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Binance Square Official
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Predict BTC Price & Win up to $300 USDC!
With the new year approaching, where do you think Bitcoin will go next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
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Binance Academy
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Why is Bitcoin valuable?
Summary
Bitcoin's value is derived from a variety of different properties. Ultimately, the value of cryptocurrencies and fiat currencies comes from “trust.” As long as society trusts the fiat currency system, money will always have value. The same goes for Bitcoin: it has value as long as users trust it, but there are more factors to consider.
Unlike legal currency, Bitcoin is not subject to central bank supervision, and its decentralized architecture has given rise to a unique financial system. Blockchain technology brings security, practicality, and many other advantages while subverting traditional global value transfer methods. Analyzed from many aspects, Bitcoin can also be used as a means of value savings similar to gold.
Bitcoin's value is derived from a variety of different properties. Ultimately, the value of cryptocurrencies and fiat currencies comes from “trust.” As long as society trusts the fiat currency system, money will always have value. The same goes for Bitcoin: it has value as long as users trust it, but there are more factors to consider.
Unlike legal currency, Bitcoin is not subject to central bank supervision, and its decentralized architecture has given rise to a unique financial system. Blockchain technology brings security, practicality, and many other advantages while subverting traditional global value transfer methods. Analyzed from many aspects, Bitcoin can also be used as a means of value savings similar to gold.
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To all of you who have faith in Bitcoin: This persistence is worth it!
Today, Bitcoin has strongly broken through the $100,000 mark. For many, this is a celebration, but for true believers in Bitcoin, it is more of a testament—witnessing that their persistence and faith have finally been recognized by the market.
Do you remember those 'painful' moments?
As this image shows, the path of Bitcoin investment has never been a smooth one. From the lows of bear markets to the overwhelming FUD (Fear, Uncertainty, and Doubt) public pressure, every step feels like stepping on thorny brambles. Your account may have significantly shrunk at one point, your confidence may have been questioned countless times, and even your closest ones may have laughed at you for being 'crazy'. Yet, you still gritted your teeth and persevered.
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Cryptocurrency Passport! Absurd yet Real! Just like Virtual Currency
There is a small coastal country in North America where Bitcoin is legal tender. The president gets involved, the whole country 'trades' cryptocurrencies, spending hundreds of millions to build power generation facilities, making 🌋 erupt virtual currency (volcanic geothermal power generation)! Blockchain is incorporated into the curriculum, so absurd yet real, allowing them to make huge profits. This is El Salvador, the Kingdom of Bitcoin! And Yuchen has already settled here! Changpeng might regret the injustice of being a big beautiful one.
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El Salvador Passport, three-month processing without login, simple information without the need for a Fan criminal record certificate, visa-free travel to Japan, South Korea, the EU, and 140 other countries. There is also a way to enter Europe indirectly for two years to obtain a Spanish passport. Aside from value-added tax, there are no other taxes, and it is not globally taxed under the CRS. A 'tax-saving artifact', no retrospective source of funds inquiries, 🈚 no foreign exchange control, globally open for M single, supports dual identity, achieving identity, asset shovel dual separation Li. Both generations can obtain it simultaneously, a powerful tool for children's education! Acquisition is merely holding the country's debt, short one year, fixed xi, 7.5%.
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Constructing a Bitcoin city. At the foot of the volcano next to Zongde Beach, land has already been allocated for planned infrastructure covering residential, commercial, restaurants, ports, and more, integrating web3, blockchain, and other technologies, and virtual currency can be used for all expenses! There are legal provisions; overall, it's a pretty good fast passport.
There is a small coastal country in North America where Bitcoin is legal tender. The president gets involved, the whole country 'trades' cryptocurrencies, spending hundreds of millions to build power generation facilities, making 🌋 erupt virtual currency (volcanic geothermal power generation)! Blockchain is incorporated into the curriculum, so absurd yet real, allowing them to make huge profits. This is El Salvador, the Kingdom of Bitcoin! And Yuchen has already settled here! Changpeng might regret the injustice of being a big beautiful one.
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El Salvador Passport, three-month processing without login, simple information without the need for a Fan criminal record certificate, visa-free travel to Japan, South Korea, the EU, and 140 other countries. There is also a way to enter Europe indirectly for two years to obtain a Spanish passport. Aside from value-added tax, there are no other taxes, and it is not globally taxed under the CRS. A 'tax-saving artifact', no retrospective source of funds inquiries, 🈚 no foreign exchange control, globally open for M single, supports dual identity, achieving identity, asset shovel dual separation Li. Both generations can obtain it simultaneously, a powerful tool for children's education! Acquisition is merely holding the country's debt, short one year, fixed xi, 7.5%.
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Constructing a Bitcoin city. At the foot of the volcano next to Zongde Beach, land has already been allocated for planned infrastructure covering residential, commercial, restaurants, ports, and more, integrating web3, blockchain, and other technologies, and virtual currency can be used for all expenses! There are legal provisions; overall, it's a pretty good fast passport.
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Written on Bitcoin Breaking $100,000: Three Observations and Future Outlook
#BTC走势预测 Bitcoin breaks $100,000, and cheers can be heard everywhere in social circles and discussion boards, with many choosing to cash out at this critical point. In the short term, this makes sense, but in the long term, it may still underestimate Bitcoin's potential. Here are my three observations for discussion.
1. BTC circulation depleting: The supply-demand relationship is quietly changing.
The core driving force behind this surge in Bitcoin is not retail speculation, but rather long-term institutional positioning. Data shows that the current circulation of Bitcoin on global exchanges is only about 2.5 million, down from 3.4 million two years ago.
1. BTC circulation depleting: The supply-demand relationship is quietly changing.
The core driving force behind this surge in Bitcoin is not retail speculation, but rather long-term institutional positioning. Data shows that the current circulation of Bitcoin on global exchanges is only about 2.5 million, down from 3.4 million two years ago.
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Unbelievable! Did the South Korean coup cause Bitcoin to crash?!
Last night, the crypto world was explosive! Suddenly, news broke in South Korea that the president announced a state of emergency, and then the exchange Upbit directly had issues, causing Bitcoin and altcoins to flash crash below $72,000! I was completely stunned while checking the market; this spike-style crash was something I had never seen before. Even more outrageous, Upbit directly 'pulled the plug' and stopped trading! This operation deepened my understanding of 'wild chicken platforms'.
#韩国戒严如何影响市场？
The comment section is in a heated argument:
1. "This wave proves that Bitcoin can't withstand the storm at all."
Is it really like this? But the big players are not buying it: "What does this have to do with Bitcoin? This is a problem of insufficient liquidity on the platform, a typical 'spike' crash, unrelated to the coin itself."
#韩国戒严如何影响市场？
The comment section is in a heated argument:
1. "This wave proves that Bitcoin can't withstand the storm at all."
Is it really like this? But the big players are not buying it: "What does this have to do with Bitcoin? This is a problem of insufficient liquidity on the platform, a typical 'spike' crash, unrelated to the coin itself."
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Changing fate is still possible.
If you are still hesitating about entering Bitcoin, I can only tell you: real wealth opportunities often slip away in the moment you hesitate. Bitcoin is no longer the 'niche speculative product' it once was; it is now the 'wealth code' of the digital age.
This is not a story; it's a fact. From a few cents to $100,000, Bitcoin has accomplished in 14 years what ordinary assets take decades or even centuries to achieve in growth. And now, the brief price adjustment is undoubtedly a **'second chance.'** If you missed the last opportunity, are you going to miss this one too?
This is not a story; it's a fact. From a few cents to $100,000, Bitcoin has accomplished in 14 years what ordinary assets take decades or even centuries to achieve in growth. And now, the brief price adjustment is undoubtedly a **'second chance.'** If you missed the last opportunity, are you going to miss this one too?