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Re: Trump Approves Crypto for Retirement Accounts as Bitcoin Surges Past $120K – Wha
I genuinely believe this will create long-term upward pressure on Bitcoin and other cryptocurrencies. That said, it's still unclear how asset managers will respond. Many have historically expressed skepticism—Warren Buffett being a notable example. It remains to be seen whether pension funds and retirement accounts will eventually join the movement.
Buffet is a fudster for BTC, it's obvious he wouldn't like it as an idea.
We shouldn't listen to it or others like him.
A friend of mine just got into Bitcoin, lucky for him, his successful. Before he started Bitcoin, he was actually into a good business of selling artwork which wasn't so bad. So he got introduced to Bitcoin and had a quick success. It's actually a good and exciting thing to see someone progress fast like that, but he quit selling artworks and other little businesses that kept him going he stopped, he now depends fully on Bitcoin. Bitcoin is the king no doubt, but From my Point of view I think that depending fully on it might be risky to you financially. I don't recommend anyone to depend solely on Bitcoin or any single asset. Bitcoin can fluctuate rapidly and market volatility might impact your financial stability. It is actually very risky to invest in a single asset. The part that scares me the most is that my friend has put all his resources into this one asset. If am wrong please correct me. Thanks
Your friend has an artwork business which gives him a source of income. He doesn’t fully depend on Bitcoin rather he invest part of his earnings from artwork and let Bitcoin gave him the majority of his finances.
Even if Bitcoin is a good investment no one should depend in it fully and neglecting a source of income.
Bitcoin is a long term investment while we have daily necessities.
I agree.
We need to diversify in order to stay abroad and stable, no matter what.
Re: What will happen if Bitcoin's network gets too big?
I have been thinking about this recently, what Will happen if Bitcoin network gets too big? Will there be any issues with it's speed or fees
Most probably the fees will increase because its demand increases as well. But I think its speed will be quite compromised, which is very common for any larger network, so the bitcoin team will definitely work on it.But let’s face the reality, bitcoin network is actually bound to level up and get massive in the long run. And this could pave way closer to global adoption, which is bitcoin’s goal and the whole bitcoin community target ever since.
We would also have a better LN to use in said future, so..
[...]
You are absolutely right that Bitcoin total supply is key but it is not only thing that sets its price. If its supply were suddenly much bigger its value would drop significantly from today levels which are based on its fixed 21 million coin limit.Predicting Bitcoin future price just by looking at its supply is wrong because other major factors like how much people want it. Its usefulness and how many people use network and its security and also government rules new technology, wider economic conditions, and even scheduled halving events all play big role in shaping its constantly changing value.
If only supply matters so their are many coins and tokens which have less supply as compare to Bitcoin supply but they are still low in price.
In addition to what you just said, the whole thing here follows the law of the economy, when there's an increasing supply, then we should expect a crash down on the market price, because the value also decreases over time for not being limited to a certain supply, this is why the financial system in fiat currency failed and will always be affected by inflation, because all these discrepancies were not out into consideration, but Bitcoin network is a game changer for all these challenges a d ready to fix them all by having a limited supply, so that it's value will always increase as the demand increases.
Fiat becomes more and more bloated as time goes on, and BTC becomes more and more valued because value from fiat in it doesn't disappear or inflate in it - it is kept properly there
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
Seven talented young men and women from El Salvador have begun their official program in Lugano, Switzerland, where on their first day they presented the legal tender of Bitcoin in El Salvador through a wall newspaper. Their goal is to make El Salvador known worldwide and to make it the first country to declare Bitcoin as legal tender. These seven young men and women are continuing their program with this main goal in mind. They are also continuing to discuss El Salvador's Bitcoin investments, strategic reserves, the country's economic prosperity, and freedom in their program.
Wonderful news.
I wonder what critique or thoughts they hear for their presentation..Overall, it's still very good to hear, they are making history.
Very funny of the IMF to keep intruding into the affairs of a nation, and I wonder what it would benefit them in all these stories they keep telling the world about countries that seek financial aid from them. I will never believe the IMF for once till an official statement is released from the government of El Salvador, as they alone can respond to this statement as released by the IMF.
As for the IMF, they should not expect a country to keep saying every move they have made towards achieving financial freedom and boast of its economy, not to mention when it involves bitcoin. Nobody can tell if they had chosen to buy and keep it a secret as a result of the rate at which hackers operate these days. There are things better kept a secret than attracting public attention. It is best that the IMF learns this and minds its business.
As for the IMF, they should not expect a country to keep saying every move they have made towards achieving financial freedom and boast of its economy, not to mention when it involves bitcoin. Nobody can tell if they had chosen to buy and keep it a secret as a result of the rate at which hackers operate these days. There are things better kept a secret than attracting public attention. It is best that the IMF learns this and minds its business.
I agree.
IMF will and can tell everyone whatever they want, but before the official announcements - it's all buzz.. El Sal has their own ways of doing things, and IMF should remember that.
The IMF only wants El Salvador to comply with their rules, so any means will always be taken even by leading opinions that make the media confused between believing IMF statements or seeing the fact that El Salvador is increasingly becoming an example for other countries to get out of IMF debt. So don't be surprised if the IMF will not stop here to try to pressure El Salvador, especially in stopping bitcoin buying activities.
They don't want others to see BTC as an option for those who may use BTC like that too: because why they would need IMF then?
Re: ✨ JacksClub.io ✨ Daily Contest with Amazing Prices | VIP Rewards | Free Faucet
why are u so inconsistent with your bitcointalk challenges. you did the bitcoin prediction challenge and stopped abruptly. you did the second one and again stopped abruptly. what is the reason for this? you always stop without any form of explanation
It is completely up to the casino team whether they will run a promotion for a long time or not. You have no right to force them to do that. Jacksclub or any other casino will look into the revenue part by running a contest/promotion. They have run the Bitcoin price prediction contest 72 times. Without any doubt, Jacksclub marketing team has decided not to continue this by observing the activity of the winners of the contest.Yep.
If it works - it's repeated, if it doesn't by the analysis - why should they?
Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team
The crazy thing was, as it was mentioned on stream as well, what if this didnt get recorded. I mean without proof of this happening what can you do as a player?
Human error can happen at anywhere, it doesn't matter how professional a person is. Most of the gambler don't record the screen when they play in casinos. The casino team will obviously deny the claim of a user if he/she complains about such error without having the proof. Only the casino team or game provider can solve the issue here by keeping the screen record of those live games for 24 hours at least. As far as I know, popular 3rd party game providers usually keep the screen record of the game for dispute resolution.That would be nice if it would help to find a compromise.
Because clearly, the platform must step up in this situation.
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
Well i'm glad I didn't buy back into FUN after the rewards were fixed and it was pumping. I was tempted but down for 2 days now, it feels like the end is pretty close.
Exit scam or not, as it was outlined - we are in a stalemate, and it can go on for another duration like we see now: I don't think there would be a reply for it.
Re: 🟢 Rainbet.com | Crypto Casino & Sportsbook | Competitive Rewards 🎁
Winning a lottery ticket prize requires a great deal of luck, so not everyone can win unless they're extremely lucky. I myself rarely win, even in the prediction lottery held by casinos, I rarely win.
However, in the future, that doesn't mean we can't achieve it all. In the future, we can experience what others are experiencing. Hopefully, we can be one of those lucky people. Lol.
In slot games, I usually have a little luck, but unfortunately, it's not like the wins experienced by other users. Nevertheless, I'm still lucky enough to win it all.
However, in the future, that doesn't mean we can't achieve it all. In the future, we can experience what others are experiencing. Hopefully, we can be one of those lucky people. Lol.
In slot games, I usually have a little luck, but unfortunately, it's not like the wins experienced by other users. Nevertheless, I'm still lucky enough to win it all.
If you have fun while doing it - that's the best part about it.
We shouldn't be doing something if it doesn't bring joy to us - others may do it better or for the worse, but what we feel is what propels the process forward.
As long as they don't use 100% the same steps, that will not be a problem. One casino should have unique than the others so people will know the different and attract them to join. It is why the team need to be creative and figure out what they can do to make their site is looks different.
If they just use the same as other casinos, people will not have intention to join and skip it without take a look more. They will consider that casino may scam them without take too long especially if they start join and deposit. People now become smart to research and get the casino they want so the team need to be careful.
If Rolbit is not a big and successful casino, scammers will have no or very little reasons to copy Rollbit in order to find victims and scam them. It is hard for successful companies to have no impersonating websites that launched by scammers with hope of finding naive people and steal money from victims.If they just use the same as other casinos, people will not have intention to join and skip it without take a look more. They will consider that casino may scam them without take too long especially if they start join and deposit. People now become smart to research and get the casino they want so the team need to be careful.
It is excellent that community quickly detected that scam website and ruined their scam efforts to save many people.
The bigger the platform, the more chances people would just go in and put their guard down, which can result in something bad..
I am glad for the people to help each other and not just leave it all as it is.
Re: 🔥🚀ChiliSTAKES.com🚀🔥 ✅ VIP Transfer ✅ CAUTION: SPICY ACTION! ⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️
Have you guys changed UI or I'm blind?
Did it become better or worse is the question
Re: [No Bookmaker] Sports Events Club - Alternative Betting System with Rewards
Hm. The thought I have are put on the community voting: is there a formula for it? And again, what would stop people with an interest from flooding the gates to get the votes rolling if needed?
The problem will be on the hosting site and I don't think that is discriminate. If you want to buy a site and hosting, you can use Paypal to buy instead use your card which that can give you trouble.
I don't have a problem use my Paypal to buy something because I never use my card to buy something on the internet. Too risky for me because I heard about many cases about abusing the cards. But it is a good news if you can finally buy a site using Bitcoin.
I don't have a problem use my Paypal to buy something because I never use my card to buy something on the internet. Too risky for me because I heard about many cases about abusing the cards. But it is a good news if you can finally buy a site using Bitcoin.
Unfortunately, PayPal is also banned in some countries. It might be one of the most absurd things in the world; there are countries where one of the world's largest payment methods isn't allowed, like Turkey
That's exactly why I love Bitcoin. It stands up to prohibition; no one can block or harm it. It enables the creation of a vast network between governments, technology, and people, and even if the government doesn't want it, it can still be used
That's decentralization for ya.
And we are all for it, happy to see people understand it and use it if needed
They are not limiting the price but rather just speculating the price of bitcoin. A lot of people into bitcoin are here for the profit so if bitcoin reaches a million in value it will mean a lot for them in terms of profit.
That's what I was about to say, while we're also speculating its price based on a specific timeline; $150,000 till the end of the year etc. Although I understand the OP's perspective, it's also wise to set realistic expectations. Bitcoin's supply is limited indeed, however, there are over 14 million coins in circulation, taking into account those that have been lost forever; it's not exactly rare.With that being said, speculating $1M in value is in a way, capping Bitcoin's capabilities, it's also a scenario we can't be certain it'll ever happen as well.
I think it will, though surely, it's all speculations and thoughts regarding of what - may - happen.
BTC has no cap, as its the future, and the future is limitless
-snip-
one way is writing off your bitcoins as not yours. that money is not yours to spend. just forget about it. the more you look at it, the more you will just want to sell it especially when you see the value of bitcoin.
do you also do this and does it really work for you?
one way is writing off your bitcoins as not yours. that money is not yours to spend. just forget about it. the more you look at it, the more you will just want to sell it especially when you see the value of bitcoin.
do you also do this and does it really work for you?
Some people use this method to pretend they don't own any Bitcoin. They pretend they don't hold any, and even uninstalling their wallet and forgetting about it. This method might work, but I think the best way is to learn to restrain yourself from selling and always remember that you won't lose money if you don't sell because the market will always recover and hit a new ATH. And make a clear investment goal, for example 5-10 years or longer. If someone understands this, they won't panic and try to sell whenever they feel the urge.
I stay on that side too - you don't need to think those BTCs are not yours.
You need to use and hodl them properly, because they are yours, they are in your custody.
I’ve considered setting up a time lock on my Bitcoin, but only if it can be done directly from my Coldcard MK4. Ideally, I’d like to create a wallet that functions like any normal wallet — able to receive funds at any time — but with the ability to restrict spending until a specific date or block height. That would be perfect.
That said, I don’t feel it’s strictly necessary for me. I already use a two-wallet system: one for long-term holding, and another for spending. The long-term wallet is exactly that — set aside for 10 years or more. I continue to add to it whenever I can.
The key to preserving long-term holdings, in my view, is budgeting. You need to be honest about your upcoming expenses and avoid sending money you might need to your long-term wallet. Keep that money in fiat or your spending wallet instead.
That said, I don’t feel it’s strictly necessary for me. I already use a two-wallet system: one for long-term holding, and another for spending. The long-term wallet is exactly that — set aside for 10 years or more. I continue to add to it whenever I can.
The key to preserving long-term holdings, in my view, is budgeting. You need to be honest about your upcoming expenses and avoid sending money you might need to your long-term wallet. Keep that money in fiat or your spending wallet instead.
As far as I've read (and I can be wrong), your wallet supports the creation of a time-locked address, CLTV (checklockTimeVerify).
So there would be an unspent output that cannot be spent before a timestamp or a block height, but: there is catch.
Each time you add up funds, you would need to reconstruct the whole thing.
Re: Can Bitcoin hold the leadership position for ever because the world changes?
Tell you what. Minimum is 0.0001 btc on an exchange so you have to spend more than a dollar to get it now.
Edited. I throw some zeroes at it. You do the math on minimums.
Edited. I throw some zeroes at it. You do the math on minimums.
What about it?
It's not really sticking toward the subject
What we have to understand, though, is how these services are a platform of their own, and has no affiliation with bitcoin. This mean, they could setup their own rules in their own platform which may include flagging your payment. Just something to bear in mind as we're also transacting with a third party.
If we're talking about Bitcoin on its own, yeah, no countries are censored. Cross-border payments in its entirety, am i right?
If we're talking about Bitcoin on its own, yeah, no countries are censored. Cross-border payments in its entirety, am i right?
Yep, centralized services can do whatevs, and we should be always vigilant about that.
Even though BTC itself is the same, the platform in question may not be so pleasant to go around.