As the saying goes here, "everything is possible', and with every 4 years bitcoin is becoming scarce, then maybe in the future we are going to see 1 BTC = $ 1 Million. For now though it looks like not doable, but maybe when we reach a point that almost all bitcoin has been mined, maybe in the next 3-4 block halving, the price is going to shoot up.
And with that, it's better for us to really stack sats, it's going to be a race for everyone to get at least 1 BTC in their wallet. And for those who have achieved it, then they are lucky because right now it's going to be very difficult unless you have the money to begin with. But for the majority of us, average joe investors, it might take some time.
The main question is whether bitcoin will be interesting for speculation when it will be worth, for example, 100,000 (I'm not talking about a million) . How long would one have to wait to get 2x? I think a lot can be said for a million, but who will need bitcoin at 100,000 in reality is another question. Will there be buyers? |
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I think it depends. You can have the means to purchase the basics of life but you may be deficient in other areas like a knowledge in a particular field or thing and due to this absence, can cause you to make decisions that can be costly.
I believe the Op meant that money is not the only thing when lacking that can be defined as being poor. To me, too little knowledge of anything can be dangerous and can be seen as poverty.
The main problem is who will give this knowledge and from what textbooks (modern textbooks are often worse than those published in the twentieth century). Therefore, higher education does not mean that a person has received the appropriate knowledge. Practice is important, and the extent to which a person can self-correct. |
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It's quite easy to stop playing - you just have to switch yourself to something else. But this is difficult to do psychologically. Another hobby should bring you a similar level of adrenaline. Of course, whether you have the courage to stop playing is another question.
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On the one hand, renting real estate is a good thing. If, for example, the store does not bring in the expected income, you can simply open a store elsewhere. If, however, you bought the premises as property, and the business went bust, you will have to think about how to sell the premises at least at the value at which they were bought.
On the other hand, if the premises are not owned, and you have promoted the place itself, the landlord may want to terminate your lease and open own similar business in the premises.
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Unfortunately, some regions face uncertainties and difficulties in maintaining a stable and secure property environment. Respecting private property rights is vital to a stable and prosperous economy. In situations with property rights challenges, it is important to stay informed about local laws and regulations and seek legal advice to protect your interests. Understanding the specific rules and regulations related to property ownership, leasing, and many other properties in your country can help you solve complex problems and reduce potential risks. While it is true that certain regions may experience more difficulty and uncertainty regarding ownership and enforcement, it is important to consider the broader context and assess the risks and specific opportunities in your local market. The real estate market can vary significantly from country to country, and understanding local dynamics is crucial to making informed investment decisions.
Property rights often depend on the opinion of local government. Regions are given wide latitude, so local specifics must be taken into account. In addition, tax laws, which are not always objective, must also be taken into account. The main thing is to lower the property tax rate, otherwise it becomes a problem |
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CZ seems to have even suspected that this would happen to him and to his exchange company, Binance. So since long ago he always said through his tweets that in essence Fud and the like one day there will be much more. and he always emphasizes the 4 points that he always shares in his tweets namely
Or maybe he deliberately provoked this attack. After all, if he gets away with it, it will greatly strengthen his position on the cryptocurrency market. Although this attack should have been invented, because the need to dot all the dots and get clear rules is long overdue |
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Of course this will not be impossible to happen, and this will require the approval of countries involved with the USD, such as China they are designing a new currency that will kill the USD and they certainly have very big goals in this matter, and countries like China do want to dominate the world and do not want dependence on the US country, So it will be a big problem if the new currency system is going to work, and it will have to have the approval of the community.
On the other hand, we can constantly talk about independence while remaining extremely dependent. It is just the master's permission, so to speak. It is just strange how it is possible to form an independent financial system without the participation of the United States, which is still pulling the strings. And the BRICS countries are also partly dependent on the U.S. |
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LANEAXIS announce a new partnership with the National Owner Operators Association (NOOA). Formed earlier this spring, NOOA already boasts more than 40,000 members comprised of owner-operators, carriers and independent truckers – the 97% of the U.S. trucking workforce. - More detail - https://twitter.com/laneaxisnetwork/status/1668327772182441984 |
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LANEAXIS объявили о партнерстве с Национальной ассоциацией операторов-собственников (NOOA). Созданная весной этого года, NOOA уже насчитывает более 40 000 членов, состоящих из владельцев-операторов, перевозчиков и независимых дальнобойщиков - 97% рабочей силы в сфере грузоперевозок США. https://twitter.com/laneaxisnetwork/status/1668327772182441984 - более подробно По поводу свопа с AXIS на Ethereum на AXIS в собственной сети, гендиректор заявил, что ждет более благоприятных рыночных условий - https://t.me/c/1243493480/1375 |
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What is happening now looks like a prearranged play. I think this play will last another 1-2 months, after which a prearranged agreement will be signed. The SEC's actions look too strange. It is unlikely that America is ready to really show the world its weakness in terms of combating cryptocurrencies, because the SEC decisions offered now are characterized by their inflexibility
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The snowball method as you described it is actually pretty poor and if you have substantial debts it could leave you paying them off for longer than necessary. It all requires context however and a bit of common sense, but mathematically speaking you should aim to pay down the highest rate of APR first. If you have reached the point where you are looking at paying off debts seriously, then hopefully you've started to note down all the debts so keeping track of them should get easier in that sense. Sure, you might want to tidy up a few lower numbers if you can, but if you have $10k of debt with $1k on 5%, $4k on 7% and $5k on 20% it makes absolute sense to clear the debt charging 20% first - you're just punishing yourself financially otherwise.
The easiest thing to do in this case is to take advantage of debt restructuring or to pay off all your debts by taking a loan from a bank with a lower rate. Of course, it all depends on the size of the loan, as there are restrictions on the loan if you already have a fairly large loan |
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June is still long and the price of Bitcoin is still unstable, and even a dump can happen again because $ 20k is lurking,
moreover bad news always comes, to be honest the situation in June is more scary than in May,
even though we are getting closer to the halving but Bitcoin still not bullish.
It is unlikely that bitcoin price will fall below 23000. I think we can expect a sideways movement between 23000-27000 until the end of June. Mid-July usually comes out strong, so bitcoin could start rising again from mid-July. Also, Halving is coming soon and bitcoin will have less and less room to fall. |
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the dibinance crisis will make all crypto impact the market.
something that is big and well-known if it suddenly becomes problematic will certainly have a bad impact.
maybe the crypto market will drop very deep if binance threatens to collapse.
I don't think binance will be threatened with collapse. Yes, in the worst case they may close Binance.US, but I don't think that will happen. More likely, they will find some compromise that suits everyone. The SEC doesn't control the whole world, so their decisions can have a global impact on the world economy. And they are unlikely to shoot themselves in the foot by deciding to ban. |
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Must successful businesses are not run by high certificate holders indeed but then being certified in a particular field gives you an insight into the theoretical framework for the business and how to administer the day to day running of the company and thos could result into whether or not the company succeed or not.
But to guarantee success of a business, the owner needs to have a long-term experience in the business in other to effectively manage the business and place it on track for success.
The certificate is only an additional confirmation of the level of knowledge (if it is not acquired on the black market). But, again, it is one thing to have a certificate, and another thing to successfully apply knowledge in practice. Very often the reality is different from what is taught in the institutes. When a person comes to work (for example, on a construction site), he is honestly told to forget what he was taught at the institute. The same applies to certificates |
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Yeah, investing in something is basically giving some project the chance to do something in the real world, like Apple, Microsoft, etc.
Gambling is simply buying a sensation that feels good. In the end the casinos will take all your money, it's based on math, it will always happen if you keep playing.
The only way to win against the casino is to win big once (which is rare), and then stop playing forever (which is rarer)
The concept of big winnings is different for everyone. Gambling is what drives people in the first place. The opportunity to get an unforgettable feeling when the bookie slowly pulls out a card that can help you create a flush royal. All or nothing. |
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Let us consider that similar to a company where staff is getting lay off due to recession or may be that company getting on the verge of bankruptcy or something like that. Now what are we left with? Just a normal news where company is trying to make its stand with the help of reducing financial burden. If US government went strict on them then that’s not the fault of a Binance US. They have to pack their things and flee the country. Sad for the US employees I guess but can’t help it if company wasn’t up to the standard of SEC or internal politics. Nothing much will happen except a FUD, FOMO sell offs, whales buying more at discounted rates and regular guys going nuts about it. After few months dust will be settled whales will become more rich because they took the chance and regular investors would cry with the statement “they wish they would have bought or kept their investment as it is”.
I agree with you. All this hype looks like a big financial manipulation to further take assets out of weak hands. My guess is that the SEC attack will end up being next to nothing, but will keep people in fear for a month or two. Those who are quieter will win. |
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i still side with cz . if binance does exit crypto then crypto's largest market will be exhausted, and i believe it will affect the crypto community in at least a 30 to 50% drop in crypto volume will be lost. building binance also must have been a long struggle, but if it was that easy the SEC closed it I think financial freedom is indeed more complicated than before.
The problem is that the SEC went to war with the cryptocurrency world with a superficial understanding of it. To them, all cryptocurrencies are securities. But then again, cryptocurrencies don't belong to any state, so either international laws or no laws can apply to them. And single taxation of cryptocurrencies is not possible yet. |
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While a lot can be learned from our mistakes, at the same time newbies make a bunch of mistakes which they could have easily avoided if they took the time to read a book or two, what I am saying is that there is no point on trying to make every single mistake by ourselves, it is also important to learn from the experiences of others as a way to reduce the number and the extent of our mistakes, as this saves us money and a great deal of headaches as well.
However, in order to begin to learn from the mistakes of others, you must make your own mistakes, otherwise there will be no incentive to learn. You have to get some experience, because theory is one thing and practice is another. Without practice, it is very difficult to understand theory. |
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Halving is what we are waiting for because it can make a price increase, Halving has occurred several times and the result is a significant skyrocketing price, Halving in 2024 will occur in March and in my opinion it can be pump, and I'm sure in 2024 it will be able to touch $ 100k.
Everyone will expect 100K after halving, but the manipulators know that too. And bitcoin might stop at 95K. At that point almost everyone will take long positions for very large amounts - and then there could be a huge collapse. Yes, there is a 70% chance that bitcoin will pass the 100K mark, but there is a 30% chance that it won't. |
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The decline in the price of bitcoin in the last few days can not be unrelated to finance and its crisis and this sec suing and the whole market crisis have followed that pattern but very certain that the next coming weeks are going to witness a significant change and recovery is going to be evident in bitcoin and other potential cryptocurrencies, this reflects the cycle of price movement during this period as a yearly market.
But also we have to be awakened to the realities of current times and how the market reacts to the various sec policy framework that may have a direct impact on the immediate market price of bitcoin.
If we take history, the price drops in May and June are the usual seasonal fluctuations. So we can assume that it is not events that drive bitcoin, but that those who manipulate the price of bitcoin are somehow influenced by related events. Everything in the world is cyclical. Of course, such an assumption looks fantastic, but anything is possible. |
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