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giving out merit might be a little bit difficult as there are limitations to that, so many times wish i could hit the like button in every educating post i come across, to show gratitude towards the op
You can show your gratitude towards OP for good contributions by Meriting it or by Writing your post with appreciation and with your thinking to improve OP's contribution and even just share your thinking that can be helpful for OP. Meriting a helpful post if you have sendable merit. If you don't have sendable merit, you can write a post to say thank you or you can bookmark that post on your browser, come back later and merit it. Merit is like a Like button in bitcointalk. |
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There's a possibilit if you're capable of purchasing a bitcoin, since purchasing a bitcoin has not expensive. The more your money, the more you can purchase Bitcoin.
Cost to buy bitcoin is expensive. Bitcoin price is expensive. Bitcoin on chain transaction fee is expensive. Bitcoin withdrawal fee on centralized exchange is expensive. You will have to pay high cost to purchase bitcoin in Peer to Peer trade or on centralized exchanges because you have to spend some different costs: cost to buy bitcoin and cost for derivative things like on chain transaction fee or withdrawal fee. |
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With how bad the global economy is faring, holdlers will have no choice but to sell BTC for Fiat to pay off their bills. I'm pretty sure market prices will be a lot higher by 2028, than what they are right now. Maybe BTC will finally reach $100k? Who knows? Just keep buying, and "hodling", and forget about the rest.  I don't think so if they are intelligent investors who have good financial management and capital management for what they spent in Bitcoin investment. An intelligent investor only uses part of capital for investment and always reserve some of capital for pay bills, expenses and for emergent events. If an investor has to sell bitcoin because of inflation, economic crisis, that investor does not have good capital and risk management. |
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The halving has nothing to do with the change in transaction fees. What happened was something called Runes protocol was activated on the same halving block.
I believe it is not coincidence that Runes team planned to launch their project at Bitcoin halving block. I believe they did planned the launch time to spam Bitcoin network and mempools to make as biggest noise as possible. If they launch their project and minting previously or later, it will make less noise so they just chose a most noticeable block and time to do that. |
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Bitcoin halving a fourth time is at block 840,000. It happened hours ago. A next halving will be at block 840,000 + 210,000 = block 1,050,000. Estimated time is in April 2028. https://www.bitcoinblockhalf.com/Will you hold your bitcoins to 2028? Bitcoin block rewards now is 3,125 BTC and after 2028 halving, it will be 3,125/2 = 1,5625 BTC. After the 5 epoch completes, 96,875% of all bitcoins in total supply will be available in circulating supply. https://en.bitcoin.it/wiki/Controlled_supplyNow Bitcoin already has Stock-to-Flow rate is smaller than Gold. |
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What is the importance of Pi number here? History of Bitcoin shows that it makes new all time high many months like one year (12 months) and longer after its halving, not after 116 days or about 4 months after a halving.  |
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Similar to what was being mentioned and argued before, the American government will use regulation and taxation to control different types of indistries that are under their jurisdiction. This is not only about bitcoin. However, also similar to what @pooya87 has mentioned, the American government has no choice but to increase taxes everywhere. Their national debt is very enormous and much of the monthly interest payment for this will be coming from taxes.
They can not do all things against their citizens because they need votes from citizens to support their positions in Congress and White house. If one party over seriously do regulations, they will lose the Congress and White house after four years because most of citizens will not vote for them in a new President Election. I see fact that no party will completely defend human rights and citizen rights in finance and what they give their citizens is started with their party benefit. It's like a story of "A carrot and a stick". https://en.wikipedia.org/wiki/Carrot_and_stick |
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I'm using Electrum and there's a simple solution - click "freeze funds" on the address that received dust (it has no balance other than the dust).The whole point of dusting is sending it to empty addresses with known identity, hoping that the owner will make new transactions with that address and link it to other addresses. It makes no sense to send dust to addresses with balance because they will be used at some point.
It is only realistic to freeze fund in an address that has small bitcoin in value, our bitcoins and dusts we received. If that address has big value, freeze all fund in that address is not good choice. Sending Bitcoin from specific address in core & electrum wallet – Coin control |
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What they can infiltrate is the Bitcoin market, which is not Bitcoin itself. They can dominate the market but they cannot dictate on Bitcoin itself.
They do it for money making and to have money, they must make contributions to Bitcoin market and its adoption. Create fear and harm Bitcoin price are not what they want if Bitcoin becomes less trusted asset, they can buy cheaper bitcoin but can not get good profit from it. |
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The high rate of transaction charges could be on the course of the banking advancements of offering flexible banking services. The digital banking system is actually more of an expensive program comparing to the physical banking.
I disagree with you because digitalize things will help banks, governments control things more easily and with less cost. It will reduce governance cost for them, and don't make things more expensive like your thinking. Bank transfer is more convenient than physical fiat currency exchange and CBDCs will be a next step to make it easier for banks and governments. It explains strength of blockchain technology and it's not coincidence that we see Tokenization progress. |
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Some wallets such as Electrum, Sparrow, Bitcoin Core and Schildbach wallet have a functionality to import/export encrypted backups with your wallet's encryption password, and this is very interesting
This information is misleading. When you export, you have options to export like Export your private key, Export your labels. You only can save your backup and if your wallet is encrypted, the backup will be encrypted automatically. No option to Save your backups without encryption. When you import, from private key or seed, you can choose to create a new wallet file with encryption or no encryption. You don't need password to import a private key or mnemonic seed. You only need a wallet password when you open a wallet file that was encrypted before. |
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Cryptoeconomics, Fundamental principles of Bitcoin. Downloadable book in pdf, shared for free download by Eric Voskuil. You are asking a lot of unrelated questions. The links between Bitcoin, DeFi, the functions of the central bank, and the macroeconomy are not reliable, even if there is an attempt to do so.
Macroeconomics includes many components and Bitcoin as one component, can not solve any macroeconomic problem. It is responsibility of governments, central banks and politicians. We can not trust politicians so macroeconomic problems will never be solved. To defend our finance, wealth, we have to avoid banks, use money to invest. No better investment asset than Bitcoin.
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I was around when Bitcoin was $5, and $30, and I Bought my First Bitcoin at $30, I then Sold at $1,000. And I was Earning 7 Bitcoins a Month for a few Months, and Cashing that out for $7,000.
You only created your account on January 01, 2024 and shared this story. If you were here when Bitcoin was about $5, it is about middle of 2011, many years ago. https://bitcoin.zorinaq.com/price/It is very strange that you were not in bitcointalk forum in 2011 or 2012 and only joined it this year. |
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Nevertheless, staking reward is like your income, and it is target of tax by IRS, you will only be taxed if you claim your staking rewards and already get your initial capital deposited for staking back.
Because if you only claim staking rewards but your deposit is still on an exchange, you can lose it. Like FTX exchange collapse, Terra collapse, you will not get your initial money back.
Rather than get income, you end with loss. If it is during a calendar year, your tax report will end with big loss, not positive income so I don't believe it will be taxed.
I am not a lawyer and it is my thinking only.
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However, the thing is that he does not want to keep the seed phrases on a piece of paper (physically) as he thinks that it can be stolen or theft or even lost and he may lose all of his bitcoins.
If he can lose a piece of paper (physically), he can lose his hardware wallet if it he has it. So what is doing now that he has created a new wallet with seed extension. He has created four or five different wallets (to divide his funds in different wallets), each of them with the same seed extension, the words which he memorizes and can never forget.
Using a same word or same words for seed extension is good, but memorize it, it's not good. Now he keeps the original electrum seeds on a piece of paper as well as he is storing it online on his Gmail.
Storing it on a piece of paper, it is good. Storing it on his Gmail, not good. His Gmail can be hacked or Google can see the seed phrase. He is of the point of view that now he is 100% secure as he cannot lose the seed phrase as it is stored both physically and electronically.
He can lose both, physically with piece of paper and electronically with his Gmail. Secondly, if someone hacks his seed phrases both physically or online, that is of no use because he has seed extensions to the seed phrases which only he knows about.
He can lose the words for seed extension when his brain has problem and memory gone. Given these conditions, is he doing it the right and secure way?
Not secure. Gmail. Memorize. Two big risks. How to back up a seed phrase |
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S2F model, DCA, Bitcoin Power Law and try to find bottom of market. If we apply all of these, we will be very confusing with the market and no longer be able to apply DCA well. Models are for every senior investors who have enough experience but with new investors, I can not understand models and DCA is my strategy. |
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We can always find some sort of silver lining out of any bad situation, but that doesn't mean they have any "benefit". Inflation is not an exception.
We need to pick a good asset for our investment. No inflation in that asset, we have Bitcoin with only 21 million bitcoins and it is inflationary but we know there is a limit at 21 millions, not more. The value of Bitcoin comes from many things, its limited supply, its use cases and adoption. Its value can be supported by loss, decrease of purchasing power of US. dollar and other fiat currencies. I don't expect to see Bitcoin hits $1M next month or next year, because it will only happen if something really bad like nightmare happens with US. dollar, global economies. I believe in Bitcoin but only hope to see its value increases naturally with time, not hit $1M after one night because if it happens after one night, there will be a terrible black swan event globally. Purchasing Power of the U.S. Dollar Over TimBalaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days. This joke is non sense. |
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With ROI, very high, it is attractive enough to DCA Bitcoin. https://casebitcoin.com/I appreciated your work that is complex and I don't understand all of your charts and math but you did good works to convince newbies that Bitcoin is a good investment choice for them. https://dcabtc.com/ |
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