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Bitcoin Forum / Re: Future of Bitcoin
« Last post by rizqillah on Today at 01:16:35 AM »
The bitcoin technology is in our hands, we have the right  of making decision on how we want to have its impact on our lives, if we go by in the continuation for its adoption, then its going to be sustainable for us to use, but when people are not supporting the use of the technology and there is no increasing rate of adoption over the coin, then it may not be as that easy for us to see it getting to the right peak it could have attained if there were more bids for adoption, so we determine the future and how it stays to remain relevant through our adoption.
For now only people who have high confidence in Bitcoin are interested in adopting Bitcoin because some people think Bitcoin is too expensive even though Bitcoin has great potential to reach the price of $100k.
The potential for Bitcoin's price to become more expensive than today will always be there, as you said Bitcoin has the potential to reach a price of $100K. Maybe that could happen this year, possibly in Q4 this year. So if you still have bitcoin, you should hold it and if you have free funds, you should buy more bitcoin.
2
The way the market is,  I don't think the price will increase in anytime soon and instead it is reducing. And now it as set a price of $57k to $59k range. And there is possiblity that it will be like that for sometimes before it will break out to the next bull market again. So this another good time to buy bitcoin and hodle but this might be a short term investment for those who are interested to invest for short term.
You're correct.
I think Bitcoin is tryna give investors another chance and opportunity to buy before the next bull run kicks in.
Bitcoin price might just indeed decide to stay in the $57k-$59kish range, or it could even decide to go lower than that. I know fully well that this is going to cause a lot of panic and stress amongst investors but it's important to know that one should already be prepared for any price movement at this phase of Bitcoin
3
Bitcoin Forum / Re: is $60k the floor rate of bitcoin after halving?
« Last post by Baofeng on Today at 01:14:46 AM »
The way the market is,  I don't think the price will increase in anytime soon and instead it is reducing. And now it as set a price of $57k to $59k range. And there is possiblity that it will be like that for sometimes before it will break out to the next bull market again. So this another good time to buy bitcoin and hodle but this might be a short term investment for those who are interested to invest for short term.

Yeah, this is probably the best that we can do as the price goes below $60k right now. Continue to accumulate as much as we can, buy and HODL. And as per the subject, it's obvious by now that when we thought that we have seen the worst or at least $60k becoming the stronger support line, it didn't and price fall.

Short term for now will be at least at the end of the year. And by the looks of it, we might go over this bear mentally and then zoom in in the last quarter for a push in this bull cycle.
4

Are you serious now? Even the top ones shouldn’t be trusted, there are a lot of precedents. You should keep there exactly as much as you think you need for trading. Everything else is not in any case. And the point is not even that the exchange can be hacked, the exchange itself can stupidly freeze your funds in connection with any proceedings.
Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter.
I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.
Even though the stock exchange has the authority to freeze every fund we have, they will not be careless because it could have a negative side for themselves, so that many people move. Of course, the stock exchange that has been started well will be abandoned. It is not as easy as they think.
I agree, there is no suggestion using the stock exchange as a place to store your funds for a long time, because at any time the stock exchange may experience unpleasant developments so that your funds are lost. It is still safer in your wallet.
The exchange cannot freeze user funds at will without a clear reason, because this is a reputational issue for the exchange. If arbitrariness occurs, it will cause many users to move to look for a better exchange. as you said. They have to carry out an investigation, not just a guess because the consequences could be fatal
5
Binance Coin (BNB) / Re: How strong is the Binance coin?
« Last post by rizqillah on Today at 01:08:47 AM »
Everything needs a process, friends, so Binance must always think about this. If they want the price of BNB to be high they can burn their BNB supply, but will it last long because altcoins will always follow bitcoin. So the policy implemented is correct by holding a launchpad event so that the BNB coin can remain stable and not decline sharply
It is indeed not easy to keep BNB prices stable or increase prices without a launchpad event like this. The process carried out by the Binance platform makes it easy for BNB to always have high demand.
Yes, what Binance is doing to keep demand for BNB always high by holding a launchpad event by requiring BNB coins is a policy that is encouraging for BNB coin holders. This will have a good impact on the coin, I am one of the BNB holders although not many
When you have a very large amount of assets in the form of BNB, you can make good use of it by contributing to the Binance Launchpad or you can also stake to keep getting passive income every month.
Having large assets in the form of BNB is also a good thing, because we can follow the launchpad there. The BNB coin is quite stable and moves according to the performance of BNB, I'm not saying this is a stable coin.
And I have no qualms with this coin. Because there is Binance behind it.
6
Binance Coin (BNB) / Re: I Am Now Into BNB: Happy, Hoping, Doubting
« Last post by rizqillah on Today at 01:06:07 AM »
That's why we have to do research and make an analysis before investing, so that with limited funds we can make a profit and not lose due to wrong investment. Caution and experience are the main capital in investing.
Exactly, as you said, by doing research before investing, at least we know the risks that might occur and know what coins are good to buy and keep for the long term. But I prefer to still choose Bitcoin as a long-term investment.
If we choose Bitcoin for the long term, we must also have experience when it is bearish and when it is bullish. Don't just buy and hold for the long term if you want to make big profits. because holding also requires research and analysis so you can do it at the right time and of course buy coins that really have potential such as bitcoin and ethereum
I don't want to think too much about other coins that require various kinds of research, I believe more in bitcoin and always grow the bitcoin assets I have as much as possible. Bitcoin is very suitable to be stored for a long time because the influence of Bitcoin's very limited supply and high demand is a very important consideration for storing it for a long time.
Bitcoin is the priority coin of investors, they choose to invest in bitcoin as their main coin. ethereum, BNB, solana are second priority. I also have these coins and I will really hold onto them until the target is met. Even though the market is correcting this time, I will continue to hold it until the end of this year
7
4 months because he cooperated fully with the authorities and paid billions in settlement, i don't think anyone who was interested and followed this case closely would be surprised by the sentencing, maybe he could have got a few months in addition, but that is that.

Who could be next in the list of crypto service owners to be arrested and prosecuted?

If my memory serves me right, SEC has a pending case against Coinbase?

So most likely they will focused their attention against Coinbase, but the thing is that Coinbase is not going to back down from them and even got many support from crypto enthusiast.
8
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9
Reputation, Scams & Phishing / Re: Yo mix scam for 1.6 btc
« Last post by Silentbob on Today at 12:49:28 AM »
I'm based in Ireland so I will check were very far behind in regards to crypto so I'm sure mixers are legal here if we all email [email protected] with that domain it will be taken down for sure
10
think a Social campaign might be more suitable in helping MixTum reach potential users on social media.

I don't think anyone seeking a privacy platform would seeking social media to get information about it.. I wouldn't .
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