I have been working Bounty Hunter for more than two years now through another profile of mine.
I am not sure what you have been doing 2 years here. That period is long enough to help you get familiarized with the forum, and collect enough knowledge, experience to get merit. Now I will work as a bounty manager through this profile. I have talked to a lot of big bounty manager about this.
Please allocate very small part of your payment from bounty management to buy a Copper membership. It - Saves your time. You don't have to try to have enough activity points and wait for merit (1 merit minimum) to become a Junior member. That rank is the min rank to upload and display images.
- Contributes to the forum.
What it is? Remember to do a few step to activate your Copper membership. See this tutorial |
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I know that it is a rough estimate but I don't think that they will deviate too far to the exact number, that I am sure of. The reason why people worry too much is because average people are dumb and they have a hard time processing bad news especially if it is sudden.
Garbage in, garbage out. If we don't know of their methodology and can not verify their data (for whatever reasons), those stats are simply for curiosity, entertainment and low value for reference. The East and the West will try to control bitcoin market and the leverage will fall into one way or another at different times. Bitcoin market is a global one and neither the East nor the West can dominantly control it forever. |
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I know two topics about tables and image uploading websites. |
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1. The newbies should be restricted to posting only in Beginners and Help Board.
Members who participate in the forum as newbies can probably be legendary members on other forums. Probably they are not newbies in cryptocurrency too. Additionally, Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ presents board descriptions. If you read the section Guideline for threads, you will understand the restrictions you suggested is non-sense. |
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But since we can see the price playing at the current level. I also don't believe that we can see more deeper than this current value maybe 20k$ is quitr near but 10k is quite impossible.
The support is very weak from below $30,000 to $24,000 and if the support around $24,000 is broken, a flash crash, another horrific crash, will sink the price to $19,000. Price will probably be hanging around $24,000 to $27,000 before it crashes. It is the possibility for the market in this chaotic (with FUD) and high volatile period. I am not Bitcoin Bear, I am bullish with Bitcoin till the end of this year at least, for this big bull run. |
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Tarproot is locked-in with overwhelming majority of miners signalling for it. guess who wasn't signalling, MARA pool (the pool that was censoring transactions!!) and a couple of other random blocks from other pools but we should remember the name MARA pool as the malicious bitcoin pool.
It is not uncertain situation like Segwit lock in in 2017. It was done very smoothly this time. Logically, who does not want the best thing for Bitcoin if they are bitcoin miners or investors. FUD, uncertain situations are part of a bigger game.  Unlike SegWit, Taproot has less publication on public media, so i don't expect lots of people celebrate Taproot lock in.
It is a silent lock-in because media does not know and are busy with Elon Musk, China, etc. They will come back with Taproot in late of this year. I don't believe they don't know about Taproot, and simply don't want to mention about it now. Taproot activation-related news will be seen more in late of this year, around September perhaps. |
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Newsflash, Chinese economy is currently biggest in the world and interesting thing is that while all other countries suffered a lot during circus corona, China reported big growth of their economy, so think about that.
China is the circus and their economy is not healthy as their government claims to be. Components in Chinese economy are easier to be collapsed than in the USA. The government reacted to be arrogant and rude too soon that definitely affect the global responses against China. More harm than good effects for China in long perspective. I don't think that any specific country is leading the bull run but United States are for sure leading in terms of inflation and debt that can indirectly affect Bitcoin price as purchasing power of dollar is rapidly going down.
You are right but manipulations are prepared and triggered at right time. After that, all things will be automatically done. Vietnam? very interesting data, how can it even higher than India or even Australia (who have adopted bitcoin since 2017).
I am surprised too. They always banned bitcoin
It is a misleading term. China have never accepted Bitcoin so please don't say "China ban Bitcoin, China unban Bitcoin" they cannot control its people by owning Bitcoin anymore, sooner or later they'll make this one legal as well.
It is one of main purposes of satoshi to create Bitcoin. Be your own bank. It's good to see richest countries on top, that only means to me they are indeed supporting Bitcoin.
Richest nations can have bigger bitcoin adoption in their populations. Nevertheless, it is probably not true at all. They only need the richest classes to invest in Bitcoin, with their dominant capital. Only investments from the richest would be enough to contribute to total capital investment into Bitcoin for rich nations. Basically, in any nation, 80% of assets probably are holding by 20% of population. I mean India is second most populated but it does not mean that each and every Indian is involved with the bitcoin.
Exactly. We don't have enough data, or at least two important figures - Rate of crypto adoption in Indian population
- Total capital that is invested into cryptocurrency then how many of them are from the Indian rich
- Not always true but the rich tend to be more wisely with their investments and mostly will end with profit rather than losses for the crowd
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0.05 is a low price, I might be interested in buying a few for long term purposes.
Is there a minimum limit to buy CCFound tokens? and what payments are accepted to be able to buy CCFound tokens directly?
Please remember that $0.05 is a nominal price for auction (minimum price). After auction starts, price will be changed. You will understand the ccFOUND auction and price of FOUND coin for each daily auction in the examples on pages from 24 to 26 in the White paperThe portal will be launched in Q3 2021, with the beta version first. Our actual portal will launch in Q3 of 2021. That’s when we’ll invite the first users and launch the beta version.
The image shows the mock-up of how it’ll look like.
ccFound Introduction Video I guess you spent your decent time to make this video. It is a great contribution. Keep it up, fella! |
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I feel that the Indian figure should be higher too.
I don't know. Unfriendly regulations in India didn't really deter many of their citizens to be honest since they got used to these warnings which are occasionally issued by the RBI.
They usually propose bills to scare the public though they never get converted into laws. Also, their government has taken a softer stance against crypto in recent times.
Governments will not ban Bitcoin. They want tax from crypto investment or trading and they will not receive tax if they use their ban hammer. The trend would be mainstream adoption, not ban. And here I thought china had the biggest gains when it comes to all crypto currencies including bitcoin.
China is not a biggest economy and not the most friendliest nation with cryptocurrency so logically China should not have biggest gains in crypto. Turns out that the united states of America really is the one who had enjoyed so much gains in this industry despite the several regulations that were against any cryptocurrency. There was even a time back then when projects that were still starting up never accepted investors from the US. Thus just goes to show that no matter how you restrict the people, they will find ways to do things that they want.
Logic enough if you look at the OP, with my screenshots that shows origins of institutes, companies, etc. They are mostly from the USA. and we know how big gains the crypto market has in 2020. I expected China to be the one at the top but it seems that their propaganda is a really made up of lies because US is at the top with a 3 billion difference. Didn't see my country though, although I am not that disappointed because the less publicity for it then the better because the government won't take notice.
Those figures are estimations and probably not accurate. The gap between the USA and China can be bigger or smaller but it only reflects the fact that the USA is leading the crypto market in this bull run. Think different. Why are people worrying too much with FUD from China? Even it is real bad news, not FUD, people should not over worry like that. |
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Those bump posts can be not in-a-row and probably are burried by other non-bump posts. Hence, moderators who handle reports on those bumps can not see chronological orders of those bumps. Not all moderators will spend time to look at a whole topic in which reports come from. They handle specific reports they received. It can be a mistake as well but it is not a big one. Old bumps do not have effects today even they are not handled in the way you want with your report.
I don't know what you wrote for your reports. I'd prefer to make my report like that (if there are same posts in a specific topic) This bump breaks the rule 24h/ bump post. There are more similar bump posts in this topic. Please check them all.
I think a note will help moderators and save my time as well. I don't have to report all bumps in that topic. |
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I feel like Indian's must've been massively underreported. I guess this data comes from exchanges as mining profits would likely see China, sweden and Iceland higher up (or on the list).
I'd put most of the nordics at least around 0.2bn.
I imagine this data could probably be cross compiled with node by country information to determine a more accurate figure?
Methodology (from my understanding) - On-chain Bitcoin flows to exchanges
- Estimated gains from it
- Gain distributions based on share of geographical web traffic
It does not relate to mining, intentionally. The first article has a part for its methodology How did we do this? Geographic analysis in cryptocurrency is difficult due to the technology’s decentralized nature. It’s impossible to know for sure where the parties of any individual transaction are located. However, we can produce a good estimate using transaction data from the services Chainalysis tracks.
First, we measure the on-chain flows to each cryptocurrency exchange, and approximate the total U.S. dollar gains made on the asset in question (Bitcoin in this case) by measuring the differences in the asset’s price at the time it was withdrawn from the platform versus when it was received. We then distribute those gains (or losses) by country based on the share of web traffic each country accounts for on each exchange’s website, as we did when building our Global Crypto Adoption Index. That analysis gives us a reasonable estimate for the realized gains Bitcoin investors in each country earned in 2020, though it doesn’t account for gains on assets that have yet to be withdrawn from an exchange.
Local unfriendly regulations in India force the locals to have more P2P trades. The combined trading volume on Local Bitcoins and Paxful has increased considerably since 2019 and 2020. SourceObviously, it is part of Indian P2P trades, not all, and also not about gains. |
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This thread is written with information from two sourced articles. 2020 Estimated Realized Bitcoin Gains by Country - United States: $4.4 B
- China: $1.1 B
- Japan: $0.9 B
- United Kingdom: $0.8 B
- Russian Federation: $0.6 B
- Germany: $0.6 B
- France: $0.6 B
- Spain: $0.5 B
- Korea, Rep., Ukraine, Netherlands, Canada, Vietnam: ~$0.4 B
Impressive stats for the USA with $4.4 B gains and this figure is about 4 times of China. China is the leader in Asia continent on which a big surprise is from India. The serious and chaotic regulations from Indian governments make India falls to rank 18 theven it is the second populous nations on Earth. Over months in 2020, most of gains are in last months of 2020. Investors from the USA have dominant profits and most of them are made on Coinbase. Dominant gains from the USA investors are understandable if we are aware of institutional investments in 2020. You can see it in the Bitcoin Treasuries as well. Most of institutional investors are USA companies. |
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The next day will be a big day for bitcoin since it looks like Taproot will lock in in about 20-24 hours (124 blocks as of this writing) - barring some craziness. Like the first halving, lightning etc, I suspect that plenty of people will be watching it closely to mark the occasion. All in all, this should be a big positive for the ecosystem.
If anyone does not know about Taproot , check at Taproot.watch. As of writing, 84.18% blocks in 2016 blocks period are signaling-blocks and the threshold to lock in Taproot is 90%, not far from now. If this lock in procedure is successfully done, the Taproot activation will be activate a softfork in November this year. Read more at About Taproot- 2017: Segwit hardfork
- 2021: Taproot softfork
Best has yet to come.  |
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like they say its going to have a domino effect. iran must be preparing this regulation when they ban the mining. so when it resumes after 4 months, the government also comes in to mine btc?
Personally, I see no domino effect for nations. Each nation has different situations and issues to solve. Accept or reject Bitcoin/ cryptocurrency is or isn't their priority. No one can prevent governments to mine Bitcoin if they can find supplies and buy ASICs. With uncertainty of politics, I can not trust on any governments and their polices. They can change their policies or at least change their public announcements after one night. Mining Bitcoin is not bad idea for nations that are suffered serious sanctions such as Iran, North Korea. They have nuclear power and what they are lack of is only ASICs. Setting up mining farms and power supplies are not matter with them. |
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Currently I have $109,750 in Bitcoin and $60k in alts.
It is a good capital with which I don't think you should make any loan. The loan would be from my family and interest free. If the value of my cryptos drop I'm willing and able to wait up to five years to break even.
Free interest is good but one thing you must know. - Your relatives can give you promises and they are possibly honest with what they say
- Unfortunately, life is unpredictable and if anything happens, your relatives need those money back earlier than 5 years. What will you do?
- I don't expect any bad things for anyone, you or your relatives, but it is life and must thing of such scenario
I'm thinking of getting a loan to buy more alts now and more as Bitcoin goes down.
Let's move next, what altcoins do you want to buy with your loan? - I hope they are not shit meme tokens, shit NFTs
- With top altcoins that have good developments, big communities and good fundamentals, you can load them up. They are different than Dogecoin that appears in top of marketcap but is not a top coin.
- Reminder: I don't think you should borrow a loan
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Do you still think that a trading career is still doable? Assuming that you've studied and get your education first and then refining it day by day? Getting education means that you are studying the theoretical concepts, practicing your money in the real market with proper risk and bankroll management and a good mental analysis?
That might sound too optimistic but can we still make a career as a trader?
Trading and investment are good and have their own beauty. I know investors earn more profit than traders, in most cases. Therefore, if you are in crypto market, let's allocate your capital into 2 parts: investment and trading. Depends on how good your trading skills are, how disciplined you are in trading, you can allocate different % for trading. I don't advise to use more than 20% of your capital for trading. 80% to 90% should be allocated for investment. Last but not least, if you double your trading capital, take the original capital out, and keep trading with the profit part. |
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Picture illustrations are helpful in explaining problem and solving also problems and it also makes work easier for mod than the use of words.
Diagrams, infographics are helpful to describe ideas, present information but they have side effects - Some people don't have good Internet connections, they will get troubles to load images and full pages of each topic
- Some people have very limited bandwidth and images will eat their bandwidth
- You can not copy, quote part of information in infographics ie.
To sum up, I think texts are best in most of cases. |
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Thank you. I am in Best Change campaign but I want to find others. |
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Scalping and reviewing charts for many hours helps a lot in the future.
Charts are not enough. Scalping method is great but if a newbie does not know when to use it, when to stop scalping as well as trading before a massive movements of market, all temporary earned profit will be lost. Beyond the chart, newbies must look at walls. Walls don't stay permanently but they're signals of possibly big movements in the future. If the market has massive movements, it will move to where the walls are staying. When a market gradually moves to a point around a massive movements, it is time to stop scalping for newbies. Just to protect profits they have earned. Skills develop, you can already predict upcoming events on the market in advance, because you look at the chart and understand that you have already seen such a development of events, and more than once. After 3-4 years of daily trading, you begin to see small patterns in the market based on your historical statistics, when you spent a lot of time at the computer. In this regard, I certainly do not regret that I spent so much time on scalping, there are positive aspects to this, of course.
Sure. Also can develop good and strict disciplines for trading career. |
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