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April 26, 2024, 01:17:40 AM *
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1  Economy / Speculation / Re: Korean won tops US dollar and leads in crypto trading volume for Q1 on: April 25, 2024, 10:26:25 PM
Is South Korea looking for a safe-haven through Bitcoin? Because there were economists and geo-political analysts that were making negative projections on the effect of the U.S. CHIPS Act on the manufacturers of semi-conductors in Asia, including South Korea.

https://eastasiaforum.org/2023/11/26/us-chips-act-threatens-to-hollow-out-asian-semiconductor-industry/

Gold demand is also surging. Perhaps some nation-states expect a financial collapse? It might not start in the U.S., it might start in Asia.
Maybe is due to the fear of the unknown (war)
Nobody knows when the next World War would take place and also the current economical turmoil.
Gold is always at the highest unrest when the economy is facing issues (inflation) and falls when it's relatively stable.
[url-https://www.coingecko.com/en/exchanges/bithumb] the biggest volume[/url] on bithumb is indeed usdt<>krw


The URL is broken. You used - instead of = and I tried the link and coingecko is showing the page could not be found.  Undecided 🕶
2  Economy / Speculation / Re: Simple prediction: 2024 bitcoin at 200.000 dollars on: April 25, 2024, 10:12:29 PM
I personally think price will be at least twice that.
That's sad to read my comment from years ago again since today I do not think $400k this year is as possible as I thought back then because of the way global economy is struggling with recession thanks to all the interest rate manipulations and conflicts that keep on growing.
Thats why predictions and laws in economics always add Ceteris paribus because human factor are unpredictable.
Many didn't expect BTC to dip to $15K+ because we didn't take FTX going bankrupt into consideration.
Imo, We could be seeing Bitcoin hitting new highs around 2025 to early 2026.
Open statement are usually more accurate
Bitcoin would reach $400K in years to come.
3  Economy / Speculation / Re: Buy BTC sold for 16 BTC-1 mil USD on: April 25, 2024, 09:55:18 PM


Another crazy collectible

What do we think?

Can this ever be sold for more

So many sats for just 1
I can't really tell how rich people think
Well I guess it's a form of a bragging right
Like "well you know I'm the owner of the epic Sat in the fourth halving "
I will call it stupid but the buyer would call it a collectible.
I guess value is subjective.

Would I spend 1,000,000 on that sign no I would not.

Even If I was stupid rich (say 100,000 btc).

To be honest I would be interested to see if the buyer sells it again and what for.

Now if I was 25 with 100,000 btc I may spend it as a goof.
If the buyer sells now it's going to go at a cheaper price except they choose to wait let's say years later
When the popularity of Bitcoin has gone further than this.
With 100K BTC,even in my 80's I think I would buy it
I don't know it feels like a form of immortalising oneself
The world would remember you when you gone.
4  Bitcoin / Bitcoin Discussion / Re: If someone you introduced to BTC says the risks of her funds is on you on: April 25, 2024, 09:28:01 PM
Then you move on. The person is not ready
Who would invest and not be ready to face the risk of losses.
You don't have to force her, let her see by herself what she missed when everything starts shooting.
There's nothing in this life that don't have risk of failing even government bonds.
To me she's not ready to go into investment and should focus on relatively stable income like salary.
But if you really want to help her out
You can assure her and set aside fund in case of a dip so you can pay her capital back and take it as a form of accumulation.
Done it before and fortunately didn't regret it.
5  Bitcoin / Bitcoin Discussion / Re: Important reminders on: April 25, 2024, 08:47:02 AM
If it wasn't spam, but a genuine onboarding process of new users, these discussions and ideas wouldn't need to exist. The only ideas that would be valid would be ways of scaling.

That's the thing though: these are new users being onboarded, and they are "genuine" as far as the network is concerned. Until all miners collectively decide to reject their transactions (which will never happen), Ordinals (and now Runes) users can't be stopped.

I guarantee these are still just passing fads though and nobody will care nearly as much about them a year from now. They will have just left a lot of blockchain bloat in their wake, and there's no way to stop it.
Yeah, the emergence of rune is like a reminder that if one of their exhortation scheme fails another would sprang up.
Ordinals already losing their hype so they brought runes and once runes popularity start failing another would be brought it.
Such creativity but not directed towards the positive growth in the blockchain but to enrich their pocket
Without considering the long term consequence.
Rune is like a parasite and not a very symbiotic one in the long run .
They argue that they are improving on the uses of Bitcoin but it seems like they trying to create another ETH.
Bitcoin Layer 2 adoption has not reached the level that was anticipated
but technology is increasing and new innovations would definitely arise to combat it.
You can't really find a solution if you don't know the problem.
6  Bitcoin / Bitcoin Discussion / Re: Hal Finney wins award for his contribution to Bitcoin development! on: April 24, 2024, 03:26:09 PM
Okay always heard about Hal finney and usually in respect to his contribution to Bitcoin and his sickness
Seeing this thread made me check the wiki and something's there really made me see the man's conviction in Bitcoin and coding.
Quote
He continued to program until his death; he was working on experimental software called bcflick, which uses Trusted Computing to strengthen Bitcoin wallets.

Quote
I hope to be able to read, browse the net, and even participate in conversations by email and messaging (...) I may even still be able to write code, and my dream is to contribute to open source software projects
Source Wiki

It's nice seeing him been acknowledged after his death. This would serve as proof to current enthusiasts that their contributions would not be taken for granted.
7  Economy / Speculation / Re: Road to 100k? on: April 24, 2024, 12:04:13 PM

Some use all their funds to start up and hoping to get something in return like a larger amount just to feel among, 75% of this crazy investment do not work for some but it does for some. When people sell BTC these are the cause, I'm saying this because they seem to forget that having a plan B is important in every investment.
And since they can't predict the next move of Bitcoin price it put them in a confused state and some can decide to withdraw something less than the start up amount let it be that they get something to hold on to, no need to blame those withdrawing because they don't have much patience.
This is why it is adviced to invest funds that you willing to loss to prevent emotional battles with market trend
DCA should be done. With spare money not full capital or money for emergency.
You can reduce your everyday expenses and set outside some for investment and another for emergency savings.
The amount a person uses for DCA varies based on their situations
Imo, going "all in" when investing in Bitcoin is not advisable doing such can cause mental breakdown and lead to selling in loss when there's need to use some of the funds or Bitcoin bears has finally gotten to the persons head.
8  Economy / Services / Re: [OPEN] airbet.io | Signature Campaign | Hero/Legendary Members | $82.5/Week on: April 24, 2024, 07:13:01 AM
Didn't read the title
9  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: April 23, 2024, 02:59:57 PM
I recently read in the news that blocks in the system are growing again, which means that these incredibly huge bitcoin commissions are waiting for us again soon. And this is bad for any gambler. Recently, I made a deposit in bitcoin on CoinRoyale in the amount of 0.005 bts in order to use the bonus promo code for a free bet of 0.01 bts. And then I won and I had to pay the withdrawal fee again.  And it was possible to withdraw only in bitcoin. As a result, it turned out that I almost didn't win anything - that's how much I had to pay for commissions. I do not understand why each gambling site does not have a withdrawal in different cryptocurrencies. Such as TRON or LTC.
To be sincere Bitcoin isn't really the best for withdrawal especially in times like this.
Most casinos now fo give their customers options in method of withdrawal either Bitcoin, LTC or even Tron.
The fee fell to around $8 for moderate 2 days ago  and has picking up again.
The halving day should be one of the best for some miners especially those that were able to confirm a transaction.
Sadly Runes are already been listed in exchanges like gate so fee might pick up for sometime.


 Well everything that has an advantage also got a disadvantage and this is one of the disadvantage that comes with gambling with crypto currency. Well every disappointment they say could be a blessing in disguise and this could help potential gambling addicts who only gamble with crypto currency and can't afford the transaction fees to pause for a while. But it would be so sad when you're seriously in need of funds but can't cash out your winnings due to high transaction fees.
It becomes a true disadvantage if Btc is the only option
There are lots of casinos that accept other cryptocurrency at part from Bitcoin
So in cases like that all that's got to be done is using another deposit /withdrawal method
Not to accumulate expenses.
10  Economy / Speculation / Re: Road to 100k? on: April 23, 2024, 02:41:48 PM
well, we can't say that a profit of $40k isn't profitable for an investor that has a good quantity of Bitcoin and surely being profitable in Bitcoin investment doesn't necessarily mean that Bitcoin will have to shut up too high before you will be in profit. Depending on the quantity you've been able to stack till you have such difference, $40k profit isn't a bad one and from what i have come to realize, what's really important isn't that the margin is too big but rather,
How many people do you think own a Bitcoin?
There are around 800K+ wallet address that own an Bitcoin and 47million wallet with atleast $1.
A rough estimate but you can tell what am playing out.
I don't own a Bitcoin yet so I spoke from my POV and accumulating for 10 years?
How many people do you think have been aware of accumulating Bitcoin for 10 years.
Don't forget Bitcoin is just 15 years old and it's exposure 10 years ago wasn't like present.

Quote
well, we aren't sure whether or not those earlier Bitcoin holders that starting buying Bitcoin when it was at $16k  have been able to HODL till now. I guess part of the problem they might have faced just like what some persons are currently facing is the uncertainty that was in there minds at the time regarding whether or not Bitcoin will be able to get to $60k or not and some might have refused buying or might have probably sold at the price of $16k because they might seems to be in a good profit based on the price of Bitcoin as at the time they started stacking
You can confirm from explorer addresses that have bought Bitcoin around that range or lower and still holding
Some are even still accumulating
Microstrategy started buying since 2020 and still buying till now with last purchase around $68K+
These are examples of body or people that believe Bitcoin at its current price is still too cheap so why do they need to sell now.
There are individuals in this forum that have been holding Bitcoin for longer periods, I even have a friend that's still holding well not Bitcoin but Ethereum since it fell after FTX
And he isn't planning on selling anytime soon.
Stronghands exists.
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2024, 10:11:22 AM
Wrong thread.Move to Trash.

Imagine if a country would actually invest that precious money from tax paying citizens in say... BTC...
but nah, it's better to stay broke, take more money every year and remain broke, print money, promise money you don't have to people who can't be arsed to lift a finger,
and be broke some more.

Unbelievable.

The issue is not really investing in Bitcoin but using the tax accrued for the citizens.
Corruption is becoming mainstream, is like what you order is different for what you get
Picking a government is something that should be done with utmost consideration
The success of an Economy still lays in the hands of the government.

12  Economy / Speculation / Re: Road to 100k? on: April 23, 2024, 09:34:05 AM

How do you know if there is going to be resistance at $100k or not?
Many individuals have already started confining themselves  to the matter $100K that's it's becoming a psychological level to them.
I still don't understand how people would dream too small
Buying Bitcoin around $60K and selling at $100K is not profit to me
You can't compare it with individuals that bought for $16K and still holding.
Funny that getting to $100K,Bitcoin would use the money of those that shorted at 100K to shoot higher.

 

Honestly I thought by now we would be having Bitcoin price at $100k before the halving period but it seems to be on a slow mo and no rush, investors are currently looking for the right time to smile to the bank but waiting till it gets to $100k is still a win win and a better profit.
No time is too late to start investing even though the price is taking it's time to go back to $70k, those holding can still hold because Bitcoin price is heading to a positive way that would some how hit $80k before the end of this month but can the high transaction fee be an obstacle to withdraw when Bitcoin price is right on track like to a $100k+? Because I see it as a means of slowing down business if it continues.
If you holding I see no reason why you would want to withdraw and be affected by the fee.
I will only consider if you planning to move from your CEX to a secured wallet for further keeping.
$100K shouldn't be the goal is too small
With 40% increase Bitcoin would cross it.

TBH Bitcoin beating it's all time high before the halving was outside my expectations,so am surprised people believed it would hit $100K before the halving.
Don't forget that it rose from around $15800 to $73K that's almost 500% and quite impressive in my book.

so I believe that cryptocurrency and mostly bitcoin can not do without investors,
Don't forget Bitcoin is more than an investment asset.It might look more like one doesn't mean it's it core value.
13  Bitcoin / Bitcoin Discussion / Re: Please, I urge you to buy bitcoin! on: April 22, 2024, 09:33:00 PM
^^^ With 8 billion people on Earth, that's (on average) 262500 satoshi's per person. Plenty enough to do business with.

Cool
Yeah lots of satoshi for everyone to have but there's nothing bad in getting it at cheap price (current price).


Well the use of please at the subject is off putting
You don't have to beg people to invest in Bitcoin its their choice.
Share it and who's interested will subscribe in
Like they say many are called few are chosen
Just hope you among the early few.
14  Economy / Services / Re: [OPEN] eXch.cx - Automatic Exchange | Sig Campaign | Up to $120/W on: April 22, 2024, 09:10:26 PM
Username :Ambatman
Btc Segwit :bc1qfdvxsa7edrl6fy9xhchnuef3v7e5c5jpsfg3te
15  Economy / Services / Re: [OPEN] BlackJack.Fun | Signature Campaign | Up to $90/W on: April 22, 2024, 06:26:51 PM
Bitcointalk Usermane:  Ambatman
Blackjack.fun Username:  Ambatman
16  Other / Beginners & Help / Re: Any portal to see OP_RETURN messages in readable format? on: April 22, 2024, 03:32:01 PM
Do you mean in its Hexagonal format?
You can use this site to change it to text https://www.rapidtables.com/convert/number/hex-to-ascii.html And the other way around if you planing on making an OP return transaction.
17  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 22, 2024, 09:37:45 AM
Wasn't able to drop a report since I don't want to post a couple of lines everyday
I stopped last time on the 18th
Didn't do any significant push-up on the 19 since I was very busy so would scratch the day of
Reports
100k,Ambatman,9,1110,2024-20-24
100k,Ambatman,10,1260,2024-21-24

.....
That's the rock 2003 right?  But lets neglect that
If Bitcoin is that muscular 2024
Imagine the size in 2025
Would have said the hulk but how are we going to explain the size in 50 years, A Titan?

 

Quote
(•) (•)

Team push-up already $83K+
Team push up and Bitcoin who's gonna hit 100K first
With an average of 4K+ push up per day we would be hitting 100K before 4 days.




18  Economy / Economics / Re: What scares me from investing in gold. on: April 22, 2024, 06:36:47 AM
If you interested in having gold why not invest on a gold ETF
Physical gold is not worth the risk and with it's high price Now and difficulty in selling at market price
I don't see it been profitable
Gold rise lower than other stocks and buying at $2K doesn't mean you can sell at said amount but most likely lower.
Not to mention physical Gold can be stolen.
19  Economy / Gambling / Re: Hit the MAX WIN on Zeus vs Hades—$240K payout in crypto! on: April 22, 2024, 04:55:18 AM
Congrats for the win. I suggest to withdraw it on daily basis. Well, you don't have a choice since there's a 5k daily maximum limit. Since ethcasino doesn't require kyc as per their FAQ page[1] so it's good. If you will calculate it 240000/5, you will spend ages before you got withdraw that amount, good luck, and again congrats.  Grin

[1] https://www.ethcasino.io/faq/your-account/does-eth-casino-require-kyc
Its $5K. That would take around 48days to withdraw everything.
Just hope and see how far they go
If you lucky you get your full funds if not they find a way to disqualify you from your win.
It's just 48 days just be patient
They paying it's already a good sign.
Congrats on your wins
20  Economy / Games and rounds / Re: [FREE RAFFLE] Blackjack.fun 🖤 Prize $50 in Bitcoins | Round #2 on: April 22, 2024, 04:46:34 AM
18-Ambatman
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