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Pretty much majority of people? They'll buy at near peak when hype is rampant, then panic sell when the bubble bursts thinking bitcoin is dead.
As for me — once I've learned enough about bitcoin 7 years ago, I remained longterm bullish. What needed fixing on my side was only my allocations as I was almost always over invested; leaving me with very little dry powder when crashes came.
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I would never try to convince anybody... I'm a big crypto enthusiast, but i still consider crypto a high risk investment... I wouldn't want to be responsible if they'd lose their funds. On the other hand, if they'd made up their own mind and just asked me for assistance, i would gladly help them out  This, and most especially not people in their senior age, and most definitely not people in my family. I get it, it feels great if people make money because of your investment recommendation, but man the potential downside if the price went the other way. |
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It's either bitcoin, or stablecoins on whatever blockchain. Doesn't make that much sense to accept other cryptocurrencies in my opinion knowing that bitcoin payment volume is already quite small in the first place.
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Creating a method/protocol, where the users, who lost access to the coins in their wallets could recover their private keys(access to their wallets). I know that many people would be against such protocol, because lost coins make BTC more scarce, but I think the fear of losing your coins because you forgot your password/private keys is what keeps many noobs away from Bitcoin and this kinda stops the process of mass adoption.
I don't think it's the fact that people don't want it. It's the fact that there's no way of doing this without having a centralized entity requiring AML/KYC. The closest thing we have to this is social backups, like what Argent(ethereum wallet) has. |
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Pretty simple. Bitcoin-related? Bitcoin Discussion section. Altcoin-related? Altcoin Discussion section. Don't overthink it as mods will move your topic if it's in the wrong section anyway.
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Though I've seen a few times that people think I'm affiliated with ColdCard, I got mk4 (Mark 4) from one of Iron Man's armor designs. I'm not a super fan of Iron Man and Marvel in general, but I like the short name and I like how it sounds lol. |
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Knowing how big bitcoin is today, its denomination. I'd prefer if the sats denominator is what we call "bitcoin" today(moving 8 decimal places), so bitcoin wouldn't be priced so high unit-wise as it's not so currency-like.
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No one in the right mind should be using such a device. Sure, buy it as an investment or as a statement piece — but for its Bitcoin-related features? Hell nah.
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Well, as a beginner at bitcointalkz, or for you who just started new, you've gotta try as much as (basically everyday) to keep sharing contents or making eligible posts with also commenting on other people's contents in order to grow your status.
Or maybe just post when you actually have something decent to contribute, and not fill Bitcointalk with unnecessary spam? You don't even need to try so hard to rank up here; it's very easy as long as you actually know Bitcoin and cryptocurrencies. |
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No one knows in the end, but trust me as I have a magic crystal ball — bitcoin's price will be somewhere between $1 and $1,000,000,000.
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The thing with software wallets is that there's always a chance of a private key leak simply due to the fact that your wallet's private keys were generated through your computer/mobile device. And add the fact that it's closed source? We have no idea how secure the wallet app is.
Next time, grab a hardware wallet.
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What else are your looking for specifically? I couldn't think of anything close to being better than steel(either a sheet or preferably, washers due to it looking a lot more non-important), or at least paper on a fire-proof safe.
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Growth in terms of what? At least link in some sources? Not looking good as of Google Trends though. (5 year chart) |
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Planning to avoid unnecessary expenses is something I have been working on for a very long time but up till now no result, sometimes I think is not possible is just for people who have good source of income, but on another point of view can one really plan against avoiding unnecessary expenses? Let's say for example example am saving money to get a property and all of a sudden I got a call that my mother is sick and need an urgent medical attention, I have gotten an expenses I didn't plan for, so how can I avoid the expenses at this point in time? I really need tips on how to avoid unnecessary expenses to increase my income.
You really can't predict and avoid those kinds of unnecessary expenses. What you can do is to plan ahead, in case such expenses arise. Like I said, having a budget(a savings allocation) for unnecessary expenses will do the trick. |
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It's pretty normal to see Bitcoin price drop but why do you think Bitcoin is dead after FTX's bankruptcy?
If anything, the pressure was a lot more on the broader crypto/DeFi industry — not Bitcoin. Yes, bitcoin's price dropped at that time, but it showed that having something so simple as bitcoin is so important. No smart contracts and all that, just plain 'ol bitcoin. |
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Mate — thousands and thousands of us wouldn't be on Bitcointalk or in the broader Bitcoin community if we didn't think that bitcoin would rise in price again. Simple as that.
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In a way yeah but there are some unexpected expenses that planning can not avoid.
Quick tip: you can have an emergency fund(or whatever you want to call it — maybe unexpected expense fund) for exactly these types of circumstances where you have unexpected expenses/bills. So yea, it still can be planned. |
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So what do you suggest? That the MtGox users don't get their bitcoin back? If you're that certain that it will push bitcoin's price down, then you can take advantage of it. But the fact is, nothing is certain concerning markets.
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If you can afford it, but a cheap fireproof safe. Cram that piece of paper together with some important documents so the paper would look like a scrap of paper you accidentally bunched in with your documents.
Optional: passphrase
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