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I am not surprised to know that the USA government is actually a big holder of Bitcoin and they are actually taken from different personalities and organization who got caught by the law doing illegal acts or business. I am wondering when they would auction a chunk of that holding am sure many could be interested to bid and enjoy the possible profits just like what Tim Draper did in the past. On the other hand, this is telling us that actually the USA government is looking at Bitcoin with real value and something that is not illegal, otherwise maybe they would just destruct them...just like what they could be doing with illegal drugs seized on different operations.
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Unfortunately, I have never something like that. First, I don't have a wife and I am 90% sure I may not have one in the near future. Second, I don't have that much Bitcoin worth gifting to anyone I love. Now, I do appreciate what you have just done and I am sure that your wife is a happy wife as she now realized that you think she is valuable enough to be worthy of your trust...and of course, love. I am wishing both of you 100 years of happiness and abundance - you deserve each other and may your family increase by a hundredfold.
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I could not understand why would you pay someone for a car via cryptocurrency without first maybe knowing his background and whereabouts...like does he has an office or outlet where you can go to demand for the car you paid fully or partially? Me...I would never deal with anyone online because you don't know the other end of the line how real he is...for all you know he can be based somewhere in Africa and you are just one of his many victims.
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In my opinion, bitcoin is not a successor to fiat currency because basically bitcoin is the antithesis of a centralized fiat system. Bitcoin is a big vision and a form of resistance to the centralized fiat system and criticism of fiat money which is always printed continuously.
Bitcoin was not just born, but before the birth of bitcoin there were already groups that criticized the fiat system and wanted a new system that was decentralized and where ownership was in the hands of the community themselves and no one could intervene. This community is called cyberpunk. Bitcoin has high value because bitcoin is a symbol of freedom
This should be called as the history of the medium of exchange and investment as opposed to money. In the first place, barter is not using money but usually from one goods to another, then we also have precious metals like gold and silver - it is only later that the concept of modern money came in most especially with the printing of the fiat money. I also agree that while Bitcoin can function as money it also represents many things as antithesis to the traditional financial system that is controlled by the governments. |
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These unconventional tips have given me a new level of confidence in my crypto holdings.
Reading all the replies to OP, I realized that there is no such thing as "unconventional tips" or strategies to hide one's hoard of Bitcoin in today's hack-prone world. What we can discover may have already been known by someone else...that we think we are so safe from online thieves the reality is that if we are not so careful then we can also be another victim of these evil people. Good thing I don't have that much Bitcoin so thieves may not really be interested with me at all. |
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Doubling one's investment within just months can only happen if one is involved with Bitcoin. Now, there can be other digital assets that can give us x10 or even x100 but they are too risky for anyone's taste so if one is still conservative in approach it is Bitcoin that can give us the best return. Admittedly though, no matter how optimistic we become with Bitcoin, there are many factors that come into play most especially the global economic and political state right now - there are many bad news which can be the reason why many people may not be looking at Bitcoin like a hot girl for someone's portfolio. Anyway, I am still hoping that we can achieve this goal - getting things doubled - by 2024 due to the halving push.
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With the damning testimony of no other than the ex-girlfriend of Sam Bankman-Fried detailing the many shenanigans they (the Sam-Car love team) both committed, am sure this is a very exciting developing story. Now, it is really interesting the claim that they were able to halt the rise of Bitcoin in that specific period...and if this is true then this speaks volume of the power of a big CEX to manipulate the market. However, we should be taking whatever this woman is saying with some eyebrows raised. One, she is not really that technically knowledgeable on many things so we must have some verified data proving her statements, otherwise we can be hoodwinked again and again. I am then waiting for someone credible to verify and show proofs of what this Caroline Ellison just said in court because in the first place I don't trust her face.
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I think the same pattern is now emerging for Bitcoin halving which is scheduled in 2024. As long as we are still dealing with humans and not AI-made personalities, then we have to assume we are creatures of habits. In other words, we are just repeating history. As what I heard somewhere, there can be some storms before the rainbow can appear. There can be some chaotic confusion before the roller-coaster will stop for some moments. Now, am wondering: How we can make some profits out of this pattern?
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According to the news, there is a strong 90% probability that SEC will eventually approved a BTC-ETF by January. Now, having said that and I must say I too is confident on that to happen, let us not ignore the fact that SEC does not really want to approve one so who knows the shenanigan they can come up by 2024 in either in rejecting or delaying the said application. We know that Gary Gensler is a big enemy of the cryptocurrency industry and he will do anything to stop ETF from operating in the market. It would then be exciting to watch developments on this area and see how SEC will finally deal with this dilemma. Will there an approval...or will there be another excuse?
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Satoshi Nakamoto left Bitcoin many years ago and I am sure he got a big reason for what he had done. I am sure that if one day he will surfaced then it can be a huge news for the crypto industry and can certainly put to rest who is the real guy so as to stop fake claimants to the throne to be sidelined...and I know that there are now a lot of questions and concerns that only the real Satoshi can deal with. But, considering everything that transpired in the crypto industry, I agree that it would be better for all of us that he remained where he is. We can never be sure if he is still alive or what...as nobody can really be certain what his real name is.
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You have to understand that just like me your parents can be belonging to the traditional group of people who are not yet oriented or educated on cryptocurrency and so they prefer those things that can seen and touch like real estate or land, for that matter. Now, there is nothing wrong with investing on land as its value will surely appreciate since we are not manufacturing lands in the same fashion as we are doing with cars or gadgets hence its value will really be soaring though it can snail-paced. I am then suggesting that you slowly educate them on cryptocurrency especially Bitcoin and then slowly build up your portfolio, in addition to other forms of investments as we should be following the notion that putting one's eggs in one basket can be so risky. Always remember that BTC is a volatile asset one day it can dramatically soar the next week it can dump in value - it is a roller-coaster ride so be prepared to enjoy.
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1. Why do most people anticipate for the bull market when they clearly encourage HODL?
The coming halving is something that most anticipate can trigger some type of a bull run and then we also have the approval of a BTC-ETF as a big factor. And you can never experience the benefits of a bull run when you are just holding an empty plastic bag.
2. What happens when majority of the bitcoin holders sells a larger portion of their bitcoin during this bull market?
That may never happen that way unless there is a group that will coordinate and influence the holders to let go of their possession...but of course during bull run many can be tempted to cash-out and in this case we have the law of supply and demand to balance things out.
3. What happens when only few chooses to sell little portion of their bitcoin?
When more people would choose not to sell then it would create more pressure on Bitcoin to go up in price especially if there is a big demand from buyers. Again, this may never happen that way as the Bitcoin market is already large and global.
4. And lastly, how will question 2 and 3 reflect on the market?
I would say it again...this is a matter of supply and demand just like any assets on the market.
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I find Robert Kennedy Jr to be a refreshing politician that can be a viable option for people who don't want to go Red or Blue. Refreshing because he is carrying the voice of the cryptocurrency industry so he is our candidate then. For me, Biden is definitely so old and is already senile judging on the way he is speaking and the many times he fell - in fact he is now known to be a vacationer rather than a very active global leader and it is because aging is really taking its toll on him. In between the two, Trump is way better in terms of health. Now, the question is: Will Kennedy really win against the two famous opponents? Only time can tell.
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Proof of Authentication PostBitcointalk Username: DapanasFruit Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2878632Telegram Username: @DakoCoin Campaign Category Participated: Twitter, Telegram, Discord, Instagram, Reddit, Blog BSC Wallet address: 0x90269f0989C0e0C3E71ee4D0F3201A81620cbC47 |
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Well, this goes to prove that anybody with a big amount of BTC can be a whale and that a whale is human too...subject to emotions and wrong choices based on factors a person can considered to be facts - sadly many of them can turn out to be false. Like so many sad stories of people who held Bitcoin, it never ceased to amaze me how they let go of something that is now so valuable. There are many big lessons that we can learn here, indeed.
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Old-timers in the cryptocurrency market are not anymore caught unaware of the presence of the big players who can be extending their power and influence with the direction of any asset especially on the short-term basis. For people who are new, it would be so critical to learn the ropes in here - the ins and outs so no one will be dismayed to found out losing in the whole game. Right knowledge and information can always counteract things and never always be guided by your emotions as they can be your real enemy.
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