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Bitcoin Forum / Re: Invest & Hodl Bitcoin!!

« Last post by Google+ on Today at 10:29:27 AM »

Quote from: Metha Wulandarin on May 02, 2024, 04:42:53 AM

Quote from: Mr. Magkaisa on April 28, 2024, 06:14:55 AM
- In today's time, there are many options for community investors to choose from to make a profit in this field of the cryptocurrency industry. Bitcoin is not the only thing that can give a good profit; let's just talk real. I don't have anything against Bitcoin; it's actually proven.

So if you really want to make a lot of money during this bull run, especially, bitcoin is only suitable for whale investors or big companies to get a big return on their capital. But for people who are not rich or in the middle, only altcoins are suitable for them if they want to get huge earnings in the crypto space. This is just my opinion.
If you look at the history of the market last year this year until the middle of the year the market will remain red until at the end of the year the market starts to show signs of an increase, if this scheme is the same as last year maybe finding profits from the Altcoin season is not too difficult.

Last season cannot be a benchmark for bitcoin price movements. Did last year's bullrun or ATH occur after before the halving? no, ATH was only created one year after the halving, so why was ATH created this year before the halving happened? So in my opinion, don't believe too much in existing history because cryptocurrency price movements depend on demand conditions in the market.

Economics , Sociology & Politics / Re: Will Cryptocurrencies be accepted in a Civil War Scenario?

« Last post by DrBeer on Today at 10:22:09 AM »

Quote from: electronicash on April 28, 2024, 10:21:21 PM

i just watched the Civil War 2024 movie, quite scary if it happens where you are in the middle of the wars of groups you don't wanna join.
there's a scene in the movie where they tried buying gas which when they said they have Canadian Dollar and the group of individuals who ruled that place accepted the money. it looks like Canadian Dollar is still sought after. i hoping to see crypto wasn't introduced there but none.

if we are in this kind of situation where the electricity is still on like its normal situation still and internet is accessible, wouldn't it make sense for the warlords to accept BTC and other crypto?

I live in Ukraine, and I know firsthand what war is like. I also have many friends and acquaintances who lived or had to live in the occupied territory or the territory destroyed by terrorist troops of a neighboring country. So I will tell you how it is in reality:
- Few people are interested in risky, illiquid assets. Everyone is interested in dollars, euros, gold, etc. assets that can be used to buy or exchange food, medicine, etc. goods
- The occupation authorities are always totally restricting and controlling all data channels - in occupied DNR, LNR, Crimea - all communication is totally controlled (from wiretapping to blocking data transmission), protocols are blocked (all messengers that are difficult to control are banned). For violation or attempts to bypass - very severe punishment, up to death.
- In destroyed villages and towns, there is no communication at all, and often no electricity.
- Banking systems, card accounts and transactions do not work. You simply will not be able to convert cryptocurrency into physical/fiat assets.

Therefore, in such situations - assets that are difficult to use and do not have high guaranteed liquidity and stable price are unlikely to become a substitute for stable currencies and gold.

Bitcoin Forum / Re: Has the bear market started?

« Last post by DabsPoorVersion on Today at 10:20:53 AM »

Quote from: Power420 on May 01, 2024, 12:26:50 PM

Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?

It's too early to say that we are heading to a bear market already. The halving has just finished, though, I'm not saying that we can see Bitcoin price rally again sooner. But we can't avoid this kind of scenario where the market will show what we call a healthy correction. Not because there's an expected bull run, we will never see any dump in price. It will still happen, some experts even says that to achieve a higher height, such correction is required.

Reputation, Scams & Phishing / Re: Yo mix scam for 1.6 btc

« Last post by taufik123 on Today at 10:19:33 AM »

Quote from: NotATether on May 02, 2024, 12:55:58 PM

YoMix has fallen off a cliff. Once upon a time, they were a good professional mixer. Now though, they have resorted to just scamming their users. Probably so that they don't get seized like Sinbad. Although I don't see how that would change anything since Sinbad was taken down without scamming anyone.

I am very frustrated by the actions that YoMix has done and the fact that they have a very good placement on Google Search and yet still decided to do this.

Even YoMix has become one of the popular signature campaigns since it first appeared and competes with other Mixer platforms.
It is unfortunate when it ends up with various kinds of problems like this, harming its users and not giving any response.

But why didn't Interpol investigate YoMix and the website is still active today, while Sinbad and several other mixers received warnings to stop business.

Tin tức tiền điện tử / Re: Hơn 3 tỷ đô la token được mở khóa vào tháng 5

« Last post by Trongduy on Today at 10:19:27 AM »

Quote from: KryptoBull on Today at 01:39:41 AM

Mỗi lần mở khóa token thường sẽ khiến cho giá token giảm xuống vì tăng cung đột ngột, lần này sẽ còn giảm mạnh hơn vì thị trường đang ở trình trạng khá tệ. Lúc này altcoins giữ được giá đã là mừng, bây giờ lại dính thêm đòn mở khóa hàng tỷ USD cùng 1 lúc như thế này thì giá sẽ khó mà giữ ở mức ổn định hiện tại được.

Em nghĩ những holders của các altcoins này sẽ phải vất vả để chịu lỗ trong ngắn hạn hoặc nhanh chóng cắt đi rồi mua lại ở mức giá thấp hơn. Tuy nhiên quyết định nào cũng có thể chứa rủi ro vì bán đi cũng có thể không có cơ hội mua lại ở giá thấp hơn nếu cá voi gom và đẩy giá ngay sau đó.

Em cũng lo cho những token sắp sửa mở khóa trong giai đoạn này: nếu tệ thì chúng sập giá và bị nhà đầu tư bỏ rơi để tập trung vào những token khác tiềm năng hơn trong thị trường. Những dự án mới có thể không đáng lo vì vẫn sẽ được cá voi chọn lựa gom và bơm trong uptrend, còn những token của dự án mùa trước, cá voi ăn được một lần rồi, bây giờ chẳng thèm quan tâm, giá hồi được đoạn ngắn đã bị xả xuống trong lúc thị trường sợ hãi thế này thì có thể nằm luôn ở vùng đáy, chỉ ngóc lên tăng được đoạn nhỏ trong uptrend mạnh nhất rồi sẽ lại cắm đầu cùng cả thị trường đi vào mùa đông crypto.

Bitcoin Forum / Re: is $60k the floor rate of bitcoin after halving?

« Last post by Litzki1990 on Today at 10:18:45 AM »

Quote from: SmartGold01 on April 28, 2024, 12:45:25 AM

Quote from: Primo1760 on April 27, 2024, 11:59:20 PM
Quote from: SmartGold01 on April 17, 2024, 03:05:42 PM
Does it mean that we are automatically going to witness another serious dip?
Currently the price of bitcoin isn't pleasing anymore and I would want someone to tell me if there's more possibility for the price to drop more dip or maybe it will limits to only 60k.

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments
It's been a few days since the halving and the market has been between pumping and dumping, but not much dumping.
There is no pump and dump in the market rather it has been moving sideways that is to say, market has been swinging between 60k to 67k since it finally achieved 73k as ATH we have never seen serious dip again neither do we see much rise above the previous ATH. We might likely see pump from ending of this year or mid next year.

Ever since the Bitcoin halving we have seen the price of Bitcoin hovering between $60k and $67k which means we are not seeing much change in the market during this period. However, yesterday the price of Bitcoin broke the support of 60k dollars and moved from 55k dollars to 57k dollars. When the market broke the support of 60K dollars and came lower, then it seemed that maybe the market will cross the barrier of 50K dollars and after crossing the barrier of 50K dollars, the market may do a big dumping, but the market is very stable now. Since the market has dumped a lot from the peak price, the market is expected to be more positive at this time.

Tin tức tiền điện tử / Re: Forbes gắn nhãn nhiều chain là ‘Zombie chain’

« Last post by Trongduy on Today at 10:17:23 AM »

Quote from: KryptoBull on Today at 01:49:34 AM

Những blockchain thế này chỉ chịu được 1 mùa thôi, đến mùa này mà không có ATH mới thì xác định là sẽ bị lãng quên, không có cách nào trở lại được vì thị trường đã có quá nhiều dự án mới tốt hơn, tiềm năng hơn, đáng đầu tư hơn chúng. Đến ngay cả những dự án của mùa trước như Solana và Avalanche cũng phải vất vả để có hoạt động của người dùng và tồn tại được đến hiện tại mới có khả năng tạo ATH mới, mang lại lợi nhuận cho nhà đầu tư và sống tốt trong mùa này. Em nghĩ những dự án zombie này biến mất đi cũng tốt, nhà đầu tư tập trung dòng tiền vào những dự án tiềm năng hơn, thúc đẩy thị trường tăng trưởng dễ dàng hơn.

Đúng như bác nói, em cũng nghĩ rằng sự đào thải những dự án kém chất lượng ra khỏi top 100 là cần thiết để nhà đầu tư không bị phân tâm, dễ dàng tập trung hơn vào những dự án thực sự tiềm năng và xứng đáng tồn tại. Zombie chain vẫn sẽ được vận hành nhưng sẽ chết dần chết mòn, tự nhà đầu tư tạo sóng rồi mua qua bán lại với nhau, bơm thổi mấy cái tin trong hệ sinh thái để bơi theo uptrend rồi xả vào đầu nhau trước khi có đỉnh mới chứ không thực sự theo được hoặc tạo ra trend lớn trong thị trường. EOS và NEO là những ví dụ điển hình cho những dự án zombie như thế.

Cryptocurrency discussions / Re: Keeping your seed phrase safe

« Last post by debra on Today at 10:16:27 AM »

Quote from: emmybd on Today at 05:02:00 AM

I have lost my seed phrases for a couple of times. Consequently, I have also lost my assets. People use different ways to keep seed phrases safe. If you keep it in your computer then if your computer breaks down, you are in trouble. There is also possibility that your computer may get hacked. Other ways such as keeping it in hardware wallet or writing it down on a page do have some advantages and disàdvantages.

Exactly, when we lose the seed phrase, we will lose our assets. That's why we need to be very careful to save the seed phrase. And it is recommended to keep the data of seed phrase in some places. So, when we lose the data in one place, we still have another data in another place. Sure, the computer can be hacked, too. We don't keep it carelessly.

Cryptocurrency discussions / Re: Are you buying now?

« Last post by debra on Today at 10:11:54 AM »

Quote from: kulkhan on April 28, 2024, 10:25:44 PM

Yes i am still buying now. Now Bitcoin and others cryptocurrency price is reasonable i think. Now Bitcoin price near About $63k. But we know after halving bitcoin block mining speed decrease. So i think within few month Bitcoin price will increase there has no doubt. When bitcoin price will increase then altcoin price also increase. So i think if anyone buy now he will be profitable in future. So till now i am buying and holding Bitcoin and some Altcoin.

The price of Bitcoin has decreased to $56k yesterday, but it increased again to $59k today. If you keep buying at $63k, you must keep buying at this rate. Sure, the price of Bitcoin looks okay to buy but we don't hurry to buy because the price of Bitcoin may drop more. I think the price may drop below $50k if there is bad news in the next few days/weeks.

Economics , Sociology & Politics / Re: Future of jobs is highly uncertain!

« Last post by DrBeer on Today at 10:11:15 AM »

This process is nothing new. Humanity has already gone through similar scenarios, from mechanization to industrialization, when new technologies expectedly implemented mechanisms to reduce personnel costs and/or increase labor efficiency. Similarly, the big language model + neural networks, erroneously called "AI", will replace some professions. It's called progress and development of the world. Unfortunately, due to such developments, some people/specialties may not be in demand. Taking into account that the modern world has become much more volatile, it is necessary to prepare for such events in advance - learn new specialties, build your business, form passive income, invest,....