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Messages - Alcor

Pages: 1 2 [3] 4 5 ... 166
31
However, the article does not indicate which candidates for the US Congress they are going to support. This is probably due to the fact that the election race is just beginning and potential candidates have not yet expressed their attitude towards cryptocurrency. The mechanism and timing of the transfer of the collected $78 million are also not entirely clear. Apparently, the money will be transferred to support already elected congressmen who support cryptocurrency. Well, it's an interesting initiative.

32
True. Cryptocurrency markets can function without direct government authorization due to their decentralized nature, facilitated by blockchain technology.
I live in Ukraine and its government has always been favorable towards cryptocurrency. At first, several bills even appeared that provided for a zero tax rate. But now Ukraine is going through difficult times, repelling the invasion of the racist army. Therefore, a tax on profits from cryptocurrency will most likely be introduced. In the meantime, cryptocurrency circulates absolutely freely in Ukraine.

If desired, the state and its government can greatly influence the circulation of cryptocurrency if it strictly controls exchanges and exchangers. You can send cryptocurrency to each other without government permission, but then you still have to go to exchanges and exchangers.

33

Russia actually wants peace and doesn't want to cause a commotion that causes a nuclear war, but as usual, America often triggers wars and even influences other countries to start wars, including influencing Ukraine. With the occurrence of war, the purchase of war equipment will increase, and it seems that there is someone who arranged all this so that every country started buying war equipment. Imagine when war equipment is bought and destroyed, then the money used is meaningless, even cryptocurrency.
You probably forgot that it was Russia that attacked Ukraine and is trying to occupy its territory, destroying Ukrainian cities along the way and killing civilians. If Putin wants peace, he can end the war any day if he orders the withdrawal of Russian troops from Ukraine. Ukrainians are only defending their freedom and independence. They have no other choice than to defend themselves by killing the Russian occupiers who came with weapons in their hands.

As for weapons and their production, Russian military equipment showed very poor performance in this war. Therefore, many countries refuse to purchase Russian military equipment. Conversely, the weapons of NATO members, which arrived in Ukraine in small quantities, turned out to be much more accurate and longer-range. Therefore, military factories of NATO member countries are already loaded with orders for many years to come.

35
Bitcoin Forum / Re: Why is bitcoin stability important?
« on: December 23, 2023, 09:26:12 AM »
Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion?

What are you actually talking about? Is it to make the price of Bitcoin stable or what? Bitcoin is a very volatile asset and can not become a stable coin.
If we are talking about price stability here, then Bitcoin, like all decentralized cryptocurrencies, cannot have a stable price. High price volatility is an integral element of the cryptocurrency market and this is what attracts both traders and cryptocurrency holders to this market. Cryptocurrency will always have high price mobility because it has no regulatory authorities in this regard. The price of Bitcoin and other cryptocurrencies is formed only on the basis of supply and demand, and these values tend to constantly change.

36
Cryptocurrency Trading / Re: How do you like AI for trading crypto?
« on: December 23, 2023, 09:07:11 AM »
The discussion around the collaboration of AI and human judgment in crypto trading is crucial. It's evident that AI offers unparalleled advantages in terms of speed and data analysis. However, acknowledging the irreplaceable qualities of human judgment, such as experience and intuition, is equally important.
I wouldn't trust the AI to trade my cryptocurrency just yet. For now, I prefer to observe how this will work out in artificial intelligence. It has certain advantages, but, in my opinion, it cannot take into account the entirety of informational factual data that only a person can take into account. However, AI can certainly make good decisions in the field of cryptocurrency trading.

37
I very much doubt that in two years Bitcoin will rise in price from the current 40 thousand dollars to one million dollars. I don’t think that such a price for Bitcoin will ever be possible. We know that the price of Bitcoin is very volatile. If it grows, say, to several hundred thousand dollars, I wonder who will continue to invest that kind of money in its purchase, knowing that after some time its price may fall very quickly. One hundred thousand is still a realistic price for him. A million is too much. And states are unlikely to be outside observers of how currency flows into cryptocurrency and will do nothing to prevent this process.

38
Indeed, most likely, people do not have sufficient information on how to correctly calculate their profits in cryptocurrency and pay tax on it. In the United States, tax evasion is considered a serious crime. Therefore, it is unlikely that nearly half of Americans will deliberately expose themselves to the possibility of criminal prosecution. Apparently, this is a shortcoming of the tax authorities themselves. But this is really interesting information.

39
Both sides are exhausted . But unfortunately, the goals of this special operation are unclear, and the further we go, the more we see an unwillingness to make peace and sit down at the negotiating table.
The invasion of the main military forces into the territory of another state in order to subjugate it to their will has always been called war and will be called so, despite the fact that Putin and his supporters are in another virtual world and, in order to convey their true intentions, they call things by other names.

Now Ukraine has been defending itself from the superior forces of the Russian occupiers for the second year. If anyone has not yet understood, Putin is trying to seize the territory of the entire Ukraine and destroy it as a state. Before the invasion, he also said that such a nation as the Ukrainians does not exist, and therefore intends to force the Ukrainians to be called Russians by force, through repression and massacres. Until Putin abandons these intentions, there can be no negotiations. Putin has already included several regions of Ukraine into the Russian Federation. What can you talk to him about then? The threat looms not only over Ukraine, but after the conquest of Ukraine, the Russian army will not stop there. Further, the threat of a similar invasion will loom over Moldova, Georgia and the Baltic states - Litaoi, Latvia and Estonia. This has finally been understood in Europe.

40
Ethereum Forum / Re: Ethereum Hit $7000 in 2023?
« on: December 21, 2023, 05:50:52 PM »
By the end of the year, Ether will be able to reach up to $ 7000, if only the market starts to recover very well.
The current year 2023 will end in ten days, and the price of Ethereum remains at $2,200. This coin has virtually no chance of growing to $7,000 this year. But next year, due to the upcoming Bitcoin halving, this price is quite achievable. I even hope that this time Ethereum will rise in price to $10,000.

41
Ethereum Forum / Re: Why is Ether (ETH) price up today?
« on: December 21, 2023, 05:40:03 PM »

Ether (ETH) surged today, propelled by growing institutional interest and positive sentiment in the cryptocurrency market. Increased adoption of decentralized finance (DeFi) platforms and the anticipation of Ethereum's upcoming network upgrades, including Ethereum 2.0, have bolstered investor confidence. Additionally, a broader market rally and favorable regulatory developments have contributed to ETH's rise. These factors collectively fueled demand for Ether, driving its price higher in today's trading session.
I see that today the price of Ethereum is $2,227. It has been at this level for some time now. I wonder how she will behave during the Christmas and New Year holidays? Usually, due to the upcoming holiday expenses, the price in this market drops a little.

42
The cryptocurrency market is very difficult to predict in terms of its price growth, especially in the short term. Therefore, it was not surprising that your forecast turned out to be wrong. As you know, Bitcoin, like all cryptocurrencies, has a very high degree of price volatility. If it enters a price peak, then its price growth will certainly follow. The only question is when this will happen.

Currently, the price of Bitcoin is over $42,000. After the halving next year, its price should at least double, given that it already reached above $69,000 in November 2021.

43
You don’t need to be a great visionary to predict the development of the cryptocurrency market and the rise in prices of potential altcoins in the long term, and primarily the Ethereum coin. The main thing is that states as a whole have accepted cryptocurrency into the general global financial system and the only question is to optimize the adaptation of this market in the current financial world and under what conditions this will happen.

Cryptocurrency has great advantages for its use by citizens of any country and therefore its liquidity will grow even with minimal support from government agencies.

Ethereum is the most famous and most feature-rich altcoin with a good team and this ensures the further development of this platform. Many predict that over time, Ethereum may well displace Bitcoin from the position of the leader of the cryptocurrency. In the last bull season, the price of this coin reached $4,700. Next year after the Bitcoin halving, Ethereum should far exceed its previous price record.

44
The statement "Crypto Market on the Rise, But Proceed with Caution" highlights an important aspect of investing in cryptocurrencies. It serves as a caution which says rewards comes with risks. So the investors should exercise diligence & prudence in their crypto investments.
Working with cryptocurrency always involves a certain degree of risk, because this market is very specific and its price movements are quite difficult to predict. Recently, the cryptocurrency has risen in price quite well. Bitcoin exceeded $40,000 and other potential altcoins followed suit. But there is still enough time before the Bitcoin halving, and on the eve of a big growth, whales almost always provoke a market decline. This must be remembered.

45
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