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Can you explain further your 30-40% thing? Cant see how you ended up with that number.
1. FIAT is just the trading pair. That's how markets work — you pair the asset with the most used asset for trading, which is fiat.
2. ? ? ?
"Chain-inflation": I can create my own version of the USD, but it wouldn't do crap with the economics of the USD. Same with with the bitcoin-forks.
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You don’t necessarily need to be on Bitcointalk to advance on your “bitcoin journey”. Other communities like Twitter or Reddit also exists — it just totally depends on how you use these platforms to learn more. Honestly most of your learning would be through reading books/articles or listening to podcasts than actually talking to people on community forums.
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They do, because any Governments that accepted BTC in their countries enjoy BTC. If I may ask who are government? The people in a particular country are government, since the people that have idea on BTC are using it to grow their business and also use it to attract more customers by purchasing goods and pay with BTC. Like country El Salvador are you trying to tell me that they don't enjoy BTC.
Obviously not all government likes the fact that their people are using bitcoin/cryptocurrencies, hence the tight regulations. The likes of Venezuela are just a small minority of countries that wants to take the risk of losing control over their people. |
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Yes. Though these days pretty much household name naman na ang Bitcoin so hindi naman na ganun ka big deal ung makita ng mga tao ang Bitcoin sa mga movies at series. Matagal na rin naman ng common misconception na rin naman na na ang bitcoin/crypto ay ginagamit lang sa droga/illegal.
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But yes he is relentlessly and corruptly attacked crypto in the US. Though it will likely take years for these cases to finish, and they could go either way, perhaps ending up limiting the SECs power even.
And also take note that I've read somewhere that Gensler has only less than 2 years left in his position(chairman of the U.S. SEC). He'll be out of the picture in no time; which is kinda bullish unless someone worse replaces him. |
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While crypto-friendly itong banks/platforms na to, always remember na hindi porke e crypto-friendly sila e pwede ka nang mag transfer lang ng magtransfer ng bank<->crypto ng maramihan/malakihan. Always remember na may anti-money laundering limitations pa rin mga yan.
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Bitcoin due to the fact that it's actually one of the most unique cryptocurrencies — pretty much just movement and storage of value; that's it. It doesn't need to have other features for it to be useful. Other cryptocurrencies on the other hand, are pretty much just pseudo-shares and smart contract platforms.
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Pretty much — though possible to stifle and slow down, Bitcoin and some cryptocurrency projects have brown big enough to the point that it's going to be nearly virtually impossible to kill it. It's pretty much just going to be moved to other jurisdictions. Huge misstep for the US SEC tbh.
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As a matter of fact, it's very unsafe to depend on a single coin. In otherwords, invest into more than one token by spreading your investment into potential coins but be careful not to invest into pump and dump coins. Above all, make sure to maintain risk management in which ever crypto asset you are investing in.
This is the advice that gets people to unnecessarily "diversify" their holdings into more and more likely-to-die projects — with people thinking they know what they're doing but in fact, they don't. The safest advice is to simply go bitcoin-only. |
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One of the users commented under that tweet "That doesn't prevent criminal charges at a later date once more is revealed through discovery in the civil suit" so maybe their evidence is just not strong enough as of yet.
Yes. People think that Binance is immediately going to go bust or something, but in reality things like this are a long, slow, and gruellingly painful process. In the end we're likely going to get minor news concerning this topic month-by-month for some more added volatility. |
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You're right — but what we think and want doesn't always reflect reality. The fact is, most of the cryptocurrency space at least for now is still largely speculation and not much people (at least yet) care about self-custody and self-sovereignty.
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Sobrang hirap kasi mag verify kung decentralized at open source talaga ang wallet kung tulad ko na walang alam sa code. Nagbase lang ako sa description sa website at few feedback sa internet. Kagaya dito sa list mo na kasama pa dn ang atomic wallet para sa mga software wallet recommendation.  Regardless kung open-source or not ang isang software wallet, still always opt in for hardware wallet kung para sa long-term investments. Dapat ang software wallets pang maliliit na halaga kung mahilig gamitin ng isang tao ang crypto niya on the fly. |
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Though nag "4" nanaman si CZ, wala pa siyang specific comment kung FUD to o hindi, since hindi pa daw nya nababasa ung report. One thing's for sure, kaso ito, and wag nating kalimutan na sobrang laki ng warchest ng Binance. |
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Is there any information on who the guy was behind the post? We don't even know a username1. Back in the day, it was possible to post in the forum without registration, anyone could post as a guest.
For the sake of the poster's personal safety(because he/she's guaranteed to be a multimillionaire by now assuming he/she didn't sold or get hacked), let's just say that we should be thankful there isn't much information about him. |
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Had a family member that was roped in to it.
To earn those tokens, you have to complete some KYC first. So it's like another airdrop.
Worse than a typical old-school airdrop — this actually is pretty much guaranteed to be worth nothing simply because the token itself is totally useless. And as expected, it's the people in 3rd world countries that are being baited into this sham. |
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"If it sounds too good to be true, it probably is."
And in this case, it definitely is. The supposed token isn't even listed on CoinGeko. Don't waste your time with the "easy money" schemes.
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This is a quick reminder to as much as possible prevent using close-source software wallets for long-term holdings. Gamitin lang ang mga ganitong wallet as hot wallets pang spending convenience — pambayad sa mga VPNs, online purchases, etc. Read: https://chainsec.io/wallets |
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Bitcoin is still undergoing development and the two soft forks that happen in Bitcoin development is somehow related to minimizing transaction fee. If we look at the history, Bitcoin first implemented segwit. A bitcoin update that reduces the size of transaction, thus making transaction fee lower. Then comes taproot that further reduce the transaction fee. Before the ordinal issue, Bitcoin transaction are cheap, until someone uses BRC 20 token to congest the network and eventually increase the transaction fee exponentially.
These updates sure did technically decrease transaction fees, but the effects were (expectedly) minuscule. Segwit was mostly for increased block capacity, while Taproot was mostly for better functionality via the Lightning network. |
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Me: buying bitcoin because I prefer having self-custody over my money and I think that the price will go up some time in the future. It's really that simple lmao.
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