You have a point here, but in as much as 1 Bitcoin remains 1 Bitcoin and yet it's value is still given with respect to dollar,
Don't mix value with price. Bitcoin is priced in dollar but it can still be under or overvalued. IMO it's currently undervalued and when it fell into depression of ~18k it was largely undervalued. people will always continue to be worried, because unless all items were sold in Bitcoin, then no one would have worry any longer, Items are bought and sold around the world for various currencies that are exchangeable for other, yet nobody worries that they sold a car for EUR, but if the buyer agreed to close the deal in USD they would've earned more. My advice: don't worry about these things! You can't make the best deal in the world. There will always be something better and more valuable you could've bought for the same amount of money in USD, bitcoin, or any other currency.
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Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said in a tweet on July 29 that “Fed Chairman Jerome Powell’s “meeting by meeting” comment may mark the pivot for Bitcoin” to outperform most assets. He's talking like only the US economy decides the fate of bitcoin. There's no other markets around the world and this Jerome dude is going to be telling us what to do with our money in Europe, Asia, Africa... All of those people is going to sell because Jerome says so and buy when Jerome stops pumping the dollar, even though they don't have any dollars. Glassnode cited several on-chain metrics and said in the weekly on-chain newsletter titled “Beginnings of a Bear Market Rally” that the rise in Bitcoin and Ethereum is not supported by strong transactional demand and “this rally has not yet seen a convincing follow through in observable demand activity.”
In early Spring, Glassnode was talking about a large accumulation from investors and a possible bottom at 40k, above the 2021 30k bottom. They were pointing at possible higher high after that bottom. Unfortunately they did not foresee the war in Ukraine and the Luna bankruptcy. They also did not expect Tesla to sell and so on. Bottom line, the price doesn't move because glassnode or some bloomberg analyst sees a pattern. It moves because a lot of people come and buy and this doesn't have to be a gradual increase, just like the drop from 40k wasn't a gradual decrease. It just happened one day and nobody was able to write a piece about it before it happened.
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Play stupid games, win stupid prizes.
I've always wondered why people try to get into collapsing schemes. It's always like that. Years ago when there were many cloud mining scams and there were threads all over the forum, every week you'd get someone asking if it's a good idea to put money in this or that site and all they needed to do is search the forum or google it. They were too lazy for it, but they weren't too lazy to make an account on a shady site promising 10% a month and send them their hard earned money. So I'll ask again. Why do you keep playing in shady casinos when there's so many legit ones. Your chances of wining at a legit one are probably 40% or less, why lower it to 0 by trusting scammers?
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I've watched a video that a crypto company in Japan keeps their most bitcoins/crypto into a hardware wallet. It's safe and it has glass covers and only a few executives has direct access on it.
I can't remember the name of that company but it was an exchange.
I think that there's really no difference on how an individual bitcoin investor keeps his bitcoins safe on a hardware wallet and the same as the enterprises.
In the era of MtGox nobody knew about air gapped machines or hardware wallets. They had it all on bitcoin core wallets and we know how it went from there. At least the hookers that Karpeles was paying for were happy with the money they were making. Most whales need fast access to their money so I'd expect them to hold it at home with keys on some engraved metal plate so it can't be destroyed in a fire. That's what I'd do. A wallet can be made small enough for you to hide it anywhere like in the floors or behind a lose tile in the kitchen. I have my coins on a hard drive in a fireproof safe. Even if someone manages to steal that I'll have backups hidden in a safe place that will allow me to access and move the funds before anybody can crack the password. The more money you have the more security you need.
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Indian government is corrupt and they're trying to limit the ability of politicians to launder money. It's like you have a house infested with cockroaches but instead of getting a company to gas the house and kill them you look for the holes they use to move around the house and patch them up with concrete. It's not going to stop if you keep playing around. India should fix their laws first. It's funny that every time bitcoin is banned somewhere it's due to incompetent government that can't deal with pressing matters and tries to put the blame on something else. Surely it's this big bad bitcoin that's corrupting these politicians and allowing criminals to move money around. We ban bitcoin there will be no more corruption and crime
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Guess technically Jews could always stop the concentration camps if they had majority in Nazi Germany... Cause you know discrimination and racism is always decided via majority vote
Only if the country is actually democratic and asks people about their opinions. Are you trying to say Hitler asked the Germans if he should gas Jews in camps or not and acted only after he got the majority of votes? Putin surely asked the population if he should attack Ukraine and the majority said yes, which is why soldiers were told they'd go to Belarus for training, took a nap in transport trucks and woke up in Ukraine. That's a nice theory you got there.
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Exchanges won't go out of business because people will still need them to transact. Also, traders are a big group among bitcoin users. These people will not resign from their trade just like that. Last but not least, exchanges often trade multiple coins, not only bitcoin. If almost all bitcoiners become holders, exchanges will only lose a part of their profits.
Most people already hold coins outside exchanges. I've seen an estimation that less than 4 million bitcoins is held on exchanges and the rest is in private wallets
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When we're talking about 1k, we should first talk about 10k, 6k and 3k. Those were very important levels in the previous bull and bear markets. Say, we'd go back to 10k, which was the consolidation level before the 2021 bull market. Why would we go that low and why wouldn't big players jump in to buy? If that's lost and we'd go to the 6k, which is the sustained bottom of 2018 bear market (Yes, that was the real bottom. We fell below only due to miner capitulation and that made illiquid exchanges crash below the once strong support.) Why wouldn't traders take that opportunity to buy? Next is 3k. At that level all who bought bitcoin since 2019 would be long gone, so for us to go to 1k you'd need long time holders to sell at a loss. People who had coins in 2017 and did not sell them for 20k, then held through 2 years of bear market, a crash to 3k, then another crash to 3k in 2020 due to covid. I'm one of these people and I would never sell at 3k because I know that in a year or 2 price would definitely rebound above 10k again.
I held through 2018 bear market and I'm not going to give away my coins to someone for a mere 3k, and 1k is of course out of the question. Iven if I were on my dying bed I'd rather gibe it to my family to hold than sell it at 3k or less.
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I'm quite funny seeing how the law is in the US.
abortion = killing, indeed everyone has full rights over their bodies but is killing something that should be justified?
Previously I was also concerned about seeing LGBT people being removed from mental disorders....
We kill animals every day, we kill fish, birds. You boil an egg = you kill a chicken. So, the question here is, at what point the egg becomes a child? Is your sperm a child? Is terminating a pregnancy in the first month a murder? I fell like we should give women some freedom of choice. Sure, if you terminate a healthy pregnancy in the 9th month it can be considered murder because at that point the child feels, hears, has all its organs developed and is able to function outside of mother's body. That said, we shouldn't put this in black or white terms. What if a woman finds out she's missing her period for the first time, so she takes a pill that assures her she won't have to bring an unwanted child into this world, long before this child begins to develop? That IMO is not the government's job to regulate.
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It's going to be a big deal for Kambosos because he clearly lost the first fight and this was his only defeat. If he gets his ass handed to him for the second time he's going to make his lifetime score look much worse and he's taking on someone who's clearly better than him. We're talking rank 1 vs rank 4 in the division. The only good thing going for him here might be that he learned something from his first fight. I feel like he's going to lose again.
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I don't really care to watch streamers streaming slot games from a casino or a gambling site but I am surprised that slots are in the top list. My thoughts is because casinos want to make their casino be known to many using social media platforms and even partnering up with streamers then both side can achieve their goal where the streamers earn and the casino is advertised. It's a win-win situation for both party. It's business after all.
I don't watch them too. I think Drake was the only one I watched and it was fun, I admit it, because the guy is a joker, but apart from that, I wouldn't start playing a game because a streamer does it. Some people must be doing it though, otherwise casinos wouldn't be paying those streamers so much money. I also think the stats are fake. Come on, slots? Slots aren't that entertaining. Maybe if they were playing pc shooters like CoD for money people would watch them. Who wants to see an online slot machine rolling?
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No wonder they lift it because there was completely no connection between a number of withdrawals and maintaining supply. If somebody really wanted to move their money they wouldn't do it in 6 withdrawals or more. They'd do it in 1 or 2 and it would be all gone. If I have 100k and want to close the account withdrawing it all in one transaction is not a problem for me. If the bank wants to limit me it's just another red flag in my mind that can make me exit faster.
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You can survive or you can eat well. To survive 30 days you don't need a lot of variety in your food. You could get ready to eat daily military rations and have some of those stored in a cool dark place. They usually stay fresh for up to 5 years, but I've seen people eat 20 year old rations. Probably the most tasty and healthy would be frozen precooked food. Like when you make a large amount (10l) of beef goulash with a ton of veggies, pack it into portions and freeze it. It can be eaten with bread, rice, potatoes, pasta, whatever you can get, and it will provide plenty nutrients. If I had the choice I'd rather hold frozen natural food than meat and bean cans. and of course home made vanilla vodka.Which I always like to have at least a liter of.😀
I know a guy who seems to get all his nutrients from alcohol. Every time I see him, he drinks, or is drunk. I've seen him work on neighbor's land and I gave him a small job to do on mine. Both times all he wanted to drink was beer and he never ate anything. Apparently beer has a lot of calories.
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It's sad that those sellers were treating bitcoin like it's some kind of dirty money. With online marketplaces it's always fine when you accept all their terms, but when you say "but I want this" the problems begin. They usually bail or don't want to accept it, or think like you're planning some sort of scam, even if it's some kind of little thing. I remember when we went to buy a car and we sat down and told the seller that everything's fine, but we want to pay half in a bank transfer and half in cash. It was nothing really, should be no issue whatsoever, but I remember the man and his wife exchange looks like "What do you think? Are they planning some scam? Any red flags?" People can act too suspicious sometimes when it comes to money.
Anyway, congratulations on your purchase, may it work well and as long as you need it to.
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You forgot about probably the most important factor: the pandemic. What we're seeing right now is in my opinion a direct result of how countries handled covid. Ukraine is just a secondary factor, but the primary one was money printing and giving it away in the form of stimulus packages to prevent the economy from collapsing while the lockdowns were in place. I believe the lockdowns and covid restrictions were unnecessary and the governments first issued those, then they printed money and now we're getting the inflation shockwave which is what's causing all stocks to go down and cryptocurrencies along with them. There's nothing wrong with bitcoin. It's reacting to the world around it. Companies don't have money so they sell assets. Those who have enough money to hold through these hard times will come out on top when the trend reverses, and it always reverses. If it ever does not reverse we'll have a world war or some Mad Max type of chaos, so you won't need investments anyway
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I'm sure it wouldn't be the same without signatures, but casinos would find other ways to advertise. The free market always adjust. Casinos existed before this forum and will exist when the forum is gone. Signatures are a great way to promote business and they work wonders, but they aren't irreplaceable. Without signatures people would probably advertise using avatars and without those they'd be back to posting links.
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Maybe it's free but I wouldn't trust it. Tipsters who are just starting their career are always going free to build their reputation and gain potential customers but it's always just they hoping for the best. They've got nothing to lose if you think about it. If they get a high win ratio, they'll probably gain some followers and ask them for donations to get some money for betting. If they don't, they'll change their name and start again. Rinse and repeat until they get some wins and some people to buy their tips.
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This is a cruel question, it makes me remeber back in 2015 when i spend 3.2 BTC in a used car: The bitcoin price at that time was close to $430/coin so, i should wait a lil more and get a Ferrari with those 3 BTC. I never expect to see bitcoin going to the moon, but it was a nice lesson to learn and a hard to swallow pill. I also bought a car with my BTC, but it was last year, in 2021 and it wasn't 100% BTC. My wife paid most of it from her own savings and the rest was BTC. The total price of the car was around 16k EUR and maybe 7k of it was bitcoin. The price I sold bitcoin at was somewhere around 50k USD. The car was a Volvo V40 and we still have it. Mi biggest BTC purchase that I paid for 100% in BTC was a computer setup that I bought from Amazon using BTC gift cards. It was 2019, I paid ~2k EUR at @9k EUR per BTC. I'm using this PC today, it didn't break and it didn't get old.
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What is also one of my theories is that Satoshi Nakamoto is the name of a group of people. They had a leader that did indeed write with a specific style, but in the end they decided to quit the main developer account they used as a group and decided to use individual accounts on the forum.
It's much harder for a group to keep things secret. You always have someone who falls in trouble and needs money, you have someone who seeks fame, you have someone who is not as perfect in hiding their online footprint as others. I'm not a fan of this theory because after many years we had completely no leaks that would probably appear if these people were alive and used to work as a group. I believe Satoshi was thinking about letting things play out without his involvement. I don't know if his exit was planned or forced. Maybe he wasn't planning for it to happen so soon, but things rarely play out the way we want them to.
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1. At what age did you start learning about bitcoin? I was exactly 30 years old. 2. What role did age and prior experience play in helping you learn about bitcoin and cryptocurrency? I had some negative experience with banks and some background in online marketing. I was at first interested in mining and came to the forum to learn how to make some money online. Learning the basics wasn't hard. In the first they I already had several wallets, an exchange account and I was having fun reading threads in off-topic 3. With your current knowledge about bitcoin and cryptocurrency, do wish you started at an earlier age? Of course, but not to learn more. I feel like I've reached the peak of my personal adoption curve. I'm not going to be a bitcoin dev or a blockchain analyst. I'm not going to be coding wallets or making my own altcoin. What I know once could learn in a week. They wouldn't have all the experience, but basic technical knowledge. I'd like to start much earlier, preferably in early 2012, when you could claim faucets and when bitcoin was worth just a few bucks.
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