This is what we expected after the halving event because after it mostly we gonna experience a rise in the price of bitcoins which creates a new ATH based on its past history. right now we are seeing it's happening again that's why everyone was recommended to hold when they saw that nothing has happened since the Bitcoin halving because bull runs are not happening with halving at the same time rather it will come lately and now this is the sign for us to be patient and sooner we will gonna see another ATH after this.
Panic can appear quickly with a fud on the market and people will response immediately with panic sell. It's difference on how greed will appear in the market because it takes more time to warm up, to spread news for people to read, hear, watch and slowly digest it with a long time. The warm up time is very long like months and people need time to do their research, go from doubt to a little bit interested in but still hesitate to invest. Finally they decide to invest or just spend money and very shortly after that, we will see FOMO wave on the market. FOMO does not last too long but it will last longer than panic time. People will have more time like days, weeks to take profit than time to sell, cut loss or close their position to avoid margin calls, liquidations. |
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The supply of Bitcoin isn't actually increasing slightly like the graph is illustrating, however it is constant. Bitcoin has a constant supply cap of 21 million coins.
You must use correct term. Supply is a confusing term. You can use Total supply or Circulating supply. The total supply, that is implied in your post, is capped at 21 million bitcoins. The circulating supply will increase and after four halvings so far, the curve for circulating supply will increase slightly in future years. How is the 21 Million Bitcoin Cap Defined and Enforced?Here are two graphs for illustration
You can use these available charts.  |
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Money needs to be scarce to preserve its value and Bitcoin is scarce therefore the future of money has to be Bitcoin and this is one of the best chances we have to accumulate it before it becomes more scarce.
Don't have inflation is key, not scarce because with same total and circulating supply, with time there will be more people in one country or on this planet and demand on that currency will be higher. It helps to increase its value but the first condition is, that currency must be accepted and used widely already. Better, it is legal tender already. You can fork Bitcoin source code, create your currency but if nothing to make it interesting for people to use it, it will have no value now and next 50 years. Keys are: have good use case, utility, good value, adoption, not inflationary or better deflationary, with time its value and price will increase. Scarcity does not decide value or price if other things don't exist. Year finance's YFI token is an example that scarcity does not help value and price. It has only 36,647 YFI tokens in total supply but its price is only $7,236. |
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Apart from that, because the football season is over
The season is not yet over because there are three big matches, Champions League final, Europa League final and Conference League final. They are one of biggest matches in this season and will decide three champions as well as spots to play in Champions League, Europa League and Conference League next season of many clubs in many leagues. There will be Euro 2024 that will happen shortly after the season ending and the most exciting time in this 2024 year is ahead. I also think there's no harm in looking at the Bitcoin market graph again to be able to take part in the Bitcoin price prediction contest created by CoinRoyale. But I also don't think this is an easy thing because the price of Bitcoin itself changes a lot this month and I hope that in the next six days the price of Bitcoin will be at $70K.  I will pick predictions that Bitcoin will make its rise to 10% to 20% from $70,000 price and it means I really expect Bitcoin to move up to $77,000 or $84,000. I guess there will be Short squeeze to help Bitcoin rising to $84,000. |
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Why is it a way longer than the usual addresses? For the same reason Monero addresses are longer. Because, it encodes two public keys. . This explains with many details on differences among Bitcoin address types and length (total characters of each address type). At the bottom of article, it has a Reference table that summarize explanations very well. An example of difference is Segwit single signature address will have 42 characters but a multisig address will have 62 characters. |
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Here is example how Silent Payment addresses look sp1qq0rdyln9cwthvkyd7z7yq5kcpdhlc70h5u9tk2v8dja0gm684twxsqsls3j3phhlg0gnkawqeqq p20q03en269hg26g2fw03tzrc9g75zuume85y Why is it a way longer than the usual addresses? I don't know how the BIP works and how it generates public addresses but a long address like this reminds me about public address from Cryptonote coin. https://bitcoinwiki.org/wiki/cryptonoteHow to recognize different crypto address typesMonero addresses start with 4 and 8, and are even longer: 95 characters.
Example:
4AdUndXHHZ6cfufTMvppY6JwXNouMBzSkbLYfpAV5Usx3skxNgYeYTRj5UzqtReoS44qo9mtmXCqY45 DJ852K5Jv2684Rge
The sp1 address above has more than 95 characters, it has 116 characters. |
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If bitcoin goes to $120k and I sell 2 whole bitcoins ($240k), how much tax will the government charge me if I live in Florida and only earn $50k a year?  I don't live in the USA. and I can not answer this but you can find information from guide of IRS. https://www.irs.gov/pub/irs-pdf/p17.pdfI read in the forum that in the USA. you will be taxed like 30% or 40% from your profit of selling. Someone from this country can help you with more accurate information. Does this Federal Income Tax have anything to do with "Selling Bitcoin for real estate"? This is bad idea because real estates can be constructed with time but Bitcoin will have only 21 million bitcoins in total supply, no more. If you buy a real estate, hold it like 10 or 20 years, it will give you less ROI than holding your bitcoins 10 or 20 more years. |
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We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?
Share some of your experiences or tips on effectively trading in these uncertain times.
In uncertain times, it's better to cash out and wait for later times when the market confirms its next trend and you can use your fiat or stable coin to enter it again. It does not help you to gain additional profit in uncertain times but it does help you to avoid loss. Protect your capital is not a bad practice and because the market is always here, you can enter it again anytime you feel safer, more certain and with intact, no lost capital after exit it in uncertain times. In uncertain times, trading or holding altcoins is very risky and it's better to exit and wait. It can cause you to miss better prices of altcoins but it is very helpful to avoid loss with altcoins if you predict the market trend inaccurately. |
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My question is, between Bitcoin-er and Bitcoin-ist, which one sound better?
-er suffix is for people who do something like their occupation. So Bitcoiners are for people who work, use, and invest or do things with Bitcoin. -ist is for like a religious thing and you can use it like Bitcoin Maximalist who consider Bitcoin as the only and most important cryptocurrency. In their view, altcoins are shitcoins and don't mean anything for the market, Bitcoin is the only one in their hearts. |
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I read the review and I found it to be objective and fair, there are many review websites that often make the mistake to be overly positive about anything they review or they criticize the smallest and inconsequential detail they can find just to write something negative, so it could be said the hardest thing for a reviewer is to not fall into any of those pitfalls, while still offering something of value to their readers, and I think @efialtis hit that middle ground perfectly.
The BTCGosu team have their service for some years and they began as a platform that provides objective and fair reviews on casinos. In some cases, their team shown that they deeply re-review a casino if there is any possible valid accusation against that casino. After re-review process, and if the BTCGosu team tends to agree with opened accusations, they will removed their previous (good) review on that casino and no longer recommend it to BTCGosu users/ guests. So far I see they are one of most trusted and objective reviewing sites. |
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How certain can investors be for the security of a Bitcoin ETF? What's the difference between that, and a centralized exchange? Both are supposed to safeguard their setups, yet we frequently notice centralized exchanges suffering from cyberattacks, resulting in clients' funds being stolen.
There is no certainty for their fund safety if they don't go self-custodial by themselves. It's not their private keys, it's not their bitcoin. Reminder: do not keep your money in online accountsWith Bitcoin Spot ETFs, investors take different risks from the company that launch Bitcoin Spot ETF shares, to the custodian entity that is Coinbase. They never know what will happen with either the Bitcoin Spot ETF company or the custodian entity like Coinbase. |
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Because every investment in Bitcoin should be successful as long as they hold for long time isn't?
Investors can get profit or can get loss in any market and with any asset. Because in a same market, there are buyers and sellers as well as there are winners and losers. With Bitcoin, it looks very good asset to gain profit as historic ROI of Bitcoin shows that if you have Bitcoin and hold it for some time like years, you already got good ROI. It can change in future but I believe Bitcoin will still be one of best investment asset in future because it is a unique asset in technical and in its total supply, new supply design. Bitcoin profitable days: https://www.lookintobitcoin.com/charts/bitcoin-profitable-days/98.2% of days are profitable. Never look back price. It's impressive as since 2024, Bitcoin has never looked back $40,000. https://charts.bitbo.io/never-look-back-price/ |
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Good work as always PowerGlove. But can mods leave clearer messages so the user is not confused when they get a notification? I know it may be too much work to write down a notification message for each action they take, but they can choose an option from the most commonly used actions which will be added to the system. Such as;
• A reply of yours was deleted cause it's spam
• A reply if yours was deleted cause it is off topic
• Consecutive posts merged (see rule 32)
Mods will be in a better position to know what they commonly handle and which options to add to make their job easier and the message clearer.
I understand that this SMF patch is for a user, a notification for the user and his consecutive posts in a same thread. Like if you make a post, then want to make another post but your previous post is already a latest post in this thread, you will get this notification from PowerGlove's SMF patch. You will decide to post it or return to your previous post, and edit it with a content you are composing for a new post, which now will not be publish. For moderators, reporters can use a user script to simplify their report titles to moderators. [HACK] One-click mod report, not for the faint of heart |
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Let's start with "know your casino" which coincidentally follows the same acronym, but you as a user have to be proactive about where you put money. I like the play on the acronym  KYC = Know Your Customer KYC = Know Your Casino First time I knew that KYC is interpreted as Know Your Casino. It's very creative interpretation of an abbreviation. All customers signing up to any casino must read the Terms and Conditions but they must always keep in mind eventually one day KYC will be asked for one reason/excuse or another.
Users of any casino must read ToS and if they are lazy, they can check FAQs first. Basic information about KYC, Withdrawal terms usually are written in FAQs so it's good for lazy users to start with FAQs. If they want more safety for their funds, they can scan ToS, not require to much time to do ToS scanning with keywords. The issue is this is precisely the point of contention. Far too many casinos (and/or online gambling/gaming websites) have been using this as an excuse to not only stop withdrawals of any winnings but they have also stopped customers withdrawing their own deposits and that is really is not appropriate conduct. The forum has far too many complaints about casinos not allowing withdrawal of deposits.
I believe when a user has problem with withdrawal, they will have multiple troubling factors, not only KYC. When a casino requires KYC on a user, it's possibly that they already detected more suspicious things from that account's activities on their casino. |
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Binance is not really over this problem; it's not good anymore, but if that's true, I think Binance is ready to pay the Canadian government that fine. With the size of Binance's income, it's actually just like a coin.
But on the other hand, this is not good news. Binance seems to be getting hot in the eyes of the governments of every country right now, maybe because it is a giant exchange in the market, so maybe that's the usual thing that happens at the moment.
The bottom line is not problem to pay requested fine fees from the USA. government or the Canadian government, but it's bigger than that. You can imagine, if the USA. government, Canadian government can sued Binance, requested Binance to pay like millions of dollars as fine fees, other governments will be able to do the same. It's very possible to do for all governments globally to sue against Binance because through many years, the exchange operated for all countries globally and if there is issue with money laundering, AML in the USA., Canada, there will be same problems in other countries. What will be the ending for Binance? |
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Sounds like most like Binance. I will check Binance.us. Again, appreciate all your replies.
If you want to use Binance.us, check their information about fee https://www.binance.us/feesAs same as Binance global, you can enjoy cheaper trading fee if you use BNB to pay for fee. Get a 5% discount on Advanced Trading (Spot Trading) fees when you pay with BNB.
Check the table below to see how fees vary by tier.
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The question is addressed to hodlers who have been hodling bitcoin for years
Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income
You can take profit all your bitcoin or part of your bitcoin and continue to hold the rest. It makes sense to take profit and get money to use, nothing wrong but if you take profit or sell all your bitcoin to invest in some other things like real estate, I don't support it. It's not good idea for your portfolio because real estates can be built up more but there will be no more than 21 million bitcoins. ROI chart of Bitcoin and other assets show Bitcoin has best ROI. https://casebitcoin.com/charts#roi_chartWithdrawal strategy https://bitcoindata.science/withdrawal-strategy |
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