I think the governments are very well aware of the benefits and that is why that they have been increasing the taxes on things like bitcoins and other cryptocurrencies, at the end of the day they are more worried about stabilizing the economy right now therefore I have seen many countries legalizing the gambling as well which is related to cryptocurrencies. This is a very serious matter since government cannot simply ban bitcoins, it's not centralized they can for sure make laws but they cannot confiscate the cold wallets and people can still store their coins overseas therefore I do think that in a while most of them will let go for sure. Other than that we are already seeing improvements.
Also, governments have no clear laws and regulations yet towards crypto, so most are just letting their crypto users deal with their crypto activities. This is why crypto users are just taking advantage of that loose approach. Whereas, some countries are totally banning the use of crypto. But on some countries with a lot of poor citizens, crypto market has been their savior during this pandemic crisis. So for me, the government should not be so strict with their laws because they are already helping their citizens and they are not relying to the government's help or subsidy. At least, they are helping themselves to survive in this crisis. |
|
|
|
We should be happy, good days are coming back. Soon we will have 60k also.
Not all people take profits although the price is increasing from $34k to $45k. Some people didn't buy in the dip because they already spent all their money when the Bitcoin price was above $50k previously. So, they only keep holding their Bitcoin and altcoins. Except Bitcoin price can increase again above $60k, I assume most people can take profits. However, I don't think Bitcoin price easily jumps to $60k, it is still about $44k. One thing I am surprised is that there is no reason pushing the prices back up.
Can you explain more? There should be always many reasons for Bitcoin to increase or decrease. Good or bad news about crypto or Bitcoin can appear at any time. We cannot claim that will be no longer news to influence Bitcoin price in the future. It is impossible for sure. The mystery about btc market is that we can't really pinpoint the reasons why the market is dumping or pumping. It is always the combination of so many factors. So you need to keep up with the news in the market. There will always reason why the price is dumping or pumping. Maybe, we are not very aware of the news surrounding us. |
|
|
|
If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
No doubt that fee in tron is truly cheap. But projects are free to choose for their own networks and it's that there are projects that still rely on decentralized network of Ethereum. The co founder of tron even said that it's centralized and that's the reason that holds them back. Sun has already resigned or retired as the ceo of it. But the damage has already been done regardless Justin Sun has retired or left the Tron, TRX was once pitched to be the successor of ETH and would become #1 Altcoin but things never picked up for TRON due to the controversy involving Justin Sane and I don't thing it can be revived without a radical changes which would be required for it to grow further and what the point of having supply when the value has not given. The new Tron leader should do some revamp of their platform. A lot like about Tron network because of its cheaper fees. And they are quite fast. I don't know also what are the future plans for this network, they have a good start but they need to get the interest again of crypto users. Now, there are new networks like BSC, SOL, ADA, MATIC and they have active development progress. Tron may be left behind if they will not do anything of importance this year. |
|
|
|
Hey, I am wondering is it truly possible that my BTC works for me , without revealing my private keys and also without KYC ?
I have read and heard about similar things but they seem more like a Ponzi scheme.
Does anybody have any experience with a non-custodia platform/wallet /swap which does not require KYC but supports BTC ?
A privacy concerned BTC fan.
I'm sorry I am a little bit confused about your post but if you are talking about staking your Bitcoin then I don't really think that it's a good idea those kind of investment are just scam. And if you're looking for wallet there are so many wallets that you could use without KYC requirement. And if it is earning through your BTC I think the best way is to keep it in your wallet make sure that it is secured because as time goes by the price of Bitcoin keeps on getting high. The only passive income that I know when it comes to Bitcoin is through mining and it would be better if you would set it up for yourself. They are suggesting staking because it is really included on the sense that you could gain passive income but speaking with risks then i dont see for it to be worth even if you do engage with reputable third parties. Usually people would really consider out on being touched with loans and other similar passive type of business but on general aspect then it do still really connects out with some risk. Neither passive type or active type way of investment which wont really be exempted in terms to this manner. To be honest, I only trust binance with respect to passive income feature like earning interest from BTC, but they have compulsory KYC in place. If you are not confident about the platform, better store your coins in your own wallet where you have your own keys. At least, you know your coins are safe and you can easily get it once you need it. But once you put yourself into lending investments, you should know that you are taking high risk here. |
|
|
|
He doesn't have any wallet or exchange account, so I opened an exchange account for him and set up all the settings. I teach him some basic things in the crypto industry (those will help him to secure the account). I also suggest him to put his Bitcoins in staking, which will give him some APY return in long-term investment. The staking method will help him to grow his Bitcoin. I also suggest him follow the SIP strategy, if he finds any interest in the crypto industry then SIP could be a better option for long-term investment.
Sorry, but I have to break it for you, and say that you didn't actually give any bitcoin to your brother, you gave $100 Bitcoin to centralized exchange who now owns this Bitcoin. To make things even worse you said your brother to ''stake'' bitcoin, and something like this does not exist in Bitcoin, maybe some small interest can be earned, but it's similar like having money in bank... you own nothing, and they can close his account at any time. Better explain importance of Bitcoin to you brother, and tell him to withdraw coins to his own wallet (Electrum or Wasabi wallets are free) and teach him importance of private keys, and how to backup his seed phrase. Maybe, what he meant by staking here is like the flexible savings or fixed savings in binance. He maybe wrong how he introduced bitcoin to his brother, but it is not yet late to change that. Hopefully, the OP will read the suggestions of the users here. He can start with electrum wallet because it doesn't need much space but make sure he is downloading from the official site. If he wants to earn interest from that bitcoin, better put it in a trustworthy site. |
|
|
|
Hello, They're the same. It's the same as earning by liquidity and earning by lending money. Best Regards I visited your website and saw you list four points as your feature: lend, borrow, earn, and swap. Is there a difference between earning from the lending activity and earning from the earn activity?
A solid team is always favored in this market because it means, the responsibilities are being distributed. A solo project is usually frowned upon because the lifespan is always questionable here. Since your features are not new and you have a very busy market to compete with, I believe, we need to see this project grow from one-man team to multiple team members. Until then, many will just observe how you will grow in this market. Earning credibility is not overnight success, it will be years in the making. So good luck! |
|
|
|
I think this is always happening. Let's see right now, the price of Bitcoin start rising up. I am sure enough that many people are waiting to buy Bitcoin again because knowing that the price is rising up. Why they didn't buy when the price was under $35k some days ago? Because it is about afraid situation triggered that made them not sure whether the price will rise or be bearish. Moreover there are many FUD that say about the bearish market is already coming. And this will be happening again, people are more willing to buy Bitcoin when the price is at high  Just to read the predictions that it will go down below 30k, any new user will be in hesitant mode to buy bitcoin at that point. So for me, such reaction is just normal. We are just humans subject to this kind of emotion. We are losing confidence when the market is in red position. Only few people have their strong support even if the market is going down, those are people who already saw the up and down motion of the market countless times and of course, they are strong believer of bitcoin. Their decision usually pays off as we see that bitcoin bounces again and again after the dump. |
|
|
|
If after the target sale ended without a buyer, he can always adjust the price here. Because think also as a buyer, what would be the reason why I will buy that NFT item? In my opinion, it is quite expensive but the OP has his reasons. @OP, maybe you want to post this thread under Collectibles section and find a buyer. Also, are you going to update this thread if there is an offer or a buyer? |
|
|
|
These trading tips and advice sound very good, and they're probably the right direction for new traders. I find these tips very encouraging because I can see some of the mistakes I've made and some of the things I've overlooked while trying to make a profit, and I've also learned the value of taking risks. Such advise is excellent and I recommend it to all beginners in cryptocurrency trading in order to minimize loss.
The last item - 10 - stated that about 3-4 yrs time is the logical time to expect profit. This is where a lot of traders, new traders in particular, are thinking it wrong. Because most of them want their profits at the very start of their journey. They thought getting on board in crypto market is an easy peasy work. And then, they realized that there's more than meets the eyes in this market. One needs familiarity with the market especially the coins he decided to get involved with. It is also a matter of time before one can grasp what's going on in this market. |
|
|
|
From what I understand, any btc bought by any celebrity while still single will not be considered as part of the marriage fund! Well, if that is the case I guess it does make sense when the singles among them opt for btc to secure their financial status when they eventually tie the nut and end up divorcing.
The best solution to this will be to sign a prenuptial contract before the wedding for both spouses to understand what will happen when there is a divorce in the future, this simple agreement takes care of everything in this regard and both parties go their separate ways peacefully.
Prenup agreement is indeed a big savior once both parties are about to separate their ways. It will also save them lawyer fees if in case they have a lot to discuss with and the other party is not in agreement with the other. If you think that would make both your lives easy, one can always do it even if you're not a celebrity. Also, if you are still single and you already own crypto, you have the option to keep your btc or crypto stash without the knowledge of your spouse, that is, if you want to keep secrets that stash. Also, check the laws in your country, because possessions of assets may be different from one country to another. |
|
|
|
Bitcoin is far from being regulated as the digital currency is built on a decentralized network, but if you talk about it services such as exchange and other Bitcoin service providers yes there can be regulated as we already have some centralized exchanges e.g Binance.
One good example also are local crypto-exchanges. Because they are under the jurisdiction of their Central Bank. So in a way, they are abiding the laws and regulations of their Central Bank when it comes to crypto business. But bitcoin itself, won't be regulated because of its decentralized nature. Only the businesses employing bitcoin or other crypto services. If the government can get taxes out of these businesses, why not? Rather than treating them as illegal market because they won't get anything, only their underground market will benefit from it. |
|
|
|
I am a user of binance so this information is very helpful. Though every time you go to their site, there's always notification as seen below that make sure you are visiting the official binance site. Scammers will always find a way how to screw users. As a user, you should always be cautious of what site you are visiting and entering your credentials.  |
|
|
|
Saylor is a genius. He's right. If you haven't watched "The Saylor Series" yet, you should now.
He is smart but if we believe in what he's saying he can wait years for this investment to bring profit, but can he really? He's just a human with all our vulnerabilities. Say he becomes sick, or his child, and money at hand won't be able to cover it, say there's a way and he has to do some cuts, or maybe he finds an even better investment, goes into debt, there's a lot of options. I tend not to put people on pedestals too fast. We had so many bitcoin lovers like McAfee or Musk, or more recently Trace Mayer, who turned to pumping shitcoins. I'd hate to see Saylor do the same. Bottomline, we are always entitled to change our decisions when the situation calls for. We can say one thing, but it is always open for alteration if other things need to be done. We are just humans, subject to ever changing evolvement. Saylor, is no exception, don't treat what he is saying as his absolute action. Because the future is unseen, so as a human, we react on what is presented to us. |
|
|
|
What ever we like we can write about doge coin but what I know is that that project is being supported and pumped by the richest man on Earth. I hope we all knows what it takes for a project to be supported by the world richest man. I see Doge coin doing well in the market which I know is because of the hype. This is what pushes the market and we shouldn't be ignorant of it.
When the OP created this thread in 2017, the price was $0.00022 and he was saying that doge was long dead. Curious what he's thinking today now that the price of doge is $0.148, even if we say it is far from its ATH of $0.73? No one really expected that this old meme coin will be pumped hard last year by no other than Elon Musk. However, as we are still waiting for the developments here, the price is going down. If the tweets will stop, that's fine. It may just go back to where it was. But a lot of people are using it even before this hype because it is one of the alts that has very cheap tx fee. |
|
|
|
Cake is the native coin of pancake swap exchange. Its a decentralized exchanges that is built on binance smart chain. This is the first decentralized exchanges that built on bsc chain. And that's the reason its coin is pumping and its price pumped upto 44$. And now its price is moving near 10$. Its price is decreasing day by day. Because now, there are lot of decentralized exchanges available in market that supports multiple networks. Pancake swap supports only one network. And because of lot of coins listed its swapping takes more time than previous. So, its team to update its issues. And maintain the user experience.
They are now competing with other rising networks like SOL or MATIC. As pancake is only offering BSC tokens, they need to add their market offering. Even if they are exclusively serving BSC tokens, they may want to add services accommodating tokens under different networks. They can always make their platform competitive if they will adopt with market innovation. If they will stay to where they are now, they may follow the fate of Etherdelta. |
|
|
|
When the market is down then buying coins at a cheap price is a strategy that I do too and hold on to it until the price goes up again. To be honest I can't even predict exactly when the market will go up again as said but that's everyone's hope here. Buying coins at a low price means that as traders we have to be patient to wait for the crypto market to recover because sometimes many can't wait for it and panic when the crypto market goes down, selling them and making the crypto market even more chaotic. Don't be like that because apart from harming yourself, it can also have a big impact on the crypto market and it will take longer to recover.
No one can predict the market. But if you are a believer of bitcoin market, you know when it goes down, it will go up again. It it is not in forever in the downward movement. So once it is in the bearish position, if you have extra funds, the smart move is to buy more. That is, if your instincts is saying you need to buy. Otherwise, don't. Because your head will get crazy if things are not according to your expectations. As we surpassed the 40k level, more and more people are now gaining their confidence again towards btc. |
|
|
|
So technically does that mean that silverware bank will be in total control of the project now? ..
Considering the fact that Meta (Facebook) was the owner of only the third part of Diem, then, accordingly, only this part belonging to Meta was sold to the bank. By the way, the value of the transaction, according to Bloomberg, amounted to $200 million. Is this also the reason why its stock price continues to drop? Zuckerberg already lose billions of Money, this might be another loss if ever or Zuckerberg is working on something else. I still hold for Meta to have their own crypto since they even change their name as they continue to believe on Metaverse. Possible and having that 26% in a day is just way too deep. https://www.cnbc.com/2022/02/03/facebook-shares-plummet-22percent-after-reporting-weak-guidance.htmlhttps://www.investors.com/news/technology/fb-stock-drops-meta-earnings-miss-estimates/Im not really that in concern about his actions whether he sold Diem or not, its his rights and decisions after all and its none of our business on what actions he would make but for sure it would be having that significant impact. So is FB finally out of the crypto scene? Or just another strategy to get more money and create a new crypto project? I don't think Zuck is stopping his opportunity towards crypto market. I believe he has eye on other crypto-related projects. Because it is hard to believe that he will not join this crypto space considering that he is in the digital market. He may give up the Diem project but I don't think he is stopping from that action. |
|
|
|
Hoping that this is not a bull trap anymore, rising from below and reaching $40k price tells something else and for me, this is a good sign.
I just hope that bear market is finish already, and now we are going to recovery phase which normally the price will start to pump little by little. Let’s see if Bitcoin can break more resistance to confirm the trend reversal.
We can't tell if bearish market is over or not. Let us be grateful that we hit the 40k mark again. There are various factors that contribute to this rise and one good news that I've seen recently is the re-introduction of bill by US lawmakers about the tax relief for small crypto transactions (about $200). You can check this article . I think, it gives positive vibes to their crypto users especially those small timers. |
|
|
|
chart is not that accurate..
exchanges(in chart) are the tagged known addresses of cold wallets.
but exchanges also have hot wallets which are confused and compounded into both the 'humpback' and 'whale' categories
so "exchanges" "humpback" and "whale" numbers are inaccurate.. in short exchanges hold more then you think
as for the other lower categories.
me, just me. has some coin in all categories of shark, dolphin, fish, octopus, crab and shrimp
again people/businesses/organisation can have multiple addresses meaning different people fit into multiple categories and multiple categories dont explain different people
or maybe im just a sh-olph-fi-shrim-pusoc-rab
First, the OP needs to include the reference link where he got the chart - https://insights.glassnode.com/bitcoin-supply-distribution/. Yes, it is not accurate as it is also stated under the discussion part of the article -  The author knows that he is talking estimates only on this discussion. Maybe, just to have some sort of reference where we are at btc market but not to be taken as ultimate reference. He also pointed out some considerations to take note of. |
|
|
|
SHIB has been stable lately. Are you expecting a pumping about this crypto soon? What are your expectations about SHIB in the near future? Will this project meet expectations? Its current value is $0.00002. How many dollars do you think it would be? Is it a crypto to be expected for investment? The market cap of $11 Billion and the amount of circulating supply is insane. Is it normal for it to be so low under these conditions?
Not particularly. I think that there is significant room for it to keep going downwards in fact. SHIB is one of the few coins/tokens that have absolutely zero value and will continue to drop so long as the bear market keeps churning along. There is virtually no usage case outside of being a meme, and people are obviously seeing the bubble pop with these tokens right now before their eyes. The likelihood that this meme token will go down is indeed high for me. As of now, what is the use case of this token? Is there actual development going on? Or is the team just following the hype and will disappear once meme hype is over? This is the reason why this coin is very risky because the we know the foundation is not that strong and solid. It seems that they can easily crumble once this hype is over. |
|
|
|
|
Show Posts
