there will always have some sort of inflation
the push pull for sure

but that is dependent on many variables etc, at least it is possible to get rid of one form of\ inflation if the entire market place was based on a money system that had a limited supply

what are your thoughts on what if the majority of the population all of a sudden sold all their fiat and put it into a crypto? like BTC, do u think the system or part of the traditional finance system see some type of impact/disruption?

News from "countries that heroically defeated the vile useless dollar"!

By the way, pay attention to the subtle play of the hands of the "friends of Russia" - India and China! They undress Russia as soon as they can, hiding behind "we are also fighting the dollar"

Oil in exchange for "wrappers". Russian companies do not know what to do with the rupees received from India...
Having increased trade with India by hundreds of percent and abandoned the dollar at the request of the Kremlin, Russian companies are faced with a problem: the rupees received for the sale of goods to Indian counterparties turned out to be nowhere to go.

Exporters have accumulated Indian currency, but the Indian regulator does not allow it to be traded on the Moscow Exchange and converted into rubles, Kirill Pestov, managing director for business development of the exchange, said in an interview with Reuters.

Since the middle of last year, according to him, foreign exchange market participants have been interested in selling rupees - cheap Russian oil has flowed to India, and by the end of the year supplies have grown 33 times. Their volume - almost 1.5 million barrels per day - exceeded imports from Iraq and Saudi Arabia combined.

But it is impossible to sell a rupee in Moscow. "Indian currency regulation restricts the circulation and settlements in rupees outside of India, and this applies to the entire outside world," Pestov explained.

https://www.moscowtimes.ru/2023/03/06/neft-v-obmen-na-fantiki-rossiiskie-kompanii-ne-znayut-kuda-det-poluchennie-iz-indii-rupii-a35903

It becomes speculation because bitcoin will be an interesting discussion when they want to know the movement but we will not see how accurate it is, about the bear market it is very natural because several factors cause the price of bitcoin to fall, for example with some FUD spread by some people, including several agencies, went bankrupt, so this triggered panic for those who were not strong.

I think an investor will not hold for a short time because the principle of an investor is a strong hand to hold bitcoin as long as possible, on the other hand the current price is still not high enough even though buying around $ 16,000 it is still too early to sell bitcoin assets, still be an investor as much as possible with the next 10 years he will definitely get everything.

In game theory, a focal point (or Schelling point) is a solution that people tend to choose by default in the absence of communication.

https://en.wikipedia.org/wiki/Focal_point_(game_theory)

Yes, any government (especially authoritarian ones) could use any kind of excuse to justify their action. Although if they're not stupid, they should realize they only waste their resource since user can use VPN/Tor or even host it elsewhere.

How long have you been doing crypto trading in this field? year? There are people I know who have attended Forex and Crypto trading seminars several times and ended the session 5x even though the fee was expensive.

But later it seems that no one has learned, that if I listen to what they remember and what they wrote, it's just basic and the others have an in-depth explanation. That's why I said there is a big difference between theory and actual trading that you experience yourself. I didn't even have the experience of reading books about trading but I somehow learned through my experience.

I can suggest some books that i personally read and learned from
1. market wizards
2. reminiscence of a operator
3. pit bull: lessons from wall street's champion day trader
4.trading in the zone
5, disciplined trader

the trader can be profitable even if he is only 30-40% right in trading
all is to do in trading is controlling emotions fear, greed etc.
these last two books 4th and 5th will teach you discipline which is key to follow your rules.

Because that is mainly how US survives with its messed up economy that has a ridiculously high national debt and a rapidly increasing trade deficit.

I don't know where you live, so i don't whether you could get trouble or not. However,
1. If you use Bitcoin Core, all data would be obfuscated with random obfuscation key and XOR operation. So generic content detector won't find any inappropriate content on your HDD.

2. Lenient/flexible government should understand your intention is running Bitcoin node, not intentionally storing inappropriate content. If running Tor exit node is legal on your country, it's less likely you'll face trouble.

No, you're mixing apples and oranges. Bitcoin shouldn't have censorship but at the same time it has to defend itself from terrorist attacks (like ordinals crap). Easier said than done, I realize that.

lol it's funny that you never complained about blocking all other forms of spam transactions in the past decade like rejecting a transaction containing an OP_RETURN that is bigger than 80 bytes, but all of a sudden you are so worried about rejecting this new type of spam!!!

Apples and oranges...

back to the topic , do you think that it would be the right position again to buy? will be receiving a quarterly bonus and planning to put everything in Bitcoin.

P.S . Just asking for your opinion to have extra idea  TIA .

I am not going to claim to know the answers that would necessarily apply to various possible subtlties and abilities to engage in ongoing investing into BTC even if cashflows might be relatively tight because sometimes any of us could end up being in situations (and maybe for a long time) in which we are having difficulties with our cashflow and difficulties investing at times that likely would be better times to invest, and then we end up getting tempted into investing into something like BTC when the price are going up or had gone up for a while rather than when they are in the deepest of their trough, and part of our cashflow issue might have come from investing too much on the way up so we run out of cash when the BTC price comes down and when it ended up being (upon retrospect) at a better price point, relatively speaking.

thanks for the concern mate but now siblings and other family members are helping to keep our mother healthy meaning I am not the sole person that has obligation.

so yeah it is not best to take too much risk but this is what I choose to recover from my fast mistakes.
now I am currently holding a good chunks of Bitcoin and aiming to at least hold 2-5 bitcoin before the bull comes again.

You are mixing up 'misusing the Bitcoin blockchain because it is technically possible' and 'censorship of monetary transactions'. We want Bitcoin to be censorship-free in the sense that anyone can send any amount of BTC to anyone on the world at any time. Filling the mempool and the blockchain with JPEGs though, inhibits this goal and should be regarded as an attack. Attacking Bitcoin is pretty surely not in line with 'the philosophy Bitcoin was built on'.

---

It seems odd to me that the only real argument repeated over and over again here is that 'Bitcoin could be used as censorship-resistant forever storage of data', meanwhile NFT people don't really care about any of that and are just out to sell JPEGs for profit?

You are basically defending 'JPEGs' with 'cloud backup storage'.

No, we should call on nodes to reject spam transactions that are abusing the system and never relay such transactions. This is in accordance with the principles of bitcoin, the peer-to-peer electronic cash system and is against the principles of bitcoin, the permit anything file storage system.

Dollar is a weapon and US regime knows how to wield it.

Obviously! China's dream is to replace US as the global hegemony. Maybe not with colonizing and murder of tens of millions of people but still similar power abuse is expected from China in the future also.

Wrong.

First of all not letting people abuse this payment system that is supposed to handle money transfers is not against censorship-resistance or permissionlessness of bitcoin. In fact it is enforcing them. You see these concepts doesn't mean you should allow people to do whatever they want. Rejecting such attack transactions is also not new, there are dozens of tx types that we are rejecting. In order to keep the integrity of the system we need to do that.

I missed the chance to accumulate more from 2018-2021 so yes I am failed in my expectation as there is a surgery that needs to be funded and sadly I have to full out almost every funds from my folio to sustain my mothers surgery .

but not now, as i have already established my financial capacity and yes back to track again and buying as long as I have a chance to purchase not totally in dip but whenever there is available funds in my hands , as i believe that we must not only accumulate when there is a dip instead everytime that we have a chance to purchase .

I believe one needs to understand the point of view of Artemis3 and people who agree this is spam. If we talk of Bitcoin as "free money" or a P2P payment system. Then where do the NFTs/ordinals find their place in this concept? Or isn't Bitcoin to be a tool to transfer value rather than a decentralized storage for thousands of pictures?

While I agree RBF is useful, one should not expect it to be an ultimate solution if one wants to pay something in a reasonable period of time. Specially in countries where each dollar counts.

I would have set that transaction at 2 sat/bit at least, considering I have been noticing some important accumulation and delay on those that have opted for 1 sat/bit. Nonetheless, I am confident enough that this weekend we could see a significant drop in the mempool memory and the cheapest transactions could go through without much problem.

If there is no reduction, then next week would be one of high fees, similar to what we witnessed in mid February.  

I'm trying to understand what you're trying to explain, and I think some people might agree with you, but of course not everyone agree with you. In addition, dip is not only there when it is bearish, but also when it is bullish. After all we are still in a deep downturn as bitcoin has so far been holding on to a 65% drop in price from its previous ATH.

Buying dip during bearish period may be more profitable than buying dip during bullish, and the two offer different odds of the amount of profit to be made. I could consider both, but tend to prioritize dips during bearish.