Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin.
? ? ? What. I think the only part I understood was the first half of the second sentence. How does more people buying bitcoin lower the price? That's literally the opposite of what should happen in theory. |
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But why do people lose faith so early? I invested at a time that btc was worth more but I would never consider selling out for less. I will just ride the bear market until we recover. Why do companies which are suppose to be very tech savvy and have intelligent experts that deal with investments all the time end up panic selling?
Sometimes it's not panic selling. Sometimes it's either: - they change their minds - their economic outlook changed - re-balancing of portfolio - they found a better asset to move money to(and that they're not willing to risk more cash hence just sell the BTC to have capital) - tax loss harversting - etc Not every sell is due to panic selling. |
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Your guess might just be as good as mine, but one thing's for sure — it wouldn't be a major country like the US/UK/etc. A smaller country like Tonga(like you said) has a lot more incentive to take such risks compared to huge established countries.
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Though phone operating systems will have varying degrees of security, if a mobile device is online, clipboard malware or any other malware is possible. Even if it's decently unlikely.
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Not really sure how a change in the dollar bill's physical design could significantly improve a country's economy lol. It's literally just a cosmetic change.
As for the British government — idunno, apparently they're allies, but probably no biggie.
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What I don't understand about Munger's statement here is the part where he says the house always has a 100% edge with respect to crypto. Anyone understand what he means by that?
I'm definitely not 100% sure, but if I were to guess he's referring to exchanges when he said "house". I mean, there's some truth to that in a sense that the casino always wins, but his statement is a huge over-generalization. |
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No one is really going to care as long as you follow the rules. Like, even if Theymos' states on the registration page that you should be 13 years old or above, who's to stop 12 year olds from registering? This forum doesn't require AML/KYC in the first place.
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Customize fee is for advanced users because a newbie may set a wrong fee amount that may lead to the transactions never getting confirm, but aside from that I don't see any big deal in doing and at most cases you are at liberty to set the amount you want to pay for fees.
While most wallets list this option as an "advanced" option, it's really not that complicated. Most decent wallets have nooby-friendly fee options like slow/med/fast options with their sats/b equivalent displayed, so it's easier for the user to choose a sats/b fee if they want to overpay significantly just to make sure the transaction gets confirmed in the next block. |
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Just a quick note that a black swan event is an occurrence that will come out as an surprise. Literally the main point of a black swan event is that people aren't expecting it and you're asking if we should expect one?
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But, remember the situation where more bitcoins are being deposited into exchange wallets, we do have bear market and then why not we assume about the reciprocal now?
Because while I'm not saying that they will — whales' bitcoin that have been withdrawn to their own wallets can just as easily be deposited back in to the exchanges when they want to. Pretty simple. |
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However, I would warn all those who do not know to avoid bitcoin with the extension .com, because of its policy of spreading disinformation to the detriment of Bitcoin - it is not only a fake site, but also a malicious one.
Haven't checked this scammy website in a while so I decided to take a look. Apparently they've now started a DEX for multi-chain swaps lmao. What the heck was Roger Ver thinking. |
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You should know in windows 10 default installed, they on it clipboard history, to know that you have to try ctrl+v, then you will know what going to happen. If it is on then you have to clear the clipboard data under the button. you know, scammers will easy to find in what you have copied like private keys and passwords on the clipboard history on your PC when default on.  This is good advice, but take not that copy-pasting private keys is a bad idea in the first place, even without a clipboard history saver. Well, unless the wallet you're trying to backup or import into another wallet is a hot wallet with minimal amounts of money. |
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Reversing the ban on crypto could be very beneficial for China even due to the fact alone that they're going to be able to harvest more money in taxes. On the monetary control/privacy side, it's not like China can't do their own chainalysis on their people. Pretty sure they can if they wanted to.
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What has always made me feel uneasy in the context of markets is a lot of people being increasingly overly-bullish just because we had a good amount of run up.
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PancakeSwap has indeed a huge monopoly over the BNB ecosystem, but people always oversee the fact that they're spending so much to fund liquidity.
As per CoinGecko,
Circulating supply: 165,132,993
Max supply: 750,000,000
Summary: they're diluting so much of the token supply just to be able to pay LPs. This is precisely why most DEXs has a sort of death spiral chart.
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Both Warren Buffett and Charlie Munger would simply not understand the importance of bitcoin/crypto simply because they're in a privileged country, and the fact that they're privileged in general. That, and they don't get technology at all. I could almost guarantee that with Bitcoin, they think we're just buying and selling digital trading cards and such; minus all the advantages of bitcoin like decentralization, etc.
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Defective? Simply contact customer support and ask for a replacement. Compromised? Compromised in what way? Hardware wallets requires a PIN code to access the wallet so you should be fine as long as you didn't pick something stupid like 000000, 111111, 123456, etc.
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I am afraid Op's friend (perhaps for accident) did not actually just buy bitcoin with their spot balance or in the spot market but rather placed a leveraged order in the futures market using the money they intended to use to buy in the spot market as collateral to the futures order.
It is something that in any way, shape or form a newbie should be doing on an exchange, for obvious reasons.
Seems to likely be the case, unfortunately. This is why exchanges should always display a sort of "normie mode" by default, like how Coinbase has the very simple buy/sell button; whereas the more experienced users can opt in for the "pro" mode. |
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Yea, advocate for Bitcoin which somewhat promotes financial freedom, and then advocate for regulations? Lmao. And don't get me started again with the "wHaLeS mAniPuLaTiNg" thing.
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While margin mostly refers to collateral in the context of trading, do you mind showing us a screenshot? Or at the very least tell us what specific exchange was used.
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