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1061
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Bitcoin / Bitcoin Discussion / Re: It's never too late to start
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on: January 14, 2022, 07:35:51 PM
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I have always say it is never late to start anything . When ever you think is the best time just start with good zeal and full preparation and readiness . Starting with a good dedication and being focus is what matters. Been equipped when Starting is the best well to start , Starting without learning and having knowledge can be a waste of time.
We do not know how much longer the cryptocurrency will develop and how long it will still exist after that. It is quite possible that there will be enough work in this market for our children and grandchildren. Therefore, it will not be too late to join it for at least several decades. |
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1062
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Bitcoin / Bitcoin Discussion / Re: Pakistani Central banks wants to ban crypto
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on: January 14, 2022, 07:24:40 PM
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We have repeatedly seen that the prohibition of cryptocurrencies in a single country or even several countries cannot affect the spread of cryptocurrencies in the world. Pakistan has previously been hostile to cryptocurrencies. Therefore, the prohibition of cryptocurrency in this state will change practically nothing for the cryptocurrency market.
It will be bad for cryptocurrency if such a decision is made, say, at the G20 summit. If the ban exists in all these states, then the situation for the cryptocurrency will even be difficult to predict.
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1063
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Bitcoin / Bitcoin Discussion / Re: Will bitcoin ever get regulated
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on: January 14, 2022, 06:25:43 PM
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And who told you that eo is not regulated ... We all watched how whales and manipulators in the market collapsed bitcoin to a price of $ 42,000, is this not control over it. Any structure has its regulators, in this case, the regulators are manipulators and whales in the market.
Well I can't refer to whales as regulators because they don't have direct control over the market and the whale can only influence the market for just a single time and if he is out of Bitcoin the power is gone but a regulator is a policymaker that makes a law that determines the direction the market will go so whale are just big bag holders. In fact, you yourself answered your own question about the possible regulation of bitcoins and other decentralized cryptocurrencies. The legalization of cryptocurrency by the state without fail includes determining the legal status of cryptocurrency in the state, the conditions and procedure for its circulation on the territory of the state, and the procedure for possible taxation. If the order and conditions of circulation of cryptocurrency is its regulation, then such regulation will be in any case in every country. In this case, we do not say that the state will make changes to the cryptocurrency software, this is impossible to do. |
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1064
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Economy / Economics / Re: U.S. Contemplating Isolating Russia from SWIFT Banking System
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on: January 13, 2022, 06:24:55 PM
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Under all these issues there is an underlying belief from Russia or at least a large part of the Russian people that the USSR was de-facto Russia controlling all the republics under an illusion of partial decentralisation and also that now, even though the USSR does not exist as such, countries such as Ukraine and other are still a satellites of Russia and their citizens have nothing to say on regards of how they are run and how they want to play their international relations. This is a wake up call for the despots.
A very peculiar point of view. Why do you think that Ukraine is a satellite of Russia? Ukraine has been a sovereign independent state for thirty years, which is completely independent of Russia. Especially now, when a hybrid war has been going on between Ukraine and Russia since 2014 after Russia seized part of the territory of Ukraine through an armed invasion and killed about 14,000 Ukrainians on the territory of Ukraine. Therefore, today in Ukraine any ties with Russia as its enemy have been reduced to a minimum. |
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1065
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Economy / Economics / Re: Peter McCormack: 'Bitcoin has WON the war on money'. Do you agree?
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on: January 13, 2022, 06:06:05 PM
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Bitcoin has not yet become full-fledged money, that is, it has not become a means of payment widely used in society. Repeated surveys, including on this and other similar forums, have confirmed that bitcoin is extremely little used to buy goods and services. Under such circumstances, it is still too early to even imagine that it will be able to surpass the currency of states and gold as money. And the cryptocurrency is not able to do this. The states will never allow this.
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1067
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Alternate cryptocurrencies / Altcoin Discussion / Re: Should we sell all crypto now?
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on: January 10, 2022, 05:06:52 PM
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All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?
It was possible to sell our cryptocurrency at the beginning of the fall, when its price was still relatively high. When the price has dropped significantly, there is no point in selling it, especially the one that we consider promising for further growth. Any period of the bear market will end and the cryptocurrency will go up again in price terms. You shouldn't sell yourself at a loss now. This is not the best time to sell. |
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1068
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Alternate cryptocurrencies / Altcoin Discussion / Re: What are your altcoin predictions for the new year 2022
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on: January 10, 2022, 04:58:40 PM
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What I think is the trend that will be popular in 2022 is NFT and Metaverse. NFT has a good concept this concept brings cryptocurrency on a long trend. Metaverse may know him by the end of 2021. I think this year will start a lot of metaverse-related projects coming up soon.
In the coming 2022, new interesting coins and tokens will surely appear that will be in demand. Altcoins are developing very quickly, so it is possible that even new directions in cryptocurrency will appear again. Our hopes could be undermined by the current fall in prices, if it drags on for a long time. But in general, I am optimistic about the cryptocurrency market. |
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1069
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Economy / Economics / Re: Possible market crash in the near future?
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on: January 09, 2022, 08:51:09 AM
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It's hard to really consider the whole market crashing because these cryptocurrencies are somewhat independent from each other I mean there's a lot of tokens and cryptocurrencies out there that have crashed or have been rugpulled but the whole market is still intact so I don't see how a total crash as you're implying in the market is going to happen in the future.
If someone finds it difficult to imagine what the picture will look like when the cryptocurrency market crashes, they can now look at the CoinMarketCap table. Virtually all cryptocurrencies are in red, with weekly declines averaging around 20 percent. Bitcoin price is now $ 41,688 and ethereum $ 3,119. If we see a change in prices in green, then they are, as a rule, for today and then, within one percent. However, we know that any price drop is only a stage in the development of the cryptocurrency and there will definitely be a rise behind it. |
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1070
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Economy / Economics / Re: Will crypto lead to the next financial crisis?
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on: January 09, 2022, 08:30:18 AM
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Cryptocurrency cannot yet even theoretically lead to a global economic crisis. States are watching this rather closely. Therefore, at the recent summit of the G20 countries, they considered the impact of cryptocurrency and came to the conclusion that it does not yet pose a threat to the stability of the global financial system. If they further acknowledge such an impact, then the measures against the cryptocurrency will be quite tough.
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1071
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Bitcoin / Bitcoin Discussion / Re: You Think Bitcoin Save Your Economy
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on: January 09, 2022, 07:42:48 AM
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Definitely Not! Bitcoin will not change the economy because some countries still does not accepted crypto as a currency.
Even if all states accepted bitcoin as a means of payment, this would still not significantly affect their economies in the direction of improvement. Decentralized cryptocurrency, like any currency of states, cannot create material values, it can only redistribute them. Cryptocurrency provides us with a good opportunity to evade general financial control over people by states and their governments and be an effective means of payment along with the current state payment system. |
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1072
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Economy / Economics / Re: BTC: is it really bearish?
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on: January 08, 2022, 02:26:45 PM
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You missed the fact that not everything can be seen on the graph.
There are many more factors that could affect the price movement that you cannot see on the graph alone. People are saying that bitcoin is now bearish because they are based on the previous trend where after a bull run a bear market will dominate and it looks like we are in the same scenario now.
What you believe now is always up to you, besides, it doesn't guarantee anything so we just have to follow what we think would happen based on our personal analysis, not on the so-called "experts" in the space.
Charts take into account only technical analysis, that is, one of many scenarios for the development of events. If humans were machines and their behavior could be predicted, then these graphs would be much more accurate. However, market participants are acting chaotically. The decisions we make from time to time depend on many factors, including our emotional state. And it changes frequently. What we do in one case, in similar situations, but later we do not do that. This is how we differ from machines and therefore technical analysis cannot be taken into account. |
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1073
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Economy / Economics / Re: If the government loses control of the financial system, we have a fall back
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on: January 08, 2022, 01:57:50 PM
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In general, Turkish President Erdogan did the right thing by urging his citizens to keep their savings in the national lira and use it for financial settlements. This will strengthen the national currency. The economy of each state is a very complex mechanism; there cannot be simple solutions.
Bitcoin should always be a fallback and nothing more. Anyway, until his current problems are resolved.
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1074
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Economy / Economics / Re: The crisis in Kazakhstan. Entering the occupation troops. Impact on the crypto
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on: January 08, 2022, 12:55:03 PM
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As you probably know, the other day there was essentially an overthrow of the government in Kazakhstan. The reasons are internal global discontent, rising prices, and problems accumulated and not resolved for decades. Plus, not wanting to leave the presidency, the current president decided to "invite" foreign servicemen to his country and give them the right to kill with impunity the local population who want changes in the country and simply want to live a normal life. The massacre has already begun, and the Kazakhs and the invaders have already died. The occupation troops are regular units of the army of Russia, Belarus, Armenia. This is an introduction to the situation.
In essence, the topic is Kazakhstan, after difficulties with crypt in China, part of the mining farms migrated to Kazakhstan. A week ago, Kazakhstan owned approximately 15% of the world's mining capacity. Now the situation is destabilized, a military invasion, which will definitely lead to massive confrontations and destruction, can lead to a halt in mining in the country (the Internet is almost massively disabled). what do you think - what are the consequences of this conflict, in the regional economy, in the world of the crypt?
Why you mentioned it as an invasion! Army of Russia is trying to occupy the country? As i know current president ask for help from Russia so they send troops to get situation under control. I am not judging that Russia have done that right or wrong but we surely can not say that as an invasion. Now it became really Messi for bitcoin miners. First china then iran now kazakhstan. They have only 15% of total mining force but still it shake the whole markets. All the same, this should be regarded as an invasion of the territory of Kazakhstan by foreign troops. According to the Collective Security Treaty, member states of the treaty can ask other participants to provide military assistance only in the event of an external military invasion. In this case, the President of Kazakhstan did not have the right to ask for military assistance; in order to preserve his power, he violated the Treaty and, in order to resolve internal conflicts, requested the introduction of troops of foreign states into his country. Russia and other countries that signed the Treaty had to deny the President of Kazakhstan an illegal request. However, it was beneficial for Russia to do this, since in the future Kazakhstan will be completely dependent on Russia. For the entry of 3,000 of his soldiers into Kazakhstan, Putin has already put forward a number of political demands, including the recognition of the legal annexation of Crimea, the construction of Russian military bases on the territory of Kazakhstan, certain benefits for Russian citizens, and others. Therefore, Russia will not withdraw its occupation troops from Kazakhstan at all. Russia illegally introduced its troops to Kazakhstan and already now does not intend to withdraw them. Isn't this an occupation? |
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1075
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Economy / Speculation / Re: Elsavador President Predicting $100,000 Bitcoin price looks like another joke
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on: January 06, 2022, 07:13:34 PM
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Everyone has the right to express their point of view. Unfortunately, Naib Bukele is not Elon Musk. Naib Bukele's words did not have the same effect. Rather, on the contrary, the price of bitcoin has dropped dramatically over several days of the new year.
No one can know if bitcoin will reach a price of one hundred thousand dollars and when it will. Bukele's words should be taken simply as a New Year's wish.
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1076
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Bitcoin / Bitcoin Discussion / Re: Bitcoin 13.4% Drop As Result of KAZAKH Government Resigns.
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on: January 06, 2022, 06:03:01 PM
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We’ve been in a descending channel ever since we hit 69k back in November. I think it’s just a gradual move in to a bear market. I don’t think Kazakhstan has anything to do with it. This is how bitcoin works in these 4 year cycles. Next bull market starts 2024.
I also think that the events taking place in Kazakhstan have nothing to do with the current drop in prices in the cryptocurrency market. The price dropped significantly before the New Year, when everything was still calm in Kazakhstan. The Internet in this country was disconnected for only eight hours. A short-term drop in the bitcoin hash rate could not affect its price so much. We will see a bullish rise in prices in this market later this year, as there is no serious reason for its prolonged decline. |
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1077
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Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🧞💜[BOUNTY ALADDIN] 🔴Bitcoin 2.0 (XBTC2)🔴$100 000 Pool/Escrow🤑🔥
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on: January 04, 2022, 09:13:56 PM
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Week#: 2
Signature Report:
1. Link on posts 1:https://bitcointalk.org/index.php?topic=5379210.msg58861841#msg58861841
2. Link on posts 2:https://bitcointalk.org/index.php?topic=5379218.msg58861759#msg58861759
3. Link on posts 3:https://bitcointalk.org/index.php?topic=5366380.msg58877268#msg58877268
4. Link on posts 4:https://bitcointalk.org/index.php?topic=5376860.msg58884996#msg58884996
5. Link on posts 5:https://bitcointalk.org/index.php?topic=5368452.msg58888610#msg58888610
6. Link on posts 6:https://bitcointalk.org/index.php?topic=4490176.msg58889039#msg58889039
7. Link on posts 7:https://bitcointalk.org/index.php?topic=5283374.msg58884855#msg58884855
8. Link on posts 8:https://bitcointalk.org/index.php?topic=5378400.msg58885140#msg58885140
9. Link on posts 9:https://bitcointalk.org/index.php?topic=5379541.msg58888835#msg58888835
10. Link on posts 10:https://bitcointalk.org/index.php?topic=5378697.msg58892653#msg58892653
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1078
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is ethereum still a viable alternative to Bitcoin?
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on: January 03, 2022, 05:42:55 PM
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Both ethereum and Bitcoin are at a stable price right now, ethereum still maintained its almost 4k price and bitcoin rely on around the 50k region but those investors looking for quick profits are looking for better options between the two so should one remain with Bitcoin or should look for another option like ethereum so what will you advise for a new investor.
It's not really "alternative" as they have build something completely different from each other. If you are looking for upside, you should look at the marketcap, and that has way more room to go then bitcoin. After eth 2.0 really starts to have an effect with speed and cost, eth will most likely flip btc marketcap. Before that it's just gambling with a coin that's too expensive to even use. It looks like it will. The more the price of bitcoin rises, the more difficult it will be for its holders to make a profit, because it will be much more difficult for him to increase the price several times, as it was before. In this regard, ethereum still has a large reserve, since its price is relatively low. In addition, altcoins are developing quite quickly and attract investments that were previously usually intended for bitcoin. In this regard, the level of his dominance is steadily declining. Already, the dominance of Bitcoin is 39.6 percent. If the ethereum network upgrade succeeds, the popularity and value of this coin will skyrocket. Therefore, I am investing more in ethereum for now. |
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1079
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Economy / Economics / Re: Why all people moan about the price of bitcoin?
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on: January 03, 2022, 11:10:59 AM
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With any price movement of bitcoin, significant rise or fall, people will always be unhappy with its price. Some, as always, will not have time to buy at its low price and will be unhappy with its price growth, others will always expect it to grow even more than it reaches. This is a normal natural process and here, as always, you need to act wisely.
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1080
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Alternate cryptocurrencies / Altcoin Discussion / Re: The faith of Altcoins in 2022
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on: January 03, 2022, 10:39:21 AM
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the speculated growth of altcoin prices are just not met last year. high hopes still for many of us who kept holding the coin we believe to have good value. but it's the only the top coins are gaining. there are some that really went high but in the last 3 months, it depreciates that a holder will likely lose faith.
if there is a bull run still this year, it may likely still be the same as the last, and it's BTC which will still appreciate thoroughly.
Of course, the potential for altcoins remains enormous. Without any doubt, they will surprise us for a long time with their diversity and their useful functions. We see that little by little their total capitalization is growing and therefore the percentage of Bitcoin dominance is steadily falling. Even at its highest prices in 2021, bitcoin dominance was at just over 40 percent. I think this process will continue in the future. |
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