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701  Economy / Speculation / Re: How much ,as you think ,is 1 bitcoin in 2025? on: September 11, 2023, 11:12:37 PM
How much ,as you think  ,is  1 bitcoin in 2025?

It is really fascinating how Bitcoin become what it is today I mean just take a look at this post we did not really know in the past year that Bitcoin is going be able to reach this market price at all, Maybe we really just have a very low expectation on it, just looking at this post its not even 2025 and we already surpass 10k$ a long time ago, I mean just looking at the development and adaptation of the Bitcoin around the globe it is for sure adapted very well even in my country, banks are even starting to support cryptocurrency to the point where it is already on their platform. Just looking at this adaptation for sure it is going to be big the next bull run and the market price is going to be big.

Now looking at this point, I'm thinking that the market price in the next bull run will probably be around 100k$ - 150k$, But now maybe I have a low expectation maybe it is even possible for the market price to skyrocket up to a million dollars soon. The potential of this cryptocurrency is just through the roof already so for sure it is going to be big in the coming years if it continues what it is doing unless something happens.
702  Bitcoin / Bitcoin Discussion / Re: What do we benefit in lies in forum on: September 11, 2023, 04:38:06 PM
I'm not creating this thread to wrong or offend anyone, because i have read so many post that is like fiction, even though cooperate with system, so many thread in Bitcoin discussion mostly newbies like me do frame a story that is not real in Bitcoin and also said a story of what they achieve in Bitcoin that is not real and present to the public to read and take as real story whereas it's a fiction, I want the reason behind someone given a fiction story to the forum. I want ask a question as an old forum user, is it not prohibited when someone discussed something that is not contrary to bitcoin education in this board.

Instead of formulating what is not real to write, it's better to make research of bitcoin and educate others through your research, some people make some posts without making it to be informative, some gives testimonies of their achievement with Bitcoin without proven evidence. I think we are to exchange of bitcoin knowledge and share experiences of Bitcoins with each other not to give fake information about what Bitcoin has done to you without evidence.

I mean we can't do anything about that if someone wanted to lie about something we can't do about it, they can lie all they want but I dont see how they are going to benefit from that. I guess there are some with the intentions of getting merits, since most of the posts about being successful or achievement could probably earn a good amount of merits, For sure it wasn't really that worth it I mean you can't lie everytime about something and most of the members are gonna smell that something is fishy if he always lies about something and for sure this post should at least have evidence as well of there achievement. I just doesnt see the point if they are going to continue lying about something just to make a single post.

There was no obligation here since merits are subjective you could merit anyone if you feel like it, I guess all we can do is avoid meriting this kind of post since it doesnt have some kind of knowledge unless they share their experiences and knowledge at the same time of the post, with that I guess it's already worthy of a single merit at least.

703  Bitcoin / Bitcoin Discussion / Re: Bank vs Crypto: Are they opposites? on: September 10, 2023, 11:50:51 PM
For sure there are a lot of differences between banks and cryptocurrency, we can already see crypto as decentralized and banks are centralized platforms, the technology is different since cryptocurrency operates on the blockchain and they do transactions differently with the banks, where everything is just centralized which is actually not something that I would definitely recommend. I mean for sure back in the day these two were just completely different and there are some saying that cryptocurrency is going to kill banks in the future because there is just no one that would actually want a centralized platform or just put your money in savings where you dont really have complete control about it right.

But right now I can already see how the cryptocurrency adapt to a lot of countries even here in my countries cryptocurrency already adapted to the point where it is already available to a lot of platforms or banks, some of the banks here in my country already allowed users to buy cryptocurrency using there platform, I mean for sure this banks or companies already realize that they cant really stop Bitcoin so they probably just need to adapt on it because its probably one of there competitors if they didn't do something a lot of money is going to be put on cryptocurrency,
704  Other / Beginners & Help / Re: What's your purpose of belonging here on: September 10, 2023, 11:19:14 PM
I have never mean to raise this this topic so far but sometime I do asked myself why do we join here.
For me is to gain vast Knowledge concerning all that relates with bitcoin as well as knowing the concept of how to become very secure with our investment. I do find this platforms helpful as it focuses on information that gives a full interpretation of bitcoin utilizations.

I don't know your purpose of belonging here but you can present yours as well, Maybe we can also learn by sharing thoughts feelings.

For sure because this is a forum about cryptocurrency and Bitcoin the main purpose of most of the members here or even me is to gain knowledge about cryptocurrency, to be honest, I just joined here because I just need some help so I really just ask some question about my problem on my cryptocurrency investment and that is why I see this forum on how useful it is. Because I could easily ask it if there is something that I didn't know I mean yes you could just do research about it but there are some that you can't really find on research accurately something like instructions or you are just new to a Bitcoin wallet and then you want some suggestion or can you do something like this on your Bitcoin or something like that on your wallet, members here are going to suggest you because they already have a lot of experience about that. That is just when I find this forum really useful. At the same time, one of the reasons I was really motivated to post on my account was because there are some bounties or signature campaigns available that you could probably earn a decent amount of money, for sure you are kinda familiar with bounties, and not every time you could be lucky and earn on that project since there are a lot of them that is just a big scam. learning and earning at the same time was just great, I mean you dont really need anything here in the forum you dont need to post you could just post if you need some help or you could help them as well if you experience there questions you want to put some suggestions.
705  Bitcoin / Bitcoin Discussion / Re: Government vs Bitcoin on: September 10, 2023, 11:02:25 PM
Governments frequently misunderstand bitcoin innovation.
This impression arises from the disproportionate bans and regulations they enact.
Although occasionally the bitcoin regulations appear unreasonable, I posit that bitcoin is not as detrimental as suggested. Please correct me if I am wrong.

I mean right now I could totally see the Bitcoin adaptation in my country it is already used a lot by a lot of companies and even allows trading this cryptocurrency in their platform which is already a big thing since there are millions of users there that are having a good chance to invest in cryptocurrency or probably just have there interest of it. There are probably some governments that misunderstand Bitcoin or don't really want or support Bitcoin but there are still a lot of countries that support cryptocurrency or blockchain development. Cryptocurrency projects are already starting to give jobs in my country so as long as the government doesnt interfere to probably not banned cryptocurrency it's probably going to be fine since cryptocurrency continues to adapt in most of the country and projects are already starting to be big, and even starting to give jobs to developers here in the Philippines.

There are probably some things that the government doesnt like about cryptocurrency since it is decentralized and they can't really put a tax on it, but it is probably indirect since they could tax the platform that is doing it if it is operating here in the Philippines. I mean it is getting a lot of money out of our economy and the government doesnt really want something that they cant really control. But still, there are some that are just neutral about it because it still has positive and negative.
706  Economy / Economics / Re: Is market manipulation a common occurrence everywhere? on: September 10, 2023, 10:47:28 PM
Everyone wields different powers when it comes to business. Some say that cryptocurrency prices can be manipulated by wealthy individuals. Despite being decentralized, it seems that price movements can be controlled by specific entities.

So, in your opinion, can everything related to money in this world be manipulated? For instance, do you believe that the value of the USD or the largest stock market in the US can be manipulated by a few individuals?

What kind of people are capable of market manipulation?

I mean most of the time and everywhere there are obviously a lot of manipulations that are happening to everything that involves money, I guess it is just because everything can be manipulated by money, but for sure not all the time the cryptocurrency market is manipulated. I mean you are right it is still a decentralized market unless you are referring to the centralized one probably that is where most of the time there is a lot of manipulation happening because there are just some tokens where the developers still have a lot of supply on there hand, so there are a lot of cases where they can easily control the market, I mean they could easily sell a large portion of there holdings and that could easily kill the coin they are holding.

It is actually really easy since people who are capable of manipulation in the market are just the one that has a big amount of holding, but for sure there are only a few people who could probably do that so most of the time if there are some manipulations it was probably a group of whales, or governments, companies, etc.
707  Economy / Speculation / Re: What is your anticipation on bitcoin market capitalization as for 2030 on: September 10, 2023, 05:10:35 PM
I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?

It is really difficult to anticipate or even predict the market or how it is going to turn outs in 2030, I mean we dont even know if the cryptocurrency or Bitcoin market is still going to exist at that time because until now Bitcoin market price is still just base on supply and demand, probably right know we can see the market price of Bitcoin continue to skyrocket and sometimes in make a small dip, but because of its volatile market price we could always expect a big dip at any time because the price is just base on supply and demand and if there was no demand already the market price could easily reach 0. We all believed in Bitcoin and cryptocurrency and even though it is still possible for the market price to reach zero its probably not going to happen at all.

But what if for example a war or a lot of natural calamities hit the world that could easily make a big impact so there was still no basis for cryptocurrency for all of its factors even though we are basing our prediction on its past market price, It is still one of the riskiest investment that you could make compared to the stock market, real estates, etc.
708  Other / Beginners & Help / Re: Looking for ways to improve my knowledge on cryptocurrency on: September 10, 2023, 04:19:13 PM
Hey guys am a newbie here, and I was ways to make or earn funds via online, and then an old friend told me about Bitcoin forum.

And I've also come to know that this forum can give me the best possible knowledge that I need about cryptocurrency, whilst learning about the different currencies in crypto I can as well earn from it.

What are possible ways to earn from the platform and whats involved  not forgetting how I can make progress in my journey in the crypto world .
 Help is needed

The easiest way to make a profit is to just invest in cryptocurrency since you are already here in the forum there are a lot of members here that could help you in your cryptocurrency journey, so I suggest starting your cryptocurrency journey already. You could easily start with the dollar cost average, What you can do is buy cryptocurrency like bitcoin every week maybe every month or you could buy every time you have extra money with that method you could easily earn a good volume of cryptocurrency as an investment where you could easily sell in the future when the market price skyrocket.

You know you are lucky to find out about this forum because this forum would really help you a lot on your journey When I was just getting started on cryptocurrency this forum really helped me with my problems on cryptocurrency, every time I encountered problems or I didn't know a small things something like where to buy I always ask here in the forum what are their suggestion and that actually helps me a lot, also the biggest help here is this forum really change my mindset how I handle my finances when I already started to earn on my cryptocurrency investment.
709  Bitcoin / Bitcoin Discussion / Re: Crypto or Real estate on: September 10, 2023, 10:03:19 AM
Cryptocurrency:
 Cryptocurrency is a digital form of currency that not controlled by any government or any central authority.
In crypto, there is a high rate of return as compared to the real-estate. Cryptocurrency is decentralized (not controlled by any authority or any government). In crypto, u can trade at any time according to the condition of the market you can trade for a long or short period of time. As you wish. But in crypto, the price can swing at any time because any good or bad news is able to change the game.
Real-estate:
Real estate investors are those who purchase property to make profit. They buy residential, commercial or invest through funds. They make money when the value of the money over time increases.  Real estate provides us with a physical asset that can provide us security and stability as compared to cryptocurrency. Real estate property has high potential as compared to crypto to increase its value after a period of time.

Which one do you prefer?

I would still pick real estate investment over cryptocurrency even though I believe in cryptocurrency and know that Bitcoin could probably increase and skyrocket its market price to even a million it is still a risky investment and it wasn't guaranteed that it is going to happen. Compared to a real estate investment where you have tangible assets, that is lower risk. The problem on cryptocurrency is it doesnt really have basis we just dont know what is going to be the market price in the future or maybe in 2030 is cryptocurrency still have value or does it still exist?

What I'm doing is I don't really have a big amount of money since real estate would cost a lot of money so, for now, I just invest in cryptocurrency and hoping in the future I could make a good amount of profit by accumulating Bitcoin and hoping in the Bullrun I can make a good profit. If that happened the profit from cryptocurrency im going to use it to or invest it on real estate investment because that is more secured investment.
710  Local / Pilipinas / Re: Over 4 million accounts ng Gcash ay binlock. on: September 08, 2023, 11:59:12 PM
Nasa 4 million users account na pala ang binlock sa Gcash simula noong January 2022 dahil sa mga accounts ng Gcash na ginagamit sa fraudulent activities. Sa pagkakaalam ko, possible na yung mga users na walang kaalam-alam ay possible na maging sangkot dito. Upang maiwasan ito, iwasang i-link ang Gcash accounts sa mga site na hindi secured at i-check ng mabuti kung tama ba ang link ng website o may mga letters na naiba.

Ang Gcash ay kadalasang ginagamit ng crypto users sa pagwithdraw ng kanilang pera galing sa exchanges sa pamamagitan ng P2P. Sa tingin nyo, may mga risks or cases kaya na mablock ang account dahil sa P2P?


GCash takes down over 4 million accounts


Sobrang popular na ng gcash ngayon sa mga online payments, and kahit sino siguro ay mayroon ng gcash lalo na at sobrang convinient ng gcash kahit saan stores, kahit nga sa mga sari sari stores lang ay mayroon ng gcash payment at pwd kapang magpacash in ng gcash dito if gusto mo magpadala ng pera sa malalayong lugar tulad ng mga probinsiya pwdeng mag Gcash payment ka nalang para masend ang pera sa kanila then pwd nilang macashout yon sa mga ATM.

Dahil din sa pagiging popular ng Gcash kaya maraming mga scams at hackers ang ginagawang farming ground ito lalo na at maraming mga Pilipino ang hindi alam kung pano poprotektahan ang kanilang sarili sa mga ganitong hackers, marami nga na cases ngayon kung saan ikaw pa mismo ang tatawagan ng mga hackers at magkukunwaring taga Gcash and hihingiin ang MPIN mo or OTP ng Gcash mo ang dahil akala nila ay taga Gcash ito ay ibibig din naman nila ito something like that. Dapat lang talaga ay mabawasan na or iblock na ang mga account na related sa scams or hacks, pero syempre wag naman yung mga walang alam dahil marami nga naman dito kung saan saan kinokonect ang Gcash nila.

Nakakadismaya lang yung sim card registration isa sana sa inaasahan para mabawasan ang scams at hackers sa mga ganitong cases pero mukang palpak dahil kahit ibang ID ay nagagamit din naman.
711  Economy / Economics / Re: I wonder if food prices in your country have also increased? on: September 08, 2023, 11:26:30 PM
Since August in my country, the price of food, especially food staples such as wheat, rice and others, has experienced a very high price increase. This was apparently caused by the ongoing drought. Which makes several areas of plantations and rice fields fail to harvest due to lack of availability of water to water the plants. And this makes food stocks in the market start to run low from time to time. And yes, the price hike ensued. Rice prices here have even increased by around 9-10 percent in the last month in my area. And I'm afraid the increase will continue. Because many residents are starting to talk that if the drought continues longer then it is feared that the increase will occur higher and faster. For farmers, it can be said that currently they are getting big profits because they can sell agricultural products at high prices. but for ordinary citizens who do not have agricultural land, the current food prices really make them tight.

The residents' economic sector has actually begun to recover and improve in the past few months. But because at this time there was another spike in prices again, it made the people around me start to complain again about the current economy.

But I was wondering if this only happened in my country or in your country too?

In my country the price of everything is increasing just because of inflation, I mean it's a problem all over the world and a lot of countries cannot solve this problem. But this time it getting really noticeable to the point where my 500Pesos could not every a whole cart, I remember back in the day when 500 pesos worth of groceries was already too many and I could already use it to fit a whole cart, but now 500pesos worth of groceries is just 3-6items of groceries. If I get everything normally it would not cost around 3000Pesos worth of groceries. I mean it's a big problem for sure even the price of rice in my country is a big problem, it just continues to increase its price, and the export of rice is already increasing to the point where local farmers' rice is going to cost more than the import one. Which is a bad thing for the economy of my country.

In my opinion, these things are just inevitable and we cant really do anything about it what we can do is adjust that, What I think people really need here in multiple sources of income, I've realized the importance of having multiple sources of income and having that is wants going to make you successful.




712  Economy / Speculation / Re: How do you suggest I handle incorrect price predictions? on: September 08, 2023, 10:35:25 PM
I find it frustrating when my price prediction for the market fails. I know that it is difficult to predict the market movement due to its uncertainty and also that it is not possible to consistently predict the future accurately but it still hurts when I tell it to my friends and it doesn't turn out so. In January, I had predicted that by the third quarter of the year, bitcoin will hit $35k - $40k. I hide my head in shame because right now it is struggling at $25. Maybe I should stop quarterly prediction and stick with monthly predictions. Also how do you suggest I handle incorrect price predictions? Anybody been here. How do you handle it?

I mean for sure it is impossible to predict the market accurately because there are just too many factors that are affecting the market price that we might know, For sure it is really frustrating seeing the market drop and your predictions are not correct, but I mean its kinda normal since you can't really predict the market at all, but it just feels great if your predictions are right then you nailed it making some small profit.

For sure that is the way but you if cant bear the wrong prediction, I mean just dont make a prediction at all, I mean expectation is really the thing that is going to destroy your investment in the end if you not going to expect anything on the market then you dont have to worry about anything, Also just dont make cryptocurrency your main source of income or just dont expect anything as a return of your investment on Bitcoin, if your going to do that you could probably HODL your cryptocurrency for years, Personally in my experience its kinda work, unlike my past investment where I actually looking forward for that profit that I'm gonna make and think of the things that I can buy already expecting to earn a good profit. But in the end, you're just gonna end up selling your investment at the wrong timing if you're always expecting something.
713  Other / Beginners & Help / Re: My decision on bitcoin on: September 08, 2023, 10:01:39 PM
I recently created a post asking if I should buy bitcoin now or wait for the dip, and majority of the response I got from the post, advised that I should buy now rather than waiting for the dip due to its volatile nature, and I'm satisfied with this response and I'm willing to bear the risk.
Reason for all these questioning, I have a dream of becoming a long term bitcoin holder but, dreams aren't achieved with words alone, an action is needed for the start up, so I have decided to sell one of my less used phone for the purpose of buying bitcoin.
I'm really eager to purchase my first bitcoin in satoshi.

It's great to wait for the dip if you're going to buy Bitcoin it's probably going to be a great buy but in the cryptocurrency market, it is just so unpredictable so waiting probably is great if you are actually lucky where the dip is going to happen but sometimes waiting for the big dip is not going to be worth it and it's not going to happen then your going to lose your opportunity to invest in the end of the day not knowing that the market price is already too low and its a good time to buy Bitcoin already.

So the best thing to do as always is Dollar cost averaging by stating buying Bitcoin already and then you could start accumulating Bitcoin every week or every time you have money, that way you could always get on the market trend even if the market is up or down you are always in the market, probably you could increase your buying power when the market is down to maximize your profit, just make sure to only sell when the market is up or its Bullrun season.
714  Bitcoin / Bitcoin Discussion / Re: Let's Stabilize Bitcoin on: September 07, 2023, 06:07:04 PM
In order for Bitcoin to be widely used for payments, it is necessary to stabilize price fluctuations.

Question,
Bitcoin and other currencies A and Prepare B.
A and B are equivalent exchangeable and can also be equivalently exchanged for Bitcoin.

Is it possible to stabilize prices through market mechanisms due to this?

For now, I dont think it is going to happen since the market is naturally volatile because it is the nature of cryptocurrency, that is why it is a risky investment because of the volatile market price, sure sometimes the market stabilizes but after a few weeks or months there are for certain movements that are going to happen like what happened in the past weeks. This is why I believe that Bitcoin for now is meant as an investment because that is the main purpose of most of us we buy and invest in Bitcoin because we want to earn profit on it. I mean for sure there are a lot of us that already use Bitcoin as a mode of payment but we can notice that it doesnt really suit us well because of the volatile market price if you're going to accept Bitcoin on your Business or going to use it as a payment to something, there is a possibility that you could easily lose money since the price might probably drop or increase already the time you're going to pay.

Maybe in the future, we are going to see how the cryptocurrency is going to adapt as a mode of payment but for now in my opinion Bitcoin is better as a investment just because of the volatile market price.
715  Economy / Economics / Re: Which problem will you choose to solve? on: September 07, 2023, 04:00:54 PM


I came across this tweet, so the reference is the username. I thought it was a topic worth bringing up for discussion to see the choice that will be made by forum members. This topic is about solving problems as a service you render to make a living. Which of the problems will you prefer to solve as a service you render? the problems of the poor? or the problems of the rich? (support your choice with a reason)

I posted this here because it relates to choices we make concerning how we want our finance to be, if this is a wrong place and the topic fits better in "politics and society", I will be happy to move it there.

For sure it's better to solve the problem of the poor, I mean what's going to be the problem of the rich is just how they are going to multiply their investments probably, meaning they already have their investments or money and they just need to multiply that or have multiple sources of income in order to become an even richer right? I mean just compare that to a poor problem, it is how they are going to start from scratch how they are going to start earning and have multiple incomes in order to become rich or at least financially stable.

Both of them probably is going to be difficult for the most part and it doesnt really matter because it is all a challenge for us, and what ever what the challenges in our life are there is always a way to solve them. I heard from a podcast about financial savings where they said that it doesnt matter how many times you fail, what matter is how many times you pick yourself up because we are all a product of failing, and being successful is not easy, so it's normal to fail we just need to keep on trying until we finally made it.
716  Other / Beginners & Help / Re: Don't look for investment, just hodle! on: September 06, 2023, 07:07:40 PM
The reason why so many newbies have missed their steps in Bitcoin is because they have missed the primary approach to avoid getting into the wrong investment,  because we all know the risk associated with cryptocurrency for that there is need to clarify one thing which is is burn out of personal research.


Reason why many fail for scam is because they are looking for investment instead of just holding Bitcoin and wait for it value to appreciate organically,  there is no doubt that DCA approach is good but then also if a newbie os not careful you could lose along the line of DCA so DCA is out of this discussion,  but let dive into something more realistic taking recent happenings with so many investment scam,  exchanges ditching off their clients money and so many other scam projects platform and signals that are notable bad actors in the market.

To avoid all this,  it become paramount to only abide by one rules which is to keep Bitcoin in your wallet and stop looking for investment that are centralized to reduce your risk.

Just a friendly advice!


I mean Bitcoin is great as an investment sure if you're going to buy Bitcoin for sure that is the main reason why we buy Bitcoin anyway I mean I dont know anyone who bought Bitcoin that doesnt treat Bitcoin as their investment or doesnt expect any kind of return on Bitcoin. For sure Bitcoin was just a new thing back in the day a few years ago, There was no such proof that Bitcoin going to guarantee profit so it was obviously risky to invest in Bitcoin in the past years, even now the market price is just supply and demand.

I can clearly see your point here but I think the best way to say it is to only invest what you can afford since it is just not expecting anything on return on your cryptocurrency because that just means you could hold for a long term because you not expecting anything, I completely agree with it since a lot of newbies are just buying cryptocurrency expecting a big return already, the trick is to HODL for long term until the Bullrun, which is, in my opinion, is going to be difficult if you're just going to make Bitcoin or cryptocurrency your main source of income, if you have multiple sources of income you could easily HODL for long term investment since you dont need the profit quickly if you have a emergency.
717  Bitcoin / Bitcoin Discussion / Re: imagining what he will be like the last halving on: September 06, 2023, 04:33:10 PM
Well most of us are waiting the next bitcoin halving and speculate about how it will affect the network, mining, fees, and prices

But I wonder how the bitcoin environment will be in years of the last halving. (I know i am not going to live to see that but in any case i want to dream a little with that).

So, picture this: It's near the year 2134 or 2138, and we've experienced the last-ever bitcoin halving. At this point, miners are going to get only 1 Satoshi per mined block, plus transaction fees. It's a far cry from the current scenario and for the next period of 4 years only 210000 new satoshis will be created. That made me think that we need to start trying to save every satoshi available.

For miners, it's safe to assume that transaction fees will go through the roof. As the mining reward shrinks, miners will need to get creative to keep their operations profitable. They might start looking into greener, more sustainable energy sources to cut costs and invest in better mining hardware to maximize their returns.

On the other hand, for folks like us, the incentive to spend our bitcoins may decrease. With rewards diminishing and fees on the rise, there's a stronger argument for holding onto our digital treasure unless it's absolutely necessary. Think of it as a futuristic savings account where every satoshi saved feels like a victory.

In the end, none of us may live to see the year 2138, but it's exciting to imagine how the world of bitcoin will evolve after the last halving. The balance between mining rewards and fees, along with the motivations of miners and users, will surely transform. Who knows what kind of innovative solutions and changes are in store? Until then, let's keep dreaming and HODLing those precious satoshis!

What are your thoughts about the future of bitcoin in times of the last halving ?


For sure we dont know what is going to happen in the future and we are not sure how the market is going to react, but if we are going to have a basis for sure the market price is going to skyrocket just because of the low market supply since we will not be able to have Bitcoin or mine Bitcoin anymore at a higher rate like in the past years, we could expect the market price to increase, since we can already see the Bitcoin adaptation is increasing in many countries and even in my countries cryptocurrency is already getting popular a lot.

To be honest, I dont really know what is going to happen if all of the Bitcoin is already mined, is it going to skyrocket the market price? or bring it down? Or is it going to evolve? Also, a lot of platforms area already adopting Bitcoin in a few years new technology could be integrated with cryptocurrency and even now we dont really know if cryptocurrency has some kind of proof that it is going to stay as an investment after a few years. But for now, we already see how the market reacted to the Bitcoin halving event we can already see it on the Bitcoin halving timeline.
718  Economy / Economics / Re: World economy is now being powered by cryptocurrencies. on: September 05, 2023, 09:28:17 AM
I mean cryptocurrencies have high transaction fees if the network has a lot of congestion I mean 1 small transaction could cost you up to 100$ each transaction you could already see the Ethereum network how high its fee is when the NFTs become popular. Bank transactions will cost less and it is more reliable and faster than cryptocurrency transactions for sure because banks are centralized platforms.

Cryptocurrency is prone to hacking we could already see a lot of people getting hacked and its not 100% hack proof even though there where still no one that could crack or hack for example Bitcoin we are still not sure if it is going to stay that way, I mean there was no such thing as safe in the internet everyone is prone to hacking.

There are a lot of positive and negative factors of cryptocurrency in a country but for sure it still needs a lot of adaptation and growth in order to use this kind of technology since it's probably something new to most of the country since there was still no basis on cryptocurrency. We don't know if cryptocurrency is still going to exist after 5 or 10 years, so it's still a risky option, for me I just treat cryptocurrency as a investment and i just investment the money that i can afford to lose.
719  Economy / Speculation / Re: What if there is no crypto bull run for next 10 years ? on: September 05, 2023, 03:41:21 AM
What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?

Personally, I am very much positive with bitcoin future but we should also be prepared for all situations. Nothing can be guarantee in present times and we must also be prepared for worst situations.

I mean the cryptocurrency market is just so volatile and we can't really predict the market so it is probably possible to not have a Bull run in the next 10 years It is possible but it doesn't mean that it is going to happen even though it is possible, A lot of factors are going to affect the market price of Bitcoin so something could happen like for example war maybe world war III is going to happen next year, so are we sure that the market is just going to circulate the same way or the traditional way? I mean on the world war market price of Bitcoin could just drop to 100$ or maybe could skyrocket to a million dollars.

Let's be real here a lot of people are investing in cryptocurrency because of the profit probably almost all of the investors here are just aiming for profit, I mean this is an investment and that is just the main goal of it to earn profit. There are some kinds of fandom and believers or we could say that but you are lying if you're going to say that you just want to buy Bitcoin and aim for a possible profit in the future.

Personally, I am not sure what I'm going to do if, in the next 10 years, there is no kind of Bullrun, not sure I'm going to be fine since I have multiple sources of income and I don't really rely on Bitcoin profit as my main source of income so I don't have a problem surviving.
720  Other / Beginners & Help / Re: A good way to help our children. on: September 05, 2023, 02:40:12 AM
Our children will not be as lucky as we are, we have to help them to know about bitcoins on time so they can have some for themselves. We are lucky because we are of age to know and understand what bitcoin is at this time when the value of bitcoins is still expected to increase not like our children who have no idea and it may be too late for them to make any gain from bitcoin when they finally know about bitcoins if you leave them. A good gift any parent can give to their children for their future is to enlighten their children about bitcoins so they have some knowledge about it at an early age and buy some for the children even before they can begin to get for themselves. What do you think?

I mean it is a good thing to teach your children Bitcoin because it is just a waste if you're not going to at least try to teach this kind of investment in their lifetime. Bitcoin is just the thing in my experience that just changed my mindset when it comes to finances and because of Bitcoin and cryptocurrency I learned a lot about savings and investments, and I actually want to learn more about how I am going to earn more and achieve financial freedom.

For sure not everyone is going to like cryptocurrency and Bitcoin so you can't really force your children to learn Bitcoin, but I guess it is just a matter of time and how you handle your children since if you going to ask someone where they give attitude something like they always wanted to investment and save money they would probably say that they get it from their parents right. So over time if you're going to make them save money for their future they are going to learn the importance of it and they get interested in Bitcoin as well, In my opinion, it is just a matter of how you're going to teach it to your children, right timing and right approach. Just don't force anyone to invest because its still a risk investment and you could lose money in cryptocurrency if you are not careful.
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