If it's a spot Bitcoin ETH, it might make the price of Bitcoin reach it's previous ATH faster than everyone would've thought.
I just watched a video hours ago regarding ETF's.

It said on that video that the best example on what could be the effect of a spot Bitcoin ETF is the first Gold spot ETF that has been accepted many years ago. Before that, the price of Gold was at around $400 per ounce. After it got accepted, the price of Gold went from ~$400 to around ~$2000 in just a span of 7 years.

If Blackrock's filing for spot Bitcoin ETF will get accepted by SEC, I'm pretty sure that it will have the same effect as when the Gold spot ETF was accepted, and the good thing is that I expect that it will be faster that's why I expect Bitcoin to reach it's previous ATH of ~$69,000 way earlier, and when I mean way earlier, it might happen a few months before the halving. Now to answer the question, yes it will be a bullish because investors see this as a good thing and when there's a good thing happening with the market, people tend to buy more thus, increasing it's price.

The problem right now is Gary Gensler who is holding these spot Bitcoin ETF's, but on the other hand, of all the 550+ number of ETF's Blackrock has filed, only one got rejected. Still the chances of it to be accepted would be 50/50 so anything can happen. Overall, this filing would have a huge effect on Bitcoin's price, and the whole crypto market as well.

It's good that I saw your post because I will also play as the devil as well because as much as I want to see people investing into Bitcoin, I don't also want them to go all in into Bitcoin, investing all of their money, selling their belongings just to have money to invest into it, and just hoping that they'll get profit into it.

I mean there is nothing wrong with investing into Bitcoin, but at least learn it. Learn the risks. Learn how it's price moves because sometimes, newbie investors are getting overwhelmed once they see their crypto portfolio down double digit percentage in just a span of 1-2 days. People see Bitcoin as like the solution for their financial problems. People see Bitcoin as like the solution to their poverty where in fact it isn't because it wasn't created for that reason.

Bitcoin is the way? It might be, but it isn't the "only" way to prosperity. There are many assets that can give you profits as well. It would be better if you just diversify instead of just putting your money into one asset class. Always invest in long term if you want to make profits with Bitcoin.

How sure are you that they will made money if they would've invested their money into Bitcoin? Investing into Bitcoin = gambling if they don't know it. Yes we can inform them as well, but the question is, are they interested in learning it? There is a potential that they can earn money investing into Bitcoin yes, but do they like it? Or they would just prefer gambling their money. Like you, we also so lots of people losing their money in gambling as well.

We have a neighbor who got addicted into gambling as well, and now he's having a hard time sustaining his daily needs, and it came also to a point where he needs to beg to other people just to have something to eat.

Like what I said, joining this forum would be useless if they aren't interested in Bitcoin at all. If they are then they can join here, do research, and learn. There are lots of information here where they can learn anything about Bitcoin. On the other hand though, joining here in the forum doesn't guarantee that they will stay away from gambling.

With what you said, you're not criticizing gambling at all so no worries.
TBH, gamblers can become investors as well, so they can still gamble, but at the same time invest into Bitcoin. That's if they are rich. Maybe there are some gamblers out there who don't care about losing money because they're happy just by doing their hobby which is to gamble.

The word success is very broad, and it also depends on the person.
It's a very subjective thing, and different people have different reasons for them to be called successful.

Some can just have 100 Bitcoins, and call themselves successful already. Some can just have reach their dream goal of having a hundred million dollars, and call themselves successful already. Some can call themselves successful if they manage to give their family a house and lot plus a car.

In cryptocurrency, TBH I can't measure my success into it because I'm very far away still from reaching my goal. What is my goal? Just simple. Holding a single Bitcoin in my wallet. I know it's hard (at least for me), but I believe that I can reach that one in the near future. Right now, I guess my measure of success is at around 20% only. I'm still far away from my goal like I said.

I've seen projects in the past that has a use-case that's very beneficial for us.
The only problem though is that, either they have a small community thus, it failed because of lack of support, or the project rug pulled including the money that they have.

I believe that in the future, there will be projects that will be beneficial for us in our every day lives. I don't know what, but I believe that there will be. The problem with some projects right now is, they are focusing more on the money than on the project. We've seen projects that are asking for money towards the investors, and in return, they will create and develop the project. I mean it would be better for us, and for the developers if they will create the project first then ask for money to us investors. I just hope that there will be changes in the future.

What's the main reason why there is Summer League? It's for the undrafted players to showcase their full potential, hoping to have a spot in the NBA roster, or even in the G-league.

Wembanyama must not play in the Summer League TBH, but 2 games just to have a glimpse on what can he expect when he play in the NBA is I guess enough already. I guess he knows where to adjust after he played 2 games. Now he needs to workout, do some shooting drills, and maybe increase his body frame since we're still months before the regular season starts. It's a good decision by the management.

It's also good to see Coach Pop signing a 5-year contract with the Spurs again. He already taught of retiring after last season, but because the Spurs got the number 1 pick this year, he wants to develop Wembanyama thus, signing that new contract. With his veteran experience, and a lot of knowledge, I'm pretty sure that he can develop Wembanyama just how he developed Tim Duncan in the past.

I'm not an enthusiast, and never will be, but I will answer base on what I know.
Well, as long as you are earning on it then I guess we can consider it as a skill. I can consider crypto trading as a skill especially if you are expert on it, and as for gambling, if you have some skills then yes. Overall, it's hard to put gambling as a skill TBH.

As long as you have the skills, the knowledge, the ability to adopt to what's happening etc. then I guess anybody can.
In order for you to earn at least $10,000 a month in trading,  you need knowledge, and of course capital as well. Same with gambling, but if you aren't lucky, skills are useless, and you will still lose money.

I don't want to enumerate because there are many. Most of them are computer related like being a Programmer, Software Engineer, Web Developer, anything related to Blockchain maybe. It all depends on the company/client.

It falls under advertising since wearing a signature means we are advertising a company/website, so I guess it can be considered a skill.

If you want to become a successful trader, learn it the hard way.

Those experts now had to spend many time learning the in's and out's of trading. What strategy will work for them, and what isn't working. What indicators do they need in order for them to know the good entry, and exit point. Those experts didn't use a copy trader, or any bots at all because they know that they can do better than both of them.

You have the money yes, but you don't have the skills. If you want to trade, learn it, research on it, and invest some time learning it. I'm not using both of them, and I didn't even try using both of them, so I don't know which would be better, but what's the alternative? You. You need to learn trading, so you can control when you need to enter, and when to exit, and not relying on these some bots. Better if you just buy, and hold your Bitcoin if you don't want to learn trading by yourself, or maybe find a mentor that'll help you if you really want to learn it.

Market cap is just a product of the total circulating supply multiplied by the price. I don't see why people are using market cap as a basis per se.
I mean lower altcoin just means fewer people are buying the token, and vice versa. Bitcoin on the other hand has many buyers compare to all of the altcoins, so it's pretty obvious that it has a larger market cap.

This is the problem with some altcoins out there.

Even those top altcoins have the same use case like in the case of Ethereum, Cosmos, Cardano, Polygon, Binance where they have a smart contract feature where developers can create their own application thru the blockchain of these projects. On the other hand, there are some altcoins out there that has no use case at all, or if there is, it wasn't beneficial to the investors, and to the people. It's just there for no reason at all, or they will just scam people.

Well, since it isn't regulated at all, scam altcoins are very common already in the crypto space.
This is the problem, and I don't see any solution to it aside from not investing into new projects. This is also the reason why I'm focusing more on the top altcoins currently. I don't want to put my money into new projects, projects that I know is a scam etc.

Investing into Bitcoin would lessen the risk of the investor so... yeah I think as a beginner it would be better if they will focus more on Bitcoin than other altcoins out there.

Who said that altcoins aren't welcome here? You? If altcoin isn't welcome here, then we shouldn't seeing new altcoins here already.

Take note that Ethereum first launched here as well, and it became popular though I know that this forum isn't the place where they advertised their project, I'm pretty sure that the forum helped the project in terms of exposure to the public. I know that there are some altcoins that became scam projects, but to say that altcoins aren't welcome here in the forum just because it's Bitcointalk? It's just an absurd thing to say TBH.

This year you say?
In preparation for the halving that will happen next year, I think that Bitcoin's maximum price that it will reach will be at the range of $45,000-$50,000.

TBH, I'm not this bullish knowing that there are no good things that're happening this year except from that Blackrock filing of a Spot ETF. Aside from that, there's no good news that're published online during the first half of this year. Maybe the reason why Bitcoin's price is starting to rise this year is investors are slowly accumulating Bitcoins because they don't want to buy Bitcoin again at a higher price once the halving, and bull market starts.

Anyway, I'm a huge believer of the 4-year cycle, so I expect for cryptocurrency to enter the bull run 1-2 years from now. I believed on it that I took the opportunity last year, and bought Bitcoins at a much lower price. Aside from Bitcoins, I also bought Ethereum, and other altcoins in preparation for the bull run. Anyway, $45,000-$50,000 by the end of the year. LETS GO!!!!!

I did a quick google search, and it seems like Bitcoin is considered illegal in your country.
Are you sure about your decision? Are you sure that you are willing to risk your life, your savings, and everything just because you want to invest into something that's considered illegal to your country?

I'm not encouraging you to invest into Bitcoin especially if it's banned. It would be better if you will just invest it into other assets like the Stock Market or Bonds if you want. Yes Bitcoin can give you higher profits in the long term, but the risk, the feeling of getting anxious, the feeling of always thinking "what if I will get caught that I have Bitcoins?". Those mixed feelings might affect your whole life. I know that the economic condition in your country seems bad because of several reasons, but it would be better if you will just spend that money, and go live outside your country if you really want to invest. If you believe that you can still get a job even you live outside Bangladesh then do it.

I just hope you a good health in the end.

I know how that feels to lose thousands of dollars investing into one project because I also did that mistake just a few years ago.

I will not say the particular project, but I invested IIRC around $2000 or even more on it. It's not a scam token though because it's still running, but I lost a huge amount of money on that project. Do I see crypto investing as gambling? Not at all because in investing, what you need is knowledge, and of course capital as well. Gambling only requires luck, and a bit of knowledge about the game, but I can't say that investing into crypto is gambling. Maybe it's a gamble for those newbie investors who lost a huge amount of money like your friend.

Crypto isn't for lazy people? I'm lazy so it's not for me then.

Kidding aside, I'm really a lazy person, but I found myself successful most of the time in crypto investing. Maybe the only mistake that I did was the one I shared, but all of my decisions are correct most of the time. Yes I did some research as well, but what I focused on investing my money with is the coins that has been there for long time already meaning the top coins are the ones that I'm investing. TBH, I'm lazy enough to not spend many time researching blah blah though I watch some videos at my free time.

I also don't call it a bust either.
Maybe he doesn't used to how NBA players are playing since he's playing most of his career in France. Maybe it's also because of how high the expectation of the people is towards this kiddo.

Who would've expect for a player who just played his first game in NBA Summer League to score 20+ point double-double? I mean that's insane to think like that. The problem with some people is that, their expectation towards Wemby is just too high that when he just had a bad night, it will be a big deal for them, and some will throw out criticisms against him. I'm sure he'll learn from this like what he said in an interview. I'm not expecting too much for him TBH because it's only his first games in the NBA, and he's just on the adjusting phase, and I'm pretty sure he might adjust more when he plays in the NBA regular season.

Like you, I don't know what kind of improvement he needs, but in the succeeding games, I expect him to play better than in his first game.

Do you think that the only way for Bitcoin to reach 6 digits is for it to be accepted worldwide, eh?

Bitcoin will reach that price on the next bull run. This is what many of us believe to happen 2 years from now (if the cycle still continues). Bitcoin being accepted worldwide isn't the only way for it to reach that price. At the same time, don't expect that governments around the world will accept Bitcoin legally. We've seen countries banning the usage of cryptocurrency in their country already. Some are just neutral about it, and some are accepting it like El Salvador.

Overall, I'm just happy with how Bitcoin is right now in terms of adoption. Year after year, more and more people are starting to use it. Some are just starting to explore, and learn it. Time will only tell if this will happen. It might, or it might now, but one thing's for sure. What you said OP isn't the only way for Bitcoin to reach $100,000 or even higher.

I can't stand, and I don't see it happening either.

Aside from Bitcoin, the only top coins right now that is still POW are Litecoin, Dogecoin, Ethereum Classic, Bitcoin Cash, and there might be some more, but these are the most popular ones. This is why many people love Bitcoin being decentralized. No central authority can do anything about Bitcoin, but multiple people must agree into something in order for it to be implemented.

Changing it from POS to POW just make it more centralized, and I know that we hate that to happen. Besides, I don't see any reason why Bitcoin must move from POW to POS. It will remain as POW.

You mean bounty campaigns right? Because if that's the case then there's no direct connection between the 2.

We've seen a bull run last 2021, but we've not seen lots of bounty campaigns at that time (or it's because I'm not updated into it anymore that's why I didn't see it). Bounty campaigns isn't dead though because we can still see bounty campaigns emerging on a weekly or even daily basis, but the success of these projects thru bounty campaigns sure are lower than what it is a few years ago.

On the other hand, since it's bull market, there might be some campaigns that will launch their own bounty campaign on the bull run just to scam investors. We might see projects launching their bounty campaign during the bull run, many newbie investors will try, and invest into it hoping that they will get much profit into these projects since it's a bull run, and then the developers will take the opportunity to run away with the money that they've collected to these poor, and uneducated investors. We will see scenarios like that when the bull run starts probably a few years from now.

Overall, I guess OP is just one of the users out there who are just waiting for good bounty campaigns out there, hoping that he can get some money from them. Good luck I guess?

I think the first question has been answered by most people here, so I don't need to answer it.

With regards to the 2nd question, I guess the best answer is that there are some boards that are either there are only few people who are going, and interacting into that particular board, or the signature isn't being displayed there. There are some campaigns that allows users to post on gambling boards because that board is where gamblers are most of the time therefore, it will benefit the company. There are some companies who prefer the participants to post outside gambling boards because it's not their niche.

Well, you can still post in those boards still, but your post will not be counted by the manager of the campaign.

Just by looking at the trade, I know for sure that the Blazers will decline on this one.

They will give away 2 of their best players for some old players like Lowry, an inconsistent player like Simmons, a young player like Jovic (which can be a good one), and some draft picks. I hope that the Blazers will not agree on this one because they're doomed. There's no hope for Simmons to go back to it's all-star self already. Maybe after his contract because he will be a liability to the team where he is just because of his contract.

TBH, they have a better player to give out to Portland that Miami have currently.

They have Brogdon, Robert Williams, some bench players out there, and maybe if they really want Lillard they might give Horford as well if needed. Compare to Miami's assets, the Celtics have better assets to give out. The problem is Lillard don't want to play with other teams other than Miami, but he doesn't have control on his trade like Beal had. Nevertheless, if the Blazers will not fulfill Lillard's wish, it might affect his career. Now if the Heat really want him, I think the best scenario is to have a 3 or 4 team deal, or to include either Bam or Butler in the mix, and for sure the Heat fans don't want it for sure.

Brandon Miller's first 2 games are worth discussing more than this one.
After all, it's his security only like what others said here. If it's Wemby then we have a problem here, and he don't control his guards as well. On the other hand, Miller's performance in his first 2 games in the Summer League is just awful to the point that analysts right now is questioning him already.

Many investors especially the newbie ones, or the ones who don't want to stress themselves that much when it comes to investing are the ones who are doing this.

Buy and hold. Simple strategy. A long term strategy, and it requires lots of patience in order for the investor to get it's profits. I don't see any problem that you are using Coinbase, but if you will just let your Bitcoin stay there for a long time, that's the problem. You might bought Bitcoin in Coinbase, but you don't have the full control over it because you bought it on a Centralized Exchange.

As for your strategy, it has been proven that the strategy that you shared is working. The problem is it requires lots of time, and patience in order for that to be a successful one. Most of the investors unfortunately don't have the patience to hold Bitcoin for a long time.

Well, there's nothing wrong with your decision because in the long run, Bitcoin would give higher profit compare to other altcoin especially in the bull run. I've seen some altcoins who didn't reach their previous ATH last 2021 when bull run started while on the other hand, Bitcoin's price reached as high as $69,000, almost x3 to it's previous ATH of $20,000.

It depends on the time frame.
If you are planning to hold it for long term, I guess you made a good decision. Bitcoin has a better future long run compare to most of the altcoins out there. I just hope that you have a strategy in selling as well.

This is where I might disagree.
You put a huge amount of money (at least for me it's huge) in a wallet that I can't consider as a safe wallet for Bitcoin. I would rather go, and buy a hardware wallet, or even Electrum if you don't want to spend money to buy Trezor or Ledger. Maybe just transfer it.