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1  Bitcoin / Bitcoin Discussion / An end closer than expected on: May 27, 2024, 08:29:53 AM
An end closer than expectedBTC

 With all our apologies to math fans, we will spare here the methodology for implementing the logarithms of bitcoin prices in the so-called LPPLS model (for Log Periodic Power Law Singularity) used to predict the occurrence of a singularity, a  disruption of conditions with major consequences for the asset.

 Klaus Grobys' projections thus support the arrival of a singularity by March 2129. Given the uncertainty surrounding the precision of the estimate, the author concedes, this remains consistent with the 2140 horizon for an upheaval  in the wake of the final bitcoin issued.

 But the finance doctor believes his study provides “evidence that investors who want to use bitcoin as a long-term investment would be making a mistake due to the expected arrival of a singularity in the future and suggesting an expected value of zero  .”

 In any case, BTC will have already fallen back to the bottom in the meantime according to “another discovery”.  His model predicts that prices will reach “a local minimum by the end of February 2045, coinciding with the spontaneous singularity of US stocks”.  (Because, yes, in another study, Klaus Grobys prophesies a large-scale collapse on Wall Street around 2050).

 To put a final nail in Bitcoin's coffin, the author explains that this catastrophic scenario in the not-so-distant future supports the analyzes indicating that the demand for the queen cryptocurrency arises from speculation.

 “Our results appear to be contrary to the idea that demand can be driven by expectations regarding the future usefulness of bitcoin as a medium of exchange,” insists Klaus Grobys.

 As an epilogue, this finance doctor from Vaasa asks this rhetorical question about whether the crypto markets, DeFi or NFTs, still have intrinsic value.  And it invites future research to explore this dimension in more detail.

 In the meantime, the paradox of this type of study is that through its predictions it accentuates the renunciation cost of Bitcoin, by stimulating certain investors to position themselves on this digital asset in (even more) limited edition.
2  Bitcoin / Bitcoin Discussion / Why will the number of bitcoins[btc] in circulation be limited to 21 million ??? on: May 27, 2024, 08:20:36 AM
Why will the number of bitcoinsBTC in circulation be limited to 21 million Huh?

 The sum of 21 million bitcoins was chosen by Satoshi Nakamoto – and he never explained to the cryptocurrency world why this number was chosen.  However, experts concluded that there were two very likely hypotheses.

 The first assumes that Satoshi Nakamoto chose this number because, in 2009, the total amount of money in circulation in the world was 21 trillion dollars.  Hoping that bitcoin one day becomes the base currency for the world, one BTC would then have a fixed value, corresponding to 1 million dollars.

 The other hypothesis is based on the time required to mine a block.  Bitcoin's parameters today mean that a block is mined approximately every ten minutes, thanks to a protocol that adjusts the difficulty based on the hashrate — the total computing power on the network.  The number of 21 million would therefore correspond to mathematical logic, applied simply for convenience.
3  Bitcoin / Bitcoin Discussion / Re: The difference between gamblers and real Bitcoin investors? on: May 26, 2024, 07:53:40 AM
If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

You will see that every area of ​​life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.

The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously

Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market. 
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".

Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.



An investor is a natural or legal person who allocates a share of available capital in the expectation of a return on investment.  He can thus invest in stocks, bonds and related rights, currencies, raw materials, real estate or any other asset.  An investor can invest without distinction in the primary market (newly issued securities) or in the secondary market (already issued securities), in securities of listed or unlisted companies.

 He can make his investments on a regulated market, for example a stock exchange, or even over-the-counter, on the unlisted securities market.  An investment has a variable duration depending on the initial investment objectives or the needs of the investor[1].  Unlike the speculator who seeks to take advantage of a fairly short market window, the investor invests for the long term with a view to managing his assets, or those for which he is responsible.

 Professional investors with a large financial base are called institutional investors; they are sometimes contrasted with individual investors, or small investors.
4  Bitcoin / Bitcoin Discussion / Deutsche Bank analysts on: May 25, 2024, 08:23:23 PM
Deutsche Bank analysts looked for the reasons that explain the surge in the cryptocurrency bitcoin, whose price has approached in recent days to reach a new all-time high of $69,000.

 They identified five possible reasons for this surge:

 1:The influx of capital into bitcoin ETFs.

 2: An increase in the number of ETFs linked to cryptocurrency.

 3:An increase in the scarcity of bitcoins

 4: Easing of financial conditions

 5:Advances in regulation

          Since the approval by the SEC of ETFs tracking the price of bitcoin in the United States, passive instruments that track the cryptocurrency have seen capital flow in, with nearly 7,  9 billion dollars according to the bank.

 In a note published on February 29, Bank of America Securities strategists noted that year-to-date flows of $7.7 billion into bitcoin ETFs exceeded the previous record inflow of $5.2 billion.  observed in 2021.
5  Bitcoin / Bitcoin Discussion / Re: Do your parents invest in bitcoin ? on: May 25, 2024, 07:55:09 PM
Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

Lol my father does have some Bitcoin.  I told him to buy, but he did a terrible job and bought way later at terrible prices.. he wanted to sell,  I stopped him, and now he is in profit but just a little bit.

Anyway, Bitcoin is way more common in millenials and Gen z.






Mes parents ne fond pas beaucoup confiance au crypomonnaie . ils disent que c' est de l'arnaque.J'essaie toujour de les convraincre mais sa ne donne jamais rien
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