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4641  Other / Meta / Re: General Discussion about the Bitcoin Forum. on: June 12, 2022, 03:39:31 PM
Everyone missing 2nd part.  Cry

I think you answered the question yourself - because given the very limited number of members who have the ability to post in that board, no one thought there was anything important to post there in less than 4 years since the last post. We can look at this fact from a positive side, because if something new appeared on that board, it would probably be some very bad news.
4642  Economy / Service Discussion / Re: Questions about signature campaign and its rules. on: June 12, 2022, 03:15:48 PM
The definition of "shit post" varies from manager to manager. Even users in chipmixer are shitposters at times.(yea I said that)

I would not agree that any of the participants (current) in the CM campaign are shitposters because in that case they would be removed (as was the case in the past), and it would be easy to replace them with new members given the number of interested whenever 1 or 2 spots open. In addition, any post that does not meet the criteria of a good/quality/meaningful post in the opinion of the manager will not be paid in the end.

What is true is that not all managers have the same criteria when it comes to shitposts, but still these criteria are at the highest possible level when it comes to CM, although I leave everyone the right to have their own opinion.
4643  Economy / Economics / Re: LMAO: India resells Russian oil to the European Union. on: June 12, 2022, 02:35:45 PM
Last month, the US bought $2 billion worth of stuff from Russia. And the European Union is about 25 billion dollars. According to your logic, the US and the EU are the sponsors of global terrorism.

It should be noted that sanctions concerning imports/exports when it comes to Russia are not absolute and there are things that are exempt from sanctions. I can't say what is exempt from sanctions when it comes to the US, but as far as the EU is concerned, things are like this:

The list of banned products is designed to maximise the negative impact of the sanctions for the Russian economy while limiting the consequences for EU businesses and citizens. The export and import restrictions exclude products primarily intended for consumption and products related to health, pharma, food and agriculture, in order not to harm the Russian population.

Is it just a humanitarian aspect as they claim, or is it an excuse for part of the trade to continue no matter what? Either way, the money is coming to Russia, which is still on a war campaign against an internationally recognized country, so no one can say that the EU and the rest of the world are not financing that war (at least in part).

It will be interesting to see how many imports from Russia to the EU will be this year, but from 2012 onwards it is still declining and amounts to less than $200 billion with the largest share in fuels, oils, and distillation products.
4644  Bitcoin / Bitcoin Discussion / Re: Energy used to mine Bitcoin with other industries. on: June 12, 2022, 01:31:20 PM
Bitcoi mining is greener, more environmental friendly, less polluted than other industries. If you read enough researches, from different sources you will know this fact.

If someone was interested in the facts, then everyone would have long ago stopped discussing something that is more than a trivial matter - because Bitcoin has not created problems that manifest as drastic changes in the environment. All of these problems have been created by human greed through decades of ruthless destruction of the entire planet - making people one of the dumbest inhabitants of this planet ever.

Bitcoin is therefore a perfect target for attacks as it completely deviates from the established and imposed norms to which people have been subjected over the past hundred years, although this process takes much longer if you look at history. Although the world's bureaucrats do not acknowledge this directly, they see Bitcoin as a virus that must be fought by all means, and 2009 was the year in which their pandemic began.

The agenda of excessive energy consumption and environmental pollution is a fabricated lie, but if you keep repeating it as they do, people will accept it as true - at least the silent majority who believes everything they see and hear in the mainstream media.
4645  Economy / Speculation / Re: Bitcoin scenario crashing to $20.000 - $23.000 on: June 12, 2022, 10:46:22 AM
Schiff makes calls on macro economic factors vs fiscal budgets and so on.

He is also known as one of the gold bugs whose speculations turned out to be completely wrong, because if I'm not mistaken somewhere in 2015 he talked about the price of gold as much as $5000, and although today we are not even close to those values he is already talking about the price of gold as much as $20 000 in the event of a collapse of the US dollar.

When you look at some of his statements about Bitcoin from the past, it is more than obvious that his goal is to devalue Bitcoin in relation to gold - because he is primarily an investor in gold and it does not suit him that Bitcoin ever reaches the standard of digital gold.



Moreover, many analysts are also against Bitcoin for a variety of reasons, thus, we shouldn't always take such analysis for granted, but in this scenario both analyst's predictions are correct so far, since we're slowly moving towards the $25.000 mark (Currently at ~27.500) and Ethereum currently trending at $1.450.

It is not difficult to give pessimistic speculations when we are in a bear market, and most of these experts spoke quite differently when the price of Bitcoin was close to $70k.

Peter Schiff is still negative on bitcoin but admitted that its price could skyrocket to $100,000k. What’s more, he regrets not buying some in 2011.
Peter Schiff is known for many things – from calling the 2008 financial crisis to supporting gold on every occasion. But he’s famous within the cryptocurrency community as the ultimate basher, as he takes every opportunity to take a stab at BTC and the altcoins.
4646  Economy / Speculation / Re: Bitcoin will Hit over 700% or $250k is this possible? on: June 12, 2022, 10:20:01 AM
But in consideration of the halving, I greatly agree with Lucius given the logic and calculation of the price trend of Bitcoin,  the possible price range of Bitcoin after 2 halvings (2028/29) would possibly hit more than $250k.

If we would take halvings as the main criterion that will determine the price, then everything we have written really makes sense, provided that Bitcoin still follows its pattern. However, it should not be forgotten that there may always be some factor x that will bring about the disorder - or as they would say in the famous SF film series that disturbance in the Force can occur.

In addition, each new pump will sooner or later be stopped at one point, and a large number of long-term holders have their exit points at $100k, and at any round number above that. If we are talking about reaching $250k per 1 BTC, we need to know that one thing is to get to that point, and something completely different to maintain stability at that point.
4647  Economy / Scam Accusations / Re: Scam from Google Form, Crypto Donate. on: June 11, 2022, 03:27:30 PM
How do scammers know my email, when me never published it?

Do you think that you need to publish your e-mail address somewhere in order to receive spam messages? Your address has obviously leaked somewhere, whether you registered on a site and that company was hacked, or they simply sold your data. It is also possible that one of your contacts has been hacked or forwarded your e-mail address to someone.
4648  Economy / Speculation / Re: Bitcoin will Hit over 700% or $250k is this possible? on: June 11, 2022, 02:29:21 PM
He said it will take long time but I wonder how long do you think it will take for Bitcoin to get into this kind of price range?

If we take into account that after each halving the price increases, but that such a percentage decreases each time - let's say that after 2024 the halving price of the last ATH (about $70k) increases by x3 we would be close to the price Van Eck talks about. If the increase were only x2 (about $150k) then we would probably have to wait until 2028/29, which would roughly mean that his speculation could be realized by the end of this decade.

I'm much more optimistic than him who says it will take decades to make that happen - but at the moment I don't believe it will take that long.
4649  Other / Beginners & Help / Re: What's been your greatest challenge on BTT ? on: June 11, 2022, 02:14:21 PM
My biggest challenge was to register on a forum that I visited as a guest for more than a year, and after that more or less it went its course. Since it never occurred to me to plagiarize or do some similar nonsense I can’t say I regret some things or did them wrong, although it’s good to be self-critical and admit that some things could have been done better.

Apart from some general rules (plagiarism, spam, scam), I think that every beginner should choose their path and try to be a unique member of the forum, without copying anyone.
4650  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: June 11, 2022, 01:40:03 PM
Optimism is in the air?

I don't know if it's optimism or the SEC has finally given in to the pressure from Grayscale and some other companies. Perhaps the threats of lawsuits and meetings have borne fruit, though the SEC is a tough nut to crack on this particular issue.
4651  Economy / Economics / Re: Italy Is Held Back by 2.6 Million People Who Have Given Up on Work on: June 11, 2022, 01:08:15 PM
I remembered that one of the reasons (in addition to the above) could be remittances from abroad, because many have children who live in the west and north of the EU and send money regularly to their parents. Also, tourism is an important part of the Italian economy, and those who work only a few months in a year when the peak season earns enough to do nothing for the rest of the year.

What is certain is that these people live off something, unless they have learned to survive only on air and water...
4652  Economy / Speculation / Re: Would you be willing to support anyone who gives the most accurate predictions? on: June 11, 2022, 12:51:58 PM
It's funny to think that one person could influence the market all that much.

We are, after all, a very small community if we consider only those who are not bounty hunters. I can’t say how many people visit the forum as guests, but I believe they would have acted much sooner by reading some posts from members who are far more experienced than from some random member who is obviously trying to catch some naive trader.

Now he can appear in this thread and say that the price has dropped because no one supported him, which of course is true - but as you say, if much more influential characters have failed, not even any random expert from this forum will succeed.
4653  Economy / Speculation / Re: Bitcoin scenario crashing to $20.000 - $23.000 on: June 11, 2022, 12:30:46 PM
Seems that there is some large bidder who is constantly buying Bitcoin. Look at the BTCUSDLONGS on Bitfinex. The whales are all buying.

I’m not one to follow things like that, but when the price ranges from $29k to $32k for weeks, it seems logical that some whales make a fair profit by keeping the price in that range. Changes in the price of 5-10% do not seem significant for small investors, but for someone who has hundreds or thousands of BTC and is skilled in trading, such periods certainly bring good profits.

It’s possible we might see those figures however a lot depends on how the fed plays into fighting inflation which is spiraling out of control.

We know that the FED has already raised interest rates, and will continue to do so in the coming months, but if I'm not mistaken, the European Central Bank will soon do the same after 10+ years, indicating that it will do the same as the FED on several occasions. This increase will particularly affect some countries within the EU that are already in big trouble at the moment. How much this will affect the price of BTC remains to be seen.
4654  Economy / Speculation / Re: Bitcoin scenario crashing to $20.000 - $23.000 on: June 10, 2022, 04:19:01 PM
The scenario you're describing is actually something that's been speculated about since the price went downhill and went below $30k - many speculate that the bottom will be just around $20k. I'm not an expert on TA, but this whole situation with inflation, recession, and war is reflected in everything, and Bitcoin (as many wanted) has become part of the system, and whether someone likes it or not shares much of its fate.

However, let us remember that after each halving and ATH, there was a drastic correction, and that the price, without everything I have already mentioned, would probably have undergone a correction. Looking back, the current price is more than phenomenal compared to halving 2016 ($400), or halving 2020 (about $7000) so in the long run, no one can be dissatisfied even if there is an even greater loss of value.
4655  Economy / Economics / Re: Global bitcoin adoption to hit 10% by 2030: Blockware report on: June 10, 2022, 03:47:30 PM
I am surprised to see that bitcoin adootion is not yet up to 10% of the world's population. See the blue arrow, where we are in 2022, very not close even to 5% of the world adoption. With bitcoin presently at $30000 and having over $500 billion marketcap, I thought the world's adoption would have been more, but not, but an opportunity for people to buy bitcoin.

Even if we are now at some 5%, I would consider it a success, although after 13 years of Bitcoin, we could expect that percentage to be much higher. I'm not surprised that so few people have come into contact with Bitcoin at all, because generally the average person won't understand (or won't want to understand) what Bitcoin is no matter how someone tries to explain it to them. If we reach even 10% in 8 years, it will still be a good result, considering that it would mean that we are approaching 1 billion users globally.

Although, this is said to be conceptual but adoption is what most likely will occur. Some people will be saying it is too late to buy bitcoin, just like some.people said in 2014 when bitcoin price was at $1200 or below, some people also said so in 2017 when bitcoin reached $19600, some people said so when bitcoin price reached $68900 in 2021. Following bear markets and then rise again and reach all-time-high. The probability that six digit is possible in the next long lasting bull run is very high. No one is late to make the continuity of the adoption possible.

People who say it's late mostly use it as an excuse no matter the price - because in 2015 the price was around $200, during 2018 it dropped to only $3000, and the announcement of a pandemic brought it down by as much as 50% to only $5000 and it's always for some expensive.  In 5+ years $30k will be considered cheap, but even though the numbers are changing, people are not changing too much.
4656  Other / Beginners & Help / Re: How to receive Bitcoin on Twitter with Bitcoin Tip and other options on: June 10, 2022, 03:18:54 PM
I lost interest in this platform a long time ago, and now it is even less interesting to me because it changed its owner, about whom I have no positive opinion. I wonder what the fate of that option is if it is a publicly known fact that the new owner still believes that Bitcoin transactions are bad for the environment.

Still, I wouldn't be surprised if the new owner removes Bitcoin and adds his favorite cryptocurrency instead - woof-woof🐶
4657  Economy / Speculation / Re: Would you be willing to support anyone who gives the most accurate predictions? on: June 10, 2022, 03:02:16 PM
Too bad no one looked at the OP post history so maybe some things would be a little clearer. The OP is more than obviously looking for sponsors who would be willing to support (reward) him if he allegedly influenced the price of Bitcoin through his alleged actions on the forum. He claims that with his posts and certain signatures he can have an impact on the price - which is more than ridiculous.

As someone has already written, if the OP is so influential in moving the market then in the direction he wants, he would make a bunch of money and not sell fairy tales on the forum.

Before you comment, I suggest you read :

I'm open for sponsorship. You can only pay when you are profitable
My Signature on Bitcoin price
4658  Other / Beginners & Help / Re: Can this be called a warning as spreading the virus? on: June 10, 2022, 11:04:28 AM
In my opinion, this was simply meant to attract attention. 137.21GB of data? There must be a lot of transcripts of the conversations.

Maybe it's videos, otherwise I don't see that text communication would be of that size, even if it's data from 2019 to 2022. In addition, what some crypto influencers can find out that would be of some great importance? It's no secret that in the world of cryptocurrency, every minute a new scam is born along with some new shitcoin.

Anyway, I would download the files to find out what it is all about. There is no harm in downloading, even if it is a virus.

Curiosity eventually killed the cat, but if you're really interested, at least protect yourself in case you download such files. Even if you have them in any form, I guess you know that it's a lot of reading?
4659  Bitcoin / Wallet software / Re: Securing Seed Phrase Using Magic Mug Under $15 on: June 10, 2022, 10:19:46 AM
Why would anyone want to use this insecure means of storing their seedphrase, when they can get a hardware wallet for a slightly higher amount (if you're considering you would need to get two)?

Hardware wallet only generates seed in a secure environment and gives us better control over transactions, but backup is something else entirely and is a key part of securing our digital assets. Any innovative way to make backups is always welcome, although we can always talk about how reliable and safe it is in some way.

I personally would not use mugs for my seed for the reasons already mentioned, but I believe that some information can be obscured by using invisible ink which is then only visible if UV light is used, or depending on the ink if a heat source is used or certain chemical.
4660  Economy / Exchanges / Re: Edge issues Mastercard without KYC on: June 10, 2022, 09:50:09 AM
I mean let's be serious: a card that allows you to spend hundreds of dollars each month without any kind of identity/background check? And to be used only in the United States? Worst country ever to do something like that.

It is not a matter of a few hundred dollars, but the maximum allowed amount was set at as much as $30k per month, which is a significant amount even if it is an annual limit. It is not at all clear to me how one supposedly serious company came up with such a frivolous idea...
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