IMHO, those lowest that we've seen for the past years we might never see them again. This is what I like with this cycle, we always get a higher low every time the bear market hits us again. Maybe, the lowest could be $$40k-50k for the next bear market is 40%-50% of the course of Bitcoin's price if the ATH is going to be $100k but I think that we'll surpass that price too. It's just safe to say that we're going to see a better low in every bear market that we'll have. After reaching $71k this year, we saw it dropped to $48k and that's more than half of its price which is still good to be honest.

They don't want to zoom out the charts because what they're looking at are the current price swings, the day, the weeks, and a few months of it. But go back and check the start of this year and they'll still see some good upwards of the charts. Just a reminder to those that gets discouraged whenever they see the $50k levels of Bitcoin. The price of Bitcoin at the beginning of this year was around $43k and we're still $53k. I feel bad for those that have bought at the peak but look at your long term plans instead.

IMHO, one of the best advice to hear from a truly wealthy person who's dying and has reached the peak of success in his career was with Steve Jobs. He has given a lot of meaningful advice. These wealthy people can move freely because they have already leveraged their businesses and skills to other people that they're paying and so, they have a lot of free time to do other things. Well, AI is another innovation that they can leverage but it's not all that can do the job. I believe that a wealthy person has already that attitude to continue making more money and it seems that working more is already on their genes.

The embassy is right about it but they need to have stronger proof of support and documents for his stay and Bitcoin won't give that assurance based on their policies. Also, I wouldn't recommend someone to show his Bitcoin and other crypto assets as support for their stay offshore. Why? you'll never know that the staff that interviewed you has some people on the other side that do things that you'll never know and when they know someone who's got Bitcoins, even though we're not thinking that things like wrench attacks might happen, it's better to be safe not to unveil about your Bitcoin holdings.

Kemac, smartvirus is correct. When I read this thread of yours, this is the first thing that came to my mind which I've placed in bold. The majority of them if not all are giving a hard time to their customers who are using their bank accounts and even credit cards to buy and sell cryptocurrencies from any exchanges. And if that requires a higher amount, I'd advise you to look for a local community crypto group of yours to simply buy P2P or through other means except that if that won't work for you.

Nope, not only in 2024. It was viewed by many of us a long time ago during the early stage of it when it has shown volatility and I think even before most of us got in.

IMHO, those challenges have been overcame already by it. It's now widely believed to be a good store of value and because of the global trend that we're having and financial institutions passed on with Bitcoin ETFs, are there still challenged for its acceptance? Maybe only to those countries that don't accept it yet or it is illegal.

I highly advise you to move this thread to the Bahasa Indonesia (Indonesian) which is the local section for Indonesians. I think that you'll be able to have some interested people to do business with you first by finding someone through your locality and find your leads there first. It's not that easy to find some business partners online although we're seeing a lot of members here that have built their trust and reputation but it takes time, still wish you good luck.

Definitely possible, I like honestly the comparison that you've made instead of putting the highest and the lowest prices for those years and cycles. I still believe in the 4-year cycle of BTC and that's why I am a firm believer that we're on the start of the bull run. And despite that BTC has already broken its former ATH even before the halving, it does make sense that it's a signal that we're going to see a better and higher peak when it comes by next year. The market is on a downturn now? that's good for everyone that wishes to buy at the lows, so keep doing it now while the days passes by until we head 2025.

Since CZ and Binance are on the topic, I think this is where I can post this news about him.
The new Binance CEO said that he's banned from getting back to the company. I was expecting him to be back after his release from prison.

We're not powerless but as individuals, we've got lesser power and we don't realize that if we come together and be as one, that power will be visible from all of these factors and aspects. When companies see this power, they intend to do what's necessary and that's why there are some of them that don't allow labor unions because they know where it is heading. We don't have control over the world economy as we just have to be adaptable and prepare for the worst. And this has something to do with leaders too, so if you're living in a democratic country, choose the suitable leaders.

We as individuals, are the economy and that's one of the powers that we possess when it comes already. Those small scales of businesses and individuals when put up altogether create a stronger force and margin in the economy.

That's also it, the thing is we're all surviving and this kind of life that we're having is like survival at its fittest. But what can we expect? we will wait for some superhero to save our lives and economies? no, we act on our own to save our own lives and do better with our living and that's why we're adapting.

You don't generate any income statement there. What you'll be getting there is your deposit and withdrawal history. The casinos won't consider it as your source of income when you send them that and they won't approve it because anyone can ask their friends and families or even strangers to provide them a screenshot of their electrum balance. The casinos won't be looking for that as your source of income even if there will be ins and outs of it. What type of source of income you should send them are the typical ones that we're having, pay slip, or if you're self employed, the transactions that you're making or even bank slips might be considered but not from electrum.

The bottom was likely at $49k. If this time, it's gonna be around $55k. And as I've checked the run for this week and month, it seems that $55k was the lowest that we're getting. It's okay, wait until the FED announcement again, and for sure we'd see some pump after that. This time, it's all about shaking the weaklings but is the price cheaper? I don't think so, I'm still zooming out and if we're going to conclude it, the holders are still winning with this price unless someone has bought at the peak then, you only have to hold longer.

I'll quote some parts of the article;


So, it's a fake employment scheme in which they'll ask the potential employees to take a test and then will be required to download a link for their software that contains the virus/malware. I think that these scammers are also connected or part of the Lazarus group that has hacked Sky Mavis' Ronin network by $600M: US officials link North Korean Lazarus hackers to $625M Axie Infinity crypto theft

If you can't afford the thousands of ASIC miners and are considering staking, it's best to avoid staking platforms or coins that offer that percentage. They will soon drop. Since you mined ETH before it turned into POS, and if you still have your GPUs, check out the coins that you can mine with them through https://whattomine.com/
However, I think that the profitability of those other altcoins has dropped too. As for people like me who have the same plans before, I've concluded that buying Bitcoin and holding it will give me more returns and then less effort and less electric bills and it has no other way but to go up. So, the potential loss will be there in paper but it will be recovered once it's high again.

Airdrop, all-time highs, partnerships, almost only good news that are giving benefits to crypto whenever it's published in social media. But we all know that there has been a demolition job from the manipulators about spreading of FUD through it easily and quickly. Aside from that, it's not only that crypto-related scams and links are spreading there. Also, the bank-related concerns are that vast in there if you're going to visit one social media page about a banking service and a corporation. Anything that is on the trend, we see it first on social media and then the flock follows whatever it is.

It is okay if they won't buy as long as you've reminded them once or twice, that's already more than enough for you to be worried about people close to you or strangers buying Bitcoin. Once you're able to give your thoughts about it, you don't talk about it with them anymore. You do and mind your own business than them. But expect them to come whenever they see the radar and see that the price of Bitcoin is going up again. Worry about yourself and your holdings and you shall do fine on this market. While the rest, don't be bothered with those people that you've already mentioned about it. Give them time if they will buy, they've done it already but for some reasons and circumstances there could be some valid reasons why they haven't done yet.

Thanks OP!

If the link is redirecting you to another website and you're unsure if it's safe or not, better stop already from there. I don't trust most of the downloadable that are uploaded in Mediafire, I had a terrible experience there when I wasn't aware of these things a long time ago although some genuine files/apps are also there by non-bad actors. For those that are very hyper with what they see on the web whether it's from Git Hub or not, the practice is to always verify the source or if in doubt, don't touch, don't download.

The thought and speculation of Bitcoin reaching $100k has already set since 2021. Whether it will happen by the end of this year or by next year, whichever it happens, that's what we're all waiting for me. But for me, whether it happens or not, I'll hold on no matter what happens. Bitcoin is always surprising us with its gains and it always exceeds our expectations. So, I'm not saying that it will surpass $100k but very likely, and as of this moment, all we have to do is to be patient, accumulate, and always check the market if it has hit your target already. The plan is to hold longer and sell some on its way and make sure that you're not out of the market for the next upcoming years. Each satoshis that we own is becoming more precious every cycle that we're in.

These came from nature and they can be reproduced by it but it doesn't come with unlimited supply.

And just like Bitcoin, they also have limits. But the purpose of Bitcoin compared to those assets have more and better. If there are people that want to argue that Bitcoin isn't an asset for them, that is okay. There is no need to become butthurt by those people's opinion and what we have to do is to hold and forget other people's business because we've got ours.

Most of these projects are all concepts or ideas they want to materialize. And as they plan and look into that potential profit that they're going to have, we don't have to go that far anymore or sideways because that's the motivation there. The crypto market seems to be lucrative for them but not every project will have its own success. If a business is thriving without having the need to tokenized their assets, there's really no need to do that and just focus on the process and expansion through other means. I've also seen crypto project concepts and proposals that they're attaching to real estate but I have not seen many of them become successful.