Bitcoin Forum
May 05, 2024, 06:41:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 [59] 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 ... 244 »
1161  Economy / Speculation / Re: Bitcoin is ready for $40k on: June 18, 2023, 11:47:06 PM
Of course bitcoin will go above 40k but not in 2023
 Bitcoin is expected to hit 40k next year that means 2024.
The way I am seeing the whole scenario of the bitcoin price heading at $40k will be around August. For this month and next month, bitcoin won't go above $35k. Anything that would make it go above the speculated price will be good news.
It would also be nice if Bitcoin doesn't go over $40K right away within the year as that would also be a pretty good opportunity for those who are still looking to buy Bitcoin within this year or before we head into the next year. After all, a lot of people would be happy if Bitcoin could go over $30K in the year even if it doesn't go over $35K because that's still good enough for those who have bought at $25K in the month. So enjoy the market flow and slow price movement, even if it's just a modest profit.
1162  Economy / Economics / Re: Hong Kong to allow banks to accept crypto firms as client on: June 18, 2023, 11:40:32 PM
The circular recommended and encouraged banking institutions to keep track on new market developments and to take a more daring approach to emerging markets like the cryptocurrency market. The institutions were particularly obliged by Hong Kong's central bank to assist cryptocurrency companies, which it refers to as "virtual asset service providers," in acquiring access to banking services.
Considering that the letter has already been circulated in Hong Kong, I also hope that there will be very deep progress there which specifically refers to banks that want to support cryptocurrency companies as well as companies that do provide services for cryptocurrency. This is certainly not strange for them as a fairly large country with a very large population, but I was only a little surprised by the circulation of the letter.

Quote
This new approval by the Hong Kong central bank will make trading crypto a more friendly traded asset in that region that house many populations and also in the adoption of it because of the various nationalities present in that region of China.
As for the adoption of cryptocurrencies in the Chinese region, actually I still doubt it a little because in the past there have been some bad news for cryptocurrencies that also came from there. But if at this point they have started to open their minds to cryptocurrency companies and also instruct banks to support cryptocurrency companies through the letter, I think that is a very good thing because this could have an impact on increasing cryptocurrency prices in the future if it really happened there (Hong Kong).

Quote
Despite the circular and assurance to the traditional banks there, they are still hesitant in accepting crypto firms. What could be their reason for being reluctant in accepting crypto firms as clients?
Their reluctance to accept crypto companies as clients may be because there is news about the SEC inspection that recently occurred on large crypto exchanges so that banks are still hesitant to accept crypto companies as their clients, but they will continue to study this if there is an intention to advance crypto companies in the region.
1163  Economy / Economics / Re: Is poverty a lack of money? on: June 17, 2023, 04:54:46 AM
I appreciate you.I see many people can't full fill their fundamental rights but they stay in well decorated house.some people i also seen consume three time  sufficient food but they stay in mud made house and they use horse and donkey for communication.Their children go to school by walking.They live happy life and they don’t want expensive car,Building and luxury lifestyle.
Actually, it's not that they don't want luxury cars or buildings that are more livable and an extraordinary lifestyle, but they just haven't been able to get it all so they prefer to enjoy what they have or what they currently have. So that other people see that they can live happily just by having that kind of thing, even though they are also struggling to make their life look better than it already is even though they don't reveal this to other people for now.

So don't judge something just by looking at it, but try to ask them directly so you can find out what they are feeling and also what they are struggling for in their life. After all, very few people in this world are comfortable living in poor conditions, unless they are really forced to enjoy what they currently have.
1164  Economy / Economics / Re: Rent or buy real estate - let's have a debate on: June 17, 2023, 02:20:41 AM
If at this time we are still renting a house then we must have a target to own a house in the next 1 or 2 years, it doesn't matter if we have to have a house loan,  if we continue to rent, it is certain that property prices will continue to rise and it will be increasingly difficult to own a house, to be able to achieve this goal, of course, we must be able to save money or increase our source of income.
It turns out that you already know the solution, which is to save money and continue to increase your income. Because without doing these two things, of course it will be difficult to have your own house even though it has been made a mission to achieve it, especially if someone is still renting in someone else's house, it is certain that every month he has to save a little money for further rent.

So there will be no savings for him to build a house in the future if he doesn't have extra income in his life. This will obviously make someone have to keep working hard tirelessly to realize their own expectations by continuing to apply savings accompanied by having additional income.
1165  Economy / Speculation / Re: Crypto experienced bloodshed on: June 16, 2023, 11:52:24 PM
I think the thing that has rocked crypto in the last month is the issue that Binance is having a crisis, I'm also worried that Binance will be like FTX so withdraw almost all the funds on Binance and all the funds are safe and I don't think it's a problem so the market is now reacting positively.
Binance will not experience the same thing as FTX, after all the two exchanges face different problems and their solutions will be different too. So you don't need to worry about equating the two for every problem they face because the case experienced by FTX is clear and the problems faced by Binance are also clear. And stock exchanges like Binance itself are also sure to be able to solve their own problems in a wise enough way even though the one at issue is Binance which operates in America.
1166  Economy / Economics / Re: Why you should use spare money to invest on: June 16, 2023, 11:46:03 PM
That should be the case and should be practice in any kind of investments available because sometimes investing will not guarantee profit and risk is still be the main player of it. That's why we should only invest of what spare and extra money we have in investments especially on crypto which is a very volatile industry.
People who already understand the risks of any investment will certainly know what money they should use for their investment, because remembering that it will not always be profitable at a certain moment makes everyone think twice before using their money for investment. Moreover, those who like long-term investments in certain assets will obviously use money that doesn't make them poor when they don't get a profit from their investment.
1167  Economy / Speculation / Re: Can we experience $80k this year? on: June 16, 2023, 11:35:33 PM
Current market conditions are red again almost 4%, I don't think bitcoin will continue to fall, this makes hopes that this year will recover must be delayed, looking at the current market situation it seems very difficult to reach $ 80k this year, maybe a big increase will occur in 2024 when the halving day approaches.
Price recovery is still possible for Bitcoin, but I also don't think that Bitcoin price recovery will surpass the previous ATH by creating a new ATH in the near future. Because a large increase will certainly be difficult if the time is short, besides traders and buyers who don't use Bitcoin for trading also don't make purchases at the same time so Bitcoin won't immediately increase sharply at one time. And today you can see a bit of a recovery taking place in Bitcin as the price itself is back in the $26K+ range.
1168  Economy / Speculation / Re: Bitcoin is ready for $40k on: June 15, 2023, 03:55:21 AM
yes bitcoin was poised for $40k but $30k resistance was a strong barrier and now the SEC is also a barrier  Cry
With the SEC issue I'm not sure that in the near future bitcoin will reach $ 40k, but if you talk about this year it is still very likely to reach $ 40k because what I know the SEC issue is only temporary and short.
How did you know that it was only an issue? If you often read the news on several trusted websites about SEC turmoil, I'm sure you won't say this is an issue, especially if you say it's temporary. You need to know that the SEC is investigating a large exchange with various claims and accusations so exchanges like Binance certainly cannot remain silent because this problem needs to be resolved by themselves for the sake of their good name and to restore the trust of many people to Binance.

Bitcoin market is not going above 30$k. But hopefully by the end of this year maybe we will see Bitcoin touch 40$k. But now we have to see if SEC will solve it then Bitcoin price will start to increase again. Now Bitcoin  Its market is on hold for the SEC. However, it is expected that the Bitcoin market will start to grow very quickly.
The reason for the difficulty of increasing lately is indeed related to the SEC, but what you need to understand is that the SEC has never held Bitcoin prices in the market even though the increase seems to be on hold because there are many parties who are securing their assets by not making new purchases on Bitcoin. And even some of them have also exchanged Bitcoin for other assets that are more stable, even if it's only for a while or before the problem from the SEC is over.
1169  Economy / Economics / Re: Is poverty a lack of money? on: June 15, 2023, 02:19:09 AM
You make an interesting point about poverty being relative to one’s needs and not just money. I agree that some people can live happily without money if they have access to natural resources and a supportive community. However, I wonder how you would define poverty in terms of other aspects, such as education, health, or human rights.

The definition of poverty in the three aspects you asked about is actually very broad because the aspects of education, health and human rights are more directed to how a country is led by a good government with development for these three aspects. Because education will look inadequate when called poor, so does health. As for human rights, this is more about how the government provides space for the public or the community to convey suggestions from them and be able to receive good input from the public.

This means that money poverty is also a very important aspect and cannot be separated from the three aspects you mentioned. Because someone who has little finances will not be able to get a higher education and will not be able to find more decent health in his life even though his human rights have been fulfilled. And for certain natural resources and communities, it is only a technical part that can be used to support a more prosperous society because natural resources that are managed and processed properly can also provide extraordinary results and make everyone move away from poverty.
1170  Economy / Economics / Re: how to overcome inflation for the community on: June 11, 2023, 07:12:39 AM
the society has been ruled by a narrow eliet that have organized the communities for their own benefits at the expense of the waste mass of people.
But do you think that all societies can accept orders from elites who have built their communities for their own benefit? Because I don't believe that all of society will want to take orders from the elite when the people know that they only rule for the benefit of themselves with little regard for anyone other than the people in their own community. So don't think that all people can be easily ordered and directed according to the wishes of certain groups.
1171  Economy / Speculation / Re: Bitcoin price motivation benchmark: on: June 11, 2023, 06:55:25 AM
Now the global economic conditions are very difficult, many companies are bankrupt due to the economic recession, this of course makes us have to be creative, if we only complain then we will not get anything, the best thing right now is investing in crypto which provides opportunities for big profits.
Do you think investing in crypto can solve the problem of global economic recession? Because the condition of the crypto market itself will not be so good when the global economic recession is still happening and to get profits in a global economic recession will not be as easy as you might imagine. Because investors and traders are also very concerned about spending their money on investment matters in conditions of global economic recession. So don't think that what you say can easily be carried out and make a profit.
1172  Economy / Economics / Re: Saving one third what you earn monthly is not that hard, isn't it ? on: June 11, 2023, 06:44:43 AM
Saving a third of your monthly income can be a realistic goal, but it depends on factors such as where you live and your expenses. If you earn $3,000 per month and have moderate expenses such as rent, food, utilities, phone bills, travel, and occasional entertainment, it's possible to save $1,000.
This is quite a large amount of income which is basically easier to save, especially if the point of saving is at $1000 which a person still has $2000 for all the necessities he needs to live. But this can't be imagined by those with small incomes because they still have to struggle for their daily needs first before struggling to make more decent savings in their lives even though by collecting little by little.

Quote
However, it's important to consider the cost of living in your area and your personal financial obligations. It also requires budgeting and the discipline to save consistently to create a viable savings plan.
Considering the cost of living is always important, and it's not seen from which environment you come from and live your life. Because budgeting and the discipline to save consistently are part of everyone's planning in life, even though not everyone can do it at the same time because basically everyone doesn't have the same amount of income in their life.

that is not an easy task esp at this point of time! since we are not a CEO of a fancy firm or earning a lot. But we can try manainting some goals and saving some funds to either have a vacation or to charity
Obviously it is not an easy task to carry out even though many people often say it is easy, because people who have little income certainly need to set every goal before they can carry it out gradually in life. Especially if they want to make savings for charity and for vacations, it always takes a little longer to make that happen, because they need to accumulate money slowly.
1173  Economy / Speculation / Re: BTC Sentiment Poll for June on: June 11, 2023, 06:21:54 AM
The price should be more stable on this level and let’s not hope for any bad news because we might see it down again. The market is on a big red candles and not just with Bitcoin, this could be an indication about the pressure of the government to cryptocurrency. Let’s not panic and just focus on our goal, remember that this is not the end of crypto, this is just a normal bear market, better to buy more.
The bear market that is still occurring this month is indeed an ordinary bear market that occurs due to bad news from other parties, which has prompted some investors and traders to start saving their assets into stable assets to guard against losses. And I also agree with what you are saying where we shouldn't feel panic and must stay focused on our own core goals because pressure from the government usually doesn't last so long on the crypto market, moreover the government also often wants to solve problems more wise through a better path.
1174  Economy / Speculation / Re: Bitcoin is on 30k how was your feelings ? on: June 11, 2023, 05:57:15 AM

It's a shame that my happy feelings stopped when the bitcoin price failed to break above $30k,
especially now that it looks like bitcoin will dump again and head for support, I don't know how long bitcoin will be bearish.
If you say Bitcoin failed to break $30K in the last month, that makes a lot of sense because there really wasn't a significant increase in the last month, but if you consider Bitcoin failed to break $30K this year, it seems you slept more often at the start of the year so forgot and didn't get to see the market because in the middle of April Bitcoin managed to pass $30K even though it only happened briefly before Bitcoin returned below $30K in the same month.
1175  Economy / Economics / Re: What is your personal debt reduction method aside the debt snowball method? on: June 11, 2023, 05:06:13 AM
Avoiding debt in the first place is a wise approach, and focusing on paying off high-interest debt can help minimize interest payments over time. Being mindful of your spending habits, such as avoiding unhealthy fast food and unnecessary purchases, can contribute to saving money and maintaining a healthier lifestyle. While it's important to consider these practical steps to reduce debt, it's also important to recognize that everyone's financial circumstances and challenges are unique. Sometimes unexpected situations or emergencies can lead to debt, and individuals may require different approaches to deal with their particular situations.

It is not only wise for someone who is able to avoid debt in his life, but also makes himself seen as stronger by others by not being able to reach our abilities. Apart from that, I also agree with the points you said where after a person is able to avoid debt, also avoid fast food and avoid buying unnecessary things in his life, I think that kind of person will always win in his life because he can save money from the smallest and simplest things to the biggest things which are always the main consideration.

On the other hand, people who are able to refrain from getting into debt and also restrain their lust from buying more unnecessary things are people who are usually quite disciplined in their lives. Because he will always value his time and money only for more important things without wasting it on things he deems less important in his life and I think this kind of person is a person who is wise enough to think even though only a handful of people do like this.
1176  Economy / Speculation / Re: Bitcoin is ready for $40k on: June 07, 2023, 03:29:22 AM
Chart Timeframe: Weekly

You can clearly see how the Bitcoin Price broke the resistance at 0.33 Fib level and now this week, it made it a support.
I am speculating that we are about to head to the $40k Range.

Let me know what you think about it.
This week, resistance and support are very visible in Bitcoin, but I still don't think that Bitcoin will immediately go to $40K, because I only have confidence in a price range that is over $30K and could be close to $35K if for a period of several months forward. I speculate like this because apart from seeing resistance and support levels, I also see a little difficulty in passing $30K even though it could be passed by Bitcoin this month if the increase in prices like yesterday continues.
1177  Economy / Trading Discussion / Re: Bear And Bull Market? on: June 07, 2023, 12:00:15 AM
Many people put money without knowing whether the place is safe or not, besides that they hear the news that the way to get rich quick is to invest in bitcoin, when a bear market occurs they panic and think that crypto is a scam and there is no hope of rising again .

Never mind those who are not knowledgeable about cryptocurrencies and who jump to bad conclusions when they see a downturn in the market. Because those who are like that will never have the patience to wait for profits in what they do, especially if the dedication is to get rich quick which is always more impossible for investors in the crypto space to get.

Such people are not good in the crypto space because they would be much better off if they want to quit crypto and look for other places that might be more convincing for themselves, but I believe that those with that kind of thinking will have a harder time finding profit or success because usually they do not want to be patient through a process.
1178  Economy / Speculation / Re: Time to Hodl or buy the Dip? on: June 06, 2023, 11:27:27 PM
With the current bear run of bitcoin at the market cap of 520.50B, down from 527.83B yesterday and down from 570.09B one year ago, at the price of $25k do you think it is a good opportunity to Hodl or buy the Dip in the current market?
$25K is a decent enough price to buy Bitcoin now, especially since it didn't last so long because now the price has returned to $27K which drop in the past two days is an opportunity for everyone who is still confident to continue to take advantage their buying moment on the Dip. So don't hesitate to buy on the Dip if it's Bitcoin, because in the few months that we've been through this year, Bitcoin has also gotten a little pump more often after a brief dip like it did in the past two days.
1179  Economy / Economics / Re: Investing Addiction. on: June 06, 2023, 11:17:56 PM
I think investment addiction is something that will lead a person to progress. lIt is better to invest than to waste money in the wrong place. Because of the investment addiction, you can make more money than your assets. Losing money by investing in the wrong place will be considered a waste. Before investing, one should know carefully about the investment and know how much potential for the investment. Do your research and invest which can make you wealthy.
This means that you also emphasize a much better place in investment, right? So you should also recommend the place to everyone even though most people who are very experienced with investing always prefer research before committing to any place. Because investment still has the potential for loss if the place is not very proper or wrong, besides all investors who often make these investments also have quite wise goals. Namely expecting profits in the end so they certainly won't put money carelessly in a place that doesn't give them full profits.
1180  Economy / Speculation / Re: What happens next if Bitcoin drops to zero? on: June 04, 2023, 01:21:57 PM
The point is not that bitcoin will or will not fall to zero, but that the blockchain will continue to work well anyway. Although zero is impossible because the measure of value will still be there, bitcoin can still be used to buy or sell goods. If the dollar becomes weak, bitcoin will be measured in another currency.
In terms of value or price, Bitcoin can actually be measured by any fiat currency as long as the currency also has value so this clearly doesn't depend on the dollar currency. This is what makes Bitcoin not easily become zero again as long as most people can still measure its price and value with any currency, because it is always based on the level of interest that exists for Bitcoin which also causes the blockchain to continue to work when there is a transaction
Pages: « 1 ... 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 [59] 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 ... 244 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!