DCA is helpful to avoid FOMO, panic and you also have a thread about DCA. This A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA". You can continue that thread with your discussion about Dollar Cost Averaging and don't need to create this thread for discussion. Even the thread about FOMO can be combined to your DCA thread but it's just fine if you keep them separated. I only disagree that you create this thread for discussion about a same thing. |
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I read after this comes out after cointelegraph makes everyone rekt
They do apologize "We are incredibly grateful for the support and trust you have placed in our publication over the last 10 years. We strive to deliver the most thoughtful, engaging and impactful news affecting the cryptocurrency space.
I mean by watching the news what the heck, they should keep their main Twitter clean not give it to the intern or publish it without approval. It means that almost everyone has access to the account right?
They made a shit show and after that, they simply made an apology and everything will be fine for everyone. Not everyone keeps their minds calm and make good decisions after making such news. Some greed people can make their bets with leverages on Margin tradings or Futures trading and they would have been rekted on exchanges already. Will Cointelegraph make any compensation financially to their victims? They did not and believed that an official apology would be enough to heal financial losses of many people who trust their news website for a long time. |
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The government has struggled hard to make sure that bitcoin does not develop and grow, they have made several policies and even created their own CBDC as a competition all to suffocate bitcoins growth.
They wasted golden time to stop it when Bitcoin network has very low hash rate and weak but now after 14 years, with its very decentralized and powerful network, how will governments succeed to break it down? It's impossible. It is not impossible that they have not thought about seizing all the bitcoins so they can just hold it until we forget about bitcoins.
They can not seize your coins if they won't arrest you and get your private keys. Those seized coins are from criminals who made crimes and were arrested by governments in their nations. If you don't make crimes, don't get arrested, your coins will be always yours, no seizure. Governments can not buy all coins in circulating supply if not all bitcoiners sell their coins to governments. Do you think it is realistic for governments to buy all of coins in circulation? |
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I have been sent Bitcoin but although the TX shows up on bitcoinexplorer and BscScan I have been informed that the Transaction Hash is fake.
You must be able to differentiate Bitcoin and Wrapped Bitcoin tokens. You must know all Wrapped Bitcoin tokens are tokens, sort of altcoins, and they are not Bitcoin. Bitcoin is on Bitcoin blockchain and you must check Bitcoin transaction hash with Bitcoin Block explorers. Wrapped Bitcoin tokens can be on many altcoin blockchains like Ethereum ERC20, Binance Smart Chain BEP20, Solana and more chains. You must check transaction hash of Wrapped Bitcoin token on altcoin block explorers. List of Bitcoin block explorersWrapped tokens (Coingecko.com). Wrapped tokens (Coinmarketcap.com). |
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I really wish the way they want this to work will effectively but there are many places this will leave untouched. There are consumers who prefer their privacy protect and will never yield to any data submission and I fear they can't be protected. If a consumer have bitcoin in his personal wallet and it got stolen or hack, such transaction will be difficult to fight, it can be flag but the consumer will lost the access and u don't think there is point of even flagging an address when it can not be recover. Regulations can't do much either I think right.
What they want will be different with what they can do and what they can achieve after all. Not yet mentioned that they can lie us too. Fiat currencies with banks are KYC but does it work effectively to prevent Money Laundering. The answer is, not. Governments and central banks want cryptocurrency centralized exchanges to do KYC on customers, mandatory and given reason is mandatory KYC can help to fight against Money Laundering. Do you think they will succeed with it? My answer is they will fail. Why KYC is extremely dangerous - and useless. |
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I just got on my bitcointalk account and saw I had a bunch of messages saying a mod deleted my posts from 7-2 months ago. None of these posts look like they violate any rules so I thought it was odd. Is there any reason for this?
The most common reason is your posts are spam, no value, off-topic and it is not accepted by forum rules. Another reason is threads in which you posted, was deleted so all posts in those threads including yours, will be trashed too. In this deletion case, you will not get Deletion notification in your inbox. 1. No zero or low value, pointless or uninteresting posts or threads. [1][e]
2. No off-topic posts.
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You dig deeply to know about Barter system but you did not know or did not mention the Gold Standard. It is a latest international monetary standard and there are Bitcoin maximalists who hope to see Bitcoin standard in future. The bullish case for Bitcoin. Bitcoin is an incipient money that is transitioning from the collectible stage of monetization to becoming a store of value. As a non-sovereign monetary good, it is possible that at some stage in the future Bitcoin will become a global money much like gold during the classical gold standard of the 19th century. The adoption of Bitcoin as global money is precisely the bullish case for Bitcoin
I don't hope like them as I am realistic that governments will not let it happens because they have fiat currencies and CBDCs (Central Bank Digital Currencies) to nurture. They will not let Bitcoin becomes a new international standard. At least they will try best to prevent it to happen. |
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it's not important to know how they save their Bitcoin, because even if you know it, it doesn't affect anything in your life or the value of your asset if used the same way with them. Maybe it will increase your doubt to keep hold of your asset if you know they saved it in exchange and felt they were on guard if the market does not meet their expectations.
Trusting third parties is always risky. Think why Satoshi Nakamoto made Bitcoin? To have our own banks with private keys for our bitcoins. Using third party services, trusting them means we no longer control our private keys and bitcoins. Good Bitcoin wallets must be non custodial (we own private keys), open source (we can reproduce their wallet and test it or Bitcoin experts can test it through reproducible process). So, if I were you, I would believe in myself, and not use the wrong way the same with the institutional. Because they have a business target, and must take action immediately to sell their asset if the market crashes suddenly. So if they keep their asset on a non-custody wallet, or with the multi-signature way which is quite complicated to take action
I agree. Using a good Bitcoin wallet, set it up by ourselves and have our own banks. Verify wallet software before using. Making wallet backups before using it to store bitcoins. |
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We are not using Bitcoin the way Satoshi wanted to use it. Satoshi wanted to eliminate the involvement of 3rd parties, but we are using it with banks, centralized exchanges, etc. The moral have been changed in a decade. Still, we have options to use it correctly. Deal with the people you trust so you don't need 3rd party to get involved in your transaction.
Some people use Bitcoin transactions through centralized services and connect their trading activities with banks, cards without any break in between. It's not good practice for privacy and anonymity but it's personal choice. They are free to choose what they do and I can assume they don't care about either privacy or anonymity. They can change their mind and practice in future, anytime, because they have freedom to do so. Why KYC is extremely dangerous and uselessNo-KYC Exchange Encyclopediahttps://kycnot.me/ |
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Institutional investors have these and those. Some store their bitcoin on centralized exchanges, in online accounts, in custodial wallets. These types of institutional investors are most popular according to the reseach above. But there are institutional investors store their bitcoin in non custodial wallets that are recommended by experts.
They usually don't care to use non custodial wallets because they trust centralized platforms that provide them services to spend money to get bitcoin. Like Bitcoin Spot ETFs that are very wanted because some institutional investors feel like they don't have time or enough security knowledge, system to secure their Bitcoin wallets. It is a wrong thinking but hope they will not lose big money eventually.
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It is very important for us to know YouTuber's hype video is not good advice.
YouTubers want to create hype, not quality information
They, Youtubers, who create content, videos on Youtube only care about traffic, followers, views for their Youtube channel and their Youtube videos. Quality or not, they don't care but if they have high number of followers, their channels will have more chance to get money from sponsor videos. With sponsored videos, you can not expect Youtubers to have neutral advertisements for sponsors, projects hire them to advertise. Your screenshots are good enough but some Youtubers are scammers. They will create videos like x2, double your money by making a deposit to their address, then they will send you a doubled amount. |
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One that has been around and recognized for thousands of years and one that has only been around for 14 years and is still limited in popularity. So is that comparison fair for bitcoin? Furthermore, low capitalization does not mean that it is inferior to gold, but also shows the great potential of bitcoin and we should not ignore that. But its low capitalization also means it will have greater risk than gold.
Risk now is smaller than a few years ago for Bitcoin. It has been becoming stronger with time and after each year, through each halving cycle, Bitcoin becomes stronger and get more adoption. The point is with small market cap, Bitcoin is more vulnerable to manipulations and it has more volatility so that if people do wrong trades, take too high risk with leverages, futures, they will be more easily killed by whales' manipulations and exchange liquidations. There is no benefit in comparing the two, if you are willing to take risks for high returns then choose bitcoin. If you have become too rich and you need a safe and low-volatility asset, gold is the choice.
It depends on your view. Comparison always has its points and we always need comparisons to keep our thinking as neutral as possible. Without comparisons, we will tend to see a thing is too good or too bad without opposite review. |
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This is not how it works. Just because the mining reward will shrink, it doesn't ensure price increase. If the miners can't pay their bills, they simply shut down their business. Block reward shrinking means pretty much hash rate decline on the long term.
When Bitcoin network hash rate shrinks a lot because miners shut down their rigs, Bitcoin blocks will need more time to be found and Bitcoin network will need more difficulty epochs to adjust. Slowly but if there is hash rate, new blocks will be found, quick or slow and after a few weeks or months, network hash rate will be good enough for lower network hash rate to work normally and new blocks will be found about 10 minutes in average. |
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b]"Just buy bitcoin and hold your own keys or else you are going to get scammed"[/b]
Hold your own private keys and don't leak it to others. Others include the wallet software builders and anyone who don't trust or don't want them to inherit your bitcoin. If you use a wallet software that has back doors, you even are not the only one who own private keys of your bitcoin. Reminder: do not keep your coins in online accountsUse wallets are: non custodial, open source and reproducible and already tested by Bitcoin experts. Check some reviews from reproducible tests. https://walletscrutiny.com/ |
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Yet mate? As bitcoin user and investors, we tend to still believe in capacity of bitcoin comparing yo GOLD?
Did you read my post that says Bitcoin is better than gold? The chart and the quoted part is about market caps of Bitcoin and gold. I did not say anything wrong that Bitcoin still has a long way to reach Gold market cap. Having a lower market cap does not mean Bitcoin is worse than gold as Bitcoin is decentralized and verifiable with its network and public ledger. |
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Gold transactions can not be verified because gold does not have a public ledger like Bitcoin. With a Bitcoin public ledger, all transactions can be traced even the genesis block. With gold transactions, you have to rely on central banks, commercial banks, gold trading exchanges, gold vault reports to know only tip of iceberg transaction proofs. You can not get all gold transaction history because it is first, not public, and second, not verifiable with a blockchain. Bitcoin still has a long way to reach gold market cap. |
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These are the users selected for the campaign.
Thank you. Updated all. |
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