Well, bitcoin didn't become a trillion dollar market overnight as you've liked to point out in your OP, it took bitcoin decades and in a metaphorical scale, I don't think that it's considered a quick profit for bitcoin.
Even business with low capital will not gurantee someone any money the moment that they start their business, you're right that we shouldn't start with businesses that has high capital because not everyone has the money to be able to do that.

What kind of La La Land are you living in where any business that's started today is guaranteed to make money the next day, it might be true to some level but I don't think that it's a real thing, most businesses that are still starting are working on losses because they've invested money to the business so any money that they get from their customers aren't considered a profit yet but a break even for awhile. The only business that is likely to have that are those Ponzi scheme businesses that prey on unknowing people and will only benefit the head of that scheme.

Updated my signature, sorry for the delay, I thought that I've updated it

Still a good sign for those that's still indecisive about buying bitcoin right? They're basically given a 3k USD discount to buy bitcoin right now.

I'm not sure as to what's the reason why SpaceX sold their hoard but I've read in an article that it's because SpaceX is needing funds or something. Hopefully as many have said, this dip is temporary and hopefully everyone here can get buy bitcoin while it's still in this state.

That's why I'm on a time crunch to gather as much money right now because I know that the price bouncing back is imminent and inevitable. As you've mentioned, whales are definitely buying, I think that some of them have probably an inside knowledge that a dump will happen and must have shorted.
I just hope that those people see this drop as enough reason to buy bitcoin now because they're probably going to see it as not enough of a drop in prices and so they will wait again which will be problematic for them. The people that will say they buy when the prices drop but then the prices drop and they don't buy are the worst because they end up hurting themselves with regret. Totally agree with you, it's high time that anyone should buy bitcoin now.

I hope we see another drop, and I hope that drop will be around the time of my job's payroll so I can buy bitcoin at a much cheaper price, hopefully I can accumulate as much bitcoin as I can while it's still plummeting, to everyone that wants to do the same, don't forget to DCA when you buy bitcoin right now, this might not be the first dip in prices. Regarding the support, let's just hope that no more whales will dump their bitcoin right now if we want to see a sustained support level, that's the only thing that might break that new support level, more bitcoin sold.

11-Latviand
Idk if I'm allowed to join but cheers.

Love the artworks, the one below is the most awesome work of yours that I've seen in this showcase of your work. Do you by any chance do a duplication of your works? I don't know the pricing yet and I'm still saving for other stuff so I hope there's nothing wrong if I canvas how much you price your works especially this one below and what's the typical rate for that? What's the size of this artwork though? Is it the size of like a standard canvas or something like that?

Their desperation is always paralleled with a lot of gullible people so as long as there's victims, there will be scammers that will attempt to do this "desperate" attempt and pathetic of a scam. One thing that can stop these scums in my opinion is to plaster their real faces and names online, that's the nuclear solution imo for these scams to stop proliferating but doxing is a serious offense here so we will still be seeing a lot of these people because there's nothing for them to fear.

To the newbies out there, if something is offered and you think that it's too good to be true, it probably isn't

1 century is a pretty long time, and I'd like to believe the same thing as you do but the external factors that might affect that future is pretty scary to just ignore. If we don't nuke ourselves towards a slow death nuclear winter with the current war with Ukraine and Russia threatening going nuclear, the dread of even just thinking that is scary enough to not care what happens when all bitcoins are finally mined.

The historical patterns already indicate a pump in prices after the halving and the scarcity of bitcoin gets higher as the blocks becomes much harder to mine. Also, how can you be so sure that in 120 years there's going to only be 50% increase? I would probably believe you if bitcoin is infinite supply and at the same time there's no lost coins which there's a lot already which contributes to the ever increasing scarcity of bitcoin and we all know the basics of law of supply and demand. And there's also the people that's believing that bitcoin will pump during the halving which will definitely gather media attention and we know the power of media right?

Depends on what country you plan to use your bitcoin without exchanging it for fiat. In my country, it's pretty to exchange your bitcoin for fiat without the worry of taxation as most of us are already paying taxes through VAT(value added tax) when we buy goods and services, taxation is the worry of the uber rich and business owners here in the country. Regarding taxation of bitcoin even if you don't exchange it for fiat, I think that the government will eventually agree to it that they have to tax it even if it's not exchange into a fiat, taxes is the blood of a country and no one messes with that, this old man that OP is talking about is better off moving permanently to a Caribbean or any tropical country to spend his bitcoin and enjoy retirement.

Bitcoin is just a consumer of electricity and I don't think that the problem is bitcoin but the producers of those electricity. Also, we worry too much the environmental impact of bitcoin when there's more pressing issues that's more impactful than the impact of bitcoin to the environment like coal produced electricity, stripmining, no innovation in battery industries, destruction of nuclear power plants and reliance on oil for fuel. The wasted electricity is the problem of the energy sector, they should have a solution to that problem a long time ago not bitcoin. 51% attack is difficult to do because there are a lot of people that's not connected to each other so it's difficult to gather nodes to be able to do that, not to mention that it's economically impractical for someone to do that anyways.

There's already 3 halvings and I think it's already a safe conclusion that most bull runs will follow. If you're spending bitcoin for something that needs immediate attention then you need to start making more ways to make money at the least because if you're investing in bitcoin and you're lacking money for your daily expenses then you need to get your priorities straight. It's rare to see a person that's going to be preferring benefit over profit nowadays, those who spend their bitcoins most of the time still prioritizes profit.

It's just an assumption but that some if not all of these people who put large amounts of money in a new exchange are part of the scheme given that they can get it back if they're really part of the inner circle of the scammer. Unlikely to happen but it's a possibility, I am the same as you, I don't understand someone using a new exchange and then depositing large amounts of money, I mean you would probably be thinking twice and being really careful where you put it since it's a lot of money right? I think it's a common sense to not be trusting of new exchanges with that kind of money, not having that instinct is just begging to have that money get stolen.

No need to think too much about how to deal with these issue, just don't accept the wallet or not participate at all, the possibility that the wallet is already tampered is already high considering Betnomi is confirmed to be a scam already. The only problem now would be for these people to continue to trust them which none of us can't stop but at the least we've warned them about this. From what I can deduce from all of this, I will be predicting that we will see someone post a topic in this board about how their funds are stolen from their Ledger wallet and then will say that it's a gift from Betnomi.

As much as you all want to believe this is the right thing to do, remember that this stuff takes practice and having a steel nerves when it comes to trading doesn't come as quick as reading the tips. You need to make it a habit and commit yourself to be disciplined to the point that you can do it without being aware that you can do it. I wouldn't agree with not keeping track of your profits and losses though, I think it can help you manage your emotions and at the same time see if you have made progress with your trading. Also, don't practice controlling your emotions just for trading, make it so that you can really control your emotions even on other things.

That's where you're wrong, what's the point of using the forum if you can't ask people here about things, their experience and thoughts about things right? In the case of copytrading, wouldn't it be better if there's comforting words about the experience of other people about using it right? It's good to learn from experience but it's much better to learn from the experience of others right?
That depends though, you and others who don't prefer copytrading are leaning more into manual trading which I don't see as anything bad since we have our preferences, and I myself don't really want to learn the nooks and crannies of trading because I have other things going on with my life and if copytrading offers me that convenience, then why not right?
Again with the preference, copytrading won't be gone soon imo, as long as people can make profit from it, there's one bound to exist out there, copytrading isn't a fad. I think people that use copytrading know that thing about not being guaranteed a profit, that's almost always what the argument is when people try to shit on copytrading.

This, people always shit on copytrading whenever someone ask if it's worth it which is kind of stupid given that if you can ride with the best traders in the market and make profit when they make profit, I think that you should take it but as you've said, tread lightly and choose the right trader which isn't that hard to find as most sites that do copytrading have the stats of the traders so you can see who's going to make you more profit. People always disregard the benefits of more time spent on other things, I guess you want to control how iu make money is a strong reason why you want to sacrifice time and convenience.

Think of using demo account in trading like shooting a gun, practicing in a firing raange and shooting a real person is a different thing hut with the shooting range, you can sharpen your skills to the point that the only thing you have to worry is the pressure of really shooting a live target. Demo trading uses the real time market so I don't see how it can be different when real money is involved, maybe that feeling that you're saying is that you might regret doing demo trading because you're not winning real money in it even if you make a really good trade, one advice that would work against that feeling is stop being a slave to money and focus and sharpening your skills first.