I don't like 50% of this conception. 25% Cash?? Why? Static cash is the sure way to lose value. I agree it's good to have liquidity in a recession or crisis, but it's much better to keep that 25% in high-liquidity assets than cash. it's hard to guess what are the other 25% I don't like  The Gold. |
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Thanks to the Lightning Network, it's now possible for Bitcoin to provide instant, cheap transfers to everyone. Adoption for the off-chain scaling solution is low, in part because of the LN's complexity. Now, imagine an scenario where the Lightning Network becomes heavily adopted by people in the mainstream world. It could threaten the existence of traditional payment processors as we speak. While I don't know how much TPS the Lightning Network is able to process, I'm pretty sure it's near close as VISA. Do you think the Lightning Network will be able to challenge VISA someday? If not why? What if traditional payment processors like PayPal, VISA, and Mastercard decide to run a LN node in the future? Will this benefit Bitcoin in the long run or not? Your input will be greatly appreciated. Nope. What is much more plausible is VISA to adopt crypto/stablecoins (which they are testing right now) and then to use your crypto on every VISA logo store/shop. VISA is very pro-crypto and friendly. -- https://cointelegraph.com/news/visa-will-facilitate-usdc-payments-thanks-to-fresh-partnership |
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95% is a too big number. The average % of losers is in the 70%-85% range.
FX/CFD brokers are obligated by law to have disclaimers like:
IG.com - "75% of retail investor accounts lose money when trading spread bets and CFDs with this provider."
Plus500.com - "76.4% of retail investor accounts lose money when trading CFDs with this provider. "
and so on.
Trading is not a zero-sum game. Fees are eating a lot and when you add freed and incompetence, then the % is skyrocketing.
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Tweet as a NFT... the whole NFT mania is getting ridiculous.
I think that many of the 'artists' are pumping their creations with second wallets. This is also a perfect solution to come out with 'clean money'. I'm not buying it!
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Would you buy Tesla using your Bitcoin or you will wait to $100K?  I will keep my BTC because I find Bitcoin an asset while Tesla may be a cool car, but it's a liability. I cannot afford a $40k liability (still). But a friend of mine is planning to be one of the first in the UK to buy a Tesla with Bitcoin. I will follow him to see how flowless the process is when this becomes possible. |
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Now that DOGE is massively adopted by people in the mainstream world, I'm starting to wonder what the price per coin will be in the future? While you and I know that the odds of Dogecoin reaching astronomical levels in price are very low, anything could happen in this strange and bizarre world of crypto. With Elon Musk in the game, we might be closer to the moon than we've ever imagined.  What are your predictions for Dogecoin's price in the long term? Your input will be greatly appreciated. Thank you Sorry, but I don't see any DOGE mass adoption besides some hyping tweets. My prediction is that one day Musk will get bored from the DOGE and we will see it again at 1/10 of the current price. I wouldn't put my money on anything that can be manipulated like this. |
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...
Also Time Magazine is looking for a new CFO "comfortable with Bitcoin and Ethereum". Time is like a dinosaur trying to chance. I'm not sure do they really embrace the change (and will change) or are using the hype around crypto for some free ads and headlines... |
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...
He also says that they will not convert the BTC to fiat.
This is the best part! Tesla will now build a bigger holding every day. I'm curious how this is working from an accounting point of view to the yearly reporting? Are they assigning the dollar value on the day of the sale or? |
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I was really surprised to see PundiX back to life, especially with a dying High Street and sky-rocketing E-commerce. It seems that people are biting again to every altcoin these days. I will pass to re-enter in PundiX. |
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AME is promising 'VIP' staking right now with 1y locking and 150% APR.
As they are still having problems with other stakings and bounty programs, this sounds like a total exit-scam and I will pass for sure.
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The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?
The next short term target is $60000. For now, next target is new ATH.
BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)
Recently read the list of coins now moved from 2011 is in record-high right now. It so seems that the majority of people are true holders. But I see Bitcoin and other cryptos most as money-making options with much greater APR than anything else (legal). |
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Would be interested to hear what the point of view is on a recent increase in press statements as follows: ‘Bitcoin may soon consume more power than Australia’— almost 10 times more than Google, Microsoft and Facebook combined.
Is there anything behind this or is it just another angle of attack against bitcoin prompted by remarks by Bill Gates?.....is it even possible to calculate consumption in this way?
Half-truths are the most dangerous. Yes, this is partially true as PoW is a very energy consumption algorithm. At the same time, only the plugged standby chargers are using way more energy globally. [1] Banks are eating even more, but nobody is demonizing the bank about their carbon footprint. [1] Vampire Energy: Essential Answer https://stanfordmag.org/contents/vampire-energy-essential-answer |
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Good news for all Nigerian friends around!
It would be even better if the Indian Government realizes that those bans are not leading to anything good and abandon the Indian crypto ban project!
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The fee's amount is crazy, but this transaction has more than 630 inputs! The Fee per byte is close to average: 107.553 sat/B I guess somebody combined a lot of old dust... |
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I found BofA for wrong. $93mn definitely could bend the orderbooks on one or two exchanges. But Bitcoin is a too complex market with spot, margin, futures, etc. To 'move' the price, you will have to split those $93mn in all exchanges overall trading instruments, and then I'm sure that this will dilute the money into the mass without changing the price. This is possible on smaller coins, traded on fewer exchanges. |
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I think so. Now they are presenting the BCH as Bitcoin/Ethereum cheap (on fees) alternatives for everyday transactions, etc. Neither way, BCH will stay behind. |
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As with everything else, it depends where and how you want to use it. Is Bitcoin better than fiat for daily use? Nope and nope. Buy bread and butter with Bitcoin, or make your grandparents do it. Is Bitcoin better than fiat as a store of value? Definitely yes. Is Bitcoin better than gold as an investment? Currently, yes. In the future, maybe. And so on, depending on the use case. |
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Yet, at the same time, the EU is preparing one of the strictest crypto regulations in the world. If accepted, I think the EU will leave behind with crypto startups and later will apologize as it's now the situation with semi-conductors. Will see. |
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I for one am selling my 26 bitcoins and laughing at the buyers to be honest
When it climbs past $100k, who will be laughing at who? Exactly. OGs will sorry. I'm very cautious after Bitcoin passed $30k, but I think it will be way over $100k in the next 12 months due to all companies jumping on the train and more mainstream business adoption. |
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On the hardware level? I don't think so, especially on a corporate level. On the software level? 100% every second trojan tries to access private keys and everything else with even a tiny value. |
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