The answer is just very clear, Bitcoin is quite different from altcoins and they will operating independently, but the ones that could be destroyed by the existence of Bitcoin are those coins without utility, basically the next bull run is going to be the utility tokens bull run, they are the tokens to survive. Therefore some altcoin will be there with Bitcoin. There will always be trader interest in buying and investing in altcoin, not just bitcoin. I'm not going to be mad when someone believes altcoin can bring them profit, but they shouldn't ignore bitcoin. Bitcoin is an asset that has more uses than most altcoin. Bitcoin is a currency, an asset store of value, an investment and trading asset, and that's the point that makes bitcoin great compared to altcoin. While altcoin support bitcoin's presence in the market, they are useful to the industry so that people have a choice. The main problem is that most of the time we see altcoins getting that money from bitcoin and that causes the stress. When people realize that bitcoin went up way too much for a period, they stop investing into it knowing that they can't make too much more profit from it, and then invest into alts because they can make a lot more profit there. I have seen people make as much as 1000x profit on some alts, not common of course but I have seen it happen, not gonna see that on bitcoin. But at the same time I have seen x100 more people lose all their money on alts, and never gonna see that happen at bitcoin. If people are aware of the risks, then it's fine, but gotta be ready to take that risk. |
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The complete victory of Bitcoin over all fiat currencies, gold, corporate currencies, etc. would lead to a simplification of our world.
Fortunately, our world is complex and diverse. And this is good! The surrounding world obeys the laws of dialectics (unity and struggle of opposite entities).
This is why Bitcoin is both an investment asset, a means of payment, and a decentralized protocol for transferring value in the virtual space. Bitcoin is a very complex entity, and this is its strength. Satoshi Nakamoto started the evolution of cryptocurrencies (including the evolution of Bitcoin itself).
However, even the creator of Bitcoin himself could not say exactly what Bitcoin would become, for example, in 2100.
However, it is safe to say that in 2100 Bitcoin will not be the only investment asset, the only means of payment, the only value transfer protocol on planet Earth.
It is understandable for it to not be understandable all that much, because it is not that easy to see how it would be like. The best case would be understanding if bitcoin would be bought more and more, or not and that's all we can try to speculate about. Not the price or anything, just the direction and its existence. For example, do we believe in 2100 bitcoin would still be around, and would it be very profitable to hold it from now until that moment when only our grandchildren, or maybe even our grandchildren children would be able to sell and make a huge profit? Or do we think that something better would come out by then and bitcoin would be long gone? That's all we can answer, not the price. |
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Actually you can only be a successful trader if you become a full time trader otherwise little information and little time can misguide you. Focus of Full time trader is just on its ambition and they do not thing anything else so i will suggest that if you want success then consciousness each moment will increase your success. But one thing to be noted is future trading is so hard and is full of risk in my opinion.
People who are not great at trading should not become a full-time trader if they can't afford to. I mean full-time trader means that they would have to actually make a living out of it, and take money out each month. Whenever you have to buy groceries, or pay the bills or go out, all that money comes out of your trading capital and that's the biggest problem. Full-time trading requires a huge capital to begin with, and you would need to trade each dollar move on high leverage to make a big profit. This also means you could lose all of that money too if it goes on the wrong direction and I would highly suggest not to do that if you are not a veteran trader already. |
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I think we are making a scammer who took the hard work of traders feel good and popular with SBF that is everywhere in the forum.
I don't see any problem with people talking about him and him being popular, even as it is not for good reasons, it is important that people get to know that there are individuals like this who are in cryptocurrency and their positions has not exempted them from fraudulent tendencies. The SBF story as it spreads has also helped people to know the importance of not leaving their money on any exchange even in exchanges with good reputation so far. If this situation had not happened, many people will never take the warning to stop keeping money on exchanges as important or serious. Bad people being popular is actually a bad thing in the long run. This wasn't about scammers, but there was a test done and all the kids who do school shootings in America end up doing it because they all see it from some other person usually. They are usually mistreated and bullied kids, and they pick up their guns and shoot up the school because everyone "bullied" them, as if that would be a good solution. Overall they see that as giving justice themselves, and they see it on TV and this means if you put bad people on TV, that means there will always be someone who will glorify them and it's a wrong move and you should avoid showing their face or tell their names. |
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And the main reason why they're going to stop supporting these coins because of; Coinbase cited "low usage" as a reason for delisting the four coins, There is a reason for all of them but not sure about ETC one. XRP is a company, it's called Ripple, and removing that makes sense because they are being investigated at all times, and XLM looks like it's not going to pick up, and BCH as well, those are two that has gone down too much and will not recover by the looks of it. On the other hand ETC is still strong, and since ETH going the staking route, ETC has been a safe harbour for many miners as well, so it is a weird decision to lump these together there. I feel like there needs to be something that could change it all together, I wish that they were all very low ones, and not high level ones like ETC. |
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Though Investing in new project is risky because we don't know how they will perform in the market and whether it will be listed on good exchanges but still we can get some reliable information through research work before we risk our funds in such projects.
What you must do & know before investing:
1- Read the white paper fully and focus on use case
2- Credibility of the team behind the project
3- Performance of existing projects in the same sector
4- Tokenomics
I would also add socials to this as well. It doesn't mean just because a place has 50k followers then it equals to a successful project, of course anything with a lot of followers could still fail. However, it is also important to note that anything with no followers will definitely fail, there is no doubt about that at all. Just because a place has 50k+ followers doesn't mean it will profit you, but if it has 50 followers then it will DEFINITELY not profit you. So, you should always check that before you invest into a project, and see if they have any or not, having none means that it's not going to be a good project and that will be a trouble for you for sure. |
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It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.
I don't know how good December or any other month is for day trading. Neither do I know if anyone can make 3% every day. If it were that easy, we would all be very rich and the exchanges would go bankrupt. It seems to me that the best tactic right now is long-term investing. The risks are minimal compared to trading. Day trading doesn't really have a month, it has days, and some days it is easier to make money and some days it is not. I am guessing that it will not be easy for people to end up realizing how it could be done, and there are some situations where it will be a lot harder to handle, but that doesn't change the fact that we are going to end up with a lot of trouble if we just focus on overall long term results if we are doing short term day trading. Just look at that day, look at the candles, 5 minute, even 1 minute, and you will be able to understand what's going on a lot better and the results will be a lot better as well, would be a great return if you know what you are looking at. |
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I love this to happen , actually I was waiting for 23k in despair because there are so much expectation and needed of the funds .
Hitting 23k again can be possible still this year because we have more than 20 days for this to come but what i wanted to see is that how far will bitcoin go now?
if there is some promises to expect? that would be in 2024 and not this year or the next.
I think that expecting it to happen in the next 4 months is a good way of approaching it, better than expecting it to happen in the next 3 weeks at least, a lot bigger margin of period. I do agree that there is a possibility it could hit 23k in the next 4 months, first quarter should be a lot more lively, there will be a lot more money and people should be available to work with that. If we are talking about something that is a bit more riskier, then we could even expect 30k to happen as well, that would not be easy, it will be harder to hit but it could be hit and we could expect that as well. All in all, a higher price is what we are aiming at in the end. |
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Not holding completely , maybe hold some but other part must be in short term trading because there are altcoins that may move good bouncing than how bitcoin keeps showing .
I also changed my views about long term holding some times but also do this for part of my folio.
now there are several altcoins in my pocket that only waiting to be sold and re invest in other alts.
I never changed it, I just hold majority of my coins and even buy more to hold more as well, it's just a way to make a profit for me that I do not know any other way. Sure I do have a tiny bit of everything else as well, like literally 50 bucks to 100 bucks on 10-15 different small things, but they are very tiny on my portfolio because I do not really believe that they will give me riches, I think the money that you put on bitcoin is the key to success. It will give you the capital to start making a lot of real money, and what I mean by real is the amount you could buy a house with, that type of money could get you real returns in the long run that you can live from as well if you make right choices. |
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if you don't have much gambling experience, I don't know where you get the figure from, but from the answers you can see that it's OK if you're talking about a low budget casino.
I don't know if you're half serious about setting one up. Apart from setting it up, like setting up the website and keeping it running, you will have to think about what currencies you are going to accept, how many people you are going to have working, what promotions to implement to attract customers and retain those who have already tried the casino, etc. It's not just a matter of initial investment, then you have to keep it running.
Building a casino is easier than ever these days. You could just hire a developer if you ever want to, but this means that you will have to pay something to that person, or if you know how to then you could do it yourself. All these games comes from oddmakers and that usually means that there are main places that gives you the games, you can have 5000 games on your website, no problem, in a few weeks. However, the real cost happens later on, to get all these customers because let's be honest, it's very very difficult to convince people to gamble on your casino, there are millions out there and why would people pick yours over any other casino? That is why marketing is the biggest cost. |
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As a beginner into the trading business, I'm always scared of putting my money into altcoins but I do hear some people talk about how they make profits altcoins.
yes altcoins can be a potential way to generating benefits to investors . because Altcoin prices fluctuate quite a lot so if an investor is able to invest in a potential altcoin then that altcoin can give him a huge profit. And can a person become super rich with an altcoin profit. But there are many risks in this case also. So be careful in everything Finding that coin which could make you a lot of profit is the hardest thing ever. It is not impossible but it is quite difficult to do and that is causing all these problems. If we were any good at finding smaller cap projects and buy them before they go up, we wouldn't have this problem, we would be joyfully spending our investment profits. However, as we can see from the situation it is clear that we are not doing anything that could be profitable because we keep on picking the wrong coins. That is why at the end of the we should not be expecting people to make a profit neither, we should be expecting them to lose each time they try. |
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For me AVAX (avalanche) Is the coin i got good profit in this coin by investing 5 times.
First two times i got huge profits.
But after that not huge but that was also the good profit by holding same coin.
Good profits came from those investors who invested in 2020, buying at 50 cents, and then selling exactly one year later at $150. Now the price has fallen exactly 10 times, a good option for investing. This is not investment advice, DYOR. The avalanche network is growing, nft on the avax blockchain is also growing in terms of trading volume. I think in the next 3-4 years we have a chance to see AVAX at $200. I highly doubt that there were too many people who held it. I mean first of all it was locked for a long time, which means that not many people were capable of selling even if they wanted to, and secondly there weren't that many people who could invest, because if they weren't invested at first, they couldn't get much of it since it was locked in others wallets, and rarely unlocked. So all in all, the price increase happened because of scarcity and nothing else. I guess that some people did made some profit, but in the end it's never going to be the same again in the future even when the bull run happens, it will be a lot less higher ups, and that is my worry for Avax's future. |
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The key to earn money is through trading and investing. Both might look similar but are yet very different.
For some, trading is more convenient since they don't have to deal with huge price swings and earn quick profits in the short term.
They get the rewards quickly when compared to investing which is a long term process.
We need to hold it no matter in which direction the trend goes in the short term.
This is where many people find their ideal choice of earning money and for me it is investing.
I have tried trading but eventually lost money but when I hold it for a long term it certainly gives huge profits.
The key to earn money in all of the world for majority of people is to work and earn. I feel like that should be true for people in bitcoin as well but unfortunately they do not see that as a possibility. I think if you worked hard, and worked for a good boss, then you would earn a lot of bitcoins to begin with. I do that and I have been living an amazing life for many years now, my boss is lovely and my job is lovely and my payment is in bitcoins and I am doing great, saving some of that aside each month usually aside from some bad debt months. Long story short, trading is not the only way, do not see that as a way to get out, it's not really a must. |
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If you mean famous by having his name in articles, I think it's natural since the FTX issue had him at the lead so people needed a name, not just the company/exchange name, but rather the lead person for the issue. I also highly doubt people who didn't know the issue would even know of him, I reckon it's the first time they'd even seen his name in the first place. And in that case, them knowing of his name basically attaches the FTX issue, which is in no way the popularity you'd want imo.
I feel like it is inevitable for him to get more and more famous, it is going to be something that will just naturally happen. What could happen if you just lost 6 billion dollars worth of money of your customers? In any industry of the world that will become a huge deal, and we are just not going to see it change too much, it will just keep being a big deal and it will have a lot of articles and news about it coming out every single day. That's just the normal way of things, when you lose that much money, it is interesting. All the people who lost money will read it, and even the ones who didn't will read up on it a bit to see what's going on as well. |
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The video indeed explained the whole concept of Bitcoin which would be helpful especially for the new ones out there. If they would be looking for discussions, we have plenty of them in this forum but I think video of such would be easier to understand for newbies than to just read technical words which they wouldn't comprehend at first. The thing about the video that I liked the most is the idea of breaking the negative impression of many people towards Bitcoin and other cryptocurrencies; just a normal digital currency, its value changes because it is a fraud, and such. Atleast, all of those baseless questions are answered.
Definitely been a long run for Bitcoin and this industry. Bright future ahead as we embrace modernity and technology. If progressive development would be continuous for this industry's end, we might see this industry being acknowledged as a reliable option for daily transactions.
Videos are easy for two main reasons. Most of the time they do have written stuff, like animations with texts, which means people who learn by reading could read them, and they have visuals so people who like to see things to learn can see them, and it also explains with a voice so people who like to hear to learn could hear them so it covers all areas. Secondly, they are there forever, in a compact way, instead of reading 300+ page book, you just watch the video, and if there is any place you do not understand, you could just rewatch it again and again until you understand. That is why videos are always a great way to learn about things and get that information. |
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Philosopher and environmentalist Troy Cross has arisen as one of the most prominent scholars making the case that bitcoin mining has certain special properties which make it ideally suited to powering the development of renewable energies. Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining. I didn't seem to see anything new in what he said, after all, it was just a proposal. Apart from my knowledge, his knowledge about bitcoin is not that wide yet. Ever since bitcoin mining started in this industry, most people know that it can't help our environment due to its part of the tehcnology not the nature anyway. Then, as far as I know also that He was included in the crypto community recently only, were one of the social media platforms of Twitter as far as I know? Unfortunately everyone sees sort of "right" to talk about whatever they want and we are not trying to censor them but when you have some sort of followers, that means whatever you say is important. That is what people are forgetting about, it is not about censorship, it is about responsibility. Like for example, if Elon went out and said "I am going to sell all of my shares in Tesla tomorrow", the stock price would drop, and he could buy them from low and tweet "lol was kidding, thanks suckers!" and that would be illegal right? Which means "saying" something is illegal in some capacity already, it is not censorship, it is regulation, same should be used for influencers as well. |
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This was a really bad performance from the Bangladesh women’s team. They should have done better. No, let me rephrase, they should have done much better. This performance shows how far the Bangladesh women’s team still has to go. And I honestly think that this evening from Bangladesh women’s cricket team has to be up there for the lowest total in T-20 cricket.
After a devastating loss like this, will the Bangladesh women’s team be able to make a comeback?
I really don’t think so. They might give their opponent a hard fight, but do they want to be able to win?
Right now, we have four subcontinent teams those are competition into women's cricket but just Team India is having enough quality and experience to compete with them all other three teams are having not enough skills and quality to give them good fight which is big dilemma, but this will cover in coming years because now these women's are playing against quality teams and having good experience and quality for improving their performance. In first match, Bangladesh women's played like crap and give no resistance with only 32 runs on board form them in reply of good target, and we can't expect any improvement in just few days and today also they lost again, but hopefully we will have some better performance from them because these women's can do better from this last performance after learning from their mistakes. |
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- I'm not a fan of stablecoins but when I do p2p transactions I use USDT, which I can't deny helps me withdraw money from a centralized exchange platform.
Maybe somehow I can say that it's safe as long as it's not a big amount, but of course, that depends on your trust. Because I'm doing it now, using binance so far Busd, Usdt, and usdc are okay for me. Other's would agree with me and some are not, but we have our own choice in terms of this matter anyway.
Yeah, that is a good way to use it, but there is also the fact that we are not seeing what USDT could be used for online as well. Like if I had a website then I would accept USDT as payment for buying something. I have a friend who is a developer and he sometimes accepts USDT as well, and usually BUSD but generally he accepts stablecoins, not like he rejects crypto neither, but people usually are fine with stablecoins so he works with them, turns them into crypto right away of course after he gets them. So over all for payment purposes USDT and BUSD are great, what you do afterwards is upto you, but the transaction itself is not a bad idea at all. |
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I've been away from cryptoworld for 2 years and i want to ask something to the esteemed audience What the fuck is going on here? I'm sorry,i don't have any other words Why is bitcoin trading at 2020 prices? This is unbelievable!!! I sold all my bitcoins in 2021 and went to live in another country and left the cryptoworld,but i'm shocked Is this all because of the war? Or because of the government sticking its nose into this market? What happened?  There are too many talks about what's going on, but in reality nothing major has happened so far. It has dropped after FTX as we all know, but since then it's just recovering small by small but that is expected and normal, we shouldn't really expect it to do anything shocking just yet. The best thing to do would be making sure that people are focusing towards making money and I believe that the best way to do it would be getting in a position before it goes up and not many people realize that it will eventually go up and it will go up very fast, so waiting until it starts to go up will not work, it will be a bad idea and you should get in right now. |
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Actually before 4-5 years ago Japan was literally doing amazing things with the crypto. They even experimented the Bitcoin OTC program where over the counter buying and selling was completely legalised throughout the country and they started with it real quick. I think in 2017 bill Japan had many things to contribute on since they were using bitcoin on larger scale. Now I am not sure the documented scale matches to this or not but definitely Japan has lost the track after covid. In fact there is also not much of news about the Japan recently which connects with bitcoin. That’s actually strange.
They are still using it as a means for a currency, just like it was planned to be used but not so much as investment. Japan is a very rich nation, compared to their population they have a very high purchasing power compared to other nations but also a high living expense. So, imagine an American who makes 500k a year, but pays 400k a year on rent, he would be able to live with the rest, buy a car, buy tv and playstation etc easily, but not left much due to high prices in other things. This is why they do not really invest into bitcoin, but they do use it for paying stuff and that is what the original idea for bitcoin was, and it is actually a great thing to do for the bitcoin world. |
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