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781  Bitcoin / Bitcoin Discussion / Re: Potential Impact of Binance Collapse on Bitcoin ($BTC) Price on: August 23, 2023, 08:19:01 PM
The potential collapse of Binance poses a significant risk to the entire cryptocurrency market. The repercussions could extend to Bitcoin and other cryptocurrencies, leading to instability. Binance plays a crucial role in maintaining market stability, and its downfall could unsettle the entire crypto landscape. The resulting loss of funds for numerous users would likely be the primary cause of market harm. Let's hope that such a scenario can be averted, and Binance can adeptly navigate any challenges it faces.
782  Bitcoin / Bitcoin Discussion / Re: Don't wait for the bottom without buying in the Dip. on: August 23, 2023, 08:13:35 PM
The forum has addressed this topic repeatedly, but accurately pinpointing the bottom of Bitcoin has eluded us. Based on my experience, predicting the precise bottom of the Bitcoin chart is beyond anyone's capability. Therefore, I advocate capitalizing on its volatility. Seize the opportunity when you come across a dip and embrace the associated risk, as profiting from crypto is unattainable without taking calculated risks. Bitcoin occasionally undergoes significant dips, which can serve as opportunities, rather than waiting indefinitely for further declines or the absolute bottom.
783  Bitcoin / Bitcoin Discussion / Re: How do you go about realizing gains? If you opt not to, what is your reason? on: August 23, 2023, 08:07:40 PM
I employ a two-step approach to safeguard my holdings. When I anticipate a significant market decline, I convert my assets into stablecoins and repurchase them during the dip. In instances where I'm unable to execute a successful sale before the substantial drop, I choose to hold patiently rather than selling at a loss. Preserving my portfolio is crucial, even though recovery might take time. Selling after a major downturn would diminish the overall value of my holdings.
784  Bitcoin / Bitcoin Discussion / Re: HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION on: August 23, 2023, 08:02:31 PM
Initially, I recorded all my crypto wallet information in a physical notebook. My intention is to educate my future generations about cryptocurrencies like Bitcoin, ensuring that when they possess sufficient knowledge, they can access and recover the assets I've set aside for them. It seems like the most effective method to pass on my crypto assets to the next generation.
785  Other / Beginners & Help / Re: YOU ARE LUCKY TO BE IN THIS FORUM on: August 22, 2023, 10:11:23 PM
I truly value the forum as it has played a crucial role in transforming my life. This platform has been instrumental in enhancing my understanding of cryptocurrency; I've learned a great deal and continue to do so. Beyond learning, the forum has enabled me to generate income from diverse sources, extending beyond signature campaigns to include avenues like digital marketing. I remain committed to contributing and engaging actively, as the forum has become an integral part of my life.
786  Other / Beginners & Help / Re: Be careful with your identity documents and KYC on: August 22, 2023, 10:06:12 PM
I'm curious about how one could create a Binance account using fraudulent documents when they have a live face verification process. Other platforms might only ask for bank statements and government-issued ID cards. If that's the case, those platforms should consider modifying their verification methods. However, we must remain cautious and avoid falling for the idea of easy money through Airdrops. Sharing documents for a small amount of money can be risky and potentially lead to scams.
787  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin Helped Create Big Changes In Your Life? on: August 22, 2023, 09:55:38 PM
Certainly, Bitcoin has been incredibly beneficial for me. In addition to my offline employment, I've been engaged in digital marketing, which allowed me to accumulate a substantial amount of Bitcoin. This newfound income significantly transformed my life and helped me establish a more stable financial footing. Bitcoin's global nature also simplified the process of accepting payments from around the world, making the exchange of funds for my services hassle-free.
788  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Instead of Gold? on: August 22, 2023, 09:49:34 PM
I often wonder why people frequently draw comparisons between Bitcoin and Gold. While Gold is a tangible asset and Bitcoin is a cryptocurrency, they seem quite incomparable. Nonetheless, as a crypto enthusiast, I personally favor Bitcoin over gold. The potential for profit that Bitcoin offers grants me a sense of financial freedom. Holding Bitcoin allows me to have control over my assets without worrying about traceability, unlike physical assets that authorities can monitor and tax.
789  Bitcoin / Bitcoin Discussion / Re: Bitcoin does not provide full anonymity on: August 20, 2023, 07:59:01 PM
Have you come across any statements from Satoshi indicating that Bitcoin transactions will be anonymous? I haven't found any such statements. If there are no statements by Satoshi regarding Bitcoin's anonymity, then creating posts like these seems pointless. Bitcoin is meant to be decentralized, allowing you to be your own bank through a non-custodial Bitcoin wallet. Therefore, you should prioritize protecting your own anonymity if you prefer not to reveal your involvement with Bitcoin.
790  Bitcoin / Bitcoin Discussion / Re: SpaceX sold $373M worth Bitcoin, reason of current dump on: August 20, 2023, 07:42:15 PM
it's just business. nobody cares about anything else Smiley
Indeed, I understand that it's a business matter. However, Elon Musk's influence on Bitcoin appears to be rather detrimental. People should have the freedom to sell their holdings, and attempting to prevent that might not be advisable. Nonetheless, his decisions have at times posed a threat to Bitcoin. For example, his acceptance of Bitcoin for Tesla followed by the subsequent announcement to discontinue Bitcoin payments due to energy consumption concerns has proven to be damaging. On the whole, his attitude towards Bitcoin remains largely negative.
791  Bitcoin / Bitcoin Discussion / Re: First Spot Bitcoin ETF in Europe Listed on Euronext Amsterdam on: August 20, 2023, 07:35:31 PM
Hey OP, do you have an alternative source besides Coinmarketcap? I'm a bit skeptical about the credibility of this news. Surprisingly, Bitcoin remains unaffected despite the recent SpaceX FUD causing a substantial drop. I'm genuinely curious about the potential benefits of a Bitcoin ETF, especially in terms of allowing people to own actual Bitcoin rather than just contracts. Could it be a means to manage Bitcoin's price? Strangely, I haven't observed any major influence on Bitcoin from ETFs. The price spikes seem to be driven by FOMO more than anything else.
792  Bitcoin / Bitcoin Discussion / Re: Bitcoin Adoption in Türkiye Grows Stronger on: August 20, 2023, 07:28:01 PM
First, the official name is Türkiye, not Turkey. Second, shopping malls can't accept Bitcoin because it's forbidden by law since 2021.
The video looks like from Cyprus, not Türkiye. They are a different country so they have different law about crypto.
It's disappointing that Turkey isn't behind this adaptation. I was pleased to see updates suggesting Turkey's positive stance on Bitcoin. Allowing Bitcoin transactions in shopping malls would've been a smart move, but it's unfortunate to learn that Turkey doesn't permit it. I'm uncertain about their crypto regulations, but based on what I know, it's puzzling why governments, including mine, are against Bitcoin despite its potential economic benefits. Their concerns about money laundering are raised, even though it's challenging to prevent in both digital and traditional currencies.
793  Bitcoin / Bitcoin Discussion / Re: Can everyone in the world have bitcoin. on: August 20, 2023, 07:16:23 PM
While not everyone worldwide can possess a whole Bitcoin, they can acquire smaller units known as Satoshis. Naturally, if everyone begins purchasing Bitcoin, its price will surge. Acquiring Bitcoin is only hindered by financial capacity. Nevertheless, there are individuals who oppose Bitcoin and won't invest in it. Additionally, managing Bitcoin requires literacy, and many people globally are still illiterate. Hence, even though it's theoretically possible for the entire global population to obtain it, I doubt it would materialize.
794  Other / Beginners & Help / Re: Trading signal channels can be quite clever, so exercise caution ! on: August 19, 2023, 10:48:37 PM
I've personally never been a fan of such groups though I've joined a couple just to observe how they operate. Most of their signals don't actually work out, and they just ignore them like they were never given and they just keep posting the signals that worked, they also keep forwarding successful signals from their Premium groups only to show the members that they are making people make a lot of money through their signals which is just a deception.
I'm not a fan of trading signal groups either. However, I joined mainly for swift news updates rather than trading signals. These groups manage to provide the latest news promptly, making it convenient for us to access without any trouble. Nonetheless, I've shared my concerns about how these groups can deceive unsuspecting individuals. Newcomers might place their trust in them and purchase premium packages, which often turn out to be ineffective and result in loss of funds.
795  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is centralized, will it still have value ? on: August 19, 2023, 10:42:26 PM
I'm curious about your focus on Bitcoin centralization. Satoshi dedicated significant effort to establish a decentralized financial system, and it's interesting that you're considering centralization in your involvement with Bitcoin. While there have been centralized currencies that didn't gain popularity, Bitcoin's success and value stem from its decentralization.




796  Bitcoin / Bitcoin Discussion / Re: My dream is coming close. on: August 19, 2023, 10:05:58 PM
You're right that waiting for the absolute bottom in a volatile market like Bitcoin can be challenging. Timing the market perfectly is difficult, and it's important to strike a balance between seizing opportunities and managing risks. It's wise to have a strategy that aligns with your long-term goals rather than solely focusing on timing the market.
797  Bitcoin / Bitcoin Discussion / Re: SpaceX sold $373M worth Bitcoin, reason of current dump on: August 19, 2023, 09:01:29 PM
Have you see how dumping Bitcoin? If not you are missing red chart. Here is the reason why current dump happened.
It is obviously not the reason for the current dump. Dumps do not happen with these small amounts you think of. Selling 373 million doesn't mean anything, the market trades that much daily, we have people buying and selling that much anyway every single day. So believe me, this isn't the main reason. Sure it could play a part in it, there is nothing wrong with saying that this was one part of it, but saying it was the only reason doesn't make sense at all.
I understand that the amount in question might not be substantial in the context of Bitcoin. However, I'm curious about the specific reason behind the sudden decline. There haven't been any other negative developments during this decline period. Even though the amount isn't significant enough for SpaceX to sell off their Bitcoin holdings, the news alone has had an impact on the Bitcoin chart. This phenomenon is driven by what's commonly known as FUD (Fear, Uncertainty, Doubt). When news like this emerges, it triggers a FUD response, causing individuals to become concerned about their holdings and prompting them to sell in order to liquidate their assets. This is the primary reason behind the decline.
798  Bitcoin / Bitcoin Discussion / Re: How to use Bitcoin or crypto? on: August 19, 2023, 08:55:46 PM
Regrettably, I'm quite puzzled by the message you're trying to convey. Despite using a translator for my native language, I'm still unable to grasp its meaning. Let's imagine that you're interested in receiving cryptocurrency as payment, not just limited to Bitcoin. You have a preference for other coins over Bitcoin due to transaction delays and fees. Particularly, you favor Litecoin. However, the party making the payment must also have an inclination towards Litecoin; otherwise, you won't be able to receive your preferred form of payment. The decision of whether to sell or hold onto the received crypto is entirely up to you.
799  Alternate cryptocurrencies / Altcoin Discussion / Re: Top altcoin that you won't buy anymore on: August 18, 2023, 10:09:09 PM
I'm open to purchasing top coins under various conditions. For instance, if ETH were to decrease to $100, there'd be no clear reason not to consider buying. This illustrates one possible scenario. Additionally, I'm keen on acquiring top coins when they're undervalued. While this approach carries risk, it's essential to take risks to generate profit. Thorough market analysis is crucial for successful investment.
800  Alternate cryptocurrencies / Altcoin Discussion / SEC Set to Greenlight Ether-Futures ETFs in Win for Crypto Industry on: August 18, 2023, 10:04:51 PM
Headline: "SEC Set to Greenlight Ether-Futures ETFs in Win for Crypto Industry"

Bloomberg, a prominent crypto news platform, has reported that the SEC is on the verge of granting approval for Ether-Futures ETFs, marking a significant victory for the cryptocurrency industry. While the accuracy of this information remains uncertain, the news arrives amid a challenging market decline, offering a glimmer of positivity. This development might potentially curb the downward trend of Ethereum's value. While the impact of ETF-related news may be limited, such announcements have been known to aid in mitigating severe declines during bear markets.
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