It is true that a huge amount of electricity is lost every year and that it is about 50 000 TWh, and that for comparison BTC mining consumes somewhere around 200 TWh, which refutes any crazy claim that Bitcoin can have anything to do with a serious impact on the environment. Therefore, any use of what would otherwise be completely useless has a positive effect on the economy of a country and creates additional value.

There were some stories that "El Loco" is somewhat pro-BTC, but this is the first time I read that something concrete is happening in that direction - although this is not a revolutionary idea that has not been talked about before.

This could be the final time we see Bitcoin below $100k I see a great opportunity for everyone to dive in before price pump. There has been little market action, as practically everyone is waiting for the final dip before the bull run to stack more. I'm still on the bench waiting for the right time to enter the market.

Are you referring to this cycle or in general that it will no longer be possible to buy under $100k? In any case, I believe that regardless of the strength of the bull run, in the end there will still be a correction, and that it will not be less than 50%, which will mean that at some point the price of BTC will again be as it is today (possibly even lower).

As for hesitating and waiting for the "right moment", it is certainly some kind of game or even gambling - because although it is possible that the price will fall even lower, it is also possible that it will not be much lower than the levels we had recently. In addition, a lot of people today are not at all satisfied, even when you tell them that within 1+ years they could earn 100% if they invest in BTC, because they dream of earnings from the past, and today's numbers are missing at least one 0 more that is not at all realistic.

Yes history will repeat itself once again but I think people are afraid of such lower prices and they are selling their coins with loss which also affects the market negatively. If we wait and keep the previous history of halving in mind then we will not be caught in the opposite direction.
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I don't know what kind of low prices you are talking about considering that 1 BTC is still worth over $60k? About 1 year ago, the value was half as much, and some 18 months ago it was even 4 times less than today. If people failed to profit in all this, I really don't know what their problem is and whether they are perhaps too greedy or misled by various influencers who mostly talk about things they know nothing or very little about...

30.4% percent? It's crazy high and that means you could talk about cryptocurrency to stranger as conversation starter. Although it's a shame the article doesn't mention how they obtain the number/percentage, which makes me question it's accuracy.

When you look at the fact that, apart from Ukraine, there is not a single other country from Europe that has some of the countries with the highest purchasing power and, accordingly, they certainly have a significant share of people who own cryptocurrencies. This is obviously a very limited survey conducted by a payment processor that apparently generates clients from those countries.

It is always interesting to see China in the top 10 countries when it comes to cryptocurrencies, considering that they banned them some 7-8 years ago. However, for me, a much more significant research would be to get data on where, for example, Bitcoin is mostly used as a cryptocurrency, and not as an investment.

I've never been so convinced of $100k in the next cycle but after looking at this price chart I think $100k is minimum,.I think we're heading to $200k. I don't see anything stopping it.

Someone will have to buy a lot of BTC for that to happen, and now the question is whether we can count on retail buyers or institutional players - or maybe both? The fact is that we now have spot ETFs in the US and they have proven to be a powerful factor in pumping up the price, but we also see that money does not flow in only one direction.

I personally hope that the price at its peak will reach at least x2 compared to the post halving in 2020, which would mean around $140k. If that doesn't happen, I still hope that we will at least reach that magical $100k that everyone has been waiting for so long.

I will only join those who are skeptical about what politicians say in an effort to gain power, and I think that we all have the right to doubt what one of the candidates for the US presidency says. The fact that he made a complete U-turn from his previous statements causes optimism among some, but for me Trump is still a man who can wake up in the morning and say something, and already have a completely opposite opinion in the evening.

Regardless of who the new US president is, we should keep in mind that people change, but that the main policy guidelines remain mostly the same, especially when it comes to the protection of national interests. One of those interests is certainly their domestic currency, and any other currency that would ever be a threat to it (including BTC) will not receive friendly treatment.

Here's some more positivity from Trump -> https://x.com/WatcherGuru/status/1788371259287327136

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This hurts to decide. It's like being forced to choose whether you want to die by being hit by a bus or by being set on fire.

I wouldn't be in their shoes with that choice, because I feel a bit sorry for Joe, who is obviously an old and sick man who simply has nothing to look for in politics, while on the other hand, Trump has so much negative weight on his back that it is not at all clear to me how can be a candidate for president.

We need to see user reviews of this service, so that it doesn't end up becoming another YoMix.

Trust is gained over time, although it can be betrayed at any moment, as we have witnessed many times so far. Theoretically, 100 users of this forum can try this mixer and everything goes well, and the 101 users who try to mix a slightly larger amount can be left without everything.

Also, I think they need a few more things:
- Contingency plan: How are you going to protect yourself from the government(s)?
- Proof of reserves: About how many bitcoins do they have to run the operation?
- Jurisdiction: Which country is the service operating from?

Protect yourself from governments? The only thing is that he places his service on servers in a country beyond the reach of all those who fight against it. Proof of reserves is something that definitely makes sense, and that should be the first thing the OP should have done.

Apart from all the could, can possible in that article there is one thing that really made me raise some eyebrow

Quote

Michaël van de Poppe, founder of trading firm MNTrading, suggests that Bitcoin’s dominance may have peaked as traders begin to shift liquidity to altcoins. Crypto trader Matthew Hyland echoed this, highlighting that Bitcoin market dominance is losing major support.

WTF is this guy smoking, Bitcoin is all over the news and there is like no talk about altcoins whatsoever, everything is about Bitcoin, Bitcoin ETF, bitcoin bonds, approval and regulations, no coin is coming even close to the spotlight and he thinks that altcoins are driving the market. One hiccup from the king and everyone is in red but lol, Bitcoin is losing dominance. Good luck keeping the market in the green with PEPE.

These guys obviously have their own vision of how the crypto-market works, and it is not excluded that they try to direct those who read in the direction of investing in altcoins by selling them the story that Bitcoin is losing its dominance. I have always called articles like this cheap PR, because in reality, when you look at it, some people just want to promote themselves and their business in such a way that they will say something that people will discuss.

Logical thinking is not the forte of such people - I always remember the famous Tom Lee, whose statements could be used to write a book called "A Hundred Wrong Speculations"