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Showing 20 of 122 results by cryptotact11
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Board Bitcoin Discussion
Re: Bitcoin now constitutes about 1.7% of money in the world today .
by
cryptotact11
on 19/08/2025, 14:39:25 UTC
1.7% is still huge but not very huge yet if compared to what will come. Let us see what would happen in the next 15 years. I think bitcoin would have gotten to $20 trillion in marketcap by that time.

All I know is that a time will come that bitcoin will be exactly behind gold and compete with gold.

Gold that has existed for a long time has a market cap of about $22.709 trillion. So Bitcoin has not performed poorly considering that it has been around for less than two decades. The next fifteen years will be about three halvings, $20 trillion in market cap is not a bad prediction considering the attention Bitcoin is getting. Silver with a market cap of $2.146 trillion, is already behind Bitcoin, getting close to gold is possible. 
You call reaching $2 trillion after less than 2 decades with a radically different asset class that is not even close to anything else in the history of human existence, not performing poorly? Mate, your writing is completely backwards. Bitcoin is the best performing asset and has done extraordinarily well, impossibly well.
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Topic
Board Bitcoin Discussion
Re: Bitcoin now constitutes about 1.7% of money in the world today .
by
cryptotact11
on 19/08/2025, 13:05:17 UTC
Not bad, but I'm not sure I buy the parallelism because, although bitcoin was created as a currency, it is hardly used as such. It is often compared to the asset market, with a total value of $900 trillion, which I think is more accurate given the current state of affairs.
Bitcoin is everything though. If people were using the USD more as an asset, would that make it stop being a currency? Not really. But yeah it should be also compared with the assets as well, not just the money supply.
The future will make everything right, imo.

We will see how everybody will view BTC in the time to come, but as for now, I agree with the fact that BTC is seen by most as something to speculate on, rather than a good alternative.
How the majority sees Bitcoin does not change what Bitcoin is though. I use it as a currency and as an asset. It is up to the individual how to use it.

Bitcoin has all the chances to become an alternative to fiat, a true alternative, I mean - not to destroy it, but to accompany it for those that understand BTC's strengths and values.
It already is for certain groups of people.
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Topic
Board Bitcoin Discussion
Re: Bitcoin now constitutes about 1.7% of money in the world today .
by
cryptotact11
on 19/08/2025, 12:28:06 UTC
Not bad, but I'm not sure I buy the parallelism because, although bitcoin was created as a currency, it is hardly used as such. It is often compared to the asset market, with a total value of $900 trillion, which I think is more accurate given the current state of affairs.
Bitcoin is everything though. If people were using the USD more as an asset, would that make it stop being a currency? Not really. But yeah it should be also compared with the assets as well, not just the money supply.
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Topic
Board Bitcoin Discussion
Re: Bitcoin maximalists theory
by
cryptotact11
on 19/08/2025, 12:07:44 UTC
I think that you are looking at this all wrong, more complicated than it is. I just don't like scams, many maximalists don't like scams either. Almost all altcoins are premined scams. It is as simple as that.

Quote
Although one argument against it is that we don't welcome innovation.
Is not that we don't welcome innovation. We are against any supposed upgrade that's going to affect Bitcoin primary ethos
Which many altcoins sacrificed to perform what Bitcoin can't.
Besides this too of course.
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Topic
Board Economics
Re: Waste of values when you still holds your funds in fiat for long term.
by
cryptotact11
on 19/08/2025, 11:56:21 UTC
I think those people that holds their money in fiat and saves it for the best use that they can are aware of the inflation that lessens the purchasing power of their fiat. But, we don't know if they have some plans of spending it to any asset that they have in their minds. For them, they know that cash is king and that's why they are keepin as much stack in cash that they can. Because if they want to purchase some stocks or even crypto, they have fiat ready for it to be done. There's so much that they can do with it but for me, I like to have balanced portfolio. Have some cash and crypto too.
No matter any future plans that anybody has for their money, considering the way inflation is hitting hard on the Fiat now, it will not be wise to stack a lot of money in Fiats because no value will be added in the long run. However, keeping a balance between Fiats and Crypto is a good idea but for me i would like to keep most of my money in bitcoins, like about 3/4 of my money while the remaining part will be in Fiats for urgent needs and getting some stuffs but since i have known the potential value of the amount i kept in bitcoins, it will remain there in the long run.
That is true, no value will be added except the little interest that the banks will credit the owner which is not even enough to cover the cost of the inflation. I think if you're a family man, you'll understand why others are having it balanced but there is also nothing wrong for both, someone who's going to put it mostly in crypto, half or even 3/4 as you have said and someone who's balancing things and as well as those that chose to keep in cash. Those who have most it in cash understands what they do because they don't want to take further risk.
The interest rates are not even 1 tenth of the real inflation rate. The manipulated numbers don't tell the real story, many everyday purchases have doubled in price in the last few years. When making the inflation data they always look at all possible items to find any that have gone down in price and include them this time, so that it lowers the calculation and the final number. Fiat is a losing battle, keeping money locked in a bank is one of the worst things that one can do with it.
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Topic
Board Politics & Society
Merits 1 from 1 user
Re: Israel murders Al Jazeera journalists
by
cryptotact11
on 17/08/2025, 20:47:13 UTC
⭐ Merited by FinneysTrueVision (1)
Everything is khamas!

The children’s are khamas, the journalists are khamas, the medias are khamas, the IDF is khamas too.
What else?

You said khamas using children as shield, how does that actually work because IDF is totally evil. Do you think they care about children’s? They wre mass killing the children’s. So your logic that khamas using children's is a bullshit lazy argument.

Just grow up enough fucking racist grandpa.
Just ignore him, he has mental issues. No normal person would believe or post so many lies. He has no real arguments, just lies and because of that we are wasting our time with it. Better to press the ignore button.
Post
Topic
Board Bitcoin Discussion
Re: Sign to accept your salary in bitcoin?
by
cryptotact11
on 15/08/2025, 19:09:01 UTC
Companies are businesses must obey laws and regulations in their country and even regional or global regulations. Therefore, companies must feel safely enough to own bitcoins for their companies first as it is allowed legally in that nation. Next,
Wrong. A company does not need to own any Bitcoin in advance to make payments to people or to offer this option. They can use any provider who will facilitate this at a small cost thereby reducing any risk and complications that may occur.  What you wrote is entirely incorrect.
Post
Topic
Board Economics
Re: Waste of values when you still holds your funds in fiat for long term.
by
cryptotact11
on 15/08/2025, 19:07:14 UTC
I would just add that very few people know how badly they are being robbed. The group of people that are aware of the negative effects of inflation is already quite small, but even within this group very few people know the real effects. Often they look at official numbers and cite some data to show that it is bad but also not that terrible. Inflation is the biggest robbery ever done on humanity, combined with the high taxes that we are forced to pay they are taxing the normal people at a rate that is close to 99%. Much higher than even slaves were taxed in history.

Good win for capitalism and democracy, right?
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Topic
Board Altcoin Discussion
Re: Please be aware: cryptocurrencies can fail due to lack of regulation
by
cryptotact11
on 15/08/2025, 18:55:47 UTC
No amount of regulations can stop the greed of the project founders or the greed of the investors, that is your mistake in this thread. As long as people are willing to chase these scams like EOS and TRON, there will always be a supply of new projects. Basically not even 1% of the projects that have been created in the last decade are legitimate, they are outright scams or only designed to enrich the founders. A few make it but those are rare.
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Topic
Board Bitcoin Discussion
Re: Despite the growth of bitcoin why haven't it been legalized by many nations?
by
cryptotact11
on 15/08/2025, 18:53:26 UTC
Point.2 I am a muslim and can assure you that it is not haram in islam if you use it for preserving wealth or as an investment but it is when you use it For Gambling or other haram stuff.
I still disagree, the reason why Bitcoin is haram because people think that as high risk investment, not about the usage. It's also not backed by gold or fiat, which is another reason.
What people think does not matter, only the objective truth matters. Bitcoin is a low risk investment. How many decades do need to pass before this nonsense about high risk investment stops?

It's not that easy to run a nation and and it's not that easy to legalize a currency.
Easy if you are not corrupt, the more corrupt you are the harder it is to run the nation.
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Topic
Board Altcoin Discussion
Re: Is it luck or just an hidden strategy?
by
cryptotact11
on 15/08/2025, 18:51:10 UTC
It is almost exclusively luck, don't mistake gambling in the shitcoin casino for skill. For every winner there are thousands and thousands of losers. Just because someone happened to be the winner that does not mean they knew what they were doing. They just happened to be that one winner by chance, it could have been anyone.
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Topic
Board Politics & Society
Re: Compilation of Israel's Lies and debunking all the bullshit
by
cryptotact11
on 15/08/2025, 16:42:35 UTC
I will take some room in this thread to ask something, which I have not been able to research myself: is it true the Israeli government is planning to relocate the people of Gaza to South Sudan and occupy the gaza strip indefinitely?
I have heard my father talking about it this morning, as he usually keeps an eye on international issues and news. Though, that headline he was mentioning would be so blatant by the government of Israel that I refuse to believe they would openly announce they are planning to take Palestinians off their land and send them all well into Africa...
Could anyone please confirm or deny is it true or not? I am afraid my father could be reading fake news or news based on rumors...
While big media news outlets are also not that trustworthy, they are reporting and confirming this story so I guess it is true.

https://www.bbc.co.uk/news/articles/ckgdzxpkdd7o
https://www.independent.co.uk/news/world/middle-east/gaza-palestinians-relocation-south-sudan-netanyahu-b2806609.html

It is absolutely crazy that any country would allow this, but this just shows the hypocrisy of the democratic and humanitarian west. Israel is fully controlling them.
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Topic
Board Altcoin Discussion
Re: Binance aided Trump’s stablecoin (USD1).
by
cryptotact11
on 15/08/2025, 16:40:12 UTC
Well, we are talking about someone who is incredibly rich and got himself in trouble because his platform being involved with money laundering. It is obvious he will try to use his money and influence to buy himself a pardon from the presidency of the country. Also, I had no idea that stable coins was being issued by the Trump family, through their cryptocurrency firm.
I don't even know what they could be trying to achieve by having their own coin in such manner... Considering the competition within this market is completely dominated by USDT and USDC, very few people will pay attention to their backed token...
He didn't get into trouble because of money laundering, he got into trouble because of politics. Know the difference, don't let public information mislead you. Every single of the biggest banks in the world are processing more money laundering per year than any crypto platform or exchange could ever do. Are they arresting their executives or owners? Very rarely, and most often because of other fraudulent behavior and not this.
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Topic
Board Speculation
Re: BTC Sentiment Poll for August
by
cryptotact11
on 15/08/2025, 16:36:45 UTC
Felt like that last sell down was a stop run to wipe away late longs.  Lol.  It really felt manipulated imho.  And it wasn't something that could signal the start of a trend back down from the current range.  But that's just me, I could be wrong.
US government won't buy Bitcoin for its reserve and US government will buy Bitcoin for its reserve all within 24 hours. No manipulation at all. Lol.

I don't think this august will be like other past august that always attracted bear run in the month of august, because there is no sign that there will be bear run in this month.The price has dump to $118k which is still good for investors to sell to make profit from the market, and even though they don't want to sell in this current price, the price will still going to pump higher before the end of august.

The investors that will be disappointed in this month are those that will be expecting the bear run to begin before the end of august, which it will not going to happen according to my statistics in this current price in the market. September will be the season bear run will showcase fully to allow buyers to start buying and hope for a better future.
The reason why it has dumped is manipulation through news which is not good for investors or traders. Big players control the cards and they are stacked against everyone else.

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Topic
Board Politics & Society
Re: Israel murders Al Jazeera journalists
by
cryptotact11
on 15/08/2025, 15:39:09 UTC
its all a mystery in that country what's actually going on

not a mystery at all
ever since hamas took control of gaza, nothing good came of it.
the solution, disarm hamas, remove hamas control.. put gaza back in control of a peaceful civilian palestinian authority that recognises the need for peace and co-existence of all those in the middle east
There is a simpler and cleaner solution, wipe Israel from existence and all these genocidal problems go away. The creation of the state of Israel was a big mistake and mostly innocents are now paying for it.
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Topic
Board Altcoin Discussion
Re: Binance aided Trump’s token
by
cryptotact11
on 15/08/2025, 15:36:23 UTC
Trump is a criminal, that is legally proven, he was forced to pay fines and such, he has committed crimes, when people think of "criminal" they think of some gang guy or whatever, but the reality is, he has broken the law. Same goes for CZ, and now we are hearing they are both working on the same thing. Nobody should trust that coin.
There is nothing wrong with being a criminal if the laws are stupid and complicated. You can break laws unknowingly and knowingly. Chances are you, me and everyone in this thread are technically criminals we just have not been convicted of anything. Prove me wrong.

Doesn't matter how stupid it will be if they claim that it's not connected to the pardon, do people care about it? Cheesy
No, why should anyone care about it?

How much money did he make via Trump coin? I seriously don't understand why Trump needs to create a Trump fragrance, Trump coin, Trump mobile? What the hell is this? Is he the next Tom Ford? Is he the next Steve Jobs? Why on planet earth this idea comes to President's mind and why on earth people pay money in Trump's fragrance or Trump Mobile? Maybe I'll never understand this but I wouldn't pay a single cent into his products because it's clear as the day that it's totally built on his name and doesn't offer any innovation or exclusivity. If anything, it's known that Trump smells shit.
Why would he not make all of those things if they sell? While gullible people in the left believed that Trump is about to go bankrupt due to the politically manipulated lawsuits, he is now richer than he has been for a long time if ever.  Cheesy

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Topic
Board Service Discussion
Re: Samourai wallet website seized by DOJ, developers arrested
by
cryptotact11
on 15/08/2025, 15:30:22 UTC
If you know the kind of frivolous lifestyle these guys live without care for what the money is being used for, if it is to fund terrorism to wipe out a whole city, they don't care, it is about the gain. Some of those they mix for will even bargain a good percentage with them before the deal is pushed through, so this is not about what they deserve or not, it's about the law. If the law exenorate them, fine.

I am not against mixing, it is advantageous, but the selfish and wicked human nature. It's easy to say you want to mix your coins for privacy reasons and anonymity, bla bla bla.
You are just inventing things you have no idea how they are living, these are not arguments but just a show of your envy.

[Edited out]
It is unfortunate to hear that as they definitely don't deserve this. However fighting the US government on such matters is pretty much impossible. They will get you if they want to and every conviction establishes more precedent.
Why don't they deserve it? They should know the risk they took and the possible consequences thereof.
Do gun producers get into jail because someone uses their guns to commit murder? They don't. To makes things worse a mixer is not even a physical object, it is code, and code is speech. They don't deserve this, they didn't do anything wrong.

Post
Topic
Board Altcoin Discussion
Re: $ETH at 10 Years — Overperformed or Underperformed?
by
cryptotact11
on 05/08/2025, 00:34:36 UTC
Do you think it has underperformed, or is it doing okay?
Mostly underperformed up to borderline okay performance. A lot of people who have little knowledge watch only the USD chart, which is wrong. Many people who got some ETH would have bought BTC instead if they didn't. If you look at the ETH/BTC chart it looks bad. It has bad performance even with all the lobbying and bribing that can come from a centralized project like ETH.
I disagree.
I was here when it first came out, even before the fork that happened which show ETH and ETC diverge their path. I can tell you that nobody thought it would be as big as it is today.

It was about 9 dollars when I first saw it, and I do regret not getting some, I wish I bought with all my money, but that is the old days and no need to keep regretting. So nobody assumed a 4k+ barrier would be broken when we were back at 9 dollar price.

All these "why isn't it 10k+" questions came in much later, when people saw the bull run it had in 2021.
What is there to disagree, just look at the chart against Bitcoin. For most of its history it has underperformed and it would be better had you bought Bitcoin instead. Meanwhile you support premining and centralization when you buy projects like ETH.

There were even talks of flipping bitcoin at some point, when you get that much confident with your investment, what seems like an unrealistic expectation, becomes an expectation.
Only idiots were fooled by this talk.  Smiley
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Topic
Board Speculation (Altcoins)
Re: Will Bitcoin Ever Be "Flipped"? Or Was That Just a Cycle Myth?
by
cryptotact11
on 05/08/2025, 00:32:06 UTC
"The Flippening" is just a provocative word that  used by shillers. They always yapping about a coin to flip BTC just to scare people to buy the tokens promoted by them. It's not even relevance with how big the gap between Bitcoin and Ethereum in term of mcap. if you're still believing it, better to think about it for twice.  Grin Grin Grin Grin
Just imagine the amount of ETH that was freely premined that went into bribing governments and officials for support, and still it can't even get anywhere close to Bitcoin. That says a lot about it.



That's impossible to happen. The premined coin of ethereum mostly owned by the foundation itself, and they're cashing it out for themselves. They will never ever think to use it to bribe the governments.  Cheesy Cheesy
It amazes me to date how many people are in love with this scam, when it goes contrary to everything that Bitcoin stands for. They even claim it is as decentralized as Bitcoin.  Cheesy
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Topic
Board Speculation
Re: BTC Sentiment Poll for August
by
cryptotact11
on 05/08/2025, 00:30:13 UTC
By the end of this month, the Bitcoin price will move towards the highest speed again, it is certain that in the unique month I have seen the Bitcoin price dumping at the beginning and the Bitcoin price has risen significantly at the end of the month. So we must not panic, we must be patient, the more patience we have, the more successful we will be by investing in Bitcoin.

Bitcoin price is governed by supply and demand, geopolitics, manipulation...so whether Bitcoin price will continue to fall or recover by the end of this month will depend on the situation. Bitcoin volatility does not follow any fixed pattern. So it's all just predictions, expectations and there's no guarantee that anything will happen.
I agree with you but I would like to note that the effect of manipulation continues to become lower even of geopolitics. If you look at the history and recent news and the related price movements, Bitcoin has matured drastically. There was a time that you could crash Bitcoin by saying China is banning it and pump when it unbans it. There were times when some negative news articles could cause more movements. These days not so much. Think about this. We have many global wars, tensions, bad macro economic situation and still we are priced over $100k at an crazy ATH! Just imagine the price of Bitcoin were the outlook on the planet more stable or even positive! This is what people don't understand doubt Bitcoin's future potential price increases.

Imagine no wars, interest rates near 0%, massive money printing. It will happen one day. When exactly nobody knows, but the outlook will be very positive once and that will propel Bitcoin to heights that most people doubt were possible.