Quote from: Yatsan on June 30, 2023, 11:53:04 PM

Quote from: Ultegra134 on June 30, 2023, 07:03:39 PM

Quote from: posi on June 30, 2023, 01:54:34 PM

Quote from: Sarah Azhari on June 30, 2023, 01:13:32 AM

Quote from: posi on June 29, 2023, 09:05:11 AM

Quote from: Sarah Azhari on June 29, 2023, 01:07:53 AM

So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.

You are afraid of it, but I am not scared because drama has been an integral part of this market since it was created. Like it or not, it will happen, so we can't do anything but adapt and find a way to live with it. After all, bitcoin is a financial market, a money game, and to create volatility, drama is indispensable. As I said, because this is a game and dumping is inevitable, we should take it as a good opportunity if you want to buy low and sell high.

The thing is, I do not consider Bitcoin to be a money game, I always considered that Bitcoin is future solution money. so I take it seriously like I invest property. I don't know why out there, many people still have that thought and think Bitcoin is Goods and can be played as other centralized assets like stocks and foreign currency. So If you want buy, buy it on spot exchange, where we can withdraw it and save on a non-custody wallet.

Do you really see bitcoin as the future solution money? If you consider it the currency of the future, then why would you care about its price daily, even if your topic is profit oriented rather than treating it as the future currency? If you consider it a currency, you should use it every day regardless of its price, you should not store it or buy or sell low sell high. That makes you no different than I am looking at bitcoin as a speculative to make a profit. Yes, I use centralized exchanges to buy bitcoins, but that doesn't mean I'm storing bitcoins on centralized exchanges, I'm not that stupid.

I believe that the majority of us don't expect Bitcoin to become a future currency, nor are we planning to use it in our daily lives. Let's be honest here: it doesn't make too much sense to be used in that way; it's volatile and extremely valuable. Why would someone pay with Bitcoin and not a fiat currency that constantly depreciates in value? Nowadays, Bitcoin is considered an asset, similar to gold. Would you pay with gold in your daily life? Probably not. Thus, I don't see any practical reason to use it in our daily lives, unless it's for speculative purposes.

Indeed, now that the fees are high simply because the market value keeps on increasing. It would only be advantageous for huge transactions to avoid taxes but with regular or daily transactions, I doubt. Bitcoin is popular because of its volatile market value but with uptrend pattern in a long run. It is more being used as an asset than being a currency. Well, there's nothing wrong with it but people who are pushing to use it on a daily basis are more likely the ones who are not doing so. We are majority of investors here for sure. And it is still a valid action given that there are still issues on its usage and acceptance across countries. But let's see as this industry continues to grow.

Give and take, really up to the individuals on how they are going to used their bitcoin. They can trade it and used as asset just like the majority of us and nothing is wrong with that. There are LN that you can take advantage as well if you want to buy and it bitcoin as payment scheme.

That's why I don't see any drama before or after the halving, the last halving was fine, smooth although that time we have the pandemic.

But I doubt that we will have that kind of a global issues during the halving time.