Welp. They died down through time.

They had good reasons to be angry about bitcoin too, I can remember the utter shitshow that was bitcointalk 2016-2018. Everyone for themselves equally hating on bitcoin and fanaticizing it at the same time. Every post talking about if whether bitcoin was a ponzi scheme or not. It was a chaos fest and yet as time passed by the simmered down. Either they started believing in bitcoin, as most of the people in here, or they just gave up and diverted their energy to something else more worthwhile.

Should they come back, and they will, we have even more constructive forum members here who would be able to lecture them a good thing or two about bitcoin no doubt. After all this time we didn't just gather more supporters, we literally became smarter too.

Any "effect" it would have is because of an overreaction against the alliance. Don't get me wrong I clown on Russia as much as the next guy but this "alliance" that they struck with Africa is of no consequence unless they are to take actions against countries that are considered enemies of these. Which they aren't cause that would mean world war by the by. So what they are right now is purely partners in economic stability if you could even call it that, one country helps the other by providing it with enough economic aid to hopefully allow it to stand up, and perhaps strengthen its relations with it to further drive just how negatively the Americas affected them. I say we can't do anything but watch and observe, any country making a move against this will be considered an act of aggression and would have dire consequences.

A coup whether successful or not carries with it effects and omens in a sense. For the most part, these coups are a testament or an after-effect of a community/tribe/group of people under a single banner's dismay of the current system with which the government operates. So much so that the only thing they see that would answer this is the head of the country's leader. That itself is a symptom, the fact that they are not satisfied with what they are being given, shows that the country is either both incapable of providing these people what they want, or just simply unwilling, both unwise choices if I do say so myself.

A coup would also weaken the country's military defense, instead of investing these people to train for bigger wars, they are left to fend off the attacks, which will expend them, weaken them by the numbers, and may even cook their morale to a point that a few of them may join the militant action as well.

Coups carry with it a lot of effects, not just economic. Economy will be hit first, but it will be the last one standing as well.

The problem with your question is that it distracts people from the fact that you can choose between the two. Saving and investing two halves of the 15 grand you got will not only provide you with a pretty okay-ish safety net that you could rely on should your venture fail, it would also open you for opportunities to start said venture without having to force yourself upon it. You can even argue that investing on the stock market or crypto would be a better idea instead of investing it in a small business since the low entry cost and the higher propensity for earning means you can save as much as 10k while invest the 5k with the prospect of still earning good money. Sometimes you don't have to choose especially if it's about money-making, sometimes taking the middle pathway works best.

Not so much. Technical Indicators are meant to be guides for you to derive a sound judgement from, they're derived answers aren't to be taken at face value and you should always employ a broader perspective approach when receiving Technical Analyses. The thing about TA is that it's almost always going to be wrong, but you'll know this retrospectively, and you're not really a clairvoyant (at least I think so) so the best thing you could really do with these analyses since they are still good is to actually piece them out, break them down in wires and figure out why and how these people came upon these conclusions. Just cause someone's saying "bitcoin would drop to 10k next month due to this chart I made" you'd follow them blindly already, figure out why they say that, understand the reasons and what indicators they came upon that led them to that conclusion, from there, create your own opinion and follow that.

Better be pedantic than be delusional yeah? Lol I get what you're saying. And while I don't share your ideologies of "just living in the moment and not thinking too much about things" (I'm not an absurdist myself), I can see why that would work, especially if you're living quite alright for yourself anyway that you don't have to worry about the most basic things for survival, which fortunately for us are a great portion of the populace. My take is more of a call to action than something that I demand everyone to live by really. Considering that we can't do much really besides complain and take action. At the end of the day, I support whichever line of thinking keeps us afloat, it's hard enough to live these days, it's going to be even harder to live by the ideals that someone has set upon you.

It's not as great as they make it out to be. A few months ago news broke out of an AI trading bot getting a loan for a couple hundred million dollars only to end up with a 10 bucks profit.

AI trading bots are pretty much linear, they can only recognize patterns that will yield them profit, regardless of how much that profit would be, and sure some of them you can place a certain limit to reach before the bot calls it quits but for the most part (and I say this cause I've used a couple of them for kicks in the past), you'd be so addled with anxiety you'd be watching over the bot as it does its thing, and by then it would've been as if you did the trading yourself lol. So for the moment you might wanna hold off on the AI trading bot dream until such a time exists where these things are able to effectively trade as we want them to.

As an average guy with a salary that you can just get by and all that, it's going to be exceptionally hard getting by on that particular salary. It's hard enough that you're a cog in the wheel that could easily be replaced by someone else should the company deem you ineffective or unnecessary, it's also even harder to wrap your head around the fact that you're basically barely scraping by, so you won't have the liberty of saving money, financial freedom, and all that awesome stuff you get to experience as someone who's on a better state of living. And this is the reality for millions of us as of now. They'll be the first to experience the brunt and the after-effects of a massive recession and yet the whole world couldn't go on without them. Isn't that just a new level of fucked up?

hard to be optimistic these days when you can't see any light at the end of the tunnel, and all of these can only happen out of the inert kindness in people, especially the Russian-Ukrainian war. And we all know not to trust that especially during tense situations lol. I say let's balance things out a little, be realistic as it is. There's much reason to be negative about the current situation of the whole planet but there's also many things to be happy about. Either we divert our efforts into actually being part of the change that will make the whole world a better place, or we lie in our dorito-crusted seats and watch as the rest of the planet burns to the ground. Either way we have a choice to make.

It sets you up for an easier employment cause for the most part it's much easier to get high-paying jobs with a degree that fits the job description, but that doesn't mean it's the end-all-be-all solution to landing an employment willy-nilly. There are other ways for you to land an employment despite not being able to get a degree. One is compounding experience in related fields until you gain enough credibility to land the job on that particular job role. It's been a tried and tested way for many over the years.

Another would be settling for entrepreneurship, if you're someone who's not able to land a concrete job but at the same time someone who couldn't get back to studying just yet for reasons, entrepreneurship might be for you.

Do we have pay-to-use blockchains now? I don’t think so, if what you consider as “pay-to-use” are networks that charge their users with transactions fees every-time they make a transaction (which are all of them by the way)then we’re going to have an issue indeed lol. But I don’t think the reason why bitcoin couldn’t be adopted on whether it is free to use or not, it’s all because of the lack of information and prejudice against it which will proliferate amongst those who do not know better, and just like germ theory they’d contract that skewed ideology to other no-knowers until the whole world either knows about bitcoin, or doesn’t and actively hates on it.

Things go according to how they trend so far, and there's a good chance he might actually be prophesying something. People are valuing their privacies even more, so much so that they are actually taking active actions that will lead them to reducing their digital footprints. Should this become even more important in the future, bitcoin is at a high position to set itself as the standard of money for people who don't want feds tracking their every move.

It's a little stretch but I can see it happening soon, with the government actively admitting that they are spying on everyone, advertising companies using our data to tailor-fit ads according to our preferences without our consent, and much more. Bitcoin could champion Web3.0 if things go well.

It's possible and it's been done in the past. Cryptocurrencies are open-source, so as long as you can gain access to their source code and make something of it you can basically create your own bitcoin which is known as forking. Bitcoin Cash, Bitcoin Gold, hundreds of bitcoin derivatives have been made in the past. You can even copy the entire blockchain node and effectively create your own network. It doesn't make sense for bitcoin to not be open-source either, it's literally the champion of democracy in the financial world, to shroud itself in a cloak of copyright infringement is a massive disrespect to the values that it upholds right from when it was made by Satoshi Nakamoto.

Cause they either see it as a money-laundering machine, a tax evasion mechanism for people who don't want to pay taxes, or just flat out misinformation (e.g. Bitcoin is a ponzi scheme yadda yadda).

the US has seen crypto as the latter, and for good reason, no thanks to SBF, Do Kwon, and a buncha other stupid mofos who see crypto as nothing but a cash cow they can milk without anybody suspecting them. And even though this was the case you can't really say that they are in the right either, there's much to unpack about crypto than just "it's a fucking scam" or whatever is going on in their heads these days, so we can't really just take the hits. I say we let them for now, it's bear season anyway and we'd not have much energy to battle these misinformation, let's take a stand and do something about it when the market's looking a little more sunny, and watch as these freakazoids flock upon bitcoin like it's the last hotdog stand in town.

Flip burgers for a living I suppose lol.

But not really, career-wise I got a lot of experience under my belt to land management roles in most companies from where I live. So it's not like I don't have any choice when it comes to employment. Given that I could also go for other investment ventures out there like stocks and bonds, knowing how bitcoin and the crypto market works serves well to allow me to stay afloat in other investment ventures for a long while, so even if they do ban crypto here I'd still be left with ample choices to choose from.

I doubt that they'd ban it though, Philippines is one of the biggest crypto countries out there, the tax man here is living happy and rent-free from all the P2P and VAT transactions we make, banning it for the sake of banning crypto wouldn't spell well for the economy.

Kinda weird that they're doing this at the end stretch of the bear market. What are they trying to do? Cull the meek? LOL. Why issue a ban like this when you could've gone and done so years prior when bitcoin was still at its hayday? It's a little counterintuitive to stop "scammers and hackers" now that they have pretty much mellowed down when they are practically spawning like maggots years ago. I know this could come from the anti-crypto campaign that SEC and effectively all of US is under right now, and I guess it just makes sense at surface level to ban the use of cryptocurrencies in your banking institution and then lifting it once the SEC approves of it in the future, but knowing JP morgan and chase they are probably just outright hating on cryptocurrencies now lol.

If you meant bitcoins being burned, then there's a chance for them to be reclaimed although that would mean getting the keys to an inaccessible address which is impossible if you don't have a quantum computer. You can't liquidate it either into banknotes cause that would mean you're just trading them off for a different currency, which again will do more bad than good as selling bitcoins diminishes its value. The current burn mechanism is good as it is and it doesn't need to change one bit. it works for the people, it works for bitcoin, and there's not much else you can ask for in this kind of setup.

Doesn't mean they accept it. That's a different story. Sure, they may have seen and realized that bitcoin is a real currency with economy, commerce, and a circulation to boot, but that doesn't automatically mean that they'd accept it or allow it to proliferate within their country. Although if this means that they are taking a step towards regulating and adopting bitcoin within China, I think that's good and would mean well for bitcoin which nowadays is primarily centered towards third-world countries and the USA. Having a little diversity within the bitcoin populace will mean great as it strengthens bitcoin's hold of its community. allowing for a better traction in times when other countries may not feel so accepting of bitcoin.

While I empathize with you and the apparent lack of solid solutions to solve the P2P conundrum, You are also at fault here.

You knew you had a package that needs to be paid, instead of being prudent enough by initiating the P2P transaction as early as you can, you waited for the package to arrive which puts you at a time constraint. IDK how your P2P works but if it's BTC-USD then that just means you had the opportunity to sell your bitcoin at an earlier time to ensure you don't get pressured into selling especially since bitcoin's price is a little volatile nowadays.

You can't change the whole system just cause of a single instance, and while we share the same problems every now and again you have to understand that Rome was not built overnight, make wise use of what's available and don't assume that things will always go according to your plan.

First off, the moment you cashed out 100 million bucks it's not going to be 100 million dollars anymore, that's a massive a mount of money that would sway the hearts of the holders in this industry, there's no doubt people will see that and think it's the end of the world lol. Plus there's no bank nor financial institution out there that would want to facilitate your transfer or saving, that's a huge amount of money and your best bet is with a swiss bank if you don't want to face tax consequences, but we all know how that works.

I say if you want to withdraw your money really, withdraw it slowly and with different accounts, don't do it all at once. Give the market time to recover from your sales.