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8161  Economy / Speculation / Re: On Trump COVID Announcement: Bitcoin vs Gold vs The US Stock Market(US500) on: October 09, 2020, 06:10:19 AM
One reason might be that some larger whales who own stocks, own quite a bit bitcoin as well for speculative reasons. This amount is nothing compared to their stock portfolio but is a still huge amount of bitcoins. When prices crash in stock market, they need dollars to protect their long positions in securities and sell their bitcoin in order to do so.

Nope.

Most investors hold cash to have money ready to buy price crashes. It would make zero sense for them to hold bitcoin for this specific reason due to the simple fact that bitcoin has been mirroring the stock market for a while now, as proved by the chart on the main post.
8162  Bitcoin / Bitcoin Discussion / Re: Bitcoin Treasuries in Publicly Traded Companies on: October 09, 2020, 05:45:24 AM
This is also on my thoughts. For me, tech companies got more influence here or majority will make this kind of action.
Definitely. I mean, imagine if Elon Musk actually buys bitcoin? Regardless if it's through his personal buying or through Tesla's balance sheet. That'd be a good amount of price pumping no doubt.

Sucks cause I'll prob never make it to a full coin now but at least I started before the mega corps.
Just stack anyway. In the first place, no one knows when the next bull market will come. Sure it could be this year or next year, but it could also be 5 years from now.
8163  Other / Beginners & Help / Re: How do I change a user on a forum? Help! on: October 09, 2020, 04:57:19 AM
I want to change my name because a lot of people follow my old name and I don't like that.

Do you understand?

Them giving you a chance to change your username will completely mostly on your excuse. The "because a lot of people follow my old name" could probably be quite broad; because I assume some people could possibly be requesting a name change to get away from their shady activity. You don't need to publicize your excuse here in this thread though, just make sure to explain clearly when messaging the admins.
8164  Other / Beginners & Help / Re: Some tips for posting habit and to grow in bitcointalk forum on: October 09, 2020, 04:16:21 AM
This I must say is what I have been doing for some time now and like you said some pay /accept low ranking members like me while others don't so I would advice other bounty hunters out there to focus on contributing to the forum rather than coming here with the sole aim of making money.

*takes a quick peek at post history* 🤔

It looks like some people should actually follow the "advice" they're giving out.  Grin                        sorry.
8165  Other / Beginners & Help / Re: Trezor 1 two step initilization process and bootloader help on: October 09, 2020, 04:05:19 AM
You're probably better off asking the Trezor subreddit for some answers: https://www.reddit.com/r/trezor

Heads up, watch out for scammers that will masquerade as Trezor customer support. Definitely don't give out your wallet's 24-word backup phrase.

Alternatively, Trezor's customer support page: https://trezor.io/support
8166  Bitcoin / Bitcoin Discussion / Re: Bitcoin Treasuries in Publicly Traded Companies on: October 09, 2020, 03:37:44 AM
What do you think about this? For sure there will be a lot of companies are coming! We are just starting!

While Square wasn't the first, this move by them probably started the domino effect due to the fact that a lot of people are a fan of the Square business(check out investing communities, $SQ is frequently mentioned), and anything that Jack Dorsey touches in general.
8167  Bitcoin / Bitcoin Discussion / Re: Square Says It Bought $50 Million of Bitcoin on: October 09, 2020, 03:31:21 AM
Quite late, broski. Someone was ahead of you by like 12 hours. Tongue

Topic: BREAKING: Square & Twitter's Boss, Jack Dorsey buys $50M worth of Bitcoin. https://bitcointalk.org/index.php?topic=5280810.0
8168  Bitcoin / Bitcoin Discussion / Re: BREAKING: Square & Twitter's Boss, Jack Dorsey buys $50M worth of Bitcoin. on: October 08, 2020, 05:07:32 PM
The truth is, manipulation will be inevitable when the time come. Imagine when those big companies cut huge portion of Bitcoin and hold, this will enable them manipulate the market at self-will. Although, this will be a tough one because many companies will get involve and be made competitive.  

Welcome to free markets. Big players will always have a significant market advantage compared to the small players like us. Only thing we can do is to hope for more adoption to hopefully potentially decrease the market influence of these huge players. Once bitcoin's marketcap becomes big enough and the allocation becomes really spread out, they won't have that much influence anymore.
8169  Economy / Service Discussion / Re: Localbitcoin issue on outgoing on: October 08, 2020, 04:11:53 PM
I mean, their support response already told you exactly what you need to know. What else are you looking for? Just don't panic and be patient.
8170  Bitcoin / Bitcoin Discussion / Re: BREAKING: Square & Twitter's Boss, Jack Dorsey buys $50M worth of Bitcoin. on: October 08, 2020, 03:11:40 PM
Square's $50M allocation is not that huge of an allocation compared to MicroStrategy's $425M; also taking into consideration that Square's marketcap is at around 80 billion while MicroStrategy is only at 1.5 billion.

I really don't blame Jack Dorsey though, his shareholders would probably give him a lot of flack if he invested a huge sum of money in a risky unproductive asset. If anything, I see this only as a PR move by Dorsey as some bitcoiners on Twitter are pressuring him to have more skin in the game lol.
8171  Economy / Trading Discussion / Re: Rather learn to trade by yourself on: October 08, 2020, 12:55:28 PM
High volatile market doesn't mean high risk market. You can lose all your money in one day on Forex with is not volatile at all but traders go with up to x500 leverage. You can also trade for years here on crypto. The key is money management. To know when to stop. To know how to calculate risk and compensate it with lower position size.

True. The "riskiness" of a certain asset completely depends on the person trading it. I can find forex riskier than crypto, while you may find crypto riskier than forex, and vice versa.

With that said, I completely get why OP has that opinion though. Big price movements tend to mostly mean potentially higher losses for the typical trading newbie. Hence why I really don't recommend depositing money immediately for the beginners, as fortunately virtual portfolio(play money) trading exists.
8172  Local / Others (Pilipinas) / Re: Bitcoin podcast Tagalog? on: October 08, 2020, 11:24:42 AM
sino sa tingin nyo pedeng imbetahin para sa questions kung sakaling magpopodcast kayo?

Easy choices:

Luis Buenaventura and Ramon Tayag of BloomX
Miguel Cuneta of Satoshi Citadel Industries(SCI)

Mga beterano na sa bitcoin/crypto space.
8173  Bitcoin / Bitcoin Discussion / Re: Tyler Winklevoss Mentions Bitcoin Legend Hal Finney on Twitter on: October 08, 2020, 05:21:11 AM
Just a heads up for the privacy freaks out there: we probably don't need to input our real information to their website. Entering false information(like I did) will probably have the same effect; assuming signing such petition actually helps in the first place.
8174  Bitcoin / Bitcoin Discussion / Re: Are people giving up on Bitcoin too quickly? on: October 08, 2020, 03:18:29 AM
Bitcoin and cryptos are about patience... People say that we have to hold 5 years to see our money having a turbo bump, but not anyone has the patience to hold that long. Some of them think that they will become rich in a couple of months just by buying bitcoin and that's possible but they need a lot of luck with it. That's why we need to promote the Holding culture!

Bitcoin and cryptosInvesting in it's entirety is about patience(and don't forget research, of course). Some people dive into buying these assets so fast without exerting the slightest effort for doing due diligence that they don't even know what investing itself even means. It's actually really funny and really sad at the same time.
8175  Economy / Speculation / Re: On Trump COVID Announcement: Bitcoin vs Gold vs The US Stock Market(US500) on: October 08, 2020, 02:46:22 AM
^ I doubt that connection between us market and bitcoin is that simple. I understand that there are times when us stock market goes down and so does bitcoin as well and so that is why many people think it is normal for bitcoin to go down when stocks are down but that is not the connection at all.

"There are times". Except that their price movements are pretty much mirrored, and this has been the case for months already; except that bitcoin's movements are just slightly exaggerated at times. Bitcoin and the stock market's correlation isn't even a subjective thing, it's a mere fact.
8176  Local / Others (Pilipinas) / Re: Bitcoin podcast Tagalog? on: October 08, 2020, 02:35:36 AM
I think OP is specifically asking for podcasts that are recorded in Filipino/Tagalog and sa pag-tingin ko ng dalawang video galing sa BloomX channel is their discussion is purely in English may isa pa silang host na foreigner.

Mostly a mix of filipino/tagalog sila, since mga taong nasa livestream e mga nagttrabaho sa mga kompanya kaya nasanayan talagang mag english. And yea tinignan ko nga, mostly english nga dahil dun sa foreigner. Been to one of their web casts though, mostly taglish ung pag uusap though mukhang hindi pala na upload dito sa channel na to unfortunately.
8177  Local / Others (Pilipinas) / Re: Bitcoin podcast Tagalog? on: October 07, 2020, 04:31:02 PM
Not necessarily podcast, pero may mga online meetups(through videochat) ang mga ilang pinoy. Hosted sa YouTube channel ng BloomX ung mga re-plays.

If you're interested: https://www.youtube.com/channel/UCcOjiC-gHvc7z3vWYyxrbRg/videos
8178  Other / Beginners & Help / Re: Newbies and how to rank up easily on: October 07, 2020, 10:31:07 AM
Wow, thanks! This was definitely the first time I've heard of such advice/s
8179  Bitcoin / Bitcoin Discussion / Re: People Say btc is Not ponzi but its look like ponzi on: October 07, 2020, 10:02:49 AM
There is More proof and evidence that it is ponzi.

I challenge you to actually name the "proof and evidence" that bitcoin is a ponzi scheme. Because most people that call bitcoin a ponzi aren't even people who know the slightest concerning investing and finance, and are just totally ignorant.

I'll wait for your response.
8180  Bitcoin / Bitcoin Discussion / Re: Bitcoin logo on: October 07, 2020, 09:36:31 AM
The current BTC logo is already widespread and famous enough that most people will already know that it's Bitcoin's logo when they see that orange circle with the BTC. Changing it right now would most definitely just do damage on Bitcoin's logo. It's not like the orange circle logo is outdated or anything, it's actually timeless as it's pretty simple and straight-to-the-point.
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