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Messages - Fenix

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2
If Trump can be helpful for the crypto-community then why not choose him over others. I believe Trump has never taken any action against crypto-currencies in his tenor and if he gets elected as president of US once again then he might take some good steps for crypto-community.

Now that he has earned some income from his NFT collection why won't he support the crypto-currencies that can be helpful as assets and also as payment systems. I believe if Trump starts favoring Bitcoin and crypto-currencies then he might get more voters on his side once again.
We don’t know for sure how Trump will feel about cryptocurrency if he is re-elected President of the United States, but he will certainly bring some chaos in the political and economic aspects to this world. His statements that if he is elected, he will withdraw the United States from the NATO bloc and will not provide any assistance to Europe in the event of an attack by Russia, has already caused a stormy reaction among state leaders. In this case, the Kremlin will definitely take advantage of the actual invitation to attack the Baltic countries and the war will flare up with renewed vigor. His other statements are also quite negative, in particular that Ukraine should cede its territories to Russia. This is effectively a call for other authoritarian states to attack weaker neighbors.
Therefore, regardless of Trump’s attitude towards cryptocurrency, I hope that he will not become President of the United States again.

3
We are still expecting  more larger volume trades :D
just in a day of approval 8), this should also encourage  more investors
Traditional investors' demand for investing in BTC has been confirmed, and it is truly huge. This will help support future BTC price increases.
But in the short term, what is happening with BTC price chart?  :-\ I see BTC has encountered strong resistance at $49K area, maybe someone is selling to take profits ^^

Indeed, after Bitcoin's price rose to $49,000 immediately after the ETF was approved, we now see the price drop to the current $45,822. A price correction in the cryptocurrency market is inevitable. Many people want to lock in their profits. They even predict that the price of Bitcoin could fall by 30 percent. What will happen next will be shown by events in the near future.

4
So far, Russia, together with Iran, North Korea and, possibly, China, is stubbornly pushing the planet toward World War III. After attacking neighboring Georgia in 2008, Russia attacked Ukraine in 2014, capturing the Krim Peninsula and parts of two regions of Ukraine. The reaction of the international community to these wars was so weak that Putin decided to go further and in 2022, with all his armies, attacked Ukraine from three sides, trying to seize its entire territory in a few days. He would have captured it, and even the leaders of world states have almost come to terms with this. But these plans were thwarted by the Ukrainian people and their armed forces, which for almost two years have been repelling the attacks of the Russian occupiers and at the same time inflicting crushing blows on the “second army of the world.” No European state could withstand such a blow. Yes, Ukraine is being helped with weapons, funding and material assistance.

To weaken aid to Ukraine, Russia directly and indirectly incites other military conflicts in the world. That's why Hamas attacked Israel, Venezuela attacked Guyana, and the Houthis terrorized with pirate attacks on merchant ships in the Red Sea. Russia has shown an example of impunity and permissiveness. It got to the point that the Houthis even attacked US and British warships with Iranian missiles and drones a few days ago. Thus, authoritarian regimes test the strength and determination of both NATO countries and the entire civilized world. If there had been no response, they would have moved on and a Russian attack on one of the NATO countries would have become a reality.

Therefore, tonight the United States and Great Britain, with the support of other countries, launched missile and bomb attacks on military installations of the Houthi movement in Yemen. If we do not defend universal human values, war will be inevitable, including a world war.

5
Thanks to  the SEC for finally approving the much awaited Bitcoin ETF, however, I think the SEC has to approve more ETF in near future for a competitive market economy. ETF and the upcoming Bitcoin Halvimg may send Bitcoin to the moon, and will increase Bitcoin adoptions globally.
If the SEC has approved all 11 spot Bitcoin ETFs, then all others that exist and will appear in the future must be approved. They can only be disapproved for some other reason, which will either be related to a violation of the platform registration, the procedure for applying for approval, or some other new reason.
As for the launch of the landing module on January 8 to our satellite the Moon, it is most likely that physical Bitcoin will not yet be able to get there due to technical reasons.

6
The entire write up was quite different from the interest topic caption. I literally don't know why I was expecting to see that large amount of Bitcoin is embarking on such mission, but to my greatest surprise, they are sending just one. News like this won't have any effect on the Bitcoin market because, it's more of space exploration than crypto it's self. Bitcoin to the moon isn't actually the moon we are familiar with.

I think most Bitcoin ethusiast won't find this interesting either, considering the fact that everyone is here to make profit and not get excited by a space exploration programme. But in all, I Wish them a save trip.
The point of sending physical Bitcoin to the Earth’s satellite, the Moon, is purely symbolic. The first money that could get to the moon could be decentralized Bitcoin, and not the money of any state or group of states. But it seems that this event is not destined to come true for technical reasons. The landing module most likely will not be able to land on our satellite.

7
TBH, this might be true. Remember that I used the word "might" because he's just speculating.

I'm not from the US, but I saw how both Trump, and Biden became a president, and I would say that the country is better with Trump as their president. What's happening with the country now that their president is Biden? The buying power of their currency went down, and average people barely survived with their day-to-day job. An average person can't afford to buy their own home because the prices of houses right now are just too high compared to their daily salary. I mean it's just worse compared to when Trump is their president.

His warning is more of a blackmailing for me for him to win and he can't back that statement with data and proof, but I like him to win this upcoming election though.
The economic situation in the United States has worsened not because Biden became president. Now all countries are experiencing a decline in their economy and the reason for this is the consequences of the long-term fight against coronavirus, which led to a drop in production and inflation, wars, sudden climate change, natural disasters and much more.
If Trump becomes President of the United States again, the overall situation will only worsen, and real chaos will ensue on the world stage. Trump is actually going to support Russia in its war of aggression against Ukraine, destroy NATO by withdrawing the United States from this military bloc, and so on. Therefore, many world leaders from different countries fear that Trump may become president again.
I hope that in February the US Supreme Court will uphold the Colorado Supreme Court's ruling that former President Donald Trump is not constitutionally eligible to run for president in 2024.

8
Now the attention of cryptocurrency market participants is focused on an event that may occur tomorrow, January 10. Everyone is waiting for the approval of spot Bitcoin ETFs, which should change the price of Bitcoin upward in the near future. True, not everything is so simple. There are forecasts that this approval will not come, at least not in the first half of this year. Well, there's not long to wait...

9
Bitcoin Forum / Re: Why is bitcoin stability important?
« on: January 09, 2024, 02:35:15 PM »
Bitcoin stability is also very important. When someone wants to invest in Bitcoin he waits for its downtrend. As the price of Bitcoin moves lower, those who want to hold Bitcoin and gain future profits invest in Bitcoin. By investing in Bitcoin they hope for its future growth and eventually see its value increase greatly. As can be seen, the price of Bitcoin reached $15,000 in early 2003 and reached $45,000 by the end of 2023. Those who invested and held on to Bitcoin early on have now benefited greatly.
Essentially, you described how important the high price volatility of Bitcoin, and indeed the entire cryptocurrency, is for investors and traders who deal with cryptocurrency and make a profit from it. Without high price volatility, cryptocurrency would not be so attractive to participants in this market.

  In a few months, the next Bitcoin halving is planned, and this event usually leads to its high price growth with the establishment of new price records, but then an equally steep price peak some time after that. It is the halving that market participants look forward to once every four years, and not the period of relative price stability of Bitcoin.

10
Bitcoin Forum / Re: 100 days Left For Bitcoin halving
« on: January 08, 2024, 02:26:52 PM »
There are 100 days left until the Bitcoin halving. What is your prediction for the Bitcoin price? Do you think it will surpass the $50K mark? Additionally, could you share your opinion on ETF?
The approximate date of the next Bitcoin halving should take place around the second of April, and this date is really about a hundred days, even a little less. Are you asking the question: will Bitcoin's price exceed $50,000 before the halving, or is there a peak price for Bitcoin after this halving?
Already on January 10, we will be able to find out whether the spot Bitcoin ETF is approved and from this event we will be guided by what will happen to the price of Bitcoin before the halving.
After the halving, it is predicted that Bitcoin could reach a price of $100,000 - $125,000. But no one knows how this will all work in practice.

11
In general, such a law was to be expected. Most likely, similar laws will be adopted in other countries, but with some peculiarities.
The law states that an individual or legal entity that has received an amount of 10 thousand dollars or more in cryptocurrency must report this to the relevant tax authorities within 15 days, indicating the details of the sender of the cryptocurrency. But it is not clear here whether this means one transaction, or any several transactions for the specified amount from one sender. The article provides many other questions that will arise if US citizens try to comply with this law.

13
Cryptocurrency discussions / Re: KYC bad decision?
« on: January 05, 2024, 10:15:06 PM »
There is a certain risk in any type of business. Even by registering it with government agencies, we run the risk that our data may be used by unscrupulous officials. The requirement to undergo KYC verification is already a requirement of the time. As expected earlier, states are strengthening surveillance over cryptocurrency, primarily to ensure that it is not used for laundering “dirty” money and does not finance terrorist organizations. This will in any case happen where cryptocurrency is exchanged for fiat.

14
The article provides only data on the growth in the number of Bitcoins on the three leading cryptocurrency exchanges and at the same time records a decrease in the number of Ethereum on them. However, there is no comment on why this happens.
Typically, if a lot of cryptocurrency is transferred to exchanges, it means its holders are preparing to sell it. And vice versa, if cryptocurrency goes from exchanges to wallets, then their holders have no intention of getting rid of them in the near future. It is possible that if spot ETFs are not approved on January 10, then it is assumed that after that Bitcoin may fall in price for some time. Far-sighted holders expect to sell them in this case and then buy them after the fall. Well, ethereum will increase in price this year in any case.

15
This call on leading crypto exchange Binance will likely push it to delist Monero and other coins with high levels of privacy and anonymity. In recent months, this exchange has been clearly complying with the KYC/AML requirements that the state requires from it. In addition, information has emerged that this exchange provides US intelligence agencies with full access to the accounts of its clients and they can, at their discretion, suspend and block any transactions that they consider suspicious. Given the fact that some states are now banning such coins or significantly complicating the conditions for their circulation, I do not see any prospects for privacy and anonymity coins.

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