Gamestonk is completely based on product and customer enthusiasm. They need to sell physically to gain the market. They need to service their products in later stages and if market interacts positively with them then investors “think” about them in anticipation that it will continue to do so.
We can assume that these bumps and dumps came along the way because gamestonk was able to peak their products in the market at right time with “high quality” automation.
.......*.........
You don't know what you are talking about.The revenue of Gamestop is going down.This company is dying,that's why all the Wall Street brokers wanted to short the GME stocks. The physical video game business is going down and companies selling game keys like Steam and Origin are dominating the gaming market. Anyway,the digital business model(including Bitcoin and the crypto industry in general)is way more flexible and scalable than a business model,which depends on selling physical items and maintaining inventory.
|
|
|
Hi everyone, I just entered the world of bitcoin to buy something on the internet.. The seller says he didn’t get the money yet.. is he bullshiting me as on coinpayment.com it says my payment is completed??? Thanks for your answer and please, tell me if you need any detail to answer ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Dude,don't use Bitcoin to buy something on the internet.Invest in Bitcoin and wait for the Bitcoin price to increase.You can use Paypal or credit cards to buy stuff on the internet. However,if you plan to use Bitcoin when buying online,always make sure to use an escrow-a third party,which holds your coins and let you release your coins to the seller,but only after your confirm that you received the product/service.
|
|
|
But that doesn’t make Bitcoin an alternative to the dollar yet. Is it really necessary for Bitcoin to be an alternative to the US dollar? I don't really want the US government to see Bitcoin as an "alternative" or "competitor" to the USD. If the US government sees BTC as an alternative then the government will go everything to try to stop that alternative.Bitcoin would be much better "flying under the radars" of the US authorities. It would be great if the US government/Federal Reserve sees Bitcoin as an opportunity,rather than an alternative.Unfortunately,this won't happen. Anyway,this is a pretty mediocre Forbes article.
|
|
|
Your question would be more interesting,if we add a BTC mixer into the equation. All the other members are right about having to declare capital gains and pay capital gains tax after selling your asset.But what about buying Bitcoins,moving those Bitcoins thru a BTC mixer and sending them to a cold wallet.Then,after the Bitcoin price reaches 50K USD you just sell those BTC in a non-US crypto exchange platform(that doesn't have KYC) or some decentralized exchange like Holdhold or Bisq. What will happen then?Will the IRS find out that you have Bitcoins?
|
|
|
I true Bitcoin trader is never surprised to see the Bitcoin price going down.This is completely normal for a volatile asset.Only the newbie traders get surprised,when a price drop happens. The BTC price dropping from 34K USD to 31K USD is not a big deal and there's no reason to post your "analysis" for such a minor change. February isn't a good month for Bitcoin,so I'm just HODLing and waiting for the end of 2021.I don't care about the current price at all.You shouldn't care about the BTC price as well. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
Damn,if this was true,then Paul Krugman is a genius. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Trying to mask stocks as cryptocurrencies and fooling the average investor into believing that he will "stick it to the Wallstreet brokers" by buying more "crypto stocks". This actually sounds like a great plan. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) In reality,everything on the financial markets is just supply and demand,while the Federal Reserve just prints more money and pumps the prices even more. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The people can't organize and fight the elites,because the elites have the greatest power-the power to divide and deceive the people. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
|
|
|
The successful people are the ones,who don't give up after the first failure.I guess that you will never be truly successful. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) I joined the Bitcoin community back in 2016 and I have never left Bitcoin or the community ever since. I can't say that I'm successful,even though I have never abandoned Bitcoin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I really regret that I didn't join this wonderful forum back in 2013 or maybe earlier.The problem is,that I have found out that Bitcointalk.org exists in the summer of 2015,when I read a post on another forum about Bitcoin loans. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Just never give up and don't leave Bitcoin(when the BTC price crashes again). ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
The number of active wallets means nothing to me.We have to combine this data with other metrics. I wonder when the crypto exchanges platforms will reveal their real numbers of ID verified users.This is way better data,compared with just a number of active BTC addresses. I know that not every cryptocurrency user in the world has an ID verified crypto trading account,but such statistical data would be really important,in order to determine the actual number of active crypto users around the globe.
|
|
|
hi, I see that price trend is influenced by the amount of crypto bought or sold but I don't know the level that can create that panic to demand you to buy or sell too... More, have you considered organizing yourself in groups for trading based on a schedule? For instance, you create a group of 10-100 people, you agree by voting what you'll do, sell or buy and then you go in group by buying or selling knowing exact timing? Is this kind of strategy profitable? Did you try it? Wanna try it? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) cheers No,I have never participated in pump/dump groups and I don't plan to organize such group. If it was so easy for pump/dump groups to manipulate the cryptocurrency prices,then the internet would be full of pump/dump crypto groups.It's really difficult to gather 100 people,who have enough capital and are willing to unite their forces in trying to manipulate the markets. I don't know why pump and dump groups are considered illegal.Isn't a trust fund or a hedge fund organized on a similar principle-Many people put their capital into a fund,that is managed by a few skilled traders. The only different with pump/dump groups is that the traders perform the trades by themselves,without having to give their capital to a trust fund manager.
|
|
|
You guys maybe know some other successful people who started from 0 and now they are billionaires. After reading a brief history of their lives and the what they do you can understand it's not to hard to become rich. They started from 0.0 basically zero and sometime even less than zero. They are living on same world with us, the only difference is the power of will. They aim and work hard to reach their goals no matter how hard it is. The next billionaire can be you or me, we just need to see the opportunities we have. Are you f***ing kidding me?Do you really know how difficult it is to become a billionaire? ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) "The power of will" is not the only difference.Just saying "work hard an be disciplined" isn't enough. This is way easier said than done.I'm lazy and unfocused and will never change my work ethics or become more disciplined. Chinese people are very hard working and disciplined,this is how they were raised by their families,I guess. I never had such a role model in my family.My parents were pretty lazy and I'm following their example. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
|
|
|
Musk was involved with paypal, and has access to a lot of high tech and high tech advisors.
Why then was he so late to support BTC?
The fact that Musk was involved with a company like Paypal is kinda disturbing to me. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Actually Musk doesn't need Bitcoin.He has his own Bitcoin-Tesla stocks. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The Tesla stocks prices increased 11 times in 3 years.This is a pretty impressive price bubble,that can be compared only to the BTC price bubble. I guess that he doesn't want to own another financial asset,that is growing rapidly and creates a price bubble.
|
|
|
The financial derivatives (futures and options) can be way more in quantity,compared to the stock market capitalization.This might look weird to people,who aren't involved in the financial markets. I don't believe that a company like Gamestop(or some financial broker) would issue and sell fake stocks.This is a major crime and the US authorities will catch the criminals for sure,because such crime cannot be conducted without any traces and leaks. By the way,I'm still wondering how the members of a subreddit can mobilize billions of dollars,in order to pump stock prices and create a "short sqeeze". ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
The problem isn't in the crypto exchanges that listed BSV.The real problem is in the crypto traders. Who the hell would buy a shitcoin like BSV?What's the purpose of this shitcoin(other than pump&dump)? Are there any people,who really believe that BSV is "the real Bitcoin" and BSV will ever replace BTC? Craig Wright will continue forever with his clown game,as long as he has at least a little bit of financial benefit.He is a crazy guru of a crazy sect,but a guru is nothing without his followers...
|
|
|
Nope,price bubbles don't add any value to the economic growth of any country. Price bubbles in the financial markets are created by the central banks and their excessive money printing. The connection between that financial markets and the real 'brick and mortar' businesses are non existent. Stocks can increase it's price tremendously,even though the company,that issues those stocks isn't making any profits.Just look at Gamestop,for example.Does this add any value to the economy?Of course not. i try to understand how bubbles work on economic , and well , its like pyramid scheme i guess . for example : person X bought doge at 0.5 cent price , then the price rise to 2 cent , and after that, person Y bought doge on that price , and a few moment later , price rise more to 5 cent , and the person X sell his doge at 5 cent price , and after X action selling his doge , the price down to 4 cent , then person Y reallized this is the limit i must take, then he sell it , and make the price go to 3 cent , then person A think probably a correction , then he join at 3 cent price.
well , probably i am wrong , but from that explanation, economic will growth for some reason.
No,price bubbles aren't a pyramid scheme.Price bubbles are more like a legal market manipulation or a market distortion.
|
|
|
I am an Android user,but I have never downloaded a cryptocurrency app in my entire life. I prefer browsing cryptocurrency related websites and trading platforms on my laptop. Using a smartphone doesn't seem convenient enough to me. I have always though that Android crypto wallets aren't secure,so I'm too scared to use an Android wallet. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It's quite funny that the Pi network app is so high in Turkey and Romania. When I'm searching in Google Play,the Pi network app is usually in my recommended list,which is weird. I guess that many people want to get this Pi altcoin for free. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
"To create a framework for the creation of the official digital currency to be issued by the Reserve Bank of India." It is clear that the Indian government wants to ban cryptocurrencies just for the sake of promoting their own CBDC.Also they don't plan to ban the blockchain technology,just the cryptocurrenices. We may witness the same thing happening in other countries,when their central banks launch their CBDCs. However,I don't believe that the Indian central bank digital currency will be launched anytime soon. The only way to respond to such bill is to hide your private keys and use crypto exchange platforms located outside of India.
|
|
|
Разменянето на мерити е в нарушение на правилата. Целта на меритите е да 'награждаваш' когато мислш, че някой е написал нещо читаво. Не го прави защото ще ти ред-рагнат акаунта. Никъде не съм написал,че искам да разменям.Просто ми се струва нечестно някои да заобикалят правилата. Пишещите “нещо читаво“ в форума са обикновено хора с по 2000-3000 мерит. Дори да им дам,те нямат нужда от повече мерит. Аз искам да давам на хора с по-нисък ранг,които имат нужда.Проблемът е,че трудно намирам качествени постове от членове с нисък ранг.
|
|
|
It's not about big and small traders.It's about skillful vs. inexperienced traders. If you are a small but skillful trader,you will make money. Trading is a zero sum game.The profits of one are the loses of another.I wouldn't call this robbing,because the traders,who lost had joined crypto trading voluntarily. Only trade with money you can afford to lose.If you lose,then just quit trading.There's no point of whining or blaming someone else.
|
|
|
Congratulations about this achievement. I never really cared that much about getting merit in the past 2 years,but now it's time to put more effort and get to the Legendary rank. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The merit system really helped for reducing the forum spam and account farming,but it kinda concentrates more and more merit into a small group of dedicated forum members.Some of those members forget that there's no point of hoarding merit and they don't give merit to users,who really deserve it. Perhaps,theymos will think about deleting the sMerit of all inactive users,or deleting sMerit,that wasn't given away after a certain time frame,for example 3 or 6 months.
|
|
|
What's the benefit for Israel,if they start a war with Iran? The prime minister of Isreal isn't very popular,a war might boost his rating(or it might have the opposite effect). I don't consider Iran to be a regional superpower,they have their own economical and social problems. We've all seen the rumors that Iran is using cryptocurrency to avoid the US sanctions,but is this really true? A war in the middle east won't have any major impact on the crypto industry,but there's a small possibility that such war might turn into a world war(if USA and Russia join),so the potential risk for the world economy and the crypto industry remains.
|
|
|
|