Also Bitcoin, if setup properly, cannot be confiscated. Bitcoin basically frees a person from being controlled by a particular country's monetary policy.
The problem is that a lot of those who bought Bitcoin for one reason or another still have a completely wrong understanding of how it is safe to store it where they bought it. Not only are they at risk of being hacked through phishing, clipboard malware or exchange hacking, but at any moment their funds can be frozen for any reason. Even if you set things up the right way (non-custodial wallet), you can still depend heavily on the central system if you can't buy anything directly for Bitcoin, or if you are a client of a bank that is not crypto-friendly. In an ideal world where Bitcoin would be accepted everywhere, we could say that we are free in the financial sense - until then, someone can find himself in a situation where he has a certain amount of Bitcoin, and literally be hungry because there is no way to exchange Bitcoin for anything.
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Everyone has the right to their own opinion, but no one should take posts like this as some kind of official opinion of the forum because it comes from a Legendary member who has not written a single reason why he thinks $300k is a realistic option in such a short period of time. We know that the next halving will be sometime in the first half of 2024, and we also know that, looking at history, a big bull run followed after that - but no matter how optimistic someone is, a price increase of even x15 seems a bit unrealistic to me.
Also for those who are waiting for a new price crash, it may or may not happen - and if you buy BTC for a few hundred $, the difference in the price today and a lower price of say $15k is not that significant. I have experienced this situation several times, the first time when people were waiting for the price to drop below $1000, and the second time for it to drop below $10 000 - it never happened.
Anything under $20k is cheap (not financial advice).
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We will see proper use of bitcoin when we will have a repeat of 2008. Demand for Gold and Bitcoin is going to sky rocket.
You overestimate the majority of people in that they have the ability to recognize an opportunity and an alternative, and this is also evidenced by the fact that we have less than 5% of people in the world who have recognized Bitcoin from 2009 to today - so I will ask the question "will anything change by the end of the decade?"I would like to be wrong, but most people behave like remote-controlled robots, just look at the crazy measures in the pandemic and how many people followed them without any question, even though today it is shown how pointless it all was. I would say that the demand for Bitcoin will increase, but not from ordinary people, but from big players who invest the most in the time when there is blood on the streets - and that is right now.
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While this is a good move I am of the opinion that as long as it tied to the fiat it will still be affected by many external influences, inflation, taxes, Federal Reserve policy etc. Hopefully, we'd hear of the big announcement soon enough.
A good move perhaps for politicians, but what good is there in any central currency, whether digital or not? I don't understand why people are so fascinated with CBDC, which will only violate their privacy even more - to the same or even greater extent than bank cards or various payment applications do. I thought that the people who gather around Bitcoin would understand a little better in which direction the digital central currencies of the banks are headed, but all those who in any way experience it as something positive still haven't understood why Bitcoin exists...
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If OP improves his post quality and enters a nice signature campaign, he will in no distant time rank up to Sr member because his activity count is big already.
I think that will no longer be an option because the OP got a permanent ban for plagiarism - and according to what can be seen in BPIP, he only recently woke up and changed his password, so it is possible that the account was sold - which would explain why he ask some typical beginner questions.
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I hate all the process of proving anything and KYC, that why I don't use casinos
I believe that the automatic systems used by many online casinos to prevent abuses have a very high percentage of false detections, but it seems that this is the only way they can protect themselves. However, the OP says that he is verified at level 3 (I assume that is the max level), so it is not clear to me why they are causing problems for users who have been verified. Personally, I have nothing against casinos, but if I want to play, I still choose physical casinos or sports bookmakers.
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Even if we don't have the current situation, I believe that Bitcoin would still be in its regular bear market, although it seems to me that the price would be at least 20-30% higher than it is now. What pushed us this low is surely the biggest crypto scam in history with the Terra/Luna fiasco that caused over $60 billion in damage, and from which the crypto market will not recover for a long time.
Pandemic, inflation, recession and war have their consequences, but a lot of people lost everything they had because some hypocritical little bastard played with what he shouldn't have.
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Big ass interest rate... if Binance wanted to really help interest wouldn't be 10%.
You noticed that well, and it was also the first thing that caught my eye with this generous offer. Obviously, CZ and his team are no better than those local criminals who lend money to desperate people, with the only difference being that the criminals have some painful debt collection methods. I just wonder what the KYC process will be like for anyone who decides to accept such an offer - maybe a picture of the owner's face next to each mining device with an invoice and serial number ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Really?? So a youtuber posts scam links and you are still interested in listening to him? What is wrong with you, people?!
Some people really have a hard time understanding something that is so obvious, and it is even stranger that such a question is asked by someone who has been on this forum for 5 years. People looking for financial advice on YT or anywhere else on social media really have a big problem. Freedom of speech combined with millions of naive people is a really wicked combination, isn't it?
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~snip~
You opened a thread on that topic yesterday, and now you're posting here without warning the OP to close this topic - because we currently have three threads on the same topic in the Bitcoin discussion. https://bitcointalk.org/index.php?topic=5417279.0
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I would like all children in the world to have the opportunity to go to school and at least learn some basics (reading, writing, math), and after that all those for whom this is something completely normal start learning how to protect themselves from all the dangers on the internet, which includes crypto scams. For me, this is a much bigger problem that we seriously need to face, because the negativity that comes from all crypto scams has a very bad effect on the perception of what is the only important thing in the whole story, which is Bitcoin.
People who advocate altcoins, especially those who are premined should better understand the differences between Bitcoin, altcoins, POW and POS in order to understand what they are talking about.
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Let me get this, please. The "creator" he meant is what I am confused about. Does he mean being special to Satoshi or to God? (Which creator).
I'm pretty sure the member I'm referring to is referring to god, not whoever created Bitcoin. Satoshi was an ordinary man with an idea that some other people had before him, and he, unlike them, managed to implement that idea into a work that managed to catch on. No matter what some people live in their fantasies, Bitcoin was invented by man, all the time it is powered by technology controlled by people, and god (whatever one calls him) surely has much more important work to do than dealing with technology and finance ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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@swegmen1, thank you for the warning and the detailed description, and I hope that the $200 is not something that meant too much to you in your life, so that it can be just one life lesson for you. If you can somehow (in the future) separate everything that belongs to entertainment (and it is risky) from anything related to cryptocurrencies, that would protect you from something like this happening to you again. Pirated content whether it's movies/music or software is very risky and you should find an alternative in a legal way to access such things.
I advise formatting the disk and a fresh installation of the OS to make sure that you have removed the infection.
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To me, it is completely pointless to connect Bitcoin and religion the way some do, even though today everyone can found their own religion and preach in the way they want. It is true that some people may be misled in this way, so I think that people in such positions should refrain from anything that could be perceived as financial advice.
That's why I pointed it out. The Bitcoin price/market doesn't work by any form of prophecy.
Of course I agree with you, but there is a person on the forum who claims that with his actions he can influence the price of Bitcoin, and the whole thing is of course based on faith and belief that if he asks the creator to move the price to $22 000 he will listen to him because he is special (or so he thinks). I have never had any sympathy for religious fanatics of any kind, although I respect any religion that makes people better towards others and themselves.
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There will always be a way to circumvent any law or regulation in a smart way, even without living in fear of breaking the law. One way is to use decentralized crypto exchanges like Bisq, or regional alternatives where people will organize themselves through social platforms and trade with Bitcoin. The only problem I see is that transactions in physical stores could be a little strange, especially if you pay with crypto in a cafe or restaurant, and before that you have to do a kind of KYC, which is a bit strange and impractical, and everyone will choose to pay in cash or by card.
What is logical for politicians is often not logical for ordinary people, but by 2024 a lot can change for the better, but also for the worse.
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_BlackStar, I looked at the post history of that member and he is a classic shitposter, so I suggest you waste less time on reporting multiple posts in a row, and focus more on signature spam reports. That's true, but so far I've given up on gambling board regarding reports. Several times I have said, many of my reports are not handled on the gambling board even if I am absolutely sure about my accuracy. That's the reason why I don't report posts there even if many people admit that they are spam. It seems that you are right, because yesterday I reported a few posts in that board and they are still unhandled, while all the others have been positively resolved. I don't have too much experience with reports in Gambling, but I don't want to believe that this board is left to spammers, because every spam, especially signature spam, should be treated equally. I wonder what criteria some managers have when they pay for such posts at all...
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If you are looking for a large number of channels at a low price and if you are not too demanding about their quality, then IPTV is a service that will satisfy you. All IPTVs offered through the forum are in Goods -> Digital goods (Invites & Accounts) and as far as I've seen, they all accept BTC - and if you want to find more, I suggest you use the keywords IPTV - Bitcoin on any search engine.
Of course, a test for at least 24 hours is mandatory, and it is best to test at the weekend, when most people are watching TV, and thus the servers are under the greatest load. From personal experience, I had a service that worked almost perfectly every day except for weekends when it was practically unusable.
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I will never make this, because this would make my BTC suspect. And there is a risk to make my BTC's dirty.
When you talk about tainted BTC, then you should know that you also very likely have BTC that originates from some problematic/suspicious transaction - so if someone really wants to analyze the history of your BTC, a link to some dirty coins would not be strange. All those who would be strictly guided by accepting only virgin BTC would very quickly find themselves in a big problem. Of course if we make the change on a CEX, it would be possible to trace back the origin, because the CEX will have a history-protocol. But I guess not, when we make this via DEX.
I know that Bisq works in such a way that each user has the software on his computer, and the connection between users is via the TOR network, so that the user's privacy is ensured. I cited it as an example of DEX, which is often mentioned in a positive sense when it comes to secure and no KYC trading. If I am right: Why do people use BTC mixer? Isn't changing BTC into another crypto and change them back, not the much better solution to cut off the trace?
Not all mixers are the same, and even the best ones cannot ensure user privacy if they use them in the wrong way. The goal is not only to break the link between your deposit and what you will get as a result of the mix, but also to be smart and use mixed coins with a time delay to make it difficult for someone to connect deposit A with withdrawal B.
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Sir, we can appeal to our subjective realities all day long and question each other's honesty or good faith. But how about you watch this week's Amsterdam conference (there's a free livestream) or book a flight to Miami next year? We can talk about the cult-like status of the community after you experience these large conferences first-hand.
I honestly don't care what anyone says or does at these conferences, because none of these people can speak as some sort of official representative of the Bitcoin community. Although I will not say that there is no positive side of such gatherings in terms of finding business partners and exchanging ideas, the perception that I or someone else should feel like part of a cult is completely wrong. A private investor like Saylor can say what he wants and can buy as much BTC as he wants, but he and all other investors do not represent the Bitcoin community. I think you've mixed things up a bit too much, and that your theory about some kind of cult is as pointless as that economist who gave you an interview.
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I think the violation of that rule comes from simple ignorance of the rules, whether it's a classic bump post that's quite common in some boards, or it's new members who don't know how to post using multi-quote. What I have noticed is that some people deliberately do not delete old bumps so that their threads look like there is some kind of discussion going on there, which in my opinion is obvious abuse and should be punished in the long term with at least a temporary ban.
I would suggest that this rule be supplemented with the following "more than xx bump posts deleted by mods = permanent ban". Of course, the question arises as to who will count the deleted posts, but that's why we have BPIP and it's easy to look at the statistics of deleted posts.
_BlackStar, I looked at the post history of that member and he is a classic shitposter, so I suggest you waste less time on reporting multiple posts in a row, and focus more on signature spam reports.
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