The old traditional people, will definitely use this, and they will definitely buy BTC and will hold into this exchange I mean this platform is in existence since 1898, Can you believe it? But I am quite disappointed to see the number of people using it, the people are way lesser then the tier 1 exchanges you aforementioned, so collectively the volume would be more on these tier 1 what you think?

Hi Faisal

"To trade on the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME), you must be a member of the exchange.

To be an individual member of CME, you must be an adult with adequate financial resources to assume the responsibilities and privileges of membership and possess good moral character, a good reputation, and business integrity."


The requirements for trading in the CME are higher than for Coinbase.
You and me can register and trade on Coinbase, not so on CME.

CME trading - I guess - is more for institutions - companies -, not individuals.
Trading of one single bank can produce much more volume than 2.000 Faisals and Peters 

Yes, I think they just dream that the price of bitcoin will fall to $20K, in fact according to my predictions it will be difficult for the price of bitcoin to fall below $50K, because miners will lose money if the price of bitcoin is below $50k during the halving, because their reward is cut in half. and whales will not let the price of bitcoin fall below $50K

Those who want the price back to 20k are the ones I think they missed out on buying at the low a while back, and now they're saying that so they can take advantage this time.

Actually, things like this don't only happen now, even in previous years there were also many of the same narratives as the ones we hear now. Maybe we can only listen to it with a smile, especially since we are one of the people who enjoy the increase in bitcoin prices.

Quote from: ajiz138 on May 16, 2024, 09:37:10 PM

There's no mistake, most of us will definitely say the same thing, namely that Manchester City will be able to defend their title this season. They have a great chance and in my opinion it will only be great luck if Arsenal can finally become champions.

Their opponents overall are not difficult opponents, and you are right that their victory against Tottenham was the key that ultimately placed them as the biggest favorites in the remaining matches.

Manchester City has come from a very far journey, if they are going to lose this league title, they would have done it a long time a go, they also could have done it when they met with Tottenham but they trashed Spurs like they are ever ready for any team that comes there way, there last match is going to be incredible and Haaland will make sure he finishes with some extra goal for his golden booth.

Arsenal has tried this season, it was them and Liverpool that was pushing so far but Liverpool gave up along the line and even without the trophy, Arteta was able to break winning matches in this season that Arsenal has never did before, next season will be better and stronger.

Maybe it will be a different story when they are still in the Champions League, because they will definitely focus more on the Champions League. However, they had to be eliminated there by Real Madrid, so they maximized their chances in the Premier League this season.

Arsenal can now only hope for luck that they can become champions, because their fate now lies with the team that Manchester City will face in the final week. Arsenal will definitely be on the opposite side of Manchester City.

That's a reasonable price for Bitcoin to $100K because looking at the previous history of ATH after the halving there was a spike afterwards but taking $100K is a reasonable price even though I know it will probably be more than $100K.

When the bullrun comes, there will be many projects that come to the exchange and CMC because of the hype that is happening they will only take short-term profits so I don't dare to invest too long in new projects, when the bullish period is over, usually tokens like this will drop dramatically.

Most of them take hype moment awhile by short term profit taking, I think many new comer or project come to market when bullrun moment and then selling their assets after raising higher without too much expected for bitcoin reach more than $100k. I think every personal or institution get difference way for investing in bitcoin, most of them interested with short term and take hype moment when bitcoin on bullrun position.
I don't think its wrong because they will buy back later when bitcoin has lower price and repeat their investment way how to increasing profitable in short term.

Quote

Re: Are Bitcoins a good investment?

Thread has been created 4 years ago, but there's still a question until now regarding Bitcoin being a good investment.
Hmmm, I think it will depend on your decisions. It depends on 2 scenarios.

1. If you risked your money and bought it during the bear market, in a few years, you will make your money hence, you will say that it's a good investment, right?
2. If you followed what some investors are doing which is getting FOMOed and will buy when the price of Bitcoin is already near its peak price, you might experience losses especially when the price goes down a few days to weeks after that hence, you will say that it's a bad investment.

At the end of the day, it will all depends to what we are doing. Some can say it's a good investment. Some will say it's a bad investment. It will depend on their decisions and their experiences.

That's right. But if you can only have enough patience to hold your Bitcoins until the price came back at your buying price after it went down then probably you can say it's still a good investment. It's because your money will be more valuable in a just a couple of years based on the history of Bitcoin. Some people only experience losses because they can't handle anymore the losses. So if you have enough knowledge in Bitcoin, knows how to analyze the market, then you can say that Bitcoin is a good investment. Not all coins can survive in the long run.