If you read the article, you may have noticed that this is a fairly successful company that has been around for over 50 years and has 800 private locations to house crypto ATMs. As I have already written, I do not believe that they are entering into this venture without doing some market research which would really be stupid and unwise.

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Why don't you read the article and find out the answer to the question? Texas is mentioned only in the context of the company that will participate in this project, and ATMs will be set up in 4 states.

Most forum members who have been here for 5 or more years most likely have at least 1 BTC, and no one needs to be any special detective to draw such a conclusion. I know of one member (currently inactive) who has tens of thousands of BTCs, I know of some who have a few dozen or a hundred BTCs and have never even tried to hide it (or have done it pretty badly).

The fact is that we have more than 19 million BTCs already mined, and that in less than 10 years we will reach 99%, which means that 1% (210 000) will remain for the next 100+ years. Therefore, the constant emphasis on the year 2140 is rather meaningless if we take into account that in the very near future we will have just under 21 million BTC mined.

That is true, the EU of almost 500 million people imports a lot of food and is far from meeting its needs with its own production. Unfortunately, this is the result of a policy that has been pursued for decades, and which is yet to show its negative consequences, although some say we can see it today. Everything is still good as long as the product is on the shelves regardless of the price, but when people start arguing over who will get the last liter of oil and a bag of flour, then real riots will break out.


At this point, I would not go so far as to talk about direct food conflicts within the EU, nor that NATO will fall apart. There is food on the market, and those who are willing to pay the highest price will get it - the EU is certainly at the top of those who have the means to provide enough food for their inhabitants. On the other hand, NATO is expanding even more and getting stronger with the accession of Sweden and Finland - and with the Russian invasion, no one thinks of leaving such a military alliance that guarantees security.

I am more concerned about countries that were heavily dependent on cheap grains from Ukraine and Russia, and now find themselves in a very difficult situation that means only one thing, great hunger, and mass protests.

There is a thread in Bitcoin Discussion from 2 days ago. And the fact that the mainstream media is not too interested in such events should not surprise us too much - Bitcoin is not interesting to them at the moment, and reporting on the war is a much more profitable thing.

As I already wrote in the already mentioned thread, let people talk and try to learn something new, and if something useful comes out of everything we will say that the meeting was a success - and if not, it wouldn’t be the first time it all ended with lots of food, drinks and good fun.

I would say that this news can be interpreted from several different aspects, emphasizing that we are talking about the US market which has the largest number of crypto ATMs in the world.

The first thing is that this market obviously has an even greater need for such devices, and that those who install them have an insight into the profitability of such devices. In other words, no one enters into such a venture blindly, the market is looking for such a product, and the whole thing is profitable.

The other thing about fees may be strange to some, because 11% is insane from the perspective of fees that exist at CEX, but again we return to the fact that the US market obviously has no problem with such large fees - otherwise, no one would use crypto ATM and their numbers would decline over time, until they became a rarity.

What should be emphasized in this case is that the company behind this venture owns about 800 privately owned locations, which means that there is no additional cost in terms of accommodation of the devices.

Rules (which are unofficial) are not something that is difficult to apply to your daily behavior on the forum, because for someone who behaves morally in life, it will be very easy to adapt to the behavior on the forum. Let's take the example of plagiarism that is common on the forum, so let's say that someone who doesn't appropriate other people's merits or things in real life won't do it on the forum either - everyone can act to some extent, but you can never escape what you really are. Also, the rules about death threats or phishing/malware links are something you don't need to learn unless you're a really bad person in real life.


If I tell you that I joined the first paid signature campaign only when I became a Full Member, will it mean anything to you? It takes time for you to learn something and be able to progress, therefore it is completely unnecessary to put pressure on yourself when it comes to merits or signature campaigns. All you need is time and determination, there is no magic formula.

My opinion is that this is very unlikely (almost impossible) in the countries you mention.

China has already clearly defined its position on Bitcoin and all other altcoins, and given its political system, it cannot accept anything that it cannot fully control. The US and England are among the world's largest economies and will not allow another currency to become equal to the national currency, with the addition that the Bank of England has a very negative attitude towards Bitcoin.

In Japan, Bitcoin has been a legal tender for years, but not in the way it is in El Salvador. The difference is that in Japan it is possible to do business easily by accepting Bitcoin as a currency, while in El Salvador Bitcoin is legally equated with the national currency and anyone who wants to pay something with Bitcoin must have that option.

Realistically, rich and developed countries are not the ones to look at when it comes to accepting Bitcoin as a legal tender in the literal sense of the word. I live in one of the EU member states where the central bank and some regulatory financial agencies have a very negative attitude towards Bitcoin, but this does not prevent adaptation in the sense that a very large network of physical crypto exchanges has developed and it is possible to buy a lot of things by paying with Bitcoin. I want to say that Bitcoin does not have to be a legal tender to be successfully integrated into society.

As I wrote in a previous post, there is no doubt that the transfer of value through Bitcoin is incomparably faster and easier than when it comes to gold, but there is also no doubt that gold is very easily understood by the average Joe than Bitcoin which is why the market cap of gold is $11+ trillion. This dinosaur may be a thing of the past for some, but it will be a long time before Bitcoin approaches the point where it will become equal.

As for payment, I have never seen anyone accept gold as a direct way to pay for anything (although some say that in some countries there is such a practice), but here we can not make any comparisons between something that exists in physical form and something that exists in the virtual world.

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On days when there is a lot of negativity, it is good to hear a little positive thinking

I know someone asked an identical question, but that was years ago if memory serves me well. The answer to your question is not simple because no one knows what will happen in the future, so any direct advice would actually be a mere guess as to which is the better option at the moment.

However, if you buy a house, you have something that gives you a certain comfort and security in life, especially if you are old enough to have a family. On the other hand, if you are young and mobile, maybe it is better to rent an apartment, and then it is easy to move in search of a better job or only if you want to change the living environment.

The question that arises is can you accept the risks that come with investing in Bitcoin and live with those risks for years or are you still someone who plays on safer bets?

Some of us might remember 2015 when Bitcoin was only worth about $200, and if we take into account that it reached over $1100 before that, for some it was also an unpleasant experience. 2018 was still much more predictable because we knew that there would be a correction after 2016 ended with more than 100% price increase, and during 2017 the price increased as much as 20 times.


I won't say it's impossible, but I wonder what these so-called experts are basing their speculation on? I hope you haven't listened too much to various influencers, because they are just looking for a sensation that will attract as many followers as possible.

If cycle theory makes sense to you, then assume that after 2024 halving we can expect a new big bull run again, and the question is what will happen by then. For those who invest in the long run, this issue is not too important, because Bitcoin is quite cheap if we take into account last ATH.

As for altcoins, I don't want to comment on them because this is a board for trading about Bitcoin - for everything else there is Alternate cryptocurrencies.

I don’t know which formula is used by those who give estimates of how much gold is still underground, but I hope it’s not something similar to what led us to speculate that 3-4 million BTC was lost. By this, I mean that this number is the result of an analysis that concluded that all the BTC that did not move x years was lost.


It depends on the quantities, but I don't see a problem in transporting 1 kg of gold or a little more than that, it fits in an ordinary handbag - and it's worth 2 BTC at the moment. As for selling gold, I personally have no problem with that, there is a physical store on every corner that buys gold, or I can even sell gold by sending it by a special courier service to a company that buys gold.

Of course, I have no doubt that Bitcoin has its practicality when it comes to storage and transfer, but not everything is so impractical when it comes to gold. Still, I speak from my personal experience, it may be really difficult for someone to buy or sell gold, but for some, the problem is how to buy or sell Bitcoin - I have witnessed this many times.

If we look at the past and his ideas about why he invented ETH, then we can clearly see that he wanted to change something dramatically in terms of making something better than Bitcoin. Almost a decade later he failed to do so and from time to time he comes up with statements like this to prove to someone that he is still trying to do something miraculous and revolutionary.

A few years ago, he publicly put forward the idea of stepping down as the main man in his project, but he was clearly not brave enough to follow in Satoshi's footsteps.

In that case, you have one more reason not to keep your money in the bank, but to be your own bank. I can't say if this is the case across the EU, but I have deposit insurance of up to €100 000 guaranteed by the state - although for me personally, it's just a promise that doesn't mean I get my money in case the bank goes bankrupt.

As for CEX like Coinbase, such warnings should be prominent and clearly visible to anyone who registers and decides to trade. Of course, it is not in CEX's interest to encourage customers to withdraw their coins, we all know that they want to position themselves not only as a place of exchange, but also as crypto banks.

Buying hardware wallets will not give you 100% security, especially if you do not learn how Bitcoin works. Even if you use HW, you should know that you are still at risk of something called clipboard malware and that you should always check the coin address on the hardware wallet screen and compare it with the coin address to which you send your transaction. The other thing is that backup (12 or 24 words) is much more important than HW itself, because anyone who comes into possession of those words can steal everything you own.


It is very possible that exactly what many have described happened to you, and the forum warned about this danger at the end of 2018.

Electrum vulnerability allows arbitrary messages, phishing     

It's good to know that something is really going on in the background and that we haven't become so bad in our assessments when it comes to plagiarism and paraphrasing reports. What exactly is the reason that the rules have softened we can only guess, but it certainly has a demotivating effect on all who report such things.


Self-moderated threads do not solve the problem of plagiarism, but they definitely make sense to fight spam. The problem is that very few members want to moderate their threads, it is much easier to transfer all this work to moderators.

Many will say it’s a waste of time anyway, and unlike moderators who get paid for their work, everyone else does it for free. Last time the admin posted a list of members with the most good reports one could read a lot of comments about how individual members wonder why someone spends their time on reports.

I doubt that this meeting has any impact on the price of BTC, because for days we have almost identical situations where the price changes in the range of about 5% in both directions within 24 hours. Social networks are full of people who do not understand that this is not a meeting focused exclusively on Bitcoin, but obviously any good news creates hope that the price will rise.

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I checked what it was about and immediately saw that it was the former Swaziland that changed its name in 2018, but I must admit that I missed the news. The Kingdom of Eswatini even sounds better, and if the country has the potential for tourism, I think it can attract more tourists looking for some new tourist locations.

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I think that every decision is subject to change, especially if we put this meeting in the context of the time we are currently in. Many have ignored Bitcoin in the past and then changed their minds, let’s just remember what Saylor thought about Bitcoin a decade ago. We can hope that at least some countries will change their hard line on Bitcoin, at least in the sense that they will remove it from the black list if nothing else.

The news says that Binance announced that they would work on consolidation before the scandal with Korean shitcoins, so all speculations about the possible connection between the two events would be just a conspiracy theory. How much the mempool blockade really affected the impossibility of quick transactions from non-custody wallets to CEXs and prevented even bigger sell-offs remains an unanswered question.

You may have missed this last altcoins/stablecoins shitshow, but don't be fooled that stablecoins are stable just because they're called that. As we have seen they can lose their value, and an even greater risk that comes with them is the fact that most can be frozen even if located in a non-custodial crypto wallet.

These small cryptocurrencies as you call them are nothing more than pump&dump schemes that operate on the principle of pre-mined coins that the owner dumps on the market after inflating the price of his coin - after making a profit, the whole thing repeats itself with another project.

Never compare Bitcoin to these other projects, because investing in Bitcoin is much more than making a profit (at least for those who understand why Bitcoin exists). Price is only a current reflection of the market, and I am not disappointed with the price, but with people whose negative actions negatively affect the price - in other words, why does someone consciously cut the branch on which he sits?