I see someone loosing their nerve.
This is a good time right now look for BTC dips and be ready for them.
I remember end of 2017, early 2018 quite well for this reason. Long-term Bitcoiners (supposedly)... people who'd been in it for years, far longer than me the newcomer, telling me they've lost hope. They saw $20k as the impossible price that was nice to get, and yet ultimately signalled the end. Regulations, the rise of alts, a lack of interest or willingness from institutions or doubletracking from them. It surprised me then, and it surprises me now that people would lose faith after Bitcoin's proven itself time and again. Enjoying every satoshi I can get before the real peak comes. exactly right. Stack the sats and have no fears. I am with you both on this one. I don't know if the OP and others who think like him are concerned because they are thinking of selling. As I am still in the accumulation phase, I prefer the price to go up, but if it doesn't go up I buy cheaper. Everything points to the best is yet to come. I would see the defeatist messages as more logical if we were at the end of December at these levels and without having broken the previous ATH.
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I, although I find astrology silly, like all superstitions, find the analysis you make amusing. The maximum price can not significantly exceed 1 000 000 dollars per bitcoin in nowadays purchasing power even with best scenario (mass adoption, becoming the currency of the world). We can say that bitcoin price has achieved (almost) full maturity in just 12 years - eight from nine orders of magnitude. This means that there will be no price gain per year comparable to 2020-2021 (or the 2009-2021 average) without huge price crash - no room for 300% or higher price rises per year (in nowadays purchasing power) from present level.
Regarding this point, I disagree. As poyaa87 points out, the same was said before, and it is obvious that there has to be a limit just as it is logical that the returns are lower as the price and market cap grows, as you very well point out, but if you take into account that the global total wealth is $420T and Bitcoin currently has only $1T of market cap, it is clear that it can make more than 20x which is the limit you put.
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I'd say a well-known WO-regular with a topic in Off-topic deserves a bit more credit than someone who asks for donations in Services after making only 3 posts in 2021. On a personal level I gave credibility to infofront and donated to his cause and did not give credibility to mdayonliner, but not only for that. Infofront made a thread with all kinds of explanations and evidence that made their cause credible, while in mdayonliner's I didn't see any of that and what I did see is negative trust and little activity in the forum (which I agree shouldn't in itself take away credibility from someone, but seen in conjunction with the other facts doesn't help at all). That bold part. We all know how it works. We also see newbie made their first post asking for loan without collateral. You can make a conclusion easily. But when we are funding for COVID-19, or donating to a community in Africa, helping kids for biliary atresia surgery - we are showing a great virtue as a community. This is what makes the community a great place.
The things are worrying me more than anything else is that someone is asking to save their relative, but we all are busy figuring out what should be reported and what should not or who are allowed to ask for donation and who are not. I just checked the address and it has received nothing yet. Is this what we are?
I will be sending around $100 in a few days from my personal fund, it's fine for me to follow my instinct. Once you have someone to verify the authenticity of your images, we can help you from COVID-19 fund.
Precisely because, sadly, many scammers take advantage of this type of solidarity causes to swindle people, if I have the slightest doubt that I am going to be cheated I do not donate. We are talking about what is reported or not, mainly because we do not believe the story of the OP. You can follow your instinct but for me to donate I have to be really sure that it is a legitimate project.
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Well, I had seen such messages, although it took me a while to realize about them. I think I had been on the forum for quite a few months when I noticed that some people had these varied sentences instead of ads. They are useful messages and sometimes some funny ones, as Bitcoin_Arena points out.
It seems to me a great idea of the forum to leave 1 slot for factoids instead of trying to maximize the profit acutioning the 10 for ads.
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This anniversary is today known only among us, the Bitcoiner communities, but the creation of Bitcoin has been so important for humanity that in the future it will be studied in the history books. Besides the anniversary of the white paper will be mentioned in general media just like other events such as the discovery of America or the arrival of man on the moon. Happy anniversary everybody!
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I am not sure if this belongs to the altcoin discussion section. I haven't reported the thread to be moved because Bitcoin is there, but I think it is pretty clear from the picture that OP is referring mostly to shitcoins.
Not a good comparison, as others have pointed out, but the point is that crypto market is growing whereas gold market is shrinking. Gold today is cheaper than 10 years ago and if we take into account inflation gold investment for that period has been a disaster. Compare also to the Bitcoin return in the past 10 years and you will understand why Bitcoin is called gold 2.0.
As for shitcoins, the problem is that they come and go. Look at the top ten shitcoins now and then compare to last year, the previous one etc. The only one that has remained more or less constant up there the last few years has been Shithereum. And none of them have better characteristics than Bitcoin to be a Gold 2.0.
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I believe double your investment is at the very minimum.
Not necessarily. Far too many are preaching/expecting 100k mark getting passed this year. Many are telling that another exponential growth phase is just about to begin. I don't know if they're right (I wish they are), but then x2 should be easy-peasy. Then we agree that double the investment is at the very minimum? I believe the sentiment has simply changed again after the current correction. I agree with that. And I don't see what are the reasons to think we won't get to $100k this year. Technical analysis points to it, and it has to be confirmed in the next couple of months. Fundamentals too: there is demand, and I see no reason for people to want to sell en masse. I think we exceed $100k before 2022 unless we have catastrophic news that brings the market down.
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What strikes me about this is that I am seeing more and more predictions that the bull market will extend into 2022. If this cycle were to follow a pattern like the previous ones it would end in December of this year or January 2022. This has its logic in the pattern following the halvings and assuming that the regularities are going to repeat themselves, but it does not necessarily have to be that way.
If the bull market were to extend well into 2022 it would be good news for us.
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You got to understand something that happened to Andreas Antonopoulos a while ago to understand why he might have made the decision to hodl and not spend his coins. A few years ago Andreas Antonopoulos announced that he has almost no Bitcoins (BTC) and people roasted him on social media.
That's what I was thinking while reading the OP's post. But you've only told half the story. The one who mocked him shamefully was Roger Ver, and what happened is that people massively sided with Andreas and gave him donations for about 100 Bitcoins. That was in 2017 when the price was over $17K. After that it was easier for him to save Bitcoin, that's for sure.
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The thing is, prolly everyone wants to have diverse sources of income, but it's more of a case of easier said than done, more often than not to have an extra source of income requires capital and it is that capital that most people do not have as they are struggling to cope with the little they earn from their sole source of income.
It requires capital or skills, not just capital. A writer who makes YouTube videos has two skills with which he obtains sources of income, which over time are transformed into passive income. With the digital era, there are just so many ways to earn the money. If spoken about the crypto space then . . 1) Crypto staking 2) Mining Farm (Very profitable if done properly) 3) Crypto Trading 4) Crypto Investment by HODL (More or less staking without fixed APY%) 5) Work at Forum
Apart from above list:
1) Blogging 2) YT influencer 3) Social platform king e.g. Insta page, FB pages, Twitter (Promoters) 4) Digital Marketing
I am surprised that in that list you do not include nor has anyone mentioned so far the signature campaigns, which for all of us who have written in the thread so far is a source of income. Even if it is not a lot of money, it is a source of income after all. As I said before, to get this income you have to have a certain ability to write well if you want to get paid for writing, and it does not require investing money to get paid from a signature campaign. One thing I want to clarify is that the term source of "income" seems to me to be misleading. I would rather speak of sources of wealth: If you had spent $1k buying Bitcoin 5 years ago today you would have $100k. It would have been much more profitable than buying a blue chip that pays dividends. Even if it was one of the best, like JNJ. You would have 1.62 Bitcoin, and you could sell the 0.62 to have cash and still have Bitcoin or borrow against it without selling and refinance as it goes up to get cash flow. So, although Buy and Hold Bitcoin is technically not a source of income, it is the best source of wealth, and I think this should be taken into account.
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Permanent Bans of Bitcoin PoW mining in Kazakhstan , not far away. China Smarten up, and so will Kazakhstan ,about the dangers of PoW to the people and energy grid, although odds are Texas holds out until their power grid is destroyed and throws Texas back to the stone age for years. Watch Texas growing power nightmare here : http://www.ercot.com/Odds are less than 2 years until a Texas Power Grid collapse during a winter storm, thanks to the increased energy drain by PoW bitcoin miners. If you're going to make such a criticism, you'd better post a link that works, that's accessible to everyone: Besides, it's no longer what you say, but how you say it that doesn't inspire me much confidence.
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For the reason that I don't want newbie or other low rank user will have the idea to buy there just like what lovesmayfamilis point out. I will give you just a hint, You can easily see it when you search Bitcointalk Account for Sale.
That's enough. I've seen the website. But I still don't see the point of trying to "hide" something that is easily found by googling "bitcointalk accounts for sale". Also, the second result that comes up is this one from bitcointalk: BITCOINTALK ACCOUNTS FOR SALE. VERY CLEAN ACCOUNTS. ESCROW.We do not make it easier or more difficult for those who want to buy an account by putting the link here. And both the one selling here and the one on the other site have a bad reputation.
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I have seen the title of the thread from the forum with "Last post by o_e_l_e_o" and I thought it was a thread opened by BADecker.
What about condoms shrinking penises and causing erectile disfunction?
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This price action is rather frustrating considering we breached the all time high recently.
When we broke $20K this cycle, I remember it took a little while, it wasn't come and break it, first we got close and there was a dip, then we broke it slightly and there was another dip, until we subsequently broke it clearly. In this case, we broke at previous ATH above $65k but it was not a clear break. Getting frustrated in this price range, we’re really struggling to break out. ... Either way, getting annoying. Where’s my $125,000 per bitcoin?
Sure, sure, very frustrating a 400% return in the last year, wink wink.
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I don't think this will be the right step. Although, if you are good enough at using Internet search, finding similar sites selling accounts is not a problem. What's the point in starting to list the resources on which accounts are sold? Does this mean that whoever has not bought the current will be able to buy it? After all, we will not be able to prevent them from doing this. The sellers have become cunning. I remember how one person who had a purchased account and was caught admitted that when selling an account, they have a rule not to change passwords, so as not to attract the attention of DT I believe you are reading beyond what I have said. I am simply saying that if someone knows about such a website, why keep it a secret? Account sales are not prohibited but they are somewhat descouraged. As I have never thought of either buying an account or selling mine, I have not looked for such sites, but I remember seeing someone on the forum selling accounts. My point is that if you can sell accounts on the forum, why keep the sites that do so secret? I'm not going to start tagging indiscriminately, I've been on DT for a short time and I want to be sure of what I'm doing before I take action.
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I know a website that selling Bitcointalk account in bulk including higher rank member with positive trust.
Maybe we can tag high rank user that recently just active for the purpose of participating on this campaign.
I also think that you should expose that website.
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Looking at his post history, that guy just woke up after two years break, saw that 777Coin is marked as "Open" and applied, without thinking much about checking what's written in the posts before his application. At least he is not wearing the sig.
He is wearing the signature, not the avatar, though: It's a wonder s/he hasn't been neg'ed given they are displaying the 1x signature at the moment in their signature (I always thought their posts were more deserving of merits, but I guess not)
Who are you referring to?
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Look at this, lol:
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No merit earned in the last 120 days is your answer (just 10 merits earned since the introduction of the merit system, the rest were airdropped). He probably has no hope of being accepted in any other campaign. Most of them have merit earned requirements.
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