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If someone wants to provide the bb code for update will update. Otherwise no point in having a pinned topic that is out of date...Update it. Please let me know if I missed anything or the table has something inaccurate.
Schiff said: “It begins with a sucker and ends with heavy losses.”Bitcoin is my choice and intelligent investors will mostly choose Bitcoin because they don't invest with emotion but with evidence-based decisions. Data clearly shows us why Bitcoin is a better choice for investment.
Saylor: "I’ve seen the light. Bitcoin is gonna change the world. It’s unstoppable.”
Ladies and gentlemen, which side of the debate would you bet your money?
| Bitcoin | Gold | S&P500 | |
| _______ | ____________ | _______ | _______ |
| 1 year | +146% | +31% | +27% |
| 2 year | +198% | +44% | +34% |
| 3 year | +33% | +40% | +25% |
| 4 year | +454% | +30% | +62% |
| 5 year | +523% | +63% | +95% |
| 6 year | +842% | +108% | +96% |
| 7 year | +1,372% | +94% | +130% |
| 8 year | +11,060% | +90% | +159% |
| 9 year | +28,271% | +124% | +186% |
| 10 year | +12,368% | +96% | +181% |
| 11 year | +54,160% | +77% | +245% |
| 12 year | +593,736% | +50% | +299% |
| 13 year | +711,718% | +40% | +371% |
| 14 year | +99 million% | +103% | +433% |
| _______ | ____________ | _______ | _______ |
Coinbase recently release new erc20 token cbBTC and they are claiming this is backed by Bitcoin held by Coinbase exchange.Coinbase are late because there are many Wrapped tokens that were created with Bitcoin in their token names in order to help their developers getting money.
Don't use cbBTC and similar junk tokens
Looking back and comparing with today, can we conclude that not much has changed in how some people perceive Bitcoin?In earlier years, Bitcoin was less mature than now, in 2024, 15 years since the Bitcoin Genesis block.
I'm skeptical when I see community-led projects because of what happened to the tokens I had before. They say no team holdings but they're usually manipulated by huge bag holders and do not last that long. I'll probably just throw a couple of hundreds as a gamble and see what happens by the end of the year.Community-led projects with meme tokens, good luck to who believe in those projects and bet big with them. Bet in them with small money you have, compares to your total capital, is acceptable if you afford to lose that money.
The news itself is very strange without more details.She is part of an investment fraud operation according to some more detailed news.
The subsequent investigation culminated in police seizing devices containing 61,000 bitcoins — currently worth more than $4 billion — in 2018, in what was the UK's largest-ever crypto seizure.
The funds are said to have come from an investment fraud operation in China led by her "employer," Yadi Zhang.
In her sentencing remarks, Judge Sally-Ann Hales, KC, said that more than 128,000 investors pumped 40 billion Renminbi (roughly $5.6 billion) into the scheme.
Jian Wen, 42, who was alleged to have carrying out the laundering on behalf of her former boss, was found guilty in March.
Zhimian is alleged to have defrauded around 130,000 investors in China in an investment scam that brought in $5 billion.
If she could invest in crypto and earn €2B, I don't think she's an ordinary person. No ordinary person holds more than 30K BTC ^^She scammed people and investors to get this whale-number of bitcoin. It is very abnormal that people suddenly got such massive bitcoins recently if they are not Bitcoin ogs from many years ago.
Large public miners such as Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf reported a 6%-12% decline in BTC production immediately after the halving in April.What is a halving?
There is also the longest period of coin hoarding by miners since the $16,000 BTC - they are likely hoarding in anticipation of higher prices to sell.
News link: https://theminermag.com/news/2024-05-06/hut8-bitcoin-production-drop-april-halving-miner-relocation
While Michael Saylor surely appreciates the approvals by SEC, he is also heavily criticizing it on its overall attitude towards the cryptocurrency industry, saying "SEC has basically been very obstructionist and at war with the entire crypto industry, suing all of the crypto exchanges, suing all of the entrepreneurs, and we got a very minimalist embracing of bitcoin.Main capital of Saylor is in Bitcoin and the same for capital of MicroStrategy. It makes sense that he is a Bitcoin maximalist and his statements don't like he wants people to spend money to buy and invest in altcoins.
30mins is a whole lot of time to wait. Even in BTT, the debate of post bursting had always bothered around 5mins.Time gap between two posts can be like 7 to 15 minutes which are enough for me to read topics, posts, write my post
As this news did not brought too much volume. I don't think that the approval of ETF from HK will play a big role in acheinving ATH for BTC. Speaking of war it really plays an important role as it can cause big dump if war happens. Besides it BTC is not fully prepared for the flight yet, I think we need more volume and more adoption, considering this factor we can count the HK ETFs but still not play a big role, we need something big, maybe something from Elon twitter handle (IYKYK).HongKong market is smaller than many other markets in the USA, UK, Europe and it makes sense if Bitcoin Spot ETFs in HongKong won't make big impacts on Bitcoin price. Because demands and capital inflow from HongKong Bitcoin Spot ETFs would be small and not big enough to impact on price.
But good news always comes suddenly and doesn't even give time for those who are late to buy.News will be released on time to shock the market up or down.
Yeah exactly and that is sad reality about I think almost anything we dreamed of achieving. I personally admire those people who has the most patience regardless of what the situation is. Focus is also very important especailly nowadays that distractions are everywhere.Patience is one of keys to succeed in investment, long term and in this volatile market, it is more important to succeed and get profit. It is not decisive, though, as if you choose a bad asset for your portfolio, your patience and long term holding will only cause nightmare and severe loss of your capital. It's easier to lose 90% and bigger like 98% to 99% of your capital from a peak during a bull market, within 2 years of bear market.
Diversifying your investment portfolio requires that both gold, the dollar and Bitcoin be present. Otherwise, you may need liquidity, and then you may sell Bitcoin for about 30% of its real value. Therefore, comparing Bitcoin and gold is useless, as you need both in your investment portfolio.Gold is a favorite investment asset with many people especially the elderly or middle aged people but I am quite sure it is not a most favorite choice for young generations. They will be keen on cryptocurrency market in which Bitcoin is a best investment asset for people who prioritize safety of the capital.
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