LoneMoon

Hero Member
18
Posts
2,166
Reputation
Jun 13, 2016
Joined
Recent posts
  • I think it’ll surge on January 20, 2025, with Trump taking office and Gensler stepping down. If we triple the last ATH of $69k, we’re looking at $207k. So yeah, $180k is on the table.

  • Check this out, I use this inflation calculator. If you had $1.32 in 2014, it's worth $1 now. Imagine having $50K back in 2004... now it’s like $30K. That’s basically half your wealth gone in 20 years. If you're just…

  • I disagree a bit. I’ve had a good run trading without any losses because I got lucky. But now I’m stuck holding onto some bad investments. Why does every centralized exchange seem sketchy? They aren’t all that bad, you…

  • True, if it was profitable, people wouldn’t quit. Even if you don’t want to farm, you could hire someone. I know a guy with a small farm who says the risks outweigh the rewards.

  • Wait, you think a drop from $117,740 to $116,000 is drastic? That’s like a small hiccup, barely 1.5%. Bitcoin has taken way bigger hits and bounced back.

  • Right. Some countries reward effort and talent, while others only care about the end results. That can totally affect where people decide to go.

  • But what about earning some interest? Why not keep it in a high-yield account or a crypto bank where you can access it instantly? If it’s just sitting there, it’s losing value with inflation.

  • Honestly, if BTC drops to $90k, I wouldn’t be shocked at all. It’ll bounce back and probably hit a new ATH above $123k. The market cycle psychology is changing, and big players still believe in Bitcoin.

  • Transactions per second matter a lot. If there's too much traffic, it causes bottlenecks. Digital tech speeds things up but still needs to catch up to keep up with demand.

  • China's got a massive population, so real estate prices are nuts. A lot of folks can only afford to rent or share rooms. But I don't think it'll crash the whole economy. If they just have to live with less, they'll…

  • honestly, we don’t know what will happen after we’re gone. Building wealth is fine, but enjoy it while you can. Not everyone is going to handle it the right way.

  • A 200% gain just means $2k. So are we saying $50k turns into $1 million? Only if a ton of gold investors switch to Bitcoin. I see this year as bullish, but reaching a million in such a short time? Nah.

  • I don't see the point in faking. I think it's better to express gratitude for what I have, even if it's not much. Plus, constantly pretending can get you into negative situations.

  • You can check out this site for updated info on mining difficulty. Yup, it’s at its peak right now at 33.74 T. Difficulty will keep climbing unless miners start quitting. For me, higher electricity costs make BTC mining…

  • Is there even an adult out there who doesn’t spend on these five things? Sure, they may skip on investing in gold or crypto, but they still park their cash in savings accounts that yield a bit.

  • People don’t get it. A time deposit may seem good at 6% APY, but inflation often eats away at that. Holding Bitcoin is a better hedge against this thing.

  • I get your point, and yeah, Bitcoin’s better than banks for this stuff. But most of my friends are domestic, and they tend to have weddings here, not abroad. Demand for this might be pretty niche.

  • Look, if you’re in a capitalist country, the amount you can invest varies wildly compared to a communist one. In a capitalist setting, you can hire help, get a nanny, or even a personal driver if you’re doing well.