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Though definitely not going to happen for the USA to abandon US dollar and witch to BTC, but let's say it just happened for just a day, the price of 1btc will skyrocket in a matter of hours before going for correction.
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Even if all btc adopters wonna reward Satoshi for giving them BTC, he has went anonymous ever since and nobody knows him or know where he is talk less of talking to him. I will say, anybody saying that they're Satoshi are not Satoshi because nobody is Satoshi.
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Is btc or crypto even Anonymous again. Because so many of us have done KYC on so many of decentralized exchanges and if regulation should come into crypto, Everybody will be required to pay taxes on whatever amount of crypto he's having in his decentralized wallet
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Forgotten bitcoin in a wallet is not lost but rather it will cause a decrease in it's supply there by increases it's supply there by giving it more value. But this doesn't say we should all forgot or lost our private keys for this to happen. It is also required that bitcoin must also be moving around just like fiat does and not just stay stagnant in a wallet doing nothing.
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11 years without satoshi, I say NO because since when he went anonymous and some many people were claiming to be him failed because those people claiming to be him are only looking for cheap awareness or fame of which they don't have the fundamental to be SATOSHI. And even though Satoshi went anonymous, am sure he's still us, just don't know how, where. He gave us BTC and BTC is still what we're doing till today. All thanks to the great brain of SATOSHI.
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If you have an altcoin that has done some, let's say x5. You can take the profit out and use it to buy bitcoin. Now is even the best time to buy bitcoin as we're in the bear market. Bitcoin is now around $47k+ which is far from the previous ATH. This is the great dip to buy bitcoin if one really want to hodl some if not 1btc.
NFA
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Children are children and they will always behave as one. In DEX, we don't create wallet there, we only connect our already created wallet to the DEX exchange. Only CEX allow you to create wallet on there website, all some assets in it before you can trade. Which is far more suicide because this CEX website can go down and never bounce back again.
IMO, I think hardware wallet is the best option here.
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I heard it over BBC news channels that the prime minister Twitter account was slightly hacked and this tweet about bitcoin adoption or bitcoin giveaways was tweeted. I should say that, this news shouldn't be given any consideration and should be neglected as it is not true.
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I think the first approach is to bring around one child or a trusted family, sit them down and teach them all about crypto before that time. One thing is dying and leaving with them the seedphrase of the wallet holding the crypto assets another thing is knowing what to do about it, whether to sell it instantly for fiat or continue the crypto journey left by their father or relatives.
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To me, the main reason why newbies loss in bitcoin, is that so many of them think that btc or crypto is a get rich instantly thing maybe teaching from their teacher or facilitator, but it isn't. It is a thing of patient and market endurance.
Another thing is greed.
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Analysis shows that Satoshi might be hodling a very considerably less amount of bitcoin which might be at around 200k, so where is the 1m coming from, is he going to buy them of the market, from which exchange and with what wallet?
Moreso, I don't think Satoshi is still very much around us, he's vanished into the thin air.
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Hodling alone is not the only strategy in crypto. Swing trading is also part of it. It is just like having your fiat in your bank account dormant in there for years without moving around, it has to move around.
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Bitcoin is for everyone If you hodl one, it is yours to sell or decide not sell But the saying as been that "if you can't hodl in crypto, you can't be rich in crypto".
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In my country NIGERIA, 0.5btc in price right now is enough to a good and well furnished standard house. Nevertheless, $5000, $7000, $10000 can also buy a house here, but just might not be as standard as that of $20000+.
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Considering the fact that China has one of the largest population, China ban is not a thing of today, they have been banning bitcoin for a number of years back, they even did few months ago. Bitcoin miners were asked to stop mining which they relocated to another country, this had a little drop in price for a while, perhaps FUD was caused into the market. Price was back up after a while which says there ban and FUD doesn't really strike us again.
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Series of advises from people that doesn't really know much about bitcoin. Mine was that, crypto or btc is a get rich instantly investment. You invest now and in a twinkle of an eye, you're rich. Worst advise ever.
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If I had a such huge amount of btc, taking the keys to vault is not save to me. Bank vault, jewelries vault are been attacked nowadays. If this perpetrators knows any crypto vault,they will attack it, it is just a matter of time before they do. I will prefer burying them in my house with my family alone knows about it.
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Hardware wallet, you own your it, it's safety is with you and you controls your assets yourself. Unlike exchange wallet that can get compromised anytime or even get hacked or go on maintenance the critical time you needed to deposit or withdraw.
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This all depends on you It all depends on your trading techniques Either buy high sell low, or buy low sell high.
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Nobody is Satoshi, somebody is Satoshi. Nobody should even come out and say he's Satoshi because nobody ever know who Satoshi is. People coming out to claim they're Satoshi are just looking for cheap attention and fame which they won't get.
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