Everybody and his dog understands that this debt is not serviceable, won't be paid off ever. But no one can do anything about it as long as the US own the dollar. They don't seem to give a sh*t about it. Money printer goes brrr...  |
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People are waiting to buy lower, but what if you're wrong and this is the bottom?
You never know what's going to happen next.
But why? There are several factors worth mentioning: * historic patterns, 4 years cycles - people are comparing this cycle to the previous ones and the bottom should be reached in Q1 2023 (February-March?) according to that pattern. I wouldn't rely on that as the pattern has changed significantly - we had no exponential blow-off top: just x3 instead the x20- x30 we got used to. We also broke the tradition of not going below the previous cycle's ATH (dive under ~$19k we reached back in 2017). * macroeconomic situation - war, post-covid issues, energy prices growing, hyperinflation, recession. You can't rely on this, because people may look for a safe heaven with all these stocks meltdowns, money losing value etc. They may consider Bitcoin to be such a safe heaven asset? * overall bearish mood between traders - this one is hard to explain, sort of a collective brain. Noone is buying I won't too. |
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Iran has started supplying its drones to Russia and has been punished by the great riots that continue to this day and threaten to overthrow their government.
It's funny that a small scale protest in Iran that barely reached 50 in participant count and both started and ended months ago is referred to as "overthrowing the government" meanwhile the much bigger scale ongoing protests elsewhere like the 100k protests every week in Germany, the riots and strikes in UK and the chaos in France that looks more like civil war are not even seen  It is absurd to think that the protests in Iran can lead to the overthrow of the regime so easily. It is also absurd to think that Western countries support these protests because Iran has provided Russia with drone fighters. But at the same time, it cannot be denied that Iran is witnessing an unprecedented wave of protests, which was confirmed by the Iranian authorities themselves when they announced some time ago measures to review the law on wearing the veil for women after a decision to abolish the morality police. On the other hand, supplying Russia with drone fighters does not mean that Russia and Iran are on the same front against Western countries, because Russia does not support Iran in its nuclear program. In fact, in any country, where the pro-Russian government or president comes to power, a pro-US/western opposition appears all of a sudden: Ukraine, Belarus, Moldova, Iran, Venezuela, some African countries. You support Russia - coup attempt is guaranteed. It's pretty obvious who is sponsoring this (remember Maidan cookies???). I just keep wondering how stupid Russians are and how poorly they intelligence works to allow all that to happen in the neighboring countries! Something is brewing right now in Kazakhstan, Armenia etc so I won't be surprised if we'll get another conflict involving Russia soonish... |
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12 years is too short of a period - take a look at other inventions - radio, TV, internet, cars, planes whatever... most of them (if not all) had a longer mass adoption time. Therefore it's too early to judge if Bitcoin is a failure and if it has or has not reached the goals set by Satoshi. So, gentlemen, we're still early... |
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I have always dreamed of accepting Bitcoin as a means of payment since the year 2017 even before I became a master in my money-making haven ( fashion designer ) and now the time has finally come, today I start accepting Bitcoin payments. Yippy 💥💥💥  Truthfully only three of my customers are willing to pay me in Bitcoin for now and that's because I was even the one that teach them about Bitcoin since last year 2021 and now they are also investors too. I believe that as time goes on many will develop an interest as well.  There are too many people that don't know anything about Bitcoin here, few who knew about it call it a scam, I blame that on lack of knowledge but some are willing to listen and learn, I will keep doing what I do best.  Bitcoin adoption all the way, 2023 should be better, hopefully, I want to use this opportunity to say a big Thank You 🙇 to families on here, your share of knowledge reshaped me, I wish you guys a Merry Xmas 🎄 and a Happy New Year in Advance.  Congrats, man! You're the reason global BTC adoption is growing! Keep up the good work and good luck with your venture! Well-deserved merit! BTW, which country are you from? Do you also accept LN payments? |
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First, would be nice to know where in EUR you're residing as local laws in many EU countries may differ. In many (most) countries there's a maximum non-taxable amount of around 40k EUR. I believe your bills will be smaller than that amount?
You could use a crypto debit card (Binance, Coinbase, Wirex etc.) or p2p local exchange to withdraw and then there are ATM where you can deposit funds to your account with no questions asked. If you keep the amounts reasonable, that won't be a red flag for your bank.
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No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn. The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.
They do have some things in common:
listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself. You need some more radical moves, like paying them in BTC. They lack leadership and initiative, but if you'll pay them in BTC that will be a massive change. No need to invest, make decisions - BTC will be sent to their wallets by their employer and people will be able to spend it on food or whatever they like. Will this time ever come? I hope so. Until then, we're all too early... |
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With the signature campaign, we have no prior experience. According to us, paying users are not drawn in by the signatures.
Contact me so we can have a telegram conversation. Do you have a link to key performance indicators from a recent signature campaign that was run here?
I guess it depends on quality of your product/service. As to the type of person you're looking for, you should contact Jordan Belfort maybe he's available. I really can't think of any other person who could accomplish that for you.  |
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Business owner here. I personally couldn't work 9 to 5. Why so? Not very nice experience of working paid jobs. Perhaps I was just unlucky, I worked for the government and for several global corporations but I didn't like any of these jobs. Yes, sometimes you can earn more but it's not worth it IMHO. That's just my POV.
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Nobody knows for sure if the bottom is in or not. Many things are different now - we didn't have a blowoff top last cycle and a total price increase of about x3 instead of x20 we used to have before. We are down ~75% from ATH and during previous cycles this number was lower (but also the tops were higher and more exponential). That makes me think that the bottom is really in and perhaps we'll have some relief rally into the $35-38k area before the halving. That would be fair as bulls got screwed as they failed to sell at $100k+ they were expecting, why can't Bitcoin screw some bears by refusing to go lower (similar to $3k last cycle) and reversing into the $30xxx area instead? |
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Welcome aboard. Please wear appropriate signature and avatar and make an update post with the total post number after this response.
Updated my sig and avatar at post count 2757. Sorry for letting you know late this is my first sig campaign. Hope you'll count the posts towards my weekly limit. |
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I learned about Bitcoin in 2010, my friend who was working as a software developer at a time told me about some "magic internet money". I didn't pay attention and just lived on. In 2011 I accidentally found this forum and realized Bitcoin has huge potential. I bought some and here I am 12 years later still HODLing. P.S. You're probably checking my registration date - yes I had a different account back then. You managed to hold beyond the ATH or do you mean you are holding some btc but have sold at times that it has gone up? If you did manage to keep hold of your btc in the ath you are probably one of the few that managed to do that. Most people sold even the die hard btc fans. You would probably be better selling at ath and then reinvesting your money when there is a price correction. Yes, this is true. After two cycles I was really proud of myself and didn't want to sell. I did want to sell some part during the last cycle but I missed the top completely. I'm hodling but 12 years is a very long time so I'm ready to sell (part of my stash) just waiting for the price to reach my target. |
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The Russians can live a low profile life because that’s how they lived for years. It wouldn’t bother them that much. The Europeans however have been living in luxury for a long time. If they can’t replace the Russian gas and they probably won’t, it may start civil unrests in the European countries. I don’t see Russia losing anything here tbh.
Maybe they won’t be able to purchase the newest iPhones or European made cars but they won’t die of hunger that’s for sure.
On the other hand, if Germany can’t find an alternative to the Russian gas, the impact on their industry will be devastating. France will probably not get affected that much because they mostly rely on nuclear power.
This! The economists never take into account this Russian way of life. They are used to living very frugal, humble, simple life and therefore can live in conditions most westerners would find unbearable. They have cheap heating, electricity and gas. What else would they want? How do I know? My ex-wife is Russian. My wife is Ukrainian. As to the gas export, don't worry guys, there always will be countries willing to make some profit off gas transit and/or reselling. For example Turkey: their economy is a mess now and they have a nice Russian gas pipe going directly to Istanbul. So what are they going to do? Exactly - pump and resell like there's no tomorrow! China and India will do the same. For sure, they're going to push the price down as low as they can but nothing Putin cannot afford. Just my 2c. |
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Voted BTC is perfect. Yes, it's the society and people who are flawed, Bitcoin as a technology is perfect.  |
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I learned about Bitcoin in 2010, my friend who was working as a software developer at a time told me about some "magic internet money". I didn't pay attention and just lived on. In 2011 I accidentally found this forum and realized Bitcoin has huge potential. I bought some and here I am 12 years later still HODLing. P.S. You're probably checking my registration date - yes I had a different account back then. |
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There's a fair chance CIA, FBI and other "3 letter agencies" know who Satoshi is/was. It's also possible that he's dead. If we don't take this into account, significant proof would be something like moving coins from "Satoshi's wallet". But if Satoshi is alive and not cooperating with the government agencies there's very little chance he will expose himself by cashing out or moving his coins.
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Such a service would be illegal in the European Union.
Using a card, belonging to somebody else is illegal everywhere in the world I believe... Being an avid security, anonymity and privacy advocate, I still consider it's generally a bad idea. POS payments are also not possible I guess and could get you into some serious trouble and issues with law enforcement. Company card as suggested by some poster would have been more realistic I guess. Besides, there's a possibility the legal owner of the card/account (a bum or alcoholic from a place like Belarus or something like that? ) will find out it was opened in his name and cancel it?  |
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UK Norway finland sweden in biggest debt.
Finland been famous of taking all the exsessive money.
Each country have their own purpose in this global scheme.
It's clear that UK been used as all the Western countries inflation parking Spot.
What Will you do the countries wich Has the biggest debts and bad equity and bad bonds ?
You want to make sure they cant connect with other country markets so keep the financial dirt in there and dont Let it out.
How you do keep financial dirt in there?
War Crisis power outages and all the other possible ways you can think about it.
But to clear out all the debt war can Do that easy.
Likely only solution is war russia vs UK finland Norway sweden If war can devastete those countries a lot bad debt Will cleared and our financial system a lot more clean.
Let's see what the wall Street Will decide to do until now it's safe to keep away from those countries.
It's weird as I heard Norway has been doing really good since the war started because of the oil and gas reserves they have and they're now making billions after increasing their fossils export to EU.  |
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They're those whose responses about bitcoin are always positive and others who were skeptical about bitcoin that are now full-time bitcoiners. It's clear that such people and responses still exist in recent times, and many users of bitcoin fall prey to the negative predictors. This thread is about two significant people in cryptocurrency; Hal Finney and Michael Saylor who predicted the future of bitcoin, one was positive, the other negative. The false prediction failed and the predictor, Michael Saylor, is now big and deep into bitcoin to an extent of dropping his position as the CEO of Micro strategy to invest completely into bitcoin. Sometimes, those who have negative thoughts about bitcoin end up becoming full-time bitcoiners in the future and that's a good reason bitcoin users should stay strong in this journey. In the year 2010 Hal Finney's predictions about bitcoin  This is a bullish prediction and if the banks should adopt bitcoin that means they'll be a spike in bitcoin price. Though it looks uncertain, if Michael Saylor after making such a tweet about bitcoin is, today, a big investor of bitcoin then the banks despite the rivalry could change their minds about bitcoin.  As I pointed out in my intro, most people must have changed their minds against bitcoin after reading this tweet. How will they feel to see that Michael Saylor is now for bitcoin? They'll feel disappointed and regret listening to him at first. In summary, stay strong with this journey as those whose perspectives are against bitcoin will definitely, one day, adopt the currency, even the banks. Photo Credit; https://twitter.com/pete_rizzo_One has to have balls to admit he/she was wrong and didn't see the potential straight away. As an investor, MS had to see that potential of Bitcoin and it would have happened sooner or later. MS was pretty early btw, there are some BTC haters who still haven't realized they're wrong and still think BTC is destined to fail and is going to zero every bear market. |
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I have always been hesitant on desktop wallets because you need to enter the priv key on a keyboard to recover it. How do I know I'm safe and I'm not getting keystroked or my priv key isn't getting exposed?
Is there somewhere I can check on my security settings or am I just being overly paranoid?
Nothing in particular, just some common sense and general precautions (some already mentioned by the previous posters). It's pretty obvious you should try to avoid installing new software (especially from unverified sources) on a device which holds your wallet, don't click on/download any attachments from anyone (including your friends and family as their accounts may be compromised too). It would be better to have a separate device for your Bitcoin wallet, with limited or even completely without internet access (or better with no network card at all). Be careful when upgrading your wallet, there have been issues with that before (phishers uploading modified/backdoored versions). If you follow these simple rules you should be pretty safe. |
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