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221
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Bitcoin / Bitcoin Discussion / Re: Who is the ultimate winner of Bitcoin pump?
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on: January 26, 2021, 05:55:21 PM
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If you look back at 2017 pump it was average users like us who got the benefit of bull run as Bitcoin was easily affordable before the bullrun hence a good portion of users had bitcoin in their portfolio as there were not that much altcoins available in the market. But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?
If you are in profit with the current huge market pump then you can be called as a winner and also I think all of us crypto user is the winner to in different way but the one who really got benefited on it is the whales since they are the one who buy a huge volume of bitcoins and if buy at the current rate from the past and hold it for sure they are earning big gains up till now. Exactly! Whales that has been hodling bitcoin from the start before it blooms are the winners. Also, for those who still had their bitcoin which they bought literally on a lower price since it's not that popular within that timeline are also considered as winner. It's quite right that we can consider crypto users as winners in different way and aspects as long as they gain profits from bitcoin's huge success. |
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222
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Bitcoin / Bitcoin Discussion / Re: who controls the bitcoin price?
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on: January 26, 2021, 05:36:36 PM
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well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?
i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers
Bitcoin is so volatile, you can't even predict on what will happened from time to time. The Price Bitcoin varies on buy and sell of anyone depending on how big they trade/buy/sell on a certain platform. Although whales were the biggest bitcoin holders but it doesn't mean they can control the whole circulation of it unless they will plan to sell or buy bitcoin for a huge amount which is unlikely referred as a pipe dream. |
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223
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Bitcoin / Bitcoin Discussion / Re: Bitcoin advertising by celebrities.
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on: January 26, 2021, 05:24:08 PM
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If the celebrities advertise and support bitcoin it is good for the community because it will spread the bitcoin to their supporters who is possible to become future investors of the bitcoin.
The more celebrity will expose bitcoin to the public the more chances to grow the value and it is what really want to happen. Hoping that not only the celebrities endorse the bitcoin but also the government will advertise this coin and Im sure that many people will invest and the price will grow more.
It's certainly right. Celebrities that posts about giveaways via cryptocurrency is a huge promotion/advertisement that will help to spread bitcoin's influence. |
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224
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Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto is been Spotted in Google Search said Hoffman Investigation
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on: January 26, 2021, 05:11:16 PM
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Nothing one the link, but as much as we all want to know satoshi ,I won't advice you make it a priority please, satoshi would have come out to us but he choosed to remain hidden .
The real satoshi nakamoto won't reveal himself for the reason of being a pseudo anonymous just like how we live our daily life on crypto world. I believe that he's a wise man and he knows himself where to let his indentity hidden from us just like how we hidden our identity to others. |
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225
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Bitcoin / Bitcoin Discussion / Re: Bitcoin as a world power?
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on: January 26, 2021, 04:59:34 PM
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To gain worldpower, not only crypto but any currency should get minds of people first... While people trust in currency, it works...
Referring to world power, the word such as "World power" doesn't circulate only in currency. There are some characteristics for those who want to achieve such power. You can gain world power by having a massive influence on your state, extraordinary intelligence, has an access on a country's arm forces, also, having such huge wealth and many more. With these, you can certainly attain the "World power" you're seeking with. |
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226
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Bitcoin / Bitcoin Discussion / Re: What happens if internet connectivity gets terminated
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on: January 25, 2021, 06:24:26 PM
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By that time what will happen with the banking process if there happens a termination of internet connectivity for few days time.
First, that's highgly unlikely in developed countries. In the same way that the power can go out in a neighborhood of a city for a few hours, the same can happen with the Internet, but do not expect a massive blackout in all countries for several days and, even if that were to happen, the blockchain would still be there. The scenario you raise is so unlikely that I don't worry about it. I agree with this. Developed countries had always countermeasure regarding on technology that helps us in our daily life since it has been a great progress and had a great impact in these present time. Hence, some countries that belongs to third-world country may experience those slow connections and it's inevitable. |
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227
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Bitcoin / Bitcoin Discussion / Re: Does anybody have any suggestions for investing in Bitcoin?
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on: January 25, 2021, 06:08:33 PM
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There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers made during this year rally. What is your legit suggestion in investing into bitcoin base on the level of your exposure to the blockchain industry?
Today's market is very risky because bitcoin is a very volatile asset, the future of which is still uncertain. To mitigate any risks involved with investing in bitcoin, you should wait for it to achieve new ATH. Then you skip it and don't invest. Just wait for another ATH, the one that will give you enough evidence that the time has come. You should probably skip that one too because it is still risky to invest your money. In my opinion, you need to wait for the third ATH. Only then it is going to be relatively safe to put your dollars in. Don't wait too long, however, because you can miss the moment when bitcoin is no longer volatile due to its maturity. The higher the risk, the greater the profit. That's why we try to take risk in order to gain something valuable. Just like bitcoin, there's a high risk when you try to enter its domain by investing, that's why you need further research and knowledge before betting your own wealth into that currency. Also, skipping opportunities such as corrections or dip may be regrettable since it can turntables your fortune if you're already late to bitcoin. |
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228
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Is Dying
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on: January 25, 2021, 05:48:35 PM
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Psst. You can use Bitcoin for whatever purpose you may see fit. You want to use it as an investment? A payment currency? A way of having real ownership over your money? A way of hiding your wealth from the government? You may even use it to buy those anime waifu pillows or Belle Delphine's bath water and I don't care one bit. Because that's the point! You have complete freedom with Bitcoin, and you don't need to care what people think!
Also, you can freely choose whatever you want in your wealth since Bitcoin has plenty of unique options you can choose. You're also safe from bad guys who wants to rob your wealth. A term "Dying" for bitcoin is not logical since it's value were too massive right now. |
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230
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Other / Politics & Society / Re: People around the world cant go with covid restrictions
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on: January 25, 2021, 03:17:15 PM
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People will start riots but more agressive then before .
People want normal life back
Goverment will only put whole society in mess with restrictions
All over world people will be angry not gping to be good
The governments may not entirely know how the elites chained the society. This restrictions may ultimately go into chaos. Violence can be seen all over the world with this rules. |
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232
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to find best Airdrops?
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on: January 24, 2021, 04:24:18 PM
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I really want to know about how i can get legit and good airdrops. There are too many scam projects and its really difficult to find legit project. I missed 1inch airdrop infact i did not find any announcement regarding this and suddenly last night i see a post about it. So i feel bad but cant do any thing.
There are a bunch of airdrop groups in telegram and facebook pages. Only the project itself hodls the legitimacy of the idea and concept if they continue developing it. Almost all airdrops are scams because they use airdrops to gain exposure and will ultimately scam investors that favor their whitepaper and also highly possibly plagiarized. |
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234
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Bitcoin / Bitcoin Discussion / Re: Dont stay in crypto too long
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on: January 24, 2021, 02:06:43 PM
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There's a big difference on everything in our time right now. Don't generalize other altcoins and bitcoin because of XRP's issue. If Crypto would be ruled by SEC and the government, Bitcoin's value won't be massive right now. Also, there's some features of bitcoin that can still give you freedom like you wanted. Technology is the evolution of humanity. You can't tell whether the near future will still have a fiat currency or just like bitcoin which is a digital currency.
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235
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Alternate cryptocurrencies / Altcoin Discussion / Re: What Quantity of Altcoins to buy?
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on: January 24, 2021, 12:55:42 PM
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Hi I am spending a ton of time reading, watching and asking questions to those who know. But one question I have in mind is: Let's say you identify an altcoin you want to buy, let's say Tron..... Currently 2p a coin. What would people normally spend on this coin? Obviously as many as you can in case it shoots up to £10 a coin... But just keen to understand how people think / buy. Would you spend £20 or £100. Or does it depend on your overall goal short term or long term? Any input welcome.  If you are planning to hodl, youre a spot trader that buys a coin/token to hold and will sell for a target price. Any amount will do, try to compute your ROI. If you are on futures that amount will give you good profit for starter. |
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236
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: BarnBridge: DeFi Protocol for Hedging Yield sensitivity
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on: January 24, 2021, 07:42:11 AM
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After giving your thread a read, is it not the official ann of the project, then? Rather, it is a personalized opinion and a form of support toward a project you're believing in, and you're here under the capacity of a crypto enthusiast rather than their community manager or part of the team?
I found the project on my own just going through the jungle that is DeFi. I have been staking a little amount on their website and have been in their discord since November'20. The BarnBridge team wanted a post on the BitcoinTalk forum. They had an incentive for it in the form of added recognition in discord and an NFT. I am quite interested in what they are doing and wanted to be more involved with the project. I offered to do it to and let people on forum know about BarnBridge. Now that you ask, I'll confirm from the team if they want this to be an official ANN and whether I should call myself a community manager? Additionally, If being the "Official" ANN means that the real team is in touch and they will be available on the thread at some point then yes, this is an official ANN. To be frank though, I only really consider devs and the brains to be part of "teams" in crypto. There isn't much community management to be done here as there is no bounty thread etc. The idea is for the community to self manage. The thread will in no way encourage you to buy the token based on speculation. If you think that risk-based derivatives can be a thing in crypto and that their "governance" would have some value, then you can choose to buy. One thing I would say is that its a lot of work understanding this product if you are from a non-financial background like me. I think it will quite agreeable that the definition of "official" ann would be that the answers given for questions asked here were originated from dev team and that it can be accountable for future reference of whatever the project have or will face. If you can help asking the team to officiate this thread, it'll be very nice, as it'll certainly increases their visibility and people can access them easier. For the matter of CM, I am somewhat less agree with you. A community manager (by a broad definition of mine) is the one who responsible to manage queries, announcement, and other publication made by the team. In a word, we can perhaps say they were the PR of the project, and (this is where I am less agree on your opinion) projects need a CM, because they'll be the one passing official answers and announcement. Without the role, if a project took a self-managed system where anyone can share info or development progress, there will be a risk where the shared information got jumbled and tangled with other self-originated information (read: FUD or FOMO), that it'll raise confusion within the community of whose words is credible and whose words isn't. This is where a CM comes in. The announcement looks good and from what I read, this might have a chance to bloom. Others are right that you must tell the dev to make this as an official and you can moderate as well. |
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237
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Bitcoin / Bitcoin Discussion / Re: If bitcoin price had not crashed in 2018
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on: January 23, 2021, 05:51:56 PM
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There's such ups and down on our life specially when it turns to selling our assets because we needed to for some urgent errands but rather than that, those who has a stable financial income are those who can afford to hodl more years on bitcoin. It was the reality for the most of us here but it doesn't ends with that case. There's lots of stuffs you can do rather than hodling BTC to gain profit.
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238
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Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Gold after Zombie Apocalypse
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on: January 23, 2021, 05:14:30 PM
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To be more frankly and conservative, people would rather barter needs like water, food, clothes than gold/bitcoin. Until that Zombie apocalypse were done and the whole world will be rebuild again but as one nation or few nations, maybe there will be a consideration wether the currency would be gold or bitcoin.
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239
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Alternate cryptocurrencies / Altcoin Discussion / Re: XRP SEC lawsuit complaint
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on: January 23, 2021, 04:05:57 PM
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Ripple should be responsible for their act since they know what they're doing from the start. Hence, Ripple stated that they will do everything to win at the end because it will be their end if they will wait for a long procedure to win against SEC.
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240
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Bitcoin / Legal / Re: Faketoshi CSW vs Cøbra Bitcoin
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on: January 23, 2021, 03:48:42 PM
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With further proof of documents and license, one cannot claim that he was the owner of something when the subject is stated as it can freely distributed.Just like how bitcoin should be, it cannot be govern by someone, a group of people, by government, or even the wealthiest people. Claiming that CSW is the real satoshi is an illogical statement.
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