Yes that includes "bitcoin"The 54-year-old computer scientist slammed the newfangled asset class as a "great vehicle for scams." He also went on to mention that cryptocurrencies function as a typical Ponzi scheme that aims to find "the next sucker holding the bag."
https://u.today/linux-inventor-says-he-doesnt-believe-in-cryptoI know that many bitcoin enthusiasts are big Linux advocates. In order to stay consistent maybe they need to switch operating systems. That's what I would do Lol, your OS doesn't define you or your opinion on crypto. Who cares about what he says? |
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More than 50% of BTC is in the hands of individuals. WHales can manipulate the market, but the influence is not too huge.
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Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...  You don’t have to chose between bitcoin and gold because both are profitable investments. You can invest in them both, but I suggest put a bigger allocation for bitcoin something that you can still afford to lose since it’s still considered a high-risk investment. However, bitcoin is considered more safe and secured as long as you keep it in your own protected wallet, and history has proven that it offers the highest potential returns, something that other investments may take a lot of years before it can guarantee you. Well, Gold is not that profitable, but it doesn't lose its value either. Investing in both is a good option, but I chose Bitcoin and crypto in general. |
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This is a recent development in crypto where celebrities are now launching coins. I have been reading many threads on what could be its effects but I personally have mixed feelings.
1. Celebrities have large followers. Their coins could introduce their fans to web 3 and crypto.
2. They are using it to exploit people. Some of their tokens have pumped and dumped within 24 hours of launching. This could affect crypto negatively.
3. Most celebrities launch meme coins? Why cant they launch a project that has utilities.
What do you think could be the short term and long term effects of the celeb trend?
I don't think that it makes too much difference in the long term. Celebs are just making coins to grab cash, at least most of them. But they don't really understand crypto. Just like a lot of their followers, most of which won't even buy it. |
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Lottery is the same as gambling, well I feel like I can't guarantee one hundred percent even though the meme project pours out huge funds for marketing, for example, it doesn't guarantee that you will make a profit, it's just a scammers way of getting your money into their trap to gamble
Exactly. The funniest thing is that even with big marketing memecoin still can fail because people simply won't like it and it won't go up. There is not actual use for them anyway. |
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It's hard to say. I prefer to avoid this market, the risk is too high. If you want to buy memecoins, do your own research. It's hard to say if someone is trying to give and actual advice of trying to shill a coin if they suggest to buy something. And even if they're sincere it doesn't mean that they can't be wrong.
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Memecoins are the reason why a lot of people here. While im hating it, it push industry forward in some direction
Well, yes, but I think that a lot of people tried to enter the market through memecoins, were disappointed, lost money, and turned back. So there are two sides for this coin. |
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Lol, what a story. I would never agree to that, a grown person can decide what to do with their money. And if they decide to follow the advice and invest in Bitcoin, it's their choice and responsibility. I suppose some people still don't understand that. You can't be responsible for someone else's losses unless you force them to invest without telling them about any downsides. Abd even then it can't be your full responsibility.
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Well, if person is dumb enough to just send money to someone just because they promised that they'll return more - they kinda deserve to lose it in some way. But it's still a crime that should be punished.
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Well, it has its upsides and downsides. The rise of the price should've come at some point, and it comes with problems for people to start buying, but benefits long-term holders, just as always. I'm just trying to say that it depends on person, is it good or bad for them. It's definitely good for me, I don't have large amounts of BTC, but it's good to see new ATHs.
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И какой же интересно регламент? По итогу у меня это заняло около часа времени. Поддержка запросила номер заявки и ответила стандартное, мол обмен в процессе, не переживайте, ожидайте.
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As of 3/18/24, $MSTR holds 214,246 $BTC acquired for ~$7.53B at an average price of $35,160 per bitcoin.
With BTC going down still, currently at $63,700. Do you think it is the correct strategy to buy more BTC and HODL? They did try to buy the dip but it has dipped further. Will we see another ATH soon? How long would you HODL if you were in MicroStrategy's position?
I'm sure that they will keep accumulating and holding it. Michael Saylor said that he would never sell his BTC, but I wonder what would happen in the market if he sold his BTC. I would definitely sell some when BTC hits $100k. |
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Memecoins are not capable of challenging BTC dominance. Bigger and better coins haven't done that yet, questioning that is a bit hilarious.
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Centralized exchanges are not the way to hold your BTC and other coins. If your amount is not very big - use a non-custodial wallet. When it becomes bigger - get yourself a cold wallet.
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Nothing explains it better than stupid memes. I love it. |
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I'm not really sure if those are scams, but I don't trust them, especially Bybit. It's being promoted too much with unrealistic bonuses.
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Speaking in Davos on Wednesday, JPMorgan CEO and also a well-known bitcoin critic Jamie Dimon made a suggestion that Satoshi Nakamoto might lift the limit on the number of bitcoins, which as we know is 21 million BTC. How would you comment on such a statement? Referring to the limited supply of Bitcoin, which is to mirror the properties of gold, Dimon said he doubted the finality of the 21 million Bitcoin supply maximum, saying: "I think there's a good chance, when we get to that 20 million bitcoins...Satashi [sic] is going to come on there, laugh hysterically, go quiet, and all Bitcoins [are] going to be erased. How the hell [do] you know it’s going to stop at 21?"
I don't know about the code behind bitcoin but 21 million is what everyone believes to this day. If bitcoin exceeds 21 million then trust in bitcoin will collapse overnight and bitcoin will be considered a scam True, even if it's possible it would kill BTC since a lot of believers are using this as an example of why BTC is so important. Scarcity truly defines BTC. |
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How will ETFs effect the economics of Bitcoin and existing Bitcoin markets?
There are many investors who knew about bitcoins, but did not want to invest through exchanges, this gives them an opportunity by investing in exchange-traded funds. Also, on the market, with the approval of these Spot bitcoin ETFs, it will expose bitcoins more to people who like investing in digital assets. They may not invest immediately but they will closely be observing the market before joining later. And they won't hold the actual BTC, it will lie in the BlackRock pockets, as I understand it. I wonder how it will affect the market, I suppose we just need to wait. |
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Never heard of it. But due to lack of news about it and its charts it seems like it's dead, or really close to that state.
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Well, at least I can give them credit for being honest and self-aware. But it still doesn't make me want to buy this token.
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