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Do people even promote on the dark web? I'm pretty sure a lot of usage is there, but not necessarily promotion. Most promotions are done in the surface web — obviously because a huge majority of users use the surface web.
As for which you should promote to — why not both?
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Pretty sure the rural vs urban thing will differ from country to country. The relevancy of bitcoin on rural vs urban areas will totally depend on how much they 'need' Bitcoin — regardless if it's because of needing bitcoin as an actual inflation hedge, or probably just as a get rich quick scheme that people are willing to risk for better finances.
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This is an interesting topic that I sparked up back then once just for discussion purposes — safe to say a lot of people didn't like it lol. If this trend continues most if not all bitcoins would have been lost by then.
It definitely wouldn't be like that. Sure, the supply still shrinks and shrinks slowly, but as time goes bitcoin goes up in value as well. People will be incentivized to not lose them; not like back then when bitcoin was merely a few cents so people didn't care much about their private key backups. |
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Bitcoin isn't necessarily the alternative to physical cash — digital fiat is. You know — PayPal, Venmo, CashApp, or whatever your local version of these apps are.
Bitcoin doesn't solve the physical problem of cash — bitcoin solves the monetary problems of fiat money.
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Just ignore it — you don't need to defend bitcoin with all your will. It's not like you can explain to your child how bitcoin is not a scam and all that because bitcoin (and probably money in general) is probably still a bit too complex to explain at that age anyway.
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What you need to know is to simply not take this community forum too seriously. Just like how you talk to other people on some social media group — as long as you follow the rules by not spamming and scamming and all that, you're good to go.
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It's just FUD in general — not necessarily because the halving is around the corner. I'm pretty sure the government could care less about the halving. The FUD recently has mostly been before the spot ETF announcements — it's a pretty safe assumption that it's been coordinated.
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Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.
What is your opinion on this?
Past performance is not indicative of future results. While I hope you're right, don't bet on specific timeframes that your coins are going to rise in price. Just thing long term, and that's it. |
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- Why Bitcoin can't be hacked?
Nothing, and I mean nothing is hack proof. The thing with Bitcoin is that it just has been battle tested for a decade now, hence why it's very unlikely to be 'hacked'. - So when is the right time to buy Bitcoin?
If you're bullish for the long term, now. If you're not bullish at all, never. If you want something more specific, then damn go ask a fortune teller. |
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We all know bitcoin's scarcity is far more guaranteed than golds, but this is the subjective part: It's more precious than gold.
Obviously most people still value gold far more than bitcoin — the marketcap difference itself is enough proof. |
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They were asking about Sparrow not Samourai
Not sure if I get it — but doesn't Sparrow share the same pool as Samourai's? Like with them just basically implementing Samourai's whirlpool in their UI? https://sparrowwallet.com/features/ |
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There have been a lot of debates between Wasabi vs Samourai mixers that I don't really understand which one is superior. But based on what I've been seeing — Wasabi is apparently superior than Samourai. I couldn't fully understand it so I just picked the one with better public sentiment. (P.S. this is besides the Wasabi chain analysis thing.)
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It is true that Fidelity's apply for the Bitcoin Spot ETF is still unconfirmed, but the subject seems very likely to me. They certainly do not want to lag behind the competition that is BlackRock. And even if it turns out to be just a rumor, these events probably stopped some further declines in the crypto market.
That's too optimistic — knowing that BlackRock's spot ETF proposal isn't even guaranteed to go through even if you argue that it's likely. Spoiler alert: a spot ETF isn't going to stop bitcoin from having price declines. |
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DCA are better on the dips, some weekends are bullish and some are bearish, to stay informed you need an alert software on dips, don't just buy every week because of DCA, make sure you buy when the market is in red.
Download Coinmarketcap app on your phone and activate the price alert, set to low price range around 23,000 to 25,000$ range and keep dollar cost averaging, it's better not to put all your money into the DCA, very small amount everytime, this is better.
The point of dollar-cost averaging is to make buys regardless of market sentiment, because people make bad decisions based on market behaviour. DCA-ers are highly more likely to outperform dip buyers when talking about the long-term. |
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To put it simply — shoving bitcoin down people's throats even if they're not asking about it is akin to people trying to promote ponzi/MLM schemes to friends and family, even if bitcoin is a totally legitimate asset. Simply a huge no-no.
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I just want to say that no matter what the decision will eventually be, all those years when the first BTC ETF was awaited and the fact that almost nothing serious happened when the first futures BTC ETF was approved certainly leave a mark on the average investor who does not understand why this time something should be different.
Because a futures ETF is hugely different from a spot ETF. Not everyone is comfortable with futures/derivatives(obvs because of complexity) and more people are more comfortable with buying spot. And that is both for institutional and retail. But anyway, time will tell. |
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Just take note that Fidelity applying for a Bitcoin Spot ETF is still just a rumour. (Unless I've missed some news, that is.)
The BlackRock application alone is a good reason to be bullish though.
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Exactly... The people might all be willing to accept it but that won't be enough. Some countries will still be a major racist of the Bitcoin which will be among the reasons why Bitcoin could not necessarily be accepted as a global means of exchange between countries.
Fortunately governments doesn't have to embrace Bitcoin for it to succeed. If using bitcoin for physical store payments gets banned, then bitcoin will be some sort of like "underground cypherpunk gold" or something — which is fine by me. |
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Just a heads up that the photos are loading fine on my side.
Other than that, great content. Unfortunately people wouldn't want to run their own full node unless they have a direct financial incentive to do so (dividends as with some alts, etc).
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I think Bitcoin's medium-term trajectory cannot be solely determined by the approval or disapproval of a Bitcoin ETF. While ETF decisions can impact the market, we all know there are other factors that contribute to Bitcoin's price movement and that the market reaction to news and rumors can often be unrecognizable. predictable, and not always a direct cause-and-effect relationship between ETF decisions and price fluctuations.
Bitcoin's short-mid term is mostly due to news like this, while long-term is mostly based on general demand — with all broader things considered. And obviously I didn't state that the ETF decision is solely what's going to move the market. |
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