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This slot for metawin has been filled but stay tuned as there might be some other slots to be opened soon. We are closed for new participants.
We may pick 1 or 2 more users in the coming weeks. I'll try to pick users from the above applications.
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Well, if Bitcoin has a market cap of $1.37 trillion, the money is not owned by one person (Satoshi) alone but a compound sum of money from lots of investors from all over the world. When referring to the banks, it is a centralized organization, and they have some other investments and real assets that are worth a large sum of money, but when calculating their market cap, I think only investors assets and funds are what are being summed up; they don't include their own profit and assets. In my opinion, Bitcoin should not really be compared with those banks.
Yes, it's just a market cap and the same goes for other companies like Google, Amazon, etc. They're valuation of the entire companies and with Bitcoin as a whole. And it's not really a comparison against the banks, it's just how we view Bitcoin's growth over the past decade and so. This doesn't really mean much, but it is still good to see it because it is a feeling that makes us realize that we are doing something right. When it was much lower, it wasn't a feeling that we liked to see the market cap small, it was only a few billion dollars when I joined, not trillion, when I first joined it was like 4-5 billion dollars for the whole bitcoin marketcap, and now look at where it is.
When you grow from there to here, you realize two things, one is the fact that we are going to keep growing maybe not as quickly but still keep growing, and the other is that if I invested and not sold then I could have been a very wealthy person without a doubt. Instead of focusing on the second, I try to focus on the first.
And from that point, you're able to witness how's the growth of Bitcoin from the time you've start investing on it and from the current time. And not just that, it's going to continue to grow for the upcoming years. There will be some ups and downs for sure but it's only going upwards. To be honest, If you see, now more people than before will have understood the potential of Bitcoin. That is, now these people have been told that Bitcoin is really one of the best investment assets. Earlier people used to see this Bitcion as a bubble and they thought that it will end after rising i.e. popping up. But the reality is not like that, now slowly the world has come to know that there is nothing better than Bitcoin and Bitcoin has proved it in many cases i.e. it has left behind banks and fiats.
And not just from being told so, they are able to witness the actual thing for Bitcoin. The bears and bulls are visible on it and there's nothing to hide with its market. I remember those days when a lot of articles were popping about Bitcoin's dead, Bitcoin's a bubble, a fad, whatsoever but here it is and have broken all of those negative impressions and FUD that have been spread. I'm not sure why you're not happy when you guys are preaching to buy Bitcoin and then some folks over the internet shares some encouragement on how far is Bitcoin is now based on its market capitalization and thinks that this is a comparison where it's just a visualization of their market caps.
Just because you like something it doesn't mean we have to automatically accept every crap as being true, and trust me dailymail or watcher.guru, it's the same level of no facts all hype let's get clicks material! It hit the lowest of the low trying to make fun of banks on a gas leak explosion that killed people! Anyhow, remember how Bitcoin works? Don't trust, verify! Yep and thanks for the reminder about verifying it. I'd do better next time but I did a search about its market caps and that's what it shows and for sure it will change over time. Just because you like something it doesn't mean we have to automatically accept every crap as being true, and trust me dailymail or watcher.guru, it's the same level of no facts all hype let's get clicks material! It hit the lowest of the low trying to make fun of banks on a gas leak explosion that killed people! Anyhow, remember how Bitcoin works? Don't trust, verify! Then wouldn't it be better to compare banks to exchanges?  Agree, and that's much better. And not only that, we can even compare Bitcoin Market Cap with some country's GDP (Gross Domestic Product).
And it's crazy how a decentralized project can be worth that much, and it can be worth more, there is no limit since countries can get in infinite debt to capitalize a project like Bitcoin and Cryptos.
Something that feels weird to me is the fact that bitcoin Market capitalization is more than 50% of the total crypto market cap, i feel like that's something that will change in the future.
Possible to change but I'm feeling that it's gonna be positive than that. There's so much in project and most of it are going to fly by night and will soon be gone and the market cap from those projects are surely going to flow if not with some other known altcoins, surely it's going to be Bitcoin's. |
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Wherever these scammers are getting our numbers and emails, it's always best to use phone numbers in public which is like a spare to you. If in your country you are allowed to own more than 2 numbers then always keep 1 for your private contact and only a few people and close friends and relatives know that number. While the other is for signing up and for whatever stuff that you're going to do. These scams are normal in messaging platforms like in Telegram, they'll chat you out of nowhere and will start a conversation. Don't get on it and as soon as they message you, ignore or block them so that there won't be any further discussions that shall lead to their sweet and deceitful words.
Most of these scammers usually get your information from sites you submitted them, example is the breach of coingecko that was announced. If we study that now the information they will get their will be users ID/email and they start sending phishing links to them. One advice has always been use a throwaway emails or phone for registration purposes like this and then have a personal one for official use. As for social media accounts like telegram all you need to do is to restrict new accounts from messaging you or better still you ignore the messages. Scams like this will not end you only need to get more security conscious everyday as new techniques are been introduced. If you can get as much as spare numbers just for these numbers by your government you do it. That's a way to protect yourselves as well but it's gonna be hectic that every time you register, you'll get to use a different number and that's wholly separated from your main account. But that's fine, it's your strategy so that you won't get to fuse with your actual purposes and just for spare purposes. It's also about how your trust and confidence to the website you're registering. Other than that, don't be too entertaining with random calls and emails. |
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Without pretence, how'd you feel being a low class admist first classes where public are being attentive?
Honestly, to some oppressive times, I actually feel like to afford the first class expenses in that period of time just for impression but my fear always goes to HOW TOMORROW MAY BE because living in such competitive arenas is liable to disappoint a man as time approaches.
Money is indeed a key word of man's status quo but it's better to maintain a sustainability for a long term going than living the high classes in just a short term else, you'd become a mockery in reviewing of your past and recalling your present status quo.
If you can maintain your current lifestyle or the lifestyle that you want depends on you. This is the reason why many that are able to at least get a taste of better life changing their lives but then goes back to the former because they can't bear the expenses of a higher lifestyle. Lifestyle inflation is a problem of many people and that's why always think of frugality and live that way so that you won't have to deal with such problem in the future. Also, do not impress other people because those that are trying to impress other people have got this personal problem. |
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When you will try withdraw u will got message:
"Verification payment required - Suspicious activity has been detected on your account (deposit and instant withdrawal of funds from a new account). To proceed with the withdrawal operation, you must complete the identification process for your account in accordance with our service terms and AML/KYC policy.
To complete this process, you must make a one exact test payment (190 USDT) . Once verified, the funds will be credited to your account balance and made available for withdrawal."
Before my acc is locked, I tried make some test transaction in ltc:
1. sended 0.49 ltc, sell and withdraw 44 usdt
2. again send 0.9ltc, sell and withdraw 82 usdt
3. send 3.03 solana, sell it, buying BTG with price 17.5 USDT, try withdraw BTG and after that my account was locked.
They will be banned my account after third withdraw.
I am sorry for your loss OP, as you've said that the website was new and recently made. And this is also the reason why people shouldn't believe with everything they see on social medias e.g TikTok. I'm not blaming you but next time, we have to be more careful with what we trust with our funds and you don't just jump into these websites that are being advertised through videos even by a known content creator. Because they can be paid and care for nothing if many of their viewers fall for the scam that they've advertised. And this tactic of these scammers isn't new. After that i created new account and send again for test 1.16 ltc and get locked my account immediately.
Ouch, you should have seen the signs already and if this really did happened. Please remember the lesson from your experience. |
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Do you think it worth to verify identity, or take out as much possible withouth verifying identity?
If that amount is dearly to you then you have to do your thing and what you think is best for you. I've used that wallet long time ago but then a lot has changed, it's several years ago until I've used them. As said by our friends here, they won't recommend to do that but if that amount could do something a lot better for your life as of this moment, you have to do what you gotta do. |
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So what if transactions from the casino are then withdrawn to a personal wallet first and then sent to the exchange? will it also affect addresses blacklisted by exchanges?
That is what it should be. It will consume you some fees but that won't make you any red flag from the exchanges if you just want to avoid them tracking your deposit from a casino. It's possible to track them, but do exchanges have to check all suspicious transactions in their opinion?
Very possible but to how much degree they're going to do that? Maybe with some APIs or whatnot or programmed tools made by them or a third party, they're able to filter that to how many degree or filter of that fund to track it out. But are they really going to do that? I think they all want most funds to come to them so, it's like a shadow ban and only does for the first transfer and so far, I haven't read from anybody that they've been blocked after doing this strategy you've said. |
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There are a lot of newbies that are genuine and really newbies in real life. But there are also some that are not exact of what they are but that's fine. It's not always the rank and whatnot what's important but the genuinity that they are posessing when they create threads asking what to do and such to guide them. Everyone is welcome, and just converse naturally, there's no need for someone to be too genius in every topic that they join because you'd see everyone is just trying to contribute and real geniuses that are humble and are sharing information and guidelines to the community. Be natural. Honestly, there's no laid down way to engage in conversations in the forum. Using the forum in a natural way is the best way to have fun and enjoy the forum. Do not be unnecessarily loyal or an ass licker just to gain favour or earn merits. Be polite when politeness is needed, be rude when rudeness is needed and be dramatic when it demands so. There's no gain whatsoever trying to change your real self in order to be loved online.
Op got some points which newbies should follow but then not many new accounts are absolutely beginners, as such, such newbie behaviour expectations are often not found among owners of new accounts.
100% |
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Since Bitcoin is a completely decentralized currency, there is no way to know when and how much money is being sent to whom, both the sender and receiver remain anonymous. So Bitcoin is used to buy and sell various criminal and illegal products. So various arms smuggling activities are paid through Bitcoin. Also, all transactions on the dark web are done through Bitcoin. Which is very sad for us
OP, where have you been all of the time? that's like several years ago and with the adoption in the mainstream now, Bitcoin with its use cases has changed dramatically. And you have a way to know whom sent you as long as you're expecting it from somebody and it's impossible to just receive a BTC out of nowhere. You'll also be able to know how much is sent to you through checking it on explorers. It is essentially a perfect medium of transaction for all the terrorists and criminals of the dark web. This is why the governments of different countries have declared Bitcoin illegal in their countries. If these actions could be stopped somehow, Bitcoin would be legal in all countries of the world. But in any case, I hope that slowly Bitcoin will be able to gain legality in all countries.
There's no way to stop it, those that have declared a ban for Bitcoin should look at cash/fiat money of theirs and see how those terrorists are being funded as it's not trackable if they use that instead of Bitcoin. But we're already on 2024 and that thought for Bitcoin is starting to go away. |
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Even with bitcoin's quite expensive price, I still think that it is worth it when you buy it compared to other big companies like Apple or Google it seems pointless to try and buy some stocks. Bitcoin will still be able to give you profit even if you invest a small amount only. Of course, it is still most ideal if you can invest more for more profit.
I think those stocks are good to hold, if you are for the tech stocks they're still good stocks to own. But compared to Bitcoin, I'll choose of course our very own BTC. congrats to ethereum supporters as well because now that we are not expecting these things to come in this early days .
Way to go for Ethereum, it's following BTC. Yes bitcoin is growing but it is really nothing to be cheering about! Comparison has to be done between apple to apple. banks have their own limitations and rules to play with. They are bound to follow such rules and also they are limited geographically to some extent. On the other hand, Bitcoin has no such compulsion. It can easily reach people from to all over the world where internet connection exists. So the scope of Bitcoin is much much larger than banks. So having a bigger market cap makes sense! It will become a reason for worry if it's other way around or it becomes that way in the future.
Bitcoin is larger than banks in size but with less number of consumers! Thank what will happen when the human adoption of Bitcoin grows! Can you imagine the scope?
It's not actually a serious thing to look at but if we're going to appreciate Bitcoin on how it is going and keeps on going, you'd be proud of yourself that it's able to reach such market cap. We're even there before when people have been describing how Bitcoin is the digital gold and now, as gold is a reserve for most banks and even fiat currencies. I guess it's just hard to please people with what we're sharing. I can imagine about that and we're aware that we're not yet on that par in terms of users but this is just all about their market caps. That's nice stats, showing that Bitcoin is bigger than some might think. Bitcoin also has a bigger capitalization than Facebook and Visa. That being said, I'm not sure that it's right to compare companies, assets, and cryptocurrencies, putting everything from gold to banks and supermarket chains into one big list. For instance, while JPMorgan Chase has a market capitalization below $600 billion, they had $3.4 trillion worth of assets under management at the end of 2023. Or, if we take Visa, its marketcap is also below $600 billion, but it powers over 4 billion cards globally, while if we estimate the rough amount of Bitcoin users, we get under 500 million, even by generous estimates. So one could reasonably ask why we're focusing on marketcap while there are other crucial factors. Yeah, I haven't mentioned the other tech and fintech companies. This is not a comparison though and I've just shared what I've read about how huge BTC in terms of market cap today compared to the rest. But you folks are right about there are other factors to look at but that's it for now. I guess that for this very reason that bitcoin has always been the target of scorn of centralized institutions, they don't like the idea that bitcoin has more market capitalization than all of them and they know that not adapting and giving in isn't going to give them anything and at the end of the day, they're going to regret things. Nice to see that bitcoin can easily outlast 3 centralized banks alone, goes to show that the will of the people that's invested in bitcoin is so strong that it's such an insult that we're underutilizing that fact. Continue hodling and buying bitcoin, never sell until you meet the bitcoin price of your dreams.
I've seen some descriptions before that it's always been the banks that don't like Bitcoin. Hotels don't like airbnb and those other tech services that uses people and assets of others to offer it to consumers. While the bankers will have to look at that part if they'd join people holding Bitcoin, us, we've been on their side and have used their services and are now investors of BTC. The stats make logical sense if we think of Bitcoin as an international bank without boarders, unlike the said three banks JP Morgan Chase , Bank of America ,
ICBC which operate in a localised setup and can't compete with the likes of Bitcoin that have their doors open to every Jim and Jack with no questions asked when trying to bank with it and operate 24/7 which is a non compete advantage already!!!
If anything, I see money leaving these banks and going into crypto in the name of financial freedom and total control...unlike banks that control how you spend your money and will use your money to make their money and won't even share their profits with you... Bitcoins market cap is still growing for sure!!
That's what is happening. Big money is flowing to Bitcoin and as we're going into bull run or we're actually on it already, many investors and depositors of there are starting to be aware of the game every cycle. And speaking of ICBC, they're counting on Ethereum as digital oil and Bitcoin as digital gold. Source: World’s Largest Bank Calls Bitcoin Gold and Ethereum ‘Digital Oil’And why do we have to compare Bitcoin market cap with banks market cap? Is Bitcoin a bank or something?
Bitcoin is supposed to be a currency. Why don't you compare the BTC market cap with the amount of US dollars in circulation?
NVIDIA has a market cap of 3 trillion. And so what? Micro-chips are a product that is in demand. The demand for Bitcoins isn't growing that fast. All those market cap comparisons are kinda pointless. After several months or years, the Bitcoin market cap might drop below 1 trillion.
There's no guarantee that the BTC price will keep growing up forever.
It's not a comparison, it's a fact. How I will compare BTC's market cap with US dollars? it's got an infinite supply.  You're right that it's no guarantee that BTC's price will move up forever but we can zoom out always the charts. And why do we have to compare Bitcoin market cap with banks market cap? Is Bitcoin a bank or something?
Bitcoin is supposed to be a currency. Why don't you compare the BTC market cap with the amount of US dollars in circulation?
NVIDIA has a market cap of 3 trillion. And so what? Micro-chips are a product that is in demand. The demand for Bitcoins isn't growing that fast. All those market cap comparisons are kinda pointless. After several months or years, the Bitcoin market cap might drop below 1 trillion.
There's no guarantee that the BTC price will keep growing up forever.
actually it is not comparison mate , we are just happy showing bitcoin dominance against banks and if I were you mate? maybe you should celebrate with all of us here because this is phenomenon considering that those giant banks have been around for decades if not century and knowing bitcoin is just 15 years old . congratulations to all bitcoin holders here and there . That's fine, I don't understand why a bitcoin holder wouldn't be happy to see that where in fact years ago, everyone is optimistic that Bitcoin is going to surpass these banks in any aspect of it and now, it's with their market cap. This is a left hook for BTC-haters who bury bitcoin every year (it’s been a while since I heard the news that BTC will die soon  ). This digital asset becomes more valuable than traditional banks (the three biggest American ones in this case). But one day the day will come when the capitalization of bitcoin will become greater than the total capitalization of all banks in the world. Can you imagine it? Based on the pace of investor interest, this doesn't seem unimaginable. I guess that it's been said about 400+ times that it has died and keeps on dying on their thoughts everytime they see it fall in price. But this time, we have the idea on how huge names in the banking industry discouraging people from buying it where they're the ones who are actually buying it. I think before you guys write in support of what you read online, especially the social media handles like X (formerly Twitter) you should first verify the claim so that you are not writing nonsense. I don't know how you can prove what you wrote in favour of Bitcoin here and I do not know why you guys can't just let Bitcoin be and stop comparing it with everything. It was all about the Gold comparison before, however, with some true support from unbiased people to prove Gold's supremacy overall, such comparison has subsided but seems shifted to other things like the world's bank. This is laughable.
Well, if you must know, only JP Morgan Chase bank will buy the whole of Bitcoin almost 3 times over. The bank is worth $4 Trillion dollars according to their official report, with $303B in shares and $3.7T in assets.
Do you still have something to say about this?
I think before you write, you have quoted the image with a bit of reseach about that. The actual market cap of BTC was really higher than of those thanks to upcoming bull run and the effect of halving and its demand. It's not that hard to prove, you guys talk about the assets of these banks and they can be a different category. I'm not sure why you're not happy when you guys are preaching to buy Bitcoin and then some folks over the internet shares some encouragement on how far is Bitcoin is now based on its market capitalization and thinks that this is a comparison where it's just a visualization of their market caps. Anyway, the message from me is just about people who are still doubting Bitcoin and how big it is and the opportunity that they're missing while they can see it. |
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I saw this post yesterday when I visited CMC but I didn't pay much attention to it because it was not too important to me as I'm already invested in Bitcoin. I think the post is all about telling people to have faith in Bitcoin given how well it has performed and the potential it holds, being an asset with limited supply amidst growing demands. Indeed those who have not come to terms with the fact that Bitcoin is a huge opportunity can clearly see how the future might look like... a situation where Bitcoin will be the dominant topic in the financial world and those who are invested in it confident and proud as those controlling the shares of these famous banks.
We're already here and that's why we feel that it seems not to be important at all. But to those that are still in doubt of Bitcoin, this is a good one for them. The traditional investors that would solely trust their funds to the banks should see this. Not surprised about this since.
Bitcoin global investors reach on any parts of the world.
While the Businesses of those 3 giant companies are just operating in limited jurisdictions.
So expect that Bitcoin would really dominate in terms of marketcap since its more accessible to a lot of investors that's why there are some entities want to disrupt it and push their personal interest since there's really huge money involve that might transfer to what they are promoting. That's why maybe they push CBDC since they know that its more beneficial for controlling bodies to operate this rather than bitcoin which they are totally out of control on this asset.
IMHO even if they're going to push for CBDC, that's not all about investing at all. They're good to be used for payments as what Bitcoin used to be but in the long run, we're seeing how changes happen and everyone is treating Bitcoin more of a blue chip stocks and the same as gold as a better store of value. And what if some of these banks are making their investments behind the scene. Well, we can never tell. Seeing silver ahead of Bitcoin was quite surprising. I remembered how Bitcoin surpassed silver in it's last ATH break out. Seeing the entire list, Bitcoin has a better potential as there are more price discovery to be seen. As Bitcoin continue to break it's ATH with more investors coming on board, Bitcoin will unarguably climb to compete with the top 5 on the list. As Bitcoin continue to grow and break it's ATH, we won't even be competing with most of this banks and companies in terms of market capitalization. As for those of us here, HODL shouldn't be a debate again as the journey keeps getting interesting.
In fact one of the top shareholders of JP Morgan has been bashing Bitcoin several years ago not until he's been vocal about investing in Bitcoin. And with that, it's possible that most of them are also putting their assets into Bitcoin. These are banks and they're here to make money compared to those that have been fully dedicated to keep on buying more like MSTR. I don't care about ranks of Bitcoin and three biggest banks especially banks but through your thread, I would like to say one thing.
These banks have longer histories than Bitcoin, they are all centralized, while Bitcoin is decentralized and no government, no founder, no core team developers control Bitcoin protocol. No terminate button to freeze any Bitcoin wallet or address like with commercial banks, your account always has risk to be terminated, fund can be frozen.
You spitted a fact in there. What I'd like to deliver from this thread is about people's choice and to those doubters that still don't think that Bitcoin isn't going to last. With its market capitalization and it's more than these three combined, they're missing a lot if they keep on dwelling with that doubt. It is possible that in the next 4 years Bitcoin will occupy the top 5 positions, with its worldwide popularity and can be adopted by anyone, the potential to encourage a larger market cap can no longer be stopped. After this year's halving, many institutions have opened up to Bitcoin and are no longer afraid of its volatility. Because with the remaining supply of bitcoin dwindling, people and institutions are increasingly fighting over the remaining bitcoin. Since this is a value issue, I think banks are eager to recognize that Bitcoin's market cap will shift them as adoption increases across a wide range of financial institutions.
We'll see that and there's only one way for Bitcoin to go and that's up. In the world of stocks, NVIDIA is showing its own story on how it went to the top. Soon, we'd see more people and prominent ones talking more about Bitcoin. It's only a matter of time but even it will take time to be there, it's only a matter of time. Of course I am not surprised at this, because bitcoin is a commodity and whoever buys bitcoin is adding to the market cap. Bitcoin is bitcoin worldwide, but those banks are in various places and their operations is in fiat. Those banks can print more money but bitcoin has limited supply of 21 million.
It will be impossible for centralized bank to have higher market cap than Bitcoin because gradually fiat is depreciating and bitcoin value appreciates, which is giving people more confidence to invest in bitcoin and abandon fiat because of lack of confidence in fiat. Banks are run by individuals but bitcoin is decentralized.
Considering the population of the world, there's really an upperhand for Bitcoin because it sets the global market for itself. While these banks are limited for where they are. However, in terms of investing, I think there were stats before that we as Bitcoin investors are still few in here. So, the sky is going to be the limit once most of those nocoiners start to get involved and many of them are likely the bigger players in the global market and have their fair share. This is a great news. Bitcoin adoption is growing worldwide. Individuals are adopting Bitcoin, big financial institutions are adopting Bitcoin, families are adopting Bitcoin and this is because they have seen its future potentials. To keep takeaway for me is that my small efforts in my country to talk about Bitcoin online and offline so as many people who shows the slightest interest in Bitcoin is not in vain. Because it is having a ripple effect worldwide.
You keep it up brother. That small efforts that you're doing is going to be worth it and fruitful in the upcoming years. Those that you have approached before and yet ignored your talks will come by again to you and will ask you to help you out with "how-to" invest in Bitcoin. Comparing apples and hotdogs!
It's like comparing the total value of gold with the assets Caterpillar has!
And what are we even comparing here, all the money that Bitcoin is worth now with what?
If we compare with the total assets JPMorgan for example is having under its control those alone are 3.9 trillion!
I think even if JP Morgan has that total assets at all, it's still different from the actual market cap that it has got as a company alone. Anyway, I've just shared it here as there have been discussions in the past about comparing Bitcoin to gold and other assets and how big it is going to be in the future and now we're here and it's not yet on its peak. Does that clearly mean that more and more people are into Bitcoin investment than banks? I can also see a reason where banks are only limited to residents, investors and it's users if I am not mistaken while Bitcoin since it is a decentralized revolutionary asset it literally means that whoever you are, wherever we are in the planet as long as we embrace the idea of Bitcoin we can invest on it anytime and anywhere that is what I think the reason why it has that capitalization I could be wrong but who knows? 😅
The bigger the market cap is, the bigger the price is means that there's more demand on it and yes, more people are into it. Banks aren't just into servicing particular areas where they're operating, they're also investors and keep their wealths into other assets that they think will be profitable for them. Some big banks have already confirmed their exposure to Bitcoin ETFs. JPMorgan Chase holds positions in BlackRock's, Fidelity's, Grayscale's, and several other ETFs. I haven't heard any news that Bank of American owns any Bitcoin ETFs, but some other US and European banks have smaller and bigger positions in various funds. They're coming in, I don't know what to feel. Years ago, we'd be happy to discuss if they join the game. Now that they're here through BTC ETFs, they'd help the demand up. Some may feel fear that they'd manipulate the market. We've been talking about that as well for years. If we are to compare the worth and market cap of bitcoin to all other cryptocurrencies in the world, we are going to discover that bitcoin is still more far fetched than what they all constitute altogether in cryptocurrency, this tells us that bitcoin is the major global attraction on both the economic and financial regulatory part of the world and the government cannot do anything against it, all these were so because it provides the answer to every challenged situations regarding finances in the economy.
Right, anyone is free to invest in Bitcoin and there's no limitation on how much you can invest and there's no minimum amount that you can on it. However, due to the exchanges minimum limits, everyone who's going to use them needs to follow that rule. But if you're buying from a friend or a friend of a friend, you can receive it however you want and any amount you'd buy from them. There was this video around 2014 which I saw a few days ago, in which the person was saying BTC is a good investment while another rich man was saying it is a bubble that can pop anytime. And the dude who said BTC is good, he says because there was around 1.3$ Billion market cap of it at that time. And now the market cap is in trillions. I mean it's 1.37 trillion dollars. That's insane. I am getting the vibe in a few years this trillion figure is going to be changed as it changes from billion to trillion. I hope I am not expecting a lot from BTC. Although I am not expecting or hoping it to do that I am still just in case.
These banks are still considered safe by traditional people I wonder how will they behave after listening to this information. I hope they will at least start to consider it for investment but that's not my purpose in convincing them because with time as it will be adopted more by many countries left, they will auto be convinced to invest in it.
We all are expecting a lot from BTC but we have to calm it down because of world events and news that are coming up together is greatly affecting it rightaway. But there are more times that it doesn't. And that's why many of us really liked it, the decentralized nature of it is what makes people want to join this emerging asset and as well as this revolution, globally. I've also watched a lot of videos in the past that these great men are telling on their videos to invest in Bitcoin even for a couple of dollars and I wonder if those that have watched them obliged and obeyed. Yes, seems very happy to see the growth of bitcoin, actually its a very good idea, with so much digitization around and constant upgraded internet reach and speed, also may be more future companies will invest in satellite based internet to cover the whole planet, we really needed this, we are always supporting it, and glad to see it surpassing big banks with fiat.
We're already in the digital economy and everything that's being digitized is getting its world share. Well, this might be helpful to those that still don't know whether to invest or not in Bitcoin. If they want another example, they need to take a look back on how people reacted about internet's infancy. Of course you can tell this is power of decentralisation, there is no much big explanation to that.
Through Bitcoin ETFs big companies put in more more in bitcoin knowing the level of freedom their finances can be in bitcoin as it wouldn't be freezed my any government.
It only has to keep growing because even with this market cap those centralised banks still has more assets than bitcoin total market cap, so even though we believe it's still growing we should be aware we are on earth being governed by governments which owns banks, We don't have to make too much comparison. bitcoin is making big moves for sure.
No doubt that they've got bigger assets than Bitcoin but that won't also stop the growth of Bitcoin when it's got on its back the entire world. People that like to get out of their situation that they're even given hard time to withdraw their money on their own bank accounts. But that's another discussion to discuss with and I'd like to stay on just their plain market caps. |
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That's true and we have to wait until it comes next year. This is still a long period of this bull run cycle and all of us are optimistic for its run. I'm holding to my holdings and I know that the right time will come and everyone is planning to get their share worth it when the time has come.
Five years ago, I wouldn't have believed that a bull market would come the following year. However, after the last bull market, I've come to understand that Bitcoin's current price levels make it unlikely for a sudden surge in just 1 or 2 months. Instead, the price will rise with frequent dips, making it hard to predict when the bull market is truly established. That's right, that's how it goes before we finally see the real bull run. Although it comes with phase, and I guess we're on the phase 1 as we're just a few months from the halving. The effect won't be immediate but we did saw some unexpected rise before even the halving came for which it had brought Bitcoin a new all time high. But I'd believe that was just the beginning of it and there's more to go. This uncertainty has trapped many long-time traders who didn't take enough profit, or any profit at all, during the last market cycle.
And by this time, many are going to make sure that they get their profit. A long time is more than enough for a reason to take what you deserve for holding for so long but don't sell them all. |
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Not just in trading but entirely, even in country to country conflicts. These deepfakes can really trigger more confusing friendship of neighboring countries. And even in the NBA, I think that I have watched some post-game interview of Tatum and he talks shit about his opponents in the playoffs but that video has a disclaimer that it's all AI and it's not a real thing. But the moves, actions, the way Tatum talks on the video, they all sound real and genuine. I think there's also one experiment with Luka.
Sometime it looks that AI can do more harm than good. In bad hands this powerful tool can make so much damage. Like your mentioned deepfakes, now it's so easy to make quality deep fake. It definitely is going to depend on which hands these uses will be made. If it's in bad hands, like the example that I've mentioned, it's really going to tear that person down for the meantime. Very simple example, put words asking to invest into some random scam and let's take Musk as example telling such words. Just imagine how much money scammers can get in such way.
I cannot imagine how many people are going to be gullible with such act. We do saw a lot of people have fallen for those twitter verified accounts from prominent people that have been hacked and shilled some projects years ago. And how much more the damage this can be done by these cons by doing the not so popular technique but an efffective one. For sure a lot of victims will be fooled around. |
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Sometimes i get amused by the way we treat private matters that should be kept between members and blow it all over the forum for attention. You are right about this needless attitude. the best way will be for anyone who gets such mails like that to ignore it once we know it will not harm anyone. Just read and ignore or delete it. No one such create a scene for that except they are writing to get merits.
That's exact it is. If you don't like the message, ignore it and when the time that private messages are pushy and they want you to sign up for any links then still ignore them but that's the time that we do action of letting other knows. But with all of the scam attempts out there, they all start with little conversation so I do understand the concern of OP and the others if they think that it can be not so harmful at the beginning but if the conversation gets deeper, they'll get your trust and that's the time they'd see you vulnerable for any attempt that they're planning to you. |
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Actually, i met a neighbor friend of mine who deals on bitcoin and told him my desires but he referred me here that i should explore myself by engaging of crypto discussions with newbies like me and also with the experts far ahead of me.
He said i should always make research whether i feel satisfied or confused while learning to grow my knowledge and has warned me not to come to him on regular basis.
So where do i start please?
Actually, he's right. There are no sweet words and shilling but he just directed you to the right place for you to learn. But still, be careful with people that might shill you the projects that they are working with or what's in their bag. If you want to start rightly, there's no need to go far away from the discussion, you're in the Bitcoin forum and as what the name of this forum is, you should start buying Bitcoin. Don't get it wrong about buying Bitcoin because it's not required to buy a whole of it if you can't afford, you can do the 'dollar cost averaging' by doing a series of purchase continuously with how much you can afford. So, there you go and start with buying Bitcoin. |
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While scrolling on coinmarketcap, I've seen this post of watcher.guru that Bitcoin has a higher market capitalization compared to the three biggest banks in the world, even combining them all.  X link source: https://x.com/WatcherGuru/status/1799853290538365141Based on: https://companiesmarketcap.com/assets-by-market-cap/Here are their current rankings: Bitcoin currently ranked at #9 JP Morgan Chase ranked at #16 Bank of America ranked at #35 ICBC ranked at #45
I do hope that people will realize the full the potential of Bitcoin. It has surpassed the combined market cap of these known banks globally and if they value their money, it's not too late to invest in Bitcoin. Everyone is also free to check out that link above about to see what are the other notable and top coporations that has surpassed by Bitcoin in terms of its market capitalization. PS: Ethereum ranked at #24 which is higher than the two above. |
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Welcome friend! Now, you have to be active so that you'll get the help that you're gonna need as you navigate the forums from each sections to the other. It will take a few minutes of life for checking the rules[1] of the forum so that you'll get to familiarize yourself of the do's and don'ts of it and for your guidance. Engage in topics that you want to know more and don't derail it. It's fine to ask questions that you don't know about. [1] Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ |
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So basically, you are getting your reward for using your time for their projects for whichever tasks that they're giving to everybody and it's true, you are helping them with the promotion. But to say that there has been never a free crypto, you're wrong. There are cryptos that are for free, giveaways are for free if you join them just like what you'll see in the games and rounds. But I bet that you'll count the joining process as something that you have done as a task and the same goes for faucets, although they're not going to pay you that much but they're free cryptos.
Certainly we can actually Invest our resources in different ways such as funds, times and knowledges all on the goal of profiting. So when participated in an airdrops and gets rewarded, it doesn't seem free fund but rewards after certain tasks were execute which is basically instructed by project team. Indeed there're free modes crypto rewards can be obtained which is on promo or free giveaway without performing a tasks. It could be a reward for registering on a site or enrolling for one of the game and rounds just as saide. Yes, welcoming bonus as such are rewards as well by not doing that much tasks. Compared to the airdrops that people that does nowadays, there's not that a lot to ask for the users and they'd just distribute it. So, this is common for the casinos to give bonuses and as you patronize them and also if you're going to notice it, in the games and rounds is one perfect example of it. With casinos like bc.game, you'd see them that are having a lot of giveaways so, that's real free money out there that they give if ever you win their contests. |
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I am sorry with what happened to you OP but that's how you learn how the crypto market works in a hard way. If you just did DCAd long time before and instead of accumulating that shitcoin, you have been saving Bitcoin, for sure that you're proud of yourself. But still, you should be happy that you are able to share your experience to the others so that they won't do the same mistake as yours. And I thank you for doing that, as an addition to the newbies or any investor that are trying to research for some altcoins. To be honest, it's okay to invest in altcoins as it is your money and no one is going to stop you for doing that. But please DYOR and before you invest there, make sure that you have come prepared and saved BTC first.
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I don't think that we'll see this bull run up until the next halving. But what's good is that every cycle that we're coming in, we're having a new higher low for Bitcoin and the price is going to be higher compared to the last cycle of bull run. And anticipating the bears, that might take on 2026 for which most of us are assuming that this year to 2025 is likely the actual bull run, and the peak might appear from 9-10 months from now on. But who knows? every cycle is becoming different and depends on the news that will come out unexpectedly.
Don't be misled by the current market fluctuations. A bull market is on the horizon. Hold on tight to your Bitcoin and altcoins until we see a significant surge. The start of the year was already the sign of it. But to say for the next halving, it's for the other cycle that we should wait for. Well, these fluctuations are essential and this is a factor that a holder or investor has to consider but if you're long term, no need to be worried with such. The cycle isn't complete until the bull market arrives what we're experiencing now is just the beginning.
That's true and we have to wait until it comes next year. This is still a long period of this bull run cycle and all of us are optimistic for its run. I'm holding to my holdings and I know that the right time will come and everyone is planning to get their share worth it when the time has come. |
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