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Messages - Senin

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16
Bitcoin Forum / Re: the Bitcoin price in 2023 and 2024 of difference..
« on: January 05, 2024, 01:05:23 PM »
In 2024, the price of Bitcoin is $44,000 at the beginning. On the other hand, looking at the year 2023, it can be seen that the price of Bitcoin was around 16 thousand dollars. I think the value of Bitcoin will gradually increase in 2024. And in the middle of 2024, I think the price of Bitcoin can reach 60 thousand dollars again. By the end of the year, before 2025, I think the price of Bitcoin will exceed 70 thousand dollars. Because the price of Bitcoin has started a bull market rally again.
I slightly disagree with you. Firstly, there will be no smooth increase in the price of Bitcoin. Especially this year, 2024. Bitcoin has always been characterized by high price volatility. So, today the price of Bitcoin again dropped slightly to $43,757. And in the period before the halving and for about six months after it, whales usually arrange price swings in this market in order to make the greatest profit.

Secondly, Bitcoin’s good growth is observed approximately eight months after the halving, that is, the peak of price growth is expected in late 2024 and early 2025, after which its price should fall relatively quickly. The price of Bitcoin by the end of 2024 and the beginning of 2025 could rise to one hundred thousand dollars or more, but by the end of 2025 it should fall again. Of course, this does not mean that this will definitely happen. The cryptocurrency market is very difficult to predict. It is influenced by many factors in our material world.


17
Hello guys. I know we are all knowledgeable about the ongoing brutal war in Europe between Russia and Ukraine. Without venturing into the politics, what do you think the long term effect would be on crypto
it is still running now and that is the sad part, its been on going for more than a year now and still people are dying , livestocks are being abandoned and family are beign scattered to save their own lives.

How can we help ending this? and how can we act to make a better outcome as we knew that we are all the victims here , not the russians and not the Ukranian but the whole world is affected.
Next month it will be two years since Russian troops have been fighting to seize Ukrainian territory. This is the most brutal and bloody war in Europe since World War II. The fact that the international community has not yet stopped Russia is primarily to blame for the UN, which in fact does not fulfill its function and thereby stimulates the aggressor.
Yes, the whole world is suffering due to the inability to fulfill many concluded contracts, but Ukrainians are dying in the thousands, and the occupiers are turning many settlements of Ukraine into ashes and a pile of construction waste.

Cryptocurrency as a whole is not in danger if the war remains local. But most states are gradually being drawn into it, since it affects the interests of almost all states.

18
I read the article indicated in the link to find out exactly what actions of US leaders, according to Robert Kiyosaki, will lead to catastrophic economic consequences in the country and depression. I was also interested in what kind of possible war he meant and with which country or countries. But I can’t find anything specific in the article, just general phrases. Apparently what caught the OP's attention was his recommendation to prepare for these problems in advance by buying Bitcoin along with gold and silver.
But if the war escalates into a global war and engulfs most states, then I’m not sure that cryptocurrency will survive.

19
This is probably the last argument of Trump, who is using every opportunity to return to the presidency of the United States. Trump is not an economist, so these claims of a great depression if he doesn't win the election should be taken with a grain of salt. At the same time, the US economy, like most countries, is not in the best position. For Trump himself, the threat that someone else might be removed from the election has increased. Already two states, Colorado and Maine, have banned Trump from participating in the elections due to his role in the attack on the Capitol on January 6, 2021.

20
Russia has been waging a war of aggression in Ukraine for the second year. They write about forty thousand demobilized former prisoners who served at the front for the agreed six months. They, as well as others who returned from the Ukrainian war, are carrying with them many different weapons. And not only them. A country in a state of undeclared war is quickly becoming saturated with weapons, so serious crimes involving weapons will increase. This is absolutely inevitable for Russia. The situation will worsen as the war continues and mobilization intensifies.
In this case, it is a little unclear why the attackers did not demand a ransom in cryptocurrency. They probably didn't know how to handle her.

21
Trump is now going through a very difficult period, which requires a lot of expenses. He again wants to regain the position of President of the United States and his chances were quite good recently. However, a few days ago, the Supreme Court in Colorado banned Donald Trump from running for Supreme. A Colorado court has ruled that Donald Trump is ineligible to serve as president of the United States because of his actions in inciting the attack on the Capitol on January 6, 2021. Trump's lawyers plan to appeal the decision. In addition, several criminal cases have been filed against Trump, so he has a lot of problems and financial waste as well. Apparently, the turn has come to cryptocurrency.

22
Zcash (ZEC) price is $28.48 down by 1.59% (1d) and Dash (DASH) price is $32.65 down by 0.60% (1d)

These coins were not affected by this news, although the reaction is expected to be negative in the future.
It's a call to developers and investors that it's time to move to DEXs if you care about your privacy.
You are right. DEXs seem to be the only right choice left for everyone concerning their privacy. but the projects got delisted are Coins. not Tokens. and there is no any good DEX that supports Coins like these. Almost all tex only support Tokens that are compatible with EVM wallets.

I think these are the memecoins
No man. they are not memecoins. I think you didn't check the delisted coins names.
the tokens delisted are Dash, Zcash, and Monero. they are well-established Cryptocurrencies.
Monero, Zcash (ZEC) and Dash (DASH) are the most famous types of cryptocurrencies with a high level of anonymity. I see that it was coins with a high level of anonymity that suffered in this case. These coins have long fallen out of favor with states and over time they will only increase this pressure until these cryptocurrencies become illegal or disappear completely. We need to take this into account and determine our choice.

24
Bitcoin Forum / Re: BTC failing as a payment method
« on: December 31, 2023, 10:45:28 AM »
The current state of the bitcoin network is very disappointing to be honest and also say the least, but then, I do not think bitcoin has failed or is failing as a payment method.

L2 version of the bitcoin network exists for a reason, and that is to handle the micro payments of bitcoin, but the issue right now is that, many are yet to start using it, most don't even know that such facility exists for bitcoin, which is, instead of transaction on the L1 bitcoin network and paying exorbitant fees, one can easily use the lightening network to enjoy cheap and faster bitcoin transfers globally.

It's time we start looking at the L2 bitcoin network as a possibly solution to the high transaction fees on the main bitcoin network, or better still, avoid bitcoin transaction at the moment pending when the network returns to being cheap and stable again.
This is actually a very serious problem indeed. Bitcoin transactions are comparatively very expensive and the transactions themselves are slow in time. The Lightning Network and the L2 version of the Bitcoin network are difficult for the average user to navigate. If we want Bitcoin to become the most widely used and with the highest level of transactions, they must be very easy to use, cheap and fast. If the Bitcoin network is aimed at specialists, then it will be used mainly by specialists. After all, there are already thousands of different altcoins that have much better characteristics than Bitcoin.

Now we come to another problem. Bitcoin has not become full-fledged money. It is primarily used as an investment vehicle in hopes of price growth and profit. But on the other hand, if Bitcoin stops growing in price at the current rate, then people will lose interest in it.

25
I read this topic and the comments on it and I had more questions than I received information. Is this coin called an “Islamic coin”? Is it a cryptocurrency or a government-owned CBDC? Who issues this coin and will it be backed? And finally: was it released in September or not?
The OP needs to provide more information and link to a detailed description of it. Otherwise, it is completely unclear what we are talking about here. The fact that it meets the requirements of Sharia and ethics relates to religion, not finance, and therefore is not the main thing in this forum. But the organizational, functional and financial parts of the issue have not been clarified at all.

26
This information was written in mid-September. More than three months have passed, a few days are left before the New Year, but we have not seen any collapse of altcoins. On the contrary, since October, Bitcoin and altcoins have begun to grow in price quite well. Increased demand for cryptocurrency ahead of the Bitcoin halving offset the bad consequences of the sale of $3.4 billion in cryptocurrency assets by the bankrupt cryptocurrency exchange FTX. Therefore, this goes unnoticed for the altcoin market.

27
I don’t even know if it would be good or bad if Bitcoin rose in price from the current $43,000 to one million dollars in a few days. Very serious movements would begin in the cryptocurrency market. Governments may react negatively to such rapid growth of this market. But I am one of those who doubts that this is even possible. And in general: a million dollars for one bitcoin is still in the realm of science fiction.

28
It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).
Not anymore now. There was an initial bearish effect on the crypto market, but the said market has rallied around, and now the war is almost 2 years, the effects can be said to be negligible for now. Also the Russian government was getting funding via crypto from some organizations. So that is the reason the US SEC is this tough in crypto
If a terrorist state, which is Russia, receives financial assistance to wage a war in cryptocurrency, then of course such transactions will be under the close scrutiny of the relevant US structures. After all, this has signs of terrorist financing.

In general, it is still difficult to say how the war that Russia has been waging in Ukraine for almost two years has appeared on the cryptocurrency. If only simply because no one collects any data on this matter. Now in the war zone there is simply no time for this.

But it is worth considering that this war is actually local, although it affects the interests of most states. If it develops into the Third World War, then its significance for cryptocurrency will be different.

29
It is true that crypto markets or exchanges can still exist and operate without permission from the government. But unfortunately, not everything can run smoothly. maybe there will still be problems in cashing out into fiat in our bank account. However, actually this can all be overcome with P2P, we just have to be smart and be careful when choosing P2P. It would be better if the government legalized exchange to make all transactions easier.
We can already be convinced that the government’s attitude towards cryptocurrency is crucial for its circulation within the country. No matter what we say, the government has the ability to control the work of crypto exchanges and exchangers that are registered on its territory. And if states and their governments unite, they will be able to dictate the conditions for the circulation of cryptocurrency almost throughout the entire planet. People can freely make cryptocurrency transactions among themselves and do not need government permission for this. However, cryptocurrency will simply survive and its price will be extremely low if there is no free exchange of it for fiat. And governments will always be able to control such exchanges.

30

The name yuan already tagged to the Chinese currency and this may not be considered by other Asian countries. I think it is a good idea but the "Asian yuan" may be debated or asked and could be renamed to accommodate all interest on the Asian nations. A good examples is the Euro that stand for the European countries, I think the Asian nation should borrow their approach.
Asian states clearly need to use not the Chinese digital yuan as a regional digital currency, but a completely new digital currency. They need to protect themselves in case sanctions are subsequently imposed on China by the United States and Europe for actions towards Russia, Taiwan, or for some other reason. In this case, the Chinese yuan may fall sharply in value

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