon, that is an easy 4x or so from the current price.
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The fans created this mess, as long as people are paying to watch games and wear merchandise, players will demand huge salaries and teams will be worth billions. Funny how many bandwagon fans this recent owners have brought, never meat a manchester city fan until they started winning titles, lol.
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Because I will never have financial freedom unless I get very lucky, I simply don't have the capital to start a business even though I have many good ideas. I realize its a hail mary but at least it is something, right.
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We are in a really weird time where companies that don't even turn a profit are worth a lot of money. Because Amazon was successful with this strategy all these other companies get overvalued. Going public is just a way for the owners to cash out easily, I would much rather stay a private company if I actually cared about doing good and not just money.
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Who really cares? At the end of the day it is all about hype and marketing. Its why we have terrible car brands that cost 100 thousand for a piece of junk that needs constant repair or 300 dollars for a pair of shoes that costs a couple of dollars to make.
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Japan does just fine with tourism without the need for being a gaming center. Let the culture speak for itself instead of resorting to cheap tactics to draw people in. Its better to put resources into infrastructure and technology instead of trying to take more money from people.
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No one knows how long crypto will last, some new tech could come along and completely take away crypto's dominance. I would never suggest putting everything you have into bitcoin, it is far too risky at this point. Blockchain is still very young but old at the same time meaning its tech can be outdated.
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The real mosquitoes are exchanges because they leech off everyone with trading fees and withdrawl fees. Would be better if we had more direct peer to peer options so the exchanges couldn't continue to suck us dry.
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Everything is only worth what someone is willing to pay. Btc may be worthless to someone without a computer but for many of us it is an easy way to transact globally without a middleman. We have been tricked with fiat money for a long time as they continue to print more of it constantly.
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They are two of the most overrated players in the NBA. Harden is Mr. No defense and Chris paul is an over the hill superstar that is nowhere near worth the amount of money the Houston Rockets are paying him. |
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Just after the financial crisis in 2009, the journalist Scott Pelley asked Ben Bernanke on the 60 minutes CBS TV show where did they get the money for the AIG bailout in march 14, 2009? was these money of the taxpayer people? He just said:"No. It isn't money from the taxpayers. The banks has it's own accounts with the Federal Reserve as well as you can have one with one commercial bank." He continued: "In such way, to loan to a bank, one just simply uses the computer to mark up the size of the account they had with the Federal Reserve" So he just literally admits they create the 85,000,000,000 usd out of nowhere to rescue the private company. This isn't the way capitalism should work and it's more like socialism where everybody takes the loses  Devalues the currency for everyone else so it was a loss on taxpayers. If people continue to worship the dollar like it has actual value this will continue. If everyone rose up and stopped using fiat money it would send a very real message to the government. |
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Only the top coins are doing well, I'm holding a lot of low cap coins from mining that are completely dead or nearly worthless.
Surprised at grin but I still expect it to go back under 30k satoshis again.
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The way so many users on bitcointalk cherish this meriting system is so apauling , they can't even give you just 1Merit , they take it as something that's so special, you can pay for a Cooper membership which will help you to create a unique and attractive post, so I still wonder then what's the big deal in giving some one just 1 Merit.
And the most interesting thing Is that people with ranks & merits how many of them create unique & quality post ?
The Merit and Ranking system should be Reconsidered and Revaluated.
I do see a lot of good posters go unmerited. Certain forum sections aren't merited all that much compared to the meta section. Many people had the easy route before merit was implemented in and made their way to hero and legendary by spamming short responses. |
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Most people will be better off working a normal job: No risk of losing money and a generally stable income
Day trading: Very few people can actually make a consistent profit, requires a large amount of startup capital, very stressful and will give you a heart attack.
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It is just a color, certain colors are not bad or good, they are neutral. Red can also mean love, joy, happiness. The trust system remains the same, don't let a color change your opinion on the system. It is still working just fine.
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