Each holder will definitely have their own interests, but the true holder will definitely be stronger to plant crypto in a long time. So if we want to cuan, have to save coins for a long time. If you agree or disagree, please give me good feedback. thanks
There are thousands of altcoins, and many of them won't pump no matter how long you wait because they were useless in the first place / were made by a company that committed an exit scam / didn't have a strong community behind them. So it's not as easy as buying random tokens and waiting. But if we're talking about strong projects that already received a lot of attention and have high market capitalization (excluding Doge and similar artificially pumped coins, which can be a very risky choice), then it's likely that buying some and waiting for a few years will result in profit (although, of course, this won't happen for all of them). |
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There doesn't seem to be any major negative impact, and there's no reason for the impact to be delayed, so I'd say we're fine. It truly seems that we're finally past the times when any FUD related to China caused something like -15% price drops and perhaps even some midterm negative impact (when combined with some other factors). It's kind of like marginal utility: it happened so many times, that it doesn't produce the same effect anymore. It's still bad news, of course, because a huge part of the population lives in China, so it does affect a lot of people. But at least the global market it doing okay.
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The phrasing in the original post is indeed weird since, as others pointed out, gold is not printed. However, if we consider sudden discoveries of more gold, it's a real problem and it caused inflation before (see this famous story for more information). Such events don't happen as often as printing more fiat does, but they're possible, and thus gold isn't fully protected from inflation. As for cryptos, though, many are also without fixed supply, and it can be fairly easy to make some more at any point, especially if the coins doesn't have proof of work or proof of stake implemented. Only some are like Bitcoin, having mechanisms in place to ensure fixed total supply as well as limited circulating supply (halvings). |
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1) Who will receive the ball first? Bucs
2) Will the Bucs cover the -7 point spread? Yes
3) Game total 52? Over
4) Highest scoring Quarter? 2nd
5) Bucs total points? Even
6) Eagles total points? Even
7) Tom Brady to throw for 350 yards? Under
8 ) Jalen Hurts to throw for 300 yards? Over
9) Antonio Brown score a TD? Yes
10) DeVonta Smith to score a TD? No
Final Score prediction 30-24 Bucs
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Am thinking of starting a betting journey and have hard experience in slots and other online gambling games which are risky because it requires a gambler to have some skills, but in tennis or live football betting is all about predictions and luck?
Which will refer for a beginner should bet on tennis games or football which among the two is easy to forecast.
I think there's more luck involved in predicting sports than in, say, poker, but that largely, skills matter significantly. Needless to say, it's a big change coming from slots because slots are purely luck-based. If you're choosing a sport, I believe you should rely on prior background. I, for instance, started with football because even though I wasn't much into sports when I started betting, I at least knew the rules of football because it's a very popular game that pretty much everyone plays during childhood in my country. And understanding the rules of the game helps you understand the sort of bets you can make and what they mean, which is an important start. Then you can choose a league, read up about the teams and their game history, and try to use this knowledge to make predictions. Of course, though, don't forget the golden rule: only bet as much as you can afford to lose. |
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I have speculated that NFT will be the next part of the cryptospace where much of the money laundering and tax evasion might occur. Why is this? This is because NFT is art and much of the art world is unregulated.
I haven't thought of it before, but it's indeed quite convenient for money laundering. You create something useless and worthless, make an NFT, open an auction, set a starting price, and then you can pretend to buy it from yourself or ask a friend to formally do that for you. The money used for the purchase can be 'black', but you get it 'white' once you sold your product. It honestly doesn't sound like anything particularly easy to regulate, and I'm sure there are similar schemes in traditional auctioning as well, so what's important is that they're regulated with equal rigorousness rather than that NFTs get super-tough regulations just because cryptos are involved. |
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Even though cars are quite popular in my country, with around one car per household, I don't have a car and don't plan to own it because I believe it's an irrational usage of space, and a bad environmental decision. So I think it's good that the fuel price is rising because this will discourage using fuel as well as buying a car. As for the price, it's roughly 1 EUR per litre in my country right now. And more generally, moving away from fossil fuels is very important because, as has been shown in this thread already, it's the least safe and the least eco-friendly energy source out there, so developing and encouraging the adoption of alternatives will literally save lives.
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China still plays a major role, especially for crypto gambling. But the topic was discussed and made relevant many times because of various restrictions China introduced in the past. There were times when the influence on the price could be pretty significant (-20% price drop within a couple of days, and then the price being relatively down for a few months), but nothing China did could permanently damage the market, evidently. The most 'ban' (which was actually the Central bank declaring crypto transactions illegal) barely backfired (the price dropped from $45k to $42k, but then recovered and went up to $47k within one week), so I'd say that China's grip over the price is loosening. If China finally manages to ban everything crypto-related and makes it a criminal offence, this might have some midterm impact on the price, but that's not very likely to happen, and even such an even would only affect the price for a few months. |
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El Salvador is indeed taking some unprecedented steps in Bitcoin adoption, and it's really great that they're making use of the Lightning network, the adoption of which wasn't going too well before this. It's also impressive that Bitcoin is valued more than Western Union there, but IMO the comparison should be between the number of international transfers (per month, per day) via Western Union and Bitcoin to really see if payment processors are going away there. That being said, El Salvador isn't saying goodbye to the USD, right? So it might be the end of payment processors, but not of fiat and probably also not of traditional banks in this country.
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I have seen there whatever has a huge upside also has a huge downside. This is the case with crypto currency, including bitcoin.
Can we point out the risks that one faces in investing crypto assets based on these:
1. As a retail investor
2. As an asset manager (hedge fund business)
3. As a trader.
If you're #1 or #2, the biggest risk if the bear market coming. Bitcoin stayed low through most of 2018 and 2019, and not everyone can afford to see the investments being so low, and yet keep hodling and waiting it out. It's not so much about day-to-day volatility because that, IMO, is irrelevant for this sort of investments, as it is about a market tendency that can last for a few years. As for traders, you just need to be very skilled, I guess, and then even a bear market isn't a problem because a key to trading is learning to use volatility to your advantage, and there's always some positive along with some negative price movement during any market situation. |
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
There's a community of people who are interested in Bitcoin for all sorts of reasons, and sometimes they can unite and organize events or encourage local legislators to make Bitcoin and other cryptos legal. But this isn't enough to call this community a social movement, IMO, because it lacks the common ideology. The interests align sometimes, but some people care about Bitcoin because they think it'll make them rich, some believe in the idea of decentralization and adhere to values of the Austrian economists, others are very privacy-focused and like it that Bitcoin can be sent without IDs, and I'm sure that within the community there are people from all parts of the political spectrum. There's also no formal organization behind Bitcoin or cryptos specifically, it's more about the community of users with Bitcointalk being a place where you can talk with lots of people from this community. |
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Anyone have views on this movement that seems to be gathering pace last few days? The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others. Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal. Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table. I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here.  $100k seems a very realistic prospect for the end of 2022, and I'm sure many people are interested in hodling till this symbolic target price. That being said, I don't like the idea of uniting and hodling till $100k because then comes the natural question: what next? And if the goal is to hodl till $100k, they'll most likely sell everything once the price gets there, and this will be very damaging for the price as well as for Bitcoin's reputation among investors. Everyone should have a target price or at least a target purchasing power because otherwise Bitcoin's just numbers on the screen. But if many people set the same target price, it'll have negative consequences for those who are left. |
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a) 12 b) 1:39
a) 15 b) 2:06
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Game 1: 15' 1-0 Flamengo
Game 2: 15' 1-0 São Paulo FC
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Bitcoin is unquestionably going within the positive trajectory, with the price getting higher and higher from the long-term perspective. However, we've also seen that sometimes it takes years to recover, and that's something many people and perhaps also businesses cannot afford. Inflation is also argued to be a good thing because it motivates you to spend money rather than hodl it, but that's only relevant to the discussion about Bitcoin being a kind of money, not a long-term investment or a store of value. It seems to be one of the greatest options in the world when it comes to long-term investments, but it's also worth noting that this is only the case if you believe that Bitcoin will keep growing. There's no guarantee it won't crush one day and never crawl back, so this is also something that probably stops a lot of people.
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Tether is used by many and stablecoins are a rising market, but are they really stable?
What makes a stablecoin truly stable and what can we do to assure they are backed 1=1 unlike Tether.
You're right to ask that question because here's the neat part: they're not. There's no way of knowing that Tether or any other stablecoin is actually fully backed up with anything. So there's a good chance they're not or otherwise the company would surely be happy to provide the proofs and brag about it. That means, in turn, that it's all a very dangerous game that works as long as there's a lot of liquidity and trust in Tether. But if anything happened that suddenly motivated the majority to sell all their Tether and keep their belongings is other cryptos, it would probably lead to a disastrous explosion of the price. |
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Op, first, you should know that it's okay and if you sent it to the right address, it will get there. Sometimes transactions get stuck, and I've experienced situations with transactions stuck for 10-15 hours. My friend once had to wait for something like a week, even. In the end, it's just a matter of time. Now, can you show us the transaction? Is it still stuck? Also, do you remember the fee you paid? There was a spike in average fees recently, and it's often in moments like this that your transaction gets stuck because the fee is too low now. For instance, $3.55 is currently the average fee. You can also calculate the fee in another way, of course, but it's just a useful website for beginners, IMO. Chances are, you set the fee too low, and it's just best to wait it out until the fees get lower and it will get confirmed. But the question is, of course, how low you set it. |
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Any alt coin suggestion expect ada.In my point of view of ada still can't surpass ETH in the smart contract field and even if they can make it will be hard to be replace existing eth smart contract eco system.Moreover late coming project like sol even surpassing to ada,all things ada have is the loyal user base and nothing special things in tech
When people are interested in long-term investments, I always wonder why they don't consider simply buying Bitcoin and waiting for its time to come. I mean, Bitcoin still heavily dominates the market and grows very well. Then there's Ethereum which is obviously also a great choice. It used to grow slower than Bitcoin and it fell lower during 2018, but this time around, it's doing great. After these two, I think that Polkadot is the only one that can get to #3. I don't think anything will suprass Bitcoin or Ethereum, but Polkadot can get right behind them, in my opinion, due to a very impressive team and many resources that it possesses. |
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More context would be really nice. Is it an English test of some sort? I see there are questions asking to translate stuff. So if Bitcoin and cryptos are mentioned, it's assumed to be common knowledge for the test-takers, right? Since the English test is not supposed to presume a specific background and ask about things that might simply not be familiar to people who are taking the test, correct? I hope it's indeed the case and people won't have trouble translating it because of not knowing what cryptos are because that would be unfair to test-takers IMO. Or is it some sort of universal test that also checks knowledge? I see some saying that the test question asks to say what Bitcoin is, but I'm honestly confused about the test in place because in my country we only have subject tests when being admitted to universities.
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