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1021  Bitcoin / Bitcoin Discussion / Re: Be Excited about the rise, be wary about the scams, and loss on: December 30, 2020, 09:30:41 AM
Now that bitcoin is still making history and pushing itself into $30k mark then this is the time where criminals are more active.

Scammers are more vital in different platforms fooling and looking for someone to be their victim.

Those fake giveaways, fake schemes, fake help are the things that they are using to lure their victims to send bitcoin to them. Many newbies are unaware about this because all they want to do is to make money and deal with the market to make their investment profitable during bull run. Don't be too excited and greedy, be careful when surfing the internet especially those social media platforms.
1022  Other / Archival / Re: 6 Most Popular Criticisms Of Bitcoin on: December 30, 2020, 08:59:29 AM

Quote
Criticism #1: Bitcoin is too volatile to be a store of value.

Response: Bitcoin’s volatility is a trade-off it makes for perfect supply inelasticity and an intervention-free market. However, with greater adoption of bitcoin and the development of derivatives and investment products, bitcoin’s volatility may continue to decrease, as it has historically.

We can't deny that bitcoin is really volatile in the market and there are a lot of investors who are doubting bitcoin to be a safe haven.

Maybe sooner, that volatility will be lessen and become weak so that people will confidently make bitcoin as a long-term investment than gold.

We all know that gold is more safe compared to bitcoin as an asset for a long period of time although the profit in bitcoin is much higher during bull run in the market. Volatility is not really the main problem but patience and willingness to make it profitable.
1023  Bitcoin / Bitcoin Discussion / Re: What has bitcoin done to you? on: December 30, 2020, 08:28:50 AM
Bitcoin taught me a lot of lesson when its price is in a high, low, or stable and it made me understand what an investment really is.

It really taught me how to adjust and adapt depending on a certain situation in the market and it really pushed me to think critically on my next step. Bitcoin is not only making profits, it is about making yourself an effective investor to make yourself successful in the future. Bitcoin is the best asset for me and I can't imagined my life with out bitcoin.

It helped me to sustain my family's needs and secure my future even if it is volatile in the market.

1024  Economy / Economics / Re: Life is debt on: December 29, 2020, 09:33:04 PM
Life isn't debt, life is bitcoin. It sounds little different, but there is close relation. Life has an end, but we aren't certain about the time. With bitcoin, the growth and decline of the market happens and we don't know the time of bitcoin reaching its peak value. Both life and bitcoin are uncertain by its nature.

But when it comes to a certain circumstances, are you willing to sacrifice your bitcoin for you own survival?

What if there's nothing left on you but your bitcoin? Are you willing to spend it and buy your necessities with it? I don't think that life is bitcoin.

Maybe, what you mean is that life is better with bitcoin in it. Some people are searching for the true meaning of life, some people are saying that life is debt just like what the OP said but I think that life is an investment. An investment where you need to work hard to make yourself grow, the same with bitcoin.
1025  Bitcoin / Bitcoin Discussion / Re: How to Protect Yourself from Fraudulent Bitcoin Giving on: December 29, 2020, 08:33:04 PM
Just don't be greedy. Remember one thing, "Nothing is free in this world"

This is the best way to protect yourself from Fraudulent giveway.

There are a lot of investors who thinks that money is easy to earn especially cryptocurrency because there are a lot of giveaways that are circulating in the internet. They just don't know that those are fake and that will just cost them to lose some amount of their bitcoin. Just like in Youtube, most of the people are being fooled by the scammers because they are using famous platforms where people always spend their time with. Also newbies are the one who are most prone in the bitcoin fake giveaways because they think that it is real when they see huge amounts of money from a so-called true organizers.
1026  Economy / Economics / Re: Second lockdown due to covid19 is painful on: December 29, 2020, 07:59:09 PM
Have you heard about the new variant of Covid-19 in Europe, specifically in Italy?

It is really not that good to hear those news that can ruin our hope to go back to normal again.

If second lockdown will occur then I think most of the countries who are struggling with Covid-19 will suffer more when this new variant already spread in some areas. This new variant is really much more harder to prevent as it is much easier to transmit. If this thing started the second wave of Covid-19 then our economy will worstly go down for sure.
1027  Bitcoin / Bitcoin Discussion / Re: Had you sold your Bitcoins ? on: December 29, 2020, 07:28:11 PM
I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.

What about you?

I sold mine when it reaches $27k in the market and that's price is really enough for me.

So I just felt that bitcoin will not reach a $30k mark this year because I think that $27k is really that high for the amount of profit that I'm aiming for.

I'm planning to buy again when price hits $7k to $9k again, it is your own decision if you will sell it right now or never.
1028  Other / Beginners & Help / Re: Be careful From Telegram Fraud on: December 28, 2020, 02:49:44 PM
Unfortunately such scams are very popular these days. They all follow the same pattern. The system is designed to prey on people that don't have sufficient information about bitcoin or trading. I opened a discussed before now if there are still legit crypto groups/channels in telegram. Almost everyone is trying to rip you off. Bitcointalk forum is my safe haven.

My friend encountered a scammer when someone chatted him in Telegram to help the stranger to withdraw his bitcoin and then he will pay my friend for $200. But my friend is not that dumb to fall for that because he really read a lot of information towards that kind of circumstances here in this forum. The stranger said that in order to withdraw his bitcoin, my friend should send $100 so that he can process now the transaction which is really sketchy from the very beginning. No one will fall for that scam nowadays because most of the users right now are well-informed.
1029  Bitcoin / Bitcoin Discussion / Re: Whales or institutes do not stop their bitcoin buying on: December 28, 2020, 02:18:42 PM
Actually this is a good sign, very bullish since people and institution are taking out their bitcoin to exchanges like Coinbase because it's obvious that they are going to be a HODL.

And with Coinbase notoriously being down when the price of bitcoin is going up, I wouldn't surprised by this move. "Not your keys, not your coins", Be your own bank" attitude for experience investors here.
Hopefully this hodl will be a long term type for these whales because anytime they can dump all this coins back into the market and drive the prices down. The good news about this is that the prices will go up and it will only be a matter of time before the coins starts pouring in.

Whales can really manipulate the market, just like those big investors or businesses that hold a huge amount of bitcoin.

Just wish that whales will not dump some of their assets in the market so the bitcoin's price will not go down when we don't do any transactions yet.

I still hold and hold whenever I can so that I can have a much higher profits where I will not have any regrets.
1030  Economy / Economics / Re: Đây là lý do tại sao bitcoin HAS để đi lên on: December 28, 2020, 01:41:34 PM
Too much money is printed while economic activities are stalled by disease and they have to be diverted to reserve channels. Bitcoin, stocks and gold have all risen together this year. I think if Donald Trump continues to be president of the United States, then the value of Bitcoin will be pumped up even more. He will continue to urge the Fed to print more money and release it to the market.

Trump is really a good President for US when you only aim about the progress of cryptocurrency in your country.

He is really a good leader when it comes to pushing the economy to rise and recover again.

Printing money is really his one of the ways on how he will sustain and overcome economic crisis in the market. Cryptocurrency is one of his priority compared to Biden that he don't really care about bitcoin.
1031  Bitcoin / Bitcoin Discussion / Re: Giving back 🎄 on: December 28, 2020, 01:11:54 PM
This past Christmas, me and my friends donated some bitcoin into organizations related to the environment.

They are focusing on planting trees and protesting to stop illegal logging in rural areas which are mostly affected by floods and thunderstorms.

We all know that trees are really important to protect our wildlife and animals and I know bitcoin can do something about that. We want to tell other people that bitcoin is flexible and can be used to maintain our environment with the help of donations and financial support.
1032  Other / Beginners & Help / Re: Bounties are profitable or not ? on: December 27, 2020, 03:35:26 PM
In bounties, you need a lot of patience and you need to remember that the money is not certain while you are working hard to earn some.

It is not an easy money, it is not a skill-based work,but it is more like a luck-based work. But if you still want to pursue a bounty then do it because just like what other people said, some trustworthy users here came from a bounty when they are just starting to look for a source of profit.

Look at them right now, they are now making money in investments and other skills such as programming and developing, you just need to work hard and wait for your time to become successful soon.
1033  Economy / Economics / Re: All people in the real world still think everything is fine !!! on: December 27, 2020, 03:05:46 PM
Maybe, your way on telling them how important bitcoin in the market is not that effective and that maybe the reason why they don't believe on you. When you want someone to invest on bitcoin, then please them because if they are not willing to understand and appreciate the advantages of bitcoin then leave them. They will not listen to you if they are not interested and instead of looking for them, look for the person whose willing to earn money, invest, and become successful in the future. If you meet someone with that mindset then don't hesitate to give him an opportunity to learn about bitcoin.
1034  Bitcoin / Bitcoin Discussion / Re: New ATH, New ATH, New ATH on: December 27, 2020, 02:34:28 PM
We have crossed $25k and it’s another ATH? Well, it’s not anymore when we broke the 2017 ATH. I don't have the feel before that as I was not much involved with bitcoin before 2018.
Everyday, we see ATH now but I don't think it feels like the one which take a lot of days.
How do you feel exactly when you see new ATH each time and how do you feel when you see ATH broken after long break.

Although I already sold my bits when the price reached at $24k still I'm happy that we cross to that price since it really give a good vibes and attention since provably we can see another milestone reached for this year. And now for sure many hopes that we will reach @30k at the end of this year so hopefully we can see that one since most provably 2021 is another great level to come with bitcoins.

Maybe you just played safe so that you will not lose the opportunity to make bitcoin profitable for you.

Some are just really patient and fave faith of bitcoin that's why they never sell their coins until it reached another ATH in the market.

Until now, I think bitcoin can reach $30k but I don't want to disappoint myself expecting that much.

Let's see if our coin, bitcoin, can do that and let's just observe the market properly.
1035  Bitcoin / Bitcoin Discussion / Re: My Appeal to Everyone to secure your future on: December 27, 2020, 01:20:49 PM
Bitcoin is volatile and it is not like gold that if you invest on it, its price will constantly increase over time.

After 10 years, are you sure that bitcoin will really have a higher price? If yes, then probably all of the things that we need in daily lives will also increase in price such as food, clothes, and other things that will help us live. The rate will still the same and I know that in 10 years, there's a already a lot of things that can happen.

Investing on bitcoin in the proper timing and making it profitable in the market depending on its hype is really what will make you successful and have a huge profits.
1036  Bitcoin / Bitcoin Discussion / Re: why are there many big us and international institutions investing in bitcoin ? on: December 27, 2020, 12:36:05 PM
Bitcoin has been rising since 2009 and it had many ath and hype , especially on december 2017 where it reached its bigger ATH , but why did institutions did that now ?
Hype, realization, and money. Bitcoin become so hype these days after lots of business came on board. The realization that banks and finance institutes can't eliminate and what they should do is to follow others stack while it still early. And most above all is because of money.

Bitcoin is really in a hype during the 2nd half of 2020 which started last June.

No one expected to see bitcoin reach that price so high, because we are just shocked when bitcoin is having a continuous increasing in price.

So big institutions really engaged on bitcoin because of the hype that it is experiencing in the market. Especially that they will invest on bitcoin so much and they will surely collect huge numbers of it.

1037  Bitcoin / Bitcoin Discussion / Re: the power of HOLD and believe on: December 26, 2020, 08:06:30 PM
I have passed the lowest of last few years. I have hold although I felt stress at that time but it turns into my favor, into our favor, into HOLDER favor. Well, I think the run has started now and there is still lot of way to go this time. We can expect $30k soon.

Being a holder really makes us stressed in times where we don't see any positive movements in the price of bitcoin. But now that we are celebrating because of a new all-time-high, this is the best time for us to reflect how bitcoin reached this milestone. Bitcoin has already reached $25k and is still on going in the market. There are a lot of investors right now who are really happy and having so much profit during and after Christmas. Hoping that you seize the opportunity to make bitcoin profitable this year.
1038  Bitcoin / Bitcoin Discussion / Re: Price of #Bitcoin on Christmas on: December 26, 2020, 07:29:17 PM
It is not always a good run for bitcoin so we can't say if bitcoin will still prevail in the market in 2021.

We should consider the time, it is too early to predict that kind of positivity because in the end, it can disappoint us.

Right now, we should focus on the price of bitcoin and think for the next step on what to do to make it more profitable for us, investors.
1039  Bitcoin / Bitcoin Discussion / Re: So much fud and scams in crypto and BTC on: December 25, 2020, 05:23:49 PM
It still depends on the person if he will apply all of the knowledge that he learned in University about cryptocurrency.

It is their own decision and choices in life and I think that the University will not let its student to have a bad approach or intention on bitcoin.

Doing crimes and fooling people is really not a good idea, this can make you accountable for all the crimes that you are planning to do in crypto world.
1040  Economy / Speculation / Re: How will Bitcoin trend at this time? on: December 25, 2020, 03:46:56 PM
Actually, during the last two months of the year, it is assumed that Bitcoin price will come down, (considering it's a festive period). However, this year has proven that logic & mentality wrong. This year has shown and taught us a lot, starting from when bitcoin was barely $3.5K. Till now; when it's creating and beating new ATHs.

That's right, bitcoin's price is still reaching the $25k mark as we are celebrating this Christmas.

It is not really true that when we are in the day of Christmas, bitcoin's price will not move or it will go down, let's don't settle on that mindset.

Bitcoin will really somehow move du to the whales who are just observing and watching the market. I know some of us didn't really expect the bullish run of bitcoin this year because we are just focusing on trading and working with our investments.
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