A couple of weeks ago, I posted here my theory that the virus was released intentionally by China AND the Western elites to effect a reset of the global financial system. Why China AND the western elites?Do you think that China and the western elites are working together instead of competing?There are conspiracy theories that China released the virus in order to damage the western economies,but I've never heard about your conspiracy theory.What's the point of China and the western elite actually trying to damage the world economy and kill thousands of people? Only a psychopath can imagine such a devious plan. By the way,there is clear evidence that hydroxychloroquine has horrible side effects,so we should NOT consider it the panacea that is going to end the pandemic and cure all infected people. |
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Let's give an example of you bought 100 BTC at 9000$ Price and the price went 9010$ in seconds then you sold, so your profit will be 1000$, may 500$ fees, but the another 500$ you made it profit in seconds!
Let's discuss at the point!
Discuss what?I can't buy 100BTC even if I sell my house and my car.  If you buy 100BTC you will spend 900,000 USD and your profit will be less than 1000 USD. Your profit will be less than 1% of your investment,so why should you care about such small profit. If I could spend 900K USD on something,I would definitely buy some super fancy car and get some hot girls as my girlfriends.I wouldn't care about Bitcoin at all. Why not getting a x100 margin credit on some cryptocurrency exchange platform,buy some BTC,wait for the price to go up and then pay off the margin credit and cash out the profit minus fees. No crypto trading platform will give you 100BTC as a margin credit for leverage trading. |
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I'm making a little research into the Bitcoin and how people perceive it.
It boils down to people's experiences with Bitcoin and the value it gives them.
I won't be giving any of my experiences or views or any other information which might alter your opinion.
All I'm proposing is you give 1 PRO (positive) and 1 CON (negative) about Bitcoin. 1 of each, no more. You can give an explanation to your choice if you so wish.
At the end of each week, I will make a post and present all PROS and CONS gathered thus far so we can all see what drives people away and towards Bitcoin.
Pro-Bitcoin is secure and there's no double spending. Con-Transactions are not reversible,so Bitcoin is kinda "scammer friendly".The victim just sends his coins to the scammer's BTC address and they are gone forever.Many people might argue that irreversible transactions are actually an advantage,but I don't think so. I wouldn't write about the price volatility and all the "make money with Bitcoin" type of BS,because I think that the topic should be more focused on the Bitcoin protocol and the BTC Core Blockchain. |
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I think that the only reason why you lost your BTC is greed. Greed makes people blind.Greed makes people lose their minds and it makes them believe in the most stupid scams in the history of scams-The high yield investment programs(HYIP).I'm glad I've never "invested" my Bitcoins into such scam. Trading altcoins is as risky as gambling and I wouldn't advise you to keep trading altcoins. Making mistakes is a part of gaining experience and practical knowledge.Even I make mistakes and bad decisions with my BTC,even though I consider myself an experienced crypto user. Keep working and never surrender,OP. |
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I would rate this article 4 out of 10.Nothing new to learn,just a bunch of old cliches about fiat currencies and Bitcoin.Fiat currencies clearly HAVE value.If they were worthless,nobody would use them and we could just burn them like ordinary paper.Anyway,I've said this many times before and I'll say it again:
-Gold is just a shiny metal
-Bitcoin is just a piece of programming code.
-Fiat money are just pieces of paper with pictures and symbols on them.
What gives value to those three worthless things is the TRUST people have in them as a store of value and medium of exchange.If the trust of the people is gone,all the value of those three things would be gone as well.
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Hi everyone, Sometime ago I have got 100% information about one big crypto market hack. I have evidence and everything else to convict the offender. I have sent evidence to CEO and support. They said that will inform me if they are interested in this information. Very strange that they have not replied me. I have asked it twice, but no answer... I have evidence that some of the money was invested in another fintech company, but it's not the same person like hacked cryptomarket CEO. They can back some coins, but it's very strange that they just ignoring me... I have sent old wallets and hacked wallets private key, I think it's 100% evidence, I have not asking any bounty. I am willing to get some coins after arrest or some coins back...If I will share this info with community it's will help? What you will do? Guys what do you think... 1. They are involved? 2. They don’t want to remember? 3. ....  If you want the hacker to get arrested you should call the police,not the CEO of the hacked crypto market. Your thread is poorly written and you are not explaining anything in detail.Which cryptocurrency exchange platform is hacked?Were you scammed?How much BTC have you lost?What is the evidence that you have? Do you have any evidence that this is an exit scam,organized by the CEO of the crypto market? Nobody will take your claims seriously,unless you provide some clear answers. |
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 This is the evidence they still haven't figured out what Bitcoin is (nor what gives it value) "Cryptocurrencies as a whole are not a scarce resource"???This is the most stupid statement in regards of cryptocurrencies that I've ever seen or heard.So basically those Goldman Sachs "analysts" can't distinguish Bitcoin Core from a random shitcoin with less than 100K USD market cap.This is hilarious. Nobody with brains views the cryptocurrency world "as a whole".The different coins are competing with each other and Bitcoin Core is still the king.Bitcoin Core HAS real scarcity and value,most of the altcoins lack scarcity. |
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The opinion of JP Morgan towards Bitcoin and cryptocurrencies in general isn't relevant anymore. They are constantly trying to spread FUD in order to lower the Bitcoin price,so they could secretly buy some cheap Bitcoins.Banks like JP Morgan,Goldman Sachs,Citibank,Bank of America are well known for manipulating any market they are in.I wouldn't trust the analysis or opinion coming from any guy that works in those banks. They are a bunch of liars and hypocrites.It would be great if we just ignore all the Bitcoin news coming from such banks. |
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Been trading for quite a while now and it took me time to get to where i am today coming from a noob in trading. Trading cryptocurrencies was one hell of an experience for me . The first cryptocurrency i traded back in late 2018 was bitcoin and i lost a whole lot of money trading it. I guess i didn't learn enough about the crypto market and the volatility involved before delving into it  . Ever since then, i picked another instrument of choice. I went into the FOREX trading. I plan on coming back into trading cryptocurencies but for now i'm still learning about the crypto market.  It was a painful experience though What was your experience ?There are numerous videos on Youtube about Forex trading being a scam.Do you manage to make any money out of Forex trading?Anyway,I'm not an active cryptocurrency trader now,I used to trade on HitBTC 2 years ago and I lost a small amount of BTC and ETH,so I had to quit.I'm not interested in crypto trading that much right now.Every crypto trader will lose some money in the beginning.This is what I call a "testing budget". How much money have you lost due to cryptocurrency trading,OP? |
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Hello Everyone,
I guess I am just being curious here. Bitcoin was born after the 2008 recession in which many Bitcoin loyalists have argued that Bitcoin was born to cushion the effect of a possible future recession. What are your prediction and analysis concerning the digital asset if for any reason we witness just another deep recession in 2020? Will Bitcoin go down with the global market?
The recession already kicked in and it will continue "kicking" during the next few years. Nobody can say or predict how Bitcoin will react to this recession.If anyone could predict this,he can become a billionaire.The investors might run away from risky assets and start buying more gold.Bitcoin is considered a risky asset,so I don't think that most of the investors are going to be willing to buy more BTC. For me,the most important thing is that the Bitcoin Core blockchain will survive in the long term. The BTC price goes up and down every week,so long term predictions are impossible to make. |
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I started my journey of gathering btc in Dec 2019, with aim to accumulate 0.1 BTC. After 6 months I managed to accumlate 0.1 BTC. My original intention was to stop accumulation as soon as I have 0.1 btc but now I think I should go for 1 btc.
My suggestion to everyone out there is to invest as much as you can in bitcoin. Since we are in very uncertain situatoon and Bitcoin may be our new savior.
Goog luck to everyone.
How are you gathering your bitcoins?Are you buying BTC or earning Bitcoins via selling goods and services online?If you are buying BTC,where did you buy them from?Coinbase,Binance or perhaps Localbitcoins and Paxful?Good job for accumulating 0.1 BTC so fast.I remember that I accumulated my first 0.1 BTC for more than one year.Just keep grinding,investing and always remember to HODL and wait for BTC to hit the moon. Which will happen some day... |
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The White House is clearly trying to hide something.It's pretty obvious that the US economy is going down,so there's no need of this formal economic projections.The big question is whats the scale of the economic disaster?Perhaps the White House doesn't want to reveal data that might be too shocking,in order to not spread more panic on the markets.
I don't think that most of the Americans actually care about this data.Wall Street indexes might go down,because of this news,but I don't care about what's happening on Wall Street right now.
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Unfortunately,Bitcoin will remain as a store of value and an speculative investment asset,rather than becoming a widely accepted "payment tool". Trying to change the Bitcoin blockchain in order to lower the transaction fees will only damage the network.You know the old saying "if something works,don't touch it".
Off chain solutions like the Lightning Network might provide a solution for this issue,but I don't think that many people will trust such off chain payment method.
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Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.
Most of the crypto traders and BTC investors(the so called HODLers) have bought and are using Bitcoin because of the price volatility.If there's no price volatility,there's no incentive for them to buy and HODL bitcoins.However,if Bitcoin gets globally accepted by all merchants and used mostly for retail purchases,the impact that the HODLers and crypto traders+whales have over the BTC price will be minimal,thus the price volatility might disappear.I don't think that such mass retail adoption will happen,that's why I'm a pessimist. |
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Is it reasonable or government is just trying to make profit out of it ?
Governments aren't making profits out of taxes.All tax revenue goes for healthcare,education,law inforcement,army,administation,etc... The people can't decide what a "reasonable tax percentage" is.It's normal for the people to want as low taxes as possible,but the people also want great healthcare and education systems,which costs money. In the countries,where there's no particular cryptocurrency tax imposed,the people are still obligated to pay income tax for their cryptocurrency income. Bottom line is:We can't avoid taxation by using cryptocurrencies. |
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What they really mean: - We can't manipulate it.
- We can't control it.
- We can't generate it.
- We can't mess with it in any easy way.
- Therefore, we think it's pointless, ignore it.
-Goldman Sachs CAN manipulate cryptocurrencies,if they want to.They are currently manipulating all the markets they want-stocks,bonds,fiat currencies,etc.If they can manipulate something,they can control it -Goldman can buy some mining equipment and build crypto mining farms somewhere around the world to mine cryptocurrencies,so they can hypothetically generate cryptocurrencies. Your points might sound cool for the average crypto enthusiast,but they are far away from the truth. This Goldman Sachs analysis is the typical "cryptocurrencies are too volatile and risky,don't buy them" type of FUD that has been around for years. |
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Hello all,
Cryptocurrency is becoming legal in my country. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?
Thanks!!
Wait until September and see what regulations will be imposed about cryptocurrency trading in your country. It's way too early to think about creating a business,when you aren't familiar with the regulatory frame. Creating a cryptocurrency exchange platform,the competition is furious and you will need a big advertising budget and big capital in the beginning.The ROI isn't great as well. Maybe you should start some online crypto casino,but you should think about some new features that will make you stand out from the competition. |
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Nobody knows what the Chinese government will do after China launches their central bank digital currency.
Perhaps the government will ban all the other cryptocurrencies and crypto mining in China.
I think that China might keep Bitcoin as an alternative,if their central bank coin project fails and if the US/China trade war continues,China might stop using US dollars as a reserve currency and replace them with gold,euro,or maybe Bitcoin(the last option is highly unlikely to happen,but who knows).
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When a bank makes profits,the profits go in the bank owners pockets. When a bank has losses,those losses are covered by the government(taxpayers),by the central bank(newly printed money)or by the people,who deposited their savings in that bank. Banks are the casinos of the global "casino capitalism". I couldn't care less about their financial condition. Warren Buffet is kinda right here.America is still strong and this corona crisis won't lead to the collapse of the biggest economy in the world. |
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Unfortunately I can't take a screenshot from my browser.He are mine auto fill suggestions:
bitcoin is:
-an example of which type of blockchain
- a_network of nodes
-dead
-a type of public blockchain
-a public permisionless blockchain
-the future
-legal in India
-worthless
-what
Pretty strange results.It's weird that my auto fill results are different.I assume that Google tracks our search activities and changes the suggestions based on our previous searches,that are related to the topic.
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