@JayJuanGee the following BBC tables are dedicated to you #nohomo. Iniziamo anche con gli Easter eggs?  |
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eh si! mi è capitato di leggere ogni tanto qualche heaters di CEX, odio sinceramente senza un filo logico! almeno chè non abbiano preso l'inchiappettata da qualche CEX sperduto dentro un garage in polinesia, potrei capirli ma fare di tutta l'erba un fascio ce ne vuole. come hai ben detto loro puntano ovviamente al profitto, e purtroppo o menomale senza cex secondo me si rallenterebbe e di molto l'adozione di massa! mi viene da pensare, chi di noi si alza la mattina e pensare che portare a casa la pagnotta non sia importante? ecco lo stesso vale per loro! che poi dietro le quinte ci sono loschi giri quello è un problema noto e ben poco noi possiamo fare
È il classico caso del marito che si taglia l'uccello per fare un dispiacere alla moglie. E a scanso di equivoci so perfettamente che bitcoin non ha bisogno degli exchange ma quello che manca, ad oggi, è l'adozione di massa, e qual è la forma più semplice e veloce per favorire l'adozione di massa? Gli exchange centralizzati. In futuro avranno un ruolo molto più marginale, CZ stesso l'ha detto in passato, ma al momento, piaccia o no, fanno comodo a tutti. |
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There are some excellent points in your list but I don't like the last two: 9. Find a Mentor or Consultant
- Consider consulting a financial advisor or investment professional with expertise in cryptocurrencies. They can provide personalized guidance based on your personal circumstances and goals. Of course for this, you need to consider spending more money for consultations.
10. Pray
- If you are a person who has faith or belief, prayer is the most important part of doing any business, therefore you need to do worship like praying. Number 9, you must be extremely careful doing something like that because out there is full of crypto gurus who say they can predict the market, they know what shitcoins to buy, and other other useless stuff that at the end of the day is just going to cost you money. If you don't know what to do, just hold and be patient, it's the safest tactic. Number 10, I mean, for real? I don't want to start any discussion about religion but I'm pretty sure there are a ton of people in the world that need more attention and help than your business or your bitcoin investment. |
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With obsession when it's gambling we give a strong NO with our reasons attached cause obsession is just another form of addiction. So lets talk about obsession (addiction) to bitcoin. I felt in a way it might help bitcoin enthusiasts like myself and others to knows and understand in clear terms if bitcoin obsession is bad(wrong) or not. For me it mainly depends on the subject: I think that being obsessed with bitcoin is wrong because it's not something you have any kind of control over, I mean, of course you decide whether buying, selling or holding but if, for example, you keep checking the price every 5 minutes, that for me it is a problem. But if you are building your own business or whatever other project you are doing, so something that you control, you decide, then obsession is not necessarily bad, it just means you want to do things the best possible way. |
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Considering the upcoming event of bitcoin halving next year, could we judge that this journey is about to begin with the market going dip or the current situation is to incidence the begining of the rise of bitcoin for a bullrun.
The latter. The most normal scenario is that between now and halving we will have an upside, without beating the $69K ATH of this cycle, and post-halving we will have a proper bull run, beating that ATH and I believe passing $100K clearly after several attempts. From there I dare say no more. This is based on what previous Bitcoin cycles have been like, which need not repeat exactly, and this cycle is a sample of that, but they are a guide for us I totally agree with what you are saying. Maybe in the next few weeks/months we could go down a little more but I doubt we'll go below $25k, this phase is a very long and important accumulation and it's also the perfect moment to buy something more because after 2024 I'm not so sure we'll ever see again bitcoin in the $20k-30k range. And besides the halving let's not forget about the ETFs, probably several of them will be approved next year. |
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Would the US authorities put him in prison? Or would he win the Nobel Prize in Economics? Or both options? Why should the US put Satoshi in prison? He never did anything illegal, he just created something, that's it. If what Satoshi created was somehow illegal probably many countries would have already banned it several years ago but nothing happened except in some countries with particular governments like China or some middle eastern countries. I just don't understand why people keep thinking that bitcoin is somehow illegal or wrong. |
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It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
Running your own business sounds like a great deal, being your own boss and keep all the money you earn for yourself is the goal of many people. But we should not think that a business owner is always going to succeed and become rich. A lot of businesses fail and the working hours of business owners is usually much higher. I don't think there is anything wrong in being an employee and use your monthly income to build an investment portfolio on the side. For such people like me taking out all the profits out of Bitcoin might not be the best idea, because I don't really have so many alternatives to invest in. At the end it all depends on your priorities and having a good work-life balance. If as employee you can make, let's say, 7, working your 8 hours per day, 5 days per weeks, would you want to change it for you boss' salary, let's say 10, but then you need to work 10+ hours per day, 6 days a week? I'm not sure I would accept, because it's better keeping your employee job, money is important but if you are the boss that also means more responsibility which is equal to more dedication, more time, and more stress. |
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This is definitely good news. But the government always tries to stay one step ahead of its citizens. Governments do not have accurate data on crypto users due to the inability to invest in the crypto market using banks, resulting in no restrictions being imposed on those crypto investors. Now when crypto users invest in crypto markets using bank accounts, the government will have that investor's information and see how they can be taxed. On the other hand, investing in crypto through banks means increasing the number of investors in the crypto market. Which is definitely good for the crypto market.
I hope that the bank will treat crypto users well and not bother crypto users by keeping the various rules and regulations in place.
When the government decided to accept bitcoin in the banks, first and foremost, investors should be aware that the whole bitcoin investment scenario will be a lot different. Anonymity will never be given emphasis anymore, and that banks personnel will now impose KYC strictly leading them to have an access on our bitcoin account. That may be quite unfair for us but what else can we do, that’s part of global crypto adoption. So instead of regretting, maybe let’s just be grateful and accept the reality that banks will never be obsolete and that they will still be part of crypto adoption. However, this is also a good thing because the number of crypto users and investors will surely create a speed increase. I really don't see a big difference: nowadays, if you want to buy cryptocurrencies using some exchange, you are already required to submit all your documentation, the countries don't let exchanges operate without knowing who is buying cryptos using fiat. I think that maybe few exchanges don't require KYC just if you do trades crypto-crypto, so no fiat involved. Anyway I would never purchase cryptos using a bank, there is no point in doing that and for sure they would apply crazy commissions. |
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Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.
It's highly unlikely that some young people didn't hear about bitcoin at this point, it's not 2013 anymore, even old people have heard about bitcoin. The bigger problem, in my opinion, is that new generations are used to have things immediately, check them out a little, and then forget about them and keep going with the new trend. Probably they already watched someone talking about bitcoin on TikTok but their span of attention is so low that probably they didn't even understand what this is about. |
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Before now, I've seen some forum members argue that bitcoin is not meant for everyone.
However in their own right, they have some point, but on the other hand, let's look at it from this angle.
For some of us that are from developing countries, is not easy to convince someone about bitcoin or educating somebody about it at first instance and you expect them to accept it wholeheartedly.
They need lots of education and convincing because they do not have an idea of what your saying or what bitcoin looks likes especially for those of them above middle age, because the semantics of bitcoin is a bit different and the approach towards accepting new idea's that is different from the conventional ways they know of, always comes with some level of resistance.
To a large extent you can even argue that some of our leaders in government don't have an idea of what this innovation is all about hence the few restrictions here and there.
So for me, no amount of educating people about bitcoin is enough, if an individual has the energy to go round his community to talk to people about bitcoin, I think is a welcome development, as long as his giving them the right knowledge on bitcoin education.
In telling people about bitcoin, even if they don't seem to accept it at first, you will see a good number coming to pick interest much later. Just because a person didn't accept your idea presented to him immediately doesn't perfectly mean he has totally rejected for at some point in life he might find reasons to give the idea a try even without you knowing about it. Let's keep the ball rolling bitcoin is here to stay.
I see that you use the verb "convincing" a lot, and I don't like that kind of approach because it looks like we are talking about a Ponzi scheme or some other scam where you need to bring in as many people as possible in order to make some gains. It's 2023, everybody has a smartphone and everybody can look online for everything, if you explain to someone how bitcoin works then it's up to them deciding what to do, it's their life, their money, their brain. You don't need to convince anybody. |
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Laszlo Hanycez made history by being the first person to buy a product at the lowest price in exchange for Bitcoin. He made history on May 22, 2010 by selling 10,000 Bitcoins for just $40-$45. You were writing it correctly but then you made a mistake: Laszlo didn't SELL his 10,000 bitcoins, he bought a product, so it's totally different. When you go to the restaurant and you pay, you are not selling to the restaurant your dollars or euros, you are paying for what you bought. That is what Laszlo did, and no one else before him did such thing. Our forum admin sir has sold his 160 bitcoins at a rate of only $0.003 on exchange for $0.48. With all due respect, this is something that personally I don't understand: why would you even waste the time needed to sell something in exchange of 50 cents? If you spent money to buy some bitcoins than for sure it was money you didn't need, so having those 50 cents is not going to change your life... Well, actually it may have changed his life but not in a positive way. |
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So, four days ago this very uncle of mine called me saying that he's now interested in investing some money into bitcoin. And I was like what happened! I thought you rejected the idea when I introduced it to you months ago.
Guess what he said, "well I did thought about it recently, and did a few research and decided I should give it a trial like you advised I should".
Now this how the whole gist originally emanated. I had this long section talk with him about bitcoin more than 8months back of which he rejected the idea of investing with whatever amount he could use as a clinical trial of the digital currency for like 6months or 1year to see for himself the benefits of bitcoin but he refused and afterwards I never brought up the discussion again to him. But to my greatest surprise he called me on phone to come to his house, on getting there he shared to me about his interest to invest in bitcoin with the sum of #4.8million of our local currency, an amount that is worth around $6k based on current exchange rate.
Although it's not the story that intrigue me to share this info to the community but it's mainly the lessons I learnt from it that did, which I'll believe a lot of bitcoiners needs to know even as they talk to people about bitcoin. Which are:-
1. Give people time; they will show interest when the time is right for them. Their timing may not be same with yours, if you've done your own job of talking to them about it, then that's fine.
2. The amount of energy and time you expend preaching to someone about bitcoin is not a warranty that he will accept what you're offering. Maybe not immediately!
3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they get online can strengthen their conviction about what they've have been told.
What do you think about this?
I agree with you when you say that some people need time, we are all different and everybody needs a different amount of time to take some decisions. I'm actually surprised that your uncle at the end decided to invest because 8 months is a lot of time, many people at that point wouldn't even remember conversations they had so many months ago. Anyway, again, kudos to him for doing his research instead of just shutting you down with caring at all. |
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Alla fine non è altro che una CCDC però privata, un micidiale mix di schifezze, nient'altro.
Beh, come detto sopra, non è che ci si potesse aspettare nulla di diverso. Assolutamente, non esisteva possibilità che fosse diversa da come l'hanno fatta però volevo solamente rimarcare la sua inutilità in un certo senso, sia mai ci sia un utente nuovo che legge il thread e pensi che sia "un buon progetto" Comunque ben vengano tante monete CBDC: saranno tutte in concorrenza tra loro, ed alla fine prevarrà la migliore. Però cosa cambierebbe tra una moneta emessa da PayPal, una da Amazon e una da Apple ad esempio? Il discorso può valere per le stable coin classiche perché in quel caso bisogna effettivamente fidarsi di più di chi la emette ma nel caso di queste monete immagino che ci saranno controlli veramente approfonditi prima di rilasciargli il permesso di immetterle sul mercato, no? Non penso che PayPal correrebbe il rischio di fallire per emettere una moneta quando già guadagnano miliardi normalmente. Lo stesso dicasi per qualsiasi altra grande compagnie che dovesse fare lo stesso percorso. |
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. Bitcoin is anonymous
Nobody wants anyone looking into their finances. Your finances are your business. Bitcoin is anonymous, meaning although Coinbase might know who you are, they don’t know why you made the transaction.
That is not necessarily true: every single bitcoin transaction is readable on the blockchain so even if you don't know who is making that transaction you can follow the bitcoins path anyway. And it's possible to track down bitcoins even after they have been mixed using some mixing service. If you want to be 100% anonymous then bitcoin is not the best choice. At the end almost everything that goes through internet leaves a trace. |
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You have not read some articles of bitcoin, even a good cryptocurrency investor will tell you that bitcoin investment should be your side hustle, without being in signature campaign which investment do you have in bitcoin, investigate properly before making a conclusion, we need to make our investment to not be directed in one circle, at least recircle or extend our investment to another investment, why everyone is investing in bitcoin is because it's a decentralized currency and upon that I did not condemn bitcoin investment, I only said it will be good to invest in other side of investment and make bitcoin our side hustle
You are not saying anything new: one of the first advices in the investment world is diversification, never put all your eggs in one basket. It would be wrong with bitcoin (or any other cryptocurrency) just like it would be wrong with stock market or real estate because if for any reason one of those sectors would go down that means you would be losing a ton of money. But if 5-10 years ago it would have been wise to invest just a very small size of your portfolio in bitcoin, nowadays I think there is nothing wrong investing even 20-30%. |
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Michael Saylor stated that people buy Bitcoin at the price they deserve. Just a few days ago, Adam Back made a bet on Twitter that Bitcoin would reach $100,000 by March 31st, 2024. Here's a concern I have, do you think the predicted increases in Bitcoin's price to $100,000, $200,000, $500,000, etc. will limit its global adoption? Since the price will be so high, the average person might not be able to afford a substantial amount of it. As a result, they might seek alternatives, potentially hindering global adoption. Could the excessively high price lead people to feel like they missed out, causing them to hold onto seemingly worthless fiat currency?
I really don't see the problem because you can buy small fractions of bitcoin, so literally everybody can own whatever the can afford to purchase. If the price keeps going up it means there is a lot of demand, that how markets work. At the end of the day not everybody needs to own a full bitcoin just like not everybody needs to be a millionaire. Right now bitcoin price is still a bargain, for sure many people in the world can afford to buy one but they simply choose not to because probably they don't fully understand it. |
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Lol! Not sure why people are so bullish about an ETF but it doesn't bring any real value on the table. It's just a method of investment that mimics the price of an asset without buying or selling that asset. So I don't see any positive impact or liquidity inflow in the crypto market due to ETF approval.
Probably we're talking about different ETF because the last time I read some news it was about bitcoin spot ETFs, so that means that the funds actually have to buy bitcoin, we're not talking about some futures or stuff like that. And those funds manage ridiculous amount of money so even if 1% of what they manage gets poured into bitcoin we're still talking about a huge amount of money. Bitcoin's market cap is still very low at the end of the day. |
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Bitcoin value is tied to it's decentralized nature and the principle it was founded. if Bitcoin were to become centralized, it would likely have a significant impact on its value. the decentralized nature of Bitcoin is a key factor in it's value. Bitcoin decentralization have contributed to it scarcity and security. all of this which are factors that influence it's value.
if Bitcoin were to become centralized, it could raise concerns about the control, and the investors might loss confidence in it's ability to remain a reliable store of value and a medium of exchange. centralization could also make it suspicious to government regulation and restrictions, which could further impact on it's value.
in conclusion, Bitcoin value is derived from its decentralized nature, which is closely with it's ideal, and any move towards centralization could fundamentally alter it's core and diminish it's value proposition.
Bitcoin became what it is today especially thanks to its total decentralization. Why no other coin will ever be like bitcoin? Because we know who created it, we know that the creator owns a lot of its own coin, and sometimes they even have the power to change whatever they want. At that point we simply have a fiat currency under the form of a digital currency, nothing more than that, and that is something completely unnecessary and useless. |
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infatto non ho capito @ale88 a chi si riferiva
Ci sono un sacco di utenti (non solo in questa sezione) e bitcoiner vari che sono felici quando un exchange fallisce, non mi dire che non hai mai notato questa cosa...? Purtroppo come in tutte le cose anche il mondo crypto è composto da vari talebani che vedono il mondo solamente bianco o nero, non sono in grado di cogliere nessuna sfumatura di grigio e hanno una mentalità talmente chiusa che non arrivano a capire che con certe azioni pure loro ci perdono. Io l'ho detto e ribadito un sacco di volte in questi anni, i CEX non sono il male assoluto, ovviamente fanno i loro interessi perché alla fine sono aziende e puntano il profitto, ma per qualcuno che si avvicina al mondo di BTC sono estremamente importanti. Io oramai non compro da una vita ma i miei acquisti sono sempre stati fatti sui CEX per una questione di semplicità, comodità e sicurezza, mai e poi mai avrei fatto acquisti per strada con qualche sconosciuto. A ognuno il suo comunque, questo è solo il mio pensiero. |
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I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
It's interesting to see how things quickly change, isn't it? My guess is that probably the governments realized since the beginning how powerful bitcoin was, and they also understood that it would be extremely hard for them to limit/control it, so they tried everything in order to make it look bad but, fortunately for us, the bitcoin community was stronger than the FUD, and at that point BTC was something already too big to be contained by the governments. |
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