It's not the right time to start buying crypto coins right now because the next chapter for crypto with be filled with lots of bad news just to pull crypto value down and down so that they can buy for way cheaper price, who are they anyways? We'll figure that out yourself, bear market is 💯 real and it's coming, be prepared for more bad news
1. I think it's already here. Most top coins decreased in value over the last 7 days, and over the last month as well. However, I don't think it's due to manipulations. It's really hard to manipulate coins with big market capitalization and a lot of trading volume because you'll need tons of resources to make a difference. Unless, of course, you count news articles and tweets as kinds of manipulations. 2. I don't think anyone believes that the market overall is resistant to manipulations. There are tons of shitcoins which of course can easily be manipulated because of their low trading volumes. When it comes to Bitcoin, however, immense resources are required to make even a small short-term difference (if, again, we're not talking about the impact of information).
|
|
|
I've had a bit of experience with getting a token listed, and it's not as simple as it might seem. I'd say that getting it listed on a top exchange is very difficult, and you'd probably have to move up gradually, having it listed on only somewhat popular exchanges first. You'll have to provide a lot of info about the project and, from what I've seen, pay a significant amount of money. I'm talking about centralized exchanges here, but you should probably look into what tvplus006 mentioned about decentralized exchanges. If I had to list a coin these days, I'd start by looking at recently added coins on Coingecko and analyzing which exchanges these coins are being traded on often. The one I see come up often with small tokens is Uniswap, and they have info on listing a token there which you can look into. If you manage to get your coin listed or gather info about the process, I think it would be interesting to many people to see followups from you in this thread (or you can make a new one). It's useful information that might help others in the future. Good luck!
|
|
|
a) 10 b) 1:40 a) 12 b) 2:17
|
|
|
Crypto startups and Bitcoin are two very different things. So it might end up being an endorsement of scammers, a way to launder money or a way of focusing on everything but Bitcoin in hopes to make it weaker. They can focus on altcoins, on different blockchain use cases etc., so I think this news is not as good as Tesla investing in BTC used to be. It's vague and there is a good chance it's not going to help Bitcoin recover because it's not about seeing the potential of Bitcoin. Hopefully, it won't be bad for the market either, and it's nice that cryptos still attract institutional interest.
|
|
|
I'm curious to find out if the US manages to get away with all that extra dollar printing they did because of the pandemic. Since nothing like this was ever done before, nobody knows how this will turn out and how safe this move was. Dollar is not getting out of control for now, but the inflation rate is already above normal. What's sad is that if dollar goes down, it won't be bad merely for the US economy. Many countries largely rely on how their fiat measures up to dollar, so there will be chaos once the etalon is down. Moreover, China will definitely become the dominating world's economy in that case, meaning that it'll be able to get away with more human rights abuses and other things because the world will depend on China even more than today. Unfortunately, crypots aren't strong enough to take over in that the USD devaluates at a high rate. The scalability and volatility issues would only worsen under such circumstances. So I hope the US takes the warning seriously.
|
|
|
Devaluation of a currency is supposedly good because it motivates to spend money, not hodl it. However, there's no conclusive evidence against a devaluating currency. Moreover, Japan, one of the biggest economies in the world, has an effectively stayed afloat with a devaluating currency. I think they see it as a bit of a problem as well, but it's still a pretty successful case. And there are lots of cases when inflation got wrong, and yet nobody abandons it as a central financial approach to a currency, so I'd say a deflating currency is an underresearched topic.
|
|
|
COVID 19 enriched majorities while the minorities suffer. The current increament in the cost of commodities in the market is alarming bad yet the majorities who are representative of the minorities (politicians) seem to pay less concerned. This increament before now was tag to be as a result of Covid 19 which interrupted importation and exportation of good and services. It is expected that with the decrease in the Covid 19 spread I thought their will be a corresponding decrease in prices of price the reverse is the case. My question remains is their any hope for price decrement.
I think everyone suffered a lot from the pandemic, but poorer countries and smaller businesses were hit harder than others. The US printed tons of Fiat, and inflation is already a bit higher than expected if I'm not mistaken. As for Bitcoin, it recovered from the initial hit of March 2020, and I think it became largely independent from the pandemic, unlike the global economy. So the price can go up or down, based on other events and their media coverage, but it's impossible to predict where it'll go.
|
|
|
The problem with debates is that they're not decisive, and this isn't even going to be a proper debate. I'm sure that Jack will come prepared and will offer good points about Bitcoin. But if Musk wants to believe that Bitcoin is unsustainable, he'll keep believing it. I think he's going to talk to Jack because he enjoys attention, but I don't think he'll be convinced ultimately by Jack. If people have strong opinions, it's almost impossible to change them, especially by presenting facts and other relevant data. People react better to appeals to common experience and values and slowly moving towards negotiations about differences.
|
|
|
Op, I think it depends on how petitions are treated in your country. In my country, it's possible to file a petition on official websites of the government, to the parliament or to the president. It's very important to file it there officially, and to file it to the relevant authority (because the government, the president and the parliament have different competences), and then there are 90 days to get 25 thousand signatures of my country's citizens. Then the petition receives an official response from the authority, and usually it at least leads to some legislative progress on the matter of the petition. I don't know how it works in Bangladesh, but if it's similar, then it's worth a shot. Good luck!
|
|
|
Bitcoin made me rethink what money is, and which role various institutions playin its distribution and regulation (and whether this role is justified). It also motivated me to get to know more about how fiat works as well (to see the differences between cryptos and fiat), how trading is done, what are stocks and many other things about economy which I didn't know and probably wouldn't have learned otherwise. Apart from that, I think I became more chill about money in general, seeing how volatile Bitcoin is. Nevertheless, I'm still waiting for the times when I can use Bitcoin freely to pay for any things that currently require fiat. I hope that we're still in the early days of adoption and many amazing things are ahead of us.
|
|
|
13) Ciryl Gane 12) Tanner Boser 11) Raoni Barcelos 10) Andre Fili 9) Tim Means 8 ) Renato Carneiro 7) Danilo Marques 6) Shavkat Rakhmonov 5) Warlley Alves 4) Marcin Prachnio 3) Julia Avila 2) Charles Rosa 1) Damir Hadzovic 60 total strikes
|
|
|
It's a huge amount of money they've managed to steal. I've never heard of this exchange (or it is an investment scam?), so I'm surprised they had so much money on their hands. I'm very sorry that many people lost their money there and clearly won't get it back. I think it was an exit scam. If it wasn't, I'm really sorry for the owners as well, but even if they're so young, couldn't they realize that huge finances require top security professionals? This is just another reminder not to keep money on any exchanges and to deposit the money specifically for the purpose of buying something and withdrawing big sums as fast as possible. Then again, it's impossible to follow this advice if you're a trader because you need a balance on an exchange if you're making many orders regularly. So at least it's important to use the most reputable exchanges that are less likely to steal your money.
|
|
|
He was arrested for tax evasion and commited suicide when learning that he'll be extradited to the US. Is tax evasion such a big crime in the US that death seems like a better option to him? I mean, in my country, you might even get away with zero prison time if you pay all the taxes back as an act of goodwill before being convicted and then probably pay some fines once convicted. Then again, he clearly had some mental issues and issues with the law even prior to this whole tax evasion story... He wasn't good for the crypto market with his manipulative statements, and it seems that he generally wasn't a particularly good person, but it's still sad that he felt so hopeless that decided to commit suicide or was killed (I don't think he was, but given how he said before that if he's found dead, he's killed, it's possible).
|
|
|
The article uses neutral formulations, it seems to me, whereas the op formulates them via the male pronoun, even though obviously gambling addiction isn't restricted to males. I also don't understand the part about a manic episode (and I don't see this one by the link the op provides as a source). Can you explain why it's one of the symptoms? If you know someone who seems to have a problem with gambling, gently suggesting this person to get some help is probably something you should try. But pushing your friend towards going to a psychiatrist might not be a good idea.
|
|
|
If you've been buying for a while, you probably have a significant amount in BTC already. Funds are not infinite, so it's fine that at some point you're not able to buy more even though the price is currently quite low. If you're feeling nervous about being unable to buy, then it sounds to me like a case of compulsive buying which is problematic. Financial operations require an emotionless attitude, not to make irrational mistakes. Just hodl if you can and wait for the market to recover. It can take months or years, but I'm sure it will happen eventually, so your investments will pay off.
|
|
|
It isn't that mining in China suddenly isn't "great", it's that the CCP is outlawing mining. And the reason why there are still miners operating in China, apparently it's because even though a huge percentage already shut down and started moving, it's a gradual process, not something that happens in a snap of a finger.
Of course, moving businesses takes time, but the situation has been unstable for a couple of years, so there was plenty of time to start the process. And when mining is outlawed, I think it qualifies as a situation which isn't great for mining business. The 2nd is that the people creating and running the mining operations in China are <drum roll please> Chinese, which of course made it a natural choice to base their operations there.
Damn, I can't believe I didn't think of this If that's the case, of course they're trying to stay in their own country. Then again, it doesn't explain why miners are largely Chinese (I mean, why people from other countries didn't get that interested in mining). And third, regulations! It's one thing to run a mining farm in China, where you can do your own wiring and not care about inspections, and a different thing to try this shit in the EU. By the time you finish with the paperwork you two more halving have occurred and Bitmain is already at S61 with the gear. And all this paperwork costs money, money, and time which are essential.
Of course, moving to the US or the EU is difficult, which is why I've mentioned different countries in the post. As for electricity rates, there are indeed some significant things to account for that the average data doesn't show.
|
|
|
I don't think anything out of the ordinary is happening with the price now. It's been a month of the price largely below $40k but always above $30k. It goes in ups and downs all the time, jumping by a few thousands here and there, and it seems to be already recovering from the current tiny cycle. The market is struggling, and I guess there's a lot of tension between buyers and sellers now, but it's not like we're seeing the price dropping even further for now, so there shouldn't be a particular reason for the fluctuations we're observing.
|
|
|
Firstly, people risk with their lives a lot. I mean those who jump with parachutes and engage in other activities which might end with death and aren't necessary for a good life. As for computers, I think it's less common because the risks are about potential rewards. If you risk with your life, you're probably ding it because the feelings you get in return are worth it for you. If you risk with money, you get a chance of obtaining even more money, and some think the potential reward is worth it. And I think that in choosing between risking with money and with life, it's more rational to risk with the former because if you lose money, you can eventually recover from it, but if you lose your life, it's over. In any case, nobody should be encouraged to take the risks, I think; it should be a personal decision.
|
|
|
China hasn't been exactly crypto-friendly, sending mixed signals for years. But recently, it has been quite straightforward and not friendly towards crypto miners. It started with Inner Mongolia's mining restrictions, but is now spreading to other regions, such as Sichuan. Nevertheless, it seems that mining is still done predominantly in China. Why is that so? The first thing that always comes up as an answer is cheap electricity, but is it that cheap and a good enough reason to do business in a country with an authoritarian regime and hostile attitude towards Bitcoin? The electricity rate in China is certainly lower than in most of the EU, but there seem to be tons of countries with even lower electricity rates, some of which seem like viable options for mining farms (Ukraine, Georgia, Turkey etc.). So why is China still the #1 country for miners if there are other options and if China isn't that great?
|
|
|
Bitcoin makes 3 steps forward and then 2 steps back, that's how the price cycles seem to work. So I wouldn't be surprised if eventually the price falls down to $25k or something. But even with these huge correction, the overall upward tendency is pretty obvious because there are fewer steps back than forward. People are now unhappy to see $35k per Bitcoin, but it was a dream to see the price go so high, say, a year ago. The first bullish market can be emotional, especially when it's over. But it's my second round (I got my fair bit of emotions in 2017-2018), so I truly feel calm about all this.
|
|
|
|