As per the news everywhere.

Largest public traded bitcoin mining company in USA became huge loss.  Unable to pay debts and move to bankruptcy. So this might be a warning that cost of the mining unable to cover from the current BTC price.

world economy is in a danger. specially Proof of work BTC needs high electricity power to run hash. this might be warning to other mining plants across the world.

Specially , unnecessary cost needs to cut down, not go for high end renovations , pay the creditors on time and debt restructure accordantly. 

As per my understanding.

we only focus on micro factors , but need to consider the macro factors. who knows what direction Global inflation does go , Corona virus new versions , Economic recessions  ,Housing bubbles, World wars.

Before 2025, we can see more fluctuations on Equity , BTC markets with these macro. Dont think always technical will lead to find the bottom of btc or up.

FOR USA , there is a separate Binance USA. But i want to know if i in USA, I want to log to normal binance account in my home country. how to log it.

After FED increase the Intertest rates. All the markets including BTC , Share will drop accordantly. The economic theory behind the situation is that , investors,people more keen to get fixed and sure income streams.

people tend to deposit their money in to banks instead of investing volatile crypto and shares. I mean not all the money. So money will flow to crypto to banks.

so then we can expect a crash on BTC.

As previous trends , logically.

we had our BTC top 1 year back(69000$). So after one year we can not expect another ATH going to happen. Market need sometime for next momentum. Even other markets too.

If we guess that we can expect next market preparation  after next halving ,. Hence , we have exactly 1 year and 5 months.

Clearly can see consolidation area in next year(2023). So definitely we can grab , more buying opportunities rather now.

We had Bull market , Now we are at the end of the bearish momentum. Consolidation area is incoming.

This is my market reading. I know everyone does have different opinions. Lets share


 

As per my understanding. there are major differences between bitcoin tech and tulip mania. Some people still asking bitcoin is the same as the tulip bumble. Tulip is a non-tech bubble and BTC is a tech bubble.

My points are

A tulip is a just flower and has no long useful life for it.

Tulip flowers do not have a use case

Tulip flower investment does not use any security standards


As per the white paper of the BTC , BTC is for peer-to-peer exchanging money with any border limits, and it's a real use case.

BTC has had a long useful life, from 2009 to now. And its adoption especially in the tech sector so we can predict this has to be in another 100 years. There is another valid point that the last BTC going mined in 2140 or near year so for that period BTC should survive.

BTC is secured with Blockchain technology and millions of computers are now connected to the newtork. Hashing rate is very high so its almost impossible to break the security of the BTC network.


At last, i would say, Tulip is a just a flower without long life. Everyone can not get it. BTC is related with tech and everyone can use it. No discrimination, no boarder , no third party. So BTC will be king of the financial market in near future on the internet.

Today One Of My Friends Argued With Btc. Btc Is Not Backed By Any Asset Or Business. So Btc Is Only For Speculation Purposes.

Eth And Other Major Alts Have Asset Backing And Real Use Cases. For Example - For Eth; Smart Contracts Can Be Used In Contractual Deals.
Specially Alts Have Eco System. Btc Does Not Have.

I Stuck Because I Don't Know A Counter Answer To This. Please Explain How To Counter Attack This.

i have gone through some articles and i got confused on regarding some topics. Please explain it and it will be beneficial for new comers adopt the new knowledge.

Question no 1 - what is the meaning of the  permissionless Layer 1 blockchain?

Question no 2 -what is the meaning of open and fast layer-1 blockchain ?

Question no 3 -scalable layer 1 blockchain?

Google is the biggest tech company on the earth. They are willing to accept Crypto as payments. Especially for cloud services. This is huge news but not react big in markets.

That's why still i believe, whatever the news we should respect the market behavior. BTC market movements according to nature.

I have noticed that every cycle there are giant ALT coins. In the following cycle, the New top 10 is coming. As per the current condition, please be vigilant to invest in BTC.

Most Alts vanish in a bear market, the main reason is no fundamentals.

There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)

I self going to invest in Alts after 2024.

There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.

I have a question that

Lets assume that I have USDT 12000 ON my Binance US Account. If i withdraw USDT to my bank account in USA.  What about the possibility and taxation about it?

Lets poll the lowest BTC price can expect this bear market

I joined long time back on 2017. still member. i am really ashamed about it.I want to increase to legendary. please help what should i do?

As per my knowledge, BTC price can manipulate to some extent by whales. But whales need to respect market movment and only can do corrctions to some extent.
what is your thoughts?

 21million still hardcore on the bitcoin network. Price of btc also can hard core same as to the bitcoin network?

Please briefly explain, why BTC can not be zero at present time?

Technically it can be zero at any given time.

I have a question that , If i send BTC to someone on the network. First, encrypt a message with the public key of the recipient and the receiver decrypt the message with the reciepents private key. Is this the way when we send btc to another wallet??? please explain


The second question is all the nodes are not miners and all the miners are nodes. is this statement correct? 

As per my experience, On 2018 Smart contract bubble came to altcoins , so all related to smart contract Alts became giants at that time. 2021 hot topic were Gaming,NFT ,Defi
. I think for 2024/2025 hot topics will be " Web3.0 , AI, and Machine learning ". what is your thoughts?

Please explain what ius the differance between nodes and miners? do they same

what is the connection between web3 and BTC