The article doesn't say when Musk sold his bitcoin. It only says that in the recent filing the company confirmed that they sold. The recent filing wasn't today! They had to sell then report it and then someone wrote an article about the report. Get it? This means that a drop from 31.8k to 30k was possibly them selling, but the crash below 28k wasn't.

I'd say these were liquidated longs that caused it. Maybe some Chinese investors were holding bitcoin and seeing a possible crash on Chinese stock market sold everything, including BTC. That caused a long liquidation cascade and here we are.

More cheap bitcoin! I'm fine wit that. Wasn't planning to do anything before the halving anyway.

What you're complaining about is not really a problem with bitcoin but with any investment. It's hard to hold assets when you're running out of money for basic necessities.

That's why we call them investments, they're a way to multiply your capital, but you need to have capital to even think about investing, unless you want to take a loan or something and say YOLO.
If you had a gold bar, but lost your job and had to feed your family, you'd sell it and because of this simple reason poor people usually stay poor and get exploited by the rich.

Wrong. It was called that directly!

In 2017 Larry Fink called it an "index of money laundering"
In 2018 Nouriel Roubini called bitcoin "mother of all scams"
In 2019 Jamie Dimon called bitcoin "a fraud"
In 2021 Donald Trump said "bitcoin feels like a scam"

I'm not adding links, you can google it if you want.


Wrong again. Government can print money and you are willing to sell your bitcoin for that money.
In theory they could buy as much bitcoin as there's on exchanges.

If they US could send 75 billion dollars to Ukraine, they could spend the same on bitcoin if they really wanted to.
What would happen if other governments also tried to get it at the same time?

OK, so tell my why there shouldn't be a demand for bitcoin. It works pretty much like digital gold and is currently the best store of value out there, because it's the first and the only decentralized way to hold money. Every other thing is limited, requires a third party, or like gold is hard to carry around and sell. Bitcoin is simply the best and if you give people time, more and more will get to understand this.

Even if we ignore the above, bitcoin was trading at above $40k for almost a whole year in 2021. Why shouldn't it be like that in the future? You're looking at 30k right now but in reality going from 30 to 35 requires very low amount of money when compared to how much people put in stocks. A single billionaire investing in bitcoin could get us above 30k today and there's a lot of billionaires in the world.

What does it mean after the halving? Do you mean a month? A year? It's mathematically impossible for bitcoin to stay flat below 30k despite the halving. It either goes up to 40k or it dies and goes to 1k and eventually below, but for that the blockchain would have to fail somehow. As long as bitcoin works it's going up.

My way of playing is that I stay in the game for as long as it's fun and of course as long as I have money. When one of these two conditions aren't met I stop and take a break, which can be as long as a month, if needed.

Therefore I chose the first option in your poll. It's definitely the best thing to do when you feel your mindset changing. You aren't here to suffer after all, am I right?
Even if you feel like staying, take a short break, calm down and think if this is the right thing to do.

We're almost at 19.5M, so only 1.5 left to go.

What is a false bull? A bull run is when the price keeps going up. It doesn't have to break the last ATH, or it can go over it by a bit. The importance of a bull run is that the price keeps going up, with every subsequent correction ending with a higher low. This is pretty much the whole history of bitcoin, where in 2018, after the bull run, the price went to 3k, but in the next bear market of 2022 we made it only to 15k. In the long run we are in a bull market!

Short-term, it's enough for the price to stay above 25k, bounce back and hit something higher than 32k for us to officially be in a bull run. It's that simple!

It's the same here. The real name for it always used to be channel 1, but since it's only government propaganda they call it "government tv" in the free media.
Different governments use the same tactics because they learn from each other. If something works for one country it may work for another.


No, it's not. In most countries it's about buying votes and you can buy them by promising stuff to your voters, giving them freebies, lying to them, scaring them with war, or pandemic, or lack of money...
There's many ways to get votes. For instance, in Russia they like to simply print additional ballots and cheat the system the good old way.

OP is looking for an excuse, like any other addict.

It wasn't my fault, it was those:
-people advertising gambling sites
-signature campaigns
-people bragging about wins
-bitcointalk forum that allows people to talk about their gambling
-casinos that lure us in with promos
Add anything you like in here.

We can go on and on.

The reality is, if you're a strong-minded individual, you don't care. You do what you do, regardless of what someone writes in a thread.

Are we really going to rely on possible actions of unknown random individuals? There will always be people willing to sell, but my idea of life is going against the current, not with it. For this reason when we were really deep in a bear market I was buying. Because of that when people tell me to sell, because I should take profits, I will not. I don't need to "take profits" my way of life is to live with bitcoin, not use it as a tool to get more fiat and be happy that I somehow cheated the system. I bet that people who were selling at $100 were in this mindset, thinking they're gods of trading because they made 100x.

Is playing it safe actually getting fiat, or maybe holding bitcoin and avoiding fiat money is? Think about it.

I don't worry myself with things I cannot change. An ETF would eventually get accepted, be it in a year, or 10 years.

Also, we have a futures ETF, which is pretty much similar to a casino where you don't own any asset but bet on whether this asset goes up or down. Why not have the real thing where a fund holds your coins for you? Sure, it's not what bitcoin stands for, but if someone is too scared to hold it themselves, but at the same time wants to have it, just let him.

As far as Blackrock discussion goes, better them than a much smaller fund. If they have it there's a lower chance they'll go bust and/or scam people.

This is only if you assume that there cannot be a hype before Blackrock ETF is accepted. Also, it's not like that ETF is going to start trading right away and it's not like Blackrock Starts buying the moment it gets the green light from the SEC.

So, to address the first problem, we had plenty of bull runs without any ETF. We were at $68k without an ETF, so we don't have to wait and hope that an ETF will take us back up because eventually, with or without it, we will go up. It's also important to note that there's an ETF in Canada and now we have also one in Europe, but the price is actually lower than it was a month ago.

I love it, but let me elaborate, for the people who don't know why they should follow your advice.
There's literally no better way to store your money than in bitcoin. 

Someone might think we're all here to sell, but it isn't true. We are here to save up because no other thing in the world allows us to do so. All properties generate cost. All fiat currencies are destroyed by central banks that print like crazy and blame inflation on global warming and war in Ukraine (just watch Powell in Congress). Gold is hard to store, hard to keep safe, paper gold doesn't count as it's not the real thing.
If you have a few million in savings, you're fucked and you are going to be fucked by governments and banks until you find a way to cut them from your money. That's what bitcoin offers you.

The best answer should be never. I will spend some on the things I need along the way, but I will always remain a bitcoiner, even if it goes to a million dollars.

This World Bank is just an instrument of abuse that takes advantage of countries that need a money injection. These countries think that it's going to be a normal loan, where both parties decide on the amount and interest and it's done, but that's not how the World Bank operates. It wants to be involved in internal politics, in lawmaking. It wants to decide on the course of action the country takes.

It's like you had a lease on your car, but the company would call you and tell you if you can or cannot drive today, what gas station you can use, what tire manufacturer you're supposed to choose...

I hope more countries do like El Salvador and show these people their middle finger.

It's a great example, definitely a great airdrop, but how many people were aware of bitcoin in 2009?
Yes, people were given 25 bitcoin, but that was probably worth less than $25. You could literally skip a meal and get that. If you knew about bitcoin when it was sub $1 it was a strike of luck, like winning the lottery. All you had to do is get some from a faucet or ask someone to send it to you and forget about it. 10 years later you're a millionaire

I'd say that one of the best if not the best widely available airdrop was BCH.
Imagine that you were in bitcoin in 2010, 2011, or 2021, when you could buy 1 bitcoin for less than $5, so spending $500 would give you over 100 bitcoin.
In 2018 that would give you 100 BCH for free that you'd be able to sell for $1k a piece, earning 100k for literally nothing, as a reward for holding your bitcoin.

It's bullshit just as much as statements that CBDCs are going to benefit society because they're completely transparent, that your money is safe in the bank, that inflation should not worry you because it's normal, that money printing is normal, and of course, last but not least, that bitcoin is bad for the environment.

Do you really believe that the reason for KYC is to stop money launderers? How many money launderers are there really in a country? How many of them launder millions of dollars a year? I'd say not many. Why do all people have to lose anonymity because of these few people? Why do we, and by we I mean people like you, because I don't, support collective responsibility? Collective responsibility is a scam and a way for governments to abuse the public.

I've read many stories of this being done.

A gambler is not asked to do KYC for months, but when he decides to withdraw a large sum all at once he gets locked and asked for documents. Then the casino takes a long time to process it saying stupid things that they need documents to be in English because they can't read this or that language, or that they need the document to be not older than 1 month, although player's account is much older than that. Then they don't want to get digital versions of documents, including that proof of funds, that has to be in a written and stamped form, in English

They do it all to delay things as long as they can, hoping the client will give up and leave them the money, or starts gambling again and loses everything.

OP, you should have asked us earlier. It's better to wait and document every conversation with the support. If you're sending them everything and they are still delaying withdrawal, you're being scammed, but if you gamble and lose everything before your account is unlocked it's your fault. 

I know something about that since I have a little kid at home and my wife takes care of her. When I work from home they treat me like I'm still there to help.

I used to work downstairs but it was unbearable. For instance my wife would ask me things, talk to me, share thoughts, treat me like I was there watching TV, not working and focusing on my task. I moved upstairs, but it's still the same, just that she screams to me from downstairs asking me if I can come down because of whatever, like there's a spider, or the cart brought in a lizard, or a million other things of similar importance.

Why continue doing what you're not proud of? The answer is easy. Addiction, hope of getting money, bad financial situation, stress relief... For many people this is an activity that allows them to let off some steam, like sport. At the same time they know their family is against it, so they don't even want to start an argument with them and prefer to keep secrets.

You could ask this question to any outlaw. Why do you keep stealing if you're not proud of it? Why do you keep it a secret? They'll tell you the same thing. They chose this life.
They don't want to be known as a gambler, an alcoholic, a thief... It's all the same to be honest. All of these things have negative connotations in society.

Hopefully it's soon, because I've checked the list and at this point it's only the newest edition. I have a 2 year old phone and it's not on the list and the few ones that I've checked cost at least $500.
My target is usually below that because I buy a phone for everyday use outside, which means that it can fall to the ground, get scratched and all that.

If they can add this option to your average $300 phone, I might be interested, especially since I've used Bitrefill a few times and never had any issues with them. 

OP's story is probably fake as there were no responses in this thread. It's just a story meant to earn merit, a post and forget kind of thread.
One one hand the guy has no money for basic needs, on the other he has money to invest in bitcoin. That's a very rare case.

Another question I'd like to ask OP is:
If you had to cancel studies due to lack of money and came to own some in the coming months, would you invest it in bitcoin or go back to school?
Unfortunately, he won't come to answer as he hasn't posted anything for weeks.