[What is Address Poisoning?]

As we all know that the rate of Address Poisoning victims are  continually increasing especially for MetaMask users and other similar cryptocurrency wallets. Having a cold hardware wallet reduces the chances of getting hacked and also habit of continual scrutiny.

What is Address Poisoning?

Address poisoning is a new phishing attack that involves changing the Secret Recovery Phrase, then modifying the transaction history. The main difference between address poisoning and the usual scamming technique is that address poisoning heavily relies on the user’s carelessness.

When MetaMask users send or receive cryptocurrency, it appears in the wallet transaction list. While both wallet addresses look identical in their short form, they could be completely different, easily confusing MetaMask users.

Measure Your Safety

MetaMask developers had warn of a new scam called 'Address Poisoning' that relies on poisoning the wallet's transaction history with scammer's addresses that are very similar to addresses that a user recently had transactions.

The threat actor monitors the blockchain for new transactions to conduct the scam. After selecting a target, they use a vanity address creator to create an address very similar, if not almost exactly the same, as the one involved in the recent transaction.

How it works

Indeed, crypto wallet addresses are very hard to remember, because of the cryptographically generated hexadecimal numbers. Hackers tend to instill these new addresses in the counterfeit transaction history, and usually, there’s no visual difference between the actual crypto wallet address and the fake one.

Secondly, once the scammer has created a similarly-looking crypto wallet address, the evildoer sends a transaction of a small value to the newly created dummy wallet. After this happens, the user’s crypto wallet is ‘poisoned.’ This is because the transaction history on MetaMask or any other DeFi wallet shows the hacker’s new address, which is visually unidentifiable as different. Most crypto enthusiasts visually indicate their wallet by the starting and ending characters, while the middle part of an address is rarely remembered.

Finally, this creates an opportunity for the hacker to contaminate the wallet dummy addresses. The next time the unsuspecting user tries to copy the crypto wallet address from the transaction history, the funds might end up in the almost identically-looking hacker’s wallet.

How to Prevent this from happening

There are a few methods to prevent scammers from stealing your money:

√ The easiest solution to this problem is simply double-checking the crypto wallet addresses before sending the funds. They use an address with the same first & last few characters as the real transaction you sent; in hopes you will not check the full address, and instead copy theirs in a future transactions.

√ Having an address book instead of copying crypto wallet addresses from personal transaction history should solve the problem. In this way, there are two issues immediately fixed. Firstly, the wallet owner won’t have to copy-paste the addresses, erasing the possibility of copy-pasting the bogus address. Moreover, the address book requires confirmation before putting addresses on it. The hapless hackers cannot change the addresses submitted by the wallet owner.

√ The most effective way of rescuing oneself from this hassle is to have a cold wallet. A self-custody wallet not connected to the internet is less susceptible to fraudulent phishing attacks by evil computer geniuses.


Reference:
https://www.google.com/amp/s/m.investing.com/news/cryptocurrency-news/what-is-address-poisoning-everything-you-need-to-know-2980300%3fampMode=1
https://www.google.com/amp/s/www.bleepingcomputer.com/news/security/metamask-warns-of-new-address-poisoning-cryptocurrency-scam/amp/

U.K. inflation hit 9.1% year-on-year in May as soaring food and energy prices continue to deepen the country’s cost-of-living crisis. The 9.1% rise in the consumer price index, released Wednesday, was in line with expectations from economists in a Reuters poll and slightly higher than the 9% increase recorded in April.

https://www.cmcmarkets.com/sv-se/nyheter-och-analys/uk-cpi-set-to-increase-again-in-may

Consumer prices rose by 0.7% month-on-month in May, slightly above expectations for a 0.6% rise but well short of the 2.5% monthly increase in April, indicating that inflation is slowing somewhat. The largest upward contributions to the inflation rate came from housing and household services, primarily electricity, gas and other fuels, along with transport (mostly motor fuel and second-hand cars).

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) came in at 7.9% in the 12 months to May, up from 7.8% in April. “Rising prices for food and non-alcoholic beverages, compared with falls a year ago, resulted in the largest upward contribution to the change in both the CPIH and CPI 12-month inflation rates between April and May 2022 (0.17 percentage points for CPIH),” the ONS said in its report.

https://www.gulftoday.ae/news/2022/06/22/uk-inflation-hits-40-year-record-highest-in-g7
The Bank of England last week implemented a fifth consecutive hike to interest rates, though stopped short of the aggressive hikes seen in the U.S. and Switzerland, as it looks to tame inflation without compounding the current economic slowdown.
More than four in five people in the U.K. are worried about rising living costs and their ability to afford basics necessities like food and energy over the coming months, according to a new survey.

[Global CBDC drive]

Jamaica’s central bank has officially recognized the “Jam-Dex” central bank digital currency (CBDC) as legal tender, becoming the first country to do so. The Bank of Jamaica (BoJ) has legalized its CBDC in a move to provide an alternative to its cash-based economy.



According to reports, the Jamaican senate has authorized the central bank to issue its CBDC, known as the Jamaica Digital Exchange, or Jam-Dex. According to Bank of Jamaica Governor Richard Byles, the Jam-Dex will officially launch for domestic use later this month. The digital Jamaican dollar offers a more secure, convenient alternative to physical notes and coins, and can be used without a bank account.

The Jam-Dex has been in a pilot testing phase since Aug last year and this year that it would be rolled out in Q1, but delays have pushed it into the second quarter. The CEO of CBDC technology provider eCurrency, Jonathan Dharmapalan, confirmed the move: “Legislators in Jamaica have all now unanimously moved a digital dollar forward in Jamaica. You can use this to settle any debt in Jamaica. It is the medium of exchange. It is the medium of account.”


https://www.warrenscoins.com/jamaica-becomes-the-first-nation-to-make-cbdc-a-legal-tender/

Global CBDC drive
According to Atlantic Council’s CBDC tracker, there are currently 105 countries, representing over 95% of global GDP researching or developing a CBDC. It also reports that 10 countries have actually launched a CBDC including Nigeria, the Bahamas with its “Sand Dollar’ and several Caribbean island nations, however, Jamaica is the first to legalize one as tender.

China’s digital yuan, e-CNY, or DCEP (digital currency/electronic payment) pilots are set to continue into 2023. Tianjin, Chongqing, Guangzhou, Fuzhou, Xiamen, and six cities in Zhejiang province were added to the pilot program in April.

The United States is the laggard in this race with policymakers and central bankers dragging their feet on any development of a crypto greenback. Some believe a central bank digital dollar will give the Federal Reserve a more authoritarian level of control and surveillance over people’s finances.

https://beincrypto.com/jamaica-becomes-first-country-to-make-a-cbdc-legal-tender/

During the first two years of the coronavirus pandemic, a new billionaire was minted every 30 hours, according to a new report by Oxfam International. The report, called “Profiting from Pain”, highlights how the pandemic rapidly widened the gap between the world’s richest and poorest - with 573 of the world’s richest people becoming billionaires during that time.

Meanwhile, the pandemic has created new pharmaceutical billionaires, profiting from the monopolies their companies hold over vaccines, treatments, tests, and personal protective equipment, the report said. “As billionaires gather in Davos, Switzerland, in person for the first time in over two years, they have a lot to celebrate. During the COVID-19 pandemic their mountain of wealth has reached unprecedented and dizzying heights. The pandemic – full of sorrow and disruption for most of humanity – has been one of the best times in recorded history for the billionaire class,” read the report.



The chart unveils four key points:
https://blogs.imf.org/2021/11/09/the-unequal-covid-saving-and-wealth-surge/

-The overall increase in net wealth, in percent of disposable income, was considerably larger during the pandemic (between the end of 2019 and the second quarter of 2021) than during normal times (between the end of 2014 and end of 2019).

-It was driven mainly by valuation changes (due to booming equity and housing prices) as well as, to some extent, by the “COVID saving surge” (with a jump in “other assets,” including bank deposits).

-This overall increase in net wealth was also unevenly distributed, with much of it accruing to people at the top of the distribution. Indeed, the equity price boom mostly benefitted the rich, while lockdowns more heavily affected spending on dining and travel, which make a larger part of wealthier households’ consumption habits. Additionally, government support, in the form of direct stimulus or support to firms, also benefitted the saving of wealthier households compared to poorer households that were more likely to spend the extra cash.

-At the same time, the distribution of wealth across groups did not change much, as the increases in net wealth were relatively in line with the pre-pandemic shares in the wealth distribution.


In 2022, it is expected that millions of people with fall into extreme poverty every 33 hours. According to the report, 263 million people are predicted to fall into extreme poverty this year, citing the cost of living crisis as one of the many driving factors. While the billionaires who control these assets are set to profit even more, Oxfam warns hundreds of millions could be priced out of staying alive.

Oxfam International’s investigations also concluded that 2,668 billionaires own $12.7 trillion (€11.91 trillion) of the planet’s wealth, with the world’s 10 richest men owning more than the poorest 3.1 billion people on earth. The report highlighted key industries which are thriving throughout the cost of living crisis. For instance, whilst global food prices have spiralled 33.6 per cent in the last year, global food giant Cargill has increased their wealth by $14.4 billion (€13.49 billion), 65 per cent since 2020.

https://www.euronews.com/next/2022/05/25/covid-created-a-new-billionaire-every-30-hours-while-many-face-extreme-poverty-report-says

Bitcoin is a digital currency that is decentralized for peer-to-peer transactions. I see Bitcoin has a normal currency just like fiat that is used for daily transactions of goods and services. I am a lover of Bitcoin and I am very passionate about it even though it is volatile but also a good investment for long term holders. There is great opportunity for holders to benefit as the market fluctuate from one price to another.

As the new elected manager of my gas station, I have successfully initiate the use of Bitcoin as an alternative payment to help advocate and promote the use of great digital currency called  BTC. I am a Bitcoin lover and I intend to encourage the use in my local region so customers can pay and get to know about it. I see Bitcoin as both investment and a currency and the company can make more if we hold it in respective of the market conditions.

I know how challenging it can be to introduce an option for payment in Bitcoin, but with time customers may prefer it to fiat in respective of the network fee. It was never easy for me to convince the board about having an option for payment in Bitcoin, and I am happy for the enormous knowledge I was able to gather here and those that advised me on making this a success.

[what happens to your Bitcoin later?]

I have seen so many threads and topics about what happens to our Bitcoin when we are no more and if our Bitcoin asset can be transferred from one generation to the other. This is a serious topic we need to look into maybe we can consider a good alternative that can save us from total lose of our Bitcoin when we are dead. Based on my shallow knowledge on Cryptocurrency, I think If you don’t create a copy of that key and put that key in a safe place where the people that you trust can find it and know what to do with it, then the wealth that you’ve accumulated in crypto is just going to sit there. Could there be an advenaced way to get this done?

The nature of Bitcoin just like other cryptocurrencies that makes it complicated to pass down. Bitcoin is usually stored on the blockchain, a digital ledger that’s formed by a network of computers throughout the world that record transactions, including the exchange of Bitcoin. People usually make these transactions by using public and private keys. Public keys work like bank account numbers, and serve as an address that you can use to send other people crypto. Private keys work like passwords, and are made of unique, extremely long strings of characters that unlock your crypto. Unlike other types of passwords, however, private Bitcoin keys can’t be recovered once they’re lost or forgotten. That means that without those keys, people who are entitled to inherit their loved one’s Bitcoin won’t be able to get it.

We can always pass down assets that we already know and love like car, house, clothes etc and they are handled by law but with Bitcoin, it doesn’t really matter what the law says if you don’t actually have access to transfer those assets because there’s no formalized way to pass down Bitcoin, investors are coming up with their own sometimes bizarre protocols to guarantee that their heirs will get their digital assets. These plans can involve everything from locking their keys in secret lockboxes to hiring professional services to manage their crypto for their successors. But other crypto owners are still struggling with what to do, and have yet to find financial advisers who know much about crypto or who can even direct them to someone who does.

what happens to your Bitcoin later?

Families have been locked out of enormous fortunes because they couldn’t find their loved one’s keys. A man named Michael Moody was unable to unlock the Bitcoin that belonged to his son, Matthew Moody, who died in a plane crash in California. Matthew Moody was an early miner of bitcoin, which means his Bitcoin would be worth a lot of money today.

Technically, nothing. Again, Bitcoin is stored on the blockchain, so there’s a permanent record of it. That means your Bitcoin will exist as long as the blockchain exists, and regardless of whether you’re alive or dead. How your loved ones will be able to use that Bitcoin is a different question, one that largely depends on whether they know about it and if they know how to access it.

https://www.vox.com/recode/22971265/bitcoin-wills-estate-planning-cryptocurrency-nfts-death

Binance, the world’s leading cryptocurrency exchange, has blocked several accounts linked to relatives of some high-ranking members of Russian President Vladimir Putin’s administration. The move comes as sanctions continue to rain on Russia in response to its military assault on neighboring Ukraine.

Among the users who have been denied access in the past two months since the Russian troops crossed the Ukrainian border are the stepdaughter of Foreign Minister Sergei Lavrov, Polina Kovaleva, and Elizaveta Peskova, the daughter of the Kremlin spokesman Dmitry Peskov.

Binance also banned Kirill Malofeev, the son of Russian oligarch Konstantin Malofeev. The latter has been accused by Washington of funding pro-Russian separatists in Ukraine. Malofeev, who is on the U.S. and EU sanctions lists and wanted by the Kyiv authorities for his involvement in the war in the Donbas region, is a Putin supporter.

Binance revealed it blocked Peskova on March 3, when she attempted to use the exchange through a third-party brokerage. She was sanctioned by the U.S. Treasury Department the following week, the report details. Kovaleva’s account was shuttered on March 24, the day she was sanctioned by the U.K. Malofeev was designated by the U.S. Treasury on April 20 and had his Binance accounts blocked this week, the company added.



https://news.bitcoin.com/binance-blocks-accounts-linked-to-relatives-of-senior-russian-officials/

The world is revolving really faster and everything is becoming digital everytime I open my eyes. The way we do things last 5 to 10 years is becoming completely different to this recent time. We are in the era of digital currency where Bitcoin is having a great influence on our lives.  

I have a sister and a female friend that will be celebrating their birthday soon and I'm thinking of getting them something unimaginable. Since their is not as much adoption of Bitcoin from women, I thought of giving my sister and a friend Bitcoin as birthday gifts. Although i know it might sounds odd or uncommon to us but I think this will help them a lot and the awareness of Bitcoin because they will end up telling their friends and the friends telling more friends.

All women want to be loved more on their birthdays receiving precious gifts from love ones. Bitcoin is more precious to me than mere gifts that will end up not appreciating in values. How are you going to feel if you receive something that could improve yyour financial life as a birthday? Holding this asset(Bitcoin) for few year from now can become a game changer for her when other gifts might have lost value.

Why I choose Bitcoin over other gifts

- Bitcoin can appreciate more in value with time.
- It is secure and private.
- It is fast and easy to transact.
- Can be a great asset that can change her financial status.

How I planned to do it

- I will educate them on what Bitcoin, Blockchain, wallet and other necessary things.
- Guide on how to create a crypto wallet by themselves.
- Get their Bitcoin wallet addresses.
- Send them affordable Bitcoin on their birthday.
- Contineous briefing on safety, and what cryptocurrency is all about.

I am looking forward to better ways to do this.
 Thanks!

Looking at the market now with different illustration about the current position, condition of the market from analysis, many crypto traders are coming out with there different analysis of where the market tend to go in the next few days. Some keeps agitating that the trend is still bearish while others come out with various technical analysis of the market, drawing different trendlines to show the support resistance of the coming bull.

We all know that Bitcoin controls the crypto market and it is a good determinant of most altcoins(maybe all). The fall of Bitcoin had affected the crypto market and I think keeping an eye on Bitcoin is very important to determine the fate of most alts in the market. I have seen much number of fud coming up with different technical tools of the market going down more.

What perspective are we going to accept here? Are we going with the analysis of the market going bear contineously or  claims that the price will go bullish? Maybe we should just be neutral without being too optimistic or pessimistic.

Following the market, trend should not be as confusing like the way it is currently, especially for those that care much about the market direction and are not too skilled on analysis the market direction.

[Can someone teach me how to trade? Where can I learn how to trade? How can I use indicator to trade?]

Sometimes when I scroll through the forum threads, I'm always amazed to see questions like; Can someone teach me how to trade? Where can I learn how to trade? How can I use indicator to trade? You know what? These questions always get what they deserves. The right answers always pop-up on the table for everyone to learn from different perspectives. Bitcontalk.org is a great library of information from substantial sources, so don't mess with it!

How can I learn how to trade? This is a question every had been asked from one time to another, from one person to another without paying much attention to what it would take to be a trader or one losing trades. Trading is just like a game of thrones. The tough will end up getting the balls rolling when the weak might have left the track due to inconsistency, fear, ignorance, weak strategies, weak risk management and greed.
 
You can either get trading skills here on the forum by asking questions and getting answers or attaching your time with sites/platforms that give trading lecturers, be it online or physical classes.

Are you going into trading for the money or for the knowledge?
Don't be too faster than your shadow, trading is not meant for the lazy. Don't think immediately you get into trading, you'll making money, cos time is necessarily important to gain mastery. The great traders who are making great profits from trading had already sow the seed and now reaping their harvest so let's be patient. Don't rush cos slow and steady wins the race..."Power of consistency" with brain not just working blindly.

Get the skill before going for the money. More money is the goal but a sacrifice has to made. We need to learn thoroughly become dexterously brilliant to analyze the market. Do fool yourself with greed or over curiosity cos it might lead to confusion not necessarily becoming a short term deficiency but a continuous defect that can relinquish our faculty of the market.

How I wish I knew about Bitcoin before now, before my previous discovery about  the existence of Bitcoin and Blockchain interface which seems late to me. If I had known about Bitcoin during it's early stage, I don't think I will be in the same level that I am now. sometimes I do imagine the net worth of people that had stored Bitcoin in there fortfolios since the early stage of Bitcoin existence till now that the price had gone really far from the dip. I will not ague/blame those of us that are just investing in Bitcoin as a late comer and I know that many are still going to concur to Bitcoin existance.and adoption later soon.

With this step I've taken to invest more of my funds in Bitcoin I hope and believe that I'm going to benefit more like the early adopters who believed in Bitcoin. I just hope the market can reset so I can buy more from a good price. How I wish Bitcoin antagonists could understand what they're missing from the internet gold.

D

I could remember when the Corona Virus started making the world to be in a turbulent state of rest. America shut down in March 2020 due to the COVID-19 pandemic, there was a pervading sense that the situation was probably or hopefully temporary. After all, efforts were already underway to develop a vaccine. It was just a matter of time until normalcy would return.

But 17 months later, a return to "normal" is nowhere in sight. Frightening new mutant strains like the delta variant and the lambda variant have emerged, more infectious and possibly more dangerous than their antecedents. Early evidence indicates that, while existing vaccines stop patients from getting severely ill if infected, they do not prevent the infected from transmitting the disease. At the very least, it is theoretically possible that mutant variants could create problems for people who want their inoculations to be effective.

In other words, the vaccines weren't enough. Humanity anxiously awaited development of the first COVID-19 vaccines throughout 2020; now that those vaccines aren't enough to permanently halt COVID-19, it would appear that vaccine manufacturers are pivoting their strategy. But as to what they have planned, pharmaceutical companies aren't being entirely transparent — or perhaps they aren't sure.

"As SARS-CoV-2 continues to evolve, Pfizer and BioNTech are continuing our work to understand long term immunity, the need for booster shots, and any threat from circulating or new variants of concern to vaccine protection," a Pfizer spokesperson told Salon by email. The company said that the existing body of research and evidence suggests that the circulating variants do not escape their COVID-19 vaccine, adding that they continue to perform clinical trials at various stages for a third dose of their currently two-dose BNT162b2 vaccine, with possibly hopeful results. That vaccine, widely known as the "Pfizer COVID-19 vaccine," is effective in preventing COVID-19; two doses of it significantly strengthens the body's ability to avoid severe disease and hospitalizations.

The company also communicated to Salon that, broadly speaking, they plan on keeping tabs on emerging variants and waning immunity so that they can prepare new products if necessary. "It is, in part, why we chose a vaccine technology with the flexibility that allows us to both provide boosting doses if needed and to address potential changes in the virus," Pfizer explained.

The biotechnology in question is known as an mRNA vaccine, and it describes the type of inoculation developed by both Pfizer and Moderna (which did not respond to Salon's request for comment). Traditional vaccines work by introducing a weakened or dead pathogen (an organism that causes disease) into the body. The immune system becomes familiar with the pathogens by being exposed to them and, like a soldier participating in war games, learns how to fight a real enemy through training with a facsimile. More specifically, the immune system learns how to recognize antigens (a toxic or foreign substance on an antigen) and produce antibodies to destroy the pathogens associated with them.

https://www.salon.com/2021/08/12/vaccine-makers-future-strategy-delta/

[“A hundred thousand into year-end is pretty reasonable,” Lee told CNBC.]

The stock market could see a major upswing to end 2021 as a part of an “everything rally” sparked, at least partly, by falling cases of the delta variant, predict analysts a Fundstrat Global Advisors. Such a meltup in values could also see bitcoin BTCUSD reach $100,000, said Tom Lee, Fundstrat founder, in comments on CNBC Monday where he also discussed his “everything rally” research note.

“A hundred thousand into year-end is pretty reasonable,” Lee told CNBC.

“While the hysteria around the continued surge in delta variant infection continues to grow, the IHME (Institute for Health Metrics, forecasters used by global policy makers) forecasts USA COVID-19 infections to peak this week,” wrote Lee and company, in a research note published Monday.

“What is also interesting is the IHME is not forecasting a fall surge. That is, they are not expecting a renewed wave of cases in the fall. The fall is back-to-school season, plus the start of flu season. Yet, the IHME sees this wave petering out,” wrote the Fundstrat folks, adding that this emboldens their prediction for a broad rally of assets at the end of the year.

https://www.marketwatch.com/amp/story/bitcoin-has-a-shot-at-100-000-in-everything-rally-that-sweeps-up-stock-market-fundstrats-tom-lee-predicts-11628528245

I have seen many persons come here to lament of them losing one or two funds in trading which is very obvious and need questioning of how and where they learn there own trading skill from. I have had of a crypto traders that lost all his funds in one day because of market volatility. This happens frequently and I think there is need to recall where the cause could be from.

Yes as a trader, losing one or two trades is part of the game but sometimes losing everything that had been accumulated for weeks, months is very painful and there is need to know whether it's due to ignorance or insufficient trading skill. Acquiring sufficient trading skill is very important in trading which can also help to get good results.

I usually ask myself questions whenever I have consecutive loses in trading, trying to know where I'm getting it wrong. This had helped me many times to get more trading knowledge that had improved my entire trading.

Alabama doctor describes how sick COVID patients 'beg' for the vaccine but she can only hold their hand and tell them it is too late.
  
Medical staff member Gabriel Cervera Rodriguez raises his fist to celebrate after receiving the Moderna COVID-19 vaccine at the United Memorial Medical Center on December 21, 2020 in Houston, Texas. Go Nakamura/Getty Images
Amid rising cases of COVID-19, doctors are begging people to get their vaccines.
One doctor said, "it's a choice between the jab or death."
But anti-vaxx trolls are attacking these people online, making them nervous to speak out.

Whilst COVID-19 deaths soar in the USA amongst unvaccinated people, doctors have been pleading with people to get their vaccines. Dr Brittney Cobia, a doctor based in Alabama, made a heartfelt Facebook post  this week - sharing the potentially life-saving importance of getting the COVID-19 jab when offered.

"I'm admitting young healthy people to the hospital with very serious COVID infections. One of the last things they do before they're intubated is beg me for the vaccine. I hold their hand and tell them that I'm sorry, but it's too late.

"A few days later when I call time of death, I hug their family members and I tell them the best way to honor their loved one is to go get vaccinated and encourage everyone they know to do the same. They cry. And they tell me they didn't know. They thought it was a hoax."

https://www.businessinsider.com/covid-19-alabama-doctor-describes-how-her-patients-beg-for-vaccine-2021-7?r=US&IR=T

Bitcoin traded above a crucial technical level over the weekend for the first time since early May, after comments from Ark Investment Management LLC’s Cathie Wood and Tesla Inc. Chief Executive Officer Elon Musk helped boost its momentum.

The largest cryptocurrency rose above its 50-day moving average on Saturday for the first time since May 12. It rose again Sunday, its fifth consecutive day of gains, to as high as $34,609.

Bitcoin had looked to be in danger of further declines after it fell below $30,000 earlier in the week, a level widely flagged by strategists as potentially spurring further drops. But it got a boost when Musk -- at “The B Word” conference on Wednesday -- said he wants Bitcoin to succeed and that his space-exploration company SpaceX Inc. owns some. Wood said corporations should consider adding Bitcoin to their balance sheets, while Square Inc. CEO Jack Dorsey said the coin is resilient.

For the first time in many weeks we are seeing bullish signs here and expect Bitcoin to head toward the upper end of the $30,000 to $40,000 range,” Pankaj Balani, CEO of crypto-derivatives exchange. Options activity indicate that $35,000 could act as a ceiling for Bitcoin for July, he said, but added that in the next couple of months “Bitcoin should face little resistance between $35,000 and $40,000 levels.”

https://www.bloomberg.com/news/articles/2021-07-25/bitcoin-hits-key-level-not-seen-since-may-amid-wood-musk-boost?utm_source=url_link

D

Hello everyone...I don't know if the question I'm about to ask really make sense or not. I don't know if meriting a post without commenting on it is a sin here. Although I have not taken my time to research here but I think asking will be better for me since I have audience who can put me through.

If I merit a post without any comment can I be penalize for it?

I have noticed some things in this forum which I don't really know why it is so. I believe that creating quality posts and posting comments that has potentials of giving solutions and impacting knowledge to an op is of great importance here.

 I do see people being merited from other people's post even when the post has no merit. Some persons are so smart that, they we just attack the post Immediately without no good reasons rather than trying to correct the op and later get merited. Sometimes I know some posts are as useless as the op and it is not bad if a person get merit from it for good comment.

Why are comments being merited rather than the original post even when the post is of quality?
It happens here always and I think knowing the reasons would not bad.