Thank you, MD. Please refrain from giving medical advise or analyses online. Maybe the NHS is free due to being decentralised?
We are here to discuss the rise and fall of BTC. We have opposing views, you should learn to accept that this exists. This is just questions and answers.
What is your definition of stable? BTC dropped 35,58% since last month might not be what people consider stable. Is my mind made up? No, I checked the value and came to a different conclusion than you. Care to elaborate ? Did you mean that the decline is stable?
Well ok, but I’ve told you some facts many times over 2 large threads, at what point will you accept facts and stop repeating similar questions? I guess there is only so far a convo can go.
I do accept that, however I can also question where your belief originated from, and I can question the validity of your views. You would also need to accept that if you post your view on a forum then be prepared that people may analyse it.
Earlier in the thread you claimed BTC “matured” it seems you don’t understand maturing is only related to some sort of loan. So I’m really not sure where you get your facts from.
State economy collapses → solution use untaxed money. Sure, will end very well.
Also they complain about frozen bank accounts… their solution… go to crypto exchanges… rofl.
Good luck, they will need it.
You should call NASDAQ, those morons don’t know it either.
Those cyrpto guys also don’t know it :
What do crypto believer say? Oh no, tehy are also dumb
Not sure how many more examples you need but I guess your fact is that the entire world is wrong and your opinion of not using the word mature is the only right thing. Did you post any facts? No, it’s a fact because it’s your opinion.
In finance, maturity or maturity date is the date on which the final payment is due on a loan or other financial instrument, such as a bond or term deposit, at which point the principal (and all remaining interest) is due to be paid.
You can use the word if you’re referring to the age of something, or the fact that something has changed over time in a good way. example “my son has matured a lot this year he gets up every morning to draw water from the well”
Yes, matured can mean something has developed and progressed over time.
The process must start with buying…materials, stock, resources are all purchased as low as possible. A product is then manufactured or merchandised and sold higher.
Why? I am only posting facts. Are you implying it is somehow wrong to do this? Aedaxus has been told by a few people it’s possible to have a BTC wallet no one but himself has access to, then a few posts later he will say something like that implies BTC can only be stored in an exchange like a bank.
I do not talk in this way, so I’m not sure why you want me to look in the mirror, what would I be looking for exactly?
BTC was designed to have a limit 21 million, due to this limit the only way for the value to be affected is supply/demand, this is purposefully designed. You got me on the artificial Intelligence, I just like the way BTC operates intelligently and spans the entire globe.
When selling BTC back to an exchange stops or slows the price is stable.
You can think that is what’s going on, but you are wrong. There was a massive BTC purchase recently which increased the value by about £500. Selling thousands of BTC will result in extremely high fees which would wipe out any possible profit.
The issue with pumping and dumping is that it won’t work in a recession as we have seen. If one buys lots of BTC and others are selling then the pump and dump theory will fail. Good luck to any trader attempting the pump and dump.
I’m responding to a person talking in circles which is not the same as talking in circles, Yourself and aedaxus seem driven to promote falsehoods about BTC, my role here is more of a fact checker. So if Aedaxus types his falsehoods I tend to respond with the fact.
No, they will borrow it, then sell high, when price drops they will buy low and return the borrowed amount of BTC. As they still technically bought low and sold high, but in different order, they have profit. The act of selling is also provoking the lower price, so the technique have some level of price manipulation, dumping it.
Let’s go ahead and add “short” to the list of words for you to google… (careful, multiple definitions here again - it’s not the one that means “not tall”)
In a short you want to borrow at peak… sell… then buy later to repay loan (hopefully much cheaper than the borrow price)
It looks like investors are taking precautions and holding their BTC in personal wallets instead of an exchange, Coinbase did reassure their customers that they wont go bankrupt, confidence in these massive crypto giants is decreasing.
Out of 27 6 to 10 year olds who were given BTC, 5 of them spent it, while 22 of them decided to hold on to their BTC.
I think it’s great they have activities aimed at understanding BTC and showing them how the price of a popular choc bar has increased which will prepare them for the unknown future.
The meetings must have been insightful, it is a noble quest to want to include everyone in Bitcoin from all walks of life. I’ve posted a little of the article, It seems there are many that have no idea what progress is, how it’s done and why it’s needed.
While a majority of his Twitter followers commended CZ for his efforts, one Twitter user named e-king questioned the CEO’s belief that Africa is now ready for adoption.
“Do you really think the unbanked in Africa have access to smartphones and the internet?” the user asked.
These people will never understand that it is a good thing to start making change even if those changes will take 20 years, the “it’s broke and can never be fixed” mentality isn’t productive.
El Salvador % Internet users: 29 Senegal: 25 Ivory coast 26
Schooling is 2~3 years less on average for those two countries vs El Salvador. They are probably smarter and less forgetful than me but still…
I think maybe unemployment could be lessened a bit with those companies that will install and maintain the Bitcoin (bank) dispenser. I can imagine them installing it in all the small poor villages that lack electricity and not in the large cities.
Anyways, we will see how it goes after the government and the rich families buy some BTC. Maybe the poor will get some too!
“Most of the energy production is from fossil fuels, mostly diesel and gas (733 of 864 MW).[3] An increasing amount of the energy production comes from sustainable sources, such as Manantali Dam in Mali and a new wind farm in Thiès opened in 2020—however, it is still a small portion of the total production. Despite increases in production in the 2010s, the economy is frequently hindered by energy shortages compared to demand.”
At least there is off grid electricity. And with Bitcoin, they can start to mass produce as all waste energy can be converted in dank BTC.
rofl.
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