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Don't be too surprised.
In 2017 when bitcoin was going up, a lot of people were overly bullish over it regardless if they know what bitcoin is for in the first place or not. And when bitcoin was in a downtrend, a lot of them called it a scam, or a failed project. Why? The human emotion is a wonderful wonderful thing. It's pretty much similar to the stock market too! When a company's stock is growing in price, it's easy for people to assume that it's going to be successful. But when it's falling? "Meh, that company sucks anyway".
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This has not always been the case, because when bitcoin went from $0.01 to $20,000 there were phases in which it was not correlated with the stock market. And it doesn't have to be that way in the future either. We hope it won't be.
Ehh, it was expected. With bitcoin's earlier years(probably 2016 and earlier), it would make a lot less sense if it would somewhat mirror the S&P500 that early on in it's sort of "fetus" stage. It makes a bit more sense now since bitcoin has pretty much gained most of its popularity already, and slightly-decent market liquidity exists already. |
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And they even went as far as pre-judging that the people do not understand cryptocurrency assets enough.
To be fair, they might actually be right if that was their assumption.  With that said, even if we assume that they're actually trying to "protect" people, they're totally over killing it. I also have the belief that learning the hard way(by losing money on the markets, regardless of size) is also one of the best ways of learning in general. It's like prohibiting your son from going outside to protect him from bullies and kidnappers and such, but that will cause him to be a complete idiot with near-zero social skills in the long-term. |
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I really would appreciate if these articles are being written by real people who appreciate cryptocurrencies. Every single person on our forum the least knew who the person really was.
Surprise surprise, only a minority is actually genuinely interested in cryptocurrencies. Most "news" media sites just frequently write about crypto just because they get a good amount of publicity, especially the negative ones hence why most crypto news are negative. |
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It's really weird. Things like this aren't going to be allowed, and things like people needing to be an accredited investor to be able to legally invest in unregistered securities, but gambling is available for everyone with only having an age requirement. I know both things aren't 100% the same, but it just doesn't add up.
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I am pretty sure the reason why we weren't really affected all that much was the fact that nothing that should be affecting bitcoin ever happened. I understand that trump is sick but why do people think that it should be affecting bitcoin as well? Not like Satoshi is sick? It is not like Vitalik is sick? It is trump and trump has nothing to do with bitcoin at all.
So, why do people think bitcoin should have gone down? I understand that american market may have gotten affected but that is because it is their own president that got sick so it makes sense that American market gets affected by American president, but bitcoin is not American, it is not European neither, it doesn't belong to any place, it belongs to everyone in the entire world so we all need to be affected.
What are you even saying? No one is here is arguing that "bitcoin should have gone down". It's just the fact that bitcoin actually did went down with the stock market; even if we like it or not, and even if it makes sense or not. The simple fact is that, it simply did. |
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I'm definitely not totally against tax evasion(because most governments suck), but I'd probably at least be ever-so-slightly compassionate about his arrest if he didn't pump and dump coins left and right. Dude made A LOT of money taking advantage of his notoriety while dumping on a lot of newbies.
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You do realize that you are blaming the asset even if you're having a really really bad experience because of the broker, right? Custodial exchanges are always going to be totally crappy in terms of fees, because surprise surprise, that's how they make their money! Try using peer-to-peer exchanges instead like HodlHodl[1] and I could guarantee you're going to pay a lot lesser premiums(though of course, watch out for scammers).
[1] https://hodlhodl.com/ |
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If it's a mere copy-paste of everything, then no. I'd only probably give out a merit point if the posted at least gave out a good amount of his/her thoughts about the article or topic that's copy-pasted. Here's a good example(humble brag alert, it was a topic by me  ): PSA: Most Stablecoins Can Be Frozen, Even in Your Own WalletsIt was a topic about an article by Eric Wall concerning the risks of stablecoins. As you can see on my topic, I only copy-pasted a small portion of the article by Eric Wall, and the rest, it was pretty much all my thoughts on the topic. I think this is the right way of doing things rather than just copy-pasting everything(regardless if it the source was listed). |
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Bitcoin ATM's have been pretty "meh" in my opinion. The rate of adoption I'd personally like to see is the masses finally realizing the importance of a self-custodial and permission-less asset such as bitcoin. Idunno why but I have been fantasizing of a day where the masses are rushing into bitcoin(despite how unrealistic it is); not necessarily because of FOMO, but because of them actually knowing how important it is.
But with that said, new bitcoin ATMs? I'll take it! Slow and steady adoption is fine too.
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It seems to be like a sort of hobby project of someone. The only reason I wouldn't call this a site for phishing, is that there's no login options like you said, and with taking a look at some pages, I currently don't see anything sketchy about it. The signature space is removed too.
With that said, of course, the site owner could add a fake login option mainly for phishing anytime in the future.
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While NFT tokens are gems or rewards for mining or claming free tokens from some ERC 20 tokens.
Based on my understanding on what I've seen on Twitter, non-fungible tokens(NFTs) are(based on it's name alone), are sort of digitized whatever stuff like art and such. This has been quite hot on crypto Twitter apparently because of the "scarcity" of digitized art. In my opinion though, "digitized art" is a bunch of barnacles and makes no sense whatsoever. It's just a freakin image on a blockchain that I can freely copy-paste and download to my computer, so why pay for it? Take a look at this:  source linkIt's being sold for freakin 0.25 ETH. Cool art, sure, but um.. I can simply copy the image and I'll get a 1:1 version of it..  And don't tell me that " downloading NFTs is the same with taking a photo of the original famous Mona Lisa painting" because no, no it's not. Famous "influencers" like Anthony Pompliano are for NFTs but I just don't get it. |
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We already have a similar topic for this that was just posted last week. The only difference was a mere $13. Topic: For the record, the last time we had a presidential debate, the price of bitcoin https://bitcointalk.org/index.php?topic=5279181 |
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Lazy people rank up slowly - if at all.
..or they actually don't. (at least for a lot of them. Also taking note that every single one of OP's posts except this one is on bounty threads.) |
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Welp. Didn't know this thread already existed. But anyway, I suggest you guys check this out if you didn't know who Godfrey Bloom was before his bitcoin tweets: |
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What are some of the things you see too much of from many Content Creators?
Mindless altcoin shilling like there's no tomorrow. What are some thing you feel many are lacking when it comes to content of information about crypto?
Actually good information lol. What types of things maybe Content Creators should focus on?
In a growth perspective, mostly being entertaining because that's what gets the attention of a lot of people. What interests you most to watch a specific content creators?
A good mix between being entertaining and being informative. Who Feels that they are not getting what they want from the video community?
Me. That's why I don't subscribe to the so-called "crypto youtubers". |
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I think OP has a point, competitors breed new policy for existing services. I agree that there will be problems and it is not easy as you say but no harm in the idea that tech giants release their payment services. Unfortunately, companies have different priorities and no harm with that.
"No harm", except millions and millions of dollars in development, planning, advertising/promotions, and potentially another good amount of wasted millions whereas they could've been allocated in other things if the platform ended up failing. They are simply more incentivized to create new products with less competition than going all in and competing with the already existing and almost "full-grown" platforms. |
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This. Loss was big for stocks but just a regular day for Bitcoin.
Yes I agree with OPs concern that Bitcoin followed stocks and not Gold. But if we look from dothebeats perspective Bitcoin price stayed pretty unaffected. It was just a normal day. Gold went up, stocks down. Bitcoin stayed same.
It's not that bitcoin was necessarily unaffected, it's just that we bitcoiners are far more accustomed to such price volatility. But it doesn't take out the fact that the price moved in a certain manner. In the first place, this topic isn't about the price drop(because who cares). It's mainly about the price correlation vs gold and the S&P500. |
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