Did you see what the fake news about the SEC approving the BTC ETF to BlackRock did? I was quite skeptical about the price effect such an ETF would have because I thought all these investors could buy BTC without it, but when you look at all these companies involved in it, we are talking about $15+ trillion under management just from BlackRock and Fidelity and it is logical to assume that part of these funds will be directed towards Bitcoin.

In addition, the effect on the price is hidden in the fact that these funds have to buy actual BTC in order to be able to sell shares in these funds, which means that the demand will surely increase. In the event that the effects of the halving coincide with the approval of the SEC (and they will not be able to say no indefinitely), the perfect situation for a big bull run would be created.


I would also be quite happy with some $150k as the next ATH, especially if we consider that it is more than x5 of the current price which should definitely be taken into account.

I remember one member who was also from Cuba a few years ago and had similar questions as the OP, and he wrote that the internet in Cuba is very expensive and not available everywhere. According to some information I read, the situation has improved a bit, but I wonder how the OP gets the internet, or whether $2 a day would be enough to cover those costs?

It is a completely logical question, but at the moment no one can answer that question because no one can know what the future brings us. There are two options, the first of which includes that history will repeat itself no matter what and that we will have another big bull run, and the second is that we will break the tradition and that the four-year cycle will become a thing of the past.

I personally believe that the bull run will happen as it was the case in the past, we just need to remember that the last bull run produced an ATH that only exceeded the last ATH by 3.5 times, and it is possible that the next one will be smaller than that. Of course, I'm saying all this without taking into account the possible approval of the spot ETF in the US, whether it happens at the beginning of 2024 or 2025 is actually not too important.

@Distinctin, aren't you fed up with the bad and fake stories that come from that site?

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It seems to me that someone has spread this kind of news right now because they want to create panic when the price rises, and there is no solid evidence that the US government has even 10% of the amount that is being speculated about. Even if by some chance it is true, I don't see a problem with that, Satoshi made Bitcoin for everyone, including the US government.

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In case you did a little research and effort, you would have found out that Tim Draper invested the purchased BTC shortly after he bought it. This means that he did not make a direct profit from it, but it is possible that he earned even more through the investment he made.

I would say that he is doing very well, but if he continues like this, I believe that there is still room for him to surpass himself. The only question is whether the OP is a troll, or if he really has serious problems with understanding the world around him.


Especially because of the "crime" the OP is talking about - because in that case China should seek the extradition of millions of people who criticize them or even enable their residents to bypass the Chinese firewall when it comes to the internet.

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In the next episode : @Joeyp vs. Tor

Maybe you learned something from all this, and maybe you got a very cheap life lesson, considering that the amount doesn't seem to be a problem for you. So in the future, if something is not clear to you, first come to the forum and ask - and if you had done that, you wouldn't be talking about this now.

Furthermore, I hope you learned not to buy something you haven't seen, and that from complete strangers who also ask you to pay with Bitcoin or any other cryptocurrency. Bitcoin is a great thing, but only for those who know how it works - and that scammer of yours is obviously very well acquainted with what you still haven't learned.

Unfortunately, this is true and the world is turning into a place where any different (critical) thinking is taken as something negative. Even that famous CEO Pascal says that everyone who speaks negatively about the Recover service is actually doing nothing but spreading FUD.


Or maybe they've already made so much money that they don't care how the whole thing ends - and if the company fails in the future, they'll blame the people who didn't understand their genius. Your calculation definitely makes sense, and considering that the average user will most likely pay $9.99 a month to feel safe, Ledger would still be able to continue doing business.


In some countries, they enabled profile sharing with the condition that you pay extra for that option - in some other countries, they went in the other direction and even reduced package prices, but did not enable profile sharing even with an additional fee. Allegedly, the results of the new business strategy are more than good, and another streaming service has announced that it will introduce the same measure from the beginning of next year (D+).

You hit the point, and there is really nothing more to say, at least not for those who are not big fans of the great crypto messiah who is trying (obviously successfully) to sell them general knowledge as something of his own. This is the same man who claims that 99% of people involved in "crypto" will lose their digital assets because they store them in non-custodial wallets.

The man literally claims that 99% of these people are stupid, and I think it's stupid to trust such a man.

All those who get information from such bad sources do not deserve to have something good happen to them. From some other sources, it seems that someone from their team made very nice money, and the apology is free anyway.


https://twitter.com/rollbitcom/status/1713919556568113503

When I just remember that that news portal paid members of this forum to shill links and that we barely got rid of them, and today they have become some kind of source of "crypto news", then I am not surprised that so many people are ill-informed and completely lost. My advice is not to follow them anymore, and not to post their links on the forum.

There is always the possibility that something positive will happen, but also that something negative will happen that will affect the price of BTC. Yesterday, the price briefly flew towards $30k because some amateurs announced that the SEC approved a spot ETF from BlackRock, which of course was fake news. If fake news has such an effect, one only has to wonder what will happen if at some point such news appears that will be true.

Investing in BTC is always risky, not only because of the price, but also because of the way someone stores such sensitive data. However, as the old saying goes, "he who does not take risks, does not profit", it is up to each individual what he will do with his money.

I already mentioned to you that it would not be bad if you look for a better paid campaign, you are a solid poster and you are active on the forum, why not take advantage of that?

Don't be naive, the fact that they only recently announced that they will enable such an option, does not mean that this option did not exist in the past - and considering that their devices are not completely open source, no one could know if it was possible to extract the seed from the device. Their CEO confirmed that everything is based on trust, that is, that the whole thing is whether we believe that the company will not do something bad, regardless of whether there is (or not) the possibility that some feature will be misused in some way by someone who will get access to their systems.

I would not agree that @Pmalek is not familiar with the recover option, because all those links you posted have long been in the topic : Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities

When someone trusts that source, he gets exactly what he was looking for, which is fake news or a poorly written article. It seems to me that someone from that team did it on purpose and made good money, and all that nonsense about the investigation is only for naive people who believe in fairy tales.

If it happens that the SEC approves such an ETF for anyone, be sure that you won't read it first on some third-rate portal that doesn't know how to produce anything other than clickbait titles.

I am surprised that you start a topic like this without checking the facts, and they say the following:

The price of gold in the last 7 days is up an incredible 3.44%, and the price of BTC in the same period is only 2.47% - where do you see any significant difference in this that is worth discussing?


Unfortunately, I don't believe that this is possible considering that you asked similar questions in the past and did not take all the answers into account. It is completely pointless to compare gold and Bitcoin, you should have learned that a long time ago.

I won't say that you won't find some good, honest and informative videos on YT, but I think that there are very few of them and that it is quite easy to get lost in the pile of videos that the OP is talking about. Maybe it would be better if you start reading about some basic things instead of videos, and I think it's much easier to filter such content.

To begin with, I would recommend you to visit - > https://bitcoin.org/en/ and to pay special attention to the section called Resources.

As others have already written, rumors say that such investors still choose custody options that are supposedly based on cold wallets and therefore should be beyond the reach of hackers - and most CEXs claim that only a small part of the cryptocurrencies they keep for their clients is in hot wallets.

I would conclude that large and ordinary investors consider CEX as some kind of crypto bank, which of course does not make much sense when it comes to Bitcoin. Although such funds are always at risk, perhaps considering the knowledge of these people, it is a safer option than non-custodial wallets. Being your own bank is not easy and carries with it great risks, and sometimes it is much easier to leave those risks to others.

No matter how we look at this question, the fact is that there is only one correct answer - that regardless of the custody storage method, the well-known saying "not your keys, not your coins" still applies.

The halving never caused the price to rise instantly, it happened only after 6+ months, and it is possible that there won't be a significant bull run until Q4 2024. However, I do not see it as unrealistic (or impossible) that we have a pre-halving effect that could perhaps cause a 25% to 50% price increase before April 2024. Anyone who invests today and gets the opportunity to earn 100% after 1 year should be happy if that happens, but if they don't want to risk it, keep the money in the bank or under the mattress.


Halving is something that is definitely happening, but don't forget the possible approval of the spot BTC ETF in the US that can happen in the next few months, and most experts think that it will resonate very positively. In combination with the halving, it could very easily increase the price by at least x2 or more compared to the last ATH - which means that we could be talking about a price of $150k for 1 BTC sometime in late 2024 or 2025.

Before you write something, it would be wise to check the historical facts, because what you claim is simply not true. Each of the posts in question could have been created with the help of AI, because at that time they existed and were publicly available.

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That's true (for now), and while I agree that one should always be careful when someone is accused of using AI for their posts, in some cases it's even more obvious that someone is using just such tools - especially if it's beginners, or when the quality of someone's posts improves dramatically overnight.

So far (as far as I know) no HW company has been part of a scandal that involved seed being compromised in a way that could be hacked remotely/online, but Ledger will go down in history as the first company to allow hackers that possibility. Although I generally agree that leaking seeds/private keys is a complete disaster financially, sometimes leaking data that includes the physical addresses of HW customers can have even more serious consequences, because apart from what you have stored on HW, you can endanger the life of yourself and your family.

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I wonder how likely it is that something like that would happen and do you think that someone from that company or some hacker would do it? However, I think that the majority of people who buy such HW are not so naive as to fall for such a trick.


For those extra paranoid, maybe even that wouldn't be enough, but it's certainly better than the option of completely trusting only one manufacturer.

I do not doubt the data you presented at all, because I know that they are facts, and considering that I live in the EU, I know what the situation is regarding the availability of work and unemployment. What I want to refer to are precisely these work permits and the import of (mostly cheap) labor which, on the one hand, meets the need for labor which is simply not there in some countries, but on the other hand, all these people have a very difficult time adapting to our local societies, and in a certain percentage represent a great security risk.

The example of France, Germany or Sweden speaks for itself when it comes to such migrations, and the disastrous demographic policy in many countries does not work for us at all - while one of the EU demography commissioners (from my country) talks about how the solution for that problem is in African countries.

I do not think that this is even close to the solution we should strive for, because although we solve the problem in the short term, in the long term we risk huge cultural and social problems with such a policy.

If we start from the fact that most people invest in Bitcoin exclusively for profit, then there is no doubt that any significant price increase results in a certain sales pressure, which again can mostly be amortized with increased demand due to the appearance of new investors who will be carried away by the FOMO wave.

You should also take into account the fact that a large amount of BTC is in the possession of investors who have kept it for more than 5 years and bought it at significantly lower prices than is the case today, and considering that $100k is a very nice and round number, many have it as an exit point - especially those who dream of becoming millionaires and have at least 10 BTC at the moment.

It would therefore be logical to expect that the selling pressure will be much greater than before when a new big bull run starts, and we should not ignore institutional investors who will be looking for their opportunity for profit.

As for the halving and the price change, I don't believe that anything positive will happen right away - and maybe even a slight drop will happen, which will be precisely caused by your way of thinking. What I want to say is that too many people see the halving as some kind of magical trigger that automatically raises the price, but the matter is much more complicated.