*snip*
Lmao it's a shitshow. Can't believe such false news caused a domino effect among other "news" sites as they blindly followed the original article poster. On the bright side — at least we now have an idea on how much we can pump once a real ETF approval takes place. |
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I'm very bullish on bitcoin in the long term, but Ark Invest did horribly with their tech portfolio that I don't know if their thesis should be taken seriously. They pretty much became a laughing stock after butchering a lot of their stock picks.
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Not sure what opinion you're looking for?
About the $500 number, increasing/decreasing that amount will totally depend on what your net worths are and/or how much you guys are earning monthly. On the top of my head, especially knowing that every single one of you are beginners, probably only trade with half a week's worth of wages.
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In my opinion, investing money that isn't mine into something too speculative is a huge no-no. Why not just use your own money instead? That way, you don't receive any crap if ever the investment goes bad. They already aren't convinced in the first place, so why force them?
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The easiest is to just use your browser's bookmark feature; and maybe just sync bookmarks(mobile+desktop) by using your browser's login+sync feature(Chrome and Firefox has this, not sure about Brave).
Unfortunately we can't expect Twitter-like features for a forum software that's more than a decade old.
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Whatever he described is pretty much what happened in the past, but I think it will be similar — probably with just a quite-delayed step #3; simply because bitcoin holders are betting too much on the #3 part that I think it will be decently delayed.
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Predicting the future with triangles and rectangles on a chart? That's like trying to forecast the weather by watching cloud shapes—it's laughable. These so-called technical analysts act like they've cracked the code to fortune-telling, but in reality, they're just doodling. And don't even get me started on institutions; they feast on retail traders' stop losses like vultures on a carcass. You take a position, set a stop loss, thinking you're safe because of your fancy support lines. But no, institutions see it as an all-you-can-eat buffet, spiking prices just to clean you out, and then conveniently start taking profits. It's a game where the house always wins, and your precious triangles and rectangles won't save you from getting played like a fiddle.
Not all these technical analysis people are trying to predict the future; they're just trying to look at the odds of which is a few percentage points likely to happen more. While most TA people are trash(and sometimes unethical), not all of them are. |
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The lack of enthusiasm is depressing... Remember the good old days of "When Lambo?' when goat actually bought a Lambo with BTC?  What do all plan on doing with these coins, keep it till they reach one quadrillion and by that time they're too old deaf, or visually impaired to even drive a car have the seed inscribed on the top of the coffin so you might exchange them to afterlife coins on some cosmic dex? It's a "A Peer-to-Peer Electronic Cash System" it is supposed to buy things, and Ferrari is selling things, it's like a perfect match! I'm starting to believe the biggest obstacle right now to mass adoption for it like a true p2p system is the holders themselves! It's really not necessarily the lack of enthusiasm. The news is definitely good! It's just that some people like to overblow stuff like this as if bitcoin has just suddenly became great as if it wasn't already great to start with. |
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For such a big company, I'm certain there's a significant impact on the market. It seems like we are now witnessing more significant news related to Bitcoin, and it appears to be gearing up for a new bull run. For us to have an idea on its potential impact on the market, as per... ; Market capitalization of Ferrari (RACE) it's marketcap as of October 2023 is $56.40 Billion. Just imagine the positive impact it will have on adoption. Ehh, it's definitely good news but it'll be a 'meh' event in the grand scheme of things — for both bitcoin and Ferrari. Highly highly likely that the number of customers that will use BTC and not credit/debit will be less than 1% of customers. |
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Is it because of my broken English that I was tagged, I guess, so I want to ensure it doesn't happen again. If there's a way to make improvements, such as correcting spelling and making minor adjustments, a tool would be helpful. My main point here is that the thoughts would still remain, just as I originally created them. I'm seeking some assistance in eliminating these errors or improving the text.
I haven't checked your post history, but I totally doubt it was your broken English. As for using AI to correct your English errors, it should be fine (depending on the extent, because even the AI can misunderstand what you're trying to say and might output something different); but you might be flagged by those AI detector software. |
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Bitcoin is doing great in it's category — it definitely doesn't have to do everything. You want blockchain-ized RWA? Do it on other chains. Bitcoin's job is to just be simple(send and receive BTC) and just be secure and decentralized as hell, without any unnecessary bloat that could bring in problems.
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On the top of my head: go use AI when trying to learn how to write properly/legibly, but don't use AI to create your replies. Because are you actually learning if the AI writes for you even if you provide the ideas?
Your english doesn't even need to be perfect; if we can understand what you're trying to say despite it being in broken english, then it's fine.
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You don't need to show them right now, but at least have some written instructions for them on how to gain access and retrieve/sell the funds to find if something happens; preferably stored in a decent quality fire-proof safe.
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Other than obvious purposes like ranking up, look at merits being like Facebook/Instagram/Twitter likes. The more likes(or merits in this case) you get, the more sort of 'authoritative' you are in the eyes of most. People will likely respect your opinions a lot more.
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1. Unless the name means something in some other language, it's a bit bad imo
2. "Monitok ensures that your crypto assets are always secure with a built-in decentralized wallet that nobody but you can access." Is it really decentralized? I doubt it. You probably meant non-custodial?
3. DEXs can have price aggregation and friendly UX. Don't unnecessarily skew the CEX/DEX/HEX comparison just for you to be in favor.
4. How are you better than Uniswap wallet or Rainbow wallet?
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because if SBF was successful at doing this it means others might want to try it for their selfish benefits in the future and again that's my problem with centralized services, they want to manipulate everything so they can make the most profits from the market.
FWIW, not all centralized exchanges tries to manipulate markets, because they don't need to. All they want are those exchange fees that users pay when conducting trades. The thing with FTX is that they have a trading arm — Alameda Research. I take it as a bullshit because the only way to control Bitcoin price is you need to own all Bitcoins, while FTX isn't own all Bitcoins.
It's an attempt to control price, not the protocol. Actually I don't understand why centralized exchange need to make the Bitcoin price below $20K, what's the point? they're making money from people who keep use their exchanges, so regardless what the Bitcoin price, they're still make profit.
It's just FTX, not all centralized exchanges. It's likely that they have a short position. |
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We still need him if he really wants to return to the bitcoin community and continue to grow it. He is the one who created bitcoin, we should respect him, and never say we don't need him. Without him, there would be no bitcoin and we wouldn't be here today. But if he decides he doesn't want to come back or show up anymore, we can continue to exist and thrive without his help. Because he created bitcoin for everyone, not for any individual.
You can "respect" Satoshi, but at the same time still think that Bitcoin doesn't need him. If anything, Satoshi contributing under the same pseudonym would be detrimental to Bitcoin. If he wanted to continue to contribute, I'm pretty sure he'll do it under a different pseudonym. |
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Whatever the effect will be, it's pretty much inevitable anyway. If the institutions wants a bitcoin ETF, who's going to stop them from having a bitcoin ETF? Satoshi? Lol. Our only hope that an ETF would bring positive things besides an increase in price — being, the fact that people will hopefully realize that self-custody is almost necessary.
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Keep your expectations in check, because past performance is not indicative of future results. If you're just betting on a bull market after the halving, what will you do if you ended up being wrong? Your investment/trade thesis immediately crumbles.
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