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I guess let them stick to bans then. 30% is simply unacceptable, and you will just see that your earnings will go to waste on projects that are not really helping, and your government is plague with corrupt officials that doesn't do anything except rob the public off their money.
Perhaps people from India can lobby for a somewhat acceptable rate. A rate that people can work with and be okay with while still supporting the government's projects.
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Dear cat bounce. Market is already bearish, and I don't think traders are still motivated to buy and pump bitcoin across the $40k mark. Lots of people are still dumping after a few% increase, and I don't think that's a sign that we are heading towards a bull market.
There are still quite a number of weak hands still offloading their coins on exchanges, and if they're still around, most probably every increase on the price will be met with dumps.
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They can always ban the use and purchase of bitcoin 100%, but they can never stop people from using it amid the legal threat of being jailed if they did not follow the enforcement of the ban. This will only force people to use it even more and even build underground networks and connections wherein bitcoin usage, purchase, and sale will thrive. Instead of the government legalizing cryptocurrencies and benefit from it, they want to force people to fend for themselves and force them to use their own fiat (and the banking system, which sucks.)
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I think they are not directly receiving bitcoin per se, but just have stated that they will be converting their salary into bitcoin as soon as they receive it. Two different things, but the message is still clear: they are now slowly welcoming bitcoin into the economy and possibly their ecosystem. They are getting smart by getting their feet wet, and by being an example for others who has the capacity to do the same.
Hopefully what they're doing is just not to get some sympathy and following from bitcoin and crypto users just to get re-elected since there are some people who would do everything just to make themselves look good.
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There's a lot of things going on with Libra and regulators would simply not allow it. Zuckerberg and his company has already been targeted for a lot of things since they are trying to play untouchables with people's information. They have been connected with numerous privacy breaches, and them handling a financial tool/service/whatever simply just doesn't sit well with what they are already doing. Props to them for trying, but if Libra/Diem doesn't have a place in the crypto world.
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Makes sense for me. Even I am guilty of thinking that a $4.30 piece of meat is a better buy than a $4.99 one, albeit the latter showing more quality and freshness compared to the former. People like to skimp on things thinking that they'll get better value when they paid less, but that's not always the case. Oftentimes, this mindset makes people miss buying opportunities, and regret not buying when the opportunity presented itself.
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sadly that nation is against the crypto currency.
Why is it that always third world under developed countries like Nepal, Bangladesh, etc. are always against bitcoin? That is what I also want to know. Perhaps they believe that the funds of their people are better off spent domestically and help stimulate the economy rather than bring it somewhere else, e.g. cryptocurrency. That's just my guess. -- Seeing the whitepaper translated into my local language is helpful. I might have been here in the forum for years and read the whitepaper a couple of times, but there are some things that I don't fully understand no matter how much I read it back. How much more for those people who are challenged in reading and understanding English? If we want more people to be exposed to bitcoin, we must try and speak to them in a language they do understand. |
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It's funny. Sometimes those who have the loudest mouths and complain about everything are the ones that aren't really involved in the market and are just complaining for the hell of it. I've been seeing this behavior for so long now that I realize being annoyed with it doesn't do you any good. People wouldn't complain that much if they study about what they're entering, or at least researched about the possibilities before they invest some money into it. But people are lazy, and they just want to complain more than genuinely try to learn the ropes of something they want to get in so bad thinking that things will be handed to them easily.
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I am really thinking that there should be RESET button in the White House somewhere and it’s time to press it. Rest the whole economy and start from the scratch. Amid the COVID hospitals are not doing well and this is one of rib from system which keeps everyone going on. I’m not saying that everything must be reset but there should be a proper planning to resume the whole thing with the help of big industries, giant ventures, and billionaires within america. They should boast the things as greatest contributors in the country.
Things which are really zero priority should be stopped in US. Medical and healthcare staff should be increased, equipment’s and instruments related to the field shall be imported from other cheaper countries at discounted rates.
They need to improvise rather than deprive the whole situation by stuff like increased rates, printing money etc.
But the problem is, most of the elites would just probably shrug off this issue and appear concerned, while in actuality they couldn't care less about the situation as long as they're making money. The government bailed some of the industries biggest players countless of times, yet these players wouldn't even do something in return. For them, it's just business and expansion, nothing more. Perhaps the central bank and the feds can come bite these huge players' hands while they're at it, and make them 'help' ease inflation or at least the economic situation of the country they operate in, but that would be a reach. |
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Their selling point (privacy) isn't very much appealing to a lot of traders. Enhanced privacy on alts have been marketed for a long time now, and they don't seem to get enough attention and care from the general trading population of the market. Also, it kinda makes it "difficult" for normal people to use privacy coins due to the enhanced privacy aspect of the coin which might sound counter-intuitive but that's the reality of it. Lastly, it also depends on how the developers advertise their coin. They have to generate hype for the coin effectively, else their token will just stagnate.
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People really love to nitpick things and make something out of it, even if it means completely nothing.
The crises you speak of have been around for quite some time now. Due to compounded problems and the never-ending problems on the current pandemic, this is what's really going to happen. And since almost everything has shifted to distanced everything (jobs, schools, meetings, etc.)—and people becoming reliant to technology more than ever—tech companies will surely be receiving a huge piece of the cake for this, and Apple is one of them. I don't see anything wrong with it, just people shifting some of their spending to what they currently need to still be in their jobs or in their schools, which are laptops, tablets, and phones.
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We all know that these theoretical situations and what if's will happen, and it has been discussed over and over again. The question is when, not what, and that's what most of the experts in the said field can answer. Sure, some quantum computers are already being developed, although not at a rate in which people should be worried. Then again, they are already present, and only need some more R&D before they can do something substantial. Plus, most of these quantum computers are going to end in the hands of scientists and research organizations, and not some rich guy wanting to make money off of crypto.
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It's just that easy to infiltrate the crypto space in general, and it has nothing to do with DeFi or any other cryptocurrency niche that people are linking here. Also, it's on the development team since they still welcomed a known person linked to a scam to work with them. Now nobody trusts the project, and it will soon plummet from here. Hopefully any project that this guy touches dies, and himself put behind bars. He destroyed lots of lives on what they did with QuadrigaCX.
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We have the same sentiment. A few years back, I have lots of alts and focused on owning them and flipping them for a profit. It did me good for a little while until I realized I was exerting lots of effort in exchange for a few dollars of profit. 2018 is when I started to invest heavily on bitcoin and make it my priority. Since then, I'm mostly buying bitcoin and just buying alts if I think it's somewhat a logical move, but I never actively trade them.
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It would be nice if he receives bitcoin directly, though I understand that the complexity of such arrangement in their current setup would hinder this from being done. Either way, props to him for doing this to raise awareness and to urge people within the same line of work to look into bitcoin and see what's with the cryptocurrency, and not just judge it with a 10-ft stick. Then again, we know that the dude won't probably be doing this if he's living paycheck to paycheck just like most of us here.
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i think greyscale holds more bitcoin (guessing about 640,000btc)
greyscale are not custodians. because its customer are not buying bitcoin or able to remove bitcoin. they are buying company shares and trading company shares based on the companies worth (based on companies ownership of ~640,000 btc).
its not the same as a exchange that allows you to deposit and withdraw coin where the ownership of coin is deemed the customer and the exchange is just the temporary caretaker.
Probably, since they went hard on bitcoin on 2020, and are actively making bitcoin look good in media, though they don't necessarily hold those coins for themselves. The numbers that MicroStrategy are posting are quite good for a single company that isn't really that big when compared to other players on the list. Also, I'm quite surprised that Coinbase is so far down the list, considering that they are one of the biggest exchange in the game right now. Imagine a company that was built on the foundations of cryptocurrencies being so far down on the list of those who owns it, quite ironic I should say. |
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Some of them disappear, but quite a lot are still active and are posting possible targets and predictions that they have for short term and long term. Only a handful of people I know are delusional of bitcoin thinking that it's still going up despite the market showing signs that it is up for a rough ride (Tommy Lee, ehem).
Some of these youtubers you speak of even help their audience discern what is best for their money and tell them not to go 100% on bitcoin at times. The ones who are leaving the scene when the going gets rough are those bots or creators milking a bull run when it's still on.
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IMO this will not affect us, the users, in a positive way. Seeing that most regulations thus far have been about knowing more from the user, this will not be far off from that. Imagine having someone actively snooping on your finances just because you're involved in cryptocurrencies, it isn't a fun experience and certainly not something that everyone is comfortable with.
Then again, most of us become slaves of everything that we consume. Almost everyone is fine with it, albeit them not 'trusting' the government on anything.
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What throws me off is changing the terms of the bonuses and promotions that they are conducting halfway through the period. There are several, now-defunct casinos that have done this to me and it's an extremely frustrating situation. Plus, the fact that their support team doesn't even know fully about the promotion makes it even harder to deal with them. If a casino doesn't stand by its own rules and words, they are not to be trusted, and must be avoided.
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The market still has to buy altcoins for it to go up significantly. Most of the time when bitcoin goes up, the attention is only directed towards bitcoin and other alts are left out. Profits are way higher on the bitcoin side of things during its recovery, and other traders share the same sentiment (kind of), hence why the altcoin market is kinda lackluster compared to bitcoin in terms of recovery.
Alts that are paired to bitcoin on exchanges should basically go up, too, but you also need to consider that if no one is buying those coins at the same time bitcoin is going up, the increase wouldn't be that significant at all.
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