The executive summary here is three parts.

Number one: The bill they are trying to pass is dead in the water (at least as long as there is a republican-controlled House, although it goes on to show that if Democrats take control of it, they will use it to completely destroy crypto privacy).

Number two: This bill was co-authored by SBF's brother. Let that sink into you for a second. It underscores why SBF deserves to rot in jail for an eternity. He does not care about crypto, but he is for "Big Government".

The third and most important thing is that the lawmakers is just going to automatically assume that mixing == money laundering and not change their opinion about it, as if a bunch of stuborn 10-year olds are writing the laws! It doesn't matter what sort of explanation or analysis you give them, it's "guilty unless proven innocenent" and it fits into their sinister plan to strip every crypto user of financial privacy worldwide.

BTC mixing is a serious problem in this market and we still haven't found the most appropriate way to view them. Many people support Mixers because they care about anonymity, but many others also oppose Mixers because Mixers can be exploited by criminals. Personally, I just want BTC to be more widely accepted, which means BTC needs to comply with anti-money laundering laws. I don't want BTC to be delisted from CEXs like many other privacy coins in the market.

I also don't find this proposal feasible, it could affect many investors in the market, they cannot guarantee that every satoshi in their account has never been involved in crime or Mixers. I just hope that the lawmakers can find a way that is both effective in limiting money laundering through Mixers and protecting the rights of users. Of course, I also know that this is a complex issue

If you only want to keep your money safe and don't want to use that money much, I suggest you to use different crypto wallets to store your money. But if you want to use your money to do different things or buy or sell different coins then you must use exchange. Most investors don't deposit their money so they keep their money in different exchange wallets. You can also deposit your money in different exchange accounts like them but before depositing you must be sure that the exchange you are depositing money in is safe.

Yeah, many investors are storing their crypto assets on CEXs to participate in saving + staking + IEO, which is not as safe as self-custodying crypto in a personal wallet but it is very popular. Everyone wants to earn income while holding crypto, including stablecoins, and CEXs all have proof of reserves and are quite secure. Binance even has SAFU to be ready to compensate users for losses in many cases.

The only problem is that investors should choose the most reputable CEXs and spread the risk by using multiple CEXs. The collapse of Mt.Gox and FTX is the best warning for all users, after all, CEXs are just a place to trade, not a place to store too many assets.

From the Begaining we saw after bitcoin halving Bitcoin's price increased. So i think in this halving bitcoin price will also increase, i strongly believe it. History below :

2012= Bitcoin price $12 at halving, After one year bitcoin price were $964.

2016=Bitcoin price $663 at halving, After one year bitcoin price were $2550.

2020= Bitcoin price $8740 at halving, After one year bitcoin price were $55801.

2024= Now bitcoin price is $63300 at halving after one year bitcoin price...........?

Everyone can discuss here after one year thats means after one year from this halving what will the Bitcoin price? Discuss your prediction.

It's fascinating how we always want to predict the future price of BTC, especially in the 12-18 month period after halving because it is expected to be the time when BTC will reach the ATH of the entire cycle.

Many new things have been created in this cycle, for example, a new ATH was created before the halving, so it could come with the possibility that the cycle will end a little earlier than in the past cycles. Anyway, I believe that at an important and sensitive price zone, investor reaction is still extreme and helps turn that price zone into the top of the cycle.

I myself still expect BTC to create an ATH for this cycle at $150K-170K, possibly in early 2025. At the same time, this expectation also makes me believe that the current price of BTC is very attractive to continue accumulating instead of panicking out of the market just before the bullrun.

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• BTC ATH in 2025 prediction: Elliott wave & Fibo Retracement ~$160K

Quote from: 0t3p0t on May 08, 2024, 03:35:34 PM

Quote from: bisdak40 on May 02, 2024, 07:56:36 AM

Quote from: jeraldskie11 on May 02, 2024, 05:37:08 AM

Baka isipin ng karamihan na ito na ang magiging weak low bago mag-explode ang presyo ng Bitcoin. Pero marami pang zone na posibleng puntahan ng presyo kase may mga imbalances pa na hindi pa nafifill. Tingnan nyo sa $45k na presyo, posible talaga yan puntahan. Kaya mainam din na DCA ang gagamiting strategy, huwag agad ubusin ang funds baka may ibababa ang presyo.

Nakakagulat talaga ang presyo ng bitcoin sa ngayon lalo na kung ikaw ay baguhan sa pag-invest gamit ang bitcoin siguradong mai-stress ka sa kakatingin sa mga pulang chart pero tama ka kabayan, gumamit lang ng DCA para kahit papaano ay hindi masyadong malayo or medyo makakabawi pa tayo kung aangat siya ng kaunti.

Yeah, kung ayaw ng stress kabayan the best na choice ang DCA kasi regardless of rice movements safe sya gamitin di tulad nung talagang lalaruin mo ang market medyo makakahilo lalao na kapag wala tayong masyadong knowledge about technical analysis tulad ko hinuhulaan ko na lang yung next na movement eh kaya panay luge. 😅

Effective talaga ang DCA hindi lang sa wala masyadong kaalaman sa pag-aanalyze sa market pati na rin sa mga may alam talaga. Mas malaking advantage naman kasi yung gumagamit ng DCA kahit alam naman talaga nila mag-analyze sa market kasi mas napapalaki ang probabilidad na magkakaprofit ka at mas napapaliit ang risk. Minsan kasi nahihirapan ang iba gumamit ng DCA kasi maliit lang funds nila, kaya ayun imbes na kumita kahit konti, nalugi pa ng malaki.

Oo at walang kahirap hirap nga sating mga non-technical pagdating sa mga trend line or technical analysis. Basta may budget ka every week at bibili ka in average at swak na budget mo then HODL lang ng pangmatagalan eh tingin ko maganda ang magiging profits nito in the future.

Problema lang na nakikita ko eh kung wala kang tyaga sa pagbili at i hold ng matagal o kung tumaas ng konti eh benta ka agad.

Kaya dito sa DCA matibay ang mentality mo week after week or month after month na pagbili.

Nice to see that. You actually the first person I see who is already experience and keep using demo account for some purpose, while many use it for few minutes as a tutorial and jump to making first deposit. So you use demo account - can you predict trend change to bull run with it? For a long time I had a very tricky question in my mind - is it possible to make any kind of prediction about meme coins by using demo account?

In addition to me, many traders in the community are also using Demo account for purposes beyond learning how to use the features of CEXs, as learning technical analysis is a long-term journey throughout our careers. It would be great if we could save on learning costs by using Demo account to experience the process of analysis + prediction + order placement + result evaluation.

Demo account is just a tool to experience the market for learning purposes, it is not a way to make predictions. Predictions depend on the market analysis method that the trader uses: RSI, MACD, Ichimoku... This is also similar to memecoins, I believe that a exp trader can make a profit from trading memecoins.