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Messages - Astra

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Bitcoin Forum / Re: Btc 100% in control of the market may not end

« on: December 12, 2022, 10:06:59 PM »

Quote from: Bobcrypto on February 09, 2022, 09:23:34 PM

I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

The cryptocurrency market is developing very quickly. But 13 years is in any case very short to draw unambiguous conclusions that Bitcoin will constantly control and dominate the price of altcoins. Altcoins are improving much faster than bitcoin, so sooner or later bitcoin will have to give up its position as the leader of the cryptocurrency.

Bitcoin Forum / Re: Russia says it will accept Bitcoin for its oil and gas exports

« on: December 12, 2022, 08:34:17 PM »

Quote from: yohananaomi on November 30, 2022, 09:13:06 AM

Quote from: Micky on November 29, 2022, 02:24:36 PM
If that happen. It'd be good for all of us. But I'm afraid Russia won't do this kinda thing. Russian government afraid people will use Bitcoin illegally. You know it's Russia they can do whatever they feel like. Let's wait & watch!
it is not easy to accept payments by changing the rules that have been made where the rules are made because they themselves doubt their inability to be able to control. maybe there will be other mechanisms that can make them able or able to trust the bitcoin transaction itself. we are waiting for that and i am the same as you my dear friend, that i am not sure that russia will use bitcoin, but we know that russia is capable of doing what it wants.

Russia has not stated that it will accept bitcoins as payment for oil and gas it supplies to other countries. Earlier, there were statements on this subject by individual officials, but after that the Central Bank of Russia directly stated that this would never happen, and after that, talk about the use of bitcoin stopped.

Now, in general, this option does not make any sense to consider after sanctions were imposed on the oil and gas industry and European countries refused to buy oil, gas and even oil products from Russia and set ceiling prices for Russian oil and gas. After that, they fell sharply in price and Russia is not able to sell them even with a 40% discount.

Cryptocurrency discussions / Re: The Red December

« on: December 11, 2022, 07:55:09 AM »

Quote from: TomPluz on December 06, 2021, 04:52:21 AM

Red is usually the color associated with happiness, festivities and celebrations and this is the main color associated with the year-end holidays as Christmas and the new Year are both approaching making us say goodbye to 2021 and welcoming the year 2022.

Yet, the cryptocurrency market is also now experiencing its big RED period and this is quite possible to be the main mood we can see this whole of December.

Do you think RED can be the pervading mood into the 1st quarter of 2022?

Unfortunately, the red color of the cryptocurrency rate was predominant throughout 2022. The fall in prices in the cryptocurrency market in December last year turned out to be not a correction, but the beginning of a long crypto winter, which continues to this day. We don't even know when this will all end. Although there are also optimistic forecasts for the near future. But it is probably not worth expecting good price changes this past year. As always, we are looking forward to next year.

Cryptocurrency discussions / Re: Is CBDC RUB in the Russian joke too?!

« on: December 11, 2022, 06:55:28 AM »

Quote from: MrSpasybo on October 16, 2020, 10:30:10 PM

According to an Oct. 16 report by local news agency Izvestia, at least five Russian banks are interested in taking part in Russia’s non-public digital ruble pilots in the first half of 2021.

2021 has already passed, and 2022 is ending, but we hear nothing about the appearance of a digitized ruble in Russia. Now they have definitely different problems in connection with the failed war in Ukraine and the threat of the collapse of Russia itself into independent republics.
Russia kept dozens of nationalities in obedience, which now, having felt the weakness of the central government, want to secede from the Russian Federation. Many held their own referendums on self-determination back in the 90s, but the will of these peoples was leveled by Moscow (the Chechen Republic of Ichkeria, the Republic of Tatarstan, the Republic of Bashkiria, the Republic of Kalmykia, the Republic of Buryatia).

Russia allegedly started a war in Ukraine so that the inhabitants of the Donetsk and Lugansk regions of Ukraine would have the right to self-determination. Now we will see how Russia will react to the same processes in itself. The two Chechen wars are clear evidence of such a reaction. But now Russia will no longer be able to brutally suppress such processes by force of arms.

Bitcoin Forum / Re: Coronavirus Lockdown Boosts Bitcoin Trading in Russia

« on: December 11, 2022, 06:08:43 AM »

It is the tenth month since the Russian attack on Ukraine. Its eight invading armies, along with all the best armored vehicles, are defeated by the Armed Forces of Ukraine. In this regard, in September, Putin announced a mobilization to save the situation at the front, but poorly trained and ill-equipped Russian troops only add to the number of casualties, which have already exceeded 126,000 people. Russia's defeat in this war is obvious, and its disintegration into a number of independent republics is becoming more and more real.
Although many predicted that Russia would use cryptocurrency to circumvent international sanctions for aggression against Ukraine, so far no such information has been received, and its Central Bank has directly rejected this possibility.

Bitcoin Forum / Re: Will Bitcoin remove all other altcoin from the market?

« on: December 10, 2022, 06:31:05 PM »

Quote from: 212 on July 18, 2020, 07:49:35 AM

Although only a few countries allow one digital currency as a transaction medium (Bitcoin). For me, this wouldn't be the reason that Bitcoin would remove altcoins. Altcoins also play a very important role in the development of the Crypto world.

Bitcoin is simply not capable of ousting altcoins from the market. Now we even see the reverse situation. There are already 22,000 altcoins on the cryptocurrency market and their number will only increase over time. Altcoins are growing due to the fact that they acquire new features that Bitcoin does not have. Therefore, the utility of altcoins increases. Of course, many altcoins are worthless and fraudulent, but they will leave the market.

Cryptocurrency discussions / Re: this is the longest bull ever

« on: December 09, 2022, 06:08:13 PM »

Quote from: Pacar Tiri on April 06, 2021, 08:57:36 AM

Off course current bull run is longer than before..I think It is really good for crypto currency market. Maybe there are several reason why crypto is more popular and has high demand. Because pandemic prohibited people to go.

And again, behind the high price growth of a potential cryptocurrency and the long bullish period of 2021, we are experiencing the same long and very low crypto winter, which lasts the entire current and close to completion of 2022. Anyone who sold their cryptocurrency at the peak of its price, or close to this value, received a good income. Those who were greedy and expected an even greater rise in prices for their cryptocurrency now regret and do not know if their cryptocurrency price will rise again to such values.
But I'm not sure about the suggestion made that with each new bullish period, its duration will also increase.

Cryptocurrency discussions / Re: Cryptocurrency Depression; the dark side.

« on: December 09, 2022, 12:51:43 PM »

This topic still remains relevant, as prices in the cryptocurrency market behave cyclically and these cycles of growth and decline change each other. And now, for a year now, this market has been dominated by crypto-winter. When working with cryptocurrency, you need to follow a few simple rules so that later you will not be disappointed in it. First of all, we should not invest too much money in cryptocurrencies. I don't like the expression commonly used for this - invest as much as you can lose. Any financial loss is still an irretrievable loss.
You should also sell your cryptocurrency if it has reached high price levels and is already generating good income. The expectation of even higher prices leads to the fact that the price then falls by 70-90 percent and may not return to previous highs.

Bounties & Rewards [BOUNTY] / Re: [🦊BOUNTY/SIGNATURE🦊] [Escrowed] Qidex Exchange - 75,000 QIDEX tokens (4 weeks)

« on: December 07, 2022, 07:51:24 AM »

Cryptocurrency discussions / Re: Just how bad is the bear market right now?

« on: December 07, 2022, 07:44:00 AM »

Quote from: Afony on September 24, 2022, 03:30:08 PM

I don't think the market is in a bad situation right now, and I don't dispute that the market has fallen a lot, but this is a chance to buy cryptocurrencies at low prices. Those who have been working with cryptocurrency for a long time know that they need to invest in cryptocurrency.

Prices in the cryptocurrency market rise and fall periodically. Moreover, it is well known that this market has the greatest price volatility of all existing markets. Prices can generally rise by 70-90 percent and also fall, and this is already considered, if not the norm, then at least not a disaster for this market. The current crypto-winter has already been long enough, which means that the market will soon recover. There are already good forecasts for a possible high rise in the price of bitcoin in the near future, up to 110 thousand dollars.

Cryptocurrency discussions / Re: Getting Rid of Fiat Money

« on: December 07, 2022, 07:26:16 AM »

Quote from: lovesybitz on December 06, 2022, 02:31:24 PM

Currently, it is very impossible to get rid of fiat in this era. Maybe if fiat ever goes away, they should first establish the internet around the world before it happens to remove fiat around the world.

Because until the internet is established worldwide, fiat will never disappear and cryptocurrency will still be secondary as virtual money in the whole world in my own opinion only.

In order for fiat to disappear, that is, the currency of states, it is necessary for the states themselves to disappear. However, mankind does not yet know another form of social organization, except for the union in the state. Therefore, as long as states exist, their currency will exist, which they will protect.
Cryptocurrency, if it does not want to be destroyed by states, or at least driven into deep underground, it is necessary to peacefully coexist with the currencies of states and take its place in the existing global financial structure.

Cryptocurrency discussions / Re: Many negative news/speculations can be a strategy.

« on: December 06, 2022, 05:49:39 PM »

Apparently, such a strategy really should work. But it can be used and probably is being used by players with good opportunities to influence this market. Because to launch certain false information, you need to invest a decent amount of money. But for whales, this is a good way to earn money. The cryptocurrency market is very sensitive to all kinds of bad and good news. Anyone who knows how to influence the market in this way should earn good money.

Cryptocurrency discussions / Re: Putin signs bill banning digital assets as payments

« on: December 06, 2022, 03:46:36 PM »

Quote from: Jaephoenix on December 04, 2022, 03:48:47 PM

Obviously Putin and Russia are a bit confused in relation to crypto and Blockchain integration. They seem to ban it today and love it tomorrow. This love-hate relationship is really getting Russian and even global investors confused and irritated at the same time

In Russia, politicians have said many different things about cryptocurrency, including a lot of good things and a lot of bad things. Putin also spoke a lot of contradictory things about her. But in terms of introducing bills to the State Duma, they will never be good enough for cryptocurrency. a Some directly refer to an article in the constitution of the Russian Federation, which states that the only means of payment in Russia is the ruble. Therefore, the Central Bank of Russia has always consistently opposed the legalization of cryptocurrency as a means of payment.

Moreover, this will not happen now, when Russia spends huge money on the war in Ukraine and still suffers a military defeat, and international sanctions only increase the collapse in its economy.

Cryptocurrency discussions / Re: Threat of World War III: Will Cryptocurrency Survive?

« on: December 04, 2022, 12:28:55 PM »

Quote from: ashraf786100 on December 02, 2022, 02:07:28 PM

The prospect of global conflict has an impact on every market in the globe, whether it is the crypto market or the physical market. It holds everyone in its grasp. Clearly, maintaining peace is essential to the growth of the industry.

The current established order of global security will directly depend on how Russia's military aggression in Ukraine ends. Existing international organizations such as the UN and the OSCE have shown complete failure to influence such military conflicts. They cannot make decisions quickly and are subject to reform. If Ukraine wins this war, then the situation with world security can still improve, and if it loses, it will entail other wars, violence and chaos. After all, any potential aggressor will no longer have any barriers to attacking weak states.

Incentivised Posting / Shill / Re: After FTX collapse, some call for a return to decentralized roots

« on: December 04, 2022, 12:14:50 PM »

Quote from: iamwarhawk on November 29, 2022, 06:28:15 PM

FTX incident woke everyone and told everyone nobody is safe in the crypto market and nobody can be trusted, I would recommend people relying on their exchanges is that keep your hard earned money in decentralized wallets or cold wallets, people using exchanges as their wallet is foolishness, on that money only that exchange has complete control no one else...

There will always be abuse in the cryptocurrency world because this market will constantly assume a certain degree of trust in others. Everything needs a golden mean. Pure decentralization of cryptocurrency will not save the situation either. Over time, market participants will choose the best option for doing this type of business.