Latest posts of: Argoo

Quote from: Kadal Ijo on November 01, 2021, 10:10:46 AM

No one can protect Bitcoin from market volatility, to be able to control volatility, of course it takes big money at least 51% of the current total marketcap, and I believe the price that occurs is purely from market conditions, namely supply and demand. but I'm sure the demand continues to increase and the supply is limited will make the price will continue to skyrocket.

Of course, we cannot fully protect bitcoin and other cryptocurrencies from the high price volatility of the market, but from time to time we can take certain measures in this direction. It is rightly pointed out here that one of these ways is to exchange cryptocurrency for a stablecoin, such as tether, when there is a possibility that our cryptocurrency may lose value. At the same time, it is the high volatility of the market that in many ways attracts its participants, allowing them to receive high profits with timely and correct actions. Therefore, high price volatility is both a disadvantage and an advantage of this market. You just need to know how to use it correctly.

Quote from: zaesvlas on April 20, 2022, 01:15:15 PM

I think that the Russians have taken up the issue quite firmly, and this simply will not be allowed. At least that's how I would like it to be.

Do you like Russia's tough approach in international relations? Then you can rejoice: Putin has decided not only to unleash the biggest war in Europe since the Second World War, but it looks like he is also going to unleash a world nuclear war. This cancer-sick old man already has nothing to lose, but human civilization as a whole has something to lose. According to the intelligence of some countries that are related to this war, Putin was going to move part of the nuclear potential to Belarus and from there to strike not only at Ukraine, but also at Poland, as well as Lithuania. According to the Kremlin, this should scare both Europe and the rest of the world, since the current military defeat in Ukraine has greatly humiliated Putin.
But the civilized world, and primarily the United States and England, is unlikely to be only observers this time. They predict that as soon as the first actions to move nuclear weapons from Russia to Belarus are confirmed, NATO will enter the war against Russia. The United States has a developed program that makes it possible to destroy any state, including Russia, in a non-nuclear way within one hour. In any case, the world can expect big upheavals. And in this case, it will no longer be up to bitcoin and cryptocurrency.

Quote from: Zanab247 on May 20, 2022, 04:26:43 PM

If Russian government can approve bitcoin to be legalized in their country,it will be a welcome development to Russian citizens to be part of this progress other countries that made bitcoin legal are enjoying in their land. It will really help the economy of Russian to grow faster so that their citizens will return back to bulling economy that will help them to recover all the things the war has destroyed in their country.

It is necessary to take a realistic look at Russia's current position in the field of finance both inside and outside the country, due to the fact that for more than three months Russian troops have been attacking Ukraine with all their might, almost completely destroying settlements and killing its civilians on their way. , and also taking into account the fact that almost the entire civilized world has united around Ukraine in an effort to punish the aggressor and applies unprecedented sanctions against Russia and its citizens for such aggression. Russia is increasingly isolated from the outside world and this is directly reflected in the financial sector.
The Putin regime is now trying in every possible way to maintain the appearance of the ineffectiveness of the sanctions, and thereby drive their payment system into a big dead end. Many wealthy citizens leave Russia, no longer seeing their future in this country, which is thrown back in its development for many decades. The Russian government is trying to prevent the flight of capital from the country. Therefore, they definitely will not legalize cryptocurrency for the population.

Quote from: ilovealtcoins on May 20, 2022, 04:46:51 PM

Quote from: platinumsteel2016 on May 19, 2022, 06:13:10 PM

When I purchased early on, the price for a btc was $11,000 . a few months ago, I can recall the price level
was $63,000 . I just knew that it was going to hit the $100,000 mark...Now as of today its $30,180

What is going on??? Also, can anyone predetermine if the btc will reach the $100,000 and is the btc
worth the investment...An educated guess, is acceptable!

If you buy bitcoin for 11k and then you see it went up to 63k even $69k if counting ATH. So what worries you is that it won't hit $100k in the future and it's not worth the investment. You should remember that no market goes up forever without falling, current volatility is a regular occurrence in financial markets in general.

Bitcoin will definitely hit the $100k, but no one can tell you when it will arrive, be patient and wait. It will definitely come.

Any predictions about whether and when bitcoin will hit $100,000 will remain only predictions based broadly on its previous price history. But what happened in the past will not necessarily be repeated in the future. Cryptocurrency is subject to so many risks and too many factors of our reality affect its price. Also, the attitude of the leading states towards it will continue to influence the cryptocurrency market, first of all. So far, the final attitude of states towards cryptocurrency has not been developed. Predictions in this regard are useless. Cryptocurrency is a completely new phenomenon in the financial sector and we are all here at our own peril and risk.

Quote from: dhru9 on May 13, 2022, 12:46:59 AM

I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.

In my opinion, it would be more correct to decide at the end of the bull season to convert their tokens not into bitcoin, ethereum and solana, but into stable coins like tether. Now the entire cryptocurrency has fallen in price at least twice and therefore it would be very profitable to buy bitcoin and ethereum that have fallen in price twice for a stable coin.
Although the main task of any trader and in general the holder of cryptocurrency is to buy cryptocurrency at the lowest possible price and sell it at the highest possible price, due to the unpredictability of prices in this market, few of us succeed.

Quote from: Ale88 on May 25, 2022, 04:03:59 PM

Quote from: 9thsky on May 21, 2022, 05:40:18 PM

Have we ever experienced this kind of downtrend before?? What's the latest on how long this might last, or if it's even going to recover.

How long have you been in the crypto game? This bear market until now it's not even that bad, years ago we had a way way worse bear market that laster years, if you can't handle it right now maybe it's better that you take a little time off the crypto for your health because things could get even worse.

Yes, it is quite possible that this is not the price bottom yet. There are forecasts that the cryptocurrency can also fall by about 40-50 percent even longer. There was already a similar drop in the first half of 2018. But then the bearish period lasted one and a half to two years. I don't think it will happen again. I think that in the autumn the cryptocurrency will gradually recover and will continue to grow. But summer will still be about the same. But in any case, it should be remembered that the cryptocurrency market develops cyclically and a big drop will be followed by a big rise.

Quote from: Rabi3 on May 23, 2022, 11:09:41 PM

Quote from: moviestar on May 14, 2022, 03:51:42 AM

Is it a good time to put some money into eth, or is it falling more?

I don't think it's going to be falling more than this in this summer, by contrary, I believe it will go up to at least $3000 mid June, it may even go higher, if you have a big capital you could get a good profit if it goes from $2000 to $3000.

PS: it's better to do your own research of course, it's just an opinion.

During the summer, we almost never saw a good rise in prices in the cryptocurrency market. Moreover, this is unlikely to happen this summer, with such a large fall in this market. But given that, with the general fall in prices, ethereum has now fallen in price just below $ 2,000, and by the end of summer it is supposed to complete the renewal of this network, which has been going on for the second year, now is a very good time to buy this coin.
Ethereum has always been a worthy investment in the cryptocurrency world, and after the upgrade, it will significantly strengthen its position across the board. This is an old, proven coin with great features and is much more reliable than many of the new ones with their price ups and downs.

Quote from: Dunamisx on May 20, 2022, 04:57:11 AM

Quote from: thaylonramonn on May 19, 2022, 09:25:14 PM

Is it possible for him to become that rich in such a short time

Yes nothing is impossible with bitcoin when it comes to financial investment, El-Savador whole story about debt might have been cleared right before that eight years you thought, one thing with bitcoin as an investment is that it secures the future for you, there's no how you could make an investment in bitcoin over a long duration and never have a reason to smile at the end, it appreciate, its a digital good store of value, its an investment asset, its secured, its anonymous, if you look at the the history from how it all started from 2009 till date then you could get more conviction that El-Savador or you could achieve a big dream with bitcoin adoption and investment.

Finances on their own mean almost nothing. The basis of the development of any state is its economy. Material goods should be created in the country, all branches of the economy should develop, and gross domestic income should grow. And any currency only serves this process. Therefore, little depends on bitcoin in El Salvador. Without a proper organization of the growth of economic development, no currency will save El Salvador. Everything needs to be dealt with as a whole. Bitcoin can eliminate the shortcomings of the previous currency, although it is also not perfect. But it cannot replace the country's economic development.

Quote from: mk4 on May 23, 2022, 03:00:01 AM

I've been somewhat of a huge advocate for using a small denominator as well. Specifically, sats. Yes, 1 sat is around like $0.0003, but it'll probably be fine in the long term.

People seem to be naturally attracted towards 'cheap' prices. The same reason why the likes of DOGE, SHIB, ADA have gotten so much attention from retail noobs — because of their decimal price.

One bitcoin contains one hundred million satoshis. When it was created, Satoshi Nakamoto himself did not know how popular his bitcoin would be and therefore, I think, played it safe by including such a large number of bitcoin components. Given the limited number of bitcoins, this is a very far-sighted decision. In this regard, we can not worry that someone will not get his treasured part. In addition, it is also convenient when using it if it will have a very high price.

The YOUengine telegram team stated that they are not running any bounty campaign at the moment. This is a fraud.

In any case, this thread was created back in 2018, that is, four years ago. Periodically, such topics are discussed and they are really relevant to this day. The regulation of the circulation of cryptocurrencies by the states is inevitable and it will continue for a long time. But it is unlikely that we need to be afraid of a complete ban on cryptocurrencies. So far, we see dissatisfaction with a cryptocurrency that uses the PoW algorithm, but no more. At the same time, over the past four years, cryptocurrency, on the contrary, has strengthened its positions more strongly and states are already forced to take into account the influence of their holders.

Quote from: suryana on April 25, 2022, 12:28:07 PM

The sanctions received by Russia will certainly have an impact on the economy in the country and the transfer to digital currency carried out by Russia will certainly make bitcoin indirectly have a very positive impact on the survival of bitcoin considering that Russia is a large country on the European continent.it would be a very good thing for the survival of bitcoin if the country had shifted to the crypto world, and we as miners also really hope that this adoption can make the bitcoin price stable again as soon as possible

By what signs did you see Russia's transition to cryptocurrency? I am sure that there will be no improvement in the use of cryptocurrency for the citizens of Russia. The Putin regime is now taking all possible measures to prevent the flight of capital from Russia, which will inevitably happen anyway. Now Russians are massively buying real estate in Turkey in order to protect their capital from sharp inflation in their country, and even in order to obtain a passport of a Turkish citizen. There is a law there that if a foreign citizen has purchased real estate in Turkey worth more than 250 thousand dollars, then within three months he has the right to obtain citizenship of this country. From Russia, many will now go abroad, because over time this country will more and more turn into another North Korea.
Of course, some Russian citizens will try to protect themselves from the problems that arose after Russia's military aggression in Ukraine with the help of cryptocurrency. But in general, the population will sharply become poorer and this will not contribute to the strengthening of the cryptocurrency in this country.

Quote from: Jawhead999 on March 01, 2022, 03:57:52 AM

Quote from: OgNasty on February 28, 2022, 07:10:05 PM

Bitcoin can’t fail. It has already succeeded. Blockchain technology is out of the bag and people have a new way of fighting financial oppression in the digital age. So even if Bitcoin’s price goes to zero, it will not be a failure.

Though technology is the main objective why Bitcoin is succeed, but I don't think Bitcoin will survive if the price goes to zero. That's mean no one is interested with Bitcoin anymore and no one is using Bitcoin for anything, not even enough to buy a candy. However I tend to agree Bitcoin can't fail, even there's a new currency with better technology to compete Bitcoin, at least Bitcoin's price will decrease but goes to zero.

Is bitcoin identified here with all cryptocurrencies? If not, then we forget that there are many more altcoins, and some of them have pretty good features to become a means of payment. At the same time, bitcoin has not become a common payment method because the vast majority prefer to expect a significant increase in its price. At the same time, this is what increases the demand for bitcoin. There are two main possible scenarios here, and both of them are not in favor of bitcoin. Either the price of bitcoin will continue to grow for a long time (which I doubt) and then bitcoin will never become a common means of payment, or at a certain stage its price growth will stop, after which it will fall sharply in price to the level of the rest of the cryptocurrency.
Whatever happens to bitcoin, the cryptocurrency will continue to evolve.

Quote from: gantez on May 13, 2022, 04:02:32 PM

YouTubers are there to make money remember so they pump coins that they hodl in large quantity to gain more profit from you because you buy the coins and it will increase in value to give new profit margin to them. If you listening to bloggers or YouTubers you are for great mistake. Do for yourself what is the best for you.

How can you listen to the opinion of those who on YouTube talk about some new cryptocurrency project and urge you to invest in it? We see how in the bounty campaigns there is also the completion of tasks on YouTube. The team of the new project pays their tokens for a good video on YouTube with an advertisement for their project, and they give recommendations on what to say and what material to use. They can say whatever they want, telling how high the new cryptocurrency of this project will soar in price. But we ourselves must critically evaluate everything, and not trust the words.

Quote from: MinMan on May 02, 2022, 01:31:14 PM

Well, that’s just it; I think the people are only ready to fully accept whatever the government accepts as the legal tender. If the government in a country should accept Bitcoin as a legal tender, and remove their fiat currency (which has been the first and the original legal tender used for exchange of services and goods), then people will quickly adopt that.

But, as long there continues to be Fiat, people are not ready to fully adopt Bitcoin, it’s still going to be an asset or an alternative whenever they feel like using it.

Even if governments abandon their national money in favor of cryptocurrencies, I do not think that then citizens will quickly switch to using cryptocurrencies. There are still many problems here, and some of them are quite difficult to solve. However, states will never abandon their fiat currency. It is not even worth dreaming and fantasizing about. Cryptocurrency can only walk in society along with the fiat of states, and at the same time fiat will always be the leader. States have been a form of our social structure for many millennia, and for the full functioning of the economy, each state needs its own currency, which it can control. Other forms of payment can only be alternative.

Quote from: BOAEDAN on May 06, 2022, 04:12:43 AM

Quote from: livingfree on March 14, 2022, 09:24:53 PM

You're ready to go all in but the world isn't.

It's still the reality that has to sink in that the world is not yet fully adopted to cryptocurrencies. Even we're all for that but how are you going to buy your goods and needs in a supermarket if they're not yet accepting bitcoin?

That's just the simple logic and reasoning that you have to think of. There's still a lot of stores that are not aware of it especially stores that sells our basic needs.

true as you said, even though we are ready to enter crypto, but the world is not ready to do all that, even though we have everything and have advantages but we still lose, because the one who holds the world economy is the government, if we fight the government it is certain we will lose, I personally think it's better if we run what is already there, because in my country crypto shops are still very difficult for us to find, because many people still don't understand crypto.

Everyone can now refuse to use fiat and switch to using cryptocurrency. But I don’t think that with the current level of cryptocurrency distribution, this will be convenient. In addition, it largely depends on the country of residence, place of residence - rural areas, small towns or large cities and other factors. For the normal use of cryptocurrency, the necessary additional technical conditions are needed, and this is not available everywhere. Cryptocurrency should gradually enter our world, revolutionary solutions will only hurt it..

Quote from: husdemba on May 09, 2022, 07:16:49 AM

Thanks to news like this, the Bitcoin bull is about to come. This news hasn't had much impact on Bitcoin, but if it's true, it will be great for Bitcoin.
If this war continues, Russia may take radical decisions in the field of economy. Bitcoin will definitely have a place among these radical decisions

In Russia, statements of this kind are periodically made, but in practice, in the end, it is done quite the opposite. Now this country has one of the worst crypto-currency laws and I don't see that it can really change for the better.
Now the situation is much worse there. The Putin regime is taking every measure to slow down the impact of sanctions for military aggression against Ukraine. Including everything is being done to prevent the leakage of currency abroad. And the free-floating cryptocurrency will contribute to its uncontrolled export. Therefore, the tightening of its circulation is possible, but not its acceptance on a national scale. And the cryptocurrency will not save Russia from sanctions anyway. There has already been a corresponding statement from the Central Bank of Russia about this.

Quote from: hatshepsut93 on May 15, 2022, 11:08:12 PM

Satoshi created Bitcoin, but he's not the only one who was developing it. Since the release and Satoshi's disappearance, lots and lots of other people were working and are still working on this project. And Bitcoin is an open source project, no one found any malicious backdoors that could be used to suddenly take full control over the protocol or something. So, from a technical point of view, it doesn't matter who Satoshi is.

The worst thing that can happen is a severe reputation damage that wound hinder the prospects of adoption and price growth.

It seems to me that no matter who Satoshi Nakamoto is, this cannot affect our attitude towards bitcoin. We value bitcoin not because of the personality of its creator, but because of the benefits that it gives ordinary people when using it. Even if Satoshi Nakamoto turns out to be a bad person, which I doubt, it doesn't change anything. Moreover, what we know about him does not give us any grounds for making such a statement.
Given that it was he who created bitcoin, I don’t think that by some of his actions he can intentionally harm bitcoin, including by simultaneously selling all his bitcoins. In addition, such an act only for a while will lead to its price drop.