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Showing 20 of 9,423 results by avikz
I wish I had purchased more bitcoin earlier. I wouldn't have to take out a loan to pay for my apartment. I believe a lot of us have done similar mistakes in their life and still have to work in a corporate to make the ends meet. Honestly, I had all the chance to become a billionaire today, I repeat - billionaire!
But my mind didn't allow me to invest hard earned money into a new asset called Bitcoin. Big regret of my life!
But my mind didn't allow me to invest hard earned money into a new asset called Bitcoin. Big regret of my life!
So here’s the big question:
Is BTC truly becoming a safe asset — a legitimate inflation hedge — or are we still holding on to a narrative that doesn’t hold up in practice?
Bitcoin is safe?
I would say no! Because Bitcoin is a super volatile asset. Even though historically it has shown immense return and outperformed every other asset. But it doesn't mean that Bitcoin will continue on that path. If every government declare it as illegal, the price may crash to the lowest level tomorrow. So I won't call it a safe heaven.
But yes, what we have seen so far, if Bitcoin continues on the same path, it will be a great hedge against any kind of downfall. But don't conclude it yet.
Re: 8 months ago Microsoft voted against putting bitcoin on their balance sheet.
It's great that day did not invest in bitcoin. We do not want more corporate or government to come into this market and buy a huge stash of Bitcoins. Bitcoin needs to stay in the hands of common people like you and I. Really we don't need corporates to get into bitcoin.
In a couple of years, these corporates will become so powerful that they hold the power to manipulate the market at their own will. We do not want that. Glad that Microsoft voter against buying bitcoin. I hope it stays that way forever.
In a couple of years, these corporates will become so powerful that they hold the power to manipulate the market at their own will. We do not want that. Glad that Microsoft voter against buying bitcoin. I hope it stays that way forever.
Trump is showing all signs of a mad man. Probably he has lost his mental stability after the success of BRICS. So Brazil is obviously a target which is closer to US. Trump is doing everything possible that will eventually isolate US in coming days. I am very happy about it because one country should not become so powerful that can dictate the actions of other countries.
US citizens need to prepare for another election soon. This Trump fellow needs to be thrown out of the throne he doesn't deserve!
US citizens need to prepare for another election soon. This Trump fellow needs to be thrown out of the throne he doesn't deserve!
I keep hearing people call Bitcoin “digital gold.”
But gold has been around for thousands of years, and Bitcoin is only ~16 years old.
Do you think Bitcoin can really replace gold as a store of value — or should they just complement each other?
I’m curious what older members here think!
But gold has been around for thousands of years, and Bitcoin is only ~16 years old.
Do you think Bitcoin can really replace gold as a store of value — or should they just complement each other?
I’m curious what older members here think!
Gold and bitcoin are two different sets of assets. Bitcoin has a huge potential to make you rich because of its immense growth it has shown so far. While Gold is mostly used for capital protection. Even though gold price has also increased over time, but it has never reached to the level of Bitcoin.
My personal preference is to have both in my investment portfolio. Gold should balance your portfolio during uncertain times and Bitcoin should take your portfolio to the new heights over a period of time.
I just came across this news today!
The senator who has been in forefront of advocating for bitcoin strategic reserve and better crypto policies.
She has once again introduced a new bill that should update the tax code on digital assets. This happened after the federal budget was passed without a single mention of cryptocurrencies.
Key Focuses of the document:
1. Exemption of Tax for Small Transactions: transactions below $300 will be tax free with a yearly maximum of $5000
2. Deferral of taxes of mining and staking until the moment of assets sale. This addresses the issue of double taxation.
3. Tax Exemptions for crypto loans and charitable contributions in digital assets.
https://coingape.com/lummis-bill-simplifies-crypto-tax-compliance/
She believes this will help promote innovation, reduce bureaucratic hurdles and clarify the obligations of tax payers for digital assets.
These changes when implemented will help maintain the US Competitive edge in digital economy.
The senator who has been in forefront of advocating for bitcoin strategic reserve and better crypto policies.
She has once again introduced a new bill that should update the tax code on digital assets. This happened after the federal budget was passed without a single mention of cryptocurrencies.
Key Focuses of the document:
1. Exemption of Tax for Small Transactions: transactions below $300 will be tax free with a yearly maximum of $5000
2. Deferral of taxes of mining and staking until the moment of assets sale. This addresses the issue of double taxation.
3. Tax Exemptions for crypto loans and charitable contributions in digital assets.
https://coingape.com/lummis-bill-simplifies-crypto-tax-compliance/
She believes this will help promote innovation, reduce bureaucratic hurdles and clarify the obligations of tax payers for digital assets.
These changes when implemented will help maintain the US Competitive edge in digital economy.
Great! I can only see positives here! I wish every politicians think like this and helps countries to adopt crypto is a positive way. Unfortunately, many countries still see crypto as a potential threat.
I wish this bill is passed and make it into the book of tax law in US. It will open up real opportunities for further crypto adoption. It will help commoners like us to use crypto for small transactions with ease and without fear. It opens up doors for positive changes in crypto market.
Re: Trump doesn't even know the tariff he wants to impose on 56% of the world(BRICS)
Trump is hilarious! He is intentionally starting issues with the other countries which will eventually make US isolated from every aspect of the world matters. He is thinking like a supreme leader trying to control the rest of the world. This is going to bite US back when the time is right and ripe. Threatening doesn't work everytime.
Also for the world peace, it is important to create a balance in power. Otherwise, the earth will never be free of war. Whatever Trump is doing is ridiculous and hilarious. Probably the most joker like president US has ever had till date..
Also for the world peace, it is important to create a balance in power. Otherwise, the earth will never be free of war. Whatever Trump is doing is ridiculous and hilarious. Probably the most joker like president US has ever had till date..
I'm sure you're surprised too, i was tooo when i saw a token is named "Useless" it emphasizes zero utility and community-driven speculation. The $USELESS token is traded on Raydium and has a repurchase and destruction mechanism to achieve liquidity.
in as much as it sound useless there's pump happening and many cex listed it already and even on their futures
what's your thought on this project Guysss ?
in as much as it sound useless there's pump happening and many cex listed it already and even on their futures
what's your thought on this project Guysss ?
That's good! At least the creators are not claiming any utility for this token. They are open about the fact that it is a shitcoin. That's the only good part about this token.
So if it is being pumped right now, it will be eventually dumped at some point of time. So no thoughts really. It is like millions of other shitcoins in the market. Just the branding and marketing activities are a little more thoughtful than others. Enter at your own risk!
Re: Bitcoin as a Neutral Asset: Can it Really Stay Apolitical in a Fragmented World
It would have stayed apolitical if no governments would have purchased it or talked about creating a bitcoin reserve. Since big corporations are buying it, especially in US, it's not apolitical anymore. Just like oil, countries have already started building their Bitcoin reserve. So it's not apolitical.
I share that slight uncomfortable sentiment about governments' strategic reserves.It's a real threat to Bitcoin. Bitcoin has always thrived without the support from corporates and governments. It used to be a common people's currency system. At least that's how Satoshi had envisaged it. But unfortunately, governments and corporates are positioning themselves in a way where they can manipulate the market at their will.
I am not saying that these entities will manipulate the market. But having that power to manipulate is scary to others. Bitcoin as an asset is not political, but it's usage can be political and can also harm the common holders like us. That's my concern!
Re: I am mining monero. Hold or keep the setting to convert to BTC?
I am using https://www.mining-dutch.nl solo mining. Monero atm is $322.05. CPU and GPU.
The miners are producing 6000 h/s.
Should I keep the dutch-mining setting to convert to BTC automatically? Or set to keep "if I find a block" hold Monero and not convert?
I understand it could take 6 months to find a block etc.
The miners are producing 6000 h/s.
Should I keep the dutch-mining setting to convert to BTC automatically? Or set to keep "if I find a block" hold Monero and not convert?
I understand it could take 6 months to find a block etc.
Not sure about the mining company but whether you want to convert it to Bitcoin or not, depends on your requirement.
Monero has several benefits over Bitcoin. But Bitcoin has higher potential to make you rich. So choose your preferred coin based on your requirement. If you want anonymity, stay with Monero. But if you want to just hold for longer term, choose Bitcoin.
From my personal experience, 6000 h/s isn't much useful.
Re: Bitcoin as a Neutral Asset: Can it Really Stay Apolitical in a Fragmented World
⭐ Merited by d5000 (1)
Curious to hear the community's thoughts on this complex topic. Is neutrality its biggest strength, or its biggest challenge in the coming years?
It would have stayed apolitical if no governments would have purchased it or talked about creating a bitcoin reserve. Since big corporations are buying it, especially in US, it's not apolitical anymore. Just like oil, countries have already started building their Bitcoin reserve. So it's not apolitical.
That's why I never cheer when some big corporations buy bitcoin. Bitcoin should really have stayed with commoners like us. We really needed something of our own which is slowly becoming the puppet of the corporates and governments.
And this has made Trump very angry. As usual he has threatened the BRICS countries with additional tariff just for joining BRICS. Trump's attitude reminds me of the toxic bosses we have in our office. Where team members do not fight with him in the office because he got power, but if any day he is found alone in the road, will be trashed straight away.
Funny enough, his tariffs were one major reason why these countries finally joined BRICS. Most of them just want to watch and see what happens, but this seemed like a final blow. These countries just want to do business without so many complications, but the US make things more complicated.
The tariffs may not affect the big countries that much, but for developing countries, it will do more damage because they can't afford the extra cost, and their countries can make counter tariffs on the US, like China and Canada, because they will feel it more.
I don't fully buy into the gospel of BRICS, but I can understand why these countries would join them.
Trump is actually acting like a mad man. It seems he has started lobbying for peace Noble prize as well. If the noble committee finally decides to give him the peace Noble prize, the committee will loose all its credibility.
In a perfect world, one country should not become too powerful. A balance in power is essential for world peace. What Trump is doing, will eventually establish the global south as a contender of US in global trade.
⭐ Merited by TheUltraElite (1)
Yes the current government doesn't want people to get into crypto because some old government officials and ministers think that crypto is dengerous for the economy. Also the banking lobby is consistently promotion anti-crypto campaign which are further scaring people away.
No wonder, any financially rich person wants to leave India at any cost. It's the mentality to blame. 30% tax is just a tool to scare people. Also government uses income tax notices if they find out you have dealt in crypto.
No wonder, any financially rich person wants to leave India at any cost. It's the mentality to blame. 30% tax is just a tool to scare people. Also government uses income tax notices if they find out you have dealt in crypto.
⭐ Merited by pooya87 (5)
And this has made Trump very angry. As usual he has threatened the BRICS countries with additional tariff just for joining BRICS. Trump's attitude reminds me of the toxic bosses we have in our office. Where team members do not fight with him in the office because he got power, but if any day he is found alone in the road, will be trashed straight away.
Having a power balance is very much needed in today's world. Especially when UN is nothing but a puppet of US, the world needs more such associations.
Having a power balance is very much needed in today's world. Especially when UN is nothing but a puppet of US, the world needs more such associations.
I don't think the movement of 80k Bitcoin has anything to do with this VTSN. It is very well possible that the creators of this coin is using this incident to promote their coin through such alt accounts. At least there's no proof yet.
But I honestly like the tagline of VTSN - digital money nobody can f*** with. That's great confidence. But unless a strong proof is available in the market, no one is going to believe this story!
But I honestly like the tagline of VTSN - digital money nobody can f*** with. That's great confidence. But unless a strong proof is available in the market, no one is going to believe this story!
Re: The regret of early Investors or the regret you get for procrastinating
Most times as humans we feel more regret for the action we didn't take than the ones we took.
Yeah! I have one big regret when it comes to Bitcoin. I joined the bandwagon in 2012. During that time, even faucets used to give a good amounts of Satoshi for every action. Also signature campaigns used to pay huge amounts of Bitcoins as per today's value. So I was able to save up a decent amount.
But I had sold most of them in 2017 when I had purchased my first apartment to fulfill the co-pay requirement. As per today's value, it is more than my total mortgage.
I wish I could have kept my Bitcoins intact.
While common people are investing into stock market, smart people are getting into cryptos. And really smart people are diversifying into commodities and precious metals. That's how smart people can stay ahead even during a recession because they add assets that protects their capital.
But 155 billion USD in 6 months, is a big number. This kind of optimism may be fueled by global broking companies that are advising their retail clients to invest heavily. A lot of US people think that Trump tariff is going to serve them great return. So there may be multiple triggers to create such optimism.
But 155 billion USD in 6 months, is a big number. This kind of optimism may be fueled by global broking companies that are advising their retail clients to invest heavily. A lot of US people think that Trump tariff is going to serve them great return. So there may be multiple triggers to create such optimism.
Well it's good for the crypto market in general I guess. Elon never directly endorsed Bitcoin until today so I am sure his tweet helps to pour some additional credibility into the crypto market. May increase the number of eyeballs on bitcoin pricing.
But don't expect anything magical to happen. He has created his own political party, he may use some Bitcoin donations or he may use it as one of his political agendas. We don't know.
But don't expect anything magical to happen. He has created his own political party, he may use some Bitcoin donations or he may use it as one of his political agendas. We don't know.
or it could be a BTC developer. There is a team of developers that maintain this software. Don't tell me they are saints 
I don't think so! But that's where the beauty of Bitcoin lies. In a real world, if a transaction worth a billion happens, all enforcement agencies will start questioning the receiver or sender. But in bitcoin, we can play guessing game but no one actually knows who is behind it. That's how a financial protection should look like. In a perfect banking world, that wouldn't be possible to sit on an Unidentified amount of cash for 14 years. Government will run behind you to get their cut.
I hope US suddenly doesn't found some oil reserves in Bhutan! Lol!
It's a great news for Bhutan. It is a very small country with peace loving people living their in harmony. I had a great fortune to visit their country long back when they had a King. Now they have moved to constitutional democracy.
I read some news that they are actively talking with some stakeholders to introduce card based bitcoin payment system in their country for the tourists. That's a real adoption.
It's a great news for Bhutan. It is a very small country with peace loving people living their in harmony. I had a great fortune to visit their country long back when they had a King. Now they have moved to constitutional democracy.
I read some news that they are actively talking with some stakeholders to introduce card based bitcoin payment system in their country for the tourists. That's a real adoption.