So he pumped Doge 500% in last week to dump at 200 sat for BTC? Now he will start pumping Bitcoin to dump on poor people.  Wonder what will be next. Maybe starting own coin. Obviously I wouldn't have any proof, but I think it's highly highly unlikely for someone as rich as Elon Musk to be intentionally pumping DOGE for his personal gain. The money he would game would be almost nothing compared to the money he makes and his total net worth. The risk:reward ratio is simply not worth it and I'm pretty sure he knows that. |
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Note: Old altcoins/ tokens give you better safety, risks of loss is smaller than DeFi tokens. At least for this period.
Just to add here: while risks of loss is surely smaller, the chances of them going higher are also low. So act accordingly. I remember those older "DeFi" coins of 2017 lol. When they were being shilled everywhere on Reddit it was like these projects were some hot stuff that's guaranteed of being successful and being a good investment. Well.. they sure have such "lovely" charts..     |
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I've got to agree with this (sadly). Any other kind of behavior would already make institutions / individual shoppers try really hard to implement ways of benefiting it. While we've seen some positive news in the last couple of months it's still shy when compared to the prise rise that @mk4 mentioned.
Still one can hope that once a major institution implements it as a payment service others could follow, who knows?
It's really not their fault though. There's a reason why — because there's simply not that much demand. And as long as Lightning Network doesn't get adopted by the masses, then we can forget bitcoin payments for now. Exchanges needs to go first, and not retail eCommerce sites because it's where most bitcoin move in-and-out. |
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1. It's the same with stocks. Just like with crypto, you just need to pick the correct ones. It's just a lot harder with crypto because even if a certain team is public, there's still a good chance of exit scams and a far higher risk of failure.
2. Besides bitcoin, "diversifying" to crypto is really really bad.
4. ?
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I think it's because only the security chip is closed source (according to what people say) so it's worth the risk to them.
It's mostly this. While the hardware being closed source could still be a thing to worry about, this problem is easily circumvented by using the Ledger hardware device for a multi-sig wallet instead. Along with that, it's probably safe to assume that Ledger Labs can't do shady stuff if you aren't using Ledger Live in the first place, which I highly recommend because using a hardware wallet with Electrum/Wasabi is far better in terms of privacy(unleaked xpub, coin control) in the first place. |
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because I am still a new user, so I still need to learn from my senior brother who is already an expert in this field, if you don't mind please guide me, bro
Just a heads up: You don't need a higher rank to be able to learn here! Heck, you don't necessarily even need an account(unless you want to ask stuff concerning Bitcoin)! Bitcointalk threads are totally public and can be accessed by anyone anywhere without an account.  |
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WallStreetBets was obviously only added as a joke; and no, they don't have their own cryptocurrency. Take a look at the page's "About" section.
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Ehh not necessarily bad per se, but if you were a Bitcoiner from 2012 and you're going to look at the payments adoption in contrast to the price rise from 2012, it sure is underwhelming. For a price rise of 10,000%+ you'd probably expect businesses like Amazon to be accepting bitcoin already lol. |
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Do you know how long it takes someone to sign up on an exchange, go through their KYC process to verify their account, make money transfer from their bank account to that bitcoin exchange, wait a long time until it reaches the exchange and is credited in their account and then eventually after jumping through all the hoops they can buy bitcoin?
Though I don't have the data to back this up, Robinhood(which has had cryptocurrencies for a while now) has a crap ton of users and trading volume and I definitely don't think we should be underestimating the potential buyers from that platform alone. Also take note that we're talking about Elon Musk here, which is pretty much WallStreetBets'(the group that's responsible for DOGE's recent pump) lord and saviour. |
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If you're a bitcoin as a store-of-value guy: you're in luck, because institutions are piling in to hold bitcoin and take advantage of bitcoin's scarcity.
If you're a bitcoin for payments guy: tough luck, not that much adoption for payments yet besides your typical servers/VPNS/proxies/etc.
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Hindi ba Ito na ang Hinihintay nating adoption ? ang problema kasi sa karamihan satin ang gusto lang kasi yong nakasanayan in which Kabig lang ng kabig . Gusto Kumita ng kumita pero hindi matanggap na may obligasyon tayong bayaran sa bawat pagkakakitaan natin.
Wala din tong pinagkaiba sa mga empleyado na gusto sumuweldo pero ayaw magbayad ng tax , or sa mga negosyante na nandadaya ng taxes.
Kung tutuusin napaka luwang pa nga ng bansa natin kumpara sa iba dahil hinahayaan tayong kumita noon ng halos walang Binabayaran , Ngayon panahon na para pakinabangan naman ng gobyerno ang kanilang pagluluwang noon, at ito na ang simula ng adoption , once na napatunayan ng gobyerno na may pakinabang din sila sa crypto at katiwa tiwala to , pasasaan bat i lelegal na ng permanente at magagamit na natin sa paraang gusto natin , at yan ay ang maipangbayad na sa mga transactions natin na hindi na gumagamit ng Papel na pera.
Ang capital gains taxes ay expected naman talaga. Pero if you dig deeper while looking at ung mga nangyayari sa ibang exchanges sa ibang bansa, tip of the iceberg lang ung taxes. Malayong mas malaking problema ung potential privacy issues. |
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If it breaks 30k support then what makes you say that we wont wont enter another long-term bear market till the next halving in 2024 where we can retest ATH 42k resistance near the end of 2024 and double from there to nearly 100k in early 2025?
If that is the case bitcoin will be in a strange paradox where history repeats itself over and over like a repeating pump and dump that doesn't look good for btc.
On the other hand, what makes you say that the opposite can't happen whereas we just should through the roof like we didn't drop from 41k to 30k? I never said that what you're saying can't happen, because it's definitely possible. But my obvious point was, we don't have a single freakin clue what's going to happen. |
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You're totally assuming that the exact same thing will happen this year. While history sure does repeat itself sometimes, it could definitely not be the case in this bull market. I mean, bitcoin wouldn't be like: "oh damn I broke below the 30k support. welp, I guess I have no choice but to go full bear market now with zero chance for a rebound! See you in the next halving!"
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I would add that they don't need to go opening threads about how cool the merit system is, full of spelling mistakes, to see if they catch any merit because they may end up on some people's ignore list. Just being willing to learn, and willing to share your knowledge by helping others, is enough.
Hah. This is just too common. Some of them even are like "I'm just new to this forum" but then for some reason they already know everything about merits to bounties to the heavy bans concerning plagiarism and such. Totally not an alt account at all. 🤔 |
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Ang tinatatakutan ko is what if nag transfer na ako, and then they hold it asking me questions, at pag d natanggap, they would be stuck (and might steal it away from me) and possibly not returning it sa pinagmulan na wallet.
Legit ito ung isa sa mga malaking problema ng mga exchanges ng ibang bansa, sobrang higpit nila. Lalo na ung nangyayari sa Bitstamp users ng Netherlands ngayon? Pati ba naman ung receiving address pag magwiwithdraw ka kailangan na ng proof na sayo talaga ung wallet address. https://bitcointalk.org/index.php?topic=5310637 |
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You don't even need to hold a different altcoin. Though I really don't recommend it because I personally don't like having a custodial service holding my coins for me, you can earn interest using bitcoin(BTC) on platforms such as BlockFi and Celsius Network. Proceed with caution and do your research first.
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Yes it can happen, and it has already happened in the past(2017) with a dead project called ChainCoin(CHC)[1]. It started with this YouTuber called "High on Coins" trying to pump it to his watchers, and people definitely flooded in. What happened? As expected, the price pumped. But the price immediately crashed down once there already wasn't enough money coming in.
[1] https://coinmarketcap.com/currencies/chaincoin/ |
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I think what should help all new members is to study the environment first before looking for uplift, understanding the rules and regulations of these honourable forum perfectly and it will enable us beginner's to create a positive solution's in future through the community.
Funnily enough, people don't necessarily even need to know how the forum works. If a person truly knows and understands Bitcoin enough and if that person just replies constructively, he/she would easily earn merits. The problem is mostly not because people don't understand Bitcointalk, but they're immediately trying to earn merits and getting into bounties even when their knowledge is greatly lacking. |
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No one knows how the price will move especially in the short term, so.. If: - you're not willing to hold for the long term
- you think bitcoin isn't going to be more expensive in the future
- you're going to need to sell soon for whatever reason(business/bills/hospital expense/etc)
- you think there's a better investment out there
..then sell your bitcoin. If: - you think bitcoin will be worth a lot more in the future
- you're willing to hold onto your bitcoin for YEARS
- you don't need the money any time soon
- you think bitcoin is a good investment
..then don't sell your bitcoin. |
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