If you say that they already accumulated about 130 000 BTC today, and that in less than 20 days from the approval of the ETF, it would be logical to assume that the total number of BTC by the end of this year will probably be much higher than what you are speculating about. Of course, the current figures can be attributed to the initial excitement, so maybe it would be good to wait 1-2 months and only then start to draw some conclusions.

If you are talking about the number of 500 000 BTC by the end of the cycle, then it is not too much for a period of 2 years - especially if we take into account that Microstrategy "removed" from the market just a little less than 200 000 BTC, although admittedly in a long period. I would perhaps dare to say that the funds could buy even more than 500 000 BTC in the mentioned period, but only for the reason that we are in the halving year, which should mark the beginning of a new big bull run.

As for the new ATH, I think it would be realistic to expect it to be x2 compared to the previous one of $69k - which means at least some $140k and up to $200k if the ETFs turned out to be big BTC accumulators in that period.

You know what is much more interesting to me? The fact that Satoshi wrote that post on November 22, 2009, and the first answer was only on February 1, 2010. Was the topic locked or were some earlier posts deleted?

With this topic in mind, I decided to check if there is any new video from Boracay that mentions Bitcoin and I found one video that is just over 1 month old in which a German family describes their experience on the island when it comes to Bitcoin. Unfortunately, the situation is much worse than what I imagined, because although many stores have signs that accept Bitcoin, in most of them it is not possible to pay with the same.

In one of the comments, a man says that it is simply too expensive for him to convert BTC - > local currency, and would that mean that Pouch charges too much for that conversion?



Click the image to watch the video.

@ABCbits, I have checked several posts and mostly get positive results on AI content. Some posts are too short for AI tools to be able to detect them at all, but this one is apparently AI generated.


GPTZero -> We are highly confident this text was ai generated (96%)
Copyleaks -> AI Content Detected
ZeroGPT -> Most of Your Text is AI/GPT Generated (44.81%)

It seems to me that you think that someone might be hiding some secrets from you and the other "babies", but the forum is actually an open book that you just have to start reading from the first page. Knowledge is also completely free, and wisdom can come with time - although don't allow yourself to be misled by forum ranks, which in some cases mean next to nothing.

However, here are some tips from me :

- always search the forum if you are interested in something, maybe someone has already opened a topic with a question that interests you.

- always make an effort to read all the answers in the topic before writing an answer, otherwise you show that you have not read anything except the first post and the title.

- learn how to edit quoted posts - there is no point in quoting the entire post if you are only responding to part of it.

- take into account what you are advertising in your signature/avatar - which means that you should do your research in order not to advertise a scam project.

Thank you for the payment, and for another week of successful campaign management

I'm wondering the same thing - because you're not a beginner who should have a problem with checking the status of mempool and fees before making a transaction.

In addition, my advice to you is not to play too much with your seed by entering it into different wallets if there is no need for it. By doing such things, you only expose yourself to the risk of entering a seed into a fake wallet or of the device being infected with malware at some point. Find a wallet that suits you and stick to it - and if you want to try a new wallet, simply install it and create a new seed for that wallet.

AV and firewall make sense, but only the paid ones. I won't say that they do their job perfectly and don't spy on the user, but all those AVs that are free are very bad at their job and collect all possible data from your computer that they can get their hands on. However, if you already have such software on your computer, you don't need to worry too much about updates, because everything is set to be updated automatically - whether it's about antivirus definitions or upgrading the program itself.

HW is not the ultimate solution to all problems, because those who do not understand the risks are still at risk from threats such as clipboard malware or seed stealers that such devices are not immune to. Regardless of where you store your coins, I would not agree that we should download apps just like that, because we still run the risk of infecting our devices with various malicious programs that can cost us a lot.

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The best advice you can get is to not keep more in your mobile wallet than you can afford to lose - because there is not only a risk of malware, but also of someone physically attacking you and forcing you to give them access to your wallet.

I know that the previous president was very strict with criminals, especially with those who deal in drugs - but that supposedly a lot of innocent people (political opponents) died in that war. Of course, if we assume that the elections were fair, then this is what the people chose. Of course, the tails of corruption and tax evasion are common in that country, and even the new president is obviously not a person who is immune to these things.

As for the CEX you mentioned, they had to leave many countries because they worked against the laws of those countries and did not want to adapt. I have no doubt that it is the same case in the case of the Philippines, because they are obviously not against cryptocurrencies, but against companies that do not want to operate in accordance with the law.

Why would anyone who has any understanding of Bitcoin be inclined to any centralized service? Especially if there are decentralized crypto exchanges that are a far better solution from the perspective of risk and manipulation.

Of course, CEXs have relevance and will continue to have it, given that the average investor in Bitcoin has not gone much further than considering CEXs as a kind of crypto banks similar to regular banks. Of course, we should not forget the institutional investors who use CEXs for trading and storage, which means that most of them do not understand what "not your keys, not your coins" actually means.

This first CEX you mentioned is actually the owner of CMC, so it's not surprising if it's really at the top because they use that platform for their own promotion. Given that the same CEX operates mainly in the gray zone, I would not be surprised if some of their acquisitions remained secret and that they own much more than what they admit.

However, if you ask me why their names start with "B", it probably has something to do with the fact that it is the first letter in the word "Bitcoin" - and it is no secret that Bitcoin sells a lot of junk (altcoins) that are listed on these platforms.

I can proudly say that I have never made a deposit at any of the aforementioned CEX, and I only have an account open at one, although that is a completely different story.

Is the president even important in this story? I don't remember ever reading that their president makes statements on that topic, but that's not strange at all because it shouldn't be his job. This is about the fact that the law allows the use of a currency other than the domestic one for payment transactions and nothing more. Bitcoin can be successful in a country without the president or prime minister knowing anything about it, because if something is legal and brings profit, there is no reason to deal with it at the highest political levels.

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I just had to quote the whole post considering that you are referring to a post in which someone explains to you that only LN is used on Boracay, and you talk about the need to find a solution and that the fees are expensive and the number of merchants is decreasing. You got everything wrong, down to the last letter...

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I can only say that you read what I wrote above - and ask how is it possible that you were on that island and remained convinced that everyone uses on-chain transactions?

That day won't come anytime soon, if it ever does. The people you listed as the richest people in the world are only those who are publicly known for their wealth, and there are those who are not publicly exposed, but possess far greater wealth that was created over generations and is measured in trillions of $.

A question for you - what would the price of 1 BTC have to be for Saylor to overtake Mr. Mars on your list?

So you think that the OP is sad because she/he will miss the slot in the signature campaign? Very interesting thinking for someone who has only Newbie rank, and seems to know the forum very well, right?

Do you want to say that young people today would be happy if they discarded smartphones, computers, console players or the internet? I bet that 90% of those people couldn't survive a week without all that technology, and you'd really have to be persistent to find someone who would really like it.

According to what we see today, the majority of people are ready to sacrifice their privacy for the sake of their lifestyle, and even if tomorrow all smart device manufacturers announce that they share user data with all the governments of the world, I have no doubt that this would result in nothing but endless discussions on social networks.

Today, it all comes down to who will spy on you in relation to whose device you are using - and considering that Apple devices are also manufactured in China, be sure that the Chinese also have a hand in this.

Iamcrypticguy


GPTZero -> We are highly confident this text was ai generated - 92%
Copyleaks -> AI Content Detected
ZeroGPT -> Your Text is AI/GPT Generated 96.77%

If at least the majority of the members of this forum thought so, then there would be no problem with such posts - but from the posts above you can read very strange opinions, and it is not an isolated opinion - some members of the forum say that they only make their posts "more pleasing to the eye" " with the help of AI and that they see nothing wrong with that. Those cultural differences that you wrote about regarding plagiarism can definitely be applied to the use of AI tools.


It's true, there is currently no completely reliable way that can be used to detect content created with AI, but there is a set of tools that can be used and whose results can then be compared. I also recently accused someone of using AI, and it turned out that even two detectors showed bad detection - which means that we should be very careful and try to check with as many detectors as possible.

In my opinion, the bigger problem is that the forum's administration has not made a clear decision about this, and that practically means that anyone who reads the unofficial rules of the forum thinks that content created with AI is allowed.

We can take two reasons why the price fell by almost 20% instead of rising. The first is that the interest of investors after the approval of spot ETFs is not even close to what was speculated, and the second is that one of the companies that received approval for the ETF (Grayscale) had more than 600 000 BTC in its possession. The data says that they have already sold more than 80 000 BTC and are still selling, which definitely causes pressure on the market, and the law of supply and demand has taken its toll.


There is no problem here except that there were too many expectations around the ETF, but I have speculated before that maybe we should expect that the spot ETF will not have too much influence on the price of BTC, as was the case with the futures ETF. As much as one might think that any way that appears will cause a mass frenzy to own BTC, this is by no means the case.

Any way we look at it, I believe that less than 10% of people in the world have a positive opinion of Bitcoin - others still believe that it is some kind of ponzi scheme or means of money laundering, terrorist financing and similar things. Those who think otherwise should read what Gensler wrote after being forced to approve the spot ETF.

I would rather be rich in my youth, or rather in my best years, even at the cost of having much less or being poor in my old age. When you're young, you have far more needs and things you need to accomplish, and for that you need a lot of money - and when you get older, your needs decrease more and more and the only thing that matters is your health.

Therefore, I would emphasize that we should be more careful in our youth about the way we live, because alcohol, cigarettes and fast food will only come to pay in old age. I have a saying that says "old age will ask you where your youth was" and there is some truth in that.