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The bull market has been going on for months and we've only seen the market stops growing for a few weeks. It is difficult to conclude what phase the market is in. As long as Bitcoin remains in the $30k to $40k range, there is still a question mark for traders and holders. I hope the end of the bull market doesn't come so soon.
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Taxing currency is an absurd thing because I've only heard about taxing goods before.
If the tax on $1, what would be the value of $1? This is illogical so it shouldn't happen. We have a burn-in every transaction for every altcoin. Bitcoin doesn't have that mechanism, just the transaction cost and usually, it's very small. So I think that taxing cryptocurrencies can happen when they profit from trading. Taxing Bitcoin is the act of treating Bitcoin as a commodity, not a currency.
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Investing in SHIB is not a wise choice right now as it is just an overhyped meme coin. There are a lot of people who have made money from this cryptocurrency and they have gotten out. This cryptocurrency has a large-cap but a near-zero use case. So consider lower-cap cryptocurrencies.
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This coin meme is only suitable for people who hate Elon Musk and Tesla. Those are the people who lost money because Tesla stopped accepting Bitcoin payments for their electric cars. The operating mechanism of this coin meme is not much different from recent cryptos. I don't invest in this project because I know there aren't many people who hate Elon Musk. Another thing is that it will be difficult for major exchanges to accept crypto with such a name  I love their movement. But i think i am not gonna buy and risk my capital for this memes token. Sure, its name is really contradictory and annoys investors. If it's an animal or something abstract other than a human, maybe it will succeed. In the past, there were also a few meme coins like SPACE KIM, SPACE TRUMP and so far no one knows they ever existed. |
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I don't worry about religions because they are all subject to government regulation. Irrational notions will soon be corrected because only the government has the power to enact laws.
Dumbass, most country have a separation of church and state so most religions aren't subjected to government laws, where do you think they get their large amount of money? They got it from the donations and their tax exemption. I don't think that churches are ready for that kind of thing for their monetary affairs, they want something that they can hold in their hand. I agree with your point, the church needs certainty. They need cash to cover jobs and to act as reserve assets rather than volatile assets. But the regulations will be set by the bishop, who has the highest authority in the church. So in the future, they can change their perception of cryptocurrencies. |
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The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world（ If every country agrees)
I thought it was absolutely amazing. I could send money anywhere in the world instantly and nearly for free. I saw lots of places accepting it, developers building all sorts of amazing things, the community helping each other and freely sending BTC to each other for jokes and assistance... I felt like I'd discovered an internet paradise. Sure, Bitcoin and the community today is unrecognizable by that description, but rest assured that at one point, this technology was awesome and this community was the best place on the internet. Now we're skating by on nostalgia and signature payments, but man was this place something special 8-10 years ago. Since when did you buy Bitcoin? 2017 or earlier? Bitcoin transaction speed higher than the local bank transfer rate is a subjective judgment on your part. I bought Bitcoin in 2017 and it wasn't really fast because it had to wait for 6 confirmations. We trade Bitcoin freely and we take care of all the money we send. Although we don't need to ask anyone's permission, we must put our absolute trust in Bitcoin's blockchain technology. My feeling when I first used it was that Bitcoin was so new, it was modern and vague because I was used to using a bank account before. |
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This coin meme is only suitable for people who hate Elon Musk and Tesla. Those are the people who lost money because Tesla stopped accepting Bitcoin payments for their electric cars. The operating mechanism of this coin meme is not much different from recent cryptos. I don't invest in this project because I know there aren't many people who hate Elon Musk. Another thing is that it will be difficult for major exchanges to accept crypto with such a name |
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Electric cars will only be a means of transport with lower emissions than cars running on fossil fuels.
We cannot compare Bitcoin and electric cars because it belongs to two different application areas.
If comparing Bitcoin with altcoins with other mining mechanisms like POS or hard drive mining like CHIA, CONFLUX, BURST, it will be fairer.
I think Elon Musk is right about Bitcoin. But unfortunately, he is not a legislator so we need to listen to the government instead of Elon Musk.
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Both gold and Bitcoin can be a medium of exchange and an asset. We can consider anything as a medium of exchange if there is an agreement between the two parties to the exchange.
Bitcoin is more mobile than gold, the liquidity of bitcoin is worldwide so it is easier to become a medium of exchange.
Both gold and Bitcoin are good stores of value in terms of scarcity and limited quantity.
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I don't worry about religions because they are all subject to government regulation. Irrational notions will soon be corrected because only the government has the power to enact laws.
In fact, banknotes are different in each country, and when you bring money from one country to another, you will have to exchange it for another currency, so banknotes are more local.
Bitcoin is different from paper money, it exists on the internet and has worldwide liquidity. As long as there is a suitable environment, it will be accepted. Currently, Bitcoin is being accepted by many countries.
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I think western countries are trying to fabricate theories against China as a form of blame.
I have another theory that the world's elites invented the coronavirus in the lab and unleashed it to cause the world economy to crash to buy back the world cheaper and faster. The person behind maybe some secret organization.
Right now we are seeing the Fed printing more money and so they will buy back the whole world easily.
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The use case of this project is a site that aggregates and provides knowledge to searchers. So people will have to pay for the platform to get the knowledge. How will you conduct cooperation with organizations or plan to advertise your project? If this project can be applied worldwide, it can bring huge profits.
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Good potential only happens at the start of uphttps://maps.google.com/trend so you can only have a modest profit from a few times the value of your initial investment. Cryptocurrencies on Binance are not guaranteed to be listed permanently so be careful. There have been cryptocurrencies like POE, TNT, BCPT, CMT, TNB, VIBE delisted from Binance so choose carefully before investing to avoid losses.
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Hi,
If I have WBTC on ETH network, then I use curve.fi to swap WBTC from Ethereum network to BTC network, is the swap info, btc destination address and/or other info stored in any database or even in the main ETH network?
Same question can be done in a BTCB to BTC swap info with binance bridge.
Thank you.
The above options are possible, but you may have to pay a certain fee. Are you looking for anonymity in WBTCs? I would argue that the exchange between WBTC and BTC only provides temporary anonymity since those are two different public chains. Sign up for an account and deposit your Bitcoins on a Bitcoin mixer for legal privacy. This solution can be more economical and simpler than the one you mentioned above. |
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The number of Bitcoins that are constant is 21 million Bitcoins. It takes 6 confirmations per transaction so the block reward and mining difficulty decrease. That is a calculation that I think is reasonable with your conditions. If block times are faster, there will be more transactions and costs can be significantly reduced.
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This news comes after the ban from China and its impact does not appear to have affected the crypto market.
Iran's ban has a limited time and we can hope in winter miners can return to their mining.
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A hard drive-mined project with smart contract capabilities, it doesn't look any better than Burst coins ( https://www.burst-coin.org/) or Conflux ( https://confluxnetwork.org/). The FOMO community for this hard drive mining project also contributes to environmental damage because of increased hard drive production. There will come a day when we will have a surplus of hard drives because of the chia mining activity of miners. |
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Yehp Elon created FUD, Whales used the fear sentiment to dump the market and fill their bags.
Just like last year the whales used the fear around Covid-19 to dump and fill their bags.
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I'm just so angry coinbase screwed me and didn't let me buy the dip.
The script is perfect for filling the shark's pockets. This is an opportunity for all of us to become rich. I believe the holder will once again win. This is the most impressive sale I've seen since March 2020. Probably the biggest sale I can take this year because I know the biggest whale is Microstrategy, they have bought a lot of billions of dollars in Bitcoin at an average price of $43k. Of course, whales will not let themselves die, they will raise the value of Bitcoin. |
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Going from over $60k to $30k is a good buy for Bitcoin right now. We can buy now and hold the investment long enough or sell them when the price rebounds. The rapid drop in value is also an opportunity to buy because I know that the market will recover.
Another thing is that Microstrategy always bottoms Bitcoin. Paypal is making Bitcoin available to people all over the world so Bitcoin will have an extra market and a price increase is bound to happen.
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