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Other / Politics & Society / Re: Gratitude should be an attitude
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on: Today at 01:52:24 PM
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Being thankful for the good things in life & the good people around you is a really good thing. You should always tell people how much you value what they bring to your life & how much you love them. Showing gratitude ensures people see you in a good light.
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Economy / Economics / Re: WATCH the Federal Reserve's FOMC meeting May 1, 2024
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on: Today at 11:49:06 AM
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With the current look at crypto & stocks I think people are predicting that rates will stay the same & we’ll be told higher for longer. I’m not sure how much more of this the economy can take though until everything cascades down. Hopefully he is slightly dovish & Bitcoin recovers but I’m not confident of it.
But I do believe that Jerome Powell might postpone the planning of three rate cuts that he has been using to keep the stock market from crashing. I agree, a few economists think we might get one in 2024, possibly December. I just hope they keep the economy propped up for long enough so we can get a full cryptocurrency bull run without any interruptions or anything neutering it like last cycle with FTX & China ban.
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4
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Bitcoin / Bitcoin Discussion / Re: CZ Sentenced, Your Bitcoin in their Custody
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on: Today at 11:00:53 AM
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Four months isn’t too bad after what some people were predicting but regardless, I don’t see any victims in this case. I don’t think he should have received a custodial sentence at all. He paid a huge fine & had to step down at Binance, that is enough of a punishment in my opinion. We will see you out as a free man in four years CZ.
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7
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Economy / Economics / Re: WATCH the Federal Reserve's FOMC meeting May 1, 2024
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on: Today at 09:31:29 AM
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With the current look at crypto & stocks I think people are predicting that rates will stay the same & we’ll be told higher for longer. I’m not sure how much more of this the economy can take though until everything cascades down. Hopefully he is slightly dovish & Bitcoin recovers but I’m not confident of it.
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8
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Economy / Speculation / Re: When will the real bull run begin?
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on: April 30, 2024, 05:12:13 PM
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It looks like the price is dumping for now, I don’t think this is anything to worry about. We are where we should be really, the action is tracking previous cycles. It seems $60,000 is not going to hold this time. There is nothing to panic about though, just a normal mid bull run correction.
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9
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Economy / Economics / Re: Last money printing orgie biggest enjoy this
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on: April 30, 2024, 07:07:29 AM
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Money printing means stocks & crypto pump so I am fine with this. Hopefully the biggest bull run of all time is imminent, I would like to take out life changing money this time so if there is an unfortunate time of war at least let’s make something good of it for ourselves & take out big profits.
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Economy / Trading Discussion / Re: If all your wages were paid in USDT, would you accept it?
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on: April 27, 2024, 08:14:17 PM
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It wouldn’t be something that I’d prioritise but if I was enjoying the job & paid a good salary in comparison to other fiat salaried jobs that I could get then yeah, sure, why not. As long as I could exchange the USDT for my local fiat currency & withdraw to my bank quickly after getting paid without high fees then it wouldn’t be much different to getting paid normally in fiat.
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Other / Beginners & Help / Re: Newbies are not Scums.... Learning is a Process and it's progressive.
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on: April 27, 2024, 08:03:45 PM
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Newbies absolutely, unequivocally are not ‘scums.’ All of us here on this forum were newbies at some time. Time registered on this forum does not give you any kind of status or deserving of more respect than anybody else. We should all be pleasant to & respect newbies, we should be willing to provide help & assistance to anybody new who requires it. The majority of people here are good people, being a newbie should not discourage you from participating in conversation & debate.
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12
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Economy / Speculation / Re: Simple prediction: 2024 bitcoin at 200.000 dollars
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on: April 27, 2024, 07:51:43 PM
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I think it’s very unlikely we will achieve a price of $200,000 per Bitcoin in 2024. It just seems unlikely, it wouldn’t match with the historically repeating four year cycles. I think very possible the price of one Bitcoin hits $100,000 but $200,000 & potentially much higher will more likely be in 2025.
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14
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Bitcoin / Bitcoin Discussion / Re: Why you should only hold Bitcoin
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on: April 27, 2024, 03:09:57 PM
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I think you should be more allocated in Bitcoin than any other asset but to say you should only hold Bitcoin is possibly not right. If people feel more comfortable holding say 80% of their net worth in Bitcoin & 20% spread across real estate & other assets then that’s fine. I certainly would not advise holding a small allocation of Bitcoin.
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Bitcoin / Bitcoin Discussion / Re: Samourai Wallet seized by the feds
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on: April 27, 2024, 11:19:38 AM
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They hate everything they don’t control & it might get worse eventually. Don’t let this kind of thing scare you away from self custody though, they can’t take Bitcoin off you if they aren’t able to tell where it is. I hear there are a lot of unfortunate boating accidents happening lately.
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Bitcoin / Bitcoin Discussion / Re: First ever epic sat sold for 33.3 BTC
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on: April 27, 2024, 09:55:11 AM
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This seems like money laundering to me, probably an early adopter bidding for his own sat to clean dirty money from the past. I never trust all these type of things, also high price NFT’s, they just look like a vehicle for money laundering.
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Other / Politics & Society / Re: The leading cause of death in America today is PHARMACEUTICALS
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on: April 27, 2024, 09:15:20 AM
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Natural remedies to mild illnesses are always great to try before taking pharmaceutical drugs but there are many instances where pharmaceutical drugs are beneficial. The main problem I have with incorrectly prescribed meds are when physicians prescribe anti anxiety, anti depression pills. In that instance, I think therapy & natural methods are much more beneficial but doctors are too quick to hand out pills. I think that’s lazy & much more effort could be made to help people.
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Economy / Economics / Re: How do you work toward hodling bitcoin?
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on: April 27, 2024, 08:42:10 AM
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Everybody involved in Bitcoin has sold some too early, for too little money. The trick is not to repeat mistakes, Bitcoin is the best investment out there, devise & set up a solid accumulation plan, stop looking at short time price fluctuations. You should see Bitcoin as a long term plan, DCA as often as possible for many years. Think of it like planting seeds to harvest in years to come.
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Economy / Economics / Re: How do you deal with financial stress?
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on: April 27, 2024, 08:10:14 AM
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The best way to deal with financial stress is to take a proactive approach. Start by creating a budget to track your income & expenses. Identify areas where you could cut back & save money. Prioritise your financial goals & develop a plan to achieve them. You could get professional advice from a financial planner or counsellor. Manage stress through exercise, meditation or other relaxation techniques. Try to maintain a positive mindset & focus on the actions you can take to improve your financial situation.
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20
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Other / Politics & Society / Re: Final Nail in America's Coffin? by Ron Paul
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on: April 26, 2024, 02:30:34 PM
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The truth about the aid to Ukraine: Most of the investment goes directly into the US factories and benefits the economy of regions that are typically depressed. Republicans are trying to make it look as an expense, while the order authorising to seize Ruzzian assets has been given. https://www.youtube.com/watch?v=lFf-kh_UX30&t=13sFor example, Mississippi's weapons factories are getting a fullbook or orders to replenish all stocks that are being sent to Ukraine. The funds range in the billion range. US is the only winner of this war. I have read a number of articles backing this up. I never trust America’s involvement in these proxy wars, if something doesn’t seem right then there is usually foul play in place somewhere. We are in a cost of living crisis, people are struggling to live, but Biden keeps finding billions to send to Ukraine. Other Western leaders are doing the same, sometimes I think it’s better to look after your own people before burdening the nation with debt to supposedly help other countries.
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