Good question. Technically, bitcoin started from the lowest and it did go up to somewhere up which no one could ever imagine. Meaning to say that, people who went in from the highest price of the bitcoin and was expecting to profit is somehow something that has to be argued with.

Bitcoin is not your typical investment vehicle. People only invest here by choice and without force. Risks are transparent enough for the people to decide their fate. Lows are already expected unless you believe that things go as fantasy.

The point is, people only believe when things have results. Then they expect to have the same when they go in. They feel like things go like that but it's not. This applies in investors who only feared on missing out. That's their problem. We're good at what we know and what we're doing. Unless they seek advise and help and personally reach us. We would be more than happy to assist.

This is insane. I don't think that it is legal to shutdown someone's account without any valid reasons to do so, unless there is one.
But honestly, let's say there was a violation made by the account holder. They should state or inform them with complete details why they had or^ they have to shutdown the account.

This is totally a violation on the side of Paypal. As a Financial Institution, they have to ensure that everything are disclosed properly. Not just that, the trust given to them is something that they have to keep.

On this part, we can tell that Paypal will soon feel the backfire of what they did.

When I read the news I was like "oh here we go again." Wasn't really surprised with the the news to be honest. Everytime that Bitcoin is having its All the high, China acts like a kid with a lollipop and someone attempts to steal it from him.

This never scared me, I know that Bitcoin isn't favoring China's agenda and that's why they ban it. I heard that they are planning to make digital yuans, and well that's good for them. But they had to know, no cryptocurrency enthusiast would want to help them out during the time.

If they think that they have the power on this side of the industry, I guess they should focus on building their wealth in their country.
And for the Chinese who have their business on this field, please guys you may go somehere offshore to continue your businesses, you will never have bond with your administration. Save your passion, move out and rebuild.

I think states and cities having their own currencies is more possible and feasible in the next 10-30 years. When the time comes, states an cities might then realize that national currencies doesn't really help them and they might make their own currencies, pay it to the people who lives within their jurisdiction and accept it so people would possibly stay to their cities instead of going to metros.

People are also sick and tired sacrificing and going to metro cities just to earn funds and provide to their family even with in exchange, they had to leave their hometown.

And that would solve one of the most important problem the countries are experience which are over population, housing problem and scarcity. Imagine if that happens? This might be a fantasy but if it worked, that's a win-win to all.

My answer here is no. Bitcoin will never be replaced by alternative coins/cryptocurrency just because of the energy consumption. Join the miners community and see how they are all planning to have their operations  have 90-95% renewable energy sourced. Not only because they could help the nature to breathe, they will also massively benefit to it as the energy expense will be reduced to almost 10% of what they are currently paying. I don't really think that Elon Musk did not know about this, I'm sure he does. The opinion he had on bitcoin is only a public stunt for me.

If this happen, expect for the bitcoin to accelerate, not even that it would also be more attractive to the investors and people who fears of missing out. We all need to have patience on it as development is being made from time to time now.

But honestly, I wouldn't mine too if we all had to move to alternative coins with less energy consumption and then wait for the Bitcoin to catch up. Well, it depends though but one thing is for sure, Bitcoin will never be at the bottom. We will always find ways to move up.
 

Never worried about the decline of BITCOIN today. If you're into Bitcoin for quite some time now, the decline won't surprise you. It would actually make you feel more excited with the future.

This isn't an invalid opinion. We all know how Bitcoin decrease and increase during the past years. Patterns might not be the same. No predictions that has to be done here. But we all know that Bitcoin was still able to recover and move up its flight to the moon.

You always have to take advantage to everything happens. I guess this is the best time to dive-in just take time and wait for it to go down still then there you go.

Technically wise, Bitcoin will have its next halving in 2024, three years enough time to keep your Bitcoins and have patience. After that, you will then enjoy and apply all the mistakes you learned along the way. Good luck!

I find it a clever way to publicly post your vision without being liable and charged to manipulation or anything. In my perspective, I see what Mark Zuckerberg did there.

Mark’s company Facebook is listed to stock market, meaning to say that all his statement might be taken against him if it is something that affects the market or conflicts his interest. By look at this brilliant move posting pets and naming it as a message. No suctions, no cases to be filed and no charges to be made.

I just wanted to speak with Mark and tell him that the message has been received. Max (one of his goat’s name) and Bitcoin (his second goat’s name) only means that, Bitcoin will soon go high as per Mark Zuckerbergs thoughts about it. It might be based with their extensive research, advises or intel. You name it, mark have a massive intelligent people on his payroll so that is not impossible.

I find it easy to debunk the Bitcoin Energy Consumption Drama made by Elon Musk with two simple questions.

First question will be, did Elon Musk know that miners operations are being developed and to the point that they progress to have their operations run with 75% of the energy used are renewable? If yes, then I guess the CEO is trying to test something or doing some Public Relation Stunt so on and so forth.

What about the cobalts being mined by the young Congos? Shifting and the topic and asking Elon would make him look a hypocrite. I just hope that he doesn't belong to that group of people. That would hurt my heart enough not to respect him as one of the best entrepreneurs.

Well, I just think that Elon Musk is planning to established and publish a coin that has a very least energy consumption. He's not contrast with the idea Bitcoin itself, he said in a podcast that cryptocurrency is brilliant, but I think he is trying to find a way to get in and have his own coins.

Character wise, Elon Musk is failing it on this tweet. We all know the Elon Musk is the most influential and richest man in the world. But it doesn’t mean that he has to let people go through his way. Look at the people now, a lot fo them couldn’t even sleep though it is a part of the field.

In my opinion Elon Musk is associating with people who own the game of the Bitcoin and had negotiation with them so they all benefit with it. I know the capacity of Elon Musk’s decisions and I know that this guy isn’t acting crazy. He has an agenda that we have know so we can also get along or at least avoid being affected negatively.

There are gossips that says Elon Musk is planing to rebuild a coin inspired in Bitcoin but has lesser energy cost and all sources are renewable. Besides from that, there are also saying that if that happens the nodes (bitcoin inspired) could be release in the space so it would live longer than anything. But yes of course, we have to see it first to believe.

I put my vote on the poll in "don't care" because it is too reasonable. I don't think you had to decide now but do what your logical thinking tells you. And it will always work.

Let's just say that you didn't sell your assets this month and then the decreases came, you only had to keep those bitcoins and in the next first-second quarter next year and you will still recover and possibly gain more.

If you really needed finance now, then sell the half, or move to Bitcoin. You don't really need to care as you have it all now. I really don't think that the poll helped you as I can tell you've been very good at handling your assets. You'll never get where you are right now if you don't.


My opinion is based on the data you have here. It is simple. If its not the time this year, try it again next year. Principle will still be the same though.

I agree that Binance's CEO and Founder is a very good business man. I couldn't imagine what he had to go through just to get the company listed in exchange. That was just a fiction during the early days. I don't know how long the meeting was before the people on the board totally understood what the Binance could offer to all of them.

In fact, cryptocurrency was too controversial to be considered by the leaders of the trading industry. And in that reason, I wanted to know more about this guy and see what I could learn from him.

Binance isn't the same as Facebook which is something that can be accepted by the mass. It's totally a different world and at first, I admit that I don't believe could do it!

Good job to their great lawyers, accountants and founders who made it possible!

If I were the team who were able to found the mixing platform, I think it would be wiser if I kept it a secret, speak with the whales one by one and provide them a private service that will help them with their Bitcoins.

Publishing this actually ruined their very good system as it as now getting a lot of bad impressions and a lot of eyes seeing them as something that has to be stopped.

The only worry the government have with these mixers is that, if this went to a bad hand, this would be very dangerous and it would be hard for them to control the mass.

Finance has been established to control the resources of everyone and of course manipulate it. Having these mixers existence is like, someone is trying to steal some of their market shares that they used to have solo.

Money Laundering would always be there, mixer isn’t a new thing and it is as good as great and talented accountants. So I think this will still be kept existing but will soon become private. Possibly that governments will be the one who would host the services like this soon.

Elon Musk is too equipped with accountants and lawyers on his payroll system to move with loopholes on his decisions. Surely, before he made their move he was able to seek consultation to his legal and accounting team so they can execute it without any penalties.

That’s how great executives work. Like Elon Musk have all the money to seek consultancy so I don’t think he would do it without the ignorance to the law.

Tesla was just one fo the products Elon Musk was able to produce with his cleverness and ability to get a very good team members with him. And I don’t think he will let that company go down just because of market manipulation which we know that he can totally influence without moving a single finger.

I don’t think this has to be explained, but money was meant and created to civilize people and centralize the power/rights to someone that has to be in charge. This was to benefit the people who pursued becoming a leader in the past. Money doesn’t have any value before as it wasn’t back by anything with value. But with a proper way of extortion being backed-up by guns, people has to accept the so called^ fortune in exchange with their assets such as gold, oil and so on besides from it, other countries were persuaded to create theirs as well and the money war starts with that. This was the same set-up Janet Yellen was trying to point with Bitcoin. But if when you read history, this was well declared. It was the money who were created to be used for illicit transactions but still looks legal in the eyes of the public.

Same with alt coins, there were a lot of currencies offered to the public before, but only 15-20% of them made it and survived. Dollar is one of it and also the pounds as these are from powerful people with a lot of ammunitions on their base camps.

Money was created for a group fo people to show dominance to others, so politics is quite related to it, and in that I agree with your point.

It’s just a good thing because we at least are able to experience the freedom having decentralized currencies we enjoyed during the past years. But I hope that this time, people will win against the greedy leaders wanna be(s).

I trust the intelligence of the people today, boosted by the internet access which helped us to access almost all of the resources and information we need to know to win. Good luck to the new generation of people!

I scanned the website https://holdfela.xyz/#additional and I saw that your team is planning to release innovative products that would boost the project, but let me ask these questions. Do you now have any ideas/prototypes of products you are eye'ing to develop? I understand though the community have been here for quite some time now, products might not be ready yet. If you have an idea, I think it would be a great help to share it with us. Or if you already started one, you may let us know on which stage you are currently in.

In my opinion, I would suggest for the team to release products such as Software as a service (SAAS) that would surely help the community involved. Something that the community wouldn't hesitate to avail as a service.

And one more question, how would your team differentiate FELA with a lot of TOKENOMICS out there in the market? What would make it stand up from the rest?

I would appreciate your response with this. Cheers!

One percent’s or the should I say the oligarchies and the two sides ( cryptocurrency leaders ) & the (international finance leaders) know that this one is only a sort of strategy to win their agendas.
Munger and people knows that fiat/money/currencies are also used for illegal stuff and it is stupid to demonized the cryptocurrency with illegal deeds.

On the other hand just to make it a fact, former FBI director posted in public an infographic which shows how Bitcoin and cryptocurrencies being used in illicit deeds dramatically went down to 1%
From 7% on the previous years.

Check the resource below to confirm the fact.

https://www.thecipherbrief.com/report-an-analysis-of-bitcoins-use-in-illicit-finance

These holding companies Warren Buffet and Munger have are the true demons here. They clean and keep the assets of the unknown. They keep assets of the people who really kidnaps and the extortionist. They clean it and grow it like no one could ever imagine.That’s not a secret anymore. People already know how they work.

There was an old saying which is “A man who hates a deed of someone, who hates themselves for doing it.”

In my environment, I should say that being rich has to be associated with power. You’ll never be rich without the power to keep your wealth consistently. Being rich also has to be consistent. You wouldn’t want to be a one day millionaire.

You can always have a million dollar on your bank but that wouldn’t guarantee you becoming rich in the long run. And in order to do that, you have to make sure you have enough cash flow at the point where you don’t need to work and you still earn while you sleep. Not just earn enough but earn more and it has to be in in growing curve.

But honestly, being rich for me is rich with Finance, Friends, Family and Spiritual. If I have these all at peace consistently? I don’t think I have to earn more than I could spend.

Money is always there if you know how the process and systems works. You will never ever lose a cash if you know the trick. So I guess, I should focus on building my relationships with my friends, family and myself. Freedom and inner peace is more important than anything in this world.

You don’t have to worry that much my dear friend. If they profit, there will be a time that they won’t. They would exit after gaining but the aftermath is that, they will enjoy it and will come back to try it again. There will be times that they had to wait long in order to say that they gained profit already and exit.
 
Instead of being annoyed with the system, I guess you should know how to get along with it so you will not become the stupid people you mentioned that are not bothered. You will only hate it when you don’t benefit at all. So I think that’s the reason why you have this reaction.  Change  your side so you won’t be a hater.

Look at Elon Musk and Warren Buffet, Elon Musk took a side and took advantage of Cryptocurrency Warren did not and started to hate it. Who won it? It’s Elon since getting profit is just a bonus, having fun is the main deal.

If you read books regarding finance, you would know that Munger's statement/comment regarding the success of the bitcoin is actually the same reaction the first generation traders had when Fiat has been made and successfully launched. System repeats itself they say and this applies here today. Imagine Warren spending his entire lifetime building his empire while Bitcoin made it for a very short period of time? That's an insult to him. Munger in the other hand spend all his life becoming an underwing in order to reach the corporate ladder's top then Bitcoin investors did it for just a quick snap? Hope this perspective can help.

Hate would be a natural reaction if someone feels threat. Fiat and stocks are the assets Bitcoin gives threat with. Both of these assets are the bread of Munger and Buffett so we have to understand why they feel what they feel and them being against Bitcoin. You will never be able to teach and old dog a new trick and validation from Warren is actually not a thing. His statement will never change the success we have in the Bitcoin community.