Latest posts of: Assface16678

For advertisement, twitter is a great social media platform to introduce bitcoin specially for those who are not knowledgeable, those who want to start but afraid, and wanted to share their knowledge to others. Slowly, people will be interested as they can see it everyday in the platform although they can just ignore it too. But if individuals started to buy/hodl/trade the price of btc thus increasing the price of btc.

Expected because you can't suddenly get out of this specially if you hold a big amount of money to it and if you are eager to continue what you started you will eventually do underground techniques. I also think that they will launch their own crypto for the citizen to use.

Some of the investors are only focused on profiting, specially those who have big investments. They are not willing to explore what other things BTC can do but we can't blame them because most of those who started here thinks of profiting in the future.

We don't need to seek everyone's appreciation in order to use BTC. Due to its decentralization, some countries are still against it and some are just allowing it without any care to it. its been a year a country now is using it as a currency not only that but some part of other country is using it for salary to its workers.

Miners do buy at low price and sell their mined btc and the one they bought at high price. The bearish may come with other reason but I do think that what I mentioned earlier are what the miners are doing.

I don't think they will ban it for now because there are gaining from btc. Rather if they ban it they will just regulate it, unlike China who likes to control its people and in order to do this is to restrict them from using other fiat.

I don't live in China so I live the way I used to. And also the banning of BTC in China is not new, they already did this multiple times and so I have this immunity of not giving thought about it. Also the fud that it causes is natural for me now and doesn't cause any panic.

Although BTC is non tangible, but those who knew that you own btc can be a big problem for you in the future. Always be lowkey when talking about your earnings. Doesn't matter if they feel suspicious but tell them if they are willing to learn. Btc maybe in tangible but you need to take note that you need to protect yourself, privacy is the key to it.

Both can be seen that way as most of the people buy and use it for trading or they are holding it and will trade eventually if the price spike up. It can also be seen as a currency, some of establishment/country accepts it as payment. So I don't think you need to stick in one side rather see btc as a whole and its possibility to be use.

They are the one who approached me and then they started to talk about BTC. It's funny cause while they are discussing I'm sharing what I already knew. They are astonished to what I knew, then I started adding ideas on how to use it wisely. Then they got interested deeper and today they are investing to different alt coin beside BTC. Many of them also started investing in crypto games and other nfts.

I don't think its a waste because you will earn from mining and eventually it will circulate as you use it to buy goods/ pay bills. There is no difference from playing games and mining, it depends on who will perceive those two. Both are beneficial for those who can afford/ do it.

They are making opportunity for themselves with this ban, making sure that the market will crash and buy at low price. They are just repeating what's already done and this time for sure people will just neglect what ever they will do next. People should learn from this as it will create a doubt for those who wanted to start crypto.

They are just linking it to crypto in order for the government to control crypto. Yes, there is a possibility that the ransomware attack is due to hackers wanting to know your data/assets and holding it for you to pay but lets think outside of it. Crypto or not, ransomware will happen if your computer didn't have enough protection and if you are negligent.

With bitcoins volatility it is hard to accept it for now as a legal tender. But if you are not willing to invest on it and will sell it too if gained then it is also a good choice for you. Having a multiple option will result to a good decision.

The risk of speculation is a good opportunity for those who are researching well and studying the growth of btc. However, the risk of losing is high because no one knows what will happen today and to the future of btc but some of it uses this to profit big time.

For me, its kind of addicting to see your savings getting a profit each day. I think I'll never quit using crypto and beside no matter what bad experiences I get, I just move forward and fix my mistakes. I think problems are also part of investing in crypto and if you have a mindset of getting things right, all things will surely be right. With efforts in researching crypto you can make another run again in this.

Quote from: onecall123 on September 24, 2021, 02:45:04 PM

It does not matter that the Communist Party of China does not recognize crypto. It is accepted by the rest of the free world. Although they are intelligent and well-reasoned, they have something planned for the future. Their crypto ban is meant to ensure their population relies exclusively on their central bank's digital currencies. Are there any limits to how many times China can say it has banned or will not accept cryptocurrencies? Like people say, China does this all the time in order to manipulate the market more so they can buy up at lower prices. It won't last for long.

The government is afraid of what they cannot control so in order for it not to spread furthermore in there country, they immediately ban it. Also, as mentioned, they keep on manipulating the market price. Its so hard to do things when the government is watching what ever they are doing. People will get tired of this news eventually and neglect it.

I think what happens is that when that news reoccur again, a dip/crash will happen, its an opportunity for those who have funds to buy the dip. Its happening always, when a fake news resurfaces. Again, this time it happens and in a few weeks/months the price will rise again and those who panic sell will lose big time.

BTC is the most secure crypto asset today, the only thing that you will lose it is by getting hacked in your wallet account holding it. Beside, there are multiple holders that didn't even think about being breached how ever they are more concern in the price of btc today. Price manipulation maybe, but the whole thing I think not.

This is inspiring for those who are afraid to start investing high value of their money, instead they can copy your style and they should never looked back at the price they started buying it instead hold it for future purposes or save it if you don't have anything to do with it. I hope new investors have a mindset like you. Best of luck further to your savings.