I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.

Do you know job/investment related to crypto that provide stable $100 daily income?

Ok, so I'm currently holding few coins at the moment and I'm waiting for the next crypto ath. I'm trading on Binance but the consistency of winning is not there. I'm on the side of losing, to be honest.

I'm thinking of becoming a merchant for BTC-Paypal and vice versa but I don't know how to start it yet. I'm still doing my research on how can I gain profits from being a merchant. Being a merchant also needs trust from the community so I think it will be hard to start but I will push it to become a merchant once I finalized my case study.

At the moment, I am looking for a stable business or a stable job related to blockchain or cryptocurrency where I can earn $100/day. I know there are a lot of guys in this forum that have bright ideas and I'm hoping I can get one that I can try.

Cheers!

The price of Bitcoin was hovering around $10,000 in February before the coronavirus pandemic led to the U.S. stock market to correct sharply. At that time, analysts expected BTC to pull back as the price had also rejected at $10,500 which is a pivotal resistance level.

Surprisingly, Bitcoin price dropped rapidly as it fell below $6,000, ultimately dropping to a yearly low at $3,600 on BitMEX. This caused mayhem in the cryptocurrency market as more than $1 billion worth of leveraged positions were liquidated.

According to Woo, Bitcoin was positioned for a bull market before the coronavirus pandemic affected nearly all risk-on markets. Woo’s new model, which accurately marked the start of four previous bull runs, indicates Bitcoin is preparing for another uptrend in the near-term.


How do you think?

While it does not have to, the markets will move where it wants to based on supply and demand. And whether we like it or not, the masses simply doesn't have the same monetary/economic ideologies as some of us here have. Most will buy and sell bitcoin for one thing, and one thing only: profits; and they will also be susceptible to fomo/panic, same as with the emotions they experience in the stock markets.

In summary:

- Alexander and Laura Strashny filed income tax return due in 2017, but unable to pay

- they sent IRS letters proposing to pay the liability in iinstallments over a period of 6 years

-  IRS received the proposal recorded it and put in in pending status

- As of December 2018, the outstanding liability + interest exceeded $1 million

- IRS sent petition notice "Intent to Seize Your Assets" and Notice of Your Right to a Hearing.

- Petitioners timely requested a CDPhearing, expressinginterest in an installment agreement (IA) and attaching a copyof their previously submitted Forms 433-A and 9465.  They did notcheck the boxindicating thattheycould not pay the balance, and they did notdispute theirunderlyingliability for 2017.

- SO review the case and saw that they have a huge cryptocurrency investment

- SO eceived from petitioners’ repre-sentative a copy of their 2018 tax return, which reported wages exceeding $200,000, and investment statements showing cryptocurrency assets valued over$7 million.  During the conference the SO noted that petitioners were currently
- 4-[*4] withdrawing$19,000 per month from their cryptocurrency account, and she asked why they could not liquidate or borrow against those assets in order to discharge their tax liabilityin full.

- Lawyers for the petitioners argue that they are unable to draw on their cryptocurrency account to pay their liability.

- On June 25, 2019, the IRS issued a notice of determination sustaining the proposed levy, rejecting petitioners’ request for an IA, and stating that “[l]evyaction is permitted 30 daysafter the rejection.

https://www.ustaxcourt.gov/USTCInOP/OpinionViewer.aspx?ID=12258

---

There's no denying that the petitioners have money to pay to settled their tax liabilities. But they can't withdraw it in a timely manner, maybe they are waiting for the price to go up and make profit to at least lessen the damage. What are your thoughts on this?

Are you willing to sell your crypto to pay our debts or just go on settle it in months or years?

If they force people to use electronic money and somehow remove cash completely it's going to increase Bitcoin adoption.

If not, I just don't see it happening. The only way people start using Bitcoin is if other ways of paying become more risky or less convenient.

President Trump's attitude, which tends to be anti-Bitcoin, has raised the discourse that he could forbid the ownership of Bitcoin for citizens of the United States (US) in the future.

This discourse is based on two possibilities, namely Trump's tweet in 2019, that Trump is not a Bitcoin lover and second is a recognition of Trump's similar attitude, as stated in the book by John Bolton, a former White House security adviser.

Responding to the discourse of a possible ban on Bitcoin ownership, many people say the most likely action is an aggressive step by the government in dealing with laundering crimes related to Bitcoin and other crypto assets. Direct banning seems impossible, because Bitcoin is practically outside the structure of the country.

Hi Y’all,

I don't know how about you guys but I'm really bored being quarantined in my flat. So I did the “Best” thing possible. I started to shop online. I had some bitcoins left so I decided to spend them as well.

And it turned out that was an adventure in itself. 

So I compiled my favorite options of spending bitcoins in an article, which I managed to publish on Paybis.

In case you are interested, you can check it out here: https://paybis.com/blog/how-to-spend-bitcoin/

I’d like to turn this post the best one on the topic, so I’d appreciate some
recommendations as to what other spending methods I should add.

Thanks and see you around after this quarantine ends!

20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance

I hate to bring this sad news, but I thought that everyone could learn a thing or so, specially those young traders out there who are vulnerable. Its really really sad to hear this kind of news, specially a very young kid at 20 years who ended his life.


https://www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-commits-suicide-after-seeing-a-730000-negative-balance/#5421ac305928

In spite of the lock down, and thousands of death caused by coronavirus in Russia. There has been a sharp increase in bitcoin trading volume across Russia. The number of registered users in Binance during April 2020 was two times higher than December of 2019.
Source: https://cointelegraph.com/news/coronavirus-lockdown-boosts-bitcoin-trading-in-russia

With this kind of development in Russia, are we to expect a big price movement not only in bitcoin but to altcoin generally 

---

THE CREATION OF BITCOIN brought upon various opinions, initially mostly negative especially as the darknet quickly became the narrative of its existence and real purpose. Before the usage of Bitcoin for criminal activity, only few knew about it and Bitcointalk, the main forum for the king of cryptocurrencies, has proven not to be pro-crimes along its journey of existence.

Ross Ulbricht launched The Silk Road back in 2011, when Bitcoin was still known by only few. Using Tor for anonymity and Bitcoin for payments, Ulbricht was able to create a completely censor-free and anonymous website. However, that was only under the ideal usage of it. In fact, Ulbricht, known under the name of "Dread Pirate Roberts", had probably made a few mistakes that cost his privacy, his site and finally - his freedom.

Although The Silk Road did allow criminal activity to happen under an anonymous identity, according to FBI, a CAPTCHA service leaked the real IP under which the uncensored website was running. This, together with a lot of research done by intel agencies, led to the finding of Ulbricht as the owner of it.

However, the finding of Ross Ulbricht by the FBI has sparked controversies as some started to believe that FBI has actually found Ulbricht's identity illegally unlike they made the story look. According to WIRED, something is missing from the story of finding his identity:


Does this mean that the FBI has illegally found who Ulbricht is? Anyways, the thing is that, although The Silk Road did indeed help illicit activity operate, I do believe that its existence helped Bitcoin grow up faster and gave it a big spark of hope overall. In all honesty, many of us have actually started researching Bitcoin and Tor starting from the moment we heard of either its insane price growth, the darknet or both.

SATOSHI'S DISAPPEARANCE remains a mystery. Although he mostly operated on clearnet websites to communicate unlike Ulbricht, intel agencies are acting as if they don't have a single idea about who the real identity of Bitcoin's creator truly is. Considering the FBI, NSA and CIA have been able to unlock some great mysteries out there, is it really possible that Satoshi has always operated under the 100% ideal conditions so that not even the best agency out there could get to 'crack the code'?

Controversy about the FBI is not only linked to The Silk Road's case. Only last year did we hear about a former FBI lawyer being accused of altering documents in order to initiate surveillance in Trump's 2016 campaign. According to PJ Media,


It obviously doesn't stop here. There are lots of conspriacies surrounding events such as UFOs, JFK's death, Hitler's alleged suicide, 9/11 and many other large-scale events that have not been yet declassified or, if they have, appear to have potentially critical missing information without which the dots cannot be connected. This is conspiracy now, but we have to ask ourselves: once (if ever) someone comes up and proves to be the real Satoshi, how and why do we trust him? What if the so-called "real Satoshi" is a false prophet of Bitcoin, willing to destroy it?

CRAIG WRIGHT is the perfect anti-example of Satoshi. If he was the real one, all he would've proved is that unlike many thought, Satoshi was a liar full of bullshit and, apparently, full of himself. Wright tried forging documents, falsifying e-mails and recently even f***ed up by declaring he owns the address containing Mt. Gox's hacked balances. But what else did he try to do?

Wright launched Bitcoin SV, as in "Satoshi's Vision", as a currency that supposedly follows the real Satoshi's vision unlike what we consider today to be Bitcoin. However, his bullshit fell just as short as everything he said in Court, on social media and everywhere else. Bitcoin SV is only his attempt to take over something that was never his. In fact, he even tried to call Bitcoin and Bitcoin Cash creators basically thieves. Had his bullshit ever had a little bit of substance, Bitcoin might have been taken down long time ago already as we all would've thought the real Satoshi has returned.

Therefore, Wright is just an attempt of Thomas Edison, who has been accused of stealing inventions and claiming credits for something he did not really invent. Edison is, interestingly, part of a conspiracy: the fact that he might've been implicated in the mysterious case of the father of cinema who also misteriously disappeared not too long after his invention. However, unlike Satoshi's mystery, we do know who Louis Le Prince was before he vanished. According to Historic Mysteries,


This one sounds very similar to what would've most likely happened if Craig's words were taken for granted. In fact, there is a number of people who do take them for granted and support his coin. But taking a look back at the court history of Craig, it makes me wonder.. considering he still hasn't been punished for all the lies he made up in the court and for the forged papers, could he actually be working with an intel agency and under its protection in an attempt to change the course of Bitcoin's history?

TRUSTING SOMEONE TO BE SATOSHI COULD MEAN THE END OF BTC AS WE KNOW IT. If someone ever proves to be the real Satoshi with real evidence, it could prove to be a big danger for Bitcoin's future. Craig Wright has said multiple times that the actual course Satoshi wanted to take was creating a regulation-friendly coin. By the creation of Bitcoin SV, I would understand that Craig goes against the fundamental ideas of Bitcoin while allegedly following them.

As a lot of people are looking up to the real Satoshi, if anyone ever proves to be him (false prophet of Bitcoin or not), that entity will have a lot of influence over a lot of people.

It is quite well-known that intel has technology +50 years ahead of us. One example is quantum computers - if they became the norm tomorrow, too much of the Internet would become vulnerable to it, possibly including Bitcoin itself. But they own it and they could use it to change or prove things that aren't really true.

2020 is only one decade past Bitcoin's creation. The timeframe is still short enough for us to look for the truth and there are too many witnesses for someone to come up and change history.. but if we ever trust someone for being the real Satoshi, even with the most proof possible, we might fall into someone's trap. Digital means some things could be altered and forged well enough to create a false timeline of false events, unless verifiable.

Obviously, there is a significant difference between being against the law and being against laws that allow abuse. Most of the regulations we see being pushed every now and then go against privacy and against what Satoshi really wanted to create. Trading Bitcoin ETFs? Using third-parties and having to trust them when using a currency that was created to be trustless? Having the governments/companies hold the keys of our own coins when the keys should be our own..

Most of the authorities have shown they do not support Bitcoin by launching regulations and laws that supposedly go for Bitcoin's growth when, in fact, they really go against it. Take it as "attempting to kill the initial Bitcoin by making it non-trustless" - or changing the fundamental ideas of Bitcoin in a slow and steady way. One example I always mention is Know-Your-Customer, the regulation that allowed and still allows a lot of companies to legally seize and steal their own customers' money.

Trusting someone for being the real Satoshi might mean unknowingly trusting an entity who might want to destroy what the initial project meant to turn Bitcoin into and allowing a big change that may end up to be the death of Bitcoin as we know it.

Full Read: 📰Forrest Visions Cryptocurrency Newsletter Volume #1

Bitcoin passed the halving, and Ethereum is heading into Eth 2.0. What are your thoughts on the direction of the blockchain? We're seeing the prices increasing but do you think these network updates are priced in and will eventually come back down before the upgrades?


With the United States pumping in money into the economy, is Bitcoin going to be the new standard?


Lots of crazy stuff going on in cryptocurrency.





My fifteen-minute read goes over the recent industry news, observed trends, a highlighted coin, and my personal price predictions.