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Halvening is next April 2024... Bitcoin could peak at $1M this cycle. Prolly nothing...

Bitcoin is a bearer asset that you control using the private keys If you're using the broker's wallet, they own the private keys and the bitcoins, what you have is an IOU from the broker You do not own any bitcoins

BIP-39 is a standard so long as your wallet followed the standards, you should be able to use the same seed phrase on a different wallet Also, each bitcoin address (public key) has a corresponding public key which can be backed up but this is too cumbersome hence one of the reasons for BIP-39...

Traders dilemma(?) I've been de-risking for a while now (due to too many headwinds in the global financial situation) and have completed the process last night (early morning for me) I considered going short Eth (small position) because the very process of de-risking is removing my excess long...

Closed the long 4 btc perp futures probably a local bottom and btc may bounce back to 30k but too many headwinds for risk assets at this time Unless there's some good opportunities, i.e. meme crypto frenzy like a few months ago, I will just wait for next year bitcoin halvening to actively trade...

It will be a very good product if Coinbase has the btc futures trading 24/7/365 like all the Coinbase offerings... and if it's a "physical settlement" vs cash, would be a game-changer CME would not be able to compete and the likes of Blackrock would juice up the returns pocketing all the...

Got liquidated 2.2k usdt on that wick down... But the other position is still intact long (4) btc perp futures Stock market on a slow crash mode... feels like it's going to continue on this path Other risk assets including bitcoin is having weak price action... I will de-risk some more...

This is a good thing for hedging Producers (miners) and bitcoin whales can lock in prices in the futures market secured by their bitcoin holdings on Coinbase

I prefer Tether as my stablecoin issuer :D

Don't want to dox my location in Asia, (yet) but it's not a high cost of living area Yes, it's for good. Life has been GREAT , like a fantasy dream I don't want to wake up from Most important for me is safety and security as I have young kids I've walked by myself at least five times between...

Bitcoin bull-bear market cycle happens around the halvening which is scheduled to occur around April of 2024 However, given that everyone is aware of this, there is a theory that it will be front-run by market players so we will hit $100k/btc by year end Will btc peak at $1M this cycle and...

Reviving the bitcoin (crypto?) trading thread... New life (is pretty awesome) in Asia... Have not traded (much), except de-risked by closing a lot of altcoin positions. Sold off the NFT assets a few months ago, the ones with value... Pretty much my only altcoin position is Pepe, but I do have...

They took it out because of the backlash, but saw a tweet that it was put back Early bitcoiners still remember PayPal locking user accounts because of transactions linked to purchase of bitcoin

Issued by Paxos, the same company that got in trouble for issuing Binance Stablecoin BUSD, and also is the issuer for Gemini stablecoin GUSD and its own branded stablecoin Pax dollar USDP This PayPal stablecoin PYUSD is something special, lmao

Stablecoin for the normies... prolly nothing https://www.reuters.com/technology/paypal-launches-stablecoin-crypto-push-2023-08-07/ PayPal launches dollar-backed stablecoin, boosting shares By Jaiveer Shekhawat and Hannah Lang August 7, 20231:52 PM PDTUpdated 9 hours ago The PayPal logo is seen...

True, we have! LOL Ok, but have to revisit and emphasize that validator censorship and blacklisting of addresses are not going to be a major issue for vast majority of the crypto users especially the ones not living in western nations like USA, Canada, Australia, etc For it to be a concern...

A long time ago, before the stablecoins and before the smart contract blockchains like Ethereum, the reserve asset and currency of the cryptos ecosystem was bitcoin, and btc was the main trading pair in exchanges If Tether implodes, bitcoin could very well become that again pushing the price...

We're going to offend a lot of Ethereum fans here but I agree with you on all the risks that you mentioned and validator censorship and blacklisting of addresses affect all crypto assets which includes the base token Eth on the Ethereum blockchain The conspiracy theory is that the Ethereum...

As a Bitcoiner, bitcoin is the best bearer asset But gold??? How are you going to send $1M worth of gold from Canada to South Korea in less than 1 minute? How are you going to travel from Canada to Asia with $1M worth of gold? Gold is boomer rock asset and this is the crypto assets forum Can...

Yes I agree validators can censor addresses, due to the PoS design of Ethereum, it adds a bit more pressure for compliance especially the biggest validator nodes/pools are run by big US companies such as Coinbase But did you understand that this is not a Usdt-specific issue? Even now you...