The idea to create a worthless token from nothing, and then offering people to work for it, which has literally zero value, and make it worth something by the bounty hunters is the worst part. If bounty hunters work very well, then it may worth something so their work would worth something and they will get paid accordingly, if they work terribly then it was just created and cost the owner nothing.

I am not going to work hard for someone who has risked zero dollars while paying me, to work for them. I am sorry but either they offer something tangible and worth something, or they can work themselves to promote their own token, makes no sense, I could give you a billion tokens out of nowhere that worths nothing too.

Well, they "lose" it for themselves, not for the market. Which means that if you get bitcoin, put it somewhere "safe" and then can't go back in, the bitcoin will be there but you won't have access to it so you lost it. So, it is basically true but you have to take the word for what it is and what it could mean, some words could have multiple meanings and you need to reconsider the situation. At the end of the day, we are talking about a world where things are not as clear as black and white.

I personally believe that most of the coins are already in exchanges, 50%+ must be in exchanges, meaning if all exchanges got together, they could seriously hurt the market or help it all by themselves, that is a bigger issue.

I feel like even a total 100% ban on crypto, including trading and even ownership, could still not kill bitcoin at all. I mean sure it could hurt it, wouldn't want that to happen if you asked me and I would rather see crypto flourish and grow bigger and El Salvador type of deals all around the world would make it so much bigger and I would rather have that.

But that doesn't mean that I would consider stop using bitcoin if my government stopped it. I mean the best thing to do right now is to promote it and tell our politicians to accept it and make it legal, but even if they ignore then I wouldn't stop, which proves that bitcoin is here forever.

It would be pretty difficult but it could happen. What we need to remember is that when bitcoin goes up that much, usually that means we are going to see stocks go up as well. Like Apple is worth 3+ trillion and so forth type of deal.

This means if bitcoin reaches 200k, it would be possible to be the most valuable thing and more valuable than all companies, but that doesn't mean that it's impossible for apple to be higher as well, that could happen too if the stock market goes up. However, as long as we are near the top that doesn't matter, it is important to keep bitcoin in the top 10 and as long as we can do that it's going to be fine.

We shouldn't consider it not going down anymore, but we shouldn't expect another FTX type of deal all the time neither. That happened and dropped the price and that's understandable but that doesn't mean that it is going to keep being like that forever neither, it would be pretty hard to keep it that way.

This is why I believe that we should be a bit more less expected of lower level stuff, could be a lot better in the long run. This is quite difficult to handle but we should be able to handle it in the long run. I personally do not expect another bottom because I am not expecting anything like FTX to happen again over and over, it would be pretty difficult.

It's not all about democracy it's all about system which is more important as we have in developed countries and in many other countries those are not near the democracy but going with strong system here in subcontinent culture is completely handled by few groups which are doing wrong things and holding major stakes which is giving them all power, and they are not bringing system or merit policies which are important, and we have only three cricket boards with strong system and fair policy ECB, CA and CNZ they are having the best things for their players and peoples.

All other boards and sports organizations are suffering badly due to ethical and political systems, and they are suffering into game as well because recently we have big dropped in South African quality with Sri Lanka is also suffering badly due to poor system West Indies is already near the end due to personal issues and having not merit policy and going with quota system.

I would say it's not as terrible as you make it out to be. I do not mean to say that they are not going to use it to destroy your privacy, but imagine the regular situation we are in right now without CBDC, is it any different in government world? Think about it this way, you have majority of the world using banks, debit or credit cards, loans etc, which means it is already tracked, only thing that you won't be tracked is cash, which could still technically be tracked, but harder.

This means the same with CBDC, even bitcoin can be tracked, so only way would be moving it to privacy coins, if you want to, and it won't be tracked, or just use bitcoin, so get CBDC and turn that into bitcoin and if you are not worthy of tracking, they won't.

People will be facing bitcoin as a challenge no matter how many times it has proven to recover. I promise you, we will recover from this as usual, it will go up, and I mean go up a lot, maybe over 100k maybe even over 200k, and then it will have a crash again and people will doubt it again. You will say it has gone down and up even bigger 4-5 times now, why doubt it again* And people will still doubt it, then it will go up and go down again and people will doubt it again.

When it is your savings we are talking about a drop is not easy to accept and move on, it takes a lot of knowledge and confidence in what you invest into in order to make sure it will recover.

I am pretty sure that no matter what happens to world economy, bitcoin will do a lot better. Why think like that? Because as a reaction bitcoin could be doing worse, and because bitcoin is doing worse there are companies in trouble that work within the crypto industry as well such as FTX bankrupting and all the bad news that has been coming out.

However, as the world gets used to the economy, we are going to have people adjust to new reality of the world and we are going to end up with something much bigger. I am not saying that people will have plenty of money to spend, but they will adjust their budgets more precise and it will not be a shock anymore.

Rates do not matter, because it means that the general economy would recover if the rates recover, and by 2024 I am pretty sure that the rates will be at a normal place, or even if it is high compared to past, we will at least get used to it by then.

However, none of that matters because when there is halving, bitcoin becomes more valuable, so even if the market is not recovered by then, it will still cause bitcoin to go up because it is now more valuable and the amount of bitcoin we mine per day will go down, meaning both less resources available but also higher price to make sure miners are happy. Both of those combined would make it go up no matter what type of market we are in, it will just take longer for it to show on the prices.

This was both good and bad for the users though. It at least puts the spotlight on SBF and he has to prove his innocence now, instead of having any type of law where they would need to provide his guilt, now the ball on his court and he has to provide that he wasn't guilty.

I believe that we should be waiting for a response and maybe we would get a solution to his situation and this whole deal, but it could also mean that the defence will drag this a lot longer as well we have no idea. The best thing we could do right now would be making sure that we have all the details, and right ones instead of just blames, but lets not hold our breath about finding a solution just yet.

(I just heard from some unverified sources that SBF got $250M bail).

There is a real fact that bitcoin has been quite successful so far but that doesn't mean that we can't be careful about the current situation neither. We could both expect it to do well in the future, but we could also have some positive reactions to drops as well.

I personally made more buys during this period and I have some friends who made a lot more money from just selling at higher and made more money from buying lower levels. That is something not so confusing, it is a method that works and both of them could be great for everyone who is involved. Either buy more at lower and do DCA, or sell at the top and re-enter later on when it gets low.

The wobbly price may not be true at all times as we have seen from the past 1 year, because it could potentially be wobbly when the market is not doing well, but aside from that I have to say that it is clear the market is a lot better for the top names, much better than the ones we have at the bottom.

There are some low level ones that could give people a higher return but the reality is that we are not going to make a lot of money taking those risks consistently. We could do it once or twice time to time when we have money to spare, such as bull periods when we make a lot of profit, but it is not a sustainable way to make a profit.

I highly doubt that. There are a few that think like you but I find it highly emotional. There is no data or stat that sees doge as a good and legit project which could be in the top 10 for too long, it is a shitcoin that has been promoted a lot and liked by people for the hype and meme efforts but nothing more. I guarantee you that when the time comes doge will drop like no other and will not be remembered after a decade.

I understand the need for something that defy the logical arguments, there is a need and want for some anarchy in the markets that shows how unreal it works. Sort of like gamestop which should have been a bankrupted company because they suck, but people defied the markets with it and it survived. You think for long?

This is main reason for their failure in test format mostly players are coming from the limited overs format, and they have no technique for playing into this format with their domestic set up is also never been ideal with too many changes as just few hours ago I watch new PCB chairman announces old departmental cricket is coming back which mean again many changes and few players will be out of frame with having no good approaches and parchi for staying into this system and mostly departmental teams having their own players which are also having not quality and good skills.

With sudden changes and arrive of New Zealand team here is surely interesting because most of the peoples feeling New Zealand will be weaker side and lost this series, but they must remember this was same feeling for the Goras as well, but they have historic win their historic series so here any prediction is not going to be good any result can happen.

People are worried about bitcoin, and that is a big mistake. If they knew that bitcoin could go up and down a lot, and sometimes when it is down it may look like it's there for a long term, but in reality we just repeat the past.

You may not remember or maybe you will but others may not, in 2018 we didn't finish the year at 3.5k and hit the bottom early on, it was a season where 2018 is the year where the most altcoins had their previous ATH, so it started as bull, but then it lowered, and reached 6-7k range for bitcoin, it was only in November we had bitcoin cash vs bitcoin sv fight where the price dropped to 3.5k, and same timing as FTX and Binance deals, not a shocker. It just repeats itself, nothing more.

Being a newbie doesn't give anyone the right to be foolish enough to get scammed. If you are scammed in a techie way that is understandable, download metamask from somewhere wrong, or connect your metamask to a dangerous website etc etc, these are all tech related and it would be normal for a newbie to get hacked or scammed that way and lose their money.

However, if we are talking about some random person pm'ing you and offering you a great chance to make 10x return on your investment in a month or two, and you believe that it is true because they show you some screenshots as proof, and then they take your money and block you and leave? That is %100 your own fault.

The lack of vetting was the cause of Snowden being hated. Maybe you know this or maybe you are not aware but while unearthing the bribery and corruption of the people in power, he was also responsible for people who are spies in other nations. What do you think happens to Russian guy leaking information to US government? Or what happens when someone goes into protection program to hide from mafia gets their new ID public?

I have to say wikileaks had many things, but the biggest problem came from the fact that Snowden didn't vetted and considered who he would hurt by providing these leaks. 100% supportive if some congressman got payment from an oil company and then voted for more pollution, but when you hurt innocent people it becomes a trouble.

It's really not an easy task to be patient during the period where it has gone down so much, of course it is a bad period to be in, not only it is harder to make money by trading, but it is also harder to find jobs right now as well, freelances and crypto workers are making much lesser amount of money, but the ones that stick right now could make a bigger network.

And that is the thing that matters the most, if you end up working hard then you could build a high network and get more people on your side and they can vouch for the good job you did for them when the market is bear, and you can profit with that during the bull run and make a big amount of money. Something you did as a "favour" for 500 bucks today, could be charged 5000 during bull.

Well not the exact same dates, but close enough. The halving was in 2016 and in 2020, whereas the biggest ATH we reached during those periods was in 2017 and 2021. Which goes to show you that it takes a year of going higher to make us reach that ATH price.

I obviously do care about the fact that we could buy before the halving and wait a bit more than a year and you could make a huge profit, but that doesn't mean that we shouldn't end up with a big purchase anywhere during that year as well, it should be still giving us a big profit even if not the biggest. I am buying right now when it is the bear time, and in 2024 there will be a halving and by 2025 I would be in a lot of profit, that's my guess.