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1  Bitcoin / Bitcoin Discussion / Re: The bull market still exists on: June 16, 2021, 02:07:14 AM
I think Bitcoin is still in a bull market, and it's just a correction for now. First of all, the US monetary easing policy continues, the overall international economy is shrinking, a lot of hot money does not have a clear investment goal, and more and more money flows to virtual currencies. Secondly, Bitcoin has been singing all the way since last year and has not experienced a decent adjustment. This adjustment was actually unexpected.
2  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin truly a safe-haven asset? on: June 11, 2021, 09:48:41 AM
Bitcoin is essentially an encrypted digital currency. Because the upper limit of issuance is 21 million, and based on the underlying technology of the blockchain, decentralization, distributed ledger, non-tamperable and other characteristics, it is considered scarce and not affected by market fluctuations. . Based on these technical characteristics, Bitcoin can compare the value attributes of gold and has the value of trading and circulation. This is considered from the value of Bitcoin itself. Now, many institutions and money have poured into the Bitcoin market in large quantities, and the entire Bitcoin price is soaring. Bitcoin shows more of its investment attributes. Price fluctuations are affected by the currency market. Large money enters the market frequently and prices will rise. This is based on the investment properties of Bitcoin and is affected by market fluctuations. But any product must return to the value itself to consider. The essence of Bitcoin is an encrypted digital currency, which is used for transactions, and the investment attribute is not a long-term manifestation of value.
3  Bitcoin / Bitcoin Discussion / Re: What is Bitcoin? Will Bitcoin be traded in all countries in 2025? on: June 10, 2021, 06:13:27 AM
Maybe one day Bitcoin can become a currency recognized by all countries in the world, but I think it will take a long time. I don't think this can be achieved in 2025. First of all, there are still many countries that still oppose Bitcoin, such as China. China adopts a strict regulatory approach to Bitcoin mining and trading. And the price of Bitcoin is still very unstable. If you want to be a currency, I think this problem must be solved first. Because no merchant will be willing to accept a currency that may fall sharply tomorrow.
4  Bitcoin / Bitcoin Discussion / Re: Bitcoin --- new ship of Theseus on: June 08, 2021, 09:29:45 AM
In fact, I have the same confusion as you. At present, Bitcoin has many shortcomings, and everyone is aware of it. For example, the issue of deflation, long transaction confirmation time and handling fees, etc. I want to know if these problems are solved one day. Is it still Bitcoin, or it will have a new name. Can someone answer my doubts?
5  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin better than Fiat? on: June 05, 2021, 09:05:43 AM
If monetary policy concerns, untested money printing and ever-increasing inflation continue to worry both retail and institutional investors, they will look for alternatives that provide the security that Bitcoin provides in a unique digital format.

Definitely Bitcoin and cryptocurrencies have much more advantages over fiat money and it would be much better to use them. From the point of view of governments and the people who control us, through cryptocurrencies they will lose this opportunity and there is no way to manipulate people with their finances.
Although inflation is an irrefutable feature of legal currency, it does not mean that inflation is necessarily bad. The government can use inflation to macro-control a country's economic conditions. For example, when a country encounters a fiscal deficit crisis, the country can maintain the stability of the country's economy by over-printing legal currency. At the same time, Bitcoin's deflation will also bring many unsolvable problems. When all bitcoins are mined, bitcoins will not have any supplementary means. In this case, people who hold Bitcoin in their hands will hold Bitcoin more firmly, because they know that the price of Bitcoin will rise in the future because of deflation, and they are more inclined not to sell Bitcoin. The number of bitcoins in circulation on the market will become less and less. When the transaction volume is in a state of daily decline, this itself is an unhealthy system.
6  Bitcoin / Bitcoin Discussion / Re: China bans mining is good for Bitcoin on: June 03, 2021, 09:10:52 AM
Bitcoin mining is a decentralized process. Miners leaving China's large mining pools will not have much impact on Bitcoin mining. What's more, some domestic mines have moved their mining machines to Iran and other Middle Eastern countries that generate electricity from natural gas resources to obtain cheaper electricity prices. In this process of circulation, the mining industry, which was once criticized as centralized, has gradually shown a trend of decentralization geographically due to cost and profit considerations. Although the ban on mining will undoubtedly have a huge impact on China's mining industry and is likely to kill the entire industry overnight, the global Bitcoin network will continue to move forward. Minersí shifting positions may bring some minor problems, and mining costs may increase slightly in the short term. However, in the long run, Chinaís ban on Bitcoin mining is unlikely to cause serious problems to the global Bitcoin network.
7  Bitcoin / Bitcoin Discussion / Re: What effect does a growing number of altcoins have on Bitcoin on: May 31, 2021, 05:59:23 AM
I think the biggest crisis of Bitcoin currently comes from altcoins such as Litecoin. Because the open source nature of Bitcoin itself does not guarantee that it has any technical advantages over other altcoins, the current altcoins will emerge in endlessly. Bitcoin itself will not be overissued, but because it has no technical advantage over other altcoins, as long as an altcoin appears, it is equivalent to an overissue of Bitcoin. When people find that the price of Bitcoin is higher than the psychological price, they will switch to buying other currencies. After all, they are all the same algorithm and the same idea.
8  Bitcoin / Bitcoin Discussion / Re: Why are there so many negative posts about BTC lately? on: May 28, 2021, 07:57:54 AM
I think it is possible that, as the OP said, it is a statement spread by some Doge believers. They intend to make more people believe in Doge instead of Bitcoin, so that more people will buy Doge and the price of Doge can rise. But there is another possibility that FUD's remarks have begun to appear again. The communicators intended to cause panic and suspicion among consumers, and then they threw out the Bitcoin in their hands after the year. After the price of Bitcoin drops, they can buy it at a low price, wait for the price to rise, and then sell it at a high price. This is a conspiracy of dealers or some old players who have been in the currency circle for a long time. They try to use this method to buy bitcoins in the hands of new players at low prices.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin bull run, it's time to debunk Bitcoin FUD. on: May 28, 2021, 03:05:52 AM
In fact, we cannot make everyone believe in Bitcoin like we do, which means that FUD will always exist. Once the bear market comes, this kind of sound will increase, and once the bull market comes, this kind of sound will naturally decrease. FUD instills fear, uncertainty and doubt into consumers so that consumers can't hold the coins in their hands, and the dealer will profit from it. What we can do is to believe in Bitcoin, which is a belief.
10  Bitcoin / Bitcoin Discussion / Re: How to make money from Bitcoin in 2021 on: May 27, 2021, 08:47:59 AM
I think the methods you mentioned are very good, and they almost cover all the ways I can think of using Bitcoin to make money. In 2021, I am more inclined to airdrop this way. Of course, if it were in 2010, I would definitely choose to invest or mine. This would be a way for me to reap a lot of wealth at almost no cost. But now, I donít have enough money to buy Bitcoin and use it as an investment method. Of course, if the price of bitcoin continues to fall, I think I will still buy some bitcoin at a low price, and then wait for its price to rise.
11  Economy / Speculation / Re: Is the Bitcoin crash an opportunity to enter the market? on: May 26, 2021, 07:49:48 AM
I think this is an opportunity. You can buy Bitcoin at a low price and wait for its price to rise. Past experience tells us that we donít have to worry about this situation. With the support of the underlying blockchain technology, the price of Bitcoin may fall, but it will not return to zero like other digital currencies. So what we have to do now is to buy Bitcoin at a low price, and then believe that it will once again work miracles.
12  Other / Off-topic / Re: Love and money on: May 18, 2021, 09:47:55 AM
I think this statement is very correct, although love should not be related to money. But if you don't have money, you can't maintain a relationship between men and women by just relying on love. The impulse to love at first must be reduced to nothingness under the trivialities of life. After all, love makes us happy, so we keep pursuing love. But if there is no money and the existence of love cannot offset the pain caused by poverty, we will not be full of expectations for love.
13  Other / Politics & Society / Re: Abortion should be banned. on: April 02, 2021, 06:49:21 AM
I support national legislation to prohibit casual abortion. But our direction in baby care and kindergarten care is not satisfactory, so many mothers do face the dilemma of their children's career. We can't completely blame those mothers at all. From the perspective of society as a whole, we are all responsible.
14  Other / Off-topic / Re: Do You Believe that LOVE Still Exists? on: April 01, 2021, 02:17:47 AM
I think love is always there. I believe that everyone is kind from birth, and their hearts are full of love. It's just that as people grow up, they experience more and think more, and they are not as pure as they were when they were young. But I still choose to believe that when people choose to do good things, they must be kind. Perhaps this kindness is not pure, or perhaps there is something else mixed in this love. But I think love is still the most important reason for their choice.
15  Other / Off-topic / Under what circumstances do girls wear makeup? on: March 31, 2021, 03:32:10 AM
I found that walking on campus, some girls wear makeup, and some girls donít wear makeup. But almost every girl in the mall wears makeup. So under what circumstances do girls put on makeup?
16  Other / Off-topic / Re: Which is the best life? on: March 30, 2021, 02:55:34 AM
I think the best life is in childhood. In our lives, the most carefree days are childhood. As we age, our worries are gradually increasing. We can make mistakes in childhood because someone will forgive us. But when we grow up we make mistakes, and only we can bear the consequences. What we lost in childhood will never come back in this lifetime. However, it is impossible for us to return to childhood, so the best life is now.
17  Other / Off-topic / Re: The future is now. on: March 29, 2021, 07:33:02 AM
The future is actually a good wish for us. And now is the day we are experiencing. We say that the future is now because the future depends on every choice you make now. If you just imagine without taking actual actions, then your future can only be what you are now. But if you are willing to work hard for your future, your future will be what you imagined it to be.
18  Other / Off-topic / Re: Buying a Dog on: March 27, 2021, 06:59:49 AM
I like Corgi very much. I think Corgi is very cute. They have short legs and big butts. They run like flying. Corgi is also easier to raise, and it is easier to raise than large dogs. you may try it.
19  Other / Off-topic / Re: Best book on: March 26, 2021, 07:38:48 AM
The best books I have read are Moon and Sixpence. The protagonist in the book, a broker of the British Stock Exchange, already has a solid career and status, and a happy family, but he is obsessed with painting, like being "possessed by the devil", and suddenly abandons his home and goes to Paris. Pursue the ideal of painting.
He was not only physically suffering from poverty and hunger in a foreign country, but also suffering mentally in order to find ways to express himself. He finally created one after another masterpieces that shocked future generations; but after his death, he made these paintings torch.
Certainly some people think he is neurotic, but I saw in him the "purity" of human nature, not for fame, not for profit, sacrificing everything, only for the purity of the pursuit of art.
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